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

$kref Overview Financials Valuation SEC Filings Company Website

2024 Q2 Form 10-Q Financial Statement

#000163159624000017 Filed on April 23, 2024

Income Statement

Concept	2024 Q2	2024 Q1
Revenue	$156.5M	$159.2M
YoY Change	-6.08%	1.33%
Cost Of Revenue	$108.8M	$112.5M
YoY Change	-5.93%	6.13%
Gross Profit	$47.65M	$46.76M
YoY Change	-6.42%	-8.61%
Gross Profit Margin	30.46%	29.36%
Selling, General & Admin	$11.17M	$11.33M
YoY Change	-5.99%	-12.99%
% of Gross Profit	23.44%	24.23%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses	$22.05M	$50.15M
YoY Change	-68.88%	-34.23%
Operating Profit	$25.60M	-$3.388M
YoY Change	-228.34%	-86.49%
Interest Expense	$108.8M	$112.5M
YoY Change	-5.93%	6.13%
% of Operating Profit	425.08%
Other Income/Expense, Net	$7.220M	$7.615M
YoY Change	3.56%	65.18%
Pretax Income	$25.60M	-$3.388M
YoY Change	-228.34%	-86.49%
Income Tax	$100.0K	$41.00K
% Of Pretax Income	0.39%
Net Earnings	$25.83M	-$8.739M
YoY Change	-200.23%	-65.15%
Net Earnings / Revenue	16.51%	-5.49%
Basic Earnings Per Share	$0.29	-$0.13
Diluted Earnings Per Share	$0.29	-$0.13
COMMON SHARES
Basic Shares Outstanding	69.31M shares	69.31M shares
Diluted Shares Outstanding	69.42M shares	69.39M shares

Balance Sheet

Concept	2024 Q2	2024 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$107.2M	$106.5M
YoY Change	-48.41%	-58.08%
Cash & Equivalents	$107.2M	$106.5M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables	$36.45M	$40.60M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$143.6M	$147.1M
YoY Change	-42.19%	-50.18%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$117.3M	$35.11M
YoY Change	230.46%	-1.71%
Other Assets	$67.66M	$115.9M
YoY Change	246.96%	589.78%
Total Long-Term Assets	$6.920B	$7.110B
YoY Change	-5.99%	-6.22%
TOTAL ASSETS
Total Short-Term Assets	$143.6M	$147.1M
Total Long-Term Assets	$6.920B	$7.110B
Total Assets	$7.064B	$7.257B
YoY Change	-7.17%	-7.86%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$13.63M	$14.11M
YoY Change	246.35%	280.23%
Accrued Expenses	$16.70M	$19.25M
YoY Change	-15.95%	-19.47%
Deferred Revenue
YoY Change
Short-Term Debt	$223.4M	$249.2M
YoY Change
Long-Term Debt Due	$179.1M	$110.9M
YoY Change
Total Short-Term Liabilities	$458.2M	$418.8M
YoY Change	640.97%	536.7%
LONG-TERM LIABILITIES
Long-Term Debt	$5.159B	$5.439B
YoY Change	-15.2%	-13.56%
Other Long-Term Liabilities	$7.320M	$18.49M
YoY Change	78.54%	340.17%
Total Long-Term Liabilities	$5.166B	$5.458B
YoY Change	-15.14%	-13.33%
TOTAL LIABILITIES
Total Short-Term Liabilities	$458.2M	$418.8M
Total Long-Term Liabilities	$5.166B	$5.458B
Total Liabilities	$5.625B	$5.876B
YoY Change	-8.54%	-7.66%
SHAREHOLDERS EQUITY
Retained Earnings	-$337.5M	-$340.4M
YoY Change	31.08%	68.51%
Common Stock	$693.0K	$693.0K
YoY Change	0.29%	0.29%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$1.386B	$1.381B
YoY Change
Total Liabilities & Shareholders Equity	$7.064B	$7.257B
YoY Change	-7.17%	-7.86%

Cashflow Statement

Concept	2024 Q2	2024 Q1
OPERATING ACTIVITIES
Net Income	$25.83M	-$8.739M
YoY Change	-200.23%	-65.15%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities	$30.64M	$34.49M
YoY Change	-13.62%	-17.17%
INVESTING ACTIVITIES
Capital Expenditures	$1.455M
YoY Change
Acquisitions
YoY Change
Other Investing Activities	$229.5M	$236.8M
YoY Change	33.04%	-309.37%
Cash From Investing Activities	$228.0M	$236.8M
YoY Change	32.2%	-309.37%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-264.8M	-300.8M
YoY Change	5.34%	-445.15%
NET CHANGE
Cash From Operating Activities	30.64M	34.49M
Cash From Investing Activities	228.0M	236.8M
Cash From Financing Activities	-264.8M	-300.8M
Net Change In Cash	-6.114M	-29.53M
YoY Change	-85.91%	-288.09%
FREE CASH FLOW
Cash From Operating Activities	$30.64M	$34.49M
Capital Expenditures	$1.455M
Free Cash Flow	$29.19M
YoY Change

