2022 Q3 Form 10-Q Financial Statement
#000163159622000033 Filed on July 25, 2022
Income Statement
Concept | 2022 Q3 | 2022 Q2 | 2022 Q1 |
---|---|---|---|
Revenue | $118.5M | $94.71M | $79.66M |
YoY Change | 52.65% | 38.25% | 20.84% |
Cost Of Revenue | $67.31M | $44.73M | $32.46M |
YoY Change | 125.63% | 65.94% | 18.55% |
Gross Profit | $51.16M | $49.98M | $47.20M |
YoY Change | 7.08% | 20.29% | 22.47% |
Gross Profit Margin | 43.18% | 52.77% | 59.25% |
Selling, General & Admin | $8.764M | $8.546M | $8.133M |
YoY Change | -10.72% | -12.43% | -10.03% |
% of Gross Profit | 17.13% | 17.1% | 17.23% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | |||
YoY Change | |||
% of Gross Profit | |||
Operating Expenses | $94.08M | $24.98M | $11.79M |
YoY Change | 683.78% | 140.96% | 40.35% |
Operating Profit | -$42.92M | $25.00M | $35.41M |
YoY Change | -219.95% | -19.84% | 17.49% |
Interest Expense | $67.31M | $44.73M | $32.46M |
YoY Change | 125.63% | 65.94% | 18.54% |
% of Operating Profit | 178.97% | 91.66% | |
Other Income/Expense, Net | $3.846M | $4.105M | $6.430M |
YoY Change | 67.8% | 202.73% | 456.23% |
Pretax Income | -$42.92M | $25.00M | $35.41M |
YoY Change | -219.95% | -19.84% | 17.49% |
Income Tax | $0.00 | $0.00 | $0.00 |
% Of Pretax Income | 0.0% | 0.0% | |
Net Earnings | -$42.75M | $25.06M | $35.47M |
YoY Change | -219.86% | -19.36% | 17.87% |
Net Earnings / Revenue | -36.09% | 26.46% | 44.52% |
Basic Earnings Per Share | -$0.70 | $0.28 | $0.47 |
Diluted Earnings Per Share | -$0.70 | $0.28 | $0.46 |
COMMON SHARES | |||
Basic Shares Outstanding | 69.25M shares | 68.55M shares | 63.09M shares |
Diluted Shares Outstanding | 69.38M shares | 68.55M shares | 69.40M shares |
Balance Sheet
Concept | 2022 Q3 | 2022 Q2 | 2022 Q1 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $183.3M | $118.0M | $173.2M |
YoY Change | -40.42% | -0.97% | -17.26% |
Cash & Equivalents | $183.3M | $118.0M | $173.2M |
Short-Term Investments | |||
Other Short-Term Assets | $800.0K | $700.0K | |
YoY Change | 0.0% | 250.0% | |
Inventory | |||
Prepaid Expenses | |||
Receivables | $30.57M | $23.10M | $20.49M |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $213.9M | $141.9M | $194.4M |
YoY Change | -33.64% | 4.56% | -14.0% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | |||
YoY Change | |||
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | $36.86M | $36.78M | $36.60M |
YoY Change | 5.88% | 8.91% | 8.91% |
Other Assets | $12.50M | $13.20M | $6.300M |
YoY Change | 257.14% | 528.57% | 173.91% |
Total Long-Term Assets | $7.327B | $7.572B | $6.955B |
YoY Change | 34.91% | 40.54% | 37.82% |
TOTAL ASSETS | |||
Total Short-Term Assets | $213.9M | $141.9M | $194.4M |
Total Long-Term Assets | $7.327B | $7.572B | $6.955B |
Total Assets | $7.541B | $7.714B | $7.150B |
YoY Change | 31.07% | 39.65% | 35.6% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $3.825M | $3.182M | $3.126M |
YoY Change | 947.95% | 233.19% | 346.57% |
Accrued Expenses | $16.02M | $11.64M | $12.03M |
YoY Change | 72.37% | 60.91% | 8.36% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $58.88M | $53.03M | $53.23M |
YoY Change | 47.08% | 39.0% | 29.84% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $5.883B | $5.981B | $5.445B |
YoY Change | 31.42% | 40.46% | 30.31% |
Other Long-Term Liabilities | $4.100M | $2.800M | $1.800M |
YoY Change | |||
Total Long-Term Liabilities | $5.887B | $5.984B | $5.447B |
YoY Change | 31.51% | 40.53% | 30.35% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $58.88M | $53.03M | $53.23M |
Total Long-Term Liabilities | $5.887B | $5.984B | $5.447B |
Total Liabilities | $5.946B | $6.037B | $5.500B |
YoY Change | 31.65% | 40.51% | 30.35% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$126.4M | -$48.16M | -$37.62M |
YoY Change | 168.79% | -12.58% | -37.75% |
Common Stock | $694.0K | $697.0K | $679.0K |
YoY Change | 24.82% | 25.36% | 22.12% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | $89.32M | $79.07M | $61.00M |
YoY Change | 46.43% | 29.63% | 0.0% |
Treasury Stock Shares | |||
Shareholders Equity | $1.595B | $1.676B | $1.650B |
YoY Change | |||
Total Liabilities & Shareholders Equity | $7.541B | $7.714B | $7.150B |
YoY Change | 31.07% | 39.65% | 35.6% |
Cashflow Statement
Concept | 2022 Q3 | 2022 Q2 | 2022 Q1 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$42.75M | $25.06M | $35.47M |
YoY Change | -219.86% | -19.36% | 17.87% |
Depreciation, Depletion And Amortization | |||
YoY Change | |||
Cash From Operating Activities | $35.57M | $35.25M | $33.13M |
YoY Change | -8.21% | 26.77% | 9.46% |
INVESTING ACTIVITIES | |||
Capital Expenditures | |||
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $173.5M | -$613.6M | -$530.5M |
YoY Change | 450.98% | 52.08% | 163.66% |
Cash From Investing Activities | $173.5M | -$613.6M | -$530.5M |
