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Combined Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
Assets    
Cash and cash equivalents $ 81,415 $ 108,959
Cash collateral held by broker 50,517 30,811
Mortgage loan receivables held for investment, net, at amortized cost 1,543,883 1,738,645
Mortgage loan receivables held for sale 583,453 571,764
Real estate securities, available-for-sale 2,700,210 2,407,217
Real estate and related lease intangibles, net 808,755 834,779
Investments in unconsolidated joint ventures 33,778 33,797
FHLB stock 77,915 77,915
Derivative instruments 218 2,821
Due from brokers 5,583 0
Accrued interest receivable 21,168 22,776
Other assets 80,478 65,728
Total assets 5,987,373 5,895,212
Liabilities    
Debt obligations 4,394,969 4,274,723
Due to brokers 31 0
Derivative instruments 26,494 5,504
Amount payable pursuant to tax receivable agreement 1,910 1,910
Dividends payable 2,498 17,456
Accrued expenses 47,963 78,142
Other liabilities 27,409 26,069
Total liabilities 4,501,274 4,403,804
Commitments and contingencies 0 0
Equity    
Additional paid-in capital 871,387 776,866
Treasury stock, 1,095,048 and 548,861 shares, at cost (11,244) (5,812)
Retained Earnings/(Dividends in Excess of Earnings) (41,104) 60,618
Accumulated other comprehensive income (loss) 31,956 (3,556)
Total shareholders’ equity 851,105 828,215
Noncontrolling interest in operating partnership 629,408 657,380
Noncontrolling interest in consolidated joint ventures 5,586 5,813
Total equity 1,486,099 1,491,408
Total liabilities and equity 5,987,373 5,895,212
Class A common stock    
Equity    
Class A common stock, par value $0.001 per share, 600,000,000 shares authorized; 64,237,833 and 55,758,710 shares issued and 63,142,785 and 55,209,849 shares outstanding Class B common stock, par value $0.001 per share, 100,000,000 shares authorized; 46,445,729 and 44,055,987 shares issued and outstanding 64 55
Class B common stock    
Equity    
Class A common stock, par value $0.001 per share, 600,000,000 shares authorized; 64,237,833 and 55,758,710 shares issued and 63,142,785 and 55,209,849 shares outstanding Class B common stock, par value $0.001 per share, 100,000,000 shares authorized; 46,445,729 and 44,055,987 shares issued and outstanding $ 46 $ 44