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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
 3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Revenues:        
Rental and other property revenues (including $175 and $165 for the three months and $525 and $497 for the nine months ended 2014 and 2013, respectively, from related parties) $ 19,326 $ 19,530 $ 57,986 $ 57,810
Expenses:        
Property operating expenses (including $171 and $178 for the three months and $484 and $550 for the nine months ended 2014 and 2013, respectively, from related parties) 10,766 10,387 30,677 29,107
Depreciation and amortization 4,463 4,053 13,099 11,820
General and administrative (including $926 and $878 for the three months and $2,686 and $2,765 for the nine months ended 2014 and 2013, respectively, from related parties) 1,590 1,867 6,770 5,911
Provision on impairment of notes receivable and real estate assets 0 1,125 0 1,926
Net income fee to related party (186) 55 514 159
Advisory fee to related party 2,225 2,584 6,670 7,625
Total operating expenses 18,858 20,071 57,730 56,548
Operating income (loss) 468 (541) 256 1,262
Other income (expenses):        
Interest income (including $4,699 and $3,718 for the three months and $14,693 and $10,574 for the nine months ended 2014 and 2013, respectively, from related parties) 5,106 3,778 15,264 10,831
Other income 1,332 59 1,738 2,734
Mortgage and loan interest (including $978 and $1,168 for the three months and $2,709 and $2,849 for the nine months ended 2014 and 2013, respectively, from related parties) (9,053) (9,130) (26,573) (27,152)
Deferred borrowing costs amortization (848) (247) (2,078) (2,672)
Loan charges and prepayment penalties (1,044) (49) (2,626) (4,166)
Loss on sale of investments 0 (275) 0 (283)
Earnings from unconsolidated subsidiaries and investees 320 69 266 256
Litigation settlement (86) (2,739) 3,666 (2,727)
Total other expenses (4,273) (8,534) (10,343) (23,179)
Loss before gain on land sales, non-controlling interest, and taxes (3,805) (9,075) (10,087) (21,917)
Gain on land sales 40 598 634 563
Net loss from continuing operations before taxes (3,765) (8,477) (9,453) (21,354)
Income tax benefit 786 402 5,030 8,561
Net loss from continuing operations (2,979) (8,075) (4,423) (12,793)
Net income (loss) from discontinued operations 477 1,021 (454) (970)
Gain on sale of real estate from discontinued operations 1,769 127 14,826 25,429
Income tax expense from discontinued operations (786) (402) (5,030) (8,561)
Net income from discontinued operations 1,460 746 9,342 15,898
Net income (loss) (1,519) (7,329) 4,919 3,105
Net (income) loss attributable to non-controlling interest 200 903 (1,170) (803)
Net income (loss) attributable to American Realty Investors, Inc. (1,319) (6,426) 3,749 2,302
Preferred dividend requirement (427) (613) (1,653) (1,839)
Net income (loss) applicable to common shares (1,746) (7,039) 2,096 463
Earnings per share - basic        
Net loss from continuing operations $ (0.24) $ (0.68) $ (0.59) $ (1.34)
Net income from discontinued operations $ 0.11 $ 0.06 $ 0.76 $ 1.38
Net income (loss) applicable to common shares $ (0.13) $ (0.62) $ 0.17 $ 0.04
Earnings per share - diluted        
Net loss from continuing operations $ (0.24) $ (0.68) $ (0.59) $ (1.34)
Net income from discontinued operations $ 0.11 $ 0.06 $ 0.76 $ 1.38
Net income (loss) applicable to common shares $ (0.13) $ (0.62) $ 0.17 $ 0.04
Weighted average common shares used in computing earnings per share 13,619,647 11,525,389 12,231,146 11,525,389
Weighted average common shares used in computing diluted earnings per share 13,619,647 11,525,389 12,231,146 11,525,389
Amounts attributable to American Realty Investors, Inc.        
Net loss from continuing operations (2,779) (7,172) (5,593) (13,596)
Net income from discontinued operations 1,460 746 9,342 15,898
Net income (loss) applicable to American Realty Investors, Inc. $ (1,319) $ (6,426) $ 3,749 $ 2,302