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Segment Data - Results of Operations (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues:        
Interest income from loans $ 328,354 $ 203,252 $ 823,123 $ 583,099
Interest income from investment securities 19,019 10,697 48,308 32,955
Servicing fees 8,427 10,473 30,972 29,739
Rental income 32,932 77,512 96,036 230,969
Other revenues 1,809 352 11,680 3,621
Total revenues 390,541 302,286 1,010,119 880,383
Costs and expenses:        
Management fees 27,356 23,727 114,275 91,713
Interest expense 222,423 115,531 501,492 328,558
General and administrative 45,495 38,864 134,821 122,765
Acquisition and investment pursuit costs 1,213 214 2,152 806
Costs of rental operations 12,206 31,516 32,094 90,992
Depreciation and amortization 12,611 22,041 36,498 66,992
Credit loss provision (reversal), net 15,343 (563) 20,123 (12,363)
Other expense 0 23 1,313 708
Total costs and expenses 336,647 231,353 842,768 690,171
Other income (loss):        
Change in net assets related to consolidated VIEs 37,146 28,049 72,268 80,303
Change in fair value of servicing rights 515 2,237 1,234 2,740
Change in fair value of investment securities, net (83) (299) (1,683) 903
Change in fair value of mortgage loans, net (87,474) 31,727 (326,737) 68,116
(Loss) earnings from unconsolidated entities (2,044) 2,042 911 6,002
Gain (loss) on sale of investments and other assets, net 13,453 (47) 112,059 26,377
Gain (loss) on derivative financial instruments, net 206,070 41,812 461,921 65,792
Foreign currency (loss) gain, net (107,318) (27,003) (213,201) (36,057)
Loss on extinguishment of debt (212) (499) (1,035) (2,197)
Contingency expense (56,391) (964) (90,963) (6,416)
Total other income 121,189 77,055 673,507 205,563
Income before income taxes 175,083 147,988 840,858 395,775
Income tax (provision) benefit 48,755 (7,501) 48,999 (6,378)
Net income 223,838 140,487 889,857 389,397
Net income attributable to non-controlling interests (29,276) (11,885) (158,409) (33,107)
Net income attributable to Starwood Property Trust, Inc. 194,562 128,602 731,448 356,290
Primary beneficiary        
Other income (loss):        
Income from affordable housing fund investments 117,527 0 658,733 0
Operating Segments and Corporate        
Revenues:        
Interest income from loans 328,354 203,252 823,123 583,099
Interest income from investment securities 57,349 41,723 151,075 125,025
Servicing fees 11,972 15,546 41,937 44,601
Rental income 32,932 77,512 96,036 230,969
Other revenues 1,812 352 11,692 3,621
Total revenues 432,419 338,385 1,123,863 987,315
Costs and expenses:        
Management fees 27,356 23,727 114,275 91,692
Interest expense 222,640 115,752 502,139 329,190
General and administrative 45,409 38,792 134,556 122,521
Acquisition and investment pursuit costs 1,213 214 2,152 806
Costs of rental operations 12,206 31,516 32,094 90,992
Depreciation and amortization 12,611 22,041 36,498 66,992
Credit loss provision (reversal), net 15,343 (563) 20,123 (12,363)
Other expense   23 1,313 708
Total costs and expenses 336,778 231,502 843,150 690,538
Other income (loss):        
Change in net assets related to consolidated VIEs 0 0 0 0
Change in fair value of servicing rights 357 (410) 683 795
Change in fair value of investment securities, net (5,014) (5,812) (43,872) (22,679)
Change in fair value of mortgage loans, net (87,474) 31,727 (326,737) 68,116
(Loss) earnings from unconsolidated entities (1,550) 2,218 2,534 5,725
Gain (loss) on sale of investments and other assets, net 13,453 (47) 112,059 26,377
Gain (loss) on derivative financial instruments, net 206,070 41,812 461,921 65,792
Foreign currency (loss) gain, net (107,318) (27,003) (213,201) (36,057)
Loss on extinguishment of debt (212) (499) (1,035) (2,197)
Contingency expense (56,391) (964) (90,988) (6,416)
Total other income 79,448 41,022 560,097 99,456
Income before income taxes 175,089 147,905 840,810 396,233
Income tax (provision) benefit 48,755 (7,501) 48,999 (6,378)
Net income 223,844 140,404 889,809 389,855
Net income attributable to non-controlling interests (29,282) (11,802) (158,361) (33,565)
Net income attributable to Starwood Property Trust, Inc. 194,562 128,602 731,448 356,290
Operating Segments and Corporate | Primary beneficiary        
Other income (loss):        
Income from affordable housing fund investments 117,527   658,733  
Operating segment | Loan Transfers Accounted for as Sales        
Revenues:        
Interest income from loans 284,197 179,486 714,222 515,776
Interest income from investment securities 28,560 16,043 71,987 51,618
Servicing fees 142 99 420 333
Rental income 1,944 1,358 4,674 4,116
Other revenues 138 59 251 223
Total revenues 314,981 197,045 791,554 572,066
Costs and expenses:        
Management fees 227 286 758 901
Interest expense 145,107 52,066 301,935 144,717
General and administrative 16,458 9,178 39,905 30,922
Acquisition and investment pursuit costs 1,164 158 2,401 522
Costs of rental operations 2,633 438 4,978 1,348
Depreciation and amortization 1,629 312 3,106 930
Credit loss provision (reversal), net 8,401 19 13,027 (12,957)
Other expense   0 1,251 31
Total costs and expenses 175,619 62,457 367,361 166,414
Other income (loss):        
Change in net assets related to consolidated VIEs 0 0 0 0
Change in fair value of servicing rights 0 0 0 0
Change in fair value of investment securities, net 16,398 (8,682) (5,019) (20,134)
Change in fair value of mortgage loans, net (90,159) 22,464 (327,743) 24,079
(Loss) earnings from unconsolidated entities (4,044) 1,666 (2,598) 5,415
Gain (loss) on sale of investments and other assets, net (288) (47) 86,460 16,627
Gain (loss) on derivative financial instruments, net 220,296 38,016 465,831 59,212
Foreign currency (loss) gain, net (107,087) (26,820) (212,672) (35,699)
Loss on extinguishment of debt 0 0 (206) (289)
Contingency expense (56,391) (964) (90,988) (6,468)
Total other income (21,275) 25,633 (86,935) 42,743
Income before income taxes 118,087 160,221 337,258 448,395
Income tax (provision) benefit 53,099 (5,652) 57,682 886
Net income 171,186 154,569 394,940 449,281
Net income attributable to non-controlling interests (3) (3) (10) (10)
Net income attributable to Starwood Property Trust, Inc. 171,183 154,566 394,930 449,271
Operating segment | Loan Transfers Accounted for as Sales | Primary beneficiary        
Other income (loss):        
Income from affordable housing fund investments 0   0  
Operating segment | Infrastructure Lending Segment        
Revenues:        
Interest income from loans 43,018 21,566 100,097 61,545
Interest income from investment securities 1,204 540 3,124 1,659
Servicing fees 0 0 0 0
Rental income 0 0 0 0
Other revenues 129 66 287 228
Total revenues 44,351 22,172 103,508 63,432
Costs and expenses:        
Management fees 0 0 0 0
Interest expense 22,500 9,381 49,431 27,916
General and administrative 3,588 3,307 10,730 10,281
Acquisition and investment pursuit costs 2 0 3 249
Costs of rental operations 0 0 0 0
Depreciation and amortization 101 101 310 301
Credit loss provision (reversal), net 6,942 (582) 7,096 594
Other expense   0 0 0
Total costs and expenses 33,133 12,207 67,570 39,341
Other income (loss):        
Change in net assets related to consolidated VIEs 0 0 0 0
Change in fair value of servicing rights 0 0 0 0
Change in fair value of investment securities, net 0 0 0 0
Change in fair value of mortgage loans, net 0 0 0 0
(Loss) earnings from unconsolidated entities 1,892 399 2,631 75
Gain (loss) on sale of investments and other assets, net 0 0 0 27
Gain (loss) on derivative financial instruments, net 331 87 1,228 883
Foreign currency (loss) gain, net (253) (168) (570) (279)
Loss on extinguishment of debt 0 (18) (469) (1,264)
