[ { "set": "A", "doc_key": "998c8ed06c0be22d", "doc_id": 290, "index": 0, "question": "Find Income Statement: : GAAP (Generally Accepted Accounting Principles) EPS (Earnings Per Share). Return Q1 2026 value", "table": "#/tables/3", "expected_row": 28, "got_row": 28, "got_cell": "t3-28-1", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "998c8ed06c0be22d", "doc_id": 290, "index": 1, "question": "Find Income Statement: : Net Distributable EPS (Earnings Per Share). Return Q1 2026 value", "table": "#/tables/48", "expected_row": 11, "got_row": 11, "got_cell": "t48-11-2", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "998c8ed06c0be22d", "doc_id": 290, "index": 2, "question": "Find Income Statement: : Adjusted Distributable EPS (Earnings Per Share) (excludes gains/losses). Return Q1 2026 value", "table": "#/tables/48", "expected_row": 9, "got_row": 9, "got_cell": "t48-9-2", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "998c8ed06c0be22d", "doc_id": 290, "index": 3, "question": "Find Income Statement: : Regular Dividend. Return Q1 2026 value", "table": "#/tables/3", "expected_row": 31, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The question asks for \"Q1 2026 value\" but this table shows full-year data for 2026 and 2025, not quarterly breakdowns. Additionally, \"Regular Dividend\" is not explicitly labeled in this income statement; the closest item is \"Dividends Declared per Share of Common Stock\" which shows $0.25 for 2026, but this is an annual figure, not Q1 specific.", "verdict": "DECLINE" }, { "set": "A", "doc_key": "998c8ed06c0be22d", "doc_id": 290, "index": 5, "question": "Find Balance Sheet: : GAAP (Generally Accepted Accounting Principles) book value (per share). Return Q1 2026 value", "table": "#/tables/49", "expected_row": 7, "got_row": 7, "got_cell": "t49-7-1", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "998c8ed06c0be22d", "doc_id": 290, "index": 6, "question": "Find Balance Sheet: : Shares outstanding (millions). Return Q1 2026 value", "table": "#/tables/2", "expected_row": 28, "got_row": 28, "got_cell": "t2-28-1", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "998c8ed06c0be22d", "doc_id": 290, "index": 7, "question": "Find Balance Sheet: : Repo/Warehouse financing (millions) (Secured Financing Agreements, Net). Return Q1 2026 value", "table": "#/tables/2", "expected_row": 16, "got_row": 16, "got_cell": "t2-16-1", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "998c8ed06c0be22d", "doc_id": 290, "index": 9, "question": "Find Balance Sheet: : Real estate debt (millions). Return Q1 2026 value", "table": "#/tables/2", "expected_row": 16, "got_row": null, "got_cell": "", "whole_table": false, "not_found": "The question asks for \"Real estate debt\" which is not a line item explicitly shown in this balance sheet. The table contains various debt instruments (Secured financing agreements, Collateralized loan obligations, Secured term loan) but no single row labeled \"Real estate debt.\" This would require aggregating multiple debt line items, which requires arithmetic across rows.", "verdict": "DECLINE" }, { "set": "A", "doc_key": "998c8ed06c0be22d", "doc_id": 290, "index": 11, "question": "Find Balance Sheet: : Term loans (millions). Return Q1 2026 value", "table": "#/tables/2", "expected_row": 18, "got_row": 18, "got_cell": "t2-18-1", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "998c8ed06c0be22d", "doc_id": 290, "index": 12, "question": "Find Balance Sheet: : Corporate debt (millions) (Debt Obligations Note: Revolving Credit Agreement (Revolver)). Return Q1 2026 value", "table": "#/tables/20", "expected_row": 22, "got_row": 22, "got_cell": "t20-22-5", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "998c8ed06c0be22d", "doc_id": 290, "index": 14, "question": "Find Balance Sheet: : Preferred equity (millions). Return Q1 2026 value", "table": "#/tables/2", "expected_row": 27, "got_row": 27, "got_cell": "t2-27-1", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "998c8ed06c0be22d", "doc_id": 290, "index": 15, "question": "Find Balance Sheet: : Total equity (millions). Return Q1 2026 value", "table": "#/tables/2", "expected_row": 34, "got_row": 34, "got_cell": "t2-34-1", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "998c8ed06c0be22d", "doc_id": 290, "index": 16, "question": "Find Balance Sheet: : Total Liabilities & Equity. Return Q1 2026 value", "table": "#/tables/2", "expected_row": 35, "got_row": 35, "got_cell": "t2-35-1", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "998c8ed06c0be22d", "doc_id": 290, "index": 20, "question": "Find Balance Sheet: : Recourse leverage (Financing Leverage Ratios Summary: Debt-To-Equity Ratio(3)). Return Q1 2026 value", "table": "#/tables/58", "expected_row": 1, "got_row": 1, "got_cell": "t58-1-1", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "998c8ed06c0be22d", "doc_id": 290, "index": 21, "question": "Find Balance Sheet: : Total leverage (Financing Leverage Ratios Summary: Total Leverage Ratio(4)). Return Q1 2026 value", "table": "#/tables/58", "expected_row": 2, "got_row": 2, "got_cell": "t58-2-1", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "998c8ed06c0be22d", "doc_id": 290, "index": 22, "question": "Find Funded Commitments (millions) (Loan Portfolio: Total/Weighted Average Outstanding Principal) ($ value) (Note 3. Commercial Real Estate Loans). Return Q1 2026 value", "table": "#/tables/8", "expected_row": 6, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The question asks for \"Funded Commitments\" but the table shows \"Outstanding Principal\" and other loan metrics. These are different measures - Funded Commitments refers to the amount of credit committed/available, while Outstanding Principal refers to the amount actually drawn/outstanding. This row is not present in the table.", "verdict": "DECLINE" }, { "set": "A", "doc_key": "998c8ed06c0be22d", "doc_id": 290, "index": 23, "question": "Find Unfunded Commitments (millions) (Contractual Obligations: Future Funding Obligations + Equity Method Investment, CMBS B-Pieces). Return Q1 2026 value", "table": "#/tables/63", "expected_row": 11, "got_row": null, "got_cell": "", "whole_table": false, "not_found": "The question asks for a computed figure (sum of Future Funding Obligations + Equity Method Investment, CMBS B-Pieces), which requires arithmetic across multiple rows. Per the rules, I cannot provide a row when the figure would need arithmetic across rows.", "verdict": "DECLINE" }, { "set": "A", "doc_key": "998c8ed06c0be22d", "doc_id": 290, "index": 25, "question": "Find CECL (Current Expected Credit Losses): : Unfunded General Reserve (millions). Return Q1 2026 value", "table": "#/tables/13", "expected_row": 5, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The table shows CECL allowance balances and changes, but does not contain a separate line item for \"Unfunded General Reserve.\" The \"Unfunded Loan Commitments\" column shows the CECL allowance related to unfunded commitments, but this is not specifically labeled as a \"General Reserve.\" The Q1 2026 value for unfunded commitments is in row 5, but it represents the total CECL allowance for unfunded commitments, not a separately identified \"Unfunded General Reserve\" line item.", "verdict": "DECLINE" }, { "set": "A", "doc_key": "998c8ed06c0be22d", "doc_id": 290, "index": 29, "question": "Find Portfolio Details: : First mortgages, UPB (Unpaid Principal Balance) (millions) ($ value) (Note 3. Commercial Real Estate Loans). Return Q1 2026 value", "table": "#/tables/8", "expected_row": 3, "got_row": 3, "got_cell": "t8-3-1", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "998c8ed06c0be22d", "doc_id": 290, "index": 32, "question": "Find Portfolio Details: : Securities, fair value (millions) (Consolidated VIE Assets, CMBS Trusts, at Fair Value). Return Q1 2026 value", "table": "#/tables/28", "expected_row": 4, "got_row": 4, "got_cell": "t28-4-1", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "998c8ed06c0be22d", "doc_id": 290, "index": 33, "question": "Find Portfolio Details: : Real estate, carrying value (millions) (Real Estate Owned, Held-for-Investment, Net + Real Estate Owned, Held-for-Sale (total) + Equity Method Investment, Real Estate Assets). Sum Q1 2026 values", "table": "#/tables/2", "expected_row": 7, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The question asks for a sum of multiple rows (Real Estate Owned Held-for-Investment Net + Real Estate Owned Held-for-Sale + Equity Method Investment), which requires arithmetic across rows. Per the rules, I cannot provide a single row when the figure would need computation across multiple rows.", "verdict": "DECLINE" }, { "set": "A", "doc_key": "998c8ed06c0be22d", "doc_id": 290, "index": 36, "question": "Find Portfolio Details: : Floating rate (%) (Loan Portfolio: Total/Weighted Average, Floating Rate Loan %). Return Q1 2026 value", "table": "#/tables/8", "expected_row": 6, "got_row": 6, "got_cell": "t8-6-5", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "998c8ed06c0be22d", "doc_id": 290, "index": 37, "question": "Find Portfolio Details: : # of loans. Return Q1 2026 value", "table": "#/tables/51", "expected_row": 1, "got_row": 1, "got_cell": "t51-1-1", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "998c8ed06c0be22d", "doc_id": 290, "index": 38, "question": "Find Portfolio Details: : LTV (Loan-to-Value). Return Q1 2026 value", "table": "#/tables/51", "expected_row": 8, "got_row": 8, "got_cell": "t51-8-1", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "998c8ed06c0be22d", "doc_id": 290, "index": 40, "question": "Find Portfolio Details: : WA (Weighted Average) term to maturity (years). Return Q1 2026 value", "table": "#/tables/51", "expected_row": 7, "got_row": 7, "got_cell": "t51-7-1", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "998c8ed06c0be22d", "doc_id": 290, "index": 52, "question": "Find Portfolio Details: New originations, gross.. Return Q1 2026 value", "table": "#/tables/50", "expected_row": 1, "got_row": 1, "got_cell": "t50-1-1", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "998c8ed06c0be22d", "doc_id": 290, "index": 56, "question": "Find Portfolio Details: LTV, new originations: weighted average of LTVs. . Calculate Q1 2026 value", "table": "#/tables/52", "expected_row": 8, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The question asks for a weighted average LTV of new originations in Q1 2026, which would require arithmetic across multiple rows (identifying which loans are new originations in Q1 2026 and calculating their weighted average LTV). This is not a single figure that appears as a row in the table. The table shows individual loan LTVs in column 12, but computing a weighted average across a subset of rows requires calculation across rows, which falls outside the scope of identifying a single row.", "verdict": "DECLINE" }, { "set": "A", "doc_key": "998c8ed06c0be22d", "doc_id": 290, "index": 58, "question": "Find Loan Ratings:1-rated ($ Value), Outstanding Principal. Return Q1 2026 value", "table": "#/tables/10", "expected_row": 1, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "Risk Rating 1 has no outstanding principal value in the table. Row 1 (Risk Rating 1) shows \"$ \u2014\" for both March 31, 2026 Carrying Value and Outstanding Principal, indicating no loans with this rating exist in the portfolio.", "verdict": "DECLINE" }, { "set": "A", "doc_key": "998c8ed06c0be22d", "doc_id": 290, "index": 59, "question": "Find Loan Ratings:2-rated ($ Value), Outstanding Principal. Return Q1 2026 value", "table": "#/tables/10", "expected_row": 2, "got_row": 2, "got_cell": "t10-2-3", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "998c8ed06c0be22d", "doc_id": 290, "index": 60, "question": "Find Loan Ratings:3-rated ($ Value), Outstanding Principal. Return Q1 2026 value", "table": "#/tables/10", "expected_row": 3, "got_row": 3, "got_cell": "t10-3-3", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "998c8ed06c0be22d", "doc_id": 290, "index": 61, "question": "Find Loan Ratings:4-rated ($ Value), Outstanding Principal. Return Q1 2026 value", "table": "#/tables/10", "expected_row": 4, "got_row": 4, "got_cell": "t10-4-3", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "998c8ed06c0be22d", "doc_id": 290, "index": 62, "question": "Find Loan Ratings:5-rated ($ Value), Outstanding Principal. Return Q1 2026 value", "table": "#/tables/54", "expected_row": 5, "got_row": 5, "got_cell": "t54-5-3", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "998c8ed06c0be22d", "doc_id": 290, "index": 63, "question": "Find Commercial Real Estate Loans \u2014 Vintage: 2026 ($ value) (Loan Vintage). Return Q1 2026 value", "table": "#/tables/11", "expected_row": 7, "got_row": 7, "got_cell": "t11-7-3", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "998c8ed06c0be22d", "doc_id": 290, "index": 64, "question": "Find Commercial Real Estate Loans \u2014 Vintage: 2025 ($ value) (Loan Vintage). Return Q1 2026 value", "table": "#/tables/11", "expected_row": 7, "got_row": 7, "got_cell": "t11-7-4", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "998c8ed06c0be22d", "doc_id": 290, "index": 65, "question": "Find Commercial Real Estate Loans \u2014 Vintage: 2024 ($ value) (Loan Vintage). Return Q1 2026 value", "table": "#/tables/11", "expected_row": 7, "got_row": 7, "got_cell": "t11-7-5", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "998c8ed06c0be22d", "doc_id": 290, "index": 66, "question": "Find Commercial Real Estate Loans \u2014 Vintage: 2023 ($ value) (Loan Vintage). Return Q1 2026 value", "table": "#/tables/11", "expected_row": 7, "got_row": 7, "got_cell": "t11-7-6", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "998c8ed06c0be22d", "doc_id": 290, "index": 71, "question": "Find Portfolio Details: Commercial Real Estate Loans \u2014 Geographic data : CA (California) (Geography: % of Principal) (% value) (Concentration of Credit Risk). Return Q1 2026 value", "table": "#/tables/14", "expected_row": 1, "got_row": 1, "got_cell": "t14-1-1", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "998c8ed06c0be22d", "doc_id": 290, "index": 72, "question": "Find Portfolio Details: Commercial Real Estate Loans \u2014 Geographic data : MA (Massachusetts) (Geography: % of Principal) (% value) (Concentration of Credit Risk). Return Q1 2026 value", "table": "#/tables/14", "expected_row": 2, "got_row": 2, "got_cell": "t14-2-1", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "998c8ed06c0be22d", "doc_id": 290, "index": 75, "question": "Find Portfolio Details: Commercial Real Estate Loans \u2014 Geographic data : VA (Virginia) (Geography: % of Principal) (% value) (Concentration of Credit Risk). Return Q1 2026 value", "table": "#/tables/14", "expected_row": 12, "got_row": 12, "got_cell": "t14-12-1", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "998c8ed06c0be22d", "doc_id": 290, "index": 77, "question": "Find Portfolio Details: Commercial Real Estate Loans \u2014 Geographic data : DC (District of Columbia) (Geography: % of Principal) (% value) (Concentration of Credit Risk). Return Q1 2026 value", "table": "#/tables/14", "expected_row": 7, "got_row": 7, "got_cell": "t14-7-1", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "998c8ed06c0be22d", "doc_id": 290, "index": 78, "question": "Find Portfolio Details: Commercial Real Estate Loans \u2014 Geographic data : NY (New York) (Geography: % of Principal) (% value) (Concentration of Credit Risk). Return Q1 2026 value", "table": "#/tables/14", "expected_row": 9, "got_row": 9, "got_cell": "t14-9-1", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "998c8ed06c0be22d", "doc_id": 290, "index": 82, "question": "Find Portfolio Details: Commercial Real Estate Loans \u2014 Geographic data : NV (Nevada) (Geography: % of Principal) (% value) (Concentration