---
schema_version: "secwatch.filing_event.v1"
accession: "0001102238-21-000024"
form_type: "8-K"
ticker: "ARL"
cik: "0001102238"
company_name: "AMERICAN REALTY INVESTORS INC"
filed_at: "2021-11-10T23:59:59+00:00"
generated_at: "2026-06-28T09:43:33.218537+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# American Realty Investors reports Q3 2021 net loss of $19.4M ($1.20/share) on revenue decline

## Summary
- Net loss attributable to common shares of $19.4M ($1.20 diluted EPS) vs $8.0M ($0.50) in Q3 2020, loss widened.
- Rental revenues fell to $9.6M from $11.5M YoY, driven by sale of 600 Las Colinas and lower commercial occupancy.
- Sold 600 Las Colinas office building for $74.8M, netting $38.8M in cash after loan repayment; gain of $27.3M.
- Refinanced Villas at Bon Secour with $20M loan at 3.08% (92 bps reduction), generating $8.9M additional proceeds.
- Overall occupancy 93% (97% multifamily, 70% commercial); rent collection at 94% for the quarter.

## SEC filing metadata
- accession: 0001102238-21-000024
- form_type: 8-K
- ticker: ARL
- cik: 0001102238
- company_name: AMERICAN REALTY INVESTORS INC
- filed_at: 2021-11-10T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1102238/000110223821000024/0001102238-21-000024-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1102238/000110223821000024/arl-20211110.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001102238-21-000024
- JSON: https://secwatch.observer/filing/0001102238-21-000024.json
- Plain text: https://secwatch.observer/filing/0001102238-21-000024.txt

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