Starwood Real Estate Income Trust, Inc. Consolidated Statements of Changes in Equity (in thousands)
Par Value
Accumulated Other Comprehensive Loss
Accumulated Deficit and Cumulative Distributions
Common Stock Class T
Common Stock Class S
Common Stock Class D
Common Stock Class I
Additional Paid-in Capital
Total Stockholders’ Equity
Non- controlling Interests
Total Equity
Balance at December 31, 2021 Common stock issued, net
$
46 $
1,544 $
221 $
1,636 $ 7,388,885 $
(530)
$
(757,575)
$ 6,634,227 $
39,491 $
6,673,718 5,421,657 (195,642) 221,093
11 —
809
105
1,093
5,419,639 (195,642) 221,011
— — — — —
— — — —
5,421,657 (195,642) 221,093
— — — — —
Offering costs, net
— 37 —
—
— 37 —
Distribution reinvestments
1
7
Amortization of restricted stock grants Common stock repurchased Net loss ($2,146 allocated to redeemable non-controlling interest) Contributions from non-controlling interests Distributions to non-controlling interests Distributions declared on common stock (see Note 11) Allocation to redeemable non-controlling interest Other comprehensive loss
—
—
894
894
894
(1)
(144)
(23)
(321)
(1,346,819)
— (1,347,308)
(1,347,308)
—
—
—
—
—
—
(65,708)
(65,708)
1,927
(63,781)
— — — —
— — — —
— — — —
— — — —
— — — —
— —
— —
— —
14,899 (2,291)
14,899 (2,291)
—
(531,973)
(531,973) (23,777)
— —
(531,973) (23,777)
(23,777)
—
—
—
—
—
(21,698)
—
—
(21,698)
—
(21,698)
Balance at December 31, 2022
$ $
57 $
2,246 $
310 $
2,445 $ 11,466,270 $
(24,307)
$
(1,355,256)
$ 10,091,765 $
54,026 $
10,145,791
Common stock issued (transferred)
(1)
$
49 $
(2)
$
148 $
502,396 $
— $
— $
502,590 $
— $
502,590 59,039 207,385
Offering costs, net
—
— 37 —
—
— 38 —
59,039 207,306
— — — —
— — —
59,039 207,385
— — — —
Distribution reinvestments
1
3
Amortization of restricted stock grants Common stock repurchased Net loss ($29,165 allocated to redeemable non-controlling interest) Contributions from non-controlling interests Distributions to non-controlling interests Distributions declared on common stock (see Note 11) Other comprehensive income Allocation to redeemable non-controlling interest
—
—
840
840
840
(4)
(382)
(36)
(601)
(2,609,472)
— (2,610,495)
(2,610,495)
—
—
—
—
—
—
(649,703)
(649,703)
3,350
(646,353)
— — — —
— — — —
— — — —
— — — —
— — — —
— —
— —
— —
510
510
(13,572)
(13,572)
—
(532,343)
(532,343)
— —
(532,343)
8,578
—
8,578
8,578
—
—
—
—
14,840
—
—
14,840
—
14,840
Balance at December 31, 2023
$ $
53 $
1,950 $
275 $
2,030 $ 9,641,219 $
(15,729)
$
(2,537,302)
$ 7,092,496 $
44,314 $
7,136,810
Common stock issued (transferred)
(2)
$
2 $
3 $
95 $
222,752 $
— $
— $
222,850 $
— $
222,850
Offering costs, net
—
— 37 —
—
— 32 —
(1,156)
— — — —
— — —
(1,156)
(622)
(1,778)
Distribution reinvestments
1
5
171,003
171,078
— — —
171,078
Amortization of restricted stock grants Common stock repurchased Net loss ($36,097 allocated to redeemable non-controlling interest) Contributions from non-controlling interests Distributions to non-controlling interests Distributions declared on common stock (see Note 11) Allocation to redeemable non-controlling interest Other comprehensive loss
—
—
840
840
840
(1)
(175)
(24)
(263)
(1,065,378)
— (1,065,841)
(1,065,841)
—
—
—
—
—
—
(684,883)
(684,883)
(3,228)
(688,111)
— — — —
— — — —
— — — —
— — — —
— — — —
— —
— —
— —
26,567 (2,310)
26,567 (2,310)
—
(469,194)
(469,194) (35,027)
— —
(469,194) (35,027)
(35,027)
—
—
—
—
—
(37,157)
—
—
(37,157)
—
(37,157)
Balance at December 31, 2024
$
51 $
1,814 $
259 $
1,894 $ 8,932,123 $
(50,756)
$
(3,691,379)
$ 5,194,006 $
64,721 $
5,258,727
See accompanying notes to consolidated financial statements.
114
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