secwatch.observer — SEC 8-K summary
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Issuer:     AMERICAN REALTY INVESTORS INC (ARL)
CIK:        0001102238
Form:       8-K
Filed at:   2023-03-24T23:59:59+00:00
Accession:  0001102238-23-000009
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

American Realty Q4 net income $43.4M vs year-ago loss; VAA portfolio acquisition drives results
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- 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).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1102238/000110223823000009/0001102238-23-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1102238/000110223823000009/arl-20230324.htm
  HTML page:      https://secwatch.observer/filing/0001102238-23-000009

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