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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, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
REVENUES        
Income from real estate operations $ 162,861 $ 144,378 $ 474,268 $ 417,153
Other revenue 15 2,152 1,922 4,289
Revenues 162,876 146,530 476,190 421,442
EXPENSES        
Expenses from real estate operations 44,163 40,709 131,017 114,662
Depreciation and amortization 48,917 42,521 139,749 125,830
General and administrative 5,154 3,429 16,576 13,017
Indirect leasing costs 159 147 556 436
Expenses 98,393 86,806 287,898 253,945
OTHER INCOME (EXPENSE)        
Interest expense (9,871) (11,288) (29,764) (36,888)
Gains on sales of real estate investments 0 0 8,751 4,809
Other 582 474 1,874 1,661
Net Income 55,194 48,910 169,153 137,079
Net income attributable to noncontrolling interest in joint ventures (14) (14) (42) (43)
NET INCOME ATTRIBUTABLE TO EASTGROUP PROPERTIES, INC. COMMON STOCKHOLDERS 55,180 48,896 169,111 137,036
Other comprehensive income (loss) - interest rate swaps (15,747) 5,777 (10,948) 5,717
TOTAL COMPREHENSIVE INCOME $ 39,433 $ 54,673 $ 158,163 $ 142,753
BASIC PER COMMON SHARE DATA FOR NET INCOME ATTRIBUTABLE TO EASTGROUP PROPERTIES, INC. COMMON STOCKHOLDERS        
Net income attributable to common stockholders $ 1.13 $ 1.07 $ 3.50 $ 3.07
Weighted average shares outstanding (in shares) 48,864 45,658 48,324 44,688
DILUTED PER COMMON SHARE DATA FOR NET INCOME ATTRIBUTABLE TO EASTGROUP PROPERTIES, INC. COMMON STOCKHOLDERS        
Net income attributable to common stockholders $ 1.13 $ 1.07 $ 3.49 $ 3.06
Weighted average shares outstanding (in shares) 48,999 45,788 48,435 44,782