$KREF
KKR Real Estate Finance Trust Inc. Stock $kref

$kref Overview Financials Valuation SEC Filings Company Website

2023 Q2 Form 10-Q Financial Statement

#000163159623000023 Filed on April 24, 2023

Income Statement

Concept	2023 Q2	2023 Q1	2022 Q1
Revenue	$166.6M	$157.1M	$79.66M
YoY Change	75.91%	97.26%	20.84%
Cost Of Revenue	$115.7M	$106.0M	$32.46M
YoY Change	158.59%	226.49%	18.55%
Gross Profit	$50.92M	$51.16M	$47.20M
YoY Change	1.9%	8.4%	22.47%
Gross Profit Margin	30.57%	32.56%	59.25%
Selling, General & Admin	$11.88M	$13.02M	$8.133M
YoY Change	39.01%	60.14%	-10.03%
% of Gross Profit	23.33%	25.46%	17.23%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses	$70.87M	$76.25M	$11.79M
YoY Change	183.71%	546.78%	40.35%
Operating Profit	-$19.95M	-$25.09M	$35.41M
YoY Change	-179.8%	-170.84%	17.49%
Interest Expense	$115.7M	$106.0M	$32.46M
YoY Change	158.59%	226.49%	18.54%
% of Operating Profit			91.66%
Other Income/Expense, Net	$6.972M	$4.610M	$6.430M
YoY Change	69.84%	-28.3%	456.23%
Pretax Income	-$19.95M	-$25.09M	$35.41M
YoY Change	-179.8%	-170.84%	17.49%
Income Tax	$177.0K	$169.0K	$0.00
% Of Pretax Income			0.0%
Net Earnings	-$25.77M	-$25.08M	$35.47M
YoY Change	-202.84%	-170.7%	17.87%
Net Earnings / Revenue	-15.47%	-15.96%	44.52%
Basic Earnings Per Share	-$0.37	-$0.45	$0.47
Diluted Earnings Per Share	-$0.37	-$0.45	$0.46
COMMON SHARES
Basic Shares Outstanding	69.10M shares	69.10M shares	63.09M shares
Diluted Shares Outstanding	69.12M shares	69.10M shares	69.40M shares

Balance Sheet

Concept	2023 Q2	2023 Q1	2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$207.7M	$254.1M	$173.2M
YoY Change	75.99%	46.73%	-17.26%
Cash & Equivalents	$207.7M	$254.1M	$173.2M
Short-Term Investments
Other Short-Term Assets	$1.200M	$700.0K	$700.0K
YoY Change	50.0%	0.0%	250.0%
Inventory
Prepaid Expenses
Receivables	$39.51M	$40.51M	$20.49M
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$248.4M	$295.3M	$194.4M
YoY Change	75.04%	51.93%	-14.0%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$35.49M	$35.72M	$36.60M
YoY Change	-3.52%	-2.39%	8.91%
Other Assets	$19.50M	$16.80M	$6.300M
YoY Change	47.73%	166.67%	173.91%
Total Long-Term Assets	$7.361B	$7.581B	$6.955B
YoY Change	-2.78%	8.99%	37.82%
TOTAL ASSETS
Total Short-Term Assets	$248.4M	$295.3M	$194.4M
Total Long-Term Assets	$7.361B	$7.581B	$6.955B
Total Assets	$7.609B	$7.876B	$7.150B
YoY Change	-1.35%	10.16%	35.6%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$3.935M	$3.712M	$3.126M
YoY Change	23.66%	18.75%	346.57%
Accrued Expenses	$19.87M	$23.90M	$12.03M
YoY Change	70.71%	98.69%	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	$61.84M	$65.78M	$53.23M
YoY Change	16.62%	23.57%	29.84%
LONG-TERM LIABILITIES
Long-Term Debt	$6.084B	$6.293B	$5.445B
YoY Change	1.71%	15.57%	30.31%
Other Long-Term Liabilities	$4.100M	$4.200M	$1.800M
YoY Change	46.43%	133.33%
Total Long-Term Liabilities	$6.088B	$6.297B	$5.447B
YoY Change	1.73%	15.61%	30.35%
TOTAL LIABILITIES
Total Short-Term Liabilities	$61.84M	$65.78M	$53.23M
Total Long-Term Liabilities	$6.088B	$6.297B	$5.447B
Total Liabilities	$6.149B	$6.363B	$5.500B
YoY Change	1.86%	15.69%	30.35%
SHAREHOLDERS EQUITY
Retained Earnings	-$257.5M	-$202.0M	-$37.62M
YoY Change	434.72%	437.07%	-37.75%
Common Stock	$691.0K	$691.0K	$679.0K
YoY Change	-0.86%	1.77%	22.12%
Preferred Stock
YoY Change
Treasury Stock (at cost)			$61.00M
YoY Change			0.0%
Treasury Stock Shares
Shareholders Equity	$1.460B	$1.513B	$1.650B
YoY Change
Total Liabilities & Shareholders Equity	$7.609B	$7.876B	$7.150B
YoY Change	-1.35%	10.16%	35.6%

