EastGroup Properties (EGP) 10-K 16 Feb 22 2021 FY Annual report Financial data

Cover Page

Cover Page - USD ($)	12 Months Ended
	Dec. 31, 2021	Feb. 15, 2022	Jun. 30, 2021
Cover [Abstract]
Document Type	10-K
Document Annual Report	true
Document Period End Date	Dec. 31, 2021
Document Transition Report	false
Entity File Number	1-07094
Entity Registrant Name	EASTGROUP PROPERTIES, INC.
Entity Incorporation, State or Country Code	MD
Entity Tax Identification Number	13-2711135
Entity Address, Address Line One	400 W Parkway Place
Entity Address, Address Line Two	Suite 100
Entity Address, Postal Zip Code	39157
City Area Code	601
Local Phone Number	354-3555
Title of 12(b) Security	Common stock, $0.0001 par value per share
Trading Symbol	EGP
Security Exchange Name	NYSE
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
ICFR Auditor Attestation Flag	true
Entity Public Float			$ 6,541,518,905
Entity Common Stock, Shares Outstanding		41,249,445
Documents Incorporated by Reference	Portions of the Registrant’s Proxy Statement relating to its 2022 Annual Meeting of Stockholders are incorporated by reference into Part III. The Registrant intends to file such Proxy Statement with the Securities and Exchange Commission not later than 120 days after the end of the fiscal year ended December 31, 2021.
Amendment Flag	false
Entity Central Index Key	0000049600
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	FY
Entity Address, City or Town	Ridgeland,
Entity Address, State or Province	MS

Audit Information

Audit Information	12 Months Ended
	Dec. 31, 2021
Auditor [Line Items]
Auditor Name	KPMG LLP
Auditor Location	Jackson, MS
Auditor Firm ID	185

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($)	Dec. 31, 2021	Dec. 31, 2020
ASSETS
Real estate properties	$ 3,546,711,000	$ 3,159,497,000
Development and value-add properties	504,614,000	359,588,000
Total real estate properties acquired	4,051,325,000	3,519,085,000
Less accumulated depreciation	(1,035,617,000)	(955,328,000)
Real estate, net	3,015,708,000	2,563,757,000
Real estate assets held for sale	5,695,000	0
Unconsolidated investment	7,320,000	7,446,000
Cash	4,393,000	21,000
Other assets	182,220,000	149,579,000
TOTAL ASSETS	3,215,336,000	2,720,803,000
LIABILITIES
Unsecured bank credit facilities, net of debt issuance costs	207,066,000	124,194,000
Unsecured debt, net of debt issuance costs	1,242,570,000	1,107,708,000
Secured debt, net of debt issuance costs	2,142,000	78,993,000
Accounts payable and accrued expenses	109,760,000	69,573,000
Other liabilities	82,338,000	69,817,000
Total Liabilities	1,643,876,000	1,450,285,000
Stockholders’ Equity:
Common shares; $.0001 par value; 70,000,000 shares authorized; 41,268,846 shares issued and outstanding at December 31, 2021 and 39,676,828 at December 31, 2020	4,000	4,000
Excess shares; $0.0001 par value; 30,000,000 shares authorized;     no shares issued	0	0
Additional paid-in capital	1,886,820,000	1,610,053,000
Distributions in excess of earnings	(318,056,000)	(329,667,000)
Accumulated Other Comprehensive Income (loss)	1,302,000	(10,752,000)
Total Stockholders’ Equity	1,570,070,000	1,269,638,000
Noncontrolling interest in joint ventures	1,390,000	880,000
Total Equity	1,571,460,000	1,270,518,000
TOTAL LIABILITIES AND EQUITY	$ 3,215,336,000	$ 2,720,803,000
Common shares, par value (in dollars per share)	$ 0.0001	$ 0.0001
Common shares, authorized	70,000,000	70,000,000
Common shares, issued	41,268,846	39,676,828
Common shares, outstanding	41,268,846	39,676,828
Excess shares, par value	$ 0.0001	$ 0.0001
Excess shares, authorized	30,000,000	30,000,000
Excess shares, issued	0	0

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
REVENUES
Income from real estate operations	$ 409,412	$ 362,669	$ 330,813
Other revenue	63	354	574
Revenues	409,475	363,023	331,387
EXPENSES
Expenses from real estate operations	115,078	103,368	93,274
Depreciation and amortization	127,099	116,359	104,724
General and administrative	15,704	14,404	16,406
Indirect leasing costs	700	661	411
Expenses	258,581	234,792	214,815
OTHER INCOME (EXPENSE)
Interest expense	(32,945)	(33,927)	(34,463)
Gain on Sales of Real Estate Investments	38,859	13,145	41,068
Other	830	942	163
Net income	157,638	108,391	123,340
Net income attributable to noncontrolling interest in joint ventures	(81)	(28)	(1,678)
NET INCOME ATTRIBUTABLE TO EASTGROUP PROPERTIES, INC. COMMON STOCKHOLDERS	157,557	108,363	121,662
Other comprehensive income (loss) – interest rate swaps	12,054	(13,559)	(3,894)
TOTAL COMPREHENSIVE INCOME	$ 169,611	$ 94,804	$ 117,768
BASIC PER COMMON SHARE DATA FOR NET INCOME ATTRIBUTABLE TO EASTGROUP PROPERTIES, INC. COMMON STOCKHOLDERS
Net income attributable to common stockholders	$ 3.91	$ 2.77	$ 3.25
Weighted average shares outstanding	40,255	39,185	37,442
DILUTED PER COMMON SHARE DATA FOR NET INCOME ATTRIBUTABLE TO EASTGROUP PROPERTIES, INC. COMMON STOCKHOLDERS
Net income attributable to common stockholders	$ 3.90	$ 2.76	$ 3.24
Weighted average shares outstanding	40,377	39,296	37,527

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)	Total	Common Stock	Additional Paid-in Capital	Distributions In Excess Of Earnings	Accumulated Other Comprehensive Income (Loss)	Noncontrolling Interest in Joint Ventures
BALANCE at Dec. 31, 2018	$ 904,703,000	$ 4,000	$ 1,222,547,000	$ (326,193,000)	$ 6,701,000	$ 1,644,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	123,340,000	0	0	121,662,000	0	1,678,000
Net unrealized change in fair value of interest rate swaps	(3,894,000)	0	0	0	(3,894,000)	0
Common dividends declared - $2.94, $3.08, and $3.58 per share in 2019, 2020, and 2021 respectively	(111,771,000)	0	0	(111,771,000)	0	0
Stock-based compensation, net of forfeitures	9,374,000	0	9,374,000	0	0	0
Issuance of 2,388,342, 709,924, and 1,551,181 shares of common stock, common stock offering, net of expenses in 2019, 2020, and 2021 respectively	284,710,000	0	284,710,000	0	0	0
Issuance of 1,893, zero, and zero shares of common stock, dividend reinvestment plan in 2019, 2020, and 2021 respectively	212,000	0	212,000	0	0	0
Withheld 28,955, 36,445, and 30,252 shares of common stock to satisfy tax withholding obligations in connection with the vesting of restricted stock in 2019, 2020, and 2021 respectively	(2,788,000)	0	(2,788,000)	0	0	0
Contributions from noncontrolling interest	821,000	0	0	0	0	821,000
Net distributions to noncontrolling interest	(2,378,000)	0	0	0	0	(2,378,000)
BALANCE at Dec. 31, 2019	$ 1,202,329,000	4,000	1,514,055,000	(316,302,000)	2,807,000	1,765,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Common stock offerings (in shares)	2,388,342
Withheld Shares Of Common Stock To Satisfy Tax Withholding Obligations In Connection With Vesting Of Restricted Stock Shares	28,955
Common dividends declared - per share (in dollars per share)	$ 2.94
Dividend reinvestment plan (in shares)	1,893
Net income	$ 108,391,000	0	0	108,363,000	0	28,000
Net unrealized change in fair value of interest rate swaps	(13,559,000)	0	0	0	(13,559,000)	0
Common dividends declared - $2.94, $3.08, and $3.58 per share in 2019, 2020, and 2021 respectively	(121,728,000)	0	0	(121,728,000)	0	0
Stock-based compensation, net of forfeitures	8,502,000	0	8,502,000	0	0	0
Issuance of 2,388,342, 709,924, and 1,551,181 shares of common stock, common stock offering, net of expenses in 2019, 2020, and 2021 respectively	92,663,000	0	92,663,000	0	0	0
Withheld 28,955, 36,445, and 30,252 shares of common stock to satisfy tax withholding obligations in connection with the vesting of restricted stock in 2019, 2020, and 2021 respectively	(4,939,000)	0	(4,939,000)	0	0	0
Contributions from noncontrolling interest	20,000	0	0	0	0	20,000
Net distributions to noncontrolling interest	(115,000)	0	0	0	0	(115,000)
Sale of noncontrolling interest in joint ventures	(1,046,000)	0	(228,000)	0	0	(818,000)
BALANCE at Dec. 31, 2020	$ 1,270,518,000	4,000	1,610,053,000	(329,667,000)	(10,752,000)	880,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Common stock offerings (in shares)	709,924
Withheld Shares Of Common Stock To Satisfy Tax Withholding Obligations In Connection With Vesting Of Restricted Stock Shares	36,445
Common dividends declared - per share (in dollars per share)	$ 3.08
Net income	$ 157,638,000	0	0	157,557,000	0	81,000
Net unrealized change in fair value of interest rate swaps	12,054,000	0	0	0	12,054,000	0
Common dividends declared - $2.94, $3.08, and $3.58 per share in 2019, 2020, and 2021 respectively	(145,946,000)	0	0	(145,946,000)	0	0
Stock-based compensation, net of forfeitures	9,847,000	0	9,847,000	0	0	0
Issuance of 2,388,342, 709,924, and 1,551,181 shares of common stock, common stock offering, net of expenses in 2019, 2020, and 2021 respectively	271,155,000	0	271,155,000	0	0	0
Withheld 28,955, 36,445, and 30,252 shares of common stock to satisfy tax withholding obligations in connection with the vesting of restricted stock in 2019, 2020, and 2021 respectively	(4,240,000)	0	(4,240,000)	0	0	0
Contributions from noncontrolling interest	584,000	0	0	0	0	584,000
Net distributions to noncontrolling interest	(150,000)	0	5,000	0	0	(155,000)
BALANCE at Dec. 31, 2021	$ 1,571,460,000	$ 4,000	$ 1,886,820,000	$ (318,056,000)	$ 1,302,000	$ 1,390,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Common stock offerings (in shares)	1,551,181
Withheld Shares Of Common Stock To Satisfy Tax Withholding Obligations In Connection With Vesting Of Restricted Stock Shares	30,252
Common dividends declared - per share (in dollars per share)	$ 3.58

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
OPERATING ACTIVITIES
Net income	$ 157,638,000	$ 108,391,000	$ 123,340,000
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	127,099,000	116,359,000	104,724,000
Stock-based compensation expense	7,511,000	6,579,000	6,838,000
Gain on sales of real estate investments	(38,859,000)	(13,145,000)	(41,068,000)
Gain on casualties and involuntary conversion on real estate assets	0	(161,000)	(180,000)
Changes in operating assets and liabilities:
Accrued income and other assets	(11,572,000)	(4,615,000)	(5,558,000)
Accounts payable, accrued expenses and prepaid rent	13,298,000	(18,851,000)	6,514,000
Other	1,377,000	1,728,000	1,302,000
NET CASH PROVIDED BY OPERATING ACTIVITIES	256,492,000	196,285,000	195,912,000
INVESTING ACTIVITIES
Development and value-add properties	(418,855,000)	(195,446,000)	(318,288,000)
Purchases of real estate	(108,149,000)	(49,199,000)	(142,712,000)
Real estate improvements	(36,665,000)	(33,131,000)	(37,775,000)
Net proceeds from sales of real estate investments and non-operating real estate	44,260,000	21,565,000	66,737,000
Leasing commissions	(33,301,000)	(17,516,000)	(19,194,000)
Proceeds from casualties and involuntary conversion on real estate assets	0	242,000	723,000
Repayments on mortgage loans receivable	0	1,679,000	915,000
Changes in accrued development costs	21,678,000	(5,339,000)	(3,644,000)
Changes in other assets and other liabilities	1,769,000	(11,111,000)	9,901,000
NET CASH USED IN INVESTING ACTIVITIES	(529,263,000)	(288,256,000)	(443,337,000)
FINANCING ACTIVITIES
Proceeds from unsecured bank credit facilities	625,520,000	625,387,000	932,658,000
Repayments on unsecured bank credit facilities	(541,310,000)	(613,097,000)	(1,015,678,000)
Proceeds from unsecured debt	175,000,000	275,000,000	290,000,000
Repayments on unsecured debt	(40,000,000)	(105,000,000)	(75,000,000)
Repayments on secured debt	(76,920,000)	(54,306,000)	(55,593,000)
Debt issuance costs	(2,678,000)	(1,090,000)	(893,000)
Distributions paid to stockholders (not including dividends accrued)	(131,759,000)	(119,765,000)	(108,795,000)
Proceeds from common stock offerings	273,097,000	90,721,000	284,710,000
Proceeds from dividend reinvestment plan	0	0	212,000
Other	(3,807,000)	(6,082,000)	(4,346,000)
NET CASH PROVIDED BY FINANCING ACTIVITIES	277,143,000	91,768,000	247,275,000
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	4,372,000	(203,000)	(150,000)
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR	21,000	224,000	374,000
CASH AND CASH EQUIVALENTS AT END OF YEAR	4,393,000	21,000	224,000
SUPPLEMENTAL CASH FLOW INFORMATION
Cash paid for interest, net of amount capitalized of $9,028, $9,651, and $8,453 for 2021, 2020, and 2019, respectively	31,658,000	32,362,000	30,839,000
Cash paid for interest, net of amount capitalized	9,028,000	9,651,000	8,453,000
Cash paid for operating lease liabilities	1,707,000	1,476,000	1,314,000
NON-CASH OPERATING ACTIVITY
Operating lease liabilities arising from obtaining right of use assets	$ 13,056,000	$ 495,000	$ 15,435,000

SIGNIFICANT ACCOUNTING POLICIES

SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 2021
Accounting Policies [Abstract]
SIGNIFICANT ACCOUNTING POLICIES	SIGNIFICANT ACCOUNTING POLICIES (a) Principles of Consolidation The consolidated financial statements include the accounts of EastGroup Properties, Inc. (“EastGroup” or “the Company”), its wholly owned subsidiaries and its investment in any joint ventures in which the Company has a controlling interest. As of December 31, 2021 and 2020, EastGroup held a controlling interest in two joint venture arrangements. In 2019, the Company acquired 6.5 acres of land in San Diego, known by the Company as the Miramar land. Also in 2019, the Company acquired 41.6 acres of land in San Diego, known by the Company as the Otay Mesa land. During the year ended December 31, 2021, EastGroup began construction of a 519,000 square foot building on the Otay Mesa land, known by the Company as Speed Distribution Center. As of both December 31, 2021 and 2020, EastGroup had a 95% controlling interest in the Miramar land and a 99% controlling interest in Speed Distribution Center. The Company records 100% of the assets, liabilities, revenues and expenses of the properties held in joint ventures with the noncontrolling interests provided for in accordance with the joint venture agreements. The equity method of accounting is used for the Company’s 50% undivided tenant-in-common interest in Industry Distribution Center II. All significant intercompany transactions and accounts have been eliminated in consolidation. (b) Income Taxes EastGroup, a Maryland corporation, has qualified as a real estate investment trust (“REIT”) under Sections 856-860 of the Internal Revenue Code and intends to continue to qualify as such. To maintain its status as a REIT, the Company is required to, among other things, distribute at least 90% of its ordinary taxable income to its stockholders. If the Company has a capital gain, it has the option of (i) deferring recognition of the capital gain through a tax-deferred exchange, (ii) declaring and paying a capital gain dividend on any recognized net capital gain resulting in no corporate level tax, or (iii) retaining and paying corporate income tax on its net long-term capital gain, with the shareholders reporting their proportional share of the undistributed long-term capital gain and receiving a credit or refund of their share of the tax paid by the Company. The Company distributed all of its 2021, 2020 and 2019 taxable income to its stockholders. Accordingly, no significant provisions for income taxes were necessary. The Company’s income tax treatment of share distributions is based on its taxable income, calculated in accordance with the Internal Revenue Code, which differs from U.S. generally accepted accounting principles (“GAAP”). The following table summarizes the federal income tax treatment for all distributions by the Company for the years ended 2021, 2020 and 2019. Federal Income Tax Treatment of Share Distributions Years Ended December 31, 2021 2020 2019 Common Share Distributions: (Per share) Ordinary dividends $ 3.61656 3.32868 3.14000 Nondividend distributions — — — Unrecaptured Section 1250 capital gain — — — Other capital gain — — — Total Common Share Distributions $ 3.61656 3.32868 3.14000 EastGroup applies the principles of Financial Accounting Standards Board “FASB” Accounting Standards Codification “ASC” 740, Income Taxes, when evaluating and accounting for uncertainty in income taxes. With few exceptions, the Company’s 2017 and earlier tax years are closed for examination by U.S. federal, state and local tax authorities. In accordance with the provisions of ASC 740, the Company had no significant uncertain tax positions as of December 31, 2021 and 2020. (c) Income Recognition The Company’s primary revenue is rental income from business distribution space. Minimum rental income from real estate operations is recognized on a straight-line basis. The straight-line rent calculation on leases includes the effects of rent concessions and scheduled rent increases, and the calculated straight-line rent income is recognized over the lives of the individual leases. The Company maintains allowances for doubtful accounts receivable, including straight-line rents receivable, based upon estimates determined by management. Management specifically analyzes aged receivables, customer credit- worthiness and current economic trends when evaluating the adequacy of the allowance for doubtful accounts. Reserves for uncollectible accounts are recorded as a reduction to revenue. Revenue is recognized on payments received from tenants for early terminations after all criteria have been met in accordance with ASC 842, Leases. The Company’s primary revenue is rental income; as such, the Company is a lessor on a significant number of leases. Effective January 1, 2019, the Company adopted ASC 842, Leases , and applied its provisions on a prospective basis. The Company continued to account for its leases in substantially the same manner. The most significant changes for the Company related to lessor accounting include: (i) the new standard’s narrow definition of initial direct costs for leases, and (ii) the guidance applicable to recording uncollectible rents, as discussed in the following paragraphs. Initial direct costs (primarily legal costs related to lease negotiations) are expensed rather than capitalized. EastGroup recorded Indirect leasing costs of $700,000, $661,000 and $411,000 on the Consolidated Statements of Income and Comprehensive Income during the years ended December 31, 2021, 2020 and 2019, respectively. As permitted by ASC 842, Leases , EastGroup made an accounting policy election by class of underlying asset to not separate non-lease components (such as common area maintenance) of a contract from the lease component to which they relate when specific criteria are met. The Company believes its leases meet the criteria. The table below presents the components of Income from real estate operations for the years ended December 31, 2021, 2020 and 2019: Years Ended December 31, 2021 2020 2019 (In thousands) Lease income — operating leases $ 306,658 271,094 248,237 Variable lease income (1) 102,754 91,575 82,576 Income from real estate operations $ 409,412 362,669 330,813 (1) Primarily includes tenant reimbursements for real estate taxes, insurance and common area maintenance. Future Minimum Rental Receipts Under Non-Cancelable Leases The Company’s leases with its customers may include various provisions such as scheduled rent increases, renewal options and termination options. The majority of the Company’s leases include defined rent increases rather than variable payments based on an index or unknown rate. In calculating the disclosures presented below, the Company included the fixed, non-cancelable terms of the leases. The following schedule indicates approximate future minimum rental receipts under non-cancelable leases for real estate properties by year as of December 31, 2021: Years Ending December 31, (In thousands) 2022 $ 322,765 2023 291,810 2024 245,109 2025 195,340 2026 146,152 Thereafter 313,050 Total minimum receipts $ 1,514,226 The Company recognizes gains on sales of real estate in accordance with the principles set forth in the Codification. For each transaction, the Company evaluates whether the guidance in ASC 606, Revenue from Contracts with Customers, or ASC 610, Other Income - Gains and Losses from the Derecognition of Nonfinancial Assets, is applicable. Upon closing of real estate transactions, the provisions of the Codification require consideration of whether the seller has a controlling financial interest in the entity that holds the nonfinancial asset after the transaction. In addition, the seller evaluates whether a contract exists under ASC 606 and whether the counterparty obtained control of each nonfinancial asset that is sold. If a contract exists and the counterparty obtained control of each nonfinancial asset, the seller derecognizes the assets at the close of the transaction with resulting gains or losses reflected on the Consolidated Statements of Income and Comprehensive Income. (d) Real Estate Properties EastGroup has one reportable segment – industrial properties, consistent with the Company’s manner of internal reporting, measurement of operating results and allocation of the Company’s resources. The Company reviews long-lived assets for impairment whenever events or changes in circumstances indicate the carrying amount of an asset may not be recoverable. Recoverability of assets to be held and used is measured by a comparison of the carrying amount of an asset to future undiscounted net cash flows (including estimated future expenditures necessary to substantially complete the asset) expected to be generated by the asset. If the carrying amount of an asset exceeds its estimated future cash flows, an impairment charge is recognized for the amount by which the carrying amount of the asset exceeds the fair value of the asset. During the years ended December 31, 2021, 2020 and 2019, the Company did not identify any impairment charges which should be recorded. Depreciation of buildings and other improvements is computed using the straight-line method over estimated useful lives of generally 40 years for buildings and 3 to 15 years for improvements. Building improvements are capitalized, while maintenance and repair expenses are charged to expense as incurred. Significant renovations and improvements that improve or extend the useful life of the assets are capitalized. Depreciation expense was $104,910,000, $96,290,000 and $86,590,000 for 2021, 2020 and 2019, respectively. (e) Development and Value-Add Properties For properties under development and value-add properties (defined in Note 1(j)) acquired in the development stage, costs associated with development (i.e., land, construction costs, interest expense, property taxes and other direct and indirect costs associated with development) are aggregated into the total capitalized costs of the property. Included in these costs are management’s estimates for the portions of internal costs (primarily personnel costs) deemed related to such development activities. The internal costs are allocated to specific development projects based on development activity. As the property becomes occupied, depreciation commences on the occupied portion of the building, and costs are capitalized only for the portion of the building that remains vacant. The Company transfers properties from the development and value-add program to Real estate properties as follows: (i) for development properties, at the earlier of 90% occupancy or one year after completion of the shell construction, and (ii) for value-add properties, at the earlier of 90% occupancy or one year after acquisition. Upon the earlier of 90% occupancy or one year after completion of the shell construction, capitalization of development costs, including interest expense, property taxes and internal personnel costs, ceases and depreciation commences on the entire property (excluding the land). (f) Real Estate Held for Sale The Company considers a real estate property to be held for sale when it meets the criteria established under ASC 360, Property, Plant and Equipment, including when it is probable that the property will be sold within a year. Real estate properties held for sale are reported at the lower of the carrying amount or fair value less estimated costs to sell and are not depreciated while they are held for sale. As of December 31, 2021, the Company owned one operating property, Metro Business Park, that was classified as held for sale on the December 31, 2021 Consolidated Balance Sheet. As discussed in Note 17, the property was sold in the first quarter of 2022, and the Company expects to record a gain on the sale in the three months ended March 31, 2022. The Company did not classify any properties as held for sale as of December 31, 2020. In accordance with ASU 2014-08, Presentation of Financial Statements (Topic 205) and Property, Plant, and Equipment (Topic 360), Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity, the Company would report a disposal of a component of an entity or a group of components of an entity in discontinued operations if the disposal represents a strategic shift that has (or will have) a major effect on an entity’s operations and financial results when the component or group of components meets the criteria to be classified as held for sale or when the component or group of components is disposed of by sale or other than by sale. In addition, the Company would provide additional disclosures about both discontinued operations and the disposal of an individually significant component of an entity that does not qualify for discontinued operations presentation in the financial statements. EastGroup performs an analysis of properties sold to determine whether the sales qualify for discontinued operations presentation. (g) Derivative Instruments and Hedging Activities EastGroup applies ASC 815, Derivatives and Hedging , which requires all entities with derivative instruments to disclose information regarding how and why the entity uses derivative instruments and how derivative instruments and related hedged items affect the entity’s financial position, financial performance and cash flows. See Note 12 for a discussion of the Company’s derivative instruments and hedging activities. (h) Cash Equivalents The Company considers all highly liquid investments with a maturity of three months or less when purchased to be cash equivalents. (i) Amortization Debt origination costs are deferred and amortized over the term of each loan using the effective interest method. Amortization of debt issuance costs was $1,296,000, $1,418,000 and $1,344,000 for 2021, 2020 and 2019, respectively. Amortization of facility fees was $751,000, $790,000 and $790,000 for 2021, 2020 and 2019, respectively. Leasing costs are deferred and amortized using the straight-line method over the term of the lease. Leasing costs amortization expense was $16,209,000, $14,449,000 and $13,167,000 for 2021, 2020 and 2019, respectively. Amortization expense for in-place lease intangibles is disclosed below in Real Estate Property Acquisitions and Acquired Intangibles . (j) Real Estate Property Acquisitions and Acquired Intangibles Upon acquisition of real estate properties, EastGroup applies the principles of ASC 805, Business Combinations. The FASB Codification provides a framework for determining whether transactions should be accounted for as acquisitions of assets or businesses. Under the guidance, companies are required to utilize an initial screening test to determine whether substantially all of the fair value of the gross assets acquired is concentrated in a single identifiable asset or a group of similar identifiable assets; if so, the set is not a business. EastGroup determined that its real estate property acquisitions in 2021, 2020 and 2019 are considered to be acquisitions of groups of similar identifiable assets; therefore, the acquisitions are not considered to be acquisitions of a business. As a result, the Company has capitalized acquisition costs related to its 2021, 2020 and 2019 acquisitions. The FASB Codification also provides guidance on how to properly determine the allocation of the purchase price among the individual components of both the tangible and intangible assets based on their relative fair values. The allocation to tangible assets (land, building and improvements) is based upon management’s determination of the value of the property as if it were vacant using discounted cash flow models. Land is valued using comparable land sales specific to the applicable market, provided by a third-party. The Company determines whether any financing assumed is above or below market based upon comparison to similar financing terms for similar properties. The cost of the properties acquired may be adjusted based on indebtedness assumed from the seller that is determined to be above or below market rates. The purchase price is also allocated among the following categories of intangible assets: the above or below market component of in-place leases, the value of in-place leases, and the value of customer relationships. The value allocable to the above or below market component of an acquired in-place lease is determined based upon the present value (using a discount rate reflecting the risks associated with the acquired leases) of the difference between (i) the contractual amounts to be paid pursuant to the lease over its remaining term, and (ii) management’s estimate of the amounts that would be paid using current market rents over the remaining term of the lease. The amounts allocated to above and below market lease intangibles are included in Other assets and Other liabilities , respectively, on the Consolidated Balance Sheets and are amortized to rental income over the remaining terms of the respective leases. The total amount of intangible assets is further allocated to in-place lease values and customer relationship values based upon management’s assessment of their respective values. Factors considered by management in the allocation include an estimate of foregone rents and avoided leasing costs during the expected lease-up periods considering current market conditions and costs to execute similar leases. These intangible assets are included in Other assets on the Consolidated Balance Sheets and are amortized over the remaining term of the existing lease, or the anticipated life of the customer relationship, as applicable. Amortization of above and below market lease intangibles increased rental income by $1,048,000, $1,451,000 and $1,229,000 in 2021, 2020 and 2019, respectively. Amortization expense for in-place lease intangibles was $5,980,000, $5,620,000 and $4,967,000 for 2021, 2020 and 2019, respectively. Projected amortization of in-place lease intangibles for the next five years as of December 31, 2021 is as follows: Years Ending December 31, (In thousands) 2022 $ 6,461 2023 4,400 2024 3,276 2025 2,465 2026 1,391 EastGroup acquired real estate properties during 2021, 2020 and 2019 as discussed in Note 2. The following table summarizes the allocation of the consideration paid for the acquired assets and assumed liabilities in connection with the real estate property acquisitions during the years ended December 31, 2021, 2020 and 2019. Costs Incurred During the Years Ended December 31, ACQUIRED ASSETS AND ASSUMED LIABILITIES 2021 2020 2019 (In thousands) Land $ 42,554 23,565 76,039 Buildings and building improvements 225,645 42,024 144,301 Tenant and other improvements 4,907 7,971 6,490 Right of use assets — Ground leases (operating) 12,708 — 2,679 Total real estate properties acquired 285,814 73,560 229,509 In-place lease intangibles (1) 9,949 3,257 10,020 Above market lease intangibles (1) 6 104 344 Below market lease intangibles (2) (3,836) (403) (2,685) Operating lease liabilities — Ground leases (3) (12,708) — (2,679) Total assets acquired, net of liabilities assumed $ 279,225 76,518 234,509 (1) In-place lease intangibles and above market lease intangibles are each included in Other assets on the Consolidated Balance Sheets. These costs are amortized over the remaining lives of the associated leases in place at the time of acquisition. (2) Below market lease intangibles are included in Other liabilities on the Consolidated Balance Sheets. These costs are amortized over the remaining lives of the associated leases in place at the time of acquisition. (3) Operating lease liabilities - Ground leases are included in Other liabilities on the Consolidated Balance Sheets. The leases in the properties acquired during 2021, 2020, and 2019 had a weighted average remaining lease term at acquisition of approximately 2.9 years years, 3.9 years, and 6.0 years, respectively. The Company periodically reviews the recoverability of goodwill (at least annually) and the recoverability of other intangibles (on a quarterly basis) for possible impairment. No impairment of goodwill and other intangibles existed during the years ended December 31, 2021, 2020 and 2019. (k) Stock-Based Compensation EastGroup applies the provisions of ASC 718, Compensation – Stock Compensation , to account for its stock-based compensation plans. ASC 718 requires that the compensation cost relating to share-based payment transactions be recognized in the financial statements and that the cost be measured on the fair value of the equity or liability instruments issued. The cost for market-based awards and awards that only require service are expensed on a straight-line basis over the requisite service periods. The cost for performance-based awards is determined using the graded vesting attribution method which recognizes each separate vesting portion of the award as a separate award on a straight-line basis over the requisite service period. This method accelerates the expensing of the award compared to the straight-line method. For awards with a performance condition, compensation expense is recognized when the performance condition is considered probable of achievement. The total compensation expense for service and performance based awards is based upon the fair market value of the shares on the grant date. The grant date fair value for awards that have been granted and are subject to a future market condition (total shareholder return) are determined using a Monte Carlo simulation pricing model developed to specifically accommodate the unique features of the awards. During the restricted period for awards no longer subject to contingencies, the Company accrues dividends and holds the certificates for the shares; however, the employee can vote the shares. Share certificates and dividends are delivered to the employee as they vest. Forfeitures of awards are recognized as they occur. (l) Earnings Per Share The Company applies ASC 260, Earnings Per Share , which requires companies to present basic and diluted earnings per share (“EPS”). Basic EPS represents the amount of earnings for the period attributable to each share of common stock outstanding during the reporting period. The Company’s basic EPS is calculated by dividing Net Income Attributable to EastGroup Properties, Inc. Common Stockholders by the weighted average number of common shares outstanding. The weighted average number of common shares outstanding does not include any potentially dilutive securities or any unvested restricted shares of common stock. These unvested restricted shares, although classified as issued and outstanding, are considered forfeitable until the restrictions lapse and will not be included in the basic EPS calculation until the shares are vested. Diluted EPS represents the amount of earnings for the period attributable to each share of common stock outstanding during the reporting period and to each share that would have been outstanding assuming the issuance of common shares for all dilutive potential common shares outstanding during the reporting period. The Company calculates diluted EPS by dividing Net Income Attributable to EastGroup Properties, Inc. Common Stockholders by the weighted average number of common shares outstanding plus the dilutive effect of unvested restricted stock. The dilutive effect of unvested restricted stock is determined using the treasury stock method. (m) Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses during the reporting period and to disclose material contingent assets and liabilities at the date of the financial statements. Actual results could differ from those estimates. (n) Risks and Uncertainties The state of the overall economy can significantly impact the Company’s operational performance and thus impact its financial position. Should EastGroup experience a significant decline in operational performance due to the coronavirus (“COVID-19”) pandemic or other general economic conditions, it may affect the Company’s ability to make distributions to its shareholders, service debt, or meet other financial obligations. Although COVID-19 has had an overall minimal impact on the Company in 2020 and 2021, EastGroup remains unable to predict any future impact that it may have on its business, financial condition, results of operations and cash flows. (o) Recent Accounting Pronouncements EastGroup has evaluated all ASUs recently released by the FASB through the date the financial statements were issued and determined that the following ASU applies to the Company. In March 2020, the FASB issued ASU 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting . ASU 2020-04 contains practical expedients for reference rate reform related activities that impact debt, leases, derivatives and other contracts. The guidance in ASU 2020-04 is optional and may be elected over time as reference rate reform activities occur. During 2020, the Company elected to apply the hedge accounting expedients related to probability and the assessments of effectiveness for future cash flows indexed by London Interbank Offered Rate (“LIBOR”) to assume that the index upon which future hedged transactions will be based matches the index on the corresponding derivatives. Application of these expedients preserves the presentation of derivatives consistent with past presentation. The Company continues to evaluate the impact of the guidance and may apply other elections as applicable as additional changes in the market occur. (p) Classification of Book Overdraft on Consolidated Statements of Cash Flows The Company classifies changes in book overdraft in which the bank has not advanced cash to the Company to cover outstanding checks as an operating activity. Such amounts are included in Accounts payable, accrued expenses and prepaid rent in the Operating Activities section on the Consolidated Statements of Cash Flows. (q) Reclassifications Certain reclassifications have been made in the 2020 and 2019 consolidated financial statements to conform to the 2021 presentation.

REAL ESTATE PROPERTIES

REAL ESTATE PROPERTIES	12 Months Ended
	Dec. 31, 2021
Real Estate [Abstract]
REAL ESTATE PROPERTIES	REAL ESTATE PROPERTIES AND DEVELOPMENT AND VALUE-ADD PROPERTIES The Company’s Real estate properties and Development and value-add properties at December 31, 2021 and 2020 were as follows: December 31, 2021 2020 (In thousands) Real estate properties: Land $ 544,505 502,739 Buildings and building improvements 2,408,944 2,120,731 Tenant and other improvements 570,627 524,954 Right of use assets — Ground leases (operating) (1) 22,635 11,073 Development and value-add properties 504,614 359,588 4,051,325 3,519,085 Less accumulated depreciation (1,035,617) (955,328) $ 3,015,708 2,563,757 (1) See Ground Leases discussion below for information regarding the Company’s right of use assets for ground leases. A summary of real estate properties acquired for the years ended December 31, 2021, 2020 and 2019 follows: REAL ESTATE PROPERTIES ACQUIRED Location Size Date Cost (In square feet or acres) (In thousands) 2021 OPERATING PROPERTIES ACQUIRED (1) Southpark Distribution Center 2 Phoenix, AZ 79,000 06/10/2021 $ 9,177 DFW Global Logistics Centre Dallas, TX 611,000 08/26/2021 89,829 Progress Center 3 Atlanta, GA 50,000 09/23/2021 5,000 Texas Avenue Austin, TX 20,000 10/15/2021 4,143 Total operating property acquisitions 760,000 108,149 VALUE-ADD PROPERTIES ACQUIRED (2) Access Point 1 Greenville, SC 156,000 01/15/2021 10,501 Northpoint 200 Atlanta, GA 79,000 01/21/2021 6,516 Access Point 2 Greenville, SC 159,000 05/19/2021 10,743 Cherokee 75 Business Center 2 Atlanta, GA 105,000 06/17/2021 8,837 Siempre Viva Distribution Center 3-6 San Diego, CA 547,000 12/01/2021 134,479 Total value-add property acquisitions 1,046,000 171,076 Total acquired assets in 2021 (3) 1,806,000 $ 279,225 2020 OPERATING PROPERTIES ACQUIRED (1) Wells Point One Austin, TX 50,000 02/28/2020 $ 6,231 Cherokee 75 Business Center 1 Atlanta, GA 85,000 12/15/2020 8,323 The Rock at Star Business Park Dallas, TX 212,000 12/17/2020 34,102 Total operating property acquisitions 347,000 48,656 VALUE-ADD PROPERTIES ACQUIRED (2) Rancho Distribution Center Los Angeles, CA 162,000 10/15/2020 27,862 Total acquired assets in 2020 (3) 509,000 $ 76,518 2019 OPERATING PROPERTIES ACQUIRED (1) Airways Business Center Denver, CO 382,000 05/20/2019 $ 48,327 Miramar Land (4) San Diego, CA 6.5 Acres 05/31/2019 13,386 385 Business Park Greenville, SC 155,000 07/31/2019 13,900 Grand Oaks 75 Business Center 1 Tampa, FL 169,000 09/06/2019 17,974 Siempre Viva Distribution Center 2 San Diego, CA 60,000 10/04/2019 8,621 Rocky Point Distribution Center 1 San Diego, CA 118,000 12/17/2019 24,396 Otay Mesa Land (4) San Diego, CA 41.6 Acres 12/31/2019 15,282 Total operating property acquisitions 884,000 141,886 48.1 Acres VALUE-ADD PROPERTIES ACQUIRED (2) Logistics Center 6 & 7 Dallas, TX 142,000 04/23/2019 12,960 Arlington Tech Centre 1 & 2 Dallas, TX 151,000 08/16/2019 12,615 Grand Oaks 75 Business Center 2 Tampa, FL 150,000 09/06/2019 12,815 Interstate Commons Distribution Center 2 Phoenix, AZ 142,000 10/21/2019 9,386 Southwest Commerce Center Las Vegas, NV 196,000 10/30/2019 25,609 Rocky Point Distribution Center 2 San Diego, CA 109,000 12/17/2019 19,238 Total value-add property acquisitions 890,000 92,623 Total acquired assets in 2019 (3) 1,774,000 $ 234,509 48.1 Acres (1) Operating properties are defined as stabilized real estate properties (land including buildings and improvements) in the Company’s operating portfolio; included in Real estate properties on the Consolidated Balance Sheets. (2) Value-add properties are defined as properties that are either acquired but not stabilized or can be converted to a higher and better use. Acquired properties meeting either of the following two conditions are considered value-add properties: (1) Less than 75% occupied as of the acquisition date (or will be less than 75% occupied within one year of acquisition date based on near term lease roll), or (2) 20% or greater of the acquisition cost will be spent to redevelop the property. (3) Excludes development land as detailed below. (4) Land which was leased at the time of acquisition and including in the operating portfolio. Also during 2021, EastGroup purchased 365.8 acres of development land in Austin, Houston, Charlotte, Greenville and Atlanta for $41,065,000. The Company sold operating properties during 2021, 2020 and 2019 as shown in the table below. The results of operations and gains and losses on sales for the properties sold during the periods presented are reported in continuing operations on the Consolidated Statements of Income and Comprehensive Income. The gains and losses on sales are included in Gain on sales of real estate investments. Sales of Real Estate A summary of Gain on sales of real estate investments for the years ended December 31, 2021, 2020 and 2019 follows: Real Estate Properties Location Size (in Square Feet) Date Sold Net Sales Price Basis Recognized Gain (In thousands) 2021 Jetport Commerce Park Tampa, FL 284,000 11/09/2021 $ 44,260 5,401 38,859 2020 University Business Center 120 (1) Santa Barbara, CA 46,000 12/01/2020 $ 10,342 4,007 6,335 Central Green Houston, TX 80,000 12/23/2020 10,168 3,358 6,810 Total for 2020 $ 20,510 7,365 13,145 2019 World Houston 5 Houston, TX 51,000 01/29/2019 $ 3,679 1,354 2,325 Altamonte Commerce Center Orlando, FL 186,000 05/20/2019 14,423 5,342 9,081 University Business Center 130 (2) Santa Barbara, CA 40,000 11/07/2019 11,083 2,729 8,354 Southpointe Distribution Center Tucson, AZ 207,000 12/03/2019 13,699 2,281 11,418 University Business Center 125 & 175 Santa Barbara, CA 133,000 12/11/2019 23,675 13,785 9,890 Total for 2019 $ 66,559 25,491 41,068 (1) EastGroup owned 80% of University Business Center 120 through a joint venture partnership. EastGroup sold its 80% share of the joint venture, and the partnership was dissolved. The information shown for this transaction represents EastGroup’s 80% ownership. (2) EastGroup owned 80% of University Business Center 130 through a joint venture partnership. The information shown for this transaction also includes the 20% attributable to the Company’s noncontrolling interest partner. The table above includes sales of operating properties. During 2021 and 2020, there were no land sales; however, during 2019, the Company sold (through eminent domain procedures) a small parcel of land (0.2 acres) in San Diego for $185,000 and recognized a gain on the sale of $83,000. The net gains on sales of land are included in Other on the Consolidated Statements of Income and Comprehensive Income. Development and Value-Add Properties The Company’s development and value-add program as of December 31, 2021, was comprised of the properties detailed in the table below. Costs incurred include capitalization of interest costs during the period of construction. The interest costs capitalized on development projects for 2021 were $9,028,000 compared to $9,651,000 for 2020 and $8,453,000 for 2019. In addition, EastGroup capitalized internal development costs of $7,713,000 during the year ended December 31, 2021, compared to $6,689,000 during 2020 and $6,918,000 in 2019. Total capital invested for development and value-add properties during 2021 was $418,855,000, which primarily consisted of costs of $348,478,000 as detailed in the Development and Value-Add Properties Activity table below, $51,082,000 as detailed in the Development and Value-Add Properties Transferred to the Real Estate Properties Portfolio During 2021 table below and costs of $13,236,000 on projects subsequent to transfer to Real estate properties . The capitalized costs incurred on development projects subsequent to transfer to Real estate properties include capital improvements at the properties and do not include other capitalized costs associated with development (i.e., interest expense, property taxes and internal personnel costs). DEVELOPMENT AND Costs Incurred Actual or Anticipated Building Conversion Date Costs Transferred in 2021 (1) For the Cumulative Projected Total Costs (2) (In thousands) (Unaudited) (Unaudited) (Unaudited) LEASE-UP Building Size (Square feet) Access Point 1, Greenville, SC (3) 156,000 $ — 12,522 12,522 13,300 01/22 Access Point 2, Greenville, SC (3) 159,000 — 11,631 11,631 13,100 05/22 Grand Oaks 75 3, Tampa, FL 136,000 2,198 7,994 10,192 12,400 07/22 Horizon West 2 & 3, Orlando, FL 210,000 5,505 11,685 17,190 19,200 09/22 Siempre Viva 3-6, San Diego, CA (3) 547,000 — 132,688 132,688 135,600 12/22 Total Lease-Up 1,208,000 7,703 176,520 184,223 193,600 UNDER CONSTRUCTION Speed Distribution Center, San Diego, CA 519,000 17,758 (4) 50,060 67,818 88,600 03/22 SunCoast 12, Fort Myers, FL 79,000 960 3,218 4,178 8,000 06/22 CreekView 9 & 10, Dallas, TX 145,000 4,350 6,986 11,336 17,200 07/22 Steele Creek 8, Charlotte, NC 72,000 1,869 859 2,728 8,400 08/22 Basswood 1 & 2, Fort Worth, TX 237,000 — 10,475 15,229 22,100 02/23 Gateway 3, Miami, FL 133,000 6,791 6,375 13,166 19,100 04/23 Grand Oaks 75 4, Tampa, FL 185,000 3,313 3,065 6,378 17,900 04/23 Tri-County Crossing 5, San Antonio, TX 105,000 1,328 4,272 5,600 10,300 04/23 Americas Ten 2, El Paso, TX 168,000 2,885 6,215 9,100 14,100 05/23 Grand West Crossing 1, Houston, TX 121,000 3,492 5,377 8,869 15,700 05/23 45 Crossing, Austin, TX 177,000 — 17,060 17,060 26,200 06/23 McKinney 3 & 4, Dallas, TX 212,000 5,120 5,318 10,438 26,300 06/23 Ridgeview 3, San Antonio, TX 88,000 1,443 4,361 5,804 10,700 06/23 Tri-County Crossing 6, San Antonio, TX 124,000 1,576 2,206 3,782 9,900 06/23 LakePort 4 & 5, Dallas, TX 177,000 6,668 1,270 7,938 22,400 08/23 I-20 West Business Center, Atlanta, GA 155,000 1,803 1,161 2,964 14,200 10/23 Total Under Construction 2,697,000 59,356 128,278 192,388 331,100 PROSPECTIVE DEVELOPMENT (PRIMARILY LAND) Estimated Building Size (Square feet) Ft. Myers, FL 543,000 (960) 1,392 8,298 Miami, FL 243,000 (6,791) 826 14,331 Orlando, FL 1,278,000 (5,505) 4,065 26,238 Tampa, FL 32,000 (5,511) 613 825 Atlanta, GA 580,000 (1,803) 5,469 5,058 Jackson, MS 28,000 — — 706 Charlotte, NC 1,387,000 (1,869) 12,648 15,104 Greenville, SC 400,000 — 1,736 1,736 Austin, TX 274,000 — 6,431 6,431 Dallas, TX 172,000 (16,138) 1,658 8,398 El Paso, TX — (2,885) 298 — Ft. Worth, TX 652,000 — 777 15,327 Houston, TX 1,293,000 (3,492) 7,567 24,833 San Antonio, TX 55,000 (4,347) 200 718 Total Prospective Development 6,937,000 (49,301) 43,680 128,003 Total Development and Value-Add Properties 10,842,000 $ 17,758 348,478 504,614 The Development and Value-Add Properties Activity table is continued on the following page. DEVELOPMENT AND VALUE-ADD PROPERTIES TRANSFERRED TO THE REAL ESTATE PROPERTIES PORTFOLIO DURING 2021 Costs Incurred Costs Transferred in 2021 (1) For the Cumulative (Unaudited) (In thousands) (Unaudited) Building Size (Square feet) Building Conversion Date Gilbert Crossroads A & B, Phoenix, AZ 140,000 $ — — 16,768 01/21 CreekView 7 & 8, Dallas, TX 137,000 — 1,099 17,658 03/21 Hurricane Shoals 3, Atlanta, GA 101,000 — 124 8,935 03/21 Northpoint 200, Atlanta, GA (3) 79,000 — 6,861 6,861 03/21 Rancho Distribution Center, Los Angeles, CA (3) 162,000 — — 27,325 03/21 World Houston 44, Houston, TX 134,000 — 399 8,525 05/21 Gateway 4, Miami, FL 197,000 — 641 22,688 06/21 Interstate Commons 2, Phoenix, AZ (3) 142,000 — 50 12,291 06/21 Settlers Crossing 3 & 4, Austin, TX 173,000 — 2,477 19,981 06/21 SunCoast 7, Fort Myers, FL 77,000 — 276 7,649 06/21 Tri-County Crossing 3 & 4, San Antonio, TX 203,000 — 1,000 15,409 06/21 Cherokee 75 Business Center 2, Atlanta, GA (3) 105,000 — 9,052 9,052 07/21 Northwest Crossing 1-3, Houston, TX 278,000 — 1,497 23,819 09/21 Ridgeview 1 & 2, San Antonio, TX 226,000 — 2,021 19,114 10/21 Gilbert Crossroads C & D, Phoenix, AZ 178,000 — 14,955 21,572 12/21 LakePort 1-3, Dallas, TX 194,000 — 3,983 23,764 12/21 Steele Creek 10, Charlotte, NC 162,000 — 6,647 10,881 12/21 Total Transferred to Real Estate Properties 2,688,000 $ — 51,082 272,292 (5) (1) Represents costs transferred from Prospective Development (primarily land) to Under Construction during the period. Negative amounts represent land inventory costs transferred to Under Construction. (2) Included in these costs are development obligations of $88.7 million and tenant improvement obligations of $10.3 million on properties under development. (3) Represents value-add properties acquired by EastGroup. (4) Represents costs transferred from Real estate properties during the year. (5) Represents cumulative costs at the date of transfer. Ground Leases As of December 31, 2021 and 2020, the Company operated two properties in Florida, four properties in Texas and one property in Arizona that are subject to ground leases. These leases have terms of 40 to 50 years, expiration dates of August 2031 to October 2058, and renewal options of 15 to 35 years, except for the one lease in Arizona which is automatically and perpetually renewed annually. The Company has included renewal options in the lease terms for calculating the ground lease assets and liabilities as the Company is reasonably certain it will exercise these options. Total ground lease expenditures for the years ended December 31, 2021, 2020 and 2019 were $1,354,000, $1,051,000 and $966,000, respectively. Payments are subject to increases at 3 to 10 year intervals based upon the agreed or appraised fair market value of the leased premises on the adjustment date or the Consumer Price Index percentage increase since the base rent date. These future changes in payments will be considered variable payments and will not impact the assessment of the asset or liability unless there is a significant event that triggers reassessment, such as amendment with a change in the terms of the lease. The weighted-average remaining lease term as of December 31, 2021, for the ground leases is 38 years. EastGroup applies ASC 842, Leases , for its ground leases, which are classified as operating leases. In August 2021, the Company acquired DFW Global Logistics Centre in Dallas, which is located on land under a ground lease. The Company recorded a right of use asset of $12,708,000 in connection with this acquisition. There were no new ground leases in 2020. As of December 31, 2021 and 2020, the unamortized balances of the Company’s right of use assets for its ground leases were $22,635,000 and $11,073,000, respectively. The right of use assets for ground leases are included in Real estate properties on the Consolidated Balance Sheets. The following schedule indicates approximate future minimum ground lease payments for these properties by year as of December 31, 2021: Future Minimum Ground Lease Payments as of December 31, 2021 Years Ending December 31, (In thousands) 2022 $ 1,605 2023 1,610 2024 1,663 2025 1,697 2026 1,734 Thereafter 60,476 Total minimum payments 68,785 Imputed interest (1) (45,887) Total ground lease liabilities $ 22,898 (1) As the Company’s leases do not provide an implicit rate, in order to calculate the present value of the remaining ground lease payments, the Company used its incremental borrowing rate, adjusted for a number of factors, including the long-term nature of the ground leases, the Company’s estimated borrowing costs, and the estimated fair value of the underlying land, to determine the imputed interest for its ground leases. For the ground lease obtained during August 2021, the Company used its incremental borrowing rate, adjusted for the factors discussed above, which was determined to be 5.0%.

UNCONSOLIDATED INVESTMENT

UNCONSOLIDATED INVESTMENT	12 Months Ended
	Dec. 31, 2021
Equity Method Investments and Joint Ventures [Abstract]
UNCONSOLIDATED INVESTMENT	UNCONSOLIDATED INVESTMENTThe Company owns a 50% undivided tenant-in-common interest in Industry Distribution Center II, a 309,000 square foot warehouse distribution building in the City of Industry (Los Angeles), California.  The building was constructed in 1998 and is 100% leased through December 2026 to a single tenant who owns the other 50% interest in the property.  This investment is accounted for under the equity method of accounting and had a carrying value of $7,320,000 at December 31, 2021, and $7,446,000 at December 31, 2020.

OTHER ASSETS

OTHER ASSETS	12 Months Ended
	Dec. 31, 2021
Other Assets [Abstract]
OTHER ASSETS	OTHER ASSETS A summary of the Company’s Other assets follows: December 31, 2021 2020 (In thousands) Leasing costs (principally commissions) $ 116,772 95,914 Accumulated amortization of leasing costs (42,193) (38,371) Leasing costs (principally commissions), net of accumulated amortization 74,579 57,543 Acquired in-place lease intangibles 31,561 28,107 Accumulated amortization of acquired in-place lease intangibles (13,038) (13,554) Acquired in-place lease intangibles, net of accumulated amortization 18,523 14,553 Acquired above market lease intangibles 885 1,825 Accumulated amortization of acquired above market lease intangibles (508) (1,231) Acquired above market lease intangibles, net of accumulated amortization 377 594 Straight-line rents receivable 51,970 43,079 Accounts receivable 7,133 6,064 Interest rate swap assets 2,237 — Right of use assets - Office leases (operating) 1,984 2,131 Receivable for common stock offerings — 1,942 Goodwill 990 990 Receivable for tenant improvement cost reimbursements 7,680 192 Prepaid expenses and other assets 16,747 22,491 Total Other assets $ 182,220 149,579

UNSECURED BANK CREDIT FACILITIE

UNSECURED BANK CREDIT FACILITIES	12 Months Ended
	Dec. 31, 2021
Line of Credit Facility [Abstract]
UNSECURED BANK CREDIT FACILITIES	UNSECURED BANK CREDIT FACILITIES Until June 29, 2021, EastGroup had $350 million and $45 million unsecured bank credit facilities with margins over LIBOR of 100 basis points, facility fees of 20 basis points and maturity dates of July 30, 2022. The Company amended and restated these credit facilities on June 29, 2021, expanding the capacity to $425 million and $50 million, as detailed below. The $425 million unsecured bank credit facility is with a group of nine banks and has a maturity date of July 30, 2025. The credit facility contains options for two six-month extensions (at the Company’s election) and a $325 million accordion (with agreement by all parties). The interest rate on each tranche is reset on a monthly basis and as of December 31, 2021, was LIBOR plus 77.5 basis points with an annual facility fee of 15 basis points. As of December 31, 2021, the Company had $183,000,000 of variable rate borrowings on this unsecured bank credit facility with a weighted average interest rate of 0.875%. The Company has a standby letter of credit of $674,000 pledged on this facility. The Company’s $50 million unsecured bank credit facility has a maturity date of July 30, 2025, or such later date as designated by the bank; the Company also has two six-month extensions available if the extension options in the $425 million facility are exercised. The interest rate is reset on a daily basis and as of December 31, 2021, was LIBOR plus 77.5 basis points with an annual facility fee of 15 basis points. As of December 31, 2021, the interest rate was 0.876% on a balance of $26,210,000. For both facilities, the margin and facility fee are subject to changes in the Company’s credit ratings. Moody’s Investors Service has assigned the Company’s issuer rating of Baa2 with a stable outlook. Although the Company’s current credit rating is Baa2, given the strength of the Company’s key credit metrics, initial pricing for the credit facilities is based on the BBB+/Baa1 credit ratings level. This favorable pricing level will be retained provided that the Company’s consolidated leverage ratio, as defined in the applicable agreements, remains less than 32.5%. The facilities also include a sustainability-linked pricing component pursuant to which, if the Company meets certain sustainability performance targets, the applicable interest margin will be reduced by one basis point. Average unsecured bank credit facilities borrowings were $95,629,000 in 2021, $87,095,000 in 2020 and $172,175,000 in 2019, with weighted average interest rates (excluding amortization of facility fees and debt issuance costs) of 1.01% in 2021, 1.86% in 2020 and 3.34% in 2019. Amortization of facility fees was $751,000, $790,000 and $790,000 for 2021, 2020 and 2019, respectively. Amortization of debt issuance costs for the Company’s unsecured bank credit facilities was $606,000, $561,000 and $556,000 for 2021, 2020 and 2019, respectively. The Company’s unsecured bank credit facilities have certain restrictive covenants, such as maintaining debt service coverage and leverage ratios and maintaining insurance coverage, and the Company was in compliance with all of its financial debt covenants at December 31, 2021. See Note 6 for a detail of the outstanding balances of the Company’s Unsecured bank credit facilities as of December 31, 2021 and 2020.

