For the year ending 2025-12-31, BXMT had $120,859K increase in cash & cash equivalents over the period.
| Cash Flow | 2025-12-31 |
|---|---|
| Net (loss) income | 109,669 |
| Non-cash compensation expense | 28,262 |
| Amortization of deferred fees on loans | 59,421 |
| Amortization of deferred financing costs and premiums/discounts on debt obligations | 38,387 |
| Payment-in-kind interest, net of interest received | 19,535 |
| Increase in current expected credit loss reserve | 112,486 |
| Straight-line rental income | -2,847 |
| Gain on extinguishment of debt | 0 |
| Depreciation and amortization of owned real estate | 68,840 |
| (income) loss from unconsolidated entities | 8,307 |
| Distributions of earnings from unconsolidated entities | 1,509 |
| Unrealized loss (gain) on derivative financial instruments, net | -2,741 |
| Realized gain on derivative financial instruments, net | 21,489 |
| Other assets | -30,452 |
| Other liabilities | -10,568 |
| Net cash provided by operating activities | 275,873 |
| Principal fundings of loans receivable | 5,617,406 |
| Principal collections, sales proceeds, and cost-recovery proceeds from loans receivable | 6,218,729 |
| Origination and other fees received on loans receivable | 70,713 |
| Payments under derivative financial instruments | 203,010 |
| Receipts under derivative financial instruments | 130,761 |
| Collateral deposited under derivative agreements | 433,280 |
| Return of collateral deposited under derivative agreements | 412,790 |
| Investment in unconsolidated entities | 207,119 |
| Capital expenditures on owned real estate | -12,773 |
| Net cash provided by investing activities | 359,405 |
| Borrowings under long-term debt-Secured Debt | 4,359,966 |
| Repayments and repurchases of long-term debt-Secured Debt | 4,437,917 |
| Proceeds from issuance of securitized debt obligations | 1,021,964 |
| Repayments and repurchases of long-term debt-Securitized Debt Obligation | 715,930 |
| Borrowings under long-term debt-Asset Specific Debt | 702,051 |
| Repayments and repurchases of long-term debt-Asset Specific Debt | 936,275 |
| Proceeds from sale of loan participations | 0 |
| Repayments of loan participations | 104,028 |
| Borrowings under long-term debt-Term Loan | 90,732 |
| Repayments and repurchases of long-term debt-Term Loan | 7,443 |
| Proceeds from issuance of senior secured notes | 0 |
| Repayments and repurchases of long-term debt-Senior Secured Notes | 0 |
| Repayments and repurchases of long-term debt-Convertible Debt | 0 |
| Payment of deferred financing costs | 53,800 |
| Contributions from non-controlling interests | 0 |
| Distributions to non-controlling interests | 1,501 |
| Dividends paid on class a common stock | 322,731 |
| Repurchases of class a common stock | 109,507 |
| Net cash used in financing activities | -514,419 |
| Net increase (decrease) in cash and cash equivalents | 120,859 |
| Cash and cash equivalents at beginning of period | 323,483 |
| Effect of exchange rate changes on cash | 8,184 |
| Cash and cash equivalents at end of period | 452,526 |
BLACKSTONE MORTGAGE TRUST, INC. (BXMT)
BLACKSTONE MORTGAGE TRUST, INC. (BXMT)