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Consolidated Statements of Income - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Net interest income    
Interest income $ 72,589 $ 86,466
Interest expense 51,401 51,248
Net interest income (expense) 21,188 35,218
Provision for loan losses 26,581 300
Net interest income after provision for loan losses (5,393) 34,918
Other income (loss)    
Operating lease income 26,328 28,921
Sale of loans, net 1,005 7,079
Realized gain (loss) on securities 3,011 2,865
Unrealized gain (loss) on equity securities (533) 2,078
Unrealized gain (loss) on Agency interest-only securities 76 11
Realized gain (loss) on sale of real estate, net 10,529 4
Impairment of real estate 0 (1,350)
Fee and other income 1,519 4,685
Net result from derivative transactions (15,435) (11,034)
Earnings (loss) from investment in unconsolidated joint ventures 441 959
Gain (loss) on extinguishment/defeasance of debt 2,061 (1,070)
Total other income (loss) 29,002 33,148
Costs and expenses    
Salaries and employee benefits 17,021 23,574
Operating expenses 5,794 5,403
Real estate operating expenses 7,948 5,474
Fee expense 1,439 1,712
Depreciation and amortization 10,009 10,227
Total costs and expenses 42,211 46,390
Income (loss) before taxes (18,602) 21,676
Income tax expense (benefit) (4,541) (2,854)
Net income (loss) (14,061) 24,530
Net (income) loss attributable to noncontrolling interest in consolidated joint ventures (1,519) 447
Net (income) loss attributable to noncontrolling interest in operating partnership $ (148) $ (2,802)
Earnings per share:    
Basic (in dollars per share) $ (0.15) $ 0.21
Diluted (in dollars per share) $ (0.15) $ 0.21
Weighted average shares outstanding:    
Basic (in shares) 106,329,796 104,259,549
Diluted (in shares) 106,329,796 105,006,315
Class A Common Stock    
Costs and expenses    
Net income (loss) attributable to Class A common shareholders $ (15,728) $ 22,175
Earnings per share:    
Basic (in dollars per share) $ (0.15) $ 0.21
Diluted (in dollars per share) $ (0.15) $ 0.21
Weighted average shares outstanding:    
Basic (in shares) 106,329,796 104,259,549
Diluted (in shares) 106,329,796 105,006,315
Dividends per share of Class A common stock (in dollars per share) $ 0.340 $ 0.340