10-K Filing

FRANKLIN BSP REALTY TRUST, INC. CIK: 1562528 FY 2023

Filing Information

Form Type	10-K
Accession Number	`0001562528-24-000008`
Period End Date	20231231
Filing Date	20240226
Fiscal Year	2023
Fiscal Period	FY
XBRL Instance	bsprt-20231231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 90 Income Statement 111 Cash Flow Statement 241 Stockholders Equity 41 Comprehensive Income 27

Balance Sheet 90 line items

Line Item	Tag	Value	Unit	Period
Allowance for credit losses	`FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest`	$47.17M	USD	Point-in-time
Allowance for credit losses	`FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest`	$40.85M	USD	Point-in-time
Pledged assets	`DebtInstrumentCollateralAmount`	$227.61M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$154.93M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$337.60M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$82.07M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$179.31M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$10.07M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$13.27M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$6.09M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$11.17M	USD	Point-in-time
Commercial mortgage loans, held for investment, net of allowance for credit losses of $47,175 and $40,848 as of December 31, 2023 and 2022, respectively	`FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss`	$4.99B	USD	Point-in-time
Commercial mortgage loans, held for investment, net of allowance for credit losses of $47,175 and $40,848 as of December 31, 2023 and 2022, respectively	`FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss`	$5.23B	USD	Point-in-time
Commercial mortgage loans, held for sale, measured at fair value	`MortgagesHeldForSaleFairValueDisclosure`	-	USD	Point-in-time
Commercial mortgage loans, held for sale, measured at fair value	`MortgagesHeldForSaleFairValueDisclosure`	$15.56M	USD	Point-in-time
Real estate securities, trading, measured at fair value (includes pledged assets of $227,610 as of December 31, 2022)	`TradingSecuritiesDebt`	-	USD	Point-in-time
Real estate securities, trading, measured at fair value (includes pledged assets of $227,610 as of December 31, 2022)	`TradingSecuritiesDebt`	$235.73M	USD	Point-in-time
Real estate securities, available for sale, measured at fair value, amortized cost of $243,272 and $220,635 as of December 31, 2023 and 2022, respectively (includes pledged assets of $167,948 and $198,429 as of December 31, 2023 and 2022, respectively)	`DebtSecuritiesAvailableForSaleExcludingAccruedInterest`	$221.03M	USD	Point-in-time
Real estate securities, available for sale, measured at fair value, amortized cost of $243,272 and $220,635 as of December 31, 2023 and 2022, respectively (includes pledged assets of $167,948 and $198,429 as of December 31, 2023 and 2022, respectively)	`DebtSecuritiesAvailableForSaleExcludingAccruedInterest`	$242.57M	USD	Point-in-time
Derivative instruments, measured at fair value	`DerivativeAssets`	-	USD	Point-in-time
Common stock, par value per share (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Derivative instruments, measured at fair value	`DerivativeAssets`	$415.00K	USD	Point-in-time
Common stock, par value per share (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	900.00M	shares	Point-in-time
Receivable for loan repayment	`ReceivablesForLoanRepayment`	$55.17M	USD	Point-in-time
Receivable for loan repayment	`ReceivablesForLoanRepayment`	$42.56M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	900.00M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	299,200.00	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	82.75M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	82.99M	shares	Point-in-time
Accrued interest receivable	`InterestReceivable`	$42.49M	USD	Point-in-time
Accrued interest receivable	`InterestReceivable`	$34.01M	USD	Point-in-time
Common Stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	82.75M	shares	Point-in-time
Common Stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	82.99M	shares	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssets`	$19.21M	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssets`	$15.79M	USD	Point-in-time
Intangible lease asset, net of amortization	`FinanceLeaseRightOfUseAsset`	$42.79M	USD	Point-in-time
Intangible lease asset, net of amortization	`FinanceLeaseRightOfUseAsset`	$54.83M	USD	Point-in-time
Real estate owned, net of depreciation	`RealEstateAcquiredThroughForeclosure`	$127.77M	USD	Point-in-time
Residential mortgage backed securities, principal paydowns, receivable	`ResidentialMortgageBackedSecuritiesPrincipalPaydownsReceivable`	$100.00K	USD	Point-in-time
Real estate owned, net of depreciation	`RealEstateAcquiredThroughForeclosure`	$115.83M	USD	Point-in-time
Residential mortgage backed securities, principal paydowns, receivable	`ResidentialMortgageBackedSecuritiesPrincipalPaydownsReceivable`	-	USD	Point-in-time
Real estate owned, held for sale	`RealEstateHeldforsale`	$103.66M	USD	Point-in-time
Real estate owned, held for sale	`RealEstateHeldforsale`	$36.50M	USD	Point-in-time
Total assets	`Assets`	$6.20B	USD	Point-in-time
Total assets	`Assets`	$9.47B	USD	Point-in-time
Total assets	`Assets`	$5.96B	USD	Point-in-time
Collateralized loan obligations	`SecuredDebt`	$3.57B	USD	Point-in-time
Collateralized loan obligations	`SecuredDebt`	$3.12B	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`	$81.30M	USD	Point-in-time
Unsecured debt	`UnsecuredDebt`	$98.69M	USD	Point-in-time
Derivative instruments, measured at fair value	`DerivativeLiabilities`	-	USD	Point-in-time
Derivative instruments, measured at fair value	`DerivativeLiabilities`	$64.00K	USD	Point-in-time
Interest payable	`InterestPayableCurrentAndNoncurrent`	$15.38M	USD	Point-in-time
Interest payable	`InterestPayableCurrentAndNoncurrent`	$12.71M	USD	Point-in-time
Distributions payable	`DividendsPayableCurrentAndNoncurrent`	$36.13M	USD	Point-in-time
Distributions payable	`DividendsPayableCurrentAndNoncurrent`	$30.35M	USD	Point-in-time
Distributions payable	`DividendsPayableCurrentAndNoncurrent`	$36.32M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$13.34M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$17.67M	USD	Point-in-time
Intangible lease liability, held for sale	`FinanceLeaseLiabilityHeldForSale`	$12.30M	USD	Point-in-time
