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Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income from loans and other investments        
Interest and related income $ 358,557 $ 200,114 $ 876,676 $ 583,941
Less: Interest and related expenses 202,375 82,690 439,708 243,413
Income from loans and other investments, net 156,182 117,424 436,968 340,528
Other expenses        
Management and incentive fees 25,911 19,342 76,462 60,094
General and administrative expenses 12,932 10,841 37,701 32,108
Total other expenses 38,843 30,183 114,163 92,202
(Increase) decrease in current expected credit loss reserve (12,248) (2,767) (22,694) 49,432
Income before income taxes 105,091 84,474 300,111 297,758
Income tax provision 1,172 70 2,064 346
Net income 103,919 84,404 298,047 297,412
Net income attributable to non-controlling interests (673) (647) (1,864) (2,158)
Net income attributable to Blackstone Mortgage Trust, Inc. $ 103,246 $ 83,757 $ 296,183 $ 295,254
Net income per share of common stock        
Net income per share of common stock basic (in dollars per share) $ 0.60 $ 0.56 $ 1.74 $ 2.00
Net income per share of common stock diluted (in dollars per share) $ 0.59 $ 0.56 $ 1.71 $ 2.00
Weighted-average shares of common stock outstanding        
Weighted-average shares of common stock outstanding, basic (in shares) 170,971,874 149,214,819 170,303,470 147,971,737
Weighted-average shares of common stock outstanding, diluted (in shares) 185,316,078 149,214,819 182,011,842 147,971,737