Welcome to our dedicated page for Transcontinental SEC filings (Ticker: TCI), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The SEC filings of Transcontinental Realty Investors, Inc. (NYSE: TCI) provide detailed insight into how this Dallas-based real estate investment company describes its business, portfolio, and governance. Through its Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K, the company discloses information about its equity real estate holdings, which include office buildings, apartments, shopping centers, and developed and undeveloped land across the United States. The filings also discuss investments in mortgage loans on real estate and the company’s mortgage receivables.
Investors can use these filings to review rental revenues, other income, property operating expenses, depreciation and amortization, general and administrative expenses, and advisory fees to a related party. The company’s consolidated statements of operations also present interest income and interest expense, gains or losses on sale or write-down of assets, equity in income or loss from unconsolidated joint ventures, and income tax provisions. Together, these disclosures explain how Transcontinental Realty Investors, Inc. arrives at net income and net income attributable to the company.
Proxy materials, such as the definitive proxy statement on Schedule 14A, outline corporate governance and board matters. They describe the Board of Directors, the Audit Committee, Compensation Committee, and Governance and Nominating Committee, as well as voting procedures for the Annual Meeting of Stockholders. These documents also show how many shares are outstanding, how related parties hold a significant portion of the stock, and how proposals such as director elections and auditor ratification are presented to stockholders.
On this page, SEC filings are paired with AI-powered summaries that highlight the main points of lengthy documents. Real-time updates from the EDGAR system help users see new 8-K filings announcing quarterly results, proxy statements describing governance, and other disclosures as they are furnished. This allows readers to quickly understand the key elements of Transcontinental Realty Investors, Inc.’s regulatory reporting without manually reviewing every page.
American Realty Investors, Inc., a 10% owner of Transcontinental Realty Investors, Inc. (TCI), reported purchasing 70,023 shares of TCI common stock on 01/12/2026 at
The filing also discloses 1,383,226 additional TCI shares held indirectly through Transcontinental Realty Acquisition Corporation, a Nevada corporation that is a wholly owned subsidiary of American Realty Investors and has owned these shares for several years.
Transcontinental Realty Investors, Inc. reported the results of its Annual Meeting of Stockholders held on December 10, 2025. On the October 29, 2025 record date, 8,639,316 shares of common stock were outstanding, and proxies representing 8,371,455 shares, or 96.9% of the outstanding shares, were present, establishing a quorum. All incumbent director nominees, including Henry A. Butler, William J. Hogan, Robert A. Jakuszewski, Fernando V. Lara Celis, and Ted R. Munselle, were elected, each receiving more than 7.6 million votes in favor, with 429,334 broker non-votes recorded for each nominee.
Stockholders also ratified the appointment of Farmer, Fuqua & Huff, P.C. as the independent registered public accounting firm for the fiscal year ending December 31, 2025, with 8,322,740 votes FOR, 44,725 AGAINST and 3,900 ABSTAINING. At a Board meeting on December 11, 2025, Henry A. Butler was re-elected Chairman of the Board and Ted R. Munselle was re-appointed Presiding Director. This report is an amendment to the version filed December 12, 2025 to correct a typographical error.
Transcontinental Realty Investors, Inc. (TCI) reported the results of the Annual Meeting of Stockholders of American Realty Investors, Inc. held on December 10, 2025. On the record date of October 29, 2025, there were 8,639,316 shares of common stock outstanding, each entitled to one vote, and proxies representing at least 8,371,455 shares (96.9% of the outstanding) were present, establishing a strong quorum.
All five director nominees — Henry A. Butler, William J. Hogan, Robert A. Jakuszewski, Fernando V. Lara Celis and Ted R. Munselle — were elected, each receiving more than 7.64 million votes “for” and no votes “against,” with the remainder as abstentions and broker non-votes. Stockholders also ratified the appointment of Farmer, Fuqua & Huff, P.C. as independent registered public accounting firm for the year ending December 31, 2025, with 8,322,740 votes for, 44,725 against, and 3,900 abstentions. On December 11, 2025, the Board re-elected Henry A. Butler as Chairman and re-appointed Ted R. Munselle as Presiding Director, continuing the company’s existing leadership structure.
Transcontinental Realty Investors (TCI) reported Q3 2025 results. Total revenue was $12,835 thousand and net income was $884 thousand, with net income attributable to the Company of $724 thousand, or EPS of $0.08. Segment NOI improved to $5,285 thousand, driven by higher commercial occupancy, while multifamily NOI eased due to development properties in lease-up.
