XML 16 R4.htm IDEA: XBRL DOCUMENT v3.21.1
CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME - Unaudited - USD ($)
shares in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
REVENUES    
Income from real estate operations $ 97,917,000 $ 88,577,000
Other revenue 14,000 51,000
Revenues 97,931,000 88,628,000
EXPENSES    
Expenses from real estate operations 27,820,000 25,829,000
Depreciation and amortization 30,313,000 27,892,000
General and administrative 4,036,000 3,281,000
Indirect leasing costs 330,000 108,000
Expenses 62,499,000 57,110,000
OTHER INCOME (EXPENSE)    
Interest expense (8,276,000) (8,457,000)
Other 201,000 237,000
Net Income 27,357,000 23,298,000
Net income attributable to noncontrolling interest in joint ventures (18,000) (1,000)
NET INCOME ATTRIBUTABLE TO EASTGROUP PROPERTIES, INC. COMMON STOCKHOLDERS 27,339,000 23,297,000
Other comprehensive loss - cash flow hedges 8,214,000 (15,790,000)
TOTAL COMPREHENSIVE INCOME $ 35,553,000 $ 7,507,000
BASIC PER COMMON SHARE DATA FOR NET INCOME ATTRIBUTABLE TO EASTGROUP PROPERTIES, INC. COMMON STOCKHOLDERS    
Net income attributable to common stockholders $ 0.69 $ 0.60
Weighted average shares outstanding 39,673 38,882
DILUTED PER COMMON SHARE DATA FOR NET INCOME ATTRIBUTABLE TO EASTGROUP PROPERTIES, INC. COMMON STOCKHOLDERS    
Net income attributable to common stockholders $ 0.69 $ 0.60
Weighted average shares outstanding 39,765 38,961