Discontinued — last reported Q4 '25
Starwood Property Trust Consolidation of VIEs (VIE asset/liability additions) increased by 75.9% to $1.56B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 75.9%, from $887.71M to $1.56B.
An increase indicates the company has taken control or assumed the risks of new structured entities, expanding the balance sheet footprint.
Represents the non-cash impact of consolidating variable interest entities onto the balance sheet, reflecting the additi...
Common in financial services and real estate; peers report this to explain balance sheet expansion unrelated to direct cash investment.
other_variable_interest_entity_consolidation_in_non_cash_c0d2ea| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q3 '24 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.38B | $1.65B | $905.28M | $1.11B | $3.25B | $0.00 | $0.00 | $0.00 | $722.04M | $1.92B | $887.71M | $1.56B |
| QoQ Change | — | -30.8% | -45.1% | +22.6% | +193.0% | -100.0% | — | — | — | +166.0% | -53.8% | +75.9% |
| YoY Change | — | — | — | — | +36.3% | -100.0% | -100.0% | — | — | — | +22.9% | +75.9% |