Tpg re finance trust, inc. (TRTX)
CashFlow / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17
Cash Flows from Operating Activities:
Net Income (Loss)

-232,790

32,907

33,025

31,969

28,412

28,565

26,824

26,438

25,114

24,758

20,791

25,328

23,475

Adjustment to Reconcile Net Income (Loss) to Net Cash Provided by Operating Activities:
Amortization and Accretion of Premiums, Discounts and Loan Origination Fees, net

3,194

3,719

4,714

4,271

3,627

4,048

2,956

4,764

4,147

3,610

6,062

7,846

1,959

Amortization of Deferred Financing Costs

3,340

4,433

5,214

4,695

4,698

5,054

4,203

4,242

3,658

2,628

3,707

2,877

2,576

Securities Impairments

203,493

-

-

-

-

-

-

-

-

-

-

-

-

Capitalized Accrued Interest

-

-

-

-

-

-

-

-

-

3,652

-591

-516

2,972

Stock Compensation Expense

1,401

590

452

881

633

182

109

197

177

-

-

-

-

Allowance for Credit Loss Expense

63,348

-

-

-

-

-

-

-

-

-

-

-

-

Cash Flows Due to Changes in Operating Assets and Liabilities:
Accounts Receivable

-2,338

2,338

-36

29

-25

-

-

-

-

0

-241

-109

-153

Accrued Interest Receivable

-102

-2,146

-3,529

9,081

3,143

1,258

2,512

-1,271

2,771

2,280

2,592

-3,045

1,229

Accrued Expenses and Other Liabilities

2,748

-

-

-

-3,616

-

-

-

-

-

-

-

-

Accrued Expenses

-

-

-

-

-

513

-52

555

610

611

-1,783

2,224

-2,895

Accrued Interest Payable

-1,533

-172

-2,767

1,640

1,818

1,121

-437

-168

245

1,652

-887

994

719

Payable to Affiliates

-1,550

1,752

119

1,163

490

-908

717

312

648

-3,921

2,612

1,431

1,150

Deferred Fee Income

125

-121

-106

-223

151

247

-305

409

-205

-240

201

-77

-49

Other Assets

302

-254

971

-123

-192

-41

85

-109

-125

-650

837

-75

-68

Net Cash Provided by Operating Activities

37,526

33,799

34,875

26,958

26,033

29,509

26,029

28,705

23,454

23,933

14,615

27,644

24,981

Origination of Loans Held for Investment

351,650

558,697

649,178

505,357

628,460

449,307

581,291

528,271

512,522

446,620

625,186

280,025

244,700

Advances on Loans Held for Investment

61,720

105,976

45,249

59,737

57,394

50,651

56,888

89,797

60,972

86,973

71,621

99,476

55,090

Principal Advances Held by Servicer/Trustee

-

-

-

-

-

-

-

-

-

-

-

-

3,279

Principal Repayments of Loans Held for Investment

312,687

713,161

640,407

249,273

359,065

273,164

323,550

378,322

156,258

188,794

92,112

793,324

89,822

Purchase of Commercial Mortgage-Backed and Commercial Real Estate Collateralized Loan Obligation Securities

