2017 Q2 Form 10-Q Financial Statement
#000119312517136783 Filed on April 25, 2017
Income Statement
Concept | 2017 Q2 | 2017 Q1 | 2016 Q1 |
---|---|---|---|
Revenue | $126.8M | $118.5M | $123.0M |
YoY Change | -2.79% | -3.66% | 94.02% |
Cost Of Revenue | $54.40M | $46.70M | $45.40M |
YoY Change | 10.79% | 2.86% | 87.6% |
Gross Profit | $72.50M | $71.80M | $77.60M |
YoY Change | -10.93% | -7.47% | 97.96% |
Gross Profit Margin | 57.17% | 60.58% | 63.08% |
Selling, General & Admin | $21.80M | $20.30M | $20.40M |
YoY Change | -3.54% | -0.49% | 42.66% |
% of Gross Profit | 30.07% | 28.27% | 26.29% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | |||
YoY Change | |||
% of Gross Profit | |||
Operating Expenses | $21.70M | $20.30M | $20.40M |
YoY Change | -3.98% | -0.49% | 42.66% |
Operating Profit | $50.80M | $51.50M | $57.20M |
YoY Change | -13.61% | -9.97% | 129.72% |
Interest Expense | $54.35M | $46.67M | $45.38M |
YoY Change | 10.78% | 2.85% | 87.83% |
% of Operating Profit | 106.99% | 90.63% | 79.34% |
Other Income/Expense, Net | |||
YoY Change | |||
Pretax Income | $50.71M | $51.49M | $57.44M |
YoY Change | -26.83% | -10.35% | 23.96% |
Income Tax | $94.00K | $89.00K | $241.0K |
% Of Pretax Income | 0.19% | 0.17% | 0.42% |
Net Earnings | $50.61M | $51.41M | $57.05M |
YoY Change | -19.77% | -9.89% | 61.18% |
Net Earnings / Revenue | 39.91% | 43.37% | 46.37% |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | $532.6K | $541.1K | $605.7K |
COMMON SHARES | |||
Basic Shares Outstanding | 94.83M shares | 94.82M shares | 93.93M shares |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2017 Q2 | 2017 Q1 | 2016 Q1 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $34.00M | $64.00M | $111.0M |
YoY Change | -81.32% | -42.34% | 516.67% |
Cash & Equivalents | $33.52M | $64.28M | $110.6M |
Short-Term Investments | |||
Other Short-Term Assets | |||
YoY Change | |||
Inventory | |||
Prepaid Expenses | |||
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $34.00M | $64.00M | $111.0M |
YoY Change | -81.32% | -42.34% | 516.67% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | |||
YoY Change | |||
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | $3.000M | ||
YoY Change | -75.0% | ||
Other Assets | $34.00M | $0.00 | |
YoY Change | -100.0% | ||
Total Long-Term Assets | $9.685B | $8.891B | $9.444B |
YoY Change | 4.07% | -5.86% | 86.35% |
TOTAL ASSETS | |||
Total Short-Term Assets | $34.00M | $64.00M | $111.0M |
Total Long-Term Assets | $9.685B | $8.891B | $9.444B |
Total Assets | $9.719B | $8.955B | $9.555B |
YoY Change | 2.43% | -6.28% | 87.88% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | |||
YoY Change | |||
Accrued Expenses | |||
YoY Change | |||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | -100.0% | ||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | |||
YoY Change | |||
LONG-TERM LIABILITIES | |||
Long-Term Debt | $7.096B | $6.282B | $6.953B |
YoY Change | 4.57% | -9.65% | 698.28% |
Other Long-Term Liabilities | $117.0M | $177.0M | $100.0M |
YoY Change | -39.38% | 77.0% | 58.73% |
Total Long-Term Liabilities | $7.213B | $6.459B | $7.053B |
YoY Change | 3.35% | -8.42% | 655.14% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | |||
Total Long-Term Liabilities | $7.213B | $6.459B | $7.053B |
Total Liabilities | $7.213B | $6.459B | $7.053B |
YoY Change | 3.34% | -8.43% | 96.84% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$556.9M | -$548.6M | -$547.1M |
YoY Change | 2.69% | 0.29% | 0.81% |
Common Stock | $3.104B | $3.097B | $3.075B |
YoY Change | 0.78% | 0.71% | 51.38% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $2.506B | $2.496B | $2.495B |
YoY Change | |||
Total Liabilities & Shareholders Equity | $9.719B | $8.955B | $9.555B |
YoY Change | 2.43% | -6.28% | 87.88% |
Cashflow Statement
Concept | 2017 Q2 | 2017 Q1 | 2016 Q1 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $50.61M | $51.41M | $57.05M |
YoY Change | -19.77% | -9.89% | 61.18% |
Depreciation, Depletion And Amortization | |||
YoY Change | |||
Cash From Operating Activities | $53.40M | $57.40M | $65.80M |
YoY Change | -7.13% | -12.77% | 103.09% |
INVESTING ACTIVITIES | |||
Capital Expenditures | |||
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$221.5M | -$124.5M | -$146.0M |
YoY Change | -347.49% | -14.73% | -74.12% |
Cash From Investing Activities | -$221.5M | -$124.5M | -$146.0M |
YoY Change | -347.49% | -14.73% | -74.12% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $8.000K | $6.000K | |
YoY Change | 33.33% | 100.0% | |
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 169.0M | 55.20M | 91.70M |
YoY Change | -302.15% | -39.8% | -81.62% |
NET CHANGE | |||
Cash From Operating Activities | 53.40M | 57.40M | 65.80M |
Cash From Investing Activities | -221.5M | -124.5M | -146.0M |
Cash From Financing Activities | 169.0M | 55.20M | 91.70M |
Net Change In Cash | 900.0K | -11.90M | 11.50M |
YoY Change | -98.58% | -203.48% | -134.85% |
FREE CASH FLOW | |||
Cash From Operating Activities | $53.40M | $57.40M | $65.80M |
Capital Expenditures | |||
Free Cash Flow | |||
YoY Change |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2017Q1 | bxmt |
Libor Average Floor Rate
LiborAverageFloorRate
|
0.0122 | pure |
CY2017Q1 | bxmt |
Percentage Of Portfolio
PercentageOfPortfolio
|
1.00 | pure |
CY2017Q1 | bxmt |
Common Stock Shares Outstanding Including Stock Equivalents
CommonStockSharesOutstandingIncludingStockEquivalents
|
94993790 | shares |
CY2017Q1 | bxmt |
Book Value Collateral Of Gross Loan For Asset Specific Financing Agreements
BookValueCollateralOfGrossLoanForAssetSpecificFinancingAgreements
|
720315000 | |
CY2017Q1 | bxmt |
Number Of Benefit Plans
NumberOfBenefitPlans
|
7 | Plans |
CY2017Q1 | bxmt |
Percentage Of Loans Subject To Yield Maintenance Lock Out Provisions Other Prepayment Restrictions
PercentageOfLoansSubjectToYieldMaintenanceLockOutProvisionsOtherPrepaymentRestrictions
|
0.59 | pure |
CY2017Q1 | bxmt |
Floating Rate Loans
FloatingRateLoans
|
217800000 | |
CY2017Q1 | bxmt |
Accrued Management And Incentive Fees Payable
AccruedManagementAndIncentiveFeesPayable
|
12921000 | |
CY2017Q1 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2017Q1 | us-gaap |
Liabilities
Liabilities
|
6458677000 | |
CY2017Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
8954659000 | |
CY2017Q1 | us-gaap |
Line Of Credit Facility Current Borrowing Capacity
LineOfCreditFacilityCurrentBorrowingCapacity
|
4407600000 | |
CY2017Q1 | us-gaap |
Mortgage Loans On Real Estate Face Amount Of Mortgages
MortgageLoansOnRealEstateFaceAmountOfMortgages
|
8759696000 | |
CY2017Q1 | us-gaap |
Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
|
8721768000 | |
CY2017Q1 | us-gaap |
Interest Receivable
InterestReceivable
|
30962000 | |
CY2017Q1 | us-gaap |
Participating Mortgage Loans Participation Liabilities Amount
ParticipatingMortgageLoansParticipationLiabilitiesAmount
