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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Revenues:      
Rental and other property revenues (including $726, $701 and $670 for the year ended 2015, 2014 and 2013, respectively, from related parties) $ 104,188 $ 79,412 $ 80,750
Expenses:      
Property operating expenses (including $770, $645 and $699 for the year ended 2015, 2014 and 2013, respectively, from related parties) 54,002 42,124 39,318
Depreciation 21,418 17,593 15,954
General and administrative (including $3,855, $3,628 and $3,646 for the year ended 2015, 2014 and 2013, respectively, from related parties) 6,893 10,282 7,919
Provision on impairment of notes receivable and real estate assets 5,300   18,980
Net income fee to related party 492 3,669 4,089
Advisory fee to related party 9,775 8,943 10,166
Total operating expenses 97,880 82,611 96,426
Operating income (loss) 6,308 (3,199) (15,676)
Other income (expense):      
Interest income (including $15,859, $19,029 and $19,110 for the year ended 2015, 2014 and 2013, respectively, from related parties) 16,674 20,054 19,445
Other income 4,106 1,415 10,163
Mortgage and loan interest (including $3,774, $3,660 and $3,927 for the year ended 2015, 2014 and 2013, respectively, from related parties) (47,512) (37,972) (39,110)
Loan charges and prepayment penalties (4,965) (2,854) (5,557)
Loss on the sale of investments (1) (92) (283)
Earnings from unconsolidated subsidiaries and investees 428 347 391
Litigation settlement (352) 3,591 (20,313)
Total other expenses (31,622) (15,511) (35,264)
Loss before gain (loss) on land sales, non-controlling interest, and taxes (25,314) (18,710) (50,940)
Gain (loss) on land sales 21,648 561 (455)
Loss from continuing operations before tax (3,666) (18,149) (51,395)
Income tax benefit (expense) (517) 20,413 40,513
Net income (loss) from continuing operations (4,183) 2,264 (10,882)
Discontinued operations:      
Income (loss) from discontinued operations 644 (3,557) (2,634)
Gain on sale of real estate from discontinued operations 735 61,879 98,951
Income tax benefit (expense) from discontinued operations (483) (20,413) (33,711)
Net income (loss) from discontinued operations 896 37,909 62,606
Net income (loss) (3,287) 40,173 51,724
Net income (loss) attributable to non-controlling interests 1,327 (9,288) (10,448)
Net income (loss) attributable to American Realty Investors, Inc. (1,960) 30,885 41,276
Preferred dividend requirement (1,216) (2,043) (2,452)
Net income (loss) applicable to common shares $ (3,176) $ 28,842 $ 38,824
Earnings per share - basic      
Loss from continuing operations (in dollars per share) $ (0.27) $ (0.71) $ (2.07)
Income (loss) from discontinued operations (in dollars per share) 0.06 2.99 5.43
Net income (loss) applicable to common shares (in dollars per share) (0.21) 2.28 3.36
Earnings per share - diluted      
Loss from continuing operations (in dollars per share) (0.27) (0.71) (2.07)
Income (loss) from discontinued operations (in dollars per share) 0.06 2.99 5.43
Net income (loss) applicable to common shares (in dollars per share) $ (0.21) $ 2.28 $ 3.36
Weighted average common shares used in computing earnings per share (in shares) 15,111,107 12,683,956 11,525,389
Weighted average common shares used in computing diluted earnings per share (in shares) 15,111,107 12,683,956 11,525,389
Amounts attributable to American Realty Investors, Inc.      
Loss from continuing operations $ (2,856) $ (7,024) $ (21,330)
Income (loss) from discontinued operations 896 37,909 62,606
Net income (loss) $ (1,960) $ 30,885 $ 41,276