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CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Revenues:    
Rental and other property revenues (including $208 and $190 for the three months ended 2018 and 2017, respectively, from related parties) $ 31,083 $ 31,822
Expenses:    
Property operating expenses (including $227 and $237 for the three months ended 2018 and 2017, respectively, from related parties) 14,424 16,265
Depreciation and amortization 6,391 6,330
General and administrative (including $1,140 and $962 for the three months ended 2018 and 2017, respectively, from related parties) 2,341 2,031
Net income fee to related party 53 60
Advisory fee to related party 2,956 2,659
Total operating expenses 26,165 27,345
Net operating income 4,918 4,477
Other income (expenses):    
Interest income (including $4,426 and $4,476 for the three months ended 2018 and 2017, respectively, from related parties) 5,109 4,792
Other income 1,901 1,443
Mortgage and loan interest (including $1,799 and $1,511 for the three months ended 2018 and 2017, respectively, from related parties) (15,724) (16,796)
Foreign currency transaction loss 1,756 (323)
Earnings from unconsolidated subsidiaries and investees 320 55
Total other expenses (6,638) (10,829)
Loss before gain on land sales, non-controlling interest, and taxes (1,720) (6,352)
Gain on land sales 1,335 445
Net loss from continuing operations before taxes (385) (5,907)
Net income (loss) from continuing operations (385) (5,907)
Net income (loss) (385) (5,907)
Net (income) loss attributable to non-controlling interest (275) 193
Net loss attributable to American Realty Investors, Inc. (660) (5,714)
Preferred dividend requirement (225) (275)
Net loss applicable to common shares $ (885) $ (5,989)
Earnings per share - basic    
Net loss from continuing operations $ (.06) $ (0.39)
Earnings per share - diluted    
Net loss from continuing operations $ (.06) $ (0.39)
Weighted average common shares used in computing earnings per share (in shares) 15,938,077 15,514,360
Weighted average common shares used in computing diluted earnings per share (in shares) 15,938,077 15,514,360
Amounts attributable to American Realty Investors, Inc.    
Net loss from continuing operations $ (660) $ (5,714)
Net loss applicable to American Realty Investors, Inc. $ (660) $ (5,714)