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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Revenues:        
Total revenues $ 145,338 $ 122,141 $ 350,608 $ 657,956
Costs and expenses:        
Interest expense 46,522 47,219 136,851 135,572
Depreciation and amortization 14,199 19,979 43,586 41,857
General and administrative 24,110 21,613 72,512 73,655
(Recovery of) provision for loan losses (3,805) 200 (3,792) 18,237
Impairment of assets 0 989 4,953 11,177
Other expense 407 298 12,798 5,180
Total costs and expenses 152,721 134,699 409,858 710,070
Income from sales of real estate 3,476 5,409 233,406 79,353
Income (loss) from operations before earnings from equity method investments and other items (3,907) (7,149) 174,156 27,239
Loss on early extinguishment of debt, net 0 (911) (468) (3,447)
Earnings (losses) from equity method investments 7,617 (635) 16,566 (4,581)
Selling profit from sales-type leases 0   180,416  
Gain on consolidation of equity method investment 0 0 0 67,877
Net income (loss) before income taxes 3,710 (8,695) 370,670 87,088
Income tax expense (84) (137) (323) (386)
Net income (loss) 3,626 (8,832) 370,347 86,702
Net (income) attributable to noncontrolling interests (2,845) (2,028) (8,168) (11,632)
Net income (loss) attributable to iStar Inc. 781 (10,860) 362,179 75,070
Preferred dividends (8,124) (8,124) (24,372) (24,372)
Net income (loss) allocable to common shareholders $ (7,343) $ (18,984) $ 337,807 $ 50,698
Net income (loss) allocable to common shareholders:        
Basic (in dollars per share) $ (0.12) $ (0.28) $ 5.23 $ 0.75
Diluted (in dollars per share) $ (0.12) $ (0.28) $ 4.26 $ 0.69
Weighted average number of common shares:        
Basic (in shares) 62,168 67,975 64,624 67,940
Diluted (in shares) 62,168 67,975 80,876 83,729
Operating lease income        
Revenues:        
Total revenues $ 44,110 $ 59,109 $ 158,210 $ 149,516
Interest income        
Revenues:        
Total revenues 19,701 22,915 60,417 74,824
Interest income from sales-type leases        
Revenues:        
Total revenues 8,339 0 12,157 0
Other income        
Revenues:        
Total revenues 18,270 27,808 43,133 63,951
Real estate        
Costs and expenses:        
Cost of sales expense 23,187 32,287 71,165 105,511
Land development        
Revenues:        
Total revenues 54,918 12,309 76,691 369,665
Costs and expenses:        
Cost of sales expense $ 48,101 $ 12,114 $ 71,785 $ 318,881