Stockholders' Equity of the Company (Tables)

9 Months Ended

Sep. 30, 2021

Stockholders' Equity Note [Abstract]

As of September 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
Nine months ended September 30, 2021	3,797,082	$72.89	34,366,716

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 nine months ended September 30, 2021 and 2020, respectively (dollars in thousands):


	Three Months Ended September 30,				Nine Months Ended September 30,
	2021		2020		2021		2020
Shares of common stock issued	2,004		4,086		9,038		9,604
Dividend reinvestments/stock purchases under the DRSPP	$	146	$	202	$	613	$	566

Schedule of earnings per share

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


	Three Months Ended September 30,				Nine Months Ended September 30,
Numerator	2021		2020		2021		2020
Basic Earnings:
Net income attributable to SL Green common stockholders	$	388,205	$	13,859	$	486,073	$	185,104
Less: distributed earnings allocated to participating securities	(363)		(333)		(1,090)		(777)
Less: undistributed earnings allocated to participating securities	(1,942)		—		(1,736)		(141)
Net income attributable to SL Green common stockholders (numerator for basic earnings per share)	$	385,900	$	13,526	$	483,247	$	184,186
Add back: dilutive effect of earnings allocated to participating securities	363		333		1,090		777
Add back: undistributed earnings allocated to participating securities	1,942		—		1,736		141
Add back: effect of dilutive securities (redemption of units to common shares)	22,683		802		28,489		10,073
Net income attributable to SL Green common stockholders (numerator for diluted earnings per share)	$	410,888	$	14,661	$	514,562	$	195,177


	Three Months Ended September 30,		Nine Months Ended September 30,
Denominator	2021	2020	2021	2020
Basic Shares:
Weighted average common stock outstanding	66,840	70,943	68,275	73,373
Effect of Dilutive Securities:
Operating Partnership units redeemable for common shares	3,834	4,029	4,024	4,123
Stock-based compensation plans	813	442	684	441
Contingently issuable shares from special dividend declared December 4, 2020 and issued January 15, 2021	—	—	104	—
Diluted weighted average common stock outstanding	71,487	75,414	73,087	77,937