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Earnings per share (Tables)
12 Months Ended
Dec. 31, 2019
Earnings Per Share [Abstract]  
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 years ended December 31, 2019, 2018, and 2017 (in thousands, except per share amounts):
 
Year Ended December 31,
 
2019
 
2018
 
2017
Net income
$
404,047

 
$
402,793

 
$
194,204

Net income attributable to noncontrolling interests
(40,882
)
 
(23,481
)
 
(25,111
)
Dividends on preferred stock
(3,204
)
 
(5,060
)
 
(7,666
)
Preferred stock redemption charge
(2,580
)
 
(4,240
)
 
(11,279
)
Net income attributable to unvested restricted stock awards
(6,386
)
 
(6,029
)
 
(4,753
)
 Numerator for basic and diluted EPS – net income attributable to Alexandria Real Estate Equities, Inc.’s common stockholders
$
350,995

 
$
363,983

 
$
145,395

 
 
 
 
 
 
Denominator for basic EPS – weighted-average shares of common stock outstanding
112,204

 
103,010

 
91,546

Dilutive effect of forward equity sales agreements
320

 
311

 
517

Denominator for diluted EPS – weighted-average shares of common stock outstanding
112,524

 
103,321

 
92,063

Net income per share attributable to Alexandria Real Estate Equities, Inc.’s common stockholders:
 
 
 
 
 
Basic
$
3.13

 
$
3.53

 
$
1.59

Diluted
$
3.12

 
$
3.52

 
$
1.58