$GPMT
Granite Point Mortgage Trust Inc. Stock $gpmt

$gpmt Overview Financials Valuation SEC Filings Company Website

2018 Q1 Form 10-Q Financial Statement

#000170364418000031 Filed on May 10, 2018

Income Statement

Concept	2018 Q1	2017 Q1
Revenue	$39.98M	$23.82M
YoY Change	67.84%	110.02%
Cost Of Revenue	$21.58M	$7.770M
YoY Change	177.73%	141.3%
Gross Profit	$19.28M	$16.05M
YoY Change	20.12%	97.42%
Gross Profit Margin	48.23%	67.39%
Selling, General & Admin	$4.690M	$2.600M
YoY Change	80.38%	18.72%
% of Gross Profit	24.33%	16.2%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$1.000K	$0.00
YoY Change
% of Gross Profit	0.01%	0.0%
Operating Expenses	$4.690M	$2.590M
YoY Change	81.08%	18.26%
Operating Profit	$14.59M	$13.46M
YoY Change	8.4%	126.6%
Interest Expense	$18.37M	$6.106M
YoY Change	200.9%	320.81%
% of Operating Profit	125.93%	45.36%
Other Income/Expense, Net	$882.0K	$0.00
YoY Change		-100.0%
Pretax Income	$14.59M	$13.46M
YoY Change	8.41%	126.9%
Income Tax	$1.000K	$1.000K
% Of Pretax Income	0.01%	0.01%
Net Earnings	$14.59M	$13.45M
YoY Change	8.41%	126.5%
Net Earnings / Revenue	36.49%	56.49%
Basic Earnings Per Share	$0.34	$0.00
Diluted Earnings Per Share	$0.33	$0.00
COMMON SHARES
Basic Shares Outstanding	43.37M shares	0.000 shares
Diluted Shares Outstanding	50.47M shares	0.000 shares

Balance Sheet

Concept	2018 Q1	2017 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$72.10M	$34.60M
YoY Change	108.38%
Cash & Equivalents	$72.07M	$34.60M
Short-Term Investments
Other Short-Term Assets	$200.0K
YoY Change
Inventory
Prepaid Expenses
Receivables	$7.600M	$12.90M
Other Receivables	$0.00	$500.0K
Total Short-Term Assets	$79.90M	$48.00M
YoY Change	66.46%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$2.415B	$1.561B
YoY Change	54.66%
Other Assets	$12.50M	$4.900M
YoY Change	155.1%
Total Long-Term Assets	$2.441B	$1.566B
YoY Change	55.83%
TOTAL ASSETS
Total Short-Term Assets	$79.90M	$48.00M
Total Long-Term Assets	$2.441B	$1.566B
Total Assets	$2.521B	$1.614B
YoY Change	56.15%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses	$11.50M	$1.400M
YoY Change	721.43%
Deferred Revenue
YoY Change
Short-Term Debt	$33.70M	$930.6M
YoY Change	-96.38%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$61.80M	$957.5M
YoY Change	-93.55%
LONG-TERM LIABILITIES
Long-Term Debt	$1.631B	$215.3M
YoY Change	657.32%
Other Long-Term Liabilities	$100.0K	$0.00
YoY Change
Total Long-Term Liabilities	$1.631B	$215.3M
YoY Change	657.36%
TOTAL LIABILITIES
Total Short-Term Liabilities	$61.80M	$957.5M
Total Long-Term Liabilities	$1.631B	$215.3M
Total Liabilities	$1.692B	$1.173B
YoY Change	44.3%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock	$434.0K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$827.4M	$441.5M
YoY Change
Total Liabilities & Shareholders Equity	$2.521B	$1.614B
YoY Change	56.15%

