Safehold 10-K 27 Feb 17 2016 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Feb. 23, 2017	Jun. 30, 2016
Document and Entity Information [Abstract]
Entity Registrant Name	ISTAR INC.
Entity Central Index Key	1,095,651
Document Type	10-K
Document Period End Date	Dec. 31, 2016
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		72,042,468
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	FY
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Public Float			$ 673

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands		Dec. 31, 2016	Dec. 31, 2015
ASSETS
Real estate, at cost		$ 1,906,592	$ 2,050,541
Less: accumulated depreciation		(414,840)	(456,558)
Real estate, net		1,491,752	1,593,983
Real estate available and held for sale		83,764	137,274
Total real estate		1,575,516	1,731,257
Land and development, net		945,565	1,001,963
Loans receivable and other lending investments, net		1,450,439	1,601,985
Other investments		214,406	254,172
Cash and cash equivalents		328,744	711,101
Accrued interest and operating lease income receivable, net		14,775	18,436
Deferred operating lease income receivable, net		96,420	97,421
Deferred expenses and other assets, net		199,649	181,457
Total assets		4,825,514	5,597,792
Liabilities:
Accounts payable, accrued expenses and other liabilities		211,570	214,835
Loan participations payable, net		159,321	152,086
Debt obligations, net		3,389,908	4,118,823
Total liabilities		3,760,799	4,485,744
Commitments and contingencies (refer to Note 11)		0	0
Redeemable noncontrolling interests (refer to Note 5)		5,031	10,718
iStar Inc. shareholders' equity:
Common Stock, $0.001 par value, 200,000 shares authorized, 72,042 and 81,109 shares issued and outstanding as of December 31, 2016 and 2015, respectively		72	81
Additional paid-in capital		3,602,172	3,689,330
Retained earnings (deficit)		(2,581,488)	(2,625,474)
Accumulated other comprehensive income (loss) (refer to Note 13)		(4,218)	(4,851)
Total iStar Inc. shareholders' equity		1,016,564	1,059,112
Noncontrolling interests		43,120	42,218
Total equity		1,059,684	1,101,330
Total liabilities and equity		4,825,514	5,597,792
Series D, E, F, G and I Preferred Stock
iStar Inc. shareholders' equity:
Preferred Stock		22	22
Series J convertible perpetual preferred stock
iStar Inc. shareholders' equity:
Preferred Stock		4	4
Total equity	[1]	$ 4	$ 4
[1]	Refer to Note 13 for details on the Company's Preferred Stock.

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Dec. 31, 2016	Dec. 31, 2015
Common stock, par value (in dollars per share)	$ 0.001	$ 0.001
Common stock, shares authorized (in shares)	200,000,000	200,000,000
Common stock, shares issued (in shares)	72,042,000	81,109,000
Common stock, shares outstanding (in shares)	72,042,000	81,109,000
Series D, E, F, G and I Preferred Stock
Liquidation preference (in dollars per share)	$ 25	$ 25
Series J convertible perpetual preferred stock
Liquidation preference (in dollars per share)	$ 50	$ 50

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands		12 Months Ended
		Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Revenues:
Operating lease income		$ 213,018	$ 229,720	$ 243,100
Interest income		129,153	134,687	122,704
Other income		46,515	49,931	81,033
Land development revenue		88,340	100,216	15,191
Total revenues		477,026	514,554	462,028
Costs and expenses:
Interest expense		221,398	224,639	224,483
Real estate expense		138,422	146,750	163,389
Land development cost of sales		62,007	67,382	12,840
Depreciation and amortization		54,329	65,247	73,571
General and administrative		84,027	81,277	88,287
(Recovery of) provision for loan losses		(12,514)	36,567	(1,714)
Impairment of assets		14,484	10,524	34,634
Other expense		5,883	6,374	6,340
Total costs and expenses		568,036	638,760	601,830
Income (loss) before earnings from equity method investments and other items		(91,010)	(124,206)	(139,802)
Loss on early extinguishment of debt, net		(1,619)	(281)	(25,369)
Earnings from equity method investments		77,349	32,153	94,905
Income (loss) from operations before income taxes		(15,280)	(92,334)	(70,266)
Income tax benefit (expense)		10,166	(7,639)	(3,912)
Income (loss) from operations		(5,114)	(99,973)	(74,178)
Income from sales of real estate		105,296	93,816	89,943
Net income (loss)		100,182	(6,157)	15,765
Net (income) loss attributable to noncontrolling interests		(4,876)	3,722	704
Net income (loss) attributable to iStar Inc.		95,306	(2,435)	16,469
Preferred dividends		(51,320)	(51,320)	(51,320)
Net (income) loss allocable to HPU holders and Participating Security holders	[1],[2]	(14)	1,080	1,129
Net income (loss) allocable to common shareholders		$ 43,972	$ (52,675)	$ (33,722)
Income (loss) attributable to iStar Inc. from operations:
Basic (in dollars per share)		$ 0.60	$ (0.62)	$ (0.40)
Diluted (in dollars per share)		0.55	(0.62)	(0.40)
Net income (loss) attributable to iStar Inc.:
Basic (in dollars per share)		0.60	(0.62)	(0.40)
Diluted (in dollars per share)		$ 0.55	$ (0.62)	$ (0.40)
Weighted average number of common shares:
Basic (in shares)		73,453	84,987	85,031
Diluted (in shares)		98,467	84,987	85,031
Per HPU share data:
Income (loss) attributable to iStar Inc. from operations—Basic and diluted (in dollars per share)	[1]	$ 0	$ (120)	$ (75.27)
Net income (loss) attributable to iStar Inc.—Basic and diluted (in shares)	[1]	$ 0	$ (120)	$ (75.27)
Weighted average number of HPU share—Basic and diluted (in shares)	[1]	0	9	15
[1]	All of the Company's outstanding High Performance Units ("HPUs") were repurchased and retired on August 13, 2015 (refer to Note 13).
[2]	Participating Security holders are non-employee directors who hold common stock equivalents ("CSEs") and restricted stock awards granted under the Company's Long Term Incentive Plans that are eligible to participate in dividends (refer to Note 14 and Note 15).

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Statement of Comprehensive Income [Abstract]
Net income (loss)		$ 100,182	$ (6,157)	$ 15,765
Other comprehensive income (loss):
Reclassification of (gains)/losses on available-for-sale securities into earnings upon realization	[1]	0	(2,576)	(90)
Reclassification of (gains)/losses on cash flow hedges into earnings upon realization	[2]	598	921	4,116
Realization of (gains)/losses on cumulative translation adjustment into earnings upon realization	[3]	0	0	968
Unrealized gains/(losses) on available-for-sale securities		274	(532)	3,367
Unrealized gains/(losses) on cash flow hedges		(85)	(1,202)	(5,187)
Unrealized gains/(losses) on cumulative translation adjustment		(154)	(491)	131
Other comprehensive income (loss)		633	(3,880)	3,305
Comprehensive income (loss)		100,815	(10,037)	19,070
Comprehensive (income) loss attributable to noncontrolling interests		(4,876)	3,722	710
Comprehensive income (loss) attributable to iStar Inc.		$ 95,939	$ (6,315)	$ 19,780
[1]	Reclassified to "Other income" in the Company's consolidated statements of operations.
[2]	Reclassified to "Interest expense" in the Company's consolidated statements of operations are $217, $456 and $62 for the years ended December 31, 2016, 2015 and 2014, respectively. Reclassified to "Other Expense" in the Company's consolidated statements of operations is $3,634 for the year ended December 31, 2014 (refer to Note 12). Reclassified to "Earnings from equity method investments" in the Company's consolidated statements of operations are $381, $465 and $420, respectively, for the years ended December 31, 2016, 2015 and 2014.
[3]	Reclassified to "Earnings from equity method investments" in the Company's consolidated statements of operations.

Consolidated Statements of Com6

Consolidated Statements of Comprehensive Income (Loss) (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Interest expense	$ 221,398	$ 224,639	$ 224,483
Other expense	5,883	6,374	6,340
Earnings from equity method investments	(77,349)	(32,153)	(94,905)
Reclassification out of Accumulated Other Comprehensive Income [Member]
Interest expense	217	456	62
Other expense			3,634
Earnings from equity method investments	$ 381	$ 465	$ 420

Consolidated Statements of Chan

Consolidated Statements of Changes in Equity - USD ($) $ in Thousands		Total	Series J Preferred Stock	[1]	HPU's	[2]	Preferred Stock	[1]	Common Stock at Par	Additional Paid-In Capital	Retained Earnings (Deficit)	Accumulated Other Comprehensive Income (Loss)	Noncontrolling Interests
Beginning Balance at Dec. 31, 2013		$ 1,301,465	$ 4		$ 9,800		$ 22		$ 83	$ 3,759,245	$ (2,521,618)	$ (4,276)	$ 58,205
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Dividends declared—preferred		(51,320)									(51,320)
Issuance of stock/restricted stock unit amortization, net		(13,089)							2	(13,091)
Net income (loss) for the period	[3]	17,690									16,469		1,221
Change in accumulated other comprehensive income (loss)		3,305										3,305
Change in additional paid in capital attributable to noncontrolling interests(5)		(1,533)								(1,533)
Contributions from noncontrolling interests	[4]	565											565
Distributions to noncontrolling interests		(4,820)											(4,820)
Change in noncontrolling interests	[5]	(3,915)											(3,915)
Ending Balance at Dec. 31, 2014		1,248,348	4		9,800		22		85	3,744,621	(2,556,469)	(971)	51,256
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Dividends declared—preferred		(51,320)									(51,320)
Issuance of stock/restricted stock unit amortization, net		4,961								4,961
Net income (loss) for the period	[3]	(2,701)									(2,435)		(266)
Change in accumulated other comprehensive income (loss)		(3,880)										(3,880)
Repurchase of stock		(70,416)							(5)	(70,411)
Redemption of HPUs		(9,811)			(9,800)				1	15,238	(15,250)
Change in additional paid in capital attributable to noncontrolling interests(5)	[4]	(5,079)								(5,079)
Contributions from noncontrolling interests		205											205
Distributions to noncontrolling interests	[4]	(8,977)											(8,977)
Ending Balance at Dec. 31, 2015		1,101,330	4		0		22		81	3,689,330	(2,625,474)	(4,851)	42,218
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Dividends declared—preferred		(51,320)									(51,320)
Issuance of stock/restricted stock unit amortization, net		2,031								2,031
Issuance of common stock for conversion of senior unsecured convertible notes		9,596							1	9,595
Net income (loss) for the period	[3]	106,233									95,306		10,927
Change in accumulated other comprehensive income (loss)		633										633
Repurchase of stock		(98,429)							(10)	(98,419)
Change in additional paid in capital attributable to noncontrolling interests(5)	[6]	(365)								(365)
Contributions from noncontrolling interests		790											790
Distributions to noncontrolling interests	[6]	(10,815)											(10,815)
Ending Balance at Dec. 31, 2016		$ 1,059,684	$ 4		$ 0		$ 22		$ 72	$ 3,602,172	$ (2,581,488)	$ (4,218)	$ 43,120
[1]	Refer to Note 13 for details on the Company's Preferred Stock.
[2]	All of the Company's outstanding HPUs were repurchased and retired on August 13, 2015 (refer to Note 13).
[3]	For the years ended December 31, 2016, 2015 and 2014 net income (loss) shown above excludes $(6,051), $(3,456) and $(1,925) of net loss attributable to redeemable noncontrolling interests.
[4]	Includes a $6.4 million payment to acquire a noncontrolling interest (refer to Note 4).
[5]	During the year ended December 31, 2014, the Company sold its 72% interest in a previously consolidated entity to one of its unconsolidated ventures (refer to Note 4 and Note 7).
[6]	Includes payments of $10.8 million to acquire a noncontrolling interest (refer to Note 5).

Consolidated Statements of Cha8

Consolidated Statements of Changes in Equity (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Net loss attributable to redeemable noncontrolling interest	$ (6,051)	$ (3,456)	$ (1,925)
Noncontrolling interest, ownership percentage by parent	95.70%
Payment to redeem a noncontrolling interest	$ 10,800	$ 6,400
Payments to acquire noncontrolling interest	$ 10,800
iStar Net Lease I LLC | Net Lease
Noncontrolling interest, ownership percentage by parent			72.00%

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Cash flows from operating activities:
Net income (loss)	$ 100,182	$ (6,157)	$ 15,765
Adjustments to reconcile net income (loss) to cash flows from operating activities:
(Recovery of) provision for loan losses	(12,514)	36,567	(1,714)
Impairment of assets	14,484	10,524	34,634
Depreciation and amortization	54,329	65,247	73,571
Payments for withholding taxes upon vesting of stock-based compensation	(1,451)	(1,718)	(21,250)
Non-cash expense for stock-based compensation	10,889	12,013	13,314
Amortization of discounts/premiums and deferred financing costs on debt obligations, net	16,810	17,352	16,891
Amortization of discounts/premiums on loans, net	(14,873)	(11,606)	(12,367)
Deferred interest on loans, net	22,396	(34,458)	(22,196)
Gain from sales of loans	0	0	(19,067)
Earnings from equity method investments	(77,349)	(32,153)	(94,905)
Distributions from operations of other investments	48,732	29,999	80,116
Deferred operating lease income	(9,921)	(7,950)	(8,492)
Income from sales of real estate and development revenue in excess of cost of sales	(105,296)	(93,816)	(89,943)
Loss on early extinguishment of debt, net	1,619	281	25,369
Debt discount on repayments and repurchases of debt obligations	(5,381)	(578)	(14,888)
Other operating activities, net	6,897	5,889	6,751
Changes in assets and liabilities:
Changes in accrued interest and operating lease income receivable, net	3,634	(2,068)	(1,426)
Changes in deferred expenses and other assets, net	(6,397)	2,631	4,601
Changes in accounts payable, accrued expenses and other liabilities, net	(453)	(17,112)	7,245
Cash flows provided by (used in) operating activities	20,004	(59,947)	(10,342)
Cash flows from investing activities:
Originations and fundings of loans receivable, net	(410,975)	(478,822)	(622,428)
Capital expenditures on real estate assets	(69,810)	(81,525)	(68,464)
Capital expenditures on land and development assets	(103,806)	(88,219)	(74,323)
Acquisitions of real estate assets	(38,433)	0	(4,666)
Repayments of and principal collections on loans receivable and other lending investments, net	504,844	273,454	512,528
Net proceeds from sales of loans receivable	0	6,655	65,438
Net proceeds from sales of real estate	435,560	362,530	404,336
Net proceeds from sale of other investments	94,424	81,601	15,191
Net proceeds from sale of other investments	43,936	0	0
Distributions from other investments	92,482	119,854	61,031
Contributions to other investments	(58,197)	(11,531)	(159,424)
Changes in restricted cash held in connection with investing activities	1,515	(7,550)	29,283
Other investing activities, net	(24,997)	7,581	1,291
Cash flows provided by investing activities	466,543	184,028	159,793
Cash flows from financing activities:
Borrowings from debt obligations	716,001	549,000	1,349,822
Repayments and repurchases of debt obligations	(1,437,557)	(432,383)	(1,471,174)
Proceeds from loan participations payable	22,844	138,075	0
Preferred dividends paid	(51,320)	(51,320)	(51,320)
Repurchase of stock	(99,335)	(69,511)	0
Redemption of HPUs	0	(9,811)	0
Payments for deferred financing costs	(9,980)	(2,255)	(19,595)
Other financing activities, net	(9,564)	(7,314)	1,309
Cash flows provided by (used in) financing activities	(868,911)	114,481	(190,958)
Effect of exchange rate changes on cash	7	478	0
Changes in cash and cash equivalents	(382,357)	239,040	(41,507)
Cash and cash equivalents at beginning of period	711,101	472,061	513,568
Cash and cash equivalents at end of period	328,744	711,101	472,061
Supplemental disclosure of cash flow information:
Cash paid during the period for interest, net of amount capitalized	199,667	207,972	194,605
Supplemental disclosure of non-cash investing and financing activity:
Fundings and repayments of loan receivables and loan participations, net	(15,594)	14,075	0
Developer fee payable	9,478	7,435	6,791
Acquisitions of real estate and land and development assets through deed-in-lieu	40,583	13,424	77,867
Acquisitions of equity method investment assets through deed-in-lieu	0	0	23,500
Contributions of real estate and land and development assets to equity method investments, net	8,828	21,096	63,254
Accounts payable for capital expenditures on land and development assets	3,674	7,143	7,580
Accounts payable for capital expenditures on real estate assets	0	8,107	0
Conversion of senior unsecured convertible notes into common stock	9,596	0	0
Redemption of HPUs in exchange for common stock	0	15,240	0
Receivable from sales of real estate and land parcels	7,509	22,695	0
Land
Adjustments to reconcile net income (loss) to cash flows from operating activities:
Income from sales of real estate and development revenue in excess of cost of sales	$ (26,333)	$ (32,834)	$ (2,351)

Basis of Presentation and Princ

Basis of Presentation and Principles of Consolidation	12 Months Ended
	Dec. 31, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Business and Organization	Business and Organization Business —iStar Inc. (the "Company"), doing business as "iStar," finances, invests in and develops real estate and real estate related projects as part of its fully-integrated investment platform. The Company has invested more than $35 billion over the past two decades and is structured as a real estate investment trust ("REIT") with a diversified portfolio focused on larger assets located in major metropolitan markets. The Company's primary business segments are real estate finance, land and development, net lease and operating properties (refer to Note 17 ). Organization —The Company began its business in 1993 through the management of private investment funds and became publicly traded in 1998. Since that time, the Company has grown through the origination of new investments, as well as through corporate acquisitions. Basis of Presentation and Principles of Consolidation Basis of Presentation —The accompanying audited consolidated financial statements have been prepared in conformity with generally accepted accounting principles in the United States of America ("GAAP") for complete financial statements. The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the dates of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates. Certain prior year amounts have been reclassified in the Company's consolidated financial statements and the related notes to conform to the current period presentation. Principles of Consolidation —The consolidated financial statements include the financial statements of the Company, it's wholly owned subsidiaries, controlled partnerships and variable interest entities ("VIEs") for which the Company is the primary beneficiary. All significant intercompany balances and transactions have been eliminated in consolidation. The Company's involvement with VIEs affects its financial performance and cash flows primarily through amounts recorded in "Operating lease income," "Interest income," "Earnings from equity method investments," "Real estate expense" and "Interest expense" in the Company's consolidated statements of operations. The Company has not provided financial support to those VIEs that it was not previously contractually required to provide. Consolidated VIEs —As of December 31, 2016 , the Company consolidates VIEs for which it is considered the primary beneficiary. As of December 31, 2016 , the total assets of these consolidated VIEs were $450.3 million and total liabilities were $82.1 million . The classifications of these assets are primarily within "Land and development, net" and "Real estate, net" on the Company's consolidated balance sheets. The classifications of liabilities are primarily within "Accounts payable, accrued expenses and other liabilities" and "debt obligations, net" on the Company's consolidated balance sheets. The liabilities of these VIEs are non-recourse to the Company and can only be satisfied from each VIE's respective assets. The Company did not have any unfunded commitments related to consolidated VIEs as of December 31, 2016 . Unconsolidated VIEs —As of December 31, 2016 , the Company has investments in VIEs where it is not the primary beneficiary, and accordingly, the VIEs have not been consolidated in the Company's consolidated financial statements. As of December 31, 2016 , the Company's maximum exposure to loss from these investments does not exceed the sum of the $47.2 million carrying value of the investments, which are classified in "Other investments" and "Loans receivable and other lending investments, net" on the Company's consolidated balance sheets, and $57.5 million of related unfunded commitments.

Business and Organization

Business and Organization	12 Months Ended
	Dec. 31, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Business and Organization	Business and Organization Business —iStar Inc. (the "Company"), doing business as "iStar," finances, invests in and develops real estate and real estate related projects as part of its fully-integrated investment platform. The Company has invested more than $35 billion over the past two decades and is structured as a real estate investment trust ("REIT") with a diversified portfolio focused on larger assets located in major metropolitan markets. The Company's primary business segments are real estate finance, land and development, net lease and operating properties (refer to Note 17 ). Organization —The Company began its business in 1993 through the management of private investment funds and became publicly traded in 1998. Since that time, the Company has grown through the origination of new investments, as well as through corporate acquisitions. Basis of Presentation and Principles of Consolidation Basis of Presentation —The accompanying audited consolidated financial statements have been prepared in conformity with generally accepted accounting principles in the United States of America ("GAAP") for complete financial statements. The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the dates of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates. Certain prior year amounts have been reclassified in the Company's consolidated financial statements and the related notes to conform to the current period presentation. Principles of Consolidation —The consolidated financial statements include the financial statements of the Company, it's wholly owned subsidiaries, controlled partnerships and variable interest entities ("VIEs") for which the Company is the primary beneficiary. All significant intercompany balances and transactions have been eliminated in consolidation. The Company's involvement with VIEs affects its financial performance and cash flows primarily through amounts recorded in "Operating lease income," "Interest income," "Earnings from equity method investments," "Real estate expense" and "Interest expense" in the Company's consolidated statements of operations. The Company has not provided financial support to those VIEs that it was not previously contractually required to provide. Consolidated VIEs —As of December 31, 2016 , the Company consolidates VIEs for which it is considered the primary beneficiary. As of December 31, 2016 , the total assets of these consolidated VIEs were $450.3 million and total liabilities were $82.1 million . The classifications of these assets are primarily within "Land and development, net" and "Real estate, net" on the Company's consolidated balance sheets. The classifications of liabilities are primarily within "Accounts payable, accrued expenses and other liabilities" and "debt obligations, net" on the Company's consolidated balance sheets. The liabilities of these VIEs are non-recourse to the Company and can only be satisfied from each VIE's respective assets. The Company did not have any unfunded commitments related to consolidated VIEs as of December 31, 2016 . Unconsolidated VIEs —As of December 31, 2016 , the Company has investments in VIEs where it is not the primary beneficiary, and accordingly, the VIEs have not been consolidated in the Company's consolidated financial statements. As of December 31, 2016 , the Company's maximum exposure to loss from these investments does not exceed the sum of the $47.2 million carrying value of the investments, which are classified in "Other investments" and "Loans receivable and other lending investments, net" on the Company's consolidated balance sheets, and $57.5 million of related unfunded commitments.

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2016
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Summary of Significant Accounting Policies Real estate and land and development— Real estate and land and development assets are recorded at cost less accumulated depreciation and amortization, as follows: Capitalization and depreciation— Certain improvements and replacements are capitalized when they extend the useful life of the asset. For real estate projects, the Company begins to capitalize qualified development and construction costs, including interest, real estate taxes, compensation and certain other carrying costs incurred which are specifically identifiable to a development project once activities necessary to get the asset ready for its intended use have commenced. If specific allocation of costs is not practicable, the Company will allocate costs based on relative fair value prior to construction or relative sales value, relative size or other methods as appropriate during construction. The Company’s policy for interest capitalization on qualifying real estate assets is to use the average amount of accumulated expenditures during the period the asset is being prepared for its intended use, which is typically when physical construction commences, and a capitalization rate which is derived from specific borrowings on the qualifying asset or the Company’s corporate borrowing rate in the absence of specific borrowings. The Company ceases capitalization on the portions substantially completed and ready for their intended use. Repairs and maintenance costs are expensed as incurred. Depreciation is computed using the straight-line method of cost recovery over the estimated useful life, which is generally 40 years for facilities, five years for furniture and equipment, the shorter of the remaining lease term or expected life for tenant improvements and the remaining useful life of the facility for facility improvements. Purchase price allocation— Upon acquisition of real estate, the Company determines whether the transaction is a business combination, which is accounted for under the acquisition method, or an acquisition of assets. For both types of transactions, the Company recognizes and measures identifiable assets acquired, liabilities assumed and any noncontrolling interest in the acquiree based on their relative fair values. For business combinations, the Company recognizes and measures goodwill or gain from a bargain purchase, if applicable, and expenses acquisition-related costs in the periods in which the costs are incurred and the services are received. For acquisitions of assets, acquisition-related costs are capitalized and recorded in "Real estate, net" on the Company's consolidated balance sheets. The Company accounts for its acquisition of properties by recording the purchase price of tangible and intangible assets and liabilities acquired based on their estimated fair values. The value of the tangible assets, consisting of land, buildings, building improvements and tenant improvements is determined as if these assets are vacant. Intangible assets may include the value of lease incentive assets, above-market leases and in-place leases which are each recorded at their estimated fair values and included in “Deferred expenses and other assets, net” on the Company's consolidated balance sheets. Intangible liabilities may include the value of below-market leases, which are recorded at their estimated fair values and included in “Accounts payable, accrued expenses and other liabilities” on the Company's consolidated balance sheets. In-place leases are amortized over the remaining non-cancelable term and the amortization expense is included in "Depreciation and amortization" in the Company's consolidated statements of operations. Lease incentive assets and above-market (or below-market) lease value is amortized as a reduction of (or, increase to) operating lease income over the remaining non-cancelable term of each lease plus any renewal periods with fixed rental terms that are considered to be below-market. The Company may also engage in sale/leaseback transactions and execute leases with the occupant simultaneously with the purchase of the asset. These transactions are accounted for as asset acquisitions. Impairments— The Company reviews real estate assets to be held and used and land and development assets, for impairment in value whenever events or changes in circumstances indicate that the carrying amount of such assets may not be recoverable. The value of a long-lived asset held for use and land and development assets are impaired only if management's estimate of the aggregate future cash flows (undiscounted and without interest charges) to be generated by the asset (taking into account the anticipated holding period of the asset) is less than the carrying value. Such estimate of cash flows considers factors such as expected future operating income trends, as well as the effects of demand, competition and other economic factors. To the extent impairment has occurred, the loss will be measured as the excess of the carrying amount of the property over the estimated fair value of the asset and reflected as an adjustment to the basis of the asset. Impairments of real estate assets and land and development assets are recorded in "Impairment of assets" in the Company's consolidated statements of operations. Real estate available and held for sale— The Company reports real estate assets to be sold at the lower of their carrying amount or estimated fair value less costs to sell and classifies them as “Real estate available and held for sale” on the Company's consolidated balance sheets. If the estimated fair value less costs to sell is less than the carrying value, the difference will be recorded as an impairment charge. Impairment for real estate assets disposed of or classified as held for sale are included in "Impairment of assets" in the Company's consolidated statements of operations. Once a real estate asset is classified as held for sale, depreciation expense is no longer recorded. If circumstances arise that were previously considered unlikely and, as a result the Company decides not to sell a property previously classified as held for sale, the property is reclassified as held and used and included in "Real estate, net" on the Company's consolidated balance sheets. The Company measures and records a property that is reclassified as held and used at the lower of (i) its carrying amount before the property was classified as held for sale, adjusted for any depreciation expense that would have been recognized had the property been continuously classified as held and used, or (ii) the estimated fair value at the date of the subsequent decision not to sell. Dispositions— Revenue from sales of land and development assets and gains or losses on the sale of real estate assets, including residential property, are recognized in accordance with Accounting Standards Codification ("ASC") 360-20 , Real Estate Sales . Sales of land and the associated gains on sales of residential property are recognized for full profit recognition upon closing of the sale transactions, when the profit is determinable, the earnings process is virtually complete, the parties are bound by the terms of the contract, all consideration has been exchanged, any permanent financing for which the seller is responsible has been arranged and all conditions for closing have been performed. The Company primarily uses specific identification and the relative sales value method to allocate costs. Gains on sales of real estate are included in "Income from sales of real estate" in the Company's consolidated statements of operations. Loans receivable and other lending investments, net — Loans receivable and other lending investments, net includes the following investments: senior mortgages, corporate/partnership loans, subordinate mortgages, preferred equity investments and debt securities. Management considers nearly all of its loans to be held-for-investment, although certain investments may be classified as held-for-sale or available-for-sale. Loans receivable classified as held-for-investment and debt securities classified as held-to-maturity are reported at their outstanding unpaid principal balance, and include unamortized acquisition premiums or discounts and unamortized deferred loan costs or fees. These loans and debt securities also include accrued and paid-in-kind interest and accrued exit fees that the Company determines are probable of being collected. Debt securities classified as available-for-sale are reported at fair value with unrealized gains and losses included in "Accumulated other comprehensive income (loss)" on the Company's consolidated balance sheets. Loans receivable and other lending investments designated for sale are classified as held-for-sale and are carried at lower of amortized historical cost or estimated fair value. The amount by which carrying value exceeds fair value is recorded as a valuation allowance. Subsequent changes in the valuation allowance are included in the determination of net income (loss) in the period in which the change occurs. For held-to-maturity and available-for-sale debt securities held in "Loans receivable and other lending investments, net," management evaluates whether the asset is other-than-temporarily impaired when the fair market value is below carrying value. The Company considers debt securities other-than-temporarily impaired if (1) the Company has the intent to sell the security, (2) it is more likely than not that it will be required to sell the security before recovery, or (3) it does not expect to recover the entire amortized cost basis of the security. If it is determined that an other-than-temporary impairment exists, the portion related to credit losses, where the Company does not expect to recover its entire amortized cost basis, will be recognized as an "Impairment of assets" in the Company's consolidated statements of operations. If the Company does not intend to sell the security and it is more likely than not that the entity will not be required to sell the security, but the security has suffered a credit loss, the impairment charge will be separated. The credit loss component of the impairment will be recorded as an "Impairment of assets" in the Company's consolidated statements of operations, and the remainder will be recorded in "Accumulated other comprehensive income (loss)" on the Company's consolidated balance sheets. The Company acquires properties through foreclosure or by deed-in-lieu of foreclosure in full or partial satisfaction of non-performing loans. Based on the Company's strategic plan to realize the maximum value from the collateral received, property is classified as "Land and development, net," "Real estate, net" or "Real estate available and held for sale" at its estimated fair value when title to the property is obtained. Any excess of the carrying value of the loan over the estimated fair value of the property (less costs to sell for assets held for sale) is charged-off against the reserve for loan losses as of the date of foreclosure. Equity and cost method investments — Equity interests are accounted for pursuant to the equity method of accounting if the Company can significantly influence the operating and financial policies of an investee. This is generally presumed to exist when ownership interest is between 20% and 50% of a corporation, or greater than 5% of a limited partnership or certain limited liability companies. The Company's periodic share of earnings and losses in equity method investees is included in "Earnings from equity method investments" in the consolidated statements of operations. When the Company's ownership position is too small to provide such influence, the cost method is used to account for the equity interest. Equity and cost method investments are included in "Other investments" on the Company's consolidated balance sheets. To the extent that the Company contributes assets to an unconsolidated subsidiary, the Company’s investment in the subsidiary is recorded at the Company’s cost basis in the assets that were contributed to the unconsolidated subsidiary. To the extent that the Company’s cost basis is different from the basis reflected at the subsidiary level, when required, the basis difference is amortized over the life of the related assets and included in the Company’s share of equity in net income (loss) of the unconsolidated subsidiary, as appropriate. The Company recognizes gains on the contribution of real estate to unconsolidated subsidiaries, relating solely to the outside partner’s interest, to the extent the economic substance of the transaction is a sale. The Company recognizes a loss when it contributes property to an unconsolidated subsidiary and receives a disproportionately smaller interest in the subsidiary based on a comparison of the carrying amount of the property with the cash and other consideration contributed by the other investors. The Company periodically reviews equity method investments for impairment in value whenever events or changes in circumstances indicate that the carrying amount of such investments may not be recoverable. The Company will record an impairment charge to the extent that the estimated fair value of an investment is less than its carrying value and the Company determines the impairment is other-than-temporary. Impairment charges are recorded in "Earnings from equity method investments" in the Company's consolidated statements of operations. Cash and cash equivalents — Cash and cash equivalents include cash held in banks or invested in money market funds with original maturity terms of less than 90 days. Restricted cash — Restricted cash represents amounts required to be maintained under certain of the Company's debt obligations, loans, leasing, land development, sale and derivative transactions. Restricted cash is included in "Deferred expenses and other assets, net" on the Company's consolidated balance sheets. Variable interest entities — The Company evaluates its investments and other contractual arrangements to determine if they constitute variable interests in a VIE. A VIE is an entity where a controlling financial interest is achieved through means other than voting rights. A VIE is consolidated by the primary beneficiary, which is the party that has the power to direct matters that most significantly impact the activities of the VIE and has the obligation to absorb losses or the right to receive benefits of the VIE that could potentially be significant to the VIE. This overall consolidation assessment includes a review of, among other factors, which interests create or absorb variability, contractual terms, the key decision making powers, their impact on the VIE's economic performance, and related party relationships. Where qualitative assessment is not conclusive, the Company performs a quantitative analysis. The Company reassesses its evaluation of the primary beneficiary of a VIE on an ongoing basis and assesses its evaluation of an entity as a VIE upon certain reconsideration events. Deferred expenses and other assets — Deferred expenses and other assets include certain non-tenant receivables, leasing costs, lease incentives and financing fees associated with revolving-debt arrangements. Financing fees associated with other debt obligations are recorded as a reduction of the carrying value of "Debt obligations, net" and "Loan participations payable, net" on the Company's consolidated balance sheets. Leasing costs include brokerage, legal and other costs which are amortized over the life of the respective leases and presented as an operating activity in the Company's consolidated statements of cash flows. External fees and costs incurred to obtain long-term debt financing have been deferred and are amortized over the term of the respective borrowing using the effective interest method. Amortization of leasing costs is included in "Depreciation and amortization" and amortization of deferred financing fees is included in "Interest expense" in the Company's consolidated statements of operations. Identified intangible assets and liabilities — Upon the acquisition of a business, the Company records intangible assets or liabilities acquired at their estimated fair values and determines whether such intangible assets or liabilities have finite or indefinite lives. As of December 31, 2016 , all such intangible assets and liabilities acquired by the Company have finite lives. Intangible assets are included in "Deferred expenses and other assets, net" and intangible liabilities are included in "Accounts payable, accrued expenses and other liabilities" on the Company's consolidated balance sheets. The Company amortizes finite lived intangible assets and liabilities based on the period over which the assets are expected to contribute directly or indirectly to the future cash flows of the business acquired. The Company reviews finite lived intangible assets for impairment whenever events or changes in circumstances indicate that their carrying amount may not be recoverable. If the Company determines the carrying value of an intangible asset is not recoverable it will record an impairment charge to the extent its carrying value exceeds its estimated fair value. Impairments of intangible assets are recorded in "Impairment of assets" in the Company's consolidated statements of operations. Loan participations payable, net — The Company accounts for transfers of financial assets under ASC Topic 860, “Transfers and Servicing,” as either sales or secured borrowings. Transfers of financial assets that result in sales accounting are those in which (1) the transfer legally isolates the transferred assets from the transferor, (2) the transferee has the right to pledge or exchange the transferred assets and no condition both constrains the transferee’s right to pledge or exchange the assets and provides more than a trivial benefit to the transferor, and (3) the transferor does not maintain effective control over the transferred assets. If the transfer does not meet these criteria, the transfer is presented on the balance sheet as "Loan participations payable, net". Financial asset activities that are accounted for as sales are removed from the balance sheet with any realized gain (loss) reflected in earnings during the period of sale. Revenue recognition — The Company's revenue recognition policies are as follows: Operating lease income: The Company's leases have all been determined to be operating leases based on analyses performed in accordance with ASC 840. Operating lease income is recognized on the straight-line method of accounting, generally from the later of the date the lessee takes possession of the space and it is ready for its intended use or the date of acquisition of the facility subject to existing leases. Accordingly, contractual lease payment increases are recognized evenly over the term of the lease. The periodic difference between lease revenue recognized under this method and contractual lease payment terms is recorded as "Deferred operating lease income receivable, net" on the Company's consolidated balance sheets. The Company also recognizes revenue from certain tenant leases for reimbursements of all or a portion of operating expenses, including common area costs, insurance, utilities and real estate taxes of the respective property. This revenue is accrued in the same periods as the expense is incurred and is recorded as “Operating lease income” in the Company's consolidated statements of operations. Revenue is also recorded from certain tenant leases that is contingent upon tenant sales exceeding defined thresholds. These rents are recognized only after the defined threshold has been met for the period. Management estimates losses within its operating lease income receivable and deferred operating lease income receivable balances as of the balance sheet date and incorporates an asset-specific component, as well as a general, formula-based reserve based on management's evaluation of the credit risks associated with these receivables. As of December 31, 2016 and 2015 , the allowance for doubtful accounts related to real estate tenant receivables was $1.3 million and $1.9 million , respectively, and the allowance for doubtful accounts related to deferred operating lease income was $1.3 million and $1.5 million , respectively. Interest Income: Interest income on loans receivable is recognized on an accrual basis using the interest method. On occasion, the Company may acquire loans at premiums or discounts. These discounts and premiums in addition to any deferred costs or fees, are typically amortized over the contractual term of the loan using the interest method. Exit fees are also recognized over the lives of the related loans as a yield adjustment, if management believes it is probable that such amounts will be received. If loans with premiums, discounts, loan origination or exit fees are prepaid, the Company immediately recognizes the unamortized portion, which is included in "Other income" or "Other expense" in the Company's consolidated statements of operations. The Company considers a loan to be non-performing and places loans on non-accrual status at such time as: (1) the loan becomes 90 days delinquent; (2) the loan has a maturity default; or (3) management determines it is probable that it will be unable to collect all amounts due according to the contractual terms of the loan. While on non-accrual status, based on the Company's judgment as to collectability of principal, loans are either accounted for on a cash basis, where interest income is recognized only upon actual receipt of cash, or on a cost-recovery basis, where all cash receipts reduce a loan's carrying value. Non-accrual loans are returned to accrual status when a loan has become contractually current and management believes all amounts contractually owed will be received. Certain of the Company's loans contractually provide for accrual of interest at specified rates that differ from current payment terms. Interest is recognized on such loans at the accrual rate subject to management's determination that accrued interest and outstanding principal are ultimately collectible, based on the underlying collateral and operations of the borrower. Prepayment penalties or yield maintenance payments from borrowers are recognized as other income when received. Certain of the Company's loan investments provide for additional interest based on the borrower's operating cash flow or appreciation of the underlying collateral. Such amounts are considered contingent interest and are reflected as interest income only upon receipt of cash. Other income: Other income includes revenues from hotel operations, which are recognized when rooms are occupied and the related services are provided. Revenues include room sales, food and beverage sales, parking, telephone, spa services and gift shop sales. Other income also includes gains from sales of loans, loan prepayment fees, yield maintenance payments, lease termination fees and other ancillary income. Land development revenue and cost of sales: Land development revenue includes lot and parcel sales from wholly-owned properties and is recognized for full profit recognition upon closing of the sale transactions, when the profit is determinable, the earnings process is virtually complete, the parties are bound by the terms of the contract, all consideration has been exchanged, any permanent financing for which the seller is responsible has been arranged and all conditions for closing have been performed. The Company primarily uses specific identification and the relative sales value method to allocate costs. Reserve for loan losses — The reserve for loan losses reflects management's estimate of loan losses inherent in the loan portfolio as of the balance sheet date. If the Company determines that the collateral fair value less costs to sell is less than the carrying value of a collateral-dependent loan, the Company will record a reserve. The reserve is increased (decreased) through "Provision for (recovery of) loan losses" in the Company's consolidated statements of operations and is decreased by charge-offs. During delinquency and the foreclosure process, there are typically numerous points of negotiation with the borrower as the Company works toward a settlement or other alternative resolution, which can impact the potential for loan repayment or receipt of collateral. The Company's policy is to charge off a loan when it determines, based on a variety of factors, that all commercially reasonable means of recovering the loan balance have been exhausted. This may occur at different times, including when the Company receives cash or other assets in a pre-foreclosure sale or takes control of the underlying collateral in full satisfaction of the loan upon foreclosure or deed-in-lieu, or when the Company has otherwise ceased significant collection efforts. The Company considers circumstances such as the foregoing to be indicators that the final steps in the loan collection process have occurred and that a loan is uncollectible. At this point, a loss is confirmed and the loan and related reserve will be charged off. The Company has one portfolio segment, represented by commercial real estate lending, whereby it utilizes a uniform process for determining its reserve for loan losses. The reserve for loan losses includes a general, formula-based component and an asset-specific component. The general reserve component covers performing loans and reserves for loan losses are recorded when (i) available information as of each balance sheet date indicates that it is probable a loss has occurred in the portfolio and (ii) the amount of the loss can be reasonably estimated. The formula-based general reserve is derived from estimated principal default probabilities and loss severities applied to groups of loans based upon risk ratings assigned to loans with similar risk characteristics during the Company's quarterly loan portfolio assessment. During this assessment, the Company performs a comprehensive analysis of its loan portfolio and assigns risk ratings to loans that incorporate management's current judgments about their credit quality based on all known and relevant internal and external factors that may affect collectability. The Company considers, among other things, payment status, lien position, borrower financial resources and investment in collateral, collateral type, project economics and geographical location as well as national and regional economic factors. This methodology results in loans being segmented by risk classification into risk rating categories that are associated with estimated probabilities of default and principal loss. Ratings range from "1" to "5" with "1" representing the lowest risk of loss and "5" representing the highest risk of loss. The Company estimates loss rates based on historical realized losses experienced within its portfolio and takes into account current economic conditions affecting the commercial real estate market when establishing appropriate time frames to evaluate loss experience. The asset-specific reserve component relates to reserves for losses on impaired loans. The Company considers a loan to be impaired when, based upon current information and events, it believes that it is probable that the Company will be unable to collect all amounts due under the contractual terms of the loan agreement. This assessment is made on a loan-by-loan basis each quarter based on such factors as payment status, lien position, borrower financial resources and investment in collateral, collateral type, project economics and geographical location as well as national and regional economic factors. A reserve is established for an impaired loan when the present value of payments expected to be received, observable market prices, or the estimated fair value of the collateral (for loans that are dependent on the collateral for repayment) is lower than the carrying value of that loan. Substantially all of the Company's impaired loans are collateral dependent and impairment is measured using the estimated fair value of collateral, less costs to sell. The Company generally uses the income approach through internally developed valuation models to estimate the fair value of the collateral for such loans. In more limited cases, the Company obtains external "as is" appraisals for loan collateral, generally when third party participations exist. Valuations are performed or obtained at the time a loan is determined to be impaired and designated non-performing, and they are updated if circumstances indicate that a significant change in value has occurred. In limited cases, appraised values may be discounted when real estate markets rapidly deteriorate. A loan is also considered impaired if its terms are modified in a troubled debt restructuring ("TDR"). A TDR occurs when the Company has granted a concession and the debtor is experiencing financial difficulties. Impairments on TDR loans are generally measured based on the present value of expected future cash flows discounted at the effective interest rate of the original loan. Loss on debt extinguishments — The Company recognizes the difference between the reacquisition price of debt and the net carrying amount of extinguished debt currently in earnings. Such amounts may include prepayment penalties or the write-off of unamortized debt issuance costs, and are recorded in “Loss on early extinguishment of debt, net” in the Company's consolidated statements of operations. Derivative instruments and hedging activity — The Company's use of derivative financial instruments is primarily limited to the utilization of interest rate swaps, interest rate caps or other instruments to manage interest rate risk exposure and foreign exchange contracts to manage our risk to changes in foreign currencies. The Company recognizes derivatives as either assets or liabilities on the Company's consolidated balance sheets at fair value. If certain conditions are met, a derivative may be specifically designated as a hedge of the exposure to changes in the fair value of a recognized asset or liability, a hedge of a forecasted transaction or the variability of cash flows to be received or paid related to a recognized asset or liability. For derivatives designated as net investment hedges, the effective portion of changes in the fair value of the derivatives are reported in Accumulated Other Comprehensive Income as part of the cumulative translation adjustment. The ineffective portion of the change in fair value of the derivatives is recognized directly in earnings. Amounts are reclassified out of Accumulated Other Comprehensive Income into earnings when the hedged net investment is either sold or substantially liquidated. Derivatives that are not designated hedges are considered economic hedges, with changes in fair value reported in current earnings in "Other expense" in the Company's consolidated statements of operations. The Company does not enter into derivatives for trading purposes. Stock-based compensation — Compensation cost for stock-based awards is measured on the grant date and adjusted over the period of the employees' services to reflect (i) actual forfeitures and (ii) the outcome of awards with performance or service conditions through the requisite service period. Compensation cost for market-based awards is determined using a Monte Carlo model to simulate a range of possible future stock prices for the Company's common stock, which is reflected in the grant date fair value. All compensation cost for market-based awards in which the service conditions are met is recognized regardless of whether the market-condition is satisfied. Compensation costs are recognized ratably over the applicable vesting/service period and recorded in "General and administrative" in the Company's consolidated statements of operations. Income taxes — The Company has elected to be qualified and taxed as a REIT under section 856 through 860 of the Internal Revenue Code of 1986, as amended (the "Code"). The Company is subject to federal income taxation at corporate rates on its REIT taxable income; the Company, however, is allowed a deduction for the amount of dividends paid to its shareholders, thereby subjecting the distributed net income of the Company to taxation at the shareholder level only. While the Company must distribute at least 90% of its taxable income to maintain its REIT status, the Company typically distributes all of its taxable income, if any, to el

Real Estate

Real Estate	12 Months Ended
	Dec. 31, 2016
Real Estate [Abstract]
Real Estate	Real Estate The Company's real estate assets were comprised of the following ($ in thousands): Net Lease (1) Operating Properties Total As of December 31, 2016 Land, at cost $ 272,666 $ 211,054 $ 483,720 Buildings and improvements, at cost 1,111,589 311,283 1,422,872 Less: accumulated depreciation (368,665 ) (46,175 ) (414,840 ) Real estate, net 1,015,590 476,162 1,491,752 Real estate available and held for sale (2) 1,284 82,480 83,764 Total real estate $ 1,016,874 $ 558,642 $ 1,575,516 As of December 31, 2015 Land, at cost $ 306,172 $ 133,275 $ 439,447 Buildings and improvements, at cost 1,183,723 427,371 1,611,094 Less: accumulated depreciation (377,416 ) (79,142 ) (456,558 ) Real estate, net 1,112,479 481,504 1,593,983 Real estate available and held for sale (2) — 137,274 137,274 Total real estate $ 1,112,479 $ 618,778 $ 1,731,257 _______________________________________________________________________________ (1) In 2014, the Company partnered with a sovereign wealth fund to form a venture to acquire and develop net lease assets (the "Net Lease Venture") and gave a right of first refusal to the Net Lease Venture on all new net lease investments (refer to Note 7 for more information on the Net Lease Venture). The Company is responsible for sourcing new opportunities and managing the Net Lease Venture and its assets in exchange for a promote and management fee. (2) As of December 31, 2016 and 2015 the Company had $82.5 million and $137.3 million , respectively, of residential properties available for sale in its operating properties portfolio. Real Estate Available and Held for Sale— During the year ended December 31, 2016, the Company transferred net lease assets with a carrying value of $1.8 million and a commercial operating property with a carrying value of $16.1 million to held for sale due to executed contracts with third parties. The Company also acquired two residential condominium units for $1.8 million that are held for sale and had no operations as of December 31, 2016. During the year ended December 31, 2015, the Company transferred net lease assets with a carrying value of $8.2 million to held for sale due to executed contracts with third parties and transferred a commercial operating property with a carrying value of $2.9 million to held for investment due to a change in business strategy. During the year ended December 31, 2014, the Company transferred units with a carrying value of $56.7 million to held for sale due to the conversion of hotel rooms to residential units to be sold. The Company also transferred net lease assets with a carrying value of $4.0 million to held for sale due to executed contracts with third parties. Acquisitions— During the year ended December 31, 2016, the Company acquired one net lease asset for $32.7 million . During the same period, the Company also acquired land for $3.9 million and simultaneously entered into a 99 year ground net lease with the seller of the land. The land acquired is included in our net lease business segment. During the year ended December 31, 2015, the Company acquired, via deed-in-lieu, title to a residential operating property, which had a total fair value of $13.4 million and previously served as collateral for loans receivable held by the Company. No gain or loss was recorded in connection with this transaction. During the year ended December 31, 2014, the Company acquired, via deed-in-lieu, title to three commercial operating properties which had a total fair value of $72.4 million and previously served as collateral for loans receivable held by the Company. No gain or loss was recorded in connection with these transactions. The following unaudited table summarizes the Company's pro forma revenues and net income for the year ended December 31, 2014 as if the acquisition of the properties acquired during the year ended December 31, 2014 was completed on January 1, 2013 (unaudited and $ in thousands): Pro forma total revenues $ 466,327 Pro forma net income 15,351 From the date of acquisition in May 2014 through December 31, 2014, $8.3 million in total revenues and $2.9 million in net loss of the acquiree are included in the Company’s consolidated statements of operations. The pro forma revenues and net income are presented for informational purposes only and may not be indicative of what the actual results of operations of the Company would have been assuming the transaction occurred on January 1, 2013, nor do they purport to represent the Company’s results of operations for future periods. Dispositions— During the years ended December 31, 2016 , 2015 and 2014 , the Company sold residential condominiums for total net proceeds of $97.8 million , $127.9 million and $236.2 million , respectively, and recorded income from sales of real estate totaling $26.1 million , $40.1 million and $79.1 million , respectively. During the years ended December 31, 2016, 2015 and 2014, the Company sold net lease assets for total net proceeds of $117.2 million , $100.8 million and $127.2 million , respectively, and recorded income from sales of real estate of $21.1 million , $40.1 million and $6.2 million , respectively. During the year ended December 31, 2016, the Company sold commercial operating properties for total net proceeds of $229.1 million and recorded income from sales of real estate totaling $49.3 million . During the year ended December 31, 2015, the Company sold a commercial operating property for $68.5 million to a newly formed unconsolidated entity in which the Company owns a 50.0% equity interest (refer to Note 7). The Company recognized a gain on sale of $13.6 million , reflecting the Company's share of the interest sold to a third party, which was recorded as "Income from sales of real estate" in the Company's consolidated statements of operations. During the year ended December 31, 2015, the Company, through a consolidated entity, sold a leasehold interest in a commercial operating property with a carrying value of $126.3 million for net proceeds of $93.5 million and simultaneously entered into a ground lease with the buyer with an initial term of 99 years. The Company sold the leasehold interest at below fair value to incentivize the buyer to enter into an above market ground lease. As a result, the Company recorded no gain or loss on the sale and recorded a lease incentive asset of $32.8 million , which is included in "Deferred expenses and other assets, net" on the Company's consolidated balance sheets. In December 2015, the Company acquired the noncontrolling interest in the entity for $6.4 million . During the year ended December 31, 2015, the Company also sold three commercial operating properties for net proceeds of $5.0 million which approximated carrying value. During the year ended December 31, 2014, the Company sold its 72% interest in a previously consolidated entity, which owned a net lease asset subject to a non-recourse mortgage of $26.0 million at the time of sale, to the Net Lease Venture for net proceeds of $10.1 million that approximated carrying value (refer to Note 7). During the year ended December 31, 2014, the Company also sold a net lease asset for net proceeds of $93.7 million , which approximated carrying value, to the Net Lease Venture (refer to Note 7). During the year ended December 31, 2014, the Company sold commercial operating properties for total net proceeds of $34.2 million and recorded income from sales of real estate of $4.6 million . Impairments— During the years ended December 31, 2016 , 2015 and 2014, the Company recorded impairments on real estate assets totaling $10.7 million , $5.9 million and $11.8 million , respectively. The impairments recorded in 2016 resulted from unfavorable local market conditions on residential operating properties and impairments upon the execution of sales contracts on net lease assets. The impairments recorded in 2015 resulted from a change in business strategy for two commercial operating properties and unfavorable local market conditions for one residential property. The impairments recorded in 2014 resulted from changes in business strategy for a residential property, unfavorable local market conditions for two real estate properties and from the sale of net lease assets. Tenant Reimbursements— The Company receives reimbursements from tenants for certain facility operating expenses including common area costs, insurance, utilities and real estate taxes. Tenant expense reimbursements were $24.3 million , $26.8 million and $30.0 million for the years ended December 31, 2016 , 2015 and 2014 , respectively. These amounts are included in "Operating lease income" in the Company's consolidated statements of operations. Allowance for Doubtful Accounts— As of December 31, 2016 and 2015, the allowance for doubtful accounts related to real estate tenant receivables was $1.3 million and $1.9 million , respectively, and the allowance for doubtful accounts related to deferred operating lease income was $1.3 million and $1.5 million , respectively. These amounts are included in "Accrued interest and operating lease income receivable, net" and "Deferred operating lease income receivable, net," respectively, on the Company's consolidated balance sheets. Future Minimum Operating Lease Payments— Future minimum operating lease payments to be collected under non-cancelable leases, excluding customer reimbursements of expenses, in effect as of December 31, 2016 , are as follows ($ in thousands): Year Net Lease Assets Operating Properties 2017 $ 120,055 $ 36,580 2018 123,005 34,535 2019 123,567 30,805 2020 123,059 28,225 2021 123,063 26,794

Land and Development

Land and Development	12 Months Ended
	Dec. 31, 2016
Land and Land Improvements [Abstract]
Land and Development	Land and Development The Company's land and development assets were comprised of the following ($ in thousands): As of December 31, 2016 2015 Land and land development, at cost $ 952,051 $ 1,007,995 Less: accumulated depreciation (6,486 ) (6,032 ) Total land and development, net $ 945,565 $ 1,001,963 Acquisitions— During the year ended December 31, 2016, the Company acquired an additional 10.7% interest in a consolidated entity for $10.8 million . The Company owns 95.7% of the entity as of December 31, 2016. During the year ended December 31, 2016, the Company acquired, via deed-in-lieu, title to two land assets which had a total fair value of $40.6 million and previously served as collateral for loans receivable held by the Company. No gain or loss was recorded in connection with these transactions. During the year ended December 31, 2014, the Company acquired, via deed-in-lieu, title to a land asset that previously served as collateral for loans receivable. The fair value of the land asset was $5.5 million . Dispositions— During the years ended December 31, 2016 , 2015 and 2014, the Company sold residential lots and parcels and recognized land development revenue of $88.3 million , $100.2 million and $15.2 million , respectively, from its land and development portfolio. During the years ended December 31, 2016, 2015 and 2014, the Company recognized land development cost of sales of $62.0 million , $67.4 million and $12.8 million , respectively, from its land and development portfolio. During the year ended December 31, 2016, the Company sold a land and development asset to a newly formed unconsolidated entity in which the Company owns a 50.0% equity interest (refer to Note 7). The Company recognized a gain of $8.8 million , reflecting the Company's share of the interest sold to a third party, which was recorded as "Income from sales of real estate" in the Company's consolidated statement of operations. In April 2015, the Company transferred a land asset to a purchaser at a stated price of $16.1 million , as part of an agreement to construct an amphitheater, for which the Company received immediate payment of $5.3 million , with the remainder to be received upon completion of the development project. Due to the Company's continuing involvement in the project, no sale was recognized and the proceeds were recorded as unearned revenue in "Accounts payable, accrued expenses and other liabilities" on the Company's consolidated balance sheets (refer to Note 8). During the year ended December 31, 2014, the Company contributed land with a carrying value of $9.5 million to a newly formed unconsolidated entity (refer to Note 7 ). During the same period, the Company also sold properties with a carrying value of $6.8 million for proceeds that approximated carrying value. Impairments— During the years ended December 31, 2016, 2015 and 2014, the Company recorded impairments on land and development assets of $3.8 million , $4.6 million and $22.8 million , respectively. Redeemable Noncontrolling Interest— The Company has a majority interest in a strategic venture that provides the third party minority partner an option to redeem its interest at fair value. The Company has reflected the partner's noncontrolling interest in this venture as a component of redeemable noncontrolling interest within its consolidated balance sheets. Changes in fair value are being accreted over the term from the date of issuance of the redemption option to the earliest redemption date using the interest method. As of December 31, 2016 and December 31, 2015 , this interest had a carrying value of $1.3 million and $7.2 million , respectively. As of December 31, 2016 and 2015, this interest had a redemption value of zero and $9.2 million , respectively.

