{ "chunks": [ { "id": "0b061014-9124-496b-a5d6-d500e3c3cd89", "grounding": { "box": { "bottom": 0.1045505702495575, "left": 0.03575456142425537, "right": 0.8143079280853271, "top": 0.05110248550772667 }, "page": 0 }, "markdown": "\n\nLOAN PORTFOLIO RISK RANKINGS & CECL RESERVE", "type": "text" }, { "id": "c7c4cd8a-24cd-49d8-adb0-057e4a02babd", "grounding": { "box": { "bottom": 0.8280752301216125, "left": 0.02354542911052704, "right": 0.4946930408477783, "top": 0.1688581109046936 }, "page": 0 }, "markdown": "\n\nRisk Ranking Overview\n\n<::Bar chart showing risk ranking distribution.\nLegend:\n- Q1'26 (light gray)\n- Q2'26 (dark blue)\n\nQ1'26 W.A. Risk Ranking: 3.1\nQ2'26 W.A. Risk Ranking: 3.0\n\nX-axis: Risk Rank (1, 2, 3, 4, 5)\nY-axis: Percentage and Loan Count\n\nData:\n- Risk Rank 3:\n - Q1'26: 94%, Loan Count 93\n - Q2'26: 95%, Loan Count 100\n- Risk Rank 4:\n - Q1'26: 2%, Loan Count 4\n - Q2'26: 5%, Loan Count 6\n- Risk Rank 5:\n - Q1'26: (Combined with Risk Rank 4 for summary below)\n - Q2'26: 4%, Loan Count 3\n\nSummary Box: Risk Rank 4 & 5\n- Q1'26: 6% | 7 loans\n- Q2'26: 5% | 6 loans\n: bar chart::>", "type": "figure" }, { "id": "9adb4450-0ca9-42f9-8d09-f52cc5c8b72c", "grounding": { "box": { "bottom": 0.6076158285140991, "left": 0.3329315781593323, "right": 0.4678753614425659, "top": 0.5178017616271973 }, "page": 0 }, "markdown": "\n\nRisk Rank 4 & 5\nQ1'26: 6% | 7 loans\nQ2'26: 5% | 6 loans", "type": "text" }, { "id": "ae1f1643-7369-429d-b0d4-79bfc1432852", "grounding": { "box": { "bottom": 0.830640971660614, "left": 0.5030147433280945, "right": 0.9757121205329895, "top": 0.16819453239440918 }, "page": 0 }, "markdown": "\n\nCECL Reserve Overview\n<::\nLegend:\n- Specific CECL Reserve\n- General CECL Reserve\n\nNote: No specific CECL reserve on balance sheet for Q3'25 to Q2'26\n\nBar chart showing Total Reserve values:\n- Q3'25:\n - Total Reserve: $127M\n - ($0.98/share)\n - Bar value: $127M\n- Q4'25:\n - Total Reserve: $88M\n - ($0.68/share)\n - Bar value: $88M\n- Q1'26:\n - Total Reserve: $87M\n - ($0.67/share)\n - Bar value: $87M\n- Q2'26:\n - Total Reserve: $100M\n - ($0.79/share)\n - Bar value: $100M\n: chart::>", "type": "figure" }, { "id": "b3c5d1d8-b7d9-4b15-a88d-f5bf4db2b116", "grounding": { "box": { "bottom": 0.9676436185836792, "left": 0.023570828139781952, "right": 0.21903389692306519, "top": 0.9122833013534546 }, "page": 0 }, "markdown": "\n\n<::logo: BrightSpire Capital\nBRIGHTSPIRE CAPITAL\nThe logo features a stylized 'BS' monogram in dark blue and light blue, followed by the company name in two lines.::>", "type": "logo" }, { "id": "dc59692e-868a-4e7a-b341-ff7a2d178905", "grounding": { "box": { "bottom": 0.949255108833313, "left": 0.23536786437034607, "right": 0.7719250917434692, "top": 0.9117233753204346 }, "page": 0 }, "markdown": "\n\nAbove charts based on GAAP gross carrying value and excludes the impact of CECL reserves, unless otherwise stated\nAs of June 30, 2026, unless