Cashflow Statement

Concept	2018 Q1	2017 Q1
OPERATING ACTIVITIES
Net Income	$14.59M	$13.45M
YoY Change	8.41%	126.5%
Depreciation, Depletion And Amortization	$1.000K	$0.00
YoY Change
Cash From Operating Activities	$13.13M	$14.22M
YoY Change	-7.64%	170.76%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities	-$52.88M	-$133.8M
YoY Change	-60.49%	36.74%
Cash From Investing Activities	-$52.88M	-$133.8M
YoY Change	-60.49%	36.74%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net	$0.00
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	$6.102M	$100.2M
YoY Change	-93.91%	-37.5%
NET CHANGE
Cash From Operating Activities	$13.13M	$14.22M
Cash From Investing Activities	-$52.88M	-$133.8M
Cash From Financing Activities	$6.102M	$100.2M
Net Change In Cash	-$33.65M	-$19.40M
YoY Change	73.44%	-128.65%
FREE CASH FLOW
Cash From Operating Activities	$13.13M	$14.22M
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2017Q4	gpmt	Available For Sale Securities Unrealized Losses AvailableForSaleSecuritiesUnrealizedLosses	0	USD
CY2018Q1	gpmt	Available For Sale Securities Unrealized Losses AvailableForSaleSecuritiesUnrealizedLosses	0	USD
CY2018Q1	gpmt	Availablefor Sale Securities Weighted Average Life Remaining AvailableforSaleSecuritiesWeightedAverageLifeRemaining	P6M
CY2018Q1	dei	Amendment Flag AmendmentFlag	false
CY2018Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2018Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2018Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2018
CY2018Q1	dei	Document Period End Date DocumentPeriodEndDate	2018-03-31
CY2018Q1	dei	Document Type DocumentType	10-Q
CY2018Q1	dei	Entity Central Index Key EntityCentralIndexKey	0001703644
CY2018Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	43437059	shares
CY2018Q1	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
CY2018Q1	dei	Entity Registrant Name EntityRegistrantName	GRANITE POINT MORTGAGE TRUST INC.
CY2017	gpmt	Assets Soldunder Agreementsto Repurchase Weighted Average Maturity AssetsSoldunderAgreementstoRepurchaseWeightedAverageMaturity	P1Y9M6D
CY2018Q1	gpmt	Assets Soldunder Agreementsto Repurchase Weighted Average Maturity AssetsSoldunderAgreementstoRepurchaseWeightedAverageMaturity	P1Y6M29D
CY2017Q4	gpmt	Available For Sale Securities Face Value AvailableForSaleSecuritiesFaceValue	12798000	USD
CY2018Q1	gpmt	Available For Sale Securities Face Value AvailableForSaleSecuritiesFaceValue	12798000	USD
CY2017Q4	gpmt	Available For Sale Securities Unrealized Gains AvailableForSaleSecuritiesUnrealizedGains	0	USD
CY2018Q1	gpmt	Available For Sale Securities Unrealized Gains AvailableForSaleSecuritiesUnrealizedGains	16000	USD
CY2016Q4	gpmt	Cash Cash Equivalentsand Restricted Cash CashCashEquivalentsandRestrictedCash	56279000	USD
CY2017Q1	gpmt	Cash Cash Equivalentsand Restricted Cash CashCashEquivalentsandRestrictedCash	36877000	USD
CY2017Q4	gpmt	Cash Cash Equivalentsand Restricted Cash CashCashEquivalentsandRestrictedCash	110718000	USD
CY2018Q1	gpmt	Cash Cash Equivalentsand Restricted Cash CashCashEquivalentsandRestrictedCash	77068000	USD
CY2017Q1	gpmt	Cash Cash Equivalentsand Restricted Cash Period Increase Decrease CashCashEquivalentsandRestrictedCashPeriodIncreaseDecrease	-19402000	USD
CY2018Q1	gpmt	Cash Cash Equivalentsand Restricted Cash Period Increase Decrease CashCashEquivalentsandRestrictedCashPeriodIncreaseDecrease	-33650000	USD
CY2017Q1	gpmt	Comprehensive Income Loss Attributableto Common Stockholders ComprehensiveIncomeLossAttributabletoCommonStockholders	13534000	USD
CY2018Q1	gpmt	Comprehensive Income Loss Attributableto Common Stockholders ComprehensiveIncomeLossAttributabletoCommonStockholders	14577000	USD
CY2017Q4	gpmt	Heldto Maturity Securities Face Value HeldtoMaturitySecuritiesFaceValue	42169000	USD
CY2018Q1	gpmt	Heldto Maturity Securities Face Value HeldtoMaturitySecuritiesFaceValue	37376000	USD
CY2017Q4	gpmt	Heldto Maturity Securities Unamortized Premium Discount HeldtoMaturitySecuritiesUnamortizedPremiumDiscount	0	USD
CY2018Q1	gpmt	Heldto Maturity Securities Unamortized Premium Discount HeldtoMaturitySecuritiesUnamortizedPremiumDiscount	0	USD
CY2018Q1	gpmt	Heldto Maturity Securities Weighted Average Life Remaining HeldtoMaturitySecuritiesWeightedAverageLifeRemaining	P6M
CY2018Q1	gpmt	Incentive Fee Calculation Core Earnings Multiplication Factor IncentiveFeeCalculationCoreEarningsMultiplicationFactor	0.2
CY2018Q1	gpmt	Incentive Fee Calculation Equity Multiplication Factor IncentiveFeeCalculationEquityMultiplicationFactor	0.08
CY2018Q1	gpmt	Incentive Fee Calculation Period Incentive Fee Paid IncentiveFeeCalculationPeriodIncentiveFeePaid	P9M
CY2018Q1	gpmt	Incentive Fee Calculation Rolling Period IncentiveFeeCalculationRollingPeriod	P12M
CY2018Q1	gpmt	Incentive Fee Rolling Periodfor Threshold IncentiveFeeRollingPeriodforThreshold	P3Y
CY2018Q1	gpmt	Incentive Fee Threshold Amountof Core Earnings IncentiveFeeThresholdAmountofCoreEarnings	0	USD
CY2017Q1	gpmt	Increase Decreasein Unamortized Debt Issuance Expense IncreaseDecreaseinUnamortizedDebtIssuanceExpense	866000	USD
CY2018Q1	gpmt	Increase Decreasein Unamortized Debt Issuance Expense IncreaseDecreaseinUnamortizedDebtIssuanceExpense	-1404000	USD
CY2017Q1	gpmt	Loans Heldfor Investment Accretion Amortizationof Discountsand Premiums LoansHeldforInvestmentAccretionAmortizationofDiscountsandPremiums	1000	USD
CY2018Q1	gpmt	Loans Heldfor Investment Accretion Amortizationof Discountsand Premiums LoansHeldforInvestmentAccretionAmortizationofDiscountsandPremiums	14000	USD
CY2018Q1	gpmt	Subservicing Expense SubservicingExpense	458000	USD
CY2017Q4	gpmt	Two Harbors Investment Corp Distributionof Special Dividend Shares TwoHarborsInvestmentCorpDistributionofSpecialDividendShares	33071000	shares
CY2017Q1	gpmt	Loans Heldfor Investment Additions LoansHeldforInvestmentAdditions	139384000	USD
CY2018Q1	gpmt	Loans Heldfor Investment Additions LoansHeldforInvestmentAdditions	156186000	USD
CY2017Q4	gpmt	Loans Heldfor Investment Percentageof Total LoansHeldforInvestmentPercentageofTotal	1.000
CY2018Q1	gpmt	Loans Heldfor Investment Percentageof Total LoansHeldforInvestmentPercentageofTotal	1.000
CY2018Q1	gpmt	Management Agreement Renewal Term ManagementAgreementRenewalTerm	P1Y
CY2018Q1	gpmt	Management Agreement Termination Fee Factor ManagementAgreementTerminationFeeFactor	3
