Transcontinental Realty Investors, Inc. filed its Form 10-Q for the quarterly period ended September 30, 2026, with the SEC on November 12, 2026, reporting a net loss attributable to the company of $141 thousand for the third quarter.

Key Highlights

  • Net loss attributable to the company: $141 thousand for the three months ended September 30, 2026, compared to net income of $724 thousand in the same period of 2025.
  • Total revenue: $13,906 thousand for Q3 2026, up from $12,835 thousand in Q3 2025, driven primarily by rental revenues of $13,288 thousand.
  • Total assets: $1,134,464 thousand as of September 30, 2026, compared to $1,132,520 thousand at December 31, 2025.
  • Mortgages and other notes payable: $218,115 thousand at September 30, 2026, up from $210,825 thousand at December 31, 2025.
  • Nine-month net loss attributable to the company: $1,100 thousand for the nine months ended September 30, 2026, versus net income of $5,511 thousand in the comparable 2025 period.
  • Earnings per share: $(0.02) basic and diluted for Q3 2026, on a weighted average share count of 8,639,316.
  • Shares outstanding: 8,639,316 shares of common stock as of November 12, 2026.

Transcontinental Realty Q3 2026 Financial Results and Balance Sheet Position

According to the filing, Transcontinental Realty Investors (NYSE:TCI) reported total revenue of $13,906 thousand for the three months ended September 30, 2026, compared to $12,835 thousand for the same quarter in 2025. Rental revenues rose to $13,288 thousand from $11,919 thousand year-over-year. Total operating expenses increased to $16,265 thousand from $14,231 thousand, resulting in a net operating loss of $2,359 thousand for Q3 2026, compared to a net operating loss of $1,396 thousand in Q3 2025. The company disclosed that advisory fees paid to a related party were $2,124 thousand in Q3 2026 and $6,123 thousand for the nine months ended September 30, 2026.

The filing reports that interest income was $4,023 thousand for Q3 2026, down from $4,748 thousand in Q3 2025, while interest expense rose to $2,321 thousand from $1,651 thousand. Gain on sale or write-down of assets, net, was $822 thousand for the quarter. For the nine months ended September 30, 2026, net cash provided by operating activities was $2,882 thousand, compared to net cash used in operating activities of $2,175 thousand in the same period of 2025.

As of September 30, 2026, the consolidated balance sheet reflected total shareholders' equity of $845,932 thousand and total equity of $865,029 thousand. Notes receivable stood at $117,667 thousand, including $52,878 thousand from related parties. Receivables from related parties were $174,913 thousand. The company also reported restricted cash of $10,649 thousand and short-term investments of $77,927 thousand at the end of the quarter.

What Was Disclosed

Transcontinental Realty Investors filed its quarterly report covering the period ended September 30, 2026, disclosing a net loss attributable to the company of $141 thousand for Q3 2026 and $1,100 thousand for the nine months ended September 30, 2026, alongside total assets of $1,134,464 thousand.