$KREF
KKR Real Estate Finance Trust Inc.

2017 Q3 Form 10-Q Financial Statement

#000163159617000019 Filed on November 07, 2017

View on sec.gov

Income Statement

Concept 2017 Q3 2016 Q3
Revenue $28.73M $14.18M
YoY Change 102.61% 11.3%
Cost Of Revenue $5.410M $1.630M
YoY Change 231.9%
Gross Profit $23.31M $12.55M
YoY Change 85.74% -1.49%
Gross Profit Margin 81.13% 88.5%
Selling, General & Admin $5.330M $2.170M
YoY Change 145.62%
% of Gross Profit 22.87% 17.29%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $5.328M $2.169M
YoY Change 145.64% 39.94%
Operating Profit $17.98M $10.38M
YoY Change 73.22% -7.23%
Interest Expense $5.414M $1.627M
YoY Change 232.76%
% of Operating Profit 30.11% 15.67%
Other Income/Expense, Net $4.317M $6.284M
YoY Change -31.3%
Pretax Income $17.98M $10.38M
YoY Change 73.18% -7.2%
Income Tax $120.0K $71.00K
% Of Pretax Income 0.67% 0.68%
Net Earnings $17.43M $10.02M
YoY Change 74.04% -8.78%
Net Earnings / Revenue 60.68% 70.63%
Basic Earnings Per Share $0.32 $0.48
Diluted Earnings Per Share $0.32 $0.48
COMMON SHARES
Basic Shares Outstanding 53.70M shares 20.81M shares
Diluted Shares Outstanding 53.70M shares 20.81M shares

Balance Sheet

Concept 2017 Q3 2016 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $90.00M $64.20M
YoY Change 40.19%
Cash & Equivalents $89.98M $64.20M
Short-Term Investments
Other Short-Term Assets $400.0K $100.0K
YoY Change 300.0%
Inventory
Prepaid Expenses
Receivables $6.900M $1.900M
Other Receivables $0.00 $0.00
Total Short-Term Assets $97.30M $66.20M
YoY Change 46.98%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $8.300M $36.10M
YoY Change -77.01%
Other Assets $2.400M $800.0K
YoY Change 200.0%
Total Long-Term Assets $7.067B $6.345B
YoY Change 11.37%
TOTAL ASSETS
Total Short-Term Assets $97.30M $66.20M
Total Long-Term Assets $7.067B $6.345B
Total Assets $7.164B $6.412B
YoY Change 11.74%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $700.0K $2.100M
YoY Change -66.67%
Accrued Expenses $5.317B $5.532B
YoY Change -3.89%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $5.342B $5.536B
YoY Change -3.51%
LONG-TERM LIABILITIES
Long-Term Debt $756.0M $371.6M
YoY Change 103.44%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $756.0M $371.6M
YoY Change 103.44%
TOTAL LIABILITIES
Total Short-Term Liabilities $5.342B $5.536B
Total Long-Term Liabilities $756.0M $371.6M
Total Liabilities $6.098B $5.920B
YoY Change 3.01%
SHAREHOLDERS EQUITY
Retained Earnings $9.110M
YoY Change
Common Stock $537.0K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $523.0K
YoY Change
Treasury Stock Shares
Shareholders Equity $1.062B $491.8M
YoY Change
Total Liabilities & Shareholders Equity $7.164B $6.412B
YoY Change 11.74%

Cashflow Statement

Concept 2017 Q3 2016 Q3
OPERATING ACTIVITIES
Net Income $17.43M $10.02M
YoY Change 74.04% -8.78%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities -$66.50M $7.700M
YoY Change -963.64% 1.32%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities -$453.5M -$314.2M
YoY Change 44.33% 82.89%
Cash From Investing Activities -$453.5M -$314.2M
YoY Change 44.33% 82.89%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 552.7M 316.3M
YoY Change 74.74% 29.15%
NET CHANGE
Cash From Operating Activities -66.50M 7.700M
Cash From Investing Activities -453.5M -314.2M
Cash From Financing Activities 552.7M 316.3M
Net Change In Cash 32.70M 9.800M
YoY Change 233.67% -87.86%
FREE CASH FLOW
Cash From Operating Activities -$66.50M $7.700M
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Amendment Flag
AmendmentFlag
false
dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2017
dei Document Period End Date
DocumentPeriodEndDate
2017-09-30
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0001631596
CY2017Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
53685440 shares
dei Entity Current Reporting Status
EntityCurrentReportingStatus
No
dei Entity Registrant Name
EntityRegistrantName
KKR Real Estate Finance Trust Inc.
