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KKR Real Estate Finance Trust Inc.: 10-K filed 2022-02-08

What KKR Real Estate Finance Trust Inc. reported in its annual report filed 2022-02-08 (fiscal FY 2021): 27 published measures, 157 facts as tagged in accession 0001631596-22-000012.

This filing

Form
10-K (annual report)
Filed
2022-02-08
Fiscal period
fiscal FY 2021
Accession
0001631596-22-000012 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All KKR Real Estate Finance Trust Inc. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

PeriodValueUnitDays
At 2021-12-316,703,239,000USD
At 2020-12-314,965,612,000USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

PeriodValueUnitDays
At 2021-12-315,341,658,000USD
At 2020-12-313,920,206,000USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

PeriodValueUnitDays
At 2021-12-311,361,434,000USD
At 2020-12-311,043,554,000USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

PeriodValueUnitDays
At 2021-12-31271,487,000USD
At 2020-12-31110,832,000USD
At 2019-12-3167,619,000USD

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

PeriodValueUnitDays
2021-01-01 to 2021-12-31124,793,000USD365
2020-01-01 to 2020-12-31115,062,000USD366
2019-01-01 to 2019-12-3191,713,000USD365

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

PeriodValueUnitDays
2021-01-01 to 2021-12-311,578,981,000USD365
2020-01-01 to 2020-12-31-160,558,000USD366
2019-01-01 to 2019-12-31815,689,000USD365

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

PeriodValueUnitDays
2021-01-01 to 2021-12-31-1,540,836,000USD365
2020-01-01 to 2020-12-3188,709,000USD366
2019-01-01 to 2019-12-31-926,314,000USD365

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

PeriodValueUnitDays
At 2021-12-31-38,208,000USD
At 2020-12-31-65,698,000USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

PeriodValueUnitDays
2021-10-01 to 2021-12-3159,364,672shares92
2021-01-01 to 2021-12-3156,571,200shares365
2021-07-01 to 2021-09-3055,637,480shares92
2021-04-01 to 2021-06-3055,632,322shares91
2021-01-01 to 2021-03-3155,619,428shares90
2020-10-01 to 2020-12-3155,619,428shares92
2020-01-01 to 2020-12-3155,985,014shares366
2020-07-01 to 2020-09-3055,491,405shares92
2020-04-01 to 2020-06-3055,491,937shares91
2020-01-01 to 2020-03-3157,346,726shares91
2019-01-01 to 2019-12-3157,426,912shares365

Diluted weighted-average shares

Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.

PeriodValueUnitDays
2021-10-01 to 2021-12-3159,453,264shares92
2021-01-01 to 2021-12-3156,783,388shares365
2021-07-01 to 2021-09-3056,011,243shares92
2021-04-01 to 2021-06-3055,907,086shares91
2021-01-01 to 2021-03-3155,731,061shares90
2020-10-01 to 2020-12-3155,669,230shares92
2020-01-01 to 2020-12-3156,057,237shares366
2020-07-01 to 2020-09-3055,632,170shares92
2020-04-01 to 2020-06-3055,504,077shares91
2020-01-01 to 2020-03-3157,346,726shares91
2019-01-01 to 2019-12-3157,532,490shares365

Basic earnings per share

Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.

PeriodValueUnitDays
2021-10-01 to 2021-12-310.59USD/shares92
2021-01-01 to 2021-12-312.22USD/shares365
2021-07-01 to 2021-09-300.57USD/shares92
2021-04-01 to 2021-06-300.53USD/shares91
2021-01-01 to 2021-03-310.52USD/shares90
2020-10-01 to 2020-12-310.52USD/shares92
2020-01-01 to 2020-12-310.96USD/shares366
2020-07-01 to 2020-09-300.56USD/shares92
2020-04-01 to 2020-06-300.52USD/shares91
2020-01-01 to 2020-03-31-0.61USD/shares91
2019-01-01 to 2019-12-311.58USD/shares365

Diluted earnings per share

Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.

