2024 Q1 Form 10-K Financial Statement

#000163047224000006 Filed on February 20, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $94.31M $94.29M $390.3M
YoY Change -0.98% -6.79% 27.66%
Cost Of Revenue $6.433M $8.000M $30.47M
YoY Change -10.8% 2.0% -13.79%
Gross Profit $87.88M $86.29M $359.8M
YoY Change -0.18% -7.53% 33.07%
Gross Profit Margin 93.18% 91.52% 92.19%
Selling, General & Admin $2.658M $4.229M $11.87M
YoY Change -1.56% 62.03% 25.64%
% of Gross Profit 3.02% 4.9% 3.3%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $4.247M $400.0K $1.000M
YoY Change
% of Gross Profit 4.83% 0.46% 0.28%
Operating Expenses $11.00M $6.815M $19.41M
YoY Change 307.56% 161.11% 105.33%
Operating Profit $76.87M $79.48M $340.4M
YoY Change -9.92% -12.39% 30.46%
Interest Expense -$55.38M -$62.81M $273.9M
YoY Change -179.13% -3.63% 70.36%
% of Operating Profit -72.04% -79.02% 80.46%
Other Income/Expense, Net $17.44M $49.88M
YoY Change 75.92% 11.34%
Pretax Income $17.13M $6.446M -$116.4M
YoY Change 126.67% -82.29% 95.46%
Income Tax $390.0K $65.00K $259.0K
% Of Pretax Income 2.28% 1.01%
Net Earnings $13.06M $2.632M -$116.6M
YoY Change 77.02% -91.94% 94.17%
Net Earnings / Revenue 13.84% 2.79% -29.89%
Basic Earnings Per Share $0.17 -$1.69
Diluted Earnings Per Share $0.17 $0.03 -$1.69
COMMON SHARES
Basic Shares Outstanding 77.87M shares 77.73M shares 77.58M shares
Diluted Shares Outstanding 77.87M shares 77.58M shares

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $203.1M $206.4M $206.4M
YoY Change 25.73% -18.77% -18.77%
Cash & Equivalents $203.1M $206.4M $206.4M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $5.906M $66.51M $66.51M
Other Receivables $31.05M $32.20M $32.20M
Total Short-Term Assets $240.0M $305.1M $305.1M
YoY Change -18.46% -33.69% -33.69%
LONG-TERM ASSETS
Property, Plant & Equipment $169.3M $174.1M $174.1M
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $285.0K $642.0K $642.0K
YoY Change -55.61% 142.26% 142.26%
Total Long-Term Assets $3.589B $3.909B $3.909B
YoY Change -29.48% -23.12% -23.12%
TOTAL ASSETS
Total Short-Term Assets $240.0M $305.1M $305.1M
Total Long-Term Assets $3.589B $3.909B $3.909B
Total Assets $3.829B $4.214B $4.214B
YoY Change -28.87% -24.0% -24.0%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $4.987M $4.913M $4.913M
YoY Change -17.15% -17.9% -17.9%
Accrued Expenses $25.99M $24.81M $24.81M
YoY Change -30.71% -31.48% -31.48%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $50.14M $48.89M $48.89M
YoY Change -19.77% -20.07% -20.07%
LONG-TERM LIABILITIES
Long-Term Debt $2.657B $3.039B $3.039B
YoY Change -33.72% -26.95% -26.95%
Other Long-Term Liabilities $964.0K $1.281M $1.281M
YoY Change -64.77% -12.2% -12.2%
Total Long-Term Liabilities $2.658B $3.041B $3.041B
YoY Change -33.75% -26.94% -26.94%
TOTAL LIABILITIES
Total Short-Term Liabilities $50.14M $48.89M $48.89M
Total Long-Term Liabilities $2.658B $3.041B $3.041B
Total Liabilities $2.708B $3.090B $3.090B
YoY Change -33.53% -26.84% -26.84%
SHAREHOLDERS EQUITY
Retained Earnings -$605.8M -$600.3M
YoY Change 47.85% 51.96%
Common Stock $78.00K $77.00K
YoY Change 1.3% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.121B $1.125B $1.125B
YoY Change
Total Liabilities & Shareholders Equity $3.829B $4.214B $4.214B
YoY Change -28.87% -24.0% -24.0%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income $13.06M $2.632M -$116.6M
YoY Change 77.02% -91.94% 94.17%
Depreciation, Depletion And Amortization $4.247M $400.0K $1.000M
YoY Change
Cash From Operating Activities $37.37M $23.23M $80.13M
YoY Change 59.21% 29.35% -20.27%
INVESTING ACTIVITIES
Capital Expenditures $1.397M $3.064M $5.364M
YoY Change -39.45% 6.01%
Acquisitions
YoY Change
Other Investing Activities $366.9M $115.8M $1.101B
YoY Change 495.68% -31.59% -345.98%
Cash From Investing Activities $365.5M $112.9M $1.095B
YoY Change 493.41% -31.29% -342.04%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -406.5M -231.4M -$1.223B
YoY Change 129.4% 40.67% -454.09%
NET CHANGE
Cash From Operating Activities 37.37M 23.23M $80.13M
Cash From Investing Activities 365.5M 112.9M $1.095B
Cash From Financing Activities -406.5M -231.4M -$1.223B
Net Change In Cash -3.656M -95.30M -$47.30M
YoY Change -96.03% -637.28% 603.41%
FREE CASH FLOW
Cash From Operating Activities $37.37M $23.23M $80.13M
Capital Expenditures $1.397M $3.064M $5.364M
Free Cash Flow $35.97M $20.16M $74.76M
YoY Change 56.34% -21.66%

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0 usd
CY2022 trtx Write Off Of Unamortized Discount Including Allocated Warrant Fair Value And Transaction Costs
WriteOffOfUnamortizedDiscountIncludingAllocatedWarrantFairValueAndTransactionCosts
0 usd
CY2021 trtx Write Off Of Unamortized Discount Including Allocated Warrant Fair Value And Transaction Costs
WriteOffOfUnamortizedDiscountIncludingAllocatedWarrantFairValueAndTransactionCosts
25449000 usd
CY2023 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-130905000 usd
CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-73644000 usd
CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
70705000 usd
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.69
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.95
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.92
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.69
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.95
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.87
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
77296524 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
76977743 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
81684388 shares
CY2021 trtx Stock Issued During Period Value Preferred Stock
StockIssuedDuringPeriodValuePreferredStock
201250000 usd
CY2021 trtx Adjustments To Additional Paid In Capital Stock Issued Issuance Costs Reversal
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCostsReversal
6866000 usd
CY2021 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
5763000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
138550000 usd
CY2021 us-gaap Dividends Preferred Stock
DividendsPreferredStock
19194000 usd
CY2021 trtx Stock Redeemed Or Called During Period At Par Value
StockRedeemedOrCalledDuringPeriodAtParValue
225000000 usd
CY2021 us-gaap Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
22485000 usd
CY2021 us-gaap Preferred Stock Accretion Of Redemption Discount
PreferredStockAccretionOfRedemptionDiscount
25449000 usd
CY2021 trtx Temporary Equity Accretion Of Discount On Preferred Stock
TemporaryEquityAccretionOfDiscountOnPreferredStock
-25449000 usd
CY2021 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.95
CY2021 us-gaap Dividends Common Stock
DividendsCommonStock
73763000 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
1464706000 usd
CY2022 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
5052000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-60066000 usd
CY2022 us-gaap Dividends Preferred Stock
DividendsPreferredStock
12592000 usd
CY2022 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.96
CY2022 us-gaap Dividends Common Stock
DividendsCommonStock
75104000 usd
CY2023 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
8029000 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
-116630000 usd
CY2023 us-gaap Dividends Preferred Stock
DividendsPreferredStock
12592000 usd
CY2023 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.96
