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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities:      
Net income (loss) $ 600,414 $ 138,026 $ (30,853)
Adjustments to reconcile net income (loss) to cash flows from operating activities:      
Provision for (recovery of) loan losses 44,998 (9,235) 9,052
(Recovery of) provision for losses on net investment in leases   (10,872) 1,760
Impairment of assets 16,600 2,965 7,827
Depreciation and amortization 5,470 59,294 58,092
Non-cash interest income from sales-type leases (1,748) (25,054) (24,969)
Stock-based compensation (income) expense (27,664) 69,261 39,354
Amortization of discounts/premiums and deferred financing costs on debt obligations, net 9,322 8,572 13,328
Amortization of discounts/premiums and deferred interest on loans, net (6,859) (14,481) (30,738)
Deferred interest on loans received 8,725 27,526 20,661
Selling profit from sales-type leases   25,034  
Earnings from equity method investments (185,809) (162,467) (42,126)
Distributions from operations of other investments 158,427 51,588 24,826
Deferred operating lease income (2,055) (11,310) (14,052)
Income from sales of real estate (710,367) (34,794) (6,318)
Land development revenue in excess of cost of sales 1,688 (17,142) 13,025
Loss on early extinguishment of debt, net 172,608   12,038
Other operating activities, net (13,043) 720 (19,496)
Changes in assets and liabilities:      
Originations and fundings of loans receivable held for sale, net   (59,624)  
Proceeds from sale of loans receivable held for sale 43,536    
Changes in accrued interest and operating lease income receivable 2,252 5,493 (2,311)
Changes in deferred expenses and other assets, net (17,562) (11,995) (5,351)
Changes in accounts payable, accrued expenses and other liabilities (51,266) (1,764) (1,863)
Cash flows provided by (used in) operating activities 47,667 (20,327) 21,886
Cash flows from investing activities:      
Originations and fundings of loans receivable, net (6,740) (75,250) (119,368)
Capital expenditures on real estate assets (1,178) (6,762) (15,798)
Capital expenditures on land and development assets (21,875) (23,929) (40,954)
Acquisition of real estate, net investments in leases and land assets (40,273) (42,652)  
Repayments of and principal collections on loans receivable and other lending investments, net 129,109 270,393 208,240
Net proceeds from sales of loans receivable 128,585 122,609 11,000
Net proceeds from sales of real estate 2,021,821 157,258 48,415
Net proceeds from sales of land and development assets 59,946 182,723 161,063
Net proceeds from sales of other investments 608,238 111,429  
Distributions from other investments 175,398 35,036 39,871
Contributions to and acquisition of interest in other investments (274,544) (216,997) (260,121)
Other investing activities, net 9,325 158 (1,169)
Cash flows provided by investing activities 2,787,812 514,016 31,179
Cash flows from financing activities:      
Borrowings from debt obligations 50,000 25,000 802,913
Repayments and repurchases of debt obligations (1,154,033) (73,559) (913,501)
Purchase of marketable securities in connection with the defeasance of mortgage notes payable (252,571)    
Preferred dividends paid (23,496) (23,496) (23,496)
Common dividends paid (30,224) (34,783) (32,664)
Repurchase of stock   (122,618) (54,565)
Payments for debt prepayment or extinguishment costs (16,676)   (8,567)
Payments for deferred financing costs (25) (14,288) (7,711)
Payments for withholding taxes upon vesting of stock-based compensation (10,567) (4,093) (2,716)
Contributions from noncontrolling interests 7,893 11,127 496
Distributions to noncontrolling interests (351,005) (13,425) (15,167)
Cash flows used in financing activities (1,780,704) (250,135) (254,978)
Effect of exchange rate changes on cash (79) (124) 273
Changes in cash, cash equivalents and restricted cash 1,054,696 243,430 (201,640)
Cash, cash equivalents and restricted cash at beginning of period 393,996 150,566 352,206
Cash, cash equivalents and restricted cash at end of period 1,448,692 393,996 150,566
Supplemental disclosure of cash flow information:      
Cash paid during the period for interest, net of amount capitalized $ 103,068 $ 143,451 $ 142,453