v3.25.2
Consolidated Balance Sheets (Parenthetical) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Assets    
Loans receivable, held-for-sale-investment, credit loss allowances $ 99,816 $ 93,664
Mortgage-backed securities held-to-maturity, credit loss allowances 89 137
Mortgage-backed securities, at fair value, credit loss allowances $ 20,365 $ 19,918
Stockholders' equity    
Preferred stock, par value (in dollars per share) $ 0.01 $ 0.01
Preferred stock, shares authorized (in shares) 100,000,000 100,000,000
Preferred stock, shares issued (in shares) 125 125
Preferred stock, shares outstanding (in shares) 125 125
Total assets [1] $ 10,820,498 $ 10,202,447
Total liabilities [1] 8,107,585 7,434,797
Variable Interest Entity, Primary Beneficiary    
Stockholders' equity    
Total assets 6,233,950 6,512,889
Total liabilities $ 5,177,124 $ 5,191,205
Common Stock Class F    
Stockholders' equity    
Common stock, par value (in dollars per share) $ 0.01 $ 0.01
Common stock, shares authorized (in shares) 125,000,000 125,000,000
Common stock, shares issued (in shares) 589,031 729,680
Common stock, shares outstanding (in shares) 589,031 729,680
Common Stock Class Y    
Stockholders' equity    
Common stock, par value (in dollars per share) $ 0.01 $ 0.01
Common stock, shares authorized (in shares) 125,000,000 125,000,000
Common stock, shares issued (in shares) 843,658 843,658
Common stock, shares outstanding (in shares) 843,658 843,658
Common Stock Class T    
Stockholders' equity    
Common stock, par value (in dollars per share) $ 0.01 $ 0.01
Common stock, shares authorized (in shares) 125,000,000 125,000,000
Common stock, shares issued (in shares) 786,027 825,192
Common stock, shares outstanding (in shares) 786,027 825,192
Common Stock Class S    
Stockholders' equity    
Common stock, par value (in dollars per share) $ 0.01 $ 0.01
Common stock, shares authorized (in shares) 125,000,000 125,000,000
Common stock, shares issued (in shares) 64,701,459 64,784,166
Common stock, shares outstanding (in shares) 64,701,459 64,784,166
Common Stock Class D    
Stockholders' equity    
Common stock, par value (in dollars per share) $ 0.01 $ 0.01
Common stock, shares authorized (in shares) 125,000,000 125,000,000
Common stock, shares issued (in shares) 402,519 442,779
Common stock, shares outstanding (in shares) 402,519 442,779
Common Stock Class M    
Stockholders' equity    
Common stock, par value (in dollars per share) $ 0.01 $ 0.01
Common stock, shares authorized (in shares) 125,000,000 125,000,000
Common stock, shares issued (in shares) 3,902,387 4,638,955
Common stock, shares outstanding (in shares) 3,902,387 4,638,955
Common Stock Class I    
Stockholders' equity    
Common stock, par value (in dollars per share) $ 0.01 $ 0.01
Common stock, shares authorized (in shares) 300,000,000 300,000,000
Common stock, shares issued (in shares) 48,125,931 48,222,436
Common stock, shares outstanding (in shares) 48,125,931 48,222,436
Mortgage-Backed Securities    
Assets    
Mortgage-backed securities held-to-maturity, credit loss allowances $ 89 $ 137
Mortgage-backed securities, at fair value, credit loss allowances $ 20,365 $ 19,918
[1] The June 30, 2025 and December 31, 2024 consolidated balance sheets include assets of consolidated variable interest entities, or VIEs, that can only be used to settle obligations of the VIEs, and liabilities of consolidated VIEs for which creditors do not have recourse to FS Credit Real Estate Income Trust, Inc. As of June 30, 2025 and December 31, 2024, assets of the VIEs totaled $6,233,950 and $6,512,889, respectively, and liabilities of the VIEs totaled $5,177,124 and $5,191,205, respectively. See Note 10 to our consolidated financial statements included herein for further details.