10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001562528-22-000013 |
| Period End Date | 20220331 |
| Filing Date | 20220504 |
| Fiscal Year | 2022 |
| Fiscal Period | Q1 |
| XBRL Instance | bsprt-20220331_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
81 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Allowance for loan losses |
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterestCurrent
|
$14.93M | USD | Point-in-time |
| Allowance for loan losses |
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterestCurrent
|
$15.83M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$99.10M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$154.93M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$117.06M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$12.47M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$11.81M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$13.27M | USD | Point-in-time |
| Commercial mortgage loans, held for investment, net of allowance of $14,933 and $15,827 as of March 31, 2022 and December 31, 2021, respectively |
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
|
$4.21B | USD | Point-in-time |
| Commercial mortgage loans, held for investment, net of allowance of $14,933 and $15,827 as of March 31, 2022 and December 31, 2021, respectively |
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
|
$4.53B | USD | Point-in-time |
| Commercial mortgage loans, held for sale, measured at fair value |
MortgagesHeldForSaleFairValueDisclosure
|
$34.72M | USD | Point-in-time |
| Commercial mortgage loans, held for sale, measured at fair value |
MortgagesHeldForSaleFairValueDisclosure
|
$107.98M | USD | Point-in-time |
| Common stock, par value per share (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Common stock, par value per share (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Real estate securities, trading, measured at fair value |
TradingSecuritiesDebt
|
$4.57B | USD | Point-in-time |
| Real estate securities, trading, measured at fair value |
TradingSecuritiesDebt
|
$1.95B | USD | Point-in-time |
| Common stock, shares authorized (in shares) |
CommonStockSharesAuthorized
|
900.00M | shares | Point-in-time |
| Common stock, shares authorized (in shares) |
CommonStockSharesAuthorized
|
900.00M | shares | Point-in-time |
| Derivative instruments, measured at fair value |
DerivativeAssets
|
$478.00K | USD | Point-in-time |
| Derivative instruments, measured at fair value |
DerivativeAssets
|
$436.00K | USD | Point-in-time |
| Common stock, shares outstanding (in shares) |
CommonStockSharesOutstanding
|
43.97M | shares | Point-in-time |
| Other real estate investments, measured at fair value |
OtherRealEstateInvestmentsAtFairValue
|
$2.07M | USD | Point-in-time |
| Other real estate investments, measured at fair value |
OtherRealEstateInvestmentsAtFairValue
|
- | USD | Point-in-time |
| Common stock, shares outstanding (in shares) |
CommonStockSharesOutstanding
|
44.47M | shares | Point-in-time |
| Receivable for loan repayment |
LoansPledgedAsCollateral
|
$204.83M | USD | Point-in-time |
| Receivable for loan repayment |
LoansPledgedAsCollateral
|
$252.35M | USD | Point-in-time |
| Common stock, shares issued (in shares) |
CommonStockSharesIssued
|
43.97M | shares | Point-in-time |
| Common stock, shares issued (in shares) |
CommonStockSharesIssued
|
44.47M | shares | Point-in-time |
| Accrued interest receivable |
InterestReceivable
|
$24.79M | USD | Point-in-time |
| Accrued interest receivable |
InterestReceivable
|
$30.11M | USD | Point-in-time |
| Residential mortgage backed securities, principal paydowns, receivable |
ResidentialMortgageBackedSecuritiesPrincipalPaydownsReceivable
|
$27.40M | USD | Point-in-time |
| Prepaid expenses and other assets |
PrepaidExpenseAndOtherAssets
|
$18.43M | USD | Point-in-time |
| Residential mortgage backed securities, principal paydowns, receivable |
ResidentialMortgageBackedSecuritiesPrincipalPaydownsReceivable
|
$65.30M | USD | Point-in-time |
| Prepaid expenses and other assets |
