v3.24.0.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenues:      
Rental revenues $ 438,889 $ 421,419 $ 407,766
Management, leasing and other services   6,833 6,411
Tanger Factory Outlet Centers, Inc. [Member]      
Revenues:      
Rental revenues 438,889 421,419 407,766
Management, leasing and other services 8,660 7,157 6,411
Other revenues 16,858 14,037 12,348
Total revenues 464,407 442,613 426,525
Expenses:      
Property operating 145,547 143,936 140,736
General and administrative 76,130 71,532 65,817
Impairment charges 0 0 6,989
Depreciation and amortization 108,889 111,904 110,008
Total expenses 330,566 327,372 323,550
Other income (expense):      
Interest expense (47,928) (46,967) (52,866)
Loss on early extinguishment of debt 0 (222) (47,860)
Gain on sale of assets 0 3,156 0
Other income (expense) 9,729 6,029 (1,595)
Total other income (expense) (38,199) (38,004) (102,321)
Income before equity in earnings of unconsolidated joint ventures 95,642 77,237 654
Equity in earnings of unconsolidated joint ventures 8,240 8,594 8,904
Net income 103,882 85,831 9,558
Noncontrolling interests in Operating Partnership (4,483) (3,768) (440)
Noncontrolling interests in other consolidated partnerships (248) 0 0
Net income (loss) attributable to Tanger Factory Outlet Centers, Inc. $ 99,151 $ 82,063 $ 9,118
Basic earnings per common share:      
Net income (loss) (in dollars per share) $ 0.94 $ 0.78 $ 0.08
Diluted earnings per common share:      
Net income (loss) (in dollars per share) $ 0.92 $ 0.77 $ 0.08
Tanger Properties Limited Partnership [Member]      
Revenues:      
Rental revenues $ 438,889 $ 421,419 $ 407,766
Management, leasing and other services 8,660 7,157 6,411
Other revenues 16,858 14,037 12,348
Total revenues 464,407 442,613 426,525
Expenses:      
Property operating 145,547 143,936 140,736
General and administrative 76,130 71,532 65,817
Impairment charges 0 0 6,989
Depreciation and amortization 108,889 111,904 110,008
Total expenses 330,566 327,372 323,550
Other income (expense):      
Interest expense (47,928) (46,967) (52,866)
Loss on early extinguishment of debt 0 (222) (47,860)
Gain on sale of assets 0 3,156 0
Other income (expense) 9,729 6,029 (1,595)
Total other income (expense) (38,199) (38,004) (102,321)
Income before equity in earnings of unconsolidated joint ventures 95,642 77,237 654
Equity in earnings of unconsolidated joint ventures 8,240 8,594 8,904
Net income 103,882 85,831 9,558
Noncontrolling interests in consolidated partnerships (248) 0 0
Net income (loss) attributable to Tanger Factory Outlet Centers, Inc. 103,634 85,831 9,558
Net income available to limited partners 102,588 84,971 9,458
Net income available to general partner $ 1,046 $ 860 $ 100
Basic earnings per common share:      
Net income (loss) (in dollars per share) $ 0.94 $ 0.78 $ 0.08
Diluted earnings per common share:      
Net income (loss) (in dollars per share) $ 0.92 $ 0.77 $ 0.08

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