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Stockholders' Equity of the Company (Tables)
6 Months Ended
Jun. 30, 2022
Stockholders' Equity Note [Abstract]  
Class of treasury stock
As of June 30, 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
Six months June 30, 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 and six months ended June 30, 2022 and 2021, respectively (dollars in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2022202120222021
Shares of common stock issued1,762 1,505 2,894 6,825 
Dividend reinvestments/stock purchases under the DRSPP$110 $116 $199 $467 
Schedule of earnings per share
SL Green's earnings per share for the three and six months ended June 30, 2022 and 2021 are computed as follows (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
Numerator2022202120222021
Basic Earnings:
(Loss) income attributable to SL Green common stockholders$(43,876)$105,332 $(36,125)$97,868 
Less: distributed earnings allocated to participating securities(497)(362)(995)(725)
Less: undistributed earnings allocated to participating securities (261) — 
Net (loss) income attributable to SL Green common stockholders (numerator for basic earnings per share)$(44,373)$104,709 $(37,120)$97,143 
Add back: dilutive effect of earnings allocated to participating securities and contingently issuable shares(1,103)362 (806)725 
Add back: undistributed earnings allocated to participating securities 261  — 
Add back: effect of dilutive securities (redemption of units to common shares)(2,813)6,282 (2,321)5,806 
Net (loss) income attributable to SL Green common stockholders (numerator for diluted earnings per share)$(48,289)$111,614 $(40,247)$103,674 
Three Months Ended June 30,Six Months Ended June 30,
Denominator2022202120222021
Basic Shares:
Weighted average common stock outstanding63,798 66,931 63,987 66,948 
Effect of Dilutive Securities:
Operating Partnership units redeemable for common shares4,102 4,093 4,112 4,121 
Stock-based compensation plans1,120 648 1,139 616 
Contingently issuable shares — 184 153 
Diluted weighted average common stock outstanding69,020 71,672 69,422 71,838