2023 Q2 Form 10-Q Financial Statement

#000004960023000062 Filed on April 26, 2023

View on sec.gov

Income Statement

Concept 2023 Q2 2023 Q1
Revenue $139.9M $135.0M
YoY Change 18.0% 19.52%
Cost Of Revenue $37.77M $36.19M
YoY Change 16.04% 16.49%
Gross Profit $102.1M $98.84M
YoY Change 18.73% 20.67%
Gross Profit Margin 73.0% 73.2%
Selling, General & Admin $4.384M $5.204M
YoY Change 3.74% 20.74%
% of Gross Profit 4.29% 5.27%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $42.29M $41.01M
YoY Change 12.9% 12.86%
% of Gross Profit 41.42% 41.5%
Operating Expenses $46.83M $46.36M
YoY Change 12.02% 13.55%
Operating Profit $55.29M $52.48M
YoY Change 25.08% 27.74%
Interest Expense -$12.58M $13.03M
YoY Change -240.19% 60.6%
% of Operating Profit -22.74% 24.82%
Other Income/Expense, Net $383.0K $358.0K
YoY Change 34.86% 28.78%
Pretax Income $43.47M $44.70M
YoY Change -5.85% -29.72%
Income Tax
% Of Pretax Income
Net Earnings $43.45M $44.70M
YoY Change -5.88% -29.72%
Net Earnings / Revenue 31.06% 33.11%
Basic Earnings Per Share $0.97 $1.02
Diluted Earnings Per Share $0.97 $1.02
COMMON SHARES
Basic Shares Outstanding 44.41M shares 43.55M shares
Diluted Shares Outstanding 44.73M shares 43.82M shares

Balance Sheet

Concept 2023 Q2 2023 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.082M $9.390M
YoY Change -80.52% 64.22%
Cash & Equivalents $1.082M $9.390M
Short-Term Investments
Other Short-Term Assets $21.23M $13.31M
YoY Change 44.64% 6.17%
Inventory
Prepaid Expenses
Receivables $70.57M $68.81M
Other Receivables $4.789M $6.098M
Total Short-Term Assets $97.67M $97.60M
YoY Change 21.1% 27.53%
LONG-TERM ASSETS
Property, Plant & Equipment $3.943B $3.826B
YoY Change 8.82% 22.33%
Goodwill $990.0K $990.0K
YoY Change 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments $8.982M $7.507M
YoY Change 21.77% -1.2%
Other Assets
YoY Change
Total Long-Term Assets $4.106B $3.983B
YoY Change 8.89% 21.87%
TOTAL ASSETS
Total Short-Term Assets $97.67M $97.60M
Total Long-Term Assets $4.106B $3.983B
Total Assets $4.204B $4.080B
YoY Change 9.15% 22.0%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $71.94M $57.75M
YoY Change 9.14% 14.68%
Deferred Revenue
YoY Change
Short-Term Debt $660.0K $5.465M
YoY Change -78.25% 21.47%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $236.3M $215.0M
YoY Change 11.39% 19.77%
LONG-TERM LIABILITIES
Long-Term Debt $1.726B $1.798B
YoY Change 6.31% 22.74%
Other Long-Term Liabilities $28.12M $31.52M
YoY Change -6.2% 19.65%
Total Long-Term Liabilities $1.754B $1.829B
YoY Change 6.08% 22.69%
TOTAL LIABILITIES
Total Short-Term Liabilities $236.3M $215.0M
Total Long-Term Liabilities $1.754B $1.829B
Total Liabilities $1.991B $2.044B
YoY Change 6.71% 22.37%
SHAREHOLDERS EQUITY
Retained Earnings $358.9M
YoY Change
Common Stock $2.536B $2.355B
YoY Change 12.06% 20.4%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.213B $2.036B
YoY Change
Total Liabilities & Shareholders Equity $4.204B $4.080B
YoY Change 9.15% 22.0%

Cashflow Statement

Concept 2023 Q2 2023 Q1
OPERATING ACTIVITIES
Net Income $43.45M $44.70M
YoY Change -5.88% -29.72%
Depreciation, Depletion And Amortization $42.29M $41.01M
YoY Change 12.9% 12.86%
Cash From Operating Activities $85.32M $93.46M
YoY Change -9.13% 13.61%
INVESTING ACTIVITIES
Capital Expenditures $156.1M $79.89M
YoY Change -191.71% -158.33%
Acquisitions
YoY Change
Other Investing Activities $12.17M $49.00K
YoY Change -47.72% -99.53%
Cash From Investing Activities -$144.0M -$64.82M
YoY Change -2.05% -43.21%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 50.35M -$19.30M
YoY Change -4.89% -158.13%
NET CHANGE
Cash From Operating Activities 85.32M $93.46M
Cash From Investing Activities -144.0M -$64.82M
Cash From Financing Activities 50.35M -$19.30M
Net Change In Cash -8.308M $9.334M
YoY Change 4996.93% 604.45%
FREE CASH FLOW
Cash From Operating Activities $85.32M $93.46M
Capital Expenditures $156.1M $79.89M
Free Cash Flow -$70.83M $13.57M
YoY Change -126.81% -93.81%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2023Q1 dei Entity Central Index Key
EntityCentralIndexKey
0000049600
CY2023Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2023Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
CY2023Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2023Q1 dei Amendment Flag
AmendmentFlag
false
CY2023Q1 dei Document Type
DocumentType
10-Q