Contingency expense 0 0 0 23
Total other income 1,970 300 2,820 (535)
Income before income taxes 13,188 10,265 38,758 23,556
Income tax (provision) benefit 2 488 7 338
Net income 13,190 10,753 38,765 23,894
Net income attributable to non-controlling interests 0 0 0 0
Net income attributable to Starwood Property Trust, Inc. 13,190 10,753 38,765 23,894
Operating segment | Infrastructure Lending Segment | Primary beneficiary        
Other income (loss):        
Income from affordable housing fund investments 0   0  
Operating segment | Property Segment        
Revenues:        
Interest income from loans 0 0 0 0
Interest income from investment securities 0 0 0 0
Servicing fees 0 0 0 0
Rental income 22,886 66,673 67,879 197,187
Other revenues 54 54 152 138
Total revenues 22,940 66,727 68,031 197,325
Costs and expenses:        
Management fees 0 0 0 0
Interest expense 9,266 17,002 22,421 49,697
General and administrative 933 913 2,964 2,964
Acquisition and investment pursuit costs 0 0 7 0
Costs of rental operations 5,793 26,634 16,010 76,516
Depreciation and amortization 8,161 17,882 24,559 53,883
Credit loss provision (reversal), net 0 0 0 0
Other expense   0 55 583
Total costs and expenses 24,153 62,431 66,016 183,643
Other income (loss):        
Change in net assets related to consolidated VIEs 0 0 0 0
Change in fair value of servicing rights 0 0 0 0
Change in fair value of investment securities, net 0 0 0 0
Change in fair value of mortgage loans, net 0 0 0 0
(Loss) earnings from unconsolidated entities 0 0 0 0
Gain (loss) on sale of investments and other assets, net 0 0 0 0
Gain (loss) on derivative financial instruments, net 10,262 (318) 33,162 4,034
Foreign currency (loss) gain, net 22 (16) 41 (16)
Loss on extinguishment of debt 0 0 0 (141)
Contingency expense 0 0 0 0
Total other income 127,811 (334) 691,936 3,877
Income before income taxes 126,598 3,962 693,951 17,559
Income tax (provision) benefit 0 0 0 0
Net income 126,598 3,962 693,951 17,559
Net income attributable to non-controlling interests (28,486) (4,691) (148,379) (14,682)
Net income attributable to Starwood Property Trust, Inc. 98,112 (729) 545,572 2,877
Operating segment | Property Segment | Primary beneficiary        
Other income (loss):        
Income from affordable housing fund investments 117,527   658,733  
Operating segment | Investing and Servicing Segment        
Revenues:        
Interest income from loans 1,139 2,200 8,804 5,778
Interest income from investment securities 27,585 25,140 75,964 71,748
Servicing fees 11,830 15,447 41,517 44,268
Rental income 8,102 9,481 23,483 29,666
Other revenues 1,491 173 10,999 3,032
Total revenues 50,147 52,441 160,767 154,492
Costs and expenses:        
Management fees 0 (1,239) 0 (793)
Interest expense 6,601 5,652 19,202 16,890
General and administrative 20,046 21,022 66,603 65,182
Acquisition and investment pursuit costs 47 56 (259) 35
Costs of rental operations 3,780 4,444 11,106 13,128
Depreciation and amortization 2,720 3,746 8,523 11,878
Credit loss provision (reversal), net 0 0 0 0
Other expense   23 7 94
Total costs and expenses 33,194 33,704 105,182 106,414
Other income (loss):        
Change in net assets related to consolidated VIEs 0 0 0 0
Change in fair value of servicing rights 357 (410) 683 795
Change in fair value of investment securities, net (21,412) 2,870 (38,853) (2,545)
Change in fair value of mortgage loans, net 2,685 9,263 1,006 44,037
(Loss) earnings from unconsolidated entities 602 153 2,501 235
Gain (loss) on sale of investments and other assets, net 13,741 0 25,599 9,723
Gain (loss) on derivative financial instruments, net 6,849 3,992 43,719 7,544
Foreign currency (loss) gain, net 0 1 0 (63)
Loss on extinguishment of debt (212) 0 (360) (22)
Contingency expense 0 0 0 29
Total other income 2,610 15,869 34,295 59,733
Income before income taxes 19,563 34,606 89,880 107,811
