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Earnings Per Share (Schedule of Earnings Per Share) (Details) (USD $)
In Thousands, except Per Share data, unless otherwise specified

3 Months Ended

Mar. 31, 2014

Mar. 31, 2013

Reconciliation of income (loss) from continuing operations used in the basic and diluted EPS calculations

Income (loss) from continuing operations

$ (30,671)

^[1]

$ (62,240)

^[1]

Net (income) loss attributable to noncontrolling interests

(454)

189

Income from sales of residential property

16,494

23,697

Preferred dividends

(12,830)

(10,580)

Income (loss) from continuing operations attributable to iStar Financial Inc. and allocable to common shareholders, HPU holders and Participating Security Holders

(27,461)

(48,934)

Numerator for basic and diluted earnings per share:

Gain from discontinued operations

0

5,044

Net income (loss) allocable to common shareholders

(26,572)

(41,263)

Denominator for basic and diluted earnings per share:

Weighted average number of common shares—basic and diluted

84,819

^[1]

84,824

^[1]

Weighted average number of HPU shares—basic and diluted

15

^[1],[2]

15

^[1],[2]

Basic and diluted earnings per common share:

Income (loss) from continuing operations attributable to iStar Financial Inc. and allocable to common shareholders (in dollars per share)

$ (0.31)

^[1]

$ (0.56)

^[1]

Net income (loss) attributable to iStar Financial Inc. and allocable to common shareholders/HPU holders (in dollars per share)

$ (0.31)

^[1]

$ (0.49)

^[1]

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

(26,572)

(47,350)

Income (loss) from discontinued operations

0

1,206

Gain from discontinued operations

0

4,881

Net income (loss) allocable to common shareholders

(26,572)

(41,263)

Denominator for basic and diluted earnings per share:

Weighted average number of common shares—basic and diluted

84,819

84,824

Basic and diluted earnings per common share:

Income (loss) from continuing operations attributable to iStar Financial Inc. and allocable to common shareholders (in dollars per share)

$ (0.31)

$ (0.56)

Income (loss) from discontinued operations (in dollars per share)

$ 0.00

$ 0.01

Gain from discontinued operations (in dollars per share)

$ 0.00

$ 0.06

Net income (loss) attributable to iStar Financial Inc. and allocable to common shareholders/HPU holders (in dollars per share)

$ (0.31)

$ (0.49)

HPU's

Numerator for basic and diluted earnings per share:

Income (loss) from continuing operations attributable to iStar Financial Inc. and allocable to HPU holders

(889)

(1,584)

Income (loss) from discontinued operations

0

40

Gain from discontinued operations

0

163

Net income (loss) allocable to common shareholders

$ (889)

$ (1,381)

Denominator for basic and diluted earnings per share:

Weighted average number of HPU shares—basic and diluted

15

15

Basic and diluted earnings per common share:

Income (loss) from continuing operations attributable to iStar Financial Inc. and allocable to common shareholders (in dollars per share)

$ (59.27)

$ (105.61)

Income (loss) from discontinued operations (in dollars per share)

$ 0.00

$ 2.67

Gain from discontinued operations (in dollars per share)

$ 0.00

$ 10.87

Net income (loss) attributable to iStar Financial Inc. and allocable to common shareholders/HPU holders (in dollars per share)

$ (59.27)

$ (92.07)

[1]	Income (loss) from continuing operations attributable to iStar Financial Inc. for the three months ended March 31, 2014 and 2013 was $(31.3) million and $(62.1) million, respectively. See Note 13 for details on the calculation of earnings per share.
[2]	HPU holders are current and former Company employees who purchased high performance common stock units under the Company's High Performance Unit Program.

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