Integrated Global Real Estate Platform
Consolidated Balance Sheets
(in thousands - except share and per share data)
Assets
Cash and cash equivalents (1)
Commercial real estate loans, held-for-investment
Less: Allowance for credit losses
Commercial real estate loans, held-for-investment, net
Real estate owned, net
Accrued interest receivable
Equity method investments
Other assets
Total Assets
Liabilities and Equity
Liabilities
Secured financing agreements, net
Collateralized loan obligations, net
Secured term loan, net
Convertible notes, net
Dividends payable
Accrued interest payable
Other liabilities
Due to affiliates
Total Liabilities
Commitments and Contingencies
Equity
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 June 30, 2023 and December 31, 2022); liquidation
preference of $25.00 per share
Common stock, $0.01 par value, 300,000,000 authorized (75,091,757 and 75,080,707 shares issued; 69,106,061 and 69,095,011 shares outstanding; as of
June 30, 2023 and December 31, 2022)
Additional paid-in capital
Accumulated deficit
Repurchased stock (5,985,696 shares repurchased as of June 30, 2023 and December 31, 2022)
Total KKR Real Estate Finance Trust Inc. stockholders' equity
Noncontrolling interests in equity of consolidated joint venture
Total Equity
Total Liabilities and Equity
(1)
Includes $80 million and $151 million held in collateralized loan obligation as of June 30, 2023 and December 31, 2022, respectively
KREF
June 30, 2023
December 31, 2022
$
207,698
$
239,791
7,445,958
7,494,138
(223,767)
(106,974)
7,222,191
7,387,164
81,405
80,231
39,512
39,005
35,486
36,849
22,953
19,281
$
7,609,245
$
7,802,321
$
3,807,758
1,939,703
$
3,748,691
1,935,592
336,105
336,828
143,237
29,716
29,711
18,265
17,859
9,635
10,245
8,328
8,722
6,149,510
6,230,885
131
131
691
691
1,813,309
(257,512)
1,808,983
(141,503)
(96,764)
(96,764)
1,459,855
(120)
$
1,459,735
7,609,245
$
1,571,538
(102)
1,571,436
7,802,321
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