STOCK TITAN
  1. Home
  2. SEC Filings
  3. ARL
  4. [8-K] AMERICAN REALTY INVESTORS INC Reports Material Event

American Realty Investors Q3 operating loss hits $2.6M

Available on EDGAR Accepted by SEC EDGAR
Filing Impact
(High)
Filing Sentiment

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

How Sentiment worksHow the balance works

Form Type
8-K

Rhea-AI Filing Summary

American Realty Investors, Inc. (ARL) reported $13.9 million in revenue for the three months ended September 30, 2026, up $1.1 million from the same period in 2025. The increase primarily reflected a $1.5 million rise in multifamily revenue, partly offset by a $0.4 million decline in commercial revenue; the multifamily increase was attributed to lease-up of Development Properties. Net operating loss increased to $2.6 million from $1.6 million, primarily as operating expenses at lease-up properties rose $1.4 million. Net loss attributable to common shares was $0.7 million, or $0.04 per share, compared with net income of $0.1 million, or $0.01 per share. Total occupancy was 82% as of September 30, 2026, including 95% at multifamily properties and 57% at commercial properties.

On October 2, 2026, the company entered into an agreement to purchase four multifamily properties: Bellwether Ridge (150 units), Parc at Ingleside (192 units), Parc at Opelika (168 units) and Parc at Windmill Farms (272 units). The consideration includes settlement of four notes receivable and a $12.0 million cash payment; the company is working with lenders to assume the properties’ existing mortgage notes payable. On October 28, it exercised an option to extend the maturity of its loan on Alera at Hunters Glen to November 5, 2027. During the quarter, it sold 21 Windmill Farms lots for $1.0 million, recording a $0.8 million gain.

1 point · 0 major

How this balance works

Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.

It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.

Rhea-AI Sentiment measures something else, the tone of the wording.

How the balance worksHow Sentiment works

0 major · 2 points

How the balance works

Positive

  • Moderate pointRevenue increased $1.1 million, to $13.9 million from $12.8 million.

Negative

  • Moderate pointNet operating loss increased to $2.6 million from $1.6 million.
  • Moderate pointCommon-share results changed from $0.1 million income to a $0.7 million loss.
Item 2.02 Results of Operations and Financial Condition Financial
Disclosure of earnings results, typically an earnings press release or preliminary financials.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Total revenue $13.9 million Three months ended September 30, 2026; $12.8 million in the same period of 2025
Net operating loss $2.6 million Three months ended September 30, 2026; $1.6 million in the same period of 2025
Net loss attributable to common shares $0.7 million loss Three months ended September 30, 2026; $0.1 million net income in the same period of 2025
Basic and diluted earnings per share -$0.04 per share Three months ended September 30, 2026; $0.01 per share in the same period of 2025
Property occupancy 82% total As of September 30, 2026; 95% at multifamily properties and 57% at commercial properties
Cash payment in property purchase agreement $12.0 million Agreement entered into October 2, 2026, in exchange for settlement of four notes receivable and the property purchases
Windmill Farms lot sale 21 lots; $1.0 million sale price; $0.8 million gain Three months ended September 30, 2026
net operating loss financial
"Net operating loss increased $1.0 million"
A net operating loss is when a company’s deductible expenses exceed its taxable income for a period, producing an official tax loss that can be used to reduce future taxable income and lower future cash taxes. For investors it matters because these tax credits are like a savings account of losses the company can “spend” later to boost after‑tax cash flow, which can raise the value of the business—though rules can limit how and when those losses are used.
lease-up technical
"lease-up of our Development Properties"
Lease-up is the initial period after a building is finished or renovated when the owner rents out units or space and moves occupancy from empty to the intended level; think of it like stocking and selling items on the shelves of a new store. Investors watch the speed and rent levels achieved during lease-up because they determine how quickly rental income and cash flow start, influence financing and return estimates, and signal demand or risk for the property.
notes receivable financial
"settlement of our four notes receivable"
A note receivable is a written promise from a customer or borrower to pay a company a specified amount, often with interest, by a set date; think of it as a formal IOU recorded as an asset on the balance sheet. Investors care because notes receivable affect a company’s cash flow timing and credit risk—large or long-dated notes can signal stronger future cash but also greater risk of default, which influences valuation and liquidity.
mortgage notes payable financial
"assume the existing mortgage notes payable"
A mortgage note payable is a written promissory note recording a borrower's obligation to repay a loan that is secured by a mortgage on real property; it shows the principal amount borrowed, the interest rate, payment schedule, and the lender’s right to foreclose on the property if payments are not made. On a company’s balance sheet it is recorded as a liability at the outstanding principal, usually split into a current portion (payments due within 12 months) and a long-term portion, while interest accrues separately as interest expense and interest payable. The defining feature is that the debt is secured by real estate collateral, which gives the lender a prioritized claim if the borrower defaults.
Total revenue $13.9 million Increased $1.1 million from $12.8 million
Net operating loss $2.6 million loss Increased $1.0 million from $1.6 million loss
Net loss attributable to common shares $0.7 million loss Compared with $0.1 million net income
Basic and diluted earnings per share -$0.04 per share Compared with $0.01 per share

