{"schema_version":"secwatch.filing_event.v1","accession":"0001102238-23-000009","form_type":"8-K","ticker":"ARL","cik":"0001102238","company_name":"AMERICAN REALTY INVESTORS INC","filed_at":"2023-03-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:43.873166+00:00","generated_at":"2026-06-17T16:11:59.740822+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"American Realty Q4 net income $43.4M vs year-ago loss; VAA portfolio acquisition drives results","bullets":["Net income $43.4M ($2.69 diluted EPS) vs net loss $6.8M (-$0.42) in Q4 2021.","Received $204M distribution from VAA Sale Portfolio; gained control of seven multifamily properties valued at $219.5M.","Gain on remeasurement of VAA Holdback Portfolio was $73.2M.","Paid off $38.5M loan on Stanford Center (Oct 2022) and $66.5M Series C bonds (Jan 2023)."],"urls":{"canonical":"https://secwatch.observer/filing/0001102238-23-000009","json":"https://secwatch.observer/filing/0001102238-23-000009.json","markdown":"https://secwatch.observer/filing/0001102238-23-000009.md","text":"https://secwatch.observer/filing/0001102238-23-000009.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1102238/000110223823000009/0001102238-23-000009-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1102238/000110223823000009/arl-20230324.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T16:11:59.740822+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":"6eab5251f7cda23cc368a21103847897ad6fc598","claim":"AMERICAN REALTY INVESTORS INC reported the quarter ended December 31, 2022 results: revenue $11.8 million, net income $43.4 million, EPS $2.69 per diluted share.","evidence_excerpt":"cash received from sale of the VAA Sale Portfolio . Financial Results Rental revenues increased $4.1 million from $7.6 million for the three months ended December 31, 2021 to $11.8 million for the three months ended December 31, 2022 . The increase in rental revenue is primarily due to $4.9 million increase at our multifamily properties offset in part by a decrease","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1102238/000110223823000009/0001102238-23-000009-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended December 31, 2022"},{"label":"Revenue","value":"$11.8 million"},{"label":"Net income","value":"$43.4 million"},{"label":"EPS","value":"$2.69 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"}