Loans Receivable and Other Lend

Loans Receivable and Other Lending Investments, net	12 Months Ended
	Dec. 31, 2016
Receivables [Abstract]
Loans Receivable and Other Lending Investments, net	Loans Receivable and Other Lending Investments, net The following is a summary of the Company's loans receivable and other lending investments by class ($ in thousands): As of December 31, Type of Investment 2016 2015 Senior mortgages $ 940,738 $ 975,915 Corporate/Partnership loans 490,389 643,270 Subordinate mortgages 24,941 28,676 Total gross carrying value of loans 1,456,068 1,647,861 Reserves for loan losses (85,545 ) (108,165 ) Total loans receivable, net 1,370,523 1,539,696 Other lending investments—securities 79,916 62,289 Total loans receivable and other lending investments, net $ 1,450,439 $ 1,601,985 In June 2015, the Company received a loan with a fair value of $146.7 million as a non-cash paydown on a $196.6 million loan and reduced the principal balance by the fair value to $49.9 million . The loan received has been recorded as a loan receivable and is included in "Loans receivable and other lending investments, net" on the Company’s consolidated balance sheet. In connection with the transaction, the Company recorded a provision for loan losses of $25.9 million on the original loan resulting in a remaining balance of $24.0 million . In October 2015, the Company received full payment of the $24.0 million remaining balance of the original $196.6 million loan. During the year ended December 31, 2015, the Company sold a loan with a carrying value of $5.5 million . No gain or loss was recorded on the sale. During the year ended December 31, 2014 , the Company sold loans with an aggregate carrying value of $30.8 million and recorded gains of $19.1 million . Gains on sales of loans are recorded in "Other income" in the Company's consolidated statements of operations. Reserve for Loan Losses —Changes in the Company's reserve for loan losses were as follows ($ in thousands): For the Years Ended December 31, 2016 2015 2014 Reserve for loan losses at beginning of period $ 108,165 $ 98,490 $ 377,204 (Recovery of) provision for loan losses (1) (12,514 ) 36,567 (1,714 ) Charge-offs (10,106 ) (26,892 ) (277,000 ) Reserve for loan losses at end of period $ 85,545 $ 108,165 $ 98,490 ______________________________________________________________________________ (1) For the years ended December 31, 2016 , 2015 and 2014 , the provision for loan losses includes recoveries of previously recorded asset-specific loan loss reserves of $13.7 million , $0.6 million and $10.1 million , respectively. The Company's recorded investment in loans (comprised of a loan's carrying value plus accrued interest) and the associated reserve for loan losses were as follows ($ in thousands): Individually Evaluated for Impairment (1) Collectively Evaluated for Impairment (2) Total As of December 31, 2016 Loans $ 253,941 $ 1,209,062 $ 1,463,003 Less: Reserve for loan losses (62,245 ) (23,300 ) (85,545 ) Total (3) $ 191,696 $ 1,185,762 $ 1,377,458 As of December 31, 2015 Loans $ 132,492 $ 1,524,347 $ 1,656,839 Less: Reserve for loan losses (72,165 ) (36,000 ) (108,165 ) Total (3) $ 60,327 $ 1,488,347 $ 1,548,674 _______________________________________________________________________________ (1) The carrying value of these loans include unamortized discounts, premiums, deferred fees and costs totaling net discounts of $0.4 million and $0.2 million as of December 31, 2016 and 2015 , respectively. The Company's loans individually evaluated for impairment primarily represent loans on non-accrual status and therefore, the unamortized amounts associated with these loans are not currently being amortized into income. During the year ended December 31, 2016, the Company transferred a loan with a gross carrying value of $157.2 million to non-performing status due to the initiation of bankruptcy proceedings related to the collateral, which resulted in the release of $11.6 million of the general reserve. The Company performed a valuation and recorded a specific reserve of $12.5 million . (2) The carrying value of these loans include unamortized discounts, premiums, deferred fees and costs totaling net discounts of $1.9 million and $8.2 million as of December 31, 2016 and 2015 , respectively. (3) The Company's recorded investment in loans as of December 31, 2016 and 2015 includes accrued interest of $6.9 million and $9.0 million , respectively, which are included in "Accrued interest and operating lease income receivable, net" on the Company's consolidated balance sheets. As of December 31, 2016 and 2015, excludes $79.9 million and $62.3 million , respectively, of securities that are evaluated for impairment under ASC 320. Credit Characteristics —As part of the Company's process for monitoring the credit quality of its loans, it performs a quarterly loan portfolio assessment and assigns risk ratings to each of its performing loans. Risk ratings, which range from 1 (lower risk) to 5 (higher risk), are based on judgments which are inherently uncertain and there can be no assurance that actual performance will be similar to current expectation. The Company's recorded investment in performing loans, presented by class and by credit quality, as indicated by risk rating, was as follows ($ in thousands): As of December 31, 2016 2015 Performing Loans Weighted Average Risk Ratings Performing Loans Weighted Average Risk Ratings Senior mortgages $ 859,250 3.12 $ 853,595 2.96 Corporate/Partnership loans 335,677 3.09 641,713 3.37 Subordinate mortgages 14,135 3.00 29,039 3.64 Total $ 1,209,062 3.11 $ 1,524,347 3.15 The Company's recorded investment in loans, aged by payment status and presented by class, were as follows ($ in thousands): As of December 31, 2016 Current Less Than and Equal to 90 Days Greater Than 90 Days (1) Total Past Due Total Senior mortgages $ 868,505 $ — $ 76,677 $ 76,677 $ 945,182 Corporate/Partnership loans 335,677 — 157,146 157,146 492,823 Subordinate mortgages 24,998 — — — 24,998 Total $ 1,229,180 $ — $ 233,823 $ 233,823 $ 1,463,003 As of December 31, 2015 Senior mortgages $ 864,099 $ — $ 116,250 $ 116,250 $ 980,349 Corporate/Partnership loans 647,451 — — — 647,451 Subordinate mortgages 29,039 — — — 29,039 Total $ 1,540,589 $ — $ 116,250 $ 116,250 $ 1,656,839 _______________________________________________________________________________ (1) As of December 31, 2016 , the Company had four loans which were greater than 90 days delinquent and were in various stages of resolution, including legal proceedings, environmental concerns and foreclosure-related proceedings, and ranged from 1.0 to 8.0 years outstanding. As of December 31, 2015, the Company had four loans which were greater than 90 days delinquent and were in various stages of resolution, including legal proceedings, environmental concerns and foreclosure-related proceedings, and ranged from 1.0 to 7.0 years outstanding. Impaired Loans —The Company's recorded investment in impaired loans, presented by class, were as follows ($ in thousands) (1) : As of December 31, 2016 As of December 31, 2015 Recorded Investment Unpaid Principal Balance Related Allowance Recorded Investment Unpaid Principal Balance Related Allowance With no related allowance recorded: Subordinate mortgages $ 10,862 $ 10,846 $ — $ — $ — $ — Subtotal $ 10,862 $ 10,846 $ — $ — $ — $ — With an allowance recorded: Senior mortgages $ 85,933 $ 85,780 $ (49,774 ) $ 126,754 $ 125,776 $ (69,627 ) Corporate/Partnership loans 157,146 146,783 (12,471 ) 5,738 5,738 (2,538 ) Subtotal $ 243,079 $ 232,563 $ (62,245 ) $ 132,492 $ 131,514 $ (72,165 ) Total: Senior mortgages $ 85,933 $ 85,780 $ (49,774 ) $ 126,754 $ 125,776 $ (69,627 ) Corporate/Partnership loans 157,146 146,783 (12,471 ) 5,738 5,738 (2,538 ) Subordinate mortgages 10,862 10,846 — — — — Total $ 253,941 $ 243,409 $ (62,245 ) $ 132,492 $ 131,514 $ (72,165 ) _______________________________________________________________________________ (1) All of the Company's non-accrual loans are considered impaired and included in the table above. The Company's average recorded investment in impaired loans and interest income recognized, presented by class, were as follows ($ in thousands): For the Years Ended December 31, 2016 2015 2014 Average Interest Average Interest Average Recorded Investment Interest Income Recognized With no related allowance recorded: Senior mortgages $ 3,661 $ 226 $ — $ — $ 35,659 $ 1,922 Subordinate mortgages 6,799 — — — — — Subtotal 10,460 226 — — 35,659 1,922 With an allowance recorded: Senior mortgages 118,921 — 129,135 38 334,351 158 Corporate/Partnership loans 66,101 — 24,252 12 52,963 181 Subtotal 185,022 — 153,387 50 387,314 339 Total: Senior mortgages 122,582 226 129,135 38 370,010 2,080 Corporate/Partnership loans 66,101 — 24,252 12 52,963 181 Subordinate mortgages 6,799 — — — — — Total $ 195,482 $ 226 $ 153,387 $ 50 $ 422,973 $ 2,261 There was no interest income related to the resolution of non-performing loans recorded during the years ended December 31, 2016 , 2015 and 2014. Troubled Debt Restructurings —During the year ended December 31, 2015, the Company modified two senior loans that were determined to be troubled debt restructurings. The Company restructured one non-performing loan with a recorded investment of $5.8 million to grant a maturity extension of one year. The Company also modified one non-performing loan with a recorded investment of $11.6 million to grant a discounted payoff option and a maturity extension of one year. The Company's recorded investment in these loans was not impacted by the modifications. During the year ended December 31, 2014, the Company restructured one non-performing senior loan that was determined to be a troubled debt restructuring with a recorded investment of $7.0 million to grant a maturity extension of one year and included conditional extension options. The Company's recorded investment in this loan was not impacted by the modification. Generally when granting concessions, the Company will seek to protect its position by requiring incremental pay downs, additional collateral or guarantees and in some cases lookback features or equity kickers to offset concessions granted should conditions impacting the loan improve. The Company's determination of credit losses is impacted by troubled debt restructurings whereby loans that have gone through troubled debt restructurings are considered impaired, assessed for specific reserves, and are not included in the Company's assessment of general loan loss reserves. Loans previously restructured under troubled debt restructurings that subsequently default are reassessed to incorporate the Company's current assumptions on expected cash flows and additional provision expense is recorded to the extent necessary. As of December 31, 2016 , there were no unfunded commitments associated with modified loans considered troubled debt restructurings. Securities —Other lending investments—securities includes the following ($ in thousands): Face Value Amortized Cost Basis Net Unrealized Gain (Loss) Estimated Fair Value Net Carrying Value As of December 31, 2016 Available-for-Sale Securities Municipal debt securities $ 21,240 $ 21,240 $ 426 $ 21,666 $ 21,666 Held-to-Maturity Securities Debt securities 58,454 58,250 2,753 61,003 58,250 Total $ 79,694 $ 79,490 $ 3,179 $ 82,669 $ 79,916 As of December 31, 2015 Available-for-Sale Securities Municipal debt securities $ 1,010 $ 1,010 $ 151 $ 1,161 $ 1,161 Held-to-Maturity Securities Debt securities 54,549 61,128 71 61,199 61,128 Total $ 55,559 $ 62,138 $ 222 $ 62,360 $ 62,289 As of December 31, 2016 , the contractual maturities of the Company's securities were as follows ($ in thousands): Held-to-Maturity Securities Available-for-Sale Securities Amortized Cost Basis Estimated Fair Value Amortized Cost Basis Estimated Fair Value Maturities Within one year $ — $ — $ — $ — After one year through 5 years 58,250 61,003 — — After 5 years through 10 years — — — — After 10 years — — 21,240 21,666 Total $ 58,250 $ 61,003 $ 21,240 $ 21,666

Other Investments

Other Investments	12 Months Ended
	Dec. 31, 2016
Investments, All Other Investments [Abstract]
Other Investments	Other Investments The Company's other investments and its proportionate share of earnings (losses) from equity method investments were as follows ($ in thousands): Carrying Value Equity in Earnings (Losses) As of December 31, For the Years Ended December 31, 2016 2015 2016 2015 2014 Real estate equity investments iStar Net Lease I LLC ("Net Lease Venture") $ 92,669 $ 69,096 $ 3,567 $ 5,221 $ 1,915 Marina Palms, LLC ("Marina Palms") 35,185 30,099 22,053 23,626 14,671 Other real estate equity investments (1) 53,202 81,452 41,822 (5,280 ) 36,842 Subtotal 181,056 180,647 67,442 23,567 53,428 Other strategic investments (2)(3) 33,350 73,525 9,907 8,586 41,477 Total $ 214,406 $ 254,172 $ 77,349 $ 32,153 $ 94,905 _______________________________________________________________________________ (1) During the year ended December 31, 2016, a majority-owned consolidated subsidiary of the Company sold its interest in a real estate equity method investment for net proceeds of $39.8 million and recognized equity in earnings of $31.5 million , of which $10.1 million was attributable to the noncontrolling interest. In addition, the Company received a distribution from one of its real estate equity method investments and recognized equity in earnings during the year ended December 31, 2016 of $11.6 million . During the year ended December 31, 2014, the Company recognized $32.9 million of earnings from equity method investments resulting from asset sales by one of its equity method investees. (2) During the year ended December 31, 2014, the Company recognized $23.4 million of earnings from equity method investments resulting from asset sales and a legal settlement by one of its equity method investees. (3) In conjunction with the sale of the Company's interests in Oak Hill Advisors, L.P. in 2011, the Company retained a share of the carried interest related to various funds. During the years ended December 31, 2016 , 2015 and 2014, the Company recognized $4.3 million , $2.2 million and $9.0 million , respectively, of carried interest income. Net Lease Venture —In February 2014, the Company partnered with a sovereign wealth fund to form a new unconsolidated entity in which the Company has an equity interest of approximately 51.9% . This entity is not a VIE and the Company does not have controlling interest due to the substantive participating rights of its partner. The partners plan to contribute up to an aggregate $500 million of equity to acquire and develop net lease assets over time. The Company is responsible for sourcing new opportunities and managing the venture and its assets in exchange for a promote and management fee. Several of the Company's senior executives whose time is substantially devoted to the Net Lease Venture own a total of 0.6% equity ownership in the venture via co-investment. These senior executives are also entitled to an amount equal to 50% of any promote payment received based on the 47.5% partner's interest. During the year ended December 31, 2016, the Net Lease Venture acquired two office properties and the Company made contributions to the Net Lease Venture of $37.7 million . During the year ended December 31, 2014, the Company sold a net lease asset for net proceeds of $93.7 million , which approximated carrying value, to the Net Lease Venture. The Company also sold its 72% interest in a previously consolidated entity, which owns a net lease asset subject to a mortgage of $26.0 million , to the Net Lease Venture for net proceeds of $10.1 million , which approximated carrying value. During the same period, the Net Lease Venture purchased a portfolio of 58 net lease assets for a purchase price of $200.0 million from a third party. As of December 31, 2016 and 2015, the venture's carrying value of total assets was $511.3 million and $400.2 million , respectively. During the years ended December 31, 2016, 2015 and 2014, the Company recorded $1.6 million , $1.5 million and $1.3 million , respectively, of management fees from the Net Lease Venture. The management fees are included in "Other income" in the Company's consolidated statements of operations. In November 2016, the Net Lease Venture placed five year non-recourse financing of $29.0 million on one of its net lease assets. Net proceeds from the financing were distributed to the members of which the Company received $13.2 million . In June 2015, the Net Lease Venture placed ten year non-recourse financing of $120.0 million on one of its net lease assets. Net proceeds from the financing were distributed to its members of which the Company received approximately $61.2 million . Marina Palms —As of December 31, 2016, the Company owned a 47.5% equity interest in Marina Palms, a 468 unit, two tower residential condominium development in North Miami Beach, Florida. The 234 unit north tower has one unit remaining for sale as of December 31, 2016. The 234 unit south tower is 83% pre-sold (based on unit count) as of December 31, 2016. This entity is not a VIE and the Company does not have controlling interest due to shared control of the entity with its partner. As of December 31, 2016 and 2015 , the venture's carrying value of total assets was $201.8 million and $278.5 million , respectively. Other real estate equity investments —As of December 31, 2016 , the Company's other real estate equity investments included equity interests in real estate ventures ranging from 20% to 85% , comprised of investments of $3.6 million in operating properties and $49.6 million in land assets. As of December 31, 2015 , the Company's other real estate equity investments included $11.1 million in operating properties and $70.4 million in land assets. In December 2016, the Company sold a land and development asset for $36.0 million to a newly formed unconsolidated entity in which the Company owns a 50.0% equity interest (refer to Note 5). The Company recognized a gain of $8.8 million , reflecting the Company's share of the interest sold to a third party, which was recorded as "Income from sales of real estate" in the Company's consolidated statements of operations. The Company and its partner both made $7.0 million contributions to the venture and the Company provided financing to the entity in the form of a $27.0 million senior loan, of which $23.0 million was funded as of December 31, 2016. The Company received $17.6 million of net proceeds from the sale of the asset. This entity is a VIE and the Company does not have a controlling interest due to shared control of the entity with its partner. During the year ended December 31, 2015, the Company sold a commercial operating property for $68.5 million to a newly formed unconsolidated entity in which the Company owns a 50.0% equity interest (refer to Note 4 ). The Company recognized a gain on sale of $13.6 million , reflecting the Company's share of the interest sold to a third party, which was recorded as "Income from sales of real estate" in the Company's consolidated statements of operations. The venture placed financing on the property and proceeds from the financing were distributed to its members. Net proceeds received by the Company were $55.4 million , which was net of the Company's $13.6 million non-cash equity contribution to the venture and inclusive of a $21.0 million distribution from the financing proceeds. This entity is not a VIE and the Company does not have a controlling interest due to shared control of the entity with its partner. During the year ended December 31, 2014, the Company contributed land to a newly formed unconsolidated entity in which the Company received an initial equity interest of 85.7% . As of December 31, 2016, this entity is not a VIE and the Company does not have a controlling interest due to shared control of the entity with the partner. Additionally, the Company committed to provide $45.7 million of mezzanine financing to the entity. As of December 31, 2015, the loan balance was $33.7 million and is included in "Loans receivable and other lending investments, net" on the Company's consolidated balance sheets. In September 2016, the entity secured non-recourse financing from a third-party lender, paid off in full the mezzanine loan from the Company and distributed the excess proceeds from the financing to the partners. The Company received a distribution in excess of its carrying value and recorded equity in earnings of $11.6 million . The Company has no further obligation nor intention to fund the venture in the future. Subsequent to the distribution of the financing proceeds, the operating agreement of the entity was amended and the Company retained a 50% interest in the entity. During the years ended December 31, 2016, 2015 and 2014, the Company recorded $3.6 million , $3.9 million and $0.6 million of interest income, respectively. As of December 31, 2016 and 2015 , the Company had a recorded equity interest of zero and $6.3 million , respectively. During the year ended December 31, 2014, the Company and a consortium of co-lenders formed a new unconsolidated entity, in which the Company received an initial 15.7% equity interest, which acquired, via foreclosure sale, title to a land asset which previously served as collateral for a loan receivable held by the consortium. This entity is not a VIE and the Company does not have controlling interest in the entity as the Company's voting rights are based on its ownership percentage in the entity. During the year ended December 31, 2014, as a result of the transaction, the Company recorded an additional provision of $2.8 million in "Provision for (recovery of) loan losses" in its consolidated statements of operations. In 2016, the Company purchased the units of another member in the entity for $1.9 million that increased its equity interest to 20.1% . Also during 2016, the Company recorded a $ 3.6 million impairment in equity in earnings due to a reduction in the estimated fair value of the underlying property. As of December 31, 2016 and 2015 , the Company had a recorded equity interest of $26.4 million and $24.0 million , respectively. Other strategic investments —As of December 31, 2016 , the Company also had smaller investments in real estate related funds and other strategic investments in several other entities that were accounted for under the equity method or cost method. As of December 31, 2016 and 2015, the carrying value of the Company's cost method investments was $1.4 million and $1.5 million , respectively. During the year ended December 31, 2015, the Company sold available-for-sale securities for proceeds of $7.4 million for gains of $2.6 million , which are included in "Other income" in the Company's consolidated statements of operations. The amount reclassified out of accumulated other comprehensive income into earnings was determined based on the specific identification method. Summarized investee financial information —The following tables present the investee level summarized financial information of the Company's equity method investments ($ in thousands): As of December 31, For the Years Ended December 31, 2016 2015 2016 2015 2014 Balance Sheets Income Statements Total assets $ 2,803,411 $ 3,597,587 Revenues $ 272,281 $ 481,224 $ 626,039 Total liabilities 683,079 768,622 Expenses (227,720 ) (245,968 ) (185,603 ) Noncontrolling interests 23,544 19,208 Net income attributable to parent entities 42,209 234,529 440,210 Total equity 2,096,788 2,809,757

Other Assets and Other Liabilit

Other Assets and Other Liabilities	12 Months Ended
	Dec. 31, 2016
Other Assets and Other Liabilities [Abstract]
Other Assets and Other Liabilities	Other Assets and Other Liabilities Deferred expenses and other assets, net, consist of the following items ($ in thousands): As of December 31, 2016 2015 Intangible assets, net (1) $ 63,098 $ 71,446 Other receivables (2) 52,820 22,557 Other assets 39,591 36,999 Restricted cash 25,883 26,657 Leasing costs, net (3) 12,566 19,393 Corporate furniture, fixtures and equipment, net (4) 5,691 4,405 Deferred expenses and other assets, net $ 199,649 $ 181,457 _______________________________________________________________________________ (1) Intangible assets, net includes above market and in-place lease assets related to the acquisition of real estate assets. This balance also includes a lease incentive asset of $32.8 million (refer to Note 4). Accumulated amortization on intangible assets, net was $32.6 million and $37.3 million as of December 31, 2016 and 2015 , respectively. The amortization of above market leases and lease incentive assets decreased operating lease income in the Company's consolidated statements of operations by $4.1 million , $6.7 million and $8.6 million for the years ended December 31, 2016 , 2015 , and 2014 , respectively. These intangible lease assets are amortized over the term of the lease. The amortization expense for in-place leases was $1.9 million , $3.6 million and $6.7 million for the years ended December 31, 2016 , 2015 , and 2014 , respectively. These amounts are included in "Depreciation and amortization" in the Company's consolidated statements of operations. (2) As of December 31, 2016 and 2015, includes $26.0 million and $11.3 million , respectively, of receivables related to the construction and development of an amphitheater (refer to Note 5). (3) Accumulated amortization of leasing costs was $6.7 million and $9.8 million as of December 31, 2016 and 2015 , respectively. (4) Accumulated depreciation on corporate furniture, fixtures and equipment was $9.0 million and $8.1 million as of December 31, 2016 and 2015 , respectively. Accounts payable, accrued expenses and other liabilities consist of the following items ($ in thousands): As of December 31, 2016 2015 Other liabilities (1) $ 75,993 $ 80,332 Accrued expenses (2) 72,693 68,937 Accrued interest payable 54,033 55,081 Intangible liabilities, net (3) 8,851 10,485 Accounts payable, accrued expenses and other liabilities $ 211,570 $ 214,835 _______________________________________________________________________________ (1) As of December 31, 2016 and 2015, "Other liabilities" includes $24.0 million and $14.5 million , respectively, related to profit sharing arrangements with developers for certain properties sold. As of December 31, 2016 and 2015, includes $1.2 million and $4.4 million , respectively, associated with "Real estate available and held for sale" on the Company's consolidated balance sheets. As of December 31, 2016 and 2015, "Other liabilities" also includes $8.5 million and $6.6 million , respectively related to tax increment financing bonds which were issued by government entities to fund development within two of the Company's land projects. The amount represents tax assessments associated with each project, which will decrease as the Company sells units. (2) As of December 31, 2016 and 2015, accrued expenses includes $1.7 million and $5.3 million , respectively, associated with "Real estate available and held for sale" on the Company's consolidated balance sheets. (3) Intangible liabilities, net includes below market lease liabilities related to the acquisition of real estate assets. Accumulated amortization on below market leases was $6.4 million and $6.6 million as of December 31, 2016 and 2015 , respectively. The amortization of below market leases increased operating lease income in the Company's consolidated statements of operations by $1.1 million , $1.5 million and $2.5 million for the years ended December 31, 2016 , 2015 and 2014 , respectively. Intangible assets— The estimated expense from the amortization of lease incentives and in-place leases for each of the five succeeding fiscal years is as follows ($ in thousands): 2017 $ 2,484 2018 2,135 2019 2,097 2020 2,068 2021 2,022

Loan Participations Payable, Ne

Loan Participations Payable, Net	12 Months Ended
	Dec. 31, 2016
Transfers and Servicing [Abstract]
Loan Participations Payable, Net	Loan Participations Payable, net The Company's loan participations payable, net were as follows ($ in thousands): Carrying Value as of December 31, 2016 December 31, 2015 Loan participations payable (1) $ 160,251 $ 153,000 Debt discounts and deferred financing costs, net (930 ) (914 ) Total loan participations payable, net $ 159,321 $ 152,086 _______________________________________________________________________________ (1) As of December 31, 2016, the Company had three loan participations payable with a weighted average interest rate of 4.8% . As of December 31, 2015, the Company had two loan participations payable with a weighted average interest rate of 4.6% . Loan participations represent transfers of financial assets that did not meet the sales criteria established under ASC Topic 860 and are accounted for as loan participations payable, net as of December 31, 2016 and 2015. As of December 31, 2016 and 2015, the corresponding loan receivable balances were $159.1 million and $153.0 million , respectively, and are included in "Loans receivable and other lending investments, net" on the Company's consolidated balance sheets. The principal and interest due on these loan participations payable are paid from cash flows of the corresponding loans receivable, which serve as collateral for the participations.

Debt Obligations, net

Debt Obligations, net	12 Months Ended
	Dec. 31, 2016
Debt Disclosure [Abstract]
Debt Obligations, net	Debt Obligations, net As of December 31, 2016 and 2015 , the Company's debt obligations were as follows ($ in thousands): Carrying Value as of December 31, Stated Interest Rates Scheduled Maturity Date 2016 2015 Secured credit facilities and mortgages: 2015 $250 Million Secured Revolving Credit Facility $ — $ 250,000 LIBOR + 2.75% (1) March 2018 2016 Senior Secured Credit Facility 498,648 — LIBOR + 4.50% (2) July 2020 Mortgages collateralized by net lease assets 249,987 239,547 3.875% - 7.26% (3) Various through 2032 2012 Tranche A-2 Facility — 339,717 LIBOR + 5.75% (4) — Total secured credit facilities and mortgages 748,635 829,264 Unsecured notes: 5.875% senior notes — 261,403 5.875 % — 3.875% senior notes — 265,000 3.875 % — 3.00% senior convertible notes (5) — 200,000 3.00 % — 1.50% senior convertible notes (6) — 200,000 1.50 % — 5.85% senior notes 99,722 99,722 5.85 % March 2017 9.00% senior notes 275,000 275,000 9.00 % June 2017 4.00% senior notes (7) 550,000 550,000 4.00 % November 2017 7.125% senior notes 300,000 300,000 7.125 % February 2018 4.875% senior notes (8) 300,000 300,000 4.875 % July 2018 5.00% senior notes (9) 770,000 770,000 5.00 % July 2019 6.50% senior notes (10) 275,000 — 6.50 % July 2021 Total unsecured notes 2,569,722 3,221,125 Other debt obligations: Trust preferred securities 100,000 100,000 LIBOR + 1.50% October 2035 Total debt obligations 3,418,357 4,150,389 Debt discounts and deferred financing costs, net (28,449 ) (31,566 ) Total debt obligations, net (11) $ 3,389,908 $ 4,118,823 _______________________________________________________________________________ (1) The loan bears interest at the Company's election of either (i) a base rate, which is the greater of (a) prime, (b) federal funds plus 0.5% or (c) LIBOR plus 1.0% and subject to a margin ranging from 1.25% to 1.75% , or (ii) LIBOR subject to a margin ranging from 2.25% to 2.75% . At maturity, the Company may convert outstanding borrowings to a one year term loan which matures in quarterly installments through March 2019. (2) The loan bears interest at the Company's election of either (i) a base rate, which is the greater of (a) prime, (b) federal funds plus 0.5% or (c) LIBOR plus 1.0% and subject to a margin of 3.5% or (ii) LIBOR subject to a margin of 4.5% with a minimum LIBOR rate of 1.0% . (3) As of December 31, 2016 and 2015 , includes a loan with a floating rate of LIBOR plus 2.00% . As of December 31, 2016 , the weighted average interest rate of these loans is 5.1% . (4) The loan had a LIBOR floor of 1.25% . (5) The Company's 3.00% senior convertible fixed rate notes due November 2016 (" 3.00% Convertible Notes") were convertible at the option of the holders, into 85.0 shares per $1,000 principal amount of 3.00% Convertible Notes, at $11.77 per share at any time prior to the close of business on November 14, 2016. $9.6 million principal amount of the 3.00% Convertible Notes were converted into 0.8 million shares of common stock. (6) The Company's 1.50% senior convertible fixed rate notes due November 2016 (" 1.50% Convertible Notes") were convertible at the option of the holders, into 57.8 shares per $1,000 principal amount of 1.50% Convertible Notes, at $17.29 per share at any time prior to the close of business on November 14, 2016. None of the 1.50% Convertible Notes were converted into shares of common stock. (7) The Company can prepay these senior notes without penalty beginning August 1, 2017. (8) The Company can prepay these senior notes without penalty beginning January 1, 2018. (9) The Company can prepay these senior notes without penalty beginning July 1, 2018. (10) The Company can prepay these senior notes without penalty beginning July 1, 2020. (11) The Company capitalized interest relating to development activities of $5.8 million , $5.3 million and $4.9 million for the years ended December 31, 2016 2015 and 2014 , respectively. Future Scheduled Maturities —As of December 31, 2016 , future scheduled maturities of outstanding debt obligations are as follows ($ in thousands): Unsecured Debt Secured Debt Total 2017 (1) $ 924,722 $ — $ 924,722 2018 600,000 11,196 611,196 2019 770,000 29,191 799,191 2020 — 498,648 498,648 2021 275,000 119,860 394,860 Thereafter 100,000 89,740 189,740 Total principal maturities 2,669,722 748,635 3,418,357 Unamortized discounts and deferred financing costs, net (18,426 ) (10,023 ) (28,449 ) Total debt obligations, net $ 2,651,296 $ 738,612 $ 3,389,908 _____________________________________________________________________________ (1) The Company has $924.7 million of debt obligations maturing in three separate tranches during 2017, and $311.2 million of other debt obligations maturing before the end of February 2018, as listed in the debt obligations table above. The Company's plans to satisfy these obligations primarily consist of accessing the debt and/or equity markets to obtain capital to satisfy the maturing obligations. In addition, management intends to execute on its business strategy of disposing of assets and selling interests in business lines as well as collecting loan repayments from borrowers to further generate available liquidity. Should these sources of capital not be sufficiently available, the Company will slow its pace of making new investments and will need to identify alternative sources of capital. As of February 23, 2017, the Company had approximately $710.7 million of cash and available capacity under existing borrowing arrangements. 2016 Senior Secured Credit Facility —In June 2016, the Company entered into a senior secured credit facility of $450.0 million (the "2016 Senior Secured Credit Facility"). In August 2016, the Company upsized the facility to $500.0 million . The initial $450.0 million of the 2016 Senior Secured Credit Facility was issued at 99% of par and the upsize was issued at par. The 2016 Senior Secured Credit Facility bears interest at a floating rate of LIBOR plus 4.50% with a 1.00% LIBOR floor. Subsequent to December 31, 2016, the Company repriced the 2016 Senior Secured Credit Facility to LIBOR plus 3.75% with a 1.00% LIBOR floor. The 2016 Senior Secured Credit Facility is collateralized 1.25 x by a first lien on a fixed pool of assets. Proceeds from principal repayments and sales of collateral are applied to amortize the 2016 Senior Secured Credit Facility. Proceeds received for interest, rent, lease payments and fee income are retained by the Company. The Company may also make optional prepayments, subject to prepayment fees, and is required to repay 0.25% of the principal amount outstanding on the first business day of each quarter beginning on October 3, 2016. Proceeds from the 2016 Senior Secured Credit Facility, together with cash on hand, were primarily used to repay in full the remaining $323.2 million 2012 Secured Tranche A-2 Facility and repay the $245.0 million balance outstanding on the 2015 Secured Revolving Credit Facility (as defined below). In connection with the 2016 Senior Secured Credit Facility, the Company incurred $4.5 million of lender fees, substantially all of which was capitalized in "Debt obligations, net" on the Company's consolidated balance sheets. The Company also incurred $6.2 million in third party fees, of which $4.3 million was capitalized in “Debt obligations, net” on the Company's consolidated balance sheets, as it related to new lenders, and $1.9 million was recognized in “Other expense” in the Company's consolidated statements of operations as it related primarily to those lenders from the original facility that modified their debt under the new facility. 2016 Secured Term Loan —In December 2016, the Company arranged a $170.0 million delayed draw secured term loan (the "2016 Secured Term Loan"). The 2016 Secured Term Loan bears interest at a rate of LIBOR + 1.50% . As of December 31, 2016, the Company had not yet drawn on the 2016 Secured Term Loan. 2015 Secured Revolving Credit Facility —In March 2015, the Company entered into a secured revolving credit facility with a maximum capacity of $250.0 million (the "2015 Secured Revolving Credit Facility"). Borrowings under this credit facility bear interest at a floating rate indexed to one of several base rates plus a margin which adjusts upward or downward based upon the Company's corporate credit rating. An undrawn credit facility commitment fee ranges from 0.375% to 0.5% , based on average utilization each quarter. During the year ended December 31, 2016, the weighted average cost of the credit facility was 3.19% . Commitments under the revolving facility mature in March 2018. At maturity, the Company may convert outstanding borrowings to a one year term loan which matures in quarterly installments through March 2019. As of December 31, 2016, the Company had $250.0 million of borrowing capacity available under the 2015 Secured Revolving Credit Facility. 2012 Secured Credit Facilities —In March 2012, the Company entered into an $880.0 million senior secured credit agreement providing for two tranches of term loans: a $410.0 million 2012 A-1 tranche due March 2016, which accrued interest at a rate of LIBOR + 4.00% (the "2012 Secured Tranche A-1 Facility"), and a $470.0 million 2012 A-2 tranche due March 2017, which accrued interest at a rate of LIBOR + 5.75% (the "2012 Secured Tranche A-2 Facility," together the "2012 Secured Credit Facilities"). The 2012 A-1 and A-2 tranches were issued at 98.0% of par and 98.5% of par, respectively, and both tranches included a LIBOR floor of 1.25% . The 2012 Secured Tranche A-1 Facility was fully repaid in August 2013. In June 2016, proceeds from the 2016 Senior Secured Credit Facility were used to repay in full the remaining 2012 Secured Tranche A-2 Facility. During the years ended December 31, 2016 , 2015 and 2014 , repayments of the 2012 Secured Tranche A-2 Facility prior to maturity resulted in losses on early extinguishment of debt of $1.2 million , $0.3 million and $1.5 million , respectively, related to the accelerated amortization of discounts and unamortized deferred financing fees on the portion of the facility that was repaid. These amounts are included in "Loss on early extinguishment of debt, net" in the Company's consolidated statements of operations. Unsecured Notes —In March 2016, the Company repaid its $261.4 million principal amount of 5.875% senior unsecured notes at maturity using available cash. In addition, the Company issued $275.0 million principal amount of 6.50% senior unsecured notes due July 2021. Proceeds from the offering were primarily used to repay in full the $265.0 million principal amount of senior unsecured notes due July 2016 and repay $5.0 million of the 2015 Secured Revolving Credit Facility. In addition, the Company retired its $200.0 million principal amount of 3.0% senior unsecured convertible notes due November 2016 with available cash after the conversion of $9.6 million principal amount into 0.8 million shares of the Company's common stock. The Company also repurchased and retired its $200.0 million principal amount of 1.50% senior unsecured convertible notes due November 2016 using available cash. During the year ended December 31, 2016 , repayments of unsecured notes prior to maturity resulted in losses on early extinguishment of debt of $0.4 million . This amount is included in "Loss on early extinguishment of debt, net" in the Company's consolidated statements of operations. Encumbered/Unencumbered Assets —As of December 31, 2016 and 2015 , the carrying value of the Company's encumbered and unencumbered assets by asset type are as follows ($ in thousands): As of December 31, 2016 2015 Encumbered Assets Unencumbered Assets Encumbered Assets Unencumbered Assets Real estate, net $ 881,212 $ 610,540 $ 816,721 $ 777,262 Real estate available and held for sale — 83,764 10,593 126,681 Land and development, net 35,165 910,400 17,714 984,249 Loans receivable and other lending investments, net (1)(2) 172,581 1,142,050 170,162 1,314,823 Other investments — 214,406 22,352 231,820 Cash and other assets — 639,588 — 1,008,415 Total $ 1,088,958 $ 3,600,748 $ 1,037,542 $ 4,443,250 _______________________________________________________________________________ (1) As of December 31, 2016 and 2015 , the amounts presented exclude general reserves for loan losses of $23.3 million and $36.0 million , respectively. (2) As of December 31, 2016 and 2015 , the amounts presented exclude loan participations of $159.1 million and $153.0 million , respectively. Debt Covenants The Company's outstanding unsecured debt securities contain corporate level covenants that include a covenant to maintain a ratio of unencumbered assets to unsecured indebtedness of at least 1.2 x and a covenant not to incur additional indebtedness (except for incurrences of permitted debt), if on a pro forma basis, the Company's consolidated fixed charge coverage ratio, determined in accordance with the indentures governing the Company's debt securities, is 1.5 x or lower. If any of the Company's covenants are breached and not cured within applicable cure periods, the breach could result in acceleration of its debt securities unless a waiver or modification is agreed upon with the requisite percentage of the bondholders. If the Company's ability to incur additional indebtedness under the fixed charge coverage ratio is limited, the Company is permitted to incur indebtedness for the purpose of refinancing existing indebtedness and for other permitted purposes under the indentures. The Company's 2016 Senior Secured Credit Facility and the 2015 Secured Revolving Credit Facility contain certain covenants, including covenants relating to collateral coverage, dividend payments, restrictions on fundamental changes, transactions with affiliates, matters relating to the liens granted to the lenders and the delivery of information to the lenders. In particular, the 2016 Senior Secured Credit Facility requires the Company to maintain collateral coverage of at least 1.25 x outstanding borrowings on the facility. The 2015 Secured Revolving Credit Facility is secured by a borrowing base of assets and requires the Company to maintain both collateral coverage of at least 1.5 x outstanding borrowings on the facility and a consolidated ratio of cash flow to fixed charges of at least 1.5 x. The 2015 Secured Revolving Credit Facility does not require that proceeds from the borrowing base be used to pay down outstanding borrowings provided the collateral coverage remains at least 1.5 x outstanding borrowings on the facility. To satisfy this covenant, the Company has the option to pay down outstanding borrowings or substitute assets in the borrowing base. In addition, for so long as the Company maintains its qualification as a REIT, the 2016 Senior Secured Credit Facility and the 2015 Secured Revolving Credit Facility permit the Company to distribute 100% of its REIT taxable income on an annual basis (prior to deducting certain cumulative net operating loss ("NOL") carryforwards). The Company may not pay common dividends if it ceases to qualify as a REIT. The Company's 2016 Senior Secured Credit Facility and the 2015 Secured Revolving Credit Facility contain cross default provisions that would allow the lenders to declare an event of default and accelerate the Company's indebtedness to them if the Company fails to pay amounts due in respect of its other recourse indebtedness in excess of specified thresholds or if the lenders under such other indebtedness are otherwise permitted to accelerate such indebtedness for any reason. The indentures governing the Company's unsecured public debt securities permit the bondholders to declare an event of default and accelerate the Company's indebtedness to them if the Company's other recourse indebtedness in excess of specified thresholds is not paid at final maturity or if such indebtedness is accelerated.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2016
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Unfunded Commitments —The Company generally funds construction and development loans and build-outs of space in real estate assets over a period of time if and when the borrowers and tenants meet established milestones and other performance criteria. The Company refers to these arrangements as Performance-Based Commitments. In addition, the Company sometimes establishes a maximum amount of additional funding which it will make available to a borrower or tenant for an expansion or addition to a project if it approves of the expansion or addition in its sole discretion. The Company refers to these arrangements as Discretionary Fundings. Finally, the Company has committed to invest capital in several real estate funds and other ventures. These arrangements are referred to as Strategic Investments. As of December 31, 2016 , the maximum amount of fundings the Company may be required to make under each category, assuming all performance hurdles and milestones are met under the Performance-Based Commitments, that it approves all Discretionary Fundings and that 100% of its capital committed to Strategic Investments is drawn down, are as follows ($ in thousands): Loans and Other Lending Investments (1) Real Estate Other Investments Total Performance-Based Commitments $ 366,287 $ 14,616 $ 25,574 $ 406,477 Strategic Investments — — 45,540 45,540 Total (2) $ 366,287 $ 14,616 $ 71,114 $ 452,017 _______________________________________________________________________________ (1) Excludes $158.7 million of commitments on loan participations sold that are not the obligation of the Company. (2) The Company did not have any Discretionary Fundings as of December 31, 2016. Other Commitments —Total operating lease expense for the years ended December 31, 2016 , 2015 and 2014 was $5.9 million , $6.0 million and $5.8 million , respectively. Future minimum lease obligations under non-cancelable operating leases are as follows ($ in thousands): 2017 $ 5,463 2018 4,552 2019 3,692 2020 3,696 2021 1,439 Thereafter 3,752 Legal Proceedings —The Company and/or one or more of its subsidiaries is party to various pending litigation matters that are considered ordinary routine litigation incidental to the Company's business as a finance and investment company focused on the commercial real estate industry, including loan foreclosure and foreclosure-related proceedings. In addition to such matters, the Company is a party to the following legal proceedings: Shareholder Action On March 7, 2014, a shareholder action purporting to assert derivative, class and individual claims was filed in the Circuit Court for Baltimore City, Maryland naming the Company, a number of our current and former senior executives (including our chief executive officer) and current and former directors as defendants. The complaint sought unspecified damages and other relief and alleged breach of fiduciary duty, breach of contract and other causes of action arising out of shares of our common stock issued by the Company to our senior executives pursuant to restricted stock unit awards granted in December 2008 and modified in July 2011. On October 30, 2014, the Circuit Court granted the Company’s motion to dismiss all of plaintiffs' claims in this action. Plaintiffs appealed the dismissal of their claims and, on January 28, 2016, the Maryland Court of Special Appeals affirmed the order of the Circuit Court. Plaintiffs filed a petition for certiorari with the Maryland Court of Appeals, which agreed to hear the appeal. On January 20, 2017, the Maryland Court of Appeals (Maryland’s highest court) issued its opinion affirming the dismissal of all of plaintiffs’ claims against the Company and the other defendants. U.S. Home Corporation ("Lennar") v. Settlers Crossing, LLC, et al. (Civil Action No. DKC 08-1863) On January 22, 2015, the United States District Court for the District of Maryland (the "Court") entered a judgment in favor of the Company in the matter of Lennar v. Settlers Crossing, LLC, et al. (Civil Action No. DKC 08-1863). The litigation involved a dispute over the purchase and sale of approximately 1,250 acres of land in Prince George’s County, Maryland. The Court found that the Company is entitled to specific performance and awarded damages to it in the aggregate amount of: (i) the remaining purchase price to be paid by Lennar of $114.0 million ; plus (ii) interest on the unpaid amount at a rate of 12% per annum, calculated on a per diem basis, from May 27, 2008, until Lennar proceeds to settlement on the land; plus (iii) real estate taxes paid by the Company; plus (iv) actual and reasonable attorneys' fees and costs incurred by the Company in connection with the litigation. Lennar appealed the Court's judgment and has posted an appeal bond. The Court granted Lennar's motion to stay the judgment pending appeal and also clarified the judgment that the unpaid amount will accrue simple interest at a rate of 12% annually, including while the appeal is pending. In the pending appeal before the United States Court of Appeals for the Fourth Circuit, oral argument is scheduled to be held on March 23, 2017. There can be no assurance as to the timing or actual receipt by the Company of amounts awarded by the Court or the outcome of the appeal. A third party purchased a participation interest in the Company's original loan and as of December 31, 2016 holds a 4.3% participation interest in all proceeds. On a quarterly basis, the Company evaluates developments in legal proceedings that could require a liability to be accrued and/or disclosed. Based on its current knowledge, and after consultation with legal counsel, the Company believes it is not a party to, nor are any of its properties the subject of, any pending legal proceeding that would have a material adverse effect on the Company's consolidated financial statements.

Risk Management and Derivatives

Risk Management and Derivatives	12 Months Ended
	Dec. 31, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Risk Management and Derivatives	Risk Management and Derivatives Risk management In the normal course of its on-going business operations, the Company encounters economic risk. There are three main components of economic risk: interest rate risk, credit risk and market risk. The Company is subject to interest rate risk to the degree that its interest-bearing liabilities mature or reprice at different points in time and potentially at different bases, than its interest-earning assets. Credit risk is the risk of default on the Company's lending investments or leases that result from a borrower's or tenant's inability or unwillingness to make contractually required payments. Market risk reflects changes in the value of loans and other lending investments due to changes in interest rates or other market factors, including the rate of prepayments of principal and the value of the collateral underlying loans, the valuation of real estate assets by the Company as well as changes in foreign currency exchange rates. Risk concentrations —Concentrations of credit risks arise when a number of borrowers or tenants related to the Company's investments are engaged in similar business activities, or activities in the same geographic region, or have similar economic features that would cause their ability to meet contractual obligations, including those to the Company, to be similarly affected by changes in economic conditions. Substantially all of the Company's real estate as well as assets collateralizing its loans receivable are located in the United States. As of December 31, 2016 , the only states with a concentration greater than 10.0% were New York with 19.0% and California with 13.0% . As of December 31, 2016 , the Company's portfolio contains concentrations in the following asset types: l and 22.4% , office/industrial 22.9% , hotel 12.5% , entertainment/leisure 10.6% , condominium 10.0% and mixed use/mixed collateral 10.0% . The Company underwrites the credit of prospective borrowers and tenants and often requires them to provide some form of credit support such as corporate guarantees, letters of credit and/or cash security deposits. Although the Company's loans and real estate assets are geographically diverse and the borrowers and tenants operate in a variety of industries, to the extent the Company has a significant concentration of interest or operating lease revenues from any single borrower or tenant, the inability of that borrower or tenant to make its payment could have a material adverse effect on the Company. As of December 31, 2016 , the Company's five largest borrowers or tenants collectively accounted for approximately 18.4% of the Company's 2016 revenues, of which no single customer accounts for more than 5.9% . Derivatives The Company's use of derivative financial instruments is primarily limited to the utilization of interest rate swaps, interest rate caps and foreign exchange contracts. The principal objective of such financial instruments is to minimize the risks and/or costs associated with the Company's operating and financial structure and to manage its exposure to interest rates and foreign exchange rates. Derivatives not designated as hedges are not speculative and are used to manage the Company's exposure to interest rate movements, foreign exchange rate movements, and other identified risks, but may not meet the strict hedge accounting requirements. The table below presents the fair value of the Company's derivative financial instruments as well as their classification on the consolidated balance sheets as of December 31, 2016 and 2015 ($ in thousands): Derivative Assets as of December 31, Derivative Liabilities as of December 31, 2016 2015 2016 2015 Balance Sheet Location Fair Value Balance Sheet Location Fair Value Balance Sheet Location Fair Value Balance Sheet Location Fair Value Derivatives Designated in Hedging Relationships Foreign exchange contracts Other Assets $ — Other Assets $ 39 Other Liabilities $ 8 N/A $ — Interest rate swaps N/A — N/A — Other Liabilities 39 Other Liabilities 131 Total $ — $ 39 $ 47 $ 131 Derivatives not Designated in Hedging Relationships Foreign exchange contracts Other Assets $ 702 Other Assets $ 378 N/A $ — N/A $ — Interest rate cap Other Assets 25 Other Assets 1,105 N/A — N/A — Total $ 727 $ 1,483 $ — $ — The tables below present the effect of the Company's derivative financial instruments in the consolidated statements of operations and the consolidated statements of comprehensive income (loss) for the years ended December 31, 2016 , 2015 and 2014 ($ in thousands): Derivatives Designated in Hedging Relationships Location of Gain (Loss) Recognized in Income Amount of Gain (Loss) Recognized in Accumulated Other Comprehensive Income (Effective Portion) Amount of Gain (Loss) Reclassified from Accumulated Other Comprehensive Income into Earnings (Effective Portion) Amount of Gain (Loss) Reclassified from Accumulated Other Comprehensive Income into Earnings (Ineffective Portion) For the Year Ended December 31, 2016 Interest rate cap Interest Expense $ — $ (185 ) N/A Interest rate cap Earnings from equity investments (4 ) (3 ) N/A Interest rate swaps Interest Expense (175 ) (32 ) N/A Interest rate swaps Earnings from equity investments 94 (378 ) N/A Foreign exchange contracts Earnings from equity investments (167 ) — N/A For the Year Ended December 31, 2015 Interest rate cap Interest Expense — (626 ) N/A Interest rate cap Earnings from equity investments (13 ) (1 ) N/A Interest rate swaps Interest Expense (537 ) 170 N/A Interest rate swap Earnings from equity method investments (528 ) (464 ) N/A Foreign exchange contracts Earnings from equity method investments (124 ) — N/A For the Year Ended December 31, 2014 Interest rate cap Interest Expense — (56 ) N/A Interest rate cap Other Expense (2,984 ) — (3,634 ) Interest rate cap Earnings from equity method investments (9 ) — N/A Interest rate swaps Interest Expense (970 ) (6 ) N/A Interest rate swap Earnings from equity method investments (753 ) (420 ) N/A Foreign exchange contracts Earnings from equity method investments (471 ) — N/A Amount of Gain or (Loss) Recognized in Income Location of Gain or (Loss) Recognized in Income For the Years Ended December 31, Derivatives not Designated in Hedging Relationships 2016 2015 2014 Interest rate cap Other Expense $ (1,080 ) $ (3,671 ) $ (1,347 ) Foreign exchange contracts Other Expense 1,115 2,403 7,257 Foreign Exchange Contracts —The Company is exposed to fluctuations in foreign exchange rates on investments it holds in foreign entities. The Company uses foreign exchange contracts to hedge its exposure to changes in foreign exchange rates on its foreign investments. Foreign exchange contracts involve fixing the U.S. dollar ("USD") to the respective foreign currency exchange rate for delivery of a specified amount of foreign currency on a specified date. The foreign exchange contracts are typically cash settled in USD for their fair value at or close to their settlement date. For derivatives designated as net investment hedges, the effective portion of changes in the fair value of the derivatives are reported in Accumulated Other Comprehensive Income as part of the cumulative translation adjustment. The ineffective portion of the change in fair value of the derivatives is recognized directly in earnings. Amounts are reclassified out of Accumulated Other Comprehensive Income into earnings when the hedged foreign entity is either sold or substantially liquidated. As of December 31, 2016 , the Company had the following outstanding foreign currency derivatives that were used to hedge its net investments in foreign operations that were designated (Rs and $ in thousands): Derivative Type Notional Amount Notional (USD Equivalent) Maturity Sells Indian rupee ("INR")/Buys USD Forward ₨ 350,000 $ 5,089 April 2017 For derivatives not designated as net investment hedges, the changes in the fair value of the derivatives are reported in the Company's consolidated statements of operations within "Other Expense." As of December 31, 2016 , the Company had the following outstanding foreign currency derivatives that were used to hedge its net investments in foreign operations that were not designated ($, €, and £ in thousands): Derivative Type Notional Amount Notional (USD Equivalent) Maturity Sells euro ("EUR")/Buys USD Forward € 6,300 $ 7,095 January 2017 Sells pound sterling ("GBP")/Buys USD Forward £ 3,400 $ 4,427 January 2017 The Company marks its foreign investments each quarter based on current exchange rates and records the gain or loss through "Other expense" in its consolidated statements of operations for loan investments or "Accumulated other comprehensive income (loss)," on its consolidated balance sheets for net investments in foreign subsidiaries. The Company recorded net gains (losses) related to foreign investments of $0.1 million , $(0.1) million and $0.1 million during the years ended December 31, 2016 , 2015 and 2014 , respectively, in its consolidated statements of operations. Interest Rate Hedges —For derivatives designated as cash flow hedges, the effective portion of changes in the fair value of the derivatives are reported in Accumulated Other Comprehensive Income (Loss). The ineffective portion of the change in fair value of the derivatives is recognized directly in the Company's consolidated statements of operations. The Company entered into an interest rate swap to convert its variable rate debt to fixed rate on a $28.0 million secured term loan maturing in 2019. As of December 31, 2016 , the Company had the following outstanding interest rate swap that was used to hedge its variable rate debt that was designated as a cash flow hedge ($ in thousands): Derivative Type Notional Amount Variable Rate Fixed Rate Effective Date Maturity Interest rate swap $ 26,396 LIBOR + 2.00% 3.47% October 2012 November 2019 For derivatives not designated as cash flow hedges, the changes in the fair value of the derivatives are reported in the Company's consolidated statements of operations within "Other Expense." In August 2013, the Company entered into an interest rate cap agreement to reduce exposure to expected increases in future interest rates and the resulting payments associated with variable interest rate debt. In 2014, in connection with the full repayment and termination of one of the Company's credit facilities, the Company realized amounts in earnings from other comprehensive income (loss) as a portion of a hedge related to the Company's variable rate debt was no longer expected to be highly effective. The amount realized was a loss of $3.6 million recorded as a component of "Other expense" in the Company's consolidated statements of operations for the year ended December 31, 2014. As of December 31, 2016 , the Company had the following outstanding interest rate cap that was used to hedge its variable rate debt that was not designated as a cash flow hedge ($ in thousands): Derivative Type Notional Amount Variable Rate Fixed Rate Effective Date Maturity Interest rate cap $ 500,000 LIBOR 1.00% July 2014 July 2017 Over the next 12 months , the Company expects that $0.5 million relating to other cash flow hedges will be reclassified from "Accumulated other comprehensive income (loss)" into earnings. Credit Risk-Related Contingent Features —The Company has agreements with each of its derivative counterparties that contain a provision where if the Company either defaults or is capable of being declared in default on any of its indebtedness, then the Company could also be declared in default on its derivative obligations. The Company reports derivative instruments on a gross basis in the consolidated financial statements. In connection with its foreign currency derivatives which were in a liability position as of December 31, 2016 and 2015 , the Company has posted collateral of $0.4 million and $1.0 million , respectively, and is included in "Deferred expenses and other assets, net" on the Company's consolidated balance sheets. The Company's net exposure under these contracts was zero as of December 31, 2016 .

Equity

Equity	12 Months Ended
	Dec. 31, 2016
Equity [Abstract]
Equity	Equity Preferred Stock —The Company had the following series of Cumulative Redeemable and Convertible Perpetual Preferred Stock outstanding as of December 31, 2016 and 2015 : Cumulative Preferential Cash Dividends (1)(2) Series Shares Issued and Outstanding (in thousands) Par Value Liquidation Preference (3)(4) Rate per Annum Equivalent to Fixed Annual Rate (per share) D 4,000 $ 0.001 $ 25.00 8.00 % $ 2.00 E 5,600 0.001 25.00 7.875 % 1.97 F 4,000 0.001 25.00 7.80 % 1.95 G 3,200 0.001 25.00 7.65 % 1.91 I 5,000 0.001 25.00 7.50 % 1.88 J (convertible) 4,000 0.001 50.00 4.50 % 2.25 25,800 _______________________________________________________________________________ (1) Holders of shares of the Series D, E, F, G, I and J preferred stock are entitled to receive dividends, when and as declared by the Company's Board of Directors, out of funds legally available for the payment of dividends. Dividends are cumulative from the date of original issue and are payable quarterly in arrears on or before the 15th day of each March, June, September and December or, if not a business day, the next succeeding business day. Any dividend payable on the preferred stock for any partial dividend period will be computed on the basis of a 360 -day year consisting of twelve 30 -day months. Dividends will be payable to holders of record as of the close of business on the first day of the calendar month in which the applicable dividend payment date falls or on another date designated by the Company's Board of Directors for the payment of dividends that is not more than 30 nor less than 10 days prior to the dividend payment date. (2) The Company declared and paid dividends of $8.0 million , $11.0 million , $7.8 million , $6.1 million and $9.4 million on its Series D, E, F, G and I Cumulative Redeemable Preferred Stock during the years ended December 31, 2016 and 2015 . The Company declared and paid dividends of $9.0 million on its Series J Convertible Perpetual Preferred Stock during the years ended December 31, 2016 and 2015 , respectively. The character of the 2016 dividends are as follows: 47.30% is a capital gain distribution, of which 76.15% represents unrecaptured section 1250 gain and 23.85% long term capital gain, and 52.70% is ordinary income. All 2015 dividends qualified as a return of capital for tax reporting purposes. There are no dividend arrearages on any of the preferred shares currently outstanding. (3) The Company may, at its option, redeem the Series D, E, F, G, and I Preferred Stock, in whole or in part, at any time and from time to time, for cash at a redemption price equal to 100% of the liquidation preference of $25.00 per share, plus accrued and unpaid dividends, if any, to the redemption date. (4) Each share of the Series J Preferred Stock is convertible at the holder's option at any time, initially into 3.9087 shares of the Company's common stock (equal to an initial conversion price of approximately $12.79 per share), subject to specified adjustments. The Company may not redeem the Series J Preferred Stock prior to March 15, 2018. On or after March 15, 2018, the Company may, at its option, redeem the Series J Preferred Stock, in whole or in part, at any time and from time to time, for cash at a redemption price equal to 100% of the liquidation preference of $50.00 per share, plus accrued and unpaid dividends, if any, to the redemption date. High Performance Unit Program In May 2002, the Company's shareholders approved the iStar HPU Program. The program entitled employee participants ("HPU Holders") to receive distributions if the total rate of return on the Company's common stock (share price appreciation plus dividends) exceeded certain performance thresholds over a specified valuation period. The Company established seven HPU plans that had valuation periods ending between 2002 and 2008 and the Company has not established any new HPU plans since 2005. HPU Holders purchased interests in the High Performance common stock for an aggregate initial purchase price of $9.8 million . The remaining four plans that had valuation periods which ended in 2005, 2006, 2007 and 2008, did not meet their required performance thresholds, none of the plans were funded and the Company redeemed the participants' units. The 2002, 2003 and 2004 plans all exceeded their performance thresholds and were entitled to receive distributions equivalent to the amount of dividends payable on 819,254 shares, 987,149 shares and 1,031,875 shares, respectively, of the Company's common stock as and when such dividends were paid on the Company's common stock. Each of these three plans had 5,000 shares of High Performance common stock associated with it, which was recorded as a separate class of stock within shareholders' equity on the Company's consolidated balance sheets. High Performance common stock carried 0.25 votes per share. Net income allocable to common shareholders is reduced by the HPU holders' share of earnings. In August 2015, the Company repurchased and retired all of its outstanding 14,888 HPUs, representing approximately 2.8 million common stock equivalents. The Company repurchased these HPUs at fair value from current and former employees through an arms-length exchange offer. HPU holders could have elected to receive $9.30 in cash or 0.7 shares of iStar common stock, or a combination thereof, per common stock equivalent underlying the HPUs. Approximately 37% of the outstanding HPUs were exchanged for $9.8 million in cash and approximately 63% of the outstanding HPUs were exchanged for 1.2 million shares of iStar common stock with a fair value of $15.2 million , representing the number of shares issued at the closing price of the Company's common stock on August 13, 2015. The transaction value in excess of the HPUs carrying value of $9.8 million was recorded as a reduction to retained earnings (deficit) in the Company's consolidated statements of changes in equity. Dividends —To maintain its qualification as a REIT, the Company must annually distribute, at a minimum, an amount equal to 90% of its taxable income, excluding net capital gains, and must distribute 100% of its taxable income (including net capital gains) to eliminate corporate federal income taxes payable by the REIT. The Company has recorded NOLs and may record NOLs in the future, which may reduce its taxable income in future periods and lower or eliminate entirely the Company's obligation to pay dividends for such periods in order to maintain its REIT qualification. As of December 31, 2015 , the Company had $902.9 million of NOL carryforwards at the corporate REIT level that can generally be used to offset both ordinary taxable income and capital gain net income in future years. The NOL carryforwards will expire beginning in 2029 and through 2035 if unused. The amount of NOL carryforwards as of December 31, 2016 will be determined upon finalization of the Company's 2016 tax return. Because taxable income differs from cash flow from operations due to non-cash revenues and expenses (such as depreciation and certain asset impairments), in certain circumstances, the Company may generate operating cash flow in excess of its dividends, or alternatively, may need to make dividend payments in excess of operating cash flows. The 2016 Senior Secured Credit Facility and the 2015 Secured Revolving Credit Facility permit the Company to distribute 100% of its REIT taxable income on an annual basis (prior to deducting certain cumulative NOL carryforwards), as long as the Company maintains its REIT qualification. The 2016 Senior Secured Credit Facility and the 2015 Secured Revolving Credit Facility restrict the Company from paying any common dividends if it ceases to qualify as a REIT. The Company did not declare or pay any common stock dividends for the years ended December 31, 2016 and 2015 . Stock Repurchase Program —In February 2016, after having substantially utilized the remaining availability previously authorized, the Company's Board of Directors authorized a new $50.0 million stock repurchase program. After having substantially utilized the availability authorized in February 2016, the Company's Board of Directors authorized an increase to the stock repurchase program to $50.0 million , effective August 4, 2016. The program authorizes the repurchase of common stock from time to time in open market and privately negotiated purchases, including pursuant to one or more trading plans. During the year ended December 31, 2016 , the Company repurchased 10.2 million shares of its outstanding common stock for $98.4 million , at an average cost of $9.67 per share. During the year ended December 31, 2015 , the Company repurchased 5.7 million shares of its outstanding common stock for $70.4 million , at an average cost of $12.25 per share. As of December 31, 2016 , the Company had remaining authorization to repurchase up to $50.0 million of common stock available to repurchase under its stock repurchase program. Accumulated Other Comprehensive Income (Loss) —"Accumulated other comprehensive income (loss)" reflected in the Company's shareholders' equity is comprised of the following ($ in thousands): As of December 31, 2016 2015 Unrealized gains (losses) on available-for-sale securities $ 149 $ (125 ) Unrealized gains (losses) on cash flow hedges 27 (690 ) Unrealized losses on cumulative translation adjustment (4,394 ) (4,036 ) Accumulated other comprehensive income (loss) $ (4,218 ) $ (4,851 )

Stock-Based Compensation Plans

Stock-Based Compensation Plans and Employee Benefits	12 Months Ended
	Dec. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-Based Compensation Plans and Employee Benefits	Stock-Based Compensation Plans and Employee Benefits Stock-Based Compensation —The Company recorded stock-based compensation expense, including the effect of performance incentive plans (see below), of $10.9 million , $12.0 million and $13.3 million , respectively, for the years ended December 31, 2016 , 2015 and 2014 in "General and administrative" in the Company's consolidated statements of operations. As of December 31, 2016 , there was $1.9 million of total unrecognized compensation cost related to all unvested restricted stock units that is expected to be recognized over a weighted average remaining vesting/service period of 2.07 years. Performance Incentive Plans —The Company's Performance Incentive Plan ("iPIP") is designed to provide, primarily to senior executives and select professionals engaged in the Company's investment activities, long-term compensation which has a direct relationship to the realized returns on investments included in the plan. The following is a summary of granted iPIP points. • In May 2014, the Company granted 73 iPIP points for the initial 2013-2014 investment pool. • In January 2015, the Company granted an additional 10 points for the 2013-2014 investment pool and 34 iPIP points for the 2015-2016 investment pool. • In January 2016, the Company granted an additional 10 iPIP points in the 2013-2014 investment pool and an additional 40 iPIP points in the 2015-2016 investment pool. • In June 2016, the Company granted an additional 2.5 points in the 2015-2016 investment pool. All decisions regarding the granting of points under iPIP are made at the discretion of the Company's Board of Directors or a committee of the Board of Directors. The fair value of points is determined using a model that forecasts the Company's projected investment performance. The payout of iPIP is based on the amount of invested capital, investment performance and the Company's total shareholder return ("TSR") as compared to the average TSR of the NAREIT All REIT Index and the Russell 2000 Index during the relevant performance period for the investments in each pool. The Company, as well as any companies not included in each index at the beginning and end of the performance period, are excluded from calculation of the performance of such index. Point holders will not receive a distribution until the Company has received a full return of its capital plus a preferred return distribution, which is based on a preferred return hurdle rate of 9% per annum. Subject to certain vesting and employment requirements, point holders will be paid a combination of cash and stock. iPIP is a liability-classified award which will be remeasured each reporting period at fair value until the awards are settled. Compensation costs relating to iPIP are included in "General and administrative" in the Company's consolidated statements of operations. As of December 31, 2016 and 2015, the Company had accrued compensation costs relating to iPIP of $22.4 million and $16.6 million , respectively, which are included in "Accounts payable, accrued expenses and other liabilities" on the Company's consolidated balance sheets. Long-Term Incentive Plan —The Company's shareholders approved the Company's 2009 Long-Term Incentive Plan (the "2009 LTIP") which is designed to provide incentive compensation for officers, key employees, directors and advisors of the Company. Shareholders approved amendments to the 2009 LTIP and the performance-based provisions of the 2009 LTIP in 2014. The 2009 LTIP provides for awards of stock options, shares of restricted stock, phantom shares, restricted stock units, dividend equivalent rights and other share-based performance awards. A maximum of 8,000,000 shares of common stock may be awarded under the 2009 LTIP. All awards under the 2009 LTIP are made at the discretion of the Company's Board of Directors or a committee of the Board of Directors. As of December 31, 2016 , an aggregate of 3.6 million shares remain available for issuance pursuant to future awards under the Company's 2009 Long-Term Incentive Plans. Restricted Share Issuances —During the year ended December 31, 2016 , the Company granted 92,057 shares of common stock to certain employees under the 2009 LTIP as part of annual incentive awards that included a mix of cash and equity awards. The weighted average grant date fair value per share of these share awards was $8.46 and the total fair value was $0.7 million . The shares are fully-vested and 58,667 shares were issued net of statutory minimum required tax withholdings. The employees are restricted from selling these shares for up to 18 months from the date of grant. Restricted Stock Units Changes in non-vested restricted stock units ("Units") during the year ended December 31, 2016 were as follows (number of shares and $ in thousands, except per share amounts): Number of Shares Weighted Average Grant Date Fair Value Per Share Aggregate Intrinsic Value Non-vested as of December 31, 2015 426 $ 12.90 $ 4,991 Granted 223 $ 10.11 Vested (277 ) $ 10.91 Forfeited (82 ) $ 17.49 Non-vested as of December 31, 2016 290 $ 11.33 $ 3,578 The total fair value of Units vested during the years ended December 31, 2016 , 2015 and 2014 was $2.9 million , $0.1 million and $39.2 million , respectively. The weighted-average grant date fair value per share of Units granted during the years ended December 31, 2016, 2015 and 2014 was $10.11 , $13.65 and $15.31 , respectively. As of December 31, 2016 , 38,070 market-based Units did not meet the criteria to vest. The market-condition was based on the Company's TSR measured over a performance period ending on the vesting date of December 31, 2016. Under the terms of these Units, vesting ranged from 0% to 200% of the target amount of the awards, depending on the Company's TSR performance relative to the NAREIT All REITs Index (one-half of the target amount of the award) and the Russell 2000 Index (one-half of the target amount of the award) during the performance period. The Company and any companies not included in the index at the beginning and end of the performance period were excluded from calculation of the performance of such index. Based on the Company's TSR performance, the Units were below the minimum threshold payout level, resulting in no payout of awards. 2016 Restricted Stock Unit Activity —During the year ended December 31, 2016 , the Company granted new stock-based compensation awards to certain employees in the form of long-term incentive awards, comprised of the following: • 20,000 fully-vested shares of the Company's common stock granted on June 15, 2016. Under this award, 12,030 shares were issued as of that date, after deducting shares for minimum required statutory withholdings. In addition, 80,000 service-based Units were granted on June 15, 2016, representing the right to receive an equivalent number of shares of the Company's common stock (after deducting shares for minimum required statutory withholdings) if and when the Units vest. The Units will vest in equal annual installments over four years on each anniversary of the grant date, if the employee remains employed by the Company on the vesting date, subject to certain accelerated vesting rights. Upon vesting of these Units, the holder will receive shares of the Company's common stock in the amount of the vested Units, net of statutory minimum required tax withholdings. Dividends will accrue as and when dividends are declared by the Company on shares of its common stock, but will not be paid unless and until the Units vest and are settled. As of December 31, 2016 , 80,000 of such service-based Units were outstanding. • 122,817 service-based Units granted on January 29, 2016, representing the right to receive an equivalent number of shares of the Company's common stock (after deducting shares for minimum required statutory withholdings) if and when the Units vest. The Units will cliff vest in one installment on December 31, 2018, if the employee remains employed by the Company on the vesting date, subject to certain accelerated vesting rights. Dividends will accrue as and when dividends are declared by the Company on shares of its common stock, but will not be paid unless and until the Units vest and are settled. As of December 31, 2016 , 109,417 of such service-based Units were outstanding. As of December 31, 2016 , the Company had the following additional stock-based compensation awards outstanding: • 39,071 target amount of market-based Units granted on January 30, 2015, representing the right to receive an equivalent number of shares of the Company's common stock (after deducting shares for minimum required statutory withholdings) if and when the Units vest. The performance is based on the Company's TSR, measured over a performance period ending on December 31, 2017, which is the date the awards cliff vest. Vesting will range from 0% to 200% of the target amount of the awards, depending on the Company’s TSR performance relative to the NAREIT All REITs Index (one-half of the target amount of the award) and the Russell 2000 Index (one-half of the target amount of the award) during the performance period. The Company, as well as any companies not included in each index at the beginning and end of the performance period, are excluded from calculation of the performance of such index. To the extent Units vest based on the Company's TSR performance, holders will receive an equivalent number of shares of common stock (after deducting shares for minimum required statutory withholdings), if the employee remains employed by the Company on the vesting date, subject to certain accelerated vesting rights. Dividends will accrue as and when dividends are declared by the Company on shares of its common stock, but will not be paid unless and until the Units vest and are settled. The fair values of the market-based Units were determined by utilizing a Monte Carlo model to simulate a range of possible future stock prices for the Company's common stock. The assumptions used to estimate the fair value of these market-based awards were 0.75% for risk-free interest rate and 28.14% for expected stock price volatility. • 56,020 service-based Units granted on January 30, 2015, representing the right to receive an equivalent number of shares of the Company's common stock (after deducting shares for minimum required statutory withholdings) if and when the Units vest. The Units will cliff vest in one installment on December 31, 2017, if the employee remains employed by the Company on the vesting date, subject to certain accelerated vesting rights. Dividends will accrue as and when dividends are declared by the Company on shares of its common stock, but will not be paid unless and until the Units vest and are settled. • 4,751 service-based Units granted on various dates, representing the right to receive an equivalent number of shares of the Company's common stock (after deducting shares for minimum required statutory withholdings) if and when the Units vest. The Units have an original vesting term of three years. Upon vesting of these Units, holders will receive shares of the Company's common stock in the amount of the vested Units, net of statutory minimum required tax withholdings. Dividends will accrue as and when dividends are declared by the Company on shares of its common stock, but will not be paid unless and until the Units vest and are settled. Directors' Awards —Non-employee directors are awarded CSEs or restricted share awards at the time of the annual shareholders' meeting in consideration for their services on the Company's Board of Directors. During the year ended December 31, 2016 , the Company awarded to non-employee Directors 12,953 CSEs and 72,537 restricted shares of common stock at a fair value per share of $9.65 at the time of grant. These CSEs and restricted shares have a vesting term of 7.5 months and one year, respectively. Dividends will accrue as and when dividends are declared by the Company on shares of its common stock, but will not be paid unless and until the CSEs and restricted shares of common stock vest and are settled. As of December 31, 2016 , a combined total of 333,384 CSEs and restricted shares of common stock granted to members of the Company's Board of Directors remained outstanding under the Company's Non-Employee Directors Deferral Plan, with an aggregate intrinsic value of $4.1 million . 401(k) Plan —The Company has a savings and retirement plan (the "401(k) Plan"), which is a voluntary, defined contribution plan. All employees are eligible to participate in the 401(k) Plan following completion of three months of continuous service with the Company. Each participant may contribute on a pretax basis up to the maximum percentage of compensation and dollar amount permissible under Section 402(g) of the Internal Revenue Code not to exceed the limits of Code Sections 401(k), 404 and 415. At the discretion of the Company's Board of Directors, the Company may make matching contributions on the participant's behalf of up to 50% of the first 10% of the participant's annual compensation. The Company made gross contributions of $1.0 million , $1.0 million and $0.9 million , respectively, for the years ended December 31, 2016 , 2015 and 2014.

