Equity (Tables)

3 Months Ended

Mar. 31, 2020

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:

	Three Months Ended March 31,
Common Stock Outstanding(1)	2020		2019
Beginning balance		135,263,728		123,664,577
Issuance of class A common stock(2)		325		1,909,909
Issuance of restricted class A common stock, net		351,333		320,903
Issuance of deferred stock units		7,983		7,964
Ending balance		135,623,369		125,903,353

(1)	Includes deferred stock units held by members of our board of directors of 268,049 and 236,803 as of March 31, 2020 and 2019, respectively.
(2)	Includes 325 and 281 shares issued under our dividend reinvestment program during the three months ended March 31, 2020 and 2019, respectively.

Schedule of Dividend Activity

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

	Three Months Ended March 31,
	2020		2019
Dividends declared per share of common stock	$	0.62	$	0.62
Total dividends declared	$	83,920	$	77,913

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 March 31,
	2020			2019
Net (loss) income(1)	$	(53,350	)	$	76,565
Weighted-average shares outstanding, basic and diluted		135,619,264			124,333,048
Per share amount, basic and diluted	$	(0.39	)	$	0.62

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