Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Unit of the Operating Partnership (Details)

v3.24.1.u1
Earnings Per Unit of the Operating Partnership (Details) - USD ($)
$ / shares in Units, $ in Thousands
 3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Numerator:    
Net income attributable to partners of the Operating Partnership $ 22,413 $ 23,541
Less allocation of earnings to participating securities (231) (199)
Net income (loss) available to common shareholders/unitholders $ 22,182 $ 23,342
Denominator:    
Basic weighted average common shares (in shares) 108,369,000 104,088,000
Effect of notional units (in shares) 731,000 693,000
Effect of outstanding options (in shares) 923,000 741,000
Diluted weighted average common shares (in shares) 110,023,000 105,522,000
Basic earnings per common share/unit:    
Net income (loss) (in dollars per share) $ 0.20 $ 0.22
Diluted earnings per common unit:    
Net income (loss) (in dollars per share) $ 0.20 $ 0.22
Tanger Properties Limited Partnership    
Numerator:    
Net income attributable to partners of the Operating Partnership $ 23,386 $ 24,612
Less allocation of earnings to participating securities (231) (199)
Net income (loss) available to common shareholders/unitholders $ 23,155 $ 24,413
Denominator:    
Basic weighted average common shares (in shares) 113,077,000 108,826,000
Effect of notional units (in shares) 731,000 693,000
Effect of outstanding options (in shares) 923,000 741,000
Diluted weighted average common shares (in shares) 114,731,000 110,260,000
Basic earnings per common share/unit:    
Net income (loss) (in dollars per share) $ 0.20 $ 0.22
Diluted earnings per common unit:    
Net income (loss) (in dollars per share) $ 0.20 $ 0.22
Notional Units    
Diluted earnings per common unit:    
Anti-dilutive options excluded (in shares) 122,375 0
Notional Units | Tanger Properties Limited Partnership    
Diluted earnings per common unit:    
Anti-dilutive options excluded (in shares) 122,375 0
Options    
Diluted earnings per common unit:    
Anti-dilutive options excluded (in shares) 0  
Options | Tanger Properties Limited Partnership    
Diluted earnings per common unit:    
Anti-dilutive options excluded (in shares) 0 503,300