v3.26.1
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 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 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, 2024 $ 679,674           $ 652,370 $ 1,127 $ 1,190,745 $ (511,815) $ (27,687) $ 27,304  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Net income (loss) 51,329 $ 51,329 $ 51,329   $ 0 $ 50,788 49,287     49,287   2,042  
Other comprehensive income (loss) (750) (750) (750) $ (750)     (721)       (721) (29)  
Compensation under Incentive Award Plan 6,332 6,332 6,332     6,332 6,332   6,332        
Issuance of common shares upon exercise of options 43 43 43     43 43   43        
Grant of restricted common shares awards, net of forfeitures   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 Interest In Operating Partnership 0           490   490     (490)  
Exchange of Operating Partnership units for common shares               1 (1)        
Common dividends (65,368)           (65,368)     (65,368)      
Distributions to noncontrolling interests (2,657)                     (2,657)  
Ending Balance at Jun. 30, 2025 661,342           635,172 1,132 1,190,344 (527,896) (28,408) 26,170 $ 0
Beginning Balance at Mar. 31, 2025 660,013           633,895 1,132 1,187,104 (524,846) (29,495) 26,118 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Net income (loss) 31,330 31,330 31,330   0 31,001 30,086     30,086   1,244  
Other comprehensive income (loss) 1,132 1,132 1,132 1,132     1,087       1,087 45  
Compensation under Incentive Award Plan 3,373 3,373 3,373     3,373 3,373   3,373        
Issuance of common shares upon exercise of options 5 5 5     5 5   5        
Adjustment For Noncontrolling Interest In Operating Partnership 0           (138)   (138)     138  
Common dividends (33,136)           (33,136)     (33,136)      
Distributions to noncontrolling interests (1,375)                     (1,375)  
Ending Balance at Jun. 30, 2025 661,342           635,172 1,132 1,190,344 (527,896) (28,408) 26,170 0
Beginning Balance at Dec. 31, 2025 735,104           706,483 1,151 1,262,920 (529,239) (28,349) 28,621 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Net income (loss) 64,016 64,016 64,016     63,350 61,502     61,502   2,514  
Other comprehensive income (loss) 5,593 5,593 5,593 5,593     5,373       5,373 220  
Compensation under Incentive Award Plan 7,363 7,363 7,363     7,363 7,363   7,363        
Issuance of common shares upon exercise of options 519 519 519     519 519   519        
Grant of restricted common shares awards, net of forfeitures 0 0         0 6 (6)        
Repurchase of common units, including transaction costs (20,000) (20,000) (20,000)     (20,000) (20,000) (6) (19,994)        
Capped call transaction premium (9,025) (9,025) (9,025)     (9,025) (9,025)   (9,025)        
Withholding of common shares for employee income taxes (8,274) (8,274) (8,274)     (8,274) (8,274) (2) (8,272)        
Common dividends (70,991)           (70,991)     (70,991)      
Distributions to noncontrolling interests (2,892)                     (2,892)  
Ending Balance at Jun. 30, 2026 701,413           673,968 1,149 1,234,523 (538,728) (22,976) 27,445 0
Beginning Balance at Mar. 31, 2026 697,782           670,475 1,149 1,230,945 (536,026) (25,593) 27,307 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Net income (loss) 34,599 34,599 34,599   $ 0 34,239 33,241     33,241   1,358 0
Other comprehensive income (loss) 2,725 2,725 2,725 $ 2,725     2,617       2,617 108  
Compensation under Incentive Award Plan 3,677 3,677 3,677     3,677 3,677   3,677        
Issuance of common shares upon exercise of options 88 $ 88 $ 88     $ 88 88   88        
Grant of restricted common shares awards, net of forfeitures 0           0 0 0        
Repurchase of common units, including transaction costs (20,000)                        
Adjustment For Noncontrolling Interest In Operating Partnership 0           (187)   (187)     187 0
Common dividends (35,943)           (35,943)     (35,943)   0  
Distributions to noncontrolling interests (1,515)                     (1,515) 0
Ending Balance at Jun. 30, 2026 $ 701,413           $ 673,968 $ 1,149 $ 1,234,523 $ (538,728) $ (22,976) $ 27,445 $ 0