$NREF
NexPoint Real Estate Finance, Inc. Stock $nref

$nref Overview Financials Valuation SEC Filings Company Website

2024 Q1 Form 10-K Financial Statement

#000178624824000004 Filed on March 22, 2024

Income Statement

Concept	2024 Q1	2023 Q4	2023
Revenue	$7.205M	$35.46M	$97.95M
YoY Change	-73.39%	56.28%	21.22%
Cost Of Revenue	$11.81M	$14.09M	$55.75M
YoY Change	-10.92%	10.91%	24.87%
Gross Profit	-$4.602M	$21.37M	$42.20M
YoY Change	-133.3%	114.0%	16.72%
Gross Profit Margin	-63.87%	60.26%	43.09%
Selling, General & Admin	$10.46M	$5.368M	$19.16M
YoY Change	133.62%	-62.07%	-12.06%
% of Gross Profit		25.12%	45.41%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$2.318M	$1.035M	$2.465M
YoY Change	386.97%	125.0%	-14.85%
% of Gross Profit		4.84%	5.84%
Operating Expenses	$11.03M	$3.431M	$23.35M
YoY Change	148.17%	-75.95%	-10.81%
Operating Profit	-$15.63M	$17.94M	$18.85M
YoY Change	-266.65%	-518.85%	88.94%
Interest Expense	$11.24M		$51.56M
YoY Change	-7.96%		28.08%
% of Operating Profit			273.5%
Other Income/Expense, Net	$9.199M		$25.29M
YoY Change	-15.98%		850.47%
Pretax Income	-$14.64M	$17.94M	$18.74M
YoY Change	-256.12%	-518.85%	31.84%
Income Tax
% Of Pretax Income
Net Earnings	-$14.64M	$13.64M	$18.74M
YoY Change	-256.12%	-305.04%	31.84%
Net Earnings / Revenue	-203.21%	38.46%	19.13%
Basic Earnings Per Share	-$0.83		$0.60
Diluted Earnings Per Share	-$0.83	$0.79	$0.60
COMMON SHARES
Basic Shares Outstanding	17.59M shares	17.23M shares	17.20M shares
Diluted Shares Outstanding	24.86M shares		17.20M shares

Balance Sheet

Concept	2024 Q1	2023 Q4	2023
SHORT-TERM ASSETS
Cash & Short-Term Investments	$13.48M	$13.82M	$13.82M
YoY Change	-65.28%	-31.05%	-31.05%
Cash & Equivalents	$13.48M	$13.82M	$13.82M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables	$908.0K
Other Receivables	$0.00
Total Short-Term Assets	$14.39M	$13.82M	$13.82M
YoY Change	-62.94%	-31.05%	-31.05%
LONG-TERM ASSETS
Property, Plant & Equipment	$124.5M	$126.6M	$126.6M
YoY Change	110.74%	-48.39%	-48.39%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$6.509B	$6.510B	$6.510B
YoY Change	650800.4%	-14.39%	-14.39%
Other Assets	$5.804M	$2.825M	$2.825M
YoY Change	288.23%	844.82%	844.82%
Total Long-Term Assets	$7.071B	$7.005B	$7.005B
YoY Change	-11.66%	-13.89%	-13.89%
TOTAL ASSETS
Total Short-Term Assets	$14.39M	$13.82M	$13.82M
Total Long-Term Assets	$7.071B	$7.005B	$7.005B
Total Assets	$7.085B	$7.018B	$7.018B
YoY Change	-11.91%	-13.93%	-13.93%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$10.27M	$6.428M	$6.428M
YoY Change	91.0%	3.16%	3.16%
Accrued Expenses	$12.70M	$8.209M	$8.209M
YoY Change	24.6%	2.79%	2.79%
Deferred Revenue
YoY Change
Short-Term Debt	$341.7M	$303.5M	$303.5M
YoY Change	-2.47%	-8.31%	-8.31%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$364.7M	$318.2M	$318.2M
YoY Change	-0.34%	-7.85%	-7.85%
LONG-TERM LIABILITIES
Long-Term Debt	$6.272B	$6.255B	$6.255B
YoY Change	-12.93%	-13.89%	-13.89%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities	$6.272B	$6.255B	$6.255B
YoY Change	-12.93%	-13.89%	-13.89%
TOTAL LIABILITIES
Total Short-Term Liabilities	$364.7M	$318.2M	$318.2M
Total Long-Term Liabilities	$6.272B	$6.255B	$6.255B
Total Liabilities	$6.637B	$6.573B	$6.662B
YoY Change	-12.32%	-13.62%	-14.26%
SHAREHOLDERS EQUITY
Retained Earnings	-$59.32M	-$35.82M
YoY Change	2099.41%	-907.69%
Common Stock	$397.2M	$395.7M
YoY Change	1.2%	0.92%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$361.4M	$355.9M	$355.9M
YoY Change
Total Liabilities & Shareholders Equity	$7.085B	$7.018B	$7.018B
YoY Change	-11.91%	-13.93%	-13.93%

