KKR Real Estate Finance Trust Results Presentation Deck
Reconciliation of GAAP Net Income (Loss) to
Distributable Earnings
(in thousands - except share and per share data)
Net Income (Loss) Attributable to Common Stockholders
Adjustments
Non-cash equity compensation expense
Unrealized (gains) or losses, net
Provision for (reversal of) credit losses, net
Non-cash convertible notes discount amortization
Distributable Earnings before realized loss on loan write-offs
Distributable Earnings
Weighted average number of shares of common stock outstanding,
diluted
(1) Numbers presented may not foot due to rounding
KREF
June 30, 2023
$
$
$
(25,772) $
2,174
292
56,335
44
33,073 $
33,073 $
69,115,654
Per Diluted
Share (¹)
March 31, 2023
(0.37) $ (30,810) $
0.03
0.82
Three Months Ended
0.48 $
0.48 $
2,152
1,173
60,467
89
33,071 $
33,071 $
69,095,011
Per Diluted
Share (¹)
June 30, 2022
(0.45) $
19,394 $
0.03
0.02
0.88
0.48 $
0.48 $
2,040
(190)
11,798
90
33,132 $
33,132 $
68,549,049
Per Diluted
Share (¹)
0.28
0.03
0.17
0.48
0.48
23View entire presentation