Intangible lease liability, held for sale	`FinanceLeaseLiabilityHeldForSale`	-	USD	Point-in-time
Intangible lease liability, net of amortization	`FinanceLeaseLiabilityHeldForInvestment`	-	USD	Point-in-time
Intangible lease liability, net of amortization	`FinanceLeaseLiabilityHeldForInvestment`	$6.43M	USD	Point-in-time
Total liabilities	`Liabilities`	$4.28B	USD	Point-in-time
Total liabilities	`Liabilities`	$4.53B	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Total redeemable convertible preferred stock	`ConvertiblePreferredStockNonredeemableOrRedeemableIssuerOptionValue`	$94.75M	USD	Point-in-time
Total redeemable convertible preferred stock	`ConvertiblePreferredStockNonredeemableOrRedeemableIssuerOptionValue`	$89.75M	USD	Point-in-time
Common stock, $0.01 par value, 900,000,000 shares authorized, 82,751,913 and 82,992,784 issued and outstanding as of December 31, 2023 and 2022, respectively	`CommonStockValue`	$820.00K	USD	Point-in-time
Common stock, $0.01 par value, 900,000,000 shares authorized, 82,751,913 and 82,992,784 issued and outstanding as of December 31, 2023 and 2022, respectively	`CommonStockValue`	$826.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.60B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.60B	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-703.00K	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$390.00K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-299.23M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-298.94M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.56B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.56B	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$15.41M	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$27.09M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.59B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.58B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.71B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$798.44M	USD	Point-in-time
Total liabilities, redeemable convertible preferred stock and equity	`LiabilitiesAndStockholdersEquity`	$6.20B	USD	Point-in-time
Total liabilities, redeemable convertible preferred stock and equity	`LiabilitiesAndStockholdersEquity`	$5.96B	USD	Point-in-time

Income Statement 111 line items

Line Item	Tag	Value	Unit	Period
Interest income	`InterestAndDividendIncomeOperating`	$357.70M	USD	Annual
Interest income	`InterestAndDividendIncomeOperating`	$552.51M	USD	Annual
Interest income	`InterestAndDividendIncomeOperating`	$216.89M	USD	Annual
Less: Interest expense	`InterestExpenseDeposits`	$160.53M	USD	Annual
Less: Interest expense	`InterestExpenseDeposits`	$56.19M	USD	Annual
Less: Interest expense	`InterestExpenseDeposits`	$305.58M	USD	Annual
Net interest income	`InterestIncomeExpenseNet`	$160.70M	USD	Annual
Net interest income	`InterestIncomeExpenseNet`	$246.93M	USD	Annual
Net interest income	`InterestIncomeExpenseNet`	$197.18M	USD	Annual
Revenue from real estate owned	`RevenueFromContractWithCustomerExcludingAssessedTax`	$4.76M	USD	Annual
Revenue from real estate owned	`RevenueFromContractWithCustomerExcludingAssessedTax`	$17.02M	USD	Annual
Revenue from real estate owned	`RevenueFromContractWithCustomerExcludingAssessedTax`	$9.65M	USD	Annual
Total income	`Revenues`	$206.83M	USD	Annual
Total income	`Revenues`	$263.95M	USD	Annual
Total income	`Revenues`	$165.46M	USD	Annual
Asset management and subordinated performance fee	`AssetManagementAndSubordinatedPerformanceFees`	$28.11M	USD	Annual
Asset management and subordinated performance fee	`AssetManagementAndSubordinatedPerformanceFees`	$26.16M	USD	Annual
Asset management and subordinated performance fee	`AssetManagementAndSubordinatedPerformanceFees`	$33.85M	USD	Annual
Acquisition expenses	`BusinessCombinationAcquisitionRelatedCosts`	$1.24M	USD	Annual
Acquisition expenses	`BusinessCombinationAcquisitionRelatedCosts`	$1.20M	USD	Annual
Acquisition expenses	`BusinessCombinationAcquisitionRelatedCosts`	$1.36M	USD	Annual
Administrative services expenses	`GeneralAndAdministrativeExpense`	$12.93M	USD	Annual
Administrative services expenses	`GeneralAndAdministrativeExpense`	$14.44M	USD	Annual
Administrative services expenses	`GeneralAndAdministrativeExpense`	$7.66M	USD	Annual
Impairment of acquired assets	`AssetAcquisitionImpairment`	-	USD	Annual
Impairment of acquired assets	`AssetAcquisitionImpairment`	-	USD	Annual
Impairment of acquired assets	`AssetAcquisitionImpairment`	$88.28M	USD	Annual
Professional fees	`ProfessionalFees`	$11.65M	USD	Annual
Professional fees	`ProfessionalFees`	$15.27M	USD	Annual
Professional fees	`ProfessionalFees`	$22.57M	USD	Annual
Share-based compensation	`AllocatedShareBasedCompensationExpense`	$2.52M	USD	Annual
Share-based compensation	`AllocatedShareBasedCompensationExpense`	$4.76M	USD	Annual
Share-based compensation	`AllocatedShareBasedCompensationExpense`	-	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$7.13M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$5.41M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$2.11M	USD	Annual
Other expenses	`OtherGeneralExpense`	$6.57M	USD	Annual
Other expenses	`OtherGeneralExpense`	$3.95M	USD	Annual
Other expenses	`OtherGeneralExpense`	$11.13M	USD	Annual
Total expenses	`OperatingExpenses`	$87.82M	USD	Annual
Total expenses	`OperatingExpenses`	$142.96M	USD	Annual
Total expenses	`OperatingExpenses`	$77.51M	USD	Annual
(Provision)/benefit for credit losses	`FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal`	$33.74M	USD	Annual
(Provision)/benefit for credit losses	`FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal`	$-5.19M	USD	Annual
(Provision)/benefit for credit losses	`FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal`	$36.12M	USD	Annual
Realized gain/(loss) on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-4.64M	USD	Annual
Realized gain/(loss) on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-5.17M	USD	Annual
Realized gain/(loss) on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$2.20M	USD	Annual
Realized gain/(loss) on sale of available for sale trading securities	`DebtSecuritiesAvailableForSaleRealizedGainLoss`	-	USD	Annual
Realized gain/(loss) on sale of available for sale trading securities	`DebtSecuritiesAvailableForSaleRealizedGainLoss`	-	USD	Annual