PrepaidExpenseAndOtherAssets
|
$13.60M | USD | Point-in-time |
| Intangible lease asset, net of amortization |
FinanceLeaseRightOfUseAsset
|
$47.75M | USD | Point-in-time |
| Intangible lease asset, net of amortization |
FinanceLeaseRightOfUseAsset
|
$48.47M | USD | Point-in-time |
| Real estate owned, net of depreciation |
RealEstateAcquiredThroughForeclosure
|
$90.05M | USD | Point-in-time |
| Real estate owned, net of depreciation |
RealEstateAcquiredThroughForeclosure
|
$89.47M | USD | Point-in-time |
| Cash collateral receivable from derivative counterparties |
CashCollateralReceivableFromDerivativeCounterparties
|
$56.77M | USD | Point-in-time |
| Cash collateral receivable from derivative counterparties |
CashCollateralReceivableFromDerivativeCounterparties
|
$9.11M | USD | Point-in-time |
| Total assets |
Assets
|
$9.47B | USD | Point-in-time |
| Total assets |
Assets
|
$7.11B | USD | Point-in-time |
| Collateralized loan obligations |
SecuredDebt
|
$2.16B | USD | Point-in-time |
| Collateralized loan obligations |
SecuredDebt
|
$2.88B | USD | Point-in-time |
| Mortgage note payable |
NotesPayable
|
$24.00M | USD | Point-in-time |
| Mortgage note payable |
NotesPayable
|
$24.00M | USD | Point-in-time |
| Unsecured debt |
UnsecuredDebt
|
$98.62M | USD | Point-in-time |
| Unsecured debt |
UnsecuredDebt
|
$148.59M | USD | Point-in-time |
| Derivative instruments, measured at fair value |
DerivativeLiabilities
|
$32.30M | USD | Point-in-time |
| Derivative instruments, measured at fair value |
DerivativeLiabilities
|
$3.75M | USD | Point-in-time |
| Interest payable |
InterestPayableCurrentAndNoncurrent
|
$3.31M | USD | Point-in-time |
| Interest payable |
InterestPayableCurrentAndNoncurrent
|
$2.69M | USD | Point-in-time |
| Distributions payable |
DividendsPayableCurrentAndNoncurrent
|
$36.73M | USD | Point-in-time |
| Distributions payable |
DividendsPayableCurrentAndNoncurrent
|
$30.35M | USD | Point-in-time |
| Distributions payable |
DividendsPayableCurrentAndNoncurrent
|
$14.59M | USD | Point-in-time |
| Accounts payable and accrued expenses |
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
$12.71M | USD | Point-in-time |
| Accounts payable and accrued expenses |
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
$12.86M | USD | Point-in-time |
| Due to affiliates |
DueToAffiliateCurrentAndNoncurrent
|
$17.54M | USD | Point-in-time |
| Due to affiliates |
DueToAffiliateCurrentAndNoncurrent
|
$21.90M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$7.67B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$5.36B | USD | Point-in-time |
| Commitment and contingencies (See Note 10) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitment and contingencies (See Note 10) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Common stock, $0.01 par value, 900,000,000 shares authorized, 44,471,127 and 43,965,928 shares issued and outstanding as of March 31, 2022 and December 31, 2021, respectively |
CommonStockValue
|
$441.00K | USD | Point-in-time |
| Common stock, $0.01 par value, 900,000,000 shares authorized, 44,471,127 and 43,965,928 shares issued and outstanding as of March 31, 2022 and December 31, 2021, respectively |
CommonStockValue
|
$441.00K | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$903.26M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$903.86M | USD | Point-in-time |
| Accumulated other comprehensive income (loss) |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-62.00K | USD | Point-in-time |
| Accumulated other comprehensive income (loss) |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
- | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-167.18M | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-226.43M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$1.65B | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$1.71B | USD | Point-in-time |
| Non-controlling interest |
MinorityInterest
|
$5.76M | USD | Point-in-time |
| Non-controlling interest |
MinorityInterest
|
