XML 14 R5.htm IDEA: XBRL DOCUMENT v3.23.2
Consolidated Statements of Operations (Parenthetical) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Interest income from sales-type leases [1] $ 58,158 $ 48,247 $ 115,220 $ 91,278
Other Income [2] 8,372 185 8,738 551
General and administrative [3] 18,916 10,458 33,983 19,651
Related party        
Interest income from sales-type leases       2,100
General and administrative 8,000 $ 9,500 21,000 $ 17,400
Related party | Management fees        
Other Income $ 7,200   $ 7,200  
[1] For the six months ended June 30, 2022, the Company recorded $2.1 million of “Interest income from sales-type leases” in its consolidated statements of operations from Ground Leases with iStar Inc. (“iStar”).
[2] For the three and six months ended June 30, 2023, includes $7.2 million of management fees from related parties.
[3] For the three months ended June 30, 2023 and 2022, includes $8.0 million and $9.5 million, respectively, of general and administrative expenses incurred to related parties that includes management fees, expense reimbursements to the Former Manager (refer to Note 1) and equity-based compensation (including equity-based compensation to employees). For the six months ended June 30, 2023 and 2022, includes $21.0 million and $17.4 million, respectively, of general and administrative expenses incurred to related parties that includes management fees, expense reimbursements to the Former Manager (refer to Note 1) and equity-based compensation (including equity-based compensation to employees).