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Summarized Quarterly Results
 12 Months Ended
Dec. 31, 2013
Quarterly Financial Information Disclosure [Abstract]  
Summarized Quarterly Results
Summarized Quarterly Results (Unaudited)
 
 
March 31,
 
June 30,
 
September 30,
 
December 31,
 
2013
 
2012
 
2013
 
2012
 
2013
 
2012
 
2013
 
2012
Net interest income:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Interest income from securities
$
3,087

 
$
5,323

 
$
3,014

 
$
3,230

 
$
2,533

 
$
3,674

 
$
3,633

 
$
3,120

Interest income from commercial mortgage loans
3,592

 
2,234

 
3,676

 
2,791

 
4,954

 
2,825

 
3,812

 
2,930

Interest income from subordinate loans
11,454

 
5,313

 
11,498

 
5,859

 
12,184

 
6,144

 
14,026

 
7,350

Interest income from repurchase agreements
2

 
1,559

 
—

 
2,000

 
—

 
2,361

 
—

 
366

Interest expense
(1,068
)
 
(3,242
)
 
(955
)
 
(1,929
)
 
(885
)
 
(1,768
)
 
(1,450
)
 
(1,463
)
Net interest income
17,067

 
11,187

 
17,233

 
11,951

 
18,786

 
13,236

 
20,021

 
12,303

Operating expenses:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
General and administrative expenses
(1,895
)
 
(2,036
)
 
(1,437
)
 
(2,762
)
 
(1,793
)
 
(2,430
)
 
(2,438
)
 
(1,315
)
Management fees to related party
(2,160
)
 
(1,289
)
 
(2,600
)
 
(1,292
)
 
(2,625
)
 
(1,518
)
 
(2,627
)
 
(2,040
)
Total operating expenses
(4,055
)
 
(3,325
)
 
(4,037
)
 
(4,054
)
 
(4,418
)
 
(3,948
)
 
(5,065
)
 
(3,355
)
Interest income from cash balances
—

 
1

 
16

 
—

 
3

 
—

 
1

 
6

Realized loss on sale of security
—

 
262

 
—

 
—

 
—

 
—

 
—

 
—

Unrealized gain (loss) on securities
(1,080
)
 
1,385

 
(1,421
)
 
2,078

 
(1,472
)
 
3,010

 
908

 
16

Gain (loss) on derivative instruments
—

 
(417
)
 
(2
)
 
(65
)
 
1

 
(87
)
 
(1
)
 
(2
)
Net income
11,932

 
9,093

 
11,789

 
9,910

 
12,900

 
12,211

 
15,864

 
8,968

Preferred dividends
(1,860
)
 
—

 
(1,860
)
 
—

 
(1,860
)
 
(1,219
)
 
(1,860
)
 
(1,860
)
Net income available to common stockholders
$
10,072

 
$
9,093

 
$
9,929

 
$
9,910

 
11,040

 
$
10,992

 
$
14,004

 
$
7,108

Basic and diluted net income per share of common stock
$
0.33

 
$
0.43

 
$
0.27

 
$
0.47

 
$
0.29

 
$
0.52

 
$
0.37

 
$
0.26

Basic weighted average common shares outstanding
30,105,939

 
20,561,032

 
36,880,410

 
20,570,616

 
36,883,002

 
20,571,478

 
36,886,619

 
27,297,600

Diluted weighted average common shares outstanding
30,480,689

 
20,966,426

 
37,373,885

 
20,991,450

 
37,379,469

 
20,992,312

 
37,390,369

 
27,608,787

Dividend declared per share of common stock
$
0.40

 
$
0.40

 
$
0.40

 
$
0.40

 
$
0.40

 
$
0.40

 
$
0.40

 
$
0.40