$fbrt 2021 10-K

Concept	2021	2020 Q4	2020
Revenue	$160.8M	$49.95M	$117.6M
YoY Change	36.73%	84.79%	8.85%
Cost Of Revenue	$101.8M	$18.30M	$93.39M
YoY Change	9.0%	-39.22%	-21.63%
Gross Profit	$109.8M	$31.66M	$106.8M
YoY Change	2.81%	15.95%	-9.09%
Gross Profit Margin	68.27%	63.37%	90.79%
Selling, General & Admin	$7.658M	$2.940M	$13.12M
YoY Change	-41.63%	-31.63%	-19.82%
% of Gross Profit	6.98%	9.29%	12.29%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$2.107M	$468.0K	$2.233M
YoY Change	-5.64%	-6.4%
% of Gross Profit	1.92%	1.48%	2.09%
Operating Expenses	$143.0M	$3.910M	$49.16M
YoY Change	190.82%	-44.93%	-5.83%
Operating Profit	-$33.17M	$27.75M	$57.63M
YoY Change	-157.56%	37.35%	-11.69%
Interest Expense	$60.84M	$194.0K	$66.56M
YoY Change	-8.6%	-95.59%	-26.39%
% of Operating Profit		0.7%	115.49%
Other Income/Expense, Net	$11.44M		-$15.78M
YoY Change	-172.54%		424.61%
Pretax Income	$11.44M	$33.24M	-$15.78M
YoY Change	-172.54%	36.23%	-148.45%
Income Tax	$3.599M	$404.0K	-$2.062M
% Of Pretax Income	31.45%	1.22%
Net Earnings	$25.70M	$32.84M	$54.75M
YoY Change	-53.05%	39.16%	-34.77%
Net Earnings / Revenue	15.98%	65.73%	46.55%
Basic Earnings Per Share	-$0.18	$0.58	$0.90
Diluted Earnings Per Share	-$0.18	$0.58	$0.90
COMMON SHARES
Basic Shares Outstanding	43.42M shares	44.49M shares	44.38M shares
Diluted Shares Outstanding	43.43M shares	44.51M shares	44.40M shares

Concept	2021	2020 Q4	2020
SHORT-TERM ASSETS
Cash & Short-Term Investments	$154.9M	$82.07M	$82.07M
YoY Change	88.77%	-5.88%	-5.93%
Cash & Equivalents	$154.9M	$82.07M	$82.07M
Short-Term Investments
Other Short-Term Assets	$13.60M	$8.538M	$8.538M
YoY Change	59.23%	61.09%	60.43%
Inventory
Prepaid Expenses
Receivables	$282.5M	$113.8M	$113.8M
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$451.0M	$204.5M	$204.5M
YoY Change	120.58%	3.05%	3.02%
LONG-TERM ASSETS
Property, Plant & Equipment	$140.6M	$42.58M	$42.58M
YoY Change	230.2%	-26.84%	-26.9%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$4.567B
YoY Change
Other Assets	$13.27M	$10.07M	$10.07M
YoY Change	31.78%	-54.02%	-53.97%
Total Long-Term Assets	$9.024B	$2.985B	$2.985B
YoY Change	202.27%	-10.68%	-10.68%
TOTAL ASSETS
Total Short-Term Assets	$451.0M	$204.5M	$204.5M
Total Long-Term Assets	$9.024B	$2.985B	$2.985B
Total Assets	$9.475B	$3.190B	$3.190B
YoY Change	197.03%	-9.91%	-9.91%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$12.71M	$5.100M	$5.125M
YoY Change	147.9%	-53.21%	-53.09%
Accrued Expenses	$2.692M	$2.110M	$2.110M
YoY Change	27.58%	-80.99%	-80.98%
Deferred Revenue
YoY Change
Short-Term Debt	$5.198B	$463.2M	$463.2M
YoY Change	1022.35%	-28.4%	-28.4%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$5.262B	$490.5M	$495.6M
YoY Change	961.64%	-27.93%	-27.18%
LONG-TERM LIABILITIES
Long-Term Debt	$2.373B	$1.686B	$1.686B
YoY Change	40.72%	-7.99%	-7.99%
Other Long-Term Liabilities	$32.30M	$403.0K	$403.0K
YoY Change	7913.65%	-74.81%	-74.51%
Total Long-Term Liabilities	$2.405B	$1.686B	$1.686B
YoY Change	42.61%	-8.05%	-8.05%
TOTAL LIABILITIES
Total Short-Term Liabilities	$5.262B	$490.5M	$495.6M
Total Long-Term Liabilities	$2.405B	$1.686B	$1.686B
Total Liabilities	$7.672B	$2.182B	$2.182B
YoY Change	251.61%	-13.23%	-13.23%
SHAREHOLDERS EQUITY
Retained Earnings		-$106.5M
YoY Change		23.85%
Common Stock		$446.0K
YoY Change		1.13%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$1.802B	$798.4M	$1.008B
YoY Change
Total Liabilities & Shareholders Equity	$9.475B	$3.190B	$3.190B
YoY Change	197.03%	-9.91%	-9.91%

Concept	2021	2020 Q4	2020
OPERATING ACTIVITIES
Net Income	$25.70M	$32.84M	$54.75M
YoY Change	-53.05%	39.16%	-34.77%
Depreciation, Depletion And Amortization	$2.107M	$468.0K	$2.233M
YoY Change	-5.64%	-6.4%
Cash From Operating Activities	$146.5M	-$80.06M	$115.3M
YoY Change	27.02%	-198.6%	154.21%
INVESTING ACTIVITIES
Capital Expenditures		$0.00	$0.00
YoY Change			-100.0%
Acquisitions
YoY Change
Other Investing Activities	$1.069B	$2.798M	$240.7M
YoY Change	344.04%	-100.81%	-124.9%
Cash From Investing Activities	$1.069B	$2.798M	$240.7M
YoY Change	344.04%	-100.81%	-124.83%
FINANCING ACTIVITIES
Cash Dividend Paid	$67.96M		$49.79M
YoY Change	36.48%		-17.86%
Common Stock Issuance & Retirement, Net	$11.42M		-$413.0K
YoY Change	-2864.41%		-99.33%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-$1.139B	64.90M	-$373.0M
YoY Change	205.41%	-79.88%	-145.02%
NET CHANGE
Cash From Operating Activities	$146.5M	-80.06M	$115.3M
Cash From Investing Activities	$1.069B	2.798M	$240.7M
Cash From Financing Activities	-$1.139B	64.90M	-$373.0M
Net Change In Cash	$76.06M	-12.36M	-$16.98M
YoY Change	-547.9%	-121.92%	-82.18%
FREE CASH FLOW
Cash From Operating Activities	$146.5M	-$80.06M	$115.3M
Capital Expenditures		$0.00	$0.00
Free Cash Flow		-$80.06M	$115.3M
YoY Change		-198.6%	140.88%

