Equity-Based Compensation of the Operating Partnership (Tables) (Tanger Properties Limited Partnership)
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Dec. 31, 2011
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Tanger Properties Limited Partnership
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Disclosure of Equity-based Compensation Arrangements by Equity-based Payment Award [Table Text Block] |
We recorded equity-based compensation expense in general and administrative expenses in the consolidated statements of operations for the years ended December 31, 2011, 2010 and 2009, respectively, as follows (in thousands):
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Schedule of Equity-based Compensation, Units Authorized under Stock Option Plans, By Exercise Price Range [Table Text Block] |
Options outstanding at December 31, 2011 had the following weighted average exercise prices and weighted average remaining contractual lives:
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Schedule of Equity-based Compensation, Stock Options, Activity [Table Text Block] |
A summary of option activity under our Amended and Restated Incentive Award Plan as of December 31, 2011 and changes during the year then ended is presented below (aggregate intrinsic value amount in thousands):
The total intrinsic value of options exercised during the years ended December 31, 2011, 2010 and 2009 was $652,000, $1.7 million and $1.5 million, respectively.
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Schedule of Equity-based Compensation, Restricted Stock Units Award Activity [Table Text Block] |
The following table summarizes information related to unvested restricted units outstanding as of December 31, 2011:
The total value of restricted units vested during the years ended 2011, 2010 and 2009 was $7.1 million, $4.7 million and $13.5 million, respectively.
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