2024 Q3 Form 10-Q Financial Statement

#000162828024034950 Filed on August 06, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2
Revenue $479.5M $489.8M
YoY Change -8.05% -33.76%
Cost Of Revenue $365.3M $374.9M
YoY Change -7.64% -4.92%
Gross Profit $128.8M $125.3M
YoY Change -9.89% -63.69%
Gross Profit Margin 26.86% 25.58%
Selling, General & Admin $60.19M $63.15M
YoY Change 2.94% 15.61%
% of Gross Profit 46.72% 50.39%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $11.42M $11.34M
YoY Change -15.89% -17.01%
% of Gross Profit 8.86% 9.05%
Operating Expenses $137.3M $116.3M
YoY Change 10.81% -38.48%
Operating Profit -$8.464M $9.050M
YoY Change -144.39% -94.21%
Interest Expense $337.9M $344.4M
YoY Change -8.28% 261.44%
% of Operating Profit 3805.4%
Other Income/Expense, Net $105.7M $94.95M
YoY Change 177.81% -3530.38%
Pretax Income $82.62M $93.60M
YoY Change 106.66% -58.13%
Income Tax $10.45M $15.88M
% Of Pretax Income 12.65% 16.96%
Net Earnings $76.07M $77.89M
YoY Change 60.36% -53.2%
Net Earnings / Revenue 15.86% 15.9%
Basic Earnings Per Share $0.23 $0.24
Diluted Earnings Per Share $0.23 $0.24
COMMON SHARES
Basic Shares Outstanding 316.7M shares 316.0M shares
Diluted Shares Outstanding 319.8M shares 313.6M shares

Balance Sheet

Concept 2024 Q3 2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $357.9M $259.3M
YoY Change 83.21% -22.36%
Cash & Equivalents $357.9M $259.3M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $555.0M $456.4M
YoY Change 50.58% -12.83%
LONG-TERM ASSETS
Property, Plant & Equipment $3.179B $3.212B
YoY Change -6.07% -6.09%
Goodwill $259.8M $259.8M
YoY Change 0.0% 0.0%
Intangibles $60.16M $62.26M
YoY Change -8.83% -8.75%
Long-Term Investments $74.43M $75.69M
YoY Change 6.24% -91.18%
Other Assets $152.3M $176.4M
YoY Change -35.46% 46.68%
Total Long-Term Assets $63.68B $63.63B
YoY Change -8.93% -12.41%
TOTAL ASSETS
Total Short-Term Assets $555.0M $456.4M
Total Long-Term Assets $63.68B $63.63B
Total Assets $64.23B $64.09B
YoY Change -8.62% -12.41%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $395.2M $344.6M
YoY Change -3.06% 28.54%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $70.85M $188.0M
YoY Change -75.12% -86.92%
Long-Term Debt Due $95.53M $147.2M
YoY Change
Total Short-Term Liabilities $750.8M $713.8M
YoY Change -13.65% -62.12%
LONG-TERM LIABILITIES
Long-Term Debt $17.75B $18.19B
YoY Change -7.79% -3.29%
Other Long-Term Liabilities $38.45B $38.21B
YoY Change -10.75% -15.62%
Total Long-Term Liabilities $56.20B $56.40B
YoY Change -9.84% -12.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $750.8M $713.8M
Total Long-Term Liabilities $56.20B $56.40B
Total Liabilities $56.95B $57.12B
YoY Change -9.89% -14.44%
SHAREHOLDERS EQUITY
Retained Earnings $346.2M $432.7M
YoY Change -40.9% -37.21%
Common Stock $6.315B $5.910B
YoY Change 7.79% 1.09%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $6.540B $6.218B
YoY Change
Total Liabilities & Shareholders Equity $64.23B $64.09B
YoY Change -8.62% -12.41%

Cashflow Statement

Concept 2024 Q3 2024 Q2
OPERATING ACTIVITIES
Net Income $76.07M $77.89M
YoY Change 60.36% -53.2%
Depreciation, Depletion And Amortization $11.42M $11.34M
YoY Change -15.89% -17.01%
Cash From Operating Activities $241.8M $53.26M
YoY Change -32.15% -71.81%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities $310.2M $270.5M
YoY Change -20.67% -49.82%
Cash From Investing Activities $310.2M $270.5M
YoY Change -20.67% -49.82%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -478.4M -339.5M
YoY Change -37.92% -57.81%
NET CHANGE
Cash From Operating Activities 241.8M 53.26M
Cash From Investing Activities 310.2M 270.5M
Cash From Financing Activities -478.4M -339.5M
Net Change In Cash 73.64M -15.74M
YoY Change -418.03% -79.51%
FREE CASH FLOW
Cash From Operating Activities $241.8M $53.26M
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

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2030875000 usd
us-gaap Proceeds From Loan And Lease Originations And Principal Collections1
ProceedsFromLoanAndLeaseOriginationsAndPrincipalCollections1
1477281000 usd
us-gaap Proceeds From Sale Of Loans Held For Investment
ProceedsFromSaleOfLoansHeldForInvestment
47149000 usd
us-gaap Proceeds From Sale Of Loans Held For Investment
ProceedsFromSaleOfLoansHeldForInvestment
52912000 usd
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
18708000 usd
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
1452000 usd
stwd Proceeds From Sales And Redemptions Of Investment Securities
ProceedsFromSalesAndRedemptionsOfInvestmentSecurities
1314000 usd
stwd Proceeds From Sales And Redemptions Of Investment Securities
ProceedsFromSalesAndRedemptionsOfInvestmentSecurities
295000 usd
stwd Proceeds From Principal Collections On Investment Securities
ProceedsFromPrincipalCollectionsOnInvestmentSecurities
77301000 usd
stwd Proceeds From Principal Collections On Investment Securities
ProceedsFromPrincipalCollectionsOnInvestmentSecurities
51348000 usd
stwd Proceeds From Sales Of Real Estate Net Of Debt Assumed By Purchaser
ProceedsFromSalesOfRealEstateNetOfDebtAssumedByPurchaser
198988000 usd
stwd Proceeds From Sales Of Real Estate Net Of Debt Assumed By Purchaser
ProceedsFromSalesOfRealEstateNetOfDebtAssumedByPurchaser
19037000 usd
us-gaap Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
14184000 usd
us-gaap Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
14314000 usd
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
0 usd
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
2607000 usd
stwd Proceeds From Foreclosures And Initial Consolidation Of Entities
ProceedsFromForeclosuresAndInitialConsolidationOfEntities
1054000 usd
stwd Proceeds From Foreclosures And Initial Consolidation Of Entities
ProceedsFromForeclosuresAndInitialConsolidationOfEntities
123000 usd
stwd Payments For Purchase Or Termination Of Derivatives
PaymentsForPurchaseOrTerminationOfDerivatives
5507000 usd
stwd Payments For Purchase Or Termination Of Derivatives
PaymentsForPurchaseOrTerminationOfDerivatives
9397000 usd
us-gaap Proceeds From Derivative Instrument Investing Activities
ProceedsFromDerivativeInstrumentInvestingActivities
27907000 usd
us-gaap Proceeds From Derivative Instrument Investing Activities
ProceedsFromDerivativeInstrumentInvestingActivities
12781000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
1436175000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
552082000 usd
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
2897949000 usd
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
2342276000 usd
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
3999367000 usd
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
2700729000 usd
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
26834000 usd
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
5093000 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
1996000 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
1897000 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
304887000 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
300001000 usd
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
21957000 usd
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
19109000 usd
