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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Revenues:      
Interest income from loans $ 1,518,509 $ 1,698,067 $ 1,804,104
Interest income from investment securities 34,461 66,805 76,524
Servicing fees 86,543 55,199 33,121
Rental income 182,440 107,998 127,666
Other revenues 22,336 18,774 8,493
Total revenues 1,844,289 1,946,843 2,049,908
Costs and expenses:      
Management fees 137,265 145,177 141,543
Interest expense 1,276,987 1,348,693 1,436,107
General and administrative 208,809 199,236 180,212
Costs of rental operations 60,801 48,237 44,842
Depreciation and amortization 78,981 41,306 49,141
Credit loss provision, net 19,370 197,400 243,728
Other expense 4,349 2,023 2,745
Total costs and expenses 1,786,562 1,982,072 2,098,318
Other income (loss):      
Change in net assets related to consolidated VIEs 154,758 75,706 181,688
Change in fair value of servicing rights 5,890 3,006 1,594
Change in fair value of investment securities, net 2,187 1,014 767
Change in fair value of mortgage loans, net 184,440 75,880 62,702
Income from affordable housing fund investments   102,141  
Earnings from unconsolidated entities 14,553 13,096 16,722
Gain on sale of investments and other assets, net 42,913 100,710 25,729
(Loss) gain on derivative financial instruments, net (127,268) 157,934 (38,605)
Foreign currency gain (loss), net 112,944 (73,928) 60,834
Gain (loss) on extinguishment of debt, net 17,681 (3,940) (1,238)
Other loss, net (32,966) (10,381) (135,552)
Total other income (loss) 422,085 441,238 465,885
Income before income taxes 479,812 406,009 417,475
Income tax (provision) benefit (36,719) (25,432) 682
Net income 443,093 380,577 418,157
Net income attributable to non-controlling interests (31,549) (20,644) (78,944)
Net income attributable to Starwood Property Trust, Inc. $ 411,544 $ 359,933 $ 339,213
Earnings per share data attributable to Starwood Property Trust, Inc.:      
Basic (in dollars per share) $ 1.15 $ 1.10 $ 1.07
Diluted (in dollars per share) $ 1.15 $ 1.10 $ 1.07
Primary beneficiary      
Other income (loss):      
Income from affordable housing fund investments $ 46,953 $ 102,141 $ 291,244