Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Unit of the Operating Partnership (Tables)

v2.4.0.8
Earnings Per Unit of the Operating Partnership (Tables) (Tanger Properties Limited Partnership [Member])
 3 Months Ended
Mar. 31, 2014
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,
 
 
2014
 
2013
Numerator
 
 

 
 
Net income attributable to partners of the Operating Partnership
 
$
15,419

 
$
16,228

Less allocation of earnings to participating securities
 
(429
)
 
(194
)
Net income available to common unitholders of the Operating Partnership
 
$
14,990

 
$
16,034

Denominator
 
 
 
 
Basic weighted average common units
 
98,720

 
97,887

Effect of notional units
 
—

 
805

Effect of outstanding options and restricted common units
 
69

 
106

Diluted weighted average common units
 
98,789

 
98,798

Basic earnings per common unit:
 
 
 
 
Net income
 
$
0.15

 
$
0.16

Diluted earnings per common unit:
 
 
 
 
Net income
 
$
0.15

 
$
0.16