CY2023 us-gaap Dividends Common Stock
DividendsCommonStock
76018000 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
1124785000 usd
CY2023 us-gaap Profit Loss
ProfitLoss
-116630000 usd
CY2022 us-gaap Profit Loss
ProfitLoss
-60066000 usd
CY2021 us-gaap Profit Loss
ProfitLoss
138550000 usd
CY2023 trtx Amortization And Accretion Of Premiums Discounts And Loan Origination Fees Net
AmortizationAndAccretionOfPremiumsDiscountsAndLoanOriginationFeesNet
11955000 usd
CY2022 trtx Amortization And Accretion Of Premiums Discounts And Loan Origination Fees Net
AmortizationAndAccretionOfPremiumsDiscountsAndLoanOriginationFeesNet
11085000 usd
CY2021 trtx Amortization And Accretion Of Premiums Discounts And Loan Origination Fees Net
AmortizationAndAccretionOfPremiumsDiscountsAndLoanOriginationFeesNet
7204000 usd
CY2023 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
13354000 usd
CY2022 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
15007000 usd
CY2021 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
15891000 usd
CY2023 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
3577000 usd
CY2022 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
0 usd
CY2021 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
0 usd
CY2023 us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
-524000 usd
CY2022 us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
0 usd
CY2021 us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
0 usd
CY2023 trtx Decrease Increase Of Accrued Capitalized Interest
DecreaseIncreaseOfAccruedCapitalizedInterest
-542000 usd
CY2022 trtx Decrease Increase Of Accrued Capitalized Interest
DecreaseIncreaseOfAccruedCapitalizedInterest
-1314000 usd
CY2021 trtx Decrease Increase Of Accrued Capitalized Interest
DecreaseIncreaseOfAccruedCapitalizedInterest
-1330000 usd
CY2023 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
7028000 usd
CY2022 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
13291000 usd
CY2021 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
15790000 usd
CY2023 us-gaap Share Based Compensation
ShareBasedCompensation
8029000 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
5052000 usd
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
5763000 usd
CY2021 us-gaap Impairment Of Investments
ImpairmentOfInvestments
2109000 usd
CY2023 trtx Financing Receivable Allowance For Credit Loss Partial Writeoff
FinancingReceivableAllowanceForCreditLossPartialWriteoff
0 usd
CY2022 trtx Financing Receivable Allowance For Credit Loss Partial Writeoff
FinancingReceivableAllowanceForCreditLossPartialWriteoff
0 usd
CY2021 trtx Financing Receivable Allowance For Credit Loss Partial Writeoff
FinancingReceivableAllowanceForCreditLossPartialWriteoff
8200000 usd
CY2023 us-gaap Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal
FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal
189912000 usd
CY2022 us-gaap Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal
FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal
172982000 usd
CY2021 us-gaap Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal
FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal
-16619000 usd
CY2023 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-626000 usd
CY2022 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
504000 usd
CY2021 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-773000 usd
CY2023 us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
-10773000 usd
CY2022 us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
16542000 usd
CY2021 us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
-1012000 usd
CY2023 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
4025000 usd
CY2022 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-143000 usd
CY2023 us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
-855000 usd
CY2021 us-gaap Increase Decrease In Due To Affiliates
IncreaseDecreaseInDueToAffiliates
39000 usd
CY2022 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
93000 usd
CY2021 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-52000 usd
CY2023 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
12471000 usd
CY2022 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
1053000 usd
CY2021 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-2502000 usd
CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
80126000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
100496000 usd
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
132167000 usd
CY2023 us-gaap Payments For Proceeds From Loans Receivable
PaymentsForProceedsFromLoansReceivable
194706000 usd
CY2022 us-gaap Payments For Proceeds From Loans Receivable
PaymentsForProceedsFromLoansReceivable
1519406000 usd
CY2021 trtx Payments For Advances On Loans Held For Investment
PaymentsForAdvancesOnLoansHeldForInvestment
144645000 usd
CY2022 us-gaap Proceeds From Principal Repayments On Loans And Leases Held For Investment
ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
1062381000 usd
CY2021 us-gaap Proceeds From Principal Repayments On Loans And Leases Held For Investment
ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
1225294000 usd
CY2023 us-gaap Payments To Acquire Real Estate Held For Investment
PaymentsToAcquireRealEstateHeldForInvestment
5364000 usd
CY2022 us-gaap Payments To Acquire Real Estate Held For Investment
PaymentsToAcquireRealEstateHeldForInvestment
5060000 usd
CY2021 us-gaap Payments To Acquire Real Estate Held For Investment
PaymentsToAcquireRealEstateHeldForInvestment
0 usd
CY2023 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
75434000 usd
CY2022 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
154723000 usd
CY2021 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
54368000 usd
CY2023 us-gaap Proceeds From Sale Of Loans Held For Investment
ProceedsFromSaleOfLoansHeldForInvestment
247649000 usd
CY2022 us-gaap Proceeds From Sale Of Loans Held For Investment
ProceedsFromSaleOfLoansHeldForInvestment
0 usd
CY2021 us-gaap Proceeds From Sale Of Loans Held For Investment
ProceedsFromSaleOfLoansHeldForInvestment
145670000 usd
CY2023 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
1095385000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-452561000 usd
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-342898000 usd
CY2023 us-gaap Repayments Of First Mortgage Bond
RepaymentsOfFirstMortgageBond
541379000 usd
CY2022 us-gaap Repayments Of First Mortgage Bond
RepaymentsOfFirstMortgageBond
1001850000 usd
CY2021 us-gaap Repayments Of First Mortgage Bond
RepaymentsOfFirstMortgageBond
316272000 usd
CY2023 us-gaap Proceeds From Issuance Of First Mortgage Bond
ProceedsFromIssuanceOfFirstMortgageBond
0 usd
CY2022 us-gaap Proceeds From Issuance Of First Mortgage Bond
ProceedsFromIssuanceOfFirstMortgageBond
907031000 usd
CY2021 us-gaap Proceeds From Issuance Of First Mortgage Bond
ProceedsFromIssuanceOfFirstMortgageBond
1037500000 usd
CY2023 us-gaap Proceeds From Issuance Of Other Long Term Debt
ProceedsFromIssuanceOfOtherLongTermDebt
94947000 usd
CY2022 us-gaap Proceeds From Issuance Of Other Long Term Debt
ProceedsFromIssuanceOfOtherLongTermDebt
584841000 usd
CY2021 us-gaap Proceeds From Issuance Of Other Long Term Debt
ProceedsFromIssuanceOfOtherLongTermDebt
0 usd
CY2023 trtx Payments On Mortgage Loan Payable
PaymentsOnMortgageLoanPayable
0 usd
CY2022 trtx Payments On Mortgage Loan Payable
PaymentsOnMortgageLoanPayable
0 usd