CY2023Q1 dei Document Quarterly Report
DocumentQuarterlyReport
true
CY2023Q1 dei Document Period End Date
DocumentPeriodEndDate
2023-03-31
CY2023Q1 dei Document Transition Report
DocumentTransitionReport
false
CY2023Q1 dei Entity File Number
EntityFileNumber
1-07094
CY2023Q1 dei Entity Registrant Name
EntityRegistrantName
EASTGROUP PROPERTIES, INC.
CY2023Q1 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
MD
CY2023Q1 dei Entity Tax Identification Number
EntityTaxIdentificationNumber
13-2711135
CY2023Q1 dei Entity Address Address Line1
EntityAddressAddressLine1
400 W Parkway Place
CY2023Q1 dei Entity Address Address Line2
EntityAddressAddressLine2
Suite 100
CY2023Q1 dei Entity Address City Or Town
EntityAddressCityOrTown
Ridgeland,
CY2023Q1 dei Entity Address State Or Province
EntityAddressStateOrProvince
MS
CY2023Q1 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
39157
CY2023Q1 dei City Area Code
CityAreaCode
601
CY2023Q1 dei Local Phone Number
LocalPhoneNumber
354-3555
CY2023Q1 dei Security12b Title
Security12bTitle
Common stock, $0.0001 par value per share
CY2023Q1 dei Trading Symbol
TradingSymbol
EGP
CY2023Q1 dei Security Exchange Name
SecurityExchangeName
NYSE
CY2023Q1 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2023Q1 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2023Q1 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2023Q1 dei Entity Small Business
EntitySmallBusiness
false
CY2023Q1 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2023Q1 dei Entity Shell Company
EntityShellCompany
false
CY2023Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
44410824 shares
CY2023Q1 egp Real Estate Properties
RealEstateProperties
4478505000 usd
CY2022Q4 egp Real Estate Properties
RealEstateProperties
4395972000 usd
CY2023Q1 egp Developmentandvalueaddproperties
Developmentandvalueaddproperties
524929000 usd
CY2022Q4 egp Developmentandvalueaddproperties
Developmentandvalueaddproperties
538449000 usd
CY2023Q1 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
5003434000 usd
CY2022Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
4934421000 usd
CY2023Q1 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
1179134000 usd
CY2022Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
1150814000 usd
CY2023Q1 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
3824300000 usd
CY2022Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
3783607000 usd
CY2023Q1 us-gaap Equity Method Investments
EquityMethodInvestments
7507000 usd
CY2022Q4 us-gaap Equity Method Investments
EquityMethodInvestments
7230000 usd
CY2023Q1 us-gaap Cash
Cash
9390000 usd
CY2022Q4 us-gaap Cash
Cash
56000 usd
CY2023Q1 us-gaap Other Assets
OtherAssets
239264000 usd
CY2022Q4 us-gaap Other Assets
OtherAssets
244944000 usd
CY2023Q1 us-gaap Assets
Assets
4080461000 usd
CY2022Q4 us-gaap Assets
Assets
4035837000 usd
CY2023Q1 us-gaap Notes Payable To Bank
NotesPayableToBank
69787000 usd
CY2022Q4 us-gaap Notes Payable To Bank
NotesPayableToBank
168454000 usd
CY2023Q1 us-gaap Unsecured Debt
UnsecuredDebt
1725805000 usd
CY2022Q4 us-gaap Unsecured Debt
UnsecuredDebt
1691259000 usd
CY2023Q1 us-gaap Secured Debt
SecuredDebt
2003000 usd
CY2022Q4 us-gaap Secured Debt
SecuredDebt
2031000 usd
CY2023Q1 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
157644000 usd
CY2022Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
136988000 usd
CY2023Q1 us-gaap Other Liabilities
OtherLiabilities
88840000 usd
CY2022Q4 us-gaap Other Liabilities
OtherLiabilities
83666000 usd
CY2023Q1 us-gaap Liabilities
Liabilities
2044079000 usd
CY2022Q4 us-gaap Liabilities
Liabilities
2082398000 usd
CY2023Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
70000000 shares
CY2023Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
70000000 shares
CY2023Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
44242699 shares
CY2023Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
44242699 shares
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
43575539 shares
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
43575539 shares
CY2023Q1 us-gaap Common Stock Value
CommonStockValue
4000 usd
CY2022Q4 us-gaap Common Stock Value
CommonStockValue
4000 usd
CY2022Q4 egp Excess Shares Par Value
ExcessSharesParValue
0.0001
CY2023Q1 egp Excess Shares Par Value
ExcessSharesParValue
0.0001
CY2022Q4 egp Excess Shares Authorized
ExcessSharesAuthorized