CY2018Q1	gpmt	Management Agreement Termination Fee Period ManagementAgreementTerminationFeePeriod	P24M
CY2018Q1	gpmt	Management Fee Percentof Equity ManagementFeePercentofEquity	0.015
CY2017Q1	gpmt	Net Income Availableto Common Stockholders NetIncomeAvailabletoCommonStockholders	13454000	USD
CY2018Q1	gpmt	Net Income Availableto Common Stockholders NetIncomeAvailabletoCommonStockholders	14561000	USD
CY2017Q4	gpmt	Numberof Loans Heldfor Investment NumberofLoansHeldforInvestment	59	loan
CY2018Q1	gpmt	Numberof Loans Heldfor Investment NumberofLoansHeldforInvestment	61	loan
CY2018Q1	gpmt	Percentof Reit Taxable Incometo Distribute PercentofREITTaxableIncometoDistribute	1
CY2018Q1	gpmt	Preferred Stock Company Redemption Period PreferredStockCompanyRedemptionPeriod	P5Y
CY2018Q1	gpmt	Preferred Stock Holder Redemption Period PreferredStockHolderRedemptionPeriod	P6Y
CY2017Q1	gpmt	Principal Paymentson Assets Soldunder Agreementsto Repurchase PrincipalPaymentsonAssetsSoldunderAgreementstoRepurchase	107973000	USD
CY2018Q1	gpmt	Principal Paymentson Assets Soldunder Agreementsto Repurchase PrincipalPaymentsonAssetsSoldunderAgreementstoRepurchase	137883000	USD
CY2017Q1	gpmt	Proceedsfrom Assets Soldunder Agreementsto Repurchase ProceedsfromAssetsSoldunderAgreementstoRepurchase	193027000	USD
CY2018Q1	gpmt	Proceedsfrom Assets Soldunder Agreementsto Repurchase ProceedsfromAssetsSoldunderAgreementstoRepurchase	140731000	USD
CY2017Q1	gpmt	Proceedsfrom Notes Payableto Related Parties ProceedsfromNotesPayabletoRelatedParties	17338000	USD
CY2018Q1	gpmt	Proceedsfrom Notes Payableto Related Parties ProceedsfromNotesPayabletoRelatedParties	0	USD
CY2017Q1	gpmt	Repaymentsof Notepayablesto Related Parties RepaymentsofNotepayablestoRelatedParties	1300000	USD
CY2018Q1	gpmt	Repaymentsof Notepayablesto Related Parties RepaymentsofNotepayablestoRelatedParties	0	USD
CY2017Q1	gpmt	Subservicing Expense SubservicingExpense	322000	USD
CY2017Q4	gpmt	Unamortized Discountsor Premiums Loans Heldfor Investment UnamortizedDiscountsorPremiumsLoansHeldforInvestment	-178000	USD
CY2018Q1	gpmt	Unamortized Discountsor Premiums Loans Heldfor Investment UnamortizedDiscountsorPremiumsLoansHeldforInvestment	-164000	USD
CY2017Q4	gpmt	Unamortized Net Deferred Origination Fees Loans Heldfor Investment UnamortizedNetDeferredOriginationFeesLoansHeldforInvestment	-19707000	USD
CY2018Q1	gpmt	Unamortized Net Deferred Origination Fees Loans Heldfor Investment UnamortizedNetDeferredOriginationFeesLoansHeldforInvestment	-19099000	USD
CY2017Q4	gpmt	Unfunded Commitments Loans Heldfor Investment UnfundedCommitmentsLoansHeldforInvestment	339203000	USD
CY2018Q1	gpmt	Unfunded Commitments Loans Heldfor Investment UnfundedCommitmentsLoansHeldforInvestment	315171000	USD
CY2017Q4	gpmt	Weighted Average Coupon Rate Loans Heldfor Investment WeightedAverageCouponRateLoansHeldforInvestment	0.060
CY2018Q1	gpmt	Weighted Average Coupon Rate Loans Heldfor Investment WeightedAverageCouponRateLoansHeldforInvestment	0.063
CY2017Q1	gpmt	Weighted Average Numberof Shares Outstanding WeightedAverageNumberofSharesOutstanding	0	shares
CY2018Q1	gpmt	Weighted Average Numberof Shares Outstanding WeightedAverageNumberofSharesOutstanding	43085103	shares
CY2017	gpmt	Weighted Average Yearsto Maturity Loans Heldfor Investment WeightedAverageYearstoMaturityLoansHeldforInvestment	P2Y4M15D
CY2018Q1	gpmt	Weighted Average Yearsto Maturity Loans Heldfor Investment WeightedAverageYearstoMaturityLoansHeldforInvestment	P2Y2M12D
CY2017Q1	us-gaap	Accretion Amortization Of Discounts And Premiums Investments AccretionAmortizationOfDiscountsAndPremiumsInvestments	2424000	USD
CY2018Q1	us-gaap	Accretion Amortization Of Discounts And Premiums Investments AccretionAmortizationOfDiscountsAndPremiumsInvestments	2707000	USD
CY2017Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	0	USD
CY2018Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	16000	USD
CY2017Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	829704000	USD
CY2018Q1	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	830366000	USD
CY2017Q1	us-gaap	Amortization Of Deferred Loan Origination Fees Net AmortizationOfDeferredLoanOriginationFeesNet	2423000	USD
CY2018Q1	us-gaap	Amortization Of Deferred Loan Origination Fees Net AmortizationOfDeferredLoanOriginationFeesNet	2693000	USD
CY2017Q1	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	552000	USD
CY2018Q1	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	184000	USD
CY2017Q1	us-gaap	Ancillary Fee Income Generated By Servicing Financial Assets Amount AncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount	0	USD
CY2018Q1	us-gaap	Ancillary Fee Income Generated By Servicing Financial Assets Amount AncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount	882000	USD
CY2017Q1	us-gaap	Asset Management Costs AssetManagementCosts	1662000	USD
CY2018Q1	us-gaap	Asset Management Costs AssetManagementCosts	3209000	USD
CY2017Q4	us-gaap	Assets Assets	2499130000	USD
CY2018Q1	us-gaap	Assets Assets	2520719000	USD
CY2017Q4	us-gaap	Assets Sold Under Agreements To Repurchase Interest Rate AssetsSoldUnderAgreementsToRepurchaseInterestRate	0.03783
CY2018Q1	us-gaap	Assets Sold Under Agreements To Repurchase Interest Rate AssetsSoldUnderAgreementsToRepurchaseInterestRate	0.0407
CY2017Q4	us-gaap	Assets Sold Under Agreements To Repurchase Market Value AssetsSoldUnderAgreementsToRepurchaseMarketValue	2257581000	USD
CY2018Q1	us-gaap	Assets Sold Under Agreements To Repurchase Market Value AssetsSoldUnderAgreementsToRepurchaseMarketValue	2313318000	USD
CY2017Q4	us-gaap	Assets Sold Under Agreements To Repurchase Repurchase Liability AssetsSoldUnderAgreementsToRepurchaseRepurchaseLiability	1521608000	USD
CY2018Q1	us-gaap	Assets Sold Under Agreements To Repurchase Repurchase Liability AssetsSoldUnderAgreementsToRepurchaseRepurchaseLiability	1524456000	USD
CY2017Q4	us-gaap	Available For Sale Securities AvailableForSaleSecurities	12798000	USD
CY2018Q1	us-gaap	Available For Sale Securities AvailableForSaleSecurities	12814000	USD
CY2017Q4	us-gaap	Available For Sale Securities Accumulated Gross Unrealized Gain Before Tax AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax	0	USD
CY2018Q1	us-gaap	Available For Sale Securities Accumulated Gross Unrealized Gain Before Tax AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax	16000	USD
