$LFT
Lument Finance Trust, Inc. Stock $lft

$lft Overview Financials Valuation SEC Filings Company Website

2023 Q1 Form 10-K Financial Statement

#000162828023009060 Filed on March 23, 2023

Income Statement

Concept	2023 Q1	2022 Q4	2022
Revenue	$22.21M	$19.28M	$56.69M
YoY Change	121.75%	75.23%	56.63%
Cost Of Revenue	$13.96M	$12.40M	$32.81M
YoY Change	183.34%	156.61%	111.51%
Gross Profit	$8.246M	$6.888M	$23.87M
YoY Change	62.11%	11.57%	15.46%
Gross Profit Margin	37.14%	35.72%	42.12%
Selling, General & Admin	$2.607M	$2.474M	$10.02M
YoY Change	17.51%	7.56%	22.83%
% of Gross Profit	31.62%	35.91%	41.98%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses	$2.492M	$4.931M	$14.59M
YoY Change	8.59%	104.93%	72.87%
Operating Profit	$5.754M	$1.957M	$9.283M
YoY Change	106.1%	-48.07%	-24.14%
Interest Expense	-$49.13K	-$22.25K	$243.7K
YoY Change	-132.75%	-62.92%	-168.3%
% of Operating Profit	-0.85%	-1.14%	2.62%
Other Income/Expense, Net
YoY Change
Pretax Income	$5.756M	$2.096M	$9.875M
YoY Change	91.47%	-44.44%	-6.89%
Income Tax	-$10.25K	$31.73K	$11.09K
% Of Pretax Income	-0.18%	1.51%	0.11%
Net Earnings	$5.767M	$879.8K	$9.864M
YoY Change	95.16%	-75.99%	-6.3%
Net Earnings / Revenue	25.97%	4.56%	17.4%
Basic Earnings Per Share	$0.09		$0.11
Diluted Earnings Per Share	$0.09	$0.02	$0.11
COMMON SHARES
Basic Shares Outstanding	52.23M shares	52.23M shares	48.34M shares
Diluted Shares Outstanding	52.23M shares		48.34M shares

Balance Sheet

Concept	2023 Q1	2022 Q4	2022
SHORT-TERM ASSETS
Cash & Short-Term Investments	$98.57M	$43.86M	$43.86M
YoY Change	115.01%	197.37%	197.37%
Cash & Equivalents	$98.57M	$43.86M	$43.86M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets	$105.0M	$49.66M	$49.66M
YoY Change	116.21%	20.74%	20.74%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$1.946M	$3.508M	$3.508M
YoY Change	44.96%	-0.63%	-0.63%
Total Long-Term Assets	$1.021B	$1.078B	$1.078B
YoY Change	-5.54%	7.0%	7.0%
TOTAL ASSETS
Total Short-Term Assets	$105.0M	$49.66M	$49.66M
Total Long-Term Assets	$1.021B	$1.078B	$1.078B
Total Assets	$1.126B	$1.128B	$1.128B
YoY Change	-0.3%	7.54%	7.54%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$365.9K	$584.0K	$584.0K
YoY Change	17.29%	295.12%	295.12%
Accrued Expenses	$2.505M	$2.361M	$2.361M
YoY Change	206.58%	235.31%	235.31%
Deferred Revenue
YoY Change
Short-Term Debt	$829.9M	$829.3M	$829.3M
YoY Change	0.31%	0.31%	0.31%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$838.5M	$838.0M	$838.0M
YoY Change	0.55%	0.64%	0.64%
LONG-TERM LIABILITIES
Long-Term Debt	$47.03M	$46.97M	$46.97M
YoY Change	0.53%	0.27%	0.27%
Other Long-Term Liabilities	$365.9K	$584.0K	$584.0K
YoY Change	21.98%	483.99%	295.12%
Total Long-Term Liabilities	$47.03M	$46.97M	$46.97M
YoY Change	0.53%	0.27%	0.27%
TOTAL LIABILITIES
Total Short-Term Liabilities	$838.5M	$838.0M	$838.0M
Total Long-Term Liabilities	$47.03M	$46.97M	$46.97M
Total Liabilities	$885.6M	$885.0M	$885.1M
YoY Change	0.54%	0.62%	0.62%
SHAREHOLDERS EQUITY
Retained Earnings	$33.43M	$31.25M
YoY Change	37.32%	46.12%
Common Stock	$522.3K	$522.3K
YoY Change	0.01%	109.37%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$240.7M	$242.9M	$242.9M
YoY Change
Total Liabilities & Shareholders Equity	$1.126B	$1.128B	$1.128B
YoY Change	-0.3%	7.54%	7.54%

