2012 Q2 Form 10-Q Financial Statement

#000144530512002521 Filed on August 07, 2012

View on sec.gov

Income Statement

Concept 2012 Q2 2011 Q2
Revenue $106.9M $136.6M
YoY Change -21.76% 2.48%
Cost Of Revenue $38.20M $22.40M
YoY Change 70.54% 43.59%
Gross Profit $68.40M $103.0M
YoY Change -33.59% -12.41%
Gross Profit Margin 63.99% 75.4%
Selling, General & Admin $19.80M $25.70M
YoY Change -22.96% 2.39%
% of Gross Profit 28.95% 24.95%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $17.20M $16.20M
YoY Change 6.17% -5.26%
% of Gross Profit 25.15% 15.73%
Operating Expenses $66.90M $51.50M
YoY Change 29.9% -66.88%
Operating Profit $1.500M $51.50M
YoY Change -97.09% -235.88%
Interest Expense $94.47M $95.75M
YoY Change -1.34% -239.79%
% of Operating Profit 6298.27% 185.93%
Other Income/Expense, Net $3.907M $459.0K
YoY Change 751.2%
Pretax Income -$85.00M -$28.91M
YoY Change 193.98% -40.39%
Income Tax $3.477M -$2.675M
% Of Pretax Income
Net Earnings -$50.41M -$26.03M
YoY Change 93.62% -111.35%
Net Earnings / Revenue -47.16% -19.06%
Basic Earnings Per Share -$0.70 -$0.38
Diluted Earnings Per Share -$0.70 -$0.38
COMMON SHARES
Basic Shares Outstanding 84.11M shares 92.62M shares
Diluted Shares Outstanding 84.11M shares 92.62M shares

Balance Sheet

Concept 2012 Q2 2011 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $244.0M $389.0M
YoY Change -37.28% -26.88%
Cash & Equivalents $243.8M $388.9M
Short-Term Investments
Other Short-Term Assets $5.000M $5.000M
YoY Change 0.0%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $347.0M $492.0M
YoY Change -29.47% -19.48%
LONG-TERM ASSETS
Property, Plant & Equipment $1.558B $1.776B
YoY Change -12.27% -3.64%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $416.5M $5.131B
YoY Change -91.88% -28.67%
Other Assets $1.233B $819.0M
YoY Change 50.55% -11.94%
Total Long-Term Assets $6.839B $7.799B
YoY Change -12.31% -22.34%
TOTAL ASSETS
Total Short-Term Assets $347.0M $492.0M
Total Long-Term Assets $6.839B $7.799B
Total Assets $7.186B $8.291B
YoY Change -13.33% -22.18%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $75.00M $78.00M
YoY Change -3.85% 8.33%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $75.00M $78.00M
YoY Change -3.85% -28.44%
LONG-TERM LIABILITIES
Long-Term Debt $5.604B $6.393B
YoY Change -12.34% -25.84%
Other Long-Term Liabilities $36.00M $63.00M
YoY Change -42.86% -22.22%
Total Long-Term Liabilities $5.640B $6.456B
YoY Change -12.64% -25.8%
TOTAL LIABILITIES
Total Short-Term Liabilities $75.00M $78.00M
Total Long-Term Liabilities $5.640B $6.456B
Total Liabilities $5.715B $6.597B
YoY Change -13.36% -25.52%
SHAREHOLDERS EQUITY
Retained Earnings -$2.196B
YoY Change
Common Stock $142.0K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $242.0M
YoY Change
Treasury Stock Shares 58.92M shares
Shareholders Equity $1.399B $1.694B
YoY Change
Total Liabilities & Shareholders Equity $7.186B $8.291B
YoY Change -13.33% -22.18%

Cashflow Statement

Concept 2012 Q2 2011 Q2
OPERATING ACTIVITIES
Net Income -$50.41M -$26.03M
YoY Change 93.62% -111.35%
Depreciation, Depletion And Amortization $17.20M $16.20M
YoY Change 6.17% -5.26%
Cash From Operating Activities -$5.300M -$34.10M
YoY Change -84.46% -8.82%
INVESTING ACTIVITIES
Capital Expenditures -$21.60M -$11.70M
YoY Change 84.62% 82.81%
Acquisitions
YoY Change
Other Investing Activities $525.9M $693.1M
YoY Change -24.12% -58.67%
Cash From Investing Activities $504.2M $681.3M
YoY Change -25.99% -59.22%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -381.9M -576.8M
YoY Change -33.79% -66.9%
NET CHANGE
Cash From Operating Activities -5.300M -34.10M
Cash From Investing Activities 504.2M 681.3M
Cash From Financing Activities -381.9M -576.8M
Net Change In Cash 117.0M 70.40M
YoY Change 66.19% -164.35%
FREE CASH FLOW
Cash From Operating Activities -$5.300M -$34.10M
Capital Expenditures -$21.60M -$11.70M
Free Cash Flow $16.30M -$22.40M
YoY Change -172.77% -27.74%

Facts In Submission

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us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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us-gaap Income Loss From Continuing Operations Per Basic Share
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us-gaap Income Tax Expense Benefit
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us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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3723000 USD
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4853000 USD
us-gaap Increase Decrease In Deferred Rent Receivables
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5466000 USD
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22262000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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us-gaap Increase Decrease In Restricted Cash
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606000 USD
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us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
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us-gaap Net Income Loss Available To Common Stockholders Basic
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33640000 USD
CY2011Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
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us-gaap Operating Costs And Expenses
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us-gaap Operating Leases Income Statement Lease Revenue
