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Condensed Consolidated Statements of Equity - USD ($)
$ in Thousands
Total Starwood Property Trust, Inc. Stockholders' Equity
Common stock
Additional Paid-In Capital
Treasury Stock
Accumulated Deficit
Accumulated Other Comprehensive Income
Non-Controlling Interests
Total
Balance at Dec. 31, 2018 $ 4,603,432 $ 2,808 $ 4,995,156 $ (104,194) $ (348,998) $ 58,660 $ 296,757 $ 4,900,189
Balance (in shares) at Dec. 31, 2018   280,839,692   5,180,140        
Increase (Decrease) in Stockholders' Equity                
Proceeds from DRIP Plan 379   379         379
Proceeds from DRIP Plan (in shares)   17,136            
Redemption of Class A Units for common stock 16,373 $ 8 16,365       (16,373) 16,373
Redemption of Class A Units for common stock (in shares)   754,345            
Equity offering costs (8)   (8)         (8)
Conversion of 2019 Convertible Notes 67,562 $ 36 67,526         67,562
Conversion of 2019 Convertible Notes (Shares)   3,611,918            
Share-based compensation 13,388 $ 7 13,381         13,388
Share-based compensation (in shares)   732,907            
Manager fees paid in stock 10,977 $ 5 10,972         10,977
Manager fee paid in stock (in shares)   495,363            
Net income 197,399       197,399   11,555 208,954
Dividends declared (270,259)       (270,259)     (270,259)
Other comprehensive income (loss), net (1,536)         (1,536)   (1,536)
VIE non-controlling interests             (177) (177)
Contributions from non-controlling interests             4,636 4,636
Distributions to non-controlling interests             (30,854) (30,854)
Balance at Jun. 30, 2019 4,637,707 $ 2,864 5,103,771 $ (104,194) (421,858) 57,124 265,544 4,903,251
Balance (in shares) at Jun. 30, 2019   286,451,361   5,180,140        
Balance at Mar. 31, 2019 4,621,079 $ 2,855 5,080,173 $ (104,194) (413,553) 55,798 295,888 4,916,967
Balance (in shares) at Mar. 31, 2019   285,481,485   5,180,140        
Increase (Decrease) in Stockholders' Equity                
Proceeds from DRIP Plan 212   212         212
Proceeds from DRIP Plan (in shares)   9,311            
Redemption of Class A Units for common stock 16,373 $ 8 16,365       (16,373)  
Redemption of Class A Units for common stock (in shares)   754,345            
Equity offering costs (3)   (3)         (3)
Share-based compensation 7,025 $ 1 7,024         7,025
Share-based compensation (in shares)   206,220            
Net income 127,016       127,016   5,430 132,446
Dividends declared (135,321)       (135,321)     (135,321)
Other comprehensive income (loss), net 1,326         1,326   1,326
VIE non-controlling interests             (40) (40)
Contributions from non-controlling interests             4,541 4,541
Distributions to non-controlling interests             (23,902) (23,902)
Balance at Jun. 30, 2019 4,637,707 $ 2,864 5,103,771 $ (104,194) (421,858) 57,124 265,544 4,903,251
Balance (in shares) at Jun. 30, 2019   286,451,361   5,180,140        
Balance at Dec. 31, 2019 4,700,425 $ 2,874 5,132,532 $ (104,194) (381,719) 50,932 436,589 $ 5,137,014
Balance (in shares) at Dec. 31, 2019   287,380,891   5,180,140       287,380,891
Increase (Decrease) in Stockholders' Equity                
Proceeds from DRIP Plan 369   369         $ 369
Proceeds from DRIP Plan (in shares)   25,031            
Redemption of Class A Units for common stock 8,538 $ 4 8,534       (8,538) 8,538
Redemption of Class A Units for common stock (in shares)   409,712            
Equity offering costs (15)   (15)         (15)
Common stock repurchased (28,830)     $ (28,830)       $ (28,830)
Common stock repurchased (in shares)       1,925,421       1,925,421
Share-based compensation 16,144 $ 14 16,130         $ 16,144
Share-based compensation (in shares)   1,336,217            
Manager fees paid in stock 36,046 $ 24 36,022         36,046
Manager fee paid in stock (in shares)   2,421,232            
Net income 72,887       72,887   13,805 86,692
Dividends declared (272,975)       (272,975)     (272,975)
Other comprehensive income (loss), net (8,066)         (8,066)   (8,066)
VIE non-controlling interests             (2,189) (2,189)
Contributions from non-controlling interests             9,406 9,406
Distributions to non-controlling interests             (76,514) (76,514)
Balance at Jun. 30, 2020 4,492,237 $ 2,916 5,193,572 $ (133,024) (614,093) 42,866 372,559 $ 4,864,796
Balance (in shares) at Jun. 30, 2020   291,573,083   7,105,561       291,573,083
Balance at Mar. 31, 2020 4,448,058 $ 2,894 5,159,069 $ (133,024) (616,765) 35,884 369,293 $ 4,817,351
Balance (in shares) at Mar. 31, 2020   289,349,439   7,105,561        
Increase (Decrease) in Stockholders' Equity                
Proceeds from DRIP Plan 216   216         216
Proceeds from DRIP Plan (in shares)   17,313            
Equity offering costs (1)   (1)         (1)
Share-based compensation 7,344 $ 2 7,342         7,344
Share-based compensation (in shares)   141,009            
Manager fees paid in stock 26,966 $ 20 26,946         26,966
Manager fee paid in stock (in shares)   2,065,322            
Net income 139,656       139,656   13,305 152,961
Dividends declared (136,984)       (136,984)     (136,984)
Other comprehensive income (loss), net 6,982         6,982   6,982
VIE non-controlling interests             (1) (1)
Distributions to non-controlling interests             (10,038) (10,038)
Balance at Jun. 30, 2020 4,492,237 $ 2,916 $ 5,193,572 $ (133,024) (614,093) $ 42,866 $ 372,559 $ 4,864,796
Balance (in shares) at Jun. 30, 2020   291,573,083   7,105,561       291,573,083
Increase (Decrease) in Stockholders' Equity                
Cumulative effect of credit loss accounting standard effective January 1, 2020 $ (32,286)       $ (32,286)     $ (32,286)