Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Assets
Investments in real estate, net	$ 14,266,583	$ 10,259,687
Investments in real estate-related securities and loans	3,460,922	2,259,913
Cash and cash equivalents	150,062	68,089
Restricted cash	477,768	238,524
Other assets	506,752	410,945
Total assets	18,862,087	13,237,158
Liabilities and Equity
Mortgage notes, term loans, and secured revolving credit facilities, net	8,379,181	6,833,269
Repurchase agreements	2,447,134	1,713,723
Unsecured revolving credit facilities	240,000
Due to affiliates	430,011	301,581
Accounts payable, accrued expenses, and other liabilities	979,203	464,398
Total liabilities	12,475,529	9,312,971
Commitments and contingencies
Redeemable non-controlling interest	10,183	9,233
Equity
Preferred stock, $0.01 par value per share, 100,000,000 shares authorized; no shares issued and outstanding as of June 30, 2019 and December 31, 2018
Additional paid-in capital	6,969,300	4,327,444
Accumulated deficit and cumulative distributions	(845,511)	(587,548)
Total stockholders' equity	6,130,735	3,744,286
Non-controlling interests attributable to third party joint ventures	113,725	75,592
Non-controlling interests attributable to BREIT OP unitholders	131,915	95,076
Total equity	6,376,375	3,914,954
Total liabilities and equity	18,862,087	13,237,158
Class S Shares [Member]
Equity
Common stock value	3,812	2,770
Class T Shares [Member]
Equity
Common stock value	319	233
Class D Shares [Member]
Equity
Common stock value	529	304
Class I Shares [Member]
Equity
Common stock value	$ 2,286	$ 1,083

Sum of the carrying values as of the balance sheet date of obligations incurred through that date, including liabilities incurred and payable to vendors for goods and services received, taxes, interest, rent and utilities, compensation costs, payroll taxes and fringe benefits (other than pension and postretirement obligations), contractual rights and obligations, and statutory obligations.

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- Definition

Value received from shareholders in common stock-related transactions that are in excess of par value or stated value and amounts received from other stock-related transactions. Includes only common stock transactions (excludes preferred stock transactions). May be called contributed capital, capital in excess of par, capital surplus, or paid-in capital.