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Debt, net (Tables) | 9 Months Ended
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Sep. 30, 2016
Debt Disclosure [Abstract] |
Schedule of Debt [Table Text Block] | The following table summarizes the balance of the Company’s debt holdings, net of discounts and deferred financing costs, excluding notes payable of consolidated CLOs. See Note—(15) Assets and Liabilities of Consolidated CLOs:
|  |  |  |  |  | Maximum Borrowing Capacity as of |  | As of
Debt Type |  | Stated Maturity Date |  | Stated Interest Rate or Range of Rates |  | September 30, 2016 |  | September 30, 2016 |  | December 31, 2015
Secured corporate credit agreements |  | September 2018 - December 2019 |  | 1 Month LIBOR + 3.00% to 6.50% |  | $ | 199,000 |  |  | $ | 169,850 |  |  | $ | 137,000 |
Asset based revolving financing (1) (2) |  | April 2017 - May 2020 |  | LIBOR + 2.25% to 5.75% |  | 330,000 |  |  | 184,494 |  |  | 99,395 |
Warehouse borrowings (3) |  | April 2017 - August 2017 |  | LIBOR + 2.63% to 3.00% |  | 175,500 |  |  | 154,503 |  |  | 229,794 |
Mortgage borrowings - Fixed Rate |  | August 2019 - May 2040 |  | 4.00% to 4.76% |  | 77,050 |  |  | 76,744 |  |  | 76,818 |
Mortgage borrowings - Variable Rate (LIBOR based) |  | October 2019 - January 2023 |  | LIBOR + 2.05% to 3.20% |  | 152,414 |  |  | 151,328 |  |  | 89,846 |
Mortgage borrowings - Variable Rate (Prime rate based) |  | January 2024 |  | Prime Rate + 1.00% |  | 750 |  |  | 704 |  |  | 717 |
Subordinated debt |  | April 2020 |  | 12.50% |  | 20,000 |  |  | 8,500 |  |  | 3,500 |
Preferred trust securities |  | June 2037 |  | 3 Month LIBOR + 4.10% |  | 35,000 |  |  | 35,000 |  |  | 35,000 |
Preferred notes payable |  | January 2021 |  | 12.00% |  |  |  | 1,284 |  |  | 1,562 |
Total debt, face value |  |  |  |  |  |  |  | 782,407 |  |  | 673,632 |
Unamortized discount, net |  |  |  |  |  |  |  | (452 | ) |  | (422 | )
Unamortized deferred financing costs |  |  |  |  |  |  |  | (7,860 | ) |  | (6,258 | )
Total debt, net |  |  |  |  |  |  |  | $ | 774,095 |  |  | $ | 666,952 |
(1) Asset based revolving financing is generally recourse only to specific assets and related cash flows. (2) The weighted average coupon rate for asset based revolving financing was 3.31% and 2.76% at September 30, 2016 and December 31, 2015, respectively. (3) The weighted average coupon rate for warehouse borrowings was 3.31% and 2.68% at September 30, 2016 and December 31, 2015, respectively. Includes debt having a maximum borrowing capacity of $90,500 with a stated interest rate of LIBOR +2.75% and a floor of 3.00%.
Schedule of Other Nonoperating Income (Expense) [Table Text Block] | The table below presents the amount of interest expense the Company incurred on its debt for the following periods:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2016 |  | 2015 |  | 2016 |  | 2015
Interest expense | $ | 7,769 |  |  | $ | 6,097 |  |  | $ | 20,612 |  |  | $ | 17,151 |
Schedule of Maturities of Long-term Debt [Table Text Block] | The following table presents the future maturities of the unpaid principal balance on the Company’s long-term debt (excluding preferred notes payable) as of:
| September 30, 2016
Remainder of 2016 | $ | 505 |
2017 | 171,055 |
2018 | 68,679 |
2019 | 221,293 |
2020 | 156,020 |
Thereafter | 163,571 |
Total | $ | 781,123 |

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- Definition Tabular disclosure of the combined aggregate amount of maturities and sinking fund requirements for all long-term borrowings for each of the five years following the date of the latest balance sheet date presented. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6802200&loc=d3e1835-112601 + Details
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- Definition Tabular disclosure of the components of non-operating income or non-operating expense that may include amounts earned from dividends, interest on securities, gains (losses) on securities sold, equity earnings of unconsolidated affiliates, net gain (loss) on sales of business, interest expense and other miscellaneous income or expense items. + References No definition available. + Details
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