$GPMT
Granite Point Mortgage Trust Inc. Stock $gpmt

$gpmt Overview Financials Valuation SEC Filings Company Website

2017 Q2 Form 10-Q Financial Statement

#000170364417000007 Filed on August 14, 2017

Income Statement

Concept	2017 Q2	2016 Q2
Revenue	$26.10M	$13.55M
YoY Change	92.62%
Cost Of Revenue	$9.700M	$4.220M
YoY Change	129.86%
Gross Profit	$16.40M	$9.360M
YoY Change	75.21%
Gross Profit Margin	62.84%	69.08%
Selling, General & Admin	$2.210M	$1.520M
YoY Change	45.39%
% of Gross Profit	13.48%	16.24%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses	$2.210M	$1.510M
YoY Change	46.36%
Operating Profit	$14.19M	$7.850M
YoY Change	80.76%
Interest Expense	$7.773M	$2.576M
YoY Change	201.75%
% of Operating Profit	54.78%	32.82%
Other Income/Expense, Net	$0.00	$21.00K
YoY Change	-100.0%
Pretax Income	$14.20M	$7.837M
YoY Change	81.13%
Income Tax	-$2.000K	-$1.000K
% Of Pretax Income	-0.01%	-0.01%
Net Earnings	$14.20M	$7.838M
YoY Change	81.13%
Net Earnings / Revenue	54.39%	57.85%
Basic Earnings Per Share	$0.00
Diluted Earnings Per Share	$0.00	$181.4K
COMMON SHARES
Basic Shares Outstanding	43.23M shares	0.000 shares
Diluted Shares Outstanding	43.23M shares

Balance Sheet

Concept	2017 Q2	2016 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$249.1M
YoY Change
Cash & Equivalents	$249.1M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables	$15.40M
Other Receivables	$400.0K
Total Short-Term Assets	$264.9M
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$1.796B
YoY Change
Other Assets	$11.50M
YoY Change
Total Long-Term Assets	$1.807B
YoY Change
TOTAL ASSETS
Total Short-Term Assets	$264.9M
Total Long-Term Assets	$1.807B
Total Assets	$2.072B
YoY Change
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses	$4.300M
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt	$685.0M
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$691.1M
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt	$547.4M
YoY Change
Other Long-Term Liabilities	$100.0K
YoY Change
Total Long-Term Liabilities	$547.5M
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities	$691.1M
Total Long-Term Liabilities	$547.5M
Total Liabilities	$1.239B
YoY Change
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock	$432.0K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$832.4M	$435.5M
YoY Change
Total Liabilities & Shareholders Equity	$2.072B
YoY Change

