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Loans and Investments (Details 2) (USD $)
9 Months Ended 12 Months Ended
Sep. 30, 2014
Dec. 31, 2013
Loans and Investments    
Unpaid Principal Balance $ 1,655,918,364 $ 1,660,195,301
Percentage of Portfolio 100.00% 100.00%
First Dollar LTV Ratio (as percent) 16.00% 17.00%
Last Dollar LTV Ratio (as percent) 76.00% 77.00%
Loans and investments portfolio | New York
   
Loans and Investments    
Concentration risk, percentage 34.00% 36.00%
Loans and investments portfolio | Texas
   
Loans and Investments    
Concentration risk, percentage 13.00% 10.00%
Credit risk concentration
   
Loans and Investments    
Unpaid Principal Balance 1,655,918,364 1,660,195,301
Percentage of Portfolio 100.00% 100.00%
First Dollar LTV Ratio (as percent) 16.00% 17.00%
Last Dollar LTV Ratio (as percent) 76.00% 77.00%
Credit risk concentration | Weighted average
   
Loans and Investments    
Wtd. Avg. Internal Risk Rating 3.2 3.3
Credit risk concentration | Multifamily Portfolio
   
Loans and Investments    
Unpaid Principal Balance 1,112,022,423 1,068,529,815
Percentage of Portfolio 67.20% 64.40%
First Dollar LTV Ratio (as percent) 12.00% 14.00%
Last Dollar LTV Ratio (as percent) 74.00% 75.00%
Credit risk concentration | Multifamily Portfolio | Weighted average
   
Loans and Investments    
Wtd. Avg. Internal Risk Rating 3.0 3.3
Credit risk concentration | Office
   
Loans and Investments    
Unpaid Principal Balance 340,165,641 358,832,526
Percentage of Portfolio 20.50% 21.60%
First Dollar LTV Ratio (as percent) 32.00% 32.00%
Last Dollar LTV Ratio (as percent) 78.00% 82.00%
Credit risk concentration | Office | Weighted average
   
Loans and Investments    
Wtd. Avg. Internal Risk Rating 3.2 3.2
Credit risk concentration | Land
   
Loans and Investments    
Unpaid Principal Balance 125,846,967 116,751,563
Percentage of Portfolio 7.60% 7.00%
First Dollar LTV Ratio (as percent) 6.00% 3.00%
Last Dollar LTV Ratio (as percent) 87.00% 88.00%
Credit risk concentration | Land | Weighted average
   
Loans and Investments    
Wtd. Avg. Internal Risk Rating 3.9 4.0
Credit risk concentration | Hotel Portfolio
   
Loans and Investments    
Unpaid Principal Balance 66,250,000 69,181,252
Percentage of Portfolio 4.00% 4.20%
First Dollar LTV Ratio (as percent) 32.00% 26.00%
Last Dollar LTV Ratio (as percent) 85.00% 84.00%
Credit risk concentration | Hotel Portfolio | Weighted average
   
Loans and Investments    
Wtd. Avg. Internal Risk Rating 3.8 3.8
Credit risk concentration | Commercial
   
Loans and Investments    
Unpaid Principal Balance 9,933,333 24,900,145
Percentage of Portfolio 0.60% 1.50%
First Dollar LTV Ratio (as percent) 23.00% 3.00%
Last Dollar LTV Ratio (as percent) 70.00% 49.00%
Credit risk concentration | Commercial | Weighted average
   
Loans and Investments    
Wtd. Avg. Internal Risk Rating 2.5 3.0
Credit risk concentration | Retail
   
Loans and Investments    
Unpaid Principal Balance 1,700,000 6,750,000
Percentage of Portfolio 0.10% 0.40%
First Dollar LTV Ratio (as percent) 63.00% 0.00%
Last Dollar LTV Ratio (as percent) 67.00% 63.00%
Credit risk concentration | Retail | Weighted average
   
Loans and Investments    
Wtd. Avg. Internal Risk Rating 3.5 2.5
Credit risk concentration | Condo
   
Loans and Investments    
Unpaid Principal Balance   $ 15,250,000
Percentage of Portfolio   0.90%
First Dollar LTV Ratio (as percent)   41.00%
Last Dollar LTV Ratio (as percent)   65.00%
Credit risk concentration | Condo | Weighted average
   
Loans and Investments    
Wtd. Avg. Internal Risk Rating   3.7