XML 58 R6.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Statements of Equity (USD $)
In Thousands, except Share data, unless otherwise specified
Total
Total Starwood Property Trust, Inc. Stockholders' Equity
Common stock
Additional Paid-In Capital
Treasury Stock
Accumulated Deficit
Accumulated Other Comprehensive Income (Loss)
Non-Controlling Interests
Balance at Dec. 31, 2012 $ 2,797,205 $ 2,719,346 $ 1,361 $ 2,721,353 $ (10,642) $ (72,401) $ 79,675 $ 77,859
Balance (in shares) at Dec. 31, 2012     136,125,356   625,850      
Increase (Decrease) in Stockholders' Equity                
Proceeds from public offering of common stock 822,368 822,368 305 822,063        
Proceeds from public offering of common stock (in shares)     30,475,000          
Equity offering costs (617) (617)   (617)        
Convertible senior notes 28,107 28,107   28,107        
Stock-based compensation 8,829 8,829 4 8,825        
Stock-based compensation (in shares)     350,002          
Manager incentive fee paid in stock 365 365   365        
Manager incentive fee paid in stock (in shares)     13,188          
Net income 124,935 122,697       122,697   2,238
Dividends declared, $0.90 and $0.48 per share for period ended June 30, 2013 and 2014, respectively (137,046) (137,046)       (137,046)    
Other comprehensive income (loss), net (19,390) (19,390)         (19,390)  
Non-controlling interest assumed through LNR acquisition 8,277             8,277
Contributions from non-controlling interests 1,007             1,007
Distribution to non-controlling interests (47,534)             (47,534)
Balance at Jun. 30, 2013 3,586,506 3,544,659 1,670 3,580,096 (10,642) (86,750) 60,285 41,847
Balance (in shares) at Jun. 30, 2013     166,963,546   625,850      
Balance at Dec. 31, 2013 4,327,133 4,282,528 1,961 4,300,479 (10,642) (84,719) 75,449 44,605
Balance (in shares) at Dec. 31, 2013 196,139,045   196,139,045   625,850      
Increase (Decrease) in Stockholders' Equity                
Proceeds from public offering of common stock 564,695 564,695 253 564,442        
Proceeds from public offering of common stock (in shares)     25,300,000          
Proceeds from ATM Agreement 18,346 18,346 8 18,338        
Proceeds from ATM Agreement (in shares)     759,000          
Proceeds from DRIP Plan 12 12   12        
Proceeds from DRIP Plan (in shares)     481          
Equity offering costs (1,636) (1,636)   (1,636)        
Stock-based compensation 14,731 14,731 7 14,724        
Stock-based compensation (in shares)     735,014          
Manager incentive fee paid in stock 6,962 6,962 3 6,959        
Manager incentive fee paid in stock (in shares)     290,604          
Net income 241,263 238,469       238,469   2,794
Dividends declared, $0.90 and $0.48 per share for period ended June 30, 2013 and 2014, respectively (203,436) (203,436)       (203,436)    
Spin-off of SWAY (1,120,337) (1,118,743)   (1,118,743)       (1,594)
Other comprehensive income (loss), net (487) (487)         (487)  
VIE non-controlling interests 996             996
Distribution to non-controlling interests (33,409)             (33,409)
Balance at Jun. 30, 2014 $ 3,814,833 $ 3,801,441 $ 2,232 $ 3,784,575 $ (10,642) $ (49,686) $ 74,962 $ 13,392
Balance (in shares) at Jun. 30, 2014 223,224,144   223,224,144   625,850