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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Real estate    
Real estate, at cost [1] $ 1,657,866 $ 1,752,053
Less: accumulated depreciation [1] (300,942) (267,772)
Real estate, net [1] 1,356,924 1,484,281
Real estate available and held for sale [1] 1,983 5,212
Total real estate [1] 1,358,907 1,489,493
Net investment in leases ($9,136 and $10,871 of allowances as of September 30, 2021 and December 31, 2020, respectively) [1] 477,360 429,101
Land and development, net [1] 302,845 430,663
Loans receivable and other lending investments, net ($6,370 and $13,170 of allowances as of September 30, 2021 and December 31, 2020, respectively) [1] 405,509 732,330
Loan receivable held for sale 42,683  
Other investments [1] 1,419,766 1,176,560
Cash and cash equivalents [1] 298,886 98,633
Finance lease right-of-use asset 142,615 143,727
Accrued interest and operating lease income receivable, net [1] 5,046 10,061
Deferred operating lease income receivable, net [1] 66,002 58,128
Deferred expenses and other assets, net [1] 282,546 293,112
Total assets [1] 4,802,165 4,861,808
Liabilities:    
Accounts payable, accrued expenses and other liabilities [1] 300,461 317,402
Finance lease liabilities 152,629 150,520
Liabilities associated with properties held for sale [1] 252 27
Loan participations payable, net [1]   42,501
Debt obligations, net [1] 3,282,598 3,286,975
Total liabilities [1] 3,735,940 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, 70,031 and 73,967 shares issued and outstanding as of September 30, 2021 and December 31, 2020, respectively [1] 70 74
Additional paid-in capital [1] 3,127,401 3,240,535
Accumulated deficit [1] (2,225,552) (2,316,972)
Accumulated other comprehensive loss (refer to Note 14) [1] (34,350) (52,680)
Total iStar Inc. shareholders' equity [1] 867,581 870,969
Noncontrolling interests [1] 198,644 193,414
Total equity [1] 1,066,225 1,064,383
Total liabilities and equity [1] $ 4,802,165 $ 4,861,808
[1] Refer to Note 2 for details on the Company’s consolidated variable interest entities (“VIEs”).