Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS (UNAUDITED)

v3.4.0.3
CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Tanger Factory Outlet Centers, Inc [Member]    
Rental property    
Land $ 235,622 $ 240,267
Buildings, improvements and fixtures 2,219,955 2,249,417
Construction in progress 42,287 23,533
Rental property, at cost, total 2,497,864 2,513,217
Accumulated depreciation (749,325) (748,341)
Total rental property, net 1,748,539 1,764,876
Cash and cash equivalents 18,877 21,558
Restricted cash 0 121,306
Investments in unconsolidated joint ventures 218,732 201,083
Deferred lease costs and other intangibles, net 123,404 127,089
Prepaids and other assets 81,054 78,913
Total assets 2,190,606 2,314,825
Debt    
Senior, unsecured notes, net 789,635 789,285
Unsecured term loans, net 258,540 265,832
Mortgages payable, net 167,603 310,587
Unsecured lines of credit, net 259,890 186,220
Total debt 1,475,668 1,551,924
Accounts payable and accrued expenses 67,608 97,396
Deferred financing obligation 0 28,388
Other liabilities 31,758 31,085
Total liabilities 1,575,034 1,708,793
Commitments and contingencies 0 0
Tanger Factory Outlet Centers, Inc.    
Common shares, $.01 par value, 300,000,000 shares authorized, 96,126,507 and 95,880,825 shares issued and outstanding at March 31, 2016 and December 31, 2015, respectively 961 959
Paid in capital 808,779 806,379
Accumulated distributions in excess of net income (195,654) (195,486)
Partners' Equity    
Accumulated other comprehensive loss (29,814) (36,715)
Equity attributable to Tanger Factory Outlet Centers, Inc. 584,272 575,137
Noncontrolling interests in Operating Partnership 30,711 30,309
Noncontrolling interests in other consolidated partnerships 589 586
Total equity 615,572 606,032
Total liabilities and equity 2,190,606 2,314,825
Tanger Properties Limited Partnership [Member]    
Rental property    
Land 235,622 240,267
Buildings, improvements and fixtures 2,219,955 2,249,417
Construction in progress 42,287 23,533
Rental property, at cost, total 2,497,864 2,513,217
Accumulated depreciation (749,325) (748,341)
Total rental property, net 1,748,539 1,764,876
Cash and cash equivalents 18,830 21,552
Restricted cash 0 121,306
Investments in unconsolidated joint ventures 218,732 201,083
Deferred lease costs and other intangibles, net 123,404 127,089
Prepaids and other assets 80,820 78,248
Total assets 2,190,325 2,314,154
Debt    
Senior, unsecured notes, net 789,635 789,285
Unsecured term loans, net 258,540 265,832
Mortgages payable, net 167,603 310,587
Unsecured lines of credit, net 259,890 186,220
Total debt [1] 1,475,668 1,551,924
Accounts payable and accrued expenses 67,327 96,725
Deferred financing obligation 0 28,388
Other liabilities 31,758 31,085
Total liabilities 1,574,753 1,708,122
Commitments and contingencies 0 0
Partners' Equity    
General partner, 1,000,000 units outstanding at March 31, 2016 and December 31, 2015 5,724 5,726
Limited partners, 5,052,743 Class A common units, and 95,126,507 and 94,880,825 Class B common units outstanding at March 31, 2016 and December 31, 2015, respectively 640,693 638,422
Accumulated other comprehensive loss (31,434) (38,702)
Total partners' equity 614,983 605,446
Noncontrolling interests in other consolidated partnerships 589 586
Total equity 615,572 606,032
Total liabilities and equity $ 2,190,325 $ 2,314,154
[1] Including premiums and net of debt discount and net debt origination costs.