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Earnings Per Share of the Company (Tables) | 9 Months Ended
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Sep. 30, 2022
Earnings Per Share [Abstract] |
Schedule of Earnings Per Share, Basic and Diluted | The following table sets forth a reconciliation of the numerators and denominators in computing the Company’s earnings per share (in thousands, except per share amounts):
|  | Three months ended September 30, |  | Nine months ended September 30,
|  | 2022 |  | 2021 |  | 2022 |  | 2021
Numerator: |  |  |  |  |  |  |  |
Net income (loss) attributable to Tanger Factory Outlet Centers, Inc. |  | $ | 23,276 |  |  | $ | (10,579) |  |  | $ | 63,699 |  |  | $ | (3,968) |
Less allocation of earnings to participating securities |  | (232) |  |  | (401) |  |  | (669) |  |  | (804) |
Net income (loss) available to common shareholders of Tanger Factory Outlet Centers, Inc. |  | $ | 23,044 |  |  | $ | (10,980) |  |  | $ | 63,030 |  |  | $ | (4,772) |
Denominator: |  |  |  |  |  |  |  |
Basic weighted average common shares |  | 103,749 |  |  | 103,269 |  |  | 103,655 |  |  | 99,446 |
Effect of notional units |  | 527 |  |  | — |  |  | 473 |  |  | — |
Effect of outstanding options |  | 661 |  |  | — |  |  | 701 |  |  | — |
Diluted weighted average common shares |  | 104,937 |  |  | 103,269 |  |  | 104,829 |  |  | 99,446 |
Basic earnings per common share: |  |  |  |  |  |  |  |
Net income (loss) |  | $ | 0.22 |  |  | $ | (0.11) |  |  | $ | 0.61 |  |  | $ | (0.05) |
Diluted earnings per common share: |  |  |  |  |  |  |  |
Net income (loss) |  | $ | 0.22 |  |  | $ | (0.11) |  |  | $ | 0.60 |  |  | $ | (0.05) |
The following table sets forth a reconciliation of the numerators and denominators in computing earnings per unit (in thousands, except per unit amounts):
|  | Three months ended September 30, |  | Nine months ended September 30,
|  | 2022 |  | 2021 |  | 2022 |  | 2021
Numerator: |  |  |  |  |  |  |  |
Net income (loss) attributable to partners of the Operating Partnership |  | $ | 24,345 |  |  | $ | (11,071) |  |  | $ | 66,626 |  |  | $ | (4,133) |
Less allocation of earnings to participating securities |  | (232) |  |  | (401) |  |  | (669) |  |  | (804) |
Net income (loss) available to common unitholders of the Operating Partnership |  | $ | 24,113 |  |  | $ | (11,472) |  |  | $ | 65,957 |  |  | $ | (4,937) |
Denominator: |  |  |  |  |  |  |  |
Basic weighted average common units |  | 108,511 |  |  | 108,063 |  |  | 108,417 |  |  | 104,241 |
Effect of notional units |  | 527 |  |  | — |  |  | 473 |  |  | — |
Effect of outstanding options |  | 661 |  |  | — |  |  | 701 |  |  | — |
Diluted weighted average common units |  | 109,699 |  |  | 108,063 |  |  | 109,591 |  |  | 104,241 |
Basic earnings per common unit: |  |  |  |  |  |  |  |
Net income (loss) |  | $ | 0.22 |  |  | $ | (0.11) |  |  | $ | 0.61 |  |  | $ | (0.05) |
Diluted earnings per common unit: |  |  |  |  |  |  |  |
Net income (loss) |  | $ | 0.22 |  |  | $ | (0.11) |  |  | $ | 0.60 |  |  | $ | (0.05) |

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
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