$EGP
EASTGROUP PROPERTIES INC

2021 Q2 Form 10-Q Financial Statement

#000004960021000104 Filed on July 28, 2021

View on sec.gov

Income Statement

Concept 2021 Q2 2020 Q2
Revenue $99.58M $89.72M
YoY Change 10.99% 9.27%
Cost Of Revenue $28.06M $25.35M
YoY Change 10.68% 10.6%
Gross Profit $71.52M $64.36M
YoY Change 11.12% 8.75%
Gross Profit Margin 71.82% 71.74%
Selling, General & Admin $4.486M $4.030M
YoY Change 11.32% -10.64%
% of Gross Profit 6.27% 6.26%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $31.35M $28.57M
YoY Change 9.73% 4.69%
% of Gross Profit 43.83% 44.39%
Operating Expenses $35.97M $32.76M
YoY Change 9.8% 2.7%
Operating Profit $35.55M $31.60M
YoY Change 12.5% 15.84%
Interest Expense $8.181M $8.346M
YoY Change -1.98% -5.65%
% of Operating Profit 23.01% 26.41%
Other Income/Expense, Net $210.0K $230.0K
YoY Change -8.7% -140.35%
Pretax Income $27.58M $23.49M
YoY Change 17.4% -12.84%
Income Tax
% Of Pretax Income
Net Earnings $27.58M $23.49M
YoY Change 17.42% -12.85%
Net Earnings / Revenue 27.7% 26.18%
Basic Earnings Per Share $0.69 $0.60
Diluted Earnings Per Share $0.69 $0.60
COMMON SHARES
Basic Shares Outstanding 40.07M shares 39.01M shares
Diluted Shares Outstanding 40.17M shares 39.08M shares

Balance Sheet

Concept 2021 Q2 2020 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $38.57M $100.0K
YoY Change 38465.0% -66.67%
Cash & Equivalents $38.57M $104.0K
Short-Term Investments
Other Short-Term Assets $18.16M $17.20M
YoY Change 5.58% 31.3%
Inventory
Prepaid Expenses
Receivables $55.33M $47.10M
Other Receivables $0.00 $0.00
Total Short-Term Assets $112.1M $64.40M
YoY Change 73.99% 16.88%
LONG-TERM ASSETS
Property, Plant & Equipment $2.654B $2.477B
YoY Change 7.15% 14.58%
Goodwill $990.0K $990.0K
YoY Change 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments $7.353M $7.322M
YoY Change 0.42% -9.47%
Other Assets
YoY Change
Total Long-Term Assets $2.744B $2.558B
YoY Change 7.25% 14.19%
TOTAL ASSETS
Total Short-Term Assets $112.1M $64.40M
Total Long-Term Assets $2.744B $2.558B
Total Assets $2.856B $2.623B
YoY Change 8.89% 14.25%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $50.36M $48.30M
YoY Change 4.26% 8.78%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $13.20M
YoY Change -100.0% 25.71%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $140.4M $135.2M
YoY Change 3.81% 3.6%
LONG-TERM LIABILITIES
Long-Term Debt $1.316B $1.233B
YoY Change 6.78% 8.56%
Other Long-Term Liabilities $25.81M $38.00M
YoY Change -32.08% 83.57%
Total Long-Term Liabilities $1.342B $1.271B
YoY Change 5.61% 9.9%
TOTAL LIABILITIES
Total Short-Term Liabilities $140.4M $135.2M
Total Long-Term Liabilities $1.342B $1.271B
Total Liabilities $1.482B $1.406B
YoY Change 5.45% 9.27%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $1.715B $1.558B
YoY Change 10.03% 16.55%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.372B $1.215B
YoY Change
Total Liabilities & Shareholders Equity $2.856B $2.623B
YoY Change 8.89% 14.25%

Cashflow Statement

Concept 2021 Q2 2020 Q2
OPERATING ACTIVITIES
Net Income $27.58M $23.49M
YoY Change 17.42% -12.85%
Depreciation, Depletion And Amortization $31.35M $28.57M
YoY Change 9.73% 4.69%
Cash From Operating Activities $62.61M $65.30M
YoY Change -4.12% 14.76%
INVESTING ACTIVITIES
Capital Expenditures -$85.68M -$44.00M
YoY Change 94.74% -69.9%
Acquisitions
YoY Change
Other Investing Activities $4.139M -$4.100M
YoY Change -200.95% -139.42%
Cash From Investing Activities -$81.64M -$48.10M
YoY Change 69.74% -64.61%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 57.58M -17.70M
YoY Change -425.31% -122.84%
NET CHANGE
Cash From Operating Activities 62.61M 65.30M
Cash From Investing Activities -81.64M -48.10M
Cash From Financing Activities 57.58M -17.70M
Net Change In Cash 38.54M -500.0K
YoY Change -7808.8% -66.67%
FREE CASH FLOW
Cash From Operating Activities $62.61M $65.30M
Capital Expenditures -$85.68M -$44.00M
Free Cash Flow $148.3M $109.3M