stwd Proceeds From Issuance Of Debt Of Consolidated Variable Interest Entities
ProceedsFromIssuanceOfDebtOfConsolidatedVariableInterestEntities
5779000 usd
stwd Proceeds From Issuance Of Debt Of Consolidated Variable Interest Entities
ProceedsFromIssuanceOfDebtOfConsolidatedVariableInterestEntities
0 usd
stwd Repayments Of Debt Of Consolidated Variable Interest Entities
RepaymentsOfDebtOfConsolidatedVariableInterestEntities
215000 usd
stwd Repayments Of Debt Of Consolidated Variable Interest Entities
RepaymentsOfDebtOfConsolidatedVariableInterestEntities
216000 usd
us-gaap Proceeds From Contributions From Affiliates
ProceedsFromContributionsFromAffiliates
28193000 usd
us-gaap Proceeds From Contributions From Affiliates
ProceedsFromContributionsFromAffiliates
40447000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-1419343000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-640528000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
126039000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
71910000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
311972000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
382133000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-2309000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
169000 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
454212000 usd
us-gaap Interest Paid Net
InterestPaidNet
668388000 usd
us-gaap Interest Paid Net
InterestPaidNet
662047000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-46000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1873000 usd
stwd Dividends Payable Current And Non Current Dividends Declared During Period
DividendsPayableCurrentAndNonCurrentDividendsDeclaredDuringPeriod
152829000 usd
stwd Dividends Payable Current And Non Current Dividends Declared During Period
DividendsPayableCurrentAndNonCurrentDividendsDeclaredDuringPeriod
152892000 usd
stwd Variable Interest Entity Deconsolidation In Non Cash Investing And Financing Activities
VariableInterestEntityDeconsolidationInNonCashInvestingAndFinancingActivities
711975000 usd
stwd Variable Interest Entity Deconsolidation In Non Cash Investing And Financing Activities
VariableInterestEntityDeconsolidationInNonCashInvestingAndFinancingActivities
0 usd
us-gaap Noncash Or Part Noncash Acquisition Value Of Assets Acquired1
NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1
178821000 usd
us-gaap Noncash Or Part Noncash Acquisition Value Of Assets Acquired1
NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1
40897000 usd
us-gaap Noncash Or Part Noncash Acquisition Value Of Liabilities Assumed1
NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed1
2859000 usd
us-gaap Noncash Or Part Noncash Acquisition Value Of Liabilities Assumed1
NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed1
74000 usd
stwd Noncash Or Part Noncash Acquisition Debt Assumed By Purchaser
NoncashOrPartNoncashAcquisitionDebtAssumedByPurchaser
-194900000 usd
stwd Noncash Or Part Noncash Acquisition Debt Assumed By Purchaser
NoncashOrPartNoncashAcquisitionDebtAssumedByPurchaser
0 usd
us-gaap Transfer Of Portfolio Loans And Leases To Held For Sale1
TransferOfPortfolioLoansAndLeasesToHeldForSale1
48695000 usd
us-gaap Transfer Of Portfolio Loans And Leases To Held For Sale1
TransferOfPortfolioLoansAndLeasesToHeldForSale1
41392000 usd
stwd Loan Principal Collections Temporarily Held At Master Servicer
LoanPrincipalCollectionsTemporarilyHeldAtMasterServicer
12987000 usd
stwd Loan Principal Collections Temporarily Held At Master Servicer
LoanPrincipalCollectionsTemporarilyHeldAtMasterServicer
158125000 usd
us-gaap Nature Of Operations
NatureOfOperations
Business and Organization<div style="margin-top:12pt;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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 the United States (“U.S.”), Europe and Australia. 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.</span></div><div style="margin-top:12pt;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We have four reportable business segments as of June 30, 2024 and we refer to the investments within these segments as our target assets:</span></div><div style="margin-top:12pt;padding-left:54pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">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 the U.S., Europe and Australia (including distressed or non-performing loans). Our residential loans are secured by a first mortgage lien on residential property and primarily consist of non-agency residential loans that are not guaranteed by any U.S. Government agency or federally chartered corporation.</span></div><div style="margin-top:12pt;padding-left:54pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Infrastructure lending (the “Infrastructure Lending Segment”)—engages primarily in originating, acquiring, financing and managing infrastructure debt investments.</span></div><div style="margin-top:12pt;padding-left:54pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Real estate property (the “Property Segment”)—engages primarily in acquiring and managing equity interests in stabilized and to be stabilized commercial real estate properties, including multifamily properties, that are held for investment.</span></div><div style="margin-top:12pt;padding-left:54pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">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></div><div style="margin-top:12pt;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Our segments exclude the consolidation of securitization variable interest entities (“VIEs”).</span></div><div style="margin-top:12pt;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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.</span></div><div style="margin-top:12pt;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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 Global, L.P., a privately-held private equity firm founded by Mr. Sternlicht.</span></div>
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
4 segment
stwd Percentage Of Annual Reit Taxable Income Distributable To Stockholders Minimum
PercentageOfAnnualREITTaxableIncomeDistributableToStockholdersMinimum
0.90
CY2024Q2 stwd Reo Assets As Percent Of Consolidated Vie Assets
ReoAssetsAsPercentOfConsolidatedVieAssets
0.02
CY2024Q2 stwd Loans As Percent Of Consolidated Vie Assets
LoansAsPercentOfConsolidatedVieAssets
0.98
CY2023Q4 stwd Variable Interest Entity Assets
VariableInterestEntityAssets
43786356000 usd
CY2023Q4 us-gaap Assets
Assets
69504196000 usd
CY2023Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
152888000 usd
CY2024Q2 stwd Permitted Reinvestment Under Static Investment In Variable Interest Entity
PermittedReinvestmentUnderStaticInvestmentInVariableInterestEntity
0 usd
CY2021Q4 stwd Number Of Properties In Portfolio Investment
NumberOfPropertiesInPortfolioInvestment
59 property
CY2021Q4 stwd Number Of Units In Portfolio Investment
NumberOfUnitsInPortfolioInvestment
15057 unit
us-gaap Use Of Estimates
UseOfEstimates
