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Stockholders' Equity of the Company (Tables)
6 Months Ended
Jun. 30, 2019
Stockholders' Equity Note [Abstract]  
Class of Treasury Stock
At June 30, 2019, 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
Year ended 2017
8,342,411
$101.64
8,342,411
Year ended 2018
9,744,911
$96.22
18,087,322
First quarter 2019
397,783
$86.07
18,485,105
Second quarter 2019
866,924
$86.58
19,352,029

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, 2019 and 2018, respectively (dollars in thousands):
 
Six Months Ended June 30,
 
2019
 
2018
Shares of common stock issued
2,995

 
674

Dividend reinvestments/stock purchases under the DRSPP
$
263

 
$
64


Schedule of Earnings Per Share
SL Green's earnings per share for the three and six months ended June 30, 2019 and 2018 are computed as follows (in thousands):
 
Three Months Ended June 30,
 
Six Months Ended June 30,
Numerator
2019
 
2018
 
2019
 
2018
Basic Earnings:
 
 
 
 
 
 
 
Income attributable to SL Green common stockholders
$
161,103

 
$
103,556

 
$
204,895

 
$
205,322

Less: distributed earnings allocated to participating securities
(128
)
 
(119
)
 
(257
)
 
(237
)
Less: undistributed earnings allocated to participating securities
(164
)
 
(55
)
 
(115
)
 
(100
)
Net income attributable to SL Green common stockholders (numerator for basic earnings per share)
$
160,811

 
$
103,382

 
$
204,523

 
$
204,985

Add back: distributed earnings allocated to participating securities
128

 
119

 
257

 
237

Add back: undistributed earnings allocated to participating securities
164

 
55

 
115

 
100

Add back: Effect of dilutive securities (redemption of units to common shares)
8,310

 
5,586

 
10,587

 
10,858

Income attributable to SL Green common stockholders (numerator for diluted earnings per share)
$
169,413

 
$
109,142

 
$
215,482

 
$
216,180

 
Three Months Ended June 30,
 
Six Months Ended June 30,
Denominator
2019
 
2018
 
2019
 
2018
Basic Shares:
 
 
 
 
 
 
 
Weighted average common stock outstanding
82,971

 
87,176

 
83,141

 
88,772

Effect of Dilutive Securities:
 
 
 
 
 
 
 
Operating Partnership units redeemable for common shares
4,260

 
4,706

 
4,296

 
4,695

Stock-based compensation plans
167

 
201

 
169

 
200

Diluted weighted average common stock outstanding
87,398

 
92,083

 
87,606

 
93,667