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Fair Values (Tables)
 12 Months Ended
Dec. 31, 2022
Fair Value Disclosures [Abstract]  
Assets and Liabilities Measured at Fair Value on Recurring Basis
The following table summarizes our assets and liabilities measured at fair value on a recurring basis ($ in thousands):
 December 31, 2022December 31, 2021
 Level 1Level 2Level 3TotalLevel 1Level 2Level 3Total
Assets        
Derivatives$— $7,349 $— $7,349 $— $30,531 $— $30,531 
Liabilities
Derivatives$— $119,665 $— $119,665 $— $5,890 $— $5,890 
Schedule of Details of Carrying Amount, Face Amount, and Fair Value of Financial Instruments
The following table details the book value, face amount, and fair value of the financial instruments described in Note 2 ($ in thousands):
 December 31, 2022December 31, 2021
 
Book
Value
Face
 Amount
Fair
Value
Book
Value
Face
 Amount
Fair
Value
Financial assets      
Cash and cash equivalents$291,340 $291,340 $291,340 $551,154 $551,154 $551,154 
Loans receivable, net24,691,743 25,160,343 24,445,042 21,878,338 22,156,437 22,013,762 
Debt securities held-to-maturity, net(1)
— — — 78,013 79,200 77,229 
Financial liabilities
Secured debt, net13,528,164 13,549,748 13,121,306 12,280,042 12,299,580 12,299,580 
Securitized debt obligations, net2,664,010 2,673,541 2,597,377 2,838,062 2,855,625 2,850,399 
Asset-specific debt, net942,503 950,278 934,815 393,824 400,699 400,699 
Loan participations sold, net224,232 224,744 217,717 — — — 
Secured term loans, net2,114,549 2,157,218 2,103,943 1,327,406 1,349,271 1,335,844 
Senior secured notes, net395,166 400,000 343,665 394,010 400,000 399,012 
Convertible notes, net514,257 520,000 478,232 619,876 622,500 630,821 
(1)Included in other assets on our consolidated balance sheets.