{"schema_version":"secwatch.filing_event.v1","accession":"0000733590-24-000005","form_type":"8-K","ticker":"TCI","cik":"0000733590","company_name":"TRANSCONTINENTAL REALTY INVESTORS INC","filed_at":"2024-03-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.798829+00:00","generated_at":"2026-06-04T10:42:45.830467+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Transcontinental Realty reports Q4 net loss of $2.6M vs net income of $58.9M in Q4 2022","bullets":["Net loss of $2.6M ($0.30/diluted share) vs net income of $58.9M ($6.82/share) in Q4 2022.","Rental revenue rose $1.0M to $12.8M; net operating income swung to a loss of $2.1M from +$0.5M.","Total occupancy 77%; multifamily 92%, commercial 49% as of Dec 31, 2023.","Entered two construction loans totaling $48.9M for 216-unit multifamily projects in McKinney and Temple, TX.","Extended Windmill Farms loan to Feb 2026 at 7.50% interest."],"urls":{"canonical":"https://secwatch.observer/filing/0000733590-24-000005","json":"https://secwatch.observer/filing/0000733590-24-000005.json","markdown":"https://secwatch.observer/filing/0000733590-24-000005.md","text":"https://secwatch.observer/filing/0000733590-24-000005.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/733590/000073359024000005/0000733590-24-000005-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/733590/000073359024000005/tci-20240321.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T10:42:45.830467+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":"47ffcec6d938505fb88c755c06a447991aa2b41d","claim":"TRANSCONTINENTAL REALTY INVESTORS INC reported the quarter ended December 31, 2023 results: revenue $12.8 million, net income net loss of $2.6 million, EPS $0.30 per diluted share.","evidence_excerpt":"to February 28, 2026 at an interest rate of 7.50%. Financial Results Rental revenues increased $1.0 million from $11.8 million for the three months ended December 31, 2022 to $12.8 million for the three months ended December 31, 2023. The increase in rental revenue is primarily due to $0.9 million increase at our multifamily properties and $0.1 million at the","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/733590/000073359024000005/0000733590-24-000005-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended December 31, 2023"},{"label":"Revenue","value":"$12.8 million"},{"label":"Net income","value":"net loss of $2.6 million"},{"label":"EPS","value":"$0.30 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"}