Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Assets
Cash and cash equivalents	$ 515,808	$ 291,340
Loans receivable	24,896,364	25,017,880
Current expected credit loss reserve	(336,591)	(326,137)
Loans receivable, net	24,559,773	24,691,743
Other assets	310,086	370,902
Total Assets	25,385,667	25,353,985
Liabilities and Equity
Secured debt, net	14,029,486	13,528,164
Securitized debt obligations, net	2,664,208	2,664,010
Asset-specific debt, net	817,444	942,503
Loan participations sold, net	229,003	224,232
Term loans, net	2,111,232	2,114,549
Senior secured notes, net	395,461	395,166
Convertible notes, net	294,888	514,257
Other liabilities	283,246	426,904
Total Liabilities	20,824,968	20,809,785
Commitments and contingencies	0	0
Equity
Class A common stock, $0.01 par value, 400,000,000 shares authorized, 172,284,118 and 171,695,985 shares issued and outstanding as of March 31, 2023 and December 31, 2022, respectively	1,723	1,717
Additional paid-in capital	5,483,740	5,475,804
Accumulated other comprehensive income	7,828	10,022
Accumulated deficit	(958,064)	(968,749)
Total Blackstone Mortgage Trust, Inc. stockholders’ equity	4,535,227	4,518,794
Non-controlling interests	25,472	25,406
Total Equity	4,560,699	4,544,200
Total Liabilities and Equity	$ 25,385,667	$ 25,353,985