Tanger Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS (USD $)	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Rental property
Rental property held for sale	$ 46,005,000
Tanger Factory Outlet Centers, Inc [Member]
Rental property
Land	217,994,000	230,415,000
Buildings, improvements and fixtures	1,947,083,000	2,009,971,000
Construction in progress	98,526,000	9,433,000
Real Estate Investment Property, at Cost, Total	2,263,603,000	2,249,819,000
Accumulated depreciation	(662,236,000)	(654,631,000)
Total rental property, net	1,601,367,000	1,595,188,000
Cash and cash equivalents	16,875,000	15,241,000	10,335,000	7,894,000
Rental property held for sale	46,005,000	0
Investments in unconsolidated joint ventures	208,050,000	140,214,000
Deferred lease costs and other intangibles, net	140,883,000	163,581,000
Deferred debt origination costs, net	12,126,000	10,818,000
Prepaids and other assets	72,354,000	81,414,000
Total assets	2,097,660,000	2,006,456,000
Debt
Senior, unsecured notes (net of discount of $6,426 and $5,752, respectively)	793,574,000	794,248,000
Unsecured term loans (net of discount of $241 and $396, respectively)	267,259,000	267,104,000
Mortgages payable (including premiums of $3,031 and $3,799, respectively)	271,361,000	250,497,000
Unsecured lines of credit	111,000,000	16,200,000
Total debt	1,443,194,000	1,328,049,000
Accounts payable and accrued expenses	69,558,000	59,462,000
Deferred financing obligation	28,388,000	28,388,000
Other liabilities	32,634,000	32,962,000
Total liabilities	1,573,774,000	1,448,861,000
Commitments and contingencies	0	0
Common shares, $.01 par value, 300,000,000 authorized, 95,509,781 and 94,505,685 shares issued and outstanding at December 31, 2014 and 2013, respectively	955,000	945,000
Paid in capital	791,566,000	788,984,000
Accumulated distributions in excess of net income	(281,679,000)	(265,242,000)
Accumulated other comprehensive loss	(14,023,000)	(2,428,000)
Equity attributable to Tanger Factory Outlet Centers, Inc.	496,819,000	522,259,000
Noncontrolling interests in Operating Partnership	26,417,000	28,432,000
Noncontrolling interests in other consolidated partnerships	650,000	6,904,000
Total equity	523,886,000	557,595,000	513,875,000	528,432,000
Total liabilities and equity	2,097,660,000	2,006,456,000
Tanger Properties Limited Partnership [Member]
Rental property
Land	217,994,000	230,415,000
Buildings, improvements and fixtures	1,947,083,000	2,009,971,000
Construction in progress	98,526,000	9,433,000
Real Estate Investment Property, at Cost, Total	2,263,603,000	2,249,819,000
Accumulated depreciation	(662,236,000)	(654,631,000)
Total rental property, net	1,601,367,000	1,595,188,000
Cash and cash equivalents	15,806,000	14,984,000	10,295,000	7,866,000
Rental property held for sale	46,005,000	0
Investments in unconsolidated joint ventures	208,050,000	140,214,000
Deferred lease costs and other intangibles, net	140,883,000	163,581,000
Deferred debt origination costs, net	12,126,000	10,818,000
Prepaids and other assets	71,848,000	81,165,000
Total assets	2,096,085,000	2,005,950,000
Debt
Senior, unsecured notes (net of discount of $6,426 and $5,752, respectively)	793,574,000	794,248,000
Unsecured term loans (net of discount of $241 and $396, respectively)	267,259,000	267,104,000
Mortgages payable (including premiums of $3,031 and $3,799, respectively)	271,361,000	250,497,000
Unsecured lines of credit	111,000,000	16,200,000
Total debt	1,443,194,000	1,328,049,000
Accounts payable and accrued expenses	67,983,000	58,956,000
Deferred financing obligation	28,388,000	28,388,000
Other liabilities	32,634,000	32,962,000
Total liabilities	1,572,199,000	1,448,355,000
Commitments and contingencies	0	0
General partner, 1,000,000 units outstanding at December 31, 2014 and 2013	4,828,000	4,988,000
Limited partners, 5,078,406 and 5,145,012 Class A units and 94,509,781 and 93,505,685 Class B units outstanding at December 31, 2014 and 2013, respectively	533,199,000	548,424,000
Accumulated other comprehensive loss	(14,791,000)	(2,721,000)	1,107,000	1,463,000
Total partners' equity	523,236,000	550,691,000
Noncontrolling interests in other consolidated partnerships	650,000	6,904,000
Total equity	523,886,000	557,595,000	513,875,000	528,432,000
Total liabilities and equity	$ 2,096,085,000	$ 2,005,950,000