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SCHEDULE IV - LOANS AND OTHER LENDING INVESTMENTS (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Loans and Investments        
Fixed interest rate (as a percent) 5.98% 7.02%    
Prior Liens $ 1,352,892      
Secured amount of loan 4,279,611      
Carrying Amount 4,189,960 $ 3,200,145 $ 2,579,127 $ 1,695,732
Amount of loans extended 808,100      
Federal income tax basis $ 4,290,000      
Threshold for reporting loans (as a percent) 3.00%      
Bridge loans        
Loans and Investments        
Fixed interest rate (as a percent) 5.77% 6.84%    
Prior Liens $ 60,000      
Secured amount of loan 3,836,832      
Carrying Amount 3,750,710      
Bridge loans | Loans less than 3%        
Loans and Investments        
Prior Liens 60,000      
Secured amount of loan 723,875      
Carrying Amount $ 651,818      
Preferred equity investments        
Loans and Investments        
Fixed interest rate (as a percent) 7.62% 7.97%    
Secured amount of loan     $ 34,800  
Preferred equity investments | Loans less than 3%        
Loans and Investments        
Prior Liens $ 834,515      
Secured amount of loan 181,058      
Carrying Amount $ 178,270      
Mezzanine loans        
Loans and Investments        
Fixed interest rate (as a percent) 9.70% 10.57%    
Mezzanine loans | Loans less than 3%        
Loans and Investments        
Prior Liens $ 458,377      
Secured amount of loan 191,575      
Carrying Amount 190,980      
Other Loans | Loans less than 3%        
Loans and Investments        
Secured amount of loan 70,146      
Carrying Amount $ 70,000      
Multifamily | Loans in excess of 3% | Maximum        
Loans and Investments        
Base spread (as a percent) 3.60%      
Multifamily | Bridge loans | Loans in excess of 3%        
Loans and Investments        
Secured amount of loan $ 417,100      
Carrying Amount $ 415,703      
Multifamily | Bridge loans | Loans in excess of 3% | Minimum        
Loans and Investments        
Base spread (as a percent) 2.75%      
LIBOR Floor rate (as a percent) 1.36%      
Multifamily | Bridge loans | Loans in excess of 3% | Maximum        
Loans and Investments        
LIBOR Floor rate (as a percent) 2.38%      
Multifamily | Bridge loans | Loans less than 3%        
Loans and Investments        
Secured amount of loan $ 2,695,857      
Carrying Amount $ 2,683,189      
Multifamily | Bridge loans | Loans less than 3% | Minimum        
Loans and Investments        
Base spread (as a percent) 2.50%      
LIBOR Floor rate (as a percent) 0.43%      
Fixed interest rate (as a percent) 9.00%      
Multifamily | Bridge loans | Loans less than 3% | Maximum        
Loans and Investments        
Base spread (as a percent) 12.72%      
LIBOR Floor rate (as a percent) 2.75%      
Fixed interest rate (as a percent) 11.00%      
Multifamily | Preferred equity investments | Loans less than 3%        
Loans and Investments        
Prior Liens $ 794,984      
Secured amount of loan 178,478      
Carrying Amount $ 177,399      
Multifamily | Preferred equity investments | Loans less than 3% | Minimum        
Loans and Investments        
Fixed interest rate (as a percent) 4.00%      
Multifamily | Preferred equity investments | Loans less than 3% | Maximum        
Loans and Investments        
Fixed interest rate (as a percent) 14.00%      
Multifamily | Mezzanine loans | Loans less than 3%        
Loans and Investments        
Prior Liens $ 337,352      
Secured amount of loan 109,272      
Carrying Amount $ 108,819      
Multifamily | Mezzanine loans | Loans less than 3% | Minimum        
Loans and Investments        
Fixed interest rate (as a percent) 5.00%      
Multifamily | Mezzanine loans | Loans less than 3% | Maximum        
Loans and Investments        
Fixed interest rate (as a percent) 12.00%      
Multifamily | Other Loans | Loans less than 3%        
Loans and Investments        
Secured amount of loan $ 28,571      
Carrying Amount $ 28,572      
Multifamily | Other Loans | Loans less than 3% | Minimum        
Loans and Investments        
Fixed interest rate (as a percent) 2.83%      
Multifamily | Other Loans | Loans less than 3% | Maximum        
Loans and Investments        
Fixed interest rate (as a percent) 5.32%      
Self Storage | Bridge loans | Loans less than 3%        
Loans and Investments        
Base spread (as a percent) 3.90%      
LIBOR Floor rate (as a percent) 1.23%      
Secured amount of loan $ 13,580      
Carrying Amount $ 13,550      
Self Storage | Mezzanine loans | Loans less than 3%        
Loans and Investments        
Fixed interest rate (as a percent) 11.00%      
Prior Liens $ 30,471      
Secured amount of loan 12,713      
Carrying Amount 12,687      
Land | Bridge loans | Loans less than 3%        
Loans and Investments        
Secured amount of loan 172,657      
