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Earnings Per Unit of the Operating Partnership (Tanger Properties Limited Partnership [Member]) | 12 Months Ended
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Dec. 31, 2014
Tanger Properties Limited Partnership [Member] |
Earnings Per Unit of the Operating Partnership | Earnings Per Unit of the Operating Partnership The following table sets forth a reconciliation of the numerators and denominators in computing earnings per unit for the years ended December 31, 2014, 2013 and 2012 (in thousands, except per unit amounts). Note that all per unit amounts reflect a four-for-one split of the Operating Partnership's units in August 2013:
|  | 2014 |  | 2013 |  | 2012
Numerator |  |  |  |  |  |
Net income attributable to partners of the Operating Partnership |  | $ | 78,048 |  |  | $ | 113,200 |  |  | $ | 56,495 |
Allocation of earnings to participating securities |  | (1,873 | ) |  | (1,129 | ) |  | (784 | )
Net income available to common unitholders of the Operating Partnership |  | $ | 76,175 |  |  | $ | 112,071 |  |  | $ | 55,711 |
Denominator |  |  |  |  |  |
Basic weighted average common units |  | 98,883 |  |  | 98,193 |  |  | 97,677 |
Effect of notional units |  | — |  |  | 849 |  |  | 846 |
Effect of outstanding options and certain restricted common units |  | 70 |  |  | 87 |  |  | 82 |
Diluted weighted average common units |  | 98,953 |  |  | 99,129 |  |  | 98,605 |
Basic earnings per common unit: |  |  |  |  |  |
Net income |  | $ | 0.77 |  |  | $ | 1.14 |  |  | $ | 0.57 |
Diluted earnings per common unit: |  |  |  |  |  |
Net income |  | $ | 0.77 |  |  | $ | 1.13 |  |  | $ | 0.57 |
The notional units are considered contingently issuable common units and are included in earnings per unit if the effect is dilutive using the treasury stock method. Notional units granted in 2010 were converted into 933,769 restricted common units in January 2014. The restricted common units vested on December 31, 2014 and were considered participating securities through the vesting date. The computation of diluted earnings per unit excludes options to purchase common units when the exercise price is greater than the average market price of the common units for the period. The market price of a common unit is considered to be equivalent to the market price of a Company common share. For the years ended December 31, 2014 and 2012, 259,000 options and 17,600 options were excluded from the computation, respectively. There were no options excluded from the computation for the year end December 31, 2013. Certain of the Company's unvested restricted common share awards contain non-forfeitable rights to distributions or distribution equivalents. The impact of the corresponding unvested restricted unit awards on earnings per unit has been calculated using the two-class method whereby earnings are allocated to the unvested restricted unit awards based on distributions declared and the unvested restricted units' participation rights in undistributed earnings. Unvested restricted common units that do not contain non-forfeitable rights to dividends or dividend equivalents are included in the diluted earnings per unit computation if the effect is dilutive, using the treasury stock method.

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- Definition The complete disclosure pertaining to an entity's earnings per unit. + References No definition available. + Details
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