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Shareholders' Equity of the Company (Tables)
 12 Months Ended
Dec. 31, 2021
Share repurchase program
Shares repurchased during the years ended December 31, 2021, 2020 and 2019 were as follows:
202120202019
Total number of shares purchased— — 1,209,328 
Average price paid per share$— $— $16.52 
Total price paid exclusive of commissions and related fees (in thousands)$— $— $19,976 
Schedule of share issuances
The following table sets forth information regarding settlements under our ATM offering program:
202120202019
Number of common shares settled during the period10,009,263 — — 
Average price per share$18.97 $— $— 
Aggregate gross proceeds (in thousands) $189,868 $— $— 
Aggregate net proceeds after commissions and fees (in thousands)$186,969 $— $— 
Tanger Factory Outlet Centers, Inc. [Member]  
Schedule of Shareholders equity of the Company The following table sets forth the number of Class A common limited partnership units exchanged for an equal number of common shares for the years ended December 31, 2021, 2020 and 2019:
202120202019
Exchange of Class A limited partnership units33,084 116,530 49,511