Earnings Per Share

Earnings Per Share	12 Months Ended
	Dec. 31, 2016
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per Share Earnings per share ("EPS") is calculated using the two-class method, which allocates earnings among common stock and participating securities to calculate EPS when an entity's capital structure includes either two or more classes of common stock or common stock and participating securities. HPU holders were current and former Company employees who purchased high performance common stock units under the Company's High Performance Unit Program. These HPU units were treated as a separate class of common stock. All of the Company's outstanding HPUs were repurchased and retired on August 13, 2015 (refer to Note 13). The following table presents a reconciliation of income (loss) from operations used in the basic and diluted EPS calculations ($ in thousands, except for per share data): For the Years Ended December 31, 2016 2015 2014 Income (loss) from operations $ (5,114 ) $ (99,973 ) $ (74,178 ) Income from sales of real estate 105,296 93,816 89,943 Net (income) loss attributable to noncontrolling interests (4,876 ) 3,722 704 Preferred dividends (51,320 ) (51,320 ) (51,320 ) Income (loss) from operations attributable to iStar Inc. and allocable to common shareholders, HPU holders and Participating Security Holders for basic earnings per common share (1) $ 43,986 $ (53,755 ) $ (34,851 ) Add: Effect of joint venture shares 7 — — Add: Effect of 1.50% senior convertible unsecured notes 3,907 — — Add: Effect of 3.00% senior convertible unsecured notes 6,239 — — Income (loss) from operations attributable to iStar Inc. and allocable to common shareholders, HPU holders and Participating Security Holders for diluted earnings per common share (1) $ 54,139 $ (53,755 ) $ (34,851 ) _______________________________________________________________________________ (1) For the year ended December 31, 2016, includes income from operations allocable to Participating Security Holders of $14 and $13 on a basic and dilutive basis. For the Years Ended December 31, 2016 2015 2014 Earnings allocable to common shares: Numerator for basic earnings per share: Income (loss) from operations attributable to iStar Inc. and allocable to common shareholders $ 43,972 $ (52,675 ) $ (33,722 ) Net income (loss) attributable to iStar Inc. and allocable to common shareholders $ 43,972 $ (52,675 ) $ (33,722 ) Numerator for diluted earnings per share: Income (loss) from operations attributable to iStar Inc. and allocable to common shareholders $ 54,126 $ (52,675 ) $ (33,722 ) Net income (loss) attributable to iStar Inc. and allocable to common shareholders $ 54,126 $ (52,675 ) $ (33,722 ) Denominator for basic and diluted earnings per share: Weighted average common shares outstanding for basic earnings per common share 73,453 84,987 85,031 Add: Effect of assumed shares issued under treasury stock method or restricted stock units 84 — — Add: Effect of joint venture shares 298 — — Add: Effect of 1.50% senior convertible unsecured notes 9,868 — — Add: Effect of 3.00% senior convertible unsecured notes 14,764 — — Weighted average common shares outstanding for diluted earnings per common share 98,467 84,987 85,031 Basic earnings per common share: Income (loss) from operations attributable to iStar Inc. and allocable to common shareholders $ 0.60 $ (0.62 ) $ (0.40 ) Net income (loss) attributable to iStar Inc. and allocable to common shareholders $ 0.60 $ (0.62 ) $ (0.40 ) Diluted earnings per common share: Income (loss) from operations attributable to iStar Inc. and allocable to common shareholders $ 0.55 $ (0.62 ) $ (0.40 ) Net income (loss) attributable to iStar Inc. and allocable to common shareholders $ 0.55 $ (0.62 ) $ (0.40 ) For the Years Ended December 31, 2016 2015 2014 Earnings allocable to HPUs (1) : Numerator for basic and diluted earnings per HPU share: Net income (loss) attributable to iStar Inc. and allocable to HPU holders $ — $ (1,080 ) $ (1,129 ) Denominator for basic and diluted earnings per HPU share: Weighted average HPUs outstanding for basic and diluted earnings per share — 9 15 Basic and diluted earnings per HPU share: Net income (loss) attributable to iStar Inc. and allocable to HPU holders $ — $ (120.00 ) $ (75.27 ) _______________________________________________________________________________ (1) All of the Company's outstanding HPUs were repurchased and retired on August 13, 2015 (refer to Note 13). For the years ended December 31, 2016 , 2015 and 2014 , the following shares were not included in the diluted EPS calculation because they were anti-dilutive (in thousands): For the Years Ended December 31, 2016 (1) 2015 (1) 2014 (1) Joint venture shares — 298 298 3.00% convertible senior unsecured notes — 16,992 16,992 Series J convertible perpetual preferred stock 15,635 15,635 15,635 1.50% convertible senior unsecured notes — 11,567 11,567 _______________________________________________________________________________ (1) For the years ended December 31, 2015 and 2014 , the effect of the Company's unvested Units, market-based Units and CSEs were anti-dilutive. (2) For the year ended December 31, 2016, the effect of 16 and 125 unvested time and market-based Units, respectively, were anti-dilutive.

Fair Values

Fair Values	12 Months Ended
	Dec. 31, 2016
Fair Value Disclosures [Abstract]
Fair Values	Fair Values Fair value represents the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The following fair value hierarchy prioritizes the inputs to be used in valuation techniques to measure fair value: Level 1: Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities; Level 2: Quoted prices in markets that are not active, or inputs which are observable, either directly or indirectly, for substantially the full term of the asset or liability; and Level 3: Prices or valuation techniques that require inputs that are both significant to the fair value measurement and unobservable (i.e., supported by little or no market activity). Certain of the Company's assets and liabilities are recorded at fair value either on a recurring or non-recurring basis. Assets required to be marked-to-market and reported at fair value every reporting period are classified as being valued on a recurring basis. Assets not required to be recorded at fair value every period may be recorded at fair value if a specific provision or other impairment is recorded within the period to mark the carrying value of the asset to market as of the reporting date. Such assets are classified as being valued on a non-recurring basis. The following fair value hierarchy table summarizes the Company's assets and liabilities recorded at fair value on a recurring and non-recurring basis by the above categories ($ in thousands): Fair Value Using Total Quoted market prices in active markets (Level 1) Significant other observable inputs (Level 2) Significant unobservable inputs (Level 3) As of December 31, 2016 Recurring basis: Derivative assets (1) $ 727 $ — $ 727 $ — Derivative liabilities (1) 47 — 47 — Available-for-sale securities (1) 21,666 — — 21,666 Non-recurring basis: Impaired loans (2) 7,200 — — 7,200 Impaired real estate (3) 3,063 — — 3,063 As of December 31, 2015 Recurring basis: Derivative assets (1) $ 1,522 $ — $ 1,522 $ — Derivative liabilities (1) 131 — 131 — Available-for-sale securities (1) 1,161 — — 1,161 Non-recurring basis: Impaired loans (4) 3,200 — — 3,200 _______________________________________________________________________________ (1) The fair value of the Company's derivatives are based upon widely accepted valuation techniques utilized by a third-party specialist using observable inputs such as interest rates and contractual cash flow and are classified as Level 2. The fair value of the Company's available-for-sale securities are based upon unadjusted third-party broker quotes and are classified as Level 3. (2) The Company recorded a provision for loan losses on one loan with a fair value of $5.2 million using an appraisal based on market comparable sales. In addition, the Company recorded a recovery of loan losses on one loan with a fair value of $2.0 million based on proceeds to be received. (3) The Company recorded an impairment on one real estate asset with a fair value of $3.1 million based on a discount rate of 11% using discounted cash flows over a two year sellout period. (4) The Company recorded a provision for loan losses on one loan with a fair value of $3.2 million based on a discounted cash flow analysis using a discount rate of 14% . The following table summarizes changes in Level 3 available-for-sale securities reported at fair value on the Company's consolidated balance sheets for the years ended December 31, 2016 and 2015 ($ in thousands): 2016 2015 Beginning balance $ 1,161 $ 1,167 Purchases 20,240 — Repayments (10 ) (10 ) Unrealized gains recorded in other comprehensive income 275 4 Ending balance $ 21,666 $ 1,161 Fair values of financial instruments— The Company's estimated fair values of its loans receivable and other lending investments and outstanding debt was $1.5 billion and $3.6 billion , respectively, as of December 31, 2016 and $1.6 billion and $4.3 billion , respectively, as of December 31, 2015 . The Company determined that the significant inputs used to value its loans receivable and other lending investments and debt obligations fall within Level 3 of the fair value hierarchy. The carrying value of other financial instruments including cash and cash equivalents, restricted cash, accrued interest receivable and accounts payable, approximate the fair values of the instruments. Cash and cash equivalents and restricted cash values are considered Level 1 on the fair value hierarchy. The fair value of other financial instruments, including derivative assets and liabilities, are included in the fair value hierarchy table above. Given the nature of certain assets and liabilities, clearly determinable market based valuation inputs are often not available, therefore, these assets and liabilities are valued using internal valuation techniques. Subjectivity exists with respect to these internal valuation techniques, therefore, the fair values disclosed may not ultimately be realized by the Company if the assets were sold or the liabilities were settled with third parties. The methods the Company used to estimate the fair values presented in the table above are described more fully below for each type of asset and liability. Derivatives —The Company uses interest rate swaps, interest rate caps and foreign exchange contracts to manage its interest rate and foreign currency risk. The valuation of these instruments is determined using discounted cash flow analysis on the expected cash flows of each derivative. This analysis reflects the contractual terms of the derivatives, including the period to maturity, and uses observable market-based inputs, including interest rate curves, foreign exchange rates, and implied volatilities. The Company incorporates credit valuation adjustments to appropriately reflect both its own non-performance risk and the respective counterparty's non-performance risk in the fair value measurements. In adjusting the fair value of its derivative contracts for the effect of non-performance risk, the Company has considered the impact of netting and any applicable credit enhancements, such as collateral postings, thresholds, mutual puts and guarantees. The Company has determined that the significant inputs used to value its derivatives fall within Level 2 of the fair value hierarchy. Impaired loans —The Company's loans identified as being impaired are nearly all collateral dependent loans and are evaluated for impairment by comparing the estimated fair value of the underlying collateral, less costs to sell, to the carrying value of each loan. Due to the nature of the individual properties collateralizing the Company's loans, the Company generally uses a discounted cash flow methodology through internally developed valuation models to estimate the fair value of the collateral. This approach requires the Company to make judgments in respect to significant unobservable inputs, which may include discount rates, capitalization rates and the timing and amounts of estimated future cash flows. For income producing properties, cash flows generally include property revenues, operating costs and capital expenditures that are based on current observable market rates and estimates for market rate growth and occupancy levels. For other real estate, cash flows may include lot and unit sales that are based on current observable market rates and estimates for annual revenue growth, operating costs, costs of completion and the inventory sell out pricing and timing. The Company will also consider market comparables if available. In more limited cases, the Company obtains external "as is" appraisals for loan collateral, generally when third party participations exist, and appraised values may be discounted when real estate markets rapidly deteriorate. The Company has determined that significant inputs used in its internal valuation models and appraisals fall within Level 3 of the fair value hierarchy. Impaired real estate —If the Company determines a real estate asset available and held for sale is impaired, it records an impairment charge to adjust the asset to its estimated fair market value less costs to sell. Due to the nature of individual real estate properties, the Company generally uses a discounted cash flow methodology through internally developed valuation models to estimate the fair value of the assets. This approach requires the Company to make judgments with respect to significant unobservable inputs, which may include discount rates, capitalization rates and the timing and amounts of estimated future cash flows. For income producing properties, cash flows generally include property revenues, operating costs and capital expenditures that are based on current observable market rates and estimates for market rate growth and occupancy levels. For other real estate, cash flows may include lot and unit sales that are based on current observable market rates and estimates for annual market rate growth, operating costs, costs of completion and the inventory sell out pricing and timing. The Company will also consider market comparables if available. In more limited cases, the Company obtains external "as is" appraisals for real estate assets and appraised values may be discounted when real estate markets rapidly deteriorate. The Company has determined that significant inputs used in its internal valuation models and appraisals fall within Level 3 of the fair value hierarchy. Additionally, in certain cases, if the Company is under contract to sell an asset, it will mark the asset to the contracted sales price less costs to sell. The Company considers this to be a Level 3 input under the fair value hierarchy. Loans receivable and other lending investments —The Company estimates the fair value of its performing loans and other lending investments using a discounted cash flow methodology. This method discounts estimated future cash flows using rates management determines best reflect current market interest rates that would be offered for loans with similar characteristics and credit quality. The Company determined that the significant inputs used to value its loans and other lending investments fall within Level 3 of the fair value hierarchy. For certain lending investments, the Company uses market quotes, to the extent they are available, that fall within Level 2 of the fair value hierarchy or broker quotes that fall within Level 3 of the fair value hierarchy. Debt obligations, net —For debt obligations traded in secondary markets, the Company uses market quotes, to the extent they are available, to determine fair value and are considered Level 2 on the fair value hierarchy. For debt obligations not traded in secondary markets, the Company determines fair value using a discounted cash flow methodology, whereby contractual cash flows are discounted at rates that management determines best reflect current market interest rates that would be charged for debt with similar characteristics and credit quality. The Company has determined that the inputs used to value its debt obligations under the discounted cash flow methodology fall within Level 3 of the fair value hierarchy.

Segment Reporting

Segment Reporting	12 Months Ended
	Dec. 31, 2016
Segment Reporting [Abstract]
Segment Reporting	Segment Reporting The Company has determined that it has four reportable segments based on how management reviews and manages its business. These reportable segments include: Real Estate Finance, Net Lease, Operating Properties and Land and Development. The Real Estate Finance segment includes all of the Company's activities related to senior and mezzanine real estate loans and real estate related securities. The Net Lease segment includes the Company's activities and operations related to the ownership of properties generally leased to single corporate tenants. The Operating Properties segment includes the Company's activities and operations related to its commercial and residential properties. The Land and Development segment includes the Company's activities related to its developable land portfolio. The Company evaluates performance based on the following financial measures for each segment. The Company's segment information is as follows ($ in thousands): Real Estate Finance Net Lease Operating Properties Land and Development Corporate/Other (1) Company Total Year Ended December 31, 2016 Operating lease income $ — $ 148,002 $ 64,593 $ 423 $ — $ 213,018 Interest income 129,153 — — — — 129,153 Other income 4,658 1,633 33,216 3,170 3,838 46,515 Land development revenue — — — 88,340 — 88,340 Earnings (loss) from equity method investments — 3,567 33,863 30,012 9,907 77,349 Income from sales of real estate — 21,138 75,357 8,801 — 105,296 Total revenue and other earnings 133,811 174,340 207,029 130,746 13,745 659,671 Real estate expense — (19,058 ) (82,401 ) (36,963 ) — (138,422 ) Land development cost of sales — — — (62,007 ) — (62,007 ) Other expense (2,719 ) — — — (3,164 ) (5,883 ) Allocated interest expense (57,787 ) (65,880 ) (23,156 ) (34,888 ) (39,687 ) (221,398 ) Allocated general and administrative (2) (15,311 ) (17,585 ) (6,574 ) (13,693 ) (19,975 ) (73,138 ) Segment profit (loss) (3) $ 57,994 $ 71,817 $ 94,898 $ (16,805 ) $ (49,081 ) $ 158,823 Other significant non-cash items: Recovery of loan losses $ (12,514 ) $ — $ — $ — $ — $ (12,514 ) Impairment of assets — 4,829 5,855 3,800 — 14,484 Depreciation and amortization — 34,049 17,887 1,296 1,097 54,329 Capitalized expenditures — 3,667 56,784 109,548 — 169,999 Real Estate Finance Net Lease Operating Properties Land and Development Corporate/Other (1) Company Total Year Ended December 31, 2015 Operating lease income $ — $ 151,481 $ 77,454 $ 785 $ — $ 229,720 Interest income 134,687 — — — — 134,687 Other income 9,737 357 34,637 1,219 3,981 49,931 Land development revenue — — — 100,216 — 100,216 Earnings (loss) from equity method investments — 5,221 1,663 16,683 8,586 32,153 Income from sales of real estate — 40,082 53,734 — — 93,816 Total revenue and other earnings 144,424 197,141 167,488 118,903 12,567 640,523 Real estate expense — (21,855 ) (95,888 ) (29,007 ) — (146,750 ) Land development cost of sales — — — (67,382 ) — (67,382 ) Other expense (2,291 ) — — — (4,083 ) (6,374 ) Allocated interest expense (57,109 ) (66,504 ) (28,014 ) (32,087 ) (40,925 ) (224,639 ) Allocated general and administrative (2) (13,128 ) (15,569 ) (6,988 ) (11,488 ) (22,091 ) (69,264 ) Segment profit (loss) (3) $ 71,896 $ 93,213 $ 36,598 $ (21,061 ) $ (54,532 ) $ 126,114 Other significant non-cash items: Provision for loan losses $ 36,567 $ — $ — $ — $ — $ 36,567 Impairment of assets — — 5,935 4,589 — 10,524 Depreciation and amortization — 38,138 24,548 1,422 1,139 65,247 Capitalized expenditures — 4,195 84,103 94,971 — 183,269 Real Estate Finance Net Lease Operating Properties Land and Development Corporate/Other (1) Company Total Year Ended December 31, 2014 Operating lease income $ — $ 151,934 $ 90,331 $ 835 $ — $ 243,100 Interest income 122,704 — — — — 122,704 Other income 21,217 4,437 42,000 3,327 10,052 81,033 Land development revenue — — — 15,191 — 15,191 Earnings (loss) from equity method investments — 3,260 1,669 14,966 75,010 94,905 Income from sales of real estate — 6,206 83,737 — — 89,943 Total revenue and other earnings 143,921 165,837 217,737 34,319 85,062 646,876 Real estate expense — (22,967 ) (113,504 ) (26,918 ) — (163,389 ) Land development cost of sales — — — (12,840 ) — (12,840 ) Other expense (243 ) — — — (6,097 ) (6,340 ) Allocated interest expense (5) (58,043 ) (72,089 ) (39,535 ) (29,432 ) (25,384 ) (224,483 ) Allocated general and administrative (2) (13,211 ) (16,603 ) (9,608 ) (13,062 ) (22,489 ) (74,973 ) Segment profit (loss) (3) $ 72,424 $ 54,178 $ 55,090 $ (47,933 ) $ 31,092 $ 164,851 Other significant non-cash items: Recovery of loan losses $ (1,714 ) $ — $ — $ — $ — $ (1,714 ) Impairment of assets (5) — 3,689 8,131 22,814 — 34,634 Depreciation and amortization (5) — 38,841 32,142 1,440 1,148 73,571 Capitalized expenditures — 3,933 61,186 80,119 — 145,238 Real Estate Finance Net Lease Operating Properties Land and Development Corporate/Other (1) Company Total As of December 31, 2016 Real estate Real estate, net $ — $ 1,015,590 $ 476,162 $ — $ — $ 1,491,752 Real estate available and held for sale — 1,284 82,480 — — 83,764 Total real estate — 1,016,874 558,642 — — 1,575,516 Land and development, net — — — 945,565 — 945,565 Loans receivable and other lending investments, net 1,450,439 — — — — 1,450,439 Other investments — 92,669 3,583 84,804 33,350 214,406 Total portfolio assets $ 1,450,439 $ 1,109,543 $ 562,225 $ 1,030,369 $ 33,350 4,185,926 Cash and other assets 639,588 Total assets $ 4,825,514 As of December 31, 2015 Real estate Real estate, net $ — $ 1,112,479 $ 481,504 $ — $ — $ 1,593,983 Real estate available and held for sale — — 137,274 — — 137,274 Total real estate — 1,112,479 618,778 — — 1,731,257 Land and development, net — — — 1,001,963 — 1,001,963 Loans receivable and other lending investments, net 1,601,985 — — — — 1,601,985 Other investments — 69,096 11,124 100,419 73,533 254,172 Total portfolio assets $ 1,601,985 $ 1,181,575 $ 629,902 $ 1,102,382 $ 73,533 4,589,377 Cash and other assets 1,008,415 Total assets $ 5,597,792 _______________________________________________________________________________ (1) Corporate/Other represents all corporate level and unallocated items including any intercompany eliminations necessary to reconcile to consolidated Company totals. This caption also includes the Company's joint venture investments and strategic investments that are not included in the other reportable segments above. (2) General and administrative excludes stock-based compensation expense of $10.9 million , $12.0 million and $13.3 million for the years ended December 31, 2016 , 2015 and 2014 , respectively. (3) The following is a reconciliation of segment profit to net income (loss) ($ in thousands): For the Years Ended December 31, 2016 2015 2014 Segment profit $ 158,823 $ 126,114 $ 164,851 Less: Recovery of (provision for) loan losses 12,514 (36,567 ) 1,714 Less: Impairment of assets (14,484 ) (10,524 ) (34,634 ) Less: Depreciation and amortization (54,329 ) (65,247 ) (73,571 ) Less: Stock-based compensation expense (10,889 ) (12,013 ) (13,314 ) Less: Income tax benefit (expense) 10,166 (7,639 ) (3,912 ) Less: Loss on early extinguishment of debt, net (1,619 ) (281 ) (25,369 ) Net income (loss) $ 100,182 $ (6,157 ) $ 15,765

Quarterly Financial Information

Quarterly Financial Information (Unaudited)	12 Months Ended
	Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]
Quarterly Financial Information (Unaudited)	Quarterly Financial Information (Unaudited) The following table sets forth the selected quarterly financial data for the Company ($ in thousands, except per share amounts). For the Quarters Ended December 31, September 30, June 30, March 31, 2016: Revenue $ 106,811 $ 128,668 $ 126,903 $ 114,644 Net income (loss) $ (8,461 ) $ 58,155 $ 59,787 $ (9,299 ) Earnings per common share data (1) : Net income (loss) attributable to iStar Inc. Basic (2) $ (19,252 ) $ 46,292 $ 38,112 $ (21,187 ) Diluted (2) $ (19,252 ) $ 51,453 $ 43,293 $ (21,187 ) Earnings per share Basic $ (0.27 ) $ 0.65 $ 0.52 $ (0.27 ) Diluted $ (0.27 ) $ 0.44 $ 0.37 $ (0.27 ) Weighted average number of common shares Basic 71,603 71,210 73,984 77,060 Diluted 71,603 115,666 118,510 77,060 2015: Revenue $ 172,025 $ 120,487 $ 109,185 $ 112,857 Net income (loss) $ 19,974 $ 5,958 $ (19,776 ) $ (12,313 ) Earnings per common share data (1) : Net income (loss) attributable to iStar Inc. Basic (3) $ 7,685 $ (6,072 ) $ (30,950 ) $ (22,553 ) Diluted (3) $ 7,684 $ (6,072 ) $ (30,950 ) $ (22,553 ) Earnings per share Basic $ 0.09 $ (0.07 ) $ (0.36 ) $ (0.26 ) Diluted $ 0.09 $ (0.07 ) $ (0.36 ) $ (0.26 ) Weighted average number of common shares Basic 83,162 85,766 85,541 85,497 Diluted 83,581 85,766 85,541 85,497 Earnings per HPU share data (1)(4) : Net income (loss) attributable to iStar Inc. Basic and diluted $ — $ (94 ) $ (1,027 ) $ (749 ) Earnings per share Basic and diluted $ — $ (13.41 ) $ (68.47 ) $ (49.93 ) Weighted average number of HPU shares—basic and diluted — 7 15 15 _______________________________________________________________________________ (1) Basic and diluted EPS are computed independently based on the weighted-average shares of common stock and stock equivalents outstanding for each period. Accordingly, the sum of the quarterly EPS amounts may not agree to the total for the year. (2) For the quarter ended June 30, 2016 includes net income attributable to iStar Inc. and allocable to Participating Security Holders of $20 and $14 on a basic and dilutive basis, respectively. (3) For the quarter ended December 31, 2015 includes net income attributable to iStar Inc. and allocable to Participating Security Holders of $5 and $5 on a basic and dilutive basis, respectively. (4) All of the Company's outstanding HPUs were repurchased and retired on August 13, 2015 (refer to Note 13).

Schedule II - Valuation and Qua

Schedule II - Valuation and Qualifying Accounts and Reserves	12 Months Ended
	Dec. 31, 2016
Valuation and Qualifying Accounts [Abstract]
Schedule II - Valuation and Qualifying Accounts and Reserves	iStar Inc. Schedule II—Valuation and Qualifying Accounts and Reserves ($ in thousands) Balance at Beginning of Period Charged to Costs and Expenses Adjustments to Valuation Accounts Deductions Balance at End of Period For the Year Ended December 31, 2014 Reserve for loan losses (1)(2) $ 377,204 $ (1,714 ) $ — $ (277,000 ) $ 98,490 Allowance for doubtful accounts (2) 5,857 2,074 — (4,285 ) 3,646 Allowance for deferred tax assets (2) 56,262 (6,246 ) 4,302 — 54,318 $ 439,323 $ (5,886 ) $ 4,302 $ (281,285 ) $ 156,454 For the Year Ended December 31, 2015 Reserve for loan losses (1)(2) $ 98,490 $ 36,567 $ — $ (26,892 ) $ 108,165 Allowance for doubtful accounts (2) 3,646 1,359 — (1,621 ) 3,384 Allowance for deferred tax assets (2) 54,318 (310 ) (98 ) — 53,910 $ 156,454 $ 37,616 $ (98 ) $ (28,513 ) $ 165,459 For the Year Ended December 31, 2016 Reserve for loan losses (1)(2) $ 108,165 $ (12,514 ) $ — $ (10,106 ) $ 85,545 Allowance for doubtful accounts (2) 3,384 985 — (1,781 ) 2,588 Allowance for deferred tax assets (2) 53,910 3,233 15,838 (6,483 ) 66,498 $ 165,459 $ (8,296 ) $ 15,838 $ (18,370 ) $ 154,631 _____________________________________________________________ (1) Refer to Note 6 to the Company's consolidated financial statements. (2) Refer to Note 3 to the Company's consolidated financial statements.

Schedule III - Real Estate and

Schedule III - Real Estate and Accumulated Depreciation	12 Months Ended
	Dec. 31, 2016
SEC Schedule III, Real Estate and Accumulated Depreciation Disclosure [Abstract]
SEC Schedule III, Real Estate and Accumulated Depreciation Disclosure	Initial Cost to Company Cost Capitalized Subsequent to Acquisition (2) Gross Amount Carried at Close of Period Location Encumbrances Land Building and Improvements Land Building and Improvements Total Accumulated Depreciation Date Acquired Depreciable Life (Years) OFFICE FACILITIES: Tempe, Arizona OAZ002 $ — (1) $ 1,033 $ 6,652 $ 2,938 $ 1,033 $ 9,590 $ 10,623 $ 3,503 1999 40.0 Tempe, Arizona OAZ003 — (1) 1,033 6,652 287 1,033 6,939 7,972 2,954 1999 40.0 Tempe, Arizona OAZ004 — (1) 1,033 6,652 205 1,033 6,857 7,890 2,941 1999 40.0 Tempe, Arizona OAZ005 — 701 4,339 — 701 4,339 5,040 1,862 1999 40.0 Englewood, Colorado OCO001 — (1) 1,757 16,930 6,503 1,757 23,433 25,190 11,070 1999 40.0 Ft. Collins, Colorado OCO002 2,795 (1) — 16,752 48 — 16,800 16,800 6,196 2002 40.0 Largo, Maryland OMD001 10,124 (1) 1,800 18,706 743 1,800 19,449 21,249 7,067 2002 40.0 Chelmsford, Massachusetts OMA001 10,125 (1) 1,600 21,947 285 1,600 22,232 23,832 8,280 2002 40.0 Mt. Laurel, New Jersey ONJ001 50,877 7,726 74,429 10 7,724 74,441 82,165 26,169 2002 40.0 Riverview, New Jersey ONJ002 9,139 (1) 1,008 13,763 180 1,008 13,943 14,951 4,424 2004 40.0 Riverview, New Jersey ONJ003 11,196 2,456 28,955 774 2,456 29,729 32,185 9,480 2004 40.0 Harrisburg, Pennsylvania OPA001 — (1) 690 26,098 (49 ) 690 26,049 26,739 9,958 2001 40.0 Irving, Texas OTX001 — (1) 1,364 10,628 5,780 2,373 15,399 17,772 6,711 1999 40.0 Richardson, Texas OTX002 — 1,233 15,160 146 1,233 15,306 16,539 6,248 1999 40.0 Richardson, Texas OTX004 — 1,230 5,660 1,046 1,230 6,706 7,936 2,622 1999 40.0 Subtotal $ 94,256 $ 24,664 $ 273,323 $ 18,896 $ 25,671 $ 291,212 $ 316,883 $ 109,485 INDUSTRIAL FACILITIES: Avondale, Arizona IAZ001 — (1) 2,519 7,481 1,686 2,519 9,167 11,686 2,128 2009 40.0 Avondale, Arizona IAZ002 — (1) 3,279 5,221 4,576 3,279 9,797 13,076 2,407 2009 40.0 Los Angeles, California ICA001 17,100 (1) 11,635 19,515 5,943 11,635 25,458 37,093 5,768 2007 40.0 Fremont, California ICA006 — (1) 1,086 7,964 2,968 1,086 10,932 12,018 5,494 1999 40.0 Sunnyvale, California ICA016 26,396 15,708 27,987 8,398 15,708 36,385 52,093 18,532 2004 40.0 Golden, Colorado ICO001 — (1) 832 1,379 — 832 1,379 2,211 358 2006 40.0 Initial Cost to Company Cost Capitalized Subsequent to Acquisition (2) Gross Amount Carried at Close of Period Location Encumbrances Land Building and Improvements Land Building and Improvements Total Accumulated Depreciation Date Acquired Depreciable Life (Years) Jacksonville, Florida IFL002 14,814 (1) 3,510 20,846 8,279 3,510 29,125 32,635 6,251 2007 40.0 Miami, Florida IFL004 — (1) 3,048 8,676 — 3,048 8,676 11,724 3,723 1999 40.0 Miami, Florida IFL005 — (1) 1,612 4,586 (1,408 ) 1,241 3,549 4,790 998 1999 40.0 Atlanta, Georgia IGA001 12,894 (1) 2,791 24,637 349 2,791 24,986 27,777 5,737 2007 40.0 Bristol, Indiana IIN001 — (1) 462 9,224 — 462 9,224 9,686 2,888 2007 40.0 Everett, Massachusetts IMA001 17,741 (1) 7,439 21,774 10,979 7,439 32,753 40,192 7,028 2007 40.0 Montague, Michigan IMI001 — (1) 598 9,814 1 598 9,815 10,413 3,105 2007 40.0 Bloomington, Minnesota IMN001 — 403 1,147 (344 ) 1,206 — 1,206 — 1999 40.0 Little Falls, Minnesota IMN002 — (1) 6,705 17,690 — 6,225 18,170 24,395 5,411 2005 40.0 Elizabeth, New Jersey INJ001 20,575 (1) 8,368 15,376 21,141 8,368 36,517 44,885 7,912 2007 40.0 El Reno, Oklahoma IOK001 5,858 411 7,037 — 411 7,037 7,448 11 (3) 2016 40.0 La Porte, Texas ITX004 12,803 (1) 1,631 27,858 (416 ) 1,631 27,442 29,073 6,243 2007 40.0 Fort Worth, Texas ITX005 13,742 2,189 15,284 (5 ) 2,189 15,279 17,468 134 (3) 2016 40.0 Chesapeake, Virginia IVA001 13,808 (1) 2,619 28,481 142 2,619 28,623 31,242 6,570 2007 40.0 Subtotal $ 155,731 $ 76,845 $ 281,977 $ 62,289 $ 76,797 $ 344,314 $ 421,111 $ 90,698 LAND: Scottsdale, Arizona LAZ003 1,400 — — 1,400 — 1,400 — 2011 0 Whittmann, Arizona LAZ001 — 96,700 — — 96,700 — 96,700 — 2010 0 Mammoth Lakes, California LCA002 — (1) 28,464 2,836 (11,000 ) 17,464 2,836 20,300 2,836 2010 0 Mammoth, California LCA007 2,382 — — 2,382 — 2,382 — 2007 0 Riverside, California LCA003 — 87,300 — (2,649 ) 84,651 — 84,651 — 2009 0 San Jose, California LCA004 — 68,155 — (22,099 ) 46,056 — 46,056 — 2000 0 Initial Cost to Company Cost Capitalized Subsequent to Acquisition (2) Gross Amount Carried at Close of Period Location Encumbrances Land Building and Improvements Land Building and Improvements Total Accumulated Depreciation Date Acquired Depreciable Life (Years) San Pedro, California LCA005 — 84,100 — 29,314 113,414 — 113,414 — 2010 0 Santa Clarita Valley, California LCA006 — 59,100 — — 59,100 — 59,100 — 2010 0 Fort Myers, Florida LFA001 — (1) 7,600 — — 7,600 — 7,600 — 2009 0 Indiantown, Florida LFA002 — 8,100 — — 8,100 — 8,100 — 2009 0 Key West, Florida LFA007 5,883 — 235 5,883 235 6,118 — 2014 0 Miami, Florida LFA006 — 9,300 — (220 ) 9,080 — 9,080 — 2012 0 Naples, Florida LFA003 — 26,600 — 42,503 26,600 42,503 69,103 — 2010 0 St. Lucie, Florida LFA004 10,440 — — 10,440 — 10,440 — 2013 0 Stuart, Florida LFA005 — 9,300 — — 9,300 — 9,300 — 2010 0 Savannah, Georgia LGA001 3,800 — (3,800 ) — — — — 2013 0 Savannah, Georgia LGA002 1,400 — — 1,400 — 1,400 — 2013 0 Cumming, Georgia LGA003 3,915 — — 3,915 — 3,915 — 2016 0 Chicago, Illinois LIL001 31,500 — — 31,500 — 31,500 — 2016 0 Clinton, Maryland LMD001 — 102,938 — — 102,938 — 102,938 — 2009 0 Lanham, Maryland LMD002 — 2,486 — — 2,486 — 2,486 — 1999 0 Detroit, Michigan LMI001 — 5,374 — — 5,374 — 5,374 — 2007 0 Asbury Park, New Jersey LNJ001 — 43,300 — 61,178 104,478 — 104,478 528 (3) 2009 0 Brooklyn, New York LNY002 — 58,900 — (13,460 ) 45,440 — 45,440 — 2011 0 Brooklyn, New York LNY003 — 3,277 — 25,491 3,277 25,491 28,768 — 2013 0 Long Beach, New York LNY001 — 52,461 — 2,525 52,461 2,525 54,986 — 2009 0 Bend, Oregon LOR002 — 20,326 — (14,922 ) 5,404 — 5,404 — 2012 0 Warrington, Pennsylvania LPA001 1,460 — 485 1,460 485 1,945 — 2011 0 Dallas, Texas LTX001 — 3,375 — — 3,375 — 3,375 — 2005 0 Dallas, Texas LTX002 — 3,621 — — 3,621 — 3,621 — 2005 0 Initial Cost to Company Cost Capitalized Subsequent to Acquisition (2) Gross Amount Carried at Close of Period Location Encumbrances Land Building and Improvements Land Building and Improvements Total Accumulated Depreciation Date Acquired Depreciable Life (Years) Chesterfield County, Virginia LVA001 — 72,138 — 32,877 105,015 — 105,015 2,735 (3) 2009 0 Ranson, West Virginia LWV001 — 9,083 — — 9,083 — 9,083 — 2016 0 Subtotal $ — $ 924,178 $ 2,836 $ 126,458 $ 979,397 $ 74,075 $ 1,053,472 $ 6,099 ENTERTAINMENT: Decatur, Alabama EAL001 — 277 359 (2 ) 277 357 634 115 2004 40.0 Huntsville, Alabama EAL002 — 319 414 — 319 414 733 132 2004 40.0 Chandler, Arizona EAZ001 — 793 1,027 — 793 1,027 1,820 328 2004 40.0 Chandler, Arizona EAZ002 — 521 673 (3 ) 521 670 1,191 216 2004 40.0 Mesa, Arizona EAZ004 — 630 815 — 630 815 1,445 261 2004 40.0 Peoria, Arizona EAZ005 — 590 764 — 590 764 1,354 244 2004 40.0 Phoenix, Arizona EAZ006 — 476 616 (3 ) 476 613 1,089 197 2004 40.0 Phoenix, Arizona EAZ007 — 654 845 (4 ) 654 841 1,495 271 2004 40.0 Phoenix, Arizona EAZ008 — 666 862 (5 ) 666 857 1,523 276 2004 40.0 Tempe, Arizona EAZ009 — 460 596 — 460 596 1,056 190 2004 40.0 Alameda, California ECA001 — 1,097 1,421 (1 ) 1,097 1,420 2,517 454 2004 40.0 Bakersfield, California ECA002 — 434 560 1 434 561 995 179 2004 40.0 Bakersfield, California ECA003 — 332 429 — 332 429 761 137 2004 40.0 Milpitas, California ECA005 — 676 876 — 676 876 1,552 280 2004 40.0 Riverside, California ECA006 — 720 932 — 720 932 1,652 298 2004 40.0 Rocklin, California ECA007 — 574 743 (4 ) 574 739 1,313 238 2004 40.0 Sacramento, California ECA008 — 392 508 (3 ) 392 505 897 163 2004 40.0 San Bernardino, California ECA009 — 358 464 (2 ) 358 462 820 149 2004 40.0 San Diego, California ECA010 — (1) — 18,000 — — 18,000 18,000 5,608 2003 40.0 Initial Cost to Company Cost Capitalized Subsequent to Acquisition (2) Gross Amount Carried at Close of Period Location Encumbrances Land Building and Improvements Land Building and Improvements Total Accumulated Depreciation Date Acquired Depreciable Life (Years) San Marcos, California ECA011 — 852 1,101 (5 ) 852 1,096 1,948 353 2004 40.0 Thousand Oaks, California ECA013 — (1) — 1,953 25,772 — 27,725 27,725 5,428 2008 40.0 Torrance, California ECA014 — 659 852 (4 ) 659 848 1,507 273 2004 40.0 Visalia, California ECA015 — 562 729 (1 ) 562 728 1,290 233 2004 40.0 W. Los Angeles, California ECA004 — 1,642 2,124 (11 ) 1,642 2,113 3,755 680 2004 40.0 Aurora, Colorado ECO002 — 640 827 — 640 827 1,467 265 2004 40.0 Denver, Colorado ECO003 — 729 944 (1 ) 729 943 1,672 302 2004 40.0 Englewood, Colorado ECO004 — 536 694 (3 ) 536 691 1,227 222 2004 40.0 Littleton, Colorado ECO006 — 901 1,165 (6 ) 901 1,159 2,060 373 2004 40.0 Milford, Connecticut ECT001 — 1,097 1,420 (7 ) 1,097 1,413 2,510 455 2004 40.0 Wilmington, Delaware EDE001 — 1,076 1,390 3 1,076 1,393 2,469 445 2004 40.0 Boca Raton, Florida EFL001 — (1) — 41,809 — — 41,809 41,809 18,286 2005 27.0 Boynton Beach, Florida EFL002 — 412 531 (2 ) 412 529 941 171 2004 40.0 Boynton Beach, Florida EFL003 — (1) 6,550 — 17,118 6,533 17,135 23,668 4,138 2006 40.0 Bradenton, Florida EFL004 — 1,067 1,382 — 1,067 1,382 2,449 442 2004 40.0 Davie, Florida EFL006 — 401 520 — 401 520 921 166 2004 40.0 Lakeland, Florida EFL008 — 282 364 (2 ) 282 362 644 117 2004 40.0 Leesburg, Florida EFL009 — 352 455 (1 ) 352 454 806 145 2004 40.0 Ocala, Florida EFL011 — 437 567 — 437 567 1,004 181 2004 40.0 Ocala, Florida EFL012 — 532 689 (1 ) 532 688 1,220 220 2004 40.0 Orange City, Florida EFL014 — 486 629 — 486 629 1,115 201 2004 40.0 Pembroke Pines, Florida EFL016 — 497 643 (3 ) 497 640 1,137 206 2004 40.0 Sarasota, Florida EFL018 — 643 833 (5 ) 643 828 1,471 267 2004 40.0 Initial Cost to Company Cost Capitalized Subsequent to Acquisition (2) Gross Amount Carried at Close of Period Location Encumbrances Land Building and Improvements Land Building and Improvements Total Accumulated Depreciation Date Acquired Depreciable Life (Years) St. Petersburg, Florida EFL019 — (1) 4,200 18,272 — 4,200 18,272 22,472 5,411 2005 40.0 Tampa, Florida EFL020 — 551 714 (4 ) 551 710 1,261 228 2004 40.0 Tampa, Florida EFL021 — 364 470 (2 ) 364 468 832 151 2004 40.0 Venice, Florida EFL022 — 507 656 — 507 656 1,163 210 2004 40.0 W. Palm Beach, Florida EFL023 — (1) — 19,337 — — 19,337 19,337 5,726 2005 40.0 Atlanta, Georgia EGA001 — 510 660 (4 ) 510 656 1,166 211 2004 40.0 Augusta, Georgia EGA002 — 286 371 — 286 371 657 119 2004 40.0 Conyers, Georgia EGA003 — 474 613 (1 ) 474 612 1,086 196 2004 40.0 Marietta, Georgia EGA004 — 581 752 (1 ) 581 751 1,332 240 2004 40.0 Savannah, Georgia EGA005 — 718 930 (5 ) 718 925 1,643 298 2004 40.0 Woodstock, Georgia EGA007 — 502 651 (4 ) 502 647 1,149 208 2004 40.0 Bloomington, Illinois EIL001 — 335 434 — 335 434 769 139 2004 40.0 Bolingbrook, Illinois EIL002 — 481 622 — 481 622 1,103 199 2004 40.0 Chicago, Illinois EIL003 — (1) 8,803 57 30,479 8,803 30,536 39,339 7,111 2006 40.0 Lyons, Illinois EIL004 — 433 560 (3 ) 433 557 990 179 2004 40.0 Springfield, Illinois EIL005 — 431 557 (3 ) 431 554 985 178 2004 40.0 Evansville, Indiana EIN001 — 542 701 (4 ) 542 697 1,239 225 2004 40.0 Louisville, Kentucky EKY001 — 417 539 — 417 539 956 172 2004 40.0 Louisville, Kentucky EKY002 — 365 473 (2 ) 365 471 836 151 2004 40.0 Baltimore, Maryland EMD001 — 428 554 (1 ) 428 553 981 177 2004 40.0 Baltimore, Maryland EMD002 — 575 745 (1 ) 575 744 1,319 238 2004 40.0 Baltimore, Maryland EMD003 — 362 468 (2 ) 362 466 828 150 2004 40.0 Gaithersburg, Maryland EMD004 — 884 1,145 (6 ) 884 1,139 2,023 367 2004 40.0 Initial Cost to Company Cost Capitalized Subsequent to Acquisition (2) Gross Amount Carried at Close of Period Location Encumbrances Land Building and Improvements Land Building and Improvements Total Accumulated Depreciation Date Acquired Depreciable Life (Years) Hyattsville, Maryland EMD006 — 399 518 (3 ) 399 515 914 166 2004 40.0 Laurel, Maryland EMD007 — 649 839 (5 ) 649 834 1,483 269 2004 40.0 Linthicum, Maryland EMD008 — 366 473 (2 ) 366 471 837 152 2004 40.0 Pikesville, Maryland EMD009 — 398 516 (3 ) 398 513 911 165 2004 40.0 Timonium, Maryland EMD011 — 1,126 1,458 (1 ) 1,126 1,457 2,583 466 2004 40.0 Auburn, Massachusetts EMA001 — 523 678 (4 ) 523 674 1,197 217 2004 40.0 Chicopee, Massachusetts EMA002 — 548 711 (1 ) 548 710 1,258 227 2004 40.0 Somerset, Massachusetts EMA003 — 519 672 (4 ) 519 668 1,187 215 2004 40.0 Taunton, Massachusetts EMA004 — 344 445 (1 ) 344 444 788 142 2004 40.0 Flint, Michigan EMI002 — 516 667 (3 ) 516 664 1,180 214 2004 40.0 Grand Rapids, Michigan EMI003 — 554 718 — 554 718 1,272 229 2004 40.0 Jackson, Michigan EMI004 — 387 500 (2 ) 387 498 885 160 2004 40.0 Roseville, Michigan EMI005 — 533 691 (4 ) 533 687 1,220 221 2004 40.0 Minneapolis, Minnesota EMN001 — 666 861 (5 ) 666 856 1,522 276 2004 40.0 Burnsville, Minnesota EMN002 — (1) 2,962 — 17,164 2,962 17,164 20,126 4,422 2006 40.0 Rochester, Minnesota EMN004 — (1) 2,437 8,715 2,098 2,437 10,813 13,250 3,149 2006 40.0 Columbia, Missouri EMO001 — 334 432 — 334 432 766 138 2004 40.0 N. Kansas City, Missouri EMO004 — 878 1,139 — 878 1,139 2,017 364 2004 40.0 Aberdeen, New Jersey ENJ001 — 1,560 2,019 (11 ) 1,560 2,008 3,568 647 2004 40.0 Wallington, New Jersey ENJ002 — 830 1,075 (1 ) 830 1,074 1,904 343 2004 40.0 Initial Cost to Company Cost Capitalized Subsequent to Acquisition (2) Gross Amount Carried at Close of Period Location Encumbrances Land Building and Improvements Land Building and Improvements Total Accumulated Depreciation Date Acquired Depreciable Life (Years) Reno, Nevada ENV001 — 440 569 (3 ) 440 566 1,006 182 2004 40.0 Bay Shore, New York ENY001 — 603 779 (4 ) 603 775 1,378 250 2004 40.0 Centereach, New York ENY002 — 442 571 — 442 571 1,013 183 2004 40.0 Cheektowaga, New York ENY004 — 385 499 (2 ) 385 497 882 160 2004 40.0 Depew, New York ENY005 — 350 453 (1 ) 350 452 802 145 2004 40.0 Melville, New York ENY007 — 494 640 — 494 640 1,134 205 2004 40.0 Rochester, New York ENY006 — 326 421 — 326 421 747 135 2004 40.0 Rochester, New York ENY008 — 320 414 (2 ) 320 412 732 133 2004 40.0 Rochester, New York ENY009 — 399 516 (2 ) 399 514 913 165 2004 40.0 Sayville, New York ENY010 — 959 1,240 (7 ) 959 1,233 2,192 397 2004 40.0 Shirley, New York ENY011 — 587 761 — 587 761 1,348 243 2004 40.0 Smithtown, New York ENY012 — 521 675 (4 ) 521 671 1,192 216 2004 40.0 Syosset, New York ENY013 — 711 920 (1 ) 711 919 1,630 294 2004 40.0 Syracuse, New York ENY014 — 558 723 (4 ) 558 719 1,277 231 2004 40.0 Wantagh, New York ENY015 — 747 967 — 747 967 1,714 309 2004 40.0 Webster, New York ENY016 — 683 885 (5 ) 683 880 1,563 283 2004 40.0 West Babylon, New York ENY017 — 1,492 1,933 (2 ) 1,492 1,931 3,423 618 2004 40.0 White Plains, New York ENY018 — 1,471 1,904 (10 ) 1,471 1,894 3,365 610 2004 40.0 Asheville, North Carolina ENC001 — 397 513 — 397 513 910 164 2004 40.0 Cary, North Carolina ENC002 — 476 615 (3 ) 476 612 1,088 197 2004 40.0 Initial Cost to Company Cost Capitalized Subsequent to Acquisition (2) Gross Amount Carried at Close of Period Location Encumbrances Land Building and Improvements Land Building and Improvements Total Accumulated Depreciation Date Acquired Depreciable Life (Years) Charlotte, North Carolina ENC003 — 410 530 (3 ) 410 527 937 170 2004 40.0 Charlotte, North Carolina ENC004 — 402 520 (3 ) 402 517 919 167 2004 40.0 Durham, North Carolina ENC005 — 948 1,227 (1 ) 948 1,226 2,174 392 2004 40.0 Goldsboro, North Carolina ENC006 — 259 336 (2 ) 259 334 593 107 2004 40.0 Greensboro, North Carolina ENC007 — 349 452 (1 ) 349 451 800 144 2004 40.0 Greenville, North Carolina ENC008 — 640 828 — 640 828 1,468 265 2004 40.0 Hickory, North Carolina ENC009 — 409 531 (1 ) 409 530 939 169 2004 40.0 Matthews, North Carolina ENC010 — 965 1,249 (7 ) 965 1,242 2,207 400 2004 40.0 Raleigh, North Carolina ENC011 — 475 615 (1 ) 475 614 1,089 197 2004 40.0 Winston-Salem, North Carolina ENC012 — 494 638 (3 ) 494 635 1,129 205 2004 40.0 Canton, Ohio EOH001 — 434 562 — 434 562 996 180 2004 40.0 Columbus, Ohio EOH002 — 967 1,252 (7 ) 967 1,245 2,212 401 2004 40.0 Grove City, Ohio EOH003 — 281 365 (2 ) 281 363 644 117 2004 40.0 Medina, Ohio EOH004 — 393 508 — 393 508 901 163 2004 40.0 Edmond, Oklahoma EOK001 — 431 557 (3 ) 431 554 985 178 2004 40.0 Tulsa, Oklahoma EOK002 — 954 1,235 (1 ) 954 1,234 2,188 395 2004 40.0 Salem, Oregon EOR002 — 393 508 (3 ) 393 505 898 163 2004 40.0 Boothwyn, Pennsylvania EPA001 — 407 527 — 407 527 934 168 2004 40.0 Croydon, Pennsylvania EPA002 — 421 544 — 421 544 965 174 2004 40.0 Pittsburgh, Pennsylvania EPA003 — 409 528 (2 ) 409 526 935 169 2004 40.0 Pittsburgh, Pennsylvania EPA004 — 407 527 (2 ) 407 525 932 169 2004 40.0 Initial Cost to Company Cost Capitalized Subsequent to Acquisition (2) Gross Amount Carried at Close of Period Location Encumbrances Land Building and Improvements Land Building and Improvements Total Accumulated Depreciation Date Acquired Depreciable Life (Years) San Juan, Puerto Rico EPR001 — 950 1,230 (1 ) 950 1,229 2,179 393 2004 40.0 Cranston, Rhode Island ERI001 — 850 1,100 (5 ) 850 1,095 1,945 352 2004 40.0 Greenville, South Carolina ESC002 — 332 429 — 332 429 761 137 2004 40.0 Addison, Texas ETX001 — 1,045 1,353 (1 ) 1,045 1,352 2,397 433 2004 40.0 Arlington, Texas ETX002 — 593 767 (4 ) 593 763 1,356 246 2004 40.0 Conroe, Texas ETX004 — 838 1,083 (5 ) 838 1,078 1,916 347 2004 40.0 Corpus Christi, Texas ETX005 — 528 682 (3 ) 528 679 1,207 219 2004 40.0 Desota, Texas ETX006 — 480 622 (3 ) 480 619 1,099 199 2004 40.0 Euless, Texas ETX007 — 975 1,261 (7 ) 975 1,254 2,229 404 2004 40.0 Garland, Texas ETX008 — 1,108 1,433 (7 ) 1,108 1,426 2,534 459 2004 40.0 Houston, Texas ETX009 — 425 549 (58 ) 425 491 916 165 2004 40.0 Houston, Texas ETX010 — 518 671 — 518 671 1,189 214 2004 40.0 Houston, Texas ETX011 — 758 981 — 758 981 1,739 314 2004 40.0 Houston, Texas ETX013 — 375 485 (2 ) 375 483 858 155 2004 40.0 Humble, Texas ETX014 — 438 567 (3 ) 438 564 1,002 182 2004 40.0 Lewisville, Texas ETX017 — 561 726 — 561 726 1,287 232 2004 40.0 Richardson, Texas ETX018 — 753 976 (1 ) 753 975 1,728 312 2004 40.0 San Antonio, Texas ETX019 — 521 675 — 521 675 1,196 216 2004 40.0 Stafford, Texas ETX020 — 634 821 (4 ) 634 817 1,451 263 2004 40.0 Waco, Texas ETX021 — 379 491 (3 ) 379 488 867 157 2004 40.0 Webster, Texas ETX022 — 592 766 — 592 766 1,358 245 2004 40.0 Centreville, Virginia EVA001 — 1,134 1,467 (1 ) 1,134 1,466 2,600 469 2004 40.0 Chesapeake, Virginia EVA002 — 845 1,094 (1 ) 845 1,093 1,938 350 2004 40.0 Chesapeake, Virginia EVA003 — 884 1,145 (6 ) 884 1,139 2,023 367 2004 40.0 Fredericksburg, Virginia EVA004 — 953 1,233 (7 ) 953 1,226 2,179 395 2004 40.0 Initial Cost to Company Cost Capitalized Subsequent to Acquisition (2) Gross Amount Carried at Close of Period Location Encumbrances Land Building and Improvements Land Building and Improvements Total Accumulated Depreciation Date Acquired Depreciable Life (Years) Grafton, Virginia EVA005 — 487 632 (1 ) 487 631 1,118 202 2004 40.0 Lynchburg, Virginia EVA006 — 425 550 (3 ) 425 547 972 176 2004 40.0 Mechanicsville, Virginia EVA007 — 1,151 1,490 (8 ) 1,151 1,482 2,633 477 2004 40.0 Norfolk, Virginia EVA008 — 546 707 — 546 707 1,253 226 2004 40.0 Petersburg, Virginia EVA009 — 851 1,103 (1 ) 851 1,102 1,953 352 2004 40.0 Richmond, Virginia EVA010 — 819 1,061 (1 ) 819 1,060 1,879 339 2004 40.0 Richmond, Virginia EVA011 — 958 1,240 — 958 1,240 2,198 396 2004 40.0 Virginia Beach, Virginia EVA012 — 788 1,020 (5 ) 788 1,015 1,803 327 2004 40.0 Williamsburg, Virginia EVA013 — 554 716 (4 ) 554 712 1,266 229 2004 40.0 Quincy, Washington EWA001 — (1) 1,500 6,500 — 1,500 6,500 8,000 2,493 2003 40.0 Milwaukee, Wisconsin EWI001 — 521 673 2 521 675 1,196 216 2004 40.0 S. Milwaukee, Wisconsin EWI002 — 413 535 — 413 535 948 171 2004 40.0 Wauwatosa, Wisconsin EWI004 — 793 1,025 (5 ) 793 1,020 1,813 328 2004 40.0 West Allis, Wisconsin EWI005 — 1,124 1,455 — 1,124 1,455 2,579 465 2004 40.0 Subtotal $ — $ 121,208 $ 237,284 $ 92,223 $ 121,191 $ 329,524 $ 450,715 $ 101,006 RETAIL: Scottsdale, Arizona RAZ003 — (1) 2,625 4,875 2,569 2,625 7,444 10,069 1,193 2009 40.0 Scottsdale, Arizona RAZ004 — 2,184 4,056 (1,588 ) 2,184 2,468 4,652 313 2009 40.0 Scottsdale, Arizona RAZ005 — (1) 2,657 2,666 (250 ) 2,657 2,416 5,073 526 2011 40.0 Colorado Springs, Colorado RCO001 — (1) 2,631 279 5,195 2,607 5,498 8,105 1,315 2006 40.0 Initial Cost to Company Cost Capitalized Subsequent to Acquisition (2) Gross Amount Carried at Close of Period Location Encumbrances Land Building and Improvements Land Building and Improvements Total Accumulated Depreciation Date Acquired Depreciable Life (Years) St. Augustine, Florida RFL003 — (1) 3,950 — 10,285 3,908 10,327 14,235 2,649 2005 40.0 Honolulu, Hawaii RHI001 — 3,393 21,155 (9,143 ) 3,393 12,012 15,405 2,634 2009 40.0 Chicago, Illinois RIL002 — 14,934 29,675 19,353 14,934 49,028 63,962 5,099 2012 40.0 Chicago, Illinois RIL001 — (1) — 336 1,572 — 1,908 1,908 875 2010 40.0 Albuquerque, New Mexico RNM001 — (1) 1,733 — 8,728 1,705 8,756 10,461 2,362 2005 40.0 Hamburg, New York RNY001 — (1) 731 6,073 699 711 6,792 7,503 2,099 2005 40.0 Columbia, South Carolina RSC001 — 2,126 948 (723 ) 1,337 1,014 2,351 241 2007 40.0 Anthony, Texas RTX001 — (1) 3,538 4,215 (187 ) 3,514 4,052 7,566 1,101 2005 40.0 Draper, Utah RUT001 — (1) 3,502 — 5,975 3,502 5,975 9,477 1,515 2005 40.0 Ashburn, Virginia RVA001 — (1) 4,720 16,711 — 4,720 16,711 21,431 1,684 2011 40.0 Subtotal $ — $ 48,724 $ 90,989 $ 42,485 $ 47,797 $ 134,401 $ 182,198 $ 23,606 HOTEL: San Diego, California HCA002 — 4,394 27,030 (871 ) 4,394 26,159 30,553 12,636 1998 40.0 Sonoma, California HCA003 — 3,308 20,623 (664 ) 3,308 19,959 23,267 9,623 1998 40.0 Durango, Colorado HCO001 — 1,242 7,865 (253 ) 1,242 7,612 8,854 3,662 1998 40.0 Atlanta, Georgia HGA001 — (1) 6,378 25,514 3,533 6,378 29,047 35,425 5,588 2010 40.0 Honolulu, Hawaii HHI001 — 17,996 17,996 (31,160 ) 3,419 1,413 4,832 4,531 2009 40.0 Lihue, Hawaii HHI002 — 3,000 12,000 5,071 3,000 17,071 20,071 2,298 2009 40.0 Asbury Park, New Jersey HNJ001 3,815 40,194 2,828 3,815 43,022 46,837 909 2016 40.0 Salt Lake City, Utah HUT001 — 5,620 32,695 (1,058 ) 5,620 31,637 37,257 15,407 1998 40.0 Seattle, Washington HWA004 — 5,101 32,080 (1,031 ) 5,101 31,049 36,150 14,951 1998 40.0 Subtotal $ — $ 50,854 $ 215,997 $ (23,605 ) $ 36,277 $ 206,969 $ 243,246 $ 69,605 APARTMENT/RESIDENTIAL: Scottsdale, Arizona AAZ001 2,423 — 5,126 2,423 5,126 7,549 — 2010 0.0 Initial Cost to Company Cost Capitalized Subsequent to Acquisition (2) Gross Amount Carried at Close of Period Location Encumbrances Land Building and Improvements Land Building and Improvements Total Accumulated Depreciation Date Acquired Depreciable Life (Years) Scottsdale, Arizona AAZ002 — 1,788 (632 ) — 1,156 1,156 — 2016 0.0 Mammoth, California ACA002 — 10,078 40,312 (48,648 ) 348 1,394 1,742 — 2007 0.0 Atlanta, Georgia AGA001 — 2,963 11,850 16,457 6,254 25,016 31,270 — 2010 0.0 Jersey City, New Jersey ANJ001 — 36,405 64,719 (100,639 ) 175 310 485 — 2009 0.0 Philadelphia, Pennsylvania APA001 — 44,438 82,527 (123,902 ) 1,072 1,991 3,063 — 2012 0.0 Philadelphia, Pennsylvania APA002 — 15,890 29,510 (16,120 ) 15,890 13,390 29,280 — 2012 0.0 Seattle, Washington AWA002 — 2,342 44,478 (32,266 ) 2,342 12,212 14,554 — 2009 0.0 Milwaukee, Wisconsin OWI001 — 1,875 13,914 (6,147 ) 1,875 7,767 9,642 4,941 1999 40.0 Subtotal $ — $ 116,414 $ 289,098 $ (306,771 ) $ 30,379 $ 68,362 $ 98,741 $ 4,941 MIXED USE: Glendale, Arizona MAZ002 — (1) 10,182 52,544 33,138 10,182 85,682 95,864 13,148 2011 40.0 Riverside, California MCA001 — 5,869 629 2 5,869 631 6,500 388 2010 40.0 Key West, Florida MFL002 18,229 20,899 1,831 18,229 22,730 40,959 2,979 2014 40.0 Naples, Florida MFL003 2,507 8,155 1,251 2,507 9,406 11,913 1,325 2014 40.0 Tampa, Florida MFL004 4,201 14,652 902 4,201 15,554 19,755 1,708 2014 40.0 Atlanta, Georgia MGA001 — (1) 4,480 17,916 (16,564 ) 4,480 1,352 5,832 1,120 2010 40.0 Subtotal $ — $ 45,468 $ 114,795 $ 20,560 $ 45,468 $ 135,355 $ 180,823 $ 20,668 Total $ 249,987 $ 1,408,355 $ 1,506,299 $ 32,535 $ 1,362,977 $ 1,584,212 $ 2,947,189 (4) $ 426,108 (5) _______________________________________________________________________________ (1) Consists of properties pledged as collateral under the Company's secured credit facilities with a carrying value of $633.0 million . (2) Includes impairments and unit sales. (3) These properties have land improvements which have depreciable lives of 15 to 20 years. (4) The aggregate cost for Federal income tax purposes was approximately $3.14 billion at December 31, 2016 . (5) Includes $6.5 million and $4.8 million relating to accumulated depreciation for land and development assets and real estate assets held for sale, respectively, as of December 31, 2016 . The following table reconciles real estate from January 1, 2014 to December 31, 2016 : 2016 2015 2014 Balance at January 1 $ 3,200,342 $ 3,444,676 $ 3,589,072 Improvements and additions 169,999 183,269 145,238 Acquisitions through foreclosure 40,583 14,505 77,867 Other acquisitions 30,618 — 4,666 Dispositions (484,810 ) (431,928 ) (341,453 ) Impairments (9,543 ) (10,180 ) (30,714 ) Balance at December 31 $ 2,947,189 $ 3,200,342 $ 3,444,676 The following table reconciles accumulated depreciation from January 1, 2014 to December 31, 2016 : 2016 2015 2014 Balance at January 1 $ (467,122 ) $ (481,980 ) $ (432,374 ) Additions (48,381 ) (57,049 ) (62,299 ) Dispositions 89,395 71,907 12,693 Balance at December 31 $ (426,108 ) $ (467,122 ) $ (481,980 )

