XML 125 R112.htm IDEA: XBRL DOCUMENT v3.3.1.900
Quarterly Financial Information (Unaudited) (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2014
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Quarterly Financial Information [Line Items]                      
Revenue $ 172,025 $ 120,487 $ 109,185 $ 112,857 $ 109,950 $ 113,486 $ 129,843 $ 108,749 $ 514,554 $ 462,028 $ 390,790
Net income (loss) 19,974 5,958 (19,776) (12,313) (1,955) 35,491 (3,594) (14,177) (6,157) 15,765 (111,233)
Earnings per common share data:                      
Net income (loss) attributable to iStar Inc.                 $ (2,435) $ 16,469 $ (111,951)
Earnings per share, basic and diluted (in dollars per share) [1]                 $ (0.62) $ (0.40) $ (1.83)
Earnings per HPU share data:                      
Income (loss) attributable to iStar Inc. from continuing operations—basic and diluted (in dollars per share) [1]                 $ (0.62) $ (0.40) $ (2.09)
Weighted average number of HPU shares—basic and diluted [1],[2]                 9 15 15
Undistributed earnings (loss) allocated to participating securities, Basic 5         2          
Undistributed earnings (loss) allocated to participating securities, Diluted 5         2          
Common Stock                      
Earnings per common share data:                      
Earnings per share, basic and diluted (in dollars per share)                 $ (0.62) $ (0.40) $ (1.83)
Earnings per HPU share data:                      
Income (loss) attributable to iStar Inc. from continuing operations—basic and diluted (in dollars per share)                 (0.62) (0.40) (2.09)
HPU                      
Earnings per common share data:                      
Earnings per share, basic and diluted (in dollars per share)                 (120.00) (75.27) (346.80)
Earnings per HPU share data:                      
Income (loss) attributable to iStar Inc. from continuing operations—basic and diluted (in dollars per share)                 $ (120.00) $ (75.27) $ (396.07)
Weighted average number of HPU shares—basic and diluted                 9 15 15
Basic | Common Stock                      
Earnings per common share data:                      
Net income (loss) attributable to iStar Inc. $ 7,685 $ (6,072) $ (30,950) $ (22,553) $ (13,270) $ 22,327 $ (16,207) $ (26,572)      
Earnings per share, Basic (in dollars per share)         $ (0.16) $ 0.26 $ (0.19) $ (0.31)      
Weighted average number of shares, Basic 83,162 85,766 85,541 85,497 85,188 85,163 84,916 84,819      
Basic | HPU                      
Earnings per HPU share data:                      
Net income (loss) attributable to iStar Inc.         $ (442) $ 744 $ (542) $ (889)      
Earnings per share, Basic (in dollars per share)         $ (29.47) $ 49.60 $ (36.13) $ (59.27)      
Diluted | Common Stock                      
Earnings per common share data:                      
Net income (loss) attributable to iStar Inc. $ 7,684 $ (6,072) $ (30,950) $ (22,553) $ (13,270) $ 27,608 $ (16,207) $ (26,572)      
Earnings per share, Diluted (in dollars per share)         $ (0.16) $ 0.21 $ (0.19) $ (0.31)      
Weighted average number of shares, Diluted 83,581 85,766 85,541 85,497 85,188 130,160 84,916 84,819      
Diluted | HPU                      
Earnings per HPU share data:                      
Net income (loss) attributable to iStar Inc.         $ (442) $ 602 $ (542) $ (889)      
Earnings per share, Diluted (in dollars per share)         $ (29.47) $ 40.13 $ (36.13) $ (59.27)      
Basic and Diluted | Common Stock                      
Earnings per common share data:                      
Earnings per share, basic and diluted (in dollars per share) $ 0.09 $ (0.07) $ (0.36) $ (0.26)              
Earnings per HPU share data:                      
Net income (loss) attributable to iStar Inc. $ 0 $ (94) $ (1,027) $ (749)              
Income (loss) attributable to iStar Inc. from continuing operations—basic and diluted (in dollars per share) $ 0.00 $ (13.41) $ (68.47) $ (49.93)              
Basic and Diluted | HPU                      
Earnings per HPU share data:                      
Weighted average number of HPU shares—basic and diluted 0 7 15 15 15 15 15 15      
[1] Income (loss) from continuing operations attributable to iStar Inc. was $(96.3) million, $(73.5) million and $(221.5) million for the years ended December 31, 2015, 2014 and 2013, respectively. Refer to Note 15 for details on the calculation of earnings per share.
[2] All of the Company's outstanding High Performance Units ("HPUs") were repurchased and retired on August 13, 2015 (refer to Note 13)