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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Revenues:        
Operating lease income $ 47,806 $ 46,800 $ 142,155 $ 147,270
Interest income 25,442 32,258 83,145 99,877
Other income 20,662 13,442 172,037 35,079
Land development revenue 25,962 31,554 178,722 74,389
Total revenues 119,872 124,054 576,059 356,615
Costs and expenses:        
Interest expense 48,732 55,105 148,684 168,173
Real estate expense 36,280 35,243 106,554 104,815
Land development cost of sales 27,512 22,004 165,888 50,842
Depreciation and amortization 11,846 12,201 37,297 39,781
General and administrative 20,955 19,666 73,347 62,433
(Recovery of) provision for loan losses (2,600) (14,955) (8,128) (12,749)
Impairment of assets 595 8,741 15,292 11,753
Other expense 2,704 819 20,849 4,741
Total costs and expenses 146,024 138,824 559,783 429,789
Income (loss) before earnings from equity method investments and other items (26,152) (14,770) 16,276 (73,174)
Loss on early extinguishment of debt, net (616) (36) (4,142) (1,618)
Earnings from equity method investments 2,461 26,540 13,677 74,254
Income (loss) from continuing operations before income taxes (24,307) 11,734 25,811 (538)
Income tax (expense) benefit 1,278 8,256 (972) 9,859
Income (loss) from continuing operations (23,029) 19,990 24,839 9,321
Income from discontinued operations 0 3,721 4,939 10,934
Gain from discontinued operations 0 0 123,418 0
Income tax expense from discontinued operations 0 0 (4,545) 0
Income from sales of real estate [1] 19,313 34,444 28,267 88,387
Net income (3,716) 58,155 176,918 108,642
Net (income) loss attributable to noncontrolling interests 160 967 (4,450) (6,915)
Comprehensive (income) loss attributable to noncontrolling interests 160 967 (4,450) (6,915)
Net income attributable to iStar Inc. (3,556) 59,122 172,468 101,727
Preferred dividends (30,974) (12,830) (56,634) (38,490)
Net (income) loss allocable to Participating Security holders [2] 0 0 0 (27)
Net income allocable to common shareholders $ (34,530) $ 46,292 $ 115,834 $ 63,210
Income attributable to iStar Inc. from continuing operations:        
Basic (in dollars per share) $ (0.48) $ 0.60 $ (0.11) $ 0.70
Diluted (in dollars per share) (0.48) 0.41 (0.11) 0.57
Net income attributable to iStar Inc.:        
Basic (in dollars per share) (0.48) 0.65 1.61 0.85
Diluted (in dollars per share) $ (0.48) $ 0.44 $ 1.61 $ 0.66
Weighted average number of common shares:        
Basic (in shares) 71,713 71,210 71,972 74,074
Weighted average common shares outstanding for diluted earnings per common share 71,713 115,666 71,972 118,590
[1] Income from sales of real estate represents gains from sales of real estate that do not qualify as discontinued operations.
[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).