$BXMT
BLACKSTONE MORTGAGE TRUST, INC. Stock $bxmt

$bxmt Overview Financials Valuation SEC Filings Company Website

2019 Q1 Form 10-K Financial Statement

#000119312519035956 Filed on February 12, 2019

Income Statement

Concept	2019 Q1	2018 Q4	2018 Q3
Revenue	$224.8M	$206.1M	$203.1M
YoY Change	44.61%	41.07%	38.69%
Cost Of Revenue	$118.7M	$103.9M	$98.00M
YoY Change	69.57%	57.42%	44.33%
Gross Profit	$106.1M	$102.2M	$105.2M
YoY Change	24.24%	27.43%	33.84%
Gross Profit Margin	47.21%	49.59%	51.8%
Selling, General & Admin	$28.70M	$45.80M	$20.10M
YoY Change	21.1%	108.18%	-2.9%
% of Gross Profit	27.05%	44.81%	19.11%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses	$29.10M	$28.30M	$26.80M
YoY Change	20.25%	29.22%	29.47%
Operating Profit	$77.00M	$73.90M	$78.40M
YoY Change	25.82%	26.76%	35.41%
Interest Expense	$118.7M	$0.00	$97.96M
YoY Change	69.58%		44.28%
% of Operating Profit	154.14%	0.0%	124.94%
Other Income/Expense, Net
YoY Change
Pretax Income	$76.97M	$73.90M	$78.34M
YoY Change	25.69%	26.98%	35.32%
Income Tax	$101.0K	$0.00	$48.00K
% Of Pretax Income	0.13%	0.0%	0.06%
Net Earnings	$76.57M	$73.64M	$78.17M
YoY Change	25.6%	27.21%	35.42%
Net Earnings / Revenue	34.07%	35.73%	38.48%
Basic Earnings Per Share
Diluted Earnings Per Share	$616.3K	$604.8K	$673.0K
COMMON SHARES
Basic Shares Outstanding	123.8M shares	119.7M shares	111.4M shares
Diluted Shares Outstanding

Balance Sheet

Concept	2019 Q1	2018 Q4	2018 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$79.00M	$106.0M	$87.00M
YoY Change	38.6%	51.43%	42.62%
Cash & Equivalents	$79.44M	$105.7M	$86.99M
Short-Term Investments
Other Short-Term Assets	$40.00M	$7.000M	$4.000M
YoY Change	700.0%
Inventory
Prepaid Expenses
Receivables	$61.00M	$57.00M	$46.00M
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$180.0M	$170.0M	$137.0M
YoY Change	76.47%	142.86%	124.59%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$96.00M	$96.00M	$96.00M
YoY Change
Other Assets		$0.00	$0.00
YoY Change		-100.0%	-100.0%
Total Long-Term Assets	$14.62B	$14.30B	$12.28B
YoY Change	31.57%	40.32%	26.42%
TOTAL ASSETS
Total Short-Term Assets	$180.0M	$170.0M	$137.0M
Total Long-Term Assets	$14.62B	$14.30B	$12.28B
Total Assets	$14.80B	$14.47B	$12.42B
YoY Change	31.98%	41.02%	27.03%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$4.000M
YoY Change
Accrued Expenses	$49.00M
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	$131.0M
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt	$11.21B	$10.97B	$8.988B
YoY Change	37.15%	52.27%	25.72%
Other Long-Term Liabilities	$2.000M	$128.0M	$123.0M
YoY Change	-98.18%	-9.22%	20.59%
Total Long-Term Liabilities	$11.21B	$11.09B	$9.111B
YoY Change	35.35%	51.09%	25.65%
TOTAL LIABILITIES
Total Short-Term Liabilities	$131.0M
Total Long-Term Liabilities	$11.21B	$11.09B	$9.111B
Total Liabilities	$11.34B	$11.09B	$9.111B
YoY Change	36.93%	51.1%	25.66%
SHAREHOLDERS EQUITY
Retained Earnings	-$570.9M	-$569.4M	-$566.4M
YoY Change	-0.43%	0.4%	1.5%
Common Stock	$4.041B	$3.968B	$3.900B
YoY Change	14.92%	13.11%	25.4%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$3.439B	$3.364B	$3.301B
YoY Change
Total Liabilities & Shareholders Equity	$14.80B	$14.47B	$12.42B
YoY Change	31.98%	41.02%	27.03%