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1728000 USD
CY2012Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
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108000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
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1367000 USD
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1032000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Period Increase Decrease
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1411000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Period Increase Decrease
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us-gaap Payments For Repurchase Of Equity
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4965000 USD
us-gaap Owned Property Management Costs
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us-gaap Owned Property Management Costs
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8128000 USD
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432000 USD
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68000 USD
us-gaap Other Comprehensive Income Reclassification Adjustment On Derivatives Included In Net Income Net Of Tax
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us-gaap Other Comprehensive Income Reclassification Adjustment On Derivatives Included In Net Income Net Of Tax
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CY2011Q2 us-gaap Other Comprehensive Income Reclassification Adjustment On Derivatives Included In Net Income Net Of Tax
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176000 USD
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us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
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us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
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628000 USD
CY2012Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
477000 USD
CY2011Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
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372000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
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us-gaap Other Income
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OtherIncome
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us-gaap Other Operating Activities Cash Flow Statement
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3738000 USD
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us-gaap Payments Of Dividends Preferred Stock And Preference Stock
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us-gaap Payments Of Dividends Preferred Stock And Preference Stock
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us-gaap Payments Of Financing Costs
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CY2011 us-gaap Preferred Stock Amount Of Preferred Dividends In Arrears
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CY2012Q2 us-gaap Preferred Stock Dividends Income Statement Impact
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us-gaap Preferred Stock Dividends Income Statement Impact
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21160000 USD
CY2011Q2 us-gaap Preferred Stock Dividends Income Statement Impact
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CY2011Q4 us-gaap Prepaid Expense Current And Noncurrent
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us-gaap Proceeds From Issuance Of Secured Debt
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us-gaap Proceeds From Payments For Other Financing Activities
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us-gaap Proceeds From Sale Of Foreclosed Assets
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us-gaap Proceeds From Sale Of Loans Held For Investment
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us-gaap Proceeds From Sale Of Loans Held For Investment
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us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
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us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
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us-gaap Profit Loss
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CY2012Q2 us-gaap Profit Loss
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us-gaap Profit Loss
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CY2011Q2 us-gaap Profit Loss
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CY2011Q4 us-gaap Property Subject To Or Available For Operating Lease Accumulated Depreciation
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CY2011Q4 us-gaap Property Subject To Or Available For Operating Lease Net
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us-gaap Provision For Loan Losses Expensed
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CY2012Q2 us-gaap Restricted Cash And Cash Equivalents
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us-gaap Revenues
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CY2011Q2 us-gaap Revenues
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us-gaap Revenues
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CY2012Q2 us-gaap Revenues
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us-gaap Share Based Compensation
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us-gaap Share Based Compensation
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CY2012Q2 us-gaap Stock Repurchase Program Authorized Amount
