Accumulated Other Comprehensive Income (Loss) of the Company

9 Months Ended

Sep. 30, 2024

Statement of Comprehensive Income [Abstract]

Accumulated Other Comprehensive Income (Loss) of the Company

The following table presents changes in the balances of each component of accumulated other comprehensive income (loss) for the three and nine months ended September 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 June 30, 2024	$	(23,961)	$	3,294	$	(20,667)	$	(1,331)	$	177	$	(1,154)
Other comprehensive income before reclassifications	(178)				(178)		39				39
Reclassifications out of accumulated other comprehensive income (loss) into other income (expense) for foreign currency and interest expense for cash flow hedges			(6,573)		(6,573)				(320)		(320)
Balance September 30, 2024	$	(24,139)	$	(3,279)	$	(27,418)	$	(1,292)	$	(143)	$	(1,435)

	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	(1,054)		—		(1,054)		1		—		1
Reclassification out of accumulated other comprehensive income (loss) into other income (expense) for foreign currency and interest expense for cash flow hedges	—		(2,845)		(2,845)		—		(162)		(162)
Balance September 30, 2024	$	(24,139)	$	(3,279)	$	(27,418)	$	(1,292)	$	(143)	$	(1,435)

	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 June 30, 2023	$	(23,187)	$	9,845	$	(13,342)	$	(1,291)	$	473	$	(818)
Other comprehensive income before reclassifications	(1,688)		—		(1,688)		(77)		—		(77)
Reclassification out of accumulated other comprehensive income (loss) into other income (expense) for foreign currency and interest expense for cash flow hedges	—		(1,765)		(1,765)		—		(80)		(80)
Balance September 30, 2023	$	(24,875)	$	8,080	$	(16,795)	$	(1,368)	$	393	$	(975)





	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	(359)		—		(359)		(17)		—		(17)
Reclassification out of accumulated other comprehensive income (loss) into other income (expense) for foreign currency and interest expense for cash flow hedges	—		(5,399)		(5,399)		—		(245)		(245)
Balance September 30, 2023	$	(24,875)	$	8,080	$	(16,795)	$	(1,368)	$	393	$	(975)

We expect within the next twelve months to reclassify into earnings as a decrease to interest expense approximately $23,000 of the amounts recorded within accumulated other comprehensive income related to the interest rate swap agreements in effect as of September 30, 2024.

Accumulated Other Comprehensive Income (Loss) of the Operating Partnership

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


	Foreign Currency		Cash flow hedges		Accumulated Other Comprehensive Income (Loss)
Balance June 30, 2024	$	(25,289)	$	3,471	$	(21,818)
Other comprehensive income (loss) before reclassifications	(140)		—		(140)
Reclassification out of accumulated other comprehensive income (loss) into other income (expense) for foreign currency and interest expense for cash flow hedges	—		(6,895)		(6,895)
Balance September 30, 2024	$	(25,429)	$	(3,424)	$	(28,853)

	Foreign Currency		Cash flow hedges		Accumulated Other Comprehensive Income (Loss)
Balance December 31, 2023	$	(24,376)	$	(417)	$	(24,793)
Other comprehensive income before reclassifications	(1,053)		—		(1,053)
Reclassification out of accumulated other comprehensive income (loss) into other income (expense) for foreign currency and interest expense for cash flow hedges	—		(3,007)		(3,007)
Balance September 30, 2024	$	(25,429)	$	(3,424)	$	(28,853)


	Foreign Currency		Cash flow hedges		Accumulated Other Comprehensive Income (Loss)
Balance June 30, 2023	$	(24,478)	$	10,318	$	(14,160)
Other comprehensive income (loss) before reclassifications	(1,765)		—		(1,765)
Reclassification out of accumulated other comprehensive income (loss) into other income (expense) for foreign currency and interest expense for cash flow hedges	—		(1,845)		(1,845)
Balance September 30, 2023	$	(26,243)	$	8,473	$	(17,770)

	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	(376)		—		(376)
Reclassification out of accumulated other comprehensive income (loss) into other income (expense) for foreign currency and interest expense for cash flow hedges	—		(5,644)		(5,644)
Balance September 30, 2023	$	(26,243)	$	8,473	$	(17,770)