DEBT (Tables)

6 Months Ended

Jun. 30, 2020

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 June 30, 2020, are as follows: 

Years Ending December 31,	(In thousands)
2020 - Remainder of year	$	109,572
2021	129,562
2022	107,770
2023	115,119
2024	120,122
2025 and beyond	586,802
Total	$	1,168,947

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.

	June 30, 2020			December 31, 2019
	(In thousands)
Unsecured bank credit facilities - variable rate, carrying amount	$	67,038		112,710
Unamortized debt issuance costs	(1,061		)	(1,316	)
Unsecured bank credit facilities	65,977			111,394
Unsecured debt - fixed rate, carrying amount (1)	1,040,000			940,000
Unamortized debt issuance costs	(2,146		)	(1,885	)
Unsecured debt	1,037,854			938,115
Secured debt - fixed rate, carrying amount (1)	128,947			133,422
Unamortized debt issuance costs	(214		)	(329	)
Secured debt	128,733			133,093
Total debt	$	1,232,564		1,182,602

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