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Real Estate Debt Investments (Details) (USD $)
6 Months Ended 12 Months Ended 1 Months Ended 1 Months Ended 1 Months Ended 6 Months Ended 12 Months Ended 6 Months Ended 12 Months Ended 1 Months Ended 6 Months Ended 12 Months Ended 6 Months Ended 12 Months Ended 6 Months Ended 12 Months Ended 6 Months Ended 1 Months Ended 6 Months Ended
Jun. 30, 2013
investment
Dec. 31, 2012
investment
Apr. 30, 2013
Milford Plaza hotel
item
Jun. 30, 2013
Milford Plaza hotel
Apr. 30, 2013
Milford Plaza hotel
Sponsor
Jun. 30, 2013
Securitization 2012-1
Dec. 31, 2012
Securitization 2012-1
Jun. 30, 2013
Term Loan Facilities
Dec. 31, 2012
Term Loan Facilities
Apr. 30, 2013
Term Loan Facilities
Milford Plaza hotel
Jun. 30, 2013
Weighted Average
Dec. 31, 2012
Weighted Average
Jun. 30, 2013
First mortgage loans, mezzanine loans and subordinate mortgage interests
Jun. 30, 2013
First mortgage loans
investment
Dec. 31, 2012
First mortgage loans
investment
Apr. 30, 2013
First mortgage loans
Milford Plaza hotel
Jun. 30, 2013
First mortgage loans
Weighted Average
Dec. 31, 2012
First mortgage loans
Weighted Average
Jun. 30, 2013
Mezzanine loans
investment
Dec. 31, 2012
Mezzanine loans
investment
Jun. 30, 2013
Mezzanine loans
Weighted Average
Dec. 31, 2012
Mezzanine loans
Weighted Average
Jun. 30, 2013
Subordinate mortgage interests
investment
Apr. 30, 2013
Subordinate mortgage interests
Milford Plaza hotel
Jun. 30, 2013
Subordinate mortgage interests
Weighted Average
Dec. 31, 2012
First mortgage / mezzanine loans
CRE debt investments                                                    
Number 29 20                       26 18       2 2     1      
Principal Amount $ 945,910,000 $ 543,619,000                       $ 856,160,000 $ 486,992,000       $ 56,500,000 $ 56,627,000     $ 33,250,000      
Carrying Value 925,896,000 514,058,000                       836,146,000 476,717,000       56,500,000 37,341,000     33,250,000      
Description of variable rate LIBOR LIBOR                       LIBOR LIBOR       LIBOR LIBOR     LIBOR      
Fixed Rate (as a percent)                     10.56% 12.47%         9.31% 13.25%     11.50% 11.50%     13.11%  
Spread over LIBOR (as a percent)                     6.68% 6.18%         6.66% 6.14%     10.00% 10.00%     0.00%  
Unleveraged Current Yield (as a percent)                     8.64% 8.50%         8.24% 8.22%     11.90% 12.12%     13.24%  
Floating Rate as % of Principal Amount 79.20% 81.00%                       87.20% 89.50%       8.00% 8.20%     0.00%      
LIBOR floor (as a percent)                     1.35% 1.61%         1.35% 1.61%     1.35% 1.61%     1.35%  
Future funding commitments                         21,800,000                         29,800,000
Carrying value served as collateral           194,500,000 194,500,000 361,000,000 197,600,000                                  
Amount borrowed to finance initial investment in mortgage loans originated                   45,500,000                                
Principal amount of loans originated with the Sponsor     255,000,000                                              
Investments financed by borrowings together with Sponsor                               56,000,000               33,300,000    
Number of rooms     1,331                                              
Ownership percentage     35.00% 35.00%                                            
Company funded investment and the Sponsor funded     $ 89,300,000   $ 165,700,000