Stockholders' Equity of the Company (Tables)

12 Months Ended

Dec. 31, 2017

Stockholders' Equity Note [Abstract]

At December 31, 2017 repurchases under the plan were as follows:



Period	Number of shares purchased	Average price paid per share	Cumulative 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) ⁽¹⁾
First quarter 2017	63,812	$103.84	63,812	$1,493.4
Second quarter 2017	2,384,323	$103.40	2,448,135	$1,246.8
Third quarter 2017	951,866	$101.67	3,400,001	$1,150.0
Fourth quarter 2017 ⁽²⁾	4,942,410	$100.76	8,342,411	$652.0


(1)	Reflective of $1.5 billion plan maximum as of December 31, 2017.


(2)	Includes 413,700 shares of common stock repurchased by the Company in December 2017 that were settled in January 2018.

Schedule of Common Stock Issued and Proceeds Received Dividend Reinvestments

The following table summarizes SL Green common stock issued, and proceeds received from dividend reinvestments and/or stock purchases under the DRSPP for the year ended December 31, 2017, 2016, and 2015, respectively (in thousands):



	Year Ended December 31,
	2017		2016		2015
Common Stock Shares Issued	2,141		2,687		775,760
Dividend reinvestments/stock purchases under the DRSPP	$	223	$	277	$	99,555

Schedule of Earnings Per Share

SL Green's earnings per share for the years ended December 31, 2017, 2016, and 2015 are computed as follows (in thousands):



	Year Ended December 31,
Numerator	2017		2016		2015
Basic Earnings:
Income attributable to SL Green common stockholders	$	86,424	$	234,946	$	269,132
Effect of Dilutive Securities:
Redemption of units to common shares	3,995		10,136		10,565
Diluted Earnings:
Income attributable to SL Green common stockholders	$	90,419	$	245,082	$	279,697



	Year Ended December 31,
Denominator	2017	2016	2015
Basic Shares:
Weighted average common stock outstanding	98,571	100,185	99,345
Effect of Dilutive Securities:
Operating Partnership units redeemable for common shares	4,556	4,323	3,899
Stock-based compensation plans	276	373	490
Diluted weighted average common stock outstanding	103,403	104,881	103,734

The Operating Partnership's earnings per unit for the years ended December 31, 2017, 2016, and 2015 respectively are computed as follows (in thousands):



	Year Ended December 31,
Numerator	2017		2016		2015
Basic and Diluted Earnings:
Income attributable to SLGOP common unitholders	$	90,419	$	245,082	$	279,697



	Year Ended December 31,
Denominator	2017	2016	2015
Basic units:
Weighted average common units outstanding	103,127	104,508	103,244
Effect of Dilutive Securities:
Stock-based compensation plans	276	373	490
Diluted weighted average common units outstanding	103,403	104,881	103,734