CY2017Q4	us-gaap	Available For Sale Securities Accumulated Gross Unrealized Loss Before Tax AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax	0	USD
CY2018Q1	us-gaap	Available For Sale Securities Accumulated Gross Unrealized Loss Before Tax AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax	0	USD
CY2017Q4	us-gaap	Available For Sale Securities Pledged As Collateral AvailableForSaleSecuritiesPledgedAsCollateral	12798000	USD
CY2018Q1	us-gaap	Available For Sale Securities Pledged As Collateral AvailableForSaleSecuritiesPledgedAsCollateral	12814000	USD
CY2017Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	107765000	USD
CY2018Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	72070000	USD
CY2017Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0
CY2018Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.38
CY2017Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2018Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2017Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	450000000	shares
CY2018Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	450000000	shares
CY2017Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	43235103	shares
CY2018Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	43437059	shares
CY2016Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	0	shares
CY2017Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	0	shares
CY2017Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	43235103	shares
CY2017Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	43235103	shares
CY2018Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	43437059	shares
CY2018Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	43437059	shares
CY2017Q4	us-gaap	Common Stock Value CommonStockValue	432000	USD
CY2018Q1	us-gaap	Common Stock Value CommonStockValue	434000	USD
CY2017Q4	us-gaap	Convertible Debt Fair Value Disclosures ConvertibleDebtFairValueDisclosures	125750000	USD
CY2018Q1	us-gaap	Convertible Debt Fair Value Disclosures ConvertibleDebtFairValueDisclosures	141745000	USD
CY2017Q4	us-gaap	Convertible Notes Payable ConvertibleNotesPayable	121314000	USD
CY2018Q1	us-gaap	Convertible Notes Payable ConvertibleNotesPayable	139745000	USD
CY2018Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.33
CY2017Q1	us-gaap	Costs And Expenses CostsAndExpenses	4257000	USD
CY2018Q1	us-gaap	Costs And Expenses CostsAndExpenses	7899000	USD
CY2017Q4	us-gaap	Cumulative Dividends CumulativeDividends	30315000	USD
CY2018Q1	us-gaap	Cumulative Dividends CumulativeDividends	46846000	USD
CY2017Q4	us-gaap	Cumulative Earnings Deficit CumulativeEarningsDeficit	28800000	USD
CY2018Q1	us-gaap	Cumulative Earnings Deficit CumulativeEarningsDeficit	43386000	USD
CY2017Q1	us-gaap	Current Federal Tax Expense Benefit CurrentFederalTaxExpenseBenefit	-2000	USD
CY2018Q1	us-gaap	Current Federal Tax Expense Benefit CurrentFederalTaxExpenseBenefit	-1000	USD
CY2017Q1	us-gaap	Current Income Tax Expense Benefit CurrentIncomeTaxExpenseBenefit	1000	USD
CY2018Q1	us-gaap	Current Income Tax Expense Benefit CurrentIncomeTaxExpenseBenefit	1000	USD
CY2017Q1	us-gaap	Current State And Local Tax Expense Benefit CurrentStateAndLocalTaxExpenseBenefit	3000	USD
CY2018Q1	us-gaap	Current State And Local Tax Expense Benefit CurrentStateAndLocalTaxExpenseBenefit	2000	USD
CY2018Q1	us-gaap	Debt Instrument Convertible Conversion Ratio1 DebtInstrumentConvertibleConversionRatio1	0.05
CY2018Q1	us-gaap	Debt Instrument Maturity Date DebtInstrumentMaturityDate	2022-12-01
CY2017Q1	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	0	USD
CY2018Q1	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	0	USD
CY2017Q4	us-gaap	Deferred Revenue DeferredRevenue	197000	USD
CY2018Q1	us-gaap	Deferred Revenue DeferredRevenue	57000	USD
CY2017Q1	us-gaap	Depreciation Depreciation	0	USD
CY2018Q1	us-gaap	Depreciation Depreciation	1000	USD
CY2018Q1	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	16506000	USD
CY2017Q1	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	0	USD
CY2017Q4	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	16454000	USD
CY2018Q1	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	16588000	USD
CY2018Q1	us-gaap	Dividends Preferred Stock DividendsPreferredStock	25000	USD
CY2018Q1	us-gaap	Dividends Preferred Stock Cash DividendsPreferredStockCash	25000	USD
CY2017Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.00
CY2018Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.34
CY2017Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.00
CY2017	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.35
CY2018Q1	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.21
CY2017Q4	us-gaap	Held To Maturity Securities HeldToMaturitySecurities	42169000	USD
CY2018Q1	us-gaap	Held To Maturity Securities HeldToMaturitySecurities	37376000	USD
CY2017Q4	us-gaap	Held To Maturity Securities Pledged As Collateral HeldToMaturitySecuritiesPledgedAsCollateral	42169000	USD
CY2018Q1	us-gaap	Held To Maturity Securities Pledged As Collateral HeldToMaturitySecuritiesPledgedAsCollateral	37376000	USD
CY2017Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	13455000	USD
CY2018Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	14587000	USD
CY2017Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	1000	USD
CY2018Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	1000	USD
CY2017Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	3000	USD
CY2018Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	1000	USD
CY2017Q1	us-gaap	Increase Decrease In Accrued Interest Receivable Net IncreaseDecreaseInAccruedInterestReceivableNet	742000	USD
CY2018Q1	us-gaap	Increase Decrease In Accrued Interest Receivable Net IncreaseDecreaseInAccruedInterestReceivableNet	536000	USD
CY2017Q1	us-gaap	Increase Decrease In Brokerage Receivables IncreaseDecreaseInBrokerageReceivables	207000	USD
CY2018Q1	us-gaap	Increase Decrease In Brokerage Receivables IncreaseDecreaseInBrokerageReceivables	0	USD
CY2017Q1	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	-143000	USD
CY2018Q1	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	-140000	USD
CY2017Q1	us-gaap	Increase Decrease In Due To Related Parties Current IncreaseDecreaseInDueToRelatedPartiesCurrent	4055000	USD
CY2018Q1	us-gaap	Increase Decrease In Due To Related Parties Current IncreaseDecreaseInDueToRelatedPartiesCurrent	0	USD
