$BXMT
BLACKSTONE MORTGAGE TRUST, INC. Stock $bxmt

$bxmt Overview Financials Valuation SEC Filings Company Website

2018 Q2 Form 10-Q Financial Statement

#000119312518128820 Filed on April 24, 2018

Income Statement

Concept	2018 Q2	2018 Q1	2017 Q1
Revenue	$191.5M	$155.4M	$118.5M
YoY Change	50.98%	31.14%	-3.66%
Cost Of Revenue	$87.70M	$70.00M	$46.70M
YoY Change	61.21%	49.89%	2.86%
Gross Profit	$103.7M	$85.40M	$71.80M
YoY Change	43.03%	18.94%	-7.47%
Gross Profit Margin	54.16%	54.95%	60.58%
Selling, General & Admin	$24.40M	$23.70M	$20.30M
YoY Change	11.93%	16.75%	-0.49%
% of Gross Profit	23.53%	27.75%	28.27%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses	$31.20M	$24.20M	$20.30M
YoY Change	43.78%	19.21%	-0.49%
Operating Profit	$72.50M	$61.20M	$51.50M
YoY Change	42.72%	18.83%	-9.97%
Interest Expense	$87.73M	$69.99M	$46.67M
YoY Change	61.42%	49.95%	2.85%
% of Operating Profit	121.01%	114.36%	90.63%
Other Income/Expense, Net
YoY Change
Pretax Income	$72.61M	$61.24M	$51.49M
YoY Change	43.2%	18.92%	-10.35%
Income Tax	$104.0K	$120.0K	$89.00K
% Of Pretax Income	0.14%	0.2%	0.17%
Net Earnings	$72.31M	$60.96M	$51.41M
YoY Change	42.87%	18.58%	-9.89%
Net Earnings / Revenue	37.76%	39.22%	43.37%
Basic Earnings Per Share
Diluted Earnings Per Share	$662.7K	$562.7K	$541.1K
COMMON SHARES
Basic Shares Outstanding	108.2M shares	108.2M shares	94.82M shares
Diluted Shares Outstanding

Balance Sheet

Concept	2018 Q2	2018 Q1	2017 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$107.0M	$57.00M	$64.00M
YoY Change	214.71%	-10.94%	-42.34%
Cash & Equivalents	$107.1M	$57.40M	$64.28M
Short-Term Investments
Other Short-Term Assets	$2.000M	$5.000M
YoY Change
Inventory
Prepaid Expenses
Receivables	$52.00M	$40.00M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$161.0M	$102.0M	$64.00M
YoY Change	373.53%	59.38%	-42.34%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$0.00	$17.00M
YoY Change	-100.0%
Total Long-Term Assets	$12.22B	$11.11B	$8.891B
YoY Change	26.19%	24.95%	-5.86%
TOTAL ASSETS
Total Short-Term Assets	$161.0M	$102.0M	$64.00M
Total Long-Term Assets	$12.22B	$11.11B	$8.891B
Total Assets	$12.38B	$11.21B	$8.955B
YoY Change	27.4%	25.2%	-6.28%
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
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt	$9.238B	$8.175B	$6.282B
YoY Change	30.19%	30.13%	-9.65%
Other Long-Term Liabilities	$116.0M	$110.0M	$177.0M
YoY Change	-0.85%	-37.85%	77.0%
Total Long-Term Liabilities	$9.354B	$8.285B	$6.459B
YoY Change	29.68%	28.27%	-8.42%
TOTAL LIABILITIES
Total Short-Term Liabilities
Total Long-Term Liabilities	$9.354B	$8.285B	$6.459B
Total Liabilities	$9.354B	$8.285B	$6.459B
YoY Change	29.69%	28.27%	-8.43%
SHAREHOLDERS EQUITY
Retained Earnings	-$570.3M	-$573.4M	-$548.6M
YoY Change	2.4%	4.51%	0.29%
Common Stock	$3.626B	$3.517B	$3.097B
YoY Change	16.82%	13.55%	0.71%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$3.023B	$2.921B	$2.496B
YoY Change
Total Liabilities & Shareholders Equity	$12.38B	$11.21B	$8.955B
YoY Change	27.4%	25.2%	-6.28%

