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Condensed Consolidated Statement of Operations (Unaudited) - USD ($)
 3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Net interest income:        
Interest income from securities $ 8,029,000 $ 8,293,000 $ 23,685,000 $ 24,846,000
Interest income from securities, held to maturity 2,875,000 2,956,000 8,597,000 9,050,000
Interest income from commercial mortgage loans 27,460,000 15,184,000 72,727,000 37,246,000
Interest income from subordinate loans 32,207,000 25,445,000 89,649,000 65,206,000
Interest expense (17,256,000) (13,187,000) (47,620,000) (36,287,000)
Net interest income 53,315,000 38,691,000 147,038,000 100,061,000
Operating expenses:        
General and administrative expenses (includes $1,828 and $5,434 of equity based compensation in 2016 and $756 and $2,695 in 2015, respectively) (8,352,000) (2,099,000) (21,456,000) (6,512,000)
Management fees to related party (5,903,000) (4,097,000) (16,374,000) (11,325,000)
Total operating expenses (14,255,000) (6,196,000) (37,830,000) (17,837,000)
Income from unconsolidated joint venture 80,000 108,000 207,000 495,000
Other income 309,000 239,000 334,000 252,000
Provision for loan losses 0 0 (15,000,000) 0
Realized loss on sale of securities (225,000) 0 (225,000) (443,000)
Unrealized gain (loss) on securities (9,798,000) (6,926,000) (36,601,000) (5,792,000)
Foreign currency gain (loss) (4,369,000) (2,165,000) (21,926,000) 3,424,000
Bargain purchase gain 40,021,000 0 40,021,000 0
Gain (loss) on derivative instruments (includes unrealized gains(losses) of ($10,297) and $1,731 in 2016 and $2,096 and $(4,144) in 2015, respectively) 4,815,000 2,096,000 22,831,000 (4,144,000)
Net income 69,893,000 25,847,000 98,849,000 76,016,000
Preferred dividends (9,310,000) (2,304,000) (20,985,000) (6,023,000)
Net income available to common stockholders $ 60,583,000 $ 23,543,000 $ 77,864,000 $ 69,993,000
Net income per common share, basic and diluted $ 0.83 $ 0.39 $ 1.11 $ 1.24
Basic weighted average shares of common stock outstanding (shares) 71,919,549 59,355,613 68,913,362 55,818,731
Diluted weighted average shares of common stock outstanding (shares) 72,861,611 59,934,008 69,865,603 56,415,082
Dividend declared per share of common stock (dollars per share) $ 0.46 $ 0.44 $ 1.38 $ 1.32