{"schema_version":"secwatch.filing_event.v1","accession":"0000733590-24-000013","form_type":"8-K","ticker":"TCI","cik":"0000733590","company_name":"TRANSCONTINENTAL REALTY INVESTORS INC","filed_at":"2024-05-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.872598+00:00","generated_at":"2026-06-02T07:36:25.016598+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"TCI posts Q1 net income of $2.5M ($0.30 EPS), down from $3.5M ($0.41 EPS) YoY","bullets":["Net income attributable to common shares $2.5M ($0.30 diluted EPS) vs $3.5M ($0.41) in Q1 2023.","Rental revenue up $0.3M to $11.3M; total occupancy 79% (multifamily 94%, commercial 49%).","Net operating loss improved from $2.6M loss to $1.3M loss due to lower G&A from bonds repaid in 2023.","Extended Windmill Farms loan maturity to Feb 2026 at 7.50% interest rate.","Decrease in net income driven by lower interest income and foreign currency gains."],"urls":{"canonical":"https://secwatch.observer/filing/0000733590-24-000013","json":"https://secwatch.observer/filing/0000733590-24-000013.json","markdown":"https://secwatch.observer/filing/0000733590-24-000013.md","text":"https://secwatch.observer/filing/0000733590-24-000013.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/733590/000073359024000013/0000733590-24-000013-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/733590/000073359024000013/tci-20240509.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T07:36:25.016598+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":"f476c0b97f89f3dc85eb4152088c720a9e545472","claim":"TRANSCONTINENTAL REALTY INVESTORS INC reported three months ended March 31, 2024 results: net income $2.5 million or $0.30 per diluted share, EPS $0.30 per diluted share.","evidence_excerpt":"Transcontinental Realty Investors, Inc. reports Earnings for Q1 2024 DALLAS (May 9, 2024) -- Transcontinental Realty Investors, Inc. (NYSE:TCI) is reporting its results of operations for the three months ended March 31, 2024. For the three months ended March 31, 2024, we reported net income attributable to common shares of $2.5 million or $0.30 per diluted share, compared to a net income of $3.5 million or $0.41 per diluted share for the same period in 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/733590/000073359024000013/0000733590-24-000013-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three months ended March 31, 2024"},{"label":"Net income","value":"$2.5 million or $0.30 per diluted share"},{"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"}