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Other Investments (Details) (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2012
Mar. 31, 2012
Jun. 30, 2011
Mar. 31, 2011
Jun. 30, 2012
Mar. 31, 2012
Jun. 30, 2011
Mar. 31, 2011
Dec. 31, 2011
Sep. 30, 2011
Equity method investments                    
Carrying value $ 416,519,000       $ 416,519,000       $ 445,835,000  
Equity in earnings 18,420,000   19,131,000   53,206,000   44,064,000      
Other, carrying value 10,982,000       10,982,000       12,000,000  
Total other investments, carrying value 427,501,000       427,501,000       457,835,000  
LNR and certain commercial mortgage backed securities and collateralized debt obligation trusts that are considered VIEs
                   
Balance Sheet                    
Total VIE trust assets   85,190,000,000       85,190,000,000       126,660,000,000
Total VIE trust liabilities   84,920,000,000       84,920,000,000       126,640,000,000
Servicing fee revenue   16,300,000   30,800,000            
LNR Property LLC ("LNR")
                   
Equity method investments                    
Carrying value 176,600,000 176,600,000 [1],[2]     176,600,000 176,600,000 [1],[2]     159,764,000 159,764,000 [1],[2]
Equity in earnings 8,674,000 8,674,000 [1],[2] 10,079,000 10,079,000 [1],[2] 20,811,000 20,811,000 [1],[2] 24,064,000 24,064,000 [1],[2]    
Income Statement                    
Total revenue   71,337,000 [1],[2]   77,394,000 [1],[2]   148,696,000 [1],[2]   156,413,000 [1],[2]    
Income tax expense (benefit)   1,805,000 [1],[2],[3]   2,025,000 [1],[2],[3]   3,642,000 [1],[2],[3]   (32,333,000) [1],[2],[3]    
Net income attributable to LNR   36,178,000 [1],[2]   42,036,000 [1],[2]   86,799,000 [1],[2]   100,366,000 [1],[2]    
iStar's ownership percentage   24.00% [1],[2]   24.00% [1],[2]   24.00% [1],[2]   24.00% [1],[2]   24.00% [1],[2]
Balance Sheet                    
Total assets   1,329,460,000 [1],[2]       1,329,460,000 [1],[2]       1,288,923,000 [1],[2]
Total debt   477,055,000 [1],[2]       477,055,000 [1],[2]       469,631,000 [1],[2]
Total liabilities   564,352,000 [1],[2]       564,352,000 [1],[2]       576,835,000 [1],[2]
Noncontrolling interests   6,943,000 [1],[2]       6,943,000 [1],[2]       39,940,000 [1],[2]
LNR Property LLC equity   758,165,000 [1],[2]       758,165,000 [1],[2]       672,147,000 [1],[2]
Madison Funds
                   
Equity method investments                    
Carrying value 82,683,000       82,683,000       103,305,000  
Equity in earnings (767,000)   5,754,000   8,731,000   7,956,000      
Balance Sheet                    
Income from sales of investment         13,700,000          
Oak Hill Funds [Member]
                   
Equity method investments                    
Carrying value 48,368,000       48,368,000       56,817,000  
Equity in earnings 508,000   572,000   3,883,000   6,078,000      
Included within earnings from equity method investments     6,400,000       7,500,000      
OREO/REHI Investments
                   
Equity method investments                    
Carrying value 39,251,000       39,251,000       52,803,000  
Equity in earnings 8,070,000   (5,450,000)   14,195,000   (5,450,000)      
Balance Sheet                    
Income from sales of residential property 10,200,000       18,200,000          
Other Equity Method Investments
                   
Equity method investments                    
Carrying value 69,617,000 [4]       69,617,000 [4]       73,146,000 [4]  
Equity in earnings $ 1,935,000 [4]   $ 8,176,000 [4]   $ 5,586,000 [4]   $ 11,416,000 [4]      
[1] The Company records its investment in LNR on a one quarter lag, therefore, amounts in the Company's financial statements for the three and six months ended June 30, 2012 and 2011 are based on balances and results from LNR for the three and six months ended March 31, 2012 and 2011, respectively.
[2] LNR consolidates certain commercial mortgage-backed securities and collateralized debt obligation trusts that are considered VIEs (and for which it is the primary beneficiary), that have been excluded from the amounts presented above. As of March 31, 2012 and September 30, 2011, the assets of these trusts, which aggregate approximately $85.19 billion and $126.66 billion, respectively, are the sole source of repayment of the related liabilities, which aggregate approximately $84.92 billion and $126.64 billion, respectively, and are non-recourse to LNR and its equity holders, including the Company. In addition, total revenue presented above includes $16.3 million and $30.8 million for the three months ended March 31, 2012 and 2011, respectively, of servicing fee revenue that is eliminated upon consolidation of the VIE's at the LNR level. This income is then added back through consolidation at the LNR level as an adjustment to income allocable to noncontrolling entities and has no net impact on net income attributable to LNR.
[3] During the six months ended March 31, 2011, LNR recorded an income tax benefit from the settlement of certain tax liabilities.
[4] For the three and six months ended June 30, 2011, amounts include $6.4 million and $7.5 million, respectively, of earnings related to Oak Hill Advisors, L.P. and related entities which were sold during in October 2011.