Cashflow Statement

Concept	2019 Q1	2018 Q4	2018 Q3
OPERATING ACTIVITIES
Net Income	$76.57M	$73.64M	$78.17M
YoY Change	25.6%	27.21%	35.42%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities	$77.57M	$67.30M	$87.70M
YoY Change	6.88%	31.96%	33.49%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities	-$333.4M	-$2.040B	-$57.20M
YoY Change	-65.54%	342.46%	-317.49%
Cash From Investing Activities	-$333.4M	-$2.040B	-$57.20M
YoY Change	-65.54%	342.46%	-317.49%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net	$65.38M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	229.7M	1.993B	-51.60M
YoY Change	-73.22%	377.18%	-23.1%
NET CHANGE
Cash From Operating Activities	77.57M	67.30M	87.70M
Cash From Investing Activities	-333.4M	-2.040B	-57.20M
Cash From Financing Activities	229.7M	1.993B	-51.60M
Net Change In Cash	-26.20M	19.80M	-21.10M
YoY Change	-29.66%	164.0%	-184.74%
FREE CASH FLOW
Cash From Operating Activities	$77.57M	$67.30M	$87.70M
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2017Q4	us-gaap	Deferred Income Tax Liabilities DeferredIncomeTaxLiabilities	0
CY2018Q3	bxmt	Securitized Debt Obligations SecuritizedDebtObligations	1000000000
CY2019Q1	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	123763088	shares
CY2017Q2	bxmt	Joint Venture Capital Contribution Percentage JointVentureCapitalContributionPercentage	0.85	pure
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
CY2017Q2	bxmt	Securitized Debt Obligations SecuritizedDebtObligations	474600000
CY2018Q2	dei	Entity Public Float EntityPublicFloat	3300000000
CY2015Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	106006000
CY2015Q4	us-gaap	Mortgage Loans On Real Estate MortgageLoansOnRealEstate	9077007000
CY2015Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	2505731000
CY2017Q4	us-gaap	Common Stock Value CommonStockValue	1079000
CY2015Q4	bxmt	Common Stock Shares Outstanding Including Stock Equivalents CommonStockSharesOutstandingIncludingStockEquivalents	93843847	shares
CY2016Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	75567000
CY2016Q4	us-gaap	Mortgage Loans On Real Estate MortgageLoansOnRealEstate	8692978000
CY2016Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	2493603000
CY2016Q4	bxmt	Common Stock Shares Outstanding Including Stock Equivalents CommonStockSharesOutstandingIncludingStockEquivalents	94709290	shares
CY2017Q4	us-gaap	Convertible Notes Payable ConvertibleNotesPayable	563911000
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	Assets Assets	10258825000
CY2017Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	69654000
CY2017Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	102518000
CY2017Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies
CY2017Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	200000000	shares
CY2017Q4	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	16681000
CY2017Q4	us-gaap	Deferred Tax Assets Gross DeferredTaxAssetsGross	0
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	Due To Related Parties Current And Noncurrent DueToRelatedPartiesCurrentAndNoncurrent	14284000
CY2017Q4	us-gaap	Impaired Financing Receivable Recorded Investment ImpairedFinancingReceivableRecordedInvestment	0
CY2017Q4	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	14162000
CY2017Q4	us-gaap	Interest Receivable InterestReceivable	38573000
CY2017Q4	us-gaap	Liabilities Liabilities	7341419000
CY2017Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	10258825000
CY2017Q4	us-gaap	Minority Interest MinorityInterest	6340000
CY2017Q4	us-gaap	Loans And Leases Receivable Net Of Deferred Income LoansAndLeasesReceivableNetOfDeferredIncome	10056732000
CY2017Q4	srt	Mortgage Loans On Real Estate Face Amount Of Mortgages MortgageLoansOnRealEstateFaceAmountOfMortgages	10108226000
CY2017Q4	bxmt	Percentage Of Loans Subject To Yield Maintenance Lock Out Provisions Other Prepayment Restrictions PercentageOfLoansSubjectToYieldMaintenanceLockOutProvisionsOtherPrepaymentRestrictions	0.75	pure
CY2017Q4	bxmt	Percentage Of Loans Open To Repayment By Borrower PercentageOfLoansOpenToRepaymentByBorrower	0.25	pure
CY2018Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	3966540000
CY2017Q4	us-gaap	Mortgage Loans On Real Estate MortgageLoansOnRealEstate	10056732000
CY2017Q4	us-gaap	Other Assets OtherAssets	99575000
CY2017Q4	bxmt	Securitized Debt Obligations Net Face Amount SecuritizedDebtObligationsNetFaceAmount	1292120000
CY2017Q4	bxmt	Participating Mortgage Loans Participation Liabilities Principal Amount ParticipatingMortgageLoansParticipationLiabilitiesPrincipalAmount	141119000
CY2017Q4	us-gaap	Other Liabilities OtherLiabilities	140826000
CY2017Q4	us-gaap	Other Assets Miscellaneous OtherAssetsMiscellaneous	80000
CY2017Q4	us-gaap	Participating Mortgage Loans Participation Liabilities Amount ParticipatingMortgageLoansParticipationLiabilitiesAmount	80415000
CY2017Q4	us-gaap	Prepaid Taxes PrepaidTaxes	31000
CY2017Q4	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	798000
CY2017Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-567168000
CY2017Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	32864000
CY2017Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	2917406000
CY2017Q4	us-gaap	Secured Debt Repurchase Agreements SecuredDebtRepurchaseAgreements	5273855000
CY2017Q4	us-gaap	Secured Debt SecuredDebt	38456000
CY2017Q4	us-gaap	Stockholders Equity StockholdersEquity	2911066000
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	Secured Debt Repurchase Agreements Gross SecuredDebtRepurchaseAgreementsGross	5290536000
CY2017Q4	bxmt	Secured Debt Financing Agreements SecuredDebtFinancingAgreements	517088000
CY2017Q4	bxmt	Principal Collateral Of Gross Loan For Asset Specific Financing Agreements PrincipalCollateralOfGrossLoanForAssetSpecificFinancingAgreements	682259000
CY2017Q4	bxmt	Restricted Cash Fair Value Disclosure RestrictedCashFairValueDisclosure	32864000
CY2018Q4	us-gaap	Accounts Payable And Other Accrued Liabilities AccountsPayableAndOtherAccruedLiabilities	4583000
CY2017Q4	bxmt	Secured Debt Repurchase Agreements Face Amount SecuredDebtRepurchaseAgreementsFaceAmount	518864000
CY2017Q4	bxmt	Common Stock Shares Outstanding Including Stock Equivalents CommonStockSharesOutstandingIncludingStockEquivalents	108081077	shares
CY2018Q4	us-gaap	Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax	70400000
CY2017Q4	bxmt	Weighted Average Risk Rating On Loan Exposure WeightedAverageRiskRatingOnLoanExposure	2.7	pure
CY2018Q4	us-gaap	Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax	-104600000
CY2017Q4	bxmt	Percentage Of Portfolio PercentageOfPortfolio	1.00	pure
CY2018Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-34222000
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	Participations Sold Loan Guarantee Value ParticipationsSoldLoanGuaranteeValue	0
CY2017Q4	bxmt	Securitized Debt Obligations Net SecuritizedDebtObligationsNet	1282412000
CY2018Q4	us-gaap	Liabilities Liabilities	11092768000
CY2018Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	14467375000
CY2018Q4	us-gaap	Long Term Debt LongTermDebt	9618981000
CY2018Q4	us-gaap	Assets Assets	14467375000
CY2018Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	105662000
CY2018Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	105662000
CY2018Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies
CY2018Q4	us-gaap	Derivative Assets DerivativeAssets	9916000
CY2018Q4	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	76530000
CY2018Q4	us-gaap	Derivative Liabilities DerivativeLiabilities	2925000
CY2018Q4	us-gaap	Due To Related Parties Current And Noncurrent DueToRelatedPartiesCurrentAndNoncurrent	18586000
CY2018Q4	us-gaap	Held To Maturity Securities HeldToMaturitySecurities	96167000
CY2018Q4	us-gaap	Impaired Financing Receivable Recorded Investment ImpairedFinancingReceivableRecordedInvestment	0
CY2018Q4	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	25588000
CY2018Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	200000000	shares
CY2018Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	123435738	shares
CY2018Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2018Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	123435738	shares
CY2018Q4	us-gaap	Common Stock Value CommonStockValue	1234000
CY2018Q4	us-gaap	Convertible Notes Payable ConvertibleNotesPayable	609911000
CY2018Q4	us-gaap	Interest Receivable InterestReceivable	56679000
CY2018Q4	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	21725000
CY2018Q4	us-gaap	Deferred Income Tax Liabilities DeferredIncomeTaxLiabilities	0
CY2018Q4	us-gaap	Deferred Tax Assets Gross DeferredTaxAssetsGross	0
CY2018Q4	us-gaap	Long Term Debt Maturing In Years Four And Five LongTermDebtMaturingInYearsFourAndFive	5829041000
CY2018Q4	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	647000
