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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Revenues:      
Total revenues $ 308,630 $ 324,099 $ 273,705
Costs and expenses:      
Interest expense 115,400 126,828 141,699
Depreciation and amortization 7,072 7,327 7,176
General and administrative 131,703 100,879 98,609
(Recovery of) provision for loan losses (8,085) 8,866 6,482
Impairment of assets 678 5,791 10,948
Other expense 8,114 569 13,120
Total costs and expenses 472,837 474,070 455,534
Income from sales of real estate 26,319 6,318 11,969
Income (loss) from operations before earnings from equity method investments and other items (137,888) (143,653) (169,860)
Loss on early extinguishment of debt, net   (12,038) (27,724)
Earnings from equity method investments 154,344 39,472 42,378
Selling profit from sales-type leases 25,034   180,416
Net income (loss) from continuing operations before income taxes 16,456 (116,219) (155,206)
Income tax benefit (expense) 118 (89) (369)
Net income (loss) from continuing operations 16,574 (116,308) (155,575)
Net income (loss) from discontinued operations [1] 121,452 85,455 489,900
Net income (loss) 138,026 (30,853) 334,325
Net loss (income) from continuing operations attributable to noncontrolling interests 75 (337) 447
Net (income) from discontinued operations attributable to noncontrolling interests (5,620) (11,251) (10,730)
Net income (loss) attributable to iStar Inc. 132,481 (42,441) 324,042
Net income (loss) allocable to common shareholders - Basic $ 108,985 $ (65,937) $ 291,547
Per common share data:      
Net income (loss) allocable to common shareholders - Basic $ 1.51 $ (0.87) $ 4.51
Net income (loss) allocable to common shareholders - Diluted 1.51 (0.87) 4.51
Net loss from continuing operations and allocable to common shareholders:      
Basic (in dollars per share) (0.10) (1.85) (2.90)
Diluted (in dollars per share) (0.10) (1.85) (2.90)
Net income from discontinued operations, net:      
Basic (in dollars per share) 1.61 0.98 7.41
Diluted (in dollars per share) $ 1.61 $ 0.98 $ 7.41
Weighted average number of common shares:      
Basic (in shares) 71,831 75,684 64,696
Diluted (in shares) 71,831 75,684 64,696
Operating lease income      
Revenues:      
Total revenues $ 16,824 $ 24,276 $ 32,294
Interest income      
Revenues:      
Total revenues 31,229 56,676 75,636
Interest income from sales-type leases      
Revenues:      
Total revenues 1,215    
Other income      
Revenues:      
Total revenues 70,259 78,445 46,180
Land development revenue      
Revenues:      
Total revenues 189,103 164,702 119,595
Costs and expenses:      
Cost of sales expense 171,961 177,727 109,663
Real estate expense      
Costs and expenses:      
Cost of sales expense $ 45,994 $ 46,083 $ 67,837
[1] Refer to Note 3 – Net Lease Sale and Discontinued Operations.