XML 42 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATED BALANCE SHEETS (USD $)
Sep. 30, 2013
Dec. 31, 2012
ASSETS:    
Real estate, at cost $ 995,380 $ 1,031,632
Real estate held for sale at cost, net of depreciation ($ 151 for 2013 and $4,393 for 2012) 0 17,040
Real estate subject to sales contracts at cost, net of depreciation ($1,861 for 2013 and $15,948 for 2012) 39,794 42,286
Less accumulated depreciation (164,387) (160,525)
Total real-estate 870,787 930,433
Notes and interest receivable    
Performing (including $114,187in 2013 and 114,275 in 2012 from related parties) 121,361 120,998
Non-performing 3,901 4,175
Less allowance for doubtful accounts (including $15,809 in 2013 and $18,962 in 2012 from related parties) (20,123) (21,704)
Total notes and interest receivable 105,139 103,469
Cash and cash equivalents 9,425 17,141
Investment in unconsolidated investees 10,337 8,168
Other assets; 69,688 76,134
Total assets 1,065,376 1,135,345
Liabilities    
Notes and interest payable 750,994 769,201
Notes related to assets held for sale 2,466 18,915
Notes related to subject to sales contracts 28,068 55,976
Stock-secured notes payable and margin debt 24,276 25,765
Related party payables 8,430 10,922
Deferred gain (including $74,303 in 2013 and $71,303 in 2012 from sales to related parties) 76,148 73,148
Accounts payable and other liabilities (including $11,354 I 2013 and $15,746 in 2012 to related parties) 88,829 96,314
Total Liabilities 979,211 1,050,241
Shareholders' equity:    
Preferred stock, Series A: $2.00 par value, authorized 15,000,000 shares, issued and outstanding 3,353,954 shares in 2013 and 2012 (liquidation preference $10 per share), including 900,000 shares in 2013 and 2012 held by subsidiaries Series K: $2.00 par value, authorized, issued and outstanding 135,000 and 0 shares in 2013 and 2012, respectively (liquidation preference $22 per share), held by TCI (consolidated) 4,908 4,908
Common stock, $0.01 par value, authorized 100,000,000 shares; issued 11,941,174 shares and outstanding 11,525,389 shares in 2013 and 2012 115 115
Treasury stock (Common Stock)at cost; 415,785 shares in 2013 and 2012 and 229,214 shares held by TCI (consolidated) as of 2013 and 2012 (6,395) (6,395)
Paid-in capital 103,671 105,700
Retained earnings (50,769) (53,071)
Accumulated other comprehensive loss (786) (786)
Total American Realty Investors, Inc. shareholders' equity 50,744 50,471
Non-controlling interest 35,421 34,633
Total shareholders' equity 86,165 85,104
Total liabilities and shareholders' equity $ 1,065,376 $ 1,135,345