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 Q2 net loss of $1.0M vs prior-year net income of $2.8M
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.
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.
American Realty Investors reelects all six directors, ratifies auditor at annual meeting
All six director nominees elected; support ranged from 91.46% (Ted R. Munselle) to 93.18% (William J. Hogan).
American Realty Investors Q3 net income $3.0M vs $302.3M YoY; rental revenue up to $11.8M
Net income attributable to common shares of $3.0M ($0.18/diluted) vs $302.3M ($18.72) in Q3 2022, due to absence of VAA portfolio gain.
Director Raymond Roberts Sr. resigns; Fernando Celis appointed to ARL board
Raymond D. Roberts, Sr. resigned as director and from all board committees on October 10, 2023, citing health issues.
ARL Q2 net income falls to $0.1M ($0.01 EPS) vs $16.3M ($1.01); rental rev up
Net income attributable to common shares $0.1M ($0.01 diluted EPS) vs $16.3M ($1.01) in Q2 2022.
American Realty Investors Q1 net income drops to $3.0M from $11.3M YoY
Net income attributable to common shares was $3.0M ($0.18 diluted EPS) vs $11.3M ($0.70) in Q1 2022.
CEO Bradley J. Muth resigns effective April 14, 2023; no replacement named.
Bradley J. Muth (age 63) resigned as President and CEO and all subsidiary positions.
American Realty Q4 net income $43.4M vs year-ago loss; VAA portfolio acquisition drives results
Net income $43.4M ($2.69 diluted EPS) vs net loss $6.8M (-$0.42) in Q4 2021.
American Realty Investors holds annual meeting; all directors re-elected, auditor ratified
All six director nominees elected with over 95% of votes cast for their election.
ARL Q3 net income jumps to $302.3M on $1.8B VAA property sale, distribution of $182.8M
Net income attributable to ARL: $302.3M ($18.72 diluted EPS) vs $19.4M ($1.20) in Q3 2021.
American Realty Investors swings to Q2 net income of $16.3M from $27.3M loss
Net income attributable to company of $16.3M ($1.01 diluted EPS) vs net loss of $27.3M (-$1.69) in Q2 2021.
ARL Q1 net income $11.3M ($0.70) down from $18.1M ($1.12) YoY
Net income $11.3M ($0.70 diluted) vs $18.1M ($1.12) in Q1 2021.
American Realty Q4 2021 net loss $6.8M vs year-ago net income; rental revenue fell $9.8M
Net loss per diluted share $0.42, compared to net income $0.03 in Q4 2020.
American Realty Investors appoints Bradley J. Muth as President and CEO effective Dec 16, 2021
Bradley J. Muth appointed President and CEO, effective December 16, 2021.
American Realty corrects Q3 2021 press release: net income, not net loss
Original Exhibit 99.1 had a typo in the first line, incorrectly stating 'net loss'; the correct term is 'net income'.
American Realty Investors reports Q3 2021 net loss of $19.4M ($1.20/share) on revenue decline
Net loss attributable to common shares of $19.4M ($1.20 diluted EPS) vs $8.0M ($0.50) in Q3 2020, loss widened.
American Realty Investors Q2 net loss $27.3M; arbitration adds $29.6M obligation
Net loss attributable to common shares $27.3M ($1.69 diluted) vs $2.3M ($0.14) year-over-year.
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.
On October 10, 2023, the Board of Directors of ARL selected Fernando Victor Lara Celis, age 57, as a director effective October 11, 2023, to fill a vacancy on the Board of Directors created by the resignation of Raymond D. Roberts, Sr.
On October 10, 2023, Raymond D. Roberts, Sr. resigned as a director and from all Board Committees of American Realty Investors, Inc.
Effective April 14, 2023, Bradley J. Muth, age 63, President and Chief Executive Officer since December 16, 2021 of American Realty Investors, Inc. (the “Company” or the “Issuer”) ceased to be and resigned as President and Chief Executive Officer as well as all positions with any subsidiary entities.
Effective as of December 16, 2021, the Board of Directors of American Realty Investors, Inc. (the “ Company ” or the “ Issuer ” or “ ARL ”) appointed Bradley J. Muth, age 61, President and Chief Executive Officer of the Company.
Max materiality 0.85 · Median 0.60 · Most common event earnings