$ARL
AMERICAN REALTY INVESTORS INC

2023 Q4 Form 10-Q Financial Statement

#000110223823000023 Filed on November 09, 2023

View on sec.gov

Income Statement

Concept 2023 Q4 2023 Q3 2022 Q3
Revenue $14.05M $12.53M $8.319M
YoY Change 5.55% 50.57% -20.73%
Cost Of Revenue $7.316M $7.400M $4.701M
YoY Change 26.18% 57.41% -16.2%
Gross Profit $6.731M $5.100M $3.618M
YoY Change -10.38% 40.96% -25.92%
Gross Profit Margin 47.92% 40.72% 43.49%
Selling, General & Admin $4.891M $3.900M $4.613M
YoY Change 52.08% -15.46% -35.18%
% of Gross Profit 72.66% 76.47% 127.5%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $4.051M $3.340M $3.046M
YoY Change 9.43% 9.65% -22.77%
% of Gross Profit 60.18% 65.49% 84.19%
Operating Expenses $8.922M $7.200M $6.806M
YoY Change 47.18% 5.79% -32.29%
Operating Profit -$2.191M -$2.104M -$3.188M
YoY Change -251.21% -34.0% -38.31%
Interest Expense $14.00K $7.300M $468.7M
YoY Change -98.46% -98.44% 47968.41%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$4.256M $5.200M $465.9M
YoY Change -105.84% -98.88% 1714.91%
Income Tax -$960.0K $1.127M $81.55M
% Of Pretax Income 21.67% 17.51%
Net Earnings -$2.123M $2.988M $302.3M
YoY Change -104.89% -99.01% 1457.31%
Net Earnings / Revenue -15.11% 23.85% 3633.72%
Basic Earnings Per Share -$0.13 $0.18 $18.72
Diluted Earnings Per Share -$0.13 $0.18 $18.72
COMMON SHARES
Basic Shares Outstanding 16.15M shares 16.15M shares 16.15M shares
Diluted Shares Outstanding 16.15M shares 16.15M shares

Balance Sheet

Concept 2023 Q4 2023 Q3 2022 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $36.74M $47.20M $131.2M
YoY Change -67.61% -64.03% 105.46%
Cash & Equivalents $36.74M $47.20M $131.2M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $96.53M $92.40M $107.2M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $133.3M $139.6M $238.5M
YoY Change -39.87% -41.46% 42.57%
LONG-TERM ASSETS
Property, Plant & Equipment $501.6M $502.0M $270.2M
YoY Change 1.57% 85.82% -9.95%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $100.5M $144.4M $388.7M
YoY Change -32.1% -62.85% 565.2%
Other Assets $42.33M $36.10M $17.95M
YoY Change -61.13% 101.11% -10.65%
Total Long-Term Assets $890.2M $922.7M $911.7M
YoY Change -8.78% 1.21% 50.59%
TOTAL ASSETS
Total Short-Term Assets $133.3M $139.6M $238.5M
Total Long-Term Assets $890.2M $922.7M $911.7M
Total Assets $1.023B $1.062B $1.150B
YoY Change -14.53% -7.64% 48.86%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $11.87M $46.90M $95.41M
YoY Change -77.65% -50.85% 111.24%
Accrued Expenses $2.633M $2.500M $3.195M
YoY Change -49.35% -21.75% -8.14%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $14.50M $49.40M $98.61M
YoY Change -75.13% -49.9% 102.7%
LONG-TERM LIABILITIES
Long-Term Debt $182.7M $182.4M $286.0M
YoY Change -42.41% -36.22% -22.54%
Other Long-Term Liabilities $9.791M $9.800M $9.791M
YoY Change 0.0% 0.09% 0.0%
Total Long-Term Liabilities $192.5M $192.2M $295.8M
YoY Change -41.14% -35.02% -21.95%
TOTAL LIABILITIES
Total Short-Term Liabilities $14.50M $49.40M $98.61M
Total Long-Term Liabilities $192.5M $192.2M $295.8M
Total Liabilities $207.0M $241.6M $394.4M
YoY Change -46.28% -38.75% -7.77%
SHAREHOLDERS EQUITY
Retained Earnings $553.4M $555.5M $506.0M
YoY Change 0.72% 9.79% 176.67%
Common Stock $162.0K $162.0K $162.0K
YoY Change 0.0% 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $617.0M $619.6M $570.1M
YoY Change
Total Liabilities & Shareholders Equity $1.023B $1.062B $1.150B
YoY Change -14.53% -7.64% 48.86%

