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Earnings per share (Tables)
12 Months Ended
Dec. 31, 2023
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 years ended December 31, 2023, 2022, and 2021 (in thousands, except per share amounts):

Year Ended December 31,
202320222021
Net income$280,994 $670,701 $654,282 
Net income attributable to noncontrolling interests
(177,355)(149,041)(83,035)
Net income attributable to unvested restricted stock awards
(11,195)(8,392)(7,848)
Numerator for basic and diluted EPS – net income attributable to Alexandria Real Estate Equities, Inc.’s common stockholders$92,444 $513,268 $563,399 
Denominator for basic EPS – weighted-average shares of common stock outstanding
170,909 161,659 146,921 
Dilutive effect of forward equity sales agreements
— — 539 
Denominator for diluted EPS – weighted-average shares of common stock outstanding
170,909 161,659 147,460 
Net income per share attributable to Alexandria Real Estate Equities, Inc.’s common stockholders:
Basic
$0.54 $3.18 $3.83 
Diluted
$0.54 $3.18 $3.82