2023 Q4 Form 10-Q Financial Statement

#000106163023000068 Filed on October 25, 2023

View on sec.gov

Income Statement

Concept 2023 Q4 2023 Q3
Revenue $505.0M $519.3M
YoY Change 9.24% 44.84%
Cost Of Revenue $377.6M $382.9M
YoY Change 23.79% 67.71%
Gross Profit $127.4M $136.5M
YoY Change -18.97% 4.77%
Gross Profit Margin 25.23% 26.28%
Selling, General & Admin $11.42M $10.64M
YoY Change 4.13% -2.47%
% of Gross Profit 8.96% 7.8%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $13.25M $12.00M
YoY Change -8.54% -7.2%
Operating Profit $114.2M $124.5M
YoY Change -20.03% 6.09%
Interest Expense $354.0M
YoY Change 74.92%
% of Operating Profit 284.37%
Other Income/Expense, Net
YoY Change
Pretax Income -$1.017M $32.13M
YoY Change -97.79% -69.43%
Income Tax $699.0K $1.600M
% Of Pretax Income 4.98%
Net Earnings -$2.377M $29.52M
YoY Change -95.0% -71.4%
Net Earnings / Revenue -0.47% 5.68%
Basic Earnings Per Share $0.17
Diluted Earnings Per Share -$0.01 $0.17
COMMON SHARES
Basic Shares Outstanding 172.3M shares 172.3M shares
Diluted Shares Outstanding 172.6M shares

Balance Sheet

Concept 2023 Q4 2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $350.0M $421.5M
YoY Change 20.14% 55.02%
Cash & Equivalents $350.0M $421.5M
Short-Term Investments
Other Short-Term Assets $153.4M $63.68M
YoY Change 120.6% 1393.18%
Inventory
Prepaid Expenses
Receivables $214.8M $189.6M
Other Receivables $0.00 $0.00
Total Short-Term Assets $718.3M $674.8M
YoY Change 30.49% 59.51%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $23.32B $23.37B
YoY Change -5.99% -4.13%
TOTAL ASSETS
Total Short-Term Assets $718.3M $674.8M
Total Long-Term Assets $23.32B $23.37B
Total Assets $24.04B $24.04B
YoY Change -5.2% -3.05%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $7.265M $7.742M
YoY Change -25.3% 6.46%
Accrued Expenses $124.2M $99.61M
YoY Change 8.83% 19.16%
Deferred Revenue
YoY Change
Short-Term Debt $15.37M $13.62M
YoY Change -6.16% 46.89%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $254.2M $227.8M
YoY Change 3.05% 10.53%
LONG-TERM LIABILITIES
Long-Term Debt $19.29B $19.27B
YoY Change -5.38% -3.18%
Other Long-Term Liabilities $108.3M $50.23M
YoY Change -39.89% 1430.97%
Total Long-Term Liabilities $19.39B $19.32B
YoY Change -5.68% -2.95%
TOTAL LIABILITIES
Total Short-Term Liabilities $254.2M $227.8M
Total Long-Term Liabilities $19.39B $19.32B
Total Liabilities $19.65B $19.55B
YoY Change -5.58% -2.81%
SHAREHOLDERS EQUITY
Retained Earnings -$1.151B -$1.041B
YoY Change 18.81% 27.8%
Common Stock $5.509B $5.501B
YoY Change 0.58% 0.59%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $4.368B $4.471B
YoY Change
Total Liabilities & Shareholders Equity $24.04B $24.04B
YoY Change -5.2% -3.05%

Cashflow Statement

Concept 2023 Q4 2023 Q3
OPERATING ACTIVITIES
Net Income -$2.377M $29.52M
YoY Change -95.0% -71.4%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities $109.8M $111.0M
YoY Change -15.69% 33.7%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities $257.0M $448.4M
YoY Change -580.66% 119.4%
Cash From Investing Activities $257.0M $448.4M
YoY Change -580.66% 119.4%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -440.5M -619.0M
YoY Change 583.91% 111.54%
NET CHANGE
Cash From Operating Activities 109.8M 111.0M
Cash From Investing Activities 257.0M 448.4M
Cash From Financing Activities -440.5M -619.0M
Net Change In Cash -73.71M -59.55M
YoY Change -697.11% 1044.95%
FREE CASH FLOW
Cash From Operating Activities $109.8M $111.0M
Capital Expenditures
Free Cash Flow
YoY Change

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CY2022Q3 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
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299000 usd
CY2022Q3 bxmt Adjustments To Additional Paid In Capital Deferred Compensation
AdjustmentsToAdditionalPaidInCapitalDeferredCompensation
173000 usd
CY2022Q3 us-gaap Profit Loss
ProfitLoss
103919000 usd
CY2022Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-3248000 usd
CY2022Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.62
CY2022Q3 us-gaap Dividends
Dividends
106197000 usd
CY2022Q3 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
568000 usd
CY2022Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
4683907000 usd
us-gaap Profit Loss
ProfitLoss
251613000 usd
us-gaap Profit Loss
ProfitLoss
298047000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
22926000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
25286000 usd
us-gaap Amortization Of Deferred Loan Origination Fees Net
AmortizationOfDeferredLoanOriginationFeesNet
60333000 usd
us-gaap Amortization Of Deferred Loan Origination Fees Net
AmortizationOfDeferredLoanOriginationFeesNet
59285000 usd
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
42620000 usd
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
35455000 usd
bxmt Increase Decrease In Current Expected Credit Loss Reserve
IncreaseDecreaseInCurrentExpectedCreditLossReserve
134530000 usd
bxmt Increase Decrease In Current Expected Credit Loss Reserve
IncreaseDecreaseInCurrentExpectedCreditLossReserve
22694000 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
4541000 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
us-gaap Difference Between Reported Amount And Reporting Currency Denominated Amount Value
DifferenceBetweenReportedAmountAndReportingCurrencyDenominatedAmountValue
0 usd
us-gaap Difference Between Reported Amount And Reporting Currency Denominated Amount Value
DifferenceBetweenReportedAmountAndReportingCurrencyDenominatedAmountValue
-31000 usd
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-3195000 usd
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
3227000 usd
bxmt Realized Gains Losses On Derivative Financial Instruments Net
RealizedGainsLossesOnDerivativeFinancialInstrumentsNet
