{"schema_version":"secwatch.filing_event.v1","accession":"0001102238-23-000024","form_type":"8-K","ticker":"ARL","cik":"0001102238","company_name":"AMERICAN REALTY INVESTORS INC","filed_at":"2023-11-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:28.229982+00:00","generated_at":"2026-06-08T06:04:35.471862+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"American Realty Investors Q3 net income $3.0M vs $302.3M YoY; rental revenue up to $11.8M","bullets":["Net income attributable to common shares of $3.0M ($0.18/diluted) vs $302.3M ($18.72) in Q3 2022, due to absence of VAA portfolio gain.","Rental revenue increased 57% YoY to $11.8M, driven by multifamily acquisition; net operating loss improved to $2.1M from $3.2M.","Total portfolio occupancy 79% at Sep 30, 2023 (multifamily 96%, commercial 49%).","Obtained $25.4M construction loan to build 216-unit multifamily property in McKinney, TX on Nov 6, 2023.","Paid off $1.2M loan on Athens property in August 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001102238-23-000024","json":"https://secwatch.observer/filing/0001102238-23-000024.json","markdown":"https://secwatch.observer/filing/0001102238-23-000024.md","text":"https://secwatch.observer/filing/0001102238-23-000024.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1102238/000110223823000024/0001102238-23-000024-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1102238/000110223823000024/arl-20231109.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T06:04:35.471862+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":"95d5feb96dbc40f3061e0817afc08d3ee35fc840","claim":"AMERICAN REALTY INVESTORS INC reported the three months ended September 30, 2023 results: revenue $11.8 million, net income $3.0 million, EPS $0.18 per diluted share.","evidence_excerpt":"a 216 unit multifamily property in McKinney, Texas. Financial Results Rental revenues increased $4.3 million from $7.6 million for the three months ended September 30, 2022 to $11.8 million for the three months ended September 30, 2023 . The increase in rental revenue is primarily due to $5.0 million increase at our multifamily properties offset in part by a","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1102238/000110223823000024/0001102238-23-000024-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended September 30, 2023"},{"label":"Revenue","value":"$11.8 million"},{"label":"Net income","value":"$3.0 million"},{"label":"EPS","value":"$0.18 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"}