Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)

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CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) (USD $)
 3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Expenses    
Net income attributable to Tanger Factory Outlet Centers, Inc. $ 8,128,000 $ 9,398,000
Tanger Factory Outlet Centers, Inc
    
Revenues    
Base rentals 57,219,000 46,219,000
Percentage rentals 1,744,000 1,391,000
Expense reimbursements 23,476,000 21,205,000
Other income 1,804,000 1,924,000
Total revenues 84,243,000 70,739,000
Expenses    
Property operating 26,088,000 24,108,000
General and administrative 10,020,000 6,767,000
Acquisition costs 0 567,000
Abandoned development costs 0 158,000
Depreciation and amortization 25,515,000 17,965,000
Total expenses 61,623,000 49,565,000
Operating income 22,620,000 21,174,000
Interest expense 12,334,000 10,325,000
Income before equity in earnings (losses) of unconsolidated joint ventures and discontinued operations 10,286,000 10,849,000
Equity in earnings (losses) of unconsolidated joint ventures (1,452,000) (32,000)
Net income 8,834,000 10,817,000
Noncontrolling interest (713,000) (1,419,000)
Net (Income) loss attributable to other noncontrolling interests 7,000 0
Net income attributable to Tanger Factory Outlet Centers, Inc. 8,128,000 9,398,000
Basic earnings per common share:    
Net income $ 0.09 $ 0.11
Diluted earnings per common share:    
Net income $ 0.09 $ 0.11
Dividends paid per common share $ 0.2000 $ 0.19375
Tanger Properties Limited Partnership
    
Revenues    
Base rentals 57,219,000 46,219,000
Percentage rentals 1,744,000 1,391,000
Expense reimbursements 23,476,000 21,205,000
Other income 1,804,000 1,924,000
Total revenues 84,243,000 70,739,000
Expenses    
Property operating 26,088,000 24,108,000
General and administrative 10,020,000 6,767,000
Acquisition costs 0 567,000
Abandoned development costs 0 158,000
Depreciation and amortization 25,515,000 17,965,000
Total expenses 61,623,000 49,565,000
Operating income 22,620,000 21,174,000
Interest expense (12,334,000) (10,325,000)
Income before equity in earnings (losses) of unconsolidated joint ventures and discontinued operations 10,286,000 10,849,000
Equity in earnings (losses) of unconsolidated joint ventures (1,452,000) (32,000)
Net income 8,834,000 10,817,000
Net Income (Loss) Attributable to Noncontrolling Interest, Limited Partnerships 7,000 0
Net Income Availalbe to Partners 8,841,000 10,817,000
Net income available to limited partners 8,750,000 10,706,000
Net income available to general partner $ 91,000 $ 111,000
Basic earnings per common unit:    
Net income $ 0.36 $ 0.46
Diluted earnings per common unit:    
Net income $ 0.35 $ 0.46
Distribution paid per common unit $ 0.8000 $ 0.7750