Equity (Tables)

3 Months Ended

Mar. 31, 2015

Schedule of Movement in Outstanding Shares of Class A Common Stock, Restricted Class A Common Stock and Deferred Stock Units

The following table details the movement in our outstanding shares of class A common stock, including restricted class A common stock and deferred stock units:


	Three Months Ended March 31,
Common Stock Outstanding⁽¹⁾	2015		2014
Beginning balance		58,388,808		29,602,884
Issuance of class A common stock		139		9,775,000
Issuance of restricted class A common stock, net		181,049		—
Issuance of deferred stock units		5,414		4,955

Ending balance		58,575,410		39,382,839

(1)	Deferred stock units held by members of our board of directors totalled 124,333 and 106,188 as of March 31, 2015 and 2014, respectively.

Schedule of Basic and Diluted Earnings Per Share, or EPS, Based on Weighted-Average of Both Restricted and Unrestricted Class A Common Stock Outstanding

The following table sets forth the calculation of basic and diluted net income per share of class A common stock based on the weighted-average of both restricted and unrestricted class A common stock outstanding for the indicated periods ($ in thousands, except per share data):


	Three Months Ended March 31,
	2015		2014
Net income⁽¹⁾	$	35,393	$	13,065
Weighted-average shares outstanding, basic and diluted		58,576,025		37,967,365

Per share amount, basic and diluted	$	0.60	$	0.34

(1)	Represents net income attributable to Blackstone Mortgage Trust, Inc.