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Collateralized Loan Obligation - Schedule of Assets and Liabilities Included in Consolidated Balance Sheet (Details) - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Assets and Associated Liabilities of Transfers Accounted for as Secured Borrowings [Line Items]    
Commercial real estate loans, held-for-investment $ 5,442,734 $ 4,844,534
Less: Allowance for credit losses (58,807) (59,801)
Commercial real estate loans, held-for-investment, net 5,383,927 4,784,733
Accrued interest receivable 13,924 15,412
Other assets [1] 13,107 20,984
Total Assets 5,753,498 4,965,612
Collateralized loan obligations, net 1,086,900 810,000
Accrued interest payable 7,495 5,381
Accounts payable, accrued expenses and other liabilities [2] 3,065 4,823
Total Liabilities 4,516,321 3,920,206
Unamortized debt issuance costs   5,600
Collateralized Loan Obligations    
Assets and Associated Liabilities of Transfers Accounted for as Secured Borrowings [Line Items]    
Commercial real estate loans, held-for-investment, net 1,300,000 1,000,000
Collateralized Loan Obligations | Primary Beneficiary    
Assets and Associated Liabilities of Transfers Accounted for as Secured Borrowings [Line Items]    
Commercial real estate loans, held-for-investment 1,300,000 1,000,483
Less: Allowance for credit losses (1,240) (2,669)
Commercial real estate loans, held-for-investment, net 1,298,760 997,814
Accrued interest receivable 3,481 3,075
Other assets 5 5
Total Assets 1,302,246 1,000,894
Collateralized loan obligations, net 1,086,900 810,000
Accrued interest payable 783 668
Accounts payable, accrued expenses and other liabilities 0 72
Total Liabilities 1,087,683 $ 810,740
Collateralized Loan Obligations | Primary Beneficiary | KREF 2021-FL2    
Assets and Associated Liabilities of Transfers Accounted for as Secured Borrowings [Line Items]    
Unamortized debt issuance costs $ 8,300  
[1] Includes $8.2 million and $15.9 million of loan repayment proceeds held by servicer and receivable by KREF as of September 30, 2021 and December 31, 2020, respectively.
[2] Includes $0.9 million of expected loss reserve for unfunded loan commitments as of September 30, 2021 and December 31, 2020.