CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Interest income
Interest on bonds	$ 9,430	$ 9,159
Interest on loans and short-term investments (includes $0 and $11 related to CFVs)	3,362	711
Total interest income	12,792	9,870
Asset related interest expense
Bond related debt	2,496	1,836
Non-bond related debt	61	0
Total interest expense	2,557	1,836
Net interest income	10,235	8,034
Non-interest revenue
Other income (includes $0 and $239 related to CFVs)	352	1,004
Total revenues, net of interest expense	10,587	9,038
Operating and other expenses
Interest expense (includes $0 and $415 related to CFVs)	4,528	4,770
Salaries and benefits	1,237	11,230
External management fees and reimbursable expenses	6,869	0
General and administrative	1,558	1,607
Professional fees (includes $0 and $672 related to CFVs)	6,072	7,462
Impairments (includes $0 and $25,074 related to CFVs)	388	26,019
Asset management fee expense (includes $0 and $5,698 related to CFVs)	62	5,790
Other expenses (includes $0 and $1,825 related to CFVs)	971	2,332
Total operating and other expenses	21,685	59,210
Equity in income (loss) from unconsolidated funds and ventures (includes $0 and ($14,547) related to CFVs)	7,673	(545)
Net gains on bonds	21,875	620
Net gains (losses) on loans	311	(4,530)
Net gains on real estate and other investments	2,344	1,739
Net gains on derivatives	4,587	1,960
Net (losses) gains on extinguishment of liabilities	(14)	4,838
Net income (loss) from continuing operations before income taxes	25,678	(46,090)
Income tax (expense) benefit	(32)	1,307
Net income from discontinued operations, net of tax	35,356	18,846
Net income (loss)	61,002	(25,937)
Loss allocable to noncontrolling interests:
Net losses allocable to noncontrolling interests in CFVs:	0	45,339
Net income allocable to common shareholders	$ 61,002	$ 19,402
Basic income per common share:
Income (loss) from continuing operations	$ 4.46	$ (0.19)
Income from discontinued operations	6.14	3.50
Income per common share	10.60	3.31
Diluted income per common share:
Income (loss) from continuing operations (in dollars per share)	4.25	(0.19)
Income from discontinued operations (in dollars per share)	5.85	3.50
Income per common share (in dollars per share)	$ 10.10	$ 3.31
Weighted-average common shares outstanding:
Basic (in shares)	5,753	5,858
Diluted (in shares)	6,037	5,858
Continuing Operations [Member]
Loss allocable to noncontrolling interests:
Net losses allocable to noncontrolling interests in CFVs:	$ 0	$ 43,673
Discontinued Operations [Member]
Loss allocable to noncontrolling interests:
Net losses allocable to noncontrolling interests in CFVs:	$ 0	$ 1,666