STARWOOD PROPERTY TRUST INC
For the period ended Sep 30, 2024. Filed Nov 6, 2024.
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.
Sep 30, 2024 · Filed Nov 6, 2024
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
Condensed Consolidated Statements of Equity
For the Three Months Ended September 30, 2024 and 2023
| Temporary Equity · Common stock · AdditionalPaid-inCapital · Treasury Stock · Retained Earnings · AccumulatedOtherComprehensiveIncome · TotalStarwood PropertyTrust, Inc.Stockholders’Equity · Non-ControllingInterests · Total PermanentEquity | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Shares · ParValue · Shares · Amount | |||||||||||
| Balance, June 30, 2024 | $414,095 | 324,133,801 | $3,241 | $5,906,653 | 7,448,691 | $(138,022) | $432,682 | $13,920 | $6,218,474 | $341,204 | $6,559,678 |
| Net proceeds from common stock offering | — | 20,125,000 | 201 | 392,061 | — | — | — | — | 392,262 | — | 392,262 |
| Proceeds from DRIP Plan | — | 16,863 | 1 | 337 | — | — | — | — | 338 | — | 338 |
| Proceeds from employee stock purchase plan | — | 16,621 | — | 273 | — | — | — | — | 273 | — | 273 |
| Share-based compensation | — | 281,952 | 3 | 10,785 | — | — | — | — | 10,788 | — | 10,788 |
| Manager fees paid in stock | — | 90,381 | 1 | 1,754 | — | — | — | — | 1,755 | — | 1,755 |
| Net (loss) income | (1,513) | — | — | — | — | — | 76,068 | — | 76,068 | (2,385) | 73,683 |
| Dividends declared with respect to the third quarter, $0.48 per share | — | — | — | — | — | — | (162,571) | — | (162,571) | — | (162,571) |
| Other comprehensive income, net | — | — | — | — | — | — | — | 2,336 | 2,336 | — | 2,336 |
| Contributions from non-controlling interests | — | — | — | — | — | — | — | — | — | 3,786 | 3,786 |
| Distributions to non-controlling interests | (1,783) | — | — | — | — | — | — | — | — | (10,514) | (10,514) |
| Balance, September 30, 2024 | $410,799 | 344,664,618 | $3,447 | $6,311,863 | 7,448,691 | $(138,022) | $346,179 | $16,256 | $6,539,723 | $332,091 | $6,871,814 |
| Balance, June 30, 2023 | $408,034 | 320,217,189 | $3,202 | $5,842,813 | 7,448,691 | $(138,022) | $689,146 | $17,355 | $6,414,494 | $370,449 | $6,784,943 |
| Proceeds from DRIP Plan | — | 13,598 | — | 278 | — | — | — | — | 278 | — | 278 |
| Proceeds from employee stock purchase plan | — | 21,088 | — | 347 | — | — | — | — | 347 | — | 347 |
| Share-based compensation | — | 319,593 | 3 | 10,618 | — | — | — | — | 10,621 | — | 10,621 |
| Manager fees paid in stock | — | 92,640 | — | 1,906 | — | — | — | — | 1,906 | — | 1,906 |
| Net income | 3,114 | — | — | — | — | — | 47,435 | — | 47,435 | 828 | 48,263 |
| Dividends declared with respect to the third quarter, $0.48 per share | — | — | — | — | — | — | (150,825) | — | (150,825) | — | (150,825) |
| Other comprehensive loss, net | — | — | — | — | — | — | — | (3,241) | (3,241) | — | (3,241) |
| Distributions to non-controlling interests | (1,489) | — | — | — | — | — | — | — | — | (8,495) | (8,495) |
| Balance, September 30, 2023 | $409,659 | 320,664,108 | $3,205 | $5,855,962 | 7,448,691 | $(138,022) | $585,756 | $14,114 | $6,321,015 | $362,782 | $6,683,797 |
Condensed Consolidated Statements of Equity (Continued)
For the Nine Months Ended September 30, 2024 and 2023
| Temporary Equity · Common stock · AdditionalPaid-inCapital · Treasury Stock · Retained Earnings · AccumulatedOtherComprehensiveIncome · Total StarwoodPropertyTrust, Inc.Stockholders’Equity · Non-ControllingInterests · Total PermanentEquity | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Shares · ParValue · Shares · Amount | |||||||||||
| Balance, December 31, 2023 | $414,348 | 320,814,765 | $3,208 | $5,864,670 | 7,448,691 | $(138,022) | $505,881 | $15,352 | $6,251,089 | $357,545 | $6,608,634 |
| Net proceeds from common stock offering | — | 20,125,000 | 201 | 392,061 | — | — | — | — | 392,262 | — | 392,262 |
| Proceeds from DRIP Plan | — | 46,468 | 1 | 921 | — | — | — | — | 922 | — | 922 |
| Proceeds from employee stock purchase plan | — | 99,997 | 1 | 1,684 | — | — | — | — | 1,685 | — | 1,685 |
| Share-based compensation | — | 2,520,658 | 25 | 31,477 | — | — | — | — | 31,502 | — | 31,502 |
| Manager fees paid in stock | — | 1,057,730 | 11 | 21,050 | — | — | — | — | 21,061 | — | 21,061 |
| Net income | 1,024 | — | — | — | — | — | 308,290 | — | 308,290 | 441 | 308,731 |
| Dividends declared with respect to the nine months, $1.44 per share | — | — | — | — | — | — | (467,992) | — | (467,992) | — | (467,992) |
| Other comprehensive income, net | — | — | — | — | — | — | — | 904 | 904 | — | 904 |
| Contributions from non-controlling interests | — | — | — | — | — | — | — | — | — | 3,786 | 3,786 |
| Distributions to non-controlling interests | (4,573) | — | — | — | — | — | — | — | — | (29,681) | (29,681) |
| Balance, September 30, 2024 | $410,799 | 344,664,618 | $3,447 | $6,311,863 | 7,448,691 | $(138,022) | $346,179 | $16,256 | $6,539,723 | $332,091 | $6,871,814 |
| Balance, December 31, 2022 | $362,790 | 318,123,861 | $3,181 | $5,807,087 | 7,448,691 | $(138,022) | $769,237 | $20,955 | $6,462,438 | $373,479 | $6,835,917 |
| Proceeds from DRIP Plan | — | 45,050 | — | 852 | — | — | — | — | 852 | — | 852 |
| Proceeds from employee stock purchase plan | — | 110,112 | 1 | 1,669 | — | — | — | — | 1,670 | — | 1,670 |
| Share-based compensation | — | 1,542,034 | 15 | 31,040 | — | — | — | — | 31,055 | — | 31,055 |
| Manager fees paid in stock | — | 843,051 | 8 | 15,314 | — | — | — | — | 15,322 | — | 15,322 |
| Net income | 51,062 | — | — | — | — | — | 268,252 | — | 268,252 | 14,203 | 282,455 |
| Dividends declared with respect to the nine months, $1.44 per share | — | — | — | — | — | — | (451,733) | — | (451,733) | — | (451,733) |
| Other comprehensive loss, net | — | — | — | — | — | — | — | (6,841) | (6,841) | — | (6,841) |
| Distributions to non-controlling interests | (4,193) | — | — | — | — | — | — | — | — | (24,900) | (24,900) |
| Balance, September 30, 2023 | $409,659 | 320,664,108 | $3,205 | $5,855,962 | 7,448,691 | $(138,022) | $585,756 | $14,114 | $6,321,015 | $362,782 | $6,683,797 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.