otherwise stated; at BRSP share", "type": "text" }, { "id": "f4a9372b-ac06-4370-81cd-b3fc658821c0", "grounding": { "box": { "bottom": 0.9696162343025208, "left": 0.9572174549102783, "right": 0.9768432378768921, "top": 0.9444642663002014 }, "page": 0 }, "markdown": "\n\n13", "type": "marginalia" } ], "markdown": "\n\nLOAN PORTFOLIO RISK RANKINGS & CECL RESERVE\n\n\n\nRisk Ranking Overview\n\n<::Bar chart showing risk ranking distribution.\nLegend:\n- Q1'26 (light gray)\n- Q2'26 (dark blue)\n\nQ1'26 W.A. Risk Ranking: 3.1\nQ2'26 W.A. Risk Ranking: 3.0\n\nX-axis: Risk Rank (1, 2, 3, 4, 5)\nY-axis: Percentage and Loan Count\n\nData:\n- Risk Rank 3:\n - Q1'26: 94%, Loan Count 93\n - Q2'26: 95%, Loan Count 100\n- Risk Rank 4:\n - Q1'26: 2%, Loan Count 4\n - Q2'26: 5%, Loan Count 6\n- Risk Rank 5:\n - Q1'26: (Combined with Risk Rank 4 for summary below)\n - Q2'26: 4%, Loan Count 3\n\nSummary Box: Risk Rank 4 & 5\n- Q1'26: 6% | 7 loans\n- Q2'26: 5% | 6 loans\n: bar chart::>\n\n\n\nRisk Rank 4 & 5\nQ1'26: 6% | 7 loans\nQ2'26: 5% | 6 loans\n\n\n\nCECL Reserve Overview\n<::\nLegend:\n- Specific CECL Reserve\n- General CECL Reserve\n\nNote: No specific CECL reserve on balance sheet for Q3'25 to Q2'26\n\nBar chart showing Total Reserve values:\n- Q3'25:\n - Total Reserve: $127M\n - ($0.98/share)\n - Bar value: $127M\n- Q4'25:\n - Total Reserve: $88M\n - ($0.68/share)\n - Bar value: $88M\n- Q1'26:\n - Total Reserve: $87M\n - ($0.67/share)\n - Bar value: $87M\n- Q2'26:\n - Total Reserve: $100M\n - ($0.79/share)\n - Bar value: $100M\n: chart::>\n\n\n\n<::logo: BrightSpire Capital\nBRIGHTSPIRE CAPITAL\nThe logo features a stylized 'BS' monogram in dark blue and light blue, followed by the company name in two lines.::>\n\n\n\nAbove charts based on GAAP gross carrying value and excludes the impact of CECL reserves, unless otherwise stated\nAs of June 30, 2026, unless otherwise stated; at BRSP share\n\n\n\n13", "metadata": { "credit_usage": 3.0, "duration_ms": 14899, "filename": "p13.pdf", "job_id": "cmsgut5bc05y7fm01oq746gyi", "org_id": "dlh8mka28ml4", "page_count": 1, "version": "dpt-2-20260410", "failed_pages": [] }, "splits": [ { "chunks": [ "0b061014-9124-496b-a5d6-d500e3c3cd89", "c7c4cd8a-24cd-49d8-adb0-057e4a02babd", "9adb4450-0ca9-42f9-8d09-f52cc5c8b72c", "ae1f1643-7369-429d-b0d4-79bfc1432852", "b3c5d1d8-b7d9-4b15-a88d-f5bf4db2b116", "dc59692e-868a-4e7a-b341-ff7a2d178905", "f4a9372b-ac06-4370-81cd-b3fc658821c0" ], "class_": "full", "identifier": "full", "markdown": "\n\nLOAN PORTFOLIO RISK RANKINGS & CECL RESERVE\n\n\n\nRisk Ranking Overview\n\n<::Bar chart showing risk ranking distribution.