2021 Q1 Form 10-Q Financial Statement
#000156459021023370 Filed on May 04, 2021
Income Statement
Concept | 2021 Q1 | 2020 Q1 |
---|---|---|
Revenue | $58.24M | $82.08M |
YoY Change | -29.04% | 6.57% |
Cost Of Revenue | $6.620M | $7.100M |
YoY Change | -6.76% | -7.79% |
Gross Profit | $51.62M | $74.98M |
YoY Change | -31.15% | 8.17% |
Gross Profit Margin | 88.63% | 91.35% |
Selling, General & Admin | $2.490M | $2.380M |
YoY Change | 4.62% | 78.95% |
% of Gross Profit | 4.82% | 3.17% |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | ||
YoY Change | ||
% of Gross Profit | ||
Operating Expenses | $2.490M | $2.370M |
YoY Change | 5.06% | 79.55% |
Operating Profit | $49.13M | $72.61M |
YoY Change | -32.34% | 6.78% |
Interest Expense | $20.29M | $38.46M |
YoY Change | -47.24% | -197.68% |
% of Operating Profit | 41.3% | 52.96% |
Other Income/Expense, Net | $9.106M | |
YoY Change | ||
Pretax Income | $32.89M | -$232.7M |
YoY Change | -114.13% | -912.76% |
Income Tax | $931.0K | $90.00K |
% Of Pretax Income | 2.83% | |
Net Earnings | $31.96M | -$232.8M |
YoY Change | -113.73% | -919.34% |
Net Earnings / Revenue | 54.87% | -283.61% |
Basic Earnings Per Share | $0.32 | -$3.05 |
Diluted Earnings Per Share | $0.30 | -$3.05 |
COMMON SHARES | ||
Basic Shares Outstanding | 76.90M | 76.47M |
Diluted Shares Outstanding | 80.67M | 76.47M |
Balance Sheet
Concept | 2021 Q1 | 2020 Q1 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $301.6M | $103.6M |
YoY Change | 191.12% | 87.0% |
Cash & Equivalents | $301.6M | $104.5M |
Short-Term Investments | ||
Other Short-Term Assets | ||
YoY Change | ||
Inventory | ||
Prepaid Expenses | ||
Receivables | $900.0K | $35.50M |
Other Receivables | $29.30M | $28.20M |
Total Short-Term Assets | $331.8M | $167.3M |
YoY Change | 98.33% | 85.89% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | ||
YoY Change | ||
Goodwill | ||
YoY Change | ||
Intangibles | ||
YoY Change | ||
Long-Term Investments | $604.8M | |
YoY Change | 96.17% | |
Other Assets | $800.0K | $900.0K |
YoY Change | -11.11% | 125.0% |
Total Long-Term Assets | $4.938B | $5.659B |
YoY Change | -12.75% | 12.53% |
TOTAL ASSETS | ||
Total Short-Term Assets | $331.8M | $167.3M |
Total Long-Term Assets | $4.938B | $5.659B |
Total Assets | $5.269B | $5.826B |
YoY Change | -9.56% | 13.81% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $5.100M | $8.000M |
YoY Change | -36.25% | 23.08% |
Accrued Expenses | $12.80M | $23.00M |
YoY Change | -44.35% | 9.52% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $855.0M | $1.835B |
YoY Change | -53.39% | 43.17% |
Long-Term Debt Due | ||
YoY Change | ||
Total Short-Term Liabilities | $888.4M | $1.899B |
YoY Change | -53.21% | 41.65% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $2.901B | $2.696B |
YoY Change | 7.6% | 15.48% |
Other Long-Term Liabilities | $1.700M | $300.0K |
YoY Change | 466.67% | -50.0% |
Total Long-Term Liabilities | $2.903B | $2.696B |
YoY Change | 7.66% | 15.46% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $888.4M | $1.899B |
Total Long-Term Liabilities | $2.903B | $2.696B |
Total Liabilities | $3.791B | $4.595B |
YoY Change | -17.5% | 25.01% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$313.8M | |
YoY Change | ||
Common Stock | ||
YoY Change | ||
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $1.277B | $1.231B |
YoY Change | ||
Total Liabilities & Shareholders Equity | $5.269B | $5.826B |
YoY Change | -9.56% | 13.81% |
Cashflow Statement
Concept | 2021 Q1 | 2020 Q1 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $31.96M | -$232.8M |
YoY Change | -113.73% | -919.34% |
Depreciation, Depletion And Amortization | ||
YoY Change | ||
Cash From Operating Activities | $26.34M | $37.53M |
YoY Change | -29.81% | 44.15% |
INVESTING ACTIVITIES | ||
Capital Expenditures | ||
YoY Change | ||
Acquisitions | ||
YoY Change | ||
Other Investing Activities | -$62.30M | -$183.1M |
YoY Change | -65.97% | -68.97% |
Cash From Investing Activities | -$62.34M | -$183.1M |
YoY Change | -65.96% | -68.96% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | $12.90M | |
YoY Change | -89.17% | |
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | 18.75M | 170.5M |
YoY Change | -89.0% | -70.57% |
NET CHANGE | ||
Cash From Operating Activities | 26.34M | 37.53M |
Cash From Investing Activities | -62.34M | -183.1M |
Cash From Financing Activities | 18.75M | 170.5M |
Net Change In Cash | -17.25M | 24.87M |
YoY Change | -169.37% | 64.56% |
FREE CASH FLOW | ||
Cash From Operating Activities | $26.34M | $37.53M |
