XML 80 R70.htm IDEA: XBRL DOCUMENT v3.25.1
Related Party Transactions - Star Holdings (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended 24 Months Ended
Mar. 28, 2025
Mar. 31, 2023
Mar. 31, 2025
Mar. 31, 2024
Mar. 31, 2025
Mar. 31, 2024
Mar. 31, 2025
Apr. 30, 2023
Selling stockholder sales agreement | Maximum                
Related Party Transaction [Line Items]                
Aggregate number of shares               1,000,000
Star Holdings | Affiliated entity                
Related Party Transaction [Line Items]                
Management fees recorded     $ 3.6 $ 5.5     $ 39.8  
Star Holdings | Safehold Inc.                
Related Party Transaction [Line Items]                
Ownership percentage     18.90%   18.90%   18.90%  
Star Holdings | Spinco Manager | Affiliated entity                
Related Party Transaction [Line Items]                
Management fees         $ 15.0 $ 25.0    
Annual management fee - Year 3 $ 10.0              
Annual management fee - Year 4 $ 7.5 $ 5.0            
Annual management fee percent of gross book value, year five and thereafter 2.00%              
Management agreement initial term   1 year            
Management agreement renewal term   1 year            
Notice required to terminate management agreement without cause   180 days            
Percentage approval of independent directors to terminate management agreement without cause   66.70%            
Notice required to terminate management agreement with cause   30 days            
Termination fee, termination without cause $ 55.0 $ 50.0            
Termination fee due to liquidation of consolidated assets after third anniversary of agreement   0.0            
Termination fee due to reduction in consolidated assets - Year 3   $ 5.0