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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Revenues        
Total revenues $ 635,371,000 $ 438,033,000 $ 1,903,000,000 $ 1,089,432,000
Expenses        
Operating expenses 253,645,000 211,542,000 752,897,000 515,081,000
General and administrative 5,430,000 4,548,000 19,025,000 12,607,000
Management fee 57,619,000 29,858,000 160,544,000 69,522,000
Performance participation allocation 0 56,322,000 0 106,383,000
Impairment of investments in real estate 6,217,000   12,343,000 0
Depreciation and amortization 332,599,000 204,653,000 1,008,756,000 505,986,000
Total expenses 655,510,000 506,923,000 1,953,565,000 1,209,579,000
Other income (expense)        
Income from unconsolidated entities 25,073,000   63,678,000  
Income (loss) from investments in real estate debt 206,046,000 52,568,000 (317,212,000) 166,035,000
Net gains on dispositions of real estate 100,070,000 6,481,000 100,441,000 36,167,000
Interest income 122,000 1,763,000 2,102,000 2,260,000
Interest expense (174,193,000) (116,037,000) (539,276,000) (310,903,000)
Loss on extinguishment of debt (5,258,000)   (6,495,000) 0
Other income (expense) (9,252,000) (2,379,000) (29,022,000) (2,786,000)
Total other income (expense) 142,608,000 (57,604,000) (725,784,000) (109,227,000)
Net income (loss) 122,469,000 (126,494,000) (776,349,000) (229,374,000)
Net loss attributable to non-controlling interests in third party joint ventures 593,000 1,305,000 1,796,000 4,311,000
Net (income) loss attributable to non-controlling interests in BREIT OP (1,790,000) 2,018,000 10,177,000 4,342,000
Net income (loss) attributable to BREIT stockholders $ 121,272,000 $ (123,171,000) $ (764,376,000) $ (220,721,000)
Net income (loss) per share of common stock — basic and diluted $ 0.07 $ (0.15) $ (0.49) $ (0.34)
Weighted-average shares of common stock outstanding, basic and diluted 1,651,693 819,055 1,545,984 647,730
Rental [Member]        
Revenues        
Total revenues $ 562,053,000 $ 290,453,000 $ 1,647,865,000 $ 750,322,000
Expenses        
Operating expenses 193,306,000 121,591,000 548,729,000 310,613,000
Hotel [Member]        
Revenues        
Total revenues 56,038,000 132,036,000 205,291,000 301,653,000
Expenses        
Operating expenses 60,339,000 89,951,000 204,168,000 204,468,000
Other Revenue [Member]        
Revenues        
Total revenues $ 17,280,000 $ 15,544,000 $ 49,844,000 $ 37,457,000