Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Unit of the Operating Partnership (Tables)

v3.19.3
Earnings Per Unit of the Operating Partnership (Tables)
 9 Months Ended
Sep. 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 September 30,
 
Nine months ended September 30,
 
 
2019
 
2018
 
2019
 
2018
Numerator:
 
 

 
 
 
 

 
 

Net income (loss) attributable to partners of the Operating Partnership
 
$
24,809

 
$
(23,031
)
 
$
104,912

 
$
25,222

Less allocation of earnings to participating securities
 
(305
)
 
(313
)
 
(1,030
)
 
(889
)
Net income available to common unitholders of the Operating Partnership
 
$
24,504

 
$
(23,344
)
 
$
103,882

 
$
24,333

Denominator:
 
 
 
 
 
 
 
 
Basic weighted average common units
 
97,474

 
98,104

 
97,959

 
98,344

Diluted weighted average common units
 
97,474

 
98,104

 
97,959

 
98,344

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

 
$
(0.24
)
 
$
1.06

 
$
0.25

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

 
$
(0.24
)
 
$
1.06

 
$
0.25