Capital Expenditures | ||
Free Cash Flow | ||
YoY Change |
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PaymentsForAdvancesOnLoansHeldForInvestment
|
29566000 | |
CY2020Q1 | trtx |
Payments For Advances On Loans Held For Investment
PaymentsForAdvancesOnLoansHeldForInvestment
|
61720000 | |
CY2021Q1 | us-gaap |
Proceeds From Principal Repayments On Loans And Leases Held For Investment
ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
|
4314000 | |
CY2020Q1 | us-gaap |
Proceeds From Principal Repayments On Loans And Leases Held For Investment
ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
|
312687000 | |
CY2020Q1 | us-gaap |
Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
168888000 | |
CY2021Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-17249000 | |
CY2020Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
24866000 | |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
319669000 | |
CY2019Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
79666000 | |
CY2021Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
302420000 | |
CY2020Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
104532000 | |
CY2021Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
16723000 | |
CY2021Q1 | us-gaap |
Proceeds From Issuance Of First Mortgage Bond
ProceedsFromIssuanceOfFirstMortgageBond
|
728434000 | |
CY2020Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
12895000 | |
CY2020Q1 | trtx |
Payment Of Equity Issuance And Equity Distribution Agreement Transaction Costs
PaymentOfEquityIssuanceAndEquityDistributionAgreementTransactionCosts
|
206000 | |
CY2020Q1 | us-gaap |
Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
|
86439000 | |
CY2020Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
36090000 | |
CY2021Q1 | trtx |
Payment For Proceeds From Financing Costs
PaymentForProceedsFromFinancingCosts
|
7875000 | |
CY2021Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-62343000 | |
CY2020Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-183132000 | |
CY2021Q1 | us-gaap |
Repayments Of First Mortgage Bond
RepaymentsOfFirstMortgageBond
|
4212000 | |
CY2021Q1 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
852000 | |
CY2020Q1 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
4000 | |
CY2021Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
18754000 | |
CY2021Q1 | trtx |
Collateralized Loan Obligation Proceeds Held At Trustee
CollateralizedLoanObligationProceedsHeldAtTrustee
|
308916000 | |
CY2020Q1 | trtx |
Payment For Proceeds From Financing Costs
PaymentForProceedsFromFinancingCosts
|
421000 | |
CY2021Q1 | us-gaap |
Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
|
15510000 | |
CY2020Q1 | us-gaap |
Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
|
33222000 | |
CY2020Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
170472000 | |
CY2021Q1 | trtx |
Principal Repayments Of Loans Held For Investment Held By Servicer Trustee Net
PrincipalRepaymentsOfLoansHeldForInvestmentHeldByServicerTrusteeNet
|
1154000 | |
CY2020Q1 | trtx |
Principal Repayments Of Loans Held For Investment Held By Servicer Trustee Net
PrincipalRepaymentsOfLoansHeldForInvestmentHeldByServicerTrusteeNet
|
881000 | |
CY2021Q1 | us-gaap |
Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction
DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction
|
58000 | |
CY2020Q1 | us-gaap |
Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction
DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction
|
484000 | |
CY2020Q1 | trtx |
Sales And Principal Repayments Of Available For Sale Debt Securities Held By Servicer Trustee Net
SalesAndPrincipalRepaymentsOfAvailableForSaleDebtSecuritiesHeldByServicerTrusteeNet
|
33983000 | |
CY2020Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
-974000 | |
CY2021Q1 | us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<p style="text-align:justify;margin-bottom:0pt;margin-top:18pt;text-indent:0%;font-weight:bold;font-style:italic;color:#000000;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;"><span style="Background-color:#FFFFFF;">Reclassifications</span></p> <p style="text-align:justify;margin-top:6pt;margin-bottom:0pt;text-indent:3.7%;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><span style="Background-color:#FFFFFF;">Certain amounts in the Company’s prior period consolidated financial statements have been reclassified to conform to the presentation of the Company’s current period consolidated financial statements. These reclassifications had no effect on the Company’s previously reported net income. Amounts related to Collateralized Loan Obligation Proceeds Held at Trustee were reclassified from </span>Accounts Receivable from Servicer/Trustee balance <span style="Background-color:#FFFFFF;">in prior period balance sheet to conform to current period presentation. </span></p> | |
CY2021Q1 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<p style="text-align:justify;margin-bottom:0pt;margin-top:18pt;text-indent:0%;font-weight:bold;font-style:italic;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;">Use of Estimates </p> <p style="text-align:justify;margin-bottom:0pt;margin-top:6pt;text-indent:4.54%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The preparation of the interim consolidated financial statements in conformity with GAAP requires estimates of assets, liabilities, revenues, expenses and disclosure of contingent assets and liabilities at the date of the interim consolidated financial statements. Actual results could differ from management’s estimates, and such differences could be material. Significant estimates made in the interim consolidated financial statements include, but are not limited to, the adequacy of our allowance for credit losses and the valuation inputs related thereto and the valuation of financial instruments. Actual amounts and values as of the balance sheet dates may be materially different than the amounts and values reported due to the inherent uncertainty in the estimation process and the limited availability of observable pricing inputs due to market dislocation resulting from the COVID-19 pandemic. Also, future amounts and values could differ materially from those estimates due to changes in values and circumstances after the balance sheet date and the limited availability of observable prices.</p> | |
CY2021Q1 | trtx |
Percentage Of Senior Mortgage Loan Transferred To Third Party
PercentageOfSeniorMortgageLoanTransferredToThirdParty
|
1 | |
CY2021Q1 | trtx |
Maximum Insured Amount Of Each Cash Account
MaximumInsuredAmountOfEachCashAccount
|
250000 | |
CY2019Q4 | trtx |
Maximum Insured Amount Of Each Cash Account
MaximumInsuredAmountOfEachCashAccount
|
250000 | |
CY2021Q1 | us-gaap |
Cash
Cash
|
10800000 | |
CY2020Q4 | us-gaap |
Cash
Cash
|
19100000 | |
CY2021Q1 | trtx |
Collateralized Loan Obligation Proceeds Held At Trustee
CollateralizedLoanObligationProceedsHeldAtTrustee
|
308900000 | |
CY2021Q1 | trtx |
Loan Commitment Non Consolidated Senior Interest Outstanding
LoanCommitmentNonConsolidatedSeniorInterestOutstanding
|
132000000.0 | |
CY2021Q1 | us-gaap |
Paid In Kind Interest
PaidInKindInterest
|
5500000 | |
CY2021Q1 | trtx |
Percentage Of Loans Subject To Yield Maintenance Or Other Prepayment Restrictions
PercentageOfLoansSubjectToYieldMaintenanceOrOtherPrepaymentRestrictions
|
0.230 | |
CY2021Q1 | trtx |
Percentage Of Loans Open To Repayment By Borrower Without Penalty
PercentageOfLoansOpenToRepaymentByBorrowerWithoutPenalty
|
0.770 | |
CY2021Q1 | us-gaap |
Loans And Leases Receivable Before Fees Gross
LoansAndLeasesReceivableBeforeFeesGross
|
4587358000 | |
CY2021Q1 | us-gaap |
Unamortized Loan Commitment And Origination Fees And Unamortized Discounts Or Premiums
UnamortizedLoanCommitmentAndOriginationFeesAndUnamortizedDiscountsOrPremiums
|
-7179000 | |
CY2021Q1 | us-gaap |
Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
|
4580179000 | |
CY2021Q1 | us-gaap |
Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
|
56641000 | |
CY2021Q1 | us-gaap |
Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
|
4523538000 | |
CY2020Q4 | us-gaap |
Loans And Leases Receivable Before Fees Gross
LoansAndLeasesReceivableBeforeFeesGross
|
4524725000 | |
CY2020Q4 | us-gaap |
Unamortized Loan Commitment And Origination Fees And Unamortized Discounts Or Premiums
UnamortizedLoanCommitmentAndOriginationFeesAndUnamortizedDiscountsOrPremiums
|
-8325000 | |
CY2020Q4 | us-gaap |
Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
|
4516400000 | |
CY2020Q4 | us-gaap |
Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
|
59940000 | |
CY2020Q4 | us-gaap |
Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
|
4456460000 | |
CY2020Q4 | us-gaap |
Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
|
4456460000 | |
CY2021Q1 | us-gaap |
Mortgage Loans On Real Estate New Mortgage Loans
MortgageLoansOnRealEstateNewMortgageLoans
|
37091000 | |
CY2021Q1 | us-gaap |
Mortgage Loans On Real Estate Other Additions
MortgageLoansOnRealEstateOtherAdditions