|
354131000 | |
CY2017Q1 | bxmt |
Participating Mortgage Loans Participation Liabilities Principal Amount
ParticipatingMortgageLoansParticipationLiabilitiesPrincipalAmount
|
426700000 | |
CY2017Q1 | bxmt |
Debt Instrument Covenant Requirement On Consolidated Tangible Net Worth Minimum
DebtInstrumentCovenantRequirementOnConsolidatedTangibleNetWorthMinimum
|
1900000000 | |
CY2017Q1 | us-gaap |
Line Of Credit
LineOfCredit
|
3958064000 | |
CY2017Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
2495982000 | |
CY2017Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-548615000 | |
CY2017Q1 | bxmt |
Percentage Of Loans Open To Repayment By Borrower
PercentageOfLoansOpenToRepaymentByBorrower
|
0.41 | pure |
CY2017Q1 | us-gaap |
Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
|
700000 | |
CY2017Q1 | us-gaap |
Other Assets
OtherAssets
|
168616000 | |
CY2017Q1 | us-gaap |
Other Liabilities
OtherLiabilities
|
176880000 | |
CY2017Q1 | us-gaap |
Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
|
0 | |
CY2017Q1 | us-gaap |
Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
|
11673000 | |
CY2017Q1 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2017Q1 | us-gaap |
Variable Interest Entity Consolidated Carrying Amount Assets And Liabilities Net
VariableInterestEntityConsolidatedCarryingAmountAssetsAndLiabilitiesNet
|
0 | |
CY2017Q1 | us-gaap |
Secured Debt Repurchase Agreements
SecuredDebtRepurchaseAgreements
|
5760191000 | |
CY2017Q1 | us-gaap |
Secured Debt
SecuredDebt
|
91763000 | |
CY2017Q1 | bxmt |
Stock Shares Authorized
StockSharesAuthorized
|
300000000 | shares |
CY2017Q1 | bxmt |
Principal Collateral Of Gross Loan For Asset Specific Financing Agreements
PrincipalCollateralOfGrossLoanForAssetSpecificFinancingAgreements
|
724013000 | |
CY2017Q2 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
94827579 | shares |
CY2016Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
110622000 | |
CY2017Q1 | bxmt |
Secured Debt Repurchase Agreements Gross
SecuredDebtRepurchaseAgreementsGross
|
5776165000 | |
CY2016Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
2501833000 | |
CY2016Q1 | bxmt |
Common Stock Shares Outstanding Including Stock Equivalents
CommonStockSharesOutstandingIncludingStockEquivalents
|
94061252 | shares |
CY2017Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax
AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax
|
47300000 | |
CY2017Q1 | bxmt |
Secured Debt Repurchase Agreements Face Amount
SecuredDebtRepurchaseAgreementsFaceAmount
|
567577000 | |
CY2017Q1 | us-gaap |
Derivative Assets
DerivativeAssets
|
1424000 | |
CY2017Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2017Q1 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
||
CY2017Q1 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
94818348 | shares |
CY2017Q1 | us-gaap |
Guarantee Obligations Current Carrying Value
GuaranteeObligationsCurrentCarryingValue
|
24000000 | |
CY2017Q1 | us-gaap |
Guarantee Obligations Current Carrying Value
GuaranteeObligationsCurrentCarryingValue
|
30100000 | |
CY2017Q1 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
94818348 | shares |
CY2017Q1 | us-gaap |
Assets
Assets
|
8954659000 | |
CY2017Q1 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
15974000 | |
CY2017Q1 | bxmt |
Loans Outstanding With Unfunded Commitments
LoansOutstandingWithUnfundedCommitments
|
58 | Loans |
CY2017Q1 | us-gaap |
Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
|
0 | |
CY2017Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
200000000 | shares |
CY2017Q1 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
3096006000 | |
CY2017Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
64275000 | |
CY2017Q1 | us-gaap |
Convertible Notes Payable
ConvertibleNotesPayable
|
167475000 | |
CY2017Q1 | us-gaap |
Common Stock Value
CommonStockValue
|
948000 | |
CY2017Q1 | bxmt |
Secured Debt Financing Agreements
SecuredDebtFinancingAgreements
|
566190000 | |
CY2017Q1 | us-gaap |
Accounts Payable And Other Accrued Liabilities
AccountsPayableAndOtherAccruedLiabilities
|
1736000 | |
CY2017Q1 | us-gaap |
Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
|
58787000 | |
CY2017Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
|
-99700000 | |
CY2017Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-52357000 | |
CY2017Q1 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
0 | |
CY2017Q1 | us-gaap |
Prepaid Taxes
PrepaidTaxes
|
14000 | |
CY2017Q1 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
100000000 | shares |
CY2016Q4 | us-gaap |
Secured Debt Repurchase Agreements
SecuredDebtRepurchaseAgreements
|
5716354000 | |
CY2016Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
0 | |
CY2016Q4 | us-gaap |
Prepaid Taxes
PrepaidTaxes
|
16000 | |
CY2016Q4 | us-gaap |
Operating Loss Carryforwards
OperatingLossCarryforwards
|
159000000 | |
CY2016Q4 | us-gaap |
Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
|
803000 | |
CY2016Q4 | us-gaap |
Other Assets
OtherAssets
|
44070000 | |
CY2016Q4 | us-gaap |
Other Liabilities
OtherLiabilities
|
87819000 | |
CY2016Q4 | us-gaap |
Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
|
0 | |
CY2016Q4 | us-gaap |
Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
|
9049000 | |
CY2016Q4 | us-gaap |
Mortgage Loans On Real Estate Face Amount Of Mortgages
MortgageLoansOnRealEstateFaceAmountOfMortgages
|
8727218000 | |
CY2016Q4 | us-gaap |
Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
|
8692978000 | |
CY2016Q4 | us-gaap |
Participating Mortgage Loans Participation Liabilities Amount
ParticipatingMortgageLoansParticipationLiabilitiesAmount
|
348077000 | |
CY2016Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
2493603000 | |
CY2016Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-541137000 | |
CY2016Q4 | us-gaap |
Variable Interest Entity Consolidated Carrying Amount Assets And Liabilities Net
VariableInterestEntityConsolidatedCarryingAmountAssetsAndLiabilitiesNet
|
0 | |
CY2016Q4 | us-gaap |
Interest Receivable
InterestReceivable
|
32871000 | |
CY2017Q1 | bxmt |
Debt Instrument Covenant Minimum Percentage Of Cash Liquidity On Recourse Indebtedness
DebtInstrumentCovenantMinimumPercentageOfCashLiquidityOnRecourseIndebtedness
|
0.05 | pure |
CY2017Q1 | bxmt |
Loan Portfolio Payments Held By Our Third Party Loan Servicer
LoanPortfolioPaymentsHeldByOurThirdPartyLoanServicer
|
135516000 | |
CY2017Q1 | bxmt |
Weighted Average Risk Rating On Loan Exposure
WeightedAverageRiskRatingOnLoanExposure
|
2.6 | pure |
CY2017Q1 | bxmt |
Loans Exposure Amount
LoansExposureAmount
|
9733377000 | |
CY2017Q1 | bxmt |
Loan Exposure Amount Including Non Consolidated Senior Interests
LoanExposureAmountIncludingNonConsolidatedSeniorInterests
|
1000000000 | |
CY2015Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
96450000 | |
CY2015Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
