Quarterly report pursuant to Section 13 or 15(d)

Accumulated Other Comprehensive Income of the Company

v2.4.0.8
Accumulated Other Comprehensive Income of the Company (Tanger Factory Outlet Centers, Inc [Member])
6 Months Ended
Jun. 30, 2014
Tanger Factory Outlet Centers, Inc [Member]
 
Accumulated Other Comprehensive Income (Loss) [Line Items]  
Accumulated Other Comprehensive Income of the Company
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 and six months ended June 30, 2014 (in thousands):
 
 
Three months ended
 
 
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 March 31, 2014
 
$
(7,282
)
 
$
1,767

 
$
(5,515
)
 
$
(402
)
 
$
(60
)
 
$
(462
)
Amortization of cash flow hedges
 

 
(93
)
 
(93
)
 

 
(5
)
 
(5
)
Unrealized gains on foreign currency translation adjustments
 
3,308

 

 
3,308

 
180

 

 
180

Change in fair value of cash flow hedges
 

 
(965
)
 
(965
)
 

 
(53
)
 
(53
)
Balance June 30, 2014
 
$
(3,974
)
 
$
709

 
$
(3,265
)
 
$
(222
)
 
$
(118
)
 
$
(340
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Six months ended
 
 
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
 

 
(184
)
 
(184
)
 

 
(10
)
 
(10
)
Unrealized gains on foreign currency translation adjustments
 
616

 

 
616

 
32

 

 
32

Change in fair value of cash flow hedges
 

 
(1,269
)
 
(1,269
)
 

 
(69
)
 
(69
)
Balance June 30, 2014
 
$
(3,974
)
 
$
709

 
$
(3,265
)
 
$
(222
)
 
$
(118
)
 
$
(340
)

The following table presents changes in the balances of each component of accumulated comprehensive income for the three and six months ended June 30, 2013 (in thousands):
 
 
Three months ended
 
 
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 March 31, 2013
 
$
60

 
$
1,119

 
$
1,179

 
$
3

 
$
(97
)
 
$
(94
)
Amortization of cash flow hedges
 

 
(88
)
 
(88
)
 

 
(4
)
 
(4
)
Unrealized gains on foreign currency translation adjustments
 
129

 

 
129

 
6

 

 
6

Realized loss on foreign currency
 
123

 

 
123

 
6

 

 
6

Balance June 30, 2013
 
$
312

 
$
1,031

 
$
1,343

 
$
15

 
$
(101
)
 
$
(86
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Six months ended
 
 
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
 

 
(174
)
 
(174
)
 

 
(8
)
 
(8
)
Unrealized gains on foreign currency translation adjustments
 
194

 

 
194

 
9

 

 
9

Realized loss on foreign currency
 
123

 

 
123

 
6

 

 
6

Balance June 30, 2013
 
$
312

 
$
1,031

 
$
1,343

 
$
15

 
$
(101
)
 
$
(86
)


The following represents amounts reclassified out of accumulated other comprehensive income into earnings during the three and six months ended June 30, 2014 and June 30, 2013, respectively (in thousands):
Details about Accumulated Other Comprehensive Income Components
 
Amount Reclassified from Accumulated Other Comprehensive Income
 
Affected Line Item in Statement of Operations
 
 
Three months ended
 
Six months ended
 
 
 
 
June 30,
 
June 30,
 
 
 
 
2014
 
2013
 
2014
 
2013
 
 
Amortization of cash flow hedges
 
$
(93
)
 
$
(88
)
 
$
(184
)
 
$
(174
)
 
Interest expense
Realized loss on foreign currency
 
$

 
$
123

 
$

 
$
123

 
Interest expense