of Credit Risk). Return Q1 2026 value", "table": "#/tables/14", "expected_row": 11, "got_row": 11, "got_cell": "t14-11-1", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "998c8ed06c0be22d", "doc_id": 290, "index": 83, "question": "Find Portfolio Details: Commercial Real Estate Loans \u2014 Geographic data : GA (Georgia) (Geography: % of Principal) (% value) (Concentration of Credit Risk). Return Q1 2026 value", "table": "#/tables/14", "expected_row": 13, "got_row": 13, "got_cell": "t14-13-1", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "998c8ed06c0be22d", "doc_id": 290, "index": 84, "question": "Find Portfolio Details: Commercial Real Estate Loans \u2014 Geographic data : AZ (Arizona) (Concentration of Credit Risk). Return Q1 2026 value", "table": "#/tables/14", "expected_row": 21, "got_row": 21, "got_cell": "t14-21-1", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "998c8ed06c0be22d", "doc_id": 290, "index": 85, "question": "Find Portfolio Details: Commercial Real Estate Loans \u2014 Geographic data : IL (Illinois) (Geography: % of Principal) (% value) (Concentration of Credit Risk). Return Q1 2026 value", "table": "#/tables/14", "expected_row": 15, "got_row": 15, "got_cell": "t14-15-1", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "998c8ed06c0be22d", "doc_id": 290, "index": 87, "question": "Find Portfolio Details: Commercial Real Estate Loans \u2014 Geographic data : CO (Colorado) (Geography: % of Principal) (% value) (Concentration of Credit Risk). Return Q1 2026 value", "table": "#/tables/14", "expected_row": 17, "got_row": 17, "got_cell": "t14-17-1", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "998c8ed06c0be22d", "doc_id": 290, "index": 89, "question": "Find Portfolio Details: Commercial Real Estate Loans \u2014 Geographic data : NJ (New Jersey) (Geography: % of Principal) (% value) (Concentration of Credit Risk). Return Q1 2026 value", "table": "#/tables/14", "expected_row": 14, "got_row": 14, "got_cell": "t14-14-1", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "7b3e369dc5223e3c", "doc_id": 294, "index": 0, "question": "Find Income Statement: : GAAP (Generally Accepted Accounting Principles) EPS (Earnings Per Share). Return Q4 2025 value", "table": "#/tables/16", "expected_row": 28, "got_row": 28, "got_cell": "t16-28-1", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "7b3e369dc5223e3c", "doc_id": 294, "index": 1, "question": "Find Income Statement: : Net Distributable EPS (Earnings Per Share). Return Q4 2025 value", "table": "#/tables/0", "expected_row": 10, "got_row": 10, "got_cell": "t0-10-1", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "7b3e369dc5223e3c", "doc_id": 294, "index": 2, "question": "Find Income Statement: : Adjusted Distributable EPS (Earnings Per Share) (excludes gains/losses). Return Q4 2025 value", "table": "#/tables/17", "expected_row": 9, "got_row": 9, "got_cell": "t17-9-2", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "7b3e369dc5223e3c", "doc_id": 294, "index": 3, "question": "Find Income Statement: : Regular Dividend. Return Q4 2025 value", "table": "#/tables/0", "expected_row": 11, "got_row": 11, "got_cell": "t0-11-1", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "7b3e369dc5223e3c", "doc_id": 294, "index": 5, "question": "Find Balance Sheet: : GAAP (Generally Accepted Accounting Principles) book value (per share). Return Q4 2025 value", "table": "#/tables/1", "expected_row": 16, "got_row": 16, "got_cell": "t1-16-1", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "7b3e369dc5223e3c", "doc_id": 294, "index": 6, "question": "Find Balance Sheet: : Shares outstanding (millions). Return Q4 2025 value", "table": "#/tables/1", "expected_row": 17, "got_row": 17, "got_cell": "t1-17-1", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "7b3e369dc5223e3c", "doc_id": 294, "index": 7, "question": "Find Balance Sheet: : Repo/Warehouse financing (millions) (Secured Financing Agreements, Net). Return Q4 2025 value", "table": "#/tables/1", "expected_row": 8, "got_row": 8, "got_cell": "t1-8-1", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "7b3e369dc5223e3c", "doc_id": 294, "index": 8, "question": "Find Balance Sheet: : CLO (Collateralized Loan Obligation)/Securitized debt (millions) ($ value). Return Q4 2025 value", "table": "#/tables/1", "expected_row": 9, "got_row": 9, "got_cell": "t1-9-1", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "7b3e369dc5223e3c", "doc_id": 294, "index": 10, "question": "Find Balance Sheet: : Other portfolio debt (millions) (Consolidated VIE Liabilities, CMBS Trusts, at Fair Value). Return Q4 2025 value", "table": "#/tables/1", "expected_row": 11, "got_row": 11, "got_cell": "t1-11-1", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "7b3e369dc5223e3c", "doc_id": 294, "index": 11, "question": "Find Balance Sheet: : Term loans (millions). Return Q4 2025 value", "table": "#/tables/1", "expected_row": 10, "got_row": 10, "got_cell": "t1-10-1", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "7b3e369dc5223e3c", "doc_id": 294, "index": 12, "question": "Find Balance Sheet: : Corporate debt (millions) (Debt Obligations Note: Revolving Credit Agreement (Revolver)). Return Q4 2025 value", "table": "#/tables/11", "expected_row": 5, "got_row": 5, "got_cell": "t11-5-2", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "7b3e369dc5223e3c", "doc_id": 294, "index": 15, "question": "Find Balance Sheet: : Total equity (millions). Return Q4 2025 value", "table": "#/tables/1", "expected_row": 14, "got_row": 14, "got_cell": "t1-14-1", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "7b3e369dc5223e3c", "doc_id": 294, "index": 16, "question": "Find Balance Sheet: : Total Liabilities & Equity. Return Q4 2025 value", "table": "#/tables/15", "expected_row": 38, "got_row": 38, "got_cell": "t15-38-1", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "7b3e369dc5223e3c", "doc_id": 294, "index": 22, "question": "Find Funded Commitments (millions) (Loan Portfolio: Total/Weighted Average Outstanding Principal) ($ value) (Note 3. Commercial Real Estate Loans). Return Q4 2025 value", "table": "#/tables/14", "expected_row": 5, "got_row": 5, "got_cell": "t14-5-7", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "7b3e369dc5223e3c", "doc_id": 294, "index": 34, "question": "Find Portfolio Details: : Other earning assets (Equity Method Investments: CMBS B-Pieces + Unconsolidated Entity). Return Q4 2025 value", "table": "#/tables/15", "expected_row": 9, "got_row": null, "got_cell": "", "whole_table": false, "not_found": "The question asks for a sum of two separate line items (Equity method investment, CMBS B-Pieces + Equity method investment, unconsolidated entity), which requires arithmetic across rows. Per the rules, I cannot provide a row when the figure would need arithmetic across rows.", "verdict": "DECLINE" }, { "set": "A", "doc_key": "7b3e369dc5223e3c", "doc_id": 294, "index": 38, "question": "Find Portfolio Details: : LTV (Loan-to-Value). Return Q4 2025 value", "table": "#/tables/14", "expected_row": 21, "got_row": 21, "got_cell": "t14-21-12", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "7b3e369dc5223e3c", "doc_id": 294, "index": 39, "question": "Find Portfolio Details: Credit spread (S+) (Weighted Average of Senior and Mezzanine). Calculate Q4 2025 value", "table": "#/tables/14", "expected_row": 5, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The table does not contain a row showing \"Credit spread (S+) (Weighted Average of Senior and Mezzanine)\". The table shows coupon spreads over Term SOFR/SONIA/EURIBOR for individual loans and weighted averages by category (Senior Loans, CMBS Investments), but does not present a combined weighted average credit spread for Senior and Mezzanine loans together. Additionally, no mezzanine loans are shown in this table.", "verdict": "DECLINE" }, { "set": "A", "doc_key": "7b3e369dc5223e3c", "doc_id": 294, "index": 40, "question": "Find Portfolio Details: : WA (Weighted Average) term to maturity (years). Return Q4 2025 value", "table": "#/tables/14", "expected_row": 21, "got_row": 21, "got_cell": "t14-21-10", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "91c27397e36f1cd5", "doc_id": 292, "index": 0, "question": "Find Income Statement: : GAAP (Generally Accepted Accounting Principles) EPS (Earnings Per Share). Return Q1 2026 value", "table": "#/tables/2", "expected_row": 1, "got_row": 1, "got_cell": "t2-1-2", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "91c27397e36f1cd5", "doc_id": 292, "index": 1, "question": "Find Income Statement: : Net Distributable EPS (Earnings Per Share). Return Q1 2026 value", "table": "#/tables/2", "expected_row": 11, "got_row": 11, "got_cell": "t2-11-2", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "91c27397e36f1cd5", "doc_id": 292, "index": 2, "question": "Find Income Statement: : Adjusted Distributable EPS (Earnings Per Share) (excludes gains/losses). Return Q1 2026 value", "table": "#/tables/2", "expected_row": 9, "got_row": 9, "got_cell": "t2-9-2", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "91c27397e36f1cd5", "doc_id": 292, "index": 22, "question": "Find Funded Commitments (millions) (Loan Portfolio: Total/Weighted Average Outstanding Principal) ($ value) (Note 3. Commercial Real Estate Loans). Return Q1 2026 value", "table": "#/tables/1", "expected_row": 5, "got_row": 5, "got_cell": "t1-5-2", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "91c27397e36f1cd5", "doc_id": 292, "index": 33, "question": "Find Portfolio Details: : Real estate, carrying value (millions) (Real Estate Owned, Held-for-Investment, Net + Real Estate Owned, Held-for-Sale (total) + Equity Method Investment, Real Estate Assets). Sum Q1 2026 values", "table": "#/tables/1", "expected_row": 2, "got_row": 2, "got_cell": "t1-2-3", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "91c27397e36f1cd5", "doc_id": 292, "index": 38, "question": "Find Portfolio Details: : LTV (Loan-to-Value). Return Q1 2026 value", "table": "#/tables/1", "expected_row": 5, "got_row": 5, "got_cell": "t1-5-6", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "91c27397e36f1cd5", "doc_id": 292, "index": 40, "question": "Find Portfolio Details: : WA (Weighted Average) term to maturity (years). Return Q1 2026 value", "table": "#/tables/1", "expected_row": 5, "got_row": 5, "got_cell": "t1-5-5", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "91c27397e36f1cd5", "doc_id": 292, "index": 52, "question": "Find Portfolio Details: New originations, gross.. Return Q1 2026 value", "table": "#/tables/0", "expected_row": 1, "got_row": 2, "got_cell": "t0-2-4", "whole_table": false, "not_found": null, "verdict": "WRONG_ROW" }, { "set": "A", "doc_key": "91c27397e36f1cd5", "doc_id": 292, "index": 53, "question": "Find Portfolio Details: New originations, funded. . Return Q1 2026 value", "table": "#/tables/0", "expected_row": 1, "got_row": 2, "got_cell": "t0-2-4", "whole_table": false, "not_found": null, "verdict": "WRONG_ROW" }, { "set": "A", "doc_key": "91c27397e36f1cd5", "doc_id": 292, "index": 56, "question": "Find Portfolio Details: LTV, new originations: weighted average of LTVs. . Calculate Q1 2026 value", "table": "#/tables/0", "expected_row": 2, "got_row": 2, "got_cell": "t0-2-7", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "91c27397e36f1cd5", "doc_id": 292, "index": 57, "question": "Find Originations: : Credit spread, new originations (S+). Calculate Q1 2026 value", "table": "#/tables/0", "expected_row": 2, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The credit spread (S+) is not presented as a separate row in this table. The table shows \"Coupon\" which is listed as \"+ 2.6%\" for the loan, but this appears to be the spread over a floating rate index, not explicitly labeled as \"S+\" or \"credit spread.\" The question asks for a specific metric labeled as \"Credit spread, new originations (S+)\" which is not a distinct row in this table.", "verdict": "DECLINE" }, { "set": "A", "doc_key": "705c9a88ad5d2694", "doc_id": 291, "index": 0, "question": "Find Income Statement: : GAAP (Generally Accepted Accounting Principles) EPS (Earnings Per Share). Return Q1 2026 value", "table": "#/tables/18", "expected_row": 27, "got_row": 27, "got_cell": "t18-27-1", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "705c9a88ad5d2694", "doc_id": 291, "index": 1, "question": "Find Income Statement: : Net Distributable EPS (Earnings Per Share). Return Q1 2026 value", "table": "#/tables/0", "expected_row": 10, "got_row": 10, "got_cell": "t0-10-1", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "705c9a88ad5d2694", "doc_id": 291, "index": 2, "question": "Find Income Statement: : Adjusted Distributable EPS (Earnings Per Share) (excludes gains/losses). Return Q1 2026 value", "table": "#/tables/19", "expected_row": 9, "got_row": 9, "got_cell": "t19-9-2", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "705c9a88ad5d2694", "doc_id": 291, "index": 3, "question": "Find Income Statement: : Regular Dividend. Return Q1 2026 value", "table": "#/tables/0", "expected_row": 11, "got_row": 11, "got_cell": "t0-11-1", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "705c9a88ad5d2694", "doc_id": 291, "index": 5, "question": "Find Balance Sheet: : GAAP (Generally Accepted Accounting Principles) book value (per share). Return Q1 2026 value", "table": "#/tables/1", "expected_row": 16, "got_row": 16, "got_cell": "t1-16-1", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "705c9a88ad5d2694", "doc_id": 291, "index": 7, "question": "Find Balance Sheet: : Repo/Warehouse financing (millions) (Secured Financing Agreements, Net). Return Q1 2026 value", "table": "#/tables/1", "expected_row": 8, "got_row": 8, "got_cell": "t1-8-1", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "705c9a88ad5d2694", "doc_id": 291, "index": 8, "question": "Find Balance Sheet: : CLO (Collateralized Loan Obligation)/Securitized debt (millions) ($ value). Return Q1 2026 value", "table": "#/tables/1", "expected_row": 9, "got_row": 9, "got_cell": "t1-9-1", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "705c9a88ad5d2694", "doc_id": 291, "index": 10, "question": "Find Balance Sheet: : Other portfolio debt (millions) (Consolidated VIE Liabilities, CMBS Trusts, at Fair Value). Return Q1 2026 value", "table": "#/tables/1", "expected_row": 11, "got_row": 11, "got_cell": "t1-11-1", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "705c9a88ad5d2694", "doc_id": 291, "index": 11, "question": "Find Balance Sheet: : Term loans (millions). Return Q1 2026 value", "table": "#/tables/1", "expected_row": 10, "got_row": 10, "got_cell": "t1-10-1", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "705c9a88ad5d2694", "doc_id": 291, "index": 12, "question": "Find Balance Sheet: : Corporate debt (millions) (Debt Obligations Note: Revolving Credit Agreement (Revolver)). Return Q1 2026 value", "table": "#/tables/13", "expected_row": 5, "got_row": 5, "got_cell": "t13-5-2", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "705c9a88ad5d2694", "doc_id": 291, "index": 15, "question": "Find Balance Sheet: : Total equity (millions). Return Q1 2026 value", "table": "#/tables/1", "expected_row": 14, "got_row": 14, "got_cell": "t1-14-1", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "705c9a88ad5d2694", "doc_id": 291, "index": 16, "question": "Find Balance Sheet: : Total Liabilities & Equity. Return Q1 2026 value", "table": "#/tables/17", "expected_row": 35, "got_row": 35, "got_cell": "t17-35-1", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "705c9a88ad5d2694", "doc_id": 291, "index": 32, "question": "Find Portfolio Details: : Securities, fair value (millions) (Consolidated VIE Assets, CMBS Trusts, at Fair Value). Return Q1 2026 value", "table": "#/tables/1", "expected_row": 3, "got_row": 