Schedule IV - Mortgage Loans on

Schedule IV - Mortgage Loans on Real Estate	12 Months Ended
	Dec. 31, 2016
Mortgage Loans on Real Estate [Abstract]
Schedule IV - Mortgage Loans on Real Estate	Schedule IV—Mortgage Loans on Real Estate As of December 31, 2016 ($ in thousands) Type of Loan/Borrower Underlying Property Type Contractual Interest Accrual Rates Contractual Interest Payment Rates Effective Maturity Dates Periodic Payment Terms Prior Liens Face Amount of Mortgages Carrying Amount of Mortgages (1)(2) Senior Mortgages: Borrower A (3) Apartment/Residential LIBOR + 6.75% LIBOR + 6.75% January 2018 IO $ — $ 236,504 $ 237,291 Borrower B Office LIBOR + 5.25% LIBOR + 5.25% December 2017 IO — 168,901 168,213 Borrower C Mixed Use/Mixed Collateral LIBOR + 6% LIBOR + 6% July 2017 IO — 128,445 129,062 Borrower D (4) Hotel LIBOR + 6% LIBOR + 6% July 2018 IO — 86,000 86,321 Borrower E Apartment/Residential LIBOR + 8% LIBOR + 8% April 2018 IO — 57,424 56,673 Borrower F (5) Apartment/Residential LIBOR + 6.5% LIBOR + 6.5% November 2018 IO — 36,860 37,004 Senior mortgages individually <3% Apartment/Residential, Retail, Land, Mixed Use/Mixed Collateral, Office, Hotel, Other Fixed: 4% to 9.68% Variable: LIBOR + 3% to LIBOR + 7.5% Fixed: 4% to 9.68% Variable: LIBOR + 3% to LIBOR + 7.5% 2017 to 2024 227,650 176,400 941,784 890,964 Subordinate Mortgages: Subordinate mortgages individually <3% Retail, Hotel Fixed: 6.8% to 14.0% Fixed: 8.33% to 9.09% 2017 to 2057 24,925 24,941 24,925 24,941 Total mortgages $ 966,709 $ 915,905 _______________________________________________________________________________ (1) Amounts are presented net of asset-specific reserves of $49.8 million on impaired loans. Impairment is measured using the estimated fair value of collateral, less costs to sell. (2) The carrying amount of mortgages approximated the federal income tax basis. (3) As of December 31, 2016 , included a LIBOR interest rate floor of 0.19% . (4) As of December 31, 2016 , included a LIBOR interest rate floor of 0.18% . (5) As of December 31, 2016 , included a LIBOR interest rate floor of 0.25% . iStar Inc. Schedule IV—Mortgage Loans on Real Estate (Continued) As of December 31, 2016 ($ in thousands) Reconciliation of Mortgage Loans on Real Estate: The following table reconciles Mortgage Loans on Real Estate from January 1, 2014 to December 31, 2016 (1) : 2016 2015 2014 Balance at January 1 $ 934,964 $ 726,426 $ 827,796 Additions: New mortgage loans 25,893 237,031 476,332 Additions under existing mortgage loans 165,275 92,887 13,108 Other (2) 30,694 33,080 26,156 Deductions (3) : Collections of principal (247,431 ) (151,464 ) (532,465 ) Recovery of (provision for) loan losses 9,747 (6,186 ) 483 Transfers (to) from real estate and equity investments (3,177 ) 3,261 (84,912 ) Amortization of premium (60 ) (71 ) (72 ) Balance at December 31 $ 915,905 $ 934,964 $ 726,426 ______________________________________________________________ (1) Balances represent the carrying value of loans, which are net of asset specific reserves. (2) Amount includes amortization of discount, deferred interest capitalized and mark-to-market adjustments resulting from changes in foreign exchange rates. (3) Amounts are presented net of charge-offs of $10.1 million , $1.0 million and $239.6 million for the years ended December 31, 2016 , 2015 and 2014 , respectively.

Summary of Significant Accoun31

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2016
Accounting Policies [Abstract]
Capitalization and depreciation	Capitalization and depreciation— Certain improvements and replacements are capitalized when they extend the useful life of the asset. For real estate projects, the Company begins to capitalize qualified development and construction costs, including interest, real estate taxes, compensation and certain other carrying costs incurred which are specifically identifiable to a development project once activities necessary to get the asset ready for its intended use have commenced. If specific allocation of costs is not practicable, the Company will allocate costs based on relative fair value prior to construction or relative sales value, relative size or other methods as appropriate during construction. The Company’s policy for interest capitalization on qualifying real estate assets is to use the average amount of accumulated expenditures during the period the asset is being prepared for its intended use, which is typically when physical construction commences, and a capitalization rate which is derived from specific borrowings on the qualifying asset or the Company’s corporate borrowing rate in the absence of specific borrowings. The Company ceases capitalization on the portions substantially completed and ready for their intended use. Repairs and maintenance costs are expensed as incurred. Depreciation is computed using the straight-line method of cost recovery over the estimated useful life, which is generally 40 years for facilities, five years for furniture and equipment, the shorter of the remaining lease term or expected life for tenant improvements and the remaining useful life of the facility for facility improvements.
Purchase price allocation	Purchase price allocation— Upon acquisition of real estate, the Company determines whether the transaction is a business combination, which is accounted for under the acquisition method, or an acquisition of assets. For both types of transactions, the Company recognizes and measures identifiable assets acquired, liabilities assumed and any noncontrolling interest in the acquiree based on their relative fair values. For business combinations, the Company recognizes and measures goodwill or gain from a bargain purchase, if applicable, and expenses acquisition-related costs in the periods in which the costs are incurred and the services are received. For acquisitions of assets, acquisition-related costs are capitalized and recorded in "Real estate, net" on the Company's consolidated balance sheets. The Company accounts for its acquisition of properties by recording the purchase price of tangible and intangible assets and liabilities acquired based on their estimated fair values. The value of the tangible assets, consisting of land, buildings, building improvements and tenant improvements is determined as if these assets are vacant. Intangible assets may include the value of lease incentive assets, above-market leases and in-place leases which are each recorded at their estimated fair values and included in “Deferred expenses and other assets, net” on the Company's consolidated balance sheets. Intangible liabilities may include the value of below-market leases, which are recorded at their estimated fair values and included in “Accounts payable, accrued expenses and other liabilities” on the Company's consolidated balance sheets. In-place leases are amortized over the remaining non-cancelable term and the amortization expense is included in "Depreciation and amortization" in the Company's consolidated statements of operations. Lease incentive assets and above-market (or below-market) lease value is amortized as a reduction of (or, increase to) operating lease income over the remaining non-cancelable term of each lease plus any renewal periods with fixed rental terms that are considered to be below-market. The Company may also engage in sale/leaseback transactions and execute leases with the occupant simultaneously with the purchase of the asset. These transactions are accounted for as asset acquisitions
Impairments	Impairments— The Company reviews real estate assets to be held and used and land and development assets, for impairment in value whenever events or changes in circumstances indicate that the carrying amount of such assets may not be recoverable. The value of a long-lived asset held for use and land and development assets are impaired only if management's estimate of the aggregate future cash flows (undiscounted and without interest charges) to be generated by the asset (taking into account the anticipated holding period of the asset) is less than the carrying value. Such estimate of cash flows considers factors such as expected future operating income trends, as well as the effects of demand, competition and other economic factors. To the extent impairment has occurred, the loss will be measured as the excess of the carrying amount of the property over the estimated fair value of the asset and reflected as an adjustment to the basis of the asset. Impairments of real estate assets and land and development assets are recorded in "Impairment of assets" in the Company's consolidated statements of operations.
Real estate available and held for sale	Real estate available and held for sale— The Company reports real estate assets to be sold at the lower of their carrying amount or estimated fair value less costs to sell and classifies them as “Real estate available and held for sale” on the Company's consolidated balance sheets. If the estimated fair value less costs to sell is less than the carrying value, the difference will be recorded as an impairment charge. Impairment for real estate assets disposed of or classified as held for sale are included in "Impairment of assets" in the Company's consolidated statements of operations. Once a real estate asset is classified as held for sale, depreciation expense is no longer recorded. If circumstances arise that were previously considered unlikely and, as a result the Company decides not to sell a property previously classified as held for sale, the property is reclassified as held and used and included in "Real estate, net" on the Company's consolidated balance sheets. The Company measures and records a property that is reclassified as held and used at the lower of (i) its carrying amount before the property was classified as held for sale, adjusted for any depreciation expense that would have been recognized had the property been continuously classified as held and used, or (ii) the estimated fair value at the date of the subsequent decision not to sell.
Dispositions	Dispositions— Revenue from sales of land and development assets and gains or losses on the sale of real estate assets, including residential property, are recognized in accordance with Accounting Standards Codification ("ASC") 360-20 , Real Estate Sales . Sales of land and the associated gains on sales of residential property are recognized for full profit recognition upon closing of the sale transactions, when the profit is determinable, the earnings process is virtually complete, the parties are bound by the terms of the contract, all consideration has been exchanged, any permanent financing for which the seller is responsible has been arranged and all conditions for closing have been performed. The Company primarily uses specific identification and the relative sales value method to allocate costs. Gains on sales of real estate are included in "Income from sales of real estate" in the Company's consolidated statements of operations.
Loans receivable and other lending investments, net	Loans receivable and other lending investments, net — Loans receivable and other lending investments, net includes the following investments: senior mortgages, corporate/partnership loans, subordinate mortgages, preferred equity investments and debt securities. Management considers nearly all of its loans to be held-for-investment, although certain investments may be classified as held-for-sale or available-for-sale. Loans receivable classified as held-for-investment and debt securities classified as held-to-maturity are reported at their outstanding unpaid principal balance, and include unamortized acquisition premiums or discounts and unamortized deferred loan costs or fees. These loans and debt securities also include accrued and paid-in-kind interest and accrued exit fees that the Company determines are probable of being collected. Debt securities classified as available-for-sale are reported at fair value with unrealized gains and losses included in "Accumulated other comprehensive income (loss)" on the Company's consolidated balance sheets. Loans receivable and other lending investments designated for sale are classified as held-for-sale and are carried at lower of amortized historical cost or estimated fair value. The amount by which carrying value exceeds fair value is recorded as a valuation allowance. Subsequent changes in the valuation allowance are included in the determination of net income (loss) in the period in which the change occurs.
Debt securities, other than temporary impairment	For held-to-maturity and available-for-sale debt securities held in "Loans receivable and other lending investments, net," management evaluates whether the asset is other-than-temporarily impaired when the fair market value is below carrying value. The Company considers debt securities other-than-temporarily impaired if (1) the Company has the intent to sell the security, (2) it is more likely than not that it will be required to sell the security before recovery, or (3) it does not expect to recover the entire amortized cost basis of the security. If it is determined that an other-than-temporary impairment exists, the portion related to credit losses, where the Company does not expect to recover its entire amortized cost basis, will be recognized as an "Impairment of assets" in the Company's consolidated statements of operations. If the Company does not intend to sell the security and it is more likely than not that the entity will not be required to sell the security, but the security has suffered a credit loss, the impairment charge will be separated. The credit loss component of the impairment will be recorded as an "Impairment of assets" in the Company's consolidated statements of operations, and the remainder will be recorded in "Accumulated other comprehensive income (loss)" on the Company's consolidated balance sheets.
Loans and leases receivable, real estate acquired through foreclosure	The Company acquires properties through foreclosure or by deed-in-lieu of foreclosure in full or partial satisfaction of non-performing loans. Based on the Company's strategic plan to realize the maximum value from the collateral received, property is classified as "Land and development, net," "Real estate, net" or "Real estate available and held for sale" at its estimated fair value when title to the property is obtained. Any excess of the carrying value of the loan over the estimated fair value of the property (less costs to sell for assets held for sale) is charged-off against the reserve for loan losses as of the date of foreclosure.
Equity and cost method investments	Equity and cost method investments — Equity interests are accounted for pursuant to the equity method of accounting if the Company can significantly influence the operating and financial policies of an investee. This is generally presumed to exist when ownership interest is between 20% and 50% of a corporation, or greater than 5% of a limited partnership or certain limited liability companies. The Company's periodic share of earnings and losses in equity method investees is included in "Earnings from equity method investments" in the consolidated statements of operations. When the Company's ownership position is too small to provide such influence, the cost method is used to account for the equity interest. Equity and cost method investments are included in "Other investments" on the Company's consolidated balance sheets. To the extent that the Company contributes assets to an unconsolidated subsidiary, the Company’s investment in the subsidiary is recorded at the Company’s cost basis in the assets that were contributed to the unconsolidated subsidiary. To the extent that the Company’s cost basis is different from the basis reflected at the subsidiary level, when required, the basis difference is amortized over the life of the related assets and included in the Company’s share of equity in net income (loss) of the unconsolidated subsidiary, as appropriate. The Company recognizes gains on the contribution of real estate to unconsolidated subsidiaries, relating solely to the outside partner’s interest, to the extent the economic substance of the transaction is a sale. The Company recognizes a loss when it contributes property to an unconsolidated subsidiary and receives a disproportionately smaller interest in the subsidiary based on a comparison of the carrying amount of the property with the cash and other consideration contributed by the other investors. The Company periodically reviews equity method investments for impairment in value whenever events or changes in circumstances indicate that the carrying amount of such investments may not be recoverable. The Company will record an impairment charge to the extent that the estimated fair value of an investment is less than its carrying value and the Company determines the impairment is other-than-temporary. Impairment charges are recorded in "Earnings from equity method investments" in the Company's consolidated statements of operations.
Cash and cash equivalents	Cash and cash equivalents — Cash and cash equivalents include cash held in banks or invested in money market funds with original maturity terms of less than 90 days.
Restricted cash	Restricted cash — Restricted cash represents amounts required to be maintained under certain of the Company's debt obligations, loans, leasing, land development, sale and derivative transactions. Restricted cash is included in "Deferred expenses and other assets, net" on the Company's consolidated balance sheets.
Variable interest entities	Variable interest entities — The Company evaluates its investments and other contractual arrangements to determine if they constitute variable interests in a VIE. A VIE is an entity where a controlling financial interest is achieved through means other than voting rights. A VIE is consolidated by the primary beneficiary, which is the party that has the power to direct matters that most significantly impact the activities of the VIE and has the obligation to absorb losses or the right to receive benefits of the VIE that could potentially be significant to the VIE. This overall consolidation assessment includes a review of, among other factors, which interests create or absorb variability, contractual terms, the key decision making powers, their impact on the VIE's economic performance, and related party relationships. Where qualitative assessment is not conclusive, the Company performs a quantitative analysis. The Company reassesses its evaluation of the primary beneficiary of a VIE on an ongoing basis and assesses its evaluation of an entity as a VIE upon certain reconsideration events.
Deferred expense and other assets	Deferred expenses and other assets — Deferred expenses and other assets include certain non-tenant receivables, leasing costs, lease incentives and financing fees associated with revolving-debt arrangements. Financing fees associated with other debt obligations are recorded as a reduction of the carrying value of "Debt obligations, net" and "Loan participations payable, net" on the Company's consolidated balance sheets. Leasing costs include brokerage, legal and other costs which are amortized over the life of the respective leases and presented as an operating activity in the Company's consolidated statements of cash flows. External fees and costs incurred to obtain long-term debt financing have been deferred and are amortized over the term of the respective borrowing using the effective interest method. Amortization of leasing costs is included in "Depreciation and amortization" and amortization of deferred financing fees is included in "Interest expense" in the Company's consolidated statements of operations.
Identified intangible assets and liabilities	Identified intangible assets and liabilities — Upon the acquisition of a business, the Company records intangible assets or liabilities acquired at their estimated fair values and determines whether such intangible assets or liabilities have finite or indefinite lives. As of December 31, 2016 , all such intangible assets and liabilities acquired by the Company have finite lives. Intangible assets are included in "Deferred expenses and other assets, net" and intangible liabilities are included in "Accounts payable, accrued expenses and other liabilities" on the Company's consolidated balance sheets. The Company amortizes finite lived intangible assets and liabilities based on the period over which the assets are expected to contribute directly or indirectly to the future cash flows of the business acquired. The Company reviews finite lived intangible assets for impairment whenever events or changes in circumstances indicate that their carrying amount may not be recoverable. If the Company determines the carrying value of an intangible asset is not recoverable it will record an impairment charge to the extent its carrying value exceeds its estimated fair value. Impairments of intangible assets are recorded in "Impairment of assets" in the Company's consolidated statements of operations.
Loan participations payable, net	Loan participations payable, net — The Company accounts for transfers of financial assets under ASC Topic 860, “Transfers and Servicing,” as either sales or secured borrowings. Transfers of financial assets that result in sales accounting are those in which (1) the transfer legally isolates the transferred assets from the transferor, (2) the transferee has the right to pledge or exchange the transferred assets and no condition both constrains the transferee’s right to pledge or exchange the assets and provides more than a trivial benefit to the transferor, and (3) the transferor does not maintain effective control over the transferred assets. If the transfer does not meet these criteria, the transfer is presented on the balance sheet as "Loan participations payable, net". Financial asset activities that are accounted for as sales are removed from the balance sheet with any realized gain (loss) reflected in earnings during the period of sale.
Revenue recognition	Revenue recognition — The Company's revenue recognition policies are as follows: Operating lease income: The Company's leases have all been determined to be operating leases based on analyses performed in accordance with ASC 840. Operating lease income is recognized on the straight-line method of accounting, generally from the later of the date the lessee takes possession of the space and it is ready for its intended use or the date of acquisition of the facility subject to existing leases. Accordingly, contractual lease payment increases are recognized evenly over the term of the lease. The periodic difference between lease revenue recognized under this method and contractual lease payment terms is recorded as "Deferred operating lease income receivable, net" on the Company's consolidated balance sheets. The Company also recognizes revenue from certain tenant leases for reimbursements of all or a portion of operating expenses, including common area costs, insurance, utilities and real estate taxes of the respective property. This revenue is accrued in the same periods as the expense is incurred and is recorded as “Operating lease income” in the Company's consolidated statements of operations. Revenue is also recorded from certain tenant leases that is contingent upon tenant sales exceeding defined thresholds. These rents are recognized only after the defined threshold has been met for the period. Management estimates losses within its operating lease income receivable and deferred operating lease income receivable balances as of the balance sheet date and incorporates an asset-specific component, as well as a general, formula-based reserve based on management's evaluation of the credit risks associated with these receivables. As of December 31, 2016 and 2015 , the allowance for doubtful accounts related to real estate tenant receivables was $1.3 million and $1.9 million , respectively, and the allowance for doubtful accounts related to deferred operating lease income was $1.3 million and $1.5 million , respectively. Interest Income: Interest income on loans receivable is recognized on an accrual basis using the interest method. On occasion, the Company may acquire loans at premiums or discounts. These discounts and premiums in addition to any deferred costs or fees, are typically amortized over the contractual term of the loan using the interest method. Exit fees are also recognized over the lives of the related loans as a yield adjustment, if management believes it is probable that such amounts will be received. If loans with premiums, discounts, loan origination or exit fees are prepaid, the Company immediately recognizes the unamortized portion, which is included in "Other income" or "Other expense" in the Company's consolidated statements of operations. The Company considers a loan to be non-performing and places loans on non-accrual status at such time as: (1) the loan becomes 90 days delinquent; (2) the loan has a maturity default; or (3) management determines it is probable that it will be unable to collect all amounts due according to the contractual terms of the loan. While on non-accrual status, based on the Company's judgment as to collectability of principal, loans are either accounted for on a cash basis, where interest income is recognized only upon actual receipt of cash, or on a cost-recovery basis, where all cash receipts reduce a loan's carrying value. Non-accrual loans are returned to accrual status when a loan has become contractually current and management believes all amounts contractually owed will be received. Certain of the Company's loans contractually provide for accrual of interest at specified rates that differ from current payment terms. Interest is recognized on such loans at the accrual rate subject to management's determination that accrued interest and outstanding principal are ultimately collectible, based on the underlying collateral and operations of the borrower. Prepayment penalties or yield maintenance payments from borrowers are recognized as other income when received. Certain of the Company's loan investments provide for additional interest based on the borrower's operating cash flow or appreciation of the underlying collateral. Such amounts are considered contingent interest and are reflected as interest income only upon receipt of cash. Other income: Other income includes revenues from hotel operations, which are recognized when rooms are occupied and the related services are provided. Revenues include room sales, food and beverage sales, parking, telephone, spa services and gift shop sales. Other income also includes gains from sales of loans, loan prepayment fees, yield maintenance payments, lease termination fees and other ancillary income. Land development revenue and cost of sales: Land development revenue includes lot and parcel sales from wholly-owned properties and is recognized for full profit recognition upon closing of the sale transactions, when the profit is determinable, the earnings process is virtually complete, the parties are bound by the terms of the contract, all consideration has been exchanged, any permanent financing for which the seller is responsible has been arranged and all conditions for closing have been performed. The Company primarily uses specific identification and the relative sales value method to allocate costs.
Reserve for loan losses	Reserve for loan losses — The reserve for loan losses reflects management's estimate of loan losses inherent in the loan portfolio as of the balance sheet date. If the Company determines that the collateral fair value less costs to sell is less than the carrying value of a collateral-dependent loan, the Company will record a reserve. The reserve is increased (decreased) through "Provision for (recovery of) loan losses" in the Company's consolidated statements of operations and is decreased by charge-offs. During delinquency and the foreclosure process, there are typically numerous points of negotiation with the borrower as the Company works toward a settlement or other alternative resolution, which can impact the potential for loan repayment or receipt of collateral. The Company's policy is to charge off a loan when it determines, based on a variety of factors, that all commercially reasonable means of recovering the loan balance have been exhausted. This may occur at different times, including when the Company receives cash or other assets in a pre-foreclosure sale or takes control of the underlying collateral in full satisfaction of the loan upon foreclosure or deed-in-lieu, or when the Company has otherwise ceased significant collection efforts. The Company considers circumstances such as the foregoing to be indicators that the final steps in the loan collection process have occurred and that a loan is uncollectible. At this point, a loss is confirmed and the loan and related reserve will be charged off. The Company has one portfolio segment, represented by commercial real estate lending, whereby it utilizes a uniform process for determining its reserve for loan losses. The reserve for loan losses includes a general, formula-based component and an asset-specific component. The general reserve component covers performing loans and reserves for loan losses are recorded when (i) available information as of each balance sheet date indicates that it is probable a loss has occurred in the portfolio and (ii) the amount of the loss can be reasonably estimated. The formula-based general reserve is derived from estimated principal default probabilities and loss severities applied to groups of loans based upon risk ratings assigned to loans with similar risk characteristics during the Company's quarterly loan portfolio assessment. During this assessment, the Company performs a comprehensive analysis of its loan portfolio and assigns risk ratings to loans that incorporate management's current judgments about their credit quality based on all known and relevant internal and external factors that may affect collectability. The Company considers, among other things, payment status, lien position, borrower financial resources and investment in collateral, collateral type, project economics and geographical location as well as national and regional economic factors. This methodology results in loans being segmented by risk classification into risk rating categories that are associated with estimated probabilities of default and principal loss. Ratings range from "1" to "5" with "1" representing the lowest risk of loss and "5" representing the highest risk of loss. The Company estimates loss rates based on historical realized losses experienced within its portfolio and takes into account current economic conditions affecting the commercial real estate market when establishing appropriate time frames to evaluate loss experience. The asset-specific reserve component relates to reserves for losses on impaired loans. The Company considers a loan to be impaired when, based upon current information and events, it believes that it is probable that the Company will be unable to collect all amounts due under the contractual terms of the loan agreement. This assessment is made on a loan-by-loan basis each quarter based on such factors as payment status, lien position, borrower financial resources and investment in collateral, collateral type, project economics and geographical location as well as national and regional economic factors. A reserve is established for an impaired loan when the present value of payments expected to be received, observable market prices, or the estimated fair value of the collateral (for loans that are dependent on the collateral for repayment) is lower than the carrying value of that loan. Substantially all of the Company's impaired loans are collateral dependent and impairment is measured using the estimated fair value of collateral, less costs to sell. The Company generally uses the income approach through internally developed valuation models to estimate the fair value of the collateral for such loans. In more limited cases, the Company obtains external "as is" appraisals for loan collateral, generally when third party participations exist. Valuations are performed or obtained at the time a loan is determined to be impaired and designated non-performing, and they are updated if circumstances indicate that a significant change in value has occurred. In limited cases, appraised values may be discounted when real estate markets rapidly deteriorate. A loan is also considered impaired if its terms are modified in a troubled debt restructuring ("TDR"). A TDR occurs when the Company has granted a concession and the debtor is experiencing financial difficulties. Impairments on TDR loans are generally measured based on the present value of expected future cash flows discounted at the effective interest rate of the original loan.
Loss on debt extinguishments	Loss on debt extinguishments — The Company recognizes the difference between the reacquisition price of debt and the net carrying amount of extinguished debt currently in earnings. Such amounts may include prepayment penalties or the write-off of unamortized debt issuance costs, and are recorded in “Loss on early extinguishment of debt, net” in the Company's consolidated statements of operations.
Derivative instruments and hedging activity	Derivative instruments and hedging activity — The Company's use of derivative financial instruments is primarily limited to the utilization of interest rate swaps, interest rate caps or other instruments to manage interest rate risk exposure and foreign exchange contracts to manage our risk to changes in foreign currencies. The Company recognizes derivatives as either assets or liabilities on the Company's consolidated balance sheets at fair value. If certain conditions are met, a derivative may be specifically designated as a hedge of the exposure to changes in the fair value of a recognized asset or liability, a hedge of a forecasted transaction or the variability of cash flows to be received or paid related to a recognized asset or liability. For derivatives designated as net investment hedges, the effective portion of changes in the fair value of the derivatives are reported in Accumulated Other Comprehensive Income as part of the cumulative translation adjustment. The ineffective portion of the change in fair value of the derivatives is recognized directly in earnings. Amounts are reclassified out of Accumulated Other Comprehensive Income into earnings when the hedged net investment is either sold or substantially liquidated. Derivatives that are not designated hedges are considered economic hedges, with changes in fair value reported in current earnings in "Other expense" in the Company's consolidated statements of operations. The Company does not enter into derivatives for trading purposes.
Stock-based compensation	Stock-based compensation — Compensation cost for stock-based awards is measured on the grant date and adjusted over the period of the employees' services to reflect (i) actual forfeitures and (ii) the outcome of awards with performance or service conditions through the requisite service period. Compensation cost for market-based awards is determined using a Monte Carlo model to simulate a range of possible future stock prices for the Company's common stock, which is reflected in the grant date fair value. All compensation cost for market-based awards in which the service conditions are met is recognized regardless of whether the market-condition is satisfied. Compensation costs are recognized ratably over the applicable vesting/service period and recorded in "General and administrative" in the Company's consolidated statements of operations.
Income taxes	Income taxes — The Company has elected to be qualified and taxed as a REIT under section 856 through 860 of the Internal Revenue Code of 1986, as amended (the "Code"). The Company is subject to federal income taxation at corporate rates on its REIT taxable income; the Company, however, is allowed a deduction for the amount of dividends paid to its shareholders, thereby subjecting the distributed net income of the Company to taxation at the shareholder level only. While the Company must distribute at least 90% of its taxable income to maintain its REIT status, the Company typically distributes all of its taxable income, if any, to eliminate any tax on undistributed taxable income. In addition, the Company is allowed several other deductions in computing its REIT taxable income, including non-cash items such as depreciation expense and certain specific reserve amounts that the Company deems to be uncollectable. These deductions allow the Company to reduce its dividend payout requirement under federal tax laws. The Company intends to operate in a manner consistent with, and its election to be treated as, a REIT for tax purposes. The Company made foreclosure elections for certain properties acquired through foreclosure, or an equivalent legal process, which allows the Company to operate these properties within the REIT, but subjects net income from these assets to corporate level tax. The carrying value of assets with foreclosure elections as of December 31, 2016 is $578.1 million . As of December 31, 2015 , the Company had $902.9 million of REIT net operating loss ("NOL") carryforwards at the corporate REIT level, which can generally be used to offset both ordinary taxable income and capital gain net income in future years. The NOL carryforwards will expire beginning in 2029 and through 2035 if unused. The amount of NOL carryforwards as of December 31, 2016 will be subject to finalization of the Company's 2016 tax return. The Company's tax years from 2012 through 2016 remain subject to examination by major tax jurisdictions. During the year ended December 31, 2016 , the Company is expected to have REIT taxable income before the NOL deduction. The Company recognizes interest expense and penalties related to uncertain tax positions, if any, as "Income tax (expense) benefit" in the Company's consolidated statements of operations. The Company may participate in certain activities from which it would be otherwise precluded and maintain its qualification as a REIT. These activities are conducted in entities that elect to be treated as taxable subsidiaries under the Code, subject to certain limitations. As such, the Company, through its taxable REIT subsidiaries ("TRS"), is engaged in various real estate related opportunities, primarily related to managing activities related to certain foreclosed assets, as well as managing various investments in equity affiliates. As of December 31, 2016 , $603.9 million of the Company's assets were owned by TRS entities. The Company's TRS entities are not consolidated for federal income tax purposes and are taxed as corporations. For financial reporting purposes, current and deferred taxes are provided for on the portion of earnings recognized by the Company with respect to its interest in TRS entities. Deferred income taxes reflect the net tax effects of temporary differences between the carrying amount of assets and liabilities for financial reporting purposes and the amounts for income tax purposes, as well as operating loss and tax credit carryforwards. The Company evaluates the realizability of its deferred tax assets and recognizes a valuation allowance if, based on the available evidence, both positive and negative, it is more likely than not that some portion or all of its deferred tax assets will not be realized. When evaluating the realizability of its deferred tax assets, the Company considers, among other matters, estimates of expected future taxable income, nature of current and cumulative losses, existing and projected book/tax differences, tax planning strategies available, and the general and industry specific economic outlook. This realizability analysis is inherently subjective, as it requires the Company to forecast its business and general economic environment in future periods. Based on an assessment of all factors, including historical losses and continued volatility of the activities within the TRS entities, it was determined that full valuation allowances were required on the net deferred tax assets as of December 31, 2016 and 2015 , respectively. Changes in estimates of deferred tax asset realizability, if any, are included in "Income tax (expense) benefit" in the consolidated statements of operations.
Earnings per share	Earnings per share — The Company uses the two-class method in calculating earnings per share ("EPS") when it issues securities other than common stock that contractually entitle the holder to participate in dividends and earnings of the Company when, and if, the Company declares dividends on its common stock. Vested HPU shares were entitled to dividends of the Company when dividends were declared. Basic earnings per share ("Basic EPS") for the Company's common stock and HPU shares are computed by dividing net income allocable to common shareholders and HPU holders by the weighted average number of shares of common stock and HPU shares outstanding for the period, respectively. Diluted earnings per share ("Diluted EPS") is calculated similarly, however, it reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock, where such exercise or conversion would result in a lower earnings per share amount. Unvested share-based payment awards that contain non-forfeitable rights to dividends or dividend equivalents (whether paid or unpaid) are deemed a "Participating Security" and are included in the computation of earnings per share pursuant to the two-class method. The Company's unvested common stock equivalents and restricted stock awards granted under its Long-Term Incentive Plans that are eligible to participate in dividends are considered Participating Securities and have been included in the two-class method when calculating EPS.
New accounting pronouncements	New accounting pronouncements — In January 2017 , the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") 2017-01, Business Combinations: Clarifying the Definition of a Business ("ASU 2017-01") to provide a more robust framework to use in determining when a set of assets and activities is a business. The amendments provide more consistency in applying the guidance, reduce the costs of application, and make the definition of a business more operable. ASU 2017-01 is effective for interim and annual reporting periods beginning after December 15, 2017. Early application is permitted under certain conditions. Management is evaluating the impact of the guidance on the Company's consolidated financial statements. In November 2016 , the FASB issued ASU 2016-18, Statement of Cash Flows: Restricted Cash ("ASU 2016-18") which requires that restricted cash be included with cash and cash equivalents when reconciling beginning and ending cash and cash equivalents on the statement of cash flows. In addition, ASU 2016-18 requires disclosure of what is included in restricted cash. ASU 2016-18 is effective for interim and annual reporting periods beginning after December 15, 2017. Early adoption is permitted. Management does not believe the guidance will have a material impact on the Company's consolidated financial statements. In August 2016 , the FASB issued ASU 2016-15, Statement of Cash Flows: Classification of Certain Cash Receipts and Cash Payments ("ASU 2016-15") which was issued to reduce diversity in practice in how certain cash receipts and cash payments, including debt prepayment or debt extinguishment costs, distributions from equity method investees, and other separately identifiable cash flows, are presented and classified in the statement of cash flows. ASU 2016-15 is effective for interim and annual reporting periods beginning after December 15, 2017. Early adoption is permitted. Management does not believe the guidance will have a material impact on the Company's consolidated financial statements. In June 2016 , the FASB issued ASU 2016-13, Financial Instruments—Credit Losses: Measurement of Credit Losses on Financial Instruments ("ASU 2016-13") which was issued to provide financial statement users with more decision-useful information about the expected credit losses on financial instruments held by a reporting entity. This amendment replaces the incurred loss impairment methodology in current GAAP with a methodology that reflects expected credit losses and requires consideration of a broader range of reasonable and supportable information to inform credit loss estimates. ASU 2016-13 is effective for interim and annual reporting periods beginning after December 15, 2019. Early adoption is permitted for interim and annual reporting periods beginning after December 15, 2018. Management does not believe the guidance will have a material impact on the Company's consolidated financial statements. In March 2016 , the FASB issued ASU 2016-09, Compensation-Stock Compensation: Improvements to Employee Share-Based Payment Accounting ("ASU 2016-09") which was issued to simplify several aspects of the accounting for share-based payment transactions, including income tax, classification of awards as either equity or liabilities and classification on the statement of cash flows. ASU 2016-09 is effective for interim and annual reporting periods beginning after December 15, 2016. Early adoption is permitted. Management does not believe the guidance will have a material impact on the Company's consolidated financial statements. In February 2016, the FASB issued ASU 2016-02, Leases ("ASU 2016-02"), which requires the recognition of lease assets and lease liabilities by lessees for those leases classified as operating leases. For operating leases, a lessee will be required to do the following: (i) recognize a right-of-use asset and a lease liability, initially measured at the present value of the lease payments, in the statement of financial position; (ii) recognize a single lease cost, calculated so that the cost of the lease is allocated over the lease term on a generally straight-line basis and (iii) classify all cash payments within operating activities in the statement of cash flows. For operating lease arrangements for which the Company is the lessee, primarily the lease of office space, the Company expects the impact of ASU 2016-02 to be the recognition of a right-of-use asset and lease liability on its consolidated balance sheets. The accounting applied by the Company as a lessor will be largely unchanged from that applied under previous GAAP. However, in certain instances, a new long-term lease of land subsequent to adoption could be classified as a sales-type lease, which could result in the Company derecognizing the underlying asset from its books and recording a profit or loss on sale and the net investment in the lease. ASU 2016-02 is effective for interim and annual reporting periods beginning after December 15, 2018. Early adoption is permitted. Management is evaluating the impact of the guidance on the Company's consolidated financial statements. In January 2016, the FASB issued ASU 2016-01, Financial Instruments - Overall: Recognition and Measurement of Financial Assets and Financial Liabilities ("ASU 2016-01"), which addresses certain aspects of recognition, measurement, presentation and disclosure of financial instruments. ASU 2016-01 is effective for interim and annual reporting periods beginning after December 15, 2017. Early adoption is not permitted. Management is evaluating the impact of the guidance on the Company's consolidated financial statements. In August 2014, the FASB issued ASU 2014-15, Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern ("ASU 2014-15") which requires management to evaluate whether there is substantial doubt that the Company is able to continue operating as a going concern within one year after the date the financial statements are issued or available to be issued. If there is substantial doubt, additional disclosure is required, including the principal condition or event that raised the substantial doubt, the Company's evaluation of the condition or event in relation to its ability to meet its obligations and the Company's plan to alleviate (or, which is intended to alleviate) the substantial doubt. ASU 2014-15 was effective for interim and annual reporting periods beginning after December 15, 2016. The adoption of ASU 2014-15 did not have a material impact on the Company's consolidated financial statements. In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers ("ASU 2014-09") which supersedes existing industry-specific guidance, including ASC 360-20, Real Estate Sales . The new standard is principles-based and requires more estimates and judgment than current guidance. Certain contracts with customers, including lease contracts and financial instruments and other contractual rights, are not within the scope of the new guidance. Although most of the Company's revenue is operating lease income generated from lease contracts and interest income generated from financial instruments, certain other of the Company's revenue streams will be impacted by the new guidance. In August 2015, the FASB issued ASU 2015-14, Revenue from Contracts with Customers - Deferral of the Effective Date , to defer the effective date of ASU 2014-09 by one year. ASU 2014-09 is now effective for interim and annual reporting periods beginning after December 15, 2017. Early adoption is permitted beginning January 1, 2017. Management is evaluating the impact of the guidance on the Company's consolidated financial statements.

Summary of Significant Accoun32

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2016
Accounting Policies [Abstract]
Schedule of components of income tax expense (benefit)	The following represents the Company's TRS income tax benefit (expense) ($ in thousands): For the Years Ended December 31, 2016 (1) 2015 2014 Current tax benefit (expense) $ 9,751 $ (7,639 ) $ (3,912 ) Deferred tax benefit (expense) — — — Total income tax (expense) benefit $ 9,751 $ (7,639 ) $ (3,912 ) _______________________________________________________________________________ (1) For the year ended December 31, 2016, excludes a REIT income tax benefit of $0.4 million .
Schedule of deferred tax assets and liabilities	Deferred tax assets and liabilities of the Company's TRS entities were as follows ($ in thousands): As of December 31, 2016 2015 Deferred tax assets (1) $ 66,498 $ 53,910 Valuation allowance (66,498 ) (53,910 ) Net deferred tax assets (liabilities) $ — $ — _______________________________________________________________________________ (1) Deferred tax assets as of December 31, 2016 include timing differences related primarily to asset basis of $29.7 million , deferred expenses and other items of $17.9 million , NOL carryforwards of $15.6 million and other credits of $3.3 million . Deferred tax assets as of December 31, 2015 include timing differences related primarily to asset basis of $40.0 million , deferred expenses and other items of $10.7 million and NOL carryforwards of $3.2 million .

Real Estate (Tables)

Real Estate (Tables)	12 Months Ended
	Dec. 31, 2016
Real Estate [Abstract]
Schedule of real estate assets	The Company's real estate assets were comprised of the following ($ in thousands): Net Lease (1) Operating Properties Total As of December 31, 2016 Land, at cost $ 272,666 $ 211,054 $ 483,720 Buildings and improvements, at cost 1,111,589 311,283 1,422,872 Less: accumulated depreciation (368,665 ) (46,175 ) (414,840 ) Real estate, net 1,015,590 476,162 1,491,752 Real estate available and held for sale (2) 1,284 82,480 83,764 Total real estate $ 1,016,874 $ 558,642 $ 1,575,516 As of December 31, 2015 Land, at cost $ 306,172 $ 133,275 $ 439,447 Buildings and improvements, at cost 1,183,723 427,371 1,611,094 Less: accumulated depreciation (377,416 ) (79,142 ) (456,558 ) Real estate, net 1,112,479 481,504 1,593,983 Real estate available and held for sale (2) — 137,274 137,274 Total real estate $ 1,112,479 $ 618,778 $ 1,731,257 _______________________________________________________________________________ (1) In 2014, the Company partnered with a sovereign wealth fund to form a venture to acquire and develop net lease assets (the "Net Lease Venture") and gave a right of first refusal to the Net Lease Venture on all new net lease investments (refer to Note 7 for more information on the Net Lease Venture). The Company is responsible for sourcing new opportunities and managing the Net Lease Venture and its assets in exchange for a promote and management fee. (2) As of December 31, 2016 and 2015 the Company had $82.5 million and $137.3 million , respectively, of residential properties available for sale in its operating properties portfolio.
Schedule of pro forma revenues and net income	The following unaudited table summarizes the Company's pro forma revenues and net income for the year ended December 31, 2014 as if the acquisition of the properties acquired during the year ended December 31, 2014 was completed on January 1, 2013 (unaudited and $ in thousands): Pro forma total revenues $ 466,327 Pro forma net income 15,351
Schedule of future minimum rental payments for operating leases	Future minimum operating lease payments to be collected under non-cancelable leases, excluding customer reimbursements of expenses, in effect as of December 31, 2016 , are as follows ($ in thousands): Year Net Lease Assets Operating Properties 2017 $ 120,055 $ 36,580 2018 123,005 34,535 2019 123,567 30,805 2020 123,059 28,225 2021 123,063 26,794 Future minimum lease obligations under non-cancelable operating leases are as follows ($ in thousands): 2017 $ 5,463 2018 4,552 2019 3,692 2020 3,696 2021 1,439 Thereafter 3,752

Land and Development (Tables)

Land and Development (Tables)	12 Months Ended
	Dec. 31, 2016
Land and Land Improvements [Abstract]
Schedule of land and land improvements	The Company's land and development assets were comprised of the following ($ in thousands): As of December 31, 2016 2015 Land and land development, at cost $ 952,051 $ 1,007,995 Less: accumulated depreciation (6,486 ) (6,032 ) Total land and development, net $ 945,565 $ 1,001,963

Loans Receivable and Other Le35

Loans Receivable and Other Lending Investments, net (Tables)	12 Months Ended
	Dec. 31, 2016
Receivables [Abstract]
Schedule of the Company's loans and other lending investments by class	The following is a summary of the Company's loans receivable and other lending investments by class ($ in thousands): As of December 31, Type of Investment 2016 2015 Senior mortgages $ 940,738 $ 975,915 Corporate/Partnership loans 490,389 643,270 Subordinate mortgages 24,941 28,676 Total gross carrying value of loans 1,456,068 1,647,861 Reserves for loan losses (85,545 ) (108,165 ) Total loans receivable, net 1,370,523 1,539,696 Other lending investments—securities 79,916 62,289 Total loans receivable and other lending investments, net $ 1,450,439 $ 1,601,985
Schedule of changes in the Company's reserve for loan losses	Changes in the Company's reserve for loan losses were as follows ($ in thousands): For the Years Ended December 31, 2016 2015 2014 Reserve for loan losses at beginning of period $ 108,165 $ 98,490 $ 377,204 (Recovery of) provision for loan losses (1) (12,514 ) 36,567 (1,714 ) Charge-offs (10,106 ) (26,892 ) (277,000 ) Reserve for loan losses at end of period $ 85,545 $ 108,165 $ 98,490 ______________________________________________________________________________ (1) For the years ended December 31, 2016 , 2015 and 2014 , the provision for loan losses includes recoveries of previously recorded asset-specific loan loss reserves of $13.7 million , $0.6 million and $10.1 million , respectively.
Schedule of recorded investment in loans and associated reserve for loan losses	The Company's recorded investment in loans (comprised of a loan's carrying value plus accrued interest) and the associated reserve for loan losses were as follows ($ in thousands): Individually Evaluated for Impairment (1) Collectively Evaluated for Impairment (2) Total As of December 31, 2016 Loans $ 253,941 $ 1,209,062 $ 1,463,003 Less: Reserve for loan losses (62,245 ) (23,300 ) (85,545 ) Total (3) $ 191,696 $ 1,185,762 $ 1,377,458 As of December 31, 2015 Loans $ 132,492 $ 1,524,347 $ 1,656,839 Less: Reserve for loan losses (72,165 ) (36,000 ) (108,165 ) Total (3) $ 60,327 $ 1,488,347 $ 1,548,674 _______________________________________________________________________________ (1) The carrying value of these loans include unamortized discounts, premiums, deferred fees and costs totaling net discounts of $0.4 million and $0.2 million as of December 31, 2016 and 2015 , respectively. The Company's loans individually evaluated for impairment primarily represent loans on non-accrual status and therefore, the unamortized amounts associated with these loans are not currently being amortized into income. During the year ended December 31, 2016, the Company transferred a loan with a gross carrying value of $157.2 million to non-performing status due to the initiation of bankruptcy proceedings related to the collateral, which resulted in the release of $11.6 million of the general reserve. The Company performed a valuation and recorded a specific reserve of $12.5 million . (2) The carrying value of these loans include unamortized discounts, premiums, deferred fees and costs totaling net discounts of $1.9 million and $8.2 million as of December 31, 2016 and 2015 , respectively. (3) The Company's recorded investment in loans as of December 31, 2016 and 2015 includes accrued interest of $6.9 million and $9.0 million , respectively, which are included in "Accrued interest and operating lease income receivable, net" on the Company's consolidated balance sheets. As of December 31, 2016 and 2015, excludes $79.9 million and $62.3 million , respectively, of securities that are evaluated for impairment under ASC 320.
Schedule of investment in performing loans, presented by class and by credit quality, as indicated by risk rating	The Company's recorded investment in performing loans, presented by class and by credit quality, as indicated by risk rating, was as follows ($ in thousands): As of December 31, 2016 2015 Performing Loans Weighted Average Risk Ratings Performing Loans Weighted Average Risk Ratings Senior mortgages $ 859,250 3.12 $ 853,595 2.96 Corporate/Partnership loans 335,677 3.09 641,713 3.37 Subordinate mortgages 14,135 3.00 29,039 3.64 Total $ 1,209,062 3.11 $ 1,524,347 3.15
Schedule of recorded investment in loans, aged by payment status and presented by class	The Company's recorded investment in loans, aged by payment status and presented by class, were as follows ($ in thousands): As of December 31, 2016 Current Less Than and Equal to 90 Days Greater Than 90 Days (1) Total Past Due Total Senior mortgages $ 868,505 $ — $ 76,677 $ 76,677 $ 945,182 Corporate/Partnership loans 335,677 — 157,146 157,146 492,823 Subordinate mortgages 24,998 — — — 24,998 Total $ 1,229,180 $ — $ 233,823 $ 233,823 $ 1,463,003 As of December 31, 2015 Senior mortgages $ 864,099 $ — $ 116,250 $ 116,250 $ 980,349 Corporate/Partnership loans 647,451 — — — 647,451 Subordinate mortgages 29,039 — — — 29,039 Total $ 1,540,589 $ — $ 116,250 $ 116,250 $ 1,656,839 _______________________________________________________________________________ (1) As of December 31, 2016 , the Company had four loans which were greater than 90 days delinquent and were in various stages of resolution, including legal proceedings, environmental concerns and foreclosure-related proceedings, and ranged from 1.0 to 8.0 years outstanding. As of December 31, 2015, the Company had four loans which were greater than 90 days delinquent and were in various stages of resolution, including legal proceedings, environmental concerns and foreclosure-related proceedings, and ranged from 1.0 to 7.0 years outstanding.
Schedule of recorded investment in impaired loans, presented by class	The Company's recorded investment in impaired loans, presented by class, were as follows ($ in thousands) (1) : As of December 31, 2016 As of December 31, 2015 Recorded Investment Unpaid Principal Balance Related Allowance Recorded Investment Unpaid Principal Balance Related Allowance With no related allowance recorded: Subordinate mortgages $ 10,862 $ 10,846 $ — $ — $ — $ — Subtotal $ 10,862 $ 10,846 $ — $ — $ — $ — With an allowance recorded: Senior mortgages $ 85,933 $ 85,780 $ (49,774 ) $ 126,754 $ 125,776 $ (69,627 ) Corporate/Partnership loans 157,146 146,783 (12,471 ) 5,738 5,738 (2,538 ) Subtotal $ 243,079 $ 232,563 $ (62,245 ) $ 132,492 $ 131,514 $ (72,165 ) Total: Senior mortgages $ 85,933 $ 85,780 $ (49,774 ) $ 126,754 $ 125,776 $ (69,627 ) Corporate/Partnership loans 157,146 146,783 (12,471 ) 5,738 5,738 (2,538 ) Subordinate mortgages 10,862 10,846 — — — — Total $ 253,941 $ 243,409 $ (62,245 ) $ 132,492 $ 131,514 $ (72,165 ) _______________________________________________________________________________ (1) All of the Company's non-accrual loans are considered impaired and included in the table above.
Schedule of average recorded investment in impaired loans and interest income recognized, presented by class	The Company's average recorded investment in impaired loans and interest income recognized, presented by class, were as follows ($ in thousands): For the Years Ended December 31, 2016 2015 2014 Average Interest Average Interest Average Recorded Investment Interest Income Recognized With no related allowance recorded: Senior mortgages $ 3,661 $ 226 $ — $ — $ 35,659 $ 1,922 Subordinate mortgages 6,799 — — — — — Subtotal 10,460 226 — — 35,659 1,922 With an allowance recorded: Senior mortgages 118,921 — 129,135 38 334,351 158 Corporate/Partnership loans 66,101 — 24,252 12 52,963 181 Subtotal 185,022 — 153,387 50 387,314 339 Total: Senior mortgages 122,582 226 129,135 38 370,010 2,080 Corporate/Partnership loans 66,101 — 24,252 12 52,963 181 Subordinate mortgages 6,799 — — — — — Total $ 195,482 $ 226 $ 153,387 $ 50 $ 422,973 $ 2,261
Schedule of other lending investments - securities	Other lending investments—securities includes the following ($ in thousands): Face Value Amortized Cost Basis Net Unrealized Gain (Loss) Estimated Fair Value Net Carrying Value As of December 31, 2016 Available-for-Sale Securities Municipal debt securities $ 21,240 $ 21,240 $ 426 $ 21,666 $ 21,666 Held-to-Maturity Securities Debt securities 58,454 58,250 2,753 61,003 58,250 Total $ 79,694 $ 79,490 $ 3,179 $ 82,669 $ 79,916 As of December 31, 2015 Available-for-Sale Securities Municipal debt securities $ 1,010 $ 1,010 $ 151 $ 1,161 $ 1,161 Held-to-Maturity Securities Debt securities 54,549 61,128 71 61,199 61,128 Total $ 55,559 $ 62,138 $ 222 $ 62,360 $ 62,289
Schedule of contractual maturities of the Company's securities	As of December 31, 2016 , the contractual maturities of the Company's securities were as follows ($ in thousands): Held-to-Maturity Securities Available-for-Sale Securities Amortized Cost Basis Estimated Fair Value Amortized Cost Basis Estimated Fair Value Maturities Within one year $ — $ — $ — $ — After one year through 5 years 58,250 61,003 — — After 5 years through 10 years — — — — After 10 years — — 21,240 21,666 Total $ 58,250 $ 61,003 $ 21,240 $ 21,666

Other Investments (Tables)

Other Investments (Tables)	12 Months Ended
	Dec. 31, 2016
Investments, All Other Investments [Abstract]
Schedule of other investments and its proportionate share of results for equity method investments	The Company's other investments and its proportionate share of earnings (losses) from equity method investments were as follows ($ in thousands): Carrying Value Equity in Earnings (Losses) As of December 31, For the Years Ended December 31, 2016 2015 2016 2015 2014 Real estate equity investments iStar Net Lease I LLC ("Net Lease Venture") $ 92,669 $ 69,096 $ 3,567 $ 5,221 $ 1,915 Marina Palms, LLC ("Marina Palms") 35,185 30,099 22,053 23,626 14,671 Other real estate equity investments (1) 53,202 81,452 41,822 (5,280 ) 36,842 Subtotal 181,056 180,647 67,442 23,567 53,428 Other strategic investments (2)(3) 33,350 73,525 9,907 8,586 41,477 Total $ 214,406 $ 254,172 $ 77,349 $ 32,153 $ 94,905 _______________________________________________________________________________ (1) During the year ended December 31, 2016, a majority-owned consolidated subsidiary of the Company sold its interest in a real estate equity method investment for net proceeds of $39.8 million and recognized equity in earnings of $31.5 million , of which $10.1 million was attributable to the noncontrolling interest. In addition, the Company received a distribution from one of its real estate equity method investments and recognized equity in earnings during the year ended December 31, 2016 of $11.6 million . During the year ended December 31, 2014, the Company recognized $32.9 million of earnings from equity method investments resulting from asset sales by one of its equity method investees. (2) During the year ended December 31, 2014, the Company recognized $23.4 million of earnings from equity method investments resulting from asset sales and a legal settlement by one of its equity method investees. (3) In conjunction with the sale of the Company's interests in Oak Hill Advisors, L.P. in 2011, the Company retained a share of the carried interest related to various funds. During the years ended December 31, 2016 , 2015 and 2014, the Company recognized $4.3 million , $2.2 million and $9.0 million , respectively, of carried interest income.
Summary of financial information of the equity method investments	The following tables present the investee level summarized financial information of the Company's equity method investments ($ in thousands): As of December 31, For the Years Ended December 31, 2016 2015 2016 2015 2014 Balance Sheets Income Statements Total assets $ 2,803,411 $ 3,597,587 Revenues $ 272,281 $ 481,224 $ 626,039 Total liabilities 683,079 768,622 Expenses (227,720 ) (245,968 ) (185,603 ) Noncontrolling interests 23,544 19,208 Net income attributable to parent entities 42,209 234,529 440,210 Total equity 2,096,788 2,809,757

Other Assets and Other Liabil37

Other Assets and Other Liabilities (Tables)	12 Months Ended
	Dec. 31, 2016
Other Assets and Other Liabilities [Abstract]
Schedule of deferred expenses and other assets, net	Deferred expenses and other assets, net, consist of the following items ($ in thousands): As of December 31, 2016 2015 Intangible assets, net (1) $ 63,098 $ 71,446 Other receivables (2) 52,820 22,557 Other assets 39,591 36,999 Restricted cash 25,883 26,657 Leasing costs, net (3) 12,566 19,393 Corporate furniture, fixtures and equipment, net (4) 5,691 4,405 Deferred expenses and other assets, net $ 199,649 $ 181,457 _______________________________________________________________________________ (1) Intangible assets, net includes above market and in-place lease assets related to the acquisition of real estate assets. This balance also includes a lease incentive asset of $32.8 million (refer to Note 4). Accumulated amortization on intangible assets, net was $32.6 million and $37.3 million as of December 31, 2016 and 2015 , respectively. The amortization of above market leases and lease incentive assets decreased operating lease income in the Company's consolidated statements of operations by $4.1 million , $6.7 million and $8.6 million for the years ended December 31, 2016 , 2015 , and 2014 , respectively. These intangible lease assets are amortized over the term of the lease. The amortization expense for in-place leases was $1.9 million , $3.6 million and $6.7 million for the years ended December 31, 2016 , 2015 , and 2014 , respectively. These amounts are included in "Depreciation and amortization" in the Company's consolidated statements of operations. (2) As of December 31, 2016 and 2015, includes $26.0 million and $11.3 million , respectively, of receivables related to the construction and development of an amphitheater (refer to Note 5). (3) Accumulated amortization of leasing costs was $6.7 million and $9.8 million as of December 31, 2016 and 2015 , respectively. (4) Accumulated depreciation on corporate furniture, fixtures and equipment was $9.0 million and $8.1 million as of December 31, 2016 and 2015 , respectively.
Schedule of accounts payable, accrued expenses and other liabilities	Accounts payable, accrued expenses and other liabilities consist of the following items ($ in thousands): As of December 31, 2016 2015 Other liabilities (1) $ 75,993 $ 80,332 Accrued expenses (2) 72,693 68,937 Accrued interest payable 54,033 55,081 Intangible liabilities, net (3) 8,851 10,485 Accounts payable, accrued expenses and other liabilities $ 211,570 $ 214,835 _______________________________________________________________________________ (1) As of December 31, 2016 and 2015, "Other liabilities" includes $24.0 million and $14.5 million , respectively, related to profit sharing arrangements with developers for certain properties sold. As of December 31, 2016 and 2015, includes $1.2 million and $4.4 million , respectively, associated with "Real estate available and held for sale" on the Company's consolidated balance sheets. As of December 31, 2016 and 2015, "Other liabilities" also includes $8.5 million and $6.6 million , respectively related to tax increment financing bonds which were issued by government entities to fund development within two of the Company's land projects. The amount represents tax assessments associated with each project, which will decrease as the Company sells units. (2) As of December 31, 2016 and 2015, accrued expenses includes $1.7 million and $5.3 million , respectively, associated with "Real estate available and held for sale" on the Company's consolidated balance sheets. (3) Intangible liabilities, net includes below market lease liabilities related to the acquisition of real estate assets. Accumulated amortization on below market leases was $6.4 million and $6.6 million as of December 31, 2016 and 2015 , respectively. The amortization of below market leases increased operating lease income in the Company's consolidated statements of operations by $1.1 million , $1.5 million and $2.5 million for the years ended December 31, 2016 , 2015 and 2014 , respectively.
Schedule of expense from the amortization of lease intangible assets and liabilities	The estimated expense from the amortization of lease incentives and in-place leases for each of the five succeeding fiscal years is as follows ($ in thousands): 2017 $ 2,484 2018 2,135 2019 2,097 2020 2,068 2021 2,022

Loan Participations Payable, 38

Loan Participations Payable, Net (Tables)	12 Months Ended
	Dec. 31, 2016
Transfers and Servicing [Abstract]
Schedule of Participating Mortgage Loans	The Company's loan participations payable, net were as follows ($ in thousands): Carrying Value as of December 31, 2016 December 31, 2015 Loan participations payable (1) $ 160,251 $ 153,000 Debt discounts and deferred financing costs, net (930 ) (914 ) Total loan participations payable, net $ 159,321 $ 152,086 _______________________________________________________________________________ (1) As of December 31, 2016, the Company had three loan participations payable with a weighted average interest rate of 4.8% . As of December 31, 2015, the Company had two loan participations payable with a weighted average interest rate of 4.6% .

