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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Revenues:      
Rental and other property revenues (including $587 and $223 and $955 for 2012 and 2011 and 2010 respectively from affiliates and related parties) $ 119,521 $ 108,480 $ 106,505
Expenses:      
Property operating expenses (including $1,126 and $1,156 and $1,575 for 2012 and 2011 and 2010 respectively from affiliates and related parties) 59,397 58,904 58,768
Depreciation and amortization 21,617 18,703 20,400
General and administrative (including $3,539 and $4,264 and $4,517 for 2012 and 2011 and 2010 respectively from affiliates and related parties) 6,388 13,619 12,457
Provision on impairment of notes receivable and real estate assets 4,730 44,372 51,588
Advisory fee to related party 10,182 13,225 15,770
Total operating expenses 102,314 148,823 158,983
Operating income (loss) 17,207 (40,343) (52,478)
Other income (expense):      
Interest income (including $14,182 and $9,641 and $7,363 for 2012 and 2011 and 2010 respectively from affiliates and related parties) 14,612 10,948 8,425
Other income (including $6,000 and $0 and $0 for 2012 and 2011 and 2010 respectively from affiliates and related parties) 7,950 2,723 8,726
Mortgage and loan interest (including $3,692 and $1,709 and $3,374 for 2012 and 2011 and 2010 respectively from affiliates and related parties) (59,034) (59,248) (65,049)
Gain (loss) on the sale of investments (361) 91 673
Earnings from unconsolidated subsidiaries and investees 372 79 (200)
Gain on foreign currency translation 0 0 222
Total other expenses (36,461) (45,407) (47,203)
Loss before gain on land sales, non-controlling interest, and taxes (19,254) (85,750) (99,681)
Gain (loss) on land sales 5,475 34,247 (10,103)
Income (loss) from continuing operations before tax (13,779) (51,503) (109,784)
Income tax benefit (expense) 2,474 15,672 1,668
Net loss from continuing operations (11,305) (35,831) (108,116)
Loss from discontinued operations (1,817) (12,131) (16,351)
Gain on sale of real estate from discontinued operations 8,885 56,907 19,306
Income tax benefit (expense) from discontinued operations (2,474) (15,672) (1,034)
Net income from discontinued operations 4,594 29,104 1,921
Net loss (6,711) (6,727) (106,195)
Net loss attributable to non-controlling interests 1,126 7,017 11,448
Net income (loss) attributable to American Realty Investors, Inc. (5,585) 290 (94,747)
Preferred dividend requirement (2,452) (2,456) (2,488)
Net loss applicable to common shares (8,037) (2,166) (97,235)
Earnings per share - basic      
Loss from continuing operations basic $ (1.10) $ (2.72) $ (8.65)
Income from discontinued operations basic $ 0.40 $ 2.53 $ 0.17
Net loss applicable to common shares - basic $ (0.70) $ (0.19) $ (8.48)
Earnings per share - diluted      
Loss from continuing operations diluted $ (1.10) $ (2.72) $ (8.65)
Income from discontinued operations diluted $ 0.40 $ 2.53 $ 0.17
Net loss applicable to common shares - diluted $ (0.70) $ (0.19) $ (8.48)
Weighted average common share used in computing earnings per share 11,525,389 11,517,431 11,463,084
Weighted average common share used in computing diluted earnings per share 11,525,389 11,517,431 11,463,084
Amounts attributable to American Realty Investors, Inc.      
Loss from continuing operations (ARI) (10,179) (28,814) (96,668)
Income (loss) from discontinued operations (ARI) 4,594 29,104 1,921
Net income (loss) (ARI) $ (5,585) $ 290 $ (94,747)