YoY Change 35.68% -46.18%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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EastGroup Properties Inc
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CY2020Q1 egp Withheld Shares Of Common Stock To Satisfy Tax Withholding Obligations In Connection With Vesting Of Restricted Stock Shares
WithheldSharesOfCommonStockToSatisfyTaxWithholdingObligationsInConnectionWithVestingOfRestrictedStockShares
33963 shares
CY2020Q1 egp Withheld Shares Of Common Stock To Satisfy Tax Withholding Obligations In Connection With Vesting Of Restricted Stock
WithheldSharesOfCommonStockToSatisfyTaxWithholdingObligationsInConnectionWithVestingOfRestrictedStock
4589000 USD
CY2020Q1 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
34000 USD
CY2020Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1192363000 USD
CY2020Q2 us-gaap Profit Loss
ProfitLoss
23487000 USD
CY2020Q2 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-1824000 USD
CY2020Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.75
CY2020Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
29551000 USD
CY2020Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
-2694000 USD
CY2020Q2 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
243621 shares
CY2020Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
29647000 USD
CY2020Q2 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
19000 USD
egp Gainoncasualtiesandinvoluntaryconversion
Gainoncasualtiesandinvoluntaryconversion
0 USD
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
1145000 USD
CY2020Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1216797000 USD
us-gaap Profit Loss
ProfitLoss
54935000 USD
us-gaap Profit Loss
ProfitLoss
46785000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
61662000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
56462000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
4011000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
3421000 USD
egp Gainoncasualtiesandinvoluntaryconversion
Gainoncasualtiesandinvoluntaryconversion
-161000 USD
us-gaap Increase Decrease In Operating Assets
IncreaseDecreaseInOperatingAssets
3430000 USD
us-gaap Increase Decrease In Operating Assets
IncreaseDecreaseInOperatingAssets
-570000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
19783000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
8460000 USD
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
714000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
137675000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
116682000 USD
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
111378000 USD
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
104863000 USD
us-gaap Payments To Acquire Commercial Real Estate
PaymentsToAcquireCommercialRealEstate
9177000 USD
us-gaap Payments To Acquire Commercial Real Estate
PaymentsToAcquireCommercialRealEstate
6231000 USD
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
-18094000 USD
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
-18167000 USD
us-gaap Payments For Lease Commissions
PaymentsForLeaseCommissions
-16813000 USD
us-gaap Payments For Lease Commissions
PaymentsForLeaseCommissions
-8075000 USD
egp Proceedsfromcasualtiesandinvoluntaryconversion
Proceedsfromcasualtiesandinvoluntaryconversion
0 USD
egp Proceedsfromcasualtiesandinvoluntaryconversion
Proceedsfromcasualtiesandinvoluntaryconversion
242000 USD
egp Repayments On Mortgage Loans Receivable
RepaymentsOnMortgageLoansReceivable
0 USD
egp Repayments On Mortgage Loans Receivable
RepaymentsOnMortgageLoansReceivable
14000 USD
egp Changes In Accrued Development Costs
ChangesInAccruedDevelopmentCosts
13126000 USD
egp Changes In Accrued Development Costs
ChangesInAccruedDevelopmentCosts
-181000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-526000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
