XML 82 R70.htm IDEA: XBRL DOCUMENT v3.21.2
Other Investments (Schedule of Other Investments) (Details) - USD ($)
$ / shares in Units, $ in Thousands, shares in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Dec. 31, 2020
Schedule of Equity Method Investments [Line Items]          
Other investments [1] $ 1,419,766   $ 1,419,766   $ 1,176,560
Earnings (losses) from equity method investments 89,209 $ 6,805 114,675 $ 26,003  
Interest expense 39,471 42,407 118,451 127,748  
Mark-to-market gain $ 14,000 14,000 $ 19,100 23,900  
Safehold Inc.          
Schedule of Equity Method Investments [Line Items]          
Number of shares owned (in shares) 36.0   36.0    
Closing price (in dollars per share) $ 71.89   $ 71.89    
Market value $ 2,600,000   $ 2,600,000    
Dilution gain 60,200   60,700 7,900  
Equity Method Investment, Nonconsolidated Investee or Group of Investees          
Schedule of Equity Method Investments [Line Items]          
Other investments 1,419,766   1,419,766   1,176,560
Earnings (losses) from equity method investments 89,209 6,805 114,675 26,003  
Depreciation expense 5,100 4,600 16,200 13,400  
Interest expense 18,500 14,600 51,700 44,000  
Equity Method Investment, Nonconsolidated Investee or Group of Investees | Other strategic investments          
Schedule of Equity Method Investments [Line Items]          
Other investments 161,766   161,766   69,911
Earnings (losses) from equity method investments 2,355 205 6,169 (1,953)  
Real estate equity investments | Equity Method Investment, Nonconsolidated Investee or Group of Investees          
Schedule of Equity Method Investments [Line Items]          
Carrying value 1,258,000   1,258,000   1,106,649
Earnings (losses) from equity method investments 86,854 6,600 108,506 27,956  
Real estate equity investments | Equity Method Investment, Nonconsolidated Investee or Group of Investees | Safehold Inc.          
Schedule of Equity Method Investments [Line Items]          
Carrying value 1,113,333   1,113,333   937,712
Earnings (losses) from equity method investments 73,475 9,331 94,590 36,905  
Real estate equity investments | Equity Method Investment, Nonconsolidated Investee or Group of Investees | iStar Net Lease II LLC (Net Lease Venture II)          
Schedule of Equity Method Investments [Line Items]          
Carrying value 100,471   100,471   78,998
Earnings (losses) from equity method investments 1,414 811 4,014 1,568  
Real estate equity investments | Equity Method Investment, Nonconsolidated Investee or Group of Investees | Other real estate equity investments          
Schedule of Equity Method Investments [Line Items]          
Carrying value 44,196   44,196   $ 89,939
Earnings (losses) from equity method investments $ 11,965 $ (3,542) $ 9,902 $ (10,517)  
[1] Refer to Note 2 for details on the Company’s consolidated variable interest entities (“VIEs”).