Realized gain/(loss) on sale of available for sale trading securities	`DebtSecuritiesAvailableForSaleRealizedGainLoss`	$80.00K	USD	Annual
Realized gain/(loss) on sale of commercial mortgage loans, held for sale	`GainLossOnSaleOfMortgageLoans`	$26.00K	USD	Annual
Realized gain/(loss) on sale of commercial mortgage loans, held for sale	`GainLossOnSaleOfMortgageLoans`	-	USD	Annual
Realized gain/(loss) on sale of commercial mortgage loans, held for sale	`GainLossOnSaleOfMortgageLoans`	$-354.00K	USD	Annual
Realized gain/(loss) on sale of commercial mortgage loans, held for sale, measured at fair value	`GainLossOnSaleOfMortgageLoansFairValueDisclosure`	$2.36M	USD	Annual
Realized gain/(loss) on sale of commercial mortgage loans, held for sale, measured at fair value	`GainLossOnSaleOfMortgageLoansFairValueDisclosure`	$24.21M	USD	Annual
Realized gain/(loss) on sale of commercial mortgage loans, held for sale, measured at fair value	`GainLossOnSaleOfMortgageLoansFairValueDisclosure`	$3.87M	USD	Annual
Gain/(loss) on other real estate investments	`GainLossOnOtherRealEstateOwnedFairValueDisclosure`	$-7.09M	USD	Annual
Gain/(loss) on other real estate investments	`GainLossOnOtherRealEstateOwnedFairValueDisclosure`	$-692.00K	USD	Annual
Gain/(loss) on other real estate investments	`GainLossOnOtherRealEstateOwnedFairValueDisclosure`	$9.79M	USD	Annual
Unrealized gain/(loss) on commercial mortgage loans, held for sale, measured at fair value	`UnrealizedGainLossOnSaleOfMortgageLoansFairValueDisclosure`	$-511.00K	USD	Annual
Unrealized gain/(loss) on commercial mortgage loans, held for sale, measured at fair value	`UnrealizedGainLossOnSaleOfMortgageLoansFairValueDisclosure`	$469.00K	USD	Annual
Unrealized gain/(loss) on commercial mortgage loans, held for sale, measured at fair value	`UnrealizedGainLossOnSaleOfMortgageLoansFairValueDisclosure`	$44.00K	USD	Annual
Trading gain/(loss)	`TradingGainsLosses`	$-605.00K	USD	Annual
Trading gain/(loss)	`TradingGainsLosses`	$-119.22M	USD	Annual
Trading gain/(loss)	`TradingGainsLosses`	$-36.13M	USD	Annual
Unrealized gain/(loss) on derivatives	`UnrealizedGainLossOnDerivatives`	$-140.00K	USD	Annual
Unrealized gain/(loss) on derivatives	`UnrealizedGainLossOnDerivatives`	$7.40M	USD	Annual
Unrealized gain/(loss) on derivatives	`UnrealizedGainLossOnDerivatives`	$-15.84M	USD	Annual
Realized gain/(loss) on derivatives	`GainLossOnDerivativeInstrumentsNetPretax`	$998.00K	USD	Annual
Realized gain/(loss) on derivatives	`GainLossOnDerivativeInstrumentsNetPretax`	$60.03M	USD	Annual
Realized gain/(loss) on derivatives	`GainLossOnDerivativeInstrumentsNetPretax`	$484.00K	USD	Annual
Total other income/(loss)	`NonoperatingIncomeExpense`	$-115.51M	USD	Annual
Total other income/(loss)	`NonoperatingIncomeExpense`	$-34.38M	USD	Annual
Total other income/(loss)	`NonoperatingIncomeExpense`	$6.80M	USD	Annual
Income/(loss) before taxes	`IncomeLossIncludingPortionAttributableToNoncontrollingInterest`	$29.30M	USD	Annual
Income/(loss) before taxes	`IncomeLossIncludingPortionAttributableToNoncontrollingInterest`	$141.75M	USD	Annual
Income/(loss) before taxes	`IncomeLossIncludingPortionAttributableToNoncontrollingInterest`	$13.82M	USD	Annual
(Provision)/benefit for income tax	`IncomeTaxExpenseBenefit`	$-2.76M	USD	Annual
(Provision)/benefit for income tax	`IncomeTaxExpenseBenefit`	$3.60M	USD	Annual
(Provision)/benefit for income tax	`IncomeTaxExpenseBenefit`	$-399.00K	USD	Annual
Net income/(loss)	`ProfitLoss`	$14.21M	USD	Annual
Net income/(loss)	`ProfitLoss`	$25.70M	USD	Annual
Net income/(loss)	`ProfitLoss`	$144.51M	USD	Annual
Net (income)/loss attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	Annual
Net (income)/loss attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-706.00K	USD	Annual
Net (income)/loss attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-216.00K	USD	Annual
Net income/(loss) attributable to Franklin BSP Realty Trust, Inc.	`NetIncomeLoss`	$25.70M	USD	Annual
Net income/(loss) attributable to Franklin BSP Realty Trust, Inc.	`NetIncomeLoss`	$145.22M	USD	Annual
Net income/(loss) attributable to Franklin BSP Realty Trust, Inc.	`NetIncomeLoss`	$14.43M	USD	Annual
Less: Preferred stock dividends	`DividendsPreferredStock`	$41.74M	USD	Annual
Less: Preferred stock dividends	`DividendsPreferredStock`	$33.59M	USD	Annual
Less: Preferred stock dividends	`DividendsPreferredStock`	$26.99M	USD	Annual
Net income/(loss) attributable to common stock, basic	`NetIncomeLossAvailableToCommonStockholdersBasicIncludingUndistributedEarningsLossAllocatedToParticipatingSecurities`	$118.22M	USD	Annual
Net income/(loss) attributable to common stock, basic	`NetIncomeLossAvailableToCommonStockholdersBasicIncludingUndistributedEarningsLossAllocatedToParticipatingSecurities`	$-27.31M	USD	Annual
Net income/(loss) attributable to common stock, basic	`NetIncomeLossAvailableToCommonStockholdersBasicIncludingUndistributedEarningsLossAllocatedToParticipatingSecurities`	$-7.88M	USD	Annual
Net income/(loss) attributable to common stock, diluted	`NetIncomeLossAvailableToCommonStockholdersDilutedIncludingUndistributedEarningsLossAllocatedToParticipatingSecurities`	$118.22M	USD	Annual
Net income/(loss) attributable to common stock, diluted	`NetIncomeLossAvailableToCommonStockholdersDilutedIncludingUndistributedEarningsLossAllocatedToParticipatingSecurities`	$-7.88M	USD	Annual
Net income/(loss) attributable to common stock, diluted	`NetIncomeLossAvailableToCommonStockholdersDilutedIncludingUndistributedEarningsLossAllocatedToParticipatingSecurities`	$-27.31M	USD	Annual
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$1.42	USD	Annual
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$-0.18	USD	Annual
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$-0.38	USD	Annual
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$-0.18	USD	Annual
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$1.42	USD	Annual
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$-0.38	USD	Annual
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	82.31M	shares	Annual
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	43.42M	shares	Annual
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	71.63M	shares	Annual
Weighted-average common shares outstanding for diluted earnings per share (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	82.31M	shares	Annual
