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Earnings Per Share (Tables)
 12 Months Ended
Dec. 31, 2015
Earnings Per Share [Abstract]  
Reconciliation of income (loss) from continuing operations used in the basic and diluted EPS calculations
The following table presents a reconciliation of income (loss) from continuing operations used in the basic and diluted EPS calculations ($ in thousands, except for per share data):
 
For the Years Ended December 31,
 
2015
 
2014
 
2013
Income (loss) from continuing operations
$
(99,973
)
 
$
(74,178
)
 
$
(220,768
)
Income from sales of real estate
93,816

 
89,943

 
86,658

Net (income) loss attributable to noncontrolling interests
3,722

 
704

 
(718
)
Preferred dividends
(51,320
)
 
(51,320
)
 
(49,020
)
Income (loss) from continuing operations attributable to iStar Inc. and allocable to common shareholders, HPU holders and Participating Security Holders for basic earnings per common share
$
(53,755
)
 
$
(34,851
)
 
$
(183,848
)
Schedule of earnings per share allocable to common shares and HPU shares
 
For the Years Ended December 31,
 
2015
 
2014
 
2013
Earnings allocable to common shares:
 
 
 
 
 
Numerator for basic and diluted earnings per share:
 
 
 
 
 
Income (loss) from continuing operations attributable to iStar Inc. and allocable to common shareholders
$
(52,675
)
 
$
(33,722
)
 
$
(177,907
)
Income (loss) from discontinued operations
—

 
—

 
623

Gain from discontinued operations
—

 
—

 
21,515

Net income (loss) attributable to iStar Inc. and allocable to common shareholders
$
(52,675
)
 
$
(33,722
)
 
$
(155,769
)
Denominator for basic and diluted earnings per share:
 
 
 
 
 
Weighted average common shares outstanding for basic and diluted earnings per common share
84,987

 
85,031

 
84,990

Basic and diluted earnings per common share:
 
 
 
 
 
Income (loss) from continuing operations attributable to iStar Inc. and allocable to common shareholders
$
(0.62
)
 
$
(0.40
)
 
$
(2.09
)
Income (loss) from discontinued operations
—

 
—

 
0.01

Gain from discontinued operations
—

 
—

 
0.25

Net income (loss) attributable to iStar Inc. and allocable to common shareholders
$
(0.62
)
 
$
(0.40
)
 
$
(1.83
)


 
For the Years Ended December 31,
 
2015
 
2014
 
2013
Earnings allocable to HPUs (1):
 
 
 
 
 
Numerator for basic and diluted earnings per HPU share:
 
 
 
 
 
Income (loss) from continuing operations attributable to iStar Inc. and allocable to HPU holders
$
(1,080
)
 
$
(1,129
)
 
$
(5,941
)
Income (loss) from discontinued operations
—

 
—

 
21

Gain from discontinued operations
—

 
—

 
718

Net income (loss) attributable to iStar Inc. and allocable to HPU holders
$
(1,080
)
 
$
(1,129
)
 
$
(5,202
)
Denominator for basic and diluted earnings per HPU share:
 
 
 
 
 
Weighted average HPUs outstanding for basic and diluted earnings per share
9

 
15

 
15

Basic and diluted earnings per HPU share:
 
 
 
 
 
Income (loss) from continuing operations attributable to iStar Inc. and allocable to HPU holders
$
(120.00
)
 
$
(75.27
)
 
$
(396.07
)
Income (loss) from discontinued operations
—

 
—

 
1.40

Gain from discontinued operations
—

 
—

 
47.87

Net income (loss) attributable to iStar Inc. and allocable to HPU holders
$
(120.00
)
 
$
(75.27
)
 
$
(346.80
)

_______________________________________________________________________________
(1)
All of the Company's outstanding HPUs were repurchased and retired on August 13, 2015 (refer to Note 13).
Schedule of anti-dilutive shares
For the years ended December 31, 2015, 2014 and 2013, the following shares were not included in the diluted EPS calculation because they were anti-dilutive (in thousands):
 
For the Years Ended December 31,
 
2015(1)
 
2014(1)
 
2013(1)
Joint venture shares
298

 
298

 
298

3.00% convertible senior unsecured notes
16,992

 
16,992

 
16,992

Series J convertible perpetual preferred stock
15,635

 
15,635

 
15,635

1.50% convertible senior unsecured notes
11,567

 
11,567

 
11,567


_______________________________________________________________________________
(1)
For the years ended December 31, 2015, 2014 and 2013, the effect of the Company's unvested Units, performance-based Units and CSEs were anti-dilutive.