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Loans and Preferred Equity Held for Investment, net - Summary of Loans Held for Investment, Net (Details) - USD ($)
$ in Thousands
9 Months Ended 12 Months Ended
Sep. 30, 2020
Dec. 31, 2019
Sep. 30, 2019
Dec. 31, 2018
Financing Receivable, Impaired [Line Items]        
Principal amount, financial assets $ 2,149,018 $ 2,858,423    
Loan carrying value 2,143,938 2,848,956    
Allowance for loan losses (40,524) (272,624) $ (283,208) $ (109,328)
Loans and preferred equity held for investment, net 2,103,414 2,576,332    
Fixed rate        
Financing Receivable, Impaired [Line Items]        
Principal amount, financial assets 182,377 351,351    
Variable rate        
Financing Receivable, Impaired [Line Items]        
Principal amount, financial assets 1,966,641 2,507,072    
Commercial mortgage        
Financing Receivable, Impaired [Line Items]        
Principal amount, financial assets 2,149,018 2,858,423    
Loans and preferred equity held for investment, net 2,143,938 2,848,956    
Mezzanine loans | Fixed rate        
Financing Receivable, Impaired [Line Items]        
Principal amount, financial assets $ 150,335 $ 223,395    
Weighted average coupon (in percentage) 12.80% 12.80%    
Weighted average maturity in years 4 years 2 months 12 days 4 years 2 months 12 days    
Mezzanine loans | Variable rate        
Financing Receivable, Impaired [Line Items]        
Principal amount, financial assets $ 18,178 $ 38,110    
Weighted average coupon (in percentage) 9.40% 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 $ 18,350 $ 115,384    
Weighted average coupon (in percentage) 15.00% 12.50%    
Weighted average maturity in years 2 years 10 months 24 days 6 years 10 months 24 days    
Preferred equity interests | Variable rate        
Financing Receivable, Impaired [Line Items]        
Principal amount, financial assets $ 1,569      
Weighted average coupon (in percentage) 5.30%      
Weighted average maturity in years 3 months 18 days      
Other loans | Fixed rate        
Financing Receivable, Impaired [Line Items]        
Principal amount, financial assets $ 13,692 $ 12,572    
Weighted average coupon (in percentage) 15.00% 15.00%    
Weighted average maturity in years 3 years 8 months 12 days 4 years 4 months 24 days    
Senior loans | Variable rate        
Financing Receivable, Impaired [Line Items]        
Principal amount, financial assets $ 974,207 $ 1,462,467    
Weighted average coupon (in percentage) 5.50% 6.00%    
Weighted average maturity in years 3 years 4 months 24 days 3 years 9 months 18 days    
Securitized loans | Variable rate        
Financing Receivable, Impaired [Line Items]        
Principal amount, financial assets $ 972,687 $ 1,006,495    
Weighted average coupon (in percentage) 5.10% 5.20%    
Weighted average maturity in years 3 years 7 months 6 days 4 years 2 months 12 days    
Loans and preferred equity held for investment | Fixed rate        
Financing Receivable, Impaired [Line Items]        
Loan carrying value $ 181,635 $ 350,264    
Loans and preferred equity held for investment | Variable rate        
Financing Receivable, Impaired [Line Items]        
Loan carrying value 1,962,303 2,498,692    
Loans and preferred equity held for investment | Commercial mortgage        
Financing Receivable, Impaired [Line Items]        
Loan carrying value 2,143,938 2,848,956    
Loans and preferred equity held for investment | Mezzanine loans | Fixed rate        
Financing Receivable, Impaired [Line Items]        
Loan carrying value 149,678 222,503    
Loans and preferred equity held for investment | Mezzanine loans | Variable rate        
Financing Receivable, Impaired [Line Items]        
Loan carrying value 18,298 38,258    
Loans and preferred equity held for investment | Preferred equity interests | Fixed rate        
Financing Receivable, Impaired [Line Items]        
Loan carrying value 18,350 115,313    
Loans and preferred equity held for investment | Preferred equity interests | Variable rate        
Financing Receivable, Impaired [Line Items]        
Loan carrying value 1,569      
Loans and preferred equity held for investment | Other loans | Fixed rate        
Financing Receivable, Impaired [Line Items]        
Loan carrying value 13,607 12,448    
Loans and preferred equity held for investment | Senior loans | Variable rate        
Financing Receivable, Impaired [Line Items]        
Loan carrying value 971,963 1,457,738    
Loans and preferred equity held for investment | Securitized loans | Variable rate        
Financing Receivable, Impaired [Line Items]        
Loan carrying value $ 970,473 $ 1,002,696