XML 25 R5.htm IDEA: XBRL DOCUMENT v3.19.2
Condensed Consolidated Statements of Changes in Equity (Unaudited) - USD ($)
$ in Thousands
Total
Common Stock [Member]
Class S Shares [Member]
Common Stock [Member]
Class T Shares [Member]
Common Stock [Member]
Class D Shares [Member]
Common Stock [Member]
Class I Shares [Member]
Additional Paid-in Capital [Member]
Accumulated Deficit and Cumulative Distributions [Member]
Total Stockholders' Equity [Member]
Non-controlling Interests [Member]
Third Party Joint Ventures [Member]
Non-controlling Interests [Member]
BREIT OP Unitholders [Member]
Beginning Balance at Dec. 31, 2017 $ 1,509,639 $ 1,301 $ 56 $ 40 $ 307 $ 1,616,720 $ (132,633) $ 1,485,791 $ 23,848  
Common stock issued 593,701 325 42 28 163 593,143   593,701    
Offering costs (37,361)         (37,361)   (37,361)    
Distribution reinvestment 16,497 11     4 16,482   16,497    
Common stock repurchased (2,296) (1)     (1) (2,294)   (2,296)    
Amortization of restricted stock grants/compensation awards 25         25   25    
Net loss (49,264)           (47,548) (47,548) (1,716)  
Distributions declared on common stock (28,384)           (28,384) (28,384)    
Contributions from non-controlling interests 6,940               6,940  
Distributions to non-controlling interests (581)               (581)  
Allocation to redeemable non-controlling interest (883)         (883)   (883)    
Ending Balance at Mar. 31, 2018 2,008,033 1,636 98 68 473 2,185,832 (208,565) 1,979,542 28,491  
Common stock issued 732,958 343 50 100 190 732,275   732,958    
Offering costs (46,491)         (46,491)   (46,491)    
Distribution reinvestment 22,004 14 1   5 21,984   22,004    
Common stock repurchased (8,818) (7)     (1) (8,810)   (8,818)    
Amortization of restricted stock grants/compensation awards 25         25   25    
Net loss (51,696)           (50,482) (50,482) (1,214)  
Distributions declared on common stock (38,043)           (38,043) (38,043)    
Contributions from non-controlling interests 4,334               4,334  
Distributions to non-controlling interests (646)               (646)  
Allocation to redeemable non-controlling interest (573)         (573)   (573)    
Ending Balance at Jun. 30, 2018 2,621,087 1,986 149 168 667 2,884,242 (297,090) 2,590,122 30,965  
Beginning Balance at Dec. 31, 2018 3,914,954 2,770 233 304 1,083 4,327,444 (587,548) 3,744,286 75,592 $ 95,076
Common stock issued 844,119 414 38 75 245 843,347   844,119    
Offering costs (50,847)         (50,847)   (50,847)    
Distribution reinvestment 42,034 24 2 2 11 41,995   42,034    
Common stock repurchased (45,510) (18) (6)   (18) (45,468)   (45,510)    
Amortization of restricted stock grants/compensation awards 600       1 99   100   500
Net loss (49,819)           (46,846) (46,846) (2,036) (937)
Distributions declared on common stock (69,542)           (69,542) (69,542)    
Contributions from non-controlling interests 9,608               4,894 4,714
Distributions to non-controlling interests (2,813)               (1,277) (1,536)
Allocation to redeemable non-controlling interest (1,080)         (1,080)   (1,080)    
Ending Balance at Mar. 31, 2019 4,591,704 3,190 267 381 1,322 5,115,490 (703,936) 4,416,714 77,173 97,817
Beginning Balance at Dec. 31, 2018 3,914,954 2,770 233 304 1,083 4,327,444 (587,548) 3,744,286 75,592 95,076
Common stock repurchased (105,700)                  
Allocation to redeemable non-controlling interest (1,400)                  
Ending Balance at Jun. 30, 2019 6,376,375 3,812 319 529 2,286 6,969,300 (845,511) 6,130,735 113,725 131,915
Beginning Balance at Mar. 31, 2019 4,591,704 3,190 267 381 1,322 5,115,490 (703,936) 4,416,714 77,173 97,817
Common stock issued 1,967,111 610 51 146 986 1,965,318   1,967,111    
Offering costs (103,027)         (103,027)   (103,027)    
Distribution reinvestment 51,860 28 2 3 14 51,813   51,860    
Common stock repurchased (60,157) (16) (1) (1) (37) (60,032)   (60,087)   (70)
Amortization of restricted stock grants/compensation awards 600       1 99   100   500
Net loss (52,710)           (50,704) (50,704) (970) (1,036)
Distributions declared on common stock (90,871)           (90,871) (90,871)    
Contributions from non-controlling interests 77,798               41,049 36,749
Distributions to non-controlling interests (5,572)               (3,527) (2,045)
Allocation to redeemable non-controlling interest (361)         (361)   (361)    
Ending Balance at Jun. 30, 2019 $ 6,376,375 $ 3,812 $ 319 $ 529 $ 2,286 $ 6,969,300 $ (845,511) $ 6,130,735 $ 113,725 $ 131,915