Blackstone mortgage trust, inc. (BXMT)
Income statement / 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'11Mar'11Sep'10Jun'10
Income from loans and other investments
Interest and related income

862,795

882,679

868,099

857,333

825,443

756,109

696,138

639,477

574,823

537,915

508,076

489,820

493,466

497,974

510,072

520,243

470,253

410,635

340,507

252,532

214,517

184,766

153,346

121,813

85,364

53,164

32,842

20,933

21,679

34,939

50,397

69,095

94,886

117,161

135,467

149,350

0

0

0

Less: Interest and related expenses

444,000

458,500

451,471

437,469

408,311

359,600

321,660

291,596

258,215

234,900

213,368

190,850

185,563

184,270

186,111

192,067

173,636

152,416

127,570

96,144

81,230

69,143

59,224

43,728

29,314

18,017

10,726

11,466

15,573

38,138

50,495

67,186

94,069

96,974

111,938

121,753

0

0

0

Income from loans and other investments, net

418,741

424,176

416,615

419,851

417,119

396,484

374,508

347,911

316,638

303,045

294,708

298,970

307,903

313,704

323,961

328,176

296,617

258,219

212,937

156,388

133,287

115,623

94,122

78,085

56,050

35,147

22,116

9,467

6,106

-3,199

-98

1,909

817

20,187

23,529

27,597

0

0

0

Management fees from affiliates

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

0

Incentive management fees from affiliates

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

Servicing fees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

0

Total other revenues

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

0

Other expenses
Management and incentive fees

77,922

78,435

76,862

77,728

79,132

74,834

70,532

65,407

57,412

54,841

53,355

53,813

55,267

55,959

57,512

57,624

49,828

42,886

34,807

26,406

22,765

19,491

15,740

12,761

9,271

5,937

0

0

0

-

-

-

-

-

-

-

-

-

-

General and administrative expenses

41,332

38,854

38,582

37,284

36,134

35,529

33,600

32,576

31,202

29,922

28,946

28,941

28,349

27,716

29,043

26,924

35,841

36,709

34,532

32,605

32,263

27,799

27,331

25,578

12,729

11,505

10,152

12,528

11,588

10,369

-4,574

-3,624

-542

8,982

25,018

24,586

0

0

0

Total other expenses

119,254

117,289

115,444

115,012

115,266

110,363

104,132

97,983

88,614

84,763

82,301

82,754

83,616

83,675

86,555

84,548

85,669

79,595

69,339

59,011

55,028

47,290

43,071

38,339

22,000

17,442

13,568

13,511

11,651

10,369

-4,574

-3,624

-542

8,982

25,018

24,586

0

0

0

Gain on investments at fair value

-

-

-

-

-

-

-

-

-

-

-

-

-

13,420

13,273

10,367

4,557

21,967

27,762

29,624

32,073

13,258

8,068

10,288

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

Income from equity investment in unconsolidated subsidiary

-

-

-

-

-

-

-

-

-

-

-

-

-

3,187

8,313

6,270

7,986

11,798

29,971

0

0

-

-

0

-

-

-

-

-

1,781

2,857

2,753

3,390

3,649

3,160

3,785

0

0

0

Fair value adjustment on investment in CT Legacy Asset

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

Loss on deconsolidation of subsidiary

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

200,283

0

0

0

-

0

0

0

-

-

Total other-than-temporary impairments of securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

44,376

44,376

49,309

65,583

38,744

0

0

0

Portion of other-than-temporary impairments of securities recognized in other comprehensive income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-4,181

-4,354

-4,354

-1,243

9,019

7,340

0

0

0

Impairment of real estate held-for-sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

0

-

Net impairments recognized in earnings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9,508

41,077

41,077

49,121

79,657

50,084

0

0

0

Recovery of provision for loan losses

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

36,147

56,546

36,583

28,479

19,326

61,515

80,677

0

0

0

Valuation allowance on loans held-for-sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,259

0

0

0

-

-

-

0

-

0

0

-

0

-

Gain on extinguishment of debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

271,031

271,216

251,625

0

0

0

(Loss) income before income taxes

176,785

306,887

301,171

304,839

301,853

286,121

270,376

249,928

228,024

218,282

213,408

222,101

240,690

246,636

258,992

260,265

223,491

212,389

172,164

127,788

133,703

101,012

85,961

72,740

41,625

26,419

140,209

142,962

139,332

282,387

143,226

138,231

141,824

254,634

135,458

130,340

0

0

0

Income tax provision

-458

-506

-538

231

289

308

320

355

345

314

181

292

44

196

354

241

500

504

538

339

232

518

1,078

932

1,488

995

35

465

-89

174

678

276

1,337

1,425

1,770

0

0

0

-

Income from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

282,213

0

0

0

-

-

-

-

-

-

Loss from discontinued operations, net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2,138

0

0

0

-

-

-

-

-

-

Net (loss) income

177,243

307,393

301,709

304,608

301,564

285,813

270,056

249,573

227,679

217,968

213,227

221,809

240,646

246,440

258,638

260,024

222,991

211,885

171,626

127,449

133,471

100,494

84,883

71,808

40,137

25,424

138,628

141,002

137,585

279,804

140,795

136,151

139,024

252,319

133,688

128,334

0

0

0

Net income attributable to non-controlling interests

1,591

1,826

1,430

1,061

879

735

569

0

0

-

0

-

-

8,143

8,452

7,744

4,508

15,056

18,571

19,258

21,098

10,449

9,249

9,878

8,925

10,392

25,486

29,181

26,229

98,780

73,280

61,913

68,914

-5,823

0

0

0

-

-

Net (loss) income attributable to Blackstone Mortgage Trust, Inc.

175,652

305,567

300,279

303,547

300,685

285,078

269,326

248,883

227,184

217,631

213,115

220,187

232,655

238,297

250,186

252,280

218,483

196,829

153,055

108,191

112,373

90,045

75,634

61,930

31,212

15,032

113,142

111,821

111,356

181,024

67,515

74,238

70,110

258,142

131,753

120,933

0

0

0

Net (loss) income per share of common stock basic and diluted

-0.39

0.58

0.56

0.59

0.62

0.61

0.67

0.66

0.56

0.59

0.61

0.53

0.54

0.56

0.69

0.67

0.61

0.73

0.72

0.36

0.60

-

0.45

0.70

-

-

0.29

-

-

-

-

-

-

-

-

-

-

-

-

Weighted-average shares of common stock outstanding, basic and diluted

135,619

134,996

134,536

126,475

124,333

121,759

116,203

109,069

108,397

98,842

95,013

95,005

94,993

94,457

94,071

94,064

94,067

94,086

93,357

80,940

58,576

-

49,211

47,977

-

-

28,894

-

-

-

-

-

-

-

-

-

-

-

-

Income from continuing operations per share of common stock
Basic

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

44.65

3.00

1.15

29.39

-

-

-

-

-

-

Diluted

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

42.62

2.82

1.08

27.64

-

-

-

-

-

-

Loss from discontinued operations per share of common stock
Basic

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.65

0.02

-0.15

-0.25

-

-

-

-

-

-

Diluted

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.65

0.02

-0.15

-0.25

-

-

-

-

-

-

Net income per share of common stock
Basic

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.34

-

-

0.22

-1.03

44.00

3.02

1.00

29.14

102.05

0.60

-0.08

11.35

-6.02

0.13

Diluted

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.34

-

-

0.22

-1.03

41.97

2.84

0.93

27.39

96.25

0.57

-0.08

11.04

-6.02

0.13

Weighted-average shares of common stock outstanding
Basic

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

37,967

-

-

12,401

3,016

2,493

2,317

2,289

2,283

-58,824

22,730

22,723

22,435

22,389

22,344

Diluted

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

37,967

-

-

12,401

3,016

2,566

2,461

2,442

2,430

-60,333

24,121

22,723

23,068

22,389

22,667

Dividends declared per share of common stock

-

-

-

-

-

-

-

-

-

-

0.62

0.62

0.62

-

0.62

0.62

0.62

-

0.62

0.52

0.52

-

0.50

0.48

0.48

-

0.27

-

-

-

-

-

-

-

-

-

-

-

-