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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Revenues:        
Total revenues $ 122,141 $ 119,872 $ 657,956 $ 576,059
Costs and expenses:        
Interest expense 47,219 48,732 135,572 148,684
Depreciation and amortization 19,979 11,846 41,857 37,297
General and administrative [1] 21,613 20,955 73,655 73,347
Provision for (recovery of) loan losses 200 (2,600) 18,237 (8,128)
Impairment of assets 989 595 11,177 15,292
Other expense 298 2,704 5,180 20,849
Total costs and expenses 134,699 146,024 710,070 559,783
Income (loss) before earnings from equity method investments and other items (12,558) (26,152) (52,114) 16,276
Loss on early extinguishment of debt, net (911) (616) (3,447) (4,142)
Earnings (losses) from equity method investments (635) 2,461 (4,581) 13,677
Gain on consolidation of equity method investment 0 0 67,877 0
Income (loss) from continuing operations before income taxes (14,104) (24,307) 7,735 25,811
Income tax (expense) benefit (137) 1,278 (386) (972)
Income (loss) from continuing operations (14,241) (23,029) 7,349 24,839
Income from discontinued operations 0 0 0 4,939
Gain from discontinued operations 0 0 0 123,418
Income tax expense from discontinued operations 0 0 0 (4,545)
Income from sales of real estate [2] 5,409 19,313 79,353 28,267
Net income (loss) (8,832) (3,716) 86,702 176,918
Net (income) loss attributable to noncontrolling interests (2,028) 160 (11,632) (4,450)
Net income (loss) attributable to iStar Inc. (10,860) (3,556) 75,070 172,468
Preferred dividends (8,124) (30,974) (24,372) (56,634)
Net income (loss) allocable to common shareholders $ (18,984) $ (34,530) $ 50,698 $ 115,834
Income (loss) attributable to iStar Inc. from continuing operations:        
Basic (in dollars per share) $ (0.28) $ (0.48) $ 0.75 $ (0.11)
Diluted (in dollars per share) (0.28) (0.48) 0.69 (0.11)
Net income (loss) attributable to iStar Inc.:        
Basic (in dollars per share) (0.28) (0.48) 0.75 1.61
Diluted (in dollars per share) $ (0.28) $ (0.48) $ 0.69 $ 1.61
Weighted average number of common shares:        
Basic (in shares) 67,975 71,713 67,940 71,972
Weighted average common shares outstanding for diluted earnings per common share (in shares) 67,975 71,713 83,729 71,972
Dividends declared per share (in dollars per share) $ 0.09 $ 0 $ 0.09 $ 0
Equity-based compensation $ 3,651 $ 2,934 $ 16,245 $ 12,730
All Performance Incentive Plans        
Weighted average number of common shares:        
Equity-based compensation 2,400 1,900 12,600 9,800
Operating lease income        
Revenues:        
Total revenues 59,109 47,806 149,516 142,155
Interest income        
Revenues:        
Total revenues 22,915 25,442 74,824 83,145
Other income        
Revenues:        
Total revenues 27,808 20,662 63,951 172,037
Land development        
Revenues:        
Total revenues 12,309 25,962 369,665 178,722
Costs and expenses:        
Cost of sales expense 12,114 27,512 318,881 165,888
Real estate        
Costs and expenses:        
Cost of sales expense $ 32,287 $ 36,280 $ 105,511 $ 106,554
[1] For the three months ended September 30, 2018 and 2017, includes $2.4 million and $1.9 million, respectively, of equity-based compensation associated with iPIP Plans (refer to Note 14). For the nine months ended September 30, 2018 and 2017, includes $12.6 million and $9.8 million, respectively, of equity-based compensation associated with iPIP Plans (refer to Note 14). These plans are liability-based plans which are marked-to-market quarterly and such marks are based upon the performance of the assets underlying the plans as of the quarterly measurement dates; however, actual amounts cannot be determined until the end date of the plans and the ultimate repayment or monetization of the related assets.
[2] Income from sales of real estate represents gains from sales of real estate that do not qualify as discontinued operations