Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Assets:
Cash and cash equivalents	$ 404,820	$ 368,815
Restricted cash	41,131	23,069
Loans held-for-investment, net	5,693,452	5,973,079
Loans held-for-sale at fair value	237,106	203,865
Loans transferred as secured borrowings	93,268	86,573
Investment securities ($378,461 and $403,703 held at fair value)	898,803	724,947
Properties, net	1,232,855	919,225
Intangible assets ($83,301 and $119,698 held at fair value)	177,053	201,570
Investment in unconsolidated entities	200,541	199,201
Goodwill	140,437	140,437
Derivative assets	42,692	45,091
Accrued interest receivable	30,036	34,314
Other assets	118,050	102,479
Variable interest entity ("VIE") assets, at fair value	80,076,117	76,675,689
Total Assets	89,386,361	85,698,354
Liabilities:
Accounts payable, accrued expenses and other liabilities	140,612	156,805
Related-party payable	20,318	40,955
Dividends payable	115,013	114,947
Derivative liabilities	17,870	5,196
Secured financing agreements, net	4,476,221	3,980,699
Convertible senior notes, net	1,334,424	1,323,795
Secured borrowings on transferred loans	94,668	88,000
VIE liabilities, at fair value	79,087,142	75,817,014
Total Liabilities	85,286,268	81,527,411
Commitments and contingencies (Note 21)
Starwood Property Trust, Inc. Stockholders' Equity:
Preferred stock, $0.01 per share, 100,000,000 shares authorized, no shares issued and outstanding
Common stock, $0.01 per share, 500,000,000 shares authorized, 242,653,861 issued and 238,046,976 outstanding as of June 30, 2016 and 241,044,775 issued and 237,490,779 outstanding as of December 31, 2015	2,427	2,410
Additional paid-in capital	4,220,887	4,192,844
Treasury stock (4,606,885 shares and 3,553,996 shares)	(92,104)	(72,381)
Accumulated other comprehensive income	32,627	29,729
Accumulated deficit	(103,373)	(12,286)
Total Starwood Property Trust, Inc. Stockholders' Equity	4,060,464	4,140,316
Non-controlling interests in consolidated subsidiaries	39,629	30,627
Total Equity	4,100,093	4,170,943
Total Liabilities and Equity	$ 89,386,361	$ 85,698,354