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CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME - Unaudited - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
REVENUES        
Income from real estate operations $ 157,333 $ 138,811 $ 311,407 $ 272,775
Other revenue 1,757 1,076 1,907 2,137
Revenues 159,090 139,887 313,314 274,912
EXPENSES        
Expenses from real estate operations 43,851 37,767 86,854 73,953
Depreciation and amortization 45,663 42,295 90,832 83,309
General and administrative 4,741 4,384 11,422 9,588
Indirect leasing costs 220 149 397 289
Expenses 94,475 84,595 189,505 167,139
OTHER INCOME (EXPENSE)        
Interest expense (9,832) (12,575) (19,893) (25,600)
Gains on sales of real estate investments 0 0 8,751 4,809
Other 518 748 1,292 1,187
Net Income 55,301 43,465 113,959 88,169
Net income attributable to noncontrolling interest in joint ventures (14) (15) (28) (29)
NET INCOME ATTRIBUTABLE TO EASTGROUP PROPERTIES, INC. COMMON STOCKHOLDERS 55,287 43,450 113,931 88,140
Other comprehensive income (loss) - interest rate swaps (1,095) 10,202 4,799 (60)
TOTAL COMPREHENSIVE INCOME $ 54,192 $ 53,652 $ 118,730 $ 88,080
BASIC PER COMMON SHARE DATA FOR NET INCOME ATTRIBUTABLE TO EASTGROUP PROPERTIES, INC. COMMON STOCKHOLDERS        
Net income attributable to common stockholders $ 1.15 $ 0.97 $ 2.37 $ 1.99
Weighted average shares outstanding (in shares) 48,248 44,656 48,054 44,204
DILUTED PER COMMON SHARE DATA FOR NET INCOME ATTRIBUTABLE TO EASTGROUP PROPERTIES, INC. COMMON STOCKHOLDERS        
Net income attributable to common stockholders $ 1.14 $ 0.97 $ 2.37 $ 1.99
Weighted average shares outstanding (in shares) 48,345 44,734 48,153 44,279