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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Revenues      
Interest income $ 215,367 $ 416,625 $ 385,851
Total revenues 2,665,276 2,796,734 838,857
Expenses      
Property operating expense 1,233,659 1,113,509 118,461
Interest expense 595,551 574,822 170,083
Investment and servicing expense 67,420 67,597 23,666
Transaction costs 7,266 95,859 40,605
Placement fees 7,849 2,474 900
Depreciation and amortization 572,406 617,779 171,682
Provision for loan loss 43,034 19,741 35,005
Impairment loss 588,223 420,360 11,717
Compensation expense 225,038 346,885 111,838
Carried interest and incentive compensation 12,181 0 0
Administrative expenses 97,000 110,982 50,799
Total expenses 3,449,627 3,370,008 734,756
Gain on sale of real estate 167,231 137,370 73,616
Other gain (loss), net 51,706 (25,814) 18,416
Equity method earnings (losses) (9,401) 285,151 99,375
Equity method earnings—carried interest 19,961 0 0
Income (loss) before income taxes (554,854) (176,567) 295,508
Income tax benefit (expense) 59,781 98,399 (4,782)
Income (loss) from continuing operations (495,073) (78,168) 290,726
Income (loss) from discontinued operations (102) 13,555 0
Net income (loss) (495,175) (64,613) 290,726
Redeemable noncontrolling interests      
Redeemable noncontrolling interests (3,708) 23,543 0
Investment entities 67,994 129,996 163,084
Operating Company (39,854) (20,261) 12,324
Net income (loss) attributable to Colony Capital, Inc. (519,607) (197,891) 115,318
Preferred stock redemption (Note 16) (3,995) 4,530 0
Preferred stock dividends 117,097 130,672 48,159
Net income (loss) attributable to common stockholders $ (632,709) $ (333,093) $ 67,159
Basic earnings (loss) per share      
Income (loss) from continuing operations per basic common share (in dollars per share) $ (1.28) $ (0.66) $ 0.39
Net income (loss) per basic common share (in dollars per share) (1.28) (0.64) 0.39
Diluted earnings (loss) per share      
Income (loss) from continuing operations per diluted common share (in dollars per share) (1.28) (0.66) 0.39
Net income (loss) per diluted common share (in dollars per share) $ (1.28) $ (0.64) $ 0.39
Weighted average number of shares      
Basic (in shares) 496,993 532,600 164,570
Diluted (in shares) 496,993 532,600 164,570
Property operating income      
Revenues      
Income $ 2,247,740 $ 2,113,837 $ 371,082
Fee income ($150,596, $184,914 and $67,731 from affiliates, respectively)      
Revenues      
Income 151,821 220,789 67,731
Other income ($34,695, $25,630 and $4,296 from affiliates, respectively)      
Revenues      
Income $ 50,348 $ 45,483 $ 14,193