Stockholders' Equity of the Company (Tables)

3 Months Ended

Mar. 31, 2020

Stockholders' Equity Note [Abstract]

Class of Treasury Stock

At March 31, 2020, repurchases executed under the program 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
Year ended 2019	4,596,171	$83.62	22,683,493
First quarter 2020	2,637,099	$83.25	25,320,592

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 three months ended March 31, 2020 and 2019, respectively (dollars in thousands):

	Three Months Ended March 31,
	2020		2019
Shares of common stock issued	1,777		540
Dividend reinvestments/stock purchases under the DRSPP	$	166	$	47

Schedule of Earnings Per Share

SL Green's earnings per share for the three months ended March 31, 2020 and 2019 are computed as follows (in thousands):

	Three Months Ended March 31,
Numerator	2020			2019
Basic Earnings:
Income attributable to SL Green common stockholders	$	114,801		$	43,792
Less: distributed earnings allocated to participating securities	(113		)	(124		)
Less: undistributed earnings allocated to participating securities	(448		)	—
Net income attributable to SL Green common stockholders (numerator for basic earnings per share)	$	114,240		$	43,668
Add back: dilutive effect of earnings allocated to participating securities	113			124
Add back: undistributed earnings allocated to participating securities	448			—
Add back: effect of dilutive securities (redemption of units to common shares)	6,202			2,278
Income attributable to SL Green common stockholders (numerator for diluted earnings per share)	$	121,003		$	46,070

	Three Months Ended March 31,
Denominator	2020	2019
Basic Shares:
Weighted average common stock outstanding	77,864	83,313
Effect of Dilutive Securities:
Operating Partnership units redeemable for common shares	4,220	4,333
Stock-based compensation plans	483	164
Diluted weighted average common stock outstanding	82,567	87,810