CY2021 trtx Payments On Mortgage Loan Payable
PaymentsOnMortgageLoanPayable
50000000 usd
CY2023 trtx Payment For Proceeds From Financing Costs
PaymentForProceedsFromFinancingCosts
3629000 usd
CY2022 trtx Payment For Proceeds From Financing Costs
PaymentForProceedsFromFinancingCosts
18788000 usd
CY2021 trtx Payment For Proceeds From Financing Costs
PaymentForProceedsFromFinancingCosts
11098000 usd
CY2023 trtx Payment Of Equity Issuance Shelf Registration And Equity Distribution Agreement Transaction Costs
PaymentOfEquityIssuanceShelfRegistrationAndEquityDistributionAgreementTransactionCosts
0 usd
CY2022 trtx Payment Of Equity Issuance Shelf Registration And Equity Distribution Agreement Transaction Costs
PaymentOfEquityIssuanceShelfRegistrationAndEquityDistributionAgreementTransactionCosts
0 usd
CY2021 trtx Payment Of Equity Issuance Shelf Registration And Equity Distribution Agreement Transaction Costs
PaymentOfEquityIssuanceShelfRegistrationAndEquityDistributionAgreementTransactionCosts
6866000 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-1222808000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
345341000 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
152101000 usd
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-47297000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-6724000 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-58630000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
254315000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
261039000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
319669000 usd
CY2023 us-gaap Interest Paid Net
InterestPaidNet
263710000 usd
CY2021Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
24156000 usd
CY2022 trtx Principal Repayments Of Loans Held For Investment Held By Servicer Trustee Net
PrincipalRepaymentsOfLoansHeldForInvestmentHeldByServicerTrusteeNet
162203000 usd
CY2021 trtx Principal Repayments Of Loans Held For Investment Held By Servicer Trustee Net
PrincipalRepaymentsOfLoansHeldForInvestmentHeldByServicerTrusteeNet
204000 usd
CY2023 trtx Accrued Interest Receivable Held By Servicer Trustee Net
AccruedInterestReceivableHeldByServicerTrusteeNet
0 usd
CY2022 trtx Accrued Interest Receivable Held By Servicer Trustee Net
AccruedInterestReceivableHeldByServicerTrusteeNet
1444000 usd
CY2021 trtx Accrued Interest Receivable Held By Servicer Trustee Net
AccruedInterestReceivableHeldByServicerTrusteeNet
0 usd
CY2023 trtx Investment Sale Holdback
InvestmentSaleHoldback
30027000 usd
CY2022 trtx Investment Sale Holdback
InvestmentSaleHoldback
0 usd
CY2021 trtx Investment Sale Holdback
InvestmentSaleHoldback
0 usd
CY2023 us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
241868000 usd
CY2022 us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
76500000 usd
CY2021 us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
0 usd
CY2023 trtx Real Estate Owned Transfer To Real Estate Owned Other Assets
RealEstateOwnedTransferToRealEstateOwnedOtherAssets
31576000 usd
CY2022 trtx Real Estate Owned Transfer To Real Estate Owned Other Assets
RealEstateOwnedTransferToRealEstateOwnedOtherAssets
0 usd
CY2021 trtx Real Estate Owned Transfer To Real Estate Owned Other Assets
RealEstateOwnedTransferToRealEstateOwnedOtherAssets
0 usd
CY2023 trtx Real Estate Owned Transfer To Real Estate Owned Other Liabilities
RealEstateOwnedTransferToRealEstateOwnedOtherLiabilities
4311000 usd
CY2022 trtx Real Estate Owned Transfer To Real Estate Owned Other Liabilities
RealEstateOwnedTransferToRealEstateOwnedOtherLiabilities
0 usd
CY2021 trtx Real Estate Owned Transfer To Real Estate Owned Other Liabilities
RealEstateOwnedTransferToRealEstateOwnedOtherLiabilities
0 usd
CY2023 us-gaap Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction
DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction
122000 usd
CY2022 us-gaap Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction
DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction
608000 usd
CY2021 us-gaap Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction
DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction
221000 usd
CY2023 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
315000 usd
CY2022 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
0 usd
CY2021 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
0 usd
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-top:6pt;text-align:justify"><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 estimates of assets, liabilities, revenues, expenses and disclosure of contingent assets and liabilities at the date of the consolidated financial statements. Actual results could differ from management’s estimates, and such differences could be material. Significant estimates made in the consolidated financial statements include, but are not limited to, the adequacy of our allowance for credit losses and the valuation inputs related thereto. Actual amounts and values as of the balance sheet dates may be materially different from the amounts and values reported due to the inherent uncertainty in the estimation process and the limited availability of observable pricing inputs due to the nature of transitional mortgage loans. 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.</span></div>
CY2023 us-gaap Revenue Recognition Interest
RevenueRecognitionInterest
<div style="margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Revenue Recognition</span></div><div style="margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Interest income on loans is accrued using the interest method based on the contractual terms of the loan, adjusted for expected or realized credit losses, if any. The objective of the interest method is to arrive at periodic interest income, including recognition of fees and costs, at a constant effective yield. Premiums, discounts, and origination fees are amortized or accreted into interest income over the lives of the loans using the interest method, or on a straight-line basis when it approximates the interest method. Extension and modification fees are accreted into interest income on a straight-line basis, when it approximates the interest method, over the related extension or modification period. Exit fees are accreted into interest income on a straight-line basis, when it approximates the interest method, over the lives of the loans to which they relate unless they can be waived by the Company or a co-lender in connection with a loan refinancing, or if timely collection of principal and interest is doubtful. Prepayment penalties from borrowers are recognized as interest income when received. Certain of the Company’s loan investments have in the past, and may in the future, provide for additional interest based on the borrower’s operating cash flow or appreciation in the value of the underlying collateral. Such amounts are considered contingent interest and are reflected as interest income only upon certainty of collection. Certain of the Company’s loan investments have in the past, and may in the future, provide for the accrual of interest (in part, or in whole) instead of its current payment in cash, with the accrued interest (“PIK interest”) added to the unpaid principal balance of the loan. Such PIK interest is recognized currently as interest income unless the Company concludes eventual collection is unlikely, in which case the PIK interest is written off.</span></div><div style="margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">All interest accrued but not received for loans placed on non-accrual status is subtracted from interest income at the time the loan is placed on non-accrual status. Based on the Company’s judgment as to the collectability of principal, a loan on non-accrual status is either accounted for on a cash basis, where interest income is recognized only upon receipt of cash for interest payments, or on a cost-recovery basis, where all cash receipts reduce the loan’s carrying value, and interest income is only recorded when such carrying value has been fully recovered.</span></div>
