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CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Revenues:        
Rental and other property revenues (including $280 and $202 for the three months and $546 and $413 for the six months ended 2020 and 2019, respectively, from related parties) $ 11,947 $ 11,840 $ 23,865 $ 23,769
Expenses:        
Property operating expenses (including $254 and $246 for the three months ended and $496 and $504 for the six months ended 2020 and 2019, respectively, from related parties) 5,810 7,323 12,120 13,320
Depreciation and amortization 3,418 3,439 6,812 6,548
General and administrative (including $765 and $985 for the three months ended and $1,898 and $2,582 for the six months ended 2020 and 2019, respectively, from related parties) 1,669 2,419 4,464 5,024
Franchise taxes and other expenses   585 1,496 585
Net income fee to related party 112 90 198 190
Advisory fee to related party 2,241 2,361 4,528 4,214
Total operating expenses 13,250 16,217 29,618 29,881
Net operating loss (1,303) (4,377) (5,753) (6,112)
Other income (expenses):        
Interest income (including $5,129 and $6,207 for the three months ended and $9,755 and $12,304 for the six months ended 2020 and 2019, respectively, from related parties) 5,284 6,505 11,038 12,658
Other income 2,794 3,364 4,006 7,031
Mortgage and loan interest (including $1,543 and $2,385 for the three months ended and $3,458 and $4,692 for the six months ended 2020 and 2019, respectively, from related parties) (9,071) (9,408) (18,673) (19,376)
Foreign currency transaction (loss) gain (5,599) (2,325) 2,244 (8,143)
Equity loss from VAA (735) (236) (1,111) (1,291)
Earnings from unconsolidated subsidiaries and investees 16 173 132 231
Total other income (expenses) (7,311) (1,927) (2,364) (8,890)
Income (loss) before gain on land sales, non-controlling interest, and taxes (8,614) (6,304) (8,117) (15,002)
Loss on sale of income producing properties   (80)   (80)
Gain on land sales 5,339 2,517 9,477 4,733
Net income (loss) before taxes (3,275) (3,867) 1,360 (10,349)
State income tax expense (49)   (296)  
Net income (loss) (3,324) (3,867) 1,064 (10,349)
Net (income) loss attributable to non-controlling interest 1,018 1,089 (424) 1,424
Net income (loss) attributable to American Realty Investors, Inc. (2,306) (2,778) 640 (8,925)
Net income (loss) applicable to common shares $ (2,306) $ (2,778) $ 640 $ (8,925)
(Loss) earnings per share - basic        
Net income (loss) (in dollars per share) $ (0.21) $ (0.24) $ 0.07 $ (0.65)
Net income (loss) applicable to common shares (in dollars per share) (0.14) (0.17) 0.04 (0.56)
(Loss) earnings per share - diluted        
Net income (loss) (in dollars per share) (0.21) (0.24) 0.07 (0.65)
Net income (loss) applicable to common shares (in dollars per share) $ (0.14) $ (0.17) $ 0.04 $ (0.56)
Weighted average common shares used in computing earnings per share (in shares) 15,997,076 15,997,076 15,997,076 15,997,076
Weighted average common shares used in computing diluted earnings per share (in shares) 15,997,076 15,997,076 15,997,076 15,997,076
Amounts attributable to American Realty Investors, Inc.        
Net income (loss) $ (3,324) $ (3,867) $ 1,064 $ (10,349)
Net income (loss) applicable to American Realty Investors, Inc. $ (2,306) $ (2,778) $ 640 $ (8,925)