UNSECURED AND SECURED DEBT

UNSECURED AND SECURED DEBT	12 Months Ended
	Dec. 31, 2021
Debt Disclosure [Abstract]
UNSECURED AND SECURED DEBT	UNSECURED AND SECURED DEBT The Company’s debt is detailed below: December 31, 2021 2020 (In thousands) Unsecured bank credit facilities - variable rate, carrying amount $ 209,210 125,000 Unamortized debt issuance costs (2,144) (806) Unsecured bank credit facilities, net of debt issuance costs 207,066 124,194 Unsecured debt - fixed rate, carrying amount (1) 1,245,000 1,110,000 Unamortized debt issuance costs (2,430) (2,292) Unsecured debt, net of debt issuance costs 1,242,570 1,107,708 Secured debt - fixed rate, carrying amount (1) 2,156 79,096 Unamortized debt issuance costs (14) (103) Secured debt, net of debt issuance costs 2,142 78,993 Total debt, net of debt issuance costs $ 1,451,778 1,310,895 (1) These loans have a fixed interest rate or an effectively fixed interest rate due to interest rate swaps. A summary of the carrying amount of Unsecured debt follows: Balance at December 31, Margin Above LIBOR Interest Rate Maturity Date 2021 2020 (In thousands) $40 Million Unsecured Term Loan (1) 1.10% 2.34% 07/30/2021 $ — 40,000 $75 Million Unsecured Term Loan (1) 1.40% 3.03% 02/28/2022 75,000 75,000 $65 Million Unsecured Term Loan (1) 1.10% 2.31% 04/01/2023 65,000 65,000 $70 Million Senior Unsecured Notes: $50 Million Notes Not applicable 3.80% 08/28/2023 50,000 50,000 $20 Million Notes Not applicable 3.80% 08/28/2025 20,000 20,000 $60 Million Senior Unsecured Notes Not applicable 3.46% 12/13/2024 60,000 60,000 $100 Million Senior Unsecured Notes: $60 Million Notes Not applicable 3.48% 12/15/2024 60,000 60,000 $40 Million Notes Not applicable 3.75% 12/15/2026 40,000 40,000 $25 Million Senior Unsecured Notes Not applicable 3.97% 10/01/2025 25,000 25,000 $50 Million Senior Unsecured Notes Not applicable 3.99% 10/07/2025 50,000 50,000 $60 Million Senior Unsecured Notes Not applicable 3.93% 04/10/2028 60,000 60,000 $80 Million Senior Unsecured Notes Not applicable 4.27% 03/28/2029 80,000 80,000 $35 Million Senior Unsecured Notes Not applicable 3.54% 08/15/2031 35,000 35,000 $75 Million Senior Unsecured Notes Not applicable 3.47% 08/19/2029 75,000 75,000 $100 Million Unsecured Term Loan (1) (2) 0.85% 2.10% 10/10/2026 100,000 100,000 $100 Million Unsecured Term Loan (1) 1.45% 2.39% 03/25/2027 100,000 100,000 $100 Million Senior Unsecured Notes Not applicable 2.61% 10/14/2030 100,000 100,000 $75 Million Senior Unsecured Notes Not applicable 2.71% 10/14/2032 75,000 75,000 $50 Million Unsecured Term Loan (1) 1.00% 1.55% 03/18/2025 50,000 — $125 Million Senior Unsecured Notes Not applicable 2.74% 06/10/2031 125,000 — $ 1,245,000 1,110,000 (1) The interest rates on these unsecured term loans are comprised of LIBOR plus a margin which is subject to a pricing grid for changes in the Company’s coverage ratings. The Company entered into interest rate swap agreements (further described in Note 12) to convert the loans’ LIBOR rates to effectively fixed interest rates. The interest rates in the table above are the effectively fixed interest rates for the loans, including the effects of the interest rate swaps, as of December 31, 2021. (2) This term loan was refinanced during 2021. Effective October 10, 2021, the margin above LIBOR was reduced from 1.50% to 0.85% reducing the effectively fixed rate from 2.75% to 2.10%. In March 2021, the Company closed a $50 million senior unsecured term loan with a four In June 2021, the Company closed on the private placement of $125 million of senior unsecured notes with a fixed interest rate of 2.74% and a 10-year term. The notes dated April 8, 2021, were issued and sold on June 10, 2021, and require interest-only payments. The notes will not be and have not been registered under the Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. In July 2021, the Company repaid a $40 million unsecured term loan at maturity with an effectively fixed interest rate of 2.34%. In September 2021, the Company closed on the refinance of a $100 million senior unsecured term loan with five 2.10%. The term loan also includes a sustainability-linked pricing component pursuant to which, if the Company meets certain sustainability performance targets, the applicable interest margin will be reduced by one basis point. The Company’s unsecured debt instruments have certain restrictive covenants, such as maintaining debt service coverage and leverage ratios and maintaining insurance coverage, and the Company was in compliance with all of its financial debt covenants at December 31, 2021. A summary of the carrying amount of Secured debt follows: Interest Rate Monthly Maturity Carrying Amount Balance at December 31, Property 2021 2020 (In thousands) Colorado Crossing Distribution Center, Interstate Warehouse 1-3, Rojas Commerce Park, Steele Creek Commerce Park 1 & 2, Venture Warehouses and World Houston Int’l Business Ctr 3, 4 & 6-9 4.75% 420,045 Repaid $ — — 41,610 Arion Business Park 18, Beltway Crossing Business Park 6 & 7, Commerce Park Center 2 & 3, Concord Distribution Center, Interstate Warehouse 5-7, Lakeview Business Center, Ridge Creek Distribution Center 2, Southridge Commerce Park 4 & 5 and World Houston Int’l Business Ctr 32 4.09% 329,796 Repaid — — 35,220 Ramona Distribution Center 3.85% 16,287 11/30/2026 8,515 2,156 2,266 $ 8,515 2,156 79,096 In March 2021, EastGroup repaid (with no penalty) a mortgage loan with a balance of $40.8 million, an interest rate of 4.75% and an original maturity date of June 5, 2021. In October 2021, EastGroup repaid (with no penalty) a mortgage loan with a balance of $33.1 million, an interest rate of 4.09% and an original maturity date of January 5, 2022. The Company currently intends to repay its debt obligations, both in the short-term and long-term, through its operating cash flows, borrowings under its unsecured bank credit facilities, proceeds from new debt (primarily unsecured), and/or proceeds from the issuance of equity instruments. Scheduled principal payments on long-term debt, including Unsecured debt, net of debt issuance costs and Secured debt, net of debt issuance costs (not including Unsecured bank credit facilities, net of debt issuance costs ), as of December 31, 2021 are as follows: Years Ending December 31, (In thousands) 2022 $ 75,115 2023 115,119 2024 120,122 2025 145,128 2026 141,672

ACCOUNTS PAYABLE AND ACCRUED EX

ACCOUNTS PAYABLE AND ACCRUED EXPENSES	12 Months Ended
	Dec. 31, 2021
Accounts Payable and Accrued Liabilities [Abstract]
ACCOUNTS PAYABLE AND ACCRUED EXPENSES	ACCOUNTS PAYABLE AND ACCRUED EXPENSES A summary of the Company’s Accounts payable and accrued expenses follows: December 31, 2021 2020 (In thousands) Property taxes payable $ 4,494 3,524 Development costs payable 17,529 4,004 Retainage payable 10,576 2,423 Real estate improvements and capitalized leasing costs payable 5,798 5,692 Interest payable 6,547 6,537 Dividends payable 46,864 32,677 Book overdraft (1) 4,845 5,176 Other payables and accrued expenses 13,107 9,540 Total Accounts payable and accrued expenses $ 109,760 69,573 (1) Represents checks written before the end of the period which have not cleared the bank; therefore, the bank has not yet advanced cash to the Company. When the checks clear the bank, they will be funded through the Company’s working cash line of credit, which is included in the Company’s Unsecured bank credit facilities. See Note 1(p).

OTHER LIABILITIES

OTHER LIABILITIES	12 Months Ended
	Dec. 31, 2021
Other Liabilities Disclosure [Abstract]
OTHER LIABILITIES	OTHER LIABILITIES A summary of the Company’s Other liabilities follows: December 31, 2021 2020 (In thousands) Security deposits $ 28,343 22,140 Prepaid rent and other deferred income 16,401 14,694 Operating lease liabilities — Ground leases 22,898 11,199 Operating lease liabilities — Office leases 2,032 2,167 Acquired below-market lease intangibles 8,124 6,472 Accumulated amortization of acquired below-market lease intangibles (2,707) (3,621) Acquired below-market lease intangibles, net of accumulated amortization 5,417 2,851 Interest rate swap liabilities 935 10,752 Tenant improvement cost liabilities 2,796 364 Other liabilities 3,516 5,650 Total Other liabilities $ 82,338 69,817

COMMON STOCK ACTIVITY

COMMON STOCK ACTIVITY	12 Months Ended
	Dec. 31, 2021
Equity [Abstract]
COMMON STOCK ACTIVITY	COMMON STOCK ACTIVITY The following table presents the common stock activity for the three years ended December 31, 2021: Years Ended December 31, 2021 2020 2019 Common Stock (in shares) Shares outstanding at beginning of year 39,676,828 38,925,953 36,501,356 Common stock offerings 1,551,181 709,924 2,388,342 Dividend reinvestment plan — — 1,893 Incentive restricted stock granted 66,623 69,446 59,943 Incentive restricted stock forfeited — (440) (3,010) Director common stock awarded 4,466 8,182 6,384 Director restricted stock granted — 208 — Restricted stock withheld for tax obligations (30,252) (36,445) (28,955) Shares outstanding at end of year 41,268,846 39,676,828 38,925,953 Common Stock Issuances The following table presents the common stock issuance activity for the three years ended December 31, 2021: Years Ended December 31, Number of Shares of Net Proceeds (In thousands) 2021 1,551,181 $ 271,155 2020 709,924 92,663 2019 2,388,342 284,710 Dividend Reinvestment Plan The Company had a dividend reinvestment plan that allowed stockholders to reinvest cash distributions in new shares of the Company. On December 12, 2019, the dividend reinvestment plan was terminated and any unsold shares pursuant to the plan were deregistered.

STOCK-BASED COMPENSATION

STOCK-BASED COMPENSATION	12 Months Ended
	Dec. 31, 2021
Share-based Payment Arrangement [Abstract]
STOCK-BASED COMPENSATION	STOCK-BASED COMPENSATION Equity Incentive Plan In May 2004, the stockholders of the Company approved the EastGroup Properties, Inc. 2004 Equity Incentive Plan (the “2004 Plan”) that authorized the issuance of up to 1,900,000 shares of common stock to employees in the form of options, stock appreciation rights, restricted stock, deferred stock units, performance shares, bonus stock or stock in lieu of cash compensation. The 2004 Plan was further amended by the Board of Directors in September 2005 and December 2006. In April 2013, the Board of Directors adopted the EastGroup Properties, Inc. 2013 Equity Incentive Plan (the “2013 Equity Plan”) upon the recommendation of the Compensation Committee; the 2013 Equity Plan was approved by the Company’s stockholders and became effective May 29, 2013. The 2013 Equity Plan was further amended by the Board of Directors in March 2017. The 2013 Equity Plan permits the grant of awards to employees and directors with respect to 2,000,000 shares of common stock. There were 1,477,241, 1,527,382 and 1,583,223 total shares available for grant under the 2013 Equity Plan as of December 31, 2021, 2020 and 2019, respectively. Typically, the Company issues new shares to fulfill stock grants. Employee Equity Awards The Company’s restricted stock program is designed to provide incentives for management to achieve goals established by the Compensation Committee of the Company’s Board of Directors (the “Committee”). The awards act as a retention device, as they vest over time, allowing participants to benefit from dividends on shares as well as potential stock appreciation. Equity awards align management’s interests with the long-term interests of shareholders. The Committee approves long-term and annual equity compensation awards for the Company’s executive officers. The vesting periods of the Company’s restricted stock plans vary, as determined by the Committee. Restricted stock is granted to executive officers subject to both continued service and the satisfaction of certain annual performance goals and multi-year market conditions as determined by the Committee. Long-term equity compensation awards The long-term compensation awards include components based on the Company’s total shareholder return over the upcoming three The following table summarizes the assumptions used in the Monte Carlo simulation pricing model used to determine the grant date fair value of the multi-year market conditions component of the long-term compensation awards for 2021, 2020 and 2019: 2021 Award 2020 Award 2019 Award Valuation date 2/25/2021 3/6/2020 3/7/2019 Risk-free interest rate 0.39 % 0.62 % 2.52 % Expected share price volatility for the Company 30.51 % 16.72 % 18.13 % Expected share price volatility for peer group companies - low end of range 26.87 % 14.40 % 14.27 % Expected share price volatility for peer group companies - high end of range 54.25 % 49.23 % 35.76 % Expected dividend yield 2.27 % 2.28 % 2.72 % Number of simulation paths 1,000,000 1,000,000 1,000,000 Grant date fair value (in thousands) $ 2,941 2,037 2,413 The risk-free interest rate is based on zero coupon risk-free rates matching the three-year time period of the market performance period. The expected share price volatilities are based on a mix of the historical and implied volatilities of the Company and the peer group companies. The expected dividend yield is based on the expected annual cash dividend as of the valuation date divided by the Company’s stock price on the valuation date. These market based awards are expensed on a straight-line basis over the requisite service period (75% vests at the end of the three-year performance period and 25% vests the following year). The following table presents the total shareholder return component of the long-term compensation awards for the four years ended December 31, 2021: 2021 Award 2020 Award 2019 Award 2018 Award Grant date 2/25/2021 3/6/2020 3/7/2019 6/1/2018 Performance period 1/1/21 - 12/31/23 1/1/20 - 12/31/22 1/1/19 - 12/31/21 1/1/18 - 12/31/20 Range of earnable shares - low end of range — — — — Range of earnable shares - high end of range 36,400 25,261 33,442 27,086 Shares determined N/A (1) N/A (1) N/A (1) 27,086 (1) The performance conditions for this award have not yet been satisfied and the number of shares have not yet been determined. The long term awards subject only to continuing employment are expensed on a straight-line basis over the requisite service period (25% vests in each of the following four 2021 Award 2020 Award 2019 Award 2018 Award Grant date 2/25/2021 3/6/2020 3/7/2019 6/1/2018 Shares granted 7,801 7,217 9,947 7,884 Grant date share price $ 138.93 131.36 105.97 95.19 Annual equity compensation awards The annual equity compensation awards include components based on certain annual Company performance measures and individual annual performance goals over the upcoming year. The certain Company performance measures for 2021 are: (i) funds from operations “FFO” per share, (ii) cash same property net operating income change, (iii) debt-to-EBITDAre ratio, and (iv) fixed charge coverage. The Company begins recognizing expense for its estimate of the shares that could be earned pursuant to these awards on the grant date; the expense is adjusted to estimated performance levels during the performance period and to actual upon the determination of the awards. The shares are expensed using the graded vesting attribution method which recognizes each separate vesting portion of the award as a separate award on a straight-line basis over the requisite service period (34% vests at the end of the one two The following table presents the Company performance measures component of the annual equity compensation awards for the three years ended December 31, 2021: 2021 Award 2020 Award 2019 Award (1) (2) 2019 Award (2) Grant date 2/25/2021 3/6/2020 8/28/2019 3/7/2019 Performance period 1/1/21 - 12/31/21 1/1/20 - 12/31/20 1/1/19 - 12/31/19 1/1/19 - 12/31/19 Range of earnable shares - low end of range — — — — Range of earnable shares - high end of range 19,052 19,282 15,990 9,594 Shares determined N/A (3) 18,380 15,990 9,162 Grant date share price $ 138.93 131.36 122.61 105.97 (1) The 2019 annual award had a separate component for the Company’s FFO per share for 2019. (2) The 2019 annual award vested 20% at the end of the one-year performance period and 20% in each of the following four (3) The performance conditions for this award have not yet been satisfied and the number of shares have not yet been determined. Any shares issued pursuant to the individual annual performance goals are determined by the Committee in its discretion following the performance period. The Company begins recognizing the expense for the shares on the grant date and expenses on a straight-line basis over the remaining service period (34% vests at the end of the one two The following table presents the individual performance goals component of the annual equity compensation awards for the three years ended December 31, 2021: 2021 Award 2020 Award 2019 Award (1) Grant date N/A (2) 2/17/2021 2/13/2020 Performance period 1/1/21 - 12/31/21 1/1/20 - 12/31/20 1/1/19 - 12/31/19 Range of earnable shares - low end of range — — — Range of earnable shares - high end of range 4,756 4,812 6,394 Shares determined N/A (2) 4,156 5,860 Grant date share price N/A (2) $ 142.89 141.63 (1) The 2019 annual award vested 20% at the end of the one-year performance period and 20% in each of the following four (2) The performance conditions for this award have not yet been satisfied and the grant date and number of shares have not yet been determined. Equity compensation is also awarded to the Company’s non-executive officers, which are subject to service only conditions and expensed on a straight-line basis over the requisite service period (20% vests in each of the following five 2021 Award 2020 Award 2019 Award Grant date 7/7/2021 5/6/2020 5/14/2019 Shares granted 9,200 12,300 10,175 Grant date share price $ 168.35 105.30 112.14 The Committee has adopted an Equity Award Retirement Policy (the “retirement policy”) which allows for accelerated vesting of unvested shares for retirement-eligible employees (defined as employees who meet certain age and years of service requirements). In order to qualify for accelerated vesting upon retirement, the eligible employees must provide required notification under the retirement policy and must retire from the Company. The Company has adjusted its stock-based compensation expense to accelerate the recognition of expense for retirement-eligible employees. Stock-based compensation cost for employees was $9,136,000, $7,605,000 and $8,647,000 for 2021, 2020 and 2019, respectively, of which $2,336,000, $1,923,000 and $2,536,000 were capitalized as part of the Company’s development costs for the respective years. As of December 31, 2021, there was $4,444,000 of unrecognized compensation cost related to unvested restricted stock compensation for employees and directors that is expected to be recognized over a weighted average period of 2.6 years. During the restricted period for awards no longer subject to contingencies, dividends are accrued based upon the number of shares expected to be awarded. As of December 31, 2021, 2020 and 2019, accrued dividends on unvested restricted stock were $1,585,000, $1,433,000 and $1,618,000, respectively. Of the shares that vested in 2021, 2020 and 2019, 30,252 shares, 36,445 shares and 28,955 shares, respectively, were withheld by the Company to satisfy the tax obligations for those employees who elected this option as permitted under the applicable equity plan. Following is a summary of the total restricted shares granted, forfeited and delivered (vested) to employees with the related weighted average grant date fair value share prices for 2021, 2020 and 2019. As of the grant dates, the aggregate fair value of shares that were granted during 2021, 2020 and 2019 was $7,682,000, $7,028,000 and $5,672,000, respectively. As of the vesting dates, the aggregate fair value of shares that vested during 2021, 2020 and 2019 was $10,322,000, $11,754,000 and $6,662,000, respectively. Restricted Stock Activity: Years Ended December 31, 2021 2020 2019 Shares Weighted Average Shares Weighted Average Shares Weighted Average Unvested at beginning of year 113,125 $ 100.86 130,884 $ 82.78 143,314 $ 70.26 Granted (1) (2) 66,623 115.30 69,446 101.19 59,943 94.62 Forfeited — — (440) 112.14 (3,010) 86.19 Vested (73,692) 91.59 (86,765) 73.80 (69,363) 66.99 Unvested at end of year 106,056 116.37 113,125 100.86 130,884 82.78 (1) Includes shares granted in prior years for which performance conditions have been satisfied and the number of shares have been determined. (2) Does not include the restricted shares that may be earned if the performance goals established in 2019 and 2020 for long-term performance and in 2021 for annual and long-term performance are achieved. Depending on the actual level of achievement of the goals at the end of the open performance periods, the number of shares earned could range from zero to 118,911. Following is a vesting schedule of the total unvested shares for employees as of December 31, 2021: Unvested Shares Vesting Schedule Number of Shares 2022 49,155 2023 33,123 2024 15,690 2025 6,248 2026 1,840 Total Unvested Shares 106,056 Directors Equity Awards The Board of Directors has adopted a policy under the 2013 Equity Plan pursuant to which awards will be made to non-employee Directors. The current policy provides that the Company shall automatically award an annual retainer share award to each non-employee Director who has been elected or reelected as a member of the Board of Directors at the Annual Meeting. The number of shares shall be equal to $100,000 divided by the fair market value of a share on the date of such election. If a non-employee Director is elected or appointed to the Board of Directors other than at an Annual Meeting of the Company, the annual retainer share award shall be pro rated. The policy also provides that each new non-employee Director appointed or elected will receive an automatic award of restricted shares of Common Stock on the effective date of election or appointment equal to $25,000 divided by the fair market value of the Company’s Common Stock on such date. These restricted shares will vest 25% per year over a four-year period upon the performance of future service as a Director, subject to certain exceptions. The shares are expensed on a straight-line basis over the service period. Directors were issued 4,466 shares, 8,182 shares and 6,384 shares of common stock as annual retainer awards for 2021, 2020 and 2019, respectively. Stock-based compensation expense for directors was $711,000, $897,000 and $727,000 for 2021, 2020 and 2019, respectively. Following is a summary of the total restricted shares granted, forfeited and delivered (vested) to directors with the related weighted average grant date fair value share prices for 2021, 2020 and 2019. As of the vesting dates, the fair value of shares that vested during 2021, 2020 and 2019 was $21,000, $9,000 and $9,000, respectively. Restricted Stock Activity: Years Ended December 31, 2021 2020 2019 Shares Weighted Average Shares Weighted Average Shares Weighted Average Unvested at beginning of year 278 $ 112.45 140 $ 88.86 211 $ 88.86 Granted — — 208 120.39 — — Forfeited — — — — — — Vested (122) 102.30 (70) 88.86 (71) 88.86 Unvested at end of year 156 120.39 278 112.45 140 88.86

COMPREHENSIVE INCOME

COMPREHENSIVE INCOME	12 Months Ended
	Dec. 31, 2021
Other Comprehensive Income (Loss), Net of Tax [Abstract]
COMPREHENSIVE INCOME	COMPREHENSIVE INCOME Total Comprehensive Income is comprised of net income plus all other changes in equity from non-owner sources and is presented on the Consolidated Statements of Income and Comprehensive Income. The components of Accumulated other comprehensive income (loss) for 2021, 2020 and 2019 are presented in the Company’s Consolidated Statements of Changes in Equity and are summarized below. See Note 12 for information regarding the Company’s interest rate swaps. Years Ended December 31, 2021 2020 2019 ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS): (In thousands) Balance at beginning of year $ (10,752) 2,807 6,701 Other comprehensive income (loss) - interest rate swaps 12,054 (13,559) (3,894) Balance at end of year $ 1,302 (10,752) 2,807

DERIVATIVE INSTRUMENTS AND HEDG

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES	12 Months Ended
	Dec. 31, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]
DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES	DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES The Company is exposed to certain risks arising from both its business operations and economic conditions. The Company principally manages its exposures to a wide variety of business and operational risks through management of its core business activities. The Company manages economic risk, including interest rate, liquidity and credit risk primarily by managing the amount, sources and duration of its debt funding and, to a limited extent, the use of derivative instruments. Specifically, the Company has entered into derivative instruments to manage exposures that arise from business activities that result in the payment of future known and uncertain cash amounts, the value of which are determined by interest rates. The Company’s derivative instruments, described below, are used to manage differences in the amount, timing and duration of the Company’s known or expected cash payments principally related to certain of the Company’s borrowings. The Company’s objective in using interest rate derivatives is to change variable interest rates to fixed interest rates by using interest rate swaps. Interest rate swaps designated as cash flow hedges involve the receipt of variable rate amounts from a counterparty in exchange for the Company making fixed rate payments over the life of the agreements without exchange of the underlying notional amount. As of December 31, 2021, EastGroup had five interest rate swaps outstanding, all of which are used to hedge the variable cash flows associated with unsecured loans. All of the Company’s interest rate swaps convert the related loans’ LIBOR rate components to effectively fixed interest rates, and the Company has concluded that each of the hedging relationships is highly effective. The changes in the fair value of derivatives designated and qualifying as cash flow hedges are recorded in Other comprehensive income (loss) and are subsequently reclassified into earnings through Interest expense as interest payments are made or received on the Company’s variable rate debt in the period that the hedged forecasted transaction affects earnings. The Company estimates that an additional $1,993,000 will be reclassified from Accumulated other comprehensive income (loss) as an increase to Interest expense over the next twelve months. The Company’s valuation methodology for over-the-counter (“OTC”) derivatives is to discount cash flows based on Overnight Index Swap (“OIS”) rates. Uncollateralized or partially-collateralized trades are discounted at OIS rates, but include appropriate economic adjustments for funding costs (i.e., a LIBOR-OIS basis adjustment to approximate uncollateralized cost of funds) and credit risk. The Company calculates its derivative values using mid-market prices. In July 2017, the Financial Conduct Authority (“FCA”) announced it intended to stop compelling banks to submit rates for the calculation of LIBOR after 2021. In March 2021, the ICE Benchmark Administration, the administrator of LIBOR, announced its intention to cease publication of certain LIBOR settings after 2021, while continuing to publish overnight and one-, three-, six-, and twelve-month U.S. dollar LIBOR rates through June 30, 2023. While this announcement extended the transition period to June 2023, the United States Federal Reserve Board and other regulatory bodies concurrently issued guidance encouraging banks and other financial market participants to cease entering into new contracts that use U.S. dollar LIBOR as a reference rate as soon as practicable and in any event no later than December 31, 2021. In the U.S., the Alternative Reference Rates Committee (“AARC”), which was convened by the Federal Reserve Board and the Federal Reserve Bank of New York, has recommended that the Secured Overnight Financing Rate (“SOFR”) plus a recommended spread adjustment as its preferred alternative to USD-LIBOR. There are significant differences between LIBOR and SOFR, such as LIBOR being an unsecured lending rate while SOFR is a secured rate, and SOFR is an overnight rate while LIBOR reflects term rates at different maturities. We expect that all LIBOR settings relevant to us will cease to be published or will no longer be representative after June 30, 2023. As a result, any of our LIBOR-based borrowings that extend beyond such date will need to be converted to a replacement rate. Certain risks may arise in connection with transitioning contracts to SOFR or any other alternative variable rate, including any resulting value transfer that may occur. The value of loans, securities, or derivative instruments tied to LIBOR could also be impacted. The Company’s unsecured bank credit facilities, senior unsecured term loans and interest rate swap contracts are indexed to LIBOR and include provisions for a replacement rate which we believe will be substantially equivalent to the all-in LIBOR-based interest rate in effect prior to its replacement. Therefore, the Company believes the transition will not have a material impact on our consolidated financial statements. The Company is continuously monitoring and evaluating the related risks, which include interest on loans and amounts received and paid on derivative instruments. These risks arise in connection with transitioning contracts to a new alternative rate, including any resulting value transfer that may occur. The value of loans or derivative instruments tied to LIBOR could also be impacted if LIBOR is limited or discontinued as interest rates may be adversely affected. While we expect LIBOR to be available in substantially its current form until June 30, 2023, it is possible that LIBOR will become unavailable prior to that point. This could result, for example, if sufficient banks decline to make submissions to the LIBOR administrator. In that case, the risks associated with the transition to an alternative reference rate will be accelerated and magnified. In March 2020, the FASB issued ASU 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting . ASU 2020-04 contains practical expedients for reference rate reform related activities that impact debt, leases, derivatives and other contracts. The guidance in ASU 2020-04 is optional and may be elected over time as reference rate reform activities occur. The Company elected to apply the hedge accounting expedients related to probability and the assessments of effectiveness for future LIBOR-indexed cash flows to assume that the index upon which future hedged transactions will be based matches the index on the corresponding derivatives. Application of these expedients preserves the presentation of derivatives consistent with past presentation. The Company continues to evaluate the impact of the guidance and may apply other elections as applicable as additional changes in the market occur. As of December 31, 2021 and 2020, the Company had the following outstanding interest rate derivatives that are designated as cash flow hedges of interest rate risk: Interest Rate Derivative Notional Amount as of December 31, 2021 Notional Amount as of December 31, 2020 (In thousands) Interest Rate Swap — $40,000 Interest Rate Swap $75,000 $75,000 Interest Rate Swap $65,000 $65,000 Interest Rate Swap $100,000 $100,000 Interest Rate Swap $100,000 $100,000 Interest Rate Swap $50,000 — The table below presents the fair value of the Company’s derivative financial instruments as well as their classification on the Consolidated Balance Sheets as of December 31, 2021 and 2020. See Note 16 for additional information on the fair value of the Company’s interest rate swaps. Derivatives As of December 31, 2021 Derivatives As of December 31, 2020 Balance Sheet Location Fair Value Balance Sheet Location Fair Value (In thousands) Derivatives designated as cash flow hedges: Interest rate swap assets Other assets $ 2,237 Other assets $ — Interest rate swap liabilities Other liabilities 935 Other liabilities 10,752 The table below presents the effect of the Company’s derivative financial instruments on the Consolidated Statements of Income and Comprehensive Income for the years ended December 31, 2021, 2020 and 2019: Years Ended December 31, 2021 2020 2019 (In thousands) DERIVATIVES IN CASH FLOW HEDGING RELATIONSHIPS Interest Rate Swaps: Amount of income (loss) recognized in Other comprehensive income (loss) on derivatives $ 7,747 (17,364) (1,975) Amount of (income) loss reclassified from Accumulated other comprehensive income (loss) into Interest expense 4,307 3,805 (1,919) See Note 11 for additional information on the Company’s Accumulated other comprehensive income (loss) resulting from its interest rate swaps. Derivative financial agreements expose the Company to credit risk in the event of non-performance by the counterparties under the terms of the interest rate hedge agreements. The Company believes it minimizes the credit risk by transacting with financial institutions the Company regards as credit-worthy.

EARNINGS PER SHARE

EARNINGS PER SHARE	12 Months Ended
	Dec. 31, 2021
Earnings Per Share [Abstract]
EARNINGS PER SHARE	EARNINGS PER SHARE The Company applies ASC 260, Earnings Per Share , which requires companies to present basic and diluted EPS. Reconciliation of the numerators and denominators in the basic and diluted EPS computations is as follows: 2021 2020 2019 (In thousands) BASIC EPS COMPUTATION FOR NET INCOME ATTRIBUTABLE TO Numerator – net income attributable to common stockholders $ 157,557 108,363 121,662 Denominator – weighted average shares outstanding 40,255 39,185 37,442 DILUTED EPS COMPUTATION FOR NET INCOME ATTRIBUTABLE Numerator – net income attributable to common stockholders $ 157,557 108,363 121,662 Denominator: Weighted average shares outstanding 40,255 39,185 37,442 Unvested restricted stock 122 111 85 Total Shares 40,377 39,296 37,527

DEFINED CONTRIBUTION PLAN

DEFINED CONTRIBUTION PLAN	12 Months Ended
	Dec. 31, 2021
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Abstract]
DEFINED CONTRIBUTION PLAN	DEFINED CONTRIBUTION PLANEastGroup maintains a 401(k) plan for its employees.  The Company makes matching contributions of 50% of the employee’s contribution (limited to 10% of compensation as defined by the plan) and may also make annual discretionary contributions.  The Company’s total expense for this plan was $1,106,000, $851,000 and $786,000 for 2021, 2020 and 2019, respectively.

LEGAL MATTERS

LEGAL MATTERS	12 Months Ended
	Dec. 31, 2021
Loss Contingency [Abstract]
LEGAL MATTERS	LEGAL MATTERS The Company is not presently involved in any material litigation nor, to its knowledge, is any material litigation threatened against the Company or its properties, other than routine litigation arising in the ordinary course of business.

FAIR VALUE OF FINANCIAL INSTRUM

FAIR VALUE OF FINANCIAL INSTRUMENTS	12 Months Ended
	Dec. 31, 2021
Fair Value Disclosures [Abstract]
FAIR VALUE OF FINANCIAL INSTRUMENTS	FAIR VALUE OF FINANCIAL INSTRUMENTS ASC 820, Fair Value Measurement, defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. ASC 820 also provides guidance for using fair value to measure financial assets and liabilities. The Codification requires disclosure of the level within the fair value hierarchy in which the fair value measurements fall, including measurements using quoted prices in active markets for identical assets or liabilities (Level 1), quoted prices for similar instruments in active markets or quoted prices for identical or similar instruments in markets that are not active (Level 2), and significant valuation assumptions that are not readily observable in the market (Level 3). The following table presents the carrying amounts and estimated fair values of the Company’s financial instruments in accordance with ASC 820 at December 31, 2021 and 2020. December 31, 2021 2020 Carrying Amount (1) Fair Carrying Amount (1) Fair (In thousands) Financial Assets: Cash and cash equivalents $ 4,393 4,393 21 21 Interest rate swap assets 2,237 2,237 — — Financial Liabilities: Unsecured bank credit facilities - variable rate (2) 209,210 209,202 125,000 124,820 Unsecured debt (2) 1,245,000 1,267,702 1,110,000 1,141,803 Secured debt (2) 2,156 2,269 79,096 80,435 Interest rate swap liabilities 935 935 10,752 10,752 (1) Carrying amounts shown in the table are included in the Consolidated Balance Sheets under the indicated captions, except as indicated in the notes below. (2) Carrying amounts and fair values shown in the table exclude debt issuance costs (see Notes 5 and 6 for additional information). The following methods and assumptions were used to estimate the fair value of each class of financial instruments: Cash and cash equivalents: The carrying amounts approximate fair value due to the short maturity of those instruments. Interest rate swap assets (included in Other assets on the Consolidated Balance Sheets): The instruments are recorded at fair value based on models using inputs, such as interest rate yield curves, LIBOR swap curves and OIS curves, observable for substantially the full term of the contract (Level 2 input). See Note 12 for additional information on the Company’s interest rate swaps. Unsecured bank credit facilities: The fair value of the Company’s unsecured bank credit facilities is estimated by discounting expected cash flows at current market rates (Level 2 input), excluding the effects of debt issuance costs. Unsecured debt: The fair value of the Company’s unsecured debt is estimated by discounting expected cash flows at the rates currently offered to the Company for debt of the same remaining maturities, as advised by the Company’s bankers (Level 2 input), excluding the effects of debt issuance costs. Secured debt: The fair value of the Company’s secured debt is estimated by discounting expected cash flows at the rates currently offered to the Company for debt of the same remaining maturities, as advised by the Company’s bankers (Level 2 input), excluding the effects of debt issuance costs. Interest rate swap liabilities (included in Other liabilities on the Consolidated Balance Sheets): The instruments are recorded at fair value based on models using inputs, such as interest rate yield curves, LIBOR swap curves and OIS curves, observable for substantially the full term of the contract (Level 2 input). See Note 12 for additional information on the Company’s interest rate swaps.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	12 Months Ended
	Dec. 31, 2021
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	SUBSEQUENT EVENTS Subsequent to year-end, the Company sold Metro Business Park, a five-building, 189,000 square foot service center located in Phoenix, for $33.5 million. The Company expects to record a gain on the sale in the three months ended March 31, 2022. Also subsequent to year-end, EastGroup closed on the acquisition of 50 acres of development land in the Mesa submarket of Phoenix, Arizona for approximately $13.6 million. In January 2022, the Company and a group of lenders agreed to terms on the private placement of $150 million of senior unsecured notes with a fixed interest rate of 3.03% and a 10-year term. The notes dated February 3, 2022, are expected to be issued and sold in April 2022 and require interest-only payments. The notes will not be and have not been registered under the Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. Also subsequent to year-end, the Company agreed to terms on a $100 million senior unsecured term loan with interest only payments, which bears interest at the annual rate of SOFR plus an applicable margin based on the Company’s senior unsecured long-term debt rating. The loan is expected to close on March 31, 2022 with a maturity date of September 29, 2028, providing a 6.5 year term. The Company also entered into an interest rate swap agreement to convert the loan’s SOFR rate component to a fixed interest rate for the entire term of the loan, providing a total effective fixed interest rate of 3.06%.

