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DEBT (Tables) | 9 Months Ended
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Sep. 30, 2018
Debt Instrument [Line Items] |
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, 2018 |  | December 31, 2017
| (In thousands)
Unsecured bank credit facilities - variable rate, carrying amount | $ | 171,191 |  |  | 116,339 |
Unsecured bank credit facilities - fixed rate, carrying amount (1) (2) | — |  |  | 80,000 |
Unamortized debt issuance costs | (1,930 | ) |  | (630 | )
Unsecured bank credit facilities | 169,261 |  |  | 195,709 |
Unsecured debt - fixed rate, carrying amount (1) | 725,000 |  |  | 715,000 |
Unamortized debt issuance costs | (1,700 | ) |  | (1,939 | )
Unsecured debt | 723,300 |  |  | 713,061 |
Secured debt - fixed rate, carrying amount (1) | 191,923 |  |  | 200,354 |
Unamortized debt issuance costs | (631 | ) |  | (842 | )
Secured debt | 191,292 |  |  | 199,512 |
Total debt | $ | 1,083,853 |  |  | 1,108,282 |
(1) | These loans have a fixed interest rate or an effectively fixed interest rate due to interest rate swaps.
(2) | The Company had designated an interest rate swap to an $80 million unsecured bank credit facility draw that effectively fixed the interest rate on the $80 million draw to 2.020% through the interest rate swap's maturity date. This swap matured on August 15, 2018, and the $80 million draw has reverted to the variable interest rate associated with the Company's unsecured bank credit facilities.
Principal payments due during the next five years | Scheduled principal payments on long-term debt, including Unsecured debt and Secured debt (not including Unsecured bank credit facilities), as of September 30, 2018, are as follows:
Years Ending December 31, |  | (In thousands)
Remainder of 2018 |  | $ | 2,882 |
2019 |  | 130,570 |
2020 |  | 114,096 |
2021 |  | 129,563 |
2022 |  | 107,769 |
2023 and beyond |  | 432,043 |
Total |  | $ | 916,923 |

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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
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- Definition Tabular disclosure of the combined aggregate amount of maturities and sinking fund requirements for all long-term borrowings for each of the five years following the date of the latest balance sheet date presented. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6802200&loc=d3e1835-112601 + Details
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