---
schema_version: "secwatch.filing_event.v1"
accession: "0000733590-21-000018"
form_type: "8-K"
ticker: "TCI"
cik: "0000733590"
company_name: "TRANSCONTINENTAL REALTY INVESTORS INC"
filed_at: "2021-08-11T23:59:59+00:00"
generated_at: "2026-06-29T15:50:20.502581+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Transcontinental Realty Q2 net loss widens to $30.7M on $29.6M earn-out charge

## Summary
- Net loss of $30.7M ($3.56 per diluted share) compared to $4.2M ($0.48 per share) in Q2 2020.
- Arbitration verdict on VAA joint venture earn-out requires $39.6M payment to Macquarie, a $29.6M increase.
- Rental revenues fell 12% to $10.2M; net operating loss of $5.2M vs income of $0.6M in Q2 2020.
- Rent collection 96% (96% multifamily, 97% office); total occupancy 91% (95% multifamily, 73% commercial).

## SEC filing metadata
- accession: 0000733590-21-000018
- form_type: 8-K
- ticker: TCI
- cik: 0000733590
- company_name: TRANSCONTINENTAL REALTY INVESTORS INC
- filed_at: 2021-08-11T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/733590/000073359021000018/0000733590-21-000018-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/733590/000073359021000018/tci-20210811.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000733590-21-000018
- JSON: https://secwatch.observer/filing/0000733590-21-000018.json
- Plain text: https://secwatch.observer/filing/0000733590-21-000018.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.