Condensed Consolidated Statements of Operations (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2025	Jun. 30, 2024	Jun. 30, 2025	Jun. 30, 2024
Revenues
Total revenues	$ 1,998,381	$ 2,158,547	$ 4,053,553	$ 4,347,461
Expenses
Operating expenses	926,793	1,004,680	1,879,882	2,010,051
General and administrative	16,886	17,950	33,000	34,300
Management fee	166,892	180,655	335,317	367,776
Performance participation allocation	88,824	(104,966)	230,999	0
Impairment of investments in real estate	171,113	118,044	341,371	183,758
Depreciation and amortization	808,651	889,334	1,635,750	1,802,542
Total expenses	2,179,159	2,105,697	4,456,319	4,398,427
Other income (expense)
Income (loss) from unconsolidated entities	26,991	(37,998)	(738,024)	(62,356)
Income from investments in real estate debt	133,654	157,075	266,532	425,268
Change in net assets of consolidated securitization vehicles	38,207	41,013	70,392	116,426
(Loss) income from interest rate derivatives	(236,097)	(52,637)	(598,759)	262,562
Net gain on dispositions of real estate	464,394	175,890	600,303	282,444
Interest expense, net	(777,766)	(857,855)	(1,543,562)	(1,689,570)
Loss on extinguishment of debt	(25,360)	(21,404)	(36,874)	(52,052)
Other (expense) income	(12,228)	(38,941)	(26,009)	16,167
Total other income (expense)	(388,205)	(634,857)	(2,006,001)	(701,111)
Net loss	(568,983)	(582,007)	(2,408,767)	(752,077)
Net loss attributable to non-controlling interests in third party joint ventures	40,124	37,386	60,252	69,059
Net loss attributable to non-controlling interests in BREIT OP	40,381	26,122	163,400	31,506
Net loss attributable to BREIT stockholders	$ (488,478)	$ (518,499)	$ (2,185,115)	$ (651,512)
Net loss per share of common stock — basic (in dollars per share)	$ (0.14)	$ (0.13)	$ (0.61)	$ (0.17)
Net loss per share of common stock — diluted (in dollars per share)	$ (0.14)	$ (0.13)	$ (0.61)	$ (0.17)
Weighted-average shares of common stock outstanding, basic (in shares)	3,563,370	3,847,540	3,599,046	3,924,186
Weighted-average shares of common stock outstanding, diluted (in shares)	3,563,370	3,847,540	3,599,046	3,924,186
Rental revenue
Revenues
Total revenues	$ 1,770,660	$ 1,912,544	$ 3,603,049	$ 3,875,609
Expenses
Operating expenses	828,825	902,711	1,687,775	1,816,167
Hospitality
Revenues
Total revenues	139,199	150,129	273,315	283,306
Expenses
Operating expenses	97,968	101,969	192,107	193,884
Other revenue
Revenues
Total revenues	$ 88,522	$ 95,874	$ 177,189	$ 188,546