Cashflow Statement

Concept	2023 Q2	2023 Q1	2022 Q1
OPERATING ACTIVITIES
Net Income	-$25.77M	-$25.08M	$35.47M
YoY Change	-202.84%	-170.7%	17.87%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities	$35.47M	$41.64M	$33.13M
YoY Change	0.62%	25.67%	9.46%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities	$172.5M	-$113.1M	-$530.5M
YoY Change	-128.11%	-78.68%	163.66%
Cash From Investing Activities	$172.5M	-$113.1M	-$530.5M
YoY Change	-128.11%	-78.68%	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	-251.3M	$87.14M	$398.5M
YoY Change	-147.5%	-78.13%	47.86%
NET CHANGE
Cash From Operating Activities	35.47M	$41.64M	$33.13M
Cash From Investing Activities	172.5M	-$113.1M	-$530.5M
Cash From Financing Activities	-251.3M	$87.14M	$398.5M
Net Change In Cash	-43.40M	$15.70M	-$98.88M
YoY Change	-11.82%	-115.88%	-200.37%
FREE CASH FLOW
Cash From Operating Activities	$35.47M	$41.64M	$33.13M
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2023Q1	dei	Entity Central Index Key EntityCentralIndexKey	0001631596
CY2023Q1	dei	Amendment Flag AmendmentFlag	false
CY2023Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2023Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2023
CY2023Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2023Q1	us-gaap	Operating Lease Income Comprehensive Income Extensible List OperatingLeaseIncomeComprehensiveIncomeExtensibleList	http://fasb.org/us-gaap/2022#ProfitLossFromRealEstateOperations
CY2023Q1	dei	Document Type DocumentType	10-Q
CY2023Q1	dei	Document Quarterly Report DocumentQuarterlyReport	true
CY2023Q1	dei	Document Period End Date DocumentPeriodEndDate	2023-03-31
CY2023Q1	dei	Document Transition Report DocumentTransitionReport	false
CY2023Q1	dei	Entity File Number EntityFileNumber	001-38082
CY2023Q1	dei	Entity Registrant Name EntityRegistrantName	KKR Real Estate Finance Trust Inc.
CY2023Q1	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	MD
CY2023Q1	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	47-2009094
CY2023Q1	dei	Entity Address Address Line1 EntityAddressAddressLine1	30 Hudson Yards,
CY2023Q1	dei	Entity Address Address Line2 EntityAddressAddressLine2	Suite 7500
CY2023Q1	dei	Entity Address City Or Town EntityAddressCityOrTown	New York,
CY2023Q1	dei	Entity Address State Or Province EntityAddressStateOrProvince	NY
CY2023Q1	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	10001
CY2023Q1	dei	City Area Code CityAreaCode	212
CY2023Q1	dei	Local Phone Number LocalPhoneNumber	750-8300
CY2023Q1	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2023Q1	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2023Q1	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
CY2023Q1	dei	Entity Small Business EntitySmallBusiness	false
CY2023Q1	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
CY2023Q1	dei	Entity Shell Company EntityShellCompany	false
CY2023Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	69095011	shares
CY2023Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	254096000	usd
CY2022Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	239791000	usd
CY2023Q1	us-gaap	Notes Receivable Gross NotesReceivableGross	7612238000	usd
CY2022Q4	us-gaap	Notes Receivable Gross NotesReceivableGross	7494138000	usd
CY2023Q1	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	167360000	usd
CY2022Q4	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	106974000	usd
CY2023Q1	us-gaap	Notes Receivable Net NotesReceivableNet	7444878000	usd
CY2022Q4	us-gaap	Notes Receivable Net NotesReceivableNet	7387164000	usd
CY2023Q1	us-gaap	Real Estate Acquired Through Foreclosure RealEstateAcquiredThroughForeclosure	81100000	usd
CY2022Q4	us-gaap	Real Estate Acquired Through Foreclosure RealEstateAcquiredThroughForeclosure	80231000	usd
CY2023Q1	us-gaap	Interest Receivable InterestReceivable	40512000	usd
CY2022Q4	us-gaap	Interest Receivable InterestReceivable	39005000	usd
CY2023Q1	us-gaap	Equity Method Investments Fair Value Disclosure EquityMethodInvestmentsFairValueDisclosure	35719000	usd
CY2022Q4	us-gaap	Equity Method Investments Fair Value Disclosure EquityMethodInvestmentsFairValueDisclosure	36849000	usd
CY2023Q1	us-gaap	Other Assets OtherAssets	19726000	usd
CY2022Q4	us-gaap	Other Assets OtherAssets	19281000	usd
CY2023Q1	us-gaap	Assets Assets	7876031000	usd
CY2022Q4	us-gaap	Assets Assets	7802321000	usd
CY2023Q1	us-gaap	Line Of Credit LineOfCredit	3875261000	usd
CY2022Q4	us-gaap	Line Of Credit LineOfCredit	3748691000	usd
CY2023Q1	kref	Collateralized Loan Obligations Net CollateralizedLoanObligationsNet	1937602000	usd
CY2022Q4	kref	Collateralized Loan Obligations Net CollateralizedLoanObligationsNet	1935592000	usd
CY2023Q1	us-gaap	Secured Debt SecuredDebt	336464000	usd
CY2022Q4	us-gaap	Secured Debt SecuredDebt	336828000	usd
CY2023Q1	us-gaap	Convertible Notes Payable ConvertibleNotesPayable	143579000	usd
CY2022Q4	us-gaap	Convertible Notes Payable ConvertibleNotesPayable	143237000	usd
CY2023Q1	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	29711000	usd
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CY2023Q1	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	21699000	usd
CY2022Q4	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	17859000	usd
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CY2023Q1	us-gaap	Due To Related Parties Current And Noncurrent DueToRelatedPartiesCurrentAndNoncurrent	8458000	usd
CY2022Q4	us-gaap	Due To Related Parties Current And Noncurrent DueToRelatedPartiesCurrentAndNoncurrent	8722000	usd
