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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Assets:    
Cash and cash equivalents $ 254,567 $ 563,217
Restricted cash 106,009 158,945
Loans held-for-investment, net of credit loss allowances of $59,825 and $77,444 ($142,706 and $90,684 held at fair value) 12,763,372 11,087,073
Loans held-for-sale ($875,802 and $932,295 held at fair value) 961,677 1,052,835
Investment securities, net of credit loss allowances of $4,929 and $5,675 ($185,549 and $198,053 held at fair value) 673,566 736,658
Properties, net 2,243,569 2,271,153
Intangible assets ($13,705 and $13,202 held at fair value) 65,193 70,117
Investment in unconsolidated entities 96,789 108,054
Goodwill 259,846 259,846
Derivative assets 35,615 40,555
Accrued interest receivable 113,800 95,980
Other assets 241,503 190,748
Total Assets 81,309,302 80,873,509
Liabilities:    
Accounts payable, accrued expenses and other liabilities 182,226 206,845
Related-party payable 26,431 39,170
Dividends payable 139,457 137,959
Derivative liabilities 33,061 41,324
Secured financing agreements, net 9,932,662 10,146,190
Collateralized loan obligations, net 2,404,672 930,554
Unsecured senior notes, net 1,737,383 1,732,520
Total Liabilities 76,457,602 76,010,933
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 0 0
Common stock, $0.01 per share, 500,000,000 shares authorized, 295,257,898 issued and 287,809,207 outstanding as of June 30, 2021 and 292,091,601 issued and 284,642,910 outstanding as of December 31, 2020 2,952 2,921
Additional paid-in capital 5,248,490 5,209,739
Treasury stock (7,448,691 shares) (138,022) (138,022)
Accumulated other comprehensive income 41,310 43,993
Accumulated deficit (677,375) (629,733)
Total Starwood Property Trust, Inc. Stockholders’ Equity 4,477,355 4,488,898
Non-controlling interests in consolidated subsidiaries 374,345 373,678
Total Equity 4,851,700 4,862,576
Total Liabilities and Equity 81,309,302 80,873,509
Primary beneficiary    
Assets:    
Total Assets 63,493,796 64,238,328
Liabilities:    
Total Liabilities $ 62,001,710 $ 62,776,371