Cashflow Statement

Concept	2017 Q2	2016 Q2
OPERATING ACTIVITIES
Net Income	$14.20M	$7.838M
YoY Change	81.13%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities	-$17.09M	$8.900M
YoY Change	-292.02%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities	-$232.4M	-$177.0M
YoY Change	31.3%
Cash From Investing Activities	-$232.4M	-$177.0M
YoY Change	31.3%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net	$181.9M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	464.0M	172.7M
YoY Change	168.71%
NET CHANGE
Cash From Operating Activities	-17.09M	8.900M
Cash From Investing Activities	-232.4M	-177.0M
Cash From Financing Activities	464.0M	172.7M
Net Change In Cash	214.6M	4.620M
YoY Change	4544.81%
FREE CASH FLOW
Cash From Operating Activities	-$17.09M	$8.900M
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
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	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q2
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2017
	dei	Document Period End Date DocumentPeriodEndDate	2017-06-30
	dei	Document Type DocumentType	10-Q
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CY2017Q3	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	43234205	shares
	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
	dei	Entity Registrant Name EntityRegistrantName	GRANITE POINT MORTGAGE TRUST INC.
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CY2017Q2	gpmt	Available For Sale Securities Face Value AvailableForSaleSecuritiesFaceValue	12798000	USD
CY2016Q4	gpmt	Available For Sale Securities Unrealized Gains AvailableForSaleSecuritiesUnrealizedGains	0	USD
CY2017Q2	gpmt	Available For Sale Securities Unrealized Gains AvailableForSaleSecuritiesUnrealizedGains	0	USD
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CY2017Q2	gpmt	Available For Sale Securities Unrealized Losses AvailableForSaleSecuritiesUnrealizedLosses	16000	USD
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CY2016Q2	gpmt	Cash Cash Equivalentsand Restricted Cash CashCashEquivalentsandRestrictedCash	128681000	USD
CY2016Q4	gpmt	Cash Cash Equivalentsand Restricted Cash CashCashEquivalentsandRestrictedCash	56279000	USD
CY2017Q2	gpmt	Cash Cash Equivalentsand Restricted Cash CashCashEquivalentsandRestrictedCash	251475000	USD
	gpmt	Cash Cash Equivalentsand Restricted Cash Period Increase Decrease CashCashEquivalentsandRestrictedCashPeriodIncreaseDecrease	72343000	USD
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CY2016Q4	us-gaap	Held To Maturity Securities HeldToMaturitySecurities	48252000	USD
CY2017Q2	us-gaap	Held To Maturity Securities HeldToMaturitySecurities	43496000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	13770000	USD
CY2017Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	14195000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	27650000	USD
CY2016Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-1000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-7000	USD
CY2017Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-2000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-1000	USD
CY2016Q4	us-gaap	Income Tax Receivable IncomeTaxReceivable	5000	USD
CY2017Q2	us-gaap	Income Tax Receivable IncomeTaxReceivable	8000	USD
	us-gaap	Income Taxes Paid IncomeTaxesPaid	64000	USD
	us-gaap	Income Taxes Paid IncomeTaxesPaid	2000	USD
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	1723000	USD
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	2760000	USD
	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	-70000	USD
	us-gaap	Increase Decrease In Due To Affiliates IncreaseDecreaseInDueToAffiliates	6767000	USD
	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	0	USD
	us-gaap	Increase Decrease In Accrued Interest Receivable Net IncreaseDecreaseInAccruedInterestReceivableNet	637000	USD
	us-gaap	Increase Decrease In Accrued Interest Receivable Net IncreaseDecreaseInAccruedInterestReceivableNet	1188000	USD
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	59000	USD
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	2726000	USD
	us-gaap	Increase Decrease In Brokerage Receivables IncreaseDecreaseInBrokerageReceivables	0	USD
	us-gaap	Increase Decrease In Brokerage Receivables IncreaseDecreaseInBrokerageReceivables	112000	USD
	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	-58000	USD
	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	-29000	USD
	us-gaap	Increase Decrease In Due To Affiliates IncreaseDecreaseInDueToAffiliates	-19703000	USD
	us-gaap	Increase Decrease In Income Taxes Receivable IncreaseDecreaseInIncomeTaxesReceivable	2000	USD
	us-gaap	Increase Decrease In Income Taxes Receivable IncreaseDecreaseInIncomeTaxesReceivable	3000	USD
	us-gaap	Increase Decrease In Interest Payable Net IncreaseDecreaseInInterestPayableNet	470000	USD
	us-gaap	Increase Decrease In Interest Payable Net IncreaseDecreaseInInterestPayableNet	376000	USD
CY2016Q2	us-gaap	Increase Decrease In Loans Deferred Income IncreaseDecreaseInLoansDeferredIncome	-2899000	USD
	us-gaap	Increase Decrease In Loans Deferred Income IncreaseDecreaseInLoansDeferredIncome	-4009000	USD
CY2017Q2	us-gaap	Increase Decrease In Loans Deferred Income IncreaseDecreaseInLoansDeferredIncome	-3771000	USD
	us-gaap	Increase Decrease In Loans Deferred Income IncreaseDecreaseInLoansDeferredIncome	-5710000	USD
CY2016Q2	us-gaap	Interest And Dividend Income Operating InterestAndDividendIncomeOperating	13550000	USD
