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Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Income from loans and other investments        
Interest and related income $ 521,892 $ 283,687 $ 1,013,276 $ 518,119
Less: Interest and related expenses 344,549 136,619 661,746 237,333
Income from loans and other investments, net 177,343 147,068 351,530 280,786
Other expenses        
Management and incentive fees 32,815 27,065 63,865 50,551
General and administrative expenses 13,022 12,409 25,887 24,769
Total other expenses 45,837 39,474 89,752 75,320
Increase in current expected credit loss reserve (27,807) (12,983) (37,630) (10,446)
Income before income taxes 103,699 94,611 224,148 195,020
Income tax provision 1,202 746 3,095 892
Net income 102,497 93,865 221,053 194,128
Net income attributable to non-controlling interests (846) (615) (1,645) (1,191)
Net income attributable to Blackstone Mortgage Trust, Inc. $ 101,651 $ 93,250 $ 219,408 $ 192,937
Net income per share of common stock        
Basic (in dollars per share) $ 0.59 $ 0.55 $ 1.27 $ 1.14
Diluted (in dollars per share) $ 0.58 $ 0.54 $ 1.25 $ 1.12
Weighted-average shares of common stock outstanding        
Basic (in shares) 172,615,385 170,665,601 172,606,914 169,963,730
Diluted (in shares) 180,886,445 185,009,805 180,877,974 180,332,341