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American Realty Investors, Inc. Reports Third Quarter 2016 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, 2016. For the three months ended September 30, 2016, the Company reported net loss applicable to common shares of $4.0 million or $0.26 earnings per diluted share, as compared to net loss applicable to common shares of $5.4 million or $0.35 earnings per diluted share for the same period in 2015.