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Debt Obligations, net (Encumbered/Unencumbered Assets) (Details) - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Debt Instrument [Line Items]    
Real estate, net $ 1,302,143 $ 1,282,031
Real estate available and held for sale 41,857 68,588
Land and development, net 681,410 860,311
Loans receivable and other lending investments, net 1,400,474 1,300,655
Other investments 422,853 321,241
Cash and other assets 601,322 898,252
Total assets 4,450,059 4,731,078
Loans receivable, net 1,359,761 1,211,079
Total loan participations payable, net    
Debt Instrument [Line Items]    
Loans receivable, net 85,300 102,300
Collectively Evaluated for Impairment    
Debt Instrument [Line Items]    
General reserves for loan losses 16,600 17,500
Collateral Assets    
Debt Instrument [Line Items]    
Real estate, net 790,545 795,321
Real estate available and held for sale 0 20,069
Land and development, net 25,100 25,100
Loans receivable and other lending investments, net 185,161 194,529
Other investments 0 0
Cash and other assets 0 0
Total assets 1,000,806 1,035,019
Non-Collateral Assets    
Debt Instrument [Line Items]    
Real estate, net 511,598 486,710
Real estate available and held for sale 41,857 48,519
Land and development, net 656,310 835,211
Loans receivable and other lending investments, net 1,146,571 1,021,340
Other investments 422,853 321,241
Cash and other assets 601,322 898,252
Total assets $ 3,380,511 $ 3,611,273