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     "reason": "The context contains no loan-vintage breakdown of commercial real estate loans; the 4Q'25 portfolio detail tables list individual investment dates (e.g., Senior Loan 12, Plano, TX, 2/6/2020) but no aggregated 2020/Pre-2021 vintage figure."
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     "reason": "The retrieved context contains portfolio detail tables (by individual loan, with investment dates) and balance sheet data, but no breakdown of commercial real estate loans by loan vintage (e.g., 2020/pre-2021), so no such figure is available."
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    "answer": "The retrieved context contains portfolio detail tables (by individual loan, with investment dates) and balance sheet data, but no breakdown of commercial real estate loans by loan vintage (e.g., 2020/pre-2021), so no such figure is available.",
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    "reason": "The retrieved chunks (4Q'25 portfolio detail tables for senior loans, real estate/CMBS/other investments, and the consolidated balance sheet) contain no loan-vintage breakdown, so no 2019/pre-2020 vintage figure is available."
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     "reason": "The retrieved context has no loan-vintage breakdown (e.g., 2019/pre-2020 origination vintage) of commercial real estate loans; portfolio details list individual investment dates and balance sheet totals only."
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    "answer": "The retrieved context has no loan-vintage breakdown (e.g., 2019/pre-2020 origination vintage) of commercial real estate loans; portfolio details list individual investment dates and balance sheet totals only.",
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     "kind": "unanswerable",
     "reason": "The retrieved context contains no geographic (% of principal) breakdown for the commercial real estate loan portfolio. The only geography chart shown (picture on page 15, CA 42%) relates to real estate assets, not the loan portfolio."
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    "answer": "The retrieved context contains no geographic (% of principal) breakdown for the commercial real estate loan portfolio. The only geography chart shown (picture on page 15, CA 42%) relates to real estate assets, not the loan portfolio.",
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    "reason": "The map's Northeast label parsed as 'Connecticut: 12%' \u2014 a 12% Northeast state value is shown, but 'MA/Massachusetts' is not spelled out in the parsed text, so the state attribution is inferred from the map's New England position."
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   "question": "Find Portfolio Details: Commercial Real Estate Loans \u2014 Geographic data : MA (Massachusetts) (Geography: % of Principal) (% value) (Concentration of Credit Risk). Return Q4 2025 value",
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     "reason": "The geographic concentration map (% of principal) in the retrieved context labels only California (17%), Texas (12%), Florida (11%), a 12% Northeast state read as Connecticut, Virginia (6%), New Jersey (5%), Washington D.C. (5%), Georgia (4%), Europe (4%) and 'Other U.S. <4%'; no percentage is attributed to Massachusetts (MA), so the MA figure cannot be stated from this context."
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   "question": "Find Portfolio Details: Commercial Real Estate Loans \u2014 Geographic data : TX (Texas) (Geography: % of Principal) (% value) (Concentration of Credit Risk). Return Q4 2025 value",
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    "answer": "The retrieved chunks contain 4Q'25 portfolio detail tables (loan-by-loan), balance sheet and portfolio activity, but no geographic concentration-of-credit-risk breakdown showing TX as a % of principal.",
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   "question": "Find Portfolio Details: Commercial Real Estate Loans \u2014 Geographic data : FL (Florida) (Geography: % of Principal) (% value) (Concentration of Credit Risk). Return Q4 2025 value",
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     "reason": "The retrieved context only shows geography percentages for Washington (4%) and New York (4%) from the portfolio-by-the-numbers figure; no Florida (FL) % of principal / concentration of credit risk figure appears in the provided chunks."
    },
    "answer": "The retrieved context only shows geography percentages for Washington (4%) and New York (4%) from the portfolio-by-the-numbers figure; no Florida (FL) % of principal / concentration of credit risk figure appears in the provided chunks.",
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     "reason": "The retrieved context only shows partial geography figures (Washington 4%, New York 4%) from the KREF Loan Portfolio by the Numbers page; no VA (Virginia) % of principal concentration figure is present."
    },
    "answer": "The retrieved context only shows partial geography figures (Washington 4%, New York 4%) from the KREF Loan Portfolio by the Numbers page; no VA (Virginia) % of principal concentration figure is present.",
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