23800000 usd
bxmt Realized Gains Losses On Derivative Financial Instruments Net
RealizedGainsLossesOnDerivativeFinancialInstrumentsNet
8418000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
931000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
72769000 usd
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-16226000 usd
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
28858000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
349053000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
266610000 usd
us-gaap Payments For Proceeds From Loans Receivable
PaymentsForProceedsFromLoansReceivable
1068853000 usd
us-gaap Payments For Proceeds From Loans Receivable
PaymentsForProceedsFromLoansReceivable
6210880000 usd
us-gaap Proceeds From Sale And Collection Of Loans Receivable
ProceedsFromSaleAndCollectionOfLoansReceivable
2325690000 usd
us-gaap Proceeds From Sale And Collection Of Loans Receivable
ProceedsFromSaleAndCollectionOfLoansReceivable
2670902000 usd
us-gaap Proceeds From Loan Originations1
ProceedsFromLoanOriginations1
11046000 usd
us-gaap Proceeds From Loan Originations1
ProceedsFromLoanOriginations1
67950000 usd
bxmt Payments For Derivative Instruments In Investing Activities
PaymentsForDerivativeInstrumentsInInvestingActivities
224367000 usd
bxmt Payments For Derivative Instruments In Investing Activities
PaymentsForDerivativeInstrumentsInInvestingActivities
7385000 usd
bxmt Proceeds From Derivative Instruments In Investing Activities
ProceedsFromDerivativeInstrumentsInInvestingActivities
40466000 usd
bxmt Proceeds From Derivative Instruments In Investing Activities
ProceedsFromDerivativeInstrumentsInInvestingActivities
279343000 usd
bxmt Payments For Collateral Deposits Related To Derivatives
PaymentsForCollateralDepositsRelatedToDerivatives
230620000 usd
bxmt Payments For Collateral Deposits Related To Derivatives
PaymentsForCollateralDepositsRelatedToDerivatives
56330000 usd
bxmt Proceeds From Collateral Deposits Related To Derivatives
ProceedsFromCollateralDepositsRelatedToDerivatives
333730000 usd
bxmt Proceeds From Collateral Deposits Related To Derivatives
ProceedsFromCollateralDepositsRelatedToDerivatives
56330000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
1187092000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-3200070000 usd
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
1490503000 usd
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
4857829000 usd
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
2162706000 usd
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
3090429000 usd
bxmt Repayments For Collateralized Loan Obligations
RepaymentsForCollateralizedLoanObligations
161030000 usd
bxmt Repayments For Collateralized Loan Obligations
RepaymentsForCollateralizedLoanObligations
0 usd
bxmt Proceeds From Asset Specific Debt Agreements
ProceedsFromAssetSpecificDebtAgreements
223357000 usd
bxmt Proceeds From Asset Specific Debt Agreements
ProceedsFromAssetSpecificDebtAgreements
654578000 usd
bxmt Repayments Of Asset Specific Debt Agreements
RepaymentsOfAssetSpecificDebtAgreements
239037000 usd
bxmt Repayments Of Asset Specific Debt Agreements
RepaymentsOfAssetSpecificDebtAgreements
78659000 usd
bxmt Proceeds From Sale Of Loan Participation
ProceedsFromSaleOfLoanParticipation
50692000 usd
bxmt Proceeds From Sale Of Loan Participation
ProceedsFromSaleOfLoanParticipation
245278000 usd
bxmt Proceeds From Issuance Of Secured Term Loan
ProceedsFromIssuanceOfSecuredTermLoan
0 usd
bxmt Proceeds From Issuance Of Secured Term Loan
ProceedsFromIssuanceOfSecuredTermLoan
492500000 usd
bxmt Repayments Of Secured Term Loans
RepaymentsOfSecuredTermLoans
16497000 usd
bxmt Repayments Of Secured Term Loans
RepaymentsOfSecuredTermLoans
11554000 usd
us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
28525000 usd
us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
0 usd
us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
0 usd
us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
294000000 usd
us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
220000000 usd
us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
402500000 usd
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
18680000 usd
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
37747000 usd
us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
0 usd
us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
5040000 usd
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
5436000 usd
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
11927000 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
70651000 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
320104000 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
315430000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-1407463000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
2671630000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
128682000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-261830000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
291340000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
551154000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1473000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-17425000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
421495000 usd
us-gaap Interest Paid Net
InterestPaidNet
981945000 usd
us-gaap Interest Paid Net
InterestPaidNet
374646000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
5228000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
730000 usd
bxmt Dividends Declared And Not Paid
DividendsDeclaredAndNotPaid
106824000 usd
bxmt Dividends Declared And Not Paid
DividendsDeclaredAndNotPaid
105956000 usd
bxmt Loan Principal Payments Held By Servicer
