XML 134 R117.htm IDEA: XBRL DOCUMENT v3.25.4
Earnings per Share - Reconciliation of Net Income and Number of Shares used in Computation of Earnings Per Share (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Basic Earnings      
Income attributable to STWD common stockholders $ 411,544 $ 359,933 $ 339,213
Less: Income attributable to participating shares not already deducted as non-controlling interests (9,188) (7,201) (6,412)
Basic earnings 402,356 352,732 332,801
Diluted Earnings      
Income attributable to STWD common stockholders 411,544 359,933 339,213
Less: Income attributable to participating shares not already deducted as non-controlling interests (9,188) (7,201) (6,412)
Diluted earnings $ 402,356 $ 352,732 $ 332,801
Number of Shares:      
Basic - Average shares outstanding (in shares) 349,687 319,921 309,771
Effect of dilutive securities - Contingently issuable shares (in shares) 95 331 450
Effect of dilutive securities - Unvested non-participating shares (in shares) 209 317 286
Diluted - Average shares outstanding (in shares) 349,991 320,569 310,507
Earnings Per Share Attributable to STWD Common Stockholders:      
Basic (in dollars per share) $ 1.15 $ 1.10 $ 1.07
Diluted (in dollars per share) $ 1.15 $ 1.10 $ 1.07