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Carrying Amount and Fair Value of Financial Instruments (Detail) - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
Assets    
Derivative assets $ 85  
Liabilities    
Junior subordinated notes 12,524 $ 11,822
Fair Value of Liabilities 17  
Warrants and investor SARs 27,500 30,400
Carrying Amount    
Assets    
Total investment in mortgages and loans, net 1,244,191 1,280,285
Cash and cash equivalents 89,317 110,531
Restricted cash 193,580 190,179
Derivative assets 85 206
Carrying Amount | Derivative Liabilities    
Liabilities    
Fair Value of Liabilities 17  
Carrying Amount | Warrants and investor SARs    
Liabilities    
Warrants and investor SARs 27,500 30,400
Carrying Amount | Recourse Indebtedness | 7.0% convertible senior notes    
Liabilities    
Convertible senior notes 832 831
Carrying Amount | Recourse Indebtedness | 4.0% convertible senior notes    
Liabilities    
Convertible senior notes 121,065 120,271
Carrying Amount | Recourse Indebtedness | 7.625% senior notes due 2024    
Liabilities    
Indebtedness 55,687 55,568
Carrying Amount | Recourse Indebtedness | 7.125% Senior Notes due 2019    
Liabilities    
Indebtedness 69,477 69,188
Carrying Amount | Recourse Indebtedness | Senior Secured Notes    
Liabilities    
Indebtedness 14,355 58,233
Carrying Amount | Recourse Indebtedness | Junior subordinated notes, at amortized cost    
Liabilities    
Junior subordinated notes 25,100 25,100
Carrying Amount | Recourse Indebtedness | CMBS Facilities    
Liabilities    
Indebtedness 29,818 24,908
Carrying Amount | Non-recourse indebtedness | CDO notes payable, at amortized cost    
Liabilities    
Notes payable 370,379 534,501
Carrying Amount | Non-recourse indebtedness | Loans payable on real estate    
Liabilities    
Loans payable on real estate 134,687 185,668
Carrying Amount | Other indebtedness    
Liabilities    
Indebtedness 40,880 23,915
Carrying Amount | CMBS securitizations | Non-recourse indebtedness    
Liabilities    
Notes payable 713,263 641,077
Carrying Amount | Junior subordinated notes, at fair value | Recourse Indebtedness    
Liabilities    
Junior subordinated notes 12,524 11,822
Estimated Fair Value    
Assets    
Total investment in mortgages and loans, net 1,192,723 1,256,342
Cash and cash equivalents 89,317 110,531
Restricted cash 193,580 190,179
Derivative assets 85 206
Estimated Fair Value | Derivative Liabilities    
Liabilities    
Fair Value of Liabilities 17  
Estimated Fair Value | Warrants and investor SARs    
Liabilities    
Warrants and investor SARs 27,500 30,400
Estimated Fair Value | Recourse Indebtedness | 7.0% convertible senior notes    
Liabilities    
Convertible senior notes 590 890
Estimated Fair Value | Recourse Indebtedness | 4.0% convertible senior notes    
Liabilities    
Convertible senior notes 119,680 116,861
Estimated Fair Value | Recourse Indebtedness | 7.625% senior notes due 2024    
Liabilities    
Indebtedness 55,018 53,231
Estimated Fair Value | Recourse Indebtedness | 7.125% Senior Notes due 2019    
Liabilities    
Indebtedness 70,420 69,118
Estimated Fair Value | Recourse Indebtedness | Senior Secured Notes    
Liabilities    
Indebtedness 15,783 62,620
Estimated Fair Value | Recourse Indebtedness | Junior subordinated notes, at amortized cost    
Liabilities    
Junior subordinated notes 13,995 13,099
Estimated Fair Value | Recourse Indebtedness | CMBS Facilities    
Liabilities    
Indebtedness 30,708 26,421
Estimated Fair Value | Non-recourse indebtedness | CDO notes payable, at amortized cost    
Liabilities    
Notes payable 329,004 477,032
Estimated Fair Value | Non-recourse indebtedness | Loans payable on real estate    
Liabilities    
Loans payable on real estate 137,583 188,525
Estimated Fair Value | Other indebtedness    
Liabilities    
Indebtedness 40,830 24,321
Estimated Fair Value | CMBS securitizations | Non-recourse indebtedness    
Liabilities    
Notes payable 721,456 646,642
Estimated Fair Value | Junior subordinated notes, at fair value | Recourse Indebtedness    
Liabilities    
Junior subordinated notes $ 12,524 $ 11,822