Current report filing

TANGER FACTORY OUTLET CENTERS, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF SHAREHOLDERS??? EQUITY

v3.23.3
TANGER FACTORY OUTLET CENTERS, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY - USD ($)
$ in Thousands
Total
Tanger Properties Limited Partnership
Equity attributable to Tanger Factory Outlet Centers, Inc.
Tanger Properties Limited Partnership
Noncontrolling interests in Operating Partnership
Tanger Properties Limited Partnership
General partner
Tanger Properties Limited Partnership
Equity attributable to Tanger Factory Outlet Centers, Inc.
Common shares
Paid in capital
Accumulated distributions in excess of earnings
Accumulated other comprehensive loss
Noncontrolling Interests
Noncontrolling interests in Operating Partnership
Noncontrolling Interests
Noncontrolling interests in other consolidated partnerships
Beginning Balance at Dec. 31, 2021 $ 499,789         $ 477,925 $ 1,041 $ 978,054 $ (483,409) $ (17,761) $ 21,864 $ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Net income 66,626 $ 66,626 $ 66,626 $ 65,958 $ 668 63,699     63,699   2,927  
Other comprehensive income (loss) 6,807 6,807 6,807     6,508       6,508 299  
Compensation under Incentive Award Plan 10,102 10,102 10,102 10,102   10,102   10,102        
Issuance of common shares upon exercise of options 43 43 43 43   43   43        
Grant of restricted common shares awards, net of forfeitures 0 0 0       4 (4)        
Withholding of common shares for employee income taxes (3,741) (3,741) (3,741) (3,741)   (3,741) (2) (3,739)        
Adjustment for noncontrolling interests in Operating Partnership 0         84   84     (84)  
Common dividends (61,194)         (61,194)     (61,194)      
Distributions to noncontrolling interests (2,773)                   (2,773)  
Ending Balance at Sep. 30, 2022 515,659         493,426 1,043 984,540 (480,904) (11,253) 22,233 0
Beginning Balance at Jun. 30, 2022 512,575         490,216 1,044 981,833 (483,241) (9,420) 22,359 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Net income 24,345 24,345       23,276     23,276   1,069  
Other comprehensive income (loss) (1,917) (1,917) (1,917)     (1,833)       (1,833) (84)  
Compensation under Incentive Award Plan 3,057 3,057 3,057 3,057   3,057   3,057        
Issuance of common shares upon exercise of options 28 28 28 28   28   28        
Grant of restricted common shares awards, net of forfeitures   24,345 24,345 24,102                
Withholding of common shares for employee income taxes (538) (538) (538) (538)   (538) 1 (537)        
Adjustment for noncontrolling interests in Operating Partnership           159   159     (159)  
Common dividends (20,939)         (20,939)     (20,939)      
Distributions to noncontrolling interests (952)                   (952)  
Ending Balance at Sep. 30, 2022 515,659         493,426 1,043 984,540 (480,904) (11,253) 22,233 0
Beginning Balance at Dec. 31, 2022 513,934         491,643 1,045 987,192 (485,557) (11,037) 22,291 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Net income 79,037 79,037 78,789 78,001 788 75,367     75,367   3,422 248
Other comprehensive income (loss) (6,020) (6,020) (6,020)     (5,758)       (5,758) (262)  
Compensation under Incentive Award Plan 9,234 9,234 9,234 9,234   9,234   9,234        
Issuance of common shares upon exercise of options 653 653 653 653   653   653        
Common share offering 2,471 2,471 2,471 2,349 122 2,471 1 2,470        
Grant of restricted common shares awards, net of forfeitures (1)         (1) 10 (11)        
Withholding of common shares for employee income taxes (6,963) (6,963) (6,963) (6,963)   (6,963) (3) (6,960)        
Adjustment for noncontrolling interests in Operating Partnership 0         323   323     (323)  
Common dividends (76,298)         (76,298)     (76,298)   0  
Distributions to noncontrolling interests (3,617)                   (3,369) (248)
Ending Balance at Sep. 30, 2023 512,430         490,671 1,053 992,901 (486,488) (16,795) 21,759 0
Beginning Balance at Jun. 30, 2023 507,743         485,909 1,052 986,472 (488,273) (13,342) 21,834 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Net income 28,877 28,877 28,877 28,588 $ 289 27,624     27,624   1,253  
Other comprehensive income (loss) (3,610) (3,610) (3,610)     (3,453)       (3,453) (157)  
Compensation under Incentive Award Plan 3,459 3,459 3,459 3,459   3,459   3,459        
Issuance of common shares upon exercise of options 610 610 610 610   610   610        
Common share offering 2,471         2,471 1 2,470        
Withholding of common shares for employee income taxes (120) $ (120) $ (120) $ (120)   (120)   (120)        
Adjustment for noncontrolling interests in Operating Partnership 0         10   10     (10)  
Common dividends (25,839)         (25,839)     (25,839)   0  
Distributions to noncontrolling interests (1,161)                   (1,161) 0
Ending Balance at Sep. 30, 2023 $ 512,430         $ 490,671 $ 1,053 $ 992,901 $ (486,488) $ (16,795) $ 21,759 $ 0