Carrying Amount $ 104,788      
Land | Bridge loans | Loans less than 3% | Minimum        
Loans and Investments        
Base spread (as a percent) 4.00%      
LIBOR Floor rate (as a percent) 0.15%      
Fixed interest rate (as a percent) 0.00%      
Land | Bridge loans | Loans less than 3% | Maximum        
Loans and Investments        
Base spread (as a percent) 4.50%      
LIBOR Floor rate (as a percent) 0.75%      
Fixed interest rate (as a percent) 11.64%      
Land | Mezzanine loans | Loans less than 3%        
Loans and Investments        
Secured amount of loan $ 48,832      
Carrying Amount $ 48,767      
Land | Mezzanine loans | Loans less than 3% | Minimum        
Loans and Investments        
Fixed interest rate (as a percent) 0.00%      
Land | Mezzanine loans | Loans less than 3% | Maximum        
Loans and Investments        
Fixed interest rate (as a percent) 13.00%      
Office | Bridge loans | Loans less than 3%        
Loans and Investments        
Secured amount of loan $ 122,127      
Carrying Amount $ 120,437      
Office | Bridge loans | Loans less than 3% | Minimum        
Loans and Investments        
Base spread (as a percent) 3.10%      
LIBOR Floor rate (as a percent) 1.12%      
Office | Bridge loans | Loans less than 3% | Maximum        
Loans and Investments        
Base spread (as a percent) 6.19%      
LIBOR Floor rate (as a percent) 2.13%      
Office | Preferred equity investments | Loans less than 3%        
Loans and Investments        
Fixed interest rate (as a percent) 15.00%      
Prior Liens $ 9,739      
Secured amount of loan 880      
Carrying Amount $ 871      
Office | Mezzanine loans | Loans less than 3%        
Loans and Investments        
Base spread (as a percent) 7.44%      
LIBOR Floor rate (as a percent) 2.13%      
Fixed interest rate (as a percent) 9.00%      
Prior Liens $ 60,000      
Secured amount of loan 11,000      
Carrying Amount 10,980      
Healthcare | Bridge loans | Loans less than 3%        
Loans and Investments        
Secured amount of loan 203,694      
Carrying Amount $ 202,756      
Healthcare | Bridge loans | Loans less than 3% | Minimum        
Loans and Investments        
Base spread (as a percent) 4.00%      
LIBOR Floor rate (as a percent) 1.12%      
Healthcare | Bridge loans | Loans less than 3% | Maximum        
Loans and Investments        
Base spread (as a percent) 11.60%      
LIBOR Floor rate (as a percent) 2.63%      
Hotel | Bridge loans | Loans less than 3%        
Loans and Investments        
LIBOR Floor rate (as a percent) 1.50%      
Prior Liens $ 60,000      
Secured amount of loan 142,300      
Carrying Amount $ 141,574      
Hotel | Bridge loans | Loans less than 3% | Minimum        
Loans and Investments        
Base spread (as a percent) 2.75%      
Hotel | Bridge loans | Loans less than 3% | Maximum        
Loans and Investments        
Base spread (as a percent) 7.60%      
LIBOR Floor rate (as a percent) 2.38%      
Commercial | Preferred equity investments | Loans less than 3%        
Loans and Investments        
Fixed interest rate (as a percent) 6.00%      
Prior Liens $ 29,792      
Secured amount of loan 1,700      
Retail | Bridge loans | Loans less than 3%        
Loans and Investments        
Secured amount of loan 39,500      
Carrying Amount $ 39,329      
Retail | Bridge loans | Loans less than 3% | Minimum        
Loans and Investments        
Base spread (as a percent) 4.00%      
LIBOR Floor rate (as a percent) 2.13%      
Retail | Bridge loans | Loans less than 3% | Maximum        
Loans and Investments        
Base spread (as a percent) 6.00%      
LIBOR Floor rate (as a percent) 2.50%      
Retail | Mezzanine loans | Loans less than 3%        
Loans and Investments        
Fixed interest rate (as a percent) 12.00%      
Prior Liens $ 30,554      
Secured amount of loan 9,758      
Carrying Amount 9,727      
Single-Family Rental | Bridge loans | Loans less than 3%        
Loans and Investments        
Secured amount of loan 30,017      
Carrying Amount $ 29,384      
Single-Family Rental | Bridge loans | Loans less than 3% | Minimum        
Loans and Investments        
Base spread (as a percent) 4.50%      
LIBOR Floor rate (as a percent) 2.02%      
Single-Family Rental | Bridge loans | Loans less than 3% | Maximum        
Loans and Investments        
Base spread (as a percent) 4.85%      
LIBOR Floor rate (as a percent) 2.50%      
Single-Family Rental | Other Loans | Loans less than 3%        
Loans and Investments        
Secured amount of loan $ 41,575      
Carrying Amount $ 41,428      
Single-Family Rental | Other Loans | Loans less than 3% | Minimum        
Loans and Investments        
Fixed interest rate (as a percent) 4.40%      
Single-Family Rental | Other Loans | Loans less than 3% | Maximum        
Loans and Investments        
Fixed interest rate (as a percent) 5.90%