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Consolidated Statements Of Operations (USD $)
In Thousands, except Share data
 3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Revenues:        
Rental and other property revenues (including $358 and $781 for the three months and $730 and $1,495 for the six months ended 2011 and 2010 respectively from affiliates and related parties) $ 37,528 $ 36,548 $ 74,050 $ 74,286
Expenses:        
Property operating expenses (including $571 and $562 for the three months and $1,028 and $1,148 for the six months ended 2011 and 2010 respectively from affiliates and related parties) 21,169 23,306 42,627 45,934
Depreciation and amortization 6,245 6,780 12,759 12,996
General and administrative (including $1,241 and $1,193 for the three months and $2,429 and $2,419 for the six months ended 2011 and 2010 respectively from affiliates and related parties) 4,078 2,701 7,611 5,286
Provision on impairment of notes receivable and real estate assets 444   6,503  
Advisory fee to affiliate 3,462 3,993 6,984 8,046
Total operating expenses 35,398 36,780 76,484 72,262
Operating income (loss) 2,130 (232) (2,434) 2,024
Other income (expense):        
Interest income (including $184 and 1,027 for the three months and $1,829 and $2,137 for the six months ended 2011 and 2010 respectively from affiliates and related parties) 1,203 1,326 1,871 2,828
Other income 551 1,023 1,765 1,888
Mortgage and loan interest (including $1,271 and $890 for the three months and $1,580 and $1,735 for the six months ended 2011 and 2010 respectively from affiliates and related parties) (17,731) (20,276) (34,676) (38,617)
Earnings from unconsolidated subsidiaries and investees 22 (71) (73) (93)
Gain on foreign currency translation   906   233
Total other expenses (15,955) (17,092) (31,113) (33,761)
Loss before gain on land sales, non-controlling interest, and taxes (13,825) (17,324) (33,547) (31,737)
Gain (loss) on land sales 14,029 (4,121) 19,373 (4,115)
Loss from continuing operations before tax 204 (21,445) (14,174) (35,852)
Income tax benefit 2,469 1,454 3,521 2,188
Net loss from continuing operations 2,673 (19,991) (10,653) (33,664)
Discontinued operations:        
Loss from discontinued operations (625) (1,507) (1,756) (1,221)
Gain on sale of real estate from discontinued operations 7,679 5,660 11,816 5,660
Income tax expense from discontinued operations (2,469) (1,454) (3,521) (1,554)
Net income from discontinued operations 4,585 2,699 6,539 2,885
Net income (loss) 7,258 (17,292) (4,114) (30,779)
Net gain attributable to non-controlling interests 7,175 3,543 9,345 5,119
Net income (loss) attributable to American Realty Investors, Inc. 14,433 (13,749) 5,231 (25,660)
Preferred dividend requirement (613) (622) (1,230) (1,244)
Net income (loss) applicable to common shares 13,820 (14,371) 4,001 (26,904)
Earnings per share - basic        
Income (loss) from continuing operations $ 0.80 $ (1.48) $ (0.22) $ (2.59)
Income from discontinued operations $ 0.40 $ 0.23 $ 0.57 $ 0.25
Net income (loss) applicable to common shares $ 1.20 $ (1.25) $ 0.35 $ (2.34)
Earnings per share - diluted        
Income (loss) from continuing operations $ 0.80 $ (1.48) $ (0.22) $ (2.59)
Income from discontinued operations $ 0.40 $ 0.23 $ 0.57 $ 0.25
Net income (loss) applicable to common shares $ 1.20 $ (1.25) $ 0.35 $ (2.34)
Weighted average common share used in computing earnings per share 11,525,389 11,510,322 11,509,341 11,512,169
Weighted average common share used in computing diluted earnings per share 11,525,389 11,510,322 11,509,341 11,512,169
Amounts attributable to American Realty Investors, Inc.        
Income (loss) from continuing operations 9,848 (16,448) (1,308) (28,545)
Income from discontinued operations 4,585 2,699 6,539 2,885
Net income (loss) $ 14,433 $ (13,749) $ 5,231 $ (25,660)