v3.24.1.u1
Segment Data - Schedule of Consolidated Balance Sheet by Business Segment (Details) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Mar. 31, 2023
Dec. 31, 2022
Assets:        
Cash and cash equivalents $ 327,363 $ 194,660    
Restricted cash 125,341 117,312    
Loans held-for-investment 16,606,862 17,574,249    
Loans held-for-sale 2,689,368 2,645,637    
Investment securities 716,073 735,562    
Properties, net 1,044,565 1,046,384    
Properties held-for-sale, net 0 290,937    
Investments in unconsolidated entities 96,927 90,376    
Goodwill 259,846 259,846    
Intangible assets 63,267 64,967    
Derivative assets 82,916 63,437    
Accrued interest receivable 194,498 200,867    
Other assets 319,853 420,773    
VIE assets, at fair value 41,633,853 43,786,356    
Total Assets 66,169,669 69,504,196    
Liabilities:        
Dividends payable 153,174 152,888    
Derivative liabilities 74,647 102,467    
Secured financing agreements, net 12,556,487 13,867,996    
Collateralized loan obligations and single asset securitization, net 3,223,867 3,491,292    
Unsecured senior notes, net 2,751,666 2,158,888    
Debt related to properties held for sale 0 193,691    
VIE liabilities, at fair value 40,065,423 42,175,734    
Total Liabilities 59,129,488 62,481,214    
Temporary Equity: Redeemable non-controlling interests 415,485 414,348    
Starwood Property Trust, Inc. Stockholders’ Equity:        
Common stock 3,234 3,208    
Additional paid-in capital 5,885,852 5,864,670    
Treasury stock (138,022) (138,022)    
Retained earnings (accumulated deficit) 507,622 505,881    
Accumulated other comprehensive income 14,061 15,352    
Total Starwood Property Trust, Inc. Stockholders’ Equity 6,272,747 6,251,089    
Non-controlling interests in consolidated subsidiaries 351,949 357,545    
Total Permanent Equity 6,624,696 6,608,634 $ 6,752,473 $ 6,835,917
Total Liabilities and Equity 66,169,669 69,504,196    
Nonrelated Party        
Liabilities:        
Accounts payable, accrued expenses and other liabilities 259,998 293,442    
Related Party        
Liabilities:        
Accounts payable, accrued expenses and other liabilities 44,226 44,816    
Primary Beneficiary        
Assets:        
Investments of consolidated affordable housing fund 2,008,937 2,012,833    
Total Assets 48,000      
Liabilities:        
Total Liabilities 10,200      
Infrastructure Lending Segment        
Assets:        
Goodwill 119,400 119,400    
Investing and Servicing Segment        
Assets:        
Goodwill 140,400 140,400    
Subtotal        
Assets:        
Cash and cash equivalents 327,363 194,660    
Restricted cash 125,341 117,312    
Loans held-for-investment 16,606,862 17,574,249    
Loans held-for-sale 2,689,368 2,645,637    
Investment securities 2,256,227 2,314,421    
Properties, net 1,044,565 1,046,384    
Properties held-for-sale, net   290,937    
Investments in unconsolidated entities 111,543 104,976    
Goodwill 259,846 259,846    
Intangible assets 97,522 102,832    
Derivative assets 82,916 63,437    
Accrued interest receivable 194,498 200,867    
Other assets 319,853 420,773    
VIE assets, at fair value 0 0    
Total Assets 26,124,841 27,349,164    
Liabilities:        
Dividends payable 153,174 152,888    
Derivative liabilities 74,647 102,467    
Secured financing agreements, net 12,577,137 13,888,753    
Collateralized loan obligations and single asset securitization, net 3,223,867 3,491,292    
Unsecured senior notes, net 2,751,666 2,158,888    
Debt related to properties held for sale   193,691    
VIE liabilities, at fair value 0 0    
Total Liabilities 19,084,715 20,326,237    
Temporary Equity: Redeemable non-controlling interests 415,485 414,348    
Starwood Property Trust, Inc. Stockholders’ Equity:        
Common stock 3,234 3,208    
Additional paid-in capital 5,885,852 5,864,670    
Treasury stock (138,022) (138,022)    
Retained earnings (accumulated deficit) 507,622 505,881    
Accumulated other comprehensive income 14,061 15,352    
Total Starwood Property Trust, Inc. Stockholders’ Equity 6,272,747 6,251,089    
Non-controlling interests in consolidated subsidiaries 351,894 357,490    
Total Permanent Equity 6,624,641 6,608,579    