	us-gaap	Interest And Dividend Income Operating InterestAndDividendIncomeOperating	24891000	USD
CY2017Q2	us-gaap	Interest And Dividend Income Operating InterestAndDividendIncomeOperating	26100000	USD
	us-gaap	Interest And Dividend Income Operating InterestAndDividendIncomeOperating	49918000	USD
CY2016Q2	us-gaap	Interest And Dividend Income Securities Available For Sale InterestAndDividendIncomeSecuritiesAvailableForSale	248000	USD
	us-gaap	Interest And Dividend Income Securities Available For Sale InterestAndDividendIncomeSecuritiesAvailableForSale	516000	USD
CY2017Q2	us-gaap	Interest And Dividend Income Securities Available For Sale InterestAndDividendIncomeSecuritiesAvailableForSale	256000	USD
	us-gaap	Interest And Dividend Income Securities Available For Sale InterestAndDividendIncomeSecuritiesAvailableForSale	502000	USD
CY2016Q2	us-gaap	Interest And Dividend Income Securities Held To Maturity InterestAndDividendIncomeSecuritiesHeldToMaturity	1062000	USD
	us-gaap	Interest And Dividend Income Securities Held To Maturity InterestAndDividendIncomeSecuritiesHeldToMaturity	2243000	USD
CY2017Q2	us-gaap	Interest And Dividend Income Securities Held To Maturity InterestAndDividendIncomeSecuritiesHeldToMaturity	920000	USD
	us-gaap	Interest And Dividend Income Securities Held To Maturity InterestAndDividendIncomeSecuritiesHeldToMaturity	1852000	USD
CY2016Q2	us-gaap	Interest And Fee Income Loans Commercial Real Estate InterestAndFeeIncomeLoansCommercialRealEstate	12238000	USD
	us-gaap	Interest And Fee Income Loans Commercial Real Estate InterestAndFeeIncomeLoansCommercialRealEstate	22129000	USD
CY2017Q2	us-gaap	Interest And Fee Income Loans Commercial Real Estate InterestAndFeeIncomeLoansCommercialRealEstate	24920000	USD
	us-gaap	Interest And Fee Income Loans Commercial Real Estate InterestAndFeeIncomeLoansCommercialRealEstate	47558000	USD
CY2016Q2	us-gaap	Interest Expense InterestExpense	2576000	USD
	us-gaap	Interest Expense InterestExpense	4028000	USD
CY2017Q2	us-gaap	Interest Expense InterestExpense	7773000	USD
	us-gaap	Interest Expense InterestExpense	13879000	USD
CY2016Q2	us-gaap	Interest Income Domestic Deposits InterestIncomeDomesticDeposits	2000	USD
	us-gaap	Interest Income Domestic Deposits InterestIncomeDomesticDeposits	3000	USD
CY2017Q2	us-gaap	Interest Income Domestic Deposits InterestIncomeDomesticDeposits	4000	USD
	us-gaap	Interest Income Domestic Deposits InterestIncomeDomesticDeposits	6000	USD
CY2016Q2	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	10974000	USD
	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	20863000	USD
CY2017Q2	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	18327000	USD
	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	36039000	USD
	us-gaap	Interest Paid InterestPaid	3558000	USD
	us-gaap	Interest Paid InterestPaid	13503000	USD
CY2016Q4	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	655000	USD
CY2017Q2	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	1031000	USD
CY2016Q4	us-gaap	Interest Receivable InterestReceivable	3745000	USD
CY2017Q2	us-gaap	Interest Receivable InterestReceivable	4933000	USD
CY2016Q4	us-gaap	Liabilities Liabilities	1067616000	USD
CY2017Q2	us-gaap	Liabilities Liabilities	1238591000	USD
CY2016Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1495607000	USD
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	26000	USD
CY2017Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	2071989000	USD
CY2016Q4	us-gaap	Loans And Leases Receivable Before Fees Gross LoansAndLeasesReceivableBeforeFeesGross	1376193000	USD
CY2016Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	21000	USD
CY2017Q2	us-gaap	Loans Pledged As Collateral LoansPledgedAsCollateral	1559755000	USD
CY2016Q4	us-gaap	Loans Receivable Fair Value Disclosure LoansReceivableFairValueDisclosure	1375437000	USD
CY2017Q2	us-gaap	Loans Receivable Fair Value Disclosure LoansReceivableFairValueDisclosure	1752239000	USD
CY2017Q2	us-gaap	Minority Interest Ownership Percentage By Parent MinorityInterestOwnershipPercentageByParent	0.765
CY2016Q4	us-gaap	Mortgage Backed Securities Held To Maturity Fair Value Disclosure MortgageBackedSecuritiesHeldToMaturityFairValueDisclosure	47779000	USD
CY2017Q2	us-gaap	Loans And Leases Receivable Before Fees Gross LoansAndLeasesReceivableBeforeFeesGross	1752751000	USD
CY2015Q4	us-gaap	Loans And Leases Receivable Net Reported Amount LoansAndLeasesReceivableNetReportedAmount	597693000	USD
CY2016Q1	us-gaap	Loans And Leases Receivable Net Reported Amount LoansAndLeasesReceivableNetReportedAmount	684890000	USD
CY2016Q2	us-gaap	Loans And Leases Receivable Net Reported Amount LoansAndLeasesReceivableNetReportedAmount	876625000	USD
CY2016Q4	us-gaap	Loans And Leases Receivable Net Reported Amount LoansAndLeasesReceivableNetReportedAmount	1364291000	USD
CY2017Q1	us-gaap	Loans And Leases Receivable Net Reported Amount LoansAndLeasesReceivableNetReportedAmount	1502966000	USD
CY2017Q2	us-gaap	Loans And Leases Receivable Net Reported Amount LoansAndLeasesReceivableNetReportedAmount	1739253000	USD
CY2016Q4	us-gaap	Loans Pledged As Collateral LoansPledgedAsCollateral	1309625000	USD
