Bradford A. Phillips
By letter dated July 5, 2024, Bradford A. Phillips resigned as a Member of the Board of Directors of American Realty Investors, Inc.
Highest-materiality recent filing
American Realty Investors posts Q1 net loss of $0.6M vs profit of $3.0M YoY
Net loss attributable to common shares of $0.6M ($0.03 loss per share) vs net income of $3.0M ($0.18 per share) in Q1 2025.
American Realty Q4 2025 net income $9.8M vs loss $0.2M YoY; revenue up to $13M
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.
American Realty Investors holds annual meeting; all director nominees elected, auditor ratified
All five director nominees elected with strong majority; 97.2% quorum achieved.
American Realty Investors elects directors, ratifies auditor at 2025 annual meeting
All five director nominees elected: Butler, Hogan, Jakuszewski, Lara Celis, Munselle each received over 15.1M votes.
ARL swings to Q3 profit $0.01 EPS from $1.08 loss; revenue up 10%
Net income of $0.1M ($0.01 diluted EPS) vs net loss of $17.5M ($1.08 loss) in Q3 2024.
ARL Q2 2025 net income rises to $2.8M ($0.18/diluted) from $1.2M YoY
Net income attributable to common shares $2.8M ($0.18/diluted) vs $1.2M ($0.07/diluted) in Q2 2024.
American Realty Q1 2025 net income rises 67% to $3.0M ($0.18 diluted EPS) YoY
Net income attributable to common shares of $3.0M or $0.18/diluted share vs $1.8M ($0.11) in Q1 2024.
American Realty Investors Q4 2024 net loss narrows to $0.2M; settles $23.4M litigation
Net loss attributable to common shares was $0.2M ($0.01 diluted EPS) vs. $2.1M ($0.13) in Q4 2023.
American Realty Investors elects all director nominees and ratifies auditor at annual meeting
All five director nominees elected with over 92% of votes: Butler, Hogan, Jakuszewski, Munselle, Lara Celis.
American Realty Investors posts Q3 net loss of $17.5M on $23.4M litigation settlement
Net loss of $17.5M ($1.08 diluted EPS) vs. net income of $3.0M ($0.18 diluted EPS) in Q3 2023.
ARL settles litigation with $23.4M payment; resolves $148M judgment claims
Paid $23.4 million to Clapper on Oct 31, 2024 to settle litigation over a 1998 multifamily property transaction.
American Realty Investors Q2 net income rises to $1.2M from $0.1M YoY
Net income attributable to common shares of $1.2M ($0.07 diluted EPS) vs $0.1M ($0.01) in Q2 2023.
Director Bradford A. Phillips resigns from ARL board, no disagreement
Resigned as director of American Realty Investors effective July 5, 2024, with no disagreement on company operations.
American Realty Investors appoints Erik L. Johnson as President and CEO effective May 28, 2024
Erik L. Johnson, 56, appointed President and CEO, succeeding Bradley J. Muth who resigned in April 2023.
American Realty Investors Q1 net income falls to $1.8M from $3.0M YoY
Net income attributable to common shares of $1.8M ($0.11 diluted EPS) vs $3.0M ($0.18) in Q1 2023.
American Realty restructures advisory fees into Net Asset Value Fee plus reimbursements
New fee structure: Gross Asset Fee of 0.0625% per month (0.75% annual) of average Gross Asset Value.
American Realty reports Q4 2023 net loss of $2.1M vs net income of $43.4M in Q4 2022
Net loss per diluted share $0.13 compared to net income of $2.69 in prior-year quarter.
By letter dated July 5, 2024, Bradford A. Phillips resigned as a Member of the Board of Directors of American Realty Investors, Inc.
Effective May 28, 2024, the Board of Directors of American Realty Investors, Inc. (the “ Company ” or the “ Issuer ” or “ ARL ”) appointed Erik L. Johnson, age 56, President and Chief Executive Officer of the Company.
Max materiality 0.80 · Median 0.55 · Most common event earnings