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Accumulated Other Comprehensive Loss of the Company
12 Months Ended
Dec. 31, 2022
Tanger Factory Outlet Centers, Inc. [Member]  
Accumulated Other Comprehensive Loss of the Company Accumulated Other Comprehensive Loss of the Company
The following table presents changes in the balances of each component of accumulated comprehensive income (loss) for the years ended December 31, 2022, 2021 and 2020 (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 December 31, 2019$(25,094)$(401)$(25,495)$(1,369)$(24)$(1,393)
Other comprehensive income (loss) before reclassifications1,695 (6,749)(5,054)88 (359)(271)
Reclassification out of accumulated other comprehensive income (loss) into other income (expense) for foreign currency and interest expense for cash flow hedges— 3,964 3,964 — 210 210 
Balance December 31, 2020(23,399)(3,186)(26,585)(1,281)(173)(1,454)
Other comprehensive income (loss) before reclassifications223 3,776 3,999 30 179 209 
Reclassification out of accumulated other comprehensive income (loss) into interest expense3,463 1,362 4,825 167 66 233 
Balance December 31, 2021(19,713)1,952 (17,761)(1,084)72 (1,012)
Other comprehensive income (loss) before reclassifications(4,803)14,997 10,194 (267)725 458 
Reclassification out of accumulated other comprehensive income (loss) into other income (expense) for foreign currency and interest expense for cash flow hedges— (3,470)(3,470)— (159)(159)
Balance December 31, 2022$(24,516)$13,479 $(11,037)$(1,351)$638 $(713)

We expect within the next twelve months to reclassify into earnings as a decrease to interest expense approximately $12.2 million of the amounts recorded within accumulated other comprehensive income (loss) related to the interest rate swap agreements in effect and as of December 31, 2022.