Cashflow Statement

Concept	2024 Q1	2023 Q4	2023
OPERATING ACTIVITIES
Net Income	-$14.64M	$13.64M	$18.74M
YoY Change	-256.12%	-305.04%	31.84%
Depreciation, Depletion And Amortization	$2.318M	$1.035M	$2.465M
YoY Change	386.97%	125.0%	-14.85%
Cash From Operating Activities	$17.71M	$3.126M	$31.56M
YoY Change	18.47%	-2.16%	-52.04%
INVESTING ACTIVITIES
Capital Expenditures	$253.0K	$0.00	$0.00
YoY Change		-100.0%	-100.0%
Acquisitions
YoY Change
Other Investing Activities	$545.7M	$101.9M	$741.3M
YoY Change	717.69%	-64.16%	-34.69%
Cash From Investing Activities	$545.4M	$101.9M	$741.3M
YoY Change	717.32%	2.2%	-22.01%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net			$0.00
YoY Change			-100.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-$560.5M	-101.3M	-$776.6M
YoY Change	808.34%	-7.1%	-24.55%
NET CHANGE
Cash From Operating Activities	$17.71M	3.126M	$31.56M
Cash From Investing Activities	$545.4M	101.9M	$741.3M
Cash From Financing Activities	-$560.5M	-101.3M	-$776.6M
Net Change In Cash	$2.638M	3.722M	-$3.698M
YoY Change	-86.8%	-160.67%	-71.3%
FREE CASH FLOW
Cash From Operating Activities	$17.71M	$3.126M	$31.56M
Capital Expenditures	$253.0K	$0.00	$0.00
Free Cash Flow	$17.46M	$3.126M	$31.56M
YoY Change	16.78%	-101.72%	-126.57%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2023	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	MD
CY2023	dei	Document Annual Report DocumentAnnualReport	true
CY2023	dei	Document Transition Report DocumentTransitionReport	false
CY2023	dei	Entity File Number EntityFileNumber	001-39210
CY2022	us-gaap	Payments To Acquire Loans Held For Investment PaymentsToAcquireLoansHeldForInvestment	110502000	usd
CY2023	dei	Amendment Flag AmendmentFlag	false
CY2023	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	FY
CY2023	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2023
CY2023	dei	Entity Central Index Key EntityCentralIndexKey	0001786248
CY2022	us-gaap	Accounting Standards Update Extensible List AccountingStandardsUpdateExtensibleList	http://fasb.org/us-gaap/2023#AccountingStandardsUpdate201613Member
CY2023	dei	Document Period End Date DocumentPeriodEndDate	2023-12-31
CY2023	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2023	dei	Entity Registrant Name EntityRegistrantName	NexPoint Real Estate Finance, Inc.
CY2023	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	84-2178264
CY2023	dei	Entity Address Address Line1 EntityAddressAddressLine1	300 Crescent Court
CY2023	dei	Entity Address Address Line2 EntityAddressAddressLine2	Suite 700
CY2023	dei	Entity Address City Or Town EntityAddressCityOrTown	Dallas
CY2023	dei	Entity Address State Or Province EntityAddressStateOrProvince	TX
CY2023	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	75201
CY2023	dei	City Area Code CityAreaCode	214
CY2023	dei	Local Phone Number LocalPhoneNumber	276-6300
CY2023	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	No
CY2023	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
CY2023	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2023	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2023	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
CY2023	dei	Entity Small Business EntitySmallBusiness	true
CY2023	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	true
CY2023	dei	Entity Ex Transition Period EntityExTransitionPeriod	false
CY2023	dei	Icfr Auditor Attestation Flag IcfrAuditorAttestationFlag	false
CY2023	dei	Document Fin Stmt Error Correction Flag DocumentFinStmtErrorCorrectionFlag	false
CY2023	dei	Entity Shell Company EntityShellCompany	false
CY2023Q2	dei	Entity Public Float EntityPublicFloat	269000000	usd
CY2024Q1	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	17593244	shares
CY2023	dei	Auditor Firm AuditorFirmId	185
CY2023	dei	Auditor Name AuditorName	KPMG, LLP
CY2023	dei	Auditor Location AuditorLocation	Dallas, Texas, United States
CY2023Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	13824000	usd
CY2022Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	20048000	usd
CY2023Q4	us-gaap	Restricted Cash RestrictedCash	2825000	usd
CY2022Q4	us-gaap	Restricted Cash RestrictedCash	299000	usd
CY2023Q4	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	126551000	usd
CY2022Q4	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	245222000	usd
CY2023Q4	us-gaap	Equity Securities Fv Ni EquitySecuritiesFvNi	61529000	usd
CY2022Q4	us-gaap	Equity Securities Fv Ni EquitySecuritiesFvNi	78264000	usd
CY2023Q4	us-gaap	Mortgage Loans On Real Estate Commercial And Consumer Net MortgageLoansOnRealEstateCommercialAndConsumerNet	676420000	usd
CY2022Q4	us-gaap	Mortgage Loans On Real Estate Commercial And Consumer Net MortgageLoansOnRealEstateCommercialAndConsumerNet	726531000	usd
CY2023Q4	nref	Preferred Stock Investments PreferredStockInvestments	14776000	usd
CY2022Q4	nref	Preferred Stock Investments PreferredStockInvestments	0	usd
CY2023Q4	us-gaap	Dividend And Interest Receivable DividendAndInterestReceivable	22033000	usd
CY2022Q4	us-gaap	Dividend And Interest Receivable DividendAndInterestReceivable	15665000	usd
CY2023Q4	nref	Accounts Receivable And Other Assets AccountsReceivableAndOtherAssets	4312000	usd
CY2022Q4	nref	Accounts Receivable And Other Assets AccountsReceivableAndOtherAssets	2197000	usd
CY2023Q4	us-gaap	Assets Assets	7018353000	usd
CY2022Q4	us-gaap	Assets Assets	8154136000	usd
CY2023Q4	us-gaap	Line Of Credit LineOfCredit	649558000	usd
CY2022Q4	us-gaap	Line Of Credit LineOfCredit	687885000	usd
CY2023Q4	us-gaap	Securities Sold Under Agreements To Repurchase SecuritiesSoldUnderAgreementsToRepurchase	303514000	usd
CY2022Q4	us-gaap	Securities Sold Under Agreements To Repurchase SecuritiesSoldUnderAgreementsToRepurchase	331020000	usd
CY2023Q4	us-gaap	Temporary Equity Shares Issued TemporaryEquitySharesIssued	427218	shares
CY2022Q4	us-gaap	Temporary Equity Shares Issued TemporaryEquitySharesIssued	0	shares
CY2023Q4	us-gaap	Temporary Equity Shares Outstanding TemporaryEquitySharesOutstanding	427218	shares
CY2022Q4	us-gaap	Temporary Equity Shares Outstanding TemporaryEquitySharesOutstanding	0	shares
CY2022Q4	us-gaap	Temporary Equity Carrying Amount Attributable To Parent TemporaryEquityCarryingAmountAttributableToParent	0	usd
CY2022Q4	us-gaap	Redeemable Noncontrolling Interest Equity Carrying Amount RedeemableNoncontrollingInterestEquityCarryingAmount	96501000	usd
CY2023Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2022Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	100000000	shares
CY2023Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	2000000	shares
CY2023Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	1645000	shares
CY2023Q4	us-gaap	Preferred Stock Value Outstanding PreferredStockValueOutstanding	16000	usd
CY2022Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2022Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	500000000	shares
CY2023Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	17518900	shares
CY2023Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	17231913	shares
CY2023Q4	us-gaap	Common Stock Value Outstanding CommonStockValueOutstanding	172000	usd
CY2023Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	395737000	usd
CY2023Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-35821000	usd
CY2023Q4	us-gaap	Treasury Stock Preferred Shares TreasuryStockPreferredShares	355000	shares
CY2023Q4	us-gaap	Treasury Stock Preferred Value TreasuryStockPreferredValue	8567000	usd
CY2023Q4	us-gaap	Treasury Stock Common Shares TreasuryStockCommonShares	286987	shares
CY2023Q4	us-gaap	Treasury Stock Common Value TreasuryStockCommonValue	4195000	usd
CY2023Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	347437000	usd
CY2023Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	7018353000	usd
CY2023	us-gaap	Interest Income Operating InterestIncomeOperating	68358000	usd
CY2022	us-gaap	Interest Income Operating InterestIncomeOperating	77988000	usd
CY2021	us-gaap	Interest Income Operating InterestIncomeOperating	55827000	usd
CY2023	us-gaap	Interest Expense InterestExpense	51560000	usd
CY2022	us-gaap	Interest Expense InterestExpense	40255000	usd
CY2021	us-gaap	Interest Expense InterestExpense	29772000	usd
CY2023	nref	Reversal Of Provision For Credit Losses ReversalOfProvisionForCreditLosses	4299000	usd
CY2022	nref	Reversal Of Provision For Credit Losses ReversalOfProvisionForCreditLosses	169000	usd
CY2021	nref	Reversal Of Provision For Credit Losses ReversalOfProvisionForCreditLosses	189000	usd
CY2023	us-gaap	Investment Income Dividend InvestmentIncomeDividend	193000	usd
CY2022	us-gaap	Investment Income Dividend InvestmentIncomeDividend	0	usd
CY2021	us-gaap	Investment Income Dividend InvestmentIncomeDividend	0	usd
CY2023	us-gaap	Realized Investment Gains Losses RealizedInvestmentGainsLosses	0	usd
CY2022	us-gaap	Realized Investment Gains Losses RealizedInvestmentGainsLosses	-1084000	usd
CY2021	us-gaap	Realized Investment Gains Losses RealizedInvestmentGainsLosses	-257000	usd
CY2023	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	1520000	usd
CY2022	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	399000	usd
CY2021	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	780000	usd
CY2023	us-gaap	Gains Losses On Sales Of Other Real Estate GainsLossesOnSalesOfOtherRealEstate	1490000	usd
CY2022	us-gaap	Gains Losses On Sales Of Other Real Estate GainsLossesOnSalesOfOtherRealEstate	0	usd
CY2021	us-gaap	Gains Losses On Sales Of Other Real Estate GainsLossesOnSalesOfOtherRealEstate	0	usd
CY2023	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	0	usd
CY2022	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	17000	usd
CY2021	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	0	usd
CY2023	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	-2564000	usd
CY2022	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	0	usd
CY2021	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	0	usd
CY2023	nref	Income From Real Estate Investment Partnership IncomeFromRealEstateInvestmentPartnership	5144000	usd
CY2022	nref	Income From Real Estate Investment Partnership IncomeFromRealEstateInvestmentPartnership	12402000	usd
CY2021	nref	Income From Real Estate Investment Partnership IncomeFromRealEstateInvestmentPartnership	10000	usd
CY2023	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	25292000	usd
CY2022	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	2661000	usd
CY2021	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	71313000	usd
CY2023	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	9204000	usd
CY2022	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	7243000	usd
CY2021	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	6371000	usd
CY2023	us-gaap	Loan Portfolio Expense LoanPortfolioExpense	4187000	usd
CY2022	us-gaap	Loan Portfolio Expense LoanPortfolioExpense	4388000	usd
CY2021	us-gaap	Loan Portfolio Expense LoanPortfolioExpense	5179000	usd
CY2023	us-gaap	Management Fee Expense ManagementFeeExpense	3281000	usd
CY2022	us-gaap	Management Fee Expense ManagementFeeExpense	3151000	usd
CY2021	us-gaap	Management Fee Expense ManagementFeeExpense	2296000	usd
CY2023	us-gaap	Costs And Expenses Related Party CostsAndExpensesRelatedParty	6678000	usd
CY2022	us-gaap	Costs And Expenses Related Party CostsAndExpensesRelatedParty	11398000	usd
CY2021	us-gaap	Costs And Expenses Related Party CostsAndExpensesRelatedParty	50000	usd
CY2023	us-gaap	Operating Expenses OperatingExpenses	23350000	usd
CY2022	us-gaap	Operating Expenses OperatingExpenses	26180000	usd
CY2021	us-gaap	Operating Expenses OperatingExpenses	13896000	usd
CY2023	us-gaap	Profit Loss ProfitLoss	18740000	usd
CY2022	us-gaap	Profit Loss ProfitLoss	14214000	usd
CY2021	us-gaap	Profit Loss ProfitLoss	83472000	usd
CY2023	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	10399000	usd
CY2022	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	3234000	usd
CY2021	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	39577000	usd
CY2023	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	17199000	shares
CY2022	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	14686000	shares
CY2021	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	6601000	shares
CY2023	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	17199000	shares
CY2022	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	14686000	shares
CY2021	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	20366000	shares
CY2023	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.60
CY2023	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	-45000	usd
CY2022	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.22
CY2021	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	6.00
CY2023	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.60
CY2022	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.22
CY2021	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	3.93
CY2023	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	2.7400
CY2022	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	2.0000
CY2021	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	1.9000
CY2020Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	128243000	usd
CY2021	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	1700000	usd
CY2021	us-gaap	Treasury Stock Retired Cost Method Amount TreasuryStockRetiredCostMethodAmount	0	usd
CY2021	nref	Stock Issued During Period Value Conversion Of Redeemable Noncontrolling Interests StockIssuedDuringPeriodValueConversionOfRedeemableNoncontrollingInterests	32393000	usd
CY2021	us-gaap	Noncontrolling Interest Increase From Business Combination NoncontrollingInterestIncreaseFromBusinessCombination	7175000	usd
CY2021	us-gaap	Preferred Stock Dividends And Other Adjustments PreferredStockDividendsAndOtherAdjustments	-3508000	usd
CY2021	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	39577000	usd
CY2021	us-gaap	Preferred Stock Dividends Per Share Declared PreferredStockDividendsPerShareDeclared	2.1250
CY2021	us-gaap	Dividends Preferred Stock DividendsPreferredStock	3508000	usd
CY2021	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	1.9000
CY2021	us-gaap	Dividends Common Stock DividendsCommonStock	14695000	usd
CY2021Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	245283000	usd
CY2022	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	2790000	usd
CY2022	nref	Noncontrolling Interest Increase From Fundraising NoncontrollingInterestIncreaseFromFundraising	64434000	usd
CY2022	nref	Stock Issued During Period Value Conversion Of Redeemable Noncontrolling Interests StockIssuedDuringPeriodValueConversionOfRedeemableNoncontrollingInterests	155614000	usd
CY2022	us-gaap	Noncontrolling Interest Decrease From Deconsolidation NoncontrollingInterestDecreaseFromDeconsolidation	7175000	usd
CY2022	nref	Increase Decrease In Retained Earning Due To Consolidation Of Real Estate IncreaseDecreaseInRetainedEarningDueToConsolidationOfRealEstate	1174000	usd
CY2022	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-2499000	usd
CY2022	us-gaap	Preferred Stock Dividends And Other Adjustments PreferredStockDividendsAndOtherAdjustments	-3512000	usd
CY2022	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	3234000	usd
CY2022	us-gaap	Preferred Stock Dividends Per Share Declared PreferredStockDividendsPerShareDeclared	2.1250
CY2022	us-gaap	Dividends Preferred Stock DividendsPreferredStock	3512000	usd
CY2022	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	2.0000
CY2022	us-gaap	Dividends Common Stock DividendsCommonStock	30839000	usd
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	448513000	usd
CY2023	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	3614000	usd
CY2023	nref	Increase Decrease In Retained Earning Due To Consolidation Of Real Estate IncreaseDecreaseInRetainedEarningDueToConsolidationOfRealEstate	-64434000	usd
CY2023	us-gaap	Preferred Stock Dividends And Other Adjustments PreferredStockDividendsAndOtherAdjustments	-3496000	usd
CY2023	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	10399000	usd
CY2023	us-gaap	Preferred Stock Dividends Per Share Declared PreferredStockDividendsPerShareDeclared	2.1250
CY2023	us-gaap	Dividends Preferred Stock DividendsPreferredStock	3496000	usd
CY2023	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	2.7400
CY2023	us-gaap	Dividends Common Stock DividendsCommonStock	49031000	usd
CY2023Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	347437000	usd
CY2023	us-gaap	Profit Loss ProfitLoss	18740000	usd
CY2022	us-gaap	Profit Loss ProfitLoss	14214000	usd
CY2021	us-gaap	Profit Loss ProfitLoss	83472000	usd
CY2023	us-gaap	Investment Income Amortization Of Premium InvestmentIncomeAmortizationOfPremium	15301000	usd
CY2022	us-gaap	Investment Income Amortization Of Premium InvestmentIncomeAmortizationOfPremium	20840000	usd
CY2021	us-gaap	Investment Income Amortization Of Premium InvestmentIncomeAmortizationOfPremium	15769000	usd
CY2023	us-gaap	Accretion Amortization Of Discounts And Premiums Investments AccretionAmortizationOfDiscountsAndPremiumsInvestments	13877000	usd
CY2022	us-gaap	Accretion Amortization Of Discounts And Premiums Investments AccretionAmortizationOfDiscountsAndPremiumsInvestments	13312000	usd
CY2021	us-gaap	Accretion Amortization Of Discounts And Premiums Investments AccretionAmortizationOfDiscountsAndPremiumsInvestments	9196000	usd
CY2023	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	2465000	usd
CY2022	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	2895000	usd
CY2021	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	0	usd
CY2022	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	48000	usd
CY2021	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	0	usd
CY2023	nref	Change In Fair Value On Interest Rate Caps ChangeInFairValueOnInterestRateCaps	1675000	usd
CY2022	nref	Change In Fair Value On Interest Rate Caps ChangeInFairValueOnInterestRateCaps	0	usd
CY2021	nref	Change In Fair Value On Interest Rate Caps ChangeInFairValueOnInterestRateCaps	0	usd
CY2023	nref	Net Cash Received Paid On Interest Rate Caps NetCashReceivedPaidOnInterestRateCaps	-440000	usd
CY2022	nref	Net Cash Received Paid On Interest Rate Caps NetCashReceivedPaidOnInterestRateCaps	0	usd
CY2021	nref	Net Cash Received Paid On Interest Rate Caps NetCashReceivedPaidOnInterestRateCaps	0	usd
CY2023	us-gaap	Provision For Loan Losses Expensed ProvisionForLoanLossesExpensed	4299000	usd
CY2022	us-gaap	Provision For Loan Losses Expensed ProvisionForLoanLossesExpensed	169000	usd
CY2021	us-gaap	Provision For Loan Losses Expensed ProvisionForLoanLossesExpensed	189000	usd
CY2023	us-gaap	Unrealized Gain Loss On Investments UnrealizedGainLossOnInvestments	-16820000	usd
CY2022	us-gaap	Unrealized Gain Loss On Investments UnrealizedGainLossOnInvestments	-44765000	usd
CY2021	us-gaap	Unrealized Gain Loss On Investments UnrealizedGainLossOnInvestments	43503000	usd
CY2023	us-gaap	Realized Investment Gains Losses RealizedInvestmentGainsLosses	0	usd
CY2022	us-gaap	Realized Investment Gains Losses RealizedInvestmentGainsLosses	-1084000	usd
CY2021	us-gaap	Realized Investment Gains Losses RealizedInvestmentGainsLosses	-257000	usd
CY2023	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	-2564000	usd
CY2022	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	0	usd
CY2021	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	0	usd
CY2023	nref	Gain Loss From Deconsolidation Of Variable Interest Entity GainLossFromDeconsolidationOfVariableInterestEntity	1490000	usd
CY2022	nref	Gain Loss From Deconsolidation Of Variable Interest Entity GainLossFromDeconsolidationOfVariableInterestEntity	0	usd
CY2021	nref	Gain Loss From Deconsolidation Of Variable Interest Entity GainLossFromDeconsolidationOfVariableInterestEntity	0	usd
CY2023	us-gaap	Share Based Compensation ShareBasedCompensation	4411000	usd
CY2022	us-gaap	Share Based Compensation ShareBasedCompensation	3286000	usd
CY2021	us-gaap	Share Based Compensation ShareBasedCompensation	2023000	usd
CY2023	nref	Payment In Kind PaymentInKind	8990000	usd
CY2022	nref	Payment In Kind PaymentInKind	715000	usd
CY2021	nref	Payment In Kind PaymentInKind	91000	usd
CY2023	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	0	usd
CY2022	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	17000	usd
CY2021	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	0	usd
CY2023	us-gaap	Increase Decrease In Interest And Dividends Receivable IncreaseDecreaseInInterestAndDividendsReceivable	4319000	usd
CY2022	us-gaap	Increase Decrease In Interest And Dividends Receivable IncreaseDecreaseInInterestAndDividendsReceivable	10247000	usd
CY2021	us-gaap	Increase Decrease In Interest And Dividends Receivable IncreaseDecreaseInInterestAndDividendsReceivable	3241000	usd
CY2023	us-gaap	Increase Decrease In Accounts Receivable And Other Operating Assets IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets	354000	usd
CY2022	us-gaap	Increase Decrease In Accounts Receivable And Other Operating Assets IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets	433000	usd
CY2021	us-gaap	Increase Decrease In Accounts Receivable And Other Operating Assets IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets	-352000	usd
CY2023	us-gaap	Increase Decrease In Interest Payable Net IncreaseDecreaseInInterestPayableNet	338000	usd
CY2022	us-gaap	Increase Decrease In Interest Payable Net IncreaseDecreaseInInterestPayableNet	2914000	usd
CY2021	us-gaap	Increase Decrease In Interest Payable Net IncreaseDecreaseInInterestPayableNet	1674000	usd
CY2023	us-gaap	Increase Decrease In Other Accounts Payable And Accrued Liabilities IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities	-2192000	usd
CY2022	us-gaap	Increase Decrease In Other Accounts Payable And Accrued Liabilities IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities	310000	usd
CY2021	us-gaap	Increase Decrease In Other Accounts Payable And Accrued Liabilities IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities	1593000	usd
CY2023	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	31556000	usd
CY2022	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	65801000	usd
CY2021	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	49298000	usd
CY2023	nref	Proceeds From Payments Received On Bridge Loan ProceedsFromPaymentsReceivedOnBridgeLoan	0	usd
CY2022	nref	Proceeds From Payments Received On Bridge Loan ProceedsFromPaymentsReceivedOnBridgeLoan	13500000	usd
CY2021	nref	Proceeds From Payments Received On Bridge Loan ProceedsFromPaymentsReceivedOnBridgeLoan	32759000	usd
CY2023	nref	Payments To Acquire Bridge Loan PaymentsToAcquireBridgeLoan	0	usd
CY2022	nref	Payments To Acquire Bridge Loan PaymentsToAcquireBridgeLoan	13434000	usd
CY2021	nref	Payments To Acquire Bridge Loan PaymentsToAcquireBridgeLoan	32595000	usd
CY2023	us-gaap	Payments To Acquire Loans Held For Investment PaymentsToAcquireLoansHeldForInvestment	92701000	usd
CY2021	us-gaap	Payments To Acquire Loans Held For Investment PaymentsToAcquireLoansHeldForInvestment	117727000	usd
CY2023	nref	Payments To Acquire Preferred Stock PaymentsToAcquirePreferredStock	14510000	usd
CY2022	nref	Payments To Acquire Preferred Stock PaymentsToAcquirePreferredStock	0	usd
CY2021	nref	Payments To Acquire Preferred Stock PaymentsToAcquirePreferredStock	0	usd
CY2023	us-gaap	Payments To Acquire Equity Method Investments PaymentsToAcquireEquityMethodInvestments	2564000	usd
CY2022	us-gaap	Payments To Acquire Equity Method Investments PaymentsToAcquireEquityMethodInvestments	0	usd
CY2021	us-gaap	Payments To Acquire Equity Method Investments PaymentsToAcquireEquityMethodInvestments	0	usd
CY2023	nref	Increase In Cash In Connection With Variable Interest Entity Consolidation Investing Activities IncreaseInCashInConnectionWithVariableInterestEntityConsolidationInvestingActivities	1814000	usd
CY2022	nref	Increase In Cash In Connection With Variable Interest Entity Consolidation Investing Activities IncreaseInCashInConnectionWithVariableInterestEntityConsolidationInvestingActivities	0	usd
CY2021	nref	Increase In Cash In Connection With Variable Interest Entity Consolidation Investing Activities IncreaseInCashInConnectionWithVariableInterestEntityConsolidationInvestingActivities	0	usd
CY2023	nref	Payments For Adjustment On Deconsolidation Of Real Estate PaymentsForAdjustmentOnDeconsolidationOfRealEstate	4992000	usd
CY2022	nref	Payments For Adjustment On Deconsolidation Of Real Estate PaymentsForAdjustmentOnDeconsolidationOfRealEstate	0	usd
CY2021	nref	Payments For Adjustment On Deconsolidation Of Real Estate PaymentsForAdjustmentOnDeconsolidationOfRealEstate	0	usd
CY2023	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	0	usd
CY2022	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	184552000	usd
CY2021	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	29789000	usd
CY2023	us-gaap	Payments To Acquire Real Estate Held For Investment PaymentsToAcquireRealEstateHeldForInvestment	526000	usd
CY2022	us-gaap	Payments To Acquire Real Estate Held For Investment PaymentsToAcquireRealEstateHeldForInvestment	117000	usd
CY2021	us-gaap	Payments To Acquire Real Estate Held For Investment PaymentsToAcquireRealEstateHeldForInvestment	0	usd
CY2023	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	741342000	usd
CY2022	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	950578000	usd
CY2021	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	517878000	usd
CY2023	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	38327000	usd
CY2022	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	98341000	usd
CY2021	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	54227000	usd
CY2023	nref	Borrowings Under Master Repurchase Agreements BorrowingsUnderMasterRepurchaseAgreements	55239000	usd
CY2022	nref	Borrowings Under Master Repurchase Agreements BorrowingsUnderMasterRepurchaseAgreements	130629000	usd
CY2021	nref	Borrowings Under Master Repurchase Agreements BorrowingsUnderMasterRepurchaseAgreements	153844000	usd
CY2023	nref	Payments For Securities Sold Under Agreements To Repurchase PaymentsForSecuritiesSoldUnderAgreementsToRepurchase	82745000	usd
CY2022	nref	Payments For Securities Sold Under Agreements To Repurchase PaymentsForSecuritiesSoldUnderAgreementsToRepurchase	85933000	usd
CY2021	nref	Payments For Securities Sold Under Agreements To Repurchase PaymentsForSecuritiesSoldUnderAgreementsToRepurchase	28985000	usd
CY2023	us-gaap	Proceeds From Unsecured Notes Payable ProceedsFromUnsecuredNotesPayable	13557000	usd
CY2022	us-gaap	Proceeds From Unsecured Notes Payable ProceedsFromUnsecuredNotesPayable	40674000	usd
CY2021	us-gaap	Proceeds From Unsecured Notes Payable ProceedsFromUnsecuredNotesPayable	132813000	usd
CY2023	us-gaap	Repayments Of Unsecured Debt RepaymentsOfUnsecuredDebt	0	usd
CY2022	us-gaap	Repayments Of Unsecured Debt RepaymentsOfUnsecuredDebt	4829000	usd
CY2021	us-gaap	Repayments Of Unsecured Debt RepaymentsOfUnsecuredDebt	304000	usd
CY2023	us-gaap	Proceeds From Subordinated Short Term Debt ProceedsFromSubordinatedShortTermDebt	0	usd
CY2022	us-gaap	Proceeds From Subordinated Short Term Debt ProceedsFromSubordinatedShortTermDebt	55000000	usd