2505731000 | |
CY2015Q4 | bxmt |
Common Stock Shares Outstanding Including Stock Equivalents
CommonStockSharesOutstandingIncludingStockEquivalents
|
93843847 | shares |
CY2016Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax
AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax
|
51300000 | |
CY2016Q4 | us-gaap |
Derivative Assets
DerivativeAssets
|
4086000 | |
CY2016Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2016Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
||
CY2016Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
94540263 | shares |
CY2016Q4 | us-gaap |
Guarantee Obligations Current Carrying Value
GuaranteeObligationsCurrentCarryingValue
|
29600000 | |
CY2016Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
94540263 | shares |
CY2016Q4 | us-gaap |
Assets
Assets
|
8812615000 | |
CY2016Q4 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
15272000 | |
CY2016Q4 | us-gaap |
Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
|
0 | |
CY2016Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
200000000 | shares |
CY2016Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
3089997000 | |
CY2016Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
75567000 | |
CY2016Q4 | us-gaap |
Convertible Notes Payable
ConvertibleNotesPayable
|
166762000 | |
CY2016Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
945000 | |
CY2016Q4 | us-gaap |
Accounts Payable And Other Accrued Liabilities
AccountsPayableAndOtherAccruedLiabilities
|
1985000 | |
CY2016Q4 | us-gaap |
Derivative Liabilities
DerivativeLiabilities
|
210000 | |
CY2016Q4 | us-gaap |
Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
|
58615000 | |
CY2016Q4 | us-gaap |
Liabilities
Liabilities
|
6319012000 | |
CY2016Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
8812615000 | |
CY2016Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
|
-107500000 | |
CY2016Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-56202000 | |
CY2017Q1 | bxmt |
Percentage Of Compensation Paid In Cash
PercentageOfCompensationPaidInCash
|
0.40 | pure |
CY2013Q2 | us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
25875000 | shares |
CY2016 | us-gaap |
Mortgage Loans On Real Estate Number Of Loans
MortgageLoansOnRealEstateNumberOfLoans
|
107 | |
CY2016Q4 | us-gaap |
Secured Debt
SecuredDebt
|
5372000 | |
CY2016Q4 | bxmt |
Principal Collateral Of Gross Loan For Asset Specific Financing Agreements
PrincipalCollateralOfGrossLoanForAssetSpecificFinancingAgreements
|
876083000 | |
CY2016Q4 | bxmt |
Secured Debt Financing Agreements
SecuredDebtFinancingAgreements
|
676333000 | |
CY2016Q4 | bxmt |
Libor Average Floor Rate
LiborAverageFloorRate
|
0.0127 | pure |
CY2016Q4 | bxmt |
Percentage Of Portfolio
PercentageOfPortfolio
|
1.00 | pure |
CY2016Q4 | bxmt |
Loan Portfolio Payments Held By Our Third Party Loan Servicer
LoanPortfolioPaymentsHeldByOurThirdPartyLoanServicer
|
6294000 | |
CY2016Q4 | bxmt |
Weighted Average Risk Rating On Loan Exposure
WeightedAverageRiskRatingOnLoanExposure
|
2.5 | pure |
CY2016Q4 | bxmt |
Common Stock Shares Outstanding Including Stock Equivalents
CommonStockSharesOutstandingIncludingStockEquivalents
|
94709290 | shares |
CY2016Q4 | bxmt |
Book Value Collateral Of Gross Loan For Asset Specific Financing Agreements
BookValueCollateralOfGrossLoanForAssetSpecificFinancingAgreements
|
869417000 | |
CY2016Q4 | bxmt |
Percentage Of Loans Subject To Yield Maintenance Lock Out Provisions Other Prepayment Restrictions
PercentageOfLoansSubjectToYieldMaintenanceLockOutProvisionsOtherPrepaymentRestrictions
|
0.64 | pure |
CY2016Q4 | bxmt |
Floating Rate Loans
FloatingRateLoans
|
216300000 | |
CY2016Q4 | bxmt |
Accrued Management And Incentive Fees Payable
AccruedManagementAndIncentiveFeesPayable
|
12798000 | |
CY2016Q4 | bxmt |
Loans Exposure Amount
LoansExposureAmount
|
9756734000 | |
CY2016Q4 | bxmt |
Loan Exposure Amount Including Non Consolidated Senior Interests
LoanExposureAmountIncludingNonConsolidatedSeniorInterests
|
1000000000 | |
CY2017Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.62 | |
CY2017Q1 | bxmt |
Number Of Directors
NumberOfDirectors
|
8 | Directors |
CY2017Q1 | bxmt |
Percentage Of Compensation Form Of Deferred Stock Units
PercentageOfCompensationFormOfDeferredStockUnits
|
0.60 | pure |
CY2017Q1 | bxmt |
Number Of Directors Eligible For Annual Compensation
NumberOfDirectorsEligibleForAnnualCompensation
|
5 | Directors |
CY2016Q4 | bxmt |
Participating Mortgage Loans Participation Liabilities Principal Amount
ParticipatingMortgageLoansParticipationLiabilitiesPrincipalAmount
|
419560000 | |
CY2016Q4 | bxmt |
Percentage Of Loans Open To Repayment By Borrower
PercentageOfLoansOpenToRepaymentByBorrower
|
0.36 | pure |
CY2016Q4 | bxmt |
Secured Debt Repurchase Agreements Gross
SecuredDebtRepurchaseAgreementsGross
|
5731626000 | |
CY2016Q4 | bxmt |
Secured Debt Repurchase Agreements Face Amount
SecuredDebtRepurchaseAgreementsFaceAmount
|
679207000 | |
CY2016 | bxmt |
Number Of Loan Participations Sold
NumberOfLoanParticipationsSold
|
1 | Loans |
CY2016 | bxmt |
Participations Sold Loan Weighted Average Term
ParticipationsSoldLoanWeightedAverageTerm
|
2019-12 | |
CY2017Q1 | dei |
Entity Registrant Name
EntityRegistrantName
|
BLACKSTONE MORTGAGE TRUST, INC. | |
CY2017Q1 | us-gaap |
Deferred Compensation Arrangement With Individual Shares Issued
DeferredCompensationArrangementWithIndividualSharesIssued
|
6415 | shares |
CY2017Q1 | dei |
Document Type
DocumentType
|
10-Q | |
CY2017Q1 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001061630 | |
CY2017Q1 | us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
4535000 | |
CY2017Q1 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2017-03-31 | |
CY2017Q1 | us-gaap |
Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
|
5810000 | |
CY2017Q1 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
0.54 | |
CY2017Q1 | us-gaap |
Additional Cash And Cash Equivalent Related Text
AdditionalCashAndCashEquivalentRelatedText
|
Cash and cash equivalents represent cash held in banks, cash on hand, and liquid investments with original maturities of three months or less. | |
CY2017Q1 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
-1699000 | |
CY2017Q1 | us-gaap |
Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
|
118517000 | |
CY2017Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
|
7770000 | |
CY2017Q1 | us-gaap |
Interest Paid
InterestPaid
|
39287000 | |
CY2017Q1 | us-gaap |
Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
|
59000 | |
CY2017Q1 | us-gaap |
Management Fee Expense
ManagementFeeExpense
|
12921000 | |
CY2017Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
89000 | |
CY2017Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-124452000 | |
CY2017Q1 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
71843000 | |
CY2017Q1 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