CY2023 trtx Percentage Of Senior Mortgage Loan Transferred To Third Party
PercentageOfSeniorMortgageLoanTransferredToThirdParty
1
CY2022Q4 trtx Maximum Insured Amount Of Each Cash Account
MaximumInsuredAmountOfEachCashAccount
250000 usd
CY2023Q4 trtx Maximum Insured Amount Of Each Cash Account
MaximumInsuredAmountOfEachCashAccount
250000 usd
CY2023Q4 us-gaap Cash
Cash
15000000 usd
CY2022Q4 us-gaap Cash
Cash
22400000 usd
CY2023Q4 us-gaap Restricted Cash
RestrictedCash
600000 usd
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
206400000 usd
CY2022Q4 us-gaap Restricted Cash
RestrictedCash
300000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
254100000 usd
CY2022Q4 trtx Unfunded Commitments Related To Loans Receivable
UnfundedCommitmentsRelatedToLoansReceivable
426061000 usd
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
3476776000 usd
CY2023Q4 us-gaap Financing Receivable Accrued Interest After Allowance For Credit Loss
FinancingReceivableAccruedInterestAfterAllowanceForCreditLoss
20200000 usd
CY2022Q4 us-gaap Financing Receivable Accrued Interest After Allowance For Credit Loss
FinancingReceivableAccruedInterestAfterAllowanceForCreditLoss
26400000 usd
CY2022 trtx Loan Repayment Principal Amount
LoanRepaymentPrincipalAmount
1500000000 usd
CY2023Q4 trtx Number Of Loans
NumberOfLoans
53 loan
CY2022Q4 trtx Number Of Loans
NumberOfLoans
70 loan
CY2022Q4 trtx Number Of Loans
NumberOfLoans
70 loan
CY2023Q4 trtx Percentage Of Loans And Leases Receivable
PercentageOfLoansAndLeasesReceivable
1.000
CY2022Q4 trtx Percentage Of Loans And Leases Receivable
PercentageOfLoansAndLeasesReceivable
1.000
CY2022Q4 trtx Percentage Of Loans And Leases Receivable
PercentageOfLoansAndLeasesReceivable
1.000
CY2023Q4 trtx Loan Commitment Principal Amount
LoanCommitmentPrincipalAmount
3666173000 usd
CY2022Q4 trtx Loan Commitment Principal Amount
LoanCommitmentPrincipalAmount
5429146000 usd
CY2022Q4 trtx Loan Commitment Principal Amount
LoanCommitmentPrincipalAmount
5429146000 usd
CY2023Q4 us-gaap Financing Receivable Before Allowance For Credit Loss And Fee
FinancingReceivableBeforeAllowanceForCreditLossAndFee
3484052000 usd
CY2022Q4 us-gaap Financing Receivable Before Allowance For Credit Loss And Fee
FinancingReceivableBeforeAllowanceForCreditLossAndFee
5004798000 usd
CY2022Q4 us-gaap Financing Receivable Before Allowance For Credit Loss And Fee
FinancingReceivableBeforeAllowanceForCreditLossAndFee
5004798000 usd
CY2023Q4 trtx Unfunded Commitments Related To Loans Receivable
UnfundedCommitmentsRelatedToLoansReceivable
183293000 usd
CY2022Q4 trtx Unfunded Commitments Related To Loans Receivable
UnfundedCommitmentsRelatedToLoansReceivable
426061000 usd
CY2022Q4 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
4978674000 usd
CY2022Q4 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
4978674000 usd
CY2023Q4 trtx Financing Receivable Weighted Average Credit Spread
FinancingReceivableWeightedAverageCreditSpread
0.037
CY2022Q4 trtx Financing Receivable Weighted Average Credit Spread
FinancingReceivableWeightedAverageCreditSpread
0.034
CY2022Q4 trtx Financing Receivable Weighted Average Credit Spread
FinancingReceivableWeightedAverageCreditSpread
0.034
CY2023 srt Financing Receivable Before Allowance For Credit Loss Average Yield
FinancingReceivableBeforeAllowanceForCreditLossAverageYield
0.093
CY2022 srt Financing Receivable Before Allowance For Credit Loss Average Yield
FinancingReceivableBeforeAllowanceForCreditLossAverageYield
0.081
CY2022 srt Financing Receivable Before Allowance For Credit Loss Average Yield
FinancingReceivableBeforeAllowanceForCreditLossAverageYield
0.081
CY2023 us-gaap Financing Receivable Modified Weighted Average Term Increase From Modification
FinancingReceivableModifiedWeightedAverageTermIncreaseFromModification
P2Y7M6D
CY2022 us-gaap Financing Receivable Modified Weighted Average Term Increase From Modification
FinancingReceivableModifiedWeightedAverageTermIncreaseFromModification
P2Y9M18D
CY2022 us-gaap Financing Receivable Modified Weighted Average Term Increase From Modification
FinancingReceivableModifiedWeightedAverageTermIncreaseFromModification
P2Y9M18D
CY2022Q4 trtx Number Of Non Consolidated Senior Interest
NumberOfNonConsolidatedSeniorInterest
0 loan
CY2023Q4 trtx Number Of Non Consolidated Senior Interest
NumberOfNonConsolidatedSeniorInterest
0 loan
CY2023 us-gaap Paid In Kind Interest
PaidInKindInterest
1200000 usd
CY2022 us-gaap Paid In Kind Interest
PaidInKindInterest
1700000 usd
CY2023Q4 trtx Percentage Of Loans Subject To Yield Maintenance Or Other Prepayment Restrictions
PercentageOfLoansSubjectToYieldMaintenanceOrOtherPrepaymentRestrictions
0.084
CY2023Q4 trtx Percentage Of Loans Open To Repayment By Borrower Without Penalty
PercentageOfLoansOpenToRepaymentByBorrowerWithoutPenalty
0.916
CY2022Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
4781402000 usd
CY2021Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
4867203000 usd
CY2023 us-gaap Mortgage Loans On Real Estate New Mortgage Loans
MortgageLoansOnRealEstateNewMortgageLoans
194706000 usd
CY2022 us-gaap Mortgage Loans On Real Estate New Mortgage Loans
MortgageLoansOnRealEstateNewMortgageLoans
1519406000 usd
CY2023 us-gaap Mortgage Loans On Real Estate Other Additions
MortgageLoansOnRealEstateOtherAdditions
140547000 usd
CY2022 us-gaap Mortgage Loans On Real Estate Other Additions
MortgageLoansOnRealEstateOtherAdditions
145199000 usd
CY2023 us-gaap Mortgage Loans On Real Estate Amortization Of Premium
MortgageLoansOnRealEstateAmortizationOfPremium
11955000 usd
CY2022 us-gaap Mortgage Loans On Real Estate Amortization Of Premium
MortgageLoansOnRealEstateAmortizationOfPremium
11085000 usd
CY2023 srt Mortgage Loans On Real Estate Collections Of Principal
MortgageLoansOnRealEstateCollectionsOfPrincipal
890566000 usd
CY2022 srt Mortgage Loans On Real Estate Collections Of Principal
MortgageLoansOnRealEstateCollectionsOfPrincipal
1506870000 usd
CY2023 trtx Mortgage Loans On Real Estate Collection Of Accrued Paid In Kind Interest
MortgageLoansOnRealEstateCollectionOfAccruedPaidInKindInterest
542000 usd
CY2022 trtx Mortgage Loans On Real Estate Collection Of Accrued Paid In Kind Interest
MortgageLoansOnRealEstateCollectionOfAccruedPaidInKindInterest
1314000 usd
CY2023 trtx Sec Schedule1229 Real Estate Companies Investment In Mortgage Loans On Real Estate Collection Of Cost Recovery Proceeds
SECSchedule1229RealEstateCompaniesInvestmentInMortgageLoansOnRealEstateCollectionOfCostRecoveryProceeds
15894000 usd
CY2022 trtx Sec Schedule1229 Real Estate Companies Investment In Mortgage Loans On Real Estate Collection Of Cost Recovery Proceeds
SECSchedule1229RealEstateCompaniesInvestmentInMortgageLoansOnRealEstateCollectionOfCostRecoveryProceeds
