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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Share data, unless otherwise specified
 3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Revenues:    
Rental and other property revenues (including $167 and $0 for the three months ended 2012 and 2011 respectively from affiliates and related parties) $ 30,318 $ 27,918
Expenses:    
Property operating expenses(including $307 and $297 for the three months ended 2012 and 2011 respectively from affiliates and related parties) 16,208 15,919
Depreciation and amortization 5,503 5,282
General and administrative(including $922 and $1,187 for the three months ended 2012 and 2011 respectively from affiliates and related parties) 2,606 3,242
Provision on impairment of notes receivable and real estate assets 0 5,178
Advisory fee to affiliate 2,658 3,522
Total operating expenses 26,975 33,143
Operating income 3,343 (5,225)
Other income (expense):    
Interest income(including $3,431 and $466 for the three months ended 2012 and 2011 respectively from affiliates and related parties) 3,340 668
Other income (including $1,500 and $0 for the three months ended 2012 and 2011 respectively from affiliates and related parties) 1,628 1,214
Mortgage and loan interest (including $922 and $306 for the three months ended 2012 and 2011 respectively from affiliates and related parties) (17,735) (14,666)
Loss on sale of investments (362) 0
Earnings from unconsolidated subsidiaries and investees 117 (95)
Total other expenses (13,012) (12,879)
Loss before gain on land sales, non-controlling interest, and taxes (9,669) (18,104)
Gain (loss) on land sales (1,021) 5,344
Loss from continuing operations before tax (10,690) (12,760)
Income tax benefit 1,125 485
Net loss from continuing operations (9,565) (12,275)
Discontinued operations:    
Loss from discontinued operations (375) (2,750)
Gain on sale of real estate from discontinued operations 3,588 4,137
Income tax expense from discontinued operations (1,125) (485)
Net income from discontinued operations 2,088 902
Net loss (7,477) (11,373)
Net loss attributable to non-controlling interest 1,177 2,170
Net loss attributable to American Realty Investors, Inc. (6,300) (9,203)
Preferred dividend requirement (613) (617)
Net loss applicable to common shares (6,913) (9,820)
Earnings per share - basic    
Loss from continuing operations $ (0.78) $ (0.93)
Income from discontinued operations $ 0.18 $ 0.07
Net loss applicable to common shares. $ (0.60) $ (0.86)
Earnings per share - diluted    
Loss from continuing operations. $ (0.78) $ (0.93)
Income from discontinued operations. $ 0.18 $ 0.07
Net loss applicable to common shares, $ (0.60) $ (0.86)
Weighted average common share used in computing earnings per share 11,525,389 11,493,115
Weighted average common share used in computing diluted earnings per share 11,525,389 11,493,115
Amounts attributable to American Realty Investors, Inc.    
Loss from continuing operations, (8,388) (10,105)
Income from discontinued operations, 2,088 902
Net loss. $ (6,300) $ (9,203)