Frame	Concept Type	Concept / XBRL Key	Value	Unit
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CY2021	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2021
CY2021	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	FY
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CY2021	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2021	dei	Document Transition Report DocumentTransitionReport	false
CY2021	dei	Entity File Number EntityFileNumber	000-55188
CY2021	dei	Entity Registrant Name EntityRegistrantName	FRANKLIN BSP REALTY TRUST, INC.
CY2021	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	MD
CY2021	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	46-1406086
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CY2019	bsprt	Gain Loss On Sale Of Real Estate Owned Assets Held For Sale GainLossOnSaleOfRealEstateOwnedAssetsHeldForSale	0	USD
CY2021	bsprt	Gain Loss On Sale Of Mortgage Loans Fair Value Disclosure GainLossOnSaleOfMortgageLoansFairValueDisclosure	24208000	USD
CY2020	bsprt	Gain Loss On Sale Of Mortgage Loans Fair Value Disclosure GainLossOnSaleOfMortgageLoansFairValueDisclosure	15931000	USD
CY2019	bsprt	Gain Loss On Sale Of Mortgage Loans Fair Value Disclosure GainLossOnSaleOfMortgageLoansFairValueDisclosure	37832000	USD
CY2021	bsprt	Unrealized Gain Loss On Sale Of Mortgage Loans Fair Value Disclosure UnrealizedGainLossOnSaleOfMortgageLoansFairValueDisclosure	469000	USD
CY2020	bsprt	Unrealized Gain Loss On Sale Of Mortgage Loans Fair Value Disclosure UnrealizedGainLossOnSaleOfMortgageLoansFairValueDisclosure	-75000	USD
CY2019	bsprt	Unrealized Gain Loss On Sale Of Mortgage Loans Fair Value Disclosure UnrealizedGainLossOnSaleOfMortgageLoansFairValueDisclosure	312000	USD
CY2021	bsprt	Unrealized Gain Loss On Other Real Estate Owned Fair Value Disclosure UnrealizedGainLossOnOtherRealEstateOwnedFairValueDisclosure	-19000	USD
CY2020	bsprt	Unrealized Gain Loss On Other Real Estate Owned Fair Value Disclosure UnrealizedGainLossOnOtherRealEstateOwnedFairValueDisclosure	-32000	USD
CY2019	bsprt	Unrealized Gain Loss On Other Real Estate Owned Fair Value Disclosure UnrealizedGainLossOnOtherRealEstateOwnedFairValueDisclosure	47000	USD
CY2021	us-gaap	Trading Gains Losses TradingGainsLosses	-34752000	USD
CY2020	us-gaap	Trading Gains Losses TradingGainsLosses	0	USD
CY2019	us-gaap	Trading Gains Losses TradingGainsLosses	0	USD
CY2021	us-gaap	Unrealized Gain Loss On Derivatives UnrealizedGainLossOnDerivatives	7402000	USD
CY2020	us-gaap	Unrealized Gain Loss On Derivatives UnrealizedGainLossOnDerivatives	-995000	USD
CY2019	us-gaap	Unrealized Gain Loss On Derivatives UnrealizedGainLossOnDerivatives	1722000	USD
CY2021	us-gaap	Gain Loss On Derivative Instruments Net Pretax GainLossOnDerivativeInstrumentsNetPretax	484000	USD
CY2020	us-gaap	Gain Loss On Derivative Instruments Net Pretax GainLossOnDerivativeInstrumentsNetPretax	-12486000	USD
CY2019	us-gaap	Gain Loss On Derivative Instruments Net Pretax GainLossOnDerivativeInstrumentsNetPretax	-4324000	USD
CY2021	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	11443000	USD
CY2020	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-15775000	USD
CY2019	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	32557000	USD
CY2021	us-gaap	Income Loss Attributable To Parent IncomeLossAttributableToParent	29301000	USD
CY2020	us-gaap	Income Loss Attributable To Parent IncomeLossAttributableToParent	52684000	USD
CY2019	us-gaap	Income Loss Attributable To Parent IncomeLossAttributableToParent	88407000	USD
CY2021	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	3599000	USD
CY2020	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-2062000	USD
CY2019	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	4483000	USD
CY2021	us-gaap	Net Income Loss NetIncomeLoss	25702000	USD
CY2020	us-gaap	Net Income Loss NetIncomeLoss	54746000	USD
CY2019	us-gaap	Net Income Loss NetIncomeLoss	83924000	USD
CY2021	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-7885000	USD
CY2020	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	39826000	USD
CY2019	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	66914000	USD
CY2021	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.18
CY2020	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.90
CY2019	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.60
CY2021	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.18
CY2020	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.90
CY2019	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.60
CY2021	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	43419209	shares
CY2020	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	44384813	shares
CY2019	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	41859142	shares
CY2021	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	43434731	shares
CY2020	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	44398879	shares
CY2019	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	41871646	shares
CY2021	us-gaap	Net Income Loss NetIncomeLoss	25702000	USD
CY2020	us-gaap	Net Income Loss NetIncomeLoss	54746000	USD
CY2019	us-gaap	Net Income Loss NetIncomeLoss	83924000	USD
CY2021	us-gaap	Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent	8256000	USD
CY2020	us-gaap	Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent	-7278000	USD
CY2019	us-gaap	Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent	-978000	USD
CY2021	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax	-852000	USD
CY2020	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax	0	USD
CY2019	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax	0	USD
CY2021	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax	-790000	USD
CY2020	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax	0	USD
CY2019	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax	0	USD
CY2021	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax	8194000	USD
CY2020	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax	-7278000	USD
CY2019	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax	-978000	USD
CY2021	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	33896000	USD
CY2020	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	47468000	USD
CY2019	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	82946000	USD
CY2018Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	733228000	USD
CY2019	us-gaap	Stock Issued During Period Shares New Issues StockIssuedDuringPeriodSharesNewIssues	4601904	shares
CY2019	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	76892000	USD
CY2019	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	13813000	USD
CY2019	us-gaap	Stock Issued During Period Value Dividend Reinvestment Plan StockIssuedDuringPeriodValueDividendReinvestmentPlan	13910000	USD
CY2019	us-gaap	Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition	156000	USD
CY2019	us-gaap	Adjustments To Additional Paid In Capital Stock Issued Ownshare Lending Arrangement Issuance Costs AdjustmentsToAdditionalPaidInCapitalStockIssuedOwnshareLendingArrangementIssuanceCosts	-1347000	USD
CY2019	us-gaap	Net Income Loss NetIncomeLoss	83924000	USD
CY2019	us-gaap	Dividends Dividends	75626000	USD
CY2019	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-519000	USD
CY2019Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	816805000	USD
CY2020	us-gaap	Stock Issued During Period Shares New Issues StockIssuedDuringPeriodSharesNewIssues	650034	shares
CY2020	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	10886000	USD
CY2020	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	10259000	USD
CY2020	us-gaap	Stock Issued During Period Value Dividend Reinvestment Plan StockIssuedDuringPeriodValueDividendReinvestmentPlan	8814000	USD
CY2020	us-gaap	Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition	193000	USD
CY2020	us-gaap	Adjustments To Additional Paid In Capital Stock Issued Ownshare Lending Arrangement Issuance Costs AdjustmentsToAdditionalPaidInCapitalStockIssuedOwnshareLendingArrangementIssuanceCosts	-214000	USD
CY2020	us-gaap	Net Income Loss NetIncomeLoss	54746000	USD
CY2020	us-gaap	Dividends Dividends	67488000	USD
CY2020	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-7278000	USD
CY2020Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	798444000	USD
CY2021	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	11417000	USD
CY2021	us-gaap	Stock Issued During Period Value Dividend Reinvestment Plan StockIssuedDuringPeriodValueDividendReinvestmentPlan	5110000	USD
CY2021	us-gaap	Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition	211000	USD
CY2021	us-gaap	Adjustments To Additional Paid In Capital Stock Issued Ownshare Lending Arrangement Issuance Costs AdjustmentsToAdditionalPaidInCapitalStockIssuedOwnshareLendingArrangementIssuanceCosts	-68000	USD
CY2021	bsprt	Stock Issued During Period Value Reverse Stock Splits StockIssuedDuringPeriodValueReverseStockSplits	710431000	USD
CY2021	us-gaap	Stock Issued During Period Value Conversion Of Convertible Securities StockIssuedDuringPeriodValueConversionOfConvertibleSecurities	127603000	USD
CY2021	us-gaap	Net Income Loss NetIncomeLoss	25702000	USD
CY2021	us-gaap	Dividends Dividends	86410000	USD
CY2021	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	8194000	USD
CY2021	us-gaap	Noncontrolling Interest Increase From Business Combination NoncontrollingInterestIncreaseFromBusinessCombination	5764000	USD
CY2021Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1711401000	USD
CY2021	us-gaap	Net Income Loss NetIncomeLoss	25702000	USD
CY2020	us-gaap	Net Income Loss NetIncomeLoss	54746000	USD
CY2019	us-gaap	Net Income Loss NetIncomeLoss	83924000	USD
CY2021	us-gaap	Accretion Amortization Of Discounts And Premiums Investments AccretionAmortizationOfDiscountsAndPremiumsInvestments	7035000	USD
CY2020	us-gaap	Accretion Amortization Of Discounts And Premiums Investments AccretionAmortizationOfDiscountsAndPremiumsInvestments	5999000	USD
CY2019	us-gaap	Accretion Amortization Of Discounts And Premiums Investments AccretionAmortizationOfDiscountsAndPremiumsInvestments	6144000	USD
CY2021	us-gaap	Amortization Of Deferred Loan Origination Fees Net AmortizationOfDeferredLoanOriginationFeesNet	10139000	USD
CY2020	us-gaap	Amortization Of Deferred Loan Origination Fees Net AmortizationOfDeferredLoanOriginationFeesNet	6410000	USD
CY2019	us-gaap	Amortization Of Deferred Loan Origination Fees Net AmortizationOfDeferredLoanOriginationFeesNet	2754000	USD
CY2021	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	9203000	USD
CY2020	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	9585000	USD
CY2019	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	9584000	USD
CY2021	us-gaap	Share Based Compensation ShareBasedCompensation	211000	USD
CY2020	us-gaap	Share Based Compensation ShareBasedCompensation	193000	USD
CY2019	us-gaap	Share Based Compensation ShareBasedCompensation	156000	USD
CY2021	bsprt	Loss On Sale Of Securities Net LossOnSaleOfSecuritiesNet	1376000	USD
CY2020	bsprt	Loss On Sale Of Securities Net LossOnSaleOfSecuritiesNet	10137000	USD
CY2019	bsprt	Loss On Sale Of Securities Net LossOnSaleOfSecuritiesNet	0	USD
CY2021	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	9809000	USD
CY2020	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	1851000	USD
CY2019	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	0	USD
CY2021	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	0	USD
CY2020	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	3678000	USD
CY2019	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	0	USD
CY2021	bsprt	Derivative Instrument Gain Loss On Termination DerivativeInstrumentGainLossOnTermination	616000	USD
CY2020	bsprt	Derivative Instrument Gain Loss On Termination DerivativeInstrumentGainLossOnTermination	0	USD
CY2019	bsprt	Derivative Instrument Gain Loss On Termination DerivativeInstrumentGainLossOnTermination	0	USD
CY2021	us-gaap	Gain Loss On Sale Of Notes Receivable GainLossOnSaleOfNotesReceivable	469000	USD
CY2020	us-gaap	Gain Loss On Sale Of Notes Receivable GainLossOnSaleOfNotesReceivable	-75000	USD
CY2019	us-gaap	Gain Loss On Sale Of Notes Receivable GainLossOnSaleOfNotesReceivable	359000	USD
CY2021	us-gaap	Change In Unrealized Gain Loss On Fair Value Hedging Instruments1 ChangeInUnrealizedGainLossOnFairValueHedgingInstruments1	7402000	USD
CY2020	us-gaap	Change In Unrealized Gain Loss On Fair Value Hedging Instruments1 ChangeInUnrealizedGainLossOnFairValueHedgingInstruments1	-995000	USD
CY2019	us-gaap	Change In Unrealized Gain Loss On Fair Value Hedging Instruments1 ChangeInUnrealizedGainLossOnFairValueHedgingInstruments1	1722000	USD
CY2021	bsprt	Change In Unrealized Gain Loss On Other Real Estate Owned ChangeInUnrealizedGainLossOnOtherRealEstateOwned	-19000	USD
CY2020	bsprt	Change In Unrealized Gain Loss On Other Real Estate Owned ChangeInUnrealizedGainLossOnOtherRealEstateOwned	-32000	USD
CY2019	bsprt	Change In Unrealized Gain Loss On Other Real Estate Owned ChangeInUnrealizedGainLossOnOtherRealEstateOwned	0	USD
CY2021	us-gaap	Debt Securities Trading Gain Loss DebtSecuritiesTradingGainLoss	-34752000	USD
CY2020	us-gaap	Debt Securities Trading Gain Loss DebtSecuritiesTradingGainLoss	0	USD
CY2019	us-gaap	Debt Securities Trading Gain Loss DebtSecuritiesTradingGainLoss	0	USD
CY2021	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	2107000	USD
CY2020	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	2233000	USD
CY2019	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	0	USD
CY2021	us-gaap	Contract With Customer Liability Revenue Recognized ContractWithCustomerLiabilityRevenueRecognized	0	USD
CY2020	us-gaap	Contract With Customer Liability Revenue Recognized ContractWithCustomerLiabilityRevenueRecognized	150000	USD
CY2019	us-gaap	Contract With Customer Liability Revenue Recognized ContractWithCustomerLiabilityRevenueRecognized	0	USD
CY2021	us-gaap	Provision For Loan Losses Expensed ProvisionForLoanLossesExpensed	-5192000	USD
CY2020	us-gaap	Provision For Loan Losses Expensed ProvisionForLoanLossesExpensed	13296000	USD
CY2019	us-gaap	Provision For Loan Losses Expensed ProvisionForLoanLossesExpensed	3007000	USD
CY2021	us-gaap	Other Than Temporary Impairment Loss Debt Securities Available For Sale OtherThanTemporaryImpairmentLossDebtSecuritiesAvailableForSale	0	USD
CY2020	us-gaap	Other Than Temporary Impairment Loss Debt Securities Available For Sale OtherThanTemporaryImpairmentLossDebtSecuritiesAvailableForSale	398000	USD
CY2019	us-gaap	Other Than Temporary Impairment Loss Debt Securities Available For Sale OtherThanTemporaryImpairmentLossDebtSecuritiesAvailableForSale	0	USD
CY2021	us-gaap	Payments For Origination Of Mortgage Loans Held For Sale PaymentsForOriginationOfMortgageLoansHeldForSale	420673000	USD
CY2020	us-gaap	Payments For Origination Of Mortgage Loans Held For Sale PaymentsForOriginationOfMortgageLoansHeldForSale	267553000	USD
CY2019	us-gaap	Payments For Origination Of Mortgage Loans Held For Sale PaymentsForOriginationOfMortgageLoansHeldForSale	1020702000	USD
CY2021	us-gaap	Proceeds From Collection Of Mortgage Loans Held For Sale ProceedsFromCollectionOfMortgageLoansHeldForSale	454073000	USD
CY2020	us-gaap	Proceeds From Collection Of Mortgage Loans Held For Sale ProceedsFromCollectionOfMortgageLoansHeldForSale	312206000	USD
CY2019	us-gaap	Proceeds From Collection Of Mortgage Loans Held For Sale ProceedsFromCollectionOfMortgageLoansHeldForSale	975243000	USD
CY2021	bsprt	Increase Decrease In Deferred Compensation And Severance IncreaseDecreaseInDeferredCompensationAndSeverance	-22168000	USD
CY2020	bsprt	Increase Decrease In Deferred Compensation And Severance IncreaseDecreaseInDeferredCompensationAndSeverance	0	USD
CY2019	bsprt	Increase Decrease In Deferred Compensation And Severance IncreaseDecreaseInDeferredCompensationAndSeverance	0	USD
CY2021	us-gaap	Increase Decrease In Accrued Interest Receivable Net IncreaseDecreaseInAccruedInterestReceivableNet	4675000	USD
CY2020	us-gaap	Increase Decrease In Accrued Interest Receivable Net IncreaseDecreaseInAccruedInterestReceivableNet	-7423000	USD
CY2019	us-gaap	Increase Decrease In Accrued Interest Receivable Net IncreaseDecreaseInAccruedInterestReceivableNet	765000	USD
CY2021	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-94864000	USD
CY2020	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	7079000	USD
CY2019	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	4020000	USD
CY2021	us-gaap	Increase Decrease In Interest Payable Net IncreaseDecreaseInInterestPayableNet	3640000	USD
CY2020	us-gaap	Increase Decrease In Interest Payable Net IncreaseDecreaseInInterestPayableNet	-5837000	USD
CY2019	us-gaap	Increase Decrease In Interest Payable Net IncreaseDecreaseInInterestPayableNet	6428000	USD
CY2021	us-gaap	Increase Decrease In Due To Affiliates IncreaseDecreaseInDueToAffiliates	8013000	USD
CY2020	us-gaap	Increase Decrease In Due To Affiliates IncreaseDecreaseInDueToAffiliates	4736000	USD
CY2019	us-gaap	Increase Decrease In Due To Affiliates IncreaseDecreaseInDueToAffiliates	1560000	USD
CY2021	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	715000	USD
CY2020	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-2164000	USD
CY2019	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	1933000	USD
CY2021	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	146497000	USD
CY2020	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	115334000	USD
CY2019	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	45369000	USD
CY2021	bsprt	Proceeds From Asset Acquisition Net ProceedsFromAssetAcquisitionNet	174083000	USD
CY2020	bsprt	Proceeds From Asset Acquisition Net ProceedsFromAssetAcquisitionNet	0	USD
CY2019	bsprt	Proceeds From Asset Acquisition Net ProceedsFromAssetAcquisitionNet	0	USD
CY2021	us-gaap	Payments To Acquire Finance Receivables PaymentsToAcquireFinanceReceivables	2881852000	USD
CY2020	us-gaap	Payments To Acquire Finance Receivables PaymentsToAcquireFinanceReceivables	1281158000	USD
CY2019	us-gaap	Payments To Acquire Finance Receivables PaymentsToAcquireFinanceReceivables	1321644000	USD
CY2021	us-gaap	Proceeds From Collection Of Loans Receivable ProceedsFromCollectionOfLoansReceivable	1225645000	USD
CY2020	us-gaap	Proceeds From Collection Of Loans Receivable ProceedsFromCollectionOfLoansReceivable	1228225000	USD
CY2019	us-gaap	Proceeds From Collection Of Loans Receivable ProceedsFromCollectionOfLoansReceivable	756141000	USD
CY2021	us-gaap	Proceeds From Sale Of Other Real Estate ProceedsFromSaleOfOtherRealEstate	426000	USD
CY2020	us-gaap	Payments To Acquire Other Real Estate PaymentsToAcquireOtherRealEstate	0	USD
CY2019	us-gaap	Payments To Acquire Other Real Estate PaymentsToAcquireOtherRealEstate	2511000	USD
CY2021	bsprt	Payments To Acquire Real Estate Owned PaymentsToAcquireRealEstateOwned	134052000	USD
CY2020	bsprt	Payments To Acquire Real Estate Owned PaymentsToAcquireRealEstateOwned	2824000	USD
CY2019	bsprt	Payments To Acquire Real Estate Owned PaymentsToAcquireRealEstateOwned	42018000	USD
CY2021	bsprt	Proceeds From Sale Of Real Estate Owned Held For Sale ProceedsFromSaleOfRealEstateOwnedHeldForSale	29912000	USD
CY2020	bsprt	Proceeds From Sale Of Real Estate Owned Held For Sale ProceedsFromSaleOfRealEstateOwnedHeldForSale	22472000	USD
CY2019	bsprt	Proceeds From Sale Of Real Estate Owned Held For Sale ProceedsFromSaleOfRealEstateOwnedHeldForSale	0	USD
CY2021	bsprt	Proceeds From Sale Of Commercial Mortgage Loans Held For Sale ProceedsFromSaleOfCommercialMortgageLoansHeldForSale	52615000	USD
CY2020	bsprt	Proceeds From Sale Of Commercial Mortgage Loans Held For Sale ProceedsFromSaleOfCommercialMortgageLoansHeldForSale	77164000	USD
CY2019	bsprt	Proceeds From Sale Of Commercial Mortgage Loans Held For Sale ProceedsFromSaleOfCommercialMortgageLoansHeldForSale	0	USD
CY2021	us-gaap	Payments To Acquire Available For Sale Securities Debt PaymentsToAcquireAvailableForSaleSecuritiesDebt	0	USD
CY2020	us-gaap	Payments To Acquire Available For Sale Securities Debt PaymentsToAcquireAvailableForSaleSecuritiesDebt	148580000	USD
CY2019	us-gaap	Payments To Acquire Available For Sale Securities Debt PaymentsToAcquireAvailableForSaleSecuritiesDebt	369911000	USD
CY2021	us-gaap	Proceeds From Principal Repayments On Loans And Leases Held For Investment ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment		USD
CY2020	us-gaap	Proceeds From Principal Repayments On Loans And Leases Held For Investment ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment	0	USD
CY2019	us-gaap	Proceeds From Principal Repayments On Loans And Leases Held For Investment ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment	0	USD
CY2021	us-gaap	Proceeds From Sale Of Available For Sale Securities Debt ProceedsFromSaleOfAvailableForSaleSecuritiesDebt	2059418000	USD
CY2020	us-gaap	Proceeds From Sale Of Available For Sale Securities Debt ProceedsFromSaleOfAvailableForSaleSecuritiesDebt	346201000	USD
CY2019	us-gaap	Proceeds From Sale Of Available For Sale Securities Debt ProceedsFromSaleOfAvailableForSaleSecuritiesDebt	9369000	USD
CY2021	bsprt	Proceeds From Principal Collateral On Mortgage Investments ProceedsFromPrincipalCollateralOnMortgageInvestments	541313000	USD
CY2020	bsprt	Proceeds From Principal Collateral On Mortgage Investments ProceedsFromPrincipalCollateralOnMortgageInvestments	0	USD
CY2019	bsprt	Proceeds From Principal Collateral On Mortgage Investments ProceedsFromPrincipalCollateralOnMortgageInvestments	0	USD
CY2021	us-gaap	Proceeds From Derivative Instrument Investing Activities ProceedsFromDerivativeInstrumentInvestingActivities	1239000	USD
CY2020	us-gaap	Payments For Derivative Instrument Investing Activities PaymentsForDerivativeInstrumentInvestingActivities	813000	USD
CY2019	us-gaap	Proceeds From Derivative Instrument Investing Activities ProceedsFromDerivativeInstrumentInvestingActivities	1333000	USD
CY2021	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	1068747000	USD
CY2020	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	240687000	USD
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CY2019	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	13813000	USD
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CY2019	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	343191000	USD
CY2021	bsprt	Proceeds From Securities Purchased Under Agreements To Resell Loans Receivable ProceedsFromSecuritiesPurchasedUnderAgreementsToResellLoansReceivable	1874694000	USD
CY2020	bsprt	Proceeds From Securities Purchased Under Agreements To Resell Loans Receivable ProceedsFromSecuritiesPurchasedUnderAgreementsToResellLoansReceivable	682970000	USD
CY2019	bsprt	Proceeds From Securities Purchased Under Agreements To Resell Loans Receivable ProceedsFromSecuritiesPurchasedUnderAgreementsToResellLoansReceivable	1035524000	USD
CY2021	bsprt	Payments From Securities Purchased Under Agreements To Resell Loans Receivable PaymentsFromSecuritiesPurchasedUnderAgreementsToResellLoansReceivable	1131434000	USD
CY2020	bsprt	Payments From Securities Purchased Under Agreements To Resell Loans Receivable PaymentsFromSecuritiesPurchasedUnderAgreementsToResellLoansReceivable	659173000	USD
CY2019	bsprt	Payments From Securities Purchased Under Agreements To Resell Loans Receivable PaymentsFromSecuritiesPurchasedUnderAgreementsToResellLoansReceivable	932420000	USD
CY2021	bsprt	Proceeds From Real Estate Security Repurchase Agreements ProceedsFromRealEstateSecurityRepurchaseAgreements	13553886000	USD
CY2020	bsprt	Proceeds From Real Estate Security Repurchase Agreements ProceedsFromRealEstateSecurityRepurchaseAgreements	2675218000	USD
CY2019	bsprt	Proceeds From Real Estate Security Repurchase Agreements ProceedsFromRealEstateSecurityRepurchaseAgreements	1570331000	USD
CY2021	bsprt	Payments For Real Estate Security Repurchase Agreements PaymentsForRealEstateSecurityRepurchaseAgreements	15983193000	USD
CY2020	bsprt	Payments For Real Estate Security Repurchase Agreements PaymentsForRealEstateSecurityRepurchaseAgreements	2882749000	USD
CY2019	bsprt	Payments For Real Estate Security Repurchase Agreements PaymentsForRealEstateSecurityRepurchaseAgreements	1220511000	USD
CY2021	us-gaap	Proceeds From Other Debt ProceedsFromOtherDebt	6524000	USD
CY2020	us-gaap	Proceeds From Other Debt ProceedsFromOtherDebt	31379000	USD
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CY2019	us-gaap	Repayments Of Unsecured Debt RepaymentsOfUnsecuredDebt	0	USD
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CY2020	us-gaap	Proceeds From Notes Payable ProceedsFromNotesPayable	11712000	USD
CY2019	us-gaap	Proceeds From Notes Payable ProceedsFromNotesPayable	29167000	USD
CY2021	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	9285000	USD
CY2020	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	349000	USD
CY2019	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	4540000	USD
CY2021	bsprt	Proceeds From Cash Collateral Received On Derivative Instruments ProceedsFromCashCollateralReceivedOnDerivativeInstruments	11138000	USD
CY2020	bsprt	Proceeds From Cash Collateral Received On Derivative Instruments ProceedsFromCashCollateralReceivedOnDerivativeInstruments	0	USD
CY2019	bsprt	Proceeds From Cash Collateral Received On Derivative Instruments ProceedsFromCashCollateralReceivedOnDerivativeInstruments	0	USD
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CY2021	us-gaap	Payments Of Dividends PaymentsOfDividends	67955000	USD
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CY2020	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-16981000	USD
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CY2019Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	109122000	USD
CY2018Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	204419000	USD
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	168199000	USD
CY2020Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	92141000	USD
CY2019Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	109122000	USD
CY2021	us-gaap	Income Taxes Paid IncomeTaxesPaid	140000	USD
CY2020	us-gaap	Income Taxes Paid IncomeTaxesPaid	4400000	USD
CY2019	us-gaap	Income Taxes Paid IncomeTaxesPaid	0	USD
CY2021	us-gaap	Interest Paid Net InterestPaidNet	51050000	USD
CY2020	us-gaap	Interest Paid Net InterestPaidNet	59819000	USD
CY2019	us-gaap	Interest Paid Net InterestPaidNet	78901000	USD
CY2021	bsprt	Common Stock Issued Dividend Reinvestment Investment Plan CommonStockIssuedDividendReinvestmentInvestmentPlan	5110000	USD
CY2019	bsprt	Common Stock Issued Dividend Reinvestment Investment Plan CommonStockIssuedDividendReinvestmentInvestmentPlan	13903000	USD
CY2021	us-gaap	Financing Receivable Reclassification To Held For Sale FinancingReceivableReclassificationToHeldForSale	52615000	USD
CY2020	us-gaap	Financing Receivable Reclassification To Held For Sale FinancingReceivableReclassificationToHeldForSale	76979000	USD
CY2019	us-gaap	Financing Receivable Reclassification To Held For Sale FinancingReceivableReclassificationToHeldForSale	0	USD
CY2021Q4	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	30346000	USD
CY2020Q4	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	15688000	USD
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CY2021	us-gaap	Transfer Of Loans Held For Sale To Portfolio Loans1 TransferOfLoansHeldForSaleToPortfolioLoans1	0	USD
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CY2019	us-gaap	Transfer Of Loans Held For Sale To Portfolio Loans1 TransferOfLoansHeldForSaleToPortfolioLoans1	10072000	USD
CY2021	us-gaap	Transfer To Other Real Estate TransferToOtherRealEstate	0	USD
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CY2019	us-gaap	Transfer To Other Real Estate TransferToOtherRealEstate	8110000	USD
CY2021	bsprt	Stock Issued Merger Common Stock StockIssuedMergerCommonStock	579526000	USD
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CY2021	bsprt	Stock Issued Merger Preferred Stock StockIssuedMergerPreferredStock	258742000	USD
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CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	168199000	USD
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Stockholders Equity Note Stock Split Conversion Ratio1

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Entity Registrant Name

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FRANKLIN BSP REALTY TRUST, INC.