CY2018Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-569428000
CY2018Q4	us-gaap	Long Term Debt Maturing In Years Two And Three LongTermDebtMaturingInYearsTwoAndThree	3127661000
CY2018Q4	us-gaap	Prepaid Taxes PrepaidTaxes	6000
CY2018Q4	us-gaap	Minority Interest MinorityInterest	10483000
CY2018Q4	us-gaap	Loans And Leases Receivable Net Of Deferred Income LoansAndLeasesReceivableNetOfDeferredIncome	14191200000
CY2018Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear	265141000
CY2018Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal After Year Five LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive	397138000
CY2018Q4	us-gaap	Other Assets Miscellaneous OtherAssetsMiscellaneous	965000
CY2018Q4	srt	Mortgage Loans On Real Estate Face Amount Of Mortgages MortgageLoansOnRealEstateFaceAmountOfMortgages	14293970000
CY2018Q4	us-gaap	Mortgage Loans On Real Estate MortgageLoansOnRealEstate	14191200000
CY2018Q4	srt	Mortgage Loans On Real Estate Prior Liens1 MortgageLoansOnRealEstatePriorLiens1	446874000
CY2018Q4	us-gaap	Other Assets OtherAssets	170513000
CY2018Q4	us-gaap	Other Liabilities OtherLiabilities	128212000
CY2018Q4	us-gaap	Operating Loss Carryforwards OperatingLossCarryforwards	159000000
CY2018Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2018Q4	us-gaap	Participating Mortgage Loans Participation Liabilities Amount ParticipatingMortgageLoansParticipationLiabilitiesAmount	94418000
CY2018Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2018Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	100000000	shares
CY2018Q4	us-gaap	Variable Interest Entity Consolidated Carrying Amount Liabilities VariableInterestEntityConsolidatedCarryingAmountLiabilities	1300000000
CY2018Q4	bxmt	Secured Debt Repurchase Agreements Gross SecuredDebtRepurchaseAgreementsGross	8996481000
CY2018Q4	bxmt	Principal Collateral Of Gross Loan For Asset Specific Financing Agreements PrincipalCollateralOfGrossLoanForAssetSpecificFinancingAgreements	1923404000
CY2018Q4	bxmt	Book Value Collateral Of Gross Loan For Asset Specific Financing Agreements BookValueCollateralOfGrossLoanForAssetSpecificFinancingAgreements	1912990000
CY2018Q4	bxmt	Debt Instrument Covenant Requirement On Consolidated Tangible Net Worth Minimum DebtInstrumentCovenantRequirementOnConsolidatedTangibleNetWorthMinimum	2500000000
CY2018Q4	bxmt	Loan Portfolio Payments Held By Our Third Party Loan Servicer LoanPortfolioPaymentsHeldByOurThirdPartyLoanServicer	6133000
CY2018Q4	bxmt	Loans Exposure Amount LoansExposureAmount	14740844000
CY2018Q4	bxmt	Loan Exposure Amount Including Non Consolidated Senior Interests LoanExposureAmountIncludingNonConsolidatedSeniorInterests	446900000
CY2018Q4	bxmt	Participations Sold Loan Guarantee Value ParticipationsSoldLoanGuaranteeValue	0
CY2018Q4	bxmt	Securitized Debt Obligations Net SecuritizedDebtObligationsNet	1285471000
CY2018Q4	bxmt	Securitized Debt Obligations Net Face Amount SecuritizedDebtObligationsNetFaceAmount	1292120000
CY2018Q4	bxmt	Tax Basis Of Mortgage Loans TaxBasisOfMortgageLoans	12600000000
CY2018Q4	bxmt	Participating Mortgage Loans Participation Liabilities Principal Amount ParticipatingMortgageLoansParticipationLiabilitiesPrincipalAmount	123745000
CY2018Q4	bxmt	Common Stock Shares Outstanding Including Stock Equivalents CommonStockSharesOutstandingIncludingStockEquivalents	123664577	shares
CY2018Q4	bxmt	Secured Debt Repurchase Agreements Face Amount SecuredDebtRepurchaseAgreementsFaceAmount	1538548000
CY2018Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	3374607000
CY2018Q4	us-gaap	Secured Debt Repurchase Agreements SecuredDebtRepurchaseAgreements	8974756000
CY2018Q4	bxmt	Stock Shares Authorized StockSharesAuthorized	300000000	shares
CY2018Q4	us-gaap	Stockholders Equity StockholdersEquity	3364124000
CY2018Q4	us-gaap	Variable Interest Entity Consolidated Carrying Amount Assets VariableInterestEntityConsolidatedCarryingAmountAssets	1500000000
CY2018Q4	bxmt	Secured Debt Financing Agreements SecuredDebtFinancingAgreements	1532306000
CY2018Q4	bxmt	Nonconsolidated Senior Interests Excluded From Contractual Obligations NonconsolidatedSeniorInterestsExcludedFromContractualObligations	446900000
CY2018Q4	bxmt	Securitized Debt Obligations Excluded From Contractual Obligations SecuritizedDebtObligationsExcludedFromContractualObligations	1300000000
CY2018Q4	bxmt	Loan Participations Sold Excluded From Contractual Obligations LoanParticipationsSoldExcludedFromContractualObligations	94500000
CY2018Q4	bxmt	Percentage Of Loans Open To Repayment By Borrower PercentageOfLoansOpenToRepaymentByBorrower	0.25	pure
CY2019Q1	us-gaap	Dividends Dividends	76500000
CY2017	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	2.48
CY2017	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	2.27
CY2018Q4	bxmt	Subordinate Risk Retention Interest Notional Amount SubordinateRiskRetentionInterestNotionalAmount	99000000
CY2018Q4	bxmt	Subordinate Risk Retention Interest SubordinateRiskRetentionInterest	99000000
CY2018Q4	bxmt	Held To Maturity Securities Face Amount HeldToMaturitySecuritiesFaceAmount	99000000
CY2017	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.35	pure
CY2017	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	5500000
CY2017	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	244127000
CY2017	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	244464000
CY2013Q2	us-gaap	Stock Issued During Period Shares New Issues StockIssuedDuringPeriodSharesNewIssues	25875000	shares
CY2017	us-gaap	Amortization Of Deferred Loan Origination Fees Net AmortizationOfDeferredLoanOriginationFeesNet	38373000
CY2017	us-gaap	Deferred Compensation Arrangement With Individual Shares Issued DeferredCompensationArrangementWithIndividualSharesIssued	28190	shares
CY2017	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	21988000
CY2017	us-gaap	Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition	23584000
CY2017	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	21451000
CY2017	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	337000
CY2018Q4	bxmt	Number Of Benefit Plans Expired NumberOfBenefitPlansExpired	7	Plant
CY2018Q4	bxmt	Number Of Current Benefit Plans NumberOfCurrentBenefitPlans	2	Plant
CY2018Q4	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.62
CY2017	us-gaap	Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet	-831000
CY2018Q4	bxmt	Number Of Benefit Plans NumberOfBenefitPlans	9	Plans
CY2018Q4	bxmt	Loans Outstanding With Unfunded Commitments LoansOutstandingWithUnfundedCommitments	91	Loans
CY2018Q4	bxmt	Weighted Average Risk Rating On Loan Exposure WeightedAverageRiskRatingOnLoanExposure	2.7	pure
CY2018Q4	bxmt	Debt Instrument Covenant Minimum Percentage Of Cash Liquidity On Recourse Indebtedness DebtInstrumentCovenantMinimumPercentageOfCashLiquidityOnRecourseIndebtedness	0.05	pure
CY2018Q4	bxmt	Percentage Of Portfolio PercentageOfPortfolio	1.00	pure
CY2019Q1	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.62
CY2018Q4	bxmt	Percentage Of Loans Subject To Yield Maintenance Lock Out Provisions Other Prepayment Restrictions PercentageOfLoansSubjectToYieldMaintenanceLockOutProvisionsOtherPrepaymentRestrictions	0.75	pure
CY2017	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	303045000
CY2017	us-gaap	Interest Paid Net InterestPaidNet	206966000
CY2017	us-gaap	Noninterest Expense NoninterestExpense	84763000
CY2017	us-gaap	Management Fee Expense ManagementFeeExpense	54841000
CY2017	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	4632000
CY2017	us-gaap	Interest And Dividend Income Operating InterestAndDividendIncomeOperating	537915000
CY2017	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	6479000
CY2017	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-780752000
CY2017	us-gaap	Dividends Common Stock DividendsCommonStock	243262000
CY2017	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	29922000
CY2017	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	218282000
CY2017	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	314000
CY2017	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	296000
CY2017	us-gaap	Interest Expense InterestExpense	234870000
CY2017	bxmt	Core General And Administrative Expenses CoreGeneralAndAdministrativeExpenses	5715000
CY2017	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	574742000
CY2017	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	6162000
CY2017	srt	Mortgage Loans On Real Estate Collections Of Principal MortgageLoansOnRealEstateCollectionsOfPrincipal	2828610000
CY2017	srt	Mortgage Loans On Real Estate Number Of Loans MortgageLoansOnRealEstateNumberOfLoans	110
CY2017	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	227461000
CY2017	us-gaap	Net Income Loss NetIncomeLoss	217631000
CY2017	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	337000
