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Summarized Quarterly Results (Unaudited) - Schedule of Summarized Quarterly Results (Details) - USD ($)
$ / shares in Units, $ 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
Net interest income:                      
Interest income from commercial mortgage loans $ 77,116 $ 74,522 $ 75,641 $ 81,855 $ 85,595 $ 81,136 $ 77,458 $ 78,286      
Interest income from subordinate loans and other lending assets 22,944 28,857 32,616 34,018 39,630 43,421 41,043 40,839      
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
Operating expenses:                      
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)
Management fees to related party (9,598) (9,927) (9,957) (10,268) (10,428) (10,434) (10,259) (9,613) (39,750) (40,734) (36,424)
Total operating expenses (16,867) (16,551) (16,382) (16,799) (15,961) (16,273) (16,833) (15,764) (66,599) (64,831) (56,894)
Other income 125 128 591 760 682 429 484 518 1,604 2,113 1,438
Realized loss on investments (30,190) (1,037) (16,405) 0 0 0 (12,513) 0 (47,632) (12,513) 0
Reversal of (provision for) loan losses and impairments, net 26,354 6,342 25,169 (183,465) 0 (35,000) 15,000 0      
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)
Gain (loss) on foreign currency forward contracts (42,702) (34,537) (2,995) 70,491 (43,044) 24,153 11,186 (6,720)      
Loss on interest rate hedging instruments (40) (564) (3,095) (35,548) 8,950 (10,307) (13,113) 0      
Net income 36,680 49,338 60,201 (127,842) 71,903 29,089 61,424 67,758 18,377 230,174 219,986
Preferred dividends (3,385) (3,385) (3,385) (3,385) (3,386) (3,385) (4,919) (6,835) (13,540) (18,525) (27,340)
Net income available to common stockholders $ 33,295 $ 45,953 $ 56,816 $ (131,227) $ 68,517 $ 25,704 $ 56,505 $ 60,923 $ 4,837 $ 211,649 $ 192,646
Net income per share of common stock:                      
Basic (in dollars per share) $ 0.23 $ 0.31 $ 0.37 $ (0.86) $ 0.44 $ 0.16 $ 0.38 $ 0.45 $ 0.01 $ 1.41 $ 1.52
Diluted (in dollars per share) $ 0.23 $ 0.31 $ 0.36 $ (0.86) $ 0.42 $ 0.16 $ 0.37 $ 0.43 $ 0.01 $ 1.40 $ 1.48
Basic weighted-average shares of common stock outstanding (in shares) 140,036,383 146,612,313 151,523,513 153,948,191 153,537,074 153,531,678 145,567,963 134,607,107 148,004,385 146,881,231 124,147,073
Diluted weighted-average shares of common stock outstanding (in shares) 140,036,383 146,612,313 182,083,702 153,948,191 182,070,345 153,531,678 174,101,234 164,683,086 148,004,385 175,794,896 153,821,515
Dividend declared per share of common stock (in dollars per share) $ 0.35 $ 0.35 $ 0.35 $ 0.40 $ 0.46 $ 0.46 $ 0.46 $ 0.46 $ 1.45 $ 1.84 $ 1.84