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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
NET INTEREST INCOME:    
Interest income $ 58,501 $ 50,039
Interest expense 28,622 19,699
Total net interest income 29,879 30,340
NON-INTEREST (LOSS) INCOME:    
Realized gains, net 3,806 7,058
Unrealized (losses) gains, net (83,659) 26,166
Income from equity investments 6,053 3,399
Income from real estate 25,589 1,495
Other loss 1,427 1,602
Total non-interest (loss) income (46,784) 39,720
GENERAL, ADMINISTRATIVE AND OPERATING EXPENSES:    
General and administrative expenses 14,358 11,441
Expenses related to real estate 47,989 2,924
Portfolio operating expenses 9,489 4,830
Total general, administrative and operating expenses 71,836 19,195
(LOSS) INCOME FROM OPERATIONS BEFORE INCOME TAXES (88,741) 50,865
Income tax (benefit) expense (22) 66
NET (LOSS) INCOME (88,719) 50,799
Net loss attributable to non-controlling interest in consolidated variable interest entities 14,869 1,409
NET (LOSS) INCOME ATTRIBUTABLE TO COMPANY (73,850) 52,208
Preferred stock dividends (10,493) (10,297)
NET (LOSS) INCOME ATTRIBUTABLE TO COMPANY'S COMMON STOCKHOLDERS $ (84,343) $ 41,911
Basic (loss) earnings per common share (in dollars per share) $ (0.22) $ 0.11
Diluted (loss) earnings per common share (in dollars per share) $ (0.22) $ 0.11
Weighted average shares outstanding-basic (in shares) 380,795 378,881
Weighted average shares outstanding-diluted (in shares) 380,795 380,815