|
30382000 | |
CY2021Q1 | trtx |
Mortgage Loans On Real Estate Amortization Of Origination Fees
MortgageLoansOnRealEstateAmortizationOfOriginationFees
|
1600000 | |
CY2021Q1 | srt |
Mortgage Loans On Real Estate Collections Of Principal
MortgageLoansOnRealEstateCollectionsOfPrincipal
|
5294000 | |
CY2021Q1 | trtx |
Mortgage Loans On Real Estate Change In Allowance For Credit Losses
MortgageLoansOnRealEstateChangeInAllowanceForCreditLosses
|
3299000 | |
CY2021Q1 | us-gaap |
Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
|
4523538000 | |
CY2021Q1 | trtx |
Unamortized Loan Discount Premium
UnamortizedLoanDiscountPremium
|
0 | |
CY2020Q4 | trtx |
Unamortized Loan Discount Premium
UnamortizedLoanDiscountPremium
|
0 | |
CY2021Q1 | us-gaap |
Financing Receivable Unamortized Loan Commitment Origination Fee And Premium Discount
FinancingReceivableUnamortizedLoanCommitmentOriginationFeeAndPremiumDiscount
|
-7200000 | |
CY2020Q4 | us-gaap |
Financing Receivable Unamortized Loan Commitment Origination Fee And Premium Discount
FinancingReceivableUnamortizedLoanCommitmentOriginationFeeAndPremiumDiscount
|
-8300000 | |
CY2021Q1 | trtx |
Accelerated Fee Component Of Prepayment Fees
AcceleratedFeeComponentOfPrepaymentFees
|
0 | |
CY2020Q4 | trtx |
Paid In Kind Interest Outstanding
PaidInKindInterestOutstanding
|
4701000 | |
CY2020Q4 | us-gaap |
Financing Receivable Originated In Fiscal Year Before Latest Fiscal Year
FinancingReceivableOriginatedInFiscalYearBeforeLatestFiscalYear
|
2171469000 | |
CY2020Q4 | us-gaap |
Financing Receivable Originated Two Years Before Latest Fiscal Year
FinancingReceivableOriginatedTwoYearsBeforeLatestFiscalYear
|
1515229000 | |
CY2020Q4 | us-gaap |
Financing Receivable Originated Three Years Before Latest Fiscal Year
FinancingReceivableOriginatedThreeYearsBeforeLatestFiscalYear
|
556883000 | |
CY2020Q4 | us-gaap |
Financing Receivable Originated Four Years Before Latest Fiscal Year
FinancingReceivableOriginatedFourYearsBeforeLatestFiscalYear
|
25049000 | |
CY2020Q4 | us-gaap |
Notes Receivable Gross
NotesReceivableGross
|
4516400000 | |
CY2020 | trtx |
Accelerated Fee Component Of Prepayment Fees
AcceleratedFeeComponentOfPrepaymentFees
|
0 | |
CY2021Q1 | trtx |
Accelerated Fee Component Of Prepayment Fees Recognized
AcceleratedFeeComponentOfPrepaymentFeesRecognized
|
0 | |
CY2020Q1 | trtx |
Accelerated Fee Component Of Prepayment Fees Recognized
AcceleratedFeeComponentOfPrepaymentFeesRecognized
|
300000 | |
CY2021Q1 | us-gaap |
Financing Receivable Originated In Current Fiscal Year
FinancingReceivableOriginatedInCurrentFiscalYear
|
37098000 | |
CY2021Q1 | us-gaap |
Financing Receivable Originated In Fiscal Year Before Latest Fiscal Year
FinancingReceivableOriginatedInFiscalYearBeforeLatestFiscalYear
|
251019000 | |
CY2021Q1 | us-gaap |
Financing Receivable Originated Two Years Before Latest Fiscal Year
FinancingReceivableOriginatedTwoYearsBeforeLatestFiscalYear
|
2196341000 | |
CY2021Q1 | us-gaap |
Financing Receivable Originated Three Years Before Latest Fiscal Year
FinancingReceivableOriginatedThreeYearsBeforeLatestFiscalYear
|
1517883000 | |
CY2021Q1 | us-gaap |
Financing Receivable Originated Four Years Before Latest Fiscal Year
FinancingReceivableOriginatedFourYearsBeforeLatestFiscalYear
|
552789000 | |
CY2021Q1 | us-gaap |
Financing Receivable Originated Five Or More Years Before Latest Fiscal Year
FinancingReceivableOriginatedFiveOrMoreYearsBeforeLatestFiscalYear
|
25049000 | |
CY2021Q1 | us-gaap |
Notes Receivable Gross
NotesReceivableGross
|
4580179000 | |
CY2020Q4 | us-gaap |
Financing Receivable Originated In Current Fiscal Year
FinancingReceivableOriginatedInCurrentFiscalYear
|
247770000 | |
CY2021Q1 | us-gaap |
Notes Receivable Gross
NotesReceivableGross
|
4580179000 | |
CY2020Q4 | us-gaap |
Notes Receivable Gross
NotesReceivableGross
|
4516400000 | |
CY2021Q1 | us-gaap |
Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
|
56641000 | |
CY2020Q4 | us-gaap |
Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
|
59940000 | |
CY2021Q1 | us-gaap |
Notes Receivable Net
NotesReceivableNet
|
4523538000 | |
CY2020Q4 | us-gaap |
Notes Receivable Net
NotesReceivableNet
|
4456460000 | |
CY2021Q1 | trtx |
Weighted Average Risk Rating
WeightedAverageRiskRating
|
3.1 | |
CY2020Q4 | trtx |
Weighted Average Risk Rating
WeightedAverageRiskRating
|
3.1 | |
CY2021Q1 | trtx |
Weighted Average Risk Rating
WeightedAverageRiskRating
|
3.1 | |
CY2020Q4 | trtx |
Weighted Average Risk Rating
WeightedAverageRiskRating
