{"schema_version":"secwatch.filing_event.v1","accession":"0000733590-23-000022","form_type":"8-K","ticker":"TCI","cik":"0000733590","company_name":"TRANSCONTINENTAL REALTY INVESTORS INC","filed_at":"2023-11-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.866741+00:00","generated_at":"2026-06-08T08:08:59.151995+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Transcontinental Realty Q3 net income falls to $4.5M from $378.4M YoY; EPS $0.52 vs $43.79","bullets":["Net income attributable to common shares $4.5M ($0.52 diluted EPS) vs $378.4M ($43.79) in Q3 2022; prior year included gain on sale of VAA portfolio.","Rental revenues rose to $11.8M from $7.6M due to multifamily acquisitions, partially offset by commercial decline.","Total occupancy 79% (multifamily 96%, commercial 49%) at September 30, 2023.","Obtained $25.4M construction loan for 216-unit multifamily property in McKinney, TX on Nov 6, 2023.","Paid off $1.2M loan on Athens property on Aug 28, 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0000733590-23-000022","json":"https://secwatch.observer/filing/0000733590-23-000022.json","markdown":"https://secwatch.observer/filing/0000733590-23-000022.md","text":"https://secwatch.observer/filing/0000733590-23-000022.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/733590/000073359023000022/0000733590-23-000022-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/733590/000073359023000022/tci-20231109.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T08:08:59.151995+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":"23de05a402463a6fb16c2794e02758b04af18a3c","claim":"TRANSCONTINENTAL REALTY INVESTORS INC reported three months ended September 30, 2023 results: revenue $11.8 million, net income $4.5 million, EPS $0.52 per diluted share.","evidence_excerpt":"a 216 unit multifamily property in McKinney, Texas. Financial Results Rental revenues increased $4.3 million from $7.6 million for the three months ended September 30, 2022 to $11.8 million for the three months ended September 30, 2023. The increase in rental revenue is primarily due to $5.0 million increase at our multifamily properties offset in part by a decrease","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/733590/000073359023000022/0000733590-23-000022-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three months ended September 30, 2023"},{"label":"Revenue","value":"$11.8 million"},{"label":"Net income","value":"$4.5 million"},{"label":"EPS","value":"$0.52 per diluted share"},{"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"}