CY2017Q2	us-gaap	Mortgage Backed Securities Held To Maturity Fair Value Disclosure MortgageBackedSecuritiesHeldToMaturityFairValueDisclosure	43209000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	333048000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	564265000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-274850000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-366204000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	14145000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-2865000	USD
CY2016Q2	us-gaap	Net Income Loss NetIncomeLoss	7838000	USD
	us-gaap	Net Income Loss NetIncomeLoss	13777000	USD
CY2017Q2	us-gaap	Net Income Loss NetIncomeLoss	14197000	USD
	us-gaap	Net Income Loss NetIncomeLoss	27651000	USD
CY2016Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	0	USD
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	0	USD
CY2017Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	169000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	169000	USD
	us-gaap	Noncash Or Part Noncash Acquisition Net Nonmonetary Assets Acquired Liabilities Assumed1 NoncashOrPartNoncashAcquisitionNetNonmonetaryAssetsAcquiredLiabilitiesAssumed1	0	USD
	us-gaap	Noncash Or Part Noncash Acquisition Net Nonmonetary Assets Acquired Liabilities Assumed1 NoncashOrPartNoncashAcquisitionNetNonmonetaryAssetsAcquiredLiabilitiesAssumed1	651000000	USD
CY2017Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	0	USD
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	0	USD
CY2016Q4	us-gaap	Notes Payable Related Parties Current And Noncurrent NotesPayableRelatedPartiesCurrentAndNoncurrent	593632000	USD
CY2017Q2	us-gaap	Notes Payable Related Parties Current And Noncurrent NotesPayableRelatedPartiesCurrentAndNoncurrent	592280000	USD
CY2016Q2	us-gaap	Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax	63000	USD
	us-gaap	Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax	-192000	USD
CY2017Q2	us-gaap	Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax	16000	USD
	us-gaap	Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax	96000	USD
	us-gaap	Other Comprehensive Income Loss Before Reclassifications Net Of Tax OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax	-192000	USD
	us-gaap	Other Comprehensive Income Loss Before Reclassifications Net Of Tax OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax	96000	USD
CY2016Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	63000	USD
	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-192000	USD
CY2017Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	16000	USD
	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	96000	USD
	us-gaap	Other Cost And Expense Operating OtherCostAndExpenseOperating	3483000	USD
CY2017Q2	us-gaap	Other Cost And Expense Operating OtherCostAndExpenseOperating	1900000	USD
CY2016Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2017Q2	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
	us-gaap	Other Cost And Expense Operating OtherCostAndExpenseOperating	4173000	USD
CY2016Q4	us-gaap	Other Liabilities OtherLiabilities	559000	USD
CY2017Q2	us-gaap	Other Liabilities OtherLiabilities	3285000	USD
	us-gaap	Payments Of Distributions To Affiliates PaymentsOfDistributionsToAffiliates	65000000	USD
	us-gaap	Payments Of Distributions To Affiliates PaymentsOfDistributionsToAffiliates	60000000	USD
CY2017Q2	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	13125000	USD
	us-gaap	Payments To Acquire Available For Sale Securities PaymentsToAcquireAvailableForSaleSecurities	15000000	USD
	us-gaap	Payments To Acquire Available For Sale Securities PaymentsToAcquireAvailableForSaleSecurities	0	USD
	us-gaap	Payments To Acquire Loans And Leases Held For Investment PaymentsToAcquireLoansAndLeasesHeldForInvestment	276439000	USD
	us-gaap	Payments To Acquire Loans And Leases Held For Investment PaymentsToAcquireLoansAndLeasesHeldForInvestment	372338000	USD
CY2017Q2	us-gaap	Preferred Stock Dividend Rate Percentage PreferredStockDividendRatePercentage	0.1
CY2017Q2	us-gaap	Preferred Stock Liquidation Preference PreferredStockLiquidationPreference	1000
CY2017Q2	us-gaap	Preferred Stock Redemption Price Per Share PreferredStockRedemptionPricePerShare	1000
CY2016Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	0	shares
CY2017Q2	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	50000000	shares
CY2016Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2017Q2	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	1000	shares
CY2016Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2017Q2	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	1000	shares
CY2016Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2017Q2	us-gaap	Preferred Stock Value PreferredStockValue	1000000	USD
	us-gaap	Proceeds From Contributions From Affiliates ProceedsFromContributionsFromAffiliates	254785000	USD
	us-gaap	Proceeds From Contributions From Parent ProceedsFromContributionsFromParent	0	USD
	us-gaap	Proceeds From Contributions From Parent ProceedsFromContributionsFromParent	254785000	USD
CY2017Q2	us-gaap	Proceeds From Issuance Initial Public Offering ProceedsFromIssuanceInitialPublicOffering	195000000	USD
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	0	USD
CY2017Q2	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	181875000	USD
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	181875000	USD
	us-gaap	Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities	2202000	USD
	us-gaap	Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities	0	USD
	us-gaap	Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities	13508000	USD
