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Fair Value Hierarchy for Financial Instruments Not Fair Valued but For Which Fair Value Is Required To Be Disclosed (Detail) - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
Carrying Amount    
Commercial mortgages, mezzanine loans and other loans, Carrying Amount $ 1,506,542 $ 1,392,436
Carrying Amount 2,661,528 2,615,666
Estimated Fair Value    
Junior subordinated notes 12,866 13,102
Estimated Fair Value    
Estimated Fair Value    
Commercial mortgages, mezzanine loans and other loans, Estimated Fair Value 1,448,755 1,316,796
Carrying Amount    
Carrying Amount    
Commercial mortgages, mezzanine loans and other loans, Carrying Amount 1,493,746 1,392,436
CMBS securitizations    
Carrying Amount    
Carrying Amount 676,161 490,863
CMBS securitizations | Estimated Fair Value    
Estimated Fair Value    
Notes payable, Estimated Fair Value 536,528 389,771
CMBS securitizations | Carrying Amount    
Carrying Amount    
Carrying Amount 536,796 389,415
7.0% convertible senior notes | Estimated Fair Value    
Estimated Fair Value    
Convertible senior notes, Estimated Fair Value 36,882 41,901
7.0% convertible senior notes | Carrying Amount    
Carrying Amount    
Carrying Amount 33,658 33,417
4.0% convertible senior notes | Estimated Fair Value    
Estimated Fair Value    
Convertible senior notes, Estimated Fair Value 120,480 123,677
4.0% convertible senior notes | Carrying Amount    
Carrying Amount    
Carrying Amount 135,752 134,418
7.625% senior notes due 2024 | Estimated Fair Value    
Estimated Fair Value    
Senior notes, Estimated Fair Value 55,440 56,016
7.625% senior notes due 2024 | Carrying Amount    
Carrying Amount    
Carrying Amount 60,000 60,000
7.125% Senior Notes due 2019 | Estimated Fair Value    
Estimated Fair Value    
Senior notes, Estimated Fair Value 71,330 70,064
7.125% Senior Notes due 2019 | Carrying Amount    
Carrying Amount    
Carrying Amount 71,905 71,905
Senior Secured Notes | Estimated Fair Value    
Estimated Fair Value    
Senior notes, Estimated Fair Value 75,777 79,594
Senior Secured Notes | Carrying Amount    
Carrying Amount    
Carrying Amount 65,559 68,314
Junior subordinated notes, at amortized cost | Estimated Fair Value    
Estimated Fair Value    
Junior subordinated notes 14,107 14,471
Junior subordinated notes, at amortized cost | Carrying Amount    
Carrying Amount    
Carrying Amount 25,100 25,100
CDO notes payable, at amortized cost | Estimated Fair Value    
Estimated Fair Value    
Notes payable, Estimated Fair Value 807,995 913,050
CDO notes payable, at amortized cost | Carrying Amount    
Carrying Amount    
Carrying Amount 986,891 1,073,145
Loans payable on real estate | Estimated Fair Value    
Estimated Fair Value    
Loans payable on real estate, Estimated Fair Value 667,791 678,306
Loans payable on real estate | Carrying Amount    
Carrying Amount    
Carrying Amount 640,411 643,405
Quoted Prices in Active Markets for Identical Assets (Level 1) | CMBS securitizations    
Estimated Fair Value    
Notes payable, Estimated Fair Value 536,528 389,771
Quoted Prices in Active Markets for Identical Assets (Level 1) | 7.0% convertible senior notes    
Estimated Fair Value    
Convertible senior notes, Estimated Fair Value 36,882 41,901
Quoted Prices in Active Markets for Identical Assets (Level 1) | 4.0% convertible senior notes    
Estimated Fair Value    
Convertible senior notes, Estimated Fair Value 120,480 123,677
Quoted Prices in Active Markets for Identical Assets (Level 1) | 7.625% senior notes due 2024    
Estimated Fair Value    
Senior notes, Estimated Fair Value 55,440 56,016
Quoted Prices in Active Markets for Identical Assets (Level 1) | 7.125% Senior Notes due 2019    
Estimated Fair Value    
Senior notes, Estimated Fair Value 71,330 70,064
Quoted Prices in Active Markets for Identical Assets (Level 1) | CDO notes payable, at amortized cost    
Estimated Fair Value    
Notes payable, Estimated Fair Value 807,995 913,050
Significant Unobservable Inputs (Level 3)    
Estimated Fair Value    
Commercial mortgages, mezzanine loans and other loans, Estimated Fair Value 1,448,755 1,316,796
Junior subordinated notes 12,866 [1] 13,102 [2]
Significant Unobservable Inputs (Level 3) | Senior Secured Notes    
Estimated Fair Value    
Senior notes, Estimated Fair Value 75,777 79,594
Significant Unobservable Inputs (Level 3) | Junior subordinated notes, at amortized cost    
Estimated Fair Value    
Junior subordinated notes 14,107 14,471
Significant Unobservable Inputs (Level 3) | Loans payable on real estate    
Estimated Fair Value    
Loans payable on real estate, Estimated Fair Value $ 667,791 $ 678,306
[1] During the six-month period ended June 30, 2015, there were no transfers between Level 1 and Level 2, nor were there any transfers into and out of Level 3.
[2] During the year ended December 31, 2014, there were no transfers between Level 1 and Level 2, nor were there any transfers into and out of Level 3.