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CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
REVENUES      
Income from real estate operations $ 186,117 $ 173,021 $ 171,887
Other income 61 142 82
Revenues 186,178 173,163 171,969
EXPENSES      
Expenses from real estate operations 52,993 48,913 50,679
Depreciation and amortization 61,696 56,757 57,806
General and administrative 10,488 10,691 10,260
Acquisition costs 188 252 72
Expenses 125,365 116,613 118,817
OPERATING INCOME 60,813 56,550 53,152
OTHER INCOME (EXPENSE)      
Interest expense (35,371) (34,709) (35,171)
Other 456 717 624
INCOME FROM CONTINUING OPERATIONS 25,898 22,558 18,605
DISCONTINUED OPERATIONS      
Income from real estate operations 479 276 150
Gain on sales of nondepreciable real estate investments, net of tax 167 [1] 0 [1] 0 [1]
Gain on sales of real estate investments 6,343 0 0
INCOME FROM DISCONTINUED OPERATIONS 6,989 276 150
NET INCOME 32,887 22,834 18,755
Net income attributable to noncontrolling interest in joint ventures (503) (475) (430)
NET INCOME ATTRIBUTABLE TO EASTGROUP PROPERTIES, INC. COMMON STOCKHOLDERS 32,384 22,359 18,325
Other comprehensive income (loss) - Cash flow hedges (392) 0 318
TOTAL COMPREHENSIVE INCOME 31,992 22,359 18,643
BASIC PER COMMON SHARE DATA FOR NET INCOME ATTRIBUTABLE TO EASTGROUP PROPERTIES, INC. COMMON STOCKHOLDERS      
Income from continuing operations $ 0.89 $ 0.82 $ 0.67
Income from discontinued operations $ 0.24 $ 0.01 $ 0.01
Net income attributable to common stockholders $ 1.13 $ 0.83 $ 0.68
Weighted average shares outstanding 28,577 26,897 26,752
DILUTED PER COMMON SHARE DATA FOR NET INCOME ATTRIBUTABLE TO EASTGROUP PROPERTIES, INC. COMMON STOCKHOLDERS      
Income from continuing operations $ 0.89 $ 0.82 $ 0.67
Income from discontinued operations $ 0.24 $ 0.01 $ 0.01
Net income attributable to common stockholders $ 1.13 $ 0.83 $ 0.68
Weighted average shares outstanding 28,677 26,971 26,824
AMOUNTS ATTRIBUTABLE TO EASTGROUP PROPERTIES, INC. COMMON STOCKHOLDERS      
Income from continuing operations 25,395 22,083 18,175
Loss from discontinued operations 6,989 276 150
Net income attributable to common stockholders $ 32,384 $ 22,359 $ 18,325
[1] Gains on sales of nondepreciable real estate investments are subject to federal and state taxes. The Company recognized taxes of $6,000 on the gains related to the sales of Tampa East Distribution Center III and Tampa West Distribution Center VIII during 2012.