For the quarter ending 2026-03-31.
| Income Statement | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Interest income | 95,906 | 105,163* | 108,019 | 112,272 |
| Interest expense | 69,717 | 75,782* | 82,685 | 82,101 |
| Total net interest income | 26,189 | 29,381* | 25,334 | 30,171 |
| Revenue from real estate owned operations | 4,944 | 1,692* | 4,742 | 4,025 |
| Income (gain) from equity method investments | 657 | 574* | -105 | -619 |
| Change in net assets of consolidated variable interest entities, cmbs trusts | 439 | 1,771* | -347 | - |
| Loss (gain) on sale of investments | - | -596* | 0 | 1,192 |
| Gain (loss) on foreign currency translation | -5,377 | 298* | - | - |
| Gain (loss) on foreign currency forward contracts | 6,853 | -316* | - | - |
| Change in net assets of consolidated variable interest entity, cmbs trust-Variable Interest Entity Primary Beneficiary | - | - | - | 41 |
| Other miscellaneous income | 894 | 1,411* | 1,096 | 1,061 |
| Total other income | 8,410 | 4,833* | 6,080 | 5,700 |
| Provision for credit losses, net | 73,541 | 43,138* | 975 | 49,848 |
| Expenses from real estate owned operations | 8,122 | 5,455* | 7,302 | 6,178 |
| Management fee to related parties | 5,511 | 5,643* | 5,619 | 5,737 |
| Incentive compensation to affiliate | - | 0* | - | - |
| General and administrative | 4,584 | 3,922* | 4,746 | 4,681 |
| Total operating expenses | 91,758 | 58,157* | 18,642 | 66,444 |
| Income (loss) before income taxes | -57,159 | -23,943* | 12,772 | -30,573 |
| Income tax expense | 0 | -156* | 0 | 0 |
| Net income (loss) | -57,159 | -23,787* | 12,772 | -30,573 |
| Net income (loss) attributable to noncontrolling interests | -1,019 | -658* | -1,006 | -847 |
| Net income (loss) attributable to kkr real estate finance trust inc. and subsidiaries | -56,140 | -23,129* | 13,778 | -29,726 |
| Preferred stock dividends | 5,326 | 5,326* | 5,326 | 5,326 |
| Participating securities' share in earnings | 415 | 411* | 373 | 373 |
| Net income (loss) attributable to common stockholders | -61,881 | -28,866 | 8,079 | -35,425 |
| Basic EPS | -0.96 | -0.429 | 0.12 | -0.53 |
| Diluted EPS | -0.96 | -0.429 | 0.12 | -0.53 |
| Basic Average Shares | 64,673,125 | 67,354,260 | 65,876,727 | 67,191,309 |
| Diluted Average Shares | 64,673,125 | 67,354,260 | 65,876,727 | 67,191,309 |
KKR Real Estate Finance Trust Inc. (KREF)
KKR Real Estate Finance Trust Inc. (KREF)