Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Assets
Investments in real estate, net	$ 11,322,056	$ 10,259,687
Investments in real estate-related securities and loans	2,386,131	2,259,913
Cash and cash equivalents	152,756	68,089
Restricted cash	488,100	238,524
Other assets	386,749	410,945
Total assets	14,735,792	13,237,158
Liabilities and Equity
Mortgage notes, term loans, and revolving credit facilities, net	7,195,847	6,833,269
Repurchase agreements	1,781,149	1,713,723
Due to affiliates	317,970	301,581
Accounts payable, accrued expenses, and other liabilities	817,987	464,398
Total liabilities	10,112,953	9,312,971
Commitments and contingencies
Redeemable non-controlling interest	31,135	9,233
Equity
Preferred stock, $0.01 par value per share, 100,000,000 shares authorized; no shares issued and outstanding as of March 31, 2019 and December 31, 2018
Additional paid-in capital	5,115,490	4,327,444
Accumulated deficit and cumulative distributions	(703,936)	(587,548)
Total stockholders' equity	4,416,714	3,744,286
Non-controlling interests attributable to third party joint ventures	77,173	75,592
Non-controlling interests attributable to BREIT OP unitholders	97,817	95,076
Total equity	4,591,704	3,914,954
Total liabilities and equity	14,735,792	13,237,158
Class S Shares [Member]
Equity
Common stock value	3,190	2,770
Class T Shares [Member]
Equity
Common stock value	267	233
Class D Shares [Member]
Equity
Common stock value	381	304
Class I Shares [Member]
Equity
Common stock value	$ 1,322	$ 1,083