LoanPrincipalPaymentsHeldByServicer
12713000 usd
bxmt Loan Principal Payments Held By Servicer
LoanPrincipalPaymentsHeldByServicer
1902000 usd
CY2023Q3 bxmt Financing Receivable Number Of Loans
FinancingReceivableNumberOfLoans
185 loan
CY2023Q3 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
23715901000 usd
CY2023Q3 bxmt Financing Receivable Loans Exposure Amount
FinancingReceivableLoansExposureAmount
24912876000 usd
us-gaap Nature Of Operations
NatureOfOperations
ORGANIZATION <div style="margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">References herein to “Blackstone Mortgage Trust,” “Company,” “we,” “us” or “our” refer to Blackstone Mortgage Trust, Inc., a Maryland corporation, and its subsidiaries unless the context specifically requires otherwise. </span></div><div style="margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">Blackstone Mortgage Trust is a real estate finance company that originates senior loans collateralized by commercial real estate in North America, Europe, and Australia. Our portfolio is composed primarily of loans secured by high-quality, institutional assets in major markets, sponsored by experienced, well-capitalized real estate investment owners and operators. These senior loans are capitalized by accessing a variety of financing options, including borrowing under our credit facilities, issuing CLOs or single-asset securitizations, and syndicating senior loan participations, depending on our view of the most prudent financing option available for each of our investments. We are not in the business of buying or trading securities, and the only securities we own are the retained interests from our securitization financing transactions, which we have not financed. We are externally managed by BXMT Advisors L.L.C., or our Manager, a subsidiary of Blackstone Inc., or Blackstone, and are a real estate investment trust, or REIT, traded on the New York Stock Exchange, or NYSE, under the symbol “BXMT.” Our principal executive offices are located at 345 Park Avenue, 24th Floor, New York, New York 10154. </span></div><div style="margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">We conduct our operations as a REIT for U.S. federal income tax purposes. We generally will not be subject to U.S. federal income taxes on our taxable income to the extent that we annually distribute all of our net taxable income to stockholders and maintain our qualification as a REIT. We also operate our business in a manner that permits us to maintain an exclusion from registration under the Investment Company Act of 1940, as amended. We are organized as a holding company and conduct our business primarily through our various subsidiaries.</span></div>
CY2017Q4 bxmt Joint Venture Capital Contribution Percentage
JointVentureCapitalContributionPercentage
0.85
us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-bottom:6pt;margin-top:18pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:115%">Use of Estimates </span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">The preparation of consolidated financial statements in conformity with GAAP requires us to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results may ultimately differ materially from those estimates.</span></div>
us-gaap Revenue Recognition Interest
RevenueRecognitionInterest
<div style="margin-top:18pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:115%">Revenue Recognition </span></div><div style="margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">Interest income from our loans receivable portfolio is recognized over the life of each investment using the effective interest method and is recorded on the accrual basis. Recognition of fees, premiums, and discounts associated with these investments is deferred and recorded over the term of the loan as an adjustment to yield. Income accrual is generally suspended for loans at the earlier of the date at which payments become 90 days past due or when, in our opinion, recovery of income and principal becomes doubtful. Interest received is then recorded as income or as a reduction in the amortized cost basis, based on the specific facts and circumstances, until accrual is resumed when the loan becomes contractually current and performance is demonstrated to be resumed. In addition, for loans we originate, the related origination expenses are deferred and recognized as a reduction to interest income, however expenses related to loans we acquire are included in general and administrative expenses as incurred.</span></div>
CY2023Q3 bxmt Financing Receivable Excluding Accrued Interest Net Loans Exposure Amount
FinancingReceivableExcludingAccruedInterestNetLoansExposureAmount
22134209000 usd
CY2023Q3 bxmt Financing Receivable Percentage Of Loan Portfolio
FinancingReceivablePercentageOfLoanPortfolio
1
CY2023Q3 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
463423000 usd
CY2023Q3 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
23252478000 usd
CY2023Q3 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss Fee And Loan In Process
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLossFeeAndLoanInProcess
23800000000 usd
CY2023Q3 bxmt Loan Exposure Amount Including Non Consolidated Senior Interests
LoanExposureAmountIncludingNonConsolidatedSeniorInterests
1100000000 usd
CY2023Q3 us-gaap Restricted Cash
RestrictedCash
0 usd
CY2022Q4 us-gaap Restricted Cash
RestrictedCash
0 usd
CY2023Q3 us-gaap Escrow Deposit
EscrowDeposit
634700000 usd
CY2022Q4 us-gaap Escrow Deposit
EscrowDeposit
459600000 usd
CY2023Q3 bxmt Loan Exposure Amount Including Non Consolidated Senior Interests
LoanExposureAmountIncludingNonConsolidatedSeniorInterests
1100000000 usd
