Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Unit of the Operating Partnership (Details)

v3.22.1
Earnings Per Unit of the Operating Partnership (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Numerator:    
Net income attributable to partners of the Operating Partnership $ 20,518 $ 4,133
Less allocation of earnings to participating securities (215) (207)
Net income (loss) available to common shareholders/unitholders $ 20,303 $ 3,926
Denominator:    
Basic weighted average common shares (in shares) 103,520 94,812
Effect of notional units (in units) 802 288
Effect of outstanding options (in shares) 736 717
Diluted weighted average common shares (in shares) 105,058 95,817
Basic earnings per common share/unit:    
Net income (in dollars per share) $ 0.20 $ 0.04
Diluted earnings per common unit:    
Net income (in dollars per share) $ 0.19 $ 0.04
Effect of notional units (in shares) 139 1,100
Anti-dilutive options excluded (in shares) 297 403
Tanger Properties Limited Partnership    
Numerator:    
Net income attributable to partners of the Operating Partnership $ 21,462 $ 4,342
Less allocation of earnings to participating securities (215) (207)
Net income (loss) available to common shareholders/unitholders $ 21,247 $ 4,135
Denominator:    
Basic weighted average common shares (in shares) 108,282 99,606
Effect of notional units (in units) 802 288
Effect of outstanding options (in shares) 736 717
Diluted weighted average common shares (in shares) 109,820 100,611
Basic earnings per common share/unit:    
Net income (in dollars per share) $ 0.20 $ 0.04
Diluted earnings per common unit:    
Net income (in dollars per share) $ 0.19 $ 0.04
Effect of notional units (in shares) 139 1,100
Anti-dilutive options excluded (in shares) 297 403