{ "markdown": "LOAN PORTFOLIO DIVERSIFICATION\n\n\n
\n\nThe figure presents a comprehensive financial breakdown of collateral investments, featuring a main data table, a stacked bar chart illustrating collateral type migration, and a geographic map highlighting regional exposure.
(At BRSP share)Number of investmentsAverage investment sizeCarrying value% of carrying valueWSWNESEMW
Multifamily73$ 26$ 1,87769%28%28%1%9%3%
Office193057721%8%7%5%1%--
Mixed-use & Other6372208%2%--6%----
Industrial132321%--------1%
Hotel124241%--------1%
Total100$ 27$ 2,730100%38%35%12%10%5%
General CECL reserves(87)
Total \u2013 Net of general CECL reserves$ 2,643
\n\nBelow the table, the figure includes two additional components: A stacked bar chart titled 'Collateral Type Migration' showing the composition percentages of collateral types (Multifamily, Office, Mixed-use & Other, Hotel, Industrial) across Q1'25, Q4'25, and Q1'26. A map titled 'Region' showing the United States with circles indicating regional exposure percentages: West (38%), Southwest (35%), Northeast (12%), Southeast (10%), and Midwest (5%).
\n\n[LOGO] BRIGHTSPIRE\n[LOGO] CAPITAL\n\n\nAbove charts based on GAAP gross carrying value and excludes the impact of CECL reserves\n$ in millions; as of March 31, 2026; at BRSP share\n\n\n10\n\n", "structure": { "type": "document", "markdown": null, "children": [ { "type": "page", "page": null, "span": null, "width": null, "height": null, "dpi": null, "grounding": { "page": 1, "range": { "start": 0, "end": 2279 }, "box": { "xmin": 0.0, "ymin": 0.0, "xmax": 1.0, "ymax": 1.0 } }, "markdown": null, "status": "ok", "reason": null, "children": [ { "type": "text", "id": "text-0", "span": null, "grounding": { "page": 1, "range": { "start": 0, "end": 31 }, "box": { "xmin": 0.03551, "ymin": 0.05096, "xmax": 0.58408, "ymax": 0.1033 } }, "atomic_grounding": [ { "page": 1, "range": { "start": 0, "end": 31 }, "box": { "xmin": 0.04078, "ymin": 0.05803, "xmax": 0.57824, "ymax": 0.09751 } } ], "markdown": null, "children": null, "row": null, "col": null, "colspan": null, "rowspan": null }, { "type": "figure", "id": "figure-0", "span": null, "grounding": { "page": 1, "range": { "start": 33, "end": 2094 }, "box": { "xmin": 0.02242, "ymin": 0.12471, "xmax": 0.97513, "ymax": 0.90473 } }, "atomic_grounding": [ { "page": 1, "range": { "start": 33, "end": 2094 }, "box": { "xmin": 0.02242, "ymin": 0.12471, "xmax": 0.97513, "ymax": 0.90473 } } ], "markdown": null, "children": null, "row": null, "col": null, "colspan": null, "rowspan": null }, { "type": "logo", "id": "logo-0", "span": null, "grounding": { "page": 1, "range": { "start": 2096, "end": 2130 }, "box": { "xmin": 0.02287, "ymin": 0.91228, "xmax": 0.21916, "ymax": 0.96867 } }, "atomic_grounding": [ { "page": 1, "range": { "start": 2096, "end": 2115 }, "box": { "xmin": 0.02672, "ymin": 0.91741, "xmax": 0.21577, "ymax": 0.94434 } }, { "page": 1, "range": { "start": 2115, "end": 2130 }, "box": { "xmin": 0.02701, "ymin": 0.93998, "xmax": 0.13479, "ymax": 0.96228 } } ], "markdown": null, "children": null, "row": null, "col": null, "colspan": null, "rowspan": null }, { "type": "text", "id": "text-1", "span": null, "grounding": { "page": 1, "range": { "start": 2132, "end": 2272 }, "box": { "xmin": 0.23571, "ymin": 0.91212, "xmax": 0.66159, "ymax": 0.94902 } }, "atomic_grounding": [ { "page": 1, "range": { "start": 2132, "end": 2221 }, "box": { "xmin": 0.23886, "ymin": 0.91467, "xmax": 0.6589, "ymax": 0.93089 } }, { "page": 1, "range": { "start": 2221, "end": 2272 }, "box": { "xmin": 0.23873, "ymin": 0.93026, "xmax": 0.45427, "ymax": 0.94715 } } ], "markdown": null, "children": null, "row": null, "col": null, "colspan": null, "rowspan": null }, { "type": "marginalia", "id": "marginalia-0", "span": null, "grounding": { "page": 1, "range": { "start": 2274, "end": 2277 }, "box": { "xmin": 0.95588, "ymin": 0.94489, "xmax": 0.97689, "ymax": 0.96961 } }, "atomic_grounding": [ { "page": 1, "range": { "start": 2274, "end": 2277 }, "box": { "xmin": 0.95838, "ymin": 0.94781, "xmax": 0.97477, "ymax": 0.96534 } } ], "markdown": null, "children": null, "row": null, "col": null, "colspan": null, "rowspan": null } ] } ] }, "grounding": null, "metadata": { "req_id": null, "job_id": "parse-01m3czvbjp2qe00pnaeygahn7f", "model_version": "dpt-3-pro-20260710", "page_count": 1, "markdown_chars": null, "output_markdown_chars": 2326, "range_units": "unicode_codepoints", "openapi_spec": "https://api.ade.landing.ai/openapi.json", "failed_pages": [], "duration_ms": 8321, "billing": { "service_tier": "standard", "total_credits": 1.1 } } }