American Realty Investors, Inc. Reports Third Quarter 2015 Results

DALLAS--(BUSINESS WIRE)--American Realty Investors, Inc. (NYSE:ARL), a Dallas-based real estate investment company, reported results of operations for the third quarter ended September 30, 2015. ARL announced today that the Company reported a net loss applicable to common shares of ($5.4) million, including $2.0 million in gains on the sale of land and $0.7 million in gains on sale of income producing properties, or ($0.35) per diluted earnings per share, as compared to a net loss applicable to common shares of ($1.7) million, or ($0.13) per diluted earnings per share for the same period ended 2014.