9400000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-141810000 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
4465000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
2475000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-146661000 USD
us-gaap Proceeds From Bank Debt
ProceedsFromBankDebt
195137000 USD
us-gaap Proceeds From Bank Debt
ProceedsFromBankDebt
318115000 USD
us-gaap Repayments Of Bank Debt
RepaymentsOfBankDebt
320137000 USD
us-gaap Repayments Of Bank Debt
RepaymentsOfBankDebt
363787000 USD
us-gaap Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
175000000 USD
us-gaap Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
100000000 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
42924000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
584000 USD
us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
63403000 USD
us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
59157000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
105745000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
44381000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-4264000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-4644000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
42679000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
29859000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
38544000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-120000 USD
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
21000 USD
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
224000 USD
CY2021Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
38565000 USD
CY2020Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
104000 USD
us-gaap Interest Paid Net
InterestPaidNet
15760000 USD
us-gaap Interest Paid Net
InterestPaidNet
16161000 USD
egp Cashpaidforoperatingleaseliability
Cashpaidforoperatingleaseliability
751000 USD
egp Cashpaidforoperatingleaseliability
Cashpaidforoperatingleaseliability
719000 USD
egp Operatingleaseliabilitiesarisingfromobtainingrightofuseassets
Operatingleaseliabilitiesarisingfromobtainingrightofuseassets
348000 USD
egp Operatingleaseliabilitiesarisingfromobtainingrightofuseassets
Operatingleaseliabilitiesarisingfromobtainingrightofuseassets
495000 USD
us-gaap Basis Of Accounting
BasisOfAccounting
BASIS OF PRESENTATION The accompanying unaudited financial statements of EastGroup Properties, Inc. (“EastGroup” or “the Company”) have been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) for interim financial information and with the instructions to Form 10-Q and Rule 10-01 of Regulation S-X.  Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements.  In management’s opinion, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included.  The financial statements should be read in conjunction with the financial statements contained in the Company’s annual report on Form 10-K for the year ended December 31, 2020 and the notes thereto. Certain reclassifications have been made in the 2020 consolidated financial statements to conform to the 2021 presentation.
CY2021Q2 egp Number Of Joint Venture Arrangements
NumberOfJointVentureArrangements
2 Integer
CY2020Q4 egp Number Of Joint Venture Arrangements
NumberOfJointVentureArrangements
2 Integer
CY2021Q2 egp Percentageofassetsliabilitiesrevenuesandexpensesofthebuildingsheldinjointventureswiththenoncontrollinginterests
Percentageofassetsliabilitiesrevenuesandexpensesofthebuildingsheldinjointventureswiththenoncontrollinginterests
1
CY2021Q2 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
74358000 USD
CY2020Q2 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
66793000 USD
us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
147740000 USD
us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
132756000 USD
CY2021Q2 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
25204000 USD
CY2020Q2 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
22707000 USD
us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