Weighted-average common shares outstanding for diluted earnings per share (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	43.43M	shares	Annual
Weighted-average common shares outstanding for diluted earnings per share (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	71.63M	shares	Annual

Cash Flow Statement 241 line items

Line Item	Tag	Value	Unit	Period
Net income/(loss)	`ProfitLoss`	$14.21M	USD	Annual
Net income/(loss)	`ProfitLoss`	$25.70M	USD	Annual
Net income/(loss)	`ProfitLoss`	$144.51M	USD	Annual
Premium amortization and (discount accretion), net	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$13.07M	USD	Annual
Premium amortization and (discount accretion), net	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$7.04M	USD	Annual
Premium amortization and (discount accretion), net	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$12.62M	USD	Annual
Accretion of deferred commitment fees	`AmortizationOfDeferredLoanOriginationFeesNet`	$10.14M	USD	Annual
Accretion of deferred commitment fees	`AmortizationOfDeferredLoanOriginationFeesNet`	$9.45M	USD	Annual
Accretion of deferred commitment fees	`AmortizationOfDeferredLoanOriginationFeesNet`	$7.58M	USD	Annual
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$6.31M	USD	Annual
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$7.78M	USD	Annual
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$4.56M	USD	Annual
Share-based compensation	`ShareBasedCompensation`	$4.76M	USD	Annual
Share-based compensation	`ShareBasedCompensation`	$2.52M	USD	Annual
Share-based compensation	`ShareBasedCompensation`	$211.00K	USD	Annual
Realized (gain)/loss from sale of available for sale trading securities	`DebtSecuritiesAvailableForSaleTradingGainLoss`	-	USD	Annual
Realized (gain)/loss from sale of available for sale trading securities	`DebtSecuritiesAvailableForSaleTradingGainLoss`	$80.00K	USD	Annual
Realized (gain)/loss from sale of available for sale trading securities	`DebtSecuritiesAvailableForSaleTradingGainLoss`	-	USD	Annual
(Gain)/loss on other real estate investments	`ChangeinUnrealizedGainLossOnOtherRealEstateOwned`	$9.79M	USD	Annual
(Gain)/loss on other real estate investments	`ChangeinUnrealizedGainLossOnOtherRealEstateOwned`	$-692.00K	USD	Annual
(Gain)/loss on other real estate investments	`ChangeinUnrealizedGainLossOnOtherRealEstateOwned`	$-7.09M	USD	Annual
Realized (gain)/loss from extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-4.64M	USD	Annual
Realized (gain)/loss from extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-5.17M	USD	Annual
Realized (gain)/loss from extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$2.20M	USD	Annual
Realized (gain)/loss on swap terminations	`DerivativeInstrumentGainLossOnTermination`	$616.00K	USD	Annual
Realized (gain)/loss on swap terminations	`DerivativeInstrumentGainLossOnTermination`	$55.30M	USD	Annual
Realized (gain)/loss on swap terminations	`DerivativeInstrumentGainLossOnTermination`	-	USD	Annual
Realized (gain)/loss on sale of commercial mortgage loans, held for sale	`RealizedGainLossOnSaleOfMortgageLoansHeldForSale`	$-354.00K	USD	Annual
Realized (gain)/loss on sale of commercial mortgage loans, held for sale	`RealizedGainLossOnSaleOfMortgageLoansHeldForSale`	$3.87M	USD	Annual
Realized (gain)/loss on sale of commercial mortgage loans, held for sale	`RealizedGainLossOnSaleOfMortgageLoansHeldForSale`	-	USD	Annual
Trading (gain)/loss	`DebtSecuritiesTradingGainLoss`	$-605.00K	USD	Annual
Trading (gain)/loss	`DebtSecuritiesTradingGainLoss`	$-36.13M	USD	Annual
Trading (gain)/loss	`DebtSecuritiesTradingGainLoss`	$-119.22M	USD	Annual
Unrealized (gain)/loss on commercial mortgage loans held for sale, measured at fair value	`GainLossOnSaleOfNotesReceivable`	$-511.00K	USD	Annual
Unrealized (gain)/loss on commercial mortgage loans held for sale, measured at fair value	`GainLossOnSaleOfNotesReceivable`	$469.00K	USD	Annual
Unrealized (gain)/loss on commercial mortgage loans held for sale, measured at fair value	`GainLossOnSaleOfNotesReceivable`	$44.00K	USD	Annual
Unrealized (gain)/losses on derivative instruments	`ChangeInUnrealizedGainLossOnFairValueHedgingInstruments1`	$-140.00K	USD	Annual
Unrealized (gain)/losses on derivative instruments	`ChangeInUnrealizedGainLossOnFairValueHedgingInstruments1`	$-15.84M	USD	Annual
Unrealized (gain)/losses on derivative instruments	`ChangeInUnrealizedGainLossOnFairValueHedgingInstruments1`	$7.40M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.11M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$8.41M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$5.33M	USD	Annual
Provision/(benefit) for credit losses	`FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal`	$33.74M	USD	Annual
Provision/(benefit) for credit losses	`FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal`	$-5.19M	USD	Annual
Provision/(benefit) for credit losses	`FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal`	$36.12M	USD	Annual
Origination of commercial mortgage loans, held for sale, measured at fair value	`PaymentsForOriginationOfMortgageLoansHeldForSale`	$102.50M	USD	Annual
Origination of commercial mortgage loans, held for sale, measured at fair value	`PaymentsForOriginationOfMortgageLoansHeldForSale`	$366.69M	USD	Annual
Origination of commercial mortgage loans, held for sale, measured at fair value	`PaymentsForOriginationOfMortgageLoansHeldForSale`	$420.67M	USD	Annual
Proceeds from sale of commercial mortgage loans, held for sale, measured at fair value	`ProceedsFromSaleOfMortgageLoansHeldForSale`	$454.07M	USD	Annual
Proceeds from sale of commercial mortgage loans, held for sale, measured at fair value	`ProceedsFromSaleOfMortgageLoansHeldForSale`	$121.98M	USD	Annual
Proceeds from sale of commercial mortgage loans, held for sale, measured at fair value	`ProceedsFromSaleOfMortgageLoansHeldForSale`	$384.81M	USD	Annual
Severance and deferred compensation	`IncreaseDecreaseInDeferredCompensationAndSeverance`	-	USD	Annual
Severance and deferred compensation	`IncreaseDecreaseInDeferredCompensationAndSeverance`	$-22.17M	USD	Annual
Severance and deferred compensation	`IncreaseDecreaseInDeferredCompensationAndSeverance`	-	USD	Annual
Accrued interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$4.67M	USD	Annual
Accrued interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$906.00K	USD	Annual
Accrued interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$563.00K	USD	Annual
