STARWOOD PROPERTY TRUST, INC.
For the period ended Jun 30, 2025. Filed Aug 7, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2025 · Filed Aug 7, 2025
STWD$12.050.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Table of Contents
| Page | ||
|---|---|---|
| Part I · Financial Information | ||
| Item 1. | Financial Statements | 4 |
| Condensed Consolidated Balance Sheets | 4 | |
| Condensed Consolidated Statements of Operations | 5 | |
| Condensed Consolidated Statements of Comprehensive Income | 6 | |
| Condensed Consolidated Statements of Equity | 7 | |
| Condensed Consolidated Statements of Cash Flows | 9 | |
| Notes to Condensed Consolidated Financial Statements | 11 | |
| Note 1 Business and Organization | 11 | |
| Note 2 Summary of Significant Accounting Policies | 12 | |
| Note 3 Acquisitions and Divestitures | 19 | |
| Note 4 Loans | 20 | |
| Note 5 Investment Securities | 25 | |
| Note 6 Properties | 28 | |
| Note 7 Investments of Consolidated Affordable Housing Fund | 30 | |
| Note 8 Investments in Unconsolidated Entities | 30 | |
| Note 9 Goodwill and Intangibles | 31 | |
| Note 10 Secured Borrowings | 33 | |
| Note 11 Unsecured Senior Notes | 38 | |
| Note 12 Loan Securitization/Sale Activities | 39 | |
| Note 13 Derivatives and Hedging Activity | 41 | |
| Note 14 Offsetting Assets and Liabilities | 42 | |
| Note 15 Variable Interest Entities | 43 | |
| Note 16 Related-Party Transactions | 44 | |
| Note 17 Stockholders’ Equity and Non-Controlling Interests | 47 | |
| Note 18 Earnings per Share | 50 | |
| Note 19 Accumulated Other Comprehensive Income | 51 | |
| Note 20 Fair Value | 52 | |
| Note 21 Income Taxes | 60 | |
| Note 22 Commitments and Contingencies | 60 | |
| Note 23 Segment Data | 61 | |
| Note 24 Subsequent Events | 67 | |
| Item 2. | Management’s Discussion and Analysis of Financial Condition and Results of Operations | 68 |
| Item 3. | Quantitative and Qualitative Disclosures about Market Risk | 101 |
| Item 4. | Controls and Procedures | 103 |
| Part II | Other Information | |
| Item 1. | Legal Proceedings | 104 |
| Item 1A. | Risk Factors | 104 |
| Item 2. | Unregistered Sales of Equity Securities and Use of Proceeds | 104 |
| Item 3. | Defaults Upon Senior Securities | 104 |
| Item 4. | Mine Safety Disclosures | 104 |
| Item 5. | Other Information | 104 |
| Item 6. | Exhibits | 105 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.