Tanger factory outlet centers, inc (SKT)
Balance Sheet / Yearly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Dec'13Mar'13Dec'12
Assets
Rental property:
Rental property held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

19

46

46

46

-

-

-

-

-

Liabilities and Equity
Liabilities
Debt:
Operating lease liabilities

-

-

91

92

92

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Equity
Tanger Factory Outlet Centers, Inc.:
Partners’ Equity:
Tanger Factory Outlet Centers, Inc. [Member]
Land

266

266

267

267

267

278

278

279

279

279

268

-

-

272

-

-

-

-

-

-

-

-

-

-

-

-

-

Buildings, improvements and fixtures

2,564

2,630

2,663

2,651

2,639

2,764

2,755

2,825

2,810

2,793

2,694

-

-

2,647

-

-

-

-

-

-

-

-

-

-

-

-

-

Development in Process

-

-

0

0

0

3

0

1

0

14

87

-

-

46

-

-

-

-

-

-

-

-

-

-

-

-

-

Rental property, at cost, total

2,830

2,896

2,931

2,919

2,907

3,046

3,035

3,107

3,091

3,088

3,051

-

-

2,965

-

-

-

-

-

-

-

-

-

-

-

-

-

Accumulated depreciation

1,007

1,009

991

966

941

981

953

956

929

901

875

-

-

814

-

-

-

-

-

-

-

-

-

-

-

-

-

Total rental property, net

1,822

1,886

1,939

1,952

1,966

2,064

2,081

2,150

2,161

2,186

2,176

-

-

2,151

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash and cash equivalents

600

16

4

7

1

9

4

4

3

6

8

-

-

12

-

-

-

-

-

-

-

-

-

-

-

-

-

Investments in unconsolidated joint ventures

86

94

94

96

97

95

111

110

114

119

125

-

-

128

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred lease costs and other intangibles, net

97

96

101

104

106

116

120

124

127

132

135

-

-

151

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease right-of-use assets

83

86

86

87

87

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaids and other assets

100

103

97

95

94

98

103

98

98

96

95

-

-

82

-

-

-

-

-

-

-

-

-

-

-

-

-

Total assets

2,791

2,285

2,324

2,343

2,353

2,384

2,421

2,488

2,505

2,540

2,541

-

-

2,526

-

-

-

-

-

-

-

-

-

-

-

-

-

Senior, unsecured notes, net

1,139

1,138

1,138

1,137

1,137

1,136

1,136

1,135

1,135

1,134

1,134

-

-

1,135

-

-

-

-

-

-

-

-

-

-

-

-

-

Unsecured term loan, net

347

347

347

347

346

346

323

323

323

322

323

-

-

322

-

-

-

-

-

-

-

-

-

-

-

-

-

Loans Payable

82

83

84

85

86

87

88

89

90

99

170

-

-

172

-

-

-

-

-

-

-

-

-

-

-

-

-

Unsecured lines of credit, net

598

0

1

15

12

141

199

220

223

206

146

-

-

58

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term Debt

2,167

1,569

1,571

1,586

1,582

1,712

1,747

1,768

1,772

1,763

1,773

-

-

1,687

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable and accrued expenses

90

79

73

60

87

82

70

65

66

90

84

-

-

78

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease liabilities

91

91

91

92

92

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other liabilities

94

88

88

88

87

83

79

79

73

73

74

-

-

54

-

-

-

-

-

-

-

-

-

-

-

-

-

Total liabilities

2,444

1,829

1,826

1,826

1,850

1,879

1,897

1,912

1,912

1,927

1,932

-

-

1,820

-

-

-

-

-

-

-

-

-

-

-

-

-

Common shares, $.01 par value, 300,000,000 shares authorized, 93,076,701 and 92,892,260 shares issued and outstanding at March 31, 2020 and December 31 2019, respectively

0

0

0

0

0

0

0

0

0

0

0

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

Paid in capital

778

775

771

778

780

778

774

770

776

784

781

-

-

820

-

-

-

-

-

-

-

-

-

-

-

-

-

Accumulated distributions in excess of net income

410

317

272

262

276

272

259

204

194

184

183

-

-

122

-

-

-

-

-

-

-

-

-

-

-

-

-

Accumulated other comprehensive loss

-38

-25

-27

-25

-27

-27

-18

-20

-19

-19

-19

-

-

-28

-

-

-

-

-

-

-

-

-

-

-

-

-

Equity attributable to Tanger Factory Outlet Centers, Inc.

