secwatch.observer — SEC 8-K summary
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Issuer:     AMERICAN REALTY INVESTORS INC (ARL)
CIK:        0001102238
Form:       8-K
Filed at:   2024-05-09T23:59:59+00:00
Accession:  0001102238-24-000014
Event type: earnings
Sentiment:  negative
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

American Realty Investors Q1 net income falls to $1.8M from $3.0M YoY
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1102238/000110223824000014/0001102238-24-000014-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1102238/000110223824000014/arl-20240509.htm
  HTML page:      https://secwatch.observer/filing/0001102238-24-000014

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