{"schema_version":"secwatch.filing_event.v1","accession":"0001102238-24-000014","form_type":"8-K","ticker":"ARL","cik":"0001102238","company_name":"AMERICAN REALTY INVESTORS INC","filed_at":"2024-05-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:17.293938+00:00","generated_at":"2026-06-02T04:49:47.649431+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"American Realty Investors Q1 net income falls to $1.8M from $3.0M YoY","bullets":["Net income attributable to common shares of $1.8M ($0.11 diluted EPS) vs $3.0M ($0.18) in Q1 2023.","Rental revenues up $0.3M to $11.3M; multifamily occupancy 94%, commercial 49%.","Net operating loss improved to $1.5M from $3.1M YoY, driven by lower bond-related G&A.","Extended Windmill Farms loan maturity to Feb 2026 at 7.50% interest rate."],"urls":{"canonical":"https://secwatch.observer/filing/0001102238-24-000014","json":"https://secwatch.observer/filing/0001102238-24-000014.json","markdown":"https://secwatch.observer/filing/0001102238-24-000014.md","text":"https://secwatch.observer/filing/0001102238-24-000014.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1102238/000110223824000014/0001102238-24-000014-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1102238/000110223824000014/arl-20240509.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T04:49:47.649431+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":"2abe2d72214b80b3d800a179ec7ffb7e97110f9b","claim":"AMERICAN REALTY INVESTORS INC reported three months ended March 31, 2024 results: revenue $11.3 million, net income $1.8 million, EPS $0.11 per diluted share.","evidence_excerpt":"Farms to February 28, 2026 at an interest rate of 7.50%. Financial Results Rental revenues increased $0.3 million from $11.0 million for the three months ended March 31, 2023 to $11.3 million for the three months ended March 31, 2024 . The increase in rental revenue is primarily due to $0.7 million increase at our multifamily properties offset in part by a decrease of","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1102238/000110223824000014/0001102238-24-000014-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three months ended March 31, 2024"},{"label":"Revenue","value":"$11.3 million"},{"label":"Net income","value":"$1.8 million"},{"label":"EPS","value":"$0.11 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"}