Combined Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Net income (loss)		$ 3,945	$ 68,697	$ (7,500)	$ 86,659
Unrealized gain (loss) on securities, net of tax:
Unrealized gain (loss) on real estate securities, available for sale	[1]	30,439	(26,839)	64,833	4,035
Reclassification adjustment for (gains) included in net income	[2]	(2,971)	(11,776)	(2,982)	(24,146)
Total other comprehensive income (loss)		27,468	(38,615)	61,851	(20,111)
Comprehensive income		31,413	30,082	54,351	66,548
Comprehensive (income) loss attributable to noncontrolling interest in consolidated joint ventures		(235)	684	(2)	493
Comprehensive income of combined Class A common shareholders and Operating Partnership unitholders		31,178	30,766	54,349	67,041
Comprehensive (income) attributable to noncontrolling interest in operating partnership		(12,547)	(16,925)	(21,791)	(34,436)
Class A Common Stock
Unrealized gain (loss) on securities, net of tax:
Comprehensive income attributable to Class A common shareholders		$ 18,631	$ 13,841	$ 32,558	$ 32,605

[1] Amounts are net of provision for income taxes of $0.8 million for the six months ended June 30, 2015.

[2] Amounts are net of (provision for) income taxes of $(0.3) million for the six months ended June 30, 2015.