Cashflow Statement

Concept	2018 Q2	2018 Q1	2017 Q1
OPERATING ACTIVITIES
Net Income	$72.31M	$60.96M	$51.41M
YoY Change	42.87%	18.58%	-9.89%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities	$62.40M	$72.58M	$57.40M
YoY Change	16.85%	26.44%	-12.77%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities	-$1.187B	-$967.5M	-$124.5M
YoY Change	435.8%	677.11%	-14.73%
Cash From Investing Activities	-$1.187B	-$967.5M	-$124.5M
YoY Change	435.8%	677.1%	-14.73%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net			$8.000K
YoY Change			33.33%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	1.159B	857.7M	55.20M
YoY Change	585.74%	1453.76%	-39.8%
NET CHANGE
Cash From Operating Activities	62.40M	72.58M	57.40M
Cash From Investing Activities	-1.187B	-967.5M	-124.5M
Cash From Financing Activities	1.159B	857.7M	55.20M
Net Change In Cash	34.50M	-37.24M	-11.90M
YoY Change	3733.33%	212.94%	-203.48%
FREE CASH FLOW
Cash From Operating Activities	$62.40M	$72.58M	$57.40M
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2018Q1	us-gaap	Impaired Financing Receivable Recorded Investment ImpairedFinancingReceivableRecordedInvestment	0
CY2018Q1	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	21790000
CY2018Q1	us-gaap	Deferred Income Tax Liabilities DeferredIncomeTaxLiabilities	0
CY2018Q1	us-gaap	Deferred Tax Assets Gross DeferredTaxAssetsGross	0
CY2018Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies
CY2018Q1	us-gaap	Convertible Notes Payable ConvertibleNotesPayable	778070000
CY2018Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	200000000	shares
CY2018Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	108194090	shares
CY2018Q1	us-gaap	Collateral Already Posted Aggregate Fair Value CollateralAlreadyPostedAggregateFairValue	6590000
CY2018Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2018Q1	us-gaap	Derivative Assets DerivativeAssets	3119000
CY2018Q1	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	67080000
CY2017Q2	bxmt	Joint Venture Capital Contribution Percentage JointVentureCapitalContributionPercentage	0.85	pure
CY2018Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	108194511	shares
CY2017Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	64275000
CY2017Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	64275000
CY2017Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	2495982000
CY2017Q1	bxmt	Common Stock Shares Outstanding Including Stock Equivalents CommonStockSharesOutstandingIncludingStockEquivalents	94993790	shares
CY2018Q1	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	3515418000
CY2018Q1	us-gaap	Accounts Payable And Other Accrued Liabilities AccountsPayableAndOtherAccruedLiabilities	2782000
CY2018Q1	us-gaap	Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax	27700000
CY2018Q1	us-gaap	Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax	-49600000
CY2018Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-21903000
CY2018Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	108194090	shares
CY2018Q1	us-gaap	Common Stock Value CommonStockValue	1082000
CY2018Q1	us-gaap	Derivative Liabilities DerivativeLiabilities	2166000
CY2018Q1	us-gaap	Assets Assets	11211290000
CY2018Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	57396000
CY2018Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	74478000
CY2018Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal After Year Five LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive	107673000
CY2018Q1	us-gaap	Mortgage Loans On Real Estate Face Amount Of Mortgages MortgageLoansOnRealEstateFaceAmountOfMortgages	11140975000
CY2018Q1	us-gaap	Other Assets OtherAssets	55096000
CY2018Q1	us-gaap	Minority Interest MinorityInterest	5298000
CY2018Q1	us-gaap	Other Assets Miscellaneous OtherAssetsMiscellaneous	75000
CY2018Q1	us-gaap	Participating Mortgage Loans Participation Liabilities Amount ParticipatingMortgageLoansParticipationLiabilitiesAmount	117926000
CY2018Q1	us-gaap	Other Liabilities OtherLiabilities	109624000
CY2018Q1	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	100000000	shares
CY2018Q1	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	22104000
CY2018Q1	us-gaap	Interest Receivable InterestReceivable	39926000
CY2018Q1	us-gaap	Liabilities Liabilities	8284779000
CY2018Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	11211290000
CY2018Q1	us-gaap	Line Of Credit Facility Current Borrowing Capacity LineOfCreditFacilityCurrentBorrowingCapacity	4665513000
CY2018Q1	us-gaap	Line Of Credit Facility Maximum Borrowing Capacity LineOfCreditFacilityMaximumBorrowingCapacity	500000000
CY2018Q1	us-gaap	Line Of Credit Facility Maximum Borrowing Capacity LineOfCreditFacilityMaximumBorrowingCapacity	700900000
CY2018Q1	us-gaap	Line Of Credit LineOfCredit	3851609000
CY2018Q1	us-gaap	Long Term Debt LongTermDebt	6813670000
CY2018Q1	us-gaap	Long Term Debt Maturing In Years Four And Five LongTermDebtMaturingInYearsFourAndFive	4003194000
CY2018Q1	us-gaap	Long Term Debt Maturing In Years Two And Three LongTermDebtMaturingInYearsTwoAndThree	2253937000
CY2018Q1	us-gaap	Loans And Leases Receivable Net Of Deferred Income LoansAndLeasesReceivableNetOfDeferredIncome	11081716000
CY2018Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear	448866000
CY2018Q1	bxmt	Accrued Management And Incentive Fees Payable AccruedManagementAndIncentiveFeesPayable	15492000
CY2018Q1	bxmt	Restricted Cash Fair Value Disclosure RestrictedCashFairValueDisclosure	17082000
CY2018Q1	bxmt	Loan Portfolio Payments Held By Our Third Party Loan Servicer LoanPortfolioPaymentsHeldByOurThirdPartyLoanServicer	4750000
CY2018Q1	us-gaap	Prepaid Taxes PrepaidTaxes	28000
CY2018Q1	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2018Q1	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	608000
CY2018Q1	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2018Q1	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	17082000
CY2018Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-573384000
CY2018Q1	us-gaap	Secured Debt Repurchase Agreements SecuredDebtRepurchaseAgreements	5996880000
CY2018Q1	us-gaap	Stockholders Equity StockholdersEquity	2921213000
CY2018Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	2926511000
CY2018Q1	us-gaap	Variable Interest Entity Consolidated Carrying Amount Assets VariableInterestEntityConsolidatedCarryingAmountAssets	1500000000
CY2018Q1	us-gaap	Variable Interest Entity Consolidated Carrying Amount Liabilities VariableInterestEntityConsolidatedCarryingAmountLiabilities	1300000000
CY2018Q1	bxmt	Debt Instrument Covenant Requirement On Consolidated Tangible Net Worth Minimum DebtInstrumentCovenantRequirementOnConsolidatedTangibleNetWorthMinimum	2200000000
