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Earnings Per Share (Tables)
 6 Months Ended
Jun. 30, 2020
Earnings Per Share [Abstract]  
Schedule of reconciliation of income (loss) from continuing operations used in the basic and diluted EPS calculations
The following table presents a reconciliation of income from operations used in the basic and diluted earnings per share ("EPS") calculations ($ in thousands, except for per share data):
 For the Three Months Ended June 30,For the Six Months Ended June 30,
 2020201920202019
Net income (loss)$(14,363) $373,691  $(27,249) $366,721  
Net income attributable to noncontrolling interests(3,098) (2,852) (5,789) (5,323) 
Preferred dividends(5,874) (8,124) (11,748) (16,248) 
Net income (loss) allocable to common shareholders for basic earnings per common share$(23,335) $362,715  $(44,786) $345,150  
Add: Effect of Series J convertible perpetual preferred stock—  2,250  —  4,500  
Net income (loss) allocable to common shareholders for diluted earnings per common share$(23,335) $364,965  $(44,786) $349,650  
Schedule of earnings per share allocable to common shares and HPU shares
 For the Three Months Ended June 30,For the Six Months Ended June 30,
 2020201920202019
Earnings allocable to common shares:  
Numerator for basic earnings per share:  
Net income (loss) attributable to iStar Inc. and allocable to common shareholders$(23,335) $362,715  $(44,786) $345,150  
Numerator for diluted earnings per share:
Net income (loss) attributable to iStar Inc. and allocable to common shareholders$(23,335) $364,965  $(44,786) $349,650  
Denominator for basic and diluted earnings per share:  
Weighted average common shares outstanding for basic earnings per common share76,232  64,019  76,838  65,873  
Add: Effect of assumed shares issued under treasury stock method for restricted stock units—  87  —  85  
Add: Effect of series J convertible perpetual preferred stock—  16,153  —  16,053  
Weighted average common shares outstanding for diluted earnings per common share76,232  80,259  76,838  82,011  
Basic earnings per common share:  
Net income (loss) allocable to common shareholders$(0.31) $5.67  $(0.58) $5.24  
Diluted earnings per common share:(1)
  
Net income (loss) allocable to common shareholders$(0.31) $4.55  $(0.58) $4.26  
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(1)For the three and six months ended June 30, 2019, the effect of certain of the Company's restricted stock awards were anti-dilutive. The Company will settle conversions of the 3.125% Convertible Notes (refer to Note 11) by paying the conversion value in cash up to the original principal amount of the notes being converted and shares of common stock to the extent of any conversion premium. The amount of cash and shares of common stock, if any, due upon conversion will be based on a daily conversion value calculated for each trading day in a 40 consecutive day observation period. Based upon the conversion price of the 3.125% Convertible Notes, no shares of common stock would have been issuable upon conversion of the 3.125% Convertible Notes for the three and six months ended June 30, 2020 and 2019 and therefore the 3.125% Convertible Notes had no effect on diluted EPS for such period.