CONSOLIDATED STATEMENT OF SHAREHOLDERS' EQUITY (USD $)
In Thousands, unless otherwise specified |
Tanger Factory Outlet Centers, Inc
|
Tanger Factory Outlet Centers, Inc
Total shareholders' equity [Member]
|
Tanger Factory Outlet Centers, Inc
Preferred shares [Member]
|
Tanger Factory Outlet Centers, Inc
Common shares [Member]
|
Tanger Factory Outlet Centers, Inc
Paid in capital [Member]
|
Tanger Factory Outlet Centers, Inc
Distributions in excess of earnings [Member]
|
Tanger Factory Outlet Centers, Inc
Accumulated Other Comprehensive Income (Loss) [Member]
|
Tanger Factory Outlet Centers, Inc
Noncontrolling interest in Operating Partnership [Member]
|
Tanger Factory Outlet Centers, Inc
Noncontrolling interest in other consolidated partnerships [Member]
|
Tanger Properties Limited Partnership
|
Tanger Properties Limited Partnership
Total shareholders' equity [Member]
|
Tanger Properties Limited Partnership
General Partner [Member]
|
Tanger Properties Limited Partnership
Limited Partner [Member]
|
Tanger Properties Limited Partnership
Accumulated Other Comprehensive Income (Loss) [Member]
|
Tanger Properties Limited Partnership
Noncontrolling interest in other consolidated partnerships [Member]
|
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Balance at Dec. 31, 2008 | $ 265,903 | $ 265,903 | $ (259) | $ 277,642 | $ (11,480) | $ 0 | |||||||||
Balance at Dec. 31, 2008 | 265,903 | 235,211 | 75,000 | 634 | 370,873 | (201,679) | (9,617) | 30,692 | 0 | ||||||
Comprehensive income: | |||||||||||||||
Net income | 67,495 | 58,019 | 0 | 0 | 0 | 58,019 | 0 | 9,476 | 0 | 67,495 | 67,495 | 525 | 66,970 | 0 | 0 |
Other comprehensive income (loss) | 4,485 | 3,808 | 0 | 0 | 0 | 0 | 3,808 | 677 | 0 | 4,485 | 4,485 | 0 | 0 | 4,485 | 0 |
Total comprehensive income | 71,980 | 61,827 | 0 | 0 | 0 | 58,019 | 3,808 | 10,153 | 0 | 71,980 | 71,980 | 525 | 66,970 | 4,485 | 0 |
Preferred Unit Distributions | (5,625) | (5,625) | 0 | (5,625) | 0 | 0 | |||||||||
Issuance of common shares, net of issuance costs | 116,819 | 116,819 | 0 | 69 | 116,750 | 0 | 0 | 0 | 0 | ||||||
Compensation under Incentive Award Plan | 11,798 | 11,798 | 0 | 0 | 11,798 | 0 | 0 | 0 | 0 | 11,798 | 11,798 | 0 | 11,798 | 0 | 0 |
Issuance of common units upon exercise of options | 1,747 | 1,747 | 0 | 1,747 | 0 | 0 | |||||||||
Grant of restricted units, net of forfeitures | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||
Issuance of common shares upon exercise of options | 1,747 | 1,747 | 0 | 2 | 1,745 | 0 | 0 | 0 | 0 | ||||||
Grant of restricted shares, net of forfeitures | 0 | 0 | 0 | 4 | (4) | 0 | 0 | 0 | 0 | ||||||
Adjustment for noncotrolling interest in Operating Partnership | 0 | (26,814) | 0 | 0 | (26,814) | 0 | 0 | 26,814 | 0 | ||||||
Preferred dividends | (5,625) | (5,625) | 0 | 0 | 0 | (5,625) | 0 | 0 | 0 | ||||||
Common distributions | 62,979 | 62,979 | 525 | 62,454 | 0 | 0 | |||||||||
Distribution to noncontrolling interests in Operating Partnerships | (9,267) | 0 | 0 | 0 | 0 | 0 | 0 | (9,267) | 0 | ||||||
