{
  "docId": "019de512-d7b5-728f-8da4-71a3b9f0879b",
  "docSlug": "0005f3ea3dac9c9edc4bbd5e829888ac",
  "documentTitle": "KKR Real Estate Finance Trust | Results Presentation Deck | 24 slides",
  "authorId": "kkr-real-estate-finance-trust",
  "authorName": "KKR Real Estate Finance Trust",
  "documentKindSlug": "conference-presentation",
  "documentKindLabel": "Conference presentation",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2022-04-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.3333334,
  "pageNumber": 23,
  "pageCount": 24,
  "prevPage": 22,
  "nextPage": 24,
  "slideType": "appendix_data",
  "function": "analyze_data",
  "density": "dense",
  "nDataPoints": 60,
  "notes": "Includes detailed footnotes explaining specific adjustments like loan write-offs and convertible note impacts.",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de512-d7b5-728f-8da4-71a3b9f0879b/23",
  "deckHref": "/decks/019de512-d7b5-728f-8da4-71a3b9f0879b",
  "deckJsonHref": "/decks/019de512-d7b5-728f-8da4-71a3b9f0879b.json",
  "deckAnchorHref": "/decks/019de512-d7b5-728f-8da4-71a3b9f0879b#slide-23",
  "components": [
    {
      "bbox": {
        "h": 0.15,
        "w": 0.9,
        "x": 0.05,
        "y": 0.83
      },
      "kind": "paragraph",
      "text": "(1) Diluted weighted average common shares outstanding for Distributable Earnings excludes 6,316,174 potentially issuable shares under assumed conversion of the Convertible Notes\n(2) Includes ($1.0) million, ($1.1) million, and $0.0 million of unrealized mark-to-market adjustment to RECOP I's underlying CMBS investments during 1Q'22, 4Q'21, and 1Q'21, respectively. Includes $2.5 million and $0.7 million non-cash redemption value adjustment of the Special Non-Voting Preferred Stock (SNVPS) during 4Q'21 and 1Q'21, respectively\n(3) Includes $32.1 million write-off on a defaulted senior retail loan which we took title of the underlying property and $0.9 million write-off of the remaining balance on an impaired mezzanine retail loan during 4Q'21\n(4) Numbers presented may not foot due to rounding",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "8c677212-8fc7-406b-90ad-6939e1bc48e8",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.35,
        "w": 0.9,
        "x": 0.05,
        "y": 0.17
      },
      "kind": "table",
      "text": "Reconciliation table with columns for three periods and rows for GAAP Net Income, adjustments, and Distributable Earnings.",
      "attrs": null,
      "subkind": "data",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "0cf61a51-7311-4e4d-9c9e-2c6df32136e3",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.1,
        "w": 0.8,
        "x": 0.05,
        "y": 0.05
      },
      "kind": "title",
      "text": "Reconciliation of GAAP Net Income to Distributable Earnings",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "65e003c2-3d67-4984-8006-dd2928493c3e",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "Table data",
      "slug": "table-data",
      "agent": null,
      "layer": "slide",
      "matchId": "ca50f20f-ff93-4a86-aca4-efd1a7980a6c",
      "evidence": "table/data: Reconciliation table with columns for three periods and rows for GAAP Net Income, adjustments, and Distributable Earnings.",
      "confidence": 0.9
    }
  ],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 24,
      "from": 15,
      "beatId": "f8297ffa-ba5e-48c8-b629-a24682b3b888",
      "arcName": "Monroe's Motivated Sequence",
      "arcSlug": "monroes-sequence",
      "beatName": "Action",
      "beatSlug": "monroes-sequence-action",
      "evidence": "Slides 15-24 provide additional details on portfolio repositioning and financials",
      "position": 3,
      "confidence": 0.8,
      "parentBeatName": "Resolution",
      "parentBeatSlug": "resolution"
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}