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Debt of the Operating Partnership (Tables) (Tanger Properties Limited Partnership [Member]) | 12 Months Ended
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Dec. 31, 2012
Tanger Properties Limited Partnership [Member] |
Schedule of Debt | Debt as of December 31, 2012 and 2011 consists of the following (in thousands):
|  |  |  |  |  | As of |  | As of
|  |  |  |  |  | December 31, 2012 |  | December 31, 2011
|  | Stated Interest Rate(s) |  | Maturity Date |  | Principal |  | Premium (Discount) |  | Principal |  | Premium (Discount)
Senior, unsecured notes: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Senior notes |  | 6.15% |  | November 2015 |  | $ | 250,000 |  |  | $ | (317 | ) |  | $ | 250,000 |  |  | $ | (417 | )
Senior notes |  | 6.125% |  | June 2020 |  | 300,000 |  |  | (1,650 | ) |  | 300,000 |  |  | (1,820 | )
Mortgages payable (1): |  |  |  |  |  |  |  |  |  |  |  |
Atlantic City |  | 5.14%-7.65% |  | November 2021-December 2026 |  | 52,212 |  |  | 4,495 |  |  | 53,826 |  |  | 4,894 |
Ocean City |  | 5.24% |  | January 2016 |  | 18,540 |  |  | 285 |  |  | 18,867 |  |  | 375 |
Hershey |  | 5.17%-8.00% |  | August 2015 |  | 30,631 |  |  | 1,581 |  |  | 31,252 |  |  | 2,165 |
Note payable (1) |  | 1.50% |  | June 2016 |  | 10,000 |  |  | (546 | ) |  | 10,000 |  |  | (692 | )
Unsecured term loan (2) |  | LIBOR + 1.80% |  | February 2019 |  | 250,000 |  |  | — |  |  | — |  |  | — |
Unsecured lines of credit (3) |  | LIBOR + 1.25% |  | November 2015 |  | 178,306 |  |  | — |  |  | 357,092 |  |  | — |
|  |  |  |  |  | $ | 1,089,689 |  |  | $ | 3,848 |  |  | $ | 1,021,037 |  |  | $ | 4,505 |
(1) | The effective interest rates assigned during the purchase price allocation to these assumed mortgages and note payable during acquisitions in 2011 were as follows: Atlantic City 5.05%, Ocean City 4.68%, Hershey 3.40% and note payable 3.15%.
(2) | Our unsecured term loan is pre-payable without penalty beginning in February of 2015.
(3) | Our unsecured lines of credit as of December 31, 2012 bear interest at a rate of LIBOR + 1.25% and expire on November 10, 2015. We have the option to extend the lines for one additional year to November 10, 2016. These lines require a facility fee payment of 0.25% annually based on the total amount of the commitment. The credit spread and facility fee can vary depending on our investment grade rating.
Schedule of Maturities of Long-term Debt | Maturities of the existing long-term debt as of December 31, 2012 are as follows (in thousands):
Calendar Year |  | Amount
2013 |  | $ | 4,633 |
2014 |  | 3,599 |
2015 |  | 460,645 |
2016 |  | 30,279 |
2017 |  | 3,004 |
Thereafter |  | 587,529 |
Subtotal |  | 1,089,689 |
Net premiums |  | 3,848 |
Total |  | $ | 1,093,537 |

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- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
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- Definition Tabular disclosure of the combined aggregate amount of maturities and sinking fund requirements for all long-term borrowings for each of the five years following the date of the latest balance sheet date presented. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6802200&loc=d3e1835-112601 + Details
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