Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Unit of the Operating Partnership (Tables)

v3.19.2
Earnings Per Unit of the Operating Partnership (Tables)
 6 Months Ended
Jun. 30, 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 June 30,
 
Six months ended June 30,
 
 
2019
 
2018
 
2019
 
2018
Numerator:
 
 

 
 
 
 

 
 

Net income attributable to partners of the Operating Partnership
 
$
14,457

 
$
24,198

 
$
80,103

 
$
48,253

Less allocation of earnings to participating securities
 
(114
)
 
(313
)
 
(725
)
 
(576
)
Net income available to common unitholders of the Operating Partnership
 
$
14,343

 
$
23,885

 
$
79,378

 
$
47,677

Denominator:
 
 
 
 
 
 
 
 
Basic weighted average common units
 
98,147

 
98,294

 
98,205

 
98,466

Diluted weighted average common units
 
98,147

 
98,294

 
98,205

 
98,466

Basic earnings per common unit:
 
 
 
 
 
 
 
 
Net income
 
$
0.15

 
$
0.24

 
$
0.81

 
$
0.48

Diluted earnings per common unit:
 
 
 
 
 
 
 
 
Net income
 
$
0.15

 
$
0.24

 
$
0.81

 
$
0.48