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CY2022Q4	us-gaap	Liabilities Liabilities	6230885000	usd
CY2023Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies	0	usd
CY2022Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies	0	usd
CY2022Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	50000000	shares
CY2023Q1	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	50000000	shares
CY2023Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
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CY2022Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	69095011	shares
CY2023Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	69095011	shares
CY2023Q1	us-gaap	Common Stock Value CommonStockValue	691000	usd
CY2022Q4	us-gaap	Common Stock Value CommonStockValue	691000	usd
CY2023Q1	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	1811135000	usd
CY2022Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	1808983000	usd
CY2023Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-202024000	usd
CY2022Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-141503000	usd
CY2022Q4	us-gaap	Treasury Stock Common Shares TreasuryStockCommonShares	5985696	shares
CY2023Q1	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	46554000	usd
CY2023Q1	us-gaap	Treasury Stock Common Shares TreasuryStockCommonShares	5985696	shares
CY2023Q1	us-gaap	Treasury Stock Common Value TreasuryStockCommonValue	96764000	usd
CY2022Q4	us-gaap	Treasury Stock Common Value TreasuryStockCommonValue	96764000	usd
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CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	1571538000	usd
CY2023Q1	us-gaap	Minority Interest MinorityInterest	-24000	usd
CY2022Q4	us-gaap	Minority Interest MinorityInterest	-102000	usd
CY2023Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1513145000	usd
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1571436000	usd
CY2023Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	7876031000	usd
CY2022Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	7802321000	usd
CY2023Q1	us-gaap	Interest And Fee Income Loans And Leases InterestAndFeeIncomeLoansAndLeases	152530000	usd
CY2022Q1	us-gaap	Interest And Fee Income Loans And Leases InterestAndFeeIncomeLoansAndLeases	73230000	usd
CY2023Q1	us-gaap	Interest Expense InterestExpense	105976000	usd
CY2022Q1	us-gaap	Interest Expense InterestExpense	32459000	usd
CY2022Q1	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	40771000	usd
CY2023Q1	us-gaap	Profit Loss From Real Estate Operations ProfitLossFromRealEstateOperations	2246000	usd
CY2022Q1	us-gaap	Profit Loss From Real Estate Operations ProfitLossFromRealEstateOperations	2629000	usd
CY2023Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	-347000	usd
CY2022Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	1886000	usd
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CY2022Q1	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	1915000	usd
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CY2022Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	6430000	usd
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CY2022Q1	kref	Credit Loss Expense Reversal CreditLossExpenseReversal	-1218000	usd
CY2023Q1	kref	Management Fees To Affiliate ManagementFeesToAffiliate	6523000	usd
CY2022Q1	kref	Management Fees To Affiliate ManagementFeesToAffiliate	6007000	usd
CY2023Q1	us-gaap	Noninterest Expense Related To Performance Fees NoninterestExpenseRelatedToPerformanceFees	1811000	usd
CY2022Q1	us-gaap	Noninterest Expense Related To Performance Fees NoninterestExpenseRelatedToPerformanceFees	0	usd
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CY2022Q1	kref	Property Operating Expense PropertyOperatingExpense	2554000	usd
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CY2022Q1	us-gaap	Profit Loss ProfitLoss	35412000	usd
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CY2022Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	63086452	shares
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CY2022Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	69402626	shares
CY2023Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.43
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CY2023Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.43
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CY2023Q1	kref	Accretion Of Deferred Loan Costs And Discounts AccretionOfDeferredLoanCostsAndDiscounts	5888000	usd
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CY2022Q1	kref	Payments For Interest Paid In Kind PaymentsForInterestPaidInKind	464000	usd
CY2023Q1	kref	Increase Decreasein Equity Method Investments IncreaseDecreaseinEquityMethodInvestments	-1130000	usd
CY2022Q1	kref	Increase Decreasein Equity Method Investments IncreaseDecreaseinEquityMethodInvestments	1058000	usd
CY2023Q1	kref	Credit Loss Expense Reversal CreditLossExpenseReversal	60467000	usd
CY2022Q1	kref	Credit Loss Expense Reversal CreditLossExpenseReversal	-1218000	usd
CY2023Q1	us-gaap	Share Based Compensation ShareBasedCompensation	2152000	usd
CY2022Q1	us-gaap	Share Based Compensation ShareBasedCompensation	2126000	usd
CY2023Q1	us-gaap	Increase Decrease In Accrued Interest Receivable Net IncreaseDecreaseInAccruedInterestReceivableNet	1507000	usd
CY2022Q1	us-gaap	Increase Decrease In Accrued Interest Receivable Net IncreaseDecreaseInAccruedInterestReceivableNet	3850000	usd
CY2023Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-658000	usd
CY2022Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-985000	usd
