{
  "docId": "019de518-9cf8-726f-8134-02e28bb4bd02",
  "docSlug": "dba99d58033fd9cb9a05a9b78c586ff1",
  "documentTitle": "KKR Real Estate Finance Trust | Results Presentation Deck | 26 slides",
  "authorId": "kkr-real-estate-finance-trust",
  "authorName": "KREF",
  "documentKindSlug": "conference-presentation",
  "documentKindLabel": "Conference presentation",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2024-10-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.3333334,
  "pageNumber": 25,
  "pageCount": 26,
  "prevPage": 24,
  "nextPage": 26,
  "slideType": "revenue_buildup",
  "function": "decompose_segments",
  "density": "dense",
  "nDataPoints": 36,
  "notes": null,
  "elementsJson": null,
  "metadataConfidence": 0.9,
  "imagePath": null,
  "slideHref": "/slides/019de518-9cf8-726f-8134-02e28bb4bd02/25",
  "deckHref": "/decks/019de518-9cf8-726f-8134-02e28bb4bd02",
  "deckJsonHref": "/decks/019de518-9cf8-726f-8134-02e28bb4bd02.json",
  "deckAnchorHref": "/decks/019de518-9cf8-726f-8134-02e28bb4bd02#slide-25",
  "components": [
    {
      "bbox": {
        "h": 0.03,
        "w": 0.896,
        "x": 0.054,
        "y": 0.873
      },
      "kind": "source-note",
      "text": "(2) Includes (i) a $2 million write-off on a senior loan repaid during the three months ended September 30, 2024; (ii) a combined $99 million write-off on two senior loans and a $38 million write-off of a mezzanine loan during the three months ended June 30, 2024; and (iii) a $15 million write-off of a subordinated loan during the three months ended September 30, 2023",
      "attrs": {},
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "131d3723-d86c-4140-b1ba-5a8ef74c0d8c",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.015,
        "w": 0.74,
        "x": 0.054,
        "y": 0.905
      },
      "kind": "source-note",
      "text": "(3) Includes a $615 thousand loss on the sale of certain real estate owned assets during the three months ended June 30, 2024",
      "attrs": {},
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "1bbe2c91-9005-468c-bd2f-40d012deeb99",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.015,
        "w": 0.27,
        "x": 0.054,
        "y": 0.855
      },
      "kind": "source-note",
      "text": "(1) Numbers presented may not foot due to rounding",
      "attrs": {},
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "5f89fe83-d83f-4693-8838-52d2d260333e",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.34,
        "w": 0.896,
        "x": 0.05,
        "y": 0.208
      },
      "kind": "table",
      "text": "Net Income (Loss) Attributable to Common Stockholders (12,991) (0.19) 20,223 0.29 21,401 0.31 Adjustments Non-cash equity compensation expense 2,180 0.03 2,226 0.03 2,184 0.03 Depreciation and amortization 732 0.01 — — — — Unrealized (gains) or losses, net (344) — 145 — (25) — Provision for credit losses, net 38,200 0.55 4,545 0.07 8,814 0.13 (Gain) loss on sale of investments — — 615 0.01 — — Distributable Earnings before realized loss 27,777 0.40 27,754 0.40 32,374 0.47 Realized loss on loan write-offs, net (2) (1,832) (0.03) (135,811) (1.96) (0.22) Realized loss on sale of investments (3) — — (615) (0.01) — — Distributable Earnings (Loss) 25,945 0.37 (108,672) (1.57) 17,374 0.25 Diluted weighted average common shares outstanding 69,434,938 69,423,244 69,122,636",
      "attrs": {},
      "subkind": "data",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "eccc819a-c204-4c5e-bdd1-8241af0be882",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.09,
        "w": 0.88,
        "x": 0.058,
        "y": 0.06
      },
      "kind": "title",
      "text": "Reconciliation of GAAP Net Income (Loss) to Distributable Earnings (Loss)",
      "attrs": {},
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "6565025b-2aa8-4b78-96ba-9fb55b5f14dd",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "Table data",
      "slug": "table-data",
      "agent": null,
      "layer": "slide",
      "matchId": "8d67ce56-bfce-4bf1-b2a4-e4c290ce6ad8",
      "evidence": "The slide presents a table with data on reconciliation of GAAP net income to distributable earnings.",
      "confidence": 0.9
    }
  ],
  "frameworks": [],
  "arcBeats": [],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}