v3.22.2.2
Assets and Liabilities Related to Real Estate Owned - Narrative (Details) - USD ($)
$ in Thousands
1 Months Ended 3 Months Ended 9 Months Ended 12 Months Ended
Aug. 03, 2022
Jun. 29, 2021
May 24, 2021
Dec. 31, 2020
Sep. 30, 2022
Jun. 30, 2022
Sep. 30, 2021
Jun. 30, 2021
Mar. 31, 2020
Sep. 30, 2022
Sep. 30, 2021
Dec. 31, 2020
Dec. 31, 2021
Mar. 31, 2021
Dec. 31, 2017
Dec. 31, 2015
Jun. 30, 2015
Debt Securities, Available-for-sale [Line Items]                                  
Real estate held-for-sale, impairment                           $ 600      
Total carrying value, net $ 226,500       $ 8,731,306         $ 8,731,306     $ 7,857,260        
Debt related to real estate owned, held for investment, net (net of deferred financing costs of $4,857 in 2022)         159,978         159,978     0        
Specific CECL Allowance, net     $ 10,000   (53,000) $ (10,000)   $ 20,000   (26,000) $ (30,000)            
Realized loss on investments         (43,577)   $ 0     (43,577) $ 20,000            
Real estate investment property, net 270,100                                
Realized investment gain 43,600                                
Debt instrument, covenant, unencumbered liquidity, threshold         100,000         100,000              
Debt Instrument, Covenant, Net Worth Threshold         600,000         $ 600,000              
Secured Overnight Financing Rate                                  
Debt Securities, Available-for-sale [Line Items]                                  
Interest rate for repurchase facility                   2.55%              
Letter of Credit                                  
Debt Securities, Available-for-sale [Line Items]                                  
Maximum amount of borrowings         388,400         $ 388,400              
JV Partner                                  
Debt Securities, Available-for-sale [Line Items]                                  
Financing receivable, loan in process $ 164,800                                
JV Partner | Joint venture                                  
Debt Securities, Available-for-sale [Line Items]                                  
Equity method investment, ownership percentage 100.00%                                
Senior Mezzanine Loans                                  
Debt Securities, Available-for-sale [Line Items]                                  
Total carrying value, net         187,100         187,100              
Subordinate Mortgage Portfolio Segment                                  
Debt Securities, Available-for-sale [Line Items]                                  
Total carrying value, net [1],[2]         717,837         717,837     844,948        
Subordinate Mortgage Portfolio Segment | Mezzanine Loans                                  
Debt Securities, Available-for-sale [Line Items]                                  
Specific CECL Allowance, net                 $ 10,000                
Commercial Mortgage and Subordinated Portfolio Segment                                  
Debt Securities, Available-for-sale [Line Items]                                  
Total carrying value, net         $ 206,800         $ 206,800     $ 97,800        
Specific CECL Allowance, net             $ 0                    
Realized loss on investments               20,000                  
Hotel - Anaheim, CA | Subordinate Mortgage Portfolio Segment                                  
Debt Securities, Available-for-sale [Line Items]                                  
Debt related to real estate owned, held for sale                             $ 33,000    
Specific CECL allowance (reversal), net of previously recorded amount       $ 2,400                          
Hotel - Washington D.C.                                  
Debt Securities, Available-for-sale [Line Items]                                  
Specific CECL Allowance, net               10,000                  
Hotel - Washington D.C. | Junior Mezzanine Loans                                  
Debt Securities, Available-for-sale [Line Items]                                  
Total carrying value, net                             $ 20,000   $ 20,000
Hotel - Washington D.C. | Senior Mezzanine Loans                                  
Debt Securities, Available-for-sale [Line Items]                                  
Total carrying value, net                                 24,500
Payments to acquire mortgage notes receivable     24,500                            
Hotel - Washington D.C. | Subordinate Mortgage Portfolio Segment                                  
Debt Securities, Available-for-sale [Line Items]                                  
Debt related to real estate owned, held for investment, net (net of deferred financing costs of $4,857 in 2022)     $ 110,000                           $ 110,000
Payments for mortgage loans   $ 110,000                              
Multifamily Development - Brooklyn, NY | Subordinate Mortgage Portfolio Segment                                  
Debt Securities, Available-for-sale [Line Items]                                  
Debt related to real estate owned, held for investment, net (net of deferred financing costs of $4,857 in 2022)                               $ 122,200  
Specific CECL Allowance, net                       $ 30,000          
Multifamily Development - Brooklyn, NY | Commercial Mortgage and Subordinated Portfolio Segment                                  
Debt Securities, Available-for-sale [Line Items]                                  
Specific CECL allowance (reversal), net of previously recorded amount           (3,000)                      
Specific CECL Allowance, net           $ 10,000   $ (20,000)                  
[1] Includes $187,138 and $0 pledged as collateral under secured debt arrangements in 2022 and 2021, respectively.
[2] Net of $140,985 and $178,588 CECL Allowances in 2022 and 2021, respectively, comprised of $119,000 and $145,000 Specific CECL Allowance and $21,985 and $33,588 General CECL Allowance, respectively.