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Earnings Per Share (Tables)
 3 Months Ended
Mar. 31, 2016
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 Three Months Ended March 31,
 
2016
 
2015
Income (loss) from continuing operations
$
(19,757
)
 
$
(33,469
)
Income from sales of real estate
10,458

 
21,156

Net (income) loss attributable to noncontrolling interests
942

 
1,841

Preferred dividends
(12,830
)
 
(12,830
)
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
$
(21,187
)
 
$
(23,302
)
Schedule of earnings per share allocable to common shares and HPU shares
 
For the Three Months Ended March 31,
 
2016
 
2015
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
$
(21,187
)
 
$
(22,553
)
Denominator for basic and diluted earnings per share:
 
 
 
Weighted average common shares outstanding for basic and diluted earnings per common share
77,060

 
85,497

 
 
 
 
Basic and diluted earnings per common share:
 
 
 
Net income (loss) attributable to iStar Inc. and allocable to common shareholders
$
(0.27
)
 
$
(0.26
)
 
 
 
 
 
For the Three Months Ended March 31,
 
2016
 
2015
Earnings allocable to High Performance Units (1):
 
 
 
Numerator for basic and diluted earnings per HPU share:
 
 
 
Net income (loss) attributable to iStar Inc. and allocable to HPU holders
$
—

 
$
(749
)
Denominator for basic and diluted earnings per HPU share:
 
 
 
Weighted average High Performance Units outstanding for basic and diluted earnings per share
—

 
15

 
 
 
 
Basic and diluted earnings per HPU share:
 
 
 
Net income (loss) attributable to iStar Inc. and allocable to HPU holders
$
—

 
$
(49.93
)

_______________________________________________________________________________
(1)
All of the Company's outstanding HPUs were repurchased and retired on August 13, 2015.
Schedule of anti-dilutive shares
For the three months ended March 31, 2016 and 2015, the following shares were not included in the diluted EPS calculation because they were anti-dilutive (in thousands)(1):
 
For the Three Months Ended March 31,
 
2016
 
2015
Joint venture shares
298

 
298

3.00% convertible senior unsecured notes
16,992

 
16,992

Series J convertible perpetual preferred stock
15,635

 
15,635

1.50% convertible senior unsecured notes
11,567

 
11,567


_______________________________________________________________________________
(1)
For the three months ended March 31, 2016 and 2015, the effect of the Company's unvested Units, performance-based Units, CSEs and restricted stock awards were anti-dilutive.