For the nine months, revenue was $37,003 thousand and net income attributable to the Company was $5,511 thousand (EPS $0.64). The balance sheet shows total assets of $1,134,456 thousand, liabilities of $276,693 thousand, and total equity of $857,763 thousand. Real estate increased to $612,109 thousand as construction progressed, and mortgages and other notes payable rose to $223,486 thousand to fund development. Operating cash flow was $(2,175) thousand year-to-date, with $(49,203) thousand used in investing and $40,546 thousand provided by financing.
Development advanced across four projects (906 units) with $151,919 thousand incurred. Subsequent event: on October 10, 2025, TCI sold Villas at Bon Secour for $28.0 million and repaid the $18,767 thousand loan on the property. Shares outstanding were 8,639,316 as of November 6, 2025.
Transcontinental Realty Investors (TCI) filed a Form 8-K announcing operational results for the quarter ended September 30, 2025. The company furnished a press release as Exhibit 99.1 dated November 6, 2025 under Item 2.02 (Results of Operations and Financial Condition). The information is furnished and not deemed filed unless specifically incorporated by reference. TCI’s common stock trades on the NYSE under the symbol TCI.
Transcontinental Realty Investors, Inc. (TCI) set its Annual Meeting for December 10, 2025 in Dallas. Stockholders will vote on two items: (1) elect five directors and (2) ratify Farmer, Fuqua & Huff, P.C. as independent auditor.
The record date is October 29, 2025, when 8,639,316 shares were outstanding, one vote per share. A quorum requires at least 4,319,659 votes present or by proxy. Directors are elected by plurality; auditor ratification requires a majority of shares represented and entitled to vote.
Related parties held 7,467,714 shares (approximately 86.44%) as of the record date and indicated they intend to vote for both proposals. The Board’s committees are fully independent, with the Audit Committee meeting five times in 2024. Audit fees to Farmer, Fuqua & Huff, P.C. were $296,150 for 2024.
TCI operates under an advisory arrangement with Pillar. In 2024, TCI paid advisory fees of $8.1 million, reimbursements of $3.7 million, development fees of $2.9 million, and had a $62.8 million receivable from Pillar at year-end.
Event: On August 7, 2025, Transcontinental Realty Investors, Inc. (TCI) announced operational results for the quarter ended June 30, 2025 and furnished a press release as Exhibit 99.1.
Filing status: The disclosure was furnished under Item 2.02 and is explicitly not deemed "filed" for purposes of Section 18 of the Exchange Act; the company states it has no obligation to update the furnished information. The report is signed by Erik L. Johnson, President and CEO.
Transcontinental Realty Investors (NYSE: TCI) – Q2 2025 10-Q highlights
- Revenue: Q2 rose 3% YoY to $12.2 m; 1H-25 up 2% to $24.2 m.
- Earnings: Q2 net income fell to $0.3 m ($0.02/sh) from $1.7 m ($0.17/sh) as interest income contracted and the income-tax provision jumped. YTD net income increased 15% to $5.1 m ($0.55/sh) aided by $4.8 m in land-sale gains.
- FFO: Q2 FFO slipped 30% to $3.2 m; 1H FFO essentially flat at $10.0 m.
- Balance sheet: Assets grew 5% vs. year-end to $1.13 bn, driven by construction in progress (+$51 m). Mortgage and note debt climbed 17% to $212 m; net debt/total assets ≈17.5%.
- Liquidity: Cash & equivalents + restricted cash fell to $34.2 m (-$6.3 m YTD). Operating cash flow swung to an outflow of $10.3 m on higher development spend and related-party receivables.
- Development pipeline: Four multifamily projects (906 units) 70% funded ($145 m incurred of $207 m budget). Construction loans added $43 m YTD; Mountain Creek facility ($27.5 m) remains undrawn.
- Windmill Farms: $55.5 m in reimbursable district receivables; 30 lots sold plus $3.5 m condemnation settlement produced $4.1 m land-sale gains.
- Capital actions: Repaid $10.9 m 770 South Post Oak loan; repurchased 54 k IOR shares for $1.0 m, increasing TCI’s IOR stake to 84.5%.
Key takeaways: Higher development leverage and negative operating cash flow warrant scrutiny, but asset sales and construction progress underpin book-value growth. Near-term earnings remain sensitive to interest-rate driven declines in investment income and rising advisory fees.