XML 119 R98.htm IDEA: XBRL DOCUMENT v3.24.0.1
Transactions with Related Parties (Detail)
$ in Thousands, £ in Millions, $ in Billions
3 Months Ended 9 Months Ended 12 Months Ended
Jun. 30, 2021
USD ($)
Mar. 31, 2021
USD ($)
Jun. 30, 2020
USD ($)
Dec. 31, 2022
USD ($)
shares
Dec. 31, 2023
USD ($)
shares
Dec. 31, 2022
USD ($)
shares
Dec. 31, 2021
USD ($)
loan
shares
Jun. 30, 2022
GBP (£)
Jun. 30, 2022
AUD ($)
Mar. 31, 2019
GBP (£)
Related Party Transaction [Line Items]                    
Non-cash expenses         $ 30,655 $ 33,414 $ 31,647      
Common stock, shares outstanding (in shares) | shares       171,695,985 173,209,933 171,695,985        
Face amount of loans         $ 23,923,719          
Net book value       $ 24,691,743 $ 23,210,076 $ 24,691,743        
Senior Term Facility                    
Related Party Transaction [Line Items]                    
Senior term facility | £                   £ 240.1
Face amount of loans | £                   £ 490.0
Restricted Class A Common Stock                    
Related Party Transaction [Line Items]                    
Shares held (in shares) | shares       1,883,784 2,180,181 1,883,784 1,706,121      
Restricted shares, vesting period (in years)         3 years          
Related Party                    
Related Party Transaction [Line Items]                    
Number of loans originated | loan             3      
Related Party | Class A Common Stock                    
Related Party Transaction [Line Items]                    
Common stock, shares outstanding (in shares) | shares         12,531,542          
Percentage of stock (in shares) | shares         0.072          
Related Party | Manager                    
Related Party Transaction [Line Items]                    
Renewal term (in years)         1 year          
Management fees paid to Manager         $ 126,600 $ 104,800 $ 79,300      
Expenses reimbursed to Manager         3,400 896 601      
Related Party | BXMT Advisors Limited Liability Company and Affiliates                    
Related Party Transaction [Line Items]                    
Accrued management and incentive fees payable       $ 33,800 26,300 33,800        
Related Party | BTIG, LLC                    
Related Party Transaction [Line Items]                    
Repurchase of aggregate principal amount         500          
Fees on broker         1          
Related Party | Blackstone-Advised Investment Vehicles, or the Funds | B-4 Term Loan                    
Related Party Transaction [Line Items]                    
Total incentive compensation payments       825            
Debt securities       $ 33,000   $ 33,000        
Percentage of total secured term loans       4.00%   4.00%        
Related Party | Blackstone-Advised Investment Vehicles, or the Funds | B-3 Term Loan                    
Related Party Transaction [Line Items]                    
Total incentive compensation payments $ 350   $ 350              
Debt securities $ 20,000   $ 20,000              
Percentage of total secured term loans 15.00%   15.00%              
Related Party | Blackstone-Advised Investment Vehicles, or the Funds | B-1 Term Loan                    
Related Party Transaction [Line Items]                    
Total incentive compensation payments   $ 200                
Debt securities   $ 5,500                
Percentage of total secured term loans   3.00%                
Increase in loan   $ 200,000                
Related Party | Blackstone-Advised Investment Vehicles, or the Funds | Senior Secured Notes                    
Related Party Transaction [Line Items]                    
Net book value             $ 400,000      
Interest rate             3.75%      
Related Party | Revantage Corporate Services, LLC And Revantage Global Services Europe S.à r.l.                    
Related Party Transaction [Line Items]                    
Administrative services expenses incurred         $ 658 $ 524 $ 385      
Related Party | Senior Loan Origination Under Marketed Process | Senior Term Facility                    
Related Party Transaction [Line Items]                    
Net book value               £ 250.0 $ 1.3  
Percentage of financing receivable               0.245 0.245  
Related Party | Senior Loan Origination Under Marketed Process | Senior Term Facility | Blackstone-Advised Investment Vehicle                    
Related Party Transaction [Line Items]                    
Net book value               £ 250.0 $ 1.3  
Percentage of financing receivable               0.245 0.245  
Related Party | Senior Loan Origination Under Marketed Process | Senior Term Facility                    
Related Party Transaction [Line Items]                    
Face amount of loans               £ 500.0 $ 5.4  
Related Party | Additional Senior Loan Origination Under Marketed Process | Blackstone-Advised Investment Vehicles, or the Funds | Senior Secured Notes                    
Related Party Transaction [Line Items]                    
Net book value             400      
Related Party | Restricted Class A Common Stock | Class A Common Stock | Manager                    
Related Party Transaction [Line Items]                    
Shares held (in shares) | shares         1,311,056          
Non-cash expenses         $ 14,600 16,600 $ 15,300      
Related Party | Restricted Class A Common Stock | Class A Common Stock | Manager | Manager                    
Related Party Transaction [Line Items]                    
Non-cash expenses         $ 32,200          
Restricted shares, vesting period (in years)         3 years          
Related Party | Class A Common Stock | Class A Common Stock | BTIG, LLC                    
Related Party Transaction [Line Items]                    
Total incentive compensation payments           $ 191        
Affiliates of Manager                    
Related Party Transaction [Line Items]                    
Percentage of stock (in shares) | shares         0.044          
Affiliates of Manager | Class A Common Stock                    
Related Party Transaction [Line Items]                    
Common stock, shares outstanding (in shares) | shares         7,582,044          
Director | Deferred Stock Units                    
Related Party Transaction [Line Items]                    
Common stock, shares outstanding (in shares) | shares         359,464