XML 85 R74.htm IDEA: XBRL DOCUMENT
v3.19.1

OPERATING SEGMENTS (Details) - USD ($) $ in Thousands | 3 Months Ended | 12 Months Ended
--- | --- | ---
Dec. 31, 2018 | Sep. 30, 2018 | Jun. 30, 2018 | Mar. 31, 2018 | Dec. 31, 2017 | Sep. 30, 2017 | Jun. 30, 2017 | Mar. 31, 2017 | Dec. 31, 2016 | Sep. 30, 2016 | Jun. 30, 2016 | Mar. 31, 2016 | Dec. 31, 2018 | Dec. 31, 2017 | Dec. 31, 2016
Segment Reporting Information [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Operating revenue | $ 24,857 | $ 33,409 | $ 31,607 | $ 31,083 | $ 31,005 | $ 31,807 | $ 31,587 | $ 31,822 | $ 29,557 | $ 30,067 | $ 30,834 | $ 29,205 | $ 120,956 | $ 126,221 | $ 119,663
Operating expenses |  |  |  |  |  |  |  |  |  |  |  |  | (59,587) | (64,091) | (62,950)
Interest income |  |  |  |  |  |  |  |  |  |  |  |  | 21,645 | 18,941 | 20,453
Gain on sale of income-producing properties |  |  |  |  |  |  |  |  |  |  |  |  |  | 16,698 | 16,207
Gain on land sales | 3,826 | 12,243 |  | 1,335 | 3,853 | 1,062 | (476) | 445 | (805) | 555 | 1,719 | 1,652 | 17,404 | 4,884 | 3,121
Segment operating income (loss) | 140 | $ 5,210 | $ 3,617 | $ 4,918 | 2,713 | $ 5,410 | $ 4,828 | $ 4,477 | 2,893 | $ 3,795 | $ 4,622 | $ 3,324 | 13,885 | 17,428 | 14,634
Assets | 381,043 |  |  |  | 988,117 |  |  |  |  |  |  |  | 381,043 | 988,117 |
Property Sales |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Gain on land sales |  |  |  |  |  |  |  |  |  |  |  |  |  | 16,698 | 16,207
Commercial Properties [Member] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Operating revenue |  |  |  |  |  |  |  |  |  |  |  |  | 33,113 | 33,286 | 33,026
Operating expenses |  |  |  |  |  |  |  |  |  |  |  |  | (16,252) | (18,549) | (20,398)
Depreciation and amortization |  |  |  |  |  |  |  |  |  |  |  |  | (9,530) | (9,358) | (9,099)
Mortgage and loan interest |  |  |  |  |  |  |  |  |  |  |  |  | (7,663) | (7,527) | (7,191)
Interest income |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Gain on sale of income-producing properties |  |  |  |  |  |  |  |  |  |  |  |  |  | 2,391 | (238)
Gain on land sales |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Segment operating income (loss) |  |  |  |  |  |  |  |  |  |  |  |  | (332) | 243 | (3,900)
Capital expenditures |  |  |  |  |  |  |  |  |  |  |  |  | 8,246 | (5,817) | 5,008
Assets | 153,014 |  |  |  | 137,157 |  |  |  | 150,838 |  |  |  | 153,014 | 137,157 | 150,838
Property Sales |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Sales price |  |  |  |  |  |  |  |  |  |  |  |  |  | 5,050 |
Cost of sale |  |  |  |  |  |  |  |  |  |  |  |  |  | (2,659) | 1,500
Recognized prior deferred gain |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (1,738)
Gain on land sales |  |  |  |  |  |  |  |  |  |  |  |  |  | 2,391 | (238)
Apartments [Member] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Operating revenue |  |  |  |  |  |  |  |  |  |  |  |  | 87,832 | 92,807 | 86,603
Operating expenses |  |  |  |  |  |  |  |  |  |  |  |  | (42,134) | (43,677) | (40,786)
Depreciation and amortization |  |  |  |  |  |  |  |  |  |  |  |  | (13,140) | (16,354) | (14,759)
Mortgage and loan interest |  |  |  |  |  |  |  |  |  |  |  |  | (20,671) | (22,347) | (25,381)
Interest income |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Gain on sale of income-producing properties |  |  |  |  |  |  |  |  |  |  |  |  |  | 12,760 | 16,445
Gain on land sales |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Segment operating income (loss) |  |  |  |  |  |  |  |  |  |  |  |  | 11,887 | 23,189 | 22,122
Capital expenditures |  |  |  |  |  |  |  |  |  |  |  |  | 16,953 | 1,402 | 864
Assets | 143,500 |  |  |  | 727,508 |  |  |  | 622,061 |  |  |  | 143,500 | 727,508 | 622,061
Property Sales |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Sales price |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cost of sale |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 20,350
Recognized prior deferred gain |  |  |  |  |  |  |  |  |  |  |  |  |  | 12,760 | (3,905)
Gain on land sales |  |  |  |  |  |  |  |  |  |  |  |  |  | 12,760 | 16,445
Land [Member] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Operating revenue |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 111 | 30
Operating expenses |  |  |  |  |  |  |  |  |  |  |  |  | (645) | (878) | (1,745)
Depreciation and amortization |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Mortgage and loan interest |  |  |  |  |  |  |  |  |  |  |  |  | (636) | (1,945) | (2,232)
Interest income |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Gain on sale of income-producing properties |  |  |  |  |  |  |  |  |  |  |  |  |  | 1,547 |
