EARNINGS PER SHARE

12 Months Ended

Dec. 31, 2011

EARNINGS PER SHARE [Abstract]

EARNINGS PER SHARE

(13)  EARNINGS PER SHARE

The Company applies ASC 260, Earnings Per Share, which requires companies to present basic EPS and diluted EPS.  Reconciliation of the numerators and denominators in the basic and diluted EPS computations is as follows:

Reconciliation of Numerators and Denominators

	2011	2010	2009
	(In thousands)
BASIC EPS COMPUTATION FOR NET INCOME ATTRIBUTABLE TO EASTGROUP PROPERTIES, INC. COMMON STOCKHOLDERS
Numerator - net income attributable to common stockholders	$    22,359	18,325	26,659
Denominator - weighted average shares outstanding	26,897	26,752	25,590
DILUTED EPS COMPUTATION FOR NET INCOME ATTRIBUTABLE TO EASTGROUP PROPERTIES, INC. COMMON STOCKHOLDERS
Numerator - net income attributable to common stockholders	$    22,359	18,325	26,659
Denominator:
Weighted average shares outstanding	26,897	26,752	25,590
Common stock options	6	11	19
Nonvested restricted stock	68	61	81
Total Shares	26,971	26,824	25,690