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 $ 42,281 42,281 42,281   425 41,856
Other comprehensive income (loss) 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
Withholding of common units for employee income taxes (3,203) (3,203) (3,203)     (3,203)
Grant of restricted common share awards by the Company 0 0 0     0
Common distributions   (42,076) (42,076)   (421) (41,655)
Ending Balance at Jun. 30, 2022     512,575 0 4,543 518,081
Balance, partners' capital, including portion attributable to noncontrolling interest at Jun. 30, 2022   512,575        
Beginning Balance at Mar. 31, 2022     510,577   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 (loss) (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          
Withholding of common units for employee income taxes (1,057) (1,057) (1,057)     (1,057)
Grant of restricted common share awards by the Company   5 5     5
Common distributions   (21,892) (21,892)   (220) (21,672)
Ending Balance at Jun. 30, 2022     512,575 0 4,543 518,081
Balance, partners' capital, including portion attributable to noncontrolling interest at Jun. 30, 2022   512,575        
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 50,160 50,160 49,912 248 499 49,413
Other comprehensive income (loss) (2,410) (2,410) (2,410)      
Compensation under Incentive Award Plan 5,775 5,775 5,775     5,775
Issuance of common units upon exercise of options 43 43 43     43
Withholding of common units for employee income taxes (6,843) (6,843) (6,843)     (6,843)
Grant of restricted common share awards by the Company (1) 0        
Common distributions   (52,916) (52,668) (248) (512) (52,156)
Ending Balance at Jun. 30, 2023   507,743 507,743 0 4,503 517,400
Balance, partners' capital, including portion attributable to noncontrolling interest at Jun. 30, 2023   507,743        
Beginning Balance at Mar. 31, 2023     506,306 0 4,520 516,800
Balance, partners' capital, including portion attributable to noncontrolling interest at Mar. 31, 2023   506,306        
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 25,300 25,300 25,300 0 253 25,047
Other comprehensive income (loss) 854 854 854      
Compensation under Incentive Award Plan 3,452 3,452 3,452     3,452
Issuance of common units upon exercise of options 28 28 28     28
Withholding of common units for employee income taxes $ (1,194) (1,194) (1,194)     (1,194)
Common distributions   (27,003) (27,003) 0 (270) (26,733)
Ending Balance at Jun. 30, 2023   507,743 $ 507,743 $ 0 $ 4,503 $ 517,400
Balance, partners' capital, including portion attributable to noncontrolling interest at Jun. 30, 2023   $ 507,743