XML 133 R48.htm IDEA: XBRL DOCUMENT v3.25.4
Earnings Per Unit of the Operating Partnership (Tables)
12 Months Ended
Dec. 31, 2025
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table sets forth a reconciliation of the numerators and denominators in computing earnings per share for the years ended December 31, 2025, 2024 and 2023 (in thousands, except per share amounts):
202520242023
Numerator
Net income attributable to Tanger Inc.$114,776 $98,595 $99,151 
Less allocation of earnings to participating securities(872)(920)(1,186)
Net income available to common shareholders of Tanger Inc.$113,904 $97,675 $97,965 
Denominator
Basic weighted average common shares113,172 109,263 104,682 
Effect of dilutive securities:
   Equity awards1,555 1,816 1,850 
Diluted weighted average common shares114,727 111,079 106,532 
Basic earnings per common share:
Net income$1.01 $0.89 $0.94 
Diluted earnings per common share:
Net income$0.99 $0.88 $0.92 
The following table sets forth a reconciliation of the numerators and denominators in computing earnings per unit for the years ended December 31, 2025, 2024 and 2023 (in thousands, except per unit amounts):
202520242023
Numerator
Net income attributable to partners of the Operating Partnership$119,501 $102,840 $103,634 
Allocation of earnings to participating securities(872)(920)(1,186)
Net income available to common unitholders of the Operating Partnership$118,629 $101,920 $102,448 
Denominator
Basic weighted average common units117,838 113,971 109,416 
Effect of dilutive securities:
   Equity awards1,555 1,816 1,850 
Diluted weighted average common units119,393 115,787 111,266 
Basic earnings per common unit:
Net income$1.01 $0.89 $0.94 
Diluted earnings per common unit:
Net income$0.99 $0.88 $0.92