SCHEDULE III

SCHEDULE III	12 Months Ended
	Dec. 31, 2021
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation Disclosure [Abstract]
SCHEDULE III	SCHEDULE III REAL ESTATE PROPERTIES AND ACCUMULATED DEPRECIATION DECEMBER 31, 2021 (In thousands, except footnotes) Description Encumbrances Initial Cost to the Company Costs Gross Amount Carried at Close of Period Accumulated Depreciation Year Acquired Year Constructed Land Buildings and Improvements Land Buildings and Improvements Total Real Estate Properties (c): Industrial: FLORIDA Tampa Westport Commerce Center $ — 980 3,800 3,239 980 7,039 8,019 5,327 1994 1983/87 Benjamin Distribution Center 1 & 2 — 843 3,963 2,047 883 5,970 6,853 4,455 1997 1996 Benjamin Distribution Center 3 — 407 1,503 747 407 2,250 2,657 1,735 1999 1988 Palm River Center — 1,190 4,625 2,986 1,190 7,611 8,801 5,721 1997/98 1990/97/98 Palm River North 1 & 3 — 1,005 4,688 3,418 1,005 8,106 9,111 5,160 1998 2000 Palm River North 2 — 634 4,418 468 634 4,886 5,520 3,698 1997/98 1999 Palm River South 1 — 655 3,187 782 655 3,969 4,624 2,210 2000 2005 Palm River South 2 — 655 — 4,905 655 4,905 5,560 2,558 2000 2006 Walden Distribution Center 1 — 337 3,318 891 337 4,209 4,546 2,513 1997/98 2001 Walden Distribution Center 2 — 465 3,738 1,547 465 5,285 5,750 3,448 1998 1998 Oak Creek Distribution Center 1 — 1,109 6,126 1,487 1,109 7,613 8,722 4,957 1998 1998 Oak Creek Distribution Center 2 — 647 3,603 1,927 647 5,530 6,177 3,268 2003 2001 Oak Creek Distribution Center 3 — 439 — 3,270 556 3,153 3,709 1,515 2005 2007 Oak Creek Distribution Center 4 — 682 6,472 903 682 7,375 8,057 3,766 2005 2001 Oak Creek Distribution Center 5 — 724 — 6,078 916 5,886 6,802 2,935 2005 2007 Oak Creek Distribution Center 6 — 642 — 5,860 812 5,690 6,502 2,618 2005 2008 Oak Creek Distribution Center 7 — 740 — 6,399 740 6,399 7,139 922 2005 2017 Oak Creek Distribution Center 8 — 843 — 6,302 1,051 6,094 7,145 1,277 2005 2015 Oak Creek Distribution Center 9 — 618 — 5,187 781 5,024 5,805 1,928 2005 2009 Oak Creek Distribution Center A — 185 — 1,517 185 1,517 1,702 644 2005 2008 Oak Creek Distribution Center B — 227 — 1,574 227 1,574 1,801 669 2005 2008 Oak Creek Distribution Center C Land — 355 — 425 355 425 780 11 2005 n/a Airport Commerce Center — 1,257 4,012 1,147 1,257 5,159 6,416 3,249 1998 1998 Westlake Distribution Center — 1,333 6,998 2,849 1,333 9,847 11,180 6,598 1998 1998/99 Expressway Commerce Center 1 — 915 5,346 1,688 915 7,034 7,949 4,127 2002 2004 Expressway Commerce Center 2 — 1,013 3,247 1,066 1,013 4,313 5,326 2,470 2003 2001 SCHEDULE III REAL ESTATE PROPERTIES AND ACCUMULATED DEPRECIATION DECEMBER 31, 2021 (In thousands, except footnotes) Description Encumbrances Initial Cost to the Company Costs Gross Amount Carried at Close of Period Accumulated Depreciation Year Acquired Year Constructed Land Buildings and Improvements Land Buildings and Improvements Total Silo Bend Distribution Center — 4,131 27,497 5,665 4,132 33,161 37,293 10,408 2011 1987/90 Tampa East Distribution Center — 791 4,758 727 791 5,485 6,276 2,014 2011 1984 Tampa West Distribution Center — 2,139 8,502 1,776 2,140 10,277 12,417 3,361 2011 1975/93/94 Madison Distribution Center — 495 2,779 612 495 3,391 3,886 1,211 2012 2007 Madison Distribution Center 2 & 3 — 624 — 7,123 624 7,123 7,747 1,689 2012 2015 Madison Distribution Center 4 & 5 — 565 — 8,411 565 8,411 8,976 1,831 2012 2016 Grand Oaks 75 Business Center 1 — 3,572 12,979 105 3,572 13,084 16,656 1,100 2019 2017 Grand Oaks 75 Business Center 2 — 2,589 10,226 2,329 2,589 12,555 15,144 753 2019 2019 Orlando Chancellor Center — 291 1,711 560 291 2,271 2,562 1,558 1996/97 1996/97 Exchange Distribution Center 1 — 603 2,414 2,441 603 4,855 5,458 3,786 1994 1975 Exchange Distribution Center 2 — 300 945 487 300 1,432 1,732 989 2002 1976 Exchange Distribution Center 3 — 320 997 450 320 1,447 1,767 1,021 2002 1980 Sunbelt Distribution Center — 1,472 5,745 6,223 1,472 11,968 13,440 9,810 1989/97/98 1974/87/97/98 John Young Commerce Center 1 — 497 2,444 1,615 497 4,059 4,556 2,696 1997/98 1997/98 John Young Commerce Center 2 — 512 3,613 606 512 4,219 4,731 3,036 1998 1999 Sunport Center 1 — 555 1,977 1,234 555 3,211 3,766 1,959 1999 1999 Sunport Center 2 — 597 3,271 2,288 597 5,559 6,156 4,026 1999 2001 Sunport Center 3 — 642 3,121 1,326 642 4,447 5,089 2,766 1999 2002 Sunport Center 4 — 642 2,917 2,259 642 5,176 5,818 3,169 1999 2004 Sunport Center 5 — 750 2,509 2,597 750 5,106 5,856 3,183 1999 2005 Sunport Center 6 — 672 — 3,789 672 3,789 4,461 1,808 1999 2006 Southridge Commerce Park 1 — 373 — 5,279 373 5,279 5,652 3,343 2003 2006 Southridge Commerce Park 2 — 342 — 4,766 342 4,766 5,108 2,605 2003 2007 Southridge Commerce Park 3 — 547 — 5,756 547 5,756 6,303 2,785 2003 2007 Southridge Commerce Park 4 — 506 — 4,980 506 4,980 5,486 2,364 2003 2006 Southridge Commerce Park 5 — 382 — 4,548 382 4,548 4,930 2,525 2003 2006 Southridge Commerce Park 6 — 571 — 5,579 571 5,579 6,150 2,543 2003 2007 Southridge Commerce Park 7 — 520 — 6,787 520 6,787 7,307 3,147 2003 2008 Southridge Commerce Park 8 — 531 — 6,730 531 6,730 7,261 2,521 2003 2008 SCHEDULE III REAL ESTATE PROPERTIES AND ACCUMULATED DEPRECIATION DECEMBER 31, 2021 (In thousands, except footnotes) Description Encumbrances Initial Cost to the Company Costs Gross Amount Carried at Close of Period Accumulated Depreciation Year Acquired Year Constructed Land Buildings and Improvements Land Buildings and Improvements Total Southridge Commerce Park 9 — 468 — 6,462 468 6,462 6,930 2,512 2003 2012 Southridge Commerce Park 10 — 414 — 4,879 414 4,879 5,293 1,467 2003 2012 Southridge Commerce Park 11 — 513 — 5,939 513 5,939 6,452 1,921 2003 2012 Southridge Commerce Park 12 — 2,025 — 17,237 2,025 17,237 19,262 6,468 2005 2008 Horizon Commerce Park 1 — 991 — 6,605 991 6,605 7,596 1,852 2008 2014 Horizon Commerce Park 2 — 1,111 — 7,257 1,111 7,257 8,368 1,934 2008 2014 Horizon Commerce Park 3 — 991 — 6,583 991 6,583 7,574 1,442 2008 2016 Horizon Commerce Park 4 — 1,097 — 8,612 1,097 8,612 9,709 1,999 2008 2015 Horizon Commerce Park 5 — 1,108 — 8,608 1,108 8,608 9,716 1,508 2008 2017 Horizon Commerce Park 6 — 1,099 — 11,131 1,099 11,131 12,230 1,286 2008 2019 Horizon Commerce Park 7 — 962 — 7,641 962 7,641 8,603 1,598 2008 2017 Horizon Commerce Park 8 & 9 — 1,590 — 16,628 1,590 16,628 18,218 1,129 2008 2019 Horizon Commerce Park 10 — 846 — 6,601 846 6,601 7,447 951 2009 2018 Horizon Commerce Park 11 — 1,101 — 9,877 1,101 9,877 10,978 918 2009 2019 Horizon Commerce Park 12 — 1,416 — 10,581 1,416 10,581 11,997 1,540 2009 2017 Jacksonville Deerwood Distribution Center — 1,147 1,799 6,541 1,147 8,340 9,487 4,363 1989 1978 Phillips Distribution Center — 1,375 2,961 5,229 1,375 8,190 9,565 6,098 1994 1984/95 Lake Pointe Business Park — 3,442 6,450 10,983 3,442 17,433 20,875 13,437 1993 1986/87 Ellis Distribution Center — 540 7,513 4,237 540 11,750 12,290 5,596 1997 1977 Westside Distribution Center — 2,011 15,374 10,134 2,011 25,508 27,519 15,310 1997/2008 1984/85 Beach Commerce Center — 476 1,899 898 476 2,797 3,273 1,696 2000 2000 Interstate Distribution Center — 1,879 5,700 2,318 1,879 8,018 9,897 5,042 2005 1990 Flagler Center — 7,317 14,912 1,307 7,317 16,219 23,536 2,830 2016 1997 & 2005 Ft. Lauderdale/Palm Beach area Linpro Commerce Center — 613 2,243 3,722 616 5,962 6,578 4,360 1996 1986 Cypress Creek Business Park — — 2,465 2,945 — 5,410 5,410 3,709 1997 1986 Lockhart Distribution Center — — 3,489 3,379 — 6,868 6,868 5,177 1997 1986 Interstate Commerce Center — 485 2,652 2,025 485 4,677 5,162 2,806 1998 1988 Executive Airport Distribution Ctr — 1,991 4,857 6,552 1,991 11,409 13,400 5,943 2001 2004/06 Sample 95 Business Park — 2,202 8,785 5,197 2,202 13,982 16,184 9,067 1996/98 1990/99 SCHEDULE III REAL ESTATE PROPERTIES AND ACCUMULATED DEPRECIATION DECEMBER 31, 2021 (In thousands, except footnotes) Description Encumbrances Initial Cost to the Company Costs Gross Amount Carried at Close of Period Accumulated Depreciation Year Acquired Year Constructed Land Buildings and Improvements Land Buildings and Improvements Total Blue Heron Distribution Center — 975 3,626 2,881 975 6,507 7,482 4,254 1999 1986 Blue Heron Distribution Center 2 — 1,385 4,222 2,188 1,385 6,410 7,795 3,675 2004 1988 Blue Heron Distribution Center 3 — 450 — 2,899 450 2,899 3,349 1,266 2004 2009 Weston Commerce Park — 4,163 9,951 1,740 4,163 11,691 15,854 1,888 2016 1998 Ft. Myers SunCoast Commerce Center 1 — 911 — 4,841 928 4,824 5,752 2,173 2005 2008 SunCoast Commerce Center 2 — 911 — 5,037 928 5,020 5,948 2,424 2005 2007 SunCoast Commerce Center 3 — 1,720 — 6,720 1,763 6,677 8,440 2,912 2006 2008 SunCoast Commerce Center 4 — 1,733 — 7,548 1,762 7,519 9,281 1,307 2006 2017 SunCoast Commerce Center 5 — 1,511 — 6,737 1,594 6,654 8,248 823 2006 2019 SunCoast Commerce Center 6 — 1,537 — 7,080 1,594 7,023 8,617 557 2006 2019 SunCoast Commerce Center 7 — 1,533 — 7,041 1,533 7,041 8,574 136 2006 2020 SunCoast Commerce Center 8 — 1,533 — 6,789 1,533 6,789 8,322 492 2006 2020 Miami Gateway Commerce Park 1 — 5,746 — 17,726 5,746 17,726 23,472 2,145 2016 2018 Gateway Commerce Park 4 — 4,711 — 20,013 4,711 20,013 24,724 314 2016 2020 Gateway Commerce Park 5 — 5,746 — 18,221 5,357 18,610 23,967 1,794 2016 2019 CALIFORNIA San Francisco area Wiegman Distribution Center 1 — 2,197 8,788 2,711 2,308 11,388 13,696 7,583 1996 1986/87 Wiegman Distribution Center 2 — 2,579 4,316 152 2,579 4,468 7,047 1,195 2012 1998 Huntwood Distribution Center — 3,842 15,368 4,088 3,842 19,456 23,298 13,133 1996 1988 San Clemente Distribution Center — 893 2,004 967 893 2,971 3,864 2,153 1997 1978 Yosemite Distribution Center — 259 7,058 2,072 731 8,658 9,389 5,700 1999 1974/87 Los Angeles area Eucalyptus Distribution Center — 11,392 11,498 803 11,392 12,301 23,693 1,395 2018 1988 Kingsview Industrial Center — 643 2,573 812 643 3,385 4,028 2,367 1996 1980 Dominguez Distribution Center — 2,006 8,025 4,014 2,006 12,039 14,045 6,441 1996 1977 Main Street Distribution Center — 1,606 4,103 1,013 1,606 5,116 6,722 3,251 1999 1999 Walnut Business Center — 2,885 5,274 2,641 2,885 7,915 10,800 5,489 1996 1966/90 SCHEDULE III REAL ESTATE PROPERTIES AND ACCUMULATED DEPRECIATION DECEMBER 31, 2021 (In thousands, except footnotes) Description Encumbrances Initial Cost to the Company Costs Gross Amount Carried at Close of Period Accumulated Depreciation Year Acquired Year Constructed Land Buildings and Improvements Land Buildings and Improvements Total Washington Distribution Center — 1,636 4,900 840 1,636 5,740 7,376 3,728 1997 1996/97 Chino Distribution Center — 2,544 10,175 1,623 2,544 11,798 14,342 9,600 1998 1980 Ramona Distribution Center 2,156 3,761 5,751 160 3,761 5,911 9,672 1,157 2014 1984 Industry Distribution Center 1 — 10,230 12,373 4,890 10,230 17,263 27,493 11,348 1998 1959 Industry Distribution Center 3 — — 3,012 (157) — 2,855 2,855 2,855 2007 1992 Chestnut Business Center — 1,674 3,465 409 1,674 3,874 5,548 2,328 1998 1999 Los Angeles Corporate Center — 1,363 5,453 4,364 1,363 9,817 11,180 6,796 1996 1986 Fresno Shaw Commerce Center — 2,465 11,627 8,059 2,465 19,686 22,151 13,535 1998 1978/81/87 San Diego Eastlake Distribution Center — 3,046 6,888 2,039 3,046 8,927 11,973 6,239 1997 1989 Miramar Land — 13,980 — 29 13,981 28 14,009 1 2019 n/a Ocean View Corporate Center — 6,577 7,105 1,871 6,577 8,976 15,553 3,778 2010 2005 Rancho Distribution Center — 16,180 11,140 326 16,180 11,466 27,646 511 2020 2006 Rocky Point Distribution Center 1 — 8,857 13,388 1 8,857 13,389 22,246 1,281 2019 2019 Rocky Point Distribution Center 2 — 7,623 11,614 1,423 7,623 13,037 20,660 542 2019 2019 Siempre Viva Distribution Center 1 — 4,628 9,211 368 4,628 9,579 14,207 916 2018 2003 Siempre Viva Distribution Center 2 — 2,868 5,694 125 2,877 5,810 8,687 419 2019 2002 TEXAS Dallas Allen Station 1 & 2 — 5,815 17,612 2,156 5,815 19,768 25,583 2,741 2018 2001 Arlington Tech Centre 1 & 2 — 2,510 10,096 3,307 2,515 13,398 15,913 626 2019 2019 Interstate Warehouse 1 & 2 — 1,746 4,941 3,934 1,746 8,875 10,621 7,558 1988 1978 Interstate Warehouse 3 — 519 2,008 1,674 519 3,682 4,201 2,729 2000 1979 Interstate Warehouse 4 — 416 2,481 899 416 3,380 3,796 1,950 2004 2002 Interstate Warehouse 5, 6, & 7 — 1,824 4,106 2,779 1,824 6,885 8,709 4,302 2009 1979/80/81 LakePort 1-3 — 2,984 — 21,208 2,984 21,208 24,192 317 2018 2020 Logistics Center 6 & 7 — — 12,605 3,219 — 15,824 15,824 1,479 2019 2018 Venture Warehouses — 1,452 3,762 2,889 1,452 6,651 8,103 5,811 1988 1979 ParkView Commerce Center 1-3 — 2,663 — 18,908 2,663 18,908 21,571 4,175 2014 2015 Shady Trail Distribution Center — 635 3,621 1,408 635 5,029 5,664 3,056 2003 1998 SCHEDULE III REAL ESTATE PROPERTIES AND ACCUMULATED DEPRECIATION DECEMBER 31, 2021 (In thousands, except footnotes) Description Encumbrances Initial Cost to the Company Costs Gross Amount Carried at Close of Period Accumulated Depreciation Year Acquired Year Constructed Land Buildings and Improvements Land Buildings and Improvements Total Valwood Distribution Center — 4,361 34,405 4,469 4,361 38,874 43,235 13,168 2012 1986/87/97/98 Northfield Distribution Center — 12,470 50,713 8,133 12,471 58,845 71,316 19,098 2013 1999-2001/03/04/08 Parc North 1-4 — 4,615 26,358 6,421 4,615 32,779 37,394 6,518 2016 2016 Parc North 5 — 1,286 — 7,966 1,286 7,966 9,252 789 2016 2019 Parc North 6 — 1,233 — 9,537 1,233 9,537 10,770 741 2016 2019 CreekView 1 & 2 — 3,275 — 14,883 3,275 14,883 18,158 3,279 2015 2017 CreekView 3 & 4 — 2,600 — 13,518 2,600 13,518 16,118 2,214 2015 2018 CreekView 5 & 6 — 2,682 — 12,910 2,681 12,911 15,592 1,136 2016 2020 CreekView 7 & 8 — 2,640 — 15,047 2,640 15,047 17,687 606 2016 2020 The Rock at Star Business Park — 5,296 27,223 294 5,296 27,517 32,813 1,735 2020 2019 DFW Global Logistics Centre — — 86,564 68 — 86,632 86,632 1,106 2021 2014/15 Houston World Houston Int’l Business Ctr 1 & 2 — 660 5,893 2,795 660 8,688 9,348 5,811 1998 1996 World Houston Int’l Business Ctr 3 & 4 — 820 5,130 874 707 6,117 6,824 3,900 1998 1998 World Houston Int’l Business Ctr 6 — 425 2,423 732 425 3,155 3,580 2,224 1998 1998 World Houston Int’l Business Ctr 7 & 8 — 680 4,584 5,600 680 10,184 10,864 6,964 1998 1998 World Houston Int’l Business Ctr 9 — 800 4,355 2,166 800 6,521 7,321 3,923 1998 1998 World Houston Int’l Business Ctr 10 — 933 4,779 904 933 5,683 6,616 3,348 2001 1999 World Houston Int’l Business Ctr 11 — 638 3,764 1,799 638 5,563 6,201 3,419 1999 1999 World Houston Int’l Business Ctr 12 — 340 2,419 383 340 2,802 3,142 1,855 2000 2002 World Houston Int’l Business Ctr 13 — 282 2,569 787 282 3,356 3,638 2,306 2000 2002 World Houston Int’l Business Ctr 14 — 722 2,629 1,350 722 3,979 4,701 2,542 2000 2003 World Houston Int’l Business Ctr 15 — 731 — 6,297 731 6,297 7,028 3,843 2000 2007 World Houston Int’l Business Ctr 16 — 519 4,248 1,840 519 6,088 6,607 3,594 2000 2005 World Houston Int’l Business Ctr 17 — 373 1,945 848 373 2,793 3,166 1,670 2000 2004 World Houston Int’l Business Ctr 19 — 373 2,256 1,327 373 3,583 3,956 2,219 2000 2004 World Houston Int’l Business Ctr 20 — 1,008 1,948 2,201 1,008 4,149 5,157 2,633 2000 2004 World Houston Int’l Business Ctr 21 — 436 — 4,142 436 4,142 4,578 2,053 2000/03 2006 World Houston Int’l Business Ctr 22 — 436 — 4,654 436 4,654 5,090 2,505 2000 2007 World Houston Int’l Business Ctr 23 — 910 — 7,438 910 7,438 8,348 3,788 2000 2007 SCHEDULE III REAL ESTATE PROPERTIES AND ACCUMULATED DEPRECIATION DECEMBER 31, 2021 (In thousands, except footnotes) Description Encumbrances Initial Cost to the Company Costs Gross Amount Carried at Close of Period Accumulated Depreciation Year Acquired Year Constructed Land Buildings and Improvements Land Buildings and Improvements Total World Houston Int’l Business Ctr 24 — 837 — 6,202 838 6,201 7,039 3,136 2005 2008 World Houston Int’l Business Ctr 25 — 508 — 4,486 508 4,486 4,994 2,137 2005 2008 World Houston Int’l Business Ctr 26 — 445 — 3,267 445 3,267 3,712 1,424 2005 2008 World Houston Int’l Business Ctr 27 — 837 — 5,202 838 5,201 6,039 2,600 2005 2008 World Houston Int’l Business Ctr 28 — 550 — 4,667 550 4,667 5,217 2,349 2005 2009 World Houston Int’l Business Ctr 29 — 782 — 4,179 974 3,987 4,961 1,680 2007 2009 World Houston Int’l Business Ctr 30 — 981 — 6,000 1,222 5,759 6,981 2,736 2007 2009 World Houston Int’l Business Ctr 31A — 684 — 4,186 684 4,186 4,870 2,019 2008 2011 World Houston Int’l Business Ctr 31B — 546 — 3,640 546 3,640 4,186 1,562 2008 2012 World Houston Int’l Business Ctr 32 — 1,225 — 5,655 1,526 5,354 6,880 1,880 2007 2012 World Houston Int’l Business Ctr 33 — 1,166 — 7,969 1,166 7,969 9,135 2,547 2011 2013 World Houston Int’l Business Ctr 34 — 439 — 3,453 439 3,453 3,892 1,153 2005 2012 World Houston Int’l Business Ctr 35 — 340 — 2,602 340 2,602 2,942 700 2005 2012 World Houston Int’l Business Ctr 36 — 684 — 4,959 684 4,959 5,643 1,738 2011 2013 World Houston Int’l Business Ctr 37 — 759 — 6,663 759 6,663 7,422 2,242 2011 2013 World Houston Int’l Business Ctr 38 — 1,053 — 7,881 1,053 7,881 8,934 2,495 2011 2013 World Houston Int’l Business Ctr 39 — 620 — 5,310 621 5,309 5,930 1,390 2011 2014 World Houston Int’l Business Ctr 40 — 1,072 — 9,426 1,072 9,426 10,498 2,305 2011 2014 World Houston Int’l Business Ctr 41 — 649 — 6,039 649 6,039 6,688 1,522 2011 2014 World Houston Int’l Business Ctr 42 — 571 — 4,814 571 4,814 5,385 1,073 2011 2015 World Houston Int’l Business Ctr 43 — 443 — 6,132 443 6,132 6,575 589 2011 2019 World Houston Int’l Business Ctr 44 — 653 — 8,579 653 8,579 9,232 245 2011 2020 World Houston Int’l Business Ctr 45 — 3,243 — 13,745 3,243 13,745 16,988 995 2015 2019 Glenmont Business Park — 936 6,161 3,661 937 9,821 10,758 6,250 1998 1999/2000 Beltway Crossing Business Park 1 — 458 5,712 3,264 458 8,976 9,434 5,576 2002 2001 Beltway Crossing Business Park 2 — 415 — 3,222 415 3,222 3,637 1,577 2005 2007 Beltway Crossing Business Park 3 — 460 — 3,331 460 3,331 3,791 1,688 2005 2008 Beltway Crossing Business Park 4 — 460 — 3,307 460 3,307 3,767 1,627 2005 2008 Beltway Crossing Business Park 5 — 701 — 5,339 701 5,339 6,040 2,709 2005 2008 Beltway Crossing Business Park 6 — 618 — 6,486 618 6,486 7,104 2,681 2005 2008 SCHEDULE III REAL ESTATE PROPERTIES AND ACCUMULATED DEPRECIATION DECEMBER 31, 2021 (In thousands, except footnotes) Description Encumbrances Initial Cost to the Company Costs Gross Amount Carried at Close of Period Accumulated Depreciation Year Acquired Year Constructed Land Buildings and Improvements Land Buildings and Improvements Total Beltway Crossing Business Park 7 — 765 — 6,217 765 6,217 6,982 2,875 2005 2009 Beltway Crossing Business Park 8 — 721 — 5,662 721 5,662 6,383 2,572 2005 2011 Beltway Crossing Business Park 9 — 418 — 2,141 418 2,141 2,559 741 2007 2012 Beltway Crossing Business Park 10 — 733 — 4,082 733 4,082 4,815 1,356 2007 2012 Beltway Crossing Business Park 11 — 690 — 4,604 690 4,604 5,294 1,310 2007 2013 West Road Business Park 1 — 621 — 4,103 541 4,183 4,724 1,278 2012 2014 West Road Business Park 2 — 981 — 4,819 854 4,946 5,800 1,338 2012 2014 West Road Business Park 3 — 597 — 4,222 520 4,299 4,819 853 2012 2015 West Road Business Park 4 — 621 — 4,650 541 4,730 5,271 1,352 2012 2015 West Road Business Park 5 — 484 — 4,373 421 4,436 4,857 802 2012 2018 Ten West Crossing 1 — 566 — 3,041 566 3,041 3,607 1,035 2012 2013 Ten West Crossing 2 — 829 — 4,533 833 4,529 5,362 1,822 2012 2013 Ten West Crossing 3 — 609 — 4,565 613 4,561 5,174 1,565 2012 2013 Ten West Crossing 4 — 694 — 4,569 699 4,564 5,263 1,599 2012 2014 Ten West Crossing 5 — 933 — 5,970 940 5,963 6,903 1,806 2012 2014 Ten West Crossing 6 — 640 — 4,733 644 4,729 5,373 1,298 2012 2014 Ten West Crossing 7 — 584 — 5,388 589 5,383 5,972 1,428 2012 2015 Ten West Crossing 8 — 1,126 — 9,449 1,135 9,440 10,575 936 2012 2019 Northwest Crossing 1-3 — 5,665 — 19,082 5,665 19,082 24,747 399 2019 2020 El Paso Butterfield Trail — — 20,725 9,897 — 30,622 30,622 22,448 1997/2000 1987/95 Rojas Commerce Park — 900 3,659 4,059 900 7,718 8,618 5,965 1999 1986 Americas Ten Business Center 1 — 526 2,778 1,741 526 4,519 5,045 2,686 2001 2003 San Antonio Alamo Downs Distribution Center — 1,342 6,338 1,861 1,342 8,199 9,541 5,218 2004 1986/2002 Arion Business Park 1-13, 15 — 4,143 31,432 10,530 4,143 41,962 46,105 23,091 2005 1988-2000/06 Arion Business Park 14 — 423 — 4,011 423 4,011 4,434 1,911 2005 2006 Arion Business Park 16 — 427 — 3,715 427 3,715 4,142 1,799 2005 2007 Arion Business Park 17 — 616 — 4,413 616 4,413 5,029 2,793 2005 2007 Arion Business Park 18 — 418 — 2,402 418 2,402 2,820 1,274 2005 2008 SCHEDULE III REAL ESTATE PROPERTIES AND ACCUMULATED DEPRECIATION DECEMBER 31, 2021 (In thousands, except footnotes) Description Encumbrances Initial Cost to the Company Costs Gross Amount Carried at Close of Period Accumulated Depreciation Year Acquired Year Constructed Land Buildings and Improvements Land Buildings and Improvements Total Wetmore Business Center 1-4 — 1,494 10,804 3,919 1,494 14,723 16,217 8,857 2005 1998/99 Wetmore Business Center 5 — 412 — 3,870 412 3,870 4,282 2,085 2006 2008 Wetmore Business Center 6 — 505 — 4,093 505 4,093 4,598 1,946 2006 2008 Wetmore Business Center 7 — 546 — 5,333 546 5,333 5,879 2,190 2006 2008 Wetmore Business Center 8 — 1,056 — 8,368 1,056 8,368 9,424 4,042 2006 2008 Fairgrounds Business Park — 1,644 8,209 2,720 1,644 10,929 12,573 6,222 2007 1985/86 Rittiman Distribution Center — 1,083 6,649 671 1,083 7,320 8,403 2,190 2011 2000 Thousand Oaks Distribution Center 1 — 607 — 4,954 607 4,954 5,561 1,904 2008 2012 Thousand Oaks Distribution Center 2 — 794 — 4,844 794 4,844 5,638 1,747 2008 2012 Thousand Oaks Distribution Center 3 — 772 — 4,651 772 4,651 5,423 1,645 2008 2013 Thousand Oaks Distribution Center 4 — 753 — 4,752 753 4,752 5,505 1,094 2013 2015 Alamo Ridge Business Park 1 — 623 — 8,313 623 8,313 8,936 2,757 2007 2015 Alamo Ridge Business Park 2 — 402 — 5,368 402 5,368 5,770 1,328 2007 2015 Alamo Ridge Business Park 3 — 907 — 10,144 907 10,144 11,051 1,782 2007 2017 Alamo Ridge Business Park 4 — 354 — 7,480 355 7,479 7,834 2,073 2007 2017 Eisenhauer Point Business Park 1 & 2 — 1,881 — 14,767 1,881 14,767 16,648 3,412 2015 2016 Eisenhauer Point Business Park 3 — 577 — 6,125 577 6,125 6,702 1,506 2015 2017 Eisenhauer Point Business Park 4 — 555 — 4,832 555 4,832 5,387 875 2015 2017 Eisenhauer Point Business Park 5 — 818 — 7,015 818 7,015 7,833 1,438 2015 2018 Eisenhauer Point Business Park 6 — 569 — 4,869 569 4,869 5,438 568 2015 2018 Eisenhauer Point Business Park 7 & 8 — 1,000 — 22,243 2,593 20,650 23,243 2,241 2016 2019 Eisenhauer Point Business Park 9 — 632 — 5,729 632 5,729 6,361 444 2016 2019 Tri-County Crossing 1 & 2 — 1,623 — 14,816 1,623 14,816 16,439 1,690 2017 2019 Tri-County Crossing 3 & 4 — 1,733 — 14,442 1,733 14,442 16,175 583 2017 2020 Ridgeview 1 & 2 — 2,004 — 18,545 2,004 18,545 20,549 368 2018 2020 Austin Colorado Crossing Distribution Center — 4,602 19,757 833 4,595 20,597 25,192 7,161 2014 2009 Greenhill Distribution Center — 802 3,273 328 802 3,601 4,403 436 2018 1999 Settlers Crossing 1 — 1,211 — 8,207 1,211 8,207 9,418 850 2017 2019 Settlers Crossing 2 — 1,306 — 7,553 1,306 7,553 8,859 1,007 2017 2019 Settlers Crossing 3 & 4 — 2,774 — 17,221 2,774 17,221 19,995 673 2017 2020 SCHEDULE III REAL ESTATE PROPERTIES AND ACCUMULATED DEPRECIATION DECEMBER 31, 2021 (In thousands, except footnotes) Description Encumbrances Initial Cost to the Company Costs Gross Amount Carried at Close of Period Accumulated Depreciation Year Acquired Year Constructed Land Buildings and Improvements Land Buildings and Improvements Total Southpark Corporate Center 3 & 4 — 2,670 14,756 1,921 2,670 16,677 19,347 4,922 2015 1995 Southpark Corporate Center 5-7 — 1,301 7,589 1,342 1,301 8,931 10,232 1,724 2017 1995 Springdale Business Center — 2,824 8,398 723 2,824 9,121 11,945 2,287 2015 2000 Texas Avenue — 4,143 — — 4,143 — 4,143 — 2021 1983 Wells Point One — 907 4,904 571 907 5,475 6,382 587 2020 2001 ARIZONA Phoenix area Broadway Industrial Park 1 — 837 3,349 2,932 837 6,281 7,118 3,755 1996 1971 Broadway Industrial Park 2 — 455 482 390 455 872 1,327 589 1999 1971 Broadway Industrial Park 3 — 775 1,742 1,054 775 2,796 3,571 1,636 2000 1983 Broadway Industrial Park 4 — 380 1,652 1,163 380 2,815 3,195 1,841 2000 1986 Broadway Industrial Park 5 — 353 1,090 871 353 1,961 2,314 1,112 2002 1980 Broadway Industrial Park 6 — 599 1,855 913 599 2,768 3,367 1,901 2002 1979 Broadway Industrial Park 7 — 450 650 298 450 948 1,398 376 2011 1999 Kyrene Distribution Center — 1,490 4,453 2,206 1,490 6,659 8,149 4,588 1999 1981/2001 Falcon Field Business Center — 1,312 — 8,010 1,312 8,010 9,322 1,044 2015 2018 Southpark Distribution Center — 918 2,738 2,005 918 4,743 5,661 3,014 2001 2000 Southpark Distribution Center 2 — 1,785 6,882 1,017 1,785 7,899 9,684 142 2021 1995 Santan 10 Distribution Center 1 — 846 2,647 711 846 3,358 4,204 1,883 2001 2005 Santan 10 Distribution Center 2 — 1,088 — 5,498 1,088 5,498 6,586 2,760 2004 2007 Chandler Freeways — 1,525 — 7,381 1,525 7,381 8,906 2,280 2012 2013 Kyrene 202 Business Park 1 — 653 — 5,820 653 5,820 6,473 1,437 2011 2014 Kyrene 202 Business Park 2 — 387 — 3,414 387 3,414 3,801 836 2011 2014 Kyrene 202 Business Park 3, 4 & 5 — 1,244 — 11,878 1,244 11,878 13,122 1,638 2011 2018 Kyrene 202 Business Park 6 — 936 — 8,344 936 8,344 9,280 1,983 2011 2015 51st Avenue Distribution Center — 300 2,029 1,261 300 3,290 3,590 2,414 1998 1987 East University Distribution Center 1 & 2 — 1,120 4,482 2,046 1,120 6,528 7,648 5,164 1998 1987/89 East University Distribution Center 3 — 444 698 461 444 1,159 1,603 611 2010 1981 55th Avenue Distribution Center — 912 3,717 1,543 917 5,255 6,172 4,042 1998 1987 Interstate Commons Distribution Center 1 — 311 1,416 1,164 311 2,580 2,891 1,721 1999 1988 SCHEDULE III REAL ESTATE PROPERTIES AND ACCUMULATED DEPRECIATION DECEMBER 31, 2021 (In thousands, except footnotes) Description Encumbrances Initial Cost to the Company Costs Gross Amount Carried at Close of Period Accumulated Depreciation Year Acquired Year Constructed Land Buildings and Improvements Land Buildings and Improvements Total Interstate Commons Distribution Center 2 — 2,298 7,088 2,958 2,298 10,046 12,344 632 2019 1988/2001 Interstate Commons Distribution Center 3 — 242 — 3,112 242 3,112 3,354 1,382 2000 2008 Airport Commons Distribution Center — 1,000 1,510 1,780 1,000 3,290 4,290 2,435 2003 1971 40th Avenue Distribution Center — 703 — 6,278 703 6,278 6,981 2,677 2004 2008 Sky Harbor Business Park — 5,839 — 22,051 5,839 22,051 27,890 9,542 2006 2008 Sky Harbor Business Park 6 — 807 — 2,142 807 2,142 2,949 483 2014 2015 Ten Sky Harbor Business Center — 1,568 — 5,132 1,569 5,131 6,700 1,074 2015 2016 Gilbert Crossroads A & B — 2,825 — 14,145 2,825 14,145 16,970 966 2018 2020 Gilbert Crossroads C & D — 3,602 — 19,417 3,602 19,417 23,019 154 2018 2021 Tucson Country Club Commerce Center 1 — 506 3,564 4,526 693 7,903 8,596 3,979 1997/2003 1994/2003 Country Club Commerce Center 2 — 442 3,381 1,065 709 4,179 4,888 1,702 2007 2000 Country Club Commerce Center 3 & 4 — 1,407 — 12,286 1,575 12,118 13,693 5,568 2007 2009 Country Club Commerce Center 5 — 2,885 — 21,438 2,886 21,437 24,323 2,396 2016 2018 Airport Distribution Center — 1,403 4,672 1,834 1,403 6,506 7,909 4,480 1998/2000 1995 Benan Distribution Center — 707 1,842 751 707 2,593 3,300 1,657 2005 2001 NORTH CAROLINA Charlotte area NorthPark Business Park — 2,758 15,932 5,517 2,758 21,449 24,207 12,146 2006 1987-89 Lindbergh Business Park — 470 3,401 872 470 4,273 4,743 2,145 2007 2001/03 Commerce Park Center 1 — 765 4,303 1,072 765 5,375 6,140 2,722 2007 1983 Commerce Park Center 2 — 335 1,603 415 335 2,018 2,353 894 2010 1987 Commerce Park Center 3 — 558 2,225 1,214 558 3,439 3,997 1,502 2010 1981 Nations Ford Business Park — 3,924 16,171 5,473 3,924 21,644 25,568 11,713 2007 1989/94 Airport Commerce Center — 1,454 10,136 2,783 1,454 12,919 14,373 6,175 2008 2001/02 Airport Commerce Center 3 — 855 — 8,045 855 8,045 8,900 960 2008 2019 Interchange Park 1 — 986 7,949 795 986 8,744 9,730 3,690 2008 1989 Interchange Park 2 — 746 1,456 409 746 1,865 2,611 468 2013 2000 Ridge Creek Distribution Center 1 — 1,284 13,163 1,226 1,284 14,389 15,673 5,666 2008 2006 Ridge Creek Distribution Center 2 — 3,033 11,497 2,180 3,033 13,677 16,710 4,687 2011 2003 Ridge Creek Distribution Center 3 — 2,459 11,147 793 2,459 11,940 14,399 2,912 2014 2013 SCHEDULE III REAL ESTATE PROPERTIES AND ACCUMULATED DEPRECIATION DECEMBER 31, 2021 (In thousands, except footnotes) Description Encumbrances Initial Cost to the Company Costs Gross Amount Carried at Close of Period Accumulated Depreciation Year Acquired Year Constructed Land Buildings and Improvements Land Buildings and Improvements Total Lakeview Business Center — 1,392 5,068 1,237 1,392 6,305 7,697 2,324 2011 1996 Steele Creek 1 — 993 — 4,372 1,010 4,355 5,365 1,595 2013 2014 Steele Creek 2 — 941 — 4,771 957 4,755 5,712 1,529 2013 2014 Steele Creek 3 — 1,464 — 6,609 1,469 6,604 8,073 1,988 2013 2014 Steele Creek 4 — 684 — 4,040 687 4,037 4,724 1,244 2013 2015 Steele Creek 5 — 610 — 5,239 631 5,218 5,849 508 2013/14/15 2019 Steele Creek 6 — 867 — 7,149 919 7,097 8,016 1,520 2013/14 2016 Steele Creek 7 — 1,207 — 8,001 1,253 7,955 9,208 1,312 2013/14/15 2017 Steele Creek 9 — 949 — 10,191 1,090 10,050 11,140 771 2016 2019 Steele Creek 10 — 1,221 — 9,822 1,509 9,534 11,043 26 2016 2021 Waterford Distribution Center — 654 3,392 989 654 4,381 5,035 1,848 2008 2000 SOUTH CAROLINA Greenville 385 Business Park — 1,308 10,822 529 1,308 11,351 12,659 1,137 2019 2019 GEORGIA Atlanta Shiloh 400 Business Center 1 & 2 — 3,092 14,216 2,538 3,064 16,782 19,846 3,570 2017 2008 Broadmoor Commerce Park 1 — 1,307 3,560 1,298 1,307 4,858 6,165 1,149 2017 1999 Broadmoor Commerce Park 2 — 519 — 7,392 519 7,392 7,911 793 2017 2018 Hurricane Shoals 1 & 2 — 4,284 12,449 4,157 4,284 16,606 20,890 2,630 2017 2017 Hurricane Shoals 3 — 497 — 9,834 644 9,687 10,331 290 2017 2020 Progress Center 1 & 2 — 1,297 9,015 332 1,297 9,347 10,644 1,995 2017 2017 Progress Center 3 — 465 4,285 — 465 4,285 4,750 44 2021 2008 Gwinnett 316 — 531 3,617 21 531 3,638 4,169 384 2018 1990 Cherokee 75 Business Center 1 — 1,183 6,727 (3) 1,183 6,724 7,907 274 2020 2020 Cherokee 75 Business Center 2 — 1,336 7,495 481 1,337 7,975 9,312 110 2021 2021 Northpoint 200 — 1,102 5,140 648 1,104 5,786 6,890 225 2021 2021 LOUISIANA New Orleans Elmwood Business Park — 2,861 6,337 6,528 2,861 12,865 15,726 9,659 1997 1979 SCHEDULE III REAL ESTATE PROPERTIES AND ACCUMULATED DEPRECIATION DECEMBER 31, 2021 (In thousands, except footnotes) Description Encumbrances Initial Cost to the Company Costs Gross Amount Carried at Close of Period Accumulated Depreciation Year Acquired Year Constructed Land Buildings and Improvements Land Buildings and Improvements Total Riverbend Business Park — 2,557 17,623 10,306 2,557 27,929 30,486 19,097 1997 1984 COLORADO Denver Airways Business Center — 6,137 39,637 1,203 6,137 40,840 46,977 3,396 2019 2007/08 Rampart Distribution Center 1 — 1,023 3,861 2,545 1,023 6,406 7,429 5,420 1988 1987 Rampart Distribution Center 2 — 230 2,977 1,660 230 4,637 4,867 3,550 1996/97 1997 Rampart Distribution Center 3 — 1,098 3,884 2,881 1,098 6,765 7,863 4,270 1997/98 1999 Rampart Distribution Center 4 — 590 — 8,340 590 8,340 8,930 1,991 2012 2014 Concord Distribution Center — 1,051 4,773 1,062 1,051 5,835 6,886 2,650 2007 2000 Centennial Park — 750 3,319 2,169 750 5,488 6,238 2,426 2007 1990 NEVADA Las Vegas Arville Distribution Center — 4,933 5,094 825 4,933 5,919 10,852 2,401 2009 1997 Jones Corporate Park — 13,068 26,325 1,942 13,068 28,267 41,335 4,701 2016 2016 Southwest Commerce Center — 9,008 16,576 4,203 9,008 20,779 29,787 1,210 2019 2019 MISSISSIPPI Jackson area Interchange Business Park — 343 5,007 5,378 343 10,385 10,728 7,255 1997 1981 Tower Automotive — — 9,958 1,959 17 11,900 11,917 6,242 2001 2002 Metro Airport Commerce Center 1 — 303 1,479 1,282 303 2,761 3,064 1,804 2001 2003 RIGHT OF USE ASSETS, NET - GROUND LEASES (OPERATING) — — — — — — 22,635 — n/a n/a 2,156 539,975 1,347,289 1,636,812 544,505 2,979,571 3,546,711 1,035,098 SCHEDULE III REAL ESTATE PROPERTIES AND ACCUMULATED DEPRECIATION DECEMBER 31, 2021 (In thousands, except footnotes) Description Encumbrances Initial Cost to the Company Costs Gross Amount Carried at Close of Period Accumulated Depreciation Year Acquired Year Constructed Land Buildings and Improvements Land Buildings and Improvements Total Development and Value-Add Properties (d): CALIFORNIA Siempre Viva 3-6 — 31,815 100,861 12 31,816 100,872 132,688 255 2021 2001-2003 Speed Distribution Center — 15,282 — 52,536 15,290 52,528 67,818 — 2019 n/a FLORIDA SunCoast Commerce Center 12 — 1,552 — 2,626 785 3,393 4,178 — 2020

SIGNIFICANT ACCOUNTING POLICI_2

SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Dec. 31, 2021
Accounting Policies [Abstract]
Principles of Consolidation	Principles of Consolidation The consolidated financial statements include the accounts of EastGroup Properties, Inc. (“EastGroup” or “the Company”), its wholly owned subsidiaries and its investment in any joint ventures in which the Company has a controlling interest. As of December 31, 2021 and 2020, EastGroup held a controlling interest in two joint venture arrangements. In 2019, the Company acquired 6.5 acres of land in San Diego, known by the Company as the Miramar land. Also in 2019, the Company acquired 41.6 acres of land in San Diego, known by the Company as the Otay Mesa land. During the year ended December 31, 2021, EastGroup began construction of a 519,000 square foot building on the Otay Mesa land, known by the Company as Speed Distribution Center. As of both December 31, 2021 and 2020, EastGroup had a 95% controlling interest in the Miramar land and a 99% controlling interest in Speed Distribution Center. The Company records 100% of the assets, liabilities, revenues and expenses of the properties held in joint ventures with the noncontrolling interests provided for in accordance with the joint venture agreements. The equity method of accounting is used for the Company’s 50% undivided tenant-in-common interest in Industry Distribution Center II. All significant intercompany transactions and accounts have been eliminated in consolidation.
Income Taxes	Income Taxes EastGroup, a Maryland corporation, has qualified as a real estate investment trust (“REIT”) under Sections 856-860 of the Internal Revenue Code and intends to continue to qualify as such. To maintain its status as a REIT, the Company is required to, among other things, distribute at least 90% of its ordinary taxable income to its stockholders. If the Company has a capital gain, it has the option of (i) deferring recognition of the capital gain through a tax-deferred exchange, (ii) declaring and paying a capital gain dividend on any recognized net capital gain resulting in no corporate level tax, or (iii) retaining and paying corporate income tax on its net long-term capital gain, with the shareholders reporting their proportional share of the undistributed long-term capital gain and receiving a credit or refund of their share of the tax paid by the Company. The Company distributed all of its 2021, 2020 and 2019 taxable income to its stockholders. Accordingly, no significant provisions for income taxes were necessary. The Company’s income tax treatment of share distributions is based on its taxable income, calculated in accordance with the Internal Revenue Code, which differs from U.S. generally accepted accounting principles (“GAAP”). The following table summarizes the federal income tax treatment for all distributions by the Company for the years ended 2021, 2020 and 2019. Federal Income Tax Treatment of Share Distributions Years Ended December 31, 2021 2020 2019 Common Share Distributions: (Per share) Ordinary dividends $ 3.61656 3.32868 3.14000 Nondividend distributions — — — Unrecaptured Section 1250 capital gain — — — Other capital gain — — — Total Common Share Distributions $ 3.61656 3.32868 3.14000 EastGroup applies the principles of Financial Accounting Standards Board “FASB” Accounting Standards Codification “ASC” 740, Income Taxes, when evaluating and accounting for uncertainty in income taxes. With few exceptions, the Company’s 2017 and earlier tax years are closed for examination by U.S. federal, state and local tax authorities. In accordance with the provisions of ASC 740, the Company had no significant uncertain tax positions as of December 31, 2021 and 2020.
Income Recognition	Income RecognitionThe Company’s primary revenue is rental income from business distribution space. Minimum rental income from real estate operations is recognized on a straight-line basis. The straight-line rent calculation on leases includes the effects of rent concessions and scheduled rent increases, and the calculated straight-line rent income is recognized over the lives of the individual leases. The Company maintains allowances for doubtful accounts receivable, including straight-line rents receivable, based upon estimates determined by management. Management specifically analyzes aged receivables, customer credit- worthiness and current economic trends when evaluating the adequacy of the allowance for doubtful accounts. Reserves for uncollectible accounts are recorded as a reduction to revenue. Revenue is recognized on payments received from tenants for early terminations after all criteria have been met in accordance with ASC 842, Leases. The Company’s primary revenue is rental income; as such, the Company is a lessor on a significant number of leases. Effective January 1, 2019, the Company adopted ASC 842, Leases , and applied its provisions on a prospective basis. The Company continued to account for its leases in substantially the same manner. The most significant changes for the Company related to lessor accounting include: (i) the new standard’s narrow definition of initial direct costs for leases, and (ii) the guidance applicable to recording uncollectible rents, as discussed in the following paragraphs. Initial direct costs (primarily legal costs related to lease negotiations) are expensed rather than capitalized. EastGroup recorded Indirect leasing costs of $700,000, $661,000 and $411,000 on the Consolidated Statements of Income and Comprehensive Income during the years ended December 31, 2021, 2020 and 2019, respectively. As permitted by ASC 842, Leases , EastGroup made an accounting policy election by class of underlying asset to not separate non-lease components (such as common area maintenance) of a contract from the lease component to which they relate when specific criteria are met. The Company believes its leases meet the criteria. The table below presents the components of Income from real estate operations for the years ended December 31, 2021, 2020 and 2019: Years Ended December 31, 2021 2020 2019 (In thousands) Lease income — operating leases $ 306,658 271,094 248,237 Variable lease income (1) 102,754 91,575 82,576 Income from real estate operations $ 409,412 362,669 330,813 (1) Primarily includes tenant reimbursements for real estate taxes, insurance and common area maintenance. Future Minimum Rental Receipts Under Non-Cancelable Leases The Company’s leases with its customers may include various provisions such as scheduled rent increases, renewal options and termination options. The majority of the Company’s leases include defined rent increases rather than variable payments based on an index or unknown rate. In calculating the disclosures presented below, the Company included the fixed, non-cancelable terms of the leases. The following schedule indicates approximate future minimum rental receipts under non-cancelable leases for real estate properties by year as of December 31, 2021: Years Ending December 31, (In thousands) 2022 $ 322,765 2023 291,810 2024 245,109 2025 195,340 2026 146,152 Thereafter 313,050 Total minimum receipts $ 1,514,226 The Company recognizes gains on sales of real estate in accordance with the principles set forth in the Codification. For each transaction, the Company evaluates whether the guidance in ASC 606, Revenue from Contracts with Customers, or ASC 610, Other Income - Gains and Losses from the Derecognition of Nonfinancial Assets, is applicable. Upon closing of real estate transactions, the provisions of the Codification require consideration of whether the seller has a controlling financial interest in the entity that holds the nonfinancial asset after the transaction. In addition, the seller evaluates whether a contract exists under ASC 606 and whether the counterparty obtained control of each nonfinancial asset that is sold. If a contract exists and the counterparty obtained control of each nonfinancial asset, the seller derecognizes the assets at the close of the transaction with resulting gains or losses reflected on the Consolidated Statements of Income and Comprehensive Income.
Real Estate Properties	Real Estate Properties EastGroup has one reportable segment – industrial properties, consistent with the Company’s manner of internal reporting, measurement of operating results and allocation of the Company’s resources. The Company reviews long-lived assets for impairment whenever events or changes in circumstances indicate the carrying amount of an asset may not be recoverable. Recoverability of assets to be held and used is measured by a comparison of the carrying amount of an asset to future undiscounted net cash flows (including estimated future expenditures necessary to substantially complete the asset) expected to be generated by the asset. If the carrying amount of an asset exceeds its estimated future cash flows, an impairment charge is recognized for the amount by which the carrying amount of the asset exceeds the fair value of the asset. During the years ended December 31, 2021, 2020 and 2019, the Company did not identify any impairment charges which should be recorded. Depreciation of buildings and other improvements is computed using the straight-line method over estimated useful lives of generally 40 years for buildings and 3 to 15 years for improvements. Building improvements are capitalized, while maintenance and repair expenses are charged to expense as incurred. Significant renovations and improvements that improve or extend the useful life of the assets are capitalized. Depreciation expense was $104,910,000, $96,290,000 and $86,590,000 for 2021, 2020 and 2019, respectively.
Development	Development and Value-Add Properties For properties under development and value-add properties (defined in Note 1(j)) acquired in the development stage, costs associated with development (i.e., land, construction costs, interest expense, property taxes and other direct and indirect costs associated with development) are aggregated into the total capitalized costs of the property. Included in these costs are management’s estimates for the portions of internal costs (primarily personnel costs) deemed related to such development activities. The internal costs are allocated to specific development projects based on development activity. As the property becomes occupied, depreciation commences on the occupied portion of the building, and costs are capitalized only for the portion of the building that remains vacant. The Company transfers properties from the development and value-add program to Real estate properties as follows: (i) for development properties, at the earlier of 90% occupancy or one year after completion of the shell construction, and (ii) for value-add properties, at the earlier of 90% occupancy or one year after acquisition. Upon the earlier of 90% occupancy or one year after completion of the shell construction, capitalization of development costs, including interest expense, property taxes and internal personnel costs, ceases and depreciation commences on the entire property (excluding the land).
Real Estate Held for Sale	Real Estate Held for Sale The Company considers a real estate property to be held for sale when it meets the criteria established under ASC 360, Property, Plant and Equipment, including when it is probable that the property will be sold within a year. Real estate properties held for sale are reported at the lower of the carrying amount or fair value less estimated costs to sell and are not depreciated while they are held for sale. As of December 31, 2021, the Company owned one operating property, Metro Business Park, that was classified as held for sale on the December 31, 2021 Consolidated Balance Sheet. As discussed in Note 17, the property was sold in the first quarter of 2022, and the Company expects to record a gain on the sale in the three months ended March 31, 2022. The Company did not classify any properties as held for sale as of December 31, 2020. In accordance with ASU 2014-08, Presentation of Financial Statements (Topic 205) and Property, Plant, and Equipment (Topic 360), Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity,
Derivative Instruments and Hedging Activities	Derivative Instruments and Hedging Activities EastGroup applies ASC 815, Derivatives and Hedging , which requires all entities with derivative instruments to disclose information regarding how and why the entity uses derivative instruments and how derivative instruments and related hedged items affect the entity’s financial position, financial performance and cash flows. See Note 12 for a discussion of the Company’s derivative instruments and hedging activities.
Cash Equivalents	Cash EquivalentsThe Company considers all highly liquid investments with a maturity of three months or less when purchased to be cash equivalents.
Debt Origination Costs	Debt origination costs are deferred and amortized over the term of each loan using the effective interest method. Amortization of debt issuance costs was $1,296,000, $1,418,000 and $1,344,000 for 2021, 2020 and 2019, respectively. Amortization of facility fees was $751,000, $790,000 and $790,000 for 2021, 2020 and 2019, respectively.
Leasing Costs	Leasing costs are deferred and amortized using the straight-line method over the term of the lease.  Leasing costs amortization expense was $16,209,000, $14,449,000 and $13,167,000 for 2021, 2020 and 2019, respectively.
Real Estate Property Acquisitions and Acquired Intangibles	Real Estate Property Acquisitions and Acquired Intangibles Upon acquisition of real estate properties, EastGroup applies the principles of ASC 805, Business Combinations. The FASB Codification provides a framework for determining whether transactions should be accounted for as acquisitions of assets or businesses. Under the guidance, companies are required to utilize an initial screening test to determine whether substantially all of the fair value of the gross assets acquired is concentrated in a single identifiable asset or a group of similar identifiable assets; if so, the set is not a business. EastGroup determined that its real estate property acquisitions in 2021, 2020 and 2019 are considered to be acquisitions of groups of similar identifiable assets; therefore, the acquisitions are not considered to be acquisitions of a business. As a result, the Company has capitalized acquisition costs related to its 2021, 2020 and 2019 acquisitions. The FASB Codification also provides guidance on how to properly determine the allocation of the purchase price among the individual components of both the tangible and intangible assets based on their relative fair values. The allocation to tangible assets (land, building and improvements) is based upon management’s determination of the value of the property as if it were vacant using discounted cash flow models. Land is valued using comparable land sales specific to the applicable market, provided by a third-party. The Company determines whether any financing assumed is above or below market based upon comparison to similar financing terms for similar properties. The cost of the properties acquired may be adjusted based on indebtedness assumed from the seller that is determined to be above or below market rates. The purchase price is also allocated among the following categories of intangible assets: the above or below market component of in-place leases, the value of in-place leases, and the value of customer relationships. The value allocable to the above or below market component of an acquired in-place lease is determined based upon the present value (using a discount rate reflecting the risks associated with the acquired leases) of the difference between (i) the contractual amounts to be paid pursuant to the lease over its remaining term, and (ii) management’s estimate of the amounts that would be paid using current market rents over the remaining term of the lease. The amounts allocated to above and below market lease intangibles are included in Other assets and Other liabilities , respectively, on the Consolidated Balance Sheets and are amortized to rental income over the remaining terms of the respective leases. The total amount of intangible assets is further allocated to in-place lease values and customer relationship values based upon management’s assessment of their respective values. Factors considered by management in the allocation include an estimate of foregone rents and avoided leasing costs during the expected lease-up periods considering current market conditions and costs to execute similar leases. These intangible assets are included in Other assets on the Consolidated Balance Sheets and are amortized over the remaining term of the existing lease, or the anticipated life of the customer relationship, as applicable. Amortization of above and below market lease intangibles increased rental income by $1,048,000, $1,451,000 and $1,229,000 in 2021, 2020 and 2019, respectively. Amortization expense for in-place lease intangibles was $5,980,000, $5,620,000 and $4,967,000 for 2021, 2020 and 2019, respectively. Projected amortization of in-place lease intangibles for the next five years as of December 31, 2021 is as follows: Years Ending December 31, (In thousands) 2022 $ 6,461 2023 4,400 2024 3,276 2025 2,465 2026 1,391 EastGroup acquired real estate properties during 2021, 2020 and 2019 as discussed in Note 2. The following table summarizes the allocation of the consideration paid for the acquired assets and assumed liabilities in connection with the real estate property acquisitions during the years ended December 31, 2021, 2020 and 2019. Costs Incurred During the Years Ended December 31, ACQUIRED ASSETS AND ASSUMED LIABILITIES 2021 2020 2019 (In thousands) Land $ 42,554 23,565 76,039 Buildings and building improvements 225,645 42,024 144,301 Tenant and other improvements 4,907 7,971 6,490 Right of use assets — Ground leases (operating) 12,708 — 2,679 Total real estate properties acquired 285,814 73,560 229,509 In-place lease intangibles (1) 9,949 3,257 10,020 Above market lease intangibles (1) 6 104 344 Below market lease intangibles (2) (3,836) (403) (2,685) Operating lease liabilities — Ground leases (3) (12,708) — (2,679) Total assets acquired, net of liabilities assumed $ 279,225 76,518 234,509 (1) In-place lease intangibles and above market lease intangibles are each included in Other assets on the Consolidated Balance Sheets. These costs are amortized over the remaining lives of the associated leases in place at the time of acquisition. (2) Below market lease intangibles are included in Other liabilities on the Consolidated Balance Sheets. These costs are amortized over the remaining lives of the associated leases in place at the time of acquisition. (3) Operating lease liabilities - Ground leases are included in Other liabilities on the Consolidated Balance Sheets. The leases in the properties acquired during 2021, 2020, and 2019 had a weighted average remaining lease term at acquisition of approximately 2.9 years years, 3.9 years, and 6.0 years, respectively. The Company periodically reviews the recoverability of goodwill (at least annually) and the recoverability of other intangibles (on a quarterly basis) for possible impairment. No impairment of goodwill and other intangibles existed during the years ended December 31, 2021, 2020 and 2019.
Stock-Based Compensation	Stock-Based Compensation EastGroup applies the provisions of ASC 718, Compensation – Stock Compensation , to account for its stock-based compensation plans. ASC 718 requires that the compensation cost relating to share-based payment transactions be recognized in the financial statements and that the cost be measured on the fair value of the equity or liability instruments issued. The cost for market-based awards and awards that only require service are expensed on a straight-line basis over the requisite service periods. The cost for performance-based awards is determined using the graded vesting attribution method which recognizes each separate vesting portion of the award as a separate award on a straight-line basis over the requisite service period. This method accelerates the expensing of the award compared to the straight-line method. For awards with a performance condition, compensation expense is recognized when the performance condition is considered probable of achievement. The total compensation expense for service and performance based awards is based upon the fair market value of the shares on the grant date. The grant date fair value for awards that have been granted and are subject to a future market condition (total shareholder return) are determined using a Monte Carlo simulation pricing model developed to specifically accommodate the unique features of the awards.
Earnings Per Share	Earnings Per Share The Company applies ASC 260, Earnings Per Share , which requires companies to present basic and diluted earnings per share (“EPS”). Basic EPS represents the amount of earnings for the period attributable to each share of common stock outstanding during the reporting period. The Company’s basic EPS is calculated by dividing Net Income Attributable to EastGroup Properties, Inc. Common Stockholders by the weighted average number of common shares outstanding. The weighted average number of common shares outstanding does not include any potentially dilutive securities or any unvested restricted shares of common stock. These unvested restricted shares, although classified as issued and outstanding, are considered forfeitable until the restrictions lapse and will not be included in the basic EPS calculation until the shares are vested. Diluted EPS represents the amount of earnings for the period attributable to each share of common stock outstanding during the reporting period and to each share that would have been outstanding assuming the issuance of common shares for all dilutive potential common shares outstanding during the reporting period. The Company calculates diluted EPS by dividing Net Income Attributable to EastGroup Properties, Inc. Common Stockholders by the weighted average number of common shares outstanding plus the dilutive effect of unvested restricted stock. The dilutive effect of unvested restricted stock is determined using the treasury stock method.
Use of Estimates	Use of EstimatesThe preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses during the reporting period and to disclose material contingent assets and liabilities at the date of the financial statements.  Actual results could differ from those estimates.
Risks and Uncertainties [Policy Text Block]	Risks and UncertaintiesThe state of the overall economy can significantly impact the Company’s operational performance and thus impact its financial position.  Should EastGroup experience a significant decline in operational performance due to the coronavirus (“COVID-19”) pandemic or other general economic conditions, it may affect the Company’s ability to make distributions to its shareholders, service debt, or meet other financial obligations. Although COVID-19 has had an overall minimal impact on the Company in 2020 and 2021, EastGroup remains unable to predict any future impact that it may have on its business, financial condition, results of operations and cash flows.
New Accounting Pronouncements, Policy	Recent Accounting PronouncementsEastGroup has evaluated all ASUs recently released by the FASB through the date the financial statements were issued and determined that the following ASU applies to the Company. In March 2020, the FASB issued ASU 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting
Classification of Book Overdraft on Consolidated Statements of Cash Flows	Classification of Book Overdraft on Consolidated Statements of Cash Flows The Company classifies changes in book overdraft in which the bank has not advanced cash to the Company to cover outstanding checks as an operating activity. Such amounts are included in Accounts payable, accrued expenses and prepaid rent in the Operating Activities section on the Consolidated Statements of Cash Flows.
Reclassifications	ReclassificationsCertain reclassifications have been made in the 2020 and 2019 consolidated financial statements to conform to the 2021 presentation.

SIGNIFICANT ACCOUNTING POLICI_3

SIGNIFICANT ACCOUNTING POLICIES (Tables)	12 Months Ended
	Dec. 31, 2021
Accounting Policies [Abstract]
Operating Lease, Lease Income [Table Text Block]	The table below presents the components of Income from real estate operations for the years ended December 31, 2021, 2020 and 2019: Years Ended December 31, 2021 2020 2019 (In thousands) Lease income — operating leases $ 306,658 271,094 248,237 Variable lease income (1) 102,754 91,575 82,576 Income from real estate operations $ 409,412 362,669 330,813 (1) Primarily includes tenant reimbursements for real estate taxes, insurance and common area maintenance.
Future Minimum Rental Receipts Under Non-cancelable Leases [Table Text Block]	The following schedule indicates approximate future minimum rental receipts under non-cancelable leases for real estate properties by year as of December 31, 2021: Years Ending December 31, (In thousands) 2022 $ 322,765 2023 291,810 2024 245,109 2025 195,340 2026 146,152 Thereafter 313,050 Total minimum receipts $ 1,514,226
Federal Income Tax Treatment of Share Distributions	The following table summarizes the federal income tax treatment for all distributions by the Company for the years ended 2021, 2020 and 2019. Federal Income Tax Treatment of Share Distributions Years Ended December 31, 2021 2020 2019 Common Share Distributions: (Per share) Ordinary dividends $ 3.61656 3.32868 3.14000 Nondividend distributions — — — Unrecaptured Section 1250 capital gain — — — Other capital gain — — — Total Common Share Distributions $ 3.61656 3.32868 3.14000
Projected amortization of in-place lease intangibles for the next five years	Projected amortization of in-place lease intangibles for the next five years as of December 31, 2021 is as follows: Years Ending December 31, (In thousands) 2022 $ 6,461 2023 4,400 2024 3,276 2025 2,465 2026 1,391
Assets Acquired and Liabilities Assumed	The following table summarizes the allocation of the consideration paid for the acquired assets and assumed liabilities in connection with the real estate property acquisitions during the years ended December 31, 2021, 2020 and 2019. Costs Incurred During the Years Ended December 31, ACQUIRED ASSETS AND ASSUMED LIABILITIES 2021 2020 2019 (In thousands) Land $ 42,554 23,565 76,039 Buildings and building improvements 225,645 42,024 144,301 Tenant and other improvements 4,907 7,971 6,490 Right of use assets — Ground leases (operating) 12,708 — 2,679 Total real estate properties acquired 285,814 73,560 229,509 In-place lease intangibles (1) 9,949 3,257 10,020 Above market lease intangibles (1) 6 104 344 Below market lease intangibles (2) (3,836) (403) (2,685) Operating lease liabilities — Ground leases (3) (12,708) — (2,679) Total assets acquired, net of liabilities assumed $ 279,225 76,518 234,509 (1) In-place lease intangibles and above market lease intangibles are each included in Other assets on the Consolidated Balance Sheets. These costs are amortized over the remaining lives of the associated leases in place at the time of acquisition. (2) Below market lease intangibles are included in Other liabilities on the Consolidated Balance Sheets. These costs are amortized over the remaining lives of the associated leases in place at the time of acquisition.

REAL ESTATE PROPERTIES (Tables)

REAL ESTATE PROPERTIES (Tables)	12 Months Ended
	Dec. 31, 2021
Real Estate [Abstract]
Schedule of Real Estate Properties	The Company’s Real estate properties and Development and value-add properties at December 31, 2021 and 2020 were as follows: December 31, 2021 2020 (In thousands) Real estate properties: Land $ 544,505 502,739 Buildings and building improvements 2,408,944 2,120,731 Tenant and other improvements 570,627 524,954 Right of use assets — Ground leases (operating) (1) 22,635 11,073 Development and value-add properties 504,614 359,588 4,051,325 3,519,085 Less accumulated depreciation (1,035,617) (955,328) $ 3,015,708 2,563,757 (1) See Ground Leases discussion below for information regarding the Company’s right of use assets for ground leases.
Sales of real estate properties [Table]	A summary of Gain on sales of real estate investments for the years ended December 31, 2021, 2020 and 2019 follows: Real Estate Properties Location Size (in Square Feet) Date Sold Net Sales Price Basis Recognized Gain (In thousands) 2021 Jetport Commerce Park Tampa, FL 284,000 11/09/2021 $ 44,260 5,401 38,859 2020 University Business Center 120 (1) Santa Barbara, CA 46,000 12/01/2020 $ 10,342 4,007 6,335 Central Green Houston, TX 80,000 12/23/2020 10,168 3,358 6,810 Total for 2020 $ 20,510 7,365 13,145 2019 World Houston 5 Houston, TX 51,000 01/29/2019 $ 3,679 1,354 2,325 Altamonte Commerce Center Orlando, FL 186,000 05/20/2019 14,423 5,342 9,081 University Business Center 130 (2) Santa Barbara, CA 40,000 11/07/2019 11,083 2,729 8,354 Southpointe Distribution Center Tucson, AZ 207,000 12/03/2019 13,699 2,281 11,418 University Business Center 125 & 175 Santa Barbara, CA 133,000 12/11/2019 23,675 13,785 9,890 Total for 2019 $ 66,559 25,491 41,068 (1) EastGroup owned 80% of University Business Center 120 through a joint venture partnership. EastGroup sold its 80% share of the joint venture, and the partnership was dissolved. The information shown for this transaction represents EastGroup’s 80% ownership. (2) EastGroup owned 80% of University Business Center 130 through a joint venture partnership. The information shown for this transaction also includes the 20% attributable to the Company’s noncontrolling interest partner.
Development	DEVELOPMENT AND Costs Incurred Actual or Anticipated Building Conversion Date Costs Transferred in 2021 (1) For the Cumulative Projected Total Costs (2) (In thousands) (Unaudited) (Unaudited) (Unaudited) LEASE-UP Building Size (Square feet) Access Point 1, Greenville, SC (3) 156,000 $ — 12,522 12,522 13,300 01/22 Access Point 2, Greenville, SC (3) 159,000 — 11,631 11,631 13,100 05/22 Grand Oaks 75 3, Tampa, FL 136,000 2,198 7,994 10,192 12,400 07/22 Horizon West 2 & 3, Orlando, FL 210,000 5,505 11,685 17,190 19,200 09/22 Siempre Viva 3-6, San Diego, CA (3) 547,000 — 132,688 132,688 135,600 12/22 Total Lease-Up 1,208,000 7,703 176,520 184,223 193,600 UNDER CONSTRUCTION Speed Distribution Center, San Diego, CA 519,000 17,758 (4) 50,060 67,818 88,600 03/22 SunCoast 12, Fort Myers, FL 79,000 960 3,218 4,178 8,000 06/22 CreekView 9 & 10, Dallas, TX 145,000 4,350 6,986 11,336 17,200 07/22 Steele Creek 8, Charlotte, NC 72,000 1,869 859 2,728 8,400 08/22 Basswood 1 & 2, Fort Worth, TX 237,000 — 10,475 15,229 22,100 02/23 Gateway 3, Miami, FL 133,000 6,791 6,375 13,166 19,100 04/23 Grand Oaks 75 4, Tampa, FL 185,000 3,313 3,065 6,378 17,900 04/23 Tri-County Crossing 5, San Antonio, TX 105,000 1,328 4,272 5,600 10,300 04/23 Americas Ten 2, El Paso, TX 168,000 2,885 6,215 9,100 14,100 05/23 Grand West Crossing 1, Houston, TX 121,000 3,492 5,377 8,869 15,700 05/23 45 Crossing, Austin, TX 177,000 — 17,060 17,060 26,200 06/23 McKinney 3 & 4, Dallas, TX 212,000 5,120 5,318 10,438 26,300 06/23 Ridgeview 3, San Antonio, TX 88,000 1,443 4,361 5,804 10,700 06/23 Tri-County Crossing 6, San Antonio, TX 124,000 1,576 2,206 3,782 9,900 06/23 LakePort 4 & 5, Dallas, TX 177,000 6,668 1,270 7,938 22,400 08/23 I-20 West Business Center, Atlanta, GA 155,000 1,803 1,161 2,964 14,200 10/23 Total Under Construction 2,697,000 59,356 128,278 192,388 331,100 PROSPECTIVE DEVELOPMENT (PRIMARILY LAND) Estimated Building Size (Square feet) Ft. Myers, FL 543,000 (960) 1,392 8,298 Miami, FL 243,000 (6,791) 826 14,331 Orlando, FL 1,278,000 (5,505) 4,065 26,238 Tampa, FL 32,000 (5,511) 613 825 Atlanta, GA 580,000 (1,803) 5,469 5,058 Jackson, MS 28,000 — — 706 Charlotte, NC 1,387,000 (1,869) 12,648 15,104 Greenville, SC 400,000 — 1,736 1,736 Austin, TX 274,000 — 6,431 6,431 Dallas, TX 172,000 (16,138) 1,658 8,398 El Paso, TX — (2,885) 298 — Ft. Worth, TX 652,000 — 777 15,327 Houston, TX 1,293,000 (3,492) 7,567 24,833 San Antonio, TX 55,000 (4,347) 200 718 Total Prospective Development 6,937,000 (49,301) 43,680 128,003 Total Development and Value-Add Properties 10,842,000 $ 17,758 348,478 504,614 The Development and Value-Add Properties Activity table is continued on the following page. DEVELOPMENT AND VALUE-ADD PROPERTIES TRANSFERRED TO THE REAL ESTATE PROPERTIES PORTFOLIO DURING 2021 Costs Incurred Costs Transferred in 2021 (1) For the Cumulative (Unaudited) (In thousands) (Unaudited) Building Size (Square feet) Building Conversion Date Gilbert Crossroads A & B, Phoenix, AZ 140,000 $ — — 16,768 01/21 CreekView 7 & 8, Dallas, TX 137,000 — 1,099 17,658 03/21 Hurricane Shoals 3, Atlanta, GA 101,000 — 124 8,935 03/21 Northpoint 200, Atlanta, GA (3) 79,000 — 6,861 6,861 03/21 Rancho Distribution Center, Los Angeles, CA (3) 162,000 — — 27,325 03/21 World Houston 44, Houston, TX 134,000 — 399 8,525 05/21 Gateway 4, Miami, FL 197,000 — 641 22,688 06/21 Interstate Commons 2, Phoenix, AZ (3) 142,000 — 50 12,291 06/21 Settlers Crossing 3 & 4, Austin, TX 173,000 — 2,477 19,981 06/21 SunCoast 7, Fort Myers, FL 77,000 — 276 7,649 06/21 Tri-County Crossing 3 & 4, San Antonio, TX 203,000 — 1,000 15,409 06/21 Cherokee 75 Business Center 2, Atlanta, GA (3) 105,000 — 9,052 9,052 07/21 Northwest Crossing 1-3, Houston, TX 278,000 — 1,497 23,819 09/21 Ridgeview 1 & 2, San Antonio, TX 226,000 — 2,021 19,114 10/21 Gilbert Crossroads C & D, Phoenix, AZ 178,000 — 14,955 21,572 12/21 LakePort 1-3, Dallas, TX 194,000 — 3,983 23,764 12/21 Steele Creek 10, Charlotte, NC 162,000 — 6,647 10,881 12/21 Total Transferred to Real Estate Properties 2,688,000 $ — 51,082 272,292 (5) (1) Represents costs transferred from Prospective Development (primarily land) to Under Construction during the period. Negative amounts represent land inventory costs transferred to Under Construction. (2) Included in these costs are development obligations of $88.7 million and tenant improvement obligations of $10.3 million on properties under development. (3) Represents value-add properties acquired by EastGroup. (4) Represents costs transferred from Real estate properties during the year. (5) Represents cumulative costs at the date of transfer.
Future Minimum Ground Lease Payments	The following schedule indicates approximate future minimum ground lease payments for these properties by year as of December 31, 2021: Future Minimum Ground Lease Payments as of December 31, 2021 Years Ending December 31, (In thousands) 2022 $ 1,605 2023 1,610 2024 1,663 2025 1,697 2026 1,734 Thereafter 60,476 Total minimum payments 68,785 Imputed interest (1) (45,887) Total ground lease liabilities $ 22,898 (1) As the Company’s leases do not provide an implicit rate, in order to calculate the present value of the remaining ground lease payments, the Company used its incremental borrowing rate, adjusted for a number of factors, including the long-term nature of the ground leases, the Company’s estimated borrowing costs, and the estimated fair value of the underlying land, to determine the imputed interest for its ground leases. For the ground lease obtained during August 2021, the Company used its incremental borrowing rate, adjusted for the factors discussed above, which was determined to be 5.0%.
Summary of real estate properties acquired	A summary of real estate properties acquired for the years ended December 31, 2021, 2020 and 2019 follows: REAL ESTATE PROPERTIES ACQUIRED Location Size Date Cost (In square feet or acres) (In thousands) 2021 OPERATING PROPERTIES ACQUIRED (1) Southpark Distribution Center 2 Phoenix, AZ 79,000 06/10/2021 $ 9,177 DFW Global Logistics Centre Dallas, TX 611,000 08/26/2021 89,829 Progress Center 3 Atlanta, GA 50,000 09/23/2021 5,000 Texas Avenue Austin, TX 20,000 10/15/2021 4,143 Total operating property acquisitions 760,000 108,149 VALUE-ADD PROPERTIES ACQUIRED (2) Access Point 1 Greenville, SC 156,000 01/15/2021 10,501 Northpoint 200 Atlanta, GA 79,000 01/21/2021 6,516 Access Point 2 Greenville, SC 159,000 05/19/2021 10,743 Cherokee 75 Business Center 2 Atlanta, GA 105,000 06/17/2021 8,837 Siempre Viva Distribution Center 3-6 San Diego, CA 547,000 12/01/2021 134,479 Total value-add property acquisitions 1,046,000 171,076 Total acquired assets in 2021 (3) 1,806,000 $ 279,225 2020 OPERATING PROPERTIES ACQUIRED (1) Wells Point One Austin, TX 50,000 02/28/2020 $ 6,231 Cherokee 75 Business Center 1 Atlanta, GA 85,000 12/15/2020 8,323 The Rock at Star Business Park Dallas, TX 212,000 12/17/2020 34,102 Total operating property acquisitions 347,000 48,656 VALUE-ADD PROPERTIES ACQUIRED (2) Rancho Distribution Center Los Angeles, CA 162,000 10/15/2020 27,862 Total acquired assets in 2020 (3) 509,000 $ 76,518 2019 OPERATING PROPERTIES ACQUIRED (1) Airways Business Center Denver, CO 382,000 05/20/2019 $ 48,327 Miramar Land (4) San Diego, CA 6.5 Acres 05/31/2019 13,386 385 Business Park Greenville, SC 155,000 07/31/2019 13,900 Grand Oaks 75 Business Center 1 Tampa, FL 169,000 09/06/2019 17,974 Siempre Viva Distribution Center 2 San Diego, CA 60,000 10/04/2019 8,621 Rocky Point Distribution Center 1 San Diego, CA 118,000 12/17/2019 24,396 Otay Mesa Land (4) San Diego, CA 41.6 Acres 12/31/2019 15,282 Total operating property acquisitions 884,000 141,886 48.1 Acres VALUE-ADD PROPERTIES ACQUIRED (2) Logistics Center 6 & 7 Dallas, TX 142,000 04/23/2019 12,960 Arlington Tech Centre 1 & 2 Dallas, TX 151,000 08/16/2019 12,615 Grand Oaks 75 Business Center 2 Tampa, FL 150,000 09/06/2019 12,815 Interstate Commons Distribution Center 2 Phoenix, AZ 142,000 10/21/2019 9,386 Southwest Commerce Center Las Vegas, NV 196,000 10/30/2019 25,609 Rocky Point Distribution Center 2 San Diego, CA 109,000 12/17/2019 19,238 Total value-add property acquisitions 890,000 92,623 Total acquired assets in 2019 (3) 1,774,000 $ 234,509 48.1 Acres (1) Operating properties are defined as stabilized real estate properties (land including buildings and improvements) in the Company’s operating portfolio; included in Real estate properties on the Consolidated Balance Sheets. (2) Value-add properties are defined as properties that are either acquired but not stabilized or can be converted to a higher and better use. Acquired properties meeting either of the following two conditions are considered value-add properties: (1) Less than 75% occupied as of the acquisition date (or will be less than 75% occupied within one year of acquisition date based on near term lease roll), or (2) 20% or greater of the acquisition cost will be spent to redevelop the property. (3) Excludes development land as detailed below. (4) Land which was leased at the time of acquisition and including in the operating portfolio.

