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Other Investments (Tables)
 3 Months Ended
Mar. 31, 2016
Investments, All Other Investments [Abstract]  
Schedule of other investments and its proportionate share of results for equity method investments
The Company's other investments and its proportionate share of earnings (losses) from equity method investments were as follows ($ in thousands):
 
 
 
Equity in Earnings (Losses)
 
Carrying Value as of
 
For the Three Months Ended March 31,
 
March 31, 2016
 
December 31, 2015
 
2016
 
2015
Other real estate equity investments
$
85,122

 
$
81,452

 
$
(1,702
)
 
$
(1,302
)
iStar Net Lease I LLC ("Net Lease Venture")
68,043

 
69,096

 
946

 
1,633

Other investments(1)
57,734

 
73,525

 
802

 
1,696

Marina Palms, LLC ("Marina Palms")
23,091

 
30,099

 
8,221

 
4,520

Total other investments
$
233,990

 
254,172

 
$
8,267

 
$
6,547


_______________________________________________________________________________
(1)
In conjunction with the sale of the Company's interests in Oak Hill Advisors, L.P. in 2011, the Company retained a share of the carried interest related to various funds. During the three months ended March 31, 2016 and 2015, the Company recognized $3.2 million and $1.5 million, respectively, of carried interest income.
Summarized investee financial information
The following table presents the investee level summarized financial information of the Company's equity method investments, which were significant subsidiaries for the three months ended March 31, 2016 and 2015 ($ in thousands):
 
Revenues
 
Expenses
 
Net Income Attributable to Parent Entities
For the Three Months Ended March 31, 2016
 
 
 
 
 
Marina Palms
$
50,628

 
$
(25,511
)
 
$
25,117

Net Lease Venture
7,830

 
(5,863
)
 
1,823

 
 
 
 
 
 
For the Three Months Ended March 31, 2015
 
 
 
 
 
Marina Palms
$
34,998

 
$
(22,638
)
 
$
12,360

Net Lease Venture
7,829

 
(4,546
)
 
3,146