$EGP
EASTGROUP PROPERTIES INC

2021 Q4 Form 10-Q Financial Statement

#000004960021000118 Filed on October 27, 2021

View on sec.gov

Income Statement

Concept 2021 Q4 2021 Q3 2020 Q3
Revenue $107.4M $104.6M $92.01M
YoY Change 15.86% 13.68% 9.62%
Cost Of Revenue $29.56M $29.64M $26.33M
YoY Change 14.3% 12.59% 10.82%
Gross Profit $77.82M $74.95M $65.69M
YoY Change 16.47% 14.1% 9.16%
Gross Profit Margin 72.47% 71.66% 71.39%
Selling, General & Admin $3.623M $3.559M $3.710M
YoY Change 7.19% -4.07% 17.78%
% of Gross Profit 4.66% 4.75% 5.65%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $33.17M $32.26M $29.21M
YoY Change 8.06% 10.45% 12.39%
% of Gross Profit 42.63% 43.04% 44.47%
Operating Expenses $36.90M $35.96M $33.17M
YoY Change 7.86% 8.4% 13.4%
Operating Profit $40.92M $39.00M $32.52M
YoY Change 25.51% 19.92% 5.14%
Interest Expense -$8.072M $8.416M $8.347M
YoY Change -8.06% 0.83% -2.05%
% of Operating Profit -19.73% 21.58% 25.67%
Other Income/Expense, Net $209.0K $210.0K $240.0K
YoY Change -9.13% -12.5% 41.18%
Pretax Income $71.91M $30.79M $24.41M
YoY Change 93.31% 26.15% 8.1%
Income Tax
% Of Pretax Income
Net Earnings $71.89M $30.79M $24.41M
YoY Change 93.28% 26.14% 8.13%
Net Earnings / Revenue 66.95% 29.44% 26.53%
Basic Earnings Per Share $0.76 $0.62
Diluted Earnings Per Share $1.753M $0.76 $0.62
COMMON SHARES
Basic Shares Outstanding 40.68M shares 40.43M shares 39.34M shares
Diluted Shares Outstanding 40.57M shares 39.45M shares

Balance Sheet

Concept 2021 Q4 2021 Q3 2020 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $4.393M $247.0K $0.00
YoY Change -100.0%
Cash & Equivalents $4.393M $247.0K $19.00K
Short-Term Investments
Other Short-Term Assets $16.75M $11.15M $19.80M
YoY Change -25.57% -43.71% 45.59%
Inventory
Prepaid Expenses
Receivables $59.10M $55.45M $48.90M
Other Receivables $7.680M $0.00 $0.00
Total Short-Term Assets $87.92M $66.85M $68.70M
YoY Change 19.14% -2.7% 13.18%
LONG-TERM ASSETS
Property, Plant & Equipment $3.018B $2.808B $2.485B
YoY Change 17.61% 13.02% 10.84%
Goodwill $990.0K $990.0K $990.0K
YoY Change 0.0% 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments $7.320M $7.111M $7.530M
YoY Change -1.69% -5.56% -0.87%
Other Assets $5.695M
YoY Change
Total Long-Term Assets $3.127B $2.918B $2.567B
YoY Change 18.15% 13.68% 9.71%
TOTAL ASSETS
Total Short-Term Assets $87.92M $66.85M $68.70M
Total Long-Term Assets $3.127B $2.918B $2.567B
Total Assets $3.215B $2.985B $2.636B
YoY Change 18.18% 13.25% 9.8%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $35.97M $81.22M $62.80M
YoY Change 53.72% 29.33% 6.8%
Deferred Revenue
YoY Change
Short-Term Debt $4.845M $13.23M $6.000M
YoY Change -6.83% 120.5% -56.83%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $163.0M $202.7M $145.9M
YoY Change 55.12% 38.91% -6.89%
LONG-TERM LIABILITIES
Long-Term Debt $1.452B $1.337B $1.211B
YoY Change 10.75% 10.36% 8.86%
Other Long-Term Liabilities $29.07M $25.99M $34.20M
YoY Change -15.26% -24.0% 52.0%
Total Long-Term Liabilities $1.481B $1.363B $1.245B
YoY Change 10.08% 9.42% 9.72%
TOTAL LIABILITIES
Total Short-Term Liabilities $163.0M $202.7M $145.9M
Total Long-Term Liabilities $1.481B $1.363B $1.245B
Total Liabilities $1.644B $1.565B $1.391B
YoY Change 13.35% 12.52% 7.69%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $1.887B $1.766B $1.592B
YoY Change 17.19% 10.93% 10.33%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.570B $1.419B $1.243B
YoY Change
Total Liabilities & Shareholders Equity $3.215B $2.985B $2.636B
YoY Change 18.18% 13.25% 9.8%

Cashflow Statement

Concept 2021 Q4 2021 Q3 2020 Q3
OPERATING ACTIVITIES
Net Income $71.89M $30.79M $24.41M
YoY Change 93.28% 26.14% 8.13%
Depreciation, Depletion And Amortization $33.17M $32.26M $29.21M
YoY Change 8.06% 10.45% 12.39%
Cash From Operating Activities $15.33M $99.76M $62.90M
YoY Change -8.23% 58.59% -13.0%
INVESTING ACTIVITIES
Capital Expenditures -$243.0M -$178.3M -$32.50M
YoY Change 109.45% 448.7% -72.78%
Acquisitions
YoY Change
Other Investing Activities $34.21M $3.356M -$10.50M
YoY Change 96.61% -131.96% 176.32%
Cash From Investing Activities -$208.7M -$175.0M -$43.00M
YoY Change 111.71% 306.91% -65.1%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $1.729M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 197.6M 36.90M -20.00M
YoY Change 141.23% -284.48% -139.53%
NET CHANGE
Cash From Operating Activities 15.33M 99.76M 62.90M
Cash From Investing Activities -208.7M -175.0M -43.00M
Cash From Financing Activities 197.6M 36.90M -20.00M
Net Change In Cash 4.146M -38.32M -100.0K
YoY Change -11715088427115700.0% 38218.0% -66.67%
FREE CASH FLOW
Cash From Operating Activities $15.33M $99.76M $62.90M
Capital Expenditures -$243.0M -$178.3M -$32.50M