OTHER ASSETS (Tables)

OTHER ASSETS (Tables)	12 Months Ended
	Dec. 31, 2021
Other Assets [Abstract]
Other Assets	A summary of the Company’s Other assets follows: December 31, 2021 2020 (In thousands) Leasing costs (principally commissions) $ 116,772 95,914 Accumulated amortization of leasing costs (42,193) (38,371) Leasing costs (principally commissions), net of accumulated amortization 74,579 57,543 Acquired in-place lease intangibles 31,561 28,107 Accumulated amortization of acquired in-place lease intangibles (13,038) (13,554) Acquired in-place lease intangibles, net of accumulated amortization 18,523 14,553 Acquired above market lease intangibles 885 1,825 Accumulated amortization of acquired above market lease intangibles (508) (1,231) Acquired above market lease intangibles, net of accumulated amortization 377 594 Straight-line rents receivable 51,970 43,079 Accounts receivable 7,133 6,064 Interest rate swap assets 2,237 — Right of use assets - Office leases (operating) 1,984 2,131 Receivable for common stock offerings — 1,942 Goodwill 990 990 Receivable for tenant improvement cost reimbursements 7,680 192 Prepaid expenses and other assets 16,747 22,491 Total Other assets $ 182,220 149,579

UNSECURED AND SECURED DEBT (Tab

UNSECURED AND SECURED DEBT (Tables)	12 Months Ended
	Dec. 31, 2021
Debt Disclosure [Abstract]
Schedule of long-term debt instruments	December 31, 2021 2020 (In thousands) Unsecured bank credit facilities - variable rate, carrying amount $ 209,210 125,000 Unamortized debt issuance costs (2,144) (806) Unsecured bank credit facilities, net of debt issuance costs 207,066 124,194 Unsecured debt - fixed rate, carrying amount (1) 1,245,000 1,110,000 Unamortized debt issuance costs (2,430) (2,292) Unsecured debt, net of debt issuance costs 1,242,570 1,107,708 Secured debt - fixed rate, carrying amount (1) 2,156 79,096 Unamortized debt issuance costs (14) (103) Secured debt, net of debt issuance costs 2,142 78,993 Total debt, net of debt issuance costs $ 1,451,778 1,310,895 (1) These loans have a fixed interest rate or an effectively fixed interest rate due to interest rate swaps.
Schedule of unsecured debt	A summary of the carrying amount of Unsecured debt follows: Balance at December 31, Margin Above LIBOR Interest Rate Maturity Date 2021 2020 (In thousands) $40 Million Unsecured Term Loan (1) 1.10% 2.34% 07/30/2021 $ — 40,000 $75 Million Unsecured Term Loan (1) 1.40% 3.03% 02/28/2022 75,000 75,000 $65 Million Unsecured Term Loan (1) 1.10% 2.31% 04/01/2023 65,000 65,000 $70 Million Senior Unsecured Notes: $50 Million Notes Not applicable 3.80% 08/28/2023 50,000 50,000 $20 Million Notes Not applicable 3.80% 08/28/2025 20,000 20,000 $60 Million Senior Unsecured Notes Not applicable 3.46% 12/13/2024 60,000 60,000 $100 Million Senior Unsecured Notes: $60 Million Notes Not applicable 3.48% 12/15/2024 60,000 60,000 $40 Million Notes Not applicable 3.75% 12/15/2026 40,000 40,000 $25 Million Senior Unsecured Notes Not applicable 3.97% 10/01/2025 25,000 25,000 $50 Million Senior Unsecured Notes Not applicable 3.99% 10/07/2025 50,000 50,000 $60 Million Senior Unsecured Notes Not applicable 3.93% 04/10/2028 60,000 60,000 $80 Million Senior Unsecured Notes Not applicable 4.27% 03/28/2029 80,000 80,000 $35 Million Senior Unsecured Notes Not applicable 3.54% 08/15/2031 35,000 35,000 $75 Million Senior Unsecured Notes Not applicable 3.47% 08/19/2029 75,000 75,000 $100 Million Unsecured Term Loan (1) (2) 0.85% 2.10% 10/10/2026 100,000 100,000 $100 Million Unsecured Term Loan (1) 1.45% 2.39% 03/25/2027 100,000 100,000 $100 Million Senior Unsecured Notes Not applicable 2.61% 10/14/2030 100,000 100,000 $75 Million Senior Unsecured Notes Not applicable 2.71% 10/14/2032 75,000 75,000 $50 Million Unsecured Term Loan (1) 1.00% 1.55% 03/18/2025 50,000 — $125 Million Senior Unsecured Notes Not applicable 2.74% 06/10/2031 125,000 — $ 1,245,000 1,110,000 (1) The interest rates on these unsecured term loans are comprised of LIBOR plus a margin which is subject to a pricing grid for changes in the Company’s coverage ratings. The Company entered into interest rate swap agreements (further described in Note 12) to convert the loans’ LIBOR rates to effectively fixed interest rates. The interest rates in the table above are the effectively fixed interest rates for the loans, including the effects of the interest rate swaps, as of December 31, 2021. (2) This term loan was refinanced during 2021. Effective October 10, 2021, the margin above LIBOR was reduced from 1.50% to 0.85% reducing the effectively fixed rate from 2.75% to 2.10%.
Schedule of secured debt	A summary of the carrying amount of Secured debt follows: Interest Rate Monthly Maturity Carrying Amount Balance at December 31, Property 2021 2020 (In thousands) Colorado Crossing Distribution Center, Interstate Warehouse 1-3, Rojas Commerce Park, Steele Creek Commerce Park 1 & 2, Venture Warehouses and World Houston Int’l Business Ctr 3, 4 & 6-9 4.75% 420,045 Repaid $ — — 41,610 Arion Business Park 18, Beltway Crossing Business Park 6 & 7, Commerce Park Center 2 & 3, Concord Distribution Center, Interstate Warehouse 5-7, Lakeview Business Center, Ridge Creek Distribution Center 2, Southridge Commerce Park 4 & 5 and World Houston Int’l Business Ctr 32 4.09% 329,796 Repaid — — 35,220 Ramona Distribution Center 3.85% 16,287 11/30/2026 8,515 2,156 2,266 $ 8,515 2,156 79,096
Principal payments due during the next five years	Scheduled principal payments on long-term debt, including Unsecured debt, net of debt issuance costs and Secured debt, net of debt issuance costs (not including Unsecured bank credit facilities, net of debt issuance costs ), as of December 31, 2021 are as follows: Years Ending December 31, (In thousands) 2022 $ 75,115 2023 115,119 2024 120,122 2025 145,128 2026 141,672

ACCOUNTS PAYABLE AND ACCRUED _2

ACCOUNTS PAYABLE AND ACCRUED EXPENSES (Tables)	12 Months Ended
	Dec. 31, 2021
Accounts Payable and Accrued Liabilities [Abstract]
Summary of Accounts Payable and Accrued Expenses	A summary of the Company’s Accounts payable and accrued expenses follows: December 31, 2021 2020 (In thousands) Property taxes payable $ 4,494 3,524 Development costs payable 17,529 4,004 Retainage payable 10,576 2,423 Real estate improvements and capitalized leasing costs payable 5,798 5,692 Interest payable 6,547 6,537 Dividends payable 46,864 32,677 Book overdraft (1) 4,845 5,176 Other payables and accrued expenses 13,107 9,540 Total Accounts payable and accrued expenses $ 109,760 69,573 (1) Represents checks written before the end of the period which have not cleared the bank; therefore, the bank has not yet advanced cash to the Company. When the checks clear the bank, they will be funded through the Company’s working cash line of credit, which is included in the Company’s Unsecured bank credit facilities. See Note 1(p).

OTHER LIABILITIES (Tables)

OTHER LIABILITIES (Tables)	12 Months Ended
	Dec. 31, 2021
Other Liabilities Disclosure [Abstract]
Summary of other liabilities	A summary of the Company’s Other liabilities follows: December 31, 2021 2020 (In thousands) Security deposits $ 28,343 22,140 Prepaid rent and other deferred income 16,401 14,694 Operating lease liabilities — Ground leases 22,898 11,199 Operating lease liabilities — Office leases 2,032 2,167 Acquired below-market lease intangibles 8,124 6,472 Accumulated amortization of acquired below-market lease intangibles (2,707) (3,621) Acquired below-market lease intangibles, net of accumulated amortization 5,417 2,851 Interest rate swap liabilities 935 10,752 Tenant improvement cost liabilities 2,796 364 Other liabilities 3,516 5,650 Total Other liabilities $ 82,338 69,817

COMMON STOCK ACTIVITY (Tables)

COMMON STOCK ACTIVITY (Tables)	12 Months Ended
	Dec. 31, 2021
Equity [Abstract]
Common Stock Activity	The following table presents the common stock activity for the three years ended December 31, 2021: Years Ended December 31, 2021 2020 2019 Common Stock (in shares) Shares outstanding at beginning of year 39,676,828 38,925,953 36,501,356 Common stock offerings 1,551,181 709,924 2,388,342 Dividend reinvestment plan — — 1,893 Incentive restricted stock granted 66,623 69,446 59,943 Incentive restricted stock forfeited — (440) (3,010) Director common stock awarded 4,466 8,182 6,384 Director restricted stock granted — 208 — Restricted stock withheld for tax obligations (30,252) (36,445) (28,955) Shares outstanding at end of year 41,268,846 39,676,828 38,925,953
Common Stock Issuances Table [Table Text Block]	The following table presents the common stock issuance activity for the three years ended December 31, 2021: Years Ended December 31, Number of Shares of Net Proceeds (In thousands) 2021 1,551,181 $ 271,155 2020 709,924 92,663 2019 2,388,342 284,710

STOCK-BASED COMPENSATION (Table

STOCK-BASED COMPENSATION (Tables)	12 Months Ended
	Dec. 31, 2021
Share-based Payment Arrangement [Abstract]
Restricted Stock Activity	Restricted Stock Activity: Years Ended December 31, 2021 2020 2019 Shares Weighted Average Shares Weighted Average Shares Weighted Average Unvested at beginning of year 113,125 $ 100.86 130,884 $ 82.78 143,314 $ 70.26 Granted (1) (2) 66,623 115.30 69,446 101.19 59,943 94.62 Forfeited — — (440) 112.14 (3,010) 86.19 Vested (73,692) 91.59 (86,765) 73.80 (69,363) 66.99 Unvested at end of year 106,056 116.37 113,125 100.86 130,884 82.78 (1) Includes shares granted in prior years for which performance conditions have been satisfied and the number of shares have been determined. (2) Does not include the restricted shares that may be earned if the performance goals established in 2019 and 2020 for long-term performance and in 2021 for annual and long-term performance are achieved. Depending on the actual level of achievement of the goals at the end of the open performance periods, the number of shares earned could range from zero to 118,911.
Restricted Stock Non-vested Awards By Expected Vesting Period	Following is a vesting schedule of the total unvested shares for employees as of December 31, 2021: Unvested Shares Vesting Schedule Number of Shares 2022 49,155 2023 33,123 2024 15,690 2025 6,248 2026 1,840 Total Unvested Shares 106,056
Restriced Stock Activity - Directors	Following is a summary of the total restricted shares granted, forfeited and delivered (vested) to directors with the related weighted average grant date fair value share prices for 2021, 2020 and 2019. As of the vesting dates, the fair value of shares that vested during 2021, 2020 and 2019 was $21,000, $9,000 and $9,000, respectively. Restricted Stock Activity: Years Ended December 31, 2021 2020 2019 Shares Weighted Average Shares Weighted Average Shares Weighted Average Unvested at beginning of year 278 $ 112.45 140 $ 88.86 211 $ 88.86 Granted — — 208 120.39 — — Forfeited — — — — — — Vested (122) 102.30 (70) 88.86 (71) 88.86 Unvested at end of year 156 120.39 278 112.45 140 88.86
Fair value assumptions used in long-term compensation awards	The following table summarizes the assumptions used in the Monte Carlo simulation pricing model used to determine the grant date fair value of the multi-year market conditions component of the long-term compensation awards for 2021, 2020 and 2019: 2021 Award 2020 Award 2019 Award Valuation date 2/25/2021 3/6/2020 3/7/2019 Risk-free interest rate 0.39 % 0.62 % 2.52 % Expected share price volatility for the Company 30.51 % 16.72 % 18.13 % Expected share price volatility for peer group companies - low end of range 26.87 % 14.40 % 14.27 % Expected share price volatility for peer group companies - high end of range 54.25 % 49.23 % 35.76 % Expected dividend yield 2.27 % 2.28 % 2.72 % Number of simulation paths 1,000,000 1,000,000 1,000,000 Grant date fair value (in thousands) $ 2,941 2,037 2,413
Schedule of shared based compensation, service component of award, activity	The following table presents the service only component of the long-term compensation awards for the four years ended December 31, 2021: 2021 Award 2020 Award 2019 Award 2018 Award Grant date 2/25/2021 3/6/2020 3/7/2019 6/1/2018 Shares granted 7,801 7,217 9,947 7,884 Grant date share price $ 138.93 131.36 105.97 95.19
Long-term compensation awards with a total shareholder return component	The following table presents the total shareholder return component of the long-term compensation awards for the four years ended December 31, 2021: 2021 Award 2020 Award 2019 Award 2018 Award Grant date 2/25/2021 3/6/2020 3/7/2019 6/1/2018 Performance period 1/1/21 - 12/31/23 1/1/20 - 12/31/22 1/1/19 - 12/31/21 1/1/18 - 12/31/20 Range of earnable shares - low end of range — — — — Range of earnable shares - high end of range 36,400 25,261 33,442 27,086 Shares determined N/A (1) N/A (1) N/A (1) 27,086 (1) The performance conditions for this award have not yet been satisfied and the number of shares have not yet been determined.
Annual equity compensation awards based on company performance measures	The following table presents the Company performance measures component of the annual equity compensation awards for the three years ended December 31, 2021: 2021 Award 2020 Award 2019 Award (1) (2) 2019 Award (2) Grant date 2/25/2021 3/6/2020 8/28/2019 3/7/2019 Performance period 1/1/21 - 12/31/21 1/1/20 - 12/31/20 1/1/19 - 12/31/19 1/1/19 - 12/31/19 Range of earnable shares - low end of range — — — — Range of earnable shares - high end of range 19,052 19,282 15,990 9,594 Shares determined N/A (3) 18,380 15,990 9,162 Grant date share price $ 138.93 131.36 122.61 105.97 (1) The 2019 annual award had a separate component for the Company’s FFO per share for 2019. (2) The 2019 annual award vested 20% at the end of the one-year performance period and 20% in each of the following four (3) The performance conditions for this award have not yet been satisfied and the number of shares have not yet been determined.
Individual performance for annual equity compensation awards	The following table presents the individual performance goals component of the annual equity compensation awards for the three years ended December 31, 2021: 2021 Award 2020 Award 2019 Award (1) Grant date N/A (2) 2/17/2021 2/13/2020 Performance period 1/1/21 - 12/31/21 1/1/20 - 12/31/20 1/1/19 - 12/31/19 Range of earnable shares - low end of range — — — Range of earnable shares - high end of range 4,756 4,812 6,394 Shares determined N/A (2) 4,156 5,860 Grant date share price N/A (2) $ 142.89 141.63 (1) The 2019 annual award vested 20% at the end of the one-year performance period and 20% in each of the following four (2) The performance conditions for this award have not yet been satisfied and the grant date and number of shares have not yet been determined.
Schedule of share based compensation, non executive officers, activity	The following table presents the compensation awards to non-executive officers for the three years ended December 31, 2021: 2021 Award 2020 Award 2019 Award Grant date 7/7/2021 5/6/2020 5/14/2019 Shares granted 9,200 12,300 10,175 Grant date share price $ 168.35 105.30 112.14

COMPREHENSIVE INCOME (Tables)

COMPREHENSIVE INCOME (Tables)	12 Months Ended
	Dec. 31, 2021
Other Comprehensive Income (Loss), Net of Tax [Abstract]
Accumulated Other Comprehensive Income (Loss)	The components of Accumulated other comprehensive income (loss) for 2021, 2020 and 2019 are presented in the Company’s Consolidated Statements of Changes in Equity and are summarized below. See Note 12 for information regarding the Company’s interest rate swaps. Years Ended December 31, 2021 2020 2019 ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS): (In thousands) Balance at beginning of year $ (10,752) 2,807 6,701 Other comprehensive income (loss) - interest rate swaps 12,054 (13,559) (3,894) Balance at end of year $ 1,302 (10,752) 2,807

DERIVATIVE INSTRUMENTS AND HE_2

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Tables)	12 Months Ended
	Dec. 31, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Interest Rate Derivatives [Table Text Block]	As of December 31, 2021 and 2020, the Company had the following outstanding interest rate derivatives that are designated as cash flow hedges of interest rate risk: Interest Rate Derivative Notional Amount as of December 31, 2021 Notional Amount as of December 31, 2020 (In thousands) Interest Rate Swap — $40,000 Interest Rate Swap $75,000 $75,000 Interest Rate Swap $65,000 $65,000 Interest Rate Swap $100,000 $100,000 Interest Rate Swap $100,000 $100,000 Interest Rate Swap $50,000 —
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value	The table below presents the fair value of the Company’s derivative financial instruments as well as their classification on the Consolidated Balance Sheets as of December 31, 2021 and 2020. See Note 16 for additional information on the fair value of the Company’s interest rate swaps. Derivatives As of December 31, 2021 Derivatives As of December 31, 2020 Balance Sheet Location Fair Value Balance Sheet Location Fair Value (In thousands) Derivatives designated as cash flow hedges: Interest rate swap assets Other assets $ 2,237 Other assets $ — Interest rate swap liabilities Other liabilities 935 Other liabilities 10,752
Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance	The table below presents the effect of the Company’s derivative financial instruments on the Consolidated Statements of Income and Comprehensive Income for the years ended December 31, 2021, 2020 and 2019: Years Ended December 31, 2021 2020 2019 (In thousands) DERIVATIVES IN CASH FLOW HEDGING RELATIONSHIPS Interest Rate Swaps: Amount of income (loss) recognized in Other comprehensive income (loss) on derivatives $ 7,747 (17,364) (1,975) Amount of (income) loss reclassified from Accumulated other comprehensive income (loss) into Interest expense 4,307 3,805 (1,919)

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	12 Months Ended
	Dec. 31, 2021
Earnings Per Share [Abstract]
Earnings Per Share	Reconciliation of the numerators and denominators in the basic and diluted EPS computations is as follows: 2021 2020 2019 (In thousands) BASIC EPS COMPUTATION FOR NET INCOME ATTRIBUTABLE TO Numerator – net income attributable to common stockholders $ 157,557 108,363 121,662 Denominator – weighted average shares outstanding 40,255 39,185 37,442 DILUTED EPS COMPUTATION FOR NET INCOME ATTRIBUTABLE Numerator – net income attributable to common stockholders $ 157,557 108,363 121,662 Denominator: Weighted average shares outstanding 40,255 39,185 37,442 Unvested restricted stock 122 111 85 Total Shares 40,377 39,296 37,527

FAIR VALUE OF FINANCIAL INSTR_2

FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)	12 Months Ended
	Dec. 31, 2021
Fair Value Disclosures [Abstract]
Carrying amounts and fair value of financial instruments	The following table presents the carrying amounts and estimated fair values of the Company’s financial instruments in accordance with ASC 820 at December 31, 2021 and 2020. December 31, 2021 2020 Carrying Amount (1) Fair Carrying Amount (1) Fair (In thousands) Financial Assets: Cash and cash equivalents $ 4,393 4,393 21 21 Interest rate swap assets 2,237 2,237 — — Financial Liabilities: Unsecured bank credit facilities - variable rate (2) 209,210 209,202 125,000 124,820 Unsecured debt (2) 1,245,000 1,267,702 1,110,000 1,141,803 Secured debt (2) 2,156 2,269 79,096 80,435 Interest rate swap liabilities 935 935 10,752 10,752 (1) Carrying amounts shown in the table are included in the Consolidated Balance Sheets under the indicated captions, except as indicated in the notes below. (2) Carrying amounts and fair values shown in the table exclude debt issuance costs (see Notes 5 and 6 for additional information). The following methods and assumptions were used to estimate the fair value of each class of financial instruments: Cash and cash equivalents: The carrying amounts approximate fair value due to the short maturity of those instruments. Interest rate swap assets (included in Other assets on the Consolidated Balance Sheets): The instruments are recorded at fair value based on models using inputs, such as interest rate yield curves, LIBOR swap curves and OIS curves, observable for substantially the full term of the contract (Level 2 input). See Note 12 for additional information on the Company’s interest rate swaps. Unsecured bank credit facilities: The fair value of the Company’s unsecured bank credit facilities is estimated by discounting expected cash flows at current market rates (Level 2 input), excluding the effects of debt issuance costs. Unsecured debt: The fair value of the Company’s unsecured debt is estimated by discounting expected cash flows at the rates currently offered to the Company for debt of the same remaining maturities, as advised by the Company’s bankers (Level 2 input), excluding the effects of debt issuance costs. Secured debt: The fair value of the Company’s secured debt is estimated by discounting expected cash flows at the rates currently offered to the Company for debt of the same remaining maturities, as advised by the Company’s bankers (Level 2 input), excluding the effects of debt issuance costs. Interest rate swap liabilities (included in Other liabilities on the Consolidated Balance Sheets): The instruments are recorded at fair value based on models using inputs, such as interest rate yield curves, LIBOR swap curves and OIS curves, observable for substantially the full term of the contract (Level 2 input). See Note 12 for additional information on the Company’s interest rate swaps.

SIGNIFICANT ACCOUNTING POLICI_4

SIGNIFICANT ACCOUNTING POLICIES (Details)	12 Months Ended
	Dec. 31, 2019a	Dec. 31, 2021Integer	Dec. 31, 2020Integer
Controlling interest joint ventures & equity method investees
Percentage of assets, liabilities, revenues, and expenses of the buildings held in joint ventures with the noncontrolling interests		100.00%
Number of joint venture agreements | Integer			2
Speed Distribution Center
Controlling interest joint ventures & equity method investees
Square feet of property developed | Integer		519,000
University Business Center 120 [Member]
Controlling interest joint ventures & equity method investees
Less Than Wholly Owned Joint Venture Investment Ownership Percentage			80.00%
Industry Distribution Center II - undivided tenant-in-common interest [Member]
Controlling interest joint ventures & equity method investees
Tenant-in-common interest in Industry Distribution Center II (in hundredths)		50.00%
Real Estate Properties [Domain] | Miramar Land [Member]
Controlling interest joint ventures & equity method investees
Size (in acres) of land | a	6.5
Less Than Wholly Owned Joint Venture Investment Ownership Percentage		95.00%	95.00%
Real Estate Properties [Domain] | Otay Mesa Land
Controlling interest joint ventures & equity method investees
Size (in acres) of land | a	41.6
Less Than Wholly Owned Joint Venture Investment Ownership Percentage		99.00%	99.00%

SIGNIFICANT ACCOUNTING POLICI_5

SIGNIFICANT ACCOUNTING POLICIES (Details 1) - $ / shares	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Federal Income Tax Treatment of Share Distributions [Abstract]
Ordinary taxable income distribution requirement	90.00%
Common Stock
Federal Income Tax Treatment of Share Distributions [Abstract]
Ordinary dividends (in dollars per share)	$ 3.61656	$ 3.32868	$ 3.14000
Nondividend distributions (in dollars per share)	0	0	0
Unrecaptured Section 1250 capital gain (in dollars per share)	0	0	0
Other capital gain (in dollars per share)	0	0	0
Total Common Share Distributions	$ 3.61656	$ 3.32868	$ 3.14000

SIGNIFICANT ACCOUNTING POLICI_6

SIGNIFICANT ACCOUNTING POLICIES (Details 2) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Real Estate Properties [Line Items]
Indirect leasing costs	$ 700,000	$ 661,000	$ 411,000
Depreciation	$ 104,910,000	$ 96,290,000	$ 86,590,000
Buildings [Member]
Real Estate Properties [Line Items]
Estimated useful life (in years)	40 years
Improvements [Member] | Minimum [Member]
Real Estate Properties [Line Items]
Estimated useful life (in years)	3 years
Improvements [Member] | Maximum [Member]
Real Estate Properties [Line Items]
Estimated useful life (in years)	15 years

SIGNIFICANT ACCOUNTING POLICI_7

SIGNIFICANT ACCOUNTING POLICIES (Details 3) - USD ($)		12 Months Ended
		Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Accounting Policies [Abstract]
Amortization of debt issuance costs		$ 1,296,000	$ 1,418,000	$ 1,344,000
Amortization of facility fees		751,000	790,000	790,000
Leasing costs amortization expense		16,209,000	14,449,000	13,167,000
Rental Income (Increase) Decrease For Amortization Of Acquired In Place Lease Intangibles		(1,048,000)	(1,451,000)	(1,229,000)
Amortization of Intangible Assets		5,980,000	5,620,000	$ 4,967,000
Future Amortization In Place Lease Expense Year One		6,461,000
Future Amortization In Place Lease Expense Year Two		4,400,000
Future Amortization In Place Lease Expense Year Three		3,276,000
Future Amortization In Place Lease Expense Year Four		2,465,000
Future Amortization In Place Lease Expense Year Five		1,391,000
Real Estate Properties [Line Items]
Land		544,505,000	502,739,000
Tenant and other mprovements		570,627,000	524,954,000
Right of use assets - Ground leases (operating)	[1]	22,635,000	11,073,000
Real Estate Investment Property, at Cost		4,051,325,000	3,519,085,000
In-place lease intangibles		$ 31,561,000	$ 28,107,000
2021 acquisitions
Real Estate Properties [Line Items]
Operating Lease, Weighted Average Remaining Lease Term		2 years 10 months 24 days
2021 acquisitions | Land [Member]
Real Estate Properties [Line Items]
Land		$ 42,554,000
2021 acquisitions | Building and Building Improvements
Real Estate Properties [Line Items]
Buildings and improvements		225,645,000
2021 acquisitions | Tenant and other improvements
Real Estate Properties [Line Items]
Tenant and other mprovements		4,907,000
2021 acquisitions | Right of use assets - ground leases (operating)
Real Estate Properties [Line Items]
Right of use assets - Ground leases (operating)		12,708,000
2021 acquisitions | Total assets acquired
Real Estate Properties [Line Items]
Real Estate Investment Property, at Cost		285,814,000
2021 acquisitions | In-place lease intangibles
Real Estate Properties [Line Items]
In-place lease intangibles		9,949,000
2021 acquisitions | Above market lease intangibles
Real Estate Properties [Line Items]
Above market lease intangibles		6,000
2021 acquisitions | Below market lease intangibles
Real Estate Properties [Line Items]
Below market lease intangibles		(3,836,000)
2021 acquisitions | Operating lease liabilities - ground leases
Real Estate Properties [Line Items]
Operating lease liabilities - Ground leases		(12,708,000)
2021 acquisitions | Total assets acquired, net of liabilities assumed
Real Estate Properties [Line Items]
Total assets acquired, net of liabilities assumed		$ 279,225,000
2020 Acquisitions [Member]
Real Estate Properties [Line Items]
Operating Lease, Weighted Average Remaining Lease Term			3 years 10 months 24 days
2020 Acquisitions [Member] | Land [Member]
Real Estate Properties [Line Items]
Land			$ 23,565,000
2020 Acquisitions [Member] | Building and Building Improvements
Real Estate Properties [Line Items]
Buildings and improvements			42,024,000
2020 Acquisitions [Member] | Tenant and other improvements
Real Estate Properties [Line Items]
Tenant and other mprovements			7,971,000
2020 Acquisitions [Member] | Right of use assets - ground leases (operating)
Real Estate Properties [Line Items]
Right of use assets - Ground leases (operating)			0
2020 Acquisitions [Member] | Total assets acquired
Real Estate Properties [Line Items]
Real Estate Investment Property, at Cost			73,560,000
2020 Acquisitions [Member] | In-place lease intangibles
Real Estate Properties [Line Items]
In-place lease intangibles			3,257,000
2020 Acquisitions [Member] | Above market lease intangibles
Real Estate Properties [Line Items]
Above market lease intangibles			104,000
2020 Acquisitions [Member] | Below market lease intangibles
Real Estate Properties [Line Items]
Below market lease intangibles			(403,000)
2020 Acquisitions [Member] | Operating lease liabilities - ground leases
Real Estate Properties [Line Items]
Operating lease liabilities - Ground leases			0
2020 Acquisitions [Member] | Total assets acquired, net of liabilities assumed
Real Estate Properties [Line Items]
Total assets acquired, net of liabilities assumed			$ 76,518,000
2019 Acquisitions [Member]
Real Estate Properties [Line Items]
Operating Lease, Weighted Average Remaining Lease Term				6 years
2019 Acquisitions [Member] | Land [Member]
Real Estate Properties [Line Items]
Land				$ 76,039,000
2019 Acquisitions [Member] | Building and Building Improvements
Real Estate Properties [Line Items]
Buildings and improvements				144,301,000
2019 Acquisitions [Member] | Tenant and other improvements
Real Estate Properties [Line Items]
Tenant and other mprovements				6,490,000
2019 Acquisitions [Member] | Right of use assets - ground leases (operating)
Real Estate Properties [Line Items]
Right of use assets - Ground leases (operating)				2,679,000
2019 Acquisitions [Member] | Total assets acquired
Real Estate Properties [Line Items]
Real Estate Investment Property, at Cost				229,509,000
2019 Acquisitions [Member] | In-place lease intangibles
Real Estate Properties [Line Items]
In-place lease intangibles				10,020,000
2019 Acquisitions [Member] | Above market lease intangibles
Real Estate Properties [Line Items]
Above market lease intangibles				344,000
2019 Acquisitions [Member] | Below market lease intangibles
Real Estate Properties [Line Items]
Below market lease intangibles				(2,685,000)
2019 Acquisitions [Member] | Operating lease liabilities - ground leases
Real Estate Properties [Line Items]
Operating lease liabilities - Ground leases				(2,679,000)
2019 Acquisitions [Member] | Total assets acquired, net of liabilities assumed
Real Estate Properties [Line Items]
Total assets acquired, net of liabilities assumed				$ 234,509,000
[1]	See Ground Leases discussion below for information regarding the Company’s right of use assets for ground leases.

SIGNIFICANT ACCOUNTING POLICI_8

SIGNIFICANT ACCOUNTING POLICIES (Details 4)	12 Months Ended
	Dec. 31, 2021Integer
Property Acquisitions
Number of Reportable Segments	1
Development properties [Member]
Property Acquisitions
Percentage of Occupation when property transfers from the development and value-add program to real estate properties	90.00%
Length of Time After Project Acquisition (for Value-add) or Shell Completion (for Developments) When Project Transfers to Real Estate Properties	1 year
Value-add properties [Member]
Property Acquisitions
Percentage of Occupation when property transfers from the development and value-add program to real estate properties	90.00%
Length of Time After Project Acquisition (for Value-add) or Shell Completion (for Developments) When Project Transfers to Real Estate Properties	1 year
Development and value-add properties [Member]
Property Acquisitions
Percentage of Occupation When Costs Ceased Being Capitalized for development and value-add properties	90.00%
Length of Time After Project Completion When Development Cost Ceased Being Capitalized	1 year

SIGNIFICANT ACCOUNTING POLICI_9

SIGNIFICANT ACCOUNTING POLICIES SIGNIFICANT ACCOUNTING POLICIES (Details 5) - USD ($)		12 Months Ended
		Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Real Estate Properties [Line Items]
Indirect leasing costs		$ 700,000	$ 661,000	$ 411,000
Operating Lease, Lease Income		306,658,000	271,094,000	248,237,000
Operating Lease, Variable Lease Income	[1]	102,754,000	91,575,000	82,576,000
Income from real estate operations		409,412,000	362,669,000	$ 330,813,000
Operating Leases, Future Minimum Payments Receivable, Current		322,765,000
Operating Leases, Future Minimum Payments Receivable, in Two Years		291,810,000
Operating Leases, Future Minimum Payments Receivable, in Three Years		245,109,000
Operating Leases, Future Minimum Payments Receivable, in Four Years		195,340,000
Operating Leases, Future Minimum Payments Receivable, in Five Years		146,152,000
Operating Leases, Future Minimum Payments Receivable, Thereafter		313,050,000
Operating Leases, Future Minimum Payments Receivable		1,514,226,000
Right of use assets - Office Leases		1,984,000	2,131,000
Right-of-Use Assets - Ground Leases (operating)	[2]	$ 22,635,000	$ 11,073,000
[1]	Primarily includes tenant reimbursements for real estate taxes, insurance and common area maintenance.
[2]	See Ground Leases discussion below for information regarding the Company’s right of use assets for ground leases.

REAL ESTATE PROPERTIES - Summar

REAL ESTATE PROPERTIES - Summary (Details)		12 Months Ended
		Dec. 31, 2021USD ($)ft²a	Dec. 31, 2020USD ($)ft²	Dec. 31, 2019USD ($)ft²a
Real Estate Properties [Line Items]
Percentage of occupancy to qualify as value-add property		75.00%
Percentage of acquisition price to be spent on capital items to qualify as value-add property		20.00%
Land		$ 544,505,000	$ 502,739,000
Buildings and building improvements		2,408,944,000	2,120,731,000
Tenant and other mprovements		570,627,000	524,954,000
Right-of-Use Assets - Ground Leases (operating)	[1]	22,635,000	11,073,000
Development and value-add properties		504,614,000	359,588,000
Total real estate properties acquired		4,051,325,000	3,519,085,000
Real Estate Investment Property, Accumulated Depreciation		1,035,617,000	955,328,000
Real Estate Investment Property, Net		$ 3,015,708,000	$ 2,563,757,000
2021 acquisitions
Real Estate Properties [Line Items]
Size | ft²	[2]	1,806,000
Purchase price	[2]	$ 279,225,000
2021 operating properties acquired
Real Estate Properties [Line Items]
Size | ft²	[3]	760,000
Purchase price	[3]	$ 108,149,000
2021 value-add properties acquired
Real Estate Properties [Line Items]
Size | ft²	[4]	1,046,000
Purchase price	[4]	$ 171,076,000
2021 value-add properties acquired | Development land
Real Estate Properties [Line Items]
Size | a		365.8
Purchase price		$ 41,065,000
2020 operating properties acquired
Real Estate Properties [Line Items]
Size | ft²	[3]		347,000
Purchase price	[3]		$ 48,656,000
2020 Acquisitions [Member]
Real Estate Properties [Line Items]
Size | ft²	[2]		509,000
Purchase price	[2]		$ 76,518,000
2019 operating properties acquired
Real Estate Properties [Line Items]
Size | ft²	[3]			884,000
Purchase price	[3]			$ 141,886,000
Size (in acres) of land | a	[3]			48.1
2019 value-add properties acquired
Real Estate Properties [Line Items]
Size | ft²	[4]			890,000
Purchase price	[4]			$ 92,623,000
2019 Acquisitions [Member]
Real Estate Properties [Line Items]
Size | ft²	[2]			1,774,000
Purchase price	[2]			$ 234,509,000
Size (in acres) of land | a				48.1
Southpark Distribution Center 2 | 2021 operating properties acquired
Real Estate Properties [Line Items]
Size | ft²	[3]	79,000
Date of Acquisition	[3]	Jun. 10, 2021
Purchase price	[3]	$ 9,177,000
DFW Global Logistics Centre | 2021 operating properties acquired
Real Estate Properties [Line Items]
Size | ft²	[3]	611,000
Date of Acquisition	[3]	Aug. 26, 2021
Purchase price	[3]	$ 89,829,000
Progress Center 3 | 2021 operating properties acquired
Real Estate Properties [Line Items]
Size | ft²	[3]	50,000
Date of Acquisition	[3]	Sep. 23, 2021
Purchase price	[3]	$ 5,000,000
Texas Avenue | 2021 operating properties acquired
Real Estate Properties [Line Items]
Size | ft²	[3]	20,000
Date of Acquisition	[3]	Oct. 15, 2021
Purchase price	[3]	$ 4,143,000
Access Point 1 | 2021 value-add properties acquired
Real Estate Properties [Line Items]
Size | ft²	[4]	156,000
Date of Acquisition	[4]	Jan. 15, 2021
Purchase price	[4]	$ 10,501,000
Northpoint 200 [Member] | 2021 value-add properties acquired
Real Estate Properties [Line Items]
Size | ft²	[4]	79,000
Date of Acquisition	[4]	Jan. 21, 2021
Purchase price	[4]	$ 6,516,000
Access Point 2 | 2021 value-add properties acquired
Real Estate Properties [Line Items]
Size | ft²	[4]	159,000
Date of Acquisition	[4]	May 19, 2021
Purchase price	[4]	$ 10,743,000
Cherokee 75 Business Center 2 | 2021 value-add properties acquired
Real Estate Properties [Line Items]
Size | ft²	[4]	105,000
Date of Acquisition	[4]	Jun. 17, 2021
Purchase price	[4]	$ 8,837,000
Siempre Viva 3-6 | 2021 value-add properties acquired
Real Estate Properties [Line Items]
Size | ft²	[4]	547,000
Date of Acquisition	[4]	Dec. 1, 2021
Purchase price	[4]	$ 134,479,000
Wells Point One | 2020 operating properties acquired
Real Estate Properties [Line Items]
Size | ft²	[3]		50,000
Date of Acquisition	[3]		Feb. 28, 2020
Purchase price	[3]		$ 6,231,000
Cherokee 75 Business Center I | 2020 operating properties acquired
Real Estate Properties [Line Items]
Size | ft²	[3]		85,000
Date of Acquisition	[3]		Dec. 15, 2020
Purchase price	[3]		$ 8,323,000
The Rock at Star Business Park | 2020 operating properties acquired
Real Estate Properties [Line Items]
Size | ft²	[3]		212,000
Date of Acquisition	[3]		Dec. 17, 2020
Purchase price	[3]		$ 34,102,000
Rancho Distribution Center | 2020 value-add properties acquired
Real Estate Properties [Line Items]
Size | ft²	[4]		162,000
Date of Acquisition	[4]		Oct. 15, 2020
Purchase price	[4]		$ 27,862,000
Airways Business Center [Member] | 2019 operating properties acquired
Real Estate Properties [Line Items]
Size | ft²	[3]			382,000
Date of Acquisition	[3]			May 20, 2019
Purchase price	[3]			$ 48,327,000
Miramar Land [Member] | 2019 operating properties acquired
Real Estate Properties [Line Items]
Size | a	[3],[5]			6.5
Date of Acquisition	[3],[5]			May 31, 2019
Purchase price	[3],[5]			$ 13,386,000
385 Business Park [Member] | 2019 operating properties acquired
Real Estate Properties [Line Items]
Size | ft²	[3]			155,000
Date of Acquisition	[3]			Jul. 31, 2019
Purchase price	[3]			$ 13,900,000
Grand Oaks 75 Business Center I [Member] | 2019 operating properties acquired
Real Estate Properties [Line Items]
Size | ft²	[3]			169,000
Date of Acquisition	[3]			Sep. 6, 2019
Purchase price	[3]			$ 17,974,000
Siempre Viva Distribution Center II [Member] | 2019 operating properties acquired
Real Estate Properties [Line Items]
Size | ft²	[3]			60,000
Date of Acquisition	[3]			Oct. 4, 2019
Purchase price	[3]			$ 8,621,000
Rocky Point Distribution Center I [Member] | 2019 operating properties acquired
Real Estate Properties [Line Items]
Size | ft²	[3]			118,000
Date of Acquisition	[3]			Dec. 17, 2019
Purchase price	[3]			$ 24,396,000
Otay Mesa Land | 2019 operating properties acquired
Real Estate Properties [Line Items]
Size | a	[3],[5]			41.6
Date of Acquisition	[3],[5]			Dec. 31, 2019
Purchase price	[3],[5]			$ 15,282,000
Logistics Center 6 & 7 [Member] | 2019 value-add properties acquired
Real Estate Properties [Line Items]
Size | ft²	[4]			142,000
Date of Acquisition	[4]			Apr. 23, 2019
Purchase price	[4]			$ 12,960,000
Arlington Tech Centre 1 & 2 [Member] | 2019 value-add properties acquired
Real Estate Properties [Line Items]
Size | ft²	[4]			151,000
Date of Acquisition	[4]			Aug. 16, 2019
Purchase price	[4]			$ 12,615,000
Grand Oaks 75 2 [Member] | 2019 value-add properties acquired
Real Estate Properties [Line Items]
Size | ft²	[4]			150,000
Date of Acquisition	[4]			Sep. 6, 2019
Purchase price	[4]			$ 12,815,000
Interstate Commons II [Member] | 2019 value-add properties acquired
Real Estate Properties [Line Items]
Size | ft²	[4]			142,000
Date of Acquisition	[4]			Oct. 21, 2019
Purchase price	[4]			$ 9,386,000
Southwest Commerce Center [Member] | 2019 value-add properties acquired
Real Estate Properties [Line Items]
Size | ft²	[4]			196,000
Date of Acquisition	[4]			Oct. 30, 2019
Purchase price	[4]			$ 25,609,000
Rocky Point Distribution Center II [Member] | 2019 value-add properties acquired
Real Estate Properties [Line Items]
Size | ft²	[4]			109,000
Date of Acquisition	[4]			Dec. 17, 2019
Purchase price	[4]			$ 19,238,000
[1]	See Ground Leases discussion below for information regarding the Company’s right of use assets for ground leases.
[2]	Excludes development land as detailed below.
[3]	Operating properties are defined as stabilized real estate properties (land including buildings and improvements) in the Company’s operating portfolio; included in Real estate properties on the Consolidated Balance Sheets.
[4]	Value-add properties are defined as properties that are either acquired but not stabilized or can be converted to a higher and better use.  Acquired properties meeting either of the following two conditions are considered value-add properties:  (1) Less than 75% occupied as of the acquisition date (or will be less than 75% occupied within one year of acquisition date based on near term lease roll), or (2) 20% or greater of the acquisition cost will be spent to redevelop the property.
[5]	Land which was leased at the time of acquisition and including in the operating portfolio

REAL ESTATE PROPERTIES - Sales

REAL ESTATE PROPERTIES - Sales of Real Estate (Details)		12 Months Ended
		Dec. 31, 2021USD ($)ft²	Dec. 31, 2020USD ($)ft²	Dec. 31, 2019USD ($)ft²
Real Estate Properties [Line Items]
Net Sales Price of Real Estate Sold		$ 44,260,000	$ 20,510,000	$ 66,559,000
Basis		5,401,000	7,365,000	25,491,000
Gain on Sales of Real Estate Investments		$ 38,859,000	$ 13,145,000	$ 41,068,000
Land [Member] | Yosemite Land
Real Estate Properties [Line Items]
SIze (in acres) of land sold | ft²				0.2
Proceeds from Sale of Property, Plant, and Equipment				$ 185,000
Gain on sales of land				$ 83,000
University Business Center 120 [Member]
Real Estate Properties [Line Items]
Less Than Wholly Owned Joint Venture Investment Ownership Percentage			80.00%
Less Than Wholly Owned Joint Venture Investment Ownership Percentage Sold			80.00%
University Business Center 130 [Member]
Real Estate Properties [Line Items]
Less Than Wholly Owned Joint Venture Investment Ownership Percentage				80.00%
Less Than Wholly Owned Joint Venture Investment Ownership Percentage				20.00%
Jetport Commerce Park [Member]
Real Estate Properties [Line Items]
Size (in square feet) of property sold | ft²		284,000
Date Of Property Sale		11/09/2021
Net Sales Price of Real Estate Sold		$ 44,260,000
Basis		5,401,000
Gain on Sales of Real Estate Investments		$ 38,859,000
University Business Center 120 [Member]
Real Estate Properties [Line Items]
Size (in square feet) of property sold | ft²	[1]		46,000
Date Of Property Sale	[1]		12/01/2020
Net Sales Price of Real Estate Sold	[1]		$ 10,342,000
Basis	[1]		4,007,000
Gain on Sales of Real Estate Investments	[1]		$ 6,335,000
Central Green Distribution Center [Member]
Real Estate Properties [Line Items]
Size (in square feet) of property sold | ft²			80,000
Date Of Property Sale			12/23/2020
Net Sales Price of Real Estate Sold			$ 10,168,000
Basis			3,358,000
Gain on Sales of Real Estate Investments			$ 6,810,000
World Houston International Business Ctr 5 [Member]
Real Estate Properties [Line Items]
Size (in square feet) of property sold | ft²				51,000
Date Of Property Sale				01/29/2019
Net Sales Price of Real Estate Sold				$ 3,679,000
Basis				1,354,000
Gain on Sales of Real Estate Investments				$ 2,325,000
Altamonte Commerce Center [Member]
Real Estate Properties [Line Items]
Size (in square feet) of property sold | ft²				186,000
Date Of Property Sale				05/20/2019
Net Sales Price of Real Estate Sold				$ 14,423,000
Basis				5,342,000
Gain on Sales of Real Estate Investments				$ 9,081,000
University Business Center 130 [Member]
Real Estate Properties [Line Items]
Size (in square feet) of property sold | ft²	[2]			40,000
Date Of Property Sale	[2]			11/07/2019
Net Sales Price of Real Estate Sold	[2]			$ 11,083,000
Basis	[2]			2,729,000
Gain on Sales of Real Estate Investments	[2]			$ 8,354,000
Southpointe Distribution Center [Member]
Real Estate Properties [Line Items]
Size (in square feet) of property sold | ft²				207,000
Date Of Property Sale				12/03/2019
Net Sales Price of Real Estate Sold				$ 13,699,000
Basis				2,281,000
Gain on Sales of Real Estate Investments				$ 11,418,000
University Business Center 125 and 175 [Member]
Real Estate Properties [Line Items]
Size (in square feet) of property sold | ft²				133,000
Date Of Property Sale				12/11/2019
Net Sales Price of Real Estate Sold				$ 23,675,000
Basis				13,785,000
Gain on Sales of Real Estate Investments				$ 9,890,000
[1]	EastGroup owned 80% of University Business Center 120 through a joint venture partnership. EastGroup sold its 80% share of the joint venture, and the partnership was dissolved. The information shown for this transaction represents EastGroup’s 80% ownership.
[2]	EastGroup owned 80% of University Business Center 130 through a joint venture partnership. The information shown for this transaction also includes the 20% attributable to the Company’s noncontrolling interest partner.

