Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Debt:    
Operating lease liabilities $ 92,354  
Tanger Factory Outlet Centers, Inc. [Member]    
Rental property:    
Land 267,910 $ 278,428
Buildings, improvements and fixtures 2,639,764 2,764,649
Construction in progress 0 3,102
Rental property, at cost, total 2,907,674 3,046,179
Accumulated depreciation (941,193) (981,305)
Total rental property, net 1,966,481 2,064,874
Cash and cash equivalents 1,616 9,083
Investments in unconsolidated joint ventures 97,654 95,969
Deferred lease costs and other intangibles, net 106,170 116,874
Operating lease right-of-use assets 87,679  
Prepaids and other assets 94,224 98,102
Total assets 2,353,824 2,384,902
Debt:    
Senior, unsecured notes, net 1,137,145 1,136,663
Unsecured term loan, net 346,950 346,799
Mortgages payable, net 86,572 87,471
Unsecured lines of credit, net 12,117 141,985
Total debt 1,582,784 1,712,918
Accounts payable and accrued expenses 87,536 82,676
Operating lease liabilities 92,354  
Other liabilities 87,707 83,773
Total liabilities 1,850,381 1,879,367
Commitments and contingencies
Tanger Factory Outlet Centers, Inc.:    
Common shares, $.01 par value, 300,000,000 shares authorized, 94,102,666 and 93,941,783 shares issued and outstanding at March 31, 2019 and December 31, 2018, respectively 941 939
Paid in capital 780,936 778,845
Accumulated distributions in excess of net income (276,491) (272,454)
Partners' Equity:    
Accumulated other comprehensive loss (27,153) (27,151)
Equity attributable to Tanger Factory Outlet Centers, Inc. 478,233 480,179
Noncontrolling interests in Operating Partnership 25,210 25,356
Noncontrolling interests in other consolidated partnerships 0 0
Total equity 503,443 505,535
Total liabilities and equity 2,353,824 2,384,902
Tanger Properties Limited Partnership [Member]    
Rental property:    
Land 267,910 278,428
Buildings, improvements and fixtures 2,639,764 2,764,649
Construction in progress 0 3,102
Rental property, at cost, total 2,907,674 3,046,179
Accumulated depreciation (941,193) (981,305)
Total rental property, net 1,966,481 2,064,874
Cash and cash equivalents 1,570 8,991
Investments in unconsolidated joint ventures 97,654 95,969
Deferred lease costs and other intangibles, net 106,170 116,874
Operating lease right-of-use assets 87,679  
Prepaids and other assets 93,826 97,832
Total assets 2,353,380 2,384,540
Debt:    
Senior, unsecured notes, net 1,137,145 1,136,663
Unsecured term loan, net 346,950 346,799
Mortgages payable, net 86,572 87,471
Unsecured lines of credit, net 12,117 141,985
Total debt 1,582,784 1,712,918
Accounts payable and accrued expenses 87,092 82,314
Operating lease liabilities 92,354  
Other liabilities 87,707 83,773
Total liabilities 1,849,937 1,879,005
Commitments and contingencies
Partners' Equity:    
General partner, 1,000,000 units outstanding at March 31, 2019 and December 31, 2018 5,227 4,914
Limited partners, 4,960,684 and 4,960,684 Class A common units, and 93,102,666 and 92,941,783 Class B common units outstanding at March 31, 2019 and December 31, 2018, respectively 526,850 529,252
Accumulated other comprehensive loss (28,634) (28,631)
Total partners' equity 503,443 505,535
Noncontrolling interests in other consolidated partnerships 0 0
Total equity 503,443 505,535
Total liabilities and equity $ 2,353,380 $ 2,384,540