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Segment Reporting (Schedule of Segments) (Details)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
USD ($)
Sep. 30, 2020
USD ($)
Sep. 30, 2021
USD ($)
segment
Sep. 30, 2020
USD ($)
Dec. 31, 2020
USD ($)
May 31, 2019
USD ($)
Segment Profit (Loss)            
Number of reportable segments | segment     4      
Revenues $ 195,485 $ 115,054 $ 414,335 $ 384,930    
Earnings (losses) from equity method investments 89,209 6,805 114,675 26,003    
Income from sales of real estate 25,611 6,055 28,433 6,118    
Total revenue and other earnings 310,305 127,914 557,443 417,051    
Other expense (2,011) (73) (2,475) (351)    
Allocated interest expense (39,471) (42,407) (118,451) (127,748)    
Allocated general and administrative (14,120) (14,207) (45,654) (46,463)    
Segment profit (loss) 148,599 32,934 189,449 74,077    
Other significant items:            
(Recovery of) provision for loan losses (1,556) (1,976) (7,613) 4,093    
(Recovery of) provision for losses on net investment in leases 131 175 (1,735) 2,001    
Impairment of assets 1,179 0 2,965 6,491    
Depreciation and amortization 14,856 14,621 44,971 43,407    
Capitalized expenditures 8,506 7,150 19,637 35,556    
Segment assets            
Real estate, net [1] 1,356,924   1,356,924   $ 1,484,281  
Real estate available and held for sale [1] 1,983   1,983   5,212  
Total real estate [1] 1,358,907   1,358,907   1,489,493  
Net investment in leases 477,360 [1]   477,360 [1]   429,101 [1] $ 424,100
Land and development, net [1] 302,845   302,845   430,663  
Loans receivable and other lending investments, net 405,509   405,509   732,330  
Loan receivable held for sale 42,683   42,683      
Other investments [1] 1,419,766   1,419,766   1,176,560  
Total portfolio assets 4,007,070   4,007,070   4,258,147  
Cash and other assets 795,095   795,095   603,661  
Total assets [1] 4,802,165   4,802,165   4,861,808  
Stock-based compensation expense 3,001 5,661 23,300 26,675    
Operating lease income            
Segment Profit (Loss)            
Revenues 44,392 46,370 137,381 140,529    
Interest income            
Segment Profit (Loss)            
Revenues 7,951 14,270 27,574 46,925    
Interest income from sales-type leases            
Segment Profit (Loss)            
Revenues 9,578 8,360 26,895 25,010    
Other income            
Segment Profit (Loss)            
Revenues 40,195 25,552 64,549 56,212    
Land development revenue            
Segment Profit (Loss)            
Revenues 93,369 20,502 157,936 116,254    
Cost of sales expense (87,380) (21,358) (147,507) (114,704)    
Real estate expense            
Segment Profit (Loss)            
Cost of sales expense (18,724) (16,935) (53,907) (53,708)    
Operating Segments | Net Lease            
Segment Profit (Loss)            
Earnings (losses) from equity method investments 74,889 10,141 98,604 38,472    
Income from sales of real estate   6,055 2,114 6,056    
Total revenue and other earnings 131,523 71,165 269,448 209,709    
Other expense (1,327)   (1,327)      
Allocated interest expense (26,467) (26,049) (76,888) (74,915)    
Allocated general and administrative (5,487) (5,161) (17,544) (17,327)    
Segment profit (loss) 92,796 32,819 152,624 97,970    
Other significant items:            
(Recovery of) provision for loan losses 54 19 (202) 212    
(Recovery of) provision for losses on net investment in leases 131 175 (1,735) 2,001    
Impairment of assets 757   2,286 2,036    
Depreciation and amortization 13,114 12,781 39,255 37,924    
Capitalized expenditures 969 1,896 2,300 8,913    
Segment assets            
Real estate, net 1,263,881   1,263,881   1,291,903  
Total real estate 1,263,881   1,263,881   1,291,903  
Net investment in leases 477,360   477,360   429,101  
Loans receivable and other lending investments, net 47,555   47,555   45,398  
Loan receivable held for sale 42,683   42,683      
Other investments 1,213,804   1,213,804   1,016,710  
Total portfolio assets 3,045,283   3,045,283   2,783,112  
Operating Segments | Net Lease | Operating lease income            
Segment Profit (Loss)            
Revenues 40,659 41,144 123,926 124,109    
Operating Segments | Net Lease | Interest income            
Segment Profit (Loss)            
Revenues 1,630 911 3,696 2,594    
Operating Segments | Net Lease | Interest income from sales-type leases            
Segment Profit (Loss)            
Revenues 9,578 8,360 26,895 25,010    
Operating Segments | Net Lease | Other income            
Segment Profit (Loss)            
Revenues 4,767 4,554 14,213 13,468    
Operating Segments | Net Lease | Real estate expense            
Segment Profit (Loss)            
Cost of sales expense (5,446) (7,136) (21,065) (19,497)    