\nLegend:\n- Q1'26 (light gray)\n- Q2'26 (dark blue)\n\nQ1'26 W.A. Risk Ranking: 3.1\nQ2'26 W.A. Risk Ranking: 3.0\n\nX-axis: Risk Rank (1, 2, 3, 4, 5)\nY-axis: Percentage and Loan Count\n\nData:\n- Risk Rank 3:\n - Q1'26: 94%, Loan Count 93\n - Q2'26: 95%, Loan Count 100\n- Risk Rank 4:\n - Q1'26: 2%, Loan Count 4\n - Q2'26: 5%, Loan Count 6\n- Risk Rank 5:\n - Q1'26: (Combined with Risk Rank 4 for summary below)\n - Q2'26: 4%, Loan Count 3\n\nSummary Box: Risk Rank 4 & 5\n- Q1'26: 6% | 7 loans\n- Q2'26: 5% | 6 loans\n: bar chart::>\n\n\n\nRisk Rank 4 & 5\nQ1'26: 6% | 7 loans\nQ2'26: 5% | 6 loans\n\n\n\nCECL Reserve Overview\n<::\nLegend:\n- Specific CECL Reserve\n- General CECL Reserve\n\nNote: No specific CECL reserve on balance sheet for Q3'25 to Q2'26\n\nBar chart showing Total Reserve values:\n- Q3'25:\n - Total Reserve: $127M\n - ($0.98/share)\n - Bar value: $127M\n- Q4'25:\n - Total Reserve: $88M\n - ($0.68/share)\n - Bar value: $88M\n- Q1'26:\n - Total Reserve: $87M\n - ($0.67/share)\n - Bar value: $87M\n- Q2'26:\n - Total Reserve: $100M\n - ($0.79/share)\n - Bar value: $100M\n: chart::>\n\n\n\n<::logo: BrightSpire Capital\nBRIGHTSPIRE CAPITAL\nThe logo features a stylized 'BS' monogram in dark blue and light blue, followed by the company name in two lines.::>\n\n\n\nAbove charts based on GAAP gross carrying value and excludes the impact of CECL reserves, unless otherwise stated\nAs of June 30, 2026, unless otherwise stated; at BRSP share\n\n\n\n13", "pages": [ 0 ] } ], "grounding": { "0b061014-9124-496b-a5d6-d500e3c3cd89": { "box": { "bottom": 0.1045505702495575, "left": 0.03575456142425537, "right": 0.8143079280853271, "top": 0.05110248550772667 }, "page": 0, "type": "chunkText", "confidence": 0.999, "low_confidence_spans": [] }, "c7c4cd8a-24cd-49d8-adb0-057e4a02babd": { "box": { "bottom": 0.8280752301216125, "left": 0.02354542911052704, "right": 0.4946930408477783, "top": 0.1688581109046936 }, "page": 0, "type": "chunkFigure", "confidence": null, "low_confidence_spans": [] }, "9adb4450-0ca9-42f9-8d09-f52cc5c8b72c": { "box": { "bottom": 0.6076158285140991, "left": 0.3329315781593323, "right": 0.4678753614425659, "top": 0.5178017616271973 }, "page": 0, "type": "chunkText", "confidence": 0.997, "low_confidence_spans": [] }, "ae1f1643-7369-429d-b0d4-79bfc1432852": { "box": { "bottom": 0.830640971660614, "left": 0.5030147433280945, "right": 0.9757121205329895, "top": 0.16819453239440918 }, "page": 0, "type": "chunkFigure", "confidence": null, "low_confidence_spans": [] }, "b3c5d1d8-b7d9-4b15-a88d-f5bf4db2b116": { "box": { "bottom": 0.9676436185836792, "left": 0.023570828139781952, "right": 0.21903389692306519, "top": 0.9122833013534546 }, "page": 0, "type": "chunkLogo", "confidence": null, "low_confidence_spans": [] }, "dc59692e-868a-4e7a-b341-ff7a2d178905": { "box": { "bottom": 0.949255108833313, "left": 0.23536786437034607, "right": 0.7719250917434692, "top": 0.9117233753204346 }, "page": 0, "type": "chunkText", "confidence": 0.985, "low_confidence_spans": [] }, "f4a9372b-ac06-4370-81cd-b3fc658821c0": { "box": { "bottom": 0.9696162343025208, "left": 0.9572174549102783, "right": 0.9768432378768921, "top": 0.9444642663002014 }, "page": 0, "type": "chunkMarginalia", "confidence": 0.997, "low_confidence_spans": [] } } }