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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, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
REVENUES        
Income from real estate operations $ 49,040 $ 46,184 $ 97,268 $ 92,566
Other income 139 14 186 28
Revenues 49,179 46,198 97,454 92,594
EXPENSES        
Expenses from real estate operations 13,684 13,334 27,246 26,332
Depreciation and amortization 16,328 15,442 31,943 31,175
General and administrative 2,777 2,536 6,141 5,652
Acquisition costs 138 0 167 19
Expenses 32,927 31,312 65,497 63,178
OPERATING INCOME 16,252 14,886 31,957 29,416
OTHER INCOME (EXPENSE)        
Interest expense (8,717) (8,977) (17,338) (18,418)
Other 255 172 479 343
INCOME FROM CONTINUING OPERATIONS 7,790 6,081 15,098 11,341
DISCONTINUED OPERATIONS        
Income from real estate operations 0 134 0 228
Gain on sales of nondepreciable real estate investments, net of tax 0 0 0 167
Gain on sales of real estate investments 0 1,869 0 1,869
INCOME FROM DISCONTINUED OPERATIONS 0 2,003 0 2,264
NET INCOME 7,790 8,084 15,098 13,605
Net income attributable to noncontrolling interest in joint ventures (147) (111) (301) (230)
NET INCOME ATTRIBUTABLE TO EASTGROUP PROPERTIES, INC. COMMON STOCKHOLDERS 7,643 7,973 14,797 13,375
Other comprehensive income - cash flow hedge 2,118 0 2,340 0
TOTAL COMPREHENSIVE INCOME 9,761 7,973 17,137 13,375
BASIC PER COMMON SHARE DATA FOR NET INCOME ATTRIBUTABLE TO EASTGROUP PROPERTIES, INC. COMMON STOCKHOLDERS        
Income from continuing operations $ 0.25 $ 0.21 $ 0.49 $ 0.40
Income from discontinued operations $ 0.00 $ 0.07 $ 0.00 $ 0.08
Net income attributable to common stockholders $ 0.25 $ 0.28 $ 0.49 $ 0.48
Weighted average shares outstanding 29,991 28,246 29,900 27,946
DILUTED PER COMMON SHARE DATA FOR NET INCOME ATTRIBUTABLE TO EASTGROUP PROPERTIES, INC. COMMON STOCKHOLDERS        
Income from continuing operations $ 0.25 $ 0.21 $ 0.49 $ 0.40
Income from discontinued operations $ 0.00 $ 0.07 $ 0.00 $ 0.08
Net income attributable to common stockholders $ 0.25 $ 0.28 $ 0.49 $ 0.48
Weighted average shares outstanding 30,096 28,341 29,990 28,024
AMOUNTS ATTRIBUTABLE TO EASTGROUP PROPERTIES, INC. COMMON STOCKHOLDERS        
Income from continuing operations 7,643 5,970 14,797 11,111
Income from discontinued operations 0 2,003 0 2,264
Net income attributable to common stockholders $ 7,643 $ 7,973 $ 14,797 $ 13,375