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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Real estate    
Real estate, at cost [1] $ 111,719 $ 113,510
Less: accumulated depreciation [1] (22,575) (21,360)
Real estate, net [1] 89,144 92,150
Real estate available and held for sale [1] 1,283 301
Total real estate [1] 90,427 92,451
Real estate and other assets available and held for sale and classified as discontinued operations [1],[2] 11,925 2,299,711
Net investment in leases ($0 of allowances as of December 31, 2021) 0 43,215 [1]
Land and development, net [1] 248,246 286,810
Loans receivable and other lending investments, net ($2,890 and $4,769 of allowances as of September 30, 2022 and December 31, 2021, respectively) [1] 176,623 332,844
Loan receivable held for sale [1]   43,215
Other investments [1] 1,605,268 1,297,281
Cash and cash equivalents [1] 1,335,722 339,601
Accrued interest and operating lease income receivable, net [1] 1,035 1,813
Deferred operating lease income receivable, net [1] 2,842 3,159
Deferred expenses and other assets, net [1] 50,044 100,434
Total assets [1] 3,522,132 4,840,534
Liabilities:    
Accounts payable, accrued expenses and other liabilities [1] 140,876 236,732
Liabilities associated with real estate held for sale and classified as discontinued operations [1],[2] 2,918 968,419
Liabilities associated with properties held for sale [1]   3
Debt obligations, net [1] 1,680,708 2,572,174
Total liabilities [1] 1,824,502 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, 86,695 and 68,870 shares issued and outstanding as of September 30, 2022 and December 31, 2021, respectively [1] 87 69
Additional paid-in capital [1] 3,457,961 3,100,015
Accumulated deficit [1] (1,772,843) (2,227,213)
Accumulated other comprehensive loss [1] (4,898) (21,587)
Total iStar Inc. shareholders' equity [1] 1,680,319 851,296
Noncontrolling interests [1] 17,311 211,910
Total equity [1] 1,697,630 1,063,206
Total liabilities and equity [1] $ 3,522,132 $ 4,840,534
[1] Refer to Note 2 for details on the Company’s consolidated variable interest entities (“VIEs”).
[2] Refer to Note 3 - Net Lease Sale and Discontinued Operations.