TANGER FACTORY OUTLET CENTERS, INC. AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2026	Dec. 31, 2025
Rental property:
Land	$ 342,203	$ 342,203
Buildings, improvements and fixtures	3,368,779	3,360,308
Construction in progress	21,286	18,174
Rental property, at cost, total	3,732,268	3,720,685
Accumulated depreciation	(1,547,230)	(1,513,594)
Total rental property, net	2,185,038	2,207,091
Cash and cash equivalents	207,403	18,133
Restricted Cash	35,811	35,395
Short-term investments	20,000	0
Investments in unconsolidated joint ventures	64,788	64,862
Deferred lease costs and other intangibles, net	105,489	110,669
Operating lease right-of-use assets	83,136	83,497
Prepaids and other assets	132,609	136,335
Total assets	2,834,274	2,655,982
Debt:
Senior, unsecured notes, net	1,044,088	1,043,609
Convertible Notes Payable	242,826	0
Unsecured term loans, net	394,342	323,978
Mortgages payable, net	184,418	185,234
Unsecured lines of credit	0	44,000
Total debt	1,865,674	1,596,821
Accounts payable and accrued expenses	78,442	133,065
Operating lease liabilities	91,179	91,569
Other liabilities	101,197	99,423
Total liabilities	2,136,492	1,920,878
Commitments and contingencies
Tanger Inc.:
Common shares, $0.01 par value, 300,000,000 shares authorized, 114,875,851 and 115,097,359 shares issued and outstanding at March 31, 2026 and December 31, 2025, respectively	1,149	1,151
Paid in capital	1,230,945	1,262,920
Accumulated distributions in excess of net income	(536,026)	(529,239)
Accumulated other comprehensive loss	(25,593)	(28,349)
Equity attributable to Tanger Inc.	670,475	706,483
Noncontrolling interests in Operating Partnership	27,307	28,621
Noncontrolling interests in other consolidated partnerships	0	0
Total equity	697,782	735,104
Total liabilities and equity	$ 2,834,274	$ 2,655,982