Company: EGP
Filing Date: 2025-07-23
Form Type: 10-Q
Source: 0000049600-25-000100
Chunk: 89

Company: EASTGROUP PROPERTIES INC
Filing Date: 2025-07-23
Form: 10-Q
Item: Part I, Item 8
Chunk 89
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2028160,000 2029155,000 2030 and beyond735,000        Total unsecured debt, before amortization of debt issuance costs$1,460,000 

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EASTGROUP PROPERTIES, INC. AND SUBSIDIARIESNOTES TO CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)

(11) ACCOUNTS PAYABLE AND ACCRUED EXPENSES

 A summary of the Company’s Accounts payable and accrued expenses follows: June 30,2025December 31,2024 (In thousands)Property taxes payable                                                                                  $55,428 11,528 Development costs payable                                                                                  22,789 16,388 Retainage payable9,818 10,920 Real estate improvements and capitalized leasing costs payable9,419 8,753 Interest payable                                                                                  8,553 8,351 Dividends payable                                                        74,932 74,049 Incentive compensation payable3,956 6,726 Other payables and accrued expenses                                                                                  15,610 10,627  Total Accounts payable and accrued expenses$200,505 147,342 

(12) OTHER LIABILITIES

 A summary of the Company’s Other liabilities follows: June 30,2025December 31,2024 (In thousands)Security deposits                                                                                  $44,893 43,506 Prepaid rent and other deferred income                                                     20,707 24,813 Operating lease liabilities — Ground leases 38,226 39,387 Operating lease liabilities — Office leases1,975 2,269 Acquired below market lease intangibles28,797 29,198      Accumulated amortization of below market lease intangibles(9,512)(6,781)Acquired below market lease intangibles, net of accumulated amortization19,285 22,417 Interest rate swap liabilities2,337 — Other liabilities                                                                                  190 1,636  Total Other liabilities$127,613 134,028 

(13) COMPRE