Starwood Real Estate Income Trust, Inc. Notes to Consolidated Financial Statements
The following table sets forth the financial results by segment for the year ended December 31, 2023 ($ in thousands):
Single- Family Rental
Investments in Real Estate Debt
Self- Storage
Multifamily
Industrial
Office
Other
Total
Revenues:
Rental revenue Other revenue Total revenues Expenses: Property operating
$ 1,215,981 $ 54,087 $ 203,419 $ 157,463 $ 27,694 $ 37,273 $
— $ 1,695,917 — 58,401 — 1,754,318 — 748,522 — 748,522
10,394
—
4
285
— 47,718
1,226,375
54,087
203,423
157,748
27,694
84,991
552,760 552,760
32,631 32,631
51,163 51,163
59,668 59,668
10,775 10,775
41,525 41,525
Total segment expenses Loss from unconsolidated real estate ventures Income from investments in real estate debt, net Segment net operating income
—
—
—
—
— (11,624)
— (11,624)
—
—
—
—
—
— 123,138
123,138
$ 673,615 $ 21,456 $ 152,260 $ 98,080 $ 16,919 $ 31,842 $ 123,138 $ 1,117,310
General and administrative
(45,144) (153,411) (188,804) (811,788) 289,818 (583,476)
Management fees
Impairment of investments in real estate Depreciation and amortization Net gain on dispositions of real estate
Interest expense
Loss on extinguishment of debt
(93)
Other expense, net
(299,930)
Net loss
$ (675,518)
Net income attributable to non-controlling interests in consolidated joint ventures Net loss attributable to non-controlling interests in Operating Partnership
(3,350) 29,165
Net loss attributable to stockholders
$ (649,703)
144
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