| Schedule of Accumulated Other Comprehensive Income (Loss) |
The following table presents changes in the balances of each component of accumulated comprehensive loss for the three and nine months ended September 30, 2020 (in thousands):
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Tanger Factory Outlet Centers, Inc. Accumulated Other Comprehensive Income (Loss) |
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Noncontrolling Interest in Operating Partnership Accumulated Other Comprehensive Income (Loss) |
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|
Foreign Currency |
|
Cash flow hedges |
|
Total |
|
Foreign Currency |
|
Cash flow hedges |
|
Total |
| Balance June 30, 2020 |
|
$ |
(29,249) |
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|
$ |
(6,264) |
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|
$ |
(35,513) |
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|
$ |
(1,590) |
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|
$ |
(335) |
|
|
$ |
(1,925) |
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| Other comprehensive income (loss) before reclassifications |
|
1,776 |
|
|
(42) |
|
|
1,734 |
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|
94 |
|
|
(3) |
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|
91 |
|
| Reclassification out of accumulated other comprehensive income/loss into interest expense |
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— |
|
|
1,432 |
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|
1,432 |
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|
— |
|
|
76 |
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|
76 |
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| Balance September 30, 2020 |
|
$ |
(27,473) |
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|
$ |
(4,874) |
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|
$ |
(32,347) |
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|
$ |
(1,496) |
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$ |
(262) |
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|
$ |
(1,758) |
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|
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, 2019 |
|
$ |
(25,094) |
|
|
$ |
(401) |
|
|
$ |
(25,495) |
|
|
$ |
(1,369) |
|
|
$ |
(24) |
|
|
$ |
(1,393) |
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| Other comprehensive loss before reclassifications |
|
(2,379) |
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|
(6,995) |
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|
(9,374) |
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|
(127) |
|
|
(372) |
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|
(499) |
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| Reclassification out of accumulated other comprehensive income/loss into interest expense |
|
— |
|
|
2,522 |
|
|
2,522 |
|
|
— |
|
|
134 |
|
|
134 |
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| Balance September 30, 2020 |
|
$ |
(27,473) |
|
|
$ |
(4,874) |
|
|
$ |
(32,347) |
|
|
$ |
(1,496) |
|
|
$ |
(262) |
|
|
$ |
(1,758) |
|
The following table presents changes in the balances of each component of accumulated comprehensive income (loss) for the three and nine months ended September 30, 2019 (in thousands):
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|
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 June 30, 2019 |
|
$ |
(25,591) |
|
|
$ |
176 |
|
|
$ |
(25,415) |
|
|
$ |
(1,397) |
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|
$ |
8 |
|
|
$ |
(1,389) |
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| Other comprehensive loss before reclassifications |
|
(998) |
|
|
(447) |
|
|
(1,445) |
|
|
(53) |
|
|
(25) |
|
|
(78) |
|
| Reclassification out of accumulated other comprehensive income/loss into other income (expense) for interest expense for cash flow hedges |
|
— |
|
|
(512) |
|
|
(512) |
|
|
— |
|
|
(27) |
|
|
(27) |
|
| Balance September 30, 2019 |
|
$ |
(26,589) |
|
|
$ |
(783) |
|
|
$ |
(27,372) |
|
|
$ |
(1,450) |
|
|
$ |
(44) |
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|
$ |
(1,494) |
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|
|
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, 2018 |
|
$ |
(32,610) |
|
|
$ |
5,459 |
|
|
$ |
(27,151) |
|
|
$ |
(1,770) |
|
|
$ |
290 |
|
|
$ |
(1,480) |
|
| Other comprehensive income (loss) before reclassifications |
|
2,567 |
|
|
(4,296) |
|
|
(1,729) |
|
|
136 |
|
|
(230) |
|
|
(94) |
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| Reclassification out of accumulated other comprehensive income/loss for foreign currency and interest expense for cash flow hedges |
|
3,454 |
|
|
(1,946) |
|
|
1,508 |
|
|
184 |
|
|
(104) |
|
|
80 |
|
| Balance September 30, 2019 |
|
$ |
(26,589) |
|
|
$ |
(783) |
|
|
$ |
(27,372) |
|
|
$ |
(1,450) |
|
|
$ |
(44) |
|
|
$ |
(1,494) |
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