XML 37 R26.htm IDEA: XBRL DOCUMENT v3.8.0.1

Schedule III REAL ESTATE AND ACCUMULATED DEPRECIATION

12 Months Ended

Dec. 31, 2017

SEC Schedule III, Real Estate and Accumulated Depreciation Disclosure [Abstract]

REAL ESTATE AND ACCUMULATED DEPRECIATION

Schedule III

AMERICAN REALTY INVESTORS, INC. 

REAL ESTATE AND ACCUMULATED DEPRECIATION

December 31, 2017

														Cost Capitalized
														Subsequent to				Asset				Gross Amounts of Which																								Life on Which
						Initial Cost								Acquisition				Impairment				Carried at End of Year																								Depreciation
																																														In Latest
																																														Statement
																		Asset								Building &								Accumulated				Date of				Date				of Operation
Property/Location		Encumbrances				Land				Buildings				Improvements				Impairment				Land				Improvements				Total				Depreciation				Construction				Acquired				is Computed
		(dollars in thousands)
Properties Held for Investment Apartments
Anderson Estates, Oxford, MS			769				378				2,683				313				—				378				2,996				3,374				799				2003				01	/06			40 years
Blue Lake Villas I, Waxahachie, TX			10,448				438				10,252				19				—				438				10,271				10,709				3,801				2003				01	/02			40 years
Blue Lake Villas II, Waxahachie, TX			3,769				287				4,496				—				—				287				4,496				4,783				1,139				2004				01	/04			40 years
Breakwater Bay, Beaumont, TX			9,112				740				10,498				—				—				740				10,498				11,238				3,390				2004				05	/03			40 years
Bridgewood Ranch, Kaufman, TX			6,233				762				6,913				—				—				762				6,913				7,675				1,730				2007				04	/08			40 years
Capitol Hill, Little Rock, AR			8,740				1,860				8,002				—				—				1,860				8,002				9,862				2,713				2003				03	/03			40 years
Centennial, Oak Ridge, TN			20,518				2,570				22,589				—				—				2,570				22,589				25,159				1,365				2011				07	/14			40 years
Crossing at Opelika, Opelika, AL			1,399				1,606				14,451				—				—				1,606				14,451				16,057				628				2015				12	/15			40 years
Curtis Moore Estates, Greenwood, MS			14,498				186				5,976				702				—				186				6,678				6,864				1,939				2003				01	/06			40 years
Dakota Arms, Lubbock, TX			12,194				921				12,834				168				—				921				13,002				13,923				4,195				2004				01	/04			40 years
David Jordan Phase II, Greenwood, MS			551				51				1,591				225				—				51				1,816				1,867				506				1999				01	/06			40 years
David Jordan Phase III, Greenwood, MS			556				83				2,179				356				—				83				2,535				2,618				649				2003				01	/06			40 years
Desoto Ranch, DeSoto, TX			14,877				1,349				16,838				11				—				1,349				16,849				18,198				5,843				2002				05	/02			40 years
Falcon Lakes, Arlington, TX			13,352				1,318				14,461				27				—				1,318				14,488				15,806				5,570				2001				10	/01			40 years
Heather Creek, Mesquite, TX			10,976				1,326				12,157				18				—				1,326				12,175				13,501				3,934				2003				03	/03			40 years
Holland Lake, Weatherford, TX			11,510				1,450				14,955				—				—				1,450				14,955				16,405				976				2004				05	/14			40 years
Lake Forest, Houston, TX			11,808				335				14,221				—				—				335				14,221				14,556				4,282				2004				01	/04			40 years
Legacy at Pleasant Grove, Texarkana, TX			14,495				2,005				18,109				—				—				2,005				18,109				20,114				1,384				2006				12	/14			40 years
Lofts at Reynolds Village, Asheville, NC			28,230				3,704				33,340				—				—				3,704				33,340				37,044				208				2012				10	/17			40 years
Lodge at Pecan Creek, Denton, TX			15,959				1,349				16,180				—				—				1,349				16,180				17,529				2,494				2011				10	/05			40 years
Mansions of Mansfield, Mansfield, TX			15,084				977				17,843				31				—				977				17,874				18,851				3,916				2009				09	/05			40 years
Metropolitan Apartments, North Little Rock, AR			25,233				3,323				29,857				—				—				3,323				29,857				33,180				1,109				2010				06	/16			40 years
Mission Oaks, San Antonio, TX			14,433				1,266				16,717				122				—				1,266				16,839				18,105				4,495				2005				05	/05			40 years
Monticello Estate, Monticello, AR			431				36				1,493				264				—				36				1,757				1,793				460				2001				01	/06			40 years
Northside on Travis, Sherman, TX			12,873				1,300				14,586				—				—				1,300				14,586				15,886				3,038				2009				10	/07			40 years
Oak Hollow, Sequin, TX			11,680				1,435				12,403				—				—				1,435				12,403				13,838				775				2011				07	/14			40 years
Oceanaire Apartments, Biloxi, MS			10,791				1,384				12,575				—				—				1,384				12,575				13,959				318				2009				12	/16			40 years