CY2016Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2017Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2016Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
300000000 shares
CY2017Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
300000000 shares
CY2016Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
24158392 shares
CY2016Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
24158392 shares
CY2016Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
0 USD
CY2016Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
0 USD
CY2017Q3 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
0 USD
CY2016Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2017Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2016Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2017Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2016Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
1 shares
CY2017Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
1 shares
CY2016Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
1 shares
CY2017Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
1 shares
CY2017Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
89976000 USD
CY2016Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
96189000 USD
CY2017Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
600000 USD
CY2016Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
157000 USD
CY2017Q3 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
1543851000 USD
CY2016Q4 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
674596000 USD
CY2017Q3 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
81550000 USD
CY2016Q4 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
26230000 USD
CY2017Q3 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
0 USD
CY2016Q4 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
36445000 USD
CY2017Q3 us-gaap Equity Method Investments Fair Value Disclosure
EquityMethodInvestmentsFairValueDisclosure
8328000 USD
CY2016Q4 us-gaap Equity Method Investments Fair Value Disclosure
EquityMethodInvestmentsFairValueDisclosure
0 USD
CY2017Q3 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
3014000 USD
CY2016Q4 us-gaap Secured Debt
SecuredDebt
439144000 USD
CY2017Q3 us-gaap Interest Receivable
InterestReceivable
6930000 USD
CY2016Q4 us-gaap Interest Receivable
InterestReceivable
2974000 USD
CY2017Q3 us-gaap Other Assets
OtherAssets
2894000 USD
CY2016Q4 us-gaap Other Assets
OtherAssets
2728000 USD
CY2017Q3 us-gaap Variable Interest Entity Consolidated Carrying Amount Assets
VariableInterestEntityConsolidatedCarryingAmountAssets
5429874000 USD
CY2016Q4 us-gaap Variable Interest Entity Consolidated Carrying Amount Assets
VariableInterestEntityConsolidatedCarryingAmountAssets
5426084000 USD
CY2017Q3 us-gaap Assets
Assets
7164003000 USD
CY2016Q4 us-gaap Assets
Assets
6265403000 USD
CY2017Q3 us-gaap Secured Debt
SecuredDebt
755987000 USD
CY2016Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
2297000 USD
CY2017Q3 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
19992000 USD
CY2016Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
0 USD
CY2017Q3 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
1108000 USD
CY2016Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
593000 USD
CY2017Q3 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
4036000 USD
CY2016Q4 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
1728000 USD
CY2017Q3 us-gaap Variable Interest Entity Consolidated Carrying Amount Liabilities
VariableInterestEntityConsolidatedCarryingAmountLiabilities
5313914000 USD
CY2016Q4 us-gaap Variable Interest Entity Consolidated Carrying Amount Liabilities
VariableInterestEntityConsolidatedCarryingAmountLiabilities
5313574000 USD
CY2017Q3 us-gaap Liabilities
Liabilities
6098051000 USD
CY2016Q4 us-gaap Liabilities
Liabilities
5757336000 USD
CY2017Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2016Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2017Q3 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2016Q4 us-gaap Preferred Stock Value
PreferredStockValue
125000 USD
CY2017Q3 us-gaap Common Stock Value
CommonStockValue
537000 USD
CY2016Q4 us-gaap Common Stock Value
CommonStockValue
242000 USD
CY2017Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
1052826000 USD
CY2016Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
479417000 USD
CY2017Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
9110000 USD
CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
17914000 USD
CY2017Q3 us-gaap Treasury Stock Value
TreasuryStockValue
523000 USD
CY2016Q4 us-gaap Treasury Stock Value
TreasuryStockValue
0 USD
CY2017Q3 us-gaap Stockholders Equity
StockholdersEquity
1061950000 USD
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
497698000 USD
CY2017Q3 us-gaap Minority Interest
MinorityInterest
0 USD
CY2016Q4 us-gaap Minority Interest
MinorityInterest
7339000 USD
CY2017Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1061950000 USD
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
505037000 USD
CY2017Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
7164003000 USD
CY2016Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
6265403000 USD
CY2017Q3 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
24408000 USD
CY2016Q3 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
7896000 USD
us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
54760000 USD
us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
20884000 USD
