---
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"
generated_at: "2026-08-06T17:45:09.247170+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# American Realty Investors Q2 net loss of $1.0M vs prior-year net income of $2.8M

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-054130
- JSON: https://secwatch.observer/filing/0001628280-26-054130.json
- Plain text: https://secwatch.observer/filing/0001628280-26-054130.txt

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