Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Unit of the Operating Partnership (Tables)

v3.7.0.1
Earnings Per Unit of the Operating Partnership (Tables)
3 Months Ended
Mar. 31, 2017
Tanger Properties Limited Partnership [Member]  
Schedule of Earnings Per Share, Basic and Diluted
The following table sets forth a reconciliation of the numerators and denominators in computing earnings per unit (in thousands, except per unit amounts):
 
 
Three months ended March 31,
 
 
2017
 
2016
Numerator:
 
 

 
 
Net income attributable to partners of the Operating Partnership
 
$
23,514

 
$
28,594

Less allocation of earnings to participating securities
 
(295
)
 
(294
)
Net income available to common unitholders of the Operating Partnership
 
$
23,219

 
$
28,300

Denominator:
 
 
 
 
Basic weighted average common units
 
100,273

 
99,997

Effect of outstanding options and certain restricted common units
 
66

 
59

Diluted weighted average common units
 
100,339

 
100,056

Basic earnings per common unit:
 
 
 
 
Net income
 
$
0.23

 
$
0.28

Diluted earnings per common unit:
 
 
 
 
Net income
 
$
0.23

 
$
0.28