American realty investors inc (ARL)
Balance Sheet / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Feb'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Dec'10
Assets
Real estate, at cost

482,834

469,997

464,452

450,143

449,007

455,993

319,713

1,147,612

1,108,903

1,117,429

1,074,107

1,059,981

1,035,008

1,017,684

1,026,235

1,012,240

961,548

954,390

961,099

921,843

-

810,214

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Real estate subject to sales contracts at cost

6,887

7,966

1,626

-

-

3,149

46,262

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

45,956

-

-

-

-

Real estate subject to sales contracts at cost

-

-

-

1,626

3,488

-

-

46,262

48,234

48,234

48,898

48,366

48,323

48,919

49,155

49,155

49,155

49,155

9,213

19,032

-

19,026

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Real estate, at cost

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

811,359

-

745,544

770,583

770

799,698

995

1,004

1,002

1,031

1,056

1,066,094

1,081,349

1,120

1,066,572

1,081,686

1,170,214

Real estate held for sale at cost, net of depreciation ($0 in 2014 and $2,390 in 2013 )

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

44,288

627

9

16,427

0

0

19

17

0

2,329

-

15

-

-

-

Real estate subject to sales contracts at cost, net of depreciation ($2,387 for 2015 and $2,300 for 2014)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

19,047

-

19,594

23,087

23

27,598

39

27

39

42

46

48,515

-

49

-

-

-

Real estate held for sale at cost, net of depreciation

-

-

-

14,737

14,737

-

760,497

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

28,663

-

-

-

-

Real estate subject to sales contracts at cost, net of depreciation ($9,790 for 2011 and $75,639 for 2010)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

170,990

225,836

295,921

Less accumulated depreciation

93,144

90,173

86,088

83,084

80,755

78,099

76,482

183,630

178,007

177,546

183,762

177,700

171,607

165,597

165,681

159,991

155,332

150,038

145,101

138,961

-133,800

129,477

-125,352

123,137

-120

-143,429

-164

-159

-154

-160

-159

-154,499

-160,628

-158

114,534

104,765

133,550

Total real estate

396,577

387,790

379,990

383,422

386,477

381,043

1,049,990

1,010,244

979,130

988,117

939,243

930,647

911,724

901,006

909,709

901,404

855,371

853,507

825,211

801,914

696,606

699,763

684,074

671,160

683

700,294

870

873

906

930

943

962,439

995,340

1,026

1,123,028

1,202,757

1,332,585

Notes and interest receivable (including $106,148 in 2020 and $105,524 in 2019 from related parties)

170,918

169,299

172,468

-

-

140,327

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Less allowance for estimated losses (including $12,557 and $13,099 in 2020 and 2019 from related parties)

12,557

13,099

14,269

-

-

14,269

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Notes and interest receivable (including $106,102 in 2019 and $105,803 in 2018 from related parties)

-

-

-

173,851

138,731

-

138,290

142,277

144,526

127,865

119,592

123,911

138,733

143,601

136,111

140,891

133,274

137,280

132,452

140,483

-

149,484

163,335

154,410

145

-

121

118

119

120

117

118,710

114,810

110

-

-

-

Non-performing

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

3,181

3,171

3,161

3,151

3,141

3

3,140

3

4

4

4

4

5,908

9,160

4

-

-

-

Less allowance for estimated losses (including $14,269 in 2019 and 2018 from related parties)

-

-

-

14,269

14,269

-

14,270

15,770

15,770

15,770

17,037

17,037

17,037

17,037

17,037

17,037

17,037

17,037

17,037

-

-

18,279

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total notes and interest receivable

-

-

-

159,582

124,462

-

124,020

126,507

128,756

112,095

102,555

106,874

121,696

126,564

119,074

123,854

116,237

120,243

115,415

-

-

134,366

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Performing (including $104,969 in 2011 and $89,982 in 2010 from affiliates and related parties)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

85,313

87,519

99,839

Non-performing

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,582

3,141

3,123

Less allowance for doubtful accounts (including $15,537 in 2015 and 2014 from related parties)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

18,279

-

-

-

-

-

-

-

-

-

-

-

-

-

-

13,384

13,384

14,348

Total notes and interest receivable

158,361

156,200

158,199

-

-

126,058

-

-

-

-

-

-

-

-

-

-

-

-

-

125,385

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Performing (including $136,841 in 2015 and $139,466 in 2014 from related parties)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

153,271

-

-

-

-

153,275

-

-

-

-

-

-

-

-

-

-

-

Non-performing

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,171

-

3,151

3,141

3

3,140

3

4

4

4

4

5,908

9,160

4

-

-

-

Less allowance for doubtful accounts (including $15,537 in 2015 and 2014 from related parties)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-18,279

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Less allowance for estimated losses (including $15,537 in 2014 and $15,809 in 2013 from related parties)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-19,600

-

-

-

-

-

-

-

-

-

-

-

Less allowance for doubtful accounts (including $15,537 in 2014 and $15,809 in 2013 from related parties)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-18,279

-19,537

-19

-

-20

-

-

-21

-

-

-

-

-

-

-

Less allowance for estimated losses (including $15,962 and $18,962 in 2013 and 2012 from related parties)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-19

-21

-

-21

-23,383

-

-13

-

-

-

Less allowance for estimated losses (including $18,962 and $8,962 in 2012 and 2011 from affiliates and related parties)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-23,383

-

-

-

-

Total notes and interest receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

138,163

-

148,207

138,014

129

136,815

105

103

101

103

100

101,235

100,587

101

-

-

-

Cash and cash equivalents

39,946

51,228

63,075

37,644

28,163

36,428

23,768

28,116

40,899

33,778

57,982

58,260

55,284

17,522

-

-

10,239

15,232

11,989

19,157

19,700

12,299

4,383

13,721

18

16,437

9

9

-

13

-

-

-

-

-

-

-

Total notes and interest receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

76,511

77,276

88,614

Cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,343

19,152

-

-

-

-

-

-

-

-

-

-

-

-

8

-

6

18,090

8,161

20

9,360

10,479

12,649

Restricted cash

28,158

32,083

36,865

44,603

52,964

70,187

72,670

64,652

55,383

54,760

42,950

37,585

31,259

38,399

33,598

30,188

30,664

45,711

42,214

52,183

36,135

49,266

28,813

26,171

27

32,929

-

-

-

34

-

-

-

-

-

-

-

Investment in VAA

53,508

59,148

64,962

67,078

67,229

68,399

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investment in other unconsolidated investees

8,623

8,507

7,947

7,833

7,660

7,602

7,504

6,993

6,716

6,396

6,335

6,294

6,141

6,087

6,024

5,868

5,739

8,365

5,152

1,299

4,462

4,279

-

-

-

3,789

-

-

-

-

-

-

-

-

-

-

-

Receivable from related party

78,779

85,996

71,147

61,676

78,348

70,377

62,530

55,987

44,332

38,311

31,027

30,913

22,064

24,672

14,260

6,385

32,397

28,147

43,301

37,360

-

21,414

-

-

-

-

-

-

-

-

-

-

-

-

12,499

4,477

-

Investments in unconsolidated subsidiaries and investees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,137

3,833

3

-

10

10

10

8

7

7,437

7,848

10

12,498

12,138

12,491

Receivable from related party

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,409

-

22,930

26,094

34

14,086

-

-

-

0

-

-

-

-

-

-

-

Related party receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

1

-

-

-

-

-

-

Other assets

51,119

49,689

50,177

55,715

69,510

66,055

61,956

56,605

57,107

63,263

52,472

62,163

65,557

60,659

49,388

44,824

56,620

46,163

43,829

39,320

45,213

44,111

43,442

43,232

42

38,972

69

61

63

45

74

71,044

-

76

90,235

94,224

110,936

Other assets (including $22 and $11 in 2012 and 2011 from affiliates and related parties)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

