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Summary of Significant Accounting Policies (Tables) | 12 Months Ended
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Dec. 31, 2019
Accounting Policies [Abstract] |
Schedule of Adjustments for Adoption of ASU 2016-13 Applying the Fair Value Option Under ASU 2019-05 | The following table presents the balances at December 31, 2019, the transition adjustments, and the balances at January 1, 2020 for those balance sheet line items impacted by the implementation of ASU 2019-05 (dollar amounts in thousands):
| December 31, 2019 |  | Transition Adjustment |  | January 1, 2020
Assets |  |  |  |  |
Distressed and other residential mortgage loans, net | $ | 202,756 |  |  | $ | 5,715 |  |  | $ | 208,471 |
Investments in unconsolidated entities | 106,083 |  |  | 1,394 |  |  | 107,477 |
Preferred equity and mezzanine loan investments | 180,045 |  |  | 2,420 |  |  | 182,465 |
Receivables and other assets | 865 |  |  | 2,755 |  |  | 3,620 |
Total Assets | $ | 489,749 |  |  | $ | 12,284 |  |  | $ | 502,033 |
Stockholders' Equity |  |  |  |  |  |
Accumulated deficit | $ | (148,863 | ) |  | $ | 12,284 |  |  | $ | (136,579 | )
Total Stockholders' Equity | $ | (148,863 | ) |  | $ | 12,284 |  |  | $ | (136,579 | )
The Company also assessed the impact of ASU 2016-13 on the Company’s investment securities, available for sale where the fair value option has not been elected and determined that the adoption of the standard would not have a material effect on our financial statements as of January 1, 2020.

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