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Balance Sheets Overview

Debt to Asset Ratio
84.90%
Unit: Thousand (K) dollars
Assets Breakdown
    • Commercial real estate loans, he...
    • Consolidated variable interest e...
    • Real estate owned, held-for-inve...
    • Others
Liabilities Breakdown
    • Secured financing agreements, ne...
    • Additional paid-in capital
    • Consolidated variable interest e...
    • Others
Balance Sheets
2026-06-30
2026-03-31
2025-12-31
2025-09-30
Commercial real estate loan, held-for-sale-Real Estate Asset
-
-
96,798
92,741
Commercial real estate loan, held-for-sale-CMBSBPieces
-
-
35,424
35,540
Commercial real estate loan, held-for-sale-Unconsolidated Enity
-
-
15,110
-
Accrued interest receivable-Consolidated Entity Excluding Vie
-
-
25,199
25,745
Cash and cash equivalents
83,058
135,437
84,617
204,094
Commercial real estate loans, held-for-investment
4,373,120
4,885,906
5,347,756
5,296,610
Less allowance for credit losses
291,916
258,679
201,924
157,344
Less allowance for credit losses
-
-
201,924
157,344
Commercial real estate loans, held-for-investment, net-Consolidated Entity Excluding Vie
4,081,204
4,627,227
5,145,832
5,139,266
Commercial real estate loan, held-for-sale
70,355
219,990
-
-
Real estate owned, held-for-investment, net
360,425
340,002
338,595
338,937
Real estate owned assets, held-for-sale
132,571
131,595
130,188
127,871
Equity method investments
273,088
147,290
-
-
Investments in cmbs securities
26,800
26,800
-
-
Commercial real estate loans, held-for-investment, net-Variable Interest Entity Primary Beneficiary
-
-
502,751
503,418
Accrued interest receivable-Variable Interest Entity Primary Beneficiary
-
-
2,479
2,402
Consolidated variable interest entities assets, cmbs trusts, at fair value-Variable Interest Entity Primary Beneficiary
1,241,299
1,272,193
-
-
Other assets
290,483
49,561
87,650
14,960
Total assets
6,559,283
6,950,095
6,464,643
6,484,974
Secured financing agreements, net
3,024,096
2,801,204
2,862,689
2,699,119
Collateralized loan obligations, net
660,342
1,066,048
1,198,332
1,324,409
Secured term loan, net
630,424
631,478
632,516
633,541
Dividends payable
-
-
16,092
16,307
Accrued interest payable-Consolidated Entity Excluding Vie
-
-
12,893
12,680
Real estate owned liabilities, held-for-sale
3,039
2,970
3,867
1,132
Consolidated variable interest entities liabilities, cmbs trusts, at fair value-Variable Interest Entity Primary Beneficiary
1,216,917
1,247,858
-
-
Other liabilities-Related Party
7,197
5,515
6,506
6,092
Collateralized loan obligations, net-Variable Interest Entity Primary Beneficiary
-
-
493,680
494,397
Accrued interest payable-Variable Interest Entity Primary Beneficiary
-
-
2,380
2,306
Other liabilities-Nonrelated Party
26,969
42,134
10,484
12,878
Total liabilities
5,568,984
5,797,207
5,239,439
5,202,861
Preferred stock, 0.01 par value, 50,000,000 shares authorized series a cumulative redeemable preferred stock, (13,110,000 shares issued and outstanding as of june30, 2026 and december31, 2025) liquidation preference of 327,750, or 25.00 per share
131
131
131
131
Common stock, 0.01 par value, 300,000,000 authorized (60,929,760 shares issued and 58,577,948 outstanding as of june30, 2026 65,488,680 shares issued and 64,367,737 shares outstanding as of december31, 2025)
609
643
644
652
Additional paid-in capital
1,659,313
1,678,950
1,687,168
1,687,029
Accumulated deficit
-711,732
-584,080
-506,130
-458,049
Repurchased stock (2,351,812 and 1,120,943 shares repurchased as of june30, 2026 and december31, 2025, respectively)
16,552
0
9,263
-
Total kkr real estate finance trust inc. stockholders equity
931,769
1,095,644
1,172,550
1,229,763
Noncontrolling interests in equity of consolidated joint ventures
58,530
57,244
52,654
52,350
Total equity
990,299
1,152,888
1,225,204
1,282,113
Total liabilities and equity
6,559,283
6,950,095
6,464,643
6,484,974
Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

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Balance Sheets

Commercial real estateloans,...$4,373,120K Commercial real estateloans,...$4,081,204K Consolidated variableinterest entities...$1,241,299K Real estate owned,held-for-investment, net$360,425K Other assets$290,483K Equity methodinvestments$273,088K Real estate ownedassets, held-for-sale$132,571K Cash and cashequivalents$83,058K Commercial real estateloan, held-for-sale$70,355K Investments in cmbssecurities$26,800K Less allowance forcredit losses$291,916K Total assets$6,559,283K Total liabilities andequity$6,559,283K Total liabilities$5,568,984K Total equity$990,299K Secured financingagreements, net$3,024,096K Consolidated variableinterest entities...$1,216,917K Collateralized loanobligations, net$660,342K Secured term loan, net$630,424K Otherliabilities-Nonrelated Party$26,969K Otherliabilities-Related Party$7,197K Real estate ownedliabilities, held-for-sale$3,039K Total kkr real estatefinance trust inc....$931,769K Noncontrolling interests inequity of consolidated...$58,530K Accumulated deficit-$711,732K Repurchased stock(2,351,812 and 1,120,943...$16,552K Additional paid-in capital$1,659,313K Common stock, 0.01 parvalue, 300,000,000...$609K Preferred stock, 0.01 parvalue, 50,000,000...$131K

KKR Real Estate Finance Trust Inc. (KREF)

KKR Real Estate Finance Trust Inc. (KREF)