Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS (UNAUDITED)

v2.4.0.8
CONSOLIDATED BALANCE SHEETS (UNAUDITED) (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2014
Jun. 30, 2014
Dec. 31, 2013
Sep. 30, 2013
Jun. 30, 2013
Dec. 31, 2012
Tanger Factory Outlet Centers, Inc [Member]
            
Rental property            
Land $ 230,415   $ 230,415      
Buildings, improvements and fixtures 2,043,583   2,009,971      
Construction in progress 75,000   9,433      
Real estate investment property, at cost, total 2,348,998   2,249,819      
Accumulated depreciation (708,515)   (654,631)      
Total rental property, net 1,640,483   1,595,188      
Cash and cash equivalents 10,824   15,241 10,482   10,335
Investments in unconsolidated joint ventures 249,659   140,214      
Deferred lease costs and other intangibles, net 146,642   163,581      
Deferred debt origination costs, net 9,794   10,818      
Prepaids and other assets 82,715   81,414      
Total assets 2,140,117   2,006,456      
Debt            
Senior, unsecured notes (net of discount of $5,271 and $5,752, respectively) 794,729   794,248      
Unsecured term loans (net of discount of $281 and $396, respectively) 267,219   267,104      
Mortgages payable (including premiums of $3,224 and $3,799, respectively) 247,240   250,497      
Unsecured lines of credit 139,800   16,200      
Total debt 1,448,988   1,328,049      
Construction trade payables 23,216   9,776      
Accounts payable and accrued expenses 56,011   49,686      
Deferred financing obligation 28,388   28,388      
Other liabilities 29,300   32,962      
Total liabilities 1,585,903   1,448,861      
Commitments and contingencies 0   0      
Common shares, $.01 par value, 300,000,000 shares authorized, 95,898,445 and 94,505,685 shares issued and outstanding at September 30, 2014 and December 31, 2013, respectively 959   945      
Paid in capital 801,363   788,984      
Accumulated distributions in excess of net income (276,218)   (265,242)      
Accumulated other comprehensive loss (7,382)   (2,428)      
Equity attributable to Tanger Factory Outlet Centers, Inc. 518,722   522,259      
Noncontrolling interests in Operating Partnership 27,595   28,432      
Noncontrolling interests in other consolidated partnerships 7,897   6,904      
Total equity 554,214   557,595 560,957   513,875
Total liabilities and equity 2,140,117   2,006,456      
Tanger Properties Limited Partnership [Member]
            
Rental property            
Land 230,415   230,415      
Buildings, improvements and fixtures 2,043,583   2,009,971      
Construction in progress 75,000   9,433      
Real estate investment property, at cost, total 2,348,998   2,249,819      
Accumulated depreciation (708,515)   (654,631)      
Total rental property, net 1,640,483   1,595,188      
Cash and cash equivalents 10,816   14,984 10,458   10,295
Investments in unconsolidated joint ventures 249,659   140,214      
Deferred lease costs and other intangibles, net 146,642   163,581      
Deferred debt origination costs, net 9,794   10,818      
Prepaids and other assets 82,121   81,165      
Total assets 2,139,515   2,005,950      
Debt            
Senior, unsecured notes (net of discount of $5,271 and $5,752, respectively) 794,729   794,248      
Unsecured term loans (net of discount of $281 and $396, respectively) 267,219   267,104      
Mortgages payable (including premiums of $3,224 and $3,799, respectively) 247,240   250,497      
Unsecured lines of credit 139,800   16,200      
Total debt 1,448,988   1,328,049      
Construction trade payables 23,216   9,776      
Accounts payable and accrued expenses 55,409   49,180      
Deferred financing obligation 28,388   28,388      
Other liabilities 29,300   32,962      
Total liabilities 1,585,301   1,448,355      
Commitments and contingencies 0   0      
General partner, 1,000,000 units outstanding at September 30, 2014 and December 31, 2013 4,883   4,988      
Limited partners, 5,101,681 and 5,145,012 Class A units and 94,898,445 and 93,505,685 Class B units outstanding at September 30,2014 and December 31, 2013, respectively 549,380   548,424      
Accumulated other comprehensive loss (7,946) (3,605) (2,721) 1,084 1,257 1,107
Total partners' equity 546,317   550,691      
Noncontrolling interests in other consolidated partnerships 7,897   6,904      
Total equity 554,214   557,595 560,957   513,875
Total liabilities and equity $ 2,139,515   $ 2,005,950