0 usd
CY2023 trtx Mortgage Loans On Real Estate Realized Loss On Sales And Other Real Estate Conversions
MortgageLoansOnRealEstateRealizedLossOnSalesAndOtherRealEstateConversions
334727000 usd
CY2022 trtx Mortgage Loans On Real Estate Realized Loss On Sales And Other Real Estate Conversions
MortgageLoansOnRealEstateRealizedLossOnSalesAndOtherRealEstateConversions
4400000 usd
CY2023 us-gaap Mortgage Loans On Real Estate Cost Of Mortgages Sold
MortgageLoansOnRealEstateCostOfMortgagesSold
343637000 usd
CY2022 us-gaap Mortgage Loans On Real Estate Cost Of Mortgages Sold
MortgageLoansOnRealEstateCostOfMortgagesSold
0 usd
CY2023 us-gaap Mortgage Loans On Real Estate Foreclosures
MortgageLoansOnRealEstateForeclosures
263740000 usd
CY2022 us-gaap Mortgage Loans On Real Estate Foreclosures
MortgageLoansOnRealEstateForeclosures
89234000 usd
CY2023 trtx Mortgage Loans On Real Estate Change In Allowance For Credit Losses
MortgageLoansOnRealEstateChangeInAllowanceForCreditLosses
130180000 usd
CY2022 trtx Mortgage Loans On Real Estate Change In Allowance For Credit Losses
MortgageLoansOnRealEstateChangeInAllowanceForCreditLosses
-159673000 usd
CY2023Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
3409684000 usd
CY2022Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
4781402000 usd
CY2023Q3 trtx Financing Receivable Transaction Expense
FinancingReceivableTransactionExpense
900000 usd
CY2023Q4 us-gaap Financing Receivable Unamortized Loan Fee Cost
FinancingReceivableUnamortizedLoanFeeCost
-5200000 usd
CY2022Q4 us-gaap Financing Receivable Unamortized Loan Fee Cost
FinancingReceivableUnamortizedLoanFeeCost
-7900000 usd
CY2023Q4 us-gaap Financing Receivable Unamortized Purchase Premium Discount
FinancingReceivableUnamortizedPurchasePremiumDiscount
-2100000 usd
CY2022Q4 us-gaap Financing Receivable Unamortized Purchase Premium Discount
FinancingReceivableUnamortizedPurchasePremiumDiscount
-18200000 usd
CY2023Q4 trtx Weighted Average Risk Rating
WeightedAverageRiskRating
3.0 rating
CY2022Q4 trtx Weighted Average Risk Rating
WeightedAverageRiskRating
3.2 rating
CY2023Q4 trtx Financing Receivable Allowance For Credit Loss Excluding Accrued Interest And Off Balance Sheet Credit Loss Liability
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterestAndOffBalanceSheetCreditLossLiability
69771000 usd
CY2022Q4 trtx Financing Receivable Allowance For Credit Loss Excluding Accrued Interest And Off Balance Sheet Credit Loss Liability
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterestAndOffBalanceSheetCreditLossLiability
214586000 usd
CY2023Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
67092000 usd
CY2023Q4 us-gaap Off Balance Sheet Credit Loss Liability
OffBalanceSheetCreditLossLiability
2679000 usd
CY2023Q4 trtx Financing Receivable Allowance For Credit Loss Excluding Accrued Interest And Off Balance Sheet Credit Loss Liability
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterestAndOffBalanceSheetCreditLossLiability
69771000 usd
CY2023Q4 us-gaap Financing Receivable Before Allowance For Credit Loss And Fee
FinancingReceivableBeforeAllowanceForCreditLossAndFee
3484052000 usd
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
197272000 usd
CY2023 us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Period Increase Decrease
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossPeriodIncreaseDecrease
-144800000 usd
CY2023Q4 trtx Financing Receivable Allowance For Credit Loss Excluding Accrued Interest And Off Balance Sheet Credit Loss Liability
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterestAndOffBalanceSheetCreditLossLiability
69800000 usd
CY2023 trtx Financing Receivable Allowance For Credit Loss Increase Decrease From Net Investment Activity
FinancingReceivableAllowanceForCreditLossIncreaseDecreaseFromNetInvestmentActivity
-2500000 usd
CY2023 trtx Financing Receivable Allowance For Credit Loss Increase Decrease From Loan Resolution
FinancingReceivableAllowanceForCreditLossIncreaseDecreaseFromLoanResolution
168600000 usd
CY2023 trtx Financing Receivable Allowance For Credit Loss Increase Decrease From Macroeconomic Events
FinancingReceivableAllowanceForCreditLossIncreaseDecreaseFromMacroeconomicEvents
23800000 usd
CY2022 us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Period Increase Decrease
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossPeriodIncreaseDecrease
168400000 usd
CY2022Q4 trtx Financing Receivable Allowance For Credit Loss Excluding Accrued Interest And Off Balance Sheet Credit Loss Liability
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterestAndOffBalanceSheetCreditLossLiability
214600000 usd
CY2022 trtx Financing Receivable Allowance For Credit Loss Increase Decrease Individually Asses Loans As A Result Of Local Market Fundamentals
FinancingReceivableAllowanceForCreditLossIncreaseDecreaseIndividuallyAssesLoansAsAResultOfLocalMarketFundamentals
84500000 usd
CY2022 trtx Financing Receivable Allowance For Credit Loss Increase Decrease Increased Loan Origination
FinancingReceivableAllowanceForCreditLossIncreaseDecreaseIncreasedLoanOrigination
26200000 usd
CY2022 trtx Financing Receivable Allowance For Credit Loss Increase Decrease From Macroeconomic Events
FinancingReceivableAllowanceForCreditLossIncreaseDecreaseFromMacroeconomicEvents
70000000 usd
CY2022 trtx Financing Receivable Allowance For Credit Loss Increase Decrease Increased Repayments
FinancingReceivableAllowanceForCreditLossIncreaseDecreaseIncreasedRepayments
-12400000 usd
CY2022Q4 trtx Number Of Loans Satisfying Criteria For Individual Assessment
NumberOfLoansSatisfyingCriteriaForIndividualAssessment
4 loan
CY2022Q4 trtx Number Of Loans On Non Accrual Status
NumberOfLoansOnNonAccrualStatus
1 loan
CY2022Q4 trtx Number Of Loans Satisfying Criteria For Individual Assessment
NumberOfLoansSatisfyingCriteriaForIndividualAssessment
4 loan
CY2023Q4 trtx Loans Accrued Interest Income
LoansAccruedInterestIncome
0 usd
CY2022Q4 trtx Loans Accrued Interest Income
LoansAccruedInterestIncome
0 usd
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
3476776000 usd
CY2022Q4 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
4978674000 usd
CY2023Q4 trtx Paid In Kind Interest Outstanding
PaidInKindInterestOutstanding
1200000 usd
CY2023 trtx Paid In Kind Interest Accrued
PaidInKindInterestAccrued
0 usd
CY2022Q4 trtx Paid In Kind Interest Outstanding
PaidInKindInterestOutstanding
1714000 usd
CY2021Q4 trtx Paid In Kind Interest Outstanding
PaidInKindInterestOutstanding
3028000 usd
CY2023Q1 trtx Paid In Kind Interest Accrued
PaidInKindInterestAccrued
0 usd
CY2022Q1 trtx Paid In Kind Interest Accrued
PaidInKindInterestAccrued
0 usd
CY2023Q1 trtx Paid In Kind Interest Repayment
PaidInKindInterestRepayment
542000 usd
CY2022Q1 trtx Paid In Kind Interest Repayment
PaidInKindInterestRepayment
313000 usd
CY2023Q1 trtx Paid In Kind Interest Outstanding
PaidInKindInterestOutstanding
1172000 usd
CY2022Q1 trtx Paid In Kind Interest Outstanding
PaidInKindInterestOutstanding
2715000 usd
CY2023Q2 trtx Paid In Kind Interest Accrued
PaidInKindInterestAccrued
0 usd
CY2022Q2 trtx Paid In Kind Interest Accrued
PaidInKindInterestAccrued
0 usd
CY2023Q2 trtx Paid In Kind Interest Repayment
PaidInKindInterestRepayment
0 usd
CY2022Q2 trtx Paid In Kind Interest Repayment
PaidInKindInterestRepayment
300000 usd
CY2023Q2 trtx Paid In Kind Interest Outstanding
PaidInKindInterestOutstanding
1172000 usd
CY2022Q2 trtx Paid In Kind Interest Outstanding
PaidInKindInterestOutstanding
2415000 usd
CY2023Q3 trtx Paid In Kind Interest Accrued
PaidInKindInterestAccrued
0 usd
CY2022Q3 trtx Paid In Kind Interest Accrued
PaidInKindInterestAccrued
0 usd
CY2023Q3 trtx Paid In Kind Interest Repayment
PaidInKindInterestRepayment
0 usd
CY2022Q3 trtx Paid In Kind Interest Repayment
PaidInKindInterestRepayment
0 usd
CY2023Q3 trtx Paid In Kind Interest Outstanding
PaidInKindInterestOutstanding
1172000 usd
CY2022Q3 trtx Paid In Kind Interest Outstanding
PaidInKindInterestOutstanding
2415000 usd
CY2023Q4 trtx Paid In Kind Interest Accrued
PaidInKindInterestAccrued
0 usd
CY2022Q4 trtx Paid In Kind Interest Accrued
PaidInKindInterestAccrued
0 usd
CY2023Q4 trtx Paid In Kind Interest Repayment
PaidInKindInterestRepayment
0 usd
CY2022Q4 trtx Paid In Kind Interest Repayment
PaidInKindInterestRepayment
701000 usd
CY2023Q4 trtx Paid In Kind Interest Outstanding
PaidInKindInterestOutstanding
1172000 usd
CY2022Q4 trtx Paid In Kind Interest Outstanding
PaidInKindInterestOutstanding
1714000 usd
CY2023Q4 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
5 loan
CY2023 trtx Asset Acquisition Tenant Improvements
AssetAcquisitionTenantImprovements
4299000 usd
CY2023 trtx Asset Acquisition Above Market Lease Intangibles
AssetAcquisitionAboveMarketLeaseIntangibles
3902000 usd
CY2023Q4 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
2381000 usd
CY2023 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
5292000 usd
CY2023Q4 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
403000 usd
CY2023 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
1047000 usd
CY2023Q4 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
2784000 usd
CY2023 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
6339000 usd
CY2023Q4 trtx Real Estate Owned Other Operating Income
RealEstateOwnedOtherOperatingIncome
1489000 usd
CY2023 trtx Real Estate Owned Other Operating Income
RealEstateOwnedOtherOperatingIncome
1490000 usd
CY2023Q4 trtx Revenue From Real Estate Owned Operations
RevenueFromRealEstateOwnedOperations
4273000 usd
CY2023 trtx Revenue From Real Estate Owned Operations
RevenueFromRealEstateOwnedOperations
7829000 usd
CY2023Q4 trtx Real Estate Owned Operating Expense
RealEstateOwnedOperatingExpense
1367000 usd
CY2023 trtx Real Estate Owned Operating Expense
RealEstateOwnedOperatingExpense
3955000 usd
CY2023Q4 trtx Real Estate Owned Depreciation And Amortization
RealEstateOwnedDepreciationAndAmortization
1219000 usd
CY2023 trtx Real Estate Owned Depreciation And Amortization
RealEstateOwnedDepreciationAndAmortization
3577000 usd
CY2023Q4 trtx Expenses From Real Estate Owned Operations
ExpensesFromRealEstateOwnedOperations
2586000 usd
CY2023 trtx Expenses From Real Estate Owned Operations
ExpensesFromRealEstateOwnedOperations
7532000 usd
CY2023Q4 us-gaap Profit Loss From Real Estate Operations
ProfitLossFromRealEstateOperations
1687000 usd
CY2023 us-gaap Profit Loss From Real Estate Operations
ProfitLossFromRealEstateOperations
297000 usd
CY2023Q4 us-gaap Depreciation
Depreciation
400000 usd
CY2023 us-gaap Depreciation
Depreciation
1000000 usd
CY2023 us-gaap Payments To Acquire Real Estate Held For Investment
PaymentsToAcquireRealEstateHeldForInvestment
5400000 usd
CY2023Q4 trtx Participating Mortgage Loans Minimum Conversion
ParticipatingMortgageLoansMinimumConversion
0.50
CY2022Q4 trtx Participating Mortgage Loans Minimum Conversion
ParticipatingMortgageLoansMinimumConversion
0.50
CY2023Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
3048448000 usd
CY2022Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
4179211000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
32121000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
2650000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
29471000 usd
CY2023Q4 us-gaap Below Market Lease Gross
BelowMarketLeaseGross
4311000 usd
CY2023Q4 us-gaap Below Market Lease Accumulated Amortization
BelowMarketLeaseAccumulatedAmortization
604000 usd
CY2023Q4 us-gaap Below Market Lease Net
BelowMarketLeaseNet
3707000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
14945000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
11064000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
9605000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
8224000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
6747000 usd
CY2023Q4 trtx Lessor Operating Lease Payment To Be Received After Year Five
LessorOperatingLeasePaymentToBeReceivedAfterYearFive
62215000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
112800000 usd
CY2023Q4 us-gaap Lessor Operating Lease Term Of Contract
LessorOperatingLeaseTermOfContract
P12Y
CY2023Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
4600000 usd
CY2022Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
9000000 usd
CY2023Q4 trtx Other Loan Held For Investment Net
OtherLoanHeldForInvestmentNet
3900000 usd
CY2023Q2 trtx Debt Instrument Extension Term
DebtInstrumentExtensionTerm
P3Y
CY2023Q2 trtx Number Of Credit Facilities
NumberOfCreditFacilities
4 loan
CY2022Q1 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
250000000 usd
CY2022Q1 trtx Number Of Lenders Provided Credit Facility
NumberOfLendersProvidedCreditFacility
5 lender
CY2022Q4 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
290000000 usd
CY2022Q1 us-gaap Debt Instrument Term
DebtInstrumentTerm
P3Y
CY2022Q1 trtx Unused Fee Based On Target Utilization Rate
UnusedFeeBasedOnTargetUtilizationRate
0.500
CY2023 trtx Percentage Of Unused Fee
PercentageOfUnusedFee
0.0020
CY2022 trtx Percentage Of Unused Fee
PercentageOfUnusedFee
0.0018
CY2022Q1 trtx Maximum Period Permits To Finance Eligible Loans
MaximumPeriodPermitsToFinanceEligibleLoans
P180D
CY2022Q1 trtx Initial Advance Rate
InitialAdvanceRate
0.750
CY2023Q3 trtx Debt Instrument Basis Spread On Advanced Rate Increase Decrease
DebtInstrumentBasisSpreadOnAdvancedRateIncreaseDecrease
-0.0005
CY2023Q4 trtx Debt Instrument Basis Spread On Advanced Rate Increase Decrease
DebtInstrumentBasisSpreadOnAdvancedRateIncreaseDecrease
-0.0005
CY2023Q4 us-gaap Line Of Credit
LineOfCredit
23800000 usd
CY2022Q4 us-gaap Line Of Credit
LineOfCredit
44300000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
940846000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
962160000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
418833000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
114947000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
611662000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
0 usd
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
3048448000 usd
CY2023Q4 us-gaap Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
172700000 usd
CY2022Q4 us-gaap Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
145100000 usd
CY2023 trtx Threshold Period Of Delinquency To Consider Loan Nonperforming And Place On Nonaccrual Status
ThresholdPeriodOfDelinquencyToConsiderLoanNonperformingAndPlaceOnNonaccrualStatus
P90D
CY2023Q4 trtx Loans Held For Investment Fair Value Disclosure Nonrecurring
LoansHeldForInvestmentFairValueDisclosureNonrecurring
3400000000 usd
CY2022Q4 trtx Loans Held For Investment Fair Value Disclosure Nonrecurring
LoansHeldForInvestmentFairValueDisclosureNonrecurring
4900000000 usd
CY2023Q4 trtx Loans Held For Investment Weighted Average Gross Credit Spread
