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Loans and Preferred Equity Held for Investment, net - Changes in Allowance for Loan Losses (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Jun. 30, 2020
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Allowance for Loan and Lease Losses [Roll Forward]          
Allowance for loan losses at beginning of period   $ 272,624 $ 109,328 $ 517  
Effect of CECL adoption     21,093 0 $ 0
Provision for loan losses   85,497 220,572 109,328  
Charge-off   (41,160) (46,693) 0  
Recoveries   0 0 (517)  
Transfer to loans held for sale(4)   (300,863) (10,583) 0  
Allowance for loan losses at end of period   37,191 272,624 109,328  
Provision for loan losses transferred to held for sale $ 5,200        
Net impairment   2,700      
Provision for loan losses   78,561 $ 220,572 $ 113,911  
PD/LGD model          
Allowance for Loan and Lease Losses [Roll Forward]          
Unfunded commitments   800      
Provision for loan losses   $ 37,200