Company Info

As Reported Financials

As Reported Financials

Source Document Currency Code (in thousands) 2019 Q1 YTD 3/31/2019 USD 2018 Y 3/31/2019 USD 2017 Y 12/31/2018 USD 2016 Y 12/31/2017 USD 2015 Y 12/31/2016 USD
Source Document Currency Code 2019 Q1 YTD 3/31/2019 USD 2018 Y 3/31/2019 USD 2017 Y 12/31/2018 USD 2016 Y 12/31/2017 USD 2015 Y 12/31/2016 USD

Assets

Rental property

Land 267,910 278,428 279,978 272,153 240,267
Buildings, improvements and fixtures 2,639,764 2,764,649 2,793,638 2,647,477 2,249,417
Construction in progress 0 3,102 14,854 46,277 23,533
Total 2,907,674 3,046,179 3,088,470 2,965,907 2,513,217
Accumulated depreciation (941,193) (981,305) (901,967) (814,583) (748,341)
Total rental property, net 1,966,481 2,064,874 2,186,503 2,151,324 1,764,876
Cash and cash equivalents 1,616 9,083 6,101 12,222 21,558
Restricted cash NA NA NA NA 121,306
Investments in unconsolidated joint ventures 97,654 95,969 119,436 128,104 201,083
Deferred lease costs and other intangibles, net 106,170 116,874 132,061 151,579 127,089
Operating lease right-of-use assets 87,679 0 NA NA NA
Prepaids and other assets 94,224 98,102 96,004 82,985 78,913
Total assets 2,353,824 2,384,902 2,540,105 2,526,214 2,314,825

Liabilities and Equity

Liabilities

Debt
Senior, unsecured notes, net 1,137,145 1,136,663 1,134,755 1,135,309 789,285
Unsecured term loan, net 346,950 346,799 322,975 322,410 265,832
Mortgages payable, net 86,572 87,471 99,761 172,145 310,587
Unsecured lines of credit, net 12,117 141,985 206,160 58,002 186,220
Total debt 1,582,784 1,712,918 1,763,651 1,687,866 1,551,924
Accounts payable and accrued expenses 87,536 82,676 90,416 78,143 97,396
Deferred financing obligation NA NA NA NA 28,388
Operating lease liabilities 92,354 0 NA NA NA
Other liabilities 87,707 83,773 73,736 54,764 31,085
Total liabilities 1,850,381 1,879,367 1,927,803 1,820,773 1,708,793

Equity

Tanger Factory Outlet Centers, Inc.
Common shares 941 939 946 961 959
Paid in capital 780,936 778,845 784,782 820,251 806,379
Accumulated distributions in excess of net income (276,491) (272,454) (184,865) (122,701) (195,486)
Accumulated other comprehensive loss (27,153) (27,151) (19,285) (28,295) (36,715)
Equity attributable to Tanger Factory Outlet Centers, Inc. 478,233 480,179 581,578 670,216 575,137
Equity attributable to noncontrolling interests
Noncontrolling interests in Operating Partnership 25,210 25,356 30,724 35,066 30,309
Noncontrolling interests in other consolidated partnerships 0 0 0 159 586
Total equity 503,443 505,535 612,302 705,441 606,032
Total liabilities and equity 2,353,824 2,384,902 2,540,105 2,526,214 2,314,825
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.