XML 146 R69.htm IDEA: XBRL DOCUMENT
v2.4.1.9

Acquisition of Rental Property - Narrative (Details) (USD $) | 1 Months Ended | 4 Months Ended | 12 Months Ended |
--- | --- | --- | --- | ---
Aug. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2014 | Dec. 31, 2013 | Dec. 31, 2012 | Sep. 30, 2011
Acquistion of Rental Property [Line Items] |  |  |  |  |  |
Square Feet |  |  | 982,000us-gaap_AreaOfRealEstateProperty |  |  |
Deer Park [Member] |  |  |  |  |  |
Acquistion of Rental Property [Line Items] |  |  |  |  |  |
Consideration transferred to equity partner | $ 27,900,000skt_BusinessCombinationConsiderationTransferredtoEquityPartner / us-gaap_BusinessAcquisitionAxis = skt_DeerParkMember |  |  |  |  |
Payments to acquire equity method investments | 13,900,000us-gaap_PaymentsToAcquireEquityMethodInvestments / us-gaap_BusinessAcquisitionAxis = skt_DeerParkMember |  |  |  |  |
Contingent consideration associated with acquisition | 0us-gaap_ContingentConsiderationClassifiedAsEquityFairValueDisclosure / us-gaap_BusinessAcquisitionAxis = skt_DeerParkMember |  |  |  |  |
Acquisition costs | 1,000,000us-gaap_BusinessCombinationAcquisitionRelatedCosts / us-gaap_BusinessAcquisitionAxis = skt_DeerParkMember |  |  |  |  |
Gain on previously held interest in acquired joint venture | 26,000,000us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain / us-gaap_BusinessAcquisitionAxis = skt_DeerParkMember |  |  |  |  |
Fixed annual lease payments to property owners | 2,500,000skt_FixedAnnualLeasePaymentstoPropertyOwners / us-gaap_BusinessAcquisitionAxis = skt_DeerParkMember |  |  |  |  |
Pre-acquisition value of redeemable noncontrolling interest | 28,400,000skt_PreAcquisitionValueofRedeemableNoncontrollingInterest / us-gaap_BusinessAcquisitionAxis = skt_DeerParkMember |  |  |  |  |
Pro forma information, revenue of acquiree since acquisition date, actual |  | 11,100,000us-gaap_BusinessCombinationProFormaInformationRevenueOfAcquireeSinceAcquisitionDateActual / us-gaap_BusinessAcquisitionAxis = skt_DeerParkMember |  |  |  |
Pro forma information, earnings or (loss) of acquiree since acquisition date, actual |  | (3,500,000)us-gaap_BusinessCombinationProFormaInformationEarningsOrLossOfAcquireeSinceAcquisitionDateActual / us-gaap_BusinessAcquisitionAxis = skt_DeerParkMember |  |  |  |
Deer Park [Member] |  |  |  |  |  |
Acquistion of Rental Property [Line Items] |  |  |  |  |  |
Principal | 150,000,000us-gaap_DebtInstrumentCarryingAmount / us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis = skt_DeerParkMember |  |  |  |  |
Basis spread on variable rate, basis points | 150.00%skt_DebtInstrumentBasisSpareadonVariableRateBasisPoints / us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis = skt_DeerParkMember |  |  |  |  |
Amount borrowed under existing lines of credit to fund acquisition | 89,500,000skt_AmountBorrowedUnderExistingLinesofCredittoFundAcquisition / us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis = skt_DeerParkMember |  |  |  |  |
Basis spread on variable rate | 3.25%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1 / us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis = skt_DeerParkMember |  |  |  |  |
Gain on early extinguishment of debt (2) | 13,800,000us-gaap_GainsLossesOnExtinguishmentOfDebt / us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis = skt_DeerParkMember |  |  |  |  |
Gain (loss) on extinguishment of debt and litigation settlement | 7,800,000skt_GainLossonExtinguishmentofDebtandLitigationSettlement / us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis = skt_DeerParkMember |  |  |  |  |
Additional Ownership Percentage Acquired | 33.30%skt_AdditionalOwnershipPercentageAcquired / us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis = skt_DeerParkMember |  |  |  |  |
Ownership % | 66.70%us-gaap_EquityMethodInvestmentOwnershipPercentage / us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis = skt_DeerParkMember |  |  |  |  |
Hershey [Member] |  |  |  |  |  |
Acquistion of Rental Property [Line Items] |  |  |  |  |  |
Square Feet |  |  | 248,000us-gaap_AreaOfRealEstateProperty / us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis = skt_HersheyMember |  |  |
Loan included in other assets |  |  |  |  |  | 6,200,000us-gaap_NotesReceivableRelatedParties / us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis = skt_HersheyMember
Mezzanine and Senior Loans Combined [Member] | Deer Park [Member] |  |  |  |  |  |
Acquistion of Rental Property [Line Items] |  |  |  |  |  |
Secured debt | 238,500,000us-gaap_SecuredDebt / us-gaap_DebtInstrumentAxis = skt_MezzanineAndSeniorLoansCombinedMember / us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis = skt_DeerParkMember |  |  |  |  |
Tanger Properties Limited Partnership [Member] |  |  |  |  |  |
Acquistion of Rental Property [Line Items] |  |  |  |  |  |
Principal |  | 1,330,398,000us-gaap_DebtInstrumentCarryingAmount / dei_LegalEntityAxis = us-gaap_SubsidiariesMember | 1,446,830,000us-gaap_DebtInstrumentCarryingAmount / dei_LegalEntityAxis = us-gaap_SubsidiariesMember | 1,330,398,000us-gaap_DebtInstrumentCarryingAmount / dei_LegalEntityAxis = us-gaap_SubsidiariesMember |  |
