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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Real estate    
Real estate, at cost [1] $ 113,679 $ 113,510
Less: accumulated depreciation [1] (22,245) (21,360)
Real estate, net [1] 91,434 92,150
Real estate available and held for sale [1] 301 301
Total real estate [1] 91,735 92,451
Real estate and other assets available and held for sale and classified as discontinued operations 226,309 2,299,711
Net investment in leases ($281 and $0 of allowances as of March 31, 2022 and December 31, 2021, respectively) 28,131 43,215
Land and development, net [1] 277,421 286,810
Loans receivable and other lending investments, net ($4,932 and $4,769 of allowances as of March 31, 2022 and December 31, 2021, respectively) [1] 331,839 332,844
Loan receivable held for sale   43,215
Other investments [1] 1,526,019 1,297,281
Cash and cash equivalents [1] 1,500,203 339,601
Accrued interest and operating lease income receivable, net [1] 1,666 1,813
Deferred operating lease income receivable, net [1] 3,046 3,159
Deferred expenses and other assets, net [1] 97,682 100,434
Total assets [1] 4,084,051 4,840,534
Liabilities:    
Accounts payable, accrued expenses and other liabilities [1] 198,886 236,732
Liabilities associated with real estate held for sale and classified as discontinued operations 15,963 968,419
Liabilities associated with properties held for sale [1]   3
Debt obligations, net [1] 2,084,252 2,572,174
Total liabilities [1] 2,299,101 3,777,328
Commitments and contingencies (refer to Note 11) [1]
iStar Inc. shareholders' equity:    
Preferred Stock Series D, G and I, liquidation preference $25.00 per share [1] 12 12
Common Stock, $0.001 par value, 200,000 shares authorized, 69,096 and 68,870 shares issued and outstanding as of March 31, 2022 and December 31, 2021, respectively [1] 69 69
Additional paid-in capital [1] 3,100,665 3,100,015
Accumulated deficit [1] (1,625,086) (2,227,213)
Accumulated other comprehensive loss [1] (21,224) (21,587)
Total iStar Inc. shareholders' equity [1] 1,454,436 851,296
Noncontrolling interests [1] 330,514 211,910
Total equity [1] 1,784,950 1,063,206
Total liabilities and equity [1] $ 4,084,051 $ 4,840,534
[1] Refer to Note 2 for details on the Company’s consolidated variable interest entities (“VIEs”).