For the year ending 2025-12-31, SKT had $6,536K increase in cash & cash equivalents over the period.
| Cash Flow | 2025-12-31 |
|---|---|
| Total revenues | 571,790 |
| Advertising and promotion | 17,799 |
| Common area maintenance | 75,353 |
| Real estate taxes | 42,920 |
| Other operating expense | 36,984 |
| Total expenses | 173,056 |
| Portfolio net operating income - consolidated | 398,734 |
| Equity in earnings of unconsolidated joint ventures | 13,580 |
| Interest expense | 65,860 |
| Impairment charge | -4,249 |
| Other income | 668 |
| Depreciation and amortization | 150,976 |
| Other non-property (income) expenses | -1,648 |
| General and administrative | 78,923 |
| Non-cash adjustments | -3,776 |
| Lease termination fees | 1,103 |
| Net income | 119,501 |
| Depreciation and amortization | 150,976 |
| Impairment charge | 4,249 |
| Amortization of deferred financing costs | 3,735 |
| Equity in earnings of unconsolidated joint ventures | 13,580 |
| Equity-based compensation expense | 12,734 |
| Amortization of debt (premiums) and discounts, net | 321 |
| Amortization of market rent rate adjustments, net | -339 |
| Straight-line rent adjustments | 3,410 |
| Distributions of cumulative earnings from unconsolidated joint ventures | 13,540 |
| Other non-cash | 0 |
| Other assets | 19,285 |
| Accounts payable and accrued expenses | 26,927 |
| Net cash provided by operating activities | 295,369 |
| Additions to rental property | 90,178 |
| Additions to investments in unconsolidated joint ventures | 0 |
| Net proceeds from sale of real estate assets | 16,634 |
| Acquisition of real estate assets | 182,996 |
| Additions to short-term investments | 0 |
| Proceeds from short-term investments | 0 |
| Distributions in excess of cumulative earnings from unconsolidated joint ventures | 3,225 |
| Additions to non-real estate assets | 5,856 |
| Additions to deferred lease costs | 4,960 |
| Payments for other investing activities | 6,560 |
| Proceeds from other investing activities | -7,154 |
| Net cash used in investing activities | -263,537 |
| Cash dividends or distributions paid | 132,200 |
| Distributions to noncontrolling interests in operating partnership | 5,407 |
| Proceeds from revolving credit facility | 329,000 |
| Repayments of revolving credit facility | 285,000 |
| Proceeds from notes, mortgages and loans | 10,000 |
| Repayments of notes, mortgages and loans | 1,501 |
| Employee income taxes paid related to shares withheld upon vesting of equity awards | 8,071 |
| Distributions to noncontrolling interests in other consolidated partnerships | 0 |
| Additions to deferred financing costs | 615 |
| Proceeds from exercise of options | 434 |
| Proceeds from the companys common share offering | 68,886 |
| Payment for other financing activities | 1,148 |
| Net cash provided (used in) by financing activities | -25,622 |
| Effect of foreign currency rate changes on cash and cash equivalents | 326 |
| Net increase/(decrease) in cash, cash equivalents and restricted cash | 6,536 |
| Cash, cash equivalents and restricted cash beginning of year | 46,992 |
| Cash, cash equivalents and restricted cash end of year | 53,528 |
TANGER INC. (SKT)
TANGER INC. (SKT)