$EGP
EASTGROUP PROPERTIES INC Stock $egp

$egp Overview Financials Valuation SEC Filings Company Website

2012 Q2 Form 10-Q Financial Statement

#000004960012000021 Filed on July 24, 2012

Income Statement

Concept	2012 Q2	2011 Q2
Revenue	$46.20M	$43.15M
YoY Change	7.07%	-1.01%
Cost Of Revenue	$13.33M	$12.52M
YoY Change	6.47%	-4.06%
Gross Profit	$32.86M	$30.63M
YoY Change	7.28%	0.29%
Gross Profit Margin	71.13%	70.99%
Selling, General & Admin	$2.540M	$2.610M
YoY Change	-2.68%	2.76%
% of Gross Profit	7.73%	8.52%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$15.44M	$14.02M
YoY Change	10.17%	-4.65%
% of Gross Profit	46.99%	45.76%
Operating Expenses	$17.98M	$16.63M
YoY Change	8.12%	-3.59%
Operating Profit	$14.89M	$14.00M
YoY Change	6.32%	5.35%
Interest Expense	$8.977M	$8.542M
YoY Change	5.09%	-197.96%
% of Operating Profit	60.3%	61.01%
Other Income/Expense, Net	$170.0K
YoY Change
Pretax Income	$6.080M	$5.640M
YoY Change	7.8%	23.14%
Income Tax	$0.00	$0.00
% Of Pretax Income	0.0%	0.0%
Net Earnings	$8.084M	$5.615M
YoY Change	43.97%	25.33%
Net Earnings / Revenue	17.5%	13.01%
Basic Earnings Per Share	$0.28	$0.20
Diluted Earnings Per Share	$0.28	$0.20
COMMON SHARES
Basic Shares Outstanding	28.25M shares	26.82M shares
Diluted Shares Outstanding	28.34M shares	26.90M shares

Balance Sheet

Concept	2012 Q2	2011 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$100.0K	$100.0K
YoY Change	0.0%	0.0%
Cash & Equivalents	$118.0K	$100.0K
Short-Term Investments
Other Short-Term Assets	$11.80M	$6.800M
YoY Change	73.53%	-6.85%
Inventory
Prepaid Expenses
Receivables	$24.20M	$21.80M
Other Receivables	$4.100M	$4.100M
Total Short-Term Assets	$40.20M	$32.80M
YoY Change	22.56%	5.81%
LONG-TERM ASSETS
Property, Plant & Equipment	$1.217B	$1.115B
YoY Change	9.15%	-0.76%
Goodwill	$990.0K
YoY Change
Intangibles
YoY Change
Long-Term Investments	$2.845M	$2.700M
YoY Change	5.37%	0.0%
Other Assets
YoY Change
Total Long-Term Assets	$1.256B	$1.147B
YoY Change	9.52%	-0.88%
TOTAL ASSETS
Total Short-Term Assets	$40.20M	$32.80M
Total Long-Term Assets	$1.256B	$1.147B
Total Assets	$1.296B	$1.180B
YoY Change	9.88%	-0.71%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses	$14.60M	$14.00M
YoY Change	4.29%	-3.45%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$33.70M	$29.50M
YoY Change	14.24%	4.24%
LONG-TERM LIABILITIES
Long-Term Debt	$794.9M	$748.7M
YoY Change	6.17%	3.44%
Other Long-Term Liabilities	$6.600M	$6.300M
YoY Change	4.76%	-3.08%
Total Long-Term Liabilities	$801.5M	$755.0M
YoY Change	6.16%	3.38%
TOTAL LIABILITIES
Total Short-Term Liabilities	$33.70M	$29.50M
Total Long-Term Liabilities	$801.5M	$755.0M
Total Liabilities	$835.1M	$787.1M
YoY Change	6.09%	3.4%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock	$691.3M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$458.4M	$392.6M
YoY Change
Total Liabilities & Shareholders Equity	$1.296B	$1.180B
YoY Change	9.88%	-0.71%

