{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-26-054130","form_type":"8-K","ticker":"ARL","cik":"0001102238","company_name":"AMERICAN REALTY INVESTORS INC","filed_at":"2026-08-06T17:44:17+00:00","discovered_at":"2026-08-06T17:45:05.771436+00:00","generated_at":"2026-08-06T17:45:09.247170+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"American Realty Investors Q2 net loss of $1.0M vs prior-year net income of $2.8M","bullets":["Net loss attributable to common shares of $1.0M ($0.06 per share) vs net income of $2.8M ($0.18 per share) in Q2 2025.","Revenue increased to $12.9M from $12.2M, driven by multifamily lease-up and higher commercial occupancy.","Total occupancy 81% (multifamily 93%, commercial 58%); Development Properties occupancy 77-86%.","Sold 21 lots at Windmill Farms for $1.0M, generating a $0.8M gain on sale.","Net operating loss widened to $2.5M from $1.0M, primarily due to $1.6M increase in lease-up property expenses."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-26-054130","json":"https://secwatch.observer/filing/0001628280-26-054130.json","markdown":"https://secwatch.observer/filing/0001628280-26-054130.md","text":"https://secwatch.observer/filing/0001628280-26-054130.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1102238/000162828026054130/0001628280-26-054130-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1102238/000162828026054130/arl-20260806.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-08-06T17:45:09.247170+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"}