Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
Tanger Factory Outlet Centers, Inc. [Member]    
Rental property:    
Land $ 279,978 $ 279,978
Buildings, improvements and fixtures 2,825,729 2,793,638
Construction in progress 1,329 14,854
Rental property, at cost, total 3,107,036 3,088,470
Accumulated depreciation (956,418) (901,967)
Total rental property, net 2,150,618 2,186,503
Cash and cash equivalents 4,261 6,101
Investments in unconsolidated joint ventures 110,502 119,436
Deferred lease costs and other intangibles, net 124,234 132,061
Prepaids and other assets 98,982 96,004
Total assets 2,488,597 2,540,105
Debt:    
Senior, unsecured notes, net 1,135,705 1,134,755
Unsecured term loan, net 323,249 322,975
Mortgages payable, net 89,235 99,761
Unsecured lines of credit, net 220,018 206,160
Total debt 1,768,207 1,763,651
Accounts payable and accrued expenses 65,445 90,416
Other liabilities 79,281 73,736
Total liabilities 1,912,933 1,927,803
Commitments and contingencies
Tanger Factory Outlet Centers, Inc.:    
Common shares, $.01 par value, 300,000,000 shares authorized, 93,907,034 and 94,560,536 shares issued and outstanding at June 30, 2018 and December 31, 2017, respectively 939 946
Paid in capital 770,877 784,782
Accumulated distributions in excess of net income (204,506) (184,865)
Partners' Equity:    
Accumulated other comprehensive loss (20,722) (19,285)
Equity attributable to Tanger Factory Outlet Centers, Inc. 546,588 581,578
Noncontrolling interests in Operating Partnership 29,076 30,724
Noncontrolling interests in other consolidated partnerships 0 0
Total equity 575,664 612,302
Total liabilities and equity 2,488,597 2,540,105
Tanger Properties Limited Partnership [Member]    
Rental property:    
Land 279,978 279,978
Buildings, improvements and fixtures 2,825,729 2,793,638
Construction in progress 1,329 14,854
Rental property, at cost, total 3,107,036 3,088,470
Accumulated depreciation (956,418) (901,967)
Total rental property, net 2,150,618 2,186,503
Cash and cash equivalents 4,135 6,050
Investments in unconsolidated joint ventures 110,502 119,436
Deferred lease costs and other intangibles, net 124,234 132,061
Prepaids and other assets 98,428 95,384
Total assets 2,487,917 2,539,434
Debt:    
Senior, unsecured notes, net 1,135,705 1,134,755
Unsecured term loan, net 323,249 322,975
Mortgages payable, net 89,235 99,761
Unsecured lines of credit, net 220,018 206,160
Total debt 1,768,207 1,763,651
Accounts payable and accrued expenses 64,765 89,745
Other liabilities 79,281 73,736
Total liabilities 1,912,253 1,927,132
Commitments and contingencies
Partners' Equity:    
General partner, 1,000,000 units outstanding at June 30, 2018 and December 31, 2017 5,637 5,844
Limited partners, 4,995,433 and 4,995,433 Class A common units, and 92,907,034 and 93,560,536 Class B common units outstanding at June 30, 2018 and December 31, 2017, respectively 591,886 626,803
Accumulated other comprehensive loss (21,859) (20,345)
Total partners' equity 575,664 612,302
Noncontrolling interests in other consolidated partnerships 0 0
Total equity 575,664 612,302
Total liabilities and equity $ 2,487,917 $ 2,539,434