Gain on early extinguishment of debt (2) |  |  | (13,140,000)us-gaap_GainsLossesOnExtinguishmentOfDebt / dei_LegalEntityAxis = us-gaap_SubsidiariesMember | 0us-gaap_GainsLossesOnExtinguishmentOfDebt / dei_LegalEntityAxis = us-gaap_SubsidiariesMember | 0us-gaap_GainsLossesOnExtinguishmentOfDebt / dei_LegalEntityAxis = us-gaap_SubsidiariesMember |
Acquisition costs |  |  | 7,000us-gaap_BusinessCombinationAcquisitionRelatedCosts / dei_LegalEntityAxis = us-gaap_SubsidiariesMember | 1,203,000us-gaap_BusinessCombinationAcquisitionRelatedCosts / dei_LegalEntityAxis = us-gaap_SubsidiariesMember | 117,000us-gaap_BusinessCombinationAcquisitionRelatedCosts / dei_LegalEntityAxis = us-gaap_SubsidiariesMember |
Gain on previously held interest in acquired joint venture |  |  | $ 0us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain / dei_LegalEntityAxis = us-gaap_SubsidiariesMember | $ 26,002,000us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain / dei_LegalEntityAxis = us-gaap_SubsidiariesMember | $ 0us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain / dei_LegalEntityAxis = us-gaap_SubsidiariesMember |
Class A Limited Partnership Units [Member] | Tanger Properties Limited Partnership [Member] | Deer Park [Member] |  |  |  |  |  |
Acquistion of Rental Property [Line Items] |  |  |  |  |  |
Consideration paid number of shares | 450,576us-gaap_BusinessAcquisitionEquityInterestsIssuedOrIssuableNumberOfSharesIssued / us-gaap_BusinessAcquisitionAxis = skt_DeerParkMember / dei_LegalEntityAxis = us-gaap_SubsidiariesMember / us-gaap_StatementClassOfStockAxis = skt_ClassALimitedPartnershipUnitsMember |  |  |  |  |

X
- Details
Name: | skt_AcquistionOfRentalPropertyLineItems
Namespace Prefix: | skt_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Additional Ownership Percentage Acquired + References No definition available. + Details
Name: | skt_AdditionalOwnershipPercentageAcquired
Namespace Prefix: | skt_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Amount Borrowed Under Existing Lines of Credit to Fund Acquisition + References No definition available. + Details
Name: | skt_AmountBorrowedUnderExistingLinesofCredittoFundAcquisition
Namespace Prefix: | skt_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Business Combination, Consideration Transferred to Equity Partner + References No definition available. + Details
Name: | skt_BusinessCombinationConsiderationTransferredtoEquityPartner
Namespace Prefix: | skt_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Debt Instrument, Basis Sparead on Variable Rate, Basis Points + References No definition available. + Details
Name: | skt_DebtInstrumentBasisSpareadonVariableRateBasisPoints
Namespace Prefix: | skt_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Fixed Annual Lease Payments to Property Owners, The amount of fixed annual lease payments to be made to the property owners, excluding debt service required amounts. + References No definition available. + Details
Name: | skt_FixedAnnualLeasePaymentstoPropertyOwners
Namespace Prefix: | skt_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Gain (Loss) on Extinguishment of Debt and Litigation Settlement + References No definition available. + Details
Name: | skt_GainLossonExtinguishmentofDebtandLitigationSettlement
Namespace Prefix: | skt_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Pre Acquisition Value of Redeemable Noncontrolling Interest + References No definition available. + Details
Name: | skt_PreAcquisitionValueofRedeemableNoncontrollingInterest
Namespace Prefix: | skt_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Area of a real estate property. + References No definition available. + Details
Name: | us-gaap_AreaOfRealEstateProperty
Namespace Prefix: | us-gaap_
Data Type: | num:areaItemType
Balance Type: | na
Period Type: | instant

X
- Definition Number of shares of equity interests issued or issuable to acquire entity. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (b)(4) -URI http://asc.fasb.org/extlink&oid=35744584&loc=d3e6927-128479 + Details
Name: | us-gaap_BusinessAcquisitionEquityInterestsIssuedOrIssuableNumberOfSharesIssued
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- Definition This element represents acquisition-related costs incurred to effect a business combination which costs have been expensed during the period. Such costs include finder's fees; advisory, legal, accounting, valuation, and other professional or consulting fees; general administrative costs, including the costs of maintaining an internal acquisitions department; and may include costs of registering and issuing debt and equity securities. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 25 -Paragraph 23 -URI http://asc.fasb.org/extlink&oid=34752592&loc=d3e1043-128460 + Details
Name: | us-gaap_BusinessCombinationAcquisitionRelatedCosts
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition This element represents the amount of earnings or loss of the acquiree since the acquisition date included in the consolidated income statement for the reporting period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(1) -URI http://asc.fasb.org/extlink&oid=25497992&loc=d3e1392-128463 + Details
Name: | us-gaap_BusinessCombinationProFormaInformationEarningsOrLossOfAcquireeSinceAcquisitionDateActual
