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CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME - Unaudited - USD ($)
shares in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
REVENUES        
Income from real estate operations $ 89,500,000 $ 81,783,000 $ 178,077,000 $ 160,420,000
Other revenue 215,000 318,000 266,000 479,000
Revenues 89,715,000 82,101,000 178,343,000 160,899,000
EXPENSES        
Expenses from real estate operations 25,351,000 22,922,000 51,180,000 45,224,000
Depreciation and amortization 28,570,000 27,291,000 56,462,000 51,037,000
General and administrative 4,025,000 4,506,000 7,306,000 8,350,000
Indirect leasing costs 166,000 103,000 274,000 196,000
Expenses 58,112,000 54,822,000 115,222,000 104,807,000
OTHER INCOME (EXPENSE)        
Interest expense (8,346,000) (8,846,000) (16,803,000) (17,692,000)
Gains on Sales of Real Estate Investments 0 9,081,000 0 11,406,000
Other 230,000 (565,000) 467,000 (323,000)
Net Income 23,487,000 26,949,000 46,785,000 49,483,000
Net income attributable to noncontrolling interest in joint ventures (3,000) 4,000 (4,000) (1,000)
NET INCOME ATTRIBUTABLE TO EASTGROUP PROPERTIES, INC. COMMON STOCKHOLDERS 23,484,000 26,953,000 46,781,000 49,482,000
Other comprehensive loss - cash flow hedges (1,824,000) (3,754,000) (17,614,000) (6,067,000)
TOTAL COMPREHENSIVE INCOME $ 21,660,000 $ 23,199,000 $ 29,167,000 $ 43,415,000
BASIC PER COMMON SHARE DATA FOR NET INCOME ATTRIBUTABLE TO EASTGROUP PROPERTIES, INC. COMMON STOCKHOLDERS        
Net income attributable to common stockholders $ 0.60 $ 0.73 $ 1.20 $ 1.35
Weighted average shares outstanding 39,007 36,944 38,945 36,705
DILUTED PER COMMON SHARE DATA FOR NET INCOME ATTRIBUTABLE TO EASTGROUP PROPERTIES, INC. COMMON STOCKHOLDERS        
Net income attributable to common stockholders $ 0.60 $ 0.73 $ 1.20 $ 1.35
Weighted average shares outstanding 39,077 37,019 39,019 36,770