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Segment Data - Schedule of Results of Operations by Business Segment (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues:    
Interest income from loans $ 463,492 $ 430,908
Interest income from investment securities 18,206 18,637
Servicing fees 9,689 7,256
Rental income 28,847 32,289
Other revenues 2,854 1,324
Total revenues 523,088 490,414
Costs and expenses:    
Management fees 46,014 39,540
Interest expense 355,956 335,301
General and administrative 50,663 42,108
Costs of rental operations 10,344 11,666
Depreciation and amortization 9,818 12,416
Credit loss provision, net 35,839 43,194
Other expense 674 1,117
Total costs and expenses 509,308 485,342
Other income (loss):    
Change in net assets related to consolidated VIEs 10,086 41,138
Change in fair value of servicing rights 228 304
Change in fair value of investment securities, net 915 82
Change in fair value of mortgage loans, net (29,013) 8,901
Earnings (loss) from unconsolidated entities 7,675 2,725
(Loss) gain on sale of investments and other assets, net 91,962 190
Gain (loss) on derivative financial instruments, net 101,939 (32,828)
Foreign currency (loss) gain, net (41,870) 15,019
Gain (loss) on extinguishment of debt (1,454) (61)
Other (loss) income, net (2,630) (2,541)
Total other income (loss) 147,286 45,894
Income (loss) before income taxes 161,066 50,966
Income tax (provision) benefit (1,206) 8,795
Net income (loss) 159,860 59,761
Net (income) loss attributable to non-controlling interests (5,528) (7,787)
Net income (loss) attributable to Starwood Property Trust, Inc. 154,332 51,974
Primary Beneficiary    
Other income (loss):    
Income from affordable housing fund investments 9,448 12,965
Subtotal    
Revenues:    
Interest income from loans 463,492 430,908
Interest income from investment securities 52,687 56,644
Servicing fees 13,167 9,993
Rental income 28,847 32,289
Other revenues 2,854 1,324
Total revenues 561,047 531,158
Costs and expenses:    
Management fees 46,014 39,540
Interest expense 356,166 335,511
General and administrative 50,663 42,108
Costs of rental operations 10,344 11,666
Depreciation and amortization 9,818 12,416
Credit loss provision, net 35,839 43,194
Other expense 674 1,117
Total costs and expenses 509,518 485,552
Other income (loss):    
Change in net assets related to consolidated VIEs 0 0
Change in fair value of servicing rights (3,381) (50)
Change in fair value of investment securities, net (23,449) 407
Change in fair value of mortgage loans, net (29,013) 8,901
Earnings (loss) from unconsolidated entities 7,985 3,358
(Loss) gain on sale of investments and other assets, net 91,962 190
Gain (loss) on derivative financial instruments, net 101,939 (32,828)
Foreign currency (loss) gain, net (41,870) 15,019
Gain (loss) on extinguishment of debt (1,454) (61)
Other (loss) income, net (2,630) (2,541)
Total other income (loss) 109,537 5,360
Income (loss) before income taxes 161,066 50,966
Income tax (provision) benefit (1,206) 8,795
Net income (loss) 159,860 59,761
Net (income) loss attributable to non-controlling interests (5,528) (7,787)
Net income (loss) attributable to Starwood Property Trust, Inc. 154,332 51,974
Subtotal | Primary Beneficiary    
Other income (loss):    
Income from affordable housing fund investments 9,448 12,965
Operating segment | Commercial and Residential Lending Segment    
Revenues:    
Interest income from loans 394,472 375,601
Interest income from investment securities 31,405 32,521
Servicing fees 128 159
Rental income 3,565 1,981
Other revenues 983 344
Total revenues 430,553 410,606
Costs and expenses:    
Management fees 192 218
Interest expense 236,149 226,393
General and administrative 16,828 11,893
Costs of rental operations 2,025 2,451
Depreciation and amortization 1,949 1,631
Credit loss provision, net 34,977 30,790
Other expense 730 1,039
Total costs and expenses 292,850 274,415
Other income (loss):    
Change in net assets related to consolidated VIEs 0 0
