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Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($)
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Cash flows from operating activities:    
Net (loss) income $ (15,743,000) $ 19,439,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 17,766,000 14,150,000
Non-cash interest income adjustments 222,000 113,000
Amortization of deferred financing costs 1,221,000 1,261,000
Stock-based compensation expense 1,818,000 2,918,000
Amortization of debt discount 27,000 25,000
Loss on extinguishment of debt 556,000 0
Straight-line rental income adjustments (5,593,000) (5,656,000)
Provision for doubtful accounts and loan losses 2,523,000 1,144,000
Change in fair value of contingent consideration 0 100,000
Net loss on sales of real estate 4,602,000 0
Impairment of real estate 29,811,000 0
Changes in operating assets and liabilities:    
Prepaid expenses and other assets (5,900,000) (3,206,000)
Accounts payable and accrued liabilities (5,430,000) (4,988,000)
Restricted cash (1,154,000) (599,000)
Net cash provided by operating activities 24,726,000 24,701,000
Cash flows from investing activities:    
Origination and fundings of loans receivable (5,850,000) (7,303,000)
Origination and fundings of preferred equity investments (984,000) (311,000)
Additions to real estate (474,000) (675,000)
Repayment of loans receivable 8,874,000 2,052,000
Net proceeds from the sale of real estate 398,000 0
Net cash provided by (used in) investing activities 1,964,000 (6,237,000)
Cash flows from financing activities:    
Net repayments of revolving credit facility (57,000,000) (42,000,000)
Proceeds from term loans 69,360,000 0
Principal payments on mortgage notes (1,022,000) (697,000)
Payments of deferred financing costs (5,885,000) (130,000)
Issuance of common stock (1,274,000) (7,587,000)
Dividends paid on common and preferred stock (29,301,000) (25,672,000)
Net cash (used in) provided by financing activities (25,122,000) (76,086,000)
Net increase (decrease) in cash and cash equivalents 1,568,000 (57,622,000)
Effect of foreign currency translation on cash and cash equivalents 131,000 0
Cash and cash equivalents, beginning of period 7,434,000 61,793,000
Cash and cash equivalents, end of period 9,133,000 4,171,000
Supplemental disclosure of cash flow information:    
Interest paid $ 19,459,000 $ 16,761,000