---
schema_version: "secwatch.filing_event.v1"
accession: "0001102238-24-000028"
form_type: "8-K"
ticker: "ARL"
cik: "0001102238"
company_name: "AMERICAN REALTY INVESTORS INC"
filed_at: "2024-11-07T23:59:59+00:00"
generated_at: "2026-05-30T03:16:20.086382+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# American Realty Investors posts Q3 net loss of $17.5M on $23.4M litigation settlement

## Summary
- Net loss of $17.5M ($1.08 diluted EPS) vs. net income of $3.0M ($0.18 diluted EPS) in Q3 2023.
- Rental revenues fell to $11.1M, down $0.8M YoY; overall occupancy at 79%.
- Accrued $23.4M loss from Clapper litigation settlement, driving net loss.
- Obtained $27.5M construction loan for 234-unit Mountain Creek multifamily development (total cost ~$49.8M).
- Signed 45k sq ft Stanford Center lease, increasing occupancy 14% and rent 20% over prior leases.

## SEC filing metadata
- accession: 0001102238-24-000028
- form_type: 8-K
- ticker: ARL
- cik: 0001102238
- company_name: AMERICAN REALTY INVESTORS INC
- filed_at: 2024-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1102238/000110223824000028/0001102238-24-000028-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1102238/000110223824000028/arl-20241107.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001102238-24-000028
- JSON: https://secwatch.observer/filing/0001102238-24-000028.json
- Plain text: https://secwatch.observer/filing/0001102238-24-000028.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.