Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Unit of the Operating Partnership (Tables)

v3.21.1
Earnings Per Unit of the Operating Partnership (Tables)
 3 Months Ended
Mar. 31, 2021
Tanger Properties Limited Partnership [Member]  
Schedule of Earnings Per Share, Basic and Diluted
The following table sets forth a reconciliation of the numerators and denominators in computing earnings per unit (in thousands, except per unit amounts):
Three months ended March 31,
  2021 2020
Numerator:    
Net income (loss) attributable to partners of the Operating Partnership $ 4,342  $ (28,309)
Less allocation of earnings to participating securities (207) (516)
Net income (loss) available to common unitholders of the Operating Partnership $ 4,135  $ (28,825)
Denominator:
Basic weighted average common units 99,606  97,411 
Effect of notional units 288  — 
Effect of outstanding options 717  — 
Diluted weighted average common units 100,611  97,411 
Basic earnings per common unit:
Net income (loss) $ 0.04  $ (0.30)
Diluted earnings per common unit:
Net income (loss) $ 0.04  $ (0.30)