CY2023Q3 bxmt Net Loan Exposure Amount Asset Specific Debt
NetLoanExposureAmountAssetSpecificDebt
935400000 usd
bxmt Financing Receivable Unamortized Loan Fee Cost And Purchase Premium Discount Sale And Collection Of Finance Receivables And Cost Recovery Proceeds
FinancingReceivableUnamortizedLoanFeeCostAndPurchasePremiumDiscountSaleAndCollectionOfFinanceReceivablesAndCostRecoveryProceeds
40700000 usd
CY2023Q3 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
463400000 usd
CY2022Q4 bxmt Financing Receivable Number Of Loans
FinancingReceivableNumberOfLoans
203 loan
CY2022Q4 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
25017880000 usd
CY2022Q4 bxmt Financing Receivable Loans Exposure Amount
FinancingReceivableLoansExposureAmount
26810281000 usd
CY2023Q3 bxmt Financing Receivable Number Of Loans
FinancingReceivableNumberOfLoans
185 security_loan
CY2022Q4 bxmt Financing Receivable Number Of Loans
FinancingReceivableNumberOfLoans
203 security_loan
CY2023Q3 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss Fee And Loan In Process
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLossFeeAndLoanInProcess
23849497000 usd
CY2022Q4 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss Fee And Loan In Process
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLossFeeAndLoanInProcess
25160343000 usd
CY2023Q3 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
23252478000 usd
CY2022Q4 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
24691743000 usd
bxmt Mortgage Loan On Real Estate Final Maturity Term
MortgageLoanOnRealEstateFinalMaturityTerm
P2Y7M6D
CY2022 bxmt Mortgage Loan On Real Estate Final Maturity Term
MortgageLoanOnRealEstateFinalMaturityTerm
P3Y1M6D
CY2023Q3 bxmt Loans Receivable Percentage Of Loans By Principal Balance Fixed Rate
LoansReceivablePercentageOfLoansByPrincipalBalanceFixedRate
0.01
CY2023Q3 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss Fee And Loan In Process
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLossFeeAndLoanInProcess
23849497000 usd
CY2022Q4 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss Fee And Loan In Process
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLossFeeAndLoanInProcess
25160343000 usd
CY2022Q4 us-gaap Financing Receivable Unamortized Loan Commitment Origination Fee And Premium Discount
FinancingReceivableUnamortizedLoanCommitmentOriginationFeeAndPremiumDiscount
-142463000 usd
CY2022Q4 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
25017880000 usd
bxmt Financing Receivable New Issue
FinancingReceivableNewIssue
1068853000 usd
bxmt Financing Receivable New Issue
FinancingReceivableNewIssue
1068853000 usd
bxmt Financing Receivable Sale And Collection Of Finance Receivables And Cost Recovery Proceeds
FinancingReceivableSaleAndCollectionOfFinanceReceivablesAndCostRecoveryProceeds
2280034000 usd
bxmt Financing Receivable Unamortized Loan Fee Cost And Purchase Premium Discount Sale And Collection Of Finance Receivables And Cost Recovery Proceeds
FinancingReceivableUnamortizedLoanFeeCostAndPurchasePremiumDiscountSaleAndCollectionOfFinanceReceivablesAndCostRecoveryProceeds
40733000 usd
bxmt Financing Receivable Before Allowance For Credit Loss Fee And Loan In Process Sale And Collection Of Finance Receivables And Cost Recovery Proceeds
FinancingReceivableBeforeAllowanceForCreditLossFeeAndLoanInProcessSaleAndCollectionOfFinanceReceivablesAndCostRecoveryProceeds
2320767000 usd
bxmt Financing Receivable Gain Loss On Foreign Currency Translation
FinancingReceivableGainLossOnForeignCurrencyTranslation
-99665000 usd
bxmt Financing Receivable Unamortized Loan Fee Cost And Purchase Premium Discount Gain Loss On Foreign Currency Translation
FinancingReceivableUnamortizedLoanFeeCostAndPurchasePremiumDiscountGainLossOnForeignCurrencyTranslation
-313000 usd
bxmt Financing Receivable Before Allowance For Credit Loss Fee And Loan In Process Gain Loss On Foreign Currency Translation
FinancingReceivableBeforeAllowanceForCreditLossFeeAndLoanInProcessGainLossOnForeignCurrencyTranslation
-99352000 usd
bxmt Financing Receivable Unamortized Loan Fee Cost And Purchase Premium Discount New Issues
FinancingReceivableUnamortizedLoanFeeCostAndPurchasePremiumDiscountNewIssues
11046000 usd
bxmt Financing Receivable Unamortized Loan Fee Cost And Purchase Premium Discount New Issues
FinancingReceivableUnamortizedLoanFeeCostAndPurchasePremiumDiscountNewIssues
11046000 usd
bxmt Financing Receivable Unamortized Loan Fee Cost And Purchase Premium Discount Amortization
FinancingReceivableUnamortizedLoanFeeCostAndPurchasePremiumDiscountAmortization
60333000 usd
bxmt Financing Receivable Unamortized Loan Fee Cost And Purchase Premium Discount Amortization
FinancingReceivableUnamortizedLoanFeeCostAndPurchasePremiumDiscountAmortization
60333000 usd
CY2023Q3 us-gaap Financing Receivable Unamortized Loan Commitment Origination Fee And Premium Discount
FinancingReceivableUnamortizedLoanCommitmentOriginationFeeAndPremiumDiscount
-133596000 usd
CY2023Q3 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
23715901000 usd
CY2023Q3 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
463423000 usd
CY2023Q3 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
23252478000 usd
CY2023Q3 bxmt Financing Receivable Number Of Loans
FinancingReceivableNumberOfLoans
185 loan
CY2023Q3 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
23715901000 usd
CY2023Q3 bxmt Financing Receivable Loans Exposure Amount
FinancingReceivableLoansExposureAmount
24912876000 usd
CY2023Q3 bxmt Financing Receivable Excluding Accrued Interest Net Loans Exposure Amount
FinancingReceivableExcludingAccruedInterestNetLoansExposureAmount
22134209000 usd
CY2023Q3 bxmt Financing Receivable Percentage Of Loan Portfolio
FinancingReceivablePercentageOfLoanPortfolio
1
