Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
Tanger Factory Outlet Centers, Inc [Member]    
Rental property:    
Land $ 262,166 $ 272,153
Buildings, improvements and fixtures 2,651,419 2,647,477
Construction in progress 94,490 46,277
Rental property, at cost, total 3,008,075 2,965,907
Accumulated depreciation (849,652) (814,583)
Total rental property, net 2,158,423 2,151,324
Cash and cash equivalents 8,362 12,222
Investments in unconsolidated joint ventures 131,172 128,104
Deferred lease costs and other intangibles, net 139,675 151,579
Prepaids and other assets 91,861 82,985
Total assets 2,529,493 2,526,214
Debt:    
Senior, unsecured notes, net 1,136,296 1,135,309
Unsecured term loan, net 322,793 322,410
Mortgages payable, net 171,215 172,145
Unsecured lines of credit, net 98,698 58,002
Total debt 1,729,002 1,687,866
Accounts payable and accrued expenses 71,383 78,143
Other liabilities 67,979 54,764
Total liabilities 1,868,364 1,820,773
Commitments and contingencies
Tanger Factory Outlet Centers, Inc.:    
Common shares, $.01 par value, 300,000,000 shares authorized, 94,958,136 and 96,095,891 shares issued and outstanding at June 30, 2017 and December 31, 2016, respectively 950 961
Paid in capital 787,255 820,251
Accumulated distributions in excess of net income (136,225) (122,701)
Partners' Equity:    
Accumulated other comprehensive loss (24,247) (28,295)
Equity attributable to Tanger Factory Outlet Centers, Inc. 627,733 670,216
Noncontrolling interests in Operating Partnership 33,237 35,066
Noncontrolling interests in other consolidated partnerships 159 159
Total equity 661,129 705,441
Total liabilities and equity 2,529,493 2,526,214
Tanger Properties Limited Partnership [Member]    
Rental property:    
Land 262,166 272,153
Buildings, improvements and fixtures 2,651,419 2,647,477
Construction in progress 94,490 46,277
Rental property, at cost, total 3,008,075 2,965,907
Accumulated depreciation (849,652) (814,583)
Total rental property, net 2,158,423 2,151,324
Cash and cash equivalents 8,251 12,199
Investments in unconsolidated joint ventures 131,172 128,104
Deferred lease costs and other intangibles, net 139,675 151,579
Prepaids and other assets 91,657 82,481
Total assets 2,529,178 2,525,687
Debt:    
Senior, unsecured notes, net 1,136,296 1,135,309
Unsecured term loan, net 322,793 322,410
Mortgages payable, net 171,215 172,145
Unsecured lines of credit, net 98,698 58,002
Total debt 1,729,002 1,687,866
Accounts payable and accrued expenses 71,068 77,616
Other liabilities 67,979 54,764
Total liabilities 1,868,049 1,820,246
Commitments and contingencies
Partners' Equity:    
General partner, 1,000,000 units outstanding at June 30, 2017 and December 31, 2016 6,356 6,485
Limited partners, 5,027,781 and 5,027,781 Class A common units, and 93,958,136 and 95,095,891 Class B common units outstanding at June 30, 2017 and December 31, 2016, respectively 680,186 728,631
Accumulated other comprehensive loss (25,572) (29,834)
Total partners' equity 660,970 705,282
Noncontrolling interests in other consolidated partnerships 159 159
Total equity 661,129 705,441
Total liabilities and equity $ 2,529,178 $ 2,525,687