Issuance of Units Upon Exchange of Convertible Debt | 121,420 | 121,420 | 0 | 121,420 | 0 | 0 | |||||||||
Stock Issued During Period, Value, Conversion of Convertible Securities | 121,420 | 121,420 | 0 | 97 | 121,323 | 0 | 0 | 0 | 0 | ||||||
Dividends, Common Stock, Cash | 53,712 | 53,712 | 0 | 0 | 0 | 53,712 | 0 | 0 | 0 | ||||||
Payments for Repurchase of Redeemable Preferred Stock | 0 | 0 | |||||||||||||
New unit issuance | 116,819 | 116,819 | 5,892 | 110,927 | 0 | 0 | |||||||||
Balance at Dec. 31, 2009 | 521,063 | 462,671 | 75,000 | 806 | 595,671 | (202,997) | (5,809) | 58,392 | 0 | ||||||
Balance at Dec. 31, 2009 | 521,063 | 521,063 | 5,633 | 522,425 | (6,995) | 0 | |||||||||
Comprehensive income: | |||||||||||||||
Net income | 3,003 | ||||||||||||||
Balance at Mar. 31, 2010 | |||||||||||||||
Balance at Dec. 31, 2009 | 521,063 | 521,063 | 5,633 | 522,425 | (6,995) | 0 | |||||||||
Balance at Dec. 31, 2009 | 521,063 | 462,671 | 75,000 | 806 | 595,671 | (202,997) | (5,809) | 58,392 | 0 | ||||||
Partners' Capital, Including Portion Attributable to Noncontrolling Interest | 421,895 | ||||||||||||||
Comprehensive income: | |||||||||||||||
Net income | 38,244 | 34,249 | 0 | 0 | 0 | 34,249 | 0 | 3,995 | 0 | 38,244 | 38,244 | 312 | 37,932 | 0 | 0 |
Other comprehensive income (loss) | 8,743 | 7,593 | 0 | 0 | 0 | 0 | 7,593 | 1,150 | 0 | 8,743 | 8,743 | 0 | 0 | 8,743 | 0 |
Total comprehensive income | 46,987 | 41,842 | 0 | 0 | 0 | 34,249 | 7,593 | 5,145 | 0 | 46,987 | 46,987 | 312 | 37,932 | 8,743 | 0 |
Preferred Unit Distributions | (6,219) | (6,219) | 0 | (6,219) | 0 | 0 | |||||||||
Compensation under Incentive Award Plan | 5,848 | 5,848 | 0 | 0 | 5,848 | 0 | 0 | 0 | 0 | 5,848 | 5,848 | 0 | 5,848 | 0 | 0 |
Issuance of common units upon exercise of options | 1,107 | 1,107 | 0 | 1,107 | 0 | 0 | |||||||||
Grant of restricted units, net of forfeitures | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||
Issuance of common shares upon exercise of options | 1,107 | 1,107 | 0 | 0 | 1,107 | 0 | 0 | 0 | 0 | ||||||
Grant of restricted shares, net of forfeitures | 0 | 0 | 0 | 4 | (4) | 0 | 0 | 0 | 0 | ||||||
Adjustment for noncotrolling interest in Operating Partnership | 0 | (802) | 0 | 0 | (802) | 0 | 0 | 802 | 0 | ||||||
Preferred dividends | (6,219) | (6,219) | 0 | 0 | 0 | (6,219) | 0 | 0 | 0 | ||||||
Common distributions | 71,891 | 71,891 | 724 | 71,167 | 0 | 0 | |||||||||
Distribution to noncontrolling interests in Operating Partnerships | (9,373) | 0 | 0 | 0 | 0 | 0 | 0 | (9,373) | 0 | ||||||
Dividends, Common Stock, Cash | 62,518 | 62,518 | 0 | 0 | 0 | 62,518 | 0 | 0 | 0 | ||||||
Payments for Repurchase of Redeemable Preferred Stock | (75,000) | (75,000) | 75,000 | 0 | (3,000) | 3,000 | 0 | 0 | 0 | (75,000) | (75,000) | 0 | 75,000 | 0 | 0 |
Balance at Dec. 31, 2010 | 421,895 | 366,929 | 0 | 810 | 604,359 | (240,024) | 1,784 | 54,966 | 0 | ||||||