Cashflow Statement

Concept 2023 Q4 2023 Q3 2022 Q3
OPERATING ACTIVITIES
Net Income -$2.123M $2.988M $302.3M
YoY Change -104.89% -99.01% 1457.31%
Depreciation, Depletion And Amortization $4.051M $3.340M $3.046M
YoY Change 9.43% 9.65% -22.77%
Cash From Operating Activities -$38.90M $16.31M $2.119M
YoY Change 1.02% 669.7% -127.75%
INVESTING ACTIVITIES
Capital Expenditures $8.582M $3.640M $3.610M
YoY Change -54.07% 0.83%
Acquisitions
YoY Change
Other Investing Activities $44.97M $2.840M $121.1M
YoY Change -70.52% -97.65% 57.2%
Cash From Investing Activities $36.38M -$800.0K $121.1M
YoY Change -76.14% -100.66% 57.2%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -1.760M -1.970M -31.69M
YoY Change -95.69% -93.78% -40.68%
NET CHANGE
Cash From Operating Activities -38.90M 16.31M 2.119M
Cash From Investing Activities 36.38M -800.0K 121.1M
Cash From Financing Activities -1.760M -1.970M -31.69M
Net Change In Cash -4.281M 13.54M 91.49M
YoY Change -105.85% -85.2% 473.43%
FREE CASH FLOW
Cash From Operating Activities -$38.90M $16.31M $2.119M
Capital Expenditures $8.582M $3.640M $3.610M
Free Cash Flow -$47.49M $12.67M -$1.491M
YoY Change -16.98% -949.77% -80.47%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2023Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
2.00
CY2022Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
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CY2023Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
15000000 shares
CY2022Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
1800614 shares
CY2023Q3 us-gaap Preferred Stock Value
PreferredStockValue
1801000 usd
CY2022Q4 us-gaap Preferred Stock Value
PreferredStockValue
1801000 usd
CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2023Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2023Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000 shares
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
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CY2023Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
16152043 shares
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
16152043 shares
CY2023Q3 us-gaap Common Stock Value
CommonStockValue
162000 usd
CY2023Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
555525000 usd
CY2022Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
549434000 usd
CY2023Q3 us-gaap Stockholders Equity
StockholdersEquity
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CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
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CY2023Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1062278000 usd
CY2022Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1197479000 usd
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
34236000 usd
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
22310000 usd
us-gaap Other Income
OtherIncome
2217000 usd
us-gaap Other Income
OtherIncome
1925000 usd
us-gaap Revenues
Revenues
36453000 usd
us-gaap Revenues
Revenues
24235000 usd
us-gaap Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
20580000 usd
us-gaap Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
12541000 usd
us-gaap Cost Of Goods And Services Sold Depreciation And Amortization
CostOfGoodsAndServicesSoldDepreciationAndAmortization
9615000 usd
arl Advisory Fee To Related Party
AdvisoryFeeToRelatedParty
7614000 usd
us-gaap Costs And Expenses
CostsAndExpenses
34951000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
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us-gaap Investment Income Interest
InvestmentIncomeInterest
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us-gaap Interest Expense Debt
InterestExpenseDebt
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us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
471385000 usd
us-gaap Net Income Loss
NetIncomeLoss
329915000 usd
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.38
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
20.43
CY2023Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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CY2023Q3 us-gaap Profit Loss
ProfitLoss
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CY2023Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2022Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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CY2022Q3 us-gaap Profit Loss
ProfitLoss
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CY2022Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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CY2023Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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us-gaap Profit Loss
ProfitLoss
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CY2022Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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us-gaap Profit Loss
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us-gaap Profit Loss
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us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
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us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
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us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
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us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
19437000 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
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us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
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us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
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us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
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us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
875000 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
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us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
2946000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
471385000 usd
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
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us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
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us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
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us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
4925000 usd
us-gaap Increase Decrease In Accounts Receivable Related Parties
IncreaseDecreaseInAccountsReceivableRelatedParties
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us-gaap Increase Decrease In Accounts Receivable Related Parties
IncreaseDecreaseInAccountsReceivableRelatedParties
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us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
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us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
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us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
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us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
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us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
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arl Origination And Advances Of Notes Receivable
OriginationAndAdvancesOfNotesReceivable
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arl Origination And Advances Of Notes Receivable
OriginationAndAdvancesOfNotesReceivable
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us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
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us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
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us-gaap Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
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us-gaap Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
40250000 usd
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
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us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
11834000 usd
us-gaap Payments For Leasing Costs
PaymentsForLeasingCosts
290000 usd
us-gaap Payments For Leasing Costs
PaymentsForLeasingCosts
1163000 usd
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
20916000 usd
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
181748000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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arl Repayment Of Mortgages Notes And Bonds Payable
RepaymentOfMortgagesNotesAndBondsPayable
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arl Repayment Of Mortgages Notes And Bonds Payable
RepaymentOfMortgagesNotesAndBondsPayable
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us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
435000 usd
us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
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us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
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us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
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us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
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us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
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CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
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CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Net Income Loss
NetIncomeLoss
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CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
16152043 shares
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.18
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.18
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
18.72
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
18.72
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
20.43
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
20.43
us-gaap Interest Paid Net
InterestPaidNet
9432000 usd
us-gaap Interest Paid Net
InterestPaidNet
22211000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
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CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
50748000 usd
CY2022Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
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CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
72734000 usd
CY2023Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
47203000 usd
CY2023Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
36145000 usd
CY2022Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
17950000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
83348000 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
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us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
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us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
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us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
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arl Repayment Of Mortgages Notes And Bonds Payable
RepaymentOfMortgagesNotesAndBondsPayable
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arl Repayment Of Mortgages Notes And Bonds Payable
RepaymentOfMortgagesNotesAndBondsPayable
70170000 usd
arl Distribution From Joint Venture Applied To Earn Out Obligation
DistributionFromJointVentureAppliedToEarnOutObligation
0 usd
arl Distribution From Joint Venture Applied To Earn Out Obligation
DistributionFromJointVentureAppliedToEarnOutObligation
34159000 usd
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2023Q3 us-gaap Land
Land
108993000 usd
CY2022Q4 us-gaap Land
Land
108933000 usd
CY2023Q3 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
371973000 usd
CY2022Q3 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
593000 usd
us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
1268000 usd
us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
1456000 usd
CY2023Q3 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
11838000 usd
CY2022Q3 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
7570000 usd
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
34236000 usd
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
22310000 usd
CY2023Q3 us-gaap Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year
LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear
9747000 usd
CY2023Q3 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
10823000 usd
CY2023Q3 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
10358000 usd
CY2023Q3 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
10056000 usd
CY2023Q3 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
9787000 usd
CY2023Q3 arl Lessor Operating Lease Payment To Be Received After Year Four
LessorOperatingLeasePaymentToBeReceivedAfterYearFour
22444000 usd
CY2023Q3 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
73215000 usd
CY2022Q4 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
359904000 usd
CY2023Q3 us-gaap Tenant Improvements
TenantImprovements
17463000 usd
CY2022Q4 us-gaap Tenant Improvements
TenantImprovements
