TANGER FACTORY OUTLET CENTERS, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
OPERATING ACTIVITIES
Net income	$ 50,160	$ 42,281
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization	51,282	52,463
Amortization of deferred financing costs	1,599	1,541
Equity in earnings of unconsolidated joint ventures	(3,641)	(4,740)
Equity-based compensation expense	5,652	6,959
Amortization of debt (premiums) and discounts, net	294	241
Amortization (accretion) of market rent rate adjustments, net	289	314
Straight-line rent adjustments	1,001	1,035
Distributions of cumulative earnings from unconsolidated joint ventures	3,721	4,775
Other non-cash	0	(2,418)
Changes in other assets and liabilities:
Other assets	6,931	7,072
Accounts payable and accrued expenses	(18,369)	(20,448)
Net cash provided by operating activities	98,919	89,075
INVESTING ACTIVITIES
Additions to rental property	(71,830)	(25,717)
Additions to investments in unconsolidated joint ventures	(2,633)	0
Net proceeds on sale of non-real estate assets	0	14,610
Proceeds from short-term investments	37,080	0
Additions to non-real estate assets	(2,135)	(4,176)
Distributions in excess of cumulative earnings from unconsolidated joint ventures	4,080	6,536
Additions to deferred lease costs	(1,384)	(1,076)
Payments for other investing activities	(2,036)	0
Proceeds from other investing activities	3,821	1,728
Net cash used in investing activities	(35,037)	(8,095)
FINANCING ACTIVITIES
Cash dividends paid	(50,459)	(40,255)
Distributions to noncontrolling interests in Operating Partnership	(2,208)	(1,821)
Proceeds from notes, mortgages and loans	0	0
Repayments of notes, mortgages and loans	(2,343)	(2,180)
Employee income taxes paid related to shares withheld upon vesting of equity awards	(6,843)	(3,203)
Proceeds from exercise of options	43	15
Payment for other financing activities	(590)	(574)
Distributions to noncontrolling interests in other consolidated partnerships	(248)	0
Net cash used in financing activities	(62,648)	(48,018)
Effect of foreign currency rate changes on cash and cash equivalents	(356)	(27)
Net increase in cash and cash equivalents	878	32,935
Cash and cash equivalents, beginning of period	212,124	161,255
Cash and cash equivalents, end of period	$ 213,002	$ 194,190