v3.26.1
Corporate Financing Arrangements - Secured Term Loan (Details) - USD ($)
$ in Thousands
Jun. 30, 2026
May 31, 2026
Dec. 31, 2025
Debt Instrument [Line Items]      
Principal balance $ 3,531,816    
Term Loan B | Secured Debt      
Debt Instrument [Line Items]      
Principal balance 400,000    
Deferred financing costs (6,046) $ (6,100)  
Unamortized discount (981) $ (1,000)  
Total [1] $ 392,973   $ 0
[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.