YoY Change | 450.98% | 52.08% | 163.62% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $135.3M | ||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -144.1M | 529.1M | $398.5M |
YoY Change | -220.15% | 85.4% | 47.86% |
NET CHANGE | |||
Cash From Operating Activities | 35.57M | 35.25M | $33.13M |
Cash From Investing Activities | 173.5M | -613.6M | -$530.5M |
Cash From Financing Activities | -144.1M | 529.1M | $398.5M |
Net Change In Cash | 64.96M | -49.21M | -$98.88M |
YoY Change | -65.83% | -45.48% | -200.37% |
FREE CASH FLOW | |||
Cash From Operating Activities | $35.57M | $35.25M | $33.13M |
Capital Expenditures | |||
Free Cash Flow | |||
YoY Change |
Facts In Submission
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0 | usd |
CY2021Q2 | us-gaap |
Noninterest Expense Related To Performance Fees
NoninterestExpenseRelatedToPerformanceFees
|
2403000 | usd |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.74 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.05 | ||
us-gaap |
Noninterest Expense Related To Performance Fees
NoninterestExpenseRelatedToPerformanceFees
|
0 | usd | |
us-gaap |
Noninterest Expense Related To Performance Fees
NoninterestExpenseRelatedToPerformanceFees
|
4595000 | usd | |
CY2022Q2 | kref |
Property Operating Expense
PropertyOperatingExpense
|
2368000 | usd |
CY2021Q2 | kref |
Property Operating Expense
PropertyOperatingExpense
|
0 | usd |
kref |
Property Operating Expense
PropertyOperatingExpense
|
4922000 | usd | |
kref |
Property Operating Expense
PropertyOperatingExpense
|
0 | usd | |
CY2022Q2 | us-gaap |
Operating Costs And Expenses
OperatingCostsAndExpenses
|
24980000 | usd |
CY2021Q2 | us-gaap |
Operating Costs And Expenses
OperatingCostsAndExpenses
|
10367000 | usd |
us-gaap |
Operating Costs And Expenses
OperatingCostsAndExpenses
|
36769000 | usd | |
us-gaap |
Operating Costs And Expenses
OperatingCostsAndExpenses
|
18766000 | usd | |
CY2022Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
24995000 | usd |
CY2021Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
31180000 | usd |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
60407000 | usd | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
61320000 | usd | |
CY2022Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | usd |
CY2021Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
103000 | usd |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | usd | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
151000 | usd | |
CY2022Q2 | us-gaap |
Profit Loss
ProfitLoss
|
24995000 | usd |
CY2021Q2 | us-gaap |
Profit Loss
ProfitLoss
|
31077000 | usd |
us-gaap |
Profit Loss
ProfitLoss
|
60407000 | usd | |
us-gaap |
Profit Loss
ProfitLoss
|
61169000 | usd | |
CY2022Q2 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-66000 | usd |
CY2021Q2 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
0 | usd |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-122000 | usd | |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
0 | usd | |
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
25061000 | usd |
CY2021Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
31077000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
60529000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
61169000 | usd | |
CY2022Q2 | kref |
Preferred Stock Redemption Adjustment And Dividends Income Statement Impact
PreferredStockRedemptionAdjustmentAndDividendsIncomeStatementImpact
|
5326000 | usd |
CY2021Q2 | kref |
Preferred Stock Redemption Adjustment And Dividends Income Statement Impact
PreferredStockRedemptionAdjustmentAndDividendsIncomeStatementImpact
|
1813000 | usd |
kref |
Preferred Stock Redemption Adjustment And Dividends Income Statement Impact
PreferredStockRedemptionAdjustmentAndDividendsIncomeStatementImpact
|
10652000 | usd | |
kref |
Preferred Stock Redemption Adjustment And Dividends Income Statement Impact
PreferredStockRedemptionAdjustmentAndDividendsIncomeStatementImpact
|
2721000 | usd | |
CY2022Q2 | us-gaap |
Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
|
341000 | usd |
CY2021Q2 | us-gaap |
Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
|
0 | usd |
us-gaap |
Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
|
687000 | usd | |
us-gaap |
Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
|
0 | usd | |
CY2022Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
19394000 | usd |
CY2021Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
29264000 | usd |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
49190000 | usd | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
58448000 | usd | |
CY2022Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.28 | |
CY2021Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.53 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.75 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.05 | ||