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2024Q1	us-gaap	Interest And Fee Income Loans And Leases InterestAndFeeIncomeLoansAndLeases	151620000	usd
CY2023Q1	us-gaap	Interest And Fee Income Loans And Leases InterestAndFeeIncomeLoansAndLeases	152530000	usd
CY2024Q1	us-gaap	Operating Lease Income Comprehensive Income Extensible List OperatingLeaseIncomeComprehensiveIncomeExtensibleList	http://fasb.org/us-gaap/2023#ProfitLossFromRealEstateOperations
CY2023Q1	us-gaap	Operating Lease Income Comprehensive Income Extensible List OperatingLeaseIncomeComprehensiveIncomeExtensibleList	http://fasb.org/us-gaap/2023#ProfitLossFromRealEstateOperations
CY2024Q1	us-gaap	Real Estate Heldforsale RealEstateHeldforsale	99977000	usd
CY2023Q4	us-gaap	Real Estate Heldforsale RealEstateHeldforsale	101017000	usd
CY2024Q1	us-gaap	Real Estate Acquired Through Foreclosure RealEstateAcquiredThroughForeclosure	82669000	usd
CY2023Q4	us-gaap	Real Estate Acquired Through Foreclosure RealEstateAcquiredThroughForeclosure	82091000	usd
CY2024Q1	us-gaap	Interest Receivable InterestReceivable	40602000	usd
CY2023Q4	us-gaap	Interest Receivable InterestReceivable	41003000	usd
CY2024Q1	us-gaap	Equity Method Investments Fair Value Disclosure EquityMethodInvestmentsFairValueDisclosure	35108000	usd
CY2023Q4	us-gaap	Equity Method Investments Fair Value Disclosure EquityMethodInvestmentsFairValueDisclosure	35076000	usd
CY2024Q1	us-gaap	Other Assets OtherAssets	22200000	usd
CY2023Q4	us-gaap	Other Assets OtherAssets	19455000	usd
CY2024Q1	us-gaap	Assets Assets	7256695000	usd
CY2023Q4	us-gaap	Assets Assets	7547618000	usd
CY2024Q1	us-gaap	Line Of Credit LineOfCredit	3521796000	usd
CY2023Q4	us-gaap	Line Of Credit LineOfCredit	3782419000	usd
CY2024Q1	kref	Collateralized Loan Obligations Net CollateralizedLoanObligationsNet	1942569000	usd
CY2023Q4	kref	Collateralized Loan Obligations Net CollateralizedLoanObligationsNet	1942171000	usd
CY2024Q1	us-gaap	Secured Debt SecuredDebt	334977000	usd
CY2023Q4	us-gaap	Secured Debt SecuredDebt	335331000	usd
CY2024Q1	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	19247000	usd
CY2023Q4	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	20207000	usd
CY2024Q1	kref	Real Estate Owned Liabilities Held For Sale RealEstateOwnedLiabilitiesHeldForSale	16334000	usd
CY2023Q4	kref	Real Estate Owned Liabilities Held For Sale RealEstateOwnedLiabilitiesHeldForSale	15883000	usd
CY2024Q1	us-gaap	Liabilities Liabilities	5876605000	usd
CY2023Q4	us-gaap	Liabilities Liabilities	6143436000	usd
CY2024Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies	0	usd
CY2023Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies	0	usd
CY2023Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2024Q1	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2023Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	50000000	shares
CY2024Q1	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	50000000	shares
CY2023Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2024Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2023Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	300000000	shares
CY2024Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	300000000	shares
CY2024Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	75299556	shares
CY2023Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	75299556	shares
CY2023Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	69313860	shares
CY2024Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	69313860	shares
CY2024Q1	us-gaap	Common Stock Value CommonStockValue	693000	usd
CY2023Q4	us-gaap	Common Stock Value CommonStockValue	693000	usd
CY2024Q1	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	1817373000	usd
CY2023Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	1815077000	usd
CY2024Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-340437000	usd
CY2023Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-314370000	usd
CY2023Q4	us-gaap	Treasury Stock Common Shares TreasuryStockCommonShares	5985696	shares
CY2024Q1	us-gaap	Treasury Stock Common Shares TreasuryStockCommonShares	5985696	shares
CY2024Q1	us-gaap	Treasury Stock Common Value TreasuryStockCommonValue	96764000	usd
CY2023Q4	us-gaap	Treasury Stock Common Value TreasuryStockCommonValue	96764000	usd
CY2024Q1	us-gaap	Stockholders Equity StockholdersEquity	1380996000	usd
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	1404767000	usd
CY2024Q1	us-gaap	Minority Interest MinorityInterest	-906000	usd
CY2023Q4	us-gaap	Minority Interest MinorityInterest	-585000	usd
CY2024Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1380090000	usd
CY2023Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1404182000	usd
CY2024Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	7256695000	usd
CY2023Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	7547618000	usd
CY2024Q1	us-gaap	Interest Expense InterestExpense	112476000	usd
CY2023Q1	us-gaap	Interest Expense InterestExpense	105976000	usd
CY2024Q1	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	39144000	usd
CY2023Q1	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	46554000	usd
CY2024Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	845000	usd
CY2023Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	-347000	usd
CY2024Q1	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	1792000	usd
CY2023Q1	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	2711000	usd