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Entity Incorporation State Country Code

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MD

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46-1406086

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Entity Address Address Line1

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1345 Avenue of the Americas

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New York

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NY

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588-6770

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Series F Convertible Preferred Stock, par value $0.01 per share

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Entity Well Known Seasoned Issuer

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Mortgages Held For Sale Fair Value Disclosure

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Mortgages Held For Sale Fair Value Disclosure

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USD

CY2020Q4

us-gaap

Retained Earnings Accumulated Deficit

RetainedEarningsAccumulatedDeficit

-106471000

USD

CY2021Q4

us-gaap

Stockholders Equity

StockholdersEquity

1705637000

USD

CY2020Q4

us-gaap

Stockholders Equity

StockholdersEquity

798444000

USD

CY2021Q4

us-gaap

Minority Interest

MinorityInterest

5764000

USD

CY2020Q4

us-gaap

Minority Interest

MinorityInterest

0

USD

CY2021Q4

us-gaap

Stockholders Equity Including Portion Attributable To Noncontrolling Interest

StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest

1711401000

USD

CY2020Q4

us-gaap

Stockholders Equity Including Portion Attributable To Noncontrolling Interest

StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest

798444000

USD

CY2021Q4

us-gaap

Liabilities And Stockholders Equity

LiabilitiesAndStockholdersEquity

9474701000

USD

CY2020Q4

us-gaap

Liabilities And Stockholders Equity

LiabilitiesAndStockholdersEquity

3189761000

USD

CY2021Q4

bsprt

Residential Mortgage Backed Securities Principal Paydowns Receivable

ResidentialMortgageBackedSecuritiesPrincipalPaydownsReceivable

65300000

USD

CY2021

us-gaap

Interest And Dividend Income Operating

InterestAndDividendIncomeOperating

216890000

USD

CY2020

us-gaap

Interest And Dividend Income Operating

InterestAndDividendIncomeOperating

179872000

USD

CY2019

us-gaap

Interest And Dividend Income Operating

InterestAndDividendIncomeOperating

195299000

USD

CY2021

us-gaap

Interest Expense Deposits

InterestExpenseDeposits

60835000

USD

CY2020

us-gaap

Interest Expense Deposits

InterestExpenseDeposits

66556000

USD

CY2019

us-gaap

Interest Expense Deposits

InterestExpenseDeposits

90418000

USD

CY2021

us-gaap

Interest Income Expense Net

InterestIncomeExpenseNet

156055000

USD

CY2020

us-gaap

Interest Income Expense Net

InterestIncomeExpenseNet

113316000

USD

CY2019

us-gaap

Interest Income Expense Net

InterestIncomeExpenseNet

104881000

USD

CY2021

us-gaap

Revenue From Contract With Customer Excluding Assessed Tax

RevenueFromContractWithCustomerExcludingAssessedTax

4759000

USD

CY2020

us-gaap

Revenue From Contract With Customer Excluding Assessed Tax

RevenueFromContractWithCustomerExcludingAssessedTax

4299000

USD

CY2019

us-gaap

Revenue From Contract With Customer Excluding Assessed Tax

RevenueFromContractWithCustomerExcludingAssessedTax

3169000

USD

CY2021

us-gaap

Revenues

160814000

USD

CY2020

us-gaap

Revenues

117615000

USD

CY2019

us-gaap

Revenues

108050000

USD

CY2021

bsprt

Asset Management And Subordinated Performance Fees

AssetManagementAndSubordinatedPerformanceFees

28110000

USD

CY2020

bsprt

Asset Management And Subordinated Performance Fees

AssetManagementAndSubordinatedPerformanceFees

15178000

USD

CY2019

bsprt

Asset Management And Subordinated Performance Fees

AssetManagementAndSubordinatedPerformanceFees

16226000

USD

CY2021

us-gaap

Business Combination Acquisition Related Costs

BusinessCombinationAcquisitionRelatedCosts

1203000

USD

CY2020

us-gaap

Business Combination Acquisition Related Costs

BusinessCombinationAcquisitionRelatedCosts

696000

USD

CY2019

us-gaap

Business Combination Acquisition Related Costs

BusinessCombinationAcquisitionRelatedCosts

900000

USD

CY2021

us-gaap

General And Administrative Expense

GeneralAndAdministrativeExpense

7658000

USD

CY2020

us-gaap

General And Administrative Expense

GeneralAndAdministrativeExpense

13120000

USD

CY2019

us-gaap

General And Administrative Expense

GeneralAndAdministrativeExpense

16363000

USD

CY2021

bsprt

Asset Acquisition Impairment

AssetAcquisitionImpairment

88282000

USD

CY2020

bsprt

Asset Acquisition Impairment

AssetAcquisitionImpairment

0

USD

CY2019

bsprt

Asset Acquisition Impairment

AssetAcquisitionImpairment

0

USD

CY2021

us-gaap

Professional Fees

ProfessionalFees

11650000

USD

CY2020

us-gaap

Professional Fees

ProfessionalFees

10964000

USD

CY2019

us-gaap

Professional Fees

ProfessionalFees

11631000

USD

CY2021

bsprt

Operating Expense Real Estate Owned

OperatingExpenseRealEstateOwned

0

USD

CY2020

bsprt

Operating Expense Real Estate Owned

OperatingExpenseRealEstateOwned

3653000

USD

CY2019

bsprt

Operating Expense Real Estate Owned

OperatingExpenseRealEstateOwned

2802000

USD

CY2021

us-gaap

Depreciation And Amortization

DepreciationAndAmortization

2107000

USD

CY2020

us-gaap

Depreciation And Amortization

DepreciationAndAmortization

2233000

USD

CY2019

us-gaap

Depreciation And Amortization

DepreciationAndAmortization

507000

USD

CY2021

us-gaap

Other General Expense

OtherGeneralExpense

3946000

USD

CY2020

us-gaap

Other General Expense

OtherGeneralExpense

3312000

USD

CY2019

us-gaap

Other General Expense

OtherGeneralExpense

3771000

USD

CY2021

us-gaap

Operating Expenses

OperatingExpenses

142956000

USD

CY2020

us-gaap

Operating Expenses

OperatingExpenses

49156000

USD

CY2019

us-gaap

Operating Expenses

OperatingExpenses

52200000

USD

CY2021

us-gaap

Provision For Loan Losses Expensed

ProvisionForLoanLossesExpensed

-5192000

USD

CY2020

us-gaap

Provision For Loan Losses Expensed

ProvisionForLoanLossesExpensed

13296000

USD

CY2019

us-gaap

Provision For Loan Losses Expensed

ProvisionForLoanLossesExpensed

3007000

USD

CY2021

bsprt

Impairment Of Other Real Estate Owned

ImpairmentOfOtherRealEstateOwned

0

USD

CY2020

bsprt

Impairment Of Other Real Estate Owned

ImpairmentOfOtherRealEstateOwned

398000

USD

CY2019

bsprt

Impairment Of Other Real Estate Owned

ImpairmentOfOtherRealEstateOwned

0

USD

CY2021

us-gaap

Gains Losses On Extinguishment Of Debt

GainsLossesOnExtinguishmentOfDebt

0

USD

CY2020

us-gaap

Gains Losses On Extinguishment Of Debt

GainsLossesOnExtinguishmentOfDebt

3678000

USD

CY2019

us-gaap

Gains Losses On Extinguishment Of Debt

GainsLossesOnExtinguishmentOfDebt

0

USD

CY2021

us-gaap

Debt And Equity Securities Gain Loss

DebtAndEquitySecuritiesGainLoss

-1376000

USD

CY2020

us-gaap

Debt And Equity Securities Gain Loss

DebtAndEquitySecuritiesGainLoss

-10137000

USD

CY2019

us-gaap

Debt And Equity Securities Gain Loss

DebtAndEquitySecuritiesGainLoss

0

USD

CY2021

us-gaap

Gain Loss On Sale Of Mortgage Loans

GainLossOnSaleOfMortgageLoans

26000

USD

CY2020

us-gaap

Gain Loss On Sale Of Mortgage Loans

GainLossOnSaleOfMortgageLoans

184000

USD

CY2019

us-gaap

Gain Loss On Sale Of Mortgage Loans

GainLossOnSaleOfMortgageLoans

-25000

USD

CY2021

bsprt

Gain Loss On Sale Of Real Estate Owned Assets Held For Sale

GainLossOnSaleOfRealEstateOwnedAssetsHeldForSale

9809000

USD

CY2020

bsprt

Gain Loss On Sale Of Real Estate Owned Assets Held For Sale

GainLossOnSaleOfRealEstateOwnedAssetsHeldForSale

1851000

USD

CY2019

bsprt

Gain Loss On Sale Of Real Estate Owned Assets Held For Sale

GainLossOnSaleOfRealEstateOwnedAssetsHeldForSale

0

USD

CY2021

bsprt

Gain Loss On Sale Of Mortgage Loans Fair Value Disclosure

GainLossOnSaleOfMortgageLoansFairValueDisclosure

24208000

USD

CY2020

bsprt

Gain Loss On Sale Of Mortgage Loans Fair Value Disclosure

GainLossOnSaleOfMortgageLoansFairValueDisclosure

15931000

USD

CY2019

bsprt

Gain Loss On Sale Of Mortgage Loans Fair Value Disclosure

GainLossOnSaleOfMortgageLoansFairValueDisclosure

37832000

USD

CY2021

bsprt

Unrealized Gain Loss On Sale Of Mortgage Loans Fair Value Disclosure

UnrealizedGainLossOnSaleOfMortgageLoansFairValueDisclosure

469000

USD

CY2020

bsprt

Unrealized Gain Loss On Sale Of Mortgage Loans Fair Value Disclosure

UnrealizedGainLossOnSaleOfMortgageLoansFairValueDisclosure

-75000

USD

CY2019

bsprt

Unrealized Gain Loss On Sale Of Mortgage Loans Fair Value Disclosure

UnrealizedGainLossOnSaleOfMortgageLoansFairValueDisclosure

312000

USD

CY2021

bsprt

Unrealized Gain Loss On Other Real Estate Owned Fair Value Disclosure

UnrealizedGainLossOnOtherRealEstateOwnedFairValueDisclosure

-19000

USD

CY2020

bsprt

Unrealized Gain Loss On Other Real Estate Owned Fair Value Disclosure

UnrealizedGainLossOnOtherRealEstateOwnedFairValueDisclosure

-32000

USD

CY2019

bsprt

Unrealized Gain Loss On Other Real Estate Owned Fair Value Disclosure

UnrealizedGainLossOnOtherRealEstateOwnedFairValueDisclosure

47000

USD

CY2021

us-gaap

Trading Gains Losses

TradingGainsLosses

-34752000

USD

CY2020

us-gaap

Trading Gains Losses

TradingGainsLosses

0

USD

CY2019

us-gaap

Trading Gains Losses

TradingGainsLosses

0

USD

CY2021

us-gaap

Unrealized Gain Loss On Derivatives

UnrealizedGainLossOnDerivatives

7402000

USD

CY2020

us-gaap

Unrealized Gain Loss On Derivatives

UnrealizedGainLossOnDerivatives

-995000

USD

CY2019

us-gaap

Unrealized Gain Loss On Derivatives

UnrealizedGainLossOnDerivatives

1722000

USD

CY2021

us-gaap

Gain Loss On Derivative Instruments Net Pretax

GainLossOnDerivativeInstrumentsNetPretax

484000

USD

CY2020

us-gaap

Gain Loss On Derivative Instruments Net Pretax

GainLossOnDerivativeInstrumentsNetPretax

-12486000

USD

CY2019

us-gaap

Gain Loss On Derivative Instruments Net Pretax

GainLossOnDerivativeInstrumentsNetPretax

-4324000

USD

CY2021

us-gaap

Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest

IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

11443000

USD

CY2020

us-gaap

Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest

IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

-15775000

USD

CY2019

us-gaap

Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest

IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

32557000

USD

CY2021

us-gaap

Income Loss Attributable To Parent

IncomeLossAttributableToParent

29301000

USD

CY2020

us-gaap

Income Loss Attributable To Parent

IncomeLossAttributableToParent

52684000

USD

CY2019

us-gaap

Income Loss Attributable To Parent

IncomeLossAttributableToParent

88407000

USD

CY2021

us-gaap

Income Tax Expense Benefit

IncomeTaxExpenseBenefit

3599000

USD

CY2020

us-gaap

Income Tax Expense Benefit

IncomeTaxExpenseBenefit

-2062000

USD

CY2019

us-gaap

Income Tax Expense Benefit

IncomeTaxExpenseBenefit

4483000

USD

CY2021

us-gaap

Net Income Loss

NetIncomeLoss

25702000

USD

CY2020

us-gaap

Net Income Loss

NetIncomeLoss

54746000

USD

CY2019

us-gaap

Net Income Loss

NetIncomeLoss

83924000

USD

CY2021

us-gaap

Net Income Loss Available To Common Stockholders Basic

NetIncomeLossAvailableToCommonStockholdersBasic

-7885000

USD

CY2020

us-gaap

Net Income Loss Available To Common Stockholders Basic

NetIncomeLossAvailableToCommonStockholdersBasic

39826000

USD

CY2019

us-gaap

Net Income Loss Available To Common Stockholders Basic

NetIncomeLossAvailableToCommonStockholdersBasic

66914000

USD

CY2021

us-gaap

Earnings Per Share Basic

EarningsPerShareBasic

-0.18

CY2020

us-gaap

Earnings Per Share Basic

EarningsPerShareBasic

0.90

CY2019

us-gaap

Earnings Per Share Basic

EarningsPerShareBasic

1.60

CY2021

us-gaap

Earnings Per Share Diluted

EarningsPerShareDiluted

-0.18

CY2020

us-gaap

Earnings Per Share Diluted

EarningsPerShareDiluted

0.90

CY2019

us-gaap

Earnings Per Share Diluted

EarningsPerShareDiluted

1.60

CY2021

us-gaap

Weighted Average Number Of Shares Outstanding Basic

WeightedAverageNumberOfSharesOutstandingBasic

43419209

shares

CY2020

us-gaap

Weighted Average Number Of Shares Outstanding Basic

WeightedAverageNumberOfSharesOutstandingBasic

44384813

shares

CY2019

us-gaap

Weighted Average Number Of Shares Outstanding Basic

WeightedAverageNumberOfSharesOutstandingBasic

41859142

shares

CY2021

us-gaap

Weighted Average Number Of Diluted Shares Outstanding

WeightedAverageNumberOfDilutedSharesOutstanding

43434731

shares

CY2020

us-gaap

Weighted Average Number Of Diluted Shares Outstanding

WeightedAverageNumberOfDilutedSharesOutstanding

44398879

shares

CY2019

us-gaap

Weighted Average Number Of Diluted Shares Outstanding

WeightedAverageNumberOfDilutedSharesOutstanding

41871646

shares

CY2021

us-gaap

Net Income Loss

NetIncomeLoss

25702000

USD

CY2020

us-gaap

Net Income Loss

NetIncomeLoss

54746000

USD

CY2019

us-gaap

Net Income Loss

NetIncomeLoss

83924000

USD

CY2021

us-gaap

Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent

OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent

8256000

USD

CY2020

us-gaap

Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent

OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent

-7278000

USD

CY2019

us-gaap

Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent

OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent

-978000

USD

CY2021

us-gaap

Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax

OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax

-852000

USD

CY2020

us-gaap

Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax

OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax

0

USD

CY2019

us-gaap

Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax

OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax

0

USD

CY2021

us-gaap

Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax

OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax

-790000

USD

CY2020

us-gaap

Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax

OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax

0

USD

CY2019

us-gaap

Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax

OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax

0

USD

CY2021

us-gaap

Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax

OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax

8194000

USD

CY2020

us-gaap

Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax

OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax

-7278000

USD

CY2019

us-gaap

Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax

OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax

-978000

USD

CY2021

us-gaap

Comprehensive Income Net Of Tax

ComprehensiveIncomeNetOfTax

33896000

USD

CY2020

us-gaap

Comprehensive Income Net Of Tax

ComprehensiveIncomeNetOfTax

47468000

USD

CY2019

us-gaap

Comprehensive Income Net Of Tax

ComprehensiveIncomeNetOfTax

82946000

USD

CY2018Q4

us-gaap

Stockholders Equity Including Portion Attributable To Noncontrolling Interest

StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest

733228000

USD

CY2019

us-gaap

Stock Issued During Period Shares New Issues

StockIssuedDuringPeriodSharesNewIssues

4601904

shares

CY2019

us-gaap

Stock Issued During Period Value New Issues

StockIssuedDuringPeriodValueNewIssues

76892000

USD

CY2019

us-gaap

Stock Repurchased During Period Value

StockRepurchasedDuringPeriodValue

13813000

USD

CY2019

us-gaap

Stock Issued During Period Value Dividend Reinvestment Plan

StockIssuedDuringPeriodValueDividendReinvestmentPlan

13910000

USD

CY2019

us-gaap

Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition

AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition

156000

USD

CY2019

us-gaap

Adjustments To Additional Paid In Capital Stock Issued Ownshare Lending Arrangement Issuance Costs

