Quarterly report pursuant to Section 13 or 15(d)

TANGER PROPERTIES LIMITED PARTNERSHIP AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF EQUITY

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TANGER PROPERTIES LIMITED PARTNERSHIP AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
$ in Thousands
Total
Tanger Properties Limited Partnership
Tanger Properties Limited Partnership
Total partners’ equity
Tanger Properties Limited Partnership
Noncontrolling interests in consolidated partnerships
Tanger Properties Limited Partnership
General partner
Tanger Properties Limited Partnership
Limited partners
Beginning Balance at Dec. 31, 2021     $ 499,789 $ 0 $ 4,539 $ 514,023
Balance, partners' capital, including portion attributable to noncontrolling interest at Dec. 31, 2021   $ 499,789        
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income $ 66,626 66,626 66,626   668 65,958
Other comprehensive income (loss) 6,807 6,807 6,807      
Compensation under Incentive Award Plan 10,102 10,102 10,102     10,102
Issuance of common units upon exercise of options 43 43 43     43
Withholding of common units for employee income taxes (3,741) (3,741) (3,741)     (3,741)
Grant of restricted common share awards by the Company $ 0 0 0      
Common distributions   (63,967) (63,967)   (641) (63,326)
Ending Balance at Sep. 30, 2022     515,659 0 4,566 523,059
Balance, partners' capital, including portion attributable to noncontrolling interest at Sep. 30, 2022   $ 515,659        
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Issuance of common units upon exercise of stock options 7,700 7,700        
Withholding of common shares for employee income taxes (in shares) 229,770 229,770        
Grant of restricted common share awards, net of forfeitures (in units) 483,764 483,764        
Common distributions (in dollars per share)   $ 0.5825        
Issuance of shares (in shares) 0          
Beginning Balance at Jun. 30, 2022     512,575   4,543 518,081
Balance, partners' capital, including portion attributable to noncontrolling interest at Jun. 30, 2022   $ 512,575        
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income $ 24,345 24,345        
Other comprehensive income (loss) (1,917) (1,917) (1,917)      
Compensation under Incentive Award Plan 3,057 3,057 3,057     3,057
Issuance of common units upon exercise of options 28 28 28     28
Withholding of common units for employee income taxes $ (538) (538) (538)     (538)
Grant of restricted common share awards by the Company   24,345 24,345     24,102
Common distributions   (21,891) (21,891)   (220) (21,671)
Ending Balance at Sep. 30, 2022     515,659 0 4,566 523,059
Balance, partners' capital, including portion attributable to noncontrolling interest at Sep. 30, 2022   $ 515,659        
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Issuance of common units upon exercise of stock options 5,000 5,000        
Withholding of common shares for employee income taxes (in shares) 37,792 37,792        
Common distributions (in dollars per share)   $ 0.20        
Issuance of shares (in shares) 0          
Beginning Balance at Dec. 31, 2022   $ 513,934 513,934 0 4,516 521,168
Balance, partners' capital, including portion attributable to noncontrolling interest at Dec. 31, 2022   513,934        
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income $ 79,037 79,037 78,789 248 788 78,001
Other comprehensive income (loss) (6,020) (6,020) (6,020)      
Compensation under Incentive Award Plan 9,234 9,234 9,234     9,234
Issuance of common units upon exercise of options 653 653 653     653
Issuance of common units 2,471 2,471 2,471   122 2,349
Withholding of common units for employee income taxes (6,963) (6,963) (6,963)     (6,963)
Grant of restricted common share awards by the Company $ (1)          
Common distributions   (79,916) (79,668) (248) (782) (78,886)
Ending Balance at Sep. 30, 2023   512,430 512,430 0 $ 4,644 $ 525,556
Balance, partners' capital, including portion attributable to noncontrolling interest at Sep. 30, 2023   $ 512,430        
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Issuance of common units upon exercise of stock options 51,500 51,500        
Withholding of common shares for employee income taxes (in shares) 367,776 367,776        
Grant of restricted common share awards, net of forfeitures (in units) 1,042,932          
Common distributions (in dollars per share)   $ 0.7100        
Issuance of shares (in shares) 106,615       5,000 101,615
Beginning Balance at Jun. 30, 2023     507,743 0 $ 4,503 $ 517,400
Balance, partners' capital, including portion attributable to noncontrolling interest at Jun. 30, 2023   $ 507,743        
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income $ 28,877 28,877 28,877 0 289 28,588
Other comprehensive income (loss) (3,610) (3,610) (3,610)      
Compensation under Incentive Award Plan 3,459 3,459 3,459     3,459
Issuance of common units upon exercise of options 610 610 610     610
Issuance of common units 2,471          
Withholding of common units for employee income taxes $ (120) (120) (120)     (120)
Common distributions   (27,000) (27,000) 0 (270) (26,730)
Ending Balance at Sep. 30, 2023   512,430 $ 512,430 $ 0 $ 4,644 $ 525,556
Balance, partners' capital, including portion attributable to noncontrolling interest at Sep. 30, 2023   $ 512,430        
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Issuance of common units upon exercise of stock options 44,300 44,300        
Withholding of common shares for employee income taxes (in shares) 5,505 5,505        
Common distributions (in dollars per share)   $ 0.245        
Issuance of shares (in shares) 106,615       5,000 101,615