secwatch.observer — SEC 8-K summary
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Issuer:     AMERICAN REALTY INVESTORS INC (ARL)
CIK:        0001102238
Form:       8-K
Filed at:   2022-08-12T23:59:59+00:00
Accession:  0001102238-22-000020
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

American Realty Investors swings to Q2 net income of $16.3M from $27.3M loss
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- Net income attributable to company of $16.3M ($1.01 diluted EPS) vs net loss of $27.3M (-$1.69) in Q2 2021.
- Rental revenues fell 28% to $7.3M from $10.2M, driven by property sales (600 Las Colinas, Toulon).
- Net operating loss improved to $3.0M from $8.8M, aided by lower legal costs and property sale gains.
- Total occupancy 90% (93% multifamily, 69% commercial); rent collection 97% overall.
- Net income boost benefited from $18.9M gain on foreign currency transactions due to USD/ILS rate changes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1102238/000110223822000020/0001102238-22-000020-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1102238/000110223822000020/arl-20220812.htm
  HTML page:      https://secwatch.observer/filing/0001102238-22-000020

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