XML 15 R4.htm IDEA: XBRL DOCUMENT v2.3.0.15
CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
REVENUES    
Income from real estate operations$ 43,942$ 43,118$ 130,441$ 131,077
Other income202064108
Revenues43,96243,138130,505131,185
EXPENSES    
Expenses from real estate operations12,62813,17637,66339,745
Depreciation and amortization14,43714,64842,79044,071
General and administrative2,5512,5218,1277,603
Acquisition costs5505572
Expenses29,67130,34588,63591,491
OPERATING INCOME14,29112,79341,87039,694
OTHER INCOME (EXPENSE)    
Equity in earnings of unconsolidated investment8784260251
Gain on sales of non-operating real estate992728
Interest income8485251252
Interest expense(8,680)(8,845)(26,100)(26,515)
NET INCOME5,7914,12616,30813,710
Net income attributable to noncontrolling interest in joint ventures(121)(103)(354)(307)
NET INCOME ATTRIBUTABLE TO EASTGROUP PROPERTIES, INC. COMMON STOCKHOLDERS$ 5,670$ 4,023$ 15,954$ 13,403
BASIC PER COMMON SHARE DATA FOR NET INCOME ATTRIBUTABLE TO EASTGROUP PROPERTIES, INC. COMMON STOCKHOLDERS    
Net income attributable to common stockholders$ 0.21$ 0.15$ 0.59$ 0.50
Weighted average shares outstanding26,83926,75826,82326,747
DILUTED PER COMMON SHARE DATA FOR NET INCOME ATTRIBUTABLE TO EASTGROUP PROPERTIES, INC. COMMON STOCKHOLDERS    
Net income attributable to common stockholders$ 0.21$ 0.15$ 0.59$ 0.50
Weighted average shares outstanding26,91426,82826,89426,810