Non-Current Liabilities

Unsecured debt

Franklin BSP Realty Trust Unsecured debt increased by 0.1% to $185.69M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 128.1%, from $81.42M to $185.69M.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalContext dependent
VolatilityStable
First reportedQ4 2020
Last reportedQ1 2026Apr 29, 2026

How to read this metric

Higher levels indicate reliance on corporate credit, which is generally favorable for operational flexibility but requires strong credit ratings.

Detailed definition

This represents debt obligations that are not backed by specific collateral, relying instead on the company's general cr...

Peer comparison

Common for large-cap REITs with strong balance sheets; smaller peers may rely more on secured debt.

Metric ID: non_current_liabilities_unsecured_debt

Historical Data

19 periods
 Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$60.00M$148.59M$98.62M$98.65M$98.67M$98.70M$81.22M$81.25M$81.27M$81.30M$81.32M$81.35M$81.37M$81.40M$81.42M$184.93M$185.26M$185.47M$185.69M
QoQ Change+147.7%-33.6%+0.0%+0.0%+0.0%-17.7%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+127.1%+0.2%+0.1%+0.1%
YoY Change+64.5%-33.6%-17.6%-17.6%-17.6%-17.6%+0.1%+0.1%+0.1%+0.1%+0.1%+127.3%+127.7%+127.9%+128.1%
Range$60.00M$185.69M
CAGR+28.5%
Avg YoY Growth+31.5%
Median YoY Growth+0.1%
Current Streak12 quarters growth

Frequently Asked Questions

What is Franklin BSP Realty Trust's unsecured debt?
Franklin BSP Realty Trust (FBRT) reported unsecured debt of $185.69M in Q1 2026.
How has Franklin BSP Realty Trust's unsecured debt changed year-over-year?
Franklin BSP Realty Trust's unsecured debt increased by 128.1% year-over-year, from $81.42M to $185.69M.
What does unsecured debt mean?
Debt that is not tied to specific property collateral, based on the company's credit reputation.