2023 Q3 Form 10-Q Financial Statement

#000004960023000095 Filed on July 26, 2023

View on sec.gov

Income Statement

Concept 2023 Q3 2023 Q2 2022 Q4
Revenue $146.5M $139.9M $129.8M
YoY Change 16.61% 18.0% 20.93%
Cost Of Revenue $40.71M $37.77M $35.27M
YoY Change 16.2% 16.04% 19.34%
Gross Profit $105.8M $102.1M $94.57M
YoY Change 16.77% 18.73% 21.53%
Gross Profit Margin 72.22% 73.0% 72.83%
Selling, General & Admin $3.429M $4.384M $3.859M
YoY Change -13.56% 3.74% 6.51%
% of Gross Profit 3.24% 4.29% 4.08%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $42.52M $42.29M $40.56M
YoY Change 8.26% 12.9% 22.26%
% of Gross Profit 40.18% 41.42% 42.89%
Operating Expenses $46.10M $46.83M $44.55M
YoY Change 6.3% 12.02% 20.74%
Operating Profit $59.72M $55.29M $50.01M
YoY Change 26.37% 25.08% 22.24%
Interest Expense $11.29M -$12.58M -$11.65M
YoY Change 15.53% -240.19% 44.3%
% of Operating Profit 18.9% -22.74% -23.29%
Other Income/Expense, Net $474.0K $383.0K $322.0K
YoY Change 45.4% 34.86% 54.07%
Pretax Income $48.91M $43.47M $38.69M
YoY Change 29.33% -5.85% -46.2%
Income Tax
% Of Pretax Income
Net Earnings $48.91M $43.45M $38.67M
YoY Change 29.33% -5.88% -46.21%
Net Earnings / Revenue 33.38% 31.06% 29.78%
Basic Earnings Per Share $1.07 $0.97
Diluted Earnings Per Share $1.07 $0.97 $0.89
COMMON SHARES
Basic Shares Outstanding 45.40M shares 44.41M shares 43.57M shares
Diluted Shares Outstanding 45.79M shares 44.73M shares

Balance Sheet

Concept 2023 Q3 2023 Q2 2022 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $374.0K $1.082M $56.00K
YoY Change -92.29% -80.52% -98.73%
Cash & Equivalents $374.0K $1.082M $56.00K
Short-Term Investments
Other Short-Term Assets $17.92M $21.23M $16.47M
YoY Change 28.37% 44.64% -1.64%
Inventory
Prepaid Expenses
Receivables $76.62M $70.57M $71.02M
Other Receivables $4.433M $4.789M $364.0K
Total Short-Term Assets $99.35M $97.67M $87.91M
YoY Change 18.2% 21.1% -0.01%
LONG-TERM ASSETS
Property, Plant & Equipment $4.084B $3.943B $3.786B
YoY Change 10.07% 8.82% 25.45%
Goodwill $990.0K $990.0K $990.0K
YoY Change 0.0% 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments $7.261M $8.982M $7.230M
YoY Change -5.28% 21.77% -1.23%
Other Assets $0.00
YoY Change -100.0%
Total Long-Term Assets $4.256B $4.106B $3.948B
YoY Change 9.73% 8.89% 26.24%
TOTAL ASSETS
Total Short-Term Assets $99.35M $97.67M $87.91M
Total Long-Term Assets $4.256B $4.106B $3.948B
Total Assets $4.355B $4.204B $4.036B
YoY Change 9.91% 9.15% 25.52%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $98.97M $71.94M $38.47M
YoY Change 11.01% 9.14% 6.93%
Deferred Revenue
YoY Change
Short-Term Debt $3.419M $660.0K $13.37M
YoY Change 712.11% -78.25% 175.95%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $275.3M $236.3M $193.3M
YoY Change 11.53% 11.39% 18.57%
LONG-TERM LIABILITIES
Long-Term Debt $1.674B $1.726B $1.862B
YoY Change -1.38% 6.31% 28.24%
Other Long-Term Liabilities $25.89M $28.12M $27.35M
YoY Change -6.0% -6.2% -5.9%
Total Long-Term Liabilities $1.700B $1.754B $1.889B
YoY Change -1.45% 6.08% 27.57%
TOTAL LIABILITIES
Total Short-Term Liabilities $275.3M $236.3M $193.3M
Total Long-Term Liabilities $1.700B $1.754B $1.889B
Total Liabilities $1.976B $1.991B $2.082B
YoY Change 0.18% 6.71% 26.68%
SHAREHOLDERS EQUITY
Retained Earnings $358.9M $334.9M
YoY Change
Common Stock $2.706B $2.536B $2.252B
YoY Change 19.38% 12.06% 19.33%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.379B $2.213B $1.953B
YoY Change
Total Liabilities & Shareholders Equity $4.355B $4.204B $4.036B
YoY Change 9.91% 9.15% 25.52%

