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Other Investments (Tables)
 9 Months Ended
Sep. 30, 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 September 30,
 
For the Nine Months
Ended September 30,
 
September 30, 2019
 
December 31, 2018
 
2019
 
2018
 
2019
 
2018
Real estate equity investments
 
 
 
 
 
 
 
 
 
 
 
Safehold Inc. ("SAFE")
$
581,059

 
$
149,589

 
$
2,946

 
$
775

 
$
14,076

 
$
2,927

iStar Net Lease II LLC ("Net Lease Venture II")
5,300

 
16,215

 
(98
)
 
—

 
(416
)
 
—

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

 
—

 
—

 
—

 
—

 
4,100

Other real estate equity investments(2)
103,021

 
130,955

 
4,574

 
(2,062
)
 
2,744

 
(2,087
)
Subtotal
689,380

 
296,759

 
7,422

 
(1,287
)
 
16,404

 
4,940

Other strategic investments(3)
44,413

 
7,516

 
195

 
652

 
162

 
(9,521
)
Total
$
733,793

 
$
304,275

 
$
7,617

 
$
(635
)
 
$
16,566

 
$
(4,581
)

____________________________________________________________
(1)
The Company consolidated the assets and liabilities of the Net Lease Venture on June 30, 2018 (refer to Net Lease Venture below).
(2)
During the three and nine months ended September 30, 2019, equity in earnings (losses) includes $8.2 million of income resulting from the sale of a property at one of the Company's equity method investments.
(3)
For the nine months ended September 30, 2018, equity in earnings (losses) includes a $10.0 million impairment on a foreign equity method investment due to local market conditions.