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QUARTERLY RESULTS OF OPERATIONS - UNAUDITED
 12 Months Ended
Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]  
QUARTERLY RESULTS OF OPERATIONS - UNAUDITED
QUARTERLY RESULTS OF OPERATIONS – UNAUDITED
 
2019 Quarter Ended
 
2018 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
$
81,365

 
91,425

 
84,180

 
116,532

 
83,179

 
75,107

 
79,593

 
78,196

Expenses
(58,831
)
 
(64,476
)
 
(61,605
)
 
(65,250
)
 
(54,431
)
 
(56,843
)
 
(56,552
)
 
(59,613
)
Net income
22,534

 
26,949

 
22,575

 
51,282

 
28,748

 
18,264

 
23,041

 
18,583

Net income attributable to
noncontrolling interest in joint ventures
(5
)
 
4

 
(4
)
 
(1,673
)
 
(35
)
 
(37
)
 
(31
)
 
(27
)
Net income attributable to EastGroup
Properties, Inc. common stockholders
$
22,529

 
26,953

 
22,571

 
49,609

 
28,713

 
18,227

 
23,010

 
18,556

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

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Net income attributable to common
stockholders
$
0.62

 
0.73

 
0.60

 
1.29

 
0.83

 
0.52

 
0.64

 
0.51

Weighted average shares outstanding
36,465

 
36,944

 
37,771

 
38,561

 
34,689

 
35,196

 
35,716

 
36,135

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

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Net income attributable to common
stockholders
$
0.62

 
0.73

 
0.60

 
1.28

 
0.83

 
0.52

 
0.64

 
0.51

Weighted average shares outstanding
36,526

 
37,019

 
37,869

 
38,687

 
34,736

 
35,259

 
35,798

 
36,232


(1)
The above quarterly earnings per share calculations are based on the weighted average number of shares of common stock outstanding during each quarter for basic earnings per share and the weighted average number of outstanding shares of common stock and common stock 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 shares of common stock outstanding during each year for basic earnings per share and the weighted average number of outstanding shares of common stock and common stock 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.