Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Unit of the Operating Partnership (Tables)

v3.4.0.3
Earnings Per Unit of the Operating Partnership (Tables)
 3 Months Ended
Mar. 31, 2016
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,
 
 
2016
 
2015
Numerator
 
 

 
 
Net income attributable to partners of the Operating Partnership
 
$
28,594

 
$
36,367

Less allocation of earnings to participating securities
 
(294
)
 
(408
)
Net income available to common unitholders of the Operating Partnership
 
$
28,300

 
$
35,959

Denominator
 
 
 
 
Basic weighted average common units
 
99,997

 
99,614

Effect of notional units
 
—

 
82

Effect of outstanding options and certain restricted common units
 
59

 
79

Diluted weighted average common units
 
100,056

 
99,775

Basic earnings per common unit:
 
 
 
 
Net income
 
$
0.28

 
$
0.36

Diluted earnings per common unit:
 
 
 
 
Net income
 
$
0.28

 
$
0.36