|
3.1 | |
CY2021Q1 | trtx |
Financing Receivable Allowance For Credit Losses Loans Held For Investment And Unfunded Loan Commitment
FinancingReceivableAllowanceForCreditLossesLoansHeldForInvestmentAndUnfundedLoanCommitment
|
58790000 | |
CY2020Q1 | trtx |
Financing Receivable Allowance For Credit Losses Loans Held For Investment And Unfunded Loan Commitment
FinancingReceivableAllowanceForCreditLossesLoansHeldForInvestmentAndUnfundedLoanCommitment
|
82993000 | |
CY2021Q1 | us-gaap |
Financing Receivable Allowance For Credit Losses Period Increase Decrease
FinancingReceivableAllowanceForCreditLossesPeriodIncreaseDecrease
|
-4000000.0 | |
CY2021Q1 | trtx |
Financing Receivable Allowance For Credit Losses Loans Held For Investment And Unfunded Loan Commitment
FinancingReceivableAllowanceForCreditLossesLoansHeldForInvestmentAndUnfundedLoanCommitment
|
58800000 | |
CY2020Q1 | us-gaap |
Financing Receivable Allowance For Credit Losses Period Increase Decrease
FinancingReceivableAllowanceForCreditLossesPeriodIncreaseDecrease
|
83000000.0 | |
CY2021Q1 | trtx |
Number Of Loan Modification
NumberOfLoanModification
|
5 | |
CY2021Q1 | trtx |
Unpaid Principal Balance Of Loans Outstanding
UnpaidPrincipalBalanceOfLoansOutstanding
|
943500000 | |
CY2021Q1 | trtx |
Paid In Kind Interest Accrued
PaidInKindInterestAccrued
|
800000 | |
CY2021Q1 | trtx |
Percentage Of Interest Collections
PercentageOfInterestCollections
|
0.994 | |
CY2021Q1 | trtx |
Percentage Of Paid In Kind Interest
PercentageOfPaidInKindInterest
|
0.012 | |
CY2020Q4 | trtx |
Percentage Of Interest Collections
PercentageOfInterestCollections
|
0.967 | |
CY2020Q4 | trtx |
Percentage Of Paid In Kind Interest
PercentageOfPaidInKindInterest
|
0.017 | |
CY2020Q1 | trtx |
Percentage Of Interest Collections
PercentageOfInterestCollections
|
0.991 | |
CY2020Q1 | trtx |
Paid In Kind Interest Accrued
PaidInKindInterestAccrued
|
0 | |
CY2021Q1 | trtx |
Paid In Kind Interest Accrued
PaidInKindInterestAccrued
|
816000 | |
CY2021Q1 | us-gaap |
Financing Receivable Recorded Investment Past Due
FinancingReceivableRecordedInvestmentPastDue
|
31179000 | |
CY2021Q1 | us-gaap |
Financing Receivable Recorded Investment Current
FinancingReceivableRecordedInvestmentCurrent
|
4549000000 | |
CY2021Q1 | us-gaap |
Notes Receivable Gross
NotesReceivableGross
|
4580179000 | |
CY2021Q1 | trtx |
Paid In Kind Interest Outstanding
PaidInKindInterestOutstanding
|
5517000 | |
CY2021Q1 | us-gaap |
Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
|
291800000 | |
CY2021Q1 | us-gaap |
Debt Instrument Face Amount
DebtInstrumentFaceAmount
|
3239506000 | |
CY2021Q1 | us-gaap |
Debt Instrument Collateral Amount
DebtInstrumentCollateralAmount
|
1349425000 | |
CY2021Q1 | trtx |
Debt Instrument Amortized Cost Of Collateral
DebtInstrumentAmortizedCostOfCollateral
|
1351818000 | |
CY2021Q1 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
861730000 | |
CY2021Q1 | trtx |
Debt Instrument Counterparty Amount At Risk
DebtInstrumentCounterpartyAmountAtRisk
|
490088000 | |
CY2020Q4 | us-gaap |
Debt Instrument Face Amount
DebtInstrumentFaceAmount
|
3239506000 | |
CY2020Q4 | us-gaap |
Debt Instrument Collateral Amount
DebtInstrumentCollateralAmount
|
2262311000 | |
CY2020Q4 | trtx |
Debt Instrument Amortized Cost Of Collateral
DebtInstrumentAmortizedCostOfCollateral
|
2261912000 | |
CY2020Q4 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
1524175000 | |
CY2020Q4 | trtx |
Debt Instrument Counterparty Amount At Risk
DebtInstrumentCounterpartyAmountAtRisk
|
737737000 | |
CY2020Q2 | trtx |
Debt Instrument Covenant Tangible Net Worth
DebtInstrumentCovenantTangibleNetWorth
|
1100000000 | |
CY2020Q2 | trtx |
Debt Instrument Covenant Minimum Percentage Of Tangible Net Worth On Net Cash Proceed Of Equity Issuances
DebtInstrumentCovenantMinimumPercentageOfTangibleNetWorthOnNetCashProceedOfEquityIssuances
|
0.75 | |
CY2021Q1 | trtx |
Loans Held For Investment Fair Value Disclosure Nonrecurring
LoansHeldForInvestmentFairValueDisclosureNonrecurring
|
4600000000 | |
CY2020Q4 | trtx |
Loans Held For Investment Fair Value Disclosure Nonrecurring
LoansHeldForInvestmentFairValueDisclosureNonrecurring
|
4500000000 | |
CY2021Q1 | us-gaap |
Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Gain Loss Included In Earnings
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInEarnings
|
435246000 | |
CY2021Q1 | trtx |
Threshold Period Of Delinquency To Consider Loan Nonperforming And Place On Nonaccrual Status
