2023 Q3 Form 10-Q Financial Statement

#000171754723000086 Filed on August 02, 2023

View on sec.gov

Income Statement

Concept 2023 Q3 2023 Q2
Revenue $102.7M $99.49M
YoY Change 5.75% 16.54%
Cost Of Revenue $7.700M $6.263M
YoY Change 14.14% 0.24%
Gross Profit $94.80M $93.23M
YoY Change 4.9% -9.89%
Gross Profit Margin 92.28% 93.7%
Selling, General & Admin $12.30M $9.683M
YoY Change 41.57% 12.8%
% of Gross Profit 12.97% 10.39%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $8.900M $7.941M
YoY Change 3.83% -8.93%
% of Gross Profit 9.39% 8.52%
Operating Expenses $31.80M $49.55M
YoY Change -48.07% 58.8%
Operating Profit $63.00M $43.68M
YoY Change 116.25% -39.55%
Interest Expense $43.65M -$50.87M
YoY Change 32.49% -337.09%
% of Operating Profit 69.28% -116.46%
Other Income/Expense, Net
YoY Change
Pretax Income $12.55M -$7.188M
YoY Change -163.27% -120.48%
Income Tax $200.0K $310.0K
% Of Pretax Income 1.59%
Net Earnings $12.39M -$7.486M
YoY Change -160.54% -121.83%
Net Earnings / Revenue 12.06% -7.52%
Basic Earnings Per Share $0.10 -$0.06
Diluted Earnings Per Share $0.09 -$0.06
COMMON SHARES
Basic Shares Outstanding 130.0M shares 129.9M shares
Diluted Shares Outstanding 130.0M shares 127.2M shares

Balance Sheet

Concept 2023 Q3 2023 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $236.2M $218.2M
YoY Change -17.54% -31.34%
Cash & Equivalents $236.2M $218.2M
Short-Term Investments
Other Short-Term Assets $19.50M $21.64M
YoY Change -27.95% -19.09%
Inventory
Prepaid Expenses
Receivables $76.40M $53.48M
Other Receivables $0.00 $0.00
Total Short-Term Assets $332.1M $293.3M
YoY Change -6.06% -26.14%
LONG-TERM ASSETS
Property, Plant & Equipment $798.2M $794.8M
YoY Change 7.66% 3.39%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $2.600M $2.790M
YoY Change -16.64% -36.68%
Other Assets $115.5M $103.6M
YoY Change -6.88% -8.21%
Total Long-Term Assets $4.021B $4.061B
YoY Change -25.92% -25.38%
TOTAL ASSETS
Total Short-Term Assets $332.1M $293.3M
Total Long-Term Assets $4.021B $4.061B
Total Assets $4.353B $4.355B
YoY Change -24.7% -25.43%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $16.40M $15.13M
YoY Change -15.35% -5.26%
Accrued Expenses $34.20M $32.70M
YoY Change -12.29% -10.57%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $158.3M $141.8M
YoY Change -7.97% -7.98%
LONG-TERM LIABILITIES
Long-Term Debt $2.844B $2.855B
YoY Change -31.76% -31.93%
Other Long-Term Liabilities $11.60M $12.11M
YoY Change -5.39% 0.98%
Total Long-Term Liabilities $2.856B $2.867B
YoY Change -31.68% -31.83%
TOTAL LIABILITIES
Total Short-Term Liabilities $158.3M $141.8M
Total Long-Term Liabilities $2.856B $2.867B
Total Liabilities $3.037B $3.033B
YoY Change -30.61% -30.85%
SHAREHOLDERS EQUITY
Retained Earnings -$1.544B -$1.530B
YoY Change 6.85% 9.41%
Common Stock $2.863B $2.858B
YoY Change 0.35% 0.22%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.314B $1.321B
YoY Change
Total Liabilities & Shareholders Equity $4.353B $4.355B
YoY Change -24.7% -25.43%

Cashflow Statement

Concept 2023 Q3 2023 Q2
OPERATING ACTIVITIES
Net Income $12.39M -$7.486M
YoY Change -160.54% -121.83%
Depreciation, Depletion And Amortization $8.900M $7.941M
YoY Change 3.83% -8.93%
Cash From Operating Activities $38.40M $23.08M
YoY Change 11.74% 3.7%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities $31.00M $128.3M
YoY Change -171.87% -895.72%
Cash From Investing Activities $31.00M $128.3M
YoY Change -171.87% -895.72%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -38.80M -242.0M
YoY Change 336.79% -427.29%
NET CHANGE
Cash From Operating Activities 38.40M 23.08M
Cash From Investing Activities 31.00M 128.3M
Cash From Financing Activities -38.80M -242.0M
Net Change In Cash 30.60M -90.65M
YoY Change -273.37% -213.21%
FREE CASH FLOW
Cash From Operating Activities $38.40M $23.08M
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

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us-gaap Payments For Repurchase Of Redeemable Noncontrolling Interest
PaymentsForRepurchaseOfRedeemableNoncontrollingInterest
0 usd
us-gaap Payments For Repurchase Of Redeemable Noncontrolling Interest
PaymentsForRepurchaseOfRedeemableNoncontrollingInterest
25383000 usd
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
34466000 usd
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
0 usd
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
30907000 usd
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
82116000 usd
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
110324000 usd
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
698700000 usd
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
233141000 usd
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
116254000 usd
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
177529000 usd
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
138369000 usd
brsp Repayment Of Mortgage Obligations Issued By Securitization Trusts
RepaymentOfMortgageObligationsIssuedBySecuritizationTrusts
0 usd
brsp Repayment Of Mortgage Obligations Issued By Securitization Trusts
RepaymentOfMortgageObligationsIssuedBySecuritizationTrusts
15947000 usd
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
4731000 usd
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
7863000 usd
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
56000 usd
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
138000 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
16000 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-356394000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
243885000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-306000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-726000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-96071000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