PeriodValueUnitDays
2021-10-01 to 2021-12-310.59USD/shares92
2021-01-01 to 2021-12-312.21USD/shares365
2021-07-01 to 2021-09-300.57USD/shares92
2021-04-01 to 2021-06-300.52USD/shares91
2021-01-01 to 2021-03-310.52USD/shares90
2020-10-01 to 2020-12-310.52USD/shares92
2020-01-01 to 2020-12-310.96USD/shares366
2020-07-01 to 2020-09-300.56USD/shares92
2020-04-01 to 2020-06-300.52USD/shares91
2020-01-01 to 2020-03-31-0.61USD/shares91
2019-01-01 to 2019-12-311.57USD/shares365

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

PeriodValueUnitDays
2021-10-01 to 2021-12-31427,000USD92
2021-01-01 to 2021-12-31684,000USD365
2021-07-01 to 2021-09-30106,000USD92
2021-04-01 to 2021-06-30103,000USD91
2021-01-01 to 2021-03-3148,000USD90
2020-10-01 to 2020-12-31157,000USD92
2020-01-01 to 2020-12-31412,000USD366
2020-07-01 to 2020-09-3096,000USD92
2020-04-01 to 2020-06-3077,000USD91
2020-01-01 to 2020-03-3182,000USD91
2019-01-01 to 2019-12-31579,000USD365

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

PeriodValueUnitDays
2021-01-01 to 2021-12-317,427,000USD365
2020-01-01 to 2020-12-315,676,000USD366
2019-01-01 to 2019-12-314,091,000USD365

Interest expense

Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.

PeriodValueUnitDays
2021-10-01 to 2021-12-3130,266,000USD92
2021-01-01 to 2021-12-31114,439,000USD365
2021-07-01 to 2021-09-3029,832,000USD92
2021-04-01 to 2021-06-3026,958,000USD91
2021-01-01 to 2021-03-3127,383,000USD90
2020-10-01 to 2020-12-3128,835,000USD92
2020-01-01 to 2020-12-31127,312,000USD366
2020-07-01 to 2020-09-3028,832,000USD92
2020-04-01 to 2020-06-3030,563,000USD91
2020-01-01 to 2020-03-3139,082,000USD91
2019-01-01 to 2019-12-31158,860,000USD365

Common-stock repurchase payments

Cash paid to reacquire common stock during the period. This is not an authorization limit or a direct measure of the net change in share count.

PeriodValueUnitDays
2021-01-01 to 2021-12-310USD365
2020-01-01 to 2020-12-3125,061,000USD366
2019-01-01 to 2019-12-314,106,000USD365

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

PeriodValueUnitDays
At 2021-12-3161,370,732shares
At 2020-12-3155,619,428shares

Cash including restricted cash

Cash, cash equivalents and restricted cash as reported in the cash flow reconciliation. Restricted amounts are not freely available, so this is not the same as unrestricted cash.

PeriodValueUnitDays
At 2021-12-31273,770,000USD
At 2020-12-31110,832,000USD
At 2019-12-3167,619,000USD
At 2018-12-3186,531,000USD

Additional paid-in capital

Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.

PeriodValueUnitDays
At 2021-12-311,459,959,000USD
At 2020-12-311,169,695,000USD

Total equity including noncontrolling interests

Equity including the portion attributable to noncontrolling interests. It is larger than or equal to parent stockholders equity and is not market capitalization.

PeriodValueUnitDays
At 2021-12-311,361,581,000USD
At 2020-12-311,043,554,000USD
At 2019-12-311,122,018,000USD
At 2018-12-311,132,342,000USD

Pre-tax income or loss from continuing operations

Income or loss from continuing operations before income taxes and noncontrolling interests. It excludes discontinued operations and is not net income.

PeriodValueUnitDays
2021-10-01 to 2021-12-3140,770,000USD92
2021-01-01 to 2021-12-31137,867,000USD365
2021-07-01 to 2021-09-3035,777,000USD92
2021-04-01 to 2021-06-3031,180,000USD91
2021-01-01 to 2021-03-3130,140,000USD90
2020-10-01 to 2020-12-3129,015,000USD92
2020-01-01 to 2020-12-3154,809,000USD366
2020-07-01 to 2020-09-3031,282,000USD92
2020-04-01 to 2020-06-3029,002,000USD91
2020-01-01 to 2020-03-31-34,490,000USD91
2019-01-01 to 2019-12-3190,544,000USD365

Profit or loss including noncontrolling interests

Net income or loss including the portion attributable to noncontrolling interests. It can differ from the net income attributable to the parent that per-share figures use.