CY2022Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.28 | |
CY2021Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.52 | |
CY2022Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
68549049 | shares |
CY2021Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
55632322 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
65832841 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
55625911 | shares | |
CY2022Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
68549049 | shares |
CY2021Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
55907086 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
72149015 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
55819110 | shares | |
CY2022Q2 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.43 | |
CY2021Q2 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.43 | |
us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.86 | ||
us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.86 | ||
CY2022Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.43 | |
CY2022Q1 | kref |
Participating Security Dividends Per Share Declared
ParticipatingSecurityDividendsPerShareDeclared
|
0.43 | |
CY2022Q2 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.43 | |
CY2022Q2 | kref |
Participating Security Dividends Per Share Declared
ParticipatingSecurityDividendsPerShareDeclared
|
0.43 | |
kref |
Increase Decreasein Equity Method Investments
IncreaseDecreaseinEquityMethodInvestments
|
1245000 | usd | |
us-gaap |
Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
|
7257000 | usd | |
CY2021Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.43 | |
CY2021Q2 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.43 | |
us-gaap |
Profit Loss
ProfitLoss
|
60407000 | usd | |
us-gaap |
Profit Loss
ProfitLoss
|
61169000 | usd | |
us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
10618000 | usd | |
us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
6582000 | usd | |
kref |
Accretion Of Deferred Loan Costs And Discounts
AccretionOfDeferredLoanCostsAndDiscounts
|
11961000 | usd | |
kref |
Accretion Of Deferred Loan Costs And Discounts
AccretionOfDeferredLoanCostsAndDiscounts
|
9200000 | usd | |
kref |
Payments For Interest Paid In Kind
PaymentsForInterestPaidInKind
|
943000 | usd | |
kref |
Payments For Interest Paid In Kind
PaymentsForInterestPaidInKind
|
1303000 | usd | |
kref |
Increase Decreasein Equity Method Investments
IncreaseDecreaseinEquityMethodInvestments
|
727000 | usd | |
kref |
Credit Loss Expense Reversal
CreditLossExpenseReversal
|
10580000 | usd | |
kref |
Credit Loss Expense Reversal
CreditLossExpenseReversal
|
-2147000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
4166000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
3987000 | usd | |
us-gaap |
Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
|
996000 | usd | |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
-1547000 | usd | |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
594000 | usd | |
us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
3210000 | usd | |
us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
92000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-1287000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
656000 | usd | |
us-gaap |
Increase Decrease In Due To Affiliates
IncreaseDecreaseInDueToAffiliates
|
549000 | usd | |
us-gaap |
Increase Decrease In Due To Affiliates
IncreaseDecreaseInDueToAffiliates
|
590000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
68384000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
58109000 | usd | |
us-gaap |
Proceeds From Principal Repayments On Loans And Leases Held For Investment
ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
|
647814000 | usd | |
us-gaap |
Proceeds From Principal Repayments On Loans And Leases Held For Investment
ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
|
514490000 | usd | |
us-gaap |
Payments To Acquire Loans Held For Investment
PaymentsToAcquireLoansHeldForInvestment
|
1791277000 | usd | |
us-gaap |
Payments To Acquire Loans Held For Investment
PaymentsToAcquireLoansHeldForInvestment
|
1119158000 | usd | |
kref |
Payments To Acquire Foreclosed Assets
PaymentsToAcquireForeclosedAssets
|
599000 | usd | |
kref |
Payments To Acquire Foreclosed Assets
PaymentsToAcquireForeclosedAssets
|
0 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-1144062000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-604668000 | usd | |
us-gaap |
Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
|
1817044000 | usd | |
us-gaap |
Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
|
1014306000 | usd | |
kref |
Proceeds From Issuance Of Collateralized Loan Obligation
ProceedsFromIssuanceOfCollateralizedLoanObligation
|
847500000 | usd | |
kref |
Proceeds From Issuance Of Collateralized Loan Obligation
