Quarterly report pursuant to Section 13 or 15(d)

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

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TANGER FACTORY OUTLET CENTERS, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY - USD ($)
$ in Thousands
Total
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, 2020 $ 358,883 $ 341,390 $ 936 $ 787,143 $ (420,104) $ (26,585) $ 17,493 $ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) (4,133) (3,968)     (3,968)   (165)  
Other comprehensive income 6,205 5,899       5,899 306  
Compensation under Incentive Award Plan 9,686 9,686   9,686        
Issuance of common shares upon exercise of options 188 188   188        
Grant of restricted common shares awards, net of forfeitures 0   5 (5)        
Issuance of common shares 186,969 186,969 100 186,869        
Withholding of common shares for employee income taxes (1,787) (1,787) (1) (1,786)        
Adjustment for noncontrolling interests in Operating Partnership 0 (6,958)   (6,958)     6,958  
Common dividends (72,423) (72,423)     (72,423)      
Distributions to noncontrolling interests (3,428)           (3,428)  
Ending Balance at Sep. 30, 2021 480,160 458,996 1,040 975,137 (496,495) (20,686) 21,164 0
Beginning Balance at Jun. 30, 2021 523,485 500,334 1,036 966,409 (448,368) (18,743) 23,151 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) (11,071) (10,579)     (10,579)   (492)  
Other comprehensive income (2,034) (1,943)       (1,943) (91)  
Compensation under Incentive Award Plan 3,012 3,012   3,012        
Issuance of common shares upon exercise of options 99 99   99        
Issuance of common shares 6,093 6,093 4 6,089        
Withholding of common shares for employee income taxes (150) (150)   (150)        
Adjustment for noncontrolling interests in Operating Partnership 0 (322)   (322)     322  
Common dividends (37,548) (37,548)     (37,548)      
Distributions to noncontrolling interests (1,726)           (1,726)  
Ending Balance at Sep. 30, 2021 480,160 458,996 1,040 975,137 (496,495) (20,686) 21,164 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Grant of restricted common shares awards, net of forfeitures 0              
Ending 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 (loss) 66,626 63,699     63,699   2,927  
Other comprehensive income 6,807 6,508       6,508 299  
Compensation under Incentive Award Plan 10,102 10,102   10,102        
Issuance of common shares upon exercise of options 43 43   43        
Grant of restricted common shares awards, net of forfeitures 0   4 (4)        
Withholding of common shares for employee income taxes (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 (loss) 24,345 23,276     23,276   1,069  
Other comprehensive income (1,917) (1,833)       (1,833) (84)  
Compensation under Incentive Award Plan 3,057 3,057   3,057        
Issuance of common shares upon exercise of options 28 28   28        
Withholding of common shares for employee income taxes (538) (538) (1) (537)        
Adjustment for noncontrolling interests in Operating Partnership 0 159   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