Cashflow Statement

Concept 2023 Q3 2023 Q2 2022 Q4
OPERATING ACTIVITIES
Net Income $48.91M $43.45M $38.67M
YoY Change 29.33% -5.88% -46.21%
Depreciation, Depletion And Amortization $42.52M $42.29M $40.56M
YoY Change 8.26% 12.9% 22.26%
Cash From Operating Activities $121.3M $85.32M $39.95M
YoY Change 20.84% -9.13% 160.67%
INVESTING ACTIVITIES
Capital Expenditures $179.7M $156.1M $108.6M
YoY Change -248.25% -191.71% -144.69%
Acquisitions
YoY Change
Other Investing Activities -$1.003M $12.17M -$27.03M
YoY Change -68.99% -47.72% -179.0%
Cash From Investing Activities -$180.7M -$144.0M -$135.6M
YoY Change 45.2% -2.05% -35.04%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 58.63M 50.35M 90.85M
YoY Change 151.51% -4.89% -54.01%
NET CHANGE
Cash From Operating Activities 121.3M 85.32M 39.95M
Cash From Investing Activities -180.7M -144.0M -135.6M
Cash From Financing Activities 58.63M 50.35M 90.85M
Net Change In Cash -708.0K -8.308M -4.792M
YoY Change 0.14% 4996.93% -215.58%
FREE CASH FLOW
Cash From Operating Activities $121.3M $85.32M $39.95M
Capital Expenditures $179.7M $156.1M $108.6M
Free Cash Flow -$58.33M -$70.83M -$68.62M
YoY Change -126.33% -126.81% -126.57%

