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Condensed Consolidated Statement of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Cash flows provided by operating activities:    
Net income $ 151,714 $ 98,849
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Amortization of discount/premium and PIK interest (15,491) (7,443)
Amortization of deferred financing costs 4,464 3,199
Equity-based compensation 7,551 2,808
Unrealized (gain) loss on securities (11,830) 36,601
Provision for loan losses and impairment 5,000 15,000
Income (loss) from unconsolidated joint venture 2,259 (207)
Foreign currency (gain) loss (16,940) 21,122
Realized (gain) loss on derivative instruments 289 (21,100)
Unrealized (gain) loss on derivative instruments 17,564 (1,731)
Realized loss on sale of securities 5,118 225
Bargain purchase gain 0 (40,021)
Changes in operating assets and liabilities:    
Accrued interest receivable, less purchased interest (27,910) (17,638)
Other assets (983) (121)
Accounts payable, accrued expenses and other liabilities (8,623) (10,410)
Payable to related party 1,295 606
Net cash provided by operating activities 113,477 79,739
Cash flows provided by (used in) investing activities:    
Funding of commercial mortgage loans (581,567) (548,171)
Funding of subordinate loans (475,503) (51,921)
Payments received on commercial mortgage loans 17,062 118,120
Payments received on subordinate loans 221,478 81,524
Origination and exit fees received on commercial mortgage loans and subordinate loans 13,047 7,509
Funding of unconsolidated joint venture (726) (362)
Funding of other assets (1,379) 0
Proceeds (payments) on settlements of derivative instruments (201) 21,100
Decrease (Increase) in collateral held related to derivative contracts (14,262) 13,110
Proceeds from sale of securities 128,945 86,451
Proceeds from sale of investment in unconsolidated joint venture 24,498 0
Payments received on securities 13,306 22,424
Payments received on securities, held-to-maturity 146,530 5,970
Payments received on other assets 0 107
Net cash provided by (used in) investing activities (508,772) 1,419,767
Cash flows provided by (used in) financing activities:    
Proceeds from issuance of common stock 249,021 0
Redemption of Series A preferred stock (86,250) 0
Payment of offering costs (359) (45)
Proceeds from repurchase agreement borrowings 866,548 448,177
Repayments of repurchase agreement borrowings (727,691) (352,914)
Proceeds from issuance of convertible senior notes 227,700 0
Repayments of participations sold (85,081) (3,770)
Payment of deferred financing costs (8,585) (3,741)
Dividends on common stock (136,404) (94,625)
Dividends on preferred stock (26,752) (18,646)
Net cash provided by (used in) financing activities 272,147 (1,280,081)
Net increase (decrease) in cash, cash equivalents, and restricted cash (123,148) 219,425
Cash, cash equivalents, and restricted cash, beginning of period 263,453 97,542
Cash, cash equivalents, and restricted cash, end of period 140,305 316,967
Supplemental disclosure of cash flow information:    
Interest paid 44,303 47,093
Supplemental disclosure of non-cash investing and financing activities:    
Dividend declared, not yet paid 55,916 46,028
Deferred financing costs, not yet paid 0 0
Offering costs payable 41 220
Apollo Residential Mortgage, Inc. [Member]    
Cash flows provided by (used in) investing activities:    
Proceeds from sale of AMTG assets, net 0 1,474,111
Proceeds from sale of AMTG assets, net 0 189,795
Cash flows provided by (used in) financing activities:    
Repayments of repurchase agreement borrowings 0 (1,254,517)
Supplemental disclosure of non-cash investing and financing activities:    
Fair value of assets acquired from AMTG 0 1,936
Fair value of liabilities assumed from AMTG 0 (1,285)
Fair value of common stock issued to AMTG 0 218
Fair value of preferred stock issued to AMTG $ 0 $ 173