Operating Segments | Real Estate Finance            
Segment Profit (Loss)            
Earnings (losses) from equity method investments 872   2,092      
Total revenue and other earnings 8,288 13,463 27,215 48,580    
Other expense (270) (37) (422) (80)    
Allocated interest expense (3,331) (5,831) (11,737) (17,989)    
Allocated general and administrative (958) (1,451) (3,659) (5,123)    
Segment profit (loss) 3,729 6,144 11,397 25,388    
Other significant items:            
(Recovery of) provision for loan losses (1,610) (1,995) (7,411) 3,881    
Segment assets            
Loans receivable and other lending investments, net 357,954   357,954   686,932  
Other investments 47,936   47,936      
Total portfolio assets 405,890   405,890   686,932  
Operating Segments | Real Estate Finance | Interest income            
Segment Profit (Loss)            
Revenues 6,321 13,359 23,878 44,331    
Operating Segments | Real Estate Finance | Other income            
Segment Profit (Loss)            
Revenues 1,095 104 1,245 4,249    
Operating Segments | Operating Properties            
Segment Profit (Loss)            
Earnings (losses) from equity method investments 1,129 (4,134) (5,553) (11,741)    
Income from sales of real estate 25,611   26,319 62    
Total revenue and other earnings 47,246 3,959 57,101 11,079    
Allocated interest expense (1,641) (2,289) (5,714) (6,731)    
Allocated general and administrative (473) (582) (1,797) (1,966)    
Segment profit (loss) 35,948 (3,340) 30,352 (14,218)    
Other significant items:            
Impairment of assets 422   679 2,983    
Depreciation and amortization 1,385 1,287 4,593 3,843    
Capitalized expenditures 121 84 610 1,421    
Segment assets            
Real estate, net 93,043   93,043   192,378  
Real estate available and held for sale 1,983   1,983   5,212  
Total real estate 95,026   95,026   197,590  
Other investments 43,659   43,659   58,739  
Total portfolio assets 138,685   138,685   256,329  
Operating Segments | Operating Properties | Operating lease income            
Segment Profit (Loss)            
Revenues 3,637 5,137 13,176 16,153    
Operating Segments | Operating Properties | Other income            
Segment Profit (Loss)            
Revenues 16,869 2,956 23,159 6,605    
Operating Segments | Operating Properties | Real estate expense            
Segment Profit (Loss)            
Cost of sales expense (9,184) (4,428) (19,238) (16,600)    
Operating Segments | Land and Development            
Segment Profit (Loss)            
Earnings (losses) from equity method investments 10,836 592 15,456 1,225    
Total revenue and other earnings 107,490 25,014 179,565 123,304    
Other expense (64)   (64)      
Allocated interest expense (3,679) (4,606) (11,481) (13,598)    
Allocated general and administrative (2,173) (2,320) (6,968) (7,524)    
Segment profit (loss) 10,100 (8,641) (59) (30,133)    
Other significant items:            
Impairment of assets       1,472    
Depreciation and amortization 228 243 674 729    
Capitalized expenditures 7,416 5,170 16,727 25,222    
Segment assets            
Land and development, net 302,845   302,845   430,663  
Other investments 537   537   31,200  
Total portfolio assets 303,382   303,382   461,863  
Operating Segments | Land and Development | Operating lease income            
Segment Profit (Loss)            
Revenues 96 89 279 267    
Operating Segments | Land and Development | Other income            
Segment Profit (Loss)            
Revenues 3,189 3,831 5,894 5,558    
Operating Segments | Land and Development | Land development revenue            
Segment Profit (Loss)            
Revenues 93,369 20,502 157,936 116,254    
Cost of sales expense (87,380) (21,358) (147,507) (114,704)    
Operating Segments | Land and Development | Real estate expense            
Segment Profit (Loss)            
Cost of sales expense (4,094) (5,371) (13,604) (17,611)    
Corporate/Other            
Segment Profit (Loss)            
Earnings (losses) from equity method investments 1,483 206 4,076 (1,953)    
Total revenue and other earnings 15,758 14,313 24,114 24,379    
Other expense (350) (36) (662) (271)    
Allocated interest expense (4,353) (3,632) (12,631) (14,515)    
Allocated general and administrative (5,029) (4,693) (15,686) (14,523)    
Segment profit (loss) 6,026 5,952 (4,865) (4,930)    
Other significant items:            
Depreciation and amortization 129 310 449 911    
Segment assets            
Other investments 113,830   113,830   69,911  
Total portfolio assets 113,830   113,830   $ 69,911  
Corporate/Other | Other income            
Segment Profit (Loss)            
Revenues $ 14,275 $ 14,107 $ 20,038 $ 26,332    
[1] Refer to Note 2 for details on the Company’s consolidated variable interest entities (“VIEs”).