XML 22 R4.htm IDEA: XBRL DOCUMENT v3.5.0.2
Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Income from loans and other investments        
Interest and related income $ 130,471 $ 80,481 $ 253,496 $ 143,889
Less: Interest and related expenses 49,065 30,634 94,446 54,796
Income from loans and other investments, net 81,406 49,847 159,050 89,093
Other expenses        
Management and incentive fees 15,847 8,051 29,460 14,721
General and administrative expenses 6,781 15,698 13,576 23,359
Total other expenses 22,628 23,749 43,036 38,080
Gain on investments at fair value 10,524 4,714 10,589 22,190
(Loss) income from equity investments in unconsolidated subsidiaries (6) 1,710 133 5,659
Income before income taxes 69,296 32,522 126,736 78,862
Income tax (benefit) provision (154) 105 87 350
Net income 69,450 32,417 126,649 78,512
Net income attributable to non-controlling interests (6,369) (3,133) (6,521) (13,833)
Net income attributable to Blackstone Mortgage Trust, Inc. $ 63,081 $ 29,284 $ 120,128 $ 64,679
Net income per share of common stock basic and diluted $ 0.67 $ 0.36 $ 1.28 $ 0.93
Weighted-average shares of common stock outstanding basic and diluted 94,064,423 80,940,535 94,066,096 69,820,061
Dividends declared per share of common stock $ 0.62 $ 0.52 $ 1.24 $ 1.04