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Debt Obligations - Additional Information (Detail)
3 Months Ended 0 Months Ended 3 Months Ended 0 Months Ended 3 Months Ended 3 Months Ended 3 Months Ended 3 Months Ended 3 Months Ended 0 Months Ended 3 Months Ended 3 Months Ended 3 Months Ended
Mar. 31, 2014
USD ($)
Facility
Dec. 31, 2013
USD ($)
Nov. 30, 2013
Convertible Senior Notes [Member]
USD ($)
Mar. 31, 2014
Convertible Senior Notes [Member]
Nov. 30, 2013
Convertible Senior Notes [Member]
Class A Common Stock [Member]
USD ($)
Mar. 31, 2014
CT CDO I [Member]
USD ($)
Dec. 31, 2013
CT CDO I [Member]
USD ($)
Mar. 31, 2014
Maximum [Member]
Mar. 31, 2014
Minimum [Member]
USD ($)
Mar. 31, 2014
Asset-Specific Repurchase Agreements [Member]
USD ($)
Dec. 31, 2013
Asset-Specific Repurchase Agreements [Member]
USD ($)
Mar. 31, 2014
Wells Fargo [Member]
USD ($)
Mar. 13, 2014
Wells Fargo [Member]
USD ($)
Jul. 30, 2013
Wells Fargo [Member]
USD ($)
Jul. 08, 2013
Wells Fargo [Member]
USD ($)
Jun. 07, 2013
Wells Fargo [Member]
USD ($)
Mar. 13, 2014
Wells Fargo [Member]
Maximum [Member]
Mar. 31, 2014
Wells Fargo [Member]
June 30, 2013 Credit Facility [Member]
Mar. 31, 2014
Wells Fargo [Member]
June 7, 2013 Credit Facility [Member]
Mar. 31, 2014
Wells Fargo [Member]
March 13, 2014 Credit Facility [Member]
Mar. 31, 2014
Wells Fargo [Member]
July 8, 2013 Credit Facility [Member]
Mar. 31, 2014
Weighted Average Cash Coupon [Member]
Mar. 31, 2014
Weighted-Average All-In Cost Of Credit [Member]
Mar. 31, 2014
Morgan Stanley [Member]
USD ($)
Mar. 03, 2014
Morgan Stanley [Member]
USD ($)
Mar. 03, 2013
Morgan Stanley [Member]
GBP (£)
Mar. 03, 2014
Morgan Stanley [Member]
Maximum [Member]
Mar. 31, 2014
JP Morgan [Member]
USD ($)
Dec. 20, 2013
JP Morgan [Member]
USD ($)
Dec. 20, 2013
JP Morgan [Member]
GBP (£)
Jun. 28, 2013
JP Morgan [Member]
USD ($)
Dec. 20, 2013
JP Morgan [Member]
Mezzanine and Junior Mortgage Collateral [Member]
Jun. 28, 2013
JP Morgan [Member]
Mezzanine and Junior Mortgage Collateral [Member]
Dec. 20, 2013
JP Morgan [Member]
Maximum [Member]
Senior Collateral [Member]
Jun. 28, 2013
JP Morgan [Member]
Maximum [Member]
Senior Collateral [Member]
Mar. 31, 2014
JP Morgan [Member]
Asset-Specific Repurchase Agreements [Member]
USD ($)
Sep. 30, 2013
JP Morgan [Member]
Asset-Specific Repurchase Agreements [Member]
Repurchase Agreements [Member]
USD ($)
Mar. 31, 2014
Citibank [Member]
USD ($)
Jun. 12, 2013
Citibank [Member]
First Tranche [Member]
USD ($)
Mar. 31, 2014
Citibank [Member]
Second Tranche [Member]
Jul. 26, 2013
Citibank [Member]
Second Tranche [Member]
USD ($)
Jun. 12, 2013
Citibank [Member]
Maximum [Member]
Mar. 31, 2014
Bank of America [Member]
USD ($)
Sep. 23, 2013
Bank of America [Member]
USD ($)
May 21, 2013
Bank of America [Member]
USD ($)
May 21, 2013
Bank of America [Member]
Maximum [Member]
Senior Collateral [Member]
May 21, 2013
Bank of America [Member]
Maximum [Member]
Mezzanine and Junior Mortgage Collateral [Member]
Debt Instrument [Line Items]                                                                                              
Number of revolving repurchase facility closed 2                                                                                            
Proceeds from line of credit $ 912,600,000                                                                                            
Aggregate borrowings 1,500,000,000                                                                                            
Description of interest rate           LIBOR plus 2.40%           LIBOR plus 2.07%           LIBOR plus 2.25% LIBOR plus at 2.50%   LIBOR plus 4.00% LIBOR plus 2.09% per annum LIBOR plus 2.36% per annum Three-month LIBOR plus 2.38%       LIBOR plus 2.25%                   LIBOR plus 2.07%         LIBOR plus 1.80%        
LIBOR basis spread on debt obligation           2.40%           2.07%           2.25% 2.50%   4.00% 2.09% 2.36% 2.38%       2.04%                   2.07%         1.80%        
Weighted-average initial maturity 2 years 3 months 18 days                                                                                            
Weighted average outstanding repurchase obligation 1,100,000,000                                                                                            
Facility size                         500,000,000 59,800,000 32,000,000 250,000,000                 412,600,000 250,000,000     252,500,000 153,000,000 250,000,000         71,600,000 112,000,000   250,000,000   250,000,000       250,000,000    
Maturity period                                   The initial maturity date of the facility is August 8, 2015, which may be extended pursuant to three one-year extension options, each of which may be exercised by us. The initial maturity date of the facility is June 7, 2016, which may be extended pursuant to (i) two one-year extension options, each of which may be exercised by us, and (ii) an additional one-year extension option, contingent upon notice regarding the failure of the collateral mortgage loan to be repaid at its final maturity. The repurchase agreement specifies a one-year availability period, during which new advances can be made and which availability period is renewable at the discretion of Wells Fargo. The maturity date of the facility is August 9, 2014, which may be extended pursuant to a six-month extension option, which may be exercised by us.             The repurchase agreement specifies a one-year availability period, during which new advances can be made and which availability period is renewable at the discretion of JP Morgan.                   The initial facility expiration date is June 12, 2016, which may be extended annually by us.   The second tranche is subject to a one-year 'availability period,' during which new financing transactions can be initiated     The initial maturity date of the facility is May 21, 2016, subject to two one-year extension options        
Outstanding borrowings                   1,529,788,000 1,109,353,000 139,300,000                       66,000,000       430,000,000                   307,200,000         364,800,000        
Maximum advance rate                       77.80%                       80.00%       77.10%                   74.70%         79.10%        
Percentage of recourse debt                                 25.00%                   25.00%         100.00% 100.00% 25.00% 25.00%             25.00%       50.00% 100.00%
Master repurchase agreement, maturity date                                                 Mar. 03, 2017     Dec. 20, 2016                                      
Maturity date                                                                         June 2014                    
Additional potential advances                                                                                       250,000,000      
Covenants, EBITDA to fixed charges               1.40 1.0                                                                            
Covenants, minimum tangible net worth 717,100,000                                                                                            
Covenants, percentage of tangible assets on cash proceeds from equity issuances 75.00%                                                                                            
Covenants, minimum cash liquidity amount                 10,000,000                                                                            
Covenants, percentage of recourse indebtedness 5.00%                                                                                            
Covenants, indebtedness to total assets               83.33%                                                                              
Convertible Senior Notes, Principal amount     172,500,000                                                                                        
Convertible Senior Notes, Interest rate     5.25%                                                                                        
Maturity Date       Dec. 01, 2018   Jul. 31, 2039                                                                                  
Convertible Senior Notes, Interest rate including underwriter discounts     5.87%                                                                                        
Debt conversion, converted instrument, common stock issued         34.8943                                                                                    
Debt conversion, convertible notes, principal amount         1,000                                                                                    
Debt instrument, convertible, conversion price         $ 28.66                                                                                    
Description of convertible notes conversion     The Convertible Notes are convertible, at the holders' option, into shares of our class A common stock at any time prior to the close of business on the business day immediately preceding September 1, 2018, subject to certain limitations, at the applicable conversion rate in effect on the conversion date.                                                                                        
Discount upon issuance of Convertible Notes     9,100,000                                                                                        
Convertible Notes, effective interest rate     6.50%                                                                                        
Convertible Senior Notes, Interest rate including amortization of discount upon issuance     7.16%                                                                                        
Securitized debt obligations $ 39,394,000 $ 40,181,000       $ 39,394,000 $ 40,181,000