Free Cash Flow $258.3M $278.1M $95.40M
YoY Change 94.64% 191.49% -50.23%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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EastGroup Properties Inc
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CY2021Q3 us-gaap Profit Loss
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30792000 USD
CY2021Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
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1325000 USD
CY2021Q3 us-gaap Common Stock Dividends Per Share Declared
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0.90
CY2021Q3 us-gaap Dividends Common Stock Cash
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36726000 USD
CY2021Q3 us-gaap Allocated Share Based Compensation Expense
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CY2021Q3 us-gaap Stock Issued During Period Shares New Issues
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CY2021Q3 us-gaap Stock Issued During Period Value New Issues
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CY2021Q3 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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69000 USD
CY2021Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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1419740000 USD
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2020Q1 us-gaap Profit Loss
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23298000 USD
CY2020Q1 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
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CY2020Q1 us-gaap Common Stock Dividends Per Share Declared
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0.75
CY2020Q1 us-gaap Dividends Common Stock Cash
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29366000 USD
CY2020Q1 us-gaap Allocated Share Based Compensation Expense
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CY2020Q1 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
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CY2020Q1 us-gaap Stock Issued During Period Value New Issues
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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
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CY2020Q2 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
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CY2020Q2 us-gaap Common Stock Dividends Per Share Declared
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0.75
CY2020Q2 us-gaap Dividends Common Stock Cash
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29551000 USD
CY2020Q2 us-gaap Allocated Share Based Compensation Expense
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CY2020Q2 us-gaap Stock Issued During Period Shares New Issues
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CY2020Q2 us-gaap Stock Issued During Period Value New Issues
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CY2020Q2 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
19000 USD
CY2020Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2020Q3 us-gaap Profit Loss
ProfitLoss
24411000 USD
CY2020Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
1362000 USD
CY2020Q3 us-gaap Common Stock Dividends Per Share Declared
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CY2020Q3 us-gaap Dividends Common Stock Cash
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CY2020Q3 us-gaap Allocated Share Based Compensation Expense
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CY2020Q3 us-gaap Stock Issued During Period Shares New Issues
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CY2020Q3 us-gaap Stock Issued During Period Value New Issues
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31362000 USD
CY2020Q3 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
28000 USD
CY2020Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1244618000 USD
us-gaap Profit Loss
ProfitLoss
85727000 USD
us-gaap Profit Loss
ProfitLoss
71196000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
93925000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
85673000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
5840000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
5033000 USD
egp Gainoncasualtiesandinvoluntaryconversion
Gainoncasualtiesandinvoluntaryconversion
0 USD
egp Gainoncasualtiesandinvoluntaryconversion
Gainoncasualtiesandinvoluntaryconversion
-161000 USD
us-gaap Increase Decrease In Operating Assets
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2688000 USD
us-gaap Increase Decrease In Operating Assets
IncreaseDecreaseInOperatingAssets
-944000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
