Combined Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Assets
Cash and cash equivalents	$ 44,615	$ 108,959
Cash collateral held by broker	19,402	30,811
Mortgage loan receivables held for investment, net, at amortized cost	1,996,095	1,738,645
Mortgage loan receivables held for sale	357,882	571,764
Real estate securities, available-for-sale	2,100,947	2,407,217
Real estate and related lease intangibles, net	822,338	834,779
Investments in unconsolidated joint ventures	34,025	33,797
FHLB stock	77,915	77,915
Derivative instruments	5,018	2,821
Due from brokers	10	0
Accrued interest receivable	24,439	22,776
Other assets	95,651	65,728
Total assets	5,578,337	5,895,212
Liabilities
Debt obligations, net	3,942,138	4,274,723
Due to brokers	394	0
Derivative instruments	3,446	5,504
Amount payable pursuant to tax receivable agreement	2,520	1,910
Dividends payable	24,682	17,456
Accrued expenses	66,597	78,142
Other liabilities	29,006	26,069
Total liabilities	4,068,783	4,403,804
Commitments and contingencies	0	0
Equity
Additional paid-in capital	992,307	776,866
Treasury stock, 1,095,048 and 548,861 shares, at cost	(11,244)	(5,812)
Retained Earnings/(Dividends in Excess of Earnings)	(11,148)	60,618
Accumulated other comprehensive income (loss)	1,365	(3,556)
Total shareholders’ equity	971,390	828,215
Noncontrolling interest in operating partnership	533,246	657,380
Noncontrolling interest in consolidated joint ventures	4,918	5,813
Total equity	1,509,554	1,491,408
Total liabilities and equity	5,578,337	5,895,212
Class A common stock
Equity
Class A common stock, par value $0.001 per share, 600,000,000 shares authorized; 72,681,218 and 55,758,710 shares issued and 71,586,170 and 55,209,849 shares outstanding Class B common stock, par value $0.001 per share, 100,000,000 shares authorized; 38,002,344 and 44,055,987 shares issued and outstanding	72	55
Class B common stock
Equity
Class A common stock, par value $0.001 per share, 600,000,000 shares authorized; 72,681,218 and 55,758,710 shares issued and 71,586,170 and 55,209,849 shares outstanding Class B common stock, par value $0.001 per share, 100,000,000 shares authorized; 38,002,344 and 44,055,987 shares issued and outstanding	$ 38	$ 44