62853000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
398828000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
346563000 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
302757000 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
409416000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
306320000 usd
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
259722000 usd
CY2022Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
92508000 usd
CY2021Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
86841000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
398828000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
346563000 usd
CY2023Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
218170000 usd
CY2022Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
317742000 usd
CY2023Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
84587000 usd
CY2022Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
91674000 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
302757000 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
409416000 usd
brsp Accrued Dividends Payable
AccruedDividendsPayable
-26000000 usd
brsp Accrued Dividends Payable
AccruedDividendsPayable
-25565000 usd
us-gaap Liabilities Assumed1
LiabilitiesAssumed1
1861000 usd
us-gaap Liabilities Assumed1
LiabilitiesAssumed1
0 usd
brsp Real Estate Assumed
RealEstateAssumed
73652000 usd
brsp Real Estate Assumed
RealEstateAssumed
0 usd
brsp Right Of Use Lease Assets And Operating Lease Liabilities
RightOfUseLeaseAssetsAndOperatingLeaseLiabilities
0 usd
brsp Right Of Use Lease Assets And Operating Lease Liabilities
RightOfUseLeaseAssetsAndOperatingLeaseLiabilities
3271000 usd
us-gaap Nature Of Operations
NatureOfOperations
Business and Organization<div style="margin-bottom:8pt;margin-top:8pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">BrightSpire Capital, Inc. (the “Company”) is a commercial real estate (“CRE”) credit real estate investment trust (“REIT”) focused on originating, acquiring, financing and managing a diversified portfolio consisting primarily of CRE debt investments and net leased properties predominantly in the United States. CRE debt investments primarily consist of first mortgage loans, which the Company expects to be its primary investment strategy. Additionally, the Company may selectively originate mezzanine loans and make preferred equity investments, which may include profit participations. The mezzanine loans and preferred equity investments may be in conjunction with the Company’s origination of corresponding first mortgages on the same properties. Net leased properties consist of CRE properties with long-term leases to tenants on a net-lease basis, where such tenants generally will be responsible for property operating expenses such as insurance, utilities, maintenance capital expenditures and real estate taxes. The Company will continue to target net leased equity investments on a selective basis. </span></div><div style="margin-bottom:8pt;margin-top:8pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company was organized in the state of Maryland on August 23, 2017 and maintains key offices in New York, New York and Los Angeles, California. The Company elected to be taxed as a REIT under the Internal Revenue Code of 1986, as amended, beginning with the taxable year ended December 31, 2018. The Company conducts all activities and holds substantially all assets and liabilities through the Company’s operating subsidiary, BrightSpire Capital Operating Company, LLC (the “OP”).</span></div><div style="margin-bottom:8pt;margin-top:8pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%;text-decoration:underline">Trends Affecting the Business</span></div><div style="margin-bottom:8pt;margin-top:8pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The global markets are currently characterized by volatility, driven by a tightening of monetary policy and geopolitical uncertainty, coupled with the ongoing impacts of the COVID-19 pandemic. In response to heightened inflation, the Federal Reserve has continued to raise interest rates, which has tempered the loan financing market and created further uncertainty for the economy and for the Company’s borrowers and tenants. To the extent certain borrowers are experiencing significant financial dislocation as a result of economic conditions or the ongoing effects of the COVID-19 pandemic, the Company has and may continue to use interest and other reserves and/or replenishment obligations of the borrower and/or guarantors to meet current interest payment obligations for a limited period. Additionally, the market for office properties was particularly negatively impacted by the COVID-19 pandemic and remains distressed, with high overall vacancy rates due to the normalization of work from home and the hybrid attendance models. </span></div><div style="margin-bottom:8pt;margin-top:8pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">As a result of fewer employees commuting to their offices, businesses are re-evaluating their need for physical office space. These current macroeconomic conditions may continue or intensify and could cause the United States economy or other global economies to experience an economic slowdown or recession. While the Company monitors macroeconomic conditions closely, there are too many uncertainties to predict and quantify the full impact that these factors may have on its business.</span></div>
us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-bottom:8pt;margin-top:8pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">Use of Estimates</span></div><div style="margin-bottom:8pt;margin-top:8pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. Actual results could differ from those estimates and assumptions.</span></div>
CY2022Q4 brsp Real Estate Held For Sale Number Of Properties Held For Sale
