| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income (loss) | -23,550 | - |
| Accretion of deferred loan fees and discounts | 12,104 | - |
| Payment-in-kind interest | 1,181 | - |
| Amortization of deferred debt issuance costs and discounts | 10,833 | - |
| (income) loss from equity method investments | -3,097 | - |
| Change in net assets of consolidated variable interest entity, cmbs trust-Variable Interest Entity Primary Beneficiary | -96 | - |
| Provision for credit losses, net | 75,686 | - |
| Depreciation and amortization | 1,711 | - |
| Stock-based compensation expense | 6,442 | - |
| (gain) loss on sale of investments | 1,192 | - |
| Assets related to real estate owned, held for sale, net of liabilities | -1,529 | - |
| Accrued interest receivable, net | -3,008 | - |
| Other assets | -1,209 | - |
| Accrued interest payable | -7,259 | - |
| Due to affiliates | 174 | - |
| Other liabilities | 299 | - |
| Net cash provided by (used in) operating activities | 55,548 | 37,043 |
| Proceeds from principal repayments of commercial real estate loans | 1,112,490 | 629,832 |
| Originations and fundings of commercial real estate loans | 706,368 | 626,464 |
| Capital expenditures on real estate owned | 2,875 | 1,895 |
| Payment to acquire real estate owned | 10,651 | 852 |
| Net proceeds (payment) on sale of real estate owned, held for investment | -5,866 | -5,866 |
| Net proceeds (payment) on sale of real estate owned, held for sale | -24,395 | -24,395 |
| Payment to acquire equity method investment, real estate asset | 0 | 0 |
| Contributions to equity method investment, real estate asset | 14,072 | 5,648 |
| Payment to acquire interests in cmbs trust | 9,021 | 9,021 |
| Net cash provided by (used in) investing activities | 399,764 | 16,213 |
| Proceeds from borrowings under secured financing agreements | 1,288,799 | 1,003,275 |
| Proceeds from issuance of secured term loan | 310,765 | 209,813 |
| Proceeds from noncontrolling interest contributions | 1,242 | 975 |
| Principal repayments on borrowings under secured financing agreements | 1,386,916 | 853,178 |
| Principal repayments on borrowings under collateralized loan obligations | 441,752 | 318,357 |
| Principal repayments on borrowings under secured term loan | 3,000 | 1,375 |
| Payments of debt and collateralized debt obligation issuance costs | 23,199 | 16,315 |
| Payments of common stock dividends | 50,553 | 34,134 |
| Payments of preferred stock dividends | 15,978 | 10,652 |
| Payments to repurchase common stock | 34,131 | 29,895 |
| Net cash provided by (used in) financing activities | -354,723 | -49,843 |
| Net increase (decrease) in cash, cash equivalents and restricted cash | 100,589 | 3,413 |
| Cash and cash equivalents at beginning of period | 106,547 | - |
| Cash and cash equivalents at end of period | 207,136 | - |
KKR Real Estate Finance Trust Inc. (KREF)
KKR Real Estate Finance Trust Inc. (KREF)