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$3.08M	USD	Annual
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-94.86M	USD	Annual
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$6.88M	USD	Annual
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$3.64M	USD	Annual
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$5.03M	USD	Annual
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-5.08M	USD	Annual
Due to affiliates	`IncreaseDecreaseInDueToAffiliates`	$3.89M	USD	Annual
Due to affiliates	`IncreaseDecreaseInDueToAffiliates`	$8.01M	USD	Annual
Due to affiliates	`IncreaseDecreaseInDueToAffiliates`	$-2.11M	USD	Annual
Interest payable	`IncreaseDecreaseInInterestPayableNet`	$715.00K	USD	Annual
Interest payable	`IncreaseDecreaseInInterestPayableNet`	$10.02M	USD	Annual
Interest payable	`IncreaseDecreaseInInterestPayableNet`	$2.91M	USD	Annual
Net cash (used in)/provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$197.39M	USD	Annual
Net cash (used in)/provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$146.50M	USD	Annual
Net cash (used in)/provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$152.51M	USD	Annual
Cash acquired through merger	`ProceedsFromAssetAcquisitionNet`	$174.08M	USD	Annual
Cash acquired through merger	`ProceedsFromAssetAcquisitionNet`	-	USD	Annual
Cash acquired through merger	`ProceedsFromAssetAcquisitionNet`	-	USD	Annual
Origination and purchase of commercial mortgage loans, held for investment	`PaymentsToAcquireFinanceReceivables`	$936.27M	USD	Annual
Origination and purchase of commercial mortgage loans, held for investment	`PaymentsToAcquireFinanceReceivables`	$2.88B	USD	Annual
Origination and purchase of commercial mortgage loans, held for investment	`PaymentsToAcquireFinanceReceivables`	$2.23B	USD	Annual
Principal repayments received on commercial mortgage loans, held for investment	`ProceedsFromCollectionOfLoansReceivable`	$1.26B	USD	Annual
Principal repayments received on commercial mortgage loans, held for investment	`ProceedsFromCollectionOfLoansReceivable`	$1.07B	USD	Annual
Principal repayments received on commercial mortgage loans, held for investment	`ProceedsFromCollectionOfLoansReceivable`	$1.23B	USD	Annual
Principal repayments received on commercial mortgage loans, held for sale, measured at fair value	`ProceedsFromLoanAndLeaseOriginationsAndPrincipalCollections1`	-	USD	Annual
Principal repayments received on commercial mortgage loans, held for sale, measured at fair value	`ProceedsFromLoanAndLeaseOriginationsAndPrincipalCollections1`	-	USD	Annual
Principal repayments received on commercial mortgage loans, held for sale, measured at fair value	`ProceedsFromLoanAndLeaseOriginationsAndPrincipalCollections1`	$532.00K	USD	Annual
Proceeds from sale of other real estate investments	`ProceedsFromSaleOfOtherRealEstate`	$30.34M	USD	Annual
Proceeds from sale of other real estate investments	`ProceedsFromSaleOfOtherRealEstate`	$39.76M	USD	Annual
Proceeds from sale of other real estate investments	`ProceedsFromSaleOfOtherRealEstate`	$2.04M	USD	Annual
Purchase of real estate owned and capital expenditures	`PaymentsToAcquireRealEstateOwned`	$134.05M	USD	Annual
Purchase of real estate owned and capital expenditures	`PaymentsToAcquireRealEstateOwned`	$663.00K	USD	Annual
Purchase of real estate owned and capital expenditures	`PaymentsToAcquireRealEstateOwned`	$1.15M	USD	Annual
Proceeds from sale of commercial mortgage loans, held for sale	`ProceedsFromSaleOfCommercialMortgageLoansHeldForSale`	$52.62M	USD	Annual
Proceeds from sale of commercial mortgage loans, held for sale	`ProceedsFromSaleOfCommercialMortgageLoansHeldForSale`	-	USD	Annual
Proceeds from sale of commercial mortgage loans, held for sale	`ProceedsFromSaleOfCommercialMortgageLoansHeldForSale`	$9.34M	USD	Annual
Purchase of real estate securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$220.63M	USD	Annual
Purchase of real estate securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$223.77M	USD	Annual
Purchase of real estate securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	-	USD	Annual
Proceeds from sale of real estate securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$418.79M	USD	Annual
Proceeds from sale of real estate securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$3.73B	USD	Annual
Proceeds from sale of real estate securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$2.06B	USD	Annual
Principal collateral on mortgage investments	`ProceedsFromPrincipalCollateralOnMortgageInvestments`	$17.70M	USD	Annual
Principal collateral on mortgage investments	`ProceedsFromPrincipalCollateralOnMortgageInvestments`	$545.42M	USD	Annual
Principal collateral on mortgage investments	`ProceedsFromPrincipalCollateralOnMortgageInvestments`	$541.31M	USD	Annual
Proceeds from sale/(purchase) of derivative instruments	`PaymentsForProceedsFromDerivativeInstrumentInvestingActivities`	$-1.24M	USD	Annual
Proceeds from sale/(purchase) of derivative instruments	`PaymentsForProceedsFromDerivativeInstrumentInvestingActivities`	$1.17M	USD	Annual
Proceeds from sale/(purchase) of derivative instruments	`PaymentsForProceedsFromDerivativeInstrumentInvestingActivities`	$-211.00K	USD	Annual
Net cash (used in)/provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$3.10B	USD	Annual
Net cash (used in)/provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$1.07B	USD	Annual
Net cash (used in)/provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$380.81M	USD	Annual
Cash consideration paid in merger	`PaymentsOfMergerRelatedCostsFinancingActivities`	-	USD	Annual
Cash consideration paid in merger	`PaymentsOfMergerRelatedCostsFinancingActivities`	-	USD	Annual
Cash consideration paid in merger	`PaymentsOfMergerRelatedCostsFinancingActivities`	$20.48M	USD	Annual
Proceeds from issuances of redeemable convertible preferred stock	`ProceedsFromIssuanceOfConvertiblePreferredStock`	-	USD	Annual
Proceeds from issuances of redeemable convertible preferred stock	`ProceedsFromIssuanceOfConvertiblePreferredStock`	$15.00M	USD	Annual
Proceeds from issuances of redeemable convertible preferred stock	`ProceedsFromIssuanceOfConvertiblePreferredStock`	-	USD	Annual
Payments for common stock repurchases	`PaymentsForRepurchaseOfCommonStock`	$16.58M	USD	Annual
Payments for common stock repurchases	`PaymentsForRepurchaseOfCommonStock`	$12.51M	USD	Annual