Total Liabilities and Equity 26,124,841 27,349,164    
Subtotal | Nonrelated Party        
Liabilities:        
Accounts payable, accrued expenses and other liabilities 259,998 293,442    
Subtotal | Related Party        
Liabilities:        
Accounts payable, accrued expenses and other liabilities 44,226 44,816    
Subtotal | Primary Beneficiary        
Assets:        
Investments of consolidated affordable housing fund 2,008,937 2,012,833    
Operating segment | Commercial and Residential Lending Segment        
Assets:        
Cash and cash equivalents 9,602 8,823    
Restricted cash 11,506 23,902    
Loans held-for-investment 14,221,471 15,069,389    
Loans held-for-sale 2,518,600 2,604,594    
Investment securities 1,113,081 1,147,829    
Properties, net 434,365 431,155    
Properties held-for-sale, net   0    
Investments in unconsolidated entities 25,371 19,151    
Goodwill 0 0    
Intangible assets 12,724 13,415    
Derivative assets 73,830 55,559    
Accrued interest receivable 179,147 180,441    
Other assets 186,807 301,436    
VIE assets, at fair value 0 0    
Total Assets 18,786,504 19,855,694    
Liabilities:        
Dividends payable 0 0    
Derivative liabilities 22,074 54,066    
Secured financing agreements, net 9,051,746 10,368,668    
Collateralized loan obligations and single asset securitization, net 2,406,928 2,674,938    
Unsecured senior notes, net 0 0    
Debt related to properties held for sale   0    
VIE liabilities, at fair value 0 0    
Total Liabilities 11,607,771 13,203,908    
Temporary Equity: Redeemable non-controlling interests 0 0    
Starwood Property Trust, Inc. Stockholders’ Equity:        
Common stock 0 0    
Additional paid-in capital 1,486,260 1,121,413    
Treasury stock 0 0    
Retained earnings (accumulated deficit) 5,678,294 5,514,906    
Accumulated other comprehensive income 14,061 15,352    
Total Starwood Property Trust, Inc. Stockholders’ Equity 7,178,615 6,651,671    
Non-controlling interests in consolidated subsidiaries 118 115    
Total Permanent Equity 7,178,733 6,651,786    
Total Liabilities and Equity 18,786,504 19,855,694    
Operating segment | Commercial and Residential Lending Segment | Nonrelated Party        
Liabilities:        
Accounts payable, accrued expenses and other liabilities 127,023 106,236    
Operating segment | Commercial and Residential Lending Segment | Related Party        
Liabilities:        
Accounts payable, accrued expenses and other liabilities 0 0    
Operating segment | Commercial and Residential Lending Segment | Primary Beneficiary        
Assets:        
Investments of consolidated affordable housing fund 0 0    
Operating segment | Infrastructure Lending Segment        
Assets:        
Cash and cash equivalents 137,049 56,300    
Restricted cash 41,394 28,693    
Loans held-for-investment 2,376,191 2,495,660    
Loans held-for-sale 47,149 0    
Investment securities 18,422 19,042    
Properties, net 0 0    
Properties held-for-sale, net   0    
Investments in unconsolidated entities 53,018 52,691    
Goodwill 119,409 119,409    
Intangible assets 0 0    
Derivative assets 216 84    
Accrued interest receivable 11,750 12,485    
Other assets 5,745 3,486    
VIE assets, at fair value 0 0    
Total Assets 2,810,343 2,787,850    
Liabilities:        
Dividends payable 0 0    
Derivative liabilities 0 0    
Secured financing agreements, net 1,069,519 1,088,965    
Collateralized loan obligations and single asset securitization, net 816,939 816,354    
Unsecured senior notes, net 0 0    
Debt related to properties held for sale   0    
VIE liabilities, at fair value 0 0    
Total Liabilities 1,910,795 1,950,551    
Temporary Equity: Redeemable non-controlling interests 0 0    
Starwood Property Trust, Inc. Stockholders’ Equity:        
Common stock 0 0    
Additional paid-in capital 705,773 664,621    
Treasury stock 0 0    
Retained earnings (accumulated deficit) 193,775 172,678    
Accumulated other comprehensive income 0 0    
Total Starwood Property Trust, Inc. Stockholders’ Equity 899,548 837,299    
Non-controlling interests in consolidated subsidiaries 0 0    
Total Permanent Equity 899,548 837,299    
Total Liabilities and Equity 2,810,343 2,787,850    
