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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Revenues:      
Rental and other property revenues (including $841, $144 and $839 for the year ended 2019, 2018 and 2017, respectively, from related parties) $ 47,970 $ 120,956 $ 126,221
Expenses:      
Property operating expenses (including $991, $254 and $959 for the year ended 2019, 2018 and 2017, respectively, from related parties) 25,694 59,587 64,091
Depreciation and amortization 13,379 22,670 25,679
General and administrative (including $4,429, $1,267and $3,225 for the year ended 2019, 2018 and 2017, respectively, from related parties) 13,336 12,708 7,691
Net income fee to related party 357 631 250
Advisory fee to related party 6,612 11,475 11,082
Total operating expenses 59,378 107,071 108,793
Net operating (loss) income (11,408) 13,885 17,428
Other income (expenses):      
Interest income (including $23,760, $5,406 and $16,298 for the year ended 2019, 2018 and 2017, respectively, from related parties) 25,955 21,645 18,941
Other income 11,018 28,993 4,082
Mortgage and loan interest (including $9,282, $2,240 and $6,695 for the year ended 2019, 2018 and 2017, respectively, from related parties) (39,860) (66,063) (66,171)
Loss on the sale of investments     (331)
Foreign currency transaction gain (loss) (15,108) 12,399 (4,536)
Loss on extinguishment of debt (5,219)    
Equity (loss) earnings from VAA (2,774) 44  
Earnings from unconsolidated subsidiaries and investees 461 1,469 309
Total other (expenses) (25,527) (1,513) (47,706)
(Loss) income before gain on land sales, non-controlling interest, and taxes (36,935) 12,372 (30,278)
Gain on disposition of 50% interestt in VAA   154,126  
Gain on sale of income-producing properties (80)   16,698
Gain on land sales 15,272 17,404 4,884
Net (loss) income from continuing operations before taxes (21,743) 183,902 (8,696)
Income tax expense (1,210) (180)
Net (loss) income from continuing operations (21,743) 182,692 (8,876)
Net (loss) income (21,743) 182,692 (8,876)
Net loss (income) attributable to non-controlling interest 5,785 (8,993) 445
Net (loss) income attributable to American Realty Investors, Inc. (15,958) 173,699 (8,431)
Preferred dividend requirement (1) (901) (1,105)
Net (loss) income applicable to common shares $ (15,959) $ 172,798 $ (9,536)
Earnings per share - basic      
Net (loss) income from continuing operations (in dollars per share) $ (1.36) $ 11.43 $ (0.57)
Net (loss) income applicable to common shares (in dollars per share) (1.00) 10.81 (0.61)
Earnings per share - diluted      
Net (loss) income from continuing operations (in dollars per share) (1.36) 10.94 (0.57)
Net (loss) income applicable to common shares (in dollars per share) $ (1.00) $ 10.35 $ (0.61)
Weighted average common shares used in computing earnings per share (in shares) 15,997,076 15,982,528 15,514,360
Weighted average common shares used in computing diluted earnings per share (in shares) 15,997,076 16,697,966 15,514,360
Amounts attributable to American Realty Investors, Inc.      
Net (loss) income from continuing operations $ (21,743) $ 182,692 $ (8,876)
Net (loss) income applicable to common shares $ (15,959) $ 172,798 $ (9,536)