Earnings per share (Tables)

3 Months Ended

Mar. 31, 2018

Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]

Reconciliation of the numerators and denominators of the basic and diluted earnings per share computations

The table below is a reconciliation of the numerators and denominators of the basic and diluted EPS computations for the three months ended March 31, 2018 and 2017 (in thousands, except per share amounts):

	Three Months Ended March 31,
	2018			2017
Net income	$	141,518		$	47,555
Net income attributable to noncontrolling interests	(5,888		)	(5,844		)
Dividends on preferred stock	(1,302		)	(3,784		)
Preferred stock redemption charge	—			(11,279		)
Net income attributable to unvested restricted stock awards	(1,941		)	(987		)
Numerator for basic and diluted EPS – net income attributable to Alexandria Real Estate Equities, Inc.’s common stockholders	$	132,387		$	25,661
Denominator for basic EPS – weighted-average shares of common stock outstanding	99,855			88,147
Dilutive effect of forward equity sales agreements	270			53
Denominator for diluted EPS – adjusted – weighted-average shares of common stock outstanding	100,125			88,200
Net income per share attributable to Alexandria Real Estate Equities, Inc.’s common stockholders:
Basic	$	1.33		$	0.29
Diluted	$	1.32		$	0.29