Accumulated Other Comprehensive Income (Loss) of the Company

9 Months Ended

Sep. 30, 2022

Statement of Comprehensive Income [Abstract]

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 nine months ended September 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 Currency		Cash flow hedges		Total		Foreign Currency		Cash flow hedges		Total
Balance June 30, 2022	$	(20,875)	$	11,455	$	(9,420)	$	(1,137)	$	508	$	(629)
Other comprehensive income (loss) before reclassifications	(4,661)		4,054		(607)		(214)		186		(28)
Reclassification out of accumulated other comprehensive income (loss) into other income (expense) for foreign currency and interest expense for cash flow hedges	—		(1,226)		(1,226)		—		(56)		(56)
Balance September 30, 2022	$	(25,536)	$	14,283	$	(11,253)	$	(1,351)	$	638	$	(713)


	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, 2021	$	(19,713)	$	1,952	$	(17,761)	$	(1,084)	$	72	$	(1,012)
Other comprehensive income (loss) before reclassifications	(5,823)		12,995		7,172		(267)		596		329
Reclassification out of accumulated other comprehensive income (loss) into other income (expense) for foreign currency and interest expense for cash flow hedges	—		(664)		(664)		—		(30)		(30)
Balance September 30, 2022	$	(25,536)	$	14,283	$	(11,253)	$	(1,351)	$	638	$	(713)

The following table presents changes in the balances of each component of accumulated other comprehensive loss for the three and nine months ended September 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 June 30, 2021	$	(17,685)	$	(1,058)	$	(18,743)	$	(991)	$	(66)	$	(1,057)
Other comprehensive loss before reclassifications	(2,047)		(222)		(2,269)		(95)		(11)		(106)
Reclassification out of accumulated other comprehensive income (loss) into other income (expense) for foreign currency and interest expense for cash flow hedges	—		326		326		—		15		15
Balance September 30, 2021	$	(19,732)	$	(954)	$	(20,686)	$	(1,086)	$	(62)	$	(1,148)


	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	204		1,200		1,404		28		60		88
Reclassification out of accumulated other comprehensive income (loss) into other income (expense) for foreign currency and interest expense for cash flow hedges	3,463		1,032		4,495		167		51		218
Balance September 30, 2021	$	(19,732)	$	(954)	$	(20,686)	$	(1,086)	$	(62)	$	(1,148)

We expect within the next twelve months to reclassify into earnings as a decrease to interest expense approximately $10.5 million of the amounts recorded within accumulated other comprehensive loss related to the interest rate swap agreements in effect as of September 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 nine months ended September 30, 2022 (in thousands):


	Foreign Currency		Cash flow hedges		Accumulated Other Comprehensive Income (Loss)
Balance June 30, 2022	$	(22,012)	$	11,963	$	(10,049)
Other comprehensive income (loss) before reclassifications	(4,875)		4,240		(635)
Reclassification out of accumulated other comprehensive income (loss) into other income (expense) for foreign currency and interest expense for cash flow hedges	—		(1,282)		(1,282)
Balance September 30, 2022	$	(26,887)	$	14,921	$	(11,966)

	Foreign Currency		Cash flow hedges		Accumulated Other Comprehensive Income (Loss)
Balance December 31, 2021	$	(20,797)	$	2,024	$	(18,773)
Other comprehensive income (loss) before reclassifications	(6,090)		13,591		7,501
Reclassification out of accumulated other comprehensive income (loss) into other income (expense) for foreign currency and interest expense for cash flow hedges	—		(694)		(694)
Balance September 30, 2022	$	(26,887)	$	14,921	$	(11,966)

The following table presents changes in the balances of each component of accumulated other comprehensive loss for the three and nine months ended September 30, 2021 (in thousands):


	Foreign Currency		Cash flow hedges		Accumulated Other Comprehensive Income (Loss)
Balance June 30, 2021	$	(18,676)	$	(1,124)	$	(19,800)
Other comprehensive loss before reclassifications	(2,142)		(233)		(2,375)
Reclassification out of accumulated other comprehensive income (loss) into other income (expense) for foreign currency and interest expense for cash flow hedges	—		341		341
Balance September 30, 2021	$	(20,818)	$	(1,016)	$	(21,834)

	Foreign Currency		Cash flow hedges		Accumulated Other Comprehensive Income (Loss)
Balance December 31, 2020	$	(24,680)	$	(3,359)	$	(28,039)
Other comprehensive income before reclassifications	232		1,260		1,492
Reclassification out of accumulated other comprehensive income (loss) into other income (expense) for foreign currency and interest expense for cash flow hedges	3,630		1,083		4,713
Balance September 30, 2021	$	(20,818)	$	(1,016)	$	(21,834)