AdjustmentsToAdditionalPaidInCapitalStockIssuedOwnshareLendingArrangementIssuanceCosts

-1347000

USD

CY2019

us-gaap

Net Income Loss

NetIncomeLoss

83924000

USD

CY2019

us-gaap

Dividends

75626000

USD

CY2019

us-gaap

Other Comprehensive Income Loss Net Of Tax

OtherComprehensiveIncomeLossNetOfTax

-519000

USD

CY2019Q4

us-gaap

Stockholders Equity Including Portion Attributable To Noncontrolling Interest

StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest

816805000

USD

CY2020

us-gaap

Stock Issued During Period Shares New Issues

StockIssuedDuringPeriodSharesNewIssues

650034

shares

CY2020

us-gaap

Stock Issued During Period Value New Issues

StockIssuedDuringPeriodValueNewIssues

10886000

USD

CY2020

us-gaap

Stock Repurchased During Period Value

StockRepurchasedDuringPeriodValue

10259000

USD

CY2020

us-gaap

Stock Issued During Period Value Dividend Reinvestment Plan

StockIssuedDuringPeriodValueDividendReinvestmentPlan

8814000

USD

CY2020

us-gaap

Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition

AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition

193000

USD

CY2020

us-gaap

Adjustments To Additional Paid In Capital Stock Issued Ownshare Lending Arrangement Issuance Costs

AdjustmentsToAdditionalPaidInCapitalStockIssuedOwnshareLendingArrangementIssuanceCosts

-214000

USD

CY2020

us-gaap

Net Income Loss

NetIncomeLoss

54746000

USD

CY2020

us-gaap

Dividends

67488000

USD

CY2020

us-gaap

Other Comprehensive Income Loss Net Of Tax

OtherComprehensiveIncomeLossNetOfTax

-7278000

USD

CY2020Q4

us-gaap

Stockholders Equity Including Portion Attributable To Noncontrolling Interest

StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest

798444000

USD

CY2021

us-gaap

Stock Repurchased During Period Value

StockRepurchasedDuringPeriodValue

11417000

USD

CY2021

us-gaap

Stock Issued During Period Value Dividend Reinvestment Plan

StockIssuedDuringPeriodValueDividendReinvestmentPlan

5110000

USD

CY2021

us-gaap

Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition

AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition

211000

USD

CY2021

us-gaap

Adjustments To Additional Paid In Capital Stock Issued Ownshare Lending Arrangement Issuance Costs

AdjustmentsToAdditionalPaidInCapitalStockIssuedOwnshareLendingArrangementIssuanceCosts