Debt Obligations, net (Tables)

Debt Obligations, net (Tables)	12 Months Ended
	Dec. 31, 2016
Debt Disclosure [Abstract]
Schedule of debt obligations	As of December 31, 2016 and 2015 , the Company's debt obligations were as follows ($ in thousands): Carrying Value as of December 31, Stated Interest Rates Scheduled Maturity Date 2016 2015 Secured credit facilities and mortgages: 2015 $250 Million Secured Revolving Credit Facility $ — $ 250,000 LIBOR + 2.75% (1) March 2018 2016 Senior Secured Credit Facility 498,648 — LIBOR + 4.50% (2) July 2020 Mortgages collateralized by net lease assets 249,987 239,547 3.875% - 7.26% (3) Various through 2032 2012 Tranche A-2 Facility — 339,717 LIBOR + 5.75% (4) — Total secured credit facilities and mortgages 748,635 829,264 Unsecured notes: 5.875% senior notes — 261,403 5.875 % — 3.875% senior notes — 265,000 3.875 % — 3.00% senior convertible notes (5) — 200,000 3.00 % — 1.50% senior convertible notes (6) — 200,000 1.50 % — 5.85% senior notes 99,722 99,722 5.85 % March 2017 9.00% senior notes 275,000 275,000 9.00 % June 2017 4.00% senior notes (7) 550,000 550,000 4.00 % November 2017 7.125% senior notes 300,000 300,000 7.125 % February 2018 4.875% senior notes (8) 300,000 300,000 4.875 % July 2018 5.00% senior notes (9) 770,000 770,000 5.00 % July 2019 6.50% senior notes (10) 275,000 — 6.50 % July 2021 Total unsecured notes 2,569,722 3,221,125 Other debt obligations: Trust preferred securities 100,000 100,000 LIBOR + 1.50% October 2035 Total debt obligations 3,418,357 4,150,389 Debt discounts and deferred financing costs, net (28,449 ) (31,566 ) Total debt obligations, net (11) $ 3,389,908 $ 4,118,823 _______________________________________________________________________________ (1) The loan bears interest at the Company's election of either (i) a base rate, which is the greater of (a) prime, (b) federal funds plus 0.5% or (c) LIBOR plus 1.0% and subject to a margin ranging from 1.25% to 1.75% , or (ii) LIBOR subject to a margin ranging from 2.25% to 2.75% . At maturity, the Company may convert outstanding borrowings to a one year term loan which matures in quarterly installments through March 2019. (2) The loan bears interest at the Company's election of either (i) a base rate, which is the greater of (a) prime, (b) federal funds plus 0.5% or (c) LIBOR plus 1.0% and subject to a margin of 3.5% or (ii) LIBOR subject to a margin of 4.5% with a minimum LIBOR rate of 1.0% . (3) As of December 31, 2016 and 2015 , includes a loan with a floating rate of LIBOR plus 2.00% . As of December 31, 2016 , the weighted average interest rate of these loans is 5.1% . (4) The loan had a LIBOR floor of 1.25% . (5) The Company's 3.00% senior convertible fixed rate notes due November 2016 (" 3.00% Convertible Notes") were convertible at the option of the holders, into 85.0 shares per $1,000 principal amount of 3.00% Convertible Notes, at $11.77 per share at any time prior to the close of business on November 14, 2016. $9.6 million principal amount of the 3.00% Convertible Notes were converted into 0.8 million shares of common stock. (6) The Company's 1.50% senior convertible fixed rate notes due November 2016 (" 1.50% Convertible Notes") were convertible at the option of the holders, into 57.8 shares per $1,000 principal amount of 1.50% Convertible Notes, at $17.29 per share at any time prior to the close of business on November 14, 2016. None of the 1.50% Convertible Notes were converted into shares of common stock. (7) The Company can prepay these senior notes without penalty beginning August 1, 2017. (8) The Company can prepay these senior notes without penalty beginning January 1, 2018. (9) The Company can prepay these senior notes without penalty beginning July 1, 2018. (10) The Company can prepay these senior notes without penalty beginning July 1, 2020. (11) The Company capitalized interest relating to development activities of $5.8 million , $5.3 million and $4.9 million for the years ended December 31, 2016 2015 and 2014 , respectively.
Schedule of future scheduled maturities of outstanding long-term debt obligations, net	As of December 31, 2016 , future scheduled maturities of outstanding debt obligations are as follows ($ in thousands): Unsecured Debt Secured Debt Total 2017 (1) $ 924,722 $ — $ 924,722 2018 600,000 11,196 611,196 2019 770,000 29,191 799,191 2020 — 498,648 498,648 2021 275,000 119,860 394,860 Thereafter 100,000 89,740 189,740 Total principal maturities 2,669,722 748,635 3,418,357 Unamortized discounts and deferred financing costs, net (18,426 ) (10,023 ) (28,449 ) Total debt obligations, net $ 2,651,296 $ 738,612 $ 3,389,908 _____________________________________________________________________________ (1) The Company has $924.7 million of debt obligations maturing in three separate tranches during 2017, and $311.2 million of other debt obligations maturing before the end of February 2018, as listed in the debt obligations table above. The Company's plans to satisfy these obligations primarily consist of accessing the debt and/or equity markets to obtain capital to satisfy the maturing obligations. In addition, management intends to execute on its business strategy of disposing of assets and selling interests in business lines as well as collecting loan repayments from borrowers to further generate available liquidity. Should these sources of capital not be sufficiently available, the Company will slow its pace of making new investments and will need to identify alternative sources of capital. As of February 23, 2017, the Company had approximately $710.7 million of cash and available capacity under existing borrowing arrangements.
Schedule of carrying value of encumbered assets by asset type	As of December 31, 2016 and 2015 , the carrying value of the Company's encumbered and unencumbered assets by asset type are as follows ($ in thousands): As of December 31, 2016 2015 Encumbered Assets Unencumbered Assets Encumbered Assets Unencumbered Assets Real estate, net $ 881,212 $ 610,540 $ 816,721 $ 777,262 Real estate available and held for sale — 83,764 10,593 126,681 Land and development, net 35,165 910,400 17,714 984,249 Loans receivable and other lending investments, net (1)(2) 172,581 1,142,050 170,162 1,314,823 Other investments — 214,406 22,352 231,820 Cash and other assets — 639,588 — 1,008,415 Total $ 1,088,958 $ 3,600,748 $ 1,037,542 $ 4,443,250 _______________________________________________________________________________ (1) As of December 31, 2016 and 2015 , the amounts presented exclude general reserves for loan losses of $23.3 million and $36.0 million , respectively. (2) As of December 31, 2016 and 2015 , the amounts presented exclude loan participations of $159.1 million and $153.0 million , respectively.

Commitments and Contingencies (

Commitments and Contingencies (Tables)	12 Months Ended
	Dec. 31, 2016
Commitments and Contingencies Disclosure [Abstract]
Schedule of unfunded commitments	As of December 31, 2016 , the maximum amount of fundings the Company may be required to make under each category, assuming all performance hurdles and milestones are met under the Performance-Based Commitments, that it approves all Discretionary Fundings and that 100% of its capital committed to Strategic Investments is drawn down, are as follows ($ in thousands): Loans and Other Lending Investments (1) Real Estate Other Investments Total Performance-Based Commitments $ 366,287 $ 14,616 $ 25,574 $ 406,477 Strategic Investments — — 45,540 45,540 Total (2) $ 366,287 $ 14,616 $ 71,114 $ 452,017 _______________________________________________________________________________ (1) Excludes $158.7 million of commitments on loan participations sold that are not the obligation of the Company. (2) The Company did not have any Discretionary Fundings as of December 31, 2016.
Schedule of future minimum rental payments for operating leases	Future minimum operating lease payments to be collected under non-cancelable leases, excluding customer reimbursements of expenses, in effect as of December 31, 2016 , are as follows ($ in thousands): Year Net Lease Assets Operating Properties 2017 $ 120,055 $ 36,580 2018 123,005 34,535 2019 123,567 30,805 2020 123,059 28,225 2021 123,063 26,794 Future minimum lease obligations under non-cancelable operating leases are as follows ($ in thousands): 2017 $ 5,463 2018 4,552 2019 3,692 2020 3,696 2021 1,439 Thereafter 3,752

Risk Management and Derivativ41

Risk Management and Derivatives (Tables)	12 Months Ended
	Dec. 31, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of fair value of derivative financial instruments as well as their classification on Consolidated Balance Sheets	The table below presents the fair value of the Company's derivative financial instruments as well as their classification on the consolidated balance sheets as of December 31, 2016 and 2015 ($ in thousands): Derivative Assets as of December 31, Derivative Liabilities as of December 31, 2016 2015 2016 2015 Balance Sheet Location Fair Value Balance Sheet Location Fair Value Balance Sheet Location Fair Value Balance Sheet Location Fair Value Derivatives Designated in Hedging Relationships Foreign exchange contracts Other Assets $ — Other Assets $ 39 Other Liabilities $ 8 N/A $ — Interest rate swaps N/A — N/A — Other Liabilities 39 Other Liabilities 131 Total $ — $ 39 $ 47 $ 131 Derivatives not Designated in Hedging Relationships Foreign exchange contracts Other Assets $ 702 Other Assets $ 378 N/A $ — N/A $ — Interest rate cap Other Assets 25 Other Assets 1,105 N/A — N/A — Total $ 727 $ 1,483 $ — $ —
Schedule of derivative financial instruments on Consolidated Statements of Operations	The tables below present the effect of the Company's derivative financial instruments in the consolidated statements of operations and the consolidated statements of comprehensive income (loss) for the years ended December 31, 2016 , 2015 and 2014 ($ in thousands): Derivatives Designated in Hedging Relationships Location of Gain (Loss) Recognized in Income Amount of Gain (Loss) Recognized in Accumulated Other Comprehensive Income (Effective Portion) Amount of Gain (Loss) Reclassified from Accumulated Other Comprehensive Income into Earnings (Effective Portion) Amount of Gain (Loss) Reclassified from Accumulated Other Comprehensive Income into Earnings (Ineffective Portion) For the Year Ended December 31, 2016 Interest rate cap Interest Expense $ — $ (185 ) N/A Interest rate cap Earnings from equity investments (4 ) (3 ) N/A Interest rate swaps Interest Expense (175 ) (32 ) N/A Interest rate swaps Earnings from equity investments 94 (378 ) N/A Foreign exchange contracts Earnings from equity investments (167 ) — N/A For the Year Ended December 31, 2015 Interest rate cap Interest Expense — (626 ) N/A Interest rate cap Earnings from equity investments (13 ) (1 ) N/A Interest rate swaps Interest Expense (537 ) 170 N/A Interest rate swap Earnings from equity method investments (528 ) (464 ) N/A Foreign exchange contracts Earnings from equity method investments (124 ) — N/A For the Year Ended December 31, 2014 Interest rate cap Interest Expense — (56 ) N/A Interest rate cap Other Expense (2,984 ) — (3,634 ) Interest rate cap Earnings from equity method investments (9 ) — N/A Interest rate swaps Interest Expense (970 ) (6 ) N/A Interest rate swap Earnings from equity method investments (753 ) (420 ) N/A Foreign exchange contracts Earnings from equity method investments (471 ) — N/A Amount of Gain or (Loss) Recognized in Income Location of Gain or (Loss) Recognized in Income For the Years Ended December 31, Derivatives not Designated in Hedging Relationships 2016 2015 2014 Interest rate cap Other Expense $ (1,080 ) $ (3,671 ) $ (1,347 ) Foreign exchange contracts Other Expense 1,115 2,403 7,257
Schedule of notional amounts of outstanding derivative positions	As of December 31, 2016 , the Company had the following outstanding interest rate swap that was used to hedge its variable rate debt that was designated as a cash flow hedge ($ in thousands): Derivative Type Notional Amount Variable Rate Fixed Rate Effective Date Maturity Interest rate swap $ 26,396 LIBOR + 2.00% 3.47% October 2012 November 2019 As of December 31, 2016 , the Company had the following outstanding foreign currency derivatives that were used to hedge its net investments in foreign operations that were designated (Rs and $ in thousands): Derivative Type Notional Amount Notional (USD Equivalent) Maturity Sells Indian rupee ("INR")/Buys USD Forward ₨ 350,000 $ 5,089 April 2017 As of December 31, 2016 , the Company had the following outstanding foreign currency derivatives that were used to hedge its net investments in foreign operations that were not designated ($, €, and £ in thousands): Derivative Type Notional Amount Notional (USD Equivalent) Maturity Sells euro ("EUR")/Buys USD Forward € 6,300 $ 7,095 January 2017 Sells pound sterling ("GBP")/Buys USD Forward £ 3,400 $ 4,427 January 2017 As of December 31, 2016 , the Company had the following outstanding interest rate cap that was used to hedge its variable rate debt that was not designated as a cash flow hedge ($ in thousands): Derivative Type Notional Amount Variable Rate Fixed Rate Effective Date Maturity Interest rate cap $ 500,000 LIBOR 1.00% July 2014 July 2017

Equity (Tables)

Equity (Tables)	12 Months Ended
	Dec. 31, 2016
Equity [Abstract]
Schedule of cumulative redeemable and convertible perpetual preferred stock outstanding	Preferred Stock —The Company had the following series of Cumulative Redeemable and Convertible Perpetual Preferred Stock outstanding as of December 31, 2016 and 2015 : Cumulative Preferential Cash Dividends (1)(2) Series Shares Issued and Outstanding (in thousands) Par Value Liquidation Preference (3)(4) Rate per Annum Equivalent to Fixed Annual Rate (per share) D 4,000 $ 0.001 $ 25.00 8.00 % $ 2.00 E 5,600 0.001 25.00 7.875 % 1.97 F 4,000 0.001 25.00 7.80 % 1.95 G 3,200 0.001 25.00 7.65 % 1.91 I 5,000 0.001 25.00 7.50 % 1.88 J (convertible) 4,000 0.001 50.00 4.50 % 2.25 25,800 _______________________________________________________________________________ (1) Holders of shares of the Series D, E, F, G, I and J preferred stock are entitled to receive dividends, when and as declared by the Company's Board of Directors, out of funds legally available for the payment of dividends. Dividends are cumulative from the date of original issue and are payable quarterly in arrears on or before the 15th day of each March, June, September and December or, if not a business day, the next succeeding business day. Any dividend payable on the preferred stock for any partial dividend period will be computed on the basis of a 360 -day year consisting of twelve 30 -day months. Dividends will be payable to holders of record as of the close of business on the first day of the calendar month in which the applicable dividend payment date falls or on another date designated by the Company's Board of Directors for the payment of dividends that is not more than 30 nor less than 10 days prior to the dividend payment date. (2) The Company declared and paid dividends of $8.0 million , $11.0 million , $7.8 million , $6.1 million and $9.4 million on its Series D, E, F, G and I Cumulative Redeemable Preferred Stock during the years ended December 31, 2016 and 2015 . The Company declared and paid dividends of $9.0 million on its Series J Convertible Perpetual Preferred Stock during the years ended December 31, 2016 and 2015 , respectively. The character of the 2016 dividends are as follows: 47.30% is a capital gain distribution, of which 76.15% represents unrecaptured section 1250 gain and 23.85% long term capital gain, and 52.70% is ordinary income. All 2015 dividends qualified as a return of capital for tax reporting purposes. There are no dividend arrearages on any of the preferred shares currently outstanding. (3) The Company may, at its option, redeem the Series D, E, F, G, and I Preferred Stock, in whole or in part, at any time and from time to time, for cash at a redemption price equal to 100% of the liquidation preference of $25.00 per share, plus accrued and unpaid dividends, if any, to the redemption date. (4) Each share of the Series J Preferred Stock is convertible at the holder's option at any time, initially into 3.9087 shares of the Company's common stock (equal to an initial conversion price of approximately $12.79 per share), subject to specified adjustments. The Company may not redeem the Series J Preferred Stock prior to March 15, 2018. On or after March 15, 2018, the Company may, at its option, redeem the Series J Preferred Stock, in whole or in part, at any time and from time to time, for cash at a redemption price equal to 100% of the liquidation preference of $50.00 per share, plus accrued and unpaid dividends, if any, to the redemption date.
Accumulated other comprehensive income (loss) reflected in the Company's shareholders' equity	Accumulated Other Comprehensive Income (Loss) —"Accumulated other comprehensive income (loss)" reflected in the Company's shareholders' equity is comprised of the following ($ in thousands): As of December 31, 2016 2015 Unrealized gains (losses) on available-for-sale securities $ 149 $ (125 ) Unrealized gains (losses) on cash flow hedges 27 (690 ) Unrealized losses on cumulative translation adjustment (4,394 ) (4,036 ) Accumulated other comprehensive income (loss) $ (4,218 ) $ (4,851 )

Stock-Based Compensation Plan43

Stock-Based Compensation Plans and Employee Benefits (Tables)	12 Months Ended
	Dec. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Schedule of changes in non-vested restricted stock units	Changes in non-vested restricted stock units ("Units") during the year ended December 31, 2016 were as follows (number of shares and $ in thousands, except per share amounts): Number of Shares Weighted Average Grant Date Fair Value Per Share Aggregate Intrinsic Value Non-vested as of December 31, 2015 426 $ 12.90 $ 4,991 Granted 223 $ 10.11 Vested (277 ) $ 10.91 Forfeited (82 ) $ 17.49 Non-vested as of December 31, 2016 290 $ 11.33 $ 3,578

Earnings Per Share (Tables)

Earnings Per Share (Tables)	12 Months Ended
	Dec. 31, 2016
Earnings Per Share [Abstract]
Reconciliation of income (loss) from continuing operations used in the basic and diluted EPS calculations	The following table presents a reconciliation of income (loss) from operations used in the basic and diluted EPS calculations ($ in thousands, except for per share data): For the Years Ended December 31, 2016 2015 2014 Income (loss) from operations $ (5,114 ) $ (99,973 ) $ (74,178 ) Income from sales of real estate 105,296 93,816 89,943 Net (income) loss attributable to noncontrolling interests (4,876 ) 3,722 704 Preferred dividends (51,320 ) (51,320 ) (51,320 ) Income (loss) from operations attributable to iStar Inc. and allocable to common shareholders, HPU holders and Participating Security Holders for basic earnings per common share (1) $ 43,986 $ (53,755 ) $ (34,851 ) Add: Effect of joint venture shares 7 — — Add: Effect of 1.50% senior convertible unsecured notes 3,907 — — Add: Effect of 3.00% senior convertible unsecured notes 6,239 — — Income (loss) from operations attributable to iStar Inc. and allocable to common shareholders, HPU holders and Participating Security Holders for diluted earnings per common share (1) $ 54,139 $ (53,755 ) $ (34,851 ) _______________________________________________________________________________ (1) For the year ended December 31, 2016, includes income from operations allocable to Participating Security Holders of $14 and $13 on a basic and dilutive basis.
Schedule of earnings per share allocable to common shares and HPU shares	For the Years Ended December 31, 2016 2015 2014 Earnings allocable to common shares: Numerator for basic earnings per share: Income (loss) from operations attributable to iStar Inc. and allocable to common shareholders $ 43,972 $ (52,675 ) $ (33,722 ) Net income (loss) attributable to iStar Inc. and allocable to common shareholders $ 43,972 $ (52,675 ) $ (33,722 ) Numerator for diluted earnings per share: Income (loss) from operations attributable to iStar Inc. and allocable to common shareholders $ 54,126 $ (52,675 ) $ (33,722 ) Net income (loss) attributable to iStar Inc. and allocable to common shareholders $ 54,126 $ (52,675 ) $ (33,722 ) Denominator for basic and diluted earnings per share: Weighted average common shares outstanding for basic earnings per common share 73,453 84,987 85,031 Add: Effect of assumed shares issued under treasury stock method or restricted stock units 84 — — Add: Effect of joint venture shares 298 — — Add: Effect of 1.50% senior convertible unsecured notes 9,868 — — Add: Effect of 3.00% senior convertible unsecured notes 14,764 — — Weighted average common shares outstanding for diluted earnings per common share 98,467 84,987 85,031 Basic earnings per common share: Income (loss) from operations attributable to iStar Inc. and allocable to common shareholders $ 0.60 $ (0.62 ) $ (0.40 ) Net income (loss) attributable to iStar Inc. and allocable to common shareholders $ 0.60 $ (0.62 ) $ (0.40 ) Diluted earnings per common share: Income (loss) from operations attributable to iStar Inc. and allocable to common shareholders $ 0.55 $ (0.62 ) $ (0.40 ) Net income (loss) attributable to iStar Inc. and allocable to common shareholders $ 0.55 $ (0.62 ) $ (0.40 ) For the Years Ended December 31, 2016 2015 2014 Earnings allocable to HPUs (1) : Numerator for basic and diluted earnings per HPU share: Net income (loss) attributable to iStar Inc. and allocable to HPU holders $ — $ (1,080 ) $ (1,129 ) Denominator for basic and diluted earnings per HPU share: Weighted average HPUs outstanding for basic and diluted earnings per share — 9 15 Basic and diluted earnings per HPU share: Net income (loss) attributable to iStar Inc. and allocable to HPU holders $ — $ (120.00 ) $ (75.27 ) _______________________________________________________________________________ (1) All of the Company's outstanding HPUs were repurchased and retired on August 13, 2015 (refer to Note 13).
Schedule of anti-dilutive shares	For the years ended December 31, 2016 , 2015 and 2014 , the following shares were not included in the diluted EPS calculation because they were anti-dilutive (in thousands): For the Years Ended December 31, 2016 (1) 2015 (1) 2014 (1) Joint venture shares — 298 298 3.00% convertible senior unsecured notes — 16,992 16,992 Series J convertible perpetual preferred stock 15,635 15,635 15,635 1.50% convertible senior unsecured notes — 11,567 11,567 _______________________________________________________________________________ (1) For the years ended December 31, 2015 and 2014 , the effect of the Company's unvested Units, market-based Units and CSEs were anti-dilutive. (2) For the year ended December 31, 2016, the effect of 16 and 125 unvested time and market-based Units, respectively, were anti-dilutive.

Fair Values (Tables)

Fair Values (Tables)	12 Months Ended
	Dec. 31, 2016
Fair Value Disclosures [Abstract]
Schedule of assets and liabilities recorded at fair value on a recurring and non-recurring basis	The following fair value hierarchy table summarizes the Company's assets and liabilities recorded at fair value on a recurring and non-recurring basis by the above categories ($ in thousands): Fair Value Using Total Quoted market prices in active markets (Level 1) Significant other observable inputs (Level 2) Significant unobservable inputs (Level 3) As of December 31, 2016 Recurring basis: Derivative assets (1) $ 727 $ — $ 727 $ — Derivative liabilities (1) 47 — 47 — Available-for-sale securities (1) 21,666 — — 21,666 Non-recurring basis: Impaired loans (2) 7,200 — — 7,200 Impaired real estate (3) 3,063 — — 3,063 As of December 31, 2015 Recurring basis: Derivative assets (1) $ 1,522 $ — $ 1,522 $ — Derivative liabilities (1) 131 — 131 — Available-for-sale securities (1) 1,161 — — 1,161 Non-recurring basis: Impaired loans (4) 3,200 — — 3,200 _______________________________________________________________________________ (1) The fair value of the Company's derivatives are based upon widely accepted valuation techniques utilized by a third-party specialist using observable inputs such as interest rates and contractual cash flow and are classified as Level 2. The fair value of the Company's available-for-sale securities are based upon unadjusted third-party broker quotes and are classified as Level 3. (2) The Company recorded a provision for loan losses on one loan with a fair value of $5.2 million using an appraisal based on market comparable sales. In addition, the Company recorded a recovery of loan losses on one loan with a fair value of $2.0 million based on proceeds to be received. (3) The Company recorded an impairment on one real estate asset with a fair value of $3.1 million based on a discount rate of 11% using discounted cash flows over a two year sellout period. (4) The Company recorded a provision for loan losses on one loan with a fair value of $3.2 million based on a discounted cash flow analysis using a discount rate of 14% .
Summary of changes in Level 3 available-for-sale securities reported at fair value	The following table summarizes changes in Level 3 available-for-sale securities reported at fair value on the Company's consolidated balance sheets for the years ended December 31, 2016 and 2015 ($ in thousands): 2016 2015 Beginning balance $ 1,161 $ 1,167 Purchases 20,240 — Repayments (10 ) (10 ) Unrealized gains recorded in other comprehensive income 275 4 Ending balance $ 21,666 $ 1,161

Segment Reporting (Tables)

Segment Reporting (Tables)	12 Months Ended
	Dec. 31, 2016
Segment Reporting [Abstract]
Schedule of financial measures for each segment based on which performance is evaluated	The Company evaluates performance based on the following financial measures for each segment. The Company's segment information is as follows ($ in thousands): Real Estate Finance Net Lease Operating Properties Land and Development Corporate/Other (1) Company Total Year Ended December 31, 2016 Operating lease income $ — $ 148,002 $ 64,593 $ 423 $ — $ 213,018 Interest income 129,153 — — — — 129,153 Other income 4,658 1,633 33,216 3,170 3,838 46,515 Land development revenue — — — 88,340 — 88,340 Earnings (loss) from equity method investments — 3,567 33,863 30,012 9,907 77,349 Income from sales of real estate — 21,138 75,357 8,801 — 105,296 Total revenue and other earnings 133,811 174,340 207,029 130,746 13,745 659,671 Real estate expense — (19,058 ) (82,401 ) (36,963 ) — (138,422 ) Land development cost of sales — — — (62,007 ) — (62,007 ) Other expense (2,719 ) — — — (3,164 ) (5,883 ) Allocated interest expense (57,787 ) (65,880 ) (23,156 ) (34,888 ) (39,687 ) (221,398 ) Allocated general and administrative (2) (15,311 ) (17,585 ) (6,574 ) (13,693 ) (19,975 ) (73,138 ) Segment profit (loss) (3) $ 57,994 $ 71,817 $ 94,898 $ (16,805 ) $ (49,081 ) $ 158,823 Other significant non-cash items: Recovery of loan losses $ (12,514 ) $ — $ — $ — $ — $ (12,514 ) Impairment of assets — 4,829 5,855 3,800 — 14,484 Depreciation and amortization — 34,049 17,887 1,296 1,097 54,329 Capitalized expenditures — 3,667 56,784 109,548 — 169,999 Real Estate Finance Net Lease Operating Properties Land and Development Corporate/Other (1) Company Total Year Ended December 31, 2015 Operating lease income $ — $ 151,481 $ 77,454 $ 785 $ — $ 229,720 Interest income 134,687 — — — — 134,687 Other income 9,737 357 34,637 1,219 3,981 49,931 Land development revenue — — — 100,216 — 100,216 Earnings (loss) from equity method investments — 5,221 1,663 16,683 8,586 32,153 Income from sales of real estate — 40,082 53,734 — — 93,816 Total revenue and other earnings 144,424 197,141 167,488 118,903 12,567 640,523 Real estate expense — (21,855 ) (95,888 ) (29,007 ) — (146,750 ) Land development cost of sales — — — (67,382 ) — (67,382 ) Other expense (2,291 ) — — — (4,083 ) (6,374 ) Allocated interest expense (57,109 ) (66,504 ) (28,014 ) (32,087 ) (40,925 ) (224,639 ) Allocated general and administrative (2) (13,128 ) (15,569 ) (6,988 ) (11,488 ) (22,091 ) (69,264 ) Segment profit (loss) (3) $ 71,896 $ 93,213 $ 36,598 $ (21,061 ) $ (54,532 ) $ 126,114 Other significant non-cash items: Provision for loan losses $ 36,567 $ — $ — $ — $ — $ 36,567 Impairment of assets — — 5,935 4,589 — 10,524 Depreciation and amortization — 38,138 24,548 1,422 1,139 65,247 Capitalized expenditures — 4,195 84,103 94,971 — 183,269 Real Estate Finance Net Lease Operating Properties Land and Development Corporate/Other (1) Company Total Year Ended December 31, 2014 Operating lease income $ — $ 151,934 $ 90,331 $ 835 $ — $ 243,100 Interest income 122,704 — — — — 122,704 Other income 21,217 4,437 42,000 3,327 10,052 81,033 Land development revenue — — — 15,191 — 15,191 Earnings (loss) from equity method investments — 3,260 1,669 14,966 75,010 94,905 Income from sales of real estate — 6,206 83,737 — — 89,943 Total revenue and other earnings 143,921 165,837 217,737 34,319 85,062 646,876 Real estate expense — (22,967 ) (113,504 ) (26,918 ) — (163,389 ) Land development cost of sales — — — (12,840 ) — (12,840 ) Other expense (243 ) — — — (6,097 ) (6,340 ) Allocated interest expense (5) (58,043 ) (72,089 ) (39,535 ) (29,432 ) (25,384 ) (224,483 ) Allocated general and administrative (2) (13,211 ) (16,603 ) (9,608 ) (13,062 ) (22,489 ) (74,973 ) Segment profit (loss) (3) $ 72,424 $ 54,178 $ 55,090 $ (47,933 ) $ 31,092 $ 164,851 Other significant non-cash items: Recovery of loan losses $ (1,714 ) $ — $ — $ — $ — $ (1,714 ) Impairment of assets (5) — 3,689 8,131 22,814 — 34,634 Depreciation and amortization (5) — 38,841 32,142 1,440 1,148 73,571 Capitalized expenditures — 3,933 61,186 80,119 — 145,238 Real Estate Finance Net Lease Operating Properties Land and Development Corporate/Other (1) Company Total As of December 31, 2016 Real estate Real estate, net $ — $ 1,015,590 $ 476,162 $ — $ — $ 1,491,752 Real estate available and held for sale — 1,284 82,480 — — 83,764 Total real estate — 1,016,874 558,642 — — 1,575,516 Land and development, net — — — 945,565 — 945,565 Loans receivable and other lending investments, net 1,450,439 — — — — 1,450,439 Other investments — 92,669 3,583 84,804 33,350 214,406 Total portfolio assets $ 1,450,439 $ 1,109,543 $ 562,225 $ 1,030,369 $ 33,350 4,185,926 Cash and other assets 639,588 Total assets $ 4,825,514 As of December 31, 2015 Real estate Real estate, net $ — $ 1,112,479 $ 481,504 $ — $ — $ 1,593,983 Real estate available and held for sale — — 137,274 — — 137,274 Total real estate — 1,112,479 618,778 — — 1,731,257 Land and development, net — — — 1,001,963 — 1,001,963 Loans receivable and other lending investments, net 1,601,985 — — — — 1,601,985 Other investments — 69,096 11,124 100,419 73,533 254,172 Total portfolio assets $ 1,601,985 $ 1,181,575 $ 629,902 $ 1,102,382 $ 73,533 4,589,377 Cash and other assets 1,008,415 Total assets $ 5,597,792 _______________________________________________________________________________ (1) Corporate/Other represents all corporate level and unallocated items including any intercompany eliminations necessary to reconcile to consolidated Company totals. This caption also includes the Company's joint venture investments and strategic investments that are not included in the other reportable segments above. (2) General and administrative excludes stock-based compensation expense of $10.9 million , $12.0 million and $13.3 million for the years ended December 31, 2016 , 2015 and 2014 , respectively. (3) The following is a reconciliation of segment profit to net income (loss) ($ in thousands): For the Years Ended December 31, 2016 2015 2014 Segment profit $ 158,823 $ 126,114 $ 164,851 Less: Recovery of (provision for) loan losses 12,514 (36,567 ) 1,714 Less: Impairment of assets (14,484 ) (10,524 ) (34,634 ) Less: Depreciation and amortization (54,329 ) (65,247 ) (73,571 ) Less: Stock-based compensation expense (10,889 ) (12,013 ) (13,314 ) Less: Income tax benefit (expense) 10,166 (7,639 ) (3,912 ) Less: Loss on early extinguishment of debt, net (1,619 ) (281 ) (25,369 ) Net income (loss) $ 100,182 $ (6,157 ) $ 15,765
Reconciliation of segment profit to income (loss) from continuing operations	The following is a reconciliation of segment profit to net income (loss) ($ in thousands): For the Years Ended December 31, 2016 2015 2014 Segment profit $ 158,823 $ 126,114 $ 164,851 Less: Recovery of (provision for) loan losses 12,514 (36,567 ) 1,714 Less: Impairment of assets (14,484 ) (10,524 ) (34,634 ) Less: Depreciation and amortization (54,329 ) (65,247 ) (73,571 ) Less: Stock-based compensation expense (10,889 ) (12,013 ) (13,314 ) Less: Income tax benefit (expense) 10,166 (7,639 ) (3,912 ) Less: Loss on early extinguishment of debt, net (1,619 ) (281 ) (25,369 ) Net income (loss) $ 100,182 $ (6,157 ) $ 15,765

Quarterly Financial Informati47

Quarterly Financial Information (Unaudited) (Tables)	12 Months Ended
	Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]
Schedule of quarterly financial information	The following table sets forth the selected quarterly financial data for the Company ($ in thousands, except per share amounts). For the Quarters Ended December 31, September 30, June 30, March 31, 2016: Revenue $ 106,811 $ 128,668 $ 126,903 $ 114,644 Net income (loss) $ (8,461 ) $ 58,155 $ 59,787 $ (9,299 ) Earnings per common share data (1) : Net income (loss) attributable to iStar Inc. Basic (2) $ (19,252 ) $ 46,292 $ 38,112 $ (21,187 ) Diluted (2) $ (19,252 ) $ 51,453 $ 43,293 $ (21,187 ) Earnings per share Basic $ (0.27 ) $ 0.65 $ 0.52 $ (0.27 ) Diluted $ (0.27 ) $ 0.44 $ 0.37 $ (0.27 ) Weighted average number of common shares Basic 71,603 71,210 73,984 77,060 Diluted 71,603 115,666 118,510 77,060 2015: Revenue $ 172,025 $ 120,487 $ 109,185 $ 112,857 Net income (loss) $ 19,974 $ 5,958 $ (19,776 ) $ (12,313 ) Earnings per common share data (1) : Net income (loss) attributable to iStar Inc. Basic (3) $ 7,685 $ (6,072 ) $ (30,950 ) $ (22,553 ) Diluted (3) $ 7,684 $ (6,072 ) $ (30,950 ) $ (22,553 ) Earnings per share Basic $ 0.09 $ (0.07 ) $ (0.36 ) $ (0.26 ) Diluted $ 0.09 $ (0.07 ) $ (0.36 ) $ (0.26 ) Weighted average number of common shares Basic 83,162 85,766 85,541 85,497 Diluted 83,581 85,766 85,541 85,497 Earnings per HPU share data (1)(4) : Net income (loss) attributable to iStar Inc. Basic and diluted $ — $ (94 ) $ (1,027 ) $ (749 ) Earnings per share Basic and diluted $ — $ (13.41 ) $ (68.47 ) $ (49.93 ) Weighted average number of HPU shares—basic and diluted — 7 15 15 _______________________________________________________________________________ (1) Basic and diluted EPS are computed independently based on the weighted-average shares of common stock and stock equivalents outstanding for each period. Accordingly, the sum of the quarterly EPS amounts may not agree to the total for the year. (2) For the quarter ended June 30, 2016 includes net income attributable to iStar Inc. and allocable to Participating Security Holders of $20 and $14 on a basic and dilutive basis, respectively. (3) For the quarter ended December 31, 2015 includes net income attributable to iStar Inc. and allocable to Participating Security Holders of $5 and $5 on a basic and dilutive basis, respectively. (4) All of the Company's outstanding HPUs were repurchased and retired on August 13, 2015 (refer to Note 13).

Basis of Presentation and Pri48

Basis of Presentation and Principles of Consolidation (Details) $ in Millions	Dec. 31, 2016USD ($)
Consolidated VIEs
Total revenues and total expenses related to consolidated VIEs
Variable interest entity, consolidated, carrying amount, assets	$ 450.3
Variable interest entity, consolidated, carrying amount, liabilities	82.1
Unconsolidated VIEs
Total revenues and total expenses related to consolidated VIEs
Carrying value of the investments	47.2
Variable interest entity unfunded commitment	$ 57.5

Business and Organization (Deta

Business and Organization (Details) $ in Billions	Dec. 31, 2016USD ($)
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Investment across a range of real estate sectors over the past two decades (more than $35 billion)	$ 35

Summary of Significant Accoun50

Summary of Significant Accounting Policies (Real Estate and Land Development) (Details)	12 Months Ended
	Dec. 31, 2016
Building
Property, Plant and Equipment [Line Items]
Useful life	40 years
Furniture and Equipment
Property, Plant and Equipment [Line Items]
Useful life	5 years

Summary of Significant Accoun51

Summary of Significant Accounting Policies (Revenue Recognition) (Details) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Real Estate Tenant Receivables
Financing Receivable, Impaired [Line Items]
Allowance for doubtful accounts receivable	$ 1.3	$ 1.9
Deferred Operating Lease
Financing Receivable, Impaired [Line Items]
Allowance for doubtful accounts receivable	$ 1.3	$ 1.5

Summary of Significant Accoun52

Summary of Significant Accounting Policies (Income Taxes) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Entity Information [Line Items]
Assets with foreclosure elections	$ 578,100
Operating loss carryforwards		$ 902,900
Total income tax (expense) benefit	10,166	(7,639)	$ (3,912)
Provision adjustment	2,800
Taxable REIT Subsidiaries
Entity Information [Line Items]
Operating loss carryforwards	15,600	3,200
Assets owned taxable subsidiaries	603,900
Current tax benefit (expense)	9,751	(7,639)	(3,912)
Deferred tax benefit (expense)	0	0	0
Total income tax (expense) benefit	9,751	(7,639)	(3,912)
REIT income tax benefit	400
Income (loss) of subsidiaries	(49,400)	17,000	19,300
Income taxes paid	200	8,400	$ 1,300
Deferred tax assets	66,498	53,910
Valuation allowance	(66,498)	(53,910)
Net deferred tax assets (liabilities)	0	0
Real estate asset basis differences	29,700	40,000
Other credits	3,300
Deferred expenses and other items	$ 17,900	$ 10,700

Real Estate (Schedule of Real E

Real Estate (Schedule of Real Estate Assets) (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Real Estate Properties [Line Items]
Real estate, net	$ 1,491,752	$ 1,593,983
Real estate available and held for sale	83,764	137,274
Total real estate	1,575,516	1,731,257
Net Lease
Real Estate Properties [Line Items]
Land, at cost	272,666	306,172
Buildings and improvements, at cost	1,111,589	1,183,723
Less: accumulated depreciation	(368,665)	(377,416)
Real estate, net	1,015,590	1,112,479
Real estate available and held for sale	1,284	0
Total real estate	1,016,874	1,112,479
Operating Properties
Real Estate Properties [Line Items]
Land, at cost	211,054	133,275
Buildings and improvements, at cost	311,283	427,371
Less: accumulated depreciation	(46,175)	(79,142)
Real estate, net	476,162	481,504
Real estate available and held for sale	82,480	137,274
Total real estate	558,642	618,778
Real Estate Properties
Real Estate Properties [Line Items]
Land, at cost	483,720	439,447
Buildings and improvements, at cost	1,422,872	1,611,094
Less: accumulated depreciation	(414,840)	(456,558)
Real estate, net	1,491,752	1,593,983
Real estate available and held for sale	83,764	137,274
Total real estate	1,575,516	1,731,257
Residential Operating Properties
Real Estate Properties [Line Items]
Real estate available and held for sale	$ 82,500	$ 137,300

Real Estate (Real Estate Availa

Real Estate (Real Estate Available and Held for Sale) (Details) $ in Millions	12 Months Ended
	Dec. 31, 2016USD ($)lease_asset	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)
Real Estate Properties [Line Items]
Property transferred to held for sale, aggregate, carrying value		$ 8.2
Commercial Operating Properties
Real Estate Properties [Line Items]
Property transferred to held for sale, aggregate, carrying value	$ 16.1
Property transferred from held for sale, aggregate, carrying value		$ 2.9
Residential Operating Properties
Real Estate Properties [Line Items]
Property transferred to held for sale, aggregate, carrying value	$ 1.8
Number of residential units | lease_asset	2
Condominium Units
Real Estate Properties [Line Items]
Property transferred to held for sale, aggregate, carrying value			$ 56.7
Net Lease
Real Estate Properties [Line Items]
Property transferred to held for sale, aggregate, carrying value	$ 1.8		$ 4

Real Estate (Acquisitions) (Det

Real Estate (Acquisitions) (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2016USD ($)lease_assetproperty	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)property
Real Estate Properties [Line Items]
Number of net lease assets acquired | lease_asset	1
Acquisitions of real estate assets	$ 38,433	$ 0	$ 4,666
Payments for land and funded tenant improvements	$ 3,900
Number of properties acquired | property	2
Business combination, pro forma information, revenue of acquiree since acquisition date, actual			8,300
Business combination, pro forma information, loss of acquiree since acquisition date, actual			(2,900)
Net Lease Asset
Real Estate Properties [Line Items]
Acquisitions of real estate assets	$ 32,700
Operating leases, term	99 years
Real Estate Acquired in Satisfaction of Debt
Real Estate Properties [Line Items]
Fair value of assets acquired		$ 13,400
Real Estate Acquired in Satisfaction of Debt | Commercial Operating Properties
Real Estate Properties [Line Items]
Fair value of assets acquired			$ 72,400
Number of properties acquired | property			3

Real Estate (Pro Forma Financia

Real Estate (Pro Forma Financial Information) (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2014USD ($)
Real Estate [Abstract]
Pro forma total revenues	$ 466,327
Pro forma net income	$ 15,351

Real Estate (Dispositions) (Det

Real Estate (Dispositions) (Details) $ in Thousands	1 Months Ended		12 Months Ended
	Dec. 31, 2016USD ($)	Dec. 31, 2015USD ($)	Dec. 31, 2016USD ($)	Dec. 31, 2015USD ($)property	Dec. 31, 2014USD ($)	Feb. 28, 2014
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Income from sales of real estate			$ 105,296	$ 93,816	$ 89,943
Other finite-lived intangible assets	$ 32,800		$ 32,800
Noncontrolling interest, ownership percentage by parent	95.70%		95.70%
Condominium Units
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from sale of other real estate			$ 97,800	127,900	236,200
Income from sales of real estate			26,100	40,100	79,100
Net Lease Asset Two
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Income from sales of real estate			21,100	40,100	6,200
Net proceeds from sales of real estate			117,200	100,800	127,200
Operating Properties
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Property sold, aggregate, carrying value				126,300
Income from sales of real estate					4,600
Net proceeds from sales of real estate				$ 93,500	34,200
Operating leases, term				99 years
Other finite-lived intangible assets		$ 32,800		$ 32,800
Payments for repurchase of redeemable noncontrolling interest		$ 6,400
Number of real estate properties sold | property				3
Operating Properties | RCC
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Income from sales of real estate			49,300	$ 13,600
Sales price of real estate held for investment			$ 229,100	$ 68,500
iStar's ownership percentage		50.00%		50.00%
Net Lease | iStar Net Lease I LLC
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
iStar's ownership percentage						51.90%
Net proceeds from sales of real estate					$ 10,100
Noncontrolling interest, ownership percentage by parent					72.00%
Transfer mortgage payable					$ 26,000
Operating Properties
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Property sold, aggregate, carrying value				$ 5,000
Operating Properties | RCC
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Income from sales of real estate	$ 8,800			13,600
Sales price of real estate held for investment	$ 36,000			$ 68,500
iStar's ownership percentage	50.00%	50.00%	50.00%	50.00%
Net Lease Asset One | iStar Net Lease I LLC
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Net proceeds from sales of real estate					$ 93,700

Real Estate (Impairments) (Deta

Real Estate (Impairments) (Details) $ in Millions	12 Months Ended
	Dec. 31, 2016USD ($)	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)property
Property, Plant and Equipment [Line Items]
Impairment of real estate | $	$ 10.7	$ 5.9	$ 11.8
Real Estate Properties
Property, Plant and Equipment [Line Items]
Number of properties impaired | property			2

Real Estate (Tenant Reimburseme

Real Estate (Tenant Reimbursements) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Real Estate [Abstract]
Tenant reimbursements	$ 24.3	$ 26.8	$ 30

Real Estate (Allowance for doub

Real Estate (Allowance for doubtful accounts) (Details) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Real Estate Tenant Receivables
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for doubtful accounts receivable	$ 1.3	$ 1.9
Deferred Operating Lease
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for doubtful accounts receivable	$ 1.3	$ 1.5

Real Estate (Future Minimum Ope

Real Estate (Future Minimum Operating Lease Payments (Details) $ in Thousands	Dec. 31, 2016USD ($)
Net Lease
Real Estate Properties [Line Items]
2,017	$ 120,055
2,018	123,005
2,019	123,567
2,020	123,059
2,021	123,063
Operating Properties
Real Estate Properties [Line Items]
2,017	36,580
2,018	34,535
2,019	30,805
2,020	28,225
2,021	$ 26,794

Land and Development (Schedule

Land and Development (Schedule of Land and Development Assets) (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Real Estate Properties [Line Items]
Total land and development, net	$ 945,565	$ 1,001,963
Land
Real Estate Properties [Line Items]
Land and land development, at cost	952,051	1,007,995
Less: accumulated depreciation	(6,486)	(6,032)
Total land and development, net	$ 945,565	$ 1,001,963

Land and Development (Additiona

Land and Development (Additional Information) (Details)	12 Months Ended
	Dec. 31, 2016USD ($)real_estate_asset	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)	Apr. 30, 2015USD ($)
Real Estate Properties [Line Items]
Increase in ownership percentage	10.70%
Payment to redeem a noncontrolling interest	$ 10,800,000	$ 6,400,000
Noncontrolling interest, ownership percentage by parent	95.70%
Land development revenue	$ 88,340,000	100,216,000	$ 15,191,000
Land development cost of sales	62,007,000	67,382,000	12,840,000
Income from sales of real estate	105,296,000	93,816,000	89,943,000
Impairment of land and development assets	3,800,000	4,600,000	22,800,000
Redeemable noncontrolling interests	5,031,000	10,718,000
Redemption value	$ 0	9,200,000
Newly Formed Unconsolidated Entity
Real Estate Properties [Line Items]
iStar's ownership percentage	50.00%
Income from sales of real estate	$ 8,800,000
Real Estate Equity Investment Three
Real Estate Properties [Line Items]
Property sold, aggregate, carrying value			6,800,000
Real Estate Acquired in Satisfaction of Debt
Real Estate Properties [Line Items]
Fair value of assets acquired		13,400,000
Land
Real Estate Properties [Line Items]
Purchase price				$ 16,100,000
Deferred revenue				$ 5,300,000
Land | Real Estate Equity Investment Three
Real Estate Properties [Line Items]
Property contributed, aggregate carrying value			9,500,000
Land | Real Estate Acquired in Satisfaction of Debt
Real Estate Properties [Line Items]
Number of real estate properties acquired | real_estate_asset	2
Fair value of assets acquired	$ 40,600,000		$ 5,500,000
Not Currently Redeemable
Real Estate Properties [Line Items]
Redeemable noncontrolling interests	$ 1,300,000	$ 7,200,000

Loans Receivable and Other Le64

Loans Receivable and Other Lending Investments, net (Schedule of Loans Receivable) (Details) - USD ($) $ in Thousands	1 Months Ended	12 Months Ended
	Jun. 30, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Oct. 31, 2015
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross carrying value of loans		$ 1,456,068	$ 1,647,861
Reserves for loan losses		(85,545)	(108,165)
Total loans receivable, net		1,370,523	1,539,696
Other lending investments—securities		79,916	62,289
Total loans receivable and other lending investments, net		1,450,439	1,601,985
Interest receivable		6,900	9,000
(Recovery of) provision for loan losses		(12,514)	36,567	$ (1,714)
Carrying value of loans sold			5,500	30,800
Realized investment gains (losses)				$ 19,100
Loan 1
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross carrying value of loans	$ 196,600
Total loans receivable, net	24,000				$ 24,000
(Recovery of) provision for loan losses	25,900
Loans Receivable One
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross carrying value of loans	146,700
Fair value reduction	$ 49,900
Senior mortgages
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross carrying value of loans		940,738	975,915
Corporate/Partnership loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross carrying value of loans		490,389	643,270
Subordinate mortgages
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross carrying value of loans		$ 24,941	$ 28,676

Loans Receivable and Other Le65

Loans Receivable and Other Lending Investments, net (Reserve for Loan Losses) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Allowance for Loan Losses [Roll Forward]
Provision for (recovery of) loan losses	$ (8,296)	$ 37,616	$ (5,886)
Charge-offs	(18,370)	(28,513)	(281,285)
Recoveries of previously recorded loan loss reserves	13,700	600	10,100
Loans Receivable Allowance
Allowance for Loan Losses [Roll Forward]
Reserve for loan losses at beginning of period	108,165	98,490	377,204
Provision for (recovery of) loan losses	(12,514)	36,567	(1,714)
Charge-offs	(10,106)	(26,892)	(277,000)
Reserve for loan losses at end of period	$ 85,545	$ 108,165	$ 98,490

Loans Receivable and Other Le66

Loans Receivable and Other Lending Investments, net (Schedule of Investment in Loans) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Recorded investment (comprised of a loans carrying value plus accrued interest) in loans and the associated reserve for loan losses
Financing receivable, gross	$ 1,463,003	$ 1,656,839
Individually evaluated for impairment, reserves for loan losses	(85,545)	(108,165)
Total	1,377,458	1,548,674
Individually evaluated for impairment, net discount	(400)	(200)
Collectively evaluated for impairment, net discount	1,900	(8,200)
Interest receivable	6,900	9,000
Other lending investments—securities	79,916	62,289
Individually Evaluated for Impairment
Recorded investment (comprised of a loans carrying value plus accrued interest) in loans and the associated reserve for loan losses
Financing receivable, gross	253,941	132,492
Individually evaluated for impairment, reserves for loan losses	(62,245)	(72,165)
Total	191,696	60,327
Individually Evaluated for Impairment | Nonperforming Financial Instruments
Recorded investment (comprised of a loans carrying value plus accrued interest) in loans and the associated reserve for loan losses
Financing receivable, gross	157,200
Individually evaluated for impairment, reserves for loan losses	(12,500)
Release of general reserve	11,600
Collectively Evaluated for Impairment
Recorded investment (comprised of a loans carrying value plus accrued interest) in loans and the associated reserve for loan losses
Financing receivable, gross	1,209,062	1,524,347
Individually evaluated for impairment, reserves for loan losses	(23,300)	(36,000)
Total	$ 1,185,762	$ 1,488,347

Loans Receivable and Other Le67

Loans Receivable and Other Lending Investments, net (Credit Characteristics for Performing Loans) (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2016USD ($)	Dec. 31, 2015USD ($)
Recorded Investments in loans, presented by class and by credit quality, as indicated by risk rating
Performing Loans	$ 1,377,458	$ 1,548,674
Real Estate Finance
Recorded Investments in loans, presented by class and by credit quality, as indicated by risk rating
Performing Loans	$ 1,209,062	$ 1,524,347
Weighted Average Risk Ratings	3.11	3.15
Real Estate Finance | Senior mortgages
Recorded Investments in loans, presented by class and by credit quality, as indicated by risk rating
Performing Loans	$ 859,250	$ 853,595
Weighted Average Risk Ratings	3.12	2.96
Real Estate Finance | Corporate/Partnership loans
Recorded Investments in loans, presented by class and by credit quality, as indicated by risk rating
Performing Loans	$ 335,677	$ 641,713
Weighted Average Risk Ratings	3.09	3.37
Real Estate Finance | Subordinate mortgages
Recorded Investments in loans, presented by class and by credit quality, as indicated by risk rating
Performing Loans	$ 14,135	$ 29,039
Weighted Average Risk Ratings	3	3.64

Loans Receivable and Other Le68

Loans Receivable and Other Lending Investments, net (Credit Characteristics by Payment Status) (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2016USD ($)Loan	Dec. 31, 2015USD ($)Loan
Recorded investment in loans, aged by payment status and presented by class
Current	$ 1,229,180	$ 1,540,589
Less Than and Equal to 90 Days	0	0
Greater Than 90 Days	233,823	116,250
Total Past Due	233,823	116,250
Financing receivable, total	$ 1,463,003	$ 1,656,839
Financing receivable, number of loans greater than 90 days past due | Loan	4	4
Financing receivables, past due time period	90 days	90 days
Minimum
Recorded investment in loans, aged by payment status and presented by class
Financing receivables, past due time period	1 year	1 year
Maximum
Recorded investment in loans, aged by payment status and presented by class
Financing receivables, past due time period	8 years	7 years
Senior mortgages
Recorded investment in loans, aged by payment status and presented by class
Current	$ 868,505	$ 864,099
Less Than and Equal to 90 Days	0	0
Greater Than 90 Days	76,677	116,250
Total Past Due	76,677	116,250
Financing receivable, total	945,182	980,349
Corporate/Partnership loans
Recorded investment in loans, aged by payment status and presented by class
Current	335,677	647,451
Less Than and Equal to 90 Days	0	0
Greater Than 90 Days	157,146	0
Total Past Due	157,146	0
Financing receivable, total	492,823	647,451
Subordinate mortgages
Recorded investment in loans, aged by payment status and presented by class
Current	24,998	29,039
Less Than and Equal to 90 Days	0	0
Greater Than 90 Days	0	0
Total Past Due	0	0
Financing receivable, total	$ 24,998	$ 29,039

Loans Receivable and Other Le69

Loans Receivable and Other Lending Investments, net (Impaired Loans) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Financing Receivable, Impaired [Line Items]
Recorded Investment	$ 253,941,000	$ 132,492,000
Unpaid Principal Balance	243,409,000	131,514,000
Related Allowance	(62,245,000)	(72,165,000)
Average Recorded Investment	195,482,000	153,387,000	$ 422,973,000
Interest Income Recognized	226,000	50,000	2,261,000
Subordinate mortgages
Financing Receivable, Impaired [Line Items]
Recorded Investment	10,862,000	0
Unpaid Principal Balance	10,846,000	0
Related Allowance	0	0
Average Recorded Investment	6,799,000	0	0
Interest Income Recognized	0	0	0
Senior mortgages
Financing Receivable, Impaired [Line Items]
Recorded Investment	85,933,000	126,754,000
Unpaid Principal Balance	85,780,000	125,776,000
Related Allowance	(49,774,000)	(69,627,000)
Average Recorded Investment	122,582,000	129,135,000	370,010,000
Interest Income Recognized	226,000	38,000	2,080,000
Corporate/Partnership loans
Financing Receivable, Impaired [Line Items]
Recorded Investment	157,146,000	5,738,000
Unpaid Principal Balance	146,783,000	5,738,000
Related Allowance	(12,471,000)	(2,538,000)
Average Recorded Investment	66,101,000	24,252,000	52,963,000
Interest Income Recognized	0	12,000	181,000
Nonperforming Financial Instruments
Financing Receivable, Impaired [Line Items]
Impaired financing receivable, interest income, cash basis method		0	0
With no related allowance recorded
Financing Receivable, Impaired [Line Items]
Recorded Investment	10,862,000	0
Unpaid Principal Balance	10,846,000	0
Related Allowance	0	0
Average Recorded Investment	10,460,000	0	35,659,000
Interest Income Recognized	226,000	0	1,922,000
With no related allowance recorded | Subordinate mortgages
Financing Receivable, Impaired [Line Items]
Recorded Investment	10,862,000	0
Unpaid Principal Balance	10,846,000	0
Related Allowance	0	0
Average Recorded Investment	6,799,000	0
Interest Income Recognized	0	0	0
With no related allowance recorded | Senior mortgages
Financing Receivable, Impaired [Line Items]
Average Recorded Investment	3,661,000	0	35,659,000
Interest Income Recognized	226,000	0	1,922,000
With an allowance recorded
Financing Receivable, Impaired [Line Items]
Recorded Investment	243,079,000	132,492,000
Unpaid Principal Balance	232,563,000	131,514,000
Related Allowance	(62,245,000)	(72,165,000)
Average Recorded Investment	185,022,000	153,387,000	387,314,000
Interest Income Recognized	0	50,000	339,000
With an allowance recorded | Senior mortgages
Financing Receivable, Impaired [Line Items]
Recorded Investment	85,933,000	126,754,000
Unpaid Principal Balance	85,780,000	125,776,000
Related Allowance	(49,774,000)	(69,627,000)
Average Recorded Investment	118,921,000	129,135,000	334,351,000
Interest Income Recognized	0	38,000	158,000
With an allowance recorded | Corporate/Partnership loans
Financing Receivable, Impaired [Line Items]
Recorded Investment	157,146,000	5,738,000
Unpaid Principal Balance	146,783,000	5,738,000
Related Allowance	(12,471,000)	(2,538,000)
Average Recorded Investment	66,101,000	24,252,000	52,963,000
Interest Income Recognized	$ 0	$ 12,000	$ 181,000

Loans Receivable and Other Le70

Loans Receivable and Other Lending Investments, net (Troubled Debt Restructurings) (Details)	12 Months Ended
	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)Loan	Dec. 31, 2016USD ($)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Pre-modification outstanding recorded investment	$ 11,600,000
Unfunded commitments, troubled debt restructurings			$ 0
Non-performing mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of loans | Loan		1
Non-performing mortgage | One Year Payment Extension
Accounts, Notes, Loans and Financing Receivable [Line Items]
Recorded investment of loans whose maturity was extended		$ 7,000,000
Finance receivable, trouble debt restructuring time period		1 year
Individually Evaluated for Impairment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Pre-modification outstanding recorded investment	$ 5,800,000

Loans Receivable and Other Le71

Loans Receivable and Other Lending Investments, net (Securities) (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Available-for-sale Securities, Fair Value to Amortized Cost Basis [Abstract]
Total	$ 21,240
Estimated Fair Value	21,666
Held-to-Maturity Securities, Debt Maturities [Abstract]
Total	58,250
Estimated Fair Value	61,003
Investments, Debt and Equity Securities [Abstract]
Face Value	79,694	$ 55,559
Amortized Cost Basis	79,490	62,138
Net Unrealized Gain (Loss)	3,179	222
Estimated Fair Value	82,669	62,360
Net Carrying Value	79,916	62,289
Municipal Bonds
Available-for-sale Securities, Fair Value to Amortized Cost Basis [Abstract]
Face Value	21,240	1,010
Total	21,240	1,010
Net Unrealized Gain (Loss)	426	151
Estimated Fair Value	21,666	1,161
Net Carrying Value	21,666	1,161
Corporate Debt Securities
Held-to-Maturity Securities, Debt Maturities [Abstract]
Face Value	58,454	54,549
Total	58,250	61,128
Net Unrealized Gain (Loss)	2,753	71
Estimated Fair Value	61,003	61,199
Net Carrying Value	$ 58,250	$ 61,128

Loans Receivable and Other Le72

Loans Receivable and Other Lending Investments, net (Maturities of Company Securities) (Details) $ in Thousands	Dec. 31, 2016USD ($)
Held-to-Maturity Securities, Amortized Cost Basis
Within one year	$ 0
After one year through 5 years	58,250
After 5 years through 10 years	0
After 10 years	0
Total	58,250
Held-to-Maturity Securities, Estimated Fair Value
Within one year	0
After one year through 5 years	61,003
After 5 years through 10 years	0
After 10 years	0
Total	61,003
Available-for-Sale Securities, Amortized Cost Basis
Within one year	0
After one year through 5 years	0
After 5 years through 10 years	0
After 10 years	21,240
Total	21,240
Available-for-Sale Securities, Estimated Fair Value
Within one year	0
After one year through 5 years	0
After 5 years through 10 years	0
After 10 years	21,666
Total	$ 21,666

