QUARTERLY RESULTS OF OPERATIONS - UNAUDITED

12 Months Ended

Dec. 31, 2014

Quarterly Financial Information Disclosure [Abstract]

QUARTERLY RESULTS OF OPERATIONS - UNAUDITED

QUARTERLY RESULTS OF OPERATIONS – UNAUDITED

	2014 Quarter Ended									2013 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	$	53,128		54,037		63,693		59,148		48,424		49,351		51,427		53,918
Expenses	(44,614		)	(44,795	)	(45,832	)	(46,292	)	(41,117	)	(41,596	)	(42,932	)	(45,137	)
Income from continuing operations	8,514			9,242		17,861		12,856		7,307		7,755		8,495		8,781
Income from discontinued operations	—			—		—		—		1		35		19		832
Net income	8,514			9,242		17,861		12,856		7,308		7,790		8,514		9,613
Net income attributable to noncontrolling interest in joint ventures	(142		)	(124	)	(132	)	(134	)	(154	)	(147	)	(151	)	(158	)
Net income attributable to EastGroup Properties, Inc. common stockholders	$	8,372		9,118		17,729		12,722		7,154		7,643		8,363		9,455
BASIC PER SHARE DATA FOR NET INCOME ATTRIBUTABLE TO EASTGROUP PROPERTIES, INC. COMMON STOCKHOLDERS (1)
Net income attributable to common stockholders	$	0.27		0.29		0.56		0.40		0.24		0.25		0.28		0.31
Weighted average shares outstanding	30,806			31,137		31,515		31,892		29,809		29,991		30,281		30,556
DILUTED PER SHARE DATA FOR NET INCOME ATTRIBUTABLE TO EASTGROUP PROPERTIES, INC. COMMON STOCKHOLDERS (1)
Net income attributable to common stockholders	$	0.27		0.29		0.56		0.40		0.24		0.25		0.28		0.31
Weighted average shares outstanding	30,886			31,244		31,644		32,043		29,890		30,096		30,400		30,699

(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.