{"schema_version":"secwatch.filing_event.v1","accession":"0001102238-26-000006","form_type":"8-K","ticker":"ARL","cik":"0001102238","company_name":"AMERICAN REALTY INVESTORS INC","filed_at":"2026-03-12T23:59:59+00:00","discovered_at":"2026-05-14T18:02:34.542409+00:00","generated_at":"2026-05-15T12:54:07.579536+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":"American Realty Q4 2025 net income $9.8M vs loss $0.2M YoY; revenue up to $13M","bullets":["Net income attributable to common shares of $9.8M ($0.60 diluted EPS) vs net loss of $0.2M ($0.01 loss) in Q4 2024.","Revenue increased $1.0M to $13.0M, driven by higher commercial occupancy and other income.","Sold Villas at Bon Secour in October 2025 for $28.0M, realizing $12.2M gain on sale.","Stabilized occupancy 81%: multifamily 93%, commercial 59%; three properties in lease-up excluded.","Net operating loss widened to $3.0M from $1.8M due to higher lease-up costs."],"urls":{"canonical":"https://secwatch.observer/filing/0001102238-26-000006","json":"https://secwatch.observer/filing/0001102238-26-000006.json","markdown":"https://secwatch.observer/filing/0001102238-26-000006.md","text":"https://secwatch.observer/filing/0001102238-26-000006.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1102238/000110223826000006/0001102238-26-000006-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1102238/000110223826000006/arl-20260312.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T12:54:07.579536+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"}