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Accumulated Other Comprehensive Income (Loss) of the Operating Partnership
 6 Months Ended
Jun. 30, 2022
Statement of Comprehensive Income [Abstract]  
Accumulated Other Comprehensive Income (Loss) of the Operating Partnership Accumulated Other Comprehensive Income (Loss) of the Company
The following table presents changes in the balances of each component of accumulated other comprehensive income (loss) for the three and six months ended June 30, 2022 (in thousands):
Tanger Factory Outlet Centers, Inc. Accumulated Other Comprehensive Income (Loss)Noncontrolling Interest in Operating Partnership Accumulated Other Comprehensive Income (Loss)
Foreign CurrencyCash flow hedgesTotalForeign CurrencyCash flow hedgesTotal
Balance March 31, 2022$(18,541)$9,289 $(9,252)$(1,030)$409 $(621)
Other comprehensive income (loss) before reclassifications(2,334)1,885 (449)(107)86 (21)
Reclassification out of accumulated other comprehensive income (loss) into other income (expense) for foreign currency and interest expense for cash flow hedges— 281 281 — 13 13 
Balance June 30, 2022$(20,875)$11,455 $(9,420)$(1,137)$508 $(629)
Tanger Factory Outlet Centers, Inc. Accumulated Other Comprehensive Income (Loss)Noncontrolling Interest in Operating Partnership Accumulated Other Comprehensive Income (Loss)
Foreign CurrencyCash flow hedgesTotalForeign CurrencyCash flow hedgesTotal
Balance December 31, 2021$(19,713)$1,952 $(17,761)$(1,084)$72 $(1,012)
Other comprehensive income (loss) before reclassifications(1,162)8,941 7,779 (53)410 357 
Reclassification out of accumulated other comprehensive income (loss) into other income (expense) for foreign currency and interest expense for cash flow hedges— 562 562 — 26 26 
Balance June 30, 2022$(20,875)$11,455 $(9,420)$(1,137)$508 $(629)
The following table presents changes in the balances of each component of accumulated other comprehensive loss for the three and six months ended June 30, 2021 (in thousands):
Tanger Factory Outlet Centers, Inc. Accumulated Other Comprehensive Income (Loss)Noncontrolling Interest in Operating Partnership Accumulated Other Comprehensive Income (Loss)
Foreign CurrencyCash flow hedgesTotalForeign CurrencyCash flow hedgesTotal
Balance March 31, 2021$(18,984)$(1,284)$(20,268)$(1,057)$(77)$(1,134)
Other comprehensive income (loss) before reclassifications1,299 (86)1,213 66 (5)61 
Reclassification out of accumulated other comprehensive income (loss) into other income (expense) for foreign currency and interest expense for cash flow hedges— 312 312 — 16 16 
Balance June 30, 2021$(17,685)$(1,058)$(18,743)$(991)$(66)$(1,057)
Tanger Factory Outlet Centers, Inc. Accumulated Other Comprehensive Income (Loss)Noncontrolling Interest in Operating Partnership Accumulated Other Comprehensive Income (Loss)
Foreign CurrencyCash flow hedgesTotalForeign CurrencyCash flow hedgesTotal
Balance December 31, 2020$(23,399)$(3,186)$(26,585)$(1,281)$(173)$(1,454)
Other comprehensive income before reclassifications2,251 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 hedges3,463 706 4,169 167 36 203 
Balance June 30, 2021
$(17,685)$(1,058)$(18,743)$(991)$(66)$(1,057)

We expect within the next twelve months to reclassify into earnings as a decrease to interest expense approximately $7.0 million of the amounts recorded within accumulated other comprehensive loss related to the interest rate swap agreements in effect as of June 30, 2022.
Accumulated Other Comprehensive Income (Loss) of the Operating Partnership
The following table presents changes in the balances of each component of accumulated other comprehensive income (loss) for the three and six months ended June 30, 2022 (in thousands):
Foreign CurrencyCash flow hedgesAccumulated Other Comprehensive Income (Loss)
Balance March 31, 2022$(19,571)$9,698 $(9,873)
Other comprehensive income (loss) before reclassifications(2,441)1,971 (470)
Reclassification out of accumulated other comprehensive income (loss) into other income (expense) for foreign currency and interest expense for cash flow hedges— 294 294 
Balance June 30, 2022$(22,012)$11,963 $(10,049)
Foreign CurrencyCash flow hedgesAccumulated Other Comprehensive Income (Loss)
Balance December 31, 2021$(20,797)$2,024 $(18,773)
Other comprehensive income (loss)before reclassifications(1,215)9,351 8,136 
Reclassification out of accumulated other comprehensive income (loss) into other income (expense) for foreign currency and interest expense for cash flow hedges— 588 588 
Balance June 30, 2022$(22,012)$11,963 $(10,049)

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):
Foreign CurrencyCash flow hedgesAccumulated Other Comprehensive Income (Loss)
Balance March 31, 2021$(20,041)$(1,361)$(21,402)
Other comprehensive income (loss) before reclassifications1,365 (91)1,274 
Reclassification out of accumulated other comprehensive income (loss) into other income (expense) for foreign currency and interest expense for cash flow hedges— 328 328 
Balance June 30, 2021$(18,676)$(1,124)$(19,800)
Foreign CurrencyCash flow hedgesAccumulated Other Comprehensive Income (Loss)
Balance December 31, 2020$(24,680)$(3,359)$(28,039)
Other comprehensive income before reclassifications2,374 1,493 3,867 
Reclassification out of accumulated other comprehensive income (loss) into other income (expense) for foreign currency and interest expense for cash flow hedges3,630 742 4,372 
Balance June 30, 2021$(18,676)$(1,124)$(19,800)

We expect within the next twelve months to reclassify into earnings as a decrease to interest expense approximately $7.0 million of the amounts recorded within accumulated other comprehensive loss related to the interest rate swap agreements in effect as of June 30, 2022.