<div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span><span style="font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"></span></div><div style="margin-top:12pt;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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 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. Amounts ultimately realized from our investments may vary significantly from the fair values presented.</span></div><div style="margin-top:12pt;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We believe the estimates and assumptions underlying our consolidated financial statements are reasonable and supportable based on the information available as of June 30, 2024. Actual results may ultimately differ from those estimates.</span></div>
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="margin-top:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Reclassifications</span></div><div style="margin-top:12pt;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Acquisition and investment pursuit costs were combined within other expense in the prior period condensed consolidated statements of operations to conform with the current period presentation.</span></div>
CY2023Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
102467000 usd
CY2023Q4 us-gaap Secured Debt
SecuredDebt
13867996000 usd
CY2023Q4 us-gaap Collateralized Financings
CollateralizedFinancings
3491292000 usd
CY2023Q4 us-gaap Unsecured Debt
UnsecuredDebt
2158888000 usd
CY2024Q2 stwd Mortgage Loans On Real Estate Gross Carrying Amount Of Mortgages
MortgageLoansOnRealEstateGrossCarryingAmountOfMortgages
19468700000 usd
CY2024Q2 stwd Mortgage Loans On Real Estate Principal Amount Of Mortgages
MortgageLoansOnRealEstatePrincipalAmountOfMortgages
19844798000 usd
CY2024Q2 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
19114635000 usd
CY2023Q4 stwd Mortgage Loans On Real Estate Gross Carrying Amount Of Mortgages
MortgageLoansOnRealEstateGrossCarryingAmountOfMortgages
20528925000 usd
CY2023Q4 stwd Mortgage Loans On Real Estate Principal Amount Of Mortgages
MortgageLoansOnRealEstatePrincipalAmountOfMortgages
20934221000 usd
CY2023Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
20219886000 usd
CY2024Q2 us-gaap Loans Receivable With Variable Rates Of Interest1
LoansReceivableWithVariableRatesOfInterest1
15877917000 usd
CY2024Q2 us-gaap Loans Receivable Basis Spread On Variable Rate
LoansReceivableBasisSpreadOnVariableRate
0.039
CY2024Q2 stwd Mortgage Loans On Real Estate Gross Carrying Amount Of Mortgages
MortgageLoansOnRealEstateGrossCarryingAmountOfMortgages
19468700000 usd
CY2024Q2 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
354065000 usd
CY2023Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
20219886000 usd
us-gaap Mortgage Loans On Real Estate New Mortgage Loans
MortgageLoansOnRealEstateNewMortgageLoans
1515064000 usd
stwd Mortgage Loans On Real Estate Capitalized Interest
MortgageLoansOnRealEstateCapitalizedInterest
42966000 usd
us-gaap Mortgage Loans On Real Estate Cost Of Mortgages Sold
MortgageLoansOnRealEstateCostOfMortgagesSold
405558000 usd
srt Mortgage Loans On Real Estate Collections Of Principal
MortgageLoansOnRealEstateCollectionsOfPrincipal
2027208000 usd
stwd Mortgage Loans On Real Estate Discount Accretion And Premium Amortization
MortgageLoansOnRealEstateDiscountAccretionAndPremiumAmortization
32742000 usd
stwd Gain Loss On Mortgage Loans Held For Sale
GainLossOnMortgageLoansHeldForSale
35408000 usd
stwd Mortgage Loans On Real Estate Unrealized Foreign Currency Remeasurement Gain Loss
MortgageLoansOnRealEstateUnrealizedForeignCurrencyRemeasurementGainLoss
67403000 usd
us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
56383000 usd
stwd Mortgage Loans On Real Estate Loan Foreclosure And Converted To Equity Control Interest During Period
MortgageLoansOnRealEstateLoanForeclosureAndConvertedToEquityControlInterestDuringPeriod
174879000 usd
stwd Mortgage Loans On Real Estate Transfers
MortgageLoansOnRealEstateTransfers
0 usd
CY2024Q2 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
19114635000 usd
CY2022Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
21186033000 usd
us-gaap Mortgage Loans On Real Estate New Mortgage Loans
MortgageLoansOnRealEstateNewMortgageLoans
1288589000 usd
stwd Mortgage Loans On Real Estate Capitalized Interest
MortgageLoansOnRealEstateCapitalizedInterest
57946000 usd
us-gaap Mortgage Loans On Real Estate Cost Of Mortgages Sold
MortgageLoansOnRealEstateCostOfMortgagesSold
224318000 usd
srt Mortgage Loans On Real Estate Collections Of Principal
MortgageLoansOnRealEstateCollectionsOfPrincipal
1719628000 usd
stwd Mortgage Loans On Real Estate Discount Accretion And Premium Amortization
MortgageLoansOnRealEstateDiscountAccretionAndPremiumAmortization
32212000 usd
stwd Gain Loss On Mortgage Loans Held For Sale
GainLossOnMortgageLoansHeldForSale
-44441000 usd
stwd Mortgage Loans On Real Estate Unrealized Foreign Currency Remeasurement Gain Loss
MortgageLoansOnRealEstateUnrealizedForeignCurrencyRemeasurementGainLoss
-104910000 usd
us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
152053000 usd
stwd Mortgage Loans On Real Estate Loan Foreclosure And Converted To Equity Control Interest During Period
MortgageLoansOnRealEstateLoanForeclosureAndConvertedToEquityControlInterestDuringPeriod
41716000 usd
stwd Mortgage Loans On Real Estate Transfers
MortgageLoansOnRealEstateTransfers
0 usd
CY2023Q2 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
20487534000 usd
CY2024Q2 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAllowanceForCreditLoss
20218000 usd
CY2024Q2 stwd Investments Excluding Unconsolidated Entities
InvestmentsExcludingUnconsolidatedEntities
665714000 usd
CY2023Q4 stwd Investments Excluding Unconsolidated Entities
InvestmentsExcludingUnconsolidatedEntities
735562000 usd
CY2024Q2 stwd Purchase Of Marketable Securities
PurchaseOfMarketableSecurities
9488000 usd
CY2024Q2 stwd Sales And Redemption Of Marketable Securities
SalesAndRedemptionOfMarketableSecurities
0 usd
CY2024Q2 stwd Proceeds From Principal Collections On Investment Securities
ProceedsFromPrincipalCollectionsOnInvestmentSecurities
58152000 usd
CY2023Q2 stwd Purchase Of Marketable Securities
PurchaseOfMarketableSecurities
861000 usd
CY2023Q2 stwd Sales And Redemption Of Marketable Securities
SalesAndRedemptionOfMarketableSecurities
295000 usd
CY2023Q2 stwd Proceeds From Principal Collections On Investment Securities
ProceedsFromPrincipalCollectionsOnInvestmentSecurities
10570000 usd
stwd Purchase Of Marketable Securities
PurchaseOfMarketableSecurities
18708000 usd
stwd Sales And Redemption Of Marketable Securities
SalesAndRedemptionOfMarketableSecurities
1314000 usd
stwd Proceeds From Principal Collections On Investment Securities
ProceedsFromPrincipalCollectionsOnInvestmentSecurities
77301000 usd
stwd Purchase Of Marketable Securities
PurchaseOfMarketableSecurities
1452000 usd
stwd Sales And Redemption Of Marketable Securities
SalesAndRedemptionOfMarketableSecurities
295000 usd
stwd Proceeds From Principal Collections On Investment Securities
ProceedsFromPrincipalCollectionsOnInvestmentSecurities
51348000 usd
CY2024Q2 stwd Available For Sale Securities Amortized Cost Before Other Than Temporary Impairment
AvailableForSaleSecuritiesAmortizedCostBeforeOtherThanTemporaryImpairment
84518000 usd
CY2024Q2 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
0 usd
CY2024Q2 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
84518000 usd
CY2024Q2 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
16793000 usd
CY2024Q2 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
2873000 usd
CY2024Q2 us-gaap Debt Securities Available For Sale Accumulated Gross Unrealized Gain Loss Before Tax
DebtSecuritiesAvailableForSaleAccumulatedGrossUnrealizedGainLossBeforeTax
13920000 usd
CY2024Q2 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
98438000 usd
CY2023Q4 stwd Available For Sale Securities Amortized Cost Before Other Than Temporary Impairment
AvailableForSaleSecuritiesAmortizedCostBeforeOtherThanTemporaryImpairment
87016000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
0 usd
CY2023Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
87016000 usd
CY2023Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
18092000 usd
CY2023Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
2740000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Accumulated Gross Unrealized Gain Loss Before Tax
DebtSecuritiesAvailableForSaleAccumulatedGrossUnrealizedGainLossBeforeTax
15352000 usd
CY2023Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
102368000 usd
CY2024Q2 stwd Available For Sale Securities Variable Rate Basis Percentage
AvailableForSaleSecuritiesVariableRateBasisPercentage
0.05334
CY2024Q2 stwd Debt Securities Available For Sale Cost Of Third Party Management
DebtSecuritiesAvailableForSaleCostOfThirdPartyManagement
200000 usd
CY2023Q2 stwd Debt Securities Available For Sale Cost Of Third Party Management
DebtSecuritiesAvailableForSaleCostOfThirdPartyManagement
200000 usd
stwd Debt Securities Available For Sale Cost Of Third Party Management
DebtSecuritiesAvailableForSaleCostOfThirdPartyManagement
400000 usd
stwd Debt Securities Available For Sale Cost Of Third Party Management
DebtSecuritiesAvailableForSaleCostOfThirdPartyManagement
400000 usd
CY2024Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
2637000 usd
CY2024Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
15564000 usd
CY2024Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
178000 usd
CY2024Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
2695000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
10687000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
6361000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
1322000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
1418000 usd
CY2024Q2 stwd Number Of Securities With Unrealized Losses
NumberOfSecuritiesWithUnrealizedLosses
14 security
CY2024Q2 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
552255000 usd
CY2024Q2 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAllowanceForCreditLoss
20218000 usd
CY2024Q2 stwd Debt Securities Held To Maturity Net
DebtSecuritiesHeldToMaturityNet
532037000 usd
CY2024Q2 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Gain
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
1123000 usd
CY2024Q2 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
24915000 usd
CY2024Q2 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
508245000 usd
CY2023Q4 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
619397000 usd
CY2023Q4 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAllowanceForCreditLoss
13143000 usd
CY2023Q4 stwd Debt Securities Held To Maturity Net
DebtSecuritiesHeldToMaturityNet
606254000 usd
CY2023Q4 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Gain
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
75000 usd
CY2023Q4 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
25169000 usd
CY2023Q4 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
581160000 usd
CY2023Q4 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAllowanceForCreditLoss
13143000 usd
us-gaap Debt Securities Held To Maturity Allowance For Credit Loss Purchased With Credit Deterioration Increase
DebtSecuritiesHeldToMaturityAllowanceForCreditLossPurchasedWithCreditDeteriorationIncrease
7075000 usd
CY2024Q2 us-gaap Held To Maturity Securities Debt Maturities Within One Year Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount
30439000 usd
CY2024Q2 stwd Held To Maturity Securities Debt Maturities After One Through Three Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughThreeYearsNetCarryingAmount
480412000 usd
CY2024Q2 stwd Debt Securities Held To Maturity Amortized Cost Maturity Allocated And Single Maturity Date After Year Three Through Year Five
DebtSecuritiesHeldToMaturityAmortizedCostMaturityAllocatedAndSingleMaturityDateAfterYearThreeThroughYearFive
12072000 usd
CY2023Q4 stwd Debt Related To Properties Held For Sale
DebtRelatedToPropertiesHeldForSale
193691000 usd
CY2023Q4 stwd Variable Interest Entity Liabilities
VariableInterestEntityLiabilities
42175734000 usd
CY2023Q4 us-gaap Liabilities
Liabilities
62481214000 usd
CY2024Q2 stwd Held To Maturity Securities Debt Maturities After Five Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterFiveYearsNetCarryingAmount
9114000 usd
CY2024Q2 us-gaap Held To Maturity Securities Debt Maturities Single Maturity Date Amortized Cost Basis
HeldToMaturitySecuritiesDebtMaturitiesSingleMaturityDateAmortizedCostBasis
532037000 usd
CY2024Q2 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
1402690000 usd
CY2023Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
1226710000 usd
CY2024Q2 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
196019000 usd
CY2023Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
180326000 usd
CY2024Q2 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
1206671000 usd
CY2023Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
1046384000 usd
CY2024Q2 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
-3954000 usd
CY2023Q2 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
214823000 usd
us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
-7850000 usd
us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
215983000 usd
CY2024Q2 us-gaap Equity Method Investments
EquityMethodInvestments
75686000 usd
CY2023Q4 us-gaap Equity Method Investments
EquityMethodInvestments
74659000 usd
CY2024Q2 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
21738000 usd
CY2023Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
15717000 usd
CY2024Q2 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
97424000 usd
CY2023Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
90376000 usd
CY2024Q2 stwd Number Of Publicly Traded Investments
NumberOfPubliclyTradedInvestments
0 investment
CY2024Q2 us-gaap Equity Method Investment Difference Between Carrying Amount And Underlying Equity
EquityMethodInvestmentDifferenceBetweenCarryingAmountAndUnderlyingEquity
0 usd
CY2024Q2 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
144593000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
82329000 usd
CY2024Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
62264000 usd
CY2023Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
143470000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
78503000 usd
CY2023Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
64967000 usd
CY2023Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
414348000 usd
CY2023Q4 us-gaap Common Stock Value
CommonStockValue
3208000 usd
CY2023Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
5864670000 usd
CY2023Q4 us-gaap Treasury Stock Common Value
TreasuryStockCommonValue
138022000 usd
CY2023Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
505881000 usd
CY2023Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
15352000 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
6251089000 usd
CY2023Q4 us-gaap Minority Interest
MinorityInterest
357545000 usd
CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
6608634000 usd
CY2023Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
69504196000 usd
CY2023Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
64967000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3826000 usd
CY2024Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
62264000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
3369000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
6099000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
4573000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
4089000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
3943000 usd
CY2024Q2 stwd Finite Lived Intangible Asset Expected Amortization After Year Four
FiniteLivedIntangibleAssetExpectedAmortizationAfterYearFour
19684000 usd
CY2021Q3 stwd Debt Instrument Face Amount Purchased By Third Party Investors
DebtInstrumentFaceAmountPurchasedByThirdPartyInvestors
210100000 usd
CY2024Q2 us-gaap Share Price
SharePrice
18.94
CY2024Q2 us-gaap Share Price
SharePrice
18.94
CY2024Q2 us-gaap Derivative Number Of Instruments Held
DerivativeNumberOfInstrumentsHeld
681 contract
CY2024Q2 us-gaap Derivative Assets
DerivativeAssets
70530000 usd
CY2023Q4 us-gaap Derivative Assets
DerivativeAssets
63437000 usd
CY2024Q2 us-gaap Derivative Liabilities
DerivativeLiabilities
76131000 usd
CY2023Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
102467000 usd
CY2024Q2 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
986000 usd
CY2023Q2 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
56376000 usd
us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
102925000 usd
us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
23548000 usd
CY2024Q2 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
70530000 usd
CY2024Q2 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
0 usd
CY2024Q2 us-gaap Derivative Assets
DerivativeAssets
70530000 usd
CY2024Q2 us-gaap Derivative Collateral Obligation To Return Securities
DerivativeCollateralObligationToReturnSecurities
36524000 usd
CY2024Q2 us-gaap Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
0 usd
CY2024Q2 us-gaap Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral
34006000 usd
CY2024Q2 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
76131000 usd
CY2024Q2 us-gaap Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
0 usd
CY2024Q2 us-gaap Derivative Liabilities
DerivativeLiabilities
76131000 usd
CY2024Q2 us-gaap Derivative Collateral Right To Reclaim Securities
DerivativeCollateralRightToReclaimSecurities
36524000 usd
CY2024Q2 us-gaap Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
39607000 usd
CY2024Q2 us-gaap Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral
0 usd
CY2024Q2 us-gaap Securities Sold Under Agreements To Repurchase Gross
SecuritiesSoldUnderAgreementsToRepurchaseGross
9329195000 usd
CY2024Q2 us-gaap Securities Sold Under Agreements To Repurchase Asset
SecuritiesSoldUnderAgreementsToRepurchaseAsset
0 usd
CY2024Q2 us-gaap Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
9329195000 usd
CY2024Q2 us-gaap Securities Sold Under Agreements To Repurchase Collateral Right To Reclaim Securities
SecuritiesSoldUnderAgreementsToRepurchaseCollateralRightToReclaimSecurities
9329195000 usd
CY2024Q2 us-gaap Securities Sold Under Agreements To Repurchase Collateral Right To Reclaim Cash
SecuritiesSoldUnderAgreementsToRepurchaseCollateralRightToReclaimCash
0 usd
CY2024Q2 us-gaap Securities Sold Under Agreements To Repurchase Amount Offset Against Collateral
SecuritiesSoldUnderAgreementsToRepurchaseAmountOffsetAgainstCollateral
0 usd
CY2024Q2 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Gross
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedGross
9405326000 usd
CY2024Q2 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Asset
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAsset
0 usd
CY2024Q2 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoaned
9405326000 usd
CY2024Q2 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Collateral Right To Reclaim Securities
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimSecurities
9365719000 usd
CY2024Q2 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Collateral Right To Reclaim Cash
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimCash
39607000 usd
CY2024Q2 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Amount Offset Against Collateral
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAmountOffsetAgainstCollateral
0 usd
CY2023Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
63437000 usd
CY2023Q4 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
0 usd
CY2023Q4 us-gaap Derivative Assets
DerivativeAssets
63437000 usd
CY2023Q4 us-gaap Derivative Collateral Obligation To Return Securities
DerivativeCollateralObligationToReturnSecurities
41341000 usd
CY2023Q4 us-gaap Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
0 usd
CY2023Q4 us-gaap Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral
22096000 usd
CY2023Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
102467000 usd
CY2023Q4 us-gaap Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
0 usd
CY2023Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
102467000 usd
CY2023Q4 us-gaap Derivative Collateral Right To Reclaim Securities
DerivativeCollateralRightToReclaimSecurities
41340000 usd
CY2023Q4 us-gaap Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
61127000 usd
CY2023Q4 us-gaap Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral
0 usd
CY2023Q4 us-gaap Securities Sold Under Agreements To Repurchase Gross
SecuritiesSoldUnderAgreementsToRepurchaseGross
10652359000 usd
CY2023Q4 us-gaap Securities Sold Under Agreements To Repurchase Asset
SecuritiesSoldUnderAgreementsToRepurchaseAsset
0 usd
CY2023Q4 us-gaap Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
10652359000 usd
CY2023Q4 us-gaap Securities Sold Under Agreements To Repurchase Collateral Right To Reclaim Securities
SecuritiesSoldUnderAgreementsToRepurchaseCollateralRightToReclaimSecurities
10652359000 usd
CY2023Q4 us-gaap Securities Sold Under Agreements To Repurchase Collateral Right To Reclaim Cash
SecuritiesSoldUnderAgreementsToRepurchaseCollateralRightToReclaimCash
0 usd
CY2023Q4 us-gaap Securities Sold Under Agreements To Repurchase Amount Offset Against Collateral
SecuritiesSoldUnderAgreementsToRepurchaseAmountOffsetAgainstCollateral
0 usd
CY2023Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Gross
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedGross
10754826000 usd
CY2023Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Asset
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAsset
0 usd
CY2023Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoaned
10754826000 usd
CY2023Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Collateral Right To Reclaim Securities
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimSecurities
10693699000 usd
CY2023Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Collateral Right To Reclaim Cash
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimCash
61127000 usd
CY2023Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Amount Offset Against Collateral
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAmountOffsetAgainstCollateral
0 usd
stwd Number Of Collateralized Loan Obligations
NumberOfCollateralizedLoanObligations
6 collateralized_loan_obligation
stwd Number Of Single Asset Single Borrower Loans
NumberOfSingleAssetSingleBorrowerLoans
1 loan
stwd Number Of Related Party Loan Transactions
NumberOfRelatedPartyLoanTransactions
3 transaction
CY2024Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.48
CY2024Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.48
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
3446728 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
21.08
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
3085570 shares
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
20.23
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
2090400 shares
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
21.14
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
13530 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
21.42
CY2024Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
4428368 shares
CY2024Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
20.46
CY2024Q2 us-gaap Temporary Equity Net Income
TemporaryEquityNetIncome
1000000 usd
us-gaap Temporary Equity Net Income
TemporaryEquityNetIncome
2500000 usd
CY2023Q2 us-gaap Temporary Equity Net Income
TemporaryEquityNetIncome
45700000 usd
us-gaap Temporary Equity Net Income
TemporaryEquityNetIncome
47900000 usd
CY2024Q2 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
77890000 usd
CY2023Q2 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
168843000 usd
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
232222000 usd
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
220817000 usd
CY2024Q2 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
1860000 usd
CY2023Q2 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
2411000 usd
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
3837000 usd
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
3452000 usd
CY2024Q2 stwd Income Loss From Continuing Operations Basic
IncomeLossFromContinuingOperationsBasic
76030000 usd
CY2023Q2 stwd Income Loss From Continuing Operations Basic
IncomeLossFromContinuingOperationsBasic
166432000 usd
stwd Income Loss From Continuing Operations Basic
IncomeLossFromContinuingOperationsBasic
228385000 usd
CY2024Q2 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q2 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q2 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2024Q2 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
stwd Income Loss From Continuing Operations Basic
IncomeLossFromContinuingOperationsBasic
217365000 usd
CY2024Q2 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
77890000 usd
CY2023Q2 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
168843000 usd
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
232222000 usd
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
220817000 usd
CY2024Q2 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
1860000 usd
CY2023Q2 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
2411000 usd
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
3837000 usd
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
3452000 usd
CY2024Q2 us-gaap Dilutive Securities
DilutiveSecurities
0 usd
CY2023Q2 us-gaap Dilutive Securities
DilutiveSecurities
770000 usd
us-gaap Dilutive Securities
DilutiveSecurities
0 usd
us-gaap Dilutive Securities
DilutiveSecurities
0 usd
CY2024Q2 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
0 usd
CY2023Q2 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
769000 usd
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
0 usd
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
0 usd
CY2024Q2 stwd Income Loss From Continuing Operations Diluted
IncomeLossFromContinuingOperationsDiluted
76030000 usd
CY2023Q2 stwd Income Loss From Continuing Operations Diluted
IncomeLossFromContinuingOperationsDiluted
166433000 usd
stwd Income Loss From Continuing Operations Diluted
IncomeLossFromContinuingOperationsDiluted
228385000 usd
stwd Income Loss From Continuing Operations Diluted
IncomeLossFromContinuingOperationsDiluted
217365000 usd
CY2024Q2 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
313493000 shares
CY2023Q2 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
309721000 shares
us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
312660000 shares
us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
309067000 shares
CY2024Q2 us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
91000 shares
CY2023Q2 us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
99000 shares
us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
91000 shares
us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
99000 shares
CY2024Q2 stwd Incremental Common Shares Attributable To Non Participating Nonvested Shares
IncrementalCommonSharesAttributableToNonParticipatingNonvestedShares
30000 shares
CY2023Q2 stwd Incremental Common Shares Attributable To Non Participating Nonvested Shares
IncrementalCommonSharesAttributableToNonParticipatingNonvestedShares
235000 shares
stwd Incremental Common Shares Attributable To Non Participating Nonvested Shares
IncrementalCommonSharesAttributableToNonParticipatingNonvestedShares
248000 shares
stwd Incremental Common Shares Attributable To Non Participating Nonvested Shares
IncrementalCommonSharesAttributableToNonParticipatingNonvestedShares
247000 shares
CY2024Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
313614000 shares
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
310055000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
312999000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
309413000 shares
CY2024Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.24
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.54
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.73
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.70
CY2024Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.24
CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.54
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.73
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.70
CY2024Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
41065909000 usd
CY2024Q2 stwd Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Change In Fair Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInChangeInFairValue
-1693757000 usd
CY2024Q2 stwd Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Accretion Amortization Of Discounts And Premiums
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAccretionAmortizationOfDiscountsAndPremiums
1154000 usd
CY2024Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Other Comprehensive Income Loss
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss
-141000 usd
CY2024Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases
315542000 usd
CY2024Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Sales
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales
139812000 usd
CY2024Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Issues
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetIssues
-2613000 usd
CY2024Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements
66567000 usd
CY2024Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Into Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3
226900000 usd
CY2024Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Out Of Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3
172370000 usd
CY2024Q2 stwd Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Deconsolidations Of Variable Interest Entity
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetDeconsolidationsOfVariableInterestEntity
-69690000 usd
CY2024Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
39355495000 usd
CY2024Q2 stwd Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings Attributable To Assets Still Held At End Of Period
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarningsAttributableToAssetsStillHeldAtEndOfPeriod
-1713017000 usd
CY2024Q2 stwd Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Other Comprehensive Income Loss Attributable To Assets Still Held At End Of Period
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLossAttributableToAssetsStillHeldAtEndOfPeriod
-141000 usd
CY2023Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
50414009000 usd
CY2023Q2 stwd Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Change In Fair Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInChangeInFairValue
-3348230000 usd
CY2023Q2 stwd Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Accretion Amortization Of Discounts And Premiums
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAccretionAmortizationOfDiscountsAndPremiums
1191000 usd
CY2023Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Other Comprehensive Income Loss
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss
-2496000 usd
CY2023Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases
180250000 usd
CY2023Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Sales
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales
157879000 usd
CY2023Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements
59810000 usd
CY2023Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Into Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3
1198923000 usd
CY2023Q2 stwd Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Out Of Level3 Net
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3Net
-60421000 usd
CY2023Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
45767691000 usd
CY2023Q2 stwd Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings Attributable To Assets Still Held At End Of Period
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarningsAttributableToAssetsStillHeldAtEndOfPeriod
-3362405000 usd
CY2023Q2 stwd Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Other Comprehensive Income Loss Attributable To Assets Still Held At End Of Period
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLossAttributableToAssetsStillHeldAtEndOfPeriod
-2496000 usd
CY2023Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
42980382000 usd
stwd Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Change In Fair Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInChangeInFairValue
-3144144000 usd
stwd Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Accretion Amortization Of Discounts And Premiums
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAccretionAmortizationOfDiscountsAndPremiums
2321000 usd
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Other Comprehensive Income Loss
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss
-1432000 usd
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases
605050000 usd
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Sales
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales
358409000 usd
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Issues
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetIssues
-5779000 usd
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements
117009000 usd
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Into Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3
692310000 usd
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Out Of Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3
773460000 usd
stwd Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Deconsolidations Of Variable Interest Entity
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetDeconsolidationsOfVariableInterestEntity
-686635000 usd
CY2024Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
39355495000 usd
stwd Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings Attributable To Assets Still Held At End Of Period
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarningsAttributableToAssetsStillHeldAtEndOfPeriod
-3174904000 usd
stwd Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Other Comprehensive Income Loss Attributable To Assets Still Held At End Of Period
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLossAttributableToAssetsStillHeldAtEndOfPeriod
-1432000 usd
CY2022Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
51642978000 usd
stwd Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Change In Fair Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInChangeInFairValue
-5111482000 usd
stwd Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Accretion Amortization Of Discounts And Premiums
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAccretionAmortizationOfDiscountsAndPremiums
2413000 usd
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Other Comprehensive Income Loss
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss
-3600000 usd
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases
249450000 usd
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Sales
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales
171318000 usd
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements
101865000 usd
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Into Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3
1198923000 usd
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Out Of Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3
460038000 usd
CY2023Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
45767691000 usd
stwd Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings Attributable To Assets Still Held At End Of Period
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarningsAttributableToAssetsStillHeldAtEndOfPeriod
-5125825000 usd
stwd Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Other Comprehensive Income Loss Attributable To Assets Still Held At End Of Period
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLossAttributableToAssetsStillHeldAtEndOfPeriod
-3600000 usd
CY2024Q2 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
19656000 usd
