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Debt Obligations, net (Encumbered/Unencumbered Assets) (Details) - USD ($)
$ in Thousands
Sep. 30, 2015
Jun. 30, 2015
Dec. 31, 2014
Sep. 30, 2014
Jun. 30, 2014
Dec. 31, 2013
Debt Instrument [Line Items]            
Real estate, net $ 2,490,538   $ 2,676,714      
Real estate available and held for sale [1] 296,591   285,982      
Loans receivable and other lending investments, net [2] 1,585,399   1,377,843      
Other investments 290,519   354,119      
Cash and other assets 979,748   768,475      
Total assets 5,642,795   5,463,133      
Reserves for loan losses 128,558 $ 121,934 98,490 $ 119,907 $ 137,904 $ 377,204
Loan Participations Payable, net 148,163   0      
Loans Receivable, Net 1,494,951   1,190,172      
Encumbered Assets            
Debt Instrument [Line Items]            
Real estate, net 870,397   620,378      
Real estate available and held for sale 17,078   10,496      
Loans receivable and other lending investments, net [3],[4] 91,997   46,515      
Other investments 19,593   17,708      
Cash and other assets 0   0      
Total assets 999,065   695,097      
Unencumbered Assets            
Debt Instrument [Line Items]            
Real estate, net 1,620,141   2,056,336      
Real estate available and held for sale 279,513   275,486      
Loans receivable and other lending investments, net [3],[4] 1,377,514   1,364,828      
Other investments 270,926   336,411      
Cash and other assets 979,748   768,475      
Total assets 4,527,842   4,801,536      
Collectively Evaluated for Impairment            
Debt Instrument [Line Items]            
Reserves for loan losses [5] 33,038   $ 33,500      
Loan Participations Payable            
Debt Instrument [Line Items]            
Loans Receivable, Net $ 148,900          
[1] As of September 30, 2015 and December 31, 2014, the Company had $132.8 million and $155.8 million, respectively, of residential properties available for sale in its operating properties portfolio.
[2] The Company's recorded investment in loans as of September 30, 2015 and December 31, 2014 includes accrued interest of $8.9 million and $7.0 million, respectively, which are included in "Accrued interest and operating lease income receivable, net" on the Company's consolidated balance sheets.
[3] (2)As of September 30, 2015, the amount presented excludes loan participations of $148.9 million.
[4] As of September 30, 2015 and December 31, 2014, the amounts presented exclude general reserves for loan losses of $33.0 million and $33.5 million, respectively.
[5] The carrying value of these loans include unamortized discounts, premiums, deferred fees and costs aggregating to a net discount of $8.9 million and $10.6 million as of September 30, 2015 and December 31, 2014, respectively.