Name | Value |
---|---|
Revenues | 11.8M |
Cost of Revenue | 11.5M |
Gross Profit | 0.3M |
Operating Expense | 6.4M |
Operating I/L | -1.3M |
Other Income/Expense | 3.4M |
Interest Income | 4.8M |
Pretax | 2.1M |
Income Tax Expense | 0.6M |
Net Income/Loss | 1.2M |
American Realty Investors, Inc. and its subsidiaries specialize in acquiring, developing, and owning multifamily apartment communities and commercial real estate properties in the southwestern, southeastern, and mid-western United States. The company generates revenue by leasing apartment units to residents, leasing office, industrial, and retail space to businesses and government agencies, and selling land and properties. Its portfolio includes office buildings, retail properties, and multifamily apartment communities, totaling over 11,700 units, as well as developed and undeveloped land spanning 1,886 acres.