Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2017	[1]	Dec. 31, 2016
Assets
Cash and cash equivalents	$ 76,674		$ 44,615
Restricted cash	106,009		44,813
Mortgage loan receivables held for investment, net, at amortized cost:
Mortgage loans held by consolidated subsidiaries	3,282,462		2,000,095
Provision for loan losses	(4,000)		(4,000)
Mortgage loan receivables held for sale	230,180		357,882
Real estate securities	1,106,517		2,100,947
Real estate and related lease intangibles, net	1,032,041		822,338
Investments in unconsolidated joint ventures	35,441		34,025
FHLB stock	77,915		77,915
Derivative instruments	888		5,018
Due from brokers	0		10
Accrued interest receivable	25,875		24,439
Other assets	55,613		70,240
Total assets	6,025,615		5,578,337
Debt obligations, net:
Secured and unsecured debt obligations	4,379,826		3,942,138
Due to brokers	14		394
Derivative instruments	2,606		3,446
Amount payable pursuant to tax receivable agreement	1,656		2,520
Dividends payable	30,528		24,682
Accrued expenses	59,619		66,597
Other liabilities	63,220		29,006
Total liabilities	4,537,469		4,068,783
Commitments and contingencies (Note 18)	0		0
Equity
Additional paid-in capital	1,306,136		992,307
Treasury stock, 2,617,587 and 1,095,048 shares, at cost	(31,956)		(11,244)
Dividends in Excess of Earnings	(39,112)		(11,148)
Accumulated other comprehensive income (loss)	(212)		1,365
Total shareholders’ equity	1,234,968		971,390
Noncontrolling interest in operating partnership	240,861		533,246
Noncontrolling interest in consolidated joint ventures	12,317		4,918
Total equity	1,488,146		1,509,554
Total liabilities and equity	6,025,615		5,578,337
Class A common stock
Equity
Common stock	94		72
Class B common stock
Equity
Common stock	$ 18		$ 38

[1] Includes amounts relating to consolidated variable interest entities. See Note 3.