CY2024Q1	us-gaap	Profit Loss From Real Estate Operations ProfitLossFromRealEstateOperations	4978000	usd
CY2023Q1	us-gaap	Profit Loss From Real Estate Operations ProfitLossFromRealEstateOperations	2246000	usd
CY2024Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	7615000	usd
CY2023Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	4610000	usd
CY2024Q1	kref	Credit Loss Expense Reversal CreditLossExpenseReversal	33266000	usd
CY2023Q1	kref	Credit Loss Expense Reversal CreditLossExpenseReversal	60467000	usd
CY2024Q1	kref	Management Fee To Affiliate ManagementFeeToAffiliate	6340000	usd
CY2023Q1	kref	Management Fee To Affiliate ManagementFeeToAffiliate	6523000	usd
CY2024Q1	us-gaap	Noninterest Expense Related To Performance Fees NoninterestExpenseRelatedToPerformanceFees	0	usd
CY2023Q1	us-gaap	Noninterest Expense Related To Performance Fees NoninterestExpenseRelatedToPerformanceFees	1811000	usd
CY2024Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	4992000	usd
CY2023Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	4690000	usd
CY2024Q1	kref	Property Operating Expense PropertyOperatingExpense	5549000	usd
CY2023Q1	kref	Property Operating Expense PropertyOperatingExpense	2758000	usd
CY2024Q1	us-gaap	Operating Costs And Expenses OperatingCostsAndExpenses	50147000	usd
CY2023Q1	us-gaap	Operating Costs And Expenses OperatingCostsAndExpenses	76249000	usd
CY2024Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-3388000	usd
CY2023Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-25085000	usd
CY2024Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	41000	usd
CY2023Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	169000	usd
CY2024Q1	us-gaap	Profit Loss ProfitLoss	-3429000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	-25254000	usd
CY2024Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-321000	usd
CY2023Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-177000	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	-3108000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	-25077000	usd
CY2024Q1	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	5326000	usd
CY2023Q1	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	5326000	usd
CY2024Q1	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Basic UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic	305000	usd
CY2023Q1	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Basic UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic	407000	usd
CY2024Q1	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-8739000	usd
CY2024Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-8739000	usd
CY2023Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-30810000	usd
CY2024Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.13
CY2024Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.13
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.45
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.45
CY2024Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	69386568	shares
CY2024Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	69386568	shares
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	69095011	shares
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	69095011	shares
CY2024Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.25
CY2023Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.43
CY2024Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.25
CY2024Q1	kref	Participating Security Dividends Per Share Declared ParticipatingSecurityDividendsPerShareDeclared	0.25
CY2023Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.43
CY2023Q1	kref	Participating Security Dividends Per Share Declared ParticipatingSecurityDividendsPerShareDeclared	0.43
CY2024Q1	us-gaap	Profit Loss ProfitLoss	-3429000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	-25254000	usd
CY2024Q1	kref	Accretion Of Deferred Loan Costs And Discounts AccretionOfDeferredLoanCostsAndDiscounts	4724000	usd
CY2023Q1	kref	Accretion Of Deferred Loan Costs And Discounts AccretionOfDeferredLoanCostsAndDiscounts	5888000	usd
CY2024Q1	kref	Payments For Interest Paid In Kind PaymentsForInterestPaidInKind	25000	usd
CY2023Q1	kref	Payments For Interest Paid In Kind PaymentsForInterestPaidInKind	0	usd
CY2024Q1	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	5029000	usd
CY2023Q1	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	6796000	usd
CY2024Q1	kref	Increase Decreasein Equity Method Investments IncreaseDecreaseinEquityMethodInvestments	32000	usd
CY2023Q1	kref	Increase Decreasein Equity Method Investments IncreaseDecreaseinEquityMethodInvestments	-1130000	usd
CY2024Q1	kref	Credit Loss Expense Reversal CreditLossExpenseReversal	33266000	usd
CY2023Q1	kref	Credit Loss Expense Reversal CreditLossExpenseReversal	60467000	usd
CY2024Q1	us-gaap	Share Based Compensation ShareBasedCompensation	2296000	usd
CY2023Q1	us-gaap	Share Based Compensation ShareBasedCompensation	2152000	usd
CY2024Q1	kref	Increase Decrease In Net Assets Related To Real Estate Owned Held For Sale IncreaseDecreaseInNetAssetsRelatedToRealEstateOwnedHeldForSale	3023000	usd
CY2023Q1	kref	Increase Decrease In Net Assets Related To Real Estate Owned Held For Sale IncreaseDecreaseInNetAssetsRelatedToRealEstateOwnedHeldForSale	0	usd
CY2024Q1	us-gaap	Increase Decrease In Accrued Interest Receivable Net IncreaseDecreaseInAccruedInterestReceivableNet	-401000	usd
CY2023Q1	us-gaap	Increase Decrease In Accrued Interest Receivable Net IncreaseDecreaseInAccruedInterestReceivableNet	1507000	usd