3, "got_cell": "t1-3-1", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "705c9a88ad5d2694", "doc_id": 291, "index": 33, "question": "Find Portfolio Details: : Real estate, carrying value (millions) (Real Estate Owned, Held-for-Investment, Net + Real Estate Owned, Held-for-Sale (total) + Equity Method Investment, Real Estate Assets). Sum Q1 2026 values", "table": "#/tables/17", "expected_row": 7, "got_row": null, "got_cell": "", "whole_table": false, "not_found": "The question asks for a sum of multiple rows (Real Estate Owned Held-for-Investment Net + Real Estate Owned Held-for-Sale + Equity Method Investment), which requires arithmetic across rows. Per the rules, I cannot provide a single row when the figure would need computation across multiple rows.", "verdict": "DECLINE" }, { "set": "A", "doc_key": "705c9a88ad5d2694", "doc_id": 291, "index": 38, "question": "Find Portfolio Details: : LTV (Loan-to-Value). Return Q1 2026 value", "table": "#/tables/16", "expected_row": 22, "got_row": 22, "got_cell": "t16-22-12", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "705c9a88ad5d2694", "doc_id": 291, "index": 40, "question": "Find Portfolio Details: : WA (Weighted Average) term to maturity (years). Return Q1 2026 value", "table": "#/tables/16", "expected_row": 22, "got_row": 22, "got_cell": "t16-22-10", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "705c9a88ad5d2694", "doc_id": 291, "index": 60, "question": "Find Loan Ratings:3-rated ($ Value), Outstanding Principal. Return Q1 2026 value", "table": "#/tables/3", "expected_row": 10, "got_row": 10, "got_cell": "t3-10-4", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "705c9a88ad5d2694", "doc_id": 291, "index": 62, "question": "Find Loan Ratings:5-rated ($ Value), Outstanding Principal. Return Q1 2026 value", "table": "#/tables/3", "expected_row": 2, "got_row": 2, "got_cell": "t3-2-4", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "05d219e055142f19", "doc_id": 293, "index": 0, "question": "Find Income Statement: : GAAP (Generally Accepted Accounting Principles) EPS (Earnings Per Share). Return Q4 2025 value", "table": "#/tables/7", "expected_row": 3, "got_row": 3, "got_cell": "t7-3-1", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "05d219e055142f19", "doc_id": 293, "index": 1, "question": "Find Income Statement: : Net Distributable EPS (Earnings Per Share). Return Q4 2025 value", "table": "#/tables/8", "expected_row": 13, "got_row": 13, "got_cell": "t8-13-2", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "05d219e055142f19", "doc_id": 293, "index": 2, "question": "Find Income Statement: : Adjusted Distributable EPS (Earnings Per Share) (excludes gains/losses). Return Q4 2025 value", "table": "#/tables/8", "expected_row": 10, "got_row": 10, "got_cell": "t8-10-2", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "05d219e055142f19", "doc_id": 293, "index": 3, "question": "Find Income Statement: : Regular Dividend. Return Q4 2025 value", "table": "#/tables/7", "expected_row": 4, "got_row": 4, "got_cell": "t7-4-1", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "05d219e055142f19", "doc_id": 293, "index": 5, "question": "Find Balance Sheet: : GAAP (Generally Accepted Accounting Principles) book value (per share). Return Q4 2025 value", "table": "#/tables/9", "expected_row": 7, "got_row": 7, "got_cell": "t9-7-1", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "05d219e055142f19", "doc_id": 293, "index": 7, "question": "Find Balance Sheet: : Repo/Warehouse financing (millions) (Secured Financing Agreements, Net). Return Q4 2025 value", "table": "#/tables/25", "expected_row": 17, "got_row": 17, "got_cell": "t25-17-1", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "05d219e055142f19", "doc_id": 293, "index": 8, "question": "Find Balance Sheet: : CLO (Collateralized Loan Obligation)/Securitized debt (millions) ($ value). Return Q4 2025 value", "table": "#/tables/25", "expected_row": 18, "got_row": 18, "got_cell": "t25-18-1", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "05d219e055142f19", "doc_id": 293, "index": 10, "question": "Find Balance Sheet: : Other portfolio debt (millions) (Consolidated VIE Liabilities, CMBS Trusts, at Fair Value). Return Q4 2025 value", "table": "#/tables/51", "expected_row": 8, "got_row": 8, "got_cell": "t51-8-1", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "05d219e055142f19", "doc_id": 293, "index": 11, "question": "Find Balance Sheet: : Term loans (millions). Return Q4 2025 value", "table": "#/tables/25", "expected_row": 19, "got_row": 19, "got_cell": "t25-19-1", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "05d219e055142f19", "doc_id": 293, "index": 12, "question": "Find Balance Sheet: : Corporate debt (millions) (Debt Obligations Note: Revolving Credit Agreement (Revolver)). Return Q4 2025 value", "table": "#/tables/43", "expected_row": 23, "got_row": 23, "got_cell": "t43-23-5", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "05d219e055142f19", "doc_id": 293, "index": 15, "question": "Find Balance Sheet: : Total equity (millions). Return Q4 2025 value", "table": "#/tables/25", "expected_row": 37, "got_row": 37, "got_cell": "t25-37-1", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "05d219e055142f19", "doc_id": 293, "index": 16, "question": "Find Balance Sheet: : Total Liabilities & Equity. Return Q4 2025 value", "table": "#/tables/25", "expected_row": 38, "got_row": 38, "got_cell": "t25-38-1", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "05d219e055142f19", "doc_id": 293, "index": 20, "question": "Find Balance Sheet: : Recourse leverage (Financing Leverage Ratios Summary: Debt-To-Equity Ratio(3)). Return Q4 2025 value", "table": "#/tables/17", "expected_row": 1, "got_row": 1, "got_cell": "t17-1-1", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "05d219e055142f19", "doc_id": 293, "index": 22, "question": "Find Funded Commitments (millions) (Loan Portfolio: Total/Weighted Average Outstanding Principal) ($ value) (Note 3. Commercial Real Estate Loans). Return Q4 2025 value", "table": "#/tables/13", "expected_row": 18, "got_row": 18, "got_cell": "t13-18-7", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "05d219e055142f19", "doc_id": 293, "index": 23, "question": "Find Unfunded Commitments (millions) (Contractual Obligations: Future Funding Obligations + Equity Method Investment, CMBS B-Pieces). Return Q4 2025 value", "table": "#/tables/22", "expected_row": 11, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The question asks for \"Unfunded Commitments\" which should be calculated as Future Funding Obligations + Equity Method Investment CMBS B-Pieces. While the table contains Future Funding Obligations (row 11) and CMBS investments (row 12), the question requires arithmetic across multiple rows to derive the unfunded commitments figure. Additionally, the table does not contain a separate line item for \"Equity Method Investment, CMBS B-Pieces\" - only \"CMBS investments\" is shown. The question requires computation across rows, which violates the rules.", "verdict": "DECLINE" }, { "set": "A", "doc_key": "05d219e055142f19", "doc_id": 293, "index": 25, "question": "Find CECL (Current Expected Credit Losses): : Unfunded General Reserve (millions). Return Q4 2025 value", "table": "#/tables/35", "expected_row": 8, "got_row": 8, "got_cell": "t35-8-2", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "05d219e055142f19", "doc_id": 293, "index": 29, "question": "Find Portfolio Details: : First mortgages, UPB (Unpaid Principal Balance) (millions) ($ value) (Note 3. Commercial Real Estate Loans). Return Q4 2025 value", "table": "#/tables/71", "expected_row": 18, "got_row": 18, "got_cell": "t71-18-5", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "05d219e055142f19", "doc_id": 293, "index": 32, "question": "Find Portfolio Details: : Securities, fair value (millions) (Consolidated VIE Assets, CMBS Trusts, at Fair Value). Return Q4 2025 value", "table": "#/tables/51", "expected_row": 4, "got_row": 4, "got_cell": "t51-4-1", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "05d219e055142f19", "doc_id": 293, "index": 33, "question": "Find Portfolio Details: : Real estate, carrying value (millions) (Real Estate Owned, Held-for-Investment, Net + Real Estate Owned, Held-for-Sale (total) + Equity Method Investment, Real Estate Assets). Sum Q4 2025 values", "table": "#/tables/25", "expected_row": 6, "got_row": null, "got_cell": "", "whole_table": false, "not_found": "The question asks for a sum of multiple rows (Real Estate Owned Held-for-Investment Net + Real Estate Owned Held-for-Sale + Equity Method Investment Real Estate Assets), which requires arithmetic across rows. No single row contains this combined figure.", "verdict": "DECLINE" }, { "set": "A", "doc_key": "05d219e055142f19", "doc_id": 293, "index": 34, "question": "Find Portfolio Details: : Other earning assets (Equity Method Investments: CMBS B-Pieces + Unconsolidated Entity). Return Q4 2025 value", "table": "#/tables/25", "expected_row": 9, "got_row": null, "got_cell": "", "whole_table": false, "not_found": "The question asks for a combined figure (sum of two separate line items: Equity method investment, CMBS B-Pieces + Equity method investment, unconsolidated entity), which requires arithmetic across rows. Per the rules, I cannot provide a row when the figure would need arithmetic across rows.", "verdict": "DECLINE" }, { "set": "A", "doc_key": "05d219e055142f19", "doc_id": 293, "index": 36, "question": "Find Portfolio Details: : Floating rate (%) (Loan Portfolio: Total/Weighted Average, Floating Rate Loan %). Return Q4 2025 value", "table": "#/tables/30", "expected_row": 3, "got_row": 3, "got_cell": "t30-3-5", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "05d219e055142f19", "doc_id": 293, "index": 37, "question": "Find Portfolio Details: : # of loans. Return Q4 2025 value", "table": "#/tables/11", "expected_row": 1, "got_row": 1, "got_cell": "t11-1-1", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "05d219e055142f19", "doc_id": 293, "index": 38, "question": "Find Portfolio Details: : LTV (Loan-to-Value). Return Q4 2025 value", "table": "#/tables/11", "expected_row": 8, "got_row": 8, "got_cell": "t11-8-1", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "05d219e055142f19", "doc_id": 293, "index": 39, "question": "Find Portfolio Details: Credit spread (S+) (Weighted Average of Senior and Mezzanine). Calculate Q4 2025 value", "table": "#/tables/11", "expected_row": 5, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The question asks for a calculated figure combining weighted averages of senior and mezzanine loans. This requires arithmetic across rows (combining data from floating rate loans column with fixed rate loans column using different weightings), which is not a single line item in the table. The table shows the spread components (+ 3.3% for floating rate loans) but not a combined weighted average credit spread calculation.", "verdict": "DECLINE" }, { "set": "A", "doc_key": "05d219e055142f19", "doc_id": 293, "index": 40, "question": "Find Portfolio Details: : WA (Weighted Average) term to maturity (years). Return Q4 2025 value", "table": "#/tables/11", "expected_row": 7, "got_row": 7, "got_cell": "t11-7-1", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "05d219e055142f19", "doc_id": 293, "index": 41, "question": "Find Portfolio Details: Commercial Real Estate Loans: Concentration of Credit Risk, Collateral Property Type: Multifamily (% of Principal). Return Q4 2025 value", "table": "#/tables/37", "expected_row": 1, "got_row": 1, "got_cell": "t37-1-2", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "05d219e055142f19", "doc_id": 293, "index": 42, "question": "Find Portfolio Details: Commercial Real Estate Loans: Concentration of Credit Risk, Collateral Property Type: Office (% of Principal). Return Q4 2025 value", "table": "#/tables/37", "expected_row": 2, "got_row": 2, "got_cell": "t37-2-2", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "05d219e055142f19", "doc_id": 293, "index": 43, "question": "Find Portfolio Details: Commercial Real Estate Loans: Concentration of Credit Risk, Collateral Property Type: Life Science (% of Principal). Return Q4 2025 value", "table": "#/tables/37", "expected_row": 4, "got_row": 4, "got_cell": "t37-4-2", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "05d219e055142f19", "doc_id": 293, "index": 44, "question": "Find Portfolio Details: Commercial Real Estate Loans: Concentration of Credit Risk, Collateral Property Type: Hospitality (% of Principal). Return Q4 2025 value", "table": "#/tables/37", "expected_row": 5, "got_row": 5, "got_cell": "t37-5-2", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "05d219e055142f19", "doc_id": 293, "index": 46, "question": "Find Portfolio Details: Commercial Real Estate Loans: Concentration of Credit Risk, Collateral Property Type: Industrial (% of Principal). Return Q4 2025 value", "table": "#/tables/37", "expected_row": 3, "got_row": 3, "got_cell": "t37-3-2", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "05d219e055142f19", "doc_id": 293, "index": 47, "question": "Find Portfolio Details: Commercial Real Estate Loans: Concentration of Credit Risk, Collateral Property Type: Mixed-Use (% of Principal). Return Q4 2025 value", "table": "#/tables/37", "expected_row": 7, "got_row": 7, "got_cell": "t37-7-2", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "05d219e055142f19", "doc_id": 293, "index": 49, "question": "Find Portfolio Details: Commercial Real Estate Loans: Concentration of Credit Risk, Collateral Property Type: Self-storage (% of Principal). Return Q4 2025 value", "table": "#/tables/37", "expected_row": 8, "got_row": 8, "got_cell": "t37-8-2", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "05d219e055142f19", "doc_id": 293, "index": 50, "question": "Find Portfolio Details: Commercial Real Estate Loans: Concentration of Credit Risk, Collateral Property Type: Student Housing (% of Principal). Return Q4 2025 value", "table": "#/tables/37", "expected_row": 6, "got_row": 6, "got_cell": "t37-6-2", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "05d219e055142f19", "doc_id": 293, "index": 52, "question": "Find Portfolio Details: New originations, gross.. Return Q4 2025 value", "table": "#/tables/10", "expected_row": 1, "got_row": 1, "got_cell": "t10-1-1", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "05d219e055142f19", "doc_id": 293, "index": 53, "question": "Find Portfolio Details: New originations, funded. Return Q4 2025 value", "table": "#/tables/10", "expected_row": 2, "got_row": 1, "got_cell": "t10-1-1", "whole_table": false, "not_found": null, "verdict": "WRONG_ROW" }, { "set": "A", "doc_key": "05d219e055142f19", "doc_id": 293, "index": 55, "question": "Find Originations: : Repayments (proceeds from loan payments and amortizations). Return Q4 2025 value", "table": "#/tables/10", "expected_row": 3, "got_row": 3, "got_cell": "t10-3-1", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "05d219e055142f19", "doc_id": 293, "index": 58, "question": "Find Loan Ratings:1-rated ($ Value), Outstanding Principal. Return Q4 2025 value", "table": "#/tables/32", "expected_row": 2, "got_row": 2, "got_cell": "t32-2-3", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "05d219e055142f19", "doc_id": 293, "index": 59, "question": "Find Loan Ratings:2-rated ($ Value), Outstanding Principal. Return Q4 2025 value", "table": "#/tables/32", "expected_row": 3, "got_row": 3, "got_cell": "t32-3-3", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "05d219e055142f19", "doc_id": 293, "index": 60, "question": "Find Loan Ratings:3-rated ($ Value), Outstanding Principal. Return Q4 2025 value", "table": "#/tables/32", "expected_row": 4, "got_row": 4, "got_cell": "t32-4-3", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "05d219e055142f19", "doc_id": 