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CY2011Q4 us-gaap Stockholders Equity
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CY2012Q2 us-gaap Stockholders Equity
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CY2012Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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us-gaap Tenant Reimbursements
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CY2012Q2 us-gaap Tenant Reimbursements
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us-gaap Tenant Reimbursements
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CY2011Q2 us-gaap Tenant Reimbursements
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CY2011Q4 us-gaap Treasury Stock Shares
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CY2012Q2 us-gaap Treasury Stock Shares
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sfi Borrowings Under Credit Facilities
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sfi Borrowings Under Credit Facilities
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850465000 USD
sfi Borrowings Under Unsecured Debt Instruments
BorrowingsUnderUnsecuredDebtInstruments
264029000 USD
sfi Borrowings Under Unsecured Debt Instruments
BorrowingsUnderUnsecuredDebtInstruments
0 USD
CY2012Q2 sfi Business Acquisition Cost Of Acquired Entity Noncontrolling Partner Contribution
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27300000 USD
sfi Asset Impairment Charges Cash Flow Impact
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25303000 USD
CY2011Q4 us-gaap Treasury Stock Value
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CY2012Q2 us-gaap Treasury Stock Value
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us-gaap Treasury Stock Value Acquired Cost Method
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4628000 USD
us-gaap Weighted Average Number Of Diluted Shares Outstanding
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
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94758000 shares
CY2011Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2012Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2011Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2012Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
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92580000 shares
CY2012Q2 sfi Accrued Interest And Operating Lease Income Receivable Net
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CY2011Q4 sfi Accrued Interest And Operating Lease Income Receivable Net
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20208000 USD
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CY2012Q2 sfi Accrued Liabilities Other Than Interest
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29104000 USD
CY2011Q4 sfi Accumulated Depreciation Furniture Fixtures And Leasehold Improvements
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8100000 USD
CY2012Q2 sfi Accumulated Depreciation Furniture Fixtures And Leasehold Improvements
AccumulatedDepreciationFurnitureFixturesAndLeaseholdImprovements
7700000 USD
CY2011Q4 sfi Allowance For Doubtful Accounts Related To Tenant Receivables
AllowanceForDoubtfulAccountsRelatedToTenantReceivables
3700000 USD
CY2012Q2 sfi Allowance For Doubtful Accounts Related To Tenant Receivables
AllowanceForDoubtfulAccountsRelatedToTenantReceivables
4400000 USD
CY2011Q2 sfi Allowance For Loan Losses Write Offs
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113192000 USD
CY2012Q2 sfi Allowance For Loan Losses Write Offs
AllowanceForLoanLossesWriteOffs
29924000 USD
sfi Allowance For Loan Losses Write Offs
AllowanceForLoanLossesWriteOffs
126869000 USD
sfi Allowance For Loan Losses Write Offs
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134627000 USD
sfi Amortization Of Discounts Or Premiums Deferred Interest And Costs On Lending Investments
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29442000 USD
sfi Amortization Of Discounts Or Premiums Deferred Interest And Costs On Lending Investments
AmortizationOfDiscountsOrPremiumsDeferredInterestAndCostsOnLendingInvestments
41703000 USD
sfi Asset Impairment Charges Cash Flow Impact
AssetImpairmentChargesCashFlowImpact
4228000 USD
CY2012Q2 sfi Cash And Cash Equivalents And Restricted Cash Available For Repayment Of Indebtedness
CashAndCashEquivalentsAndRestrictedCashAvailableForRepaymentOfIndebtedness
706900000 USD
CY2012Q2 sfi Cash And Other Assets Not Pledged As Collateral
CashAndOtherAssetsNotPledgedAsCollateral
935940000 USD
CY2011Q4 sfi Cash And Other Assets Not Pledged As Collateral
CashAndOtherAssetsNotPledgedAsCollateral
590884000 USD
CY2011Q4 sfi Cash And Other Assets Pledged As Collateral
CashAndOtherAssetsPledgedAsCollateral
0 USD
CY2012Q2 sfi Cash And Other Assets Pledged As Collateral
CashAndOtherAssetsPledgedAsCollateral
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sfi Cost Of Real Estate Held For Sale And Other Real Estate Owned
CostOfRealEstateHeldForSaleAndOtherRealEstateOwned
35789000 USD
CY2012Q2 sfi Cost Of Real Estate Held For Sale And Other Real Estate Owned
CostOfRealEstateHeldForSaleAndOtherRealEstateOwned
22424000 USD
CY2011Q2 sfi Cost Of Real Estate Held For Sale And Other Real Estate Owned
CostOfRealEstateHeldForSaleAndOtherRealEstateOwned
18002000 USD
sfi Cost Of Real Estate Held For Sale And Other Real Estate Owned
CostOfRealEstateHeldForSaleAndOtherRealEstateOwned
44498000 USD