CY2017	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	26496000
CY2017	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax	-21459000
CY2017	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax	47124000
CY2017	us-gaap	Other General And Administrative Expense OtherGeneralAndAdministrativeExpense	176000
CY2017	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	27465000
CY2017	us-gaap	Payments For Participation Liabilities PaymentsForParticipationLiabilities	381310000
CY2017	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	234989000
CY2017	us-gaap	Payments For Proceeds From Loans Receivable PaymentsForProceedsFromLoansReceivable	3598166000
CY2017	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	391558000
CY2017	us-gaap	Proceeds From Loan Originations1 ProceedsFromLoanOriginations1	55441000
CY2017	us-gaap	Proceeds From Minority Shareholders ProceedsFromMinorityShareholders	12165000
CY2017	us-gaap	Proceeds From Convertible Debt ProceedsFromConvertibleDebt	394632000
CY2017	us-gaap	Proceeds From Issuance Of Secured Debt ProceedsFromIssuanceOfSecuredDebt	4306301000
CY2017	us-gaap	Proceeds From Payments To Minority Shareholders ProceedsFromPaymentsToMinorityShareholders	-6162000
CY2017	us-gaap	Professional Fees ProfessionalFees	3812000
CY2017	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	4778194000
CY2017	us-gaap	Proceeds From Sale And Collection Of Loans Receivable ProceedsFromSaleAndCollectionOfLoansReceivable	2780431000
CY2017	us-gaap	Profit Loss ProfitLoss	217968000
CY2017	us-gaap	Restricted Stock Expense RestrictedStockExpense	23593000
CY2017	bxmt	Consolidation Of Securitized Debt Obligations Of Variable Interest Entity ConsolidationOfSecuritizedDebtObligationsOfVariableInterestEntity	-474620000
CY2017	bxmt	Interest Expense Secured Debt InterestExpenseSecuredDebt	8500000
CY2017	bxmt	Dividends Declared And Not Paid DividendsDeclaredAndNotPaid	66888000
CY2017	bxmt	Unrealized Foreign Currency Gain Loss On Mortgage Loans UnrealizedForeignCurrencyGainLossOnMortgageLoans	136646000
CY2017	bxmt	Non Cash And Legacy Compensation Expenses NonCashAndLegacyCompensationExpenses	24031000
CY2017	us-gaap	Share Based Compensation ShareBasedCompensation	24031000
CY2017	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	391568000
CY2017	us-gaap	Stock Issued During Period Shares Restricted Stock Award Net Of Forfeitures StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures	922196	shares
CY2017	us-gaap	Stock Issued During Period Value Dividend Reinvestment Plan StockIssuedDuringPeriodValueDividendReinvestmentPlan	44000
CY2017	bxmt	Loans Originated Acquired And Funded During Period LoansOriginatedAcquiredAndFundedDuringPeriod	4072786000
CY2017	bxmt	Proceeds From Collateral Deposits Related To Derivatives ProceedsFromCollateralDepositsRelatedToDerivatives	16120000
CY2017	bxmt	Payments For Collateral Deposits Related To Derivatives PaymentsForCollateralDepositsRelatedToDerivatives	20161000
CY2017	bxmt	Proceeds From Issuance Of Collateralized Loan Obligations ProceedsFromIssuanceOfCollateralizedLoanObligations	817500000
CY2017	bxmt	Cash Contributions From Joint Venture Partners That Increase Equity CashContributionsFromJointVenturePartnersThatIncreaseEquity	12165000
CY2017	bxmt	Amortization Of Deferred Loan Origination Fee Net AmortizationOfDeferredLoanOriginationFeeNet	38373000
CY2017	bxmt	General And Administrative Operating And Other Costs GeneralAndAdministrativeOperatingAndOtherCosts	1903000
CY2017	bxmt	Proceeds From Derivative Instruments In Investing Activities ProceedsFromDerivativeInstrumentsInInvestingActivities	6453000
CY2017	bxmt	Payments For Derivative Instruments In Investing Activities PaymentsForDerivativeInstrumentsInInvestingActivities	20870000
CY2017	bxmt	Loan Principal Payments Held By Servicer LoanPrincipalPaymentsHeldByServicer	15763000
CY2017	bxmt	Deferred Origination Fees And Expenses DeferredOriginationFeesAndExpenses	55441000
CY2017	bxmt	Consolidation Of Loans Receivable Of Variable Interest Entity ConsolidationOfLoansReceivableOfVariableInterestEntity	500000000
CY2017	us-gaap	Stock Issued During Period Shares New Issues StockIssuedDuringPeriodSharesNewIssues	12421401	shares
CY2017	us-gaap	Stock Issued During Period Value Conversion Of Convertible Securities Net Of Adjustments StockIssuedDuringPeriodValueConversionOfConvertibleSecuritiesNetOfAdjustments	964000
CY2017	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	95963616	shares
CY2017	bxmt	Proceeds From Sale Of Loan Participation ProceedsFromSaleOfLoanParticipation	80706000
CY2017	bxmt	Other Comprehensive Income Realized And Unrealized Gain Loss On Derivatives Arising During Period Before Tax OtherComprehensiveIncomeRealizedAndUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax	-20628000
CY2017	bxmt	Adjustments To Additional Paid In Capital Deferred Compensation AdjustmentsToAdditionalPaidInCapitalDeferredCompensation	438000
CY2017	bxmt	Percentage Of Taxable As Ordinary Dividend PercentageOfTaxableAsOrdinaryDividend	0.9720	pure
CY2017	bxmt	Percentage Of Taxable Dividend PercentageOfTaxableDividend	1.000	pure
CY2018	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
CY2018	us-gaap	Amortization Of Deferred Loan Origination Fees Net AmortizationOfDeferredLoanOriginationFeesNet	47093000
CY2018	dei	Amendment Flag AmendmentFlag	false
CY2018	us-gaap	Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition	27644000
CY2018	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	28097000
CY2017	bxmt	Number Of Loan Participations Sold NumberOfLoanParticipationsSold	1
CY2017	bxmt	Assets Specific Financings Weighted Average Term AssetsSpecificFinancingsWeightedAverageTerm	2020-07
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
CY2017	bxmt	Percentage Of Taxable As Capital Gain Dividends PercentageOfTaxableAsCapitalGainDividends	0.0280	pure
CY2018	dei	Document Type DocumentType	10-K
CY2018	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	-3949000
CY2018	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	735000
CY2018	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	2.48
CY2018	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	280562000
CY2018	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	281297000
CY2018	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2018	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.
CY2018	us-gaap	Deferred Compensation Arrangement With Individual Shares Issued DeferredCompensationArrangementWithIndividualSharesIssued	31622	shares
CY2018	us-gaap	Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet	563000
CY2018	us-gaap	Dividends Payable Date Declared Day Month And Year DividendsPayableDateDeclaredDayMonthAndYear	2018-12-13
CY2018	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	FY
CY2018	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2018
CY2018	us-gaap	Dividends Payable Date Of Record Day Month And Year DividendsPayableDateOfRecordDayMonthAndYear	2018-12-31
CY2018	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	2.50
CY2018	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	35529000
CY2018	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	286121000
CY2018	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	308000
CY2018	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.21	pure
CY2018	dei	Entity Central Index Key EntityCentralIndexKey	0001061630
CY2018	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	Yes
CY2018	us-gaap	Dividend Payable Date To Be Paid Day Month And Year DividendPayableDateToBePaidDayMonthAndYear	2019-01-15
CY2018	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	7093000
CY2018	dei	Entity Registrant Name EntityRegistrantName	BLACKSTONE MORTGAGE TRUST, INC.
CY2018	dei	Entity Shell Company EntityShellCompany	false
CY2018	dei	Entity Small Business EntitySmallBusiness	false
CY2018	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
CY2018	us-gaap	Dividends Common Stock DividendsCommonStock	286873000
CY2018	dei	Document Period End Date DocumentPeriodEndDate	2018-12-31
CY2018	us-gaap	Interest Expense InterestExpense	359625000
CY2018	us-gaap	Interest And Dividend Income Operating InterestAndDividendIncomeOperating	756109000
CY2018	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	396484000
CY2018	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2018	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	23352000
CY2018	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	18383000
CY2018	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	554000
CY2018	us-gaap	Interest Paid Net InterestPaidNet	318919000
CY2018	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.
CY2018	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
CY2018	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
