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Secured Debt Arrangements, Net - Schedule of Net Income (Details) - USD ($) $ in Thousands | 3 Months Ended | 12 Months Ended
--- | --- | ---
Dec. 31, 2020 | Sep. 30, 2020 | Jun. 30, 2020 | Mar. 31, 2020 | Dec. 31, 2019 | Sep. 30, 2019 | Jun. 30, 2019 | Mar. 31, 2019 | Dec. 31, 2020 | Dec. 31, 2019 | Dec. 31, 2018
Securitization or Asset-backed Financing Arrangement, Financial Asset for which Transfer is Accounted as Sale [Line Items] |  |  |  |  |  |  |  |  |  |  |  |
Interest income from commercial mortgage loans |  |  |  |  |  |  |  |  |  | $ 309,134 | $ 322,475 | $ 263,709
Interest expense |  | $ (35,364) | $ (34,824) | $ (37,498) | $ (41,205) | $ (43,779) | $ (39,341) | $ (33,511) | $ (36,295) | (148,891) | (152,926) | (114,597)
Net interest income |  | 64,696 | 68,555 | 70,759 | 74,668 | 81,446 | 85,216 | 84,990 | 82,830 | 278,678 | 334,482 | 289,292
General and administrative expenses |  | (7,269) | (6,624) | (6,425) | (6,531) | (5,533) | (5,839) | (6,574) | (6,151) | (26,849) | (24,097) | (20,470)
Reversal of (provision for) loan losses | [1] |  |  |  |  |  |  |  |  | (125,600) | (20,000) | (20,000)
Foreign currency translation gain (loss) |  | 35,304 | 27,002 | 2,559 | (37,949) | 39,830 | (19,129) | (7,777) | 6,894 | 26,916 | 19,818 | (30,335)
Net income |  | 36,680 | $ 49,338 | $ 60,201 | $ (127,842) | $ 71,903 | $ 29,089 | $ 61,424 | $ 67,758 | 18,377 | $ 230,174 | $ 219,986
VIE |  |  |  |  |  |  |  |  |  |  |  |
Securitization or Asset-backed Financing Arrangement, Financial Asset for which Transfer is Accounted as Sale [Line Items] |  |  |  |  |  |  |  |  |  |  |  |
Interest income from commercial mortgage loans |  | 29,511 |  |  |  |  |  |  |  |  |  |
Interest expense |  | (8,312) |  |  |  |  |  |  |  |  |  |
Net interest income |  | 21,199 |  |  |  |  |  |  |  |  |  |
General and administrative expenses |  |  |  |  |  |  |  |  |  | $ (178) |  |
Reversal of (provision for) loan losses |  | (916) |  |  |  |  |  |  |  |  |  |
Foreign currency translation gain (loss) |  | 39,731 |  |  |  |  |  |  |  |  |  |
Net income |  | $ 59,836 |  |  |  |  |  |  |  |  |  |
[1] | Comprised of $118,019 of Specific CECL Allowance, $10,600 of General CECL Allowance, and a $3,019 reversal of a previously recorded impairment on an equity investment for the year ended December 31, 2020, respectively. For the years ended December 31, 2019 and 2018 the balance represents provision per loan losses as determined by the authoritative guidance at the time.

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