	us-gaap	Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities	4756000	USD
CY2016Q2	us-gaap	Proceeds From Principal Repayments On Loans And Leases Held For Investment ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment	239000	USD
	us-gaap	Proceeds From Principal Repayments On Loans And Leases Held For Investment ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment	879000	USD
CY2017Q2	us-gaap	Proceeds From Principal Repayments On Loans And Leases Held For Investment ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment	296000	USD
	us-gaap	Proceeds From Principal Repayments On Loans And Leases Held For Investment ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment	1490000	USD
CY2016Q2	us-gaap	Provision For Loan And Lease Losses ProvisionForLoanAndLeaseLosses	0	USD
	us-gaap	Provision For Loan And Lease Losses ProvisionForLoanAndLeaseLosses	0	USD
CY2017Q2	us-gaap	Provision For Loan And Lease Losses ProvisionForLoanAndLeaseLosses	0	USD
	us-gaap	Provision For Loan And Lease Losses ProvisionForLoanAndLeaseLosses	0	USD
	us-gaap	Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax	0	USD
	us-gaap	Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax	0	USD
CY2016Q4	us-gaap	Repurchase Agreement Counterparty Amount At Risk RepurchaseAgreementCounterpartyAmountAtRisk	212719000	USD
CY2017Q2	us-gaap	Repurchase Agreement Counterparty Amount At Risk RepurchaseAgreementCounterpartyAmountAtRisk	257592000	USD
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue	0.00
CY2016Q4	us-gaap	Securities Sold Under Agreements To Repurchase Asset SecuritiesSoldUnderAgreementsToRepurchaseAsset	0	USD
CY2015Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	250000	USD
CY2016Q2	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	6238000	USD
CY2016Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	260000	USD
CY2017Q2	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	2357000	USD
CY2017Q2	us-gaap	Securities Sold Under Agreements To Repurchase Asset SecuritiesSoldUnderAgreementsToRepurchaseAsset	0	USD
CY2016Q4	us-gaap	Securities Sold Under Agreements To Repurchase Collateral Right To Reclaim Cash SecuritiesSoldUnderAgreementsToRepurchaseCollateralRightToReclaimCash	0	USD
CY2017Q2	us-gaap	Securities Sold Under Agreements To Repurchase Collateral Right To Reclaim Cash SecuritiesSoldUnderAgreementsToRepurchaseCollateralRightToReclaimCash	0	USD
CY2016Q4	us-gaap	Securities Sold Under Agreements To Repurchase Gross SecuritiesSoldUnderAgreementsToRepurchaseGross	451167000	USD
CY2017Q2	us-gaap	Securities Sold Under Agreements To Repurchase Gross SecuritiesSoldUnderAgreementsToRepurchaseGross	640124000	USD
CY2016Q4	us-gaap	Securities Sold Under Agreements To Repurchase Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election SecuritiesSoldUnderAgreementsToRepurchaseOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection	0	USD
CY2017Q2	us-gaap	Securities Sold Under Agreements To Repurchase Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election SecuritiesSoldUnderAgreementsToRepurchaseOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection	0	USD
CY2016Q4	us-gaap	Securities Sold Under Agreements To Resell Not Offset Policy Election Deduction SecuritiesSoldUnderAgreementsToResellNotOffsetPolicyElectionDeduction	451167000	USD
CY2017Q2	us-gaap	Securities Sold Under Agreements To Resell Not Offset Policy Election Deduction SecuritiesSoldUnderAgreementsToResellNotOffsetPolicyElectionDeduction	640124000	USD
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod	0	shares
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	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue	0.00
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod	0	shares
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod	163205	shares
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CY2015Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber	0	shares
CY2016Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber	0	shares
CY2016Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber	0	shares
CY2017Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber	150000	shares
CY2015Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue	0.00
CY2016Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue	0.00
CY2016Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue	0.00
CY2017Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue	19.50
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod	0	shares
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CY2017Q2	us-gaap	Shares Issued Price Per Share SharesIssuedPricePerShare	19.50
CY2016Q4	us-gaap	Short Term Debt Weighted Average Interest Rate ShortTermDebtWeightedAverageInterestRate	0.0085
CY2017Q2	us-gaap	Short Term Debt Weighted Average Interest Rate ShortTermDebtWeightedAverageInterestRate	0.0152
CY2017Q2	us-gaap	Stock Issued During Period Shares New Issues StockIssuedDuringPeriodSharesNewIssues	10000000	shares
	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	181875000	USD
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CY2015Q4	us-gaap	Stockholders Equity StockholdersEquity	486942000	USD
CY2016Q2	us-gaap	Stockholders Equity StockholdersEquity	435527000	USD
CY2016Q4	us-gaap	Stockholders Equity StockholdersEquity	427991000	USD
CY2017Q2	us-gaap	Stockholders Equity StockholdersEquity	832398000	USD