Gain on land sales |  |  |  |  |  |  |  |  |  |  |  |  | 17,404 | 4,884 | 3,121
Segment operating income (loss) |  |  |  |  |  |  |  |  |  |  |  |  | 16,124 | 3,719 | (826)
Capital expenditures |  |  |  |  |  |  |  |  |  |  |  |  |  | 609 | 268
Assets | 84,529 |  |  |  | 123,452 |  |  |  | 128,107 |  |  |  | 84,529 | 123,452 | 128,107
Property Sales |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Sales price |  |  |  |  |  |  |  |  |  |  |  |  | 43,311 | 29,969 |
Cost of sale |  |  |  |  |  |  |  |  |  |  |  |  | (25,907) | (23,538) | 29,128
Recognized prior deferred gain |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (26,007)
Gain on land sales |  |  |  |  |  |  |  |  |  |  |  |  | 17,404 | 6,431 | 3,121
Other [Member] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Operating revenue |  |  |  |  |  |  |  |  |  |  |  |  | 10 | 17 | 4
Operating expenses |  |  |  |  |  |  |  |  |  |  |  |  | (556) | (987) | (21)
Depreciation and amortization |  |  |  |  |  |  |  |  |  |  |  |  |  | 33 | 73
Mortgage and loan interest |  |  |  |  |  |  |  |  |  |  |  |  | (37,093) | (34,352) | (24,558)
Interest income |  |  |  |  |  |  |  |  |  |  |  |  | 21,645 | 18,941 | 20,453
Gain on sale of income-producing properties |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Gain on land sales |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Segment operating income (loss) |  |  |  |  |  |  |  |  |  |  |  |  | (15,994) | (16,348) | (4,049)
Capital expenditures |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Property Sales |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Sales price |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cost of sale |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Recognized prior deferred gain |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Gain on land sales |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total Segment [Member] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Operating revenue |  |  |  |  |  |  |  |  |  |  |  |  | 120,956 | 126,221 | 119,663
Operating expenses |  |  |  |  |  |  |  |  |  |  |  |  | (59,587) | (64,091) | (62,950)
Depreciation and amortization |  |  |  |  |  |  |  |  |  |  |  |  | (22,670) | (25,679) | (23,785)
Mortgage and loan interest |  |  |  |  |  |  |  |  |  |  |  |  | (66,063) | (66,171) | (59,362)
Interest income |  |  |  |  |  |  |  |  |  |  |  |  | 21,645 | 18,941 | 20,453
Gain on sale of income-producing properties |  |  |  |  |  |  |  |  |  |  |  |  |  | 16,698 | 16,207
Gain on land sales |  |  |  |  |  |  |  |  |  |  |  |  | 17,404 | 4,884 | 3,121
Segment operating income (loss) |  |  |  |  |  |  |  |  |  |  |  |  | 11,685 | 10,803 | 13,347
Capital expenditures |  |  |  |  |  |  |  |  |  |  |  |  | 25,199 | (3,806) | 6,140
Assets | $ 381,043 |  |  |  | $ 988,117 |  |  |  | $ 901,006 |  |  |  | 381,043 | 988,117 | 901,006
Property Sales |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Sales price |  |  |  |  |  |  |  |  |  |  |  |  | 43,311 | 35,019 |
Cost of sale |  |  |  |  |  |  |  |  |  |  |  |  | (25,907) | (26,197) | 50,978
Recognized prior deferred gain |  |  |  |  |  |  |  |  |  |  |  |  |  | 12,760 | (31,650)
Gain on land sales |  |  |  |  |  |  |  |  |  |  |  |  | $ 17,404 | $ 21,582 | $ 19,328

X
- Definition Refers to capital expenditures as on date + References No definition available. + Details
Name: | arl_CapitalExpenditures
Namespace Prefix: | arl_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition This element represents the amount of gain (loss) on sale of land during the reporting period. + References No definition available. + Details
Name: | arl_GainLossOnLandSales
Namespace Prefix: | arl_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of the cost of borrowed funds accounted for as interest expense for debt including loan charges and prepayment penalities. + References No definition available. + Details
Name: | arl_MortgageAndLoanInterestIncludingCharges
Namespace Prefix: | arl_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- References No definition available. + Details
Name: | arl_PropertySalesAbstract
Namespace Prefix: | arl_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The cost of sales of real estate. + References No definition available. + Details
Name: | arl_RealEstateCostOfSales
Namespace Prefix: | arl_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The selling of price of real estate. + References No definition available. + Details
Name: | arl_RealEstateSalesPrice
