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CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME - Unaudited (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
REVENUES        
Income from real estate operations $ 46,458 $ 43,127 $ 93,095 $ 86,297
Other income 14 21 28 44
Revenues 46,472 43,148 93,123 86,341
EXPENSES        
Expenses from real estate operations 13,400 12,523 26,444 24,920
Depreciation and amortization 15,541 14,017 31,381 28,204
General and administrative 2,536 2,607 5,652 5,576
Acquisition costs 0 0 19 0
Expenses 31,477 29,147 63,496 58,700
OPERATING INCOME 14,995 14,001 29,627 27,641
OTHER INCOME (EXPENSE)        
Interest expense (8,977) (8,542) (18,418) (17,420)
Other 172 180 343 358
INCOME FROM CONTINUING OPERATIONS 6,190 5,639 11,552 10,579
DISCONTINUED OPERATIONS        
Income (loss) from real estate operations 25 (24) 17 (62)
Gain on sales of nondepreciable real estate investments, net of tax 0 0 167 0
Gain on sales of real estate investments 1,869 0 1,869 0
INCOME (LOSS) FROM DISCONTINUED OPERATIONS 1,894 (24) 2,053 (62)
NET INCOME 8,084 5,615 13,605 10,517
Net income attributable to noncontrolling interest in joint ventures (111) (123) (230) (233)
NET INCOME ATTRIBUTABLE TO EASTGROUP PROPERTIES, INC. COMMON STOCKHOLDERS 7,973 5,492 13,375 10,284
Other comprehensive income 0 0 0 0
TOTAL COMPREHENSIVE INCOME 7,973 5,492 13,375 10,284
BASIC PER COMMON SHARE DATA FOR NET INCOME ATTRIBUTABLE TO EASTGROUP PROPERTIES, INC. COMMON STOCKHOLDERS        
Income from continuing operations $ 0.21 $ 0.20 $ 0.41 $ 0.38
Income (loss) from discontinued operations $ 0.07 $ 0.00 $ 0.07 $ 0.00
Net income attributable to common stockholders $ 0.28 $ 0.20 $ 0.48 $ 0.38
Weighted average shares outstanding 28,246 26,820 27,946 26,815
DILUTED PER COMMON SHARE DATA FOR NET INCOME ATTRIBUTABLE TO EASTGROUP PROPERTIES, INC. COMMON STOCKHOLDERS        
Income from continuing operations $ 0.21 $ 0.20 $ 0.41 $ 0.38
Income (loss) from discontinued operations $ 0.07 $ 0.00 $ 0.07 $ 0.00
Net income attributable to common stockholders $ 0.28 $ 0.20 $ 0.48 $ 0.38
Weighted average shares outstanding 28,341 26,897 28,024 26,884
AMOUNTS ATTRIBUTABLE TO EASTGROUP PROPERTIES, INC. COMMON STOCKHOLDERS        
Income from continuing operations 6,079 5,516 11,322 10,346
Income (loss) from discontinued operations 1,894 (24) 2,053 (62)
Net income attributable to common stockholders $ 7,973 $ 5,492 $ 13,375 $ 10,284