Company: SLG-PI
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0001628280-25-047886
Chunk: 96

Company: SL GREEN REALTY CORP
Filing Date: 2025-11-03
Form: 10-Q
Item: Item 1
Chunk 96
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 3,500,000 shares of our common stock under the DRSPP. The DRSPP commenced on September 24, 2001.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, 2025 and 2024, respectively (dollars in thousands):Three Months Ended September 30,Nine Months Ended September 30,2025202420252024Shares of common stock issued984 338,704 3,187 341,180 Dividend reinvestments/stock purchases under the DRSPP$58 $23,633 $189 $23,754 Earnings per ShareWe use the two-class method of computing earnings per share (“EPS”), which is an earnings allocation formula that determines EPS for 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.)September 30, 2025(unaudited)

SL Green's earnings per share for the three and nine months ended September 30, 2025 and 2024 are computed as follows (in thousands):Three Months Ended September 30,Nine Months Ended September 30,Numerator2025202420252024Basic Earnings (Loss):Income (loss) attributable to SL Green common stockholders$24,874 $(13,279)$(7,293)$(2,298)Less: distributed earnings allocated to participating securities(519)(435)(1,561)(1,309)Net income (loss) attributable to SL Green common stockholders (numerator for basic earnings per share)$24,355 $(13,714)$(8,854)$(3,607)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)— — — — Income (loss) attributable to SL Green common stockholders (numerator for diluted earnings per share)$24,355 $(13,714