Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Investment in mortgage loans, held for investment:
Commercial mortgage loans, mezzanine loans, and preferred equity interests	$ 502,397	$ 1,270,607
Allowance for loan losses	(22,336)	(14,883)
Investments in real estate, net of accumulated depreciation	107,824	245,904
Investments in real estate, held for sale	4,918
Cash and cash equivalents	42,453	53,380
Restricted cash	63,067	157,914
Accrued interest receivable	18,044	29,664
Other assets	10,807	43,871
Intangible assets, net of accumulated amortization of $5,703 and $6,831, respectively	1,717	5,376
Total assets	733,764	1,791,833
Liabilities and Equity
Indebtedness, net of unamortized discounts, premiums and deferred financing costs of $16,643 and $29,465 respectively (including $440,776 and $1,038,864 held by consolidated VIEs, respectively)	625,916	1,390,188
Accrued interest payable	2,401	4,688
Accounts payable and accrued expenses	3,330	9,641
Borrowers' escrows	31,343	117,070
Deferred taxes and other liabilities	2,268	12,116
Total liabilities	665,258	1,533,703
Series D cumulative redeemable preferred shares, $0.01 par value per share, 0 and 4,000,000 shares authorized, respectively, 0 and 3,133,720 shares issued and outstanding, respectively		78,343
Shareholders’ equity:
Common shares, $1.50 par value per share, 200,000,000 shares authorized 1,850,451 and 1,860,903 issued and outstanding, respectively, including 6,844 and 24,930 unvested restricted common share awards, respectively	2,776	2,791
Additional paid in capital	2,102,274	2,094,804
Accumulated other comprehensive income (loss)	11,473
Retained earnings (deficit)	(2,048,117)	(1,921,533)
Total shareholders’ equity	68,506	176,155
Noncontrolling interests		3,632
Total equity	68,506	179,787
Total liabilities and equity	733,764	1,791,833
Held For Investment
Investment in mortgage loans, held for investment:
Investment in mortgage loans	480,061	1,255,724
Held For Sale
Investment in mortgage loans, held for investment:
Investment in mortgage loans	4,873
7.75% Series A Cumulative Redeemable Preferred Stock
Shareholders’ equity:
Preferred shares, $0.01 par value per share	57	53
Total equity	57	53
8.375% Series B Cumulative Redeemable Preferred Stock
Shareholders’ equity:
Preferred shares, $0.01 par value per share	25	23
Total equity	25	23
8.875% Series C Cumulative Redeemable Preferred Stock
Shareholders’ equity:
Preferred shares, $0.01 par value per share	18	17
Total equity	18	17
Series E Cumulative Redeemable Preferred Stock
Shareholders’ equity:
Preferred shares, $0.01 par value per share