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Equity-Based Compensation of the Company (Tables) - Tanger Factory Outlet Centers, Inc. [Member] | 9 Months Ended
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Sep. 30, 2018
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs | We recorded equity-based compensation expense in general and administrative expenses in our consolidated statements of operations as follows (in thousands):
|  | Three months ended |  | Nine months ended
|  | September 30, |  | September 30,
|  | 2018 |  | 2017 |  | 2018 |  | 2017
Restricted common shares |  | $ | 2,275 |  |  | $ | 2,302 |  |  | $ | 7,359 |  |  | $ | 7,039 |
Notional unit performance awards |  | 1,040 |  |  | 939 |  |  | 3,141 |  |  | 2,870 |
Options |  | 92 |  |  | 77 |  |  | 314 |  |  | 205 |
Total equity-based compensation |  | $ | 3,407 |  |  | $ | 3,318 |  |  | $ | 10,814 |  |  | $ | 10,114 |
Equity-based compensation expense capitalized as a part of rental property and deferred lease costs were as follows (in thousands):
|  | Three months ended |  | Nine months ended
|  | September 30, |  | September 30,
|  | 2018 |  | 2017 |  | 2018 |  | 2017
Equity-based compensation expense capitalized |  | $ | 652 |  |  | $ | 267 |  |  | $ | 840 |  |  | $ | 777 |
Schedule of Nonvested Performance-based Units Activity | The following table sets forth 2018 OPP performance targets and other relevant information about the 2018 OPP:
Performance targets (1) |  |
Absolute portion of award: |  |
Percent of total award |  | 33.3%
Absolute total shareholder return range |  | 19.1% - 29.5%
Percentage of units to be earned |  | 20%-100%
Relative portion of award: |  |
Percent of total award |  | 66.7%
Percentile rank of peer group range(2) |  | 30th - 80th
Percentage of units to be earned |  | 20%-100%
Maximum number of restricted common shares that may be earned |  | 409,972 |
Grant date fair value per share |  | $ | 12.42 |
(1) | The number of restricted common shares received under the 2018 OPP will be determined on a pro-rata basis by linear interpolation between total shareholder return thresholds, both for absolute total shareholder return and for relative total shareholder return amongst the Company's peer group.
(2) | The peer group is based on companies included in the FTSE NAREIT Retail Index.
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions | The fair values of the 2018 OPP awards granted during the nine months ended September 30, 2018 were determined at the grant dates using a Monte Carlo simulation pricing model and the following assumptions:
Risk free interest rate (1) |  | 2.40 | %
Expected dividend yield (2) |  | 4.8 | %
Expected volatility (3) |  | 27 | %
(1) | Represents the interest rate as of the grant date on US treasury bonds having the same life as the estimated life of the restricted unit grants.
(2) | The dividend yield is calculated utilizing the dividends paid for the previous five-year period.
(3) | Based on a mix of historical and implied volatility for our common shares and the common shares of our peer index companies over the measurement period.

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- Definition Tabular disclosure of the allocation of equity-based compensation costs to a given line item on the balance sheet and income statement for the period. This may include the reporting line for the costs and the amount capitalized and expensed. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(1) -URI http://asc.fasb.org/extlink&oid=109197908&loc=d3e5070-113901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB Topic 14.F) -URI http://asc.fasb.org/extlink&oid=115993241&loc=d3e301413-122809 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=109197908&loc=d3e5047-113901 + Details
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- Definition Tabular disclosure of the changes in outstanding nonvested performance-based units. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=109197908&loc=d3e5070-113901 + Details
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- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (f)(2) -URI http://asc.fasb.org/extlink&oid=109197908&loc=d3e5070-113901 + Details
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