ProceedsFromIssuanceOfCollateralizedLoanObligation
|
0 | usd | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
188924000 | usd | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
0 | usd | |
us-gaap |
Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
|
151167000 | usd | |
us-gaap |
Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
|
167066000 | usd | |
us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
55600000 | usd | |
us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
47832000 | usd | |
us-gaap |
Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
|
10888000 | usd | |
us-gaap |
Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
|
2204000 | usd | |
us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
1972793000 | usd | |
us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
572503000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-148097000 | usd | |
us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
18552000 | usd | |
us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
1806000 | usd | |
us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
1140000 | usd | |
us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
408000 | usd | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
18081000 | usd | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
0 | usd | |
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
0 | usd | |
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
1720000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
927581000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
554899000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
8340000 | usd | |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
273770000 | usd |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
110832000 | usd |
CY2022Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
125673000 | usd |
CY2021Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
119172000 | usd |
CY2022Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
118020000 | usd |
CY2021Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
119172000 | usd |
CY2022Q2 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
7653000 | usd |
CY2021Q2 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
0 | usd |
CY2022Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
125673000 | usd |
CY2021Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
119172000 | usd |
us-gaap |
Interest Paid Net
InterestPaidNet
|
63365000 | usd | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
46296000 | usd | |
us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
0 | usd | |
us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
409000 | usd | |
kref |
Loan Principal Payments Held By Servicer
LoanPrincipalPaymentsHeldByServicer
|
0 | usd | |
kref |
Loan Principal Payments Held By Servicer
LoanPrincipalPaymentsHeldByServicer
|
167057000 | usd | |
kref |
Principal Repayments On Secured Financing Agreements By Borrower
PrincipalRepaymentsOnSecuredFinancingAgreementsByBorrower
|
0 | usd | |
kref |
Principal Repayments On Secured Financing Agreements By Borrower
PrincipalRepaymentsOnSecuredFinancingAgreementsByBorrower
|
-67259000 | usd | |
us-gaap |
Dividends
Dividends
|
29951000 | usd | |
us-gaap |
Dividends
Dividends
|
24348000 | usd | |
us-gaap |
Use Of Estimates
UseOfEstimates
|
<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">— The preparation of </span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">condensed consolidated</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> financial statements in conformity with GAAP 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="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">condensed consolidated</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> financial statements and the reported amounts of revenue and expenses during the reporting period. Management makes subjective estimates to project cash flows KREF expects to receive on its investments in loans and securities as well as the related market discount rates, which significantly impact the interest income, impairments, allowance for loan loss and fair values recorded or disclosed. The effects of COVID-19 may negatively and materially impact significant estimates and assumptions used by the Company including, but not limited to, estimates of expected credit losses, valuation of our equity method investments and the fair value estimates of the Company’s assets and liabilities</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">. </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Actual results could materially differ from those estimates.</span> | ||
CY2022Q2 | kref |
Debt Instrument Covenant Liquidity Required Cashand Cash Equivalents
DebtInstrumentCovenantLiquidityRequiredCashandCashEquivalents
|