sfi Debt Instrument Amortization Payment After Initial Payment
DebtInstrumentAmortizationPaymentAfterInitialPayment
150000000 USD
sfi Debt Instrument Commencement Period Of Amortization Maximum After Repayment Of First Term Loan Facility
DebtInstrumentCommencementPeriodOfAmortizationMaximumAfterRepaymentOfFirstTermLoanFacility
P6M
CY2011Q4 sfi Deferred Expenses And Other Assets Net
DeferredExpensesAndOtherAssetsNet
107852000 USD
CY2012Q2 sfi Deferred Expenses And Other Assets Net
DeferredExpensesAndOtherAssetsNet
105300000 USD
sfi Direct Segment Profit Loss
DirectSegmentProfitLoss
204909000 USD
CY2011Q2 sfi Direct Segment Profit Loss
DirectSegmentProfitLoss
121712000 USD
sfi Direct Segment Profit Loss
DirectSegmentProfitLoss
229405000 USD
CY2012Q2 sfi Direct Segment Profit Loss
DirectSegmentProfitLoss
97111000 USD
sfi Discretionary Fundings
DiscretionaryFundings
127948000 USD
sfi Earnings Per Hpu Share Basic
EarningsPerHpuShareBasic
-256.80
sfi Earnings Per Hpu Share Basic
EarningsPerHpuShareBasic
68.73
CY2012Q2 sfi Earnings Per Hpu Share Basic
EarningsPerHpuShareBasic
-132.73
CY2011Q2 sfi Earnings Per Hpu Share Basic
EarningsPerHpuShareBasic
-72.60
CY2012Q2 sfi Earnings Per Hpu Share Diluted
EarningsPerHpuShareDiluted
-132.73
sfi Earnings Per Hpu Share Diluted
EarningsPerHpuShareDiluted
-256.80
CY2011Q2 sfi Earnings Per Hpu Share Diluted
EarningsPerHpuShareDiluted
-72.60
sfi Earnings Per Hpu Share Diluted
EarningsPerHpuShareDiluted
67.27
CY2011Q4 sfi Encumbered Assets Carrying Value
EncumberedAssetsCarryingValue
3529219000 USD
CY2012Q2 sfi Encumbered Assets Carrying Value
EncumberedAssetsCarryingValue
3908252000 USD
CY2011Q4 sfi Encumbered Other Investments
EncumberedOtherInvestments
37957000 USD
CY2012Q2 sfi Encumbered Other Investments
EncumberedOtherInvestments
69740000 USD
CY2012Q2 sfi Encumbered Property Subject To Or Available For Operating Lease Net
EncumberedPropertySubjectToOrAvailableForOperatingLeaseNet
1272528000 USD
CY2011Q4 sfi Encumbered Property Subject To Or Available For Operating Lease Net
EncumberedPropertySubjectToOrAvailableForOperatingLeaseNet
1173982000 USD
CY2012Q2 sfi Finance Receivable Trouble Debt Restructuring Time Period
FinanceReceivableTroubleDebtRestructuringTimePeriod
P1Y
CY2012Q2 sfi Financing Receivable Acquired With Deteriorated Credit Quality Cumulative Principal Balance
FinancingReceivableAcquiredWithDeterioratedCreditQualityCumulativePrincipalBalance
57700000 USD
CY2011Q4 sfi Financing Receivable Acquired With Deteriorated Credit Quality Cumulative Principal Balance
FinancingReceivableAcquiredWithDeterioratedCreditQualityCumulativePrincipalBalance
74500000 USD
CY2011Q4 sfi Financing Receivable Acquired With Deteriorated Credit Quality Net Of Reserve For Loan Losses
FinancingReceivableAcquiredWithDeterioratedCreditQualityNetOfReserveForLoanLosses
40655000 USD
CY2012Q2 sfi Financing Receivable Acquired With Deteriorated Credit Quality Net Of Reserve For Loan Losses
FinancingReceivableAcquiredWithDeterioratedCreditQualityNetOfReserveForLoanLosses
38120000 USD
CY2012Q2 sfi Financing Receivable Collectively Evaluated For Impairment Net Of Reserve For Loan Losses
FinancingReceivableCollectivelyEvaluatedForImpairmentNetOfReserveForLoanLosses
1466778000 USD
CY2011Q4 sfi Financing Receivable Collectively Evaluated For Impairment Net Of Reserve For Loan Losses
FinancingReceivableCollectivelyEvaluatedForImpairmentNetOfReserveForLoanLosses
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CY2012Q2 sfi Financing Receivable Individually Evaluated For Impairment Net Of Reserve For Loan Losses
FinancingReceivableIndividuallyEvaluatedForImpairmentNetOfReserveForLoanLosses
790660000 USD
CY2011Q4 sfi Financing Receivable Individually Evaluated For Impairment Net Of Reserve For Loan Losses
FinancingReceivableIndividuallyEvaluatedForImpairmentNetOfReserveForLoanLosses
971206000 USD
CY2012Q2 sfi Financing Receivable Modifications Number Of Contracts Restructured
FinancingReceivableModificationsNumberOfContractsRestructured
1 loans
sfi Financing Receivable Modifications Number Of Contracts Restructured
FinancingReceivableModificationsNumberOfContractsRestructured
6 loans
CY2012Q2 sfi Financing Receivable Net Of Reserve For Loan Losses
FinancingReceivableNetOfReserveForLoanLosses
2295558000 USD
CY2011Q4 sfi Financing Receivable Net Of Reserve For Loan Losses
FinancingReceivableNetOfReserveForLoanLosses
2858237000 USD
CY2012Q2 sfi Financing Receivable Recorded Investment Equal To Less Than90 Days Past Due
FinancingReceivableRecordedInvestmentEqualToLessThan90DaysPastDue
124371000 USD
CY2012Q2 sfi Financing Receivable Recorded Investment Greater Than90 Days Past Due
FinancingReceivableRecordedInvestmentGreaterThan90DaysPastDue
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CY2011Q4 sfi Furniture Fixtures And Leasehold Improvements Net
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CY2012Q2 sfi Furniture Fixtures And Leasehold Improvements Net
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8086000 USD
sfi Gains Losses On Extinguishment Of Debt Cash Flow Impact
GainsLossesOnExtinguishmentOfDebtCashFlowImpact
101832000 USD
sfi General And Administrative Expense Excluding Stock Based Compensation Expense
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sfi Gains Losses On Extinguishment Of Debt Cash Flow Impact
GainsLossesOnExtinguishmentOfDebtCashFlowImpact
-3164000 USD
