Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENTS OF OPERATIONS

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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Revenues:    
Rental revenues $ 119,954  
Management, leasing and other services 1,342 $ 1,199
Tanger Factory Outlet Centers, Inc. [Member]    
Revenues:    
Rental revenues 119,954 120,656
Management, leasing and other services 1,342 1,199
Other revenues 1,859 1,680
Total revenues 123,155 123,535
Expenses:    
Property operating 42,377 42,218
General and administrative 12,145 11,112
Depreciation and amortization 31,760 33,123
Total expenses 86,282 86,453
Other income (expense):    
Interest expense (16,307) (15,800)
Gain on sale of assets 43,422 0
Other income 224 209
Total other income (expense) 27,339 (15,591)
Income before equity in earnings of unconsolidated joint ventures 64,212 21,491
Equity in earnings of unconsolidated joint ventures 1,629 2,194
Net income 65,841 23,685
Noncontrolling interests in Operating Partnership (3,315) (1,217)
Noncontrolling interests in other consolidated partnerships (195) 370
Net income attributable to Tanger Factory Outlet Centers, Inc. $ 62,331 $ 22,838
Basic earnings per common share/unit    
Net income (loss) (in dollars per share) $ 0.66 $ 0.24
Diluted earnings per common share/unit    
Net income (loss) (in dollars per share) $ 0.66 $ 0.24
Tanger Properties Limited Partnership [Member]    
Revenues:    
Rental revenues $ 119,954 $ 120,656
Management, leasing and other services 1,342 1,199
Other revenues 1,859 1,680
Total revenues 123,155 123,535
Expenses:    
Property operating 42,377 42,218
General and administrative 12,145 11,112
Depreciation and amortization 31,760 33,123
Total expenses 86,282 86,453
Other income (expense):    
Interest expense (16,307) (15,800)
Gain on sale of assets 43,422 0
Other income 224 209
Total other income (expense) 27,339 (15,591)
Income before equity in earnings of unconsolidated joint ventures 64,212 21,491
Equity in earnings of unconsolidated joint ventures 1,629 2,194
Net income 65,841 23,685
Noncontrolling interests in consolidated partnerships (195) 370
Net income attributable to Tanger Factory Outlet Centers, Inc. 65,646 24,055
Net income available to limited partners 64,983 23,814
Net income available to general partner $ 663 $ 241
Basic earnings per common share/unit    
Net income (loss) (in dollars per share) $ 0.66 $ 0.24
Diluted earnings per common share/unit    
Net income (loss) (in dollars per share) $ 0.66 $ 0.24