Consolidated Statements of Operations (Unaudited) - USD ($) $ in Thousands |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2024 |
Jun. 30, 2023 |
Jun. 30, 2024 |
Jun. 30, 2023 |
|
| Income from loans and other investments | ||||
| Interest and related income | $ 466,152 | $ 521,892 | $ 952,275 | $ 1,013,276 |
| Less: Interest and related expenses | 339,380 | 344,549 | 683,110 | 661,746 |
| Income from loans and other investments, net | 126,772 | 177,343 | 269,165 | 351,530 |
| Other expenses | ||||
| Management and incentive fees | 18,726 | 32,815 | 37,653 | 63,865 |
| General and administrative expenses | 13,660 | 13,022 | 27,388 | 25,887 |
| Total other expenses | 32,386 | 45,837 | 65,041 | 89,752 |
| Increase in current expected credit loss reserve | (152,408) | (27,807) | (387,277) | (37,630) |
| Gain on extinguishment of debt | 0 | 0 | 2,963 | 0 |
| Net expense from real estate owned | (963) | 0 | (963) | 0 |
| (Loss) income before income taxes | (58,985) | 103,699 | (181,153) | 224,148 |
| Income tax provision | 1,217 | 1,202 | 2,219 | 3,095 |
| Net (loss) income | (60,202) | 102,497 | (183,372) | 221,053 |
| Net income attributable to non-controlling interests | (855) | (846) | (1,523) | (1,645) |
| Net (loss) income attributable to Blackstone Mortgage Trust, Inc. | $ (61,057) | $ 101,651 | $ (184,895) | $ 219,408 |
| Net (loss) income per share of common stock | ||||
| Basic (in dollars per share) | $ (0.35) | $ 0.59 | $ (1.06) | $ 1.27 |
| Diluted (in dollars per share) | $ (0.35) | $ 0.58 | $ (1.06) | $ 1.25 |
| Weighted-average shares of common stock outstanding, basic and diluted | ||||
| Basic (in shares) | 173,967,340 | 172,615,385 | 174,004,464 | 172,606,914 |
| Diluted (in shares) | 173,967,340 | 180,886,445 | 174,004,464 | 180,877,974 |
| X | ||||||||||
- Definition Net Income (Expense) From Real Estate Owned No definition available.
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- References No definition available.
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount, excluding accrued interest, of credit loss expense (reversal of expense) on financing receivable. Excludes net investment in lease. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The aggregate interest and fee income generated by: (1) loans the Entity has positive intent and ability to hold for the foreseeable future, or until maturity or payoff, including commercial and consumer loans, whether domestic or foreign, which may consist of: (a) industrial and agricultural; (b) real estate; and (c) real estate construction loans; (d) trade financing; (e) lease financing; (f) home equity lines-of-credit; (g) automobile and other vehicle loans; and (h) credit card and other revolving-type loans and (2) loans and leases held-for-sale which may include mortgage loans, direct financing, and sales-type leases. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of interest expense classified as operating. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of interest income (expense) classified as operating. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- References No definition available.
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- Definition Amount of expense for investment management fee, including, but not limited to, expense in connection with research, selection, supervision, and custody of investment. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of Net Income (Loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Total aggregate amount of all noninterest expense. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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