Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
Cash flows from operating activities
Net income	$ 36,630	$ 60,318
Adjustments to reconcile net income to net cash provided by operating activities:
Accretion of deferred origination and amendment fees	(16,926)	(20,754)
Depreciation and amortization	752	577
Amortization of right of use assets	302	284
Amortization of debt issuance costs	429	0
Amortization of credit facility costs	1,133	879
Stock-based compensation expense for restricted stock units	3,263	2,552
Provision for credit losses, net	16,729	5,373
Gain on sale of real property	(984)	0
Impairment on real property	1,831	0
Change in fair value of warrant liabilities	(593)	2,490
Changes in operating assets and liabilities:
Interest and fees receivable, net	342	(409)
Other assets	511	1,644
Accounts payable and accrued liabilities	5,562	(2,226)
Lease liabilities	(350)	(257)
Net cash provided by operating activities	48,631	50,471
Cash flows from investing activities:
Fundings of mortgage notes receivable	(436,946)	(449,685)
Principal collections	386,648	338,358
Origination and amendment fees received on mortgage notes receivable	11,009	5,951
Purchases of property and equipment	(128)	(419)
Proceeds from sale of real property	8,360	3,828
Improvements in real property	(5,185)	(3,328)
Repurchase of participations in mortgage notes receivable	0	(43,498)
Net cash used in investing activities	(36,242)	(148,793)
Cash flows from financing activities:
Dividends paid	(83,671)	(82,205)
Payment of costs to obtain financing	0	(5,125)
Proceeds from borrowings on credit facilities	45,000	0
Repayment of borrowings on credit facilities	(45,000)	0
Payment of taxes on shares withheld for tax liability	(466)	(347)
Net cash used in financing activities	(84,137)	(87,677)
Net decrease in cash and cash equivalents	(71,748)	(185,999)
Cash and cash equivalents, beginning of period	132,889	223,375
Cash and cash equivalents, end of period	61,141	37,376
Supplemental disclosure of of cash flow information:
Interest Paid	2,693	0
Dividends payable	9,305	9,289
Mortgage notes receivable converted to investment in real property	54,350	43,497
Investments in real property converted to mortgage notes receivable	25,900	0
Interest and fee receivables converted to investment in real property	1,244	0
Operating lease right-of-use assets	0	6,360
Lease liabilities arising from obtaining right-of-use assets	0	8,319
Property and equipment purchased through tenant improvement allowance	$ 0	$ 1,959