Cashflow Statement

Concept	2012 Q2	2011 Q2
OPERATING ACTIVITIES
Net Income	$8.084M	$5.615M
YoY Change	43.97%	25.33%
Depreciation, Depletion And Amortization	$15.44M	$14.02M
YoY Change	10.17%	-4.65%
Cash From Operating Activities	$29.20M	$26.20M
YoY Change	11.45%	6.07%
INVESTING ACTIVITIES
Capital Expenditures	-$17.60M	-$12.70M
YoY Change	38.58%	27.0%
Acquisitions
YoY Change
Other Investing Activities	$1.700M	-$1.100M
YoY Change	-254.55%	-50.0%
Cash From Investing Activities	-$15.90M	-$13.90M
YoY Change	14.39%	13.93%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-13.40M	-12.30M
YoY Change	8.94%	-1.6%
NET CHANGE
Cash From Operating Activities	29.20M	26.20M
Cash From Investing Activities	-15.90M	-13.90M
Cash From Financing Activities	-13.40M	-12.30M
Net Change In Cash	-100.0K	-0.000000001863
YoY Change	5368709119999900.0%
FREE CASH FLOW
Cash From Operating Activities	$29.20M	$26.20M
Capital Expenditures	-$17.60M	-$12.70M
Free Cash Flow	$46.80M	$38.90M
YoY Change	20.31%	12.1%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2012Q2	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	24295000	USD
CY2011Q4	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	31205000	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	5652000	USD
	egp	Rental Income Increase Decrease For Amortization Of Acquired In Place Lease Intangibles RentalIncomeIncreaseDecreaseForAmortizationOfAcquiredInPlaceLeaseIntangibles	185000	USD
CY2011Q4	us-gaap	Accounts Payable Other Current And Noncurrent AccountsPayableOtherCurrentAndNoncurrent	11286000	USD
CY2012Q2	us-gaap	Accounts Payable Other Current And Noncurrent AccountsPayableOtherCurrentAndNoncurrent	5074000	USD
CY2011Q4	us-gaap	Accounts Receivable Gross Current AccountsReceivableGrossCurrent	3949000	USD
CY2012Q2	us-gaap	Accounts Receivable Gross Current AccountsReceivableGrossCurrent	3377000	USD
CY2011Q4	us-gaap	Accounts Receivable Net AccountsReceivableNet	3427000	USD
CY2012Q2	us-gaap	Accounts Receivable Net AccountsReceivableNet	2836000	USD
CY2011Q4	us-gaap	Accrual For Taxes Other Than Income Taxes Current And Noncurrent AccrualForTaxesOtherThanIncomeTaxesCurrentAndNoncurrent	9840000	USD
CY2012Q2	us-gaap	Accrual For Taxes Other Than Income Taxes Current And Noncurrent AccrualForTaxesOtherThanIncomeTaxesCurrentAndNoncurrent	11874000	USD
CY2011Q4	us-gaap	Accumulated Amortization Deferred Finance Costs AccumulatedAmortizationDeferredFinanceCosts	4433000	USD
CY2012Q2	us-gaap	Accumulated Amortization Deferred Finance Costs AccumulatedAmortizationDeferredFinanceCosts	4367000	USD
CY2012Q2	us-gaap	Accumulated Distributions In Excess Of Net Income AccumulatedDistributionsInExcessOfNetIncome	232923000	USD
CY2011Q4	us-gaap	Accumulated Distributions In Excess Of Net Income AccumulatedDistributionsInExcessOfNetIncome	216560000	USD
CY2011Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	619386000	USD
CY2012Q2	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	691293000	USD
CY2011Q4	us-gaap	Advance Rent AdvanceRent	6373000	USD
CY2012Q2	us-gaap	Advance Rent AdvanceRent	5998000	USD
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	-2700000	USD
CY2012Q2	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	541000	USD
CY2011Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	522000	USD
CY2011Q4	us-gaap	Allowance For Loan And Lease Losses Real Estate AllowanceForLoanAndLeaseLossesRealEstate	44000	USD
CY2012Q2	us-gaap	Allowance For Loan And Lease Losses Real Estate AllowanceForLoanAndLeaseLossesRealEstate	38000	USD
CY2012Q2	us-gaap	Assets Assets	1296230000	USD
CY2011Q4	us-gaap	Assets Assets	1286516000	USD
	us-gaap	Basis Of Accounting BasisOfAccounting	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">BASIS OF PRESENTATION</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The accompanying unaudited financial statements of EastGroup Properties, Inc. (“EastGroup” or “the Company”) have been prepared in accordance with U.S. generally accepted accounting principles (GAAP) for interim financial information and with the instructions to Form 10-Q and Rule 10-01 of Regulation S-X.  Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements.  In management’s opinion, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included.  The financial statements should be read in conjunction with the financial statements contained in the 2011 annual report on Form 10-K and the notes thereto.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain reclassifications have been made in the 2011 consolidated financial statements to conform to the 2012 presentation.</font></div></div>
	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	19000	USD
	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	0	USD
CY2011Q2	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	0	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	5576000	USD
	us-gaap	Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax	0	USD
CY2012Q2	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	0	USD
CY2011Q2	us-gaap	Business Combination Integration Related Costs BusinessCombinationIntegrationRelatedCosts	0	USD
	us-gaap	Business Combination Integration Related Costs BusinessCombinationIntegrationRelatedCosts	19000	USD
	us-gaap	Business Combination Integration Related Costs BusinessCombinationIntegrationRelatedCosts	0	USD
CY2012Q2	us-gaap	Business Combination Integration Related Costs BusinessCombinationIntegrationRelatedCosts	0	USD
CY2011Q4	us-gaap	Cash Cash	174000	USD
CY2012Q2	us-gaap	Cash Cash	118000	USD
CY2012Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	118000	USD
CY2011Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	100000	USD
CY2011Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	174000	USD
CY2010Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	137000	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-56000	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-37000	USD
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	1.04
CY2011Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2012Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2012Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	70000000	shares
CY2011Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	70000000	shares