30000000 shares
CY2023Q1 egp Excess Shares Authorized
ExcessSharesAuthorized
30000000 shares
CY2023Q1 us-gaap Excess Stock Shares Issued
ExcessStockSharesIssued
0 shares
CY2022Q4 us-gaap Excess Stock Shares Issued
ExcessStockSharesIssued
0 shares
CY2023Q1 egp Excess Shares Value
ExcessSharesValue
0 usd
CY2022Q4 egp Excess Shares Value
ExcessSharesValue
0 usd
CY2023Q1 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
2355476000 usd
CY2022Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
2251521000 usd
CY2023Q1 us-gaap Accumulated Distributions In Excess Of Net Income
AccumulatedDistributionsInExcessOfNetIncome
345622000 usd
CY2022Q4 us-gaap Accumulated Distributions In Excess Of Net Income
AccumulatedDistributionsInExcessOfNetIncome
334898000 usd
CY2023Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
26109000 usd
CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
36371000 usd
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
2035967000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
1952998000 usd
CY2023Q1 us-gaap Minority Interest
MinorityInterest
415000 usd
CY2022Q4 us-gaap Minority Interest
MinorityInterest
441000 usd
CY2023Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2036382000 usd
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1953439000 usd
CY2023Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
4080461000 usd
CY2022Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
4035837000 usd
CY2023Q1 egp Incomefromrealestateoperations
Incomefromrealestateoperations
133964000 usd
CY2022Q1 egp Incomefromrealestateoperations
Incomefromrealestateoperations
112952000 usd
CY2023Q1 us-gaap Other Operating Income
OtherOperatingIncome
1061000 usd
CY2022Q1 us-gaap Other Operating Income
OtherOperatingIncome
22000 usd
CY2023Q1 us-gaap Revenues
Revenues
135025000 usd
CY2022Q1 us-gaap Revenues
Revenues
112974000 usd
CY2023Q1 egp Expensesfromrealestateoperations
Expensesfromrealestateoperations
36186000 usd
CY2022Q1 egp Expensesfromrealestateoperations
Expensesfromrealestateoperations
31064000 usd
CY2023Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
41014000 usd
CY2022Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
36341000 usd
CY2023Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
5204000 usd
CY2022Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
4310000 usd
CY2023Q1 egp Indirectleasingcosts
Indirectleasingcosts
140000 usd
CY2022Q1 egp Indirectleasingcosts
Indirectleasingcosts
175000 usd
CY2023Q1 us-gaap Costs And Expenses
CostsAndExpenses
82544000 usd
CY2022Q1 us-gaap Costs And Expenses
CostsAndExpenses
71890000 usd
CY2023Q1 us-gaap Interest Expense
InterestExpense
13025000 usd
CY2022Q1 us-gaap Interest Expense
InterestExpense
8110000 usd
CY2023Q1 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
4809000 usd
CY2022Q1 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
30352000 usd
CY2023Q1 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
439000 usd
CY2022Q1 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
278000 usd
CY2023Q1 us-gaap Profit Loss
ProfitLoss
44704000 usd
CY2022Q1 us-gaap Profit Loss
ProfitLoss
63604000 usd
CY2023Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
14000 usd
CY2022Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
24000 usd
CY2023Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
44690000 usd
CY2022Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
63580000 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-10262000 usd
CY2022Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
15828000 usd
CY2023Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
34428000 usd
CY2022Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
79408000 usd
CY2023Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.02
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.54
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
43751000 shares
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
41246000 shares
CY2023Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.02
CY2022Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.54
CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
43823000 shares
CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
41359000 shares
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1953439000 usd
CY2023Q1 us-gaap Profit Loss
ProfitLoss
44704000 usd