Namespace Prefix: | arl_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Represents information related to recognized prior deferred gain. + References No definition available. + Details
Name: | arl_RecognizedPriorDeferredGain
Namespace Prefix: | arl_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The current period expense charged against earnings on long-lived, physical assets not used in production, and which are not intended for resale, to allocate or recognize the cost of such assets over their useful lives; or to record the reduction in book value of an intangible asset over the benefit period of such asset; or to reflect consumption during the period of an asset that is not used in production. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=109223946&loc=d3e3602-108585 + Details
Name: | us-gaap_DepreciationAndAmortization
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of expense incurred and directly related to generating revenue from leased and rented property or equipment. + References Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.2(c)) -URI http://asc.fasb.org/extlink&oid=115205541&loc=SL114868664-224227 + Details
Name: | us-gaap_DirectCostsOfLeasedAndRentedPropertyOrEquipment
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of gain (loss) on sale or disposal of property, plant and equipment assets, excluding oil and gas property and timber property. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=109223946&loc=d3e3602-108585 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 45 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=109226348&loc=d3e2443-110228 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 3 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=109226691&loc=d3e2941-110230 + Details
Name: | us-gaap_GainLossOnDispositionOfAssets
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The difference between the carrying value and the sale price of real estate or properties that were intended to be sold or held for capital appreciation or rental income. This element refers to the gain (loss) included in earnings and not to the cash proceeds of the sale. This element is a noncash adjustment to net income when calculating net cash generated by operating activities using the indirect method. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 3 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=109226691&loc=d3e2941-110230 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=109223946&loc=d3e3602-108585 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 45 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=109226348&loc=d3e2443-110228 + Details
Name: | us-gaap_GainLossOnSaleOfProperties
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of interest income earned from interest bearing assets classified as other. + References No definition available. + Details
Name: | us-gaap_InterestIncomeOther
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The net result for the period of deducting operating expenses from operating revenues. + References No definition available. + Details
Name: | us-gaap_OperatingIncomeLoss
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of real estate investment property, net of accumulated depreciation, which may include the following: (1) land available-for-sale; (2) land available-for-development; (3) investments in building and building improvements; (4) tenant allowances; (5) developments in-process; (6) rental properties; and (7) other real estate investments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03.1(d)) -URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910 + Details
Name: | us-gaap_RealEstateInvestmentPropertyNet
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1) -URI http://asc.fasb.org/extlink&oid=115205541&loc=SL114868664-224227 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8933-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599 + Details
Name: | us-gaap_Revenues
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_SegmentReportingInformationLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_StatementBusinessSegmentsAxis=arl_CommercialSegmentsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementBusinessSegmentsAxis=arl_ApartmentsSegmentsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementBusinessSegmentsAxis=arl_LandSegmentsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementBusinessSegmentsAxis=us-gaap_AllOtherSegmentsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementBusinessSegmentsAxis=arl_TotalSegmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |