Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS (USD $)
Dec. 31, 2013
Dec. 31, 2012
Tanger Factory Outlet Centers, Inc [Member]
    
ASSETS    
Land $ 230,415,000 $ 148,002,000
Buildings, improvements and fixtures 2,009,971,000 1,796,042,000
Construction in progress 9,433,000 3,308,000
Real Estate Investment Property, at Cost, Total 2,249,819,000 1,947,352,000
Accumulated depreciation (654,631,000) (582,859,000)
Total rental property, net 1,595,188,000 1,364,493,000
Cash and cash equivalents 15,241,000 10,335,000
Investments in unconsolidated joint ventures 140,214,000 126,632,000
Deferred lease costs and other intangibles, net 163,581,000 107,415,000
Deferred debt origination costs, net 10,818,000 9,083,000
Prepaids and other assets 81,414,000 60,842,000
Total assets 2,006,456,000 1,678,800,000
LIABILITIES AND EQUITY    
Senior, unsecured notes (net of discount of $5,752 and $1,967, respectively) 794,248,000 548,033,000
Unsecured term loans (net of discount of $396 and $547, respectively) 267,104,000 259,453,000
Mortgages payable (including premiums of $3,799 and $6,362, respectively) 250,497,000 107,745,000
Unsecured lines of credit 16,200,000 178,306,000
Total debt 1,328,049,000 1,093,537,000
Construction trade payables 9,776,000 7,084,000
Accounts payable and accrued expenses 49,686,000 41,149,000
Deferred financing obligation 28,388,000 0
Other liabilities 32,962,000 23,155,000
Total liabilities 1,448,861,000 1,164,925,000
Commitments and contingencies 0 0
Common shares, $.01 par value, 300,000,000 authorized, 94,505,685 and 94,061,384 shares issued and outstanding at December 31, 2013 and 2012, respectively 945,000 941,000
Paid in capital 788,984,000 766,056,000
Accumulated distributions in excess of net income (265,242,000) (285,588,000)
Accumulated other comprehensive (loss) income (2,428,000) 1,200,000
Equity attributable to Tanger Factory Outlet Centers, Inc. 522,259,000 482,609,000
Noncontrolling interests in Operating Partnership 28,432,000 24,432,000
Noncontrolling interests in other consolidated partnerships 6,904,000 6,834,000
Total equity 557,595,000 513,875,000
Total liabilities and equity 2,006,456,000 1,678,800,000
Tanger Properties Limited Partnership [Member]
    
ASSETS    
Land 230,415,000 148,002,000
Buildings, improvements and fixtures 2,009,971,000 1,796,042,000
Construction in progress 9,433,000 3,308,000
Real Estate Investment Property, at Cost, Total 2,249,819,000 1,947,352,000
Accumulated depreciation (654,631,000) (582,859,000)
Total rental property, net 1,595,188,000 1,364,493,000
Cash and cash equivalents 14,984,000 10,295,000
Investments in unconsolidated joint ventures 140,214,000 126,632,000
Deferred lease costs and other intangibles, net 163,581,000 107,415,000
Deferred debt origination costs, net 10,818,000 9,083,000
Prepaids and other assets 81,165,000 60,408,000
Total assets 2,005,950,000 1,678,326,000
LIABILITIES AND EQUITY    
Senior, unsecured notes (net of discount of $5,752 and $1,967, respectively) 794,248,000 548,033,000
Unsecured term loans (net of discount of $396 and $547, respectively) 267,104,000 259,453,000
Mortgages payable (including premiums of $3,799 and $6,362, respectively) 250,497,000 107,745,000
Unsecured lines of credit 16,200,000 178,306,000
Total debt 1,328,049,000 1,093,537,000
Construction trade payables 9,776,000 7,084,000
Accounts payable and accrued expenses 49,180,000 40,675,000
Deferred financing obligation 28,388,000 0
Other liabilities 32,962,000 23,155,000
Total liabilities 1,448,355,000 1,164,451,000
Commitments and contingencies 0 0
General partner, 1,000,000 units outstanding at December 31, 2013 and 2012 4,988,000 4,720,000
Limited partners, 5,145,012 and 4,761,864 Class A units and 93,505,685 and 93,061,384 Class B units outstanding at December 31, 2013 and 2012, respectively 548,424,000 501,214,000
Accumulated other comprehensive (loss) income (2,721,000) 1,107,000
Total partners' equity 550,691,000 507,041,000
Noncontrolling interests in other consolidated partnerships 6,904,000 6,834,000
Total equity 557,595,000 513,875,000
Total liabilities and equity $ 2,005,950,000 $ 1,678,326,000