Cashflow Statement

Concept	2023 Q1	2022 Q4	2022
OPERATING ACTIVITIES
Net Income	$5.767M	$879.8K	$9.864M
YoY Change	95.16%	-75.99%	-6.3%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities	$5.842M	$4.552M	$16.29M
YoY Change	28.23%	136.88%	17.64%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities	$51.63M	-$29.57M	-$51.83M
YoY Change	-196.98%	-82.84%	-89.14%
Cash From Investing Activities	$51.63M	-$29.57M	-$51.83M
YoY Change	-196.98%	-82.84%	-89.14%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net			$81.14M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-$4.315M	-4.323M	$64.63M
YoY Change	-105.56%	25.18%	-84.33%
NET CHANGE
Cash From Operating Activities	$5.842M	4.552M	$16.29M
Cash From Investing Activities	$51.63M	-29.57M	-$51.83M
Cash From Financing Activities	-$4.315M	-4.323M	$64.63M
Net Change In Cash	$53.15M	-29.34M	$29.09M
YoY Change	83.85%	-83.12%	-156.93%
FREE CASH FLOW
Cash From Operating Activities	$5.842M	$4.552M	$16.29M
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2022	dei	Amendment Flag AmendmentFlag	false
CY2022	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2022
CY2022	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	FY
CY2022	dei	Entity Central Index Key EntityCentralIndexKey	0001547546
CY2022	dei	Entity Shell Company EntityShellCompany	false
CY2022Q2	dei	Entity Public Float EntityPublicFloat	65200000	usd
CY2023Q1	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	52231152	shares
CY2022	dei	Auditor Name AuditorName	KPMG LLP
CY2022	dei	Auditor Location AuditorLocation	New York, NY
CY2022	dei	Auditor Firm AuditorFirmId	185
CY2022Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	43858515	usd
CY2022Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	3507850	usd
CY2022Q4	us-gaap	Notes Receivable Gross NotesReceivableGross	1076148186	usd
CY2021Q4	us-gaap	Notes Receivable Gross NotesReceivableGross	1001825294	usd
CY2022Q4	us-gaap	Allowance For Loan And Lease Losses Real Estate AllowanceForLoanAndLeaseLossesRealEstate	4258668	usd
CY2021Q4	us-gaap	Allowance For Loan And Lease Losses Real Estate AllowanceForLoanAndLeaseLossesRealEstate	0	usd
CY2022Q4	us-gaap	Notes Receivable Net NotesReceivableNet	1071889518	usd
CY2021Q4	us-gaap	Notes Receivable Net NotesReceivableNet	1001825294	usd
CY2022Q4	hcft	Mortgage Service Rights At Fair Value MortgageServiceRightsAtFairValue	795656	usd
CY2022Q4	us-gaap	Interest Receivable InterestReceivable	5797991	usd
CY2022Q4	hcft	Paydown Receivable PaydownReceivable	0	usd
CY2021Q4	hcft	Paydown Receivable PaydownReceivable	22400000	usd
CY2021Q4	us-gaap	Other Assets OtherAssets	1889258	usd
CY2021Q4	us-gaap	Assets Assets	1048923353	usd
CY2022Q4	hcft	Collateralized Loan Obligations CollateralizedLoanObligations	829310498	usd
CY2021Q4	hcft	Collateralized Loan Obligations CollateralizedLoanObligations	826782543	usd
CY2021Q4	us-gaap	Secured Long Term Debt SecuredLongTermDebt	46845502	usd
CY2022Q4	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	2360809	usd
CY2021Q4	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	704055	usd
CY2022Q4	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	4131369	usd
CY2021Q4	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	3242809	usd
CY2022Q4	us-gaap	Due To Related Parties Current And Noncurrent DueToRelatedPartiesCurrentAndNoncurrent	1606333	usd
CY2021Q4	us-gaap	Due To Related Parties Current And Noncurrent DueToRelatedPartiesCurrentAndNoncurrent	1825142	usd
CY2022Q4	us-gaap	Other Liabilities OtherLiabilities	583989	usd
CY2021Q4	us-gaap	Other Liabilities OtherLiabilities	147802	usd
CY2022Q4	us-gaap	Liabilities Liabilities	884964040	usd
CY2021Q4	us-gaap	Liabilities Liabilities	879547853	usd
CY2022Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2021Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2022Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2021Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2022Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	50000000	shares
CY2021Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	50000000	shares
CY2021	us-gaap	Preferred Stock Dividend Rate Percentage PreferredStockDividendRatePercentage	0.07875
CY2022	us-gaap	Preferred Stock Dividend Rate Percentage PreferredStockDividendRatePercentage	0.07875
CY2022Q4	us-gaap	Preferred Stock Liquidation Preference Value PreferredStockLiquidationPreferenceValue	60000000	usd
CY2021Q4	us-gaap	Preferred Stock Liquidation Preference Value PreferredStockLiquidationPreferenceValue	60000000	usd
CY2022Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	2400000	shares
CY2022Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	2400000	shares
CY2021Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	2400000	shares
CY2022Q4	us-gaap	Preferred Stock Value PreferredStockValue	57254935	usd
CY2021Q4	us-gaap	Preferred Stock Value PreferredStockValue	57254935	usd
CY2022Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2021Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2022Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	450000000	shares
CY2021Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	450000000	shares
CY2021Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	24947883	shares
CY2021Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	24947883	shares
CY2022Q4	us-gaap	Common Stock Value CommonStockValue	522252	usd
CY2021Q4	us-gaap	Common Stock Value CommonStockValue	249434	usd
CY2022Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	314598384	usd
CY2021Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	233833749	usd
CY2022Q4	us-gaap	Accumulated Distributions In Excess Of Net Income AccumulatedDistributionsInExcessOfNetIncome	160724426	usd
CY2021Q4	us-gaap	Accumulated Distributions In Excess Of Net Income AccumulatedDistributionsInExcessOfNetIncome	143449310	usd
CY2022Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	31250852	usd