57099000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
15642000 USD
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
1263000 USD
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
1280000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
241166000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
179607000 USD
us-gaap Payments For Lease Commissions
PaymentsForLeaseCommissions
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egp Proceedsfromcasualtiesandinvoluntaryconversion
Proceedsfromcasualtiesandinvoluntaryconversion
0 USD
us-gaap Payments To Develop Real Estate Assets
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189955000 USD
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
129997000 USD
us-gaap Payments To Acquire Commercial Real Estate
PaymentsToAcquireCommercialRealEstate
104006000 USD
us-gaap Payments To Acquire Commercial Real Estate
PaymentsToAcquireCommercialRealEstate
6231000 USD
us-gaap Payments For Capital Improvements
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us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
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us-gaap Payments For Lease Commissions
PaymentsForLeaseCommissions
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egp Proceedsfromcasualtiesandinvoluntaryconversion
Proceedsfromcasualtiesandinvoluntaryconversion
242000 USD
egp Repayments On Mortgage Loans Receivable
RepaymentsOnMortgageLoansReceivable
0 USD
egp Repayments On Mortgage Loans Receivable
RepaymentsOnMortgageLoansReceivable
21000 USD
egp Changes In Accrued Development Costs
ChangesInAccruedDevelopmentCosts
22130000 USD
egp Changes In Accrued Development Costs
ChangesInAccruedDevelopmentCosts
-1901000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
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us-gaap Payments For Proceeds From Other Investing Activities
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13539000 USD
us-gaap Net Cash Provided By Used In Investing Activities
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-320515000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-189682000 USD
us-gaap Proceeds From Bank Debt
ProceedsFromBankDebt
316893000 USD
us-gaap Proceeds From Bank Debt
ProceedsFromBankDebt
423270000 USD
us-gaap Repayments Of Bank Debt
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380877000 USD
us-gaap Repayments Of Bank Debt
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458506000 USD
us-gaap Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
175000000 USD
us-gaap Proceeds From Issuance Of Unsecured Debt
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100000000 USD
us-gaap Repayments Of Unsecured Debt
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-40000000 USD
us-gaap Repayments Of Unsecured Debt
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-30000000 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
43591000 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
6733000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
2647000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
596000 USD
us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
95240000 USD
us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
88558000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
154371000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
75743000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
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us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-4750000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
79575000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
9870000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
226000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-205000 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
CY2021Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
247000 USD
CY2020Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
19000 USD
us-gaap Interest Paid Capitalized
InterestPaidCapitalized
6686000 USD
us-gaap Interest Paid Capitalized
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7562000 USD
us-gaap Interest Paid Net
InterestPaidNet
21599000 USD
us-gaap Interest Paid Net
InterestPaidNet
24220000 USD
egp Cashpaidforoperatingleaseliability
Cashpaidforoperatingleaseliability
1133000 USD
egp Cashpaidforoperatingleaseliability
Cashpaidforoperatingleaseliability
1099000 USD
us-gaap Number Of Reporting Units
NumberOfReportingUnits
1 Integer
egp Operatingleaseliabilitiesarisingfromobtainingrightofuseassets
Operatingleaseliabilitiesarisingfromobtainingrightofuseassets
13056000 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.
