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Other Investments (Tables)
3 Months Ended
Mar. 31, 2019
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 March 31,
 
March 31, 2019
 
December 31, 2018
 
2019
 
2018
Real estate equity investments
 
 
 
 
 
 
 
Safehold Inc. ("SAFE")
$
402,052

 
$
149,589

 
$
7,316

 
$
1,472

iStar Net Lease II LLC ("Net Lease Venture II")
5,630

 
16,215

 
(86
)
 

iStar Net Lease I LLC ("Net Lease Venture")(1)

 

 

 
2,084

Other real estate equity investments
107,090

 
130,955

 
(2,123
)
 
270

Subtotal
514,772

 
296,759

 
5,107

 
3,826

Other strategic investments
7,227

 
7,516

 
202

 
(494
)
Total
$
521,999

 
$
304,275

 
$
5,309

 
$
3,332


____________________________________________________________
(1)
The Company consolidated the assets and liabilities of the Net Lease Venture on June 30, 2018 (refer to Net Lease Venture below).

The following table presents the investee level summarized financial information of the Company's equity method investments, which were significant subsidiaries for the three months ended March, 31, 2019 and 2018 ($ in thousands):
 
Revenues
 
Expenses
 
Net Income Attributable to Parent Entities
For the Three Months Ended March 31, 2019
 
 
 
 
 
SAFE
$
21,820

 
$
(10,683
)
 
$
6,619

 
 
 
 
 
 
For the Three Months Ended March 31, 2018
 
 
 
 
 
SAFE
$
11,693

 
$
(7,950
)
 
$
3,720