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Combined Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Net income (loss) $ 113,720 $ 146,134 $ 97,626
Unrealized gain (loss) on securities, net of tax:      
Unrealized gain (loss) on real estate securities, available for sale [1] 20,947 (11,403) 43,179
Reclassification adjustment for (gains) included in net income [2] (12,428) (25,142) (25,163)
Total other comprehensive income (loss) 8,519 (36,545) 18,016
Comprehensive income 122,239 109,589 115,642
Comprehensive (income) loss attributable to noncontrolling interest in consolidated joint ventures 138 (1,568) 370
Comprehensive income of combined Class A common shareholders and Operating Partnership unitholders 122,377 108,021 116,012
Comprehensive (income) attributable to predecessor unitholders 0 0 (4,380)
Comprehensive (income) attributable to noncontrolling interest in operating partnership (52,230) (54,247) (66,957)
Unrealized gain (loss) on real estate securities, available for sale, tax 500 5,800 0
Reclassification adjustment for (gains) included in net income, tax (500) (5,800) 0
Class A Common Stock      
Unrealized gain (loss) on securities, net of tax:      
Comprehensive income attributable to Class A common shareholders $ 70,147 $ 53,774 $ 44,675
[1] Amounts are net of provision for (benefit from) income taxes of $0.5 million and $5.8 million for the years ended December 31, 2015 and 2014, respectively and none for the year ended December 31, 2016.
[2] Amounts are net of (provision for) benefit from income taxes of $(0.5) million and $5.8 million for the years ended December 31, 2015 and 2014, respectively and none for the year ended December 31, 2016.