BLACKSTONE REAL ESTATE INCOME TRUST, INC. Financial Statements (2024 and earlier)

Company Profile

Business Address 345 PARK AVENUE
NEW YORK, NY 10154
State of Incorp. MD
Fiscal Year End December 31
Industry (SIC) 6798 - Real Estate Investment Trusts (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

9/30/2023
MRQ
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments9,813,11413,211,2734,899,6944,727,5292,328,002946,908
Cash and cash equivalents1,281,292989,674333,388204,26968,08931,166
Short-term investments8,531,82212,221,5994,566,3064,523,2602,259,913915,742
Total current assets:9,813,11413,211,2734,899,6944,727,5292,328,002946,908
Noncurrent Assets
Finance lease, right-of-use asset, after accumulated amortization72,87272,86256,00856,008
Operating lease, right-of-use asset1,090,782461,186114,535114,011
Property, plant and equipment2,300,000963,7008,121,7766,017,3232,144,395638,333
Intangible assets, net (including goodwill)2,658,8522,154,530765,202691,409304,467114,520
Intangible assets, net (excluding goodwill)2,658,8522,154,530765,202691,409304,467114,520
Total noncurrent assets:6,122,5063,652,2789,057,5216,878,7512,448,862752,853
Other undisclosed assets126,751,80474,444,66026,726,80021,433,5438,460,2942,925,547
TOTAL ASSETS:142,687,42491,308,21140,684,01533,039,82313,237,1584,625,308
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Long-term debt and lease obligation64,962,70341,327,38819,976,16116,929,659  
Long-term debt, excluding current maturities64,962,70341,327,38819,976,16116,929,659  
Total noncurrent liabilities:64,962,70341,327,38819,976,16116,929,659  
Other undisclosed liabilities26,970,54710,200,2274,493,8475,474,3679,312,9713,115,419
Total liabilities:91,933,25051,527,61524,470,00822,404,0269,312,9713,115,419
Temporary equity, carrying amount553,423750,67030,05621,1499,233250
Equity
Equity, attributable to parent, including:44,455,26436,645,40315,852,72610,305,1323,744,2861,485,791
Additional paid in capital53,212,49442,249,09419,059,04511,716,7214,327,4441,616,720
Accumulated other comprehensive income (loss)393,928(9,569)    
Accumulated deficit(9,196,019)(5,631,014)(3,224,318)(1,422,885)(587,548)(132,633)
Other undisclosed equity, attributable to parent44,86136,89217,99911,2964,3901,704
Equity, attributable to noncontrolling interest5,745,4872,384,523331,225309,516170,66823,848
Total equity:50,200,75139,029,92616,183,95110,614,6483,914,9541,509,639
TOTAL LIABILITIES AND EQUITY:142,687,42491,308,21140,684,01533,039,82313,237,1584,625,308

Income Statement (P&L) ($ in thousands)

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Revenues7,646,3783,696,6712,551,6481,686,272723,258157,932
Revenue, net157,932
Operating lease, lease income6,564,119   
Cost of revenue
(Cost of Goods and Services Sold)
(3,425,804)(1,508,715)(1,013,251)(774,676)(340,341)(20,417)
Gross profit:4,220,5742,187,9561,538,397911,596382,917137,515
Other undisclosed operating income (loss)(363,480)1,588,34634,110213,06255,323(33,366)
Operating income:3,857,0943,776,3021,572,5071,124,658438,240104,149
Nonoperating income (expense)464,047752,108(588,228)(234,119)(176,962)(18,624)
Investment income, nonoperating  205,980    
Other nonoperating income (expense)(88,725)891,75454,2322,26048957
Interest and debt expense(11,476)(851,614)(725,515)(487,517)(233,184)(36,884)
Income from continuing operations before equity method investments, income taxes:4,309,6653,676,796258,764403,02228,09448,641
Income from equity method investments  205,98088,571   
Income from continuing operations before income taxes:4,309,6653,882,776347,335403,02228,09448,641
Income tax expense (benefit)  (300)5,800   
Income from continuing operations:4,309,6653,882,476353,135403,02228,09448,641
Income before gain (loss) on sale of properties:3,882,476353,135403,02228,09448,641
Other undisclosed net loss(5,389,973)(4,718,640)(1,220,537)(817,265)(319,559)(136,191)
Net loss:(1,080,308)(836,164)(867,402)(414,243)(291,465)(87,550)
Net income attributable to noncontrolling interest      1,292
Other undisclosed net income attributable to parent196,78931,38114,00312,47210,409 
Net income (loss) available to common stockholders, diluted:(883,519)(804,783)(853,399)(401,771)(281,056)(86,258)

Comprehensive Income ($ in thousands)

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Net loss:(1,080,308)(836,164)(867,402)(414,243)(291,465)(87,550)
Other comprehensive income (loss)507,052(9,569)    
Comprehensive income (loss):(573,256)(845,733)(867,402)(414,243)(291,465)(87,550)
Comprehensive income, net of tax, attributable to noncontrolling interest     1,292
Other undisclosed comprehensive income, net of tax, attributable to parent93,23431,381    
Comprehensive income (loss), net of tax, attributable to parent:(480,022)(814,352)(867,402)(414,243)(291,465)(86,258)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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