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Consolidated Statements of Operations - USD ($)
$ in Thousands
 3 Months Ended 12 Months Ended
Dec. 31, 2016
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Net interest income:                      
Interest income from securities $ 3,901 $ 8,029 $ 7,607 $ 8,049 $ 8,343 $ 8,293 $ 8,265 $ 8,287 $ 27,586 $ 33,188 $ 21,189
Interest income from securities, held-to-maturity 2,872 2,875 2,826 2,896 2,704 2,956 3,349 3,045 11,469 12,054 4,613
Interest income from commercial mortgage loans 30,200 27,460 24,140 21,127 18,846 15,184 11,968 10,094 102,927 56,092 27,802
Interest income from subordinate loans 32,746 32,207 28,067 29,375 25,623 25,445 21,152 18,610 122,394 90,830 69,743
Interest expense (16,139) (17,256) (15,722) (14,642) (12,275) (13,187) (11,917) (11,482) (63,759) (48,861) (26,541)
Net interest income 53,580 53,315 46,918 46,805 43,241 38,691 32,817 28,554 200,617 143,303 96,806
Operating expenses:                      
General and administrative expenses (includes equity-based compensation of $7,090 in 2016, $4,387 in 2015 and $1,576 in 2014) (3,527) (8,352) (4,922) (8,185) (2,979) (2,099) (2,059) (2,355) (24,983) (9,492) (6,151)
Management fees to related party (7,015) (5,903) (5,242) (5,229) (5,294) (4,097) (3,887) (3,341) (23,388) (16,619) (11,960)
Total operating expenses (10,542) (14,255) (10,164) (13,414) (8,273) (6,196) (5,946) (5,696) (48,371) (26,111) (18,111)
Income (loss) from unconsolidated joint venture (303) 80 59 68 2,972 108 384 0 (96) 3,464 (157)
Interest income from cash balances 760 309 22 2 983 239 6 11 1,094 1,239 34
Provision for loan losses 0 0 (15,000) 0 0 0 0 0 (15,000) 0 0
Realized gain (loss) on sale of assets 4,059 (225) 0 0 0 0 0 (443) 3,834 (443) 0
Unrealized gain (loss) on securities 10,502 (9,798) (11,728) (15,074) (11,618) (6,926) (2,273) 3,409 (26,099) (17,408) 4,147
Foreign currency gain (loss) (7,359) (4,369) (13,082) (4,474) (3,121) (3,998) 6,169 (3,944) (29,284) (4,894) (4,050)
Bargain Purchase gain 0 40,021 0 0 0 0 0 0 40,021 0 0
Gain (loss) on derivative instruments (includes unrealized gains (losses) of $2,608 in 2016, $(1,063) in 2015 and $4,070 in 2014) 8,329 4,815 13,313 4,703 3,054 3,929 (6,499) 3,622 31,160 4,106 4,070
Net income 59,026 69,893 10,338 18,616 27,238 25,847 24,658 25,513 157,876 103,256 82,739
Preferred dividends (9,310) (9,310) (5,860) (5,815) (5,860) (2,304) (1,860) (1,860) (30,295) (11,884) (7,440)
Net income available to common stockholders $ 49,716 $ 60,583 $ 4,478 $ 12,801 $ 21,378 $ 23,543 $ 22,798 $ 23,653 $ 127,581 $ 91,372 $ 75,299
Basic and diluted net income per share of common stock (in dollars per share) $ 0.60 $ 0.83 $ 0.06 $ 0.18 $ 0.32 $ 0.39 $ 0.39 $ 0.47 $ 1.74 $ 1.54 $ 1.72
Basic weighted average shares of common stock outstanding (in shares) 82,670,237 71,919,549 67,402,311 67,385,191 67,146,882 59,355,613 58,429,155 49,563,822 72,371,374 58,674,046 43,464,255
Diluted weighted average shares of common stock outstanding (in shares) 83,548,823 72,861,611 68,374,557 68,327,718 67,754,673 59,934,008 59,022,217 50,171,687 73,305,101 59,273,280 43,684,805