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Fair Value of Financial Instruments (Tables)
3 Months Ended
Mar. 31, 2018
Financial Instruments Disclosure [Abstract]  
Carrying Value and Estimated Fair Value of Company's Financial Instruments
The following table presents the carrying value and estimated fair value of the Company’s financial instruments not carried at fair value on the condensed consolidated balance sheet at March 31, 2018 and December 31, 2017 ($ in thousands):
 
March 31, 2018
 
December 31, 2017
 
Carrying
Value
 
Estimated
Fair Value
 
Carrying
Value
 
Estimated
Fair Value
Cash
$
98,310

 
$
98,310

 
$
77,671

 
$
77,671

Commercial first mortgage loans, net
3,029,240

 
3,033,356

 
2,653,826

 
2,657,262

Subordinate loans, net
1,038,254

 
1,035,838

 
1,025,932

 
1,029,390

Secured debt arrangements
(1,226,786
)
 
(1,226,786
)
 
(1,345,195
)
 
(1,345,195
)
2019 Notes
(252,270
)
 
(273,571
)
 
(251,935
)
 
(267,506
)
2022 Notes
(333,342
)
 
(346,604
)
 
(332,962
)
 
(350,175
)