PeriodValueUnitDays
2021-10-01 to 2021-12-3140,343,000USD92
2021-01-01 to 2021-12-31137,183,000USD365
2021-07-01 to 2021-09-3035,671,000USD92
2021-04-01 to 2021-06-3031,077,000USD91
2021-01-01 to 2021-03-3130,092,000USD90
2020-10-01 to 2020-12-3128,858,000USD92
2020-01-01 to 2020-12-3154,397,000USD366
2020-07-01 to 2020-09-3031,186,000USD92
2020-04-01 to 2020-06-3028,925,000USD91
2020-01-01 to 2020-03-31-34,572,000USD91
2019-01-01 to 2019-12-3189,965,000USD365

Net income available to common stockholders

Net income after preferred dividends and similar adjustments, the numerator for basic earnings per share. It can be lower than reported net income.

PeriodValueUnitDays
2021-10-01 to 2021-12-3135,198,000USD92
2021-01-01 to 2021-12-31125,635,000USD365
2021-07-01 to 2021-09-3031,989,000USD92
2021-04-01 to 2021-06-3029,264,000USD91
2021-01-01 to 2021-03-3129,184,000USD90
2020-10-01 to 2020-12-3128,776,000USD92
2020-01-01 to 2020-12-3153,553,000USD366
2020-07-01 to 2020-09-3031,351,000USD92
2020-04-01 to 2020-06-3028,590,000USD91
2020-01-01 to 2020-03-31-35,164,000USD91
2019-01-01 to 2019-12-3190,492,000USD365

General and administrative expense

General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.

PeriodValueUnitDays
2021-01-01 to 2021-12-3114,235,000USD365
2020-01-01 to 2020-12-3114,238,000USD366
2019-01-01 to 2019-12-3110,522,000USD365

Nonoperating income or expense

Total nonoperating income or expense, which can include interest, investment results and other items. A positive value is not operating profit.

PeriodValueUnitDays
2021-10-01 to 2021-12-317,379,000USD92
2021-01-01 to 2021-12-3112,183,000USD365
2021-07-01 to 2021-09-302,292,000USD92
2021-04-01 to 2021-06-301,356,000USD91
2021-01-01 to 2021-03-311,156,000USD90
2020-10-01 to 2020-12-311,254,000USD92
2020-01-01 to 2020-12-311,281,000USD366
2020-07-01 to 2020-09-301,075,000USD92
2020-04-01 to 2020-06-30493,000USD91
2020-01-01 to 2020-03-31-1,541,000USD91
2019-01-01 to 2019-12-315,998,000USD365

Interest paid, net

Cash interest paid during the period, net of amounts capitalized where the filer reports it that way. It differs from interest expense recognized.

PeriodValueUnitDays
2021-01-01 to 2021-12-3195,256,000USD365
2020-01-01 to 2020-12-31103,405,000USD366
2019-01-01 to 2019-12-31146,156,000USD365

Proceeds from issuing common stock

Cash received from issuing common stock during the period. It is gross of costs only where the filer reports it so, and it does not include noncash issuances.

PeriodValueUnitDays
2021-01-01 to 2021-12-31120,711,000USD365
2020-01-01 to 2020-12-310USD366
2019-01-01 to 2019-12-310USD365

Inspect the source

Entity
KKR Real Estate Finance Trust Inc. / CIK 0001631596
Captured
2026-09-21T17:22:09.200Z
SEC response SHA-256
c1dbafc976af91f5ef96950fb522ac4999c46b070a4059ee61d5c1d786f9c9ee

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

Public company accounting reference, not market prices, returns, an investment recommendation, or ALPHAC performance. Validate a separately constructed return series with the validation API; accounting values are not returns.

Use this in research

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Read the published dataset with Python
import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001631596.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))