Condensed Consolidated Statements of Operations (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2025	Sep. 30, 2024	Sep. 30, 2025	Sep. 30, 2024
Revenues
Total revenues	$ 1,943,444	$ 2,094,666	$ 5,996,997	$ 6,442,127
Expenses
Operating expenses	916,934	1,035,895	2,796,816	3,045,946
General and administrative	17,958	15,368	50,958	49,668
Management fee	166,757	174,252	502,074	542,028
Performance participation allocation	124,029	0	355,028	0
Impairment of investments in real estate	27,386	48,571	368,757	232,329
Depreciation and amortization	788,475	848,214	2,424,225	2,650,756
Total expenses	2,041,539	2,122,300	6,497,858	6,520,727
Other income (expense)
Loss from unconsolidated entities	(149,792)	(74,839)	(887,816)	(137,195)
Income from investments in real estate debt	142,396	184,849	408,928	610,117
Change in net assets of consolidated securitization vehicles	18,613	44,170	89,005	160,596
Loss from interest rate derivatives	(159,269)	(815,212)	(758,028)	(552,650)
Net gain on dispositions of real estate	332,883	988,970	933,186	1,271,414
Interest expense, net	(768,735)	(853,014)	(2,312,297)	(2,542,584)
Loss on extinguishment of debt	(17,186)	(19,608)	(54,060)	(71,660)
Other expense	(14,332)	(35,408)	(40,341)	(19,241)
Total other income (expense)	(615,422)	(580,092)	(2,621,423)	(1,281,203)
Net loss	(713,517)	(607,726)	(3,122,284)	(1,359,803)
Net loss (income) attributable to non-controlling interests in third party joint ventures	18,164	(37,374)	78,416	31,685
Net loss attributable to non-controlling interests in BREIT OP	56,671	39,041	220,071	70,547
Net loss attributable to BREIT stockholders	$ (638,682)	$ (606,059)	$ (2,823,797)	$ (1,257,571)
Net loss per share of common stock — basic (in dollars per share)	$ (0.18)	$ (0.16)	$ (0.79)	$ (0.33)
Net loss per share of common stock — diluted (in dollars per share)	$ (0.18)	$ (0.16)	$ (0.79)	$ (0.33)
Weighted-average shares of common stock outstanding, basic (in shares)	3,525,061	3,740,039	3,574,110	3,862,356
Weighted-average shares of common stock outstanding, diluted (in shares)	3,525,061	3,740,039	3,574,110	3,862,356
Rental revenue
Revenues
Total revenues	$ 1,719,143	$ 1,854,256	$ 5,322,192	$ 5,729,865
Expenses
Operating expenses	827,809	938,025	2,515,584	2,754,192
Hospitality revenue
Revenues
Total revenues	123,399	137,847	396,714	421,153
Expenses
Operating expenses	89,125	97,870	281,232	291,754
Other revenue
Revenues
Total revenues	$ 100,902	$ 102,563	$ 278,091	$ 291,109