American Realty Investors, Inc. (ARL) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
1603 LBJ FREEWAY DALLAS, TX 75234 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 651 - Real Estate Operators (except Developers) And Lessors (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 6/30/2023 MRQ | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 233,232 | 66,749 | 36,814 | 51,228 | 36,428 | 42,920 | |||
| Cash and cash equivalents | 113,445 | 50,748 | 36,814 | 51,228 | 36,428 | 42,920 | |||
| Short-term investments | 119,787 | 16,001 | |||||||
| Restricted cash and investments | 106,600 | ||||||||
| Total current assets: | 233,232 | 66,749 | 36,814 | 51,228 | 143,028 | 42,920 | |||
| Noncurrent Assets | |||||||||
| Inventory, real estate | 800 | 2,400 | |||||||
| Property, plant and equipment | 108,933 | 67,348 | 50,759 | ||||||
| Long-term investments and receivables | 28,226 | 61,621 | 60,425 | 8,507 | 7,602 | 6,396 | |||
| Long-term investments | 28,226 | 61,621 | 60,425 | 8,507 | 7,602 | 6,396 | |||
| Total noncurrent assets: | 137,159 | 128,969 | 111,184 | 9,307 | 7,602 | 8,796 | |||
| Other undisclosed assets | 827,088 | 574,851 | 717,766 | 770,106 | 675,519 | 1,245,004 | |||
| TOTAL ASSETS: | 1,197,479 | 770,569 | 865,764 | 830,641 | 826,149 | 1,296,720 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 158,574 | 113,049 | |||||||
| Interest and dividends payable | ✕ | ✕ | 158,574 | 113,049 | |||||
| Total current liabilities: | 158,574 | 113,049 | |||||||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 261,436 | 286,107 | 897,499 | ||||||
| Long-term debt, excluding current maturities | 261,436 | 286,107 | 897,499 | ||||||
| Liabilities, other than long-term debt | 9,791 | 9,791 | 19,821 | 24,800 | |||||
| Deferred gain on sale of property | 9,791 | 9,791 | 19,821 | 24,800 | ✕ | ||||
| Total noncurrent liabilities: | 9,791 | 9,791 | 19,821 | 286,236 | 286,107 | 897,499 | |||
| Other undisclosed liabilities | 375,520 | 423,927 | 515,537 | 247,889 | 60,341 | 120,289 | |||
| Total liabilities: | 385,311 | 433,718 | 535,358 | 534,125 | 505,022 | 1,130,837 | |||
| Equity | |||||||||
| Equity, attributable to parent | 613,487 | 240,138 | 236,791 | 239,499 | 258,325 | 112,074 | |||
| Preferred stock | 1,801 | 1,801 | 1,801 | 5 | 5 | 2,205 | |||
| Common stock | 162 | 162 | 162 | 164 | 164 | 159 | |||
| Treasury stock, value | (2) | (6,395) | (6,395) | (6,395) | |||||
| Additional paid in capital | 62,090 | 62,090 | 62,092 | 82,017 | 84,885 | 110,138 | |||
| Retained earnings | 549,434 | 176,085 | 172,738 | 163,708 | 179,666 | 5,967 | |||
| Equity, attributable to noncontrolling interest | 198,681 | 96,713 | 93,615 | 57,017 | 62,802 | 53,809 | |||
| Total equity: | 812,168 | 336,851 | 330,406 | 296,516 | 321,127 | 165,883 | |||
| TOTAL LIABILITIES AND EQUITY: | 1,197,479 | 770,569 | 865,764 | 830,641 | 826,149 | 1,296,720 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 37,544 | 42,039 | 59,026 | 47,970 | 120,956 | 126,221 | ||
| Revenue, net | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 126,221 | |
| Operating lease, lease income | 34,080 | 37,808 | 51,909 | ✕ | ✕ | |||
| Other income | 3,464 | 4,231 | 7,117 | 28,993 | ||||
| Cost of revenue | (40,062) | (48,041) | (47,540) | (64,091) | ||||
| Cost of goods and services sold | (28,025) | (32,730) | (39,115) | (64,091) | ||||
| Gross profit: | (2,518) | (6,002) | 11,486 | 47,970 | 120,956 | 62,130 | ||
| Operating expenses | (6,749) | (14,616) | (11,598) | (108,793) | ||||
| Other undisclosed operating income (loss) | (59,378) | (107,071) | 64,091 | |||||
| Operating income (loss): | (9,267) | (20,618) | (112) | (11,408) | 13,885 | 17,428 | ||
| Nonoperating income (expense) | 55,293 | 17,246 | 9,720 | (25,527) | (1,513) | (47,706) | ||
| Investment income, nonoperating | 35,226 | 23,421 | 23,098 | 25,955 | ||||
| Gain (loss), foreign currency transaction, before tax | 20,067 | (6,175) | (13,378) | (15,108) | 12,399 | (4,536) | ||
| Other nonoperating income | 11,018 | |||||||
| Interest and debt expense | (29,001) | (30,531) | (35,004) | (1,544) | (2,994) | (971) | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 2,994 | 971 | ||||||
| Income (loss) from continuing operations before equity method investments, income taxes: | 17,025 | (33,903) | (25,396) | (38,479) | 12,372 | (30,278) | ||
| Income (loss) from equity method investments | 469,268 | 14,634 | (379) | |||||
| Other undisclosed income from continuing operations before income taxes | 1,544 | 171,530 | 21,582 | |||||
| Income (loss) from continuing operations before income taxes: | 486,293 | (19,269) | (25,775) | (36,935) | 183,902 | (8,696) | ||
| Income tax expense (benefit) | (98,108) | 1,067 | 147 | (1,210) | (180) | |||
| Other undisclosed income from continuing operations | 15,192 | |||||||
| Income (loss) from continuing operations: | 388,185 | (18,202) | (25,628) | (21,743) | 182,692 | (8,876) | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | (18,202) | (25,628) | (21,743) | 182,692 | (8,876) | ||
| Other undisclosed net income | 87,132 | 24,647 | 36,895 | |||||
| Net income (loss): | 475,317 | 6,445 | 11,267 | (21,743) | 182,692 | (8,876) | ||
| Net income (loss) attributable to noncontrolling interest | (101,968) | (3,098) | (2,237) | 5,785 | ||||
| Other undisclosed net income (loss) attributable to parent | (8,993) | 445 | ||||||
| Net income (loss) attributable to parent: | 373,349 | 3,347 | 9,030 | (15,958) | 173,699 | (8,431) | ||
| Preferred stock dividends and other adjustments | (1) | (901) | (1,105) | |||||
| Net income (loss) available to common stockholders, diluted: | 373,349 | 3,347 | 9,030 | (15,959) | 172,798 | (9,536) | ||
Comprehensive Income ($ in thousands)
| 6/30/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 475,317 | 6,445 | 11,267 | (21,743) | 182,692 | (8,876) | ||
| Comprehensive income (loss): | 475,317 | 6,445 | 11,267 | (21,743) | 182,692 | (8,876) | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (101,968) | (3,098) | (2,237) | 5,785 | (8,993) | 445 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 373,349 | 3,347 | 9,030 | (15,958) | 173,699 | (8,431) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.