RealEstateHeldForSaleNumberOfPropertiesHeldForSale
0 property
CY2023Q2 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
0 usd
CY2022Q4 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
0 usd
CY2022Q4 us-gaap Loans Receivable Held For Sale Amount
LoansReceivableHeldForSaleAmount
0 usd
CY2023Q2 us-gaap Loans Receivable Held For Sale Amount
LoansReceivableHeldForSaleAmount
0 usd
CY2023Q2 brsp Real Estate Held For Sale Number Of Properties Held For Sale
RealEstateHeldForSaleNumberOfPropertiesHeldForSale
0 property
CY2023Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
300000 usd
CY2022Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
500000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
700000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
500000 usd
CY2023Q2 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
106728000 usd
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
106247000 usd
CY2023Q2 srt Mortgage Loans On Real Estate Face Amount Of Mortgages
MortgageLoansOnRealEstateFaceAmountOfMortgages
3225635000 usd
CY2023Q2 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
3112973000 usd
CY2022Q4 srt Mortgage Loans On Real Estate Face Amount Of Mortgages
MortgageLoansOnRealEstateFaceAmountOfMortgages
3586248000 usd
CY2022Q4 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
3468742000 usd
CY2023Q2 us-gaap Financing Receivable Accrued Interest After Allowance For Credit Loss
FinancingReceivableAccruedInterestAfterAllowanceForCreditLoss
16100000 usd
CY2022Q4 us-gaap Financing Receivable Accrued Interest After Allowance For Credit Loss
FinancingReceivableAccruedInterestAfterAllowanceForCreditLoss
16400000 usd
CY2022Q4 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
3468742000 usd
CY2021Q4 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
3449009000 usd
us-gaap Mortgage Loans On Real Estate Other Additions
MortgageLoansOnRealEstateOtherAdditions
35936000 usd
us-gaap Mortgage Loans On Real Estate Other Additions
MortgageLoansOnRealEstateOtherAdditions
815466000 usd
brsp Sec Schedule1229 Real Estate Companies Investmentin Mortgage Loanson Real Estate Collectionsof Principal Including Corporate Term Loan
SECSchedule1229RealEstateCompaniesInvestmentinMortgageLoansonRealEstateCollectionsofPrincipalIncludingCorporateTermLoan
263563000 usd
brsp Sec Schedule1229 Real Estate Companies Investmentin Mortgage Loanson Real Estate Collectionsof Principal Including Corporate Term Loan
SECSchedule1229RealEstateCompaniesInvestmentinMortgageLoansonRealEstateCollectionsofPrincipalIncludingCorporateTermLoan
472470000 usd
brsp Sec Schedule1229 Real Estate Companies Investment In Mortgage Loans On Real Estate Transfer To Real Estate Net
SECSchedule1229RealEstateCompaniesInvestmentInMortgageLoansOnRealEstateTransferToRealEstateNet
136762000 usd
brsp Sec Schedule1229 Real Estate Companies Investment In Mortgage Loans On Real Estate Transfer To Real Estate Net
SECSchedule1229RealEstateCompaniesInvestmentInMortgageLoansOnRealEstateTransferToRealEstateNet
0 usd
brsp Sec Schedule1229 Real Estate Companies Investmentin Mortgage Loanson Real Estate Amortizationof Premium Including Corporate Term Loan
SECSchedule1229RealEstateCompaniesInvestmentinMortgageLoansonRealEstateAmortizationofPremiumIncludingCorporateTermLoan
5755000 usd
brsp Sec Schedule1229 Real Estate Companies Investmentin Mortgage Loanson Real Estate Amortizationof Premium Including Corporate Term Loan
SECSchedule1229RealEstateCompaniesInvestmentinMortgageLoansonRealEstateAmortizationofPremiumIncludingCorporateTermLoan
6912000 usd
brsp Sec Schedule1229 Real Estate Companies Investmentin Mortgage Loanson Real Estate Interest Capitalized Including Corporate Term Loan
SECSchedule1229RealEstateCompaniesInvestmentinMortgageLoansonRealEstateInterestCapitalizedIncludingCorporateTermLoan
3346000 usd
brsp Sec Schedule1229 Real Estate Companies Investmentin Mortgage Loanson Real Estate Interest Capitalized Including Corporate Term Loan
SECSchedule1229RealEstateCompaniesInvestmentinMortgageLoansonRealEstateInterestCapitalizedIncludingCorporateTermLoan
-1992000 usd
brsp Sec Schedule1229 Real Estate Companies Investmentin Mortgage Loanson Real Estate Increase Decreasein Changein Allowancefor Loan Losses
SECSchedule1229RealEstateCompaniesInvestmentinMortgageLoansonRealEstateIncreaseDecreaseinChangeinAllowanceforLoanLosses
68244000 usd
brsp Sec Schedule1229 Real Estate Companies Investmentin Mortgage Loanson Real Estate Increase Decreasein Changein Allowancefor Loan Losses
SECSchedule1229RealEstateCompaniesInvestmentinMortgageLoansonRealEstateIncreaseDecreaseinChangeinAllowanceforLoanLosses
9031000 usd
brsp Sec Schedule1229 Real Estate Companies Investment In Mortgage Loans On Real Estate Charge Off Including Loans Collateralized By Interest
SECSchedule1229RealEstateCompaniesInvestmentInMortgageLoansOnRealEstateChargeOffIncludingLoansCollateralizedByInterest
67763000 usd
brsp Sec Schedule1229 Real Estate Companies Investment In Mortgage Loans On Real Estate Charge Off Including Loans Collateralized By Interest
SECSchedule1229RealEstateCompaniesInvestmentInMortgageLoansOnRealEstateChargeOffIncludingLoansCollateralizedByInterest
1251000 usd
CY2023Q2 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
3112973000 usd
CY2022Q2 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
3789145000 usd
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
106247000 usd
CY2023Q1 brsp Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal Including Held For Sale
FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversalIncludingHeldForSale
-15418000 usd
CY2023Q1 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
145836000 usd
CY2023Q2 brsp Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal Including Held For Sale
FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversalIncludingHeldForSale
17737000 usd
CY2023Q2 us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff After Recovery
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoffAfterRecovery
67763000 usd
CY2023Q2 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
106728000 usd
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
36598000 usd
CY2022Q1 brsp Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal Including Held For Sale
FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversalIncludingHeldForSale
-1343000 usd
CY2022Q1 us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff After Recovery
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoffAfterRecovery
1251000 usd
CY2022Q1 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
34004000 usd
CY2022Q2 brsp Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal Including Held For Sale
FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversalIncludingHeldForSale
10374000 usd
CY2022Q2 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
44378000 usd
brsp Mortgage Loans On Real Estate Number Of Loans Contributing To More Than10 Percent Of Interest Income
MortgageLoansOnRealEstateNumberOfLoansContributingToMoreThan10PercentOfInterestIncome
0 investment
brsp Mortgage Loans On Real Estate Number Of Loans Contributing To More Than10 Percent Of Interest Income
MortgageLoansOnRealEstateNumberOfLoansContributingToMoreThan10PercentOfInterestIncome
0 investment
brsp Percentof Interest Income Contributedby Investment
PercentofInterestIncomeContributedbyInvestment
0.100
brsp Percentof Interest Income Contributedby Investment
PercentofInterestIncomeContributedbyInvestment
0.100
CY2023Q2 us-gaap Financing Receivable Excluding Accrued Interest Year One Originated Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearOneOriginatedCurrentFiscalYear
1699000 usd
CY2023Q2 us-gaap Financing Receivable Excluding Accrued Interest Year Two Originated Fiscal Year Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearTwoOriginatedFiscalYearBeforeCurrentFiscalYear
909645000 usd
CY2023Q2 us-gaap Financing Receivable Excluding Accrued Interest Year Three Originated Two Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearThreeOriginatedTwoYearsBeforeCurrentFiscalYear
1368450000 usd
CY2023Q2 us-gaap Financing Receivable Excluding Accrued Interest Year Four Originated Three Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearFourOriginatedThreeYearsBeforeCurrentFiscalYear
96618000 usd
CY2023Q2 us-gaap Financing Receivable Excluding Accrued Interest Year Five Originated Four Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearFiveOriginatedFourYearsBeforeCurrentFiscalYear
843289000 usd
CY2023Q2 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
3219701000 usd
CY2022Q4 us-gaap Financing Receivable Excluding Accrued Interest Year One Originated Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearOneOriginatedCurrentFiscalYear
891650000 usd
CY2022Q4 us-gaap Financing Receivable Excluding Accrued Interest Year Two Originated Fiscal Year Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearTwoOriginatedFiscalYearBeforeCurrentFiscalYear
1433420000 usd
CY2022Q4 us-gaap Financing Receivable Excluding Accrued Interest Year Three Originated Two Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearThreeOriginatedTwoYearsBeforeCurrentFiscalYear
96096000 usd
CY2022Q4 us-gaap Financing Receivable Excluding Accrued Interest Year Four Originated Three Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearFourOriginatedThreeYearsBeforeCurrentFiscalYear
471994000 usd
CY2022Q4 us-gaap Financing Receivable Excluding Accrued Interest Year Five Originated Four Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearFiveOriginatedFourYearsBeforeCurrentFiscalYear
681829000 usd
CY2022Q4 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
3574989000 usd
CY2022Q4 brsp Financing Receivable Excluding Accrued Interest Average Risk Rating
FinancingReceivableExcludingAccruedInterestAverageRiskRating
3.2
CY2023Q2 brsp Number Of Foreclosed Properties
NumberOfForeclosedProperties
2 property
CY2023Q2 us-gaap Foreclosed Assets
ForeclosedAssets
65600000 usd
CY2023Q2 brsp Real Estate Investment Property Depreciation Expense
RealEstateInvestmentPropertyDepreciationExpense
6000000 usd
CY2022Q2 brsp Real Estate Investment Property Depreciation Expense
RealEstateInvestmentPropertyDepreciationExpense
6400000 usd
brsp Real Estate Investment Property Depreciation Expense
RealEstateInvestmentPropertyDepreciationExpense
12000000 usd
brsp Real Estate Investment Property Depreciation Expense
RealEstateInvestmentPropertyDepreciationExpense
12500000 usd
CY2023Q2 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
18958000 usd
CY2022Q2 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
19334000 usd
us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
38346000 usd
us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
39068000 usd
CY2023Q2 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
2569000 usd
CY2022Q2 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
2388000 usd
us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
5592000 usd
us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
5214000 usd
CY2023Q2 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
21527000 usd
CY2022Q2 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
21722000 usd
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
43938000 usd
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
44282000 usd
CY2023Q2 brsp Hotel Operating Income
HotelOperatingIncome
0 usd
CY2022Q2 brsp Hotel Operating Income
HotelOperatingIncome
0 usd
brsp Hotel Operating Income
HotelOperatingIncome
0 usd
brsp Hotel Operating Income
HotelOperatingIncome
1566000 usd
CY2023Q2 brsp Property Operating Income Excluding Amortizationof Below Above Leases
