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Exhibit 99.1

Item 6. Selected Financial Data

The following table sets forth selected financial data on a consolidated historical basis for the Company. This information should be read in conjunction with the discussions set forth in Item 7—"Management's Discussion and Analysis of Financial Condition and Results of Operations."



	For the Years Ended December 31,
	2016			2015			2014			2013			2012
	(In thousands, except per share data and ratios)
OPERATING DATA:
Operating lease income	$	191,180		$	211,207		$	229,672		$	221,434		$	204,137
Interest income	129,153			134,687			122,704			108,015			133,410
Other income	46,514			49,924			77,583			48,208			47,838
Land development revenue	88,340			100,216			15,191			—			—
Total revenue	455,187			496,034			445,150			377,657			385,385
Interest expense	221,398			224,639			224,483			266,225			355,097
Real estate expense	137,522			146,509			162,829			156,574			150,608
Land development cost of sales	62,007			67,382			12,840			—			—
Depreciation and amortization	51,660			62,045			70,375			68,070			65,480
General and administrative	84,027			81,277			88,287			92,114			80,856
Provision for (recovery of) loan losses	(12,514		)	36,567			(1,714		)	5,489			81,740
Impairment of assets	14,484			10,524			34,634			12,589			7,628
Other expense	5,883			6,374			6,340			8,050			17,266
Total costs and expenses	564,467			635,317			598,074			609,111			758,675
Income (loss) before earnings from equity method investments and other items	(109,280		)	(139,283		)	(152,924		)	(231,454		)	(373,290		)
Loss on early extinguishment of debt, net	(1,619		)	(281		)	(25,369		)	(33,190		)	(37,816		)
Earnings from equity method investments	77,349			32,153			94,905			41,520			103,009
Loss on transfer of interest to unconsolidated subsidiary	—			—			—			(7,373		)	—
Income (loss) from continuing operations before income taxes	(33,550		)	(107,411		)	(83,388		)	(230,497		)	(308,097		)
Income tax benefit (expense)	10,166			(7,639		)	(3,912		)	659			(8,445		)
Income (loss) from continuing operations	(23,384		)	(115,050		)	(87,300		)	(229,838		)	(316,542		)
Income (loss) from discontinued operations	18,270			15,077			13,122			9,714			(15,617		)
Gain from discontinued operations	—			—			—			22,233			27,257
Income from sales of real estate	105,296			93,816			89,943			86,658			63,472
Net income (loss)	100,182			(6,157		)	15,765			(111,233		)	(241,430		)
Net (income) loss attributable to noncontrolling interests	(4,876		)	3,722			704			(718		)	1,500
Net income (loss) attributable to iStar Inc.	95,306			(2,435		)	16,469			(111,951		)	(239,930		)
Preferred dividends	(51,320		)	(51,320		)	(51,320		)	(49,020		)	(42,320		)
Net (income) loss allocable to HPU holders and Participating Security holders⁽¹⁾	(14		)	1,080			1,129			5,202			9,253
Net income (loss) allocable to common shareholders	$	43,972		$	(52,675	)	$	(33,722	)	$	(155,769	)	$	(272,997	)
Per common share data⁽²⁾:
Income (loss) attributable to iStar Inc. from continuing operations:
Basic	$	0.35		$	(0.79	)	$	(0.55	)	$	(2.20	)	$	(3.39	)
Diluted	$	0.35		$	(0.79	)	$	(0.55	)	$	(2.20	)	$	(3.39	)
Net income (loss) attributable to iStar Inc.:
Basic	$	0.60		$	(0.62	)	$	(0.40	)	$	(1.83	)	$	(3.26	)
Diluted	$	0.60		$	(0.62	)	$	(0.40	)	$	(1.83	)	$	(3.26	)
Dividends declared per common share	$	—		$	—		$	—		$	—		$	—



	For the Years Ended December 31,
	2016			2015			2014			2013			2012
	(In thousands, except per share data and ratios)
SUPPLEMENTAL DATA:
Ratio of earnings to fixed charges⁽³⁾	—			—			—			—			—
Ratio of earnings to fixed charges and preferred dividends⁽³⁾	—			—			—			—			—
Weighted average common shares outstanding—basic	73,453			84,987			85,031			84,990			83,742
Weighted average common shares outstanding—diluted	73,835			84,987			85,031			84,990			83,742
Cash flows (used in) from:
Operating activities	$	20,004		$	(59,947	)	$	(10,342	)	$	(180,465	)	$	(191,932	)
Investing activities	466,543			184,028			159,793			893,447			1,267,047
Financing activities	(868,911		)	114,481			(190,958		)	(455,758		)	(1,175,597		)



	As of December 31,
	2016		2015		2014		2013		2012
	(In thousands)
BALANCE SHEET DATA:
Total real estate⁽⁴⁾	$	1,624,805	$	1,776,890	$	1,987,843	$	2,227,711	$	2,412,248
Land and development, net⁽⁴⁾	945,565		1,001,963		978,962		932,034		965,100
Loans receivable and other lending investments, net	1,450,439		1,601,985		1,377,843		1,370,109		1,829,985
Total assets	4,825,514		5,597,792		5,426,483		5,608,604		6,133,687
Debt obligations, net	3,389,908		4,118,823		3,986,034		4,124,718		4,665,182
Total equity	1,059,684		1,101,330		1,248,348		1,301,465		1,313,154

_______________________________________________________________________________

(1)

All of the Company's outstanding HPUs were repurchased and retired on August 13, 2015 (see Item 8—"Financial Statements and Supplemental Data—Note 13). Participating Security holders are non-employee directors who hold unvested common stock equivalents and restricted stock awards granted under the Company's Long Term Incentive Plans that are eligible to participate in dividends (see Item 8—"Financial Statements and Supplemental Data—Note 14 and 15).


(2)	See Item 8—"Financial Statements and Supplemental Data—Note 15."

(3)

This ratio of earnings to fixed charges is calculated in accordance with SEC Regulation S-K Item 503. For the years ended December 31, 2016, 2015, 2014, 2013 and 2012, earnings were not sufficient to cover fixed charges by $67,976, $114,902, $103,070, $249,982 and $307,314, respectively, and earnings were not sufficient to cover fixed charges and preferred dividends by $119,296, $166,222, $154,390, $299,002 and $349,634, respectively. The Company's unsecured debt securities have a fixed charge coverage covenant which is calculated differently in accordance with the terms of the agreements governing such securities.


(4)	Prior to December 31, 2015, land and development assets were recorded in total real estate. Prior year amounts have been reclassified to conform to the current period presentation.