CY2018Q1	bxmt	Principal Collateral Of Gross Loan For Asset Specific Financing Agreements PrincipalCollateralOfGrossLoanForAssetSpecificFinancingAgreements	2075003000
CY2018Q1	bxmt	Secured Debt Financing Agreements SecuredDebtFinancingAgreements	1600256000
CY2018Q1	bxmt	Loans Exposure Amount LoansExposureAmount	12136883000
CY2018Q1	bxmt	Loan Exposure Amount Including Non Consolidated Senior Interests LoanExposureAmountIncludingNonConsolidatedSeniorInterests	995900000
CY2018Q1	bxmt	Book Value Collateral Of Gross Loan For Asset Specific Financing Agreements BookValueCollateralOfGrossLoanForAssetSpecificFinancingAgreements	2060036000
CY2018Q1	bxmt	Common Stock Shares Outstanding Including Stock Equivalents CommonStockSharesOutstandingIncludingStockEquivalents	108399178	shares
CY2018Q1	bxmt	Stock Shares Authorized StockSharesAuthorized	300000000	shares
CY2018Q1	bxmt	Percentage Of Loans Open To Repayment By Borrower PercentageOfLoansOpenToRepaymentByBorrower	0.28	pure
CY2018Q1	bxmt	Percentage Of Loans Subject To Yield Maintenance Lock Out Provisions Other Prepayment Restrictions PercentageOfLoansSubjectToYieldMaintenanceLockOutProvisionsOtherPrepaymentRestrictions	0.72	pure
CY2018Q1	bxmt	Debt Instrument Covenant Minimum Percentage Of Cash Liquidity On Recourse Indebtedness DebtInstrumentCovenantMinimumPercentageOfCashLiquidityOnRecourseIndebtedness	0.05	pure
CY2018Q1	bxmt	Percentage Of Portfolio PercentageOfPortfolio	1.00	pure
CY2018Q1	bxmt	Securitized Debt Obligations Net SecuritizedDebtObligationsNet	1282279000
CY2018Q1	bxmt	Securitized Debt Obligations Net Face Amount SecuritizedDebtObligationsNetFaceAmount	1292120000
CY2018Q1	bxmt	Nonconsolidated Senior Interests Excluded From Contractual Obligations NonconsolidatedSeniorInterestsExcludedFromContractualObligations	995900000
CY2018Q1	bxmt	Securitized Debt Obligations Excluded From Contractual Obligations SecuritizedDebtObligationsExcludedFromContractualObligations	1300000000
CY2018Q1	bxmt	Loan Participations Sold Excluded From Contractual Obligations LoanParticipationsSoldExcludedFromContractualObligations	118200000
CY2016Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	75567000
CY2018Q1	bxmt	Secured Debt Repurchase Agreements Face Amount SecuredDebtRepurchaseAgreementsFaceAmount	1607424000
CY2018Q1	bxmt	Participating Mortgage Loans Participation Liabilities Principal Amount ParticipatingMortgageLoansParticipationLiabilitiesPrincipalAmount	178602000
CY2016Q4	bxmt	Common Stock Shares Outstanding Including Stock Equivalents CommonStockSharesOutstandingIncludingStockEquivalents	94709290	shares
CY2016Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	2493603000
CY2018Q1	bxmt	Weighted Average Risk Rating On Loan Exposure WeightedAverageRiskRatingOnLoanExposure	2.7	pure
CY2018Q1	bxmt	Number Of Benefit Plans NumberOfBenefitPlans	7	Plans
CY2018Q1	bxmt	Loans Outstanding With Unfunded Commitments LoansOutstandingWithUnfundedCommitments	74	Loans
CY2018Q1	bxmt	Secured Debt Repurchase Agreements Gross SecuredDebtRepurchaseAgreementsGross	6018670000
CY2017Q4	us-gaap	Assets Assets	10258825000
CY2017Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	102518000
CY2017Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies
CY2017Q4	us-gaap	Liabilities Liabilities	7341419000
CY2017Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	200000000	shares
CY2017Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	107883860	shares
CY2017Q4	us-gaap	Collateral Already Posted Aggregate Fair Value CollateralAlreadyPostedAggregateFairValue	4120000
CY2017Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2017Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	107883860	shares
CY2017Q4	us-gaap	Common Stock Value CommonStockValue	1079000
CY2017Q4	us-gaap	Deferred Tax Assets Gross DeferredTaxAssetsGross	0
CY2017Q4	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	14162000
CY2017Q4	us-gaap	Convertible Notes Payable ConvertibleNotesPayable	563911000
CY2017Q4	us-gaap	Derivative Assets DerivativeAssets	1214000
CY2017Q4	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	66888000
CY2017Q4	us-gaap	Derivative Liabilities DerivativeLiabilities	4911000
CY2017Q4	us-gaap	Impaired Financing Receivable Recorded Investment ImpairedFinancingReceivableRecordedInvestment	0
CY2017Q4	us-gaap	Interest Receivable InterestReceivable	38573000
CY2017Q4	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	16681000
CY2017Q4	us-gaap	Deferred Income Tax Liabilities DeferredIncomeTaxLiabilities	0
CY2017Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	3506861000
CY2017Q4	us-gaap	Accounts Payable And Other Accrued Liabilities AccountsPayableAndOtherAccruedLiabilities	2125000
CY2017Q4	us-gaap	Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax	30600000
CY2017Q4	us-gaap	Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax	-60300000
CY2017Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-29706000
CY2017Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	69654000
CY2017Q4	us-gaap	Other Liabilities OtherLiabilities	140826000
CY2017Q4	us-gaap	Prepaid Taxes PrepaidTaxes	31000
CY2017Q4	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	798000
CY2017Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	32864000
CY2017Q4	us-gaap	Other Assets Miscellaneous OtherAssetsMiscellaneous	80000
CY2017Q4	us-gaap	Participating Mortgage Loans Participation Liabilities Amount ParticipatingMortgageLoansParticipationLiabilitiesAmount	80415000
CY2017Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	10258825000
CY2017Q4	us-gaap	Line Of Credit Facility Maximum Borrowing Capacity LineOfCreditFacilityMaximumBorrowingCapacity	500000000
CY2017Q4	us-gaap	Line Of Credit Facility Maximum Borrowing Capacity LineOfCreditFacilityMaximumBorrowingCapacity	675700000
CY2017Q4	us-gaap	Loans And Leases Receivable Net Of Deferred Income LoansAndLeasesReceivableNetOfDeferredIncome	10056732000
CY2017Q4	us-gaap	Minority Interest MinorityInterest	6340000
CY2017Q4	us-gaap	Mortgage Loans On Real Estate Face Amount Of Mortgages MortgageLoansOnRealEstateFaceAmountOfMortgages	10108226000
CY2017Q4	us-gaap	Other Assets OtherAssets	99575000
CY2017Q4	us-gaap	Operating Loss Carryforwards OperatingLossCarryforwards	159000000
CY2017Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-567168000
CY2017Q4	us-gaap	Secured Debt SecuredDebt	38456000
CY2017Q4	us-gaap	Secured Debt Repurchase Agreements SecuredDebtRepurchaseAgreements	5273855000
CY2017Q4	us-gaap	Stockholders Equity StockholdersEquity	2911066000
CY2017Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	2917406000
CY2017Q4	us-gaap	Variable Interest Entity Consolidated Carrying Amount Assets VariableInterestEntityConsolidatedCarryingAmountAssets	1500000000