CY2023Q1 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-10262000 usd
CY2023Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.25
CY2023Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
55414000 usd
CY2023Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
-3477000 usd
CY2023Q1 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
652909 shares
CY2023Q1 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
105321000 usd
CY2023Q1 us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
31254 shares
CY2023Q1 egp Withheld Shares Of Common Stock To Satisfy Tax Withholding Obligations In Connection With Vesting Of Restricted Stock
WithheldSharesOfCommonStockToSatisfyTaxWithholdingObligationsInConnectionWithVestingOfRestrictedStock
4836000 usd
CY2023Q1 egp Withheld Shares Of Common Stock To Satisfy Tax Withholding Obligations In Connection With Issuance Of Common Stock Shares
WithheldSharesOfCommonStockToSatisfyTaxWithholdingObligationsInConnectionWithIssuanceOfCommonStockShares
46 shares
CY2023Q1 egp Withheld Shares Of Common Stock To Satisfy Tax Withholding Obligations In Connection With Vesting Of Restricted Stock Shares
WithheldSharesOfCommonStockToSatisfyTaxWithholdingObligationsInConnectionWithVestingOfRestrictedStockShares
-7000 usd
CY2023Q1 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
-40000 usd
CY2023Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2036382000 usd
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1571460000 usd
CY2022Q1 us-gaap Profit Loss
ProfitLoss
63604000 usd
CY2022Q1 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
15828000 usd
CY2022Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.10
CY2022Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
45953000 usd
CY2022Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
-2594000 usd
CY2022Q1 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
385538 shares
CY2022Q1 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
74179000 usd
CY2022Q1 us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
34251 shares
CY2022Q1 egp Withheld Shares Of Common Stock To Satisfy Tax Withholding Obligations In Connection With Vesting Of Restricted Stock
WithheldSharesOfCommonStockToSatisfyTaxWithholdingObligationsInConnectionWithVestingOfRestrictedStock
7265000 usd
CY2022Q1 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
-58000 usd
CY2022Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1674389000 usd
CY2023Q1 us-gaap Profit Loss
ProfitLoss
44704000 usd
CY2022Q1 us-gaap Profit Loss
ProfitLoss
63604000 usd
CY2023Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
41014000 usd
CY2022Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
36341000 usd
CY2023Q1 us-gaap Share Based Compensation
ShareBasedCompensation
2784000 usd
CY2022Q1 us-gaap Share Based Compensation
ShareBasedCompensation
1903000 usd
CY2023Q1 egp Gain Loss On Sale Of Property Plant Equipment And Real Estate Properties
GainLossOnSaleOfPropertyPlantEquipmentAndRealEstateProperties
4809000 usd
CY2022Q1 egp Gain Loss On Sale Of Property Plant Equipment And Real Estate Properties
GainLossOnSaleOfPropertyPlantEquipmentAndRealEstateProperties
30352000 usd
CY2023Q1 egp Gain On Sales Of Non Operating Real Estate
GainOnSalesOfNonOperatingRealEstate
-81000 usd
CY2022Q1 egp Gain On Sales Of Non Operating Real Estate
GainOnSalesOfNonOperatingRealEstate
0 usd
CY2023Q1 egp Gainoncasualtiesandinvoluntaryconversion
Gainoncasualtiesandinvoluntaryconversion
-1027000 usd
CY2022Q1 egp Gainoncasualtiesandinvoluntaryconversion
Gainoncasualtiesandinvoluntaryconversion
0 usd
CY2023Q1 us-gaap Increase Decrease In Operating Assets
IncreaseDecreaseInOperatingAssets
-1005000 usd
CY2022Q1 us-gaap Increase Decrease In Operating Assets
IncreaseDecreaseInOperatingAssets
-1372000 usd
CY2023Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
9674000 usd
CY2022Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
9380000 usd
CY2023Q1 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
197000 usd
CY2022Q1 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
16000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
93461000 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
82264000 usd
CY2023Q1 us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
64112000 usd
CY2022Q1 us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
127112000 usd
CY2023Q1 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
