EARNINGS PER SHARE (Tables)

9 Months Ended

Sep. 30, 2011

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

	Three Months Ended September 30,		Nine Months Ended September 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	$ 5,670	4,023	15,954	13,403
Denominator - weighted average shares outstanding	26,839	26,758	26,823	26,747
DILUTED EPS COMPUTATION FOR NET INCOME ATTRIBUTABLE TO EASTGROUP PROPERTIES, INC.
COMMON STOCKHOLDERS
Numerator - net income attributable to common stockholders	$ 5,670	4,023	15,954	13,403
Denominator:
Weighted average shares outstanding	26,839	26,758	26,823	26,747
Common stock options	5	9	7	11
Nonvested restricted stock	70	61	64	52
Total Shares	26,914	26,828	26,894	26,810