Company Info

As Reported Financials

As Reported Financials

Source Document Currency Code (in thousands) 2016 Q3 YTD 9/30/2016 USD 2015 Y 9/30/2016 USD 2014 Y 12/31/2015 USD 2013 Y 12/31/2014 USD 2012 Y 12/31/2013 USD
Source Document Currency Code 2016 Q3 YTD 9/30/2016 USD 2015 Y 9/30/2016 USD 2014 Y 12/31/2015 USD 2013 Y 12/31/2014 USD 2012 Y 12/31/2013 USD

Assets

Rental property

Land 262,240 240,267 217,994 230,415 148,002
Buildings, improvements and fixtures 2,553,564 2,249,417 1,947,083 2,009,971 1,796,042
Construction in progress 92,937 23,533 98,526 9,433 3,308
Total 2,908,741 2,513,217 2,263,603 2,249,819 1,947,352
Accumulated depreciation (792,272) (748,341) (662,236) (654,631) (582,859)
Total rental property, net 2,116,469 1,764,876 1,601,367 1,595,188 1,364,493
Cash and cash equivalents 25,902 21,558 16,875 15,241 10,335
Restricted cash 2,936 121,306 0 NA NA
Rental property held for sale NA NA 46,005 0 NA
Investments in unconsolidated joint ventures 170,855 201,083 208,050 140,214 126,632
Deferred lease costs and other intangibles, net 156,496 127,089 140,883 163,581 107,415
Deferred debt origination costs, net NA NA 12,126 10,818 9,083
Prepaids and other assets 88,261 78,913 72,354 81,414 60,842
Total assets 2,560,919 2,314,825 2,097,660 2,006,456 1,678,800

Liabilities and Equity

Liabilities

Debt
Senior, unsecured notes, net 1,037,073 789,285 793,574 794,248 548,033
Unsecured term loans, net 322,195 265,832 267,259 267,104 259,453
Mortgages payable, net 172,647 310,587 271,361 250,497 107,745
Unsecured lines of credit, net 192,731 186,220 111,000 16,200 178,306
Total debt 1,724,646 1,551,924 1,443,194 1,328,049 1,093,537
Construction trade payables NA NA NA NA 7,084
Accounts payable and accrued expenses 78,542 97,396 69,558 59,462 41,149
Deferred financing obligation 0 28,388 28,388 28,388 0
Other liabilities 52,079 31,085 32,634 32,962 23,155
Total liabilities 1,855,267 1,708,793 1,573,774 1,448,861 1,164,925
Commitments and contingencies 0 0 0 0 0

Equity

Tanger Factory Outlet Centers, Inc.
Common shares 961 959 955 945 941
Paid in capital 816,464 806,379 791,566 788,984 766,056
Accumulated distributions in excess of net income (115,565) (195,486) (281,679) (265,242) (285,588)
Accumulated other comprehensive loss (31,618) (36,715) (14,023) (2,428) 1,200
Equity attributable to Tanger Factory Outlet Centers, Inc. 670,242 575,137 496,819 522,259 482,609
Equity attributable to noncontrolling interests
Noncontrolling interests in Operating Partnership 35,250 30,309 26,417 28,432 24,432
Noncontrolling interests in other consolidated partnerships 160 586 650 6,904 6,834
Total equity 705,652 606,032 523,886 557,595 513,875
Total liabilities and equity 2,560,919 2,314,825 2,097,660 2,006,456 1,678,800
Data shown on this page is extracted directly from the company’s documents. S&P makes every effort to line up fields, captions and headers that represent the same data over time, despite variations in how the company may report these items in different documents. In certain instances the variation in the company’s presentation over time may be too significant, potentially resulting in repeating and/or disordered items. Despite possible issues with the presentation, S&P, as always, stands by its commitment to the quality of the data.