Annual report pursuant to Section 13 and 15(d)

Accumulated Other Comprehensive Income (Loss) of the Operating Partnership

v3.6.0.2
Accumulated Other Comprehensive Income (Loss) of the Operating Partnership
 12 Months Ended
Dec. 31, 2016
Tanger Properties Limited Partnership [Member]  
Accumulated Other Comprehensive Income (Loss) of the Operating Partnership
Accumulated Other Comprehensive Income (Loss) of the Operating Partnership

The following table presents changes in the balances of each component of accumulated comprehensive income for the years ended December 31, 2016, 2015, and 2014 (in thousands):
 
 
Foreign currency
 
Cash flow hedges
 
Accumulated other comprehensive income (loss)
Balance December 31, 2013
 
$
(4,844
)
 
$
2,123

 
$
(2,721
)
Other comprehensive income (loss) before reclassifications
 
(10,042
)
 
(3,032
)
 
(13,074
)
Reclassification out of accumulated other comprehensive income into interest expense
 
—

 
1,004

 
1,004

Balance December 31, 2014
 
(14,886
)
 
95

 
(14,791
)
Other comprehensive income (loss) before reclassifications
 
(23,200
)
 
(2,401
)
 
(25,601
)
Reclassification out of accumulated other comprehensive income into interest expense
 
—

 
1,690

 
1,690

Balance December 31, 2015
 
(38,086
)
 
(616
)
 
(38,702
)
Other comprehensive income (loss) before reclassifications
 
4,259

 
2,674

 
6,933

Reclassification out of accumulated other comprehensive income into interest expense
 
—

 
1,935

 
1,935

Balance December 31, 2016
 
$
(33,827
)
 
$
3,993

 
$
(29,834
)


We expect within the next twelve months to reclassify into earnings as a decrease to interest expense approximately $1.1 million of the amounts recorded within accumulated other comprehensive income related to the interest rate swap agreements in effect and as of December 31, 2016.