Quarterly report pursuant to Section 13 or 15(d)

TANGER PROPERTIES LIMITED PARTNERSHIP AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF OPERATIONS

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TANGER PROPERTIES LIMITED PARTNERSHIP AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Revenues:    
Rental revenues $ 103,582 $ 104,609
Management, leasing and other services 1,914 1,527
Other revenues 3,447 2,732
Total revenues 108,943 108,868
Expenses:    
Property operating 33,148 36,758
General and administrative 17,434 15,467
Depreciation and amortization 25,893 26,243
Total expenses 76,475 78,468
Other income (expense):    
Interest expense (12,343) (11,634)
Other income (expense) 2,800 183
Total other income (expense) (9,543) (11,451)
Income before equity in earnings of unconsolidated joint ventures 22,925 18,949
Equity in earnings of unconsolidated joint ventures 1,935 2,513
Net income 24,860 21,462
Net income attributable to Tanger Factory Outlet Centers, Inc. $ 23,541 $ 20,518
Basic earnings per common share/unit    
Net income (loss) (in dollars per share) $ 0.22 $ 0.20
Diluted earnings per common share/unit    
Net income (loss) (in dollars per share) $ 0.22 $ 0.19
Tanger Properties Limited Partnership    
Revenues:    
Rental revenues $ 103,582 $ 104,609
Management, leasing and other services 1,914 1,527
Other revenues 3,447 2,732
Total revenues 108,943 108,868
Expenses:    
Property operating 33,148 36,758
General and administrative 17,434 15,467
Depreciation and amortization 25,893 26,243
Total expenses 76,475 78,468
Other income (expense):    
Interest expense (12,343) (11,634)
Other income (expense) 2,800 183
Total other income (expense) (9,543) (11,451)
Income before equity in earnings of unconsolidated joint ventures 22,925 18,949
Equity in earnings of unconsolidated joint ventures 1,935 2,513
Net income 24,860 21,462
Noncontrolling interests in consolidated partnerships (248) 0
Net income attributable to Tanger Factory Outlet Centers, Inc. 24,612 21,462
Net income available to limited partners 24,366 17,150
Net income (loss) available to general partner $ 246 $ 4,312
Basic earnings per common share/unit    
Net income (loss) (in dollars per share) $ 0.22 $ 0.20
Diluted earnings per common share/unit    
Net income (loss) (in dollars per share) $ 0.22 $ 0.19