CY2018	us-gaap	Noninterest Expense NoninterestExpense	110363000
CY2018	us-gaap	Management Fee Expense ManagementFeeExpense	74834000
CY2018	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-4251659000
CY2018	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, Europe, and Australia. 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>
CY2018	us-gaap	Operating Loss Carryforwards Expiration Date OperatingLossCarryforwardsExpirationDate	2029-12-31
CY2018	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax	-44317000
CY2018	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	25006000
CY2018	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	3957708000
CY2018	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	5907000
CY2018	srt	Mortgage Loans On Real Estate Collections Of Principal MortgageLoansOnRealEstateCollectionsOfPrincipal	3035383000
CY2018	srt	Mortgage Loans On Real Estate Number Of Loans MortgageLoansOnRealEstateNumberOfLoans	125
CY2018	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	290002000
CY2018	us-gaap	Net Income Loss NetIncomeLoss	285078000
CY2018	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	735000
CY2018	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-4516000
CY2018	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax	40364000
CY2018	us-gaap	Open Tax Year OpenTaxYear	2015 2016 2017 2018
CY2018	us-gaap	Payments To Acquire Held To Maturity Securities PaymentsToAcquireHeldToMaturitySecurities	95937000
CY2018	us-gaap	Payments For Participation Liabilities PaymentsForParticipationLiabilities	85875000
CY2018	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	277260000
CY2018	us-gaap	Payments For Proceeds From Loans Receivable PaymentsForProceedsFromLoansReceivable	7890051000
CY2018	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	476420000
CY2018	us-gaap	Proceeds From Loan Originations1 ProceedsFromLoanOriginations1	104408000
CY2018	us-gaap	Proceeds From Minority Shareholders ProceedsFromMinorityShareholders	9315000
CY2018	us-gaap	Proceeds From Convertible Debt ProceedsFromConvertibleDebt	214775000
CY2018	us-gaap	Proceeds From Issuance Of Secured Debt ProceedsFromIssuanceOfSecuredDebt	9183852000
CY2018	us-gaap	Proceeds From Payments To Minority Shareholders ProceedsFromPaymentsToMinorityShareholders	-5907000
CY2018	us-gaap	Professional Fees ProfessionalFees	4437000
CY2018	us-gaap	Repayments Of Convertible Debt RepaymentsOfConvertibleDebt	219232000
CY2018	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	5413070000
CY2018	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 and debt securities is recognized over the life of each investment using the effective interest method and is recorded on the accrual basis. Recognition of fees, premiums, and discounts associated with these investments is deferred and recorded over the term of the loan or debt security 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>
CY2018	us-gaap	Proceeds From Sale And Collection Of Loans Receivable ProceedsFromSaleAndCollectionOfLoansReceivable	3084747000
CY2018	us-gaap	Profit Loss ProfitLoss	285813000
CY2018	us-gaap	Provision For Loan And Lease Losses ProvisionForLoanAndLeaseLosses	0
CY2018	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 December 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="100%" align="center" border="0"> <tr> <td width="39%"></td> <td valign="bottom" width="6%"></td> <td></td> <td valign="bottom" width="6%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="6%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="6%"></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"; BORDER-BOTTOM: rgb(0,0,0) 1pt solid; MARGIN-TOP: 0pt; DISPLAY: table-cell"> <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" colspan="2" align="center"><b>Guarantee<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" colspan="2" align="center"><b>Margin Call<sup style="FONT-SIZE: 9px; VERTICAL-ALIGN: top">(2)</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"><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"> Goldman Sachs - Multi. JV<sup style="FONT-SIZE: 11px; VERTICAL-ALIGN: top">(3)</sup></p> </td> <td valign="bottom">  </td> <td valign="bottom" nowrap="nowrap" align="center">$</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">25</td> <td valign="bottom" nowrap="nowrap">% </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right"> Collateral marks only</td> <td valign="bottom" nowrap="nowrap"> </td> <td valign="bottom">  </td> <td valign="bottom" align="center">July 12, 2020<sup style="FONT-SIZE: 11px; VERTICAL-ALIGN: top">(4)</sup></td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: "Times New Roman"; break-inside: avoid"> <td valign="top"> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: "Times New Roman"; MARGIN-LEFT: 1em; MARGIN-TOP: 0pt; TEXT-INDENT: -1em"> JP Morgan</p> </td> <td valign="bottom">  </td> <td valign="bottom" align="center">$ / £</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">50</td> <td valign="bottom" nowrap="nowrap">% </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">Collateral marks only</td> <td valign="bottom" nowrap="nowrap"> </td> <td valign="bottom">  </td> <td valign="bottom" align="center">January 7, 2021</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"> Bank of America - Multi. JV<sup style="FONT-SIZE: 11px; VERTICAL-ALIGN: top">(3)</sup></p> </td> <td valign="bottom">  </td> <td valign="bottom" nowrap="nowrap" align="center">$</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">43</td> <td valign="bottom" nowrap="nowrap">% </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">Collateral marks only</td> <td valign="bottom" nowrap="nowrap"> </td> <td valign="bottom">  </td> <td valign="bottom" align="center">July 19, 2021<sup style="FONT-SIZE: 11px; VERTICAL-ALIGN: top">(5)</sup></td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: "Times New Roman"; break-inside: avoid"> <td valign="top"> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: "Times New Roman"; MARGIN-LEFT: 1em; MARGIN-TOP: 0pt; TEXT-INDENT: -1em"> Deutsche Bank</p> </td> <td valign="bottom">  </td> <td valign="bottom" nowrap="nowrap" align="center">$</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">25</td> <td valign="bottom" nowrap="nowrap">% </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">Collateral marks only</td> <td valign="bottom" nowrap="nowrap"> </td> <td valign="bottom">  </td> <td valign="bottom" align="center"> August 9, 2021<sup style="FONT-SIZE: 11px; VERTICAL-ALIGN: top">(6)</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"> Morgan Stanley</p> </td> <td valign="bottom">  </td> <td valign="bottom" align="center"> $ / £ / €</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">25</td> <td valign="bottom" nowrap="nowrap">% </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">Collateral marks only</td> <td valign="bottom" nowrap="nowrap"> </td> <td valign="bottom">  </td> <td valign="bottom" align="center">March 1, 2022</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"> Barclays</p> </td> <td valign="bottom">  </td> <td valign="bottom" nowrap="nowrap" align="center">$</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">25</td> <td valign="bottom" nowrap="nowrap">% </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">Collateral marks only</td> <td valign="bottom" nowrap="nowrap"> </td> <td valign="bottom">  </td> <td valign="bottom" align="center"> March 29, 2023<sup style="FONT-SIZE: 11px; VERTICAL-ALIGN: top">(7)</sup></td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: "Times New Roman"; break-inside: avoid" bgcolor="#CCEEFF"> <td valign="top"> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: "Times New Roman"; MARGIN-LEFT: 1em; MARGIN-TOP: 0pt; TEXT-INDENT: -1em"> MetLife</p> </td> <td valign="bottom">  </td> <td valign="bottom" nowrap="nowrap" align="center">$</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">50</td> <td valign="bottom" nowrap="nowrap">% </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">Collateral marks only</td> <td valign="bottom" nowrap="nowrap"> </td> <td valign="bottom">  </td> <td valign="bottom" align="center"> April 22, 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"> <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="bottom" nowrap="nowrap" align="center">$</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">50</td> <td valign="bottom" nowrap="nowrap">% </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">Collateral marks only</td> <td valign="bottom" nowrap="nowrap"> </td> <td valign="bottom">  </td> <td valign="bottom" align="center">May 21, 2023<sup style="FONT-SIZE: 11px; VERTICAL-ALIGN: top">(9)</sup></td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: "Times New Roman"; break-inside: avoid" bgcolor="#CCEEFF"> <td valign="top"> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: "Times New Roman"; MARGIN-LEFT: 1em; MARGIN-TOP: 0pt; TEXT-INDENT: -1em"> Goldman Sachs</p> </td> <td valign="bottom">  </td> <td valign="bottom" nowrap="nowrap" align="center">$</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">25</td> <td valign="bottom" nowrap="nowrap">% </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">Collateral marks only</td> <td valign="bottom" nowrap="nowrap"> </td> <td valign="bottom">  </td> <td valign="bottom" align="center"> October 22, 2023<sup style="FONT-SIZE: 11px; VERTICAL-ALIGN: top">(10)</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="bottom" align="center"> $ / £ / € / A$</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">25</td> <td valign="bottom" nowrap="nowrap">% </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">Collateral marks only</td> <td valign="bottom" nowrap="nowrap"> </td> <td valign="bottom">  </td> <td valign="bottom" align="center">Term matched<sup style="FONT-SIZE: 11px; VERTICAL-ALIGN: top">(11)</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="bottom" align="center"> $ / £ / €</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">25</td> <td valign="bottom" nowrap="nowrap">% </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">Collateral marks only</td> <td valign="bottom" nowrap="nowrap"> </td> <td valign="bottom">  </td> <td valign="bottom" align="center">Term matched<sup style="FONT-SIZE: 11px; VERTICAL-ALIGN: top">(11)</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"> Wells Fargo</p> </td> <td valign="bottom">  </td> <td valign="bottom" nowrap="nowrap" align="center">$</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">25</td> <td valign="bottom" nowrap="nowrap">% </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">Collateral marks only</td> <td valign="bottom" nowrap="nowrap"> </td> <td valign="bottom">  </td> <td valign="bottom" align="center">Term matched<sup style="FONT-SIZE: 11px; VERTICAL-ALIGN: top">(11)</sup></td> </tr> </table> <p style="MARGIN-BOTTOM: 2pt; FONT-SIZE: medium; FONT-FAMILY: "Times New Roman"; WIDTH: 124px; WHITE-SPACE: normal; WORD-SPACING: 0px; BORDER-BOTTOM: rgb(0,0,0) 1px solid; TEXT-TRANSFORM: none; FONT-WEIGHT: 400; COLOR: rgb(0,0,0); FONT-STYLE: normal; ORPHANS: 2; WIDOWS: 2; MARGIN-TOP: 0pt; LETTER-SPACING: normal; LINE-HEIGHT: 8pt; 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="100%" border="0"> <tr style="break-inside: avoid"> <td valign="top" width="4%" align="left">(1)</td> <td valign="top" align="left"> <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> </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="100%" border="0"> <tr style="break-inside: avoid"> <td valign="top" width="4%" align="left">(2)</td> <td valign="top" align="left"> <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> </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="100%" border="0"> <tr style="break-inside: avoid"> <td valign="top" width="4%" align="left">(3)</td> <td valign="top" align="left"> <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> </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="100%" border="0"> <tr style="break-inside: avoid"> <td valign="top" width="4%" align="left">(4)</td> <td valign="top" align="left"> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: "Times New Roman"; MARGIN-TOP: 0pt" align="justify">Includes a <font style="WHITE-SPACE: nowrap">one-year</font> extension option which may be exercised at our sole discretion.</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="100%" border="0"> <tr style="break-inside: avoid"> <td valign="top" width="4%" align="left">(5)</td> <td valign="top" align="left"> <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> <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="100%" border="0"> <tr style="break-inside: avoid"> <td valign="top" width="4%" align="left">(6)</td> <td valign="top" align="left"> <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> <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="100%" border="0"> <tr style="break-inside: avoid"> <td valign="top" width="4%" align="left">(7)</td> <td valign="top" align="left"> <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> <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="100%" border="0"> <tr style="break-inside: avoid"> <td valign="top" width="4%" align="left">(8)</td> <td valign="top" align="left"> <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> <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="100%" border="0"> <tr style="break-inside: avoid"> <td valign="top" width="4%" align="left">(9)</td> <td valign="top" align="left"> <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> <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="100%" border="0"> <tr style="break-inside: avoid"> <td valign="top" width="4%" align="left">(10)</td> <td valign="top" align="left"> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: "Times New Roman"; MARGIN-TOP: 0pt" align="justify">Includes three <font style="WHITE-SPACE: nowrap">one-year</font> extension options which may be exercised at our sole discretion.</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="100%" border="0"> <tr style="break-inside: avoid"> <td valign="top" width="4%" align="left">(11)</td> <td valign="top" align="left"> <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> </table> <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="100%" align="center" border="0"> <tr> <td></td> <td valign="bottom" width="9%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="9%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="9%"></td> <td></td> <td valign="bottom" width="9%"></td> <td></td> <td valign="bottom" width="9%"></td> <td></td> </tr> <tr style="FONT-SIZE: 8pt; FONT-FAMILY: "Times New Roman"; break-inside: avoid"> <td valign="bottom" nowrap="nowrap" align="center"> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 8pt; FONT-FAMILY: "Times New Roman"; BORDER-BOTTOM: rgb(0,0,0) 1pt solid; MARGIN-TOP: 0pt; DISPLAY: table-cell" align="center"> <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>Potential<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" nowrap="nowrap" align="center"><b>Outstanding<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"><b>Floating Rate Index</b></td> <td valign="bottom">  </td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1pt solid" valign="bottom" align="center"><b>Spread<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>Advance<br /> Rate<sup style="FONT-SIZE: 9px; VERTICAL-ALIGN: top">(3)</sup></b></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="bottom">$</td> <td valign="bottom" align="right">6,591,590</td> <td valign="bottom" nowrap="nowrap"> </td> <td valign="bottom">  </td> <td valign="bottom">$</td> <td valign="bottom" align="right">6,302,207</td> <td valign="bottom" nowrap="nowrap"> </td> <td valign="bottom">  </td> <td valign="bottom" align="center"><font style="WHITE-SPACE: nowrap">        1-month USD LIBOR        </font></td> <td valign="bottom">  </td> <td valign="bottom" align="center">1.73%</td> <td valign="bottom"> </td> <td valign="bottom" align="center">79.3%</td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: "Times New Roman"; break-inside: avoid"> <td valign="top" align="center">£</td> <td valign="bottom">  </td> <td valign="bottom">£</td> <td valign="bottom" align="right">319,690</td> <td valign="bottom" nowrap="nowrap"> </td> <td valign="bottom">  </td> <td valign="bottom">£</td> <td valign="bottom" align="right">319,690</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">1.90%</td> <td valign="bottom"> </td> <td valign="bottom" align="center">79.2%</td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: "Times New Roman"; break-inside: avoid" bgcolor="#CCEEFF"> <td valign="top" align="center">A$</td> <td valign="bottom">  </td> <td valign="bottom">A$</td> <td valign="bottom" align="right">255,270</td> <td valign="bottom" nowrap="nowrap"> </td> <td valign="bottom">  </td> <td valign="bottom">A$</td> <td valign="bottom" align="right">255,270</td> <td valign="bottom" nowrap="nowrap"> </td> <td valign="bottom">  </td> <td valign="bottom" align="center"><font style="WHITE-SPACE: nowrap">3-month</font> BBSY</td> <td valign="bottom">  </td> <td valign="bottom" align="center">1.90%</td> <td valign="bottom"> </td> <td valign="bottom" align="center">78.0%</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="bottom">€</td> <td valign="bottom" align="right">54,796</td> <td valign="bottom" nowrap="nowrap"> </td> <td valign="bottom">  </td> <td valign="bottom">€</td> <td