CY2017Q3 us-gaap Interest Expense
InterestExpense
5414000 USD
CY2016Q3 us-gaap Interest Expense
InterestExpense
1627000 USD
us-gaap Interest Expense
InterestExpense
12592000 USD
us-gaap Interest Expense
InterestExpense
3976000 USD
CY2017Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
18994000 USD
CY2016Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
6269000 USD
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
42168000 USD
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
16908000 USD
CY2017Q3 kref Variable Interest Entity Changein Net Assets
VariableInterestEntityChangeinNetAssets
-4025000 USD
CY2016Q3 kref Variable Interest Entity Changein Net Assets
VariableInterestEntityChangeinNetAssets
-6220000 USD
kref Variable Interest Entity Changein Net Assets
VariableInterestEntityChangeinNetAssets
-12810000 USD
kref Variable Interest Entity Changein Net Assets
VariableInterestEntityChangeinNetAssets
-9960000 USD
CY2017Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
115000 USD
CY2016Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
0 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
461000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
0 USD
CY2017Q3 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
177000 USD
CY2016Q3 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
64000 USD
us-gaap Other Nonoperating Income
OtherNonoperatingIncome
616000 USD
us-gaap Other Nonoperating Income
OtherNonoperatingIncome
143000 USD
CY2017Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
4317000 USD
CY2016Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
6284000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
13887000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
10103000 USD
CY2017Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1339000 USD
CY2016Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
548000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
3254000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1748000 USD
CY2017Q3 us-gaap Asset Management Costs
AssetManagementCosts
3989000 USD
CY2016Q3 us-gaap Asset Management Costs
AssetManagementCosts
1621000 USD
us-gaap Asset Management Costs
AssetManagementCosts
9513000 USD
us-gaap Asset Management Costs
AssetManagementCosts
4088000 USD
CY2017Q3 kref Performance Based Incentive Fees
PerformanceBasedIncentiveFees
0 USD
CY2016Q3 kref Performance Based Incentive Fees
PerformanceBasedIncentiveFees
0 USD
kref Performance Based Incentive Fees
PerformanceBasedIncentiveFees
0 USD
kref Performance Based Incentive Fees
PerformanceBasedIncentiveFees
365000 USD
CY2017Q3 us-gaap Operating Expenses
OperatingExpenses
5328000 USD
CY2016Q3 us-gaap Operating Expenses
OperatingExpenses
2169000 USD
us-gaap Operating Expenses
OperatingExpenses
12767000 USD
us-gaap Operating Expenses
OperatingExpenses
6201000 USD
CY2017Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
17983000 USD
CY2016Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
10384000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
43288000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
20810000 USD
CY2017Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
120000 USD
CY2016Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
71000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
388000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
214000 USD
CY2017Q3 us-gaap Profit Loss
ProfitLoss
17863000 USD
CY2016Q3 us-gaap Profit Loss
ProfitLoss
10313000 USD
us-gaap Profit Loss
ProfitLoss
42900000 USD
us-gaap Profit Loss
ProfitLoss
20596000 USD
CY2017Q3 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
54000 USD
CY2016Q3 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
87000 USD
us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
134000 USD
us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
248000 USD
CY2017Q3 us-gaap Net Income Loss Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossAttributableToNonredeemableNoncontrollingInterest
377000 USD
CY2016Q3 us-gaap Net Income Loss Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossAttributableToNonredeemableNoncontrollingInterest
210000 USD
us-gaap Net Income Loss Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossAttributableToNonredeemableNoncontrollingInterest
801000 USD
us-gaap Net Income Loss Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossAttributableToNonredeemableNoncontrollingInterest
601000 USD
CY2017Q3 us-gaap Net Income Loss
NetIncomeLoss
17432000 USD
CY2016Q3 us-gaap Net Income Loss
NetIncomeLoss
10016000 USD
us-gaap Net Income Loss
NetIncomeLoss
41965000 USD
us-gaap Net Income Loss
NetIncomeLoss
19747000 USD
CY2017Q3 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
93000 USD
CY2016Q3 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
4000 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
181000 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
12000 USD
CY2017Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
17339000 USD
CY2016Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
10012000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
41784000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
19735000 USD
CY2017Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.32
CY2016Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.48
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.98
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.12
CY2017Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.32
