Company Info

As Reported Financials

As Reported Financials

Source Document Currency Code (in thousands) 2017 Q2 YTD 6/30/2017 USD 2016 Y 6/30/2017 USD 2015 Y 12/31/2016 USD 2014 Y 12/31/2015 USD 2013 Y 12/31/2014 USD
Source Document Currency Code 2017 Q2 YTD 6/30/2017 USD 2016 Y 6/30/2017 USD 2015 Y 12/31/2016 USD 2014 Y 12/31/2015 USD 2013 Y 12/31/2014 USD

Assets

Rental property

Land 262,166 272,153 240,267 217,994 230,415
Buildings, improvements and fixtures 2,651,419 2,647,477 2,249,417 1,947,083 2,009,971
Construction in progress 94,490 46,277 23,533 98,526 9,433
Total 3,008,075 2,965,907 2,513,217 2,263,603 2,249,819
Accumulated depreciation (849,652) (814,583) (748,341) (662,236) (654,631)
Total rental property, net 2,158,423 2,151,324 1,764,876 1,601,367 1,595,188
Cash and cash equivalents 8,362 12,222 21,558 16,875 15,241
Restricted cash NA NA 121,306 0 NA
Rental property held for sale NA NA NA 46,005 0
Investments in unconsolidated joint ventures 131,172 128,104 201,083 208,050 140,214
Deferred lease costs and other intangibles, net 139,675 151,579 127,089 140,883 163,581
Deferred debt origination costs, net NA NA NA 12,126 10,818
Prepaids and other assets 91,861 82,985 78,913 72,354 81,414
Total assets 2,529,493 2,526,214 2,314,825 2,097,660 2,006,456

Liabilities and Equity

Liabilities

Debt
Senior, unsecured notes, net 1,136,296 1,135,309 789,285 793,574 794,248
Unsecured term loan, net 322,793 322,410 265,832 267,259 267,104
Mortgages payable, net 171,215 172,145 310,587 271,361 250,497
Unsecured lines of credit, net 98,698 58,002 186,220 111,000 16,200
Total debt 1,729,002 1,687,866 1,551,924 1,443,194 1,328,049
Accounts payable and accrued expenses 71,383 78,143 97,396 69,558 59,462
Deferred financing obligation NA NA 28,388 28,388 28,388
Other liabilities 67,979 54,764 31,085 32,634 32,962
Total liabilities 1,868,364 1,820,773 1,708,793 1,573,774 1,448,861
Commitments and contingencies NA NA NA 0 0

Equity

Tanger Factory Outlet Centers, Inc.
Common shares 950 961 959 955 945
Paid in capital 787,255 820,251 806,379 791,566 788,984
Accumulated distributions in excess of net income (136,225) (122,701) (195,486) (281,679) (265,242)
Accumulated other comprehensive loss (24,247) (28,295) (36,715) (14,023) (2,428)
Equity attributable to Tanger Factory Outlet Centers, Inc. 627,733 670,216 575,137 496,819 522,259
Equity attributable to noncontrolling interests
Noncontrolling interests in Operating Partnership 33,237 35,066 30,309 26,417 28,432
Noncontrolling interests in other consolidated partnerships 159 159 586 650 6,904
Total equity 661,129 705,441 606,032 523,886 557,595
Total liabilities and equity 2,529,493 2,526,214 2,314,825 2,097,660 2,006,456
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.