XML 100 R79.htm IDEA: XBRL DOCUMENT v3.19.1
Segment Reporting - Summary of Financial Results by Segment (Detail) - USD ($)
$ in Thousands
3 Months Ended 10 Months Ended 12 Months Ended
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2017
Sep. 30, 2017
Jun. 30, 2017
Mar. 31, 2017
Dec. 31, 2016
Dec. 31, 2016
Dec. 31, 2018
Dec. 31, 2017
Revenues:                        
Total revenues $ 261,186 $ 200,162 $ 152,226 $ 109,684 $ 78,245 $ 48,904 $ 28,339 $ 2,444     $ 723,258 $ 157,932
Expenses:                        
Total expenses                     340,341 71,532
Income from real estate-related securities                     55,323 17,749
Segment net operating income                     438,240 104,149
Depreciation and amortization                   $ 0 406,295 121,793
Other income (expense):                        
General and administrative                   (115) (10,982) (7,692)
Management fees                   0 (42,659) (8,867)
Performance participation allocation                   0 (37,484) (16,974)
Interest income                     410 454
Interest expense                     (233,184) (36,884)
Other income (expense)                     489 57
Net loss (131,120) (58,763) (51,944) (49,638) (37,735) (31,847) (16,701) (1,267) $ (115) (115) (291,465) (87,550)
Net loss attributable to non-controlling interests in third party joint ventures                     6,188 1,292
Net loss attributable to non-controlling interests in BREIT OP                     4,221  
Net loss attributable to BREIT stockholders $ (125,359) $ (57,667) $ (50,482) $ (47,548) $ (36,565) $ (31,725) $ (16,701) $ (1,267) $ (115) $ (115) (281,056) (86,258)
Rental Property [Member]                        
Revenues:                        
Total revenues                     494,519 110,429
Expenses:                        
Total expenses                     243,093 51,115
Tenant Reimbursement Income [Member]                        
Revenues:                        
Total revenues                     64,145 10,952
Hotel [Member]                        
Revenues:                        
Total revenues                     138,433 29,916
Expenses:                        
Total expenses                     97,248 20,417
Other Revenue [Member]                        
Revenues:                        
Total revenues                     26,161 6,635
Multifamily [Member]                        
Revenues:                        
Total revenues                     368,564 92,911
Expenses:                        
Total expenses                     176,800 40,831
Segment net operating income                     191,764 52,080
Depreciation and amortization                     257,201 96,732
Multifamily [Member] | Rental Property [Member]                        
Revenues:                        
Total revenues                     328,476 82,846
Expenses:                        
Total expenses                     176,800 40,831
Multifamily [Member] | Tenant Reimbursement Income [Member]                        
Revenues:                        
Total revenues                     17,143 3,476
Multifamily [Member] | Other Revenue [Member]                        
Revenues:                        
Total revenues                     22,945 6,589
Industrial [Member]                        
Revenues:                        
Total revenues                     203,662 30,858
Expenses:                        
Total expenses                     62,824 9,265
Segment net operating income                     140,838 21,593
Depreciation and amortization                     116,206 17,063
Industrial [Member] | Rental Property [Member]                        
Revenues:                        
Total revenues                     157,970 24,034
Expenses:                        
Total expenses                     62,824 9,265
Industrial [Member] | Tenant Reimbursement Income [Member]                        
Revenues:                        
Total revenues                     45,114 6,812
Industrial [Member] | Other Revenue [Member]                        
Revenues:                        
Total revenues                     578 12
Hotel [Member]                        
Revenues:                        
Total revenues                     140,918 29,916
Expenses:                        
Total expenses                     97,248 20,417
Segment net operating income                     43,670 9,499
Depreciation and amortization                     27,944 6,071
Hotel [Member] | Hotel [Member]                        
Revenues:                        
Total revenues                     138,433 29,916
Expenses:                        
Total expenses                     97,248 20,417
Hotel [Member] | Other Revenue [Member]                        
Revenues:                        
Total revenues                     2,485  
Retail [Member]                        
Revenues:                        
Total revenues                     10,114 4,247
Expenses:                        
Total expenses                     3,469 1,019
Segment net operating income                     6,645 3,228
Depreciation and amortization                     4,944 1,927
Retail [Member] | Rental Property [Member]                        
Revenues:                        
Total revenues                     8,073 3,549
Expenses:                        
Total expenses                     3,469 1,019
Retail [Member] | Tenant Reimbursement Income [Member]                        
Revenues:                        
Total revenues                     1,888 664
Retail [Member] | Other Revenue [Member]                        
Revenues:                        
Total revenues                     153 34
Real Estate-Related Securities [Member]                        
Expenses:                        
Income from real estate-related securities                     55,323 17,749
Segment net operating income                     $ 55,323 $ 17,749