CY2024Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-499000	usd
CY2023Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-658000	usd
CY2024Q1	us-gaap	Increase Decrease In Interest Payable Net IncreaseDecreaseInInterestPayableNet	-960000	usd
CY2023Q1	us-gaap	Increase Decrease In Interest Payable Net IncreaseDecreaseInInterestPayableNet	3841000	usd
CY2024Q1	us-gaap	Increase Decrease In Due To Affiliates IncreaseDecreaseInDueToAffiliates	-183000	usd
CY2023Q1	us-gaap	Increase Decrease In Due To Affiliates IncreaseDecreaseInDueToAffiliates	-155000	usd
CY2024Q1	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	-673000	usd
CY2023Q1	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	-605000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	34488000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	41635000	usd
CY2024Q1	us-gaap	Proceeds From Principal Repayments On Loans And Leases Held For Investment ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment	334680000	usd
CY2023Q1	us-gaap	Proceeds From Principal Repayments On Loans And Leases Held For Investment ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment	89669000	usd
CY2024Q1	us-gaap	Payments To Acquire Loans Held For Investment PaymentsToAcquireLoansHeldForInvestment	95814000	usd
CY2023Q1	us-gaap	Payments To Acquire Loans Held For Investment PaymentsToAcquireLoansHeldForInvestment	201881000	usd
CY2024Q1	kref	Payments For Capital Expenditures Real Estate Owned PaymentsForCapitalExpendituresRealEstateOwned	2110000	usd
CY2023Q1	kref	Payments For Capital Expenditures Real Estate Owned PaymentsForCapitalExpendituresRealEstateOwned	868000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	236756000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-113080000	usd
CY2024Q1	us-gaap	Proceeds From Long Term Lines Of Credit ProceedsFromLongTermLinesOfCredit	118754000	usd
CY2023Q1	us-gaap	Proceeds From Long Term Lines Of Credit ProceedsFromLongTermLinesOfCredit	162436000	usd
CY2024Q1	us-gaap	Proceeds From Minority Shareholders ProceedsFromMinorityShareholders	0	usd
CY2023Q1	us-gaap	Proceeds From Minority Shareholders ProceedsFromMinorityShareholders	255000	usd
CY2024Q1	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	382144000	usd
CY2023Q1	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	39592000	usd
CY2024Q1	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	2249000	usd
CY2023Q1	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	919000	usd
CY2024Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	29805000	usd
CY2023Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	29711000	usd
CY2024Q1	us-gaap	Payments Of Dividends Preferred Stock And Preference Stock PaymentsOfDividendsPreferredStockAndPreferenceStock	5326000	usd
CY2023Q1	us-gaap	Payments Of Dividends Preferred Stock And Preference Stock PaymentsOfDividendsPreferredStockAndPreferenceStock	5326000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-300770000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	87143000	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-29526000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	15698000	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	148313000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	250621000	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	118787000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	266319000	usd
CY2024Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	106517000	usd
CY2023Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	254096000	usd
CY2024Q1	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	12270000	usd
CY2023Q1	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	12223000	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	118787000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	266319000	usd
CY2024Q1	us-gaap	Interest Paid Net InterestPaidNet	108407000	usd
CY2023Q1	us-gaap	Interest Paid Net InterestPaidNet	95339000	usd
CY2024Q1	us-gaap	Dividends Dividends	17328000	usd
CY2023Q1	us-gaap	Dividends Dividends	29711000	usd
CY2024Q1	us-gaap	Escrow Deposits Related To Property Sales EscrowDepositsRelatedToPropertySales	7325000	usd
CY2023Q1	us-gaap	Escrow Deposits Related To Property Sales EscrowDepositsRelatedToPropertySales	0	usd
CY2024Q1	kref	Loan Principal Payments Held By A Servicer LoanPrincipalPaymentsHeldByAServicer	3500000	usd
CY2023Q1	kref	Loan Principal Payments Held By A Servicer LoanPrincipalPaymentsHeldByAServicer	0	usd
CY2024Q1	kref	Deferred Financing Costs Incurred But Not Yet Paid DeferredFinancingCostsIncurredButNotYetPaid	2060000	usd
CY2023Q1	kref	Deferred Financing Costs Incurred But Not Yet Paid DeferredFinancingCostsIncurredButNotYetPaid	2331000	usd
CY2024Q1	kref	Loan Modification Accounted For New Loan LoanModificationAccountedForNewLoan	0	usd
CY2023Q1	kref	Loan Modification Accounted For New Loan LoanModificationAccountedForNewLoan	111000000	usd
CY2024Q1	kref	Debt Instrument Covenant Liquidity Required Cashand Cash Equivalents DebtInstrumentCovenantLiquidityRequiredCashandCashEquivalents	56500000	usd
CY2023Q4	kref	Debt Instrument Covenant Liquidity Required Cashand Cash Equivalents DebtInstrumentCovenantLiquidityRequiredCashandCashEquivalents	60200000	usd
CY2024Q1	us-gaap	Restricted Cash RestrictedCash	12300000	usd
CY2023Q4	us-gaap	Restricted Cash RestrictedCash	12400000	usd
