Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Unit of the Operating Partnership (Tables)

v3.10.0.1
Earnings Per Unit of the Operating Partnership (Tables)
9 Months Ended
Sep. 30, 2018
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 September 30,
 
Nine months ended September 30,
 
 
2018
 
2017
 
2018
 
2017
Numerator:
 
 

 
 
 
 

 
 

Net income (loss) attributable to partners of the Operating Partnership
 
$
(23,031
)
 
$
(16,034
)
 
$
25,222

 
$
38,427

Less allocation of earnings to participating securities
 
(313
)
 
(306
)
 
(889
)
 
(907
)
Net income (loss) available to common unitholders of the Operating Partnership
 
$
(23,344
)
 
$
(16,340
)
 
$
24,333

 
$
37,520

Denominator:
 
 
 
 
 
 
 
 
Basic weighted average common units
 
98,104

 
98,951

 
98,344

 
99,809

Effect of outstanding options and certain restricted common units
 

 

 

 
23

Diluted weighted average common units
 
98,104

 
98,951

 
98,344

 
99,832

Basic earnings per common unit:
 
 
 
 
 
 
 
 
Net income (loss)
 
$
(0.24
)
 
$
(0.17
)
 
$
0.25

 
$
0.38

Diluted earnings per common unit:
 
 
 
 
 
 
 
 
Net income (loss)
 
$
(0.24
)
 
$
(0.17
)
 
$
0.25

 
$
0.38