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Indebtedness - Additional Information (Detail) (USD $)
In Thousands, except Per Share data, unless otherwise specified
9 Months Ended 0 Months Ended 9 Months Ended 1 Months Ended 0 Months Ended 0 Months Ended 9 Months Ended 12 Months Ended 9 Months Ended 1 Months Ended 9 Months Ended 9 Months Ended 12 Months Ended 0 Months Ended 9 Months Ended 9 Months Ended 12 Months Ended 9 Months Ended 12 Months Ended 9 Months Ended 12 Months Ended 9 Months Ended 0 Months Ended 0 Months Ended 9 Months Ended 9 Months Ended 9 Months Ended 9 Months Ended 9 Months Ended 9 Months Ended 12 Months Ended 9 Months Ended 12 Months Ended 9 Months Ended 0 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Dec. 31, 2013
Apr. 29, 2014
London Interest Bank Offer Rate
Sep. 30, 2014
Second Capped Call Option
Sep. 30, 2014
Second Capped Call Option
Minimum
Sep. 30, 2014
Second Capped Call Option
Maximum
Sep. 30, 2014
4.0% convertible senior notes
Dec. 31, 2013
4.0% convertible senior notes
Jan. 31, 2014
4.0% convertible senior notes
Overallotment Option
Jan. 31, 2014
4.0% convertible senior notes
Additional Principal Amount Overallotment Option Exercised By Underwriters
Apr. 14, 2014
7.625% senior notes due 2024
Apr. 14, 2014
7.625% senior notes due 2024
Apr. 29, 2014
CMBS securitizations
Sep. 30, 2014
CMBS Facilities
Dec. 31, 2013
CMBS Facilities
Sep. 30, 2014
7.0% convertible senior notes
Dec. 31, 2013
7.0% convertible senior notes
Aug. 11, 2014
7.125% Senior Notes due 2019
Aug. 11, 2014
7.125% Senior Notes due 2019
Sep. 30, 2014
Recourse Indebtedness
Jul. 28, 2014
Recourse Indebtedness
Dec. 31, 2013
Recourse Indebtedness
Sep. 30, 2014
Recourse Indebtedness
4.0% convertible senior notes
Dec. 31, 2013
Recourse Indebtedness
4.0% convertible senior notes
Sep. 30, 2014
Recourse Indebtedness
7.625% senior notes due 2024
Jan. 31, 2014
Recourse Indebtedness
Secured credit facilities
Sep. 30, 2014
Recourse Indebtedness
Secured credit facilities
Sep. 09, 2014
Recourse Indebtedness
Secured credit facilities
Dec. 31, 2013
Recourse Indebtedness
Secured credit facilities
Sep. 30, 2014
Recourse Indebtedness
Secured credit facilities
London Interest Bank Offer Rate
Dec. 31, 2013
Recourse Indebtedness
Secured credit facilities
Minimum
Dec. 31, 2013
Recourse Indebtedness
Secured credit facilities
Maximum
Sep. 09, 2014
Recourse Indebtedness
Amended IROP Credit agreement
Sep. 09, 2014
Recourse Indebtedness
Amended IROP Credit agreement
London Interest Bank Offer Rate
Jan. 27, 2014
Recourse Indebtedness
CMBS securitizations
$75,000 Thousand Commercial Mortgage Facility
Jan. 27, 2014
Recourse Indebtedness
CMBS securitizations
$75,000 Thousand Commercial Mortgage Facility
Sep. 30, 2014
Recourse Indebtedness
CMBS securitizations
$75,000 Thousand Commercial Mortgage Facility
London Interest Bank Offer Rate
Sep. 30, 2014
Recourse Indebtedness
CMBS Facilities
Dec. 31, 2013
Recourse Indebtedness
CMBS Facilities
Sep. 30, 2014
Recourse Indebtedness
CMBS Facilities
Minimum
Dec. 31, 2013
Recourse Indebtedness
CMBS Facilities
Minimum
Sep. 30, 2014
Recourse Indebtedness
CMBS Facilities
Maximum
Dec. 31, 2013
Recourse Indebtedness
CMBS Facilities
Maximum
Sep. 30, 2014
Recourse Indebtedness
CMBS Facilities
$250,000 Thousand CMBS facility
Sep. 30, 2014
Recourse Indebtedness
7.0% convertible senior notes
Dec. 31, 2013
Recourse Indebtedness
7.0% convertible senior notes
Sep. 30, 2014
Recourse Indebtedness
7.125% Senior Notes due 2019
Jul. 28, 2014
Recourse Indebtedness
Amended Master Repurchase Agreement
Jul. 28, 2014
Recourse Indebtedness
Amended Master Repurchase Agreement
Jul. 28, 2014
Recourse Indebtedness
Amended Master Repurchase Agreement
Floating Rate Loans
Jul. 28, 2014
Recourse Indebtedness
Amended Master Repurchase Agreement
Floating Rate Loans
London Interest Bank Offer Rate
Jul. 28, 2014
Recourse Indebtedness
Amended Master Repurchase Agreement
Fixed Rate Loans
London Interest Bank Offer Rate
Sep. 30, 2014
Investment Grade Senior Notes
Apr. 29, 2014
Investment Grade Senior Notes
Sep. 30, 2014
Investment Grade Senior Notes
Upon Occurrence Of Certain Events
Apr. 29, 2014
Equity interest
Sep. 30, 2014
Non-recourse indebtedness
Dec. 31, 2013
Non-recourse indebtedness
Sep. 30, 2014
Non-recourse indebtedness
CMBS securitizations
Sep. 30, 2014
Non-recourse indebtedness
CDO notes payable, at amortized cost
Dec. 31, 2013
Non-recourse indebtedness
CDO notes payable, at amortized cost
Sep. 30, 2014
Non-recourse indebtedness
CDO notes payable, at fair value
Dec. 31, 2013
Non-recourse indebtedness
CDO notes payable, at fair value
Sep. 30, 2014
Non-recourse indebtedness
CDO notes payable, at fair value
re-directed from retained interests
Sep. 30, 2014
Non-recourse indebtedness
CDO notes payable, at fair value
Principal collections of the underlying collateral
Sep. 30, 2014
Non-recourse indebtedness
Loans payable on real estate
Dec. 31, 2013
Non-recourse indebtedness
Loans payable on real estate
Sep. 30, 2014
Non-recourse indebtedness
Loans payable on real estate
Minimum
Dec. 31, 2013
Non-recourse indebtedness
Loans payable on real estate
Minimum
Sep. 30, 2014
Non-recourse indebtedness
Loans payable on real estate
Maximum
Dec. 31, 2013
Non-recourse indebtedness
Loans payable on real estate
Maximum
Sep. 30, 2014
Non-recourse indebtedness
Loans payable on real estate
First Mortgage
MortgageLoan
Nov. 04, 2014
Non-recourse indebtedness
Loans payable on real estate
First Mortgage