sfi Income Loss From Continuing Operations Per Diluted Hpu Share
IncomeLossFromContinuingOperationsPerDilutedHpuShare
-319.66
sfi Income Loss From Continuing Operations Per Diluted Hpu Share
IncomeLossFromContinuingOperationsPerDilutedHpuShare
64.40
CY2012Q2 sfi Income Loss From Continuing Operations Per Diluted Hpu Share
IncomeLossFromContinuingOperationsPerDilutedHpuShare
-187.93
sfi Income Loss From Discontinued Operations
IncomeLossFromDiscontinuedOperations
1553000 USD
CY2012Q2 sfi General And Administrative Expense Excluding Stock Based Compensation Expense
GeneralAndAdministrativeExpenseExcludingStockBasedCompensationExpense
16345000 USD
sfi General And Administrative Expense Excluding Stock Based Compensation Expense
GeneralAndAdministrativeExpenseExcludingStockBasedCompensationExpense
41630000 USD
CY2011Q2 sfi General And Administrative Expense Excluding Stock Based Compensation Expense
GeneralAndAdministrativeExpenseExcludingStockBasedCompensationExpense
21385000 USD
CY2012Q2 sfi Held To Maturity And Available For Sale Securities
HeldToMaturityAndAvailableForSaleSecurities
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CY2011Q4 sfi Held To Maturity And Available For Sale Securities
HeldToMaturityAndAvailableForSaleSecurities
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CY2012Q2 sfi High Performance Units
HighPerformanceUnits
9800000 USD
CY2011Q4 sfi High Performance Units
HighPerformanceUnits
9800000 USD
sfi Impaired Financing Receivables Interest Income Cash Or Accrual Method
ImpairedFinancingReceivablesInterestIncomeCashOrAccrualMethod
4796000 USD
CY2011Q2 sfi Impaired Financing Receivables Interest Income Cash Or Accrual Method
ImpairedFinancingReceivablesInterestIncomeCashOrAccrualMethod
31023000 USD
sfi Impaired Financing Receivables Interest Income Cash Or Accrual Method
ImpairedFinancingReceivablesInterestIncomeCashOrAccrualMethod
34196000 USD
CY2012Q2 sfi Impaired Financing Receivables Interest Income Cash Or Accrual Method
ImpairedFinancingReceivablesInterestIncomeCashOrAccrualMethod
3069000 USD
CY2011Q2 sfi Income Loss From Continuing Operations Attributable To Parent And Available To Common Shareholders Hpu Holders And Participating Security Holders
IncomeLossFromContinuingOperationsAttributableToParentAndAvailableToCommonShareholdersHpuHoldersAndParticipatingSecurityHolders
-36831000 USD
sfi Income Loss From Continuing Operations Attributable To Parent And Available To Common Shareholders Hpu Holders And Participating Security Holders
IncomeLossFromContinuingOperationsAttributableToParentAndAvailableToCommonShareholdersHpuHoldersAndParticipatingSecurityHolders
-146428000 USD
CY2012Q2 sfi Income Loss From Continuing Operations Attributable To Parent And Available To Common Shareholders Hpu Holders And Participating Security Holders
IncomeLossFromContinuingOperationsAttributableToParentAndAvailableToCommonShareholdersHpuHoldersAndParticipatingSecurityHolders
-86345000 USD
sfi Income Loss From Continuing Operations Attributable To Parent And Available To Common Shareholders Hpu Holders And Participating Security Holders
IncomeLossFromContinuingOperationsAttributableToParentAndAvailableToCommonShareholdersHpuHoldersAndParticipatingSecurityHolders
34727000 USD
CY2012Q2 sfi Income Loss From Continuing Operations Before Income Loss From Equity Method Investments And Other Items
IncomeLossFromContinuingOperationsBeforeIncomeLossFromEquityMethodInvestmentsAndOtherItems
-99828000 USD
sfi Income Loss From Continuing Operations Before Income Loss From Equity Method Investments And Other Items
IncomeLossFromContinuingOperationsBeforeIncomeLossFromEquityMethodInvestmentsAndOtherItems
-191257000 USD
CY2011Q2 sfi Income Loss From Continuing Operations Before Income Loss From Equity Method Investments And Other Items
IncomeLossFromContinuingOperationsBeforeIncomeLossFromEquityMethodInvestmentsAndOtherItems
-46996000 USD
sfi Income Loss From Continuing Operations Before Income Loss From Equity Method Investments And Other Items
IncomeLossFromContinuingOperationsBeforeIncomeLossFromEquityMethodInvestmentsAndOtherItems
-84912000 USD
sfi Income Loss From Continuing Operations Per Basic Hpu Share
IncomeLossFromContinuingOperationsPerBasicHpuShare
-319.66
CY2011Q2 sfi Income Loss From Continuing Operations Per Basic Hpu Share
IncomeLossFromContinuingOperationsPerBasicHpuShare
-73.00
sfi Income Loss From Continuing Operations Per Basic Hpu Share
IncomeLossFromContinuingOperationsPerBasicHpuShare
65.80
CY2012Q2 sfi Income Loss From Continuing Operations Per Basic Hpu Share
IncomeLossFromContinuingOperationsPerBasicHpuShare
-187.93
CY2011Q2 sfi Income Loss From Continuing Operations Per Diluted Hpu Share
IncomeLossFromContinuingOperationsPerDilutedHpuShare
-73.00
CY2012Q2 sfi Income Loss From Discontinued Operations
IncomeLossFromDiscontinuedOperations
507000 USD
CY2011Q2 sfi Income Loss From Discontinued Operations
IncomeLossFromDiscontinuedOperations
217000 USD
sfi Income Loss From Discontinued Operations
IncomeLossFromDiscontinuedOperations
1530000 USD
sfi Increase Decrease In Accrued Interest And Operating Lease And Income Receivable
IncreaseDecreaseInAccruedInterestAndOperatingLeaseAndIncomeReceivable
898000 USD
sfi Increase Decrease In Accrued Interest And Operating Lease And Income Receivable
IncreaseDecreaseInAccruedInterestAndOperatingLeaseAndIncomeReceivable
-3278000 USD
CY2012Q2 sfi Investments Other
InvestmentsOther
10982000 USD