15777000 usd
CY2022Q1 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
9840000 usd
CY2023Q1 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
10765000 usd
CY2022Q1 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
38133000 usd
CY2023Q1 us-gaap Payments For Lease Commissions
PaymentsForLeaseCommissions
7921000 usd
CY2022Q1 us-gaap Payments For Lease Commissions
PaymentsForLeaseCommissions
9344000 usd
CY2023Q1 egp Changes In Accrued Development Costs
ChangesInAccruedDevelopmentCosts
12271000 usd
CY2022Q1 egp Changes In Accrued Development Costs
ChangesInAccruedDevelopmentCosts
4494000 usd
CY2023Q1 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
49000 usd
CY2022Q1 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
10476000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-64823000 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-114145000 usd
CY2023Q1 us-gaap Proceeds From Bank Debt
ProceedsFromBankDebt
143872000 usd
CY2022Q1 us-gaap Proceeds From Bank Debt
ProceedsFromBankDebt
217290000 usd
CY2023Q1 us-gaap Repayments Of Bank Debt
RepaymentsOfBankDebt
241845000 usd
CY2022Q1 us-gaap Repayments Of Bank Debt
RepaymentsOfBankDebt
229187000 usd
CY2023Q1 us-gaap Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
100000000 usd
CY2022Q1 us-gaap Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
100000000 usd
CY2023Q1 us-gaap Repayments Of Unsecured Debt
RepaymentsOfUnsecuredDebt
65000000 usd
CY2022Q1 us-gaap Repayments Of Unsecured Debt
RepaymentsOfUnsecuredDebt
75000000 usd
CY2023Q1 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
24000 usd
CY2022Q1 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
23000 usd
CY2023Q1 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
1631000 usd
CY2022Q1 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
648000 usd
CY2023Q1 us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
55173000 usd
CY2022Q1 us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
46033000 usd
CY2023Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
105716000 usd
CY2022Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
74249000 usd
CY2023Q1 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
395000 usd
CY2022Q1 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
70000 usd
CY2023Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-4824000 usd
CY2022Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-7372000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-19304000 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
33206000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
9334000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
1325000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
56000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
4393000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
9390000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
5718000 usd
CY2023Q1 us-gaap Interest Paid Capitalized
InterestPaidCapitalized
3735000 usd
CY2022Q1 us-gaap Interest Paid Capitalized
InterestPaidCapitalized
2244000 usd
CY2023Q1 us-gaap Interest Paid Net
InterestPaidNet
7756000 usd
CY2022Q1 us-gaap Interest Paid Net
InterestPaidNet
5476000 usd
CY2023Q1 egp Cashpaidforoperatingleaseliability
Cashpaidforoperatingleaseliability
569000 usd
CY2022Q1 egp Cashpaidforoperatingleaseliability
Cashpaidforoperatingleaseliability
515000 usd
CY2023Q1 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, 2022 and the notes thereto. Certain reclassifications have been made in the 2022 consolidated financial statements to conform to the 2023 presentation.
CY2023Q1 egp Percentageofassetsliabilitiesrevenuesandexpensesofthebuildingsheldinjointventureswiththenoncontrollinginterests
Percentageofassetsliabilitiesrevenuesandexpensesofthebuildingsheldinjointventureswiththenoncontrollinginterests
1
CY2022Q4 egp Percentageofassetsliabilitiesrevenuesandexpensesofthebuildingsheldinjointventureswiththenoncontrollinginterests
Percentageofassetsliabilitiesrevenuesandexpensesofthebuildingsheldinjointventureswiththenoncontrollinginterests
1
CY2023Q1 us-gaap Use Of Estimates
UseOfEstimates
The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses during the reporting period and to disclose material contingent assets and liabilities at the date of the financial statements.  Actual results could differ from those estimates.
