{
  "docId": "019de518-1214-768a-92ad-49bd1cd77980",
  "docSlug": "785f0e9075eb5c3221deaa721a6862f5",
  "documentTitle": "KKR Real Estate Finance Trust | Results Presentation Deck | 28 slides",
  "authorId": "kkr-real-estate-finance-trust",
  "authorName": "KKR Real Estate Finance Trust",
  "documentKindSlug": "shareholder-letter",
  "documentKindLabel": "Shareholder letter",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2024-02-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.3333334,
  "pageNumber": 27,
  "pageCount": 28,
  "prevPage": 26,
  "nextPage": 28,
  "slideType": "revenue_buildup",
  "function": "decompose_segments",
  "density": "dense",
  "nDataPoints": 45,
  "notes": null,
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de518-1214-768a-92ad-49bd1cd77980/27",
  "deckHref": "/decks/019de518-1214-768a-92ad-49bd1cd77980",
  "deckJsonHref": "/decks/019de518-1214-768a-92ad-49bd1cd77980.json",
  "deckAnchorHref": "/decks/019de518-1214-768a-92ad-49bd1cd77980#slide-27",
  "components": [
    {
      "bbox": {
        "h": 0.029,
        "w": 0.08,
        "x": 0.058,
        "y": 0.939
      },
      "kind": "image",
      "text": "KREF",
      "attrs": null,
      "subkind": "logo",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "58993e2f-c559-4b7e-b380-50b4353bc2fa",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.018,
        "w": 0.026,
        "x": 0.93,
        "y": 0.948
      },
      "kind": "other",
      "text": "27",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "30bd1d55-b896-41de-9502-273821c79ea6",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.878,
        "x": 0.08,
        "y": 0.856
      },
      "kind": "source-note",
      "text": "(1) Numbers presented may not foot due to rounding\n(2) Includes a $59 million write-off on a defaulted senior loan upon deed-in-lieu of foreclosure and a $15 million write-off of a subordinated loan during the year ended December 31, 2023. Includes a\n$25 million partial write-off of a defaulted senior loan during the year ended December 31, 2022. Includes a $32 million write-off upon taking title to the underlying collateral of a defaulted senior\nloan and a $1 million write-off of the remaining balance on an impaired mezzanine loan during the year ended December 31, 2021",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "88f76fbc-5c49-4aa2-a848-fb43b07fa37d",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.359,
        "w": 0.889,
        "x": 0.055,
        "y": 0.209
      },
      "kind": "table",
      "text": "Net Income (Loss) Attributable to Common Stockholders (53,919) (0.78) 15,371 0.23 125,635 2.21 Adjustments Non-cash equity compensation expense 8,075 0.12 7,835 0.12 7,428 0.13 Unrealized (gains) or losses, net 1,859 0.03 (1,326) (0.02) 1,059 0.02 Provision for (reversal of) credit losses, net 175,116 2.53 112,373 1.66 (4,059) (0.07) Non-cash convertible notes discount amortization 133 361 0.01 361 0.01 Gain on redemption of non-voting manager units (5,126) Distributable Earnings before realized loss on loan write-offs 131,264 1.90 134,614 1.99 125,298 2.21 Realized loss on loan write-offs (73,706) (1.07) (25,000) (0.37) (32,905) (0.58) Distributable Earnings (Loss) 57,558 0.83 109,614 1.62 92,393 1.63 Weighted average number of shares of common stock outstanding, diluted 69,180,039 67,553,578 56,783,388",
      "attrs": null,
      "subkind": "data",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "2fab9c78-d268-45b3-8062-7bd5b0f16b53",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.099,
        "w": 0.701,
        "x": 0.058,
        "y": 0.062
      },
      "kind": "title",
      "text": "Reconciliation of GAAP Net Income (Loss) to Distributable Earnings (Loss)",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "ede2b682-3a11-44c7-867b-950834a6261b",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "Waterfall chart",
      "slug": "waterfall-chart",
      "agent": null,
      "layer": "slide",
      "matchId": "5fba519e-5f3a-4cfc-95ac-34d228292769",
      "evidence": "Reconciliation of GAAP Net Income (Loss) to Distributable Earnings (Loss) with table/data",
      "confidence": 0.8
    }
  ],
  "frameworks": [],
  "arcBeats": [],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}