49739000 USD
us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
45321000 USD
CY2021Q2 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
99562000 USD
CY2020Q2 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
89500000 USD
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
197479000 USD
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
178077000 USD
us-gaap Number Of Reporting Units
NumberOfReportingUnits
1 Integer
CY2021Q2 us-gaap Depreciation
Depreciation
25858000 USD
us-gaap Depreciation
Depreciation
51005000 USD
CY2020Q2 us-gaap Depreciation
Depreciation
23813000 USD
us-gaap Depreciation
Depreciation
46902000 USD
CY2021Q2 us-gaap Land
Land
526326000 USD
CY2020Q4 us-gaap Land
Land
502739000 USD
CY2021Q2 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
2247617000 USD
CY2020Q4 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
2120731000 USD
CY2021Q2 us-gaap Tenant Improvements
TenantImprovements
551637000 USD
CY2020Q4 us-gaap Tenant Improvements
TenantImprovements
524954000 USD
CY2021Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
10639000 USD
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
11073000 USD
CY2021Q2 egp Developmentandvalueaddproperties
Developmentandvalueaddproperties
320005000 USD
CY2020Q4 egp Developmentandvalueaddproperties
Developmentandvalueaddproperties
359588000 USD
CY2021Q2 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
3656224000 USD
CY2021Q2 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
1004428000 USD
CY2020Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
3519085000 USD
CY2020Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
955328000 USD
CY2021Q2 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
2651796000 USD
CY2020Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
2563757000 USD
egp Percentageofoccupancytoqualifyasvalueaddproperty
Percentageofoccupancytoqualifyasvalueaddproperty
0.75
CY2020 egp Percentageofoccupancytoqualifyasvalueaddproperty
Percentageofoccupancytoqualifyasvalueaddproperty
0.75
egp Percentageofacquisitionpricetobespentoncapitalitemstoqualifyasvalueaddproperty
Percentageofacquisitionpricetobespentoncapitalitemstoqualifyasvalueaddproperty
0.20
CY2020 egp Percentageofacquisitionpricetobespentoncapitalitemstoqualifyasvalueaddproperty
Percentageofacquisitionpricetobespentoncapitalitemstoqualifyasvalueaddproperty
0.20
CY2021Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1307000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2738000 USD
CY2020Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1372000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2706000 USD
CY2021Q2 egp Rental Income Increase Decrease For Amortization Of Acquired In Place Lease Intangibles
RentalIncomeIncreaseDecreaseForAmortizationOfAcquiredInPlaceLeaseIntangibles
-245000 USD
egp Rental Income Increase Decrease For Amortization Of Acquired In Place Lease Intangibles
RentalIncomeIncreaseDecreaseForAmortizationOfAcquiredInPlaceLeaseIntangibles
-474000 USD
CY2020Q2 egp Rental Income Increase Decrease For Amortization Of Acquired In Place Lease Intangibles
RentalIncomeIncreaseDecreaseForAmortizationOfAcquiredInPlaceLeaseIntangibles
-372000 USD
egp Rental Income Increase Decrease For Amortization Of Acquired In Place Lease Intangibles
RentalIncomeIncreaseDecreaseForAmortizationOfAcquiredInPlaceLeaseIntangibles
-746000 USD
egp Percentageofoccupancytoqualifyasvalueaddproperty
Percentageofoccupancytoqualifyasvalueaddproperty
0.75
CY2020 egp Percentageofoccupancytoqualifyasvalueaddproperty
Percentageofoccupancytoqualifyasvalueaddproperty
0.75
egp Percentageofacquisitionpricetobespentoncapitalitemstoqualifyasvalueaddproperty
Percentageofacquisitionpricetobespentoncapitalitemstoqualifyasvalueaddproperty
0.20
CY2020 egp Percentageofacquisitionpricetobespentoncapitalitemstoqualifyasvalueaddproperty
Percentageofacquisitionpricetobespentoncapitalitemstoqualifyasvalueaddproperty
0.20
egp Percentageofoccupancytoqualifyasvalueaddproperty
Percentageofoccupancytoqualifyasvalueaddproperty
0.75
CY2020 egp Percentageofoccupancytoqualifyasvalueaddproperty
Percentageofoccupancytoqualifyasvalueaddproperty
0.75
egp Percentageofacquisitionpricetobespentoncapitalitemstoqualifyasvalueaddproperty
Percentageofacquisitionpricetobespentoncapitalitemstoqualifyasvalueaddproperty
0.20
CY2020 egp Percentageofacquisitionpricetobespentoncapitalitemstoqualifyasvalueaddproperty
Percentageofacquisitionpricetobespentoncapitalitemstoqualifyasvalueaddproperty
0.20
CY2021Q2 us-gaap Deferred Costs Leasing Gross
DeferredCostsLeasingGross
106954000 USD
CY2020Q4 us-gaap Deferred Costs Leasing Gross
DeferredCostsLeasingGross
95914000 USD
CY2021Q2 us-gaap Deferred Costs Leasing Accumulated Amortization
DeferredCostsLeasingAccumulatedAmortization
39065000 USD
CY2020Q4 us-gaap Deferred Costs Leasing Accumulated Amortization
DeferredCostsLeasingAccumulatedAmortization
38371000 USD
CY2021Q2 us-gaap Deferred Costs Leasing Net
DeferredCostsLeasingNet
67889000 USD
CY2020Q4 us-gaap Deferred Costs Leasing Net
DeferredCostsLeasingNet
57543000 USD
CY2021Q2 us-gaap Finite Lived Intangible Asset Acquired In Place Leases
FiniteLivedIntangibleAssetAcquiredInPlaceLeases
25862000 USD
CY2020Q4 us-gaap Finite Lived Intangible Asset Acquired In Place Leases
FiniteLivedIntangibleAssetAcquiredInPlaceLeases
28107000 USD
CY2021Q2 egp Acquired In Place Lease Intangibles Accumulated Amortization
AcquiredInPlaceLeaseIntangiblesAccumulatedAmortization
-13167000 USD
CY2020Q4 egp Acquired In Place Lease Intangibles Accumulated Amortization
AcquiredInPlaceLeaseIntangiblesAccumulatedAmortization
-13554000 USD
CY2021Q2 egp Acquired In Place Lease Intangibles Net Of Accumulated Amortization
AcquiredInPlaceLeaseIntangiblesNetOfAccumulatedAmortization
12695000 USD
CY2020Q4 egp Acquired In Place Lease Intangibles Net Of Accumulated Amortization
AcquiredInPlaceLeaseIntangiblesNetOfAccumulatedAmortization
14553000 USD
CY2021Q2 egp Acquired Above Market Lease Intangibles
AcquiredAboveMarketLeaseIntangibles
1825000 USD
CY2020Q4 egp Acquired Above Market Lease Intangibles
AcquiredAboveMarketLeaseIntangibles
1825000 USD
CY2021Q2 egp Accumulated Amortization Acquired Above Market Lease Intangibles
AccumulatedAmortizationAcquiredAboveMarketLeaseIntangibles
1352000 USD
CY2020Q4 egp Accumulated Amortization Acquired Above Market Lease Intangibles
AccumulatedAmortizationAcquiredAboveMarketLeaseIntangibles
1231000 USD
CY2021Q2 egp Acquired Above Market Leases Net Of Accumulated Amortization
AcquiredAboveMarketLeasesNetOfAccumulatedAmortization
473000 USD
CY2020Q4 egp Acquired Above Market Leases Net Of Accumulated Amortization
AcquiredAboveMarketLeasesNetOfAccumulatedAmortization
594000 USD
CY2021Q2 egp Straightlinerentsreceivable
Straightlinerentsreceivable
47229000 USD
CY2020Q4 egp Straightlinerentsreceivable
Straightlinerentsreceivable
43079000 USD
CY2021Q2 egp Accountsreceivable
Accountsreceivable
8099000 USD
CY2020Q4 egp Accountsreceivable
Accountsreceivable
6256000 USD
CY2021Q2 us-gaap Interest Rate Cash Flow Hedge Asset At Fair Value
InterestRateCashFlowHedgeAssetAtFairValue
141000 USD
CY2020Q4 us-gaap Interest Rate Cash Flow Hedge Asset At Fair Value
InterestRateCashFlowHedgeAssetAtFairValue
0 USD
CY2021Q2 egp Rightofuseassets Office Leases
RightofuseassetsOfficeLeases
2233000 USD
CY2020Q4 egp Rightofuseassets Office Leases
RightofuseassetsOfficeLeases
2131000 USD
CY2021Q2 egp Receivable For Common Stock Offerings
ReceivableForCommonStockOfferings
0 USD
CY2020Q4 egp Receivable For Common Stock Offerings
ReceivableForCommonStockOfferings
1942000 USD
CY2021Q2 us-gaap Goodwill
Goodwill
990000 USD
CY2020Q4 us-gaap Goodwill
Goodwill
990000 USD
CY2021Q2 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
18159000 USD
CY2020Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
22491000 USD
CY2021Q2 us-gaap Other Assets
