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CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME - Unaudited - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
REVENUES        
Income from real estate operations $ 144,378 $ 125,570 $ 417,153 $ 357,020
Other revenue 2,152 88 4,289 165
Revenues 146,530 125,658 421,442 357,185
EXPENSES        
Expenses from real estate operations 40,709 35,033 114,662 98,643
Depreciation and amortization 42,521 39,277 125,830 113,079
General and administrative 3,429 3,967 13,017 12,503
Indirect leasing costs 147 119 436 410
Expenses 86,806 78,396 253,945 224,635
OTHER INCOME (EXPENSE)        
Interest expense (11,288) (9,771) (36,888) (26,851)
Gains on sales of real estate investments 0 0 4,809 40,999
Other 474 326 1,661 888
Net Income 48,910 37,817 137,079 147,586
Net income attributable to noncontrolling interest in joint ventures (14) (25) (43) (75)
NET INCOME ATTRIBUTABLE TO EASTGROUP PROPERTIES, INC. COMMON STOCKHOLDERS 48,896 37,792 137,036 147,511
Other comprehensive income (loss) - interest rate swaps 5,777 17,157 5,717 39,826
TOTAL COMPREHENSIVE INCOME $ 54,673 $ 54,949 $ 142,753 $ 187,337
BASIC PER COMMON SHARE DATA FOR NET INCOME ATTRIBUTABLE TO EASTGROUP PROPERTIES, INC. COMMON STOCKHOLDERS        
Net income attributable to common stockholders $ 1.07 $ 0.87 $ 3.07 $ 3.49
Weighted average shares outstanding (in shares) 45,658 43,467 44,688 42,308
DILUTED PER COMMON SHARE DATA FOR NET INCOME ATTRIBUTABLE TO EASTGROUP PROPERTIES, INC. COMMON STOCKHOLDERS        
Net income attributable to common stockholders $ 1.07 $ 0.87 $ 3.06 $ 3.48
Weighted average shares outstanding (in shares) 45,788 43,581 44,782 42,419