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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Tanger Factory Outlet Centers, Inc
    
Revenues    
Base rentals$ 55,018$ 44,857$ 149,630$ 132,322
Percentage rentals2,6841,9105,2124,263
Expense reimbursements22,97320,13964,79458,087
Other income2,5682,5676,4476,138
Total revenues83,24369,473226,083200,810
Expenses    
Property operating25,18122,56773,05466,674
General and administrative7,9436,40321,89517,832
Acquisition costs97802,5190
Abandoned development costs00158365
Impairment charge000735
Depreciation and amortization22,96416,80558,78760,388
Total expenses57,06645,775156,413145,994
Operating income26,17723,69869,67054,816
Interest expense(11,958)(8,767)(32,996)(24,666)
Loss on early extinguishment of debt000(563)
Loss on termination of derivatives000(6,142)
Income before equity in earnings (losses) of unconsolidated joint ventures and discontinued operations14,21914,93136,67423,445
Equity in earnings (losses) of unconsolidated joint ventures(27)(75)(823)(194)
Income from continuing operations14,19214,85635,85123,251
Discontinued operations0(103)0(103)
Net income14,19214,75335,85123,148
Noncontrolling interest(1,730)(1,754)(4,569)(2,488)
Net (Income) loss attributable to other noncontrolling interests2020
Net income attributable to Tanger Factory Outlet Centers, Inc.12,46412,99931,28420,660
Basic earnings per common share:    
Income from continuing operations$ 0.14$ 0.14$ 0.38$ 0.2
Net income$ 0.14$ 0.14$ 0.38$ 0.2
Diluted earnings per common share:    
Income from continuing operations$ 0.14$ 0.14$ 0.37$ 0.2
Net income$ 0.14$ 0.14$ 0.37$ 0.2
Dividends paid per common share$ 0.2000$ 0.1938$ 0.5938$ 0.5788
Tanger Properties Limited Partnership
    
Revenues    
Base rentals55,01844,857149,630132,322
Percentage rentals2,6841,9105,2124,263
Expense reimbursements22,97320,13964,79458,087
Other income2,5682,5676,4476,138
Total revenues83,24369,473226,083200,810
Expenses    
Property operating25,18122,56773,05466,674
General and administrative7,9436,40321,89517,832
Acquisition costs97802,5190
Abandoned development costs00158365
Impairment charge000735
Depreciation and amortization22,96416,80558,78760,388
Total expenses57,06645,775156,413145,994
Operating income26,17723,69869,67054,816
Interest expense11,9588,76732,99624,666
Loss on early extinguishment of debt  0(563)
Loss on termination of derivatives000(6,142)
Income before equity in earnings (losses) of unconsolidated joint ventures and discontinued operations14,21914,93136,67423,445
Equity in earnings (losses) of unconsolidated joint ventures(27)(75)(823)(194)
Income from continuing operations14,19214,85635,85123,251
Discontinued operations0(103)0(103)
Net income14,19214,75335,85123,148
Net Income (Loss) Attributable to Noncontrolling Interest, Limited Partnerships2020
Net Income Availalbe to Partners14,19414,75335,85323,148
Net income available to limited partners14,04814,61635,48522,954
Net income available to general partner$ 146$ 137$ 368$ 194
Basic earnings per common unit:    
Income from continuing operations$ 0.58$ 0.57$ 1.50$ 0.8
Net income$ 0.58$ 0.57$ 1.5$ 0.8
Diluted earnings per common unit:    
Income from continuing operations$ 0.57$ 0.57$ 1.49$ 0.8
Net income$ 0.57$ 0.57$ 1.49$ 0.8
Distribution paid per common unit$ 0.800$ 0.775$ 2.375$ 2.315