Consolidated Statements of Operations (USD $) In Thousands, except Share data, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Revenue:
Investment interest income	$ 33,273	$ 32,730	$ 102,882	$ 95,266
Investment interest expense	(7,636)	(8,235)	(22,342)	(22,996)
Net interest margin	25,637	24,495	80,540	72,270
Rental income	41,814	29,233	116,204	84,260
Fee and other income	7,842	8,667	19,113	22,738
Total revenue	75,293	62,395	215,857	179,268
Expenses:
Interest expense	13,910	10,052	38,756	29,696
Real estate operating expense	20,882	15,521	58,655	44,842
Compensation expense	7,187	6,565	23,118	19,849
General and administrative expense	4,756	3,046	13,239	10,384
Acquisition expense	816	199	1,408	199
Provision for losses	1,500	500	3,500	1,500
Depreciation and amortization expense	13,236	8,784	38,719	25,972
Total expenses	62,287	44,667	177,395	132,442
Operating Income	13,006	17,728	38,462	46,826
Other income (expense)	(21,464)	(3,849)	(21,449)	(3,704)
Gain (losses) on assets	25	(191)	(5,350)	30
Gain (losses) on extinguishment of debt			2,421
Change in fair value of financial instruments	(10,223)	(24,659)	(59,433)	(200,436)
Income (loss) before taxes	(18,656)	(10,971)	(45,349)	(157,284)
Income tax benefit (provision)	2,194	(164)	2,454	470
Net income (loss)	(16,462)	(11,135)	(42,895)	(156,814)
(Income) loss allocated to preferred shares	(7,407)	(6,024)	(20,628)	(16,831)
(Income) loss allocated to noncontrolling interests	603	53	20	130
Net income (loss) allocable to common shares	$ (23,266)	$ (17,106)	$ (63,503)	$ (173,515)
Earnings (loss) per share-Basic:
Earnings (loss) per share-Basic	$ (0.28)	$ (0.24)	$ (0.78)	$ (2.60)
Weighted-average shares outstanding-Basic	81,967,806	70,192,918	81,111,796	66,807,299
Earnings (loss) per share-Diluted:
Earnings (loss) per share-Diluted	$ (0.28)	$ (0.24)	$ (0.78)	$ (2.60)
Weighted average shares outstanding-Diluted	81,967,806	70,192,918	81,111,796	66,807,299