EASTGROUP PROPERTIES INC
For the period ended Dec 31, 2024. Filed Feb 12, 2025.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Feb 12, 2025
EGP$198.58-0.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets – December 31, 2024 and 2023
CONSOLIDATED BALANCE SHEETS
| December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| (In thousands, except share and per share data) | ||
| ASSETS | ||
| Real estate properties | $5,503,444 | 4,853,548 |
| Development and value-add properties | 674,472 | 639,647 |
| 6,177,916 | 5,493,195 | |
| Less accumulated depreciation | (1,415,576) | (1,273,723) |
| 4,762,340 | 4,219,472 | |
| Unconsolidated investment | 7,448 | 7,539 |
| Cash and cash equivalents | 17,529 | 40,263 |
| Other assets | 290,159 | 251,939 |
| TOTAL ASSETS | $5,077,476 | 4,519,213 |
| LIABILITIES AND EQUITY | ||
| LIABILITIES | ||
| Unsecured bank credit facilities, net of debt issuance costs | $(3,595) | (1,520) |
| Unsecured debt, net of debt issuance costs | 1,507,157 | 1,676,347 |
| Accounts payable and accrued expenses | 147,342 | 146,337 |
| Other liabilities | 134,028 | 89,415 |
| Total Liabilities | 1,784,932 | 1,910,579 |
| EQUITY | ||
| Stockholders’ Equity: | ||
| Common stock; $0.0001 par value; 70,000,000 shares authorized; 51,825,798 shares issued and outstanding at December 31, 2024 and 47,700,432 at December 31, 2023 | 5 | 5 |
| Excess shares; $0.0001 par value; 30,000,000 shares authorized; no shares issued | — | — |
| Additional paid-in capital | 3,673,393 | 2,949,907 |
| Distributions in excess of earnings | (403,172) | (366,473) |
| Accumulated other comprehensive income | 21,953 | 24,888 |
| Total Stockholders’ Equity | 3,292,179 | 2,608,327 |
| Noncontrolling interest in joint ventures | 365 | 307 |
| Total Equity | 3,292,544 | 2,608,634 |
| TOTAL LIABILITIES AND EQUITY | $5,077,476 | 4,519,213 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.