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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Revenues:        
Operating lease income $ 54,518 $ 56,152 $ 109,455 $ 115,291
Interest income 34,400 33,729 67,620 68,625
Other income 10,097 12,761 21,637 23,325
Land development revenue 27,888 6,543 42,835 14,801
Total revenues 126,903 109,185 241,547 222,042
Costs and expenses:        
Interest expense 56,047 55,824 113,068 110,456
Real estate expense 35,438 36,355 69,743 75,989
Land development cost of sales 17,262 5,252 28,838 12,142
Depreciation and amortization 14,474 15,516 29,182 34,017
General and administrative 19,665 20,586 42,768 41,340
Provision for loan losses 700 19,151 2,206 23,444
Impairment of assets 3,012 1,674 3,012 1,674
Other expense 3,182 888 3,922 3,011
Total costs and expenses 149,780 155,246 292,739 302,073
Income (loss) before earnings from equity method investments and other items (22,877) (46,061) (51,192) (80,031)
Loss on early extinguishment of debt, net (1,457) (44) (1,582) (212)
Earnings from equity method investments 39,447 8,785 47,714 15,332
Income (loss) from continuing operations before income taxes 15,113 (37,320) (5,060) (64,911)
Income tax benefit (expense) 1,190 (811) 1,604 (6,688)
Income (loss) from continuing operations 16,303 (38,131) (3,456) (71,599)
Income from sales of real estate 43,484 18,355 53,943 39,511
Net income (loss) 59,787 (19,776) 50,487 (32,088)
Net (income) loss attributable to noncontrolling interests (8,825) 629 (7,883) 2,470
Net income (loss) attributable to iStar Inc. 50,962 (19,147) 42,604 (29,618)
Preferred dividends (12,830) (12,830) (25,660) (25,660)
Net (income) loss allocable to HPU holders and Participating Security holders [1],[2] (20) 1,027 (11) 1,776
Net income (loss) allocable to common shareholders $ 38,112 $ (30,950) $ 16,933 $ (53,502)
Per common share data:        
Income (loss) attributable to iStar Inc. from continuing operations - Basic (in dollars per share) $ 0.52 $ (0.36) $ 0.22 $ (0.63)
Income (loss) attributable to iStar Inc. from continuing operations - Diluted (in dollars per share) 0.37 (0.36) 0.22 (0.63)
Net income (loss) attributable to iStar Inc. - Basic (in dollars per shares) 0.52 (0.36) 0.22 (0.63)
Net income (loss) attributable to iStar Inc. - Diluted (in dollars per shares) $ 0.37 $ (0.36) $ 0.22 $ (0.63)
Weighted average number of common shares - Basic (in shares) 73,984 85,541 75,522 85,519
Weighted average number of common shares - Diluted (in shares) 118,510 85,541 104,431 85,519
Per HPU share data:        
Net income (loss) attributable to iStar Inc. and allocable to HPU holders [1] $ 0.00 $ (68.47) $ 0.00 $ (118.40)
Net income (loss) attributable to iStar Inc., Basic and diluted (in dollars per share) [1] $ 0.00 $ (68.47) $ 0.00 $ (118.40)
Weighted average HPU shares, Basic and diluted (in shares) [1] 0 15 0 15
[1] All of the Company's outstanding High Performance Units ("HPUs") were repurchased and retired on August 13, 2015 (refer to Note 15)
[2] Participating Security holders are non-employee directors who hold common stock equivalents ("CSEs") 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).