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Stockholders' Equity of the Company (Tables)
12 Months Ended
Dec. 31, 2020
Stockholders' Equity Note [Abstract]  
Class of Treasury Stock At December 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 20178,105,881$104.618,105,881
Year ended 20189,468,617$99.0317,574,498
Year ended 20194,465,857$86.0622,040,355
Year ended 2020 (1)
8,538,995$62.3930,579,350
(1) Includes 63,374 shares of common stock repurchased by the Company in December 2020 that were settled in January 2021.
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 years ended December 31, 2020, 2019, and 2018, respectively (dollars in thousands):
Year Ended December 31,
202020192018
Shares of common stock issued16,676 3,757 1,359 
Dividend reinvestments/stock purchases under the DRSPP$1,006 $334 $136 
Schedule of Earnings Per Share
SL Green's earnings per share for the years ended December 31, 2020, 2019, and 2018 are computed as follows (in thousands):
Year Ended December 31,
Numerator202020192018
Basic Earnings:
Income attributable to SL Green common stockholders$356,105 $255,484 $232,312 
Less: distributed earnings allocated to participating securities
(1,687)$(1,702)$(1,042)
Less: undistributed earnings allocated to participating securities
(83)— — 
Net income attributable to SL Green common stockholders (numerator for basic earnings per share)$354,335 $253,782 $231,270 
Add back: Dilutive effect of earnings allocated to participating securities
1,770 1,702 1,042 
Add back: Effect of dilutive securities (redemption of units to common shares)
20,016 13,301 12,216 
Income attributable to SL Green common stockholders (numerator for diluted earnings per share)$376,121 $268,785 $244,528 
Year Ended December 31,
Denominator202020192018
Basic Shares:
Weighted average common stock outstanding72,552 79,415 84,090 
Effect of Dilutive Securities:
Operating Partnership units redeemable for common shares4,096 4,275 4,562 
Stock-based compensation plans440 544 419 
Contingently issuable shares from special dividend declared December 4, 2020155 — — 
Diluted weighted average common stock outstanding77,243 84,234 89,071