CY2023Q1	us-gaap	Increase Decrease In Interest Payable Net IncreaseDecreaseInInterestPayableNet	3841000	usd
CY2022Q1	us-gaap	Increase Decrease In Interest Payable Net IncreaseDecreaseInInterestPayableNet	2901000	usd
CY2023Q1	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	-605000	usd
CY2022Q1	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	-532000	usd
CY2023Q1	us-gaap	Increase Decrease In Due To Affiliates IncreaseDecreaseInDueToAffiliates	-155000	usd
CY2022Q1	us-gaap	Increase Decrease In Due To Affiliates IncreaseDecreaseInDueToAffiliates	67000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	41635000	usd
CY2022Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	33130000	usd
CY2023Q1	us-gaap	Proceeds From Principal Repayments On Loans And Leases Held For Investment ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment	89669000	usd
CY2022Q1	us-gaap	Proceeds From Principal Repayments On Loans And Leases Held For Investment ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment	282282000	usd
CY2023Q1	us-gaap	Payments To Acquire Loans Held For Investment PaymentsToAcquireLoansHeldForInvestment	201881000	usd
CY2022Q1	us-gaap	Payments To Acquire Loans Held For Investment PaymentsToAcquireLoansHeldForInvestment	812756000	usd
CY2023Q1	kref	Payments For Capital Expenditures Real Estate Owned PaymentsForCapitalExpendituresRealEstateOwned	868000	usd
CY2022Q1	kref	Payments For Capital Expenditures Real Estate Owned PaymentsForCapitalExpendituresRealEstateOwned	0	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-113080000	usd
CY2022Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-530474000	usd
CY2023Q1	us-gaap	Proceeds From Long Term Lines Of Credit ProceedsFromLongTermLinesOfCredit	162436000	usd
CY2022Q1	us-gaap	Proceeds From Long Term Lines Of Credit ProceedsFromLongTermLinesOfCredit	479329000	usd
CY2023Q1	kref	Proceeds From Issuance Of Collateralized Loan Obligation ProceedsFromIssuanceOfCollateralizedLoanObligation	0	usd
CY2022Q1	kref	Proceeds From Issuance Of Collateralized Loan Obligation ProceedsFromIssuanceOfCollateralizedLoanObligation	847500000	usd
CY2023Q1	us-gaap	Proceeds From Minority Shareholders ProceedsFromMinorityShareholders	255000	usd
CY2022Q1	us-gaap	Proceeds From Minority Shareholders ProceedsFromMinorityShareholders	0	usd
CY2023Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	0	usd
CY2022Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	135271000	usd
CY2023Q1	us-gaap	Proceeds From Issuance Of Preferred Stock And Preference Stock ProceedsFromIssuanceOfPreferredStockAndPreferenceStock	0	usd
CY2022Q1	us-gaap	Proceeds From Issuance Of Preferred Stock And Preference Stock ProceedsFromIssuanceOfPreferredStockAndPreferenceStock	151167000	usd
CY2023Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	29711000	usd
CY2022Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	26389000	usd
CY2023Q1	us-gaap	Payments Of Dividends Preferred Stock And Preference Stock PaymentsOfDividendsPreferredStockAndPreferenceStock	5326000	usd
CY2022Q1	us-gaap	Payments Of Dividends Preferred Stock And Preference Stock PaymentsOfDividendsPreferredStockAndPreferenceStock	5326000	usd
CY2023Q1	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	39592000	usd
CY2022Q1	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	1172268000	usd
CY2023Q1	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	919000	usd
CY2022Q1	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	9787000	usd
CY2023Q1	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	0	usd
CY2022Q1	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	1036000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	87143000	usd
CY2022Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	398461000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	15698000	usd
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-98883000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	250621000	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	273770000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	266319000	usd
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	174887000	usd
CY2023Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	254096000	usd
CY2022Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	173178000	usd
CY2023Q1	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	12223000	usd
CY2022Q1	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	1709000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	266319000	usd
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	174887000	usd
CY2023Q1	us-gaap	Interest Paid Net InterestPaidNet	95339000	usd
CY2022Q1	us-gaap	Interest Paid Net InterestPaidNet	24715000	usd
CY2023Q1	kref	Escrow Deposits Related To Financing Receivable EscrowDepositsRelatedToFinancingReceivable	0	usd
CY2022Q1	kref	Escrow Deposits Related To Financing Receivable EscrowDepositsRelatedToFinancingReceivable	80870000	usd
CY2023Q1	us-gaap	Income Taxes Paid IncomeTaxesPaid	0	usd
CY2022Q1	us-gaap	Income Taxes Paid IncomeTaxesPaid	0	usd
CY2023Q1	kref	Loan Modification Accounted For New Loan LoanModificationAccountedForNewLoan	111000000	usd
CY2022Q1	kref	Loan Modification Accounted For New Loan LoanModificationAccountedForNewLoan	0	usd
CY2023Q1	us-gaap	Dividends Dividends	29711000	usd
CY2022Q1	us-gaap	Dividends Dividends	29211000	usd
CY2023Q1	kref	Deferred Financing Costs Incurred But Not Yet Paid DeferredFinancingCostsIncurredButNotYetPaid	2331000	usd
