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Earnings Per Share
 9 Months Ended
Sep. 30, 2020
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
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 September 30,For the Nine Months Ended September 30,
 2020201920202019
Net income (loss)$6,451 $3,626 $(20,793)$370,347 
Net income attributable to noncontrolling interests(2,646)(2,845)(8,435)(8,168)
Preferred dividends(5,874)(8,124)(17,622)(24,372)
Net income (loss) allocable to common shareholders for basic earnings per common share$(2,069)$(7,343)$(46,850)$337,807 
Add: Effect of Series J convertible perpetual preferred stock— — — 6,750 
Net income (loss) allocable to common shareholders for diluted earnings per common share$(2,069)$(7,343)$(46,850)$344,557 
 For the Three Months Ended September 30,For the Nine Months Ended September 30,
 2020201920202019
Earnings allocable to common shares:  
Numerator for basic earnings per share:  
Net income (loss) attributable to iStar Inc. and allocable to common shareholders$(2,069)$(7,343)$(46,850)$337,807 
Numerator for diluted earnings per share:
Net income (loss) attributable to iStar Inc. and allocable to common shareholders$(2,069)$(7,343)$(46,850)$344,557 
Denominator for basic and diluted earnings per share:  
Weighted average common shares outstanding for basic earnings per common share75,033 62,168 76,232 64,624 
Add: Effect of assumed shares issued under treasury stock method for restricted stock units— — — 114 
Add: Effect of series J convertible perpetual preferred stock— — — 16,138 
Weighted average common shares outstanding for diluted earnings per common share75,033 62,168 76,232 80,876 
Basic earnings per common share:  
Net income (loss) allocable to common shareholders$(0.03)$(0.12)$(0.61)$5.23 
Diluted earnings per common share:(1)
  
Net income (loss) allocable to common shareholders$(0.03)$(0.12)$(0.61)$4.26 
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(1)For the three months ended September 30, 2019, 16,306 of Series J convertible perpetual preferred stock was anti-dilutive. For the three and nine months ended September 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 nine months ended September 30, 2020 and 2019 and therefore the 3.125% Convertible Notes had no effect on diluted EPS for such period.