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How much revenue did ARL report for Q3 2026?
ARL reported $13.9 million in revenue for the three months ended September 30, 2026, compared with $12.8 million for the same period in 2025. The company attributed the increase primarily to multifamily properties, partly offset by lower commercial-property revenue.

Did ARL report a profit or loss in Q3 2026?
ARL reported a $0.7 million net loss attributable to common shares, or $0.04 per share, compared with net income attributable to common shares of $0.1 million, or $0.01 per share, for the same period in 2025.

What properties did ARL agree to purchase?
On October 2, 2026, ARL entered into an agreement to purchase Bellwether Ridge, a 150-unit property in DeSoto, Texas; Parc at Ingleside, a 192-unit property in Ingleside, Texas; Parc at Opelika, a 168-unit property in Opelika, Alabama; and Parc at Windmill Farms, a 272-unit property in Forney, Texas. The agreement provides for settlement of four notes receivable and a $12.0 million cash payment.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Understanding 8-K Material Events →
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
0001102238false00011022382026-11-122026-11-12

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K
Current Report

Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported)November 12, 2026

American Realty Investors, Inc.
(Exact name of registrant as specified in its charter)

Nevada001-1566375-2847135
(State or other jurisdiction of 
Incorporation or organization) 		(Commission File Number)(IRS Employer Identification Number)
1603 LBJ Freeway,Suite 800DallasTX75234
(Address of principal executive offices)(Zip Code)
(469) 522-4200
Registrant’s Telephone Number, including area code

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Registrant under any of the following provisions:
 ☐  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 ☐  Soliciting material pursuant to Rule 14a-12 under the Securities Act (17 CFR 230.425)
 ☐  Pre-commencement communications pursuant to Rule 14d-2(b) under the Securities Act (17 CFR 240.14d-2(b))
 ☐  Pre-commencement communications pursuant to Rule 13e-4(c) under the Securities Act (17 CFR 240.413e-4(c))

Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)Name of each exchange on which registered
Common StockARLNYSE
Indicate by check mark whether the Registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 ((17 CFR 230.405 of or Rule 12b-2 of the Securities Act of 1934 (17 CFR 230.405):
☐  Emerging growth company
If an emerging growth company indicate by check mark if the Registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐



Section 2 – Financial Information

Item 2.02. Results of Operations and Financial Condition

On November 12, 2026, American Realty Investors, Inc. (“ARL” or the “Company”) announced its operational results for the quarter ended September 30, 2026. A copy of the announcement is attached as Exhibit “99.1.”

The information furnished pursuant to Item 2.02 in this Form 8-K, including Exhibit “99.1” attached hereto, shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that Section, unless we specifically incorporate it by reference in a document filed under the Securities Act of 1933 or the Securities Exchange Act of 1934. We undertake no duty or obligation to publicly update or revise the information furnished pursuant to Item 2.02 of this Current Report on Form 8-K.

Section 9 – Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits


(d) Exhibits.

The following exhibit is furnished with this Report:

Exhibit No.Description
99.1*
Press release datedNovember 12, 2026
_________________________
* Furnished herewith






SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
AMERICAN REALTY INVESTORS, INC.
Dated: November 12, 2026By:/s/ ERIK L. JOHNSON
Erik L. Johnson
President and Chief Executive Officer



NEWS RELEASEContact:
American Realty Investors, Inc. Investor Relations
FOR IMMEDIATE RELEASE
Erik Johnson (469) 522-4200 investor.relations@americanrealtyinvest.com


American Realty Investors, Inc. reports Earnings for Q3 2026

DALLAS (November 12, 2026) -- American Realty Investors, Inc. (NYSE:ARL) is reporting its results of operations for the three months ended September 30, 2026. For the three months ended September 30, 2026, we reported net loss attributable to common shares of $0.7 million or $0.04 per share, compared to a net income attributable to common shares of $0.1 million or $0.01 per share for the same period in 2025.