Facts In Submission

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us-gaap Basis Of Accounting
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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.
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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.
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us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
67929000 usd
us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
57574000 usd
CY2023Q2 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
138811000 usd
CY2022Q2 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
118498000 usd
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
272775000 usd
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
231450000 usd
us-gaap Number Of Reporting Units
NumberOfReportingUnits
1 integer
CY2023Q2 us-gaap Depreciation
Depreciation
34690000 usd
us-gaap Depreciation
Depreciation
68536000 usd
CY2022Q2 us-gaap Depreciation
Depreciation
30715000 usd
us-gaap Depreciation
Depreciation
60107000 usd
CY2023Q2 us-gaap Land
Land
776357000 usd
CY2022Q4 us-gaap Land
Land
730445000 usd
CY2023Q2 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
3139436000 usd
CY2022Q4 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
3012319000 usd
CY2023Q2 us-gaap Tenant Improvements
TenantImprovements
659997000 usd
CY2022Q4 us-gaap Tenant Improvements
TenantImprovements
633817000 usd
CY2023Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
18687000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
19391000 usd
CY2023Q2 egp Developmentandvalueaddproperties
Developmentandvalueaddproperties
559108000 usd
CY2022Q4 egp Developmentandvalueaddproperties
Developmentandvalueaddproperties
538449000 usd
CY2023Q2 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
5153585000 usd
CY2022Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
4934421000 usd
CY2023Q2 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
1212857000 usd
CY2022Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
1150814000 usd
CY2023Q2 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
3940728000 usd
CY2022Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
3783607000 usd
CY2023Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2174000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
4136000 usd
CY2022Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2198000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
4663000 usd
CY2023Q2 egp Rental Income Increase Decrease For Amortization Of Acquired In Place Lease Intangibles
RentalIncomeIncreaseDecreaseForAmortizationOfAcquiredInPlaceLeaseIntangibles
-696000 usd
egp Rental Income Increase Decrease For Amortization Of Acquired In Place Lease Intangibles
RentalIncomeIncreaseDecreaseForAmortizationOfAcquiredInPlaceLeaseIntangibles
-1295000 usd
CY2022Q2 egp Rental Income Increase Decrease For Amortization Of Acquired In Place Lease Intangibles
RentalIncomeIncreaseDecreaseForAmortizationOfAcquiredInPlaceLeaseIntangibles
-507000 usd
egp Rental Income Increase Decrease For Amortization Of Acquired In Place Lease Intangibles
RentalIncomeIncreaseDecreaseForAmortizationOfAcquiredInPlaceLeaseIntangibles
-1352000 usd
CY2023Q2 us-gaap Finite Lived Intangible Asset Acquired In Place Leases
FiniteLivedIntangibleAssetAcquiredInPlaceLeases
36115000 usd
CY2022Q4 us-gaap Finite Lived Intangible Asset Acquired In Place Leases
FiniteLivedIntangibleAssetAcquiredInPlaceLeases
37181000 usd
CY2023Q2 egp Acquired In Place Lease Intangibles Accumulated Amortization
AcquiredInPlaceLeaseIntangiblesAccumulatedAmortization
17742000 usd
CY2022Q4 egp Acquired In Place Lease Intangibles Accumulated Amortization
AcquiredInPlaceLeaseIntangiblesAccumulatedAmortization
16276000 usd
CY2023Q2 egp Acquired In Place Lease Intangibles Net Of Accumulated Amortization
AcquiredInPlaceLeaseIntangiblesNetOfAccumulatedAmortization
18373000 usd
CY2022Q4 egp Acquired In Place Lease Intangibles Net Of Accumulated Amortization
AcquiredInPlaceLeaseIntangiblesNetOfAccumulatedAmortization
20905000 usd
CY2023Q2 egp Acquired Above Market Lease Intangibles
AcquiredAboveMarketLeaseIntangibles
496000 usd
CY2023Q2 us-gaap Deferred Costs Leasing Gross
DeferredCostsLeasingGross
150350000 usd
CY2022Q4 us-gaap Deferred Costs Leasing Gross
DeferredCostsLeasingGross
140273000 usd
CY2023Q2 us-gaap Deferred Costs Leasing Accumulated Amortization
DeferredCostsLeasingAccumulatedAmortization
52549000 usd
CY2022Q4 us-gaap Deferred Costs Leasing Accumulated Amortization
DeferredCostsLeasingAccumulatedAmortization
48249000 usd
CY2023Q2 us-gaap Deferred Costs Leasing Net
DeferredCostsLeasingNet
97801000 usd
CY2022Q4 us-gaap Deferred Costs Leasing Net
DeferredCostsLeasingNet
92024000 usd
CY2022Q4 egp Acquired Above Market Lease Intangibles
AcquiredAboveMarketLeaseIntangibles
496000 usd
CY2023Q2 egp Accumulated Amortization Acquired Above Market Lease Intangibles
AccumulatedAmortizationAcquiredAboveMarketLeaseIntangibles
292000 usd
CY2022Q4 egp Accumulated Amortization Acquired Above Market Lease Intangibles
AccumulatedAmortizationAcquiredAboveMarketLeaseIntangibles
251000 usd
CY2023Q2 egp Acquired Above Market Leases Net Of Accumulated Amortization
AcquiredAboveMarketLeasesNetOfAccumulatedAmortization
204000 usd
CY2022Q4 egp Acquired Above Market Leases Net Of Accumulated Amortization
AcquiredAboveMarketLeasesNetOfAccumulatedAmortization
245000 usd
CY2023Q2 egp Straightlinerentsreceivable
Straightlinerentsreceivable
67362000 usd
CY2022Q4 egp Straightlinerentsreceivable
Straightlinerentsreceivable
61452000 usd
CY2023Q2 egp Accountsreceivable
Accountsreceivable
3209000 usd
CY2022Q4 egp Accountsreceivable
Accountsreceivable
9568000 usd
CY2023Q2 us-gaap Interest Rate Cash Flow Hedge Asset At Fair Value
InterestRateCashFlowHedgeAssetAtFairValue
37575000 usd
CY2022Q4 us-gaap Interest Rate Cash Flow Hedge Asset At Fair Value
InterestRateCashFlowHedgeAssetAtFairValue
38352000 usd
CY2023Q2 egp Rightofuseassets Office Leases
RightofuseassetsOfficeLeases
1803000 usd
CY2022Q4 egp Rightofuseassets Office Leases
RightofuseassetsOfficeLeases
2050000 usd
CY2023Q2 us-gaap Escrow Deposit
EscrowDeposit
1197000 usd
CY2022Q4 us-gaap Escrow Deposit
EscrowDeposit
2522000 usd
CY2023Q2 us-gaap Goodwill
Goodwill
990000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
990000 usd
CY2023Q2 us-gaap Prepaid Insurance
PrepaidInsurance
15582000 usd
CY2022Q4 us-gaap Prepaid Insurance
PrepaidInsurance