CY2012Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	29178725	shares
CY2011Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	27658059	shares
CY2012Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	29178725	shares
CY2011Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	27658059	shares
CY2011Q4	us-gaap	Common Stock Value CommonStockValue	3000	USD
CY2012Q2	us-gaap	Common Stock Value CommonStockValue	3000	USD
CY2012Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	7973000	USD
CY2011Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	5492000	USD
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	10284000	USD
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	13375000	USD
	us-gaap	Interest Paid Capitalized InterestPaidCapitalized	1743000	USD
CY2011Q4	us-gaap	Construction Payable Current And Noncurrent ConstructionPayableCurrentAndNoncurrent	5928000	USD
CY2012Q2	us-gaap	Construction Payable Current And Noncurrent ConstructionPayableCurrentAndNoncurrent	3229000	USD
	us-gaap	Cost Of Real Estate Revenue CostOfRealEstateRevenue	24920000	USD
CY2012Q2	us-gaap	Cost Of Real Estate Revenue CostOfRealEstateRevenue	13400000	USD
	us-gaap	Cost Of Real Estate Revenue CostOfRealEstateRevenue	26444000	USD
CY2011Q2	us-gaap	Cost Of Real Estate Revenue CostOfRealEstateRevenue	12523000	USD
	us-gaap	Cost Of Services Depreciation CostOfServicesDepreciation	24103000	USD
CY2011Q2	us-gaap	Cost Of Services Depreciation CostOfServicesDepreciation	12014000	USD
	us-gaap	Cost Of Services Depreciation CostOfServicesDepreciation	25977000	USD
CY2012Q2	us-gaap	Cost Of Services Depreciation CostOfServicesDepreciation	12899000	USD
CY2012Q2	us-gaap	Costs And Expenses CostsAndExpenses	31477000	USD
	us-gaap	Costs And Expenses CostsAndExpenses	58700000	USD
	us-gaap	Costs And Expenses CostsAndExpenses	63496000	USD
CY2011Q2	us-gaap	Costs And Expenses CostsAndExpenses	29147000	USD
CY2011Q4	us-gaap	Deferred Costs Leasing Accumulated Amortization DeferredCostsLeasingAccumulatedAmortization	16603000	USD
CY2012Q2	us-gaap	Deferred Costs Leasing Accumulated Amortization DeferredCostsLeasingAccumulatedAmortization	17228000	USD
CY2011Q4	us-gaap	Deferred Costs Leasing Gross DeferredCostsLeasingGross	39297000	USD
CY2012Q2	us-gaap	Deferred Costs Leasing Gross DeferredCostsLeasingGross	41240000	USD
CY2011Q4	us-gaap	Deferred Costs Leasing Net DeferredCostsLeasingNet	22694000	USD
CY2012Q2	us-gaap	Deferred Costs Leasing Net DeferredCostsLeasingNet	24012000	USD
CY2011Q4	us-gaap	Deferred Finance Costs Gross DeferredFinanceCostsGross	7662000	USD
CY2012Q2	us-gaap	Deferred Finance Costs Gross DeferredFinanceCostsGross	7824000	USD
CY2011Q4	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	3229000	USD
CY2012Q2	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	3457000	USD
CY2012Q2	us-gaap	Deferred Rent Receivables Net DeferredRentReceivablesNet	21352000	USD
CY2011Q4	us-gaap	Deferred Rent Receivables Net DeferredRentReceivablesNet	20608000	USD
CY2012Q2	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	15541000	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	31381000	USD
CY2011Q2	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	14017000	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	28204000	USD
CY2012Q2	us-gaap	Development In Process DevelopmentInProcess	120417000	USD
CY2011Q4	us-gaap	Development In Process DevelopmentInProcess	112149000	USD
	egp	Rental Income Increase Decrease For Amortization Of Acquired In Place Lease Intangibles RentalIncomeIncreaseDecreaseForAmortizationOfAcquiredInPlaceLeaseIntangibles	234000	USD
CY2011Q2	us-gaap	Discontinued Operation Gain Loss From Disposal Of Discontinued Operation Before Income Tax DiscontinuedOperationGainLossFromDisposalOfDiscontinuedOperationBeforeIncomeTax	0	USD
	us-gaap	Discontinued Operation Gain Loss From Disposal Of Discontinued Operation Before Income Tax DiscontinuedOperationGainLossFromDisposalOfDiscontinuedOperationBeforeIncomeTax	0	USD
	us-gaap	Discontinued Operation Gain Loss From Disposal Of Discontinued Operation Before Income Tax DiscontinuedOperationGainLossFromDisposalOfDiscontinuedOperationBeforeIncomeTax	1869000	USD
CY2012Q2	us-gaap	Discontinued Operation Gain Loss From Disposal Of Discontinued Operation Before Income Tax DiscontinuedOperationGainLossFromDisposalOfDiscontinuedOperationBeforeIncomeTax	1869000	USD
CY2011Q2	us-gaap	Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax	0	USD
CY2012Q2	us-gaap	Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax	0	USD
	us-gaap	Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax	167000	USD
	us-gaap	Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax	-62000	USD
	us-gaap	Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax	17000	USD
CY2012Q2	us-gaap	Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax	25000	USD
CY2011Q2	us-gaap	Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax	-24000	USD
	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	29738000	USD
CY2012Q2	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	1436000	USD
CY2011Q4	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	1415000	USD
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.38
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.48
CY2012Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.28
CY2011Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.20
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.38
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.48
CY2012Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.28
CY2011Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.20
CY2012Q2	us-gaap	Equity Method Investments EquityMethodInvestments	2845000	USD
CY2011Q4	us-gaap	Equity Method Investments EquityMethodInvestments	2757000	USD
CY2012Q2	us-gaap	Finite Lived Intangible Asset Acquired In Place Leases FiniteLivedIntangibleAssetAcquiredInPlaceLeases	10758000	USD
CY2011Q4	us-gaap	Finite Lived Intangible Asset Acquired In Place Leases FiniteLivedIntangibleAssetAcquiredInPlaceLeases	12157000	USD
	us-gaap	Finite Lived Intangible Assets Amortization Expense FiniteLivedIntangibleAssetsAmortizationExpense	2046000	USD
