Company: EGP
Filing Date: 2025-07-23
Form Type: 10-Q
Source: 0000049600-25-000100
Chunk: 12

Company: EASTGROUP PROPERTIES INC
Filing Date: 2025-07-23
Form: 10-Q
Item: Part I, Item 1
Chunk 12
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 expense6,535 5,751 Gain on sales of real estate investments— (8,751)Gain on sales of non-operating real estate— (222)Gain on involuntary conversion and business interruption claims(1,763)(1,708)Changes in operating assets and liabilities:  Accrued income and other assets3,700 (9,820)Accounts payable, accrued expenses and prepaid rent39,014 48,621 Other                                                                                                       1,313 1,099 NET CASH PROVIDED BY OPERATING ACTIVITIES277,081 239,761 INVESTING ACTIVITIES  Development and value-add properties(158,709)(122,898)Purchases of real estate properties— (107,804)Real estate improvements(44,002)(34,871)Net proceeds from sales of real estate investments and non-operating real estate3,371 17,397 Leasing commissions(17,451)(16,517)Proceeds from involuntary conversion on real estate assets3,099 2,450 Changes in accrued development costs5,299 (9,205)Changes in other assets and other liabilities495 468 NET CASH USED IN INVESTING ACTIVITIES(207,898)(270,980)FINANCING ACTIVITIES  Proceeds from unsecured bank credit facilities 22,851 31,863 Repayments on unsecured bank credit facilities(22,851)(31,863)Repayments on unsecured debt(50,000)— Debt issuance costs(103)(3,086)Distributions paid to stockholders (not including dividends accrued)(146,299)(122,337)Proceeds from common stock offerings147,006 162,111 Common stock offering related costs(96)(107)Other(4,299)(6,225)NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES(53,791)30,356 INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS15,392 (863)CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD17,529 40,263 CASH AND CASH EQUIVALENTS AT END OF PERIOD$32,921 39,400 SUPPLEMENTAL CASH FLOW INFORMATION        Cash paid for interest, net of