Payments for common stock repurchases	`PaymentsForRepurchaseOfCommonStock`	$11.42M	USD	Annual
Shares cancelled for tax withholding on vested equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	-	USD	Annual
Shares cancelled for tax withholding on vested equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	-	USD	Annual
Shares cancelled for tax withholding on vested equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$812.00K	USD	Annual
Payments of offering costs	`PaymentsOfStockIssuanceCosts`	-	USD	Annual
Payments of offering costs	`PaymentsOfStockIssuanceCosts`	-	USD	Annual
Payments of offering costs	`PaymentsOfStockIssuanceCosts`	$269.00K	USD	Annual
Borrowings on collateralized loan obligations	`ProceedsFromIssuanceOfSecuredDebt`	$1.41B	USD	Annual
Borrowings on collateralized loan obligations	`ProceedsFromIssuanceOfSecuredDebt`	$1.63B	USD	Annual
Borrowings on collateralized loan obligations	`ProceedsFromIssuanceOfSecuredDebt`	$689.29M	USD	Annual
Repayments of collateralized loan obligations	`RepaymentsOfSecuredDebt`	$241.22M	USD	Annual
Repayments of collateralized loan obligations	`RepaymentsOfSecuredDebt`	$662.41M	USD	Annual
Repayments of collateralized loan obligations	`RepaymentsOfSecuredDebt`	$869.89M	USD	Annual
Borrowings on repurchase agreements and revolving credit facilities - commercial mortgage loans	`ProceedsFromSecuritiesPurchasedUnderAgreementsToResellLoansReceivable`	$1.87B	USD	Annual
Borrowings on repurchase agreements and revolving credit facilities - commercial mortgage loans	`ProceedsFromSecuritiesPurchasedUnderAgreementsToResellLoansReceivable`	$1.92B	USD	Annual
Borrowings on repurchase agreements and revolving credit facilities - commercial mortgage loans	`ProceedsFromSecuritiesPurchasedUnderAgreementsToResellLoansReceivable`	$600.16M	USD	Annual
Repayments of repurchase agreements and revolving credit facilities - commercial mortgage loans	`PaymentsFromSecuritiesPurchasedUnderAgreementsToResellLoansReceivable`	$981.32M	USD	Annual
Repayments of repurchase agreements and revolving credit facilities - commercial mortgage loans	`PaymentsFromSecuritiesPurchasedUnderAgreementsToResellLoansReceivable`	$2.26B	USD	Annual
Repayments of repurchase agreements and revolving credit facilities - commercial mortgage loans	`PaymentsFromSecuritiesPurchasedUnderAgreementsToResellLoansReceivable`	$1.13B	USD	Annual
Borrowings on repurchase agreements - real estate securities	`ProceedsFromRealEstateSecurityRepurchaseAgreements`	$18.46B	USD	Annual
Borrowings on repurchase agreements - real estate securities	`ProceedsFromRealEstateSecurityRepurchaseAgreements`	$13.55B	USD	Annual
Borrowings on repurchase agreements - real estate securities	`ProceedsFromRealEstateSecurityRepurchaseAgreements`	$870.01M	USD	Annual
Repayments of repurchase agreements - real estate securities	`PaymentsForRealEstateSecurityRepurchaseAgreements`	$22.20B	USD	Annual
Repayments of repurchase agreements - real estate securities	`PaymentsForRealEstateSecurityRepurchaseAgreements`	$1.14B	USD	Annual
Repayments of repurchase agreements - real estate securities	`PaymentsForRealEstateSecurityRepurchaseAgreements`	$15.98B	USD	Annual
Borrowings on other financings	`ProceedsFromOtherDebt`	$59.71M	USD	Annual
Borrowings on other financings	`ProceedsFromOtherDebt`	$6.52M	USD	Annual
Borrowings on other financings	`ProceedsFromOtherDebt`	$38.54M	USD	Annual
Repayments on other financings	`RepaymentsOfOtherDebt`	-	USD	Annual
Repayments on other financings	`RepaymentsOfOtherDebt`	$99.47M	USD	Annual
Repayments on other financings	`RepaymentsOfOtherDebt`	$139.00K	USD	Annual
Borrowings on unsecured debt	`ProceedsFromIssuanceOfUnsecuredDebt`	-	USD	Annual
Borrowings on unsecured debt	`ProceedsFromIssuanceOfUnsecuredDebt`	$210.00M	USD	Annual
Borrowings on unsecured debt	`ProceedsFromIssuanceOfUnsecuredDebt`	-	USD	Annual
Repayments of unsecured debt	`RepaymentsOfUnsecuredDebt`	$50.00M	USD	Annual
Repayments of unsecured debt	`RepaymentsOfUnsecuredDebt`	$160.00M	USD	Annual
Repayments of unsecured debt	`RepaymentsOfUnsecuredDebt`	$13.37M	USD	Annual
Borrowing on mortgage note payable	`ProceedsFromNotesPayable`	-	USD	Annual
Borrowing on mortgage note payable	`ProceedsFromNotesPayable`	$23.94M	USD	Annual
Borrowing on mortgage note payable	`ProceedsFromNotesPayable`	-	USD	Annual
Payments of deferred financing costs	`PaymentsOfFinancingCosts`	$9.29M	USD	Annual
Payments of deferred financing costs	`PaymentsOfFinancingCosts`	$15.23M	USD	Annual
Payments of deferred financing costs	`PaymentsOfFinancingCosts`	$12.90M	USD	Annual
Cash collateral received on interest rate swaps	`ProceedsFromCashCollateralReceivedOnDerivativeInstruments`	$56.77M	USD	Annual
Cash collateral received on interest rate swaps	`ProceedsFromCashCollateralReceivedOnDerivativeInstruments`	$11.14M	USD	Annual
Cash collateral received on interest rate swaps	`ProceedsFromCashCollateralReceivedOnDerivativeInstruments`	-	USD	Annual
Proceeds from interest rate swap settlements	`ProceedsFromDerivativeInstrumentFinancingActivities`	$8.48M	USD	Annual
Proceeds from interest rate swap settlements	`ProceedsFromDerivativeInstrumentFinancingActivities`	$9.12M	USD	Annual
Proceeds from interest rate swap settlements	`ProceedsFromDerivativeInstrumentFinancingActivities`	-	USD	Annual
Distributions to non-controlling interest	`PaymentsToMinorityShareholders`	$1.99M	USD	Annual
Distributions to non-controlling interest	`PaymentsToMinorityShareholders`	-	USD	Annual
Distributions to non-controlling interest	`PaymentsToMinorityShareholders`	$745.00K	USD	Annual
Contributions from non-controlling interest	`ProceedsFromMinorityShareholders`	$125.00K	USD	Annual
Contributions from non-controlling interest	`ProceedsFromMinorityShareholders`	-	USD	Annual
Contributions from non-controlling interest	`ProceedsFromMinorityShareholders`	-	USD	Annual
Distributions paid to common and preferred stockholders	`PaymentsOfDividends`	$139.41M	USD	Annual
Distributions paid to common and preferred stockholders	`PaymentsOfDividends`	$144.35M	USD	Annual
Distributions paid to common and preferred stockholders	`PaymentsOfDividends`	$67.95M	USD	Annual
Net cash (used in)/provided by financing activities:	`NetCashProvidedByUsedInFinancingActivities`	$-3.23B	USD	Annual
Net cash (used in)/provided by financing activities:	`NetCashProvidedByUsedInFinancingActivities`	$-1.14B	USD	Annual