330

433

472

490

478

480

497

546

563

581

578

-

-

670

-

-

-

-

-

-

-

-

-

-

-

-

-

Noncontrolling interests in Operating Partnership

17

22

25

26

25

25

26

29

29

30

30

-

-

35

-

-

-

-

-

-

-

-

-

-

-

-

-

Noncontrolling interests in other consolidated partnerships

0

0

0

0

0

0

0

0

0

0

0

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest

347

456

498

516

503

505

524

575

593

612

609

-

-

705

-

-

-

-

-

-

-

-

-

-

-

-

-

Total liabilities and equity

2,791

2,285

2,324

2,343

2,353

2,384

2,421

2,488

2,505

2,540

2,541

-

-

2,526

-

-

-

-

-

-

-

-

-

-

-

-

-

Tanger Properties Limited Partnership [Member]
Land

266

266

267

267

267

278

278

279

279

279

268

-

-

272

-

-

-

-

-

-

-

-

-

-

-

-

-

Land

-

-

-

-

-

-

-

-

-

-

-

262

272

-

262

254

235

240

225

217

217

217

230

230

230

148

148

Buildings, improvements and fixtures

2,564

2,630

2,663

2,651

2,639

2,764

2,755

2,825

2,810

2,793

2,694

-

-

2,647

-

-

-

-

-

-

-

-

-

-

-

-

-

Buildings, improvements and fixtures

-

-

-

-

-

-

-

-

-

-

-

2,651

2,667

-

2,553

2,377

2,219

2,249

2,173

2,078

1,950

1,947

2,043

2,029

2,009

1,802

1,796

Development in Process

-

-

0

0

0

3

0

1

0

14

87

-

-

46

-

-

-

-

-

-

-

-

-

-

-

-

-

Construction in progress

-

-

-

-

-

-

-

-

-

-

-

94

65

-

92

61

42

23

63

95

154

98

75

37

9

6

3

Rental property, at cost, total

2,830

2,896

2,931

2,919

2,907

3,046

3,035

3,107

3,091

3,088

3,051

-

-

2,965

-

-

-

-

-

-

-

-

-

-

-

-

-

Rental property, at cost, total

-

-

-

-

-

-

-

-

-

-

-

3,008

3,004

-

2,908

2,693

2,497

2,513

2,462

2,392

2,322

2,263

2,348

2,297

2,249

1,956

1,947

Accumulated depreciation

1,007

1,009

991

966

941

981

953

956

929

901

875

-

-

814

-

-

-

-

-

-

-

-

-

-

-

-

-

Accumulated depreciation

-

-

-

-

-

-

-

-

-

-

-

849

839

-

792

769

749

748

727

699

680

662

708

691

654

600

582

Total rental property, net

1,822

1,886

1,939

1,952

1,966

2,064

2,081

2,150

2,161

2,186

2,176

-

-

2,151

-

-

-

-

-

-

-

-

-

-

-

-

-

Total rental property, net

-

-

-

-

-

-

-

-

-

-

-

2,158

2,164

-

2,116

1,923

1,748

1,764

1,734

1,692

1,641

1,601

1,640

1,605

1,595

1,355

1,364

Cash and cash equivalents

600

16

-

-

-

8

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash and cash equivalents

-

-

4

7

1

-

4

4

3

6

8

-

-

12

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash and Cash Equivalents, at Carrying Value

-

-

-

-

-

-

-

-

-

-

-

8

7

-

25

27

18

21

20

16

14

15

10

13

14

2

10

Investments in unconsolidated joint ventures

86

94

94

96

97

95

111

110

114

119

125

-

-

128

-

-

-

-

-

-

-

-

-

-

-

-

-

Restricted Cash and Cash Equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2

0

0

121

42

-

-

0

-

-

-

-

-

Assets Held-for-sale, Not Part of Disposal Group

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

19

46

-

46

-

-

-

-

-

Rental property held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

46

-

-

-

0

-

-

Investments in unconsolidated joint ventures

-

-

-

-

-

-

-

-

-

-

-

131

127

-

170

210

218

201

197

212

205

208

249

210

140

133

126

Deferred lease costs and other intangibles, net

97

96

101

104

106

116

120

124

127

132

135

-

-

151

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred lease costs and other intangibles, net

-

-

-

-

-

-

-

-

-

-

-

139

146

-

156

133

123

127

130

133

137

140

146

151

163

97

101

Operating lease right-of-use assets

83

86

86

87

87

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaids and other assets

100

103

97

95

93

97

103

98

97

95

94

-

-

82

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred debt origination costs, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10

11

11

12

9

9

10

8

9

Prepaids and other assets

-

-

-

-

-

-

-

-

-

-

-

91

92

-

87

84

80

78

73

73

71

71

82

77

81

62

60

Total assets

2,791

2,284

2,324

2,343

2,353

2,384

2,420

2,487

2,504

2,539

2,540

-

-

2,525

-

-

-

-

-

-

-

-

-

-

-

-

-

Total assets

-

-

-

-

-

-

-

-

-

-

-

2,529

2,539

-

2,560

2,379

2,190

2,314

2,230

2,188

2,128

2,096

2,139

2,068

2,005

1,661

1,671

Senior, unsecured notes, net

1,139

1,138

1,138

1,137

1,137

1,136

1,136

1,135

1,135

1,134

1,134

-

-

1,135

-

-

-

-

-

-

-

-

-

-

-

-

-

Senior, unsecured notes, net

-

-

-

-

-

-

-

-

-

-

-

1,136

1,135

-

1,037

789

789

789

794

793

793

793

794

794

794

548

548

Unsecured term loan, net

347

347

347

347

346

346

323

323

323

322

323

-

-

322

-

-

-

-

-

-

-

-

-

-

-

-

-

Unsecured term loans, net

-

-

-

-

-

-

-

-

-

-

-

322

322

-

322

321

258

265

267

267

267

267

267

267

267

259

259

Loans Payable

82

83

84

85

86

87

88

89

90

99

170

-

-

172

-

-

-

-

-

-

-

-

-

-

-

-

-

Loans Payable

-

-

-

-

-

-

-

-

-

-

-

171

171

-

172

235

167

310

281

276

285

271

247

248

250

105

107

Unsecured lines of credit, net

598

0

1

15

12

141

199

220

223

206

146

-

-

58

-

-

-

-

-

-

-

-

-

-

-

-

-

Unsecured lines of credit, net

-

-

-

-

-

-

-

-

-

-

-

98

69

-

192

255

259

186

195

176

115

111

139

91

16

174

178

Long-term Debt

2,167

1,569

1,571

1,586

1,582

1,712

1,747

1,768

1,772

1,763

1,773

-

-

1,687

-

-

-

-

-

-

-

-

-

-

-

-

-

Total debt

-

-

-

-

-

-

-

-

-

-

-

1,729

1,699

-

1,724

1,602

1,475

1,551

1,539

1,514

1,461

1,443

1,448

1,401

1,328

1,087

1,093

Accounts payable and accrued expenses

89

79

73

60

87

82

69

64

65

89

83

-

-

77

-

-

-

-

-

-

-

-

-

-

-

-

-

Construction trade payables

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

23

15

-

7

7

Accounts payable and accrued expenses

-

-

-

-

-

-

-

-

-

-

-

71

82

-

78

62

67

96

89

83

80

67

55

38

58

37

40

Operating lease liabilities

91

91

91

92

92

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other liabilities

94

88

88

88

87

83

79

79

73

73

74

-

-

54

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred financing obligation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

28

28

28

28

28

28

28

28

-

-

Other liabilities

-

-

-

-

-

-

-

-

-

-

-

67

59

-

52

53

31

31

31

30

31

32

29

30

32

16

16

Total liabilities

2,443

1,828

1,825

1,826

1,849

1,879

1,896

1,912

1,911

1,927

1,931

-

-

1,820

-

-

-

-

-

-

-

-

-

-

-

-

-

Total liabilities

-

-

-

-

-

-

-

-

-

-

-

1,868

1,841

-

1,854

1,718

1,574

1,708

1,688

1,656

1,601

1,572

1,585

1,513

1,448

1,149

1,158

Commitments and contingencies

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

0

0

0

0

0

0

0

-

-

General partner, 1,000,000 units outstanding at March 31, 2020 and December 31, 2019

