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Quarterly Financial Information (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]  
Schedule of quarterly financial information
The following table sets forth the selected quarterly financial data for the Company ($ in thousands, except per share amounts).
 
 
For the Quarters Ended
 
 
December 31,
 
September 30,
 
June 30,
 
March 31,
2016:
 
 
 
 
 
 
 
 
Revenue
 
$
98,571

 
$
124,054

 
$
122,360

 
$
110,202

Net income (loss)
 
$
(8,461
)
 
$
58,155

 
$
59,787

 
$
(9,299
)
Income from discontinued operations
 
$
7,336

 
$
3,721

 
$
3,633

 
$
3,580

Earnings per common share data(1):
 
 
 
 
 
 
 
 
Net income (loss) attributable to iStar Inc.
 
 
 
 
 
 
 
 
Basic(2)
 
$
(19,252
)
 
$
46,292

 
$
38,112

 
$
(21,187
)
Diluted(2)
 
$
(19,252
)
 
$
51,453

 
$
43,293

 
$
(21,187
)
Earnings per share
 
 
 
 
 
 
 
 
Basic
 
$
(0.27
)
 
$
0.65

 
$
0.52

 
$
(0.27
)
Diluted
 
$
(0.27
)
 
$
0.44

 
$
0.37

 
$
(0.27
)
Weighted average number of common shares
 
 
 
 
 
 
 
 
Basic
 
71,603

 
71,210

 
73,984

 
77,060

Diluted
 
71,603

 
115,666

 
118,510

 
77,060

 
 
 
 
 
 
 
 
 
2015:
 
 
 
 
 
 
 
 
Revenue
 
$
164,980

 
$
116,138

 
$
104,946

 
$
109,970

Net income (loss)
 
$
19,974

 
$
5,958

 
$
(19,776
)
 
$
(12,313
)
Income from discontinued operations
 
$
6,186

 
$
3,483

 
$
3,374

 
$
2,034

Earnings per common share data(1):
 
 
 
 
 
 
 
 
Net income (loss) attributable to iStar Inc.
 
 
 
 
 
 
 
 
Basic(3)
 
$
7,685

 
$
(6,072
)
 
$
(30,950
)
 
$
(22,553
)
Diluted(3)
 
$
7,684

 
$
(6,072
)
 
$
(30,950
)
 
$
(22,553
)
Earnings per share
 
 
 
 
 
 
 
 
Basic
 
$
0.09

 
$
(0.07
)
 
$
(0.36
)
 
$
(0.26
)
Diluted
 
$
0.09

 
$
(0.07
)
 
$
(0.36
)
 
$
(0.26
)
Weighted average number of common shares
 
 
 
 
 
 
 
 
Basic
 
83,162

 
85,766

 
85,541

 
85,497

Diluted
 
83,581

 
85,766

 
85,541

 
85,497

Earnings per HPU share data(1)(4):
 
 
 
 
 
 
 
 
Net income (loss) attributable to iStar Inc.
 
 
 
 
 
 
 
 
Basic and diluted
 
$

 
$
(94
)
 
$
(1,027
)
 
$
(749
)
Earnings per share
 
 
 
 
 
 
 
 
Basic and diluted
 
$

 
$
(13.41
)
 
$
(68.47
)
 
$
(49.93
)
Weighted average number of HPU shares—basic and diluted
 

 
7

 
15

 
15

_______________________________________________________________________________
(1) Basic and diluted EPS are computed independently based on the weighted-average shares of common stock and stock equivalents outstanding for each period. Accordingly, the sum of the quarterly EPS amounts may not agree to the total for the year.
(2)
For the quarter ended June 30, 2016 includes net income attributable to iStar Inc. and allocable to Participating Security Holders of $20 and $14 on a basic and dilutive basis, respectively.
(3)
For the quarter ended December 31, 2015 includes net income attributable to iStar Inc. and allocable to Participating Security Holders of $5 and $5 on a basic and dilutive basis, respectively.
(4)
All of the Company's outstanding HPUs were repurchased and retired on August 13, 2015 (refer to Note 13).