XML 54 R44.htm IDEA: XBRL DOCUMENT
v3.5.0.2

COMMITMENTS, CONTINGENCIES, AND LIQUIDITY (Details Narrative) $ in Thousands | 1 Months Ended |  |  |  |
--- | --- | --- | --- | --- | ---
Jul. 20, 2015 USD ($) | Feb. 28, 2014 | Dec. 31, 2013 USD ($) | Oct. 31, 2011 USD ($) | Jun. 30, 2016 USD ($) a | Dec. 13, 2013 a | Dec. 31, 2012 USD ($) | Jan. 31, 2012 USD ($)
Area of land | a |  |  |  |  | 3,759 |  |  |
ART and ART Midwest, Inc. [Member] |  |  |  |  |  |  |  |
Damages sought value |  |  |  | $ 74,000 |  |  |  |
Actual damages sought value |  |  |  | 26,000 |  |  |  |
Interest damages sought value |  |  |  | $ 48,000 |  |  |  |
Description of plaintiff |  |  |  | Mr. David Clapper and entities related to Mr. Clapper (collectively, the “Clapper Parties”) |  |  |  |
Description of defendant |  |  |  | A formerly owned entity (American Realty Trust, Inc.) and its former subsidiary (ART Midwest, Inc.) |  |  |  |
Description of allegation |  |  |  | The matter originally involved a transaction in 1998 in which ART Midwest, Inc. was to acquire eight residential apartment complexes from the Clapper Parties. |  |  |  |
Total assets |  |  |  |  |  |  | $ 10,000 |
Notes receivable from the sale of ART |  |  |  |  |  |  |  | $ 10,000
Description of action taken by court |  | During February 2014, the Court of Appeals affirmed a portion of the judgment in favor of the Clapper Parties, but also ruled that a double counting of a significant portion of the damages had occurred and remanded the case back to the trial court to recalculate the damage award, as well as pre and post-judgment interest thereon. ART was also a significant owner of a partnership interest in the partnership that was awarded the initial damages in this matter. |  |  |  |  |  |
Port Olpentiz [Member] |  |  |  |  |  |  |  |
Description of plaintiff |  |  | ARL |  |  |  |  |
Description of defendant |  |  | The lawsuits are against: 1) the former German partner and his company, and 2) against the law firm in Hamburg originally hired to protect ARL’s investment in the project |  |  |  |  |
Description of allegation |  |  | ARL had filed two lawsuits in Germany to recover funds invested in the project. |  |  |  |  |
Area of land | a |  |  |  |  |  | 420 |  |
Write-off of loans |  |  | $ 5,300 |  |  |  |  |
Note Payable for LK-Four Hickory [Member] |  |  |  |  |  |  |  |
Note payable guarantee |  |  |  |  | $ 28,000 |  |  |
Current notes oustanding balance |  |  |  |  | 22,100 |  |  |
UHF [Member] |  |  |  |  |  |  |  |
Note payable guarantee |  |  |  |  | $ 60,350 |  |  |
Dynex Capital, Inc. [Member] |  |  |  |  |  |  |  |
Description of plaintiff | ART and TCI |  |  |  |  |  |  |
Description of defendant | Dynex Capital Inc. |  |  |  |  |  |  |
Unfunded loan commitment | $ 160,000 |  |  |  |  |  |  |
Post-judgment interest rate | 5.00% |  |  |  |  |  |  |
Description of action taken by court | The Final Judgment entered against Dynex Commercial, Inc. on July 20, 2015 awarded Basic $0.256 million in damages, plus pre-judgment interest of $0.192 million for a total amount of $0.448 million. The Judgment awarded ART $14.2 million in damages, plus pre-judgment interest of $10.6 million for a total amount of $24.8 million. The Judgment awarded TCI $11.1 million, plus pre-judgment interest of $8.4 million for a total amount of $19.5 million. The Judgment also awarded Basic, ART, and TCI post-judgment interest at the rate of 5% per annum from April 25, 2014 until the date their respective damages are paid. Lastly, the Judgement awarded Basic, ART, and TCI $1.6 million collectively in attorneys’ fees from Dynex Commercial, Inc. |  |  |  |  |  |  |
Damages - awarded amount | $ 256 |  |  |  |  |  |  |
Damages - pre-judgement interest | 192 |  |  |  |  |  |  |
Damages - total | 448 |  |  |  |  |  |  |
Awarded attorney fees | 1,600 |  |  |  |  |  |  |
Dynex Capital, Inc. [Member] | American Reality Trust, Inc. [Member] |  |  |  |  |  |  |  |
Damages - awarded amount | 14,200 |  |  |  |  |  |  |
Damages - pre-judgement interest | 10,600 |  |  |  |  |  |  |
Damages - total | 24,800 |  |  |  |  |  |  |
Dynex Capital, Inc. [Member] | Transcontinential Realty Investors [Member] |  |  |  |  |  |  |  |
Damages - awarded amount | 11,100 |  |  |  |  |  |  |
Damages - pre-judgement interest | 8,400 |  |  |  |  |  |  |
Damages - total | $ 19,500 |  |  |  |  |  |  |

X
- Definition Amount of attorneys' fees awarded to the plaintiff in the legal matter. + References No definition available. + Details
Name: | arl_AwardedAttorneyFees
Namespace Prefix: | arl_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of pre-judgment interest awarded to the plaintiff in the legal matter. + References No definition available. + Details
