v3.25.1
TANGER FACTORY OUTLET CENTERS, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY - USD ($)
$ in Thousands
Total
Tanger Properties Limited Partnership
Tanger Properties Limited Partnership
Equity attributable to Tanger Factory Outlet Centers, Inc.
Tanger Properties Limited Partnership
Accumulated other comprehensive loss
Tanger Properties Limited Partnership
Noncontrolling Interests
Noncontrolling interests in Operating Partnership
Tanger Properties Limited Partnership
Equity attributable to Tanger Factory Outlet Centers, Inc.
Common shares
Paid in capital
Accumulated distributions in excess of earnings
Accumulated other comprehensive loss
Noncontrolling Interests
Noncontrolling interests in Operating Partnership
Noncontrolling Interests
Noncontrolling interests in other consolidated partnerships
Beginning Balance at Dec. 31, 2023 $ 591,313           $ 566,785 $ 1,088 $ 1,079,387 $ (490,171) $ (23,519) $ 24,528 $ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Net income (loss) 23,306 $ 23,306 $ 23,386   $ (80) $ 23,150 22,413     22,413   973 (80)
Other comprehensive income (loss) 2,335 2,335 2,335 $ 2,335     2,239       2,239 96  
Compensation under Incentive Award Plan 3,571 3,571 3,571     3,571 3,571   3,571        
Issuance of common shares upon exercise of options 438 438 438     438 438   438        
Grant of restricted common shares awards, net of forfeitures 0           0 8 (8)        
Issuance of deferred shares 0             1 (1)        
Withholding of common shares for employee income taxes (10,524) (10,524) (10,524)     (10,524) (10,524) (3) (10,521)        
Adjustment for noncontrolling interests in other consolidated partnerships 80           447   447     (447) 80
Common dividends (29,572)           (29,572)     (29,572)   0  
Common distributions   $ (30,796) (30,796)     (30,497)              
Distributions to noncontrolling interests (1,224)                     (1,224) 0
Ending Balance at Mar. 31, 2024 $ 579,723           555,797 1,094 1,073,313 (497,330) (21,280) 23,926 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Grant of restricted common share awards, net of forfeitures (in units) 788,531 788,531                      
Beginning Balance at Dec. 31, 2024 $ 679,674           652,370 1,127 1,190,745 (511,815) (27,687) 27,304 $ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Net income (loss) 19,999 $ 19,999 19,999     19,787 19,201     19,201   798  
Other comprehensive income (loss) (1,882) (1,882) (1,882) $ (1,882)     (1,808)       (1,808) (74)  
Compensation under Incentive Award Plan 2,959 2,959 2,959     2,959 2,959   2,959        
Issuance of common shares upon exercise of options 38 38 38     38 38   38        
Grant of restricted common shares awards, net of forfeitures 0 0           6 (6)        
Withholding of common shares for employee income taxes (7,261) (7,261) (7,261)     (7,261) (7,261) (2) (7,259)        
Adjustment for noncontrolling interests in other consolidated partnerships 0           628   628     (628)  
Common dividends (32,232)           (32,232)     (32,232)      
Common distributions   $ (33,514) $ (33,514)     $ (33,170)              
Distributions to noncontrolling interests (1,282)                     (1,282)  
Ending Balance at Mar. 31, 2025 $ 660,013           $ 633,895 1,132 1,187,104 $ (524,846) $ (29,495) $ 26,118  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Grant of restricted common share awards, net of forfeitures (in units) 595,924 595,924                      
Stock Issued During Period, Value, Conversion of Units               $ 1 $ (1)