Debt of the Operating Partnership (Tables) - Tanger Properties Limited Partnership [Member]

12 Months Ended

Dec. 31, 2022

Schedule of Debt

The debt of the Operating Partnership as of December 31, 2022 and 2021 consisted of the following (in thousands):

						2022				2021
	Stated Interest Rate(s)				Maturity Date	Principal		Book Value(1)		Principal		Book Value(1)
Senior, unsecured notes:
Senior notes	3.125	%			September 2026	$	350,000	$	347,894	$	350,000	$	347,329
Senior notes	3.875	%			July 2027	300,000		298,142		300,000		297,742
Senior notes	2.750	%			September 2031	400,000		391,962		400,000		391,110
Mortgages payable:
Atlantic City (2) (3)	6.44	%	-	7.65%	December 2024- December 2026	17,109		17,625		21,550		22,387
Southaven	Adj SOFR		+	2.00%	October 2026	51,700		51,346		40,144		40,087
Unsecured term loan	Adj SOFR		+	1.20%	January 2027	325,000		321,525		300,000		298,421
Unsecured lines of credit	Adj SOFR		+	1.20%	July 2025	—		—		—		—
						$	1,443,809	$	1,428,494	$	1,411,694	$	1,397,076

(1)Includes premiums and net of debt discount and unamortized debt origination costs. Excludes $3.5 million and $4.8 million of unamortized debt origination costs related to unsecured lines of credit as of December 31, 2022 and 2021, respectively, recorded in prepaids and other assets in the Consolidated Balance Sheet. Unamortized debt origination costs were $12.8 million and $12.9 million as of December 31, 2022 and 2021, respectively. Amortization of deferred debt origination costs included in interest expense for the years ended December 31, 2022, 2021 and 2020 was $3.1 million, $4.0 million and $3.6 million, respectively.

(2)The effective interest rate assigned during the purchase price allocation to the Atlantic City mortgages assumed during the acquisition in 2011 was 5.05%.

(3)Principal and interest due monthly with remaining principal due at maturity.

Schedule of Maturities of Long-term Debt

Maturities and principal amortization of our consolidated existing debt as of December 31, 2022 for the next five years and thereafter are as follows (in thousands):

Calendar Year	Amount
2023	$	4,773
2024	5,130
2025	1,501
2026	407,405
2027	625,000
Thereafter	400,000
Subtotal	1,443,809
Net discount and debt origination costs	(15,315)
Total	$	1,428,494