58615000 | |
CY2017Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
55202000 | |
CY2017Q1 | us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
3895000 | |
CY2017Q1 | us-gaap |
Proceeds From Sale And Collection Of Loans Receivable
ProceedsFromSaleAndCollectionOfLoansReceivable
|
567321000 | |
CY2017Q1 | us-gaap |
Operating Loss Carryforwards Expiration Date
OperatingLossCarryforwardsExpirationDate
|
2029-12-31 | |
CY2017Q1 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
50000 | |
CY2017Q1 | us-gaap |
Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
|
-474000 | |
CY2017Q1 | us-gaap |
Noninterest Expense
NoninterestExpense
|
20349000 | |
CY2017Q1 | us-gaap |
Proceeds From Loan Originations1
ProceedsFromLoanOriginations1
|
12429000 | |
CY2017Q1 | us-gaap |
Dividend Payable Date To Be Paid Day Month And Year
DividendPayableDateToBePaidDayMonthAndYear
|
2017-04-17 | |
CY2017Q1 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2017 | |
CY2017Q1 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2017Q1 | us-gaap |
Deferred Revenue Description
DeferredRevenueDescription
|
Income accrual is generally suspended for loans at the earlier of the date at which payments become 90 days past due or when, in the opinion of our Manager, recovery of income and principal becomes doubtful. | |
CY2017Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.62 | |
CY2017Q1 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | |
CY2017Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
7428000 | |
CY2017Q1 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
58787000 | |
CY2017Q1 | us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations
EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
|
584000 | |
CY2017Q1 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
2636000 | |
CY2017Q1 | us-gaap |
Debt Instrument Basis Spread On Variable Rate1
DebtInstrumentBasisSpreadOnVariableRate1
|
0.0190 | pure |
CY2017Q1 | us-gaap |
Amortization Of Deferred Loan Origination Fees Net
AmortizationOfDeferredLoanOriginationFeesNet
|
8808000 | |
CY2017Q1 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q1 | |
CY2017Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
55250000 | |
CY2017Q1 | dei |
Entity Filer Category
EntityFilerCategory
|
Large Accelerated Filer | |
CY2017Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
3845000 | |
CY2017Q1 | us-gaap |
Management Fee Description
ManagementFeeDescription
|
Manager is entitled to an incentive fee in an amount equal to the product of (i) 20% and (ii) the excess of (a) our Core Earnings (as defined in our Management Agreement) for the previous 12 month period over (b) an amount equal to 7.00% per annum multiplied by our outstanding Equity, provided that our Core Earnings over the prior three-year period is greater than zero. Core Earnings, as defined in our Management Agreement, is generally equal to our net income (loss) prepared in accordance with GAAP, excluding (i) certain non-cash items (ii) the net income (loss) related to our legacy portfolio and (iii) incentive management fees. | |
CY2017Q1 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-11876000 | |
CY2017Q1 | us-gaap |
Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
|
789865000 | |
CY2017Q1 | us-gaap |
Payments For Proceeds From Loans Receivable
PaymentsForProceedsFromLoansReceivable
|
702353000 | |
CY2017Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
51405000 | |
CY2017Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
51494000 | |
CY2017Q1 | us-gaap |
Interest Expense
InterestExpense
|
46674000 | |
CY2017Q1 | us-gaap |
Dividends Payable Date Declared Day Month And Year
DividendsPayableDateDeclaredDayMonthAndYear
|
2017-03-15 | |
CY2017Q1 | us-gaap |
Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net
DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet
|
-4399000 | |
CY2017Q1 | us-gaap |
Dividends Payable Date Of Record Day Month And Year
DividendsPayableDateOfRecordDayMonthAndYear
|
2017-03-31 | |
CY2017Q1 | us-gaap |
Nature Of Operations
NatureOfOperations
|
<div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: "Times New Roman"; WHITE-SPACE: normal; WORD-SPACING: 0px; TEXT-TRANSFORM: none; FONT-WEIGHT: normal; COLOR: rgb(0,0,0); FONT-STYLE: normal; ORPHANS: 2; WIDOWS: 2; MARGIN-TOP: 12pt; LETTER-SPACING: normal; TEXT-INDENT: 0px; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px"> <b>1. ORGANIZATION</b></p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: "Times New Roman"; WHITE-SPACE: normal; WORD-SPACING: 0px; TEXT-TRANSFORM: none; FONT-WEIGHT: normal; COLOR: rgb(0,0,0); FONT-STYLE: normal; ORPHANS: 2; WIDOWS: 2; MARGIN-TOP: 6pt; LETTER-SPACING: normal; TEXT-INDENT: 0px; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px" align="justify">References herein to “Blackstone Mortgage Trust,” “Company,” “we,” “us” or “our” refer to Blackstone Mortgage Trust, Inc. and its subsidiaries unless the context specifically requires otherwise.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: "Times New Roman"; WHITE-SPACE: normal; WORD-SPACING: 0px; TEXT-TRANSFORM: none; FONT-WEIGHT: normal; COLOR: rgb(0,0,0); FONT-STYLE: normal; ORPHANS: 2; WIDOWS: 2; MARGIN-TOP: 12pt; LETTER-SPACING: normal; TEXT-INDENT: 0px; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px" align="justify">Blackstone Mortgage Trust is a real estate finance company that originates and purchases senior loans collateralized by properties in North America and Europe. We are externally managed by BXMT Advisors L.L.C., or our Manager, a subsidiary of The Blackstone Group L.P., or Blackstone, and are a real estate investment trust, or REIT, traded on the New York Stock Exchange, or NYSE, under the symbol “BXMT.” We are headquartered in New York City.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: "Times New Roman"; WHITE-SPACE: normal; WORD-SPACING: 0px; TEXT-TRANSFORM: none; FONT-WEIGHT: normal; COLOR: rgb(0,0,0); FONT-STYLE: normal; ORPHANS: 2; WIDOWS: 2; MARGIN-TOP: 12pt; LETTER-SPACING: normal; TEXT-INDENT: 0px; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px" align="justify">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.</p> </div> | |
CY2017Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
57374000 | |
CY2017Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
8000 | |
CY2017Q1 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 18pt"> <b>Use of Estimates</b></p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt"> 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 from those estimates.</p> </div> | |
CY2017Q1 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
55250000 | |
CY2017Q1 | us-gaap |
Schedule Of Repurchase Agreements
ScheduleOfRepurchaseAgreements
|
