secwatch.observer — SEC 8-K summary
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Issuer:     AMERICAN REALTY INVESTORS INC (ARL)
CIK:        0001102238
Form:       8-K
Filed at:   2022-05-13T23:59:59+00:00
Accession:  0001102238-22-000015
Event type: earnings
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ARL Q1 net income $11.3M ($0.70) down from $18.1M ($1.12) YoY
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- Net income $11.3M ($0.70 diluted) vs $18.1M ($1.12) in Q1 2021.
- Rental revenues $7.5M, down $2.9M from $10.4M, due to sale of 600 Las Colinas.
- Sold Toulon multifamily for $26.8M, gain $9.4M; proceeds paid $14.7M mortgage.
- Overall occupancy 90% (94% multifamily, 70% commercial); rent collection 98%.
- $38.8M loan on Stanford Center extended to Feb 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1102238/000110223822000015/0001102238-22-000015-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1102238/000110223822000015/arl-20220513.htm
  HTML page:      https://secwatch.observer/filing/0001102238-22-000015

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