Earnings per share (Tables)

6 Months Ended

Jun. 30, 2024

Earnings Per Share [Abstract]

Reconciliation of the numerators and denominators of the basic and diluted earnings per share computations

The table below reconciles the numerators and denominators of the basic and diluted EPS computations for the three and six

months ended June 30, 2024 and 2023 (in thousands, except per share amounts):

	Three Months Ended June 30,		Six Months Ended June 30,
	2024	2023	2024	2023
Net income	$94,049	$133,705	$313,225	$255,398
Net income attributable to noncontrolling interests	(47,347)	(43,768)	(95,978)	(87,599)
Net income attributable to unvested restricted stock awards	(3,785)	(2,677)	(7,444)	(5,283)
Numerator for basic and diluted EPS – net income attributable to Alexandria Real Estate Equities, Inc.’s common stockholders	$42,917	$87,260	$209,803	$162,516
Denominator for basic EPS – weighted-average shares of common stock outstanding	172,013	170,864	171,981	170,824
Dilutive effect of forward equity sales agreements	—	—	—	—
Denominator for diluted EPS – weighted-average shares of common stock outstanding	172,013	170,864	171,981	170,824
Net income per share attributable to Alexandria Real Estate Equities, Inc.’s common stockholders:
Basic	$0.25	$0.51	$1.22	$0.95
Diluted	$0.25	$0.51	$1.22	$0.95