CY2021	us-gaap	Proceeds From Subordinated Short Term Debt ProceedsFromSubordinatedShortTermDebt	20000000	usd
CY2023	us-gaap	Repayments Of Subordinated Short Term Debt RepaymentsOfSubordinatedShortTermDebt	0	usd
CY2022	us-gaap	Repayments Of Subordinated Short Term Debt RepaymentsOfSubordinatedShortTermDebt	55000000	usd
CY2021	us-gaap	Repayments Of Subordinated Short Term Debt RepaymentsOfSubordinatedShortTermDebt	20000000	usd
CY2023	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	0	usd
CY2022	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	156491000	usd
CY2021	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	32393000	usd
CY2023	nref	Increase In Mortages Payable In Connection With Vie Consolidation Financing Activities IncreaseInMortagesPayableInConnectionWithVIEConsolidationFinancingActivities	416000	usd
CY2022	nref	Increase In Mortages Payable In Connection With Vie Consolidation Financing Activities IncreaseInMortagesPayableInConnectionWithVIEConsolidationFinancingActivities		usd
CY2021	nref	Increase In Mortages Payable In Connection With Vie Consolidation Financing Activities IncreaseInMortagesPayableInConnectionWithVIEConsolidationFinancingActivities		usd
CY2023	nref	Principal Repayments On Mortgages Payable PrincipalRepaymentsOnMortgagesPayable	22000	usd
CY2022	nref	Principal Repayments On Mortgages Payable PrincipalRepaymentsOnMortgagesPayable	0	usd
CY2021	nref	Principal Repayments On Mortgages Payable PrincipalRepaymentsOnMortgagesPayable	0	usd
CY2023	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	797000	usd
CY2022	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	495000	usd
CY2021	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	323000	usd
CY2023	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	47950000	usd
CY2022	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	29652000	usd
CY2021	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	14164000	usd
CY2023	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	12092000	usd
CY2022	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	14277000	usd
CY2021	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	22241000	usd
CY2023	us-gaap	Proceeds From Minority Shareholders ProceedsFromMinorityShareholders	0	usd
CY2022	us-gaap	Proceeds From Minority Shareholders ProceedsFromMinorityShareholders	67255000	usd
CY2021	us-gaap	Proceeds From Minority Shareholders ProceedsFromMinorityShareholders	0	usd
CY2023	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-776596000	usd
CY2022	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-1029264000	usd
CY2021	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-567415000	usd
CY2023	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-3698000	usd
CY2022	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-12885000	usd
CY2021	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-239000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	20347000	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	33232000	usd
CY2020Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	33471000	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	16649000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	20347000	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	33232000	usd
CY2023	us-gaap	Interest Paid Net InterestPaidNet	51337000	usd
CY2022	us-gaap	Interest Paid Net InterestPaidNet	35416000	usd
CY2021	us-gaap	Interest Paid Net InterestPaidNet	27546000	usd
CY2023	nref	Accounts And Financing Receivable After Allowance For Credit Loss Valuation Adjustment Due To Deconsolidation Of Real Estate AccountsAndFinancingReceivableAfterAllowanceForCreditLossValuationAdjustmentDueToDeconsolidationOfRealEstate	36022000	usd
CY2022	nref	Accounts And Financing Receivable After Allowance For Credit Loss Valuation Adjustment Due To Deconsolidation Of Real Estate AccountsAndFinancingReceivableAfterAllowanceForCreditLossValuationAdjustmentDueToDeconsolidationOfRealEstate	0	usd
CY2021	nref	Accounts And Financing Receivable After Allowance For Credit Loss Valuation Adjustment Due To Deconsolidation Of Real Estate AccountsAndFinancingReceivableAfterAllowanceForCreditLossValuationAdjustmentDueToDeconsolidationOfRealEstate	0	usd
CY2023	nref	Real Estate Investment Property Net Valuation Adjustment Due To Deconsolidation Of Real Estate RealEstateInvestmentPropertyNetValuationAdjustmentDueToDeconsolidationOfRealEstate	-185732000	usd
CY2022	nref	Real Estate Investment Property Net Valuation Adjustment Due To Deconsolidation Of Real Estate RealEstateInvestmentPropertyNetValuationAdjustmentDueToDeconsolidationOfRealEstate	0	usd
CY2021	nref	Real Estate Investment Property Net Valuation Adjustment Due To Deconsolidation Of Real Estate RealEstateInvestmentPropertyNetValuationAdjustmentDueToDeconsolidationOfRealEstate	0	usd
CY2023	nref	Nontrade Receivables Valuation Adjustment Due To Deconsolidation Of Real Estate NontradeReceivablesValuationAdjustmentDueToDeconsolidationOfRealEstate	2049000	usd
CY2022	nref	Nontrade Receivables Valuation Adjustment Due To Deconsolidation Of Real Estate NontradeReceivablesValuationAdjustmentDueToDeconsolidationOfRealEstate	0	usd
CY2021	nref	Nontrade Receivables Valuation Adjustment Due To Deconsolidation Of Real Estate NontradeReceivablesValuationAdjustmentDueToDeconsolidationOfRealEstate	0	usd
CY2023	nref	Accounts Receivable And Other Assets Valuation Adjustment Due To Deconsolidation Of Real Estate AccountsReceivableAndOtherAssetsValuationAdjustmentDueToDeconsolidationOfRealEstate	-799000	usd
CY2022	nref	Accounts Receivable And Other Assets Valuation Adjustment Due To Deconsolidation Of Real Estate AccountsReceivableAndOtherAssetsValuationAdjustmentDueToDeconsolidationOfRealEstate	0	usd
CY2021	nref	Accounts Receivable And Other Assets Valuation Adjustment Due To Deconsolidation Of Real Estate AccountsReceivableAndOtherAssetsValuationAdjustmentDueToDeconsolidationOfRealEstate	0	usd
CY2023	nref	Secured Debt Valuation Adjustment Due To Deconsolidation Of Real Estate SecuredDebtValuationAdjustmentDueToDeconsolidationOfRealEstate	89012000	usd
CY2022	nref	Secured Debt Valuation Adjustment Due To Deconsolidation Of Real Estate SecuredDebtValuationAdjustmentDueToDeconsolidationOfRealEstate	0	usd
CY2021	nref	Secured Debt Valuation Adjustment Due To Deconsolidation Of Real Estate SecuredDebtValuationAdjustmentDueToDeconsolidationOfRealEstate	0	usd
CY2023	nref	Accounts Payable And Other Accrued Liabilities Valuation Adjustment Due To Deconsolidation Of Real Estate AccountsPayableAndOtherAccruedLiabilitiesValuationAdjustmentDueToDeconsolidationOfRealEstate	705000	usd
CY2022	nref	Accounts Payable And Other Accrued Liabilities Valuation Adjustment Due To Deconsolidation Of Real Estate AccountsPayableAndOtherAccruedLiabilitiesValuationAdjustmentDueToDeconsolidationOfRealEstate	0	usd
CY2021	nref	Accounts Payable And Other Accrued Liabilities Valuation Adjustment Due To Deconsolidation Of Real Estate AccountsPayableAndOtherAccruedLiabilitiesValuationAdjustmentDueToDeconsolidationOfRealEstate	0	usd
CY2023	nref	Interest Payable Valuation Adjustment Due To Deconsolidation Of Real Estate InterestPayableValuationAdjustmentDueToDeconsolidationOfRealEstate	1087000	usd
CY2022	nref	Interest Payable Valuation Adjustment Due To Deconsolidation Of Real Estate InterestPayableValuationAdjustmentDueToDeconsolidationOfRealEstate	0	usd
CY2021	nref	Interest Payable Valuation Adjustment Due To Deconsolidation Of Real Estate InterestPayableValuationAdjustmentDueToDeconsolidationOfRealEstate	0	usd
CY2023	nref	Stockholders Equity Attributable To Noncontrolling Interest Valuation Adjustment Due To Deconsolidation Of Real Estate StockholdersEquityAttributableToNoncontrollingInterestValuationAdjustmentDueToDeconsolidationOfRealEstate	64434000	usd
CY2022	nref	Stockholders Equity Attributable To Noncontrolling Interest Valuation Adjustment Due To Deconsolidation Of Real Estate StockholdersEquityAttributableToNoncontrollingInterestValuationAdjustmentDueToDeconsolidationOfRealEstate	0	usd
CY2021	nref	Stockholders Equity Attributable To Noncontrolling Interest Valuation Adjustment Due To Deconsolidation Of Real Estate StockholdersEquityAttributableToNoncontrollingInterestValuationAdjustmentDueToDeconsolidationOfRealEstate	0	usd
CY2023	nref	Retained Earnings Accumulated Deficit Valuation Adjustment Due To Deconsolidation Of Real Estate RetainedEarningsAccumulatedDeficitValuationAdjustmentDueToDeconsolidationOfRealEstate	1490000	usd
CY2022	nref	Retained Earnings Accumulated Deficit Valuation Adjustment Due To Deconsolidation Of Real Estate RetainedEarningsAccumulatedDeficitValuationAdjustmentDueToDeconsolidationOfRealEstate	0	usd
CY2021	nref	Retained Earnings Accumulated Deficit Valuation Adjustment Due To Deconsolidation Of Real Estate RetainedEarningsAccumulatedDeficitValuationAdjustmentDueToDeconsolidationOfRealEstate	0	usd
CY2023	nref	Redeemable Noncontrolling Interest Equity Carrying Amount Valuation Adjustment Due To Deconsolidation Of Real Estate RedeemableNoncontrollingInterestEquityCarryingAmountValuationAdjustmentDueToDeconsolidationOfRealEstate	297000	usd