CY2021Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	21387192	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	242901997	usd
CY2021Q4	us-gaap	Stockholders Equity StockholdersEquity	169276000	usd
CY2022Q4	us-gaap	Minority Interest MinorityInterest	99500	usd
CY2021Q4	us-gaap	Minority Interest MinorityInterest	99500	usd
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	243001497	usd
CY2021Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	169375500	usd
CY2022Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1127965537	usd
CY2021Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1048923353	usd
CY2022	us-gaap	Interest And Fee Income Loans Commercial Real Estate InterestAndFeeIncomeLoansCommercialRealEstate	56610324	usd
CY2021	us-gaap	Interest And Fee Income Loans Commercial Real Estate InterestAndFeeIncomeLoansCommercialRealEstate	36162050	usd
CY2022	us-gaap	Interest Income And Fees Bankers Acceptances Certificates Of Deposit And Commercial Paper InterestIncomeAndFeesBankersAcceptancesCertificatesOfDepositAndCommercialPaper	74676	usd
CY2021	us-gaap	Interest Income And Fees Bankers Acceptances Certificates Of Deposit And Commercial Paper InterestIncomeAndFeesBankersAcceptancesCertificatesOfDepositAndCommercialPaper	28779	usd
CY2022	hcft	Interest Expense Collateralized Loan Obligations InterestExpenseCollateralizedLoanObligations	29055324	usd
CY2021	hcft	Interest Expense Collateralized Loan Obligations InterestExpenseCollateralizedLoanObligations	12178545	usd
CY2022	hcft	Oaks Interest Expense Secured Term Loan Oaks_InterestExpenseSecuredTermLoan	3754872	usd
CY2021	hcft	Oaks Interest Expense Secured Term Loan Oaks_InterestExpenseSecuredTermLoan	3333536	usd
CY2022	us-gaap	Provision For Loan Losses Expensed ProvisionForLoanLossesExpensed	4258668	usd
CY2021	us-gaap	Provision For Loan Losses Expensed ProvisionForLoanLossesExpensed	0	usd
CY2022	hcft	Realized Gain Loss On Mortgage Service Rights RealizedGainLossOnMortgageServiceRights	0	usd
CY2021	hcft	Realized Gain Loss On Mortgage Service Rights RealizedGainLossOnMortgageServiceRights	-10910	usd
CY2022	hcft	Unrealized Gain Loss On Mortgage Service Rights UnrealizedGainLossOnMortgageServiceRights	243659	usd
CY2021	hcft	Unrealized Gain Loss On Mortgage Service Rights UnrealizedGainLossOnMortgageServiceRights	-356772	usd
CY2022Q4	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	0	usd
CY2021Q4	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	-1663926	usd
CY2022	us-gaap	Fees And Commissions Mortgage Banking And Servicing FeesAndCommissionsMortgageBankingAndServicing	347838	usd
CY2021	us-gaap	Fees And Commissions Mortgage Banking And Servicing FeesAndCommissionsMortgageBankingAndServicing	398939	usd
CY2022	hcft	Other Noninterest Income Loss OtherNoninterestIncomeLoss	-3667171	usd
CY2021	hcft	Other Noninterest Income Loss OtherNoninterestIncomeLoss	-1632669	usd
CY2022	hcft	Management And Incentive Fees ManagementAndIncentiveFees	4197819	usd
CY2021	hcft	Management And Incentive Fees ManagementAndIncentiveFees	3041600	usd
CY2022	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	3467653	usd
CY2021	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	2879655	usd
CY2022	hcft	Reimbursable Operating Expense ReimbursableOperatingExpense	2116636	usd
CY2021	hcft	Reimbursable Operating Expense ReimbursableOperatingExpense	2038130	usd
CY2022	us-gaap	Income Loss Attributable To Parent IncomeLossAttributableToParent	9874748	usd
CY2021	us-gaap	Income Loss Attributable To Parent IncomeLossAttributableToParent	10605116	usd
CY2022	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	11088	usd
CY2021	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	77894	usd
CY2022	us-gaap	Net Income Loss NetIncomeLoss	9863660	usd
CY2021	us-gaap	Net Income Loss NetIncomeLoss	10527222	usd
CY2022	us-gaap	Preferred Stock Dividends And Other Adjustments PreferredStockDividendsAndOtherAdjustments	4740000	usd
CY2021	us-gaap	Preferred Stock Dividends And Other Adjustments PreferredStockDividendsAndOtherAdjustments	3112500	usd
CY2022	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	5123660	usd
CY2021	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	7414722	usd
CY2022	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	5123660	usd
CY2022	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	5123660	usd
CY2021	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	7414722	usd
CY2021	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	7414722	usd
CY2022	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	48342347	shares
CY2021	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	24945824	shares
CY2022	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.11
CY2022	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.11
CY2021	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.30
CY2021	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.30
CY2022	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.24
CY2021	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.36
CY2020Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	113703152	usd
CY2021	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	11700	usd
CY2021	hcft	Cost Of Issuing Of Common Stock Values CostOfIssuingOfCommonStockValues	32085	usd
CY2021	hcft	Preferred Stock Issued During Period Value New Issues PreferredStockIssuedDuringPeriodValueNewIssues	57254935	usd
CY2021	us-gaap	Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition	3908	usd
CY2021	us-gaap	Net Income Loss NetIncomeLoss	10527222	usd
CY2021	us-gaap	Dividends Common Stock DividendsCommonStock	8980832	usd
CY2021	us-gaap	Dividends Preferred Stock DividendsPreferredStock	3112500	usd
CY2021Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	169375500	usd
CY2022	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	83487253	usd
CY2022	hcft	Cost Of Issuing Of Common Stock Values CostOfIssuingOfCommonStockValues	2446970	usd
CY2022	us-gaap	Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition	-2830	usd
