Consolidated Balance Sheets - USD ($) $ in Thousands		Dec. 31, 2023	Dec. 31, 2022
Assets
Cash and cash equivalents	[1]	$ 1,015,678	$ 609,078
Restricted cash	[1]	15,450	50,524
Mortgage loan receivables held for investment, net, at amortized cost:
Mortgage loans receivable	[1]	3,155,089	3,885,746
Allowance for credit losses	[1]	(43,165)	(20,755)
Mortgage loan receivables held for sale	[1]	26,868	27,391
Securities	[1]	485,533	587,519
Real estate and related lease intangibles, net	[1]	726,442	700,136
Investments in and advances to unconsolidated ventures	[1]	6,877	6,219
Derivative instruments	[1]	1,454	2,038
Accrued interest receivable	[1]	24,233	24,938
Other assets	[1]	98,218	78,339
Total assets	[1]	5,512,677	5,951,173
Liabilities
Debt obligations, net	[1]	3,783,946	4,245,697
Dividends payable	[1]	32,294	32,000
Accrued expenses	[1]	65,144	68,227
Other liabilities	[1]	99,095	71,688
Total liabilities	[1]	3,980,479	4,417,612
Commitments and contingencies	[1]	0	0
Equity
Additional paid-in capital	[1]	1,756,750	1,826,833
Treasury stock, 1,115,789 and 1,525,429 shares, at cost	[1]	(12,001)	(95,600)
Retained earnings (dividends in excess of earnings)	[1]	(197,875)	(177,005)
Accumulated other comprehensive income (loss)	[1]	(13,853)	(21,009)
Total shareholders’ equity	[1]	1,533,148	1,533,346
Noncontrolling interests in consolidated ventures	[1]	(950)	215
Total equity	[1]	1,532,198	1,533,561
Total liabilities and equity	[1]	5,512,677	5,951,173
Class A Common Stock
Equity
Class A common stock, par value $0.001 per share, 600,000,000 shares authorized; 128,027,478 and 128,027,478 shares issued and 126,911,689 and 126,502,049 shares outstanding as of December 31, 2023 and December 31, 2022, respectively.	[1]	$ 127	$ 127

[1] Includes amounts relating to consolidated variable interest entities. Refer to Note 2 and Note 9.