$5.76M | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.65B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$798.44M | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$814.46M | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.71B | USD | Point-in-time |
| Total liabilities, redeemable convertible preferred stock and equity |
LiabilitiesAndStockholdersEquity
|
$9.47B | USD | Point-in-time |
| Total liabilities, redeemable convertible preferred stock and equity |
LiabilitiesAndStockholdersEquity
|
$7.11B | USD | Point-in-time |
Income Statement
60 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Interest income |
InterestAndDividendIncomeOperating
|
$42.24M | USD | 1 Quarter |
| Interest income |
InterestAndDividendIncomeOperating
|
$75.26M | USD | 1 Quarter |
| Less: Interest expense |
InterestExpenseDeposits
|
$22.48M | USD | 1 Quarter |
| Less: Interest expense |
InterestExpenseDeposits
|
$11.37M | USD | 1 Quarter |
| Net interest income |
InterestIncomeExpenseNet
|
$30.87M | USD | 1 Quarter |
| Net interest income |
InterestIncomeExpenseNet
|
$52.78M | USD | 1 Quarter |
| Revenue from real estate owned |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$2.31M | USD | 1 Quarter |
| Revenue from real estate owned |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$716.00K | USD | 1 Quarter |
| Total income |
Revenues
|
$55.09M | USD | 1 Quarter |
| Total income |
Revenues
|
$31.58M | USD | 1 Quarter |
| Asset management and subordinated performance fee |
AssetManagementAndSubordinatedPerformanceFees
|
$6.75M | USD | 1 Quarter |
| Asset management and subordinated performance fee |
AssetManagementAndSubordinatedPerformanceFees
|
$5.42M | USD | 1 Quarter |
| Acquisition expenses |
BusinessCombinationAcquisitionRelatedCosts
|
$315.00K | USD | 1 Quarter |
| Acquisition expenses |
BusinessCombinationAcquisitionRelatedCosts
|
$153.00K | USD | 1 Quarter |
| Administrative services expenses |
GeneralAndAdministrativeExpense
|
$3.35M | USD | 1 Quarter |
| Administrative services expenses |
GeneralAndAdministrativeExpense
|
$3.47M | USD | 1 Quarter |
| Professional fees |
ProfessionalFees
|
$6.66M | USD | 1 Quarter |
| Professional fees |
ProfessionalFees
|
$2.00M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$1.29M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$406.00K | USD | 1 Quarter |
| Other expenses |
OtherGeneralExpense
|
$1.76M | USD | 1 Quarter |
| Other expenses |
OtherGeneralExpense
|
$495.00K | USD | 1 Quarter |
| Total expenses |
OperatingExpenses
|
$11.94M | USD | 1 Quarter |
| Total expenses |
OperatingExpenses
|
$20.13M | USD | 1 Quarter |
| Provision/(benefit) for credit losses |
ProvisionForLoanLossesExpensed
|
$-955.00K | USD | 1 Quarter |
| Provision/(benefit) for credit losses |
ProvisionForLoanLossesExpensed
|
$-2.33M | USD | 1 Quarter |
| Realized (gain)/loss on sale of real estate securities |
DebtAndEquitySecuritiesGainLoss
|
- | USD | 1 Quarter |
| Realized (gain)/loss on sale of real estate securities |
DebtAndEquitySecuritiesGainLoss
|
$-1.06M | USD | 1 Quarter |
| Realized (gain)/loss on sale of commercial mortgage loans, held for sale, measured at fair value |
GainLossOnSaleOfMortgageLoansFairValueDisclosure
|
$1.89M | USD | 1 Quarter |
| Realized (gain)/loss on sale of commercial mortgage loans, held for sale, measured at fair value |
GainLossOnSaleOfMortgageLoansFairValueDisclosure
|
$6.63M | USD | 1 Quarter |
| Realized (gain)/loss on other real estate investments, measured at fair value |
GainLossOnOtherRealEstateOwnedFairValueDisclosure
|
- | USD | 1 Quarter |
| Realized (gain)/loss on other real estate investments, measured at fair value |
GainLossOnOtherRealEstateOwnedFairValueDisclosure
|
$-33.00K | USD | 1 Quarter |
| Unrealized (gain)/loss on commercial mortgage loans, held for sale, measured at fair value |
UnrealizedGainLossOnSaleOfMortgageLoansFairValueDisclosure
|
$-939.00K | USD | 1 Quarter |
| Unrealized (gain)/loss on commercial mortgage loans, held for sale, measured at fair value |
UnrealizedGainLossOnSaleOfMortgageLoansFairValueDisclosure
|
