DEBT (Tables)

3 Months Ended

Mar. 31, 2021

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 March 31, 2021, are as follows: 

Years Ending December 31,	(In thousands)
2021 - Remainder of year	$	42,016
2022	107,770
2023	115,119
2024	120,122
2025	145,128
2026 and beyond	666,673
Total	$	1,196,828

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.

	March 31, 2021		December 31, 2020
	(In thousands)
Unsecured bank credit facilities - variable rate, carrying amount	$	92,318	125,000
Unamortized debt issuance costs	(680)		(806)
Unsecured bank credit facilities	91,638		124,194
Unsecured debt - fixed rate, carrying amount (1)	1,160,000		1,110,000
Unamortized debt issuance costs	(2,358)		(2,292)
Unsecured debt	1,157,642		1,107,708
Secured debt - fixed rate, carrying amount (1)	36,828		79,096
Unamortized debt issuance costs	(45)		(103)
Secured debt	36,783		78,993
Total debt	$	1,286,063	1,310,895

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