CY2022Q1	kref	Deferred Financing Costs Incurred But Not Yet Paid DeferredFinancingCostsIncurredButNotYetPaid	3314000	usd
CY2023Q1	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. Actual results could materially differ from those estimates.</span>
CY2023Q1	kref	Debt Instrument Covenant Liquidity Required Cashand Cash Equivalents DebtInstrumentCovenantLiquidityRequiredCashandCashEquivalents	55600000	usd
CY2022Q4	kref	Debt Instrument Covenant Liquidity Required Cashand Cash Equivalents DebtInstrumentCovenantLiquidityRequiredCashandCashEquivalents	54400000	usd
CY2023Q1	us-gaap	Restricted Cash RestrictedCash	12200000	usd
CY2022Q4	us-gaap	Restricted Cash RestrictedCash	10800000	usd
CY2023Q1	us-gaap	Restricted Cash RestrictedCash	12200000	usd
CY2023Q1	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	700000	usd
CY2022Q4	us-gaap	Restricted Cash RestrictedCash	10800000	usd
CY2022Q4	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	1100000	usd
CY2023Q1	us-gaap	Off Balance Sheet Credit Loss Liability OffBalanceSheetCreditLossLiability	4200000	usd
CY2023Q1	kref	Real Estate Owned Liability RealEstateOwnedLiability	3500000	usd
CY2023Q1	us-gaap	Accrued Liabilities Current And Noncurrent AccruedLiabilitiesCurrentAndNoncurrent	2200000	usd
CY2022Q4	us-gaap	Off Balance Sheet Credit Loss Liability OffBalanceSheetCreditLossLiability	4100000	usd
CY2022Q4	kref	Real Estate Owned Liability RealEstateOwnedLiability	3700000	usd
CY2022Q4	us-gaap	Accrued Liabilities Current And Noncurrent AccruedLiabilitiesCurrentAndNoncurrent	2100000	usd
CY2022Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.43
CY2023Q1	us-gaap	Provision For Loan Losses Expensed ProvisionForLoanLossesExpensed	60386000	usd
CY2023Q1	kref	Incremental Common Shares Potentially Attributable To Dilutive Effect Of Conversion Of Debt Securities IncrementalCommonSharesPotentiallyAttributableToDilutiveEffectOfConversionOfDebtSecurities	6316174	shares
CY2023Q1	kref	Prepayment Fee Income PrepaymentFeeIncome	400000	usd
CY2022Q1	kref	Prepayment Fee Income PrepaymentFeeIncome	0	usd
CY2023Q1	kref	Net Accelerated Fees NetAcceleratedFees	300000	usd
CY2022Q1	kref	Net Accelerated Fees NetAcceleratedFees	800000	usd
CY2023Q1	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	167360000	usd
CY2022Q4	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	106974000	usd
CY2023Q1	kref	Weighted Average Loan Risk Rating WeightedAverageLoanRiskRating	3.2
CY2022Q4	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	106974000	usd
CY2022Q4	us-gaap	Off Balance Sheet Credit Loss Liability OffBalanceSheetCreditLossLiability	4138000	usd
CY2022Q4	kref	Allowance For Credit Loss AllowanceForCreditLoss	111112000	usd
CY2023Q1	us-gaap	Off Balance Sheet Credit Loss Liability Credit Loss Expense Reversal OffBalanceSheetCreditLossLiabilityCreditLossExpenseReversal	81000	usd
CY2023Q1	kref	Credit Loss Expense Reversal CreditLossExpenseReversal	60467000	usd
CY2023Q1	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	167360000	usd
CY2023Q1	us-gaap	Off Balance Sheet Credit Loss Liability OffBalanceSheetCreditLossLiability	4219000	usd
CY2023Q1	kref	Allowance For Credit Loss AllowanceForCreditLoss	171579000	usd
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
CY2022Q1	us-gaap	Provision For Loan Losses Expensed ProvisionForLoanLossesExpensed	-1568000	usd
CY2022Q1	us-gaap	Off Balance Sheet Credit Loss Liability Credit Loss Expense Reversal OffBalanceSheetCreditLossLiabilityCreditLossExpenseReversal	350000	usd
CY2022Q1	kref	Credit Loss Expense Reversal CreditLossExpenseReversal	-1218000	usd
CY2022Q1	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	20676000	usd
CY2022Q1	us-gaap	Off Balance Sheet Credit Loss Liability OffBalanceSheetCreditLossLiability	1845000	usd
CY2022Q1	kref	Allowance For Credit Loss AllowanceForCreditLoss	22521000	usd
CY2023Q1	kref	Allowance For Credit Loss AllowanceForCreditLoss	171600000	usd
CY2023Q1	us-gaap	Financing Receivable Allowance For Credit Losses Period Increase Decrease FinancingReceivableAllowanceForCreditLossesPeriodIncreaseDecrease	60500000	usd
CY2022Q1	kref	Credit Loss Expense Reversal CreditLossExpenseReversal	-1200000	usd
CY2021Q4	kref	Real Estate Owned Other Assets Assumed RealEstateOwnedOtherAssetsAssumed	2000000	usd
CY2023Q1	us-gaap	Real Estate Acquired Through Foreclosure RealEstateAcquiredThroughForeclosure	81100000	usd
CY2022Q4	us-gaap	Real Estate Acquired Through Foreclosure RealEstateAcquiredThroughForeclosure	80231000	usd
CY2023Q1	us-gaap	Operating Lease Lease Income OperatingLeaseLeaseIncome	1670000	usd
CY2022Q1	us-gaap	Operating Lease Lease Income OperatingLeaseLeaseIncome	2287000	usd
CY2023Q1	kref	Other Real Estate Operations Income OtherRealEstateOperationsIncome	576000	usd
CY2022Q1	kref	Other Real Estate Operations Income OtherRealEstateOperationsIncome	342000	usd
CY2023Q1	kref	Property Operating Revenue PropertyOperatingRevenue	2246000	usd
CY2022Q1	kref	Property Operating Revenue PropertyOperatingRevenue	2629000	usd
CY2023Q1	kref	Property Operating Expense PropertyOperatingExpense	2758000	usd
CY2022Q1	kref	Property Operating Expense PropertyOperatingExpense	2554000	usd
CY2023Q1	us-gaap	Other Revenue Expense From Real Estate Operations OtherRevenueExpenseFromRealEstateOperations	288000	usd
CY2022Q1	us-gaap	Other Revenue Expense From Real Estate Operations OtherRevenueExpenseFromRealEstateOperations	403000	usd
CY2023Q1	kref	Income Loss From Real Estate Owned Operations IncomeLossFromRealEstateOwnedOperations	-224000	usd