Change in fair value of servicing rights 0 0
Change in fair value of investment securities, net (6,991) 14,866
Change in fair value of mortgage loans, net (40,677) 8,262
Earnings (loss) from unconsolidated entities 7,345 939
(Loss) gain on sale of investments and other assets, net (41) 0
Gain (loss) on derivative financial instruments, net 110,952 (34,363)
Foreign currency (loss) gain, net (41,818) 14,930
Gain (loss) on extinguishment of debt 315 (61)
Other (loss) income, net (2,676) (2,541)
Total other income (loss) 26,409 2,032
Income (loss) before income taxes 164,112 138,223
Income tax (provision) benefit (721) 6,557
Net income (loss) 163,391 144,780
Net (income) loss attributable to non-controlling interests (3) (3)
Net income (loss) attributable to Starwood Property Trust, Inc. 163,388 144,777
Operating segment | Commercial and Residential Lending Segment | Primary Beneficiary    
Other income (loss):    
Income from affordable housing fund investments 0 0
Operating segment | Infrastructure Lending Segment    
Revenues:    
Interest income from loans 66,398 54,760
Interest income from investment securities 138 1,338
Servicing fees 0 0
Rental income 0 0
Other revenues 392 216
Total revenues 66,928 56,314
Costs and expenses:    
Management fees 0 0
Interest expense 38,973 32,818
General and administrative 5,955 3,964
Costs of rental operations 0 0
Depreciation and amortization 14 30
Credit loss provision, net 862 12,404
Other expense 0 8
Total costs and expenses 45,804 49,224
Other income (loss):    
Change in net assets related to consolidated VIEs 0 0
Change in fair value of servicing rights 0 0
Change in fair value of investment securities, net 0 0
Change in fair value of mortgage loans, net 0 0
Earnings (loss) from unconsolidated entities 327 1,740
(Loss) gain on sale of investments and other assets, net 0 0
Gain (loss) on derivative financial instruments, net 122 (51)
Foreign currency (loss) gain, net (84) 75
Gain (loss) on extinguishment of debt (560) 0
Other (loss) income, net 40 0
Total other income (loss) (155) 1,764
Income (loss) before income taxes 20,969 8,854
Income tax (provision) benefit 128 46
Net income (loss) 21,097 8,900
Net (income) loss attributable to non-controlling interests 0 0
Net income (loss) attributable to Starwood Property Trust, Inc. 21,097 8,900
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
Interest income from investment securities 0 0
Servicing fees 0 0
Rental income 20,775 23,695
Other revenues 127 103
Total revenues 20,902 23,798
Costs and expenses:    
Management fees 0 0
Interest expense 13,298 12,599
General and administrative 1,263 952
Costs of rental operations 5,707 5,549
Depreciation and amortization 5,855 8,108
Credit loss provision, net 0 0
Other expense 0 0
Total costs and expenses 26,123 27,208
Other income (loss):    
Change in net assets related to consolidated VIEs 0 0
Change in fair value of servicing rights 0 0
Change in fair value of investment securities, net 0 0
Change in fair value of mortgage loans, net 0 0
Earnings (loss) from unconsolidated entities 0 0
(Loss) gain on sale of investments and other assets, net 92,003 0
Gain (loss) on derivative financial instruments, net 1,721 (1,217)
Foreign currency (loss) gain, net 32 14
Gain (loss) on extinguishment of debt (1,209) 0
Other (loss) income, net 0 0
Total other income (loss) 101,995 11,762
Income (loss) before income taxes 96,774 8,352
Income tax (provision) benefit 0 0
Net income (loss) 96,774 8,352
Net (income) loss attributable to non-controlling interests (6,225) (6,978)
Net income (loss) attributable to Starwood Property Trust, Inc. 90,549 1,374
Operating segment | Property Segment | Primary Beneficiary    
Other income (loss):    
Income from affordable housing fund investments 9,448 12,965
Operating segment | Investing and Servicing Segment    
Revenues:    
Interest income from loans 2,622 547
Interest income from investment securities 21,144 22,785
Servicing fees 13,039 9,834
Rental income 4,507 6,613
