Company: EGP
Filing Date: 2025-10-23
Form Type: 10-Q
Source: 0000049600-25-000109
Chunk: 11

Company: EASTGROUP PROPERTIES INC
Filing Date: 2025-10-23
Form: 10-Q
Item: Part I, Item 1
Chunk 11
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  Accrued income and other assets(11,099)(10,630)Accounts payable, accrued expenses and prepaid rent68,465 65,021 Other                                                                                                       1,848 1,804 NET CASH PROVIDED BY OPERATING ACTIVITIES415,986 362,693 INVESTING ACTIVITIES  Development and value-add properties(242,121)(181,353)Purchases of real estate properties(121,965)(143,585)Real estate improvements(62,648)(49,287)Net proceeds from sales of real estate investments and non-operating real estate3,371 17,397 Leasing commissions(25,978)(24,748)Proceeds from involuntary conversion on real estate assets3,099 2,450 Changes in accrued development costs(1,463)(12,950)Changes in other assets and other liabilities2,547 (4,720)NET CASH USED IN INVESTING ACTIVITIES(445,158)(396,796)FINANCING ACTIVITIES  Proceeds from unsecured bank credit facilities 136,191 55,262 Repayments on unsecured bank credit facilities(91,191)(55,262)Repayments on unsecured debt(70,000)(50,000)Debt issuance costs(116)(3,099)Distributions paid to stockholders (not including dividends accrued)(219,955)(184,030)Proceeds from common stock offerings264,071 254,356 Common stock offering related costs(147)(142)Other(4,229)(6,288)NET CASH PROVIDED BY FINANCING ACTIVITIES14,624 10,797 DECREASE IN CASH AND CASH EQUIVALENTS(14,548)(23,306)CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD17,529 40,263 CASH AND CASH EQUIVALENTS AT END OF PERIOD$2,981 16,957 SUPPLEMENTAL CASH FLOW INFORMATION        Cash paid for interest, net of amounts capitalized of $15,889 and $14,797 for 2025 and 2024,     respectively$17,587 22,631 Cash paid for operating lease liabilities2,690 1,783 

See accompanying Notes to Consolidated Financial Statements