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Consolidated Statements of Changes in Equity - USD ($)
$ in Thousands
Total
Total Stockholders’ Equity
Common Stock
Class S
Common Stock
Class I
Common Stock
Class T
Common Stock
Class D
Common Stock
Class C
Additional Paid-in Capital
Accumulated Other Comprehensive Income
Accumulated Deficit and Cumulative Distributions
Non-controlling Interests
Non-controlling Interests
Non- controlling Interests Attributable to BREIT OP Unitholders
Non-controlling Interests
Non- controlling Interests Attributable to Third Party Joint Ventures
Beginning Balance at Dec. 31, 2020 $ 16,183,951 $ 15,852,726 $ 7,029 $ 9,270 $ 459 $ 1,241 $ 0 $ 19,059,045 $ 0 $ (3,224,318)   $ 187,972 $ 143,253
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Common stock issued (transferred) 24,745,564 24,745,564 5,434 12,210 114 1,643   24,726,163          
Offering costs (805,116) (805,116)           (805,116)          
Distribution reinvestment 792,953 792,953 252 306 14 51   792,330          
Common stock/units repurchased (1,424,641) (1,421,597) (172) (927) (14) (24)   (1,420,460)       (2,915) (129)
Amortization of compensation awards 14,948 580   6       574       14,368  
Net income (loss) (834,370) (804,783)               (804,783)   (9,285) (20,302)
Other comprehensive income (loss) (9,569) (9,569)             (9,569)        
Distributions declared on common stock (1,601,913) (1,601,913)               (1,601,913)      
Contributions from non-controlling interests 2,773,150                     473,017 2,300,133
Distributions to and redemptions of non-controlling interests (701,589)                     (22,890) (678,699)
Allocation to redeemable non-controlling interests (103,442) (103,442)           (103,442)          
Ending Balance at Dec. 31, 2021 39,029,926 36,645,403 12,543 20,865 573 2,911 0 42,249,094 (9,569) (5,631,014)   640,267 1,744,256
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Common stock issued (transferred) 20,650,326 20,650,326 3,894 8,301 169 1,456   20,636,506          
Offering costs (621,874) (621,874)           (621,874)          
Distribution reinvestment 1,386,808 1,386,808 320 511 16 87   1,385,874          
Common stock/units repurchased (10,531,952) (10,479,420) (783) (5,971) (32) (240)   (10,472,394)       (52,532)  
Amortization of compensation awards 36,200 24,088   241       23,847       12,112  
Net income (loss) (1,073,706) (883,519)               (883,519)   (19,170) (171,017)
Other comprehensive loss 507,930                        
Other comprehensive income (loss) 507,052 403,497             403,497     11,099 93,334
Distributions declared on common stock (2,681,486) (2,681,486)               (2,681,486)      
Contributions from non-controlling interests 3,871,903                     949,722 2,922,181
Distributions to and redemptions of non-controlling interests (334,042) 50,723           50,723       (74,906) (309,859)
Allocation to redeemable non-controlling interests (39,282) (39,282)           (39,282)          
Ending Balance at Dec. 31, 2022 50,200,751 44,455,264 15,974 23,947 726 4,214 0 53,212,494 393,928 (9,196,019)   1,466,592 4,278,895
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Common stock issued (transferred) 6,911,785 6,911,785 314 6,215 (71) (2,415) 21 6,907,721          
Reduction in accrual for offering costs, net 383,958 383,958           383,958          
Distribution reinvestment 1,340,727 1,283,028 305 509 16 46   1,282,152     $ 57,699    
Common stock/units repurchased (14,103,502) (13,673,030) (1,711) (7,229) (79) (297)   (13,663,714)       (430,472)  
Amortization of compensation awards 68,160 58,817   588       58,229       9,343  
Net income (loss) (976,435) (691,822)               (691,822)   (34,519) (250,094)
Other comprehensive income (loss) (73,795)                        
Other comprehensive loss (74,097) (47,953)             (47,953)     (3,787) (22,357)
Distributions declared on common stock (2,835,890) (2,724,740)               (2,724,740) (111,150)    
Contributions from non-controlling interests 2,987,049 396,297           396,297       1,608,600 982,152
Operating distributions to non-controlling interests (70,616)                   (70,616)    
Capital distributions to non-controlling interests (213,575) (5,216)           (5,216)     $ (208,359)    
Allocation to redeemable non-controlling interests 4,179 4,179           4,179          
Ending Balance at Dec. 31, 2023 $ 43,622,494 $ 36,350,567 $ 14,882 $ 24,030 $ 592 $ 1,548 $ 21 $ 48,576,100 $ 345,975 $ (12,612,581)   $ 2,562,306 $ 4,709,621