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CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Revenues:    
Rental and other property revenues (including $113 and $208 for the three months ended 2019 and 2018, respectively, from related parties) $ 11,929 $ 31,082
Expenses:    
Property operating expenses (including $257 and $227 for the three months ended 2019 and 2018, respectively, from related parties) 5,997 14,455
Depreciation and amortization 3,109 6,446
General and administrative (including $1,500 and $1,093 for the three months ended 2019 and 2018, respectively, from related parties) 2,328 2,192
Net income fee to related party 100 53
Advisory fee to related party 1,648 2,748
Total operating expenses 13,182 25,894
Net operating (loss) income (1,253) 5,188
Other income (expenses):    
Interest income (including $4,285 and $3,236 for the three months ended 2019 and 2018, respectively, from related parties) 4,558 3,876
Other income 3,892 1,826
Mortgage and loan interest (including $490 and $318 for the three months ended 2019 and 2018, respectively, from related parties) (7,959) (14,093)
Foreign currency transaction (loss) gain (5,818) 1,756
Equity loss from VAA (1,055)
(Losses) earnings from other unconsolidated investees (7) 11
Total other expenses (6,389) (6,624)
Loss before gain on land sales, non-controlling interest, and taxes (7,642) (1,436)
Gain on land sales 2,216 1,335
Net loss from continuing operations before taxes (5,426) (101)
Net loss from continuing operations (5,426) (101)
Net loss (5,426) (101)
Net (income) attributable to non-controlling interest (183) (132)
Net loss attributable to Transcontinental Realty Investors, Inc. (5,609) (233)
Preferred dividend requirement (222)
Net loss applicable to common shares $ (5,609) $ (455)
Earnings per share - basic    
Net loss from continuing operations (in dollars per share) $ (0.64) $ (0.05)
Net loss applicable to common shares (in dollars per share) (0.64) (0.05)
Earnings per share - diluted    
Net loss from continuing operations (in dollars per share) (0.64) (0.05)
Net loss applicable to common shares (in dollars per share) $ (0.64) $ (0.05)
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 $ (5,609) $ (233)
Net loss applicable to Transcontinental Realty, Investors, Inc. $ (5,609) $ (233)