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition This element represents the amount of revenue of the acquiree since the acquisition date included in the consolidated income statement for the reporting period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(1) -URI http://asc.fasb.org/extlink&oid=25497992&loc=d3e1392-128463 + Details
Name: | us-gaap_BusinessCombinationProFormaInformationRevenueOfAcquireeSinceAcquisitionDateActual
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition In a business combination achieved in stages, this element represents the amount of gain recognized by the entity as a result of remeasuring to fair value the equity interest in the acquiree it held before the business combination. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (g)(2) -URI http://asc.fasb.org/extlink&oid=25497992&loc=d3e1392-128463 + Details
Name: | us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Fair value of contingent consideration in a business combination that is classified in shareholders' equity. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19207-110258 + Details
Name: | us-gaap_ContingentConsiderationClassifiedAsEquityFairValueDisclosure
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Percentage points added to the reference rate to compute the variable rate on the debt instrument. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount of long-term debt before deduction of unamortized discount or premium. Includes, but is not limited to, notes payable, bonds payable, commercial loans, mortgage loans, convertible debt, subordinated debt and other types of debt, with initial maturities beyond one year or the normal operating cycle, if longer. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 20 -Article 5 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 22 -Article 5 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 16 -Article 9 + Details
Name: | us-gaap_DebtInstrumentCarryingAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The percentage of ownership of common stock or equity participation in the investee accounted for under the equity method of accounting. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -Subparagraph (a)(1) -URI http://asc.fasb.org/extlink&oid=6382943&loc=d3e33918-111571 + Details
Name: | us-gaap_EquityMethodInvestmentOwnershipPercentage
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=31042434&loc=d3e3602-108585 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 50 -Section 40 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6850294&loc=d3e12317-112629 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 50 -Section 40 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=6850294&loc=d3e12355-112629 + Details
Name: | us-gaap_GainsLossesOnExtinguishmentOfDebt
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition For an unclassified balance sheet, amounts due from parties associated with the reporting entity as evidenced by a written promise to pay. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(k)(1)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39549-107864 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 08 -Paragraph k -Subparagraph 1 -Article 4 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 3 -Article 7 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03.3) -URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Related Parties -URI http://asc.fasb.org/extlink&oid=16382449 + Details
Name: | us-gaap_NotesReceivableRelatedParties
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition The cash outflow associated with the purchase of or advances to an equity method investments, which are investments in joint ventures and entities in which the entity has an equity ownership interest normally of 20 to 50 percent and exercises significant influence. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 13 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=31042434&loc=d3e3213-108585 + Details
Name: | us-gaap_PaymentsToAcquireEquityMethodInvestments
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Carrying value as of the balance sheet date, including the current and noncurrent portions, of collateralized debt obligations (with maturities initially due after one year or beyond the operating cycle, if longer). Such obligations include mortgage loans, chattel loans, and any other borrowings secured by assets of the borrower. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.16) -URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 16 -Article 9 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 19, 20, 22 -Article 5 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03.16) -URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910 + Details
Name: | us-gaap_SecuredDebt
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Details
Name: | dei_LegalEntityAxis=us-gaap_SubsidiariesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_BusinessAcquisitionAxis=skt_DeerParkMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=skt_MezzanineAndSeniorLoansCombinedMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis=skt_DeerParkMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis=skt_HersheyMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementClassOfStockAxis=skt_ClassALimitedPartnershipUnitsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |