Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Assets:
Cash and cash equivalents	$ 217,362	$ 563,217
Restricted cash	104,552	158,945
Loans held-for-investment, net of credit loss allowances of $67,270 and $77,444 ($59,225 and $90,684 held at fair value)	15,536,849	11,087,073
Loans held-for-sale ($2,876,800 and $932,295 held at fair value)	2,876,800	1,052,835
Investment securities, net of credit loss allowances of $8,610 and $5,675 ($177,848 and $198,053 held at fair value)	860,984	736,658
Properties, net	1,166,387	2,271,153
Investments in unconsolidated entities	90,097	108,054
Goodwill	259,846	259,846
Intangible assets ($16,780 and $13,202 held at fair value)	63,564	70,117
Derivative assets	48,216	40,555
Accrued interest receivable	116,262	95,980
Other assets	188,626	190,748
Variable interest entity (“VIE”) assets, at fair value	61,280,543	64,238,328
Total Assets	83,850,397	80,873,509
Liabilities:
Accounts payable, accrued expenses and other liabilities	189,696	206,845
Related-party payable	76,371	39,170
Dividends payable	147,624	137,959
Derivative liabilities	13,421	41,324
Secured financing agreements, net	12,576,850	10,146,190
Collateralized loan obligations and single asset securitization, net	2,616,116	930,554
Unsecured senior notes, net	1,828,590	1,732,520
VIE liabilities, at fair value	59,752,922	62,776,371
Total Liabilities	77,201,590	76,010,933
Commitments and contingencies (Note 23)
Temporary Equity: Redeemable non-controlling interests	214,915	0
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, 312,268,944 issued and 304,820,253 outstanding as of December 31, 2021 and 292,091,601 issued and 284,642,910 outstanding as of December 31, 2020	3,123	2,921
Additional paid-in capital	5,673,376	5,209,739
Treasury stock (7,448,691 shares)	(138,022)	(138,022)
Accumulated other comprehensive income	40,953	43,993
Retained earnings (accumulated deficit)	493,106	(629,733)
Total Starwood Property Trust, Inc. Stockholders’ Equity	6,072,536	4,488,898
Non-controlling interests in consolidated subsidiaries	361,356	373,678
Total Permanent Equity	6,433,892	4,862,576
Total Liabilities and Equity	83,850,397	80,873,509
Primary beneficiary
Assets:
Investments, fair value	1,040,309	$ 0
Total Assets	102,400
Liabilities:
Total Liabilities	$ 53,500