---
schema_version: "secwatch.filing_event.v1"
accession: "0000733590-22-000011"
form_type: "8-K"
ticker: "TCI"
cik: "0000733590"
company_name: "TRANSCONTINENTAL REALTY INVESTORS INC"
filed_at: "2022-05-13T23:59:59+00:00"
generated_at: "2026-06-25T17:16:51.754939+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Transcontinental Realty Q1 net income falls 36% to $14.5M; rental revenue declines on property sale

## Summary
- Net income attributable to company of $14.5M ($1.68/diluted share) vs $22.6M ($2.62) in Q1 2021.
- Rental revenues dropped 28% to $7.5M from $10.4M, primarily due to sale of 600 Las Colinas in 2021.
- Net operating loss widened to $4.1M from $2.2M year-over-year.
- Sold Toulon multifamily property in Mississippi for $26.8M in Jan 2022, generating $9.4M gain.
- Occupancy at 90% (94% multifamily, 70% commercial); rent collection at 98%.

## SEC filing metadata
- accession: 0000733590-22-000011
- form_type: 8-K
- ticker: TCI
- cik: 0000733590
- company_name: TRANSCONTINENTAL REALTY INVESTORS INC
- filed_at: 2022-05-13T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/733590/000073359022000011/0000733590-22-000011-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/733590/000073359022000011/tci-20220513.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000733590-22-000011
- JSON: https://secwatch.observer/filing/0000733590-22-000011.json
- Plain text: https://secwatch.observer/filing/0000733590-22-000011.txt

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