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
Accumulated other comprehensive loss
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, 2020     $ 358,883 $ (28,039) $ 0 $ 3,334 $ 383,588
Balance, partners' capital, including portion attributable to noncontrolling interest at Dec. 31, 2020   $ 358,883          
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income $ 6,938 6,938 6,938     74 6,864
Other comprehensive income 8,239 8,239 8,239 8,239      
Compensation under Incentive Award Plan 6,674 6,674 6,674       6,674
Issuance of common units upon exercise of options 89 89 89       89
Issuance of common units 180,876 180,876 180,876     1,874 179,002
Grant of restricted common share awards by the Company 0 0          
Withholding of common units for employee income taxes $ (1,637) (1,637) (1,637)       (1,637)
Common distributions   (36,577) (36,577)     (373) (36,204)
Ending Balance at Jun. 30, 2021     523,485 (19,800) 0 4,909 538,376
Balance, partners' capital, including portion attributable to noncontrolling interest at Jun. 30, 2021   $ 523,485          
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Issuance of common units upon exercise of stock options 15,500 15,500          
Issuance of shares (in shares) 9,677,581 9,677,581          
Common distributions (in dollars per share)   $ 0.3550          
Grant of restricted common share awards, net of forfeitures (in units) 469,675 469,675          
Withholding of common shares for employee income taxes (in shares) 111,977 111,977          
Beginning Balance at Mar. 31, 2021     483,014 (21,402) 0 5,077 499,339
Balance, partners' capital, including portion attributable to noncontrolling interest at Mar. 31, 2021   $ 483,014          
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income $ 2,596 2,596 2,596     27 2,569
Other comprehensive income 1,602 1,602 1,602 1,602      
Compensation under Incentive Award Plan 2,765 2,765 2,765       2,765
Issuance of common units upon exercise of options 89 89 89       89
Issuance of common units $ 52,221 52,221 52,221       52,221
Common distributions   (18,802) (18,802)     (195) (18,607)
Ending Balance at Jun. 30, 2021     523,485 (19,800) 0 4,909 538,376
Balance, partners' capital, including portion attributable to noncontrolling interest at Jun. 30, 2021   $ 523,485          
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Issuance of common units upon exercise of stock options 15,500 15,500          
Issuance of shares (in shares) 2,810,503 2,810,503          
Common distributions (in dollars per share)   $ 0.1775          
Beginning Balance at Dec. 31, 2021   $ 499,789 499,789 (18,773) 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 $ 42,281 42,281 42,281     425 41,856
Other comprehensive income 8,724 8,724 8,724 8,724      
Compensation under Incentive Award Plan 7,045 7,045 7,045       7,045
Issuance of common units upon exercise of options 15 15 15       15
Grant of restricted common share awards by the Company 0 0          
Withholding of common units for employee income taxes $ (3,203) (3,203) (3,203)       (3,203)
Common distributions   (42,076) (42,076)     (421) (41,655)
Ending Balance at Jun. 30, 2022   512,575 512,575 (10,049) 0 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]              
Issuance of common units upon exercise of stock options 2,700 2,700          
Issuance of shares (in shares) 0            
Common distributions (in dollars per share)   $ 0.3825          
Grant of restricted common share awards, net of forfeitures (in units) 499,336 499,336          
Withholding of common shares for employee income taxes (in shares) 191,978 191,978          
Beginning Balance at Mar. 31, 2022     510,577 (9,873) 0 8,650 511,800
Balance, partners' capital, including portion attributable to noncontrolling interest at Mar. 31, 2022   $ 510,577          
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income $ 20,819 20,819 20,819     (3,887) 24,706
Other comprehensive income (176) (176) (176) (176)      
Compensation under Incentive Award Plan 4,299 4,299 4,299       4,299
Issuance of common units upon exercise of options 5            
Grant of restricted common share awards by the Company   5 5       5
Forfeiture of restricted common share awards 0            
Withholding of common units for employee income taxes $ (1,057) (1,057) (1,057)       (1,057)
Common distributions   (21,892) (21,892)     (220) (21,672)
Ending Balance at Jun. 30, 2022   512,575 $ 512,575 $ (10,049) $ 0 $ 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]              
Issuance of common units upon exercise of stock options 800            
Issuance of shares (in shares) 0            
Common distributions (in dollars per share)   $ 0.20          
Grant of restricted common share awards, net of forfeitures (in units)   800          
Withholding of common shares for employee income taxes (in shares) 62,007 62,007