Company Info

As Reported Financials

As Reported Financials

Source Document Currency Code (in thousands) 2018 Q3 YTD 9/30/2018 USD 2017 Y 9/30/2018 USD 2016 Y 12/31/2017 USD 2015 Y 12/31/2016 USD 2014 Y 12/31/2015 USD
Source Document Currency Code 2018 Q3 YTD 9/30/2018 USD 2017 Y 9/30/2018 USD 2016 Y 12/31/2017 USD 2015 Y 12/31/2016 USD 2014 Y 12/31/2015 USD

Assets

Rental property

Land 278,632 279,978 272,153 240,267 217,994
Buildings, improvements and fixtures 2,755,698 2,793,638 2,647,477 2,249,417 1,947,083
Construction in progress 762 14,854 46,277 23,533 98,526
Total 3,035,092 3,088,470 2,965,907 2,513,217 2,263,603
Accumulated depreciation (953,158) (901,967) (814,583) (748,341) (662,236)
Total rental property, net 2,081,934 2,186,503 2,151,324 1,764,876 1,601,367
Cash and cash equivalents 4,404 6,101 12,222 21,558 16,875
Restricted cash NA NA NA 121,306 0
Rental property held for sale NA NA NA NA 46,005
Investments in unconsolidated joint ventures 111,305 119,436 128,104 201,083 208,050
Deferred lease costs and other intangibles, net 120,064 132,061 151,579 127,089 140,883
Deferred debt origination costs, net NA NA NA NA 12,126
Prepaids and other assets 103,910 96,004 82,985 78,913 72,354
Total assets 2,421,617 2,540,105 2,526,214 2,314,825 2,097,660

Liabilities and Equity

Liabilities

Debt
Senior, unsecured notes, net 1,136,184 1,134,755 1,135,309 789,285 793,574
Unsecured term loan, net 323,416 322,975 322,410 265,832 267,259
Mortgages payable, net 88,359 99,761 172,145 310,587 271,361
Unsecured lines of credit, net 199,701 206,160 58,002 186,220 111,000
Total debt 1,747,660 1,763,651 1,687,866 1,551,924 1,443,194
Accounts payable and accrued expenses 70,132 90,416 78,143 97,396 69,558
Deferred financing obligation NA NA NA 28,388 28,388
Other liabilities 79,342 73,736 54,764 31,085 32,634
Total liabilities 1,897,134 1,927,803 1,820,773 1,708,793 1,573,774
Commitments and contingencies NA NA NA NA 0

Equity

Tanger Factory Outlet Centers, Inc.
Common shares 939 946 961 959 955
Paid in capital 774,724 784,782 820,251 806,379 791,566
Accumulated distributions in excess of net income (259,258) (184,865) (122,701) (195,486) (281,679)
Accumulated other comprehensive loss (18,413) (19,285) (28,295) (36,715) (14,023)
Equity attributable to Tanger Factory Outlet Centers, Inc. 497,992 581,578 670,216 575,137 496,819
Equity attributable to noncontrolling interests
Noncontrolling interests in Operating Partnership 26,491 30,724 35,066 30,309 26,417
Noncontrolling interests in other consolidated partnerships 0 0 159 586 650
Total equity 524,483 612,302 705,441 606,032 523,886
Total liabilities and equity 2,421,617 2,540,105 2,526,214 2,314,825 2,097,660
Data shown on this page is extracted directly from the company’s documents. S&P makes every effort to line up fields, captions and headers that represent the same data over time, despite variations in how the company may report these items in different documents. In certain instances the variation in the company’s presentation over time may be too significant, potentially resulting in repeating and/or disordered items. Despite possible issues with the presentation, S&P, as always, stands by its commitment to the quality of the data.