CY2016Q4	us-gaap	Unamortized Debt Issuance Expense UnamortizedDebtIssuanceExpense	2365000	USD
CY2017Q2	us-gaap	Unamortized Debt Issuance Expense UnamortizedDebtIssuanceExpense	9186000	USD
CY2016Q4	us-gaap	Variable Interest Entity Consolidated Carrying Amount Assets VariableInterestEntityConsolidatedCarryingAmountAssets	46047000	USD
CY2017Q2	us-gaap	Variable Interest Entity Consolidated Carrying Amount Assets VariableInterestEntityConsolidatedCarryingAmountAssets	46049000	USD
CY2016Q4	us-gaap	Variable Interest Entity Entity Maximum Loss Exposure Amount VariableInterestEntityEntityMaximumLossExposureAmount	60938000	USD
CY2017Q2	us-gaap	Variable Interest Entity Entity Maximum Loss Exposure Amount VariableInterestEntityEntityMaximumLossExposureAmount	56278000	USD
CY2016Q4	us-gaap	Variable Interest Entity Nonconsolidated Carrying Amount Assets VariableInterestEntityNonconsolidatedCarryingAmountAssets	60900000	USD
CY2017Q2	us-gaap	Variable Interest Entity Nonconsolidated Carrying Amount Assets VariableInterestEntityNonconsolidatedCarryingAmountAssets	56300000	USD
CY2016Q2	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	0	shares
	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	0	shares
CY2017Q2	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	43234205	shares
	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	43234205	shares
CY2016Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	0	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	0	shares
CY2017Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	43084205	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	43084205	shares
CY2016Q2	us-gaap	Weighted Average Number Of Shares Restricted Stock WeightedAverageNumberOfSharesRestrictedStock	0	shares
	us-gaap	Weighted Average Number Of Shares Restricted Stock WeightedAverageNumberOfSharesRestrictedStock	0	shares
CY2017Q2	us-gaap	Weighted Average Number Of Shares Restricted Stock WeightedAverageNumberOfSharesRestrictedStock	150000	shares
	us-gaap	Weighted Average Number Of Shares Restricted Stock WeightedAverageNumberOfSharesRestrictedStock	150000	shares
	us-gaap	Nature Of Operations NatureOfOperations	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Organization and Operations</font></div><div style="line-height:120%;padding-top:4px;text-align:left;text-indent:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Granite Point Mortgage Trust Inc., or the Company, is a Maryland corporation that focuses primarily on directly originating, investing in and managing senior floating-rate commercial mortgage loans and other debt and debt-like commercial real estate investments. The Company is externally managed and advised by Pine River Capital Management L.P., or PRCM, a global multi-strategy asset management firm. The Company’s common stock is listed on the New York Stock Exchange, or NYSE, under the symbol “GPMT”.</font></div><div style="line-height:120%;padding-top:4px;text-align:left;text-indent:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company was incorporated on April 7, 2017 and commenced operations as a publicly traded company on June 28, 2017, upon completion of an initial public offering, or the IPO. Concurrently with the closing of the IPO, the Company completed a formation transaction, or the Formation Transaction, pursuant to which the Company acquired the equity interests in TH Commercial Holdings LLC, or the Predecessor, from Two Harbors Investment Corp., or Two Harbors, a publicly traded hybrid mortgage real estate investment trust (NYSE: TWO). In exchange, the Company issued </font><font style="font-family:inherit;font-size:10pt;">33,071,000</font><font style="font-family:inherit;font-size:10pt;"> shares of its common stock, representing approximately </font><font style="font-family:inherit;font-size:10pt;">76.5%</font><font style="font-family:inherit;font-size:10pt;"> of its outstanding common stock after the IPO, and </font><font style="font-family:inherit;font-size:10pt;">1,000</font><font style="font-family:inherit;font-size:10pt;"> shares of its </font><font style="font-family:inherit;font-size:10pt;">10%</font><font style="font-family:inherit;font-size:10pt;"> cumulative redeemable preferred stock to Two Harbors. Upon the completion of the Formation Transaction, the Predecessor became the Company’s wholly owned indirect subsidiary.</font></div><div style="line-height:120%;padding-top:4px;text-align:left;text-indent:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company intends to elect to be treated as a real estate investment trust, or REIT, as defined under the Internal Revenue Code of 1986, as amended, or the Code, for U.S. federal income tax purposes. As long as the Company continues to comply with a number of requirements under federal tax law and maintains its qualification as a REIT, the Company generally will not be subject to U.S. federal income taxes to the extent that the Company distributes its taxable income to its stockholders on an annual basis and does not engage in prohibited transactions. However, certain activities that the Company may perform may cause it to earn income which will not be qualifying income for REIT purposes. The Company has designated one of its subsidiaries as a taxable REIT subsidiary, or TRS, as defined in the Code, to engage in such activities, and the Company may in the future form additional TRSs.</font></div></div>

