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Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Income from loans and other investments        
Interest and related income $ 283,687 $ 196,303 $ 518,119 $ 383,827
Less: Interest and related expenses 136,619 82,352 237,333 160,723
Income from loans and other investments, net 147,068 113,951 280,786 223,104
Other expenses        
Management and incentive fees 27,065 21,545 50,551 40,752
General and administrative expenses 12,409 10,669 24,769 21,267
Total other expenses 39,474 32,214 75,320 62,019
(Increase) decrease in current expected credit loss reserve (12,983) 50,906 (10,446) 52,199
Income before income taxes 94,611 132,643 195,020 213,284
Income tax provision 746 175 892 276
Net income 93,865 132,468 194,128 213,008
Net income attributable to non-controlling interests (615) (873) (1,191) (1,511)
Net income attributable to Blackstone Mortgage Trust, Inc. $ 93,250 $ 131,595 $ 192,937 $ 211,497
Net income per share of common stock        
Net income per share of common stock basic (in dollars per share) $ 0.55 $ 0.89 $ 1.14 $ 1.44
Net income per share of common stock diluted (in dollars per share) $ 0.54 $ 0.89 $ 1.12 $ 1.44
Weighted-average shares of common stock outstanding        
Weighted-average shares of common stock outstanding, basic (in shares) 170,665,601 147,342,822 169,963,730 147,339,895
Weighted-average shares of common stock outstanding, diluted (in shares) 185,009,805 147,342,822 180,332,341 147,339,895