CY2022Q1	kref	Income Loss From Real Estate Owned Operations IncomeLossFromRealEstateOwnedOperations	478000	usd
CY2023Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	17000	usd
CY2022Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	17000	usd
CY2023Q1	us-gaap	Amortization Of Below Market Lease AmortizationOfBelowMarketLease	91000	usd
CY2022Q1	us-gaap	Amortization Of Below Market Lease AmortizationOfBelowMarketLease	91000	usd
CY2023Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear	50000	usd
CY2023Q1	us-gaap	Below Market Lease Amortization Income Remainder Of Fiscal Year BelowMarketLeaseAmortizationIncomeRemainderOfFiscalYear	274000	usd
CY2023Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths	67000	usd
CY2023Q1	us-gaap	Below Market Lease Amortization Income Next Twelve Months BelowMarketLeaseAmortizationIncomeNextTwelveMonths	365000	usd
CY2023Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	67000	usd
CY2023Q1	us-gaap	Below Market Lease Amortization Income Year Two BelowMarketLeaseAmortizationIncomeYearTwo	365000	usd
CY2023Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	67000	usd
CY2023Q1	us-gaap	Below Market Lease Amortization Income Year Three BelowMarketLeaseAmortizationIncomeYearThree	365000	usd
CY2023Q1	us-gaap	Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear	3362000	usd
CY2023Q1	us-gaap	Lessor Operating Lease Payments To Be Received Next Twelve Months LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths	1853000	usd
CY2023Q1	us-gaap	Lessor Operating Lease Payments To Be Received Two Years LessorOperatingLeasePaymentsToBeReceivedTwoYears	872000	usd
CY2023Q1	us-gaap	Lessor Operating Lease Payments To Be Received Three Years LessorOperatingLeasePaymentsToBeReceivedThreeYears	443000	usd
CY2023Q1	us-gaap	Lessor Operating Lease Payments To Be Received Four Years LessorOperatingLeasePaymentsToBeReceivedFourYears	22000	usd
CY2023Q1	kref	Lessor Operating Lease Payment To Be Received After Year Four LessorOperatingLeasePaymentToBeReceivedAfterYearFour	0	usd
CY2023Q1	kref	Debt Instrument Average Haircut Weightedby Outstanding Face Amountof Collateral DebtInstrumentAverageHaircutWeightedbyOutstandingFaceAmountofCollateral	0.311
CY2022Q4	kref	Debt Instrument Average Haircut Weightedby Outstanding Face Amountof Collateral DebtInstrumentAverageHaircutWeightedbyOutstandingFaceAmountofCollateral	0.315
CY2023Q1	kref	Debt Instrument Average Haircut Weightedby Outstanding Face Amountof Collateral Percentageif Maximum Amountis Borrowed DebtInstrumentAverageHaircutWeightedbyOutstandingFaceAmountofCollateralPercentageifMaximumAmountisBorrowed	0.301
CY2022Q4	kref	Debt Instrument Average Haircut Weightedby Outstanding Face Amountof Collateral Percentageif Maximum Amountis Borrowed DebtInstrumentAverageHaircutWeightedbyOutstandingFaceAmountofCollateralPercentageifMaximumAmountisBorrowed	0.256
CY2023Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Next Twelve Months LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths	585818000	usd
CY2023Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Two LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo	1479516000	usd
CY2023Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Three LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree	1237952000	usd
CY2023Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Four LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour	542632000	usd
CY2023Q1	kref	Long Term Debt Maturity After Year Four LongTermDebtMaturityAfterYearFour	48501000	usd
CY2023Q1	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	3894419000	usd
CY2023Q1	kref	Debt Instrument Covenant Interest Incometo Interest Expense Ratio DebtInstrumentCovenantInterestIncometoInterestExpenseRatio	1.5
CY2023Q1	kref	Debt Instrument Covenant Consolidated Tangible Net Worth Minimum Percentageof Aggregate Cash Proceeds Madeand Capital Contributions Received DebtInstrumentCovenantConsolidatedTangibleNetWorthMinimumPercentageofAggregateCashProceedsMadeandCapitalContributionsReceived	0.750
CY2023Q1	kref	Debt Instrument Covenant Consolidated Tangible Net Worth Amountof Aggregate Cash Proceeds Madeand Capital Contributions Received DebtInstrumentCovenantConsolidatedTangibleNetWorthAmountofAggregateCashProceedsMadeandCapitalContributionsReceived	1353400000	usd
CY2023Q1	kref	Debt Instrument Covenant Cash Liquidity Amount DebtInstrumentCovenantCashLiquidityAmount	10000000	usd
CY2023Q1	kref	Debt Instrument Covenant Cash Liquidity Percentof Recourse Indebtedness DebtInstrumentCovenantCashLiquidityPercentofRecourseIndebtedness	0.050
CY2023Q1	kref	Debt Instrument Covenant Total Indebtedness Percentof Total Assets DebtInstrumentCovenantTotalIndebtednessPercentofTotalAssets	0.833
CY2023Q1	kref	Collateral Assets Under Collateralized Loan Obligations As A Percentage Of Commercial Mortgage Loans CollateralAssetsUnderCollateralizedLoanObligationsAsAPercentageOfCommercialMortgageLoans	0.289
CY2022Q4	kref	Collateral Assets Under Collateralized Loan Obligations As A Percentage Of Commercial Mortgage Loans CollateralAssetsUnderCollateralizedLoanObligationsAsAPercentageOfCommercialMortgageLoans	0.284
CY2023Q1	kref	Percentage Of Collateralized Loan Obligations Under Floating Rate Loans PercentageOfCollateralizedLoanObligationsUnderFloatingRateLoans	1
CY2022Q4	kref	Percentage Of Collateralized Loan Obligations Under Floating Rate Loans PercentageOfCollateralizedLoanObligationsUnderFloatingRateLoans	1
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
