v3.26.1
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Total Stockholders' Equity
Common Stock
Additional Paid-In Capital
Accumulated Other Comprehensive Income/(Loss)
Accumulated Deficit
Preferred E
Series E Preferred Stock
Non-Controlling Interest
Beginning balance (in shares) at Dec. 31, 2024     83,066,789          
Balance, Beginning of Period at Dec. 31, 2024 $ 1,520,057 $ 1,512,562 $ 818 $ 1,600,997 $ 79 $ (348,074) $ 258,742 $ 7,495
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Share-based compensation 2,246 2,246 $ 4 2,242        
Shares canceled for tax withholding on vested equity rewards (in shares)     (196,020)          
Shares canceled for tax withholding on vested equity rewards (2,393) (2,393)   (2,393)        
Net income/(loss) attributable to Franklin BSP Realty Trust, Inc. 24,058 24,058       24,058    
Net income/(loss) attributable to non-controlling interest (353)             (353)
Distributions declared (36,440) (36,440)       (36,440)    
Other comprehensive income/(loss) (397) (397)     (397)      
Contributions/(distributions) in non-controlling interest, net (1,467)             (1,467)
Ending balance (in shares) at Mar. 31, 2025     82,870,769          
Balance, End of Period at Mar. 31, 2025 $ 1,505,311 1,499,636 $ 822 1,600,846 (318) (360,456) 258,742 5,675
Beginning balance (in shares) at Dec. 31, 2025 81,553,982   81,553,982          
Balance, Beginning of Period at Dec. 31, 2025 $ 1,531,477 1,441,530 $ 808 1,593,365 (284) (411,101) 258,742 89,947
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Common stock repurchases (in shares)     (4,361,596)          
Common stock repurchases (39,823) (39,823) $ (44) (39,779)        
Share-based compensation (in shares)     241,659          
Share-based compensation 2,403 2,403 $ (9) 2,412        
Shares canceled for tax withholding on vested equity rewards (in shares)     (219,141)          
Shares canceled for tax withholding on vested equity rewards (2,228) (2,228)   (2,228)        
Net income/(loss) attributable to Franklin BSP Realty Trust, Inc. 11,980 11,980       11,980    
Net income/(loss) attributable to non-controlling interest 312             312
Distributions declared (21,622) (21,622)       (21,622)    
Other comprehensive income/(loss) (772) (772)     (772)      
Contributions/(distributions) in non-controlling interest, net $ (1,681)             (1,681)
Ending balance (in shares) at Mar. 31, 2026 77,214,904   77,214,904          
Balance, End of Period at Mar. 31, 2026 $ 1,480,046 $ 1,391,468 $ 755 $ 1,553,770 $ (1,056) $ (420,743) $ 258,742 $ 88,578