XML 45 R26.htm IDEA: XBRL DOCUMENT v3.8.0.1
Summary of Quarterly Results of Operations
12 Months Ended
Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]  
Summary of Quarterly Results of Operations

19. 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, 2017 and 2016 ($ in thousands except per share data):

 

     March 31      June 30      September 30      December 31  

2017

           

Income from loans and other investments, net

   $       71,843      $       72,473      $       78,555      $       80,174  

Net income

   $ 51,405      $ 50,613      $ 57,810      $ 58,140  

Net income attributable to

           

Blackstone Mortgage Trust, Inc.

   $ 51,405      $ 50,613      $ 57,722      $ 57,891  

Net income per share of class A common stock:

           

Basic and diluted

   $ 0.54      $ 0.53      $ 0.61      $ 0.59  

2016

           

Income from loans and other investments, net

   $ 77,644      $ 81,406      $ 82,817      $ 71,837  

Net income

   $ 57,199      $ 69,450      $ 66,392      $ 53,399  

Net income attributable to

           

Blackstone Mortgage Trust, Inc.

   $ 57,047      $ 63,081      $ 64,794      $ 53,375  

Net income per share of class A common stock:

           

Basic and diluted

   $ 0.61      $ 0.67      $ 0.69      $ 0.57  

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.