CY2012Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense FiniteLivedIntangibleAssetsAmortizationExpense	977000	USD
	us-gaap	Finite Lived Intangible Assets Amortization Expense FiniteLivedIntangibleAssetsAmortizationExpense	1032000	USD
CY2011Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense FiniteLivedIntangibleAssetsAmortizationExpense	475000	USD
CY2012Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	2536000	USD
CY2011Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	2607000	USD
CY2012Q2	us-gaap	Goodwill Goodwill	990000	USD
CY2011Q4	us-gaap	Goodwill Goodwill	990000	USD
CY2011Q2	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	5516000	USD
CY2012Q2	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	6079000	USD
	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	10346000	USD
	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	11322000	USD
	us-gaap	Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest	10579000	USD
CY2012Q2	us-gaap	Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest	6190000	USD
	us-gaap	Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest	11552000	USD
CY2011Q2	us-gaap	Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest	5639000	USD
CY2011Q2	us-gaap	Income Loss From Continuing Operations Per Basic Share IncomeLossFromContinuingOperationsPerBasicShare	0.20
	us-gaap	Income Loss From Continuing Operations Per Basic Share IncomeLossFromContinuingOperationsPerBasicShare	0.41
CY2012Q2	us-gaap	Income Loss From Continuing Operations Per Basic Share IncomeLossFromContinuingOperationsPerBasicShare	0.21
	us-gaap	Income Loss From Continuing Operations Per Basic Share IncomeLossFromContinuingOperationsPerBasicShare	0.38
	us-gaap	Income Loss From Continuing Operations Per Diluted Share IncomeLossFromContinuingOperationsPerDilutedShare	0.38
CY2011Q2	us-gaap	Income Loss From Continuing Operations Per Diluted Share IncomeLossFromContinuingOperationsPerDilutedShare	0.20
CY2012Q2	us-gaap	Income Loss From Continuing Operations Per Diluted Share IncomeLossFromContinuingOperationsPerDilutedShare	0.21
	us-gaap	Income Loss From Continuing Operations Per Diluted Share IncomeLossFromContinuingOperationsPerDilutedShare	0.41
	us-gaap	Income Loss From Discontinued Operations Net Of Tax IncomeLossFromDiscontinuedOperationsNetOfTax	2053000	USD
CY2011Q2	us-gaap	Income Loss From Discontinued Operations Net Of Tax IncomeLossFromDiscontinuedOperationsNetOfTax	-24000	USD
	us-gaap	Income Loss From Discontinued Operations Net Of Tax IncomeLossFromDiscontinuedOperationsNetOfTax	-62000	USD
CY2012Q2	us-gaap	Income Loss From Discontinued Operations Net Of Tax IncomeLossFromDiscontinuedOperationsNetOfTax	1894000	USD
CY2012Q2	us-gaap	Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity	1894000	USD
CY2011Q2	us-gaap	Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity	-24000	USD
	us-gaap	Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity	2053000	USD
	us-gaap	Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity	-62000	USD
	us-gaap	Income Loss From Discontinued Operations Net Of Tax Per Basic Share IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare	-0.00
CY2012Q2	us-gaap	Income Loss From Discontinued Operations Net Of Tax Per Basic Share IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare	0.07
	us-gaap	Income Loss From Discontinued Operations Net Of Tax Per Basic Share IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare	0.07
CY2011Q2	us-gaap	Income Loss From Discontinued Operations Net Of Tax Per Basic Share IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare	-0.00
	us-gaap	Income Loss From Discontinued Operations Net Of Tax Per Diluted Share IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare	0.07
CY2011Q2	us-gaap	Income Loss From Discontinued Operations Net Of Tax Per Diluted Share IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare	-0.00
CY2012Q2	us-gaap	Income Loss From Discontinued Operations Net Of Tax Per Diluted Share IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare	0.07
	us-gaap	Income Loss From Discontinued Operations Net Of Tax Per Diluted Share IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare	-0.00
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-5020000	USD
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-965000	USD
	us-gaap	Increase Decrease In Operating Assets IncreaseDecreaseInOperatingAssets	-1573000	USD
	us-gaap	Increase Decrease In Operating Assets IncreaseDecreaseInOperatingAssets	-1090000	USD
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	7000	shares
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	4000	shares
CY2012Q2	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	3000	shares
CY2011Q2	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	7000	shares
	us-gaap	Interest Expense InterestExpense	17420000	USD
	us-gaap	Interest Expense InterestExpense	18418000	USD
CY2011Q2	us-gaap	Interest Expense InterestExpense	8542000	USD
CY2012Q2	us-gaap	Interest Expense InterestExpense	8977000	USD
	us-gaap	Interest Paid Capitalized InterestPaidCapitalized	2129000	USD
	egp	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited During Period Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedDuringPeriodWeightedAverageGrantDateFairValue	0
	us-gaap	Interest Paid Net InterestPaidNet	17938000	USD
	us-gaap	Interest Paid Net InterestPaidNet	16871000	USD
CY2011Q4	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	2736000	USD
CY2012Q2	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	2682000	USD
CY2011Q4	us-gaap	Investment Building And Building Improvements InvestmentBuildingAndBuildingImprovements	1056783000	USD
CY2012Q2	us-gaap	Investment Building And Building Improvements InvestmentBuildingAndBuildingImprovements	1068376000	USD
CY2012Q2	us-gaap	Land Land	237907000	USD
CY2011Q4	us-gaap	Land Land	235394000	USD
CY2012Q2	us-gaap	Liabilities Liabilities	835067000	USD
CY2011Q4	us-gaap	Liabilities Liabilities	880907000	USD
CY2011Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1286516000	USD
CY2012Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1296230000	USD
CY2011Q4	us-gaap	Loans And Leases Receivable Consumer Real Estate LoansAndLeasesReceivableConsumerRealEstate	4154000	USD
