Istar inc. (STAR)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Revenues:
Revenues

479,496

798,122

679,202

455,187

496,034

445,150

390,790

397,539

462,465

601,457

758,987

Costs and expenses:
Interest expense

183,919

183,751

194,686

221,398

224,639

224,483

266,225

355,097

342,186

313,766

413,091

Operating costs-net lease assets

-

-

-

-

-

-

-

-

-

-

15,799

Depreciation, Depletion and Amortization, Nonproduction

58,259

58,699

49,033

51,660

62,045

70,375

71,266

68,770

58,091

57,220

61,643

General and administrative

98,609

92,135

98,882

84,027

81,277

88,287

92,114

80,856

105,039

109,526

124,152

Provision for (recovery of) loan losses

6,482

16,937

-5,828

12,514

36,567

-1,714

5,489

81,740

46,412

331,487

1,255,357

Recovery of loan losses

-

-

-

12,514

-

-

-

-

-

-

-

Asset Impairment Charges

13,419

147,108

32,379

14,484

10,524

34,634

12,589

13,778

13,239

12,809

126,885

Other expense

13,120

6,040

20,954

5,883

6,374

6,340

8,050

17,266

11,070

16,055

62,329

Total costs and expenses

575,897

994,140

718,639

564,467

635,317

598,074

613,174

768,965

714,751

962,262

2,100,122

Gain from discontinued operations

0

0

123,418

0

0

-

22,233

27,257

25,110

270,382

12,426

Gain (Loss) on Sale of Properties

236,623

126,004

92,049

105,296

93,816

89,943

86,658

63,472

-

-

-

Loss from operations before earnings from equity method investments and other items

140,222

-70,014

52,612

-3,984

-139,283

-152,924

-222,384

-371,426

-252,286

-360,805

-1,341,135

Gain (Loss) on Extinguishment of Debt

-27,724

-10,367

-14,724

-1,619

-281

-25,369

-33,190

-37,816

101,466

108,923

547,349

Income (Loss) from Equity Method Investments

41,849

-5,007

13,015

77,349

32,153

94,905

41,520

103,009

95,091

51,908

5,298

Selling profit from sales-type leases

180,416

-

-

-

-

-

-

-

-

-

-

Gain on consolidation of equity method investment

0

67,877

0

0

-

-

-

-

-

-

-

Loss on transfer of interest to unconsolidated subsidiary

-

-

-

-

-

-

-7,373

0

0

-

-

Net loss before income taxes

334,763

-17,511

50,903

71,746

-107,411

-83,388

-221,427

-306,233

-55,729

-199,974

-788,488

Income Tax Expense (Benefit)

438

815

-948

-10,166

7,639

3,912

-659

8,445

-4,719

7,023

4,141

Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest

334,325

-18,326

51,851

81,912

-115,050

-87,300

-220,768

-314,678

-51,010

-206,997

-792,629

Income from discontinued operations

0

0

4,939

18,270

15,077

13,122

644

-17,481

-5,514

16,821

10,356

Income from sales of residential property

-

-

-

-

-

-

-

-

5,721

0

-

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

334,325

-18,326

180,208

100,182

-6,157

15,765

-111,233

-241,430

-25,693

80,206

-769,847

Net Income (Loss) Attributable to Noncontrolling Interest

10,283

13,936

4,526

4,876

-3,722

-704

718

-1,500

-3,629

523

-1,071

Net loss attributable to iStar Inc.

