DEBT (Tables)

9 Months Ended

Sep. 30, 2019

Debt Disclosure [Abstract]

Schedule of Maturities of Long-term Debt [Table Text Block]

Scheduled principal payments on long-term debt, including Unsecured debt and Secured debt (not including Unsecured bank credit facilities), as of September 30, 2019, are as follows: 

Years Ending December 31,	(In thousands)
2019 - Remainder of year	$	2,248
2020	114,096
2021	129,562
2022	107,770
2023	115,119
2024 and beyond	506,924
Total	$	975,719

Long term debt, by type [Table Text Block]

The Company’s debt is detailed below. EastGroup presents debt issuance costs as reductions of Unsecured bank credit facilities, Unsecured debt and Secured debt on the Consolidated Balance Sheets.

	September 30, 2019			December 31, 2018
	(In thousands)
Unsecured bank credit facilities - variable rate, carrying amount	$	140,006		195,730
Unamortized debt issuance costs	(1,427		)	(1,804	)
Unsecured bank credit facilities	138,579			193,926
Unsecured debt - fixed rate, carrying amount (1)	840,000			725,000
Unamortized debt issuance costs	(1,419		)	(1,600	)
Unsecured debt	838,581			723,400
Secured debt - fixed rate, carrying amount (1)	135,719			189,038
Unamortized debt issuance costs	(389		)	(577	)
Secured debt	135,330			188,461
Total debt	$	1,112,490		1,105,787

(1) These loans have a fixed interest rate or an effectively fixed interest rate due to interest rate swaps.