-

-

-

-

-

-

-

-

63,654

-

-

-

-

Proceeds from Sales of Loans Held for Investment

-

-

-

-

-

-

-

-

-

0

12,611

0

52,443

Purchase of Available-for-Sale CRE Debt Securities

168,888

182,691

79

368,399

263,868

-

-

-

-

-

-

-

-

Purchase of Commercial Mortgage-Backed Securities

-

-

-

-

-

-

-

-

-

-

-316

58,351

38,259

Sales and Principal Repayments of Available-for-Sale CRE Debt Securities

86,439

-

-

-

586

-

-

-

-

-

-

-

-

Principal Repayments of Commercial Mortgage-Backed Securities

-

-

-

-

-

-

-

-

-

-

-

27,968

1,698

Purchases and Disposals of Fixed Assets

-

-

-

-

-

-

-

-

-

3

-110

139

79

Net Cash Used in Investing Activities

-183,132

-46,349

5,955

-678,165

-590,071

-225,801

-170,975

-315,199

-480,890

-300,692

-591,026

386,580

-197,444

Payments on Collateralized Loan Obligations

-

0

420,431

78,115

233,557

-

-

-

-

0

167,285

364,498

27,791

Proceeds from Collateralized Loan Obligations

-

-

-

-

-

795,133

0

0

745,904

0

0

6,079

10,175

Payments on Secured Financing Agreements - Loan Investments

-

-

-

-

-

1,112,362

394,555

274,971

762,695

175,466

73,732

391,197

156,623

Payment of Deferred Financing Costs

421

9,394

2,943

2,641

1,176

10,461

5,457

3,842

9,519

2,492

2,180

5,887

-1,860

Payments to Repurchase Common Stock

-

0

0

0

42

481

1

0

8,360

-

-

-

-

Proceeds from Issuance of Preferred Stock

-

0

0

0

125

-

-

-

-

-

-

-

-

Proceeds from Issuance of Common Stock

12,895

38,017

0

17,432

119,100

-

-

-

-

-

-

-

-

Payment of Equity Issuance and Equity Distribution Agreement Transaction Costs

206

-

-

-

-

-

-

-

-

-

-

-

-

Net Cash Provided by Financing Activities

170,472

-7,481

-11,625

665,868

579,149

190,559

148,060

255,051

456,481

287,196

439,977

-294,972

150,970

Net Change in Cash, Cash Equivalents, and Restricted Cash

24,866

-20,031

29,205

14,661

15,111

-5,733

3,114

-31,443

-955

10,437

-136,434

119,252

-21,493

Supplemental Disclosure of Cash Flow Information:
Interest Paid

36,090

36,913

45,427

38,375

34,567

29,399

30,532

26,079

22,096

17,403

16,330

15,763

14,507

Taxes Paid

4

1

25

358

10

133

3

-10

215

1

1

-14

154

Supplemental Disclosure of Non-Cash Investing and Financing Activities:
Principal Repayments of Commercial Mortgage-Backed and Commercial Real Estate Collateralized Loan Obligation Securities Held by Servicer/Trustee, net

-

-

-

-

-

-

-

-

211

-

-

-

-

Principal Repayments of Loans Held for Investment by Servicer/Trustee, net

881

-67,209

-128,538

202,135

6,562

-

-

-

-

-50,856

7,052

7,818

36,206

Sales and Principal Repayments of Available-for-Sale CRE Debt Securities Held by Servicer/Trustee, net

33,983

-

-

-

47

-

-

-

-

-

-

-

-

Proceeds from Secured Financing Agreements Held by Trustee

-

-

-

-

-

-

-

-

-

-

-

-17,526

20,918

Accrued Equity Issuance and Transaction Costs

-

-

-

-

300

-

-

-

-

-

-

-

-

Change in Accrued Deferred Financing Costs

484

-671

4,934

616

532

-543

2,292

120

1,057

-1,236

165

-1,124

3,249

Unrealized Gain (Loss) on Available-for-Sale CRE Debt Securities

-974

-

-

-

106

-

-

-

-

-

-

-

-

Accrued Other Assets Costs

-

-

-

-

-

-

-

-

-

-

-

2,425

223

Loans Investment
Payments on Secured Financing Agreements - Loan Investments

337,306

-

-

-

264,615

-

-

-

-

-

-

-

-

Proceeds from Secured Financing Agreements - Loan Investments

612,861

663,523

1,748,132

1,536,269

760,878

562,271

434,795

559,171

514,347

495,864

495,016

456,819

341,695

CRE Debt Securities
Payments on Secured Financing Agreements - Loan Investments

216,638

-

-

-

387

-

-

-

-

-

-

-

-

Proceeds from Secured Financing Agreements - Loan Investments

132,122

-

-

-

227,861

-

-

-

-

-

-

-

-

Preferred Class A
Payments to Redeem Series A Preferred Stock

-

-

-

-

-

0

0

0

125

-

-

-

-

Dividends paid

-

-

-

-

-

0

0

0

3

-

-

-

-

Common Stock, Undefined Class
Dividends paid

32,551

31,488

31,494

31,103

28,546

28,426

25,415

24,822

22,620

-

-

-

-

Class A Common Stock
Dividends paid

284

489

492

491

492

492

496

485

448

-

-

-

-

Commercial Mortgage-Backed And Commercial Real Estate Collateralized Loan Obligation Securities
Unrealized (Loss) Gain on Available-for-Sale Securities (Commercial Mortgage-Backed and Commercial Real Estate Collateralized Loan Obligation Securities)

-

-

-

-

-

-

-

-

-214

-

-

-

-