-68000

USD

CY2021

bsprt

Stock Issued During Period Value Reverse Stock Splits

StockIssuedDuringPeriodValueReverseStockSplits

710431000

USD

CY2021

us-gaap

Stock Issued During Period Value Conversion Of Convertible Securities

StockIssuedDuringPeriodValueConversionOfConvertibleSecurities

127603000

USD

CY2021

us-gaap

Net Income Loss

NetIncomeLoss

25702000

USD

CY2021

us-gaap

Dividends

86410000

USD

CY2021

us-gaap

Other Comprehensive Income Loss Net Of Tax

OtherComprehensiveIncomeLossNetOfTax

8194000

USD

CY2021

us-gaap

Noncontrolling Interest Increase From Business Combination

NoncontrollingInterestIncreaseFromBusinessCombination

5764000

USD

CY2021Q4

us-gaap

Stockholders Equity Including Portion Attributable To Noncontrolling Interest

StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest

1711401000

USD

CY2021

us-gaap

Net Income Loss

NetIncomeLoss

25702000

USD

CY2020

us-gaap

Net Income Loss

NetIncomeLoss

54746000

USD

CY2019

us-gaap

Net Income Loss

NetIncomeLoss

83924000

USD

CY2021

us-gaap

Accretion Amortization Of Discounts And Premiums Investments

AccretionAmortizationOfDiscountsAndPremiumsInvestments

7035000

USD

CY2020

us-gaap

Accretion Amortization Of Discounts And Premiums Investments

AccretionAmortizationOfDiscountsAndPremiumsInvestments

5999000

USD

CY2019

us-gaap

Accretion Amortization Of Discounts And Premiums Investments

AccretionAmortizationOfDiscountsAndPremiumsInvestments

6144000

USD

CY2021

us-gaap

Amortization Of Deferred Loan Origination Fees Net

AmortizationOfDeferredLoanOriginationFeesNet

10139000

USD

CY2020

us-gaap

Amortization Of Deferred Loan Origination Fees Net

AmortizationOfDeferredLoanOriginationFeesNet

6410000

USD

CY2019

us-gaap

Amortization Of Deferred Loan Origination Fees Net

AmortizationOfDeferredLoanOriginationFeesNet

2754000

USD

CY2021

us-gaap

Amortization Of Financing Costs

AmortizationOfFinancingCosts

9203000

USD

CY2020

us-gaap

Amortization Of Financing Costs

AmortizationOfFinancingCosts

9585000

USD

CY2019

us-gaap

Amortization Of Financing Costs

AmortizationOfFinancingCosts

9584000

USD

CY2021

us-gaap

Share Based Compensation

ShareBasedCompensation

211000

USD

CY2020

us-gaap

Share Based Compensation

ShareBasedCompensation

193000

USD

CY2019

us-gaap

Share Based Compensation

ShareBasedCompensation

156000

USD

CY2021

bsprt

Loss On Sale Of Securities Net

LossOnSaleOfSecuritiesNet

1376000

USD

CY2020

bsprt

Loss On Sale Of Securities Net

LossOnSaleOfSecuritiesNet

10137000

USD

CY2019

bsprt

Loss On Sale Of Securities Net

LossOnSaleOfSecuritiesNet

0

USD

CY2021

us-gaap

Gains Losses On Sales Of Investment Real Estate

GainsLossesOnSalesOfInvestmentRealEstate

9809000

USD

CY2020

us-gaap

Gains Losses On Sales Of Investment Real Estate

GainsLossesOnSalesOfInvestmentRealEstate

1851000

USD

CY2019

us-gaap

Gains Losses On Sales Of Investment Real Estate

GainsLossesOnSalesOfInvestmentRealEstate

0

USD

CY2021

us-gaap

Gains Losses On Extinguishment Of Debt

GainsLossesOnExtinguishmentOfDebt

0

USD

CY2020

us-gaap

Gains Losses On Extinguishment Of Debt

GainsLossesOnExtinguishmentOfDebt

3678000

USD

CY2019

us-gaap

Gains Losses On Extinguishment Of Debt

GainsLossesOnExtinguishmentOfDebt

0

USD

CY2021

bsprt

Derivative Instrument Gain Loss On Termination

DerivativeInstrumentGainLossOnTermination

616000

USD

CY2020

bsprt

Derivative Instrument Gain Loss On Termination

DerivativeInstrumentGainLossOnTermination

0

USD

CY2019

bsprt

Derivative Instrument Gain Loss On Termination

DerivativeInstrumentGainLossOnTermination

0

USD

CY2021

us-gaap

Gain Loss On Sale Of Notes Receivable

GainLossOnSaleOfNotesReceivable

469000

USD

CY2020

us-gaap

Gain Loss On Sale Of Notes Receivable

GainLossOnSaleOfNotesReceivable

-75000

USD

CY2019

us-gaap

Gain Loss On Sale Of Notes Receivable

GainLossOnSaleOfNotesReceivable

359000

USD

CY2021

us-gaap

Change In Unrealized Gain Loss On Fair Value Hedging Instruments1

ChangeInUnrealizedGainLossOnFairValueHedgingInstruments1

7402000

USD

CY2020

us-gaap

Change In Unrealized Gain Loss On Fair Value Hedging Instruments1

ChangeInUnrealizedGainLossOnFairValueHedgingInstruments1

-995000

USD

CY2019

us-gaap

Change In Unrealized Gain Loss On Fair Value Hedging Instruments1

ChangeInUnrealizedGainLossOnFairValueHedgingInstruments1

1722000

USD

CY2021

bsprt

Change In Unrealized Gain Loss On Other Real Estate Owned

ChangeInUnrealizedGainLossOnOtherRealEstateOwned

-19000

USD

CY2020

bsprt

Change In Unrealized Gain Loss On Other Real Estate Owned

ChangeInUnrealizedGainLossOnOtherRealEstateOwned

-32000

USD

CY2019

bsprt

Change In Unrealized Gain Loss On Other Real Estate Owned

ChangeInUnrealizedGainLossOnOtherRealEstateOwned

0

USD

CY2021

us-gaap

Debt Securities Trading Gain Loss

DebtSecuritiesTradingGainLoss

-34752000

USD

CY2020

us-gaap

Debt Securities Trading Gain Loss

DebtSecuritiesTradingGainLoss

0

USD

CY2019

us-gaap

Debt Securities Trading Gain Loss

DebtSecuritiesTradingGainLoss

0

USD

CY2021

us-gaap

Depreciation Depletion And Amortization

DepreciationDepletionAndAmortization

2107000

USD

CY2020

us-gaap

Depreciation Depletion And Amortization

DepreciationDepletionAndAmortization

2233000

USD

CY2019

us-gaap

Depreciation Depletion And Amortization

DepreciationDepletionAndAmortization

0

USD

CY2021

us-gaap

Contract With Customer Liability Revenue Recognized

ContractWithCustomerLiabilityRevenueRecognized

0

USD

CY2020

us-gaap

Contract With Customer Liability Revenue Recognized

ContractWithCustomerLiabilityRevenueRecognized

150000

USD

CY2019

us-gaap

Contract With Customer Liability Revenue Recognized

ContractWithCustomerLiabilityRevenueRecognized

0

USD

CY2021

us-gaap

Provision For Loan Losses Expensed

ProvisionForLoanLossesExpensed

-5192000

USD

CY2020

us-gaap

Provision For Loan Losses Expensed

ProvisionForLoanLossesExpensed

13296000

USD

CY2019

us-gaap

Provision For Loan Losses Expensed

ProvisionForLoanLossesExpensed

3007000

USD

CY2021

us-gaap

Other Than Temporary Impairment Loss Debt Securities Available For Sale

OtherThanTemporaryImpairmentLossDebtSecuritiesAvailableForSale

0

USD

CY2020

us-gaap

Other Than Temporary Impairment Loss Debt Securities Available For Sale

OtherThanTemporaryImpairmentLossDebtSecuritiesAvailableForSale

398000

USD

CY2019

us-gaap

Other Than Temporary Impairment Loss Debt Securities Available For Sale

OtherThanTemporaryImpairmentLossDebtSecuritiesAvailableForSale

0

USD

CY2021

us-gaap

Payments For Origination Of Mortgage Loans Held For Sale

PaymentsForOriginationOfMortgageLoansHeldForSale

420673000

USD

CY2020

us-gaap

Payments For Origination Of Mortgage Loans Held For Sale

PaymentsForOriginationOfMortgageLoansHeldForSale

267553000

USD

CY2019

us-gaap

Payments For Origination Of Mortgage Loans Held For Sale

PaymentsForOriginationOfMortgageLoansHeldForSale

1020702000

USD

CY2021

us-gaap

Proceeds From Collection Of Mortgage Loans Held For Sale

ProceedsFromCollectionOfMortgageLoansHeldForSale

454073000

USD

CY2020

us-gaap

Proceeds From Collection Of Mortgage Loans Held For Sale

ProceedsFromCollectionOfMortgageLoansHeldForSale

312206000

USD

CY2019

us-gaap

Proceeds From Collection Of Mortgage Loans Held For Sale

ProceedsFromCollectionOfMortgageLoansHeldForSale

975243000

USD

CY2021

bsprt

Increase Decrease In Deferred Compensation And Severance

IncreaseDecreaseInDeferredCompensationAndSeverance

-22168000

USD

CY2020

bsprt

Increase Decrease In Deferred Compensation And Severance

IncreaseDecreaseInDeferredCompensationAndSeverance

0

USD

CY2019

bsprt

Increase Decrease In Deferred Compensation And Severance

IncreaseDecreaseInDeferredCompensationAndSeverance

0

USD

CY2021

us-gaap

Increase Decrease In Accrued Interest Receivable Net

IncreaseDecreaseInAccruedInterestReceivableNet

4675000

USD

CY2020

us-gaap

Increase Decrease In Accrued Interest Receivable Net

IncreaseDecreaseInAccruedInterestReceivableNet

-7423000

USD

CY2019

us-gaap

Increase Decrease In Accrued Interest Receivable Net

IncreaseDecreaseInAccruedInterestReceivableNet

765000

USD

CY2021

us-gaap

Increase Decrease In Prepaid Deferred Expense And Other Assets

IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets

-94864000

USD

CY2020

us-gaap

Increase Decrease In Prepaid Deferred Expense And Other Assets

IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets

7079000

USD

CY2019

us-gaap

Increase Decrease In Prepaid Deferred Expense And Other Assets

IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets

4020000

USD

CY2021

us-gaap

Increase Decrease In Interest Payable Net

IncreaseDecreaseInInterestPayableNet

3640000

USD

CY2020

us-gaap

Increase Decrease In Interest Payable Net

IncreaseDecreaseInInterestPayableNet

-5837000

USD

CY2019

us-gaap

Increase Decrease In Interest Payable Net

IncreaseDecreaseInInterestPayableNet

6428000

USD

CY2021

us-gaap

Increase Decrease In Due To Affiliates

IncreaseDecreaseInDueToAffiliates

8013000

USD

CY2020

us-gaap

Increase Decrease In Due To Affiliates

IncreaseDecreaseInDueToAffiliates

4736000

USD

CY2019

us-gaap

Increase Decrease In Due To Affiliates

IncreaseDecreaseInDueToAffiliates

1560000

USD

CY2021

us-gaap

Increase Decrease In Accounts Payable And Accrued Liabilities

IncreaseDecreaseInAccountsPayableAndAccruedLiabilities

715000

USD

CY2020

us-gaap

Increase Decrease In Accounts Payable And Accrued Liabilities

IncreaseDecreaseInAccountsPayableAndAccruedLiabilities

-2164000

USD

CY2019

us-gaap

Increase Decrease In Accounts Payable And Accrued Liabilities

IncreaseDecreaseInAccountsPayableAndAccruedLiabilities

1933000

USD

CY2021

us-gaap

Net Cash Provided By Used In Operating Activities

NetCashProvidedByUsedInOperatingActivities

146497000

USD

CY2020

us-gaap

Net Cash Provided By Used In Operating Activities

NetCashProvidedByUsedInOperatingActivities

115334000

USD

CY2019

us-gaap

Net Cash Provided By Used In Operating Activities

NetCashProvidedByUsedInOperatingActivities

45369000

USD

CY2021

bsprt

Proceeds From Asset Acquisition Net

ProceedsFromAssetAcquisitionNet

174083000

USD

CY2020

bsprt

Proceeds From Asset Acquisition Net

ProceedsFromAssetAcquisitionNet

0

USD

CY2019

bsprt

Proceeds From Asset Acquisition Net

ProceedsFromAssetAcquisitionNet

0

USD

CY2021

us-gaap

Payments To Acquire Finance Receivables

PaymentsToAcquireFinanceReceivables

2881852000

USD

CY2020

us-gaap

Payments To Acquire Finance Receivables

PaymentsToAcquireFinanceReceivables

1281158000

USD

CY2019

us-gaap

Payments To Acquire Finance Receivables

PaymentsToAcquireFinanceReceivables

1321644000

USD

CY2021

us-gaap

Proceeds From Collection Of Loans Receivable

ProceedsFromCollectionOfLoansReceivable

1225645000

USD

CY2020

us-gaap

Proceeds From Collection Of Loans Receivable

ProceedsFromCollectionOfLoansReceivable

1228225000

USD

CY2019

us-gaap

Proceeds From Collection Of Loans Receivable

ProceedsFromCollectionOfLoansReceivable

756141000

USD

CY2021

us-gaap

Proceeds From Sale Of Other Real Estate

ProceedsFromSaleOfOtherRealEstate

426000

USD

CY2020

us-gaap

Payments To Acquire Other Real Estate

PaymentsToAcquireOtherRealEstate

0

USD

CY2019

us-gaap

Payments To Acquire Other Real Estate

PaymentsToAcquireOtherRealEstate

2511000

USD

CY2021

bsprt

Payments To Acquire Real Estate Owned

PaymentsToAcquireRealEstateOwned

134052000

USD

CY2020

bsprt

Payments To Acquire Real Estate Owned

PaymentsToAcquireRealEstateOwned

2824000

USD

CY2019

bsprt

Payments To Acquire Real Estate Owned

PaymentsToAcquireRealEstateOwned

42018000

USD

CY2021

bsprt

Proceeds From Sale Of Real Estate Owned Held For Sale

ProceedsFromSaleOfRealEstateOwnedHeldForSale

29912000

USD

CY2020

bsprt

Proceeds From Sale Of Real Estate Owned Held For Sale

ProceedsFromSaleOfRealEstateOwnedHeldForSale

22472000

USD

CY2019

bsprt

Proceeds From Sale Of Real Estate Owned Held For Sale

ProceedsFromSaleOfRealEstateOwnedHeldForSale

0

USD

CY2021

bsprt

Proceeds From Sale Of Commercial Mortgage Loans Held For Sale

ProceedsFromSaleOfCommercialMortgageLoansHeldForSale

52615000

USD

CY2020

bsprt

Proceeds From Sale Of Commercial Mortgage Loans Held For Sale

ProceedsFromSaleOfCommercialMortgageLoansHeldForSale

77164000

USD

CY2019

bsprt

Proceeds From Sale Of Commercial Mortgage Loans Held For Sale

ProceedsFromSaleOfCommercialMortgageLoansHeldForSale

0

USD

CY2021

us-gaap

Payments To Acquire Available For Sale Securities Debt

PaymentsToAcquireAvailableForSaleSecuritiesDebt

0

USD

CY2020

us-gaap

Payments To Acquire Available For Sale Securities Debt

PaymentsToAcquireAvailableForSaleSecuritiesDebt

148580000

USD

CY2019

us-gaap

Payments To Acquire Available For Sale Securities Debt

PaymentsToAcquireAvailableForSaleSecuritiesDebt

369911000

USD

CY2021

us-gaap

Proceeds From Principal Repayments On Loans And Leases Held For Investment

ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment

USD

CY2020

us-gaap

Proceeds From Principal Repayments On Loans And Leases Held For Investment

ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment

0

USD

CY2019

us-gaap

Proceeds From Principal Repayments On Loans And Leases Held For Investment

ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment

0

USD

CY2021

us-gaap

Proceeds From Sale Of Available For Sale Securities Debt

ProceedsFromSaleOfAvailableForSaleSecuritiesDebt

2059418000

USD

CY2020

us-gaap

Proceeds From Sale Of Available For Sale Securities Debt

ProceedsFromSaleOfAvailableForSaleSecuritiesDebt

346201000

USD

CY2019

us-gaap

Proceeds From Sale Of Available For Sale Securities Debt

ProceedsFromSaleOfAvailableForSaleSecuritiesDebt

9369000

USD

CY2021

bsprt

Proceeds From Principal Collateral On Mortgage Investments

ProceedsFromPrincipalCollateralOnMortgageInvestments

541313000

USD

CY2020

bsprt

Proceeds From Principal Collateral On Mortgage Investments

ProceedsFromPrincipalCollateralOnMortgageInvestments

0

USD

CY2019

bsprt

Proceeds From Principal Collateral On Mortgage Investments

ProceedsFromPrincipalCollateralOnMortgageInvestments

0

USD

CY2021

us-gaap

Proceeds From Derivative Instrument Investing Activities

ProceedsFromDerivativeInstrumentInvestingActivities

1239000

USD

CY2020

us-gaap

Payments For Derivative Instrument Investing Activities

PaymentsForDerivativeInstrumentInvestingActivities

813000

USD

CY2019

us-gaap

Proceeds From Derivative Instrument Investing Activities

ProceedsFromDerivativeInstrumentInvestingActivities

1333000

USD

CY2021

us-gaap

Net Cash Provided By Used In Investing Activities

NetCashProvidedByUsedInInvestingActivities

1068747000

USD

CY2020

us-gaap

Net Cash Provided By Used In Investing Activities

NetCashProvidedByUsedInInvestingActivities

240687000

USD

CY2019

us-gaap

Net Cash Provided By Used In Investing Activities

NetCashProvidedByUsedInInvestingActivities

-969241000

USD

CY2021

us-gaap

Payments Of Merger Related Costs Financing Activities

PaymentsOfMergerRelatedCostsFinancingActivities

20485000

USD

CY2020

us-gaap

Payments Of Merger Related Costs Financing Activities

PaymentsOfMergerRelatedCostsFinancingActivities

0

USD

CY2019

us-gaap

Payments Of Merger Related Costs Financing Activities

PaymentsOfMergerRelatedCostsFinancingActivities

0

USD

CY2021

us-gaap

Proceeds From Issuance Of Common Stock

ProceedsFromIssuanceOfCommonStock

0

USD

CY2020

us-gaap

Proceeds From Issuance Of Common Stock

ProceedsFromIssuanceOfCommonStock

10672000

USD

CY2019

us-gaap

Proceeds From Issuance Of Common Stock

ProceedsFromIssuanceOfCommonStock

75545000

USD

CY2021

us-gaap

Proceeds From Issuance Of Convertible Preferred Stock

ProceedsFromIssuanceOfConvertiblePreferredStock

15000000

USD

CY2020

us-gaap

Proceeds From Issuance Of Convertible Preferred Stock

ProceedsFromIssuanceOfConvertiblePreferredStock

47000

USD

CY2019

us-gaap

Proceeds From Issuance Of Convertible Preferred Stock

ProceedsFromIssuanceOfConvertiblePreferredStock

63197000

USD

CY2021

us-gaap

Payments For Repurchase Of Common Stock

PaymentsForRepurchaseOfCommonStock

11417000

USD

CY2020

us-gaap

Payments For Repurchase Of Common Stock

PaymentsForRepurchaseOfCommonStock

10259000

USD

CY2019

us-gaap

Payments For Repurchase Of Common Stock

PaymentsForRepurchaseOfCommonStock

13813000

USD

CY2021

us-gaap

Proceeds From Issuance Of Secured Debt

ProceedsFromIssuanceOfSecuredDebt

1410173000

USD

CY2020

us-gaap

Proceeds From Issuance Of Secured Debt

ProceedsFromIssuanceOfSecuredDebt

0

USD

CY2019

us-gaap

Proceeds From Issuance Of Secured Debt

ProceedsFromIssuanceOfSecuredDebt

639899000

USD

CY2021

us-gaap

Repayments Of Secured Debt

RepaymentsOfSecuredDebt

869887000

USD

CY2020

us-gaap

Repayments Of Secured Debt

RepaymentsOfSecuredDebt

182680000

USD

CY2019

us-gaap

Repayments Of Secured Debt

RepaymentsOfSecuredDebt

343191000

USD

CY2021

bsprt

Proceeds From Securities Purchased Under Agreements To Resell Loans Receivable

ProceedsFromSecuritiesPurchasedUnderAgreementsToResellLoansReceivable

1874694000

USD

CY2020

bsprt

Proceeds From Securities Purchased Under Agreements To Resell Loans Receivable

ProceedsFromSecuritiesPurchasedUnderAgreementsToResellLoansReceivable

682970000

USD

CY2019

bsprt

Proceeds From Securities Purchased Under Agreements To Resell Loans Receivable

ProceedsFromSecuritiesPurchasedUnderAgreementsToResellLoansReceivable

1035524000

USD

CY2021

bsprt

Payments From Securities Purchased Under Agreements To Resell Loans Receivable

PaymentsFromSecuritiesPurchasedUnderAgreementsToResellLoansReceivable

1131434000

USD

CY2020

bsprt

Payments From Securities Purchased Under Agreements To Resell Loans Receivable

PaymentsFromSecuritiesPurchasedUnderAgreementsToResellLoansReceivable

659173000

USD

CY2019

bsprt

Payments From Securities Purchased Under Agreements To Resell Loans Receivable

PaymentsFromSecuritiesPurchasedUnderAgreementsToResellLoansReceivable

932420000

USD

CY2021

bsprt

Proceeds From Real Estate Security Repurchase Agreements

ProceedsFromRealEstateSecurityRepurchaseAgreements

13553886000

USD

CY2020

bsprt

Proceeds From Real Estate Security Repurchase Agreements

ProceedsFromRealEstateSecurityRepurchaseAgreements

2675218000

USD

CY2019

bsprt

Proceeds From Real Estate Security Repurchase Agreements

ProceedsFromRealEstateSecurityRepurchaseAgreements

1570331000

USD

CY2021

bsprt

Payments For Real Estate Security Repurchase Agreements

PaymentsForRealEstateSecurityRepurchaseAgreements

15983193000

USD

CY2020

bsprt

Payments For Real Estate Security Repurchase Agreements

PaymentsForRealEstateSecurityRepurchaseAgreements

2882749000

USD

CY2019

bsprt

Payments For Real Estate Security Repurchase Agreements

PaymentsForRealEstateSecurityRepurchaseAgreements

1220511000

USD

CY2021

us-gaap

Proceeds From Other Debt

ProceedsFromOtherDebt

6524000

USD

CY2020

us-gaap

Proceeds From Other Debt

ProceedsFromOtherDebt

31379000

USD

CY2019

us-gaap

Proceeds From Other Debt

ProceedsFromOtherDebt

0

USD

CY2021

us-gaap

Repayments Of Other Debt

RepaymentsOfOtherDebt

0

USD

CY2020

us-gaap

Repayments Of Other Debt

RepaymentsOfOtherDebt

0

USD

CY2019

us-gaap

Repayments Of Other Debt

RepaymentsOfOtherDebt

10000000

USD

CY2021

us-gaap

Proceeds From Issuance Of Unsecured Debt

ProceedsFromIssuanceOfUnsecuredDebt

210000000

USD

CY2020

us-gaap

Proceeds From Issuance Of Unsecured Debt

ProceedsFromIssuanceOfUnsecuredDebt

0

USD

CY2019

us-gaap

Proceeds From Issuance Of Unsecured Debt

ProceedsFromIssuanceOfUnsecuredDebt

0

USD

CY2021

us-gaap

Repayments Of Unsecured Debt

RepaymentsOfUnsecuredDebt

160000000

USD

CY2020

us-gaap

Repayments Of Unsecured Debt

RepaymentsOfUnsecuredDebt

0

USD

CY2019

us-gaap

Repayments Of Unsecured Debt

RepaymentsOfUnsecuredDebt

0

USD

CY2021

us-gaap

Proceeds From Notes Payable

ProceedsFromNotesPayable

23940000

USD

CY2020

us-gaap

Proceeds From Notes Payable

ProceedsFromNotesPayable

11712000

USD

CY2019

us-gaap

Proceeds From Notes Payable

ProceedsFromNotesPayable

29167000

USD

CY2021

us-gaap

Payments Of Financing Costs

PaymentsOfFinancingCosts

9285000

USD

CY2020

us-gaap

Payments Of Financing Costs

PaymentsOfFinancingCosts

349000

USD

CY2019

us-gaap

Payments Of Financing Costs

PaymentsOfFinancingCosts

4540000

USD

CY2021

bsprt

Proceeds From Cash Collateral Received On Derivative Instruments

ProceedsFromCashCollateralReceivedOnDerivativeInstruments

11138000

USD

CY2020

bsprt

Proceeds From Cash Collateral Received On Derivative Instruments

ProceedsFromCashCollateralReceivedOnDerivativeInstruments

0

USD

CY2019

bsprt

Proceeds From Cash Collateral Received On Derivative Instruments

ProceedsFromCashCollateralReceivedOnDerivativeInstruments

0

USD

CY2021

us-gaap

Proceeds From Derivative Instrument Financing Activities

ProceedsFromDerivativeInstrumentFinancingActivities

9115000

USD

CY2020

us-gaap

Proceeds From Derivative Instrument Financing Activities

ProceedsFromDerivativeInstrumentFinancingActivities

0

USD

CY2019

us-gaap

Proceeds From Derivative Instrument Financing Activities

ProceedsFromDerivativeInstrumentFinancingActivities

0

USD

CY2021

us-gaap

Payments Of Dividends

PaymentsOfDividends

67955000

USD

CY2020

us-gaap

Payments Of Dividends

PaymentsOfDividends

49790000

USD

CY2019

us-gaap

Payments Of Dividends

PaymentsOfDividends

60613000

USD

CY2021

us-gaap

Net Cash Provided By Used In Financing Activities

NetCashProvidedByUsedInFinancingActivities

-1139186000

USD

CY2020

us-gaap

Net Cash Provided By Used In Financing Activities

NetCashProvidedByUsedInFinancingActivities

-373002000

USD

CY2019

us-gaap

Net Cash Provided By Used In Financing Activities

NetCashProvidedByUsedInFinancingActivities

828575000

USD

CY2021

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect

76058000

USD

CY2020

bsprt

Common Stock Issued Dividend Reinvestment Investment Plan

CommonStockIssuedDividendReinvestmentInvestmentPlan

8814000

USD

CY2020

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect

-16981000

USD

CY2019

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect

-95297000

USD

CY2020Q4

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents

92141000

USD

CY2019Q4

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents

109122000

USD

CY2018Q4

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents

204419000

USD

CY2021Q4

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents

168199000

USD

CY2020Q4

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents

92141000

USD

CY2019Q4

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents

109122000

USD

CY2021

us-gaap

Income Taxes Paid

IncomeTaxesPaid

140000

USD

CY2020

us-gaap

Income Taxes Paid

IncomeTaxesPaid

4400000

USD

CY2019

us-gaap

Income Taxes Paid

IncomeTaxesPaid

0

USD

CY2021

us-gaap

Interest Paid Net

InterestPaidNet

51050000

USD

CY2020

us-gaap

Interest Paid Net

InterestPaidNet

59819000

USD

CY2019

us-gaap

Interest Paid Net

InterestPaidNet

78901000

USD

CY2021

bsprt

Common Stock Issued Dividend Reinvestment Investment Plan

CommonStockIssuedDividendReinvestmentInvestmentPlan

5110000

USD

CY2019

bsprt

Common Stock Issued Dividend Reinvestment Investment Plan

CommonStockIssuedDividendReinvestmentInvestmentPlan

13903000

USD

CY2021

us-gaap

Financing Receivable Reclassification To Held For Sale

FinancingReceivableReclassificationToHeldForSale

52615000

USD

CY2020

us-gaap

Financing Receivable Reclassification To Held For Sale

FinancingReceivableReclassificationToHeldForSale

76979000

USD

CY2019

us-gaap

Financing Receivable Reclassification To Held For Sale

FinancingReceivableReclassificationToHeldForSale

0

USD

CY2021Q4

us-gaap

Dividends Payable Current And Noncurrent

DividendsPayableCurrentAndNoncurrent

30346000

USD

CY2020Q4

us-gaap

Dividends Payable Current And Noncurrent

DividendsPayableCurrentAndNoncurrent

15688000

USD

CY2019Q4

us-gaap

Dividends Payable Current And Noncurrent

DividendsPayableCurrentAndNoncurrent

6912000

USD

CY2021

us-gaap

Transfer Of Loans Held For Sale To Portfolio Loans1

TransferOfLoansHeldForSaleToPortfolioLoans1

0

USD

CY2020

us-gaap

Transfer Of Loans Held For Sale To Portfolio Loans1

TransferOfLoansHeldForSaleToPortfolioLoans1

0

USD

CY2019

us-gaap

Transfer Of Loans Held For Sale To Portfolio Loans1

TransferOfLoansHeldForSaleToPortfolioLoans1

10072000

USD

CY2021

us-gaap

Transfer To Other Real Estate

TransferToOtherRealEstate

0

USD

CY2020

us-gaap

Transfer To Other Real Estate

TransferToOtherRealEstate

35411000

USD

CY2019

us-gaap

Transfer To Other Real Estate

TransferToOtherRealEstate

8110000

USD

CY2021

bsprt

Stock Issued Merger Common Stock

StockIssuedMergerCommonStock

579526000

USD

CY2020

bsprt

Stock Issued Merger Common Stock

StockIssuedMergerCommonStock

0

USD

CY2019

bsprt

Stock Issued Merger Common Stock

StockIssuedMergerCommonStock

0

USD

CY2021

bsprt

Stock Issued Merger Preferred Stock

StockIssuedMergerPreferredStock

258742000

USD

CY2020

bsprt

Stock Issued Merger Preferred Stock

StockIssuedMergerPreferredStock

0

USD

CY2019

bsprt

Stock Issued Merger Preferred Stock

StockIssuedMergerPreferredStock

0

USD

CY2021

us-gaap

Noncash Or Part Noncash Acquisition Debt Assumed1

NoncashOrPartNoncashAcquisitionDebtAssumed1

98574000

USD

CY2020

us-gaap

Noncash Or Part Noncash Acquisition Debt Assumed1

NoncashOrPartNoncashAcquisitionDebtAssumed1

0

USD

CY2019

us-gaap

Noncash Or Part Noncash Acquisition Debt Assumed1

NoncashOrPartNoncashAcquisitionDebtAssumed1

0

USD

CY2021

bsprt

Reverse Stock Split

ReverseStockSplit

710431000

USD

CY2020

bsprt

Reverse Stock Split

ReverseStockSplit

0

USD

CY2019

bsprt

Reverse Stock Split

ReverseStockSplit

0

USD

CY2021

us-gaap

Conversion Of Stock Amount Converted1

ConversionOfStockAmountConverted1

127603000

USD

CY2020

us-gaap

Conversion Of Stock Amount Converted1

ConversionOfStockAmountConverted1

0

USD

CY2019

us-gaap

Conversion Of Stock Amount Converted1

ConversionOfStockAmountConverted1

0

USD

CY2021Q4

us-gaap

Cash And Cash Equivalents At Carrying Value

CashAndCashEquivalentsAtCarryingValue

154929000

USD

CY2020Q4

us-gaap

Cash And Cash Equivalents At Carrying Value

CashAndCashEquivalentsAtCarryingValue

82071000

USD

CY2019Q4

us-gaap

Cash And Cash Equivalents At Carrying Value

CashAndCashEquivalentsAtCarryingValue

87246000

USD

CY2021Q4

us-gaap

Restricted Cash And Cash Equivalents

RestrictedCashAndCashEquivalents

13270000

USD

CY2020Q4

us-gaap

Restricted Cash And Cash Equivalents

RestrictedCashAndCashEquivalents

10070000

USD

CY2019Q4

us-gaap

Restricted Cash And Cash Equivalents

RestrictedCashAndCashEquivalents

21876000

USD

CY2021Q4

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents

168199000

USD

CY2020Q4

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents

92141000

USD

CY2019Q4

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents

109122000

USD

CY2021

us-gaap

Use Of Estimates

UseOfEstimates

<div style="margin-top:5pt">Use of Estimates</div><div style="margin-top:5pt;text-indent:18pt">GAAP requires management to make estimates and assumptions that affect the reported amount of assets and liabilities as of the date of the financial statements and the reported amounts of income and expenses during the reported periods. Changes in the economic environment, financial markets and any other parameters used in determining these estimates could cause actual results to differ materially.</div>In response to the global coronavirus (COVID-19) pandemic, numerous countries, including the U.S., have declared national emergencies with respect to COVID-19 and certain jurisdictions, including those where our corporate headquarters and/or properties that secure our investments, or properties that the Company owns, are located, have at times imposed “stay-at-home” guidelines or orders or other restrictions to help prevent its spread. The effects of COVID-19 may negatively and materially impact significant estimates and assumptions used by the Company including, but not limited to estimates of expected credit losses, valuation of our equity method investments and the fair value estimates of the Company’s assets and liabilities. Actual results could materially differ from those estimates.

