XML 105 R45.htm IDEA: XBRL DOCUMENT v3.24.4
Earnings per share (Tables)
12 Months Ended
Dec. 31, 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 years ended
December 31, 2024, 2023, and 2022 (in thousands, except per share amounts):
Year Ended December 31,
2024
2023
2022
Net income
$510,733
$280,994
$670,701
Net income attributable to noncontrolling interests
(187,784)
(177,355)
(149,041)
Net income attributable to unvested RSAs with nonforfeitable rights to dividends
(13,394)
(11,195)
(8,392)
Numerator for basic and diluted EPS – net income attributable to Alexandria Real
Estate Equities, Inc.’s common stockholders
$309,555
$92,444
$513,268
Denominator for basic EPS – weighted-average shares of common stock
outstanding
172,071
170,909
161,659
Dilutive effect of unvested RSAs with forfeitable rights to dividends
Dilutive effect of forward equity sales agreements
Denominator for diluted EPS – weighted-average shares of common stock
outstanding
172,071
170,909
161,659
Net income per share attributable to Alexandria Real Estate Equities, Inc.’s
common stockholders:
Basic
$1.80
$0.54
$3.18
Diluted
$1.80
$0.54
$3.18