CY2024Q1	us-gaap	Use Of Estimates UseOfEstimates	<div style="text-align:justify"><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></div>
CY2024Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.25
CY2023Q4	us-gaap	Notes Receivable Gross NotesReceivableGross	7343548000	usd
CY2023Q4	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	210470000	usd
CY2023Q4	us-gaap	Notes Receivable Net NotesReceivableNet	7133078000	usd
CY2024Q1	us-gaap	Mortgage Loans On Real Estate New Mortgage Loans MortgageLoansOnRealEstateNewMortgageLoans	103139000	usd
CY2024Q1	us-gaap	Mortgage Loans On Real Estate New Mortgage Loans MortgageLoansOnRealEstateNewMortgageLoans	103139000	usd
CY2024Q1	srt	Mortgage Loans On Real Estate Collections Of Principal MortgageLoansOnRealEstateCollectionsOfPrincipal	338180000	usd
CY2024Q1	srt	Mortgage Loans On Real Estate Collections Of Principal MortgageLoansOnRealEstateCollectionsOfPrincipal	338180000	usd
CY2024Q1	kref	Mortgage Loanson Real Estate Amortizationof Premium Discount Net MortgageLoansonRealEstateAmortizationofPremiumDiscountNet	-4724000	usd
CY2024Q1	kref	Mortgage Loanson Real Estate Amortizationof Premium Discount Net MortgageLoansonRealEstateAmortizationofPremiumDiscountNet	-4724000	usd
CY2024Q1	us-gaap	Paid In Kind Interest PaidInKindInterest	25000	usd
CY2024Q1	us-gaap	Paid In Kind Interest PaidInKindInterest	25000	usd
CY2024Q1	us-gaap	Provision For Loan Losses Expensed ProvisionForLoanLossesExpensed	33164000	usd
CY2024Q1	us-gaap	Provision For Loan Losses Expensed ProvisionForLoanLossesExpensed	33164000	usd
CY2024Q1	us-gaap	Notes Receivable Gross NotesReceivableGross	7113256000	usd
CY2024Q1	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	243634000	usd
CY2024Q1	us-gaap	Notes Receivable Net NotesReceivableNet	6869622000	usd
CY2024Q1	kref	Mortgage Loan On Real Estate Funding Held In Escrow MortgageLoanOnRealEstateFundingHeldInEscrow	7300000	usd
CY2024Q1	kref	Interest Collections On Loan Amortized Cost InterestCollectionsOnLoanAmortizedCost	2500000	usd
CY2024Q1	kref	Prepayment Fee Income PrepaymentFeeIncome	0	usd
CY2024Q1	kref	Net Accelerated Fee Income NetAcceleratedFeeIncome	0	usd
CY2023Q1	kref	Prepayment Fee Income PrepaymentFeeIncome	400000	usd
CY2023Q1	kref	Net Accelerated Fee Income NetAcceleratedFeeIncome	300000	usd
CY2024Q1	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	243634000	usd
CY2023Q4	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	210470000	usd
CY2023Q4	kref	Weighted Average Loan Risk Rating WeightedAverageLoanRiskRating	3.2
CY2024Q1	kref	Weighted Average Loan Risk Rating WeightedAverageLoanRiskRating	3.2
CY2024Q1	us-gaap	Financing Receivable Allowance For Credit Losses Write Offs FinancingReceivableAllowanceForCreditLossesWriteOffs	0	usd
CY2023Q4	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	210470000	usd
CY2023Q4	us-gaap	Off Balance Sheet Credit Loss Liability OffBalanceSheetCreditLossLiability	2052000	usd
CY2023Q4	kref	Allowance For Credit Loss AllowanceForCreditLoss	212522000	usd
CY2024Q1	us-gaap	Provision For Loan Losses Expensed ProvisionForLoanLossesExpensed	33164000	usd
CY2024Q1	us-gaap	Off Balance Sheet Credit Loss Liability Credit Loss Expense Reversal OffBalanceSheetCreditLossLiabilityCreditLossExpenseReversal	102000	usd
CY2024Q1	kref	Credit Loss Expense Reversal CreditLossExpenseReversal	33266000	usd
CY2024Q1	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	243634000	usd
CY2024Q1	us-gaap	Off Balance Sheet Credit Loss Liability OffBalanceSheetCreditLossLiability	2154000	usd
CY2024Q1	kref	Allowance For Credit Loss AllowanceForCreditLoss	245788000	usd
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	Provision For Loan Losses Expensed ProvisionForLoanLossesExpensed	60386000	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
CY2024Q1	kref	Allowance For Credit Loss AllowanceForCreditLoss	245800000	usd
CY2024Q1	kref	Credit Loss Expense Reversal CreditLossExpenseReversal	33300000	usd
CY2023Q1	kref	Allowance For Credit Loss AllowanceForCreditLoss	171600000	usd
CY2023Q1	kref	Credit Loss Expense Reversal CreditLossExpenseReversal	60500000	usd
CY2024Q1	us-gaap	Proceeds From Real Estate And Real Estate Joint Ventures ProceedsFromRealEstateAndRealEstateJointVentures	1300000	usd
CY2024Q1	us-gaap	Operating Lease Lease Income OperatingLeaseLeaseIncome	4370000	usd
CY2023Q1	us-gaap	Operating Lease Lease Income OperatingLeaseLeaseIncome	1670000	usd
CY2024Q1	kref	Other Real Estate Operations Income OtherRealEstateOperationsIncome	608000	usd
CY2023Q1	kref	Other Real Estate Operations Income OtherRealEstateOperationsIncome	576000	usd
CY2024Q1	kref	Property Operating Revenue PropertyOperatingRevenue	4978000	usd
CY2023Q1	kref	Property Operating Revenue PropertyOperatingRevenue	2246000	usd
CY2024Q1	kref	Property Operating Expense PropertyOperatingExpense	5549000	usd
CY2023Q1	kref	Property Operating Expense PropertyOperatingExpense	2758000	usd
CY2024Q1	us-gaap	Other Revenue Expense From Real Estate Operations OtherRevenueExpenseFromRealEstateOperations	13000	usd
CY2023Q1	us-gaap	Other Revenue Expense From Real Estate Operations OtherRevenueExpenseFromRealEstateOperations	288000	usd
CY2024Q1	kref	Income Loss From Real Estate Owned Operations IncomeLossFromRealEstateOwnedOperations	-558000	usd
CY2023Q1	kref	Income Loss From Real Estate Owned Operations IncomeLossFromRealEstateOwnedOperations	-224000	usd
CY2024Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	17000	usd