CY2012Q2	us-gaap	Loans And Leases Receivable Consumer Real Estate LoansAndLeasesReceivableConsumerRealEstate	4150000	USD
CY2011Q4	us-gaap	Minority Interest MinorityInterest	2780000	USD
CY2012Q2	us-gaap	Minority Interest MinorityInterest	2790000	USD
	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	220000	USD
CY2012Q2	us-gaap	Mortgage Loans On Real Estate Commercial And Consumer Net MortgageLoansOnRealEstateCommercialAndConsumerNet	4112000	USD
CY2011Q4	us-gaap	Mortgage Loans On Real Estate Commercial And Consumer Net MortgageLoansOnRealEstateCommercialAndConsumerNet	4110000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-3982000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-15609000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-24714000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-37635000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	40286000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	41561000	USD
CY2012Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	111000	USD
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	233000	USD
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	230000	USD
CY2011Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	123000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	13375000	USD
CY2011Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	5492000	USD
CY2012Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	7973000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	10284000	USD
CY2012Q2	us-gaap	Notes Payable To Bank NotesPayableToBank	120945000	USD
CY2011Q4	us-gaap	Notes Payable To Bank NotesPayableToBank	154516000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	27641000	USD
CY2012Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	14995000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	29627000	USD
CY2011Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	14001000	USD
CY2011Q4	us-gaap	Other Assets OtherAssets	72797000	USD
CY2012Q2	us-gaap	Other Assets OtherAssets	75923000	USD
CY2011Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax Period Increase Decrease OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease	0	USD
	us-gaap	Other Comprehensive Income Loss Net Of Tax Period Increase Decrease OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease	0	USD
	us-gaap	Other Comprehensive Income Loss Net Of Tax Period Increase Decrease OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease	0	USD
CY2012Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax Period Increase Decrease OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease	0	USD
CY2011Q4	us-gaap	Other Liabilities OtherLiabilities	17016000	USD
CY2012Q2	us-gaap	Other Liabilities OtherLiabilities	15917000	USD
CY2012Q2	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	593000	USD
CY2011Q4	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	1459000	USD
	us-gaap	Other Operating Activities Cash Flow Statement OtherOperatingActivitiesCashFlowStatement	-91000	USD
	us-gaap	Other Operating Activities Cash Flow Statement OtherOperatingActivitiesCashFlowStatement	-2187000	USD
	us-gaap	Other Operating Income OtherOperatingIncome	44000	USD
	us-gaap	Other Operating Income OtherOperatingIncome	28000	USD
CY2012Q2	us-gaap	Other Operating Income OtherOperatingIncome	14000	USD
CY2011Q2	us-gaap	Other Operating Income OtherOperatingIncome	21000	USD
CY2012Q2	us-gaap	Other Operating Income Expense Net OtherOperatingIncomeExpenseNet	172000	USD
CY2011Q2	us-gaap	Other Operating Income Expense Net OtherOperatingIncomeExpenseNet	180000	USD
	us-gaap	Other Operating Income Expense Net OtherOperatingIncomeExpenseNet	358000	USD
	us-gaap	Other Operating Income Expense Net OtherOperatingIncomeExpenseNet	343000	USD
	us-gaap	Payments For Capital Improvements PaymentsForCapitalImprovements	9398000	USD
	us-gaap	Payments For Capital Improvements PaymentsForCapitalImprovements	10645000	USD
	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	4767000	USD
	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	3593000	USD
	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	821000	USD
	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	619000	USD
	us-gaap	Payments Of Ordinary Dividends PaymentsOfOrdinaryDividends	27922000	USD
	us-gaap	Payments Of Ordinary Dividends PaymentsOfOrdinaryDividends	29717000	USD
	us-gaap	Payments To Acquire Commercial Real Estate PaymentsToAcquireCommercialRealEstate	0	USD
	us-gaap	Payments To Acquire Commercial Real Estate PaymentsToAcquireCommercialRealEstate	3475000	USD
	us-gaap	Payments To Develop Real Estate Assets PaymentsToDevelopRealEstateAssets	24695000	USD
	us-gaap	Payments To Develop Real Estate Assets PaymentsToDevelopRealEstateAssets	11137000	USD
CY2011Q4	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	8085000	USD
CY2012Q2	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	11799000	USD
	us-gaap	Proceeds From Bank Debt ProceedsFromBankDebt	143560000	USD
	us-gaap	Proceeds From Bank Debt ProceedsFromBankDebt	135491000	USD
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	64202000	USD
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	0	USD
	us-gaap	Proceeds From Issuance Of Secured Debt ProceedsFromIssuanceOfSecuredDebt	54000000	USD
	us-gaap	Proceeds From Issuance Of Secured Debt ProceedsFromIssuanceOfSecuredDebt	65000000	USD
	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	-344000	USD
	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	-100000	USD
	us-gaap	Proceeds From Sale Of Real Estate Heldforinvestment ProceedsFromSaleOfRealEstateHeldforinvestment	0	USD
	us-gaap	Proceeds From Sale Of Real Estate Heldforinvestment ProceedsFromSaleOfRealEstateHeldforinvestment	7399000	USD
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	103000	USD
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	108000	USD
CY2011Q2	us-gaap	Profit Loss ProfitLoss	5615000	USD
CY2012Q2	us-gaap	Profit Loss ProfitLoss	8084000	USD
	us-gaap	Profit Loss ProfitLoss	13605000	USD
	us-gaap	Profit Loss ProfitLoss	10517000	USD
CY2012Q2	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	475389000	USD
CY2011Q4	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	451805000	USD
CY2011Q4	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	1662593000	USD
