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Loans - Held for Investment (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2016
Dec. 31, 2015
Mar. 31, 2015
Dec. 31, 2014
Investments in loans        
Total gross loans $ 6,435,659 $ 6,269,546    
Loan loss allowance (loans held-for-investment) (5,268) (6,029) $ (6,348) $ (6,031)
Carrying Value 6,430,391 6,263,517    
Face Amount 6,493,001 6,335,023    
Loans with variable rates of interest $ 5,255,860 5,052,055    
Loans with variable rates of interest (as a percent) 84.90%      
Weighted average spread of loans (as a percent) 5.90%      
1-month LIBOR        
Investments in loans        
Loans with variable rates of interest $ 555,960 $ 438,641    
Effective variable rate basis (as a percent) 0.4373% 0.4295%    
LIBOR floor        
Investments in loans        
Loans with variable rates of interest $ 4,333,422 $ 4,237,947    
LIBOR floor | Weighted-average        
Investments in loans        
Effective variable rate basis (as a percent) 0.32% 0.31%    
LIBOR floor | Minimum        
Investments in loans        
Effective variable rate basis (as a percent) 0.15% 0.15%    
LIBOR floor | Maximum        
Investments in loans        
Effective variable rate basis (as a percent) 3.00% 3.00%    
3-month LIBOR        
Investments in loans        
Loans with variable rates of interest $ 366,478 $ 375,467    
Effective variable rate basis (as a percent) 0.5881% 0.5904%    
Total loans held-for-investment        
Investments in loans        
Total gross loans $ 6,192,922 $ 5,979,108    
Face Amount 6,251,126 6,043,313    
Loans held-for-sale        
Investments in loans        
Total gross loans 154,225 203,865    
Face Amount $ 151,970 $ 203,710    
Weighted Average Coupon (as a percent) 5.20% 4.90%    
Weighted Average Life 9 years 9 months 18 days 9 years 9 months 18 days    
Loans transferred as secured borrowings        
Investments in loans        
Total gross loans $ 88,512 $ 86,573    
Face Amount $ 89,905 $ 88,000    
Weighted Average Coupon (as a percent) 6.10% 6.10%    
Weighted Average Life 2 years 2 months 12 days 2 years 4 months 24 days    
First Mortgages: | Total loans held-for-investment        
Investments in loans        
Total gross loans $ 5,030,487 $ 4,723,852    
Face Amount $ 5,081,967 $ 4,776,576    
Weighted Average Coupon (as a percent) 5.90% 6.00%    
Weighted Average Life 2 years 4 months 24 days 2 years 8 months 12 days    
Subordinated mortgages | Total loans held-for-investment        
Investments in loans        
Total gross loans $ 392,315 $ 392,563    
Face Amount $ 414,875 $ 416,713    
Weighted Average Coupon (as a percent) 8.50% 8.50%    
Weighted Average Life 3 years 2 months 12 days 3 years 4 months 24 days    
Mezzanine Loans        
Investments in loans        
Carrying Value $ 1,000,000 $ 930,000    
Mezzanine Loans | Total loans held-for-investment        
Investments in loans        
Total gross loans 770,120 862,693    
Face Amount $ 754,284 $ 850,024    
Weighted Average Coupon (as a percent) 9.90% 9.90%    
Weighted Average Life 2 years 3 months 18 days 2 years 6 months