REAL ESTATE PROPERTIES - Develo

REAL ESTATE PROPERTIES - Development and Value-Add Disclosures (Details)		12 Months Ended
		Dec. 31, 2021USD ($)ft²	Dec. 31, 2020USD ($)	Dec. 31, 2019USD ($)
Real Estate [Line Items]
Interest costs capitalized on development properties		$ 9,028,000	$ 9,651,000	$ 8,453,000
Internal Development Costs Capitalized During Period		7,713,000	6,689,000	6,918,000
Improvements And Developments Transfers To Real Estate Properties		13,236,000
Development costs incurred, for the period		$ 418,855,000	$ 195,446,000	$ 318,288,000
Lease Up [Member]
Real Estate [Line Items]
Size | ft²		1,208,000
Costs Transferred In Current Year	[1]	$ 7,703,000
Development costs incurred, for the period		176,520,000
Development and value-add properties		184,223,000
Estimated Total Cumulative Development Costs	[2]	$ 193,600,000
Lease Up [Member] | Access Point 1
Real Estate [Line Items]
Size | ft²	[3]	156,000
Costs Transferred In Current Year	[1],[3]	$ 0
Development costs incurred, for the period	[3]	12,522,000
Development and value-add properties	[3]	12,522,000
Estimated Total Cumulative Development Costs	[2],[3]	$ 13,300,000
Conversion date (or anticipated conversion date, if property is in lease-up or under construction)	[3]	01/22
Lease Up [Member] | Access Point 2
Real Estate [Line Items]
Size | ft²	[3]	159,000
Costs Transferred In Current Year	[1],[3]	$ 0
Development costs incurred, for the period	[3]	11,631,000
Development and value-add properties	[3]	11,631,000
Estimated Total Cumulative Development Costs	[2],[3]	$ 13,100,000
Conversion date (or anticipated conversion date, if property is in lease-up or under construction)	[3]	05/22
Lease Up [Member] | Grand Oaks 75 3
Real Estate [Line Items]
Size | ft²		136,000
Costs Transferred In Current Year	[1]	$ 2,198,000
Development costs incurred, for the period		7,994,000
Development and value-add properties		10,192,000
Estimated Total Cumulative Development Costs	[2]	$ 12,400,000
Conversion date (or anticipated conversion date, if property is in lease-up or under construction)		07/22
Lease Up [Member] | Horizon West 2 & 3
Real Estate [Line Items]
Size | ft²		210,000
Costs Transferred In Current Year	[1]	$ 5,505,000
Development costs incurred, for the period		11,685,000
Development and value-add properties		17,190,000
Estimated Total Cumulative Development Costs	[2]	$ 19,200,000
Conversion date (or anticipated conversion date, if property is in lease-up or under construction)		09/22
Lease Up [Member] | Siempre Viva 3-6
Real Estate [Line Items]
Size | ft²	[3]	547,000
Costs Transferred In Current Year	[1],[3]	$ 0
Development costs incurred, for the period	[3]	132,688,000
Development and value-add properties	[3]	132,688,000
Estimated Total Cumulative Development Costs	[2],[3]	$ 135,600,000
Conversion date (or anticipated conversion date, if property is in lease-up or under construction)	[3]	12/22
Under construction [Member]
Real Estate [Line Items]
Size | ft²		2,697,000
Costs Transferred In Current Year	[1]	$ 59,356,000
Development costs incurred, for the period		128,278,000
Development and value-add properties		192,388,000
Estimated Total Cumulative Development Costs	[2]	$ 331,100,000
Under construction [Member] | Speed Distribution Center
Real Estate [Line Items]
Size | ft²		519,000
Costs Transferred In Current Year	[1],[4]	$ 17,758,000
Development costs incurred, for the period		50,060,000
Development and value-add properties		67,818,000
Estimated Total Cumulative Development Costs	[2]	$ 88,600,000
Conversion date (or anticipated conversion date, if property is in lease-up or under construction)		03/22
Under construction [Member] | SunCoast Commerce Center 12
Real Estate [Line Items]
Size | ft²		79,000
Costs Transferred In Current Year	[1]	$ 960,000
Development costs incurred, for the period		3,218,000
Development and value-add properties		4,178,000
Estimated Total Cumulative Development Costs	[2]	$ 8,000,000
Conversion date (or anticipated conversion date, if property is in lease-up or under construction)		06/22
Under construction [Member] | Creekview 9 & 10
Real Estate [Line Items]
Size | ft²		145,000
Costs Transferred In Current Year	[1]	$ 4,350,000
Development costs incurred, for the period		6,986,000
Development and value-add properties		11,336,000
Estimated Total Cumulative Development Costs	[2]	$ 17,200,000
Conversion date (or anticipated conversion date, if property is in lease-up or under construction)		07/22
Under construction [Member] | Steele Creek 8
Real Estate [Line Items]
Size | ft²		72,000
Costs Transferred In Current Year	[1]	$ 1,869,000
Development costs incurred, for the period		859,000
Development and value-add properties		2,728,000
Estimated Total Cumulative Development Costs	[2]	$ 8,400,000
Conversion date (or anticipated conversion date, if property is in lease-up or under construction)		08/22
Under construction [Member] | Basswood 1 & 2
Real Estate [Line Items]
Size | ft²		237,000
Costs Transferred In Current Year	[1]	$ 0
Development costs incurred, for the period		10,475,000
Development and value-add properties		15,229,000
Estimated Total Cumulative Development Costs	[2]	$ 22,100,000
Conversion date (or anticipated conversion date, if property is in lease-up or under construction)		02/23
Under construction [Member] | Gateway Commerce Park 3
Real Estate [Line Items]
Size | ft²		133,000
Costs Transferred In Current Year	[1]	$ 6,791,000
Development costs incurred, for the period		6,375,000
Development and value-add properties		13,166,000
Estimated Total Cumulative Development Costs	[2]	$ 19,100,000
Conversion date (or anticipated conversion date, if property is in lease-up or under construction)		04/23
Under construction [Member] | Grand Oaks 75 4
Real Estate [Line Items]
Size | ft²		185,000
Costs Transferred In Current Year	[1]	$ 3,313,000
Development costs incurred, for the period		3,065,000
Development and value-add properties		6,378,000
Estimated Total Cumulative Development Costs	[2]	$ 17,900,000
Conversion date (or anticipated conversion date, if property is in lease-up or under construction)		04/23
Under construction [Member] | Tri-County Crossing 5
Real Estate [Line Items]
Size | ft²		105,000
Costs Transferred In Current Year	[1]	$ 1,328,000
Development costs incurred, for the period		4,272,000
Development and value-add properties		5,600,000
Estimated Total Cumulative Development Costs	[2]	$ 10,300,000
Conversion date (or anticipated conversion date, if property is in lease-up or under construction)		04/23
Under construction [Member] | Americas Ten 2
Real Estate [Line Items]
Size | ft²		168,000
Costs Transferred In Current Year	[1]	$ 2,885,000
Development costs incurred, for the period		6,215,000
Development and value-add properties		9,100,000
Estimated Total Cumulative Development Costs	[2]	$ 14,100,000
Conversion date (or anticipated conversion date, if property is in lease-up or under construction)		05/23
Under construction [Member] | Grand West Crossing 1
Real Estate [Line Items]
Size | ft²		121,000
Costs Transferred In Current Year	[1]	$ 3,492,000
Development costs incurred, for the period		5,377,000
Development and value-add properties		8,869,000
Estimated Total Cumulative Development Costs	[2]	$ 15,700,000
Conversion date (or anticipated conversion date, if property is in lease-up or under construction)		05/23
Under construction [Member] | 45 Crossing
Real Estate [Line Items]
Size | ft²		177,000
Costs Transferred In Current Year	[1]	$ 0
Development costs incurred, for the period		17,060,000
Development and value-add properties		17,060,000
Estimated Total Cumulative Development Costs	[2]	$ 26,200,000
Conversion date (or anticipated conversion date, if property is in lease-up or under construction)		06/23
Under construction [Member] | McKinney 3 & 4
Real Estate [Line Items]
Size | ft²		212,000
Costs Transferred In Current Year	[1]	$ 5,120,000
Development costs incurred, for the period		5,318,000
Development and value-add properties		10,438,000
Estimated Total Cumulative Development Costs	[2]	$ 26,300,000
Conversion date (or anticipated conversion date, if property is in lease-up or under construction)		06/23
Under construction [Member] | Ridgeview 3
Real Estate [Line Items]
Size | ft²		88,000
Costs Transferred In Current Year	[1]	$ 1,443,000
Development costs incurred, for the period		4,361,000
Development and value-add properties		5,804,000
Estimated Total Cumulative Development Costs	[2]	$ 10,700,000
Conversion date (or anticipated conversion date, if property is in lease-up or under construction)		06/23
Under construction [Member] | Tri-County Crossing 6
Real Estate [Line Items]
Size | ft²		124,000
Costs Transferred In Current Year	[1]	$ 1,576,000
Development costs incurred, for the period		2,206,000
Development and value-add properties		3,782,000
Estimated Total Cumulative Development Costs	[2]	$ 9,900,000
Conversion date (or anticipated conversion date, if property is in lease-up or under construction)		06/23
Under construction [Member] | Lakeport 4 & 5
Real Estate [Line Items]
Size | ft²		177,000
Costs Transferred In Current Year	[1]	$ 6,668,000
Development costs incurred, for the period		1,270,000
Development and value-add properties		7,938,000
Estimated Total Cumulative Development Costs	[2]	$ 22,400,000
Conversion date (or anticipated conversion date, if property is in lease-up or under construction)		08/23
Under construction [Member] | I-20 West Business Center
Real Estate [Line Items]
Size | ft²		155,000
Costs Transferred In Current Year	[1]	$ 1,803,000
Development costs incurred, for the period		1,161,000
Development and value-add properties		2,964,000
Estimated Total Cumulative Development Costs	[2]	$ 14,200,000
Conversion date (or anticipated conversion date, if property is in lease-up or under construction)		10/23
Prospective Development [Member]
Real Estate [Line Items]
Size | ft²		6,937,000
Costs Transferred In Current Year	[1]	$ (49,301,000)
Development costs incurred, for the period		43,680,000
Development and value-add properties		$ 128,003,000
Prospective Development [Member] | Fort Myers [Member]
Real Estate [Line Items]
Size | ft²		543,000
Costs Transferred In Current Year	[1]	$ (960,000)
Development costs incurred, for the period		1,392,000
Development and value-add properties		$ 8,298,000
Prospective Development [Member] | Miami [Member]
Real Estate [Line Items]
Size | ft²		243,000
Costs Transferred In Current Year	[1]	$ (6,791,000)
Development costs incurred, for the period		826,000
Development and value-add properties		$ 14,331,000
Prospective Development [Member] | Orlando [Member]
Real Estate [Line Items]
Size | ft²		1,278,000
Costs Transferred In Current Year	[1]	$ (5,505,000)
Development costs incurred, for the period		4,065,000
Development and value-add properties		$ 26,238,000
Prospective Development [Member] | Tampa [Member]
Real Estate [Line Items]
Size | ft²		32,000
Costs Transferred In Current Year	[1]	$ (5,511,000)
Development costs incurred, for the period		613,000
Development and value-add properties		$ 825,000
Prospective Development [Member] | Atlanta [Member]
Real Estate [Line Items]
Size | ft²		580,000
Costs Transferred In Current Year	[1]	$ (1,803,000)
Development costs incurred, for the period		5,469,000
Development and value-add properties		$ 5,058,000
Prospective Development [Member] | Jackson [Member]
Real Estate [Line Items]
Size | ft²		28,000
Costs Transferred In Current Year	[1]	$ 0
Development costs incurred, for the period		0
Development and value-add properties		$ 706,000
Prospective Development [Member] | Charlotte [Member]
Real Estate [Line Items]
Size | ft²		1,387,000
Costs Transferred In Current Year	[1]	$ (1,869,000)
Development costs incurred, for the period		12,648,000
Development and value-add properties		$ 15,104,000
Prospective Development [Member] | Dallas [Member]
Real Estate [Line Items]
Size | ft²		172,000
Costs Transferred In Current Year	[1]	$ (16,138,000)
Development costs incurred, for the period		1,658,000
Development and value-add properties		$ 8,398,000
Prospective Development [Member] | El Paso [Member]
Real Estate [Line Items]
Size | ft²		0
Costs Transferred In Current Year	[1]	$ (2,885,000)
Development costs incurred, for the period		298,000
Development and value-add properties		$ 0
Prospective Development [Member] | Houston [Member]
Real Estate [Line Items]
Size | ft²		1,293,000
Costs Transferred In Current Year	[1]	$ (3,492,000)
Development costs incurred, for the period		7,567,000
Development and value-add properties		$ 24,833,000
Prospective Development [Member] | San Antonio [Member]
Real Estate [Line Items]
Size | ft²		55,000
Costs Transferred In Current Year	[1]	$ (4,347,000)
Development costs incurred, for the period		200,000
Development and value-add properties		$ 718,000
Prospective Development [Member] | Greenville [Member]
Real Estate [Line Items]
Size | ft²		400,000
Costs Transferred In Current Year	[1]	$ 0
Development costs incurred, for the period		1,736,000
Development and value-add properties		$ 1,736,000
Prospective Development [Member] | Austin [Member]
Real Estate [Line Items]
Size | ft²		274,000
Costs Transferred In Current Year	[1]	$ 0
Development costs incurred, for the period		6,431,000
Development and value-add properties		$ 6,431,000
Prospective Development [Member] | Ft. Worth
Real Estate [Line Items]
Size | ft²		652,000
Costs Transferred In Current Year	[1]	$ 0
Development costs incurred, for the period		777,000
Development and value-add properties		$ 15,327,000
Lease Up, Construction, And Prospective Development [Member]
Real Estate [Line Items]
Size | ft²		10,842,000
Costs Transferred In Current Year	[1]	$ 17,758,000
Development costs incurred, for the period		348,478,000
Development and value-add properties		504,614,000
Development obligations		88,700,000
Tenant improvement obligations		$ 10,300,000
Development completed and transferred to Real estate properties [Member]
Real Estate [Line Items]
Size | ft²		2,688,000
Costs Transferred In Current Year	[1]	$ 0
Development costs incurred, for the period		51,082,000
Development and value-add properties	[5]	$ 272,292,000
Development completed and transferred to Real estate properties [Member] | Gilbert Crossroads A & B [Member]
Real Estate [Line Items]
Size | ft²		140,000
Costs Transferred In Current Year	[1]	$ 0
Development costs incurred, for the period		0
Development and value-add properties	[5]	$ 16,768,000
Conversion date (or anticipated conversion date, if property is in lease-up or under construction)		01/21
Development completed and transferred to Real estate properties [Member] | Creek View 121 7 & 8 [Member]
Real Estate [Line Items]
Size | ft²		137,000
Costs Transferred In Current Year	[1]	$ 0
Development costs incurred, for the period		1,099,000
Development and value-add properties	[5]	$ 17,658,000
Conversion date (or anticipated conversion date, if property is in lease-up or under construction)		03/21
Development completed and transferred to Real estate properties [Member] | Hurricane Shoals 3 [Member]
Real Estate [Line Items]
Size | ft²		101,000
Costs Transferred In Current Year	[1]	$ 0
Development costs incurred, for the period		124,000
Development and value-add properties	[5]	$ 8,935,000
Conversion date (or anticipated conversion date, if property is in lease-up or under construction)		03/21
Development completed and transferred to Real estate properties [Member] | Northpoint 200 [Member]
Real Estate [Line Items]
Size | ft²	[3]	79,000
Costs Transferred In Current Year	[1],[3]	$ 0
Development costs incurred, for the period	[3]	6,861,000
Development and value-add properties	[3],[5]	$ 6,861,000
Conversion date (or anticipated conversion date, if property is in lease-up or under construction)	[3]	03/21
Development completed and transferred to Real estate properties [Member] | Rancho Distribution Center
Real Estate [Line Items]
Size | ft²	[3]	162,000
Costs Transferred In Current Year	[1],[3]	$ 0
Development costs incurred, for the period	[3]	0
Development and value-add properties	[3],[5]	$ 27,325,000
Conversion date (or anticipated conversion date, if property is in lease-up or under construction)	[3]	03/21
Development completed and transferred to Real estate properties [Member] | World Houston 44 [Member]
Real Estate [Line Items]
Size | ft²		134,000
Costs Transferred In Current Year	[1]	$ 0
Development costs incurred, for the period		399,000
Development and value-add properties	[5]	$ 8,525,000
Conversion date (or anticipated conversion date, if property is in lease-up or under construction)		05/21
Development completed and transferred to Real estate properties [Member] | Gateway Commerce Park 4
Real Estate [Line Items]
Size | ft²		197,000
Costs Transferred In Current Year	[1]	$ 0
Development costs incurred, for the period		641,000
Development and value-add properties	[5]	$ 22,688,000
Conversion date (or anticipated conversion date, if property is in lease-up or under construction)		06/21
Development completed and transferred to Real estate properties [Member] | Interstate Commons II [Member]
Real Estate [Line Items]
Size | ft²	[3]	142,000
Costs Transferred In Current Year	[1],[3]	$ 0
Development costs incurred, for the period	[3]	50,000
Development and value-add properties	[3],[5]	$ 12,291,000
Conversion date (or anticipated conversion date, if property is in lease-up or under construction)	[3]	06/21
Development completed and transferred to Real estate properties [Member] | Settlers Crossing 3 & 4 [Member]
Real Estate [Line Items]
Size | ft²		173,000
Costs Transferred In Current Year	[1]	$ 0
Development costs incurred, for the period		2,477,000
Development and value-add properties	[5]	$ 19,981,000
Conversion date (or anticipated conversion date, if property is in lease-up or under construction)		06/21
Development completed and transferred to Real estate properties [Member] | SunCoast 7
Real Estate [Line Items]
Size | ft²		77,000
Costs Transferred In Current Year	[1]	$ 0
Development costs incurred, for the period		276,000
Development and value-add properties	[5]	$ 7,649,000
Conversion date (or anticipated conversion date, if property is in lease-up or under construction)		06/21
Development completed and transferred to Real estate properties [Member] | Tri-County Crossing 3 & 4 [Member]
Real Estate [Line Items]
Size | ft²		203,000
Costs Transferred In Current Year	[1]	$ 0
Development costs incurred, for the period		1,000,000
Development and value-add properties	[5]	$ 15,409,000
Conversion date (or anticipated conversion date, if property is in lease-up or under construction)		06/21
Development completed and transferred to Real estate properties [Member] | Cherokee 75 Business Center 2
Real Estate [Line Items]
Size | ft²	[3]	105,000
Costs Transferred In Current Year	[1],[3]	$ 0
Development costs incurred, for the period	[3]	9,052,000
Development and value-add properties	[3],[5]	$ 9,052,000
Conversion date (or anticipated conversion date, if property is in lease-up or under construction)	[3]	07/21
Development completed and transferred to Real estate properties [Member] | Northwest Crossing 1-3 [Member]
Real Estate [Line Items]
Size | ft²		278,000
Costs Transferred In Current Year	[1]	$ 0
Development costs incurred, for the period		1,497,000
Development and value-add properties	[5]	$ 23,819,000
Conversion date (or anticipated conversion date, if property is in lease-up or under construction)		09/21
Development completed and transferred to Real estate properties [Member] | Ridgeview 1 & 2 [Member]
Real Estate [Line Items]
Size | ft²		226,000
Costs Transferred In Current Year	[1]	$ 0
Development costs incurred, for the period		2,021,000
Development and value-add properties	[5]	$ 19,114,000
Conversion date (or anticipated conversion date, if property is in lease-up or under construction)		10/21
Development completed and transferred to Real estate properties [Member] | Gilbert Crossroads C & D [Member]
Real Estate [Line Items]
Size | ft²		178,000
Costs Transferred In Current Year	[1]	$ 0
Development costs incurred, for the period		14,955,000
Development and value-add properties	[5]	$ 21,572,000
Conversion date (or anticipated conversion date, if property is in lease-up or under construction)		12/21
Development completed and transferred to Real estate properties [Member] | LakePort 1-3 [Member]
Real Estate [Line Items]
Size | ft²		194,000
Costs Transferred In Current Year	[1]	$ 0
Development costs incurred, for the period		3,983,000
Development and value-add properties	[5]	$ 23,764,000
Conversion date (or anticipated conversion date, if property is in lease-up or under construction)		12/21
Development completed and transferred to Real estate properties [Member] | Steele Creek X
Real Estate [Line Items]
Size | ft²		162,000
Costs Transferred In Current Year	[1]	$ 0
Development costs incurred, for the period		6,647,000
Development and value-add properties	[5]	$ 10,881,000
Conversion date (or anticipated conversion date, if property is in lease-up or under construction)		12/21
[1]	Represents costs transferred from Prospective Development (primarily land) to Under Construction during the period. Negative amounts represent land inventory costs transferred to Under Construction.
[2]	Included in these costs are development obligations of $88.7 million and tenant improvement obligations of $10.3 million on properties under development.
[3]	Represents value-add properties acquired by EastGroup.
[4]	Represents costs transferred from Real estate properties during the year.
[5]	Represents cumulative costs at the date of transfer.

REAL ESTATE PROPERTIES - Ground

REAL ESTATE PROPERTIES - Ground Leases (Details)		12 Months Ended
		Dec. 31, 2021USD ($)	Dec. 31, 2020USD ($)	Dec. 31, 2019USD ($)
Ground Lease [Line Items]
Right-of-Use Assets - Ground Leases (operating)	[1]	$ 22,635,000	$ 11,073,000
Total ground lease expenditures for continuing and discontinued operations		$ 1,354,000	$ 1,051,000	$ 966,000
DFW Global Logistics Centre
Ground Lease [Line Items]
Borrowing rate used in present value calculation		5.00%
Ground leases [Member]
Ground Lease [Line Items]
Leases terms minimum		40 years
Leases terms maximum		50 years
Lease Expiration Date		August 2031
Ground lease expiration date, furthest date		October 2058
Renewal period option minimum		15 years
Renewal period option maximum		35 years
Payment increase interval minimum		3 years
Payment increase interval maximum		10 years
Weighted Average term for ground leases		38 years
Operating Leases, Future Minimum Payments Due, Next Twelve Months		$ 1,605,000
Operating Leases, Future Minimum Payments, Due in Two Years		1,610,000
Operating Leases, Future Minimum Payments, Due in Three Years		1,663,000
Operating Leases, Future Minimum Payments, Due in Four Years		1,697,000
Operating Leases, Future Minimum Payments, Due in Five Years		1,734,000
Operating leases, future minimum payments due, Thereafter		60,476,000
Operating leases, future minimum payments due, Total		68,785,000
Imputed interest	[2]	(45,887,000)
Operating Leases, Future Minimum Payments Due		$ 22,898,000
FLORIDA
Ground Lease [Line Items]
Properties subject to ground leases		2
TEXAS
Ground Lease [Line Items]
Properties subject to ground leases		4
ARIZONA
Ground Lease [Line Items]
Properties subject to ground leases		1
Accounting Standards Update 2016-02 [Member] | DFW Global Logistics Centre
Ground Lease [Line Items]
Right-of-Use Assets - Ground Leases (operating)		$ 12,708,000
[1]	See Ground Leases discussion below for information regarding the Company’s right of use assets for ground leases.
[2]	As the Company’s leases do not provide an implicit rate, in order to calculate the present value of the remaining ground lease payments, the Company used its incremental borrowing rate, adjusted for a number of factors, including the long-term nature of the ground leases, the Company’s estimated borrowing costs, and the estimated fair value of the underlying land, to determine the imputed interest for its ground leases. For the ground lease obtained during August 2021, the Company used its incremental borrowing rate, adjusted for the factors discussed above, which was determined to be 5.0%.

UNCONSOLIDATED INVESTMENT (Deta

UNCONSOLIDATED INVESTMENT (Details)	12 Months Ended
	Dec. 31, 2021USD ($)ft²	Dec. 31, 2020USD ($)
Schedule of Equity Method Investments [Line Items]
Investment's carrying value under the equity method of accounting	$ 7,320,000	$ 7,446,000
Industry Distribution Center II - undivided tenant-in-common interest [Member]
Schedule of Equity Method Investments [Line Items]
Equity Method Investment, Ownership Percentage (in hundredths)	50.00%
Size | ft²	309,000
Year Constructed	1998
Building lease percentage	100.00%
Lease term expiration	December 2026
Investment's carrying value under the equity method of accounting	$ 7,320,000	$ 7,446,000
Industry Distribution Center II [Member] | Industry Distribution Center II - undivided tenant-in-common interest [Member]
Schedule of Equity Method Investments [Line Items]
Single tenant joint partner ownership (in hundredths)	50.00%

OTHER ASSETS (Details)

OTHER ASSETS (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Other Assets Components [Abstract]
Leasing costs (principally commissions)	$ 116,772	$ 95,914
Accumulated amortization of leasing costs	(42,193)	(38,371)
Leasing costs (principally commissions), net of accumulated amortization	74,579	57,543
Acquired-in-place lease intangibles	31,561	28,107
Accumulated amortization of acquired in-place lease intangibles	(13,038)	(13,554)
Acquired In Place Lease Intangibles Net Of Accumulated Amortization	18,523	14,553
Acquired above market lease intangibles	885	1,825
Accumulated amortization of acquired above market lease intangibles	(508)	(1,231)
Acquired above market lease intangibles, net of accumulated amortization	377	594
Straight-line rents receivable	51,970	43,079
Accounts receivable	7,133	6,064
Interest rate swap assets	2,237	0
Right of use assets - Office Leases (operating)	1,984	2,131
Receivable for common stock offerings	0	1,942
Goodwill	990	990
Receivable for tenant improvement cost reimbursements	7,680	192
Prepaid expenses and other assets	16,747	22,491
Total Other Assets	$ 182,220	$ 149,579

UNSECURED BANK CREDIT FACILIT_2

UNSECURED BANK CREDIT FACILITIES (Details)	12 Months Ended
	Dec. 31, 2021USD ($)Integer	Dec. 31, 2020USD ($)	Dec. 31, 2019USD ($)
Line of Credit Facility [Line Items]
Unsecured bank credit facilities, net of debt issuance costs	$ 207,066,000	$ 124,194,000
Average bank borrowings	$ 95,629,000	$ 87,095,000	$ 172,175,000
Weighted average interest rates (in hundredths)	1.01%	1.86%	3.34%
Amortization of facility fees	$ 751,000	$ 790,000	$ 790,000
Amortization of debt issuance costs	606,000	$ 561,000	$ 556,000
$425 million credit facility - obtained in 2021
Line of Credit Facility [Line Items]
Line of Credit Facility, Current Borrowing Capacity	$ 425,000,000
Debt instrument, spread above LIBOR variable rate (in basis points)	77.5
Line of credit, facility fee (in basis points)	15
Credit facility, extension option	two six-month extensions
Banks included in the unsecured revolving credit facility group | Integer	9
Line of Credit Facility, Interest Rate at Period End	0.875%
Unsecured bank credit facilities - variable rate, carrying amount	$ 183,000,000
Letters of Credit Outstanding, Amount	674,000
Expansion option on credit facility	$ 325,000,000
Debt Instrument, Maturity Date	Jul. 30, 2025
$50 million credit facility - obtained in 2021
Line of Credit Facility [Line Items]
Line of Credit Facility, Current Borrowing Capacity	$ 50,000,000
Debt instrument, spread above LIBOR variable rate (in basis points)	77.5
Line of credit, facility fee (in basis points)	15
Credit facility, extension option	two six-month extensions
Line of Credit Facility, Interest Rate at Period End	0.876%
Unsecured bank credit facilities - variable rate, carrying amount	$ 26,210,000
Debt Instrument, Maturity Date	Jul. 30, 2025
Credit facilities - obtained in 2021
Line of Credit Facility [Line Items]
Favorable pricing level - leverage ratio maximum	32.50%
Debt Instrument, Credit Rating	Baa2
Sustainability-linked pricing component, interest margin reduction (in basis points)	1
Former bank credit facility obtained in 2018 - $350 million | Nine bank group unsecured revolving credit facility [Member]
Line of Credit Facility [Line Items]
Line of Credit Facility, Former Borrowing Capacity	$ 350,000,000
Former credit facility obtained in 2018 - $45 million [Member] | Pnc Na Unsecured revolving credit facility [Member]
Line of Credit Facility [Line Items]
Line of Credit Facility, Former Borrowing Capacity	$ 45,000,000
Former credit facilities obtained in 2018
Line of Credit Facility [Line Items]
Debt instrument, spread above LIBOR variable rate (in basis points)	100
Line of credit, facility fee (in basis points)	20
Debt Instrument, Maturity Date, Description	July 30, 2022

UNSECURED AND SECURED DEBT (Det

UNSECURED AND SECURED DEBT (Details) - USD ($)		12 Months Ended
		Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Secured and Unsecured Debt [Line Items]
Unsecured debt, net of debt issuance costs		$ 1,242,570,000	$ 1,107,708,000
Secured debt, carrying amount		2,156,000	79,096,000
Carrying Amount of Securing Real Estate		8,515,000
Unsecured debt, carrying amount		1,245,000,000	1,110,000,000
Secured Debt		2,142,000	78,993,000
Unsecured bank credit facilities, net of debt issuance costs		207,066,000	124,194,000
Total debt		$ 1,451,778,000	$ 1,310,895,000
Weighted average interest rates (in hundredths)		1.01%	1.86%	3.34%
Repaid in 2021 - $40 million term loan (2016) [Member]
Secured and Unsecured Debt [Line Items]
Debt instrument, spread above LIBOR variable rate	[1]	1.10%
Effective interest rate	[1]	2.34%
Debt Instrument, Maturity Date	[1]	Jul. 30, 2021
Unsecured debt, carrying amount	[1]	$ 0	$ 40,000,000
$75 Million Unsecured Term Loan (2015) [Member]
Secured and Unsecured Debt [Line Items]
Debt instrument, spread above LIBOR variable rate	[1]	1.40%
Effective interest rate	[1]	3.03%
Debt Instrument, Maturity Date	[1]	Feb. 28, 2022
Unsecured debt, carrying amount	[1]	$ 75,000,000	75,000,000
$65 million term loan (2016) [Member]
Secured and Unsecured Debt [Line Items]
Debt instrument, spread above LIBOR variable rate	[1]	1.10%
Effective interest rate	[1]	2.31%
Debt Instrument, Maturity Date	[1]	Apr. 1, 2023
Unsecured debt, carrying amount	[1]	$ 65,000,000	65,000,000
Fifty million senior unsecured notes [Member]
Secured and Unsecured Debt [Line Items]
Effective interest rate		3.80%
Debt Instrument, Maturity Date		Aug. 28, 2023
Unsecured debt, carrying amount		$ 50,000,000	50,000,000
Twenty million senior unsecured notes [Member]
Secured and Unsecured Debt [Line Items]
Effective interest rate		3.80%
Debt Instrument, Maturity Date		Aug. 28, 2025
Unsecured debt, carrying amount		$ 20,000,000	20,000,000
Sixty million senior unsecured notes (executed in 2017) [Member]
Secured and Unsecured Debt [Line Items]
Effective interest rate		3.46%
Debt Instrument, Maturity Date		Dec. 13, 2024
Unsecured debt, carrying amount		$ 60,000,000	60,000,000
Sixty million senior unsecured notes (executed in 2016) [Member]
Secured and Unsecured Debt [Line Items]
Effective interest rate		3.48%
Debt Instrument, Maturity Date		Dec. 15, 2024
Unsecured debt, carrying amount		$ 60,000,000	60,000,000
Forty million senior unsecured notes (executed in 2016) [Member]
Secured and Unsecured Debt [Line Items]
Effective interest rate		3.75%
Debt Instrument, Maturity Date		Dec. 15, 2026
Unsecured debt, carrying amount		$ 40,000,000	40,000,000
Twenty-five million senior unsecured notes (executed in 2015) [Member]
Secured and Unsecured Debt [Line Items]
Effective interest rate		3.97%
Debt Instrument, Maturity Date		Oct. 1, 2025
Unsecured debt, carrying amount		$ 25,000,000	25,000,000
Fifty million senior unsecured notes (executed in 2015) [Member]
Secured and Unsecured Debt [Line Items]
Effective interest rate		3.99%
Debt Instrument, Maturity Date		Oct. 7, 2025
Unsecured debt, carrying amount		$ 50,000,000	50,000,000
Sixty million senior unsecured notes (executed in 2018) [Member]
Secured and Unsecured Debt [Line Items]
Effective interest rate		3.93%
Debt Instrument, Maturity Date		Apr. 10, 2028
Unsecured debt, carrying amount		$ 60,000,000	60,000,000
$80 million senior unsecured private placement notes (2019) [Member]
Secured and Unsecured Debt [Line Items]
Effective interest rate		4.27%
Debt Instrument, Maturity Date		Mar. 28, 2029
Unsecured debt, carrying amount		$ 80,000,000	80,000,000
$35 million senior unsecured private placement notes (2019) [Member]
Secured and Unsecured Debt [Line Items]
Effective interest rate		3.54%
Debt Instrument, Maturity Date		Aug. 15, 2031
Unsecured debt, carrying amount		$ 35,000,000	35,000,000
$75 million senior unsecured private placement notes (2019) [Member]
Secured and Unsecured Debt [Line Items]
Effective interest rate		3.47%
Debt Instrument, Maturity Date		Aug. 19, 2029
Unsecured debt, carrying amount		$ 75,000,000	75,000,000
$100 million term loan (2019) [Member]
Secured and Unsecured Debt [Line Items]
Debt instrument, spread above LIBOR variable rate	[1],[2]	0.85%
Effective interest rate	[1],[2]	2.10%
Debt Instrument, Maturity Date	[1],[2]	Oct. 10, 2026
Unsecured debt, carrying amount	[1],[2]	$ 100,000,000	100,000,000
Spread above LIBOR, before refinance		1.50%
Effective interest rate, before refinance		2.75%
Secured and unsecured debt [Member]
Secured and Unsecured Debt [Line Items]
Long-term Debt, Maturities, Repayments of Principal in 2022		$ 75,115,000
Long-term Debt, Maturities, Repayments of Principal in 2023		115,119,000
Long-term Debt, Maturities, Repayments of Principal in 2024		120,122,000
Long-term Debt, Maturities, Repayments of Principal in 2025		145,128,000
Long-term Debt, Maturities, Repayments of Principal in 2026		$ 141,672,000
$100 million term loan (2020)
Secured and Unsecured Debt [Line Items]
Debt instrument, spread above LIBOR variable rate	[1]	1.45%
Effective interest rate	[1]	2.39%
Debt Instrument, Maturity Date	[1]	Mar. 25, 2027
Unsecured debt, carrying amount	[1]	$ 100,000,000	100,000,000
$100 million senior unsecured private placement notes (2020)
Secured and Unsecured Debt [Line Items]
Effective interest rate		2.61%
Debt Instrument, Maturity Date		Oct. 14, 2030
Unsecured debt, carrying amount		$ 100,000,000	100,000,000
$75 million senior unsecured private placement notes (2020)
Secured and Unsecured Debt [Line Items]
Effective interest rate		2.71%
Debt Instrument, Maturity Date		Oct. 14, 2032
Unsecured debt, carrying amount		$ 75,000,000	75,000,000
$50 million unsecured term loan (2021)
Secured and Unsecured Debt [Line Items]
Debt instrument, spread above LIBOR variable rate	[1]	1.00%
Effective interest rate	[1]	1.55%
Debt Instrument, Maturity Date	[1]	Mar. 18, 2025
Unsecured debt, carrying amount	[1]	$ 50,000,000	0
Debt Instrument, Term		4 years
$125 million senior unsecured private placement notes (2021)
Secured and Unsecured Debt [Line Items]
Effective interest rate		2.74%
Debt Instrument, Maturity Date		Jun. 10, 2031
Unsecured debt, carrying amount		$ 125,000,000	0
Debt Instrument, Term		10 years
$100 million term loan (2021 refinance)
Secured and Unsecured Debt [Line Items]
Effective interest rate		2.10%
Unsecured debt, carrying amount		$ 100,000,000
Debt Instrument, Term		5 years
Sustainability-linked pricing component, interest margin reduction (in basis points)		1
Spread over LIBOR, current interest rate (in basis points)		85
Spread over LIBOR, reduction in interest rate (in basis points)		65
Mortgage loan repaid in March 2021 - Colorado Crossing, Interstate I-III, Rojas, Steele Creek 1 & 2, Venture and World Houston 3-9
Secured and Unsecured Debt [Line Items]
Secured debt, carrying amount		$ 0	41,610,000
Interest Rate (in hundredths)		4.75%
Monthly P & I Payment		$ 420,045
Maturity Date		Repaid
Carrying Amount of Securing Real Estate		$ 0
Debt Instrument, Maturity Date		Jun. 5, 2021
Mortgage loan balance repaid		$ 40,800,000
Interest rate of mortgage loan repaid		4.75%
Mortgage loan repaid in October 2021 - Arion 18, Beltway VI & VII, Commerce Park II & III, Concord Distribution Center, Interstate Distribution Center V, VI & VII, Lakeview Business Center, Ridge Creek Distribution Center II, Southridge IV & V and World Houston 32 [Member]
Secured and Unsecured Debt [Line Items]
Secured debt, carrying amount		$ 0	35,220,000
Interest Rate (in hundredths)		4.09%
Monthly P & I Payment		$ 329,796
Maturity Date		Repaid
Carrying Amount of Securing Real Estate		$ 0
Debt Instrument, Maturity Date		Jan. 5, 2022
Mortgage loan balance repaid		$ 33,100,000
Interest rate of mortgage loan repaid		4.09%
Ramona Distribution Center [Member]
Secured and Unsecured Debt [Line Items]
Secured debt, carrying amount		$ 2,156,000	2,266,000
Interest Rate (in hundredths)		3.85%
Monthly P & I Payment		$ 16,287
Maturity Date		11/30/2026
Carrying Amount of Securing Real Estate		$ 8,515,000
Notes Payable to Banks [Member]
Secured and Unsecured Debt [Line Items]
Unsecured bank credit facilities - variable rate, carrying amount		209,210,000	125,000,000
Unamortized debt issuance costs		2,144,000	806,000
Unsecured bank credit facilities, net of debt issuance costs		207,066,000	124,194,000
Unsecured Debt [Member]
Secured and Unsecured Debt [Line Items]
Unsecured debt, net of debt issuance costs		1,242,570,000	1,107,708,000
Unsecured debt, carrying amount	[3]	1,245,000,000	1,110,000,000
Unamortized debt issuance costs		2,430,000	2,292,000
Secured Debt [Member]
Secured and Unsecured Debt [Line Items]
Secured debt, carrying amount	[3]	2,156,000	79,096,000
Unamortized debt issuance costs		14,000	103,000
Secured Debt		$ 2,142,000	$ 78,993,000
[1]	The interest rates on these unsecured term loans are comprised of LIBOR plus a margin which is subject to a pricing grid for changes in the Company’s coverage ratings. The Company entered into interest rate swap agreements (further described in Note 12) to convert the loans’ LIBOR rates to effectively fixed interest rates. The interest rates in the table above are the effectively fixed interest rates for the loans, including the effects of the interest rate swaps, as of December 31, 2021.
[2]	This term loan was refinanced during 2021. Effective October 10, 2021, the margin above LIBOR was reduced from 1.50% to 0.85% reducing the effectively fixed rate from 2.75% to 2.10%
[3]	These loans have a fixed interest rate or an effectively fixed interest rate due to interest rate swaps.

ACCOUNTS PAYABLE AND ACCRUED _3

ACCOUNTS PAYABLE AND ACCRUED EXPENSES (Details) - USD ($) $ in Thousands		Dec. 31, 2021	Dec. 31, 2020
Accounts Payable and Accrued Liabilities [Abstract]
Property taxes payable		$ 4,494	$ 3,524
Development costs payable		17,529	4,004
Retainage payable		10,576	2,423
Real estate improvements and capitalized leasing costs payable		5,798	5,692
Interest payable		6,547	6,537
Dividends payable		46,864	32,677
Book overdraft	[1]	4,845	5,176
Other payables and accrued expenses		13,107	9,540
Total accounts payable and accrued expenses		$ 109,760	$ 69,573
[1]	Represents checks written before the end of the period which have not cleared the bank; therefore, the bank has not yet advanced cash to the Company. When the checks clear the bank, they will be funded through the Company’s working cash line of credit, which is included in the Company’s Unsecured bank credit facilities. See Note 1(p).

OTHER LIABILITIES (Details)

OTHER LIABILITIES (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Other Liabilities, Unclassified [Abstract]
Security deposits	$ 28,343	$ 22,140
Prepaid rent and other deferred income	16,401	14,694
Operating lease liabilities - ground leases	22,898	11,199
Operating lease liabilities - office leases	2,032	2,167
Acquired below market lease intangibles	8,124	6,472
Accumulated Amortization, Acquired Below Market Lease Intangibles	(2,707)	(3,621)
Acquired below market lease intangibles, net of accumulated amortization	5,417	2,851
Interest rate swap liabilities	935	10,752
Prepaid tenant improvement reimbursements	2,796	364
Other liabilities	3,516	5,650
Total Other Liabilities	$ 82,338	$ 69,817

COMMON STOCK ACTIVITY (Details)

COMMON STOCK ACTIVITY (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Shares outstanding at beginning of year (in shares)	39,676,828
Common stock offerings (in shares)	1,551,181	709,924	2,388,342
Dividend reinvestment plan (in shares)			1,893
Shares outstanding at end of year (in shares)	41,268,846	39,676,828
Common shares, issued	1,551,181	709,924	2,388,342
Net proceeds from Issuance of Common Stock	$ 271,155	$ 92,663	$ 284,710
Common Stock
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Shares outstanding at beginning of year (in shares)	39,676,828	38,925,953	36,501,356
Common stock offerings (in shares)	1,551,181	709,924	2,388,342
Dividend reinvestment plan (in shares)	0	0	1,893
Incentive restricted stock granted (in shares)	66,623	69,446	59,943
Incentive restricted stock forfeited (in shares)	0	(440)	(3,010)
Director common stock awarded (in shares)	4,466	8,182	6,384
Director restricted stock granted (in shares)	0	208	0
Restricted stock withheld for tax obligations (in shares)	(30,252)	(36,445)	(28,955)
Shares outstanding at end of year (in shares)	41,268,846	39,676,828	38,925,953

STOCK-BASED COMPENSATION (Detai

STOCK-BASED COMPENSATION (Details)		12 Months Ended
		Dec. 31, 2021USD ($)Integer$ / sharesshares	Dec. 31, 2020USD ($)Integer$ / sharesshares	Dec. 31, 2019USD ($)Integer$ / sharesshares		Dec. 31, 2018$ / sharesshares
Stock Compensation Plan disclosure [Abstract]
Stock-based compensation cost | $		$ 9,847,000	$ 8,502,000	$ 9,374,000
Award Recipient Type Employee [Member]
Stock Compensation Plan disclosure [Abstract]
Share awards granted (in shares)	[1],[2]	66,623	69,446	59,943
Restricted Stock Activity [Roll Forward]
Unvested at beginning of year (in shares)		113,125	130,884	143,314
Granted (in shares)	[1],[2]	66,623	69,446	59,943
Forfeited (in shares)		0	(440)	(3,010)
Vested (in shares)		(73,692)	(86,765)	(69,363)
Unvested at end of year (in shares)		106,056	113,125	130,884		143,314
Share Based Payment Arrangement [Abstract]
Total Unvested Shares (in shares)		106,056	113,125	130,884		143,314
Award Recipient Type Employee [Member] | Restricted Stock [Member]
Stock Compensation Plan disclosure [Abstract]
Stock-based compensation cost | $		$ 9,136,000	$ 7,605,000	$ 8,647,000
Stock based compensation cost capitalized as development costs | $		$ 2,336,000	$ 1,923,000	$ 2,536,000
Grant date fair value of shares issued (in dollars per share) | $ / shares	[1],[2]	$ 115.30	$ 101.19	$ 94.62
Compensation is recognized over a weighted average period (in years)		2 years 7 months 6 days
Share based compensation, share based payment arrangements other than stock options, unrecognized cost associated with awards not yet vested | $		$ 4,444,000
Shares withheld to satisfy the tax obligations (in shares)		30,252	36,445	28,955
Fair value of shares granted | $		$ 7,682,000	$ 7,028,000	$ 5,672,000
Fair value of shares vested as of the vesting date | $		$ 10,322,000	$ 11,754,000	$ 6,662,000
Restricted Stock Activity [Roll Forward]
Unvested at end of year (in shares)		106,056
Restricted stock activity [Abstract]
Unvested at beginning of year (in dollars per share) | $ / shares		$ 100.86	$ 82.78	$ 70.26
Granted (in dollars per share) | $ / shares	[1],[2]	115.30	101.19	94.62
Forfeited (in dollars per share) | $ / shares		0	112.14	86.19
Vested (in dollars per share) | $ / shares		91.59	73.80	66.99
Unvested at end of year (in dollars per share) | $ / shares		$ 116.37	$ 100.86	$ 82.78		$ 70.26
Share Based Payment Arrangement [Abstract]
Unvested shares in 2022 (in shares)		49,155
Unvested shares in 2023 (in shares)		33,123
Unvested shares in 2024 (in shares)		15,690
Unvested shares in 2025 (in shares)		6,248
Unvested shares in 2026 (in shares)		1,840
Total Unvested Shares (in shares)		106,056
Accrued dividends on unvested restricted stock | $		$ 1,585,000	$ 1,433,000	$ 1,618,000
Award Recipient Type Director [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Annual Director Retainer Stock Award Amount | $		100,000
Stock Compensation Plan disclosure [Abstract]
Stock-based compensation cost | $		$ 711,000	$ 897,000	$ 727,000
Share awards granted (in shares)		0	208	0
Shares issued to directors (in shares)		4,466	8,182	6,384
Restricted Stock Activity [Roll Forward]
Unvested at beginning of year (in shares)		278	140	211
Granted (in shares)		0	208	0
Forfeited (in shares)		0	0	0
Vested (in shares)		(122)	(70)	(71)
Unvested at end of year (in shares)		156	278	140		211
Share Based Payment Arrangement [Abstract]
Total Unvested Shares (in shares)		156	278	140		211
Award Recipient Type Director [Member] | Restricted Stock [Member]
Stock Compensation Plan disclosure [Abstract]
Grant date fair value of shares issued (in dollars per share) | $ / shares		$ 0	$ 120.39	$ 0
Fair value of shares vested as of the vesting date | $		$ 21,000	$ 9,000	$ 9,000
Restricted stock activity [Abstract]
Unvested at beginning of year (in dollars per share) | $ / shares		$ 112.45	$ 88.86	$ 88.86
Granted (in dollars per share) | $ / shares		0	120.39	0
Forfeited (in dollars per share) | $ / shares		0	0	0
Vested (in dollars per share) | $ / shares		102.30	88.86	88.86
Unvested at end of year (in dollars per share) | $ / shares		$ 120.39	$ 112.45	$ 88.86		$ 88.86
Management Incentive Plan 2004 [Member]
Stock Compensation Plan disclosure [Abstract]
Authorized shares of common stock (in shares)		1,900,000
Equity Incentive Plan 2013 [Member]
Stock Compensation Plan disclosure [Abstract]
Authorized shares of common stock (in shares)		2,000,000
Shares available for grant (in shares)		1,477,241	1,527,382	1,583,223
Equity Incentive Plan 2013 [Member] | Long-term equity compensation awards | Service Condition Only Awards [Member] | Executive Officer [Member]
Stock Compensation Plan disclosure [Abstract]
Share awards granted (in shares)		7,801	7,217	9,947		7,884
Grant date fair value of shares issued (in dollars per share) | $ / shares		$ 138.93	$ 131.36	$ 105.97		$ 95.19
Restricted Stock Activity [Roll Forward]
Granted (in shares)		7,801	7,217	9,947		7,884
Restricted stock activity [Abstract]
Granted (in dollars per share) | $ / shares		$ 138.93	$ 131.36	$ 105.97		$ 95.19
Share Based Payment Arrangement [Abstract]
Grant date		Feb. 25, 2021	Mar. 6, 2020	Mar. 7, 2019		Jun. 1, 2018
Vesting period		4 years
Equity Incentive Plan 2013 [Member] | Annual equity compensation awards | Company Performance Awards [Member] | Executive Officer [Member]
Stock Compensation Plan disclosure [Abstract]
Grant date fair value of shares issued (in dollars per share) | $ / shares		$ 138.93	$ 131.36	$ 105.97	[3]
Restricted stock activity [Abstract]
Granted (in dollars per share) | $ / shares		$ 138.93	$ 131.36	$ 105.97	[3]
Share Based Payment Arrangement [Abstract]
Grant date		Feb. 25, 2021	Mar. 6, 2020	Mar. 7, 2019	[3],[4]
Performance period		1/1/21 - 12/31/21	1/1/20 - 12/31/20	1/1/19 - 12/31/19	[3],[4]
Range of earnable shares - low end of range		0	0	0	[3],[4]
Range of earnable shares - high end of range		19,052	19,282	9,594	[3],[4]
Shares determined			18,380	9,162	[3]
Shares determined	[5]	N/A (3)
Equity Incentive Plan 2013 [Member] | Annual equity compensation awards | Company Performance Awards [Member] | Executive Officer [Member] | FFO
Stock Compensation Plan disclosure [Abstract]
Grant date fair value of shares issued (in dollars per share) | $ / shares	[3]			$ 122.61
Restricted stock activity [Abstract]
Granted (in dollars per share) | $ / shares	[3]			$ 122.61
Share Based Payment Arrangement [Abstract]
Grant date	[3],[4],[6]			Aug. 28, 2019
Performance period	[3],[4],[6]			1/1/19 - 12/31/19
Range of earnable shares - low end of range	[3],[4],[6]			0
Range of earnable shares - high end of range	[3],[4],[6]			15,990
Shares determined	[3]			15,990
Equity Incentive Plan 2013 [Member] | Annual equity compensation awards | Company Performance Awards [Member] | Executive Officer [Member] | End of the one-year performance period
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting rights percentage		34.00%		20.00%
Share Based Payment Arrangement [Abstract]
Vesting period		1 year
Equity Incentive Plan 2013 [Member] | Annual equity compensation awards | Company Performance Awards [Member] | Executive Officer [Member] | Following two years after performance period
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting rights percentage		33.00%
Share Based Payment Arrangement [Abstract]
Vesting period		2 years
Equity Incentive Plan 2013 [Member] | Annual equity compensation awards | Company Performance Awards [Member] | Executive Officer [Member] | Each of the following four years
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting rights percentage				20.00%
Share Based Payment Arrangement [Abstract]
Vesting period				4 years
Equity Incentive Plan 2013 [Member] | Annual equity compensation awards | Individual performance awards [Member] | Executive Officer [Member]
Stock Compensation Plan disclosure [Abstract]
Grant date fair value of shares issued (in dollars per share) | $ / shares			$ 142.89	$ 141.63	[7]
Restricted stock activity [Abstract]
Granted (in dollars per share) | $ / shares			$ 142.89	$ 141.63	[7]
Share Based Payment Arrangement [Abstract]
Grant date			Feb. 17, 2021	Feb. 13, 2020	[7]
Performance period		1/1/21 - 12/31/21	1/1/20 - 12/31/20	1/1/19 - 12/31/19	[7]
Range of earnable shares - low end of range		0	0	0	[7]
Range of earnable shares - high end of range		4,756	4,812	6,394	[7]
Shares determined			4,156	5,860	[7]
Shares determined	[8]	N/A (2)
Grant date	[8]	N/A (2)
Grant date		N/A (2)
Equity Incentive Plan 2013 [Member] | Annual equity compensation awards | Individual performance awards [Member] | Executive Officer [Member] | End of the one-year performance period
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting rights percentage		34.00%
Share Based Payment Arrangement [Abstract]
Vesting period		1 year
Equity Incentive Plan 2013 [Member] | Annual equity compensation awards | Individual performance awards [Member] | Executive Officer [Member] | Following two years after performance period
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting rights percentage		33.00%
Share Based Payment Arrangement [Abstract]
Vesting period		2 years
Equity Incentive Plan 2013 [Member] | Annual equity compensation awards | Service Condition Only Awards [Member] | Non Executive Officers [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting rights percentage		20.00%
Stock Compensation Plan disclosure [Abstract]
Share awards granted (in shares)		9,200	12,300	10,175
Grant date fair value of shares issued (in dollars per share) | $ / shares		$ 168.35	$ 105.30	$ 112.14
Restricted Stock Activity [Roll Forward]
Granted (in shares)		9,200	12,300	10,175
Restricted stock activity [Abstract]
Granted (in dollars per share) | $ / shares		$ 168.35	$ 105.30	$ 112.14
Share Based Payment Arrangement [Abstract]
Grant date		Jul. 7, 2021	May 6, 2020	May 14, 2019
Vesting period		5 years
Equity Incentive Plan 2013 [Member] | Award Recipient Type Employee [Member] | Restricted Stock [Member]
Share Based Payment Arrangement [Abstract]
Range of earnable shares - low end of range		0
Range of earnable shares - high end of range		118,911
New Director Stock Awards to be Issued in Future Periods [Member] | Award Recipient Type Director [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
New Director Restricted Stock Award Amount to be Awarded in Future Periods | $		$ 25,000
Share Based Payment Arrangement [Abstract]
Number of years in total shareholder return performance period | Integer		4
New Director Stock Awards to be Issued in Future Periods [Member] | Equity Incentive Plan 2013 [Member] | Award Recipient Type Director [Member] | Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share Based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vesting Rights (% vesting per year in future years)		25.00%
One year period [Member] | Equity Incentive Plan 2013 [Member] | Annual equity compensation awards | Individual performance awards [Member] | Executive Officer [Member] | End of the one-year performance period
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting rights percentage				20.00%
One year period [Member] | Equity Incentive Plan 2013 [Member] | Annual equity compensation awards | Individual performance awards [Member] | Executive Officer [Member] | Each of the following four years
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting rights percentage				20.00%
Share Based Payment Arrangement [Abstract]
Vesting period				4 years
Three year period [Member] | Equity Incentive Plan 2013 [Member] | Restricted Stock [Member] | Service Condition Only Awards [Member] | Executive Officer [Member] | Rate for each of the following four years
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting rights percentage		25.00%
Three year period [Member] | Equity Incentive Plan 2013 [Member] | Long-term equity compensation awards | Executive Officer [Member]
Share Based Payment Arrangement [Abstract]
Valuation date		Feb. 25, 2021	Mar. 6, 2020	Mar. 7, 2019
Risk Free Interest Rate		0.39%	0.62%	2.52%
Expected Volatility Rate		30.51%	16.72%	18.13%
Expected Volatility Rate for Peer Group Companies, Minimum		26.87%	14.40%	14.27%
Expected Volatility Rate for Peer Group Companies, Maximum		54.25%	49.23%	35.76%
Expected Dividend Rate		2.27%	2.28%	2.72%
Number of simulation paths | Integer		1,000,000	1,000,000	1,000,000
Grant date fair value | $ / shares		$ 2,941,000	$ 2,037,000	$ 2,413,000
Vesting period		3 years
Three year period [Member] | Equity Incentive Plan 2013 [Member] | Long-term equity compensation awards | Executive Officer [Member] | End of the three-year performance period
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting rights percentage		75.00%
Three year period [Member] | Equity Incentive Plan 2013 [Member] | Long-term equity compensation awards | Executive Officer [Member] | Following year after performance period
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting rights percentage		25.00%
Three year period [Member] | Equity Incentive Plan 2013 [Member] | Long-term equity compensation awards | Shareholder Return Awards [Member] | Executive Officer [Member]
Share Based Payment Arrangement [Abstract]
Grant date		Feb. 25, 2021	Mar. 6, 2020	Mar. 7, 2019		Jun. 1, 2018
Performance period		1/1/21 - 12/31/23	1/1/20 - 12/31/22	1/1/19 - 12/31/21		1/1/18 - 12/31/20
Range of earnable shares - low end of range		0	0	0		0
Range of earnable shares - high end of range		36,400	25,261	33,442		27,086
Shares determined						27,086
Shares determined	[9]	N/A (1)	N/A (1)	N/A (1)
[1]	Does not include the restricted shares that may be earned if the performance goals established in 2019 and 2020 for long-term performance and in 2021 for annual and long-term performance are achieved. Depending on the actual level of achievement of the goals at the end of the open performance periods, the number of shares earned could range from zero to 118,911.
[2]	Includes shares granted in prior years for which performance conditions have been satisfied and the number of shares have been determined
[3]	The 2019 annual award vested 20% at the end of the one-year performance period and 20% in each of the following four
[4]	The 2019 annual award vested 20% at the end of the one-year performance period and 20% in each of the following four
[5]	The performance conditions for this award have not yet been satisfied and the number of shares have not yet been determined.
[6]	The 2019 annual award had a separate component for the Company’s FFO per share for 2019.
[7]	The 2019 annual award vested 20% at the end of the one-year performance period and 20% in each of the following four
[8]	The performance conditions for this award have not yet been satisfied and the grant date and number of shares have not yet been determined
[9]	The performance conditions for this award have not yet been satisfied and the number of shares have not yet been determined.

