Schedule of Accumulated Other Comprehensive Income (Loss) |
The following table presents changes in the balances of each component of accumulated comprehensive income for the three and nine months ended September 30, 2014 (in thousands):
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|
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 June 30, 2014 |
|
$ |
(3,974 |
) |
|
$ |
709 |
|
|
$ |
(3,265 |
) |
|
$ |
(222 |
) |
|
$ |
(118 |
) |
|
$ |
(340 |
) |
Amortization of cash flow hedges |
|
— |
|
|
(94 |
) |
|
(94 |
) |
|
— |
|
|
(5 |
) |
|
(5 |
) |
Unrealized loss on foreign currency translation adjustments |
|
(4,926 |
) |
|
— |
|
|
(4,926 |
) |
|
(268 |
) |
|
— |
|
|
(268 |
) |
Change in fair value of cash flow hedges |
|
— |
|
|
903 |
|
|
903 |
|
|
— |
|
|
49 |
|
|
49 |
|
Balance September 30, 2014 |
|
$ |
(8,900 |
) |
|
$ |
1,518 |
|
|
$ |
(7,382 |
) |
|
$ |
(490 |
) |
|
$ |
(74 |
) |
|
$ |
(564 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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 |
|
— |
|
|
(278 |
) |
|
(278 |
) |
|
— |
|
|
(15 |
) |
|
(15 |
) |
Unrealized loss on foreign currency translation adjustments |
|
(4,310 |
) |
|
— |
|
|
(4,310 |
) |
|
(236 |
) |
|
— |
|
|
(236 |
) |
Change in fair value of cash flow hedges |
|
— |
|
|
(366 |
) |
|
(366 |
) |
|
— |
|
|
(20 |
) |
|
(20 |
) |
Balance September 30, 2014 |
|
$ |
(8,900 |
) |
|
$ |
1,518 |
|
|
$ |
(7,382 |
) |
|
$ |
(490 |
) |
|
$ |
(74 |
) |
|
$ |
(564 |
) |
The following table presents changes in the balances of each component of accumulated comprehensive income for the three and nine months ended September 30, 2013 (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
|
|
|
|
|
|
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 June 30, 2013 |
|
$ |
312 |
|
|
$ |
1,031 |
|
|
$ |
1,343 |
|
|
$ |
15 |
|
|
$ |
(101 |
) |
|
$ |
(86 |
) |
Amortization of cash flow hedges |
|
— |
|
|
(89 |
) |
|
(89 |
) |
|
— |
|
|
(5 |
) |
|
(5 |
) |
Unrealized loss on foreign currency translation adjustments |
|
(75 |
) |
|
— |
|
|
(75 |
) |
|
(4 |
) |
|
— |
|
|
(4 |
) |
Balance September 30, 2013 |
|
$ |
237 |
|
|
$ |
942 |
|
|
$ |
1,179 |
|
|
$ |
11 |
|
|
$ |
(106 |
) |
|
$ |
(95 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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 |
|
— |
|
|
(263 |
) |
|
(263 |
) |
|
— |
|
|
(13 |
) |
|
(13 |
) |
Unrealized gain on foreign currency translation adjustments |
|
119 |
|
|
— |
|
|
119 |
|
|
5 |
|
|
— |
|
|
5 |
|
Realized loss on foreign currency |
|
123 |
|
|
— |
|
|
123 |
|
|
6 |
|
|
— |
|
|
6 |
|
Balance September 30, 2013 |
|
$ |
237 |
|
|
$ |
942 |
|
|
$ |
1,179 |
|
|
$ |
11 |
|
|
$ |
(106 |
) |
|
$ |
(95 |
) |
|
Reclassification out of Accumulated Other Comprehensive Income |
The following represents amounts reclassified out of accumulated other comprehensive income into earnings during the three and nine months ended September 30, 2014 and September 30, 2013, respectively (in thousands):
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Details about Accumulated Other Comprehensive Income Components |
|
Amount Reclassified from Accumulated Other Comprehensive Income |
|
Affected Line Item in Statement of Operations |
|
|
Three months ended |
|
Nine months ended |
|
|
|
|
September 30, |
|
September 30, |
|
|
|
|
2014 |
|
2013 |
|
2014 |
|
2013 |
|
|
Amortization of cash flow hedges |
|
$ |
(94 |
) |
|
$ |
(89 |
) |
|
$ |
(278 |
) |
|
$ |
(263 |
) |
|
Interest expense |
Realized loss on foreign currency |
|
$ |
— |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
123 |
|
|
Interest expense |
|