293, "index": 61, "question": "Find Loan Ratings:4-rated ($ Value), Outstanding Principal. Return Q4 2025 value", "table": "#/tables/32", "expected_row": 5, "got_row": 5, "got_cell": "t32-5-3", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "05d219e055142f19", "doc_id": 293, "index": 62, "question": "Find Loan Ratings:5-rated ($ Value), Outstanding Principal. Return Q4 2025 value", "table": "#/tables/32", "expected_row": 6, "got_row": 6, "got_cell": "t32-6-3", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "05d219e055142f19", "doc_id": 293, "index": 64, "question": "Find Commercial Real Estate Loans \u2014 Vintage: 2025 ($ value) (Loan Vintage). Return Q4 2025 value", "table": "#/tables/33", "expected_row": 7, "got_row": 7, "got_cell": "t33-7-3", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "05d219e055142f19", "doc_id": 293, "index": 65, "question": "Find Commercial Real Estate Loans \u2014 Vintage: 2024 ($ value) (Loan Vintage). Return Q4 2025 value", "table": "#/tables/33", "expected_row": 7, "got_row": 7, "got_cell": "t33-7-4", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "05d219e055142f19", "doc_id": 293, "index": 67, "question": "Find Commercial Real Estate Loans \u2014 Vintage: 2022 ($ value) (Loan Vintage). Return Q4 2025 value", "table": "#/tables/33", "expected_row": 7, "got_row": 7, "got_cell": "t33-7-6", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "05d219e055142f19", "doc_id": 293, "index": 71, "question": "Find Portfolio Details: Commercial Real Estate Loans \u2014 Geographic data : CA (California) (Geography: % of Principal) (% value) (Concentration of Credit Risk). Return Q4 2025 value", "table": "#/tables/36", "expected_row": 1, "got_row": 1, "got_cell": "t36-1-1", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "05d219e055142f19", "doc_id": 293, "index": 72, "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", "table": "#/tables/36", "expected_row": 3, "got_row": 3, "got_cell": "t36-3-1", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "05d219e055142f19", "doc_id": 293, "index": 73, "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", "table": "#/tables/36", "expected_row": 2, "got_row": 2, "got_cell": "t36-2-1", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "05d219e055142f19", "doc_id": 293, "index": 74, "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", "table": "#/tables/36", "expected_row": 4, "got_row": 4, "got_cell": "t36-4-1", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "05d219e055142f19", "doc_id": 293, "index": 75, "question": "Find Portfolio Details: Commercial Real Estate Loans \u2014 Geographic data : VA (Virginia) (Geography: % of Principal) (% value) (Concentration of Credit Risk). Return Q4 2025 value", "table": "#/tables/36", "expected_row": 13, "got_row": 13, "got_cell": "t36-13-1", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "05d219e055142f19", "doc_id": 293, "index": 76, "question": "Find Portfolio Details: Commercial Real Estate Loans \u2014 Geographic data : NC (North Carolina) (Geography: % of Principal) (% value) (Concentration of Credit Risk). Return Q4 2025 value", "table": "#/tables/36", "expected_row": 5, "got_row": 5, "got_cell": "t36-5-1", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "05d219e055142f19", "doc_id": 293, "index": 77, "question": "Find Portfolio Details: Commercial Real Estate Loans \u2014 Geographic data : DC (District of Columbia) (Geography: % of Principal) (% value) (Concentration of Credit Risk). Return Q4 2025 value", "table": "#/tables/36", "expected_row": 6, "got_row": 6, "got_cell": "t36-6-1", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "05d219e055142f19", "doc_id": 293, "index": 78, "question": "Find Portfolio Details: Commercial Real Estate Loans \u2014 Geographic data : NY (New York) (Geography: % of Principal) (% value) (Concentration of Credit Risk). Return Q4 2025 value", "table": "#/tables/36", "expected_row": 8, "got_row": 8, "got_cell": "t36-8-1", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "05d219e055142f19", "doc_id": 293, "index": 79, "question": "Find Portfolio Details: Commercial Real Estate Loans \u2014 Geographic data : PA (Pennsylvania) (Geography: % of Principal) (% value) (Concentration of Credit Risk). Return Q4 2025 value", "table": "#/tables/36", "expected_row": 7, "got_row": 7, "got_cell": "t36-7-1", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "05d219e055142f19", "doc_id": 293, "index": 80, "question": "Find Portfolio Details: Commercial Real Estate Loans \u2014 Geographic data : WA (Washington) (Concentration of Credit Risk). Return Q4 2025 value", "table": "#/tables/36", "expected_row": 9, "got_row": 9, "got_cell": "t36-9-1", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "05d219e055142f19", "doc_id": 293, "index": 81, "question": "Find Portfolio Details: Commercial Real Estate Loans \u2014 Geographic data : MN (Minnesota) (Geography: % of Principal) (% value) (Concentration of Credit Risk). Return Q4 2025 value", "table": "#/tables/36", "expected_row": 10, "got_row": 10, "got_cell": "t36-10-1", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "05d219e055142f19", "doc_id": 293, "index": 82, "question": "Find Portfolio Details: Commercial Real Estate Loans \u2014 Geographic data : NV (Nevada) (Geography: % of Principal) (% value) (Concentration of Credit Risk). Return Q4 2025 value", "table": "#/tables/36", "expected_row": 12, "got_row": 12, "got_cell": "t36-12-1", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "05d219e055142f19", "doc_id": 293, "index": 83, "question": "Find Portfolio Details: Commercial Real Estate Loans \u2014 Geographic data : GA (Georgia) (Geography: % of Principal) (% value) (Concentration of Credit Risk). Return Q4 2025 value", "table": "#/tables/36", "expected_row": 14, "got_row": 14, "got_cell": "t36-14-1", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "05d219e055142f19", "doc_id": 293, "index": 84, "question": "Find Portfolio Details: Commercial Real Estate Loans \u2014 Geographic data : AZ (Arizona) (Concentration of Credit Risk). Return Q4 2025 value", "table": "#/tables/36", "expected_row": 16, "got_row": 16, "got_cell": "t36-16-1", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "05d219e055142f19", "doc_id": 293, "index": 85, "question": "Find Portfolio Details: Commercial Real Estate Loans \u2014 Geographic data : IL (Illinois) (Geography: % of Principal) (% value) (Concentration of Credit Risk). Return Q4 2025 value", "table": "#/tables/36", "expected_row": 17, "got_row": 17, "got_cell": "t36-17-1", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "05d219e055142f19", "doc_id": 293, "index": 86, "question": "Find Portfolio Details: Commercial Real Estate Loans \u2014 Geographic data : TN (Tennessee) (Geography: % of Principal) (% value) (Concentration of Credit Risk). Return Q4 2025 value", "table": "#/tables/36", "expected_row": 18, "got_row": 18, "got_cell": "t36-18-1", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "05d219e055142f19", "doc_id": 293, "index": 87, "question": "Find Portfolio Details: Commercial Real Estate Loans \u2014 Geographic data : CO (Colorado) (Geography: % of Principal) (% value) (Concentration of Credit Risk). Return Q4 2025 value", "table": "#/tables/36", "expected_row": 19, "got_row": 19, "got_cell": "t36-19-1", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "05d219e055142f19", "doc_id": 293, "index": 89, "question": "Find Portfolio Details: Commercial Real Estate Loans \u2014 Geographic data : NJ (New Jersey) (Geography: % of Principal) (% value) (Concentration of Credit Risk). Return Q4 2025 value", "table": "#/tables/36", "expected_row": 15, "got_row": 15, "got_cell": "t36-15-1", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "05d219e055142f19", "doc_id": 293, "index": 90, "question": "Find Portfolio Details: Commercial Real Estate Loans \u2014 Geographic data : UK (Geography: % of Principal) (% value) (Concentration of Credit Risk). Return Q4 2025 value", "table": "#/tables/36", "expected_row": 11, "got_row": 11, "got_cell": "t36-11-1", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "05d219e055142f19", "doc_id": 293, "index": 91, "question": "Find Portfolio Details: Commercial Real Estate Loans \u2014 Geographic data : Other Europe (Geography: % of Principal) (% value) (Concentration of Credit Risk). Return Q4 2025 value", "table": "#/tables/36", "expected_row": 20, "got_row": 20, "got_cell": "t36-20-1", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "05d219e055142f19", "doc_id": 293, "index": 92, "question": "Find Portfolio Details: Commercial Real Estate Loans \u2014 Geographic data : Other US (Geography: % of Principal) (% value) (Concentration of Credit Risk). Return Q4 2025 value", "table": "#/tables/36", "expected_row": 21, "got_row": 21, "got_cell": "t36-21-1", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "e273e835cb26c428", "doc_id": 295, "index": 0, "question": "Find Income Statement: : GAAP (Generally Accepted Accounting Principles) EPS (Earnings Per Share). Return Q4 2025 value", "table": "#/tables/2", "expected_row": 1, "got_row": 1, "got_cell": "t2-1-2", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "e273e835cb26c428", "doc_id": 295, "index": 1, "question": "Find Income Statement: : Net Distributable EPS (Earnings Per Share). Return Q4 2025 value", "table": "#/tables/2", "expected_row": 11, "got_row": 11, "got_cell": "t2-11-2", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "e273e835cb26c428", "doc_id": 295, "index": 2, "question": "Find Income Statement: : Adjusted Distributable EPS (Earnings Per Share) (excludes gains/losses). Return Q4 2025 value", "table": "#/tables/2", "expected_row": 9, "got_row": 9, "got_cell": "t2-9-2", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "e273e835cb26c428", "doc_id": 295, "index": 22, "question": "Find Funded Commitments (millions) (Loan Portfolio: Total/Weighted Average Outstanding Principal) ($ value) (Note 3. Commercial Real Estate Loans). Return Q4 2025 value", "table": "#/tables/1", "expected_row": 5, "got_row": 5, "got_cell": "t1-5-2", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "e273e835cb26c428", "doc_id": 295, "index": 29, "question": "Find Portfolio Details: : First mortgages, UPB (Unpaid Principal Balance) (millions) ($ value) (Note 3. Commercial Real Estate Loans). Return Q4 2025 value", "table": "#/tables/1", "expected_row": 1, "got_row": 1, "got_cell": "t1-1-2", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "e273e835cb26c428", "doc_id": 295, "index": 33, "question": "Find Portfolio Details: : Real estate, carrying value (millions) (Real Estate Owned, Held-for-Investment, Net + Real Estate Owned, Held-for-Sale (total) + Equity Method Investment, Real Estate Assets). Sum Q4 2025 values", "table": "#/tables/1", "expected_row": 2, "got_row": 2, "got_cell": "t1-2-3", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "e273e835cb26c428", "doc_id": 295, "index": 40, "question": "Find Portfolio Details: : WA (Weighted Average) term to maturity (years). Return Q4 2025 value", "table": "#/tables/1", "expected_row": 5, "got_row": 5, "got_cell": "t1-5-5", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "e273e835cb26c428", "doc_id": 295, "index": 52, "question": "Find Portfolio Details: New originations, gross.. Return Q4 2025 value", "table": "#/tables/0", "expected_row": 5, "got_row": 5, "got_cell": "t0-5-3", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "e273e835cb26c428", "doc_id": 295, "index": 53, "question": "Find Portfolio Details: New originations, funded. Return Q4 2025 value", "table": "#/tables/0", "expected_row": 5, "got_row": 5, "got_cell": "t0-5-4", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "e273e835cb26c428", "doc_id": 295, "index": 56, "question": "Find Portfolio Details: LTV, new originations: weighted average of LTVs. . Calculate Q4 2025 value", "table": "#/tables/0", "expected_row": 5, "got_row": 5, "got_cell": "t0-5-7", "whole_table": false, "not_found": null, "verdict": "MATCH" }, { "set": "A", "doc_key": "e273e835cb26c428", "doc_id": 295, "index": 57, "question": "Find Originations: : Credit spread, new originations (S+). Calculate Q4 2025 value", "table": "#/tables/0", "expected_row": 5, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The question asks for \"Credit spread, new originations (S+)\" for Q4 2025, but this figure does not appear as a distinct row in the table. The table shows individual loan originations with their coupons (which include spreads), but there is no row that specifically calculates or presents an aggregate credit spread measure. The coupon column (t0-0-5) shows spreads like \"+ 2.5%\", \"+ 3.2%\", etc., but these are individual loan spreads, not a calculated Q4 aggregate credit spread figure that would require arithmetic across rows.", "verdict": "DECLINE" }, { "set": "B", "doc_key": "998c8ed06c0be22d", "doc_id": 290, "index": 19, "question": "Find Balance Sheet: : Credit & spread marks. Return Q1 2026 value", "table": "#/tables/55", "expected_row": null, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The question asks for \"Credit & spread marks\" which is not a line item in this CMBS B-Piece Investments financing table. This table shows financing agreements with facility sizes, outstanding principal, and available borrowings, but does not contain credit and spread mark information.", "verdict": "DECLINE" }, { "set": "B", "doc_key": "998c8ed06c0be22d", "doc_id": 290, "index": 27, "question": "Find CECL (Current Expected Credit Losses): : Specific CECL Reserve (millions) (Specific CECL Reserve (no split disclosed by KREF)). Return Q1 2026 value", "table": "#/tables/13", "expected_row": null, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The table shows allowance for credit losses activity but does not separately disclose a \"Specific CECL Reserve\" line item. The provision for credit losses is shown in row 2, but this represents the net provision activity for the period, not a specific CECL reserve balance. A specific reserve balance would typically appear as a separate line item in the table, which is not present here.", "verdict": "DECLINE" }, { "set": "B", "doc_key": "998c8ed06c0be22d", "doc_id": 290, "index": 31, "question": "Find Portfolio Details: : Preferred equity (millions). Return Q1 2026 value", "table": "#/tables/2", "expected_row": null, "got_row": 27, "got_cell": "t2-27-1", "whole_table": false, "not_found": null, "verdict": "NAMED_A_ROW" }, { "set": "B", "doc_key": "998c8ed06c0be22d", "doc_id": 290, "index": 35, "question": "Find Portfolio Details: : Senior loans (%) (Core Portfolio Composition: Senior %). Return Q1 2026 value", "table": "#/tables/53", "expected_row": null, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The question asks for \"Senior loans (%)\" as part of \"Core Portfolio Composition\" for Q1 2026, which would be a percentage breakdown of the portfolio. This table shows individual senior loan details and totals, but does not contain a \"Core Portfolio Composition\" section or percentage allocation data. The table provides committed/outstanding principal amounts and net equity figures, but not the portfolio composition percentages requested.", "verdict": "DECLINE" }, { "set": "B", "doc_key": "998c8ed06c0be22d", "doc_id": 290, "index": 39, "question": "Find Portfolio Details: Credit spread (S+) (Weighted Average of Senior and Mezzanine). Calculate Q1 2026 value", "table": "#/tables/53", "expected_row": null, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The question asks for a calculated Q1 2026 value of credit spread (S+) weighted average for Senior and Mezzanine loans. This would require: (1) identifying mezzanine loans in the table (none are explicitly