XML 81 R16.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Other Assets and Other Liabilities | 3 Months Ended
--- | ---
Mar. 31, 2014
Other Assets and Other Liabilities [Abstract] |
Other Assets and Other Liabilities | Other Assets and Other Liabilities Deferred expenses and other assets, net, consist of the following items ($ in thousands):
| As of
| March 31, 2014 |  | December 31, 2013
Intangible assets, net(1) | $ | 60,014 |  |  | $ | 100,652 |
Other receivables | 25,939 |  |  | 34,655 |
Deferred financing fees, net(2) | 31,048 |  |  | 33,591 |
Leasing costs, net(3) | 22,240 |  |  | 21,799 |
Corporate furniture, fixtures and equipment, net(4) | 6,190 |  |  | 6,557 |
Other assets | 41,189 |  |  | 40,726 |
Deferred expenses and other assets, net | $ | 186,620 |  |  | $ | 237,980 |
Explanatory Notes: _______________________________________________________________________________
(1) | Intangible assets, net are primarily related to the acquisition of real estate assets. Accumulated amortization on intangible assets was $34.6 million and $38.1 million as of March 31, 2014 and December 31, 2013, respectively. The amortization of above market leases decreased operating lease income on the Company's Consolidated Statements of Operations by $2.3 million and $1.6 million for the three months ended March 31, 2014 and 2013, respectively. The amortization expense for other intangible assets was $2.5 million and $2.5 million for the three months ended March 31, 2014 and 2013, respectively. These amounts are included in “Depreciation and amortization” on the Company's Consolidated Statements of Operations.
(2) | Accumulated amortization on deferred financing fees was $11.5 million and $9.9 million as of March 31, 2014 and December 31, 2013, respectively.
(3) | Accumulated amortization on leasing costs was $7.0 million and $7.1 million as of March 31, 2014 and December 31, 2013, respectively.
(4) | Accumulated depreciation on corporate furniture, fixtures and equipment was $6.4 million and $6.2 million as of March 31, 2014 and December 31, 2013, respectively.
Accounts payable, accrued expenses and other liabilities consist of the following items ($ in thousands):
| As of
| March 31, 2014 |  | December 31, 2013
Accrued expenses | $ | 31,230 |  |  | $ | 58,840 |
Accrued interest payable | 29,378 |  |  | 40,015 |
Intangible liabilities, net(1) | 13,619 |  |  | 26,223 |
Other liabilities | 37,968 |  |  | 45,753 |
Accounts payable, accrued expenses and other liabilities | $ | 112,195 |  |  | $ | 170,831 |
Explanatory Note: _______________________________________________________________________________
(1) | Intangible liabilities, net are primarily related to the acquisition of real estate assets. Accumulated amortization on intangible liabilities was $4.5 million and $4.6 million as of March 31, 2014 and December 31, 2013, respectively. The amortization of intangible liabilities increased operating lease income on the Company's Consolidated Statements of Operations by $0.7 million and $1.1 million for the three months ended March 31, 2014 and 2013, respectively.
Deferred tax assets and liabilities of the Company's TRS entities were as follows ($ in thousands):
| As of
| March 31, 2014 |  | December 31, 2013
Deferred tax assets(1) | $ | 56,801 |  |  | $ | 55,962 |
Valuation allowance | (56,801 | ) |  | (55,962 | )
Net deferred tax assets (liabilities) | $ | — |  |  | $ | — |
Explanatory Note: _______________________________________________________________________________
(1) | Deferred tax assets as of March 31, 2014 include real estate basis differences of $33.3 million, net operating loss carryforwards of $16.0 million and investment basis differences of $7.5 million. Deferred tax assets as of December 31, 2013 include real estate basis differences of $33.0 million, net operating loss carryforwards of $14.9 million and investment basis differences of $8.1 million.

X
- Details
Name: | star_OtherAssetsAndOtherLiabilitiesAbstract
Namespace Prefix: | star_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition This element may be used as a single block of text to encapsulate the entire disclosure for other assets and other liabilities including data and tables. + References No definition available. + Details
Name: | star_OtherAssetsAndOtherLiabilitiesDisclosureTextBlock
Namespace Prefix: | star_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration