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QUARTERLY RESULTS OF OPERATIONS - UNAUDITED
 12 Months Ended
Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]  
QUARTERLY RESULTS OF OPERATIONS - UNAUDITED
QUARTERLY RESULTS OF OPERATIONS – UNAUDITED
 
2016 Quarter Ended
 
2015 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
$
73,189

 
93,279

 
64,043

 
66,614

 
57,959

 
60,989

 
58,795

 
61,269

Expenses
(51,359
)
 
(49,186
)
 
(49,243
)
 
(51,243
)
 
(47,898
)
 
(46,326
)
 
(46,698
)
 
(49,691
)
Net Income
21,830

 
44,093

 
14,800

 
15,371

 
10,061

 
14,663

 
12,097

 
11,578

Net income attributable to
noncontrolling interest in joint ventures
(119
)
 
(180
)
 
(139
)
 
(147
)
 
(131
)
 
(130
)
 
(129
)
 
(143
)
Net income attributable to EastGroup
Properties, Inc. common stockholders
$
21,711

 
43,913

 
14,661

 
15,224

 
9,930

 
14,533

 
11,968

 
11,435

BASIC PER SHARE DATA FOR NET INCOME ATTRIBUTABLE TO EASTGROUP PROPERTIES, INC. COMMON STOCKHOLDERS (1)
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Net income attributable to common
stockholders
$
0.67

 
1.36

 
0.45

 
0.46

 
0.31

 
0.45

 
0.37

 
0.36

Weighted average shares outstanding
32,254

 
32,376

 
32,741

 
32,874

 
32,032

 
32,045

 
32,126

 
32,159

DILUTED PER SHARE DATA FOR NET INCOME ATTRIBUTABLE TO EASTGROUP PROPERTIES, INC. COMMON STOCKHOLDERS (1)
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Net income attributable to common
stockholders
$
0.67

 
1.35

 
0.45

 
0.46

 
0.31

 
0.45

 
0.37

 
0.35

Weighted average shares outstanding
32,307

 
32,440

 
32,823

 
32,964

 
32,109

 
32,139

 
32,248

 
32,314


(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.