CY2012Q2	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	1692733000	USD
CY2011Q4	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	1210788000	USD
CY2012Q2	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	1217344000	USD
CY2011Q2	us-gaap	Real Estate Revenue Net RealEstateRevenueNet	43127000	USD
	us-gaap	Real Estate Revenue Net RealEstateRevenueNet	93095000	USD
CY2012Q2	us-gaap	Real Estate Revenue Net RealEstateRevenueNet	46458000	USD
	us-gaap	Real Estate Revenue Net RealEstateRevenueNet	86297000	USD
	us-gaap	Repayments Of Bank Debt RepaymentsOfBankDebt	177131000	USD
	us-gaap	Repayments Of Bank Debt RepaymentsOfBankDebt	118040000	USD
	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	58201000	USD
	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	69399000	USD
	us-gaap	Revenues Revenues	93123000	USD
CY2012Q2	us-gaap	Revenues Revenues	46472000	USD
	us-gaap	Revenues Revenues	86341000	USD
CY2011Q2	us-gaap	Revenues Revenues	43148000	USD
	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	108000	USD
CY2011Q4	us-gaap	Secured Debt SecuredDebt	628170000	USD
CY2012Q2	us-gaap	Secured Debt SecuredDebt	623910000	USD
CY2011Q4	us-gaap	Security Deposit Liability SecurityDepositLiability	9184000	USD
CY2012Q2	us-gaap	Security Deposit Liability SecurityDepositLiability	9326000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	1382000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	2033000	USD
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod	0	shares
CY2012Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod	0	shares
CY2012Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod	19525	shares
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod	111732	shares
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue	48.79
CY2012Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue	48.96
CY2012Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber	276784	shares
CY2012Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber	257259	shares
CY2011Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber	235929	shares
CY2011Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue	38.90
CY2012Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue	41.77
CY2012Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue	42.28
CY2012Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod	0	shares
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod	70877	shares
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue	41.27
CY2012Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue	0.00
	us-gaap	Stock Issued During Period Shares Dividend Reinvestment Plan StockIssuedDuringPeriodSharesDividendReinvestmentPlan	2012	shares
	us-gaap	Stock Issued During Period Shares New Issues StockIssuedDuringPeriodSharesNewIssues	1413023	shares
	us-gaap	Stock Issued During Period Value Dividend Reinvestment Plan StockIssuedDuringPeriodValueDividendReinvestmentPlan	104000	USD
	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	69807000	USD
CY2011Q4	us-gaap	Stockholders Equity StockholdersEquity	402829000	USD
CY2012Q2	us-gaap	Stockholders Equity StockholdersEquity	458373000	USD
CY2012Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	461163000	USD
CY2011Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	405609000	USD
CY2011Q4	us-gaap	Tenant Improvements TenantImprovements	258267000	USD
CY2012Q2	us-gaap	Tenant Improvements TenantImprovements	266033000	USD
CY2011Q4	us-gaap	Unsecured Debt UnsecuredDebt	50000000	USD
CY2012Q2	us-gaap	Unsecured Debt UnsecuredDebt	50000000	USD
	us-gaap	Use Of Estimates UseOfEstimates	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and revenues and expenses during the reporting period and to disclose material contingent assets and liabilities at the date of the financial statements.  Actual results could differ from those estimates.</font></div></div>
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	26884000	shares
CY2012Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	28341000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	28024000	shares
CY2011Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	26897000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	27946000	shares
CY2011Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	26820000	shares
CY2012Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	28246000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	26815000	shares
CY2012Q2	egp	Accumulated Amortization Acquired Above Market Lease Intangibles AccumulatedAmortizationAcquiredAboveMarketLeaseIntangibles	1240000	USD
CY2011Q4	egp	Accumulated Amortization Acquired Above Market Lease Intangibles AccumulatedAmortizationAcquiredAboveMarketLeaseIntangibles	929000	USD
CY2011Q4	egp	Acquired Above Market Lease Intangibles AcquiredAboveMarketLeaseIntangibles	2904000	USD
CY2012Q2	egp	Acquired Above Market Lease Intangibles AcquiredAboveMarketLeaseIntangibles	2805000	USD
CY2011Q4	egp	Acquired Above Market Leases Net Of Accumulated Amortization AcquiredAboveMarketLeasesNetOfAccumulatedAmortization	1975000	USD
CY2012Q2	egp	Acquired Above Market Leases Net Of Accumulated Amortization AcquiredAboveMarketLeasesNetOfAccumulatedAmortization	1565000	USD
CY2012Q2	egp	Acquired In Place Lease Intangibles Accumulated Amortization AcquiredInPlaceLeaseIntangiblesAccumulatedAmortization	-4958000	USD
CY2011Q4	egp	Acquired In Place Lease Intangibles Accumulated Amortization AcquiredInPlaceLeaseIntangiblesAccumulatedAmortization	-4478000	USD
CY2011Q4	egp	Acquired In Place Lease Intangibles Net Of Accumulated Amortization AcquiredInPlaceLeaseIntangiblesNetOfAccumulatedAmortization	7679000	USD
CY2012Q2	egp	Acquired In Place Lease Intangibles Net Of Accumulated Amortization AcquiredInPlaceLeaseIntangiblesNetOfAccumulatedAmortization	5800000	USD
CY2011Q4	egp	Allowance For Doubtful Accounts Receivable Straight Line Rent Current AllowanceForDoubtfulAccountsReceivableStraightLineRentCurrent	351000	USD
CY2012Q2	egp	Allowance For Doubtful Accounts Receivable Straight Line Rent Current AllowanceForDoubtfulAccountsReceivableStraightLineRentCurrent	507000	USD
CY2012Q2	egp	Buildings Useful Life Maximum BuildingsUsefulLifeMaximum	40
