CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019
Cash flows from operating activities:
Net (loss) income	$ (11,742)	$ 20,430
Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Depreciation and amortization, net	59,546	87,584
Amortization of deferred financing costs	3,061	3,945
Amortization of fair value adjustment of mortgage notes payable assumed	(70)	(67)
Amortization and accretion on deferred loan fees	(1,603)	(2,319)
Amortization of premiums and discounts on broadly syndicated loans, net	(387)	0
Amortization of premiums and discounts on real estate-related securities	45	0
Capitalized interest income	(539)	(7,428)
Equity-based compensation	120	98
Straight-line rental income	(4,416)	(4,880)
Write-offs for uncollectable lease-related receivables	5,334	754
Gain on disposition of real estate assets, net	(20,120)	(19,190)
Loss on sale of broadly syndicated loans	562	0
Amortization of gain on swap termination	(11)	(14)
Impairment of real estate assets	15,983	57,163
Provision for credit losses	33,037	0
Write-off of deferred financing costs	633	232
Changes in assets and liabilities:
Rents and tenant receivables	(12,923)	2,299
Prepaid expenses and other assets	1,698	(4,994)
Accounts payable and accrued expenses	5,344	7,638
Deferred rental income and other liabilities	(4,254)	(2,717)
Due to affiliates	(1,740)	2,209
Net cash provided by operating activities	67,558	140,743
Cash flows from investing activities:
Investment in real estate-related securities	(76,644)	0
Investment in broadly syndicated loans	(474,990)	0
Investment in real estate assets and capital expenditures	(18,795)	(21,374)
Origination and acquisition of loans held-for-investment, net	(223,608)	(102,440)
Principal payments received on loans held-for-investment	80,263	14,445
Principal payments received on real estate-related securities	1,448	0
Origination and exit fees received on loans held-for-investment	3,200	497
Net proceeds from disposition of real estate assets	194,691	196,480
Net proceeds from sale of broadly syndicated loans	25,837	0
Payment of property escrow deposits	(550)	(350)
Refund of property escrow deposits	250	350
Proceeds from the settlement of insurance claims	0	20
Net cash (used in) provided by investing activities	(488,898)	87,628
Cash flows from financing activities:
Redemptions of common stock	(48,065)	(63,758)
Distributions to stockholders	(62,529)	(83,251)
Proceeds from credit facilities and repurchase facilities	461,194	402,000
Repayments of credit facilities and notes payable	(219,143)	(484,771)
Payments for Deposits on Loan	(65)	0
Deferred financing costs paid	(2,258)	(53)
Distributions to noncontrolling interest	0	(236)
Net cash provided by (used in) financing activities	129,134	(230,069)
Net decrease in cash and cash equivalents and restricted cash	(292,206)	(1,698)
Cash and cash equivalents and restricted cash, beginning of period	473,355	19,674
Cash and cash equivalents and restricted cash, end of period	181,149	17,976
Reconciliation of cash and cash equivalents and restricted cash to the condensed consolidated balance sheets:
Total cash and cash equivalents and restricted cash	$ 181,149	$ 17,976