Consolidated Balance Sheets - USD ($) $ in Thousands		Dec. 31, 2024	Dec. 31, 2023
Real estate
Real estate, at cost	[1]	$ 98,118	$ 97,481
Less: accumulated depreciation	[1]	(25,273)	(22,075)
Real estate, net	[1]	72,845	75,406
Land and development, net	[1]	176,444	181,394
Loans receivable and other lending investments, net ($555 and $497 of allowances as of December 31, 2024 and December 31, 2023, respectively)	[1]	50,324	20,898
Other investments	[1]	249,899	316,451
Cash and cash equivalents	[1]	34,957	50,663
Accrued interest and operating lease income receivable, net	[1]	1,115	929
Deferred operating lease income receivable, net	[1]	670	997
Deferred expenses and other assets, net	[1]	22,401	22,459
Total assets	[1]	608,655	669,197
Liabilities:
Accounts payable, accrued expenses and other liabilities	[1],[2]	46,310	42,462
Debt obligations, net	[1]	217,349	192,895
Total liabilities	[1]	263,659	235,357
Commitments and contingencies (refer to Note 10)	[1]
Star Holdings shareholders' equity:
Common Stock, $0.001 par value, 200,000 shares authorized, 13,320 and 13,320 shares issued and outstanding as of December 31, 2024 and December 31, 2023, respectively	[1]	13	13
Additional paid-in capital	[1]	607,623	607,623
Accumulated deficit	[1]	(283,196)	(196,441)
Accumulated other comprehensive income (loss)	[1]	(104)	359
Star Holdings shareholders' equity	[1]	324,336	411,554
Noncontrolling interests	[1]	20,660	22,286
Total equity	[1]	344,996	433,840
Total liabilities and equity	[1]	$ 608,655	$ 669,197

[1] Refer to Note 2 for details on the Company’s combined and consolidated variable interest entities (“VIEs”).

[2] As of December 31, 2024 and 2023, includes $4.8 million and $7.2 million, respectively, of management fees and other payables due to Safe (refer to Note 1).