TANGER FACTORY OUTLET CENTERS, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2026	Mar. 31, 2025
OPERATING ACTIVITIES
Net income (loss)	$ 29,417	$ 19,999
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	40,352	37,146
Impairment charge	0	4,249
Amortization of deferred financing costs	1,256	940
Equity in earnings of unconsolidated joint ventures	(3,442)	(2,399)
Equity-based compensation expense	3,610	2,926
Amortization of debt (premiums) and discounts, net	(226)	205
Accretion of market rent rate adjustments, net	(354)	(402)
Straight-line rent adjustments	(2,352)	418
Distributions of cumulative earnings from unconsolidated joint ventures	4,083	4,050
Changes in other assets and liabilities:
Other assets	8,104	(2,760)
Accounts payable and accrued expenses	(44,107)	(22,935)
Net cash provided by operating activities	36,341	41,437
INVESTING ACTIVITIES
Additions to rental property	(20,837)	(10,300)
Acquisition of real estate assets	0	(164,190)
Additions to short-term investments	20,000	0
Additions to non-real estate assets	(1,528)	(1,345)
Distributions in excess of cumulative earnings from unconsolidated joint ventures	2,114	1,299
Additions to deferred lease costs	(1,222)	(687)
Payments for other investing activities	(433)	(1,513)
Proceeds from other investing activities	627	1,039
Net cash used in investing activities	(41,279)	(175,697)
FINANCING ACTIVITIES
Cash dividends paid	(35,048)	(32,232)
Distributions to noncontrolling interests in Operating Partnership	1,377	1,282
Proceeds from revolving credit facility	0	160,000
Repayments of revolving credit facility	(44,000)	(21,000)
Proceeds from issuance of senior, unsecured exchangeable notes	250,000	0
Proceeds from notes, mortgages and loans	194,857	0
Repayments of notes, mortgages and loans	(120,247)	(366)
Employee income taxes paid related to shares withheld upon vesting of equity awards	(8,274)	(7,261)
Repurchase of common shares, including transaction costs	(20,000)	0
Additions to deferred financing costs	(12,337)	0
Capped call transactions premium	(9,025)	0
Proceeds from exercise of options	431	38
Payment for other financing activities	(287)	(282)
Net cash provided by financing activities	194,693	97,615
Effect of foreign currency rate changes on cash and cash equivalents	(69)	(191)
Net increase (decrease) in cash, cash equivalents and restricted cash	189,686	(36,836)
Cash, cash equivalents and restricted cash beginning of period	53,528	46,992
Cash, cash equivalents and restricted cash end of period	$ 243,214	$ 10,156