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SLG > SEC Filings for SLG > Form 8-K on 3-Dec-2012All Recent SEC Filings

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Form 8-K for SL GREEN REALTY CORP


3-Dec-2012

Regulation FD Disclosure


Item 7.01. Regulation FD Disclosure

Members of senior management of the Company will make a presentation during the Company's 2012 Annual Investor Conference on Monday, December 3, 2012 (the "Investor Conference"). At the Investor Conference, the Company will provide its earnings guidance for the year ending December 31, 2013 of FFO per share of $4.90 to $5.00, and net income per share of $0.94 to $1.02. Also, the Company will confirm its earnings guidance for the year ending December 31, 2012 of FFO per share of $5.23 to $5.33. A copy of the presentation is available on our corporate website at www.slgreen.com under the "Investors - Calendar & Websites" section.

The following table reconciles estimated earnings per share (diluted) to FFO per share (diluted) for the years ending December 31, 2012 and 2013.

                                           Year Ended                   Year Ended
                                          December 31,                 December 31,
                                       2012           2012          2013           2013
Net income per share attributable
to SL Green stockholders            $      1.53    $     1.62    $      0.94    $     1.02
Add:
Depreciation and amortization              3.60          3.60           3.64          3.64
Unconsolidated joint ventures
depreciation and noncontrolling
interests adjustments                      0.24          0.25           0.24          0.25
Net income attributable to
noncontrolling interests                   0.13          0.13           0.09          0.10
Less:
Gain (loss) on sale of
discontinued operations                    0.07          0.07              -             -
Equity in net gain on sale of
interest in unconsolidated joint
venture / real estate                      0.13          0.13              -             -
Depreciable real estate, net of
recoveries                                 0.06          0.06              -             -
Depreciation and amortization on
non-real estate assets                     0.01          0.01           0.01          0.01
Funds from Operations per share     $      5.23    $     5.33    $      4.90    $     5.00

The information being furnished pursuant to this Item 7.01 shall not be deemed to be "filed" for the purposes of Section 18 of the Exchange Act or otherwise subject to the liabilities of that section, or incorporated by reference in any filing under the Securities Act or the Exchange Act, regardless of any general incorporation language in such filing. This information will not be deemed an admission as to the materiality of such information that is required to be disclosed solely by Regulation FD.


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