Subsequent Event
Nov. 04, 2014
Non-recourse indebtedness
Loans payable on real estate
First Mortgage
Subsequent Event
MortgageLoan
Debt Instrument [Line Items]                                                                                                                                                      
Convertible note conversion rate                                               105.8429                                           156.8716                                                          
Principal amount of convertible note, conversion rate                                               $ 1                                           $ 1                                                          
Initial conversion price                                               $ 9.45                                           $ 6.37                                                          
Principal amount of convertible senior notes issued 80,000   86,000             16,750 141,750   60,000             71,905                                                                                                              
Proceeds from issuance of convertible senior notes                   16,300 137,238                                                                                                                                
Discount on convertible senior notes                                               1,182                                                                                                      
Cap price of capped call transaction         11.91                                                                                                                                            
Initial strike price of capped call transaction         $ 9.57                                                                                                                                            
Capped call expiration date           2018-06 2018-10                                                                                                                                        
Stated interest rate 4.00%             4.00% 4.00%       7.625%       7.00% 7.00%   7.125%                                                                                                             3.70%
Net proceeds from notes issued                       57,500             69,209                                                                                                                
Senior secured notes, maturity date                       Apr. 15, 2024             Aug. 30, 2019                                                                                                                
Redemption price percentage                       100.00%             100.00%                                                                                                                
Repurchase price percentage                       101.00%             101.00%                                                                                                                
Redemption period, Start date                       Apr. 15, 2017             Aug. 30, 2017                                                                                                                
Revolving credit agreement term                                                       3 years                                                                                              
Outstanding borrowings                                                       5,000                                 159,171                                                            
LIBOR plus interest rate       1.79%                                                     2.50%       2.50%     2.00%                           2.00% 2.50%                                            
Line of credit facility, borrowing capacity                                           100,000             20,000         30,000     75,000               575,000         200,000 100,000                                                
Payment of notes 25,589 9,268                                                 6,143                                                                 40,482     18,255   4,125 14,130                  
Line of credit facility, remaining borrowing capacity                                                                                         415,829                                                            
Line of credit facility, expiration date                                                                                                 Jul. 28, 2016                                                    
Credit agreement term                                                                       2 years                                                                              
Principal amount repurchase convertible senior notes                                                                                                                         5,800                            
Purchase price of notes                                                                                                                         3,379                            
Gain on extinguishment of debt 2,421                                                                                                                       2,421                            
Real estate investment 5,500                         196,052                                                                                 155,861   40,191                                    
Real estate investment advance rate                                                                                                             79.50%                                        
Maturity date of investment                                                                                                           2031-05   2016-04                                      
Carrying Amount 2,613,317   2,086,401                       1,573,559 1,662,537         501,273 [1]   235,011 [2] 133,752 [3] 116,184 [3] 60,000   5,000   11,129                 159,171 37,749           33,297 [4] 32,938 [4] 71,905                   2,112,044 1,851,390   1,084,289 [5],[6] 1,202,772 [5],[7] 431,142 [5],[8],[9] 377,235 [10],[5],[8]     381,095 [11] 171,244 [12]              
Number of mortgages obtained                                                                                                                                                 11   1
Unpaid Principal Balance $ 3,043,419   $ 2,592,414                                   $ 515,663 [1]   $ 251,715 [2] $ 141,750 [3] $ 125,000 [3] $ 60,000   $ 5,000   $ 11,129                 $ 159,171 $ 37,746           $ 34,066 [4] $ 34,066 [4] $ 71,905                   $ 2,527,756 $ 2,340,699   $ 1,086,038 [5],[6] $ 1,204,117 [5],[7] $ 846,941 [5],[8],[9] $ 865,199 [10],[5],[8]     $ 379,259 [11] $ 171,244 [12]         $ 210,483   $ 15,991
Contractual Maturity, start year                                                                                                                                                 2016-04    
Contractual Maturity, end year                                                                                                                                                 2024-08    
Stated interest rate, minimum                                                                                                                                                 3.40%    
Stated interest rate, maximum                                                                                                                                                 5.60%    
Contractual Maturity, month and year                                               2033-10 [3] 2033-10 [3] 2024-04   2016-10       2016-10 2016-12               2014-11 2014-11 2016-07 2015-10   2031-04 [4] 2031-04 [4] 2019-08                                         2015-09 [11] 2015-09 [12] 2024-08 [11] 2023-12 [12]   2021-11  
[1] Excludes senior secured notes issued by us with an aggregate principal amount equal to $80,000 with a weighted average coupon of 7.0%, which are eliminated in consolidation.
[2] Excludes senior secured notes issued by us with an aggregate principal amount equal to $86,000 with a weighted average coupon of 7.0%, which are eliminated in consolidation.
[3] Our 4.0% convertible senior notes are redeemable at par, at the option of the holder, in October 2018, October 2023, and October 2028.
[4] Our 7.0% convertible senior notes are redeemable at par, at the option of the holder, in April 2016, April 2021, and April 2026.
[5] Excludes CDO notes payable purchased by us which are eliminated in consolidation.
[6] Collateralized by $1,573,559 principal amount of commercial mortgages, mezzanine loans, other loans and preferred equity interests. These obligations were issued by separate legal entities and consequently the assets of the special purpose entities that collateralize these obligations are not available to our creditors.
[7] Collateralized by $1,662,537 principal amount of commercial mortgages, mezzanine loans, other loans and preferred equity interests. These obligations were issued by separate legal entities and consequently the assets of the special purpose entities that collateralize these obligations are not available to our creditors.
[8] Relates to liabilities which we elected to record at fair value under FASB ASC Topic 825.
[9] Collateralized by $959,310 principal amount of investments in securities and security-related receivables and loans, before fair value adjustments. The fair value of these investments as of September 30, 2014 was $731,911. These obligations were issued by separate legal entities and consequently the assets of the special purpose entities that collateralize these obligations are not available to our creditors.
[10] Collateralized by $989,781 principal amount of investments in securities and security-related receivables and loans, before fair value adjustments. The fair value of these investments as of December 31, 2013 was $746,939. These obligations were issued by separate legal entities and consequently the assets of the special purpose entities that collateralize these obligations are not available to our creditors.
[11] Includes $246,997 of unpaid principal balance with a carrying amount of $248,833 of mortgage indebtedness that encumbers properties owned by IRT. The weighted-average interest rate is 3.7% and has a range of maturity dates from April 2016 to August 2024.
[12] Includes $100,803 of unpaid principal balance and carrying amount of mortgage indebtedness that encumbers properties owned by IRT. The weighted-average interest rate is 3.8% and has a range of maturity dates from January 2019 to November 2022.