CY2016Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.48
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.98
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.12
CY2015Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
286374000 USD
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
210004000 USD
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
17668177 shares
CY2017Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.37
CY2017Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
53696967 shares
CY2016Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.26
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.25
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.95
CY2016Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
20810322 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
42501530 shares
CY2016Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
20810322 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
42501356 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
17668177 shares
CY2017Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
53697041 shares
us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
2999000 USD
us-gaap Dividends Preferred Stock
DividendsPreferredStock
12000 USD
us-gaap Dividends Common Stock
DividendsCommonStock
16352000 USD
us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
2048000 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
291000 USD
us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
20348000 USD
CY2016Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
499120000 USD
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
505037000 USD
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
580306000 USD
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
523000 USD
us-gaap Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
125000 USD
us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
6642000 USD
us-gaap Dividends Preferred Stock
DividendsPreferredStock
6000 USD
us-gaap Dividends Common Stock
DividendsCommonStock
50588000 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
8140000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
40000 USD
us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
42591000 USD
CY2017Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1061950000 USD
us-gaap Profit Loss
ProfitLoss
42900000 USD
us-gaap Profit Loss
ProfitLoss
20596000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1731000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1009000 USD
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
-2301000 USD
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
-495000 USD
kref Noncash Paidin Kind Interest Revenue
NoncashPaidinKindInterestRevenue
864000 USD
kref Noncash Paidin Kind Interest Revenue
NoncashPaidinKindInterestRevenue
1476000 USD
kref Variable Interest Entities Changein Noncash Assets
VariableInterestEntitiesChangeinNoncashAssets
-3453000 USD
kref Variable Interest Entities Changein Noncash Assets
VariableInterestEntitiesChangeinNoncashAssets
-974000 USD
kref Increase Decreasein Equity Method Investments
IncreaseDecreaseinEquityMethodInvestments
461000 USD
kref Increase Decreasein Equity Method Investments
IncreaseDecreaseinEquityMethodInvestments
0 USD
us-gaap Share Based Compensation
ShareBasedCompensation
40000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
0 USD
us-gaap Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
91475000 USD
us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
10000000 USD
us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
0 USD
us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
3956000 USD
us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
462000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-2421000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-4615000 USD
us-gaap Increase Decrease In Due To Affiliates
IncreaseDecreaseInDueToAffiliates
2308000 USD
us-gaap Increase Decrease In Due To Affiliates
IncreaseDecreaseInDueToAffiliates
-708000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-1330000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-3813000 USD
us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
515000 USD
us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
252000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-43925000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
18544000 USD
us-gaap Proceeds From Principal Repayments On Loans And Leases Held For Investment
ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
18568000 USD
us-gaap Proceeds From Principal Repayments On Loans And Leases Held For Investment
ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
5207000 USD
us-gaap Proceeds From Real Estate And Real Estate Joint Ventures
ProceedsFromRealEstateAndRealEstateJointVentures
37310000 USD
us-gaap Proceeds From Real Estate And Real Estate Joint Ventures
ProceedsFromRealEstateAndRealEstateJointVentures
0 USD
us-gaap Proceeds From Sale Of Loans Receivable
ProceedsFromSaleOfLoansReceivable
60991000 USD
us-gaap Proceeds From Sale Of Loans Receivable
ProceedsFromSaleOfLoansReceivable
0 USD
us-gaap Payments To Acquire Loans Held For Investment
PaymentsToAcquireLoansHeldForInvestment
920358000 USD
us-gaap Payments To Acquire Loans Held For Investment
PaymentsToAcquireLoansHeldForInvestment
381348000 USD
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
27588000 USD
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
