| Disposal Groups, Including Discontinued Operations [Table Text Block] |
Summarized financial information for the discontinued operations are presented below.
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November 1,
2017 |
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December 31,
2016 |
Assets: |
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Commercial real estate assets |
$ |
2,233,080 |
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|
$ |
1,412,543 |
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Available-for-sale securities, at fair value |
12,814 |
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|
12,686 |
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Cash and cash equivalents |
84,183 |
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|
56,019 |
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Restricted cash |
2,838 |
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|
260 |
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Accrued interest receivable |
6,588 |
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|
3,745 |
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Due from counterparties |
— |
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|
249 |
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Other assets |
22,774 |
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|
10,105 |
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Total Assets |
$ |
2,362,277 |
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$ |
1,495,607 |
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Liabilities: |
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Repurchase agreements |
$ |
1,516,294 |
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$ |
451,167 |
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Dividends payable |
48 |
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|
— |
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Other liabilities |
10,337 |
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|
1,357 |
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Total Liabilities |
$ |
1,526,679 |
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$ |
452,524 |
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Year Ended |
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December 31, |
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2017 |
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2016 |
|
2015 |
Interest income: |
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Commercial real estate assets |
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$ |
92,153 |
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$ |
59,819 |
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$ |
9,055 |
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Available-for-sale securities |
|
857 |
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|
1,002 |
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84 |
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Other |
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11 |
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7 |
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— |
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Total interest income |
|
93,021 |
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|
60,828 |
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|
9,139 |
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Interest expense |
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31,372 |
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|
11,029 |
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|
477 |
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Net interest income |
|
61,649 |
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|
49,799 |
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|
8,662 |
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Other income |
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— |
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|
203 |
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|
195 |
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Expenses: |
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Management fees |
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7,717 |
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7,173 |
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|
1,178 |
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Servicing expenses |
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1,090 |
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|
605 |
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|
73 |
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Other operating expenses |
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8,699 |
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|
6,878 |
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|
7,398 |
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Total expenses |
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17,506 |
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14,656 |
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|
8,649 |
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Income from discontinued operations before income taxes |
|
44,143 |
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|
35,346 |
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|
208 |
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(Benefit from) provision for income taxes |
|
(3 |
) |
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(11 |
) |
|
70 |
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Income from discontinued operations |
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44,146 |
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|
35,357 |
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|
138 |
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Income from discontinued operations attributable to noncontrolling interest |
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3,814 |
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— |
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— |
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Income from discontinued operations attributable to common stockholders |
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$ |
40,332 |
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$ |
35,357 |
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$ |
138 |
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