---
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"
generated_at: "2026-05-15T12:54:07.579536+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# American Realty Q4 2025 net income $9.8M vs loss $0.2M YoY; revenue up to $13M

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001102238-26-000006
- JSON: https://secwatch.observer/filing/0001102238-26-000006.json
- Plain text: https://secwatch.observer/filing/0001102238-26-000006.txt

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