KKR Real Estate Finance Trust Inc.KREF
| Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 |
---|
Net income (loss) | 60 | 90 | 90 | 54 | 137 | 38 | -32 |
---|
Amortization of Debt Issuance Costs and Discounts | 3 | 9 | 17 | 22 | 16 | 24 | 26 |
---|
Accretion of deferred loan fees and discounts | - | - | - | 17 | 23 | 25 | 24 |
---|
Payment-in-kind interest | - | - | - | - | 2 | 2 | - |
---|
Loss (gain) on sale of investment | - | 13 | -3 | - | 5 | - | - |
---|
Loss (income) from equity method investments | 1 | 1 | 1 | -3 | 3 | 1 | -2 |
---|
Provision for (reversal of) credit losses, net | - | - | - | - | - | 112 | 175 |
---|
Stock-based compensation expense | 0 | 2 | 4 | 6 | 7 | 8 | 8 |
---|
Accrued interest receivable, net | 5 | 7 | -0 | -1 | -0 | 24 | 2 |
---|
Other assets | -3 | 2 | -0 | 0 | 1 | -0 | -0 |
---|
Accrued interest payable | 1 | 6 | -1 | -1 | 1 | 11 | 2 |
---|
Accounts payable, accrued expenses and other liabilities | -2 | 3 | 0 | 2 | 1 | -1 | -1 |
---|
Due to affiliates | 3 | -1 | 0 | -0 | 1 | 1 | -0 |
---|
Net cash provided by (used in) operating activities | 54 | 77 | 92 | 115 | 125 | 141 | 156 |
---|
Proceeds from Principal Repayment, Loan and Lease, Held-for-Investment | 34 | 446 | 1,935 | 1,055 | 2,362 | 1,244 | 691 |
---|
Origination of commercial real estate loans, held-for-investment | 1,202 | 2,541 | 2,865 | 966 | 3,905 | 2,420 | 677 |
---|
Investment in real estate owned | - | - | - | - | - | 2 | - |
---|
Investment in real estate owned | - | - | - | - | - | - | 2 |
---|
Proceeds from Real Estate and Real Estate Joint Ventures | 37 | - | - | - | 1 | - | 1 |
---|
Net cash provided by (used in) investing activities | -1,084 | -1,997 | -926 | 89 | -1,541 | -1,177 | 13 |
---|
Proceeds from Long-Term Lines of Credit | - | - | - | 1,015 | 3,642 | 2,484 | 811 |
---|
Proceeds From Issuance Of Collateralized Loan Obligation | - | - | - | - | 1,095 | 848 | - |
---|
Proceeds from Issuance of Secured Debt | 984 | 2,311 | 3,218 | 293 | 52 | - | - |
---|
Proceeds from Issuance of Common Stock | 581 | 110 | - | - | 121 | 194 | - |
---|
Net proceeds from issuances of preferred stock | - | - | - | - | 167 | 151 | - |
---|
Proceeds from Noncontrolling Interests | - | - | - | - | - | 0 | 0 |
---|
Payments of common stock dividends | 51 | 89 | 99 | 96 | 96 | 115 | 119 |
---|
Payments of preferred stock dividends | 0 | 0 | 1 | 1 | 8 | 22 | 21 |
---|
Principal repayments on borrowings under secured financing agreements | 460 | 1,315 | 2,285 | 1,333 | 2,488 | 2,455 | 791 |
---|
Principal repayments on borrowings under collateralized loan obligations | - | - | - | - | 810 | - | - |
---|
Principal repayments on borrowings under convertible notes | - | - | - | - | - | - | 144 |
---|
Payments of debt and collateralized debt obligation issuance costs | 3 | 26 | 12 | 12 | 24 | 33 | 6 |
---|
Principal repayments on borrowings under collateralized loan obligations | - | - | - | - | 810 | - | - |
---|
Principal repayments on loan participations | - | - | - | - | 66 | - | - |
---|
Payments of debt and collateralized debt obligation issuance costs | 3 | 26 | 12 | 12 | 24 | 33 | 6 |
---|
Payments of stock issuance costs | 5 | 1 | 1 | 0 | 1 | 1 | - |
---|
Principal repayments on loan participations | - | - | - | - | 66 | - | - |
---|
Payments to reacquire common stock | 1 | 31 | 4 | 25 | - | 36 | - |
---|
Payments of stock issuance costs | 5 | 1 | 1 | 0 | 1 | 1 | - |
---|
Tax withholding on stock-based compensation | - | 0 | 0 | 1 | 6 | 3 | 2 |
---|
Payments to reacquire common stock | 1 | 31 | 4 | 25 | - | 36 | - |
---|
Net cash provided by (used in) financing activities | 1,037 | 1,903 | 816 | -161 | 1,579 | 1,013 | -272 |
---|
Tax withholding on stock-based compensation | - | 0 | 0 | 1 | 6 | 3 | 2 |
---|
Net cash provided by (used in) financing activities | 1,037 | 1,903 | 816 | -161 | 1,579 | 1,013 | -272 |
---|
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash | - | - | -19 | 43 | 163 | -23 | -102 |
---|
Cash paid during the period for interest | - | 67 | 146 | 103 | 95 | 201 | 430 |
---|
Income Taxes Paid | 1 | 1 | 0 | 0 | 0 | 1 | 0 |
---|
Dividends | 20 | 25 | 25 | 24 | 27 | 30 | - |
---|
Assumption of real estate owned | - | - | - | - | - | - | 76 |
---|
Loan principal payments held by servicer | 5 | - | - | 16 | - | - | - |
---|
Other Assets, Assumption Of Real Estate | - | - | - | - | - | - | 25 |
---|
Other Liabilities, Assumption Of Real Estate | - | - | - | - | - | - | 16 |
---|
Transfer of senior loans to real estate owned | - | - | - | - | 78 | - | 86 |
---|
Loan Modification, Accounted For New Loan | - | - | - | - | - | - | 199 |
---|