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EQUITY OFFERINGS (Details) - USD ($) $ / shares in Units, $ in Thousands | 3 Months Ended | 6 Months Ended | 12 Months Ended
--- | --- | --- | ---
Jun. 30, 2024 | Mar. 31, 2024 | Jun. 30, 2023 | Mar. 31, 2023 | Jun. 30, 2024 | Dec. 31, 2023
Equity Offerings [Line Items] |  |  |  |  |  |  |  |  |  |
Issuance of shares of common stock |  | 639,299 |  | 272,342 |  | 1,065,678 | 652,909 |  |  |
Forward Equity Offering Activity [Roll Forward] |  |  |  |  |  |  |  |  |  |
Forward Sale Agreements Outstanding |  | 600,053 |  | 420,370 |  |  |  | 600,053 |  | 406,041
Forward Sale Agreements Outstanding, price per share |  | $ 166.65 |  | $ 182.79 |  |  |  | $ 166.65 |  | $ 183.92
Forward Sale Agreements Outstanding, value |  | $ 100,000 |  | $ 76,839 |  |  |  | $ 100,000 |  | $ 74,679
Forward sale agreements settled, shares |  | (420,370) | [1] | (272,342) | [2] |  |  |  |  |
Forward sale agreements settled, price per share |  | $ 182.79 | [1] | $ 183.59 | [2] |  |  |  |  |
Forward sale agreements settled, gross proceeds |  | $ (76,839) | [1] | $ (50,000) | [2] |  |  |  |  |
Forward sale agreements settled, net proceeds |  | $ 76,200 |  | $ 49,364 |  |  |  |  |  |
New forward sale agreements, shares | [3] | 600,053 |  | 286,671 |  |  |  |  |  |
New forward sale agreements, price per share | [3] | $ 166.65 |  | $ 181.95 |  |  |  |  |  |
New forward sale agreements, value | [3] | $ 100,000 |  | $ 52,160 |  |  |  |  |  |
ATM Program - December 2022 |  |  |  |  |  |  |  |  |  |
Equity Offerings [Line Items] |  |  |  |  |  |  |  |  |  |
At-the-market program, maximum aggregate gross sales price |  |  |  |  |  |  |  |  |  | 750,000
Gross Proceeds from Issuance of Common Stock |  |  |  |  |  |  |  |  |  | $ 464,305
ATM Program - October 2023 |  |  |  |  |  |  |  |  |  |
Equity Offerings [Line Items] |  |  |  |  |  |  |  |  |  |
At-the-market program, maximum aggregate gross sales price |  |  |  |  |  |  |  | $ 750,000 |  |
Direct common stock issuances |  |  |  |  |  |  |  |  |  |
Equity Offerings [Line Items] |  |  |  |  |  |  |  |  |  |
Issuance of shares of common stock | [5] | 218,929 | [4] | 0 |  |  |  | 218,929 | [4] | 4,094,896
Sale of stock, weighted average price per share |  | $ 168.62 | [4] | $ 0 |  |  |  | $ 168.62 | [4] | $ 170.77
Gross Proceeds from Issuance of Common Stock |  | $ 36,916 | [4] | $ 0 |  |  |  | $ 36,916 | [4] | $ 699,304
Net proceeds from issuance of common stock |  | $ 36,547 | [4] | $ 0 |  |  |  | $ 36,547 | [4] | $ 692,312
[1] | EastGroup settled outstanding forward equity sale agreements by issuing 420,370 shares of common stock in exchange for net proceeds of approximately $76,200,000.
[2] | EastGroup settled outstanding forward equity sale agreements by issuing 272,342 shares of common stock in exchange for net proceeds of approximately $49,364,000.
[3] | The Company did not receive any proceeds from the sale of common shares by the forward counterparties at the time it entered into forward sale agreements.
[4] | Excludes 77,650 shares sold on June 28, 2024, at a weighted average price of $168.63, providing net proceeds to the Company of $12,963,000. These shares were not deemed to be issued and outstanding until settlement, subsequent to June 30, 2024, as disclosed in Note 22.
[5] | Excludes shares of common stock sold on a forward basis as described below.

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