Stockholders' Equity of the Company (Tables)

9 Months Ended

Sep. 30, 2023

Stockholders' Equity Note [Abstract]

Class of treasury stock

As of September 30, 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 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 were no share repurchases during the nine months ended September 30, 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 and nine months ended September 30, 2023 and 2022, respectively (dollars in thousands):

	Three Months Ended September 30,				Nine Months Ended September 30,
	2023		2022		2023		2022
Shares of common stock issued	2,695		2,933		14,736		5,827
Dividend reinvestments/stock purchases under the DRSPP	$	97	$	140	$	439	$	339

Schedule of earnings per share

SL Green's earnings per share for the three and nine months ended September 30, 2023 and 2022 are computed as follows (in thousands):

	Three Months Ended September 30,				Nine Months Ended September 30,
Numerator	2023		2022		2023		2022
Basic Earnings:
(Loss) income attributable to SL Green common stockholders	$	(23,967)	$	7,377	$	(423,892)	$	(28,748)
Less: distributed earnings allocated to participating securities	(408)		(505)		(1,225)		(1,516)
Net (loss) income attributable to SL Green common stockholders (numerator for basic earnings per share)	$	(24,375)	$	6,872	$	(425,117)	$	(30,264)
Add back: dilutive effect of earnings allocated to participating securities and contingently issuable shares	—		505		—		(484)
Add back: effect of dilutive securities (redemption of units to common shares)	(1,574)		491		(27,493)		(1,831)
Net (loss) income attributable to SL Green common stockholders (numerator for diluted earnings per share)	$	(25,949)	$	7,868	$	(452,610)	$	(32,579)

	Three Months Ended September 30,		Nine Months Ended September 30,
Denominator	2023	2022	2023	2022
Basic Shares:
Weighted average common stock outstanding	64,114	63,949	64,099	63,971
Effect of Dilutive Securities:
Operating Partnership units redeemable for common shares	4,182	4,088	4,175	4,104
Stock-based compensation plans	—	860	—	1,052
Contingently issuable shares	—	—	—	122
Diluted weighted average common stock outstanding	68,296	68,897	68,274	69,249