valign="bottom" align="right">12,038</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">2.28%</td> <td valign="bottom"> </td> <td valign="bottom" align="center">80.0%</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"; break-inside: avoid" bgcolor="#CCEEFF"> <td valign="top"></td> <td valign="bottom">  </td> <td valign="bottom">$</td> <td valign="bottom" align="right">7,242,096</td> <td valign="bottom" nowrap="nowrap"> </td> <td valign="bottom">  </td> <td valign="bottom">$</td> <td valign="bottom" align="right">6,903,683</td> <td valign="bottom" nowrap="nowrap"> </td> <td valign="bottom">  </td> <td valign="bottom"></td> <td valign="bottom">  </td> <td valign="bottom" align="center">1.75%</td> <td valign="bottom"> </td> <td valign="bottom" align="center">79.3%</td> </tr> </table> <p style="MARGIN-BOTTOM: 2pt; FONT-SIZE: medium; FONT-FAMILY: "Times New Roman"; WIDTH: 124px; WHITE-SPACE: normal; WORD-SPACING: 0px; BORDER-BOTTOM: rgb(0,0,0) 1px solid; TEXT-TRANSFORM: none; FONT-WEIGHT: 400; COLOR: rgb(0,0,0); FONT-STYLE: normal; ORPHANS: 2; WIDOWS: 2; MARGIN-TOP: 0pt; LETTER-SPACING: normal; LINE-HEIGHT: 8pt; 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="100%" border="0"> <tr style="break-inside: avoid"> <td valign="top" width="4%" align="left">(1)</td> <td valign="top" align="left"> <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> </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="100%" border="0"> <tr style="break-inside: avoid"> <td valign="top" width="4%" align="left">(2)</td> <td valign="top" align="left"> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: "Times New Roman"; MARGIN-TOP: 0pt" align="justify">Represents weighted-average spread over the applicable floating rate index, based on borrowings outstanding.</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="100%" border="0"> <tr style="break-inside: avoid"> <td valign="top" width="4%" align="left">(3)</td> <td valign="top" align="left"> <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 approved outstanding principal balance of the collateral assets pledged.</p> </td> </tr> </table> </div>
CY2018	us-gaap	Restricted Stock Expense RestrictedStockExpense	27654000
CY2018	us-gaap	Share Based Compensation ShareBasedCompensation	28154000
CY2018	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	476430000
CY2018	bxmt	Excise Tax Rate ExciseTaxRate	0.04	pure
CY2018	bxmt	Percentage Of Taxable As Capital Gain Dividends PercentageOfTaxableAsCapitalGainDividends	0.0030	pure
CY2018	bxmt	Debt Instrument Covenant Minimum Percentage Of Tangible Net Worth On Net Cash Proceed Of Equity Issuances DebtInstrumentCovenantMinimumPercentageOfTangibleNetWorthOnNetCashProceedOfEquityIssuances	0.75	pure
CY2018	bxmt	Percentage Of Taxable As Ordinary Dividend PercentageOfTaxableAsOrdinaryDividend	0.9970	pure
CY2018	bxmt	Computed Management Fee Percent Of Average Outstanding Equity Balance ComputedManagementFeePercentOfAverageOutstandingEquityBalance	0.0150	pure
CY2018	bxmt	Incentive Fee Computation Percent Of Product Per Agreement IncentiveFeeComputationPercentOfProductPerAgreement	0.20	pure
CY2018	bxmt	Annual Distribution Of Net Taxable Income Percentage AnnualDistributionOfNetTaxableIncomePercentage	0.90	pure
CY2018	bxmt	Incentive Fee Computation Percent Of Average Outstanding Equity Per Annum IncentiveFeeComputationPercentOfAverageOutstandingEquityPerAnnum	0.0700	pure
CY2016	bxmt	General And Administrative Operating And Other Costs GeneralAndAdministrativeOperatingAndOtherCosts	2147000
CY2016	bxmt	Proceeds From Derivative Instruments In Investing Activities ProceedsFromDerivativeInstrumentsInInvestingActivities	41573000
CY2016	bxmt	Payments For Derivative Instruments In Investing Activities PaymentsForDerivativeInstrumentsInInvestingActivities	14730000
CY2016	bxmt	Loan Principal Payments Held By Servicer LoanPrincipalPaymentsHeldByServicer	670000
CY2016	bxmt	Deferred Origination Fees And Expenses DeferredOriginationFeesAndExpenses	44697000
CY2016	bxmt	Dividends Declared And Not Paid DividendsDeclaredAndNotPaid	58615000
CY2016	bxmt	Unrealized Foreign Currency Gain Loss On Mortgage Loans UnrealizedForeignCurrencyGainLossOnMortgageLoans	-156937000
CY2016	us-gaap	Mortgage Loans On Real Estate Cost Of Mortgages Sold MortgageLoansOnRealEstateCostOfMortgagesSold	23580000
CY2016	bxmt	Core General And Administrative Expenses CoreGeneralAndAdministrativeExpenses	5458000
CY2016	bxmt	Non Cash And Legacy Compensation Expenses NonCashAndLegacyCompensationExpenses	22089000
CY2016	bxmt	Percentage Of Taxable As Capital Gain Dividends PercentageOfTaxableAsCapitalGainDividends	0.0723	pure
CY2016	bxmt	Percentage Of Taxable Dividend PercentageOfTaxableDividend	1.000	pure
CY2016	bxmt	Percentage Of Taxable As Ordinary Dividend PercentageOfTaxableAsOrdinaryDividend	0.9277	pure
CY2017Q1	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.54
CY2017Q1	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	71843000
CY2017Q1	us-gaap	Net Income Loss NetIncomeLoss	51405000
CY2017Q1	us-gaap	Profit Loss ProfitLoss	51405000
CY2018Q1	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.56
CY2018Q1	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	85436000
CY2016	us-gaap	Interest And Dividend Income Operating InterestAndDividendIncomeOperating	497974000
CY2016	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	313704000
CY2016	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-6069000
CY2016	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	-10120000
CY2016	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-699597000
CY2016	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	21286000
CY2018	dei	Trading Symbol TradingSymbol	BXMT
CY2018	us-gaap	Stock Issued During Period Shares Restricted Stock Award Net Of Forfeitures StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures	983447	shares
CY2018	us-gaap	Stock Issued During Period Value Dividend Reinvestment Plan StockIssuedDuringPeriodValueDividendReinvestmentPlan	53000
CY2018	us-gaap	Stock Issued During Period Shares New Issues StockIssuedDuringPeriodSharesNewIssues	14568431	shares
CY2018	us-gaap	Stock Issued During Period Value Conversion Of Convertible Securities StockIssuedDuringPeriodValueConversionOfConvertibleSecurities	-46720000
CY2018	us-gaap	Stock Issued During Period Value Conversion Of Convertible Securities Net Of Adjustments StockIssuedDuringPeriodValueConversionOfConvertibleSecuritiesNetOfAdjustments	1462000
CY2016	srt	Mortgage Loans On Real Estate Collections Of Principal MortgageLoansOnRealEstateCollectionsOfPrincipal	3351042000
CY2016	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	236652000
CY2016	us-gaap	Net Income Loss NetIncomeLoss	238297000
CY2016	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	8143000
CY2016	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-23444000
CY2016	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax	25444000
CY2016	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax	-49686000
CY2018	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" 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>
CY2018	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	113857238	shares
CY2016	us-gaap	Other General And Administrative Expense OtherGeneralAndAdministrativeExpense	169000
CY2018	bxmt	Proceeds From Sale Of Loan Participation ProceedsFromSaleOfLoanParticipation	99696000
CY2016	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	27716000
CY2016	us-gaap	Interest Paid Net InterestPaidNet	164905000
CY2016	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	15350000
CY2016	us-gaap	Payments For Participation Liabilities PaymentsForParticipationLiabilities	136000000
CY2018	bxmt	Other Comprehensive Income Realized And Unrealized Gain Loss On Derivatives Arising During Period Before Tax OtherComprehensiveIncomeRealizedAndUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax	39801000
CY2016	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	232775000
CY2018	bxmt	Adjustments To Additional Paid In Capital Deferred Compensation AdjustmentsToAdditionalPaidInCapitalDeferredCompensation	500000
CY2018	bxmt	Loans Originated Acquired And Funded During Period LoansOriginatedAcquiredAndFundedDuringPeriod	7890051000
CY2018	bxmt	Proceeds From Collateral Deposits Related To Derivatives ProceedsFromCollateralDepositsRelatedToDerivatives	43110000
CY2018	bxmt	Payments For Collateral Deposits Related To Derivatives PaymentsForCollateralDepositsRelatedToDerivatives	38990000
CY2018	bxmt	Cash Contributions From Joint Venture Partners That Increase Equity CashContributionsFromJointVenturePartnersThatIncreaseEquity	9315000
CY2018	bxmt	Amortization Of Deferred Loan Origination Fee Net AmortizationOfDeferredLoanOriginationFeeNet	46864000