CY2011Q4 sfi Investments Other
InvestmentsOther
12000000 USD
sfi Issuance Of Stock And Restricted Stock Unit Amortization Net
IssuanceOfStockAndRestrictedStockUnitAmortizationNet
3543000 USD
CY2011Q4 sfi Loans And Other Lending Encumbered Investments
LoansAndOtherLendingEncumberedInvestments
1780591000 USD
CY2012Q2 sfi Loans And Other Lending Encumbered Investments
LoansAndOtherLendingEncumberedInvestments
1723459000 USD
CY2012Q2 sfi Loans And Other Lending Investments
LoansAndOtherLendingInvestments
2300810000 USD
CY2011Q4 sfi Loans And Other Lending Investments
LoansAndOtherLendingInvestments
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CY2011Q4 sfi Loans And Other Lending Investments Unencumbered Assets
LoansAndOtherLendingInvestmentsUnencumberedAssets
1153671000 USD
CY2012Q2 sfi Loans And Other Lending Investments Unencumbered Assets
LoansAndOtherLendingInvestmentsUnencumberedAssets
634151000 USD
CY2011Q4 sfi Loans Receivable Allowance
LoansReceivableAllowance
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CY2012Q2 sfi Longterm Debt Maturities Repayments Of Principal In Third Full Fiscal Year
LongtermDebtMaturitiesRepaymentsOfPrincipalInThirdFullFiscalYear
187765000 USD
sfi Minimum Percentage Of Taxable Income Excluding Capital Gains To Be Distributed To Qualify As Reit
MinimumPercentageOfTaxableIncomeExcludingCapitalGainsToBeDistributedToQualifyAsReit
0.90
CY2012Q2 sfi Net Income Loss Available To Hpu Holders And Participating Security Holders Basic
NetIncomeLossAvailableToHpuHoldersAndParticipatingSecurityHoldersBasic
1991000 USD
sfi Net Income Loss Available To Hpu Holders And Participating Security Holders Basic
NetIncomeLossAvailableToHpuHoldersAndParticipatingSecurityHoldersBasic
3852000 USD
sfi Net Income Loss Available To Hpu Holders And Participating Security Holders Basic
NetIncomeLossAvailableToHpuHoldersAndParticipatingSecurityHoldersBasic
-2640000 USD
CY2011Q2 sfi Net Income Loss Available To Hpu Holders And Participating Security Holders Basic
NetIncomeLossAvailableToHpuHoldersAndParticipatingSecurityHoldersBasic
1089000 USD
sfi Other Commitments
OtherCommitments
25090000 USD
CY2011Q4 sfi Other Real Estate Owned
OtherRealEstateOwned
677458000 USD
CY2012Q2 sfi Loans Receivable Allowance
LoansReceivableAllowance
563786000 USD
CY2011Q1 sfi Loans Receivable Allowance
LoansReceivableAllowance
804070000 USD
CY2011Q2 sfi Loans Receivable Allowance
LoansReceivableAllowance
701228000 USD
CY2012Q1 sfi Loans Receivable Allowance
LoansReceivableAllowance
567179000 USD
CY2010Q4 sfi Loans Receivable Allowance
LoansReceivableAllowance
814625000 USD
CY2012Q2 sfi Loans Receivable Net Of Deferred Income
LoansReceivableNetOfDeferredIncome
2848924000 USD
CY2011Q4 sfi Loans Receivable Net Of Deferred Income
LoansReceivableNetOfDeferredIncome
3491596000 USD
sfi Loans Sold Income
LoansSoldIncome
6400000 USD
sfi Loans Sold Loans Carrying Value
LoansSoldLoansCarryingValue
53900000 USD
sfi Loans Sold Loans Charge Off Amount
LoansSoldLoansChargeOffAmount
3300000 USD
CY2012Q2 sfi Long Term Debt Maturities Repayments Of Principal After Fourth Full Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterFourthFullFiscalYear
1129879000 USD
CY2012Q2 sfi Long Term Debt Maturities Repayments Of Principal In First Full Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalInFirstFullFiscalYear
1908150000 USD
CY2012Q2 sfi Long Term Debt Maturities Repayments Of Principal In Fourth Full Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalInFourthFullFiscalYear
384403000 USD
CY2012Q2 sfi Long Term Debt Maturities Repayments Of Principal In Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalInRemainderOfFiscalYear
469166000 USD
CY2012Q2 sfi Long Term Debt Maturities Repayments Of Principal In Second Full Fiscal Year1
LongTermDebtMaturitiesRepaymentsOfPrincipalInSecondFullFiscalYear1
1582601000 USD
CY2012Q2 sfi Other Real Estate Owned
OtherRealEstateOwned
722167000 USD
sfi Payments For Capital Expenditures On Net Lease Assets
PaymentsForCapitalExpendituresOnNetLeaseAssets
2988000 USD
sfi Payments For Capital Expenditures On Net Lease Assets
PaymentsForCapitalExpendituresOnNetLeaseAssets
4902000 USD
sfi Payments For Capital Expenditures On Real Estate Held For Investment And Other Real Estate Owned
PaymentsForCapitalExpendituresOnRealEstateHeldForInvestmentAndOtherRealEstateOwned
15966000 USD
sfi Payments For Capital Expenditures On Real Estate Held For Investment And Other Real Estate Owned
PaymentsForCapitalExpendituresOnRealEstateHeldForInvestmentAndOtherRealEstateOwned
29726000 USD
sfi Payments For Contributions To Unconsolidated Entities
PaymentsForContributionsToUnconsolidatedEntities
20219000 USD
sfi Payments For Contributions To Unconsolidated Entities
PaymentsForContributionsToUnconsolidatedEntities
6145000 USD
sfi Payments For Funding Under Existing Loan Commitments
PaymentsForFundingUnderExistingLoanCommitments
39772000 USD
sfi Payments For Funding Under Existing Loan Commitments
PaymentsForFundingUnderExistingLoanCommitments
23877000 USD
sfi Percentage Of Capital Committed That May Be Drawn Down
PercentageOfCapitalCommittedThatMayBeDrawnDown
1.00
sfi Percentage Of Taxable Income Including Capital Gains To Be Distributed To Qualify As Reit
PercentageOfTaxableIncomeIncludingCapitalGainsToBeDistributedToQualifyAsReit
1.00
sfi Performance Based Commitments
PerformanceBasedCommitments
61297000 USD
