v3.22.1
TANGER FACTORY OUTLET CENTERS, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenues:    
Rental revenues $ 104,609 $ 97,467
Management, leasing and other services 1,527 1,372
Other revenues 2,732 1,855
Total revenues 108,868 100,694
Expenses:    
Property operating 36,758 35,311
General and administrative 15,467 16,793
Depreciation and amortization 26,243 28,150
Total expenses 78,468 80,254
Other income (expense):    
Interest expense (11,634) (14,362)
Other income (expense) 183 (3,505)
Total other income (expense) (11,451) (17,867)
Income before equity in earnings of unconsolidated joint ventures 18,949 2,573
Equity in earnings of unconsolidated joint ventures 2,513 1,769
Net income 21,462 4,342
Noncontrolling interests in Operating Partnership (944) (209)
Noncontrolling interests in other consolidated partnerships 0 0
Net income attributable to Tanger Factory Outlet Centers, Inc. $ 20,518 $ 4,133
Basic earnings per common share/unit    
Net income (in dollars per share) $ 0.20 $ 0.04
Diluted earnings per common share/unit    
Net income (in dollars per share) $ 0.19 $ 0.04

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