Quarterly report pursuant to Section 13 or 15(d)

Accumulated Other Comprehensive Income of the Operating Partnership (Tables)

v2.4.0.8
Accumulated Other Comprehensive Income of the Operating Partnership (Tables) (Tanger Properties Limited Partnership [Member])
 6 Months Ended
Jun. 30, 2013
Tanger Properties Limited Partnership [Member]
  
Accumulated Other Comprehensive Income (Loss) [Line Items]  
Schedule of Accumulated Other Comprehensive Income (Loss)
The following table summarizes the changes in accumulated balances of other comprehensive income for the three and six months ended June 30, 2013 and 2012, respectively (in thousands):

 
 
Three months ended
 
Six months ended
 
 
June 30,
 
June 30,
 
 
2013
 
2012
 
2013
 
2012
Cash flow hedges:
 
 
 
 
 
 
 
 
Beginning balance
 
$
1,022

 
$
1,378

 
$
1,112

 
$
1,463

Amortization of cash flow hedges (1)
 
(92
)
 
(87
)
 
(182
)
 
(172
)
Ending balance
 
$
930

 
$
1,291

 
$
930

 
$
1,291

Foreign currency items:
 
 
 
 
 
 
 
 
Beginning balance
 
63

 
(7
)
 
(5
)
 
—

Unrealized gains/(losses) on foreign currency translation adjustments
 
135

 
40

 
203

 
33

Realized loss on foreign currency (2)
 
129

 
—

 
129

 
—

Ending balance
 
$
327

 
$
33

 
$
327

 
$
33

Total accumulated other comprehensive income
 
$
1,257

 
$
1,324

 
$
1,257

 
$
1,324

(1)
Represents remaining amount of gain recorded to other comprehensive income in 2005 as a result of the settlement of a US Treasury index rate lock agreement. This agreement was unwound in the fourth quarter of 2005. The gain is being amortized into earnings through interest expense using the effective interest method over a 10 year period that coincides with the interest payments associated with the 6.15% senior unsecured notes due in 2015.
(2)
Represents foreign currency loss realized from the settlement of debt and which was recognized in interest expense.