Quarterly report pursuant to Section 13 or 15(d)

TANGER FACTORY OUTLET CENTERS, INC. AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS

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TANGER FACTORY OUTLET CENTERS, INC. AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Rental property:    
Land $ 277,041 $ 268,269
Buildings, improvements and fixtures 2,551,741 2,532,489
Construction in progress 14,133 0
Rental property, at cost, total 2,842,915 2,800,758
Accumulated depreciation (1,212,218) (1,145,388)
Total rental property, net 1,630,697 1,655,370
Cash and cash equivalents 180,708 161,255
Investments in unconsolidated joint ventures 74,703 82,647
Deferred lease costs and other intangibles, net 63,996 73,720
Operating lease right-of-use assets 78,933 79,807
Prepaids and other assets 128,652 104,585
Total assets 2,157,689 2,157,384
Debt:    
Senior, unsecured notes, net 1,037,541 1,036,181
Unsecured term loan, net 298,964 298,421
Mortgages payable, net 58,958 62,474
Unsecured lines of credit 0 0
Total debt 1,395,463 1,397,076
Accounts payable and accrued expenses 76,491 92,995
Operating lease liabilities 88,046 88,874
Other liabilities 82,030 78,650
Total liabilities 1,642,030 1,657,595
Commitments and contingencies
Tanger Factory Outlet Centers, Inc.:    
Common shares, $0.01 par value, 300,000,000 shares authorized, 104,346,428 and 104,084,734 shares issued and outstanding at September 30, 2022 and December 31, 2021, respectively 1,043 1,041
Paid in capital 984,540 978,054
Accumulated distributions in excess of net income  (480,904) (483,409)
Accumulated other comprehensive loss (11,253) (17,761)
Equity attributable to Tanger Factory Outlet Centers, Inc. 493,426 477,925
Noncontrolling interests in Operating Partnership 22,233 21,864
Noncontrolling interests in other consolidated partnerships 0 0
Total equity 515,659 499,789
Total liabilities and equity $ 2,157,689 $ 2,157,384