shown - only Senior Loans are detailed), (2) calculating a weighted average across multiple rows, and (3) projecting or calculating a Q1 2026 value. No single row contains this figure, and the calculation would require arithmetic across rows and potentially data not present in this table.", "verdict": "DECLINE" }, { "set": "B", "doc_key": "998c8ed06c0be22d", "doc_id": 290, "index": 54, "question": "Find Originations: : Fundings of pre-existing originations (Portfolio Bullet: Funded for Existing Loans). Return Q1 2026 value", "table": "#/tables/50", "expected_row": null, "got_row": 2, "got_cell": "t50-2-1", "whole_table": false, "not_found": null, "verdict": "NAMED_A_ROW" }, { "set": "B", "doc_key": "998c8ed06c0be22d", "doc_id": 290, "index": 57, "question": "Find Originations: : Credit spread, new originations (S+). Calculate Q1 2026 value", "table": "#/tables/50", "expected_row": null, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The question asks for \"Credit spread, new originations (S+)\" which is not a line item in this table. The table shows \"Loan originations\" but does not break down originations by credit spread or provide a \"Credit spread, new originations (S+)\" metric. This appears to be a different measure or metric not present in the quarterly loan activity table provided.", "verdict": "DECLINE" }, { "set": "B", "doc_key": "998c8ed06c0be22d", "doc_id": 290, "index": 74, "question": "Find Portfolio Details: Commercial Real Estate Loans \u2014 Geographic data : FL (Florida) (Geography: % of Principal) (% value) (Concentration of Credit Risk). Return Q1 2026 value", "table": "#/tables/30", "expected_row": null, "got_row": 6, "got_cell": "t30-6-1", "whole_table": false, "not_found": null, "verdict": "NAMED_A_ROW" }, { "set": "B", "doc_key": "998c8ed06c0be22d", "doc_id": 290, "index": 76, "question": "Find Portfolio Details: Commercial Real Estate Loans \u2014 Geographic data : NC (North Carolina) (Geography: % of Principal) (% value) (Concentration of Credit Risk). Return Q1 2026 value", "table": "#/tables/30", "expected_row": null, "got_row": 7, "got_cell": "t30-7-1", "whole_table": false, "not_found": null, "verdict": "NAMED_A_ROW" }, { "set": "B", "doc_key": "998c8ed06c0be22d", "doc_id": 290, "index": 79, "question": "Find Portfolio Details: Commercial Real Estate Loans \u2014 Geographic data : PA (Pennsylvania) (Geography: % of Principal) (% value) (Concentration of Credit Risk). Return Q1 2026 value", "table": "#/tables/54", "expected_row": null, "got_row": null, "got_cell": "", "whole_table": false, "not_found": "The table provided shows \"Loan Portfolio by Risk Rating\" with data categorized by risk ratings (1-5) and totals. It does not contain geographic breakdown data for Pennsylvania (PA) or any geographic concentration of credit risk information. The question asks for geographic data (PA concentration), which is not present in this table.", "verdict": "DECLINE" }, { "set": "B", "doc_key": "998c8ed06c0be22d", "doc_id": 290, "index": 90, "question": "Find Portfolio Details: Commercial Real Estate Loans \u2014 Geographic data : UK (Geography: % of Principal) (% value) (Concentration of Credit Risk). Return Q1 2026 value", "table": "#/tables/52", "expected_row": null, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The table shows individual senior loans with their details, but does not contain aggregated geographic concentration data or percentages of principal by geography. The question asks for UK geographic concentration as a percentage of total principal, which would require summing multiple rows and calculating a percentage. This is arithmetic across rows that is not presented as a single row in the table.", "verdict": "DECLINE" }, { "set": "B", "doc_key": "7b3e369dc5223e3c", "doc_id": 294, "index": 9, "question": "Find Balance Sheet: : Real estate debt (millions). Return Q4 2025 value", "table": "#/tables/1", "expected_row": null, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The table does not contain a line item labeled \"Real estate debt.\" The table shows real estate-related items such as \"Commercial real estate loans, net\" and \"Real estate assets,\" but no specific \"Real estate debt\" line. This would require arithmetic across multiple rows to calculate, which is outside the scope of identifying a single row.", "verdict": "DECLINE" }, { "set": "B", "doc_key": "7b3e369dc5223e3c", "doc_id": 294, "index": 14, "question": "Find Balance Sheet: : Preferred equity (millions). Return Q4 2025 value", "table": "#/tables/15", "expected_row": null, "got_row": 30, "got_cell": "t15-30-1", "whole_table": false, "not_found": null, "verdict": "NAMED_A_ROW" }, { "set": "B", "doc_key": "7b3e369dc5223e3c", "doc_id": 294, "index": 19, "question": "Find Balance Sheet: : Credit & spread marks. Return Q4 2025 value", "table": "#/tables/11", "expected_row": null, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The question asks for \"Credit & spread marks\" with a \"Q4 2025 value\", but this table shows financing facilities and their characteristics (capacity, outstanding principal, coupons, advance rates, and Non-MTM status). There is no row containing credit and spread marks data, nor any Q4 2025 specific values. This appears to be a different section of the financial document than what is needed to answer the question.", "verdict": "DECLINE" }, { "set": "B", "doc_key": "7b3e369dc5223e3c", "doc_id": 294, "index": 24, "question": "Find CECL (Current Expected Credit Losses): : Securities Subject to CECL (millions). Return Q4 2025 value", "table": "#/tables/15", "expected_row": null, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The table provided is a Consolidated Balance Sheet and does not contain information about \"Securities Subject to CECL\" or CECL-related disclosures. The question asks for a specific metric that would typically appear in a separate CECL or credit losses disclosure table, not in this balance sheet. The only credit loss-related line item in this table is \"Allowance for credit losses\" (row 4), which relates to commercial real estate loans, not securities subject to CECL.", "verdict": "DECLINE" }, { "set": "B", "doc_key": "7b3e369dc5223e3c", "doc_id": 294, "index": 25, "question": "Find CECL (Current Expected Credit Losses): : Unfunded General Reserve (millions). Return Q4 2025 value", "table": "#/tables/15", "expected_row": null, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The table provided is a Consolidated Balance Sheet and does not contain a line item for \"CECL (Current Expected Credit Losses): Unfunded General Reserve.\" This metric would typically appear in a separate disclosure note or schedule related to credit loss allowances, not in the balance sheet itself. The balance sheet shows \"Allowance for credit losses\" but not the specific breakdown of unfunded general reserves.", "verdict": "DECLINE" }, { "set": "B", "doc_key": "7b3e369dc5223e3c", "doc_id": 294, "index": 27, "question": "Find CECL (Current Expected Credit Losses): : Specific CECL Reserve (millions) (Specific CECL Reserve (no split disclosed by KREF)). Return Q4 2025 value", "table": "#/tables/1", "expected_row": null, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The specific CECL reserve figure is not presented as a separate line item in this balance sheet table. While footnote (4) mentions that book value per share includes a CECL allowance of $204 million, this aggregate figure is not broken down into a specific reserve line, and the question asks for a specific CECL reserve that is not separately disclosed in the table.", "verdict": "DECLINE" }, { "set": "B", "doc_key": "7b3e369dc5223e3c", "doc_id": 294, "index": 29, "question": "Find Portfolio Details: : First mortgages, UPB (Unpaid Principal Balance) (millions) ($ value) (Note 3. Commercial Real Estate Loans). Return Q4 2025 value", "table": "#/tables/14", "expected_row": null, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The question asks for \"First mortgages, UPB (Unpaid Principal Balance)\" from \"Note 3. Commercial Real Estate Loans\" for Q4 2025. However, this table is titled \"4Q'25 Portfolio Details\" and does not contain a line item specifically labeled \"First mortgages\" or \"Commercial Real Estate Loans\" as a distinct category. The table shows \"Senior Loans\" (which may be analogous to first mortgages), but the question references a specific note (Note 3) from a different section of the financial document that is not provided in this table. The requested figure cannot be located in the table provided.", "verdict": "DECLINE" }, { "set": "B", "doc_key": "7b3e369dc5223e3c", "doc_id": 294, "index": 37, "question": "Find Portfolio Details: : # of loans. Return Q4 2025 value", "table": "#/tables/13", "expected_row": null, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The table shows individual loan details (rows 9-58 contain 50 loans numbered 1-50), but does not contain a summary row showing the total number of loans. The question asks for \"# of loans\" as a single figure, which would require counting or summing across rows, or finding a totals row that is not present in this table.", "verdict": "DECLINE" }, { "set": "B", "doc_key": "7b3e369dc5223e3c", "doc_id": 294, "index": 41, "question": "Find Portfolio Details: Commercial Real Estate Loans: Concentration of Credit Risk, Collateral Property Type: Multifamily (% of Principal). Return Q4 2025 value", "table": "#/tables/14", "expected_row": null, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The table shows 4Q'25 Portfolio Details with individual investments and their characteristics, but does not contain a \"Concentration of Credit Risk\" analysis or a breakdown showing Multifamily as a percentage of total principal. The question asks for a concentration/risk analysis metric that is not presented in this portfolio details table.", "verdict": "DECLINE" }, { "set": "B", "doc_key": "7b3e369dc5223e3c", "doc_id": 294, "index": 56, "question": "Find Portfolio Details: LTV, new originations: weighted average of LTVs. . Calculate Q4 2025 value", "table": "#/tables/14", "expected_row": null, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The question asks to \"Calculate Q4 2025 value\" for weighted average LTV of new originations. This requires identifying which investments are \"new originations\" in Q4 2025 and then calculating a weighted average across those rows. This is arithmetic across multiple rows and requires judgment about which investments qualify as \"new originations\" in that period. No single row contains a pre-calculated figure for this specific calculation.", "verdict": "DECLINE" }, { "set": "B", "doc_key": "7b3e369dc5223e3c", "doc_id": 294, "index": 57, "question": "Find Originations: : Credit spread, new originations (S+). Calculate Q4 2025 value", "table": "#/tables/12", "expected_row": null, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The question asks for \"Credit spread, new originations (S+)\" for Q4 2025, but this table shows \"Financing Overview: Term Credit Facilities\" with weighted average pricing spreads for existing facilities by counterparty. The table does not contain information about new originations or Q4 2025 specific data. This is a different measure than what is shown in this table.", "verdict": "DECLINE" }, { "set": "B", "doc_key": "7b3e369dc5223e3c", "doc_id": 294, "index": 58, "question": "Find Loan Ratings:1-rated ($ Value), Outstanding Principal. Return Q4 2025 value", "table": "#/tables/14", "expected_row": null, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The table does not contain a separate row for 1-rated loans. The Risk Rating column (column 13) shows individual loan ratings, but there is no aggregated row that isolates only 1-rated loans with their outstanding principal value. To obtain this figure would require filtering and summing across multiple rows, which is arithmetic across rows.", "verdict": "DECLINE" }, { "set": "B", "doc_key": "7b3e369dc5223e3c", "doc_id": 294, "index": 59, "question": "Find Loan Ratings:2-rated ($ Value), Outstanding Principal. Return Q4 2025 value", "table": "#/tables/14", "expected_row": null, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The table does not contain a breakdown of loans by risk rating (2-rated loans specifically). The \"Risk Rating\" column shows individual ratings for specific loans, but there is no row that aggregates or totals the outstanding principal for only 2-rated loans. To answer this question would require filtering and summing across multiple rows based on their risk ratings, which constitutes arithmetic across rows.", "verdict": "DECLINE" }, { "set": "B", "doc_key": "7b3e369dc5223e3c", "doc_id": 294, "index": 60, "question": "Find Loan Ratings:3-rated ($ Value), Outstanding Principal. Return Q4 2025 value", "table": "#/tables/14", "expected_row": null, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The question asks for a filtered/aggregated figure (3-rated loans' outstanding principal), which would require arithmetic across multiple rows. The table shows individual loan ratings in the Risk Rating column, but there is no single row that presents the aggregated outstanding principal for only the 3-rated loans. This would require summing rows 2, 3, 4 (Senior Loans with rating 3) and potentially other 3-rated investments across different sections.", "verdict": "DECLINE" }, { "set": "B", "doc_key": "7b3e369dc5223e3c", "doc_id": 294, "index": 61, "question": "Find Loan Ratings:4-rated ($ Value), Outstanding Principal. Return Q4 2025 value", "table": "#/tables/14", "expected_row": null, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The table does not contain a separate row for 4-rated loans with their outstanding principal value. Risk ratings are shown in the rightmost column (Risk Rating), but there is no aggregated row that isolates 4-rated loans' outstanding principal amount. The individual loans shown have risk ratings of 3, 3.2 (weighted average), or are blank, but no 4-rated loans are listed in this portfolio detail table.", "verdict": "DECLINE" }, { "set": "B", "doc_key": "7b3e369dc5223e3c", "doc_id": 294, "index": 62, "question": "Find Loan Ratings:5-rated ($ Value), Outstanding Principal. Return Q4 2025 value", "table": "#/tables/13", "expected_row": null, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The question asks for a sum of Outstanding Principal amounts for all loans with a Risk Rating of 5. This requires arithmetic across multiple rows (rows 14, 17, 23, and 24 all have Risk Rating = 5 in column 14). Per the rules, I cannot provide a row when the figure would need arithmetic across rows.", "verdict": "DECLINE" }, { "set": "B", "doc_key": "7b3e369dc5223e3c", "doc_id": 294, "index": 63, "question": "Find Commercial Real Estate Loans \u2014 Vintage: 2026 ($ value) (Loan Vintage). Return Q4 2025 value", "table": "#/tables/14", "expected_row": null, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The table does not contain a row for \"Commercial Real Estate Loans \u2014 Vintage: 2026\". The table shows portfolio details organized by investment type (Senior Loans, Real Estate Assets, CMBS Investments, Other Investments) with individual investments and their details, but does not include a vintage-year breakdown or a specific row for 2026 vintage loans.", "verdict": "DECLINE" }, { "set": "B", "doc_key": "7b3e369dc5223e3c", "doc_id": 294, "index": 64, "question": "Find Commercial Real Estate Loans \u2014 Vintage: 2025 ($ value) (Loan Vintage). Return Q4 2025 value", "table": "#/tables/14", "expected_row": null, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The table does not contain a row specifically labeled \"Commercial Real Estate Loans \u2014 Vintage: 2025\" or a breakdown of