Other Investments (Tables)

12 Months Ended

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