COMPREHENSIVE INCOME (Details)

COMPREHENSIVE INCOME (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Balance at beginning of year	$ (10,752)	$ 2,807	$ 6,701
Other comprehensive income (loss) - interest rate swaps	12,054	(13,559)	(3,894)
Balance at end of year	$ 1,302	$ (10,752)	$ 2,807

DERIVATIVE INSTRUMENTS AND HE_3

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Details)	12 Months Ended
	Dec. 31, 2021USD ($)Integer	Dec. 31, 2020USD ($)	Dec. 31, 2019USD ($)
Derivative [Line Items]
Number of interest rate swaps | Integer	5
Interest Rate Cash Flow Hedge Assets at Fair Value	$ 2,237,000	$ 0
Interest Rate Cash Flow Hedge Liabilities at Fair Value	935,000	10,752,000
Interest Rate Swap [Member] | Designated as Hedging Instrument [Member]
Derivative [Line Items]
Cash flow hedge amount to be reclassified to Interest Expense in next 12 months [Line Items]	1,993,000
Amount of income (loss) recognized in Other Comprehensive Income (Loss) on derivatives	7,747,000	(17,364,000)	$ (1,975,000)
Amount of (income) loss reclassified from accumulated other comprehensive income to interest expense	4,307,000	3,805,000	$ (1,919,000)
Interest Rate Swap [Member] | Other Liabilities [Member] | Designated as Hedging Instrument [Member]
Derivative [Line Items]
Termination value, if in default of dervative obligations	1,258,000
$75 million interest rate swap executed in 2015 [Member] | Interest Rate Swap [Member] | Designated as Hedging Instrument [Member]
Derivative [Line Items]
Derivative, Notional Amount	75,000,000	75,000,000
$65 million interest rate swap executed in 2016 [Member] | Interest Rate Swap [Member] | Designated as Hedging Instrument [Member]
Derivative [Line Items]
Derivative, Notional Amount	65,000,000	65,000,000
Repaid in 2021 - $40 million interest rate swap (2016) [Member] | Interest Rate Swap [Member] | Designated as Hedging Instrument [Member]
Derivative [Line Items]
Derivative, Notional Amount	0	40,000,000
$100 million interest rate swap (2019) [Domain] | Interest Rate Swap [Member] | Designated as Hedging Instrument [Member]
Derivative [Line Items]
Derivative, Notional Amount	100,000,000	100,000,000
$100 million interest rate swap (2020) | Interest Rate Swap [Member] | Designated as Hedging Instrument [Member]
Derivative [Line Items]
Derivative, Notional Amount	100,000,000	100,000,000
$50 million interest rate swap (2021) | Interest Rate Swap [Member] | Designated as Hedging Instrument [Member]
Derivative [Line Items]
Derivative, Notional Amount	$ 50,000,000	$ 0

EARNINGS PER SHARE (Details)

EARNINGS PER SHARE (Details) - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
BASIC EPS COMPUTATION FOR NET INCOME AVAILABLE TO EASTGROUP PROPERTIES, INC. COMMON STOCKHOLDERS [Abstract]
Numerator - net income available to common stockholders	$ 157,557	$ 108,363	$ 121,662
Denominator - weighted average shares outstanding (in shares)	40,255	39,185	37,442
DILUTED PER COMMON SHARE DATA FOR NET INCOME ATTRIBUTABLE TO EASTGROUP PROPERTIES, INC. COMMON STOCKHOLDERS [Abstract]
Numerator - net income available to common stockholders	$ 157,557	$ 108,363	$ 121,662
Denominator: [Abstract]
Weighted average shares outstanding	40,255	39,185	37,442
Unvested restricted stock (in shares)	122	111	85
Total Shares (in shares)	40,377	39,296	37,527

DEFINED CONTRIBUTION PLAN (Deta

DEFINED CONTRIBUTION PLAN (Details) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Defined Contribution Plan [Abstract]
Defined Contribution Plan, Employer Matching Contribution, Percent of Match	50.00%
Defined Contribution Plan, Employer Matching Contribution, Percent of Employees' Gross Pay Eligible for Matching Contribution (maximum)	10.00%
Defined contribution expense	$ 1,106,000	$ 851,000	$ 786,000

FAIR VALUE OF FINANCIAL INSTR_3

FAIR VALUE OF FINANCIAL INSTRUMENTS (Details) - USD ($) $ in Thousands		Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Financial Assets [Abstract]
Cash and Cash Equivalents, at carrying amount		$ 4,393	$ 21	$ 224	$ 374
Carrying (Reported) Amount, Fair Value Disclosure [Member]
Financial Assets [Abstract]
Cash and Cash Equivalents, at carrying amount	[1]	4,393	21
Interest Rate Swap Assets	[1]	2,237	0
Financial Liabilities [Abstract]
Unsecured bank credit facilities - variable rate - Fair Value Disclosure	[1],[2]	209,210	125,000
Unsecured debt	[1],[2]	1,245,000	1,110,000
Secured debt	[1],[2]	2,156	79,096
Interest rate swap liabilities	[1]	935	10,752
Estimate of Fair Value, Fair Value Disclosure [Member]
Financial Assets [Abstract]
Cash and cash equivalents, at fair value		4,393	21
Interest Rate Swap Assets		2,237	0
Financial Liabilities [Abstract]
Unsecured bank credit facilities - variable rate - Fair Value Disclosure	[2]	209,202	124,820
Unsecured debt	[2]	1,267,702	1,141,803
Secured debt	[2]	2,269	80,435
Interest rate swap liabilities		$ 935	$ 10,752
[1]	Carrying amounts shown in the table are included in the Consolidated Balance Sheets under the indicated captions, except as indicated in the notes below. (2) Carrying amounts and fair values shown in the table exclude debt issuance costs (see Notes 5 and 6 for additional information). The following methods and assumptions were used to estimate the fair value of each class of financial instruments: Cash and cash equivalents: The carrying amounts approximate fair value due to the short maturity of those instruments. Interest rate swap assets (included in Other assets on the Consolidated Balance Sheets): The instruments are recorded at fair value based on models using inputs, such as interest rate yield curves, LIBOR swap curves and OIS curves, observable for substantially the full term of the contract (Level 2 input). See Note 12 for additional information on the Company’s interest rate swaps. Unsecured bank credit facilities: The fair value of the Company’s unsecured bank credit facilities is estimated by discounting expected cash flows at current market rates (Level 2 input), excluding the effects of debt issuance costs. Unsecured debt: The fair value of the Company’s unsecured debt is estimated by discounting expected cash flows at the rates currently offered to the Company for debt of the same remaining maturities, as advised by the Company’s bankers (Level 2 input), excluding the effects of debt issuance costs. Secured debt: The fair value of the Company’s secured debt is estimated by discounting expected cash flows at the rates currently offered to the Company for debt of the same remaining maturities, as advised by the Company’s bankers (Level 2 input), excluding the effects of debt issuance costs. Interest rate swap liabilities (included in Other liabilities on the Consolidated Balance Sheets): The instruments are recorded at fair value based on models using inputs, such as interest rate yield curves, LIBOR swap curves and OIS curves, observable for substantially the full term of the contract (Level 2 input). See Note 12 for additional information on the Company’s interest rate swaps.
[2]	Carrying amounts and fair values shown in the table exclude debt issuance costs (see Notes 5 and 6 for additional information).

SUBSEQUENT EVENTS (Details)

SUBSEQUENT EVENTS (Details) - Subsequent Event	2 Months Ended
	Feb. 15, 2022USD ($)aft²Integer
$150 million senior note (2022)
Subsequent Event [Line Items]
Debt instrument, fixed interest rate	3.03%
Long-term Debt, Term	10 years
Unsecured debt, amount obtained during period	$ 150,000,000
$100 million term loan (2022)
Subsequent Event [Line Items]
Long-term Debt, Term	6 years 6 months
Debt Instrument, Maturity Date	Sep. 29, 2028
Effective interest rate	3.06%
Unsecured debt, amount obtained during period	$ 100,000,000
Gateway Interchange Land
Subsequent Event [Line Items]
Size (in acres) of land | a	50
Purchase price	$ 13.6
Metro Business Park [Member]
Subsequent Event [Line Items]
Size | ft²	189,000
Number of buildings | Integer	5
Proceeds from Sale of Property Held-for-sale	$ 33,500,000

SCHEDULE III (Details)