loans by vintage year. The table shows individual investments with their investment dates, but does not aggregate or summarize loans by vintage year (2025 or otherwise). To answer this question would require calculating or aggregating data across multiple rows based on investment dates, which goes beyond identifying a single row that holds the figure.", "verdict": "DECLINE" }, { "set": "B", "doc_key": "7b3e369dc5223e3c", "doc_id": 294, "index": 65, "question": "Find Commercial Real Estate Loans \u2014 Vintage: 2024 ($ value) (Loan Vintage). Return Q4 2025 value", "table": "#/tables/14", "expected_row": null, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The table does not contain a row specifically labeled \"Commercial Real Estate Loans \u2014 Vintage: 2024\" or any breakdown of loans by vintage year. The table shows individual investments organized by category (Senior Loans, Real Estate Assets, CMBS Investments, Other Investments) with investment dates, but does not aggregate or filter loans by vintage year 2024. To answer this question would require identifying and summing multiple rows based on their investment dates, which requires arithmetic across rows.", "verdict": "DECLINE" }, { "set": "B", "doc_key": "7b3e369dc5223e3c", "doc_id": 294, "index": 66, "question": "Find Commercial Real Estate Loans \u2014 Vintage: 2023 ($ value) (Loan Vintage). Return Q4 2025 value", "table": "#/tables/14", "expected_row": null, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The table does not contain a breakdown of Commercial Real Estate Loans by vintage year (2023). The table shows individual loan details with investment dates, but does not provide aggregated figures organized by loan vintage/origination year. To answer this question, arithmetic across multiple rows would be required to identify and sum all loans originated in 2023.", "verdict": "DECLINE" }, { "set": "B", "doc_key": "7b3e369dc5223e3c", "doc_id": 294, "index": 67, "question": "Find Commercial Real Estate Loans \u2014 Vintage: 2022 ($ value) (Loan Vintage). Return Q4 2025 value", "table": "#/tables/13", "expected_row": null, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The table shows individual senior loan details with origination dates, but does not contain an aggregated row for \"Commercial Real Estate Loans \u2014 Vintage: 2022\" or any vintage-year summary rows. The question asks for a loan vintage aggregate figure that would require summing multiple rows, which is outside the scope of identifying a single row that holds the figure.", "verdict": "DECLINE" }, { "set": "B", "doc_key": "7b3e369dc5223e3c", "doc_id": 294, "index": 68, "question": "Find Commercial Real Estate Loans \u2014 Vintage: 2021/Pre-2022 ($ value) (Loan Vintage). Return Q4 2025 value", "table": "#/tables/13", "expected_row": null, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The table shows individual senior loan details with origination dates, but does not contain an aggregated row for \"Commercial Real Estate Loans \u2014 Vintage: 2021/Pre-2022\" or any summary row that groups loans by vintage year. The question asks for a specific vintage cohort total, which would require aggregating multiple rows by origination date, not identifying a single row in this detailed portfolio table.", "verdict": "DECLINE" }, { "set": "B", "doc_key": "7b3e369dc5223e3c", "doc_id": 294, "index": 69, "question": "Find Commercial Real Estate Loans \u2014 Vintage: 2020/Pre-2021 (Loan Vintage). Return Q4 2025 value", "table": "#/tables/13", "expected_row": null, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The table shows individual senior loan details with origination dates, but does not contain an aggregated row for \"Commercial Real Estate Loans \u2014 Vintage: 2020/Pre-2021\" or any summary row that groups loans by vintage year. The question asks for a specific vintage cohort summary that is not present in this portfolio details table.", "verdict": "DECLINE" }, { "set": "B", "doc_key": "7b3e369dc5223e3c", "doc_id": 294, "index": 81, "question": "Find Portfolio Details: Commercial Real Estate Loans \u2014 Geographic data : MN (Minnesota) (Geography: % of Principal) (% value) (Concentration of Credit Risk). Return Q4 2025 value", "table": "#/tables/13", "expected_row": null, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The question asks for geographic concentration data (MN % of Principal) from a \"Portfolio Details: Commercial Real Estate Loans\" summary table, but this table shows individual loan details for Senior Loans. The requested figure would require aggregating/summing data across multiple rows (all loans in Minnesota) or would appear in a separate summary/concentration table that is not present in this provided table. This is not a single row item.", "verdict": "DECLINE" }, { "set": "B", "doc_key": "7b3e369dc5223e3c", "doc_id": 294, "index": 90, "question": "Find Portfolio Details: Commercial Real Estate Loans \u2014 Geographic data : UK (Geography: % of Principal) (% value) (Concentration of Credit Risk). Return Q4 2025 value", "table": "#/tables/13", "expected_row": null, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The table shows individual senior loan details with geographic locations and risk ratings, but does not contain aggregated geographic concentration data (% of Principal by geography). The question asks for UK geographic concentration as a percentage of total principal, which would require summing across multiple rows. This is arithmetic across rows and is not presented as a single row in the table.", "verdict": "DECLINE" }, { "set": "B", "doc_key": "91c27397e36f1cd5", "doc_id": 292, "index": 6, "question": "Find Balance Sheet: : Shares outstanding (millions). Return Q1 2026 value", "table": "#/tables/2", "expected_row": null, "got_row": 12, "got_cell": "t2-12-1", "whole_table": false, "not_found": null, "verdict": "NAMED_A_ROW" }, { "set": "B", "doc_key": "91c27397e36f1cd5", "doc_id": 292, "index": 9, "question": "Find Balance Sheet: : Real estate debt (millions). Return Q1 2026 value", "table": "#/tables/1", "expected_row": null, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The question asks for \"Real estate debt\" but this table shows a portfolio summary of investments and loans as of Q1 2026. The \"Real Estate Assets\" row (row 2) represents the carrying value of real estate owned and equity method investments, not debt. Real estate debt would typically appear on a balance sheet liability section, not in this investment portfolio summary. This table does not contain a line item for real estate debt.", "verdict": "DECLINE" }, { "set": "B", "doc_key": "91c27397e36f1cd5", "doc_id": 292, "index": 11, "question": "Find Balance Sheet: : Term loans (millions). Return Q1 2026 value", "table": "#/tables/1", "expected_row": null, "got_row": null, "got_cell": "", "whole_table": false, "not_found": "The question asks for \"Term loans\" but this table shows \"Senior Loans\" which is a different classification. While Senior Loans may include term loans as a component, the table does not separately break out term loans as a distinct line item. The table presents Senior Loans as the primary loan category, not term loans specifically.", "verdict": "DECLINE" }, { "set": "B", "doc_key": "91c27397e36f1cd5", "doc_id": 292, "index": 34, "question": "Find Portfolio Details: : Other earning assets (Equity Method Investments: CMBS B-Pieces + Unconsolidated Entity). Return Q1 2026 value", "table": "#/tables/1", "expected_row": null, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The question asks for \"Other earning assets (Equity Method Investments: CMBS B-Pieces + Unconsolidated Entity)\" which would require combining components from multiple rows or identifying a specific sub-category. The table provided shows \"Other Investments\" as a line item, but this does not specifically break down equity method investments, CMBS B-Pieces, or unconsolidated entities separately. The figure requested would require either arithmetic across rows or identification of a specific component that is not explicitly labeled as such in this table.", "verdict": "DECLINE" }, { "set": "B", "doc_key": "91c27397e36f1cd5", "doc_id": 292, "index": 35, "question": "Find Portfolio Details: : Senior loans (%) (Core Portfolio Composition: Senior %). Return Q1 2026 value", "table": "#/tables/1", "expected_row": null, "got_row": 1, "got_cell": "t1-1-0", "whole_table": false, "not_found": null, "verdict": "NAMED_A_ROW" }, { "set": "B", "doc_key": "91c27397e36f1cd5", "doc_id": 292, "index": 37, "question": "Find Portfolio Details: : # of loans. Return Q1 2026 value", "table": "#/tables/1", "expected_row": null, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The table does not contain a row showing the number of loans. The table provides portfolio summary information with committed principal amounts, outstanding principal amounts, carrying values, net equity, maximum remaining terms, and weighted average LTV, but does not include a count or number of loans.", "verdict": "DECLINE" }, { "set": "B", "doc_key": "91c27397e36f1cd5", "doc_id": 292, "index": 63, "question": "Find Commercial Real Estate Loans \u2014 Vintage: 2026 ($ value) (Loan Vintage). Return Q1 2026 value", "table": "#/tables/1", "expected_row": null, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The table provided is a Portfolio Summary as of March 31, 2026, showing investment categories and their financial metrics. It does not contain a breakdown by loan vintage (origination year). The question asks for \"Commercial Real Estate Loans \u2014 Vintage: 2026\" which would require a separate vintage analysis table that is not present in this document. This table shows portfolio composition by investment type (Senior Loans, Real Estate Assets, CMBS Investments, Other Investments) but not by origination vintage.", "verdict": "DECLINE" }, { "set": "B", "doc_key": "91c27397e36f1cd5", "doc_id": 292, "index": 64, "question": "Find Commercial Real Estate Loans \u2014 Vintage: 2025 ($ value) (Loan Vintage). Return Q1 2026 value", "table": "#/tables/1", "expected_row": null, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The table provided is a Portfolio Summary as of March 31, 2026, showing aggregate investment categories (Senior Loans, Real Estate Assets, CMBS Investments, Other Investments) and totals. It does not contain a breakdown by loan vintage (e.g., 2025 vintage loans). The question asks for Commercial Real Estate Loans with a specific vintage year (2025), which would require a different table that segments loans by origination year. This table does not provide that level of detail.", "verdict": "DECLINE" }, { "set": "B", "doc_key": "705c9a88ad5d2694", "doc_id": 291, "index": 9, "question": "Find Balance Sheet: : Real estate debt (millions). Return Q1 2026 value", "table": "#/tables/1", "expected_row": null, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The question asks for \"Real estate debt\" but this specific line item does not appear in the table. The table contains \"Real estate assets\" (row 2) and various debt/liability items like \"Secured financing agreements,\" \"Collateralized loan obligations,\" and \"Secured term loan,\" but no line specifically labeled \"Real estate debt.\"", "verdict": "DECLINE" }, { "set": "B", "doc_key": "705c9a88ad5d2694", "doc_id": 291, "index": 14, "question": "Find Balance Sheet: : Preferred equity (millions). Return Q1 2026 value", "table": "#/tables/17", "expected_row": null, "got_row": 27, "got_cell": "t17-27-1", "whole_table": false, "not_found": null, "verdict": "NAMED_A_ROW" }, { "set": "B", "doc_key": "705c9a88ad5d2694", "doc_id": 291, "index": 19, "question": "Find Balance Sheet: : Credit & spread marks. Return Q1 2026 value", "table": "#/tables/13", "expected_row": null, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The question asks for \"Balance Sheet: Credit & spread marks\" with a \"Q1 2026 value\", but this table shows a Summary of Outstanding Financing with current financing details and weighted average coupons. There is no Balance Sheet data, no credit & spread marks column, and no Q1 2026 time period data in this table. The table does not contain the requested figure.", "verdict": "DECLINE" }, { "set": "B", "doc_key": "705c9a88ad5d2694", "doc_id": 291, "index": 23, "question": "Find Unfunded Commitments (millions) (Contractual Obligations: Future Funding Obligations + Equity Method Investment, CMBS B-Pieces). Return Q1 2026 value", "table": "#/tables/16", "expected_row": null, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The table does not contain a row labeled \"Unfunded Commitments\" or a row that explicitly shows the calculation of Future Funding Obligations + Equity Method Investment CMBS B-Pieces. The question asks for a specific derived figure that would require arithmetic across multiple rows (subtracting Outstanding Principal from Committed Principal for relevant categories), which cannot be answered by identifying a single row in this table.", "verdict": "DECLINE" }, { "set": "B", "doc_key": "705c9a88ad5d2694", "doc_id": 291, "index": 24, "question": "Find CECL (Current Expected Credit Losses): : Securities Subject to CECL (millions). Return Q1 2026 value", "table": "#/tables/1", "expected_row": null, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The CECL allowance figure is mentioned in footnote (3) as $260 million, but this is not a separate row in the balance sheet table. The question asks for \"Securities Subject to CECL\" which is not a line item in this table. The $260 million CECL allowance is disclosed in the footnote as a component of Book Value per Share calculation, not as a standalone balance sheet line item.", "verdict": "DECLINE" }, { "set": "B", "doc_key": "705c9a88ad5d2694", "doc_id": 291, "index": 25, "question": "Find CECL (Current Expected Credit Losses): : Unfunded General Reserve (millions). Return Q1 2026 value", "table": "#/tables/17", "expected_row": null, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The table does not contain a line item for \"CECL (Current Expected Credit Losses): Unfunded General Reserve\". The table shows \"Allowance for credit losses\" related to commercial real estate loans, but this is not the same as an unfunded general reserve. The requested figure is not present in this consolidated balance sheet.", "verdict": "DECLINE" }, { "set": "B", "doc_key": "705c9a88ad5d2694", "doc_id": 291, "index": 26, "question": "Find CECL (Current Expected Credit Losses): : Securities General Reserve (millions). Return Q1 2026 value", "table": "#/tables/1", "expected_row": null, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The CECL (Current Expected Credit Losses) Securities General Reserve is not presented as a separate line item in this balance sheet table. While footnote (3) mentions a CECL allowance of $260 million in the context of Book Value per Share calculation, there is no distinct row labeled \"CECL Securities General Reserve\" or similar in the table itself.", "verdict": "DECLINE" }, { "set": "B", "doc_key": "705c9a88ad5d2694", "doc_id": 291, "index": 27, "question": "Find CECL (Current Expected Credit Losses): : Specific CECL Reserve (millions) (Specific CECL Reserve (no split disclosed by KREF)). Return Q1 2026 value", "table": "#/tables/17", "expected_row": null, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The table does not contain a specific line item for \"CECL (Current Expected Credit Losses): Specific CECL Reserve.