XML 31 R7.htm IDEA: XBRL DOCUMENT v3.25.0.1
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 (Loss)
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, 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 loss (1,073,706) (883,519)               (883,519)   (19,170) (171,017)
Other comprehensive (loss) income 507,930 403,497             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
Operating 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]                          
Net Income (Loss) Attributable to Redeemable Noncontrolling Interest 6,602                        
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 loss (976,435) (691,822)               (691,822)   (34,519) (250,094)
Other comprehensive (loss) income (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 and redemptions of non-controlling interests (70,616)                       (70,616)
Capital distributions to and redemptions of 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
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Net Income (Loss) Attributable to Redeemable Noncontrolling Interest 3,526                        
Common stock issued (transferred) 2,086,029 2,086,029 195 707 (82) 14 10 2,085,185          
Reduction in accrual for offering costs, net 130,836 130,836           130,836          
Distribution reinvestment 1,228,030 1,116,439 293 456 13 33   1,115,644       111,591  
Common stock/units repurchased (9,398,053) (9,130,698) (1,975) (4,216) (84) (206) (3) (9,124,214)       (267,355)  
Amortization of compensation awards 78,228 67,412   674       66,738       10,816  
Net loss (979,653) (890,549)               (890,549)   (55,404) (33,700)
Other comprehensive (loss) income 50,543 37,297             37,297     1,709 11,537
Distributions declared on common stock (2,498,935) (2,345,067)               (2,345,067)   (153,868)  
Contributions from non-controlling interests 926,871                     754,760 172,111
Operating distributions to and redemptions of non-controlling interests (134,513)                       (134,513)
Capital distributions to and redemptions of non-controlling interests (448,548) (99,160)           (99,160)     $ (349,388)    
Allocation to redeemable non-controlling interests 30,801 30,801           30,801          
Ending Balance at Dec. 31, 2024 34,694,130 $ 27,353,907 $ 13,395 $ 21,651 $ 439 $ 1,389 $ 28 $ 42,781,930 $ 383,272 $ (15,848,197)   $ 2,964,555 $ 4,375,668
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Net Income (Loss) Attributable to Redeemable Noncontrolling Interest $ 129