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Schedule III - Activity of Real Estate Assets and Accumulated Depreciation Summary (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Reconciliation of Carrying Amount of Real Estate Investments [Roll Forward]      
Real estate assets, beginning balance $ 1,604,648 $ 1,048,142 $ 643,974
Acquisitions through foreclosure 40,436 206,987 470,221
Other acquisitions 525,983 778,173 118,297
Improvements 40,312 50,182 25,802
Cost of real estate sold (337,519) (478,836) (210,152)
Real estate assets, ending balance   1,604,648 1,048,142
Reconciliation of Real Estate Accumulated Depreciation [Roll Forward]      
Accumulated depreciation, beginning balance 62,601 61,716 19,367
Depreciation expense 48,989 20,840 6,414
Selling cost and impairment 38,764 56,384 70,124
Losses resulting from natural disasters 3,564 0 0
Real estate sold (49,329) (76,339) (34,189)
Accumulated depreciation, ending balance 104,589 $ 62,601 $ 61,716
Aggregate cost for federal income tax purposes $ 1,544,800