51700000 | usd |
CY2021Q4 | kref |
Debt Instrument Covenant Liquidity Required Cashand Cash Equivalents
DebtInstrumentCovenantLiquidityRequiredCashandCashEquivalents
|
65600000 | usd |
CY2022Q2 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
7700000 | usd |
CY2021Q4 | us-gaap |
Restricted Cash
RestrictedCash
|
2300000 | usd |
CY2022Q2 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
7700000 | usd |
CY2022Q2 | us-gaap |
Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
|
800000 | usd |
CY2022Q2 | kref |
Real Estate Owned Accounts Receivable
RealEstateOwnedAccountsReceivable
|
600000 | usd |
CY2021Q4 | us-gaap |
Restricted Cash
RestrictedCash
|
2300000 | usd |
CY2021Q4 | kref |
Interest Held At Servicer
InterestHeldAtServicer
|
1400000 | usd |
CY2021Q4 | us-gaap |
Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
|
1400000 | usd |
CY2022Q2 | kref |
Real Estate Owned Liability
RealEstateOwnedLiability
|
3000000 | usd |
CY2022Q2 | us-gaap |
Off Balance Sheet Credit Loss Liability
OffBalanceSheetCreditLossLiability
|
2800000 | usd |
CY2022Q2 | us-gaap |
Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
|
1800000 | usd |
CY2021Q4 | us-gaap |
Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
|
3900000 | usd |
CY2021Q4 | kref |
Real Estate Owned Liability
RealEstateOwnedLiability
|
3300000 | usd |
CY2021Q4 | us-gaap |
Off Balance Sheet Credit Loss Liability
OffBalanceSheetCreditLossLiability
|
1500000 | usd |
CY2021Q4 | us-gaap |
Deferred Income
DeferredIncome
|
600000 | usd |
CY2022Q2 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.43 | |
CY2022Q2 | us-gaap |
Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
|
5500000 | usd |
us-gaap |
Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
|
6316174 | shares | |
CY2022Q2 | kref |
Prepayment Fee Income
PrepaymentFeeIncome
|
4000000 | usd |
kref |
Prepayment Fee Income
PrepaymentFeeIncome
|
4100000 | usd | |
CY2022Q2 | kref |
Net Accelerated Fees
NetAcceleratedFees
|
0 | usd |
kref |
Net Accelerated Fees
NetAcceleratedFees
|
800000 | usd | |
CY2021Q2 | kref |
Net Accelerated Fees
NetAcceleratedFees
|
1100000 | usd |
kref |
Net Accelerated Fees
NetAcceleratedFees
|
2100000 | usd | |
CY2022Q2 | kref |
Weighted Average Loan Risk Rating
WeightedAverageLoanRiskRating
|
3.0 | |
CY2021Q4 | kref |
Weighted Average Loan Risk Rating
WeightedAverageLoanRiskRating
|
2.9 | |
CY2022Q1 | kref |
Weighted Average Loan Risk Rating
WeightedAverageLoanRiskRating
|
2.9 | |
CY2021Q4 | us-gaap |
Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
|
22244000 | usd |
CY2021Q4 | us-gaap |
Off Balance Sheet Credit Loss Liability
OffBalanceSheetCreditLossLiability
|
1495000 | usd |
CY2021Q4 | kref |
Allowance For Credit Loss
AllowanceForCreditLoss
|
23739000 | usd |
us-gaap |
Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
|
9285000 | usd | |
us-gaap |
Off Balance Sheet Credit Loss Liability Credit Loss Expense Reversal
OffBalanceSheetCreditLossLiabilityCreditLossExpenseReversal
|
1295000 | usd | |
kref |
Credit Loss Expense Reversal
CreditLossExpenseReversal
|
10580000 | usd | |
us-gaap |
Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
|
0 | usd | |
kref |
Off Balance Sheet Credit Loss Liability Writeoff
OffBalanceSheetCreditLossLiabilityWriteoff
|
0 | usd | |
kref |
Allowance For Credit Loss Writeoff
AllowanceForCreditLossWriteoff
|
0 | usd | |
us-gaap |
Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
|
0 | usd | |
kref |
Off Balance Sheet Credit Loss Liability Recovery
OffBalanceSheetCreditLossLiabilityRecovery
|
0 | usd | |
kref |
Allowance For Credit Loss Recovery
AllowanceForCreditLossRecovery
|
0 | usd | |
CY2022Q2 | us-gaap |
Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
|
31529000 | usd |
CY2022Q2 | us-gaap |
Off Balance Sheet Credit Loss Liability
OffBalanceSheetCreditLossLiability
|
2790000 | usd |
CY2022Q2 | kref |
Allowance For Credit Loss
AllowanceForCreditLoss
|
34319000 | usd |
CY2020Q4 | us-gaap |
Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
|
59801000 | usd |
CY2020Q4 | us-gaap |
Off Balance Sheet Credit Loss Liability
OffBalanceSheetCreditLossLiability
|
902000 | usd |
CY2020Q4 | kref |
Allowance For Credit Loss
AllowanceForCreditLoss
|
60703000 | usd |
us-gaap |
Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
|
-1790000 | usd | |
us-gaap |
Off Balance Sheet Credit Loss Liability Credit Loss Expense Reversal
OffBalanceSheetCreditLossLiabilityCreditLossExpenseReversal
|
-357000 | usd | |
kref |
Credit Loss Expense Reversal
CreditLossExpenseReversal
|
-2147000 | usd | |
us-gaap |
Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
|
0 | usd | |
kref |
Off Balance Sheet Credit Loss Liability Writeoff
OffBalanceSheetCreditLossLiabilityWriteoff
|
0 | usd | |
kref |
Allowance For Credit Loss Writeoff
AllowanceForCreditLossWriteoff
|
0 | usd | |
us-gaap |
Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
|
0 | usd | |
kref |
Off Balance Sheet Credit Loss Liability Recovery
OffBalanceSheetCreditLossLiabilityRecovery
|
0 | usd | |
kref |
Allowance For Credit Loss Recovery
AllowanceForCreditLossRecovery
|
0 | usd | |
CY2021Q2 | us-gaap |
Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
|
58011000 | usd |
CY2021Q2 | us-gaap |
Off Balance Sheet Credit Loss Liability
OffBalanceSheetCreditLossLiability
|
545000 | usd |
CY2021Q2 | kref |
Allowance For Credit Loss
AllowanceForCreditLoss
|
58556000 | usd |
kref |
Credit Loss Expense Reversal
CreditLossExpenseReversal
|
10600000 | usd | |
kref |
Credit Loss Expense Reversal
CreditLossExpenseReversal
|
-2100000 | usd | |
CY2021Q4 | kref |
Real Estate Owned Other Assets Assumed
RealEstateOwnedOtherAssetsAssumed
|
2000000 | usd |
CY2022Q2 | us-gaap |
Operating Lease Lease Income
OperatingLeaseLeaseIncome
|
1578000 | usd |
us-gaap |
Operating Lease Lease Income
OperatingLeaseLeaseIncome
|
3865000 | usd | |
CY2022Q2 | kref |
Other Real Estate Operations Income
OtherRealEstateOperationsIncome
|
255000 | usd |
kref |
Other Real Estate Operations Income
OtherRealEstateOperationsIncome
|
597000 | usd | |
CY2022Q2 | kref |
Property Operating Expense
PropertyOperatingExpense
|
2368000 | usd |
kref |
Property Operating Expense
PropertyOperatingExpense
|
4922000 | usd | |
CY2022Q2 | us-gaap |
Other Revenue Expense From Real Estate Operations
OtherRevenueExpenseFromRealEstateOperations
|
934000 | usd |
us-gaap |
Other Revenue Expense From Real Estate Operations
OtherRevenueExpenseFromRealEstateOperations
|
1337000 | usd | |
CY2022Q2 | kref |
Income Loss From Real Estate Owned Operations
IncomeLossFromRealEstateOwnedOperations
|
399000 | usd |
kref |
Income Loss From Real Estate Owned Operations
IncomeLossFromRealEstateOwnedOperations
|
877000 | usd | |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
67000 | usd |
CY2021Q4 | kref |
Debt Instrument Average Haircut Weightedby Outstanding Face Amountof Collateral
DebtInstrumentAverageHaircutWeightedbyOutstandingFaceAmountofCollateral
|
0.303 | |
CY2022Q2 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
16000 | usd |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
33000 | usd | |
CY2022Q2 | us-gaap |
Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
|
91000 | usd |
us-gaap |
Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
|
182000 | usd | |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
|
34000 | usd |
CY2022Q2 | us-gaap |
Below Market Lease Amortization Income Remainder Of Fiscal Year
BelowMarketLeaseAmortizationIncomeRemainderOfFiscalYear
|
183000 | usd |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
|
67000 | usd |
CY2022Q2 | us-gaap |
Below Market Lease Amortization Income Next Twelve Months
BelowMarketLeaseAmortizationIncomeNextTwelveMonths
|
365000 | usd |
CY2022Q2 | us-gaap |
Below Market Lease Amortization Income Year Two
BelowMarketLeaseAmortizationIncomeYearTwo
|
365000 | usd |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
67000 | usd |
CY2022Q2 | us-gaap |
Below Market Lease Amortization Income Year Three
BelowMarketLeaseAmortizationIncomeYearThree
|
365000 | usd |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
67000 | usd |
CY2022Q2 | us-gaap |
Below Market Lease Amortization Income Year Four
BelowMarketLeaseAmortizationIncomeYearFour
|
365000 | usd |
CY2022Q2 | us-gaap |
Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year
LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear
|
2505000 | usd |
CY2022Q2 | us-gaap |
Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
|
4236000 | usd |
CY2022Q2 | us-gaap |
Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
|
3462000 | usd |
CY2022Q2 | us-gaap |
Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
|
2715000 | usd |
CY2022Q2 | us-gaap |
Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
|
1850000 | usd |
CY2022Q2 | kref |
Lessor Operating Lease Payment To Be Received After Year Four
LessorOperatingLeasePaymentToBeReceivedAfterYearFour
|
45000 | usd |
CY2022Q2 | kref |
Debt Instrument Average Haircut Weightedby Outstanding Face Amountof Collateral
DebtInstrumentAverageHaircutWeightedbyOutstandingFaceAmountofCollateral
|
0.282 | |
CY2022Q2 | kref |
Debt Instrument Average Haircut Weightedby Outstanding Face Amountof Collateral Percentageif Maximum Amountis Borrowed
DebtInstrumentAverageHaircutWeightedbyOutstandingFaceAmountofCollateralPercentageifMaximumAmountisBorrowed
|
0.254 | |
CY2021Q4 | kref |
Debt Instrument Average Haircut Weightedby Outstanding Face Amountof Collateral Percentageif Maximum Amountis Borrowed
DebtInstrumentAverageHaircutWeightedbyOutstandingFaceAmountofCollateralPercentageifMaximumAmountisBorrowed
|
0.259 | |
CY2022Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
|
456921000 | usd |
