Blackstone mortgage trust, inc. (BXMT)
Balance Sheet / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Dec'10
Assets
Cash and cash equivalents

355

150

84

80

79

105

86

107

57

69

61

33

64

75

94

181

110

96

138

104

18

51

63

120

70

52

10

59

15

15

38

34

37

34

28

28

24

Restricted cash

-

-

-

-

-

-

-

-

17

32

32

34

-

-

0

0

0

9

9

7

26

11

10

11

10

10

76

21

12

14

-

-

-

12

-

-

-

Loans receivable

16,250

16,164

14,755

14,280

14,508

14,191

12,176

12,214

11,081

10,056

9,637

9,587

8,721

8,692

8,347

9,090

9,313

9,077

9,377

10,131

4,943

4,428

3,906

3,488

2,710

2,047

1,362

830

139

141

0

1

17

838

24

28

606

Current expected credit loss reserve

112

112

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Equity investment in unconsolidated subsidiary

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

2

-

9

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Securities held-to-maturity

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

361

-

-

3

Loans held-for-sale, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3

1

-

-

-

-

30

-

-

5

Securities, at fair value

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

11

-

-

-

-

-

-

-

-

Loans receivable, at fair value

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

66

117

150

0

-

-

-

-

-

-

-

Investment in CT Legacy Asset, at fair value

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

132

-

-

-

0

-

-

-

Real estate held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10

-

-

-

Equity investments in unconsolidated subsidiaries

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2

-

7

7

11

10

14

14

23

22

25

23

20

13

18

17

16

10

10

9

8

Other assets

152

236

243

203

208

170

155

60

55

99

45

63

168

44

66

212

127

184

-

-

-

70

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3

2

2

1

1

1

0

Accrued interest receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2

Accrued interest receivable, prepaid expenses, and other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

319

216

85

-

103

120

79

80

36

30

13

5

-

-

-

65

-

-

-

Prepaid expenses and other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2

2

1

-

2

1

9

Subtotal assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

62

59

76

-

67

70

661

Total Assets

16,758

16,551

15,082

14,565

14,796

14,467

12,419

12,382

11,211

10,258

9,776

9,719

8,954

8,812

8,510

9,488

9,554

9,376

9,851

10,466

5,085

4,572

4,098

3,754

2,894

2,212

1,577

1,087

365

322

581

584

605

1,366

1,539

2,365

4,120

Liabilities and Equity
Accounts payable, accrued expenses, and other liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

99

-

95

83

62

61

83

71

66

97

47

36

30

21

17

12

14

11

7

8

6

Secured debt agreements, net

9,335

10,054

8,790

8,257

9,208

8,974

6,841

7,022

5,996

5,273

6,079

5,806

5,760

5,716

5,320

6,198

6,311

6,116

6,585

7,088

-

2,353

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Revolving repurchase facilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,241

-

1,669

-

-

863

-

-

-

-

-

-

-

-

-

-

-

Asset-specific repurchase agreements

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

407

-

226

-

-

245

-

-

-

-

-

-

-

-

-

-

-

Mezzanine loan, net of unamortized discount

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

55

-

-

-

Loan participations sold, net

-

-

-

-

107

94

81

152

117

80

33

367

354

348

409

422

476

497

507

635

708

496

447

461

90

90

-

-

-

-

0

1

17

116

24

28

259

Securitized debt obligations, net

2,239

1,187

1,288

1,287

1,286

1,285

1,284

1,283

1,282

1,282

474

474

-

0

-

-

-

-

-

-

-

-

-

-

39

-

74

74

136

139

-

-

-

1,211

-

-

-

Secured term loan, net

734

736

490

491

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

98

Junior subordinated notes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

132

Secured notes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9

8

8

8

8

8

8

7

7

7

-

Repurchase obligations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,779

1,529

-

643

165

20

-

-

-

-

58

-

-

372

Convertible notes, net

613

613

612

611

610

609

780

779

778

563

562

448

167

166

166

165

164

164

163

163

162

161

161

160

160

159

-

-

-

-

-

-

-

-

-

-

-

Other liabilities

159

175

139

140

132

128

123

115

109

140

101

116

176

87

110

193

-

93

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest rate swap liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6

-

-

-

-

33

-

-

8

Subtotal liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

26

22

39

-

40

44

877

Total Liabilities

13,083

12,767

11,321

10,788

11,344

11,092

9,111

9,353

8,284

7,341

7,251

7,212

6,458

6,319

6,006

6,979

7,052

6,870

7,351

7,970

3,583

3,071

2,588

2,472

1,885

1,456

773

285

202

168

543

561

588

1,495

1,650

2,481

4,531

Commitments and contingencies

-

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

-

-

-

0

-

-

-

-

-

-

0

-

0

0

0

0

-

0

0

Equity
Class A common stock, $0.01 par value, 200,000,000 shares authorized, 135,355,320 and 135,003,662 shares issued and outstanding as of March 31, 2020 and December 31, 2019, respectively

1

1

1

1

1

1

1

1

1

1

0

0

0

0

0

-

-

0

-

-

0

-

0

0

0

0

0

0

0

0

0

0

-

0

-

-

-

Additional paid-in capital

4,378

4,370

4,362

4,354

4,039

3,966

3,898

3,624

3,515

3,506

3,109

3,102

3,096

3,089

3,084

3,079

3,074

3,070

3,066

3,063

2,030

2,027

2,022

1,767

1,510

1,252

1,242

1,242

609

609

597

597

597

597

596

596

559

Accumulated other comprehensive income (loss)

18

-16

-33

-29

-30

-34

-32

-32

-21

-29

-32

-40

-52

-56

-46

-42

-33

-32

-27

-19

-31

-15

-6

2

0

0

-

-

-

-

-31

-33

-35

-40

-38

-40

-50

Accumulated deficit

-747

-592

-587

-579

-570

-569

-566

-570

-573

-567

-558

-556

-548

-541

-535

-542

-547

-545

-552

-561

-542

-547

-538

-531

-542

-536

-529

-530

-533

-535

-591

-598

-600

-667

-658

-667

-920

Total Blackstone Mortgage Trust, Inc. stockholders' equity

3,650

3,762

3,742

3,747

3,439

3,364

3,300

3,023

2,921

2,911

2,519

-

-

2,493

2,503

2,496

2,495

2,492

2,487

2,483

1,456

1,465

1,477

1,239

970

717

713

712

76

73

-24

-34

-38

-110

-100

-110

-411

Non-controlling interests

23

22

17

29

12

10

7

5

5

6

6

-

-

-

1

12

6

13

13

12

45

35

32

42

38

38

90

88

86

80

62

56

55

-18

-10

-5

-

Total Equity

3,674

3,784

3,760

3,776

3,451

3,374

3,307

3,028

2,926

2,917

2,525

2,506

2,495

2,493

2,504

2,509

2,501

2,505

2,500

2,495

1,502

1,500

1,509

1,282

1,008

756

803

801

162

153

37

22

16

-128

-110

-

-411

Total Liabilities and Equity

16,758

16,551

15,082

14,565

14,796

14,467

12,419

12,382

11,211

10,258

9,776

9,719

8,954

8,812

8,510

9,488

9,554

9,376

9,851

10,466

5,085

4,572

4,098

3,754

2,894

2,212

1,577

1,087

365

322

581

584

605

1,366

1,539

2,365

4,120