{"schema_version":"secwatch.filing_event.v1","accession":"0001102238-24-000006","form_type":"8-K","ticker":"ARL","cik":"0001102238","company_name":"AMERICAN REALTY INVESTORS INC","filed_at":"2024-03-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.370783+00:00","generated_at":"2026-06-04T09:32:25.327276+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"American Realty reports Q4 2023 net loss of $2.1M vs net income of $43.4M in Q4 2022","bullets":["Net loss per diluted share $0.13 compared to net income of $2.69 in prior-year quarter.","Rental revenues increased $1.0M to $12.8M; net operating income swung to loss of $2.2M from $1.4M income.","Entered $25.4M construction loan for Merano multifamily (216 units) in McKinney, TX, expected completion 2025.","Entered $23.5M construction loan for Bandera Ridge multifamily (216 units) in Temple, TX, expected completion 2025.","Extended Windmill Farms loan maturity to Feb 2026 at 7.50% interest rate."],"urls":{"canonical":"https://secwatch.observer/filing/0001102238-24-000006","json":"https://secwatch.observer/filing/0001102238-24-000006.json","markdown":"https://secwatch.observer/filing/0001102238-24-000006.md","text":"https://secwatch.observer/filing/0001102238-24-000006.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1102238/000110223824000006/0001102238-24-000006-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1102238/000110223824000006/arl-20240321.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T09:32:25.327276+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":"99d406030071b0adb5c787c147c7a496a0aa5b08","claim":"AMERICAN REALTY INVESTORS INC reported the quarter ended December 31, 2023 results: revenue $12.8 million, net income net loss attributable to common shares of $2.1 million, EPS $0.13 per diluted share.","evidence_excerpt":"to February 28, 2026 at an interest rate of 7.50%. Financial Results Rental revenues increased $1.0 million from $11.8 million for the three months ended December 31, 2022 to $12.8 million for the three months ended December 31, 2023 . The increase in rental revenue is primarily due to $0.9 million increase at our multifamily properties and an increase of $0.1","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1102238/000110223824000006/0001102238-24-000006-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended December 31, 2023"},{"label":"Revenue","value":"$12.8 million"},{"label":"Net income","value":"net loss attributable to common shares of $2.1 million"},{"label":"EPS","value":"$0.13 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"}