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Debt and Preferred Equity Investments - Preferred Equity Investments (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Dec. 31, 2020
Preferred equity investment    
Aggregate weighted average current yield (as a percent) 5.90%  
Carrying Value $ 1,097,202 $ 1,076,542
Preferred Equity, June 2022    
Preferred equity investment    
Future Funding Obligations 0  
Senior Financing 1,712,750  
Carrying Value 156,169 154,691
Preferred Equity, February 2027    
Preferred equity investment    
Future Funding Obligations 0  
Senior Financing 250,000  
Carrying Value $ 106,812 105,095
Preferred equity investments    
Preferred equity investment    
Aggregate weighted average current yield (as a percent) 9.94%  
Future Funding Obligations $ 0  
Senior Financing 1,962,750  
Carrying Value 262,981 259,786
Allowance for loan loss 0 0
Total after allowance for loan loss $ 262,981 $ 259,786