XML 108 R98.htm IDEA: XBRL DOCUMENT v3.23.3
Stockholders' Equity and Non-Controlling Interests - Narrative (Details)
$ / shares in Units, $ in Thousands
1 Months Ended 3 Months Ended 9 Months Ended 12 Months Ended
Nov. 06, 2021
USD ($)
Nov. 05, 2021
USD ($)
Apr. 30, 2022
USD ($)
shares
Sep. 30, 2023
USD ($)
$ / shares
shares
Sep. 30, 2022
USD ($)
$ / shares
shares
Sep. 30, 2023
USD ($)
extension
$ / shares
shares
Sep. 30, 2022
USD ($)
$ / shares
shares
Dec. 31, 2022
USD ($)
Dec. 31, 2018
shares
May 31, 2022
USD ($)
Equity Incentive Plans                    
Commission costs under ATM agreement           $ 0 $ 756      
Contributions from non-controlling interests           0 21,926      
Net income       $ 3,114 $ 23,795 51,062 134,298      
Net income (loss) attributable to non-controlling interests       $ 3,942 29,276 $ 65,265 158,409      
CMBS JV                    
Equity Incentive Plans                    
Participation / Ownership %       51.00%   51.00%        
Class A Units                    
Equity Incentive Plans                    
Number of units outstanding (in shares) | shares       9,800,000   9,800,000        
Woodstar II Portfolio | Class A Units                    
Equity Incentive Plans                    
Net income (loss) attributable to non-controlling interests       $ 4,700 4,700 $ 14,100 14,100      
Subsidiaries | Woodstar II Portfolio                    
Equity Incentive Plans                    
Conversion of stock ratio           1        
Subsidiaries | Woodstar II Portfolio | Class A Units                    
Equity Incentive Plans                    
Shares issued (in shares) | shares                 10,200,000  
Right to receive additional shares (in shares) | shares           1,900,000     1,900,000  
Subsidiaries | Woodstar II Portfolio | Class A Units | Non- Controlling Interests                    
Equity Incentive Plans                    
Redemption of units           $ 208,500   $ 208,500    
Woodstar Fund                    
Equity Incentive Plans                    
Percentage of interest sold   20.60%                
Contributions from non-controlling interests $ 214,200 $ 216,000                
Initial term           8 years        
Number of extension options | extension           2        
Extension term           1 year        
CMBS JV                    
Equity Incentive Plans                    
Non-controlling interest       $ 135,600   $ 135,600   $ 144,300    
CMBS JV | Joint Venture Partner                    
Equity Incentive Plans                    
Ownership percentage       49.00%   49.00%        
CMBS JV | Woodstar II Portfolio | Class A Units                    
Equity Incentive Plans                    
Net income (loss) attributable to non-controlling interests       $ (4,500) $ (400) $ (1,600) $ 4,500      
Starwood Property Trust, Inc. Equity Plan and Manager Equity Plan                    
Equity Incentive Plans                    
Number of shares of authorized for issuance (in shares) | shares     18,700,000              
Common stock available for future grants (in shares) | shares       16,500,000   16,500,000        
Employee Stock                    
Equity Incentive Plans                    
Purchase price of fair market value (as a percent)     85.00%              
Maximum purchase value during calendar year, per employee     $ 25              
Number of shares of authorized for issuance (in shares) | shares     2,000,000              
Number of shares issued for future grants (in shares) | shares       21,088 34,625 110,112 34,625      
Purchase price (in dollars per share) | $ / shares       $ 16.51 $ 18.04 $ 15.17 $ 18.04      
Share-based expense       $ 100 $ 100 $ 400 $ 100      
Common stock available for future issuance (in shares) | shares       1,800,000   1,800,000        
ATM Agreement                    
Equity Incentive Plans                    
Authorized value of stock under ATM agreement                   $ 500,000
Number of shares issued (in shares) | shares       0   0 1,415,564      
Proceeds from ATM Agreement             $ 33,300      
Sale of stock average price (in dollars per share) | $ / shares         $ 23.54   $ 23.54      
Commission costs under ATM agreement             $ 700