2020 Q3 Form 10-Q Financial Statement

#000155837020009278 Filed on August 05, 2020

View on sec.gov

Income Statement

Concept 2020 Q3 2020 Q2 2019 Q2
Revenue $267.4M $265.6M $311.2M
YoY Change -7.25% -14.65% 15.44%
Cost Of Revenue $119.1M $124.6M $152.6M
YoY Change -22.36% -18.35% 28.13%
Gross Profit $148.3M $141.0M $158.5M
YoY Change 9.93% -11.04% 5.32%
Gross Profit Margin 55.45% 53.09% 50.93%
Selling, General & Admin $69.00M $62.30M $68.20M
YoY Change -3.23% -8.65% -0.29%
% of Gross Profit 46.53% 44.18% 43.03%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $23.50M $23.20M $28.50M
YoY Change -18.4% -18.6% -21.92%
% of Gross Profit 15.85% 16.45% 17.98%
Operating Expenses $89.20M $96.00M $99.80M
YoY Change -10.44% -3.81% -23.82%
Operating Profit $59.10M $45.00M $58.70M
YoY Change 67.42% -23.34% 201.03%
Interest Expense $95.98M $101.5M $130.1M
YoY Change -22.07% -22.0% 42.07%
% of Operating Profit 162.4% 225.54% 221.68%
Other Income/Expense, Net $121.3M $108.3M $78.27M
YoY Change 1.57% 38.36% -23.91%
Pretax Income $179.6M $151.7M $136.0M
YoY Change 16.22% 11.53% 12.91%
Income Tax $14.84M -$1.298M $3.533M
% Of Pretax Income 8.27% -0.86% 2.6%
Net Earnings $151.8M $139.7M $127.0M
YoY Change 8.15% 9.95% 16.28%
Net Earnings / Revenue 56.78% 52.58% 40.82%
Basic Earnings Per Share $0.53 $0.49 $0.45
Diluted Earnings Per Share $0.52 $0.49 $0.45
COMMON SHARES
Basic Shares Outstanding 284.5M 282.3M
Diluted Shares Outstanding 292.5M shares 291.3M shares 289.1M

Balance Sheet

Concept 2020 Q3 2020 Q2 2019 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.125B $1.100B $1.184B
YoY Change 2.9% -7.1% 403.77%
Cash & Equivalents $379.9M $347.7M $334.3M
Short-Term Investments $745.1M $752.0M $849.6M
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $458.0M $420.0M $395.0M
YoY Change 36.31% 6.33% 36.21%
LONG-TERM ASSETS
Property, Plant & Equipment $2.208B $2.224B $2.772B
YoY Change -19.12% -19.77% -5.62%
Goodwill $259.8M $259.8M $259.8M
YoY Change 0.0% 0.0%
Intangibles $74.14M $76.29M $129.5M
YoY Change -38.19% -41.08%
Long-Term Investments $58.52M $57.49M $100.2M
YoY Change -42.12% -42.63% -85.33%
Other Assets $131.0M $176.0M $182.0M
YoY Change 18.02% -3.3% 102.22%
Total Long-Term Assets $80.16B $79.14B $72.55B
YoY Change 8.18% 9.07% 20.3%
TOTAL ASSETS
Total Short-Term Assets $458.0M $420.0M $395.0M
Total Long-Term Assets $80.16B $79.14B $72.55B
Total Assets $80.62B $79.56B $72.95B
YoY Change 8.31% 9.06% 20.37%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $201.0M $212.0M $221.0M
YoY Change -14.1% -4.07% 16.32%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $80.00M $0.00 $98.00M
YoY Change 50.94% -100.0% -58.3%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $441.0M $372.0M $477.0M
YoY Change -1.78% -22.01% -17.33%
LONG-TERM LIABILITIES
Long-Term Debt $12.40B $11.70B $11.11B
YoY Change 12.23% 5.27% 33.7%
Other Long-Term Liabilities $62.89B $62.62B $56.46B
YoY Change 8.39% 10.92% 20.09%
Total Long-Term Liabilities $75.29B $74.32B $67.57B
YoY Change 9.0% 9.99% 22.13%
TOTAL LIABILITIES
Total Short-Term Liabilities $441.0M $372.0M $477.0M
Total Long-Term Liabilities $75.29B $74.32B $67.57B
Total Liabilities $75.73B $74.69B $68.04B
YoY Change 8.93% 9.77% 21.17%
SHAREHOLDERS EQUITY
Retained Earnings -$599.0M -$614.1M -$421.9M
YoY Change 43.47% 45.57%
Common Stock $5.204B $5.196B $5.107B
YoY Change 1.54% 1.76%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $4.514B $4.492B $4.638B
YoY Change
Total Liabilities & Shareholders Equity $80.62B $79.56B $72.95B
YoY Change 8.31% 9.06% 20.37%

Cashflow Statement

Concept 2020 Q3 2020 Q2 2019 Q2
OPERATING ACTIVITIES
Net Income $151.8M $139.7M $127.0M
YoY Change 8.15% 9.95% 16.28%
Depreciation, Depletion And Amortization $23.50M $23.20M $28.50M
YoY Change -18.4% -18.6% -21.92%
Cash From Operating Activities -$243.6M $579.0M -$390.2M
YoY Change 180.32% -248.39% 62.52%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities -$329.2M $213.4M $430.4M
YoY Change -266.85% -50.42% -210.99%
Cash From Investing Activities -$329.2M $213.4M $430.4M
YoY Change -266.85% -50.42% -210.99%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 559.5M -1.200B -69.70M
YoY Change -343.37% 1620.95% -112.13%
NET CHANGE
Cash From Operating Activities -243.6M 579.0M -390.2M
Cash From Investing Activities -329.2M 213.4M 430.4M
Cash From Financing Activities 559.5M -1.200B -69.70M
Net Change In Cash -13.30M -407.1M -29.50M
YoY Change -88.87% 1280.0% -44.55%
FREE CASH FLOW
Cash From Operating Activities -$243.6M $579.0M -$390.2M
Capital Expenditures
Free Cash Flow
YoY Change

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GainLossOnMortgageLoansHeldForSale
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stwd Gain Loss On Mortgage Loans Held For Sale
GainLossOnMortgageLoansHeldForSale
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CY2019Q2 stwd Gain Loss On Sale Of Investments Net
GainLossOnSaleOfInvestmentsNet
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stwd Gain Loss On Sale Of Investments Net
GainLossOnSaleOfInvestmentsNet
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stwd Gain Loss On Sale Of Investments Net
GainLossOnSaleOfInvestmentsNet
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us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
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us-gaap Foreign Currency Transaction Gain Loss Before Tax
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CY2019Q2 us-gaap Nonoperating Income Expense
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us-gaap Nonoperating Income Expense
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CY2020Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2019Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2020Q2 us-gaap Income Tax Expense Benefit
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CY2019Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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ProfitLoss
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CY2019Q2 us-gaap Profit Loss
ProfitLoss
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us-gaap Profit Loss
ProfitLoss
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us-gaap Profit Loss
ProfitLoss
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CY2020Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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CY2019Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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us-gaap Net Income Loss Attributable To Noncontrolling Interest
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CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
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CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Net Income Loss
NetIncomeLoss
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EarningsPerShareBasic
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us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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EarningsPerShareDiluted
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EarningsPerShareDiluted
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us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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ProfitLoss
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CY2019Q2 us-gaap Profit Loss
ProfitLoss
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us-gaap Profit Loss
ProfitLoss
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us-gaap Profit Loss
ProfitLoss
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CY2020Q2 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
