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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, 2014
Dec. 31, 2013
Dec. 31, 2012
REVENUES      
Income from real estate operations $ 219,706us-gaap_RealEstateRevenueNet $ 201,849us-gaap_RealEstateRevenueNet $ 185,783us-gaap_RealEstateRevenueNet
Other income 123us-gaap_OtherOperatingIncome 322us-gaap_OtherOperatingIncome 61us-gaap_OtherOperatingIncome
Revenues 219,829us-gaap_Revenues 202,171us-gaap_Revenues 185,844us-gaap_Revenues
EXPENSES      
Expenses from real estate operations 62,797us-gaap_CostOfRealEstateRevenue 57,885us-gaap_CostOfRealEstateRevenue 52,891us-gaap_CostOfRealEstateRevenue
Depreciation and amortization 70,314us-gaap_DepreciationDepletionAndAmortization 65,789us-gaap_DepreciationDepletionAndAmortization 61,345us-gaap_DepreciationDepletionAndAmortization
General and administrative 12,726us-gaap_GeneralAndAdministrativeExpense 11,725us-gaap_GeneralAndAdministrativeExpense 10,488us-gaap_GeneralAndAdministrativeExpense
Acquisition costs 210us-gaap_BusinessCombinationIntegrationRelatedCosts 191us-gaap_BusinessCombinationIntegrationRelatedCosts 188us-gaap_BusinessCombinationIntegrationRelatedCosts
Expenses 146,047us-gaap_CostsAndExpenses 135,590us-gaap_CostsAndExpenses 124,912us-gaap_CostsAndExpenses
OPERATING INCOME 73,782us-gaap_OperatingIncomeLoss 66,581us-gaap_OperatingIncomeLoss 60,932us-gaap_OperatingIncomeLoss
OTHER INCOME (EXPENSE)      
Interest expense (35,486)us-gaap_InterestExpense (35,192)us-gaap_InterestExpense (35,371)us-gaap_InterestExpense
Gain on Sales of Real Estate Investments 9,188us-gaap_GainsLossesOnSalesOfInvestmentRealEstate 0us-gaap_GainsLossesOnSalesOfInvestmentRealEstate 0us-gaap_GainsLossesOnSalesOfInvestmentRealEstate
Other 989us-gaap_OtherOperatingIncomeExpenseNet 949us-gaap_OtherOperatingIncomeExpenseNet 456us-gaap_OtherOperatingIncomeExpenseNet
INCOME FROM CONTINUING OPERATIONS 48,473us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest 32,338us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest 26,017us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
DISCONTINUED OPERATIONS      
Income from real estate operations 0us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax 89us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax 360us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax
Gain on sales of nondepreciable real estate investments 0us-gaap_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax 0us-gaap_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax 167us-gaap_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax [1]
Gain on sales of real estate investments 0us-gaap_DiscontinuedOperationGainLossFromDisposalOfDiscontinuedOperationBeforeIncomeTax 798us-gaap_DiscontinuedOperationGainLossFromDisposalOfDiscontinuedOperationBeforeIncomeTax 6,343us-gaap_DiscontinuedOperationGainLossFromDisposalOfDiscontinuedOperationBeforeIncomeTax
INCOME FROM DISCONTINUED OPERATIONS 0us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax 887us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax 6,870us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax
NET INCOME 48,473us-gaap_ProfitLoss 33,225us-gaap_ProfitLoss 32,887us-gaap_ProfitLoss
Net income attributable to noncontrolling interest in joint ventures (532)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest (610)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest (503)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
NET INCOME ATTRIBUTABLE TO EASTGROUP PROPERTIES, INC. COMMON STOCKHOLDERS 47,941us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 32,615us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 32,384us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
Other comprehensive income (loss) - cash flow hedges (3,986)us-gaap_OtherComprehensiveIncomeLossNetOfTax 2,021us-gaap_OtherComprehensiveIncomeLossNetOfTax (392)us-gaap_OtherComprehensiveIncomeLossNetOfTax
TOTAL COMPREHENSIVE INCOME 43,955us-gaap_ComprehensiveIncomeNetOfTax 34,636us-gaap_ComprehensiveIncomeNetOfTax 31,992us-gaap_ComprehensiveIncomeNetOfTax
BASIC PER COMMON SHARE DATA FOR NET INCOME ATTRIBUTABLE TO EASTGROUP PROPERTIES, INC. COMMON STOCKHOLDERS      
Income from continuing operations $ 1.53us-gaap_IncomeLossFromContinuingOperationsPerBasicShare $ 1.05us-gaap_IncomeLossFromContinuingOperationsPerBasicShare $ 0.89us-gaap_IncomeLossFromContinuingOperationsPerBasicShare
Income from discontinued operations $ 0.00us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $ 0.03us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $ 0.24us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
Net income attributable to common stockholders $ 1.53us-gaap_EarningsPerShareBasic $ 1.08us-gaap_EarningsPerShareBasic $ 1.13us-gaap_EarningsPerShareBasic
Weighted average shares outstanding 31,341us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 30,162us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 28,577us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
DILUTED PER COMMON SHARE DATA FOR NET INCOME ATTRIBUTABLE TO EASTGROUP PROPERTIES, INC. COMMON STOCKHOLDERS      
Income from continuing operations $ 1.52us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare $ 1.05us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare $ 0.89us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare
Income from discontinued operations $ 0.00us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $ 0.03us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $ 0.24us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
Net income attributable to common stockholders $ 1.52us-gaap_EarningsPerShareDiluted $ 1.08us-gaap_EarningsPerShareDiluted $ 1.13us-gaap_EarningsPerShareDiluted
Weighted average shares outstanding 31,452us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 30,269us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 28,677us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
AMOUNTS ATTRIBUTABLE TO EASTGROUP PROPERTIES, INC. COMMON STOCKHOLDERS      
Income from continuing operations 47,941us-gaap_IncomeLossFromContinuingOperations 31,728us-gaap_IncomeLossFromContinuingOperations 25,514us-gaap_IncomeLossFromContinuingOperations
Income from discontinued operations 0us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity 887us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity 6,870us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
Net income attributable to common stockholders $ 47,941us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 32,615us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 32,384us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
[1] 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.