OtherAssets
157908000 USD
CY2020Q4 us-gaap Other Assets
OtherAssets
149579000 USD
CY2021Q2 egp Totaldebt
Totaldebt
1316129000 USD
CY2020Q4 egp Totaldebt
Totaldebt
1310895000 USD
egp Moodys Credit Rating
MoodysCreditRating
Baa2
CY2021Q2 us-gaap Accrual For Taxes Other Than Income Taxes Current And Noncurrent
AccrualForTaxesOtherThanIncomeTaxesCurrentAndNoncurrent
30671000 USD
CY2020Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current And Noncurrent
AccrualForTaxesOtherThanIncomeTaxesCurrentAndNoncurrent
3524000 USD
CY2021Q2 us-gaap Construction Payable Current And Noncurrent
ConstructionPayableCurrentAndNoncurrent
19553000 USD
CY2020Q4 us-gaap Construction Payable Current And Noncurrent
ConstructionPayableCurrentAndNoncurrent
6427000 USD
CY2021Q2 egp Propertycapitalexpenditurespayable
Propertycapitalexpenditurespayable
6398000 USD
CY2020Q4 egp Propertycapitalexpenditurespayable
Propertycapitalexpenditurespayable
5692000 USD
CY2021Q2 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
6601000 USD
CY2020Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
6537000 USD
CY2021Q2 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
32927000 USD
CY2020Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
32677000 USD
CY2021Q2 egp Bookoverdraft
Bookoverdraft
0 USD
CY2020Q4 egp Bookoverdraft
Bookoverdraft
5176000 USD
CY2021Q2 us-gaap Accounts Payable Other Current And Noncurrent
AccountsPayableOtherCurrentAndNoncurrent
5762000 USD
CY2020Q4 us-gaap Accounts Payable Other Current And Noncurrent
AccountsPayableOtherCurrentAndNoncurrent
9540000 USD
CY2021Q2 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
101912000 USD
CY2020Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
69573000 USD
CY2021Q2 us-gaap Security Deposit Liability
SecurityDepositLiability
25357000 USD
CY2020Q4 us-gaap Security Deposit Liability
SecurityDepositLiability
22140000 USD
CY2021Q2 us-gaap Advance Rent
AdvanceRent
13600000 USD
CY2020Q4 us-gaap Advance Rent
AdvanceRent
14694000 USD
CY2021Q2 egp Operatingleaseliabilitiesgroundleases
Operatingleaseliabilitiesgroundleases
10803000 USD
CY2020Q4 egp Operatingleaseliabilitiesgroundleases
Operatingleaseliabilitiesgroundleases
11199000 USD
CY2021Q2 egp Operatingleaseliabilitiesofficeleases
Operatingleaseliabilitiesofficeleases
2282000 USD
CY2020Q4 egp Operatingleaseliabilitiesofficeleases
Operatingleaseliabilitiesofficeleases
2167000 USD
CY2021Q2 egp Acquired Below Market Lease Intangibles Gross
AcquiredBelowMarketLeaseIntangiblesGross
8929000 USD
CY2020Q4 egp Acquired Below Market Lease Intangibles Gross
AcquiredBelowMarketLeaseIntangiblesGross
9019000 USD
CY2021Q2 egp Accumulated Amortization Acquired Below Market Lease Intangibles
AccumulatedAmortizationAcquiredBelowMarketLeaseIntangibles
-6673000 USD
CY2020Q4 egp Accumulated Amortization Acquired Below Market Lease Intangibles
AccumulatedAmortizationAcquiredBelowMarketLeaseIntangibles
-6168000 USD
CY2021Q2 egp Acquired Below Market Lease Intangibles Net
AcquiredBelowMarketLeaseIntangiblesNet
2256000 USD
CY2020Q4 egp Acquired Below Market Lease Intangibles Net
AcquiredBelowMarketLeaseIntangiblesNet
2851000 USD
CY2021Q2 us-gaap Interest Rate Cash Flow Hedge Liability At Fair Value
InterestRateCashFlowHedgeLiabilityAtFairValue
3942000 USD
CY2020Q4 us-gaap Interest Rate Cash Flow Hedge Liability At Fair Value
InterestRateCashFlowHedgeLiabilityAtFairValue
10752000 USD
CY2021Q2 egp Prepaidtenantimprovementreimbursements
Prepaidtenantimprovementreimbursements
360000 USD
CY2020Q4 egp Prepaidtenantimprovementreimbursements
Prepaidtenantimprovementreimbursements
364000 USD
CY2021Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
5650000 USD
CY2020Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
5650000 USD
CY2021Q2 us-gaap Other Liabilities
OtherLiabilities
64250000 USD
CY2020Q4 us-gaap Other Liabilities
OtherLiabilities
69817000 USD
CY2021Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-2538000 USD
