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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 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
REVENUES        
Income from real estate operations $ 46,982 $ 43,819 $ 140,077 $ 130,116
Other income 15 20 43 64
Revenues 46,997 43,839 140,120 130,180
EXPENSES        
Expenses from real estate operations 13,642 12,571 40,086 37,491
Depreciation and amortization 15,436 14,348 46,817 42,552
General and administrative 2,453 2,551 8,105 8,127
Acquisition costs 45 55 64 55
Expenses 31,576 29,525 95,072 88,225
OPERATING INCOME 15,421 14,314 45,048 41,955
OTHER INCOME (EXPENSE)        
Interest expense (8,426) (8,680) (26,844) (26,100)
Other (98) 180 245 538
INCOME FROM CONTINUING OPERATIONS 6,897 5,814 18,449 16,393
DISCONTINUED OPERATIONS        
Income (loss) from real estate operations 0 (23) 17 (85)
Gain on sales of nondepreciable real estate investments, net of tax 0 0 167 0
Gain on sales of real estate investments 0 0 1,869 0
INCOME (LOSS) FROM DISCONTINUED OPERATIONS 0 (23) 2,053 (85)
NET INCOME 6,897 5,791 20,502 16,308
Net income attributable to noncontrolling interest in joint ventures (126) (121) (356) (354)
NET INCOME ATTRIBUTABLE TO EASTGROUP PROPERTIES, INC. COMMON STOCKHOLDERS 6,771 5,670 20,146 15,954
Other comprehensive income (605) 0 (605) 0
TOTAL COMPREHENSIVE INCOME 6,166 5,670 19,541 15,954
BASIC PER COMMON SHARE DATA FOR NET INCOME ATTRIBUTABLE TO EASTGROUP PROPERTIES, INC. COMMON STOCKHOLDERS        
Income from continuing operations $ 0.23 $ 0.21 $ 0.64 $ 0.59
Income (loss) from discontinued operations $ 0.00 $ 0.00 $ 0.07 $ 0.00
Net income attributable to common stockholders $ 0.23 $ 0.21 $ 0.71 $ 0.59
Weighted average shares outstanding 28,912 26,839 28,271 26,823
DILUTED PER COMMON SHARE DATA FOR NET INCOME ATTRIBUTABLE TO EASTGROUP PROPERTIES, INC. COMMON STOCKHOLDERS        
Income from continuing operations $ 0.23 $ 0.21 $ 0.64 $ 0.59
Income (loss) from discontinued operations $ 0.00 $ 0.00 $ 0.07 $ 0.00
Net income attributable to common stockholders $ 0.23 $ 0.21 $ 0.71 $ 0.59
Weighted average shares outstanding 29,030 26,914 28,361 26,894
AMOUNTS ATTRIBUTABLE TO EASTGROUP PROPERTIES, INC. COMMON STOCKHOLDERS        
Income from continuing operations 6,771 5,693 18,093 16,039
Income (loss) from discontinued operations 0 (23) 2,053 (85)
Net income attributable to common stockholders $ 6,771 $ 5,670 $ 20,146 $ 15,954