sfi Preferred Stock Dividends Computation Of Dividends Payable For Any Partial Dividend Period Number Of Days In Month
PreferredStockDividendsComputationOfDividendsPayableForAnyPartialDividendPeriodNumberOfDaysInMonth
P30D
CY2011 sfi Preferred Stock Dividends Computation Of Dividends Payable For Any Partial Dividend Period Number Of Days In Month
PreferredStockDividendsComputationOfDividendsPayableForAnyPartialDividendPeriodNumberOfDaysInMonth
P30D
sfi Preferred Stock Dividends Computation Of Dividends Payable For Any Partial Dividend Period Number Of Days In Year
PreferredStockDividendsComputationOfDividendsPayableForAnyPartialDividendPeriodNumberOfDaysInYear
P360D
CY2011 sfi Preferred Stock Dividends Computation Of Dividends Payable For Any Partial Dividend Period Number Of Days In Year
PreferredStockDividendsComputationOfDividendsPayableForAnyPartialDividendPeriodNumberOfDaysInYear
P360D
sfi Preferred Stock Dividends Computation Of Dividends Payable For Any Partial Dividend Period Number Of Months
PreferredStockDividendsComputationOfDividendsPayableForAnyPartialDividendPeriodNumberOfMonths
P12M
CY2011 sfi Preferred Stock Dividends Computation Of Dividends Payable For Any Partial Dividend Period Number Of Months
PreferredStockDividendsComputationOfDividendsPayableForAnyPartialDividendPeriodNumberOfMonths
P12M
CY2012Q2 sfi Preferred Stock Shares Issued And Outstanding
PreferredStockSharesIssuedAndOutstanding
21800000 shares
CY2011Q4 sfi Preferred Stock Shares Issued And Outstanding
PreferredStockSharesIssuedAndOutstanding
21800000 shares
sfi Proceeds From Distributions From Unconsolidated Entities
ProceedsFromDistributionsFromUnconsolidatedEntities
41586000 USD
sfi Repurchase And Redemption Of Secured And Unsecured Notes
RepurchaseAndRedemptionOfSecuredAndUnsecuredNotes
396356000 USD
sfi Proceeds From Distributions From Unconsolidated Entities
ProceedsFromDistributionsFromUnconsolidatedEntities
4489000 USD
sfi Proceeds From Principal Repayments On Loans Held For Investment
ProceedsFromPrincipalRepaymentsOnLoansHeldForInvestment
798274000 USD
sfi Proceeds From Principal Repayments On Loans Held For Investment
ProceedsFromPrincipalRepaymentsOnLoansHeldForInvestment
322045000 USD
sfi Profit Loss Adjusted For Income Loss Attributable To Redeemable Noncontrolling Interest
ProfitLossAdjustedForIncomeLossAttributableToRedeemableNoncontrollingInterest
-97170000 USD
CY2012Q2 sfi Properties Pledged As Collateral Book Value
PropertiesPledgedAsCollateralBookValue
3790000000 USD
sfi Property Subject To Or Available For Operating Lease Net Impairment Charges
PropertySubjectToOrAvailableForOperatingLeaseNetImpairmentCharges
20200000 USD
CY2012Q2 sfi Property Subject To Or Available For Operating Lease Net Impairment Charges
PropertySubjectToOrAvailableForOperatingLeaseNetImpairmentCharges
6200000 USD
sfi Property Subject To Or Available For Operating Lease Net Impairment Charges Recorded In Income Loss From Discontinued Operation
PropertySubjectToOrAvailableForOperatingLeaseNetImpairmentChargesRecordedInIncomeLossFromDiscontinuedOperation
500000 USD
CY2012Q2 sfi Property Subject To Or Available For Operating Lease Number Of Units Sold
PropertySubjectToOrAvailableForOperatingLeaseNumberOfUnitsSold
12 LeaseAssets
CY2012Q2 sfi Property Subject To Or Available For Operating Lease Sold Aggregate Carrying Value
PropertySubjectToOrAvailableForOperatingLeaseSoldAggregateCarryingValue
105700000 USD
sfi Property Subject To Or Available For Operating Lease Sold Aggregate Carrying Value
PropertySubjectToOrAvailableForOperatingLeaseSoldAggregateCarryingValue
9800000 USD
sfi Real Estate Acquisitions Through Foreclosures Or Deed In Lieu Of Foreclosure
RealEstateAcquisitionsThroughForeclosuresOrDeedInLieuOfForeclosure
185800000 USD
sfi Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition
RealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisition
20868000 USD
sfi Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition
RealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisition
32714000 USD
CY2011Q2 sfi Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition
RealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisition
11706000 USD
CY2012Q2 sfi Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition
RealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisition
21635000 USD
CY2012Q2 sfi Real Estate Held For Investment
RealEstateHeldForInvestment
1249681000 USD
CY2011Q4 sfi Real Estate Held For Investment
RealEstateHeldForInvestment
1228134000 USD
sfi Real Estate Investment Period
RealEstateInvestmentPeriod
2 decades
sfi Repayments And Repurchases Of Debt Discount
RepaymentsAndRepurchasesOfDebtDiscount
17326000 USD
sfi Repayments And Repurchases Of Debt Discount
RepaymentsAndRepurchasesOfDebtDiscount
2726000 USD
sfi Repayments Of Lines Of Credit Unsecured
RepaymentsOfLinesOfCreditUnsecured
506600000 USD
sfi Repayments Of Lines Of Credit Unsecured
RepaymentsOfLinesOfCreditUnsecured
244046000 USD
sfi Repayments Of Secured Debt Instruments
RepaymentsOfSecuredDebtInstruments
54767000 USD
sfi Repayments Of Secured Debt Instruments
RepaymentsOfSecuredDebtInstruments
1680118000 USD
sfi Repayments Of Unsecured Debt Instruments
RepaymentsOfUnsecuredDebtInstruments
259584000 USD
sfi Repayments Of Unsecured Debt Instruments
RepaymentsOfUnsecuredDebtInstruments
204405000 USD
sfi Repayments Under Credit Facilities
RepaymentsUnderCreditFacilities
392124000 USD
sfi Repayments Under Credit Facilities
