American Realty Investors(US:ARL)2026-03-12 17:53Financial Performance - Net income attributable to common shares for Q4 2025 was $9.8 million, or $0.60 per diluted share, compared to a net loss of $0.2 million, or $0.01 per diluted share in Q4 2024[2] - Total revenues increased by $1.0 million from $12.0 million in Q4 2024 to $13.0 million in Q4 2025, driven by a $0.6 million increase from commercial properties and a $0.7 million increase in other income[4] - The company’s total revenue for the twelve months ended December 31, 2025, was $50.0 million, compared to $47.3 million for the same period in 2024[10] Operating Expenses - Net operating loss increased to $3.0 million in Q4 2025 from $1.8 million in Q4 2024, primarily due to a $2.1 million rise in operating expenses[5] - Total operating expenses for Q4 2025 were $16.0 million, up from $13.8 million in Q4 2024[10] - Property operating expenses rose to $7.8 million in Q4 2025 from $6.8 million in Q4 2024[10] Asset Sales - The company reported a $15.0 million increase in gain on sale of assets, mainly attributed to the sale of Villas at Bon Secour for $28.0 million[6] - The company sold Villas at Bon Secour, a 200-unit multifamily property, resulting in a gain of $12.2 million and used proceeds to pay off an $18.8 million loan[7] Occupancy Rates - Total stabilized occupancy was 81% as of December 31, 2025, with multifamily properties at 93% and commercial properties at 59%[7] Interest Income - Interest income decreased to $3.2 million in Q4 2025 from $3.9 million in Q4 2024[10]