CY2022	nref	Redeemable Noncontrolling Interest Equity Carrying Amount Valuation Adjustment Due To Deconsolidation Of Real Estate RedeemableNoncontrollingInterestEquityCarryingAmountValuationAdjustmentDueToDeconsolidationOfRealEstate	0	usd
CY2021	nref	Redeemable Noncontrolling Interest Equity Carrying Amount Valuation Adjustment Due To Deconsolidation Of Real Estate RedeemableNoncontrollingInterestEquityCarryingAmountValuationAdjustmentDueToDeconsolidationOfRealEstate	0	usd
CY2023	nref	Increase In Dividends Payable Upon Vesting Of Rs Us IncreaseInDividendsPayableUponVestingOfRSUs	1081000	usd
CY2022	nref	Increase In Dividends Payable Upon Vesting Of Rs Us IncreaseInDividendsPayableUponVestingOfRSUs	1187000	usd
CY2021	nref	Increase In Dividends Payable Upon Vesting Of Rs Us IncreaseInDividendsPayableUponVestingOfRSUs	0	usd
CY2023	nref	Consolidation Of Mortgage Loans And Bonds Payable Held In Variable Interest Entities ConsolidationOfMortgageLoansAndBondsPayableHeldInVariableInterestEntities	-448396000	usd
CY2022	nref	Consolidation Of Mortgage Loans And Bonds Payable Held In Variable Interest Entities ConsolidationOfMortgageLoansAndBondsPayableHeldInVariableInterestEntities	0	usd
CY2021	nref	Consolidation Of Mortgage Loans And Bonds Payable Held In Variable Interest Entities ConsolidationOfMortgageLoansAndBondsPayableHeldInVariableInterestEntities	0	usd
CY2023	us-gaap	Stock Issued During Period Value Conversion Of Convertible Securities StockIssuedDuringPeriodValueConversionOfConvertibleSecurities	0	usd
CY2022	us-gaap	Stock Issued During Period Value Conversion Of Convertible Securities StockIssuedDuringPeriodValueConversionOfConvertibleSecurities	1244826000	usd
CY2021	us-gaap	Stock Issued During Period Value Conversion Of Convertible Securities StockIssuedDuringPeriodValueConversionOfConvertibleSecurities	2946224000	usd
CY2023	nref	Due To Brokers For Repurchase Of Unsecured Notes Not Yet Settled DueToBrokersForRepurchaseOfUnsecuredNotesNotYetSettled	0	usd
CY2022	nref	Due To Brokers For Repurchase Of Unsecured Notes Not Yet Settled DueToBrokersForRepurchaseOfUnsecuredNotesNotYetSettled	25000000	usd
CY2021	nref	Due To Brokers For Repurchase Of Unsecured Notes Not Yet Settled DueToBrokersForRepurchaseOfUnsecuredNotesNotYetSettled	0	usd
CY2023	nref	Adjustment To Loans Held For Investment Net On Consolidation Of Real Estate AdjustmentToLoansHeldForInvestmentNetOnConsolidationOfRealEstate	-9685000	usd
CY2022	nref	Adjustment To Loans Held For Investment Net On Consolidation Of Real Estate AdjustmentToLoansHeldForInvestmentNetOnConsolidationOfRealEstate	0	usd
CY2021	nref	Adjustment To Loans Held For Investment Net On Consolidation Of Real Estate AdjustmentToLoansHeldForInvestmentNetOnConsolidationOfRealEstate	0	usd
CY2023	nref	Adjustment To Real Estate Investments Net On Consolidation Of Real Estate AdjustmentToRealEstateInvestmentsNetOnConsolidationOfRealEstate	69000000	usd
CY2022	nref	Adjustment To Real Estate Investments Net On Consolidation Of Real Estate AdjustmentToRealEstateInvestmentsNetOnConsolidationOfRealEstate	0	usd
CY2021	nref	Adjustment To Real Estate Investments Net On Consolidation Of Real Estate AdjustmentToRealEstateInvestmentsNetOnConsolidationOfRealEstate	0	usd
CY2023	nref	Adjustment To Accounts Receivable And Other Assets On Consolidation Of Real Estate AdjustmentToAccountsReceivableAndOtherAssetsOnConsolidationOfRealEstate	445000	usd
CY2022	nref	Adjustment To Accounts Receivable And Other Assets On Consolidation Of Real Estate AdjustmentToAccountsReceivableAndOtherAssetsOnConsolidationOfRealEstate	0	usd
CY2021	nref	Adjustment To Accounts Receivable And Other Assets On Consolidation Of Real Estate AdjustmentToAccountsReceivableAndOtherAssetsOnConsolidationOfRealEstate	0	usd
CY2023	nref	Adjustment To Mortgages Payable Net On Consolidation Of Real Estate AdjustmentToMortgagesPayableNetOnConsolidationOfRealEstate	-63084000	usd
CY2022	nref	Adjustment To Mortgages Payable Net On Consolidation Of Real Estate AdjustmentToMortgagesPayableNetOnConsolidationOfRealEstate	0	usd
CY2021	nref	Adjustment To Mortgages Payable Net On Consolidation Of Real Estate AdjustmentToMortgagesPayableNetOnConsolidationOfRealEstate	0	usd
CY2023	nref	Adjustment To Accrued Interest Payable On Consolidation Of Real Estate AdjustmentToAccruedInterestPayableOnConsolidationOfRealEstate	-972000	usd
CY2022	nref	Adjustment To Accrued Interest Payable On Consolidation Of Real Estate AdjustmentToAccruedInterestPayableOnConsolidationOfRealEstate	0	usd
CY2021	nref	Adjustment To Accrued Interest Payable On Consolidation Of Real Estate AdjustmentToAccruedInterestPayableOnConsolidationOfRealEstate	0	usd
CY2023	nref	Adjustment To Accounts Payable And Accrued Liabilites On Consolidation Of Real Estate AdjustmentToAccountsPayableAndAccruedLiabilitesOnConsolidationOfRealEstate	-2436000	usd
CY2022	nref	Adjustment To Accounts Payable And Accrued Liabilites On Consolidation Of Real Estate AdjustmentToAccountsPayableAndAccruedLiabilitesOnConsolidationOfRealEstate	0	usd
CY2021	nref	Adjustment To Accounts Payable And Accrued Liabilites On Consolidation Of Real Estate AdjustmentToAccountsPayableAndAccruedLiabilitesOnConsolidationOfRealEstate	0	usd
CY2023	nref	Consolidation Of Noncontrolling Interest In Cmbs Variable Interest Entities ConsolidationOfNoncontrollingInterestInCMBSVariableInterestEntities	0	usd
CY2022	nref	Consolidation Of Noncontrolling Interest In Cmbs Variable Interest Entities ConsolidationOfNoncontrollingInterestInCMBSVariableInterestEntities	0	usd
CY2021	nref	Consolidation Of Noncontrolling Interest In Cmbs Variable Interest Entities ConsolidationOfNoncontrollingInterestInCMBSVariableInterestEntities	7175000	usd
CY2023	nref	Increase In Dividends Payable Upon Vesting Of Restricted Stock Units IncreaseInDividendsPayableUponVestingOfRestrictedStockUnits	0	usd
CY2022	nref	Increase In Dividends Payable Upon Vesting Of Restricted Stock Units IncreaseInDividendsPayableUponVestingOfRestrictedStockUnits	0	usd
CY2021	nref	Increase In Dividends Payable Upon Vesting Of Restricted Stock Units IncreaseInDividendsPayableUponVestingOfRestrictedStockUnits	531000	usd
CY2023	nref	Other Assets Acquired From Acquisitions OtherAssetsAcquiredFromAcquisitions	0	usd
CY2022	nref	Other Assets Acquired From Acquisitions OtherAssetsAcquiredFromAcquisitions	0	usd
CY2021	nref	Other Assets Acquired From Acquisitions OtherAssetsAcquiredFromAcquisitions	14000	usd
CY2023	nref	Liabilities Assumed From Acquisitions LiabilitiesAssumedFromAcquisitions	0	usd
CY2022	nref	Liabilities Assumed From Acquisitions LiabilitiesAssumedFromAcquisitions	0	usd
CY2021	nref	Liabilities Assumed From Acquisitions LiabilitiesAssumedFromAcquisitions	47000	usd
CY2023	nref	Assumed Debt On Acquisitions AssumedDebtOnAcquisitions	0	usd
CY2022	nref	Assumed Debt On Acquisitions AssumedDebtOnAcquisitions	0	usd
CY2021	nref	Assumed Debt On Acquisitions AssumedDebtOnAcquisitions	32480000	usd
CY2023	nref	Company Management Term CompanyManagementTerm	P1Y
CY2023	nref	Company Management Term CompanyManagementTerm	P1Y
CY2023Q1	us-gaap	Allowance For Notes And Loans Receivable Current AllowanceForNotesAndLoansReceivableCurrent	2300000	usd
CY2023Q4	us-gaap	Allowance For Notes And Loans Receivable Current AllowanceForNotesAndLoansReceivableCurrent	2100000	usd
CY2023	us-gaap	Use Of Estimates UseOfEstimates	<div style="margin-top:10pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Use of Estimates and Assumptions</span></div><div style="margin-top:10pt;text-align:justify;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of the consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosures of contingent assets and liabilities at the date of the consolidated financial statements, and the reported amounts of revenues and expenses during the reporting periods. It is at least reasonably possible that these estimates could change in the near term. Estimates are inherently subjective in nature and actual results could differ from our estimates and the differences could be material.</span></div>
CY2023Q4	nref	Number Of Classes Of Stock NumberOfClassesOfStock	3	unit
CY2022Q4	us-gaap	Loans And Leases Receivable Allowance LoansAndLeasesReceivableAllowance	700000	usd
CY2023Q4	nref	Loans And Preferred Equity Gross LoansAndPreferredEquityGross	973876000	usd
CY2023Q4	nref	Loans And Preferred Equity Net Including Purchase Premiums Discounts And Allowance For Loan Losses LoansAndPreferredEquityNetIncludingPurchasePremiumsDiscountsAndAllowanceForLoanLosses	1004880000	usd
CY2023Q4	nref	Loans And Leases Receivable Number Of Loans LoansAndLeasesReceivableNumberOfLoans	48	loan
CY2023Q4	nref	Loans And Leases Receivable Weighted Average Fixed Rate LoansAndLeasesReceivableWeightedAverageFixedRate	0.8482
CY2023Q4	nref	Loans And Leases Receivable Weighted Average Coupon LoansAndLeasesReceivableWeightedAverageCoupon	0.0694
CY2023	nref	Loans And Leases Receivable Weighted Average Life LoansAndLeasesReceivableWeightedAverageLife	P4Y1M24D
