---
schema_version: "secwatch.filing_event.v1"
accession: "0000733590-22-000017"
form_type: "8-K"
ticker: "TCI"
cik: "0000733590"
company_name: "TRANSCONTINENTAL REALTY INVESTORS INC"
filed_at: "2022-08-12T23:59:59+00:00"
generated_at: "2026-06-24T00:33:15.679043+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Transcontinental Realty swings to Q2 net income of $16.5M from prior-year loss of $30.7M

## Summary
- Net income of $16.5M ($1.91 diluted EPS) vs net loss of $30.7M (-$3.56 EPS) in Q2 2021.
- Rental revenues decreased to $7.3M from $10.2M due to property sales in 2021 & Q1 2022.
- Net operating loss narrowed to $2.8M from $5.2M, helped by reduced legal costs from 2021 arbitration settlement.
- Total occupancy 90% (93% multifamily, 69% commercial); rent collection 97% overall.
- Results benefited from $18.9M gain on foreign currency transactions due to USD/ILS exchange rate.

## SEC filing metadata
- accession: 0000733590-22-000017
- form_type: 8-K
- ticker: TCI
- cik: 0000733590
- company_name: TRANSCONTINENTAL REALTY INVESTORS INC
- filed_at: 2022-08-12T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/733590/000073359022000017/0000733590-22-000017-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/733590/000073359022000017/tci-20220812.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000733590-22-000017
- JSON: https://secwatch.observer/filing/0000733590-22-000017.json
- Plain text: https://secwatch.observer/filing/0000733590-22-000017.txt

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