XML 11 R2.htm IDEA: XBRL DOCUMENT v3.21.2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Real estate    
Real estate, at cost [1] $ 1,657,173 $ 1,752,053
Less: accumulated depreciation [1] (290,167) (267,772)
Real estate, net [1] 1,367,006 1,484,281
Real estate available and held for sale [1] 99,201 5,212
Total real estate [1] 1,466,207 1,489,493
Net investment in leases ($9,005 and $10,871 of allowances as of June 30, 2021 and December 31, 2020, respectively) [1] 477,798 429,101
Land and development, net [1] 381,719 430,663
Loans receivable and other lending investments, net ($7,135 and $13,170 of allowances as of June 30, 2021 and December 31, 2020, respectively) [1] 454,960 732,330
Loan receivable held for sale 62,525 0
Other investments [1] 1,275,954 1,176,560
Cash and cash equivalents [1] 154,941 98,633
Finance lease right-of-use asset 142,985 143,727
Accrued interest and operating lease income receivable, net [1] 7,328 10,061
Deferred operating lease income receivable, net [1] 63,339 58,128
Deferred expenses and other assets, net [1] 279,894 293,112
Total assets [1] 4,767,650 4,861,808
Liabilities:    
Accounts payable, accrued expenses and other liabilities [1] 315,337 317,402
Finance lease liabilities 151,925 150,520
Liabilities associated with properties held for sale [1] 2,201 27
Loan participations payable, net [1] 0 42,501
Debt obligations, net [1] 3,289,481 3,286,975
Total liabilities [1] 3,758,944 3,797,425
Commitments and contingencies (refer to Note 12) [1]
iStar Inc. shareholders' equity:    
Preferred Stock Series D, G and I, liquidation preference $25.00 per share (refer to Note 14) [1] 12 12
Common Stock, $0.001 par value, 200,000 shares authorized, 72,419 and 73,967 shares issued and outstanding as of June 30, 2021 and December 31, 2020, respectively [1] 72 74
Additional paid-in capital [1] 3,185,748 3,240,535
Accumulated deficit [1] (2,338,454) (2,316,972)
Accumulated other comprehensive loss (refer to Note 14) [1] (35,824) (52,680)
Total iStar Inc. shareholders' equity [1] 811,554 870,969
Noncontrolling interests [1] 197,152 193,414
Total equity [1] 1,008,706 1,064,383
Total liabilities and equity [1] $ 4,767,650 $ 4,861,808
[1] Refer to Note 2 for details on the Company’s consolidated variable interest entities (“VIEs”).