CY2022	us-gaap	Dividends Common Stock DividendsCommonStock	12535116	usd
CY2022	us-gaap	Dividends Preferred Stock DividendsPreferredStock	4740000	usd
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	243001497	usd
CY2022	us-gaap	Net Income Loss NetIncomeLoss	9863660	usd
CY2021	us-gaap	Proceeds From Issuance Of Secured Debt ProceedsFromIssuanceOfSecuredDebt	7500000	usd
CY2022	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	0	usd
CY2021	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	465316126	usd
CY2022	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	119375	usd
CY2021	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	8747277	usd
CY2021	us-gaap	Net Income Loss NetIncomeLoss	10527222	usd
CY2022	hcft	Accretion Of Discounts On Held For Investment Loans AccretionOfDiscountsOnHeldForInvestmentLoans	125098	usd
CY2021	hcft	Accretion Of Discounts On Held For Investment Loans AccretionOfDiscountsOnHeldForInvestmentLoans	46088	usd
CY2022	hcft	Amortization Of Premiums On Held For Investment Loans AmortizationOfPremiumsOnHeldForInvestmentLoans	61144	usd
CY2021	hcft	Amortization Of Premiums On Held For Investment Loans AmortizationOfPremiumsOnHeldForInvestmentLoans	457749	usd
CY2022	us-gaap	Accretion Amortization Of Discounts And Premiums Investments AccretionAmortizationOfDiscountsAndPremiumsInvestments	0	usd
CY2021	us-gaap	Accretion Amortization Of Discounts And Premiums Investments AccretionAmortizationOfDiscountsAndPremiumsInvestments	-207767	usd
CY2022	us-gaap	Amortization Of Deferred Loan Origination Fees Net AmortizationOfDeferredLoanOriginationFeesNet	27084	usd
CY2021	us-gaap	Amortization Of Deferred Loan Origination Fees Net AmortizationOfDeferredLoanOriginationFeesNet	0	usd
CY2022	hcft	Amortization Of Offering Costs AmortizationOfOfferingCosts	-114571	usd
CY2021	hcft	Amortization Of Offering Costs AmortizationOfOfferingCosts	-32085	usd
CY2022	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	2772870	usd
CY2021	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	1953465	usd
CY2022	us-gaap	Provision For Loan Losses Expensed ProvisionForLoanLossesExpensed	4258668	usd
CY2021	us-gaap	Provision For Loan Losses Expensed ProvisionForLoanLossesExpensed	0	usd
CY2022	hcft	Realized Gain Loss On Mortgage Service Rights RealizedGainLossOnMortgageServiceRights	0	usd
CY2021	hcft	Realized Gain Loss On Mortgage Service Rights RealizedGainLossOnMortgageServiceRights	-10910	usd
CY2022	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	0	usd
CY2021	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	-1663926	usd
CY2022	hcft	Unrealized Gain Loss On Mortgage Service Rights UnrealizedGainLossOnMortgageServiceRights	243659	usd
CY2021	hcft	Unrealized Gain Loss On Mortgage Service Rights UnrealizedGainLossOnMortgageServiceRights	-356772	usd
CY2022	us-gaap	Restricted Stock Expense RestrictedStockExpense	15980	usd
CY2021	us-gaap	Restricted Stock Expense RestrictedStockExpense	15608	usd
CY2022	us-gaap	Increase Decrease In Accrued Interest Receivable Net IncreaseDecreaseInAccruedInterestReceivableNet	1820239	usd
CY2021	us-gaap	Increase Decrease In Accrued Interest Receivable Net IncreaseDecreaseInAccruedInterestReceivableNet	1962135	usd
CY2022	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	226749	usd
CY2021	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	55464	usd
CY2022	us-gaap	Increase Decrease In Interest Payable Net IncreaseDecreaseInInterestPayableNet	1656754	usd
CY2021	us-gaap	Increase Decrease In Interest Payable Net IncreaseDecreaseInInterestPayableNet	271119	usd
CY2022	us-gaap	Increase Decrease In Due To Related Parties IncreaseDecreaseInDueToRelatedParties	-218809	usd
CY2021	us-gaap	Increase Decrease In Due To Related Parties IncreaseDecreaseInDueToRelatedParties	668802	usd
CY2022	us-gaap	Increase Decrease In Other Accounts Payable And Accrued Liabilities IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities	436187	usd
CY2021	us-gaap	Increase Decrease In Other Accounts Payable And Accrued Liabilities IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities	-190621	usd
CY2022	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	16289054	usd
CY2021	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	13846947	usd
CY2022	us-gaap	Payments To Acquire Loans Held For Investment PaymentsToAcquireLoansHeldForInvestment	345921827	usd
CY2021	us-gaap	Payments To Acquire Loans Held For Investment PaymentsToAcquireLoansHeldForInvestment	983694326	usd
CY2022	us-gaap	Proceeds From Principal Repayments On Loans And Leases Held For Investment ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment	293326723	usd
CY2021	us-gaap	Proceeds From Principal Repayments On Loans And Leases Held For Investment ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment	506402705	usd
CY2022	us-gaap	Increase Decrease In Deferred Charges Investing IncreaseDecreaseInDeferredChargesInvesting	-763250	usd
CY2021	us-gaap	Increase Decrease In Deferred Charges Investing IncreaseDecreaseInDeferredChargesInvesting	0	usd
CY2022	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-51831854	usd
CY2021	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-477291621	usd
CY2022	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	81136045	usd
CY2021	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	0	usd
CY2022	us-gaap	Proceeds From Issuance Of Preferred Stock And Preference Stock ProceedsFromIssuanceOfPreferredStockAndPreferenceStock	0	usd
CY2021	us-gaap	Proceeds From Issuance Of Preferred Stock And Preference Stock ProceedsFromIssuanceOfPreferredStockAndPreferenceStock	57254935	usd
CY2022	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	11646557	usd
CY2021	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	9978162	usd
CY2022	us-gaap	Payments Of Dividends Preferred Stock And Preference Stock PaymentsOfDividendsPreferredStockAndPreferenceStock	4740000	usd