CY2022Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
1198401000 | usd |
CY2022Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
|
984201000 | usd |
CY2022Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
|
475665000 | usd |
CY2022Q2 | kref |
Long Term Debt Maturity After Year Four
LongTermDebtMaturityAfterYearFour
|
468704000 | usd |
CY2022Q2 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
3583892000 | usd |
kref |
Debt Instrument Covenant Interest Incometo Interest Expense Ratio
DebtInstrumentCovenantInterestIncometoInterestExpenseRatio
|
1.5 | ||
kref |
Debt Instrument Covenant Consolidated Tangible Net Worth Minimum Percentageof Aggregate Cash Proceeds Madeand Capital Contributions Received
DebtInstrumentCovenantConsolidatedTangibleNetWorthMinimumPercentageofAggregateCashProceedsMadeandCapitalContributionsReceived
|
0.750 | ||
kref |
Debt Instrument Covenant Consolidated Tangible Net Worth Amountof Aggregate Cash Proceeds Madeand Capital Contributions Received
DebtInstrumentCovenantConsolidatedTangibleNetWorthAmountofAggregateCashProceedsMadeandCapitalContributionsReceived
|
1349400000 | usd | |
kref |
Debt Instrument Covenant Cash Liquidity Amount
DebtInstrumentCovenantCashLiquidityAmount
|
10000000 | usd | |
kref |
Debt Instrument Covenant Cash Liquidity Percentof Recourse Indebtedness
DebtInstrumentCovenantCashLiquidityPercentofRecourseIndebtedness
|
0.050 | ||
kref |
Debt Instrument Covenant Total Indebtedness Percentof Total Assets
DebtInstrumentCovenantTotalIndebtednessPercentofTotalAssets
|
0.833 | ||
CY2022Q2 | kref |
Collateral Assets Under Collateralized Loan Obligations As A Percentage Of Commercial Mortgage Loans
CollateralAssetsUnderCollateralizedLoanObligationsAsAPercentageOfCommercialMortgageLoans
|
0.306 | |
CY2021Q4 | kref |
Collateral Assets Under Collateralized Loan Obligations As A Percentage Of Commercial Mortgage Loans
CollateralAssetsUnderCollateralizedLoanObligationsAsAPercentageOfCommercialMortgageLoans
|
0.196 | |
CY2021Q4 | kref |
Percentage Of Collateralized Loan Obligations Under Floating Rate Loans
PercentageOfCollateralizedLoanObligationsUnderFloatingRateLoans
|
1 | |
CY2022Q2 | kref |
Percentage Of Collateralized Loan Obligations Under Floating Rate Loans
PercentageOfCollateralizedLoanObligationsUnderFloatingRateLoans
|
1 | |
CY2022Q2 | us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
1044692 | shares |
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 |
CY2022Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
69654532 | shares |
CY2022Q2 | us-gaap |
Treasury Stock Common Shares
TreasuryStockCommonShares
|
4945018 | shares |
CY2022Q2 | us-gaap |
Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
|
17.28 | |
CY2022Q2 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
18100000 | usd |
CY2022Q2 | us-gaap |
Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
|
81900000 | usd |
CY2022Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.43 | |
CY2022Q1 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
29211000 | usd |
CY2022Q2 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.43 | |
CY2022Q2 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
29951000 | usd |
us-gaap |
Dividends Common Stock
DividendsCommonStock
|
59162000 | usd | |
CY2021Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.43 | |
CY2021Q1 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
23916000 | usd |
CY2021Q2 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.43 | |
CY2021Q2 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
23924000 | usd |
us-gaap |
Dividends Common Stock
DividendsCommonStock
|
47840000 | usd | |
kref |
Preferred Stock Redemption Adjustment And Dividends Income Statement Impact
PreferredStockRedemptionAdjustmentAndDividendsIncomeStatementImpact
|
2721000 | usd | |
CY2022Q2 | us-gaap |
Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
|
341000 | usd |
us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
|
P1Y | ||
us-gaap |
Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
|
6316174 | shares | |
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
25061000 | usd |
CY2021Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
31077000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
60529000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
61169000 | usd | |
CY2022Q2 | kref |
Preferred Stock Redemption Adjustment And Dividends Income Statement Impact
PreferredStockRedemptionAdjustmentAndDividendsIncomeStatementImpact
|
5326000 | usd |
CY2021Q2 | kref |
Preferred Stock Redemption Adjustment And Dividends Income Statement Impact
PreferredStockRedemptionAdjustmentAndDividendsIncomeStatementImpact
|
1813000 | usd |
kref |
Preferred Stock Redemption Adjustment And Dividends Income Statement Impact
PreferredStockRedemptionAdjustmentAndDividendsIncomeStatementImpact
