Annual report pursuant to Section 13 and 15(d)

Earnings Per Unit of the Operating Partnership (Tables)

v3.20.4
Earnings Per Unit of the Operating Partnership (Tables)
 12 Months Ended
Dec. 31, 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 for the years ended December 31, 2020, 2019 and 2018 (in thousands, except per unit amounts):
2020 2019 2018
Numerator
Net income (loss) attributable to partners of the Operating Partnership $ (38,203) $ 92,533  $ 45,984 
Allocation of earnings to participating securities (692) (1,336) (1,211)
Net income (loss) available to common unitholders of the Operating Partnership $ (38,895) $ 91,197  $ 44,773 
Denominator
Basic weighted average common units 97,521  97,766  98,302 
Effect of outstanding options and certain restricted common units —  —  1 
Diluted weighted average common units 97,521  97,766  98,303 
Basic earnings per common unit:
Net income (loss) $ (0.40) $ 0.93  $ 0.45 
Diluted earnings per common unit:
Net income (loss) $ (0.40) $ 0.93  $ 0.45