Quarterly report pursuant to Section 13 or 15(d)

Accumulated Other Comprehensive Income (Loss) of the Company (Tables)

v3.21.2
Accumulated Other Comprehensive Income (Loss) of the Company (Tables)
 6 Months Ended
Jun. 30, 2021
Tanger Factory Outlet Centers, Inc. [Member]  
Accumulated Other Comprehensive Income (Loss) [Line Items]  
Schedule of Accumulated Other Comprehensive Income (Loss)
The following table presents changes in the balances of each component of accumulated other comprehensive loss for the three and six months ended June 30, 2021 (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 March 31, 2021 $ (18,984) $ (1,284) $ (20,268) $ (1,057) $ (77) $ (1,134)
Other comprehensive income (loss) before reclassifications 1,299  (86) 1,213  66  (5) 61 
Reclassification out of accumulated other comprehensive income (loss) into interest expense —  312  312  —  16  16 
Balance June 30, 2021 $ (17,685) $ (1,058) $ (18,743) $ (991) $ (66) $ (1,057)
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, 2020 $ (23,399) $ (3,186) $ (26,585) $ (1,281) $ (173) $ (1,454)
Other comprehensive income before reclassifications 2,251  1,422  3,673  123  71  194 
Reclassification out of accumulated other comprehensive income (loss) into other income (expense) for foreign currency and interest expense for cash flow hedges 3,463  706  4,169  167  36  203 
Balance June 30, 2021 $ (17,685) $ (1,058) $ (18,743) $ (991) $ (66) $ (1,057)
The following table presents changes in the balances of each component of accumulated other comprehensive loss for the three and six months ended June 30, 2020 (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 March 31, 2020 $ (32,437) $ (5,791) $ (38,228) $ (1,759) $ (310) $ (2,069)
Other comprehensive income (loss) before reclassifications 3,188  (1,565) 1,623  169  (83) 86 
Reclassification out of accumulated other comprehensive income (loss) into other income (expense) for interest expense for cash flow hedges —  1,092  1,092  —  58  58 
Balance June 30, 2020 $ (29,249) $ (6,264) $ (35,513) $ (1,590) $ (335) $ (1,925)
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, 2019 $ (25,094) $ (401) $ (25,495) $ (1,369) $ (24) $ (1,393)
Other comprehensive loss before reclassifications (4,155) (6,953) (11,108) (221) (369) (590)
Reclassification out of accumulated other comprehensive income (loss) for interest expense for cash flow hedges —  1,090  1,090  —  58  58 
Balance June 30, 2020
 $ (29,249) $ (6,264) $ (35,513) $ (1,590) $ (335) $ (1,925)