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, 2024 and 2023, respectively (dollars in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, | | Nine Months Ended September 30, | | 2024 | | 2023 | | 2024 | | 2023 | Shares of common stock issued | 338,704 | | | 2,695 | | | 341,180 | | | 14,736 | | Dividend reinvestments/stock purchases under the DRSPP | $ | 23,633 | | | $ | 97 | | | $ | 23,754 | | | $ | 439 | |
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Schedule of Earnings Per Share |
SL Green's earnings per share for the three and nine months ended September 30, 2024 and 2023 are computed as follows (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, | | Nine Months Ended September 30, | Numerator | 2024 | | 2023 | | 2024 | | 2023 | Basic Earnings: | | | | | | | | Loss attributable to SL Green common stockholders | $ | (13,279) | | | $ | (23,967) | | | $ | (2,298) | | | $ | (423,892) | | Less: distributed earnings allocated to participating securities | (435) | | | (408) | | | (1,309) | | | (1,225) | | | | | | | | | | Net loss attributable to SL Green common stockholders (numerator for basic earnings per share) | $ | (13,714) | | | $ | (24,375) | | | $ | (3,607) | | | $ | (425,117) | | Add back: dilutive effect of earnings allocated to participating securities and contingently issuable shares | — | | | — | | | — | | | — | | | | | | | | | | Add back: effect of dilutive securities (redemption of units to common shares) | — | | | (1,574) | | | — | | | (27,493) | | Net loss attributable to SL Green common stockholders (numerator for diluted earnings per share) | $ | (13,714) | | | $ | (25,949) | | | $ | (3,607) | | | $ | (452,610) | |
| | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, | | Nine Months Ended September 30, | Denominator | 2024 | | 2023 | | 2024 | | 2023 | Basic Shares: | | | | | | | | Weighted average common stock outstanding | 64,388 | | | 64,114 | | | 64,355 | | | 64,099 | | Effect of Dilutive Securities: | | | | | | | | Operating Partnership units redeemable for common shares | — | | | 4,182 | | | — | | | 4,175 | | | | | | | | | | | | | | | | | | Diluted weighted average common stock outstanding | 64,388 | | | 68,296 | | | 64,355 | | | 68,274 | |
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