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Loans and Preferred Equity Held for Investment, net and Loans Held for Sale - Summary of Loans Held for Investment, Net (Details) - USD ($)
$ in Thousands
6 Months Ended 12 Months Ended
Jun. 30, 2020
Dec. 31, 2019
Jun. 30, 2019
Dec. 31, 2018
Financing Receivable, Impaired [Line Items]        
Principal amount, financial assets $ 2,301,950 $ 2,858,423    
Loan carrying value 2,295,095      
Allowance for loan losses (52,521) (272,624) $ (172,894) $ (109,328)
Total [1] 2,242,574 2,576,332    
Fixed rate        
Financing Receivable, Impaired [Line Items]        
Principal amount, financial assets 268,002 351,351    
Variable rate        
Financing Receivable, Impaired [Line Items]        
Principal amount, financial assets 2,033,948 2,507,072    
Commercial mortgage        
Financing Receivable, Impaired [Line Items]        
Principal amount, financial assets 2,301,950 2,858,423    
Total 2,295,095 2,848,956    
Mezzanine loans | Fixed rate        
Financing Receivable, Impaired [Line Items]        
Principal amount, financial assets $ 135,389 $ 223,395    
Weighted average coupon (in percentage) 12.80% 12.80%    
Weighted average maturity in years 4 years 6 months 4 years 2 months 12 days    
Mezzanine loans | Variable rate        
Financing Receivable, Impaired [Line Items]        
Principal amount, financial assets $ 15,462 $ 38,110    
Weighted average coupon (in percentage) 10.10% 11.40%    
Weighted average maturity in years 2 years 2 months 12 days 2 years    
Preferred equity interests | Fixed rate        
Financing Receivable, Impaired [Line Items]        
Principal amount, financial assets $ 118,715 $ 115,384    
Weighted average coupon (in percentage) 12.50% 12.50%    
Weighted average maturity in years 6 years 4 months 24 days 6 years 10 months 24 days    
Other loans | Fixed rate        
Financing Receivable, Impaired [Line Items]        
Principal amount, financial assets $ 13,898 $ 12,572    
Weighted average coupon (in percentage) 15.00% 15.00%    
Weighted average maturity in years 3 years 10 months 24 days 4 years 4 months 24 days    
Senior loans | Variable rate        
Financing Receivable, Impaired [Line Items]        
Principal amount, financial assets $ 1,011,334 $ 1,462,467    
Weighted average coupon (in percentage) 5.40% 6.00%    
Weighted average maturity in years 3 years 7 months 6 days 3 years 9 months 18 days    
Securitized loans | Variable rate        
Financing Receivable, Impaired [Line Items]        
Principal amount, financial assets $ 1,007,152 $ 1,006,495    
Weighted average coupon (in percentage) 5.10% 5.20%    
Weighted average maturity in years 3 years 9 months 18 days 4 years 2 months 12 days    
Loans and preferred equity held for investment | Fixed rate        
Financing Receivable, Impaired [Line Items]        
Loan carrying value $ 267,150 $ 350,264    
Loans and preferred equity held for investment | Variable rate        
Financing Receivable, Impaired [Line Items]        
Loan carrying value 2,027,945 2,498,692    
Loans and preferred equity held for investment | Commercial mortgage        
Financing Receivable, Impaired [Line Items]        
Loan carrying value 2,295,095 2,848,956    
Loans and preferred equity held for investment | Mezzanine loans | Fixed rate        
Financing Receivable, Impaired [Line Items]        
Loan carrying value 134,654 222,503    
Loans and preferred equity held for investment | Mezzanine loans | Variable rate        
Financing Receivable, Impaired [Line Items]        
Loan carrying value 15,582 38,258    
Loans and preferred equity held for investment | Preferred equity interests | Fixed rate        
Financing Receivable, Impaired [Line Items]        
Loan carrying value 118,696 115,313    
Loans and preferred equity held for investment | Other loans | Fixed rate        
Financing Receivable, Impaired [Line Items]        
Loan carrying value 13,800 12,448    
Loans and preferred equity held for investment | Senior loans | Variable rate        
Financing Receivable, Impaired [Line Items]        
Loan carrying value 1,008,062 1,457,738    
Loans and preferred equity held for investment | Securitized loans | Variable rate        
Financing Receivable, Impaired [Line Items]        
Loan carrying value $ 1,004,301 $ 1,002,696    
[1] Net of $52.5 million and $272.6 million of allowance for loan losses at June 30, 2020 and December 31, 2019, respectively. See Note 3, “Loans and Preferred Equity Held for Investments, net and Loans Held for Sale” for further details.