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Segment Reporting (Details 2) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Reconciliation of segment profit (loss) to income (loss) from continuing operations        
Segment profit (loss) $ (13,708) [1] $ 4,574 [1] $ (9,433) [1] $ 22,929 [1]
Less: Provision for loan losses (26,531) (10,350) (44,031) (21,230)
Less: Impairment of assets (7,496) (2,764) (23,000) (4,254)
Less: Stock-based compensation expense (3,447) (4,314) (8,113) (8,469)
Less: Depreciation and amortization (16,960) (15,011) (33,475) (29,824)
Income tax (expense) benefit (3,477) 2,675 (4,748) (8,377)
Less: Income from sales of residential property (13,266) 0 (19,999) 0
Add: Gain (loss) on early extinguishment of debt, net (4,868) (1,047) (3,164) 105,556
Income (loss) from continuing operations $ (89,753) [2] $ (26,237) [2] $ (145,963) [2] $ 56,331 [2]
[1] The following is a reconciliation of segment profit (loss) to income (loss) from continuing operations ($ in thousands): For the Three MonthsEnded June 30, For the Six Months Ended June 30, 2012 2011 2012 2011Segment profit (loss)$(13,708) $4,574 $(9,433) $22,929Less: Provision for loan losses(26,531) (10,350) (44,031) (21,230)Less: Impairment of assets(7,496) (2,764) (23,000) (4,254)Less: Stock-based compensation expense(3,447) (4,314) (8,113) (8,469)Less: Depreciation and amortization(16,960) (15,011) (33,475) (29,824)Less: Income tax (expense) benefit(3,477) 2,675 (4,748) (8,377)Less: Income from sales of residential property(13,266) — (19,999) —Add: Gain (loss) on early extinguishment of debt, net(4,868) (1,047) (3,164) 105,556Income (loss) from continuing operations$(89,753) $(26,237) $(145,963) $56,331
[2] Income (loss) from continuing operations attributable to iStar Financial Inc. for the three months ended June 30, 2012 and 2011 was $(89.0) million and $(26.3) million, respectively, and for the six months ended June 30, 2012 and 2011 was $(145.3) million and $55.9 million, respectively. See Note 14 for details on the calculation of earnings per share.