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Agreements and transactions with related parties (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Dec. 31, 2019
Related-party transactions          
Amount unpaid $ 6,183   $ 6,183   $ 2,697
Purchase of loans, held-for-investment     53,053 $ 501,417  
Investment in unconsolidated joint ventures 53,939   $ 53,939   $ 58,850
Management agreement          
Related-party transactions          
Minimum notice period for termination     180 days    
Management fee          
Related-party transactions          
Fee percentage for results up to threshold     1.50%    
Fee threshold     $ 500,000    
Fee percentage for results in excess of threshold     1.00%    
Incentive distribution          
Related-party transactions          
Incentive multiplier     15.00%    
Core earnings period     12 months    
Percentage of Incentive fee multiplied by the weighted average of issue price     8.00%    
The period over which core earnings must exceed the minimum threshold per the terms of the agreement     48 months    
Minimum core earnings threshold     $ 0    
Minimum | Management agreement          
Related-party transactions          
Independent director votes required for approval     66.70%    
Manager | Management fee          
Related-party transactions          
Fees 2,700 $ 2,500 $ 5,200 4,500  
Amount unpaid 2,700 2,500 2,700 2,500  
Manager | Incentive distribution          
Related-party transactions          
Incentive distribution paid 3,500   3,500    
Amount unpaid 3,500   3,500    
Manager | Expense reimbursement          
Related-party transactions          
Reimbursable expenses 800 1,400 2,000 1,900  
Amount unpaid $ 600 $ 400 $ 600 $ 400