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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, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
REVENUES        
Income from real estate operations $ 51,216 $ 46,686 $ 148,484 $ 139,252
Other income 34 15 220 43
Revenues 51,250 46,701 148,704 139,295
EXPENSES        
Expenses from real estate operations 14,587 13,580 41,833 39,912
Depreciation and amortization 16,948 15,335 48,891 46,510
General and administrative 2,589 2,453 8,730 8,105
Acquisition costs 16 45 183 64
Expenses 34,140 31,413 99,637 94,591
OPERATING INCOME 17,110 15,288 49,067 44,704
OTHER INCOME (EXPENSE)        
Interest expense (8,845) (8,426) (26,183) (26,844)
Other 249 (98) 728 245
INCOME FROM CONTINUING OPERATIONS 8,514 6,764 23,612 18,105
DISCONTINUED OPERATIONS        
Income from real estate operations 0 133 0 361
Gain on sales of nondepreciable real estate investments, net of tax 0 0 0 167
Gain on sales of real estate investments 0 0 0 1,869
INCOME FROM DISCONTINUED OPERATIONS 0 133 0 2,397
NET INCOME 8,514 6,897 23,612 20,502
Net income attributable to noncontrolling interest in joint ventures (151) (126) (452) (356)
NET INCOME ATTRIBUTABLE TO EASTGROUP PROPERTIES, INC. COMMON STOCKHOLDERS 8,363 6,771 23,160 20,146
Other comprehensive income (loss) - cash flow hedge (1,597) (605) 743 (605)
TOTAL COMPREHENSIVE INCOME 6,766 6,166 23,903 19,541
BASIC PER COMMON SHARE DATA FOR NET INCOME ATTRIBUTABLE TO EASTGROUP PROPERTIES, INC. COMMON STOCKHOLDERS        
Income from continuing operations $ 0.28 $ 0.23 $ 0.77 $ 0.63
Income from discontinued operations $ 0.00 $ 0.00 $ 0.00 $ 0.08
Net income attributable to common stockholders $ 0.28 $ 0.23 $ 0.77 $ 0.71
Weighted average shares outstanding 30,281 28,912 30,029 28,271
DILUTED PER COMMON SHARE DATA FOR NET INCOME ATTRIBUTABLE TO EASTGROUP PROPERTIES, INC. COMMON STOCKHOLDERS        
Income from continuing operations $ 0.28 $ 0.23 $ 0.77 $ 0.63
Income from discontinued operations $ 0.00 $ 0.00 $ 0.00 $ 0.08
Net income attributable to common stockholders $ 0.28 $ 0.23 $ 0.77 $ 0.71
Weighted average shares outstanding 30,400 29,030 30,124 28,361
AMOUNTS ATTRIBUTABLE TO EASTGROUP PROPERTIES, INC. COMMON STOCKHOLDERS        
Income from continuing operations 8,363 6,638 23,160 17,749
Income from discontinued operations 0 133 0 2,397
Net income attributable to common stockholders $ 8,363 $ 6,771 $ 23,160 $ 20,146