Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Revenues
Total revenues	$ 8,531,034	$ 8,934,405	$ 7,646,378
Expenses
Operating expenses	4,056,050	4,131,614	3,425,804
General and administrative	64,499	69,176	52,652
Management fee	713,643	839,237	837,687
Performance participation allocation	0	0	742,670
Impairment of investments in real estate	382,174	236,071	33,554
Depreciation and amortization	3,573,427	3,811,218	4,098,366
Total expenses	8,789,793	9,087,316	9,190,733
Other income (expense)
(Loss) income from unconsolidated entities	(82,581)	119,941	182,249
Income (loss) from investments in real estate debt	744,895	798,164	(167,083)
Change in net assets of consolidated securitization vehicles	201,614	191,703	(42,119)
(Loss) income from interest rate derivatives	(208,185)	(755,519)	2,566,720
Net gain on dispositions of real estate	2,130,204	1,935,021	808,846
Interest expense, net	(3,335,868)	(3,072,741)	(2,307,515)
Loss on extinguishment of debt	(107,736)	(40,300)	(11,476)
Other expense	(63,366)	(3,319)	(565,575)
Total other income (expense)	(721,023)	(827,050)	464,047
Net loss	(979,782)	(979,961)	(1,080,308)
Net loss attributable to non-controlling interests in third party joint ventures	33,599	247,989	173,109
Net loss attributable to non-controlling interests in BREIT OP unitholders	55,634	40,150	23,680
Net loss attributable to BREIT stockholders	$ (890,549)	$ (691,822)	$ (883,519)
Net loss per share of common stock — basic (in dollars per share)	$ (0.23)	$ (0.16)	$ (0.20)
Net loss per share of common stock — diluted (in dollars per share)	$ (0.23)	$ (0.16)	$ (0.20)
Weighted-average shares of common stock outstanding, basic (in shares)	3,821,925	4,409,879	4,334,100
Weighted-average shares of common stock outstanding, diluted (in shares)	3,821,925	4,409,879	4,334,100
Rental revenue
Revenues
Total revenues	$ 7,604,146	$ 7,816,240	$ 6,564,119
Expenses
Operating expenses	3,670,535	3,652,121	2,916,936
Hospitality
Revenues
Total revenues	546,372	694,491	721,654
Expenses
Operating expenses	385,515	479,493	508,868
Other revenue
Revenues
Total revenues	$ 380,516	$ 423,674	$ 360,605