CY2021

us-gaap

Financing Receivable Allowance For Credit Losses Policy For Uncollectible Amounts

FinancingReceivableAllowanceForCreditLossesPolicyForUncollectibleAmounts

<div style="margin-top:5pt">Credit Losses</div><div style="margin-top:5pt;text-indent:18pt">In June 2016, the FASB issued Accounting Standards Update ("ASU") No. 2016-13, Financial Instruments-Credit Losses, which amends the credit impairment model for financial instruments. The Company adopted ASU 2016-13 on January 1, 2020.</div><div style="margin-top:5pt;text-indent:18pt">The allowance for credit losses required under ASU 2016-13 is deducted from the respective loans’ amortized cost basis on the Company’s consolidated balance sheets. The allowance for credit losses attributed to unfunded loan commitments is included in Accounts payable and accrued expenses on the consolidated balance sheets. As reflected in the consolidated statements of changes in stockholders' equity and Note 3 - Commercial Mortgage Loans, the guidance also required a cumulative-effect adjustment to retained earnings as of the beginning of the reporting period of adoption.</div><div style="margin-top:5pt;text-align:justify;text-indent:18pt">The following discussion highlights changes to the Company’s accounting policies as a result of this adoption.</div><div style="margin-top:5pt;text-align:justify;text-indent:9pt">Allowance for credit losses</div><div style="margin-top:5pt;text-indent:18pt">The allowance for credit losses for the Company’s financial instruments carried at amortized cost and off-balance sheet credit exposures, such as loans held for investment and unfunded loan commitments represents a lifetime estimate of expected credit losses. Factors considered by the Company when determining the allowance for credit losses reserve include loan-specific characteristics such as loan-to-value (“LTV”) ratio, vintage year, loan term, property type, occupancy and geographic location, financial performance of the borrower, expected payments of principal and interest, as well as internal or external information relating to past events, current conditions and reasonable and supportable forecasts.</div><div style="margin-top:5pt;text-indent:18pt">The allowance for credit losses is measured on a collective (pool) basis when similar risk characteristics exist for multiple financial instruments. If similar risk characteristics do not exist, the Company measures the allowance for credit losses on an individual instrument basis. The determination of whether a particular financial instrument should be included in a pool can change over time. If a financial asset’s risk characteristics change, the Company evaluates whether it is appropriate to continue to keep the financial instrument in its existing pool or evaluate it individually.</div><div style="margin-top:5pt;text-indent:18pt">In measuring the allowance for credit losses for financial instruments including our unfunded loan commitments that share similar risk characteristics, the Company primarily applies a probability of default (“PD”)/loss given default (“LGD”) model for instruments that are collectively assessed, whereby the allowance for credit losses is calculated as the product of PD, LGD and exposure at default (“EAD”). The Company’s model principally utilizes historical loss rates derived from a commercial mortgage backed securities database with historical losses from 1998 to 2020 provided by a reputable third party, forecasting the loss parameters using a scenario-based statistical approach over a reasonable and supportable forecast period of twelve months, followed by an immediate reversion to average historical losses. The modeled results are then evaluated to determine if adjustments are needed for certain qualitative factors. For financial instruments assessed on an individual basis, including when it is probable that the Company will be unable to collect the full payment of principal and interest on the instrument, the Company applies a discounted cash flow (“DCF”) methodology.</div><div style="margin-top:5pt;text-indent:18pt">For financial instruments where the borrower is experiencing financial difficulty based on the Company’s assessment at the reporting date and the repayment is expected to be provided substantially through the operation or sale of the collateral, the Company may elect to use as a practical expedient the fair value of the collateral at the reporting date when determining the allowance for credit losses.</div><div style="margin-top:5pt;text-indent:18pt">In developing the allowance for credit losses for its loans held for investment, the Company performs a comprehensive analysis of its loan portfolio and assigns risk ratings to loans that incorporate management's current judgments about their credit quality based on all known and relevant internal and external factors that may affect collectability, using similar factors as those in developing the allowance for credit losses. This methodology results in loans being segmented by risk classification into risk rating categories that are associated with estimated probabilities of default and principal loss. Risk rating categories range from "1" to "5" with "1" representing the lowest risk of loss and "5" representing the highest risk of loss with the ratings updated quarterly. At the time of origination or purchase, loans held for investment are ranked as a “2” and will move accordingly going forward based on the ratings which are defined as follows:</div><div style="margin-top:5pt;padding-left:36pt;text-indent:-18pt">1.Very Low Risk- Investment exceeding fundamental performance expectations and/or capital gain expected. Trends and risk factors since time of investment are favorable.</div><div style="margin-top:5pt;padding-left:36pt;text-indent:-18pt">2.Low Risk- Performing consistent with expectations and a full return of principal and interest expected. Trends and risk factors are neutral to favorable.</div><div style="margin-top:5pt;padding-left:36pt;text-indent:-18pt">3.Average Risk- Performing investments requiring closer monitoring. Trends and risk factors show some deterioration.</div><div style="margin-top:5pt;padding-left:36pt;text-indent:-18pt">4.High Risk/Delinquent/Potential for Loss- Underperforming investment with the potential of some interest loss but still expecting a positive return on investment. Trends and risk factors are negative.</div><div style="margin-top:5pt;padding-left:36pt;text-indent:-18pt">5.Impaired/Defaulted/Loss Likely- Underperforming investment with expected loss of interest and some principal.</div><div style="margin-top:5pt;text-indent:18pt">The Company also considers qualitative and environmental factors, including, but not limited to, economic and business conditions, nature and volume of the loan portfolio, lending terms, volume and severity of past due loans, concentration of credit and changes in the level of such concentrations in its determination of the allowance for credit losses.</div><div style="margin-top:5pt;text-indent:18pt">Changes in the allowance for credit losses for the Company’s financial instruments are recorded in Provision/(benefit) for credit losses on the consolidated statements of operations with a corresponding offset to the financial instrument’s amortized cost recorded on the consolidated balance sheets, or as a component of Accounts payable and accrued expenses for unfunded loan commitments.</div><div style="margin-top:5pt;text-indent:18pt">The Company has elected to not measure an allowance for credit losses for accrued interest receivable as it is timely, following three months time, reversed against interest income when a loan, real estate security or preferred equity investment is placed on nonaccrual status. The Company did not record reversals of accrued interest receivable during the year ended December 31, 2020. Loans are charged off against the Provision/(benefit) for credit losses when all or a portion of the principal amount is determined to be uncollectible.</div><div style="margin-top:5pt;text-indent:9pt">Past due and nonaccrual status</div><div style="margin-top:5pt;text-indent:18pt">Loans are placed on nonaccrual status and considered non-performing when full payment of principal and interest is unpaid for 90 days or more or where reasonable doubt exists as to timely collection, unless the loan is both well secured and in the process of collection. Interest received on nonaccrual status loans are accounted for under the cost-recovery method, until qualifying for return to accrual. Upon restructuring the nonaccrual loan, the Company may return a loan to accrual status when repayment of principal and interest is reasonably assured.</div><div style="margin-top:5pt;text-align:justify;text-indent:9pt">Troubled Debt Restructuring (“TDR”)</div><div style="margin-top:5pt;text-indent:18pt">The Company classifies an individual financial instrument as a TDR when it has a reasonable expectation that the financial instrument’s contractual terms will be modified in a manner that grants concession to the borrower who is experiencing financial difficulty. Concessions could include term extensions, payment deferrals, interest rate reductions, principal forgiveness, forbearance, or other actions designed to maximize the Company’s collection on the financial instrument. The Company determines the allowance for credit losses for financial instruments that are TDRs individually.</div>

