Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED BALANCE SHEETS

v3.6.0.2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Tanger Factory Outlet Centers, Inc [Member]    
Rental property:    
Land $ 272,153 $ 240,267
Buildings, improvements and fixtures 2,647,477 2,249,417
Construction in progress 46,277 23,533
Total rental property, at cost 2,965,907 2,513,217
Accumulated depreciation (814,583) (748,341)
Total rental property, net 2,151,324 1,764,876
Cash and cash equivalents 12,222 21,558
Restricted cash 0 121,306
Investments in unconsolidated joint ventures 128,104 201,083
Deferred lease costs and other intangibles, net 151,579 127,089
Prepaids and other assets 82,985 78,913
Total assets 2,526,214 2,314,825
Debt:    
Senior, unsecured notes, net 1,135,309 789,285
Unsecured term loans, net 322,410 265,832
Mortgages payable, net 172,145 310,587
Unsecured lines of credit, net 58,002 186,220
Total debt 1,687,866 1,551,924
Accounts payable and accrued expenses 78,143 97,396
Deferred financing obligation 0 28,388
Other liabilities 54,764 31,085
Total liabilities 1,820,773 1,708,793
Commitments and contingencies (Note 23)
Tanger Factory Outlet Centers, Inc.    
Common shares, $.01 par value, 300,000,000 shares authorized, 96,095,891 and 95,880,825 shares issued and outstanding at December 31, 2016 and 2015, respectively 961 959
Paid in capital 820,251 806,379
Accumulated distributions in excess of net income (122,701) (195,486)
Partners' Equity    
Accumulated other comprehensive loss (28,295) (36,715)
Equity attributable to Tanger Factory Outlet Centers, Inc. 670,216 575,137
Noncontrolling interests in Operating Partnership 35,066 30,309
Noncontrolling interests in other consolidated partnerships 159 586
Total equity 705,441 606,032
Total liabilities and equity 2,526,214 2,314,825
Tanger Properties Limited Partnership [Member]    
Rental property:    
Land 272,153 240,267
Buildings, improvements and fixtures 2,647,477 2,249,417
Construction in progress 46,277 23,533
Total rental property, at cost 2,965,907 2,513,217
Accumulated depreciation (814,583) (748,341)
Total rental property, net 2,151,324 1,764,876
Cash and cash equivalents 12,199 21,552
Restricted cash 0 121,306
Investments in unconsolidated joint ventures 128,104 201,083
Deferred lease costs and other intangibles, net 151,579 127,089
Prepaids and other assets 82,481 78,248
Total assets 2,525,687 2,314,154
Debt:    
Senior, unsecured notes, net 1,135,309 789,285
Unsecured term loans, net 322,410 265,832
Mortgages payable, net 172,145 310,587
Unsecured lines of credit, net 58,002 186,220
Total debt 1,687,866 1,551,924
Accounts payable and accrued expenses 77,616 96,725
Deferred financing obligation 0 28,388
Other liabilities 54,764 31,085
Total liabilities 1,820,246 1,708,122
Commitments and contingencies (Note 23)
Partners' Equity    
General partner, 1,000,000 units outstanding at December 31, 2016 and 2015 6,485 5,726
Limited partners, 5,027,781 and 5,052,743 Class A units and 95,095,891 and 94,880,825 Class B units outstanding at December 31, 2016 and 2015, respectively 728,631 638,422
Accumulated other comprehensive loss (29,834) (38,702)
Total partners' equity 705,282 605,446
Noncontrolling interests in other consolidated partnerships 159 586
Total equity 705,441 606,032
Total liabilities and equity $ 2,525,687 $ 2,314,154