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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Income from loans and other investments      
Interest and related income $ 1,769,043 $ 2,037,621 $ 1,338,954
Less: Interest and related expenses 1,289,972 1,366,956 710,904
Income from loans and other investments, net 479,071 670,665 628,050
Revenue from real estate owned 13,040 0 0
Gain on extinguishment of debt 5,352 4,616 0
Other income 1,064 0 0
Total net revenues 498,527 675,281 628,050
Expenses      
Management and incentive fees 74,792 119,089 110,292
General and administrative expenses 53,922 51,143 52,193
Expenses from real estate owned 22,060 0 0
Other expenses 5,663 0 0
Total expenses 156,437 170,232 162,485
Increase in current expected credit loss reserve (538,801) (249,790) (211,505)
Loss from unconsolidated entities (2,748) 0 0
(Loss) income before income taxes (199,459) 255,259 254,060
Income tax provision 2,374 5,362 3,003
Net (loss) income (201,833) 249,897 251,057
Net income attributable to non-controlling interests (2,255) (3,342) (2,415)
Net (loss) income attributable to Blackstone Mortgage Trust, Inc. $ (204,088) $ 246,555 $ 248,642
Net (loss) income per share of common stock, basic and diluted      
Basic (in dollars per share) $ (1.17) $ 1.43 $ 1.46
Diluted (in dollars per share) $ (1.17) $ 1.43 $ 1.46
Weighted-average shares of common stock outstanding, basic and diluted      
Basic (in shares) 173,782,523 172,672,038 170,631,410
Diluted (in shares) 173,782,523 172,672,038 170,631,410