Other revenues 748 383
Total revenues 42,060 40,162
Costs and expenses:    
Management fees 0 0
Interest expense 8,317 7,429
General and administrative 23,467 20,047
Costs of rental operations 2,612 3,666
Depreciation and amortization 1,749 2,647
Credit loss provision, net 0 0
Other expense (56) 70
Total costs and expenses 36,089 33,859
Other income (loss):    
Change in net assets related to consolidated VIEs 0 0
Change in fair value of servicing rights (3,381) (50)
Change in fair value of investment securities, net (16,458) (14,459)
Change in fair value of mortgage loans, net 11,664 639
Earnings (loss) from unconsolidated entities 313 679
(Loss) gain on sale of investments and other assets, net 0 190
Gain (loss) on derivative financial instruments, net 3,012 (3,467)
Foreign currency (loss) gain, net 0 0
Gain (loss) on extinguishment of debt 0 0
Other (loss) income, net 6 0
Total other income (loss) (4,844) (16,468)
Income (loss) before income taxes 1,127 (10,165)
Income tax (provision) benefit (613) 2,192
Net income (loss) 514 (7,973)
Net (income) loss attributable to non-controlling interests 700 (806)
Net income (loss) attributable to Starwood Property Trust, Inc. 1,214 (8,779)
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
Interest income from investment securities 0 0
Servicing fees 0 0
Rental income 0 0
Other revenues 604 278
Total revenues 604 278
Costs and expenses:    
Management fees 45,822 39,322
Interest expense 59,429 56,272
General and administrative 3,150 5,252
Costs of rental operations 0 0
Depreciation and amortization 251 0
Credit loss provision, net 0 0
Other expense 0 0
Total costs and expenses 108,652 100,846
Other income (loss):    
Change in net assets related to consolidated VIEs 0 0
Change in fair value of servicing rights 0 0
Change in fair value of investment securities, net 0 0
Change in fair value of mortgage loans, net 0 0
Earnings (loss) from unconsolidated entities 0 0
(Loss) gain on sale of investments and other assets, net 0 0
Gain (loss) on derivative financial instruments, net (13,868) 6,270
Foreign currency (loss) gain, net 0 0
Gain (loss) on extinguishment of debt 0 0
Other (loss) income, net 0 0
Total other income (loss) (13,868) 6,270
Income (loss) before income taxes (121,916) (94,298)
Income tax (provision) benefit 0 0
Net income (loss) (121,916) (94,298)
Net (income) loss attributable to non-controlling interests 0 0
Net income (loss) attributable to Starwood Property Trust, Inc. (121,916) (94,298)
Corporate | Primary Beneficiary    
Other income (loss):    
Income from affordable housing fund investments 0 0
Securitization VIEs    
Revenues:    
Interest income from loans 0 0
Interest income from investment securities (34,481) (38,007)
Servicing fees (3,478) (2,737)
Rental income 0 0
Other revenues 0 0
Total revenues (37,959) (40,744)
Costs and expenses:    
Management fees 0 0
Interest expense (210) (210)
General and administrative 0 0
Costs of rental operations 0 0
Depreciation and amortization 0 0
Credit loss provision, net 0 0
Other expense 0 0
Total costs and expenses (210) (210)
Other income (loss):    
Change in net assets related to consolidated VIEs 10,086 41,138
Change in fair value of servicing rights 3,609 354
Change in fair value of investment securities, net 24,364 (325)
Change in fair value of mortgage loans, net 0 0
Earnings (loss) from unconsolidated entities (310) (633)
(Loss) gain on sale of investments and other assets, net 0 0
Gain (loss) on derivative financial instruments, net 0 0
Foreign currency (loss) gain, net 0 0
Gain (loss) on extinguishment of debt 0 0
Other (loss) income, net 0 0
Total other income (loss) 37,749 40,534
Income (loss) before income taxes 0 0
Income tax (provision) benefit 0 0
Net income (loss) 0 0
Net (income) loss attributable to non-controlling interests 0 0
Net income (loss) attributable to Starwood Property Trust, Inc. 0 0
Securitization VIEs | Primary Beneficiary    
Other income (loss):    
Income from affordable housing fund investments $ 0 $ 0