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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenues:    
Total revenues $ 31,953 $ 59,984
Costs and expenses:    
Interest expense 29,243 28,809
Depreciation and amortization 1,357 2,401
General and administrative 1,375 21,439
Provision for (recovery of) loan losses 135 (3,642)
Provision for losses on net investment in leases 281 0
Impairment of assets 0 257
Other expense 930 253
Total costs and expenses 57,934 87,559
Income from sales of real estate 492 612
Loss from operations before earnings from equity method investments and other items (25,489) (26,963)
Loss on early extinguishment of debt, net (1,428) 0
Earnings from equity method investments 25,032 11,768
Loss from continuing operations before income taxes (1,885) (15,195)
Income tax (expense) benefit (3) 698
Net loss from continuing operations (1,888) (14,497)
Net income from discontinued operations 797,688 22,486
Net income 795,800 7,989
Net loss from continuing operations attributable to noncontrolling interests 18 44
Net income from discontinued operations attributable to noncontrolling interests (179,089) (2,564)
Net income attributable to iStar Inc. 616,729 5,469
Preferred dividends (5,874) (5,874)
Net income (loss) allocable to common shareholders - Basic $ 610,855 $ (405)
Per common share data:    
Net income (loss) allocable to common shareholders - Basic $ 8.85 $ (0.01)
Net income (loss) allocable to common shareholders - Diluted 8.85 (0.01)
Net loss from continuing operations and allocable to common shareholders:    
Basic (in dollars per share) (0.11) (0.28)
Diluted (in dollars per share) (0.11) (0.28)
Net income from discontinued operations and allocable to common shareholders    
Basic (in dollars per share) 8.96 0.27
Diluted (in dollars per share) $ 8.96 $ 0.27
Weighted average number of common shares:    
Basic (in shares) 69,037 73,901
Diluted (in shares) 69,037 73,901
Operating lease income    
Revenues:    
Total revenues $ 3,109 $ 4,931
Interest income    
Revenues:    
Total revenues 4,948 9,789
Interest income from sales-type leases    
Revenues:    
Total revenues 356  
Other income    
Revenues:    
Total revenues 8,640 13,015
Land development revenue    
Revenues:    
Total revenues 14,900 32,249
Costs and expenses:    
Cost of sales expense 14,496 29,323
Real estate expense    
Costs and expenses:    
Cost of sales expense $ 10,117 $ 8,719