Operating segment | Infrastructure Lending Segment | Nonrelated Party        
Liabilities:        
Accounts payable, accrued expenses and other liabilities 24,337 45,232    
Operating segment | Infrastructure Lending Segment | Related Party        
Liabilities:        
Accounts payable, accrued expenses and other liabilities 0 0    
Operating segment | Infrastructure Lending Segment | Primary Beneficiary        
Assets:        
Investments of consolidated affordable housing fund 0 0    
Operating segment | Property Segment        
Assets:        
Cash and cash equivalents 29,103 19,957    
Restricted cash 1,031 1,016    
Loans held-for-investment 0 0    
Loans held-for-sale 0 0    
Investment securities 0 0    
Properties, net 551,502 555,455    
Properties held-for-sale, net   290,937    
Investments in unconsolidated entities 0 0    
Goodwill 0 0    
Intangible assets 24,505 25,432    
Derivative assets 4,280 5,638    
Accrued interest receivable 1,484 1,502    
Other assets 61,505 50,459    
VIE assets, at fair value 0 0    
Total Assets 2,682,347 2,963,229    
Liabilities:        
Dividends payable 0 0    
Derivative liabilities 0 0    
Secured financing agreements, net 598,850 598,350    
Collateralized loan obligations and single asset securitization, net 0 0    
Unsecured senior notes, net 0 0    
Debt related to properties held for sale   193,691    
VIE liabilities, at fair value 0 0    
Total Liabilities 609,580 804,266    
Temporary Equity: Redeemable non-controlling interests 415,485 414,348    
Starwood Property Trust, Inc. Stockholders’ Equity:        
Common stock 0 0    
Additional paid-in capital (615,052) (437,169)    
Treasury stock 0 0    
Retained earnings (accumulated deficit) 2,065,089 1,974,539    
Accumulated other comprehensive income 0 0    
Total Starwood Property Trust, Inc. Stockholders’ Equity 1,450,037 1,537,370    
Non-controlling interests in consolidated subsidiaries 207,245 207,245    
Total Permanent Equity 1,657,282 1,744,615    
Total Liabilities and Equity 2,682,347 2,963,229    
Operating segment | Property Segment | Nonrelated Party        
Liabilities:        
Accounts payable, accrued expenses and other liabilities 10,730 12,225    
Operating segment | Property Segment | Related Party        
Liabilities:        
Accounts payable, accrued expenses and other liabilities 0 0    
Operating segment | Property Segment | Primary Beneficiary        
Assets:        
Investments of consolidated affordable housing fund 2,008,937 2,012,833    
Operating segment | Investing and Servicing Segment        
Assets:        
Cash and cash equivalents 8,340 22,011    
Restricted cash 6,862 5,175    
Loans held-for-investment 9,200 9,200    
Loans held-for-sale 123,619 41,043    
Investment securities 1,124,724 1,147,550    
Properties, net 58,698 59,774    
Properties held-for-sale, net   0    
Investments in unconsolidated entities 33,154 33,134    
Goodwill 140,437 140,437    
Intangible assets 60,293 63,985    
Derivative assets 4,590 2,156    
Accrued interest receivable 1,939 1,369    
Other assets 17,296 15,828    
VIE assets, at fair value 0 0    
Total Assets 1,589,152 1,541,662    
Liabilities:        
Dividends payable 0 0    
Derivative liabilities 261 0    
Secured financing agreements, net 521,399 495,857    
Collateralized loan obligations and single asset securitization, net 0 0    
Unsecured senior notes, net 0 0    
Debt related to properties held for sale   0    
VIE liabilities, at fair value 0 0    
Total Liabilities 550,596 540,309    
Temporary Equity: Redeemable non-controlling interests 0 0    
Starwood Property Trust, Inc. Stockholders’ Equity:        
Common stock 0 0    
Additional paid-in capital (663,588) (705,176)    
Treasury stock 0 0    
Retained earnings (accumulated deficit) 1,557,613 1,556,399    
Accumulated other comprehensive income 0 0    
Total Starwood Property Trust, Inc. Stockholders’ Equity 894,025 851,223    
Non-controlling interests in consolidated subsidiaries 144,531 150,130    
Total Permanent Equity 1,038,556 1,001,353    
Total Liabilities and Equity 1,589,152 1,541,662    
Operating segment | Investing and Servicing Segment | Nonrelated Party        