	egp	Changes In Accrued Development Costs ChangesInAccruedDevelopmentCosts	661000	USD
	egp	Changes In Accrued Development Costs ChangesInAccruedDevelopmentCosts	-2699000	USD
CY2011Q4	egp	Deferred Rent Receivables Gross DeferredRentReceivablesGross	20959000	USD
CY2012Q2	egp	Deferred Rent Receivables Gross DeferredRentReceivablesGross	21859000	USD
	egp	Depreciation And Amortization From Discontinued Operations DepreciationAndAmortizationFromDiscontinuedOperations	176000	USD
	egp	Depreciation And Amortization From Discontinued Operations DepreciationAndAmortizationFromDiscontinuedOperations	149000	USD
CY2012Q2	egp	Depreciation And Amortization From Discontinued Operations DepreciationAndAmortizationFromDiscontinuedOperations	71000	USD
CY2011Q2	egp	Depreciation And Amortization From Discontinued Operations DepreciationAndAmortizationFromDiscontinuedOperations	89000	USD
CY2011Q2	egp	Discontinued Operation Property Net Operating Income DiscontinuedOperationPropertyNetOperatingIncome	65000	USD
	egp	Discontinued Operation Property Net Operating Income DiscontinuedOperationPropertyNetOperatingIncome	87000	USD
	egp	Discontinued Operation Property Net Operating Income DiscontinuedOperationPropertyNetOperatingIncome	193000	USD
CY2012Q2	egp	Discontinued Operation Property Net Operating Income DiscontinuedOperationPropertyNetOperatingIncome	96000	USD
	egp	Discontinued Operations Expenses From Real Estate Operations DiscontinuedOperationsExpensesFromRealEstateOperations	-111000	USD
CY2012Q2	egp	Discontinued Operations Expenses From Real Estate Operations DiscontinuedOperationsExpensesFromRealEstateOperations	-47000	USD
	egp	Discontinued Operations Expenses From Real Estate Operations DiscontinuedOperationsExpensesFromRealEstateOperations	-115000	USD
CY2011Q2	egp	Discontinued Operations Expenses From Real Estate Operations DiscontinuedOperationsExpensesFromRealEstateOperations	-52000	USD
CY2011Q2	egp	Discontinued Operations Income From Real Estate Operations DiscontinuedOperationsIncomeFromRealEstateOperations	117000	USD
	egp	Discontinued Operations Income From Real Estate Operations DiscontinuedOperationsIncomeFromRealEstateOperations	202000	USD
	egp	Discontinued Operations Income From Real Estate Operations DiscontinuedOperationsIncomeFromRealEstateOperations	304000	USD
CY2012Q2	egp	Discontinued Operations Income From Real Estate Operations DiscontinuedOperationsIncomeFromRealEstateOperations	143000	USD
CY2012Q2	egp	Excess Shares Authorized ExcessSharesAuthorized	30000000	shares
CY2011Q4	egp	Excess Shares Authorized ExcessSharesAuthorized	30000000	shares
CY2011Q4	egp	Excess Shares Issued ExcessSharesIssued	0	shares
CY2012Q2	egp	Excess Shares Issued ExcessSharesIssued	0	shares
CY2012Q2	egp	Excess Shares Par Value ExcessSharesParValue	0.0001
CY2011Q4	egp	Excess Shares Par Value ExcessSharesParValue	0.0001
CY2012Q2	egp	Excess Shares Value ExcessSharesValue	0	USD
CY2011Q4	egp	Excess Shares Value ExcessSharesValue	0	USD
CY2012Q2	egp	Improvements And Personal Property Useful Life Maximum ImprovementsAndPersonalPropertyUsefulLifeMaximum	15
CY2012Q2	egp	Improvements And Personal Property Useful Life Minimum ImprovementsAndPersonalPropertyUsefulLifeMinimum	3
	egp	Incremental Common Shares Attributable To Nonvested Restricted Stock IncrementalCommonSharesAttributableToNonvestedRestrictedStock	62000	shares
CY2012Q2	egp	Incremental Common Shares Attributable To Nonvested Restricted Stock IncrementalCommonSharesAttributableToNonvestedRestrictedStock	92000	shares
CY2011Q2	egp	Incremental Common Shares Attributable To Nonvested Restricted Stock IncrementalCommonSharesAttributableToNonvestedRestrictedStock	70000	shares
	egp	Incremental Common Shares Attributable To Nonvested Restricted Stock IncrementalCommonSharesAttributableToNonvestedRestrictedStock	74000	shares
	egp	Issuance Of Shares Of Common Stock Options Exercised IssuanceOfSharesOfCommonStockOptionsExercised	4500	shares
CY2012Q2	egp	Length Of Time After Project Completion When Development Cost Ceased Being Capitalized LengthOfTimeAfterProjectCompletionWhenDevelopmentCostCeasedBeingCapitalized	P1Y
CY2012Q2	egp	Percentage Of Occupation When Development Cost Ceased Being Capitalized PercentageOfOccupationWhenDevelopmentCostCeasedBeingCapitalized	0.80
	egp	Proceeds From Dividend Reinvestment Plan ProceedsFromDividendReinvestmentPlan	121000	USD
	egp	Proceeds From Dividend Reinvestment Plan ProceedsFromDividendReinvestmentPlan	118000	USD
CY2011Q4	egp	Real Estate Properties RealEstateProperties	1550444000	USD
CY2012Q2	egp	Real Estate Properties RealEstateProperties	1572316000	USD
CY2011Q2	egp	Rental Income Increase Decrease For Amortization Of Acquired In Place Lease Intangibles RentalIncomeIncreaseDecreaseForAmortizationOfAcquiredInPlaceLeaseIntangibles	85000	USD
CY2012Q2	egp	Rental Income Increase Decrease For Amortization Of Acquired In Place Lease Intangibles RentalIncomeIncreaseDecreaseForAmortizationOfAcquiredInPlaceLeaseIntangibles	114000	USD
CY2012Q2	egp	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited During Period Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedDuringPeriodWeightedAverageGrantDateFairValue	0
	egp	Withheld Shares Of Common Stock To Satisfy Tax Withholding Obligations In Connection With Vesting Of Restricted Stock WithheldSharesOfCommonStockToSatisfyTaxWithholdingObligationsInConnectionWithVestingOfRestrictedStock	-812000	USD
	egp	Withheld Shares Of Common Stock To Satisfy Tax Withholding Obligations In Connection With Vesting Of Restricted Stock Shares WithheldSharesOfCommonStockToSatisfyTaxWithholdingObligationsInConnectionWithVestingOfRestrictedStockShares	17927	shares
	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q2
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2012
	dei	Document Period End Date DocumentPeriodEndDate	2012-06-30
	dei	Document Type DocumentType	10-Q
	dei	Entity Central Index Key EntityCentralIndexKey	0000049600
CY2012Q3	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	29178725	shares
	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
CY2011Q2	dei	Entity Public Float EntityPublicFloat	1104183000	USD
	dei	Entity Registrant Name EntityRegistrantName	EastGroup Properties Inc
	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	Yes

