Consolidated Balance Sheets - USD ($) $ in Thousands		Mar. 31, 2023	Dec. 31, 2022
ASSETS
Net investment in sales-type leases ($325 and $0 of allowances as of March 31, 2023 and December 31, 2022, respectively)	[1]	$ 3,139,831	$ 3,106,599
Ground Lease receivables, net ($195 and $0 of allowances as of March 31, 2023 and December 31, 2022, respectively)	[1]	1,431,478	1,374,716
Real estate, at cost	[1]	740,971	740,971
Less: accumulated depreciation	[1]	(35,878)	(34,371)
Real estate, net	[1]	705,093	706,600
Real estate-related intangible assets, net	[1]	216,120	217,795
Real estate available and held for sale		1,508
Total real estate, net, real estate-related intangible assets, net and real estate available and held for sale	[1]	922,721	924,395
Loans receivable, net - related party ($2,300 of allowances as of March 31, 2023)	[1]	112,150
Equity investments	[1]	243,490	180,388
Goodwill	[1]	155,797
Cash and cash equivalents	[1]	20,335	20,066
Restricted cash	[1]	27,954	28,324
Deferred operating lease income receivable	[1]	156,697	148,870
Deferred expenses and other assets, net	[1],[2]	80,109	67,564
Total assets	[1]	6,290,562	5,850,922
Liabilities:
Accounts payable, accrued expenses and other liabilities	[1],[3]	126,204	100,357
Real estate-related intangible liabilities, net	[1]	64,382	64,591
Debt obligations, net	[1]	3,901,838	3,521,359
Total liabilities	[1]	4,092,424	3,686,307
Commitments and contingencies (refer to Note 9)	[1]
Redeemable noncontrolling interests (refer to Note 3)	[1]	19,011	19,011
Safehold Inc. shareholders' equity:
Common stock, $0.01 par value, 400,000 shares authorized, 63,930 and 62,397 shares issued and outstanding as of March 31, 2023 and December 31, 2022, respectively	[1]	639	624
Additional paid-in capital	[1]	2,031,026	1,986,417
Retained earnings	[1]	144,164	151,226
Accumulated other comprehensive income (loss)	[1]	(24,200)	3,281
Total Safehold Inc. shareholders' equity	[1]	2,151,629	2,141,548
Noncontrolling interests	[1]	27,498	4,056
Total equity	[1]	2,179,127	2,145,604
Total liabilities, redeemable noncontrolling interests and equity	[1]	$ 6,290,562	$ 5,850,922

[1] Refer to Note 2 for details on the Company’s consolidated variable interest entities (“VIEs”).

[2] As of March 31, 2023, includes $2.9 million due from related parties.

[3] As of March 31, 2023 and December 31, 2022, includes $0.8 million and $8.5 million, respectively, due to related parties.