PropertyOperatingIncomeExcludingAmortizationofBelowAboveLeases
21527000 usd
CY2022Q2 brsp Property Operating Income Excluding Amortizationof Below Above Leases
PropertyOperatingIncomeExcludingAmortizationofBelowAboveLeases
21722000 usd
brsp Property Operating Income Excluding Amortizationof Below Above Leases
PropertyOperatingIncomeExcludingAmortizationofBelowAboveLeases
43938000 usd
brsp Property Operating Income Excluding Amortizationof Below Above Leases
PropertyOperatingIncomeExcludingAmortizationofBelowAboveLeases
45848000 usd
CY2023Q2 brsp Above And Below Market Leases Amortization Expense Income
AboveAndBelowMarketLeasesAmortizationExpenseIncome
200000 usd
brsp Above And Below Market Leases Amortization Expense Income
AboveAndBelowMarketLeasesAmortizationExpenseIncome
300000 usd
brsp Above And Below Market Leases Amortization Expense Income
AboveAndBelowMarketLeasesAmortizationExpenseIncome
100000 usd
CY2023Q2 us-gaap Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year
LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear
38500000 usd
CY2023Q2 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
76826000 usd
CY2023Q2 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
71723000 usd
CY2023Q2 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
64888000 usd
CY2023Q2 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
60654000 usd
CY2023Q2 brsp Lessor Operating Lease Payment To Be Received After Year Four
LessorOperatingLeasePaymentToBeReceivedAfterYearFour
330495000 usd
CY2023Q2 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
643086000 usd
CY2023Q2 us-gaap Operating Lease Expense
OperatingLeaseExpense
800000 usd
us-gaap Operating Lease Expense
OperatingLeaseExpense
1600000 usd
CY2022Q2 us-gaap Operating Lease Expense
OperatingLeaseExpense
800000 usd
us-gaap Operating Lease Expense
OperatingLeaseExpense
1500000 usd
CY2019Q4 brsp Number Of Loans
NumberOfLoans
2 loan
CY2019 brsp Number Of Properties
NumberOfProperties
2 property
CY2022Q3 us-gaap Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal
FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal
67800000 usd
CY2023Q2 us-gaap Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal
FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal
67800000 usd
CY2022Q3 brsp Number Of Loans On Nonaccrual Status
NumberOfLoansOnNonaccrualStatus
1 forwardswap
CY2023Q2 brsp Number Of Legal Titles Acquired
NumberOfLegalTitlesAcquired
2 property
CY2023Q2 brsp Number Of Legal Titles Acquired
NumberOfLegalTitlesAcquired
2 title
us-gaap Asset Acquisition Consideration Transferred
AssetAcquisitionConsiderationTransferred
73099000 usd
CY2023Q2 brsp Asset Acquisition Land And Improvements
AssetAcquisitionLandAndImprovements
25166000 usd
CY2023Q2 brsp Asset Acquisition Building And Improvements
AssetAcquisitionBuildingAndImprovements
40442000 usd
CY2023Q2 brsp Asset Acquisition Lease Intangible Assets
AssetAcquisitionLeaseIntangibleAssets
8765000 usd
CY2023Q2 brsp Asset Acquisition Other Assets
AssetAcquisitionOtherAssets
1308000 usd
CY2023Q2 brsp Asset Acquisition Lease Intangible Liabilities
AssetAcquisitionLeaseIntangibleLiabilities
-721000 usd
CY2023Q2 brsp Asset Acquisition Other Liabilities
AssetAcquisitionOtherLiabilities
-1861000 usd
brsp Numberof Real Estate Properties Sold
NumberofRealEstatePropertiesSold
0 property
CY2023Q2 us-gaap Deferred Costs Leasing Gross
DeferredCostsLeasingGross
30190000 usd
CY2023Q2 us-gaap Deferred Costs Leasing Accumulated Amortization
DeferredCostsLeasingAccumulatedAmortization
17103000 usd
CY2023Q2 us-gaap Deferred Costs Leasing Net
DeferredCostsLeasingNet
13087000 usd
CY2023Q2 brsp Finite Lived Intangible Assets And Deferred Leasing Costs Gross
FiniteLivedIntangibleAssetsAndDeferredLeasingCostsGross
120101000 usd
CY2023Q2 brsp Finite Lived Intangible Assets And Deferred Leasing Costs Accumulated Amortization
FiniteLivedIntangibleAssetsAndDeferredLeasingCostsAccumulatedAmortization
62068000 usd
CY2023Q2 brsp Finite Lived Intangible Assets And Deferred Leasing Costs Net
FiniteLivedIntangibleAssetsAndDeferredLeasingCostsNet
58033000 usd
CY2023Q2 us-gaap Below Market Lease Gross
BelowMarketLeaseGross
16797000 usd
CY2023Q2 us-gaap Below Market Lease Accumulated Amortization
BelowMarketLeaseAccumulatedAmortization
11926000 usd
CY2023Q2 brsp Below Market Lease Amortization Income After Year Four
BelowMarketLeaseAmortizationIncomeAfterYearFour
429000 usd
CY2023Q2 us-gaap Below Market Lease Net
BelowMarketLeaseNet
4871000 usd
CY2023Q2 brsp Deferred Leasing Costs Amortization Expense Remainder Of Fiscal Year
DeferredLeasingCostsAmortizationExpenseRemainderOfFiscalYear
1370000 usd
CY2023Q2 brsp Deferred Leasing Costs Amortization Expense Year One
DeferredLeasingCostsAmortizationExpenseYearOne
2502000 usd
CY2022Q4 us-gaap Deferred Costs Leasing Gross
DeferredCostsLeasingGross
28641000 usd
CY2022Q4 us-gaap Deferred Costs Leasing Accumulated Amortization
DeferredCostsLeasingAccumulatedAmortization
15843000 usd
CY2022Q4 us-gaap Deferred Costs Leasing Net
DeferredCostsLeasingNet
12798000 usd
CY2022Q4 brsp Finite Lived Intangible Assets And Deferred Leasing Costs Gross
FiniteLivedIntangibleAssetsAndDeferredLeasingCostsGross
112503000 usd
CY2022Q4 brsp Finite Lived Intangible Assets And Deferred Leasing Costs Accumulated Amortization
FiniteLivedIntangibleAssetsAndDeferredLeasingCostsAccumulatedAmortization
58523000 usd
CY2022Q4 brsp Finite Lived Intangible Assets And Deferred Leasing Costs Net
FiniteLivedIntangibleAssetsAndDeferredLeasingCostsNet
53980000 usd
CY2022Q4 us-gaap Below Market Lease Gross
BelowMarketLeaseGross
16074000 usd
CY2022Q4 us-gaap Below Market Lease Accumulated Amortization
BelowMarketLeaseAccumulatedAmortization
11235000 usd
CY2022Q4 us-gaap Below Market Lease Net
BelowMarketLeaseNet
4839000 usd
CY2023Q2 us-gaap Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