CY2023Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	17000	usd
CY2024Q1	us-gaap	Amortization Of Below Market Lease AmortizationOfBelowMarketLease	91000	usd
CY2023Q1	us-gaap	Amortization Of Below Market Lease AmortizationOfBelowMarketLease	91000	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear	50000	usd
CY2024Q1	us-gaap	Below Market Lease Amortization Income Remainder Of Fiscal Year BelowMarketLeaseAmortizationIncomeRemainderOfFiscalYear	274000	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths	67000	usd
CY2024Q1	us-gaap	Below Market Lease Amortization Income Next Twelve Months BelowMarketLeaseAmortizationIncomeNextTwelveMonths	365000	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	67000	usd
CY2024Q1	us-gaap	Below Market Lease Amortization Income Year Two BelowMarketLeaseAmortizationIncomeYearTwo	365000	usd
CY2024Q1	us-gaap	Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear	11105000	usd
CY2024Q1	us-gaap	Lessor Operating Lease Payments To Be Received Next Twelve Months LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths	10950000	usd
CY2024Q1	us-gaap	Lessor Operating Lease Payments To Be Received Two Years LessorOperatingLeasePaymentsToBeReceivedTwoYears	8968000	usd
CY2024Q1	us-gaap	Lessor Operating Lease Payments To Be Received Three Years LessorOperatingLeasePaymentsToBeReceivedThreeYears	7558000	usd
CY2024Q1	us-gaap	Lessor Operating Lease Payments To Be Received Four Years LessorOperatingLeasePaymentsToBeReceivedFourYears	5913000	usd
CY2024Q1	kref	Lessor Operating Lease Payment To Be Received After Year Four LessorOperatingLeasePaymentToBeReceivedAfterYearFour	19991000	usd
CY2024Q1	kref	Debt Instrument Average Haircut Weightedby Outstanding Face Amountof Collateral DebtInstrumentAverageHaircutWeightedbyOutstandingFaceAmountofCollateral	0.338
CY2023Q4	kref	Debt Instrument Average Haircut Weightedby Outstanding Face Amountof Collateral DebtInstrumentAverageHaircutWeightedbyOutstandingFaceAmountofCollateral	0.338
CY2024Q1	kref	Debt Instrument Average Haircut Weightedby Outstanding Face Amountof Collateral Percentageif Maximum Amountis Borrowed DebtInstrumentAverageHaircutWeightedbyOutstandingFaceAmountofCollateralPercentageifMaximumAmountisBorrowed	0.312
CY2023Q4	kref	Debt Instrument Average Haircut Weightedby Outstanding Face Amountof Collateral Percentageif Maximum Amountis Borrowed DebtInstrumentAverageHaircutWeightedbyOutstandingFaceAmountofCollateralPercentageifMaximumAmountisBorrowed	0.322
CY2024Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear	149794000	usd
CY2024Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Next Twelve Months LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths	175594000	usd
CY2024Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Two LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo	1737592000	usd
CY2024Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Three LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree	1347252000	usd
CY2024Q1	kref	Long Term Debt Maturity After Year Three LongTermDebtMaturityAfterYearThree	121319000	usd
CY2024Q1	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	3531551000	usd
CY2024Q1	kref	Debt Instrument Covenant Interest Incometo Interest Expense Ratio DebtInstrumentCovenantInterestIncometoInterestExpenseRatio	1.4
CY2024Q1	kref	Debt Instrument Covenant Consolidated Tangible Net Worth Minimum Percentage Of Aggregate Cash Proceeds Made And Capital Contributions Received DebtInstrumentCovenantConsolidatedTangibleNetWorthMinimumPercentageOfAggregateCashProceedsMadeAndCapitalContributionsReceived	0.750
CY2024Q1	kref	Debt Instrument Covenant Consolidated Tangible Net Worth Amountof Aggregate Cash Proceeds Madeand Capital Contributions Received DebtInstrumentCovenantConsolidatedTangibleNetWorthAmountofAggregateCashProceedsMadeandCapitalContributionsReceived	1307700000	usd
CY2024Q1	kref	Debt Instrument Covenant Cash Liquidity Amount DebtInstrumentCovenantCashLiquidityAmount	10000000	usd
CY2024Q1	kref	Debt Instrument Covenant Cash Liquidity Percentof Recourse Indebtedness DebtInstrumentCovenantCashLiquidityPercentofRecourseIndebtedness	0.050
CY2024Q1	kref	Debt Instrument Covenant Total Indebtedness Percentof Total Assets DebtInstrumentCovenantTotalIndebtednessPercentofTotalAssets	0.833
CY2024Q1	kref	Collateral Assets Under Collateralized Loan Obligations As A Percentage Of Commercial Mortgage Loans CollateralAssetsUnderCollateralizedLoanObligationsAsAPercentageOfCommercialMortgageLoans	0.320
CY2024Q1	kref	Percentage Of Collateralized Loan Obligations Under Floating Rate Loans PercentageOfCollateralizedLoanObligationsUnderFloatingRateLoans	1
CY2024Q1	us-gaap	Restricted Cash RestrictedCash	12270000	usd
CY2023Q4	us-gaap	Restricted Cash RestrictedCash	12415000	usd
CY2024Q1	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	3636000	usd
CY2023Q4	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	3747000	usd
CY2024Q1	kref	Loan Principal Payments Held By A Servicer Asset LoanPrincipalPaymentsHeldByAServicerAsset	3500000	usd
CY2023Q4	kref	Loan Principal Payments Held By A Servicer Asset LoanPrincipalPaymentsHeldByAServicerAsset	0	usd
CY2024Q1	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	2794000	usd
CY2023Q4	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	3293000	usd
CY2024Q1	us-gaap	Other Assets OtherAssets	22200000	usd
CY2023Q4	us-gaap	Other Assets OtherAssets	19455000	usd