Name: | arl_DamagesPrejudgementInterest
Namespace Prefix: | arl_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of damages awarded to the plaintiff in the legal matter, including interest. + References No definition available. + Details
Name: | arl_DamagesTotal
Namespace Prefix: | arl_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The actual value (monetary amount) of the award the plaintiff seeks in the legal matter. + References No definition available. + Details
Name: | arl_LossContingencyActualDamagesSoughtValue
Namespace Prefix: | arl_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The interest value (monetary amount) of the award the plaintiff seeks in the legal matter. + References No definition available. + Details
Name: | arl_LossContingencyDamagesSoughtInterestValue
Namespace Prefix: | arl_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Post-judgement interest rate for awards, under the final judgement. + References No definition available. + Details
Name: | arl_PostjudgmentInterestRate
Namespace Prefix: | arl_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition The contractual amount of off-balance sheet lending-related financial instruments (e.g., commitments and guarantees), which represents the maximum possible credit risk should the counterparty draw upon the commitment or the entity be required to fulfill its obligation under the guarantee, and the counterparty subsequently fail to perform according to the terms of the contract. + References No definition available. + Details
Name: | arl_UnfundedLoanCommitment
Namespace Prefix: | arl_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Area of land held. + References No definition available. + Details
Name: | us-gaap_AreaOfLand
Namespace Prefix: | us-gaap_
Data Type: | num:areaItemType
Balance Type: | na
Period Type: | instant

X
- Definition Amount of net assets (liabilities). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 946 -SubTopic 225 -Section S99 -Paragraph 3 -Subparagraph (SX 210.6-09(6)) -URI http://asc.fasb.org/extlink&oid=6488393&loc=d3e606914-122999 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 946 -SubTopic 210 -Section S99 -Paragraph 2 -Subparagraph (SX 210.6-05(4)) -URI http://asc.fasb.org/extlink&oid=6488278&loc=d3e604008-122996 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 30 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=64830158&loc=SL35686385-199418 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 946 -SubTopic 225 -Section S99 -Paragraph 3 -Subparagraph (SX 210.6-09(7)) -URI http://asc.fasb.org/extlink&oid=6488393&loc=d3e606914-122999 + Details
Name: | us-gaap_AssetsNet
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition The current carrying amount of the liability for the freestanding or embedded guarantor's obligations under the guarantee or each group of similar guarantees. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 460 -SubTopic 10 -Section 50 -Paragraph 4 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=6851643&loc=d3e12069-110248 + Details
Name: | us-gaap_GuaranteeObligationsCurrentCarryingValue
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Maximum potential amount of future payments (undiscounted) the guarantor could be required to make under the guarantee or each group of similar guarantees before reduction for potential recoveries under recourse or collateralization provisions. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 460 -SubTopic 10 -Section 50 -Paragraph 4 -Subparagraph (b)(1) -URI http://asc.fasb.org/extlink&oid=6851643&loc=d3e12069-110248 + Details
Name: | us-gaap_GuaranteeObligationsMaximumExposure
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Describes important rulings or decisions made by the judge, arbitrator or mediator in the legal matter that could impact the outcome of the case. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 450 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=25496072&loc=d3e14326-108349 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 450 -SubTopic 20 -Section 50 -Paragraph 4 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=25496072&loc=d3e14435-108349 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 450 -SubTopic 20 -Section 50 -Paragraph 9 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=25496072&loc=d3e14557-108349 + Details
Name: | us-gaap_LossContingencyActionsTakenByCourtArbitratorOrMediator
