Quarterly report pursuant to Section 13 or 15(d)

Accumulated Other Comprehensive Income (Loss) of the Company

v3.10.0.1
Accumulated Other Comprehensive Income (Loss) of the Company
6 Months Ended
Jun. 30, 2018
Tanger Factory Outlet Centers, Inc. [Member]  
Accumulated Other Comprehensive Income (Loss) [Line Items]  
Accumulated Other Comprehensive Income (Loss) of the Company
Accumulated Other Comprehensive Income (Loss) of the Company

The following table presents changes in the balances of each component of accumulated comprehensive income (loss) for the three and six months ended June 30, 2018 (in thousands):
 
 

 
 
Tanger Factory Outlet Centers, Inc. Accumulated Other Comprehensive Income (Loss)
 
Noncontrolling Interest in Operating Partnership Accumulated Other Comprehensive Income (Loss)
 
 
Foreign Currency
 
Cash flow hedges
 
Total
 
Foreign Currency
 
Cash flow hedges
 
Total
Balance March 31, 2018
 
$
(27,298
)
 
$
7,675

 
$
(19,623
)
 
$
(1,486
)
 
$
408

 
$
(1,078
)
Other comprehensive income (loss) before reclassifications
 
(1,900
)
 
1,340

 
(560
)
 
(102
)
 
72

 
(30
)
Reclassification out of accumulated other comprehensive income into interest expense
 

 
(539
)
 
(539
)
 

 
(29
)
 
(29
)
Balance June 30, 2018
 
$
(29,198
)
 
$
8,476

 
$
(20,722
)
 
$
(1,588
)
 
$
451

 
$
(1,137
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Tanger Factory Outlet Centers, Inc. Accumulated Other Comprehensive Income (Loss)
 
Noncontrolling Interest in Operating Partnership Accumulated Other Comprehensive Income (Loss)
 
 
Foreign Currency
 
Cash flow hedges
 
Total
 
Foreign Currency
 
Cash flow hedges
 
Total
Balance December 31, 2017
 
$
(24,360
)
 
$
5,075

 
$
(19,285
)
 
$
(1,329
)
 
$
269

 
$
(1,060
)
Other comprehensive income (loss) before reclassifications
 
(4,838
)
 
4,254

 
(584
)
 
(259
)
 
228

 
(31
)
Reclassification out of accumulated other comprehensive income into interest expense
 

 
(853
)
 
(853
)
 

 
(46
)
 
(46
)
Balance June 30, 2018
 
$
(29,198
)
 
$
8,476

 
$
(20,722
)
 
$
(1,588
)
 
$
451

 
$
(1,137
)

The following table presents changes in the balances of each component of accumulated comprehensive income (loss) for the three and six months ended June 30, 2017 (in thousands):
 
 

 
 
Tanger Factory Outlet Centers, Inc. Accumulated Other Comprehensive Income (Loss)
 
Noncontrolling Interest in Operating Partnership Accumulated Other Comprehensive Income (Loss)
 
 
Foreign Currency
 
Cash flow hedges
 
Total
 
Foreign Currency
 
Cash flow hedges
 
Total
Balance March 31, 2017
 
$
(31,128
)
 
$
4,496

 
$
(26,632
)
 
$
(1,689
)
 
$
219

 
$
(1,470
)
Other comprehensive income (loss) before reclassifications
 
2,919

 
(655
)
 
2,264

 
155

 
(16
)
 
139

Reclassification out of accumulated other comprehensive income into interest expense
 

 
121

 
121

 

 
6

 
6

Balance June 30, 2017
 
$
(28,209
)
 
$
3,962

 
$
(24,247
)
 
$
(1,534
)
 
$
209

 
$
(1,325
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Tanger Factory Outlet Centers, Inc. Accumulated Other Comprehensive Income (Loss)
 
Noncontrolling Interest in Operating Partnership Accumulated Other Comprehensive Income (Loss)
 
 
Foreign Currency
 
Cash flow hedges
 
Total
 
Foreign Currency
 
Cash flow hedges
 
Total
Balance December 31, 2016
 
$
(32,087
)
 
$
3,792

 
$
(28,295
)
 
$
(1,740
)
 
$
201

 
$
(1,539
)
Other comprehensive income (loss) before reclassifications
 
3,878

 
(244
)
 
3,634

 
206

 
(13
)
 
193

Reclassification out of accumulated other comprehensive income into interest expense
 

 
414

 
414

 

 
21

 
21

Balance June 30, 2017
 
$
(28,209
)
 
$
3,962

 
$
(24,247
)
 
$
(1,534
)
 
$
209

 
$
(1,325
)


We expect within the next twelve months to reclassify into earnings as a decrease to interest expense approximately $2.4 million of the amounts recorded within accumulated other comprehensive income related to the interest rate swap agreements in effect as of June 30, 2018.