Stockholders' Equity of the Company (Tables)

6 Months Ended

Jun. 30, 2020

Stockholders' Equity Note [Abstract]

At June 30, 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
Six months ended June 30, 2020 ⁽¹⁾	5,600,670	$64.42	28,284,163


(1)	Includes 179,212 shares of common stock repurchased by the Company in June 2020 that were settled in July 2020.

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 and six months ended June 30, 2020 and 2019, respectively (dollars in thousands):



	Three Months Ended June 30,				Six Months Ended June 30,
	2020		2019		2020		2019
Shares of common stock issued	3,902		2,455		5,679		2,995
Dividend reinvestments/stock purchases under the DRSPP	$	198	$	216	$	364	$	263

Schedule of Earnings Per Share

SL Green's earnings per share for the three and six months ended June 30, 2020 and 2019 are computed as follows (in thousands):



	Three Months Ended June 30,						Six Months Ended June 30,
Numerator	2020			2019			2020			2019
Basic Earnings:
Income attributable to SL Green common stockholders	$	56,444		$	161,103		$	171,245		$	204,895
Less: distributed earnings allocated to participating securities	(333		)	(128		)	(444		)	(257		)
Less: undistributed earnings allocated to participating securities	—			(164		)	(391		)	(115		)
Net income attributable to SL Green common stockholders (numerator for basic earnings per share)	$	56,111		$	160,811		$	170,410		$	204,523
Add back: dilutive effect of earnings allocated to participating securities	333			128			444			257
Add back: undistributed earnings allocated to participating securities	—			164			391			115
Add back: effect of dilutive securities (redemption of units to common shares)	3,070			8,310			9,272			10,587
Income attributable to SL Green common stockholders (numerator for diluted earnings per share)	$	59,514		$	169,413		$	180,517		$	215,482



	Three Months Ended June 30,		Six Months Ended June 30,
Denominator	2020	2019	2020	2019
Basic Shares:
Weighted average common stock outstanding	75,690	82,971	76,782	83,141
Effect of Dilutive Securities:
Operating Partnership units redeemable for common shares	4,120	4,260	4,170	4,296
Stock-based compensation plans	409	167	440	169
Diluted weighted average common stock outstanding	80,219	87,398	81,392	87,606