0 USD
us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
19588000 USD
us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
0 USD
us-gaap Payments To Acquire Mortgage Backed Securities Mbs Categorized As Held To Maturity
PaymentsToAcquireMortgageBackedSecuritiesMBSCategorizedAsHeldToMaturity
0 USD
us-gaap Payments To Acquire Mortgage Backed Securities Mbs Categorized As Held To Maturity
PaymentsToAcquireMortgageBackedSecuritiesMBSCategorizedAsHeldToMaturity
36351000 USD
us-gaap Payments To Acquire Interest In Joint Venture
PaymentsToAcquireInterestInJointVenture
0 USD
us-gaap Payments To Acquire Interest In Joint Venture
PaymentsToAcquireInterestInJointVenture
10240000 USD
us-gaap Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
0 USD
us-gaap Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
455000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-811489000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-423187000 USD
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
776447000 USD
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
273705000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
581255000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
210004000 USD
us-gaap Payments For Repurchase Of Redeemable Preferred Stock
PaymentsForRepurchaseOfRedeemablePreferredStock
125000 USD
us-gaap Payments For Repurchase Of Redeemable Preferred Stock
PaymentsForRepurchaseOfRedeemablePreferredStock
0 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
63000 USD
us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
0 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
8000 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
460432000 USD
us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
2048000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
1796000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
30715000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
16352000 USD
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
4898000 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
21771000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
3051000 USD
kref Cash Cash Equivalents Restricted Cashand Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashandRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-5770000 USD
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
2920000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
523000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
849644000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
442365000 USD
kref Cash Cash Equivalents Restricted Cashand Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashandRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
37722000 USD
CY2016Q4 kref Cash Cash Equivalents Restricted Cashand Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashandRestrictedCashEquivalents
96346000 USD
CY2015Q4 kref Cash Cash Equivalents Restricted Cashand Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashandRestrictedCashEquivalents
26786000 USD
CY2017Q3 kref Cash Cash Equivalents Restricted Cashand Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashandRestrictedCashEquivalents
90576000 USD
CY2016Q3 kref Cash Cash Equivalents Restricted Cashand Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashandRestrictedCashEquivalents
64508000 USD
us-gaap Interest Paid
InterestPaid
10116000 USD
us-gaap Interest Paid
InterestPaid
2715000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
252000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
460000 USD
us-gaap Fair Value Of Assets Acquired
FairValueOfAssetsAcquired
0 USD
us-gaap Fair Value Of Assets Acquired
FairValueOfAssetsAcquired
940806000 USD
us-gaap Dividends
Dividends
0 USD
CY2016Q4 kref Cash Cash Equivalents Restricted Cashand Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashandRestrictedCashEquivalents
96346000 USD
CY2017Q3 kref Debt Instrument Covenant Liquidity Required Cashand Cash Equivalents
DebtInstrumentCovenantLiquidityRequiredCashandCashEquivalents
10000000.0 USD
CY2016Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
157000 USD
CY2017Q3 kref Cash Cash Equivalents Restricted Cashand Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashandRestrictedCashEquivalents
90576000 USD
us-gaap Use Of Estimates
UseOfEstimates
Use of Estimates <span style="font-family:inherit;font-size:10pt;">— The preparation of </span><span style="font-family:inherit;font-size:10pt;">condensed consolidated</span><span style="font-family:inherit;font-size:10pt;"> financial statements in conformity with </span><span style="font-family:inherit;font-size:10pt;">GAAP</span><span style="font-family:inherit;font-size:10pt;"> requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the </span><span style="font-family:inherit;font-size:10pt;">condensed consolidated</span><span style="font-family:inherit;font-size:10pt;"> financial statements and the reported amounts of revenue and expenses during the reporting period. Management makes subjective estimates to project cash flows </span><span style="font-family:inherit;font-size:10pt;">KREF</span><span style="font-family:inherit;font-size:10pt;"> expects to receive on its investments in loans and securities as well as the related market discount rates, which significantly impacts the </span>interest income, impairments, allowance for loan loss and fair values recorded or disclosed. Actual results could differ from those estimates.
