Quarterly report pursuant to Section 13 or 15(d)

Accumulated Other Comprehensive Income (Loss) of the Company (Tables)

v3.22.1
Accumulated Other Comprehensive Income (Loss) of the Company (Tables)
 3 Months Ended
Mar. 31, 2022
Statement of Comprehensive Income [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss)
The following table presents changes in the balances of each component of accumulated other comprehensive loss for the three months ended March 31, 2022 (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 December 31, 2021 $ (19,713) $ 1,952  $ (17,761) $ (1,084) $ 72  $ (1,012)
Other comprehensive income before reclassifications 1,172  7,056  8,228  54  324  378 
Reclassification out of accumulated other comprehensive income (loss) into other income (expense) for foreign currency and interest expense for cash flow hedges —  281  281  —  13  13 
Balance March 31, 2022 $ (18,541) $ 9,289  $ (9,252) $ (1,030) $ 409  $ (621)

The following table presents changes in the balances of each component of accumulated other comprehensive loss for the three months ended March 31, 2021 (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 December 31, 2020 $ (23,399) $ (3,186) $ (26,585) $ (1,281) $ (173) $ (1,454)
Other comprehensive income before reclassifications 952  1,508  2,460  57  76  133 
Reclassification out of accumulated other comprehensive income (loss) into other income (expense) for foreign currency and interest expense for cash flow hedges 3,463  394  3,857  167  20  187 
Balance March 31, 2021
 $ (18,984) $ (1,284) $ (20,268) $ (1,057) $ (77) $ (1,134)
The following table presents changes in the balances of each component of accumulated other comprehensive loss for the three months ended March 31, 2022 (in thousands):
Foreign Currency Cash flow hedges Accumulated Other Comprehensive Income (Loss)
Balance December 31, 2021 $ (20,797) $ 2,024  $ (18,773)
Other comprehensive income before reclassifications 1,226  7,380  8,606 
Reclassification out of accumulated other comprehensive income (loss) into other income (expense) for foreign currency and interest expense for cash flow hedges —  294  294 
Balance March 31, 2022 $ (19,571) $ 9,698  $ (9,873)

The following table presents changes in the balances of each component of accumulated other comprehensive loss for the three months ended March 31, 2021 (in thousands):
Foreign Currency Cash flow hedges Accumulated Other Comprehensive Income (Loss)
Balance December 31, 2020 $ (24,680) $ (3,359) $ (28,039)
Other comprehensive income before reclassifications 1,009  1,584  2,593 
Reclassification out of accumulated other comprehensive income (loss) into other income (expense) for foreign currency and interest expense for cash flow hedges 3,630  414  4,044 
Balance March 31, 2021 $ (20,041) $ (1,361) $ (21,402)