Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Unit of the Operating Partnership (Details)

v3.23.1
Earnings Per Unit of the Operating Partnership (Details) - USD ($)
$ / shares in Units, $ in Thousands
 3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Numerator:    
Net income attributable to partners of the Operating Partnership $ 23,541 $ 20,518
Less allocation of earnings to participating securities (199) (215)
Net income (loss) available to common shareholders/unitholders $ 23,342 $ 20,303
Denominator:    
Basic weighted average common shares (in shares) 104,088,000 103,520,000
Effect of notional units (in shares) 693,000 802,000
Effect of outstanding options (in shares) 741,000 736,000
Diluted weighted average common shares (in shares) 105,522,000 105,058,000
Basic earnings per common share/unit:    
Net income (loss) (in dollars per share) $ 0.22 $ 0.20
Diluted earnings per common unit:    
Net income (loss) (in dollars per share) $ 0.22 $ 0.19
Effect of notional units (in shares) 0 139,000
Anti-dilutive options excluded (in shares) 503,300 297,000
Tanger Properties Limited Partnership    
Numerator:    
Net income attributable to partners of the Operating Partnership $ 24,612 $ 21,462
Less allocation of earnings to participating securities (199) (215)
Net income (loss) available to common shareholders/unitholders $ 24,413 $ 21,247
Denominator:    
Basic weighted average common shares (in shares) 108,826,000 108,282,000
Effect of notional units (in shares) 693,000 802,000
Effect of outstanding options (in shares) 741,000 736,000
Diluted weighted average common shares (in shares) 110,260,000 109,820,000
Basic earnings per common share/unit:    
Net income (loss) (in dollars per share) $ 0.22 $ 0.20
Diluted earnings per common unit:    
Net income (loss) (in dollars per share) $ 0.22 $ 0.19
Effect of notional units (in shares) 0 139,000
Anti-dilutive options excluded (in shares) 503,300 297,000