| Schedule of Accumulated Other Comprehensive Income (Loss) |
The following table presents changes in the balances of each component of accumulated comprehensive income (loss) for the years ended December 31, 2023, 2022 and 2021 (in thousands):
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Tanger Inc. Accumulated Other Comprehensive Income (Loss) |
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Noncontrolling Interest in Operating Partnership Accumulated Other Comprehensive (Income) Loss |
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Foreign currency |
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Cash flow hedges |
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Total |
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Foreign currency |
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Cash flow hedges |
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Total |
| Balance December 31, 2020 |
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$ |
(23,399) |
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$ |
(3,186) |
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$ |
(26,585) |
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$ |
(1,281) |
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$ |
(173) |
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$ |
(1,454) |
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| Other comprehensive income (loss) before reclassifications |
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223 |
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3,776 |
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3,999 |
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30 |
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179 |
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209 |
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| Reclassification out of accumulated other comprehensive income (loss) into other income (expense) for foreign currency and interest expense for cash flow hedges |
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3,463 |
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1,362 |
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4,825 |
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167 |
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66 |
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233 |
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| Balance December 31, 2021 |
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(19,713) |
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1,952 |
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(17,761) |
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(1,084) |
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72 |
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(1,012) |
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| Other comprehensive income (loss) before reclassifications |
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(4,803) |
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14,997 |
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10,194 |
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(267) |
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725 |
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458 |
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| Reclassification out of accumulated other comprehensive income (loss) into interest expense |
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— |
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(3,470) |
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(3,470) |
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— |
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(159) |
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(159) |
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| Balance December 31, 2022 |
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(24,516) |
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13,479 |
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(11,037) |
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(1,351) |
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638 |
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(713) |
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| Other comprehensive income (loss) before reclassifications |
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1,431 |
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— |
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1,431 |
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58 |
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— |
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58 |
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Reclassification out of accumulated other comprehensive income (loss) into interest expense |
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— |
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(13,913) |
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(13,913) |
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— |
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(619) |
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(619) |
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| Balance December 31, 2023 |
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$ |
(23,085) |
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$ |
(434) |
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$ |
(23,519) |
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$ |
(1,293) |
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$ |
19 |
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$ |
(1,274) |
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