3

4

4

5

5

4

5

5

5

5

5

-

-

6

-

-

-

-

-

-

-

-

-

-

-

-

-

General partner, 1,000,000 units outstanding at March 31, 2017 and December 31, 2016

-

-

-

-

-

-

-

-

-

-

-

6

6

-

6

6

5

5

5

4

4

4

4

4

4

4

4

Limited partners, 4,911,173 and 4,911,173 Class A common units, and 92,076,701 and 91,892,260 Class B common units outstanding at March 31, 2020 and December 31, 2019, respectively

384

478

522

538

526

529

538

591

608

626

623

-

-

728

-

-

-

-

-

-

-

-

-

-

-

-

-

Limited partners, 5,027,781 and 5,027,781 Class A common units, and 95,456,117 and 95,095,891 Class B common units outstanding at March 31, 2017 and December 31, 2016, respectively

-

-

-

-

-

-

-

-

-

-

-

680

719

-

732

687

640

638

571

549

548

533

549

545

548

499

501

Accumulated other comprehensive loss

-40

-26

-28

-26

-28

-28

-19

-21

-20

-20

-20

-

-

-29

-

-

-

-

-

-

-

-

-

-

-

-

-

Accumulated other comprehensive loss

-

-

-

-

-

-

-

-

-

-

-

-25

-28

-

-33

-33

-31

-38

-35

-23

-27

-14

-7

-3

-2

1

1

Partners' Capital

347

456

498

516

503

505

524

575

593

612

609

-

-

705

-

-

-

-

-

-

-

-

-

-

-

-

-

Total partners' equity

-

-

-

-

-

-

-

-

-

-

-

660

697

-

705

660

614

605

540

530

526

523

546

546

550

505

507

Noncontrolling interests in other consolidated partnerships

0

0

0

0

0

0

0

0

0

0

0

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

Noncontrolling interests in other consolidated partnerships

-

-

-

-

-

-

-

-

-

-

-

0

0

-

0

0

0

0

0

0

0

0

7

7

6

6

6

Partners' Capital, Including Portion Attributable to Noncontrolling Interest

347

456

498

516

503

505

524

575

593

612

609

-

-

705

-

-

-

-

-

-

-

-

-

-

-

-

-

Total equity

-

-

-

-

-

-

-

-

-

-

-

661

698

-

705

660

615

606

541

531

526

523

554

554

557

511

513

Total liabilities and equity

2,791

2,284

2,324

2,343

2,353

2,384

2,420

2,487

2,504

2,539

2,540

-

-

2,525

-

-

-

-

-

-

-

-

-

-

-

-

-

Total liabilities and equity

-

-

-

-

-

-

-

-

-

-

-

2,529

2,539

-

2,560

2,379

2,190

2,314

2,230

2,188

2,128

2,096

2,139

2,068

2,005

1,661

1,671

Tanger Factory Outlet Centers, Inc [Member]
Land

-

-

-

-

-

-

-

-

-

-

-

262

272

-

262

254

235

240

225

217

217

217

230

230

230

148

148

Buildings, improvements and fixtures

-

-

-

-

-

-

-

-

-

-

-

2,651

2,667

-

2,553

2,377

2,219

2,249

2,173

2,078

1,950

1,947

2,043

2,029

2,009

1,802

1,796

Construction in progress

-

-

-

-

-

-

-

-

-

-

-

94

65

-

92

61

42

23

63

95

154

98

75

37

9

6

3

Rental property, at cost, total

-

-

-

-

-

-

-

-

-

-

-

3,008

3,004

-

2,908

2,693

2,497

2,513

2,462

2,392

2,322

2,263

2,348

2,297

2,249

1,956

1,947

Accumulated depreciation

-

-

-

-

-

-

-

-

-

-

-

849

839

-

792

769

749

748

727

699

680

662

708

691

654

600

582

Total rental property, net

-

-

-

-

-

-

-

-

-

-

-

2,158

2,164

-

2,116

1,923

1,748

1,764

1,734

1,692

1,641

1,601

1,640

1,605

1,595

1,355

1,364

Cash and Cash Equivalents, at Carrying Value

-

-

-

-

-

-

-

-

-

-

-

8

7

-

25

27

18

21

20

16

14

16

10

13

15

2

10

Restricted Cash and Cash Equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2

0

0

121

42

-

-

0

-

-

-

-

-

Assets Held-for-sale, Not Part of Disposal Group

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

19

46

-

46

-

-

-

-

-

Rental property held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

46

-

-

-

0

-

-

Investments in unconsolidated joint ventures

-

-

-

-

-

-

-

-

-

-

-

131

127

-

170

210

218

201

197

212

205

208

249

210

140

133

126

Deferred lease costs and other intangibles, net

-

-

-

-

-

-

-

-

-

-

-

139

146

-

156

133

123

127

130

133

137

140

146

151

163

97

101

Deferred debt origination costs, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10

11

11

12

9

9

10

8

9

Prepaids and other assets

-

-

-

-

-

-

-

-

-

-

-

91

92

-

88

84

81

78

74

74

71

72

82

77

81

63

60

Total assets

-

-

-

-

-

-

-

-

-

-

-

2,529

2,539

-

2,560

2,379

2,190

2,314

2,230

2,188

2,128

2,097

2,140

2,068

2,006

1,661

1,672

Senior, unsecured notes, net

-

-

-

-

-

-

-

-

-

-

-

1,136

1,135

-

1,037

789

789

789

794

793

793

793

794

794

794

548

548

Unsecured term loans, net

-

-

-

-

-

-

-

-

-

-

-

322

322

-

322

321

258

265

267

267

267

267

267

267

267

259

259

Loans Payable

-

-

-

-

-

-

-

-

-

-

-

171

171

-

172

235

167

310

281

276

285

271

247

248

250

105

107

Unsecured lines of credit, net

-

-

-

-

-

-

-

-

-

-

-

98

69

-

192

255

259

186

195

176

115

111

139

91

16

174

178

Total debt

-

-

-

-

-

-

-

-

-

-

-

1,729

1,699

-

1,724

1,602

1,475

1,551

1,539

1,514

1,461

1,443

1,448

1,401

1,328

1,087

1,093

Construction trade payables

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

23

15

-

7

7

Accounts payable and accrued expenses

-

-

-

-

-

-

-

-

-

-

-

71

82

-

78

62

67

97

90

83

80

69

56

39

59

37

41

Deferred financing obligation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

28

28

28

28

28

28

28

28

-

-

Other liabilities

-

-

-

-

-

-

-

-

-

-

-

67

59

-

52

53

31

31

31

30

31

32

29

30

32

16

16

Total liabilities

-

-

-

-

-

-

-

-

-

-

-

1,868

1,841

-

1,855

1,718

1,575

1,708

1,689

1,657

1,602

1,573

1,585

1,514

1,448

1,150

1,158

Commitments and contingencies

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

0

0

0

0

0

0

0

-

-

Common shares, $.01 par value, 300,000,000 shares authorized, 96,456,117 and 96,095,891 shares issued and outstanding at March 31, 2017 and December 31, 2016, respectively

-

-

-

-

-

-

-

-

-

-

-

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

Paid in capital

-

-

-

-

-

-

-

-

-

-

-

787

821

-

816

811

808

806

802

798

794

791

801

797

788

768

766

Accumulated distributions in excess of net income

-

-

-

-

-

-

-

-

-

-

-

136

132

-

115

153

195

195

256

272

270

281

276

276

265

289

285

Accumulated other comprehensive loss

-

-

-

-

-

-

-

-

-

-

-

-24

-26

-

-31

-32

-29

-36

-33

-22

-25

-14

-7

-3

-2

1

1

Equity attributable to Tanger Factory Outlet Centers, Inc.

-

-

-

-

-

-

-

-

-

-

-

627

663

-

670

627

584

575

513

504

499

496

518

518

522

480

482

Noncontrolling interests in Operating Partnership

-

-

-

-

-

-

-

-

-

-

-

33

34

-

35

32

30

30

27

26

26

26

27

27

28

24

24

Noncontrolling interests in other consolidated partnerships

-

-

-

-

-

-

-

-

-

-

-

0

0

-

0

0

0

0

0

0

0

0

7

7

6

6

6

Total equity

-

-

-

-

-

-

-

-

-

-

-

661

698

-

705

660

615

606

541

531

526

523

554

554

557

511

513

Total liabilities and equity

-

-

-

-

-

-

-

-

-

-

-

2,529

2,539

-

2,560

2,379

2,190

2,314

2,230

2,188

2,128

2,097

2,140

2,068

2,006

1,661

1,672