Consolidated Balance Sheets (Unaudited) (Parenthetical) - USD ($) $ in Thousands		Sep. 30, 2023	Dec. 31, 2022
Loans pledged as collateral	[1]	$ 3,738,844	$ 4,781,402
Common stock, par value (in USD per share)		$ 0.001	$ 0.001
Common stock, authorized shares		302,500,000	302,500,000
Common stock, shares issued		77,734,786	77,410,282
Common stock, shares outstanding		77,734,786	77,410,282
Total assets	[1]	$ 4,457,323	$ 5,545,138
Total liabilities	[1]	3,319,868	4,223,142
Expected loss reserve for unfunded loan commitments		23,371	17,314
Asset pledged as collateral
Loans pledged as collateral		1,354,430	1,538,859
Variable Interest Entity, Primary Beneficiary
Total assets		2,647,925	3,267,374
Total liabilities		$ 1,983,701	$ 2,467,254
Series A Preferred Stock
Preferred stock, par value (in USD per share)		$ 0.001	$ 0.001
Preferred stock, authorized shares		100,000,000	100,000,000
Preferred stock, shares issued		125	125
Preferred stock, shares outstanding		125	125
Preferred stock, aggregate liquidation preference		$ 125	$ 125
Series C Preferred Stock
Preferred stock, par value (in USD per share)		$ 0.001	$ 0.001
Preferred stock, authorized shares		8,050,000	8,050,000
Preferred stock, shares issued		8,050,000	8,050,000
Preferred stock, shares outstanding		8,050,000	8,050,000
Preferred stock, aggregate liquidation preference		$ 201,250	$ 201,250

[1] The Company’s consolidated Total Assets and Total Liabilities as of September 30, 2023 include assets and liabilities of variable interest entities (“VIEs”) of $2.6 billion and $2.0 billion, respectively. The Company’s consolidated Total Assets and Total Liabilities as of December 31, 2022 include assets and liabilities of VIEs of $3.3 billion and $2.5 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.(2)Includes $23.4 million and $17.3 million of reserve for expected losses for unfunded loan commitments as of September 30, 2023 and December 31, 2022, respectively.