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Stockholders' Equity of the Company (Tables)
3 Months Ended
Mar. 31, 2017
Stockholders' Equity Note [Abstract]  
Class of Treasury Stock
In August 2016, our board of directors approved a stock repurchase plan under which we can buy up to $1.0 billion of shares of our common stock. At March 31, 2017 repurchases made under the stock repurchase plans were as follows:
Period
Total number of shares purchased
Average price paid per share
Total number of shares purchased as part of the repurchase plan or programs
Maximum approximate dollar value of shares that may yet be purchased under the plan (in millions)
First quarter 2017
982
$103.89
982
$999.9
Schedule of Earnings Per Share
SL Green's earnings per share for the three months ended March 31, 2017 and 2016 are computed as follows (in thousands):
 
Three Months Ended March 31,
Numerator
2017
 
2016
Basic Earnings:
 
 
 
Income attributable to SL Green common stockholders
$
11,351

 
$
23,221

Effect of Dilutive Securities:
 
 
 
Redemption of units to common shares
476

 
922

Diluted Earnings:
 
 
 
Income attributable to SL Green common stockholders
$
11,827

 
$
24,143

 
Three Months Ended March 31,
Denominator
2017
 
2016
Basic Shares:
 
 
 
Weighted average common stock outstanding
100,643

 
100,051

Effect of Dilutive Securities:
 
 
 
Operating Partnership units redeemable for common shares
4,607

 
3,974

Stock-based compensation plans
304

 
234

Diluted weighted average common stock outstanding
105,554

 
104,259