|
10652000 | usd | |
CY2021Q2 | us-gaap |
Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
|
0 | usd |
us-gaap |
Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
|
687000 | usd | |
us-gaap |
Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
|
0 | usd | |
CY2022Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
19394000 | usd |
CY2021Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
29264000 | usd |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
49190000 | usd | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
58448000 | usd | |
CY2022Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
19394000 | usd |
CY2021Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
29264000 | usd |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
49190000 | usd | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
58448000 | usd | |
CY2022Q2 | us-gaap |
Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
|
0 | usd |
CY2021Q2 | us-gaap |
Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
|
0 | usd |
us-gaap |
Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
|
4402000 | usd | |
us-gaap |
Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
|
0 | usd | |
CY2022Q2 | us-gaap |
Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
|
0 | usd |
CY2021Q2 | us-gaap |
Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
|
0 | usd |
us-gaap |
Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
|
0 | usd | |
us-gaap |
Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
|
0 | usd | |
CY2022Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
19394000 | usd |
CY2021Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
29264000 | usd |
us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
53592000 | usd | |
us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
58448000 | usd | |
CY2022Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
68549049 | shares |
CY2021Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
55632322 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
65832841 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
55625911 | shares | |
CY2022Q2 | us-gaap |
Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
|
0 | shares |
CY2021Q2 | us-gaap |
Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
|
0 | shares |
us-gaap |
Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
|
6316174 | shares | |
us-gaap |
Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
|
0 | shares | |
CY2022Q2 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
0 | shares |
CY2021Q2 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
274764 | shares |
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
0 | shares | |
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
193199 | shares | |
CY2022Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
68549049 | shares |
CY2021Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
55907086 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
72149015 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
55819110 | shares | |
CY2022Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.28 | |
CY2021Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.53 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.75 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.05 | ||
CY2022Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.28 | |
CY2021Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.52 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.74 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.05 | ||
CY2022Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
199713 | shares |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
190637 | shares | |
CY2022Q2 | us-gaap |
Due To Affiliate Current And Noncurrent
DueToAffiliateCurrentAndNoncurrent
|
8297000 | usd |
CY2021Q4 | us-gaap |
Due To Affiliate Current And Noncurrent
DueToAffiliateCurrentAndNoncurrent
|
5952000 | usd |
CY2022Q2 | us-gaap |
Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
|
8287000 | usd |
CY2021Q2 | us-gaap |
Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
|
7685000 | usd |
us-gaap |
Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
|
15020000 | usd | |
us-gaap |
Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
|
14519000 | usd | |
CY2022Q2 | us-gaap |
Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
|
31500000 | usd |
CY2021Q4 | us-gaap |
Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
|
22200000 | usd |
CY2022Q2 | us-gaap |
Assets Fair Value Disclosure
AssetsFairValueDisclosure
|
7452409000 | usd |
us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
0 | usd | |
us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
200000 | usd | |
CY2022Q2 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
0 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
0 | usd |