$479.00K | USD | 1 Quarter |
| Unrealized (gain)/loss on other real estate investments, measured at fair value |
UnrealizedGainLossOnOtherRealEstateOwnedFairValueDisclosure
|
$6.00K | USD | 1 Quarter |
| Unrealized (gain)/loss on other real estate investments, measured at fair value |
UnrealizedGainLossOnOtherRealEstateOwnedFairValueDisclosure
|
$4.00K | USD | 1 Quarter |
| Trading (gain)/loss |
TradingGainsLosses
|
$-88.44M | USD | 1 Quarter |
| Trading (gain)/loss |
TradingGainsLosses
|
- | USD | 1 Quarter |
| Unrealized (gain)/loss on derivatives |
UnrealizedGainLossOnDerivatives
|
$2.11M | USD | 1 Quarter |
| Unrealized (gain)/loss on derivatives |
UnrealizedGainLossOnDerivatives
|
$-4.96M | USD | 1 Quarter |
| Realized (gain)/loss on derivatives |
GainLossOnDerivativeInstrumentsNetPretax
|
$1.98M | USD | 1 Quarter |
| Realized (gain)/loss on derivatives |
GainLossOnDerivativeInstrumentsNetPretax
|
$34.03M | USD | 1 Quarter |
| Total other (income)/loss |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$-57.49M | USD | 1 Quarter |
| Total other (income)/loss |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$12.47M | USD | 1 Quarter |
| Income before taxes |
IncomeLossAttributableToParent
|
$32.12M | USD | 1 Quarter |
| Income before taxes |
IncomeLossAttributableToParent
|
$-22.53M | USD | 1 Quarter |
| Provision/(benefit) for income tax |
IncomeTaxExpenseBenefit
|
$1.97M | USD | 1 Quarter |
| Provision/(benefit) for income tax |
IncomeTaxExpenseBenefit
|
$-24.00K | USD | 1 Quarter |
| Net income/(loss) |
NetIncomeLoss
|
$30.15M | USD | 1 Quarter |
| Net income/(loss) |
NetIncomeLoss
|
$-22.51M | USD | 1 Quarter |
| Net income/(loss) applicable to common stock |
NetIncomeLossAvailableToCommonStockholdersBasic
|
$23.41M | USD | 1 Quarter |
| Net income/(loss) applicable to common stock |
NetIncomeLossAvailableToCommonStockholdersBasic
|
$-43.52M | USD | 1 Quarter |
| Basic earnings per share (in dollars per share) |
EarningsPerShareBasic
|
$-0.99 | USD | 1 Quarter |
| Basic earnings per share (in dollars per share) |
EarningsPerShareBasic
|
$0.53 | USD | 1 Quarter |
| Diluted earnings per share (in dollars per share) |
EarningsPerShareDiluted
|
$0.53 | USD | 1 Quarter |
| Diluted earnings per share (in dollars per share) |
EarningsPerShareDiluted
|
$-0.99 | USD | 1 Quarter |
| Basic weighted average shares outstanding (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
44.29M | shares | 1 Quarter |
| Basic weighted average shares outstanding (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
43.96M | shares | 1 Quarter |
| Diluted weighted average shares outstanding (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
44.31M | shares | 1 Quarter |
| Diluted weighted average shares outstanding (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
43.96M | shares | 1 Quarter |
Cash Flow Statement
121 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income/(loss) |
NetIncomeLoss
|
$30.15M | USD | 1 Quarter |
| Net income/(loss) |
NetIncomeLoss
|
$-22.51M | USD | 1 Quarter |
| Premium amortization and (discount accretion), net |
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
$2.54M | USD | 1 Quarter |
| Premium amortization and (discount accretion), net |
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
$1.17M | USD | 1 Quarter |
| Accretion of deferred commitment fees |
AmortizationOfDeferredLoanOriginationFeesNet
|
$2.22M | USD | 1 Quarter |
| Accretion of deferred commitment fees |
AmortizationOfDeferredLoanOriginationFeesNet
|
$1.49M | USD | 1 Quarter |
| Amortization of deferred financing costs |
AmortizationOfFinancingCosts
|
$1.33M | USD | 1 Quarter |
| Amortization of deferred financing costs |
AmortizationOfFinancingCosts
|
$1.40M | USD | 1 Quarter |
| Share-based compensation |
ShareBasedCompensation
|
$55.00K | USD | 1 Quarter |
| Share-based compensation |
ShareBasedCompensation
|
$500.00K | USD | 1 Quarter |
| Realized (gain)/loss from sale of real estate securities |
LossOnSaleOfSecuritiesNet
|
- | USD | 1 Quarter |
