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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Income from loans and other investments        
Interest and related income $ 200,114 $ 193,939 $ 583,941 $ 590,797
Less: Interest and related expenses 82,690 78,978 243,413 268,070
Income from loans and other investments, net 117,424 114,961 340,528 322,727
Other expenses        
Management and incentive fees 19,342 18,985 60,094 58,758
General and administrative expenses 10,841 11,242 32,108 34,320
Total other expenses 30,183 30,227 92,202 93,078
(Increase) decrease in current expected credit loss reserve (2,767) 6,055 49,432 (173,466)
Income before income taxes 84,474 90,789 297,758 56,183
Income tax provision 70 20 346 192
Net income 84,404 90,769 297,412 55,991
Net income attributable to non-controlling interests (647) (909) (2,158) (1,937)
Net income attributable to Blackstone Mortgage Trust, Inc. $ 83,757 $ 89,860 $ 295,254 $ 54,054
Net income per share of common stock basic and diluted $ 0.56 $ 0.61 $ 2.00 $ 0.39
Weighted-average shares of common stock outstanding, basic and diluted 149,214,819 146,484,651 147,971,737 140,157,620