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Quarterly Financial Data of the Company Unaudited) | 12 Months Ended
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Dec. 31, 2014
Quarterly Financial Information Disclosure [Abstract] |
Quarterly Financial Data of the Company (Unaudited) | Quarterly Financial Data of the Company (Unaudited) The following table sets forth the Company's summarized quarterly financial information for the years ended December 31, 2014 and 2013 (unaudited and in thousands, except per common share data)(1). This information is not required for the Operating Partnership. Amounts presented for "total revenues" and "operating income" for all quarters presented, except the fourth quarter of 2014 which had not been previously disclosed, have been modified from original amounts disclosed in our Form 10-Qs due to reclassifications of certain amounts related to interest income and other income (expense) in the consolidated statement of operations from the caption "other income" to the caption "interest and other income" which is not included in total revenues or operating income:
|  | Year Ended December 31, 2014
|  | First Quarter |  | Second Quarter |  | Third Quarter |  | Fourth Quarter(2)
Total revenues |  | $ | 102,783 |  |  | $ | 102,212 |  |  | $ | 105,189 |  |  | $ | 108,374 |
Operating income |  | 28,368 |  |  | 32,625 |  |  | 35,283 |  |  | 35,587 |
Net income |  | 15,440 |  |  | 19,895 |  |  | 24,297 |  |  | 18,520 |
Income attributable to Tanger Factory Outlet Centers, Inc. |  | 14,616 |  |  | 18,850 |  |  | 23,003 |  |  | 17,542 |
Income available to common shareholders of Tanger Factory Outlet Centers, Inc. |  | 14,187 |  |  | 18,369 |  |  | 22,522 |  |  | 17,061 |
Basic earnings per share available to common shareholders: |  |  |  |  |  |  |  |
Net income |  | $ | 0.15 |  |  | $ | 0.20 |  |  | $ | 0.24 |  |  | $ | 0.18 |
Diluted earnings per share available to common shareholders: |  |  |  |  |  |  |  |
Net income |  | $ | 0.15 |  |  | $ | 0.20 |  |  | $ | 0.24 |  |  | $ | 0.18 |
(1) | Quarterly amounts may not add to annual amounts due to the effect of rounding on a quarterly basis.
(2) | For the fourth quarter, net income includes a $7.5 million gain on the sale of our Lincoln City outlet center and a $13.1 million loss on early extinguishment of debt related to the early redemption of senior notes due November 2015.
|  | Year Ended December 31, 2013
|  | First Quarter |  | Second Quarter |  | Third Quarter (2) |  | Fourth Quarter
Total revenues |  | $ | 88,688 |  |  | $ | 91,002 |  |  | $ | 97,804 |  |  | $ | 107,325 |
Operating income |  | 28,515 |  |  | 29,843 |  |  | 33,431 |  |  | 35,916 |
Net income |  | 16,229 |  |  | 17,776 |  |  | 56,180 |  |  | 23,136 |
Income attributable to Tanger Factory Outlet Centers, Inc. |  | 15,439 |  |  | 16,888 |  |  | 53,294 |  |  | 21,936 |
Income available to common shareholders of Tanger Factory Outlet Centers, Inc. |  | 15,245 |  |  | 16,657 |  |  | 52,685 |  |  | 21,706 |
Basic earnings per share available to common shareholders: |  |  |  |  |  |  |  |
Net income |  | $ | 0.16 |  |  | $ | 0.18 |  |  | $ | 0.56 |  |  | $ | 0.23 |
Diluted earnings per share available to common shareholders: |  |  |  |  |  |  |  |
Net income |  | $ | 0.16 |  |  | $ | 0.18 |  |  | $ | 0.56 |  |  | $ | 0.23 |
(1) | Quarterly amounts may not add to annual amounts due to the effect of rounding on a quarterly basis.
(2) | For the third quarter, net income includes a $26.0 million gain on our previously held interest in Deer Park upon the acquisition of an additional one-third interest in August 2013, and the consolidation of Deer Park into our financial statements.

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- Definition The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=6372559&loc=d3e765-108305 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=6372559&loc=d3e725-108305 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a)-(j) -URI http://asc.fasb.org/extlink&oid=35737889&loc=d3e1280-108306 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 6 -Section G -Subsection 1 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 302 -Paragraph a + Details
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