| Realized (gain)/loss from sale of real estate securities |
LossOnSaleOfSecuritiesNet
|
$1.06M | USD | 1 Quarter |
| Realized (gain)/loss from sale of other real estate investments |
GainsLossesOnSalesOfInvestmentRealEstate
|
$-33.00K | USD | 1 Quarter |
| Realized (gain)/loss from sale of other real estate investments |
GainsLossesOnSalesOfInvestmentRealEstate
|
- | USD | 1 Quarter |
| Realized (gain)/loss on swap terminations |
DerivativeInstrumentGainLossOnTermination
|
$34.38M | USD | 1 Quarter |
| Realized (gain)/loss on swap terminations |
DerivativeInstrumentGainLossOnTermination
|
- | USD | 1 Quarter |
| Realized and unrealized gain/loss on real estate securities, trading |
DebtSecuritiesTradingGainLoss
|
- | USD | 1 Quarter |
| Realized and unrealized gain/loss on real estate securities, trading |
DebtSecuritiesTradingGainLoss
|
$-88.44M | USD | 1 Quarter |
| Unrealized (gain)/loss from commercial mortgage loans, held for sale |
GainLossOnSaleOfNotesReceivable
|
$479.00K | USD | 1 Quarter |
| Unrealized (gain)/loss from commercial mortgage loans, held for sale |
GainLossOnSaleOfNotesReceivable
|
$-939.00K | USD | 1 Quarter |
| Unrealized (gain)/loss from derivative instruments |
ChangeInUnrealizedGainLossOnFairValueHedgingInstruments1
|
$-4.96M | USD | 1 Quarter |
| Unrealized (gain)/loss from derivative instruments |
ChangeInUnrealizedGainLossOnFairValueHedgingInstruments1
|
$2.11M | USD | 1 Quarter |
| Unrealized (gain)/loss from other real estate investments |
ChangeinUnrealizedGainLossOnOtherRealEstateOwned
|
$4.00K | USD | 1 Quarter |
| Unrealized (gain)/loss from other real estate investments |
ChangeinUnrealizedGainLossOnOtherRealEstateOwned
|
$6.00K | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$1.29M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$406.00K | USD | 1 Quarter |
| Provision/(benefit) for credit losses |
ProvisionForLoanLossesExpensed
|
$-955.00K | USD | 1 Quarter |
| Provision/(benefit) for credit losses |
ProvisionForLoanLossesExpensed
|
$-2.33M | USD | 1 Quarter |
| Origination of commercial mortgage loans, held for sale |
PaymentsForOriginationOfMortgageLoansHeldForSale
|
$150.30M | USD | 1 Quarter |
| Origination of commercial mortgage loans, held for sale |
PaymentsForOriginationOfMortgageLoansHeldForSale
|
$166.36M | USD | 1 Quarter |
| Proceeds from sale of commercial mortgage loans, held for sale |
ProceedsFromCollectionOfMortgageLoansHeldForSale
|
$141.37M | USD | 1 Quarter |
| Proceeds from sale of commercial mortgage loans, held for sale |
ProceedsFromCollectionOfMortgageLoansHeldForSale
|
$76.10M | USD | 1 Quarter |
| Accrued interest receivable |
IncreaseDecreaseInAccruedInterestReceivableNet
|
$-7.54M | USD | 1 Quarter |
| Accrued interest receivable |
IncreaseDecreaseInAccruedInterestReceivableNet
|
$-308.00K | USD | 1 Quarter |
| Prepaid expenses and other assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$-1.85M | USD | 1 Quarter |
| Prepaid expenses and other assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$5.81M | USD | 1 Quarter |
| Accounts payable and accrued expenses |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$1.57M | USD | 1 Quarter |
| Accounts payable and accrued expenses |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$239.00K | USD | 1 Quarter |
| Due to affiliates |
IncreaseDecreaseInDueToAffiliates
|
$952.00K | USD | 1 Quarter |
| Due to affiliates |
IncreaseDecreaseInDueToAffiliates
|
$4.36M | USD | 1 Quarter |
| Interest payable |
IncreaseDecreaseInInterestPayableNet
|
$617.00K | USD | 1 Quarter |
| Interest payable |
IncreaseDecreaseInInterestPayableNet
|
$-664.00K | USD | 1 Quarter |
| Net cash (used in)/provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$4.45M | USD | 1 Quarter |
| Net cash (used in)/provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-32.29M | USD | 1 Quarter |
| Origination and purchase of commercial mortgage loans, held for investment |
PaymentsToAcquireFinanceReceivables
|
$520.85M | USD | 1 Quarter |
| Origination and purchase of commercial mortgage loans, held for investment |
