XML 58 R2.htm IDEA: XBRL DOCUMENT v3.3.0.814
Combined Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
Assets    
Cash and cash equivalents $ 181,540 $ 76,218
Cash collateral held by broker 50,921 42,438
Mortgage loan receivables held for investment, net, at amortized cost 1,794,812 1,521,053
Mortgage loan receivables held for sale 333,531 417,955
Real estate securities, available-for-sale 2,415,382 2,815,566
Real estate held for sale 49,022 0
Real estate and related lease intangibles, net 791,577 768,986
Investments in unconsolidated joint ventures 33,793 6,041
FHLB stock 77,915 72,340
Derivative instruments 299 423
Due from brokers 4 4
Accrued interest receivable 22,220 24,658
Other assets 78,945 68,553
Total assets 5,829,961 5,814,235
Liabilities    
Debt obligations 3,603,512 3,572,825
Senior unsecured notes 611,981 610,129
Due to brokers 2,012 0
Derivative instruments 21,942 13,445
Amount payable pursuant to tax receivable agreement 2,234 862
Dividends payable 1,380 0
Accrued expenses 57,753 91,993
Other liabilities 30,005 19,774
Total liabilities 4,330,819 4,309,028
Commitments and contingencies (Note 18) 0 0
Equity    
Additional paid-in capital 766,516 725,538
Retained earnings 49,571 44,187
Accumulated other comprehensive income 14,443 15,656
Total shareholders’ equity 830,629 785,432
Noncontrolling interest in operating partnership 661,505 711,674
Noncontrolling interest in consolidated joint ventures 7,008 8,101
Total equity 1,499,142 1,505,207
Total liabilities and equity 5,829,961 5,814,235
Class A common stock    
Equity    
Common stock value 55 51
Class B common stock    
Equity    
Common stock value $ 44 $ 0