Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands |
12 Months Ended | |
|---|---|---|
Dec. 31, 2019 |
Dec. 31, 2018 |
|
| Revenues: | ||
| Operating lease income | $ 72,071 | $ 47,400 |
| Interest income from sales-type leases | 18,531 | 0 |
| Other income | 2,794 | 2,324 |
| Total revenues | 93,396 | 49,724 |
| Costs and expenses: | ||
| Interest expense | 29,868 | 15,389 |
| Real estate expense | 2,673 | 1,600 |
| Depreciation and amortization | 9,379 | 9,142 |
| General and administrative | 14,435 | 10,662 |
| Other expense | 899 | 995 |
| Total costs and expenses | 57,254 | 37,788 |
| Income from operations before other items | 36,142 | 11,936 |
| Loss on early extinguishment of debt | (2,011) | 0 |
| Earnings (losses) from equity method investments | (403) | 0 |
| Net income | 33,728 | 11,936 |
| Net income attributable to noncontrolling interests | (6,035) | (196) |
| Net income attributable to Safehold Inc. common shareholders | $ 27,693 | $ 11,740 |
| Net income (loss) Basic and diluted (in dollars per share) | $ 0.89 | $ 0.64 |
| Weighted average number of common shares: Basic and diluted (in shares) | 31,008 | 18,218 |