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Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
 12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Revenues:      
Operating lease income $ 243,100us-gaap_OperatingLeasesIncomeStatementLeaseRevenue $ 234,567us-gaap_OperatingLeasesIncomeStatementLeaseRevenue $ 216,291us-gaap_OperatingLeasesIncomeStatementLeaseRevenue
Interest income 122,704us-gaap_InterestAndFeeIncomeLoansCommercial 108,015us-gaap_InterestAndFeeIncomeLoansCommercial 133,410us-gaap_InterestAndFeeIncomeLoansCommercial
Other income 81,033us-gaap_OtherIncome 48,208us-gaap_OtherIncome 47,838us-gaap_OtherIncome
Land sales revenue 15,191us-gaap_LandSales 0us-gaap_LandSales 0us-gaap_LandSales
Total revenues 462,028us-gaap_Revenues 390,790us-gaap_Revenues 397,539us-gaap_Revenues
Costs and expenses:      
Interest expense 224,483us-gaap_InterestExpense 266,225us-gaap_InterestExpense 355,097us-gaap_InterestExpense
Real estate expense 163,389star_CostOfRealEstateHeldForSaleAndOtherRealEstateOwned 157,441star_CostOfRealEstateHeldForSaleAndOtherRealEstateOwned 151,458star_CostOfRealEstateHeldForSaleAndOtherRealEstateOwned
Land cost of sales 12,840star_CostsofLandSales 0star_CostsofLandSales 0star_CostsofLandSales
Depreciation and amortization 73,571us-gaap_DepreciationAndAmortization 71,266us-gaap_DepreciationAndAmortization 68,770us-gaap_DepreciationAndAmortization
General and administrative 88,806us-gaap_GeneralAndAdministrativeExpense 92,114us-gaap_GeneralAndAdministrativeExpense 80,856us-gaap_GeneralAndAdministrativeExpense
Provision for (recovery of) loan losses (1,714)us-gaap_ProvisionForLoanLossesExpensed [1] 5,489us-gaap_ProvisionForLoanLossesExpensed [1] 81,740us-gaap_ProvisionForLoanLossesExpensed [1]
Impairment of assets 34,634us-gaap_AssetImpairmentCharges 12,589us-gaap_AssetImpairmentCharges 13,778us-gaap_AssetImpairmentCharges
Other expense 5,821us-gaap_OtherExpenses 8,050us-gaap_OtherExpenses 17,266us-gaap_OtherExpenses
Total costs and expenses 601,830us-gaap_CostsAndExpenses 613,174us-gaap_CostsAndExpenses 768,965us-gaap_CostsAndExpenses
Income (loss) before earnings from equity method investments and other items (139,802)star_IncomeLossFromContinuingOperationsBeforeIncomeLossFromEquityMethodInvestmentsAndOtherItems (222,384)star_IncomeLossFromContinuingOperationsBeforeIncomeLossFromEquityMethodInvestmentsAndOtherItems (371,426)star_IncomeLossFromContinuingOperationsBeforeIncomeLossFromEquityMethodInvestmentsAndOtherItems
Loss on early extinguishment of debt, net (25,369)us-gaap_GainsLossesOnExtinguishmentOfDebt (33,190)us-gaap_GainsLossesOnExtinguishmentOfDebt (37,816)us-gaap_GainsLossesOnExtinguishmentOfDebt
Earnings from equity method investments 94,905us-gaap_IncomeLossFromEquityMethodInvestments 41,520us-gaap_IncomeLossFromEquityMethodInvestments 103,009us-gaap_IncomeLossFromEquityMethodInvestments
Loss on transfer of interest to unconsolidated subsidiary 0star_GainLossonTransfertoUnconsolidatedSubsidiary (7,373)star_GainLossonTransfertoUnconsolidatedSubsidiary 0star_GainLossonTransfertoUnconsolidatedSubsidiary
Income (loss) from continuing operations before income taxes (70,266)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest (221,427)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest (306,233)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax (expense) benefit (3,912)us-gaap_IncomeTaxExpenseBenefit 659us-gaap_IncomeTaxExpenseBenefit (8,445)us-gaap_IncomeTaxExpenseBenefit
Income (loss) from continuing operations (74,178)us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest [2] (220,768)us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest [2] (314,678)us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest [2]
Income (loss) from discontinued operations 0us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax 644us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax (17,481)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax
Gain from discontinued operations 0us-gaap_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax 22,233us-gaap_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax 27,257us-gaap_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