SCHEDULE III (Details) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2021		Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[1],[2]	$ 2,156
Initial Cost to the Company [Abstract]
Land	[1],[2]	735,126
Buildings and Improvements	[1],[2]	1,467,360
Costs Capitalized Subsequent to Acquisition	[1],[2]	1,826,204
Gross Amount at which Carried at Close of Period [Abstract]
Land	[1],[2]	739,581
Buildings and Improvements	[1],[2]	3,289,109
Total	[3]	4,051,325	[1],[2]	$ 3,519,085	$ 3,264,566	$ 2,817,145
Accumulated Depreciation		1,035,617	[1],[2]	$ 955,328	$ 871,139	$ 814,915
Operating leases, Right-of-Use Assets, net of amortization		22,635
Industrial [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances		2,156
Initial Cost to the Company [Abstract]
Land		539,975
Buildings and Improvements		1,347,289
Costs Capitalized Subsequent to Acquisition		1,636,812
Gross Amount at which Carried at Close of Period [Abstract]
Land		544,505
Buildings and Improvements		2,979,571
Total		3,546,711
Accumulated Depreciation		1,035,098
Industrial [Member] | Westport Commerce Center [Member] | Tampa [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	0
Initial Cost to the Company [Abstract]
Land	[4]	980
Buildings and Improvements	[4]	3,800
Costs Capitalized Subsequent to Acquisition	[4]	3,239
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	980
Buildings and Improvements	[4]	7,039
Total	[4]	8,019
Accumulated Depreciation	[4]	$ 5,327
Year Acquired	[4]	1994
Year Constructed	[4]	1983/87
Industrial [Member] | Benjamin Distribution Center I and II [Member] | Tampa [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	843
Buildings and Improvements	[4]	3,963
Costs Capitalized Subsequent to Acquisition	[4]	2,047
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	883
Buildings and Improvements	[4]	5,970
Total	[4]	6,853
Accumulated Depreciation	[4]	$ 4,455
Year Acquired	[4]	1997
Year Constructed	[4]	1996
Industrial [Member] | Benjamin Distribution Center III [Member] | Tampa [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	407
Buildings and Improvements	[4]	1,503
Costs Capitalized Subsequent to Acquisition	[4]	747
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	407
Buildings and Improvements	[4]	2,250
Total	[4]	2,657
Accumulated Depreciation	[4]	$ 1,735
Year Acquired	[4]	1999
Year Constructed	[4]	1988
Industrial [Member] | Palm River Center [Member] | Tampa [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	1,190
Buildings and Improvements	[4]	4,625
Costs Capitalized Subsequent to Acquisition	[4]	2,986
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	1,190
Buildings and Improvements	[4]	7,611
Total	[4]	8,801
Accumulated Depreciation	[4]	$ 5,721
Year Acquired	[4]	1997/98
Year Constructed	[4]	1990/97/98
Industrial [Member] | Palm River North I and III [Member] | Tampa [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	1,005
Buildings and Improvements	[4]	4,688
Costs Capitalized Subsequent to Acquisition	[4]	3,418
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	1,005
Buildings and Improvements	[4]	8,106
Total	[4]	9,111
Accumulated Depreciation	[4]	$ 5,160
Year Acquired	[4]	1998
Year Constructed	[4]	2000
Industrial [Member] | Palm River North II [Member] | Tampa [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	634
Buildings and Improvements	[4]	4,418
Costs Capitalized Subsequent to Acquisition	[4]	468
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	634
Buildings and Improvements	[4]	4,886
Total	[4]	5,520
Accumulated Depreciation	[4]	$ 3,698
Year Acquired	[4]	1997/98
Year Constructed	[4]	1999
Industrial [Member] | Palm River South I [Member] | Tampa [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	655
Buildings and Improvements	[4]	3,187
Costs Capitalized Subsequent to Acquisition	[4]	782
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	655
Buildings and Improvements	[4]	3,969
Total	[4]	4,624
Accumulated Depreciation	[4]	$ 2,210
Year Acquired	[4]	2000
Year Constructed	[4]	2005
Industrial [Member] | Palm River South II [Member] | Tampa [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	655
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	4,905
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	655
Buildings and Improvements	[4]	4,905
Total	[4]	5,560
Accumulated Depreciation	[4]	$ 2,558
Year Acquired	[4]	2000
Year Constructed	[4]	2006
Industrial [Member] | Walden Distribution Center I [Member] | Tampa [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	337
Buildings and Improvements	[4]	3,318
Costs Capitalized Subsequent to Acquisition	[4]	891
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	337
Buildings and Improvements	[4]	4,209
Total	[4]	4,546
Accumulated Depreciation	[4]	$ 2,513
Year Acquired	[4]	1997/98
Year Constructed	[4]	2001
Industrial [Member] | Walden Distribution Center II [Member] | Tampa [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	465
Buildings and Improvements	[4]	3,738
Costs Capitalized Subsequent to Acquisition	[4]	1,547
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	465
Buildings and Improvements	[4]	5,285
Total	[4]	5,750
Accumulated Depreciation	[4]	$ 3,448
Year Acquired	[4]	1998
Year Constructed	[4]	1998
Industrial [Member] | Oak Creek Distribution Center I [Member] | Tampa [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	1,109
Buildings and Improvements	[4]	6,126
Costs Capitalized Subsequent to Acquisition	[4]	1,487
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	1,109
Buildings and Improvements	[4]	7,613
Total	[4]	8,722
Accumulated Depreciation	[4]	$ 4,957
Year Acquired	[4]	1998
Year Constructed	[4]	1998
Industrial [Member] | Oak Creek Distribution Center II [Member] | Tampa [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	647
Buildings and Improvements	[4]	3,603
Costs Capitalized Subsequent to Acquisition	[4]	1,927
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	647
Buildings and Improvements	[4]	5,530
Total	[4]	6,177
Accumulated Depreciation	[4]	$ 3,268
Year Acquired	[4]	2003
Year Constructed	[4]	2001
Industrial [Member] | Oak Creek Distribution Center III [Member] | Tampa [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	439
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	3,270
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	556
Buildings and Improvements	[4]	3,153
Total	[4]	3,709
Accumulated Depreciation	[4]	$ 1,515
Year Acquired	[4]	2005
Year Constructed	[4]	2007
Industrial [Member] | Oak Creek Distribution Center IV [Member] | Tampa [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	682
Buildings and Improvements	[4]	6,472
Costs Capitalized Subsequent to Acquisition	[4]	903
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	682
Buildings and Improvements	[4]	7,375
Total	[4]	8,057
Accumulated Depreciation	[4]	$ 3,766
Year Acquired	[4]	2005
Year Constructed	[4]	2001
Industrial [Member] | Oak Creek Distribution Center V [Member] | Tampa [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	724
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	6,078
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	916
Buildings and Improvements	[4]	5,886
Total	[4]	6,802
Accumulated Depreciation	[4]	$ 2,935
Year Acquired	[4]	2005
Year Constructed	[4]	2007
Industrial [Member] | Oak Creek Distribution Center VI [Member] | Tampa [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	642
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	5,860
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	812
Buildings and Improvements	[4]	5,690
Total	[4]	6,502
Accumulated Depreciation	[4]	$ 2,618
Year Acquired	[4]	2005
Year Constructed	[4]	2008
Industrial [Member] | Oak Creek VII [Member] | Tampa [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	740
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	6,399
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	740
Buildings and Improvements	[4]	6,399
Total	[4]	7,139
Accumulated Depreciation	[4]	$ 922
Year Acquired	[4]	2005
Year Constructed	[4]	2017
Industrial [Member] | Oak Creek Distribution Center VIII [Member] | Tampa [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	843
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	6,302
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	1,051
Buildings and Improvements	[4]	6,094
Total	[4]	7,145
Accumulated Depreciation	[4]	$ 1,277
Year Acquired	[4]	2005
Year Constructed	[4]	2015
Industrial [Member] | Oak Creek Distribution Center IX [Member] | Tampa [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	618
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	5,187
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	781
Buildings and Improvements	[4]	5,024
Total	[4]	5,805
Accumulated Depreciation	[4]	$ 1,928
Year Acquired	[4]	2005
Year Constructed	[4]	2009
Industrial [Member] | Oak Creek Distribution Center A [Member] | Tampa [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	185
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	1,517
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	185
Buildings and Improvements	[4]	1,517
Total	[4]	1,702
Accumulated Depreciation	[4]	$ 644
Year Acquired	[4]	2005
Year Constructed	[4]	2008
Industrial [Member] | Oak Creek Distribution Center B [Member] | Tampa [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	227
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	1,574
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	227
Buildings and Improvements	[4]	1,574
Total	[4]	1,801
Accumulated Depreciation	[4]	$ 669
Year Acquired	[4]	2005
Year Constructed	[4]	2008
Industrial [Member] | Oak Creek Distribution Center C | Tampa [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	355
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	425
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	355
Buildings and Improvements	[4]	425
Total	[4]	780
Accumulated Depreciation	[4]	$ 11
Year Acquired	[4]	2005
Year Constructed	[4]	n/a
Industrial [Member] | Airport Commerce Center [Member] | Tampa [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	1,257
Buildings and Improvements	[4]	4,012
Costs Capitalized Subsequent to Acquisition	[4]	1,147
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	1,257
Buildings and Improvements	[4]	5,159
Total	[4]	6,416
Accumulated Depreciation	[4]	$ 3,249
Year Acquired	[4]	1998
Year Constructed	[4]	1998
Industrial [Member] | Airport Commerce Center [Member] | Charlotte [Member] | NORTH CAROLINA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	1,454
Buildings and Improvements	[4]	10,136
Costs Capitalized Subsequent to Acquisition	[4]	2,783
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	1,454
Buildings and Improvements	[4]	12,919
Total	[4]	14,373
Accumulated Depreciation	[4]	$ 6,175
Year Acquired	[4]	2008
Year Constructed	[4]	2001/02
Industrial [Member] | Westlake Distribution Center [Member] | Tampa [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	1,333
Buildings and Improvements	[4]	6,998
Costs Capitalized Subsequent to Acquisition	[4]	2,849
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	1,333
Buildings and Improvements	[4]	9,847
Total	[4]	11,180
Accumulated Depreciation	[4]	$ 6,598
Year Acquired	[4]	1998
Year Constructed	[4]	1998/99
Industrial [Member] | Expressway Commerce Center I [Member] | Tampa [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	915
Buildings and Improvements	[4]	5,346
Costs Capitalized Subsequent to Acquisition	[4]	1,688
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	915
Buildings and Improvements	[4]	7,034
Total	[4]	7,949
Accumulated Depreciation	[4]	$ 4,127
Year Acquired	[4]	2002
Year Constructed	[4]	2004
Industrial [Member] | Expressway Commerce Center II [Member] | Tampa [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	1,013
Buildings and Improvements	[4]	3,247
Costs Capitalized Subsequent to Acquisition	[4]	1,066
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	1,013
Buildings and Improvements	[4]	4,313
Total	[4]	5,326
Accumulated Depreciation	[4]	$ 2,470
Year Acquired	[4]	2003
Year Constructed	[4]	2001
Industrial [Member] | Silo Bend Distribution Center [Member] | Tampa [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	4,131
Buildings and Improvements	[4]	27,497
Costs Capitalized Subsequent to Acquisition	[4]	5,665
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	4,132
Buildings and Improvements	[4]	33,161
Total	[4]	37,293
Accumulated Depreciation	[4]	$ 10,408
Year Acquired	[4]	2011
Year Constructed	[4]	1987/90
Industrial [Member] | Tampa East Distribution Center [Member] | Tampa [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	791
Buildings and Improvements	[4]	4,758
Costs Capitalized Subsequent to Acquisition	[4]	727
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	791
Buildings and Improvements	[4]	5,485
Total	[4]	6,276
Accumulated Depreciation	[4]	$ 2,014
Year Acquired	[4]	2011
Year Constructed	[4]	1984
Industrial [Member] | Tampa West Distribution Center [Member] | Tampa [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	2,139
Buildings and Improvements	[4]	8,502
Costs Capitalized Subsequent to Acquisition	[4]	1,776
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	2,140
Buildings and Improvements	[4]	10,277
Total	[4]	12,417
Accumulated Depreciation	[4]	$ 3,361
Year Acquired	[4]	2011
Year Constructed	[4]	1975/93/94
Industrial [Member] | Madison Distribution Center [Member] | Tampa [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	495
Buildings and Improvements	[4]	2,779
Costs Capitalized Subsequent to Acquisition	[4]	612
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	495
Buildings and Improvements	[4]	3,391
Total	[4]	3,886
Accumulated Depreciation	[4]	$ 1,211
Year Acquired	[4]	2012
Year Constructed	[4]	2007
Industrial [Member] | Madison II & III [Member] | Tampa [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	624
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	7,123
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	624
Buildings and Improvements	[4]	7,123
Total	[4]	7,747
Accumulated Depreciation	[4]	$ 1,689
Year Acquired	[4]	2012
Year Constructed	[4]	2015
Industrial [Member] | Madison IV & V [Member] | Tampa [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	565
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	8,411
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	565
Buildings and Improvements	[4]	8,411
Total	[4]	8,976
Accumulated Depreciation	[4]	$ 1,831
Year Acquired	[4]	2012
Year Constructed	[4]	2016
Industrial [Member] | Grand Oaks 75 Business Center I [Member] | Tampa [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	3,572
Buildings and Improvements	[4]	12,979
Costs Capitalized Subsequent to Acquisition	[4]	105
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	3,572
Buildings and Improvements	[4]	13,084
Total	[4]	16,656
Accumulated Depreciation	[4]	$ 1,100
Year Acquired	[4]	2019
Year Constructed	[4]	2017
Industrial [Member] | Grand Oaks 75 Business Center II [Member] | Tampa [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	2,589
Buildings and Improvements	[4]	10,226
Costs Capitalized Subsequent to Acquisition	[4]	2,329
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	2,589
Buildings and Improvements	[4]	12,555
Total	[4]	15,144
Accumulated Depreciation	[4]	$ 753
Year Acquired	[4]	2019
Year Constructed	[4]	2019
Industrial [Member] | Chancellor Center [Member] | Orlando [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	291
Buildings and Improvements	[4]	1,711
Costs Capitalized Subsequent to Acquisition	[4]	560
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	291
Buildings and Improvements	[4]	2,271
Total	[4]	2,562
Accumulated Depreciation	[4]	$ 1,558
Year Acquired	[4]	1996/97
Year Constructed	[4]	1996/97
Industrial [Member] | Exchange Distribution Center I [Member] | Orlando [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	603
Buildings and Improvements	[4]	2,414
Costs Capitalized Subsequent to Acquisition	[4]	2,441
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	603
Buildings and Improvements	[4]	4,855
Total	[4]	5,458
Accumulated Depreciation	[4]	$ 3,786
Year Acquired	[4]	1994
Year Constructed	[4]	1975
Industrial [Member] | Exchange Distribution Center II [Member] | Orlando [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	300
Buildings and Improvements	[4]	945
Costs Capitalized Subsequent to Acquisition	[4]	487
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	300
Buildings and Improvements	[4]	1,432
Total	[4]	1,732
Accumulated Depreciation	[4]	$ 989
Year Acquired	[4]	2002
Year Constructed	[4]	1976
Industrial [Member] | Exchange Distribution Center III [Member] | Orlando [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	320
Buildings and Improvements	[4]	997
Costs Capitalized Subsequent to Acquisition	[4]	450
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	320
Buildings and Improvements	[4]	1,447
Total	[4]	1,767
Accumulated Depreciation	[4]	$ 1,021
Year Acquired	[4]	2002
Year Constructed	[4]	1980
Industrial [Member] | Sunbelt Distribution Center [Member] | Orlando [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	1,472
Buildings and Improvements	[4]	5,745
Costs Capitalized Subsequent to Acquisition	[4]	6,223
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	1,472
Buildings and Improvements	[4]	11,968
Total	[4]	13,440
Accumulated Depreciation	[4]	$ 9,810
Year Acquired	[4]	1989/97/98
Year Constructed	[4]	1974/87/97/98
Industrial [Member] | John Young Commerce Center I [Member] | Orlando [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	497
Buildings and Improvements	[4]	2,444
Costs Capitalized Subsequent to Acquisition	[4]	1,615
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	497
Buildings and Improvements	[4]	4,059
Total	[4]	4,556
Accumulated Depreciation	[4]	$ 2,696
Year Acquired	[4]	1997/98
Year Constructed	[4]	1997/98
Industrial [Member] | John Young Commerce Center II [Member] | Orlando [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	512
Buildings and Improvements	[4]	3,613
Costs Capitalized Subsequent to Acquisition	[4]	606
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	512
Buildings and Improvements	[4]	4,219
Total	[4]	4,731
Accumulated Depreciation	[4]	$ 3,036
Year Acquired	[4]	1998
Year Constructed	[4]	1999
Industrial [Member] | Sunport Center I [Member] | Orlando [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	555
Buildings and Improvements	[4]	1,977
Costs Capitalized Subsequent to Acquisition	[4]	1,234
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	555
Buildings and Improvements	[4]	3,211
Total	[4]	3,766
Accumulated Depreciation	[4]	$ 1,959
Year Acquired	[4]	1999
Year Constructed	[4]	1999
Industrial [Member] | Sunport Center II [Member] | Orlando [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	597
Buildings and Improvements	[4]	3,271
Costs Capitalized Subsequent to Acquisition	[4]	2,288
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	597
Buildings and Improvements	[4]	5,559
Total	[4]	6,156
Accumulated Depreciation	[4]	$ 4,026
Year Acquired	[4]	1999
Year Constructed	[4]	2001
Industrial [Member] | Sunport Center III [Member] | Orlando [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	642
Buildings and Improvements	[4]	3,121
Costs Capitalized Subsequent to Acquisition	[4]	1,326
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	642
Buildings and Improvements	[4]	4,447
Total	[4]	5,089
Accumulated Depreciation	[4]	$ 2,766
Year Acquired	[4]	1999
Year Constructed	[4]	2002
Industrial [Member] | Sunport Center IV [Member] | Orlando [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	642
Buildings and Improvements	[4]	2,917
Costs Capitalized Subsequent to Acquisition	[4]	2,259
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	642
Buildings and Improvements	[4]	5,176
Total	[4]	5,818
Accumulated Depreciation	[4]	$ 3,169
Year Acquired	[4]	1999
Year Constructed	[4]	2004
Industrial [Member] | Sunport Center V [Member] | Orlando [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	750
Buildings and Improvements	[4]	2,509
Costs Capitalized Subsequent to Acquisition	[4]	2,597
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	750
Buildings and Improvements	[4]	5,106
Total	[4]	5,856
Accumulated Depreciation	[4]	$ 3,183
Year Acquired	[4]	1999
Year Constructed	[4]	2005
Industrial [Member] | Sunport Center VI [Member] | Orlando [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	672
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	3,789
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	672
Buildings and Improvements	[4]	3,789
Total	[4]	4,461
Accumulated Depreciation	[4]	$ 1,808
Year Acquired	[4]	1999
Year Constructed	[4]	2006
Industrial [Member] | Southridge Commerce Park I [Member] | Orlando [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	373
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	5,279
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	373
Buildings and Improvements	[4]	5,279
Total	[4]	5,652
Accumulated Depreciation	[4]	$ 3,343
Year Acquired	[4]	2003
Year Constructed	[4]	2006
Industrial [Member] | Southridge Commerce Park II [Member] | Orlando [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	342
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	4,766
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	342
Buildings and Improvements	[4]	4,766
Total	[4]	5,108
Accumulated Depreciation	[4]	$ 2,605
Year Acquired	[4]	2003
Year Constructed	[4]	2007
Industrial [Member] | Southridge Commerce Park III [Member] | Orlando [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	547
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	5,756
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	547
Buildings and Improvements	[4]	5,756
Total	[4]	6,303
Accumulated Depreciation	[4]	$ 2,785
Year Acquired	[4]	2003
Year Constructed	[4]	2007
Industrial [Member] | Southridge Commerce Park IV [Member] | Orlando [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	506
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	4,980
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	506
Buildings and Improvements	[4]	4,980
Total	[4]	5,486
Accumulated Depreciation	[4]	$ 2,364
Year Acquired	[4]	2003
Year Constructed	[4]	2006
Industrial [Member] | Southridge Commerce Park V [Member] | Orlando [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	382
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	4,548
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	382
Buildings and Improvements	[4]	4,548
Total	[4]	4,930
Accumulated Depreciation	[4]	$ 2,525
Year Acquired	[4]	2003
Year Constructed	[4]	2006
Industrial [Member] | Southridge Commerce Park VI [Member] | Orlando [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	571
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	5,579
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	571
Buildings and Improvements	[4]	5,579
Total	[4]	6,150
Accumulated Depreciation	[4]	$ 2,543
Year Acquired	[4]	2003
Year Constructed	[4]	2007
Industrial [Member] | Southridge Commerce Park VII [Member] | Orlando [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	520
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	6,787
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	520
Buildings and Improvements	[4]	6,787
Total	[4]	7,307
Accumulated Depreciation	[4]	$ 3,147
Year Acquired	[4]	2003
Year Constructed	[4]	2008
Industrial [Member] | Southridge Commerce Park VIII [Member] | Orlando [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	531
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	6,730
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	531
Buildings and Improvements	[4]	6,730
Total	[4]	7,261
Accumulated Depreciation	[4]	$ 2,521
Year Acquired	[4]	2003
Year Constructed	[4]	2008
Industrial [Member] | Southridge Commerce Park IX [Member] | Orlando [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	468
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	6,462
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	468
Buildings and Improvements	[4]	6,462
Total	[4]	6,930
Accumulated Depreciation	[4]	$ 2,512
Year Acquired	[4]	2003
Year Constructed	[4]	2012
Industrial [Member] | Southridge Commerce Park X [Member] | Orlando [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	414
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	4,879
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	414
Buildings and Improvements	[4]	4,879
Total	[4]	5,293
Accumulated Depreciation	[4]	$ 1,467
Year Acquired	[4]	2003
Year Constructed	[4]	2012
Industrial [Member] | Southridge Commerce Park XI [Member] | Orlando [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	513
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	5,939
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	513
Buildings and Improvements	[4]	5,939
Total	[4]	6,452
Accumulated Depreciation	[4]	$ 1,921
Year Acquired	[4]	2003
Year Constructed	[4]	2012
Industrial [Member] | Southridge Commerce Park XII [Member] | Orlando [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	2,025
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	17,237
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	2,025
Buildings and Improvements	[4]	17,237
Total	[4]	19,262
Accumulated Depreciation	[4]	$ 6,468
Year Acquired	[4]	2005
Year Constructed	[4]	2008
Industrial [Member] | Horizon I [Member] | Orlando [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	991
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	6,605
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	991
Buildings and Improvements	[4]	6,605
Total	[4]	7,596
Accumulated Depreciation	[4]	$ 1,852
Year Acquired	[4]	2008
Year Constructed	[4]	2014
Industrial [Member] | Horizon II [Member] | Orlando [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	1,111
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	7,257
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	1,111
Buildings and Improvements	[4]	7,257
Total	[4]	8,368
Accumulated Depreciation	[4]	$ 1,934
Year Acquired	[4]	2008
Year Constructed	[4]	2014
Industrial [Member] | Horizon III [Member] | Orlando [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	991
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	6,583
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	991
Buildings and Improvements	[4]	6,583
Total	[4]	7,574
Accumulated Depreciation	[4]	$ 1,442
Year Acquired	[4]	2008
Year Constructed	[4]	2016
Industrial [Member] | Horizon IV [Member] | Orlando [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	1,097
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	8,612
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	1,097
Buildings and Improvements	[4]	8,612
Total	[4]	9,709
Accumulated Depreciation	[4]	$ 1,999
Year Acquired	[4]	2008
Year Constructed	[4]	2015
Industrial [Member] | Horizon V [Member] | Orlando [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	1,108
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	8,608
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	1,108
Buildings and Improvements	[4]	8,608
Total	[4]	9,716
Accumulated Depreciation	[4]	$ 1,508
Year Acquired	[4]	2008
Year Constructed	[4]	2017
Industrial [Member] | Horizon VI [Member] | Orlando [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	1,099
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	11,131
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	1,099
Buildings and Improvements	[4]	11,131
Total	[4]	12,230
Accumulated Depreciation	[4]	$ 1,286
Year Acquired	[4]	2008
Year Constructed	[4]	2019
Industrial [Member] | Horizon VII [Member] | Orlando [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	962
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	7,641
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	962
Buildings and Improvements	[4]	7,641
Total	[4]	8,603
Accumulated Depreciation	[4]	$ 1,598
Year Acquired	[4]	2008
Year Constructed	[4]	2017
Industrial [Member] | Horizon VIII & IX [Member] | Orlando [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	1,590
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	16,628
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	1,590
Buildings and Improvements	[4]	16,628
Total	[4]	18,218
Accumulated Depreciation	[4]	$ 1,129
Year Acquired	[4]	2008
Year Constructed	[4]	2019
Industrial [Member] | Horizon X [Member] | Orlando [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	846
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	6,601
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	846
Buildings and Improvements	[4]	6,601
Total	[4]	7,447
Accumulated Depreciation	[4]	$ 951
Year Acquired	[4]	2009
Year Constructed	[4]	2018
Industrial [Member] | Horizon XI [Member] | Orlando [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	1,101
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	9,877
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	1,101
Buildings and Improvements	[4]	9,877
Total	[4]	10,978
Accumulated Depreciation	[4]	$ 918
Year Acquired	[4]	2009
Year Constructed	[4]	2019
Industrial [Member] | Horizon XII [Member] | Orlando [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	1,416
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	10,581
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	1,416
Buildings and Improvements	[4]	10,581
Total	[4]	11,997
Accumulated Depreciation	[4]	$ 1,540
Year Acquired	[4]	2009
Year Constructed	[4]	2017
Industrial [Member] | Deerwood Distribution Center [Member] | Jacksonville [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	1,147
Buildings and Improvements	[4]	1,799
Costs Capitalized Subsequent to Acquisition	[4]	6,541
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	1,147
Buildings and Improvements	[4]	8,340
Total	[4]	9,487
Accumulated Depreciation	[4]	$ 4,363
Year Acquired	[4]	1989
Year Constructed	[4]	1978
Industrial [Member] | Phillips Distribution Center [Member] | Jacksonville [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	1,375
Buildings and Improvements	[4]	2,961
Costs Capitalized Subsequent to Acquisition	[4]	5,229
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	1,375
Buildings and Improvements	[4]	8,190
Total	[4]	9,565
Accumulated Depreciation	[4]	$ 6,098
Year Acquired	[4]	1994
Year Constructed	[4]	1984/95
Industrial [Member] | Lake Pointe Business Park [Member] | Jacksonville [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	3,442
Buildings and Improvements	[4]	6,450
Costs Capitalized Subsequent to Acquisition	[4]	10,983
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	3,442
Buildings and Improvements	[4]	17,433
Total	[4]	20,875
Accumulated Depreciation	[4]	$ 13,437
Year Acquired	[4]	1993
Year Constructed	[4]	1986/87
Industrial [Member] | Ellis Distribution Center [Member] | Jacksonville [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	540
Buildings and Improvements	[4]	7,513
Costs Capitalized Subsequent to Acquisition	[4]	4,237
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	540
Buildings and Improvements	[4]	11,750
Total	[4]	12,290
Accumulated Depreciation	[4]	$ 5,596
Year Acquired	[4]	1997
Year Constructed	[4]	1977
Industrial [Member] | Westside Distribution Center [Member] | Jacksonville [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	2,011
Buildings and Improvements	[4]	15,374
Costs Capitalized Subsequent to Acquisition	[4]	10,134
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	2,011
Buildings and Improvements	[4]	25,508
Total	[4]	27,519
Accumulated Depreciation	[4]	$ 15,310
Year Acquired	[4]	1997/2008
Year Constructed	[4]	1984/85
Industrial [Member] | Beach Commerce Center [Member] | Jacksonville [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	476
Buildings and Improvements	[4]	1,899
Costs Capitalized Subsequent to Acquisition	[4]	898
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	476
Buildings and Improvements	[4]	2,797
Total	[4]	3,273
Accumulated Depreciation	[4]	$ 1,696
Year Acquired	[4]	2000
Year Constructed	[4]	2000
Industrial [Member] | Interstate Distribution Center [Member] | Jacksonville [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	1,879
Buildings and Improvements	[4]	5,700
Costs Capitalized Subsequent to Acquisition	[4]	2,318
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	1,879
Buildings and Improvements	[4]	8,018
Total	[4]	9,897
Accumulated Depreciation	[4]	$ 5,042
Year Acquired	[4]	2005
Year Constructed	[4]	1990
Industrial [Member] | Flagler Center [Member] | Jacksonville [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	7,317
Buildings and Improvements	[4]	14,912
Costs Capitalized Subsequent to Acquisition	[4]	1,307
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	7,317
Buildings and Improvements	[4]	16,219
Total	[4]	23,536
Accumulated Depreciation	[4]	$ 2,830
Year Acquired	[4]	2016
Year Constructed	[4]	1997 & 2005
Industrial [Member] | Linpro Commerce Center [Member] | Fort Lauderdale/Palm Beach area [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	613
Buildings and Improvements	[4]	2,243
Costs Capitalized Subsequent to Acquisition	[4]	3,722
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	616
Buildings and Improvements	[4]	5,962
Total	[4]	6,578
Accumulated Depreciation	[4]	$ 4,360
Year Acquired	[4]	1996
Year Constructed	[4]	1986
Industrial [Member] | Cypress Creek Business Park [Member] | Fort Lauderdale/Palm Beach area [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	0
Buildings and Improvements	[4]	2,465
Costs Capitalized Subsequent to Acquisition	[4]	2,945
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	0
Buildings and Improvements	[4]	5,410
Total	[4]	5,410
Accumulated Depreciation	[4]	$ 3,709
Year Acquired	[4]	1997
Year Constructed	[4]	1986
Industrial [Member] | Lockhart Distribution Center [Member] | Fort Lauderdale/Palm Beach area [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	0
Buildings and Improvements	[4]	3,489
Costs Capitalized Subsequent to Acquisition	[4]	3,379
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	0
Buildings and Improvements	[4]	6,868
Total	[4]	6,868
Accumulated Depreciation	[4]	$ 5,177
Year Acquired	[4]	1997
Year Constructed	[4]	1986
Industrial [Member] | Interstate Commerce Center [Member] | Fort Lauderdale/Palm Beach area [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	485
Buildings and Improvements	[4]	2,652
Costs Capitalized Subsequent to Acquisition	[4]	2,025
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	485
Buildings and Improvements	[4]	4,677
Total	[4]	5,162
Accumulated Depreciation	[4]	$ 2,806
Year Acquired	[4]	1998
Year Constructed	[4]	1988
Industrial [Member] | Executive Airport Distribution Center [Member] | Fort Lauderdale/Palm Beach area [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	1,991
Buildings and Improvements	[4]	4,857
Costs Capitalized Subsequent to Acquisition	[4]	6,552
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	1,991
Buildings and Improvements	[4]	11,409
Total	[4]	13,400
Accumulated Depreciation	[4]	$ 5,943
Year Acquired	[4]	2001
Year Constructed	[4]	2004/06
Industrial [Member] | Sample 95 Business Park [Member] | Fort Lauderdale/Palm Beach area [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	2,202
Buildings and Improvements	[4]	8,785
Costs Capitalized Subsequent to Acquisition	[4]	5,197
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	2,202
Buildings and Improvements	[4]	13,982
Total	[4]	16,184
Accumulated Depreciation	[4]	$ 9,067
Year Acquired	[4]	1996/98
Year Constructed	[4]	1990/99
Industrial [Member] | Blue Heron Distribution Center [Member] | Fort Lauderdale/Palm Beach area [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	975
Buildings and Improvements	[4]	3,626
Costs Capitalized Subsequent to Acquisition	[4]	2,881
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	975
Buildings and Improvements	[4]	6,507
Total	[4]	7,482
Accumulated Depreciation	[4]	$ 4,254
Year Acquired	[4]	1999
Year Constructed	[4]	1986
Industrial [Member] | Blue Heron Distribution Center II [Member] | Fort Lauderdale/Palm Beach area [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	1,385
Buildings and Improvements	[4]	4,222
Costs Capitalized Subsequent to Acquisition	[4]	2,188
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	1,385
Buildings and Improvements	[4]	6,410
Total	[4]	7,795
Accumulated Depreciation	[4]	$ 3,675
Year Acquired	[4]	2004
Year Constructed	[4]	1988
Industrial [Member] | Blue Heron Distribution Center 3 | Fort Lauderdale/Palm Beach area [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	450
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	2,899
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	450
Buildings and Improvements	[4]	2,899
Total	[4]	3,349
Accumulated Depreciation	[4]	$ 1,266
Year Acquired	[4]	2004
Year Constructed	[4]	2009
Industrial [Member] | Weston [Member] | Fort Lauderdale/Palm Beach area [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	4,163
Buildings and Improvements	[4]	9,951
Costs Capitalized Subsequent to Acquisition	[4]	1,740
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	4,163
Buildings and Improvements	[4]	11,691
Total	[4]	15,854
Accumulated Depreciation	[4]	$ 1,888
Year Acquired	[4]	2016
Year Constructed	[4]	1998
Industrial [Member] | SunCoast Commerce Center I [Member] | Fort Myers [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	911
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	4,841
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	928
Buildings and Improvements	[4]	4,824
Total	[4]	5,752
Accumulated Depreciation	[4]	$ 2,173
Year Acquired	[4]	2005
Year Constructed	[4]	2008
Industrial [Member] | SunCoast Commerce Center II [Member] | Fort Myers [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	911
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	5,037
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	928
Buildings and Improvements	[4]	5,020
Total	[4]	5,948
Accumulated Depreciation	[4]	$ 2,424
Year Acquired	[4]	2005
Year Constructed	[4]	2007
Industrial [Member] | SunCoast Commerce Center III [Member] | Fort Myers [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	1,720
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	6,720
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	1,763
Buildings and Improvements	[4]	6,677
Total	[4]	8,440
Accumulated Depreciation	[4]	$ 2,912
Year Acquired	[4]	2006
Year Constructed	[4]	2008
Industrial [Member] | SunCoast 4 [Member] | Fort Myers [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	1,733
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	7,548
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	1,762
Buildings and Improvements	[4]	7,519
Total	[4]	9,281
Accumulated Depreciation	[4]	$ 1,307
Year Acquired	[4]	2006
Year Constructed	[4]	2017
Industrial [Member] | SunCoast 5 [Member] | Fort Myers [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	1,511
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	6,737
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	1,594
Buildings and Improvements	[4]	6,654
Total	[4]	8,248
Accumulated Depreciation	[4]	$ 823
Year Acquired	[4]	2006
Year Constructed	[4]	2019
Industrial [Member] | SunCoast Commerce Center 6 | Fort Myers [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	1,537
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	7,080
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	1,594
Buildings and Improvements	[4]	7,023
Total	[4]	8,617
Accumulated Depreciation	[4]	$ 557
Year Acquired	[4]	2006
Year Constructed	[4]	2019
Industrial [Member] | SunCoast 7 | Fort Myers [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	1,533
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	7,041
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	1,533
Buildings and Improvements	[4]	7,041
Total	[4]	8,574
Accumulated Depreciation	[4]	$ 136
Year Acquired	[4]	2006
Year Constructed	[4]	2020
Industrial [Member] | Suncoast Commerce Center 8 [Member] | Fort Myers [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	1,533
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	6,789
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	1,533
Buildings and Improvements	[4]	6,789
Total	[4]	8,322
Accumulated Depreciation	[4]	$ 492
Year Acquired	[4]	2006
Year Constructed	[4]	2020
Industrial [Member] | Gateway Commerce Park I [Member] | Miami [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	5,746
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	17,726
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	5,746
Buildings and Improvements	[4]	17,726
Total	[4]	23,472
Accumulated Depreciation	[4]	$ 2,145
Year Acquired	[4]	2016
Year Constructed	[4]	2018
Industrial [Member] | Gateway Commerce Park 4 | Miami [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	4,711
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	20,013
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	4,711
Buildings and Improvements	[4]	20,013
Total	[4]	24,724
Accumulated Depreciation	[4]	$ 314
Year Acquired	[4]	2016
Year Constructed	[4]	2020
Industrial [Member] | Gateway Commerce Park 5 [Member] | Miami [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	5,746
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	18,221
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	5,357
Buildings and Improvements	[4]	18,610
Total	[4]	23,967
Accumulated Depreciation	[4]	$ 1,794
Year Acquired	[4]	2016
Year Constructed	[4]	2019
Industrial [Member] | Wiegman Distribution Center I [Member] | San Francisco area [Member] | CALIFORNIA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	2,197
Buildings and Improvements	[4]	8,788
Costs Capitalized Subsequent to Acquisition	[4]	2,711
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	2,308
Buildings and Improvements	[4]	11,388
Total	[4]	13,696
Accumulated Depreciation	[4]	$ 7,583
Year Acquired	[4]	1996
Year Constructed	[4]	1986/87
Industrial [Member] | Wiegman Distribution Center II [Member] | San Francisco area [Member] | CALIFORNIA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	2,579
Buildings and Improvements	[4]	4,316
Costs Capitalized Subsequent to Acquisition	[4]	152
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	2,579
Buildings and Improvements	[4]	4,468
Total	[4]	7,047
Accumulated Depreciation	[4]	$ 1,195
Year Acquired	[4]	2012
Year Constructed	[4]	1998
Industrial [Member] | Huntwood Distribution Center [Member] | San Francisco area [Member] | CALIFORNIA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	3,842
Buildings and Improvements	[4]	15,368
Costs Capitalized Subsequent to Acquisition	[4]	4,088
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	3,842
Buildings and Improvements	[4]	19,456
Total	[4]	23,298
Accumulated Depreciation	[4]	$ 13,133
Year Acquired	[4]	1996
Year Constructed	[4]	1988
Industrial [Member] | San Clemente Distribution Center [Member] | San Francisco area [Member] | CALIFORNIA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	893
Buildings and Improvements	[4]	2,004
Costs Capitalized Subsequent to Acquisition	[4]	967
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	893
Buildings and Improvements	[4]	2,971
Total	[4]	3,864
Accumulated Depreciation	[4]	$ 2,153
Year Acquired	[4]	1997
Year Constructed	[4]	1978
Industrial [Member] | Yosemite Distribution Center [Member] | San Francisco area [Member] | CALIFORNIA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	259
Buildings and Improvements	[4]	7,058
Costs Capitalized Subsequent to Acquisition	[4]	2,072
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	731
Buildings and Improvements	[4]	8,658
Total	[4]	9,389
Accumulated Depreciation	[4]	$ 5,700
Year Acquired	[4]	1999
Year Constructed	[4]	1974/87
Industrial [Member] | Eucalyptus Distribution Center [Member] | Los Angeles area [Member] | CALIFORNIA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	11,392
Buildings and Improvements	[4]	11,498
Costs Capitalized Subsequent to Acquisition	[4]	803
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	11,392
Buildings and Improvements	[4]	12,301
Total	[4]	23,693
Accumulated Depreciation	[4]	$ 1,395
Year Acquired	[4]	2018
Year Constructed	[4]	1988
Industrial [Member] | Kingsview Industrial Center [Member] | Los Angeles area [Member] | CALIFORNIA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	643
Buildings and Improvements	[4]	2,573
Costs Capitalized Subsequent to Acquisition	[4]	812
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	643
Buildings and Improvements	[4]	3,385
Total	[4]	4,028
Accumulated Depreciation	[4]	$ 2,367
Year Acquired	[4]	1996
Year Constructed	[4]	1980
Industrial [Member] | Dominguez Distribution Center [Member] | Los Angeles area [Member] | CALIFORNIA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	2,006
Buildings and Improvements	[4]	8,025
Costs Capitalized Subsequent to Acquisition	[4]	4,014
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	2,006
Buildings and Improvements	[4]	12,039
Total	[4]	14,045
Accumulated Depreciation	[4]	$ 6,441
Year Acquired	[4]	1996
Year Constructed	[4]	1977
Industrial [Member] | Main Street Distribution Center [Member] | Los Angeles area [Member] | CALIFORNIA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	1,606
Buildings and Improvements	[4]	4,103
Costs Capitalized Subsequent to Acquisition	[4]	1,013
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	1,606
Buildings and Improvements	[4]	5,116
Total	[4]	6,722
Accumulated Depreciation	[4]	$ 3,251
Year Acquired	[4]	1999
Year Constructed	[4]	1999
Industrial [Member] | Walnut Business Center [Member] | Los Angeles area [Member] | CALIFORNIA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	2,885
Buildings and Improvements	[4]	5,274
Costs Capitalized Subsequent to Acquisition	[4]	2,641
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	2,885
Buildings and Improvements	[4]	7,915
Total	[4]	10,800
Accumulated Depreciation	[4]	$ 5,489
Year Acquired	[4]	1996
Year Constructed	[4]	1966/90
Industrial [Member] | Washington Distribution Center [Member] | Los Angeles area [Member] | CALIFORNIA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	1,636
Buildings and Improvements	[4]	4,900
Costs Capitalized Subsequent to Acquisition	[4]	840
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	1,636
Buildings and Improvements	[4]	5,740
Total	[4]	7,376
Accumulated Depreciation	[4]	$ 3,728
Year Acquired	[4]	1997
Year Constructed	[4]	1996/97
Industrial [Member] | Chino Distribution Center [Member] | Los Angeles area [Member] | CALIFORNIA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	2,544
Buildings and Improvements	[4]	10,175
Costs Capitalized Subsequent to Acquisition	[4]	1,623
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	2,544
Buildings and Improvements	[4]	11,798
Total	[4]	14,342
Accumulated Depreciation	[4]	$ 9,600
Year Acquired	[4]	1998
Year Constructed	[4]	1980
Industrial [Member] | Ramona Distribution Center [Member] | Los Angeles area [Member] | CALIFORNIA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 2,156
Initial Cost to the Company [Abstract]
Land	[4]	3,761
Buildings and Improvements	[4]	5,751
Costs Capitalized Subsequent to Acquisition	[4]	160
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	3,761
Buildings and Improvements	[4]	5,911
Total	[4]	9,672
Accumulated Depreciation	[4]	$ 1,157
Year Acquired	[4]	2014
Year Constructed	[4]	1984
Industrial [Member] | Industry Distribution Center I [Member] | Los Angeles area [Member] | CALIFORNIA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	10,230
Buildings and Improvements	[4]	12,373
Costs Capitalized Subsequent to Acquisition	[4]	4,890
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	10,230
Buildings and Improvements	[4]	17,263
Total	[4]	27,493
Accumulated Depreciation	[4]	$ 11,348
Year Acquired	[4]	1998
Year Constructed	[4]	1959
Industrial [Member] | Industry Distribution Center III [Member] | Los Angeles area [Member] | CALIFORNIA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	0
Buildings and Improvements	[4]	3,012
Costs Capitalized Subsequent to Acquisition	[4]	(157)
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	0
Buildings and Improvements	[4]	2,855
Total	[4]	2,855
Accumulated Depreciation	[4]	$ 2,855
Year Acquired	[4]	2007
Year Constructed	[4]	1992
Industrial [Member] | Chestnut Business Center [Member] | Los Angeles area [Member] | CALIFORNIA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	1,674
Buildings and Improvements	[4]	3,465
Costs Capitalized Subsequent to Acquisition	[4]	409
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	1,674
Buildings and Improvements	[4]	3,874
Total	[4]	5,548
Accumulated Depreciation	[4]	$ 2,328
Year Acquired	[4]	1998
Year Constructed	[4]	1999
Industrial [Member] | Los Angeles Corporate Center [Member] | Los Angeles area [Member] | CALIFORNIA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	1,363
Buildings and Improvements	[4]	5,453
Costs Capitalized Subsequent to Acquisition	[4]	4,364
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	1,363
Buildings and Improvements	[4]	9,817
Total	[4]	11,180
Accumulated Depreciation	[4]	$ 6,796
Year Acquired	[4]	1996
Year Constructed	[4]	1986
Industrial [Member] | Shaw Commerce Center [Member] | Fresno [Member] | CALIFORNIA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	2,465
Buildings and Improvements	[4]	11,627
Costs Capitalized Subsequent to Acquisition	[4]	8,059
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	2,465
Buildings and Improvements	[4]	19,686
Total	[4]	22,151
Accumulated Depreciation	[4]	$ 13,535
Year Acquired	[4]	1998
Year Constructed	[4]	1978/81/87
Industrial [Member] | Eastlake Distribution Center [Member] | San Diego [Member] | CALIFORNIA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	3,046
Buildings and Improvements	[4]	6,888
Costs Capitalized Subsequent to Acquisition	[4]	2,039
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	3,046
Buildings and Improvements	[4]	8,927
Total	[4]	11,973
Accumulated Depreciation	[4]	$ 6,239
Year Acquired	[4]	1997
Year Constructed	[4]	1989
Industrial [Member] | Miramar Land [Member] | San Diego [Member] | CALIFORNIA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	13,980
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	29
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	13,981
Buildings and Improvements	[4]	28
Total	[4]	14,009
Accumulated Depreciation	[4]	$ 1
Year Acquired	[4]	2019
Year Constructed	[4]	n/a
Industrial [Member] | Ocean View Corporate Center [Member] | San Diego [Member] | CALIFORNIA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	6,577
Buildings and Improvements	[4]	7,105
Costs Capitalized Subsequent to Acquisition	[4]	1,871
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	6,577
Buildings and Improvements	[4]	8,976
Total	[4]	15,553
Accumulated Depreciation	[4]	$ 3,778
Year Acquired	[4]	2010
Year Constructed	[4]	2005
Industrial [Member] | Rancho Distribution Center | San Diego [Member] | CALIFORNIA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	16,180
Buildings and Improvements	[4]	11,140
Costs Capitalized Subsequent to Acquisition	[4]	326
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	16,180
Buildings and Improvements	[4]	11,466
Total	[4]	27,646
Accumulated Depreciation	[4]	$ 511
Year Acquired	[4]	2020
Year Constructed	[4]	2006
Industrial [Member] | Rocky Point Distribution Center I [Member] | San Diego [Member] | CALIFORNIA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	8,857
Buildings and Improvements	[4]	13,388
Costs Capitalized Subsequent to Acquisition	[4]	1
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	8,857
Buildings and Improvements	[4]	13,389
Total	[4]	22,246
Accumulated Depreciation	[4]	$ 1,281
Year Acquired	[4]	2019
Year Constructed	[4]	2019
Industrial [Member] | Rocky Point Distribution Center II [Member] | San Diego [Member] | CALIFORNIA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	7,623
Buildings and Improvements	[4]	11,614
Costs Capitalized Subsequent to Acquisition	[4]	1,423
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	7,623
Buildings and Improvements	[4]	13,037
Total	[4]	20,660
Accumulated Depreciation	[4]	$ 542
Year Acquired	[4]	2019
Year Constructed	[4]	2019
Industrial [Member] | Siempre Viva Distribution Center I [Member] | San Diego [Member] | CALIFORNIA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	4,628
Buildings and Improvements	[4]	9,211
Costs Capitalized Subsequent to Acquisition	[4]	368
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	4,628
Buildings and Improvements	[4]	9,579
Total	[4]	14,207
Accumulated Depreciation	[4]	$ 916
Year Acquired	[4]	2018
Year Constructed	[4]	2003
Industrial [Member] | Siempre Viva Distribution Center II [Member] | San Diego [Member] | CALIFORNIA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	2,868
Buildings and Improvements	[4]	5,694
Costs Capitalized Subsequent to Acquisition	[4]	125
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	2,877
Buildings and Improvements	[4]	5,810
Total	[4]	8,687
Accumulated Depreciation	[4]	$ 419
Year Acquired	[4]	2019
Year Constructed	[4]	2002
Industrial [Member] | Allen Station I & II [Member] | Dallas [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	5,815
Buildings and Improvements	[4]	17,612
Costs Capitalized Subsequent to Acquisition	[4]	2,156
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	5,815
Buildings and Improvements	[4]	19,768
Total	[4]	25,583
Accumulated Depreciation	[4]	$ 2,741
Year Acquired	[4]	2018
Year Constructed	[4]	2001
Industrial [Member] | Arlington Tech Centre 1 & 2 [Member] | Dallas [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	2,510
Buildings and Improvements	[4]	10,096
Costs Capitalized Subsequent to Acquisition	[4]	3,307
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	2,515
Buildings and Improvements	[4]	13,398
Total	[4]	15,913
Accumulated Depreciation	[4]	$ 626
Year Acquired	[4]	2019
Year Constructed	[4]	2019
Industrial [Member] | Interstate Distribution Center I and II [Member] | Dallas [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	1,746
Buildings and Improvements	[4]	4,941
Costs Capitalized Subsequent to Acquisition	[4]	3,934
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	1,746
Buildings and Improvements	[4]	8,875
Total	[4]	10,621
Accumulated Depreciation	[4]	$ 7,558
Year Acquired	[4]	1988
Year Constructed	[4]	1978
Industrial [Member] | Interstate Distribution Center III [Member] | Dallas [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	519
Buildings and Improvements	[4]	2,008
Costs Capitalized Subsequent to Acquisition	[4]	1,674
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	519
Buildings and Improvements	[4]	3,682
Total	[4]	4,201
Accumulated Depreciation	[4]	$ 2,729
Year Acquired	[4]	2000
Year Constructed	[4]	1979
Industrial [Member] | Interstate Distribution Center IV [Member] | Dallas [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	416
Buildings and Improvements	[4]	2,481
Costs Capitalized Subsequent to Acquisition	[4]	899
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	416
Buildings and Improvements	[4]	3,380
Total	[4]	3,796
Accumulated Depreciation	[4]	$ 1,950
Year Acquired	[4]	2004
Year Constructed	[4]	2002
Industrial [Member] | Interstate Distribution Center V, VI, VII [Member] | Dallas [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	1,824
Buildings and Improvements	[4]	4,106
Costs Capitalized Subsequent to Acquisition	[4]	2,779
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	1,824
Buildings and Improvements	[4]	6,885
Total	[4]	8,709
Accumulated Depreciation	[4]	$ 4,302
Year Acquired	[4]	2009
Year Constructed	[4]	1979/80/81
Industrial [Member] | LakePort 1-3 [Member] | Dallas [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	2,984
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	21,208
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	2,984
Buildings and Improvements	[4]	21,208
Total	[4]	24,192
Accumulated Depreciation	[4]	$ 317
Year Acquired	[4]	2018
Year Constructed	[4]	2020
Industrial [Member] | Logistics Center 6 & 7 [Member] | Dallas [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	0
Buildings and Improvements	[4]	12,605
Costs Capitalized Subsequent to Acquisition	[4]	3,219
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	0
Buildings and Improvements	[4]	15,824
Total	[4]	15,824
Accumulated Depreciation	[4]	$ 1,479
Year Acquired	[4]	2019
Year Constructed	[4]	2018
Industrial [Member] | Venture Warehouses [Member] | Dallas [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	1,452
Buildings and Improvements	[4]	3,762
Costs Capitalized Subsequent to Acquisition	[4]	2,889
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	1,452
Buildings and Improvements	[4]	6,651
Total	[4]	8,103
Accumulated Depreciation	[4]	$ 5,811
Year Acquired	[4]	1988
Year Constructed	[4]	1979
Industrial [Member] | ParkView 1-3 [Member] | Dallas [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	2,663
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	18,908
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	2,663
Buildings and Improvements	[4]	18,908
Total	[4]	21,571
Accumulated Depreciation	[4]	$ 4,175
Year Acquired	[4]	2014
Year Constructed	[4]	2015
Industrial [Member] | Shady Trail Distribution Center [Member] | Dallas [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	635
Buildings and Improvements	[4]	3,621
Costs Capitalized Subsequent to Acquisition	[4]	1,408
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	635
Buildings and Improvements	[4]	5,029
Total	[4]	5,664
Accumulated Depreciation	[4]	$ 3,056
Year Acquired	[4]	2003
Year Constructed	[4]	1998
Industrial [Member] | Valwood Distribution Center [Member] | Dallas [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	4,361
Buildings and Improvements	[4]	34,405
Costs Capitalized Subsequent to Acquisition	[4]	4,469
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	4,361
Buildings and Improvements	[4]	38,874
Total	[4]	43,235
Accumulated Depreciation	[4]	$ 13,168
Year Acquired	[4]	2012
Year Constructed	[4]	1986/87/97/98
Industrial [Member] | Northfield Distribution Center [Member] | Dallas [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	12,470
Buildings and Improvements	[4]	50,713
Costs Capitalized Subsequent to Acquisition	[4]	8,133
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	12,471
Buildings and Improvements	[4]	58,845
Total	[4]	71,316
Accumulated Depreciation	[4]	$ 19,098
Year Acquired	[4]	2013
Year Constructed	[4]	1999-2001/03/04/08
Industrial [Member] | Parc North 1-4 [Member] | Dallas [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	4,615
Buildings and Improvements	[4]	26,358
Costs Capitalized Subsequent to Acquisition	[4]	6,421
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	4,615
Buildings and Improvements	[4]	32,779
Total	[4]	37,394
Accumulated Depreciation	[4]	$ 6,518
Year Acquired	[4]	2016
Year Constructed	[4]	2016
Industrial [Member] | Parc North 5 [Member] | Dallas [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	1,286
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	7,966
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	1,286
Buildings and Improvements	[4]	7,966
Total	[4]	9,252
Accumulated Depreciation	[4]	$ 789
Year Acquired	[4]	2016
Year Constructed	[4]	2019
Industrial [Member] | Parc North 6 [Member] | Dallas [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	1,233
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	9,537
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	1,233
Buildings and Improvements	[4]	9,537
Total	[4]	10,770
Accumulated Depreciation	[4]	$ 741
Year Acquired	[4]	2016
Year Constructed	[4]	2019
Industrial [Member] | CreekView 121 1&2 [Member] | Dallas [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	3,275
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	14,883
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	3,275
Buildings and Improvements	[4]	14,883
Total	[4]	18,158
Accumulated Depreciation	[4]	$ 3,279
Year Acquired	[4]	2015
Year Constructed	[4]	2017
Industrial [Member] | Creekview 121 3 & 4 [Member] | Dallas [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	2,600
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	13,518
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	2,600
Buildings and Improvements	[4]	13,518
Total	[4]	16,118
Accumulated Depreciation	[4]	$ 2,214
Year Acquired	[4]	2015
Year Constructed	[4]	2018
Industrial [Member] | Creekview 121 5 & 6 [Member] | Dallas [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	2,682
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	12,910
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	2,681
Buildings and Improvements	[4]	12,911
Total	[4]	15,592
Accumulated Depreciation	[4]	$ 1,136
Year Acquired	[4]	2016
Year Constructed	[4]	2020
Industrial [Member] | Creek View 121 7 & 8 [Member] | Dallas [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	2,640
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	15,047
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	2,640
Buildings and Improvements	[4]	15,047
Total	[4]	17,687
Accumulated Depreciation	[4]	$ 606
Year Acquired	[4]	2016
Year Constructed	[4]	2020
Industrial [Member] | The Rock at Star Business Park | Dallas [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	5,296
Buildings and Improvements	[4]	27,223
Costs Capitalized Subsequent to Acquisition	[4]	294
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	5,296
Buildings and Improvements	[4]	27,517
Total	[4]	32,813
Accumulated Depreciation	[4]	$ 1,735
Year Acquired	[4]	2020
Year Constructed	[4]	2019
Industrial [Member] | DFW Global Logistics Centre | Dallas [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	0
Buildings and Improvements	[4]	86,564
Costs Capitalized Subsequent to Acquisition	[4]	68
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	0
Buildings and Improvements	[4]	86,632
Total	[4]	86,632
Accumulated Depreciation	[4]	$ 1,106
Year Acquired	[4]	2021
Year Constructed	[4]	2014/15
Industrial [Member] | World Houston Intl Business Ctr 1 and 2 [Member] | Houston [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	660
Buildings and Improvements	[4]	5,893
Costs Capitalized Subsequent to Acquisition	[4]	2,795
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	660
Buildings and Improvements	[4]	8,688
Total	[4]	9,348
Accumulated Depreciation	[4]	$ 5,811
Year Acquired	[4]	1998
Year Constructed	[4]	1996
Industrial [Member] | World Houston Intl Business Ctr 3 and 4 [Member] | Houston [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	820
Buildings and Improvements	[4]	5,130
Costs Capitalized Subsequent to Acquisition	[4]	874
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	707
Buildings and Improvements	[4]	6,117
Total	[4]	6,824
Accumulated Depreciation	[4]	$ 3,900
Year Acquired	[4]	1998
Year Constructed	[4]	1998
Industrial [Member] | World Houston Intl Business Ctr 6 [Member] | Houston [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	425
Buildings and Improvements	[4]	2,423
Costs Capitalized Subsequent to Acquisition	[4]	732
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	425
Buildings and Improvements	[4]	3,155
Total	[4]	3,580
Accumulated Depreciation	[4]	$ 2,224
Year Acquired	[4]	1998
Year Constructed	[4]	1998
Industrial [Member] | World Houston Intl Business Ctr 7 and 8 [Member] | Houston [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	680
Buildings and Improvements	[4]	4,584
Costs Capitalized Subsequent to Acquisition	[4]	5,600
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	680
Buildings and Improvements	[4]	10,184
Total	[4]	10,864
Accumulated Depreciation	[4]	$ 6,964
Year Acquired	[4]	1998
Year Constructed	[4]	1998
Industrial [Member] | World Houston Intl Business Ctr 9 [Member] | Houston [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	800
Buildings and Improvements	[4]	4,355
Costs Capitalized Subsequent to Acquisition	[4]	2,166
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	800
Buildings and Improvements	[4]	6,521
Total	[4]	7,321
Accumulated Depreciation	[4]	$ 3,923
Year Acquired	[4]	1998
Year Constructed	[4]	1998
Industrial [Member] | World Houston Intl Business Ctr 10 [Member] | Houston [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	933
Buildings and Improvements	[4]	4,779
Costs Capitalized Subsequent to Acquisition	[4]	904
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	933
Buildings and Improvements	[4]	5,683
Total	[4]	6,616
Accumulated Depreciation	[4]	$ 3,348
Year Acquired	[4]	2001
Year Constructed	[4]	1999
Industrial [Member] | World Houston Intl Business Ctr 11 [Member] | Houston [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	638
Buildings and Improvements	[4]	3,764
Costs Capitalized Subsequent to Acquisition	[4]	1,799
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	638
Buildings and Improvements	[4]	5,563
Total	[4]	6,201
Accumulated Depreciation	[4]	$ 3,419
Year Acquired	[4]	1999
Year Constructed	[4]	1999
Industrial [Member] | World Houston Intl Business Ctr 12 [Member] | Houston [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	340
Buildings and Improvements	[4]	2,419
Costs Capitalized Subsequent to Acquisition	[4]	383
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	340
Buildings and Improvements	[4]	2,802
Total	[4]	3,142
Accumulated Depreciation	[4]	$ 1,855
Year Acquired	[4]	2000
Year Constructed	[4]	2002
Industrial [Member] | World Houston Intl Business Ctr 13 [Member] | Houston [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	282
Buildings and Improvements	[4]	2,569
Costs Capitalized Subsequent to Acquisition	[4]	787
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	282
Buildings and Improvements	[4]	3,356
Total	[4]	3,638
Accumulated Depreciation	[4]	$ 2,306
Year Acquired	[4]	2000
Year Constructed	[4]	2002
Industrial [Member] | World Houston Intl Business Ctr 14 [Member] | Houston [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	722
Buildings and Improvements	[4]	2,629
Costs Capitalized Subsequent to Acquisition	[4]	1,350
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	722
Buildings and Improvements	[4]	3,979
Total	[4]	4,701
Accumulated Depreciation	[4]	$ 2,542
Year Acquired	[4]	2000
Year Constructed	[4]	2003
Industrial [Member] | World Houston Intl Business Ctr 15 [Member] | Houston [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	731
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	6,297
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	731
Buildings and Improvements	[4]	6,297
Total	[4]	7,028
Accumulated Depreciation	[4]	$ 3,843
Year Acquired	[4]	2000
Year Constructed	[4]	2007
Industrial [Member] | World Houston Intl Business Ctr 16 [Member] | Houston [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	519
Buildings and Improvements	[4]	4,248
Costs Capitalized Subsequent to Acquisition	[4]	1,840
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	519
Buildings and Improvements	[4]	6,088
Total	[4]	6,607
Accumulated Depreciation	[4]	$ 3,594
Year Acquired	[4]	2000
Year Constructed	[4]	2005
Industrial [Member] | World Houston Intl Business Ctr 17 [Member] | Houston [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	373
Buildings and Improvements	[4]	1,945
Costs Capitalized Subsequent to Acquisition	[4]	848
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	373
Buildings and Improvements	[4]	2,793
Total	[4]	3,166
Accumulated Depreciation	[4]	$ 1,670
Year Acquired	[4]	2000
Year Constructed	[4]	2004
Industrial [Member] | World Houston Intl Business Ctr 19 [Member] | Houston [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	373
Buildings and Improvements	[4]	2,256
Costs Capitalized Subsequent to Acquisition	[4]	1,327
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	373
Buildings and Improvements	[4]	3,583
Total	[4]	3,956
Accumulated Depreciation	[4]	$ 2,219
Year Acquired	[4]	2000
Year Constructed	[4]	2004
Industrial [Member] | World Houston Intl Business Ctr 20 [Member] | Houston [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	1,008
Buildings and Improvements	[4]	1,948
Costs Capitalized Subsequent to Acquisition	[4]	2,201
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	1,008
Buildings and Improvements	[4]	4,149
Total	[4]	5,157
Accumulated Depreciation	[4]	$ 2,633
Year Acquired	[4]	2000
Year Constructed	[4]	2004
Industrial [Member] | World Houston Intl Business Ctr 21 [Member] | Houston [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	436
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	4,142
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	436
Buildings and Improvements	[4]	4,142
Total	[4]	4,578
Accumulated Depreciation	[4]	$ 2,053
Year Acquired	[4]	2000/03
Year Constructed	[4]	2006
Industrial [Member] | World Houston Intl Business Ctr 22 [Member] | Houston [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	436
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	4,654
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	436
Buildings and Improvements	[4]	4,654
Total	[4]	5,090
Accumulated Depreciation	[4]	$ 2,505
Year Acquired	[4]	2000
Year Constructed	[4]	2007
Industrial [Member] | World Houston Intl Business Ctr 23 [Member] | Houston [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	910
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	7,438
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	910
Buildings and Improvements	[4]	7,438
Total	[4]	8,348
Accumulated Depreciation	[4]	$ 3,788
Year Acquired	[4]	2000
Year Constructed	[4]	2007
Industrial [Member] | World Houston Intl Business Ctr 24 [Member] | Houston [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	837
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	6,202
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	838
Buildings and Improvements	[4]	6,201
Total	[4]	7,039
Accumulated Depreciation	[4]	$ 3,136
Year Acquired	[4]	2005
Year Constructed	[4]	2008
Industrial [Member] | World Houston Intl Business Ctr 25 [Member] | Houston [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	508
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	4,486
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	508
Buildings and Improvements	[4]	4,486
Total	[4]	4,994
Accumulated Depreciation	[4]	$ 2,137
Year Acquired	[4]	2005
Year Constructed	[4]	2008
Industrial [Member] | World Houston Intl Business Ctr 26 [Member] | Houston [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	445
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	3,267
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	445
Buildings and Improvements	[4]	3,267
Total	[4]	3,712
Accumulated Depreciation	[4]	$ 1,424
Year Acquired	[4]	2005
Year Constructed	[4]	2008
Industrial [Member] | World Houston Intl Business Ctr 27 [Member] | Houston [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	837
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	5,202
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	838
Buildings and Improvements	[4]	5,201
Total	[4]	6,039
Accumulated Depreciation	[4]	$ 2,600
Year Acquired	[4]	2005
Year Constructed	[4]	2008
Industrial [Member] | World Houston Intl Business Ctr 28 [Member] | Houston [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	550
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	4,667
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	550
Buildings and Improvements	[4]	4,667
Total	[4]	5,217
Accumulated Depreciation	[4]	$ 2,349
Year Acquired	[4]	2005
Year Constructed	[4]	2009
Industrial [Member] | World Houston Intl Business Ctr 29 [Member] | Houston [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	782
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	4,179
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	974
Buildings and Improvements	[4]	3,987
Total	[4]	4,961
Accumulated Depreciation	[4]	$ 1,680
Year Acquired	[4]	2007
Year Constructed	[4]	2009
Industrial [Member] | World Houston Intl Business Ctr 30 [Member] | Houston [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	981
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	6,000
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	1,222
Buildings and Improvements	[4]	5,759
Total	[4]	6,981
Accumulated Depreciation	[4]	$ 2,736
Year Acquired	[4]	2007
Year Constructed	[4]	2009
Industrial [Member] | World Houston Intl Business Ctr31a Member | Houston [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	684
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	4,186
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	684
Buildings and Improvements	[4]	4,186
Total	[4]	4,870
Accumulated Depreciation	[4]	$ 2,019
Year Acquired	[4]	2008
Year Constructed	[4]	2011
Industrial [Member] | World Houston Intl Business Ctr 31B [Member] | Houston [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	546
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	3,640
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	546
Buildings and Improvements	[4]	3,640
Total	[4]	4,186
Accumulated Depreciation	[4]	$ 1,562
Year Acquired	[4]	2008
Year Constructed	[4]	2012
Industrial [Member] | World Houston Intl Business Ctr 32 [Member] | Houston [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	1,225
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	5,655
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	1,526
Buildings and Improvements	[4]	5,354
Total	[4]	6,880
Accumulated Depreciation	[4]	$ 1,880
Year Acquired	[4]	2007
Year Constructed	[4]	2012
Industrial [Member] | World Houston 33 [Member] | Houston [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	1,166
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	7,969
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	1,166
Buildings and Improvements	[4]	7,969
Total	[4]	9,135
Accumulated Depreciation	[4]	$ 2,547
Year Acquired	[4]	2011
Year Constructed	[4]	2013
Industrial [Member] | World Houston 34 [Member] | Houston [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	439
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	3,453
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	439
Buildings and Improvements	[4]	3,453
Total	[4]	3,892
Accumulated Depreciation	[4]	$ 1,153
Year Acquired	[4]	2005
Year Constructed	[4]	2012
Industrial [Member] | World Houston 35 [Member] | Houston [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	340
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	2,602
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	340
Buildings and Improvements	[4]	2,602
Total	[4]	2,942
Accumulated Depreciation	[4]	$ 700
Year Acquired	[4]	2005
Year Constructed	[4]	2012
Industrial [Member] | World Houston 36 [Member] | Houston [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	684
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	4,959
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	684
Buildings and Improvements	[4]	4,959
Total	[4]	5,643
Accumulated Depreciation	[4]	$ 1,738
Year Acquired	[4]	2011
Year Constructed	[4]	2013
Industrial [Member] | World Houston 37 [Member] | Houston [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	759
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	6,663
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	759
Buildings and Improvements	[4]	6,663
Total	[4]	7,422
Accumulated Depreciation	[4]	$ 2,242
Year Acquired	[4]	2011
Year Constructed	[4]	2013
Industrial [Member] | World Houston 38 [Member] | Houston [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	1,053
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	7,881
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	1,053
Buildings and Improvements	[4]	7,881
Total	[4]	8,934
Accumulated Depreciation	[4]	$ 2,495
Year Acquired	[4]	2011
Year Constructed	[4]	2013
Industrial [Member] | World Houston 39 [Member] | Houston [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	620
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	5,310
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	621
Buildings and Improvements	[4]	5,309
Total	[4]	5,930
Accumulated Depreciation	[4]	$ 1,390
Year Acquired	[4]	2011
Year Constructed	[4]	2014
Industrial [Member] | World Houston 40 [Member] | Houston [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	1,072
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	9,426
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	1,072
Buildings and Improvements	[4]	9,426
Total	[4]	10,498
Accumulated Depreciation	[4]	$ 2,305
Year Acquired	[4]	2011
Year Constructed	[4]	2014
Industrial [Member] | World Houston 41 [Member] | Houston [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	649
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	6,039
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	649
Buildings and Improvements	[4]	6,039
Total	[4]	6,688
Accumulated Depreciation	[4]	$ 1,522
Year Acquired	[4]	2011
Year Constructed	[4]	2014
Industrial [Member] | World Houston 42 [Member] | Houston [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	571
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	4,814
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	571
Buildings and Improvements	[4]	4,814
Total	[4]	5,385
Accumulated Depreciation	[4]	$ 1,073
Year Acquired	[4]	2011
Year Constructed	[4]	2015
Industrial [Member] | World Houston 43 [Member] | Houston [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	443
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	6,132
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	443
Buildings and Improvements	[4]	6,132
Total	[4]	6,575
Accumulated Depreciation	[4]	$ 589
Year Acquired	[4]	2011
Year Constructed	[4]	2019
Industrial [Member] | World Houston 44 [Member] | Houston [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	653
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	8,579
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	653
Buildings and Improvements	[4]	8,579
Total	[4]	9,232
Accumulated Depreciation	[4]	$ 245
Year Acquired	[4]	2011
Year Constructed	[4]	2020
Industrial [Member] | World Houston 45 [Member] | Houston [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	3,243
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	13,745
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	3,243
Buildings and Improvements	[4]	13,745
Total	[4]	16,988
Accumulated Depreciation	[4]	$ 995
Year Acquired	[4]	2015
Year Constructed	[4]	2019
Industrial [Member] | Glenmont Business Park [Member] | Houston [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	936
Buildings and Improvements	[4]	6,161
Costs Capitalized Subsequent to Acquisition	[4]	3,661
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	937
Buildings and Improvements	[4]	9,821
Total	[4]	10,758
Accumulated Depreciation	[4]	$ 6,250
Year Acquired	[4]	1998
Year Constructed	[4]	1999/2000
Industrial [Member] | Beltway Crossing I [Member] | Houston [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	458
Buildings and Improvements	[4]	5,712
Costs Capitalized Subsequent to Acquisition	[4]	3,264
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	458
Buildings and Improvements	[4]	8,976
Total	[4]	9,434
Accumulated Depreciation	[4]	$ 5,576
Year Acquired	[4]	2002
Year Constructed	[4]	2001
Industrial [Member] | Beltway Crossing II [Member] | Houston [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	415
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	3,222
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	415
Buildings and Improvements	[4]	3,222
Total	[4]	3,637
Accumulated Depreciation	[4]	$ 1,577
Year Acquired	[4]	2005
Year Constructed	[4]	2007
Industrial [Member] | Beltway Crossing III [Member] | Houston [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	460
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	3,331
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	460
Buildings and Improvements	[4]	3,331
Total	[4]	3,791
Accumulated Depreciation	[4]	$ 1,688
Year Acquired	[4]	2005
Year Constructed	[4]	2008
Industrial [Member] | Beltway Crossing IV [Member] | Houston [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	460
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	3,307
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	460
Buildings and Improvements	[4]	3,307
Total	[4]	3,767
Accumulated Depreciation	[4]	$ 1,627
Year Acquired	[4]	2005
Year Constructed	[4]	2008
Industrial [Member] | Beltway Crossing V [Member] | Houston [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	701
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	5,339
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	701
Buildings and Improvements	[4]	5,339
Total	[4]	6,040
Accumulated Depreciation	[4]	$ 2,709
Year Acquired	[4]	2005
Year Constructed	[4]	2008
Industrial [Member] | Beltway Crossing VI [Member] | Houston [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	618
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	6,486
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	618
Buildings and Improvements	[4]	6,486
Total	[4]	7,104
Accumulated Depreciation	[4]	$ 2,681
Year Acquired	[4]	2005
Year Constructed	[4]	2008
Industrial [Member] | Beltway Crossing VII [Member] | Houston [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	765
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	6,217
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	765
Buildings and Improvements	[4]	6,217
Total	[4]	6,982
Accumulated Depreciation	[4]	$ 2,875
Year Acquired	[4]	2005
Year Constructed	[4]	2009
Industrial [Member] | Beltway Crossing VIII [Member] | Houston [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	721
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	5,662
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	721
Buildings and Improvements	[4]	5,662
Total	[4]	6,383
Accumulated Depreciation	[4]	$ 2,572
Year Acquired	[4]	2005
Year Constructed	[4]	2011
Industrial [Member] | Beltway Crossing IX [Member] | Houston [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	418
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	2,141
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	418
Buildings and Improvements	[4]	2,141
Total	[4]	2,559
Accumulated Depreciation	[4]	$ 741
Year Acquired	[4]	2007
Year Constructed	[4]	2012
Industrial [Member] | Beltway Crossing X [Member] | Houston [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	733
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	4,082
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	733
Buildings and Improvements	[4]	4,082
Total	[4]	4,815
Accumulated Depreciation	[4]	$ 1,356
Year Acquired	[4]	2007
Year Constructed	[4]	2012
Industrial [Member] | Beltway Crossing XI [Member] | Houston [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	690
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	4,604
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	690
Buildings and Improvements	[4]	4,604
Total	[4]	5,294
Accumulated Depreciation	[4]	$ 1,310
Year Acquired	[4]	2007
Year Constructed	[4]	2013
Industrial [Member] | West Road I [Member] | Houston [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	621
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	4,103
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	541
Buildings and Improvements	[4]	4,183
Total	[4]	4,724
Accumulated Depreciation	[4]	$ 1,278
Year Acquired	[4]	2012
Year Constructed	[4]	2014
Industrial [Member] | West Road II [Member] | Houston [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	981
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	4,819
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	854
Buildings and Improvements	[4]	4,946
Total	[4]	5,800
Accumulated Depreciation	[4]	$ 1,338
Year Acquired	[4]	2012
Year Constructed	[4]	2014
Industrial [Member] | West Road III [Member] | Houston [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	597
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	4,222
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	520
Buildings and Improvements	[4]	4,299
Total	[4]	4,819
Accumulated Depreciation	[4]	$ 853
Year Acquired	[4]	2012
Year Constructed	[4]	2015
Industrial [Member] | West Road IV [Member] | Houston [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	621
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	4,650
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	541
Buildings and Improvements	[4]	4,730
Total	[4]	5,271
Accumulated Depreciation	[4]	$ 1,352
Year Acquired	[4]	2012
Year Constructed	[4]	2015
Industrial [Member] | West Road 5 [Member] | Houston [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	484
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	4,373
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	421
Buildings and Improvements	[4]	4,436
Total	[4]	4,857
Accumulated Depreciation	[4]	$ 802
Year Acquired	[4]	2012
Year Constructed	[4]	2018
Industrial [Member] | Ten West Crossing 1 [Member] | Houston [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	566
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	3,041
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	566
Buildings and Improvements	[4]	3,041
Total	[4]	3,607
Accumulated Depreciation	[4]	$ 1,035
Year Acquired	[4]	2012
Year Constructed	[4]	2013
Industrial [Member] | Ten West Crossing 2 [Member] | Houston [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	829
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	4,533
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	833
Buildings and Improvements	[4]	4,529
Total	[4]	5,362
Accumulated Depreciation	[4]	$ 1,822
Year Acquired	[4]	2012
Year Constructed	[4]	2013
Industrial [Member] | Ten West Crossing 3 [Member] | Houston [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	609
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	4,565
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	613
Buildings and Improvements	[4]	4,561
Total	[4]	5,174
Accumulated Depreciation	[4]	$ 1,565
Year Acquired	[4]	2012
Year Constructed	[4]	2013
Industrial [Member] | Ten West Crossing 4 [Member] | Houston [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	694
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	4,569
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	699
Buildings and Improvements	[4]	4,564
Total	[4]	5,263
Accumulated Depreciation	[4]	$ 1,599
Year Acquired	[4]	2012
Year Constructed	[4]	2014
Industrial [Member] | Ten West Crossing 5 [Member] | Houston [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	933
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	5,970
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	940
Buildings and Improvements	[4]	5,963
Total	[4]	6,903
Accumulated Depreciation	[4]	$ 1,806
Year Acquired	[4]	2012
Year Constructed	[4]	2014
Industrial [Member] | Ten West Crossing 6 [Member] | Houston [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	640
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	4,733
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	644
Buildings and Improvements	[4]	4,729
Total	[4]	5,373
Accumulated Depreciation	[4]	$ 1,298
Year Acquired	[4]	2012
Year Constructed	[4]	2014
Industrial [Member] | Ten West Crossing 7 [Member] | Houston [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	584
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	5,388
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	589
Buildings and Improvements	[4]	5,383
Total	[4]	5,972
Accumulated Depreciation	[4]	$ 1,428
Year Acquired	[4]	2012
Year Constructed	[4]	2015
Industrial [Member] | Ten West Crossing 8 [Member] | Houston [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	1,126
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	9,449
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	1,135
Buildings and Improvements	[4]	9,440
Total	[4]	10,575
Accumulated Depreciation	[4]	$ 936
Year Acquired	[4]	2012
Year Constructed	[4]	2019
Industrial [Member] | Northwest Crossing 1-3 [Member] | Houston [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	5,665
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	19,082
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	5,665
Buildings and Improvements	[4]	19,082
Total	[4]	24,747
Accumulated Depreciation	[4]	$ 399
Year Acquired	[4]	2019
Year Constructed	[4]	2020
Industrial [Member] | Butterfield Trail [Member] | El Paso [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	0
Buildings and Improvements	[4]	20,725
Costs Capitalized Subsequent to Acquisition	[4]	9,897
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	0
Buildings and Improvements	[4]	30,622
Total	[4]	30,622
Accumulated Depreciation	[4]	$ 22,448
Year Acquired	[4]	1997/2000
Year Constructed	[4]	1987/95
Industrial [Member] | Rojas Commerce Park [Member] | El Paso [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	900
Buildings and Improvements	[4]	3,659
Costs Capitalized Subsequent to Acquisition	[4]	4,059
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	900
Buildings and Improvements	[4]	7,718
Total	[4]	8,618
Accumulated Depreciation	[4]	$ 5,965
Year Acquired	[4]	1999
Year Constructed	[4]	1986
Industrial [Member] | Americas Ten Business Center I [Member] | El Paso [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	526
Buildings and Improvements	[4]	2,778
Costs Capitalized Subsequent to Acquisition	[4]	1,741
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	526
Buildings and Improvements	[4]	4,519
Total	[4]	5,045
Accumulated Depreciation	[4]	$ 2,686
Year Acquired	[4]	2001
Year Constructed	[4]	2003
Industrial [Member] | Alamo Downs Distribution Center [Member] | San Antonio [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	1,342
Buildings and Improvements	[4]	6,338
Costs Capitalized Subsequent to Acquisition	[4]	1,861
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	1,342
Buildings and Improvements	[4]	8,199
Total	[4]	9,541
Accumulated Depreciation	[4]	$ 5,218
Year Acquired	[4]	2004
Year Constructed	[4]	1986/2002
Industrial [Member] | Arion Business Park 1-13, 15 [Member] | San Antonio [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	4,143
Buildings and Improvements	[4]	31,432
Costs Capitalized Subsequent to Acquisition	[4]	10,530
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	4,143
Buildings and Improvements	[4]	41,962
Total	[4]	46,105
Accumulated Depreciation	[4]	$ 23,091
Year Acquired	[4]	2005
Year Constructed	[4]	1988-2000/06
Industrial [Member] | Arion 14 [Member] | San Antonio [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	423
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	4,011
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	423
Buildings and Improvements	[4]	4,011
Total	[4]	4,434
Accumulated Depreciation	[4]	$ 1,911
Year Acquired	[4]	2005
Year Constructed	[4]	2006
Industrial [Member] | Arion 16 [Member] | San Antonio [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	427
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	3,715
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	427
Buildings and Improvements	[4]	3,715
Total	[4]	4,142
Accumulated Depreciation	[4]	$ 1,799
Year Acquired	[4]	2005
Year Constructed	[4]	2007
Industrial [Member] | Arion 17 [Member] | San Antonio [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	616
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	4,413
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	616
Buildings and Improvements	[4]	4,413
Total	[4]	5,029
Accumulated Depreciation	[4]	$ 2,793
Year Acquired	[4]	2005
Year Constructed	[4]	2007
Industrial [Member] | Arion 18 [Member] | San Antonio [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	418
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	2,402
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	418
Buildings and Improvements	[4]	2,402
Total	[4]	2,820
Accumulated Depreciation	[4]	$ 1,274
Year Acquired	[4]	2005
Year Constructed	[4]	2008
Industrial [Member] | Wetmore Business Center 1-4 [Member] | San Antonio [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	1,494
Buildings and Improvements	[4]	10,804
Costs Capitalized Subsequent to Acquisition	[4]	3,919
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	1,494
Buildings and Improvements	[4]	14,723
Total	[4]	16,217
Accumulated Depreciation	[4]	$ 8,857
Year Acquired	[4]	2005
Year Constructed	[4]	1998/99
Industrial [Member] | Wetmore Business Center 5 [Member] | San Antonio [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	412
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	3,870
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	412
Buildings and Improvements	[4]	3,870
Total	[4]	4,282
Accumulated Depreciation	[4]	$ 2,085
Year Acquired	[4]	2006
Year Constructed	[4]	2008
Industrial [Member] | Wetmore Business Center 6 [Member] | San Antonio [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	505
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	4,093
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	505
Buildings and Improvements	[4]	4,093
Total	[4]	4,598
Accumulated Depreciation	[4]	$ 1,946
Year Acquired	[4]	2006
Year Constructed	[4]	2008
Industrial [Member] | Wetmore Business Center 7 [Member] | San Antonio [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	546
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	5,333
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	546
Buildings and Improvements	[4]	5,333
Total	[4]	5,879
Accumulated Depreciation	[4]	$ 2,190
Year Acquired	[4]	2006
Year Constructed	[4]	2008
Industrial [Member] | Wetmore Business Center 8 [Member] | San Antonio [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	1,056
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	8,368
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	1,056
Buildings and Improvements	[4]	8,368
Total	[4]	9,424
Accumulated Depreciation	[4]	$ 4,042
Year Acquired	[4]	2006
Year Constructed	[4]	2008
Industrial [Member] | Fairgrounds Business Park [Member] | San Antonio [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	1,644
Buildings and Improvements	[4]	8,209
Costs Capitalized Subsequent to Acquisition	[4]	2,720
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	1,644
Buildings and Improvements	[4]	10,929
Total	[4]	12,573
Accumulated Depreciation	[4]	$ 6,222
Year Acquired	[4]	2007
Year Constructed	[4]	1985/86
Industrial [Member] | Rittiman Distribution Center [Member] | San Antonio [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	1,083
Buildings and Improvements	[4]	6,649
Costs Capitalized Subsequent to Acquisition	[4]	671
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	1,083
Buildings and Improvements	[4]	7,320
Total	[4]	8,403
Accumulated Depreciation	[4]	$ 2,190
Year Acquired	[4]	2011
Year Constructed	[4]	2000
Industrial [Member] | Thousand Oaks I [Member] | San Antonio [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	607
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	4,954
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	607
Buildings and Improvements	[4]	4,954
Total	[4]	5,561
Accumulated Depreciation	[4]	$ 1,904
Year Acquired	[4]	2008
Year Constructed	[4]	2012
Industrial [Member] | Thousand Oaks 2 [Member] | San Antonio [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	794
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	4,844
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	794
Buildings and Improvements	[4]	4,844
Total	[4]	5,638
Accumulated Depreciation	[4]	$ 1,747
Year Acquired	[4]	2008
Year Constructed	[4]	2012
Industrial [Member] | Thousand Oaks 3 [Member] | San Antonio [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	772
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	4,651
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	772
Buildings and Improvements	[4]	4,651
Total	[4]	5,423
Accumulated Depreciation	[4]	$ 1,645
Year Acquired	[4]	2008
Year Constructed	[4]	2013
Industrial [Member] | Thousand Oaks 4 [Member] | San Antonio [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	753
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	4,752
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	753
Buildings and Improvements	[4]	4,752
Total	[4]	5,505
Accumulated Depreciation	[4]	$ 1,094
Year Acquired	[4]	2013
Year Constructed	[4]	2015
Industrial [Member] | Alamo Ridge I [Member] | San Antonio [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	623
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	8,313
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	623
Buildings and Improvements	[4]	8,313
Total	[4]	8,936
Accumulated Depreciation	[4]	$ 2,757
Year Acquired	[4]	2007
Year Constructed	[4]	2015
Industrial [Member] | Alamo Ridge II [Member] | San Antonio [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	402
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	5,368
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	402
Buildings and Improvements	[4]	5,368
Total	[4]	5,770
Accumulated Depreciation	[4]	$ 1,328
Year Acquired	[4]	2007
Year Constructed	[4]	2015
Industrial [Member] | Alamo Ridge III [Member] | San Antonio [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	907
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	10,144
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	907
Buildings and Improvements	[4]	10,144
Total	[4]	11,051
Accumulated Depreciation	[4]	$ 1,782
Year Acquired	[4]	2007
Year Constructed	[4]	2017
Industrial [Member] | Alamo Ridge IV [Member] | San Antonio [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	354
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	7,480
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	355
Buildings and Improvements	[4]	7,479
Total	[4]	7,834
Accumulated Depreciation	[4]	$ 2,073
Year Acquired	[4]	2007
Year Constructed	[4]	2017
Industrial [Member] | Eisenhauer Point 1 & 2 [Member] | San Antonio [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	1,881
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	14,767
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	1,881
Buildings and Improvements	[4]	14,767
Total	[4]	16,648
Accumulated Depreciation	[4]	$ 3,412
Year Acquired	[4]	2015
Year Constructed	[4]	2016
Industrial [Member] | Eisenhauer Point 3 [Member] | San Antonio [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	577
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	6,125
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	577
Buildings and Improvements	[4]	6,125
Total	[4]	6,702
Accumulated Depreciation	[4]	$ 1,506
Year Acquired	[4]	2015
Year Constructed	[4]	2017
Industrial [Member] | Eisenhauer Point 4 [Member] | San Antonio [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	555
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	4,832
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	555
Buildings and Improvements	[4]	4,832
Total	[4]	5,387
Accumulated Depreciation	[4]	$ 875
Year Acquired	[4]	2015
Year Constructed	[4]	2017
Industrial [Member] | Eisenhauer Point 5 [Member] | San Antonio [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	818
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	7,015
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	818
Buildings and Improvements	[4]	7,015
Total	[4]	7,833
Accumulated Depreciation	[4]	$ 1,438
Year Acquired	[4]	2015
Year Constructed	[4]	2018
Industrial [Member] | Eisenhauer Point 6 [Member] | San Antonio [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	569
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	4,869
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	569
Buildings and Improvements	[4]	4,869
Total	[4]	5,438
Accumulated Depreciation	[4]	$ 568
Year Acquired	[4]	2015
Year Constructed	[4]	2018
Industrial [Member] | Eisenhauer Point 7 & 8 [Member] | San Antonio [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	1,000
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	22,243
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	2,593
Buildings and Improvements	[4]	20,650
Total	[4]	23,243
Accumulated Depreciation	[4]	$ 2,241
Year Acquired	[4]	2016
Year Constructed	[4]	2019
Industrial [Member] | Eisenhauer Point 9 [Member] | San Antonio [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	632
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	5,729
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	632
Buildings and Improvements	[4]	5,729
Total	[4]	6,361
Accumulated Depreciation	[4]	$ 444
Year Acquired	[4]	2016
Year Constructed	[4]	2019
Industrial [Member] | Tri-County Crossing 1 & 2 [Member] | San Antonio [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	1,623
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	14,816
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	1,623
Buildings and Improvements	[4]	14,816
Total	[4]	16,439
Accumulated Depreciation	[4]	$ 1,690
Year Acquired	[4]	2017
Year Constructed	[4]	2019
Industrial [Member] | Tri-County Crossing 3 & 4 [Member] | San Antonio [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	1,733
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	14,442
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	1,733
Buildings and Improvements	[4]	14,442
Total	[4]	16,175
Accumulated Depreciation	[4]	$ 583
Year Acquired	[4]	2017
Year Constructed	[4]	2020
Industrial [Member] | Ridgeview 1 & 2 [Member] | San Antonio [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	2,004
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	18,545
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	2,004
Buildings and Improvements	[4]	18,545
Total	[4]	20,549
Accumulated Depreciation	[4]	$ 368
Year Acquired	[4]	2018
Year Constructed	[4]	2020
Industrial [Member] | Colorado Crossing Distribution Center [Member] | Austin [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	4,602
Buildings and Improvements	[4]	19,757
Costs Capitalized Subsequent to Acquisition	[4]	833
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	4,595
Buildings and Improvements	[4]	20,597
Total	[4]	25,192
Accumulated Depreciation	[4]	$ 7,161
Year Acquired	[4]	2014
Year Constructed	[4]	2009
Industrial [Member] | Greenhill Distribution Center [Member] | Austin [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	802
Buildings and Improvements	[4]	3,273
Costs Capitalized Subsequent to Acquisition	[4]	328
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	802
Buildings and Improvements	[4]	3,601
Total	[4]	4,403
Accumulated Depreciation	[4]	$ 436
Year Acquired	[4]	2018
Year Constructed	[4]	1999
Industrial [Member] | Settlers Crossing 1 [Member] | Austin [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	1,211
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	8,207
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	1,211
Buildings and Improvements	[4]	8,207
Total	[4]	9,418
Accumulated Depreciation	[4]	$ 850
Year Acquired	[4]	2017
Year Constructed	[4]	2019
Industrial [Member] | Settlers Crossing 2 [Member] | Austin [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	1,306
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	7,553
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	1,306
Buildings and Improvements	[4]	7,553
Total	[4]	8,859
Accumulated Depreciation	[4]	$ 1,007
Year Acquired	[4]	2017
Year Constructed	[4]	2019
Industrial [Member] | Settlers Crossing 3 & 4 [Member] | Austin [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	2,774
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	17,221
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	2,774
Buildings and Improvements	[4]	17,221
Total	[4]	19,995
Accumulated Depreciation	[4]	$ 673
Year Acquired	[4]	2017
Year Constructed	[4]	2020
Industrial [Member] | Southpark Corporate Center 3 & 4 [Member] | Austin [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	2,670
Buildings and Improvements	[4]	14,756
Costs Capitalized Subsequent to Acquisition	[4]	1,921
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	2,670
Buildings and Improvements	[4]	16,677
Total	[4]	19,347
Accumulated Depreciation	[4]	$ 4,922
Year Acquired	[4]	2015
Year Constructed	[4]	1995
Industrial [Member] | Southpark Corporate Center 5-7 [Member] | Austin [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	1,301
Buildings and Improvements	[4]	7,589
Costs Capitalized Subsequent to Acquisition	[4]	1,342
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	1,301
Buildings and Improvements	[4]	8,931
Total	[4]	10,232
Accumulated Depreciation	[4]	$ 1,724
Year Acquired	[4]	2017
Year Constructed	[4]	1995
Industrial [Member] | Springdale Business Center [Member] | Austin [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	2,824
Buildings and Improvements	[4]	8,398
Costs Capitalized Subsequent to Acquisition	[4]	723
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	2,824
Buildings and Improvements	[4]	9,121
Total	[4]	11,945
Accumulated Depreciation	[4]	$ 2,287
Year Acquired	[4]	2015
Year Constructed	[4]	2000
Industrial [Member] | Texas Avenue | Austin [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	4,143
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	0
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	4,143
Buildings and Improvements	[4]	0
Total	[4]	4,143
Accumulated Depreciation	[4]	$ 0
Year Acquired	[4]	2021
Year Constructed	[4]	1983
Industrial [Member] | Wells Point One | Austin [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	907
Buildings and Improvements	[4]	4,904
Costs Capitalized Subsequent to Acquisition	[4]	571
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	907
Buildings and Improvements	[4]	5,475
Total	[4]	6,382
Accumulated Depreciation	[4]	$ 587
Year Acquired	[4]	2020
Year Constructed	[4]	2001
Industrial [Member] | Broadway Industrial Park I [Member] | Phoenix [Member] | ARIZONA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	837
Buildings and Improvements	[4]	3,349
Costs Capitalized Subsequent to Acquisition	[4]	2,932
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	837
Buildings and Improvements	[4]	6,281
Total	[4]	7,118
Accumulated Depreciation	[4]	$ 3,755
Year Acquired	[4]	1996
Year Constructed	[4]	1971
Industrial [Member] | Broadway Industrial Park II [Member] | Phoenix [Member] | ARIZONA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	455
Buildings and Improvements	[4]	482
Costs Capitalized Subsequent to Acquisition	[4]	390
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	455
Buildings and Improvements	[4]	872
Total	[4]	1,327
Accumulated Depreciation	[4]	$ 589
Year Acquired	[4]	1999
Year Constructed	[4]	1971
Industrial [Member] | Broadway Industrial Park III [Member] | Phoenix [Member] | ARIZONA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	775
Buildings and Improvements	[4]	1,742
Costs Capitalized Subsequent to Acquisition	[4]	1,054
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	775
Buildings and Improvements	[4]	2,796
Total	[4]	3,571
Accumulated Depreciation	[4]	$ 1,636
Year Acquired	[4]	2000
Year Constructed	[4]	1983
Industrial [Member] | Broadway Industrial Park IV [Member] | Phoenix [Member] | ARIZONA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	380
Buildings and Improvements	[4]	1,652
Costs Capitalized Subsequent to Acquisition	[4]	1,163
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	380
Buildings and Improvements	[4]	2,815
Total	[4]	3,195
Accumulated Depreciation	[4]	$ 1,841
Year Acquired	[4]	2000
Year Constructed	[4]	1986
Industrial [Member] | Broadway Industrial Park V [Member] | Phoenix [Member] | ARIZONA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	353
Buildings and Improvements	[4]	1,090
Costs Capitalized Subsequent to Acquisition	[4]	871
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	353
Buildings and Improvements	[4]	1,961
Total	[4]	2,314
Accumulated Depreciation	[4]	$ 1,112
Year Acquired	[4]	2002
Year Constructed	[4]	1980
Industrial [Member] | Broadway Industrial Park VI [Member] | Phoenix [Member] | ARIZONA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	599
Buildings and Improvements	[4]	1,855
Costs Capitalized Subsequent to Acquisition	[4]	913
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	599
Buildings and Improvements	[4]	2,768
Total	[4]	3,367
Accumulated Depreciation	[4]	$ 1,901
Year Acquired	[4]	2002
Year Constructed	[4]	1979
Industrial [Member] | Broadway Industrial Park VII [Member] | Phoenix [Member] | ARIZONA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	450
Buildings and Improvements	[4]	650
Costs Capitalized Subsequent to Acquisition	[4]	298
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	450
Buildings and Improvements	[4]	948
Total	[4]	1,398
Accumulated Depreciation	[4]	$ 376
Year Acquired	[4]	2011
Year Constructed	[4]	1999
Industrial [Member] | Kyrene Distribution Center [Member] | Phoenix [Member] | ARIZONA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	1,490
Buildings and Improvements	[4]	4,453
Costs Capitalized Subsequent to Acquisition	[4]	2,206
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	1,490
Buildings and Improvements	[4]	6,659
Total	[4]	8,149
Accumulated Depreciation	[4]	$ 4,588
Year Acquired	[4]	1999
Year Constructed	[4]	1981/2001
Industrial [Member] | Falcon Field [Member] | Phoenix [Member] | ARIZONA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	1,312
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	8,010
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	1,312
Buildings and Improvements	[4]	8,010
Total	[4]	9,322
Accumulated Depreciation	[4]	$ 1,044
Year Acquired	[4]	2015
Year Constructed	[4]	2018
Industrial [Member] | Southpark Distribution Center [Member] | Phoenix [Member] | ARIZONA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	918
Buildings and Improvements	[4]	2,738
Costs Capitalized Subsequent to Acquisition	[4]	2,005
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	918
Buildings and Improvements	[4]	4,743
Total	[4]	5,661
Accumulated Depreciation	[4]	$ 3,014
Year Acquired	[4]	2001
Year Constructed	[4]	2000
Industrial [Member] | Southpark Distribution Center 2 | Phoenix [Member] | ARIZONA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	1,785
Buildings and Improvements	[4]	6,882
Costs Capitalized Subsequent to Acquisition	[4]	1,017
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	1,785
Buildings and Improvements	[4]	7,899
Total	[4]	9,684
Accumulated Depreciation	[4]	$ 142
Year Acquired	[4]	2021
Year Constructed	[4]	1995
Industrial [Member] | Santan 10 Distribution Center I [Member] | Phoenix [Member] | ARIZONA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	846
Buildings and Improvements	[4]	2,647
Costs Capitalized Subsequent to Acquisition	[4]	711
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	846
Buildings and Improvements	[4]	3,358
Total	[4]	4,204
Accumulated Depreciation	[4]	$ 1,883
Year Acquired	[4]	2001
Year Constructed	[4]	2005
Industrial [Member] | Santan 10 Distribution Center II [Member] | Phoenix [Member] | ARIZONA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	1,088
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	5,498
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	1,088
Buildings and Improvements	[4]	5,498
Total	[4]	6,586
Accumulated Depreciation	[4]	$ 2,760
Year Acquired	[4]	2004
Year Constructed	[4]	2007
Industrial [Member] | Chandler Freeways [Member] | Phoenix [Member] | ARIZONA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	1,525
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	7,381
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	1,525
Buildings and Improvements	[4]	7,381
Total	[4]	8,906
Accumulated Depreciation	[4]	$ 2,280
Year Acquired	[4]	2012
Year Constructed	[4]	2013
Industrial [Member] | Kyrene 202 I [Member] | Phoenix [Member] | ARIZONA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	653
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	5,820
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	653
Buildings and Improvements	[4]	5,820
Total	[4]	6,473
Accumulated Depreciation	[4]	$ 1,437
Year Acquired	[4]	2011
Year Constructed	[4]	2014
Industrial [Member] | Kyrene 202 II [Member] | Phoenix [Member] | ARIZONA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	387
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	3,414
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	387
Buildings and Improvements	[4]	3,414
Total	[4]	3,801
Accumulated Depreciation	[4]	$ 836
Year Acquired	[4]	2011
Year Constructed	[4]	2014
Industrial [Member] | Kyrene 202 III, IV & V [Member] | Phoenix [Member] | ARIZONA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	1,244
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	11,878
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	1,244
Buildings and Improvements	[4]	11,878
Total	[4]	13,122
Accumulated Depreciation	[4]	$ 1,638
Year Acquired	[4]	2011
Year Constructed	[4]	2018
Industrial [Member] | Kyrene 202 VI [Member] | Phoenix [Member] | ARIZONA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	936
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	8,344
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	936
Buildings and Improvements	[4]	8,344
Total	[4]	9,280
Accumulated Depreciation	[4]	$ 1,983
Year Acquired	[4]	2011
Year Constructed	[4]	2015
Industrial [Member] | 51st Avenue Distribution Center [Member] | Phoenix [Member] | ARIZONA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	300
Buildings and Improvements	[4]	2,029
Costs Capitalized Subsequent to Acquisition	[4]	1,261
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	300
Buildings and Improvements	[4]	3,290
Total	[4]	3,590
Accumulated Depreciation	[4]	$ 2,414
Year Acquired	[4]	1998
Year Constructed	[4]	1987
Industrial [Member] | East University Distribution Center I and II [Member] | Phoenix [Member] | ARIZONA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	1,120
Buildings and Improvements	[4]	4,482
Costs Capitalized Subsequent to Acquisition	[4]	2,046
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	1,120
Buildings and Improvements	[4]	6,528
Total	[4]	7,648
Accumulated Depreciation	[4]	$ 5,164
Year Acquired	[4]	1998
Year Constructed	[4]	1987/89
Industrial [Member] | East University Distribution Center III [Member] | Phoenix [Member] | ARIZONA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	444
Buildings and Improvements	[4]	698
Costs Capitalized Subsequent to Acquisition	[4]	461
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	444
Buildings and Improvements	[4]	1,159
Total	[4]	1,603
Accumulated Depreciation	[4]	$ 611
Year Acquired	[4]	2010
Year Constructed	[4]	1981
Industrial [Member] | 55th Avenue Distribution Center [Member] | Phoenix [Member] | ARIZONA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	912
Buildings and Improvements	[4]	3,717
Costs Capitalized Subsequent to Acquisition	[4]	1,543
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	917
Buildings and Improvements	[4]	5,255
Total	[4]	6,172
Accumulated Depreciation	[4]	$ 4,042
Year Acquired	[4]	1998
Year Constructed	[4]	1987
Industrial [Member] | Interstate Commons Dist Ctr I [Member] | Phoenix [Member] | ARIZONA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	311
Buildings and Improvements	[4]	1,416
Costs Capitalized Subsequent to Acquisition	[4]	1,164
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	311
Buildings and Improvements	[4]	2,580
Total	[4]	2,891
Accumulated Depreciation	[4]	$ 1,721
Year Acquired	[4]	1999
Year Constructed	[4]	1988
Industrial [Member] | Interstate Commons II [Member] | Phoenix [Member] | ARIZONA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	2,298
Buildings and Improvements	[4]	7,088
Costs Capitalized Subsequent to Acquisition	[4]	2,958
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	2,298
Buildings and Improvements	[4]	10,046
Total	[4]	12,344
Accumulated Depreciation	[4]	$ 632
Year Acquired	[4]	2019
Year Constructed	[4]	1988/2001
Industrial [Member] | Interstate Commons Dist Ctr III [Member] | Phoenix [Member] | ARIZONA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	242
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	3,112
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	242
Buildings and Improvements	[4]	3,112
Total	[4]	3,354
Accumulated Depreciation	[4]	$ 1,382
Year Acquired	[4]	2000
Year Constructed	[4]	2008
Industrial [Member] | Airport Commons Distribution Center [Member] | Phoenix [Member] | ARIZONA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	1,000
Buildings and Improvements	[4]	1,510
Costs Capitalized Subsequent to Acquisition	[4]	1,780
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	1,000
Buildings and Improvements	[4]	3,290
Total	[4]	4,290
Accumulated Depreciation	[4]	$ 2,435
Year Acquired	[4]	2003
Year Constructed	[4]	1971
Industrial [Member] | 40th Avenue Distribution Center [Member] | Phoenix [Member] | ARIZONA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	703
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	6,278
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	703
Buildings and Improvements	[4]	6,278
Total	[4]	6,981
Accumulated Depreciation	[4]	$ 2,677
Year Acquired	[4]	2004
Year Constructed	[4]	2008
Industrial [Member] | Sky Harbor Business Park [Member] | Phoenix [Member] | ARIZONA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	5,839
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	22,051
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	5,839
Buildings and Improvements	[4]	22,051
Total	[4]	27,890
Accumulated Depreciation	[4]	$ 9,542
Year Acquired	[4]	2006
Year Constructed	[4]	2008
Industrial [Member] | Sky Harbor Business Park 6 [Member] | Phoenix [Member] | ARIZONA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	807
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	2,142
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	807
Buildings and Improvements	[4]	2,142
Total	[4]	2,949
Accumulated Depreciation	[4]	$ 483
Year Acquired	[4]	2014
Year Constructed	[4]	2015
Industrial [Member] | Ten Sky Harbor [Member] | Phoenix [Member] | ARIZONA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	1,568
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	5,132
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	1,569
Buildings and Improvements	[4]	5,131
Total	[4]	6,700
Accumulated Depreciation	[4]	$ 1,074
Year Acquired	[4]	2015
Year Constructed	[4]	2016
Industrial [Member] | Gilbert Crossroads A & B [Member] | Phoenix [Member] | ARIZONA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	2,825
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	14,145
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	2,825
Buildings and Improvements	[4]	14,145
Total	[4]	16,970
Accumulated Depreciation	[4]	$ 966
Year Acquired	[4]	2018
Year Constructed	[4]	2020
Industrial [Member] | Gilbert Crossroads C & D [Member] | Phoenix [Member] | ARIZONA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	3,602
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	19,417
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	3,602
Buildings and Improvements	[4]	19,417
Total	[4]	23,019
Accumulated Depreciation	[4]	$ 154
Year Acquired	[4]	2018
Year Constructed	[4]	2021
Industrial [Member] | Country Club I [Member] | Tucson [Member] | ARIZONA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	506
Buildings and Improvements	[4]	3,564
Costs Capitalized Subsequent to Acquisition	[4]	4,526
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	693
Buildings and Improvements	[4]	7,903
Total	[4]	8,596
Accumulated Depreciation	[4]	$ 3,979
Year Acquired	[4]	1997/2003
Year Constructed	[4]	1994/2003
Industrial [Member] | Country Club II [Member] | Tucson [Member] | ARIZONA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	442
Buildings and Improvements	[4]	3,381
Costs Capitalized Subsequent to Acquisition	[4]	1,065
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	709
Buildings and Improvements	[4]	4,179
Total	[4]	4,888
Accumulated Depreciation	[4]	$ 1,702
Year Acquired	[4]	2007
Year Constructed	[4]	2000
Industrial [Member] | Country Club III and IV [Member] | Tucson [Member] | ARIZONA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	1,407
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	12,286
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	1,575
Buildings and Improvements	[4]	12,118
Total	[4]	13,693
Accumulated Depreciation	[4]	$ 5,568
Year Acquired	[4]	2007
Year Constructed	[4]	2009
Industrial [Member] | Country Club V [Member] | Tucson [Member] | ARIZONA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	2,885
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	21,438
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	2,886
Buildings and Improvements	[4]	21,437
Total	[4]	24,323
Accumulated Depreciation	[4]	$ 2,396
Year Acquired	[4]	2016
Year Constructed	[4]	2018
Industrial [Member] | Airport Distribution Center [Member] | Tucson [Member] | ARIZONA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	1,403
Buildings and Improvements	[4]	4,672
Costs Capitalized Subsequent to Acquisition	[4]	1,834
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	1,403
Buildings and Improvements	[4]	6,506
Total	[4]	7,909
Accumulated Depreciation	[4]	$ 4,480
Year Acquired	[4]	1998/2000
Year Constructed	[4]	1995
Industrial [Member] | Benan Distribution Center [Member] | Tucson [Member] | ARIZONA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	707
Buildings and Improvements	[4]	1,842
Costs Capitalized Subsequent to Acquisition	[4]	751
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	707
Buildings and Improvements	[4]	2,593
Total	[4]	3,300
Accumulated Depreciation	[4]	$ 1,657
Year Acquired	[4]	2005
Year Constructed	[4]	2001
Industrial [Member] | NorthPark Business Park [Member] | Charlotte [Member] | NORTH CAROLINA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	2,758
Buildings and Improvements	[4]	15,932
Costs Capitalized Subsequent to Acquisition	[4]	5,517
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	2,758
Buildings and Improvements	[4]	21,449
Total	[4]	24,207
Accumulated Depreciation	[4]	$ 12,146
Year Acquired	[4]	2006
Year Constructed	[4]	1987-89
Industrial [Member] | Lindbergh Business Park [Member] | Charlotte [Member] | NORTH CAROLINA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	470
Buildings and Improvements	[4]	3,401
Costs Capitalized Subsequent to Acquisition	[4]	872
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	470
Buildings and Improvements	[4]	4,273
Total	[4]	4,743
Accumulated Depreciation	[4]	$ 2,145
Year Acquired	[4]	2007
Year Constructed	[4]	2001/03
Industrial [Member] | Commerce Park I [Member] | Charlotte [Member] | NORTH CAROLINA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	765
Buildings and Improvements	[4]	4,303
Costs Capitalized Subsequent to Acquisition	[4]	1,072
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	765
Buildings and Improvements	[4]	5,375
Total	[4]	6,140
Accumulated Depreciation	[4]	$ 2,722
Year Acquired	[4]	2007
Year Constructed	[4]	1983
Industrial [Member] | Commerce Park Center II [Member] | Charlotte [Member] | NORTH CAROLINA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	335
Buildings and Improvements	[4]	1,603
Costs Capitalized Subsequent to Acquisition	[4]	415
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	335
Buildings and Improvements	[4]	2,018
Total	[4]	2,353
Accumulated Depreciation	[4]	$ 894
Year Acquired	[4]	2010
Year Constructed	[4]	1987
Industrial [Member] | Commerce Park III [Member] | Charlotte [Member] | NORTH CAROLINA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	558
Buildings and Improvements	[4]	2,225
Costs Capitalized Subsequent to Acquisition	[4]	1,214
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	558
Buildings and Improvements	[4]	3,439
Total	[4]	3,997
Accumulated Depreciation	[4]	$ 1,502
Year Acquired	[4]	2010
Year Constructed	[4]	1981
Industrial [Member] | Nations Ford Business Park [Member] | Charlotte [Member] | NORTH CAROLINA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	3,924
Buildings and Improvements	[4]	16,171
Costs Capitalized Subsequent to Acquisition	[4]	5,473
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	3,924
Buildings and Improvements	[4]	21,644
Total	[4]	25,568
Accumulated Depreciation	[4]	$ 11,713
Year Acquired	[4]	2007
Year Constructed	[4]	1989/94
Industrial [Member] | Airport Commerce Center III [Member] | Charlotte [Member] | NORTH CAROLINA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	855
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	8,045
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	855
Buildings and Improvements	[4]	8,045
Total	[4]	8,900
Accumulated Depreciation	[4]	$ 960
Year Acquired	[4]	2008
Year Constructed	[4]	2019
Industrial [Member] | Interchange Park I [Member] | Charlotte [Member] | NORTH CAROLINA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	986
Buildings and Improvements	[4]	7,949
Costs Capitalized Subsequent to Acquisition	[4]	795
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	986
Buildings and Improvements	[4]	8,744
Total	[4]	9,730
Accumulated Depreciation	[4]	$ 3,690
Year Acquired	[4]	2008
Year Constructed	[4]	1989
Industrial [Member] | Interchange Park II [Member] | Charlotte [Member] | NORTH CAROLINA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	746
Buildings and Improvements	[4]	1,456
Costs Capitalized Subsequent to Acquisition	[4]	409
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	746
Buildings and Improvements	[4]	1,865
Total	[4]	2,611
Accumulated Depreciation	[4]	$ 468
Year Acquired	[4]	2013
Year Constructed	[4]	2000
Industrial [Member] | Ridge Creek Distribution Center I [Member] | Charlotte [Member] | NORTH CAROLINA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	1,284
Buildings and Improvements	[4]	13,163
Costs Capitalized Subsequent to Acquisition	[4]	1,226
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	1,284
Buildings and Improvements	[4]	14,389
Total	[4]	15,673
Accumulated Depreciation	[4]	$ 5,666
Year Acquired	[4]	2008
Year Constructed	[4]	2006
Industrial [Member] | Ridge Creek Distribution Center II [Member] | Charlotte [Member] | NORTH CAROLINA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	3,033
Buildings and Improvements	[4]	11,497
Costs Capitalized Subsequent to Acquisition	[4]	2,180
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	3,033
Buildings and Improvements	[4]	13,677
Total	[4]	16,710
Accumulated Depreciation	[4]	$ 4,687
Year Acquired	[4]	2011
Year Constructed	[4]	2003
Industrial [Member] | Ridge Creek Distribution Center III [Member] | Charlotte [Member] | NORTH CAROLINA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	2,459
Buildings and Improvements	[4]	11,147
Costs Capitalized Subsequent to Acquisition	[4]	793
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	2,459
Buildings and Improvements	[4]	11,940
Total	[4]	14,399
Accumulated Depreciation	[4]	$ 2,912
Year Acquired	[4]	2014
Year Constructed	[4]	2013
Industrial [Member] | Lakeview Business [Member] | Charlotte [Member] | NORTH CAROLINA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	1,392
Buildings and Improvements	[4]	5,068
Costs Capitalized Subsequent to Acquisition	[4]	1,237
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	1,392
Buildings and Improvements	[4]	6,305
Total	[4]	7,697
Accumulated Depreciation	[4]	$ 2,324
Year Acquired	[4]	2011
Year Constructed	[4]	1996
Industrial [Member] | Steele Creek I [Member] | Charlotte [Member] | NORTH CAROLINA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	993
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	4,372
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	1,010
Buildings and Improvements	[4]	4,355
Total	[4]	5,365
Accumulated Depreciation	[4]	$ 1,595
Year Acquired	[4]	2013
Year Constructed	[4]	2014
Industrial [Member] | Steele Creek II [Member] | Charlotte [Member] | NORTH CAROLINA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	941
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	4,771
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	957
Buildings and Improvements	[4]	4,755
Total	[4]	5,712
Accumulated Depreciation	[4]	$ 1,529
Year Acquired	[4]	2013
Year Constructed	[4]	2014
Industrial [Member] | Steele Creek III [Member] | Charlotte [Member] | NORTH CAROLINA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	1,464
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	6,609
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	1,469
Buildings and Improvements	[4]	6,604
Total	[4]	8,073
Accumulated Depreciation	[4]	$ 1,988
Year Acquired	[4]	2013
Year Constructed	[4]	2014
Industrial [Member] | Steele Creek IV [Member] | Charlotte [Member] | NORTH CAROLINA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	684
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	4,040
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	687
Buildings and Improvements	[4]	4,037
Total	[4]	4,724
Accumulated Depreciation	[4]	$ 1,244
Year Acquired	[4]	2013
Year Constructed	[4]	2015
Industrial [Member] | Steele Creek V [Member] | Charlotte [Member] | NORTH CAROLINA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	610
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	5,239
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	631
Buildings and Improvements	[4]	5,218
Total	[4]	5,849
Accumulated Depreciation	[4]	$ 508
Year Acquired	[4]	2013/14/15
Year Constructed	[4]	2019
Industrial [Member] | Steele Creek VI [Member] | Charlotte [Member] | NORTH CAROLINA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	867
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	7,149
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	919
Buildings and Improvements	[4]	7,097
Total	[4]	8,016
Accumulated Depreciation	[4]	$ 1,520
Year Acquired	[4]	2013/14
Year Constructed	[4]	2016
Industrial [Member] | Steele Creek VII [Member] | Charlotte [Member] | NORTH CAROLINA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	1,207
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	8,001
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	1,253
Buildings and Improvements	[4]	7,955
Total	[4]	9,208
Accumulated Depreciation	[4]	$ 1,312
Year Acquired	[4]	2013/14/15
Year Constructed	[4]	2017
Industrial [Member] | Steele Creek IX [Member] | Charlotte [Member] | NORTH CAROLINA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	949
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	10,191
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	1,090
Buildings and Improvements	[4]	10,050
Total	[4]	11,140
Accumulated Depreciation	[4]	$ 771
Year Acquired	[4]	2016
Year Constructed	[4]	2019
Industrial [Member] | Steele Creek X | Charlotte [Member] | NORTH CAROLINA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	1,221
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	9,822
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	1,509
Buildings and Improvements	[4]	9,534
Total	[4]	11,043
Accumulated Depreciation	[4]	$ 26
Year Acquired	[4]	2016
Year Constructed	[4]	2021
Industrial [Member] | Waterford Distribution Center [Member] | Charlotte [Member] | NORTH CAROLINA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	654
Buildings and Improvements	[4]	3,392
Costs Capitalized Subsequent to Acquisition	[4]	989
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	654
Buildings and Improvements	[4]	4,381
Total	[4]	5,035
Accumulated Depreciation	[4]	$ 1,848
Year Acquired	[4]	2008
Year Constructed	[4]	2000
Industrial [Member] | 385 Business Park [Member] | Greenville [Member] | SOUTH CAROLINA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	1,308
Buildings and Improvements	[4]	10,822
Costs Capitalized Subsequent to Acquisition	[4]	529
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	1,308
Buildings and Improvements	[4]	11,351
Total	[4]	12,659
Accumulated Depreciation	[4]	$ 1,137
Year Acquired	[4]	2019
Year Constructed	[4]	2019
Industrial [Member] | Shiloh 400 I & II [Member] | Atlanta [Member] | GEORGIA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	3,092
Buildings and Improvements	[4]	14,216
Costs Capitalized Subsequent to Acquisition	[4]	2,538
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	3,064
Buildings and Improvements	[4]	16,782
Total	[4]	19,846
Accumulated Depreciation	[4]	$ 3,570
Year Acquired	[4]	2017
Year Constructed	[4]	2008
Industrial [Member] | Broadmoor Commerce Park I [Member] | Atlanta [Member] | GEORGIA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	1,307
Buildings and Improvements	[4]	3,560
Costs Capitalized Subsequent to Acquisition	[4]	1,298
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	1,307
Buildings and Improvements	[4]	4,858
Total	[4]	6,165
Accumulated Depreciation	[4]	$ 1,149
Year Acquired	[4]	2017
Year Constructed	[4]	1999
Industrial [Member] | Broadmoor Commerce Park II [Member] | Atlanta [Member] | GEORGIA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	519
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	7,392
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	519
Buildings and Improvements	[4]	7,392
Total	[4]	7,911
Accumulated Depreciation	[4]	$ 793
Year Acquired	[4]	2017
Year Constructed	[4]	2018
Industrial [Member] | Hurricane Shoals I & II [Member] | Atlanta [Member] | GEORGIA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	4,284
Buildings and Improvements	[4]	12,449
Costs Capitalized Subsequent to Acquisition	[4]	4,157
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	4,284
Buildings and Improvements	[4]	16,606
Total	[4]	20,890
Accumulated Depreciation	[4]	$ 2,630
Year Acquired	[4]	2017
Year Constructed	[4]	2017
Industrial [Member] | Hurricane Shoals 3 [Member] | Atlanta [Member] | GEORGIA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	497
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	9,834
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	644
Buildings and Improvements	[4]	9,687
Total	[4]	10,331
Accumulated Depreciation	[4]	$ 290
Year Acquired	[4]	2017
Year Constructed	[4]	2020
Industrial [Member] | Progress Center 1 & 2 [Member] | Atlanta [Member] | GEORGIA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	1,297
Buildings and Improvements	[4]	9,015
Costs Capitalized Subsequent to Acquisition	[4]	332
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	1,297
Buildings and Improvements	[4]	9,347
Total	[4]	10,644
Accumulated Depreciation	[4]	$ 1,995
Year Acquired	[4]	2017
Year Constructed	[4]	2017
Industrial [Member] | Progress Center 3 | Atlanta [Member] | GEORGIA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	465
Buildings and Improvements	[4]	4,285
Costs Capitalized Subsequent to Acquisition	[4]	0
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	465
Buildings and Improvements	[4]	4,285
Total	[4]	4,750
Accumulated Depreciation	[4]	$ 44
Year Acquired	[4]	2021
Year Constructed	[4]	2008
Industrial [Member] | Gwinnett 316 [Member] | Atlanta [Member] | GEORGIA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	531
Buildings and Improvements	[4]	3,617
Costs Capitalized Subsequent to Acquisition	[4]	21
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	531
Buildings and Improvements	[4]	3,638
Total	[4]	4,169
Accumulated Depreciation	[4]	$ 384
Year Acquired	[4]	2018
Year Constructed	[4]	1990
Industrial [Member] | Cherokee 75 Business Center I | Atlanta [Member] | GEORGIA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	1,183
Buildings and Improvements	[4]	6,727
Costs Capitalized Subsequent to Acquisition	[4]	(3)
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	1,183
Buildings and Improvements	[4]	6,724
Total	[4]	7,907
Accumulated Depreciation	[4]	$ 274
Year Acquired	[4]	2020
Year Constructed	[4]	2020
Industrial [Member] | Cherokee 75 Business Center 2 | Atlanta [Member] | GEORGIA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	1,336
Buildings and Improvements	[4]	7,495
Costs Capitalized Subsequent to Acquisition	[4]	481
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	1,337
Buildings and Improvements	[4]	7,975
Total	[4]	9,312
Accumulated Depreciation	[4]	$ 110
Year Acquired	[4]	2021
Year Constructed	[4]	2021
Industrial [Member] | Northpoint 200 [Member] | Atlanta [Member] | GEORGIA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	1,102
Buildings and Improvements	[4]	5,140
Costs Capitalized Subsequent to Acquisition	[4]	648
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	1,104
Buildings and Improvements	[4]	5,786
Total	[4]	6,890
Accumulated Depreciation	[4]	$ 225
Year Acquired	[4]	2021
Year Constructed	[4]	2021
Industrial [Member] | Elmwood Business Park [Member] | New Orleans [Member] | LOUISIANA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	2,861
Buildings and Improvements	[4]	6,337
Costs Capitalized Subsequent to Acquisition	[4]	6,528
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	2,861
Buildings and Improvements	[4]	12,865
Total	[4]	15,726
Accumulated Depreciation	[4]	$ 9,659
Year Acquired	[4]	1997
Year Constructed	[4]	1979
Industrial [Member] | Riverbend Business Park [Member] | New Orleans [Member] | LOUISIANA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	2,557
Buildings and Improvements	[4]	17,623
Costs Capitalized Subsequent to Acquisition	[4]	10,306
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	2,557
Buildings and Improvements	[4]	27,929
Total	[4]	30,486
Accumulated Depreciation	[4]	$ 19,097
Year Acquired	[4]	1997
Year Constructed	[4]	1984
Industrial [Member] | Airways Business Center [Member] | Denver [Member] | COLORADO
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	6,137
Buildings and Improvements	[4]	39,637
Costs Capitalized Subsequent to Acquisition	[4]	1,203
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	6,137
Buildings and Improvements	[4]	40,840
Total	[4]	46,977
Accumulated Depreciation	[4]	$ 3,396
Year Acquired	[4]	2019
Year Constructed	[4]	2007/08
Industrial [Member] | Rampart Distribution Center I [Member] | Denver [Member] | COLORADO
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	1,023
Buildings and Improvements	[4]	3,861
Costs Capitalized Subsequent to Acquisition	[4]	2,545
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	1,023
Buildings and Improvements	[4]	6,406
Total	[4]	7,429
Accumulated Depreciation	[4]	$ 5,420
Year Acquired	[4]	1988
Year Constructed	[4]	1987
Industrial [Member] | Rampart Distribution Center II [Member] | Denver [Member] | COLORADO
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	230
Buildings and Improvements	[4]	2,977
Costs Capitalized Subsequent to Acquisition	[4]	1,660
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	230
Buildings and Improvements	[4]	4,637
Total	[4]	4,867
Accumulated Depreciation	[4]	$ 3,550
Year Acquired	[4]	1996/97
Year Constructed	[4]	1997
Industrial [Member] | Rampart Distribution Center III [Member] | Denver [Member] | COLORADO
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	1,098
Buildings and Improvements	[4]	3,884
Costs Capitalized Subsequent to Acquisition	[4]	2,881
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	1,098
Buildings and Improvements	[4]	6,765
Total	[4]	7,863
Accumulated Depreciation	[4]	$ 4,270
Year Acquired	[4]	1997/98
Year Constructed	[4]	1999
Industrial [Member] | Rampart Distribution Center IV [Member] | Denver [Member] | COLORADO
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	590
Buildings and Improvements	[4]	0
Costs Capitalized Subsequent to Acquisition	[4]	8,340
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	590
Buildings and Improvements	[4]	8,340
Total	[4]	8,930
Accumulated Depreciation	[4]	$ 1,991
Year Acquired	[4]	2012
Year Constructed	[4]	2014
Industrial [Member] | Concord Distribution Center [Member] | Denver [Member] | COLORADO
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	1,051
Buildings and Improvements	[4]	4,773
Costs Capitalized Subsequent to Acquisition	[4]	1,062
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	1,051
Buildings and Improvements	[4]	5,835
Total	[4]	6,886
Accumulated Depreciation	[4]	$ 2,650
Year Acquired	[4]	2007
Year Constructed	[4]	2000
Industrial [Member] | Centennial Park [Member] | Denver [Member] | COLORADO
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	750
Buildings and Improvements	[4]	3,319
Costs Capitalized Subsequent to Acquisition	[4]	2,169
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	750
Buildings and Improvements	[4]	5,488
Total	[4]	6,238
Accumulated Depreciation	[4]	$ 2,426
Year Acquired	[4]	2007
Year Constructed	[4]	1990
Industrial [Member] | Arville Distribution Center [Member] | Las Vegas [Member] | NEVADA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	4,933
Buildings and Improvements	[4]	5,094
Costs Capitalized Subsequent to Acquisition	[4]	825
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	4,933
Buildings and Improvements	[4]	5,919
Total	[4]	10,852
Accumulated Depreciation	[4]	$ 2,401
Year Acquired	[4]	2009
Year Constructed	[4]	1997
Industrial [Member] | Jones Corporate Park [Member] | Las Vegas [Member] | NEVADA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	13,068
Buildings and Improvements	[4]	26,325
Costs Capitalized Subsequent to Acquisition	[4]	1,942
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	13,068
Buildings and Improvements	[4]	28,267
Total	[4]	41,335
Accumulated Depreciation	[4]	$ 4,701
Year Acquired	[4]	2016
Year Constructed	[4]	2016
Industrial [Member] | Southwest Commerce Center [Member] | Las Vegas [Member] | NEVADA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	9,008
Buildings and Improvements	[4]	16,576
Costs Capitalized Subsequent to Acquisition	[4]	4,203
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	9,008
Buildings and Improvements	[4]	20,779
Total	[4]	29,787
Accumulated Depreciation	[4]	$ 1,210
Year Acquired	[4]	2019
Year Constructed	[4]	2019
Industrial [Member] | Interchange Business Park [Member] | Jackson [Member] | MISSISSIPPI
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	343
Buildings and Improvements	[4]	5,007
Costs Capitalized Subsequent to Acquisition	[4]	5,378
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	343
Buildings and Improvements	[4]	10,385
Total	[4]	10,728
Accumulated Depreciation	[4]	$ 7,255
Year Acquired	[4]	1997
Year Constructed	[4]	1981
Industrial [Member] | Tower Automotive [Member] | Jackson [Member] | MISSISSIPPI
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	0
Buildings and Improvements	[4]	9,958
Costs Capitalized Subsequent to Acquisition	[4]	1,959
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	17
Buildings and Improvements	[4]	11,900
Total	[4]	11,917
Accumulated Depreciation	[4]	$ 6,242
Year Acquired	[4]	2001
Year Constructed	[4]	2002
Industrial [Member] | Metro Airport Commerce Center I [Member] | Jackson [Member] | MISSISSIPPI
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[4]	$ 0
Initial Cost to the Company [Abstract]
Land	[4]	303
Buildings and Improvements	[4]	1,479
Costs Capitalized Subsequent to Acquisition	[4]	1,282
Gross Amount at which Carried at Close of Period [Abstract]
Land	[4]	303
Buildings and Improvements	[4]	2,761
Total	[4]	3,064
Accumulated Depreciation	[4]	$ 1,804
Year Acquired	[4]	2001
Year Constructed	[4]	2003
Industrial Development [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances		$ 0
Initial Cost to the Company [Abstract]
Land		195,151
Buildings and Improvements		120,071
Costs Capitalized Subsequent to Acquisition		189,392
Gross Amount at which Carried at Close of Period [Abstract]
Land		195,076
Buildings and Improvements		309,538
Total		504,614
Accumulated Depreciation		519
Industrial Development [Member] | Siempre Viva 3-6 | CALIFORNIA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[5]	0
Initial Cost to the Company [Abstract]
Land	[5]	31,815
Buildings and Improvements	[5]	100,861
Costs Capitalized Subsequent to Acquisition	[5]	12
Gross Amount at which Carried at Close of Period [Abstract]
Land	[5]	31,816
Buildings and Improvements	[5]	100,872
Total	[5]	132,688
Accumulated Depreciation	[5]	$ 255
Year Acquired	[5]	2021
Year Constructed	[5]	2001-2003
Industrial Development [Member] | Speed Distribution Center | CALIFORNIA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[5]	$ 0
Initial Cost to the Company [Abstract]
Land	[5]	15,282
Buildings and Improvements	[5]	0
Costs Capitalized Subsequent to Acquisition	[5]	52,536
Gross Amount at which Carried at Close of Period [Abstract]
Land	[5]	15,290
Buildings and Improvements	[5]	52,528
Total	[5]	67,818
Accumulated Depreciation	[5]	$ 0
Year Acquired	[5]	2019
Year Constructed	[5]	n/a
Industrial Development [Member] | SunCoast Commerce Center 12 | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[5]	$ 0
Initial Cost to the Company [Abstract]
Land	[5]	1,552
Buildings and Improvements	[5]	0
Costs Capitalized Subsequent to Acquisition	[5]	2,626
Gross Amount at which Carried at Close of Period [Abstract]
Land	[5]	785
Buildings and Improvements	[5]	3,393
Total	[5]	4,178
Accumulated Depreciation	[5]	$ 0
Year Acquired	[5]	2020
Year Constructed	[5]	n/a
Industrial Development [Member] | Suncoast Commerce Center Land | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[5]	$ 0
Initial Cost to the Company [Abstract]
Land	[5]	4,995
Buildings and Improvements	[5]	0
Costs Capitalized Subsequent to Acquisition	[5]	3,303
Gross Amount at which Carried at Close of Period [Abstract]
Land	[5]	5,845
Buildings and Improvements	[5]	2,453
Total	[5]	8,298
Accumulated Depreciation	[5]	$ 0
Year Acquired	[5]	2020
Year Constructed	[5]	n/a
Industrial Development [Member] | Gateway Commerce Park 3 | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[5]	$ 0
Initial Cost to the Company [Abstract]
Land	[5]	5,491
Buildings and Improvements	[5]	0
Costs Capitalized Subsequent to Acquisition	[5]	7,675
Gross Amount at which Carried at Close of Period [Abstract]
Land	[5]	3,176
Buildings and Improvements	[5]	9,990
Total	[5]	13,166
Accumulated Depreciation	[5]	$ 0
Year Acquired	[5]	2016
Year Constructed	[5]	n/a
Industrial Development [Member] | Gateway Commerce Park Land [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[5]	$ 0
Initial Cost to the Company [Abstract]
Land	[5]	5,574
Buildings and Improvements	[5]	0
Costs Capitalized Subsequent to Acquisition	[5]	8,757
Gross Amount at which Carried at Close of Period [Abstract]
Land	[5]	7,889
Buildings and Improvements	[5]	6,442
Total	[5]	14,331
Accumulated Depreciation	[5]	$ 0
Year Acquired	[5]	2016
Year Constructed	[5]	n/a
Industrial Development [Member] | Horizon Commerce Park Land [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[5]	$ 0
Initial Cost to the Company [Abstract]
Land	[5]	650
Buildings and Improvements	[5]	0
Costs Capitalized Subsequent to Acquisition	[5]	426
Gross Amount at which Carried at Close of Period [Abstract]
Land	[5]	650
Buildings and Improvements	[5]	426
Total	[5]	1,076
Accumulated Depreciation	[5]	$ 0
Year Acquired	[5]	2008/09
Year Constructed	[5]	n/a
Industrial Development [Member] | Horizon West 2 & 3 | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[5]	$ 0
Initial Cost to the Company [Abstract]
Land	[5]	2,895
Buildings and Improvements	[5]	0
Costs Capitalized Subsequent to Acquisition	[5]	14,295
Gross Amount at which Carried at Close of Period [Abstract]
Land	[5]	2,895
Buildings and Improvements	[5]	14,295
Total	[5]	17,190
Accumulated Depreciation	[5]	$ 10
Year Acquired	[5]	2020
Year Constructed	[5]	2021
Industrial Development [Member] | Horizon West Land [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[5]	$ 0
Initial Cost to the Company [Abstract]
Land	[5]	17,633
Buildings and Improvements	[5]	0
Costs Capitalized Subsequent to Acquisition	[5]	7,529
Gross Amount at which Carried at Close of Period [Abstract]
Land	[5]	17,635
Buildings and Improvements	[5]	7,527
Total	[5]	25,162
Accumulated Depreciation	[5]	$ 0
Year Acquired	[5]	2020
Year Constructed	[5]	n/a
Industrial Development [Member] | Grand Oaks 75 3 | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[5]	$ 0
Initial Cost to the Company [Abstract]
Land	[5]	1,767
Buildings and Improvements	[5]	0
Costs Capitalized Subsequent to Acquisition	[5]	8,425
Gross Amount at which Carried at Close of Period [Abstract]
Land	[5]	1,770
Buildings and Improvements	[5]	8,422
Total	[5]	10,192
Accumulated Depreciation	[5]	$ 42
Year Acquired	[5]	2019
Year Constructed	[5]	2021
Industrial Development [Member] | Grand Oaks 75 4 | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[5]	$ 0
Initial Cost to the Company [Abstract]
Land	[5]	2,334
Buildings and Improvements	[5]	0
Costs Capitalized Subsequent to Acquisition	[5]	4,044
Gross Amount at which Carried at Close of Period [Abstract]
Land	[5]	2,338
Buildings and Improvements	[5]	4,040
Total	[5]	6,378
Accumulated Depreciation	[5]	$ 0
Year Acquired	[5]	2019
Year Constructed	[5]	n/a
Industrial Development [Member] | Oak Creek Distribution Center Land [Member] | FLORIDA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[5]	$ 0
Initial Cost to the Company [Abstract]
Land	[5]	106
Buildings and Improvements	[5]	0
Costs Capitalized Subsequent to Acquisition	[5]	719
Gross Amount at which Carried at Close of Period [Abstract]
Land	[5]	352
Buildings and Improvements	[5]	473
Total	[5]	825
Accumulated Depreciation	[5]	$ 0
Year Acquired	[5]	2005
Year Constructed	[5]	n/a
Industrial Development [Member] | 45 Crossing Land | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[5]	$ 0
Initial Cost to the Company [Abstract]
Land	[5]	10,028
Buildings and Improvements	[5]	0
Costs Capitalized Subsequent to Acquisition	[5]	7,032
Gross Amount at which Carried at Close of Period [Abstract]
Land	[5]	10,028
Buildings and Improvements	[5]	7,032
Total	[5]	17,060
Accumulated Depreciation	[5]	$ 0
Year Acquired	[5]	2021
Year Constructed	[5]	n/a
Industrial Development [Member] | Arlington Tech Centre Land [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[5]	$ 0
Initial Cost to the Company [Abstract]
Land	[5]	1,725
Buildings and Improvements	[5]	0
Costs Capitalized Subsequent to Acquisition	[5]	255
Gross Amount at which Carried at Close of Period [Abstract]
Land	[5]	1,725
Buildings and Improvements	[5]	255
Total	[5]	1,980
Accumulated Depreciation	[5]	$ 0
Year Acquired	[5]	2020
Year Constructed	[5]	n/a
Industrial Development [Member] | Stonefield 35 Land | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[5]	$ 0
Initial Cost to the Company [Abstract]
Land	[5]	6,031
Buildings and Improvements	[5]	0
Costs Capitalized Subsequent to Acquisition	[5]	400
Gross Amount at which Carried at Close of Period [Abstract]
Land	[5]	6,031
Buildings and Improvements	[5]	400
Total	[5]	6,431
Accumulated Depreciation	[5]	$ 0
Year Acquired	[5]	2021
Year Constructed	[5]	n/a
Industrial Development [Member] | Basswood 1 & 2 | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[5]	$ 0
Initial Cost to the Company [Abstract]
Land	[5]	4,086
Buildings and Improvements	[5]	0
Costs Capitalized Subsequent to Acquisition	[5]	11,143
Gross Amount at which Carried at Close of Period [Abstract]
Land	[5]	4,087
Buildings and Improvements	[5]	11,142
Total	[5]	15,229
Accumulated Depreciation	[5]	$ 0
Year Acquired	[5]	2019
Year Constructed	[5]	n/a
Industrial Development [Member] | Basswood Land [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[5]	$ 0
Initial Cost to the Company [Abstract]
Land	[5]	11,680
Buildings and Improvements	[5]	0
Costs Capitalized Subsequent to Acquisition	[5]	1,667
Gross Amount at which Carried at Close of Period [Abstract]
Land	[5]	11,681
Buildings and Improvements	[5]	1,666
Total	[5]	13,347
Accumulated Depreciation	[5]	$ 0
Year Acquired	[5]	2019
Year Constructed	[5]	n/a
Industrial Development [Member] | Creekview 9 & 10 | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[5]	$ 0
Initial Cost to the Company [Abstract]
Land	[5]	3,985
Buildings and Improvements	[5]	0
Costs Capitalized Subsequent to Acquisition	[5]	7,351
Gross Amount at which Carried at Close of Period [Abstract]
Land	[5]	3,987
Buildings and Improvements	[5]	7,349
Total	[5]	11,336
Accumulated Depreciation	[5]	$ 0
Year Acquired	[5]	2020
Year Constructed	[5]	n/a
Industrial Development [Member] | LakePort 4 & 5 [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[5]	$ 0
Initial Cost to the Company [Abstract]
Land	[5]	2,716
Buildings and Improvements	[5]	0
Costs Capitalized Subsequent to Acquisition	[5]	5,222
Gross Amount at which Carried at Close of Period [Abstract]
Land	[5]	2,716
Buildings and Improvements	[5]	5,222
Total	[5]	7,938
Accumulated Depreciation	[5]	$ 0
Year Acquired	[5]	2018
Year Constructed	[5]	n/a
Industrial Development [Member] | McKinney 3 & 4 | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[5]	$ 0
Initial Cost to the Company [Abstract]
Land	[5]	6,767
Buildings and Improvements	[5]	0
Costs Capitalized Subsequent to Acquisition	[5]	3,671
Gross Amount at which Carried at Close of Period [Abstract]
Land	[5]	4,228
Buildings and Improvements	[5]	6,210
Total	[5]	10,438
Accumulated Depreciation	[5]	$ 0
Year Acquired	[5]	2020
Year Constructed	[5]	n/a
Industrial Development [Member] | McKinney Land | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[5]	$ 0
Initial Cost to the Company [Abstract]
Land	[5]	5,472
Buildings and Improvements	[5]	0
Costs Capitalized Subsequent to Acquisition	[5]	2,926
Gross Amount at which Carried at Close of Period [Abstract]
Land	[5]	8,012
Buildings and Improvements	[5]	386
Total	[5]	8,398
Accumulated Depreciation	[5]	$ 0
Year Acquired	[5]	2020
Year Constructed	[5]	n/a
Industrial Development [Member] | Grand West Crossing 1 | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[5]	$ 0
Initial Cost to the Company [Abstract]
Land	[5]	2,733
Buildings and Improvements	[5]	0
Costs Capitalized Subsequent to Acquisition	[5]	6,136
Gross Amount at which Carried at Close of Period [Abstract]
Land	[5]	2,726
Buildings and Improvements	[5]	6,143
Total	[5]	8,869
Accumulated Depreciation	[5]	$ 0
Year Acquired	[5]	2019
Year Constructed	[5]	n/a
Industrial Development [Member] | Grand West Crossing Land [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[5]	$ 0
Initial Cost to the Company [Abstract]
Land	[5]	6,024
Buildings and Improvements	[5]	0
Costs Capitalized Subsequent to Acquisition	[5]	1,631
Gross Amount at which Carried at Close of Period [Abstract]
Land	[5]	6,024
Buildings and Improvements	[5]	1,631
Total	[5]	7,655
Accumulated Depreciation	[5]	$ 0
Year Acquired	[5]	2019
Year Constructed	[5]	n/a
Industrial Development [Member] | Lee Road Land [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[5]	$ 0
Initial Cost to the Company [Abstract]
Land	[5]	2,689
Buildings and Improvements	[5]	0
Costs Capitalized Subsequent to Acquisition	[5]	(1)
Gross Amount at which Carried at Close of Period [Abstract]
Land	[5]	1,960
Buildings and Improvements	[5]	728
Total	[5]	2,688
Accumulated Depreciation	[5]	$ 0
Year Acquired	[5]	2007
Year Constructed	[5]	n/a
Industrial Development [Member] | Springwood Business Park Land | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[5]	$ 0
Initial Cost to the Company [Abstract]
Land	[5]	6,208
Buildings and Improvements	[5]	0
Costs Capitalized Subsequent to Acquisition	[5]	153
Gross Amount at which Carried at Close of Period [Abstract]
Land	[5]	6,208
Buildings and Improvements	[5]	153
Total	[5]	6,361
Accumulated Depreciation	[5]	$ 0
Year Acquired	[5]	2021
Year Constructed	[5]	n/a
Industrial Development [Member] | World Houston Int'l Business Ctr Land - 2011 expansion | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[5]	$ 0
Initial Cost to the Company [Abstract]
Land	[5]	1,636
Buildings and Improvements	[5]	0
Costs Capitalized Subsequent to Acquisition	[5]	1,898
Gross Amount at which Carried at Close of Period [Abstract]
Land	[5]	1,824
Buildings and Improvements	[5]	1,710
Total	[5]	3,534
Accumulated Depreciation	[5]	$ 0
Year Acquired	[5]	2011
Year Constructed	[5]	n/a
Industrial Development [Member] | World Houston Int'l Business Center land - 2015 expansion [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[5]	$ 0
Initial Cost to the Company [Abstract]
Land	[5]	2,798
Buildings and Improvements	[5]	0
Costs Capitalized Subsequent to Acquisition	[5]	1,797
Gross Amount at which Carried at Close of Period [Abstract]
Land	[5]	2,798
Buildings and Improvements	[5]	1,797
Total	[5]	4,595
Accumulated Depreciation	[5]	$ 0
Year Acquired	[5]	2015
Year Constructed	[5]	n/a
Industrial Development [Member] | Americas Ten 2 | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[5]	$ 0
Initial Cost to the Company [Abstract]
Land	[5]	2,516
Buildings and Improvements	[5]	0
Costs Capitalized Subsequent to Acquisition	[5]	6,584
Gross Amount at which Carried at Close of Period [Abstract]
Land	[5]	2,518
Buildings and Improvements	[5]	6,582
Total	[5]	9,100
Accumulated Depreciation	[5]	$ 0
Year Acquired	[5]	2020
Year Constructed	[5]	n/a
Industrial Development [Member] | Ridgeview 3 [Member] | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[5]	$ 0
Initial Cost to the Company [Abstract]
Land	[5]	839
Buildings and Improvements	[5]	0
Costs Capitalized Subsequent to Acquisition	[5]	4,965
Gross Amount at which Carried at Close of Period [Abstract]
Land	[5]	839
Buildings and Improvements	[5]	4,965
Total	[5]	5,804
Accumulated Depreciation	[5]	$ 0
Year Acquired	[5]	2018
Year Constructed	[5]	n/a
Industrial Development [Member] | Ridgeview Land | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[5]	$ 0
Initial Cost to the Company [Abstract]
Land	[5]	430
Buildings and Improvements	[5]	0
Costs Capitalized Subsequent to Acquisition	[5]	288
Gross Amount at which Carried at Close of Period [Abstract]
Land	[5]	430
Buildings and Improvements	[5]	288
Total	[5]	718
Accumulated Depreciation	[5]	$ 0
Year Acquired	[5]	2018
Year Constructed	[5]	n/a
Industrial Development [Member] | Tri-County Crossing 5 | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[5]	$ 0
Initial Cost to the Company [Abstract]
Land	[5]	871
Buildings and Improvements	[5]	0
Costs Capitalized Subsequent to Acquisition	[5]	4,729
Gross Amount at which Carried at Close of Period [Abstract]
Land	[5]	871
Buildings and Improvements	[5]	4,729
Total	[5]	5,600
Accumulated Depreciation	[5]	$ 0
Year Acquired	[5]	2017
Year Constructed	[5]	n/a
Industrial Development [Member] | Tri-County Crossing 6 | TEXAS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[5]	$ 0
Initial Cost to the Company [Abstract]
Land	[5]	1,033
Buildings and Improvements	[5]	0
Costs Capitalized Subsequent to Acquisition	[5]	2,749
Gross Amount at which Carried at Close of Period [Abstract]
Land	[5]	1,033
Buildings and Improvements	[5]	2,749
Total	[5]	3,782
Accumulated Depreciation	[5]	$ 0
Year Acquired	[5]	2017
Year Constructed	[5]	n/a
Industrial Development [Member] | Skyway Logistics Park Land | NORTH CAROLINA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[5]	$ 0
Initial Cost to the Company [Abstract]
Land	[5]	12,038
Buildings and Improvements	[5]	0
Costs Capitalized Subsequent to Acquisition	[5]	210
Gross Amount at which Carried at Close of Period [Abstract]
Land	[5]	12,038
Buildings and Improvements	[5]	210
Total	[5]	12,248
Accumulated Depreciation	[5]	$ 0
Year Acquired	[5]	2021
Year Constructed	[5]	n/a
Industrial Development [Member] | Steele Creek 8 | NORTH CAROLINA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[5]	$ 0
Initial Cost to the Company [Abstract]
Land	[5]	544
Buildings and Improvements	[5]	0
Costs Capitalized Subsequent to Acquisition	[5]	2,184
Gross Amount at which Carried at Close of Period [Abstract]
Land	[5]	673
Buildings and Improvements	[5]	2,055
Total	[5]	2,728
Accumulated Depreciation	[5]	$ 0
Year Acquired	[5]	2016/17
Year Constructed	[5]	n/a
Industrial Development [Member] | Steele Creek Land [Member] | NORTH CAROLINA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[5]	$ 0
Initial Cost to the Company [Abstract]
Land	[5]	1,866
Buildings and Improvements	[5]	0
Costs Capitalized Subsequent to Acquisition	[5]	990
Gross Amount at which Carried at Close of Period [Abstract]
Land	[5]	1,866
Buildings and Improvements	[5]	990
Total	[5]	2,856
Accumulated Depreciation	[5]	$ 0
Year Acquired	[5]	2016/17
Year Constructed	[5]	n/a
Industrial Development [Member] | Access Point 1 | SOUTH CAROLINA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[5]	$ 0
Initial Cost to the Company [Abstract]
Land	[5]	884
Buildings and Improvements	[5]	9,606
Costs Capitalized Subsequent to Acquisition	[5]	2,032
Gross Amount at which Carried at Close of Period [Abstract]
Land	[5]	893
Buildings and Improvements	[5]	11,629
Total	[5]	12,522
Accumulated Depreciation	[5]	$ 198
Year Acquired	[5]	2021
Year Constructed	[5]	2021
Industrial Development [Member] | Access Point 2 | SOUTH CAROLINA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[5]	$ 0
Initial Cost to the Company [Abstract]
Land	[5]	1,010
Buildings and Improvements	[5]	9,604
Costs Capitalized Subsequent to Acquisition	[5]	1,017
Gross Amount at which Carried at Close of Period [Abstract]
Land	[5]	1,012
Buildings and Improvements	[5]	10,619
Total	[5]	11,631
Accumulated Depreciation	[5]	$ 14
Year Acquired	[5]	2021
Year Constructed	[5]	2021
Industrial Development [Member] | Hillside Land | SOUTH CAROLINA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[5]	$ 0
Initial Cost to the Company [Abstract]
Land	[5]	1,593
Buildings and Improvements	[5]	0
Costs Capitalized Subsequent to Acquisition	[5]	143
Gross Amount at which Carried at Close of Period [Abstract]
Land	[5]	1,595
Buildings and Improvements	[5]	141
Total	[5]	1,736
Accumulated Depreciation	[5]	$ 0
Year Acquired	[5]	2021
Year Constructed	[5]	n/a
Industrial Development [Member] | I-20 West Business Center | GEORGIA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[5]	$ 0
Initial Cost to the Company [Abstract]
Land	[5]	1,670
Buildings and Improvements	[5]	0
Costs Capitalized Subsequent to Acquisition	[5]	1,294
Gross Amount at which Carried at Close of Period [Abstract]
Land	[5]	1,647
Buildings and Improvements	[5]	1,317
Total	[5]	2,964
Accumulated Depreciation	[5]	$ 0
Year Acquired	[5]	2021
Year Constructed	[5]	n/a
Industrial Development [Member] | Cass White Land | GEORGIA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[5]	$ 0
Initial Cost to the Company [Abstract]
Land	[5]	2,923
Buildings and Improvements	[5]	0
Costs Capitalized Subsequent to Acquisition	[5]	134
Gross Amount at which Carried at Close of Period [Abstract]
Land	[5]	2,923
Buildings and Improvements	[5]	134
Total	[5]	3,057
Accumulated Depreciation	[5]	$ 0
Year Acquired	[5]	2021
Year Constructed	[5]	n/a
Industrial Development [Member] | Riverside Parkway Land | GEORGIA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[5]	$ 0
Initial Cost to the Company [Abstract]
Land	[5]	1,955
Buildings and Improvements	[5]	0
Costs Capitalized Subsequent to Acquisition	[5]	46
Gross Amount at which Carried at Close of Period [Abstract]
Land	[5]	1,955
Buildings and Improvements	[5]	46
Total	[5]	2,001
Accumulated Depreciation	[5]	$ 0
Year Acquired	[5]	2021
Year Constructed	[5]	n/a
Industrial Development [Member] | Metro Airport Commerce Center 2 Land [Member] | MISSISSIPPI
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[5]	$ 0
Initial Cost to the Company [Abstract]
Land	[5]	307
Buildings and Improvements	[5]	0
Costs Capitalized Subsequent to Acquisition	[5]	399
Gross Amount at which Carried at Close of Period [Abstract]
Land	[5]	307
Buildings and Improvements	[5]	399
Total	[5]	706
Accumulated Depreciation	[5]	$ 0
Year Acquired	[5]	2001
Year Constructed	[5]	n/a
[1]	Changes in Real Estate Properties and Development and Value-Add Properties follow: Years Ended December 31, 2021 2020 2019 (In thousands) Balance at beginning of year $ 3,519,085 3,264,566 2,817,145 Purchases of real estate properties 104,205 46,240 135,033 Development of real estate properties and value-add properties 415,260 195,446 318,288 Improvements to real estate properties 36,692 33,522 37,558 Right-of-use assets, net – ground leases 11,562 (924) 11,997 Real estate assets held for sale (18,233) — — Carrying amount of investments sold (15,288) (17,182) (51,662) Write-off of improvements (1,958) (2,583) (3,793) Balance at end of year (1) $ 4,051,325 3,519,085 3,264,566 (1) Includes noncontrolling interest in joint ventures of $1,379,000, $852,000 and $3,148,000 at December 31, 2021, 2020 and 2019, respectively. Changes in the accumulated depreciation on real estate properties follow: Years Ended December 31, 2021 2020 2019 (In thousands) Balance at beginning of year $ 955,328 871,139 814,915 Depreciation expense 104,910 96,290 86,590 Real estate assets held for sale (12,538) — — Accumulated depreciation on assets sold (10,178) (9,599) (27,030) Other (1,905) (2,502) (3,336) Balance at end of year $ 1,035,617 955,328 871,139
[2]	The estimated aggregate cost of real estate properties at December 31, 2021 for federal income tax purposes was approximately $3,974,390,000 before estimated accumulated tax depreciation of $749,711,000.  The federal income tax return for the year ended December 31, 2021, has not been filed and accordingly, this estimate is based on preliminary data.
[3]	Includes noncontrolling interest in joint ventures of $1,379,000, $852,000 and $3,148,000 at December 31, 2021, 2020 and 2019, respectively.
[4]	The Company computes depreciation using the straight-line method over the estimated useful lives of the buildings (generally 40 years) and improvements (generally 3 to 15 years).
[5]	The Company transfers properties from the development and value-add program to Real estate properties as follows: (i) for development properties, at the earlier of 90% occupancy or one year after completion of the shell construction, and (ii) for value-add properties, at the earlier of 90% occupancy or one year after acquisition. Upon the earlier of 90% occupancy or one year after completion of the shell construction, capitalization of development costs, including interest expense, property taxes and internal personnel costs, ceases and depreciation commences on the entire property (excluding the land).

