Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Unit of the Operating Partnership (Tables)

v3.19.1
Earnings Per Unit of the Operating Partnership (Tables)
 3 Months Ended
Mar. 31, 2019
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,
 
 
2019
 
2018
Numerator:
 
 

 
 

Net income attributable to partners of the Operating Partnership
 
$
65,646

 
$
24,055

Less allocation of earnings to participating securities
 
(611
)
 
(263
)
Net income available to common unitholders of the Operating Partnership
 
$
65,035

 
$
23,792

Denominator:
 
 
 
 
Basic weighted average common units
 
98,264

 
98,640

Diluted weighted average common units
 
98,264

 
98,640

Basic earnings per common unit:
 
 
 
 
Net income
 
$
0.66

 
$
0.24

Diluted earnings per common unit:
 
 
 
 
Net income
 
$
0.66

 
$
0.24