69,718

-

-

-

-

Total assets

815,071

830,641

832,362

817,553

814,813

826,149

1,402,438

1,349,104

1,312,323

1,296,720

1,232,564

1,232,736

1,213,725

1,174,909

1,139,396

1,131,675

1,107,267

1,117,368

1,087,111

1,076,618

945,688

965,498

935,986

922,225

940

943,322

1,065

1,058

1,090

1,135

1,133

1,160,245

1,181,654

1,235

1,324,131

1,401,351

1,557,275

Liabilities and Shareholders' Equity
Liabilities:
Notes and interest payable

260,969

254,873

250,725

-

-

286,968

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Bond and interest payable

207,832

229,722

223,433

-

-

158,574

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Notes and interest payable

-

-

-

293,079

293,473

-

319,958

921,461

892,191

898,750

832,762

826,309

830,742

845,107

827,789

820,921

801,905

797,962

782,570

755,508

-

638,891

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Notes and interest payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

621,596

-

597,469

621,663

629

618,930

750

757

751

794

789

800,162

833,969

855

814,975

819,513

913,134

Notes related to real estate held for sale

-

-

-

-

-

-

651,401

376

376

376

376

376

376

376

376

376

376

376

-

910

1,227

1,552

42,883

3,006

15

17,100

2

0

18

18

0

3,868

20,089

13

-

-

-

Notes related to real estate subject to sales contracts

-

-

-

-

-

-

-

0

347

1,957

3,939

4,012

4,177

5,612

5,815

6,072

6,220

6,422

-

-

-

18,616

-

-

-

-

-

-

-

-

-

-

-

-

-

-

315,547

Bond and interest payable

-

-

-

157,328

151,465

-

161,010

143,897

146,888

113,049

107,910

104,505

71,975

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Notes related to subject to sales contracts

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,793

18,251

18,434

-

18,769

20,758

20

23,012

28

21

53

55

53

55,503

40,615

44

188,742

281,246

-

Stock-secured notes payable and margin debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

24

24

25

-

-

-

-

26

-

-

23,100

Stock-secured notes payable and margin debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

26

26,133

26,486

-

23,655

26,120

-

Payable to related parties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8

0

1

10

0

13,816

638

10

-

-

-

Affiliate payables

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

12,219

Deferred revenue (including $24,762 in 2020 and 2019 to related parties)

24,762

24,762

28,847

30,188

30,359

33,904

39,426

78,548

77,342

77,332

78,336

91,087

91,390

91,380

91,370

91,360

91,347

91,336

71,672

72,633

74,409

74,409

76,148

76,148

76

76,148

76

76

73

73

76

77,572

79,072

78

103,064

95,589

98,504

Accounts payable and other liabilities (including $12,069 in 2020 and $11,817 in 2019 to related parties)

20,604

24,768

30,896

26,292

24,938

25,576

37,304

31,655

28,082

39,373

41,485

48,303

45,183

56,303

43,312

36,989

34,762

44,383

46,412

43,916

48,317

52,442

55,917

60,757

59

73,271

88

85

82

96

95

91,921

94,088

110

-

-

-

Accounts payable and other liabilities (including $1,822 in 2011 and $1,558 in 2010 to affiliates and related parties)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

96,411

76,204

88,506

Total liabilities

514,167

534,125

533,901

506,887

500,235

505,022

1,209,099

1,175,937

1,145,226

1,130,837

1,064,808

1,074,592

1,043,843

998,778

968,662

955,718

934,610

940,479

908,447

891,218

763,983

785,910

791,186

782,332

801

808,461

979

964

1,006

1,050

1,042

1,068,975

1,094,957

1,140

1,226,847

1,298,672

1,451,010

Shareholders' equity:
Preferred stock, Series A: $2.00 par value, authorized 15,000,000 shares, issued 614 and outstanding 1,800,614 in 2020 and 2019 (liquidation preference $10 per share), including 1,800,000 shares held by ARL and its subsidiaries in 2020 and 2019.