Income tax (provision) benefit (4,346) (2,337) (8,690) (7,602)
Net income 15,217 32,269 81,190 100,209
Net income attributable to non-controlling interests (793) (7,108) (9,972) (18,873)
Net income attributable to Starwood Property Trust, Inc. 14,424 25,161 71,218 81,336
Operating segment | Investing and Servicing Segment | Primary beneficiary        
Other income (loss):        
Income from affordable housing fund investments 0   0  
Corporate        
Revenues:        
Interest income from loans 0 0 0 0
Interest income from investment securities 0 0 0 0
Servicing fees 0 0 0 0
Rental income 0 0 0 0
Other revenues 0 0 3 0
Total revenues 0 0 3 0
Costs and expenses:        
Management fees 27,129 24,680 113,517 91,584
Interest expense 39,166 31,651 109,150 89,970
General and administrative 4,384 4,372 14,354 13,172
Acquisition and investment pursuit costs 0 0 0 0
Costs of rental operations 0 0 0 0
Depreciation and amortization 0 0 0 0
Credit loss provision (reversal), net 0 0 0 0
Other expense   0 0 0
Total costs and expenses 70,679 60,703 237,021 194,726
Other income (loss):        
Change in net assets related to consolidated VIEs 0 0 0 0
Change in fair value of servicing rights 0 0 0 0
Change in fair value of investment securities, net 0 0 0 0
Change in fair value of mortgage loans, net 0 0 0 0
(Loss) earnings from unconsolidated entities 0 0 0 0
Gain (loss) on sale of investments and other assets, net 0 0 0 0
Gain (loss) on derivative financial instruments, net (31,668) 35 (82,019) (5,881)
Foreign currency (loss) gain, net 0 0 0 0
Loss on extinguishment of debt 0 (481) 0 (481)
Contingency expense 0 0 0 0
Total other income (31,668) (446) (82,019) (6,362)
Income before income taxes (102,347) (61,149) (319,037) (201,088)
Income tax (provision) benefit 0 0 0 0
Net income (102,347) (61,149) (319,037) (201,088)
Net income attributable to non-controlling interests 0 0 0 0
Net income attributable to Starwood Property Trust, Inc. (102,347) (61,149) (319,037) (201,088)
Corporate | Primary beneficiary        
Other income (loss):        
Income from affordable housing fund investments 0   0  
Securitization VIEs        
Revenues:        
Interest income from loans 0 0 0 0
Interest income from investment securities (38,330) (31,026) (102,767) (92,070)
Servicing fees (3,545) (5,073) (10,965) (14,862)
Rental income 0 0 0 0
Other revenues (3) 0 (12) 0
Total revenues (41,878) (36,099) (113,744) (106,932)
Costs and expenses:        
Management fees 0 0 0 21
Interest expense (217) (221) (647) (632)
General and administrative 86 72 265 244
Acquisition and investment pursuit costs 0 0 0 0
Costs of rental operations 0 0 0 0
Depreciation and amortization 0 0 0 0
Credit loss provision (reversal), net 0 0 0 0
Other expense   0 0 0
Total costs and expenses (131) (149) (382) (367)
Other income (loss):        
Change in net assets related to consolidated VIEs 37,146 28,049 72,268 80,303
Change in fair value of servicing rights 158 2,647 551 1,945
Change in fair value of investment securities, net 4,931 5,513 42,189 23,582
Change in fair value of mortgage loans, net 0 0 0 0
(Loss) earnings from unconsolidated entities (494) (176) (1,623) 277
Gain (loss) on sale of investments and other assets, net 0 0 0 0
Gain (loss) on derivative financial instruments, net 0 0 0 0
Foreign currency (loss) gain, net 0 0 0 0
Loss on extinguishment of debt 0 0 0 0
Contingency expense 0 0 25 0
Total other income 41,741 36,033 113,410 106,107
Income before income taxes (6) 83 48 (458)
Income tax (provision) benefit 0 0 0 0
Net income (6) 83 48 (458)
Net income attributable to non-controlling interests 6 (83) (48) 458
Net income attributable to Starwood Property Trust, Inc. 0 $ 0 0 $ 0
Securitization VIEs | Primary beneficiary        
Other income (loss):        
Income from affordable housing fund investments $ 0   $ 0