XML 26 R5.htm IDEA: XBRL DOCUMENT v3.24.0.1
Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Income from loans and other investments      
Interest and related income $ 2,037,621 $ 1,338,954 $ 854,690
Less: Interest and related expenses 1,366,956 710,904 340,223
Income from loans and other investments, net 670,665 628,050 514,467
Other expenses      
Management and incentive fees 119,089 110,292 88,467
General and administrative expenses 51,143 52,193 43,168
Total other expenses 170,232 162,485 131,635
(Increase) decrease in current expected credit loss reserve (249,790) (211,505) 39,864
Gain on extinguishment of debt 4,616 0 0
Income before income taxes 255,259 254,060 422,696
Income tax provision 5,362 3,003 423
Net income 249,897 251,057 422,273
Net income attributable to non-controlling interests (3,342) (2,415) (3,080)
Net income attributable to Blackstone Mortgage Trust, Inc. $ 246,555 $ 248,642 $ 419,193
Net income per share of common stock - basic (in dollars per share) $ 1.43 $ 1.46 $ 2.77
Net income per share of common stock - diluted (in dollars per share) $ 1.43 $ 1.46 $ 2.77
Weighted-average shares of common stock outstanding, basic and diluted      
Basic (in shares) 172,672,038 170,631,410 151,521,941
Diluted (in shares) 172,672,038 170,631,410 151,521,941