TANGER FACTORY OUTLET CENTERS, INC - FORM 10-Q - EX-12.2 - EXHIBIT 12.2

file	filename
EX-32.4 - EXHIBIT 32.4 - TANGER FACTORY OUTLET CENTERS, INC	skt10q03312018ex324.htm
EX-32.3 - EXHIBIT 32.3 - TANGER FACTORY OUTLET CENTERS, INC	skt10q03312018ex323.htm
EX-32.2 - EXHIBIT 32.2 - TANGER FACTORY OUTLET CENTERS, INC	skt10q03312018ex322.htm
EX-32.1 - EXHIBIT 32.1 - TANGER FACTORY OUTLET CENTERS, INC	skt10q03312018ex321.htm
EX-31.4 - EXHIBIT 31.4 - TANGER FACTORY OUTLET CENTERS, INC	skt10q03312018ex314.htm
EX-31.3 - EXHIBIT 31.3 - TANGER FACTORY OUTLET CENTERS, INC	skt10q03312018ex313.htm
EX-31.2 - EXHIBIT 31.2 - TANGER FACTORY OUTLET CENTERS, INC	skt10q03312018ex312.htm
EX-31.1 - EXHIBIT 31.1 - TANGER FACTORY OUTLET CENTERS, INC	skt10q03312018ex311.htm
EX-12.1 - EXHIBIT 12.1 - TANGER FACTORY OUTLET CENTERS, INC	skt10q03312018ex12110-qonly.htm
EX-10.4 - EXHIBIT 10.4 - TANGER FACTORY OUTLET CENTERS, INC	exhibit1042018stbrsuunitag.htm
EX-10.3 - EXHIBIT 10.3 - TANGER FACTORY OUTLET CENTERS, INC	exhibit1032018sbtoppawarda.htm
EX-10.2 - EXHIBIT 10.2 - TANGER FACTORY OUTLET CENTERS, INC	exhibit1022018oppawardagre.htm
EX-10.1 - EXHIBIT 10.1 - TANGER FACTORY OUTLET CENTERS, INC	exhibit101declarationofame.htm
10-Q - 10-Q - TANGER FACTORY OUTLET CENTERS, INC	skt10q03312018.htm

Exhibit 12.2

TANGER PROPERTIES LIMITED PARTNERSHIP AND SUBSIDIARIES

Ratio of Earnings to Fixed Charges

(in thousands, except ratios)



	Three months ended March 31,
	2018		2017
Earnings:
Income before equity in earnings (losses) of unconsolidated joint ventures and noncontrolling interests	$	21,491	$	21,196
Add:
Distributed income of unconsolidated joint ventures	2,198		2,473
Amortization of capitalized interest	192		170
Interest expense	15,800		16,487
Portion of rent expense - interest factor	599		609
Total earnings	40,280		40,935

Fixed charges:
Interest expense	15,800		16,487
Capitalized interest and capitalized amortization of debt issue costs	73		520
Portion of rent expense - interest factor	599		609
Total fixed charges	$	16,472	$	17,616

Ratio of earnings to fixed charges	2.4		2.3

Earnings:
Income before equity in earnings (losses) of unconsolidated joint ventures and noncontrolling interests	$	21,491	$	21,196
Add:
Distributed income of unconsolidated joint ventures	2,198		2,473
Amortization of capitalized interest	192		170
Interest expense	15,800		16,487
Portion of rent expense - interest factor	599		609
Total earnings	40,280		40,935

Fixed charges and preferred unit distributions:
Interest expense	15,800		16,487
Capitalized interest and capitalized amortization of debt issue costs	73		520
Portion of rent expense - interest factor	599		609
Preferred unit distributions	—		—

Total combined fixed charges and preferred unit distributions	$	16,472	$	17,616

Ratio of earnings to combined fixed charges and preferred unit distributions	2.4		2.3

TANGER FACTORY OUTLET CENTERS, INC - FORM 10-Q - EX-12.2 - EXHIBIT 12.2 - May 3, 2018