Consolidated Balance Sheets - USD ($) $ in Thousands		Dec. 31, 2020	Dec. 31, 2019
Assets
Cash and cash equivalents		$ 1,254,432	$ 58,171
Restricted cash	[1]	29,852	297,575
Mortgage loan receivables held for investment, net, at amortized cost:
Mortgage loans receivable	[1]	2,354,059	3,257,036
Allowance for credit losses		(41,507)	(20,500)
Mortgage loan receivables held for sale	[1]	30,518	122,325
Real estate securities	[1]	1,058,298	1,721,305
Real estate and related lease intangibles, net	[1]	985,304	1,048,081
Investments in and advances to unconsolidated joint ventures	[1]	46,253	48,433
FHLB stock	[1]	31,000	61,619
Derivative instruments	[1]	299	693
Accrued interest receivable	[1]	16,088	21,066
Other assets	[1]	116,633	53,348
Total assets	[1]	5,881,229	6,669,152
Liabilities
Debt obligations, net	[1]	4,209,864	4,859,873
Dividends payable	[1]	27,537	38,696
Accrued expenses	[1]	43,876	72,397
Other liabilities	[1]	51,527	59,209
Total liabilities	[1]	4,332,804	5,030,175
Commitments and contingencies (Note 18)	[1]	0	0
Equity
Additional paid-in capital	[1]	1,780,074	1,532,384
Treasury stock, 474,050 and 3,184,269 shares, at cost	[1]	(62,859)	(42,699)
Retained earnings (dividends in excess of earnings)	[1]	(163,717)	(35,746)
Accumulated other comprehensive income (loss)	[1]	(10,463)	4,218
Total shareholders’ equity	[1]	1,543,162	1,458,277
Noncontrolling interest in operating partnership	[1]	0	172,054
Noncontrolling interest in consolidated joint ventures	[1]	5,263	8,646
Total equity	[1]	1,548,425	1,638,977
Total liabilities and equity	[1]	5,881,229	6,669,152
Class A Common Stock
Equity
Common stock	[1]	127	108
Class B Common Stock
Equity
Common stock	[1]	$ 0	$ 12

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