LoansHeldForInvestmentWeightedAverageGrossCreditSpread
0.0373
CY2022Q4 trtx Loans Held For Investment Weighted Average Gross Credit Spread
LoansHeldForInvestmentWeightedAverageGrossCreditSpread
0.0344
CY2023 trtx Loans Held For Investment Weighted Average Maturity Period
LoansHeldForInvestmentWeightedAverageMaturityPeriod
P2Y7M6D
CY2023Q4 trtx Excise Tax Percentage
ExciseTaxPercentage
1
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
0 usd
CY2022 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
0 usd
CY2022 us-gaap Unrecognized Tax Benefits Income Tax Penalties Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesExpense
0 usd
CY2023 us-gaap Current Federal State And Local Tax Expense Benefit
CurrentFederalStateAndLocalTaxExpenseBenefit
300000 usd
CY2022 us-gaap Current Federal State And Local Tax Expense Benefit
CurrentFederalStateAndLocalTaxExpenseBenefit
500000 usd
CY2021 us-gaap Current Federal State And Local Tax Expense Benefit
CurrentFederalStateAndLocalTaxExpenseBenefit
1100000 usd
CY2023 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.004
CY2022 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.005
CY2021 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.008
CY2022Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
13300000 usd
CY2023Q4 trtx Remaining Capital Loss Carry Forwards
RemainingCapitalLossCarryForwards
194100000 usd
CY2023 us-gaap Dividends Common Stock Stock
DividendsCommonStockStock
1700000 usd
CY2023 us-gaap Undistributed Earnings Loss Available To Common Shareholders Basic
UndistributedEarningsLossAvailableToCommonShareholdersBasic
1700000 usd
CY2021 us-gaap Dividends Common Stock Stock
DividendsCommonStockStock
700000 usd
CY2021 us-gaap Undistributed Earnings Loss Available To Common Shareholders Basic
UndistributedEarningsLossAvailableToCommonShareholdersBasic
700000 usd
CY2023 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
188571 shares
CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2881459 shares
CY2023 us-gaap Net Income Loss
NetIncomeLoss
-116630000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-60066000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
138550000 usd
CY2023 trtx Dividends Preferred Stock Paid And Accrued
DividendsPreferredStockPaidAndAccrued
12592000 usd
CY2022 trtx Dividends Preferred Stock Paid And Accrued
DividendsPreferredStockPaidAndAccrued
12592000 usd
CY2021 trtx Dividends Preferred Stock Paid And Accrued
DividendsPreferredStockPaidAndAccrued
19194000 usd
CY2023 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
1683000 usd
CY2022 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
986000 usd
CY2021 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
717000 usd
CY2023 trtx Preferred Stock Redemption Make Whole Payment
PreferredStockRedemptionMakeWholePayment
0 usd
CY2022 trtx Preferred Stock Redemption Make Whole Payment
PreferredStockRedemptionMakeWholePayment
0 usd
CY2021 trtx Preferred Stock Redemption Make Whole Payment
PreferredStockRedemptionMakeWholePayment
22485000 usd
CY2023 trtx Write Off Of Unamortized Discount Including Unamortized Amounts Related To Allocated Warrant Fair Value And Transaction Costs
WriteOffOfUnamortizedDiscountIncludingUnamortizedAmountsRelatedToAllocatedWarrantFairValueAndTransactionCosts
0 usd
CY2022 trtx Write Off Of Unamortized Discount Including Unamortized Amounts Related To Allocated Warrant Fair Value And Transaction Costs
WriteOffOfUnamortizedDiscountIncludingUnamortizedAmountsRelatedToAllocatedWarrantFairValueAndTransactionCosts
0 usd
CY2021 trtx Write Off Of Unamortized Discount Including Unamortized Amounts Related To Allocated Warrant Fair Value And Transaction Costs
WriteOffOfUnamortizedDiscountIncludingUnamortizedAmountsRelatedToAllocatedWarrantFairValueAndTransactionCosts
25449000 usd
CY2023 us-gaap Undistributed Earnings
UndistributedEarnings
-130905000 usd
CY2022 us-gaap Undistributed Earnings
UndistributedEarnings
-73644000 usd
CY2021 us-gaap Undistributed Earnings
UndistributedEarnings
70705000 usd
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
77575788 shares
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
77296524 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
76977743 shares
CY2023 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
0 shares
CY2022 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
0 shares
CY2021 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
4706645 shares
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
77575788 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
77296524 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
81684388 shares
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.69
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.95
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.92
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.69
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.95
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.87
CY2020Q2 trtx Number Of Tranches
NumberOfTranches
3 tranche
CY2023Q4 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
19200000 usd
CY2022Q4 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
19000000 usd
CY2023Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
19200000 usd
CY2022Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
19000000 usd
CY2023 trtx Dividends Common Stock Paidinkind Shares
DividendsCommonStockPaidinkindShares
16049 shares
CY2022 trtx Dividends Common Stock Paidinkind Shares
DividendsCommonStockPaidinkindShares
11361 shares
CY2023Q4 trtx Unfunded Commitments Loans Held For Investment
UnfundedCommitmentsLoansHeldForInvestment
183300000 usd
CY2022Q4 trtx Unfunded Commitments Loans Held For Investment
UnfundedCommitmentsLoansHeldForInvestment
426100000 usd
CY2023Q4 trtx Loan Commitment Principal Amount
LoanCommitmentPrincipalAmount
3666173000 usd
CY2023Q4 trtx Unfunded Commitments Related To Loans Receivable
UnfundedCommitmentsRelatedToLoansReceivable
183293000 usd
CY2023Q4 trtx Percentage Of Loan Commitment Principal Amount
PercentageOfLoanCommitmentPrincipalAmount
1.000
CY2023Q4 us-gaap Financing Receivable Before Allowance For Credit Loss And Fee
FinancingReceivableBeforeAllowanceForCreditLossAndFee
3484052000 usd
CY2023Q4 trtx Percentage Of Loans And Leases Receivable Unpaid Principal Balance
PercentageOfLoansAndLeasesReceivableUnpaidPrincipalBalance
1.000
CY2023Q4 trtx Loan Commitment Capitalized Interest Costs
LoanCommitmentCapitalizedInterestCosts
1200000 usd
CY2022Q4 trtx Loan Commitment Capitalized Interest Costs
LoanCommitmentCapitalizedInterestCosts
1700000 usd
CY2023Q4 trtx Loan Commitment Principal Amount
LoanCommitmentPrincipalAmount
3666173000 usd
CY2023Q4 trtx Unfunded Commitments Related To Loans Receivable
UnfundedCommitmentsRelatedToLoansReceivable
183293000 usd
CY2023Q4 trtx Percentage Of Loan Commitment Principal Amount
PercentageOfLoanCommitmentPrincipalAmount
1.000
CY2023Q4 us-gaap Financing Receivable Before Allowance For Credit Loss And Fee
FinancingReceivableBeforeAllowanceForCreditLossAndFee
3484052000 usd
CY2023Q4 trtx Percentage Of Loans And Leases Receivable Unpaid Principal Balance
PercentageOfLoansAndLeasesReceivableUnpaidPrincipalBalance
1.000
CY2022Q4 trtx Loan Commitment Principal Amount
LoanCommitmentPrincipalAmount
5429146000 usd
CY2022Q4 trtx Unfunded Commitments Related To Loans Receivable
UnfundedCommitmentsRelatedToLoansReceivable
