Company: SLG-PI
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001040971-25-000031
Chunk: 97

Company: SL GREEN REALTY CORP
Filing Date: 2025-08-08
Form: 10-Q
Item: Item 1
Chunk 97
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 common stock and any participating securities according to dividends declared (whether paid or unpaid). Under the two-class method, basic EPS is computed by dividing the income available to common stockholders by the weighted-average number of common stock shares outstanding for the period. Diluted EPS reflects the potential dilution that could occur from share equivalent activity.

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Table of ContentsSL Green Realty Corp. and SL Green Operating Partnership, L.P.Notes to Consolidated Financial Statements (cont.)June 30, 2025(unaudited)

SL Green's earnings per share for the three and six months ended June 30, 2025 and 2024 are computed as follows (in thousands):Three Months Ended June 30,Six Months Ended June 30,Numerator2025202420252024Basic (Loss) Earnings:(Loss) income attributable to SL Green common stockholders$(11,092)$(2,160)$(32,167)$10,981 Less: distributed earnings allocated to participating securities(521)(436)(1,042)(872)Net (loss) income attributable to SL Green common stockholders (numerator for basic earnings per share)$(11,613)$(2,596)$(33,209)$10,109 Add back: dilutive effect of earnings allocated to participating securities and contingently issuable shares— — — 436 Add back: effect of dilutive securities (redemption of units to common shares)— (99)— 748 (Loss) income attributable to SL Green common stockholders (numerator for diluted earnings per share)$(11,613)$(2,695)$(33,209)$11,293 Three Months Ended June 30,Six Months Ended June 30,Denominator2025202420252024Basic Shares:Weighted average common stock outstanding70,436 64,353 70,430 64,340 Effect of Dilutive Securities:Operating Partnership units redeemable for common shares— 4,387 — 4,413 Stock-based compensation plans— — — 1,384 Diluted weighted average common stock outstanding70,436 68,740 70,430 70,137 The Company has excluded 352,917 and 352,917 common stock equivalents from the calculation of diluted shares outstanding for the three and six months ended June 30, 2025, respectively, as they were anti-dilutive. The Company has excluded 1,574,571 and