<div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt" align="justify">The following tables outline the key terms of our credit facilities as of March 31, 2017:</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 12pt; MARGIN-TOP: 0pt">  </p> <table style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="68%" align="center" border="0"> <tr> <td width="28%"></td> <td valign="bottom" width="8%"></td> <td></td> <td valign="bottom" width="8%"></td> <td></td> <td valign="bottom" width="8%"></td> <td></td> <td valign="bottom" width="8%"></td> <td></td> </tr> <tr style="FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman; PAGE-BREAK-INSIDE: avoid"> <td valign="bottom" nowrap="nowrap"> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman; WIDTH: 24.9pt; BORDER-BOTTOM: rgb(0,0,0) 1pt solid; MARGIN-TOP: 0pt"> <b>Lender</b></p> </td> <td valign="bottom">  </td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1pt solid" valign="bottom" align="center"><b>Currency</b></td> <td valign="bottom"> </td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1pt solid" valign="bottom" nowrap="nowrap" align="center"><b>Guarantee<sup style="FONT-SIZE: 85%; VERTICAL-ALIGN: top">(1)</sup></b></td> <td valign="bottom"> </td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1pt solid" valign="bottom" align="center"><b>Margin Call<sup style="FONT-SIZE: 85%; VERTICAL-ALIGN: top">(2)</sup></b></td> <td valign="bottom">  </td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1pt solid" valign="bottom" align="center"><b>Term/Maturity</b></td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; PAGE-BREAK-INSIDE: avoid" bgcolor="#CCEEFF"> <td valign="top"> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 1em; MARGIN-TOP: 0pt; TEXT-INDENT: -1em"> Wells Fargo</p> </td> <td valign="bottom">  </td> <td valign="top" nowrap="nowrap" align="center">$</td> <td valign="bottom"> </td> <td valign="bottom" align="center">25%</td> <td valign="bottom"> </td> <td valign="top" align="center"> Collateral marks only</td> <td valign="bottom">  </td> <td valign="top" nowrap="nowrap" align="center"> Term matched<sup style="FONT-SIZE: 85%; VERTICAL-ALIGN: top">(3)</sup></td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; PAGE-BREAK-INSIDE: avoid"> <td valign="top"> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 1em; MARGIN-TOP: 0pt; TEXT-INDENT: -1em"> MetLife</p> </td> <td valign="bottom">  </td> <td valign="top" nowrap="nowrap" align="center">$</td> <td valign="bottom"> </td> <td valign="bottom" align="center">50%</td> <td valign="bottom"> </td> <td valign="top" align="center">Collateral marks only</td> <td valign="bottom">  </td> <td valign="top" nowrap="nowrap" align="center"> April 22, 2022<sup style="FONT-SIZE: 85%; VERTICAL-ALIGN: top">(4)</sup></td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; PAGE-BREAK-INSIDE: avoid" bgcolor="#CCEEFF"> <td valign="top" nowrap="nowrap"> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 1em; MARGIN-TOP: 0pt; TEXT-INDENT: -1em"> Bank of America</p> </td> <td valign="bottom">  </td> <td valign="top" nowrap="nowrap" align="center">$</td> <td valign="bottom"> </td> <td valign="bottom" align="center">50%</td> <td valign="bottom"> </td> <td valign="top" align="center">Collateral marks only</td> <td valign="bottom">  </td> <td valign="top" nowrap="nowrap" align="center"> May 21, 2021<sup style="FONT-SIZE: 85%; VERTICAL-ALIGN: top">(5)</sup></td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; PAGE-BREAK-INSIDE: avoid"> <td valign="top"> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 1em; MARGIN-TOP: 0pt; TEXT-INDENT: -1em"> Citibank</p> </td> <td valign="bottom">  </td> <td valign="top" nowrap="nowrap" align="center"> $ / £/ €</td> <td valign="bottom"> </td> <td valign="bottom" align="center">25%</td> <td valign="bottom"> </td> <td valign="top" align="center">Collateral marks only</td> <td valign="bottom">  </td> <td valign="top" nowrap="nowrap" align="center"> Term matched<sup style="FONT-SIZE: 85%; VERTICAL-ALIGN: top">(3)</sup></td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; PAGE-BREAK-INSIDE: avoid" bgcolor="#CCEEFF"> <td valign="top"> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 1em; MARGIN-TOP: 0pt; TEXT-INDENT: -1em"> Deutsche Bank</p> </td> <td valign="bottom">  </td> <td valign="top" nowrap="nowrap" align="center">$</td> <td valign="bottom"> </td> <td valign="bottom" align="center">25%</td> <td valign="bottom"> </td> <td valign="top" align="center">Collateral marks only</td> <td valign="bottom">  </td> <td valign="top" nowrap="nowrap" align="center"> Term matched<sup style="FONT-SIZE: 85%; VERTICAL-ALIGN: top">(3)</sup></td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; PAGE-BREAK-INSIDE: avoid"> <td valign="top"> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 1em; MARGIN-TOP: 0pt; TEXT-INDENT: -1em"> Morgan Stanley</p> </td> <td valign="bottom">  </td> <td valign="top" align="center"> £  / €</td> <td valign="bottom"> </td> <td valign="bottom" align="center">25%</td> <td valign="bottom"> </td> <td valign="top" align="center">Collateral marks only</td> <td valign="bottom">  </td> <td valign="top" nowrap="nowrap" align="center"> March 1, 2020</td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; PAGE-BREAK-INSIDE: avoid" bgcolor="#CCEEFF"> <td valign="top" nowrap="nowrap"> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 1em; MARGIN-TOP: 0pt; TEXT-INDENT: -1em"> Société Générale</p> </td> <td valign="bottom">  </td> <td valign="top" align="center"> $  /£/ €</td> <td valign="bottom"> </td> <td valign="bottom" align="center">25%</td> <td valign="bottom"> </td> <td valign="top" align="center">Collateral marks only</td> <td valign="bottom">  </td> <td valign="top" nowrap="nowrap" align="center"> Term matched<sup style="FONT-SIZE: 85%; VERTICAL-ALIGN: top">(3)</sup></td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; PAGE-BREAK-INSIDE: avoid"> <td valign="top"> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 1em; MARGIN-TOP: 0pt; TEXT-INDENT: -1em"> JP Morgan</p> </td> <td valign="bottom">  </td> <td valign="top" align="center">$  / £</td> <td valign="bottom"> </td> <td valign="bottom" align="center">50%</td> <td valign="bottom"> </td> <td valign="top" align="center">Collateral marks only</td> <td valign="bottom">  </td> <td valign="top" nowrap="nowrap" align="center"> January 7, 2019</td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; PAGE-BREAK-INSIDE: avoid"> <td valign="top" colspan="9"> <p style="MARGIN-BOTTOM: 2pt; WIDTH: 15%; BORDER-BOTTOM: rgb(0,0,0) 1px solid; MARGIN-TOP: 0pt; LINE-HEIGHT: 8pt">  </p> </td> </tr> </table> <table style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="68%" align="center" border="0"> <tr> <td></td> <td valign="bottom" width="1%"></td> <td width="95%"></td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; PAGE-BREAK-INSIDE: avoid"> <td valign="top"> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 0pt" align="justify">(1)  </p> </td> <td valign="bottom"> </td> <td valign="top"> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 0pt" align="justify">Other than amounts guaranteed based on specific collateral asset types, borrowings under our credit facilities are <font style="WHITE-SPACE: nowrap">non-recourse</font> to us.