Consolidated Balance Sheets - USD ($) $ in Thousands		Dec. 31, 2019	Dec. 31, 2018
Assets
Cash and cash equivalents	[1]	$ 58,171	$ 67,878
Restricted cash	[1]	297,575	30,572
Mortgage loan receivables held for investment, net, at amortized cost:
Mortgage loans held by consolidated subsidiaries	[1]	3,257,036	3,318,390
Allowance for loan losses	[1]	(20,500)	(17,900)
Mortgage loan receivables held for sale	[1]	122,325	182,439
Real estate securities	[1]	1,721,305	1,410,126
Real estate and related lease intangibles, net	[1]	1,048,081	998,022
Investments in and advances to unconsolidated joint ventures	[1]	48,433	40,354
FHLB stock	[1]	61,619	57,915
Derivative instruments	[1]	693	0
Due from brokers	[1]	244	0
Accrued interest receivable	[1]	21,066	27,214
Other assets	[1]	53,104	157,862
Total assets	[1]	6,669,152	6,272,872
Liabilities
Debt obligations, net	[1]	4,859,873	4,452,574
Due to brokers	[1]	223	1,301
Derivative instruments	[1]	0	975
Amount payable pursuant to tax receivable agreement	[1]	1,559	1,570
Dividends payable	[1]	38,696	37,316
Accrued expenses	[1]	72,397	82,425
Other liabilities	[1]	57,427	53,076
Total liabilities	[1]	5,030,175	4,629,237
Commitments and contingencies (Note 18)	[1]	0	0
Equity
Additional paid-in capital	[1]	1,532,384	1,471,157
Treasury stock, 3,184,269 and 2,701,162 shares, at cost	[1]	(42,699)	(32,815)
Retained earnings (dividends in excess of earnings)	[1]	(35,746)	11,342
Accumulated other comprehensive income (loss)	[1]	4,218	(4,649)
Total shareholders’ equity	[1]	1,458,277	1,445,153
Noncontrolling interest in operating partnership	[1]	172,054	188,427
Noncontrolling interest in consolidated joint ventures	[1]	8,646	10,055
Total equity	[1]	1,638,977	1,643,635
Total liabilities and equity	[1]	6,669,152	6,272,872
Class A Common Stock
Equity
Common stock	[1]	108	105
Class B Common Stock
Equity
Common stock	[1]	$ 12	$ 13

[1] Includes amounts relating to consolidated variable interest entities. See Note 10.