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CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME - Unaudited - USD ($)
shares in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
REVENUES    
Income from real estate operations $ 133,964,000 $ 112,952,000
Other revenue 1,061,000 22,000
Revenues 135,025,000 112,974,000
EXPENSES    
Expenses from real estate operations 36,186,000 31,064,000
Depreciation and amortization 41,014,000 36,341,000
General and administrative 5,204,000 4,310,000
Indirect leasing costs 140,000 175,000
Expenses 82,544,000 71,890,000
OTHER INCOME (EXPENSE)    
Interest expense (13,025,000) (8,110,000)
Gains on sales of real estate investments 4,809,000 30,352,000
Other 439,000 278,000
Net Income 44,704,000 63,604,000
Net income attributable to noncontrolling interest in joint ventures (14,000) (24,000)
NET INCOME ATTRIBUTABLE TO EASTGROUP PROPERTIES, INC. COMMON STOCKHOLDERS 44,690,000 63,580,000
Other comprehensive income (loss) - interest rate swaps (10,262,000) 15,828,000
TOTAL COMPREHENSIVE INCOME $ 34,428,000 $ 79,408,000
BASIC PER COMMON SHARE DATA FOR NET INCOME ATTRIBUTABLE TO EASTGROUP PROPERTIES, INC. COMMON STOCKHOLDERS    
Net income attributable to common stockholders $ 1.02 $ 1.54
Weighted average shares outstanding (in shares) 43,751 41,246
DILUTED PER COMMON SHARE DATA FOR NET INCOME ATTRIBUTABLE TO EASTGROUP PROPERTIES, INC. COMMON STOCKHOLDERS    
Net income attributable to common stockholders $ 1.02 $ 1.54
Weighted average shares outstanding (in shares) 43,823 41,359