\" The table shows \"Allowance for credit losses\" in row 4, which is the closest related item, but this is a general allowance for credit losses, not a specific CECL reserve breakdown. The question asks for a specific CECL reserve figure that is not separately disclosed in this consolidated balance sheet.", "verdict": "DECLINE" }, { "set": "B", "doc_key": "705c9a88ad5d2694", "doc_id": 291, "index": 29, "question": "Find Portfolio Details: : First mortgages, UPB (Unpaid Principal Balance) (millions) ($ value) (Note 3. Commercial Real Estate Loans). Return Q1 2026 value", "table": "#/tables/16", "expected_row": null, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The question asks for \"First mortgages, UPB\" from Note 3 on Commercial Real Estate Loans, but this table is titled \"1Q'26 Portfolio Details\" and does not contain a specific line item labeled \"First mortgages\" or \"UPB (Unpaid Principal Balance)\" as a distinct row. The table shows \"Senior Loans\" (which may be equivalent to first mortgages) with \"Outstanding Principal / Investment Amount\" in column 7, but the question specifically references Note 3 which is not presented in this table. The table structure does not match the specific reporting format requested in the question.", "verdict": "DECLINE" }, { "set": "B", "doc_key": "705c9a88ad5d2694", "doc_id": 291, "index": 31, "question": "Find Portfolio Details: : Preferred equity (millions). Return Q1 2026 value", "table": "#/tables/16", "expected_row": null, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "Preferred equity is not a line item in this portfolio details table. The table contains Senior Loans, Real Estate Assets, CMBS Investments, and Other Investments, but no separate row for Preferred equity.", "verdict": "DECLINE" }, { "set": "B", "doc_key": "705c9a88ad5d2694", "doc_id": 291, "index": 34, "question": "Find Portfolio Details: : Other earning assets (Equity Method Investments: CMBS B-Pieces + Unconsolidated Entity). Return Q1 2026 value", "table": "#/tables/16", "expected_row": null, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The question asks for a combined figure across multiple investment types (CMBS B-Pieces + Unconsolidated Entity), which would require arithmetic across different rows. Row 17 contains CMBS B-Pieces ($9.2M), and row 20 contains an Unconsolidated Entity/Equity Method Investment ($14.9M). These are separate line items that would need to be added together, which violates the rule against arithmetic across rows.", "verdict": "DECLINE" }, { "set": "B", "doc_key": "705c9a88ad5d2694", "doc_id": 291, "index": 35, "question": "Find Portfolio Details: : Senior loans (%) (Core Portfolio Composition: Senior %). Return Q1 2026 value", "table": "#/tables/16", "expected_row": null, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The table shows Senior Loans as a category with a total/weighted average row (row 3), but does not contain a percentage composition figure for Senior Loans as a percentage of the total portfolio. The Portfolio Total row (row 22) shows aggregate figures but no breakdown percentages by category. To calculate Senior Loans (%) would require dividing Senior Loans committed principal by Portfolio Total committed principal, which requires arithmetic across rows.", "verdict": "DECLINE" }, { "set": "B", "doc_key": "705c9a88ad5d2694", "doc_id": 291, "index": 39, "question": "Find Portfolio Details: Credit spread (S+) (Weighted Average of Senior and Mezzanine). Calculate Q1 2026 value", "table": "#/tables/16", "expected_row": null, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The table does not contain a row showing \"Credit spread (S+) (Weighted Average of Senior and Mezzanine)\" as a distinct line item. The \"Coupon\" column (which shows spreads over SOFR/SONIA/EURIBOR per footnote 5) is presented by individual investment, not as a separate aggregated metric for Senior and Mezzanine combined. Calculating this would require identifying and summing mezzanine loans separately, which are not clearly delineated as a distinct category in this table.", "verdict": "DECLINE" }, { "set": "B", "doc_key": "705c9a88ad5d2694", "doc_id": 291, "index": 45, "question": "Find Portfolio Details: Commercial Real Estate Loans: Concentration of Credit Risk, Collateral Property Type: Retail (% of Principal). Return Q1 2026 value", "table": "#/tables/16", "expected_row": null, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The table shows a 1Q'26 Portfolio Details breakdown by investment type (Senior Loans, Real Estate Assets, CMBS Investments, Other Investments) but does not contain a separate section or row showing \"Concentration of Credit Risk\" or a breakdown of \"Collateral Property Type: Retail (% of Principal)\". While there is one Retail/Redevelopment property listed (row 8, Portland, OR), the table does not provide a concentration analysis or percentage of principal by property type. This would require data not present in this table.", "verdict": "DECLINE" }, { "set": "B", "doc_key": "705c9a88ad5d2694", "doc_id": 291, "index": 46, "question": "Find Portfolio Details: Commercial Real Estate Loans: Concentration of Credit Risk, Collateral Property Type: Industrial (% of Principal). Return Q1 2026 value", "table": "#/tables/15", "expected_row": null, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The table shows individual loan details with property types listed in column 3 (Property Type), but does not contain a summary row showing the concentration of credit risk by property type or the percentage of principal allocated to Industrial properties. This would require aggregating data across multiple rows, which is outside the scope of identifying a single row that holds the figure.", "verdict": "DECLINE" }, { "set": "B", "doc_key": "705c9a88ad5d2694", "doc_id": 291, "index": 52, "question": "Find Portfolio Details: New originations, gross.. Return Q1 2026 value", "table": "#/tables/15", "expected_row": null, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The table shows a 1Q'26 Portfolio Details listing of individual loans/investments with their characteristics (location, property type, committed amount, outstanding amount, coupon, term, etc.). However, it does not contain a row showing aggregate \"New originations, gross\" for Q1 2026. This would be a summary metric typically found in a different section of the financial document, not in this detailed portfolio line-item table.", "verdict": "DECLINE" }, { "set": "B", "doc_key": "705c9a88ad5d2694", "doc_id": 291, "index": 56, "question": "Find Portfolio Details: LTV, new originations: weighted average of LTVs. . Calculate Q1 2026 value", "table": "#/tables/16", "expected_row": null, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The question asks to \"Calculate Q1 2026 value\" of weighted average LTV for new originations. This requires identifying which investments are \"new originations\" in Q1 2026 and then calculating a weighted average across those rows. This is arithmetic across multiple rows and requires judgment about which investments qualify as \"new originations.\" No single row contains a pre-calculated figure for this specific calculation.", "verdict": "DECLINE" }, { "set": "B", "doc_key": "705c9a88ad5d2694", "doc_id": 291, "index": 57, "question": "Find Originations: : Credit spread, new originations (S+). Calculate Q1 2026 value", "table": "#/tables/2", "expected_row": null, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The table does not contain a row for \"Credit spread, new originations (S+)\". The table is a case study of a specific loan origination showing details like loan type, size, location, collateral, LTV, and investment date, but does not include credit spread information.", "verdict": "DECLINE" }, { "set": "B", "doc_key": "705c9a88ad5d2694", "doc_id": 291, "index": 58, "question": "Find Loan Ratings:1-rated ($ Value), Outstanding Principal. Return Q1 2026 value", "table": "#/tables/8", "expected_row": null, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The question asks for the dollar value ($ Value) of 1-rated loans' outstanding principal for Q1 2026. The table only shows loan counts and percentages by risk rating, not dollar values or outstanding principal amounts. No row contains the requested figure.", "verdict": "DECLINE" }, { "set": "B", "doc_key": "705c9a88ad5d2694", "doc_id": 291, "index": 59, "question": "Find Loan Ratings:2-rated ($ Value), Outstanding Principal. Return Q1 2026 value", "table": "#/tables/8", "expected_row": null, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The question asks for the dollar value ($ Value) of 2-rated loans' outstanding principal for Q1 2026. The table only shows loan counts and percentages by risk rating, not dollar values or outstanding principal amounts. The weighted average risk ratings shown are calculated metrics, not the requested figure. No row contains the dollar value of 2-rated loans.", "verdict": "DECLINE" }, { "set": "B", "doc_key": "705c9a88ad5d2694", "doc_id": 291, "index": 61, "question": "Find Loan Ratings:4-rated ($ Value), Outstanding Principal. Return Q1 2026 value", "table": "#/tables/16", "expected_row": null, "got_row": 2, "got_cell": "t16-2-7", "whole_table": false, "not_found": null, "verdict": "NAMED_A_ROW" }, { "set": "B", "doc_key": "705c9a88ad5d2694", "doc_id": 291, "index": 63, "question": "Find Commercial Real Estate Loans \u2014 Vintage: 2026 ($ value) (Loan Vintage). Return Q1 2026 value", "table": "#/tables/16", "expected_row": null, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The table does not contain a row specifically labeled \"Commercial Real Estate Loans \u2014 Vintage: 2026\" or any aggregated figure for loans originated in 2026. While the table shows individual CMBS investments with 2026 investment dates (rows 14-17), there is no single row that consolidates all 2026-vintage commercial real estate loans. The question asks for a specific vintage-year aggregate that would require summing multiple rows, which falls outside the scope of identifying a single existing row.", "verdict": "DECLINE" }, { "set": "B", "doc_key": "705c9a88ad5d2694", "doc_id": 291, "index": 64, "question": "Find Commercial Real Estate Loans \u2014 Vintage: 2025 ($ value) (Loan Vintage). Return Q1 2026 value", "table": "#/tables/15", "expected_row": null, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The table shows individual loan details with origination dates, but does not contain an aggregated figure for \"Commercial Real Estate Loans \u2014 Vintage: 2025\" as a single row. The question asks for a loan vintage summary that would require aggregating multiple rows (loans originated in 2025), which is arithmetic across rows. No single row in this portfolio details table holds this consolidated figure.", "verdict": "DECLINE" }, { "set": "B", "doc_key": "705c9a88ad5d2694", "doc_id": 291, "index": 65, "question": "Find Commercial Real Estate Loans \u2014 Vintage: 2024 ($ value) (Loan Vintage). Return Q1 2026 value", "table": "#/tables/16", "expected_row": null, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The table does not contain a breakdown of Commercial Real Estate Loans by vintage year (2024). The table shows individual investments with their investment dates, but does not provide aggregated figures organized by loan vintage. To answer this question would require data not present in this portfolio details table.", "verdict": "DECLINE" }, { "set": "B", "doc_key": "705c9a88ad5d2694", "doc_id": 291, "index": 66, "question": "Find Commercial Real Estate Loans \u2014 Vintage: 2023 ($ value) (Loan Vintage). Return Q1 2026 value", "table": "#/tables/16", "expected_row": null, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The table provided is a \"1Q'26 Portfolio Details\" showing individual investments with their investment dates, but it does not contain a summary row or section that aggregates Commercial Real Estate Loans by vintage year (e.g., \"2023 vintage\"). The table shows individual loan details with specific investment dates, but there is no row that specifically isolates or totals loans originated in 2023. To answer this question would require aggregating data across multiple rows based on investment date, which violates the rule against arithmetic across rows.", "verdict": "DECLINE" }, { "set": "B", "doc_key": "705c9a88ad5d2694", "doc_id": 291, "index": 67, "question": "Find Commercial Real Estate Loans \u2014 Vintage: 2022 ($ value) (Loan Vintage). Return Q1 2026 value", "table": "#/tables/15", "expected_row": null, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The table shows individual Senior Loans with their origination dates, but does not contain an aggregated row for \"Commercial Real Estate Loans \u2014 Vintage: 2022\" or any summary row that groups loans by vintage year. To answer this question would require summing multiple rows (all loans originated in 2022), which violates the instruction that figures should not require arithmetic across rows.", "verdict": "DECLINE" }, { "set": "B", "doc_key": "705c9a88ad5d2694", "doc_id": 291, "index": 68, "question": "Find Commercial Real Estate Loans \u2014 Vintage: 2021/Pre-2022 ($ value) (Loan Vintage). Return Q1 2026 value", "table": "#/tables/15", "expected_row": null, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The table shows individual loan details with origination dates, but does not contain an aggregated row for \"Commercial Real Estate Loans \u2014 Vintage: 2021/Pre-2022\" or any summary row that groups loans by vintage year. The question asks for a specific vintage cohort total, which would require arithmetic across multiple rows and is not presented as a single row in this portfolio details table.", "verdict": "DECLINE" }, { "set": "B", "doc_key": "705c9a88ad5d2694", "doc_id": 291, "index": 72, "question": "Find Portfolio Details: Commercial Real Estate Loans \u2014 Geographic data : MA (Massachusetts) (Geography: % of Principal) (% value) (Concentration of Credit Risk). Return Q1 2026 value", "table": "#/tables/15", "expected_row": null, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The table shows individual loan details with geographic locations and risk ratings, but does not contain aggregated geographic concentration data (% of Principal by state). The question asks for a summary statistic showing MA's percentage concentration of total principal, which would require summing across multiple rows. This is not a single row in the table.", "verdict": "DECLINE" }, { "set": "B", "doc_key": "705c9a88ad5d2694", "doc_id": 291, "index": 76, "question": "Find Portfolio Details: Commercial Real Estate Loans \u2014 Geographic data : NC (North Carolina) (Geography: % of Principal) (% value) (Concentration of Credit Risk). Return Q1 2026 value", "table": "#/tables/12", "expected_row": null, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The table shows Real Estate Assets (properties owned), not Commercial Real Estate Loans. While there is a Raleigh, NC property listed, this table does not contain loan portfolio data, geographic concentration percentages, or credit risk concentration metrics. The question asks for Commercial Real Estate Loans geographic data with percentage values and concentration of credit risk, which is not present in this Real Estate Owned assets table.", "verdict": "DECLINE" }, { "set": "B", "doc_key": "705c9a88ad5d2694", "doc_id": 291, "index": 77, "question": "Find Portfolio Details: Commercial Real Estate Loans \u2014 Geographic data : DC (District of Columbia) (Geography: % of Principal) (% value) (Concentration of Credit Risk). Return Q1 2026 value", "table": "#/tables/15", "expected_row": null, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The table shows individual Senior Loans with their details, but does not contain aggregated geographic concentration data by state/region. The question asks for DC's percentage of total principal (geographic concentration), which would require summing multiple rows