CY2021	us-gaap	Payments Of Dividends Preferred Stock And Preference Stock PaymentsOfDividendsPreferredStockAndPreferenceStock	2115000	usd
CY2022	hcft	Proceeds From Collateralized Loan Obligations ProceedsFromCollateralizedLoanObligations	0	usd
CY2021	hcft	Proceeds From Collateralized Loan Obligations ProceedsFromCollateralizedLoanObligations	833750000	usd
CY2022	us-gaap	Proceeds From Issuance Of Secured Debt ProceedsFromIssuanceOfSecuredDebt	0	usd
CY2022	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	64630113	usd
CY2021	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	412348370	usd
CY2022	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	29087313	usd
CY2021	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-51096304	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	18279052	usd
CY2020Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	69375356	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	47366365	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	18279052	usd
CY2022	us-gaap	Interest Paid Net InterestPaidNet	28380571	usd
CY2021	us-gaap	Interest Paid Net InterestPaidNet	13079740	usd
CY2022	hcft	Dividends Declared Not Yet Paid DividendsDeclaredNotYetPaid	4315119	usd
CY2021	hcft	Dividends Declared Not Yet Paid DividendsDeclaredNotYetPaid	3426559	usd
CY2022	us-gaap	Use Of Estimates UseOfEstimates	<div style="text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </span></div><div style="text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The financial statements have been prepared on the accrual basis of accounting in accordance with GAAP. The preparation of financial statements in conformity with GAAP requires the Company to make a number of significant estimates. These include estimates of fair value of certain assets and liabilities, amount and timing of credit losses, prepayment rates, and other estimates that affect the reported amounts of certain assets and liabilities as of the date of the financial statements and the reported amounts of certain revenues and expenses during the reported period. It is likely that changes in these estimates (e.g. valuation changes due to supply and demand, credit performance, prepayments, interest rates, or other reasons) will occur in the near term. The Company's estimates are inherently subjective in nature and actual results could differ from its estimates and the differences may be material.</span></div>
CY2022Q4	hcft	Number Of Loans With Valuation Reserves NumberOfLoansWithValuationReserves	1	loan
CY2022Q4	hcft	Number Of Commercial Real Estate Loans NumberOfCommercialRealEstateLoans	100000	loan
CY2022Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	43858515	usd
CY2021Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	14749046	usd
CY2022Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	3507850	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	47366365	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	18279052	usd
CY2022Q4	hcft	Number Of Non Accrual Loans NumberOfNonAccrualLoans	2	loan
CY2022	hcft	Reserve For Impaired Loan ReserveForImpairedLoan	4300000	usd
CY2022	hcft	Financing Receivable Number Of Loans FinancingReceivableNumberOfLoans	1	mortgageloan
CY2022Q4	hcft	Financing Receivable Excluding Loans Held For Investment Allowance For Credit Losses FinancingReceivableExcludingLoansHeldForInvestmentAllowanceForCreditLosses	0	usd
CY2022Q4	hcft	Number Of Sub Servers NumberOfSubServers	2	sub-servicer
CY2022Q4	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	4258668	usd
CY2021Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	450000000	shares
CY2022Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	450000000	shares
CY2022Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2021Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2022Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	52231152	shares
CY2022Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	52231152	shares
CY2021Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	24947883	shares
CY2015Q4	us-gaap	Stock Repurchase Program Authorized Amount1 StockRepurchaseProgramAuthorizedAmount1	10000000	usd
CY2022Q4	hcft	One Month Libor Rate OneMonthLIBORRate	0.0418	usd
CY2021Q4	hcft	One Month Libor Rate OneMonthLIBORRate	0.0010	usd
CY2022Q4	hcft	One Month Sofr Rate OneMonthSOFRRate	0.0419
CY2022Q4	hcft	Weighted Average Libor Floor Rate WeightedAverageLIBORFloorRate	0.0027	usd
CY2021Q4	hcft	Weighted Average Sofr Floor Rate WeightedAverageSOFRFloorRate	0.0049
CY2022Q4	hcft	Weighted Average Floating Rate WeightedAverageFloatingRate	0.774
CY2021	hcft	Financing Receivable Floating Rate Percentage FinancingReceivableFloatingRatePercentage	1
CY2022Q4	hcft	Average Risk Rate AverageRiskRate	3.0
CY2021Q4	hcft	Average Risk Rate AverageRiskRate	2.3
CY2021Q4	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	0	usd
CY2020Q4	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	0	usd
CY2022	us-gaap	Provision For Loan Losses Expensed ProvisionForLoanLossesExpensed	4258668	usd
CY2021	us-gaap	Provision For Loan Losses Expensed ProvisionForLoanLossesExpensed	0	usd
CY2022Q4	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	4258668	usd
CY2021Q4	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	0	usd
CY2022	hcft	Reserve For Impaired Loan ReserveForImpairedLoan	4300000	usd
CY2021Q2	hcft	Number Of Newly Formed Subsidiaries NumberOfNewlyFormedSubsidiaries	2	subsidiary
CY2021Q2	hcft	Variable Interest Entity Qualitative And Quantitative Information Equity Interest VariableInterestEntityQualitativeAndQuantitativeInformationEquityInterest	96250000	usd
CY2021Q2	hcft	Proceeds From Issuance Of Debt Securities Allocated To Acquire Additional Loan Obligations ProceedsFromIssuanceOfDebtSecuritiesAllocatedToAcquireAdditionalLoanObligations	330300000	usd
CY2021Q2	hcft	Period To Acquire Additional Loan Obligations From Closing Date PeriodToAcquireAdditionalLoanObligationsFromClosingDate	P180D
