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Stockholders' Equity of the Company (Tables)
3 Months Ended
Mar. 31, 2018
Stockholders' Equity Note [Abstract]  
Class of Treasury Stock
At March 31, 2018, repurchases under the plan were as follows:
Period
Shares repurchased
Average price paid per share
Cumulative number of shares repurchased as part of the repurchase plan or programs
Maximum approximate dollar value of shares that may yet be repurchased under the plan (in millions) (1)
2017
8,342,411
$101.64
8,342,411
$652.0
First quarter 2018 (2)
3,653,928
$97.07
11,996,339
$297.2

(1)
Reflective of $1.5 billion plan maximum as of March 31, 2018.
(2)
Includes 142,004 shares of common stock repurchased by the Company in March 2018 that were settled in April 2018.
Schedule of Earnings Per Share
SL Green's earnings per share for the three months ended March 31, 2018 and 2017 are computed as follows (in thousands):
 
Three Months Ended March 31,
Numerator
2018
 
2017
Basic Earnings:
 
 
 
Income attributable to SL Green common stockholders
$
101,766

 
$
11,351

Effect of Dilutive Securities:
 
 
 
Redemption of units to common shares
5,272

 
476

Diluted Earnings:
 
 
 
Income attributable to SL Green common stockholders
$
107,038

 
$
11,827

 
Three Months Ended March 31,
Denominator
2018
 
2017
Basic Shares:
 
 
 
Weighted average common stock outstanding
90,520

 
100,643

Effect of Dilutive Securities:
 
 
 
Operating Partnership units redeemable for common shares
4,683

 
4,607

Stock-based compensation plans
53

 
304

Diluted weighted average common stock outstanding
95,256

 
105,554