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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Assets    
Cash and cash equivalents [1] $ 83,097 $ 67,878
Restricted cash [1] 38,656 30,572
Mortgage loan receivables held for investment, net, at amortized cost:    
Mortgage loans held by consolidated subsidiaries [1] 3,231,443 3,318,390
Provision for loan losses [1] (18,500) (17,900)
Mortgage loan receivables held for sale [1] 174,214 182,439
Real estate securities [1] 1,911,456 1,410,126
Real estate and related lease intangibles, net [1] 981,333 998,022
Investments in and advances to unconsolidated joint ventures [1] 51,419 40,354
FHLB stock [1] 61,619 57,915
Derivative instruments [1] 22 0
Due from brokers [1] 3,962 0
Accrued interest receivable [1] 22,699 27,214
Other assets [1] 78,454 157,862
Total assets [1] 6,619,874 6,272,872
Liabilities    
Debt obligations, net [1] 4,860,687 4,452,574
Due to brokers [1] 7,000 1,301
Derivative instruments [1] 82 975
Amount payable pursuant to tax receivable agreement [1] 1,559 1,570
Dividends payable [1] 2,384 37,316
Accrued expenses [1] 45,761 82,425
Other liabilities [1] 63,151 53,076
Total liabilities [1] 4,980,624 4,629,237
Commitments and contingencies (Note 18) [1] 0 0
Equity    
Additional paid-in capital [1] 1,529,599 1,471,157
Treasury stock, 3,120,012 and 2,701,162 shares, at cost [1] (41,556) (32,815)
Retained earnings (dividends in excess of earnings) [1] (39,860) 11,342
Accumulated other comprehensive income (loss) [1] 10,367 (4,649)
Total shareholders’ equity [1] 1,458,670 1,445,153
Noncontrolling interest in operating partnership [1] 171,731 188,427
Noncontrolling interest in consolidated joint ventures [1] 8,849 10,055
Total equity [1] 1,639,250 1,643,635
Total liabilities and equity [1] 6,619,874 6,272,872
Class A Common Stock    
Equity    
Common stock [1] 108 105
Class B Common Stock    
Equity    
Common stock [1] $ 12 $ 13
[1]
Includes amounts relating to consolidated variable interest entities. See Note 10.