{"schema_version":"secwatch.filing_event.v1","accession":"0000733590-23-000017","form_type":"8-K","ticker":"TCI","cik":"0000733590","company_name":"TRANSCONTINENTAL REALTY INVESTORS INC","filed_at":"2023-08-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.540216+00:00","generated_at":"2026-06-11T19:56:45.829368+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Q2 net income drops to $0.5M ($0.06/diluted) from $16.5M ($1.91) a year ago","bullets":["Net income fell $15.9M year-over-year due to $14.1M decrease in gain on foreign currency transactions.","Rental revenues rose to $11.4M from $7.3M, driven by multifamily acquisitions.","Net operating loss increased to $3.5M from $2.8M, partly on higher legal costs.","Total occupancy 81% (multifamily 93%, commercial 59%) at June 30, 2023.","Repaid $67.5M Series C bonds in Jan and $42.9M Series A/B bonds in May; subsidiary exited TASE."],"urls":{"canonical":"https://secwatch.observer/filing/0000733590-23-000017","json":"https://secwatch.observer/filing/0000733590-23-000017.json","markdown":"https://secwatch.observer/filing/0000733590-23-000017.md","text":"https://secwatch.observer/filing/0000733590-23-000017.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/733590/000073359023000017/0000733590-23-000017-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/733590/000073359023000017/tci-20230810.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T19:56:45.829368+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"cee611bc80bd7384945db9682c14cb675e625dec","claim":"TRANSCONTINENTAL REALTY INVESTORS INC reported three months ended June 30, 2023 results: revenue 11.4 million, net income 0.5 million, EPS 0.06.","evidence_excerpt":"Ltd. withdrew from the Tel Aviv Stock Exchange (“TASE”). Financial Results Rental revenues increased $4.1 million from $7.3 million for the three months ended June 30, 2022 to $11.4 million for the three months ended June 30, 2023. The increase in rental revenue is primarily due to $4.7 million increase at our multifamily properties offset in part by a decrease of","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/733590/000073359023000017/0000733590-23-000017-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three months ended June 30, 2023"},{"label":"Revenue","value":"11.4 million"},{"label":"Net income","value":"0.5 million"},{"label":"EPS","value":"0.06"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}