Accumulated Other Comprehensive Income (Loss) of the Operating Partnership (Tables)

6 Months Ended

Jun. 30, 2024

Statement of Comprehensive Income [Abstract]

Schedule of Accumulated Other Comprehensive Income (Loss)

The following table presents changes in the balances of each component of accumulated other comprehensive income (loss) for the three and six months ended June 30, 2024 and 2023 (in thousands):

	Tanger Inc. Accumulated Other Comprehensive Income (Loss)						Noncontrolling Interest in Operating Partnership Accumulated Other Comprehensive Income (Loss)
	Foreign Currency		Cash flow hedges		Total		Foreign Currency		Cash flow hedges		Total
Balance March 31, 2024	$	(23,923)	$	2,643	$	(21,280)	$	(1,329)	$	150	$	(1,179)
Other comprehensive income before reclassifications	(38)		—		(38)		(2)		—		(2)
Reclassifications out of accumulated other comprehensive income (loss) into other income (expense) for interest expense for cash flow hedges	—		651		651				27		27
Balance June 30, 2024	$	(23,961)	$	3,294	$	(20,667)	$	(1,331)	$	177	$	(1,154)
	Tanger Inc. Accumulated Other Comprehensive Income (Loss)						Noncontrolling Interest in Operating Partnership Accumulated Other Comprehensive Income (Loss)
	Foreign Currency		Cash flow hedges		Total		Foreign Currency		Cash flow hedges		Total
Balance December 31, 2023	$	(23,085)	$	(434)	$	(23,519)	$	(1,293)	$	19	$	(1,274)
Other comprehensive income before reclassifications	(876)		—		(876)		(38)		—		(38)
Reclassification out of accumulated other comprehensive income (loss) into other income (expense) for foreign currency and interest expense for cash flow hedges	—		3,728		3,728		—		158		158
Balance June 30, 2024	$	(23,961)	$	3,294	$	(20,667)	$	(1,331)	$	177	$	(1,154)
	Tanger Inc. Accumulated Other Comprehensive Income (Loss)						Noncontrolling Interest in Operating Partnership Accumulated Other Comprehensive Income (Loss)
	Foreign Currency		Cash flow hedges		Total		Foreign Currency		Cash flow hedges		Total
Balance March 31, 2023	$	(24,361)	$	10,202	$	(14,159)	$	(1,344)	$	489	$	(855)
Other comprehensive income before reclassifications	1,174		—		1,174		53		—		53
Reclassification out of accumulated other comprehensive income (loss) into other income (expense) for foreign currency and interest expense for cash flow hedges	—		(357)		(357)		—		(16)		(16)
Balance June 30, 2023	$	(23,187)	$	9,845	$	(13,342)	$	(1,291)	$	473	$	(818)

	Tanger Inc. Accumulated Other Comprehensive Income (Loss)						Noncontrolling Interest in Operating Partnership Accumulated Other Comprehensive Income (Loss)
	Foreign Currency		Cash flow hedges		Total		Foreign Currency		Cash flow hedges		Total
Balance December 31, 2022	$	(24,516)	$	13,479	$	(11,037)	$	(1,351)	$	638	$	(713)
Other comprehensive income before reclassifications	1,329		—		1,329		60		—		60
Reclassification out of accumulated other comprehensive income (loss) into other income (expense) for foreign currency and interest expense for cash flow hedges	—		(3,634)		(3,634)		—		(165)		(165)
Balance June 30, 2023	$	(23,187)	$	9,845	$	(13,342)	$	(1,291)	$	473	$	(818)

We expect within the next twelve months to reclassify into earnings as a decrease to interest expense approximately $3.0 million of the amounts recorded within accumulated other comprehensive income related to the interest rate swap agreements in effect as of June 30, 2024.

The following table presents changes in the balances of each component of accumulated other comprehensive income (loss) for the three and six months ended June 30, 2024 (in thousands):

	Foreign Currency		Cash flow hedges		Accumulated Other Comprehensive Income (Loss)
Balance March 31, 2024	$	(25,250)	$	2,792	$	(22,458)
Other comprehensive income (loss) before reclassifications	(39)		—		(39)
Reclassification out of accumulated other comprehensive income (loss) into other income (expense) for foreign currency and interest expense for cash flow hedges	—		679		679
Balance June 30, 2024	$	(25,289)	$	3,471	$	(21,818)
	Foreign Currency		Cash flow hedges		Accumulated Other Comprehensive Income (Loss)
Balance December 31, 2023	$	(24,376)	$	(417)	$	(24,793)
Other comprehensive income before reclassifications	(913)		—		(913)
Reclassification out of accumulated other comprehensive income (loss) into other income (expense) for foreign currency and interest expense for cash flow hedges	—		3,888		3,888
Balance June 30, 2024	$	(25,289)	$	3,471	$	(21,818)

	Foreign Currency		Cash flow hedges		Accumulated Other Comprehensive Income (Loss)
Balance March 31, 2023	$	(25,705)	$	10,691	$	(15,014)
Other comprehensive income (loss) before reclassifications	1,227		—		1,227
Reclassification out of accumulated other comprehensive income (loss) into other income (expense) for foreign currency and interest expense for cash flow hedges	—		(373)		(373)
Balance June 30, 2023	$	(24,478)	$	10,318	$	(14,160)
	Foreign Currency		Cash flow hedges		Accumulated Other Comprehensive Income (Loss)
Balance December 31, 2022	$	(25,867)	$	14,117	$	(11,750)
Other comprehensive loss before reclassifications	1,389		—		1,389
Reclassification out of accumulated other comprehensive income (loss) into other income (expense) for foreign currency and interest expense for cash flow hedges	—		(3,799)		(3,799)
Balance June 30, 2023	$	(24,478)	$	10,318	$	(14,160)