Condensed Consolidated Statements of Operations (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2025	Mar. 31, 2024
Revenues
Total revenues	$ 2,055,172	$ 2,188,914
Expenses
Operating expenses	953,089	1,005,371
General and administrative	16,114	16,350
Management fee	168,425	187,121
Performance participation allocation	142,175	104,966
Impairment of investments in real estate	170,258	65,714
Depreciation and amortization	827,099	913,208
Total expenses	2,277,160	2,292,730
Other income (expense)
Loss from unconsolidated entities	(765,015)	(24,358)
Income from investments in real estate debt	132,878	268,193
Change in net assets of consolidated securitization vehicles	32,185	75,413
(Loss) income from interest rate derivatives	(362,662)	315,199
Net gain on dispositions of real estate	135,909	106,554
Interest expense, net	(765,796)	(831,715)
Loss on extinguishment of debt	(11,514)	(30,648)
Other (expense) income	(13,781)	55,108
Total other income (expense)	(1,617,796)	(66,254)
Net loss	(1,839,784)	(170,070)
Net loss attributable to non-controlling interests in third party joint ventures	20,128	31,673
Net loss attributable to non-controlling interests in BREIT OP	123,019	5,384
Net loss attributable to BREIT stockholders	$ (1,696,637)	$ (133,013)
Net loss per share of common stock — basic (in dollars per share)	$ (0.47)	$ (0.03)
Net loss per share of common stock — diluted (in dollars per share)	$ (0.47)	$ (0.03)
Weighted-average shares of common stock outstanding, basic (in shares)	3,635,118	4,000,833
Weighted-average shares of common stock outstanding, diluted (in shares)	3,635,118	4,000,833
Rental revenue
Revenues
Total revenues	$ 1,832,389	$ 1,963,065
Expenses
Operating expenses	858,950	913,456
Hospitality
Revenues
Total revenues	134,116	133,177
Expenses
Operating expenses	94,139	91,915
Other revenue
Revenues
Total revenues	$ 88,667	$ 92,672