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Other Investments (Tables) | 6 Months Ended
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Jun. 30, 2018
Investments, All Other Investments [Abstract] |
Schedule of other investments and proportionate share of earnings from equity method investments | The Company's other investments and its proportionate share of earnings from equity method investments were as follows ($ in thousands):
|  |  | Equity in Earnings (Losses)
| Carrying Value as of |  | For the Three Months Ended June 30, |  | For the Six Months Ended June 30,
| June 30, 2018 |  | December 31, 2017 |  | 2018 |  | 2017 |  | 2018 |  | 2017
Real estate equity investments |  |  |  |  |  |  |  |  |  |  |
iStar Net Lease I LLC ("Net Lease Venture")(1) | $ | — |  |  | $ | 121,139 |  |  | $ | 2,016 |  |  | $ | 1,032 |  |  | $ | 4,100 |  |  | $ | 2,013 |
Safety, Income & Growth Inc. ("SAFE")(2) | 147,512 |  |  | 83,868 |  |  | 680 |  |  | 48 |  |  | 2,152 |  |  | 48 |
Other real estate equity investments(2) | 138,716 |  |  | 102,616 |  |  | (295 | ) |  | 4,075 |  |  | (25 | ) |  | 8,549 |
Subtotal | 286,228 |  |  | 307,623 |  |  | 2,401 |  |  | 5,155 |  |  | 6,227 |  |  | 10,610 |
Other strategic investments(3) | 6,789 |  |  | 13,618 |  |  | (9,679 | ) |  | 360 |  |  | (10,173 | ) |  | 607 |
Total | $ | 293,017 |  |  | $ | 321,241 |  |  | $ | (7,278 | ) |  | $ | 5,515 |  |  | $ | (3,946 | ) |  | $ | 11,217 |
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(1) | The Company consolidated the assets and liabilities of the Net Lease Venture on June 30, 2018 (refer to Net Lease Venture below).
(2) | On January 1, 2018, the Company recorded a step-up in basis to fair value of its retained noncontrolling interest relating to the sale of its Ground Lease business (refer to Note 4) and other transactions where the Company sold or contributed real estate to a venture and previously recognized partial gains. Prior to the adoption of ASU 2017-05 (refer to Note 3), the Company was required to recognize gains on only the portion of its interest transferred to third parties and was precluded from recognizing a gain on its retained noncontrolling interest, which was carried at the Company’s historical cost basis.
(3) | For the three and six months ended June 30, 2018, equity in earnings (losses) includes a $10.0 million impairment on a foreign equity method investment due to local market conditions.

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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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