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Consolidated Statements of Income - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Net interest income    
Interest income $ 86,466 $ 78,206
Interest expense 51,248 44,713
Net interest income 35,218 33,493
Provision for loan losses 300 3,000
Net interest income after provision for loan losses 34,918 30,493
Other income (loss)    
Operating property income 28,921  
Operating lease income   28,137
Sale of loans, net 7,079 4,888
Realized gain (loss) on securities 2,865 (1,099)
Unrealized gain (loss) on equity securities 2,078 0
Unrealized gain (loss) on Agency interest-only securities 11 204
Realized gain on sale of real estate, net 4 31,010
Impairment of real estate (1,350) 0
Fee and other income 4,685 6,252
Net result from derivative transactions (11,034) 14,959
Earnings (loss) from investment in unconsolidated joint ventures 959 52
Gain (loss) on extinguishment/defeasance of debt (1,070) (69)
Total other income (loss) 33,148 84,334
Costs and expenses    
Salaries and employee benefits 23,574 17,096
Operating expenses 5,403 5,548
Real estate operating expenses 5,474 8,817
Fee expense 1,712 843
Depreciation and amortization 10,227 10,823
Total costs and expenses 46,390 43,127
Income (loss) before taxes 21,676 71,700
Income tax expense (benefit) (2,854) 3,902
Net income (loss) 24,530 67,798
Net (income) loss attributable to noncontrolling interest in consolidated joint ventures 447 (8,422)
Net (income) loss attributable to noncontrolling interest in operating partnership (2,802) (8,501)
Net income (loss) attributable to Class A common shareholders $ 22,175 $ 50,875
Earnings per share:    
Basic (in dollars per share) $ 0.21 $ 0.53
Diluted (in dollars per share) $ 0.21 $ 0.53
Weighted average shares outstanding:    
Basic (in shares) 104,259,549 95,187,316
Diluted (in shares) 105,006,315 95,389,219
Class A Common Stock    
Costs and expenses    
Net income (loss) attributable to Class A common shareholders $ 22,175 $ 50,875
Earnings per share:    
Basic (in dollars per share) $ 0.21 $ 0.53
Diluted (in dollars per share) $ 0.21 $ 0.53
Weighted average shares outstanding:    
Basic (in shares) 104,259,549 95,187,316
Diluted (in shares) 105,006,315 95,389,219
Dividends per share of Class A common stock (in dollars per share) $ 0.34 $ 0.315