CY2023Q3 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
463423000 usd
CY2023Q3 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
23252478000 usd
CY2022Q4 bxmt Financing Receivable Excluding Accrued Interest Net Loans Exposure Amount
FinancingReceivableExcludingAccruedInterestNetLoansExposureAmount
23659183000 usd
CY2022Q4 bxmt Financing Receivable Percentage Of Loan Portfolio
FinancingReceivablePercentageOfLoanPortfolio
1
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
326137000 usd
CY2022Q4 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
24691743000 usd
CY2022Q4 bxmt Financing Receivable Percentage Of Loan Portfolio
FinancingReceivablePercentageOfLoanPortfolio
1
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
326137000 usd
CY2022Q4 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
24691743000 usd
CY2022Q4 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss Fee And Loan In Process
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLossFeeAndLoanInProcess
25200000000 usd
CY2022Q4 bxmt Loan Exposure Amount Including Non Consolidated Senior Interests
LoanExposureAmountIncludingNonConsolidatedSeniorInterests
1600000000 usd
CY2022Q4 bxmt Loan Exposure Amount Including Non Consolidated Senior Interests
LoanExposureAmountIncludingNonConsolidatedSeniorInterests
1600000000 usd
CY2022Q4 bxmt Net Loan Exposure Amount Asset Specific Debt
NetLoanExposureAmountAssetSpecificDebt
950300000 usd
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
326100000 usd
CY2023Q3 bxmt Financing Receivable Number Of Loans
FinancingReceivableNumberOfLoans
185 loan
CY2023Q3 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
23715901000 usd
CY2023Q3 bxmt Financing Receivable Loans Exposure Amount
FinancingReceivableLoansExposureAmount
24912876000 usd
CY2023Q3 bxmt Financing Receivable Excluding Accrued Interest Net Loans Exposure Amount
FinancingReceivableExcludingAccruedInterestNetLoansExposureAmount
22134209000 usd
CY2023Q3 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
463423000 usd
CY2023Q3 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
23252478000 usd
CY2022Q4 bxmt Financing Receivable Number Of Loans
FinancingReceivableNumberOfLoans
203 loan
CY2022Q4 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
25017880000 usd
CY2022Q4 bxmt Financing Receivable Loans Exposure Amount
FinancingReceivableLoansExposureAmount
26810281000 usd
CY2022Q4 bxmt Financing Receivable Excluding Accrued Interest Net Loans Exposure Amount
FinancingReceivableExcludingAccruedInterestNetLoansExposureAmount
23659183000 usd
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
326137000 usd
CY2022Q4 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
24691743000 usd
CY2023Q3 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss Fee And Loan In Process
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLossFeeAndLoanInProcess
23800000000 usd
CY2023Q3 bxmt Loan Exposure Amount Including Non Consolidated Senior Interests
LoanExposureAmountIncludingNonConsolidatedSeniorInterests
1100000000 usd
CY2022Q4 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss Fee And Loan In Process
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLossFeeAndLoanInProcess
25200000000 usd
CY2022Q4 bxmt Loan Exposure Amount Including Non Consolidated Senior Interests
LoanExposureAmountIncludingNonConsolidatedSeniorInterests
1600000000 usd
CY2023Q3 bxmt Loan Exposure Amount Including Non Consolidated Senior Interests
LoanExposureAmountIncludingNonConsolidatedSeniorInterests
1100000000 usd
CY2023Q3 bxmt Net Loan Exposure Amount Asset Specific Debt
NetLoanExposureAmountAssetSpecificDebt
935400000 usd
bxmt Financing Receivable Unamortized Loan Fee Cost And Purchase Premium Discount Sale And Collection Of Finance Receivables And Cost Recovery Proceeds
FinancingReceivableUnamortizedLoanFeeCostAndPurchasePremiumDiscountSaleAndCollectionOfFinanceReceivablesAndCostRecoveryProceeds
40700000 usd
CY2023Q3 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
463400000 usd
CY2022Q4 bxmt Loan Exposure Amount Including Non Consolidated Senior Interests
LoanExposureAmountIncludingNonConsolidatedSeniorInterests
1600000000 usd
CY2022Q4 bxmt Net Loan Exposure Amount Asset Specific Debt
NetLoanExposureAmountAssetSpecificDebt
950300000 usd
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
326100000 usd
CY2023Q3 bxmt Weighted Average Risk Rating
WeightedAverageRiskRating
2.9
CY2022Q4 bxmt Weighted Average Risk Rating
WeightedAverageRiskRating
2.9
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
326137000 usd
CY2023Q1 us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Period Increase Decrease
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossPeriodIncreaseDecrease
10454000 usd
CY2023Q1 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
336591000 usd
CY2023Q2 us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Period Increase Decrease
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossPeriodIncreaseDecrease
27284000 usd
CY2023Q2 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
363875000 usd
CY2023Q3 us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Period Increase Decrease
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossPeriodIncreaseDecrease
99548000 usd
CY2023Q3 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
463423000 usd
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
124679000 usd
CY2022Q1 us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Period Increase Decrease
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossPeriodIncreaseDecrease
-2458000 usd
CY2022Q1 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
122221000 usd
CY2022Q2 us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Period Increase Decrease
