Kkr real estate finance trust inc. (KREF)
CashFlow / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16
Cash Flows From Operating Activities
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

31,145

89,965

86,880

83,997

90,630

89,807

85,558

82,449

72,871

60,079

54,576

47,026

41,779

32,272

0

0

0

Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Amortization of deferred debt issuance costs and discounts

17,776

16,765

16,727

14,644

12,403

8,590

5,749

4,514

3,271

3,142

2,766

2,432

2,102

2,044

0

0

0

Accretion of net deferred loan fees and discounts

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of Debt Discount (Premium)

-

-

-

-

-

-10,524

-8,493

-5,463

-4,417

-3,588

-2,827

-2,045

-1,416

-1,021

0

0

0

Interest paid-in-kind

-

-

-

-

-

-

-

-

-

864

1,187

1,288

1,437

1,799

0

0

0

Change in non-cash net assets of consolidated variable interest entities

-154

0

420

2,955

8,095

2,564

2,222

1,130

-7,254

-3,375

-5,842

-8,041

-9,655

-3,363

0

0

0

(Income) Loss from equity method investments

-1,837

1,420

311

656

1,326

1,406

2,498

1,880

1,407

875

0

0

0

-

-

-

-

Provision for credit losses, net

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Stock-based compensation expense

4,707

4,091

3,858

3,112

1,946

1,973

1,215

945

1,083

65

0

0

0

-

-

-

-

(Income) from equity investment in unconsolidated subsidiary

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Changes in operating assets and liabilities:
Accrued interest receivable, net

1,621

-61

5,347

4,886

5,793

6,914

4,627

5,316

4,601

5,453

5,141

3,501

2,565

1,647

0

0

0

Other assets

836

-321

895

1,971

1,335

1,708

209

187

-3,915

-2,792

-2,632

-3,560

-3,758

-4,826

0

0

0

Accrued interest payable

-1,022

-830

3,071

1,911

6,396

5,893

5,268

3,583

1,397

1,030

717

153

596

454

0

0

0

Accounts payable, accrued expenses and other liabilities

1,471

122

1,463

2,563

2,837

2,786

339

-1,838

-3,924

-1,858

-3,194

-2,667

-3,090

-5,677

0

0

0

Due to affiliates

299

167

-3,006

-832

-857

-1,231

2,164

533

3,820

2,714

2,618

2,239

-1,137

-398

0

0

0

Net cash provided by (used in) operating activities

93,478

91,713

87,646

82,945

84,370

76,830

155,155

65,242

64,200

53,801

-37,063

37,266

28,634

25,406

0

0

0

Cash Flows From Investing Activities
Proceeds from Principal Repayments on Loans and Leases Held-for-investment

1,552,631

1,934,893

1,296,855

1,360,394

968,594

446,336

395,028

146,975

134,157

94,600

20,764

6,712

6,591

7,403

0

0

0

Payments to Acquire Loans Held-for-investment

2,875,417

2,864,810

3,096,455

3,322,968

2,445,934

2,540,685

1,976,608

1,787,637

1,385,349

1,201,778

987,354

800,392

677,781

448,344

0

0

0

Investment in commercial mortgage-backed securities, equity method investee

4,475

6,245

12,086

13,856

13,381

15,611

15,770

17,988

37,588

33,588

0

0

0

-

-

-

-

Proceeds from commercial mortgage-backed securities, equity method investee

-

-

-

-

-

-

1,348

952

20,261

19,779

0

0

0

-

-

-

-

Purchases of commercial mortgage-backed securities

-

-

-

-

-

-

-

-

-

-

-

-

-

36,351

0

0

0

Investment in preferred interest in joint venture

-

-

-

-

-

-

-

-

-

-

-

-

-

10,240

0

0

0

Purchases of other capitalized assets

-

-

-

-

-

-

-

-

-

-

-

-

-

455

0

0

0

Net cash provided by (used in) investing activities

-1,317,413

-926,314

-1,803,059

-1,977,191

-1,378,456

-1,997,213

-1,544,246

-1,568,632

-1,231,209

-1,083,677

-844,750

-705,186

-639,724

-456,448

0

0

0

Cash Flows From Financing Activities
Proceeds from borrowings under secured financing agreements

3,688,118

3,217,859

3,449,174

3,802,799

2,329,098

2,311,140

1,815,475

1,594,136

1,154,947

984,197

1,023,150

679,408

667,408

520,408

0

0

0

Proceeds from issuances of common stock

-

-

-

-

-

-

-

-

-

581,255

581,255

691,256

317,727

210,004

0

0

0

Proceeds from noncontrolling interest contributions

-

-

-

-

-

-

-

-

-

-

-

-

-

2,049

0

0

0

Payments of common stock dividends

98,774

98,954

99,210

97,327

93,882

88,847

83,762

74,386

61,988

50,579

36,271

28,254

24,734

21,908

0

0

0

Payments of preferred stock dividends

624

592

658

630

657

386

0

0

0

-

-

-

-

-

-

-

-

Principal repayments on borrowings under secured financing agreements

2,184,979

2,284,819

2,524,600

2,536,702

1,739,477

1,314,812

0

0

0

-

-

-

-

-

-

-

-

Payments of Debt Issuance Costs

13,008

12,060

23,627

26,520

27,287

26,418

10,063

6,929

3,510

3,412

5,907

6,191

4,031

4,652

0

0

0

Payments of stock issuance costs

694

1,254

1,325

2,125

2,041

1,324

1,137

3,287

3,929

4,898

6,183

3,020

5,102

4,205

0

0

0

Payments to Noncontrolling Interests

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

Payments for Repurchase of Common Stock

23,252

4,106

21,813

21,997

23,535

31,347

13,640

13,979

12,441

523

0

0

0

-

-

-

-

Tax withholding on stock-based compensation

1,425

385

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by (used in) financing activities

1,365,362

815,689

1,597,159

2,036,216

1,499,402

1,903,394

1,491,286

1,486,239

1,036,009

1,037,050

907,881

671,436

750,077

500,602

0

0

0

Net Increase (Decrease) in Cash, Cash Equivalents

141,427

-18,912

-118,254

141,970

205,316

-16,989

102,195

-17,151

-131,000

7,174

26,068

3,516

138,987

69,560

0

0

0

Supplemental Disclosure of Cash Flow Information
Cash paid during the period for interest

148,698

146,156

131,614

111,234

88,786

66,775

48,367

33,997

22,834

17,322

12,947

10,245

8,090

5,546

0

0

0

Cash paid during the period for income taxes

271

398

365

417

784

755

1,308

1,413

901

806

313

128

164

521

0

0

0

Supplemental Schedule of Non-Cash Investing and Financing Activities
Dividend declared, not yet paid

24,390

25,036

24,834

26,987

28,489

25,097

25,224

29,578

41,426

19,981

19,992

13,428

9

0

0

0

0

Deferred financing costs, not yet paid

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Loan Participations Sold, Net (Note 7)

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

Payoff of loan participations sold and commercial mortgage loans, held-for-investment

-

-

-

-

-

0

0

0

0

-

-

-

-

-

-

-

-

Deferred issuance costs, not yet paid

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Repayment of commercial loans, held for investment

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

Funding of commercial loans, held-for-investment

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

Consolidation of variable interest entities (incremental assets and liabilities)

-

-

-

-

-

-

-

-

-

-

-

-

-

940,806

0

0

0