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, 2024
Mar. 31, 2023
Revenues:    
Rental revenues $ 117,809 $ 103,582
Management, leasing and other services 2,278 1,914
Other revenues 3,284 3,447
Total revenues 123,371 108,943
Expenses:    
Property operating 35,465 33,148
General and administrative 19,490 17,434
Depreciation and amortization 33,860 25,893
Total expenses 88,815 76,475
Other income (expense):    
Interest expense (14,353) (12,343)
Other income (expense) 587 2,800
Total other income (expense) (13,766) (9,543)
Income before equity in earnings of unconsolidated joint ventures 20,790 22,925
Equity in earnings of unconsolidated joint ventures 2,516 1,935
Net income 23,306 24,860
Noncontrolling interests in Operating Partnership (973) (1,071)
Net income attributable to Tanger Inc. $ 22,413 $ 23,541
Basic earnings per common share/unit    
Net income (loss) (in dollars per share) $ 0.20 $ 0.22
Diluted earnings per common share/unit    
Net income (loss) (in dollars per share) $ 0.20 $ 0.22
Tanger Properties Limited Partnership    
Revenues:    
Rental revenues $ 117,809 $ 103,582
Management, leasing and other services 2,278 1,914
Other revenues 3,284 3,447
Total revenues 123,371 108,943
Expenses:    
Property operating 35,465 33,148
General and administrative 19,490 17,434
Depreciation and amortization 33,860 25,893
Total expenses 88,815 76,475
Other income (expense):    
Interest expense (14,353) (12,343)
Other income (expense) 587 2,800
Total other income (expense) (13,766) (9,543)
Income before equity in earnings of unconsolidated joint ventures 20,790 22,925
Equity in earnings of unconsolidated joint ventures 2,516 1,935
Net income 23,306 24,860
Noncontrolling interests in Operating Partnership 80 (248)
Net income attributable to Tanger Inc. 23,386 24,612
Net income available to limited partners 23,150 24,366
Net income available to general partner $ 236 $ 246
Basic earnings per common share/unit    
Net income (loss) (in dollars per share) $ 0.20 $ 0.22
Diluted earnings per common share/unit    
Net income (loss) (in dollars per share) $ 0.20 $ 0.22