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  "documentTitle": "KKR Real Estate Finance Trust | Investor Presentation Deck | 41 slides",
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      "text": "Net Income (Loss) per Diluted Share and Distributable Earnings per Diluted Share for 1Q'22, 4Q'22, 1Q'23. Values: 1Q'22: $0.46, $0.47; 4Q'22: $0.21, $0.18; 1Q'23: ($0.45), $0.48.",
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      "text": "Book Value per Share for 1Q'22, 4Q'22, 1Q'23. Values: 1Q'22: $19.46; 4Q'22: $18.00; 1Q'23: $17.16.",
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      "text": "KREF",
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      "text": "(1) Represents Net income (loss) attributable to common stockholders\n(2) See Appendix for definition and reconciliation to financial results prepared in accordance with GAAP\n(3) 4Q'22 Distributable earnings before realized losses on loan write-offs is $0.54 per share",
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      "text": "Net Income and Distributable Earnings\n($ in Millions)\n1Q'22: Net income (loss)(1): $29.8, Distributable earnings(2): $29.8\n4Q'22: Net income (loss)(1): $14.6, Distributable earnings(2): $12.4\n1Q'23: Net income (loss)(1): ($30.8), Distributable earnings(2): $33.1",
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      "text": "Dividends and Book Value Per Share\n1Q'22: Dividend per share: $0.43, Dividend yield on book value per share: 8.8%\n4Q'22: Dividend per share: $0.43, Dividend yield on book value per share: 9.6%\n1Q'23: Dividend per share: $0.43, Dividend yield on book value per share: 10.0%",
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      "text": "Recent Operating Performance",
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