RepaymentsUnderCreditFacilities
1199362000 USD
sfi Reporting Segments Number
ReportingSegmentsNumber
3
sfi Repurchase And Redemption Of Secured And Unsecured Notes
RepurchaseAndRedemptionOfSecuredAndUnsecuredNotes
323642000 USD
CY2012Q2 sfi Residential Property Profit Loss
ResidentialPropertyProfitLoss
13266000 USD
CY2011Q2 sfi Residential Property Profit Loss
ResidentialPropertyProfitLoss
0 USD
sfi Residential Property Profit Loss
ResidentialPropertyProfitLoss
0 USD
sfi Residential Property Profit Loss
ResidentialPropertyProfitLoss
19999000 USD
CY2012Q2 sfi Restricted Cash Companys Intent
RestrictedCashCompanysIntent
463000000 USD
CY2011Q4 sfi Security Deposits And Other Investment Deposits
SecurityDepositsAndOtherInvestmentDeposits
12192000 USD
CY2012Q2 sfi Security Deposits And Other Investment Deposits
SecurityDepositsAndOtherInvestmentDeposits
12463000 USD
sfi Segment Profit Loss
SegmentProfitLoss
-9433000 USD
CY2012Q2 sfi Segment Profit Loss
SegmentProfitLoss
-13708000 USD
CY2011Q2 sfi Segment Profit Loss
SegmentProfitLoss
4574000 USD
sfi Segment Profit Loss
SegmentProfitLoss
22929000 USD
sfi Stock Based Compensation Shares Withheld For Employee Taxes Upon Vesting
StockBasedCompensationSharesWithheldForEmployeeTaxesUponVesting
812000 USD
sfi Stock Based Compensation Shares Withheld For Employee Taxes Upon Vesting
StockBasedCompensationSharesWithheldForEmployeeTaxesUponVesting
11657000 USD
CY2011Q4 sfi Treasury Stock Par Value Per Share
TreasuryStockParValuePerShare
0.001
CY2012Q2 sfi Treasury Stock Par Value Per Share
TreasuryStockParValuePerShare
0.001
sfi Treasury Stock Value Acquired Including Acquisition Costs
TreasuryStockValueAcquiredIncludingAcquisitionCosts
4600000 USD
CY2011Q4 sfi Unamortized Discount Premium Deferred Fees And Costs Collectively Evaluated For Impairment
UnamortizedDiscountPremiumDeferredFeesAndCostsCollectivelyEvaluatedForImpairment
200000 USD
CY2012Q2 sfi Unamortized Discount Premium Deferred Fees And Costs Collectively Evaluated For Impairment
UnamortizedDiscountPremiumDeferredFeesAndCostsCollectivelyEvaluatedForImpairment
2100000 USD
CY2012Q2 sfi Unamortized Discount Premium Deferred Fees And Costs Individually Evaluated For Impairment
UnamortizedDiscountPremiumDeferredFeesAndCostsIndividuallyEvaluatedForImpairment
1300000 USD
CY2011Q4 sfi Unamortized Discount Premium Deferred Fees And Costs Individually Evaluated For Impairment
UnamortizedDiscountPremiumDeferredFeesAndCostsIndividuallyEvaluatedForImpairment
100000 USD
CY2012Q2 sfi Unamortized Discount Premium Deferred Fees And Costs Loans Acquired With Deteriorated Credit Quality
UnamortizedDiscountPremiumDeferredFeesAndCostsLoansAcquiredWithDeterioratedCreditQuality
100000 USD
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0001095651
CY2012Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
83617778 shares
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
sfi Weighted Average Number Of Hpu Shares Outstanding Basic And Diluted
WeightedAverageNumberOfHpuSharesOutstandingBasicAndDiluted
15000 shares
CY2011Q2 sfi Weighted Average Number Of Hpu Shares Outstanding Basic And Diluted
WeightedAverageNumberOfHpuSharesOutstandingBasicAndDiluted
15000 shares
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2012
dei Document Period End Date
DocumentPeriodEndDate
2012-06-30
CY2011Q4 sfi Unamortized Discount Premium Deferred Fees And Costs Loans Acquired With Deteriorated Credit Quality
UnamortizedDiscountPremiumDeferredFeesAndCostsLoansAcquiredWithDeterioratedCreditQuality
15000000 USD
sfi Undistributed Earnings Allocated To Participating Securities Basic
UndistributedEarningsAllocatedToParticipatingSecuritiesBasic
1540000 USD
sfi Undistributed Earnings Allocated To Participating Securities Diluted
UndistributedEarningsAllocatedToParticipatingSecuritiesDiluted
1507000 USD
CY2012Q2 sfi Unencumbered Assets Based On Recorded Carrying Value
UnencumberedAssetsBasedOnRecordedCarryingValue
3334760000 USD
CY2011Q4 sfi Unencumbered Assets Based On Recorded Carrying Value
UnencumberedAssetsBasedOnRecordedCarryingValue
4062118000 USD
CY2012Q2 sfi Unencumbered Assets Excluding Cash And Other Assets Carrying V
UnencumberedAssetsExcludingCashAndOtherAssetsCarryingV
2400000000 USD
CY2012Q2 sfi Unencumbered Other Investments
UnencumberedOtherInvestments
357761000 USD
CY2011Q4 sfi Unencumbered Other Investments
UnencumberedOtherInvestments
419878000 USD
CY2012Q2 sfi Unencumbered Property Subject To Or Available For Operating Lease Net
UnencumberedPropertySubjectToOrAvailableForOperatingLeaseNet
277585000 USD
CY2011Q4 sfi Unencumbered Property Subject To Or Available For Operating Lease Net
UnencumberedPropertySubjectToOrAvailableForOperatingLeaseNet
528782000 USD
sfi Unfunded Commitments
UnfundedCommitments
214335000 USD
sfi Weighted Average Number Of Hpu Shares Outstanding Basic And Diluted
WeightedAverageNumberOfHpuSharesOutstandingBasicAndDiluted
15000 shares
CY2012Q2 sfi Weighted Average Number Of Hpu Shares Outstanding Basic And Diluted
WeightedAverageNumberOfHpuSharesOutstandingBasicAndDiluted
15000 shares
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
ISTAR FINANCIAL INC

Files In Submission

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0001445305-12-002521-index.html Edgar Link pending
0001445305-12-002521.txt Edgar Link pending
0001445305-12-002521-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
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