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Other Investments (Tables) | 12 Months Ended
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Dec. 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):
| Carrying Value |  | Equity in Earnings (Losses)
| As of December 31, |  | For the Years Ended December 31,
| 2017 |  | 2016 |  | 2017 |  | 2016 |  | 2015
Real estate equity investments |  |  |  |  |  |  |  |  |
iStar Net Lease I LLC ("Net Lease Venture") | $ | 121,139 |  |  | $ | 92,669 |  |  | $ | 4,534 |  |  | $ | 3,567 |  |  | $ | 5,221 |
Safety, Income & Growth Inc. ("SAFE")(1) | 83,868 |  |  | — |  |  | 551 |  |  | — |  |  | — |
Marina Palms, LLC ("Marina Palms") | 2,555 |  |  | 35,185 |  |  | 2,621 |  |  | 22,053 |  |  | 23,626 |
Other real estate equity investments (2) | 100,061 |  |  | 53,202 |  |  | 3,899 |  |  | 41,822 |  |  | (5,280 | )
Subtotal | 307,623 |  |  | 181,056 |  |  | 11,605 |  |  | 67,442 |  |  | 23,567 |
Other strategic investments (3) | 13,618 |  |  | 33,350 |  |  | 1,410 |  |  | 9,907 |  |  | 8,586 |
Total | $ | 321,241 |  |  | $ | 214,406 |  |  | $ | 13,015 |  |  | $ | 77,349 |  |  | $ | 32,153 |
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(1) | Equity in earnings is for the period from April 14, 2017 to December 31, 2017.
(2) | During the year ended December 31, 2016, a majority-owned consolidated subsidiary of the Company sold its interest in a real estate equity method investment for net proceeds of $39.8 million and recognized equity in earnings of $31.5 million, of which $10.1 million was attributable to the noncontrolling interest. In addition, the Company received a distribution from one of its real estate equity method investments and recognized equity in earnings during the year ended December 31, 2016 of $11.6 million.
(3) | 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 years ended December 31, 2016 and 2015, the Company recognized $4.3 million, $2.2 million, respectively, of carried interest income.
Summary of financial information of the equity method investments | The following tables present the investee level summarized financial information of the Company's equity method investments ($ in thousands):
|  | As of December 31, |  |  | For the Years Ended December 31,
|  | 2017 |  | 2016 |  |  | 2017 |  | 2016 |  | 2015
Balance Sheets |  |  |  |  |  | Income Statements |  |  |  |  |
Total assets |  | $ | 2,493,798 |  |  | $ | 2,803,411 |  |  | Revenues | $ | 261,867 |  |  | $ | 272,281 |  |  | $ | 481,224 |
Total liabilities |  | 1,169,125 |  |  | 683,079 |  |  | Expenses | (167,999 | ) |  | (227,720 | ) |  | (245,968 | )
Noncontrolling interests |  | 13,258 |  |  | 23,544 |  |  | Net income attributable to parent entities | 91,633 |  |  | 42,209 |  |  | 234,529 |
Total equity |  | 1,311,415 |  |  | 2,096,788 |  |  |  |  |  |  |  |

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- Definition Tabular disclosure of equity method investments including, but not limited to, name of each investee or group of investments, percentage ownership, difference between recorded amount of an investment and the value of the underlying equity in the net assets, and summarized financial information. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=66011266&loc=d3e33918-111571 + Details
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