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REAL ESTATE PROPERTIES - Sales of Real Estate (Details) $ in Thousands | 12 Months Ended
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Dec. 31, 2022 USD ($) ft² | Dec. 31, 2021 USD ($) ft² | Dec. 31, 2020 USD ($) ft²
Real Estate Properties Sold |  |  |  |
Right of Use Liability, Ground Lease |  | $ 19,906 | $ 22,898 |
2022 Dispositions |  |  |  |
Real Estate Properties Sold |  |  |  |
Net Sales Price |  | 51,006 |  |
Basis |  | 10,007 |  |
Recognized Gain |  | $ 40,999 |  |
2021 Dispositions |  |  |  |
Real Estate Properties Sold |  |  |  |
Net Sales Price |  |  | 44,260 |
Basis |  |  | 5,401 |
Recognized Gain |  |  | $ 38,859 |
2020 Dispositions |  |  |  |
Real Estate Properties Sold |  |  |  |
Net Sales Price |  |  |  | $ 20,510
Basis |  |  |  | 7,365
Recognized Gain |  |  |  | $ 13,145
University Business Center 120 [Member] |  |  |  |
Real Estate Properties Sold |  |  |  |
Less Than Wholly Owned Joint Venture Investment Ownership Percentage |  |  |  | 80.00%
Less Than Wholly Owned Joint Venture Investment Ownership Percentage Sold |  |  |  | 80.00%
Metro Business Park [Member] | 2022 Dispositions |  |  |  |
Real Estate Properties Sold |  |  |  |
Size (square feet) | ft² |  | 189,000 |  |
Date Sold |  | Jan. 06, 2022 |  |
Net Sales Price |  | $ 32,851 |  |
Basis |  | 5,880 |  |
Recognized Gain |  | $ 26,971 |  |
Cypress Creek Business Park [Member] | 2022 Dispositions |  |  |  |
Real Estate Properties Sold |  |  |  |
Size (square feet) | ft² | [1] | 56,000 |  |
Date Sold | [1] | Mar. 31, 2022 |  |
Net Sales Price | [1] | $ 5,282 |  |
Basis | [1] | 1,901 |  |
Recognized Gain | [1] | 3,381 |  |
Right of Use Asset, Ground Lease |  | 1,745 |  |
Right of Use Liability, Ground Lease |  | $ 1,745 |  |
World Houston 15 East | 2022 Dispositions |  |  |  |
Real Estate Properties Sold |  |  |  |
Size (square feet) | ft² |  | 42,000 |  |
Date Sold |  | May 11, 2022 |  |
Net Sales Price |  | $ 12,873 |  |
Basis |  | 2,226 |  |
Recognized Gain |  | $ 10,647 |  |
Jetport Commerce Park [Member] | 2021 Dispositions |  |  |  |
Real Estate Properties Sold |  |  |  |
Size (square feet) | ft² |  |  | 284,000 |
Date Sold |  |  | Nov. 09, 2021 |
Net Sales Price |  |  | $ 44,260 |
Basis |  |  | 5,401 |
Recognized Gain |  |  | $ 38,859 |
University Business Center 120 [Member] | 2020 Dispositions |  |  |  |
Real Estate Properties Sold |  |  |  |
Size (square feet) | ft² | [2] |  |  | 46,000
Date Sold | [2] |  |  | Dec. 01, 2020
Net Sales Price | [2] |  |  | $ 10,342
Basis | [2] |  |  | 4,007
Recognized Gain | [2] |  |  | $ 6,335
Central Green Distribution Center [Member] | 2020 Dispositions |  |  |  |
Real Estate Properties Sold |  |  |  |
Size (square feet) | ft² |  |  |  | 80,000
Date Sold |  |  |  | Dec. 23, 2020
Net Sales Price |  |  |  | $ 10,168
Basis |  |  |  | 3,358
Recognized Gain |  |  |  | $ 6,810
[1] | Cypress Creek Business Park is located on a ground lease. In conjunction with the sale of the property, the Company fully amortized the associated right-of-use asset and liability of $1,745,000.
[2] | EastGroup owned 80% of University Business Center 120 through a joint venture partnership. EastGroup sold its 80% share of the joint venture, and the partnership was dissolved. The information shown for this transaction represents EastGroup’s 80% ownership.

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