Stockholders' Equity of the Company (Tables)

6 Months Ended

Jun. 30, 2021

Stockholders' Equity Note [Abstract]

At June 30, 2021, share repurchases, excluding the redemption of OP units, 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	8,105,881	$104.61	8,105,881
Year ended 2018	9,468,617	$99.03	17,574,498
Year ended 2019	4,465,857	$86.06	22,040,355
Year Ended 2020	8,529,279	$62.39	30,569,634
Six months ended June 30, 2021 (1)	2,780,667	$71.51	33,350,301

(1) Includes 296,424 shares of common stock repurchased by the Company in June 2021 that were settled in July 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 three and six months ended June 30, 2021 and 2020, respectively (dollars in thousands):


	Three Months Ended June 30,				Six Months Ended June 30,
	2021		2020		2021		2020
Shares of common stock issued	1,551		3,791		7,034		5,518
Dividend reinvestments/stock purchases under the DRSPP	$	116	$	198	$	467	$	364

Schedule of Earnings Per Share

SL Green's earnings per share for the three and six months ended June 30, 2021 and 2020 are computed as follows (in thousands):


	Three Months Ended June 30,				Six Months Ended June 30,
Numerator	2021		2020		2021		2020
Basic Earnings:
Net income attributable to SL Green common stockholders	$	105,332	$	56,444	$	97,868	$	171,245
Less: distributed earnings allocated to participating securities	(369)		(333)		(738)		(444)
Less: undistributed earnings allocated to participating securities	(246)		—		—		(391)
Net income attributable to SL Green common stockholders (numerator for basic earnings per share)	$	104,717	$	56,111	$	97,130	$	170,410
Add back: dilutive effect of earnings allocated to participating securities	369		333		738		444
Add back: undistributed earnings allocated to participating securities	246		—		—		391
Add back: effect of dilutive securities (redemption of units to common shares)	6,282		3,070		5,806		9,272
Net income attributable to SL Green common stockholders (numerator for diluted earnings per share)	$	111,614	$	59,514	$	103,674	$	180,517


	Three Months Ended June 30,		Six Months Ended June 30,
Denominator	2021	2020	2021	2020
Basic Shares:
Weighted average common stock outstanding	68,980	73,538	68,996	74,598
Effect of Dilutive Securities:
Operating Partnership units redeemable for common shares	4,093	4,120	4,121	4,170
Stock-based compensation plans	654	408	625	440
Contingently issuable shares from special dividend declared December 4, 2020 and issued January 15, 2021	—	—	157	—
Diluted weighted average common stock outstanding	73,727	78,066	73,899	79,208