v3.26.1
Loans Held for Investment and the Allowance for Credit Losses - Schedule of Loans Held for Investment Portfolio Activity (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Amortized cost        
Beginning balance [1]     $ 4,103,022  
Ending balance [1] $ 4,321,538   4,321,538  
Allowance for credit losses        
Beginning balance [1]     (74,503)  
Allowance for credit losses     (3,277) $ (5,202)
Ending balance [1] (77,750)   (77,750)  
Carrying value        
Beginning balance [1]     4,028,519  
Allowance for credit losses     (3,277) (5,202)
Ending balance [1] 4,243,788   4,243,788  
Senior loans        
Amortized cost        
Beginning balance     4,103,022  
Loans originated and acquired     583,391  
Additional fundings     29,123  
Accrued PIK interest     360  
Amortization of origination fees and discounts     3,697  
Collection of principal     (398,055)  
Ending balance 4,321,538   4,321,538  
Allowance for credit losses        
Beginning balance (74,033) $ (64,721) (74,503) (61,558)
Allowance for credit losses (3,717) (2,236) (3,247) (5,399)
Ending balance (77,750) (66,957) (77,750) (66,957)
Carrying value        
Beginning balance     4,028,519  
Loans originated and acquired     583,391  
Additional fundings     29,123  
Accrued PIK interest     360  
Amortization of origination fees and discounts     3,697  
Collection of principal     (398,055)  
Allowance for credit losses (3,717) $ (2,236) (3,247) $ (5,399)
Ending balance $ 4,243,788   $ 4,243,788  
[1] The Company’s consolidated Total Assets and Total Liabilities as of June 30, 2026 include assets and liabilities of variable interest entities (“VIEs”) of $2.3 billion and $1.9 billion, respectively. The Company’s consolidated Total Assets and Total Liabilities as of December 31, 2025 include assets and liabilities of VIEs of $3.1 billion and $2.6 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.