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Stockholders' Equity of the Company (Tables)
3 Months Ended
Mar. 31, 2022
Stockholders' Equity Note [Abstract]  
Class of treasury stock
As of March 31, 2022, share repurchases executed under the program, excluding the redemption of OP units, 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 20177,865,206$107.817,865,206
Year ended 20189,187,480$102.0617,052,686
Year ended 20194,333,260$88.6921,385,946
Year ended 20208,276,032$64.3029,661,978
Year ended 20214,474,649$75.4434,136,627
Three months ended March 31, 20221,971,092$76.6936,107,719
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, 2022 and 2021, respectively (dollars in thousands):
Three Months Ended March 31,
20222021
Shares of common stock issued1,132 5,320 
Dividend reinvestments/stock purchases under the DRSPP$89 $351 
Schedule of earnings per share
SL Green's earnings per share for the three months ended March 31, 2022 and 2021 are computed as follows (in thousands):
Three Months Ended March 31,
Numerator20222021
Basic Earnings:
Income (loss) attributable to SL Green common stockholders$7,751 $(7,464)
Less: distributed earnings allocated to participating securities(335)(364)
Net income (loss) attributable to SL Green common stockholders (numerator for basic earnings per share)$7,416 $(7,828)
Add back: dilutive effect of earnings allocated to participating securities and contingently issuable shares(96)
Add back: effect of dilutive securities (redemption of units to common shares)492 (476)
Net income (loss) attributable to SL Green common stockholders (numerator for diluted earnings per share)$7,812 $(8,297)
Three Months Ended March 31,
Denominator20222021
Basic Shares:
Weighted average common stock outstanding64,349 66,961 
Effect of Dilutive Securities:
Operating Partnership units redeemable for common shares4,121 4,148 
Stock-based compensation plans984 588 
Contingently issuable shares774 307 
Diluted weighted average common stock outstanding70,228 72,004