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Basis of Presentation and Principles of Consolidation (Details) - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Real estate      
Real estate, at cost $ 113,510 $ 209,952  
Less: accumulated depreciation (21,360) (17,574)  
Real estate, net 92,150 192,378  
Land and development, net 286,810 430,663  
Cash and cash equivalents 339,601 98,633 $ 307,172
Accrued interest and operating lease income receivable, net 1,813 6,135  
Deferred operating lease income receivable, net 3,159 2,905  
Deferred expenses and other assets, net 100,434 112,819  
Total assets 4,840,534 4,861,808  
LIABILITIES      
Accounts payable, accrued expenses and other liabilities 236,732 194,961  
Liabilities associated with real estate held for sale and classified as discontinued operations 968,419 990,656  
Debt obligations, net 2,572,174 2,569,280  
Total liabilities 3,777,328 3,797,425  
Carrying value of investment 1,297,281 1,097,562  
Consolidated VIEs      
Real estate      
Real estate, at cost 93,477 93,225  
Less: accumulated depreciation (14,987) (11,568)  
Real estate, net 78,490 81,657  
Real estate and other assets available and held for sale and classified as discontinued operations. 886,845 900,767  
Land and development, net 176,833 240,137  
Cash and cash equivalents 23,908 22,571  
Accrued interest and operating lease income receivable, net   211  
Deferred operating lease income receivable, net 3    
Deferred expenses and other assets, net 5,001 8,084  
Total assets 1,171,081 1,253,427  
LIABILITIES      
Accounts payable, accrued expenses and other liabilities 24,744 59,917  
Liabilities associated with real estate held for sale and classified as discontinued operations 493,739 544,383  
Total liabilities 518,483 $ 604,300  
Unconsolidated VIEs      
LIABILITIES      
Carrying value of investment 52,600    
Variable interest entity unfunded commitment $ 6,600