25611000 usd
CY2023Q3 us-gaap Development In Process
DevelopmentInProcess
68512000 usd
CY2022Q4 us-gaap Development In Process
DevelopmentInProcess
65427000 usd
CY2023Q3 arl Real Estate Investment Property Excluding Real Estate Held For Sale At Cost
RealEstateInvestmentPropertyExcludingRealEstateHeldForSaleAtCost
566941000 usd
CY2023Q3 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
64910000 usd
CY2022Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
66054000 usd
CY2023Q3 us-gaap Real Estate Investments
RealEstateInvestments
502031000 usd
CY2023Q3 arl Bonds Payable Net
BondsPayableNet
0 usd
CY2022Q4 arl Bonds Payable Net
BondsPayableNet
129218000 usd
CY2023Q3 us-gaap Accounts Payable And Other Accrued Liabilities
AccountsPayableAndOtherAccruedLiabilities
46864000 usd
CY2022Q4 us-gaap Accounts Payable And Other Accrued Liabilities
AccountsPayableAndOtherAccruedLiabilities
53100000 usd
CY2023Q3 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
2480000 usd
CY2022Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
5198000 usd
CY2023Q3 us-gaap Deferred Gain On Sale Of Property
DeferredGainOnSaleOfProperty
9791000 usd
CY2022Q4 us-gaap Deferred Gain On Sale Of Property
DeferredGainOnSaleOfProperty
9791000 usd
CY2023Q3 us-gaap Liabilities
Liabilities
241563000 usd
CY2022Q4 us-gaap Liabilities
Liabilities
385311000 usd
CY2022Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
2.00
CY2023Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
1800614 shares
CY2023Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
16152043 shares
CY2022Q4 us-gaap Common Stock Value
CommonStockValue
162000 usd
CY2023Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
62090000 usd
CY2022Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
62090000 usd
CY2023Q3 us-gaap Minority Interest
MinorityInterest
201137000 usd
CY2022Q4 us-gaap Minority Interest
MinorityInterest
198681000 usd
CY2023Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
820715000 usd
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
812168000 usd
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
19437000 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-2805000 usd
us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
16580000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
81616000 usd
us-gaap Profit Loss
ProfitLoss
418901000 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
88986000 usd
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
16152043 shares
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
16152043 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
16152043 shares
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
85046000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
7846000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-6874000 usd
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
188000 usd
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
44591000 usd
CY2023Q3 us-gaap Profit Loss
ProfitLoss
4025000 usd
CY2022Q3 us-gaap Profit Loss
ProfitLoss
384304000 usd
us-gaap Profit Loss
ProfitLoss
8547000 usd
us-gaap Profit Loss
ProfitLoss
418901000 usd
CY2023Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1037000 usd
CY2022Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
82015000 usd
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
16152043 shares
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
16152043 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
16152043 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
16152043 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
16152043 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
16152043 shares
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.38
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.38
CY2021Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
21986000 usd
CY2022Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
131236000 usd
CY2023Q3 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
11338000 usd
CY2022Q3 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
6977000 usd
us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
32968000 usd
us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
20854000 usd
CY2023Q3 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
500000 usd
CY2022Q4 arl Real Estate Investment Property Excluding Real Estate Held For Sale At Cost
RealEstateInvestmentPropertyExcludingRealEstateHeldForSaleAtCost
559875000 usd
CY2022Q4 us-gaap Real Estate Investments
RealEstateInvestments
493821000 usd
CY2023Q3 us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
-32000 usd
CY2022Q3 us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
1539000 usd
us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
156000 usd
us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
16580000 usd
CY2022Q4 us-gaap Investment Interest Rate
InvestmentInterestRate
0.0467
CY2023Q3 us-gaap Notes Receivable Net
NotesReceivableNet
145715000 usd
CY2022Q4 us-gaap Notes Receivable Net
NotesReceivableNet
139609000 usd
CY2023Q3 us-gaap Long Term Debt
LongTermDebt
182428000 usd
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
188004000 usd
CY2023Q3 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
0 usd
CY2022Q3 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
1048000 usd
us-gaap Interest Costs Capitalized
InterestCostsCapitalized
642000 usd
us-gaap Interest Costs Capitalized
InterestCostsCapitalized
2651000 usd
CY2022Q4 us-gaap Deferred Gain On Sale Of Property
DeferredGainOnSaleOfProperty
9791000 usd
CY2023Q3 us-gaap Deferred Gain On Sale Of Property
DeferredGainOnSaleOfProperty
9791000 usd
CY2023Q3 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
5227000 usd
CY2022Q3 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
81548000 usd
us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
6516000 usd
us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
81616000 usd
CY2023Q3 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-4100000 usd
CY2022Q3 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
0 usd
us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-4100000 usd
us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
0 usd
CY2023Q3 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
1127000 usd
CY2022Q3 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
81548000 usd
us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
2416000 usd
us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
81616000 usd

Files In Submission

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arl-20230930.htm Edgar Link pending
arl-20230930.xsd Edgar Link pending
arl2023093010-qex311.htm Edgar Link pending
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