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  "documentTitle": "KKR Real Estate Finance Trust | Investor Presentation Deck | 40 slides",
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      "text": "Annual Net Interest Income Per Share Sensitivity to Change in Market Rates(1)\n($ Impact Per Share)\n$0.15\n$0.10\n$0.05\n$0.00\n($0.05)\n($0.10)\n($0.15)\n($0.14)\n($0.07)\n$0.00\n$0.07\n$0.14\n-1.00%\n-0.50%\n0.00%\n+0.50%\n+1.00%\nChange in SOFR",
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      "text": "KREF",
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      "kind": "paragraph",
      "text": "Term SOFR = 5.32%\nAs of September 30, 2023",
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      "kind": "paragraph",
      "text": "99% floating-rate loan portfolio indexed to Term SOFR continues to benefit from a rising rate environment",
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      "text": "Note: Based on portfolio as of September 30, 2023\n(1) Excludes loans accounted for under the cost recovery method",
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