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REAL ESTATE PROPERTIES (Details) | 3 Months Ended | 9 Months Ended |
--- | --- | --- | ---
Sep. 30, 2023 USD ($) | Sep. 30, 2022 USD ($) | Sep. 30, 2023 USD ($) Integer | Sep. 30, 2022 USD ($) | Dec. 31, 2022 USD ($)
Real Estate Properties [Line Items] |  |  |  |  |  |
Number of Reporting Units | Integer |  |  |  | 1 |  |
Depreciation Expense |  | $ 35,031,000 | $ 32,052,000 | $ 103,567,000 | $ 92,159,000 |
Real Estate Properties |  |  |  |  |  |
Land |  | 808,077,000 |  | 808,077,000 |  | $ 730,445,000
Building and building improvements |  | 3,271,579,000 |  | 3,271,579,000 |  | 3,012,319,000
Tenant and other improvements |  | 678,359,000 |  | 678,359,000 |  | 633,817,000
Right of use assets - Ground leases (operating) | [1] | 18,340,000 |  | 18,340,000 |  | 19,391,000
Development and value-add properties | [2] | 552,461,000 |  | 552,461,000 |  | 538,449,000
Real estate, development and value-add properties |  | 5,328,816,000 |  | 5,328,816,000 |  | 4,934,421,000
Less accumulated depreciation |  | (1,246,312,000) |  | (1,246,312,000) |  | (1,150,814,000)
Real estate, net |  | $ 4,082,504,000 |  | $ 4,082,504,000 |  | $ 3,783,607,000
Building [Member] |  |  |  |  |  |
Real Estate Properties [Line Items] |  |  |  |  |  |
Property, Plant and Equipment, Useful Life |  | 40 years |  | 40 years |  |
Minimum [Member] | Building and Building Improvements |  |  |  |  |  |
Real Estate Properties [Line Items] |  |  |  |  |  |
Property, Plant and Equipment, Useful Life |  | 3 years |  | 3 years |  |
Maximum [Member] | Building and Building Improvements |  |  |  |  |  |
Real Estate Properties [Line Items] |  |  |  |  |  |
Property, Plant and Equipment, Useful Life |  | 15 years |  | 15 years |  |
[1] | EastGroup applies the principles of Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 842, Leases, and its related Accounting Standards Updates (“ASUs”) to account for its ground leases, which are classified as operating leases. The related operating lease liabilities for ground leases are included in Other liabilities on the Consolidated Balance Sheets.
[2] | Value-add properties are defined as properties that are either acquired but not stabilized or can be converted to a higher and better use. Acquired properties meeting either of the following two conditions are considered value-add properties: (1) Less than 75% occupied as of the acquisition date (or will be less than 75% occupied within one year of the acquisition date based on near term lease termination), or (2) 20% or greater of the acquisition cost will be spent to redevelop the property.

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- Definition Amount before accumulated depreciation of building structures held for productive use including addition, improvement, or renovation to the structure, including, but not limited to, interior masonry, interior flooring, electrical, and plumbing. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 360 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482099/360-10-50-1 + Details
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- Definition The current amount of expenditures for a real estate project that has not yet been completed. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 944 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(1)(d)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479440/944-210-S99-1 + Details
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- Definition Amount of lessee's right to use underlying asset under operating lease. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 45 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479041/842-20-45-1 + Details
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- Definition Amount of real estate investment property which may include the following: (1) land available-for-sale; (2) land available-for-development; (3) investments in building and building improvements; (4) tenant allowances; (5) developments in-process; (6) rental properties; and (7) other real estate investments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(1)(d)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479440/944-210-S99-1 + Details
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- Definition Amount of real estate investment property, net of accumulated depreciation, which may include the following: (1) land available-for-sale; (2) land available-for-development; (3) investments in building and building improvements; (4) tenant allowances; (5) developments in-process; (6) rental properties; and (7) other real estate investments. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 944 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(1)(d)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479440/944-210-S99-1 + Details
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