CY2024Q1	kref	Real Estate Owned Held For Investment Liability RealEstateOwnedHeldForInvestmentLiability	4952000	usd
CY2023Q4	kref	Real Estate Owned Held For Investment Liability RealEstateOwnedHeldForInvestmentLiability	5363000	usd
CY2024Q1	kref	Unfunded Commitments Allowance For Credit Loss UnfundedCommitmentsAllowanceForCreditLoss	2153000	usd
CY2023Q4	kref	Unfunded Commitments Allowance For Credit Loss UnfundedCommitmentsAllowanceForCreditLoss	2052000	usd
CY2024Q1	kref	Loan Funding Held In Escrow Liability LoanFundingHeldInEscrowLiability	7325000	usd
CY2023Q4	kref	Loan Funding Held In Escrow Liability LoanFundingHeldInEscrowLiability	0	usd
CY2024Q1	us-gaap	Accrued Liabilities And Other Liabilities AccruedLiabilitiesAndOtherLiabilities	1837000	usd
CY2023Q4	us-gaap	Accrued Liabilities And Other Liabilities AccruedLiabilitiesAndOtherLiabilities	1935000	usd
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
CY2024Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	75299556	shares
CY2023Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	75299556	shares
CY2023Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	69313860	shares
CY2024Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	69313860	shares
CY2023Q4	us-gaap	Treasury Stock Common Shares TreasuryStockCommonShares	5985696	shares
CY2024Q1	us-gaap	Treasury Stock Common Shares TreasuryStockCommonShares	5985696	shares
CY2024Q1	us-gaap	Treasury Stock Shares Acquired TreasuryStockSharesAcquired	0	shares
CY2024Q1	us-gaap	Stock Repurchase Program Remaining Authorized Repurchase Amount1 StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1	100000000	usd
CY2024Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.25
CY2024Q1	us-gaap	Dividends Common Stock DividendsCommonStock	17328000	usd
CY2024Q1	us-gaap	Dividends Common Stock DividendsCommonStock	17328000	usd
CY2023Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.43
CY2023Q1	us-gaap	Dividends Common Stock DividendsCommonStock	29711000	usd
CY2023Q1	us-gaap	Dividends Common Stock DividendsCommonStock	29711000	usd
CY2024Q1	us-gaap	Dividends Preferred Stock DividendsPreferredStock	5326000	usd
CY2023Q1	us-gaap	Dividends Preferred Stock DividendsPreferredStock	5326000	usd
CY2024Q1	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1 EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1	P1Y1M6D
CY2024Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	39369	shares
CY2023Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	20426	shares
CY2023Q1	kref	Incremental Common Shares Potentially Attributable To Dilutive Effect Of Conversion Of Debt Securities IncrementalCommonSharesPotentiallyAttributableToDilutiveEffectOfConversionOfDebtSecurities	6316174	shares
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	-3108000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	-25077000	usd
CY2024Q1	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	5326000	usd
CY2023Q1	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	5326000	usd
CY2024Q1	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Basic UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic	305000	usd
CY2023Q1	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Basic UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic	407000	usd
CY2024Q1	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-8739000	usd
CY2024Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-8739000	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 Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-30810000	usd
CY2024Q1	kref	Weighted Average Number Of Shares Outstanding Excluding Vested But Undistributed Restricted Stock Units Basic WeightedAverageNumberOfSharesOutstandingExcludingVestedButUndistributedRestrictedStockUnitsBasic	69313860	shares
CY2023Q1	kref	Weighted Average Number Of Shares Outstanding Excluding Vested But Undistributed Restricted Stock Units Basic WeightedAverageNumberOfSharesOutstandingExcludingVestedButUndistributedRestrictedStockUnitsBasic	69095011	shares
CY2024Q1	kref	Incremental Common Shares Attributable To Deferred Stock Units IncrementalCommonSharesAttributableToDeferredStockUnits	72708	shares
CY2023Q1	kref	Incremental Common Shares Attributable To Deferred Stock Units IncrementalCommonSharesAttributableToDeferredStockUnits	0	shares
CY2024Q1	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	0	shares
CY2023Q1	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	0	shares
CY2024Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	69386568	shares
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	69095011	shares
CY2024Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.13
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.45
CY2024Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.13
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.45
CY2022Q1	kref	Number Of Times Interest Rates Increased NumberOfTimesInterestRatesIncreased	11	time
CY2024Q1	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	243600000	usd
CY2024Q1	us-gaap	Assets Fair Value Disclosure AssetsFairValueDisclosure	6851540000	usd
CY2024Q1	us-gaap	Current Income Tax Expense Benefit CurrentIncomeTaxExpenseBenefit	0	usd
CY2023Q1	us-gaap	Current Income Tax Expense Benefit CurrentIncomeTaxExpenseBenefit	200000	usd
CY2023Q4	us-gaap	Deferred Tax Assets Liabilities Net DeferredTaxAssetsLiabilitiesNet	0	usd
CY2024Q1	us-gaap	Deferred Tax Assets Liabilities Net DeferredTaxAssetsLiabilitiesNet	0	usd