PaymentsToAcquireFinanceReceivables
|
$636.47M | USD | 1 Quarter |
| Principal repayments received on commercial mortgage loans, held for investment |
ProceedsFromCollectionOfLoansReceivable
|
$52.80M | USD | 1 Quarter |
| Principal repayments received on commercial mortgage loans, held for investment |
ProceedsFromCollectionOfLoansReceivable
|
$330.13M | USD | 1 Quarter |
| Proceeds from (purchase)/sale of other real estate investments |
ProceedsFromSaleOfOtherRealEstate
|
- | USD | 1 Quarter |
| Proceeds from (purchase)/sale of other real estate investments |
ProceedsFromSaleOfOtherRealEstate
|
$2.04M | USD | 1 Quarter |
| Proceeds from sale/repayment of real estate securities |
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
$2.19B | USD | 1 Quarter |
| Proceeds from sale/repayment of real estate securities |
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
$159.25M | USD | 1 Quarter |
| Principal collateral on mortgage investments |
ProceedsFromPrincipalCollateralOnMortgageInvestments
|
$376.86M | USD | 1 Quarter |
| Principal collateral on mortgage investments |
ProceedsFromPrincipalCollateralOnMortgageInvestments
|
- | USD | 1 Quarter |
| Proceeds from (purchase)/sale of derivative instruments |
PaymentsForProceedsFromDerivativeInstrumentInvestingActivities
|
$-973.00K | USD | 1 Quarter |
| Proceeds from (purchase)/sale of derivative instruments |
PaymentsForProceedsFromDerivativeInstrumentInvestingActivities
|
$-148.00K | USD | 1 Quarter |
| Net cash (used in)/provided by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-307.82M | USD | 1 Quarter |
| Net cash (used in)/provided by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$2.26B | USD | 1 Quarter |
| Proceeds from issuances of redeemable convertible preferred stock |
ProceedsFromIssuanceOfConvertiblePreferredStock
|
$15.00M | USD | 1 Quarter |
| Proceeds from issuances of redeemable convertible preferred stock |
ProceedsFromIssuanceOfConvertiblePreferredStock
|
- | USD | 1 Quarter |
| Common stock repurchases |
PaymentsForRepurchaseOfCommonStock
|
$9.15M | USD | 1 Quarter |
| Common stock repurchases |
PaymentsForRepurchaseOfCommonStock
|
- | USD | 1 Quarter |
| Borrowings on collateralized loan obligations |
ProceedsFromIssuanceOfSecuredDebt
|
$960.00M | USD | 1 Quarter |
| Borrowings on collateralized loan obligations |
ProceedsFromIssuanceOfSecuredDebt
|
$573.12M | USD | 1 Quarter |
| Repayments of collateralized loan obligations |
RepaymentsOfSecuredDebt
|
$119.42M | USD | 1 Quarter |
| Repayments of collateralized loan obligations |
RepaymentsOfSecuredDebt
|
$235.14M | USD | 1 Quarter |
| Borrowings on repurchase agreements - commercial mortgage loans |
ProceedsFromSecuritiesPurchasedUnderAgreementsToResellLoansReceivable
|
$168.66M | USD | 1 Quarter |
| Borrowings on repurchase agreements - commercial mortgage loans |
ProceedsFromSecuritiesPurchasedUnderAgreementsToResellLoansReceivable
|
$474.47M | USD | 1 Quarter |
| Repayments of repurchase agreements - commercial mortgage loans |
PaymentsFromSecuritiesPurchasedUnderAgreementsToResellLoansReceivable
|
$292.07M | USD | 1 Quarter |
| Repayments of repurchase agreements - commercial mortgage loans |
PaymentsFromSecuritiesPurchasedUnderAgreementsToResellLoansReceivable
|
$971.18M | USD | 1 Quarter |
| Borrowings on repurchase agreements - real estate securities |
ProceedsFromRealEstateSecurityRepurchaseAgreements
|
$11.94B | USD | 1 Quarter |
| Borrowings on repurchase agreements - real estate securities |
ProceedsFromRealEstateSecurityRepurchaseAgreements
|
$168.55M | USD | 1 Quarter |
| Repayments of repurchase agreements - real estate securities |
PaymentsForRealEstateSecurityRepurchaseAgreements
|
$14.40B | USD | 1 Quarter |
| Repayments of repurchase agreements - real estate securities |
PaymentsForRealEstateSecurityRepurchaseAgreements
|
$267.11M | USD | 1 Quarter |
| Proceeds from other financing and loan participation - commercial mortgage loans |
ProceedsFromOtherDebt
|
$2.30M | USD | 1 Quarter |
