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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
Assets    
Cash and cash equivalents $ 51,918 $ 76,674
Restricted cash 42,821 106,009
Mortgage loan receivables held for investment, net, at amortized cost:    
Mortgage loans held by consolidated subsidiaries 3,764,172 3,282,462
Provision for loan losses (7,300) (4,000)
Mortgage loan receivables held for sale 107,744 230,180
Real estate securities 1,106,358 1,106,517
Real estate and related lease intangibles, net 1,060,243 1,032,041
Investments in unconsolidated joint ventures 35,302 35,441
FHLB stock 77,915 77,915
Derivative instruments 660 888
Accrued interest receivable 27,632 25,875
Other assets 121,949 55,613
Total assets 6,389,414 6,025,615
Debt obligations, net:    
Secured and unsecured debt obligations 4,702,449 4,379,826
Due to brokers 44,800 14
Derivative instruments 0 2,606
Amount payable pursuant to tax receivable agreement 1,570 1,656
Dividends payable 1,582 30,528
Accrued expenses 60,294 59,619
Other liabilities 66,257 63,220
Total liabilities 4,876,952 4,537,469
Commitments and contingencies (Note 18) 0 0
Equity    
Additional paid-in capital 1,370,092 1,306,136
Treasury stock, 2,699,822 and 2,617,587 shares, at cost (32,793) (31,956)
Dividends in Excess of Earnings (12,106) (39,112)
Accumulated other comprehensive income (loss) (9,855) (212)
Total shareholders’ equity 1,315,450 1,234,968
Noncontrolling interest in operating partnership 185,158 240,861
Noncontrolling interest in consolidated joint ventures 11,854 12,317
Total equity 1,512,462 1,488,146
Total liabilities and equity 6,389,414 6,025,615
Class A common stock, par value $0.001 per share, 600,000,000 shares authorized; 100,637,615 and 96,258,847 shares issued and 97,937,793 and 93,641,260 shares outstanding    
Equity    
Common stock 99 94
Class B common stock, par value $0.001 per share, 100,000,000 shares authorized; 13,317,419 and 17,667,251 shares issued and outstanding    
Equity    
Common stock $ 13 $ 18