2681000 usd
CY2023Q2 us-gaap Insurance Settlements Receivable
InsuranceSettlementsReceivable
4789000 usd
CY2022Q4 us-gaap Insurance Settlements Receivable
InsuranceSettlementsReceivable
2828000 usd
CY2023Q2 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
5648000 usd
CY2022Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
11327000 usd
CY2023Q2 us-gaap Other Assets
OtherAssets
254533000 usd
CY2022Q4 us-gaap Other Assets
OtherAssets
244944000 usd
CY2023Q2 egp Totaldebt
Totaldebt
1725996000 usd
CY2022Q4 egp Totaldebt
Totaldebt
1861744000 usd
egp Moodys Credit Rating
MoodysCreditRating
Baa2
CY2023Q2 us-gaap Accrual For Taxes Other Than Income Taxes Current And Noncurrent
AccrualForTaxesOtherThanIncomeTaxesCurrentAndNoncurrent
41496000 usd
CY2022Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current And Noncurrent
AccrualForTaxesOtherThanIncomeTaxesCurrentAndNoncurrent
6823000 usd
CY2023Q2 us-gaap Construction Payable Current And Noncurrent
ConstructionPayableCurrentAndNoncurrent
39920000 usd
CY2022Q4 us-gaap Construction Payable Current And Noncurrent
ConstructionPayableCurrentAndNoncurrent
21305000 usd
CY2023Q2 egp Retainage Payable
RetainagePayable
13010000 usd
CY2022Q4 egp Retainage Payable
RetainagePayable
11011000 usd
CY2023Q2 egp Propertycapitalexpenditurespayable
Propertycapitalexpenditurespayable
5806000 usd
CY2022Q4 egp Propertycapitalexpenditurespayable
Propertycapitalexpenditurespayable
5182000 usd
CY2023Q2 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
9228000 usd
CY2022Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
9597000 usd
CY2023Q2 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
57717000 usd
CY2022Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
55952000 usd
CY2023Q2 egp Bookoverdraft
Bookoverdraft
660000 usd
CY2022Q4 egp Bookoverdraft
Bookoverdraft
13370000 usd
CY2023Q2 us-gaap Accounts Payable Other Current And Noncurrent
AccountsPayableOtherCurrentAndNoncurrent
10730000 usd
CY2022Q4 us-gaap Accounts Payable Other Current And Noncurrent
AccountsPayableOtherCurrentAndNoncurrent
13748000 usd
CY2023Q2 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
178567000 usd
CY2022Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
136988000 usd
CY2023Q2 us-gaap Security Deposit Liability
SecurityDepositLiability
36503000 usd
CY2022Q4 us-gaap Security Deposit Liability
SecurityDepositLiability
34272000 usd
CY2023Q2 us-gaap Advance Rent
AdvanceRent
20635000 usd
CY2022Q4 us-gaap Advance Rent
AdvanceRent
17004000 usd
CY2023Q2 egp Operatingleaseliabilitiesgroundleases
Operatingleaseliabilitiesgroundleases
19329000 usd
CY2022Q4 egp Operatingleaseliabilitiesgroundleases
Operatingleaseliabilitiesgroundleases
19906000 usd
CY2023Q2 egp Operatingleaseliabilitiesofficeleases
Operatingleaseliabilitiesofficeleases
1891000 usd
CY2022Q4 egp Operatingleaseliabilitiesofficeleases
Operatingleaseliabilitiesofficeleases
2139000 usd
CY2023Q2 us-gaap Below Market Lease Gross
BelowMarketLeaseGross
10001000 usd
CY2022Q4 us-gaap Below Market Lease Gross
BelowMarketLeaseGross
10735000 usd
CY2023Q2 us-gaap Below Market Lease Accumulated Amortization
BelowMarketLeaseAccumulatedAmortization
4559000 usd
CY2022Q4 us-gaap Below Market Lease Accumulated Amortization
BelowMarketLeaseAccumulatedAmortization
3957000 usd
CY2023Q2 us-gaap Below Market Lease Net
BelowMarketLeaseNet
5442000 usd
CY2022Q4 us-gaap Below Market Lease Net
BelowMarketLeaseNet
6778000 usd
CY2023Q2 us-gaap Interest Rate Cash Flow Hedge Liability At Fair Value
InterestRateCashFlowHedgeLiabilityAtFairValue
1264000 usd
CY2022Q4 us-gaap Interest Rate Cash Flow Hedge Liability At Fair Value
InterestRateCashFlowHedgeLiabilityAtFairValue
1981000 usd
CY2023Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
780000 usd
CY2022Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
1586000 usd
CY2023Q2 us-gaap Other Liabilities
OtherLiabilities
85844000 usd
CY2022Q4 us-gaap Other Liabilities
OtherLiabilities
83666000 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
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
CY2023Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
10202000 usd
CY2022Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
6841000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
-60000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
22669000 usd
CY2023Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
36311000 usd
CY2022Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
23971000 usd
CY2023Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
36311000 usd
CY2022Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
23971000 usd
CY2023Q2 egp Numberofinterestrateswaps
Numberofinterestrateswaps
7 integer
CY2023Q2 egp Swap Termination Value
SwapTerminationValue
36782000 usd
CY2023Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
43450000 usd
CY2022Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
46139000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
88140000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
109719000 usd
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
44656000 shares
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
42211000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
44204000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
41729000 shares
CY2023Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
43450000 usd
CY2022Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
46139000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
88140000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
109719000 usd
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
44656000 shares
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
42211000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
44204000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
41729000 shares
CY2023Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
78000 shares
CY2022Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
105000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
75000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
109000 shares
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
44734000 shares
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
42316000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
44279000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
41838000 shares
us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
31254 shares

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