ThresholdPeriodOfDelinquencyToConsiderLoanNonperformingAndPlaceOnNonaccrualStatus
|
P90D | |
CY2021Q1 | trtx |
Loans Held For Investment Weighted Average Gross Credit Spread
LoansHeldForInvestmentWeightedAverageGrossCreditSpread
|
0.0319 | |
CY2020Q4 | trtx |
Loans Held For Investment Weighted Average Gross Credit Spread
LoansHeldForInvestmentWeightedAverageGrossCreditSpread
|
0.0318 | |
CY2021Q1 | trtx |
Loans Held For Investment Weighted Average Maturity Period
LoansHeldForInvestmentWeightedAverageMaturityPeriod
|
P2Y10M24D | |
CY2020 | trtx |
Loans Held For Investment Weighted Average Maturity Period
LoansHeldForInvestmentWeightedAverageMaturityPeriod
|
P3Y1M6D | |
CY2021Q1 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesExpense
|
0 | |
CY2021Q1 | us-gaap |
Current Federal State And Local Tax Expense Benefit
CurrentFederalStateAndLocalTaxExpenseBenefit
|
900000 | |
CY2020Q4 | us-gaap |
Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
|
7889801000 | |
CY2020Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
0 | |
CY2021Q1 | us-gaap |
Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
|
0 | |
CY2021Q1 | us-gaap |
Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
|
8325047000 | |
CY2021Q1 | trtx |
Fair Value Of Assets And Liabilities Transfers Amount
FairValueOfAssetsAndLiabilitiesTransfersAmount
|
0 | |
CY2021Q1 | trtx |
Excise Tax Percentage
ExciseTaxPercentage
|
1 | |
CY2020Q1 | us-gaap |
Current Federal State And Local Tax Expense Benefit
CurrentFederalStateAndLocalTaxExpenseBenefit
|
100000 | |
CY2021Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.028 | |
CY2020Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.005 | |
CY2017Q3 | trtx |
Incentive Management Fee Percentage Of Core Earnings Less Seven Percent Of Stockholders Equity
IncentiveManagementFeePercentageOfCoreEarningsLessSevenPercentOfStockholdersEquity
|
0.20 | |
CY2021Q1 | trtx |
Management Fees And Incentive Management Fees Incurred
ManagementFeesAndIncentiveManagementFeesIncurred
|
5094000 | |
CY2020Q1 | trtx |
Management Fees And Incentive Management Fees Incurred
ManagementFeesAndIncentiveManagementFeesIncurred
|
5000000 | |
CY2021Q1 | trtx |
Management Fees And Incentive Management Fees Paid
ManagementFeesAndIncentiveManagementFeesPaid
|
5358000 | |
CY2020Q1 | trtx |
Management Fees And Incentive Management Fees Paid
ManagementFeesAndIncentiveManagementFeesPaid
|
7252000 | |
CY2021Q1 | trtx |
Related Parties Termination Fee Description
RelatedPartiesTerminationFeeDescription
|
A termination fee would be due to the Manager upon termination of the Management Agreement by the Company absent a cause event. The termination fee would also be payable to the Manager upon termination of the Management Agreement by the Manager if the Company materially breaches the Management Agreement. The termination fee is equal to three times the sum of (x) the average annual base management fee and (y) the average annual incentive compensation earned by the Manager, in each case during the 24-month period immediately preceding the most recently completed calendar quarter prior to the date of termination | |
CY2021Q1 | us-gaap |
Dividends Common Stock Stock
DividendsCommonStockStock
|
100000 | |
CY2021Q1 | us-gaap |
Undistributed Earnings Loss Available To Common Shareholders Basic
UndistributedEarningsLossAvailableToCommonShareholdersBasic
|
100000 | |
CY2020Q1 | us-gaap |
Dividends Common Stock Stock
DividendsCommonStockStock
|
300000 | |
CY2020Q1 | us-gaap |
Undistributed Earnings Loss Available To Common Shareholders Basic
UndistributedEarningsLossAvailableToCommonShareholdersBasic
|
300000 | |
CY2021Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
25831000 | |
CY2020Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-232793000 | |
CY2021Q1 | us-gaap |
Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
|
146000 | |
CY2020Q1 | us-gaap |
Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
|
268000 | |
CY2021Q1 | us-gaap |
Preferred Stock Accretion Of Redemption Discount
PreferredStockAccretionOfRedemptionDiscount
|
1452000 | |
CY2021Q1 | us-gaap |
Undistributed Earnings
UndistributedEarnings
|
24233000 | |
CY2020Q1 | us-gaap |
Undistributed Earnings
UndistributedEarnings
|
-233061000 | |
CY2021Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
76895615 | |
CY2020Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
76465322 | |
CY2021Q1 | us-gaap |
Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
|
3777621 | |
CY2021Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
