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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
ASSETS    
Real estate, at cost $ 2,969,113 $ 3,145,563
Less: accumulated depreciation (478,575) (468,849)
Real estate, net 2,490,538 2,676,714
Real estate available and held for sale [1] 296,591 285,982
Total real estate 2,787,129 2,962,696
Loans receivable and other lending investments, net [2] 1,585,399 1,377,843
Other investments 290,519 354,119
Cash and cash equivalents 656,742 472,061
Accrued interest and operating lease income receivable, net 15,533 16,367
Deferred operating lease income receivable, net 98,076 98,262
Deferred expenses and other assets, net 209,397 181,785
Total assets 5,642,795 5,463,133
Liabilities:    
Accounts payable, accrued expenses and other liabilities 190,029 180,902
Loan Participations Payable, net 148,163 0
Debt obligations, net [3] 4,144,817 4,022,684
Total liabilities 4,483,009 4,203,586
Commitments and contingencies (refer to Note 10) 0 0
Redeemable noncontrolling interests (refer to Note 4) 11,577 11,199
iStar Inc. shareholders' equity:    
High Performance Units (refer to Note 12) 0 9,800
Common Stock, $0.001 par value, 200,000 shares authorized, 147,463 issued and 85,179 outstanding as of September 30, 2015 and 145,807 issued and 85,191 outstanding as of December 31, 2014 147 146
Additional paid-in capital 4,023,962 4,007,514
Retained earnings (deficit) (2,633,164) (2,556,469)
Accumulated other comprehensive income (loss) (refer to Note 12) (5,313) (971)
Treasury stock, at cost, $0.001 par value, 62,284 shares as of September 30, 2015 and 60,617 shares as of December 31, 2014 (283,256) (262,954)
Total iStar Inc. shareholders' equity 1,102,402 1,197,092
Noncontrolling interests 45,807 51,256
Total equity 1,148,209 1,248,348
Total liabilities and equity 5,642,795 5,463,133
Series D, E, F, G and I Preferred Stock    
iStar Inc. shareholders' equity:    
Preferred Stock 22 22
Series J convertible perpetual preferred stock    
iStar Inc. shareholders' equity:    
Preferred Stock $ 4 $ 4
[1] As of September 30, 2015 and December 31, 2014, the Company had $132.8 million and $155.8 million, respectively, of residential properties available for sale in its operating properties portfolio.
[2] The Company's recorded investment in loans as of September 30, 2015 and December 31, 2014 includes accrued interest of $8.9 million and $7.0 million, respectively, which are included in "Accrued interest and operating lease income receivable, net" on the Company's consolidated balance sheets.
[3] The Company capitalized interest relating to development activities of $1.3 million and $4.0 million for the three and nine months ended September 30, 2015 and $1.4 million and $3.3 million for the three and nine months ended September 30, 2014.