Other Expenses (Tables)

12 Months Ended

Dec. 31, 2019

Other Income and Expenses [Abstract]

Schedule of General and Administrative Expenses

General and Administrative Expenses

General and administrative expenses consisted of the following ($ in thousands):

	Year Ended December 31,
	2019		2018		2017
Professional services(1)	$	5,163	$	4,437	$	3,812
Operating and other costs(1)		3,035		2,938		1,903
Subtotal		8,198		7,375		5,715
Non-cash compensation expenses
Restricted class A common stock earned		30,156		27,654		23,593
Director stock-based compensation		500		500		438
Subtotal		30,656		28,154		24,031
Total BXMT expenses		38,854		35,529		29,746
Other expenses		—		—		176
Total general and administrative expenses	$	38,854	$	35,529	$	29,922

(1) During the years ended December 31, 2019, 2018, and 2017, respectively, we recognized an aggregate $865,000, $427,000, and $232,000, respectively, of expenses related to our Multifamily Joint Venture. Such amounts are included in our consolidated general and administrative expenses.