Quarterly report pursuant to Section 13 or 15(d)

Accumulated Other Comprehensive Income (Loss) of the Operating Partnership (Tables)

v3.22.2
Accumulated Other Comprehensive Income (Loss) of the Operating Partnership (Tables)
 6 Months Ended
Jun. 30, 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 income (loss) for the three and six months ended June 30, 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 March 31, 2022 $ (18,541) $ 9,289  $ (9,252) $ (1,030) $ 409  $ (621)
Other comprehensive income (loss) before reclassifications (2,334) 1,885  (449) (107) 86  (21)
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 June 30, 2022 $ (20,875) $ 11,455  $ (9,420) $ (1,137) $ 508  $ (629)
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 (loss) before reclassifications (1,162) 8,941  7,779  (53) 410  357 
Reclassification out of accumulated other comprehensive income (loss) into other income (expense) for foreign currency and interest expense for cash flow hedges —  562  562  —  26  26 
Balance June 30, 2022 $ (20,875) $ 11,455  $ (9,420) $ (1,137) $ 508  $ (629)
The following table presents changes in the balances of each component of accumulated other comprehensive loss for the three and six months ended June 30, 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 March 31, 2021 $ (18,984) $ (1,284) $ (20,268) $ (1,057) $ (77) $ (1,134)
Other comprehensive income (loss) before reclassifications 1,299  (86) 1,213  66  (5) 61 
Reclassification out of accumulated other comprehensive income (loss) into other income (expense) for foreign currency and interest expense for cash flow hedges —  312  312  —  16  16 
Balance June 30, 2021 $ (17,685) $ (1,058) $ (18,743) $ (991) $ (66) $ (1,057)
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 2,251  1,422  3,673  123  71  194 
Reclassification out of accumulated other comprehensive income (loss) into other income (expense) for foreign currency and interest expense for cash flow hedges 3,463  706  4,169  167  36  203 
Balance June 30, 2021
 $ (17,685) $ (1,058) $ (18,743) $ (991) $ (66) $ (1,057)
The following table presents changes in the balances of each component of accumulated other comprehensive income (loss) for the three and six months ended June 30, 2022 (in thousands):
Foreign Currency Cash flow hedges Accumulated Other Comprehensive Income (Loss)
Balance March 31, 2022 $ (19,571) $ 9,698  $ (9,873)
Other comprehensive income (loss) before reclassifications (2,441) 1,971  (470)
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 June 30, 2022 $ (22,012) $ 11,963  $ (10,049)
Foreign Currency Cash flow hedges Accumulated Other Comprehensive Income (Loss)
Balance December 31, 2021 $ (20,797) $ 2,024  $ (18,773)
Other comprehensive income (loss)before reclassifications (1,215) 9,351  8,136 
Reclassification out of accumulated other comprehensive income (loss) into other income (expense) for foreign currency and interest expense for cash flow hedges —  588  588 
Balance June 30, 2022 $ (22,012) $ 11,963  $ (10,049)

The following table presents changes in the balances of each component of accumulated other comprehensive loss for the three and six months ended June 30, 2021 (in thousands):
Foreign Currency Cash flow hedges Accumulated Other Comprehensive Income (Loss)
Balance March 31, 2021 $ (20,041) $ (1,361) $ (21,402)
Other comprehensive income (loss) before reclassifications 1,365  (91) 1,274 
Reclassification out of accumulated other comprehensive income (loss) into other income (expense) for foreign currency and interest expense for cash flow hedges —  328  328 
Balance June 30, 2021 $ (18,676) $ (1,124) $ (19,800)
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 2,374  1,493  3,867 
Reclassification out of accumulated other comprehensive income (loss) into other income (expense) for foreign currency and interest expense for cash flow hedges 3,630  742  4,372 
Balance June 30, 2021 $ (18,676) $ (1,124) $ (19,800)