Summary of Quarterly Results of Operations

12 Months Ended

Dec. 31, 2020

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, 2020 and 2019 ($ in thousands except per share data):

	March 31			June 30		September 30		December 31
2020
Income from loans and other investments, net	$	100,636		$	107,129	$	114,961	$	109,450
Net (loss) income	$	(53,283	)	$	18,505	$	90,769	$	84,423
Net (loss) income attributable to
Blackstone Mortgage Trust, Inc.	$	(53,350	)	$	17,544	$	89,860	$	83,616
Net (loss) income per share of class A common stock:
Basic and diluted	$	(0.39	)	$	0.13	$	0.61	$	0.57
2019
Income from loans and other investments, net	$	106,071		$	106,478	$	101,916	$	109,711
Net income	$	76,867		$	75,551	$	75,394	$	79,581
Net income attributable to
Blackstone Mortgage Trust, Inc.	$	76,565		$	75,174	$	74,897	$	78,931
Net income per share of class A common stock:
Basic and diluted	$	0.62		$	0.59	$	0.56	$	0.59

Quarterly basic and diluted earnings per share are computed 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.