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Loans and Preferred Equity Held for Investment, net and Loans Held for Sale - Narrative (Details)
1 Months Ended 3 Months Ended 6 Months Ended 12 Months Ended
Aug. 07, 2020
USD ($)
Jun. 30, 2020
USD ($)
loan
co-investment
borrower
Mar. 31, 2020
USD ($)
building
loan
Jun. 30, 2019
USD ($)
Jun. 30, 2020
USD ($)
borrower
loan
investment
Jun. 30, 2019
USD ($)
Dec. 31, 2019
USD ($)
property
loan
investment
Dec. 31, 2018
USD ($)
Mar. 31, 2018
loan
Accounts, Notes, Loans and Financing Receivable [Line Items]                  
Maturity period of debt instruments depending upon the asset type (in years)         3 years 10 months 24 days        
Interest receivable   $ 8,300,000     $ 8,300,000   $ 9,800,000    
Provision for loan losses   (51,000)   $ 110,258,000 69,881,000 $ 110,258,000      
Allowance for loan losses             272,600,000    
Effect of CECL adoption         21,093,000 $ 0      
Carrying value of loans             409,700,000    
Assets-held-for-sale, including discontinued operations   $ 0     $ 0   $ 0    
Real estate debt investments with contractual payments past due   1     1   5    
Number of borrowers, contractual payments past due | borrower   1     1        
Number of CRE debt investments contributed to more than 10% of interest income | investment         0        
Percent of interest income contributed by investment         10.00%        
Future funding commitments   $ 205,000,000.0     $ 205,000,000.0   $ 276,600,000    
Unfunded lending commitments for loans held for sale   1,400,000     1,400,000        
Allowance for lending commitments   $ 1,900,000     $ 1,900,000        
Average                  
Accounts, Notes, Loans and Financing Receivable [Line Items]                  
Internal credit risk rating   3.9 3.8            
Core                  
Accounts, Notes, Loans and Financing Receivable [Line Items]                  
Provision for loan losses   $ 38,000,000.0              
Number of loans classified as held-for-sale | loan         1        
Core | Subsequent event                  
Accounts, Notes, Loans and Financing Receivable [Line Items]                  
Proceeds from sale of receivables $ 105,200,000                
COVID-19                  
Accounts, Notes, Loans and Financing Receivable [Line Items]                  
Provision for loan losses     $ 36,800,000            
NY hospitality loans                  
Accounts, Notes, Loans and Financing Receivable [Line Items]                  
Provision for loan losses             $ 154,300,000 $ 53,800,000  
Midwest hospitality | Subsequent event                  
Accounts, Notes, Loans and Financing Receivable [Line Items]                  
Bridge loan 19,500,000                
Midwest hospitality | Core | Subsequent event                  
Accounts, Notes, Loans and Financing Receivable [Line Items]                  
Proceeds from sale of receivables 24,500,000                
Northeast Office Portfolio | Core                  
Accounts, Notes, Loans and Financing Receivable [Line Items]                  
Provision for loan losses     $ 12,100,000   $ 20,900,000        
Number of loans with potential loss | loan     1            
Number of properties collateralized | building     6            
Allowance for loan losses     $ 20,900,000            
Effect of CECL adoption     8,800,000            
Northeast Office Portfolio | Core | Subsequent event                  
Accounts, Notes, Loans and Financing Receivable [Line Items]                  
Proceeds from collection on loans 80,700,000                
West Hospitality | Core                  
Accounts, Notes, Loans and Financing Receivable [Line Items]                  
Provision for loan losses     2,600,000            
Gain (loss) on sales of loans, net   $ (32,800,000)              
Allowance for loan losses     5,200,000            
Effect of CECL adoption     $ 2,600,000            
Number of loans classified as held-for-sale | co-investment   1              
West Hospitality | Core | Subsequent event                  
Accounts, Notes, Loans and Financing Receivable [Line Items]                  
Proceeds from sale of receivables 105,200,000                
Gain (loss) on sales of loans, net $ (300,000)                
Legacy, non-strategic portfolio                  
Accounts, Notes, Loans and Financing Receivable [Line Items]                  
Number of loans classified as held-for-sale | loan         1        
Legacy, non-strategic portfolio | Legacy, Non-Strategic                  
Accounts, Notes, Loans and Financing Receivable [Line Items]                  
Number of loans, non-accrual status | loan             1    
Impaired financing receivable, recorded impairment             $ 10,600,000    
Proceeds from sale of receivables   $ 8,300,000              
Gain (loss) on sales of loans, net   3,700,000              
NY hospitality loans                  
Accounts, Notes, Loans and Financing Receivable [Line Items]                  
Number of loans, non-accrual status | loan             4    
NY hospitality loans | Legacy, non-strategic portfolio                  
Accounts, Notes, Loans and Financing Receivable [Line Items]                  
Number of loans, non-accrual status | loan     4           4
Commercial mortgage, regional mall loans                  
Accounts, Notes, Loans and Financing Receivable [Line Items]                  
Provision for loan losses             $ 26,700,000 $ 8,800,000  
Number of loans with potential loss | loan             3    
Number of properties collateralized | property             2    
Commercial mortgage, regional mall loans | Northeast Regional Mall B                  
Accounts, Notes, Loans and Financing Receivable [Line Items]                  
Provision for loan losses             $ 10,500,000    
Proceeds from sale of receivables     $ 9,200,000            
Gain (loss) on sales of loans, net     1,800,000            
Commercial mortgage, regional mall loans | West Regional Mall                  
Accounts, Notes, Loans and Financing Receivable [Line Items]                  
Provision for loan losses             $ 18,500,000    
Proceeds from sale of receivables   23,500,000              
Gain (loss) on sales of loans, net   6,500,000              
Number of loans with potential loss | loan             2    
Number of properties collateralized | property             1    
Commercial mortgage, regional mall loans | South Regional Mall A                  
Accounts, Notes, Loans and Financing Receivable [Line Items]                  
Proceeds from sale of receivables     22,000,000.0            
Gain (loss) on sales of loans, net     (1,600,000)            
Commercial mortgage, regional mall loans | South Regional Mall B                  
Accounts, Notes, Loans and Financing Receivable [Line Items]                  
Proceeds from sale of receivables     13,500,000            
Gain (loss) on sales of loans, net     8,700,000            
Commercial mortgage                  
Accounts, Notes, Loans and Financing Receivable [Line Items]                  
Carrying value of loans             $ 377,421,000    
Future funding commitments   $ 205,000,000.0     $ 205,000,000.0        
Hospitality | Midwest hospitality | Core                  
Accounts, Notes, Loans and Financing Receivable [Line Items]                  
Number of loans, non-accrual status | loan             1    
Provision for loan losses     $ 2,300,000