</p> </td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; PAGE-BREAK-INSIDE: avoid"> <td valign="top"> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 0pt" align="justify">(2)</p> </td> <td valign="bottom"> </td> <td valign="top"> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 0pt" align="justify">Margin call provisions under our credit facilities do not permit valuation adjustments based on capital markets events, and are limited to collateral-specific credit marks.</p> </td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; PAGE-BREAK-INSIDE: avoid"> <td valign="top"> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 0pt" align="justify">(3)</p> </td> <td valign="bottom"> </td> <td valign="top"> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 0pt" align="justify">These credit facilities have various availability periods during which new advances can be made and which are generally subject to each lender’s discretion. Maturity dates for advances outstanding are tied to the term of each respective collateral asset.</p> </td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; PAGE-BREAK-INSIDE: avoid"> <td valign="top"> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 0pt" align="justify">(4)</p> </td> <td valign="bottom"> </td> <td valign="top"> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 0pt" align="justify">Includes five <font style="WHITE-SPACE: nowrap">one-year</font> extension options which may be exercised at our sole discretion.</p> </td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; PAGE-BREAK-INSIDE: avoid"> <td valign="top"> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 0pt" align="justify">(5)</p> </td> <td valign="bottom"> </td> <td valign="top"> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 0pt" align="justify">Includes two <font style="WHITE-SPACE: nowrap">one-year</font> extension options which may be exercised at our sole discretion.</p> </td> </tr> </table> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 12pt; MARGIN-TOP: 0pt">  </p> <table style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="68%" align="center" border="0"> <tr> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td width="42%"></td> <td valign="bottom" width="4%"></td> <td width="9%"></td> <td valign="bottom" width="4%"></td> <td></td> </tr> <tr style="FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman; PAGE-BREAK-INSIDE: avoid"> <td valign="bottom" nowrap="nowrap"> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman; WIDTH: 32.9pt; BORDER-BOTTOM: rgb(0,0,0) 1pt solid; MARGIN-TOP: 0pt"> <b>Currency</b></p> </td> <td valign="bottom">  </td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1pt solid" valign="bottom" colspan="2" align="center"><b>Outstanding</b><br /> <b>Borrowings</b></td> <td valign="bottom"> </td> <td valign="bottom">  </td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1pt solid" valign="bottom" colspan="2" align="center"><b>Potential</b><br /> <b>Borrowings<sup style="FONT-SIZE: 85%; VERTICAL-ALIGN: top">(1)</sup></b></td> <td valign="bottom"> </td> <td valign="bottom">  </td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1pt solid" valign="bottom" align="center"> <p style="MARGIN-BOTTOM: 1pt; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 0pt" align="center"><b>Index</b></p> </td> <td valign="bottom">  </td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1pt solid" valign="bottom" align="center"> <p style="MARGIN-BOTTOM: 1pt; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 0pt" align="center"><b>Rate<sup style="FONT-SIZE: 85%; VERTICAL-ALIGN: top">(2)</sup></b></p> </td> <td valign="bottom">  </td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1pt solid" valign="bottom" align="center"><b>Advance</b><br /> <b>Rate<sup style="FONT-SIZE: 85%; VERTICAL-ALIGN: top">(3)</sup></b></td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; PAGE-BREAK-INSIDE: avoid" bgcolor="#CCEEFF"> <td valign="top" nowrap="nowrap" align="center">$</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">$3,639,921</td> <td valign="bottom" nowrap="nowrap"> </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">$4,030,008</td> <td valign="bottom" nowrap="nowrap"> </td> <td valign="bottom">  </td> <td valign="bottom" align="center"><font style="WHITE-SPACE: nowrap">1-month</font> USD LIBOR</td> <td valign="bottom">  </td> <td valign="bottom" align="center">L+1.88%</td> <td valign="bottom">  </td> <td valign="bottom" align="center">78.9%</td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; PAGE-BREAK-INSIDE: avoid"> <td valign="top" nowrap="nowrap" align="center">€</td> <td valign="bottom">  </td> <td valign="bottom" nowrap="nowrap"> </td> <td valign="bottom" nowrap="nowrap" align="right"> €          —  </td> <td valign="bottom" nowrap="nowrap"> </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right"> €     38,269</td> <td valign="bottom" nowrap="nowrap"> </td> <td valign="bottom">  </td> <td valign="bottom" align="center"><font style="WHITE-SPACE: nowrap">3-month</font> EURIBOR</td> <td valign="bottom">  </td> <td valign="bottom" align="center">n/a</td> <td valign="bottom">  </td> <td valign="bottom" align="center">77.8%</td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; PAGE-BREAK-INSIDE: avoid" bgcolor="#CCEEFF"> <td valign="top" align="center">£</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right"> £   253,500</td> <td valign="bottom" nowrap="nowrap"> </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right"> £   269,273</td> <td valign="bottom" nowrap="nowrap"> </td> <td valign="bottom">  </td> <td valign="bottom" align="center"><font style="WHITE-SPACE: nowrap">3-month</font> GBP LIBOR</td> <td valign="bottom">  </td> <td valign="bottom" align="center">L+2.15%</td> <td valign="bottom">  </td> <td valign="bottom" align="center">79.0%</td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">  </td> <td valign="bottom"> <p style="MARGIN-BOTTOM: 0pt; BORDER-TOP: rgb(0,0,0) 1px solid; MARGIN-TOP: 0pt">  </p> </td> <td valign="bottom"> <p style="MARGIN-BOTTOM: 0pt; BORDER-TOP: rgb(0,0,0) 1px solid; MARGIN-TOP: 0pt">  </p> </td> <td> </td> <td valign="bottom">  </td> <td valign="bottom"> <p style="MARGIN-BOTTOM: 0pt; BORDER-TOP: rgb(0,0,0) 1px solid; MARGIN-TOP: 0pt">  </p> </td> <td valign="bottom"> <p style="MARGIN-BOTTOM: 0pt; BORDER-TOP: rgb(0,0,0) 1px solid; MARGIN-TOP: 0pt">  </p> </td> <td> </td> <td valign="bottom">  </td> <td valign="bottom"></td> <td valign="bottom">  </td> <td valign="bottom"> <p style="MARGIN-BOTTOM: 0pt; BORDER-TOP: rgb(0,0,0) 1px solid; MARGIN-TOP: 0pt">  </p> </td> <td valign="bottom">  </td> <td valign="bottom"> <p style="MARGIN-BOTTOM: 0pt; BORDER-TOP: rgb(0,0,0) 1px solid; MARGIN-TOP: 0pt">  </p> </td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; PAGE-BREAK-INSIDE: avoid"> <td valign="top"></td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">$3,958,064</td> <td valign="bottom" nowrap="nowrap"> </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">$4,407,600</td> <td valign="bottom" nowrap="nowrap"> </td> <td valign="bottom">  </td> <td valign="bottom"></td> <td valign="bottom">  </td> <td valign="bottom" align="center">L+1.90%</td> <td valign="bottom">  </td> <td valign="bottom" align="center">78.9%</td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; PAGE-BREAK-INSIDE: avoid"> <td valign="top" colspan="15" nowrap="nowrap"> <p style="MARGIN-BOTTOM: 2pt; WIDTH: 13%; BORDER-BOTTOM: rgb(0,0,0) 1px solid; MARGIN-TOP: 0pt; LINE-HEIGHT: 8pt">  </p> </td> </tr> </table> <table style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="68%" align="center" border="0"> <tr> <td></td> <td valign="bottom" width="1%"></td> <td width="95%"></td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; PAGE-BREAK-INSIDE: avoid"> <td valign="top"> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 0pt" align="justify">(1)  </p> </td> <td valign="bottom"> </td> <td valign="top"> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 0pt" align="justify">Potential borrowings represents the total amount we could draw under each facility based on collateral already approved and pledged. When undrawn, these amounts are immediately available to us at our sole discretion under the terms of each credit facility.</p> </td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; PAGE-BREAK-INSIDE: avoid"> <td valign="top"> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 0pt" align="justify">(2)</p> </td> <td valign="bottom"> </td> <td valign="top"> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 0pt" align="justify">Represents weighted-average cash coupon based on borrowings outstanding.</p> </td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; PAGE-BREAK-INSIDE: avoid"> <td valign="top"> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 0pt" align="justify">(3)</p> </td> <td valign="bottom"> </td> <td valign="top"> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 0pt" align="justify">Represents weighted-average advance rate based on the outstanding principal balance of the collateral assets pledged.</p> </td> </tr> </table> </div> | |
CY2017Q1 | us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
672161000 | |
CY2017Q1 | us-gaap |
Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
|
9000 | |
CY2017Q1 | us-gaap |
Revenue Recognition Interest
RevenueRecognitionInterest
|
<div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 18pt"> <b>Revenue Recognition</b></p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt"> 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 until the loan is advanced and is then 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 the opinion of our Manager, recovery of income and principal becomes doubtful. Income is then recorded on the basis of cash received 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 component of interest income, however expenses related to loans we acquire are included in general and administrative expenses as incurred.</p> </div> | |
CY2017Q1 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
3000 | |
CY2017Q1 | dei |
Trading Symbol
TradingSymbol
|
BXMT | |
CY2017Q1 | us-gaap |
Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
|
270 | shares |
CY2017Q1 | us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
270 | shares |
CY2017Q1 | us-gaap |
Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
|
0 | |
CY2017Q1 | us-gaap |
Professional Fees
ProfessionalFees
|
1017000 | |
CY2017Q1 | us-gaap |
Profit Loss
ProfitLoss
|
51405000 | |
CY2017Q1 | bxmt |
Commitments Expiration Period
CommitmentsExpirationPeriod
|
P4Y | |
CY2017Q1 | bxmt |
Debt Instrument Covenant Minimum Percentage Of Tangible Net Worth On Net Cash Proceed Of Equity Issuances
DebtInstrumentCovenantMinimumPercentageOfTangibleNetWorthOnNetCashProceedOfEquityIssuances
|
0.75 | pure |
CY2017Q1 | bxmt |
Plan Adoption Date
PlanAdoptionDate
|
2014-03-25 | |
CY2017Q1 | bxmt |
Computed Management Fee Percent Of Average Outstanding Equity Balance
ComputedManagementFeePercentOfAverageOutstandingEquityBalance
|
0.0150 | pure |
CY2017Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
5907000 | |
CY2017Q1 | us-gaap |
Restricted Stock Expense
RestrictedStockExpense
|
5813000 | |
CY2017Q1 | us-gaap |
Stock Issued During Period Shares Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures
|
277815 | shares |
CY2017Q1 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
94993386 | shares |
CY2017Q1 | bxmt |
Dividends Declared And Not Paid
DividendsDeclaredAndNotPaid
|
58787000 | |
CY2017Q1 | bxmt |
Number Of Loan Participations Sold
NumberOfLoanParticipationsSold
|
1 | Loans |
CY2017Q1 | bxmt |
Net Taxable Income Subject To Distribution Percent
NetTaxableIncomeSubjectToDistributionPercent
|
1.00 | pure |
CY2017Q1 | bxmt |
Excise Tax Rate
ExciseTaxRate
|
0.04 | pure |
CY2017Q1 | bxmt |
Loan Principal Payments Held By Servicer
LoanPrincipalPaymentsHeldByServicer
|
42715000 | |
CY2017Q1 | bxmt |
Expected Loss On Investment
ExpectedLossOnInvestment
|
0 | |
CY2017Q1 | bxmt |
Non Cash And Legacy Compensation Expenses
NonCashAndLegacyCompensationExpenses
|
5907000 | |
CY2017Q1 | bxmt |
Incentive Fee Computation Percent Of Product Per Agreement
IncentiveFeeComputationPercentOfProductPerAgreement
|
0.20 | pure |
CY2017Q1 | us-gaap |
Mortgage Loans On Real Estate Number Of Loans
MortgageLoansOnRealEstateNumberOfLoans
|
103 | |
CY2017Q1 | bxmt |
Incentive Fee Computation Percent Of Average Outstanding Equity Per Annum
IncentiveFeeComputationPercentOfAverageOutstandingEquityPerAnnum
|
0.0700 | pure |
CY2017Q1 | bxmt |
Core General And Administrative Expenses
CoreGeneralAndAdministrativeExpenses
|
1462000 | |
CY2017Q1 | bxmt |
Debt Instrument Revolving Repurchase Facilities Advance Rate
DebtInstrumentRevolvingRepurchaseFacilitiesAdvanceRate
|
0.789 | pure |
CY2017Q1 | bxmt |
Adjustments To Additional Paid In Capital Deferred Compensation
AdjustmentsToAdditionalPaidInCapitalDeferredCompensation
|
94000 | |
CY2017Q1 | bxmt |
Annual Distribution Of Net Taxable Income Percentage
AnnualDistributionOfNetTaxableIncomePercentage
|
0.90 | pure |
CY2017Q1 | bxmt |
Other Comprehensive Income Realized And Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeRealizedAndUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
|
-3925000 | |
CY2016Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-146007000 | |
