Stockholders' Equity of the Company (Tables)

3 Months Ended

Mar. 31, 2023

Stockholders' Equity Note [Abstract]

Class of treasury stock

As of March 31, 2023, share repurchases executed under the program, excluding the redemption of OP units, were as follows:

Period	Shares repurchased(1)	Average price paid per share	Cumulative number of shares repurchased as part of the repurchase plan or programs
Year ended 2017	7,865,206	$107.81	7,865,206
Year ended 2018	9,187,480	$102.06	17,052,686
Year ended 2019	4,333,260	$88.69	21,385,946
Year ended 2020	8,276,032	$64.30	29,661,978
Year ended 2021	4,474,649	$75.44	34,136,627
Year ended 2022	1,971,092	$76.69	36,107,719

(1)There have been no share repurchases during the three months ended March 31, 2023.

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, 2023 and 2022, respectively (dollars in thousands):

	Three Months Ended March 31,
	2023		2022
Shares of common stock issued	5,280		1,132
Dividend reinvestments/stock purchases under the DRSPP	$	184	$	89

Schedule of earnings per share

SL Green's earnings per share for the three months ended March 31, 2023 and 2022 are computed as follows (in thousands):

	Three Months Ended March 31,
Numerator	2023		2022
Basic Earnings:
(Loss) income attributable to SL Green common stockholders	$	(39,731)	$	7,751
Less: distributed earnings allocated to participating securities	(406)		(335)
Net (loss) income attributable to SL Green common stockholders (numerator for basic earnings per share)	$	(40,137)	$	7,416
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)	(2,837)		492
Net (loss) income attributable to SL Green common stockholders (numerator for diluted earnings per share)	$	(42,974)	$	7,812

	Three Months Ended March 31,
Denominator	2023	2022
Basic Shares:
Weighted average common stock outstanding	64,079	64,349
Effect of Dilutive Securities:
Operating Partnership units redeemable for common shares	4,103	4,121
Stock-based compensation plans	—	984
Contingently issuable shares	—	774
Diluted weighted average common stock outstanding	68,182	70,228