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Subsequent Events | 6 Months Ended
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Jun. 30, 2017
Subsequent Events [Abstract] |
Subsequent Events | Subsequent Events On July 3, 2017, the Company announced that it will redeem all 3,450,000 issued and outstanding shares of the Series A Preferred Stock on August 2, 2017. The Series A Preferred Stockholders are entitled to the redemption price of $25.00 plus unpaid dividends of $0.1079 per share. In July 2017, the Company received approximately $60,000 in proceeds from sales and principal pay downs from two CMBS. Subsequent to the end of the second quarter, the Company committed capital to the following commercial real estate debt investments:
• | $125,000 and £60,000 of first mortgage loans ($125,000 and £32,190 of which were funded);
• | $37,500 of subordinate loans ($37,500 of which were funded); and
• | $2,900 for previously closed loans.
The Company received approximately $50,400 from loan repayments.

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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 855 -URI http://asc.fasb.org/topic&trid=2122774 + Details
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