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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
NET INTEREST INCOME:    
Interest income $ 50,039 $ 210,613
Interest Expense 19,699 163,531
Total net interest income 30,340 47,082
NON-INTEREST INCOME (LOSS):    
Realized gains (losses), net 7,058 (147,918)
Realized loss on de-consolidation of Consolidated K-Series 0 (54,118)
Unrealized gains (losses), net 26,166 (396,780)
Income from equity investments 3,399 494
Impairment of goodwill 0 (25,222)
Other income 3,097 1,541
Total non-interest income (loss) 39,720 (622,003)
GENERAL, ADMINISTRATIVE AND OPERATING EXPENSES:    
General and administrative expenses 11,441 10,652
Operating expenses 7,754 3,233
Total general, administrative and operating expenses 19,195 13,885
INCOME (LOSS) FROM OPERATIONS BEFORE INCOME TAXES 50,865 (588,806)
Income tax expense (benefit) 66 (239)
NET INCOME (LOSS) 50,799 (588,567)
Net loss attributable to non-controlling interest in consolidated variable interest entities 1,409 184
NET INCOME (LOSS) ATTRIBUTABLE TO COMPANY 52,208 (588,383)
Preferred stock dividends (10,297) (10,297)
NET INCOME (LOSS) ATTRIBUTABLE TO COMPANY'S COMMON STOCKHOLDERS $ 41,911 $ (598,680)
Basic earnings (loss) per common share (in dollars per share) $ 0.11 $ (1.71)
Diluted earnings (loss) per common share (in dollars per share) $ 0.11 $ (1.71)
Weighted average shares outstanding-basic (in shares) 378,881 350,912
Weighted average shares outstanding-diluted (in shares) 380,815 350,912