CY2020Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-12983000 USD
CY2020Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-10752000 USD
CY2019Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
2807000 USD
CY2021Q2 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-1263000 USD
CY2020Q2 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-1824000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
6951000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-17614000 USD
CY2021Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-3801000 USD
CY2020Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-14807000 USD
CY2021Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-3801000 USD
CY2020Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-14807000 USD
CY2021Q2 egp Numberofinterestrateswaps
Numberofinterestrateswaps
6 Integer
CY2021Q2 egp Swap Termination Value
SwapTerminationValue
3942000 USD
CY2021Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
27558000 USD
CY2020Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
23484000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
54897000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
46781000 USD
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
40068000 shares
CY2020Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
39007000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
39871000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
38945000 shares
CY2021Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
27558000 USD
CY2020Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
23484000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
54897000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
46781000 USD
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
40068000 shares
CY2020Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
39007000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
39871000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
38945000 shares
CY2021Q2 egp Incremental Common Shares Attributable To Nonvested Restricted Stock
IncrementalCommonSharesAttributableToNonvestedRestrictedStock
97000 shares
CY2020Q2 egp Incremental Common Shares Attributable To Nonvested Restricted Stock
IncrementalCommonSharesAttributableToNonvestedRestrictedStock
70000 shares
egp Incremental Common Shares Attributable To Nonvested Restricted Stock
IncrementalCommonSharesAttributableToNonvestedRestrictedStock
94000 shares
egp Incremental Common Shares Attributable To Nonvested Restricted Stock
IncrementalCommonSharesAttributableToNonvestedRestrictedStock
74000 shares
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
40165000 shares
CY2020Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
39077000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
39965000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
39019000 shares
egp Share Based Compensation Arrangement By Share Based Payment Award Percent Vesting At The End Of Performance Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardPercentVestingAtTheEndOfPerformancePeriod
0.75
egp Share Based Compensation Arrangement By Share Based Payment Award Percent Of Vesting That Will Occur The Following Year
ShareBasedCompensationArrangementByShareBasedPaymentAwardPercentOfVestingThatWillOccurTheFollowingYear
0.25
egp Fair Value Of Shares Granted As Of The Grant Dates
FairValueOfSharesGrantedAsOfTheGrantDates
6133000 USD
CY2021Q2 egp Deferred Rent Receivables Gross
DeferredRentReceivablesGross
1700000 USD
CY2021Q2 egp Deferredrentreceivablequalifytoberecognizedasrentalincomeinchargeperiodsundertheoriginalleaseterms
Deferredrentreceivablequalifytoberecognizedasrentalincomeinchargeperiodsundertheoriginalleaseterms
1400000 USD
CY2021Q2 egp Deferredrentreceivableapplicabletopastperiods
Deferredrentreceivableapplicabletopastperiods
1700000 USD

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