CY2021Q3 egp Number Of Joint Venture Arrangements
NumberOfJointVentureArrangements
2 Integer
CY2020Q4 egp Number Of Joint Venture Arrangements
NumberOfJointVentureArrangements
2 Integer
CY2021Q3 egp Percentageofassetsliabilitiesrevenuesandexpensesofthebuildingsheldinjointventureswiththenoncontrollinginterests
Percentageofassetsliabilitiesrevenuesandexpensesofthebuildingsheldinjointventureswiththenoncontrollinginterests
1
CY2020Q4 egp Percentageofassetsliabilitiesrevenuesandexpensesofthebuildingsheldinjointventureswiththenoncontrollinginterests
Percentageofassetsliabilitiesrevenuesandexpensesofthebuildingsheldinjointventureswiththenoncontrollinginterests
1
CY2021Q3 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
78040000 USD
CY2020Q3 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
68528000 USD
us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
225780000 USD
us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
201284000 USD
CY2021Q3 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
26544000 USD
CY2020Q3 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
23472000 USD
us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
76283000 USD
us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
68793000 USD
CY2021Q3 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
104584000 USD
CY2020Q3 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
92000000 USD
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
302063000 USD
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
270077000 USD
CY2021Q3 us-gaap Depreciation
Depreciation
26599000 USD
us-gaap Depreciation
Depreciation
77604000 USD
CY2020Q3 us-gaap Depreciation
Depreciation
24087000 USD
us-gaap Depreciation
Depreciation
70989000 USD
CY2021Q3 us-gaap Land
Land
533792000 USD
CY2020Q4 us-gaap Land
Land
502739000 USD
CY2021Q3 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
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CY2020Q4 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
2120731000 USD
CY2021Q3 us-gaap Tenant Improvements
TenantImprovements
562785000 USD
CY2020Q4 us-gaap Tenant Improvements
TenantImprovements
524954000 USD
egp Percentageofoccupancytoqualifyasvalueaddproperty
Percentageofoccupancytoqualifyasvalueaddproperty
0.75
CY2021Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
23051000 USD
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
11073000 USD
CY2021Q3 egp Developmentandvalueaddproperties
Developmentandvalueaddproperties
352344000 USD
CY2020Q4 egp Developmentandvalueaddproperties
Developmentandvalueaddproperties
359588000 USD
CY2021Q3 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
3837087000 USD
CY2020Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
3519085000 USD
CY2021Q3 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
1031027000 USD
CY2020Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
955328000 USD
CY2021Q3 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
2806060000 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
CY2020Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1342000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
4048000 USD
CY2021Q3 egp Rental Income Increase Decrease For Amortization Of Acquired In Place Lease Intangibles
RentalIncomeIncreaseDecreaseForAmortizationOfAcquiredInPlaceLeaseIntangibles
-230000 USD
egp Rental Income Increase Decrease For Amortization Of Acquired In Place Lease Intangibles
RentalIncomeIncreaseDecreaseForAmortizationOfAcquiredInPlaceLeaseIntangibles
-704000 USD
CY2020 egp Percentageofoccupancytoqualifyasvalueaddproperty
Percentageofoccupancytoqualifyasvalueaddproperty
0.75
egp Percentageofacquisitionpricetobespentoncapitalitemstoqualifyasvalueaddproperty
