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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, 2022 $ 362,790              
Increase (Decrease) in Temporary Equity [Roll Forward]                
Net income 2,287              
Distributions to non-controlling interests (659)              
Ending balance at Mar. 31, 2023 364,418              
Beginning balance (in shares) at Dec. 31, 2022     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      
Increase (Decrease) in Stockholders' Equity                
Proceeds from DRIP Plan (in shares)     15,657          
Proceeds from DRIP Plan 299 299   299        
Proceeds from employee stock purchase plan (in shares)     65,026          
Proceeds from employee stock purchase plan 970 970 $ 1 969        
Share-based compensation (in shares)     1,091,789          
Share-based compensation 10,936 10,936 $ 11 10,925        
Manager fee paid in stock (in shares)     373,204          
Manager fees paid in stock 7,233 7,233 $ 4 7,229        
Net income 57,474 51,974       51,974   5,500
Dividends declared (150,521) (150,521)       (150,521)    
Other comprehensive loss, net (1,104) (1,104)         (1,104)  
Distributions to non-controlling interests (8,731)             (8,731)
Ending balance (in shares) at Mar. 31, 2023     319,669,537          
Ending balance at Mar. 31, 2023 6,752,473 6,382,225 $ 3,197 5,826,509 $ (138,022) 670,690 19,851 370,248
Ending balance (in shares) at Mar. 31, 2023         7,448,691      
Beginning balance at Dec. 31, 2023 414,348              
Increase (Decrease) in Temporary Equity [Roll Forward]                
Net income 1,565              
Distributions to non-controlling interests (428)              
Ending balance at Mar. 31, 2024 $ 415,485              
Beginning balance (in shares) at Dec. 31, 2023 313,366,074   320,814,765          
Beginning balance at Dec. 31, 2023 $ 6,608,634 6,251,089 $ 3,208 5,864,670 $ (138,022) 505,881 15,352 357,545
Beginning balance (in shares) at Dec. 31, 2023 7,448,691       7,448,691      
Increase (Decrease) in Stockholders' Equity                
Proceeds from DRIP Plan (in shares)     13,034          
Proceeds from DRIP Plan $ 266 266   266        
Proceeds from employee stock purchase plan (in shares)     66,315          
Proceeds from employee stock purchase plan 1,134 1,134 $ 1 1,133        
Share-based compensation (in shares)     2,015,172          
Share-based compensation 10,046 10,046 $ 20 10,026        
Manager fee paid in stock (in shares)     496,170          
Manager fees paid in stock 9,762 9,762 $ 5 9,757        
Net income 158,295 154,332       154,332   3,963
Dividends declared (152,591) (152,591)       (152,591)    
Other comprehensive loss, net (1,291) (1,291)         (1,291)  
Distributions to non-controlling interests $ (9,559)             (9,559)
Ending balance (in shares) at Mar. 31, 2024 315,956,765   323,405,456          
Ending balance at Mar. 31, 2024 $ 6,624,696 $ 6,272,747 $ 3,234 $ 5,885,852 $ (138,022) $ 507,622 $ 14,061 $ 351,949
Ending balance (in shares) at Mar. 31, 2024 7,448,691       7,448,691