Liabilities:        
Accounts payable, accrued expenses and other liabilities 28,936 44,452    
Operating segment | Investing and Servicing Segment | Related Party        
Liabilities:        
Accounts payable, accrued expenses and other liabilities 0 0    
Operating segment | Investing and Servicing Segment | Primary Beneficiary        
Assets:        
Investments of consolidated affordable housing fund 0 0    
Corporate        
Assets:        
Cash and cash equivalents 143,269 87,569    
Restricted cash 64,548 58,526    
Loans held-for-investment 0 0    
Loans held-for-sale 0 0    
Investment securities 0 0    
Properties, net 0 0    
Properties held-for-sale, net   0    
Investments in unconsolidated entities 0 0    
Goodwill 0 0    
Intangible assets 0 0    
Derivative assets 0 0    
Accrued interest receivable 178 5,070    
Other assets 48,500 49,564    
VIE assets, at fair value 0 0    
Total Assets 256,495 200,729    
Liabilities:        
Dividends payable 153,174 152,888    
Derivative liabilities 52,312 48,401    
Secured financing agreements, net 1,335,623 1,336,913    
Collateralized loan obligations and single asset securitization, net 0 0    
Unsecured senior notes, net 2,751,666 2,158,888    
Debt related to properties held for sale   0    
VIE liabilities, at fair value 0 0    
Total Liabilities 4,405,973 3,827,203    
Temporary Equity: Redeemable non-controlling interests 0 0    
Starwood Property Trust, Inc. Stockholders’ Equity:        
Common stock 3,234 3,208    
Additional paid-in capital 4,972,459 5,220,981    
Treasury stock (138,022) (138,022)    
Retained earnings (accumulated deficit) (8,987,149) (8,712,641)    
Accumulated other comprehensive income 0 0    
Total Starwood Property Trust, Inc. Stockholders’ Equity (4,149,478) (3,626,474)    
Non-controlling interests in consolidated subsidiaries 0 0    
Total Permanent Equity (4,149,478) (3,626,474)    
Total Liabilities and Equity 256,495 200,729    
Corporate | Nonrelated Party        
Liabilities:        
Accounts payable, accrued expenses and other liabilities 68,972 85,297    
Corporate | Related Party        
Liabilities:        
Accounts payable, accrued expenses and other liabilities 44,226 44,816    
Corporate | Primary Beneficiary        
Assets:        
Investments of consolidated affordable housing fund 0 0    
Securitization VIEs        
Assets:        
Cash and cash equivalents 0 0    
Restricted cash 0 0    
Loans held-for-investment 0 0    
Loans held-for-sale 0 0    
Investment securities (1,540,154) (1,578,859)    
Properties, net 0 0    
Properties held-for-sale, net   0    
Investments in unconsolidated entities (14,616) (14,600)    
Goodwill 0 0    
Intangible assets (34,255) (37,865)    
Derivative assets 0 0    
Accrued interest receivable 0 0    
Other assets 0 0    
VIE assets, at fair value 41,633,853 43,786,356    
Total Assets 40,044,828 42,155,032    
Liabilities:        
Dividends payable 0 0    
Derivative liabilities 0 0    
Secured financing agreements, net (20,650) (20,757)    
Collateralized loan obligations and single asset securitization, net 0 0    
Unsecured senior notes, net 0 0    
Debt related to properties held for sale   0    
VIE liabilities, at fair value 40,065,423 42,175,734    
Total Liabilities 40,044,773 42,154,977    
Temporary Equity: Redeemable non-controlling interests 0 0    
Starwood Property Trust, Inc. Stockholders’ Equity:        
Common stock 0 0    
Additional paid-in capital 0 0    
Treasury stock 0 0    
Retained earnings (accumulated deficit) 0 0    
Accumulated other comprehensive income 0 0    
Total Starwood Property Trust, Inc. Stockholders’ Equity 0 0    
Non-controlling interests in consolidated subsidiaries 55 55    
Total Permanent Equity 55 55    
Total Liabilities and Equity 40,044,828 42,155,032    
Securitization VIEs | Nonrelated Party        
Liabilities:        
Accounts payable, accrued expenses and other liabilities 0 0    
Securitization VIEs | Related Party        
Liabilities:        
Accounts payable, accrued expenses and other liabilities 0 0    
Securitization VIEs | Primary Beneficiary        
Assets:        
Investments of consolidated affordable housing fund $ 0 $ 0