TANGER INC. (SKT)
2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | |
---|---|---|---|---|
Rental revenues - fixed | - | 107,196 | - | - |
Rental revenues - variable | - | 22,089 | - | - |
Rental revenues - fixed | - | - | 98,879 | 99,174 |
Rental revenues - variable | - | - | 26,342 | 23,145 |
Total revenues | 140,694 | 135,363 | 133,001 | 128,956 |
Property operating | 40,373 | 41,820 | 40,247 | 37,549 |
General and administrative | 18,992 | 18,993 | 18,215 | 18,813 |
Depreciation and amortization | 36,608 | 37,146 | 35,376 | 34,174 |
Impairment charge | - | 4,249 | - | - |
Total expenses | 95,973 | 102,208 | 93,838 | 90,536 |
Interest expense | - | - | - | 15,700 |
Other income (expense) | -26 | 217 | -52 | 220 |
Interest expense | 16,399 | 15,772 | 15,493 | - |
Total other income (expense) | -16,425 | -15,555 | -15,545 | -15,480 |
Income before equity in earnings of unconsolidated joint ventures | 28,296 | 17,600 | 23,618 | 22,940 |
Equity in earnings of unconsolidated joint ventures | 3,034 | 2,399 | 2,312 | 2,975 |
Net income | 31,330 | 19,999 | 25,930 | 25,915 |
Noncontrolling interests in other consolidated partnerships | - | - | - | - |
Noncontrolling interests in operating partnership | 1,244 | 798 | 1,074 | 1,075 |
Net income attributable to tanger inc | 30,086 | 19,201 | 24,856 | 24,840 |
Basic weighted average common shares (in shares) | 112,659,000 | 112,396,000 | 108,972,000 | 108,683,000 |
Diluted weighted average common shares (in shares) | 114,123,000 | 113,953,000 | 110,704,000 | 110,193,000 |
Net income (in dollars per unit) | 0.26 | 0.17 | 0.22 | 0.22 |
Net income (in dollars per unit) | 0.27 | 0.17 | 0.23 | 0.23 |