426061000 usd
CY2022Q4 trtx Percentage Of Loan Commitment Principal Amount
PercentageOfLoanCommitmentPrincipalAmount
1.000
CY2022Q4 us-gaap Financing Receivable Before Allowance For Credit Loss And Fee
FinancingReceivableBeforeAllowanceForCreditLossAndFee
5004798000 usd
CY2022Q4 trtx Percentage Of Loans And Leases Receivable Unpaid Principal Balance
PercentageOfLoansAndLeasesReceivableUnpaidPrincipalBalance
1.000
CY2023Q4 trtx Loan Commitment Capitalized Interest Costs
LoanCommitmentCapitalizedInterestCosts
1200000 usd
CY2022Q4 trtx Loan Commitment Capitalized Interest Costs
LoanCommitmentCapitalizedInterestCosts
1700000 usd
CY2023Q4 trtx Loan Commitment Principal Amount
LoanCommitmentPrincipalAmount
3666173000 usd
CY2023Q4 trtx Unfunded Commitments Related To Loans Receivable
UnfundedCommitmentsRelatedToLoansReceivable
183293000 usd
CY2023Q4 trtx Percentage Of Loan Commitment Principal Amount
PercentageOfLoanCommitmentPrincipalAmount
1.000
CY2023Q4 us-gaap Financing Receivable Before Allowance For Credit Loss And Fee
FinancingReceivableBeforeAllowanceForCreditLossAndFee
3484052000 usd
CY2023Q4 trtx Percentage Of Loans And Leases Receivable Unpaid Principal Balance
PercentageOfLoansAndLeasesReceivableUnpaidPrincipalBalance
1.000
CY2022Q4 trtx Loan Commitment Principal Amount
LoanCommitmentPrincipalAmount
5429146000 usd
CY2022Q4 trtx Unfunded Commitments Related To Loans Receivable
UnfundedCommitmentsRelatedToLoansReceivable
426061000 usd
CY2022Q4 trtx Percentage Of Loan Commitment Principal Amount
PercentageOfLoanCommitmentPrincipalAmount
1.000
CY2022Q4 us-gaap Financing Receivable Before Allowance For Credit Loss And Fee
FinancingReceivableBeforeAllowanceForCreditLossAndFee
5004798000 usd
CY2022Q4 trtx Percentage Of Loans And Leases Receivable Unpaid Principal Balance
PercentageOfLoansAndLeasesReceivableUnpaidPrincipalBalance
1.000
CY2023Q4 trtx Loan Commitment Capitalized Interest Costs
LoanCommitmentCapitalizedInterestCosts
1200000 usd
CY2022Q4 trtx Loan Commitment Capitalized Interest Costs
LoanCommitmentCapitalizedInterestCosts
1700000 usd
CY2023Q4 trtx Financing Receivable Allowance For Credit Losses Loans Held For Investment
FinancingReceivableAllowanceForCreditLossesLoansHeldForInvestment
67092000 usd
CY2023Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
3409684000 usd
CY2023Q4 srt Mortgage Loans On Real Estate Federal Income Tax Basis1
MortgageLoansOnRealEstateFederalIncomeTaxBasis1
3500000000 usd
CY2023Q4 trtx Financing Receivable Allowance For Credit Losses Loans Held For Investment
FinancingReceivableAllowanceForCreditLossesLoansHeldForInvestment
67100000 usd
CY2022Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
4781402000 usd
CY2021Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
4867203000 usd
CY2020Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
4456460000 usd
CY2023 us-gaap Mortgage Loans On Real Estate New Mortgage Loans
MortgageLoansOnRealEstateNewMortgageLoans
194706000 usd
CY2022 us-gaap Mortgage Loans On Real Estate New Mortgage Loans
MortgageLoansOnRealEstateNewMortgageLoans
1519406000 usd
CY2021 us-gaap Mortgage Loans On Real Estate New Mortgage Loans
MortgageLoansOnRealEstateNewMortgageLoans
1623585000 usd
CY2023 us-gaap Mortgage Loans On Real Estate Other Additions
MortgageLoansOnRealEstateOtherAdditions
140547000 usd
CY2022 us-gaap Mortgage Loans On Real Estate Other Additions
MortgageLoansOnRealEstateOtherAdditions
145199000 usd
CY2021 us-gaap Mortgage Loans On Real Estate Other Additions
MortgageLoansOnRealEstateOtherAdditions
146032000 usd
CY2023 trtx Mortgage Loans On Real Estate Amortization Of Discount And Origination Fees
MortgageLoansOnRealEstateAmortizationOfDiscountAndOriginationFees
11955000 usd
CY2022 trtx Mortgage Loans On Real Estate Amortization Of Discount And Origination Fees
MortgageLoansOnRealEstateAmortizationOfDiscountAndOriginationFees
11085000 usd
CY2021 trtx Mortgage Loans On Real Estate Amortization Of Discount And Origination Fees
MortgageLoansOnRealEstateAmortizationOfDiscountAndOriginationFees
7203000 usd
CY2023 srt Mortgage Loans On Real Estate Collections Of Principal
MortgageLoansOnRealEstateCollectionsOfPrincipal
890566000 usd
CY2022 srt Mortgage Loans On Real Estate Collections Of Principal
MortgageLoansOnRealEstateCollectionsOfPrincipal
1506870000 usd
CY2021 srt Mortgage Loans On Real Estate Collections Of Principal
MortgageLoansOnRealEstateCollectionsOfPrincipal
1236032000 usd
CY2023 trtx Mortgage Loans On Real Estate Collection Of Accrued Pik Interest
MortgageLoansOnRealEstateCollectionOfAccruedPIKInterest
542000 usd
CY2022 trtx Mortgage Loans On Real Estate Collection Of Accrued Pik Interest
MortgageLoansOnRealEstateCollectionOfAccruedPIKInterest
1314000 usd
CY2021 trtx Mortgage Loans On Real Estate Collection Of Accrued Pik Interest
MortgageLoansOnRealEstateCollectionOfAccruedPIKInterest
0 usd
CY2023 trtx Sec Schedule1229 Real Estate Companies Investment In Mortgage Loans On Real Estate Collections Of Interest Applied To Reduce Principal
SECSchedule1229RealEstateCompaniesInvestmentInMortgageLoansOnRealEstateCollectionsOfInterestAppliedToReducePrincipal
15894000 usd
CY2022 trtx Sec Schedule1229 Real Estate Companies Investment In Mortgage Loans On Real Estate Collections Of Interest Applied To Reduce Principal
SECSchedule1229RealEstateCompaniesInvestmentInMortgageLoansOnRealEstateCollectionsOfInterestAppliedToReducePrincipal
0 usd
CY2021 trtx Sec Schedule1229 Real Estate Companies Investment In Mortgage Loans On Real Estate Collections Of Interest Applied To Reduce Principal
SECSchedule1229RealEstateCompaniesInvestmentInMortgageLoansOnRealEstateCollectionsOfInterestAppliedToReducePrincipal
0 usd
CY2023 trtx Mortgage Loans On Real Estate Write Off
MortgageLoansOnRealEstateWriteOff
334727000 usd
CY2022 trtx Mortgage Loans On Real Estate Write Off
MortgageLoansOnRealEstateWriteOff
4400000 usd
CY2021 trtx Mortgage Loans On Real Estate Write Off
MortgageLoansOnRealEstateWriteOff
0 usd
CY2023 trtx Mortgage Loans On Real Estate Loan Sales
MortgageLoansOnRealEstateLoanSales
343637000 usd
CY2022 trtx Mortgage Loans On Real Estate Loan Sales
MortgageLoansOnRealEstateLoanSales
0 usd
CY2021 trtx Mortgage Loans On Real Estate Loan Sales
MortgageLoansOnRealEstateLoanSales
147986000 usd
CY2023 trtx Mortgage Loans On Real Estate Loan Extinguishment On Conversion To Reo
MortgageLoansOnRealEstateLoanExtinguishmentOnConversionToREO
263740000 usd
CY2022 trtx Mortgage Loans On Real Estate Loan Extinguishment On Conversion To Reo
MortgageLoansOnRealEstateLoanExtinguishmentOnConversionToREO
89234000 usd
CY2021 trtx Mortgage Loans On Real Estate Loan Extinguishment On Conversion To Reo
MortgageLoansOnRealEstateLoanExtinguishmentOnConversionToREO
0 usd
CY2023 trtx Mortgage Loans On Real Estate Allowance For Credit Losses
MortgageLoansOnRealEstateAllowanceForCreditLosses
130180000 usd
CY2022 trtx Mortgage Loans On Real Estate Allowance For Credit Losses
MortgageLoansOnRealEstateAllowanceForCreditLosses
-159673000 usd
CY2021 trtx Mortgage Loans On Real Estate Allowance For Credit Losses
MortgageLoansOnRealEstateAllowanceForCreditLosses
17941000 usd
CY2023Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
3409684000 usd
CY2022Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
4781402000 usd
CY2021Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
4867203000 usd

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