CY2021

bsprt

Minimum Distribution Percentage To Qualify For Reit Taxation Status

MinimumDistributionPercentageToQualifyForREITTaxationStatus

0.90

CY2021

us-gaap

Income Tax Expense Benefit

IncomeTaxExpenseBenefit

3600000

USD

CY2020

us-gaap

Income Tax Expense Benefit

IncomeTaxExpenseBenefit

-2100000

USD

CY2019

us-gaap

Income Tax Expense Benefit

IncomeTaxExpenseBenefit

4500000

USD

CY2021

us-gaap

Number Of Reportable Segments

NumberOfReportableSegments

4

segment

CY2021

us-gaap

Number Of Reportable Segments

NumberOfReportableSegments

4

segment

CY2021Q4

bsprt

Conversion Of Stock Preferred Stock To Common Stock Notice Period

ConversionOfStockPreferredStockToCommonStockNoticePeriod

P10D

CY2021

bsprt

Weighted Average Risk Rating Of Loans

WeightedAverageRiskRatingOfLoans

2.1

rating

CY2020

bsprt

Weighted Average Risk Rating Of Loans

WeightedAverageRiskRatingOfLoans

2.2

rating

CY2021Q4

us-gaap

Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss

FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss

4226888000

USD

CY2020Q4

us-gaap

Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss

FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss

2714734000

USD

CY2021Q4

us-gaap

Financing Receivable Allowance For Credit Loss Excluding Accrued Interest

FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest

15827000

USD

CY2020Q4

us-gaap

Financing Receivable Allowance For Credit Loss Excluding Accrued Interest

FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest

20886000

USD

CY2021Q4

us-gaap

Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss

FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss

4211061000

USD

CY2020Q4

us-gaap

Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss

FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss

2693848000

USD

CY2020

bsprt

Initial Risk Rating Of Loans

InitialRiskRatingOfLoans

2

rating

CY2021

bsprt

Initial Risk Rating Of Loans

InitialRiskRatingOfLoans

2

rating

CY2020Q4

us-gaap

Mortgage Loans On Real Estate Commercial And Consumer Net

MortgageLoansOnRealEstateCommercialAndConsumerNet

2693848000

USD

CY2019Q4

us-gaap

Mortgage Loans On Real Estate Commercial And Consumer Net

MortgageLoansOnRealEstateCommercialAndConsumerNet

2762042000

USD

CY2021

us-gaap

Mortgage Loans On Real Estate New Mortgage Loans

MortgageLoansOnRealEstateNewMortgageLoans

2897002000

USD

CY2020

us-gaap

Mortgage Loans On Real Estate New Mortgage Loans

MortgageLoansOnRealEstateNewMortgageLoans

1287720000

USD

CY2021

srt

Mortgage Loans On Real Estate Collections Of Principal

MortgageLoansOnRealEstateCollectionsOfPrincipal

1286598000

USD

CY2020

srt

Mortgage Loans On Real Estate Collections Of Principal

MortgageLoansOnRealEstateCollectionsOfPrincipal

1223490000

USD

CY2021

bsprt

Mortgage Loans On Real Estate Accretion Amortization Of Discounts And Premiums

MortgageLoansOnRealEstateAccretionAmortizationOfDiscountsAndPremiums

-7038000

USD

CY2020

bsprt

Mortgage Loans On Real Estate Accretion Amortization Of Discounts And Premiums

MortgageLoansOnRealEstateAccretionAmortizationOfDiscountsAndPremiums

-6146000

USD

CY2021

bsprt

Mortgage Loans On Real Estate Loans Reclassified

MortgageLoansOnRealEstateLoansReclassified

52615000

USD

CY2020

bsprt

Mortgage Loans On Real Estate Loans Reclassified

MortgageLoansOnRealEstateLoansReclassified

76979000

USD

CY2021

us-gaap

Mortgage Loans On Real Estate Other Additions

MortgageLoansOnRealEstateOtherAdditions

15150000

USD

CY2020

us-gaap

Mortgage Loans On Real Estate Other Additions

MortgageLoansOnRealEstateOtherAdditions

6562000

USD

CY2021

us-gaap

Provision For Loan And Lease Losses

ProvisionForLoanAndLeaseLosses

-4770000

USD

CY2020

us-gaap

Provision For Loan And Lease Losses

ProvisionForLoanAndLeaseLosses

13181000

USD

CY2021

bsprt

Mortgage Loans On Real Estate Charge Of From Allowance

MortgageLoansOnRealEstateChargeOfFromAllowance

289000

USD

CY2020

bsprt

Mortgage Loans On Real Estate Charge Of From Allowance

MortgageLoansOnRealEstateChargeOfFromAllowance

427000

USD

CY2021

us-gaap

Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax

OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax

0

USD

CY2020

us-gaap

Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax

OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax

-8026000

USD

CY2019

us-gaap

Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax

OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax

-978000

USD

CY2021

us-gaap

Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax

OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax

8256000

USD

CY2020

us-gaap

Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax

OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax

748000

USD

CY2019

us-gaap

Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax

OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax

0

USD

CY2021Q4

us-gaap

Trading Securities Debt

TradingSecuritiesDebt

4566871000

USD

CY2021Q4

bsprt

Debt Securities Trading Weighted Average Yield

DebtSecuritiesTradingWeightedAverageYield

0.0226

CY2020Q4

us-gaap

Trading Securities Debt

TradingSecuritiesDebt

0

USD

CY2020Q4

bsprt

Debt Securities Trading Weighted Average Yield

DebtSecuritiesTradingWeightedAverageYield

0

CY2021

bsprt

Debt Instrument Trading Weighted Average Portfolio Contractual Maturity

DebtInstrumentTradingWeightedAveragePortfolioContractualMaturity

P310M

CY2021

bsprt

Proceeds From Sale Of Debt Securities Trading

ProceedsFromSaleOfDebtSecuritiesTrading

1900000000

USD

CY2021

us-gaap

Debt Securities Trading Realized Gain Loss

DebtSecuritiesTradingRealizedGainLoss

100000

USD

CY2021Q4

us-gaap

Real Estate Owned Accumulated Depreciation

RealEstateOwnedAccumulatedDepreciation

575000

USD

CY2021Q4

bsprt

Real Estate Owned Net

RealEstateOwnedNet

90048000

USD

CY2020Q4

us-gaap

Real Estate Owned Accumulated Depreciation

RealEstateOwnedAccumulatedDepreciation

931000

USD

CY2020Q4

bsprt

Real Estate Owned Net

RealEstateOwnedNet

26510000

USD

CY2020

bsprt

Real Estate Owned Depreciation

RealEstateOwnedDepreciation

1000000

USD

CY2021

bsprt

Real Estate Owned Depreciation

RealEstateOwnedDepreciation

1000000

USD

CY2021Q4

us-gaap

Finance Lease Right Of Use Asset Before Accumulated Amortization

FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization

49192000

USD

CY2021Q4

us-gaap

Finance Lease Right Of Use Asset Accumulated Amortization

FinanceLeaseRightOfUseAssetAccumulatedAmortization

720000

USD

CY2021Q4

us-gaap

Finance Lease Right Of Use Asset

FinanceLeaseRightOfUseAsset

48472000

USD

CY2020Q4

us-gaap

Finance Lease Right Of Use Asset Before Accumulated Amortization

FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization

14509000

USD

CY2020Q4

us-gaap

Finance Lease Right Of Use Asset Accumulated Amortization

FinanceLeaseRightOfUseAssetAccumulatedAmortization

963000

USD

CY2020Q4

us-gaap

Finance Lease Right Of Use Asset

FinanceLeaseRightOfUseAsset

13546000

USD

CY2021Q4

us-gaap

Lessor Operating Lease Payments To Be Received Next Twelve Months

LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths

9248000

USD

CY2021Q4

us-gaap

Lessor Operating Lease Payments To Be Received Two Years

LessorOperatingLeasePaymentsToBeReceivedTwoYears

9248000

USD

CY2021Q4

us-gaap

Lessor Operating Lease Payments To Be Received Three Years

LessorOperatingLeasePaymentsToBeReceivedThreeYears

9248000

USD

CY2021Q4

us-gaap

Lessor Operating Lease Payments To Be Received Four Years

LessorOperatingLeasePaymentsToBeReceivedFourYears

9248000

USD

CY2021Q4

bsprt

Lessor Operating Lease Payment To Be Received After Year Four

LessorOperatingLeasePaymentToBeReceivedAfterYearFour

118683000

USD

CY2021Q4

us-gaap

Lessor Operating Lease Payments To Be Received

LessorOperatingLeasePaymentsToBeReceived

155675000

USD

CY2021

us-gaap

Finite Lived Intangible Assets Remaining Amortization Period1

FiniteLivedIntangibleAssetsRemainingAmortizationPeriod1

P20Y

CY2021

us-gaap

Finite Lived Intangible Asset Useful Life

FiniteLivedIntangibleAssetUsefulLife

P16Y9M18D

CY2021

us-gaap

Adjustment For Amortization

AdjustmentForAmortization

1100000

USD

CY2020

us-gaap

Adjustment For Amortization

AdjustmentForAmortization

800000

USD

CY2021Q4

us-gaap

Finite Lived Intangible Assets Amortization Expense Next Twelve Months

FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths

2880000

USD

CY2021Q4

us-gaap

Finite Lived Intangible Assets Amortization Expense Year Two

FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo

2880000

USD

CY2021Q4

us-gaap

Finite Lived Intangible Assets Amortization Expense Year Three

FiniteLivedIntangibleAssetsAmortizationExpenseYearThree

2880000

USD

CY2021Q4

us-gaap

Finite Lived Intangible Assets Amortization Expense Year Four

FiniteLivedIntangibleAssetsAmortizationExpenseYearFour

2880000

USD

CY2021Q4

us-gaap

Finite Lived Intangible Assets Amortization Expense Year Five

FiniteLivedIntangibleAssetsAmortizationExpenseYearFive

2880000

USD

CY2021

us-gaap

Schedule Of Repurchase Agreements

ScheduleOfRepurchaseAgreements

<div style="margin-top:5pt;text-indent:18pt">The details of the Company's Repo Facilities at December 31, 2021 and December 31, 2020 are as follows (dollars in thousands):<table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"/><td style="width:32.525%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.204%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.530%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.204%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.530%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.034%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.530%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.180%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.530%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.333%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">As of December 31, 2021</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom">Repurchase Facility</td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom">Committed Financing</td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom">Amount Outstanding</td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center">Interest Expense(1)</div></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom">Ending Weighted Average Interest Rate</td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom">Term Maturity</td></tr><tr><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom">JPM Repo Facility</td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom">400,000 </td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom">136,470 </td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom">5,178 </td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">2.13 </td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom">%</td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:bottom">10/6/2022</td></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div>CS Repo Facility (2)</div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">300,000 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">137,364 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">3,446 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">2.43 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom">%</td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom">9/30/2022</td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div>WF Repo Facility (3)</div></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">450,000 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">186,734 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">2,090 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">1.64 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom">%</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom">11/21/2023</td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div>Barclays Revolver Facility (4)</div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">250,000 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">166,700 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">1,976 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">6.12 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom">%</td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom">9/20/2023</td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div>Barclays Repo Facility (5)</div></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">500,000 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">392,332 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">4,057 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">1.76 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom">%</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom">3/14/2025</td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">Total</td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom">1,900,000 </td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom">1,019,600 </td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom">16,747 </td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr></table></div><div>________________________</div><div style="margin-top:3pt;padding-left:18pt;text-indent:-9pt">(1) For the year ended December 31, 2021. Includes amortization of deferred financing costs.</div><div style="margin-top:3pt;padding-left:18pt;text-indent:-9pt">(2) On August 12, 2021, the Company exercised the extension option upon the satisfaction of certain conditions, and extended the term maturity to September 30, 2022. Additionally, on November 3, 2021 the committed financing amount was amended from $200 million to $300 million with the option to increase to $400 million at the Company's discretion.</div><div style="margin-bottom:2pt;margin-top:3pt;padding-left:18pt;text-indent:-9pt">(3) On November 19, 2021 the committed financing amount was increased from $275 million to $450 million. There are three more <span style="-sec-ix-hidden:id3VybDovL2RvY3MudjEvZG9jOjA5YzlhOTExNGNkNTQxOWJiOTcxZTE4N2IzZDg5NDdjL3NlYzowOWM5YTkxMTRjZDU0MTliYjk3MWUxODdiM2Q4OTQ3Y18xOTYvZnJhZzozNGFhOWNjMmM0ZGE0ZGFjYjg3MDAzYzE1ZjE5ZWIxZS90ZXh0cmVnaW9uOjM0YWE5Y2MyYzRkYTRkYWNiODcwMDNjMTVmMTllYjFlXzkzNDU4NDg4NzE0MDI_c094e623-90d3-437d-8970-979be6446ca9">one-year extension options available at the Company's discretion.</div><div style="padding-left:18pt;text-indent:-9pt">(4) On September 8, 2021, the Company amended the maturity date to September 20, 2023. On December 1, 2021 the committed financing amount was increased from $100 million to $250 million. The Company may increase the total commitment amount by an amount between $100 million and $150 million for <span style="-sec-ix-hidden:id3VybDovL2RvY3MudjEvZG9jOjA5YzlhOTExNGNkNTQxOWJiOTcxZTE4N2IzZDg5NDdjL3NlYzowOWM5YTkxMTRjZDU0MTliYjk3MWUxODdiM2Q4OTQ3Y18xOTYvZnJhZzozNGFhOWNjMmM0ZGE0ZGFjYjg3MDAzYzE1ZjE5ZWIxZS90ZXh0cmVnaW9uOjM0YWE5Y2MyYzRkYTRkYWNiODcwMDNjMTVmMTllYjFlXzMyOTg1MzQ5MjE1Nzg_7f583037-b81f-418e-98cc-a21ecbfede70">three month intervals, on an unlimited basis prior to maturity.</div><div style="margin-bottom:2pt;margin-top:3pt;padding-left:18pt;text-indent:-9pt">(5) On December 3, 2021 the Company amended the maturity date to March 14, 2025 and the committed financing amount was increased from $300 million to $500 million. There are two <span style="-sec-ix-hidden:id3VybDovL2RvY3MudjEvZG9jOjA5YzlhOTExNGNkNTQxOWJiOTcxZTE4N2IzZDg5NDdjL3NlYzowOWM5YTkxMTRjZDU0MTliYjk3MWUxODdiM2Q4OTQ3Y18xOTYvZnJhZzozNGFhOWNjMmM0ZGE0ZGFjYjg3MDAzYzE1ZjE5ZWIxZS90ZXh0cmVnaW9uOjM0YWE5Y2MyYzRkYTRkYWNiODcwMDNjMTVmMTllYjFlXzMyOTg1MzQ5MjE1Mjc_70d05422-f1f5-46a1-a501-0de312b52c95">one-year extension options available at the Company's discretion.</div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"/><td style="width:30.771%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.530%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.204%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.530%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.204%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.530%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.204%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.530%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.034%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.530%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.333%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">As of December 31, 2020</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom">Repurchase Facility</td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom">Committed Financing</td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom">Amount Outstanding</td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center">Interest Expense(1)</div></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom">Ending Weighted Average Interest Rate</td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom">Term Maturity</td></tr><tr><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div>JPM Repo Facility (2)</div></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom">300,000 </td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom">113,884 </td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom">5,020 </td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">2.54 </td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom">%</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:bottom">10/6/2022</td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div>USB Repo Facility (3)</div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">100,000 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">5,775 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">599 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">2.40 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom">%</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom">6/15/2021</td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div>CS Repo Facility (4)</div></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">200,000 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">106,971 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">3,539 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">2.84 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom">%</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom">8/19/2021</td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div>WF Repo Facility (5)</div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">175,000 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">27,150 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">1,041 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">2.50 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom">%</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom">11/21/2021</td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div>Barclays Revolver Facility (6)</div></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">100,000 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">— </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">387 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom">N/A</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom">9/20/2021</td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div>Barclays Facility (7)</div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">300,000 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">22,560 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">1,046 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">2.51 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom">%</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom">3/15/2022</td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom">Total</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom">1,175,000 </td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom">276,340 </td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom">11,632 </td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/></tr></table></div><div>________________________</div><div style="margin-top:3pt;padding-left:18pt;text-indent:-9pt">(1) For the year ended December 31, 2020. Includes amortization of deferred financing costs.</div><div style="margin-top:3pt;padding-left:18pt;text-indent:-9pt">(2) On October 6, 2020 the maturity date was amended to October 6, 2022.</div><div style="margin-top:3pt;padding-left:18pt;text-indent:-9pt">(3) On June 9, 2020, the Company exercised the extension option upon the satisfaction of certain conditions, and extended the term maturity to June 15, 2021.</div><div style="margin-top:3pt;padding-left:18pt;text-indent:-9pt">(4) On August 28, 2020, the Company exercised the extension option upon the satisfaction of certain conditions, and extended the term maturity to August 19, 2021. Additionally, in 2020 the committed financing amount was downsized from $300 million to $200 million.</div><div style="margin-top:3pt;padding-left:18pt;text-indent:-9pt">(5) On November 17, 2020, the Company exercised the extension option upon the satisfaction of certain conditions, and extended the term maturity to November 21, 2021. There are two more <span style="-sec-ix-hidden:id3VybDovL2RvY3MudjEvZG9jOjA5YzlhOTExNGNkNTQxOWJiOTcxZTE4N2IzZDg5NDdjL3NlYzowOWM5YTkxMTRjZDU0MTliYjk3MWUxODdiM2Q4OTQ3Y18xOTYvZnJhZzozNGFhOWNjMmM0ZGE0ZGFjYjg3MDAzYzE1ZjE5ZWIxZS90ZXh0cmVnaW9uOjM0YWE5Y2MyYzRkYTRkYWNiODcwMDNjMTVmMTllYjFlXzk4OTU2MDQ2NzE2NDI_cfc3c112-c7b4-4675-9334-42b2e22ae9cf">one-year extension options available at the Company's discretion.</div><div style="margin-top:3pt;padding-left:18pt;text-indent:-9pt">(6) There is one <span style="-sec-ix-hidden:id3VybDovL2RvY3MudjEvZG9jOjA5YzlhOTExNGNkNTQxOWJiOTcxZTE4N2IzZDg5NDdjL3NlYzowOWM5YTkxMTRjZDU0MTliYjk3MWUxODdiM2Q4OTQ3Y18xOTYvZnJhZzozNGFhOWNjMmM0ZGE0ZGFjYjg3MDAzYzE1ZjE5ZWIxZS90ZXh0cmVnaW9uOjM0YWE5Y2MyYzRkYTRkYWNiODcwMDNjMTVmMTllYjFlXzk4OTU2MDQ2NzE3MjU_ad1f8faf-3da0-470c-b1d8-405e91622555">one-year extension option available at the Company's discretion.</div><div style="margin-top:3pt;padding-left:18pt;text-indent:-9pt">(7) Includes two <span style="-sec-ix-hidden:id3VybDovL2RvY3MudjEvZG9jOjA5YzlhOTExNGNkNTQxOWJiOTcxZTE4N2IzZDg5NDdjL3NlYzowOWM5YTkxMTRjZDU0MTliYjk3MWUxODdiM2Q4OTQ3Y18xOTYvZnJhZzozNGFhOWNjMmM0ZGE0ZGFjYjg3MDAzYzE1ZjE5ZWIxZS90ZXh0cmVnaW9uOjM0YWE5Y2MyYzRkYTRkYWNiODcwMDNjMTVmMTllYjFlXzMyOTg1MzQ5MjE1Mjg_fa4c17f6-c134-4039-8c47-2305f20d770d">one-year extensions at the Company's option.</div>Below is a summary of the Company's MRAs as of December 31, 2021 and 2020 (dollars in thousands):<table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"/><td style="width:32.233%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.765%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.496%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:16.882%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.402%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.286%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom">Weighted Average</td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">Counterparty</td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom">Amount Outstanding</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom">Accrued Interest</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center">Collateral Pledged (1)</div></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom">Interest Rate</td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom">Days to Maturity</td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom">As of December 31, 2021</td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">JP Morgan Securities LLC</td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom">19,025 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom">261 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom">24,087 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">1.14 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom">%</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom">10</td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">Wells Fargo Securities, LLC</td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">— </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">— </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">— </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom">N/A</td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"> N/A </td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">Goldman Sachs International</td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">— </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">37 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">— </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom">N/A</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom"> N/A </td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">Barclays Capital Inc.</td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">15,286 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">526 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">19,131 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">1.21 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom">%</td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom">14</td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">Credit Suisse AG</td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">— </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">— </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">— </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom">N/A</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom"> N/A </td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">Citigroup Global Markets, Inc.</td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">— </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">81 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">— </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom">N/A</td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"> N/A </td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom">Total/Weighted Average</td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom">34,311 </td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom">905 </td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom">43,218 </td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">1.17 </td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom">%</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:bottom">12</td></tr><tr style="height:15pt"><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:3pt double #000000;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:3pt double #000000;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:3pt double #000000;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:3pt double #000000;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:3pt double #000000;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">As of December 31, 2020</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">JP Morgan Securities LLC</td><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="padding:2px 0;text-align:right;vertical-align:bottom">33,791 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="padding:2px 0;text-align:right;vertical-align:bottom">1,668 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="padding:2px 0;text-align:right;vertical-align:bottom">43,612 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">1.75 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom">%</td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom">31</td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">Wells Fargo Securities, LLC</td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">— </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">1,057 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">— </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom">N/A</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom">N/A</td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">Goldman Sachs International</td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">22,440 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">455 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">30,794 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">1.68 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom">%</td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom">16</td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">Barclays Capital Inc.</td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">76,809 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">2,102 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">97,244 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">1.71 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom">%</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom">33</td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">Credit Suisse AG</td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">— </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">905 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">— </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom">N/A</td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom">N/A</td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">Citigroup Global Markets, Inc.</td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">53,788 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">2,532 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">71,723 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">— </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom">29</td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom">Total/Weighted Average</td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom">186,828 </td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom">8,719 </td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom">243,373 </td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">1.71 </td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom">%</td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom">33</td></tr></table>________________________(1) Includes $43.2 million and $72.2 million of CLO notes, held by the Company, which is eliminated within the Real estate securities, at fair value line of the consolidated balance sheets as of as of December 31, 2021 and December 31, 2020, respectively.<div style="margin-top:5pt;text-indent:18pt">Repurchase agreements (and related pledged collateral, including accrued interest receivable), classified by collateral type and remaining maturities, and related weighted average borrowing rates as of the indicated dates were as follows (dollars in thousands): </div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"/><td style="width:49.777%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.595%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.595%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.595%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.602%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom">Collateral Type</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom">Collateral Carrying Amount</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom">Accrued Interest Receivable</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom">Borrowings Outstanding</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom">Average Borrowing Rates</td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">December 31, 2021</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">Repurchase arrangements secured by Agency securities with maturities of 30 days or less</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom">4,327,020 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom">8,908 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom">4,144,473 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">0.13 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom">%</td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom">4,327,020 </td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom">8,908 </td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom">4,144,473 </td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">0.13 </td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom">%</td></tr><tr style="height:14pt"><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:3pt double #000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:3pt double #000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:3pt double #000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:3pt double #000;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">December 31, 2020</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">Repurchase arrangements secured by Agency securities with maturities of 30 days or less</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom">— </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom">— </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom">— </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">— </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom">%</td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom">— </td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom">— </td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom">— </td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">— </td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div>

CY2021Q4

us-gaap

Line Of Credit Facility Maximum Borrowing Capacity

LineOfCreditFacilityMaximumBorrowingCapacity

1900000000

USD

CY2021Q4

us-gaap

Line Of Credit

LineOfCredit

1019600000

USD

CY2021

us-gaap

Interest Expense Debt

InterestExpenseDebt

16747000

USD

CY2020Q4

us-gaap

Line Of Credit Facility Maximum Borrowing Capacity

LineOfCreditFacilityMaximumBorrowingCapacity

1175000000

USD

CY2020Q4

us-gaap

Line Of Credit

LineOfCredit

276340000

USD

CY2020

us-gaap

Interest Expense Debt

InterestExpenseDebt

11632000

USD

CY2021Q4

us-gaap

Certain Loans Acquired In Transfer Accounted For As Debt Securities Outstanding Balance