CY2022Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	75080707	shares
CY2023Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	75080707	shares
CY2022Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	69095011	shares
CY2023Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	69095011	shares
CY2022Q4	us-gaap	Treasury Stock Common Shares TreasuryStockCommonShares	5985696	shares
CY2023Q1	us-gaap	Treasury Stock Common Shares TreasuryStockCommonShares	5985696	shares
CY2023Q1	us-gaap	Treasury Stock Shares Acquired TreasuryStockSharesAcquired	0	shares
CY2023Q1	us-gaap	Stock Repurchase Program Remaining Authorized Repurchase Amount1 StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1	100000000	usd
CY2023Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.43
CY2023Q1	us-gaap	Dividends Common Stock DividendsCommonStock	29711000	usd
CY2022Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.43
CY2022Q1	us-gaap	Dividends Common Stock DividendsCommonStock	29211000	usd
CY2022Q1	us-gaap	Dividends Common Stock DividendsCommonStock	29211000	usd
CY2023Q1	us-gaap	Dividends Preferred Stock DividendsPreferredStock	5326000	usd
CY2022Q1	us-gaap	Dividends Preferred Stock DividendsPreferredStock	5326000	usd
CY2022Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	29796000	usd
CY2023Q1	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1 EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1	P1Y1M6D
CY2023Q1	kref	Incremental Common Shares Potentially Attributable To Dilutive Effect Of Conversion Of Debt Securities IncrementalCommonSharesPotentiallyAttributableToDilutiveEffectOfConversionOfDebtSecurities	6316174	shares
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	-25077000	usd
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	35468000	usd
CY2023Q1	kref	Preferred Stock Redemption Adjustment And Dividends Income Statement Impact PreferredStockRedemptionAdjustmentAndDividendsIncomeStatementImpact	5326000	usd
CY2022Q1	kref	Preferred Stock Redemption Adjustment And Dividends Income Statement Impact PreferredStockRedemptionAdjustmentAndDividendsIncomeStatementImpact	5326000	usd
CY2023Q1	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Basic UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic	407000	usd
CY2022Q1	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Basic UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic	346000	usd
CY2023Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-30810000	usd
CY2023Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-30810000	usd
CY2022Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	29796000	usd
CY2023Q1	us-gaap	Interest On Convertible Debt Net Of Tax InterestOnConvertibleDebtNetOfTax	0	usd
CY2022Q1	us-gaap	Interest On Convertible Debt Net Of Tax InterestOnConvertibleDebtNetOfTax	2201000	usd
CY2023Q1	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Diluted UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted	0	usd
CY2022Q1	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Diluted UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted	25000	usd
CY2023Q1	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-30810000	usd
CY2022Q1	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	31972000	usd
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	69095011	shares
CY2022Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	63086452	shares
CY2023Q1	us-gaap	Incremental Common Shares Attributable To Conversion Of Debt Securities IncrementalCommonSharesAttributableToConversionOfDebtSecurities	0	shares
CY2022Q1	us-gaap	Incremental Common Shares Attributable To Conversion Of Debt Securities IncrementalCommonSharesAttributableToConversionOfDebtSecurities	6316174	shares
CY2023Q1	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	0	shares
CY2022Q1	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	0	shares
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	69095011	shares
CY2022Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	69402626	shares
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.45
CY2022Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.47
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.45
CY2022Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.46
CY2023Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	20426	shares
CY2022Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	181560	shares
CY2023Q1	us-gaap	Due To Affiliate Current And Noncurrent DueToAffiliateCurrentAndNoncurrent	8458000	usd
CY2022Q4	us-gaap	Due To Affiliate Current And Noncurrent DueToAffiliateCurrentAndNoncurrent	8722000	usd
CY2023Q1	us-gaap	Related Party Transaction Expenses From Transactions With Related Party RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty	9487000	usd
CY2022Q1	us-gaap	Related Party Transaction Expenses From Transactions With Related Party RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty	6733000	usd
CY2023Q1	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	167400000	usd
CY2022Q4	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	107000000	usd
CY2023Q1	us-gaap	Assets Fair Value Disclosure AssetsFairValueDisclosure	7464320000	usd
CY2023Q1	us-gaap	Current Income Tax Expense Benefit CurrentIncomeTaxExpenseBenefit	200000	usd
CY2022Q1	us-gaap	Current Income Tax Expense Benefit CurrentIncomeTaxExpenseBenefit	0	usd
CY2022Q4	us-gaap	Deferred Tax Assets Liabilities Net DeferredTaxAssetsLiabilitiesNet	0	usd
CY2023Q1	us-gaap	Deferred Tax Assets Liabilities Net DeferredTaxAssetsLiabilitiesNet	0	usd

