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Combined and Consolidated Statements of Changes in Equity - USD ($)
$ in Thousands
Common Stock
Additional Paid-In Capital
Accumulated Deficit
Net Parent Investment
Accumulated Other Comprehensive Income (Loss)
Noncontrolling Interests
Total
Beginning Balance at Dec. 31, 2021       $ 1,223,695   $ 689 $ 1,224,384
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss)       (3,899)   46 (3,853)
Change in accumulated other comprehensive income (loss)       3,610     3,610
Stock-based compensation       (13,166)     (13,166)
Net transactions with iStar Inc.       (69,056)     (69,056)
Ending Balance at Sep. 30, 2022       1,141,184   735 1,141,919
Beginning Balance at Jun. 30, 2022       1,152,778   678 1,153,456
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss)       17,511   57 17,568
Change in accumulated other comprehensive income (loss)       5,106     5,106
Stock-based compensation       (176)     (176)
Net transactions with iStar Inc.       (34,035)     (34,035)
Ending Balance at Sep. 30, 2022       1,141,184   735 1,141,919
Beginning Balance at Dec. 31, 2022       971,543   726 972,269 [1]
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss)     $ (262,575) 85   58 (262,432)
Change in accumulated other comprehensive income (loss)       (989) $ (139)   (1,128)
Stock-based compensation       1,778     1,778
Change to noncontrolling interest           (23) (23)
Common shares issued in conjunction with Spin-Off (refer to Note 1) $ 13 $ 607,623   (607,636)      
Net transactions with iStar Inc.       $ (364,781)     (364,781)
Contributions from noncontrolling interests           3,098 3,098
Ending Balance at Sep. 30, 2023 13 607,623 (262,575)   (139) 3,859 348,781 [1]
Beginning Balance at Jun. 30, 2023 13 607,623 (180,761)     3,803 430,678
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss)     (81,814)     56 (81,758)
Change in accumulated other comprehensive income (loss)         (139)   (139)
Ending Balance at Sep. 30, 2023 $ 13 $ 607,623 $ (262,575)   $ (139) $ 3,859 $ 348,781 [1]
[1] Refer to Note 2 for details on the Company’s combined and consolidated variable interest entities (“VIEs”).