CY2021Q2	hcft	Collateralized Loan Obligation Leverage Ratio CollateralizedLoanObligationLeverageRatio	0.83
CY2022Q4	hcft	One Month Libor Rate OneMonthLIBORRate	0.0418	usd
CY2021Q4	hcft	One Month Libor Rate OneMonthLIBORRate	0.0010	usd
CY2022Q4	hcft	One Month Sofr Rate OneMonthSOFRRate	0.0419
CY2021Q4	hcft	One Month Sofr Rate OneMonthSOFRRate	0.0000
CY2022Q4	hcft	Weighted Average Libor Floor Rate Collateralized Loan Obligations WeightedAverageLIBORFloorRateCollateralizedLoanObligations	0.0025
CY2021Q4	hcft	Weighted Average Sofr Floor Rate WeightedAverageSOFRFloorRate	0.0049
CY2021	hcft	Financing Receivable Floating Rate Percentage FinancingReceivableFloatingRatePercentage	1
CY2021	us-gaap	Loans Receivable Basis Spread On Variable Rate During Period LoansReceivableBasisSpreadOnVariableRateDuringPeriod	0.0143
CY2022	us-gaap	Loans Receivable Basis Spread On Variable Rate During Period LoansReceivableBasisSpreadOnVariableRateDuringPeriod	0.0143
CY2022	hcft	Servicing Liability At Fair Value Change In Fair Value Valuation Input Statement Of Income Or Comprehensive Income Extensible Enumeration Not Disclosed Flag ServicingLiabilityAtFairValueChangeInFairValueValuationInputStatementOfIncomeOrComprehensiveIncomeExtensibleEnumerationNotDisclosedFlag	consolidated statements of operations
CY2019Q1	hcft	Collateralized Loan Obligation Unamortized Discount CollateralizedLoanObligationUnamortizedDiscount	39200000	usd
CY2022Q4	hcft	Collateralized Loan Obligation Deferred Financing Costs CollateralizedLoanObligationDeferredFinancingCosts	778958	usd
CY2021Q4	hcft	Collateralized Loan Obligation Deferred Financing Costs CollateralizedLoanObligationDeferredFinancingCosts	904498	usd
CY2022Q4	us-gaap	Secured Debt SecuredDebt	47750000	usd
CY2022Q4	us-gaap	Line Of Credit Facility Maximum Borrowing Capacity LineOfCreditFacilityMaximumBorrowingCapacity	47750000	usd
CY2021Q4	us-gaap	Secured Debt SecuredDebt	47750000	usd
CY2021Q4	us-gaap	Line Of Credit Facility Maximum Borrowing Capacity LineOfCreditFacilityMaximumBorrowingCapacity	47750000	usd
CY2022Q4	us-gaap	Secured Debt SecuredDebt	47750000	usd
CY2022Q4	us-gaap	Line Of Credit Facility Maximum Borrowing Capacity LineOfCreditFacilityMaximumBorrowingCapacity	47750000	usd
CY2021Q4	us-gaap	Secured Debt SecuredDebt	47750000	usd
CY2021Q4	us-gaap	Line Of Credit Facility Maximum Borrowing Capacity LineOfCreditFacilityMaximumBorrowingCapacity	47750000	usd
CY2022Q4	hcft	Number Of Sub Servers NumberOfSubServers	2	sub-servicer
CY2021	hcft	Servicing Liability At Fair Value Other Change In Fair Value Statement Of Income Or Comprehensive Income Extensible Enumeration Not Disclosed Flag ServicingLiabilityAtFairValueOtherChangeInFairValueStatementOfIncomeOrComprehensiveIncomeExtensibleEnumerationNotDisclosedFlag	consolidated statements of operations
CY2022Q4	us-gaap	Assets Fair Value Disclosure AssetsFairValueDisclosure	795656	usd
CY2021Q4	us-gaap	Assets Fair Value Disclosure AssetsFairValueDisclosure	551997	usd
CY2022Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	43858515	usd
CY2022Q4	us-gaap	Notes Receivable Net NotesReceivableNet	1071889518	usd
CY2022Q4	hcft	Collateralized Loan Obligations CollateralizedLoanObligations	829310498	usd
CY2022Q4	us-gaap	Secured Long Term Debt SecuredLongTermDebt	46971042	usd
CY2021	hcft	Annual Management Fee Percentage AnnualManagementFeePercentage	0.015
CY2021	hcft	Quarterly Management Fee Percentage QuarterlyManagementFeePercentage	0.00375
CY2022	us-gaap	Management Fee Expense ManagementFeeExpense	4197819	usd
CY2021	us-gaap	Management Fee Expense ManagementFeeExpense	2909368	usd
CY2022Q4	us-gaap	Management Fee Payable ManagementFeePayable	1089000	usd
CY2021Q4	us-gaap	Management Fee Payable ManagementFeePayable	796000	usd
CY2021	hcft	Incentive Fees IncentiveFees	132232	usd
CY2021Q4	hcft	Incentive Fees Payable IncentiveFeesPayable	132232	usd
CY2022	hcft	Reimbursable Operating Expense ReimbursableOperatingExpense	2116636	usd
CY2021	hcft	Reimbursable Operating Expense ReimbursableOperatingExpense	2038130	usd
CY2022Q4	hcft	Reimbursable Costs Payable ReimbursableCostsPayable	517333	usd
CY2021Q4	hcft	Reimbursable Costs Payable ReimbursableCostsPayable	724333	usd
CY2022	hcft	Reduction To Reimbursable Expenses As Percentage Of Exit Fees Waived Percent ReductionToReimbursableExpensesAsPercentageOfExitFeesWaivedPercent	0.50
CY2022	us-gaap	Business Exit Costs1 BusinessExitCosts1	1241657	usd
CY2022	hcft	Reimbursable Operating Expense Waived ReimbursableOperatingExpenseWaived	620829	usd
CY2021	us-gaap	Business Exit Costs1 BusinessExitCosts1	605906	usd
CY2021	hcft	Reimbursable Operating Expense Waived ReimbursableOperatingExpenseWaived	302953	usd
CY2022	srt	Mortgage Loans On Real Estate Collections Of Principal MortgageLoansOnRealEstateCollectionsOfPrincipal	270926723	usd
CY2021	srt	Mortgage Loans On Real Estate Collections Of Principal MortgageLoansOnRealEstateCollectionsOfPrincipal	528802705	usd
CY2022	hcft	Sec Schedule1229 Real Estate Companies Investment In Mortgage Loans On Real Estate Accretion Of Purchase Discount SECSchedule1229RealEstateCompaniesInvestmentInMortgageLoansOnRealEstateAccretionOfPurchaseDiscount	125098	usd
CY2021	hcft	Sec Schedule1229 Real Estate Companies Investment In Mortgage Loans On Real Estate Accretion Of Purchase Discount SECSchedule1229RealEstateCompaniesInvestmentInMortgageLoansOnRealEstateAccretionOfPurchaseDiscount	46088	usd
CY2022	us-gaap	Mortgage Loans On Real Estate Amortization Of Premium MortgageLoansOnRealEstateAmortizationOfPremium	61144	usd
CY2021	hcft	Number Of Participation Interests Funded NumberOfParticipationInterestsFunded	20	loanparticipation
CY2021Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	450000000	shares
CY2022Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	450000000	shares
CY2022Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2021Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2022Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	52231152	shares
