Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Investment in mortgage loans, held for investment:
Commercial mortgage loans, mezzanine loans, and preferred equity interests	$ 627,910	$ 1,270,607
Allowance for loan losses	(23,617)	(14,883)
Investments in real estate, net of accumulated depreciation	123,145	245,904
Cash and cash equivalents	98,352	53,380
Restricted cash	86,154	157,914
Accrued interest receivable	24,959	29,664
Other assets	14,134	43,871
Intangible assets, net of accumulated amortization of $5,527 and $6,831, respectively	1,893	5,376
Total assets	957,603	1,791,833
Liabilities and Equity
Indebtedness, net of unamortized discounts, premiums and deferred financing costs of $17,880 and $29,465 respectively (including $560,287 and $1,038,864 held by consolidated VIEs, respectively)	814,987	1,390,188
Accrued interest payable	3,857	4,688
Accounts payable and accrued expenses	4,931	9,641
Borrowers' escrows	46,844	117,070
Deferred taxes and other liabilities	2,573	12,116
Total liabilities	873,192	1,533,703
Series D cumulative redeemable preferred shares, $0.01 par value per share, 0 and 4,000,000 shares authorized, respectively, 0 and 3,133,720 shares issued and outstanding, respectively		78,343
Shareholders’ equity:
Common shares, $1.50 par value per share, 200,000,000 shares authorized 1,850,471 and 1,860,903 issued and outstanding, respectively, including 10,264 and 24,930 unvested restricted common share awards, respectively	2,776	2,791
Additional paid in capital	2,102,170	2,094,804
Accumulated other comprehensive income (loss)	9,743
Retained earnings (deficit)	(2,030,378)	(1,921,533)
Total shareholders’ equity	84,411	176,155
Noncontrolling interests		3,632
Total equity	84,411	179,787
Total liabilities and equity	957,603	1,791,833
Held For Investment
Investment in mortgage loans, held for investment:
Investment in mortgage loans	604,293	1,255,724
Held For Sale
Investment in mortgage loans, held for investment:
Investment in mortgage loans	4,673
7.75% Series A Cumulative Redeemable Preferred Stock
Shareholders’ equity:
Preferred shares, $0.01 par value per share	57	53
Total equity	57	53
8.375% Series B Cumulative Redeemable Preferred Stock
Shareholders’ equity:
Preferred shares, $0.01 par value per share	25	23
Total equity	25	23
8.875% Series C Cumulative Redeemable Preferred Stock
Shareholders’ equity:
Preferred shares, $0.01 par value per share	18	17
Total equity	18	17
Series E Cumulative Redeemable Preferred Stock
Shareholders’ equity:
Preferred shares, $0.01 par value per share