iStar Financial Inc. is a finance company focused on the commercial real estate industry. The Company provides custom-tailored financing to private and corporate owners of real estate, including senior and mezzanine real estate debt, senior and mezzanine corporate capital, corporate net lease financing and equity. The Company has two primary lines of business: lending and corporate tenant leasing. Its primary sources of revenues are interest income, which is the interest that borrowers pay on loans, and operating lease income, which is the rent that corporate customers pay to lease corporate tenant lease (CTL) properties. As of December 31, 2008, the Company owned 362 office, industrial, entertainment, hotel and retail facilities principally subject to net leases to 102 customers, comprising 39.5 million square feet in 39 states.