CY2016Q1 | us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
5260000 | |
CY2016Q1 | us-gaap |
Proceeds From Sale And Collection Of Loans Receivable
ProceedsFromSaleAndCollectionOfLoansReceivable
|
420513000 | |
CY2016Q1 | us-gaap |
Noninterest Expense
NoninterestExpense
|
20408000 | |
CY2016Q1 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
94067769 | shares |
CY2016Q1 | bxmt |
Adjustments To Additional Paid In Capital Deferred Compensation
AdjustmentsToAdditionalPaidInCapitalDeferredCompensation
|
94000 | |
CY2016Q1 | us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
-9122000 | |
CY2016Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
6000 | |
CY2016Q1 | us-gaap |
Proceeds From Loan Originations1
ProceedsFromLoanOriginations1
|
10424000 | |
CY2016Q1 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
56512000 | |
CY2016Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
65781000 | |
CY2016Q1 | us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
466536000 | |
CY2016Q1 | us-gaap |
Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
|
6000 | |
CY2016Q1 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
2000 | |
CY2016Q1 | bxmt |
Core General And Administrative Expenses
CoreGeneralAndAdministrativeExpenses
|
1759000 | |
CY2016Q1 | bxmt |
Other Comprehensive Income Realized And Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeRealizedAndUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
|
-6666000 | |
CY2016Q1 | us-gaap |
Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
|
285 | shares |
CY2016Q1 | us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
285 | shares |
CY2016Q1 | us-gaap |
Professional Fees
ProfessionalFees
|
890000 | |
CY2016Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-687000 | |
CY2016Q1 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
-4254000 | |
CY2016Q1 | us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
6879000 | |
CY2016Q1 | us-gaap |
Payments For Participation Liabilities
PaymentsForParticipationLiabilities
|
9600000 | |
CY2016Q1 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
77644000 | |
CY2016Q1 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
58097000 | |
CY2016Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
91749000 | |
CY2016Q1 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
151000 | |
CY2016Q1 | us-gaap |
Payments For Proceeds From Loans Receivable
PaymentsForProceedsFromLoansReceivable
|
586066000 | |
CY2017Q1 | bxmt |
Number Of Equal Quarterly Installments
NumberOfEqualQuarterlyInstallments
|
4 | Installments |
CY2016Q1 | us-gaap |
Profit Loss
ProfitLoss
|
57199000 | |
CY2017Q1 | bxmt |
Proceeds From Derivative Instruments In Investing Activities
ProceedsFromDerivativeInstrumentsInInvestingActivities
|
1903000 | |
CY2017Q1 | bxmt |
Participations Sold Loan Weighted Average Term
ParticipationsSoldLoanWeightedAverageTerm
|
2019-12 | |
CY2016Q1 | bxmt |
Dividends Declared And Not Paid
DividendsDeclaredAndNotPaid
|
58226000 | |
CY2017Q1 | bxmt |
Payments For Derivative Instruments In Investing Activities
PaymentsForDerivativeInstrumentsInInvestingActivities
|
3752000 | |
CY2017Q1 | bxmt |
General And Administrative Operating And Other Costs
GeneralAndAdministrativeOperatingAndOtherCosts
|
445000 | |
CY2016Q1 | us-gaap |
Deferred Compensation Arrangement With Individual Shares Issued
DeferredCompensationArrangementWithIndividualSharesIssued
|
7322 | shares |
CY2016Q1 | us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
4053000 | |
CY2016Q1 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
58226000 | |
CY2016Q1 | us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations
EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
|
2649000 | |
CY2016Q1 | us-gaap |
Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
|
4593000 | |
CY2016Q1 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
0.61 | |
CY2016Q1 | us-gaap |
Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
|
-27000 | |
CY2016Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.62 | |
CY2016Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
6795000 | |
CY2016Q1 | us-gaap |
Amortization Of Deferred Loan Origination Fees Net
AmortizationOfDeferredLoanOriginationFeesNet
|
8954000 | |
CY2016Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
56360000 | |
CY2016Q1 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
11523000 | |
CY2016Q1 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
152000 | |
CY2016Q1 | us-gaap |
Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net
DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet
|
-6666000 | |
CY2016Q1 | us-gaap |
Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
|
6837000 | |
CY2016Q1 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-2256000 | |
CY2016Q1 | us-gaap |
Payments For Derivative Instrument Financing Activities
PaymentsForDerivativeInstrumentFinancingActivities
|
3260000 | |
CY2016Q1 | us-gaap |
Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
|
629897000 | |
CY2016Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
57047000 | |
CY2016Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
152000 | |
CY2016Q1 | us-gaap |
Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
|
123025000 | |
CY2016Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
|
5979000 | |
CY2016Q1 | us-gaap |
Management Fee Expense
ManagementFeeExpense
|
13613000 | |
CY2016Q1 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
138000 | |
CY2016Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
241000 | |
CY2016Q1 | us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
66000 | |
CY2016Q1 | us-gaap |
Interest Paid
InterestPaid
|
38121000 | |
CY2016Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
4852000 | |
CY2016Q1 | us-gaap |
Restricted Stock Expense
RestrictedStockExpense
|
4593000 | |
CY2016Q1 | us-gaap |
Stock Issued During Period Shares Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures
|
209798 | shares |
CY2016Q1 | us-gaap |
Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
|
-6879000 | |
CY2016Q1 | us-gaap |
Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
|
50000 | |
CY2016Q1 | us-gaap |
Proceeds From Derivative Instrument Financing Activities
ProceedsFromDerivativeInstrumentFinancingActivities
|
11478000 | |
CY2016Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
57440000 | |
CY2016Q1 | us-gaap |
Interest Expense
InterestExpense
|
45381000 | |
CY2016Q1 | bxmt |
Loan Principal Payments Held By Servicer
LoanPrincipalPaymentsHeldByServicer
|
75378000 | |
CY2016Q1 | bxmt |
Non Cash And Legacy Compensation Expenses
NonCashAndLegacyCompensationExpenses
|
4986000 | |
CY2016Q1 | bxmt |
Loan Participation Sold Repaid Net
LoanParticipationSoldRepaidNet
|
-9600000 | |
CY2016Q1 | bxmt |
General And Administrative Operating And Other Costs
GeneralAndAdministrativeOperatingAndOtherCosts
|
869000 |