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CY2019Q2 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
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us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
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us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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CY2020Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
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CY2019Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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us-gaap Other Comprehensive Income Loss Net Of Tax
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us-gaap Other Comprehensive Income Loss Net Of Tax
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CY2020Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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CY2020Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
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CY2020Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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CY2019Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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CY2020Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2020Q2 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
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CY2020Q2 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
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CY2020Q2 us-gaap Stock Issued During Period Value Issued For Services
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CY2020Q2 us-gaap Profit Loss
ProfitLoss
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CY2020Q2 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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CY2020Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2019Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2019Q2 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
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CY2019Q2 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
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CY2019Q2 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
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CY2019Q2 us-gaap Profit Loss
ProfitLoss
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OtherComprehensiveIncomeLossNetOfTax
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CY2019Q2 stwd Noncontrolling Interests Increase Decrease From Variable Interest Entity
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CY2019Q2 us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
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CY2019Q2 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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CY2019Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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CY2020Q2 us-gaap Cumulative Effect Of New Accounting Principle In Period Of Adoption
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us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
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us-gaap Treasury Stock Value Acquired Cost Method
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us-gaap Stock Issued During Period Value Share Based Compensation
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ProfitLoss
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us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
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us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
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StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
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us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
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us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
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us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
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us-gaap Profit Loss
ProfitLoss
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us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
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us-gaap Dividends Common Stock
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OtherComprehensiveIncomeLossNetOfTax
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NoncontrollingInterestsIncreaseDecreaseFromVariableInterestEntity
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us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
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us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
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CY2019Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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us-gaap Profit Loss
ProfitLoss
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us-gaap Profit Loss
ProfitLoss
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us-gaap Amortization Of Deferred Charges
AmortizationOfDeferredCharges
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us-gaap Amortization Of Deferred Charges
AmortizationOfDeferredCharges
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us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
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us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
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us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
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us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
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stwd Accretion Of Net Deferred Loan Fees And Discounts
AccretionOfNetDeferredLoanFeesAndDiscounts
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stwd Accretion Of Net Deferred Loan Fees And Discounts
AccretionOfNetDeferredLoanFeesAndDiscounts
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stwd Share Based Compensation And Nonemployee Services Transaction Expense
ShareBasedCompensationAndNonemployeeServicesTransactionExpense
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stwd Share Based Compensation And Nonemployee Services Transaction Expense
ShareBasedCompensationAndNonemployeeServicesTransactionExpense
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stwd Incentive Fee Compensation
IncentiveFeeCompensation
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stwd Incentive Fee Compensation
IncentiveFeeCompensation
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us-gaap Marketable Securities Unrealized Gain Loss Excluding Other Than Temporary Impairments
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us-gaap Marketable Securities Unrealized Gain Loss Excluding Other Than Temporary Impairments
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stwd Change In Fair Value Of Consolidated Variable Interest Entity
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ChangeInFairValueOfConsolidatedVariableInterestEntity
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stwd Change In Fair Value Of Servicing Rights
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stwd Change In Fair Value Of Servicing Rights
ChangeInFairValueOfServicingRights
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stwd Gain Loss On Mortgage Loans Held For Sale
GainLossOnMortgageLoansHeldForSale
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stwd Gain Loss On Mortgage Loans Held For Sale
GainLossOnMortgageLoansHeldForSale