CY2017Q1	us-gaap	Increase Decrease In Interest Payable Net IncreaseDecreaseInInterestPayableNet	322000	USD
CY2018Q1	us-gaap	Increase Decrease In Interest Payable Net IncreaseDecreaseInInterestPayableNet	2161000	USD
CY2017Q1	us-gaap	Increase Decrease In Loans Deferred Income IncreaseDecreaseInLoansDeferredIncome	-1939000	USD
CY2018Q1	us-gaap	Increase Decrease In Loans Deferred Income IncreaseDecreaseInLoansDeferredIncome	-2085000	USD
CY2017Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	724000	USD
CY2018Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	696000	USD
CY2017Q1	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	-135000	USD
CY2018Q1	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	-580000	USD
CY2017Q1	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	0	USD
CY2018Q1	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	-192000	USD
CY2017Q1	us-gaap	Interest And Dividend Income Operating InterestAndDividendIncomeOperating	23818000	USD
CY2018Q1	us-gaap	Interest And Dividend Income Operating InterestAndDividendIncomeOperating	39977000	USD
CY2017Q1	us-gaap	Interest And Dividend Income Securities Available For Sale InterestAndDividendIncomeSecuritiesAvailableForSale	246000	USD
CY2018Q1	us-gaap	Interest And Dividend Income Securities Available For Sale InterestAndDividendIncomeSecuritiesAvailableForSale	272000	USD
CY2017Q1	us-gaap	Interest And Dividend Income Securities Held To Maturity InterestAndDividendIncomeSecuritiesHeldToMaturity	932000	USD
CY2018Q1	us-gaap	Interest And Dividend Income Securities Held To Maturity InterestAndDividendIncomeSecuritiesHeldToMaturity	885000	USD
CY2017Q1	us-gaap	Interest And Fee Income Loans Commercial Real Estate InterestAndFeeIncomeLoansCommercialRealEstate	22638000	USD
CY2018Q1	us-gaap	Interest And Fee Income Loans Commercial Real Estate InterestAndFeeIncomeLoansCommercialRealEstate	38793000	USD
CY2017Q1	us-gaap	Interest Expense InterestExpense	6106000	USD
CY2018Q1	us-gaap	Interest Expense InterestExpense	18373000	USD
CY2017Q1	us-gaap	Interest Expense Other Long Term Debt InterestExpenseOtherLongTermDebt	0	USD
CY2018Q1	us-gaap	Interest Expense Other Long Term Debt InterestExpenseOtherLongTermDebt	2179000	USD
CY2017Q1	us-gaap	Interest Expense Related Party InterestExpenseRelatedParty	1350000	USD
CY2018Q1	us-gaap	Interest Expense Related Party InterestExpenseRelatedParty	0	USD
CY2017Q1	us-gaap	Interest Income Domestic Deposits InterestIncomeDomesticDeposits	2000	USD
CY2018Q1	us-gaap	Interest Income Domestic Deposits InterestIncomeDomesticDeposits	27000	USD
CY2017Q1	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	17712000	USD
CY2018Q1	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	21604000	USD
CY2017Q1	us-gaap	Interest On Convertible Debt Net Of Tax InterestOnConvertibleDebtNetOfTax	0	USD
CY2018Q1	us-gaap	Interest On Convertible Debt Net Of Tax InterestOnConvertibleDebtNetOfTax	2171000	USD
CY2017Q1	us-gaap	Interest Paid InterestPaid	5783000	USD
CY2018Q1	us-gaap	Interest Paid InterestPaid	16212000	USD
CY2017Q4	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	3119000	USD
CY2018Q1	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	5280000	USD
CY2017Q4	us-gaap	Interest Receivable InterestReceivable	7105000	USD
CY2018Q1	us-gaap	Interest Receivable InterestReceivable	7641000	USD
CY2017Q4	us-gaap	Liabilities Liabilities	1669509000	USD
CY2018Q1	us-gaap	Liabilities Liabilities	1692363000	USD
CY2017Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	2499130000	USD
CY2018Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	2520719000	USD
CY2017Q4	us-gaap	Loans And Leases Receivable Before Fees Gross LoansAndLeasesReceivableBeforeFeesGross	2324151000	USD
CY2018Q1	us-gaap	Loans And Leases Receivable Before Fees Gross LoansAndLeasesReceivableBeforeFeesGross	2383910000	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
CY2017Q4	us-gaap	Loans And Leases Receivable Net Reported Amount LoansAndLeasesReceivableNetReportedAmount	2304266000	USD
CY2018Q1	us-gaap	Loans And Leases Receivable Net Reported Amount LoansAndLeasesReceivableNetReportedAmount	2364647000	USD
CY2017Q4	us-gaap	Loans Pledged As Collateral LoansPledgedAsCollateral	2202049000	USD
CY2018Q1	us-gaap	Loans Pledged As Collateral LoansPledgedAsCollateral	2260515000	USD
CY2017Q4	us-gaap	Loans Receivable Fair Value Disclosure LoansReceivableFairValueDisclosure	2322259000	USD
CY2018Q1	us-gaap	Loans Receivable Fair Value Disclosure LoansReceivableFairValueDisclosure	2390054000	USD
CY2017Q2	us-gaap	Minority Interest Ownership Percentage By Parent MinorityInterestOwnershipPercentageByParent	0.765
CY2017Q4	us-gaap	Mortgage Backed Securities Held To Maturity Fair Value Disclosure MortgageBackedSecuritiesHeldToMaturityFairValueDisclosure	42797000	USD
CY2018Q1	us-gaap	Mortgage Backed Securities Held To Maturity Fair Value Disclosure MortgageBackedSecuritiesHeldToMaturityFairValueDisclosure	37881000	USD
CY2017Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	100226000	USD
CY2018Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	6102000	USD
CY2017Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-133843000	USD
CY2018Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-52881000	USD
CY2017Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	14215000	USD
CY2018Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	13129000	USD
CY2017Q1	us-gaap	Net Income Loss NetIncomeLoss	13454000	USD
CY2018Q1	us-gaap	Net Income Loss NetIncomeLoss	14586000	USD
CY2017Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	0	USD
CY2018Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	14561000	USD
CY2017Q1	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	0	USD
CY2018Q1	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	16732000	USD
CY2017Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	0	USD
CY2018Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	882000	USD
CY2017Q4	us-gaap	Other Assets OtherAssets	12812000	USD
CY2018Q1	us-gaap	Other Assets OtherAssets	13507000	USD
CY2017Q1	us-gaap	Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax	80000	USD
CY2018Q1	us-gaap	Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax	16000	USD
CY2017Q1	us-gaap	Other Comprehensive Income Loss Before Reclassifications Net Of Tax OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax	80000	USD
CY2018Q1	us-gaap	Other Comprehensive Income Loss Before Reclassifications Net Of Tax OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax	16000	USD
