Share-based Compensation of the Company (Tables) (Tanger Factory Outlet Centers, Inc [Member])

9 Months Ended

Sep. 30, 2012

Tanger Factory Outlet Centers, Inc [Member]

Schedule of Share-based Compensation, Restricted Stock Units Award Activity

The following table summarizes information related to unvested restricted common shares outstanding as of September 30, 2012:

Unvested Restricted Common Shares	Number of shares		Weighted-average grant date fair value
Unvested at December 31, 2011	791,337		$	20.93
Granted	571,000		27.90
Vested	(275,800	)	21.44
Forfeited	(5,000	)	29.50
Unvested at September 30, 2012	1,081,537		$	24.43

Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs

We recorded share-based compensation expense in general and administrative expenses in our consolidated statements of operations as follows (in thousands):

	Three months ended September 30,				Nine months ended September 30,
	2012		2011		2012		2011
Restricted common shares (1)	$	1,886	$	1,410	$	6,600	$	3,942
Notional unit performance awards	495		377		1,475		1,390
Options	53		53		156		126
Total share-based compensation	$	2,434	$	1,840	$	8,231	$	5,458

(1) For the nine months endedSeptember 30, 2012, includes approximately $1.3 million of compensation expense related to 45,000 shares that vested immediately upon grant related to the Employment Agreement described above.