XML 28 R20.htm IDEA: XBRL DOCUMENT
v3.23.1

Bonds Payable | 3 Months Ended
--- | ---
Mar. 31, 2023
Debt Disclosure [Abstract] |
Bonds Payable | Bonds Payable We have issued nonconvertible bonds ("Bonds") through SPC, which were traded on the TASE. The Bonds were denominated in New Israeli Shekels ("NIS") and provide for semiannual principal and interest payments through maturity. T he Bonds were subject to a number of covenants, which include restrictions on the distribution of cash from SPC. In connection with the Bonds, we incurred a gain on foreign currency transactions of $971 and $3,772 for the three months ended March 31, 2023 and 2022, respectively. The outstanding balance of our Bonds at March 31, 2023 and December 31, 2022 is as follows:
Bond Issuance |  | March 31, 2023 |  | December 31, 2022 |  | Interest Rate |  | Maturity
Series A Bonds(1) |  | $ | 14,101 |  |  | $ | 28,971 |  |  | 7.30 | % |  | 7/31/23
Series B Bonds(1) |  | 29,046 |  |  | 35,806 |  |  | 6.80 | % |  | 7/31/25
Series C Bonds(2) |  | — |  |  | 66,546 |  |  | 4.65 | % |  | 1/31/23
|  | 43,147 |  |  | 131,323 |  |  |  |  |
Less unamortized deferred issuance costs |  | (1,475) |  |  | (2,105) |  |  |  |  |
|  | $ | 41,672 |  |  | $ | 129,218 |  |  |  |  |
(1) The bonds were collateralized by the assets of SPC. (2) The bonds were collateralized by a trust deed on Browning Place, a 625,297 square foot office building in Dallas, Texas. On January 31, 2023, we completed our scheduled bond payment of $88,279, which included in the full repayment of the Series C bonds. On May 4, 2023, we paid off the remaining balances of the Series A and Series B Bonds and withdrew from the TASE.

X
- Definition Disclosure of bonds and bonds interest payable. + References No definition available. + Details
Name: | arl_BondsPayableTextBlock
Namespace Prefix: | arl_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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