Form: 10-Q

Quarterly report pursuant to Section 13 or 15(d)

November 8, 2012



Exhibit 12.2

TANGER PROPERTIES LIMITED PARTNERSHIP
RATIO OF EARNINGS TO FIXED CHARGES

 
 
Nine months ended
 
 
September 30,
 
 
2012
 
2011
Earnings:
 
 
 
 
Income before equity in losses of unconsolidated joint ventures and noncontrolling interests
 
$
40,336

 
$
36,674

Add:
 
 
 
 
Distributed income of unconsolidated joint ventures
 
740

 
315

Amortization of capitalized interest
 
382

 
254

Interest expense
 
37,062

 
32,996

Portion of rent expense - interest factor
 
1,552

 
1,418

Total earnings
 
80,072

 
71,657

 
 
 
 
 
Fixed charges:
 
 
 
 
Interest expense
 
37,062

 
32,996

Capitalized interest and capitalized amortization of debt issue costs
 
1,031

 
317

Portion of rent expense - interest factor
 
1,552

 
1,418

Total fixed charges
 
$
39,645

 
$
34,731

 
 
 
 
 
Ratio of earnings to fixed charges
 
2.0

 
2.1