Net cash (used in)/provided by financing activities:	`NetCashProvidedByUsedInFinancingActivities`	$-424.99M	USD	Annual
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$76.06M	USD	Annual
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$153.20M	USD	Annual
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$22.29M	USD	Annual
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$190.49M	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, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$343.69M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$168.20M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$190.49M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$92.14M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$343.69M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$168.20M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$154.93M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$337.60M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$82.07M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$179.31M	USD	Point-in-time
Restricted cash, beginning of period	`RestrictedCashAndCashEquivalents`	$10.07M	USD	Point-in-time
Restricted cash, beginning of period	`RestrictedCashAndCashEquivalents`	$13.27M	USD	Point-in-time
Restricted cash, beginning of period	`RestrictedCashAndCashEquivalents`	$6.09M	USD	Point-in-time
Restricted cash, beginning of period	`RestrictedCashAndCashEquivalents`	$11.17M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$154.93M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$337.60M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$82.07M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$179.31M	USD	Point-in-time
Restricted cash, end of period	`RestrictedCashAndCashEquivalents`	$10.07M	USD	Point-in-time
Restricted cash, end of period	`RestrictedCashAndCashEquivalents`	$13.27M	USD	Point-in-time
Restricted cash, end of period	`RestrictedCashAndCashEquivalents`	$6.09M	USD	Point-in-time
Restricted cash, end of period	`RestrictedCashAndCashEquivalents`	$11.17M	USD	Point-in-time
Cash, cash equivalents and restricted cash,	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$190.49M	USD	Point-in-time
Cash, cash equivalents and restricted cash,	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$92.14M	USD	Point-in-time
Cash, cash equivalents and restricted cash,	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$343.69M	USD	Point-in-time
Cash, cash equivalents and restricted cash,	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$168.20M	USD	Point-in-time
Cash payments for income taxes	`IncomeTaxesPaid`	$1.20M	USD	Annual
Cash payments for income taxes	`IncomeTaxesPaid`	$325.00K	USD	Annual
Cash payments for income taxes	`IncomeTaxesPaid`	$140.00K	USD	Annual
Cash payments for interest	`InterestPaidNet`	$144.19M	USD	Annual
Cash payments for interest	`InterestPaidNet`	$51.05M	USD	Annual
Cash payments for interest	`InterestPaidNet`	$295.13M	USD	Annual
Common stock issued through distribution reinvestment plan	`CommonStockIssuedDividendReinvestmentInvestmentPlan`	$1.96M	USD	Annual
Common stock issued through distribution reinvestment plan	`CommonStockIssuedDividendReinvestmentInvestmentPlan`	$5.11M	USD	Annual
Common stock issued through distribution reinvestment plan	`CommonStockIssuedDividendReinvestmentInvestmentPlan`	$769.00K	USD	Annual
Distribution payable	`DividendsPayableCurrentAndNoncurrent`	$36.13M	USD	Point-in-time
Distribution payable	`DividendsPayableCurrentAndNoncurrent`	$30.35M	USD	Point-in-time
Distribution payable	`DividendsPayableCurrentAndNoncurrent`	$36.32M	USD	Point-in-time
Commercial mortgage loans transferred from held for sale to held for investment	`TransferOfLoansHeldForSaleToPortfolioLoans1`	$9.30M	USD	Annual
Commercial mortgage loans transferred from held for sale to held for investment	`TransferOfLoansHeldForSaleToPortfolioLoans1`	$52.62M	USD	Annual
Commercial mortgage loans transferred from held for sale to held for investment	`TransferOfLoansHeldForSaleToPortfolioLoans1`	-	USD	Annual
Loans transferred to real estate owned	`TransferToOtherRealEstate`	$115.98M	USD	Annual
Loans transferred to real estate owned	`TransferToOtherRealEstate`	$77.31M	USD	Annual
Loans transferred to real estate owned	`TransferToOtherRealEstate`	-	USD	Annual
Reclassification of assets held for investment to held for sale	`ReclassificationOfAssetsHeldForInvestmentToHeldForSale`	-	USD	Annual
Reclassification of assets held for investment to held for sale	`ReclassificationOfAssetsHeldForInvestmentToHeldForSale`	-	USD	Annual
Reclassification of assets held for investment to held for sale	`ReclassificationOfAssetsHeldForInvestmentToHeldForSale`	$114.51M	USD	Annual
Reclassification of liabilities held for investment to held for sale	`ReclassificationOfLiabilitiesHeldForInvestmentToHeldForSale`	-	USD	Annual
Reclassification of liabilities held for investment to held for sale	`ReclassificationOfLiabilitiesHeldForInvestmentToHeldForSale`	-	USD	Annual
Reclassification of liabilities held for investment to held for sale	`ReclassificationOfLiabilitiesHeldForInvestmentToHeldForSale`	$13.66M	USD	Annual
Issuances of common stock due to merger	`StockIssuedMergerCommonStock`	$579.53M	USD	Annual
Issuances of common stock due to merger	`StockIssuedMergerCommonStock`	-	USD	Annual
Issuances of common stock due to merger	`StockIssuedMergerCommonStock`	-	USD	Annual
Unsecured debt assumed due to merger	`NoncashOrPartNoncashAcquisitionDebtAssumed1`	$98.57M	USD	Annual
Unsecured debt assumed due to merger	`NoncashOrPartNoncashAcquisitionDebtAssumed1`	-	USD	Annual
Unsecured debt assumed due to merger	`NoncashOrPartNoncashAcquisitionDebtAssumed1`	-	USD	Annual
Exchange of preferred stock	`ReverseStockSplit`	$710.43M	USD	Annual
Exchange of preferred stock	`ReverseStockSplit`	$94.75M	USD	Annual
Exchange of preferred stock	`ReverseStockSplit`	-	USD	Annual

Stockholders Equity 41 line items

Line Item	Tag	Value	Unit	Period
Beginning balance (in shares)	`CommonStockSharesOutstanding`	82.75M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	82.99M	shares	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.59B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.58B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.71B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$798.44M	USD	Point-in-time
