TANGER FACTORY OUTLET CENTERS, INC. AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2025	Dec. 31, 2024
Rental property:
Land	$ 342,203	$ 311,355
Buildings, improvements and fixtures	3,318,981	3,089,239
Construction in progress	18,310	7,453
Rental property, at cost, total	3,679,494	3,408,047
Accumulated depreciation	(1,483,480)	(1,428,017)
Total rental property, net	2,196,014	1,980,030
Cash and cash equivalents	13,029	46,992
Restricted cash	37,199	0
Investments in unconsolidated joint ventures	65,695	65,665
Deferred lease costs and other intangibles, net	115,999	85,028
Operating lease right-of-use assets	81,741	76,099
Prepaids and other assets	126,260	127,369
Total assets	2,635,937	2,381,183
Debt:
Senior, unsecured notes, net	1,043,131	1,041,710
Unsecured term loan, net	323,831	323,182
Mortgages payable, net	186,050	58,867
Unsecured lines of credit	60,000	0
Total debt	1,613,012	1,423,759
Accounts payable and accrued expenses	98,527	107,775
Operating lease liabilities	90,071	84,499
Other liabilities	102,176	85,476
Total liabilities	1,903,786	1,701,509
Commitments and contingencies
Tanger Inc.:
Common shares, $0.01 par value, 300,000,000 shares authorized, 115,115,168 and 112,738,633 shares issued and outstanding at September 30, 2025 and December 31, 2024, respectively	1,151	1,127
Paid in capital	1,260,435	1,190,746
Accumulated distributions in excess of net income	(528,996)	(511,816)
Accumulated other comprehensive loss	(28,944)	(27,687)
Equity attributable to Tanger Inc.	703,646	652,370
Noncontrolling interests in Operating Partnership	28,505	27,304
Noncontrolling interests in other consolidated partnerships	0	0
Total equity	732,151	679,674
Total liabilities and equity	$ 2,635,937	$ 2,381,183