v3.25.2
Summary of Significant Accounting Policies - Additional Information (Details)
loan in Thousands, $ in Thousands
6 Months Ended
May 08, 2024
shares
Jun. 14, 2021
shares
Jun. 30, 2025
USD ($)
segment
loan
method
shares
Dec. 31, 2024
USD ($)
shares
Jun. 30, 2024
shares
Significant Accounting Policies [Line Items]          
Number of operating segments | segment     1    
Number of reportable segments | segment     1    
Loans past due, trigger percentage     90.00%    
Estimating credit losses in loan portfolio (in methods) | method     2    
Percentage of senior mortgage loan transferred to third-party     100.00%    
Issuance of common stock (in shares) | shares 2,647,059        
Warrants to purchase common stock (in shares) | shares     0   0
Cash | $     $ 20,700 $ 15,000  
Restricted cash | $ [1]     572 323  
Cash and cash equivalents | $ [1]     $ 165,850 $ 190,160  
Period before remittance by servicer (less than)     30 days    
Series C Preferred Stock          
Significant Accounting Policies [Line Items]          
Preferred stock, shares issued (in shares) | shares   8,050,000 8,050,000 8,050,000  
Dividend rate (in percent)   6.25%      
Warrants          
Significant Accounting Policies [Line Items]          
Warrants exercised (in shares) | shares 2,647,059        
Holdco          
Significant Accounting Policies [Line Items]          
Debt covenant, minimum cash balance required | $     $ 15,000    
Minimum cash reserve percentage     0.05    
Maximum | Commercial Real Estate Loans          
Significant Accounting Policies [Line Items]          
Loan performance (in loans) | loan     125    
[1] The Company’s consolidated Total Assets and Total Liabilities as of June 30, 2025 include assets and liabilities of variable interest entities (“VIEs”) of $2.9 billion and $2.5 billion, respectively. The Company’s consolidated Total Assets and Total Liabilities as of December 31, 2024 include assets and liabilities of VIEs of $2.1 billion and $1.7 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.