Income from sales of real estate 89,943us-gaap_GainLossOnSaleOfProperties 86,658us-gaap_GainLossOnSaleOfProperties 63,472us-gaap_GainLossOnSaleOfProperties
Net income (loss) 15,765us-gaap_ProfitLoss (111,233)us-gaap_ProfitLoss (241,430)us-gaap_ProfitLoss
Net (income) loss attributable to noncontrolling interests 704us-gaap_NetIncomeLossAttributableToNoncontrollingInterest (718)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 1,500us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
Net income (loss) attributable to iStar Financial Inc. 16,469us-gaap_NetIncomeLoss (111,951)us-gaap_NetIncomeLoss (239,930)us-gaap_NetIncomeLoss
Preferred dividends (51,320)us-gaap_PreferredStockDividendsIncomeStatementImpact (49,020)us-gaap_PreferredStockDividendsIncomeStatementImpact (42,320)us-gaap_PreferredStockDividendsIncomeStatementImpact
Net (income) loss allocable to HPU holders and Participating Security holders 1,129star_NetIncomeLossAvailableToHpuHoldersAndParticipatingSecurityHoldersBasic [3],[4] 5,202star_NetIncomeLossAvailableToHpuHoldersAndParticipatingSecurityHoldersBasic [3],[4] 9,253star_NetIncomeLossAvailableToHpuHoldersAndParticipatingSecurityHoldersBasic [3],[4]
Net income (loss) allocable to common shareholders $ (33,722)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ (155,769)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ (272,997)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
Per common share data:      
Income (loss) attributable to iStar Financial Inc. from continuing operations—Basic and diluted (in dollars per share) $ (0.40)us-gaap_IncomeLossFromContinuingOperationsPerBasicAndDilutedShare [2] $ (2.09)us-gaap_IncomeLossFromContinuingOperationsPerBasicAndDilutedShare [2] $ (3.37)us-gaap_IncomeLossFromContinuingOperationsPerBasicAndDilutedShare [2]
Net income (loss) attributable to iStar Financial Inc.—Basic and diluted (in dollars per share) $ (0.40)us-gaap_EarningsPerShareBasicAndDiluted [2] $ (1.83)us-gaap_EarningsPerShareBasicAndDiluted [2] $ (3.26)us-gaap_EarningsPerShareBasicAndDiluted [2]
Weighted average number of common shares—Basic and diluted 85,031us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted [2] 84,990us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted [2] 83,742us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted [2]
Per HPU share data:      
Income (loss) attributable to iStar Financial Inc. from continuing operations—Basic and diluted (in dollars per share) $ (75.27)star_IncomeLossFromContinuingOperationsPerHPUBasicandDilutedShare [2],[3] $ (396.07)star_IncomeLossFromContinuingOperationsPerHPUBasicandDilutedShare [2],[3] $ (638.27)star_IncomeLossFromContinuingOperationsPerHPUBasicandDilutedShare [2],[3]
Net income (loss) attributable to iStar Financial Inc.—Basic and diluted (in dollars per share) $ (75.27)star_EarningsPerHPUShareBasicandDiluted [2],[3] $ (346.80)star_EarningsPerHPUShareBasicandDiluted [2],[3] $ (616.87)star_EarningsPerHPUShareBasicandDiluted [2],[3]
Weighted average High Performance Units outstanding for basic and diluted earnings per share 15star_WeightedAverageNumberOfHpuSharesOutstandingBasicAndDiluted [2],[3] 15star_WeightedAverageNumberOfHpuSharesOutstandingBasicAndDiluted [2],[3] 15star_WeightedAverageNumberOfHpuSharesOutstandingBasicAndDiluted [2],[3]
[1] For the years ended December 31, 2014, 2013 and 2012, the provision for loan losses includes recoveries of previously recorded loan loss reserves of $10.1 million, $63.1 million and $4.6 million, respectively.
[2] Income (loss) from continuing operations attributable to iStar Financial Inc. was $(73.5) million, $(221.5) million and $(313.2) million for the years ended December 31, 2014, 2013 and 2012, respectively. See Note 13 for details on the calculation of earnings per share.
[3] HPU holders are current and former Company employees who purchased high performance common stock units under the Company's High Performance Unit Program.
[4] Participating Security holders are non-employee directors who hold common stock equivalents granted under the Company's Long Term Incentive Plans that are eligible to participate in dividends (see Note 12 and Note 13).