American Realty Investors, Inc. Reports First Quarter 2016 Results

DALLAS--(BUSINESS WIRE)--American Realty Investors, Inc. (NYSE:ARL), a Dallas-based real estate investment company, today reported results of operations for the first quarter ended March 31, 2016. For the three months ended March 31, 2016, we reported a net loss applicable to common shares of ($3.7) million or ($0.24) per diluted earnings per share, as compared to a net income applicable to common shares of $3.0 million or $0.21 per diluted earnings per share for the same period ended 2015.