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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Income from loans and other investments        
Interest and related income $ 128,190 $ 138,361 $ 381,686 $ 282,249
Less: Interest and related expenses 45,373 51,329 139,819 106,125
Income from loans and other investments, net 82,817 87,032 241,867 176,124
Other expenses        
Management and incentive fees 13,701 13,813 43,161 28,535
General and administrative expenses 7,414 5,295 20,990 28,655
Total other expenses 21,115 19,108 64,151 57,190
Gain (loss) on investments at fair value 2,824 (82) 13,413 22,108
Income from equity investments in unconsolidated subsidiaries 2,060 17 2,192 5,677
Income before income taxes 66,586 67,859 193,321 146,719
Income tax provision 194 81 281 431
Net income 66,392 67,778 193,040 146,288
Net income attributable to non-controlling interests (1,598) (890) (8,119) (14,724)
Net income attributable to Blackstone Mortgage Trust, Inc. $ 64,794 $ 66,888 $ 184,921 $ 131,564
Net income per share of common stock basic and diluted $ 0.69 $ 0.72 $ 1.97 $ 1.69
Weighted-average shares of common stock outstanding basic and diluted 94,071,537 93,357,960 94,067,923 77,752,247
Dividends declared per share of common stock $ 0.62 $ 0.62 $ 1.86 $ 1.66