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Quarterly Financial Information (Unaudited)
12 Months Ended
Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Information (Unaudited)
Quarterly Financial Information (Unaudited)
The following table sets forth the selected quarterly financial data for the Company ($ in thousands, except per share amounts).
 
 
For the Quarters Ended
 
 
December 31,
 
September 30,
 
June 30,
 
March 31,
2015:
 
 
 
 
 
 
 
 
Revenue
 
$
172,025

 
$
120,487

 
$
109,185

 
$
112,857

Net income (loss)
 
$
19,974

 
$
5,958

 
$
(19,776
)
 
$
(12,313
)
Earnings per common share data(1):
 
 
 
 
 
 
 
 
Net income (loss) attributable to iStar Inc.
 
 
 
 
 
 
 
 
Basic(2)
 
$
7,685

 
$
(6,072
)
 
$
(30,950
)
 
$
(22,553
)
Diluted(2)
 
$
7,684

 
$
(6,072
)
 
$
(30,950
)
 
$
(22,553
)
Earnings per share
 
 
 
 
 
 
 
 
Basic and diluted
 
$
0.09

 
$
(0.07
)
 
$
(0.36
)
 
$
(0.26
)
Weighted average number of common shares
 
 
 
 
 
 
 
 
Basic
 
83,162

 
85,766

 
85,541

 
85,497

Diluted
 
83,581

 
85,766

 
85,541

 
85,497

Earnings per HPU share data(1):
 
 
 
 
 
 
 
 
Net income (loss) attributable to iStar Inc.
 
 
 
 
 
 
 
 
Basic and diluted
 
$

 
$
(94
)
 
$
(1,027
)
 
$
(749
)
Earnings per share
 
 
 
 
 
 
 
 
Basic and diluted
 
$

 
$
(13.41
)
 
$
(68.47
)
 
$
(49.93
)
Weighted average number of HPU shares—basic and diluted
 

 
7

 
15

 
15

 
 
 
 
 
 
 
 
 
2014:
 
 
 
 
 
 
 
 
Revenue
 
$
109,950

 
$
113,486

 
$
129,843

 
$
108,749

Net income (loss)
 
$
(1,955
)
 
$
35,491

 
$
(3,594
)
 
$
(14,177
)
Earnings per common share data(1):
 
 
 
 
 
 
 
 
Net income (loss) attributable to iStar Inc.
 
 
 
 
 
 
 
 
Basic(2)
 
$
(13,270
)
 
$
22,327

 
$
(16,207
)
 
$
(26,572
)
Diluted(2)
 
$
(13,270
)
 
$
27,608

 
$
(16,207
)
 
$
(26,572
)
Earnings per share
 
 
 
 
 
 
 
 
Basic
 
$
(0.16
)
 
$
0.26

 
$
(0.19
)
 
$
(0.31
)
Diluted
 
$
(0.16
)
 
$
0.21

 
$
(0.19
)
 
$
(0.31
)
Weighted average number of common shares
 
 
 
 
 
 
 
 
Basic
 
85,188

 
85,163

 
84,916

 
84,819

Diluted
 
85,188

 
130,160

 
84,916

 
84,819

Earnings per HPU share data(1):
 
 
 
 
 
 
 
 
Net income (loss) attributable to iStar Inc.
 
 
 
 
 
 
 
 
Basic
 
$
(442
)
 
$
744

 
$
(542
)
 
$
(889
)
Diluted
 
$
(442
)
 
$
602

 
$
(542
)
 
$
(889
)
Earnings per share
 
 
 
 
 
 
 
 
Basic
 
$
(29.47
)
 
$
49.60

 
$
(36.13
)
 
$
(59.27
)
Diluted
 
$
(29.47
)
 
$
40.13

 
$
(36.13
)
 
$
(59.27
)
Weighted average number of HPU shares—basic and diluted
 
15

 
15

 
15

 
15

_______________________________________________________________________________
(1) Basic and diluted EPS are computed independently based on the weighted-average shares of common stock and stock equivalents outstanding for each period. Accordingly, the sum of the quarterly EPS amounts may not agree to the total for the year.
(2)
For the quarter ended December 31, 2015 includes net income attributable to iStar Inc. and allocable to Participating Security Holders of $5 and $5 on a basic and dilutive basis, respectively. For the quarter ended September 30, 2014, includes net income attributable to iStar Inc. and allocable to Participating Security Holders of $2 and $2 on a basic and dilutive basis, respectively.