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CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Revenues:        
Rental and other property revenues (including $208 and $199 for the three months and $415 and $389 for the six months ended 2018 and 2017, respectively, from related parties) $ 31,607 $ 31,587 $ 62,690 $ 63,409
Expenses:        
Property operating expenses (including $231 and $239 for the three months and $458 and 476 for the six months ended 2018 and 2017, respectively, from related parties) 15,550 15,429 29,974 31,693
Depreciation and amortization 6,504 6,409 12,895 12,739
General and administrative (including $297 and $552 for the three months and $2,437 and $1,295 for the six months ended 2018 and 2017, respectively, from related parties) 2,954 1,995 5,295 4,026
Net income fee to related party 53 77 106 137
Advisory fee to related party 2,929 2,849 5,885 5,508
Total operating expenses 27,990 26,759 54,155 54,103
Net operating income 3,617 4,828 8,535 9,306
Other income (expenses):        
Interest income (including $4,832 and $4,972 for the three months and $9,311 and $9,092 for the six months ended 2018 and 2017, respectively, from related parties) 4,882 5,059 9,991 9,852
Other income 7,537 (116) 9,438 1,327
Mortgage and loan interest (including $1,909 and $1,683 for the three months and $3,708 and $3,195 for the six months ended 2018 and 2017, respectively, from related parties) (15,907) (17,347) (31,631) (34,143)
Foreign currency transaction gain (loss) 5,889 (3,425) 7,645 (3,747)
Earnings from unconsolidated subsidiaries and investees 277 153 597 208
Total other income (expenses) 2,678 (15,676) (3,960) (26,503)
Income (loss) before gain on land sales, non-controlling interest, and taxes 6,295 (10,848) 4,575 (17,197)
Gain (loss) on land sales (476) 1,335 (31)
Net income (loss) from continuing operations before taxes 6,295 (11,324) 5,910 (17,228)
Net income (loss) from continuing operations 6,295 (11,324) 5,910 (17,228)
Net income (loss) 6,295 (11,324) 5,910 (17,228)
Net (income) loss attributable to non-controlling interest (441) 435 (716) 628
Net income (loss) attributable to American Realty Investors, Inc. 5,854 (10,889) 5,194 (16,600)
Preferred dividend requirement (225) (275) (450) (550)
Net income (loss) applicable to common shares $ 5,629 $ (11,164) $ 4,744 $ (17,150)
Earnings per share - basic:        
Net loss from continuing operations (in dollars per share) $ 0.35 $ (0.72) $ 0.3 $ (1.11)
Earnings per share - diluted:        
Net income (loss) from continuing operations (in dollars per share) $ 0.35 $ (0.72) $ 0.3 $ (1.11)
Weighted average common shares used in computing earnings per share (in shares) 15,997,076 15,514,360 15,967,740 15,514,360
Weighted average common shares used in computing diluted earnings per share (in shares) 15,997,076 15,514,360 15,967,740 15,514,360
Net income (loss) from continuing operations $ 5,854 $ (10,889) $ 5,194 $ (16,600)
Net income (loss) applicable to American Realty Investors, Inc. $ 5,854 $ (10,889) $ 5,194 $ (16,600)