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Consolidated Statements of Operations (Unaudited) - USD ($)
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Income from loans and other investments        
Interest and related income $ 345,959,000 $ 430,092,000 $ 1,037,553,000 $ 1,382,367,000
Less: Interest and related expenses 247,055,000 321,744,000 754,015,000 1,004,854,000
Income from loans and other investments, net 98,904,000 108,348,000 283,538,000 377,513,000
Revenue from real estate owned 33,733,000 1,214,000 109,578,000 1,214,000
Gain on extinguishment of debt 0 2,389,000 0 5,352,000
Other income 74,000 0 395,000 0
Total net revenues 132,711,000 111,951,000 393,511,000 384,079,000
Expenses        
Management and incentive fees 16,849,000 18,605,000 51,120,000 56,258,000
General and administrative expenses 12,747,000 13,423,000 38,937,000 40,811,000
Expenses from real estate owned 43,100,000 2,684,000 137,198,000 3,647,000
Other expenses 6,000 0 6,000 0
Total expenses 72,702,000 34,712,000 227,261,000 100,716,000
Decrease (increase) in current expected credit loss reserve 987,000 (132,470,000) (94,111,000) (519,747,000)
Income from unconsolidated entities 3,924,000 0 1,035,000 0
Income (loss) before income taxes 64,920,000 (55,231,000) 73,174,000 (236,384,000)
Income tax provision 1,512,000 613,000 3,133,000 2,832,000
Net income (loss) 63,408,000 (55,844,000) 70,041,000 (239,216,000)
Net income attributable to non-controlling interests (11,000) (540,000) (32,000) (2,063,000)
Net income (loss) attributable to Blackstone Mortgage Trust, Inc. $ 63,397,000 $ (56,384,000) $ 70,009,000 $ (241,279,000)
Net income (loss) per share of common stock        
Basic (in dollars per share) $ 0.37 $ (0.32) $ 0.41 $ (1.39)
Diluted (in dollars per share) $ 0.37 $ (0.32) $ 0.41 $ (1.39)
Weighted Average Number of Shares Outstanding        
Basic (in shares) 171,812,685 173,637,101 171,903,127 173,881,116
Diluted (in shares) 171,812,685 173,637,101 171,903,127 173,881,116