Quarterly report pursuant to Section 13 or 15(d)

Accumulated Other Comprehensive Income (Loss) of the Operating Partnership

v3.7.0.1
Accumulated Other Comprehensive Income (Loss) of the Operating Partnership
3 Months Ended
Mar. 31, 2017
Tanger Properties Limited Partnership [Member]  
Accumulated Other Comprehensive Income (Loss) [Line Items]  
Accumulated Other Comprehensive Income (Loss) of the Operating Partnership
Accumulated Other Comprehensive Income (Loss) of the Operating Partnership

The following table presents changes in the balances of each component of accumulated comprehensive income (loss) for the three months ended March 31, 2017 (in thousands):
 
 
Foreign Currency
 
Cash flow hedges
 
Accumulated Other Comprehensive Income (Loss)
Balance December 31, 2016
 
$
(33,827
)
 
$
3,993

 
$
(29,834
)
Other comprehensive income before reclassifications
 
1,010

 
414

 
1,424

Reclassification out of accumulated other comprehensive income into interest expense
 

 
308

 
308

Balance March 31, 2017
 
$
(32,817
)
 
$
4,715

 
$
(28,102
)

The following table presents changes in the balances of each component of accumulated comprehensive loss for the three months ended March 31, 2016 (in thousands):
 
 
Foreign Currency
 
Cash flow hedges
 
Accumulated Other Comprehensive Income (Loss)
Balance December 31, 2015
 
$
(38,086
)
 
$
(616
)
 
$
(38,702
)
Other comprehensive income (loss) before reclassifications
 
8,654

 
(1,723
)
 
6,931

Reclassification out of accumulated other comprehensive income into interest expense
 

 
337

 
337

Balance March 31, 2016
 
$
(29,432
)
 
$
(2,002
)
 
$
(31,434
)


We expect within the next twelve months to reclassify into earnings as a decrease to interest expense approximately $239,000 of the amounts recorded within accumulated other comprehensive income related to the interest rate swap agreements in effect and as of March 31, 2017.