CY2017Q4	us-gaap	Variable Interest Entity Consolidated Carrying Amount Liabilities VariableInterestEntityConsolidatedCarryingAmountLiabilities	1300000000
CY2017Q4	bxmt	Principal Collateral Of Gross Loan For Asset Specific Financing Agreements PrincipalCollateralOfGrossLoanForAssetSpecificFinancingAgreements	682259000
CY2017Q4	bxmt	Restricted Cash Fair Value Disclosure RestrictedCashFairValueDisclosure	32864000
CY2017Q4	bxmt	Secured Debt Financing Agreements SecuredDebtFinancingAgreements	517088000
CY2017Q4	bxmt	Book Value Collateral Of Gross Loan For Asset Specific Financing Agreements BookValueCollateralOfGrossLoanForAssetSpecificFinancingAgreements	677296000
CY2017Q4	bxmt	Loan Portfolio Payments Held By Our Third Party Loan Servicer LoanPortfolioPaymentsHeldByOurThirdPartyLoanServicer	54759000
CY2017Q4	bxmt	Loans Exposure Amount LoansExposureAmount	11093608000
CY2017Q4	bxmt	Loan Exposure Amount Including Non Consolidated Senior Interests LoanExposureAmountIncludingNonConsolidatedSeniorInterests	985400000
CY2017Q4	bxmt	Accrued Management And Incentive Fees Payable AccruedManagementAndIncentiveFeesPayable	14284000
CY2017Q4	bxmt	Participating Mortgage Loans Participation Liabilities Principal Amount ParticipatingMortgageLoansParticipationLiabilitiesPrincipalAmount	141119000
CY2017	us-gaap	Mortgage Loans On Real Estate Number Of Loans MortgageLoansOnRealEstateNumberOfLoans	110
CY2017Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-1699000
CY2017Q1	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	2636000
CY2017	us-gaap	Operating Loss Carryforwards Expiration Date OperatingLossCarryforwardsExpirationDate	2029-12-31
CY2017Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	89000
CY2017Q1	us-gaap	Interest Expense InterestExpense	46674000
CY2017Q4	bxmt	Secured Debt Repurchase Agreements Face Amount SecuredDebtRepurchaseAgreementsFaceAmount	518864000
CY2017	bxmt	Number Of Loan Participations Sold NumberOfLoanParticipationsSold	1	Loans
CY2017Q4	bxmt	Secured Debt Repurchase Agreements Gross SecuredDebtRepurchaseAgreementsGross	5290536000
CY2017	bxmt	Participations Sold Loan Weighted Average Term ParticipationsSoldLoanWeightedAverageTerm	2022-02
CY2017	bxmt	Percentage Of Loans Financed By Securitized Debt Obligations Earned Floating Rate Of Interest PercentageOfLoansFinancedBySecuritizedDebtObligationsEarnedFloatingRateOfInterest	0.98	pure
CY2017Q4	bxmt	Common Stock Shares Outstanding Including Stock Equivalents CommonStockSharesOutstandingIncludingStockEquivalents	108081077	shares
CY2017Q4	bxmt	Weighted Average Risk Rating On Loan Exposure WeightedAverageRiskRatingOnLoanExposure	2.7	pure
CY2017Q1	us-gaap	Amortization Of Deferred Loan Origination Fees Net AmortizationOfDeferredLoanOriginationFeesNet	8808000
CY2017Q1	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	4535000
CY2017Q1	us-gaap	Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition	5810000
CY2017Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	-11876000
CY2017Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.62
CY2017Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	55250000
CY2017Q1	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	55250000
CY2017Q1	us-gaap	Deferred Compensation Arrangement With Individual Shares Issued DeferredCompensationArrangementWithIndividualSharesIssued	6415	shares
CY2017Q1	us-gaap	Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet	-4399000
CY2017Q4	bxmt	Percentage Of Loans Open To Repayment By Borrower PercentageOfLoansOpenToRepaymentByBorrower	0.25	pure
CY2017Q4	bxmt	Percentage Of Loans Subject To Yield Maintenance Lock Out Provisions Other Prepayment Restrictions PercentageOfLoansSubjectToYieldMaintenanceLockOutProvisionsOtherPrepaymentRestrictions	0.75	pure
CY2017Q4	bxmt	Percentage Of Portfolio PercentageOfPortfolio	1.00	pure
CY2017Q4	bxmt	Securitized Debt Obligations Net SecuritizedDebtObligationsNet	1282412000
CY2017Q4	bxmt	Securitized Debt Obligations Net Face Amount SecuritizedDebtObligationsNetFaceAmount	1292120000
CY2018Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.62
CY2013Q2	us-gaap	Stock Issued During Period Shares New Issues StockIssuedDuringPeriodSharesNewIssues	25875000	shares
CY2018	bxmt	Commitments Expiration Period CommitmentsExpirationPeriod	P5Y
CY2017	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.35	pure
CY2017Q1	us-gaap	Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet	-474000
CY2017Q1	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.54
CY2017Q1	us-gaap	Dividends Common Stock DividendsCommonStock	58787000
CY2017Q1	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	584000
CY2017Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	7428000
CY2017Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	51494000
CY2017Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	50000
CY2017Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	3845000
CY2017Q1	us-gaap	Net Income Loss NetIncomeLoss	51405000
CY2017Q1	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax	7770000
CY2017Q1	us-gaap	Other General And Administrative Expense OtherGeneralAndAdministrativeExpense	59000
CY2017Q1	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	3895000
CY2017Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	58615000
CY2017Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	8000
CY2017Q1	us-gaap	Interest And Dividend Income Operating InterestAndDividendIncomeOperating	118517000
CY2017Q1	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	71843000
CY2017Q1	us-gaap	Interest Paid InterestPaid	39287000
CY2017Q1	us-gaap	Management Fee Expense ManagementFeeExpense	12921000
CY2017Q1	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-124452000
CY2017Q1	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	57374000
CY2017Q1	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	55202000
CY2017Q1	us-gaap	Noninterest Expense NoninterestExpense	20349000
CY2017Q1	us-gaap	Payments For Proceeds From Loans Receivable PaymentsForProceedsFromLoansReceivable	702353000
CY2017Q1	us-gaap	Professional Fees ProfessionalFees	1017000
CY2017Q1	bxmt	Proceeds From Derivative Instruments In Investing Activities ProceedsFromDerivativeInstrumentsInInvestingActivities	1903000
CY2017Q1	bxmt	Payments For Derivative Instruments In Investing Activities PaymentsForDerivativeInstrumentsInInvestingActivities	3752000
CY2017Q1	bxmt	Loan Principal Payments Held By Servicer LoanPrincipalPaymentsHeldByServicer	42715000
CY2017Q1	bxmt	Dividends Declared And Not Paid DividendsDeclaredAndNotPaid	58787000
CY2017Q1	bxmt	Other Comprehensive Income Realized And Unrealized Gain Loss On Derivatives Arising During Period Before Tax OtherComprehensiveIncomeRealizedAndUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax	-3925000