Common stock repurchases	`StockRepurchasedDuringPeriodValue`	$12.51M	USD	Annual
Common stock repurchases	`StockRepurchasedDuringPeriodValue`	$16.58M	USD	Annual
Common stock repurchases	`StockRepurchasedDuringPeriodValue`	$11.42M	USD	Annual
Common stock issued through distribution reinvestment plan	`StockIssuedDuringPeriodValueDividendReinvestmentPlan`	$5.11M	USD	Annual
Common stock issued through distribution reinvestment plan	`StockIssuedDuringPeriodValueDividendReinvestmentPlan`	$769.00K	USD	Annual
Common stock issued through distribution reinvestment plan	`StockIssuedDuringPeriodValueDividendReinvestmentPlan`	$1.00M	USD	Annual
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$2.52M	USD	Annual
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$211.00K	USD	Annual
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$4.76M	USD	Annual
Common stock exchanged for Series F Preferred Stock	`StockIssuedDuringPeriodValueReverseStockSplits`	$710.43M	USD	Annual
Shares canceled for tax withholding on vested equity rewards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$812.00K	USD	Annual
Offering costs	`AdjustmentsToAdditionalPaidInCapitalStockIssuedOwnshareLendingArrangementIssuanceCosts`	$-91.00K	USD	Annual
Offering costs	`AdjustmentsToAdditionalPaidInCapitalStockIssuedOwnshareLendingArrangementIssuanceCosts`	$-68.00K	USD	Annual
Offering costs	`AdjustmentsToAdditionalPaidInCapitalStockIssuedOwnshareLendingArrangementIssuanceCosts`	$-269.00K	USD	Annual
Net income/(loss) attributable to Franklin BSP Realty Trust, Inc.	`NetIncomeLoss`	$25.70M	USD	Annual
Net income/(loss) attributable to Franklin BSP Realty Trust, Inc.	`NetIncomeLoss`	$145.22M	USD	Annual
Net income/(loss) attributable to Franklin BSP Realty Trust, Inc.	`NetIncomeLoss`	$14.43M	USD	Annual
Net income/(loss) attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	Annual
Net income/(loss) attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-706.00K	USD	Annual
Net income/(loss) attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-216.00K	USD	Annual
Distributions declared	`Dividends`	$146.39M	USD	Annual
Distributions declared	`Dividends`	$144.93M	USD	Annual
Distributions declared	`Dividends`	$86.41M	USD	Annual
Other comprehensive income/(loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-1.09M	USD	Annual
Other comprehensive income/(loss)	`OtherComprehensiveIncomeLossNetOfTax`	$452.00K	USD	Annual
Other comprehensive income/(loss)	`OtherComprehensiveIncomeLossNetOfTax`	$8.19M	USD	Annual
Contributions/(distributions) in non-controlling interest, net	`NoncontrollingInterestNetIncreaseDecrease`	$12.39M	USD	Annual
Contributions/(distributions) in non-controlling interest, net	`NoncontrollingInterestNetIncreaseDecrease`	$5.76M	USD	Annual
Contributions/(distributions) in non-controlling interest, net	`NoncontrollingInterestNetIncreaseDecrease`	$9.43M	USD	Annual
Ending balance (in shares)	`CommonStockSharesOutstanding`	82.75M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	82.99M	shares	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.59B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.58B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.71B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$798.44M	USD	Point-in-time

Comprehensive Income 27 line items

Line Item	Tag	Value	Unit	Period
Net income/(loss)	`ProfitLoss`	$14.21M	USD	Annual
Net income/(loss)	`ProfitLoss`	$25.70M	USD	Annual
Net income/(loss)	`ProfitLoss`	$144.51M	USD	Annual
Change in net unrealized gain/(loss)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$390.00K	USD	Annual
Change in net unrealized gain/(loss)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$8.26M	USD	Annual
Change in net unrealized gain/(loss)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-330.00K	USD	Annual
Reclassification adjustment for amounts included in net income/(loss)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	-	USD	Annual
Reclassification adjustment for amounts included in net income/(loss)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$763.00K	USD	Annual
Reclassification adjustment for amounts included in net income/(loss)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	-	USD	Annual
Total unrealized gain (loss)	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$390.00K	USD	Annual
Total unrealized gain (loss)	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$8.26M	USD	Annual
Total unrealized gain (loss)	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-1.09M	USD	Annual
Change in net unrealized gain/(loss)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	-	USD	Annual
Change in net unrealized gain/(loss)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-852.00K	USD	Annual
Change in net unrealized gain/(loss)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-220.00K	USD	Annual
Reclassification adjustment for amounts included in net income/(loss)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-790.00K	USD	Annual
Reclassification adjustment for amounts included in net income/(loss)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	-	USD	Annual
Reclassification adjustment for amounts included in net income/(loss)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-282.00K	USD	Annual
Total unrealized gain (loss)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$62.00K	USD	Annual
Total unrealized gain (loss)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	-	USD	Annual
Total unrealized gain (loss)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-62.00K	USD	Annual
Comprehensive (income)/loss attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	-	USD	Annual
Comprehensive (income)/loss attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-216.00K	USD	Annual
Comprehensive (income)/loss attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-706.00K	USD	Annual
Comprehensive income/(loss) attributable to Franklin BSP Realty Trust, Inc.	`ComprehensiveIncomeNetOfTax`	$33.90M	USD	Annual
Comprehensive income/(loss) attributable to Franklin BSP Realty Trust, Inc.	`ComprehensiveIncomeNetOfTax`	$144.12M	USD	Annual
Comprehensive income/(loss) attributable to Franklin BSP Realty Trust, Inc.	`ComprehensiveIncomeNetOfTax`	$14.88M	USD	Annual

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.