CertainLoansAcquiredInTransferAccountedForAsDebtSecuritiesOutstandingBalance

37900000

USD

CY2020Q4

us-gaap

Certain Loans Acquired In Transfer Accounted For As Debt Securities Outstanding Balance

CertainLoansAcquiredInTransferAccountedForAsDebtSecuritiesOutstandingBalance

31400000

USD

CY2021

bsprt

Secured Debt Repurchase Agreements Average Outstanding Amount

SecuredDebtRepurchaseAgreementsAverageOutstandingAmount

3970000000

USD

CY2021

us-gaap

Net Income Loss

NetIncomeLoss

25702000

USD

CY2020

us-gaap

Net Income Loss

NetIncomeLoss

54746000

USD

CY2019

us-gaap

Net Income Loss

NetIncomeLoss

83924000

USD

CY2021

us-gaap

Preferred Stock Dividends And Other Adjustments

PreferredStockDividendsAndOtherAdjustments

33587000

USD

CY2020

us-gaap

Preferred Stock Dividends And Other Adjustments

PreferredStockDividendsAndOtherAdjustments

14920000

USD

CY2019

us-gaap

Preferred Stock Dividends And Other Adjustments

PreferredStockDividendsAndOtherAdjustments

15337000

USD

CY2021

us-gaap

Undistributed Earnings Loss Allocated To Participating Securities Basic

UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic

0

USD

CY2020

us-gaap

Undistributed Earnings Loss Allocated To Participating Securities Basic

UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic

0

USD

CY2019

us-gaap

Undistributed Earnings Loss Allocated To Participating Securities Basic

UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic

1673000

USD

CY2021

us-gaap

Net Income Loss Available To Common Stockholders Diluted

NetIncomeLossAvailableToCommonStockholdersDiluted

-7885000

USD

CY2021

us-gaap

Net Income Loss Available To Common Stockholders Basic

NetIncomeLossAvailableToCommonStockholdersBasic

-7885000

USD

CY2020

us-gaap

Weighted Average Number Of Diluted Shares Outstanding

WeightedAverageNumberOfDilutedSharesOutstanding

44398879

shares

CY2019

us-gaap

Weighted Average Number Of Diluted Shares Outstanding

WeightedAverageNumberOfDilutedSharesOutstanding

41871646

shares

CY2020

us-gaap

Net Income Loss Available To Common Stockholders Basic

NetIncomeLossAvailableToCommonStockholdersBasic

39826000

USD

CY2020

us-gaap

Net Income Loss Available To Common Stockholders Diluted

NetIncomeLossAvailableToCommonStockholdersDiluted

39826000

USD

CY2019

us-gaap

Net Income Loss Available To Common Stockholders Basic

NetIncomeLossAvailableToCommonStockholdersBasic

66914000

USD

CY2019

us-gaap

Net Income Loss Available To Common Stockholders Diluted

NetIncomeLossAvailableToCommonStockholdersDiluted

66914000

USD

CY2021

us-gaap

Weighted Average Number Of Shares Outstanding Basic

WeightedAverageNumberOfSharesOutstandingBasic

43419209

shares

CY2020

us-gaap

Weighted Average Number Of Shares Outstanding Basic

WeightedAverageNumberOfSharesOutstandingBasic

44384813

shares

CY2019

us-gaap

Weighted Average Number Of Shares Outstanding Basic

WeightedAverageNumberOfSharesOutstandingBasic

41859142

shares

CY2021

us-gaap

Weighted Average Number Of Shares Restricted Stock

WeightedAverageNumberOfSharesRestrictedStock

15521

shares

CY2020

us-gaap

Weighted Average Number Of Shares Restricted Stock

WeightedAverageNumberOfSharesRestrictedStock

14066

shares

CY2019

us-gaap

Weighted Average Number Of Shares Restricted Stock

WeightedAverageNumberOfSharesRestrictedStock

12504

shares

CY2021

us-gaap

Weighted Average Number Of Diluted Shares Outstanding

WeightedAverageNumberOfDilutedSharesOutstanding

43434731

shares

CY2021

us-gaap

Earnings Per Share Basic

EarningsPerShareBasic

-0.18

CY2020

us-gaap

Earnings Per Share Basic

EarningsPerShareBasic

0.90

CY2019

us-gaap

Earnings Per Share Basic

EarningsPerShareBasic

1.60

CY2021

us-gaap

Earnings Per Share Diluted

EarningsPerShareDiluted

-0.18

CY2020

us-gaap

Earnings Per Share Diluted

EarningsPerShareDiluted

0.90

CY2019

us-gaap

Earnings Per Share Diluted

EarningsPerShareDiluted

1.60

CY2021Q4

bsprt

Conversion Of Stock Preferred Stock Converted To Common Stock Per Share Stock Consideration Merger

ConversionOfStockPreferredStockConvertedToCommonStockPerShareStockConsiderationMerger

299.2

shares

CY2021Q4

bsprt

Common Stock Shares Issued Merger Conversion Of Preferred Stock

CommonStockSharesIssuedMergerConversionOfPreferredStock

7649632

shares

CY2021Q4

us-gaap

Common Stock Shares Outstanding

CommonStockSharesOutstanding

4500000

shares

CY2021Q4

bsprt

Preferred Stock Authorized Common Stock Shares Reclassified

PreferredStockAuthorizedCommonStockSharesReclassified

50000000

shares

CY2021Q4

us-gaap

Preferred Stock Par Or Stated Value Per Share

PreferredStockParOrStatedValuePerShare

0.01

CY2021Q4

us-gaap

Common Stock Shares Authorized

CommonStockSharesAuthorized

900000000

shares

CY2021Q4

us-gaap

Preferred Stock Shares Authorized

PreferredStockSharesAuthorized

100000000

shares

CY2021Q4

bsprt

Conversion Of Stock Common Stock Per Share Stock Consideration Merger

ConversionOfStockCommonStockPerShareStockConsiderationMerger

0.3288

shares

CY2021Q4

bsprt

Conversion Of Stock Common Stock Per Share Cash Consideration Merger

ConversionOfStockCommonStockPerShareCashConsiderationMerger

0.21

CY2021Q4

bsprt

Conversion Of Stock Common Stock Per Share Advisor Cash Consideration Merger

ConversionOfStockCommonStockPerShareAdvisorCashConsiderationMerger

0.73

bsprt

Stock Repurchased And Retired During Period Redemption Requests Not Fulfilled Shares

StockRepurchasedAndRetiredDuringPeriodRedemptionRequestsNotFulfilledShares

1881556

shares

bsprt

Stock Repurchased And Retired During Period Redemption Requests Not Fulfilled Shares

StockRepurchasedAndRetiredDuringPeriodRedemptionRequestsNotFulfilledShares

761

shares

CY2021Q4

us-gaap

Stock Repurchase Program Authorized Amount1

StockRepurchaseProgramAuthorizedAmount1

65000000

USD

CY2021Q4

us-gaap

Stock Repurchase Program Authorized Amount1

StockRepurchaseProgramAuthorizedAmount1

35000000

USD

CY2021

bsprt

Net Premiums Paid Received On Derivative Instrument Assets

NetPremiumsPaidReceivedOnDerivativeInstrumentAssets

6500000

USD

CY2021Q4

us-gaap

Derivative Notional Amount

DerivativeNotionalAmount

3796860000

USD

CY2021Q4

us-gaap

Derivative Assets

DerivativeAssets

436000

USD

CY2021Q4

us-gaap

Derivative Liabilities

DerivativeLiabilities

32295000

USD

CY2020Q4

us-gaap

Derivative Notional Amount

DerivativeNotionalAmount

122017000

USD

CY2020Q4

us-gaap

Derivative Assets

DerivativeAssets

25000

USD

CY2020Q4

us-gaap

Derivative Liabilities

DerivativeLiabilities

403000

USD

CY2021

us-gaap

Unrealized Gain Loss On Derivatives

UnrealizedGainLossOnDerivatives

7402000

USD

CY2021

us-gaap

Gain Loss On Derivative Instruments Net Pretax

GainLossOnDerivativeInstrumentsNetPretax

484000

USD

CY2020

us-gaap

Unrealized Gain Loss On Derivatives

UnrealizedGainLossOnDerivatives

-995000

USD

CY2020

us-gaap

Gain Loss On Derivative Instruments Net Pretax

GainLossOnDerivativeInstrumentsNetPretax

-12486000

USD

CY2021Q4

us-gaap

Derivative Fair Value Of Derivative Asset

DerivativeFairValueOfDerivativeAsset

436000

USD

CY2021Q4

us-gaap

Derivative Asset Fair Value Gross Liability

DerivativeAssetFairValueGrossLiability

0

USD

CY2021Q4

us-gaap

Derivative Assets

DerivativeAssets

436000

USD

CY2021Q4

us-gaap

Derivative Collateral Obligation To Return Securities

DerivativeCollateralObligationToReturnSecurities

0

USD

CY2021Q4

us-gaap

Derivative Collateral Obligation To Return Cash

DerivativeCollateralObligationToReturnCash

0

USD

CY2021Q4

us-gaap

Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral

DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral

436000

USD

CY2020Q4

us-gaap

Derivative Fair Value Of Derivative Asset

DerivativeFairValueOfDerivativeAsset

25000

USD

CY2020Q4

us-gaap

Derivative Asset Fair Value Gross Liability

DerivativeAssetFairValueGrossLiability

0

USD

CY2020Q4

us-gaap

Derivative Assets

DerivativeAssets

25000

USD

CY2020Q4

us-gaap

Derivative Collateral Obligation To Return Securities

DerivativeCollateralObligationToReturnSecurities

0

USD

CY2020Q4

us-gaap

Derivative Collateral Obligation To Return Cash

DerivativeCollateralObligationToReturnCash

0

USD

CY2020Q4

us-gaap

Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral

DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral

25000

USD

CY2021Q4

us-gaap

Derivative Fair Value Of Derivative Liability

DerivativeFairValueOfDerivativeLiability

32295000

USD

CY2021Q4

us-gaap

Derivative Liability Fair Value Gross Asset

DerivativeLiabilityFairValueGrossAsset

0

USD

CY2021Q4

us-gaap

Derivative Liabilities

DerivativeLiabilities

32295000

USD

CY2021Q4

us-gaap

Derivative Collateral Right To Reclaim Securities

DerivativeCollateralRightToReclaimSecurities

0

USD

CY2021Q4

us-gaap

Derivative Collateral Right To Reclaim Cash

DerivativeCollateralRightToReclaimCash

64393000

USD

CY2021Q4

us-gaap

Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral

DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral

0

USD

CY2020Q4

us-gaap

Derivative Fair Value Of Derivative Liability

DerivativeFairValueOfDerivativeLiability

403000

USD

CY2020Q4

us-gaap

Derivative Liability Fair Value Gross Asset

DerivativeLiabilityFairValueGrossAsset

0

USD

CY2020Q4

us-gaap

Derivative Liabilities

DerivativeLiabilities

403000

USD

CY2020Q4

us-gaap

Derivative Collateral Right To Reclaim Securities

DerivativeCollateralRightToReclaimSecurities

0

USD

CY2020Q4

us-gaap

Derivative Collateral Right To Reclaim Cash

DerivativeCollateralRightToReclaimCash

3435000

USD

CY2020Q4

us-gaap

Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral

DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral

0

USD

CY2021

us-gaap

Investment Income Interest

InvestmentIncomeInterest

216890000

USD

CY2021

bsprt

Revenue From Real Estate Owned

RevenueFromRealEstateOwned

4759000

USD

CY2021

us-gaap

Interest Expense

InterestExpense

60835000

USD

CY2021

us-gaap

Net Income Loss

NetIncomeLoss

25702000

USD

CY2021Q4

us-gaap

Assets

9474701000

USD

CY2020

us-gaap

Investment Income Interest

InvestmentIncomeInterest

179872000

USD

CY2020

bsprt

Revenue From Real Estate Owned

RevenueFromRealEstateOwned

4299000

USD

CY2020

us-gaap

Interest Expense

InterestExpense

66556000

USD

CY2020

us-gaap

Net Income Loss

NetIncomeLoss

54746000

USD

CY2020Q4

us-gaap

Assets

3189761000

USD

CY2019

us-gaap

Investment Income Interest

InvestmentIncomeInterest

195299000

USD

CY2019

bsprt

Revenue From Real Estate Owned

RevenueFromRealEstateOwned

3169000

USD

CY2019

us-gaap

Interest Expense

InterestExpense

90418000

USD

CY2019

us-gaap

Net Income Loss

NetIncomeLoss

83924000

USD

CY2019Q4

us-gaap

Assets

3540620000

USD

CY2021

us-gaap

Income Tax Expense Benefit

IncomeTaxExpenseBenefit

3600000

USD

CY2020

us-gaap

Income Tax Expense Benefit

IncomeTaxExpenseBenefit

-2100000

USD

CY2019

us-gaap

Income Tax Expense Benefit

IncomeTaxExpenseBenefit

4500000

USD

CY2021

us-gaap

Current Federal Tax Expense Benefit

CurrentFederalTaxExpenseBenefit

3093000

USD

CY2020

us-gaap

Current Federal Tax Expense Benefit

CurrentFederalTaxExpenseBenefit

-2086000

USD

CY2019

us-gaap

Current Federal Tax Expense Benefit

CurrentFederalTaxExpenseBenefit

4076000

USD

CY2021

us-gaap

Current State And Local Tax Expense Benefit

CurrentStateAndLocalTaxExpenseBenefit

349000

USD

CY2020

us-gaap

Current State And Local Tax Expense Benefit

CurrentStateAndLocalTaxExpenseBenefit

370000

USD

CY2019

us-gaap

Current State And Local Tax Expense Benefit

CurrentStateAndLocalTaxExpenseBenefit

397000

USD

CY2021

us-gaap

Current Income Tax Expense Benefit

CurrentIncomeTaxExpenseBenefit

3442000

USD

CY2019

us-gaap

Deferred Income Tax Expense Benefit

DeferredIncomeTaxExpenseBenefit

10000

USD

CY2021

us-gaap

Income Tax Expense Benefit

IncomeTaxExpenseBenefit

3599000

USD

CY2020

us-gaap

Current Income Tax Expense Benefit

CurrentIncomeTaxExpenseBenefit

-1716000

USD

CY2019

us-gaap

Current Income Tax Expense Benefit

CurrentIncomeTaxExpenseBenefit

4473000

USD

CY2021

us-gaap

Deferred Federal Income Tax Expense Benefit

DeferredFederalIncomeTaxExpenseBenefit

-1000

USD

CY2020

us-gaap

Deferred Federal Income Tax Expense Benefit

DeferredFederalIncomeTaxExpenseBenefit

0

USD

CY2019

us-gaap

Deferred Federal Income Tax Expense Benefit

DeferredFederalIncomeTaxExpenseBenefit

10000

USD

CY2021

us-gaap

Deferred State And Local Income Tax Expense Benefit

DeferredStateAndLocalIncomeTaxExpenseBenefit

158000

USD

CY2020

us-gaap

Deferred State And Local Income Tax Expense Benefit

DeferredStateAndLocalIncomeTaxExpenseBenefit

-346000

USD

CY2019

us-gaap

Deferred State And Local Income Tax Expense Benefit

DeferredStateAndLocalIncomeTaxExpenseBenefit

0

USD

CY2021

us-gaap

Deferred Income Tax Expense Benefit

DeferredIncomeTaxExpenseBenefit

157000

USD

CY2020

us-gaap

Deferred Income Tax Expense Benefit

DeferredIncomeTaxExpenseBenefit

-346000

USD

CY2020

us-gaap

Income Tax Expense Benefit

IncomeTaxExpenseBenefit

-2062000

USD

CY2019

us-gaap

Income Tax Expense Benefit

IncomeTaxExpenseBenefit

4483000

USD

CY2021

us-gaap

Common Stock Dividends Per Share Declared

CommonStockDividendsPerShareDeclared

1.26

CY2021

bsprt

Common Stock Ordinary Income Per Share Declared

CommonStockOrdinaryIncomePerShareDeclared

1.22

CY2021

bsprt

Common Stock Return Of Capital Per Share Declared

CommonStockReturnOfCapitalPerShareDeclared

0.04

CY2020

us-gaap

Common Stock Dividends Per Share Declared

CommonStockDividendsPerShareDeclared

1.30

CY2020

bsprt

Common Stock Ordinary Income Per Share Declared

CommonStockOrdinaryIncomePerShareDeclared

1.24

CY2020

bsprt

Common Stock Return Of Capital Per Share Declared

CommonStockReturnOfCapitalPerShareDeclared

0.06

CY2020

bsprt

Common Stock Ordinary Income Per Share Declared

CommonStockOrdinaryIncomePerShareDeclared

1.24

CY2020

bsprt

Common Stock Ordinary Income Per Share Declared

CommonStockOrdinaryIncomePerShareDeclared

1.24

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$FBRT
Franklin BSP Realty Trust, Inc. Stock $fbrt

2021 Form 10-K Financial Statement

#000156252822000007 Filed on February 25, 2022

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$FBRT Franklin BSP Realty Trust, Inc. Stock $fbrt

2021 Form 10-K Financial Statement

#000156252822000007 Filed on February 25, 2022

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$FBRT
Franklin BSP Realty Trust, Inc. Stock $fbrt