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Earnings Per Share (Tables)
 12 Months Ended
Dec. 31, 2013
Earnings Per Share [Abstract]  
Reconciliation of income (loss) from continuing operations used in the basic and diluted EPS calculations
The following table presents a reconciliation of income (loss) from continuing operations used in the basic and diluted earnings per share calculations ($ in thousands, except for per share data):

 
 
For the Years Ended December 31,
 
 
2013
 
2012
 
2011
Income (loss) from continuing operations
 
$
(220,768
)
 
$
(314,678
)
 
$
(51,010
)
Net (income) loss attributable to noncontrolling interests
 
(718
)
 
1,500

 
3,629

Income from sales of residential property
 
86,658

 
63,472

 
5,721

Preferred dividends
 
(49,020
)
 
(42,320
)
 
(42,320
)
Income (loss) from continuing operations attributable to iStar Financial Inc. and allocable to common shareholders, HPU holders and Participating Security Holders
 
$
(183,848
)
 
$
(292,026
)
 
$
(83,980
)
Schedule of earnings per share allocable to common shares and HPU shares
 
For the Years Ended December 31,
 
2013
 
2012
 
2011
Earnings allocable to common shares:
 
 
 
 
 
Numerator for basic and diluted earnings per share:
 
 
 
 
 
Income (loss) from continuing operations attributable to iStar Financial Inc. and allocable to common shareholders
$
(177,907
)
 
$
(282,452
)
 
$
(81,375
)
Income (loss) from discontinued operations
623

 
(16,908
)
 
(5,343
)
Gain from discontinued operations
21,515

 
26,363

 
24,331

Net income (loss) attributable to iStar Financial Inc. and allocable to common shareholders
$
(155,769
)
 
$
(272,997
)
 
$
(62,387
)
Denominator for basic and diluted earnings per share:
 
 
 
 
 
Weighted average common shares outstanding for basic and diluted earnings per common share
84,990

 
83,742

 
88,688

Basic and diluted earnings per common share:
 
 
 
 
 
Income (loss) from continuing operations attributable to iStar Financial Inc. and allocable to common shareholders
$
(2.09
)
 
$
(3.37
)
 
$
(0.91
)
Income (loss) from discontinued operations
0.01

 
(0.20
)
 
(0.06
)
Gain from discontinued operations
0.25

 
0.31

 
0.27

Net income (loss) attributable to iStar Financial Inc. and allocable to common shareholders
$
(1.83
)
 
$
(3.26
)
 
$
(0.70
)


 
For the Years Ended December 31,
 
2013
 
2012
 
2011
Earnings allocable to High Performance Units:
 
 
 
 
 
Numerator for basic and diluted earnings per HPU share:
 
 
 
 
 
Income (loss) from continuing operations attributable to iStar Financial Inc. and allocable to HPU holders
$
(5,941
)
 
$
(9,574
)
 
$
(2,605
)
Income (loss) from discontinued operations
21

 
(573
)
 
(171
)
Gain from discontinued operations
718

 
894

 
779

Net income (loss) attributable to iStar Financial Inc. and allocable to HPU holders
$
(5,202
)
 
$
(9,253
)
 
$
(1,997
)
Denominator for basic and diluted earnings per HPU share:
 
 
 
 
 
Weighted average High Performance Units outstanding for basic and diluted earnings per share
15

 
15

 
15

Basic and diluted earnings per HPU share:
 
 
 
 
 
Income (loss) from continuing operations attributable to iStar Financial Inc. and allocable to HPU holders
$
(396.07
)
 
$
(638.27
)
 
$
(173.66
)
Income (loss) from discontinued operations
1.40

 
(38.20
)
 
(11.40
)
Gain from discontinued operations
47.87

 
59.60

 
51.93

Net income (loss) attributable to iStar Financial Inc. and allocable to HPU holders
$
(346.80
)
 
$
(616.87
)
 
$
(133.13
)
Schedule of anti-dilutive shares
For the years ended December 31, 2013, 2012 and 2011 the following shares were anti-dilutive ($ in thousands):

 
For the Years Ended December 31,
 
2013
 
2012
 
2011
Joint venture shares
298

 
298

 
298

Stock options
—

 
—

 
44

3.00% convertible senior unsecured notes
16,992

 
—

 
—

Series J convertible perpetual preferred stock
15,635

 
—

 
—

1.50% convertible senior unsecured notes
11,567

 
—

 
—