AMERICAN REALTY INVESTORS INC Earnings Per Share Disclosure
| For the Year Ended December 31, | |||||||||||||||||
| 2025 | 2024 | 2023 | |||||||||||||||
| Net income (loss) | $ | 18,539 | $ | (13,439) | $ | 5,251 | |||||||||||
| Net income attributable to noncontrolling interest | (2,836) | (1,264) | (1,283) | ||||||||||||||
| Net income (loss) applicable to the Company | $ | 15,703 | $ | (14,703) | $ | 3,968 | |||||||||||
| Weighted-average common shares outstanding - basic and diluted | 16,152,043 | 16,152,043 | 16,152,043 | ||||||||||||||
| EPS attributable to common shares - basic and diluted | $ | 0.97 | $ | (0.91) | $ | 0.25 | |||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Mar 12, 2026 | Showing above |
| 2024 | Mar 20, 2025 | |
| 2023 | Mar 21, 2024 | |
| 2022 | Mar 23, 2023 | |
| 2021 | Mar 29, 2022 | |
| 2020 | Mar 26, 2021 | |
| 2019 | Mar 30, 2020 | |
| 2018 | Apr 1, 2019 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.