Files In Submission

Name	View Source	Status
0001631596-24-000017-index-headers.html	Edgar Link	pending
0001631596-24-000017-index.html	Edgar Link	pending
0001631596-24-000017.txt	Edgar Link	pending
0001631596-24-000017-xbrl.zip	Edgar Link	pending
a202403-exhibit311.htm	Edgar Link	pending
a202403-exhibit312.htm	Edgar Link	pending
a202403-exhibit321.htm	Edgar Link	pending
a202403-exhibit322.htm	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
kref-20240331.htm	Edgar Link	pending
kref-20240331.xsd	Edgar Link	pending
kref-20240331_g1.jpg	Edgar Link	pending
kref-20240331_g2.jpg	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
kref-20240331_cal.xml	Edgar Link	unprocessable
kref-20240331_def.xml	Edgar Link	unprocessable
kref-20240331_pre.xml	Edgar Link	unprocessable
kref-20240331_htm.xml	Edgar Link	completed
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
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R78.htm	Edgar Link	pending
R79.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
kref-20240331_lab.xml	Edgar Link	unprocessable

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

2024 Q2 Form 10-Q Financial Statement

#000163159624000017 Filed on April 23, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

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

2024 Q2 Form 10-Q Financial Statement

#000163159624000017 Filed on April 23, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

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