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Consolidated Statements Of Operations (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Revenues:      
Rental and other property revenues (including $223 and $955 and $1,118 for 2011 and 2010 and 2009 respectively from affiliates and related parties) $ 118,357 $ 116,123 $ 113,318
Expenses:      
Property operating expenses (including $1,252 and $1,026 and $1,634 for 2011 and 2010 and 2009 respectively from affiliates and related parties) 67,203 66,841 64,488
Depreciation and amortization 20,380 22,105 19,602
General and administrative (including $2,429 and $4,517 and $5,867 for 2011 and 2010 and 2009 respectively from affiliates and related parties) 13,719 12,212 14,254
Provision on impairment of notes receivable and real estate assets 49,146 51,588 44,578
Advisory fee to affiliate 13,225 15,770 15,683
Total operating expenses 163,673 168,516 158,605
Operating loss (45,316) (52,393) (45,287)
Other income (expense):      
Interest income (including $9,989 and $7,363 and $8,886 for 2011 and 2010 and 2009 respectively from affiliates and related parties) 10,948 8,425 9,701
Other income 2,393 8,788 3,550
Mortgage and loan interest (including $1,710 and $3,374 and $2,595 for 2011 and 2010 and 2009 respectively from affiliates and related parties) (60,713) (66,229) (65,757)
Gain on the sale of investments 91 673  
Earnings from unconsolidated subsidiaries and investees 79 (200) 35
Gain on foreign currency translation   222 292
Litigation settlement     (1,056)
Total other expenses (47,202) (48,321) (53,235)
Loss before gain on land sales, non-controlling interest, and taxes (92,518) (100,714) (98,522)
Gain (loss) on land sales 34,247 (10,103) 11,605
Loss from continuing operations before tax (58,271) (110,817) (86,917)
Income tax benefit 18,040 2,030 1,490
Net loss from continuing operations (40,231) (108,787) (85,427)
Discontinued operations:      
Loss from discontinued operations (5,363) (15,318) (5,848)
Gain on sale of real estate from discontinued operations 56,907 19,306 10,106
Income tax expense from discontinued operations (18,040) (1,396) (1,490)
Net income from discontinued operations 33,504 2,592 2,768
Net income (loss) (6,727) (106,195) (82,659)
Net loss attributable to non-controlling interests 7,017 11,448 12,518
Net income (loss) attributable to American Realty Investors, Inc. 290 (94,747) (70,141)
Preferred dividend requirement (2,456) (2,488) (2,488)
Net income (loss) applicable to common shares (2,166) (97,235) (72,629)
Earnings per share-basic      
Loss from continuing operations $ (3.10) $ (8.71) $ (6.55)
Discontinued operations $ 2.91 $ 0.23 $ 0.24
Net income (loss) applicable to common shares $ (0.19) $ (8.48) $ (6.31)
Earnings per share-diluted      
Loss from continuing operations $ (3.10) $ (8.71) $ (6.55)
Discontinued operations $ 2.91 $ 0.23 $ 0.24
Net income (loss) applicable to common shares $ (0.19) $ (8.48) $ (6.31)
Weighted average common share used in computing earnings per share 11,517,431 11,463,084 11,514,038
Weighted average common share used in computing diluted earnings per share 11,517,431 11,463,084 11,514,038
American Realty Investors, Inc. [Member]
     
Other income (expense):      
Net loss from continuing operations (40,231) (108,787) (85,427)
Discontinued operations:      
Net income from discontinued operations 33,504 2,592 2,768
Net income (loss) $ (6,727) $ (106,195) $ (82,659)