−Removed: Market for Registrant's Equity and Related Share Matters
+Added: Market for Registrant's Equity and Related Stock Matters
The Company's common stock trades on the New York Stock Exchange ("NYSE") under the symbol "STAR." The Company had 1,491 holders of record of common stock as of February 19, 2021.
3 unchanged sentences
Total Number of Shares Purchased (1)
−Removed: Average Price Paid per Share
−Removed: Total Number of Shares Purchased as Part of a Publicly Announced Plan
−Removed: Maximum Dollar Value of Shares that May Yet be Purchased Under the Plans (1)
+Added: Average Price Paid per Share Total Number of Shares Purchased as Part of a Publicly Announced Plan Maximum Dollar Value of Shares that May Yet be Purchased Under the Plans (1)
October 1 to October 31, 2020 456,000 $ 12.04 5,492,139 $ 35,286,766
3 unchanged sentences
(1) We may repurchase shares in negotiated transactions or open market transactions, including through one or more trading plans.
+Added: In February 2021, our board of directors authorized an increase to the stock repurchase program to $50.0 million.
Disclosure of Equity Compensation Plan Information
−Removed: Plans Category
+Added: Plans Category (a)
Number of securities to
1 unchanged sentence
of outstanding options,
−Removed: warrants and rights
+Added: warrants and rights (b)
Weighted-average
1 unchanged sentence
outstanding options,
−Removed: warrants and rights
+Added: warrants and rights (c)
Number of securities
5 unchanged sentences
Equity compensation plans approved by security holders-restricted stock awards (1)(2)
+Added: 710,467 N/A 2,411,963
_______________________________________________________________________________
(1) Restricted Stock—The amount shown in column (a) includes 530,945 unvested restricted stock units which may vest in the future based on the employees' continued service to the Company (see Item 8—"Financial Statements and Supplemental Data—Note 15" for a more detailed description of the Company's restricted stock grants).
−Removed: Substantially all of the restricted stock units included in column (a) are required to be settled on a net, after-tax basis (after deducting shares for minimum required statutory withholdings);
+Added: All of the unvested restricted stock units included in column (a) are required to be settled on a net, after-tax basis (after deducting shares for minimum required statutory withholdings);
therefore, the actual number of shares issued will be less than the gross amount of the awards.
5 unchanged sentences
In no event may the number of shares issued exceed the amount available in column (c) unless shareholders authorize additional shares (see Item 8—"Financial Statements and Supplemental Data—Note 15" for a more detailed description of iPIP.)
−Removed: Selected Financial Data
−Removed: The following table sets forth selected financial data on a consolidated historical basis for the Company.
−Removed: 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."
−Removed: For the Years Ended December 31,
−Removed: (In thousands, except per share data and ratios)
−Removed: OPERATING DATA:
−Removed: Operating lease income
−Removed: Interest income
−Removed: Interest income from sales-type leases (1)
−Removed: Land development revenue
−Removed: Total revenue
−Removed: Interest expense
−Removed: Real estate expense
−Removed: Land development cost of sales
−Removed: Depreciation and amortization
−Removed: General and administrative
−Removed: Provision for (recovery of) loan losses
−Removed: Impairment of assets
−Removed: Other expense
−Removed: Total costs and expenses
−Removed: Income from sales of real estate
−Removed: Income (loss) from operations before earnings from equity method investments and other items
−Removed: Loss on early extinguishment of debt, net
−Removed: Earnings (losses) from equity method investments
−Removed: Selling profit from sales-type leases (1)
−Removed: Gain on consolidation of equity method investment (1)
−Removed: Income (loss) from continuing operations before income taxes
−Removed: Income tax (expense) benefit
−Removed: Income (loss) from continuing operations
−Removed: Income from discontinued operations
−Removed: Gain from discontinued operations
−Removed: Net income (loss)
−Removed: Net (income) loss attributable to noncontrolling interests
−Removed: Net income (loss) attributable to iStar Inc.
−Removed: Preferred dividends
−Removed: Net (income) loss allocable to HPU holders and Participating Security holders (2)
−Removed: Net income (loss) allocable to common shareholders
−Removed: Per common share data (3) :
−Removed: Income (loss) attributable to iStar Inc.
−Removed: from continuing operations:
−Removed: Net income (loss) attributable to iStar Inc.:
−Removed: Dividends declared per common share
−Removed: _______________________________________________________________________________
−Removed: Refer to Note 3 and Note 5 for more information on "Interest income from sales-type leases" and "Selling profit from sales-type leases." Refer to Note 8 for more information on "Gain on consolidation of equity method investment."
−Removed: All of the Company's outstanding HPUs were repurchased and retired on August 13, 2015.
−Removed: Participating Security holders were non-employee directors who held unvested common stock equivalents and restricted stock awards granted under the Company's Long Term Incentive Plans that were eligible to participate in dividends (see Item 8—"Financial Statements and Supplemental Data—Note 15 and 16).
−Removed: See Item 8—"Financial Statements and Supplemental Data—Note 16."
−Removed: For the Years Ended December 31,
−Removed: (In thousands)
−Removed: Weighted average common shares outstanding—basic
−Removed: Weighted average common shares outstanding—diluted
−Removed: Cash flows from (used in):
−Removed: Operating activities
−Removed: Investing activities
−Removed: Financing activities
−Removed: As of December 31,
−Removed: (In thousands)
−Removed: BALANCE SHEET DATA:
−Removed: Total real estate
−Removed: Net investment in leases (1)
−Removed: Land and development, net
−Removed: Loans receivable and other lending investments, net
−Removed: Debt obligations, net
−Removed: Total equity (2)
−Removed: _______________________________________________________________________________
−Removed: Refer to Note 5.
−Removed: Total equity includes $197.5 million and $201.1 million, respectively, of noncontrolling interests as of December 31, 2019 and 2018.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.