Financial Highlights

•Total occupancy was 82% at September 30, 2026, which includes 95% at our multifamily properties and 57% at our commercial properties.
•On October 2, 2026, we entered into an agreement to purchase Bellwether Ridge, a 150 unit multifamily property in DeSoto, Texas; Parc at Ingleside, a 192 unit multifamily property in Ingleside, Texas; Parc at Opelika, a 168 unit multifamily property in Opelika, Alabama; and Parc at Windmill Farms, a 272 unit multifamily property in Forney, Texas in exchange for the settlement of our four notes receivable and a cash payment of $12.0 million. We are currently working with lenders to assume the existing mortgage notes payable on the properties.
•On October 28, 2026, we exercised our option to extend the maturity of our loan on Alera at Hunters Glen to November 5, 2027.
•During the three months ended September 30, 2026, we sold 21 lots from our holdings in Windmill Farms for $1.0 million, resulting in a gain on sale of $0.8 million.

Financial Results

Revenues increased $1.1 million from $12.8 million for the three months ended September 30, 2025 to $13.9 million for the three months ended September 30, 2026. The increase in revenue is primarily due to an increase of $1.5 million from our multifamily properties offset in part by a decrease of $0.4 million from our commercial properties. The increase in revenue from our multifamily properties is due to the lease-up of our Development Properties.

Net operating loss increased $1.0 million from $1.6 million for the three months ended September 30, 2025 to $2.6 million for the three months ended September 30, 2026. Our increase in net operating loss was primarily due to a $1.4 million increase in operating expenses from the lease-up properties for the three months ended September 30, 2026.

Net (loss) income attributable to common shares changed approximately $0.8 million from net income of $0.1 million for the three months ended September 30, 2025 to a net loss of $0.7 million for the three months ended September 30, 2026. The decrease in net income is primarily attributed to a $1.0


million increase in net operating loss and a $1.2 million decrease in interest income, net offset in part by a $1.2 million decrease in tax provision.

About American Realty Investors, Inc.
American Realty Investors, Inc., a Dallas-based real estate investment company, holds a diverse portfolio of equity real estate located across the U.S., including office buildings, apartments, shopping centers, and developed and undeveloped land. The Company invests in real estate through direct ownership, leases and partnerships and invests in mortgage loans on real estate. The Company also holds mortgage receivables. The Company’s primary asset and source of its operating results is its investment in Transcontinental Realty Investors, Inc. (NYSE:TCI). For more information, visit the Company’s website at www.americanrealtyinvest.com.


AMERICAN REALTY INVESTORS, INC.
CONSOLIDATED STATEMENTS OF OPERATIONS
(Dollars in thousands, except per share amounts)
(Unaudited)
Three Months Ended September 30,Nine Months Ended September 30,
2026202520262025
Revenues:
Rental revenues$13,288 $11,919 $37,180 $34,856 
Other income618 916 1,933 2,147 
   Total revenue13,906 12,835 39,113 37,003 
Expenses:
Property operating expenses8,927 7,550 24,436 20,062 
Depreciation and amortization3,726 2,936 11,053 8,881 
General and administrative1,617 1,719 4,601 4,745 
Advisory fee to related party2,206 2,203 6,333 6,714 
   Total operating expenses16,476 14,408 46,423 40,402 
   Net operating loss(2,570)(1,573)(7,310)(3,399)
Interest income3,548 4,099 10,182 11,462 
Interest expense(2,354)(1,691)(8,125)(5,288)
Equity in loss from unconsolidated joint ventures— 116 412 (24)
Gain on real estate transactions822 755 2,021 5,593 
Income tax (provision) benefit(177)(1,386)328 (1,197)
Net (loss) income(731)320 (2,492)7,147 
Net loss (income) attributable to noncontrolling interest29 (191)229 (1,226)
Net (loss) income attributable to common shares$(702)$129 $(2,263)$5,921 
Earnings per share
Basic and diluted$(0.04)$0.01 $(0.14)$0.37 
Weighted average common shares used in computing earnings per share
Basic and diluted16,152,043 16,152,043 16,152,043 16,152,043 



Source: View Original Filing on SEC EDGAR

Filing Exhibits & Attachments

4 documents

Press Releases

Other Documents

Keep reading

More on ARL

All ARL news

Trending in the feed

AIMD
Ainos Secures Largest Order in Company History: $9 Million ASE Agreement for 5,000 Additional AI Nose Systems Open the live feed