CY2022Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	52231152	shares
CY2021Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	24947883	shares
CY2021Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	24947883	shares
CY2022Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	50000000	shares
CY2021Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	50000000	shares
CY2022Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2021Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2022Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	2400000	shares
CY2022Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	2400000	shares
CY2021Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	2400000	shares
CY2021Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	2400000	shares
CY2022	us-gaap	Net Income Loss NetIncomeLoss	9863660	usd
CY2021	us-gaap	Net Income Loss NetIncomeLoss	10527222	usd
CY2022	us-gaap	Dividends Common Stock DividendsCommonStock	12535116	usd
CY2021	us-gaap	Dividends Common Stock DividendsCommonStock	8980832	usd
CY2022	us-gaap	Dividends Preferred Stock DividendsPreferredStock	4740000	usd
CY2021	us-gaap	Dividends Preferred Stock DividendsPreferredStock	3112500	usd
CY2022	us-gaap	Dividends Dividends	17275116	usd
CY2021	us-gaap	Dividends Dividends	12093332	usd
CY2022	us-gaap	Undistributed Earnings UndistributedEarnings	-7411456	usd
CY2021	us-gaap	Undistributed Earnings UndistributedEarnings	-1566110	usd
CY2022	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	48337029	shares
CY2021	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	24941324	shares
CY2022	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	5318	shares
CY2021	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	4500	shares
CY2022	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	48342347	shares
CY2021	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	24945824	shares
CY2022	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	11088	usd
CY2021	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	77894	usd
CY2022	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	11088	usd
CY2021	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	77894	usd
CY2022	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.210
CY2021	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.210
CY2022	us-gaap	Effective Income Tax Rate Reconciliation Tax Exempt Income EffectiveIncomeTaxRateReconciliationTaxExemptIncome	-0.201
CY2021	us-gaap	Effective Income Tax Rate Reconciliation Tax Exempt Income EffectiveIncomeTaxRateReconciliationTaxExemptIncome	-0.214
CY2022	us-gaap	Effective Income Tax Rate Reconciliation State And Local Income Taxes EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes	-0.004
CY2021	us-gaap	Effective Income Tax Rate Reconciliation State And Local Income Taxes EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes	-0.002
CY2022	hcft	Effective Income Tax Rate Reconciliation Return To Provision Percent EffectiveIncomeTaxRateReconciliationReturnToProvisionPercent	-0.006
CY2021	hcft	Effective Income Tax Rate Reconciliation Return To Provision Percent EffectiveIncomeTaxRateReconciliationReturnToProvisionPercent	-0.001
CY2022	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	-0.001
CY2021	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	-0.007
CY2022Q4	hcft	Deferred Tax Liabilities Accumulated Net Operating Losses DeferredTaxLiabilitiesAccumulatedNetOperatingLosses	1229334	usd
CY2021Q4	hcft	Deferred Tax Liabilities Accumulated Net Operating Losses DeferredTaxLiabilitiesAccumulatedNetOperatingLosses	985917	usd
CY2022Q4	hcft	Deferred Tax Assets Mortgage Servicing Rights DeferredTaxAssetsMortgageServicingRights	19456	usd
CY2021Q4	hcft	Deferred Tax Assets Mortgage Servicing Rights DeferredTaxAssetsMortgageServicingRights	261440	usd
CY2022Q4	hcft	Deferred Tax Assets Capitalized Transaction Costs DeferredTaxAssetsCapitalizedTransactionCosts	81382	usd
CY2021Q4	hcft	Deferred Tax Assets Capitalized Transaction Costs DeferredTaxAssetsCapitalizedTransactionCosts	93903	usd
CY2022Q4	us-gaap	Deferred Tax Assets Liabilities Net DeferredTaxAssetsLiabilitiesNet	1330172	usd
CY2021Q4	us-gaap	Deferred Tax Assets Liabilities Net DeferredTaxAssetsLiabilitiesNet	1341260	usd
CY2022Q4	us-gaap	Operating Loss Carryforwards OperatingLossCarryforwards	4000000.0	usd
CY2021Q4	us-gaap	Operating Loss Carryforwards OperatingLossCarryforwards	3200000	usd
CY2022Q4	srt	Mortgage Loans On Real Estate Prior Liens1 MortgageLoansOnRealEstatePriorLiens1	0	usd
CY2022Q4	hcft	Sec Schedule1229 Real Estate Companies Investment In Mortgage Loans On Real Estate Unpaid Principal Balance SECSchedule1229RealEstateCompaniesInvestmentInMortgageLoansOnRealEstateUnpaidPrincipalBalance	1076865099	usd
CY2022Q4	us-gaap	Mortgage Loans On Real Estate MortgageLoansOnRealEstate	1071889518	usd
CY2021Q4	us-gaap	Mortgage Loans On Real Estate MortgageLoansOnRealEstate	1001825294	usd
CY2020Q4	us-gaap	Mortgage Loans On Real Estate MortgageLoansOnRealEstate	547345334	usd
CY2022	us-gaap	Mortgage Loans On Real Estate New Mortgage Loans MortgageLoansOnRealEstateNewMortgageLoans	345158577	usd
CY2021	us-gaap	Mortgage Loans On Real Estate New Mortgage Loans MortgageLoansOnRealEstateNewMortgageLoans	983694326	usd
CY2021	us-gaap	Mortgage Loans On Real Estate Amortization Of Premium MortgageLoansOnRealEstateAmortizationOfPremium	457749	usd
CY2022	us-gaap	Amortization Of Deferred Loan Origination Fees Net AmortizationOfDeferredLoanOriginationFeesNet	27084	usd
CY2021	us-gaap	Amortization Of Deferred Loan Origination Fees Net AmortizationOfDeferredLoanOriginationFeesNet	0	usd
CY2022	hcft	Provision For Mortgage Loans ProvisionForMortgageLoans	4258668	usd
CY2021	hcft	Provision For Mortgage Loans ProvisionForMortgageLoans	0	usd
CY2022Q4	us-gaap	Mortgage Loans On Real Estate MortgageLoansOnRealEstate	1071889518	usd
CY2021Q4	us-gaap	Mortgage Loans On Real Estate MortgageLoansOnRealEstate	1001825294	usd

