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Earnings per Share (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Basic Earnings    
Income attributable to STWD common stockholders $ 51,974 $ 324,599
Less: Income attributable to participating shares not already deducted as non-controlling interests (1,811) (8,869)
Basic earnings 50,163 315,730
Diluted Earnings    
Income attributable to STWD common stockholders 51,974 324,599
Less: Income attributable to participating shares not already deducted as non-controlling interests (1,811) (8,869)
Add: Undistributed earnings to participating shares 0 7,342
Less: Undistributed earnings reallocated to participating shares 0 (7,109)
Diluted earnings $ 50,163 $ 318,867
Number of Shares:    
Basic - Average shares outstanding (in shares) 308,408 302,944
Effect of dilutive securities - Contingently issuable shares (in shares) 357 605
Effect of dilutive securities - Unvested non-participating shares (in shares) 231 131
Diluted - Average shares outstanding (in shares) 308,996 313,329
Earnings Per Share Attributable to STWD Common Stockholders:    
Basic (in dollars per share) $ 0.16 $ 1.04
Diluted (in dollars per share) $ 0.16 $ 1.02
Unamortized discount—Convertible Notes    
Diluted Earnings    
Add: Interest expense on Convertible Notes $ 0 $ 2,904
Number of Shares:    
Effect of dilutive securities - Convertible Notes (in shares) 0 9,649