CY2017Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	80000	USD
CY2018Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	16000	USD
CY2017Q1	us-gaap	Other Cost And Expense Operating OtherCostAndExpenseOperating	2273000	USD
CY2018Q1	us-gaap	Other Cost And Expense Operating OtherCostAndExpenseOperating	4232000	USD
CY2017Q4	us-gaap	Other Liabilities OtherLiabilities	6817000	USD
CY2018Q1	us-gaap	Other Liabilities OtherLiabilities	6237000	USD
CY2017Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	0	USD
CY2018Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	16372000	USD
CY2017Q1	us-gaap	Payments Of Dividends Preferred Stock And Preference Stock PaymentsOfDividendsPreferredStockAndPreferenceStock	0	USD
CY2018Q1	us-gaap	Payments Of Dividends Preferred Stock And Preference Stock PaymentsOfDividendsPreferredStockAndPreferenceStock	25000	USD
CY2017	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	13125000	USD
CY2017Q1	us-gaap	Payments To Acquire Loans And Leases Held For Investment PaymentsToAcquireLoansAndLeasesHeldForInvestment	137445000	USD
CY2018Q1	us-gaap	Payments To Acquire Loans And Leases Held For Investment PaymentsToAcquireLoansAndLeasesHeldForInvestment	154101000	USD
CY2018Q1	us-gaap	Preferred Stock Dividend Rate Percentage PreferredStockDividendRatePercentage	0.1
CY2017Q1	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	0	USD
CY2018Q1	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	25000	USD
CY2018Q1	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	198000	USD
CY2017Q4	us-gaap	Securities Sold Under Agreements To Repurchase Asset SecuritiesSoldUnderAgreementsToRepurchaseAsset	0	USD
CY2018Q1	us-gaap	Preferred Stock Liquidation Preference PreferredStockLiquidationPreference	1000
CY2017Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2018Q1	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2018Q1	us-gaap	Preferred Stock Redemption Price Per Share PreferredStockRedemptionPricePerShare	1000
CY2017Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	50000000	shares
CY2018Q1	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	50000000	shares
CY2017Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	1000	shares
CY2018Q1	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	1000	shares
CY2017Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	1000	shares
CY2018Q1	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	1000	shares
CY2017Q4	us-gaap	Preferred Stock Value PreferredStockValue	1000000	USD
CY2018Q1	us-gaap	Preferred Stock Value PreferredStockValue	1000000	USD
CY2017Q4	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	390000	USD
CY2017Q1	us-gaap	Proceeds From Convertible Debt ProceedsFromConvertibleDebt	0	USD
CY2018Q1	us-gaap	Proceeds From Convertible Debt ProceedsFromConvertibleDebt	18247000	USD
CY2017	us-gaap	Proceeds From Issuance Initial Public Offering ProceedsFromIssuanceInitialPublicOffering	195000000	USD
CY2017	us-gaap	Proceeds From Issuance Of Debt ProceedsFromIssuanceOfDebt	139522000	USD
CY2017Q1	us-gaap	Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities	2615000	USD
CY2018Q1	us-gaap	Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities	4793000	USD
CY2017Q1	us-gaap	Proceeds From Principal Repayments On Loans And Leases Held For Investment ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment	1194000	USD
CY2018Q1	us-gaap	Proceeds From Principal Repayments On Loans And Leases Held For Investment ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment	96427000	USD
CY2017Q1	us-gaap	Provision For Loan And Lease Losses ProvisionForLoanAndLeaseLosses	0	USD
CY2018Q1	us-gaap	Provision For Loan And Lease Losses ProvisionForLoanAndLeaseLosses	0	USD
CY2017Q1	us-gaap	Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax	0	USD
CY2018Q1	us-gaap	Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax	0	USD
CY2017Q4	us-gaap	Repurchase Agreement Counterparty Amount At Risk RepurchaseAgreementCounterpartyAmountAtRisk	739991000	USD
CY2018Q1	us-gaap	Repurchase Agreement Counterparty Amount At Risk RepurchaseAgreementCounterpartyAmountAtRisk	791717000	USD
CY2017Q1	us-gaap	Repurchase Agreements Interest Expense Amount RepurchaseAgreementsInterestExpenseAmount	4756000	USD
CY2018Q1	us-gaap	Repurchase Agreements Interest Expense Amount RepurchaseAgreementsInterestExpenseAmount	16194000	USD
CY2017Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	2953000	USD
CY2018Q1	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	4998000	USD
CY2018Q1	us-gaap	Securities Sold Under Agreements To Repurchase Asset SecuritiesSoldUnderAgreementsToRepurchaseAsset	0	USD
CY2017Q4	us-gaap	Securities Sold Under Agreements To Repurchase Collateral Right To Reclaim Cash SecuritiesSoldUnderAgreementsToRepurchaseCollateralRightToReclaimCash	0	USD
CY2018Q1	us-gaap	Securities Sold Under Agreements To Repurchase Collateral Right To Reclaim Cash SecuritiesSoldUnderAgreementsToRepurchaseCollateralRightToReclaimCash	0	USD
CY2017Q4	us-gaap	Securities Sold Under Agreements To Repurchase Gross SecuritiesSoldUnderAgreementsToRepurchaseGross	1521608000	USD
CY2018Q1	us-gaap	Securities Sold Under Agreements To Repurchase Gross SecuritiesSoldUnderAgreementsToRepurchaseGross	1524456000	USD
CY2017Q4	us-gaap	Securities Sold Under Agreements To Repurchase Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election SecuritiesSoldUnderAgreementsToRepurchaseOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection	0	USD
CY2018Q1	us-gaap	Securities Sold Under Agreements To Repurchase Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election SecuritiesSoldUnderAgreementsToRepurchaseOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection	0	USD
CY2017Q4	us-gaap	Securities Sold Under Agreements To Resell Not Offset Policy Election Deduction SecuritiesSoldUnderAgreementsToResellNotOffsetPolicyElectionDeduction	1521608000	USD
CY2018Q1	us-gaap	Securities Sold Under Agreements To Resell Not Offset Policy Election Deduction SecuritiesSoldUnderAgreementsToResellNotOffsetPolicyElectionDeduction	1524456000	USD
CY2017Q1	us-gaap	Share Based Compensation ShareBasedCompensation	0	USD
CY2018Q1	us-gaap	Share Based Compensation ShareBasedCompensation	664000	USD
CY2017Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod	0	shares
