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Borrowings-Outstanding Debt (Details) (USD $)
 6 Months Ended
Jun. 30, 2014
extension
Dec. 31, 2013
Debt Instrument [Line Items]    
Principal Amount $ 783,479,000 $ 638,182,000
Carrying Value 783,385,000 637,752,000
Securitization Bonds Payable
    
Debt Instrument [Line Items]    
Principal Amount 482,593,000 507,359,000
Carrying Value 482,499,000 506,929,000
Securitization 2013-1
    
Debt Instrument [Line Items]    
Principal Amount 382,241,000 382,700,000
Carrying Value 382,076,000 382,250,000
Securitization 2013-2
    
Debt Instrument [Line Items]    
Principal Amount 100,352,000 124,659,000
Carrying Value 100,423,000 124,679,000
Mortgage notes payable
    
Debt Instrument [Line Items]    
Principal Amount 131,603,000 102,500,000
Carrying Value 131,603,000 102,500,000
MF 1 Senior Mortgage
    
Debt Instrument [Line Items]    
Contractual Interest Rate (percent) 4.84%  
Principal Amount 43,500,000 43,500,000
Carrying Value 43,500,000 43,500,000
MF 2 Senior Mortgage
    
Debt Instrument [Line Items]    
Contractual Interest Rate (percent) 4.94%  
Principal Amount 43,000,000 43,000,000
Carrying Value 43,000,000 43,000,000
SH 1 Senior Mortgage
    
Debt Instrument [Line Items]    
Contractual Interest Rate (percent) 5.15%  
Principal Amount 16,000,000 16,000,000
Carrying Value 16,000,000 16,000,000
SH 2 Senior Mortgage
    
Debt Instrument [Line Items]    
Contractual Interest Rate (percent) 5.27%  
Principal Amount 12,903,000 0
Carrying Value 12,903,000 0
Number of separate senior mortgage notes presented together 2  
Weighted average interest rate (percent) 5.27%  
SH 3 Senior Mortgage
    
Debt Instrument [Line Items]    
Contractual Interest Rate (percent) 5.84%  
Principal Amount 16,200,000 0
Carrying Value 16,200,000 0
Credit facilities
    
Debt Instrument [Line Items]    
Principal Amount 169,283,000 28,323,000
Carrying Value 169,283,000 28,323,000
Loan Facility 2
    
Debt Instrument [Line Items]    
Contractual Interest Rate (percent) 2.66%  
Principal Amount 51,000,000 0
Carrying Value 51,000,000 0
Percentage of repurchase price for purchased assets for which a recourse is available for debt yielding equal to or greater than 10% at the time of financing (percent) 25.00%  
Percentage of repurchase price for purchased assets for which a recourse is available for debt yield less than 10% at the time of financing (percent) 100.00%  
Number of optional extensions to initial maturity date available to the entity (extensions) 3  
Optional extension period of initial maturity date 1 year  
Loan Facility 2 | Minimum
    
Debt Instrument [Line Items]    
Interest rate margin (as a percent) 2.00%  
Loan Facility 2 | Maximum
    
Debt Instrument [Line Items]    
Interest rate margin (as a percent) 4.00%  
Loan Facility 3
    
Debt Instrument [Line Items]    
Contractual Interest Rate (percent) 5.66%  
Principal Amount 9,000,000 16,638,000
Carrying Value 9,000,000 16,638,000
Number of optional extensions to initial maturity date available to the entity (extensions) 3  
Optional extension period of initial maturity date 1 year  
Loan Facility 3 | Minimum
    
Debt Instrument [Line Items]    
Interest rate margin (as a percent) 3.95%  
Loan Facility 3 | Maximum
    
Debt Instrument [Line Items]    
Interest rate margin (as a percent) 5.95%  
Loan Facility 4
    
Debt Instrument [Line Items]    
Contractual Interest Rate (percent) 2.65%  
Principal Amount 97,598,000 0
Carrying Value 97,598,000 0
Number of optional extensions to initial maturity date available to the entity (extensions) 3  
Optional extension period of initial maturity date 1 year  
Percentage of financed amount of stabilized loans for which recourse is available (percent) 25.00%  
Financed amount of loans for which recourse is available 25,000,000.0  
Loan Facility 4 | Minimum
    
Debt Instrument [Line Items]    
Interest rate margin (as a percent) 2.50%  
Loan Facility 4 | Maximum
    
Debt Instrument [Line Items]    
Interest rate margin (as a percent) 3.00%  
CMBS Facilities
    
Debt Instrument [Line Items]    
Contractual Interest Rate (percent) 1.42%  
Principal Amount 11,685,000 11,685,000
Carrying Value $ 11,685,000 $ 11,685,000
CMBS Facilities | Minimum
    
Debt Instrument [Line Items]    
Maturity period of debt instruments depending upon the asset type 2 months  
CMBS Facilities | Maximum
    
Debt Instrument [Line Items]    
Maturity period of debt instruments depending upon the asset type 3 months  
LIBOR | Securitization 2013-1
    
Debt Instrument [Line Items]    
Contractual Interest Rate (percent) 2.68%  
LIBOR | Securitization 2013-2
    
Debt Instrument [Line Items]    
Contractual Interest Rate (percent) 1.77%