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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Income from loans and other investments        
Interest and related income $ 196,303 $ 191,982 $ 383,827 $ 396,857
Less: Interest and related expenses 82,352 84,853 160,723 189,092
Income from loans and other investments, net 113,951 107,129 223,104 207,765
Other expenses        
Management and incentive fees 21,545 20,496 40,752 39,773
General and administrative expenses 10,669 11,286 21,267 23,078
Total other expenses 32,214 31,782 62,019 62,851
Decrease (increase) in current expected credit loss reserve 50,906 (56,819) 52,199 (179,521)
Income (loss) before income taxes 132,643 18,528 213,284 (34,607)
Income tax provision 175 23 276 173
Net income (loss) 132,468 18,505 213,008 (34,780)
Net income attributable to non-controlling interests (873) (961) (1,511) (1,028)
Net income (loss) attributable to Blackstone Mortgage Trust, Inc. $ 131,595 $ 17,544 $ 211,497 $ (35,808)
Net income (loss) per share of common stock basic and diluted $ 0.89 $ 0.13 $ 1.44 $ (0.26)
Weighted-average shares of common stock outstanding, basic and diluted 147,342,822 138,299,418 147,339,895 136,959,341