CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Revenues:
Rental and other property revenues (including $207 and $199 for the three months and $623 and $589 for the nine months ended 2018 and 2017, respectively, from related parties)	$ 33,505	$ 31,491	$ 96,194	$ 94,328
Expenses:
Property operating expenses (including $231 and $236 for the three months and $689 and $696 for the nine months ended 2018 and 2017, respectively, from related parties)	15,867	15,157	45,814	46,256
Depreciation and amortization	6,891	6,326	19,859	19,008
General and administrative (including $1,119 and $1,018 for the three months and $3,309 and $2,134 for the nine months ended 2018 and 2017, respectively, from related parties)	1,858	1,594	6,223	4,669
Net income fee to related party	383	53	489	189
Advisory fee to related party	2,735	2,595	8,209	7,402
Total operating expenses	27,734	25,725	80,594	77,524
Net operating income	5,771	5,766	15,600	16,804
Other income (expenses):
Interest income (including $3,303 and $3,041 for the three months and $9,380 and $10,670 for the nine months ended 2018 and 2017, respectively, from related parties)	4,021	3,175	11,441	10,305
Other income (expense)	18,722	190	28,030	1,529
Mortgage and loan interest (including $364 and $347 for the three months and $1,009 and $784 for the nine months ended 2018 and 2017, respectively, from related parties)	(15,555)	(14,245)	(43,823)	(45,218)
Foreign currency transaction gain (loss)	(1,288)	1,906	6,357	(1,841)
Earnings (losses) from unconsolidated joint ventures and investees	(4)	7	(2)	(11)
Total other income (expenses)	5,896	(8,967)	2,003	(35,236)
Gain (Loss) before gain on land sales, non-controlling interest, and taxes	11,667	(3,201)	17,603	(18,432)
Gain on sale of income producing properties		9,841		9,841
Gain on land sales	12,243	530	13,577	500
Net income (loss) from continuing operations before taxes	23,910	7,170	31,181	(8,091)
Income tax (expense)	(792)		(792)
Net income (loss) from continuing operations	23,118	7,170	30,389	(8,091)
Net income (loss)	23,118	7,170	30,389	(8,091)
Net (income) attributable to non-controlling interest	(915)	(96)	(1,173)	(378)
Net income (loss) attributable to Transcontinental Realty Investors, Inc.	22,203	7,074	29,216	(8,469)
Preferred dividend requirement	(227)	(224)	(673)	(670)
Net income (loss) applicable to common shares	$ 21,976	$ 6,850	$ 28,543	$ (9,139)
Earnings per share - basic
Net income (loss) from continuing operations (in dollars per share)	$ 2.52	$ 0.79	$ 3.27	$ (1.05)
Earnings per share - diluted
Net income (loss) from continuing operations (in dollars per share)	$ 2.52	$ 0.79	$ 3.27	$ (1.05)
Weighted average common shares used in computing earnings per share	8,717,767	8,717,767	8,717,767	8,717,767
Weighted average common shares used in computing diluted earnings per share	8,717,767	8,717,767	8,717,767	8,717,767
Amounts attributable to Transcontinental Realty Investors, Inc.
Net income (loss) from continuing operations	$ 22,203	$ 7,074	$ 29,216	$ (8,469)
Net income (loss) applicable to Transcontinental Realty, Investors, Inc.	$ 22,203	$ 7,074	$ 29,216	$ (8,469)