80673236 | |
CY2020Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
76465322 | |
CY2021Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.32 | |
CY2020Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-3.05 | |
CY2021Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.30 | |
CY2020Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-3.05 | |
CY2021Q1 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
15500000 | |
CY2020Q1 | us-gaap |
Dividends
Dividends
|
33200000 | |
CY2021Q1 | us-gaap |
Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
|
15500000 | |
CY2020Q4 | us-gaap |
Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
|
29500000 | |
CY2021Q1 | trtx |
Schedule Of Awarded Shares Vesting Period Table Text Bock
ScheduleOfAwardedSharesVestingPeriodTableTextBock
|
<p style="text-align:justify;margin-bottom:0pt;margin-top:12pt;text-indent:4.54%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Generally, the shares vest in installments over a <span style="-sec-ix-hidden:F_001341">four-year</span> period, pursuant to the terms of the award and the Incentive Plan. The following table presents the number of shares associated with outstanding awards that will vest over the next four years. Shares presented for the current year, 2021, includes 108,503 shares which have vested during the period from January 1, 2021 to March 31, 2021.</p> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:10pt;"> </p> <div> <table border="0" cellpadding="0" cellspacing="0" style="margin:auto;border-collapse:collapse; width:100%;"> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:80.06%; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:9pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Vesting Year</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:2.06%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:9pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:16.88%; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:9pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Shares of</p> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:9pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Common Stock</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:9pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:80.06%; border-top:solid 0.75pt #000000;" valign="top"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2021</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:2.06%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:15.88%; border-top:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">418,345</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:80.06%;" valign="top"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2022</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:2.06%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:15.88%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">183,030</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:80.06%;" valign="top"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2023</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:2.06%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:15.88%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">145,873</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:80.06%; border-bottom:solid 0.75pt transparent;" valign="top"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2024</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:2.06%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:15.88%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">89,548</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:80.06%;" valign="top"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Total</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:2.06%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:15.88%; border-top:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">836,796</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> </table></div> | |
CY2021Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
|
P4Y | |
CY2021Q1 | trtx |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Vested
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesVested
|
108503 | |
CY2021Q1 | trtx |
Unfunded Commitments Loans Held For Investment
UnfundedCommitmentsLoansHeldForInvestment
|
401700000 | |
CY2020Q4 | trtx |
Percentage Of Loans And Leases Receivable Unpaid Principal Balance
PercentageOfLoansAndLeasesReceivableUnpaidPrincipalBalance
|
1.000 | |
CY2021Q1 | trtx |
Loan Commitment Capitalized Interest Costs