CY2017Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
600000 USD
CY2016Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
200000 USD
CY2017Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
89976000 USD
CY2016Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
96189000 USD
CY2017Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
600000 USD
CY2016Q4 kref Debt Instrument Covenant Liquidity Required Cashand Cash Equivalents
DebtInstrumentCovenantLiquidityRequiredCashandCashEquivalents
11100000 USD
CY2017Q3 us-gaap Accounts Receivable Net
AccountsReceivableNet
0 USD
CY2017Q3 us-gaap Debt Issuance Costs Line Of Credit Arrangements Net
DebtIssuanceCostsLineOfCreditArrangementsNet
1822000 USD
CY2016Q4 us-gaap Debt Issuance Costs Line Of Credit Arrangements Net
DebtIssuanceCostsLineOfCreditArrangementsNet
448000 USD
CY2017Q3 us-gaap Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
2147000 USD
CY2016Q4 us-gaap Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
558000 USD
CY2017Q3 kref Refundable Loan Costs
RefundableLoanCosts
504000 USD
CY2016Q4 kref Refundable Loan Costs
RefundableLoanCosts
0 USD
CY2017Q3 us-gaap Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
652000 USD
CY2016Q4 us-gaap Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
1538000 USD
CY2017Q3 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
430000 USD
CY2016Q4 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
22000 USD
CY2017Q3 us-gaap Taxes Payable Current And Noncurrent
TaxesPayableCurrentAndNoncurrent
215000 USD
CY2016Q4 us-gaap Taxes Payable Current And Noncurrent
TaxesPayableCurrentAndNoncurrent
141000 USD
CY2017Q3 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
138000 USD
CY2016Q4 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
30000 USD
CY2017Q3 kref Accrued Stock Issuance Costs
AccruedStockIssuanceCosts
0 USD
CY2016Q4 kref Accrued Stock Issuance Costs
AccruedStockIssuanceCosts
60000 USD
CY2017Q3 us-gaap Due From Affiliates
DueFromAffiliates
0 USD
CY2016Q4 us-gaap Due From Affiliates
DueFromAffiliates
360000 USD
CY2017Q3 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
3014000 USD
CY2016Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
2297000 USD
CY2017Q3 us-gaap Deferred Costs Current And Noncurrent
DeferredCostsCurrentAndNoncurrent
0 USD
CY2016Q4 us-gaap Deferred Costs Current And Noncurrent
DeferredCostsCurrentAndNoncurrent
1326000 USD
CY2016Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
542000 USD
CY2017Q3 us-gaap Other Assets
OtherAssets
2894000 USD
CY2016Q4 us-gaap Other Assets
OtherAssets
2728000 USD
CY2017Q3 us-gaap Mortgage Loans On Real Estate Face Amount Of Mortgages
MortgageLoansOnRealEstateFaceAmountOfMortgages
1636990000 USD
CY2017Q3 us-gaap Mortgage Loans On Real Estate Carrying Amount Of Mortgages
MortgageLoansOnRealEstateCarryingAmountOfMortgages
1625401000 USD
us-gaap Mortgage Loans On Real Estate Number Of Loans
MortgageLoansOnRealEstateNumberOfLoans
26 loan
kref Mortgage Loanson Real Estate Floating Rate Percentageof Loans
MortgageLoansonRealEstateFloatingRatePercentageofLoans
0.984
us-gaap Mortgage Loans On Real Estate Interest Rate
MortgageLoansOnRealEstateInterestRate
0.058
kref Mortgage Loanson Real Estate Weighted Average Life
MortgageLoansonRealEstateWeightedAverageLife
P3Y9M18D
CY2016Q4 us-gaap Mortgage Loans On Real Estate Face Amount Of Mortgages
MortgageLoansOnRealEstateFaceAmountOfMortgages
707800000 USD
CY2016Q4 us-gaap Mortgage Loans On Real Estate Carrying Amount Of Mortgages
MortgageLoansOnRealEstateCarryingAmountOfMortgages
700826000 USD
CY2016 us-gaap Mortgage Loans On Real Estate Number Of Loans
MortgageLoansOnRealEstateNumberOfLoans
16 loan
CY2016 kref Mortgage Loanson Real Estate Floating Rate Percentageof Loans
MortgageLoansonRealEstateFloatingRatePercentageofLoans
0.963
CY2016 us-gaap Mortgage Loans On Real Estate Interest Rate
MortgageLoansOnRealEstateInterestRate
0.050
CY2016 kref Mortgage Loanson Real Estate Weighted Average Life
MortgageLoansonRealEstateWeightedAverageLife
P4Y
kref Mortgage Loanson Real Estate Collectionsof Principal Upon Loan Sale
MortgageLoansonRealEstateCollectionsofPrincipalUponLoanSale
70991000 USD
CY2016Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
700826000 USD
us-gaap Mortgage Loans On Real Estate New Mortgage Loans
MortgageLoansOnRealEstateNewMortgageLoans
1011833000 USD
kref Mortgage Loanson Real Estate Transfer To Held For Investment
MortgageLoansonRealEstateTransferToHeldForInvestment
0 USD
us-gaap Mortgage Loans On Real Estate Collections Of Principal