CY2018	bxmt	General And Administrative Operating And Other Costs GeneralAndAdministrativeOperatingAndOtherCosts	2938000
CY2018	bxmt	Proceeds From Derivative Instruments In Investing Activities ProceedsFromDerivativeInstrumentsInInvestingActivities	47527000
CY2018	bxmt	Payments For Derivative Instruments In Investing Activities PaymentsForDerivativeInstrumentsInInvestingActivities	18475000
CY2018	bxmt	Expected Loss On Investment ExpectedLossOnInvestment	0
CY2018	bxmt	Loan Principal Payments Held By Servicer LoanPrincipalPaymentsHeldByServicer	4855000
CY2018	bxmt	Deferred Origination Fees And Expenses DeferredOriginationFeesAndExpenses	104408000
CY2018	bxmt	Interest Expense Secured Debt InterestExpenseSecuredDebt	48800000
CY2018	bxmt	Dividends Declared And Not Paid DividendsDeclaredAndNotPaid	76530000
CY2018	bxmt	Unrealized Foreign Currency Gain Loss On Mortgage Loans UnrealizedForeignCurrencyGainLossOnMortgageLoans	-150654000
CY2018	bxmt	Core General And Administrative Expenses CoreGeneralAndAdministrativeExpenses	7375000
CY2018	bxmt	Non Cash And Legacy Compensation Expenses NonCashAndLegacyCompensationExpenses	28154000
CY2018	bxmt	Plan Adoption Date PlanAdoptionDate	2014-03-25
CY2016	us-gaap	Payments For Proceeds From Loans Receivable PaymentsForProceedsFromLoansReceivable	3151882000
CY2016	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	246636000
CY2016	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	3187000
CY2016	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	196000
CY2016	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	286000
CY2016	us-gaap	Interest Expense InterestExpense	184270000
CY2016	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	27000
CY2016	us-gaap	Proceeds From Loan Originations1 ProceedsFromLoanOriginations1	44697000
CY2016	us-gaap	Proceeds From Issuance Of Secured Debt ProceedsFromIssuanceOfSecuredDebt	3185933000
CY2018	bxmt	Percentage Of Taxable Dividend PercentageOfTaxableDividend	1.000	pure
CY2018	bxmt	Loan Contributed To Securitization LoanContributedToSecuritization	512002000
CY2018	bxmt	Percentage Of Yield In Subordinate Risk Retention Interest PercentageOfYieldInSubordinateRiskRetentionInterest	0.100	pure
CY2018	bxmt	Proceeds From Loan Contributed To Securitization ProceedsFromLoanContributedToSecuritization	512002000
CY2016	us-gaap	Amortization Of Deferred Loan Origination Fees Net AmortizationOfDeferredLoanOriginationFeesNet	40345000
CY2018	bxmt	Number Of Directors Eligible For Annual Compensation NumberOfDirectorsEligibleForAnnualCompensation	5	Directors
CY2018	bxmt	Number Of Loan Participations Sold NumberOfLoanParticipationsSold	1
CY2018	bxmt	Assets Specific Financings Weighted Average Term AssetsSpecificFinancingsWeightedAverageTerm	2021-05
CY2018	bxmt	Participations Sold Loan Weighted Average Term ParticipationsSoldLoanWeightedAverageTerm	2022-02
CY2016	us-gaap	Proceeds From Payments To Minority Shareholders ProceedsFromPaymentsToMinorityShareholders	-21070000
CY2016	us-gaap	Professional Fees ProfessionalFees	3311000
CY2016	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	19339000
CY2016	us-gaap	Noninterest Expense NoninterestExpense	83675000
CY2016	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	3534803000
CY2016	us-gaap	Proceeds From Sale And Collection Of Loans Receivable ProceedsFromSaleAndCollectionOfLoansReceivable	3514429000
CY2016	us-gaap	Profit Loss ProfitLoss	246440000
CY2016	us-gaap	Restricted Stock Expense RestrictedStockExpense	19052000
CY2016	us-gaap	Share Based Compensation ShareBasedCompensation	21899000
CY2016	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	8000
CY2016	us-gaap	Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition	19045000
CY2016	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	-28858000
CY2016	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	8143000
CY2016	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	2.48
CY2016	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	214853000
CY2016	us-gaap	Stock Issued During Period Shares Restricted Stock Award Net Of Forfeitures StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures	836867	shares
CY2016	us-gaap	Stock Issued During Period Value Dividend Reinvestment Plan StockIssuedDuringPeriodValueDividendReinvestmentPlan	27000
CY2016	us-gaap	Stock Issued During Period Shares New Issues StockIssuedDuringPeriodSharesNewIssues	1070	shares
CY2016	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	94165351	shares
CY2018	bxmt	Percentage Of Loans Financed By Securitized Debt Obligations Earned Floating Rate Of Interest PercentageOfLoansFinancedBySecuritizedDebtObligationsEarnedFloatingRateOfInterest	0.98	pure
CY2016	bxmt	Proceeds From Sale Of Loan Participation ProceedsFromSaleOfLoanParticipation	54441000
CY2016	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	222996000
CY2016	us-gaap	Deferred Compensation Arrangement With Individual Shares Issued DeferredCompensationArrangementWithIndividualSharesIssued	27506	shares
CY2016	us-gaap	Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet	-798000
CY2016	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	2.53
CY2016	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	-1581000
CY2016	us-gaap	Equity Method Investment Dividends Or Distributions EquityMethodInvestmentDividendsOrDistributions	9977000
CY2016	us-gaap	Dividends Common Stock DividendsCommonStock	233293000
CY2016	us-gaap	Gain Loss On Investments GainLossOnInvestments	13420000
CY2016	bxmt	Other Comprehensive Income Realized And Unrealized Gain Loss On Derivatives Arising During Period Before Tax OtherComprehensiveIncomeRealizedAndUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax	26242000
CY2016	us-gaap	Management Fee Expense ManagementFeeExpense	55959000
CY2016	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	434087000
CY2016	bxmt	Adjustments To Additional Paid In Capital Deferred Compensation AdjustmentsToAdditionalPaidInCapitalDeferredCompensation	375000
CY2016	bxmt	Loans Originated Acquired And Funded During Period LoansOriginatedAcquiredAndFundedDuringPeriod	3151882000
CY2016	bxmt	Amortization Of Deferred Loan Origination Fee Net AmortizationOfDeferredLoanOriginationFeeNet	40345000
CY2018	bxmt	Net Taxable Income Subject To Distribution Percent NetTaxableIncomeSubjectToDistributionPercent	1.00	pure
CY2018Q1	us-gaap	Net Income Loss NetIncomeLoss	60958000
CY2018Q1	us-gaap	Profit Loss ProfitLoss	61116000
CY2017Q2	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.53
CY2017Q2	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	72473000
CY2017Q2	us-gaap	Net Income Loss NetIncomeLoss	50613000
CY2017Q2	us-gaap	Profit Loss ProfitLoss	50613000
CY2018Q2	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.66
CY2018Q2	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	103746000
CY2018Q2	us-gaap	Net Income Loss NetIncomeLoss	72312000
CY2018Q2	us-gaap	Profit Loss ProfitLoss	72507000
CY2017Q3	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.61
CY2017Q3	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	78555000
CY2017Q3	us-gaap	Net Income Loss NetIncomeLoss	57722000
CY2017Q3	us-gaap	Profit Loss ProfitLoss	57810000
CY2018Q3	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.67
CY2018Q3	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	105152000
CY2018Q3	us-gaap	Net Income Loss NetIncomeLoss	78165000
CY2018Q3	us-gaap	Profit Loss ProfitLoss	78293000
CY2017Q4	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.59
CY2017Q4	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	80174000
CY2017Q4	us-gaap	Net Income Loss NetIncomeLoss	57891000
CY2017Q4	us-gaap	Profit Loss ProfitLoss	58140000
CY2018Q4	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.61
CY2018Q4	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	102150000
CY2018Q4	us-gaap	Net Income Loss NetIncomeLoss	73643000
CY2018Q4	us-gaap	Profit Loss ProfitLoss	73896000

Files In Submission

Name	View Source	Status
0001193125-19-035956-index-headers.html	Edgar Link	pending
0001193125-19-035956-index.html	Edgar Link	pending
0001193125-19-035956.txt	Edgar Link	pending
0001193125-19-035956-xbrl.zip	Edgar Link	pending
bxmt-20181231.xml	Edgar Link	completed
bxmt-20181231.xsd	Edgar Link	pending
bxmt-20181231_cal.xml	Edgar Link	unprocessable
bxmt-20181231_def.xml	Edgar Link	unprocessable
bxmt-20181231_lab.xml	Edgar Link	unprocessable
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$BXMT
BLACKSTONE MORTGAGE TRUST, INC. Stock $bxmt

2019 Q1 Form 10-K Financial Statement

#000119312519035956 Filed on February 12, 2019

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$BXMT BLACKSTONE MORTGAGE TRUST, INC. Stock $bxmt

2019 Q1 Form 10-K Financial Statement

#000119312519035956 Filed on February 12, 2019

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$BXMT
BLACKSTONE MORTGAGE TRUST, INC. Stock $bxmt