Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Unit of the Operating Partnership (Details)

v3.22.2.2
Earnings Per Unit of the Operating Partnership (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Numerator:        
Net income (loss) attributable to partners of the Operating Partnership $ 23,276 $ (10,579) $ 63,699 $ (3,968)
Less allocation of earnings to participating securities (232) (401) (669) (804)
Net income (loss) available to common shareholders/unitholders $ 23,044 $ (10,980) $ 63,030 $ (4,772)
Denominator:        
Basic weighted average common shares (in shares) 103,749 103,269 103,655 99,446
Effect of notional units (in shares) 527 0 473 0
Effect of outstanding options (in shares) 661 0 701 0
Diluted weighted average common shares (in shares) 104,937 103,269 104,829 99,446
Basic earnings per common share/unit:        
Net income (loss) (in dollars per share) $ 0.22 $ (0.11) $ 0.61 $ (0.05)
Diluted earnings per common unit:        
Net income (loss) (in dollars per share) $ 0.22 $ (0.11) $ 0.60 $ (0.05)
Effect of notional units (in shares) 601 1,800 601 1,800
Anti-dilutive options excluded (in shares) 274 1,600 274 1,600
Tanger Properties Limited Partnership        
Numerator:        
Net income (loss) attributable to partners of the Operating Partnership $ 24,345 $ (11,071) $ 66,626 $ (4,133)
Less allocation of earnings to participating securities (232) (401) (669) (804)
Net income (loss) available to common shareholders/unitholders $ 24,113 $ (11,472) $ 65,957 $ (4,937)
Denominator:        
Basic weighted average common shares (in shares) 108,511 108,063 108,417 104,241
Effect of notional units (in shares) 527 0 473 0
Effect of outstanding options (in shares) 661 0 701 0
Diluted weighted average common shares (in shares) 109,699 108,063 109,591 104,241
Basic earnings per common share/unit:        
Net income (loss) (in dollars per share) $ 0.22 $ (0.11) $ 0.61 $ (0.05)
Diluted earnings per common unit:        
Net income (loss) (in dollars per share) $ 0.22 $ (0.11) $ 0.60 $ (0.05)
Effect of notional units (in shares) 601 1,800 601 1,800
Anti-dilutive options excluded (in shares) 274 1,600 274 1,600