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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Assets    
Cash and cash equivalents [1] $ 358,352 $ 58,171
Restricted cash [1] 263,869 297,575
Mortgage loan receivables held for investment, net, at amortized cost    
Mortgage loans held by consolidated subsidiaries [1] 3,383,322 3,236,536
Mortgage loan receivables held for sale [1] 146,713 122,325
Real estate securities [1] 1,930,605 1,721,305
Real estate and related lease intangibles, net [1] 1,047,418 1,048,081
Investments in and advances to unconsolidated joint ventures [1] 48,659 48,433
FHLB stock [1] 61,619 61,619
Derivative instruments [1] 950 693
Accrued interest receivable [1] 23,231 21,066
Other assets [1] 67,134 53,348
Total assets [1] 7,331,872 6,669,152
Liabilities    
Debt obligations, net [1] 5,681,020 4,859,873
Dividends payable [1] 38,256 38,696
Accrued expenses [1] 38,476 72,397
Other liabilities [1] 73,293 59,209
Total liabilities [1] 5,831,045 5,030,175
Commitments and contingencies (Note 18) [1] 0 0
Equity    
Additional paid-in capital [1] 1,546,143 1,532,384
Treasury stock, 2,356,050 and 3,184,269 shares, at cost [1] (52,983) (42,699)
Retained earnings (dividends in excess of earnings) [1] (94,171) (35,746)
Accumulated other comprehensive income (loss) [1] (65,920) 4,218
Total shareholders’ equity [1] 1,333,190 1,458,277
Noncontrolling interest in operating partnership [1] 160,466 172,054
Noncontrolling interest in consolidated joint ventures [1] 7,171 8,646
Total equity [1] 1,500,827 1,638,977
Total liabilities and equity [1] 7,331,872 6,669,152
Class A Common Stock    
Equity    
Common stock [1] 109 108
Class B Common Stock    
Equity    
Common stock [1] $ 12 $ 12
[1]
Includes amounts relating to consolidated variable interest entities. See Note 1.