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Basis of Presentation and Principles of Consolidation (Details) - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Real estate      
Real estate, at cost [1] $ 94,593 $ 113,510  
Less: accumulated depreciation [1] (18,096) (21,360)  
Real estate, net [1] 76,497 92,150  
Land and development, net [1] 232,014 286,810  
Cash and cash equivalents 1,442,269 [1] 339,601 [1] $ 98,633
Accrued interest and operating lease income receivable, net [1] 1,132 1,813  
Deferred operating lease income receivable, net [1] 1,137 3,159  
Deferred expenses and other assets, net [1] 46,276 100,434  
Total assets [1] 3,253,228 4,840,534  
LIABILITIES      
Accounts payable, accrued expenses and other liabilities [1] 143,477 236,732  
Liabilities associated with real estate held for sale and classified as discontinued operations [1],[2] 333 968,419  
Debt obligations, net [1] 1,682,521 2,572,174  
Total liabilities [1] 1,826,331 3,777,328  
Carrying value of investment [1] 1,360,682 1,297,281  
Consolidated VIEs      
Real estate      
Real estate, at cost 94,159 93,477  
Less: accumulated depreciation (18,033) (14,987)  
Real estate, net 76,126 78,490  
Real estate and other assets available and held for sale and classified as discontinued operations.   886,845  
Land and development, net 128,717 176,833  
Cash and cash equivalents 11,886 23,908  
Deferred operating lease income receivable, net 6 3  
Deferred expenses and other assets, net 6,921 5,001  
Total assets 223,656 1,171,081  
LIABILITIES      
Accounts payable, accrued expenses and other liabilities 24,406 24,744  
Liabilities associated with real estate held for sale and classified as discontinued operations 146 493,739  
Total liabilities 24,552 $ 518,483  
Unconsolidated VIEs      
LIABILITIES      
Carrying value of investment $ 32,100    
[1] Refer to Note 2 for details on the Company’s consolidated variable interest entities (“VIEs”). Certain items have been reclassified to “Real estate and other assets available and held for sale and classified as discontinued operations” and “Liabilities associated with real estate held for sale and classified as discontinued operations” (refer to Note 3).
[2] Refer to Note 3 – Net Lease Sale and Discontinued Operations.