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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Net Interest Income      
Interest income $ 274,335 $ 183,575 $ 83,145
Interest expense 158,860 85,017 21,224
Total net interest income 115,475 98,558 61,921
Other Income      
(Loss) gain on sale of investments (2,688) 13,000 0
Change in net assets related to CMBS consolidated variable interest entities 1,665 2,588 15,845
Income from equity method investments 4,568 3,065 875
Other income 2,453 1,440 968
Total other income (loss) 5,998 20,093 17,688
Operating Expenses      
General and administrative 10,522 7,812 4,936
Management fees to affiliate 17,135 16,346 13,492
Incentive compensation to affiliate 3,272 4,756 0
Total operating expenses 30,929 28,914 18,428
Income (Loss) Before Income Taxes, Noncontrolling Interests and Preferred Dividends 90,544 89,737 61,181
Income tax expense (benefit) 579 (70) 1,102
Net Income (Loss) 89,965 89,807 60,079
Redeemable Noncontrolling Interests in Income (Loss) of Consolidated Joint Venture 0 63 216
Noncontrolling Interests in Income (Loss) of Consolidated Joint Venture 0 0 801
Net Income (Loss) Attributable to KKR Real Estate Finance Trust Inc. and Subsidiaries 89,965 89,744 59,062
Preferred Stock Dividends and Redemption Value Adjustment (527) 2,451 244
Net Income (Loss) Attributable to Common Stockholders $ 90,492 $ 87,293 $ 58,818
Net Income (Loss) Per Share of Common Stock      
Basic (usd per share) $ 1.58 $ 1.58 $ 1.30
Diluted (usd per share) $ 1.57 $ 1.58 $ 1.30
Weighted Average Number of Shares of Common Stock Outstanding      
Basic (shares) 57,426,912 55,136,548 45,320,358
Diluted (shares) 57,532,490 55,171,061 45,321,360
Dividends Declared per Share of Common Stock (usd per share) $ 1.72 $ 1.69 $ 1.62