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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
REVENUES      
Income from real estate operations $ 174,484 $ 173,002 $ 172,273
Other income 147 124 81
Revenues 174,631 173,126 172,354
EXPENSES      
Expenses from real estate operations 49,411 51,142 50,259
Depreciation and amortization 57,451 58,350 53,953
General and administrative 10,691 10,260 8,894
Acquisition costs 252 72 177
Expenses 117,805 119,824 113,283
OPERATING INCOME 56,826 53,302 59,071
OTHER INCOME (EXPENSE)      
Equity in earnings of unconsolidated investment 347 335 320
Gain on sales of non-operating real estate 36 37 31
Other expense 0 (84) 0
Interest income 334 336 302
Interest expense (34,709) (35,171) (32,520)
INCOME FROM CONTINUING OPERATIONS 22,834 18,755 27,204
DISCONTINUED OPERATIONS      
Loss from real estate operations 0 0 (139)
Gain on sales of real estate investments 0 0 29
LOSS FROM DISCONTINUED OPERATIONS 0 0 (110)
NET INCOME 22,834 18,755 27,094
Net income attributable to noncontrolling interest in joint ventures (475) (430) (435)
NET INCOME ATTRIBUTABLE TO EASTGROUP PROPERTIES, INC. COMMON STOCKHOLDERS 22,359 18,325 26,659
Income from continuing operations 22,359 18,325 26,769
Loss from discontinued operations 0 0 (110)
BASIC PER COMMON SHARE DATA FOR NET INCOME ATTRIBUTABLE TO EASTGROUP PROPERTIES, INC. COMMON STOCKHOLDERS      
Net income attributable to common stockholders $ 0.83 $ 0.68 $ 1.04
Weighted average shares outstanding (in shares) 26,897 26,752 25,590
DILUTED PER COMMON SHARE DATA FOR NET INCOME ATTRIBUTABLE TO EASTGROUP PROPERTIES, INC. COMMON STOCKHOLDERS      
Net income attributable to common stockholders $ 0.83 $ 0.68 $ 1.04
Weighted average shares outstanding 26,971 26,824 25,690
AMOUNTS ATTRIBUTABLE TO EASTGROUP PROPERTIES, INC. COMMON STOCKHOLDERS 22,359 18,325 26,659
Income from continuing operations 22,359 18,325 26,769
Loss from discontinued operations $ 0 $ 0 $ (110)