CY2022Q4	nref	Loans And Preferred Equity Gross LoansAndPreferredEquityGross	942449000	usd
CY2022Q4	nref	Loans And Preferred Equity Net Including Purchase Premiums Discounts And Allowance For Loan Losses LoansAndPreferredEquityNetIncludingPurchasePremiumsDiscountsAndAllowanceForLoanLosses	982678000	usd
CY2022Q4	nref	Loans And Leases Receivable Number Of Loans LoansAndLeasesReceivableNumberOfLoans	48	loan
CY2022Q4	nref	Loans And Leases Receivable Weighted Average Fixed Rate LoansAndLeasesReceivableWeightedAverageFixedRate	0.9064
CY2022Q4	nref	Loans And Leases Receivable Weighted Average Coupon LoansAndLeasesReceivableWeightedAverageCoupon	0.0643
CY2022	nref	Loans And Leases Receivable Weighted Average Life LoansAndLeasesReceivableWeightedAverageLife	P5Y1M9D
CY2023	nref	Reversal Of Specific Reserve Of Credit Losses ReversalOfSpecificReserveOfCreditLosses	4502000	usd
CY2022	nref	Reversal Of Specific Reserve Of Credit Losses ReversalOfSpecificReserveOfCreditLosses	0	usd
CY2023Q4	us-gaap	Financing Receivable Unamortized Purchase Premium Discount FinancingReceivableUnamortizedPurchasePremiumDiscount	33100000	usd
CY2022Q4	us-gaap	Financing Receivable Unamortized Purchase Premium Discount FinancingReceivableUnamortizedPurchasePremiumDiscount	40900000	usd
CY2023Q4	nref	Loans And Leases Receivable Number Of Loans LoansAndLeasesReceivableNumberOfLoans	48	loan
CY2023Q4	nref	Loans And Preferred Equity Net Amount LoansAndPreferredEquityNetAmount	1004880000	usd
CY2023Q4	nref	Percentage Of Loan Portfolio PercentageOfLoanPortfolio	1.0000
CY2022Q4	nref	Loans And Leases Receivable Number Of Loans LoansAndLeasesReceivableNumberOfLoans	48	loan
CY2022Q4	nref	Loans And Preferred Equity Net Amount LoansAndPreferredEquityNetAmount	982678000	usd
CY2022Q4	nref	Percentage Of Loan Portfolio PercentageOfLoanPortfolio	1.0000
CY2023Q4	nref	Loan Portfolio Weighted Average Risk Rating LoanPortfolioWeightedAverageRiskRating	3.0
CY2022Q4	nref	Loan Portfolio Weighted Average Risk Rating LoanPortfolioWeightedAverageRiskRating	3.0
CY2023Q4	nref	Loans And Leases Receivable Number Of Loans LoansAndLeasesReceivableNumberOfLoans	48	unit
CY2023Q4	nref	Financing Receivable Outstanding Principal FinancingReceivableOutstandingPrincipal	973876000	usd
CY2023Q4	us-gaap	Financing Receivable Originated In Current Fiscal Year FinancingReceivableOriginatedInCurrentFiscalYear	82879000	usd
CY2023Q4	us-gaap	Financing Receivable Originated In Fiscal Year Before Latest Fiscal Year FinancingReceivableOriginatedInFiscalYearBeforeLatestFiscalYear	82087000	usd
CY2023Q4	us-gaap	Financing Receivable Originated Two Years Before Latest Fiscal Year FinancingReceivableOriginatedTwoYearsBeforeLatestFiscalYear	40981000	usd
CY2023Q4	us-gaap	Financing Receivable Originated Three Years Before Latest Fiscal Year FinancingReceivableOriginatedThreeYearsBeforeLatestFiscalYear	19158000	usd
CY2023Q4	us-gaap	Financing Receivable Originated Four Years Before Latest Fiscal Year FinancingReceivableOriginatedFourYearsBeforeLatestFiscalYear	759828000	usd
CY2023Q4	us-gaap	Financing Receivable Originated Five Or More Years Before Latest Fiscal Year FinancingReceivableOriginatedFiveOrMoreYearsBeforeLatestFiscalYear	19947000	usd
CY2023Q4	us-gaap	Notes Receivable Gross NotesReceivableGross	1004880000	usd
CY2022Q4	nref	Loans And Leases Receivable Number Of Loans LoansAndLeasesReceivableNumberOfLoans	48	unit
CY2022Q4	nref	Financing Receivable Outstanding Principal FinancingReceivableOutstandingPrincipal	999080000	usd
CY2022Q4	us-gaap	Financing Receivable Originated In Current Fiscal Year FinancingReceivableOriginatedInCurrentFiscalYear	72606000	usd
CY2022Q4	us-gaap	Financing Receivable Originated In Fiscal Year Before Latest Fiscal Year FinancingReceivableOriginatedInFiscalYearBeforeLatestFiscalYear	98129000	usd
CY2022Q4	us-gaap	Financing Receivable Originated Two Years Before Latest Fiscal Year FinancingReceivableOriginatedTwoYearsBeforeLatestFiscalYear	17500000	usd
CY2022Q4	us-gaap	Financing Receivable Originated Three Years Before Latest Fiscal Year FinancingReceivableOriginatedThreeYearsBeforeLatestFiscalYear	774381000	usd
CY2022Q4	us-gaap	Financing Receivable Originated Four Years Before Latest Fiscal Year FinancingReceivableOriginatedFourYearsBeforeLatestFiscalYear	20062000	usd
CY2022Q4	us-gaap	Financing Receivable Originated Five Or More Years Before Latest Fiscal Year FinancingReceivableOriginatedFiveOrMoreYearsBeforeLatestFiscalYear	0	usd
CY2022Q4	us-gaap	Notes Receivable Gross NotesReceivableGross	982678000	usd
CY2023Q4	nref	Percentage Of Loan Portfolio PercentageOfLoanPortfolio	1.0000
CY2022Q4	nref	Percentage Of Loan Portfolio PercentageOfLoanPortfolio	1.0000
CY2023Q4	nref	Percentage Of Loan Portfolio PercentageOfLoanPortfolio	1.0000
CY2022Q4	nref	Percentage Of Loan Portfolio PercentageOfLoanPortfolio	1.0000
CY2023Q4	us-gaap	Preferred Stock Dividend Rate Percentage PreferredStockDividendRatePercentage	0.105
CY2023Q4	nref	Number Of Cmbsio Strips NumberOfCMBSIOStrips	12	strip
CY2023Q4	nref	Number Of Mscr Notes NumberOfMSCRNotes	3	note
CY2023Q4	nref	Number Of Mortgage Backed Securities NumberOfMortgageBackedSecurities	7	security
CY2023	us-gaap	Debt Securities Trading Realized Gain DebtSecuritiesTradingRealizedGain	0	usd
CY2022	us-gaap	Debt Securities Trading Realized Gain DebtSecuritiesTradingRealizedGain	0	usd
CY2021	us-gaap	Debt Securities Trading Realized Gain DebtSecuritiesTradingRealizedGain	484000	usd
CY2023	nref	Interest Income And Gains Loss On Debt Securities Trading InterestIncomeAndGainsLossOnDebtSecuritiesTrading	4970000	usd
CY2022	nref	Interest Income And Gains Loss On Debt Securities Trading InterestIncomeAndGainsLossOnDebtSecuritiesTrading	-8279000	usd
CY2021	nref	Interest Income And Gains Loss On Debt Securities Trading InterestIncomeAndGainsLossOnDebtSecuritiesTrading	3053000	usd
CY2023Q4	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	4404000	usd
CY2023Q4	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	126551000	usd
CY2022Q4	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	1940000	usd
CY2022Q4	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	245222000	usd
CY2023	nref	Total Expenses TotalExpenses	6678000	usd
CY2022	nref	Total Expenses TotalExpenses	11398000	usd
CY2020Q2	nref	Number Of Subsidiaries NumberOfSubsidiaries	3	subsidiary
CY2020Q2	nref	Number Of Subsidiaries NumberOfSubsidiaries	3	subsidiary
CY2019Q3	nref	Number Of Subsidiaries NumberOfSubsidiaries	2	subsidiary
CY2023Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Next Twelve Months LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths	367014000	usd
CY2023Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Two LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo	67916000	usd
CY2023Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Three LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree	189284000	usd
CY2023Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Four LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour	6500000	usd
CY2023Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Five LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive	576031000	usd
CY2023Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal After Year Five LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive	65193000	usd
CY2023Q4	us-gaap	Long Term Debt LongTermDebt	1271938000	usd
CY2023Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	17518900	shares
CY2023Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	17231913	shares
CY2020Q1	us-gaap	Stock Repurchase Program Authorized Amount1 StockRepurchaseProgramAuthorizedAmount1	10000000	usd
CY2020Q1	us-gaap	Stock Repurchase Program Period In Force1 StockRepurchaseProgramPeriodInForce1	P2Y
	us-gaap	Treasury Stock Shares Acquired TreasuryStockSharesAcquired	327422	shares
CY2022Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	4800000	usd
	us-gaap	Treasury Stock Acquired Average Cost Per Share TreasuryStockAcquiredAverageCostPerShare	14.61
CY2021Q1	us-gaap	Treasury Stock Shares Retired TreasuryStockSharesRetired	40435	shares
CY2021Q1	us-gaap	Treasury Stock Common Shares TreasuryStockCommonShares	286987	shares
CY2023Q1	us-gaap	Stock Repurchase Program Authorized Amount1 StockRepurchaseProgramAuthorizedAmount1	20000000	usd
CY2023Q1	us-gaap	Stock Repurchase Program Period In Force1 StockRepurchaseProgramPeriodInForce1	P2Y
CY2023Q4	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Share Based Awards Other Than Options EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions	9800000	usd
CY2021Q3	nref	Stock Issuance Agreement Number Of Shares StockIssuanceAgreementNumberOfShares	13758906	shares
CY2023	nref	Stock Issued During Period Shares Conversion Of Redeemable Noncontrolling Interests StockIssuedDuringPeriodSharesConversionOfRedeemableNoncontrollingInterests	8748735	shares
CY2023	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	10399000	usd
CY2022	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	3234000	usd