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossPeriodIncreaseDecrease
10803000 usd
CY2022Q2 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
133024000 usd
CY2022Q3 us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Period Increase Decrease
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossPeriodIncreaseDecrease
11407000 usd
CY2022Q3 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
144431000 usd
CY2023Q3 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
463400000 usd
CY2023Q3 us-gaap Proceeds From Principal Repayments On Loans And Leases Held For Investment
ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
10200000 usd
CY2023Q3 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
463423000 usd
CY2023Q3 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
23252478000 usd
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
326137000 usd
CY2022Q4 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
24691743000 usd
bxmt Financing Receivable Modified Number Of Contracts
FinancingReceivableModifiedNumberOfContracts
4 loan
CY2023Q3 us-gaap Interest Receivable
InterestReceivable
189609000 usd
CY2022Q4 us-gaap Interest Receivable
InterestReceivable
189569000 usd
CY2023Q3 us-gaap Derivative Assets
DerivativeAssets
114558000 usd
CY2022Q4 us-gaap Derivative Assets
DerivativeAssets
7349000 usd
CY2023Q3 bxmt Loan Portfolio Payments Held By Our Third Party Loan Servicer
LoanPortfolioPaymentsHeldByOurThirdPartyLoanServicer
63566000 usd
CY2022Q4 bxmt Loan Portfolio Payments Held By Our Third Party Loan Servicer
LoanPortfolioPaymentsHeldByOurThirdPartyLoanServicer
68489000 usd
CY2023Q3 bxmt Accounts Receivable Net Current And Other Assets Current
AccountsReceivableNetCurrentAndOtherAssetsCurrent
1595000 usd
CY2022Q4 bxmt Accounts Receivable Net Current And Other Assets Current
AccountsReceivableNetCurrentAndOtherAssetsCurrent
1318000 usd
CY2023Q3 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
118000 usd
CY2022Q4 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
1067000 usd
CY2023Q3 us-gaap Collateral Already Posted Aggregate Fair Value
CollateralAlreadyPostedAggregateFairValue
0 usd
CY2022Q4 us-gaap Collateral Already Posted Aggregate Fair Value
CollateralAlreadyPostedAggregateFairValue
103110000 usd
CY2023Q3 us-gaap Other Assets
OtherAssets
369446000 usd
CY2022Q4 us-gaap Other Assets
OtherAssets
370902000 usd
CY2023Q3 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
106824000 usd
CY2022Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
106455000 usd
CY2023Q3 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
70724000 usd
CY2022Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
80263000 usd
CY2023Q3 bxmt Secured Debt Repayments Pending Servicer Remittance
SecuredDebtRepaymentsPendingServicerRemittance
49903000 usd
CY2022Q4 bxmt Secured Debt Repayments Pending Servicer Remittance
SecuredDebtRepaymentsPendingServicerRemittance
60585000 usd
CY2023Q3 us-gaap Off Balance Sheet Credit Loss Liability
OffBalanceSheetCreditLossLiability
13624000 usd
CY2022Q4 us-gaap Off Balance Sheet Credit Loss Liability
OffBalanceSheetCreditLossLiability
16380000 usd
CY2023Q3 us-gaap Accounts Payable And Other Accrued Liabilities
AccountsPayableAndOtherAccruedLiabilities
7742000 usd
CY2022Q4 us-gaap Accounts Payable And Other Accrued Liabilities
AccountsPayableAndOtherAccruedLiabilities
9726000 usd
CY2023Q3 us-gaap Derivative Liabilities
DerivativeLiabilities
328000 usd
CY2022Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
119665000 usd
CY2023Q3 us-gaap Other Liabilities
OtherLiabilities
278027000 usd
CY2022Q4 us-gaap Other Liabilities
OtherLiabilities
426904000 usd
CY2023Q3 bxmt Debt Instrument Covenant Requirement On Consolidated Tangible Net Worth Minimum
DebtInstrumentCovenantRequirementOnConsolidatedTangibleNetWorthMinimum
3600000000 usd
CY2023Q3 bxmt Debt Instrument Covenant Maximum Percentage Of Cash Liquidity On Recourse Indebtedness
DebtInstrumentCovenantMaximumPercentageOfCashLiquidityOnRecourseIndebtedness
0.05
CY2023Q3 bxmt Interest Expense Secured Debt
InterestExpenseSecuredDebt
44500000 usd
bxmt Interest Expense Secured Debt
InterestExpenseSecuredDebt
127600000 usd
CY2022Q3 bxmt Interest Expense Secured Debt
InterestExpenseSecuredDebt
26100000 usd
bxmt Interest Expense Secured Debt
InterestExpenseSecuredDebt
52600000 usd
CY2023Q3 us-gaap Share Price
SharePrice
21.75
CY2023Q3 us-gaap Derivative Assets
DerivativeAssets
114558000 usd
CY2022Q4 us-gaap Derivative Assets
DerivativeAssets
7349000 usd
CY2023Q3 us-gaap Derivative Liabilities
DerivativeLiabilities
328000 usd
CY2022Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
119665000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
72032000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
22498000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Reclassification For Discontinuance Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeReclassificationForDiscontinuanceBeforeTax
384000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Reclassification For Discontinuance Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeReclassificationForDiscontinuanceBeforeTax
459000 usd
CY2023Q3 us-gaap Interest Expense
InterestExpense
354000000.0 usd
us-gaap Interest Expense
InterestExpense
1000000000.0 usd
CY2023Q3 us-gaap Collateral Already Posted Aggregate Fair Value
CollateralAlreadyPostedAggregateFairValue
0 usd
CY2022Q4 us-gaap Collateral Already Posted Aggregate Fair Value
CollateralAlreadyPostedAggregateFairValue
103100000 usd
CY2023Q3 bxmt Stock Shares Authorized
StockSharesAuthorized
500000000 shares
CY2023Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000 shares
