Tanger Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS (UNAUDITED)

CONSOLIDATED BALANCE SHEETS (UNAUDITED) (USD $) In Thousands, unless otherwise specified	Mar. 31, 2015	Dec. 31, 2014	Mar. 31, 2014	Dec. 31, 2013
Rental property
Rental property held for sale	$ 46,530	$ 46,005
Tanger Factory Outlet Centers, Inc [Member]
Rental property
Land	217,994	217,994
Buildings, improvements and fixtures	1,950,092	1,947,083
Construction in progress	154,328	98,526
Rental property, at cost, total	2,322,414	2,263,603
Accumulated depreciation	(680,739)	(662,236)
Total rental property, net	1,641,675	1,601,367
Cash and cash equivalents	14,661	16,875	16,906	15,241
Rental property held for sale	46,530	46,005
Investments in unconsolidated joint ventures	205,083	208,050
Deferred lease costs and other intangibles, net	137,478	140,883
Deferred debt origination costs, net	11,606	12,126
Prepaids and other assets	71,924	72,354
Total assets	2,128,957	2,097,660
Debt
Senior, unsecured notes (net of discount of $6,259 and $6,426, respectively)	793,741	793,574
Unsecured term loans (net of discount of $202 and $241, respectively)	267,298	267,259
Mortgages payable (including premiums of $2,838 and $3,031, respectively)	285,068	271,361
Unsecured lines of credit	115,700	111,000
Total debt	1,461,807	1,443,194
Accounts payable and accrued expenses	80,835	69,558
Deferred financing obligation	28,388	28,388
Other liabilities	31,076	32,634
Total liabilities	1,602,106	1,573,774
Commitments and contingencies	0	0
Common shares, $.01 par value, 300,000,000 shares authorized, 95,836,347 and 95,509,781 shares issued and outstanding at March 31, 2015 and December 31, 2014, respectively	958	955
Paid in capital	794,652	791,566
Accumulated distributions in excess of net income	(270,124)	(281,679)
Accumulated other comprehensive loss	(25,755)	(14,023)
Equity attributable to Tanger Factory Outlet Centers, Inc.	499,731	496,819
Noncontrolling interests in Operating Partnership	26,481	26,417
Noncontrolling interests in other consolidated partnerships	639	650
Total equity	526,851	523,886	551,825	557,595
Total liabilities and equity	2,128,957	2,097,660
Tanger Properties Limited Partnership [Member]
Rental property
Land	217,994	217,994
Buildings, improvements and fixtures	1,950,092	1,947,083
Construction in progress	154,328	98,526
Rental property, at cost, total	2,322,414	2,263,603
Accumulated depreciation	(680,739)	(662,236)
Total rental property, net	1,641,675	1,601,367
Cash and cash equivalents	14,583	15,806	16,847	14,984
Rental property held for sale	46,530	46,005
Investments in unconsolidated joint ventures	205,083	208,050
Deferred lease costs and other intangibles, net	137,478	140,883
Deferred debt origination costs, net	11,606	12,126
Prepaids and other assets	71,475	71,848
Total assets	2,128,430	2,096,085
Debt
Senior, unsecured notes (net of discount of $6,259 and $6,426, respectively)	793,741	793,574
Unsecured term loans (net of discount of $202 and $241, respectively)	267,298	267,259
Mortgages payable (including premiums of $2,838 and $3,031, respectively)	285,068	271,361
Unsecured lines of credit	115,700	111,000
Total debt	1,461,807	1,443,194
Accounts payable and accrued expenses	80,308	67,983
Deferred financing obligation	28,388	28,388
Other liabilities	31,076	32,634
Total liabilities	1,601,579	1,572,199
Commitments and contingencies	0	0
General partner, 1,000,000 units outstanding at March 31, 2015 and December 31, 2014	4,948	4,828
Limited partners, 5,078,406 and 5,078,406 Class A units and 94,836,347 and 94,509,781 Class B units outstanding at March 31, 2015 and December 31, 2014, respectively	548,418	533,199
Accumulated other comprehensive loss	(27,154)	(14,791)	(5,977)	(2,721)
Total partners' equity	526,212	523,236
Noncontrolling interests in other consolidated partnerships	639	650
Total equity	526,851	523,886	551,825	557,595
Total liabilities and equity	$ 2,128,430	$ 2,096,085