Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2015

Summary of Computation of Earnings Per Share

The following table provides a summary of net income (loss) and the number of common shares used in the computation of basic income per common share - which includes the weighted average number of common shares outstanding without regard to dilutive potential common shares, and diluted loss per common share - which includes the weighted average common shares and dilutive share equivalents. Dilutive share equivalents may include our employee stock options and restricted stock.


	Three Months Ended		Nine Months Ended
(Amounts in thousands, except per share amounts)	September 30, 2015		September 30, 2015
Numerator:
Net income (loss) attributable to Paramount Group, Inc. - basic and diluted	$	1,116	$	(13,324	)

Denominator:
Denominator for basic income (loss) per share - weighted average shares		212,107		212,107
Effect of dilutive employee stock options and restricted share awards⁽¹⁾		1		-
Denominator for diluted income (loss) per share - weighted average shares		212,108		212,107

Income (loss) per share - basic and diluted	$	0.01	$	(0.06	)

(1) The effect of dilutive securities in the three and nine months ended September 30, 2015 excludes an aggregate of 53,360 and 53,252 weighted average share equivalents, respectively, as their effect was anti-dilutive.