MortgageLoansOnRealEstateCollectionsOfPrincipal
18568000 USD
kref Mortgage Loanson Real Estate Amortizationof Premium Discount Net
MortgageLoansonRealEstateAmortizationofPremiumDiscountNet
-2301000 USD
CY2017Q3 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
1625401000 USD
CY2017Q3 us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
37300000 USD
CY2017Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
5769019000 USD
CY2017Q3 us-gaap Long Term Debt
LongTermDebt
6069901000 USD
CY2017Q3 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
1825000000 USD
CY2017Q3 us-gaap Longterm Debt Weighted Average Interest Rate
LongtermDebtWeightedAverageInterestRate
0.042
us-gaap Debt Instrument Term
DebtInstrumentTerm
P6Y8M12D
CY2016Q4 us-gaap Long Term Debt
LongTermDebt
5752718000 USD
CY2017Q3 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
5600000 USD
CY2016Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
6400000 USD
CY2017Q3 kref Debt Instrument Average Haircut Weightedby Outstanding Face Amountof Collateral
DebtInstrumentAverageHaircutWeightedbyOutstandingFaceAmountofCollateral
0.474
CY2016Q4 kref Debt Instrument Average Haircut Weightedby Outstanding Face Amountof Collateral
DebtInstrumentAverageHaircutWeightedbyOutstandingFaceAmountofCollateral
0.288
CY2017Q3 kref Debt Instrument Average Haircut Weightedby Outstanding Face Amountof Collateral Percentageif Maximum Amountis Borrowed
DebtInstrumentAverageHaircutWeightedbyOutstandingFaceAmountofCollateralPercentageifMaximumAmountisBorrowed
0.281
CY2016Q4 kref Debt Instrument Average Haircut Weightedby Outstanding Face Amountof Collateral Percentageif Maximum Amountis Borrowed
DebtInstrumentAverageHaircutWeightedbyOutstandingFaceAmountofCollateralPercentageifMaximumAmountisBorrowed
0.259
CY2017Q3 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
78315000 USD
CY2017Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
137510000 USD
CY2017Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
357940000 USD
CY2017Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
757451000 USD
CY2017Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
75545000 USD
CY2017Q3 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
4362258000 USD
CY2017Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
5769019000 USD
CY2017Q3 kref Longterm Debt Recourse Limit Percent
LongtermDebtRecourseLimitPercent
0.250
kref Debt Instrument Covenant Interest Incometo Interest Expense Ratio
DebtInstrumentCovenantInterestIncometoInterestExpenseRatio
1.5
kref Debt Instrument Covenant Cash Liquidity Amount
DebtInstrumentCovenantCashLiquidityAmount
10000000.0 USD
kref Debt Instrument Covenant Consolidated Tangible Net Worth Minimum Percentageof Aggregate Cash Proceeds Madeand Capital Contributions Received
DebtInstrumentCovenantConsolidatedTangibleNetWorthMinimumPercentageofAggregateCashProceedsMadeandCapitalContributionsReceived
0.750
kref Debt Instrument Covenant Cash Liquidity Percentof Recourse Indebtedness
DebtInstrumentCovenantCashLiquidityPercentofRecourseIndebtedness
0.050
kref Debt Instrument Covenant Total Indebtedness Percentof Total Assets
DebtInstrumentCovenantTotalIndebtednessPercentofTotalAssets
0.750
kref Debt Instrument Covenant Debtto Equity Ratio Minimum
DebtInstrumentCovenantDebttoEquityRatioMinimum
3.5
kref Debt Instrument Covenant Fixed Charge Coverage Ratio Minimum
DebtInstrumentCovenantFixedChargeCoverageRatioMinimum
1.5
CY2017Q3 us-gaap Variable Interest Entity Consolidated Carrying Amount Assets
VariableInterestEntityConsolidatedCarryingAmountAssets
5400000000 USD
CY2017Q3 us-gaap Variable Interest Entity Consolidated Carrying Amount Liabilities
VariableInterestEntityConsolidatedCarryingAmountLiabilities
5300000000 USD
kref Variable Interest Entity Changein Net Assets
VariableInterestEntityChangeinNetAssets
-12800000 USD
kref Number Of Equity Method Investments
NumberOfEquityMethodInvestments
2 investment
CY2014Q4 kref Common Stockand Preferred Stock Shares Authorized
CommonStockandPreferredStockSharesAuthorized
350000000 shares
CY2014Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2014Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
300000000 shares
CY2014Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2017Q3 kref Common Stock Value Per Limited Liability Company Interest Allocation
CommonStockValuePerLimitedLiabilityCompanyInterestAllocation
100000000.0 USD
CY2017Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
53711838 shares
CY2017Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
53685440 shares