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Presents an assertion of a fact by a plaintiff in a pleading or complaint, which the plaintiff claims it will prove upon presentation of evidence at the proceeding. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 450 -SubTopic 20 -Section 50 -Paragraph 9 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=25496072&loc=d3e14557-108349 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 450 -SubTopic 20 -Section 50 -Paragraph 4 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=25496072&loc=d3e14435-108349 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 450 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=25496072&loc=d3e14326-108349 + Details
Name: | us-gaap_LossContingencyAllegations
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount of damages awarded to the plaintiff in the legal matter. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 450 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=25496072&loc=d3e14326-108349 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 450 -SubTopic 20 -Section 50 -Paragraph 4 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=25496072&loc=d3e14435-108349 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 450 -SubTopic 20 -Section 50 -Paragraph 9 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=25496072&loc=d3e14557-108349 + Details
Name: | us-gaap_LossContingencyDamagesAwardedValue
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The value (monetary amount) of the award the plaintiff seeks in the legal matter. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 450 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=25496072&loc=d3e14326-108349 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 450 -SubTopic 20 -Section 50 -Paragraph 9 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=25496072&loc=d3e14557-108349 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 450 -SubTopic 20 -Section 50 -Paragraph 4 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=25496072&loc=d3e14435-108349 + Details
Name: | us-gaap_LossContingencyDamagesSoughtValue
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The amount of loss pertaining to the specified contingency that was charged against earnings in the period, including the effects of revisions in previously reported estimates. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 450 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=25496072&loc=d3e14326-108349 + Details
Name: | us-gaap_LossContingencyLossInPeriod
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Identifies the named defendant in a lawsuit. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 450 -SubTopic 20 -Section 50 -Paragraph 4 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=25496072&loc=d3e14435-108349 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 450 -SubTopic 20 -Section 50 -Paragraph 9 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=25496072&loc=d3e14557-108349 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 450 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=25496072&loc=d3e14326-108349 + Details
Name: | us-gaap_LossContingencyNameOfDefendant
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Identifies the plaintiff in the lawsuit. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 450 -SubTopic 20 -Section 50 -Paragraph 4 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=25496072&loc=d3e14435-108349 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 450 -SubTopic 20 -Section 50 -Paragraph 9 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=25496072&loc=d3e14557-108349 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 450 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=25496072&loc=d3e14326-108349 + Details
Name: | us-gaap_LossContingencyNameOfPlaintiff
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The principal amount of the receivable or note before consideration of the discount or premium. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=64930785&loc=d3e28551-108399 + Details
Name: | us-gaap_ReceivableWithImputedInterestFaceAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Details
Name: | us-gaap_LitigationCaseAxis=arl_ClapperPartiesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LitigationCaseAxis=arl_PortOlpenitzMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_GuaranteeObligationsByNatureAxis=us-gaap_FinancialGuaranteeMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_GuaranteeObligationsByNatureAxis=arl_FinancialGuarantee1Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LitigationStatusAxis=us-gaap_JudicialRulingMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis=arl_EquityMethodInvestee4Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | dei_LegalEntityAxis=us-gaap_SubsidiariesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |