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Partners' Equity of the Operating Partnership | 6 Months Ended
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Jun. 30, 2022
Partners' Equity of the Operating Partnership [Abstract] |
Partners' Equity of the Operating Partnership | Partners’ Equity of the Operating Partnership All units of partnership interest issued by the Operating Partnership have equal rights with respect to earnings, dividends and net assets. When the Company issues common shares upon the exercise of options, the grant of restricted common share awards, or the exchange of Class A common limited partnership units, the Operating Partnership issues a corresponding Class B common limited partnership unit to Tanger LP Trust, a wholly-owned subsidiary of the Company. Likewise, when the Company repurchases its outstanding common shares, the Operating Partnership repurchases a corresponding Class B common limited partnership unit held by Tanger LP Trust. The following table sets forth the changes in outstanding partnership units for the three and six months ended June 30, 2022 and June 30, 2021:
|  |  |  | Limited Partnership Units
|  | General Partnership Units |  | Class A |  | Class B |  | Total
Balance March 31, 2021 |  | 1,100,000 |  |  | 4,794,643 |  |  | 99,694,577 |  |  | 104,489,220 |
Options exercised |  | — |  |  | — |  |  | 15,500 |  |  | 15,500 |
Issuance of units |  | — |  |  | — |  |  | 2,810,503 |  |  | 2,810,503 |
Balance June 30, 2021 |  | 1,100,000 |  |  | 4,794,643 |  |  | 102,520,580 |  |  | 107,315,223 |
Balance December 31, 2020 |  | 1,000,000 |  |  | 4,794,643 |  |  | 92,569,801 |  |  | 97,364,444 |
Options exercised |  | — |  |  | — |  |  | 15,500 |  |  | 15,500 |
Grant of restricted common share awards by the Company, net of forfeitures |  | — |  |  | — |  |  | 469,675 |  |  | 469,675 |
Issuance of units |  | 100,000 |  |  | — |  |  | 9,577,581 |  |  | 9,577,581 |
Units withheld for employee income taxes |  | — |  |  | — |  |  | (111,977) |  |  | (111,977) |
Balance June 30, 2021 |  | 1,100,000 |  |  | 4,794,643 |  |  | 102,520,580 |  |  | 107,315,223 |
Balance March 31, 2022 |  | 1,100,000 |  |  | 4,761,559 |  |  | 103,369,061 |  |  | 108,130,620 |
Options exercised |  | — |  |  | — |  |  | 800 |  |  | 800 |
Forfeitures of restricted common share awards by the Company |  | — |  |  | — |  |  | (13,062) |  |  | (13,062) |
Units withheld for employee income taxes |  | — |  |  | — |  |  | (62,007) |  |  | (62,007) |
Balance June 30, 2022 |  | 1,100,000 |  |  | 4,761,559 |  |  | 103,294,792 |  |  | 108,056,351 |
Balance December 31, 2021 |  | 1,100,000 |  |  | 4,761,559 |  |  | 102,984,734 |  |  | 107,746,293 |
Grant of restricted common share awards by the Company, net of forfeitures |  | — |  |  | — |  |  | 499,336 |  |  | 499,336 |
Options exercised |  | — |  |  | — |  |  | 2,700 |  |  | 2,700 |
Units withheld for employee income taxes |  | — |  |  | — |  |  | (191,978) |  |  | (191,978) |
Balance June 30, 2022 |  | 1,100,000 |  |  | 4,761,559 |  |  | 103,294,792 |  |  | 108,056,351 |

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- Definition Partners' Equity of the Operating Partnership [Abstract] + References No definition available. + Details
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- Definition The entire disclosure for the formation, structure, control and ownership of the partnership. Disclosures related to accounts comprising partners' capital. Includes balances of general partners' capital account, limited partners' capital account, preferred partners' capital account and total partners' capital account and units outstanding; accumulated other comprehensive income; amount and nature of changes to amount of partner's capital and units outstanding by class, rights and privileges for each class of units; distribution policies and distributions paid by unit class; impact of and correction of an error in previously issued financial statements; limitations of partners' liability; redemption, conversion and distribution policies; and deferred compensation related to the issuance of units. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -URI https://asc.fasb.org/topic&trid=2208762 + Details
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