Company: EGP
Filing Date: 2025-02-12
Form Type: 10-K
Source: 0000049600-25-000019
Chunk: 14

Company: EASTGROUP PROPERTIES INC
Filing Date: 2025-02-12
Form: 10-K
Item: Item 15
Chunk 14
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 INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY

CommonSharesAdditionalPaid-InCapitalDistributionsIn ExcessOf EarningsAccumulatedOtherComprehensiveIncome NoncontrollingInterest inJoint VenturesTotal(In thousands, except share and per share data)BALANCE, DECEMBER 31, 2021$4 1,886,820 (318,056)1,302 1,390 1,571,460 Net income— — 186,182 — 92 186,274 Net unrealized change in fair value of interest rate swaps— — — 35,069 — 35,069 Common dividends declared – $4.70 per share— — (203,024)— — (203,024)Stock-based compensation, net of forfeitures— 10,802 — — — 10,802 Issuance of 393,406 shares of common stock, common stock offering, net of expenses— 75,375 — — — 75,375 Issuance of 1,868,809 shares of common stock, net of expenses in the purchase of real estate— 303,682 — — — 303,682 Withheld 34,251 shares of common stock to satisfy tax withholding obligations in connection with the vesting of restricted stock— (7,265)— — — (7,265)Withheld 770 shares of common stock to satisfy   tax withholding obligations in connection with the issuance of common stock— (111)— — — (111)Net distributions to noncontrolling interest— — — — (220)(220)Purchase of noncontrolling interest in joint venture— (17,782)— — (821)(18,603)BALANCE, DECEMBER 31, 20224 2,251,521 (334,898)36,371 441 1,953,439 Net income— — 200,491 — 57 200,548 Net unrealized change in fair value of interest rate swaps— — — (11,483)— (11,483)Common dividends declared – $5.04 per share— — (232,066)— — (232,066)Stock-based compensation, net of forfeitures