Overlook at Allensville, Sevierville, TN			12,079				1,228				12,297				—				—				1,228				12,297				13,525				881				2012				10	/15			40 years
Parc at Clarksville, Clarksville, TN			12,441				571				14,360				59				—				571				14,419				14,990				3,385				2007				06	/02			40 years
Parc at Denham Springs, Denham Springs, LA			18,249				1,022				20,188				100				—				1,022				20,288				21,310				3,517				2011				07	/07			40 years
Parc at Maumelle, Little Rock, AR			15,438				1,048				18,464				—				—				1,048				18,464				19,512				5,248				2006				12	/04			40 years
Parc at Metro Center, Nashville, TN			10,148				947				12,601				182				—				947				12,783				13,730				3,672				2006				05	/05			40 years
Parc at Rogers, Rogers, AR			20,004				1,482				23,176				266				(3,180	)			1,482				20,262				21,744				4,836				2007				04	/04			40 years
Preserve at Pecan Creek, Denton, TX			14,006				885				16,668				17				—				885				16,685				17,570				3,893				2008				10	/05			40 years
Preserve at Prairie Pointe, Lubbock, TX			9,928				1,074				10,782				—				—				1,074				10,782				11,856				748				2005				04	/15			40 years
Riverwalk Phase I, Greenville, MS			272				23				1,543				175				—				23				1,718				1,741				504				2003				01	/06			40 years
Riverwalk Phase II, Greenville, MS			1,053				52				4,051				364				—				52				4,415				4,467				1,572				2003				01	/06			40 years
Sawgrass Creek, New Port Richey, FL			—				784				7,056				—				—				784				7,056				7,840				249				2008				08	/16			40 years
Sonoma Court, Rockwall, TX			10,456				941				11,136				—				—				941				11,136				12,077				1,779				2011				07	/10			40 years
Sugar Mill, Baton Rouge, LA			11,031				1,437				13,437				135				—				1,437				13,572				15,009				2,838				2009				08	/08			40 years
Tattersall Village, Hinesville, GA			20,025				2,670				23,767				—				—				2,670				23,767				26,437				594				2010				12	/16			40 years
Toulon, Gautier, MS			20,104				1,621				20,107				372				—				1,621				20,479				22,100				3,267				2011				09	/09			40 years
Tradewinds, Midland, TX			13,882				3,313				20,073				—				—				3,313				20,073				23,386				1,250				2015				06	/15			40 years
Villager, Ft. Walton, FL			713				141				1,267				—				—				141				1,267				1,408				84				1972				06	/15			40 years
Villas at Park West I, Pueblo, CO			10,250				1,171				10,453				—				—				1,171				10,453				11,624				806				2005				12	/14			40 years
Villas at Park West II, Pueblo, CO			9,278				1,463				13,060				—				—				1,463				13,060				14,523				1,007				2010				12	/14			40 years
Vista Ridge, Tupelo, MS			10,530				1,339				13,398				—				—				1,339				13,398				14,737				1,197				2009				10	/15			40 years
Vistas of Vance Jackson, San Antonio, TX			14,834				1,265				16,760				121				—				1,265				16,881				18,146				5,159				2004				01	/04			40 years
Waterford, Roseberg, TX			16,940				2,341				20,926				—				—				2,341				20,926				23,267				1,305				2013				06	/14			40 years
Westwood, Mary Ester, FL			3,938				693				6,650				—				—				693				6,650				7,343				430				1972				06	/15			40 years
Windsong, Fort Worth, TX			10,459				790				11,595				—				—				790				11,595				12,385				4,019				2002				07	/03			40 years
Total Apartments Held for Investment		$	566,577			$	60,740			$	672,014			$	4,047			$	(3,180	)		$	60,740			$	672,881			$	733,621			$	113,896
Apartments Under Construction
Abode Red Rock			22,945				6,038				—				28,095				—				6,038				28,095				34,133				—				—				01	/17			—
Apalache Point			—				—				—				149				—				—				149				149				—				—								—
Eagle Crossing			—				—				—				81				—				—				81				81				—				—								—
Forest Pines			—				5,040				—				269				—				5,040				269				5,309				—				—				06	/17			—
Lakeside Lofts, Farmers Branch, TX			1				—				—				5,079				—				—				5,079				5,079				—				—				08	/17			—
McKinney Point			—				—				—				137				—				—				137				137				—				—				10	/17			—
Parc at Bentonville			—				—				—				85				—				—				85				85				—				—				08	/17			—
Parc at Garland			—				—				—				81				—				—				81				81				—				—				08	/17			—
Parc at Wylie			—				—				—				195				—				—				195				195				—				—				08	/17			—
Oak Hollow II			5,475				1,046				—				4,622				—				1,046				4,622				5,668				—				—				04	/17			—
Overlook at Allensville Square II, Sevierville, TN			—				1,843				—				530				—				1,843				530				2,373				—				—				11	/15			—
Sawgrass II			1,007				—				—				3,772				—				—				3,772				3,772				—				—				06	/17			—
Sugar Mill II															4												4				4				—				—								—
Terra Lago, Rowlett, TX			39,042				5,588				—				42,137				—				5,588				42,137				47,725				—				—				11	/15			—
Total Apartments Under Construction		$	68,470			$	19,555			$	—			$	85,236			$	—			$	19,555			$	85,236			$	104,791			$	—

														Cost Capitalized
														Subsequent to				Asset				Gross Amounts of Which																								Life on Which
						Initial Cost								Acquisition				Impairment				Carried at End of Year																								Depreciation
																																														In Latest
																																														Statement
																		Asset								Building &								Accumulated				Date of				Date				of Operation
Property/Location		Encumbrances				Land				Buildings				Improvements				Impairment				Land				Improvements				Total				Depreciation				Construction				Acquired				is Computed
		(dollars in thousands)
Commercial
600 Las Colinas, Las Colinas, TX			38,600				5,751				53,972				16,360				—				5,751				70,332				76,083				26,899				1984				08	/05			40 years
770 South Post Oak, Houston, TX			12,600				1,763				15,839				264								1,763				16,103				17,866				1,122				1970				07	/15			40 years
Bridgeview Plaza, LaCrosse, WI			4,906				—				658				476				—				—				1,134				1,134				617				1979				03	/03			40 years
Browning Place (Park West I), Farmers Branch, TX			42,473				5,096				47,711				13,728				—				5,096				61,439				66,535				23,746				1984				04	/05			40 years
Mahogany Run Golf Course, US Virgin Islands			—				418				6,037				147				(5,300	)			418				884				1,302				502				1981				11	/14			40 years
Fruitland Plaza, Fruitland Park, FL			—				17				16				67				—				17				83				100				54				—				05	/92			40 years
Senlac VHP,  Farmers Branch, TX			—				622				58				85				—				622				143				765				139				—				08	/05			40 years
Stanford Center, Dallas, TX			28,000				3,878				35,476				7,257				(9,600	)			3,878				33,133				37,011				10,567				—				06	/08			40 years
Total Commercial Held for Investment		$	126,579			$	17,545			$	159,767			$	38,384			$	(14,900	)		$	17,545			$	183,251			$	200,796			$	63,646
Land
Audubon, Adams County, MS			—				519				—				296				—				519				296				815				—				—				03	/07			—
Bonneau Land, Farmers Branch, TX			—				1,309				—				—				—				1,309				—				1,309				—				—				12	/14			—
Cooks Lane, Fort Worth, TX			157				1,094				—				—				—				1,094				—				1,094				—				—				06	/04			—
Dedeaux, Gulfport, MS			—				1,612				—				46				(38	)			1,612				8				1,620				—				—				10	/06			—
Denham Springs, Denham Springs, LA			61				714				—				—				—				714				—				714				—				—				08	/08			—
Gautier Land, Gautier, MS			—				202				—				—				—				202				—				202				—				—				07	/98			—
Lake Shore Villas, Humble, TX			—				81				—				3				—				81				3				84				—				—				03	/02			—
Lubbock Land, Lubbock, TX			—				234				—				—				—				234				—				234				—				—				01	/04			—
Nakash, Malden, MO			—				103				—				—				—				103				—				103				—				—				01	/93			—
Nashville, Nashville, TN			—				278				—				59				—				278				59				337				—				—				06	/02			—
Ocean Estates, Gulfport, MS			—				1,418				—				390				—				1,418				390				1,808				—				—				10	/07			—
Texas Plaza Land, Irving, TX			—				1,738				—				—				(238	)			1,738				(238	)			1,500				—				—				12	/06			—
Union Pacific Railroad Land, Dallas, TX			—				130				—				—				—				130				—				130				—				—				03	/04			—
Willowick Land, Pensacola, FL			—				137				—				—				—				137				—				137				—				—				01	/95			—
Windmill Farms Land, Kaufman County, TX			14,922				48,927				—				14,210				(20,376	)			48,927				(6,166	)			42,761				—				—				11	/11			—
2427 Valley View Ln, Farmers Branch, TX			—				76				—				—				—				76				—				76				—				—				07	/12			—
GNB Land ARI 8/06 L2870			—				1,010				—				—				—				1,010				—				1,010				—				—								—
GNB Land Edina 6/07 L2875			—				7,955				—				—				(6,023	)			7,955				(6,023	)			1,932				—				—								—
GNB Land Edina B1530			—				5,135				—				32				(3,692	)			5,135				(3,660	)			1,475				—				—								—
Hollywood Casino Land Tract II, Farmers Branch, TX			—				3,192				—				1,346				—				3,192				1,346				4,538				—				—				03	/08			—
Lacy Longhorn Land, Farmers Branch, TX			—				1,169				—				—				(760	)			1,169				(760	)			409				—				—				06	/04			—
Manhattan Land			—				(344	)							611												611				267				—				—								—
Minivest Land, Dallas, TX			—				7				—				—				—				7				—				7				—				—				04	/13			—
Mira Lago,  Farmers Branch, TX			—				53				—				15				—				53				15				68				—				—				05	/01			—
Nicholson Croslin, Dallas, TX			—				184				—				—				(118	)			184				(118	)			66				—				—				10	/98			—
Nicholson Mendoza, Dallas, TX			—				80				—				—				(51	)			80				(51	)			29				—				—				10	/98			—
Senlac Land Tract II, Farmers Branch, TX			—				656				—				—				—				656				—				656				—				—				08	/05			—
Valley View 34 (Mercer Crossing), Farmers Branch, TX			—				1,173				—				—				(945	)			1,173				(945	)			228				—				—				08	/08			—
Dominion Mercer, Farmers Branch, TX			11,125				4,040				—				2,998				—				4,040				2,998				7,038				—				—				10	/16			—
Mandahl Bay Land			—				667				—				—				—				667				—				667				—				—				01	/05			—
Meloy/Portage Land			—				5,119												(1,069	)			5,119				(1,069	)			4,050				—				—								—
McKinney 36, Collin County, TX			1,211				456				—				161				(19	)			456				142				598				—				—				01	/98			—
Travis Ranch Land, Kaufman County, TX			307				80				—				—				—				80				—				80				—				—				08	/08			—
Travis Ranch Retail, Kaufman City, TX			—				1,517				—				—				—				1,517				—				1,517				—				—				08	/08			—
Total Land Held for Investment		$	27,783			$	90,721			$	—			$	20,167			$	(33,329	)		$	91,065			$	(13,162	)		$	77,559			$	—

														Cost Capitalized
														Subsequent to				Asset				Gross Amounts of Which																								Life on Which
						Initial Cost								Acquisition				Impairment				Carried at End of Year																								Depreciation
																																														In Latest
																																														Statement
																		Asset								Building &								Accumulated				Date of				Date				of Operation
Property/Location		Encumbrances				Land				Buildings				Improvements				Impairment				Land				Improvements				Total				Depreciation				Construction				Acquired				is Computed
		(dollars in thousands)
Corporate Departments/Investments/Misc.
TCI - Corporate			119,786				—				660				—				—				—				660				660				4				—				—				—
Total Corporate Departments/Investments/Misc.		$	119,786			$	—			$	660			$	—			$	—			$	—			$	660			$	660			$	4
Total Properties Held for Investment		$	909,195			$	188,561			$	832,441			$	147,834			$	(51,409	)		$	188,905			$	928,866			$	1,117,427			$	177,546
Properties Held for Sale
Commercial
Total Commercial Held for Sale		$	—			$	—			$	—			$	—			$	—			$	—			$	—			$	—			$	—
Total Properties Held for Sale		$	—			$	—			$	—			$	—			$	—			$	—			$	—			$	—			$	—
Properties Subject to Sales Contract Apartments
																							—				—				—
Total Aparments Subject to Sales Contract		$	—			$	—			$	—			$	—			$	—			$	—			$	—			$	—			$	—
Commercial
															—																								—
Total Commercial Subject to Sales Contract		$	—			$	—			$	—			$	—			$	—			$	—			$	—			$	—			$	—
Land
Dominion Tract, Dallas, TX		$	1,079			$	2,083			$	—			$	53				(133	)			2,003			$	—				2,003			$	—				—				03	/99			—
Hollywood Casino Tract I, Farmers Branch, TX			420				1,608				—				125				(110	)			1,623			$	—				1,623				—				—				06	/02			—
LaDue Land, Farmers Branch, TX			—				1,845				—				—				—				1,845			$	—				1,845				—				—				07	/98			—
Three Hickory Land, Farmers Branch, TX			—				1,202				—				—				—				1,202			$	—				1,202				—				—				03	/14			—
Travelers Land, Farmers Branch, TX			—				21,511				—				4				—				21,515			$	—				21,515				—				—				11	/06			—
Travelers Land, Farmers Branch, TX			—				6,891				—				—				(4,978	)			1,913			$	—				1,913				—				—				11	/06			—
Valwood Land			—				3,332				—				—				—				3,332			$	—				3,332				—
Walker Land, Dallas County, TX			—				19,167				—				70				(6,062	)			13,175			$	—				13,175				—				—				09	/06			—
Whorton Land, Bentonville, AR			—				3,510				—				568				(2,451	)			1,627			$	—				1,627				—				—				06	/05			—
Total Land Subject to Sales Contract		$	1,499			$	61,149			$	—			$	820			$	(13,734	)		$	48,235			$	—			$	48,235			$	—
Total Properties Subject to Sales Contract		$	1,499			$	61,149			$	—			$	820			$	(13,734	)		$	48,235			$	—			$	48,235			$	—
Land Sold
		$	—			$	—			$	—			$	—				—			$	—			$	—			$	—			$	—				—				—				—
Total Land Sold		$	—			$	—			$	—			$	—			$	—			$	—			$	—			$	—			$	—			$	—			$	—			$	—
TOTAL:  Real Estate		$	910,694			$	249,710			$	832,441			$	148,654			$	(65,143	)		$	237,140			$	928,866			$	1,165,662			$	177,546

