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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 7 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2016
Sep. 30, 2017
Revenues        
Rental revenue $ 33,599     $ 55,727
Tenant reimbursement income 3,230     5,503
Hotel revenue 9,874     15,048
Other revenue 2,201     3,409
Total revenues 48,904     79,687
Expenses        
Rental property operating 15,938     25,632
Hotel operating 6,668     9,617
General and administrative 1,716     5,969
Management fee 3,712     3,712
Performance participation allocation 5,711     10,952
Depreciation and amortization 40,359   $ 0 65,145
Total expenses 74,104     121,027
Other income (expense)        
Income from real estate-related securities 4,026     7,435
Interest income 36     418
Interest expense (10,866)     (16,413)
Other expenses (27)     (55)
Total other (expense) income (6,831)     (8,615)
Net loss before income tax (32,031)     (49,955)
Income tax benefit 184     140
Net loss (31,847)   $ 0 (49,815)
Net loss attributable to non-controlling interests 122     122
Net loss attributable to BREIT stockholders $ (31,725)     $ (49,693)
Net loss per share of common stock — basic and diluted $ (0.28)     $ (0.66)
Weighted-average shares of common stock outstanding, basic and diluted 112,585,463 20,000 20,000 75,771,929