Quarterly report pursuant to Section 13 or 15(d)

Accumulated Other Comprehensive Income (Loss) of the Company

v3.10.0.1
Accumulated Other Comprehensive Income (Loss) of the Company
9 Months Ended
Sep. 30, 2018
Tanger Factory Outlet Centers, Inc. [Member]  
Accumulated Other Comprehensive Income (Loss) [Line Items]  
Accumulated Other Comprehensive Income (Loss) of the Company
Accumulated Other Comprehensive Income (Loss) of the Company

The following table presents changes in the balances of each component of accumulated comprehensive income (loss) for the three and nine months ended September 30, 2018 (in thousands):
 
 

 
 
Tanger Factory Outlet Centers, Inc. Accumulated Other Comprehensive Income (Loss)
 
Noncontrolling Interest in Operating Partnership Accumulated Other Comprehensive Income (Loss)
 
 
Foreign Currency
 
Cash flow hedges
 
Total
 
Foreign Currency
 
Cash flow hedges
 
Total
Balance June 30, 2018
 
$
(29,198
)
 
$
8,476

 
$
(20,722
)
 
$
(1,588
)
 
$
451

 
$
(1,137
)
Other comprehensive income before reclassifications
 
1,823

 
1,013

 
2,836

 
98

 
54

 
152

Reclassification out of accumulated other comprehensive income into interest expense
 

 
(527
)
 
(527
)
 

 
(28
)
 
(28
)
Balance September 30, 2018
 
$
(27,375
)
 
$
8,962

 
$
(18,413
)
 
$
(1,490
)
 
$
477

 
$
(1,013
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Tanger Factory Outlet Centers, Inc. Accumulated Other Comprehensive Income (Loss)
 
Noncontrolling Interest in Operating Partnership Accumulated Other Comprehensive Income (Loss)
 
 
Foreign Currency
 
Cash flow hedges
 
Total
 
Foreign Currency
 
Cash flow hedges
 
Total
Balance December 31, 2017
 
$
(24,360
)
 
$
5,075

 
$
(19,285
)
 
$
(1,329
)
 
$
269

 
$
(1,060
)
Other comprehensive income (loss) before reclassifications
 
(3,015
)
 
5,267

 
2,252

 
(161
)
 
282

 
121

Reclassification out of accumulated other comprehensive income into interest expense
 

 
(1,380
)
 
(1,380
)
 

 
(74
)
 
(74
)
Balance September 30, 2018
 
$
(27,375
)
 
$
8,962

 
$
(18,413
)
 
$
(1,490
)
 
$
477

 
$
(1,013
)

The following table presents changes in the balances of each component of accumulated comprehensive income (loss) for the three and nine months ended September 30, 2017 (in thousands):
 
 

 
 
Tanger Factory Outlet Centers, Inc. Accumulated Other Comprehensive Income (Loss)
 
Noncontrolling Interest in Operating Partnership Accumulated Other Comprehensive Income (Loss)
 
 
Foreign Currency
 
Cash flow hedges
 
Total
 
Foreign Currency
 
Cash flow hedges
 
Total
Balance June 30, 2017
 
$
(28,209
)
 
$
3,962

 
$
(24,247
)
 
$
(1,534
)
 
$
209

 
$
(1,325
)
Other comprehensive income before reclassifications
 
4,497

 
89

 
4,586

 
240

 
5

 
245

Reclassification out of accumulated other comprehensive income into interest expense
 

 
(52
)
 
(52
)
 

 
(3
)
 
(3
)
Balance September 30, 2017
 
$
(23,712
)
 
$
3,999

 
$
(19,713
)
 
$
(1,294
)
 
$
211

 
$
(1,083
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Tanger Factory Outlet Centers, Inc. Accumulated Other Comprehensive Income (Loss)
 
Noncontrolling Interest in Operating Partnership Accumulated Other Comprehensive Income (Loss)
 
 
Foreign Currency
 
Cash flow hedges
 
Total
 
Foreign Currency
 
Cash flow hedges
 
Total
Balance December 31, 2016
 
$
(32,087
)
 
$
3,792

 
$
(28,295
)
 
$
(1,740
)
 
$
201

 
$
(1,539
)
Other comprehensive income (loss) before reclassifications
 
8,375

 
(154
)
 
8,221

 
446

 
(9
)
 
437

Reclassification out of accumulated other comprehensive income into interest expense
 

 
361

 
361

 

 
19

 
19

Balance September 30, 2017
 
$
(23,712
)
 
$
3,999

 
$
(19,713
)
 
$
(1,294
)
 
$
211

 
$
(1,083
)


We expect within the next twelve months to reclassify into earnings as a decrease to interest expense approximately $3.1 million of the amounts recorded within accumulated other comprehensive income related to the interest rate swap agreements in effect as of September 30, 2018.