Percentageofacquisitionpricetobespentoncapitalitemstoqualifyasvalueaddproperty
0.20
CY2021Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1647000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
4385000 USD
CY2020Q3 egp Rental Income Increase Decrease For Amortization Of Acquired In Place Lease Intangibles
RentalIncomeIncreaseDecreaseForAmortizationOfAcquiredInPlaceLeaseIntangibles
-332000 USD
egp Rental Income Increase Decrease For Amortization Of Acquired In Place Lease Intangibles
RentalIncomeIncreaseDecreaseForAmortizationOfAcquiredInPlaceLeaseIntangibles
-1078000 USD
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
CY2021Q3 us-gaap Deferred Costs Leasing Gross
DeferredCostsLeasingGross
110986000 USD
CY2020Q4 us-gaap Deferred Costs Leasing Gross
DeferredCostsLeasingGross
95914000 USD
CY2021Q3 us-gaap Deferred Costs Leasing Accumulated Amortization
DeferredCostsLeasingAccumulatedAmortization
40713000 USD
CY2020Q4 us-gaap Deferred Costs Leasing Accumulated Amortization
DeferredCostsLeasingAccumulatedAmortization
38371000 USD
CY2021Q3 us-gaap Deferred Costs Leasing Net
DeferredCostsLeasingNet
70273000 USD
CY2020Q4 us-gaap Deferred Costs Leasing Net
DeferredCostsLeasingNet
57543000 USD
CY2021Q3 us-gaap Finite Lived Intangible Asset Acquired In Place Leases
FiniteLivedIntangibleAssetAcquiredInPlaceLeases
29606000 USD
CY2020Q4 us-gaap Finite Lived Intangible Asset Acquired In Place Leases
FiniteLivedIntangibleAssetAcquiredInPlaceLeases
28107000 USD
CY2021Q3 egp Acquired In Place Lease Intangibles Accumulated Amortization
AcquiredInPlaceLeaseIntangiblesAccumulatedAmortization
-13674000 USD
CY2020Q4 egp Acquired In Place Lease Intangibles Accumulated Amortization
AcquiredInPlaceLeaseIntangiblesAccumulatedAmortization
-13554000 USD
CY2021Q3 egp Acquired In Place Lease Intangibles Net Of Accumulated Amortization
AcquiredInPlaceLeaseIntangiblesNetOfAccumulatedAmortization
15932000 USD
CY2020Q4 egp Acquired In Place Lease Intangibles Net Of Accumulated Amortization
AcquiredInPlaceLeaseIntangiblesNetOfAccumulatedAmortization
14553000 USD
CY2021Q3 egp Acquired Above Market Lease Intangibles
AcquiredAboveMarketLeaseIntangibles
1815000 USD
CY2020Q4 egp Acquired Above Market Lease Intangibles
AcquiredAboveMarketLeaseIntangibles
1825000 USD
CY2021Q3 egp Accumulated Amortization Acquired Above Market Lease Intangibles
AccumulatedAmortizationAcquiredAboveMarketLeaseIntangibles
1399000 USD
CY2020Q4 egp Accumulated Amortization Acquired Above Market Lease Intangibles
AccumulatedAmortizationAcquiredAboveMarketLeaseIntangibles
1231000 USD
CY2021Q3 egp Acquired Above Market Leases Net Of Accumulated Amortization
AcquiredAboveMarketLeasesNetOfAccumulatedAmortization
416000 USD
CY2020Q4 egp Acquired Above Market Leases Net Of Accumulated Amortization
AcquiredAboveMarketLeasesNetOfAccumulatedAmortization
594000 USD
CY2021Q3 egp Straightlinerentsreceivable
Straightlinerentsreceivable
49919000 USD
CY2020Q4 egp Straightlinerentsreceivable
Straightlinerentsreceivable
43079000 USD
CY2021Q3 egp Accountsreceivable
Accountsreceivable
5535000 USD
CY2020Q4 egp Accountsreceivable
Accountsreceivable
6064000 USD
CY2021Q3 us-gaap Interest Rate Cash Flow Hedge Asset At Fair Value
InterestRateCashFlowHedgeAssetAtFairValue
511000 USD
CY2020Q4 us-gaap Interest Rate Cash Flow Hedge Asset At Fair Value
InterestRateCashFlowHedgeAssetAtFairValue
0 USD
CY2021Q3 egp Rightofuseassets Office Leases
RightofuseassetsOfficeLeases
2108000 USD
CY2020Q4 egp Rightofuseassets Office Leases
RightofuseassetsOfficeLeases
2131000 USD
CY2021Q3 egp Receivable For Common Stock Offerings
ReceivableForCommonStockOfferings
0 USD