CY2017Q1	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	3000
CY2017Q1	us-gaap	Proceeds From Loan Originations1 ProceedsFromLoanOriginations1	12429000
CY2017Q1	bxmt	Non Cash And Legacy Compensation Expenses NonCashAndLegacyCompensationExpenses	5907000
CY2018Q1	dei	Amendment Flag AmendmentFlag	false
CY2018Q1	us-gaap	Additional Cash And Cash Equivalent Related Text AdditionalCashAndCashEquivalentRelatedText	Cash and cash equivalents represent cash held in banks and liquid investments with original maturities of three months or less.
CY2017Q1	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	672161000
CY2017Q1	us-gaap	Restricted Stock Expense RestrictedStockExpense	5813000
CY2017Q1	us-gaap	Proceeds From Sale And Collection Of Loans Receivable ProceedsFromSaleAndCollectionOfLoansReceivable	567321000
CY2017Q1	us-gaap	Profit Loss ProfitLoss	51405000
CY2017Q1	us-gaap	Stock Issued During Period Shares New Issues StockIssuedDuringPeriodSharesNewIssues	270	shares
CY2017Q1	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	94993386	shares
CY2017Q1	bxmt	Core General And Administrative Expenses CoreGeneralAndAdministrativeExpenses	1462000
CY2017Q1	bxmt	Adjustments To Additional Paid In Capital Deferred Compensation AdjustmentsToAdditionalPaidInCapitalDeferredCompensation	94000
CY2017Q1	us-gaap	Proceeds From Issuance Of Secured Debt ProceedsFromIssuanceOfSecuredDebt	789865000
CY2018Q1	us-gaap	Amortization Of Deferred Loan Origination Fees Net AmortizationOfDeferredLoanOriginationFeesNet	11229000
CY2018Q1	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	6331000
CY2018Q1	us-gaap	Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition	6848000
CY2018Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	-37240000
CY2017Q1	bxmt	General And Administrative Operating And Other Costs GeneralAndAdministrativeOperatingAndOtherCosts	445000
CY2017Q1	us-gaap	Share Based Compensation ShareBasedCompensation	5907000
CY2017Q1	us-gaap	Stock Issued During Period Shares Restricted Stock Award Net Of Forfeitures StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures	277815	shares
CY2017Q1	us-gaap	Stock Issued During Period Value Dividend Reinvestment Plan StockIssuedDuringPeriodValueDividendReinvestmentPlan	9000
CY2018Q1	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax	10738000
CY2018Q1	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	10217000
CY2018Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	66888000
CY2018Q1	us-gaap	Payments For Proceeds From Loans Receivable PaymentsForProceedsFromLoansReceivable	1978213000
CY2018Q1	us-gaap	Proceeds From Loan Originations1 ProceedsFromLoanOriginations1	18881000
CY2018Q1	us-gaap	Proceeds From Minority Shareholders ProceedsFromMinorityShareholders	375000
CY2018Q1	us-gaap	Proceeds From Convertible Debt ProceedsFromConvertibleDebt	214463000
CY2018Q1	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	158000
CY2018Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.62
CY2018Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	68761000
CY2018Q1	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	68919000
CY2018Q1	us-gaap	Debt Instrument Basis Spread On Variable Rate1 DebtInstrumentBasisSpreadOnVariableRate1	0.0184	pure
CY2018Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2018Q1	us-gaap	Deferred Compensation Arrangement With Individual Shares Issued DeferredCompensationArrangementWithIndividualSharesIssued	7871	shares
CY2018Q1	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.
CY2018Q1	us-gaap	Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet	-2826000
CY2018Q1	us-gaap	Proceeds From Sale And Collection Of Loans Receivable ProceedsFromSaleAndCollectionOfLoansReceivable	1001682000
CY2018Q1	us-gaap	Profit Loss ProfitLoss	61116000
CY2018Q1	us-gaap	Proceeds From Issuance Of Secured Debt ProceedsFromIssuanceOfSecuredDebt	1949135000
CY2018Q1	us-gaap	Proceeds From Payments To Minority Shareholders ProceedsFromPaymentsToMinorityShareholders	-1575000
CY2018Q1	us-gaap	Dividend Payable Date To Be Paid Day Month And Year DividendPayableDateToBePaidDayMonthAndYear	2018-04-16
CY2018Q1	us-gaap	Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet	109000
CY2018Q1	us-gaap	Provision For Loan And Lease Losses ProvisionForLoanAndLeaseLosses	0
CY2018Q1	us-gaap	Professional Fees ProfessionalFees	1223000
CY2018Q1	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	1265100000
CY2018Q1	us-gaap	Restricted Stock Expense RestrictedStockExpense	6851000
CY2018Q1	us-gaap	Dividends Payable Date Of Record Day Month And Year DividendsPayableDateOfRecordDayMonthAndYear	2018-03-30
CY2018Q1	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.56
CY2018Q1	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" align="justify">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>
CY2018Q1	us-gaap	Dividends Payable Date Declared Day Month And Year DividendsPayableDateDeclaredDayMonthAndYear	2018-03-13
CY2018Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2018Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2018
CY2018Q1	dei	Document Type DocumentType	10-Q
CY2018Q1	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.21	pure
CY2018Q1	us-gaap	Dividends Common Stock DividendsCommonStock	67066000
CY2018Q1	dei	Document Period End Date DocumentPeriodEndDate	2018-03-31
CY2018Q1	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	9200000
CY2018Q1	dei	Entity Registrant Name EntityRegistrantName	BLACKSTONE MORTGAGE TRUST, INC.
CY2018Q1	dei	Entity Central Index Key EntityCentralIndexKey	0001061630
CY2018Q1	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
CY2018Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	8708000
CY2018Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	61236000
CY2018Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	135000
CY2018Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	354000
CY2018Q1	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	9739000
CY2018Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	120000
CY2018Q1	us-gaap	Interest Expense InterestExpense	69989000
CY2018Q1	us-gaap	Interest And Dividend Income Operating InterestAndDividendIncomeOperating	155425000
CY2018Q1	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	85436000
CY2018Q1	us-gaap	Investment Income Interest InvestmentIncomeInterest	155400000
CY2018Q1	us-gaap	Interest Paid InterestPaid	55582000
CY2018Q1	us-gaap	Management Fee Expense ManagementFeeExpense	15492000
CY2018Q1	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	1575000
CY2018Q1	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.
