CONSOLIDATED BALANCE SHEETS (USD $) In Thousands, unless otherwise specified	Jun. 30, 2013	Dec. 31, 2012
Assets
Cash	$ 223,251	$ 213,727
Restricted cash	182,318	72,265
Real estate debt investments, net (refer to Note 7)	925,896	514,058
Investments in private equity funds, at fair value (refer to Note 4)	118,593
Real estate securities, available for sale	55,289	29,582
Receivables, net	6,286	4,654
Deferred costs and other assets, net	12,289	25,652
Total assets	1,523,922	859,938
Liabilities
Securitization bonds payable	124,610	124,491
Credit facilities	225,871	126,321
Due to related party	3,636	15,165
Accounts payable and accrued expenses	2,142	463
Escrow deposits payable	181,773	71,847
Distribution payable	6,968	3,905
Total liabilities	545,000	342,192
NorthStar Real Estate Income Trust, Inc. Stockholders' Equity
Preferred stock, $0.01 par value per share; 50,000,000 shares authorized, no shares issued and outstanding as of June 30, 2013 and December 31, 2012
Common stock, $0.01 par value per share; 400,000,000 shares authorized, 112,727,255 and 60,204,641 shares issued and outstanding as of June 30, 2013 and December 31, 2012, respectively	1,127	602
Additional paid-in capital	1,002,731	532,617
Retained earnings (accumulated deficit)	(27,385)	(15,935)
Accumulated other comprehensive income (loss)	2,444	457
Total NorthStar Real Estate Income Trust, Inc. stockholders' equity	978,917	517,741
Non-controlling interests	5	5
Total equity	978,922	517,746
Total liabilities and equity	$ 1,523,922	$ 859,938