v3.26.1
CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Income    
Interest income $ 10,478 $ 0
Less: interest expense (5,391) 0
Net interest income 5,087 0
Fee and other income 600 0
Total income 5,687 0
Expenses    
Administrative fees 649 0
General and administrative expenses 463 0
Financing fees 445 0
Management & performance fees - related party 866 0
Accounting fees 202 0
Total expenses 2,625 0
Other loss    
Unrealized loss on real estate securities, at fair value (529) 0
Total other loss (529) 0
Net income 2,533 0
Net income attributable to non-controlling interest (236) 0
Net income attributable to Franklin BSP Real Estate Debt, Inc. $ 2,297 $ 0
Earnings Per Share [Abstract]    
Net income per common shares, basic (in dollars per share) $ 290 $ 0
Net income per common share, diluted (in dollars per share) $ 290 $ 0
Weighted average common shares outstanding, basic (in shares) 7,923,955 40
Weighted average common shares outstanding, diluted (in shares) 7,923,955 40