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 ($)
Total
Common shares
Paid in capital
Equity attributable to Tanger Factory Outlet Centers, Inc.
Tanger Properties Limited Partnership
Tanger Properties Limited Partnership
Noncontrolling interests in consolidated partnerships
Tanger Properties Limited Partnership
Tanger Inc. Accumulated Other Comprehensive Income (Loss)
Tanger Properties Limited Partnership
Equity attributable to Tanger Factory Outlet Centers, Inc.
Tanger Properties Limited Partnership
General partner
Tanger Properties Limited Partnership
Limited partners
Beginning balance at Dec. 31, 2022         $ 513,934,000 $ 0 $ (11,750,000) $ 513,934,000 $ 4,516,000 $ 521,168,000
Beginning Balance at Dec. 31, 2022 $ 513,934,000 $ 1,045,000 $ 987,192,000 $ 491,643,000            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net income (loss) 79,037,000     75,367,000 79,037,000 248,000   78,789,000 788,000 78,001,000
Other comprehensive income (loss) (6,020,000)     (5,758,000) (6,020,000)   (6,020,000) (6,020,000)    
Compensation under Incentive Award Plan 9,234,000   9,234,000 9,234,000 9,234,000     9,234,000   9,234,000
Issuance of common units upon exercise of options 653,000   653,000 653,000 653,000     653,000   653,000
Issuance of partner units 2,471,000 1,000 2,470,000 2,471,000 2,471,000     2,471,000 122,000 2,349,000
Withholding of common units for employee income taxes (6,963,000) (3,000) (6,960,000) (6,963,000) (6,963,000)     (6,963,000)   (6,963,000)
Grant of restricted common share awards by the Company (1,000) 10,000 (11,000) (1,000)            
Common distributions         (79,916,000) (248,000)   (79,668,000) (782,000) (78,886,000)
Ending Balance at Sep. 30, 2023 $ 512,430,000 1,053,000 992,901,000 490,671,000            
Ending balance at Sep. 30, 2023         512,430,000 0 (17,770,000) 512,430,000 4,644,000 525,556,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Common dividends (in dollars per share) $ 0.7100                  
Beginning balance at Jun. 30, 2023         507,743,000 0 (14,160,000) 507,743,000 4,503,000 517,400,000
Beginning Balance at Jun. 30, 2023 $ 507,743,000 1,052,000 986,472,000 485,909,000            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net income (loss) 28,877,000     27,624,000 28,877,000 0   28,877,000 289,000 28,588,000
Other comprehensive income (loss) (3,610,000)     (3,453,000) (3,610,000)   (3,610,000) (3,610,000)    
Compensation under Incentive Award Plan 3,459,000   3,459,000 3,459,000 3,459,000     3,459,000   3,459,000
Issuance of common units upon exercise of options 610,000   610,000 610,000 610,000     610,000   610,000
Issuance of partner units 2,471,000 1,000 2,470,000 2,471,000 2,471,000     2,471,000 122,000 2,349,000
Withholding of common units for employee income taxes (120,000) 0 (120,000) (120,000) (120,000)     (120,000)   (120,000)
Common distributions         (27,000,000) 0   (27,000,000) (270,000) (26,730,000)
Ending Balance at Sep. 30, 2023 $ 512,430,000 1,053,000 992,901,000 490,671,000            
Ending balance at Sep. 30, 2023         512,430,000 0 (17,770,000) 512,430,000 4,644,000 525,556,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Common dividends (in dollars per share) $ 0.245                  
Beginning Balance at Dec. 31, 2023         591,313,000          
Beginning balance at Dec. 31, 2023         591,313,000 0 (24,793,000) 591,313,000 5,776,000 610,330,000
Beginning Balance at Dec. 31, 2023 $ 591,313,000 1,088,000 1,079,387,000 566,785,000            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net income (loss) 75,151,000     72,109,000 75,151,000 (80,000)   75,231,000 754,000 74,477,000
Other comprehensive income (loss) (4,058,000)     (3,899,000) (4,058,000)   (4,058,000) (4,058,000)    
Compensation under Incentive Award Plan 9,159,000   9,159,000 9,159,000 9,159,000     9,159,000   9,159,000
Issuance of common units upon exercise of options 1,166,000   1,166,000 1,166,000 1,166,000     1,166,000   1,166,000
Issuance of partner units 24,070,000 8,000 24,062,000   24,070,000     24,070,000   24,070,000
Withholding of common units for employee income taxes (10,665,000) (3,000) (10,662,000) (10,665,000) (10,665,000)     (10,665,000)   (10,665,000)
Contributions from noncontrolling interests 80,000       80,000 80,000        
Grant of restricted common share awards by the Company   8,000 (8,000)   0          
Common distributions         (93,584,000)     (93,584,000) (931,000) (92,653,000)
Ending Balance at Sep. 30, 2024 $ 592,632,000 1,102,000 1,102,443,000 568,294,000            
Ending Balance at Sep. 30, 2024         592,632,000 0 (28,851,000) 592,632,000 5,599,000 615,884,000
Ending balance at Sep. 30, 2024         592,632,000 0 (28,851,000) 592,632,000 5,599,000 615,884,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Common dividends (in dollars per share) $ 0.81                  
Beginning balance at Jun. 30, 2024         577,580,000 0 (21,818,000) 577,580,000 5,656,000 593,742,000
Beginning Balance at Jun. 30, 2024 $ 577,580,000 1,094,000 1,075,902,000 553,740,000            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net income (loss) 25,930,000     24,856,000 25,930,000 0   25,930,000 259,000 25,671,000
Other comprehensive income (loss) (7,033,000)     (6,751,000) (7,033,000)   (7,033,000) (7,033,000)    
Compensation under Incentive Award Plan 2,901,000   2,901,000 2,901,000 2,901,000     2,901,000   2,901,000
Issuance of common units upon exercise of options 633,000   633,000 633,000 633,000     633,000   633,000
Issuance of partner units 24,070,000 8,000 24,062,000 24,070,000 24,070,000     24,070,000   24,070,000
Forfeiture of restricted common share awards         0          
Withholding of common units for employee income taxes     (141,000)   (141,000)     (141,000)   (141,000)
Common distributions         (31,308,000) 0   (31,308,000) (316,000) (30,992,000)
Ending Balance at Sep. 30, 2024 $ 592,632,000 $ 1,102,000 $ 1,102,443,000 $ 568,294,000            
Ending Balance at Sep. 30, 2024         592,632,000 0 (28,851,000) 592,632,000 5,599,000 615,884,000
Ending balance at Sep. 30, 2024         $ 592,632,000 $ 0 $ (28,851,000) $ 592,632,000 $ 5,599,000 $ 615,884,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Common dividends (in dollars per share) $ 0.275