XML 21 R4.htm IDEA: XBRL DOCUMENT v3.7.0.1
Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Income from loans and other investments        
Interest and related income $ 126,825 $ 130,471 $ 245,341 $ 253,496
Less: Interest and related expenses 54,352 49,065 101,026 94,446
Income from loans and other investments, net 72,473 81,406 144,315 159,050
Other expenses        
Management and incentive fees 14,393 15,847 27,314 29,460
General and administrative expenses 7,373 6,781 14,800 13,576
Total other expenses 21,766 22,628 42,114 43,036
Gain on investments at fair value   10,524   10,589
(Loss) income from equity investment in unconsolidated subsidiary   (6)   133
Income before income taxes 50,707 69,296 102,201 126,736
Income tax provision (benefit) 94 (154) 183 87
Net income 50,613 69,450 102,018 126,649
Net income attributable to non-controlling interests   (6,369)   (6,521)
Net income attributable to Blackstone Mortgage Trust, Inc. $ 50,613 $ 63,081 $ 102,018 $ 120,128
Net income per share of common stock basic and diluted $ 0.53 $ 0.67 $ 1.07 $ 1.28
Weighted-average shares of common stock outstanding, basic and diluted 95,005,873 94,064,423 94,999,664 94,066,096
Dividends declared per share of common stock $ 0.62 $ 0.62 $ 1.24 $ 1.24