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  "documentTitle": "Blackstone Mortgage Trust, Inc. (BXMT)",
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  "presentationDate": "2023-12-06 00:00:00",
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  "notes": "The slide highlights the negative impact on dividends per share due to interest rate increases and NOI shortfalls.",
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      "text": "Proforma quarterly dividend: $0.27",
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      "text": "An assumed 1.1x DSCR reserves for mandatory capX for tenant rollovers & others",
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      "text": "Note: 2024 base cash swap expiration does not account for an additional $5 billion of future swap expirations.",
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      "text": "Dividend Reduction – Base Case",
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      "name": "Cost Of Inaction",
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