		2017				2016				2015
		(dollars in thousansds)
Reconciliation of Real Estate
Balance at January 1,		$	1,066,603			$	1,003,545			$	831,540
Additions
Acquisitions, improvements and construction			129,483				112,762				216,090
Deductions
Sale of real estate			(30,424	)			(49,704	)			(38,785	)
Asset impairments			—				—				(5,300	)
Balance at December 31,		$	1,165,662			$	1,066,603			$	1,003,545
Reconciliation of Accumulated Depreciation
Balance at January 1,		$	165,597			$	150,038			$	131,777
Additions
Depreciation			24,417				23,277				20,386
Deductions
Sale of real estate			(12,468	)			(7,718	)			(2,125	)
Balance at December 31,		$	177,546			$	165,597			$	150,038

X

- References

No definition available.

+ Details

Name:	us-gaap_RealEstateAndAccumulatedDepreciationDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The entire disclosure of real estate investments and associated accumulated depreciation for entities with a significant portion of their business acquiring and holding investment real estate.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 970
-SubTopic 360
-Section S99
-Paragraph 1
-Subparagraph (SX 210.12-28)
-URI http://asc.fasb.org/extlink&oid=6590653&loc=d3e638233-123024

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 10
-Section S99
-Paragraph 6
-Subparagraph (SX 210.5-04.(c) Schedule III)
-URI http://asc.fasb.org/extlink&oid=27047687&loc=d3e5864-122674

+ Details

Name:	us-gaap_RealEstateAndAccumulatedDepreciationDisclosureTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration