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Other Investments (Tables) | 3 Months Ended
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Mar. 31, 2014
Schedule of Equity Method Investments [Line Items] |
Schedule of other investments and its proportionate share of results for equity method investments | The Company's other investments and its proportionate share of results from equity method investments were as follows ($ in thousands):
| Carrying Value as of |  | Equity in Earnings for the Three Months Ended March 31,
| March 31, 2014 |  | December 31, 2013 |  | 2014 |  | 2013
Real estate equity investments | $ | 82,546 |  |  | $ | 62,205 |  |  | $ | 245 |  |  | $ | 1,763 |
Other equity method investments | 46,605 |  |  | 45,954 |  |  | 1,036 |  |  | 1,753 |
Madison Funds | 45,520 |  |  | 67,782 |  |  | (402 | ) |  | 2,259 |
Oak Hill Funds | 20,810 |  |  | 21,366 |  |  | 2,298 |  |  | 1,157 |
LNR | — |  |  | — |  |  | — |  |  | 14,746 |
Total equity method investments | $ | 195,481 |  |  | $ | 197,307 |  |  | $ | 3,177 |  |  | $ | 21,678 |
Other | 9,616 |  |  | 9,902 |  |  |  |  |
Total other investments | $ | 205,097 |  |  | $ | 207,209 |  |  |  |  |
LNR Property LLC (LNR) |
Schedule of Equity Method Investments [Line Items] |
Schedule of other investments and its proportionate share of results for equity method investments | The following table reconciles the activity related to the Company's investment in LNR for the three months ended March 31, 2013 ($ in thousands):
| For the Three Months Ended March 31, 2013 |  |
Carrying value of LNR at beginning of period | $ | 205,773 |  |  |
Equity in earnings of LNR for the period | $ | 45,375 |  |  | (a)
Balance before other than temporary impairment | $ | 251,148 |  |  |
Other than temporary impairment | $ | (30,867 | ) |  | (b)
Carrying value of LNR at end of period | $ | 220,281 |  |  |
Schedule of summarized Income Statements | The following table represents investee level summarized financial information for LNR ($ in thousands)(1):
| For the Three Months Ended December 31,
| 2012
Income Statements |
Total revenue(2) | $ | 77,780 |
Income tax (expense) benefit | $ | (279 | )
Net income attributable to LNR | $ | 189,249 |
iStar's ownership percentage | 24 | %
iStar's equity in earnings from LNR(3) | $ | 45,375 |
Explanatory Notes: _______________________________________________________________________________
(1) | The Company recorded its investment in LNR, which was sold in April 2013, on a one quarter lag. Therefore, the amounts in the Company's financial statements for the three months ended March 31, 2013 were based on balances and results from LNR for the three months ended December 31, 2012.
(2) | LNR consolidates certain commercial mortgage-backed securities and collateralized debt obligation trusts that are considered VIEs (and for which it is the primary beneficiary), that have been included in the amounts presented above. For the three months ended December 31, 2012, total revenue presented above includes $29.3 million of servicing fee revenue that is eliminated upon consolidation of the VIE's at the LNR level. This income is then added back through consolidation at the LNR level as an adjustment to income allocable to noncontrolling entities and has no net impact on net income attributable to LNR.
(3) | During the three months ended March 31, 2013, the Company recorded an other than temporary impairment of $30.9 million.

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- Definition Tabular disclosure of equity method investments including, but not limited to, name of each investee or group of investments, percentage ownership, difference between recorded amount of an investment and the value of the underlying equity in the net assets, and summarized financial information. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6382943&loc=d3e33918-111571 + Details
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