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Consolidated Statements of Operations (Parenthetical) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Interest income from sales-type leases [1] $ 235,503 $ 202,258 $ 118,824
Other Income [2] 38,645 1,238 523
General and administrative [3] 68,569 38,614 28,753
Ground Leases with iStar      
Interest income from sales-type leases   2,100 8,400
Expenses with Related Party, Equity Based Compensation      
General and administrative 31,600 $ 34,300 $ 24,100
Related party | Management fees      
Other Income $ 19,400    
[1] For the years ended December 31, 2022 and 2021, the Company recorded $2.1 million and $8.4 million, respectively, of “Interest income from sales-type leases” in its consolidated statements of operations from Ground Leases with iStar Inc. (“iStar”).
[2] For the year ended December 31, 2023, includes $19.4 million of management fees from related parties.
[3] For the years ended December 31, 2023, 2022 and 2021, includes $31.6 million, $34.3 million and $24.1 million, respectively, of general and administrative expenses incurred to related parties that includes management fees and expense reimbursements to the Former Manager (refer to Note 1) and equity-based compensation (including equity-based compensation to employees). For the year ended December 31, 2023, general and administrative expenses were partially offset by $19.4 million of management fees earned from Star Holdings (refer to Note 1), which are included in “Other income.”