5

5

5

5

5

5

1,805

1,805

1,805

2,205

2,205

2,205

2,205

2,205

2,205

2,205

2,205

2,205

2,205

2,205

3,126

3,126

3,126

4,908

4

4,908

4

4

4

4

4

4,908

4,908

4

4,908

4,908

4,979

Preferred stock, Series K: $2.00 par value, authorized, issued and outstanding 135,000 and 0 shares in 2013 and 2012, respectively (liquidation preference $10 per share), held by TCI (consolidated)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

Common stock, $0.01 par value, 100,000,000 shares authorized; 16,412,861 shares issued and 15,997,076 outstanding as of 2020 and 2019, including 140,000 shares held by TCI (consolidated) in 2020 and 2019.

164

164

164

164

164

164

164

164

164

159

159

159

159

159

156

156

156

156

156

156

141

141

141

115

0

115

0

0

0

0

0

115

115

0

115

115

114

Treasury stock at cost; 415,785 shares in 2020 and 2019, and 140,000 shares held by TCI (consolidated) as of 2020 and 2019.

6,395

6,395

6,395

6,395

6,395

6,395

6,395

6,395

6,395

6,395

6,395

6,395

6,395

6,395

6,395

6,395

6,395

6,395

6,395

6,395

-6,395

6,395

-6,395

6,395

-6

-6,395

-6

-6

-6

-6

-6

-6,395

-6,395

-6

6,395

6,395

6,333

Paid-in capital

82,017

82,017

82,018

84,773

84,818

84,885

109,463

111,907

112,132

110,138

110,485

110,751

111,168

111,510

109,036

109,311

109,364

109,861

110,136

110,546

107,652

108,378

108,844

101,584

102

102,974

103

104

105

105

106

107,092

106,127

105

110,030

110,916

110,419

Retained earnings

166,654

163,708

163,170

170,741

173,519

179,666

31,512

11,161

5,307

5,967

7,154

-2,202

8,684

14,398

12,660

16,414

13,925

17,130

18,435

23,597

22,430

19,090

-8,046

-6,727

-8

-11,795

-50

-44

-52

-53

-48

-49,121

-53,786

-47

-42,192

-42,545

-47,776

Total American Realty Investors, Inc. shareholders' equity

242,445

239,499

238,962

249,288

252,111

258,325

136,549

118,642

113,013

112,074

113,608

104,518

115,821

121,877

117,662

121,691

119,255

122,957

124,537

130,109

181,705

124,340

144,800

139,893

138

134,861

86

94

84

85

91

55,813

50,183

95

65,680

66,213

60,617

Non-controlling interest

58,459

57,017

59,499

61,378

62,467

62,802

56,790

54,525

54,084

53,809

54,148

53,626

54,061

54,254

53,072

54,266

53,402

53,932

54,127

55,291

54,751

55,248

47,130

46,408

45

45,054

35

36

34

34

35

35,457

36,514

39

31,604

36,466

45,648

Accumulated other comprehensive income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0

-0

-0

-0

-0

-786

-786

-0

-786

-786

-786

Total shareholders' equity

300,904

296,516

298,461

310,666

314,578

321,127

193,339

173,167

167,097

165,883

167,756

158,144

169,882

176,131

170,734

175,957

172,657

176,889

178,664

185,400

126,954

179,588

97,670

93,485

92

89,807

50

57

50

50

55

91,270

86,697

55

97,284

102,679

106,265

Total liabilities and shareholders' equity

815,071

830,641

832,362

817,553

814,813

826,149

1,402,438

1,349,104

1,312,323

1,296,720

1,232,564

1,232,736

1,213,725

1,174,909

1,139,396

1,131,675

1,107,267

1,117,368

1,087,111

1,076,618

945,688

965,498

935,986

922,225

940

943,322

1,065

1,058

1,090

1,135

1,133

1,160,245

1,181,654

1,235

1,324,131

1,401,351

1,557,275