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Loans - Held for Investment (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2017
Dec. 31, 2016
Mar. 31, 2016
Dec. 31, 2015
Investments in loans        
Total gross loans $ 6,615,568 $ 5,956,062    
Loan loss allowance (loans held-for-investment) (9,483) (9,788) $ (5,268) $ (6,029)
Carrying Value 6,606,085 5,946,274    
Face Amount 6,643,846 5,988,254    
Loans with variable rates of interest $ 5,716,636 5,330,218    
Loans with variable rates of interest (as a percent) 91.60%      
Weighted average spread of loans (as a percent) 5.50%      
1-month LIBOR        
Investments in loans        
Loans with variable rates of interest $ 879,641 $ 880,357    
Effective variable rate basis (as a percent) 0.9828% 0.7717%    
LIBOR floor        
Investments in loans        
Loans with variable rates of interest $ 4,836,995 $ 4,449,861    
LIBOR floor | Weighted-average        
Investments in loans        
Effective variable rate basis (as a percent) 0.39% 0.36%    
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%    
Total loans held-for-investment        
Investments in loans        
Total gross loans $ 6,240,302 $ 5,857,783    
Face Amount 6,272,649 5,890,189    
Loans held-for-sale        
Investments in loans        
Total gross loans 340,266 63,279    
Face Amount $ 336,197 $ 63,065    
Weighted Average Coupon (as a percent) 5.30% 5.30%    
Weighted Average Life 7 years 2 months 12 days 10 years    
Loans transferred as secured borrowings        
Investments in loans        
Total gross loans $ 35,000 $ 35,000    
Face Amount $ 35,000 $ 35,000    
Weighted Average Coupon (as a percent) 6.20% 6.20%    
Weighted Average Life 2 months 12 days 4 months 24 days    
First Mortgages: | Total loans held-for-investment        
Investments in loans        
Total gross loans $ 5,212,199 $ 4,865,994    
Face Amount $ 5,228,599 $ 4,881,656    
Weighted Average Coupon (as a percent) 5.60% 5.70%    
Weighted Average Life 2 years 1 month 6 days 2 years 2 months 12 days    
Subordinated mortgages | Total loans held-for-investment        
Investments in loans        
Total gross loans $ 294,754 $ 278,032    
Face Amount $ 310,085 $ 293,925    
Weighted Average Coupon (as a percent) 8.90% 8.90%    
Weighted Average Life 3 years 1 month 6 days 3 years 3 months 18 days    
Mezzanine Loans        
Investments in loans        
Carrying Value $ 1,100 $ 964,100    
Mezzanine Loans | Total loans held-for-investment        
Investments in loans        
Total gross loans 733,349 713,757    
Face Amount $ 733,965 $ 714,608    
Weighted Average Coupon (as a percent) 9.70% 9.60%    
Weighted Average Life 1 year 7 months 6 days 1 year 9 months 18 days