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Summary of Significant Accounting Policies - Schedule of Adjustments for Adoption of ASU 2019-05 (Details) - USD ($)
$ in Thousands
Jan. 01, 2020
Dec. 31, 2019
Dec. 31, 2018
New Accounting Pronouncements or Change in Accounting Principle [Line Items]      
Investments in unconsolidated entities $ 107,477 $ 189,965 $ 73,466
Preferred equity and mezzanine loan investments 182,465 180,045 165,555
Receivables and other assets 3,620 169,214 114,821
Total Assets 502,033 23,483,369 [1] 14,737,638 [1]
Accumulated deficit (136,579) (148,863) (103,178)
Total Stockholders' Equity (136,579) 2,205,733 1,179,389
Distressed and other residential mortgage loans, net      
New Accounting Pronouncements or Change in Accounting Principle [Line Items]      
Distressed and other residential mortgage loans, net 208,471 202,756 $ 285,261
ASU 2019-05      
New Accounting Pronouncements or Change in Accounting Principle [Line Items]      
Investments in unconsolidated entities 1,394    
Preferred equity and mezzanine loan investments 2,420    
Receivables and other assets 2,755    
Total Assets 12,284    
Accumulated deficit 12,284    
Total Stockholders' Equity 12,284    
ASU 2019-05 | Distressed and other residential mortgage loans, net      
New Accounting Pronouncements or Change in Accounting Principle [Line Items]      
Distressed and other residential mortgage loans, net $ 5,715    
Previously Reported      
New Accounting Pronouncements or Change in Accounting Principle [Line Items]      
Investments in unconsolidated entities   106,083  
Preferred equity and mezzanine loan investments   180,045  
Receivables and other assets   865  
Total Assets   489,749  
Accumulated deficit   (148,863)  
Total Stockholders' Equity   (148,863)  
Previously Reported | Distressed and other residential mortgage loans, net      
New Accounting Pronouncements or Change in Accounting Principle [Line Items]      
Distressed and other residential mortgage loans, net   $ 202,756  
[1]
Our consolidated balance sheets include assets and liabilities of consolidated variable interest entities (“VIEs”) as the Company is the primary beneficiary of these VIEs. As of December 31, 2019 and December 31, 2018, assets of consolidated VIEs totaled $19,270,384 and $11,984,374, respectively, and the liabilities of consolidated VIEs totaled $17,878,314 and $11,191,736, respectively. See Note 9 for further discussion.