Condensed Consolidated Statement of Operations - USD ($) $ in Thousands	3 Months Ended				6 Months Ended
	Jun. 30, 2019		Jun. 30, 2018		Jun. 30, 2019		Jun. 30, 2018
Net Interest Income
Interest income	$ 38,547		$ 31,941	[1]	$ 74,563		$ 60,033	[1]
Interest expense	(19,702)		(13,383)		(37,320)		(24,946)
Total net interest income	18,845				37,243
Other income			1,094				1,811
Total investment income			33,035				61,844
Other Income (Loss)
Realized gains (losses) on securities and loans, net	(1,505)				(6,827)
Realized gains (losses) on financial derivatives, net	(10,920)				(22,490)
Realized gains (losses) on real estate owned, net	98				40
Unrealized gains (losses) on securities and loans, net	18,487				44,875
Unrealized gains (losses) on financial derivatives, net	(4,921)				(10,610)
Unrealized gains (losses) on real estate owned, net	(266)				(513)
Other, net	1,808				3,810
Total other income (loss)	2,781				8,285
Expenses
Base management fee to affiliate (Net of fee rebates)	1,661	[2]	2,021	[3]	3,383	[2]	4,000	[3]
Incentive Fee Expense			291				291
Other investment related expenses
Servicing expense	2,244		1,774		4,637		3,230
Amortization of Debt Issuance Costs	1,671				1,671
Other	1,238		1,997		2,321		3,493
Professional fees	1,178		857		3,134		1,504
Administration fees			184				363
Compensation expense	903		657		1,975		1,167
Insurance expense			120				246
Directors' fees and expenses			67				139
Share-based long term incentive plan unit expense	100		99		230		192
Other expenses	1,053		594		2,038		1,039
Total expenses	9,948		22,044		19,159		40,610
NET INVESTMENT INCOME			10,991				21,234
Net realized gain (loss) on:
Investments			(388)				12,196
Financial derivatives, excluding currency hedges			(3,632)				(2,730)
Financial derivatives—currency hedges			3,787				1,584
Foreign currency transactions			(1,110)				658
Total net realized gain (loss)			(1,343)				11,708
Change in net unrealized gain (loss) on:
Investments			7,457				605
Other secured borrowings			414				1,198
Financial derivatives, excluding currency hedges			6,553				9,749
Financial derivatives—currency hedges			76				877
Foreign currency translation			(1,964)				(1,863)
Net unrealized gain (loss)			12,536				10,566
NET REALIZED AND CHANGE IN NET UNREALIZED GAIN (LOSS) ON INVESTMENTS, OTHER SECURED BORROWINGS, FINANCIAL DERIVATIVES, AND FOREIGN CURRENCY TRANSACTIONS/TRANSLATION			11,193				22,274
NET INCREASE IN EQUITY RESULTING FROM OPERATIONS			22,184				43,508
Net Income (Loss) before Income Tax Expense and Earnings from Investments in Unconsolidated Entities	11,678				26,369
Income Tax Expense (Benefit)	376				376
Earnings from investments in unconsolidated entities	2,354				4,151
Net Income (Loss)	13,656				30,144
Net Income (Loss) Attributable to Non-Controlling Interests	1,012		991		2,092		1,276
Net Income (Loss) Attributable to Common Stockholders	$ 12,644		$ 21,193		$ 28,052		$ 42,232
Net Income (Loss) per Share of Common Stock:
Basic and Diluted (USD per share)			$ 0.69				$ 1.36
Dividends declared (in usd per share)	$ 0.42		$ 0.41		$ 0.97		$ 0.82

[1] Includes interest income and interest expense of a consolidated securitization trust of $1.3 million and $0.8 million, respectively, for the three-month period ended June 30, 2018. Includes interest income and interest expense of a consolidated securitization trust of $2.6 million and $1.7 million, respectively, for the six-month period ended June 30, 2018. See Note 6 for further details on the Company's consolidated securitization trust.

[2] See Note 13 for further details on management fee rebates.

[3] See Note 9 for further details on management fee rebates.