324,042

-32,262

175,682

95,306

-2,435

16,469

-111,951

-239,930

-22,064

79,683

-768,776

Preferred dividends

32,495

32,495

64,758

51,320

51,320

51,320

49,020

42,320

42,320

42,320

42,320

Net income allocable to Participating Security holders(2)

-

-

-

-14

1,080

1,129

5,202

9,253

1,997

-1,084

22,526

Net loss allocable to common shareholders

291,547

-64,757

110,924

43,972

-52,675

-33,722

-155,769

-272,997

-62,387

36,279

-788,570

Per common share data:
Income (loss) attributable to iStar Inc. from continuing operations:
Income (Loss) from Continuing Operations, Per Basic Share

4.51

-0.95

-0.25

0.35

-0.79

-0.55

-

-

-

-2.60

-8.10

Income (Loss) from Continuing Operations, Per Diluted Share

3.73

-0.95

-0.25

0.35

-0.79

-0.55

-

-

-

-2.60

-8.10

Basic and diluted (in dollars per share)

-

-

-

-

-

-

-2.09

-3.37

-0.91

-

-

Earnings Per Share, Basic and Diluted [Abstract]
Earnings Per Share [Abstract]
Basic and diluted (in dollars per share)

-

-

-

-

-

-

-1.83

-3.26

-0.70

-

-

Basic (in dollars per share)

4.51

-0.95

1.56

0.60

-0.62

-0.40

-

-

-

0.39

-7.88

Diluted (in dollars per share)

3.73

-0.95

1.56

0.60

-0.62

-0.40

-

-

-

0.39

-7.88

Weighted average number of common shares:
Weighted average number of common shares:
Basic and diluted (in shares)

-

-

-

-

-

-

84,990

83,742

88,688

-

-

Basic (in shares)

64,696

67,958

71,021

73,453

84,987

85,031

-

-

-

93,244

100,071

Diluted (in shares)

80,666

67,958

71,021

73,835

84,987

85,031

-

-

-

93,244

100,071

Allocated Share-based Compensation Expense

-

-

-

10,889

-

-

-

-

-

-

-

Income (loss) attributable to iStar Financial Inc. from continuing operations:
Income (loss) attributable to iStar Inc. from operationsBasic and diluted (in dollars per share)

-

-

-

-

-153.67

-103.54

-396.07

-638.27

-173.66

-

-

Net income (loss) attributable to iStar Inc.Basic and diluted (in shares)

-

-

-

-

-120.00

-75.27

-346.80

-616.87

-133.13

-

-

Basic and diluted (in dollars per share)

-

-

-

-

-120.00

-75.27

-

-

-

-

-

Weighted average number of HPU shareBasic and diluted (in shares)

-

-

-

-

9

15

15

15

15

15

15

Basic (in dollars per share)

-

-

-

-

-

-

-

-

-

-493.33

-1,543.67

Income (loss) attributable to iStar Inc. from continuing operationsDiluted (in dollars per share)

-

-

-

-

-

-

-

-

-

-493.33

-

Net income (loss) attributable to iStar Financial Inc.Basic (in dollars per share)

-

-

-

-

-

-

-

-

-

72.27

-1,501.73

Diluted (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-1,543.67

Basic (in dollars per share)

-

-

-

-

-

-

-

-

-

72.27

-1,501.73

Net income (loss) attributable to iStar Financial Inc.Diluted (in dollars per share)

-

-

-

-

-

-

-

-

-

72.27

-1,501.73

Operating lease income
Revenues

206,388

208,192

187,684

191,180

211,207

229,672

234,567

216,291

195,872

186,630

175,225

Interest income
Revenues

77,654

97,878

106,548

129,153

134,687

122,704

108,015

133,410

226,871

364,094

557,809

Interest income from sales-type leases
Total revenues

20,496

0

0

-

-

-

-

-

-

-

-

Other income
Revenues

55,363

82,342

188,091

46,514

49,924

77,583

48,208

47,838

39,722

50,733

25,953

Land development
Revenues

119,595

409,710

196,879

88,340

100,216

15,191

0

0

-

-

-

Cost of sales expense

109,663

350,181

180,916

62,007

67,382

12,840

0

0

-

-

-

Real estate
Cost of sales expense

92,426

139,289

147,617

137,522

146,509

162,829

157,441

151,458

138,714

121,399

40,866

iPIP Plans
Allocated Share-based Compensation Expense

-

-

-

5,800

-

-

-

-

-

-

-