Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Unit of the Operating Partnership (Tables)

v3.20.2
Earnings Per Unit of the Operating Partnership (Tables)
 6 Months Ended
Jun. 30, 2020
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,
 
 
2020
 
2019
 
2020
 
2019
Numerator:
 
 

 
 
 
 

 
 

Net income (loss) attributable to partners of the Operating Partnership
 
$
(23,890
)
 
$
14,457

 
$
(52,199
)
 
$
80,103

Less allocation of earnings to participating securities
 
(176
)
 
(114
)
 
(692
)
 
(725
)
Net income (loss) available to common unitholders of the Operating Partnership
 
$
(24,066
)
 
$
14,343

 
$
(52,891
)
 
$
79,378

Denominator:
 
 
 
 
 
 
 
 
Basic weighted average common units
 
97,543

 
98,147

 
97,480

 
98,205

Diluted weighted average common units
 
97,543

 
98,147

 
97,480

 
98,205

Basic earnings per common unit:
 
 
 
 
 
 
 
 
Net income (loss)
 
$
(0.25
)
 
$
0.15

 
$
(0.54
)
 
$
0.81

Diluted earnings per common unit:
 
 
 
 
 
 
 
 
Net income (loss)
 
$
(0.25
)
 
$
0.15

 
$
(0.54
)
 
$
0.81