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Other Investments (Tables)
 3 Months Ended
Mar. 31, 2017
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, 2017
 
December 31, 2016
 
2017
 
2016
Real estate equity investments
 
 
 
 
 
 
 
iStar Net Lease I LLC ("Net Lease Venture")
$
92,024

 
$
92,669

 
$
981

 
$
946

Marina Palms, LLC ("Marina Palms")
19,439

 
35,185

 
3,117

 
8,221

Other real estate equity investments
53,230

 
53,202

 
1,357

 
(1,702
)
Subtotal
164,693

 
181,056

 
5,455

 
7,465

Other strategic investments(1)
32,866

 
33,350

 
247

 
802

Total
$
197,559

 
$
214,406

 
$
5,702

 
$
8,267


_______________________________________________________________________________
(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, the Company recognized $3.2 million of carried interest income.
Summarized investee financial information
The following table presents the investee level summarized financial information of the Company's equity method investments, which were significant subsidiaries for the three months ended March 31, 2017 and 2016 ($ in thousands):
 
Revenues
 
Expenses
 
Net Income Attributable to Parent Entities
For the Three Months Ended March 31, 2017
 
 
 
 
 
Marina Palms
$
23,669

 
$
(14,911
)
 
$
8,758

Net Lease Venture
9,621

 
(7,588
)
 
1,890

 
 
 
 
 
 
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