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CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME - Unaudited - USD ($)
shares in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
REVENUES    
Income from real estate operations $ 112,952,000 $ 97,917,000
Other revenue 22,000 14,000
Revenues 112,974,000 97,931,000
EXPENSES    
Expenses from real estate operations 31,064,000 27,820,000
Depreciation and amortization 36,341,000 30,313,000
General and administrative 4,310,000 4,036,000
Indirect leasing costs 175,000 330,000
Expenses 71,890,000 62,499,000
OTHER INCOME (EXPENSE)    
Interest expense (8,110,000) (8,276,000)
Gains on sales of real estate investments 30,352,000 0
Other 278,000 201,000
Net Income 63,604,000 27,357,000
Net income attributable to noncontrolling interest in joint ventures (24,000) (18,000)
NET INCOME ATTRIBUTABLE TO EASTGROUP PROPERTIES, INC. COMMON STOCKHOLDERS 63,580,000 27,339,000
Other comprehensive income - interest rate swaps 15,828,000 8,214,000
TOTAL COMPREHENSIVE INCOME $ 79,408,000 $ 35,553,000
BASIC PER COMMON SHARE DATA FOR NET INCOME ATTRIBUTABLE TO EASTGROUP PROPERTIES, INC. COMMON STOCKHOLDERS    
Net income attributable to common stockholders $ 1.54 $ 0.69
Weighted average shares outstanding (in shares) 41,246 39,673
DILUTED PER COMMON SHARE DATA FOR NET INCOME ATTRIBUTABLE TO EASTGROUP PROPERTIES, INC. COMMON STOCKHOLDERS    
Net income attributable to common stockholders $ 1.54 $ 0.69
Weighted average shares outstanding (in shares) 41,359 39,765