Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS

v3.7.0.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Tanger Factory Outlet Centers, Inc [Member]    
Rental property:    
Land $ 272,153 $ 272,153
Buildings, improvements and fixtures 2,667,087 2,647,477
Construction in progress 65,461 46,277
Rental property, at cost, total 3,004,701 2,965,907
Accumulated depreciation (839,843) (814,583)
Total rental property, net 2,164,858 2,151,324
Cash and cash equivalents 7,225 12,222
Investments in unconsolidated joint ventures 127,901 128,104
Deferred lease costs and other intangibles, net 146,965 151,579
Prepaids and other assets 92,821 82,985
Total assets 2,539,770 2,526,214
Debt:    
Senior, unsecured notes, net 1,135,806 1,135,309
Unsecured term loans, net 322,575 322,410
Mortgages payable, net 171,458 172,145
Unsecured lines of credit, net 69,622 58,002
Total debt 1,699,461 1,687,866
Accounts payable and accrued expenses 82,772 78,143
Other liabilities 59,534 54,764
Total liabilities 1,841,767 1,820,773
Commitments and contingencies
Tanger Factory Outlet Centers, Inc.:    
Common shares, $.01 par value, 300,000,000 shares authorized, 96,456,117 and 96,095,891 shares issued and outstanding at March 31, 2017 and December 31, 2016, respectively 965 961
Paid in capital 821,509 820,251
Accumulated distributions in excess of net income (132,571) (122,701)
Partners' Equity:    
Accumulated other comprehensive loss (26,632) (28,295)
Equity attributable to Tanger Factory Outlet Centers, Inc. 663,271 670,216
Noncontrolling interests in Operating Partnership 34,573 35,066
Noncontrolling interests in other consolidated partnerships 159 159
Total equity 698,003 705,441
Total liabilities and equity 2,539,770 2,526,214
Tanger Properties Limited Partnership [Member]    
Rental property:    
Land 272,153 272,153
Buildings, improvements and fixtures 2,667,087 2,647,477
Construction in progress 65,461 46,277
Rental property, at cost, total 3,004,701 2,965,907
Accumulated depreciation (839,843) (814,583)
Total rental property, net 2,164,858 2,151,324
Cash and cash equivalents 7,160 12,199
Investments in unconsolidated joint ventures 127,901 128,104
Deferred lease costs and other intangibles, net 146,965 151,579
Prepaids and other assets 92,277 82,481
Total assets 2,539,161 2,525,687
Debt:    
Senior, unsecured notes, net 1,135,806 1,135,309
Unsecured term loans, net 322,575 322,410
Mortgages payable, net 171,458 172,145
Unsecured lines of credit, net 69,622 58,002
Total debt 1,699,461 1,687,866
Accounts payable and accrued expenses 82,163 77,616
Other liabilities 59,534 54,764
Total liabilities 1,841,158 1,820,246
Commitments and contingencies
Partners' Equity:    
General partner, 1,000,000 units outstanding at March 31, 2017 and December 31, 2016 6,393 6,485
Limited partners, 5,027,781 and 5,027,781 Class A common units, and 95,456,117 and 95,095,891 Class B common units outstanding at March 31, 2017 and December 31, 2016, respectively 719,553 728,631
Accumulated other comprehensive loss (28,102) (29,834)
Total partners' equity 697,844 705,282
Noncontrolling interests in other consolidated partnerships 159 159
Total equity 698,003 705,441
Total liabilities and equity $ 2,539,161 $ 2,525,687