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CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME - Unaudited - USD ($)
shares in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
REVENUES        
Income from real estate operations $ 99,562,000 $ 89,500,000 $ 197,479,000 $ 178,077,000
Other revenue 13,000 215,000 27,000 266,000
Revenues 99,575,000 89,715,000 197,506,000 178,343,000
EXPENSES        
Expenses from real estate operations 28,057,000 25,351,000 55,877,000 51,180,000
Depreciation and amortization 31,349,000 28,570,000 61,662,000 56,462,000
General and administrative 4,486,000 4,025,000 8,522,000 7,306,000
Indirect leasing costs 134,000 166,000 464,000 274,000
Expenses 64,026,000 58,112,000 126,525,000 115,222,000
OTHER INCOME (EXPENSE)        
Interest expense (8,181,000) (8,346,000) (16,457,000) (16,803,000)
Other 210,000 230,000 411,000 467,000
Net Income 27,578,000 23,487,000 54,935,000 46,785,000
Net income attributable to noncontrolling interest in joint ventures (20,000) (3,000) (38,000) (4,000)
NET INCOME ATTRIBUTABLE TO EASTGROUP PROPERTIES, INC. COMMON STOCKHOLDERS 27,558,000 23,484,000 54,897,000 46,781,000
Other comprehensive income (loss) - interest rate swaps (1,263,000) (1,824,000) 6,951,000 (17,614,000)
TOTAL COMPREHENSIVE INCOME $ 26,295,000 $ 21,660,000 $ 61,848,000 $ 29,167,000
BASIC PER COMMON SHARE DATA FOR NET INCOME ATTRIBUTABLE TO EASTGROUP PROPERTIES, INC. COMMON STOCKHOLDERS        
Net income attributable to common stockholders $ 0.69 $ 0.60 $ 1.38 $ 1.20
Weighted average shares outstanding 40,068 39,007 39,871 38,945
DILUTED PER COMMON SHARE DATA FOR NET INCOME ATTRIBUTABLE TO EASTGROUP PROPERTIES, INC. COMMON STOCKHOLDERS        
Net income attributable to common stockholders $ 0.69 $ 0.60 $ 1.37 $ 1.20
Weighted average shares outstanding 40,165 39,077 39,965 39,019