SCHEDULE III (Details2)

SCHEDULE III (Details2) - USD ($)		12 Months Ended
		Dec. 31, 2021		Dec. 31, 2020	Dec. 31, 2019
Reconciliation of Carrying Amount of Real Estate Investments [Roll Forward]
Balance at beginning of year	[1]	$ 3,519,085,000		$ 3,264,566,000	$ 2,817,145,000
Purchases of real estate properties		104,205,000		46,240,000	135,033,000
Development of real estate properties		415,260,000		195,446,000	318,288,000
Improvements to real estate properties		36,692,000		33,522,000	37,558,000
Right-of-use asset, net - ground leases		11,562,000		(924,000)	11,997,000
SEC Schedule 12-29, Real Estate Companies, Investment in real estate, real estate held for sale		(18,233,000)		0	0
Carrying amount of investments sold		(15,288,000)		(17,182,000)	(51,662,000)
Write-off of improvements		(1,958,000)		(2,583,000)	(3,793,000)
Balance at end of year	[1]	4,051,325,000	[2],[3]	3,519,085,000	3,264,566,000
Noncontrolling Interests		1,379,000		852,000	3,148,000
Reconciliation of Real Estate Accumulated Depreciation [Roll Forward]
Balance at beginning of year		955,328,000		871,139,000	814,915,000
Depreciation expense		104,910,000		96,290,000	86,590,000
Real estate assets held for sale		(12,538,000)		0	0
Accumulated depreciation on assets sold		(10,178,000)		(9,599,000)	(27,030,000)
Other		(1,905,000)		(2,502,000)	(3,336,000)
Balance at end of year		1,035,617,000	[2],[3]	$ 955,328,000	$ 871,139,000
Estimated aggregate cost of real estate properties for federal income tax purposes		3,974,390,000
Estimated accumulated tax depreciation		$ 749,711,000
Buildings [Member]
Reconciliation of Real Estate Accumulated Depreciation [Roll Forward]
Estimated useful life (in years)		40 years
Minimum [Member] | Improvements and Personal Property [Member]
Reconciliation of Real Estate Accumulated Depreciation [Roll Forward]
Estimated useful life (in years)		3 years
Maximum [Member] | Improvements and Personal Property [Member]
Reconciliation of Real Estate Accumulated Depreciation [Roll Forward]
Estimated useful life (in years)		15 years
Industrial Development [Member]
Reconciliation of Carrying Amount of Real Estate Investments [Roll Forward]
Balance at end of year		$ 504,614,000
Reconciliation of Real Estate Accumulated Depreciation [Roll Forward]
Balance at end of year		$ 519,000
Development properties [Member]
Reconciliation of Real Estate Accumulated Depreciation [Roll Forward]
Percentage of Occupation when property transfers from the development and value-add program to real estate properties		90.00%
Value-add properties [Member]
Reconciliation of Real Estate Accumulated Depreciation [Roll Forward]
Percentage of Occupation when property transfers from the development and value-add program to real estate properties		90.00%
Development and value-add properties [Member]
Reconciliation of Real Estate Accumulated Depreciation [Roll Forward]
Percentage of Occupation When Costs Ceased Being Capitalized for development and value-add properties		90.00%
[1]	Includes noncontrolling interest in joint ventures of $1,379,000, $852,000 and $3,148,000 at December 31, 2021, 2020 and 2019, respectively.
[2]	Changes in Real Estate Properties and Development and Value-Add Properties follow: Years Ended December 31, 2021 2020 2019 (In thousands) Balance at beginning of year $ 3,519,085 3,264,566 2,817,145 Purchases of real estate properties 104,205 46,240 135,033 Development of real estate properties and value-add properties 415,260 195,446 318,288 Improvements to real estate properties 36,692 33,522 37,558 Right-of-use assets, net – ground leases 11,562 (924) 11,997 Real estate assets held for sale (18,233) — — Carrying amount of investments sold (15,288) (17,182) (51,662) Write-off of improvements (1,958) (2,583) (3,793) Balance at end of year (1) $ 4,051,325 3,519,085 3,264,566 (1) Includes noncontrolling interest in joint ventures of $1,379,000, $852,000 and $3,148,000 at December 31, 2021, 2020 and 2019, respectively. Changes in the accumulated depreciation on real estate properties follow: Years Ended December 31, 2021 2020 2019 (In thousands) Balance at beginning of year $ 955,328 871,139 814,915 Depreciation expense 104,910 96,290 86,590 Real estate assets held for sale (12,538) — — Accumulated depreciation on assets sold (10,178) (9,599) (27,030) Other (1,905) (2,502) (3,336) Balance at end of year $ 1,035,617 955,328 871,139
[3]	The estimated aggregate cost of real estate properties at December 31, 2021 for federal income tax purposes was approximately $3,974,390,000 before estimated accumulated tax depreciation of $749,711,000.  The federal income tax return for the year ended December 31, 2021, has not been filed and accordingly, this estimate is based on preliminary data.