Blackstone Mortgage Trust, Inc. (BXMT) Financial Statements (2023 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 investments | 291,340 | 551,154 | 289,970 | 150,090 | 105,662 | 69,654 | |||
| Cash and cash equivalents | 291,340 | 551,154 | 289,970 | 150,090 | 105,662 | 69,654 | |||
| Prepaid expense | 376 | 376 | 6 | 31 | |||||
| Total current assets: | 291,340 | 551,154 | 290,346 | 150,466 | 105,668 | 69,685 | |||
| Noncurrent Assets | |||||||||
| Other undisclosed assets | 25,062,645 | 22,152,135 | 16,668,609 | 16,401,405 | 14,361,707 | 10,189,140 | |||
| TOTAL ASSETS: | 25,353,985 | 22,703,289 | 16,958,955 | 16,551,871 | 14,467,375 | 10,258,825 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 2,114,549 | 1,327,406 | 1,062,766 | 746,878 | |||||
| Long-term debt, excluding current maturities | 2,114,549 | 1,327,406 | 1,062,766 | 746,878 | |||||
| Total noncurrent liabilities: | 2,114,549 | 1,327,406 | 1,062,766 | 746,878 | |||||
| Other undisclosed liabilities | 18,695,236 | 16,757,172 | 11,991,958 | 12,020,312 | 11,092,768 | 7,341,419 | |||
| Total liabilities: | 20,809,785 | 18,084,578 | 13,054,724 | 12,767,190 | 11,092,768 | 7,341,419 | |||
| Equity | |||||||||
| Equity, attributable to parent | 4,518,794 | 4,588,187 | 3,886,067 | 3,762,583 | 3,364,124 | 2,911,066 | |||
| Common stock | 1,717 | 1,682 | 1,468 | 1,350 | 1,234 | 1,079 | |||
| Additional paid in capital | 5,475,804 | 5,373,029 | 4,702,713 | 4,370,014 | 3,966,540 | 3,506,861 | |||
| Accumulated other comprehensive income (loss) | 10,022 | 8,308 | 11,170 | (16,233) | (34,222) | (29,706) | |||
| Accumulated deficit | (968,749) | (794,832) | (829,284) | (592,548) | (569,428) | (567,168) | |||
| Equity, attributable to noncontrolling interest | 25,406 | 30,524 | 18,164 | 22,098 | 10,483 | 6,340 | |||
| Total equity: | 4,544,200 | 4,618,711 | 3,904,231 | 3,784,681 | 3,374,607 | 2,917,406 | |||
| TOTAL LIABILITIES AND EQUITY: | 25,353,985 | 22,703,289 | 16,958,955 | 16,551,871 | 14,467,375 | 10,258,825 | |||
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 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues (Net Investment Income) | 81,748 | 68,905 | 56,844 | 57,926 | 47,093 | 38,373 | ||
| Cost of revenue (Provision for Loan, Lease, and Other Losses) | (167,653) | |||||||
| Gross profit: | 81,748 | 68,905 | (110,809) | 57,926 | 47,093 | 38,373 | ||
| Operating expenses | (162,485) | (131,635) | (123,787) | (117,289) | (110,363) | (84,763) | ||
| Operating loss: | (80,737) | (62,730) | (234,596) | (59,363) | (63,270) | (46,390) | ||
| Interest and debt expense | (710,904) | (340,223) | (347,471) | (458,503) | (359,625) | (234,870) | ||
| Loss from continuing operations before equity method investments, income taxes: | (791,641) | (402,953) | (582,067) | (517,866) | (422,895) | (281,260) | ||
| Other undisclosed income from continuing operations before income taxes | 1,045,701 | 825,649 | 722,804 | 824,753 | 709,016 | 499,542 | ||
| Income from continuing operations before income taxes: | 254,060 | 422,696 | 140,737 | 306,887 | 286,121 | 218,282 | ||
| Income tax expense (benefit) | (3,003) | (423) | (323) | 506 | (308) | (314) | ||
| Income from continuing operations: | 251,057 | 422,273 | 140,414 | 307,393 | 285,813 | 217,968 | ||
| Income before gain (loss) on sale of properties: | ✕ | ✕ | 422,273 | 140,414 | 307,393 | 285,813 | 217,968 | |
| Net income: | 251,057 | 422,273 | 140,414 | 307,393 | 285,813 | 217,968 | ||
| Net loss attributable to noncontrolling interest | (2,415) | (3,080) | (2,744) | (1,826) | (735) | (337) | ||
| Net income available to common stockholders, basic: | 248,642 | 419,193 | 137,670 | 305,567 | 285,078 | 217,631 | ||
| Interest on convertible debt | ||||||||
| Other undisclosed net loss available to common stockholders, diluted | ||||||||
| Net income available to common stockholders, diluted: | 248,642 | 419,193 | 137,670 | 305,567 | 285,078 | 217,631 | ||
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 income: | 251,057 | 422,273 | 140,414 | 307,393 | 285,813 | 217,968 | ||
| Other comprehensive income (loss) | 1,714 | (2,862) | 27,403 | 17,989 | (4,516) | 26,496 | ||
| Comprehensive income: | 252,771 | 419,411 | 167,817 | 325,382 | 281,297 | 244,464 | ||
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (2,415) | (3,080) | (2,744) | (1,826) | (735) | (337) | ||
| Comprehensive income, net of tax, attributable to parent: | 250,356 | 416,331 | 165,073 | 323,556 | 280,562 | 244,127 | ||
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.