CY2020Q4 egp Receivable For Common Stock Offerings
ReceivableForCommonStockOfferings
1942000 USD
CY2021Q3 us-gaap Goodwill
Goodwill
990000 USD
CY2020Q4 us-gaap Goodwill
Goodwill
990000 USD
CY2021Q3 egp Receivable For Tenant Improvement Cost Reimbursements
ReceivableForTenantImprovementCostReimbursements
14762000 USD
CY2020Q4 egp Receivable For Tenant Improvement Cost Reimbursements
ReceivableForTenantImprovementCostReimbursements
192000 USD
CY2021Q3 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
11146000 USD
CY2020Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
22491000 USD
CY2021Q3 us-gaap Other Assets
OtherAssets
171592000 USD
CY2020Q4 us-gaap Other Assets
OtherAssets
149579000 USD
CY2021Q3 egp Totaldebt
Totaldebt
1336615000 USD
CY2020Q4 egp Totaldebt
Totaldebt
1310895000 USD
egp Moodys Credit Rating
MoodysCreditRating
Baa2
CY2021Q3 us-gaap Accrual For Taxes Other Than Income Taxes Current And Noncurrent
AccrualForTaxesOtherThanIncomeTaxesCurrentAndNoncurrent
46949000 USD
CY2020Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current And Noncurrent
AccrualForTaxesOtherThanIncomeTaxesCurrentAndNoncurrent
3524000 USD
CY2021Q3 us-gaap Construction Payable Current And Noncurrent
ConstructionPayableCurrentAndNoncurrent
28557000 USD
CY2020Q4 us-gaap Construction Payable Current And Noncurrent
ConstructionPayableCurrentAndNoncurrent
6427000 USD
CY2021Q3 egp Propertycapitalexpenditurespayable
Propertycapitalexpenditurespayable
7018000 USD
CY2020Q4 egp Propertycapitalexpenditurespayable
Propertycapitalexpenditurespayable
5692000 USD
CY2021Q3 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
8863000 USD
CY2020Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
6537000 USD
CY2021Q3 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
37816000 USD
CY2020Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
32677000 USD
CY2021Q3 egp Bookoverdraft
Bookoverdraft
13230000 USD
CY2020Q4 egp Bookoverdraft
Bookoverdraft
5176000 USD
CY2021Q3 us-gaap Accounts Payable Other Current And Noncurrent
AccountsPayableOtherCurrentAndNoncurrent
7546000 USD
CY2020Q4 us-gaap Accounts Payable Other Current And Noncurrent
AccountsPayableOtherCurrentAndNoncurrent
9540000 USD
CY2021Q3 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
149979000 USD
CY2020Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
69573000 USD
CY2021Q3 us-gaap Security Deposit Liability
SecurityDepositLiability
27277000 USD
CY2020Q4 us-gaap Security Deposit Liability
SecurityDepositLiability
22140000 USD
CY2021Q3 us-gaap Advance Rent
AdvanceRent
15529000 USD
CY2020Q4 us-gaap Advance Rent
AdvanceRent
14694000 USD
CY2021Q3 egp Operatingleaseliabilitiesgroundleases
Operatingleaseliabilitiesgroundleases
23250000 USD
CY2020Q4 egp Operatingleaseliabilitiesgroundleases
Operatingleaseliabilitiesgroundleases
11199000 USD
CY2021Q3 egp Operatingleaseliabilitiesofficeleases
Operatingleaseliabilitiesofficeleases
2157000 USD
CY2020Q4 egp Operatingleaseliabilitiesofficeleases
Operatingleaseliabilitiesofficeleases
2167000 USD
CY2021Q3 egp Acquired Below Market Lease Intangibles Gross
AcquiredBelowMarketLeaseIntangiblesGross
10368000 USD
CY2020Q4 egp Acquired Below Market Lease Intangibles Gross
AcquiredBelowMarketLeaseIntangiblesGross
9019000 USD
CY2021Q3 egp Accumulated Amortization Acquired Below Market Lease Intangibles
AccumulatedAmortizationAcquiredBelowMarketLeaseIntangibles
-6964000 USD
CY2020Q4 egp Accumulated Amortization Acquired Below Market Lease Intangibles
AccumulatedAmortizationAcquiredBelowMarketLeaseIntangibles
-6168000 USD
CY2021Q3 egp Acquired Below Market Lease Intangibles Net
AcquiredBelowMarketLeaseIntangiblesNet
3404000 USD
CY2020Q4 egp Acquired Below Market Lease Intangibles Net
