XML 65 R6.htm IDEA: XBRL DOCUMENT v3.24.1.u1
TANGER FACTORY OUTLET CENTERS, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY - USD ($)
$ in Thousands
Total
Equity attributable to Tanger Factory Outlet Centers, Inc.
Common shares
Paid in capital
Accumulated distributions in excess of earnings
Accumulated other comprehensive income
Noncontrolling Interests
Noncontrolling interests in Operating Partnership
Noncontrolling Interests
Noncontrolling interests in other consolidated partnerships
Beginning Balance at Dec. 31, 2022 $ 513,934 $ 491,643 $ 1,045 $ 987,192 $ (485,557) $ (11,037) $ 22,291 $ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 24,860 23,541     23,541   1,071 248
Other comprehensive income (loss) (3,264) (3,122)       (3,122) (142)  
Compensation under Incentive Award Plan 2,323 2,323   2,323        
Issuance of common shares upon exercise of options 15 15   15        
Issuance of deferred shares 0 0 11 (11)        
Withholding of common shares for employee income taxes (5,649) (5,649) (3) (5,646)        
Adjustment for noncontrolling interests in other consolidated partnerships 0 381   381     (381)  
Common dividends (24,623) (24,623)     (24,623)   0  
Noncontrolling Interest, Decrease from Distributions to Noncontrolling Interest Holders (1,290)           (1,042) (248)
Ending Balance at Mar. 31, 2023 506,306 484,509 1,053 984,254 (486,639) (14,159) 21,797 0
Beginning Balance at Dec. 31, 2023 591,313 566,785 1,088 1,079,387 (490,171) (23,519) 24,528  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 23,306 22,413     22,413   973 (80)
Other comprehensive income (loss) 2,335 2,239       2,239 96  
Compensation under Incentive Award Plan 3,571 3,571   3,571        
Issuance of common shares upon exercise of options 438 438   438        
Grant of restricted common shares awards, net of forfeitures     8 (8)        
Issuance of deferred shares 0   1 (1)        
Withholding of common shares for employee income taxes (10,524) (10,524) (3) (10,521)        
Contributions from noncontrolling interests 80             $ 80
Adjustment for noncontrolling interests in other consolidated partnerships 0 447   447     (447)  
Common dividends (29,572) (29,572)     (29,572)      
Noncontrolling Interest, Decrease from Distributions to Noncontrolling Interest Holders (1,224)           (1,224)  
Ending Balance at Mar. 31, 2024 $ 579,723 $ 555,797 $ 1,094 $ 1,073,313 $ (497,330) $ (21,280) $ 23,926