Summary of Quarterly Results of Operations

12 Months Ended

Dec. 31, 2015

Quarterly Financial Information Disclosure [Abstract]

Summary of Quarterly Results of Operations

17. SUMMARY OF QUARTERLY RESULTS OF OPERATIONS (UNAUDITED)

The following is a summary of the unaudited quarterly results of operations for the years ended December 31, 2015, 2014, and 2013 ($ in thousands except per share data):

	March 31		June 30		September 30		December 31
2015
Income from loans and other investments, net	$	39,246	$	49,847	$	87,032	$	82,094
Net income	$	46,093	$	32,417	$	67,778	$	65,597
Net income attributable to
Blackstone Mortgage Trust, Inc.	$	35,393	$	29,284	$	66,888	$	65,264
Net income per share of class A common stock:
Basic and diluted	$	0.60	$	0.36	$	0.72	$	0.70
2014
Income from loans and other investments, net	$	21,582	$	26,746	$	30,483	$	36,812
Net income	$	13,116	$	38,439	$	23,601	$	25,338
Net income attributable to
Blackstone Mortgage Trust, Inc.	$	13,065	$	33,466	$	22,024	$	21,490
Net income per share of class A common stock:
Basic and diluted	$	0.34	$	0.70	$	0.45	$	0.37

Basic and diluted earnings per share are computed independently based on the weighted-average shares of common stock and stock units outstanding for each period. Accordingly, the sum of the quarterly earnings per share amounts may not agree to the total for the year. Earnings per share amounts have been adjusted to give retroactive effect to the reverse stock split, which we effected on May 6, 2013. See Note 10 for a further discussion of earnings per share.