345000 usd
CY2022Q2 us-gaap Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
346000 usd
us-gaap Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
684000 usd
us-gaap Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
677000 usd
CY2023Q2 brsp Net Increase Decreaseto Rental Incomefrom Amortizationof Aboveand Below Market Leases
NetIncreaseDecreasetoRentalIncomefromAmortizationofAboveandBelowMarketLeases
200000 usd
CY2022Q2 brsp Net Increase Decreaseto Rental Incomefrom Amortizationof Aboveand Below Market Leases
NetIncreaseDecreasetoRentalIncomefromAmortizationofAboveandBelowMarketLeases
60000 usd
brsp Net Increase Decreaseto Rental Incomefrom Amortizationof Aboveand Below Market Leases
NetIncreaseDecreasetoRentalIncomefromAmortizationofAboveandBelowMarketLeases
340000 usd
brsp Net Increase Decreaseto Rental Incomefrom Amortizationof Aboveand Below Market Leases
NetIncreaseDecreasetoRentalIncomefromAmortizationofAboveandBelowMarketLeases
103000 usd
CY2023Q2 brsp Amortization Of Deferred Leasing Costs
AmortizationOfDeferredLeasingCosts
673000 usd
CY2022Q2 brsp Amortization Of Deferred Leasing Costs
AmortizationOfDeferredLeasingCosts
748000 usd
brsp Amortization Of Deferred Leasing Costs
AmortizationOfDeferredLeasingCosts
1337000 usd
brsp Amortization Of Deferred Leasing Costs
AmortizationOfDeferredLeasingCosts
1554000 usd
CY2023Q2 us-gaap Adjustment For Amortization
AdjustmentForAmortization
1922000 usd
CY2022Q2 us-gaap Adjustment For Amortization
AdjustmentForAmortization
2285000 usd
us-gaap Adjustment For Amortization
AdjustmentForAmortization
3870000 usd
us-gaap Adjustment For Amortization
AdjustmentForAmortization
4692000 usd
CY2023Q2 us-gaap Below Market Lease Amortization Income Remainder Of Fiscal Year
BelowMarketLeaseAmortizationIncomeRemainderOfFiscalYear
722000 usd
CY2023Q2 us-gaap Below Market Lease Amortization Income Next Twelve Months
BelowMarketLeaseAmortizationIncomeNextTwelveMonths
1444000 usd
CY2023Q2 us-gaap Below Market Lease Amortization Income Year Two
BelowMarketLeaseAmortizationIncomeYearTwo
1442000 usd
CY2023Q2 us-gaap Below Market Lease Amortization Income Year Three
BelowMarketLeaseAmortizationIncomeYearThree
769000 usd
CY2023Q2 us-gaap Below Market Lease Amortization Income Year Four
BelowMarketLeaseAmortizationIncomeYearFour
65000 usd
CY2023Q2 brsp Deferred Leasing Costs Amortization Expense Year Two
DeferredLeasingCostsAmortizationExpenseYearTwo
2241000 usd
CY2023Q2 brsp Deferred Leasing Costs Amortization Expense Year Three
DeferredLeasingCostsAmortizationExpenseYearThree
1196000 usd
CY2023Q2 brsp Deferred Leasing Costs Amortization Expense Year Four
DeferredLeasingCostsAmortizationExpenseYearFour
1055000 usd
CY2023Q2 brsp Deferred Leasing Costs Amortization Expense After Year Four
DeferredLeasingCostsAmortizationExpenseAfterYearFour
4723000 usd
CY2023Q2 us-gaap Deferred Costs Leasing Net
DeferredCostsLeasingNet
13087000 usd
CY2023Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
84587000 usd
CY2022Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
92508000 usd
CY2023Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
23401000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
25237000 usd
CY2023Q2 brsp Taxes Receivable And Deferred Income Tax Assets
TaxesReceivableAndDeferredIncomeTaxAssets
18861000 usd
CY2022Q4 brsp Taxes Receivable And Deferred Income Tax Assets
TaxesReceivableAndDeferredIncomeTaxAssets
19117000 usd
CY2023Q2 us-gaap Debt Issuance Costs Line Of Credit Arrangements Net
DebtIssuanceCostsLineOfCreditArrangementsNet
5941000 usd
CY2022Q4 us-gaap Debt Issuance Costs Line Of Credit Arrangements Net
DebtIssuanceCostsLineOfCreditArrangementsNet
4630000 usd
CY2023Q2 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
2790000 usd
CY2022Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
3035000 usd
CY2023Q2 brsp Prepaid Expense Excluding Prepaid Taxes And Other Expenses
PrepaidExpenseExcludingPrepaidTaxesAndOtherExpenses
2778000 usd
CY2022Q4 brsp Prepaid Expense Excluding Prepaid Taxes And Other Expenses
PrepaidExpenseExcludingPrepaidTaxesAndOtherExpenses
2053000 usd
CY2023Q2 us-gaap Derivative Assets
DerivativeAssets
2355000 usd
CY2022Q4 us-gaap Derivative Assets
DerivativeAssets
1601000 usd
CY2023Q2 us-gaap Other Assets
OtherAssets
56126000 usd
CY2022Q4 us-gaap Other Assets
OtherAssets
55673000 usd
CY2023Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
24191000 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
25961000 usd
CY2023Q2 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
23525000 usd
CY2022Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
26198000 usd
CY2023Q2 us-gaap Accounts Payable And Other Accrued Liabilities
AccountsPayableAndOtherAccruedLiabilities
15133000 usd
CY2022Q4 us-gaap Accounts Payable And Other Accrued Liabilities
AccountsPayableAndOtherAccruedLiabilities
15087000 usd
CY2023Q2 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
7567000 usd
CY2022Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
11680000 usd
CY2023Q2 brsp Prepaid Rentand Unearned Revenue
PrepaidRentandUnearnedRevenue
7241000 usd
CY2022Q4 brsp Prepaid Rentand Unearned Revenue
PrepaidRentandUnearnedRevenue
7688000 usd
CY2023Q2 brsp Unfunded Current Expected Credit Losses Loan Allowance
UnfundedCurrentExpectedCreditLossesLoanAllowance
725000 usd
CY2022Q4 brsp Unfunded Current Expected Credit Losses Loan Allowance
UnfundedCurrentExpectedCreditLossesLoanAllowance
389000 usd
CY2023Q2 us-gaap Security Deposit Liability
SecurityDepositLiability
695000 usd
CY2022Q4 us-gaap Security Deposit Liability
SecurityDepositLiability
411000 usd
CY2023Q2 us-gaap Other Accrued Liabilities Current And Noncurrent
OtherAccruedLiabilitiesCurrentAndNoncurrent
219000 usd
CY2022Q4 us-gaap Other Accrued Liabilities Current And Noncurrent
OtherAccruedLiabilitiesCurrentAndNoncurrent