| Proceeds from other financing and loan participation - commercial mortgage loans |
ProceedsFromOtherDebt
|
$2.64M | USD | 1 Quarter |
| Borrowings on unsecured debt |
ProceedsFromIssuanceOfUnsecuredDebt
|
- | USD | 1 Quarter |
| Borrowings on unsecured debt |
ProceedsFromIssuanceOfUnsecuredDebt
|
$100.00M | USD | 1 Quarter |
| Repayments of unsecured debt |
RepaymentsOfUnsecuredDebt
|
$50.00M | USD | 1 Quarter |
| Repayments of unsecured debt |
RepaymentsOfUnsecuredDebt
|
- | USD | 1 Quarter |
| Payments of deferred financing costs |
PaymentsOfFinancingCosts
|
$3.94M | USD | 1 Quarter |
| Payments of deferred financing costs |
PaymentsOfFinancingCosts
|
$3.60M | USD | 1 Quarter |
| Cash collateral received on interest rate swaps |
ProceedsFromCashCollateralReceivedOnDerivativeInstruments
|
$47.66M | USD | 1 Quarter |
| Cash collateral received on interest rate swaps |
ProceedsFromCashCollateralReceivedOnDerivativeInstruments
|
- | USD | 1 Quarter |
| Proceeds from interest rate swap settlements |
ProceedsFromDerivativeInstrumentFinancingActivities
|
$744.00K | USD | 1 Quarter |
| Proceeds from interest rate swap settlements |
ProceedsFromDerivativeInstrumentFinancingActivities
|
- | USD | 1 Quarter |
| Distributions paid |
PaymentsOfDividends
|
$14.14M | USD | 1 Quarter |
| Distributions paid |
PaymentsOfDividends
|
$30.25M | USD | 1 Quarter |
| Net cash (used in)/provided by financing activities: |
NetCashProvidedByUsedInFinancingActivities
|
$322.14M | USD | 1 Quarter |
| Net cash (used in)/provided by financing activities: |
NetCashProvidedByUsedInFinancingActivities
|
$-2.27B | USD | 1 Quarter |
| Net change in cash, cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$18.77M | USD | 1 Quarter |
| Net change in cash, cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-38.67M | USD | 1 Quarter |
| Cash, cash equivalents and restricted cash, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$168.20M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$129.53M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$110.91M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$92.14M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$168.20M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$129.53M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$110.91M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$92.14M | USD | Point-in-time |
| Taxes paid |
IncomeTaxesPaidNet
|
- | USD | 1 Quarter |
| Taxes paid |
IncomeTaxesPaidNet
|
- | USD | 1 Quarter |
| Interest paid |
InterestPaidNet
|
$20.46M | USD | 1 Quarter |
| Interest paid |
InterestPaidNet
|
$10.70M | USD | 1 Quarter |
| Distributions payable |
DividendsPayableCurrentAndNoncurrent
|
$36.73M | USD | Point-in-time |
| Distributions payable |
DividendsPayableCurrentAndNoncurrent
|
$30.35M | USD | Point-in-time |
| Distributions payable |
DividendsPayableCurrentAndNoncurrent
|
$14.59M | USD | Point-in-time |
| Common stock issued through distribution reinvestment plan |
CommonStockIssuedDividendReinvestmentInvestmentPlan
|
$2.58M | USD | 1 Quarter |
| Common stock issued through distribution reinvestment plan |
CommonStockIssuedDividendReinvestmentInvestmentPlan
|
$91.00K | USD | 1 Quarter |
| Real estate owned received in foreclosure |
TransferToOtherRealEstate
|
- | USD | 1 Quarter |
| Real estate owned received in foreclosure |
TransferToOtherRealEstate
|
$37.52M | USD | 1 Quarter |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$99.10M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$154.93M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$117.06M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$12.47M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$11.81M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$13.27M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$168.20M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$129.53M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$110.91M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$92.14M | USD | Point-in-time |
Stockholders Equity
