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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash flows from operating activities:    
Net income (loss) $ (27,249) $ 366,721
Adjustments to reconcile net income (loss) to cash flows from operating activities:    
Provision for loan losses 6,070 13
Provision for losses on net investment in leases 1,826 0
Impairment of assets 6,491 4,953
Depreciation and amortization 28,786 29,386
Non-cash interest income from sales-type leases (8,153) (704)
Stock-based compensation expense 21,014 13,954
Amortization of discounts/premiums and deferred financing costs on debt obligations, net 6,664 7,050
Amortization of discounts/premiums and deferred interest on loans, net (16,977) (22,525)
Deferred interest on loans received 8,633 5,850
Selling profit from sales-type leases 0 (180,416)
Earnings from equity method investments (19,198) (8,949)
Distributions from operations of other investments 11,000 6,895
Deferred operating lease income (7,499) (9,767)
Income from sales of real estate (62) (229,930)
Land development revenue in excess of cost of sales (2,406) 1,910
Loss on early extinguishment of debt, net 4,115 468
Other operating activities, net (9,008) 11,816
Changes in assets and liabilities:    
Changes in accrued interest and operating lease income receivable (929) 1,696
Changes in deferred expenses and other assets, net (1,692) (3,768)
Changes in accounts payable, accrued expenses and other liabilities (11,218) (34,157)
Cash flows used in operating activities (9,792) (39,504)
Cash flows from investing activities:    
Originations and fundings of loans receivable, net (57,828) (148,113)
Capital expenditures on real estate assets (6,482) (12,021)
Capital expenditures on land and development assets (25,028) (73,314)
Acquisitions of real estate, net investments in leases and land assets 0 (129,856)
Repayments of and principal collections on loans receivable and other lending investments, net 87,552 229,955
Net proceeds from sales of real estate 9,090 294,737
Net proceeds from sales of land and development assets 94,076 18,095
Distributions from other investments 11,606 49,695
Contributions to and acquisition of interest in other investments (141,091) (310,812)
Payments for deposits on investments 0 (20,000)
Other investing activities, net (332) (22,354)
Cash flows provided by (used in) investing activities (28,437) (123,988)
Cash flows from financing activities:    
Borrowings from debt obligations 310,572 63,500
Repayments and repurchases of debt obligations (421,363) (384,723)
Preferred dividends paid (11,748) (16,248)
Common dividends paid (16,148) (12,565)
Repurchase of stock (33,647) (57,368)
Payments for debt prepayment or extinguishment costs (3,316) 0
Payments for deferred financing costs (2,501) (62)
Payments for withholding taxes upon vesting of stock-based compensation (1,984) (1,842)
Contributions from noncontrolling interests 317 2,039
Distributions to noncontrolling interests (7,172) (7,610)
Other financing activities, net 0 (1,920)
Cash flows used in financing activities (186,990) (416,799)
Effect of exchange rate changes on cash (24) 0
Changes in cash, cash equivalents and restricted cash (225,243) (580,291)
Cash, cash equivalents and restricted cash at beginning of period 352,206 974,544
Cash, cash equivalents and restricted cash at end of period 126,963 394,253
Supplemental disclosure of non-cash investing and financing activity:    
Fundings and repayments of loan receivables and loan participations, net 4,384 7,394
Accounts payable for capital expenditures on real estate assets 1,873 0
Contributions of land and development assets to equity method investments, net 0 4,073
Accrued repurchase of stock 500 977
Acquisition of land and development asset through joint venture consolidation 0 27,000
Assumption of mortgage by third party 0 228,000
Sales-type lease origination $ 0 $ 411,523