Item 5. Market for Registrant’s Common Equity
ITEM 5.
MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
Our class A common stock is listed for trading on the NYSE under the symbol “BXMT.” As of February 3, 2021 there were 229 holders of record of our class A common stock. This does not include the number of stockholders that hold shares in “street name” through banks or broker-dealers.
We generally intend to distribute each year substantially all of our taxable income (which does not necessarily equal net income as calculated in accordance with generally accepted accounting principles, or GAAP) to our stockholders to comply with the REIT provisions of the Internal Revenue Code. In addition, our
dividend policy remains subject to revision at the discretion of our board of directors. All distributions will be made at the discretion of our board of directors and will depend upon, among other things, our actual results of operations and liquidity. These results and our ability to pay distributions will be affected by various factors, including our taxable income, our financial condition, our maintenance of REIT status, applicable law, and other factors as our board of directors deems relevant.
Issuer Purchases of Equity Securities
We did not purchase any shares of our class A common stock during the three months ended December 31, 2020.
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ITEM 6.
SELECTED FINANCIAL DATA
The following selected consolidated historical financial data should be read in conjunction with the information set forth under “Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations” and the consolidated financial statements and the related notes thereto that appear on pages F-2
to F-49
of this report.
Years ended December 31,
(in thousands, except per share data)
2020
2019
2018
2017
2016
Operating Data:
Interest and related income
$
779,648
$
882,679
$
756,109
$
537,915
$
497,974
Interest and related expense
347,471
458,503
359,625
234,870
184,270
Income from loans and other investments, net
$
432,177
$
424,176
$
396,484
$
303,045
$
313,704
Net income
$
140,414
$
307,393
$
285,813
$
217,968
$
246,440
Net income attributable to Blackstone Mortgage Trust, Inc.
$
137,670
$
305,567
$
285,078
$
217,631
$
238,297
Per Share Data:
Net income from continuing operations per share of common stock
Basic and diluted
$
0.97
$
2.35
$
2.50
$
2.27
$
2.53
Net income per share of common stock
Basic and diluted
$
0.97
$
2.35
$
2.50
$
2.27
$
2.53
Dividends declared per share of common stock
$
2.48
$
2.48
$
2.48
$
2.48
$
2.48
As of December 31,
2020
2019
2018
2017
2016
Balance Sheet Data:
Total assets
$
16,958,955
$
16,551,871
$
14,467,375
$
10,258,825
$
8,812,615
Secured debt agreements, net
7,880,536
9,731,426
8,893,818
5,178,250
5,609,031
Asset-specific debt agreements, net
391,269
323,504
80,938
95,605
107,323
Secured term loan, net
1,041,704
736,142
—
—
—
Convertible notes, net
616,389
613,071
609,911
563,911
166,762
Total liabilities
13,054,724
12,767,190
11,092,768
7,341,419
6,319,012
Total equity
3,904,231
3,784,681
3,374,607
2,917,406
2,493,603
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