Files In Submission

Name	View Source	Status
0001631596-23-000023-index-headers.html	Edgar Link	pending
0001631596-23-000023-index.html	Edgar Link	pending
0001631596-23-000023.txt	Edgar Link	pending
0001631596-23-000023-xbrl.zip	Edgar Link	pending
a202303-exhibit101.htm	Edgar Link	pending
a202303-exhibit311.htm	Edgar Link	pending
a202303-exhibit312.htm	Edgar Link	pending
a202303-exhibit321.htm	Edgar Link	pending
a202303-exhibit322.htm	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
kref-20230331.htm	Edgar Link	pending
kref-20230331.xsd	Edgar Link	pending
kref-20230331_g1.jpg	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
kref-20230331_cal.xml	Edgar Link	unprocessable
kref-20230331_def.xml	Edgar Link	unprocessable
kref-20230331_g2.jpg	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
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kref-20230331_htm.xml	Edgar Link	completed
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report.css	Edgar Link	pending
Show.js	Edgar Link	pending
kref-20230331_lab.xml	Edgar Link	unprocessable
kref-20230331_pre.xml	Edgar Link	unprocessable

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$KREF
KKR Real Estate Finance Trust Inc. Stock $kref

2023 Q2 Form 10-Q Financial Statement

#000163159623000023 Filed on April 24, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$KREF KKR Real Estate Finance Trust Inc. Stock $kref

2023 Q2 Form 10-Q Financial Statement

#000163159623000023 Filed on April 24, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$KREF
KKR Real Estate Finance Trust Inc. Stock $kref