EARNINGS PER SHARE (Tables)

6 Months Ended

Jun. 30, 2011

Reconciliation of the numerators and denominators in the basic and diluted EPS computations is as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
	2011		2010		2011		2010
	(In thousands)
BASIC EPS COMPUTATION FOR NET INCOME ATTRIBUTABLE TO EASTGROUP PROPERTIES, INC. COMMON STOCKHOLDERS
Numerator - net income attributable to common stockholders	$	5,492		4,477		10,284		9,380
Denominator - weighted average shares outstanding		26,820		26,748		26,815		26,741
DILUTED EPS COMPUTATION FOR NET INCOME ATTRIBUTABLE TO EASTGROUP PROPERTIES, INC. COMMON STOCKHOLDERS
Numerator - net income attributable to common stockholders	$	5,492		4,477		10,284		9,380
Denominator:
Weighted average shares outstanding		26,820		26,748		26,815		26,741
Common stock options		7		12		7		13
Nonvested restricted stock		70		55		62		48
Total Shares		26,897		26,815		26,884		26,802