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Earnings Per Share of the Company (Tables) (Tanger Factory Outlet Centers, Inc)
 12 Months Ended
Dec. 31, 2011
Tanger Factory Outlet Centers, Inc
  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
The following table sets forth a reconciliation of the numerators and denominators in computing earnings per share for the years ended December 31, 2011, 2010 and 2009 (in thousands, except per share amounts). Note that per share amounts reflect a two-for-one split of the Company's common shares in January 2011.
 
 
2011
 
2010
 
2009
NUMERATOR
 
 
 
 
 
 
Income from continuing operations attributable to the Company
 
$
44,641

 
$
34,334

 
$
62,445

Applicable preferred share dividends
 
—

 
(5,297
)
 
(5,625
)
Original issuance costs related to redeemed preferred shares
 
—

 
(2,539
)
 
—

Allocation of earnings to participating securities
 
(684
)
 
(598
)
 
(741
)
Income from continuing operations available to common shareholders of the Company
 
43,957

 
25,900

 
56,079

Discontinued operations attributable to participating securities
 
—

 
—

 
40

Discontinued operations attributable to the Company
 
—

 
(85
)
 
(4,426
)
Net income available to common shareholders of the Company
 
$
43,957

 
$
25,815

 
$
51,693

DENOMINATOR
 
 
 
 
 
 
Basic weighted average common shares
 
83,000

 
80,187

 
71,832

Effect of notional units
 
965

 
—

 
—

Effect of exchangeable notes
 
93

 
112

 
37

Effect of outstanding options
 
71

 
91

 
155

Diluted weighted average common shares
 
84,129

 
80,390

 
72,024

 
 
 
 
 
 
 
Basic earnings per common share:
 
 
 
 
 
 
Income from continuing operations
 
$
0.53

 
$
0.32

 
$
0.78

Discontinued operations
 
—

 
—

 
(0.06
)
Net income
 
$
0.53

 
$
0.32

 
$
0.72

 
 
 
 
 
 
 
Diluted earnings per common share:
 
 
 
 
 
 
Income from continuing operations
 
$
0.52

 
$
0.32

 
$
0.78

Discontinued operations
 
—

 
—

 
(0.06
)
Net income
 
$
0.52

 
$
0.32

 
$
0.72