QUARTERLY RESULTS OF OPERATIONS - UNAUDITED

12 Months Ended

Dec. 31, 2012

Quarterly Financial Information Disclosure [Abstract]

QUARTERLY RESULTS OF OPERATIONS - UNAUDITED

QUARTERLY RESULTS OF OPERATIONS – UNAUDITED

	2012 Quarter Ended									2011 Quarter Ended
	Mar 31			Jun 30		Sep 30		Dec 31		Mar 31		Jun 30		Sep 30		Dec 31
	(In thousands, except per share data)
Revenues	$	46,568		46,369		46,701		47,094		43,124		43,099		43,780		43,877
Expenses	(41,307		)	(40,289	)	(39,937	)	(39,301	)	(38,260	)	(37,556	)	(38,069	)	(37,437	)
Income from continuing operations	5,261			6,080		6,764		7,793		4,864		5,543		5,711		6,440
Income from discontinued operations	261			2,004		133		4,592		38		72		80		86
Net income	5,522			8,084		6,897		12,385		4,902		5,615		5,791		6,526
Net income attributable to noncontrolling interest in joint ventures	(119		)	(111	)	(126	)	(147	)	(110	)	(123	)	(121	)	(121	)
Net income attributable to EastGroup Properties, Inc. common stockholders	$	5,403		7,973		6,771		12,238		4,792		5,492		5,670		6,405
BASIC PER SHARE DATA FOR NET INCOME ATTRIBUTABLE TO EASTGROUP PROPERTIES, INC. COMMON STOCKHOLDERS (1)
Net income attributable to common stockholders	$	0.20		0.28		0.23		0.41		0.18		0.20		0.21		0.24
Weighted average shares outstanding	27,647			28,246		28,912		29,491		26,809		26,820		26,839		27,116
DILUTED PER SHARE DATA FOR NET INCOME ATTRIBUTABLE TO EASTGROUP PROPERTIES, INC. COMMON STOCKHOLDERS (1)
Net income attributable to common stockholders	$	0.19		0.28		0.23		0.41		0.18		0.20		0.21		0.24
Weighted average shares outstanding	27,718			28,341		29,030		29,614		26,873		26,897		26,914		27,206

(1) The above quarterly earnings per share calculations are based on the weighted average number of common shares outstanding during each quarter for basic earnings per share and the weighted average number of outstanding common shares and common share equivalents during each quarter for diluted earnings per share.  The annual earnings per share calculations in the Consolidated Statements of Income and Comprehensive Income are based on the weighted average number of common shares outstanding during each year for basic earnings per share and the weighted average number of outstanding common shares and common share equivalents during each year for diluted earnings per share.  The sum of quarterly financial data may vary from the annual data due to rounding.