Balance at Dec. 31, 2010 | 421,895 | 421,895 | 5,221 | 414,926 | 1,748 | 0 | |||||||||
Balance at Sep. 30, 2010 | |||||||||||||||
Comprehensive income: | |||||||||||||||
Net income | 15,096 | ||||||||||||||
Balance at Dec. 31, 2010 | 421,895 | ||||||||||||||
Comprehensive income: | |||||||||||||||
Net income | 10,817 | ||||||||||||||
Balance at Mar. 31, 2011 | |||||||||||||||
Balance at Dec. 31, 2010 | 421,895 | 421,895 | 5,221 | 414,926 | 1,748 | 0 | |||||||||
Balance at Dec. 31, 2010 | 421,895 | 366,929 | 0 | 810 | 604,359 | (240,024) | 1,784 | 54,966 | 0 | ||||||
Partners' Capital, Including Portion Attributable to Noncontrolling Interest | 528,432 | ||||||||||||||
Comprehensive income: | |||||||||||||||
Net income | 50,989 | 44,641 | 0 | 0 | 0 | 44,641 | 0 | 6,356 | (8) | 50,989 | 50,997 | 524 | 50,473 | 0 | (8) |
Other comprehensive income (loss) | (285) | (249) | 0 | 0 | 0 | 0 | (249) | (36) | 0 | (285) | (285) | 0 | 0 | (285) | 0 |
Total comprehensive income | 50,704 | 44,392 | 0 | 0 | 0 | 44,641 | (249) | 6,320 | (8) | 50,704 | 50,712 | 524 | 50,473 | (285) | (8) |
Issuance of common shares, net of issuance costs | 117,375 | 117,375 | 0 | 46 | 117,329 | 0 | 0 | 0 | |||||||
Compensation under Incentive Award Plan | 7,291 | 7,291 | 0 | 0 | 7,291 | 0 | 0 | 0 | 0 | 7,291 | 7,291 | 0 | 7,291 | 0 | 0 |
Issuance of common units upon exercise of options | 353 | 353 | 0 | 353 | 0 | 0 | |||||||||
Grant of restricted units, net of forfeitures | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||
Issuance of common shares upon exercise of options | 353 | 353 | 0 | 0 | 353 | 0 | 0 | 0 | |||||||
Grant of restricted shares, net of forfeitures | 0 | 0 | 0 | 3 | (3) | 0 | 0 | 0 | 0 | ||||||
Adjustment for noncotrolling interest in Operating Partnership | 0 | (9,242) | 0 | 0 | (9,242) | 0 | 0 | 9,242 | 0 | ||||||
Adjustment for noncontrolling interest in other consolidated partnerships | 6,845 | (6) | 0 | 0 | (6) | 0 | 0 | 0 | 6,851 | 6,845 | (6) | 0 | (6) | 0 | 6,851 |
Exchange of Operating Partnerships units for common shares | 0 | 0 | 0 | 7 | (7) | 0 | 0 | 0 | 0 | ||||||
Common distributions | 76,031 | 76,031 | 773 | 75,258 | 0 | 0 | |||||||||
Distribution to noncontrolling interests in Operating Partnerships | (9,501) | 0 | 0 | 0 | 0 | 0 | 0 | (9,501) | 0 | ||||||
Stock Issued During Period, Value, Conversion of Convertible Securities | 0 | 0 | 0 | 1 | (1) | 0 | 0 | 0 | 0 | ||||||
Dividends, Common Stock, Cash | 66,530 | 66,530 | 0 | 0 | 0 | 66,530 | 0 | 0 | 0 | ||||||
Payments for Repurchase of Redeemable Preferred Stock | 0 | 0 | |||||||||||||
New unit issuance | 117,375 | 117,375 | 0 | 117,375 | 0 | 0 | |||||||||
Balance at Dec. 31, 2011 | 528,432 | 460,562 | 0 | 867 | 720,073 | (261,913) | 1,535 | 61,027 | 6,843 | ||||||
Balance at Dec. 31, 2011 | 521,589 | 521,589 | 4,972 | 515,154 | 1,463 | 6,843 | |||||||||
Balance at Sep. 30, 2011 | |||||||||||||||
Comprehensive income: | |||||||||||||||
Net income | 15,138 | ||||||||||||||
Balance at Dec. 31, 2011 | $ 528,432 |