TANGER INC
For the period ended Dec 31, 2023. Filed Feb 21, 2024.
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FY2023 · Filed Feb 21, 2024
SKT$39.75+0.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets - December 31, 2023 and
(in thousands, except for unit data)
| December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| Assets | ||
| Rental property: | ||
| Land | $303,605 | $275,079 |
| Buildings, improvements and fixtures | 2,938,434 | 2,553,452 |
| Construction in progress | 29,201 | 27,340 |
| 3,271,240 | 2,855,871 | |
| Accumulated depreciation | (1,318,264) | (1,224,962) |
| Total rental property, net | 1,952,976 | 1,630,909 |
| Cash and cash equivalents | 12,572 | 212,011 |
| Short-term investments | 9,187 | 52,450 |
| Investments in unconsolidated joint ventures | 71,900 | 73,809 |
| Deferred lease costs and other intangibles, net | 91,269 | 58,574 |
| Operating lease right-of-use assets | 77,400 | 78,636 |
| Prepaids and other assets | 108,157 | 110,622 |
| Total assets | $2,323,461 | $2,217,011 |
| Liabilities and Equity | ||
| Liabilities | ||
| Debt: | ||
| Senior, unsecured notes, net | $1,039,840 | $1,037,998 |
| Unsecured term loans, net | 322,322 | 321,525 |
| Mortgages payable, net | 64,041 | 68,971 |
| Unsecured lines of credit | 13,000 | — |
| Total debt | 1,439,203 | 1,428,494 |
| Accounts payable and accrued expenses | 117,847 | 104,087 |
| Operating lease liabilities | 86,076 | 87,528 |
| Other liabilities | 89,022 | 82,968 |
| Total liabilities | 1,732,148 | 1,703,077 |
| Commitments and contingencies (Note 22) | ||
| Equity | ||
| Partners' Equity: | ||
| General partner, 1,150,000 and 1,100,000 units outstanding at December 31, 2023 and December 31, 2022, respectively | 5,776 | 4,516 |
| Limited partners, 4,707,958 and 4,737,982 Class A common units, and 107,643,251 and 103,397,920 Class B common units outstanding at December 31, 2023 and December 31, 2022, respectively | 610,330 | 521,168 |
| Accumulated other comprehensive loss | (24,793) | (11,750) |
| Total partners' equity | 591,313 | 513,934 |
| Noncontrolling interests in consolidated partnerships | — | — |
| Total equity | 591,313 | 513,934 |
| Total liabilities and equity | $2,323,461 | $2,217,011 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.