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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Revenues:    
Interest income from loans $ 111,883 $ 117,532
Interest income from investment securities 15,224 19,403
Servicing fees 14,102 24,691
Rental income 57,042 32,677
Other revenues 469 1,190
Total revenues 198,720 195,493
Costs and expenses:    
Management fees 24,384 24,963
Interest expense 65,860 56,520
General and administrative 30,429 32,798
Acquisition and investment pursuit costs 671 1,285
Costs of rental operations 20,878 12,655
Depreciation and amortization 22,228 18,760
Loan loss allowance, net (305) (761)
Other expense 758 100
Total costs and expenses 164,903 146,320
Income before other income (loss), income taxes and non-controlling interests 33,817 49,173
Other income (loss):    
Change in net assets related to consolidated VIEs 69,170 (4,167)
Change in fair value of servicing rights (8,433) (6,739)
Change in fair value of investment securities, net (1,171) 753
Change in fair value of mortgage loans held-for-sale, net 10,593 6,891
Earnings from unconsolidated entities 2,987 4,065
(Loss) gain on sale of investments and other assets, net (56) 245
Loss on derivative financial instruments, net (4,349) (24,718)
Foreign currency gain (loss), net 4,864 (378)
Total other-than-temporary impairment ("OTTI") 54
Noncredit portion of OTTI recognized in other comprehensive income   54
Loss on extinguishment of debt (5,916)  
Other income, net 365 2,015
Total other income (loss) 68,054 (22,033)
Income before income taxes 101,871 27,140
Income tax benefit (provision) 983 (94)
Net income 102,854 27,046
Net income attributable to non-controlling interests (496) (389)
Net income attributable to Starwood Property Trust, Inc. $ 102,358 $ 26,657
Basic:    
Basic (in dollars per share) $ 0.39 $ 0.11
Diluted:    
Diluted (in dollars per share) 0.39 0.11
Dividends declared per common share (in dollars per share) $ 0.48 $ 0.48