CY2023Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2022Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2023Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2022Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2022Q4 bxmt Common Stock Shares Outstanding Including Stock Equivalents
CommonStockSharesOutstandingIncludingStockEquivalents
172106593 shares
CY2021Q4 bxmt Common Stock Shares Outstanding Including Stock Equivalents
CommonStockSharesOutstandingIncludingStockEquivalents
168543370 shares
us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
5079 shares
us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
2308889 shares
us-gaap Stock Issued During Period Shares Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures
489955 shares
us-gaap Stock Issued During Period Shares Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures
407581 shares
us-gaap Deferred Compensation Arrangement With Individual Shares Issued
DeferredCompensationArrangementWithIndividualSharesIssued
43656 shares
us-gaap Deferred Compensation Arrangement With Individual Shares Issued
DeferredCompensationArrangementWithIndividualSharesIssued
35940 shares
CY2023Q3 bxmt Common Stock Shares Outstanding Including Stock Equivalents
CommonStockSharesOutstandingIncludingStockEquivalents
172645283 shares
CY2022Q3 bxmt Common Stock Shares Outstanding Including Stock Equivalents
CommonStockSharesOutstandingIncludingStockEquivalents
171295780 shares
CY2023Q3 bxmt Deferred Stock Units
DeferredStockUnits
349232 shares
CY2022Q3 bxmt Deferred Stock Units
DeferredStockUnits
399512 shares
us-gaap Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
5079 shares
us-gaap Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
5420 shares
us-gaap Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
5079 shares
us-gaap Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
5420 shares
CY2023Q3 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.62
CY2023Q3 us-gaap Dividends
Dividends
106800000 usd
CY2023Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.62
CY2022Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.62
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.86
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.86
CY2023Q3 us-gaap Dividends Share Based Compensation
DividendsShareBasedCompensation
209000 usd
CY2022Q3 us-gaap Dividends Share Based Compensation
DividendsShareBasedCompensation
241000 usd
us-gaap Dividends Share Based Compensation
DividendsShareBasedCompensation
662000 usd
us-gaap Dividends Share Based Compensation
DividendsShareBasedCompensation
698000 usd
CY2023Q3 us-gaap Dividends
Dividends
107033000 usd
CY2022Q3 us-gaap Dividends
Dividends
106197000 usd
us-gaap Dividends
Dividends
321133000 usd
us-gaap Dividends
Dividends
317812000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
29524000 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
103246000 usd
us-gaap Net Income Loss
NetIncomeLoss
248932000 usd
us-gaap Net Income Loss
NetIncomeLoss
296183000 usd
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
172648118 shares
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
170971874 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
172620799 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
170303470 shares
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.17
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.60
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.44
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.74
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
29524000 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
103246000 usd
us-gaap Net Income Loss
NetIncomeLoss
248932000 usd
us-gaap Net Income Loss
NetIncomeLoss
296183000 usd
CY2023Q3 us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
0 usd
CY2022Q3 us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
5905000 usd
us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
10667000 usd
us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
14218000 usd
CY2023Q3 us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
29524000 usd
CY2022Q3 us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
109151000 usd
us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
259599000 usd
us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
310401000 usd
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
172648118 shares
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
170971874 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
172620799 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
170303470 shares
CY2023Q3 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
0 shares
CY2022Q3 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
14344204 shares
us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
8271060 shares
us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
11708372 shares
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
172648118 shares
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
185316078 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
180891859 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
182011842 shares
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.17
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.59
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.44
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.71
CY2023Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
10600000 usd
CY2023Q3 us-gaap Aoci Loss Cash Flow Hedge Cumulative Gain Loss After Tax
AociLossCashFlowHedgeCumulativeGainLossAfterTax
281800000 usd
CY2023Q3 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
-271200000 usd
CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
10000000 usd
CY2022Q4 us-gaap Aoci Loss Cash Flow Hedge Cumulative Gain Loss After Tax
AociLossCashFlowHedgeCumulativeGainLossAfterTax
