Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Assets
Investments in real estate, net	$ 28,939,611	$ 26,326,868
Investments in unconsolidated entities	811,827
Investments in real estate debt	4,649,372	4,523,260
Cash and cash equivalents	263,067	204,269
Restricted cash	459,819	905,433
Other assets	1,504,803	1,079,993
Total assets	36,628,499	33,039,823
Liabilities and Equity
Mortgage notes, term loans, and secured revolving credit facilities, net	17,846,882	16,929,659
Secured financings on investments in real estate debt	2,369,685	3,092,137
Due to affiliates	613,055	690,143
Accounts payable, accrued expenses, and other liabilities	1,207,711	1,692,087
Total liabilities	22,037,333	22,404,026
Commitments and contingencies
Redeemable non-controlling interests	21,653	21,149
Equity
Preferred stock, $0.01 par value per share, 100,000 shares authorized; no shares issued and outstanding as of June 30, 2020 and December 31, 2019
Additional paid-in capital	16,952,056	11,716,721
Accumulated deficit and cumulative distributions	(2,749,989)	(1,422,885)
Total stockholders' equity	14,218,061	10,305,132
Non-controlling interests attributable to third party joint ventures	159,459	157,795
Non-controlling interests attributable to BREIT OP unitholders	191,993	151,721
Total equity	14,569,513	10,614,648
Total liabilities and equity	36,628,499	33,039,823
Class S Shares [Member]
Equity
Common stock value	6,322	5,308
Class T Shares [Member]
Equity
Common stock value	440	398
Class D Shares [Member]
Equity
Common stock value	1,032	847
Class I Shares [Member]
Equity
Common stock value	$ 8,200	$ 4,743