AcquiredBelowMarketLeaseIntangiblesNet
2851000 USD
CY2021Q3 us-gaap Interest Rate Cash Flow Hedge Liability At Fair Value
InterestRateCashFlowHedgeLiabilityAtFairValue
2987000 USD
CY2020Q4 us-gaap Interest Rate Cash Flow Hedge Liability At Fair Value
InterestRateCashFlowHedgeLiabilityAtFairValue
10752000 USD
CY2021Q3 egp Prepaidtenantimprovementreimbursements
Prepaidtenantimprovementreimbursements
556000 USD
CY2020Q4 egp Prepaidtenantimprovementreimbursements
Prepaidtenantimprovementreimbursements
364000 USD
CY2021Q3 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
3516000 USD
CY2020Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
5650000 USD
CY2021Q3 us-gaap Other Liabilities
OtherLiabilities
78676000 USD
CY2020Q4 us-gaap Other Liabilities
OtherLiabilities
69817000 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
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
CY2021Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
1325000 USD
CY2020Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
1362000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
8276000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-16252000 USD
CY2021Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-2476000 USD
CY2020Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-13445000 USD
CY2021Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-2476000 USD
CY2020Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-13445000 USD
CY2021Q3 egp Numberofinterestrateswaps
Numberofinterestrateswaps
5 Integer
CY2021Q3 egp Swap Termination Value
SwapTerminationValue
2517000 USD
CY2021Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
30771000 USD
CY2020Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
24401000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
85668000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
71182000 USD
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
40434000 shares
CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
39338000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
40058000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
39077000 shares
CY2021Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
30771000 USD
CY2020Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
24401000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
85668000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
71182000 USD
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
40434000 shares
CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
39338000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
40058000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
39077000 shares
CY2021Q3 egp Incremental Common Shares Attributable To Nonvested Restricted Stock
IncrementalCommonSharesAttributableToNonvestedRestrictedStock
133000 shares
CY2020Q3 egp Incremental Common Shares Attributable To Nonvested Restricted Stock
IncrementalCommonSharesAttributableToNonvestedRestrictedStock
112000 shares
egp Incremental Common Shares Attributable To Nonvested Restricted Stock
IncrementalCommonSharesAttributableToNonvestedRestrictedStock
107000 shares
egp Incremental Common Shares Attributable To Nonvested Restricted Stock
IncrementalCommonSharesAttributableToNonvestedRestrictedStock
91000 shares
CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
40567000 shares
CY2020Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
39450000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
40165000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
39168000 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
7682000 USD

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