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us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
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us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
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stwd Foreign Currency Transaction Gain Loss Before Tax Cash Flow Impact
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stwd Foreign Currency Transaction Gain Loss Before Tax Cash Flow Impact
ForeignCurrencyTransactionGainLossBeforeTaxCashFlowImpact
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stwd Gain On Sale Of Investments Cash Flow
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stwd Gain On Sale Of Investments Cash Flow
GainOnSaleOfInvestmentsCashFlow
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stwd Lease Intangibles And Other Assets Impairment Charges
LeaseIntangiblesAndOtherAssetsImpairmentCharges
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stwd Provision For Loan Losses Net
ProvisionForLoanLossesNet
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stwd Provision For Loan Losses Net
ProvisionForLoanLossesNet
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stwd Depreciation And Amortization Excluding Amortization Of Above Below Market Leases
DepreciationAndAmortizationExcludingAmortizationOfAboveBelowMarketLeases
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stwd Depreciation And Amortization Excluding Amortization Of Above Below Market Leases
DepreciationAndAmortizationExcludingAmortizationOfAboveBelowMarketLeases
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us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
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us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
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us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
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us-gaap Equity Method Investment Dividends Or Distributions
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us-gaap Gains Losses On Extinguishment Of Debt
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us-gaap Payments For Origination Of Mortgage Loans Held For Sale
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us-gaap Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
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us-gaap Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
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us-gaap Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
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us-gaap Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
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IncreaseDecreaseInOtherOperatingAssets
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us-gaap Increase Decrease In Accounts Payable And Other Operating Liabilities
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us-gaap Payments To Acquire Loans Held For Investment
PaymentsToAcquireLoansHeldForInvestment
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us-gaap Payments To Acquire Loans Held For Investment
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us-gaap Proceeds From Loan And Lease Originations And Principal Collections1
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us-gaap Proceeds From Sale Of Loans Held For Investment
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us-gaap Proceeds From Sale Of Loans Held For Investment
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stwd Proceeds From Sales Of Investment Securities
ProceedsFromSalesOfInvestmentSecurities
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stwd Proceeds From Principal Collections On Investment Securities
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ProceedsFromPrincipalCollectionsOnInvestmentSecurities
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us-gaap Proceeds From Sale Of Other Real Estate
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us-gaap Payments To Acquire Other Productive Assets
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us-gaap Payments To Acquire Other Productive Assets
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us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
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us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
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us-gaap Payments For Derivative Instrument Investing Activities
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us-gaap Payments For Derivative Instrument Investing Activities
PaymentsForDerivativeInstrumentInvestingActivities
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us-gaap Proceeds From Derivative Instrument Investing Activities
ProceedsFromDerivativeInstrumentInvestingActivities
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us-gaap Proceeds From Derivative Instrument Investing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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us-gaap Proceeds From Issuance Of Long Term Debt
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us-gaap Proceeds From Issuance Of Long Term Debt
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us-gaap Repayments Of Long Term Debt
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us-gaap Repayments Of Long Term Debt
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us-gaap Payments Of Financing Costs
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us-gaap Proceeds From Issuance Of Common Stock
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us-gaap Payments Of Stock Issuance Costs
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us-gaap Payments Of Dividends Common Stock
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us-gaap Payments Of Dividends Common Stock
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us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
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us-gaap Proceeds From Minority Shareholders
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us-gaap Payments To Minority Shareholders
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us-gaap Payments To Minority Shareholders
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us-gaap Payments For Repurchase Of Common Stock
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stwd Proceeds From Issuance Of Debt Of Consolidated Variable Interest Entities
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stwd Proceeds From Issuance Of Debt Of Consolidated Variable Interest Entities
ProceedsFromIssuanceOfDebtOfConsolidatedVariableInterestEntities
100224000
stwd Repayments Of Debt Of Consolidated Variable Interest Entities
RepaymentsOfDebtOfConsolidatedVariableInterestEntities
236336000
stwd Repayments Of Debt Of Consolidated Variable Interest Entities
RepaymentsOfDebtOfConsolidatedVariableInterestEntities
91808000
us-gaap Proceeds From Contributions From Affiliates
ProceedsFromContributionsFromAffiliates
36989000
us-gaap Proceeds From Contributions From Affiliates
ProceedsFromContributionsFromAffiliates
21411000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-579369000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
311020000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-50387000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
28938000
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
574031000
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
487865000
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
487000
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-605000
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
524131000
