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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Revenues:    
Interest income from loans $ 117,532 $ 118,429
Interest income from investment securities 19,403 27,744
Servicing fees 24,691 28,257
Rental income 32,677 2,672
Other revenues 1,190 1,747
Total revenues 195,493 178,849
Costs and expenses:    
Management fees 24,963 27,968
Interest expense 56,520 50,534
General and administrative 32,798 35,264
Acquisition and investment pursuit costs 1,285 1,186
Costs of rental operations 12,655 1,698
Depreciation and amortization 18,760 4,085
Loan loss allowance, net (761) 317
Other expense 100 375
Total costs and expenses 146,320 121,427
Income before other income (loss), income taxes and non-controlling interests 49,173 57,422
Other income (loss):    
Change in net assets related to consolidated VIEs (4,167) 47,861
Change in fair value of servicing rights (6,739) (1,542)
Change in fair value of investment securities, net 753 (499)
Change in fair value of mortgage loans held-for-sale, net 6,891 21,131
Earnings from unconsolidated entities 4,065 6,090
Gain on sale of investments and other assets, net 245 17,198
(Loss) gain on derivative financial instruments, net (24,718) 24,623
Foreign currency loss, net (378) $ (30,307)
Total other-than-temporary impairment ("OTTI") (54)
Noncredit portion of OTTI recognized in other comprehensive income 54  
Loss on extinguishment of debt   $ (5,292)
Other income, net 2,015 45
Total other income (loss) (22,033) 79,308
Income before income taxes 27,140 136,730
Income tax provision (94) (15,951)
Net income 27,046 120,779
Net income attributable to non-controlling interests (389) (416)
Net income attributable to Starwood Property Trust, Inc. $ 26,657 $ 120,363
Earnings per share data attributable to Starwood Property Trust, Inc.:    
Basic (in dollars per share) $ 0.11 $ 0.53
Diluted (in dollars per share) 0.11 0.52
Dividends declared per common share (in dollars per share) $ 0.48 $ 0.48