Other Investments (Other Invest

Other Investments (Other Investments and Share of Earnings (Loss) (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2016USD ($)	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)Investee
Schedule of Equity Method Investments [Line Items]
Carrying value	$ 214,406	$ 254,172
Earnings (loss) from equity method investments	77,349	32,153	$ 94,905
Net proceeds from sale of other investments	43,936	0	0
Other real estate equity investments
Schedule of Equity Method Investments [Line Items]
Earnings (loss) from equity method investments	11,600		32,900
Net proceeds from sale of other investments	39,800
Recognized earnings	31,500
Other Strategic Investments
Schedule of Equity Method Investments [Line Items]
Carrying value	33,350	73,525
Earnings (loss) from equity method investments	9,907	8,586	41,477
Equity Method Investee Two
Schedule of Equity Method Investments [Line Items]
Earnings (loss) from equity method investments	11,600		$ 23,400
Equity method Investee Three
Schedule of Equity Method Investments [Line Items]
Equity method investee | Investee			1
Oak Hill Funds Group
Schedule of Equity Method Investments [Line Items]
Earnings (loss) from equity method investments	4,300	2,200	$ 9,000
Real Estate Investment
Schedule of Equity Method Investments [Line Items]
Carrying value	181,056	180,647
Earnings (loss) from equity method investments	67,442	23,567	53,428
Real Estate Investment | iStar Net Lease I LLC
Schedule of Equity Method Investments [Line Items]
Carrying value	92,669	69,096
Earnings (loss) from equity method investments	3,567	5,221	1,915
Real Estate Investment | Marina Palms
Schedule of Equity Method Investments [Line Items]
Carrying value	35,185	30,099
Earnings (loss) from equity method investments	22,053	23,626	14,671
Real Estate Investment | Other real estate equity investments
Schedule of Equity Method Investments [Line Items]
Carrying value	53,202	81,452
Earnings (loss) from equity method investments	41,822	$ (5,280)	$ 36,842
Noncontrolling Interests
Schedule of Equity Method Investments [Line Items]
Recognized earnings	$ 10,100

Other Investments (Narrative) (

Other Investments (Narrative) (Details)	1 Months Ended			12 Months Ended
	Dec. 31, 2016USD ($)unit	Nov. 30, 2016USD ($)	Jun. 30, 2015USD ($)	Dec. 31, 2016USD ($)propertyunit	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)lease_asset	Feb. 28, 2014USD ($)
Schedule of Equity Method Investments [Line Items]
Contributions to other investments				$ 58,197,000	$ 11,531,000	$ 159,424,000
Noncontrolling interest, ownership percentage by parent	95.70%			95.70%
Number of properties acquired | property				2
Total assets	$ 2,803,411,000			$ 2,803,411,000	3,597,587,000
Distributions from other investments				92,482,000	119,854,000	61,031,000
Carrying value	214,406,000			214,406,000	254,172,000
Land development revenue				88,340,000	100,216,000	15,191,000
Land development cost of sales				62,007,000	67,382,000	12,840,000
Income from sales of real estate				105,296,000	93,816,000	89,943,000
Earnings (loss) from equity method investments				77,349,000	32,153,000	94,905,000
(Recovery of) provision for loan losses				(12,514,000)	36,567,000	(1,714,000)
Cost investments	1,400,000			1,400,000	1,500,000
Proceeds from sale of available-for-sale securities					7,400,000
Available-for-sale securities, realized gain					2,600,000
iStar Net Lease I LLC
Schedule of Equity Method Investments [Line Items]
Contributions to other investments				37,700,000
Distributions from other investments		$ 13,200,000	$ 61,200,000
iStar Net Lease I LLC | Net Lease
Schedule of Equity Method Investments [Line Items]
Debt instrument term		5 years	10 years
Debt instrument, face amount		$ 29,000,000	$ 120,000,000
iStar Net Lease I LLC | Net Lease
Schedule of Equity Method Investments [Line Items]
iStar's ownership percentage							51.90%
Partners' capital account, contributions (up to)							$ 500,000,000
Equity method investment, related party ownership percentage							0.60%
Equity method investment, related party promote fee percentage							50.00%
Equity method investment, partner ownership percentage							47.50%
Net proceeds from sales of real estate						$ 10,100,000
Noncontrolling interest, ownership percentage by parent						72.00%
Transfer mortgage payable						$ 26,000,000
Number of properties acquired | lease_asset						58
Acquisitions of real estate assets						$ 200,000,000
Total assets	$ 511,300,000			511,300,000	400,200,000
iStar Net Lease I LLC | Net Lease Asset One
Schedule of Equity Method Investments [Line Items]
Net proceeds from sales of real estate						93,700,000
iStar Net Lease I LLC | Other Income
Schedule of Equity Method Investments [Line Items]
Management fees revenue				$ 1,600,000	1,500,000	1,300,000
Marina Palms
Schedule of Equity Method Investments [Line Items]
iStar's ownership percentage	47.50%			47.50%
Number of units | unit	468			468
Marina Palms | Land
Schedule of Equity Method Investments [Line Items]
Total assets	$ 201,800,000			$ 201,800,000	278,500,000
Marine Palms, LLC, North Tower
Schedule of Equity Method Investments [Line Items]
Number of units for sale | unit	1			1
Number of units | unit	234			234
Marine Palms, LLC, South Tower
Schedule of Equity Method Investments [Line Items]
Number of units | unit	234			234
Percentage of units pre-sold				83.00%
Other real estate equity investments
Schedule of Equity Method Investments [Line Items]
Earnings (loss) from equity method investments				$ 11,600,000		32,900,000
Other real estate equity investments | Minimum
Schedule of Equity Method Investments [Line Items]
iStar's ownership percentage	20.00%			20.00%
Other real estate equity investments | Maximum
Schedule of Equity Method Investments [Line Items]
iStar's ownership percentage	85.00%			85.00%
Other real estate equity investments | Land
Schedule of Equity Method Investments [Line Items]
Carrying value	$ 49,600,000			$ 49,600,000	70,400,000
Other real estate equity investments | Operating Properties
Schedule of Equity Method Investments [Line Items]
Carrying value	$ 3,600,000			$ 3,600,000	$ 11,100,000
Newly Formed Unconsolidated Entity
Schedule of Equity Method Investments [Line Items]
iStar's ownership percentage	50.00%			50.00%
Income from sales of real estate				$ 8,800,000
RCC | Operating Properties
Schedule of Equity Method Investments [Line Items]
iStar's ownership percentage	50.00%			50.00%	50.00%
Contributions to other investments					$ 13,600,000
Distributions from other investments				$ 17,600,000	21,000,000
Sales price of real estate held for investment	$ 36,000,000				68,500,000
Proceeds from sale of other real estate, net of equity contribution	7,000,000				55,400,000
Income from sales of real estate	8,800,000				13,600,000
Loans commitment	27,000,000			27,000,000
Payments for funding under loan commitments	$ 23,000,000			23,000,000
Equity Method Investee Two
Schedule of Equity Method Investments [Line Items]
Earnings (loss) from equity method investments				$ 11,600,000		$ 23,400,000
Equity Method Investee Two | Land
Schedule of Equity Method Investments [Line Items]
iStar's ownership percentage	50.00%			50.00%		85.70%
Carrying value	$ 0			$ 0	6,300,000
Loans commitment	$ 45,700,000			45,700,000
Interest and fee income				$ 3,600,000	3,900,000	$ 600,000
Equity Method Investee Two | Land | Loans Receivable and Other Lending Investments, Net
Schedule of Equity Method Investments [Line Items]
Payments for funding under loan commitments					33,700,000
Real Estate Equity Investment Four | Land
Schedule of Equity Method Investments [Line Items]
iStar's ownership percentage	20.10%			20.10%		15.70%
Impairment				$ 3,600,000
Carrying value	$ 26,400,000			26,400,000	$ 24,000,000
(Recovery of) provision for loan losses						$ 2,800,000
Payments for investments				$ 1,900,000

Other Investments (Summarized f

Other Investments (Summarized financial information) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Investments, All Other Investments [Abstract]
Total assets	$ 2,803,411	$ 3,597,587
Total liabilities	683,079	768,622
Noncontrolling interests	23,544	19,208
Total equity	2,096,788	2,809,757
Revenues	272,281	481,224	$ 626,039
Expenses	(227,720)	(245,968)	(185,603)
Net income attributable to parent entities	$ 42,209	$ 234,529	$ 440,210

Other Assets and Other Liabil76

Other Assets and Other Liabilities (Deferred Expenses and Other Assets) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Real Estate Properties [Line Items]
Other finite-lived intangible assets	$ 32,800
Intangible assets, accumulated amortization	32,600	$ 37,300
Intangible assets, net	63,098	71,446
Other receivables	52,820	22,557
Other assets	39,591	36,999
Restricted cash	25,883	26,657
Leasing costs, net	12,566	19,393
Corporate furniture, fixtures and equipment, net	5,691	4,405
Deferred expenses and other assets, net	199,649	181,457
Amortization of above market lease and lease incentives	4,100	6,700	$ 8,600
Amortization of intangible assets	1,900	3,600	$ 6,700
Accumulated amortization on leasing costs	6,700	9,800
Accumulated depreciation on corporate furniture, fixtures and equipment	9,000	8,100
Operating Properties
Real Estate Properties [Line Items]
Other finite-lived intangible assets		32,800
Other receivables	$ 26,000	$ 11,300

Other Assets and Other Liabil77

Other Assets and Other Liabilities (Schedule of Other Liabilities) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Other Significant Noncash Transactions [Line Items]
Other liabilities	$ 75,993	$ 80,332
Accrued expenses	72,693	68,937
Accrued interest payable	54,033	55,081
Intangible liabilities, net	8,851	10,485
Accounts payable, accrued expenses and other liabilities	211,570	214,835
Profit sharing payable	24,000	14,500
Special assessment bond	8,500	6,600
Below market lease, accumulated amortization	6,400	6,600
Amortization of below market lease	1,100	1,500	$ 2,500
Assets Held-for-Sale
Other Significant Noncash Transactions [Line Items]
Other liabilities	1,200	4,400
Accrued expenses	$ 1,700	$ 5,300

Other Assets and Other Liabil78

Other Assets and Other Liabilities (Intangible assets) (Details) $ in Thousands	Dec. 31, 2016USD ($)
Other Assets and Other Liabilities [Abstract]
2,017	$ 2,484
2,018	2,135
2,019	2,097
2,020	2,068
2,021	$ 2,022

Loan Participations Payable, 79

Loan Participations Payable, Net (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2016USD ($)debt_instrument	Dec. 31, 2015USD ($)debt_instrument
Accounts, Notes, Loans and Financing Receivable [Line Items]
Debt discounts and deferred financing costs, net	$ (28,449)	$ (31,566)
Loan participations payable, net	159,321	$ 152,086
Number of debt instruments | debt_instrument		2
Loans receivable	1,370,523	$ 1,539,696
Loan Participations Payable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loan Participations Payable, gross	160,251	153,000
Debt discounts and deferred financing costs, net	(930)	(914)
Loan participations payable, net	$ 159,321	152,086
Loan Participation Payable One
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of debt instruments | debt_instrument	3
Loan Participations Payable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable	$ 159,100	$ 153,000
Loan Participations Payable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted average interest rate	4.80%	4.60%

Debt Obligations, net (Schedule

Debt Obligations, net (Schedule of Debt) (Details) - USD ($) $ / shares in Units, shares in Millions	1 Months Ended		12 Months Ended
	Jun. 30, 2016	Mar. 31, 2012	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Aug. 31, 2016	Mar. 31, 2016
Debt Instrument [Line Items]
Total debt obligations			$ 3,418,357,000	$ 4,150,389,000
Debt discounts and deferred financing costs, net			(28,449,000)	(31,566,000)
Total long-term debt obligations, net			3,389,908,000	4,118,823,000
Conversion of senior unsecured convertible notes into common stock			9,596,000	0	$ 0
Interest costs capitalized			5,800,000	5,300,000	$ 4,900,000
2015 Revolving Credit Facility
Debt Instrument [Line Items]
Total debt obligations			0	250,000,000
Debt instrument, face amount			$ 250,000,000
2015 Revolving Credit Facility | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Variable interest rate, spread			2.75%
2015 Revolving Credit Facility | London Interbank Offered Rate (LIBOR) | Base Rate
Debt Instrument [Line Items]
Variable interest rate, spread			1.00%
2015 Revolving Credit Facility | Federal Funds Effective Swap Rate | Base Rate
Debt Instrument [Line Items]
Variable interest rate, spread			0.50%
2015 Revolving Credit Facility | Minimum | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Debt instrument, margin			2.25%
2015 Revolving Credit Facility | Minimum | Base Rate
Debt Instrument [Line Items]
Debt instrument, margin			1.25%
2015 Revolving Credit Facility | Maximum | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Debt instrument, margin			2.75%
2015 Revolving Credit Facility | Maximum | Base Rate
Debt Instrument [Line Items]
Debt instrument, margin			1.75%
2016 Senior Secured Credit Facility
Debt Instrument [Line Items]
Total debt obligations			$ 498,648,000	0
Debt instrument, face amount	$ 450,000,000					$ 500,000,000
Variable interest rate, spread			1.00%
2016 Senior Secured Credit Facility | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Variable interest rate, spread	4.50%		4.50%
2016 Senior Secured Credit Facility | Federal Funds Effective Swap Rate
Debt Instrument [Line Items]
Variable interest rate, spread			0.50%
2016 Senior Secured Credit Facility | Minimum | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Variable interest rate, spread	1.00%		1.00%
2016 Senior Secured Credit Facility | Maximum | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Variable interest rate, spread			3.50%
Mortgages collateralized by net lease assets
Debt Instrument [Line Items]
Total debt obligations			$ 249,987,000	$ 239,547,000
Stated interest rate, minimum			3.875%
Stated interest rate, maximum			7.26%
Weighted average interest rate			5.10%
Mortgages collateralized by net lease assets | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Variable interest rate, spread			2.00%	2.00%
2012 Tranche A-2 Facility
Debt Instrument [Line Items]
Total debt obligations			$ 0	$ 339,717,000
Debt instrument, face amount		$ 470,000,000
Variable interest rate, spread			5.75%
2012 Tranche A-2 Facility | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Variable interest rate, spread			5.75%
Total secured credit facilities and mortgages
Debt Instrument [Line Items]
Total debt obligations			$ 748,635,000	829,264,000
5.875% senior notes
Debt Instrument [Line Items]
Total debt obligations			$ 0	261,403,000
Stated interest rate			5.875%				5.875%
3.875% senior notes
Debt Instrument [Line Items]
Total debt obligations			$ 0	265,000,000
Stated interest rate			3.875%
3.00% senior convertible notes
Debt Instrument [Line Items]
Total debt obligations			$ 0	$ 200,000,000
Stated interest rate				3.00%
Convertible debt conversion ratio			0.0085
Conversion price (in dollars per share)				$ 11.77
Conversion of senior unsecured convertible notes into common stock			$ 9,600,000	$ 9,600,000
Shares of common stock converted (in shares)			0.8
1.50% senior convertible notes
Debt Instrument [Line Items]
Total debt obligations			$ 0	$ 200,000,000
Stated interest rate				1.50%
Convertible debt conversion ratio			0.00578
Conversion price (in dollars per share)				$ 17.29
5.85% senior notes
Debt Instrument [Line Items]
Total debt obligations			$ 99,722,000	$ 99,722,000
Stated interest rate			5.85%
9.00% senior notes
Debt Instrument [Line Items]
Total debt obligations			$ 275,000,000	275,000,000
Stated interest rate			9.00%
4.00% senior notes
Debt Instrument [Line Items]
Total debt obligations			$ 550,000,000	550,000,000
Stated interest rate			4.00%
7.125% senior notes
Debt Instrument [Line Items]
Total debt obligations			$ 300,000,000	300,000,000
Stated interest rate			7.125%
4.875% senior notes
Debt Instrument [Line Items]
Total debt obligations			$ 300,000,000	300,000,000
Stated interest rate			4.875%
5.00% senior notes
Debt Instrument [Line Items]
Total debt obligations			$ 770,000,000	770,000,000
Stated interest rate			5.00%
6.50% senior notes
Debt Instrument [Line Items]
Total debt obligations			$ 275,000,000	0
Stated interest rate			6.50%				6.50%
Unsecured Notes
Debt Instrument [Line Items]
Total debt obligations			$ 2,569,722,000	3,221,125,000
Trust preferred securities
Debt Instrument [Line Items]
Total debt obligations			$ 100,000,000	$ 100,000,000
Trust preferred securities | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Variable interest rate, spread			1.50%
Term Loan for Remaining Balance After Maturity | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Debt instrument term			1 year
2012 Tranche A-1 Facility
Debt Instrument [Line Items]
Debt instrument, face amount		$ 410,000,000
Variable interest rate, spread			4.00%
2012 Tranche A-1 Facility | Minimum | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Variable interest rate, spread		1.25%

Debt Obligations, net (Future S

Debt Obligations, net (Future Scheduled Maturities) (Details) - USD ($) $ in Thousands	Feb. 23, 2017	Dec. 31, 2016	Dec. 31, 2015
Maturities of Long-term Debt [Abstract]
2,017		$ 924,722
2,018		611,196
2,019		799,191
2,020		498,648
2,021		394,860
Thereafter		189,740
Total principal maturities		3,418,357	$ 4,150,389
Debt discounts and deferred financing costs, net		(28,449)	(31,566)
Total long-term debt obligations, net		3,389,908	$ 4,118,823
Subsequent Event
Maturities of Long-term Debt [Abstract]
Available capacity	$ 710,700
Unsecured Debt
Maturities of Long-term Debt [Abstract]
2,017		924,722
2,018		600,000
2,019		770,000
2,020		0
2,021		275,000
Thereafter		100,000
Total principal maturities		2,669,722
Debt discounts and deferred financing costs, net		(18,426)
Total long-term debt obligations, net		2,651,296
Unsecured Debt | Subsequent Event
Maturities of Long-term Debt [Abstract]
Obligations maturing in February 2018	$ 311,200
Secured Debt
Maturities of Long-term Debt [Abstract]
2,017		0
2,018		11,196
2,019		29,191
2,020		498,648
2,021		119,860
Thereafter		89,740
Total principal maturities		748,635
Debt discounts and deferred financing costs, net		(10,023)
Total long-term debt obligations, net		$ 738,612

Debt Obligations, net (Secured

Debt Obligations, net (Secured Credit Facility and Term Loan Narrative) (Details) shares in Millions	1 Months Ended					2 Months Ended	12 Months Ended
	Dec. 31, 2016USD ($)	Jun. 30, 2016USD ($)	Mar. 31, 2016USD ($)	Mar. 31, 2015USD ($)	Mar. 31, 2012USD ($)tranche	Feb. 24, 2017	Dec. 31, 2016USD ($)shares	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)	Aug. 31, 2016USD ($)
Line of Credit Facility [Line Items]
Repayment of principal amount							$ 1,437,557,000	$ 432,383,000	$ 1,471,174,000
Loss on early extinguishment of debt, net							1,619,000	281,000	25,369,000
Borrowings from debt obligations							716,001,000	549,000,000	1,349,822,000
Conversion of senior unsecured convertible notes into common stock							$ 9,596,000	0	0
2016 Senior Secured Credit Facility
Line of Credit Facility [Line Items]
Debt instrument, face amount		$ 450,000,000								$ 500,000,000
Percentage of par credit facilities were issued at		99.00%
Variable interest rate, spread							1.00%
Multiple of the minimum collateral coverage on outstanding borrowings		1.25
Minimum amortization payment							0.25%
Lender fees		$ 4,500,000
Third party fees recognized		6,200,000
Third party fees capitalized		4,300,000
2016 Senior Secured Credit Facility | Other Expense
Line of Credit Facility [Line Items]
Third party fees recognized		$ 1,900,000
2016 Senior Secured Credit Facility | London Interbank Offered Rate (LIBOR)
Line of Credit Facility [Line Items]
Variable interest rate, spread		4.50%					4.50%
2016 Senior Secured Credit Facility | London Interbank Offered Rate (LIBOR) | Minimum
Line of Credit Facility [Line Items]
Variable interest rate, spread		1.00%					1.00%
2016 Senior Secured Credit Facility | London Interbank Offered Rate (LIBOR) | Maximum
Line of Credit Facility [Line Items]
Variable interest rate, spread							3.50%
2012 Tranche A-2 Facility
Line of Credit Facility [Line Items]
Debt instrument, face amount					$ 470,000,000
Percentage of par credit facilities were issued at					98.50%
Variable interest rate, spread							5.75%
Repayment of principal amount							$ 323,200,000
Loss on early extinguishment of debt, net							$ 1,200,000	$ 300,000	$ 1,500,000
2012 Tranche A-2 Facility | London Interbank Offered Rate (LIBOR)
Line of Credit Facility [Line Items]
Variable interest rate, spread							5.75%
2015 Revolving Credit Facility
Line of Credit Facility [Line Items]
Debt instrument, face amount	$ 250,000,000						$ 250,000,000
Multiple of the minimum collateral coverage on outstanding borrowings	1.5						1.5
Repayment of principal amount			$ 5,000,000				$ 245,000,000
Maximum borrowing capacity	$ 250,000,000			$ 250,000,000			$ 250,000,000
Line of credit facility, interest rate							3.19%
Converted loan, term							1 year
2015 Revolving Credit Facility | Minimum
Line of Credit Facility [Line Items]
Commitment fee percentage				0.375%
2015 Revolving Credit Facility | Maximum
Line of Credit Facility [Line Items]
Commitment fee percentage				0.50%
2015 Revolving Credit Facility | London Interbank Offered Rate (LIBOR)
Line of Credit Facility [Line Items]
Variable interest rate, spread							2.75%
2012 Secured Credit Facilities
Line of Credit Facility [Line Items]
Debt instrument, face amount					$ 880,000,000
Multiple of the minimum collateral coverage on outstanding borrowings	1.25						1.25
Number of tranches | tranche					2
2012 Tranche A-1 Facility
Line of Credit Facility [Line Items]
Debt instrument, face amount					$ 410,000,000
Percentage of par credit facilities were issued at					98.00%
Variable interest rate, spread							4.00%
2012 Tranche A-1 Facility | London Interbank Offered Rate (LIBOR) | Minimum
Line of Credit Facility [Line Items]
Variable interest rate, spread					1.25%
5.875% senior notes
Line of Credit Facility [Line Items]
Repayment of principal amount			$ 261,400,000
Stated interest rate	5.875%		5.875%				5.875%
6.50% senior notes
Line of Credit Facility [Line Items]
Stated interest rate	6.50%		6.50%				6.50%
Borrowings from debt obligations			$ 275,000,000
Unsecured Notes 3.875 Percent Senior Notes Due July 2016
Line of Credit Facility [Line Items]
Repayment of principal amount			$ 265,000,000
Stated interest rate	3.875%						3.875%
3.00% senior convertible notes
Line of Credit Facility [Line Items]
Repayment of principal amount							$ 200,000,000
Stated interest rate								3.00%
Conversion of senior unsecured convertible notes into common stock							$ 9,600,000	$ 9,600,000
Shares of common stock converted (in shares) | shares							0.8
1.50% senior convertible notes
Line of Credit Facility [Line Items]
Repayment of principal amount							$ 200,000,000
Stated interest rate								1.50%
Unsecured Debt
Line of Credit Facility [Line Items]
Loss on early extinguishment of debt, net							400,000
2016 Secured Term Loan | Secured Debt
Line of Credit Facility [Line Items]
Debt instrument, face amount	$ 170,000,000						$ 170,000,000
2016 Secured Term Loan | Secured Debt | London Interbank Offered Rate (LIBOR)
Line of Credit Facility [Line Items]
Variable interest rate, spread	1.50%
Subsequent Event | 2016 Senior Secured Credit Facility | London Interbank Offered Rate (LIBOR)
Line of Credit Facility [Line Items]
Variable interest rate, spread						3.75%
Subsequent Event | 2016 Senior Secured Credit Facility | London Interbank Offered Rate (LIBOR) | Minimum
Line of Credit Facility [Line Items]
Variable interest rate, spread						1.00%

Debt Obligations, net (Encumber

Debt Obligations, net (Encumbered/Unencumbered Assets) (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Debt Instrument [Line Items]
Real estate, net	$ 1,491,752	$ 1,593,983
Real estate available and held for sale	83,764	137,274
Land and development, net	945,565	1,001,963
Loans receivable and other lending investments, net	1,450,439	1,601,985
Other investments	214,406	254,172
Cash and other assets	639,588	1,008,415
Total assets	4,825,514	5,597,792
General reserves for loan losses	85,545	108,165
Loan participations	1,370,523	1,539,696
Collectively Evaluated for Impairment
Debt Instrument [Line Items]
General reserves for loan losses	23,300	36,000
Loan Participations Payable
Debt Instrument [Line Items]
Loan participations	159,100	153,000
Encumbered Assets
Debt Instrument [Line Items]
Real estate, net	881,212	816,721
Real estate available and held for sale	0	10,593
Land and development, net	35,165	17,714
Loans receivable and other lending investments, net	172,581	170,162
Other investments	0	22,352
Cash and other assets	0	0
Total assets	1,088,958	1,037,542
Unencumbered Assets
Debt Instrument [Line Items]
Real estate, net	610,540	777,262
Real estate available and held for sale	83,764	126,681
Land and development, net	910,400	984,249
Loans receivable and other lending investments, net	1,142,050	1,314,823
Other investments	214,406	231,820
Cash and other assets	639,588	1,008,415
Total assets	$ 3,600,748	$ 4,443,250

Debt Obligations, net (Debt Cov

Debt Obligations, net (Debt Covenants) (Details)	12 Months Ended
	Dec. 31, 2016
Unsecured Credit Facilities
Debt Instrument [Line Items]
Minimum ratio of unencumbered assets to unsecured indebtedness	1.2
Multiple of minimum fixed charges on outstanding borrowings	1.5
2012 Secured Credit Facilities
Debt Instrument [Line Items]
Multiple of the minimum collateral coverage on outstanding borrowings	1.25
2015 Revolving Credit Facility
Debt Instrument [Line Items]
Multiple of the minimum collateral coverage on outstanding borrowings	1.5
Multiple of minimum fixed charges on outstanding borrowings	1.5
Total secured credit facilities and mortgages
Debt Instrument [Line Items]
Percentage of REIT taxable income permitted for distribution under debt convenants	100.00%

Commitments and Contingencies85

Commitments and Contingencies (Unfunded Commitments) (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2016USD ($)
Commitments and Contingencies Disclosure [Abstract]
Percentage of capital committed to strategic investments that may be drawn down	100.00%
Unfunded Financial Commitments [Line Items]
Performance-Based Commitments	$ 406,477
Strategic Investments	45,540
Total	452,017
Loans and Other Lending Investments
Unfunded Financial Commitments [Line Items]
Performance-Based Commitments	366,287
Strategic Investments	0
Total	366,287
Real Estate
Unfunded Financial Commitments [Line Items]
Performance-Based Commitments	14,616
Strategic Investments	0
Total	14,616
Other Investments
Unfunded Financial Commitments [Line Items]
Performance-Based Commitments	25,574
Strategic Investments	45,540
Total	71,114
Loan Participations Payable
Unfunded Financial Commitments [Line Items]
Performance-Based Commitments	$ 158,700

Commitments and Contingencies86

Commitments and Contingencies (Other Commitments) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Commitments and Contingencies Disclosure [Abstract]
Rent expense	$ 5,900	$ 6,000	$ 5,800
2,017	5,463
2,018	4,552
2,019	3,692
2,020	3,696
2,021	1,439
Thereafter	$ 3,752

Commitments and Contingencies87

Commitments and Contingencies (Narrative) (Details) $ in Millions	Dec. 31, 2016	Jan. 22, 2015USD ($)a
Other Commitments [Line Items]
Land subject to litigation | a		1,250
Land | Real Estate Sales
Other Commitments [Line Items]
Unpaid purchase price | $		$ 114
Unpaid purchase price, interest rate		12.00%
Noncontrolling interest, ownership percentage by noncontrolling owners	4.30%

Risk Management and Derivativ88

Risk Management and Derivatives (Risk Concentration) (Details)	12 Months Ended
	Dec. 31, 2016borrower
Land
Concentration Risk [Line Items]
Concentration risk, percentage	22.40%
Office/Industrial
Concentration Risk [Line Items]
Concentration risk, percentage	22.90%
Hotel
Concentration Risk [Line Items]
Concentration risk, percentage	12.50%
Commercial Entertainment and Leisure Real Estate
Concentration Risk [Line Items]
Concentration risk, percentage	10.60%
Condominium Units
Concentration Risk [Line Items]
Concentration risk, percentage	10.00%
Mixed Use Collateral
Concentration Risk [Line Items]
Concentration risk, percentage	10.00%
Customer Concentration Risk
Concentration Risk [Line Items]
Number of large borrowers or tenants	5
Concentration risk percentage of revenue (no more than)	18.40%
Concentration risk percentage of one single customer, revenue (no more than)	5.90%
New York | Geographic Concentration Risk
Concentration Risk [Line Items]
Concentration risk, percentage	19.00%
California | Geographic Concentration Risk
Concentration Risk [Line Items]
Concentration risk, percentage	13.00%

Risk Management and Derivativ89

Risk Management and Derivatives (Fair Value of Derivative Financial Instruments) (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Designated as hedge
Derivative financial instruments on consolidated balance sheets
Derivative Assets, Fair Value	$ 0	$ 39
Derivative Liabilities, Fair Value	47	131
Designated as hedge | Foreign exchange contracts
Derivative financial instruments on consolidated balance sheets
Derivative Liabilities, Fair Value		0
Designated as hedge | Foreign exchange contracts | Other Assets
Derivative financial instruments on consolidated balance sheets
Derivative Assets, Fair Value	0	39
Designated as hedge | Foreign exchange contracts | Other Liabilities
Derivative financial instruments on consolidated balance sheets
Derivative Liabilities, Fair Value	8
Designated as hedge | Interest rate swaps
Derivative financial instruments on consolidated balance sheets
Derivative Assets, Fair Value	0	0
Designated as hedge | Interest rate swaps | Other Liabilities
Derivative financial instruments on consolidated balance sheets
Derivative Liabilities, Fair Value	39	131
Not designated as hedge
Derivative financial instruments on consolidated balance sheets
Derivative Assets, Fair Value	727	1,483
Derivative Liabilities, Fair Value	0	0
Not designated as hedge | Foreign exchange contracts
Derivative financial instruments on consolidated balance sheets
Derivative Liabilities, Fair Value	0	0
Not designated as hedge | Foreign exchange contracts | Other Assets
Derivative financial instruments on consolidated balance sheets
Derivative Assets, Fair Value	702	378
Not designated as hedge | Interest rate cap
Derivative financial instruments on consolidated balance sheets
Derivative Liabilities, Fair Value	0	0
Not designated as hedge | Interest rate cap | Other Assets
Derivative financial instruments on consolidated balance sheets
Derivative Assets, Fair Value	$ 25	$ 1,105

Risk Management and Derivativ90

Risk Management and Derivatives (Classification on the Consolidated Statements of Operations) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Interest Expense | Interest rate cap | Designated as hedge
Derivative financial instruments on consolidated statements of operations
Amount of Gain (Loss) Recognized in Accumulated Other Comprehensive Income (Effective Portion)	$ 0	$ 0	$ 0
Amount of Gain (Loss) Reclassified from Accumulated Other Comprehensive Income into Earnings (Effective Portion)	(185)	(626)	(56)
Interest Expense | Interest rate swaps | Designated as hedge
Derivative financial instruments on consolidated statements of operations
Amount of Gain (Loss) Recognized in Accumulated Other Comprehensive Income (Effective Portion)	(175)	(537)	(970)
Amount of Gain (Loss) Reclassified from Accumulated Other Comprehensive Income into Earnings (Effective Portion)	(32)	170	(6)
Earnings from equity investments | Interest rate cap | Designated as hedge
Derivative financial instruments on consolidated statements of operations
Amount of Gain (Loss) Recognized in Accumulated Other Comprehensive Income (Effective Portion)	(4)	(13)	(9)
Amount of Gain (Loss) Reclassified from Accumulated Other Comprehensive Income into Earnings (Effective Portion)	(3)	(1)	0
Earnings from equity investments | Interest rate swaps | Designated as hedge
Derivative financial instruments on consolidated statements of operations
Amount of Gain (Loss) Recognized in Accumulated Other Comprehensive Income (Effective Portion)	94	(528)	(753)
Amount of Gain (Loss) Reclassified from Accumulated Other Comprehensive Income into Earnings (Effective Portion)	(378)	(464)	(420)
Earnings from equity investments | Foreign exchange contracts | Designated as hedge
Derivative financial instruments on consolidated statements of operations
Amount of Gain (Loss) Recognized in Accumulated Other Comprehensive Income (Effective Portion)	(167)	(124)	(471)
Amount of Gain (Loss) Reclassified from Accumulated Other Comprehensive Income into Earnings (Effective Portion)	0	0	0
Other Expense | Interest rate cap | Designated as hedge
Derivative financial instruments on consolidated statements of operations
Amount of Gain (Loss) Recognized in Accumulated Other Comprehensive Income (Effective Portion)			(2,984)
Amount of Gain (Loss) Reclassified from Accumulated Other Comprehensive Income into Earnings (Effective Portion)			0
Amount of Gain (Loss) Reclassified from Accumulated Other Comprehensive Income into Earnings (Ineffective Portion)			(3,634)
Other Expense | Interest rate cap | Not designated as hedge
Derivative financial instruments on consolidated statements of operations
Amount of Gain or (Loss) Recognized in Income	(1,080)	(3,671)	(1,347)
Other Expense | Foreign exchange contracts | Not designated as hedge
Derivative financial instruments on consolidated statements of operations
Amount of Gain or (Loss) Recognized in Income	$ 1,115	$ 2,403	$ 7,257

Risk Management and Derivativ91

Risk Management and Derivatives (Foreign Exchange Contracts) (Details) € in Thousands, ₨ in Thousands, £ in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2016USD ($)	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)	Dec. 31, 2016EUR (€)	Dec. 31, 2016GBP (£)	Dec. 31, 2016INR (₨)
Derivative [Line Items]
Foreign currency transaction gain (loss)	$ 100	$ (100)	$ 100
Sells Indian rupee (INR)/Buys USD Forward
Derivative [Line Items]
Notional Amount	5,089					₨ 350,000
Sells euro (EUR)/Buys USD Forward
Derivative [Line Items]
Notional Amount	7,095			€ 6,300
Sells pound sterling (GBP)/Buys USD Forward
Derivative [Line Items]
Notional Amount	$ 4,427				£ 3,400

Risk Management and Derivativ92

Risk Management and Derivatives (Interest Rate Hedges) (Details) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2016	Dec. 31, 2014
Derivative [Line Items]
Realized loss on interest rate hedge	[1]		$ 3,600
Interest rate swap
Derivative [Line Items]
Secured term loan		$ 28,000
Notional Amount		$ 26,396
Derivative, Variable Rate		2.00%
Derivative, Fixed Rate		3.47%
Interest rate cap
Derivative [Line Items]
Notional Amount		$ 500,000
Fixed Rate		1.00%
Interest rate swaps
Derivative [Line Items]
Hedge gain to be reclassified within next 12 months		$ 500
[1]	Reclassified to "Interest expense" in the Company's consolidated statements of operations are $217, $456 and $62 for the years ended December 31, 2016, 2015 and 2014, respectively. Reclassified to "Other Expense" in the Company's consolidated statements of operations is $3,634 for the year ended December 31, 2014 (refer to Note 12). Reclassified to "Earnings from equity method investments" in the Company's consolidated statements of operations are $381, $465 and $420, respectively, for the years ended December 31, 2016, 2015 and 2014.

Risk Management and Derivativ93

Risk Management and Derivatives (Credit Risk-Related Contingent Features) (Details) - USD ($)	Dec. 31, 2016	Dec. 31, 2015
Derivative [Line Items]
Net exposure under contracts	$ 0
Forward Contracts
Derivative [Line Items]
Collateral posted for hedges	$ 400,000	$ 1,000,000

Equity (Preferred Stock) (Detai

Equity (Preferred Stock) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Class of Stock [Line Items]
Shares Issued and Outstanding	25,800,000	25,800,000
Number of days in year used in the computation of preferred stock dividends for any partial dividend period	360 days	360 days
Number of months used in the computation of preferred stock dividends for any partial dividend period	12 months	12 months
Number of days in month, dividends computation of dividends payable for any partial dividend period	30 days	30 days
Capital gains distribution percentage	47.30%	47.30%
Unrecaptured Section 1250 gain percentage	76.15%	76.15%
Long term capital gain percentage	23.85%	23.85%
Ordinary income percentage	52.70%	52.70%
Amount of preferred dividends in arrears	$ 0
Shares issued upon conversion	3.9087
Redemption price as a percentage of liquidation preference	100.00%	100.00%
Maximum
Class of Stock [Line Items]
Number of days prior to dividend payment date that Board of Directors may elect to designate as the payment date	30 days	30 days
Minimum
Class of Stock [Line Items]
Number of days prior to dividend payment date that Board of Directors may elect to designate as the payment date	10 days	10 days
Series D
Class of Stock [Line Items]
Shares Issued and Outstanding	4,000,000	4,000,000
Par Value (in dollars per share)	$ 0.001	$ 0.001
Liquidation Preference (in dollars per share)	$ 25	$ 25
Rate per Annum	8.00%	8.00%
Equivalent to Fixed Annual Rate (in dollars per share)	$ 2	$ 2
Dividends declared and paid	$ 8,000,000	$ 8,000,000
Series E
Class of Stock [Line Items]
Shares Issued and Outstanding	5,600,000	5,600,000
Par Value (in dollars per share)	$ 0.001	$ 0.001
Liquidation Preference (in dollars per share)	$ 25	$ 25
Rate per Annum	7.875%	7.875%
Equivalent to Fixed Annual Rate (in dollars per share)	$ 1.97	$ 1.97
Dividends declared and paid	$ 11,000,000	$ 11,000,000
Series F
Class of Stock [Line Items]
Shares Issued and Outstanding	4,000,000	4,000,000
Par Value (in dollars per share)	$ 0.001	$ 0.001
Liquidation Preference (in dollars per share)	$ 25	$ 25
Rate per Annum	7.80%	7.80%
Equivalent to Fixed Annual Rate (in dollars per share)	$ 1.95	$ 1.95
Dividends declared and paid	$ 7,800,000	$ 7,800,000
Series G
Class of Stock [Line Items]
Shares Issued and Outstanding	3,200,000	3,200,000
Par Value (in dollars per share)	$ 0.001	$ 0.001
Liquidation Preference (in dollars per share)	$ 25	$ 25
Rate per Annum	7.65%	7.65%
Equivalent to Fixed Annual Rate (in dollars per share)	$ 1.91	$ 1.91
Dividends declared and paid	$ 6,100,000	$ 6,100,000
Series I
Class of Stock [Line Items]
Shares Issued and Outstanding	5,000,000	5,000,000
Par Value (in dollars per share)	$ 0.001	$ 0.001
Liquidation Preference (in dollars per share)	$ 25	$ 25
Rate per Annum	7.50%	7.50%
Equivalent to Fixed Annual Rate (in dollars per share)	$ 1.88	$ 1.88
Dividends declared and paid	$ 9,400,000	$ 9,400,000
Series J (convertible)
Class of Stock [Line Items]
Shares Issued and Outstanding	4,000,000	4,000,000
Par Value (in dollars per share)	$ 0.001	$ 0.001
Liquidation Preference (in dollars per share)	$ 50	$ 50
Rate per Annum	4.50%	4.50%
Equivalent to Fixed Annual Rate (in dollars per share)	$ 2.25	$ 2.25
Dividends declared and paid	$ 9,000,000	$ 9,000,000
Conversion price (in dollars per share)	$ 12.79	$ 12.79
Redemption price as a percentage of liquidation preference	100.00%	100.00%
Class D, E, F, G, I
Class of Stock [Line Items]
Liquidation Preference (in dollars per share)	$ 25	$ 25

Equity (High Performance Unit P

Equity (High Performance Unit Program) (Details) $ / shares in Units, $ in Millions	Aug. 13, 2015USD ($)$ / sharesshares	Dec. 31, 2015USD ($)voteplanshares	Dec. 31, 2016shares
Class of Stock [Line Items]
HPUs outstanding (in shares)	14,888
Common stock equivalent underlying HPUs (in shares)	2,800,000
Cash exchange rate for CSE underlying HPU (in dollars per share) | $ / shares	$ 9.30
Common stock exchange rate for CSE underlying HPU, Shares	0.7
HPU cash value acquired | $	$ 9.8
Stock issued during period (in shares)	1,200,000
Stock issued | $	$ 15.2
High performance units, value | $	$ 9.8
HPU
Class of Stock [Line Items]
Stock performance award, number of voting rights per share | vote		0.25
Percentage of holders with binding commitments to tender, cash redemption	37.00%
Percentage of holders with binding commitments to tender	63.00%
High Performance Unit Program
Class of Stock [Line Items]
Stock performance award initial purchase price of participant interest | $		$ 9.8
Stock performance award, number of plans, not meet performance thresholds | plan		4
High Performance Unit Program 2002 Plan | Employee Stock Performance Award Participant | HPU
Class of Stock [Line Items]
Stock performance award common stock shares basis for distribution calculation		819,254
Stock performance award, shares outstanding, number		5,000
High Performance Unit Program 2003 Plan | Employee Stock Performance Award Participant | HPU
Class of Stock [Line Items]
Stock performance award common stock shares basis for distribution calculation		987,149
Stock performance award, shares outstanding, number			5,000
High Performance Unit Program 2004 Plan | Employee Stock Performance Award Participant | HPU
Class of Stock [Line Items]
Stock performance award common stock shares basis for distribution calculation		1,031,875
Stock performance award, shares outstanding, number			5,000

Equity (Dividends) (Details)

Equity (Dividends) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Dividends [Abstract]
Minimum percentage of taxable income excluding capital gains	90.00%
Percentage of taxable income (including net capital gains) to be distributed in order to qualify as REIT	100.00%
Operating loss carryforwards		$ 902.9

Equity (Stock Repurchase Progra

Equity (Stock Repurchase Program) (Details) - USD ($) $ / shares in Units, shares in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Aug. 04, 2016	Feb. 29, 2016
Equity [Abstract]
Repurchase of common stock, authorized amount			$ 50,000,000	$ 50,000,000
Stock repurchased and retired during period, shares	10.2	5.7
Common stock value acquired including acquisition costs	$ 98,400,000	$ 70,400,000
Average cost per share	$ 9.67	$ 12.25
Available repurchase of common stock, authorized amount	$ 50,000,000

Equity (Accumulated Other Compr

Equity (Accumulated Other Comprehensive Income (Loss)) (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Class of Stock [Line Items]
Accumulated other comprehensive income (loss)	$ 1,059,684	$ 1,101,330	$ 1,248,348	$ 1,301,465
Accumulated other comprehensive income (loss)
Class of Stock [Line Items]
Accumulated other comprehensive income (loss)	(4,218)	(4,851)	$ (971)	$ (4,276)
Unrealized gains (losses) on available-for-sale securities
Class of Stock [Line Items]
Accumulated other comprehensive income (loss)	149	(125)
Unrealized gains (losses) on cash flow hedges
Class of Stock [Line Items]
Accumulated other comprehensive income (loss)	27	(690)
Unrealized losses on cumulative translation adjustment
Class of Stock [Line Items]
Accumulated other comprehensive income (loss)	$ (4,394)	$ (4,036)

Stock-Based Compensation Plan99

Stock-Based Compensation Plans and Employee Benefits (Stock-based Compensation) (Details) $ / shares in Units, $ in Thousands	Jun. 15, 2016shares	Jan. 29, 2016shares	Jan. 30, 2015Installmentshares	Jun. 30, 2016shares	Jan. 31, 2016$ / sharesshares	Jan. 31, 2015shares	May 31, 2014shares	Dec. 31, 2016USD ($)Installment$ / sharesshares	Dec. 31, 2015USD ($)$ / sharesshares	Dec. 31, 2014USD ($)$ / shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense | $								$ 10,889	$ 12,013	$ 13,314
Unrecognized compensation cost | $								$ 1,900
Weighted-average period to recognize the unrecognized compensation cost								2 years 25 days
Accrued expenses | $								$ 72,693	68,937
Weighted Average Grant Date Fair Value Per Share
Forfeited (in shares)								38,070
Employees
Weighted Average Grant Date Fair Value Per Share
Granted units	20,000
Shares issued (in shares)	12,030
Long-term Incentive Plan 2009
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized								8,000,000
Shares available for issuance								3,600,000
2013-2014 Performance Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of points issued (in shares)					10	10	73
Preferred return								9.00%
2015-2016 Performance Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of points issued (in shares)				2.5	40	34
All Performance Incentive Plans
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Accrued expenses | $								$ 22,400	16,600
Common stock subject to sales restriction | Employees
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares issued								92,057
Non-vested, aggregate intrinsic value | $								$ 700
Restricted shares awarded								58,667
Sale restriction period								18 months
Weighted Average Grant Date Fair Value Per Share
Non-vested at End of Period (in dollars per share) | $ / shares								$ 8.46
Restricted stock units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Non-vested, aggregate intrinsic value | $								$ 3,578	$ 4,991
Number of Shares
Non-vested at Beginning of Period (in shares)					426,000			426,000
Granted (in shares)								223,000
Vested (in shares)								(277,000)
Forfeited (in shares)								(82,000)
Non-vested at End of Period (in shares)								290,000	426,000
Weighted Average Grant Date Fair Value Per Share
Non-vested at Beginning of Period (in dollars per share) | $ / shares					$ 12.90			$ 12.90
Granted (in dollars per share) | $ / shares								10.11	$ 13.65	$ 15.31
Vested (in dollars per share) | $ / shares								10.91
Forfeited (in dollars per share) | $ / shares								17.49
Non-vested at End of Period (in dollars per share) | $ / shares								$ 11.33	$ 12.90
Fair value of units vested during period | $								$ 2,900	$ 100	$ 39,200
Service Based Restricted Stock Units Vesting on each Anniversary Date
Weighted Average Grant Date Fair Value Per Share
Vesting period								4 years
Service Based Restricted Stock Units Vesting on each Anniversary Date | Employees
Number of Shares
Non-vested at End of Period (in shares)								80,000
Weighted Average Grant Date Fair Value Per Share
Granted units	80,000
Service Based Restricted Stock Units Vesting on December 31, 2018 | Employees
Number of Shares
Non-vested at End of Period (in shares)								109,417
Weighted Average Grant Date Fair Value Per Share
Granted units		122,817
Number of cliff installments | Installment								1
Performance based restricted stock units vesting on December 31, 2017 | Employees
Number of Shares
Non-vested at End of Period (in shares)			39,071
Weighted Average Grant Date Fair Value Per Share
Risk-free interest rate			0.75%
Expected stock price volatility			28.14%
Performance based restricted stock units vesting on December 31, 2017 | Employees | Minimum
Weighted Average Grant Date Fair Value Per Share
Vesting percentage			0.00%					0.00%
Performance based restricted stock units vesting on December 31, 2017 | Employees | Maximum
Weighted Average Grant Date Fair Value Per Share
Vesting percentage			200.00%					200.00%
Service based restricted stock units vesting on December 31, 2017 | Employees
Number of Shares
Non-vested at End of Period (in shares)			56,020
Weighted Average Grant Date Fair Value Per Share
Number of cliff installments | Installment			1
Service based restricted stock units with specified vesting dates | Employees
Weighted Average Grant Date Fair Value Per Share
Vesting period								3 years
Service based restricted stock units with specified vesting dates | Employees 2
Number of Shares
Non-vested at End of Period (in shares)								4,751

Stock-Based Compensation Pla100

Stock-Based Compensation Plans and Employee Benefits (Directors' Awards) (Details) - Director [Member] $ / shares in Units, $ in Millions	12 Months Ended
	Dec. 31, 2016USD ($)$ / sharesshares
CSE
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares granted	12,953
Vesting period	7 months 15 days
Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares granted	72,537
Vesting period	1 year
CSE and Restricted Stock Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options, grants in period, weighted average grant date fair value (in dollars per share) | $ / shares	$ 9.65
Non-vested, outstanding (in shares)	333,384
Aggregate intrinsic value for directors | $	$ 4.1

Stock-Based Compensation Pla101

Stock-Based Compensation Plans and Employee Benefits (401(k) Plan) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Requisite service period	3 months
Defined contribution plan maximum percentage of matching contribution	50.00%
Defined contribution plan maximum percentage of employee compensation	10.00%
Gross contributions made by the Company	$ 1	$ 1	$ 0.9

Earnings Per Share (Schedule of

Earnings Per Share (Schedule of Earnings Per Share) (Details) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Income (loss) from operations			$ (5,114)	$ (99,973)	$ (74,178)
Income from sales of real estate			105,296	93,816	89,943
Net (income) loss attributable to noncontrolling interests			(4,876)	3,722	704
Preferred dividends			(51,320)	(51,320)	(51,320)
Income (loss) from continuing operations attributable to iStar Inc. and allocable to common shareholders, HPU holders and Participating Security Holders for basic earnings per common share			43,986	(53,755)	(34,851)
Income (loss) from continuing operations attributable to iStar Inc. and allocable to common shareholders, HPU holders and Participating Security Holders for diluted earnings per common share			54,139	(53,755)	(34,851)
Undistributed earnings (loss) allocated to participating securities, basic	$ 20	$ 5	14
Undistributed earnings (loss) allocated to participating securities, diluted	$ 14	$ 5	13
Joint venture shares
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Dilutive securities, effect on basic earnings per share, dilutive convertible securities			7	0	0
1.50% convertible senior unsecured notes
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Dilutive securities, effect on basic earnings per share, dilutive convertible securities			$ 3,907	0	0
Stated interest rates			1.50%
3.00% convertible senior unsecured notes
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Dilutive securities, effect on basic earnings per share, dilutive convertible securities			$ 6,239	$ 0	$ 0
Stated interest rates			3.00%

Earnings Per Share (Earnings Al

Earnings Per Share (Earnings Allocable to Common Shares) (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands		3 Months Ended								12 Months Ended
		Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Denominator for basic and diluted earnings per share:
Weighted average number of shares, Basic (in shares)										73,453	84,987	85,031
Weighted average common shares outstanding for diluted earnings per common share (in shares)										98,467	84,987	85,031
Basic earnings per common share:
Income (loss) from continuing operations attributable to iStar Inc. and allocable to common shareholders (in dollars per share)										$ 0.60	$ (0.62)	$ (0.40)
Earnings per share, basic (in dollars per share)										0.60	(0.62)	(0.40)
Diluted earnings per common share:
Income (loss) from continuing operations attributable to iStar Inc. and allocable to common shareholders (in dollars per share)										0.55	(0.62)	(0.40)
Net income (loss) attributable to iStar Inc. and allocable to common shareholders (in dollars per share)										$ 0.55	$ (0.62)	$ (0.40)
Denominator for basic and diluted earnings per HPU share:
Weighted average HPUs outstanding for basic and diluted earnings per share (in shares)	[1]									0	9	15
Basic and diluted earnings per HPU share:
Net income (loss) attributable to iStar Inc. and allocable to HPU holders (in dollars per share)	[1]									$ 0	$ (120)	$ (75.27)
Common Stock
Denominator for basic and diluted earnings per share:
Weighted average number of shares, Basic (in shares)		71,603	71,210	73,984	77,060	83,162	85,766	85,541	85,497	73,453	84,987	85,031
Add: Effect of assumed shares issued under treasury stock method or restricted stock units (in shares)										84	0	0
Weighted average common shares outstanding for diluted earnings per common share (in shares)		71,603	115,666	118,510	77,060	83,581	85,766	85,541	85,497	98,467	84,987	85,031
Basic earnings per common share:
Income (loss) from continuing operations attributable to iStar Inc. and allocable to common shareholders (in dollars per share)										$ 0.60	$ (0.62)	$ (0.40)
Earnings per share, basic (in dollars per share)		$ (0.27)	$ 0.65	$ 0.52	$ (0.27)	$ 0.09	$ (0.07)	$ (0.36)	$ (0.26)	0.60	(0.62)	(0.40)
Diluted earnings per common share:
Income (loss) from continuing operations attributable to iStar Inc. and allocable to common shareholders (in dollars per share)										0.55	(0.62)	(0.40)
Net income (loss) attributable to iStar Inc. and allocable to common shareholders (in dollars per share)		$ (0.27)	$ 0.44	$ 0.37	$ (0.27)	$ 0.09	$ (0.07)	$ (0.36)	$ (0.26)	0.55	(0.62)	(0.40)
HPU's
Denominator for basic and diluted earnings per HPU share:
Weighted average HPUs outstanding for basic and diluted earnings per share (in shares)						0	7	15	15
Basic and diluted earnings per HPU share:
Net income (loss) attributable to iStar Inc. and allocable to HPU holders (in dollars per share)										$ 0	$ (120)	$ (75.27)
Basic | Common Stock
Numerator for basic earnings per share:
Income (loss) from operations attributable to iStar Inc. and allocable to common shareholders										$ 43,972	$ (52,675)	$ (33,722)
Net income (loss) attributable to iStar Inc. and allocable to common shareholders										43,972	(52,675)	(33,722)
Diluted | Common Stock
Numerator for basic earnings per share:
Income (loss) from operations attributable to iStar Inc. and allocable to common shareholders										54,126	(52,675)	(33,722)
Net income (loss) attributable to iStar Inc. and allocable to common shareholders										54,126	(52,675)	(33,722)
Basic and Diluted | HPU's
Numerator for basic and diluted earnings per HPU share:
Net income (loss) attributable to iStar Inc. and allocable to HPU holders										$ 0	$ (1,080)	$ (1,129)
Denominator for basic and diluted earnings per HPU share:
Weighted average HPUs outstanding for basic and diluted earnings per share (in shares)										0	9	15
Joint venture shares | Common Stock
Denominator for basic and diluted earnings per share:
Add: Effect of joint venture shares (in shares)										298	0	0
1.50% convertible senior unsecured notes | Common Stock
Denominator for basic and diluted earnings per share:
Add: Effect of senior convertible unsecured notes (in shares)										9,868	0	0
3.00% convertible senior unsecured notes | Common Stock
Denominator for basic and diluted earnings per share:
Add: Effect of senior convertible unsecured notes (in shares)										14,764	0	0
[1]	All of the Company's outstanding High Performance Units ("HPUs") were repurchased and retired on August 13, 2015 (refer to Note 13).