CY2019Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
516198000
us-gaap Interest Paid Net
InterestPaidNet
202648000
us-gaap Interest Paid Net
InterestPaidNet
252392000
us-gaap Income Taxes Paid
IncomeTaxesPaid
657000
us-gaap Income Taxes Paid
IncomeTaxesPaid
7270000
CY2020Q2 stwd Dividendspayablecurrentandnoncurrentdividendsdeclaredduringperiod
Dividendspayablecurrentandnoncurrentdividendsdeclaredduringperiod
137242000
CY2019Q2 stwd Dividendspayablecurrentandnoncurrentdividendsdeclaredduringperiod
Dividendspayablecurrentandnoncurrentdividendsdeclaredduringperiod
135615000
stwd Variable Interest Entity Consolidation In Non Cash Investing And Financing Activities
VariableInterestEntityConsolidationInNonCashInvestingAndFinancingActivities
3077357000
stwd Variable Interest Entity Consolidation In Non Cash Investing And Financing Activities
VariableInterestEntityConsolidationInNonCashInvestingAndFinancingActivities
4104135000
stwd Variable Interest Entity Deconsolidation In Non Cash Investing And Financing Activities
VariableInterestEntityDeconsolidationInNonCashInvestingAndFinancingActivities
303827000
us-gaap Transfer Of Portfolio Loans And Leases To Held For Sale1
TransferOfPortfolioLoansAndLeasesToHeldForSale1
422691000
stwd Loan Principal Collections Temporarily Held At Master Servicer
LoanPrincipalCollectionsTemporarilyHeldAtMasterServicer
12274000
stwd Redemption Of Units For Common Stock Value
RedemptionOfUnitsForCommonStockValue
8538000
stwd Redemption Of Units For Common Stock Value
RedemptionOfUnitsForCommonStockValue
16373000
us-gaap Notes Reduction
NotesReduction
75525000
stwd Settlement Of Loans Transferred As Secured Borrowings
SettlementOfLoansTransferredAsSecuredBorrowings
74692000
stwd Net Assets Acquired Through Foreclosure
NetAssetsAcquiredThroughForeclosure
27416000
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
7092000
us-gaap Nature Of Operations
NatureOfOperations
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><b style="font-weight:bold;">1. Business and Organizatio</b><b style="font-weight:bold;">n</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><span style="visibility:hidden;">​</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:0pt;">Starwood Property Trust, Inc. (“STWD” and, together with its subsidiaries, “we” or the “Company”) is a Maryland corporation that commenced operations in August 2009, upon the completion of our initial public offering. We are focused primarily on originating, acquiring, financing and managing mortgage loans and other real estate investments in both the United States (“U.S.”) and Europe. As market conditions change over time, we may adjust our strategy to take advantage of changes in interest rates and credit spreads as well as economic and credit conditions.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:0pt;"><span style="visibility:hidden;">​</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:0pt;">We have four reportable business segments as of June 30, 2020 and we refer to the investments within these segments as our target assets:</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:0pt;"><span style="visibility:hidden;">​</span></p><table style="border-collapse:collapse;font-family:'Times New Roman','Times','serif';font-size:10pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:36pt;"/><td style="font-family:'Times New Roman';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">●</td><td style="padding:0pt;"><span style="color:#000000;font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">Real estate commercial and residential lending (the “Commercial and Residential Lending Segment”)—engages primarily in originating, acquiring, financing and managing commercial first mortgages, non-agency residential mortgages (“residential loans”), subordinated mortgages, mezzanine loans, preferred equity, commercial mortgage-backed securities (“CMBS”), residential mortgage-backed securities (“RMBS”) and other real estate and real estate-related debt investments in both the U.S. and Europe (including distressed or non-performing loans). Our residential mortgage loans are secured by a first mortgage lien on residential property and consist of non-agency residential mortgage loans that are not guaranteed by any U.S. Government agency or federally chartered corporation.</span></td></tr></table><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">​</span></p><table style="border-collapse:collapse;font-family:'Times New Roman','Times','serif';font-size:10pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:36pt;"/><td style="font-family:'Times New Roman';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">●</td><td style="padding:0pt;"><span style="color:#000000;font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">Infrastructure lending (the “Infrastructure Lending Segment”)—engages primarily in originating, acquiring, financing and managing infrastructure debt investments. </span></td></tr></table><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">​</span></p><table style="border-collapse:collapse;font-family:'Times New Roman','Times','serif';font-size:10pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:36pt;"/><td style="font-family:'Times New Roman';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">●</td><td style="padding:0pt;"><span style="color:#000000;font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">Real estate property (the “Property Segment”)—engages primarily in acquiring and managing equity interests in stabilized commercial real estate properties, including multifamily properties and commercial properties subject to net leases, that are held for investment. </span></td></tr></table><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">​</span></p><table style="border-collapse:collapse;font-family:'Times New Roman','Times','serif';font-size:10pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:36pt;"/><td style="font-family:'Times New Roman';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">●</td><td style="padding:0pt;"><span style="color:#000000;font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">Real estate investing and servicing (the “Investing and Servicing Segment”)—includes (i) a servicing business in the U.S. that manages and works out problem assets, (ii) an investment business that selectively acquires and manages unrated, investment grade and non-investment grade rated CMBS, including subordinated interests of securitization and resecuritization transactions, (iii) a mortgage loan business which originates conduit loans for the primary purpose of selling these loans into securitization transactions and (iv) an investment business that selectively acquires commercial real estate assets, including properties acquired from CMBS trusts. </span></td></tr></table><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">​</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:0pt;">Our segments exclude the consolidation of securitization variable interest entities (“VIEs”).</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:0pt;"><span style="visibility:hidden;">​</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:0pt;">We are organized and conduct our operations to qualify as a real estate investment trust (“REIT”) under the Internal Revenue Code of 1986, as amended (the “Code”). As such, we will generally not be subject to U.S. federal corporate income tax on that portion of our net income that is distributed to stockholders if we distribute at least 90% of our taxable income to our stockholders by prescribed dates and comply with various other requirements.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">​</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:0pt;">We are organized as a holding company and conduct our business primarily through our various wholly-owned subsidiaries. We are externally managed and advised by SPT Management, LLC (our “Manager”) pursuant to the terms of a management agreement. Our Manager is controlled by Barry Sternlicht, our Chairman and Chief Executive Officer. Our Manager is an affiliate of Starwood Capital Group, a privately-held private equity firm founded by Mr. Sternlicht.</p>
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
4
stwd Percentage Of Annual Reit Taxable Income Distributable To Stockholders Minimum
PercentageOfAnnualREITTaxableIncomeDistributableToStockholdersMinimum
0.90
CY2020Q2 stwd Mortgage Loans On Real Estate Principal Amount Of Mortgages
MortgageLoansOnRealEstatePrincipalAmountOfMortgages
11234091000
CY2020Q2 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
111397000
CY2020Q2 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
11092561000
CY2019Q4 stwd Mortgage Loans On Real Estate Gross Carrying Amount Of Mortgages
MortgageLoansOnRealEstateGrossCarryingAmountOfMortgages
11503835000
CY2020Q2 stwd Reo Assets As Percent Of Consolidated Vie Assets
ReoAssetsAsPercentOfConsolidatedVieAssets
0.01
CY2020Q2 stwd Loans As Percent Of Consolidated Vie Assets
LoansAsPercentOfConsolidatedVieAssets
0.99
CY2020Q2 stwd Permitted Reinvestment Under Static Investment In Variable Interest Entity
PermittedReinvestmentUnderStaticInvestmentInVariableInterestEntity
0
us-gaap Use Of Estimates
UseOfEstimates
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="font-style:italic;font-weight:bold;">Use of Estimates</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">​</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:0pt;">The preparation of 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 at the date of the financial statements, as well as the reported amounts of revenues and expenses during the reporting periods. The most significant and subjective estimate that we make is the projection of cash flows we expect to receive on our investments, which has a significant impact on the amount of income that we record and/or disclose. In addition, the fair value of financial assets and liabilities that are estimated using a discounted cash flows method is significantly impacted by the rates at which we estimate market participants would discount the expected cash flows.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:0pt;"><span style="visibility:hidden;">​</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:0pt;"><span style="white-space:pre-wrap;">In December 2019, a novel strain of coronavirus (“COVID-19”) was reported to have surfaced in Wuhan, China. COVID-19 has since spread to over 200 countries and territories, including every state in the U.S and in cities and regions where our corporate headquarters and/or properties that secure our investments, or properties that we own, are located, and is continuing to spread. On March </span><span style="white-space:pre-wrap;">11, 2020, the World Health Organization declared COVID-19 a pandemic, and since then, numerous countries, including the U.S., have declared national emergencies with respect to COVID-19 and have instituted “stay-at-home” guidelines or orders to help prevent its spread. Such actions are creating disruption in global supply chains, increasing rates of unemployment and adversely impacting many industries. The outbreak could have a continued adverse impact on economic and market conditions and trigger a period of global economic slowdown. The rapid development and fluidity of this situation precludes any prediction as to the ultimate adverse impact of COVID-19 on economic and market conditions. We believe the estimates and assumptions underlying </span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="white-space:pre-wrap;">our consolidated financial statements are reasonable and supportable based on the information available as of June </span><span style="white-space:pre-wrap;">30, 2020. However, uncertainty over the ultimate impact COVID-19 will have on the global economy generally, and our business in particular, makes any estimates and assumptions as of June 30, 2020 inherently less certain than they would be absent the current and potential impacts of COVID-19. Actual results may ultimately differ from those estimates.</span></p>
CY2020Q2 stwd Mortgage Loans On Real Estate Gross Carrying Amount Of Mortgages
MortgageLoansOnRealEstateGrossCarryingAmountOfMortgages
11203958000
CY2019Q4 stwd Mortgage Loans On Real Estate Principal Amount Of Mortgages
MortgageLoansOnRealEstatePrincipalAmountOfMortgages
11530915000
CY2019Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
33611000
CY2019Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
11470224000
CY2020Q2 us-gaap Loans Receivable With Variable Rates Of Interest1
LoansReceivableWithVariableRatesOfInterest1
9670653000
CY2020Q2 us-gaap Loans Receivable Basis Spread On Variable Rate
LoansReceivableBasisSpreadOnVariableRate
0.041
stwd Period Covered In Data Base
PeriodCoveredInDataBase
P20Y
CY2020Q2 stwd Mortgage Loans On Real Estate Gross Carrying Amount Of Mortgages
MortgageLoansOnRealEstateGrossCarryingAmountOfMortgages
11203958000
CY2020Q2 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
111397000
stwd Number Of Subordinated Mortgages
NumberOfSubordinatedMortgages
2
CY2019Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
11470224000
us-gaap Mortgage Loans On Real Estate New Mortgage Loans
MortgageLoansOnRealEstateNewMortgageLoans
2453763000
stwd Mortgage Loans On Real Estate Capitalized Interest
MortgageLoansOnRealEstateCapitalizedInterest
70346000
us-gaap Mortgage Loans On Real Estate Cost Of Mortgages Sold
MortgageLoansOnRealEstateCostOfMortgagesSold
1776594000
srt Mortgage Loans On Real Estate Collections Of Principal
MortgageLoansOnRealEstateCollectionsOfPrincipal
1008303000
stwd Mortgage Loans On Real Estate Discount Accretion And Premium Amortization
MortgageLoansOnRealEstateDiscountAccretionAndPremiumAmortization
20840000
stwd Gain Loss On Mortgage Loans Held For Sale
GainLossOnMortgageLoansHeldForSale
18316000
stwd Mortgage Loans On Real Estate Unrealized Foreign Currency Remeasurement Gain Loss
MortgageLoansOnRealEstateUnrealizedForeignCurrencyRemeasurementGainLoss
78174000
us-gaap Allowance For Loan And Lease Losses Period Increase Decrease
AllowanceForLoanAndLeaseLossesPeriodIncreaseDecrease
57417000
CY2020Q2 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
11092561000
CY2018Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
9794254000
us-gaap Mortgage Loans On Real Estate New Mortgage Loans
MortgageLoansOnRealEstateNewMortgageLoans
3704727000
stwd Mortgage Loans On Real Estate Capitalized Interest
MortgageLoansOnRealEstateCapitalizedInterest
52405000
us-gaap Mortgage Loans On Real Estate Cost Of Mortgages Sold
MortgageLoansOnRealEstateCostOfMortgagesSold
1767387000
srt Mortgage Loans On Real Estate Collections Of Principal
MortgageLoansOnRealEstateCollectionsOfPrincipal
1447593000
stwd Mortgage Loans On Real Estate Discount Accretion And Premium Amortization
MortgageLoansOnRealEstateDiscountAccretionAndPremiumAmortization
16112000
stwd Gain Loss On Mortgage Loans Held For Sale
GainLossOnMortgageLoansHeldForSale
33157000
stwd Mortgage Loans On Real Estate Unrealized Foreign Currency Remeasurement Gain Loss
MortgageLoansOnRealEstateUnrealizedForeignCurrencyRemeasurementGainLoss
3903000
us-gaap Allowance For Loan And Lease Losses Period Increase Decrease
AllowanceForLoanAndLeaseLossesPeriodIncreaseDecrease
3281000
stwd Mortgage Loans On Real Estate Write Off Of Capitalized Cost
MortgageLoansOnRealEstateWriteOffOfCapitalizedCost
27303000
stwd Mortgage Loans On Real Estate Transfers
MortgageLoansOnRealEstateTransfers
-73000
CY2019Q2 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
10351115000
CY2019Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3533000
CY2020Q2 us-gaap Marketable Securities
MarketableSecurities
752025000
CY2019Q4 us-gaap Marketable Securities
MarketableSecurities
810238000
CY2020Q2 stwd Purchase Of Marketable Securities
PurchaseOfMarketableSecurities
10391000
CY2020Q2 stwd Proceeds From Principal Collections On Investment Securities
ProceedsFromPrincipalCollectionsOnInvestmentSecurities
36920000
CY2019Q2 stwd Sale Of Marketable Securities
SaleOfMarketableSecurities
750000
CY2019Q2 stwd Proceeds From Principal Collections On Investment Securities
ProceedsFromPrincipalCollectionsOnInvestmentSecurities
65281000
stwd Purchase Of Marketable Securities
PurchaseOfMarketableSecurities
16120000
stwd Sale Of Marketable Securities
SaleOfMarketableSecurities
7940000
stwd Proceeds From Principal Collections On Investment Securities
ProceedsFromPrincipalCollectionsOnInvestmentSecurities
50479000
stwd Sale Of Marketable Securities
SaleOfMarketableSecurities
3978000
stwd Proceeds From Principal Collections On Investment Securities
ProceedsFromPrincipalCollectionsOnInvestmentSecurities
73035000
CY2020Q2 stwd Number Of Securities With Unrealized Losses
NumberOfSecuritiesWithUnrealizedLosses
3
CY2019Q4 stwd Number Of Securities With Unrealized Losses
NumberOfSecuritiesWithUnrealizedLosses
1
CY2020Q2 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
551314000
CY2020Q2 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAllowanceForCreditLoss
6891000
CY2020Q2 stwd Debt Securities Held To Maturity Net
DebtSecuritiesHeldToMaturityNet
544423000
CY2020Q2 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Gain
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
174000
CY2020Q2 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
32104000
CY2020Q2 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
512493000
CY2019Q4 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
570638000
CY2019Q4 stwd Debt Securities Held To Maturity Net
DebtSecuritiesHeldToMaturityNet
570638000
CY2019Q4 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Gain
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
2094000
CY2019Q4 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
4005000
CY2019Q4 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
568727000
us-gaap Debt Securities Held To Maturity Allowance For Credit Loss Purchased With Credit Deterioration Increase
DebtSecuritiesHeldToMaturityAllowanceForCreditLossPurchasedWithCreditDeteriorationIncrease
2761000
CY2020Q2 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAllowanceForCreditLoss
6891000
CY2020Q2 us-gaap Held To Maturity Securities Debt Maturities Within One Year Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount
37910000
CY2020Q2 stwd Held To Maturity Securities Debt Maturities After One Through Three Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughThreeYearsNetCarryingAmount
454284000
CY2020Q2 stwd Held To Maturity Securities Debt Maturities After Three Through Five Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterThreeThroughFiveYearsNetCarryingAmount
14573000
CY2020Q2 stwd Held To Maturity Securities Debt Maturities After Five Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterFiveYearsNetCarryingAmount
37656000
CY2020Q2 stwd Debt Securities Held To Maturity Net
DebtSecuritiesHeldToMaturityNet
544423000
stwd Investment In Equity Securities Percentage Ownership
InvestmentInEquitySecuritiesPercentageOwnership
0.02
CY2020Q2 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
2485429000
CY2019Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
2490630000
CY2020Q2 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
261106000
CY2019Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
224190000
CY2020Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
9653000
CY2020Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
7871000
CY2020Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
6115000
CY2020Q2 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
2224323000
CY2019Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
2266440000
CY2020Q2 us-gaap Equity Method Investments
EquityMethodInvestments
57485000
CY2019Q4 us-gaap Equity Method Investments
EquityMethodInvestments
57583000
CY2020Q2 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
47428000
CY2019Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
26746000
CY2020Q2 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
104913000
CY2019Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
84329000
CY2020Q2 stwd Number Of Publicly Traded Investments
NumberOfPubliclyTradedInvestments
0
CY2020Q2 stwd Equity Method Investment Ownership Percentage Sold
EquityMethodInvestmentOwnershipPercentageSold
0.37
CY2020Q2 us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
10300000
CY2020Q2 us-gaap Equity Securities Fv Ni Realized Gain Loss
EquitySecuritiesFvNiRealizedGainLoss
10300000
us-gaap Equity Securities Fv Ni Realized Gain Loss
EquitySecuritiesFvNiRealizedGainLoss
17600000
CY2020Q2 us-gaap Equity Method Investment Difference Between Carrying Amount And Underlying Equity
EquityMethodInvestmentDifferenceBetweenCarryingAmountAndUnderlyingEquity
0
CY2020Q2 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
171387000
CY2020Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
95094000
CY2020Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
76293000
CY2019Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
176428000
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
90728000
CY2019Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
85700000
CY2019Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
85700000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
6275000
stwd Intangible Assets Sold
IntangibleAssetsSold
170000
stwd Indefinite Lived Intangible Assets Adjustments For Change In Inputs And Assumptions
IndefiniteLivedIntangibleAssetsAdjustmentsForChangeInInputsAndAssumptions
-2962000
CY2020Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
76293000
CY2020Q2 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Collateral Right To Reclaim Cash
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimCash
23000
CY2020Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
5407000
CY2020Q2 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Collateral Right To Reclaim Securities
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimSecurities
4893337000
CY2020Q2 us-gaap Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral
1219000
CY2019Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Gross
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedGross
4618197000
CY2019Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoaned
4618197000
CY2019Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Collateral Right To Reclaim Securities
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimSecurities
4614769000
CY2020Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
4722000
CY2020Q2 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
28570000
CY2020Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
62338000
CY2020Q2 stwd Debt Instrument Convertible Principal Amount For Conversion Ratio
DebtInstrumentConvertiblePrincipalAmountForConversionRatio
1000
CY2020Q2 us-gaap Share Price
SharePrice
14.96
CY2020Q2 us-gaap Derivative Number Of Instruments Held
DerivativeNumberOfInstrumentsHeld
465
CY2020Q2 us-gaap Derivative Assets
DerivativeAssets
90905000
CY2019Q4 us-gaap Derivative Assets
DerivativeAssets
28943000
CY2020Q2 us-gaap Derivative Liabilities
DerivativeLiabilities
3880000
CY2019Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
8740000
CY2020Q2 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
-16098000
CY2019Q2 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
-32000
us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
-6388000
us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
-2239000
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
72887000
CY2020Q2 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Gross
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedGross
4894579000
CY2020Q2 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoaned
4894579000
us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
281225000
CY2019Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Collateral Right To Reclaim Cash
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimCash
292000
CY2019Q4 us-gaap Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral
3136000
CY2020Q2 stwd Number Of Collateralized Debt Obligation Structures Consolidated
NumberOfCollateralizedDebtObligationStructuresConsolidated
0
CY2020Q2 stwd Related Party Base Management Fee Payable
RelatedPartyBaseManagementFeePayable
19100000
CY2019Q4 stwd Related Party Base Management Fee Payable
RelatedPartyBaseManagementFeePayable
19300000
CY2020Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.48
CY2020Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.48
stwd Stock Issued During Period Shares Atm Equity Offering Sales Agreement
StockIssuedDuringPeriodSharesATMEquityOfferingSalesAgreement
0
stwd Stock Issued During Period Shares Atm Equity Offering Sales Agreement
StockIssuedDuringPeriodSharesATMEquityOfferingSalesAgreement
0
CY2020Q1 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
400000000.0
CY2020Q1 us-gaap Stock Repurchase Program Period In Force1
StockRepurchaseProgramPeriodInForce1
P1Y
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
1925421
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
28800000
CY2020Q2 us-gaap Debt Instrument Repurchase Amount
DebtInstrumentRepurchaseAmount
0
CY2020Q2 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
371200000
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
197399000
CY2020Q2 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
1143000
CY2019Q2 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
751000
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
2365000
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
1575000
CY2020Q2 us-gaap Dilutive Securities
DilutiveSecurities
120000
CY2020Q2 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
116000
CY2020Q2 stwd Income Loss From Continuing Operations Diluted
IncomeLossFromContinuingOperationsDiluted
141568000
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
P3Y
CY2017Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
P3Y
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
2718767
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
22.74
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
965847
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
10.77
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
850384
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
22.40
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
5647
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
14.69
CY2020Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
2828583
CY2020Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
18.77
CY2020Q2 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
139656000
CY2019Q2 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
127016000
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
72887000
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
197399000
CY2020Q2 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
1143000
CY2019Q2 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
751000
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
2365000
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
1575000
CY2020Q2 stwd Income Loss From Continuing Operations Basic
IncomeLossFromContinuingOperationsBasic
138513000
CY2019Q2 stwd Income Loss From Continuing Operations Basic
IncomeLossFromContinuingOperationsBasic
126265000
stwd Income Loss From Continuing Operations Basic
IncomeLossFromContinuingOperationsBasic
70522000
stwd Income Loss From Continuing Operations Basic
IncomeLossFromContinuingOperationsBasic
195824000
CY2020Q2 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
139656000
CY2019Q2 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
127016000
CY2019Q2 stwd Income Loss From Continuing Operations Diluted
IncomeLossFromContinuingOperationsDiluted
129314000
stwd Income Loss From Continuing Operations Diluted
IncomeLossFromContinuingOperationsDiluted
70522000
stwd Income Loss From Continuing Operations Diluted
IncomeLossFromContinuingOperationsDiluted
202059000
CY2020Q2 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
281461000
CY2019Q2 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
279239000
us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
278396000
CY2020Q2 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
9649000
CY2019Q2 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
9649000
us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
9963000
CY2020Q2 us-gaap Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends
IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends
183000
CY2019Q2 us-gaap Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends
IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends
184000
us-gaap Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends
IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends
215000
us-gaap Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends
IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends
170000
CY2020Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
291293000
CY2019Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
289072000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
281440000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
288529000
CY2020Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.49
CY2019Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.45
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.25
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.70
CY2020Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.49
CY2019Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.45
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.25
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.70
CY2020Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
35884000
CY2020Q2 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
6982000
CY2020Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
6982000
CY2020Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
42866000
CY2019Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
55798000
CY2019Q2 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
1326000
CY2019Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
1326000
CY2019Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
57124000
CY2019Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
50932000
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-8066000
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-8066000
CY2020Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
42866000
CY2018Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
58660000
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-1536000
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-1536000
CY2019Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
57124000
CY2020Q2 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
