Starwood Property Trust, Inc. STWD Balance Sheet

Starwood property trust, inc. (STWD)

Balance Sheet / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10
Assets:
Cash and cash equivalents
811	478	284	334	412	239	265	235	286	369	413	261	222	615	501	404	335	368	372	446	360	255	327	518	226	317	536	366	173	177	144	192	132	114	84	96	122	226
Restricted cash
119	95	110	181	133	248	124	89	93	48	54	43	40	35	51	41	48	23	43	26	39	48	45	44	43	69	82	69	41	3	-	-	-	-	-	-	-	-
Loans held-for-investment, net of credit loss allowances of $97,187 and $33,415 ($274,758 and $671,572 held at fair value)
10,488	10,586	8,919	8,764	8,964	8,532	8,500	6,928	6,182	6,562	6,382	6,211	6,230	5,847	5,232	5,693	6,187	5,973	5,814	5,915	6,040	5,779	5,198	4,885	4,634	4,363	3,790	2,935	2,530	2,914	2,580	2,170	2,333	2,268	1,816	1,839	1,524	1,230
Loans held-for-sale ($1,073,039 and $764,622 held at fair value)
1,174	884	1,442	1,586	1,144	1,187	1,326	1,092	723	745	608	610	340	63	347	237	154	203	450	367	343	391	248	154	186	206	345	586	378	-	-	-	-	128	121	296	206	144
Cash collateral under treasury securities loan agreement
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	112	-
Loans transferred as secured borrowings
-	-	-	-	-	74	74	74	74	74	74	-	35	35	100	93	88	86	142	135	95	129	142	142	143	180	85	85	85	85	86	50	50	50	50	50	50	50
Investment securities, net of credit loss allowances of $5,037 and $0 ($212,121 and $239,600 held at fair value)
777	810	809	849	910	906	763	441	514	718	701	748	730	807	854	898	649	724	786	877	1,021	998	894	902	923	935	566	749	-	884	-	-	-	-	-	-	-	-
Properties, net
2,253	2,266	2,729	2,771	2,769	2,784	2,888	2,936	2,988	2,647	2,521	1,960	1,937	1,944	1,237	1,232	1,154	919	530	397	-	39	-	-	-	749	548	355	-	99	-	-	-	-	-	-	-	-
Properties held-for-sale
-	-	-	-	-	-	52	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Intangible assets ($16,524 and $16,917 held at fair value)
82	85	119	129	136	145	153	166	179	183	181	191	202	219	155	177	180	201	191	175	138	144	145	156	168	177	187	190	-	-	-	-	-	-	-	-	-	-
Non-performing residential loans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	215	197	192	-	68	-	-	-	-	-	-	-	-
Investment in unconsolidated entities
87	84	126	119	124	171	168	166	160	185	243	229	201	204	185	200	196	199	199	204	209	193	110	118	104	122	138	133	-	32	-	-	-	-	-	-	-	-
Goodwill
259	259	259	259	259	259	256	140	140	140	140	140	140	140	140	140	140	140	140	140	140	140	140	140	140	140	107	100	-	-	-	-	-	-	-	-	-	-
Receivable for securities sold
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	206	-	-	-	-	-	-	-	-	22
Derivative assets
101	28	81	53	47	52	59	50	41	33	38	46	71	89	34	42	36	45	36	25	58	26	13	4	4	7	9	21	14	9	11	9	9	12	3	3	1	0
Mortgage-backed securities, available-for-sale, at fair value
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	635	-	866	908	644	341	352	282	335	397
Securities, held to maturity
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	37	-	-	-	-	-	-	-	-	-
Other investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	430	-	75	71	44	44	43	43	19	14
Accrued interest receivable
58	64	51	61	60	60	52	54	41	47	35	33	32	28	26	30	35	34	36	38	39	40	35	37	34	37	20	25	20	24	18	19	15	15	14	11	10	9
Other assets
203	211	250	166	227	152	198	177	467	138	112	163	107	101	128	118	111	102	137	116	128	95	123	165	111	95	98	87	56	25	22	38	11	21	11	24	7	5
Variable interest entity ("VIE") assets, at fair value
-	-	59,249	57,667	56,974	-	48,034	48,044	49,233	51,045	51,197	53,902	60,185	67,123	73,923	80,076	85,115	76,675	82,937	92,719	103,363	107,816	109,468	114,091	118,451	103,151	97,359	97,284	-	-	-	-	-	-	-	-	-	-
Total Assets
77,577	78,042	74,434	72,947	72,165	68,262	62,921	60,600	61,126	62,941	62,706	64,542	70,478	77,256	82,921	89,386	94,436	85,698	91,819	101,585	111,980	116,099	116,893	121,363	125,172	110,770	104,074	103,185	4,610	4,324	3,805	3,461	3,241	2,997	2,497	2,648	2,392	2,101
Liabilities and Equity
Liabilities:
Payable for unsettled securities purchased
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	112	47
Accounts payable, accrued expenses and other liabilities
221	212	234	221	193	217	214	189	157	185	203	171	151	198	174	140	139	156	137	141	112	144	154	140	137	225	189	175	18	30	8	5	5	5	5	7	5	5
Related-party payable
39	40	24	21	23	44	25	25	31	42	29	22	25	37	23	20	24	40	22	24	27	40	24	24	29	17	26	20	11	1	12	11	13	8	7	8	7	5
Dividends payable
137	137	137	136	135	133	132	126	126	125	125	126	126	125	115	115	114	114	115	115	108	108	108	108	95	90	90	76	60	73	51	51	41	41	41	41	30	29
Derivative liabilities
5	8	4	8	10	15	35	36	57	36	22	8	1	3	12	17	16	5	14	6	11	5	5	26	18	24	32	16	17	27	25	14	16	19	21	19	12	9
Secured financing agreements, net
9,689	8,906	8,248	9,284	9,234	8,683	8,586	6,216	5,554	5,773	5,514	4,750	4,414	4,154	4,122	4,476	4,480	3,980	3,682	3,579	3,711	3,137	2,708	2,561	2,601	2,257	1,312	1,707	1,027	1,305	1,309	1,065	1,308	1,103	604	697	804	579
Collateralized loan obligations, net
928	928	927	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unsecured senior notes, net
1,930	1,928	1,926	1,924	1,922	1,998	2,024	2,255	2,252	2,125	2,044	2,039	2,033	2,011	1,339	1,334	1,329	1,323	1,320	1,315	1,324	1,418	1,006	1,003	1,000	997	995	562	560	-	-	-	-	-	-	-	-	-
Secured borrowings on transferred loans, net
-	-	-	-	-	74	74	74	74	74	74	-	35	35	102	94	89	88	143	137	95	129	142	142	143	181	86	87	87	87	88	52	52	53	53	53	53	54
Loan participation liability
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	95	95	-	-	-	-	-	-	-	-	-	-
VIE liabilities, at fair value
-	-	58,018	56,446	55,727	-	46,945	46,976	48,167	50,000	50,150	52,864	59,147	66,130	72,924	79,087	84,151	75,817	82,181	92,046	102,708	107,232	108,879	113,541	117,931	102,649	96,934	96,855	-	-	-	-	-	-	-	-	-	-
Deferred offering costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	27	27
Other liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	47	-	7	10	11	1	7	20	2	7
Total Liabilities
72,759	72,905	69,521	68,044	67,248	63,362	58,039	55,901	56,422	58,362	58,166	59,982	65,935	72,696	78,815	85,286	90,345	81,527	87,618	97,366	108,100	112,216	113,029	117,548	121,956	106,443	99,761	99,597	1,830	1,527	1,504	1,212	1,449	1,232	741	848	1,056	764
Commitments and contingencies (Note 21)
-	-	-	-	-	-	0	0	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0
Starwood Property Trust, Inc. Stockholders' Equity:
Preferred stock, $0.01 per share, 100,000,000 shares authorized, no shares issued and outstanding
-	-	-	-	-	-	0	0	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Common stock, $0.01 per share, 500,000,000 shares authorized, 289,349,439 issued and 282,243,878 outstanding as of March 31, 2020 and 287,380,891 issued and 282,200,751 outstanding as of December 31, 2019
2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	1	1	1	1	1	1	1	1	0	0	0	0	0	0
Additional paid-in capital
5,159	5,132	5,121	5,103	5,080	4,995	4,963	4,738	4,728	4,715	4,705	4,697	4,689	4,691	4,230	4,220	4,210	4,192	4,184	4,173	3,837	3,835	3,793	3,784	3,192	4,300	4,295	3,580	2,754	2,721	2,297	2,294	1,832	1,828	1,825	1,821	1,341	1,337
Treasury stock (7,105,561 shares and 5,180,140 shares)
133	104	104	104	104	104	104	104	104	92	92	92	92	92	92	92	92	72	61	32	23	23	23	10	10	10	10	10	10	10	10	10	10	10	5	-	-	-
Accumulated other comprehensive income
35	50	52	57	55	58	67	68	75	69	65	55	40	36	40	32	33	29	39	45	39	55	69	74	80	75	69	60	70	79	62	12	10	-3	-9	5	3	8
Accumulated deficit
-616	-381	-417	-421	-413	-348	-308	-260	-243	-217	-184	-146	-138	-115	-112	-103	-100	-12	5	4	2	-9	7	-49	-59	-84	-85	-84	-70	-72	-54	-53	-46	-55	-54	-27	-18	-19
Total Starwood Property Trust, Inc. Stockholders' Equity
4,448	4,700	4,655	4,637	4,621	4,603	4,621	4,444	4,458	4,478	4,496	4,517	4,501	4,522	4,068	4,060	4,054	4,140	4,170	4,193	3,857	3,860	3,849	3,801	3,204	4,282	4,270	3,546	2,745	2,719	2,295	2,243	1,786	1,759	1,755	1,799	1,327	1,327
Non-controlling interests in consolidated subsidiaries
369	436	257	265	295	296	261	254	246	100	42	43	41	37	36	39	36	30	30	25	22	22	14	13	11	44	43	41	34	77	5	5	5	5	0	0	8	9
Total Equity
4,817	5,137	4,913	4,903	4,916	4,900	4,882	4,699	4,704	4,579	4,539	4,560	4,543	4,560	4,105	4,100	4,090	4,170	4,201	4,219	3,880	3,882	3,863	3,814	3,215	4,327	4,313	3,588	2,780	2,797	2,301	2,249	1,792	1,765	1,756	1,800	1,336	1,337
Total Liabilities and Equity
77,577	78,042	74,434	72,947	72,165	68,262	62,921	60,600	61,126	62,941	62,706	64,542	70,478	77,256	82,921	89,386	94,436	85,698	91,819	101,585	111,980	116,099	116,893	121,363	125,172	110,770	104,074	103,185	4,610	4,324	3,805	3,461	3,241	2,997	2,497	2,648	2,392	2,101
Primary beneficiary
Total Assets
61,157	62,187	-	-	-	53,446	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Liabilities
59,807	60,743	-	-	-	52,195	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-