and calculating a percentage. This is arithmetic across rows that is not presented as a single row in the table.", "verdict": "DECLINE" }, { "set": "B", "doc_key": "705c9a88ad5d2694", "doc_id": 291, "index": 79, "question": "Find Portfolio Details: Commercial Real Estate Loans \u2014 Geographic data : PA (Pennsylvania) (Geography: % of Principal) (% value) (Concentration of Credit Risk). Return Q1 2026 value", "table": "#/tables/15", "expected_row": null, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The table shows individual loan details with geographic locations and risk ratings, but does not contain aggregated geographic concentration data showing PA (Pennsylvania) as a percentage of total principal. The question asks for a summary statistic (% of Principal for PA) that would require aggregating multiple rows, which is not presented as a single row in this table.", "verdict": "DECLINE" }, { "set": "B", "doc_key": "705c9a88ad5d2694", "doc_id": 291, "index": 81, "question": "Find Portfolio Details: Commercial Real Estate Loans \u2014 Geographic data : MN (Minnesota) (Geography: % of Principal) (% value) (Concentration of Credit Risk). Return Q1 2026 value", "table": "#/tables/3", "expected_row": null, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The question asks for \"Q1 2026 value\" for Minnesota's percentage of principal as a concentration of credit risk metric. The table provided shows KREF Office Loan Portfolio Overview with individual loan details and risk-rated totals, but does not contain Q1 2026 data or percentage of principal concentration metrics. The table appears to be a point-in-time snapshot without time-series data or concentration percentages calculated.", "verdict": "DECLINE" }, { "set": "B", "doc_key": "705c9a88ad5d2694", "doc_id": 291, "index": 85, "question": "Find Portfolio Details: Commercial Real Estate Loans \u2014 Geographic data : IL (Illinois) (Geography: % of Principal) (% value) (Concentration of Credit Risk). Return Q1 2026 value", "table": "#/tables/15", "expected_row": null, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The table shows individual loan details with geographic locations, but does not contain aggregated geographic concentration data by state (such as \"IL - Illinois % of Principal\"). The question asks for a summary statistic showing Illinois's percentage concentration of total principal, which would require aggregating multiple loans and is not presented as a single row in this portfolio details table.", "verdict": "DECLINE" }, { "set": "B", "doc_key": "705c9a88ad5d2694", "doc_id": 291, "index": 90, "question": "Find Portfolio Details: Commercial Real Estate Loans \u2014 Geographic data : UK (Geography: % of Principal) (% value) (Concentration of Credit Risk). Return Q1 2026 value", "table": "#/tables/15", "expected_row": null, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The table shows individual loan details with geographic locations and risk ratings, but does not contain aggregated geographic concentration data (% of Principal by geography). The question asks for UK concentration as a percentage of total principal, which would require summing multiple rows and calculating a percentage - this is arithmetic across rows that is not presented as a single row in the table.", "verdict": "DECLINE" }, { "set": "B", "doc_key": "05d219e055142f19", "doc_id": 293, "index": 9, "question": "Find Balance Sheet: : Real estate debt (millions). Return Q4 2025 value", "table": "#/tables/25", "expected_row": null, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The question asks for \"Real estate debt\" which is not a line item explicitly labeled in this consolidated balance sheet. The table contains various debt instruments (Secured financing agreements, Collateralized loan obligations, Secured term loan) but no single row labeled \"Real estate debt.\" Computing a total across multiple debt rows would require arithmetic across rows, which is outside the scope of identifying a single row.", "verdict": "DECLINE" }, { "set": "B", "doc_key": "05d219e055142f19", "doc_id": 293, "index": 24, "question": "Find CECL (Current Expected Credit Losses): : Securities Subject to CECL (millions). Return Q4 2025 value", "table": "#/tables/35", "expected_row": null, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The question asks for \"CECL (Current Expected Credit Losses): Securities Subject to CECL (millions)\" for Q4 2025, but the table provided shows \"Allowance for Credit Losses\" for \"Commercial Real Estate Loans\" and \"Unfunded Loan Commitments\" only. This table does not contain data about securities subject to CECL. The requested figure is not in this table.", "verdict": "DECLINE" }, { "set": "B", "doc_key": "05d219e055142f19", "doc_id": 293, "index": 26, "question": "Find CECL (Current Expected Credit Losses): : Securities General Reserve (millions). Return Q4 2025 value", "table": "#/tables/35", "expected_row": null, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The question asks for \"CECL (Current Expected Credit Losses): Securities General Reserve\" for Q4 2025, but this table only presents allowance for credit losses related to Commercial Real Estate Loans and Unfunded Loan Commitments. There is no row for Securities General Reserve in this table. The table does not contain the requested figure.", "verdict": "DECLINE" }, { "set": "B", "doc_key": "05d219e055142f19", "doc_id": 293, "index": 27, "question": "Find CECL (Current Expected Credit Losses): : Specific CECL Reserve (millions) (Specific CECL Reserve (no split disclosed by KREF)). Return Q4 2025 value", "table": "#/tables/35", "expected_row": null, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The table shows changes to the allowance for credit losses for Commercial Real Estate Loans, but does not contain a specific line item labeled \"CECL Reserve\" or \"Specific CECL Reserve.\" The table presents beginning balances, provisions, write-offs, and ending balances, but does not break out or separately disclose a specific CECL reserve component. The question asks for a specific reserve metric that is not presented as a distinct row in this table.", "verdict": "DECLINE" }, { "set": "B", "doc_key": "05d219e055142f19", "doc_id": 293, "index": 45, "question": "Find Portfolio Details: Commercial Real Estate Loans: Concentration of Credit Risk, Collateral Property Type: Retail (% of Principal). Return Q4 2025 value", "table": "#/tables/37", "expected_row": null, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "Retail property type is not listed in this table. The table shows Multifamily, Office, Industrial, Life Science, Hospitality, Student Housing, Mixed Use, and Self-Storage, but does not include a Retail row.", "verdict": "DECLINE" }, { "set": "B", "doc_key": "05d219e055142f19", "doc_id": 293, "index": 48, "question": "Find Portfolio Details: Commercial Real Estate Loans: Concentration of Credit Risk, Collateral Property Type: Residential (separate from Multifamily) (% of Principal). Return Q4 2025 value", "table": "#/tables/37", "expected_row": null, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The table does not contain a separate \"Residential\" property type row. The table shows \"Multifamily\" as a distinct category, but there is no separate \"Residential\" line item. The question asks for a property type that is not presented separately in this concentration table.", "verdict": "DECLINE" }, { "set": "B", "doc_key": "05d219e055142f19", "doc_id": 293, "index": 51, "question": "Find Portfolio Details: Commercial Real Estate Loans: Concentration of Credit Risk, Collateral Property Type: Other (% of Principal). Return Q4 2025 value", "table": "#/tables/37", "expected_row": null, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The table does not contain a row for \"Other\" collateral property type. The table shows specific property types (Multifamily, Office, Industrial, Life Science, Hospitality, Student Housing, Mixed Use, Self-Storage) and a Total row, but no \"Other\" category is present.", "verdict": "DECLINE" }, { "set": "B", "doc_key": "05d219e055142f19", "doc_id": 293, "index": 54, "question": "Find Originations: : Fundings of pre-existing originations (Portfolio Bullet: Funded for Existing Loans). Return Q4 2025 value", "table": "#/tables/10", "expected_row": null, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The question asks for \"Fundings of pre-existing originations\" which is not a line item in this table. The table shows \"Loan originations\" and \"Loan fundings\" as separate line items, but does not break down fundings by whether they are for new or pre-existing originations. This would require information not presented in this quarterly loan activity table.", "verdict": "DECLINE" }, { "set": "B", "doc_key": "05d219e055142f19", "doc_id": 293, "index": 56, "question": "Find Portfolio Details: LTV, new originations: weighted average of LTVs. . Calculate Q4 2025 value", "table": "#/tables/11", "expected_row": null, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The question asks for \"Q4 2025 value\" of weighted average LTV for new originations, but the table only shows portfolio statistics as of December 31, 2025 (year-end), not quarterly data. Additionally, the table does not distinguish between new originations and the overall portfolio. The weighted average LTV shown is for the total portfolio, not specifically for new originations in Q4 2025.", "verdict": "DECLINE" }, { "set": "B", "doc_key": "05d219e055142f19", "doc_id": 293, "index": 63, "question": "Find Commercial Real Estate Loans \u2014 Vintage: 2026 ($ value) (Loan Vintage). Return Q4 2025 value", "table": "#/tables/33", "expected_row": null, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The table does not contain a 2026 vintage column. The vintage columns shown are: 2025, 2024, 2023, 2022, 2021, and Prior. There is no 2026 data in this table.", "verdict": "DECLINE" }, { "set": "B", "doc_key": "05d219e055142f19", "doc_id": 293, "index": 88, "question": "Find Portfolio Details: Commercial Real Estate Loans \u2014 Geographic data : AL (Alabama) (Geography: % of Principal) (% value) (Concentration of Credit Risk). Return Q4 2025 value", "table": "#/tables/36", "expected_row": null, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "Alabama is not listed as a separate row in this table. The table shows specific states and regions with their percentages, but Alabama is not among them. It would be included in the \"Other U.S.\" category, which is a combined figure, not Alabama-specific data.", "verdict": "DECLINE" }, { "set": "B", "doc_key": "e273e835cb26c428", "doc_id": 295, "index": 6, "question": "Find Balance Sheet: : Shares outstanding (millions). Return Q4 2025 value", "table": "#/tables/2", "expected_row": null, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The table shows \"Diluted weighted average common shares outstanding\" for Q4 2025 (65,442,561 shares), but this is a weighted average for the quarter, not a balance sheet point-in-time shares outstanding figure. Additionally, the question asks for shares in millions, and this table presents the figure in actual shares. The balance sheet shares outstanding as of a specific date (December 31, 2025) is not presented in this reconciliation table.", "verdict": "DECLINE" }, { "set": "B", "doc_key": "e273e835cb26c428", "doc_id": 295, "index": 9, "question": "Find Balance Sheet: : Real estate debt (millions). Return Q4 2025 value", "table": "#/tables/1", "expected_row": null, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The table does not contain a \"Real estate debt\" line item. The table shows \"Real Estate Assets\" (row 2), which represents real estate owned and equity method investments, not debt. Real estate debt would be a liability/borrowing figure, whereas this table presents portfolio investments and their carrying values.", "verdict": "DECLINE" }, { "set": "B", "doc_key": "e273e835cb26c428", "doc_id": 295, "index": 11, "question": "Find Balance Sheet: : Term loans (millions). Return Q4 2025 value", "table": "#/tables/1", "expected_row": null, "got_row": 1, "got_cell": "t1-1-2", "whole_table": false, "not_found": null, "verdict": "NAMED_A_ROW" }, { "set": "B", "doc_key": "e273e835cb26c428", "doc_id": 295, "index": 34, "question": "Find Portfolio Details: : Other earning assets (Equity Method Investments: CMBS B-Pieces + Unconsolidated Entity). Return Q4 2025 value", "table": "#/tables/1", "expected_row": null, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The question asks for \"Other earning assets (Equity Method Investments: CMBS B-Pieces + Unconsolidated Entity)\" which would require combining components from multiple rows or identifying a specific sub-category not explicitly presented as a single row in this table. The table shows \"CMBS Investments\" and \"Other Investments\" as separate line items, but does not break down equity method investments or CMBS B-Pieces as a distinct row. This would require arithmetic across rows or interpretation of components not directly labeled in the table.", "verdict": "DECLINE" }, { "set": "B", "doc_key": "e273e835cb26c428", "doc_id": 295, "index": 35, "question": "Find Portfolio Details: : Senior loans (%) (Core Portfolio Composition: Senior %). Return Q4 2025 value", "table": "#/tables/1", "expected_row": null, "got_row": 1, "got_cell": "t1-1-0", "whole_table": false, "not_found": null, "verdict": "NAMED_A_ROW" }, { "set": "B", "doc_key": "e273e835cb26c428", "doc_id": 295, "index": 37, "question": "Find Portfolio Details: : # of loans. Return Q4 2025 value", "table": "#/tables/0", "expected_row": null, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The question asks for the number of loans in Q4 2025, but the table does not contain a row with a count or total number of loans. The table shows individual loan details and totals for committed principal amounts and initial principal funded, but does not include a row that explicitly states the number of loans.", "verdict": "DECLINE" }, { "set": "B", "doc_key": "e273e835cb26c428", "doc_id": 295, "index": 63, "question": "Find Commercial Real Estate Loans \u2014 Vintage: 2026 ($ value) (Loan Vintage). Return Q4 2025 value", "table": "#/tables/0", "expected_row": null, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The table shows Q4 2025 loan originations with committed principal amounts and initial principal funded, but does not contain a \"Commercial Real Estate Loans \u2014 Vintage: 2026\" line item. The question asks for a specific vintage year classification (2026) that is not present in this originations table. The loans shown were originated in Q4 2025, not classified by a 2026 vintage designation.", "verdict": "DECLINE" }, { "set": "B", "doc_key": "e273e835cb26c428", "doc_id": 295, "index": 64, "question": "Find Commercial Real Estate Loans \u2014 Vintage: 2025 ($ value) (Loan Vintage). Return Q4 2025 value", "table": "#/tables/0", "expected_row": null, "got_row": 5, "got_cell": "t0-5-3", "whole_table": false, "not_found": null, "verdict": "NAMED_A_ROW" }, { "set": "B", "doc_key": "e273e835cb26c428", "doc_id": 295, "index": 65, "question": "Find Commercial Real Estate Loans \u2014 Vintage: 2024 ($ value) (Loan Vintage). Return Q4 2025 value", "table": "#/tables/0", "expected_row": null, "got_row": null, "got_cell": null, "whole_table": false, "not_found": "The table shows Q4 2025 loan originations, not loan vintage data from 2024. The question asks for \"Commercial Real Estate Loans \u2014 Vintage: 2024\" which would be loans originated in 2024, but this table only contains loans originated in Q4 2025 (October-December 2025). No row in this table represents 2024 vintage loans.", "verdict": "DECLINE" } ]