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Earnings Per Share (Tables)
 12 Months Ended
Dec. 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 operations used in the basic and diluted EPS calculations ($ in thousands, except for per share data):
 
For the Years Ended December 31,
 
2016
 
2015
 
2014
Income (loss) from operations
$
(5,114
)
 
$
(99,973
)
 
$
(74,178
)
Income from sales of real estate
105,296

 
93,816

 
89,943

Net (income) loss attributable to noncontrolling interests
(4,876
)
 
3,722

 
704

Preferred dividends
(51,320
)
 
(51,320
)
 
(51,320
)
Income (loss) from operations attributable to iStar Inc. and allocable to common shareholders, HPU holders and Participating Security Holders for basic earnings per common share(1)
$
43,986

 
$
(53,755
)
 
$
(34,851
)
Add: Effect of joint venture shares
7

 
—

 
—

Add: Effect of 1.50% senior convertible unsecured notes
3,907

 
—

 
—

Add: Effect of 3.00% senior convertible unsecured notes
6,239

 
—

 
—

Income (loss) from operations attributable to iStar Inc. and allocable to common shareholders, HPU holders and Participating Security Holders for diluted earnings per common share(1)
$
54,139

 
$
(53,755
)
 
$
(34,851
)
_______________________________________________________________________________
(1)
For the year ended December 31, 2016, includes income from operations allocable to Participating Security Holders of $14 and $13 on a basic and dilutive basis.
Schedule of earnings per share allocable to common shares and HPU shares
 
For the Years Ended December 31,
 
2016
 
2015
 
2014
Earnings allocable to common shares:
 
 
 
 
 
Numerator for basic earnings per share:
 
 
 
 
 
Income (loss) from operations attributable to iStar Inc. and allocable to common shareholders
$
43,972

 
$
(52,675
)
 
$
(33,722
)
Net income (loss) attributable to iStar Inc. and allocable to common shareholders
$
43,972

 
$
(52,675
)
 
$
(33,722
)
 
 
 
 
 
 
Numerator for diluted earnings per share:
 
 
 
 
 
Income (loss) from operations attributable to iStar Inc. and allocable to common shareholders
$
54,126

 
$
(52,675
)
 
$
(33,722
)
Net income (loss) attributable to iStar Inc. and allocable to common shareholders
$
54,126

 
$
(52,675
)
 
$
(33,722
)
 
 
 
 
 
 
Denominator for basic and diluted earnings per share:
 
 
 
 
 
Weighted average common shares outstanding for basic earnings per common share
73,453

 
84,987

 
85,031

Add: Effect of assumed shares issued under treasury stock method or restricted stock units
84

 
—

 
—

Add: Effect of joint venture shares
298

 
—

 
—

Add: Effect of 1.50% senior convertible unsecured notes
9,868

 
—

 
—

Add: Effect of 3.00% senior convertible unsecured notes
14,764

 
—

 
—

Weighted average common shares outstanding for diluted earnings per common share
98,467

 
84,987

 
85,031

 
 
 
 
 
 
Basic earnings per common share:
 
 
 
 
 
Income (loss) from operations attributable to iStar Inc. and allocable to common shareholders
$
0.60

 
$
(0.62
)
 
$
(0.40
)
Net income (loss) attributable to iStar Inc. and allocable to common shareholders
$
0.60

 
$
(0.62
)
 
$
(0.40
)
 
 
 
 
 
 
Diluted earnings per common share:
 
 
 
 
 
Income (loss) from operations attributable to iStar Inc. and allocable to common shareholders
$
0.55

 
$
(0.62
)
 
$
(0.40
)
Net income (loss) attributable to iStar Inc. and allocable to common shareholders
$
0.55

 
$
(0.62
)
 
$
(0.40
)


 
For the Years Ended December 31,
 
2016
 
2015
 
2014
Earnings allocable to HPUs (1):
 
 
 
 
 
Numerator for basic and diluted earnings per HPU share:
 
 
 
 
 
Net income (loss) attributable to iStar Inc. and allocable to HPU holders
$
—

 
$
(1,080
)
 
$
(1,129
)
Denominator for basic and diluted earnings per HPU share:
 
 
 
 
 
Weighted average HPUs outstanding for basic and diluted earnings per share
—

 
9

 
15

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

 
$
(120.00
)
 
$
(75.27
)

_______________________________________________________________________________
(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, 2016, 2015 and 2014, the following shares were not included in the diluted EPS calculation because they were anti-dilutive (in thousands):
 
For the Years Ended December 31,
 
2016(1)
 
2015(1)
 
2014(1)
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

 
15,635

1.50% convertible senior unsecured notes
—

 
11,567

 
11,567


_______________________________________________________________________________
(1)
For the years ended December 31, 2015 and 2014, the effect of the Company's unvested Units, market-based Units and CSEs were anti-dilutive.
(2)
For the year ended December 31, 2016, the effect of 16 and 125 unvested time and market-based Units, respectively, were anti-dilutive.