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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Cash flows from operating activities:    
Net loss $ (3,427) $ (27,249)
Adjustments to reconcile net income (loss) to cash flows from operating activities:    
(Recovery of) provision for loan losses (6,057) 6,070
(Recovery of) provision for losses on net investment in leases (1,866) 1,826
Impairment of assets 1,785 6,491
Depreciation and amortization 30,115 28,786
Non-cash interest income from sales-type leases (18,808) (8,153)
Stock-based compensation expense 20,299 21,014
Amortization of discounts/premiums and deferred financing costs on debt obligations, net 3,957 6,664
Amortization of discounts/premiums and deferred interest on loans, net (7,459) (16,977)
Deferred interest on loans received 23,703 8,633
Earnings from equity method investments (25,466) (19,198)
Distributions from operations of other investments 18,193 11,000
Deferred operating lease income (5,211) (7,499)
Income from sales of real estate (2,822) (62)
Land development revenue in excess of cost of sales (4,441) (2,406)
Loss on early extinguishment of debt, net 0 4,115
Other operating activities, net (2,148) (9,008)
Changes in assets and liabilities:    
Originations and fundings of loans receivable, net (62,525) 0
Changes in accrued interest and operating lease income receivable 3,572 (929)
Changes in deferred expenses and other assets, net (1,637) (1,692)
Changes in accounts payable, accrued expenses and other liabilities (4,719) (11,218)
Cash flows used in operating activities (44,962) (9,792)
Cash flows from investing activities:    
Originations and fundings of loans receivable, net (65,208) (57,828)
Capital expenditures on real estate assets (4,287) (6,482)
Capital expenditures on land and development assets (8,382) (25,028)
Acquisition of real estate, net investments in leases and land assets (42,000) 0
Repayments of and principal collections on loans receivable and other lending investments, net 209,779 87,552
Net proceeds from sales of loans receivable 79,560 0
Net proceeds from sales of real estate 3,259 9,090
Net proceeds from net investment in leases 12,825 0
Net proceeds from sales of land and development assets 61,945 94,076
Distributions from other investments 22,996 11,606
Contributions to and acquisition of interest in other investments (91,419) (141,091)
Other investing activities, net 4,910 (332)
Cash flows provided by (used in) investing activities 183,978 (28,437)
Cash flows from financing activities:    
Borrowings from debt obligations 25,000 310,572
Repayments and repurchases of debt obligations (35,900) (421,363)
Preferred dividends paid (11,748) (11,748)
Common dividends paid (17,304) (16,148)
Repurchase of stock (32,556) (33,647)
Payments for debt prepayment or extinguishment costs 0 (3,316)
Payments for deferred financing costs (75) (2,501)
Payments for withholding taxes upon vesting of stock-based compensation (2,181) (1,984)
Contributions from noncontrolling interests 64 317
Distributions to noncontrolling interests (6,401) (7,172)
Cash flows (used in) provided by financing activities (81,101) (186,990)
Effect of exchange rate changes on cash (111) (24)
Changes in cash, cash equivalents and restricted cash 57,804 (225,243)
Cash, cash equivalents and restricted cash at beginning of period 150,566 352,206
Cash, cash equivalents and restricted cash at end of period 208,370 126,963
Supplemental disclosure of non-cash investing and financing activity:    
Fundings and (repayments) of loan receivables and loan participations, net (42,501) 4,384
Accounts payable for capital expenditures on real estate assets $ 930 1,873
Accrued repurchase of stock   $ 500