UNSECURED BANK CREDIT FACILITIES (Details) |
12 Months Ended | ||
|---|---|---|---|
|
Dec. 31, 2025
USD ($)
basisPoints
Integer
|
Dec. 31, 2024
USD ($)
|
Dec. 31, 2023
USD ($)
|
|
| Line of Credit Facility [Line Items] | |||
| Unsecured bank credit facilities - variable rate, carrying amount | $ 16,249,000 | $ (3,595,000) | |
| Unamortized debt issuance costs | $ (2,596,000) | $ (3,595,000) | |
| Weighted average interest rates (in hundredths) | 4.90% | 6.25% | 5.68% |
| Unsecured bank credit facilities - carrying amount | $ 18,845,000 | $ 0 | |
| Amortization of facility fees | 960,000 | 1,012,000 | $ 1,005,000 |
| Amortization of Debt Issuance Costs | 1,865,000 | 1,914,000 | 1,943,000 |
| Average bank borrowings | 26,822,000 | 1,776,000 | 49,384,000 |
| Working Cash Line of Credit | |||
| Line of Credit Facility [Line Items] | |||
| Unsecured bank credit facilities - variable rate, carrying amount | 18,845,000 | ||
| Line of Credit Facility, Maximum Borrowing Capacity | $ 50,000,000 | ||
| Line of Credit Facility, Expiration Date | Jul. 31, 2028 | ||
| Credit facility, extension option | two six-month extensions | ||
| Line of Credit Facility, Interest Rate at Period End | 4.545% | ||
| Debt Instrument, Covenant Description | In May 2025, Moody's Ratings affirmed EastGroup's issuer rating of Baa2 and changed its rating outlook from stable to positive. Given the strength of the Company’s key credit metrics, initial pricing for the credit facilities is based on the BBB+/Baa1 credit ratings level. This favorable pricing level will be retained provided that the Company’s consolidated leverage ratio, as defined in the applicable agreements, remains less than 32.5% | ||
| Amortization of Debt Issuance Costs | $ 1,058,000 | $ 1,036,000 | $ 1,003,000 |
| Debt Instrument, Covenant Compliance | The Company’s unsecured bank credit facilities have certain restrictive covenants, such as maintaining minimum debt service coverage and leverage ratios and maintaining insurance coverage, and the Company was in compliance with all of its financial debt covenants at December 31, 2025 and 2024. | ||
| Basis spread | basisPoints | 77.5 | ||
| Line of credit, facility fee (in basis points) | basisPoints | 15 | ||
| Reduction in interest rate, basis points | 10 | ||
| Revolving Credit Facility | |||
| Line of Credit Facility [Line Items] | |||
| Unsecured bank credit facilities - variable rate, carrying amount | $ 0 | ||
| Line of Credit Facility, Maximum Borrowing Capacity | $ 625,000,000 | ||
| Banks included in the unsecured revolving credit facility group | Integer | 10 | ||
| Credit facility, extension option | two six-month extensions | ||
| Line of Credit Facility, Interest Rate at Period End | 4.451% | ||
| Letters of Credit Outstanding, Amount | $ 2,588,000 | ||
| Debt Instrument, Maturity Date | Jul. 31, 2028 | ||
| Line of credit facility, accordion | $ 625,000,000 | ||
| Basis spread | basisPoints | 73.5 | ||
| Line of credit, facility fee (in basis points) | basisPoints | 14 | ||
| Sustainability pricing component, description | The $625,000,000 facility also includes a sustainability-linked pricing component, pursuant to which the applicable interest rate margin is adjusted if the Company meets a certain sustainability performance target. This sustainability metric is evaluated annually, allowing the interest rate to be adjusted in the following year. The margin on the facility can be decreased or increased by up to four basis points and the facility fee can be decreased or increased by up to one basis point. | ||