Accumulated Other Comprehensive Income of the Company
The following table presents changes in the balances of each component of accumulated comprehensive income for the three months ended March 31, 2014 (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Tanger Factory Outlet Centers, Inc. Accumulated Other Comprehensive Income |
|
Noncontrolling Interest in Operating Partnership Accumulated Other Comprehensive Income |
|
|
Foreign Currency |
|
Cash flow hedges |
|
Total |
|
Foreign Currency |
|
Cash flow hedges |
|
Total |
Balance December 31, 2013 |
|
(4,590 |
) |
|
2,162 |
|
|
(2,428 |
) |
|
(254 |
) |
|
(39 |
) |
|
(293 |
) |
Amortization of cash flow hedges |
|
— |
|
|
(91 |
) |
|
(91 |
) |
|
— |
|
|
(5 |
) |
|
(5 |
) |
Unrealized loss on foreign currency translation adjustments |
|
(2,692 |
) |
|
— |
|
|
(2,692 |
) |
|
(148 |
) |
|
— |
|
|
(148 |
) |
Change in fair value of cash flow hedges |
|
— |
|
|
(304 |
) |
|
(304 |
) |
|
— |
|
|
(16 |
) |
|
(16 |
) |
Balance March 31, 2014 |
|
$ |
(7,282 |
) |
|
$ |
1,767 |
|
|
$ |
(5,515 |
) |
|
$ |
(402 |
) |
|
$ |
(60 |
) |
|
$ |
(462 |
) |
The following table presents changes in the balances of each component of accumulated comprehensive income for the three months ended March 31, 2013 (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Tanger Factory Outlet Centers, Inc. Accumulated Other Comprehensive Income |
|
Noncontrolling Interest in Operating Partnership Accumulated Other Comprehensive Income |
|
|
Foreign Currency |
|
Cash flow hedges |
|
Total |
|
Foreign Currency |
|
Cash flow hedges |
|
Total |
Balance December 31, 2012 |
|
(5 |
) |
|
1,205 |
|
|
1,200 |
|
|
— |
|
|
(93 |
) |
|
(93 |
) |
Amortization of cash flow hedges |
|
— |
|
|
(86 |
) |
|
(86 |
) |
|
— |
|
|
(4 |
) |
|
(4 |
) |
Unrealized loss on foreign currency translation adjustments |
|
65 |
|
|
— |
|
|
65 |
|
|
3 |
|
|
— |
|
|
3 |
|
Balance March 31, 2013 |
|
$ |
60 |
|
|
$ |
1,119 |
|
|
$ |
1,179 |
|
|
$ |
3 |
|
|
$ |
(97 |
) |
|
$ |
(94 |
) |
The following represents amounts reclassified out of accumulated other comprehensive income into earnings during the three months ended March 31, 2014 and March 31, 2013, respectively:
|
|
|
|
|
|
|
|
|
|
|
|
Details about Accumulated Other Comprehensive Income Components |
|
Amount Reclassified from Accumulated Other Comprehensive Income |
|
Affected Line Item in Statement of Operations |
|
|
Three months ended |
|
|
|
|
March 31, |
|
|
|
|
2014 |
|
2013 |
|
|
Amortization of cash flow hedges |
|
$ |
(91 |
) |
|
$ |
(86 |
) |
|
Interest expense |
|