CY2017Q1	us-gaap	Weighted Average Number Of Shares Restricted Stock WeightedAverageNumberOfSharesRestrictedStock	0	shares
CY2017Q1	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
CY2018Q1	us-gaap	Weighted Average Number Of Shares Restricted Stock WeightedAverageNumberOfSharesRestrictedStock	289125	shares
CY2018Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod	0	shares
CY2017Q1	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
CY2018Q1	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
CY2017Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod	0	shares
CY2018Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod	201956	shares
CY2017Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue	0.00
CY2018Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue	17.33
CY2016Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber	0	shares
CY2017Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber	0	shares
CY2017Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber	150000	shares
CY2018Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber	351956	shares
CY2018Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber	351956	shares
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
CY2017Q4	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
CY2018Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue	18.25
CY2017Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod	0	shares
CY2018Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod	0	shares
CY2017Q1	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
CY2018Q1	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
CY2018Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized	3242306	shares
CY2017Q2	us-gaap	Shares Issued Price Per Share SharesIssuedPricePerShare	19.50
CY2017Q1	us-gaap	Stock Issued During Period Shares New Issues StockIssuedDuringPeriodSharesNewIssues	0	shares
CY2018Q1	us-gaap	Stock Issued During Period Shares New Issues StockIssuedDuringPeriodSharesNewIssues	0	shares
CY2017Q1	us-gaap	Stock Issued During Period Shares Share Based Compensation StockIssuedDuringPeriodSharesShareBasedCompensation	0	shares
CY2018Q1	us-gaap	Stock Issued During Period Shares Share Based Compensation StockIssuedDuringPeriodSharesShareBasedCompensation	201956	shares
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CY2016Q4	us-gaap	Stockholders Equity StockholdersEquity	427991000	USD
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CY2017Q4	us-gaap	Stockholders Equity StockholdersEquity	828621000	USD
CY2018Q1	us-gaap	Stockholders Equity StockholdersEquity	827356000	USD
CY2017Q4	us-gaap	Unamortized Debt Issuance Expense UnamortizedDebtIssuanceExpense	8872000	USD
CY2018Q1	us-gaap	Unamortized Debt Issuance Expense UnamortizedDebtIssuanceExpense	7468000	USD
CY2017Q4	us-gaap	Variable Interest Entity Consolidated Carrying Amount Assets VariableInterestEntityConsolidatedCarryingAmountAssets	46068000	USD
CY2018Q1	us-gaap	Variable Interest Entity Consolidated Carrying Amount Assets VariableInterestEntityConsolidatedCarryingAmountAssets	0	USD
CY2017Q4	us-gaap	Variable Interest Entity Entity Maximum Loss Exposure Amount VariableInterestEntityEntityMaximumLossExposureAmount	54967000	USD
CY2018Q1	us-gaap	Variable Interest Entity Entity Maximum Loss Exposure Amount VariableInterestEntityEntityMaximumLossExposureAmount	50190000	USD
CY2017Q4	us-gaap	Variable Interest Entity Nonconsolidated Carrying Amount Assets VariableInterestEntityNonconsolidatedCarryingAmountAssets	54967000	USD
CY2018Q1	us-gaap	Variable Interest Entity Nonconsolidated Carrying Amount Assets VariableInterestEntityNonconsolidatedCarryingAmountAssets	50190000	USD
CY2017Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	0	shares
CY2018Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	7093750	shares
CY2017Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	0	shares
CY2018Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	50467978	shares
CY2017Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	0	shares
CY2018Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	43374228	shares
CY2018Q1	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 by Pine River Capital Management L.P., or PRCM. 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. On November 1, 2017, Two Harbors distributed to its common stockholders the </font><font style="font-family:inherit;font-size:10pt;">33,071,000</font><font style="font-family:inherit;font-size:10pt;"> shares of the Company’s common stock it had acquired in connection with the Formation Transaction, allowing the Company’s market capitalization to be fully floating. </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 has elected 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.</font></div></div>
CY2018Q1	us-gaap	Use Of Estimates UseOfEstimates	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:4px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Use of Estimates</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 preparation of financial statements in conformity with U.S. GAAP requires management to make a number of significant estimates. These include estimates of fair value of certain assets and liabilities, amount and timing of allowances for loan losses and impairments and other estimates that affect the reported amounts of certain assets and liabilities as of the date of the </font><font style="font-family:inherit;font-size:10pt;">condensed consolidated</font><font style="font-family:inherit;font-size:10pt;"> financial statements and the reported amounts of certain revenues and expenses during the reported period. It is likely that changes in these estimates (</font><font style="font-family:inherit;font-size:10pt;font-style:italic;">e.g.</font><font style="font-family:inherit;font-size:10pt;">, valuation changes to the underlying collateral of loans due to changes in capitalization rates, leasing, credit worthiness of major tenants, occupancy rates, availability of financing, exit plan, loan sponsorship, actions of other lenders, overall economic conditions, the broader commercial real estate market, local geographic sub-markets or other factors) will occur in the near term. The Company’s estimates are inherently subjective in nature and actual results could differ from its estimates and the differences may be material.</font></div></div>

