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Consolidated Balance Sheets (Parenthetical) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Investment in mortgages and loans, net $ 1,280,285 $ 1,606,486
Real estate, accumulated depreciation 138,214 158,688
Investments in real estate, net of accumulated depreciation [1] 716,432 986,942
Intangible assets, accumulated amortization 22,230 13,234
Indebtedness, unamortized discounts, premiums and deferred financing costs 36,892 53,092
Indebtedness, net of unamortized discounts, premiums and deferred financing costs $ 1,751,082 $ 2,399,475
Preferred shares, authorized 25,000,000 25,000,000
Common shares, par value $ 0.03 $ 0.03
Common shares, shares authorized 200,000,000 200,000,000
Common shares, shares issued 92,295,478 91,586,767
Common shares, shares outstanding 92,295,478 91,586,767
Unvested restricted common share awards 1,079,194 742,764
VIE    
Investment in mortgages and loans, net $ 1,184,588 $ 1,428,961
Real estate, accumulated depreciation 31,652 26,398
Investments in real estate, net of accumulated depreciation 192,070 252,376
Intangible assets, accumulated amortization 3,740 1,446
Indebtedness, net of unamortized discounts, premiums and deferred financing costs $ 1,288,258 $ 1,762,672
Series D Cumulative Redeemable Preferred Stock    
Series D cumulative redeemable preferred shares, par value $ 0.01 $ 0.01
Series D cumulative redeemable preferred shares, shares authorized 4,000,000 4,000,000
Series D cumulative redeemable preferred shares, shares issued 3,536,000 4,000,000
Series D cumulative redeemable preferred shares, shares outstanding 3,536,000 4,000,000
7.75% Series A Cumulative Redeemable Preferred Stock    
Preferred shares, authorized 8,069,288 8,069,288
Preferred shares, dividend rate 7.75% 7.75%
Cumulative redeemable preferred shares, liquidation preference $ 25.00 $ 25.00
Cumulative redeemable preferred shares, shares issued 5,344,353 5,306,084
Cumulative redeemable preferred shares, shares outstanding 5,344,353 5,306,084
Preferred shares, par value $ 0.01 $ 0.01
8.375% Series B Cumulative Redeemable Preferred Stock    
Preferred shares, authorized 4,300,000 4,300,000
Preferred shares, dividend rate 8.375% 8.375%
Cumulative redeemable preferred shares, liquidation preference $ 25.00 $ 25.00
Cumulative redeemable preferred shares, shares issued 2,340,969 2,340,969
Cumulative redeemable preferred shares, shares outstanding 2,340,969 2,340,969
Preferred shares, par value $ 0.01 $ 0.01
8.875% Series C Cumulative Redeemable Preferred Stock    
Preferred shares, authorized 3,600,000 3,600,000
Preferred shares, dividend rate 8.875% 8.875%
Cumulative redeemable preferred shares, liquidation preference $ 25.00 $ 25.00
Cumulative redeemable preferred shares, shares issued 1,640,425 1,640,425
Cumulative redeemable preferred shares, shares outstanding 1,640,425 1,640,425
Preferred shares, par value $ 0.01 $ 0.01
Series E Cumulative Redeemable Preferred Stock    
Preferred shares, authorized 4,000,000 4,000,000
Preferred shares, par value $ 0.01 $ 0.01
[1] As of December 31, 2016, three of our multifamily properties, with a carrying amount of $62,428, and two of our parcels of land, with a carrying amount of $14,233, were considered held-for-sale.