Earnings Per Share (Anti-diluti

Earnings Per Share (Anti-dilutive Shares) (Details) - shares shares in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Joint venture shares
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive shares	0	298	298
3.00% convertible senior unsecured notes
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive shares	0
3.00% senior convertible notes
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive shares		16,992	16,992
Series J convertible perpetual preferred stock
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive shares	15,635	15,635	15,635
1.50% convertible senior unsecured notes
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive shares	0	11,567	11,567
Unvested Time Based Units
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive shares	16
Market-based Units
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive shares	125

Fair Values (Schedule of Fair V

Fair Values (Schedule of Fair Value Measurement) (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2016USD ($)real_estate_asset	Dec. 31, 2015USD ($)Loan
Assets and liabilities recorded at fair value
Sellout period	2 years
Recurring basis | Quoted market prices in active markets (Level 1)
Assets and liabilities recorded at fair value
Derivative assets	$ 0	$ 0
Derivative liabilities	0	0
Available-for-sale securities	0	0
Recurring basis | Significant other observable inputs (Level 2)
Assets and liabilities recorded at fair value
Derivative assets	727	1,522
Derivative liabilities	47	131
Available-for-sale securities	0	0
Recurring basis | Significant unobservable inputs (Level 3)
Assets and liabilities recorded at fair value
Derivative assets	0	0
Derivative liabilities	0	0
Available-for-sale securities	21,666	1,161
Recurring basis | Total
Assets and liabilities recorded at fair value
Derivative assets	727	1,522
Derivative liabilities	47	131
Available-for-sale securities	21,666	1,161
Non-recurring basis | Liquidation | Loans Receivable One
Assets and liabilities recorded at fair value
Impaired loans	5,200
Non-recurring basis | Comparable sales | Loans Receivable
Assets and liabilities recorded at fair value
Impaired loans	2,000
Non-recurring basis | Discounted cash flow | Loans Receivable
Assets and liabilities recorded at fair value
Impaired loans		$ 3,200
Weighted average discount rate		14.00%
Number of impaired loans | Loan		1
Non-recurring basis | Quoted market prices in active markets (Level 1)
Assets and liabilities recorded at fair value
Impaired loans	0	$ 0
Impaired real estate	0
Non-recurring basis | Significant other observable inputs (Level 2)
Assets and liabilities recorded at fair value
Impaired loans	0	0
Impaired real estate	0
Non-recurring basis | Significant unobservable inputs (Level 3)
Assets and liabilities recorded at fair value
Impaired loans	7,200	3,200
Impaired real estate	$ 3,063
Number of impaired loans | real_estate_asset	1
Non-recurring basis | Total
Assets and liabilities recorded at fair value
Impaired loans	$ 7,200	$ 3,200
Impaired real estate	$ 3,063
Weighted average discount rate	11.00%

Fair Values (Schedule of Level

Fair Values (Schedule of Level 3 Assets) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	$ 1,161	$ 1,167
Purchases	20,240	0
Repayments	(10)	(10)
Unrealized gains recorded in other comprehensive income	275	4
Ending balance	$ 21,666	$ 1,161

Fair Values (Narrative) (Detail

Fair Values (Narrative) (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Financial assets:
Loans receivable and other lending investments, net	$ 1,450,439	$ 1,601,985
Financial liabilities:
Debt obligations, net	3,389,908	4,118,823
Fair Value
Financial assets:
Loans receivable and other lending investments, net	1,500,000	1,600,000
Financial liabilities:
Debt obligations, net	$ 3,600,000	$ 4,300,000

Segment Reporting (Schedule of

Segment Reporting (Schedule of Segments) (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2016USD ($)segments	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)
Segment Reporting [Abstract]
Number of reportable segments | segments	4
Segment Reporting
Operating lease income	$ 213,018	$ 229,720	$ 243,100
Interest income	129,153	134,687	122,704
Other income	46,515	49,931	81,033
Land development revenue	88,340	100,216	15,191
Earnings (loss) from equity method investments	77,349	32,153	94,905
Income from sales of real estate	105,296	93,816	89,943
Total revenue and other earnings	659,671	640,523	646,876
Real estate expense	(138,422)	(146,750)	(163,389)
Land development cost of sales	(62,007)	(67,382)	(12,840)
Other expense	(5,883)	(6,374)	(6,340)
Allocated interest expense	(221,398)	(224,639)	(224,483)
Allocated general and administrative	(73,138)	(69,264)	(74,973)
Segment profit (loss)	158,823	126,114	164,851
(Recovery of) provision for loan losses	(12,514)	36,567	(1,714)
Impairment of assets	14,484	10,524	34,634
Depreciation and amortization	54,329	65,247	73,571
Capitalized expenditures	169,999	183,269	145,238
Real estate, net	1,491,752	1,593,983
Real estate available and held for sale	83,764	137,274
Total real estate	1,575,516	1,731,257
Land and development, net	945,565	1,001,963
Loans receivable and other lending investments, net	1,450,439	1,601,985
Other investments	214,406	254,172
Total portfolio assets	4,185,926	4,589,377
Cash and other assets	639,588	1,008,415
Total assets	4,825,514	5,597,792
Stock-based compensation expense	10,889	12,013	13,314
Land and Development
Segment Reporting
Income from sales of real estate	26,333	32,834	2,351
Operating Segments | Real Estate Finance
Segment Reporting
Operating lease income	0	0	0
Interest income	129,153	134,687	122,704
Other income	4,658	9,737	21,217
Land development revenue	0	0	0
Earnings (loss) from equity method investments	0	0	0
Income from sales of real estate	0	0	0
Total revenue and other earnings	133,811	144,424	143,921
Real estate expense	0	0	0
Land development cost of sales	0	0	0
Other expense	(2,719)	(2,291)	(243)
Allocated interest expense	(57,787)	(57,109)	(58,043)
Allocated general and administrative	(15,311)	(13,128)	(13,211)
Segment profit (loss)	57,994	71,896	72,424
(Recovery of) provision for loan losses	(12,514)	36,567	(1,714)
Impairment of assets	0	0	0
Depreciation and amortization	0	0	0
Capitalized expenditures	0	0	0
Real estate, net	0	0
Real estate available and held for sale	0	0
Total real estate	0	0
Land and development, net	0	0
Loans receivable and other lending investments, net	1,450,439	1,601,985
Other investments	0	0
Total portfolio assets	1,450,439	1,601,985
Total assets
Operating Segments | Net Lease
Segment Reporting
Operating lease income	148,002	151,481	151,934
Interest income	0	0	0
Other income	1,633	357	4,437
Land development revenue	0	0	0
Earnings (loss) from equity method investments	3,567	5,221	3,260
Income from sales of real estate	21,138	40,082	6,206
Total revenue and other earnings	174,340	197,141	165,837
Real estate expense	(19,058)	(21,855)	(22,967)
Land development cost of sales	0	0	0
Other expense	0	0	0
Allocated interest expense	(65,880)	(66,504)	(72,089)
Allocated general and administrative	(17,585)	(15,569)	(16,603)
Segment profit (loss)	71,817	93,213	54,178
(Recovery of) provision for loan losses	0	0	0
Impairment of assets	4,829	0	3,689
Depreciation and amortization	34,049	38,138	38,841
Capitalized expenditures	3,667	4,195	3,933
Real estate, net	1,015,590	1,112,479
Real estate available and held for sale	1,284	0
Total real estate	1,016,874	1,112,479
Land and development, net	0	0
Loans receivable and other lending investments, net	0	0
Other investments	92,669	69,096
Total portfolio assets	1,109,543	1,181,575
Total assets
Operating Segments | Operating Properties
Segment Reporting
Operating lease income	64,593	77,454	90,331
Interest income	0	0	0
Other income	33,216	34,637	42,000
Land development revenue	0	0	0
Earnings (loss) from equity method investments	33,863	1,663	1,669
Income from sales of real estate	75,357	53,734	83,737
Total revenue and other earnings	207,029	167,488	217,737
Real estate expense	(82,401)	(95,888)	(113,504)
Land development cost of sales	0	0	0
Other expense	0	0	0
Allocated interest expense	(23,156)	(28,014)	(39,535)
Allocated general and administrative	(6,574)	(6,988)	(9,608)
Segment profit (loss)	94,898	36,598	55,090
(Recovery of) provision for loan losses	0	0	0
Impairment of assets	5,855	5,935	8,131
Depreciation and amortization	17,887	24,548	32,142
Capitalized expenditures	56,784	84,103	61,186
Real estate, net	476,162	481,504
Real estate available and held for sale	82,480	137,274
Total real estate	558,642	618,778
Land and development, net	0	0
Loans receivable and other lending investments, net	0	0
Other investments	3,583	11,124
Total portfolio assets	562,225	629,902
Total assets
Operating Segments | Land and Development
Segment Reporting
Operating lease income	423	785	835
Interest income	0	0	0
Other income	3,170	1,219	3,327
Land development revenue	88,340	100,216	15,191
Earnings (loss) from equity method investments	30,012	16,683	14,966
Income from sales of real estate	8,801	0	0
Total revenue and other earnings	130,746	118,903	34,319
Real estate expense	(36,963)	(29,007)	(26,918)
Land development cost of sales	(62,007)	(67,382)	(12,840)
Other expense	0	0	0
Allocated interest expense	(34,888)	(32,087)	(29,432)
Allocated general and administrative	(13,693)	(11,488)	(13,062)
Segment profit (loss)	(16,805)	(21,061)	(47,933)
(Recovery of) provision for loan losses	0	0	0
Impairment of assets	3,800	4,589	22,814
Depreciation and amortization	1,296	1,422	1,440
Capitalized expenditures	109,548	94,971	80,119
Real estate, net	0	0
Real estate available and held for sale	0	0
Total real estate	0	0
Land and development, net	945,565	1,001,963
Loans receivable and other lending investments, net	0	0
Other investments	84,804	100,419
Total portfolio assets	1,030,369	1,102,382
Total assets
Corporate/Other
Segment Reporting
Operating lease income	0	0	0
Interest income	0	0	0
Other income	3,838	3,981	10,052
Land development revenue	0	0	0
Earnings (loss) from equity method investments	9,907	8,586	75,010
Income from sales of real estate	0	0	0
Total revenue and other earnings	13,745	12,567	85,062
Real estate expense	0	0	0
Land development cost of sales	0	0	0
Other expense	(3,164)	(4,083)	(6,097)
Allocated interest expense	(39,687)	(40,925)	(25,384)
Allocated general and administrative	(19,975)	(22,091)	(22,489)
Segment profit (loss)	(49,081)	(54,532)	31,092
(Recovery of) provision for loan losses	0	0	0
Impairment of assets	0	0	0
Depreciation and amortization	1,097	1,139	1,148
Capitalized expenditures	0	0	$ 0
Real estate, net	0	0
Real estate available and held for sale	0	0
Total real estate	0	0
Land and development, net	0	0
Loans receivable and other lending investments, net	0	0
Other investments	33,350	73,533
Total portfolio assets	$ 33,350	73,533
Total assets

Segment Reporting (Reconciliati

Segment Reporting (Reconciliation of Segment Profit (Loss)) (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Reconciliation of segment profit (loss) to income (loss) from continuing operations
Segment profit									$ 158,823	$ 126,114	$ 164,851
Less: Recovery of (provision for) loan losses									(12,514)	36,567	(1,714)
Less: Impairment of assets									14,484	10,524	34,634
Less: Depreciation and amortization									(54,329)	(65,247)	(73,571)
Less: Stock-based compensation expense									(10,889)	(12,013)	(13,314)
Less: Income tax benefit (expense)									(10,166)	7,639	3,912
Less: Loss on early extinguishment of debt, net									(1,619)	(281)	(25,369)
Net income (loss)	$ (8,461)	$ 58,155	$ 59,787	$ (9,299)	$ 19,974	$ 5,958	$ (19,776)	$ (12,313)	$ 100,182	$ (6,157)	$ 15,765

Quarterly Financial Informat110

Quarterly Financial Information (Unaudited) (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands		3 Months Ended								12 Months Ended
		Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Class of Stock [Line Items]
Revenue		$ 106,811	$ 128,668	$ 126,903	$ 114,644	$ 172,025	$ 120,487	$ 109,185	$ 112,857	$ 477,026	$ 514,554	$ 462,028
Net income (loss)		(8,461)	58,155	59,787	(9,299)	19,974	5,958	(19,776)	(12,313)	100,182	(6,157)	15,765
Earnings per common share data:
Net income (loss) attributable to iStar Inc.										$ 95,306	$ (2,435)	$ 16,469
Basic (in dollars per share)										$ 0.60	$ (0.62)	$ (0.40)
Diluted (in dollars per share)										$ 0.55	$ (0.62)	$ (0.40)
Weighted average number of shares, Basic (in shares)										73,453	84,987	85,031
Weighted average number of shares, Diluted										98,467	84,987	85,031
Earnings per HPU share data:
Basic and diluted (in dollars per share)	[1]									$ 0	$ (120)	$ (75.27)
Weighted average number of HPU shares—basic and diluted	[1]									0	9	15
Undistributed earnings (loss) allocated to participating securities, basic				20		5				$ 14
Undistributed earnings (loss) allocated to participating securities, diluted				14		5				$ 13
Common Stock
Earnings per common share data:
Net income (loss) attributable to iStar Inc.		(19,252)	46,292	38,112	(21,187)	7,685	(6,072)	(30,950)	(22,553)
Net income (loss) attributable to iStar Inc., diluted		$ (19,252)	$ 51,453	$ 43,293	$ (21,187)	$ 7,684	$ (6,072)	$ (30,950)	$ (22,553)
Basic (in dollars per share)		$ (0.27)	$ 0.65	$ 0.52	$ (0.27)	$ 0.09	$ (0.07)	$ (0.36)	$ (0.26)	$ 0.60	$ (0.62)	$ (0.40)
Diluted (in dollars per share)		$ (0.27)	$ 0.44	$ 0.37	$ (0.27)	$ 0.09	$ (0.07)	$ (0.36)	$ (0.26)	$ 0.55	$ (0.62)	$ (0.40)
Weighted average number of shares, Basic (in shares)		71,603	71,210	73,984	77,060	83,162	85,766	85,541	85,497	73,453	84,987	85,031
Weighted average number of shares, Diluted		71,603	115,666	118,510	77,060	83,581	85,766	85,541	85,497	98,467	84,987	85,031
HPU
Earnings per HPU share data:
Net income (loss) attributable to iStar Inc.						$ 0	$ (94)	$ (1,027)	$ (749)
Basic and diluted (in dollars per share)						$ 0	$ (13.41)	$ (68.47)	$ (49.93)
Weighted average number of HPU shares—basic and diluted						0	7	15	15
[1]	All of the Company's outstanding High Performance Units ("HPUs") were repurchased and retired on August 13, 2015 (refer to Note 13).

Schedule II - Valuation and 111

Schedule II - Valuation and Qualifying Accounts and Reserves (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2016
Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at Beginning of Period	$ 165,459	$ 156,454	$ 439,323
Charged to Costs and Expenses	(8,296)	37,616	(5,886)
Adjustments to Valuation Accounts	15,838	(98)	4,302
Deductions	(18,370)	(28,513)	(281,285)
Balance at End of Period	165,459	156,454	439,323	$ 154,631
Reserve for loan losses
Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at Beginning of Period	108,165	98,490	377,204
Charged to Costs and Expenses	(12,514)	36,567	(1,714)
Adjustments to Valuation Accounts	0	0	0
Deductions	(10,106)	(26,892)	(277,000)
Balance at End of Period	108,165	98,490	377,204	85,545
Allowance for doubtful accounts
Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at Beginning of Period	3,384	3,646	5,857
Charged to Costs and Expenses	985	1,359	2,074
Adjustments to Valuation Accounts	0	0	0
Deductions	(1,781)	(1,621)	(4,285)
Balance at End of Period	3,384	3,646	5,857	2,588
Allowance for deferred tax assets
Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at Beginning of Period	53,910	54,318	56,262
Charged to Costs and Expenses	3,233	(310)	(6,246)
Adjustments to Valuation Accounts	15,838	(98)	4,302
Deductions	(6,483)	0	0
Balance at End of Period	$ 53,910	$ 54,318	$ 56,262	$ 66,498

