Consolidated Balance Sheets - USD ($)		Dec. 31, 2022	Dec. 31, 2021
Assets
Cash and cash equivalents	[1]	$ 254,050,000	$ 260,635,000
Restricted cash	[1]	265,000	404,000
Accounts receivable	[1]	666,000	12,000
Collateralized loan obligation proceeds held at trustee	[1]	297,168,000	204,000
Accounts receivable from servicer/trustee	[1]	163,648,000	176,000
Accrued interest and fees receivable	[1]	41,742,000	26,620,000
Loans held for investment	[1]	4,978,674,000	4,909,202,000
Allowance for credit losses	[1]	(197,272,000)	(41,999,000)
Loans held for investment, net	[1]	4,781,402,000	4,867,203,000
Real estate owned	[1]	0	60,622,000
Other assets	[1]	6,197,000	2,144,000
Total assets	[1]	5,545,138,000	5,218,020,000
Liabilities
Accrued interest payable	[1]	11,080,000	2,723,000
Accrued expenses and other liabilities	[1]	25,132,000	11,563,000
Collateralized loan obligations, net	[1]	2,452,212,000	2,545,691,000
Secured financing agreements, net	[1]	1,147,288,000	1,162,206,000
Asset-specific financings, net	[1]	561,017,000	0
Payable to affiliates	[1]	5,984,000	5,609,000
Deferred revenue	[1]	1,459,000	1,366,000
Dividends payable	[1]	18,970,000	24,156,000
Total liabilities	[1]	4,223,142,000	3,753,314,000
Commitments and contingencies - see Note 14	[1]
Permanent equity
Common stock ($0.001 par value per share; 302,500,000 and 302,500,000 shares authorized, respectively; 77,410,282 and 77,183,892 shares issued and outstanding, respectively)	[1]	77,000	77,000
Additional paid-in-capital	[1]	1,716,938,000	1,711,886,000
Accumulated deficit	[1]	(395,027,000)	(247,265,000)
Total stockholders' equity	[1]	1,321,996,000	1,464,706,000
Total permanent equity	[1]	1,321,996,000	1,464,706,000
Total liabilities and stockholders' equity	[1]	5,545,138,000	5,218,020,000
Series A Preferred Stock
Permanent equity
Preferred Stock Value	[1]	0	0
Series C Preferred Stock
Permanent equity
Preferred Stock Value	[1]	$ 8,000	$ 8,000

[1] The Company’s consolidated Total Assets and Total Liabilities as of December 31, 2022 include assets and liabilities of variable interest entities (“VIEs”) of $3.3 billion and $2.5 billion, respectively. The Company’s consolidated Total Assets and Total Liabilities as of December 31, 2021 include assets and liabilities of VIEs of $3.2 billion and $2.6 billion, respectively. These assets can be used only to satisfy obligations of the VIEs, and creditors of the VIEs have recourse only to these assets, and not to TPG RE Finance Trust, Inc. See Note 5 to the Consolidated Financial Statements for details.