31849000
CY2020Q2 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2019Q2 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
28556000
CY2019Q2 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
16520000
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
44692000
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2020Q2 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
26923000
CY2020Q2 us-gaap Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
0.178
CY2019Q2 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-26013000
CY2019Q2 us-gaap Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
0.191
us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
17009000
us-gaap Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
0.216
us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
42172000
us-gaap Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
0.198
CY2020Q2 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
1619000
CY2020Q2 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.011
CY2019Q2 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
-666000
CY2019Q2 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.005
us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-160000
us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
-0.002
us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
660000
us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.003
CY2020Q2 stwd Income Tax Reconciliation Federal Benefit Of State Tax Deduction
IncomeTaxReconciliationFederalBenefitOfStateTaxDeduction
-340000
CY2020Q2 us-gaap Effective Income Tax Rate Reconciliation Deductions
EffectiveIncomeTaxRateReconciliationDeductions
0.002
CY2019Q2 stwd Income Tax Reconciliation Federal Benefit Of State Tax Deduction
IncomeTaxReconciliationFederalBenefitOfStateTaxDeduction
-140000
CY2019Q2 us-gaap Effective Income Tax Rate Reconciliation Deductions
EffectiveIncomeTaxRateReconciliationDeductions
0.001
stwd Income Tax Reconciliation Federal Benefit Of State Tax Deduction
IncomeTaxReconciliationFederalBenefitOfStateTaxDeduction
34000
stwd Income Tax Reconciliation Federal Benefit Of State Tax Deduction
IncomeTaxReconciliationFederalBenefitOfStateTaxDeduction
-139000
us-gaap Effective Income Tax Rate Reconciliation Deductions
EffectiveIncomeTaxRateReconciliationDeductions
0.001
CY2020Q2 stwd Income Tax Reconciliation Net Operating Loss Carryback Rate Differential
IncomeTaxReconciliationNetOperatingLossCarrybackRateDifferential
-3717000
CY2020Q2 stwd Effective Income Tax Rate Net Operating Loss Carryback Rate Differential
EffectiveIncomeTaxRateNetOperatingLossCarrybackRateDifferential
-0.025
stwd Income Tax Reconciliation Net Operating Loss Carryback Rate Differential
IncomeTaxReconciliationNetOperatingLossCarrybackRateDifferential
-3717000
stwd Effective Income Tax Rate Net Operating Loss Carryback Rate Differential
EffectiveIncomeTaxRateNetOperatingLossCarrybackRateDifferential
-0.047
CY2020Q2 stwd Income Tax Reconciliation Intra Entity Transfer
IncomeTaxReconciliationIntraEntityTransfer
3781000
CY2020Q2 stwd Effective Income Tax Rate Reconciliation Intra Entity Transfer
EffectiveIncomeTaxRateReconciliationIntraEntityTransfer
-0.025
stwd Income Tax Reconciliation Intra Entity Transfer
IncomeTaxReconciliationIntraEntityTransfer
3781000
stwd Effective Income Tax Rate Reconciliation Intra Entity Transfer
EffectiveIncomeTaxRateReconciliationIntraEntityTransfer
-0.048
CY2020Q2 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-5000
CY2019Q2 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
464000
CY2019Q2 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.003
us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
86000
us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.001
us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
826000
us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.004
CY2020Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1298000
CY2020Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.009
CY2019Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.026
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-8027000
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.102
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3867000
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.018
us-gaap Profit Loss
ProfitLoss
86692000
CY2017 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2020Q2 stwd Derivative Guarantees Number Of Instruments Held
DerivativeGuaranteesNumberOfInstrumentsHeld
6
CY2020Q2 us-gaap Interest And Fee Income Loans Commercial
InterestAndFeeIncomeLoansCommercial
171103000
CY2020Q2 us-gaap Interest Income Securities Mortgage Backed
InterestIncomeSecuritiesMortgageBacked
14644000
CY2020Q2 us-gaap Fees And Commissions Mortgage Banking And Servicing
FeesAndCommissionsMortgageBankingAndServicing
6658000
CY2020Q2 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
72710000
CY2020Q2 us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
491000
CY2020Q2 us-gaap Revenues
Revenues
265606000
CY2020Q2 stwd Management Fees
ManagementFees
23115000
CY2020Q2 us-gaap Interest Expense
InterestExpense
101493000
CY2020Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
32677000
CY2020Q2 stwd Acquisition And Investment Pursuit Costs
AcquisitionAndInvestmentPursuitCosts
1590000
CY2020Q2 us-gaap Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
29632000
CY2020Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
23421000
CY2020Q2 stwd Provision For Loan Losses Net
ProvisionForLoanLossesNet
10202000
CY2020Q2 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-102000
CY2020Q2 us-gaap Costs And Expenses
CostsAndExpenses
222232000
CY2020Q2 us-gaap Variable Interest Entity Activity Between Vie And Entity Income Or Loss Before Tax
VariableInterestEntityActivityBetweenVIEAndEntityIncomeOrLossBeforeTax
51261000
CY2020Q2 stwd Fair Value Of Service Rights Gain Loss
FairValueOfServiceRightsGainLoss
-2569000
CY2020Q2 us-gaap Marketable Securities Unrealized Gain Loss Excluding Other Than Temporary Impairments
MarketableSecuritiesUnrealizedGainLossExcludingOtherThanTemporaryImpairments
827000
CY2020Q2 stwd Gain Loss On Mortgage Loans Held For Sale
GainLossOnMortgageLoansHeldForSale
34450000
CY2020Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
28776000
CY2020Q2 stwd Gain Loss On Sale Of Investments Net
GainLossOnSaleOfInvestmentsNet
6472000
CY2020Q2 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
-16098000
CY2020Q2 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
7173000
CY2020Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-2207000
CY2020Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
204000
CY2020Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
108289000
CY2020Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
151663000
CY2020Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1298000
CY2020Q2 us-gaap Profit Loss
ProfitLoss
152961000
CY2020Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
13305000
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
139656000
CY2019Q2 us-gaap Interest And Fee Income Loans Commercial
InterestAndFeeIncomeLoansCommercial
191466000
CY2019Q2 us-gaap Interest Income Securities Mortgage Backed
InterestIncomeSecuritiesMortgageBacked
22545000
CY2019Q2 us-gaap Fees And Commissions Mortgage Banking And Servicing
FeesAndCommissionsMortgageBankingAndServicing
9008000
CY2019Q2 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
87297000
CY2019Q2 us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
865000
CY2019Q2 us-gaap Revenues
Revenues
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CY2019Q2 stwd Management Fees
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