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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The Company’s net loss and weighted average shares outstanding for the three and six months ended June 30, 2025 and 2024, consist of the following (dollars in thousands, except per share data):
Three Months Ended June 30,Six Months Ended June 30,
2025202420252024
Net loss$(25,172)$(68,683)$(21,465)$(125,792)
Net income (loss) attributable to noncontrolling interests:
Investment Entities2,054 823 3,688 827 
Net loss attributable to BrightSpire Capital, Inc. common stockholders$(23,118)$(67,860)$(17,777)$(124,965)
Numerator:
Dividends allocated to participating securities (non-vested shares)$(471)$(509)$(940)$(1,050)
Net loss attributable to common stockholders$(23,589)$(68,369)$(18,717)$(126,015)
Denominator:
Weighted average shares outstanding - basic(1)
127,247 127,986 127,165 127,656 
Weighted average shares outstanding - diluted(2)
127,247 127,986 127,165 127,656 
Net loss per common share - basic$(0.19)$(0.53)$(0.15)$(0.99)
Net loss per common share - diluted$(0.19)$(0.53)$(0.15)$(0.99)
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(1)The outstanding shares used to calculate the weighted average basic shares outstanding exclude 2,945,872 and 2,547,009 of restricted stock awards as of June 30, 2025 and June 30, 2024, net of forfeitures, respectively, as those shares were issued but were not vested and therefore, not considered outstanding for purposes of computing basic net income (loss) per common share.
(2)The calculation of diluted earnings per share for the three and six months ended June 30, 2025, excludes the effect of weighted average unvested non-participating restricted shares of 2,938,780 and 2,859,189, respectively, as the effect would be antidilutive. The calculation of diluted earnings per share for the three and six months ended June 30, 2024 excludes the effect of weighted average unvested non-participating restricted shares of 2,679,084 and 2,733,024, respectively, as the effect would be antidilutive.