Equity (Tables)

6 Months Ended

Jun. 30, 2017

Equity [Abstract]

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:

	Six Months Ended June 30,
Common Stock Outstanding(1)	2017		2016
Beginning balance		94,709,290		93,843,847
Issuance of class A common stock(2)		543		550
Issuance of restricted class A common stock, net		286,773		209,798
Issuance of deferred stock units		12,904		14,155
Ending balance		95,009,510		94,068,350

(1)	Includes deferred stock units held by members of our board of directors of 181,931 and 155,676 as of June 30, 2017 and 2016, respectively.
(2)	Consists of 543 and 550 shares issued under our dividend reinvestment program during the six months ended June 30, 2017 and 2016, respectively.

Schedule of Dividend Activity

The following table details our dividend activity ($ in thousands, except per share data):

	Three Months Ended June 30,				Six Months Ended June 30,
	2017		2016		2017		2016
Dividends declared per share of common stock	$	0.62	$	0.62	$	1.24	$	1.24
Total dividends declared	$	58,793	$	58,226	$	117,580	$	116,452

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 ($ in thousands, except per share data):

	Three Months Ended June 30,				Six Months Ended June 30,
	2017		2016		2017		2016
Net income(1)	$	50,613	$	63,081	$	102,018	$	120,128
Weighted-average shares outstanding, basic and diluted		95,005,873		94,064,423		94,999,664		94,066,096
Per share amount, basic and diluted	$	0.53	$	0.67	$	1.07	$	1.28

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