CY2021	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	39577000	usd
CY2023	us-gaap	Net Income Loss Attributable To Redeemable Noncontrolling Interest NetIncomeLossAttributableToRedeemableNoncontrollingInterest	4765000	usd
CY2022	us-gaap	Net Income Loss Attributable To Redeemable Noncontrolling Interest NetIncomeLossAttributableToRedeemableNoncontrollingInterest	4969000	usd
CY2021	us-gaap	Net Income Loss Attributable To Redeemable Noncontrolling Interest NetIncomeLossAttributableToRedeemableNoncontrollingInterest	40387000	usd
CY2023	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	15164000	usd
CY2022	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	8203000	usd
CY2021	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	79964000	usd
CY2023	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	17199000	shares
CY2022	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	14686000	shares
CY2021	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	6601000	shares
CY2023	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	740000	shares
CY2022	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	571000	shares
CY2021	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	444000	shares
CY2023	nref	Average Number Of Op Units And Sub Op Units AverageNumberOfOPUnitsAndSubOPUnits	5038000	shares
CY2022	nref	Average Number Of Op Units And Sub Op Units AverageNumberOfOPUnitsAndSubOPUnits	7218000	shares
CY2021	nref	Average Number Of Op Units And Sub Op Units AverageNumberOfOPUnitsAndSubOPUnits	13321000	shares
CY2023	nref	Incremental Common Shares Attributable To Dilutive Effect From Shares Assumed Conversion Of Preferred Stock IncrementalCommonSharesAttributableToDilutiveEffectFromSharesAssumedConversionOfPreferredStock	24000	shares
CY2022	nref	Incremental Common Shares Attributable To Dilutive Effect From Shares Assumed Conversion Of Preferred Stock IncrementalCommonSharesAttributableToDilutiveEffectFromSharesAssumedConversionOfPreferredStock	0	shares
CY2021	nref	Incremental Common Shares Attributable To Dilutive Effect From Shares Assumed Conversion Of Preferred Stock IncrementalCommonSharesAttributableToDilutiveEffectFromSharesAssumedConversionOfPreferredStock	0	shares
CY2023	nref	Weighted Average Number Of Diluted Shares Outstanding Including Op Unit Effect WeightedAverageNumberOfDilutedSharesOutstandingIncludingOpUnitEffect	23001000	shares
CY2022	nref	Weighted Average Number Of Diluted Shares Outstanding Including Op Unit Effect WeightedAverageNumberOfDilutedSharesOutstandingIncludingOpUnitEffect	22475000	shares
CY2021	nref	Weighted Average Number Of Diluted Shares Outstanding Including Op Unit Effect WeightedAverageNumberOfDilutedSharesOutstandingIncludingOpUnitEffect	20366000	shares
CY2023	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.60
CY2022	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.22
CY2021	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	6.00
CY2023	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.60
CY2022	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.22
CY2021	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	3.93
CY2022Q4	us-gaap	Redeemable Noncontrolling Interest Equity Carrying Amount RedeemableNoncontrollingInterestEquityCarryingAmount	96501000	usd
CY2021Q4	us-gaap	Redeemable Noncontrolling Interest Equity Carrying Amount RedeemableNoncontrollingInterestEquityCarryingAmount	261423000	usd
CY2020Q4	us-gaap	Redeemable Noncontrolling Interest Equity Carrying Amount RedeemableNoncontrollingInterestEquityCarryingAmount	275670000	usd
CY2023	nref	Redeemable Noncontrolling Interest Equity Carrying Amount Valuation Adjustment Due To Deconsolidation Of Real Estate RedeemableNoncontrollingInterestEquityCarryingAmountValuationAdjustmentDueToDeconsolidationOfRealEstate	297000	usd
CY2022	nref	Redeemable Noncontrolling Interest Equity Carrying Amount Valuation Adjustment Due To Deconsolidation Of Real Estate RedeemableNoncontrollingInterestEquityCarryingAmountValuationAdjustmentDueToDeconsolidationOfRealEstate	0	usd
CY2021	nref	Redeemable Noncontrolling Interest Equity Carrying Amount Valuation Adjustment Due To Deconsolidation Of Real Estate RedeemableNoncontrollingInterestEquityCarryingAmountValuationAdjustmentDueToDeconsolidationOfRealEstate	0	usd
CY2023	us-gaap	Temporary Equity Net Income TemporaryEquityNetIncome	4765000	usd
CY2022	us-gaap	Temporary Equity Net Income TemporaryEquityNetIncome	4969000	usd
CY2021	us-gaap	Temporary Equity Net Income TemporaryEquityNetIncome	40387000	usd
CY2023	us-gaap	Minority Interest Decrease From Redemptions MinorityInterestDecreaseFromRedemptions	0	usd
CY2022	us-gaap	Minority Interest Decrease From Redemptions MinorityInterestDecreaseFromRedemptions	155614000	usd
CY2021	us-gaap	Minority Interest Decrease From Redemptions MinorityInterestDecreaseFromRedemptions	32393000	usd
CY2023	nref	Distributions To Redeemable Noncontrolling Interests On Operating Partnership DistributionsToRedeemableNoncontrollingInterestsOnOperatingPartnership	12092000	usd
CY2022	nref	Distributions To Redeemable Noncontrolling Interests On Operating Partnership DistributionsToRedeemableNoncontrollingInterestsOnOperatingPartnership	14277000	usd
CY2021	nref	Distributions To Redeemable Noncontrolling Interests On Operating Partnership DistributionsToRedeemableNoncontrollingInterestsOnOperatingPartnership	22241000	usd
CY2023Q4	us-gaap	Redeemable Noncontrolling Interest Equity Carrying Amount RedeemableNoncontrollingInterestEquityCarryingAmount	89471000	usd
CY2022Q4	us-gaap	Redeemable Noncontrolling Interest Equity Carrying Amount RedeemableNoncontrollingInterestEquityCarryingAmount	96501000	usd
CY2021Q4	us-gaap	Redeemable Noncontrolling Interest Equity Carrying Amount RedeemableNoncontrollingInterestEquityCarryingAmount	261423000	usd
CY2023Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	17231913	shares
CY2023Q4	nref	Common Stock And Partner Units Shares Outstanding CommonStockAndPartnerUnitsSharesOutstanding	22270295	shares
CY2022Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	17079943	shares
CY2022Q4	nref	Common Stock And Partner Units Shares Outstanding CommonStockAndPartnerUnitsSharesOutstanding	22118325	shares
CY2022	us-gaap	Payment For Management Fee PaymentForManagementFee	0	usd
CY2023	us-gaap	Payment For Management Fee PaymentForManagementFee	0	usd
CY2021	us-gaap	Payment For Management Fee PaymentForManagementFee	0	usd
CY2021Q3	nref	Stock Issuance Agreement Number Of Shares StockIssuanceAgreementNumberOfShares	13758906	shares
CY2023Q4	nref	Noncontrolling Interest Shares Redeemed NoncontrollingInterestSharesRedeemed	8748735	shares
CY2023Q4	nref	Stock Issued During Period Shares Conversion Of Redeemable Noncontrolling Interests StockIssuedDuringPeriodSharesConversionOfRedeemableNoncontrollingInterests	8748735	shares
CY2023	us-gaap	Management Fee Expense ManagementFeeExpense	3300000	usd
CY2022	us-gaap	Management Fee Expense ManagementFeeExpense	3200000	usd
CY2021	us-gaap	Management Fee Expense ManagementFeeExpense	2300000	usd
CY2022Q1	nref	Number Of Units NumberOfUnits	368	unit
CY2023Q1	nref	Common Equity Interests Transferred CommonEquityInterestsTransferred	54000	usd
CY2023Q1	nref	Preferred Equity Method Investment Guaranteed Payment PreferredEquityMethodInvestmentGuaranteedPayment	115300000	usd
CY2022Q3	nref	Preferred Equity Method Investments PreferredEquityMethodInvestments	65300000	usd
CY2023	us-gaap	Gains Losses On Sales Of Other Real Estate GainsLossesOnSalesOfOtherRealEstate	1500000	usd
CY2023Q4	nref	Preferred Equity Method Investments PreferredEquityMethodInvestments	11400000	usd
CY2021Q3	nref	Purchase Of Preferred Equity Purchase Amount PurchaseOfPreferredEquityPurchaseAmount	50000000	usd
CY2021Q3	nref	Purchase Of Preferred Equity Purchase Amount Option PurchaseOfPreferredEquityPurchaseAmountOption	25000000	usd
CY2023Q4	nref	Purchase Of Preferred Equity Purchase Amount Option PurchaseOfPreferredEquityPurchaseAmountOption	3600000	usd
CY2023	nref	Preferred Units Extension Term PreferredUnitsExtensionTerm	P1Y
CY2021Q3	nref	Preferred Units Distribution Rate PreferredUnitsDistributionRate	0.100
CY2023Q1	nref	Multiple On Invested Capital MultipleOnInvestedCapital	1.30
CY2023Q1	nref	Preferred Equity Investment Placement Fee PreferredEquityInvestmentPlacementFee	0.010
CY2023Q4	nref	Purchase Commitment Unit Purchases Unfunded Amount PurchaseCommitmentUnitPurchasesUnfundedAmount	41566000	usd
CY2022Q4	nref	Purchase Commitment Unit Purchases Unfunded Amount PurchaseCommitmentUnitPurchasesUnfundedAmount	33704000	usd

Files In Submission

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NexPoint Real Estate Finance, Inc. Stock $nref

2024 Q1 Form 10-K Financial Statement

#000178624824000004 Filed on March 22, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$NREF NexPoint Real Estate Finance, Inc. Stock $nref

2024 Q1 Form 10-K Financial Statement

#000178624824000004 Filed on March 22, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$NREF
NexPoint Real Estate Finance, Inc. Stock $nref