CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) (USD $)	3 Months Ended
	Mar. 31, 2013	Mar. 31, 2012
Revenues:
Rental and other property revenues (including $165 and $167 for the three months ended 2013 and 2012 respectively from related parties)	$ 27,277	$ 27,215
Expenses:
Property operating expenses (including $259 and $291 for the three months ended 2013 and 2012 respectively from related parties)	13,319	13,020
Depreciation and amortization	5,021	5,157
General and administrative (including $704 and $666 for the three months ended 2013 and 2012 respectively from related parties)	1,837	2,463
Provision on impairment of notes receivable and real estate assets	0	0
Advisory fee to related party	2,138	2,303
Total operating expenses	22,315	22,943
Operating income	4,962	4,272
Other income (expense):
Interest income (including $2,139 and $3,225 for the three months ended 2013 and 2012 respectively from related parties)	2,176	3,229
Other income (including $0 and $1,500 for the three months ended 2013 and 2012 respectively from related parties)	36	1,611
Mortgage and loan interest (including $487 and $754 for the three months ended 2013 and 2012 respectively from related parties)	(9,987)	(12,477)
Deferred borrowing costs amortization	(2,433)	(896)
Loan charges and prepayment penalties	(3,982)	(2,392)
Earnings (losses) from unconsolidated subsidiaries and investees	8	(73)
Total other expenses	(14,182)	(10,998)
Loss before gain on land sales, non-controlling interest, and taxes	(9,220)	(6,726)
Gain (loss) on land sales	(48)	423
Loss from continuing operations before tax	(9,268)	(6,303)
Income tax benefit	2,195	761
Net loss from continuing operations	(7,073)	(5,542)
Discontinued operations:
Income (loss) from discontinued operations	80	(1,413)
Gain on sale of discontinued operations,	6,190	3,588
Income tax expense from discontinued operations	(2,195)	(761)
Net income from discontinued operations	4,075	1,414
Net loss	(2,998)	(4,128)
Net income attributable to non-controlling interest	(111)	(79)
Net loss attributable to Transcontinental Realty Investors, Inc.	(3,109)	(4,207)
Preferred dividend requirement	(274)	(277)
Net loss applicable to common shares	(3,383)	(4,484)
Earnings per share - basic
Loss from continuing operations - basic	$ (0.89)	$ (0.70)
Income from discontinued operations - basic	$ 0.48	$ 0.17
Net loss applicable to common shares - basic	$ (0.41)	$ (0.53)
Earnings per share - diluted
Loss from continuing operations -diluted	$ (0.89)	$ (0.70)
Income from discontinued operations -diluted	$ 0.48	$ 0.17
Net loss applicable to common shares -diluted	$ (0.41)	$ (0.53)
Weighted average common share used in computing earnings per share	8,413,469	8,413,469
Weighted average common share used in computing diluted earnings per share	8,413,469	8,413,469
Amounts attributable to Transcontinental Realty Investors, Inc.
Loss from continuing operations,	(7,184)	(5,621)
Income from discontinued operations,	4,075	1,414
Net loss for the period	$ (2,998)	$ (4,128)