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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Revenues:        
Operating lease income $ 51,414 $ 55,699 $ 160,869 $ 170,990
Interest income 32,258 33,599 99,877 102,224
Other income 13,442 16,888 35,080 40,214
Land development revenue 31,554 14,301 74,389 29,101
Total revenues 128,668 120,487 370,215 342,529
Costs and expenses:        
Interest expense 55,105 56,880 168,173 167,336
Real estate expense 35,335 35,154 105,078 111,143
Land development cost of sales 22,004 10,686 50,842 22,828
Depreciation and amortization 13,002 15,787 42,184 49,804
General and administrative 19,666 21,181 62,433 62,520
(Recovery of) provision for loan losses (14,955) 7,500 (12,749) 30,944
Impairment of assets 8,741 3,916 11,753 5,590
Other expense 819 3,334 4,741 6,345
Total costs and expenses 139,717 154,438 432,455 456,510
Income (loss) before earnings from equity method investments and other items (11,049) (33,951) (62,240) (113,981)
Loss on early extinguishment of debt, net (36) (67) (1,618) (279)
Earnings from equity method investments 26,540 10,572 74,254 25,904
Income (loss) from continuing operations before income taxes 15,455 (23,446) 10,396 (88,356)
Income tax benefit (expense) 8,256 2,893 9,859 (3,796)
Income (loss) from continuing operations 23,711 (20,553) 20,255 (92,152)
Income from sales of real estate 34,444 26,511 88,387 66,021
Net income (loss) 58,155 5,958 108,642 (26,131)
Net (income) loss attributable to noncontrolling interests 967 706 (6,915) 3,176
Net income (loss) attributable to iStar Inc. 59,122 6,664 101,727 (22,955)
Preferred dividends (12,830) (12,830) (38,490) (38,490)
Net (income) loss allocable to HPU holders and Participating Security holders [1],[2] 0 94 (27) 1,627
Net income (loss) allocable to common shareholders $ 46,292 $ (6,072) $ 63,210 $ (59,818)
Income (loss) attributable to iStar Inc. from continuing operations:        
Basic (in dollars per share) $ 0.65 $ (0.07) $ 0.85 $ (0.70)
Diluted (in dollars per share) 0.44 (0.07) 0.66 (0.70)
Net income (loss) attributable to iStar Inc.:        
Basic (in dollars per share) 0.65 (0.07) 0.85 (0.70)
Diluted (in dollars per share) $ 0.44 $ (0.07) $ 0.66 $ (0.70)
Weighted average number of common shares:        
Basic (in shares) 71,210 85,766 74,074 85,602
Diluted (in shares) 115,666 85,766 118,590 85,602
Per HPU share data:        
Loss attributable to iStar Inc. from continuing operations - basic and diluted (In dollars per share) [1] $ 0.00 $ (13.41) $ 0.00 $ (132.19)
Net loss attributable to iStar Inc., basic and diluted (in dollars per share) [1] $ 0.00 $ (13.41) $ 0.00 $ (132.19)
Weighted average HPU shares, Basic and diluted (in shares) [1] 0 7 0 12
[1] All of the Company's outstanding High Performance Units ("HPUs") were repurchased and retired on August 13, 2015 (refer to Note 13).
[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).