v3.26.3
Related Party and Other Transactions - Additional Information (Details) - USD ($)
shares in Thousands, $ in Thousands
1 Months Ended 3 Months Ended 9 Months Ended 12 Months Ended
Nov. 06, 2026
Oct. 31, 2026
Sep. 30, 2026
Sep. 30, 2025
Mar. 31, 2025
Sep. 30, 2026
Sep. 30, 2025
Dec. 31, 2025
Dec. 31, 2024
Related Party Transaction [Line Items]                  
Performance participation allocation     $ 163,016 $ 124,029 $ 142,200 $ 562,788 $ 355,028    
Management fee     $ 181,275 166,757   $ 530,115 502,074    
Stock repurchased (in shares)     56,055     204,128      
Common stock repurchased, value     $ 822,335 1,329,371   $ 2,944,848 4,940,774    
Net refunds from insurance premiums contributed to captive     62,500 93,600   62,200 93,200    
Payment for management fee     1,200 1,800   1,200 1,800    
Net refunds from insurance premiums paid contributed to captive           300 400    
Total revenues     1,792,424 1,943,444   5,590,717 5,996,997    
Other assets     5,563,842     5,563,842   $ 5,070,999  
Maximum potential future payments     8,200     $ 8,200      
Subsequent Event                  
Related Party Transaction [Line Items]                  
Common stock held in parent $ 6,000,000                
Subsequent Event | Employees                  
Related Party Transaction [Line Items]                  
Common stock held in parent $ 1,400,000                
Non- controlling Interests Attributable to BREIT OP                  
Related Party Transaction [Line Items]                  
Commission and fees, threshold percentage on gross proceeds from sale of share           8.75%      
Percentage of annual hurdle amount           5.00%      
Non- controlling Interests Attributable to BREIT OP | Performance participation allocation                  
Related Party Transaction [Line Items]                  
Performance participation allocation               $ 9,900  
Performance participation allocation shortfall                 $ 105,000
Percentage of shortfall obligation, annual rate               5.00%  
Interest income         1,100        
Accrued interest related to Quarterly Shortfall         $ 1,100        
Due from affiliate     399,800     $ 399,800      
Non- controlling Interests Attributable to BREIT OP | Common Class I, Common Class S, Common Class S-2, Common Class D, Common Class D-2, Common Class T, Common Class T-2, Common Class C units                  
Related Party Transaction [Line Items]                  
Percentage of annual hurdle amount           5.00%      
Related party allocation percentage of annual total return           12.50%      
Percentage of management fee on NAV per annum           12.50%      
Non- controlling Interests Attributable to BREIT OP | Common Class L, Common Class L-2 Units                  
Related Party Transaction [Line Items]                  
Percentage of annual hurdle amount           5.00%      
Related party allocation percentage of annual total return           10.00%      
Percentage of management fee on NAV per annum           10.00%      
Related Party                  
Related Party Transaction [Line Items]                  
Other liabilities     855,347     $ 855,347   $ 791,741  
Percentage of asset management services fee           1.00%      
Asset management services fee     46 0   $ 98 0    
Costs paid to LNLS for title services related to investments     20,900     44,000      
Related Party | Performance participation allocation                  
Related Party Transaction [Line Items]                  
Other liabilities     $ 163,016     $ 163,016   0  
Related Party | Management Fee                  
Related Party Transaction [Line Items]                  
Stock issued as payment for services (in shares)     12,300     36,600      
Related Party | Accrued management fee                  
Related Party Transaction [Line Items]                  
Other liabilities     $ 60,562     $ 60,562   56,818  
Related Party | Accrued management fee | Subsequent Event                  
Related Party Transaction [Line Items]                  
Stock issued as payment for services (in shares)   4,100              
Related Party | Adviser                  
Related Party Transaction [Line Items]                  
Other liabilities     6,600     6,600   10,200  
Related Party | DST                  
Related Party Transaction [Line Items]                  
Other liabilities     1,811     $ 1,811   44  
Percentage of investor servicing fee from the DST investors           85.00%      
Accrued investor servicing fee     1,700     $ 1,700   15  
Upfront selling commission           867      
Related Party | Accrued Service Provider Expenses                  
Related Party Transaction [Line Items]                  
Other liabilities     32,000     32,000   39,500  
Related Party | DST, Upfront Selling Commissions                  
Related Party Transaction [Line Items]                  
Other liabilities     49     49   15  
Related Party | Link Logistics Real Estate LLC                  
Related Party Transaction [Line Items]                  
Total revenues     3,300 $ 3,200   10,000 $ 5,500    
Other assets     $ 50,900     $ 50,900   $ 50,900  
Related Party | Common Class I, Common Class S, Common Class S-2, Common Class D, Common Class D-2, Common Class T, Common Class T-2, Common Class C units | All Other Unit Holders                  
Related Party Transaction [Line Items]                  
Related party allocation percentage of annual total return           87.50%      
Related Party | Common Class L, Common Class L-2 Units | All Other Unit Holders                  
Related Party Transaction [Line Items]                  
Related party allocation percentage of annual total return           90.00%      
Related Party | Common Class I, Common Class S, Common Class S-2, Common Class D, Common Class D-2, Common Class T, Common Class T-2, Common Class C Shares                  
Related Party Transaction [Line Items]                  
Percentage of management fee on NAV per annum           1.25%      
Related Party | Common Class L Shares, Common Class L Units                  
Related Party Transaction [Line Items]                  
Percentage of management fee on NAV per annum           1.00%      
Related Party | Common Class L-2 Shares, Common Class L-2 Units                  
Related Party Transaction [Line Items]                  
Percentage of management fee on NAV per annum           0.85%      
Related Party | Class B Common Class BREIT OP | Management Fee                  
Related Party Transaction [Line Items]                  
Stock repurchased (in shares)     2,400     2,400      
Common stock repurchased, value     $ 35,000     $ 35,000      
Special Limited Partner | Performance participation allocation                  
Related Party Transaction [Line Items]                  
Stock issued as payment for services (in shares)           27,700      
Due from affiliate     $ 163,000     $ 163,000      
Special Limited Partner | Performance participation allocation | Subsequent Event                  
Related Party Transaction [Line Items]                  
Stock issued as payment for services (in shares) 11,100