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CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME - Unaudited - USD ($)
shares in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
REVENUES        
Income from real estate operations $ 104,584,000 $ 92,000,000 $ 302,063,000 $ 270,077,000
Other revenue 13,000 12,000 40,000 278,000
Revenues 104,597,000 92,012,000 302,103,000 270,355,000
EXPENSES        
Expenses from real estate operations 29,644,000 26,325,000 85,521,000 77,505,000
Depreciation and amortization 32,263,000 29,211,000 93,925,000 85,673,000
General and administrative 3,559,000 3,714,000 12,081,000 11,020,000
Indirect leasing costs 133,000 248,000 597,000 522,000
Expenses 65,599,000 59,498,000 192,124,000 174,720,000
OTHER INCOME (EXPENSE)        
Interest expense (8,416,000) (8,347,000) (24,873,000) (25,150,000)
Other 210,000 244,000 621,000 711,000
Net Income 30,792,000 24,411,000 85,727,000 71,196,000
Net income attributable to noncontrolling interest in joint ventures (21,000) (10,000) (59,000) (14,000)
NET INCOME ATTRIBUTABLE TO EASTGROUP PROPERTIES, INC. COMMON STOCKHOLDERS 30,771,000 24,401,000 85,668,000 71,182,000
Other comprehensive income (loss) - interest rate swaps 1,325,000 1,362,000 8,276,000 (16,252,000)
TOTAL COMPREHENSIVE INCOME $ 32,096,000 $ 25,763,000 $ 93,944,000 $ 54,930,000
BASIC PER COMMON SHARE DATA FOR NET INCOME ATTRIBUTABLE TO EASTGROUP PROPERTIES, INC. COMMON STOCKHOLDERS        
Net income attributable to common stockholders $ 0.76 $ 0.62 $ 2.14 $ 1.82
Weighted average shares outstanding 40,434 39,338 40,058 39,077
DILUTED PER COMMON SHARE DATA FOR NET INCOME ATTRIBUTABLE TO EASTGROUP PROPERTIES, INC. COMMON STOCKHOLDERS        
Net income attributable to common stockholders $ 0.76 $ 0.62 $ 2.13 $ 1.82
Weighted average shares outstanding 40,567 39,450 40,165 39,168