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Condensed Consolidated Statements of Equity (Unaudited) - USD ($)
$ in Thousands
Total
Total Starwood Property Trust, Inc. Stockholders’ Equity
Common stock
Additional Paid-in Capital
Treasury Stock​
Retained Earnings
Accumulated Other Comprehensive Income
Non- Controlling Interests
Beginning balance at Dec. 31, 2021 $ 214,915              
Increase (Decrease) in Temporary Equity [Roll Forward]                
Net income 134,298              
Distributions to non-controlling interests (4,840)              
Ending balance at Sep. 30, 2022 344,373              
Beginning balance (in shares) at Dec. 31, 2021     312,268,944          
Beginning balance at Dec. 31, 2021 6,433,892 $ 6,072,536 $ 3,123 $ 5,673,376 $ (138,022) $ 493,106 $ 40,953 $ 361,356
Beginning balance (in shares) at Dec. 31, 2021         7,448,691      
Increase (Decrease) in Stockholders' Equity                
Proceeds from ATM Agreement (in shares)     1,415,564          
Proceeds from ATM Agreement 33,321 33,321 $ 14 33,307        
Proceeds from DRIP Plan (in shares)     33,037          
Proceeds from DRIP Plan 770 770   770        
Proceeds from employee stock purchase plan (in shares)     34,625          
Proceeds from employee stock purchase plan 625 625   625        
Equity offering costs (756) (756)   (756)        
Share-based compensation (in shares)     1,455,814          
Share-based compensation 29,703 29,703 $ 15 29,688        
Manager fee paid in stock (in shares)     1,824,330          
Manager fees paid in stock 42,695 42,695 $ 18 42,677        
Net income 755,559 731,448       731,448   24,111
Dividends declared (445,366) (445,366)       (445,366)    
Other comprehensive loss, net (18,177) (18,177)         (18,177)  
Contributions from non-controlling interests 21,926             21,926
Distributions to non-controlling interests (33,007)             (33,007)
Ending balance (in shares) at Sep. 30, 2022     317,032,314          
Ending balance at Sep. 30, 2022 6,821,185 6,446,799 $ 3,170 5,779,687 $ (138,022) 779,188 22,776 374,386
Ending balance (in shares) at Sep. 30, 2022         7,448,691      
Beginning balance at Jun. 30, 2022 322,753              
Increase (Decrease) in Temporary Equity [Roll Forward]                
Net income 23,795              
Distributions to non-controlling interests (2,175)              
Ending balance at Sep. 30, 2022 344,373              
Beginning balance (in shares) at Jun. 30, 2022     316,660,535          
Beginning balance at Jun. 30, 2022 6,774,387 6,393,996 $ 3,167 5,766,533 $ (138,022) 733,348 28,970 380,391
Beginning balance (in shares) at Jun. 30, 2022         7,448,691      
Increase (Decrease) in Stockholders' Equity                
Proceeds from DRIP Plan (in shares)     10,568          
Proceeds from DRIP Plan 235 235   235        
Proceeds from employee stock purchase plan (in shares)     34,625          
Proceeds from employee stock purchase plan 625 625   625        
Share-based compensation (in shares)     218,212          
Share-based compensation 9,703 9,703 $ 2 9,701        
Manager fee paid in stock (in shares)     108,374          
Manager fees paid in stock 2,594 2,594 $ 1 2,593        
Net income 200,043 194,562       194,562   5,481
Dividends declared (148,722) (148,722)       (148,722)    
Other comprehensive loss, net (6,194) (6,194)         (6,194)  
Distributions to non-controlling interests (11,486)             (11,486)
Ending balance (in shares) at Sep. 30, 2022     317,032,314          
Ending balance at Sep. 30, 2022 6,821,185 6,446,799 $ 3,170 5,779,687 $ (138,022) 779,188 22,776 374,386
Ending balance (in shares) at Sep. 30, 2022         7,448,691      
Beginning balance at Dec. 31, 2022 362,790              
Increase (Decrease) in Temporary Equity [Roll Forward]                
Net income 51,062              
Distributions to non-controlling interests (4,193)              
Ending balance at Sep. 30, 2023 $ 409,659              
Beginning balance (in shares) at Dec. 31, 2022 310,675,170   318,123,861          
Beginning balance at Dec. 31, 2022 $ 6,835,917 6,462,438 $ 3,181 5,807,087 $ (138,022) 769,237 20,955 373,479
Beginning balance (in shares) at Dec. 31, 2022 7,448,691       7,448,691      
Increase (Decrease) in Stockholders' Equity                
Proceeds from DRIP Plan (in shares)     45,050          
Proceeds from DRIP Plan $ 852 852   852        
Proceeds from employee stock purchase plan (in shares)     110,112          
Proceeds from employee stock purchase plan 1,670 1,670 $ 1 1,669        
Share-based compensation (in shares)     1,542,034          
Share-based compensation 31,055 31,055 $ 15 31,040        
Manager fee paid in stock (in shares)     843,051          
Manager fees paid in stock 15,322 15,322 $ 8 15,314        
Net income 282,455 268,252       268,252   14,203
Dividends declared (451,733) (451,733)       (451,733)    
Other comprehensive loss, net (6,841) (6,841)         (6,841)  
Distributions to non-controlling interests $ (24,900)             (24,900)
Ending balance (in shares) at Sep. 30, 2023 313,215,417   320,664,108          
Ending balance at Sep. 30, 2023 $ 6,683,797 6,321,015 $ 3,205 5,855,962 $ (138,022) 585,756 14,114 362,782
Ending balance (in shares) at Sep. 30, 2023 7,448,691       7,448,691      
Beginning balance at Jun. 30, 2023 $ 408,034              
Increase (Decrease) in Temporary Equity [Roll Forward]                
Net income 3,114              
Distributions to non-controlling interests (1,489)              
Ending balance at Sep. 30, 2023 409,659              
Beginning balance (in shares) at Jun. 30, 2023     320,217,189          
Beginning balance at Jun. 30, 2023 6,784,943 6,414,494 $ 3,202 5,842,813 $ (138,022) 689,146 17,355 370,449
Beginning balance (in shares) at Jun. 30, 2023         7,448,691      
Increase (Decrease) in Stockholders' Equity                
Proceeds from DRIP Plan (in shares)     13,598          
Proceeds from DRIP Plan 278 278   278        
Proceeds from employee stock purchase plan (in shares)     21,088          
Proceeds from employee stock purchase plan 347 347   347        
Share-based compensation (in shares)     319,593          
Share-based compensation 10,621 10,621 $ 3 10,618        
Manager fee paid in stock (in shares)     92,640          
Manager fees paid in stock 1,906 1,906   1,906        
Net income 48,263 47,435       47,435   828
Dividends declared (150,825) (150,825)       (150,825)    
Other comprehensive loss, net (3,241) (3,241)         (3,241)  
Distributions to non-controlling interests $ (8,495)             (8,495)
Ending balance (in shares) at Sep. 30, 2023 313,215,417   320,664,108          
Ending balance at Sep. 30, 2023 $ 6,683,797 $ 6,321,015 $ 3,205 $ 5,855,962 $ (138,022) $ 585,756 $ 14,114 $ 362,782
Ending balance (in shares) at Sep. 30, 2023 7,448,691       7,448,691