{"schema_version":"secwatch.filing_event.v1","accession":"0001102238-25-000025","form_type":"8-K","ticker":"ARL","cik":"0001102238","company_name":"AMERICAN REALTY INVESTORS INC","filed_at":"2025-11-06T23:59:59+00:00","discovered_at":"2026-05-14T18:02:38.799348+00:00","generated_at":"2026-05-16T23:21:21.246908+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"ARL swings to Q3 profit $0.01 EPS from $1.08 loss; revenue up 10%","bullets":["Net income of $0.1M ($0.01 diluted EPS) vs net loss of $17.5M ($1.08 loss) in Q3 2024.","Revenue increased to $12.8M from $11.6M, driven by multifamily and commercial property revenue gains.","Overall occupancy 82% (94% multifamily, 58% commercial); lease-up started at three new properties.","Sold Villas at Bon Secour (200 units, Gulf Shores, AL) for $28M; used proceeds to pay off $18.8M loan.","Net operating loss improved to $1.6M from $2.1M as revenue growth outpaced expense increases."],"urls":{"canonical":"https://secwatch.observer/filing/0001102238-25-000025","json":"https://secwatch.observer/filing/0001102238-25-000025.json","markdown":"https://secwatch.observer/filing/0001102238-25-000025.md","text":"https://secwatch.observer/filing/0001102238-25-000025.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1102238/000110223825000025/0001102238-25-000025-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1102238/000110223825000025/arl-20251106.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T23:21:21.246908+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}