CY2017Q3 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
26398 shares
CY2017Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.35
CY2017Q1 us-gaap Dividends Common Stock
DividendsCommonStock
8455000 USD
CY2017Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.28
CY2017Q2 us-gaap Dividends Common Stock
DividendsCommonStock
8832000 USD
CY2017Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.25
CY2017Q2 us-gaap Dividends Common Stock
DividendsCommonStock
13428000 USD
CY2017Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.37
CY2017Q3 us-gaap Dividends Common Stock
DividendsCommonStock
19873000 USD
us-gaap Dividends Common Stock
DividendsCommonStock
50588000 USD
CY2017Q3 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
100000000.0 USD
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
26398 shares
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
19.80
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
500000 USD
CY2017Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
74 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
174 shares
CY2017Q3 us-gaap Due To Affiliate Current And Noncurrent
DueToAffiliateCurrentAndNoncurrent
4036000 USD
CY2016Q4 us-gaap Due To Affiliate Current And Noncurrent
DueToAffiliateCurrentAndNoncurrent
1728000 USD
CY2017Q3 us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
4355000 USD
CY2016Q3 us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
1732000 USD
us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
10444000 USD
us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
4828000 USD
CY2017Q3 kref Mortgage Loanson Real Estate Unamortized Discountsand Deferred Fees
MortgageLoansonRealEstateUnamortizedDiscountsandDeferredFees
11200000 USD
CY2017Q3 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
5600000 USD
CY2016Q4 kref Mortgage Loanson Real Estate Unamortized Discountsand Deferred Fees
MortgageLoansonRealEstateUnamortizedDiscountsandDeferredFees
9200000 USD
CY2016Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
6400000 USD
CY2016Q4 kref Fair Value Measurementwith Unobservable Inputs Reconciliation Recurring Basis Asset Liability Value
FairValueMeasurementwithUnobservableInputsReconciliationRecurringBasisAssetLiabilityValue
112510000 USD
kref Fair Value Measurementwith Unobservable Inputs Reconciliation Recurring Basis Asset Liability Gain Loss Includedin Earnings
FairValueMeasurementwithUnobservableInputsReconciliationRecurringBasisAssetLiabilityGainLossIncludedinEarnings
3453000 USD
kref Fair Value Measurementwith Unobservable Inputs Reconciliation Recurring Basis Asset Liability Purchases
FairValueMeasurementwithUnobservableInputsReconciliationRecurringBasisAssetLiabilityPurchases
0 USD
kref Fair Value Measurementwith Unobservable Inputs Reconciliation Recurring Basis Asset Liability Settlements
FairValueMeasurementwithUnobservableInputsReconciliationRecurringBasisAssetLiabilitySettlements
0 USD
kref Fair Value Assets Liabilities Measuredon Recurring Basis Other
FairValueAssetsLiabilitiesMeasuredonRecurringBasisOther
-3000 USD
CY2017Q3 kref Fair Value Measurementwith Unobservable Inputs Reconciliation Recurring Basis Asset Liability Value
FairValueMeasurementwithUnobservableInputsReconciliationRecurringBasisAssetLiabilityValue
115960000 USD
us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
400000 USD
us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
200000 USD
CY2017Q3 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
0 USD

Files In Submission

Name View Source Status
0001631596-17-000019-index-headers.html Edgar Link pending
0001631596-17-000019-index.html Edgar Link pending
0001631596-17-000019.txt Edgar Link pending
0001631596-17-000019-xbrl.zip Edgar Link pending
a201709-exhibit311.htm Edgar Link pending
a201709-exhibit312.htm Edgar Link pending
a201709-exhibit313.htm Edgar Link pending
a201709-exhibit321.htm Edgar Link pending
a201709-exhibit322.htm Edgar Link pending
a201709-exhibit323.htm Edgar Link pending
a201709-kref10q.htm Edgar Link pending
a201709-kref10q_htm.xml Edgar Link completed
amendmentno1toamendeda.htm Edgar Link pending
ex10_1.htm Edgar Link pending
ex10_2.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
kref-20170930.xsd Edgar Link pending
kref-20170930_cal.xml Edgar Link unprocessable
kref-20170930_def.xml Edgar Link unprocessable
kref-20170930_lab.xml Edgar Link unprocessable
kref-20170930_pre.xml Edgar Link unprocessable
kref930charta01.jpg Edgar Link pending
kreflogo.jpg Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending