Investment Securities, at Fair Value (Tables)

9 Months Ended

Sep. 30, 2018

Investments, Debt and Equity Securities [Abstract]

Schedule of Unrealized Gains and Losses on Investment Securities

The following tables detail the unrealized gains and losses on investment securities as of September 30, 2018 and December 31, 2017 (in thousands):

	September 30, 2018
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value
CMBS	$	25,928	$	354	$	—	$	26,282

	December 31, 2017
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value
CMBS	$	43,006	$	895	$	(2,927	)	$	40,974

Schedule of Maturity of CMBS

The scheduled maturity of the Company’s CMBS as of September 30, 2018 are as follows (in thousands):

	September 30, 2018
	Amortized Cost		Fair Value
Due after one year through five years	$	13,721	$	14,075
Due after five years through 10 years	12,207		12,207
Total	$	25,928	$	26,282