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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Revenues:      
Operating lease income $ 229,720 $ 243,100 $ 234,567
Interest income 134,687 122,704 108,015
Other income 49,931 81,033 48,208
Land development revenue 100,216 15,191 0
Total revenues 514,554 462,028 390,790
Costs and expenses:      
Interest expense 224,639 224,483 266,225
Real estate expense 146,750 163,389 157,441
Land development cost of sales 67,382 12,840 0
Depreciation and amortization 65,247 73,571 71,266
General and administrative 81,277 88,287 92,114
Provision for (recovery of) loan losses 36,567 (1,714) 5,489
Impairment of assets 10,524 34,634 12,589
Other expense 6,374 6,340 8,050
Total costs and expenses 638,760 601,830 613,174
Income (loss) before earnings from equity method investments and other items (124,206) (139,802) (222,384)
Loss on early extinguishment of debt, net (281) (25,369) (33,190)
Earnings from equity method investments 32,153 94,905 41,520
Loss on transfer of interest to unconsolidated subsidiary 0 0 (7,373)
Income (loss) from continuing operations before income taxes (92,334) (70,266) (221,427)
Income tax (expense) benefit (7,639) (3,912) 659
Income (loss) from continuing operations [1] (99,973) (74,178) (220,768)
Income (loss) from discontinued operations 0 0 644
Gain from discontinued operations 0 0 22,233
Income from sales of real estate 93,816 89,943 86,658
Net income (loss) (6,157) 15,765 (111,233)
Net (income) loss attributable to noncontrolling interests 3,722 704 (718)
Net income (loss) attributable to iStar Inc. (2,435) 16,469 (111,951)
Preferred dividends (51,320) (51,320) (49,020)
Net (income) loss allocable to HPU holders and Participating Security holders [2],[3] 1,080 1,129 5,202
Net income (loss) allocable to common shareholders $ (52,675) $ (33,722) $ (155,769)
Per common 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)
Net income (loss) attributable to iStar Inc.—Basic and diluted (in dollars per share) [1] $ (0.62) $ (0.40) $ (1.83)
Weighted average number of common shares—Basic and diluted [1] 84,987 85,031 84,990
Per HPU share data:      
Income (loss) attributable to iStar Inc. from continuing operations—Basic and diluted (in dollars per share) [1],[2] $ (120.00) $ (75.27) $ (396.07)
Net income (loss) attributable to iStar Inc.—Basic and diluted (in dollars per share) [1],[2] $ (120.00) $ (75.27) $ (346.80)
Weighted average number of HPU share—Basic and diluted (in shares) [1],[2] 9 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)
[3] Participating Security holders are non-employee directors who hold common stock equivalents and restricted stock awards granted under the Company's Long Term Incentive Plans that are eligible to participate in dividends (refer to Note 14 and Note 15).