24 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Beginning balance, total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.65B | USD | Point-in-time |
| Beginning balance, total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$798.44M | USD | Point-in-time |
| Beginning balance, total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$814.46M | USD | Point-in-time |
| Beginning balance, total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.71B | USD | Point-in-time |
| Issuance of common stock |
StockIssuedDuringPeriodValueNewIssues
|
- | USD | 1 Quarter |
| Issuance of common stock |
StockIssuedDuringPeriodValueNewIssues
|
- | USD | 1 Quarter |
| Common stock repurchases |
StockRepurchasedDuringPeriodValue
|
- | USD | 1 Quarter |
| Common stock repurchases |
StockRepurchasedDuringPeriodValue
|
$9.15M | USD | 1 Quarter |
| Common stock issued through distribution reinvestment plan |
StockIssuedDuringPeriodValueDividendReinvestmentPlan
|
$91.00K | USD | 1 Quarter |
| Common stock issued through distribution reinvestment plan |
StockIssuedDuringPeriodValueDividendReinvestmentPlan
|
$2.58M | USD | 1 Quarter |
| Share-based compensation |
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
|
$55.00K | USD | 1 Quarter |
| Share-based compensation |
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
|
$500.00K | USD | 1 Quarter |
| Offering costs |
AdjustmentsToAdditionalPaidInCapitalStockIssuedOwnshareLendingArrangementIssuanceCosts
|
$-21.00K | USD | 1 Quarter |
| Offering costs |
AdjustmentsToAdditionalPaidInCapitalStockIssuedOwnshareLendingArrangementIssuanceCosts
|
- | USD | 1 Quarter |
| Net income/(loss) |
NetIncomeLoss
|
$30.15M | USD | 1 Quarter |
| Net income/(loss) |
NetIncomeLoss
|
$-22.51M | USD | 1 Quarter |
| Distributions declared |
Dividends
|
$15.64M | USD | 1 Quarter |
| Distributions declared |
Dividends
|
$36.74M | USD | 1 Quarter |
| Other comprehensive income |
OtherComprehensiveIncomeLossNetOfTax
|
$8.04M | USD | 1 Quarter |
| Other comprehensive income |
OtherComprehensiveIncomeLossNetOfTax
|
$62.00K | USD | 1 Quarter |
| Ending balance, total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.65B | USD | Point-in-time |
| Ending balance, total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$798.44M | USD | Point-in-time |
| Ending balance, total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$814.46M | USD | Point-in-time |
| Ending balance, total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.71B | USD | Point-in-time |
Comprehensive Income
12 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income/(loss) |
NetIncomeLoss
|
$30.15M | USD | 1 Quarter |
| Net income/(loss) |
NetIncomeLoss
|
$-22.51M | USD | 1 Quarter |
| Unrealized gain/(loss) on available for sale securities |
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
$8.04M | USD | 1 Quarter |
| Unrealized gain/(loss) on available for sale securities |
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
- | USD | 1 Quarter |
| Change in net unrealized gain/(loss) |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
|
$-220.00K | USD | 1 Quarter |
| Change in net unrealized gain/(loss) |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
|
- | USD | 1 Quarter |
| Reclassification adjustment for amounts included in net income/(loss) |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
|
$-282.00K | USD | 1 Quarter |
| Reclassification adjustment for amounts included in net income/(loss) |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
|
- | USD | 1 Quarter |
| Total unrealized gain (loss) |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
|
$62.00K | USD | 1 Quarter |
| Total unrealized gain (loss) |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
|
- | USD | 1 Quarter |
| Comprehensive income/(loss) attributable to Franklin BSP Realty Trust, Inc. |
ComprehensiveIncomeNetOfTax
|
$38.19M | USD | 1 Quarter |
| Comprehensive income/(loss) attributable to Franklin BSP Realty Trust, Inc. |
ComprehensiveIncomeNetOfTax
|
$-22.45M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.