Files In Submission

Name	View Source	Status
0001628280-23-009060-index-headers.html	Edgar Link	pending
0001628280-23-009060-index.html	Edgar Link	pending
0001628280-23-009060.txt	Edgar Link	pending
0001628280-23-009060-xbrl.zip	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
hcft-20221231.htm	Edgar Link	pending
hcft-20221231.xsd	Edgar Link	pending
hcft-20221231_g1.jpg	Edgar Link	pending
hcft-20221231_g2.jpg	Edgar Link	pending
hcft-20221231_g3.jpg	Edgar Link	pending
hcft10-k20221231_ex21x1.htm	Edgar Link	pending
lft10-k20221231_ex23x1.htm	Edgar Link	pending
lft10-k20221231_ex31x1.htm	Edgar Link	pending
lft10-k20221231_ex31x2.htm	Edgar Link	pending
lft10-k20221231_ex32x1.htm	Edgar Link	pending
lft10-k20221231_ex32x2.htm	Edgar Link	pending
lft10-k20221231_ex4x3.htm	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
hcft-20221231_def.xml	Edgar Link	unprocessable
hcft-20221231_lab.xml	Edgar Link	unprocessable
FilingSummary.xml	Edgar Link	unprocessable
hcft-20221231_pre.xml	Edgar Link	unprocessable
hcft-20221231_cal.xml	Edgar Link	unprocessable
hcft-20221231_htm.xml	Edgar Link	completed
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
R36.htm	Edgar Link	pending
R37.htm	Edgar Link	pending
R38.htm	Edgar Link	pending
R39.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
R41.htm	Edgar Link	pending
R42.htm	Edgar Link	pending
R43.htm	Edgar Link	pending
R44.htm	Edgar Link	pending
R45.htm	Edgar Link	pending
R46.htm	Edgar Link	pending
R47.htm	Edgar Link	pending
R48.htm	Edgar Link	pending
R49.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R50.htm	Edgar Link	pending
R51.htm	Edgar Link	pending
R52.htm	Edgar Link	pending
R53.htm	Edgar Link	pending
R54.htm	Edgar Link	pending
R55.htm	Edgar Link	pending
R56.htm	Edgar Link	pending
R57.htm	Edgar Link	pending
R58.htm	Edgar Link	pending
R59.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R60.htm	Edgar Link	pending
R61.htm	Edgar Link	pending
R62.htm	Edgar Link	pending
R63.htm	Edgar Link	pending
R64.htm	Edgar Link	pending
R65.htm	Edgar Link	pending
R66.htm	Edgar Link	pending
R67.htm	Edgar Link	pending
R68.htm	Edgar Link	pending
R69.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R70.htm	Edgar Link	pending
R71.htm	Edgar Link	pending
R72.htm	Edgar Link	pending
R73.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

Create your account

Find Stocks Worth Researching

Deeply Understand Businesses

Value Businesses Intelligently

$LFT
Lument Finance Trust, Inc. Stock $lft

2023 Q1 Form 10-K Financial Statement

#000162828023009060 Filed on March 23, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$LFT Lument Finance Trust, Inc. Stock $lft

2023 Q1 Form 10-K Financial Statement

#000162828023009060 Filed on March 23, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$LFT
Lument Finance Trust, Inc. Stock $lft