v3.26.1
Real Estate Owned - Schedule of Real Estate Owned Assets and Liabilities (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Dec. 31, 2025
Asset Acquisition [Line Items]          
Interest expense $ 50,387 $ 45,524 $ 98,849 $ 88,667  
Accrued interest payable [1] 5,244   5,244   $ 6,751
Office Property          
Asset Acquisition [Line Items]          
Cash     20,926   18,018
Real estate owned - Building and building improvements     175,861   172,724
Real estate owned - Land and land improvements     54,845   54,845
Real estate owned - Tenant improvements     10,140   9,113
Real estate owned     240,846   236,682
Accumulated depreciation     (16,067)   (12,296)
Real estate owned, net     224,779   224,386
In-place lease intangibles, net     9,401   10,687
Above-market lease intangibles, net     1,473   1,685
Leasing commissions, net     2,609   2,748
Other assets, net     9,397   9,555
Total assets     268,585   267,079
Mortgage loan payable, net     30,910   30,838
Below-market lease intangibles, net     1,442   1,763
Other liabilities     6,058   8,453
Total liabilities     38,410   41,054
Cash escrowed 1,900   1,900   3,700
Interest expense 600 $ 600 1,300 $ 1,300  
Accrued interest payable $ 200   $ 200   $ 200
[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.