Files In Submission

Name	View Source	Status
0001703644-18-000031-index-headers.html	Edgar Link	pending
0001703644-18-000031-index.html	Edgar Link	pending
0001703644-18-000031.txt	Edgar Link	pending
0001703644-18-000031-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
gpmt-20180331.xml	Edgar Link	completed
gpmt-20180331.xsd	Edgar Link	pending
gpmt-20180331_cal.xml	Edgar Link	unprocessable
gpmt-20180331_def.xml	Edgar Link	unprocessable
gpmt-20180331_lab.xml	Edgar Link	unprocessable
gpmt-20180331_pre.xml	Edgar Link	unprocessable
gpmt331201810qdocument.htm	Edgar Link	pending
gpmtexh33118311.htm	Edgar Link	pending
gpmtexh33118312.htm	Edgar Link	pending
gpmtexh33118321.htm	Edgar Link	pending
gpmtexh33118322.htm	Edgar Link	pending
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$GPMT
Granite Point Mortgage Trust Inc. Stock $gpmt

2018 Q1 Form 10-Q Financial Statement

#000170364418000031 Filed on May 10, 2018

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$GPMT Granite Point Mortgage Trust Inc. Stock $gpmt

2018 Q1 Form 10-Q Financial Statement

#000170364418000031 Filed on May 10, 2018

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$GPMT
Granite Point Mortgage Trust Inc. Stock $gpmt