Annual report pursuant to Section 13 and 15(d)

Earnings Per Unit of the Operating Partnership (Tables)

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Earnings Per Unit of the Operating Partnership (Tables)
12 Months Ended
Dec. 31, 2021
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 for the years ended December 31, 2021, 2020 and 2019 (in thousands, except per unit amounts):
2021 2020 2019
Numerator
Net income (loss) attributable to partners of the Operating Partnership $ 9,558  $ (38,203) $ 92,533 
Allocation of earnings to participating securities (804) (692) (1,336)
Net income (loss) available to common unitholders of the Operating Partnership $ 8,754  $ (38,895) $ 91,197 
Denominator
Basic weighted average common units 105,208  97,521  97,766 
Effect of notional units 809  —  — 
Effect of outstanding options 752  —  — 
Diluted weighted average common units 106,769  97,521  97,766 
Basic earnings per common unit:
Net income (loss) $ 0.08  $ (0.40) $ 0.93 
Diluted earnings per common unit:
Net income (loss) $ 0.08  $ (0.40) $ 0.93