CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Revenues:
Rental and other property revenues (including $190 and $173 for the three months ended 2017 and 2016, respectively, from related parties)	$ 31,535	$ 28,903
Expenses:
Property operating expenses (including $228 and $201 for the three months ended 2017 and 2016, respectively, from related parties)	15,889	14,963
Depreciation and amortization	6,303	5,808
General and administrative (including $732 and $749 for the three months ended 2017 and 2016, respectively, from related parties)	1,780	1,609
Net income fee to related party	60	72
Advisory fee to related party	2,305	2,371
Total operating expenses	26,337	24,823
Net operating income	5,198	4,080
Other income (expenses):
Interest income (including $3,169 and $3,150 for the three months ended 2017 and 2016, respectively, from related parties)	3,421	3,847
Other income (expense)	1,442	267
Mortgage and loan interest (including $151 and $61 for the three months ended 2017 and 2016, respectively, from related parties)	(15,190)	(13,166)
Foreign currency translation loss	(323)
Earnings (losses) from unconsolidated joint ventures and investees	(8)	(2)
Total other expenses	(10,658)	(9,054)
Loss before gain on land sales, non-controlling interest, and taxes	(5,460)	(4,974)
Loss on sale of income producing properties		(244)
Gain on land sales	445	1,652
Net loss from continuing operations before taxes	(5,015)	(3,566)
Income tax benefit		1
Net loss from continuing operations	(5,015)	(3,565)
Discontinued operations:
Net income (loss) from discontinued operations		3
Income tax benefit (expense) from discontinued operations		(1)
Net income (loss) from discontinued operations		2
Net loss	(5,015)	(3,563)
Net income (loss) attributable to non-controlling interest	(119)	23
Net loss attributable to Transcontinental Realty Investors, Inc.	(5,134)	(3,540)
Preferred dividend requirement	(222)	(222)
Net loss applicable to common shares	$ (5,356)	$ (3,762)
Earnings per share - basic
Net loss from continuing operations (in dollars per share)	$ (0.61)	$ (0.43)
Earnings per share - diluted
Net loss from continuing operations (in dollars per share)	$ (0.61)	$ (0.43)
Weighted average common shares used in computing earnings per share (in shares)	8,717,767	8,717,767
Weighted average common shares used in computing diluted earnings per share (in shares)	8,717,767	8,717,767
Amounts attributable to Transcontinental Realty Investors, Inc.
Net loss from continuing operations	$ (5,134)	$ (3,542)
Net income from discontinued operations		(2)
Net loss from continuing operations	$ (5,134)	$ (3,540)