CY2018Q1	us-gaap	Nature Of Operations NatureOfOperations	<div> <p style="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"> <b>1. ORGANIZATION</b></p> <p style="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" 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-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" align="justify">Blackstone Mortgage Trust is a real estate finance company that originates senior loans collateralized by commercial real estate in North America and Europe. Our investment objective is to preserve and protect shareholder capital while producing attractive risk-adjusted returns primarily through dividends generated from current income from our loan portfolio. 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.” Our principal executive offices are located at 345 Park Avenue, 42<sup style="font-size:85%; vertical-align:top">nd</sup> Floor, New York, New York 10154. We were incorporated in Maryland in 1998, when we reorganized from a California common law business trust into a Maryland corporation.</p> <p style="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" 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>
CY2018Q1	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-967495000
CY2018Q1	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	72579000
CY2018Q1	us-gaap	Mortgage Loans On Real Estate Number Of Loans MortgageLoansOnRealEstateNumberOfLoans	106
CY2018Q1	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	857676000
CY2018Q1	us-gaap	Net Income Loss NetIncomeLoss	60958000
CY2018Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	158000
CY2018Q1	us-gaap	Noninterest Expense NoninterestExpense	24200000
CY2018Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	7803000
CY2018Q1	bxmt	Proceeds From Derivative Instruments In Investing Activities ProceedsFromDerivativeInstrumentsInInvestingActivities	22000
CY2018Q1	bxmt	Payments For Derivative Instruments In Investing Activities PaymentsForDerivativeInstrumentsInInvestingActivities	7397000
CY2018Q1	bxmt	Loan Principal Payments Held By Servicer LoanPrincipalPaymentsHeldByServicer	4684000
CY2018Q1	bxmt	Interest Expense Secured Debt InterestExpenseSecuredDebt	11000000
CY2018Q1	bxmt	Proceeds From Collateral Deposits Related To Derivatives ProceedsFromCollateralDepositsRelatedToDerivatives	10740000
CY2018Q1	bxmt	Payments For Collateral Deposits Related To Derivatives PaymentsForCollateralDepositsRelatedToDerivatives	13210000
CY2018Q1	bxmt	Percentage Of Loans Financed By Securitized Debt Obligations Earned Floating Rate Of Interest PercentageOfLoansFinancedBySecuritizedDebtObligationsEarnedFloatingRateOfInterest	0.98	pure
CY2018Q1	bxmt	Cash Contributions From Joint Venture Partners That Increase Equity CashContributionsFromJointVenturePartnersThatIncreaseEquity	375000
CY2017Q4	bxmt	Interest Expense Secured Debt InterestExpenseSecuredDebt	4700000
CY2018Q1	bxmt	Debt Instrument Revolving Repurchase Facilities Advance Rate DebtInstrumentRevolvingRepurchaseFacilitiesAdvanceRate	0.788	pure
CY2018Q1	bxmt	Incentive Fee Computation Percent Of Average Outstanding Equity Per Annum IncentiveFeeComputationPercentOfAverageOutstandingEquityPerAnnum	0.0700	pure
CY2018Q1	bxmt	Annual Distribution Of Net Taxable Income Percentage AnnualDistributionOfNetTaxableIncomePercentage	0.90	pure
CY2018Q1	bxmt	Expected Loss On Investment ExpectedLossOnInvestment	0
CY2018Q1	bxmt	Dividends Declared And Not Paid DividendsDeclaredAndNotPaid	67080000
CY2018Q1	bxmt	Other Comprehensive Income Realized And Unrealized Gain Loss On Derivatives Arising During Period Before Tax OtherComprehensiveIncomeRealizedAndUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax	-2935000
CY2018Q1	bxmt	Proceeds From Sale Of Loan Participation ProceedsFromSaleOfLoanParticipation	37483000
CY2018Q1	bxmt	Non Cash And Legacy Compensation Expenses NonCashAndLegacyCompensationExpenses	6976000
CY2018Q1	bxmt	Plan Adoption Date PlanAdoptionDate	2014-03-25
CY2018Q1	bxmt	Number Of Loan Participations Sold NumberOfLoanParticipationsSold	1	Loans
CY2018Q1	us-gaap	Schedule Of Repurchase Agreements ScheduleOfRepurchaseAgreements	<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: 400; 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; text-decoration-style: initial; text-decoration-color: initial" align="justify">The following tables outline the key terms of our credit facilities as of March 31, 2018:</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 12pt; FONT-FAMILY: "Times New Roman"; WHITE-SPACE: normal; WORD-SPACING: 0px; TEXT-TRANSFORM: none; FONT-WEIGHT: 400; COLOR: rgb(0,0,0); FONT-STYLE: normal; ORPHANS: 2; WIDOWS: 2; MARGIN-TOP: 0pt; LETTER-SPACING: normal; TEXT-INDENT: 0px; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial">  </p> <table style="FONT-SIZE: 10pt; FONT-FAMILY: "Times New Roman"; WORD-SPACING: 0px; BORDER-COLLAPSE: collapse; TEXT-TRANSFORM: none; ORPHANS: 2; WIDOWS: 2; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial" cellspacing="0" cellpadding="0" width="68%" align="center" border="0"> <tr> <td width="34%"></td> <td valign="bottom" width="7%"></td> <td></td> <td valign="bottom" width="7%"></td> <td></td> <td valign="bottom" width="7%"></td> <td></td> <td valign="bottom" width="7%"></td> <td></td> </tr> <tr style="FONT-SIZE: 8pt; FONT-FAMILY: "Times New Roman"; 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; DISPLAY: inline"> <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: 9px; 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: 9px; 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"; 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">$</td> <td valign="bottom"> </td> <td valign="bottom" align="center">25%</td> <td valign="bottom"> </td> <td valign="top" align="center"> Collateral marks only</td> <td valign="bottom">  </td> <td valign="top" nowrap="nowrap" align="center"> Term matched<sup style="FONT-SIZE: 11px; VERTICAL-ALIGN: top">(3)</sup></td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: "Times New Roman"; break-inside: avoid"> <td valign="top"> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: "Times New Roman"; MARGIN-LEFT: 1em; MARGIN-TOP: 0pt; TEXT-INDENT: -1em"> MetLife</p> </td> <td valign="bottom">  </td> <td valign="top" nowrap="nowrap" align="center">$</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, 2023<sup style="FONT-SIZE: 11px; VERTICAL-ALIGN: top">(4)</sup></td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: "Times New Roman"; 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, 2023<sup style="FONT-SIZE: 11px; VERTICAL-ALIGN: top">(5)</sup></td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: "Times New Roman"; 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: 11px; VERTICAL-ALIGN: top">(3)</sup></td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: "Times New Roman"; 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"> Société Générale</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: 11px; VERTICAL-ALIGN: top">(3)</sup></td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: "Times New Roman"; 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"> Deutsche Bank</p> </td> <td valign="bottom">  </td> <td valign="top" nowrap="nowrap" align="center">$</td> <td valign="bottom"> </td> <td valign="bottom" align="center">27%</td> <td valign="bottom"> </td> <td valign="top" align="center">Collateral marks only</td> <td valign="bottom">  </td> <td valign="top" nowrap="nowrap" align="center"> August 9, 2021<sup style="FONT-SIZE: 11px; VERTICAL-ALIGN: top">(5)</sup></td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: "Times New Roman"; break-inside: avoid" bgcolor="#CCEEFF"> <td valign="top" nowrap="nowrap"> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: "Times New Roman"; MARGIN-LEFT: 1em; MARGIN-TOP: 0pt; TEXT-INDENT: -1em"> JP Morgan</p> </td> <td valign="bottom">  </td> <td valign="top" align="center">$ / £</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, 2020</td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: "Times New Roman"; 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" 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">March 3, 2020</td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: "Times New Roman"; 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"> <font style="WHITE-SPACE: nowrap">Bank of America - Multi. JV</font><sup style="FONT-SIZE: 11px; VERTICAL-ALIGN: top">(6)</sup></p> </td> <td valign="bottom">  </td> <td valign="top" nowrap="nowrap" align="center">$</td> <td valign="bottom"> </td> <td valign="bottom" align="center">43%</td> <td valign="bottom"> </td> <td valign="top" align="center">Collateral marks only</td> <td valign="bottom">  </td> <td valign="top" nowrap="nowrap" align="center">July 19, 2021</td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: "Times New Roman"; break-inside: avoid"> <td valign="top"> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: "Times New Roman"; MARGIN-LEFT: 1em; MARGIN-TOP: 0pt; TEXT-INDENT: -1em"> Goldman Sachs - Multi. JV<sup style="FONT-SIZE: 11px; VERTICAL-ALIGN: top">(6)</sup></p> </td> <td valign="bottom">  </td> <td valign="top" nowrap="nowrap" align="center">$</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">July 12, 2020<sup style="FONT-SIZE: 11px; VERTICAL-ALIGN: top">(7)</sup></td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: "Times New Roman"; 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"> Barclays</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"> March 29, 2023<sup style="FONT-SIZE: 11px; VERTICAL-ALIGN: top">(8)</sup></td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: "Times New Roman"; break-inside: avoid"> <td valign="top" colspan="9"> <p style="MARGIN-BOTTOM: 2pt; WIDTH: 159px; 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"; WORD-SPACING: 0px; BORDER-COLLAPSE: collapse; TEXT-TRANSFORM: none; ORPHANS: 2; WIDOWS: 2; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial" 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"; 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"; 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"; 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"; 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"; 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> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: "Times New Roman"; break-inside: avoid"> <td valign="top"> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: "Times New Roman"; MARGIN-TOP: 0pt" align="justify">(6)</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 facilities finance the loan investments of our consolidated Multifamily Joint Venture. Refer to Note 2 for additional discussion of our Multifamily Joint Venture.</p> </td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: "Times New Roman"; break-inside: avoid"> <td valign="top"> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: "Times New Roman"; MARGIN-TOP: 0pt" align="justify">(7)</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 one <font style="WHITE-SPACE: nowrap">one-year</font> extension option which may be exercised at our sole discretion.</p> </td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: "Times New Roman"; break-inside: avoid"> <td valign="top"> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: "Times New Roman"; MARGIN-TOP: 0pt" align="justify">(8)</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 four <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: 0px; FONT-SIZE: 1px; FONT-FAMILY: "Times New Roman"; WHITE-SPACE: normal; WORD-SPACING: 0px; TEXT-TRANSFORM: none; FONT-WEIGHT: 400; COLOR: rgb(0,0,0); FONT-STYLE: normal; ORPHANS: 2; WIDOWS: 2; MARGIN-TOP: 12px; LETTER-SPACING: normal; TEXT-INDENT: 0px; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial">  </p> <table style="FONT-SIZE: 10pt; FONT-FAMILY: "Times New Roman"; WORD-SPACING: 0px; BORDER-COLLAPSE: collapse; TEXT-TRANSFORM: none; ORPHANS: 2; WIDOWS: 2; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial" 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="35%"></td> <td valign="bottom" width="4%"></td> <td width="9%"></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> </tr> <tr style="FONT-SIZE: 8pt; FONT-FAMILY: "Times New Roman"; 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; DISPLAY: inline"> <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<br /> 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<br /> Borrowings<sup style="FONT-SIZE: 9px; 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: 9px; VERTICAL-ALIGN: top">(2)</sup></b></p> </td> <td valign="bottom">  </td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1pt solid" valign="bottom" colspan="2" align="center"><b>Advance<br /> Rate<sup style="FONT-SIZE: 9px; VERTICAL-ALIGN: top">(3)</sup></b></td> <td valign="bottom"> </td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: "Times New Roman"; break-inside: avoid" bgcolor="#CCEEFF"> <td valign="top" nowrap="nowrap" align="center">$</td> <td valign="bottom">  </td> <td valign="top"> </td> <td valign="top" align="right"> $      3,592,644</td> <td valign="top" nowrap="nowrap"> </td> <td valign="bottom">  </td> <td valign="top"> </td> <td valign="top" align="right"> $    4,272,553</td> <td valign="top" nowrap="nowrap"> </td> <td valign="bottom">  </td> <td valign="top" align="center"><font style="WHITE-SPACE: nowrap">1-month USD LIBOR</font></td> <td valign="bottom">  </td> <td valign="top" align="right">L+1.81%</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">78.8%</td> <td valign="bottom" nowrap="nowrap"> </td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: "Times New Roman"; break-inside: avoid"> <td valign="top" nowrap="nowrap" align="center">€</td> <td valign="bottom">  </td> <td valign="top"> </td> <td valign="top" align="right"> €           59,225</td> <td valign="top" nowrap="nowrap"> </td> <td valign="bottom">  </td> <td valign="top"> </td> <td valign="top" align="right"> €         80,825</td> <td valign="top" nowrap="nowrap"> </td> <td valign="bottom">  </td> <td valign="top" align="center"><font style="WHITE-SPACE: nowrap">3-month EURIBOR</font></td> <td valign="bottom">  </td> <td valign="top" align="right">L+2.25%</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">80.0%</td> <td valign="bottom" nowrap="nowrap"> </td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: "Times New Roman"; break-inside: avoid" bgcolor="#CCEEFF"> <td valign="top" align="center">£</td> <td valign="bottom">  </td> <td valign="top"> </td> <td valign="top" align="right"> £         132,771</td> <td valign="top" nowrap="nowrap"> </td> <td valign="bottom">  </td> <td valign="top"> </td> <td valign="top" align="right"> £       209,406</td> <td valign="top" nowrap="nowrap"> </td> <td valign="bottom">  </td> <td valign="top" align="center"><font style="WHITE-SPACE: nowrap">3-month GBP LIBOR</font></td> <td valign="bottom">  </td> <td valign="top" align="right">L+2.23%</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">78.6%</td> <td valign="bottom" nowrap="nowrap"> </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> <td valign="bottom"> <p style="MARGIN-BOTTOM: 0pt; BORDER-TOP: rgb(0,0,0) 1px solid; MARGIN-TOP: 0pt">  </p> </td> <td> </td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: "Times New Roman"; break-inside: avoid"> <td valign="top"></td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right"> $      3,851,609</td> <td valign="bottom" nowrap="nowrap"> </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right"> $    4,665,513</td> <td valign="bottom" nowrap="nowrap"> </td> <td valign="bottom">  </td> <td valign="bottom"></td> <td valign="bottom">  </td> <td valign="bottom" align="right">L+1.84%</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">78.8%</td> <td valign="bottom" nowrap="nowrap"> </td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: "Times New Roman"; break-inside: avoid"> <td valign="top" colspan="16"> <p style="MARGIN-BOTTOM: 2pt; WIDTH: 137px; BORDER-BOTTOM: rgb(0,0,0) 1px solid; MARGIN-TOP: 0pt; LINE-HEIGHT: 8pt">  </p> </td> <td valign="top"></td> </tr> </table> <table style="FONT-SIZE: 10pt; FONT-FAMILY: "Times New Roman"; WORD-SPACING: 0px; BORDER-COLLAPSE: collapse; TEXT-TRANSFORM: none; ORPHANS: 2; WIDOWS: 2; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial" 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"; 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"; 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"; 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>
CY2018Q1	bxmt	Number Of Directors Eligible For Annual Compensation NumberOfDirectorsEligibleForAnnualCompensation	5	Directors
CY2018Q1	bxmt	Participations Sold Loan Weighted Average Term ParticipationsSoldLoanWeightedAverageTerm	2022-02
CY2018Q1	bxmt	Computed Management Fee Percent Of Average Outstanding Equity Balance ComputedManagementFeePercentOfAverageOutstandingEquityBalance	0.0150	pure
CY2018Q1	bxmt	Net Taxable Income Subject To Distribution Percent NetTaxableIncomeSubjectToDistributionPercent	1.00	pure
CY2018Q1	bxmt	Excise Tax Rate ExciseTaxRate	0.04	pure
CY2018Q1	bxmt	Debt Instrument Covenant Minimum Percentage Of Tangible Net Worth On Net Cash Proceed Of Equity Issuances DebtInstrumentCovenantMinimumPercentageOfTangibleNetWorthOnNetCashProceedOfEquityIssuances	0.75	pure
CY2018Q1	bxmt	Incentive Fee Computation Percent Of Product Per Agreement IncentiveFeeComputationPercentOfProductPerAgreement	0.20	pure
CY2018Q1	us-gaap	Share Based Compensation ShareBasedCompensation	6976000
CY2018Q1	us-gaap	Stock Issued During Period Shares Restricted Stock Award Net Of Forfeitures StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures	309775	shares
CY2018Q1	us-gaap	Stock Issued During Period Value Dividend Reinvestment Plan StockIssuedDuringPeriodValueDividendReinvestmentPlan	14000
CY2018Q1	us-gaap	Stock Issued During Period Value Conversion Of Convertible Securities Net Of Adjustments StockIssuedDuringPeriodValueConversionOfConvertibleSecuritiesNetOfAdjustments	1462000
CY2018Q1	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	3000
CY2018Q1	us-gaap	Stock Issued During Period Shares New Issues StockIssuedDuringPeriodSharesNewIssues	455	shares
CY2018Q1	dei	Trading Symbol TradingSymbol	BXMT
CY2018Q1	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	108397598	shares
CY2018Q1	us-gaap	Use Of Estimates UseOfEstimates	<div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 0pt"> <b>Use of Estimates</b></p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt" align="justify">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>
CY2018Q1	bxmt	Core General And Administrative Expenses CoreGeneralAndAdministrativeExpenses	1732000
CY2018Q1	bxmt	Adjustments To Additional Paid In Capital Deferred Compensation AdjustmentsToAdditionalPaidInCapitalDeferredCompensation	125000
CY2018Q1	bxmt	General And Administrative Operating And Other Costs GeneralAndAdministrativeOperatingAndOtherCosts	509000

Files In Submission

Name	View Source	Status
0001193125-18-128820-index-headers.html	Edgar Link	pending
0001193125-18-128820-index.html	Edgar Link	pending
0001193125-18-128820.txt	Edgar Link	pending
0001193125-18-128820-xbrl.zip	Edgar Link	pending
bxmt-20180331.xml	Edgar Link	completed
bxmt-20180331.xsd	Edgar Link	pending
bxmt-20180331_cal.xml	Edgar Link	unprocessable
bxmt-20180331_def.xml	Edgar Link	unprocessable
bxmt-20180331_lab.xml	Edgar Link	unprocessable
bxmt-20180331_pre.xml	Edgar Link	unprocessable
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FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
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$BXMT
BLACKSTONE MORTGAGE TRUST, INC. Stock $bxmt

2018 Q2 Form 10-Q Financial Statement

#000119312518128820 Filed on April 24, 2018

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$BXMT BLACKSTONE MORTGAGE TRUST, INC. Stock $bxmt

2018 Q2 Form 10-Q Financial Statement

#000119312518128820 Filed on April 24, 2018

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$BXMT
BLACKSTONE MORTGAGE TRUST, INC. Stock $bxmt