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QUARTERLY RESULTS OF OPERATIONS - UNAUDITED
12 Months Ended
Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]  
QUARTERLY RESULTS OF OPERATIONS - UNAUDITED
QUARTERLY RESULTS OF OPERATIONS – UNAUDITED
 
2017 Quarter Ended
 
2016 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
$
66,409

 
90,004

 
69,001

 
71,944

 
73,189

 
93,279

 
64,043

 
66,614

Expenses
(53,436
)
 
(53,027
)
 
(53,029
)
 
(54,277
)
 
(51,359
)
 
(49,186
)
 
(49,243
)
 
(51,243
)
Net Income
12,973

 
36,977

 
15,972

 
17,667

 
21,830

 
44,093

 
14,800

 
15,371

Net income attributable to
noncontrolling interest in joint ventures
(154
)
 
(87
)
 
(88
)
 
(77
)
 
(119
)
 
(180
)
 
(139
)
 
(147
)
Net income attributable to EastGroup
Properties, Inc. common stockholders
$
12,819

 
36,890

 
15,884

 
17,590

 
21,711

 
43,913

 
14,661

 
15,224

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

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Net income attributable to common
stockholders
$
0.38

 
1.09

 
0.46

 
0.51

 
0.67

 
1.36

 
0.45

 
0.46

Weighted average shares outstanding
33,361

 
33,987

 
34,215

 
34,406

 
32,254

 
32,376

 
32,741

 
32,874

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

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Net income attributable to common
stockholders
$
0.38

 
1.08

 
0.46

 
0.51

 
0.67

 
1.35

 
0.45

 
0.46

Weighted average shares outstanding
33,409

 
34,040

 
34,290

 
34,505

 
32,307

 
32,440

 
32,823

 
32,964


(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.