Files In Submission

Name	View Source	Status
0001703644-17-000007-index-headers.html	Edgar Link	pending
0001703644-17-000007-index.html	Edgar Link	pending
0001703644-17-000007.txt	Edgar Link	pending
0001703644-17-000007-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
gpmt-20170630.xml	Edgar Link	completed
gpmt-20170630.xsd	Edgar Link	pending
gpmt-20170630_cal.xml	Edgar Link	unprocessable
gpmt-20170630_def.xml	Edgar Link	unprocessable
gpmt-20170630_lab.xml	Edgar Link	unprocessable
gpmt-20170630_pre.xml	Edgar Link	unprocessable
gpmt630201710qdocument.htm	Edgar Link	pending
gpmtexh6-30x17101.htm	Edgar Link	pending
gpmtexh63017311.htm	Edgar Link	pending
gpmtexh63017312.htm	Edgar Link	pending
gpmtexh63017321.htm	Edgar Link	pending
gpmtexh63017322.htm	Edgar Link	pending
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$GPMT
Granite Point Mortgage Trust Inc. Stock $gpmt

2017 Q2 Form 10-Q Financial Statement

#000170364417000007 Filed on August 14, 2017

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$GPMT Granite Point Mortgage Trust Inc. Stock $gpmt

2017 Q2 Form 10-Q Financial Statement

#000170364417000007 Filed on August 14, 2017

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$GPMT
Granite Point Mortgage Trust Inc. Stock $gpmt