CY2023Q1 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
100696000 usd
CY2022Q1 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
84945000 usd
CY2023Q1 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
33268000 usd
CY2022Q1 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
28007000 usd
CY2023Q1 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
133964000 usd
CY2022Q1 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
112952000 usd
CY2023Q1 us-gaap Number Of Reporting Units
NumberOfReportingUnits
1 integer
CY2023Q1 us-gaap Depreciation
Depreciation
33846000 usd
CY2022Q1 us-gaap Depreciation
Depreciation
29392000 usd
CY2023Q1 us-gaap Land
Land
738856000 usd
CY2022Q4 us-gaap Land
Land
730445000 usd
CY2023Q1 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
3075417000 usd
CY2022Q4 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
3012319000 usd
CY2023Q1 us-gaap Tenant Improvements
TenantImprovements
645194000 usd
CY2022Q4 us-gaap Tenant Improvements
TenantImprovements
633817000 usd
CY2023Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
19038000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
19391000 usd
CY2023Q1 egp Developmentandvalueaddproperties
Developmentandvalueaddproperties
524929000 usd
CY2022Q4 egp Developmentandvalueaddproperties
Developmentandvalueaddproperties
538449000 usd
CY2023Q1 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
5003434000 usd
CY2022Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
4934421000 usd
CY2023Q1 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
1179134000 usd
CY2022Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
1150814000 usd
CY2023Q1 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
3824300000 usd
CY2022Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
3783607000 usd
CY2023Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1962000 usd
CY2022Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2465000 usd
CY2023Q1 egp Rental Income Increase Decrease For Amortization Of Acquired In Place Lease Intangibles
RentalIncomeIncreaseDecreaseForAmortizationOfAcquiredInPlaceLeaseIntangibles
-599000 usd
CY2022Q1 egp Rental Income Increase Decrease For Amortization Of Acquired In Place Lease Intangibles
RentalIncomeIncreaseDecreaseForAmortizationOfAcquiredInPlaceLeaseIntangibles
-845000 usd
CY2023Q1 us-gaap Deferred Costs Leasing Gross
DeferredCostsLeasingGross
146185000 usd
CY2022Q4 us-gaap Deferred Costs Leasing Gross
DeferredCostsLeasingGross
140273000 usd
CY2023Q1 us-gaap Deferred Costs Leasing Accumulated Amortization
DeferredCostsLeasingAccumulatedAmortization
50312000 usd
CY2022Q4 us-gaap Deferred Costs Leasing Accumulated Amortization
DeferredCostsLeasingAccumulatedAmortization
48249000 usd
CY2023Q1 us-gaap Deferred Costs Leasing Net
DeferredCostsLeasingNet
95873000 usd
CY2022Q4 us-gaap Other Assets
OtherAssets
244944000 usd
CY2022Q4 us-gaap Deferred Costs Leasing Net
DeferredCostsLeasingNet
92024000 usd
CY2023Q1 us-gaap Finite Lived Intangible Asset Acquired In Place Leases
FiniteLivedIntangibleAssetAcquiredInPlaceLeases
36113000 usd
CY2022Q4 us-gaap Finite Lived Intangible Asset Acquired In Place Leases
FiniteLivedIntangibleAssetAcquiredInPlaceLeases
37181000 usd
CY2023Q1 egp Acquired In Place Lease Intangibles Accumulated Amortization
AcquiredInPlaceLeaseIntangiblesAccumulatedAmortization
17170000 usd
CY2022Q4 egp Acquired In Place Lease Intangibles Accumulated Amortization
AcquiredInPlaceLeaseIntangiblesAccumulatedAmortization
16276000 usd
CY2023Q1 egp Acquired In Place Lease Intangibles Net Of Accumulated Amortization
AcquiredInPlaceLeaseIntangiblesNetOfAccumulatedAmortization
18943000 usd
CY2022Q4 egp Acquired In Place Lease Intangibles Net Of Accumulated Amortization
AcquiredInPlaceLeaseIntangiblesNetOfAccumulatedAmortization
20905000 usd
CY2023Q1 egp Acquired Above Market Lease Intangibles
AcquiredAboveMarketLeaseIntangibles
496000 usd
CY2022Q4 egp Acquired Above Market Lease Intangibles
AcquiredAboveMarketLeaseIntangibles
496000 usd