Schedule III - Real Estate a112

Schedule III - Real Estate and Accumulated Depreciation - Schedule of Real Estate Assets (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 249,987
Initial Cost to Company, Land	1,408,355
Initial Cost to Company, Building and Improvements	1,506,299
Cost Capitalized Subsequent to Acquisition	32,535
Gross Amount Carried at Close of Period, Land	1,362,977
Gross Amount Carried at Close of Period, Building and Improvements	1,584,212
Gross Amount Carried at Close of Period, Total	2,947,189	$ 3,200,342	$ 3,444,676	$ 3,589,072
Accumulated Depreciation	426,108	$ 467,122	$ 481,980	$ 432,374
Properties pledged as collateral	633,000
Aggregate cost for federal income tax purposes	3,140,000
Office Facilities
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	94,256
Initial Cost to Company, Land	24,664
Initial Cost to Company, Building and Improvements	273,323
Cost Capitalized Subsequent to Acquisition	18,896
Gross Amount Carried at Close of Period, Land	25,671
Gross Amount Carried at Close of Period, Building and Improvements	291,212
Gross Amount Carried at Close of Period, Total	316,883
Accumulated Depreciation	109,485
Office Facilities | Arizona OAZ 002
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost to Company, Land	1,033
Initial Cost to Company, Building and Improvements	6,652
Cost Capitalized Subsequent to Acquisition	2,938
Gross Amount Carried at Close of Period, Land	1,033
Gross Amount Carried at Close of Period, Building and Improvements	9,590
Gross Amount Carried at Close of Period, Total	10,623
Accumulated Depreciation	$ 3,503
Depreciable Life	40 years
Office Facilities | Arizona OAZ 003
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	1,033
Initial Cost to Company, Building and Improvements	6,652
Cost Capitalized Subsequent to Acquisition	287
Gross Amount Carried at Close of Period, Land	1,033
Gross Amount Carried at Close of Period, Building and Improvements	6,939
Gross Amount Carried at Close of Period, Total	7,972
Accumulated Depreciation	$ 2,954
Depreciable Life	40 years
Office Facilities | Arizona OAZ 004
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	1,033
Initial Cost to Company, Building and Improvements	6,652
Cost Capitalized Subsequent to Acquisition	205
Gross Amount Carried at Close of Period, Land	1,033
Gross Amount Carried at Close of Period, Building and Improvements	6,857
Gross Amount Carried at Close of Period, Total	7,890
Accumulated Depreciation	$ 2,941
Depreciable Life	40 years
Office Facilities | Arizona OAZ 005
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	701
Initial Cost to Company, Building and Improvements	4,339
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	701
Gross Amount Carried at Close of Period, Building and Improvements	4,339
Gross Amount Carried at Close of Period, Total	5,040
Accumulated Depreciation	$ 1,862
Depreciable Life	40 years
Office Facilities | Colorado OCO 001
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	1,757
Initial Cost to Company, Building and Improvements	16,930
Cost Capitalized Subsequent to Acquisition	6,503
Gross Amount Carried at Close of Period, Land	1,757
Gross Amount Carried at Close of Period, Building and Improvements	23,433
Gross Amount Carried at Close of Period, Total	25,190
Accumulated Depreciation	$ 11,070
Depreciable Life	40 years
Office Facilities | Colorado OCO 002
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 2,795
Initial Cost to Company, Land	0
Initial Cost to Company, Building and Improvements	16,752
Cost Capitalized Subsequent to Acquisition	48
Gross Amount Carried at Close of Period, Land	0
Gross Amount Carried at Close of Period, Building and Improvements	16,800
Gross Amount Carried at Close of Period, Total	16,800
Accumulated Depreciation	$ 6,196
Depreciable Life	40 years
Office Facilities | Maryland OMD 001
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 10,124
Initial Cost to Company, Land	1,800
Initial Cost to Company, Building and Improvements	18,706
Cost Capitalized Subsequent to Acquisition	743
Gross Amount Carried at Close of Period, Land	1,800
Gross Amount Carried at Close of Period, Building and Improvements	19,449
Gross Amount Carried at Close of Period, Total	21,249
Accumulated Depreciation	$ 7,067
Depreciable Life	40 years
Office Facilities | Massachusetts OMA 001
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 10,125
Initial Cost to Company, Land	1,600
Initial Cost to Company, Building and Improvements	21,947
Cost Capitalized Subsequent to Acquisition	285
Gross Amount Carried at Close of Period, Land	1,600
Gross Amount Carried at Close of Period, Building and Improvements	22,232
Gross Amount Carried at Close of Period, Total	23,832
Accumulated Depreciation	$ 8,280
Depreciable Life	40 years
Office Facilities | New Jersey ONJ 001
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 50,877
Initial Cost to Company, Land	7,726
Initial Cost to Company, Building and Improvements	74,429
Cost Capitalized Subsequent to Acquisition	10
Gross Amount Carried at Close of Period, Land	7,724
Gross Amount Carried at Close of Period, Building and Improvements	74,441
Gross Amount Carried at Close of Period, Total	82,165
Accumulated Depreciation	$ 26,169
Depreciable Life	40 years
Office Facilities | New Jersey ONJ 002
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 9,139
Initial Cost to Company, Land	1,008
Initial Cost to Company, Building and Improvements	13,763
Cost Capitalized Subsequent to Acquisition	180
Gross Amount Carried at Close of Period, Land	1,008
Gross Amount Carried at Close of Period, Building and Improvements	13,943
Gross Amount Carried at Close of Period, Total	14,951
Accumulated Depreciation	$ 4,424
Depreciable Life	40 years
Office Facilities | New Jersey ONJ 003
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 11,196
Initial Cost to Company, Land	2,456
Initial Cost to Company, Building and Improvements	28,955
Cost Capitalized Subsequent to Acquisition	774
Gross Amount Carried at Close of Period, Land	2,456
Gross Amount Carried at Close of Period, Building and Improvements	29,729
Gross Amount Carried at Close of Period, Total	32,185
Accumulated Depreciation	$ 9,480
Depreciable Life	40 years
Office Facilities | Pennsylvania OPA 001
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	690
Initial Cost to Company, Building and Improvements	26,098
Cost Capitalized Subsequent to Acquisition	(49)
Gross Amount Carried at Close of Period, Land	690
Gross Amount Carried at Close of Period, Building and Improvements	26,049
Gross Amount Carried at Close of Period, Total	26,739
Accumulated Depreciation	$ 9,958
Depreciable Life	40 years
Office Facilities | Texas OTX 001
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	1,364
Initial Cost to Company, Building and Improvements	10,628
Cost Capitalized Subsequent to Acquisition	5,780
Gross Amount Carried at Close of Period, Land	2,373
Gross Amount Carried at Close of Period, Building and Improvements	15,399
Gross Amount Carried at Close of Period, Total	17,772
Accumulated Depreciation	$ 6,711
Depreciable Life	40 years
Office Facilities | Texas OTX 002
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	1,233
Initial Cost to Company, Building and Improvements	15,160
Cost Capitalized Subsequent to Acquisition	146
Gross Amount Carried at Close of Period, Land	1,233
Gross Amount Carried at Close of Period, Building and Improvements	15,306
Gross Amount Carried at Close of Period, Total	16,539
Accumulated Depreciation	$ 6,248
Depreciable Life	40 years
Office Facilities | Texas OTX 004
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	1,230
Initial Cost to Company, Building and Improvements	5,660
Cost Capitalized Subsequent to Acquisition	1,046
Gross Amount Carried at Close of Period, Land	1,230
Gross Amount Carried at Close of Period, Building and Improvements	6,706
Gross Amount Carried at Close of Period, Total	7,936
Accumulated Depreciation	$ 2,622
Depreciable Life	40 years
Industrial Facilities
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 155,731
Initial Cost to Company, Land	76,845
Initial Cost to Company, Building and Improvements	281,977
Cost Capitalized Subsequent to Acquisition	62,289
Gross Amount Carried at Close of Period, Land	76,797
Gross Amount Carried at Close of Period, Building and Improvements	344,314
Gross Amount Carried at Close of Period, Total	421,111
Accumulated Depreciation	90,698
Industrial Facilities | Arizona IAZ 001
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost to Company, Land	2,519
Initial Cost to Company, Building and Improvements	7,481
Cost Capitalized Subsequent to Acquisition	1,686
Gross Amount Carried at Close of Period, Land	2,519
Gross Amount Carried at Close of Period, Building and Improvements	9,167
Gross Amount Carried at Close of Period, Total	11,686
Accumulated Depreciation	$ 2,128
Depreciable Life	40 years
Industrial Facilities | Arizona IAZ 002
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	3,279
Initial Cost to Company, Building and Improvements	5,221
Cost Capitalized Subsequent to Acquisition	4,576
Gross Amount Carried at Close of Period, Land	3,279
Gross Amount Carried at Close of Period, Building and Improvements	9,797
Gross Amount Carried at Close of Period, Total	13,076
Accumulated Depreciation	$ 2,407
Depreciable Life	40 years
Industrial Facilities | California ICA 001
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 17,100
Initial Cost to Company, Land	11,635
Initial Cost to Company, Building and Improvements	19,515
Cost Capitalized Subsequent to Acquisition	5,943
Gross Amount Carried at Close of Period, Land	11,635
Gross Amount Carried at Close of Period, Building and Improvements	25,458
Gross Amount Carried at Close of Period, Total	37,093
Accumulated Depreciation	$ 5,768
Depreciable Life	40 years
Industrial Facilities | California ICA 006
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	1,086
Initial Cost to Company, Building and Improvements	7,964
Cost Capitalized Subsequent to Acquisition	2,968
Gross Amount Carried at Close of Period, Land	1,086
Gross Amount Carried at Close of Period, Building and Improvements	10,932
Gross Amount Carried at Close of Period, Total	12,018
Accumulated Depreciation	$ 5,494
Depreciable Life	40 years
Industrial Facilities | California ICA 016
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 26,396
Initial Cost to Company, Land	15,708
Initial Cost to Company, Building and Improvements	27,987
Cost Capitalized Subsequent to Acquisition	8,398
Gross Amount Carried at Close of Period, Land	15,708
Gross Amount Carried at Close of Period, Building and Improvements	36,385
Gross Amount Carried at Close of Period, Total	52,093
Accumulated Depreciation	$ 18,532
Depreciable Life	40 years
Industrial Facilities | Colorado ICO 001
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	832
Initial Cost to Company, Building and Improvements	1,379
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	832
Gross Amount Carried at Close of Period, Building and Improvements	1,379
Gross Amount Carried at Close of Period, Total	2,211
Accumulated Depreciation	$ 358
Depreciable Life	40 years
Industrial Facilities | Florida IFL 002
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 14,814
Initial Cost to Company, Land	3,510
Initial Cost to Company, Building and Improvements	20,846
Cost Capitalized Subsequent to Acquisition	8,279
Gross Amount Carried at Close of Period, Land	3,510
Gross Amount Carried at Close of Period, Building and Improvements	29,125
Gross Amount Carried at Close of Period, Total	32,635
Accumulated Depreciation	$ 6,251
Depreciable Life	40 years
Industrial Facilities | Florida IFL 004
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	3,048
Initial Cost to Company, Building and Improvements	8,676
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	3,048
Gross Amount Carried at Close of Period, Building and Improvements	8,676
Gross Amount Carried at Close of Period, Total	11,724
Accumulated Depreciation	$ 3,723
Depreciable Life	40 years
Industrial Facilities | Florida IFL 005
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	1,612
Initial Cost to Company, Building and Improvements	4,586
Cost Capitalized Subsequent to Acquisition	(1,408)
Gross Amount Carried at Close of Period, Land	1,241
Gross Amount Carried at Close of Period, Building and Improvements	3,549
Gross Amount Carried at Close of Period, Total	4,790
Accumulated Depreciation	$ 998
Depreciable Life	40 years
Industrial Facilities | Georgia IGA 001
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 12,894
Initial Cost to Company, Land	2,791
Initial Cost to Company, Building and Improvements	24,637
Cost Capitalized Subsequent to Acquisition	349
Gross Amount Carried at Close of Period, Land	2,791
Gross Amount Carried at Close of Period, Building and Improvements	24,986
Gross Amount Carried at Close of Period, Total	27,777
Accumulated Depreciation	$ 5,737
Depreciable Life	40 years
Industrial Facilities | Indiana IIN 001
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	462
Initial Cost to Company, Building and Improvements	9,224
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	462
Gross Amount Carried at Close of Period, Building and Improvements	9,224
Gross Amount Carried at Close of Period, Total	9,686
Accumulated Depreciation	$ 2,888
Depreciable Life	40 years
Industrial Facilities | Massachusetts IMA 001
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 17,741
Initial Cost to Company, Land	7,439
Initial Cost to Company, Building and Improvements	21,774
Cost Capitalized Subsequent to Acquisition	10,979
Gross Amount Carried at Close of Period, Land	7,439
Gross Amount Carried at Close of Period, Building and Improvements	32,753
Gross Amount Carried at Close of Period, Total	40,192
Accumulated Depreciation	$ 7,028
Depreciable Life	40 years
Industrial Facilities | Michigan IMI 001
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	598
Initial Cost to Company, Building and Improvements	9,814
Cost Capitalized Subsequent to Acquisition	1
Gross Amount Carried at Close of Period, Land	598
Gross Amount Carried at Close of Period, Building and Improvements	9,815
Gross Amount Carried at Close of Period, Total	10,413
Accumulated Depreciation	$ 3,105
Depreciable Life	40 years
Industrial Facilities | Minnesota IMN 001
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	403
Initial Cost to Company, Building and Improvements	1,147
Cost Capitalized Subsequent to Acquisition	(344)
Gross Amount Carried at Close of Period, Land	1,206
Gross Amount Carried at Close of Period, Building and Improvements	0
Gross Amount Carried at Close of Period, Total	1,206
Accumulated Depreciation	$ 0
Depreciable Life	40 years
Industrial Facilities | Minnesota IMN 002
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	6,705
Initial Cost to Company, Building and Improvements	17,690
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	6,225
Gross Amount Carried at Close of Period, Building and Improvements	18,170
Gross Amount Carried at Close of Period, Total	24,395
Accumulated Depreciation	$ 5,411
Depreciable Life	40 years
Industrial Facilities | New Jersey INJ 001
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 20,575
Initial Cost to Company, Land	8,368
Initial Cost to Company, Building and Improvements	15,376
Cost Capitalized Subsequent to Acquisition	21,141
Gross Amount Carried at Close of Period, Land	8,368
Gross Amount Carried at Close of Period, Building and Improvements	36,517
Gross Amount Carried at Close of Period, Total	44,885
Accumulated Depreciation	$ 7,912
Depreciable Life	40 years
Industrial Facilities | Oklahoma IOK 001
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 5,858
Initial Cost to Company, Land	411
Initial Cost to Company, Building and Improvements	7,037
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	411
Gross Amount Carried at Close of Period, Building and Improvements	7,037
Gross Amount Carried at Close of Period, Total	7,448
Accumulated Depreciation	$ 11
Depreciable Life	40 years
Industrial Facilities | Texas ITX 004
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 12,803
Initial Cost to Company, Land	1,631
Initial Cost to Company, Building and Improvements	27,858
Cost Capitalized Subsequent to Acquisition	(416)
Gross Amount Carried at Close of Period, Land	1,631
Gross Amount Carried at Close of Period, Building and Improvements	27,442
Gross Amount Carried at Close of Period, Total	29,073
Accumulated Depreciation	$ 6,243
Depreciable Life	40 years
Industrial Facilities | Texas ITX 005
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 13,742
Initial Cost to Company, Land	2,189
Initial Cost to Company, Building and Improvements	15,284
Cost Capitalized Subsequent to Acquisition	(5)
Gross Amount Carried at Close of Period, Land	2,189
Gross Amount Carried at Close of Period, Building and Improvements	15,279
Gross Amount Carried at Close of Period, Total	17,468
Accumulated Depreciation	$ 134
Depreciable Life	40 years
Industrial Facilities | Virginia IVA 001
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 13,808
Initial Cost to Company, Land	2,619
Initial Cost to Company, Building and Improvements	28,481
Cost Capitalized Subsequent to Acquisition	142
Gross Amount Carried at Close of Period, Land	2,619
Gross Amount Carried at Close of Period, Building and Improvements	28,623
Gross Amount Carried at Close of Period, Total	31,242
Accumulated Depreciation	$ 6,570
Depreciable Life	40 years
Land
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	924,178
Initial Cost to Company, Building and Improvements	2,836
Cost Capitalized Subsequent to Acquisition	126,458
Gross Amount Carried at Close of Period, Land	979,397
Gross Amount Carried at Close of Period, Building and Improvements	74,075
Gross Amount Carried at Close of Period, Total	1,053,472
Accumulated Depreciation	$ 6,099
Land | Minimum
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	15 years
Land | Maximum
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	20 years
Land | Arizona LAZ 002
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances
Initial Cost to Company, Land	1,400
Initial Cost to Company, Building and Improvements	0
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	1,400
Gross Amount Carried at Close of Period, Building and Improvements	0
Gross Amount Carried at Close of Period, Total	1,400
Accumulated Depreciation	$ 0
Depreciable Life	0 years
Land | Arizona LAZ 003
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	96,700
Initial Cost to Company, Building and Improvements	0
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	96,700
Gross Amount Carried at Close of Period, Building and Improvements	0
Gross Amount Carried at Close of Period, Total	96,700
Accumulated Depreciation	$ 0
Depreciable Life	0 years
Land | Arizona LAZ 001
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	28,464
Initial Cost to Company, Building and Improvements	2,836
Cost Capitalized Subsequent to Acquisition	(11,000)
Gross Amount Carried at Close of Period, Land	17,464
Gross Amount Carried at Close of Period, Building and Improvements	2,836
Gross Amount Carried at Close of Period, Total	20,300
Accumulated Depreciation	$ 2,836
Depreciable Life	0 years
Land | California LCA 002
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances
Initial Cost to Company, Land	2,382
Initial Cost to Company, Building and Improvements	0
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	2,382
Gross Amount Carried at Close of Period, Building and Improvements	0
Gross Amount Carried at Close of Period, Total	2,382
Accumulated Depreciation	$ 0
Depreciable Life	0 years
Land | California LCA 003
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	87,300
Initial Cost to Company, Building and Improvements	0
Cost Capitalized Subsequent to Acquisition	(2,649)
Gross Amount Carried at Close of Period, Land	84,651
Gross Amount Carried at Close of Period, Building and Improvements	0
Gross Amount Carried at Close of Period, Total	84,651
Accumulated Depreciation	$ 0
Depreciable Life	0 years
Land | California LCA 004
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	68,155
Initial Cost to Company, Building and Improvements	0
Cost Capitalized Subsequent to Acquisition	(22,099)
Gross Amount Carried at Close of Period, Land	46,056
Gross Amount Carried at Close of Period, Building and Improvements	0
Gross Amount Carried at Close of Period, Total	46,056
Accumulated Depreciation	$ 0
Depreciable Life	0 years
Land | California LCA 005
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	84,100
Initial Cost to Company, Building and Improvements	0
Cost Capitalized Subsequent to Acquisition	29,314
Gross Amount Carried at Close of Period, Land	113,414
Gross Amount Carried at Close of Period, Building and Improvements	0
Gross Amount Carried at Close of Period, Total	113,414
Accumulated Depreciation	$ 0
Depreciable Life	0 years
Land | California LCA 006
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	59,100
Initial Cost to Company, Building and Improvements	0
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	59,100
Gross Amount Carried at Close of Period, Building and Improvements	0
Gross Amount Carried at Close of Period, Total	59,100
Accumulated Depreciation	$ 0
Depreciable Life	0 years
Land | Florida LFA 001
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	7,600
Initial Cost to Company, Building and Improvements	0
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	7,600
Gross Amount Carried at Close of Period, Building and Improvements	0
Gross Amount Carried at Close of Period, Total	7,600
Accumulated Depreciation	$ 0
Depreciable Life	0 years
Land | Florida LFA 002
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	8,100
Initial Cost to Company, Building and Improvements	0
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	8,100
Gross Amount Carried at Close of Period, Building and Improvements	0
Gross Amount Carried at Close of Period, Total	8,100
Accumulated Depreciation	$ 0
Depreciable Life	0 years
Land | Florida LFA 007
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances
Initial Cost to Company, Land	5,883
Initial Cost to Company, Building and Improvements	0
Cost Capitalized Subsequent to Acquisition	235
Gross Amount Carried at Close of Period, Land	5,883
Gross Amount Carried at Close of Period, Building and Improvements	235
Gross Amount Carried at Close of Period, Total	6,118
Accumulated Depreciation	$ 0
Depreciable Life	0 years
Land | Flordia LFA 006
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	9,300
Initial Cost to Company, Building and Improvements	0
Cost Capitalized Subsequent to Acquisition	(220)
Gross Amount Carried at Close of Period, Land	9,080
Gross Amount Carried at Close of Period, Building and Improvements	0
Gross Amount Carried at Close of Period, Total	9,080
Accumulated Depreciation	$ 0
Depreciable Life	0 years
Land | Florida LFA 003
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	26,600
Initial Cost to Company, Building and Improvements	0
Cost Capitalized Subsequent to Acquisition	42,503
Gross Amount Carried at Close of Period, Land	26,600
Gross Amount Carried at Close of Period, Building and Improvements	42,503
Gross Amount Carried at Close of Period, Total	69,103
Accumulated Depreciation	$ 0
Depreciable Life	0 years
Land | Florida LFA 004
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances
Initial Cost to Company, Land	10,440
Initial Cost to Company, Building and Improvements	0
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	10,440
Gross Amount Carried at Close of Period, Building and Improvements	0
Gross Amount Carried at Close of Period, Total	10,440
Accumulated Depreciation	$ 0
Depreciable Life	0 years
Land | Florida LFA 005
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	9,300
Initial Cost to Company, Building and Improvements	0
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	9,300
Gross Amount Carried at Close of Period, Building and Improvements	0
Gross Amount Carried at Close of Period, Total	9,300
Accumulated Depreciation	$ 0
Depreciable Life	0 years
Land | Georgia LGA 001
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances
Initial Cost to Company, Land	3,800
Initial Cost to Company, Building and Improvements	0
Cost Capitalized Subsequent to Acquisition	(3,800)
Gross Amount Carried at Close of Period, Land	0
Gross Amount Carried at Close of Period, Building and Improvements	0
Gross Amount Carried at Close of Period, Total	0
Accumulated Depreciation	$ 0
Depreciable Life	0 years
Land | Georgia LGA 002
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances
Initial Cost to Company, Land	1,400
Initial Cost to Company, Building and Improvements	0
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	1,400
Gross Amount Carried at Close of Period, Building and Improvements	0
Gross Amount Carried at Close of Period, Total	1,400
Accumulated Depreciation	$ 0
Depreciable Life	0 years
Land | Georgia LGA 003
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances
Initial Cost to Company, Land	3,915
Initial Cost to Company, Building and Improvements	0
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	3,915
Gross Amount Carried at Close of Period, Building and Improvements	0
Gross Amount Carried at Close of Period, Total	3,915
Accumulated Depreciation	$ 0
Depreciable Life	0 years
Land | Illinois LIL 001
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances
Initial Cost to Company, Land	31,500
Initial Cost to Company, Building and Improvements	0
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	31,500
Gross Amount Carried at Close of Period, Building and Improvements	0
Gross Amount Carried at Close of Period, Total	31,500
Accumulated Depreciation	$ 0
Depreciable Life	0 years
Land | Maryland LMD 001
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	102,938
Initial Cost to Company, Building and Improvements	0
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	102,938
Gross Amount Carried at Close of Period, Building and Improvements	0
Gross Amount Carried at Close of Period, Total	102,938
Accumulated Depreciation	$ 0
Depreciable Life	0 years
Land | Maryland LMD 002
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	2,486
Initial Cost to Company, Building and Improvements	0
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	2,486
Gross Amount Carried at Close of Period, Building and Improvements	0
Gross Amount Carried at Close of Period, Total	2,486
Accumulated Depreciation	$ 0
Depreciable Life	0 years
Land | Michigan LMI 001
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	5,374
Initial Cost to Company, Building and Improvements	0
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	5,374
Gross Amount Carried at Close of Period, Building and Improvements	0
Gross Amount Carried at Close of Period, Total	5,374
Accumulated Depreciation	$ 0
Depreciable Life	0 years
Land | New Jersey LNJ 001
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	43,300
Initial Cost to Company, Building and Improvements	0
Cost Capitalized Subsequent to Acquisition	61,178
Gross Amount Carried at Close of Period, Land	104,478
Gross Amount Carried at Close of Period, Building and Improvements	0
Gross Amount Carried at Close of Period, Total	104,478
Accumulated Depreciation	$ 528
Depreciable Life	0 years
Land | New York LNY 002
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	58,900
Initial Cost to Company, Building and Improvements	0
Cost Capitalized Subsequent to Acquisition	(13,460)
Gross Amount Carried at Close of Period, Land	45,440
Gross Amount Carried at Close of Period, Building and Improvements	0
Gross Amount Carried at Close of Period, Total	45,440
Accumulated Depreciation	$ 0
Depreciable Life	0 years
Land | New York LNY 003
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	3,277
Initial Cost to Company, Building and Improvements	0
Cost Capitalized Subsequent to Acquisition	25,491
Gross Amount Carried at Close of Period, Land	3,277
Gross Amount Carried at Close of Period, Building and Improvements	25,491
Gross Amount Carried at Close of Period, Total	28,768
Accumulated Depreciation	$ 0
Depreciable Life	0 years
Land | New York LNY 001
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	52,461
Initial Cost to Company, Building and Improvements	0
Cost Capitalized Subsequent to Acquisition	2,525
Gross Amount Carried at Close of Period, Land	52,461
Gross Amount Carried at Close of Period, Building and Improvements	2,525
Gross Amount Carried at Close of Period, Total	54,986
Accumulated Depreciation	$ 0
Depreciable Life	0 years
Land | Oregon LOR 001
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	20,326
Initial Cost to Company, Building and Improvements	0
Cost Capitalized Subsequent to Acquisition	(14,922)
Gross Amount Carried at Close of Period, Land	5,404
Gross Amount Carried at Close of Period, Building and Improvements	0
Gross Amount Carried at Close of Period, Total	5,404
Accumulated Depreciation	$ 0
Depreciable Life	0 years
Land | Pennsylvania LPA 001
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances
Initial Cost to Company, Land	1,460
Initial Cost to Company, Building and Improvements	0
Cost Capitalized Subsequent to Acquisition	485
Gross Amount Carried at Close of Period, Land	1,460
Gross Amount Carried at Close of Period, Building and Improvements	485
Gross Amount Carried at Close of Period, Total	1,945
Accumulated Depreciation	$ 0
Depreciable Life	0 years
Land | Texas LTX 001
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	3,375
Initial Cost to Company, Building and Improvements	0
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	3,375
Gross Amount Carried at Close of Period, Building and Improvements	0
Gross Amount Carried at Close of Period, Total	3,375
Accumulated Depreciation	$ 0
Depreciable Life	0 years
Land | Texas LTX 002
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	3,621
Initial Cost to Company, Building and Improvements	0
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	3,621
Gross Amount Carried at Close of Period, Building and Improvements	0
Gross Amount Carried at Close of Period, Total	3,621
Accumulated Depreciation	$ 0
Depreciable Life	0 years
Land | Virginia LVA 001
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	72,138
Initial Cost to Company, Building and Improvements	0
Cost Capitalized Subsequent to Acquisition	32,877
Gross Amount Carried at Close of Period, Land	105,015
Gross Amount Carried at Close of Period, Building and Improvements	0
Gross Amount Carried at Close of Period, Total	105,015
Accumulated Depreciation	$ 2,735
Depreciable Life	0 years
Land | West Virginia LWV 001
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	9,083
Initial Cost to Company, Building and Improvements	0
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	9,083
Gross Amount Carried at Close of Period, Building and Improvements	0
Gross Amount Carried at Close of Period, Total	9,083
Accumulated Depreciation	$ 0
Depreciable Life	0 years
Entertainment
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	121,208
Initial Cost to Company, Building and Improvements	237,284
Cost Capitalized Subsequent to Acquisition	92,223
Gross Amount Carried at Close of Period, Land	121,191
Gross Amount Carried at Close of Period, Building and Improvements	329,524
Gross Amount Carried at Close of Period, Total	450,715
Accumulated Depreciation	101,006
Entertainment | Alabama EAL 001
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost to Company, Land	277
Initial Cost to Company, Building and Improvements	359
Cost Capitalized Subsequent to Acquisition	(2)
Gross Amount Carried at Close of Period, Land	277
Gross Amount Carried at Close of Period, Building and Improvements	357
Gross Amount Carried at Close of Period, Total	634
Accumulated Depreciation	$ 115
Depreciable Life	40 years
Entertainment | Alabama EAL 002
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	319
Initial Cost to Company, Building and Improvements	414
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	319
Gross Amount Carried at Close of Period, Building and Improvements	414
Gross Amount Carried at Close of Period, Total	733
Accumulated Depreciation	$ 132
Depreciable Life	40 years
Entertainment | Arizona EAZ 001
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	793
Initial Cost to Company, Building and Improvements	1,027
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	793
Gross Amount Carried at Close of Period, Building and Improvements	1,027
Gross Amount Carried at Close of Period, Total	1,820
Accumulated Depreciation	$ 328
Depreciable Life	40 years
Entertainment | Arizona EAZ 002
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	521
Initial Cost to Company, Building and Improvements	673
Cost Capitalized Subsequent to Acquisition	(3)
Gross Amount Carried at Close of Period, Land	521
Gross Amount Carried at Close of Period, Building and Improvements	670
Gross Amount Carried at Close of Period, Total	1,191
Accumulated Depreciation	$ 216
Depreciable Life	40 years
Entertainment | Arizona EAZ 004
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	630
Initial Cost to Company, Building and Improvements	815
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	630
Gross Amount Carried at Close of Period, Building and Improvements	815
Gross Amount Carried at Close of Period, Total	1,445
Accumulated Depreciation	$ 261
Depreciable Life	40 years
Entertainment | Arizona EAZ 005
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	590
Initial Cost to Company, Building and Improvements	764
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	590
Gross Amount Carried at Close of Period, Building and Improvements	764
Gross Amount Carried at Close of Period, Total	1,354
Accumulated Depreciation	$ 244
Depreciable Life	40 years
Entertainment | Arizona EAZ 006
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	476
Initial Cost to Company, Building and Improvements	616
Cost Capitalized Subsequent to Acquisition	(3)
Gross Amount Carried at Close of Period, Land	476
Gross Amount Carried at Close of Period, Building and Improvements	613
Gross Amount Carried at Close of Period, Total	1,089
Accumulated Depreciation	$ 197
Depreciable Life	40 years
Entertainment | Arizona EAZ 007
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	654
Initial Cost to Company, Building and Improvements	845
Cost Capitalized Subsequent to Acquisition	(4)
Gross Amount Carried at Close of Period, Land	654
Gross Amount Carried at Close of Period, Building and Improvements	841
Gross Amount Carried at Close of Period, Total	1,495
Accumulated Depreciation	$ 271
Depreciable Life	40 years
Entertainment | Arizona EAZ 008
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	666
Initial Cost to Company, Building and Improvements	862
Cost Capitalized Subsequent to Acquisition	(5)
Gross Amount Carried at Close of Period, Land	666
Gross Amount Carried at Close of Period, Building and Improvements	857
Gross Amount Carried at Close of Period, Total	1,523
Accumulated Depreciation	$ 276
Depreciable Life	40 years
Entertainment | Arizona EAZ 009
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	460
Initial Cost to Company, Building and Improvements	596
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	460
Gross Amount Carried at Close of Period, Building and Improvements	596
Gross Amount Carried at Close of Period, Total	1,056
Accumulated Depreciation	$ 190
Depreciable Life	40 years
Entertainment | California ECA 001
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	1,097
Initial Cost to Company, Building and Improvements	1,421
Cost Capitalized Subsequent to Acquisition	(1)
Gross Amount Carried at Close of Period, Land	1,097
Gross Amount Carried at Close of Period, Building and Improvements	1,420
Gross Amount Carried at Close of Period, Total	2,517
Accumulated Depreciation	$ 454
Depreciable Life	40 years
Entertainment | California ECA 002
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	434
Initial Cost to Company, Building and Improvements	560
Cost Capitalized Subsequent to Acquisition	1
Gross Amount Carried at Close of Period, Land	434
Gross Amount Carried at Close of Period, Building and Improvements	561
Gross Amount Carried at Close of Period, Total	995
Accumulated Depreciation	$ 179
Depreciable Life	40 years
Entertainment | California ECA 003
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	332
Initial Cost to Company, Building and Improvements	429
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	332
Gross Amount Carried at Close of Period, Building and Improvements	429
Gross Amount Carried at Close of Period, Total	761
Accumulated Depreciation	$ 137
Depreciable Life	40 years
Entertainment | California ECA 005
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	676
Initial Cost to Company, Building and Improvements	876
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	676
Gross Amount Carried at Close of Period, Building and Improvements	876
Gross Amount Carried at Close of Period, Total	1,552
Accumulated Depreciation	$ 280
Depreciable Life	40 years
Entertainment | California ECA 006
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	720
Initial Cost to Company, Building and Improvements	932
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	720
Gross Amount Carried at Close of Period, Building and Improvements	932
Gross Amount Carried at Close of Period, Total	1,652
Accumulated Depreciation	$ 298
Depreciable Life	40 years
Entertainment | California ECA 007
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	574
Initial Cost to Company, Building and Improvements	743
Cost Capitalized Subsequent to Acquisition	(4)
Gross Amount Carried at Close of Period, Land	574
Gross Amount Carried at Close of Period, Building and Improvements	739
Gross Amount Carried at Close of Period, Total	1,313
Accumulated Depreciation	$ 238
Depreciable Life	40 years
Entertainment | California ECA 008
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	392
Initial Cost to Company, Building and Improvements	508
Cost Capitalized Subsequent to Acquisition	(3)
Gross Amount Carried at Close of Period, Land	392
Gross Amount Carried at Close of Period, Building and Improvements	505
Gross Amount Carried at Close of Period, Total	897
Accumulated Depreciation	$ 163
Depreciable Life	40 years
Entertainment | California ECA 009
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	358
Initial Cost to Company, Building and Improvements	464
Cost Capitalized Subsequent to Acquisition	(2)
Gross Amount Carried at Close of Period, Land	358
Gross Amount Carried at Close of Period, Building and Improvements	462
Gross Amount Carried at Close of Period, Total	820
Accumulated Depreciation	$ 149
Depreciable Life	40 years
Entertainment | California ECA 010
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	0
Initial Cost to Company, Building and Improvements	18,000
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	0
Gross Amount Carried at Close of Period, Building and Improvements	18,000
Gross Amount Carried at Close of Period, Total	18,000
Accumulated Depreciation	$ 5,608
Depreciable Life	40 years
Entertainment | California ECA 011
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	852
Initial Cost to Company, Building and Improvements	1,101
Cost Capitalized Subsequent to Acquisition	(5)
Gross Amount Carried at Close of Period, Land	852
Gross Amount Carried at Close of Period, Building and Improvements	1,096
Gross Amount Carried at Close of Period, Total	1,948
Accumulated Depreciation	$ 353
Depreciable Life	40 years
Entertainment | California ECA 013
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	0
Initial Cost to Company, Building and Improvements	1,953
Cost Capitalized Subsequent to Acquisition	25,772
Gross Amount Carried at Close of Period, Land	0
Gross Amount Carried at Close of Period, Building and Improvements	27,725
Gross Amount Carried at Close of Period, Total	27,725
Accumulated Depreciation	$ 5,428
Depreciable Life	40 years
Entertainment | California ECA 014
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	659
Initial Cost to Company, Building and Improvements	852
Cost Capitalized Subsequent to Acquisition	(4)
Gross Amount Carried at Close of Period, Land	659
Gross Amount Carried at Close of Period, Building and Improvements	848
Gross Amount Carried at Close of Period, Total	1,507
Accumulated Depreciation	$ 273
Depreciable Life	40 years
Entertainment | California ECA 015
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	562
Initial Cost to Company, Building and Improvements	729
Cost Capitalized Subsequent to Acquisition	(1)
Gross Amount Carried at Close of Period, Land	562
Gross Amount Carried at Close of Period, Building and Improvements	728
Gross Amount Carried at Close of Period, Total	1,290
Accumulated Depreciation	$ 233
Depreciable Life	40 years
Entertainment | California ECA 004
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	1,642
Initial Cost to Company, Building and Improvements	2,124
Cost Capitalized Subsequent to Acquisition	(11)
Gross Amount Carried at Close of Period, Land	1,642
Gross Amount Carried at Close of Period, Building and Improvements	2,113
Gross Amount Carried at Close of Period, Total	3,755
Accumulated Depreciation	$ 680
Depreciable Life	40 years
Entertainment | Colorado ECO 002
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	640
Initial Cost to Company, Building and Improvements	827
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	640
Gross Amount Carried at Close of Period, Building and Improvements	827
Gross Amount Carried at Close of Period, Total	1,467
Accumulated Depreciation	$ 265
Depreciable Life	40 years
Entertainment | Colorado ECO 003
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	729
Initial Cost to Company, Building and Improvements	944
Cost Capitalized Subsequent to Acquisition	(1)
Gross Amount Carried at Close of Period, Land	729
Gross Amount Carried at Close of Period, Building and Improvements	943
Gross Amount Carried at Close of Period, Total	1,672
Accumulated Depreciation	$ 302
Depreciable Life	40 years
Entertainment | Colorado ECO 004
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	536
Initial Cost to Company, Building and Improvements	694
Cost Capitalized Subsequent to Acquisition	(3)
Gross Amount Carried at Close of Period, Land	536
Gross Amount Carried at Close of Period, Building and Improvements	691
Gross Amount Carried at Close of Period, Total	1,227
Accumulated Depreciation	$ 222
Depreciable Life	40 years
Entertainment | Colorado ECO 006
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	901
Initial Cost to Company, Building and Improvements	1,165
Cost Capitalized Subsequent to Acquisition	(6)
Gross Amount Carried at Close of Period, Land	901
Gross Amount Carried at Close of Period, Building and Improvements	1,159
Gross Amount Carried at Close of Period, Total	2,060
Accumulated Depreciation	$ 373
Depreciable Life	40 years
Entertainment | Connecticut ECT 001
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	1,097
Initial Cost to Company, Building and Improvements	1,420
Cost Capitalized Subsequent to Acquisition	(7)
Gross Amount Carried at Close of Period, Land	1,097
Gross Amount Carried at Close of Period, Building and Improvements	1,413
Gross Amount Carried at Close of Period, Total	2,510
Accumulated Depreciation	$ 455
Depreciable Life	40 years
Entertainment | Delaware EDE 001
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	1,076
Initial Cost to Company, Building and Improvements	1,390
Cost Capitalized Subsequent to Acquisition	3
Gross Amount Carried at Close of Period, Land	1,076
Gross Amount Carried at Close of Period, Building and Improvements	1,393
Gross Amount Carried at Close of Period, Total	2,469
Accumulated Depreciation	$ 445
Depreciable Life	40 years
Entertainment | Florida EFL 001
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	0
Initial Cost to Company, Building and Improvements	41,809
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	0
Gross Amount Carried at Close of Period, Building and Improvements	41,809
Gross Amount Carried at Close of Period, Total	41,809
Accumulated Depreciation	$ 18,286
Depreciable Life	27 years
Entertainment | Florida EFL 002
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	412
Initial Cost to Company, Building and Improvements	531
Cost Capitalized Subsequent to Acquisition	(2)
Gross Amount Carried at Close of Period, Land	412
Gross Amount Carried at Close of Period, Building and Improvements	529
Gross Amount Carried at Close of Period, Total	941
Accumulated Depreciation	$ 171
Depreciable Life	40 years
Entertainment | Florida EFL 003
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	6,550
Initial Cost to Company, Building and Improvements	0
Cost Capitalized Subsequent to Acquisition	17,118
Gross Amount Carried at Close of Period, Land	6,533
Gross Amount Carried at Close of Period, Building and Improvements	17,135
Gross Amount Carried at Close of Period, Total	23,668
Accumulated Depreciation	$ 4,138
Depreciable Life	40 years
Entertainment | Florida EFL 004
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	1,067
Initial Cost to Company, Building and Improvements	1,382
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	1,067
Gross Amount Carried at Close of Period, Building and Improvements	1,382
Gross Amount Carried at Close of Period, Total	2,449
Accumulated Depreciation	$ 442
Depreciable Life	40 years
Entertainment | Florida EFL 006
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	401
Initial Cost to Company, Building and Improvements	520
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	401
Gross Amount Carried at Close of Period, Building and Improvements	520
Gross Amount Carried at Close of Period, Total	921
Accumulated Depreciation	$ 166
Depreciable Life	40 years
Entertainment | Florida EFL 008
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	282
Initial Cost to Company, Building and Improvements	364
Cost Capitalized Subsequent to Acquisition	(2)
Gross Amount Carried at Close of Period, Land	282
Gross Amount Carried at Close of Period, Building and Improvements	362
Gross Amount Carried at Close of Period, Total	644
Accumulated Depreciation	$ 117
Depreciable Life	40 years
Entertainment | Florida EFL 009
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	352
Initial Cost to Company, Building and Improvements	455
Cost Capitalized Subsequent to Acquisition	(1)
Gross Amount Carried at Close of Period, Land	352
Gross Amount Carried at Close of Period, Building and Improvements	454
Gross Amount Carried at Close of Period, Total	806
Accumulated Depreciation	$ 145
Depreciable Life	40 years
Entertainment | Florida EFL 011
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	437
Initial Cost to Company, Building and Improvements	567
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	437
Gross Amount Carried at Close of Period, Building and Improvements	567
Gross Amount Carried at Close of Period, Total	1,004
Accumulated Depreciation	$ 181
Depreciable Life	40 years
Entertainment | Florida EFL 012
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	532
Initial Cost to Company, Building and Improvements	689
Cost Capitalized Subsequent to Acquisition	(1)
Gross Amount Carried at Close of Period, Land	532
Gross Amount Carried at Close of Period, Building and Improvements	688
Gross Amount Carried at Close of Period, Total	1,220
Accumulated Depreciation	$ 220
Depreciable Life	40 years
Entertainment | Florida EFL 014
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	486
Initial Cost to Company, Building and Improvements	629
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	486
Gross Amount Carried at Close of Period, Building and Improvements	629
Gross Amount Carried at Close of Period, Total	1,115
Accumulated Depreciation	$ 201
Depreciable Life	40 years
Entertainment | Florida EFL 016
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	497
Initial Cost to Company, Building and Improvements	643
Cost Capitalized Subsequent to Acquisition	(3)
Gross Amount Carried at Close of Period, Land	497
Gross Amount Carried at Close of Period, Building and Improvements	640
Gross Amount Carried at Close of Period, Total	1,137
Accumulated Depreciation	$ 206
Depreciable Life	40 years
Entertainment | Florida EFL 018
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	643
Initial Cost to Company, Building and Improvements	833
Cost Capitalized Subsequent to Acquisition	(5)
Gross Amount Carried at Close of Period, Land	643
Gross Amount Carried at Close of Period, Building and Improvements	828
Gross Amount Carried at Close of Period, Total	1,471
Accumulated Depreciation	$ 267
Depreciable Life	40 years
Entertainment | Florida EFL 019
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	4,200
Initial Cost to Company, Building and Improvements	18,272
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	4,200
Gross Amount Carried at Close of Period, Building and Improvements	18,272
Gross Amount Carried at Close of Period, Total	22,472
Accumulated Depreciation	$ 5,411
Depreciable Life	40 years
Entertainment | Florida EFL 020
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	551
Initial Cost to Company, Building and Improvements	714
Cost Capitalized Subsequent to Acquisition	(4)
Gross Amount Carried at Close of Period, Land	551
Gross Amount Carried at Close of Period, Building and Improvements	710
Gross Amount Carried at Close of Period, Total	1,261
Accumulated Depreciation	$ 228
Depreciable Life	40 years
Entertainment | Florida EFL 021
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	364
Initial Cost to Company, Building and Improvements	470
Cost Capitalized Subsequent to Acquisition	(2)
Gross Amount Carried at Close of Period, Land	364
Gross Amount Carried at Close of Period, Building and Improvements	468
Gross Amount Carried at Close of Period, Total	832
Accumulated Depreciation	$ 151
Depreciable Life	40 years
Entertainment | Florida EFL 022
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	507
Initial Cost to Company, Building and Improvements	656
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	507
Gross Amount Carried at Close of Period, Building and Improvements	656
Gross Amount Carried at Close of Period, Total	1,163
Accumulated Depreciation	$ 210
Depreciable Life	40 years
Entertainment | Florida EFL 023
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	0
Initial Cost to Company, Building and Improvements	19,337
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	0
Gross Amount Carried at Close of Period, Building and Improvements	19,337
Gross Amount Carried at Close of Period, Total	19,337
Accumulated Depreciation	$ 5,726
Depreciable Life	40 years
Entertainment | Georgia EGA 001
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	510
Initial Cost to Company, Building and Improvements	660
Cost Capitalized Subsequent to Acquisition	(4)
Gross Amount Carried at Close of Period, Land	510
Gross Amount Carried at Close of Period, Building and Improvements	656
Gross Amount Carried at Close of Period, Total	1,166
Accumulated Depreciation	$ 211
Depreciable Life	40 years
Entertainment | Georgia EGA 002
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	286
Initial Cost to Company, Building and Improvements	371
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	286
Gross Amount Carried at Close of Period, Building and Improvements	371
Gross Amount Carried at Close of Period, Total	657
Accumulated Depreciation	$ 119
Depreciable Life	40 years
Entertainment | Georgia EGA 003
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	474
Initial Cost to Company, Building and Improvements	613
Cost Capitalized Subsequent to Acquisition	(1)
Gross Amount Carried at Close of Period, Land	474
Gross Amount Carried at Close of Period, Building and Improvements	612
Gross Amount Carried at Close of Period, Total	1,086
Accumulated Depreciation	$ 196
Depreciable Life	40 years
Entertainment | Georgia EGA 004
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	581
Initial Cost to Company, Building and Improvements	752
Cost Capitalized Subsequent to Acquisition	(1)
Gross Amount Carried at Close of Period, Land	581
Gross Amount Carried at Close of Period, Building and Improvements	751
Gross Amount Carried at Close of Period, Total	1,332
Accumulated Depreciation	$ 240
Depreciable Life	40 years
Entertainment | Georgia EGA 005
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	718
Initial Cost to Company, Building and Improvements	930
Cost Capitalized Subsequent to Acquisition	(5)
Gross Amount Carried at Close of Period, Land	718
Gross Amount Carried at Close of Period, Building and Improvements	925
Gross Amount Carried at Close of Period, Total	1,643
Accumulated Depreciation	$ 298
Depreciable Life	40 years
Entertainment | Georgia EGA 007
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	502
Initial Cost to Company, Building and Improvements	651
Cost Capitalized Subsequent to Acquisition	(4)
Gross Amount Carried at Close of Period, Land	502
Gross Amount Carried at Close of Period, Building and Improvements	647
Gross Amount Carried at Close of Period, Total	1,149
Accumulated Depreciation	$ 208
Depreciable Life	40 years
Entertainment | Illinois EIL 001
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	335
Initial Cost to Company, Building and Improvements	434
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	335
Gross Amount Carried at Close of Period, Building and Improvements	434
Gross Amount Carried at Close of Period, Total	769
Accumulated Depreciation	$ 139
Depreciable Life	40 years
Entertainment | Illinois EIL 002
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	481
Initial Cost to Company, Building and Improvements	622
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	481
Gross Amount Carried at Close of Period, Building and Improvements	622
Gross Amount Carried at Close of Period, Total	1,103
Accumulated Depreciation	$ 199
Depreciable Life	40 years
Entertainment | Illinois EIL 003
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	8,803
Initial Cost to Company, Building and Improvements	57
Cost Capitalized Subsequent to Acquisition	30,479
Gross Amount Carried at Close of Period, Land	8,803
Gross Amount Carried at Close of Period, Building and Improvements	30,536
Gross Amount Carried at Close of Period, Total	39,339
Accumulated Depreciation	$ 7,111
Depreciable Life	40 years
Entertainment | Illinois EIL 004
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	433
Initial Cost to Company, Building and Improvements	560
Cost Capitalized Subsequent to Acquisition	(3)
Gross Amount Carried at Close of Period, Land	433
Gross Amount Carried at Close of Period, Building and Improvements	557
Gross Amount Carried at Close of Period, Total	990
Accumulated Depreciation	$ 179
Depreciable Life	40 years
Entertainment | Illinois EIL 005
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	431
Initial Cost to Company, Building and Improvements	557
Cost Capitalized Subsequent to Acquisition	(3)
Gross Amount Carried at Close of Period, Land	431
Gross Amount Carried at Close of Period, Building and Improvements	554
Gross Amount Carried at Close of Period, Total	985
Accumulated Depreciation	$ 178
Depreciable Life	40 years
Entertainment | Indiana EIN 001
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	542
Initial Cost to Company, Building and Improvements	701
Cost Capitalized Subsequent to Acquisition	(4)
Gross Amount Carried at Close of Period, Land	542
Gross Amount Carried at Close of Period, Building and Improvements	697
Gross Amount Carried at Close of Period, Total	1,239
Accumulated Depreciation	$ 225
Depreciable Life	40 years
Entertainment | Kentucky EKY 001
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	417
Initial Cost to Company, Building and Improvements	539
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	417
Gross Amount Carried at Close of Period, Building and Improvements	539
Gross Amount Carried at Close of Period, Total	956
Accumulated Depreciation	$ 172
Depreciable Life	40 years
Entertainment | Kentucky EKY 002
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	365
Initial Cost to Company, Building and Improvements	473
Cost Capitalized Subsequent to Acquisition	(2)
Gross Amount Carried at Close of Period, Land	365
Gross Amount Carried at Close of Period, Building and Improvements	471
Gross Amount Carried at Close of Period, Total	836
Accumulated Depreciation	$ 151
Depreciable Life	40 years
Entertainment | Maryland EMD 001
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	428
Initial Cost to Company, Building and Improvements	554
Cost Capitalized Subsequent to Acquisition	(1)
Gross Amount Carried at Close of Period, Land	428
Gross Amount Carried at Close of Period, Building and Improvements	553
Gross Amount Carried at Close of Period, Total	981
Accumulated Depreciation	$ 177
Depreciable Life	40 years
Entertainment | Maryland EMD 002
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	575
Initial Cost to Company, Building and Improvements	745
Cost Capitalized Subsequent to Acquisition	(1)
Gross Amount Carried at Close of Period, Land	575
Gross Amount Carried at Close of Period, Building and Improvements	744
Gross Amount Carried at Close of Period, Total	1,319
Accumulated Depreciation	$ 238
Depreciable Life	40 years
Entertainment | Maryland EMD 003
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	362
Initial Cost to Company, Building and Improvements	468
Cost Capitalized Subsequent to Acquisition	(2)
Gross Amount Carried at Close of Period, Land	362
Gross Amount Carried at Close of Period, Building and Improvements	466
Gross Amount Carried at Close of Period, Total	828
Accumulated Depreciation	$ 150
Depreciable Life	40 years
Entertainment | Maryland EMD 004
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	884
Initial Cost to Company, Building and Improvements	1,145
Cost Capitalized Subsequent to Acquisition	(6)
Gross Amount Carried at Close of Period, Land	884
Gross Amount Carried at Close of Period, Building and Improvements	1,139
Gross Amount Carried at Close of Period, Total	2,023
Accumulated Depreciation	$ 367
Depreciable Life	40 years
Entertainment | Maryland EMD 006
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	399
Initial Cost to Company, Building and Improvements	518
Cost Capitalized Subsequent to Acquisition	(3)
Gross Amount Carried at Close of Period, Land	399
Gross Amount Carried at Close of Period, Building and Improvements	515
Gross Amount Carried at Close of Period, Total	914
Accumulated Depreciation	$ 166
Depreciable Life	40 years
Entertainment | Maryland EMD 007
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	649
Initial Cost to Company, Building and Improvements	839
Cost Capitalized Subsequent to Acquisition	(5)
Gross Amount Carried at Close of Period, Land	649
Gross Amount Carried at Close of Period, Building and Improvements	834
Gross Amount Carried at Close of Period, Total	1,483
Accumulated Depreciation	$ 269
Depreciable Life	40 years
Entertainment | Maryland EMD 008
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	366
Initial Cost to Company, Building and Improvements	473
Cost Capitalized Subsequent to Acquisition	(2)
Gross Amount Carried at Close of Period, Land	366
Gross Amount Carried at Close of Period, Building and Improvements	471
Gross Amount Carried at Close of Period, Total	837
Accumulated Depreciation	$ 152
Depreciable Life	40 years
Entertainment | Maryland EMD 009
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	398
Initial Cost to Company, Building and Improvements	516
Cost Capitalized Subsequent to Acquisition	(3)
Gross Amount Carried at Close of Period, Land	398
Gross Amount Carried at Close of Period, Building and Improvements	513
Gross Amount Carried at Close of Period, Total	911
Accumulated Depreciation	$ 165
Depreciable Life	40 years
Entertainment | Maryland EMD 011
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	1,126
Initial Cost to Company, Building and Improvements	1,458
Cost Capitalized Subsequent to Acquisition	(1)
Gross Amount Carried at Close of Period, Land	1,126
Gross Amount Carried at Close of Period, Building and Improvements	1,457
Gross Amount Carried at Close of Period, Total	2,583
Accumulated Depreciation	$ 466
Depreciable Life	40 years
Entertainment | Massachusetts EMA 001
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	523
Initial Cost to Company, Building and Improvements	678
Cost Capitalized Subsequent to Acquisition	(4)
Gross Amount Carried at Close of Period, Land	523
Gross Amount Carried at Close of Period, Building and Improvements	674
Gross Amount Carried at Close of Period, Total	1,197
Accumulated Depreciation	$ 217
Depreciable Life	40 years
Entertainment | Massachusetts EMA 002
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	548
Initial Cost to Company, Building and Improvements	711
Cost Capitalized Subsequent to Acquisition	(1)
Gross Amount Carried at Close of Period, Land	548
Gross Amount Carried at Close of Period, Building and Improvements	710
Gross Amount Carried at Close of Period, Total	1,258
Accumulated Depreciation	$ 227
Depreciable Life	40 years
Entertainment | Massachusetts EMA 003
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	519
Initial Cost to Company, Building and Improvements	672
Cost Capitalized Subsequent to Acquisition	(4)
Gross Amount Carried at Close of Period, Land	519
Gross Amount Carried at Close of Period, Building and Improvements	668
Gross Amount Carried at Close of Period, Total	1,187
Accumulated Depreciation	$ 215
Depreciable Life	40 years
Entertainment | Massachusetts EMA 004
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	344
Initial Cost to Company, Building and Improvements	445
Cost Capitalized Subsequent to Acquisition	(1)
Gross Amount Carried at Close of Period, Land	344
Gross Amount Carried at Close of Period, Building and Improvements	444
Gross Amount Carried at Close of Period, Total	788
Accumulated Depreciation	$ 142
Depreciable Life	40 years
Entertainment | Michigan EMI 002
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	516
Initial Cost to Company, Building and Improvements	667
Cost Capitalized Subsequent to Acquisition	(3)
Gross Amount Carried at Close of Period, Land	516
Gross Amount Carried at Close of Period, Building and Improvements	664
Gross Amount Carried at Close of Period, Total	1,180
Accumulated Depreciation	$ 214
Depreciable Life	40 years
Entertainment | Michigan EMI 003
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	554
Initial Cost to Company, Building and Improvements	718
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	554
Gross Amount Carried at Close of Period, Building and Improvements	718
Gross Amount Carried at Close of Period, Total	1,272
Accumulated Depreciation	$ 229
Depreciable Life	40 years
Entertainment | Michigan EMI 004
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	387
Initial Cost to Company, Building and Improvements	500
Cost Capitalized Subsequent to Acquisition	(2)
Gross Amount Carried at Close of Period, Land	387
Gross Amount Carried at Close of Period, Building and Improvements	498
Gross Amount Carried at Close of Period, Total	885
Accumulated Depreciation	$ 160
Depreciable Life	40 years
Entertainment | Michigan EMI 005
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	533
Initial Cost to Company, Building and Improvements	691
Cost Capitalized Subsequent to Acquisition	(4)
Gross Amount Carried at Close of Period, Land	533
Gross Amount Carried at Close of Period, Building and Improvements	687
Gross Amount Carried at Close of Period, Total	1,220
Accumulated Depreciation	$ 221
Depreciable Life	40 years
Entertainment | Minnesota EMN 001
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	666
Initial Cost to Company, Building and Improvements	861
Cost Capitalized Subsequent to Acquisition	(5)
Gross Amount Carried at Close of Period, Land	666
Gross Amount Carried at Close of Period, Building and Improvements	856
Gross Amount Carried at Close of Period, Total	1,522
Accumulated Depreciation	$ 276
Depreciable Life	40 years
Entertainment | Minnesota EMN 002
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	2,962
Initial Cost to Company, Building and Improvements	0
Cost Capitalized Subsequent to Acquisition	17,164
Gross Amount Carried at Close of Period, Land	2,962
Gross Amount Carried at Close of Period, Building and Improvements	17,164
Gross Amount Carried at Close of Period, Total	20,126
Accumulated Depreciation	$ 4,422
Depreciable Life	40 years
Entertainment | Minnesota EMN 004
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	2,437
Initial Cost to Company, Building and Improvements	8,715
Cost Capitalized Subsequent to Acquisition	2,098
Gross Amount Carried at Close of Period, Land	2,437
Gross Amount Carried at Close of Period, Building and Improvements	10,813
Gross Amount Carried at Close of Period, Total	13,250
Accumulated Depreciation	$ 3,149
Depreciable Life	40 years
Entertainment | Missouri EMO 001
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	334
Initial Cost to Company, Building and Improvements	432
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	334
Gross Amount Carried at Close of Period, Building and Improvements	432
Gross Amount Carried at Close of Period, Total	766
Accumulated Depreciation	$ 138
Depreciable Life	40 years
Entertainment | Missouri EMO 004
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	878
Initial Cost to Company, Building and Improvements	1,139
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	878
Gross Amount Carried at Close of Period, Building and Improvements	1,139
Gross Amount Carried at Close of Period, Total	2,017
Accumulated Depreciation	$ 364
Depreciable Life	40 years
Entertainment | New Jersey ENJ 001
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	1,560
Initial Cost to Company, Building and Improvements	2,019
Cost Capitalized Subsequent to Acquisition	(11)
Gross Amount Carried at Close of Period, Land	1,560
Gross Amount Carried at Close of Period, Building and Improvements	2,008
Gross Amount Carried at Close of Period, Total	3,568
Accumulated Depreciation	$ 647
Depreciable Life	40 years
Entertainment | New Jersey ENJ 002
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	830
Initial Cost to Company, Building and Improvements	1,075
Cost Capitalized Subsequent to Acquisition	(1)
Gross Amount Carried at Close of Period, Land	830
Gross Amount Carried at Close of Period, Building and Improvements	1,074
Gross Amount Carried at Close of Period, Total	1,904
Accumulated Depreciation	$ 343
Depreciable Life	40 years
Entertainment | Nevada ENV 001
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	440
Initial Cost to Company, Building and Improvements	569
Cost Capitalized Subsequent to Acquisition	(3)
Gross Amount Carried at Close of Period, Land	440
Gross Amount Carried at Close of Period, Building and Improvements	566
Gross Amount Carried at Close of Period, Total	1,006
Accumulated Depreciation	$ 182
Depreciable Life	40 years
Entertainment | New York ENY 001
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	603
Initial Cost to Company, Building and Improvements	779
Cost Capitalized Subsequent to Acquisition	(4)
Gross Amount Carried at Close of Period, Land	603
Gross Amount Carried at Close of Period, Building and Improvements	775
Gross Amount Carried at Close of Period, Total	1,378
Accumulated Depreciation	$ 250
Depreciable Life	40 years
Entertainment | New York ENY 002
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	442
Initial Cost to Company, Building and Improvements	571
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	442
Gross Amount Carried at Close of Period, Building and Improvements	571
Gross Amount Carried at Close of Period, Total	1,013
Accumulated Depreciation	$ 183
Depreciable Life	40 years
Entertainment | New York ENY 004
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	385
Initial Cost to Company, Building and Improvements	499
Cost Capitalized Subsequent to Acquisition	(2)
Gross Amount Carried at Close of Period, Land	385
Gross Amount Carried at Close of Period, Building and Improvements	497
Gross Amount Carried at Close of Period, Total	882
Accumulated Depreciation	$ 160
Depreciable Life	40 years
Entertainment | New York ENY 005
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	350
Initial Cost to Company, Building and Improvements	453
Cost Capitalized Subsequent to Acquisition	(1)
Gross Amount Carried at Close of Period, Land	350
Gross Amount Carried at Close of Period, Building and Improvements	452
Gross Amount Carried at Close of Period, Total	802
Accumulated Depreciation	$ 145
Depreciable Life	40 years
Entertainment | New York ENY 007
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	494
Initial Cost to Company, Building and Improvements	640
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	494
Gross Amount Carried at Close of Period, Building and Improvements	640
Gross Amount Carried at Close of Period, Total	1,134
Accumulated Depreciation	$ 205
Depreciable Life	40 years
Entertainment | New York ENY 006
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	326
Initial Cost to Company, Building and Improvements	421
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	326
Gross Amount Carried at Close of Period, Building and Improvements	421
Gross Amount Carried at Close of Period, Total	747
Accumulated Depreciation	$ 135
Depreciable Life	40 years
Entertainment | New York ENY 008
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	320
Initial Cost to Company, Building and Improvements	414
Cost Capitalized Subsequent to Acquisition	(2)
Gross Amount Carried at Close of Period, Land	320
Gross Amount Carried at Close of Period, Building and Improvements	412
Gross Amount Carried at Close of Period, Total	732
Accumulated Depreciation	$ 133
Depreciable Life	40 years
Entertainment | New York ENY 009
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	399
Initial Cost to Company, Building and Improvements	516
Cost Capitalized Subsequent to Acquisition	(2)
Gross Amount Carried at Close of Period, Land	399
Gross Amount Carried at Close of Period, Building and Improvements	514
Gross Amount Carried at Close of Period, Total	913
Accumulated Depreciation	$ 165
Depreciable Life	40 years
Entertainment | New York ENY 010
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	959
Initial Cost to Company, Building and Improvements	1,240
Cost Capitalized Subsequent to Acquisition	(7)
Gross Amount Carried at Close of Period, Land	959
Gross Amount Carried at Close of Period, Building and Improvements	1,233
Gross Amount Carried at Close of Period, Total	2,192
Accumulated Depreciation	$ 397
Depreciable Life	40 years
Entertainment | New York ENY 011
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	587
Initial Cost to Company, Building and Improvements	761
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	587
Gross Amount Carried at Close of Period, Building and Improvements	761
Gross Amount Carried at Close of Period, Total	1,348
Accumulated Depreciation	$ 243
Depreciable Life	40 years
Entertainment | New York ENY 012
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	521
Initial Cost to Company, Building and Improvements	675
Cost Capitalized Subsequent to Acquisition	(4)
Gross Amount Carried at Close of Period, Land	521
Gross Amount Carried at Close of Period, Building and Improvements	671
Gross Amount Carried at Close of Period, Total	1,192
Accumulated Depreciation	$ 216
Depreciable Life	40 years
Entertainment | New York ENY 013
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	711
Initial Cost to Company, Building and Improvements	920
Cost Capitalized Subsequent to Acquisition	(1)
Gross Amount Carried at Close of Period, Land	711
Gross Amount Carried at Close of Period, Building and Improvements	919
Gross Amount Carried at Close of Period, Total	1,630
Accumulated Depreciation	$ 294
Depreciable Life	40 years
Entertainment | New York ENY 014
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	558
Initial Cost to Company, Building and Improvements	723
Cost Capitalized Subsequent to Acquisition	(4)
Gross Amount Carried at Close of Period, Land	558
Gross Amount Carried at Close of Period, Building and Improvements	719
Gross Amount Carried at Close of Period, Total	1,277
Accumulated Depreciation	$ 231
Depreciable Life	40 years
Entertainment | New York ENY 015
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	747
Initial Cost to Company, Building and Improvements	967
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	747
Gross Amount Carried at Close of Period, Building and Improvements	967
Gross Amount Carried at Close of Period, Total	1,714
Accumulated Depreciation	$ 309
Depreciable Life	40 years
Entertainment | New York ENY 016
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	683
Initial Cost to Company, Building and Improvements	885
Cost Capitalized Subsequent to Acquisition	(5)
Gross Amount Carried at Close of Period, Land	683
Gross Amount Carried at Close of Period, Building and Improvements	880
Gross Amount Carried at Close of Period, Total	1,563
Accumulated Depreciation	$ 283
Depreciable Life	40 years
Entertainment | New York ENY 017
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	1,492
Initial Cost to Company, Building and Improvements	1,933
Cost Capitalized Subsequent to Acquisition	(2)
Gross Amount Carried at Close of Period, Land	1,492
Gross Amount Carried at Close of Period, Building and Improvements	1,931
Gross Amount Carried at Close of Period, Total	3,423
Accumulated Depreciation	$ 618
Depreciable Life	40 years
Entertainment | New York ENY 018
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	1,471
Initial Cost to Company, Building and Improvements	1,904
Cost Capitalized Subsequent to Acquisition	(10)
Gross Amount Carried at Close of Period, Land	1,471
Gross Amount Carried at Close of Period, Building and Improvements	1,894
Gross Amount Carried at Close of Period, Total	3,365
Accumulated Depreciation	$ 610
Depreciable Life	40 years
Entertainment | North Carolina ENC 001
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	397
Initial Cost to Company, Building and Improvements	513
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	397
Gross Amount Carried at Close of Period, Building and Improvements	513
Gross Amount Carried at Close of Period, Total	910
Accumulated Depreciation	$ 164
Depreciable Life	40 years
Entertainment | North Carolina ENC 002
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	476
Initial Cost to Company, Building and Improvements	615
Cost Capitalized Subsequent to Acquisition	(3)
Gross Amount Carried at Close of Period, Land	476
Gross Amount Carried at Close of Period, Building and Improvements	612
Gross Amount Carried at Close of Period, Total	1,088
Accumulated Depreciation	$ 197
Depreciable Life	40 years
Entertainment | North Carolina ENC 003
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	410
Initial Cost to Company, Building and Improvements	530
Cost Capitalized Subsequent to Acquisition	(3)
Gross Amount Carried at Close of Period, Land	410
Gross Amount Carried at Close of Period, Building and Improvements	527
Gross Amount Carried at Close of Period, Total	937
Accumulated Depreciation	$ 170
Depreciable Life	40 years
Entertainment | North Carolina ENC 004
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	402
Initial Cost to Company, Building and Improvements	520
Cost Capitalized Subsequent to Acquisition	(3)
Gross Amount Carried at Close of Period, Land	402
Gross Amount Carried at Close of Period, Building and Improvements	517
Gross Amount Carried at Close of Period, Total	919
Accumulated Depreciation	$ 167
Depreciable Life	40 years
Entertainment | North Carolina ENC 005
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	948
Initial Cost to Company, Building and Improvements	1,227
Cost Capitalized Subsequent to Acquisition	(1)
Gross Amount Carried at Close of Period, Land	948
Gross Amount Carried at Close of Period, Building and Improvements	1,226
Gross Amount Carried at Close of Period, Total	2,174
Accumulated Depreciation	$ 392
Depreciable Life	40 years
Entertainment | North Carolina ENC 006
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	259
Initial Cost to Company, Building and Improvements	336
Cost Capitalized Subsequent to Acquisition	(2)
Gross Amount Carried at Close of Period, Land	259
Gross Amount Carried at Close of Period, Building and Improvements	334
Gross Amount Carried at Close of Period, Total	593
Accumulated Depreciation	$ 107
Depreciable Life	40 years
Entertainment | North Carolina ENC 007
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	349
Initial Cost to Company, Building and Improvements	452
Cost Capitalized Subsequent to Acquisition	(1)
Gross Amount Carried at Close of Period, Land	349
Gross Amount Carried at Close of Period, Building and Improvements	451
Gross Amount Carried at Close of Period, Total	800
Accumulated Depreciation	$ 144
Depreciable Life	40 years
Entertainment | North Carolina ENC 008
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	640
Initial Cost to Company, Building and Improvements	828
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	640
Gross Amount Carried at Close of Period, Building and Improvements	828
Gross Amount Carried at Close of Period, Total	1,468
Accumulated Depreciation	$ 265
Depreciable Life	40 years
Entertainment | North Carolina ENC 009
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	409
Initial Cost to Company, Building and Improvements	531
Cost Capitalized Subsequent to Acquisition	(1)
Gross Amount Carried at Close of Period, Land	409
Gross Amount Carried at Close of Period, Building and Improvements	530
Gross Amount Carried at Close of Period, Total	939
Accumulated Depreciation	$ 169
Depreciable Life	40 years
Entertainment | North Carolina ENC 010
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	965
Initial Cost to Company, Building and Improvements	1,249
Cost Capitalized Subsequent to Acquisition	(7)
Gross Amount Carried at Close of Period, Land	965
Gross Amount Carried at Close of Period, Building and Improvements	1,242
Gross Amount Carried at Close of Period, Total	2,207
Accumulated Depreciation	$ 400
Depreciable Life	40 years
Entertainment | North Carolina ENC 011
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	475
Initial Cost to Company, Building and Improvements	615
Cost Capitalized Subsequent to Acquisition	(1)
Gross Amount Carried at Close of Period, Land	475
Gross Amount Carried at Close of Period, Building and Improvements	614
Gross Amount Carried at Close of Period, Total	1,089
Accumulated Depreciation	$ 197
Depreciable Life	40 years
Entertainment | North Carolina ENC 012
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	494
Initial Cost to Company, Building and Improvements	638
Cost Capitalized Subsequent to Acquisition	(3)
Gross Amount Carried at Close of Period, Land	494
Gross Amount Carried at Close of Period, Building and Improvements	635
Gross Amount Carried at Close of Period, Total	1,129
Accumulated Depreciation	$ 205
Depreciable Life	40 years
Entertainment | Ohio EOH 001
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	434
Initial Cost to Company, Building and Improvements	562
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	434
Gross Amount Carried at Close of Period, Building and Improvements	562
Gross Amount Carried at Close of Period, Total	996
Accumulated Depreciation	$ 180
Depreciable Life	40 years
Entertainment | Ohio EOH 002
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	967
Initial Cost to Company, Building and Improvements	1,252
Cost Capitalized Subsequent to Acquisition	(7)
Gross Amount Carried at Close of Period, Land	967
Gross Amount Carried at Close of Period, Building and Improvements	1,245
Gross Amount Carried at Close of Period, Total	2,212
Accumulated Depreciation	$ 401
Depreciable Life	40 years
Entertainment | Ohio EOH 003
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	281
Initial Cost to Company, Building and Improvements	365
Cost Capitalized Subsequent to Acquisition	(2)
Gross Amount Carried at Close of Period, Land	281
Gross Amount Carried at Close of Period, Building and Improvements	363
Gross Amount Carried at Close of Period, Total	644
Accumulated Depreciation	$ 117
Depreciable Life	40 years
Entertainment | Ohio EOH 004
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	393
Initial Cost to Company, Building and Improvements	508
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	393
Gross Amount Carried at Close of Period, Building and Improvements	508
Gross Amount Carried at Close of Period, Total	901
Accumulated Depreciation	$ 163
Depreciable Life	40 years
Entertainment | Oklahoma EOK 001
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	431
Initial Cost to Company, Building and Improvements	557
Cost Capitalized Subsequent to Acquisition	(3)
Gross Amount Carried at Close of Period, Land	431
Gross Amount Carried at Close of Period, Building and Improvements	554
Gross Amount Carried at Close of Period, Total	985
Accumulated Depreciation	$ 178
Depreciable Life	40 years
Entertainment | Oklahoma EOK 002
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	954
Initial Cost to Company, Building and Improvements	1,235
Cost Capitalized Subsequent to Acquisition	(1)
Gross Amount Carried at Close of Period, Land	954
Gross Amount Carried at Close of Period, Building and Improvements	1,234
Gross Amount Carried at Close of Period, Total	2,188
Accumulated Depreciation	$ 395
Depreciable Life	40 years
Entertainment | Oregon EOR 002
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	393
Initial Cost to Company, Building and Improvements	508
Cost Capitalized Subsequent to Acquisition	(3)
Gross Amount Carried at Close of Period, Land	393
Gross Amount Carried at Close of Period, Building and Improvements	505
Gross Amount Carried at Close of Period, Total	898
Accumulated Depreciation	$ 163
Depreciable Life	40 years
Entertainment | Pennsylvania EPA 001
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	407
Initial Cost to Company, Building and Improvements	527
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	407
Gross Amount Carried at Close of Period, Building and Improvements	527
Gross Amount Carried at Close of Period, Total	934
Accumulated Depreciation	$ 168
Depreciable Life	40 years
Entertainment | Pennsylvania EPA 002
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	421
Initial Cost to Company, Building and Improvements	544
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	421
Gross Amount Carried at Close of Period, Building and Improvements	544
Gross Amount Carried at Close of Period, Total	965
Accumulated Depreciation	$ 174
Depreciable Life	40 years
Entertainment | Pennsylvania EPA 003
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	409
Initial Cost to Company, Building and Improvements	528
Cost Capitalized Subsequent to Acquisition	(2)
Gross Amount Carried at Close of Period, Land	409
Gross Amount Carried at Close of Period, Building and Improvements	526
Gross Amount Carried at Close of Period, Total	935
Accumulated Depreciation	$ 169
Depreciable Life	40 years
Entertainment | Pennsylvania EPA 004
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	407
Initial Cost to Company, Building and Improvements	527
Cost Capitalized Subsequent to Acquisition	(2)
Gross Amount Carried at Close of Period, Land	407
Gross Amount Carried at Close of Period, Building and Improvements	525
Gross Amount Carried at Close of Period, Total	932
Accumulated Depreciation	$ 169
Depreciable Life	40 years
Entertainment | Puerto Rico EPR 001
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	950
Initial Cost to Company, Building and Improvements	1,230
Cost Capitalized Subsequent to Acquisition	(1)
Gross Amount Carried at Close of Period, Land	950
Gross Amount Carried at Close of Period, Building and Improvements	1,229
Gross Amount Carried at Close of Period, Total	2,179
Accumulated Depreciation	$ 393
Depreciable Life	40 years
Entertainment | Rhode Island ERI 001
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	850
Initial Cost to Company, Building and Improvements	1,100
Cost Capitalized Subsequent to Acquisition	(5)
Gross Amount Carried at Close of Period, Land	850
Gross Amount Carried at Close of Period, Building and Improvements	1,095
Gross Amount Carried at Close of Period, Total	1,945
Accumulated Depreciation	$ 352
Depreciable Life	40 years
Entertainment | South Carolina ESC 002
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	332
Initial Cost to Company, Building and Improvements	429
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	332
Gross Amount Carried at Close of Period, Building and Improvements	429
Gross Amount Carried at Close of Period, Total	761
Accumulated Depreciation	$ 137
Depreciable Life	40 years
Entertainment | Texas ETX 001
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	1,045
Initial Cost to Company, Building and Improvements	1,353
Cost Capitalized Subsequent to Acquisition	(1)
Gross Amount Carried at Close of Period, Land	1,045
Gross Amount Carried at Close of Period, Building and Improvements	1,352
Gross Amount Carried at Close of Period, Total	2,397
Accumulated Depreciation	$ 433
Depreciable Life	40 years
Entertainment | Texas ETX 002
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	593
Initial Cost to Company, Building and Improvements	767
Cost Capitalized Subsequent to Acquisition	(4)
Gross Amount Carried at Close of Period, Land	593
Gross Amount Carried at Close of Period, Building and Improvements	763
Gross Amount Carried at Close of Period, Total	1,356
Accumulated Depreciation	$ 246
Depreciable Life	40 years
Entertainment | Texas ETX 004
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	838
Initial Cost to Company, Building and Improvements	1,083
Cost Capitalized Subsequent to Acquisition	(5)
Gross Amount Carried at Close of Period, Land	838
Gross Amount Carried at Close of Period, Building and Improvements	1,078
Gross Amount Carried at Close of Period, Total	1,916
Accumulated Depreciation	$ 347
Depreciable Life	40 years
Entertainment | Texas ETX 005
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	528
Initial Cost to Company, Building and Improvements	682
Cost Capitalized Subsequent to Acquisition	(3)
Gross Amount Carried at Close of Period, Land	528
Gross Amount Carried at Close of Period, Building and Improvements	679
Gross Amount Carried at Close of Period, Total	1,207
Accumulated Depreciation	$ 219
Depreciable Life	40 years
Entertainment | Texas ETX 006
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	480
Initial Cost to Company, Building and Improvements	622
Cost Capitalized Subsequent to Acquisition	(3)
Gross Amount Carried at Close of Period, Land	480
Gross Amount Carried at Close of Period, Building and Improvements	619
Gross Amount Carried at Close of Period, Total	1,099
Accumulated Depreciation	$ 199
Depreciable Life	40 years
Entertainment | Texas ETX 007
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	975
Initial Cost to Company, Building and Improvements	1,261
Cost Capitalized Subsequent to Acquisition	(7)
Gross Amount Carried at Close of Period, Land	975
Gross Amount Carried at Close of Period, Building and Improvements	1,254
Gross Amount Carried at Close of Period, Total	2,229
Accumulated Depreciation	$ 404
Depreciable Life	40 years
Entertainment | Texas ETX 008
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	1,108
Initial Cost to Company, Building and Improvements	1,433
Cost Capitalized Subsequent to Acquisition	(7)
Gross Amount Carried at Close of Period, Land	1,108
Gross Amount Carried at Close of Period, Building and Improvements	1,426
Gross Amount Carried at Close of Period, Total	2,534
Accumulated Depreciation	$ 459
Depreciable Life	40 years
Entertainment | Texas ETX 009
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	425
Initial Cost to Company, Building and Improvements	549
Cost Capitalized Subsequent to Acquisition	(58)
Gross Amount Carried at Close of Period, Land	425
Gross Amount Carried at Close of Period, Building and Improvements	491
Gross Amount Carried at Close of Period, Total	916
Accumulated Depreciation	$ 165
Depreciable Life	40 years
Entertainment | Texas ETX 010
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	518
Initial Cost to Company, Building and Improvements	671
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	518
Gross Amount Carried at Close of Period, Building and Improvements	671
Gross Amount Carried at Close of Period, Total	1,189
Accumulated Depreciation	$ 214
Depreciable Life	40 years
Entertainment | Texas ETX 011
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	758
Initial Cost to Company, Building and Improvements	981
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	758
Gross Amount Carried at Close of Period, Building and Improvements	981
Gross Amount Carried at Close of Period, Total	1,739
Accumulated Depreciation	$ 314
Depreciable Life	40 years
Entertainment | Texas ETX 013
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	375
Initial Cost to Company, Building and Improvements	485
Cost Capitalized Subsequent to Acquisition	(2)
Gross Amount Carried at Close of Period, Land	375
Gross Amount Carried at Close of Period, Building and Improvements	483
Gross Amount Carried at Close of Period, Total	858
Accumulated Depreciation	$ 155
Depreciable Life	40 years
Entertainment | Texas ETX 014
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	438
Initial Cost to Company, Building and Improvements	567
Cost Capitalized Subsequent to Acquisition	(3)
Gross Amount Carried at Close of Period, Land	438
Gross Amount Carried at Close of Period, Building and Improvements	564
Gross Amount Carried at Close of Period, Total	1,002
Accumulated Depreciation	$ 182
Depreciable Life	40 years
Entertainment | Texas ETX 017
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	561
Initial Cost to Company, Building and Improvements	726
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	561
Gross Amount Carried at Close of Period, Building and Improvements	726
Gross Amount Carried at Close of Period, Total	1,287
Accumulated Depreciation	$ 232
Depreciable Life	40 years
Entertainment | Texas ETX 018
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	753
Initial Cost to Company, Building and Improvements	976
Cost Capitalized Subsequent to Acquisition	(1)
Gross Amount Carried at Close of Period, Land	753
Gross Amount Carried at Close of Period, Building and Improvements	975
Gross Amount Carried at Close of Period, Total	1,728
Accumulated Depreciation	$ 312
Depreciable Life	40 years
Entertainment | Texas ETX 019
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	521
Initial Cost to Company, Building and Improvements	675
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	521
Gross Amount Carried at Close of Period, Building and Improvements	675
Gross Amount Carried at Close of Period, Total	1,196
Accumulated Depreciation	$ 216
Depreciable Life	40 years
Entertainment | Texas ETX 020
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	634
Initial Cost to Company, Building and Improvements	821
Cost Capitalized Subsequent to Acquisition	(4)
Gross Amount Carried at Close of Period, Land	634
Gross Amount Carried at Close of Period, Building and Improvements	817
Gross Amount Carried at Close of Period, Total	1,451
Accumulated Depreciation	$ 263
Depreciable Life	40 years
Entertainment | Texas ETX 021
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	379
Initial Cost to Company, Building and Improvements	491
Cost Capitalized Subsequent to Acquisition	(3)
Gross Amount Carried at Close of Period, Land	379
Gross Amount Carried at Close of Period, Building and Improvements	488
Gross Amount Carried at Close of Period, Total	867
Accumulated Depreciation	$ 157
Depreciable Life	40 years
Entertainment | Texas ETX 022
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	592
Initial Cost to Company, Building and Improvements	766
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	592
Gross Amount Carried at Close of Period, Building and Improvements	766
Gross Amount Carried at Close of Period, Total	1,358
Accumulated Depreciation	$ 245
Depreciable Life	40 years
Entertainment | Virginia EVA 001
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	1,134
Initial Cost to Company, Building and Improvements	1,467
Cost Capitalized Subsequent to Acquisition	(1)
Gross Amount Carried at Close of Period, Land	1,134
Gross Amount Carried at Close of Period, Building and Improvements	1,466
Gross Amount Carried at Close of Period, Total	2,600
Accumulated Depreciation	$ 469
Depreciable Life	40 years
Entertainment | Virginia EVA 002
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	845
Initial Cost to Company, Building and Improvements	1,094
Cost Capitalized Subsequent to Acquisition	(1)
Gross Amount Carried at Close of Period, Land	845
Gross Amount Carried at Close of Period, Building and Improvements	1,093
Gross Amount Carried at Close of Period, Total	1,938
Accumulated Depreciation	$ 350
Depreciable Life	40 years
Entertainment | Virginia EVA 003
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	884
Initial Cost to Company, Building and Improvements	1,145
Cost Capitalized Subsequent to Acquisition	(6)
Gross Amount Carried at Close of Period, Land	884
Gross Amount Carried at Close of Period, Building and Improvements	1,139
Gross Amount Carried at Close of Period, Total	2,023
Accumulated Depreciation	$ 367
Depreciable Life	40 years
Entertainment | Virginia EVA 004
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	953
Initial Cost to Company, Building and Improvements	1,233
Cost Capitalized Subsequent to Acquisition	(7)
Gross Amount Carried at Close of Period, Land	953
Gross Amount Carried at Close of Period, Building and Improvements	1,226
Gross Amount Carried at Close of Period, Total	2,179
Accumulated Depreciation	$ 395
Depreciable Life	40 years
Entertainment | Virginia EVA 005
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	487
Initial Cost to Company, Building and Improvements	632
Cost Capitalized Subsequent to Acquisition	(1)
Gross Amount Carried at Close of Period, Land	487
Gross Amount Carried at Close of Period, Building and Improvements	631
Gross Amount Carried at Close of Period, Total	1,118
Accumulated Depreciation	$ 202
Depreciable Life	40 years
Entertainment | Virginia EVA 006
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	425
Initial Cost to Company, Building and Improvements	550
Cost Capitalized Subsequent to Acquisition	(3)
Gross Amount Carried at Close of Period, Land	425
Gross Amount Carried at Close of Period, Building and Improvements	547
Gross Amount Carried at Close of Period, Total	972
Accumulated Depreciation	$ 176
Depreciable Life	40 years
Entertainment | Virginia EVA 007
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	1,151
Initial Cost to Company, Building and Improvements	1,490
Cost Capitalized Subsequent to Acquisition	(8)
Gross Amount Carried at Close of Period, Land	1,151
Gross Amount Carried at Close of Period, Building and Improvements	1,482
Gross Amount Carried at Close of Period, Total	2,633
Accumulated Depreciation	$ 477
Depreciable Life	40 years
Entertainment | Virginia EVA 008
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	546
Initial Cost to Company, Building and Improvements	707
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	546
Gross Amount Carried at Close of Period, Building and Improvements	707
Gross Amount Carried at Close of Period, Total	1,253
Accumulated Depreciation	$ 226
Depreciable Life	40 years
Entertainment | Virginia EVA 009
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	851
Initial Cost to Company, Building and Improvements	1,103
Cost Capitalized Subsequent to Acquisition	(1)
Gross Amount Carried at Close of Period, Land	851
Gross Amount Carried at Close of Period, Building and Improvements	1,102
Gross Amount Carried at Close of Period, Total	1,953
Accumulated Depreciation	$ 352
Depreciable Life	40 years
Entertainment | Virginia EVA 010
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	819
Initial Cost to Company, Building and Improvements	1,061
Cost Capitalized Subsequent to Acquisition	(1)
Gross Amount Carried at Close of Period, Land	819
Gross Amount Carried at Close of Period, Building and Improvements	1,060
Gross Amount Carried at Close of Period, Total	1,879
Accumulated Depreciation	$ 339
Depreciable Life	40 years
Entertainment | Virginia EVA 011
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	958
Initial Cost to Company, Building and Improvements	1,240
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	958
Gross Amount Carried at Close of Period, Building and Improvements	1,240
Gross Amount Carried at Close of Period, Total	2,198
Accumulated Depreciation	$ 396
Depreciable Life	40 years
Entertainment | Virginia EVA 012
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	788
Initial Cost to Company, Building and Improvements	1,020
Cost Capitalized Subsequent to Acquisition	(5)
Gross Amount Carried at Close of Period, Land	788
Gross Amount Carried at Close of Period, Building and Improvements	1,015
Gross Amount Carried at Close of Period, Total	1,803
Accumulated Depreciation	$ 327
Depreciable Life	40 years
Entertainment | Virginia EVA 013
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	554
Initial Cost to Company, Building and Improvements	716
Cost Capitalized Subsequent to Acquisition	(4)
Gross Amount Carried at Close of Period, Land	554
Gross Amount Carried at Close of Period, Building and Improvements	712
Gross Amount Carried at Close of Period, Total	1,266
Accumulated Depreciation	$ 229
Depreciable Life	40 years
Entertainment | Washington EWA 001
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	1,500
Initial Cost to Company, Building and Improvements	6,500
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	1,500
Gross Amount Carried at Close of Period, Building and Improvements	6,500
Gross Amount Carried at Close of Period, Total	8,000
Accumulated Depreciation	$ 2,493
Depreciable Life	40 years
Entertainment | Wisconsin EWI 001
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	521
Initial Cost to Company, Building and Improvements	673
Cost Capitalized Subsequent to Acquisition	2
Gross Amount Carried at Close of Period, Land	521
Gross Amount Carried at Close of Period, Building and Improvements	675
Gross Amount Carried at Close of Period, Total	1,196
Accumulated Depreciation	$ 216
Depreciable Life	40 years
Entertainment | Wisconsin EWI 002
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	413
Initial Cost to Company, Building and Improvements	535
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	413
Gross Amount Carried at Close of Period, Building and Improvements	535
Gross Amount Carried at Close of Period, Total	948
Accumulated Depreciation	$ 171
Depreciable Life	40 years
Entertainment | Wisconsin EWI 004
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	793
Initial Cost to Company, Building and Improvements	1,025
Cost Capitalized Subsequent to Acquisition	(5)
Gross Amount Carried at Close of Period, Land	793
Gross Amount Carried at Close of Period, Building and Improvements	1,020
Gross Amount Carried at Close of Period, Total	1,813
Accumulated Depreciation	$ 328
Depreciable Life	40 years
Entertainment | Wisconsin EWI 005
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	1,124
Initial Cost to Company, Building and Improvements	1,455
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	1,124
Gross Amount Carried at Close of Period, Building and Improvements	1,455
Gross Amount Carried at Close of Period, Total	2,579
Accumulated Depreciation	$ 465
Depreciable Life	40 years
Retail
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	48,724
Initial Cost to Company, Building and Improvements	90,989
Cost Capitalized Subsequent to Acquisition	42,485
Gross Amount Carried at Close of Period, Land	47,797
Gross Amount Carried at Close of Period, Building and Improvements	134,401
Gross Amount Carried at Close of Period, Total	182,198
Accumulated Depreciation	23,606
Retail | Arizona RAZ 003
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost to Company, Land	2,625
Initial Cost to Company, Building and Improvements	4,875
Cost Capitalized Subsequent to Acquisition	2,569
Gross Amount Carried at Close of Period, Land	2,625
Gross Amount Carried at Close of Period, Building and Improvements	7,444
Gross Amount Carried at Close of Period, Total	10,069
Accumulated Depreciation	$ 1,193
Depreciable Life	40 years
Retail | Arizona RAZ 004
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	2,184
Initial Cost to Company, Building and Improvements	4,056
Cost Capitalized Subsequent to Acquisition	(1,588)
Gross Amount Carried at Close of Period, Land	2,184
Gross Amount Carried at Close of Period, Building and Improvements	2,468
Gross Amount Carried at Close of Period, Total	4,652
Accumulated Depreciation	$ 313
Depreciable Life	40 years
Retail | Arizona RAZ 005
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	2,657
Initial Cost to Company, Building and Improvements	2,666
Cost Capitalized Subsequent to Acquisition	(250)
Gross Amount Carried at Close of Period, Land	2,657
Gross Amount Carried at Close of Period, Building and Improvements	2,416
Gross Amount Carried at Close of Period, Total	5,073
Accumulated Depreciation	$ 526
Depreciable Life	40 years
Retail | Colorado RCO 001
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	2,631
Initial Cost to Company, Building and Improvements	279
Cost Capitalized Subsequent to Acquisition	5,195
Gross Amount Carried at Close of Period, Land	2,607
Gross Amount Carried at Close of Period, Building and Improvements	5,498
Gross Amount Carried at Close of Period, Total	8,105
Accumulated Depreciation	$ 1,315
Depreciable Life	40 years
Retail | Florida RFL 003
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	3,950
Initial Cost to Company, Building and Improvements	0
Cost Capitalized Subsequent to Acquisition	10,285
Gross Amount Carried at Close of Period, Land	3,908
Gross Amount Carried at Close of Period, Building and Improvements	10,327
Gross Amount Carried at Close of Period, Total	14,235
Accumulated Depreciation	$ 2,649
Depreciable Life	40 years
Retail | Hawaii RHI 001
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	3,393
Initial Cost to Company, Building and Improvements	21,155
Cost Capitalized Subsequent to Acquisition	(9,143)
Gross Amount Carried at Close of Period, Land	3,393
Gross Amount Carried at Close of Period, Building and Improvements	12,012
Gross Amount Carried at Close of Period, Total	15,405
Accumulated Depreciation	$ 2,634
Depreciable Life	40 years
Retail | Illinois RIL 002
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	14,934
Initial Cost to Company, Building and Improvements	29,675
Cost Capitalized Subsequent to Acquisition	19,353
Gross Amount Carried at Close of Period, Land	14,934
Gross Amount Carried at Close of Period, Building and Improvements	49,028
Gross Amount Carried at Close of Period, Total	63,962
Accumulated Depreciation	$ 5,099
Depreciable Life	40 years
Retail | Illinois RIL 001
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	0
Initial Cost to Company, Building and Improvements	336
Cost Capitalized Subsequent to Acquisition	1,572
Gross Amount Carried at Close of Period, Land	0
Gross Amount Carried at Close of Period, Building and Improvements	1,908
Gross Amount Carried at Close of Period, Total	1,908
Accumulated Depreciation	$ 875
Depreciable Life	40 years
Retail | New Mexico RNM 001
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	1,733
Initial Cost to Company, Building and Improvements	0
Cost Capitalized Subsequent to Acquisition	8,728
Gross Amount Carried at Close of Period, Land	1,705
Gross Amount Carried at Close of Period, Building and Improvements	8,756
Gross Amount Carried at Close of Period, Total	10,461
Accumulated Depreciation	$ 2,362
Depreciable Life	40 years
Retail | New York RNY 001
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	731
Initial Cost to Company, Building and Improvements	6,073
Cost Capitalized Subsequent to Acquisition	699
Gross Amount Carried at Close of Period, Land	711
Gross Amount Carried at Close of Period, Building and Improvements	6,792
Gross Amount Carried at Close of Period, Total	7,503
Accumulated Depreciation	$ 2,099
Depreciable Life	40 years
Retail | South Carolina RSC 001
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	2,126
Initial Cost to Company, Building and Improvements	948
Cost Capitalized Subsequent to Acquisition	(723)
Gross Amount Carried at Close of Period, Land	1,337
Gross Amount Carried at Close of Period, Building and Improvements	1,014
Gross Amount Carried at Close of Period, Total	2,351
Accumulated Depreciation	$ 241
Depreciable Life	40 years
Retail | Texas RTX 001
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	3,538
Initial Cost to Company, Building and Improvements	4,215
Cost Capitalized Subsequent to Acquisition	(187)
Gross Amount Carried at Close of Period, Land	3,514
Gross Amount Carried at Close of Period, Building and Improvements	4,052
Gross Amount Carried at Close of Period, Total	7,566
Accumulated Depreciation	$ 1,101
Depreciable Life	40 years
Retail | Utah RUT 001
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	3,502
Initial Cost to Company, Building and Improvements	0
Cost Capitalized Subsequent to Acquisition	5,975
Gross Amount Carried at Close of Period, Land	3,502
Gross Amount Carried at Close of Period, Building and Improvements	5,975
Gross Amount Carried at Close of Period, Total	9,477
Accumulated Depreciation	$ 1,515
Depreciable Life	40 years
Retail | Virginia RVA 001
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	4,720
Initial Cost to Company, Building and Improvements	16,711
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	4,720
Gross Amount Carried at Close of Period, Building and Improvements	16,711
Gross Amount Carried at Close of Period, Total	21,431
Accumulated Depreciation	$ 1,684
Depreciable Life	40 years
Hotel
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	50,854
Initial Cost to Company, Building and Improvements	215,997
Cost Capitalized Subsequent to Acquisition	(23,605)
Gross Amount Carried at Close of Period, Land	36,277
Gross Amount Carried at Close of Period, Building and Improvements	206,969
Gross Amount Carried at Close of Period, Total	243,246
Accumulated Depreciation	69,605
Hotel | California HCA 002
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost to Company, Land	4,394
Initial Cost to Company, Building and Improvements	27,030
Cost Capitalized Subsequent to Acquisition	(871)
Gross Amount Carried at Close of Period, Land	4,394
Gross Amount Carried at Close of Period, Building and Improvements	26,159
Gross Amount Carried at Close of Period, Total	30,553
Accumulated Depreciation	$ 12,636
Depreciable Life	40 years
Hotel | California HCA 003
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	3,308
Initial Cost to Company, Building and Improvements	20,623
Cost Capitalized Subsequent to Acquisition	(664)
Gross Amount Carried at Close of Period, Land	3,308
Gross Amount Carried at Close of Period, Building and Improvements	19,959
Gross Amount Carried at Close of Period, Total	23,267
Accumulated Depreciation	$ 9,623
Depreciable Life	40 years
Hotel | Colorado HCO 001
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	1,242
Initial Cost to Company, Building and Improvements	7,865
Cost Capitalized Subsequent to Acquisition	(253)
Gross Amount Carried at Close of Period, Land	1,242
Gross Amount Carried at Close of Period, Building and Improvements	7,612
Gross Amount Carried at Close of Period, Total	8,854
Accumulated Depreciation	$ 3,662
Depreciable Life	40 years
Hotel | Georgia HGA 001
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	6,378
Initial Cost to Company, Building and Improvements	25,514
Cost Capitalized Subsequent to Acquisition	3,533
Gross Amount Carried at Close of Period, Land	6,378
Gross Amount Carried at Close of Period, Building and Improvements	29,047
Gross Amount Carried at Close of Period, Total	35,425
Accumulated Depreciation	$ 5,588
Depreciable Life	40 years
Hotel | Hawaii HHI 001
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	17,996
Initial Cost to Company, Building and Improvements	17,996
Cost Capitalized Subsequent to Acquisition	(31,160)
Gross Amount Carried at Close of Period, Land	3,419
Gross Amount Carried at Close of Period, Building and Improvements	1,413
Gross Amount Carried at Close of Period, Total	4,832
Accumulated Depreciation	$ 4,531
Depreciable Life	40 years
Hotel | Hawaii HHI 002
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	3,000
Initial Cost to Company, Building and Improvements	12,000
Cost Capitalized Subsequent to Acquisition	5,071
Gross Amount Carried at Close of Period, Land	3,000
Gross Amount Carried at Close of Period, Building and Improvements	17,071
Gross Amount Carried at Close of Period, Total	20,071
Accumulated Depreciation	$ 2,298
Depreciable Life	40 years
Hotel | New Jersey HNJ 001
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances
Initial Cost to Company, Land	3,815
Initial Cost to Company, Building and Improvements	40,194
Cost Capitalized Subsequent to Acquisition	2,828
Gross Amount Carried at Close of Period, Land	3,815
Gross Amount Carried at Close of Period, Building and Improvements	43,022
Gross Amount Carried at Close of Period, Total	46,837
Accumulated Depreciation	$ 909
Depreciable Life	40 years
Hotel | Utah HUT 001
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	5,620
Initial Cost to Company, Building and Improvements	32,695
Cost Capitalized Subsequent to Acquisition	(1,058)
Gross Amount Carried at Close of Period, Land	5,620
Gross Amount Carried at Close of Period, Building and Improvements	31,637
Gross Amount Carried at Close of Period, Total	37,257
Accumulated Depreciation	$ 15,407
Depreciable Life	40 years
Hotel | Washington HWA 004
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	5,101
Initial Cost to Company, Building and Improvements	32,080
Cost Capitalized Subsequent to Acquisition	(1,031)
Gross Amount Carried at Close of Period, Land	5,101
Gross Amount Carried at Close of Period, Building and Improvements	31,049
Gross Amount Carried at Close of Period, Total	36,150
Accumulated Depreciation	$ 14,951
Depreciable Life	40 years
Apartment/Residential
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	116,414
Initial Cost to Company, Building and Improvements	289,098
Cost Capitalized Subsequent to Acquisition	(306,771)
Gross Amount Carried at Close of Period, Land	30,379
Gross Amount Carried at Close of Period, Building and Improvements	68,362
Gross Amount Carried at Close of Period, Total	98,741
Accumulated Depreciation	4,941
Apartment/Residential | Arizona AAZ 001
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances
Initial Cost to Company, Land	2,423
Initial Cost to Company, Building and Improvements	0
Cost Capitalized Subsequent to Acquisition	5,126
Gross Amount Carried at Close of Period, Land	2,423
Gross Amount Carried at Close of Period, Building and Improvements	5,126
Gross Amount Carried at Close of Period, Total	7,549
Accumulated Depreciation	$ 0
Depreciable Life	0 years
Apartment/Residential | Arizona AAZ 002
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances
Initial Cost to Company, Land	0
Initial Cost to Company, Building and Improvements	1,788
Cost Capitalized Subsequent to Acquisition	(632)
Gross Amount Carried at Close of Period, Land	0
Gross Amount Carried at Close of Period, Building and Improvements	1,156
Gross Amount Carried at Close of Period, Total	1,156
Accumulated Depreciation	$ 0
Depreciable Life	0 years
Apartment/Residential | California ACA 002
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	10,078
Initial Cost to Company, Building and Improvements	40,312
Cost Capitalized Subsequent to Acquisition	(48,648)
Gross Amount Carried at Close of Period, Land	348
Gross Amount Carried at Close of Period, Building and Improvements	1,394
Gross Amount Carried at Close of Period, Total	1,742
Accumulated Depreciation	$ 0
Depreciable Life	0 years
Apartment/Residential | Georgia AGA 001
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	2,963
Initial Cost to Company, Building and Improvements	11,850
Cost Capitalized Subsequent to Acquisition	16,457
Gross Amount Carried at Close of Period, Land	6,254
Gross Amount Carried at Close of Period, Building and Improvements	25,016
Gross Amount Carried at Close of Period, Total	31,270
Accumulated Depreciation	$ 0
Depreciable Life	0 years
Apartment/Residential | New Jersey ANJ 001
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	36,405
Initial Cost to Company, Building and Improvements	64,719
Cost Capitalized Subsequent to Acquisition	(100,639)
Gross Amount Carried at Close of Period, Land	175
Gross Amount Carried at Close of Period, Building and Improvements	310
Gross Amount Carried at Close of Period, Total	485
Accumulated Depreciation	$ 0
Depreciable Life	0 years
Apartment/Residential | Pennsylvania APA 001
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	44,438
Initial Cost to Company, Building and Improvements	82,527
Cost Capitalized Subsequent to Acquisition	(123,902)
Gross Amount Carried at Close of Period, Land	1,072
Gross Amount Carried at Close of Period, Building and Improvements	1,991
Gross Amount Carried at Close of Period, Total	3,063
Accumulated Depreciation	$ 0
Depreciable Life	0 years
Apartment/Residential | Pennsylvania APA 002
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	15,890
Initial Cost to Company, Building and Improvements	29,510
Cost Capitalized Subsequent to Acquisition	(16,120)
Gross Amount Carried at Close of Period, Land	15,890
Gross Amount Carried at Close of Period, Building and Improvements	13,390
Gross Amount Carried at Close of Period, Total	29,280
Accumulated Depreciation	$ 0
Depreciable Life	0 years
Apartment/Residential | Washington AWA 002
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	2,342
Initial Cost to Company, Building and Improvements	44,478
Cost Capitalized Subsequent to Acquisition	(32,266)
Gross Amount Carried at Close of Period, Land	2,342
Gross Amount Carried at Close of Period, Building and Improvements	12,212
Gross Amount Carried at Close of Period, Total	14,554
Accumulated Depreciation	$ 0
Depreciable Life	0 years
Apartment/Residential | Wisconsin OWI 001
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	1,875
Initial Cost to Company, Building and Improvements	13,914
Cost Capitalized Subsequent to Acquisition	(6,147)
Gross Amount Carried at Close of Period, Land	1,875
Gross Amount Carried at Close of Period, Building and Improvements	7,767
Gross Amount Carried at Close of Period, Total	9,642
Accumulated Depreciation	$ 4,941
Depreciable Life	40 years
Mixed Use Collateral
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	45,468
Initial Cost to Company, Building and Improvements	114,795
Cost Capitalized Subsequent to Acquisition	20,560
Gross Amount Carried at Close of Period, Land	45,468
Gross Amount Carried at Close of Period, Building and Improvements	135,355
Gross Amount Carried at Close of Period, Total	180,823
Accumulated Depreciation	20,668
Mixed Use Collateral | Arizona MAZ 002
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost to Company, Land	10,182
Initial Cost to Company, Building and Improvements	52,544
Cost Capitalized Subsequent to Acquisition	33,138
Gross Amount Carried at Close of Period, Land	10,182
Gross Amount Carried at Close of Period, Building and Improvements	85,682
Gross Amount Carried at Close of Period, Total	95,864
Accumulated Depreciation	$ 13,148
Depreciable Life	40 years
Mixed Use Collateral | California MCA 001
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	5,869
Initial Cost to Company, Building and Improvements	629
Cost Capitalized Subsequent to Acquisition	2
Gross Amount Carried at Close of Period, Land	5,869
Gross Amount Carried at Close of Period, Building and Improvements	631
Gross Amount Carried at Close of Period, Total	6,500
Accumulated Depreciation	$ 388
Depreciable Life	40 years
Mixed Use Collateral | Florida MFL 002
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances
Initial Cost to Company, Land	18,229
Initial Cost to Company, Building and Improvements	20,899
Cost Capitalized Subsequent to Acquisition	1,831
Gross Amount Carried at Close of Period, Land	18,229
Gross Amount Carried at Close of Period, Building and Improvements	22,730
Gross Amount Carried at Close of Period, Total	40,959
Accumulated Depreciation	$ 2,979
Depreciable Life	40 years
Mixed Use Collateral | Florida MFL 003
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances
Initial Cost to Company, Land	2,507
Initial Cost to Company, Building and Improvements	8,155
Cost Capitalized Subsequent to Acquisition	1,251
Gross Amount Carried at Close of Period, Land	2,507
Gross Amount Carried at Close of Period, Building and Improvements	9,406
Gross Amount Carried at Close of Period, Total	11,913
Accumulated Depreciation	$ 1,325
Depreciable Life	40 years
Mixed Use Collateral | Florida MFL 004
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances
Initial Cost to Company, Land	4,201
Initial Cost to Company, Building and Improvements	14,652
Cost Capitalized Subsequent to Acquisition	902
Gross Amount Carried at Close of Period, Land	4,201
Gross Amount Carried at Close of Period, Building and Improvements	15,554
Gross Amount Carried at Close of Period, Total	19,755
Accumulated Depreciation	$ 1,708
Depreciable Life	40 years
Mixed Use Collateral | Georgia MGA 001
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 0
Initial Cost to Company, Land	4,480
Initial Cost to Company, Building and Improvements	17,916
Cost Capitalized Subsequent to Acquisition	(16,564)
Gross Amount Carried at Close of Period, Land	4,480
Gross Amount Carried at Close of Period, Building and Improvements	1,352
Gross Amount Carried at Close of Period, Total	5,832
Accumulated Depreciation	$ 1,120
Depreciable Life	40 years
Land and Land Development Assets
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Accumulated Depreciation	$ 6,500
Assets Held-for-Sale
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Accumulated Depreciation	$ 4,800

Schedule III - Real Estate a113

Schedule III - Real Estate and Accumulated Depreciation - Real Estate Reconciliation (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
SEC Schedule III, Reconciliation of Carrying Amount of Real Estate Investments [Roll Forward]
Balance at January 1	$ 3,200,342	$ 3,444,676	$ 3,589,072
Improvements and additions	169,999	183,269	145,238
Acquisitions through foreclosure	40,583	14,505	77,867
Other acquisitions	30,618	0	4,666
Dispositions	(484,810)	(431,928)	(341,453)
Impairments	(9,543)	(10,180)	(30,714)
Balance at December 31	$ 2,947,189	$ 3,200,342	$ 3,444,676

Schedule III - Real Estate a114

Schedule III - Real Estate and Accumulated Depreciation - Accumulated Depreciation Reconciliation (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
SEC Schedule III, Reconciliation of Real Estate Accumulated Depreciation [Roll Forward]
Balance at January 1	$ (467,122)	$ (481,980)	$ (432,374)
Additions	(48,381)	(57,049)	(62,299)
Dispositions	89,395	71,907	12,693
Balance at December 31	$ (426,108)	$ (467,122)	$ (481,980)

Schedule IV - Mortgage Loans115

Schedule IV - Mortgage Loans on Real Estate - Schedule of Mortgage Loans on Real Estate (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Mortgage Loans on Real Estate [Line Items]
Face Amount of Mortgages	$ 966,709
Carrying Amount of Mortgages	915,905	$ 934,964	$ 726,426	$ 827,796
Reserves on impaired loans	49,800
Borrower A
Mortgage Loans on Real Estate [Line Items]
Prior Liens	0
Face Amount of Mortgages	236,504
Carrying Amount of Mortgages	$ 237,291
Borrower A | Contractual Interest Accrual Rates
Mortgage Loans on Real Estate [Line Items]
Variable spread on LIBOR	6.75%
Borrower A | Contractual Interest Payment Rates
Mortgage Loans on Real Estate [Line Items]
Variable spread on LIBOR	6.75%
Borrower A | Minimum
Mortgage Loans on Real Estate [Line Items]
Variable spread on LIBOR	0.19%
Borrower B
Mortgage Loans on Real Estate [Line Items]
Prior Liens	$ 0
Face Amount of Mortgages	168,901
Carrying Amount of Mortgages	$ 168,213
Borrower B | Contractual Interest Accrual Rates
Mortgage Loans on Real Estate [Line Items]
Variable spread on LIBOR	5.25%
Borrower B | Contractual Interest Payment Rates
Mortgage Loans on Real Estate [Line Items]
Variable spread on LIBOR	5.25%
Borrower C
Mortgage Loans on Real Estate [Line Items]
Prior Liens	$ 0
Face Amount of Mortgages	128,445
Carrying Amount of Mortgages	$ 129,062
Borrower C | Contractual Interest Accrual Rates
Mortgage Loans on Real Estate [Line Items]
Variable spread on LIBOR	6.00%
Borrower C | Contractual Interest Payment Rates
Mortgage Loans on Real Estate [Line Items]
Variable spread on LIBOR	6.00%
Borrower D
Mortgage Loans on Real Estate [Line Items]
Prior Liens	$ 0
Face Amount of Mortgages	86,000
Carrying Amount of Mortgages	$ 86,321
Borrower D | Contractual Interest Accrual Rates
Mortgage Loans on Real Estate [Line Items]
Variable spread on LIBOR	6.00%
Borrower D | Contractual Interest Payment Rates
Mortgage Loans on Real Estate [Line Items]
Variable spread on LIBOR	6.00%
Borrower D | Minimum
Mortgage Loans on Real Estate [Line Items]
Variable spread on LIBOR	0.18%
Borrower E
Mortgage Loans on Real Estate [Line Items]
Prior Liens	$ 0
Face Amount of Mortgages	57,424
Carrying Amount of Mortgages	$ 56,673
Borrower E | Contractual Interest Accrual Rates
Mortgage Loans on Real Estate [Line Items]
Variable spread on LIBOR	8.00%
Borrower E | Contractual Interest Payment Rates
Mortgage Loans on Real Estate [Line Items]
Variable spread on LIBOR	8.00%
Borrower E | Minimum
Mortgage Loans on Real Estate [Line Items]
Variable spread on LIBOR	0.25%
Borrower F
Mortgage Loans on Real Estate [Line Items]
Prior Liens	$ 0
Face Amount of Mortgages	36,860
Carrying Amount of Mortgages	$ 37,004
Borrower F | Contractual Interest Accrual Rates
Mortgage Loans on Real Estate [Line Items]
Variable spread on LIBOR	6.50%
Borrower F | Contractual Interest Payment Rates
Mortgage Loans on Real Estate [Line Items]
Variable spread on LIBOR	6.50%
Senior Mortgages Individually Less than 3 Percent
Mortgage Loans on Real Estate [Line Items]
Face Amount of Mortgages	$ 227,650
Carrying Amount of Mortgages	$ 176,400
Senior Mortgages Individually Less than 3 Percent | Contractual Interest Accrual Rates
Mortgage Loans on Real Estate [Line Items]
Minimum interest rate	4.00%
Maximum interest rate	9.68%
Senior Mortgages Individually Less than 3 Percent | Contractual Interest Payment Rates
Mortgage Loans on Real Estate [Line Items]
Minimum interest rate	4.00%
Maximum interest rate	9.68%
Senior Mortgages Individually Less than 3 Percent | Minimum | Contractual Interest Accrual Rates
Mortgage Loans on Real Estate [Line Items]
Variable spread on LIBOR	3.00%
Senior Mortgages Individually Less than 3 Percent | Minimum | Contractual Interest Payment Rates
Mortgage Loans on Real Estate [Line Items]
Variable spread on LIBOR	3.00%
Senior Mortgages Individually Less than 3 Percent | Maximum | Contractual Interest Accrual Rates
Mortgage Loans on Real Estate [Line Items]
Variable spread on LIBOR	7.50%
Senior Mortgages Individually Less than 3 Percent | Maximum | Contractual Interest Payment Rates
Mortgage Loans on Real Estate [Line Items]
Variable spread on LIBOR	7.50%
Senior Mortgages
Mortgage Loans on Real Estate [Line Items]
Face Amount of Mortgages	$ 941,784
Carrying Amount of Mortgages	890,964
Subordinate Mortgages Individually Less than 3 Percent
Mortgage Loans on Real Estate [Line Items]
Face Amount of Mortgages	24,925
Carrying Amount of Mortgages	$ 24,941
Subordinate Mortgages Individually Less than 3 Percent | Contractual Interest Accrual Rates
Mortgage Loans on Real Estate [Line Items]
Minimum interest rate	6.80%
Maximum interest rate	14.00%
Subordinate Mortgages Individually Less than 3 Percent | Contractual Interest Payment Rates
Mortgage Loans on Real Estate [Line Items]
Minimum interest rate	8.33%
Maximum interest rate	9.09%
Subordinate Mortgages
Mortgage Loans on Real Estate [Line Items]
Face Amount of Mortgages	$ 24,925
Carrying Amount of Mortgages	$ 24,941

Schedule IV - Mortgage Loans116

Schedule IV - Mortgage Loans on Real Estate - Reconciliation of Mortgage Loans on Real Estate (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Movement in Mortgage Loans on Real Estate [Roll Forward]
Balance at January 1	$ 934,964	$ 726,426	$ 827,796
Additions:
New mortgage loans	25,893	237,031	476,332
Additions under existing mortgage loans	165,275	92,887	13,108
Other	30,694	33,080	26,156
Deductions:
Collections of principal	(247,431)	(151,464)	(532,465)
Recovery of (provision for) loan losses	9,747	(6,186)	483
Transfers (to) from real estate and equity investments	(3,177)	3,261	(84,912)
Amortization of premium	(60)	(71)	(72)
Balance at December 31	915,905	934,964	726,426
Charge offs	$ 10,100	$ 1,000	$ 239,600