LoanCommitmentCapitalizedInterestCosts
|
5500000 | |
CY2020Q4 | trtx |
Unfunded Commitments Loans Held For Investment
UnfundedCommitmentsLoansHeldForInvestment
|
423500000 | |
CY2021Q1 | trtx |
Loan Commitment Principal Amount
LoanCommitmentPrincipalAmount
|
4983745000 | |
CY2021Q1 | trtx |
Unfunded Commitments Related To Loans Receivable
UnfundedCommitmentsRelatedToLoansReceivable
|
401726000 | |
CY2021Q1 | trtx |
Percentage Of Loan Commitment Principal Amount
PercentageOfLoanCommitmentPrincipalAmount
|
1.000 | |
CY2021Q1 | us-gaap |
Financing Receivable Before Allowance For Credit Loss And Fee
FinancingReceivableBeforeAllowanceForCreditLossAndFee
|
4587358000 | |
CY2021Q1 | trtx |
Percentage Of Loans And Leases Receivable Unpaid Principal Balance
PercentageOfLoansAndLeasesReceivableUnpaidPrincipalBalance
|
1.000 | |
CY2020Q4 | trtx |
Loan Commitment Principal Amount
LoanCommitmentPrincipalAmount
|
4943511000 | |
CY2020Q4 | trtx |
Unfunded Commitments Related To Loans Receivable
UnfundedCommitmentsRelatedToLoansReceivable
|
423487000 | |
CY2020Q4 | trtx |
Percentage Of Loan Commitment Principal Amount
PercentageOfLoanCommitmentPrincipalAmount
|
1.000 | |
CY2020Q4 | us-gaap |
Financing Receivable Before Allowance For Credit Loss And Fee
FinancingReceivableBeforeAllowanceForCreditLossAndFee
|
4524725000 | |
CY2020Q4 | trtx |
Percentage Of Loans And Leases Receivable Unpaid Principal Balance
PercentageOfLoansAndLeasesReceivableUnpaidPrincipalBalance
|
1.000 | |
CY2021Q1 | trtx |
Loan Commitment Capitalized Interest Costs
LoanCommitmentCapitalizedInterestCosts
|
5500000 | |
CY2020Q4 | trtx |
Loan Commitment Capitalized Interest Costs
LoanCommitmentCapitalizedInterestCosts
|
4700000 | |
CY2021Q1 | trtx |
Loan Commitment Principal Amount
LoanCommitmentPrincipalAmount
|
4983745000 | |
CY2021Q1 | trtx |
Unfunded Commitments Related To Loans Receivable
UnfundedCommitmentsRelatedToLoansReceivable
|
401726000 | |
CY2021Q1 | trtx |
Percentage Of Loan Commitment Principal Amount
PercentageOfLoanCommitmentPrincipalAmount
|
1.000 | |
CY2021Q1 | us-gaap |
Financing Receivable Before Allowance For Credit Loss And Fee
FinancingReceivableBeforeAllowanceForCreditLossAndFee
|
4587358000 | |
CY2021Q1 | trtx |
Percentage Of Loans And Leases Receivable Unpaid Principal Balance
PercentageOfLoansAndLeasesReceivableUnpaidPrincipalBalance
|
1.000 | |
CY2020Q4 | trtx |
Loan Commitment Principal Amount
LoanCommitmentPrincipalAmount
|
4943511000 | |
CY2020Q4 | trtx |
Unfunded Commitments Related To Loans Receivable
UnfundedCommitmentsRelatedToLoansReceivable
|
423487000 | |
CY2020Q4 | trtx |
Percentage Of Loan Commitment Principal Amount
PercentageOfLoanCommitmentPrincipalAmount
|
1.000 | |
CY2020Q4 | us-gaap |
Financing Receivable Before Allowance For Credit Loss And Fee
FinancingReceivableBeforeAllowanceForCreditLossAndFee
|
4524725000 | |
CY2020Q4 | trtx |
Percentage Of Loans And Leases Receivable Unpaid Principal Balance
PercentageOfLoansAndLeasesReceivableUnpaidPrincipalBalance
|
1.000 | |
CY2021Q1 | trtx |
Loan Commitment Capitalized Interest Costs
LoanCommitmentCapitalizedInterestCosts
|
5500000 | |
CY2020Q4 | trtx |
Loan Commitment Capitalized Interest Costs
LoanCommitmentCapitalizedInterestCosts
|
4700000 | |
CY2021Q1 | trtx |
Loan Commitment Principal Amount
LoanCommitmentPrincipalAmount
|
4983745000 | |
CY2021Q1 | trtx |
Unfunded Commitments Related To Loans Receivable
UnfundedCommitmentsRelatedToLoansReceivable
|
401726000 | |
CY2021Q1 | trtx |
Percentage Of Loan Commitment Principal Amount
PercentageOfLoanCommitmentPrincipalAmount
|
1.000 | |
CY2021Q1 | us-gaap |
Financing Receivable Before Allowance For Credit Loss And Fee
FinancingReceivableBeforeAllowanceForCreditLossAndFee
|
4587358000 | |
CY2021Q1 | trtx |
Percentage Of Loans And Leases Receivable Unpaid Principal Balance
PercentageOfLoansAndLeasesReceivableUnpaidPrincipalBalance
|
1.000 | |
CY2020Q4 | trtx |
Loan Commitment Principal Amount
LoanCommitmentPrincipalAmount
|
4943511000 | |
CY2020Q4 | trtx |
Unfunded Commitments Related To Loans Receivable
UnfundedCommitmentsRelatedToLoansReceivable
|
423487000 | |
CY2020Q4 | trtx |
Percentage Of Loan Commitment Principal Amount
PercentageOfLoanCommitmentPrincipalAmount
|
1.000 | |
CY2020Q4 | us-gaap |
Financing Receivable Before Allowance For Credit Loss And Fee
FinancingReceivableBeforeAllowanceForCreditLossAndFee
|
4524725000 | |
CY2020Q4 | trtx |
Loan Commitment Capitalized Interest Costs
LoanCommitmentCapitalizedInterestCosts
|
4700000 |