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Debt and Preferred Equity Investments - Preferred Equity Investments (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Dec. 31, 2019
Preferred equity investment    
Aggregate weighted average current yield (as a percent) 7.87%  
Carrying Value $ 1,783,336 $ 1,580,306
Preferred Equity, April 2021    
Preferred equity investment    
Future Funding Obligations 0  
Senior Financing 272,000  
Carrying Value 133,050 142,921
Preferred Equity, June 2022    
Preferred equity investment    
Future Funding Obligations 0  
Senior Financing 1,712,750  
Carrying Value 150,273 98,065
Preferred Equity, February 2027    
Preferred equity investment    
Future Funding Obligations 0  
Senior Financing 250,000  
Carrying Value $ 100,000 0
Preferred equity investments    
Preferred equity investment    
Aggregate weighted average current yield (as a percent) 9.87%  
Future Funding Obligations $ 0  
Senior Financing 2,234,750  
Carrying Value 383,323 240,986
Allowance for loan loss (15,631) (1,750)
Total after allowance for loan loss $ 367,692 $ 239,236