XML 56 R41.htm IDEA: XBRL DOCUMENT v3.20.4
QUARTERLY RESULTS OF OPERATIONS - UNAUDITED (Tables)
12 Months Ended
Dec. 31, 2020
Quarterly Financial Information Disclosure [Abstract]  
Quarterly results of operations
 2020 Quarter Ended2019 Quarter Ended
Mar 31Jun 30Sep 30Dec 31Mar 31Jun 30Sep 30Dec 31
(In thousands, except per share data)
Revenues$88,865 89,945 92,256 106,044 81,365 91,425 84,180 116,532 
Expenses(65,567)(66,458)(67,845)(68,849)(58,831)(64,476)(61,605)(65,250)
Net income23,298 23,487 24,411 37,195 22,534 26,949 22,575 51,282 
Net income attributable to
noncontrolling interest in joint ventures
(1)(3)(10)(14)(5)(4)(1,673)
Net income attributable to EastGroup
Properties, Inc. common stockholders
$23,297 23,484 24,401 37,181 22,529 26,953 22,571 49,609 
BASIC PER SHARE DATA FOR NET INCOME ATTRIBUTABLE TO EASTGROUP PROPERTIES, INC. COMMON STOCKHOLDERS (1)
        
Net income attributable to common
stockholders
$0.60 0.60 0.62 0.94 0.62 0.73 0.60 1.29 
Weighted average shares outstanding38,882 39,007 39,338 39,507 36,465 36,944 37,771 38,561 
DILUTED PER SHARE DATA FOR NET INCOME ATTRIBUTABLE TO EASTGROUP PROPERTIES, INC. COMMON STOCKHOLDERS (1)
        
Net income attributable to common
stockholders
$0.60 0.60 0.62 0.94 0.62 0.73 0.60 1.28 
Weighted average shares outstanding38,961 39,077 39,450 39,653 36,526 37,019 37,869 38,687 

(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.