CY2024Q2 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2023Q2 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
46951000 usd
CY2023Q2 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
53480000 usd
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
57654000 usd
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2024Q2 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
7107000 usd
CY2024Q2 us-gaap Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
0.076
CY2023Q2 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
46049000 usd
CY2023Q2 us-gaap Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
0.205
us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
40022000 usd
us-gaap Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
0.157
us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
63776000 usd
us-gaap Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
0.233
CY2024Q2 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
4124000 usd
CY2024Q2 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.044
CY2023Q2 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
296000 usd
CY2023Q2 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.001
us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
4422000 usd
us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.017
us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-2012000 usd
us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
-0.007
CY2024Q2 stwd Income Tax Reconciliation Federal Benefit Of State Tax Deduction
IncomeTaxReconciliationFederalBenefitOfStateTaxDeduction
-866000 usd
CY2024Q2 stwd Effective Income Tax Rate Reconciliation Deduction Federal Benefit Of State Tax Percent
EffectiveIncomeTaxRateReconciliationDeductionFederalBenefitOfStateTaxPercent
-0.009
CY2023Q2 stwd Income Tax Reconciliation Federal Benefit Of State Tax Deduction
IncomeTaxReconciliationFederalBenefitOfStateTaxDeduction
-63000 usd
CY2023Q2 stwd Effective Income Tax Rate Reconciliation Deduction Federal Benefit Of State Tax Percent
EffectiveIncomeTaxRateReconciliationDeductionFederalBenefitOfStateTaxPercent
0
stwd Income Tax Reconciliation Federal Benefit Of State Tax Deduction
IncomeTaxReconciliationFederalBenefitOfStateTaxDeduction
-929000 usd
stwd Effective Income Tax Rate Reconciliation Deduction Federal Benefit Of State Tax Percent
EffectiveIncomeTaxRateReconciliationDeductionFederalBenefitOfStateTaxPercent
-0.004
stwd Income Tax Reconciliation Federal Benefit Of State Tax Deduction
IncomeTaxReconciliationFederalBenefitOfStateTaxDeduction
422000 usd
stwd Effective Income Tax Rate Reconciliation Deduction Federal Benefit Of State Tax Percent
EffectiveIncomeTaxRateReconciliationDeductionFederalBenefitOfStateTaxPercent
0.002
CY2024Q2 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
71000 usd
CY2024Q2 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.001
CY2023Q2 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
62000 usd
CY2023Q2 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.001
us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
133000 usd
us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.001
us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
114000 usd
us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0
CY2024Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
15878000 usd
CY2024Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.170
CY2023Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1197000 usd
CY2023Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.005
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
17084000 usd
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.067
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-7598000 usd
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.028
CY2024Q2 us-gaap Interest And Fee Income Loans Commercial
InterestAndFeeIncomeLoansCommercial
427432000 usd
CY2024Q2 us-gaap Interest Income Securities Mortgage Backed
InterestIncomeSecuritiesMortgageBacked
17000000 usd
CY2024Q2 us-gaap Fees And Commissions Mortgage Banking And Servicing
FeesAndCommissionsMortgageBankingAndServicing
16033000 usd
CY2024Q2 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
25459000 usd
CY2024Q2 us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
3902000 usd
CY2024Q2 us-gaap Revenues
Revenues
489826000 usd
CY2024Q2 stwd Management Fees
ManagementFees
30517000 usd
CY2024Q2 us-gaap Interest Expense
InterestExpense
344389000 usd
CY2024Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
51082000 usd
CY2024Q2 us-gaap Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
12070000 usd
CY2024Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
10124000 usd
CY2024Q2 stwd Provision For Loan Losses Net
ProvisionForLoanLossesNet
42709000 usd
CY2024Q2 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-285000 usd
CY2024Q2 us-gaap Costs And Expenses
CostsAndExpenses
491176000 usd
CY2024Q2 us-gaap Variable Interest Entity Activity Between Vie And Entity Income Or Loss Before Tax
VariableInterestEntityActivityBetweenVIEAndEntityIncomeOrLossBeforeTax
17180000 usd
CY2024Q2 stwd Fair Value Of Service Rights Gain Loss
FairValueOfServiceRightsGainLoss
895000 usd
CY2024Q2 us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
367000 usd
CY2024Q2 stwd Gain Loss On Mortgage Loans Held For Sale
GainLossOnMortgageLoansHeldForSale
64421000 usd
CY2024Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1670000 usd
CY2024Q2 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
986000 usd
CY2024Q2 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
6885000 usd
CY2024Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-1105000 usd
CY2024Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-2792000 usd
CY2024Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
94953000 usd
CY2024Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
93603000 usd
CY2024Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
15878000 usd
CY2024Q2 us-gaap Profit Loss
ProfitLoss
77725000 usd
CY2024Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-165000 usd
CY2024Q2 us-gaap Net Income Loss
NetIncomeLoss
77890000 usd
CY2023Q2 us-gaap Interest And Fee Income Loans Commercial
InterestAndFeeIncomeLoansCommercial
455849000 usd
CY2023Q2 us-gaap Interest Income Securities Mortgage Backed
InterestIncomeSecuritiesMortgageBacked
18919000 usd
CY2023Q2 us-gaap Fees And Commissions Mortgage Banking And Servicing
FeesAndCommissionsMortgageBankingAndServicing
6342000 usd
CY2023Q2 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
32307000 usd
CY2023Q2 us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
2252000 usd
CY2023Q2 us-gaap Revenues
Revenues
515669000 usd
CY2023Q2 stwd Management Fees
ManagementFees
30978000 usd
CY2023Q2 us-gaap Interest Expense
InterestExpense
363332000 usd
CY2023Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
43156000 usd
CY2023Q2 us-gaap Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
11467000 usd
CY2023Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
12323000 usd
CY2023Q2 stwd Provision For Loan Losses Net
ProvisionForLoanLossesNet
121925000 usd
CY2023Q2 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-271000 usd
CY2023Q2 us-gaap Costs And Expenses
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