Files In Submission

Name	View Source	Status
0000049600-12-000021-index-headers.html	Edgar Link	pending
0000049600-12-000021-index.html	Edgar Link	pending
0000049600-12-000021.txt	Edgar Link	pending
0000049600-12-000021-xbrl.zip	Edgar Link	pending
egp-20120630.xml	Edgar Link	completed
egp-20120630.xsd	Edgar Link	pending
egp-20120630_cal.xml	Edgar Link	unprocessable
egp-20120630_def.xml	Edgar Link	unprocessable
egp-20120630_lab.xml	Edgar Link	unprocessable
egp-20120630_pre.xml	Edgar Link	unprocessable
egp630201210-q.htm	Edgar Link	pending
egplogonew.jpg	Edgar Link	pending
exhibit31aq2.htm	Edgar Link	pending
exhibit31bq2.htm	Edgar Link	pending
exhibit32aq2.htm	Edgar Link	pending
exhibit32bq2.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xls	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
R36.htm	Edgar Link	pending
R37.htm	Edgar Link	pending
R38.htm	Edgar Link	pending
R39.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
R41.htm	Edgar Link	pending
R42.htm	Edgar Link	pending
R43.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$EGP
EASTGROUP PROPERTIES INC Stock $egp

2012 Q2 Form 10-Q Financial Statement

#000004960012000021 Filed on July 24, 2012

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$EGP EASTGROUP PROPERTIES INC Stock $egp

2012 Q2 Form 10-Q Financial Statement

#000004960012000021 Filed on July 24, 2012

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$EGP
EASTGROUP PROPERTIES INC Stock $egp