CY2023Q1 egp Accumulated Amortization Acquired Above Market Lease Intangibles
AccumulatedAmortizationAcquiredAboveMarketLeaseIntangibles
272000 usd
CY2022Q4 egp Accumulated Amortization Acquired Above Market Lease Intangibles
AccumulatedAmortizationAcquiredAboveMarketLeaseIntangibles
251000 usd
CY2023Q1 egp Acquired Above Market Leases Net Of Accumulated Amortization
AcquiredAboveMarketLeasesNetOfAccumulatedAmortization
224000 usd
CY2022Q4 egp Acquired Above Market Leases Net Of Accumulated Amortization
AcquiredAboveMarketLeasesNetOfAccumulatedAmortization
245000 usd
CY2023Q1 egp Straightlinerentsreceivable
Straightlinerentsreceivable
64644000 usd
CY2022Q4 egp Straightlinerentsreceivable
Straightlinerentsreceivable
61452000 usd
CY2023Q1 egp Accountsreceivable
Accountsreceivable
4163000 usd
CY2022Q4 egp Accountsreceivable
Accountsreceivable
9568000 usd
CY2023Q1 us-gaap Interest Rate Cash Flow Hedge Asset At Fair Value
InterestRateCashFlowHedgeAssetAtFairValue
30229000 usd
CY2022Q4 us-gaap Interest Rate Cash Flow Hedge Asset At Fair Value
InterestRateCashFlowHedgeAssetAtFairValue
38352000 usd
CY2023Q1 egp Rightofuseassets Office Leases
RightofuseassetsOfficeLeases
1926000 usd
CY2022Q4 egp Rightofuseassets Office Leases
RightofuseassetsOfficeLeases
2050000 usd
CY2023Q1 us-gaap Escrow Deposit
EscrowDeposit
2866000 usd
CY2022Q4 us-gaap Escrow Deposit
EscrowDeposit
2522000 usd
CY2023Q1 us-gaap Goodwill
Goodwill
990000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
990000 usd
CY2023Q1 us-gaap Prepaid Insurance
PrepaidInsurance
1693000 usd
CY2022Q4 us-gaap Prepaid Insurance
PrepaidInsurance
2681000 usd
CY2023Q1 us-gaap Insurance Settlements Receivable
InsuranceSettlementsReceivable
6098000 usd
CY2022Q4 us-gaap Insurance Settlements Receivable
InsuranceSettlementsReceivable
2828000 usd
CY2023Q1 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
11615000 usd
CY2022Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
11327000 usd
CY2023Q1 us-gaap Other Assets
OtherAssets
239264000 usd
CY2023Q1 egp Acquired Below Market Lease Intangibles Gross
AcquiredBelowMarketLeaseIntangiblesGross
10483000 usd
CY2023Q1 egp Totaldebt
Totaldebt
1797595000 usd
CY2022Q4 egp Totaldebt
Totaldebt
1861744000 usd
CY2023Q1 egp Moodys Credit Rating
MoodysCreditRating
Baa2
CY2023Q1 us-gaap Accrual For Taxes Other Than Income Taxes Current And Noncurrent
AccrualForTaxesOtherThanIncomeTaxesCurrentAndNoncurrent
21725000 usd
CY2022Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current And Noncurrent
AccrualForTaxesOtherThanIncomeTaxesCurrentAndNoncurrent
6823000 usd
CY2023Q1 us-gaap Construction Payable Current And Noncurrent
ConstructionPayableCurrentAndNoncurrent
31781000 usd
CY2022Q4 us-gaap Construction Payable Current And Noncurrent
ConstructionPayableCurrentAndNoncurrent
21305000 usd
CY2023Q1 egp Retainage Payable
RetainagePayable
12805000 usd
CY2022Q4 egp Retainage Payable
RetainagePayable
11011000 usd
CY2023Q1 egp Propertycapitalexpenditurespayable
Propertycapitalexpenditurespayable
7097000 usd
CY2022Q4 egp Propertycapitalexpenditurespayable
Propertycapitalexpenditurespayable
5182000 usd
CY2023Q1 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
14387000 usd
CY2022Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
9597000 usd
CY2023Q1 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
56193000 usd
CY2022Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
55952000 usd
CY2023Q1 egp Bookoverdraft
Bookoverdraft
5465000 usd
CY2022Q4 egp Bookoverdraft
Bookoverdraft
13370000 usd
CY2023Q1 us-gaap Accounts Payable Other Current And Noncurrent
AccountsPayableOtherCurrentAndNoncurrent
8191000 usd
CY2022Q4 us-gaap Accounts Payable Other Current And Noncurrent
AccountsPayableOtherCurrentAndNoncurrent
13748000 usd
CY2023Q1 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
157644000 usd
CY2022Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
136988000 usd
CY2022Q4 egp Acquired Below Market Lease Intangibles Gross
AcquiredBelowMarketLeaseIntangiblesGross
10735000 usd
CY2023Q1 egp Accumulated Amortization Acquired Below Market Lease Intangibles
