---
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"
generated_at: "2026-06-04T10:42:45.830467+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Transcontinental Realty reports Q4 net loss of $2.6M vs net income of $58.9M in Q4 2022

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: negative
- 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/733590/000073359024000005/0000733590-24-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/733590/000073359024000005/tci-20240321.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000733590-24-000005
- JSON: https://secwatch.observer/filing/0000733590-24-000005.json
- Plain text: https://secwatch.observer/filing/0000733590-24-000005.txt

## Key facts
- Earnings Releases
  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.
  - Period: the quarter ended December 31, 2023
  - Revenue: $12.8 million
  - Net income: net loss of $2.6 million
  - EPS: $0.30 per diluted share
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/733590/000073359024000005/0000733590-24-000005-index.htm

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