219000 usd
CY2023Q2 us-gaap Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
79296000 usd
CY2022Q4 us-gaap Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
87633000 usd
CY2023Q2 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
2858915000 usd
CY2023Q2 us-gaap Long Term Debt
LongTermDebt
2854725000 usd
CY2022Q4 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
3169278000 usd
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
3164061000 usd
CY2023Q2 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
1255000 usd
CY2023Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
138928000 usd
CY2023Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
221226000 usd
CY2023Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
335369000 usd
CY2023Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
956812000 usd
CY2023Q2 brsp Long Term Debt Maturity After Year Four
LongTermDebtMaturityAfterYearFour
1205325000 usd
CY2023Q2 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
2858915000 usd
us-gaap Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
0 usd
us-gaap Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
0 usd
CY2023Q2 us-gaap Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
0 usd
CY2022Q2 us-gaap Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
0 usd
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
1456366 shares
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
1391217 shares
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
62190 shares
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
93285 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
1754094 shares
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
500462 shares
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
1253632 shares
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
1524482 shares
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
104960 shares
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
2673154 shares
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Equity Instruments Other Than Options Aggregate Intrinsic Value Vested
SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueVested
5700000 usd
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Equity Instruments Other Than Options Aggregate Intrinsic Value Vested
SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueVested
3800000 usd
CY2023Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
21100000 usd
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y2M12D
CY2022Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
17400000 usd
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y3M18D
CY2023Q2 brsp Common Sharesand Preferred Shares Authorizedfor Issuance
CommonSharesandPreferredSharesAuthorizedforIssuance
1000000000 shares
CY2023Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2023Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2023Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2023Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2023Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.20
CY2023Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.20
CY2022Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.19
CY2022Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.20
CY2023Q2 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
50000000 usd
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
0 shares
CY2023Q2 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
50000000 usd
CY2023Q2 srt Mortgage Loans On Real Estate Face Amount Of Mortgages
MortgageLoansOnRealEstateFaceAmountOfMortgages
3225635000 usd
CY2022Q4 srt Mortgage Loans On Real Estate Face Amount Of Mortgages
MortgageLoansOnRealEstateFaceAmountOfMortgages
3586248000 usd
us-gaap Noncontrolling Interest In Net Income Loss Operating Partnerships Nonredeemable
NoncontrollingInterestInNetIncomeLossOperatingPartnershipsNonredeemable
0 usd
CY2023Q2 us-gaap Noncontrolling Interest In Net Income Loss Operating Partnerships Nonredeemable
NoncontrollingInterestInNetIncomeLossOperatingPartnershipsNonredeemable
0 usd
CY2022Q2 us-gaap Noncontrolling Interest In Net Income Loss Operating Partnerships Nonredeemable
NoncontrollingInterestInNetIncomeLossOperatingPartnershipsNonredeemable
400000 usd
us-gaap Noncontrolling Interest In Net Income Loss Operating Partnerships Nonredeemable
NoncontrollingInterestInNetIncomeLossOperatingPartnershipsNonredeemable
1000000 usd
us-gaap Noncontrolling Interest In Net Income Loss Joint Venture Partners Nonredeemable
NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable
-100000 usd
CY2023Q2 brsp Cash Collateral For Derivatives Held By Counterparties
CashCollateralForDerivativesHeldByCounterparties
0 usd
CY2023Q2 us-gaap Gain Loss On Foreign Currency Derivative Instruments Not Designated As Hedging Instruments
GainLossOnForeignCurrencyDerivativeInstrumentsNotDesignatedAsHedgingInstruments
281000 usd
CY2022Q2 us-gaap Gain Loss On Foreign Currency Derivative Instruments Not Designated As Hedging Instruments
GainLossOnForeignCurrencyDerivativeInstrumentsNotDesignatedAsHedgingInstruments
2116000 usd
us-gaap Gain Loss On Foreign Currency Derivative Instruments Not Designated As Hedging Instruments
GainLossOnForeignCurrencyDerivativeInstrumentsNotDesignatedAsHedgingInstruments
932000 usd
us-gaap Gain Loss On Foreign Currency Derivative Instruments Not Designated As Hedging Instruments
GainLossOnForeignCurrencyDerivativeInstrumentsNotDesignatedAsHedgingInstruments
1895000 usd
CY2023Q2 us-gaap Gain Loss On Interest Rate Derivative Instruments Not Designated As Hedging Instruments
GainLossOnInterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstruments
-1000 usd
CY2022Q2 us-gaap Gain Loss On Interest Rate Derivative Instruments Not Designated As Hedging Instruments
GainLossOnInterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstruments
4000 usd
us-gaap Gain Loss On Interest Rate Derivative Instruments Not Designated As Hedging Instruments
GainLossOnInterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstruments
-2000 usd
us-gaap Gain Loss On Interest Rate Derivative Instruments Not Designated As Hedging Instruments
GainLossOnInterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstruments
12000 usd
CY2023Q2 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
280000 usd
CY2022Q2 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
2120000 usd
us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
930000 usd
us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
1907000 usd
CY2023Q2 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
2355000 usd
CY2023Q2 us-gaap Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral
2355000 usd
CY2022Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
1601000 usd
CY2022Q4 us-gaap Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral
1601000 usd
brsp Number Of Real Estate Properties Acquired Through Deed In Lieu Of Foreclosure
NumberOfRealEstatePropertiesAcquiredThroughDeedInLieuOfForeclosure
2 property
CY2023Q2 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
2800000 usd
CY2022Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
3000000 usd
CY2023Q2 us-gaap Revenues
Revenues
99314000 usd
CY2022Q2 us-gaap Revenues
Revenues
85372000 usd
us-gaap Revenues
Revenues
209592000 usd
us-gaap Revenues
Revenues
163785000 usd
CY2023Q2 us-gaap Noncurrent Assets
NoncurrentAssets
829416000 usd
CY2022Q4 us-gaap Noncurrent Assets
NoncurrentAssets
786448000 usd
CY2023Q2 us-gaap Profit Loss
ProfitLoss
-7498000 usd
CY2022Q2 us-gaap Profit Loss
ProfitLoss
34631000 usd
us-gaap Profit Loss
ProfitLoss
-11700000 usd
us-gaap Profit Loss
ProfitLoss
63030000 usd
CY2023Q2 us-gaap Noncontrolling Interest In Net Income Loss Joint Venture Partners Nonredeemable
NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable
-12000 usd
CY2022Q2 us-gaap Noncontrolling Interest In Net Income Loss Joint Venture Partners Nonredeemable
NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable
-15000 usd
us-gaap Noncontrolling Interest In Net Income Loss Joint Venture Partners Nonredeemable
NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable
-87000 usd
us-gaap Noncontrolling Interest In Net Income Loss Joint Venture Partners Nonredeemable
NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable
7000 usd
CY2023Q2 brsp Noncontrolling Interestin Net Income Loss Operating Partnerships Nonredeemable Including Allocated Amountfor Comparison
NoncontrollingInterestinNetIncomeLossOperatingPartnershipsNonredeemableIncludingAllocatedAmountforComparison
0 usd
CY2022Q2 brsp Noncontrolling Interestin Net Income Loss Operating Partnerships Nonredeemable Including Allocated Amountfor Comparison
NoncontrollingInterestinNetIncomeLossOperatingPartnershipsNonredeemableIncludingAllocatedAmountforComparison
359000 usd
brsp Noncontrolling Interestin Net Income Loss Operating Partnerships Nonredeemable Including Allocated Amountfor Comparison
NoncontrollingInterestinNetIncomeLossOperatingPartnershipsNonredeemableIncludingAllocatedAmountforComparison
0 usd
brsp Noncontrolling Interestin Net Income Loss Operating Partnerships Nonredeemable Including Allocated Amountfor Comparison
NoncontrollingInterestinNetIncomeLossOperatingPartnershipsNonredeemableIncludingAllocatedAmountforComparison
1013000 usd
CY2023Q2 brsp Net Income Loss Attributableto Parent Including Allocated Amountfor Comparison
NetIncomeLossAttributabletoParentIncludingAllocatedAmountforComparison
-7486000 usd
CY2022Q2 brsp Net Income Loss Attributableto Parent Including Allocated Amountfor Comparison
NetIncomeLossAttributabletoParentIncludingAllocatedAmountforComparison
34287000 usd
brsp Net Income Loss Attributableto Parent Including Allocated Amountfor Comparison
NetIncomeLossAttributabletoParentIncludingAllocatedAmountforComparison
-11613000 usd
brsp Net Income Loss Attributableto Parent Including Allocated Amountfor Comparison
NetIncomeLossAttributabletoParentIncludingAllocatedAmountforComparison
62010000 usd
CY2023Q2 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
0 usd
CY2022Q2 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
687000 usd
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
0 usd
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
797000 usd
CY2023Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-7486000 usd
CY2022Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
33600000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-11613000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
61213000 usd
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
127173000 shares
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
127756000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
126920000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
128052000 shares
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
127173000 shares
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
129595000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
126920000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
129669000 shares
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.06
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.26
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.09
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.48
CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.06
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.26
CY2023Q2 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2023Q2 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2023Q2 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2023Q2 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false

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