Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Assets:
Cash and cash equivalents	$ 334,288	$ 239,824
Restricted cash	181,910	248,041
Loans held-for-investment, net	8,764,216	8,532,356
Loans held-for-sale ($1,372,398 and $671,282 held at fair value)	1,586,899	1,187,552
Loans transferred as secured borrowings		74,346
Investment securities ($257,409 and $262,319 held at fair value)	849,572	906,468
Properties, net	2,771,960	2,784,890
Intangible assets ($18,874 and $20,557 held at fair value)	129,477	145,033
Investment in unconsolidated entities	119,876	171,765
Goodwill	259,846	259,846
Derivative assets	53,676	52,691
Accrued interest receivable	61,380	60,355
Other assets	166,655	152,922
Variable interest entity ("VIE") assets, at fair value	57,667,606	53,446,364
Total Assets	72,947,361	68,262,453
Liabilities:
Accounts payable, accrued expenses and other liabilities	221,434	217,663
Related-party payable	21,144	44,043
Dividends payable	136,424	133,466
Derivative liabilities	8,891	15,415
Secured financing agreements, net	9,284,887	8,683,565
Unsecured senior notes, net	1,924,711	1,998,831
Secured borrowings on transferred loans, net		74,239
VIE liabilities, at fair value	56,446,619	52,195,042
Total Liabilities	68,044,110	63,362,264
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, 286,451,361 issued and 281,271,221 outstanding as of June 30, 2019 and 280,839,692 issued and 275,659,552 outstanding as of December 31, 2018	2,864	2,808
Additional paid-in capital	5,103,771	4,995,156
Treasury stock (5,180,140 shares)	(104,194)	(104,194)
Accumulated other comprehensive income	57,124	58,660
Accumulated deficit	(421,858)	(348,998)
Total Starwood Property Trust, Inc. Stockholders' Equity	4,637,707	4,603,432
Non-controlling interests in consolidated subsidiaries	265,544	296,757
Total Equity	4,903,251	4,900,189
Total Liabilities and Equity	$ 72,947,361	$ 68,262,453