AccumulatedAmortizationAcquiredBelowMarketLeaseIntangibles
-4324000 usd
CY2023Q1 us-gaap Security Deposit Liability
SecurityDepositLiability
35690000 usd
CY2022Q4 us-gaap Security Deposit Liability
SecurityDepositLiability
34272000 usd
CY2023Q1 us-gaap Advance Rent
AdvanceRent
20404000 usd
CY2022Q4 us-gaap Advance Rent
AdvanceRent
17004000 usd
CY2023Q1 egp Operatingleaseliabilitiesgroundleases
Operatingleaseliabilitiesgroundleases
19616000 usd
CY2022Q4 egp Operatingleaseliabilitiesgroundleases
Operatingleaseliabilitiesgroundleases
19906000 usd
CY2023Q1 egp Operatingleaseliabilitiesofficeleases
Operatingleaseliabilitiesofficeleases
2017000 usd
CY2022Q4 egp Operatingleaseliabilitiesofficeleases
Operatingleaseliabilitiesofficeleases
2139000 usd
CY2022Q4 egp Accumulated Amortization Acquired Below Market Lease Intangibles
AccumulatedAmortizationAcquiredBelowMarketLeaseIntangibles
-3957000 usd
CY2023Q1 egp Acquired Below Market Lease Intangibles Net
AcquiredBelowMarketLeaseIntangiblesNet
6159000 usd
CY2022Q4 egp Acquired Below Market Lease Intangibles Net
AcquiredBelowMarketLeaseIntangiblesNet
6778000 usd
CY2023Q1 us-gaap Interest Rate Cash Flow Hedge Liability At Fair Value
InterestRateCashFlowHedgeLiabilityAtFairValue
4120000 usd
CY2022Q4 us-gaap Interest Rate Cash Flow Hedge Liability At Fair Value
InterestRateCashFlowHedgeLiabilityAtFairValue
1981000 usd
CY2023Q1 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
834000 usd
CY2022Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
1586000 usd
CY2023Q1 us-gaap Other Liabilities
OtherLiabilities
88840000 usd
CY2022Q4 us-gaap Other Liabilities
OtherLiabilities
83666000 usd
CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
36371000 usd
CY2021Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
1302000 usd
CY2023Q1 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-10262000 usd
CY2022Q1 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
15828000 usd
CY2023Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
26109000 usd
CY2022Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
17130000 usd
CY2023Q1 egp Numberofinterestrateswaps
Numberofinterestrateswaps
7 integer
CY2022Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
63580000 usd
CY2023Q1 egp Swap Termination Value
SwapTerminationValue
26425000 usd
CY2023Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
44690000 usd
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
43751000 shares
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
41246000 shares
CY2023Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
44690000 usd
CY2022Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
63580000 usd
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
43751000 shares
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
41246000 shares
CY2023Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
72000 shares
CY2022Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
113000 shares
CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
43823000 shares
CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
41359000 shares
CY2023Q1 us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
31254 shares

Files In Submission

Name View Source Status
egp-20230331_cal.xml Edgar Link unprocessable
egp-20230331_def.xml Edgar Link unprocessable
0000049600-23-000062-index-headers.html Edgar Link pending
0000049600-23-000062-index.html Edgar Link pending
0000049600-23-000062.txt Edgar Link pending
0000049600-23-000062-xbrl.zip Edgar Link pending
egp-20230331.htm Edgar Link pending
egp-20230331.xsd Edgar Link pending
egp-20230331_g1.jpg Edgar Link pending
exhibit311q12023.htm Edgar Link pending
exhibit312q12023.htm Edgar Link pending
exhibit321q12023.htm Edgar Link pending
exhibit322q12023.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
egp-20230331_pre.xml Edgar Link unprocessable
egp-20230331_lab.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
egp-20230331_htm.xml Edgar Link completed
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending