Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
Tanger Factory Outlet Centers, Inc. [Member]    
Rental property:    
Land $ 278,632 $ 279,978
Buildings, improvements and fixtures 2,755,698 2,793,638
Construction in progress 762 14,854
Rental property, at cost, total 3,035,092 3,088,470
Accumulated depreciation (953,158) (901,967)
Total rental property, net 2,081,934 2,186,503
Cash and cash equivalents 4,404 6,101
Investments in unconsolidated joint ventures 111,305 119,436
Deferred lease costs and other intangibles, net 120,064 132,061
Prepaids and other assets 103,910 96,004
Total assets 2,421,617 2,540,105
Debt:    
Senior, unsecured notes, net 1,136,184 1,134,755
Unsecured term loan, net 323,416 322,975
Mortgages payable, net 88,359 99,761
Unsecured lines of credit, net 199,701 206,160
Total debt 1,747,660 1,763,651
Accounts payable and accrued expenses 70,132 90,416
Other liabilities 79,342 73,736
Total liabilities 1,897,134 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 September 30, 2018 and December 31, 2017, respectively 939 946
Paid in capital 774,724 784,782
Accumulated distributions in excess of net income (259,258) (184,865)
Partners' Equity:    
Accumulated other comprehensive loss (18,413) (19,285)
Equity attributable to Tanger Factory Outlet Centers, Inc. 497,992 581,578
Noncontrolling interests in Operating Partnership 26,491 30,724
Noncontrolling interests in other consolidated partnerships 0 0
Total equity 524,483 612,302
Total liabilities and equity 2,421,617 2,540,105
Tanger Properties Limited Partnership [Member]    
Rental property:    
Land 278,632 279,978
Buildings, improvements and fixtures 2,755,698 2,793,638
Construction in progress 762 14,854
Rental property, at cost, total 3,035,092 3,088,470
Accumulated depreciation (953,158) (901,967)
Total rental property, net 2,081,934 2,186,503
Cash and cash equivalents 4,361 6,050
Investments in unconsolidated joint ventures 111,305 119,436
Deferred lease costs and other intangibles, net 120,064 132,061
Prepaids and other assets 103,313 95,384
Total assets 2,420,977 2,539,434
Debt:    
Senior, unsecured notes, net 1,136,184 1,134,755
Unsecured term loan, net 323,416 322,975
Mortgages payable, net 88,359 99,761
Unsecured lines of credit, net 199,701 206,160
Total debt 1,747,660 1,763,651
Accounts payable and accrued expenses 69,492 89,745
Other liabilities 79,342 73,736
Total liabilities 1,896,494 1,927,132
Commitments and contingencies
Partners' Equity:    
General partner, 1,000,000 units outstanding at September 30, 2018 and December 31, 2017 5,054 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 September 30, 2018 and December 31, 2017, respectively 538,855 626,803
Accumulated other comprehensive loss (19,426) (20,345)
Total partners' equity 524,483 612,302
Noncontrolling interests in other consolidated partnerships 0 0
Total equity 524,483 612,302
Total liabilities and equity $ 2,420,977 $ 2,539,434