Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)

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CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) (USD $)
In Thousands, except Per Share data, unless otherwise specified
 3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Tanger Factory Outlet Centers, Inc [Member]
    
Revenues    
Base rentals $ 66,976 $ 59,244
Percentage rentals 2,083 2,017
Expense reimbursements 31,542 25,306
Other income 2,241 2,122
Total revenues 102,842 88,689
Expenses    
Property operating 36,027 28,135
General and administrative 10,722 9,572
Acquisition costs 7 179
Abandoned pre-development costs 1,596 0
Depreciation and amortization 26,063 22,288
Total expenses 74,415 60,174
Operating income 28,427 28,515
Interest expense (14,920) (12,876)
Income before equity in earnings of unconsolidated joint ventures 13,507 15,639
Equity in earnings of unconsolidated joint ventures 1,933 590
Net income 15,440 16,229
Noncontrolling interests in Operating Partnership (803) (789)
Noncontrolling interests in other consolidated partnerships (21) (1)
Net income attributable to Tanger Factory Outlet Centers, Inc. 14,616 15,439
Basic earnings per common share    
Net income (in dollars per share) $ 0.15 $ 0.16
Diluted earnings per common share    
Net income (in dollars per share) $ 0.15 $ 0.16
Dividends paid per common share (in dollars per share) $ 0.225 $ 0.21
Tanger Properties Limited Partnership [Member]
    
Revenues    
Base rentals 66,976 59,244
Percentage rentals 2,083 2,017
Expense reimbursements 31,542 25,306
Other income 2,241 2,122
Total revenues 102,842 88,689
Expenses    
Property operating 36,027 28,135
General and administrative 10,722 9,572
Acquisition costs 7 179
Abandoned pre-development costs 1,596 0
Depreciation and amortization 26,063 22,288
Total expenses 74,415 60,174
Operating income 28,427 28,515
Interest expense (14,920) (12,876)
Income before equity in earnings of unconsolidated joint ventures 13,507 15,639
Equity in earnings of unconsolidated joint ventures 1,933 590
Net income 15,440 16,229
Noncontrolling interests in consolidated partnerships (21) (1)
Net income attributable to Tanger Factory Outlet Centers, Inc. 15,419 16,228
Net income available to limited partners (15,263) (16,062)
Net income available to general partner $ 156 $ 166
Basic earnings per common unit:    
Net income (in dollars per share) $ 0.15 $ 0.16
Diluted earnings per common unit:    
Net income (in dollars per share) $ 0.15 $ 0.16
Distribution paid per common unit (in dollars per share) $ 0.225 $ 0.21