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Consolidated Balance Sheets (Parenthetical) - USD ($)
$ in Thousands
6 Months Ended 12 Months Ended
Jun. 30, 2017
Dec. 31, 2016
Investment in mortgages and loans, net $ 1,244,191 $ 1,280,285
Real estate, accumulated depreciation 35,359 138,214
Investments in real estate, net of accumulated depreciation [1] 434,890 716,432
Intangible assets, accumulated amortization 8,776 22,230
Indebtedness, unamortized discounts, premiums and deferred financing costs 30,637 36,892
Indebtedness, net of unamortized discounts, premiums and deferred financing costs $ 1,588,067 $ 1,751,082
Preferred shares, authorized 25,000,000 25,000,000
Common shares, par value $ 0.03 $ 0.03
Common shares, shares authorized 200,000,000 200,000,000
Common shares, shares issued 93,105,742 92,295,478
Common shares, shares outstanding 93,105,742 92,295,478
Unvested restricted common share awards 1,576,040 1,079,193
VIE    
Investment in mortgages and loans, net $ 1,199,111 $ 1,184,588
Real estate, accumulated depreciation 8,604 31,652
Investments in real estate, net of accumulated depreciation 106,005 192,070
Intangible assets, accumulated amortization 341 3,740
Indebtedness, net of unamortized discounts, premiums and deferred financing costs $ 1,185,657 $ 1,288,258
Series D Cumulative Redeemable Preferred Stock    
Series D cumulative redeemable preferred shares, par value $ 0.01 $ 0.01
Series D cumulative redeemable preferred shares, shares authorized 4,000,000 4,000,000
Series D cumulative redeemable preferred shares, shares issued 3,133,720 3,536,000
Series D cumulative redeemable preferred shares, shares outstanding 3,133,720 3,536,000
7.75% Series A Cumulative Redeemable Preferred Stock    
Preferred shares, authorized 8,069,288 8,069,288
Preferred shares, dividend rate 7.75% 7.75%
Cumulative redeemable preferred shares, liquidation preference $ 25.00 $ 25.00
Cumulative redeemable preferred shares, shares issued 5,344,353 5,344,353
Cumulative redeemable preferred shares, shares outstanding 5,344,353 5,344,353
Preferred shares, par value $ 0.01 $ 0.01
8.375% Series B Cumulative Redeemable Preferred Stock    
Preferred shares, authorized 4,300,000 4,300,000
Preferred shares, dividend rate 8.375% 8.375%
Cumulative redeemable preferred shares, liquidation preference $ 25.00 $ 25.00
Cumulative redeemable preferred shares, shares issued 2,340,969 2,340,969
Cumulative redeemable preferred shares, shares outstanding 2,340,969 2,340,969
Preferred shares, par value $ 0.01 $ 0.01
8.875% Series C Cumulative Redeemable Preferred Stock    
Preferred shares, authorized 3,600,000 3,600,000
Preferred shares, dividend rate 8.875% 8.875%
Cumulative redeemable preferred shares, liquidation preference $ 25.00 $ 25.00
Cumulative redeemable preferred shares, shares issued 1,640,425 1,640,425
Cumulative redeemable preferred shares, shares outstanding 1,640,425 1,640,425
Preferred shares, par value $ 0.01 $ 0.01
Series E Cumulative Redeemable Preferred Stock    
Preferred shares, authorized 4,000,000 4,000,000
Preferred shares, par value $ 0.01 $ 0.01
[1] As of June 30, 2017, one of our multifamily properties, with a carrying amount of $5,932, and two of our parcels of land, with a carrying amount of $14,586, were considered held-for-sale. As of December 31, 2016, three of our multifamily properties, with a carrying amount of $62,428, and two of our parcels of land, with a carrying amount of $14,233, were considered held-for-sale.