259800000 usd
CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
-249800000 usd
CY2023Q3 us-gaap Professional Fees
ProfessionalFees
3038000 usd
CY2022Q3 us-gaap Professional Fees
ProfessionalFees
2695000 usd
us-gaap Professional Fees
ProfessionalFees
9579000 usd
us-gaap Professional Fees
ProfessionalFees
8086000 usd
CY2023Q3 bxmt General And Administrative Operating And Other Costs
GeneralAndAdministrativeOperatingAndOtherCosts
1357000 usd
CY2022Q3 bxmt General And Administrative Operating And Other Costs
GeneralAndAdministrativeOperatingAndOtherCosts
2018000 usd
bxmt General And Administrative Operating And Other Costs
GeneralAndAdministrativeOperatingAndOtherCosts
5383000 usd
bxmt General And Administrative Operating And Other Costs
GeneralAndAdministrativeOperatingAndOtherCosts
4329000 usd
CY2023Q3 bxmt Core General And Administrative Expenses
CoreGeneralAndAdministrativeExpenses
4395000 usd
CY2022Q3 bxmt Core General And Administrative Expenses
CoreGeneralAndAdministrativeExpenses
4713000 usd
bxmt Core General And Administrative Expenses
CoreGeneralAndAdministrativeExpenses
14962000 usd
bxmt Core General And Administrative Expenses
CoreGeneralAndAdministrativeExpenses
12415000 usd
CY2023Q3 us-gaap Restricted Stock Expense
RestrictedStockExpense
7434000 usd
CY2022Q3 us-gaap Restricted Stock Expense
RestrictedStockExpense
8046000 usd
us-gaap Restricted Stock Expense
RestrictedStockExpense
22418000 usd
us-gaap Restricted Stock Expense
RestrictedStockExpense
24768000 usd
CY2023Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
172000 usd
CY2022Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
173000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
508000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
518000 usd
CY2023Q3 bxmt Non Cash And Legacy Compensation Expenses
NonCashAndLegacyCompensationExpenses
7606000 usd
CY2022Q3 bxmt Non Cash And Legacy Compensation Expenses
NonCashAndLegacyCompensationExpenses
8219000 usd
bxmt Non Cash And Legacy Compensation Expenses
NonCashAndLegacyCompensationExpenses
22926000 usd
bxmt Non Cash And Legacy Compensation Expenses
NonCashAndLegacyCompensationExpenses
25286000 usd
CY2023Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
12001000 usd
CY2022Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
12932000 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
37888000 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
37701000 usd
CY2023Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1600000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4700000 usd
CY2022Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1200000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2100000 usd
CY2013Q2 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
25875000 shares
CY2023Q3 bxmt Operating Loss Carryforwards Limitations On Use Annual Limitation
OperatingLossCarryforwardsLimitationsOnUseAnnualLimitation
2000000.0 usd
CY2023Q3 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
159000000.0 usd
CY2023Q3 bxmt Number Of Current Benefit Plans
NumberOfCurrentBenefitPlans
2 plan
CY2023Q3 bxmt Number Of Benefit Plans
NumberOfBenefitPlans
9 plan
CY2023Q3 bxmt Number Of Expired Benefit Plans
NumberOfExpiredBenefitPlans
7 plan
CY2023Q3 bxmt Securitized Debt Obligations Excluded From Contractual Obligations
SecuritizedDebtObligationsExcludedFromContractualObligations
2500000000 usd
CY2023Q3 bxmt Nonconsolidated Securitized Debt Excluded From Contractual Obligations
NonconsolidatedSecuritizedDebtExcludedFromContractualObligations
1100000000 usd
CY2023Q3 bxmt Net Loan Exposure Amount Loan Participations Sold
NetLoanExposureAmountLoanParticipationsSold
275700000 usd
bxmt Board Of Directors Number Of Members
BoardOfDirectorsNumberOfMembers
10 director
bxmt Number Of Directors Eligible For Annual Compensation
NumberOfDirectorsEligibleForAnnualCompensation
6 director
bxmt Number Of Directors Not Eligible For Compensation
NumberOfDirectorsNotEligibleForCompensation
4 director
CY2023Q3 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
421495000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
291340000 usd
CY2023Q3 us-gaap Loans Receivable Fair Value Disclosure
LoansReceivableFairValueDisclosure
23849497000 usd
CY2022Q4 us-gaap Loans Receivable Fair Value Disclosure
LoansReceivableFairValueDisclosure
25160343000 usd
CY2023Q3 bxmt Securitized Debt Obligations Net Face Amount
SecuritizedDebtObligationsNetFaceAmount
2512511000 usd
CY2022Q4 bxmt Securitized Debt Obligations Net Face Amount
SecuritizedDebtObligationsNetFaceAmount
2673541000 usd
CY2023Q3 bxmt Asset Specific Debt Gross
AssetSpecificDebtGross
935435000 usd
CY2022Q4 bxmt Asset Specific Debt Gross
AssetSpecificDebtGross
950278000 usd
CY2023Q3 bxmt Participating Mortgage Loans Participation Liabilities Principal Amount
ParticipatingMortgageLoansParticipationLiabilitiesPrincipalAmount
275697000 usd
CY2022Q4 bxmt Participating Mortgage Loans Participation Liabilities Principal Amount
ParticipatingMortgageLoansParticipationLiabilitiesPrincipalAmount
224744000 usd
CY2023Q3 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
139400000 usd
CY2023Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
2790960000 usd
CY2023Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
2114802000 usd
CY2023Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
5563566000 usd
CY2023Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
3939887000 usd
CY2023Q3 bxmt Long Term Debt Maturity After Year Four
LongTermDebtMaturityAfterYearFour
2004043000 usd
CY2023Q3 us-gaap Long Term Debt
LongTermDebt
16552658000 usd
bxmt Debt Instrument Amortization Percentage
DebtInstrumentAmortizationPercentage
0.010

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