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Stockholders' Equity of the Company (Tables)
6 Months Ended
Jun. 30, 2018
Stockholders' Equity Note [Abstract]  
Class of Treasury Stock
At June 30, 2018, repurchases executed 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
$1,152.0
First quarter 2018
3,653,928
$97.07
11,996,339
$797.2
Second quarter 2018 (2)
3,479,552
$97.22
15,475,891
$458.9

(1)
Reflective of $2.0 billion plan maximum as of June 30, 2018.
(2)
Includes 101,421 shares of common stock repurchased by the Company in June 2018 that were settled in July 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 six months ended June 30, 2018 and 2017, respectively (dollars in thousands):
 
Six Months Ended June 30,
 
2018
 
2017
Shares of common stock issued
674

 
1,036

Dividend reinvestments/stock purchases under the DRSPP
$
64

 
$
111

Schedule of Earnings Per Share
SL Green's earnings per share for the three and six months ended June 30, 2018 and 2017 are computed as follows (in thousands):
 
Three Months Ended June 30,
 
Six Months Ended June 30,
Numerator
2018
 
2017
 
2018
 
2017
Basic Earnings:
 
 
 
 
 
 
 
Income attributable to SL Green common stockholders
$
103,556

 
$
8,222

 
$
205,322

 
$
19,573

Effect of Dilutive Securities:
 
 
 
 
 
 
 
Redemption of units to common shares
5,586

 
419

 
10,858

 
895

Diluted Earnings:
 
 
 
 
 
 
 
Income attributable to SL Green common stockholders
$
109,142

 
$
8,641

 
$
216,180

 
$
20,468

 
Three Months Ended June 30,
 
Six Months Ended June 30,
Denominator
2018
 
2017
 
2018
 
2017
Basic Shares:
 
 
 
 
 
 
 
Weighted average common stock outstanding
87,176

 
99,900

 
88,772

 
100,268

Effect of Dilutive Securities:
 
 
 
 
 
 
 
Operating Partnership units redeemable for common shares
4,706

 
4,562

 
4,695

 
4,584

Stock-based compensation plans
201

 
270

 
200

 
288

Diluted weighted average common stock outstanding
92,083

 
104,732

 
93,667

 
105,140