SKT: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, SKT has $2,635,937K in assets. $1,903,786K in debts. $13,029K in cash and cash equivalents.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Balance Sheets	2025-09-30	2025-06-30
Land	342,203	332,010
Buildings, improvements and fixtures	3,318,981	3,187,548
Construction in progress	18,310	11,662
Rental property, at cost, total	3,679,494	3,531,220
Accumulated depreciation	1,483,480	1,453,947
Total rental property, net	2,196,014	2,077,273
Cash and cash equivalents	13,029	9,741
Restricted cash	37,199	-
Investments in unconsolidated joint ventures	65,695	66,671
Deferred lease costs and other intangibles, net	115,999	100,155
Operating lease right-of-use assets	81,741	75,421
Prepaids and other assets	126,260	122,987
Total assets	2,635,937	2,452,248

Senior, unsecured notes, net	1,043,131	1,042,656
Unsecured term loan, net	323,831	323,617
Mortgages payable, net	186,050	67,658
Unsecured lines of credit	60,000	92,000
Total debt	1,613,012	1,525,931
Accounts payable and accrued expenses	98,527	86,506
Operating lease liabilities	90,071	83,777
Other liabilities	102,176	94,692
Total liabilities	1,903,786	1,790,906
Common shares, 0.01 par value, 300,000,000 shares authorized, 115,115,168 and 112,738,633 shares issued and outstanding at september30, 2025 and december31, 2024, respectively	1,151	1,132
Paid in capital	1,260,435	1,190,344
Accumulated distributions in excess of net income	528,996	527,896
Accumulated other comprehensive loss	-28,944	-28,408
Equity attributable to tanger inc	703,646	635,172
Noncontrolling interests in operating partnership	28,505	26,170
Noncontrolling interests in other consolidated partnerships	0	0
Total equity	732,151	661,342
Total liabilities and equity	2,635,937	2,452,248

Unit: Thousand (K) dollars