CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012
Revenues:
Rental and other property revenues (including $166 and $167 for the three months and $331 and $335 for the six months ended 2013 and 2012 respectively from related parties)	$ 26,340	$ 26,421	$ 52,285	$ 52,221
Expenses:
Property operating expenses (including $185 and $236 for the three months and $405 and $500 for the six months ended 2013 and 2012 respectively from related parties)	11,915	12,717	24,354	24,932
Depreciation and amortization	5,412	4,947	10,250	9,930
General and administrative (including $839 and $682 for the three months and $1,544 and $1,345 for the six months ended 2013 and 2012 respectively from related parties)	1,616	771	3,441	3,213
Provision on impairment of notes receivable and real estate assets	0	0	0	0
Advisory fee to related party	2,071	2,217	4,209	4,521
Total operating expenses	21,014	20,652	42,254	42,596
Operating income	5,326	5,769	10,031	9,625
Other income (expense):
Interest income (including $2,149 and $3,866 for the three months and $4,140 and $7,091 for the six months ended 2013 and 2012 respectively from related parties)	2,119	3,869	4,296	7,098
Other income (including $0 and $1,500 for the three months and $0 and $3,000 for the six months ended 2013 and 2012 respectively from related parties)	144	1,592	180	3,312
Mortgage and loan interest (including $439 and $1,107 for the three months and $487 and $1,861 for the six months ended 2013 and 2012 respectively from related parties)	(9,654)	(11,207)	(19,246)	(22,398)
Deferred borrowing costs amortization	(946)	(1,957)	(3,378)	(2,852)
Loan charges and prepayment penalties	(3,226)	(3,769)	(7,209)	(6,162)
Loss on the sale of investments	0	(16)	0	(118)
Earnings from unconsolidated joint-ventures and investees	15	9	22	(63)
Total other expenses	(11,548)	(11,479)	(25,335)	(21,183)
Loss before gain on land sales, non-controlling interest, and taxes	(6,222)	(5,710)	(15,304)	(11,558)
Gain (loss) on land sales	0	4,738	(48)	5,160
Loss from continuing operations before tax	(6,222)	(972)	(15,352)	(6,398)
Income-tax benefit	6,427	1,200	8,574	1,654
Net income (loss) from continuing operations	205	228	(6,778)	(4,744)
Discontinued operations:
Income (loss) from discontinued operations	290	1,927	231	(364)
Gain on sale of real estate from discontinued operations	18,074	1,502	24,265	5,091
Income tax expense from discontinued operations	(6,427)	(1,200)	(8,574)	(1,654)
Net income from discontinued operations	11,937	2,229	15,922	3,073
Net income(loss)	12,142	2,457	9,144	(1,671)
Net income attributable to non-controlling interest	(115)	(175)	(226)	(254)
Net income (loss) attributable to Transcontinental Realty Investors, Inc.	12,027	2,282	8,918	(1,925)
Preferred dividend requirement	(277)	(277)	(551)	(554)
Net income (loss) applicable to common shares	11,750	2,005	8,367	(2,479)
Earnings per share - basic
Loss from continuing operations - basic	$ (0.02)	$ (0.03)	$ (0.90)	$ (0.66)
Income from discontinued operations - basic	$ 1.42	$ 0.26	$ 1.89	$ 0.37
Net loss applicable to common shares - basic	$ 1.40	$ 0.23	$ 0.99	$ (0.29)
Earnings per share - diluted
Loss from continuing operations -diluted	$ (0.02)	$ (0.03)	$ (0.90)	$ (0.66)
Income from discontinued operations -diluted	$ 1.42	$ 0.26	$ 1.89	$ 0.37
Net income (loss) applicable to common shares -diluted	$ 1.40	$ 0.23	$ 0.99	$ (0.29)
Weighted average common share used in computing earnings per share	8,413,469	8,413,469	8,413,469	8,413,469
Weighted average common share used in computing diluted earnings per share	8,413,469	8,413,469	8,413,469	8,413,469
Amounts attributable to Transcontinental Realty Investors, Inc.
Income (loss) from continuing operations	90	53	(7,004)	(4,998)
Income from discontinued operation	11,937	2,229	15,922	3,073
Net income (losses)	$ 12,027	$ 2,282	$ 8,918	$ (1,925)