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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Cash flows from operating activities:    
Net income $ 681,258 $ 127,567
Adjustments to reconcile net income (loss) to cash flows from operating activities:    
Provision for (recovery of) loan losses 22,556 (7,613)
Provision for losses on net investment in leases   (1,735)
Impairment of assets 3,260 2,965
Depreciation and amortization 3,985 44,971
Non-cash interest income from sales-type leases (1,748) (22,243)
Stock-based compensation (income) expense (30,724) 23,300
Amortization of discounts/premiums and deferred financing costs on debt obligations, net 7,362 5,920
Amortization of discounts/premiums and deferred interest on loans, net (6,615) (11,730)
Deferred interest on loans received 4,738 24,394
Earnings from equity method investments (229,351) (114,675)
Distributions from operations of other investments 149,741 37,433
Deferred operating lease income (2,169) (7,874)
Income from sales of real estate (685,180) (28,433)
Land development revenue in excess of cost of sales 979 (10,429)
Loss on early extinguishment of debt, net 172,608  
Other operating activities, net (12,846) (14,031)
Changes in assets and liabilities:    
Originations and fundings of loans receivable held for sale   (42,000)
Changes in accrued interest and operating lease income receivable 2,552 5,259
Changes in deferred expenses and other assets, net (15,308) (9,186)
Changes in accounts payable, accrued expenses and other liabilities (49,725) (6,601)
Cash flows provided by (used in) operating activities 15,373 (4,741)
Cash flows from investing activities:    
Originations and fundings of loans receivable, net (5,831) (71,921)
Capital expenditures on real estate assets (1,090) (5,835)
Capital expenditures on land and development assets (15,993) (15,603)
Acquisition of real estate, net investments in leases and land assets (36,730) (42,000)
Repayments of and principal collections on loans receivable and other lending investments, net 90,615 226,065
Net proceeds from sales of loans receivable 145,583 122,609
Net proceeds from sales of real estate 1,982,254 125,666
Net proceeds from sales of net investment in leases 608,238 14,910
Net proceeds from sales of land and development assets 51,580 154,094
Net proceeds from sales of other investments   3,000
Distributions from other investments 161,275 34,926
Contributions to and acquisition of interest in other investments (273,206) (171,005)
Other investing activities, net (62) (1,184)
Cash flows provided by investing activities 2,706,633 373,722
Cash flows from financing activities:    
Borrowings from debt obligations 50,000 25,000
Repayments and repurchases of debt obligations (1,154,033) (44,534)
Purchase of marketable securities in connection with the defeasance of mortgage notes payable (252,571)  
Preferred dividends paid (17,622) (17,622)
Common dividends paid (30,224) (26,149)
Repurchase of stock   (88,946)
Payments for debt prepayment or extinguishment costs (16,676)  
Payments for deferred financing costs   (75)
Payments for withholding taxes upon vesting of stock-based compensation (10,567) (2,210)
Contributions from noncontrolling interests 7,893 233
Distributions to noncontrolling interests (351,005) (10,317)
Cash flows used in financing activities (1,774,805) (164,620)
Effect of exchange rate changes on cash (100) (126)
Changes in cash, cash equivalents and restricted cash 947,101 204,235
Cash, cash equivalents and restricted cash at beginning of period 393,996 150,566
Cash, cash equivalents and restricted cash at end of period $ 1,341,097 $ 354,801