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<TITLE>SECURITIES AND EXCHANGE COMMISSION</TITLE>


<META NAME="_AdHocReviewCycleID" CONTENT="1296667568">


<META NAME="_EmailSubject" CONTENT="American Realty Investors, Inc. - Form 8-K concerning earnings release">


<META NAME="_AuthorEmail" CONTENT="aglendinning@pmklaw.com">


<META NAME="_AuthorEmailDisplayName" CONTENT="Glendinning, Ashley">


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<P ALIGN="CENTER"><B><FONT SIZE=4>SECURITIES AND EXCHANGE COMMISSION</P>


<P ALIGN="JUSTIFY">&#9;Washington, D.C. 20549</P>


</B></FONT><P ALIGN="JUSTIFY"></P>


<P ALIGN="JUSTIFY">&#9;<B><FONT SIZE=5>FORM 8-K</P>


</B></FONT><P ALIGN="JUSTIFY"></P>


<P ALIGN="JUSTIFY">&#9;<B><FONT SIZE=4>CURRENT REPORT</P>


</B></FONT><P ALIGN="JUSTIFY"></P>


<P ALIGN="JUSTIFY">&#9;<B>Pursuant to Section 13 or 15(d) of the Securities Exchange Act</P>


</B><P ALIGN="JUSTIFY"></P>


<P ALIGN="JUSTIFY">&#9;Date of Report: November 14, 2005</P>


<P ALIGN="JUSTIFY">&#9;<FONT SIZE=2>(Date of Earliest Event Reported)</P>


</FONT><P ALIGN="JUSTIFY"></P>


<P ALIGN="JUSTIFY">&nbsp;</P>


<P ALIGN="JUSTIFY">&#9;<B><FONT SIZE=5>AMERICAN REALTY INVESTORS, INC.</P>


</B></FONT><P ALIGN="JUSTIFY">&#9;<FONT SIZE=2>(Exact Name of Registrant as Specified in its Charter)</P>


</FONT><P ALIGN="JUSTIFY"></P>


<TABLE BORDER CELLSPACING=1 BORDERCOLOR="#ffffff" CELLPADDING=8 WIDTH=624>


<TR><TD WIDTH="35%" VALIGN="TOP">


<P>&nbsp;</P>


<P>&#9;<B>Nevada</B></TD>


<TD WIDTH="32%" VALIGN="TOP">





<P>&#9;<B>001-15663</B></TD>


<TD WIDTH="33%" VALIGN="TOP">





<P>&#9;<B>75-2847135</B></TD>


</TR>


<TR><TD WIDTH="35%" VALIGN="TOP">


<FONT SIZE=2><P ALIGN="CENTER">(State or other </P>


<P ALIGN="CENTER">jurisdiction of incorporation)</FONT></TD>


<TD WIDTH="32%" VALIGN="TOP">


<FONT SIZE=2><P ALIGN="CENTER">(Commission</P>


<P ALIGN="CENTER">File No.)</FONT></TD>


<TD WIDTH="33%" VALIGN="TOP">


<FONT SIZE=2><P ALIGN="CENTER">(I.R.S. Employer</P>


<P ALIGN="CENTER">Identification No.)</FONT></TD>


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<P ALIGN="JUSTIFY"></P>


<P ALIGN="JUSTIFY">&nbsp;</P>


<P ALIGN="JUSTIFY">&#9;<B>1800 Valley View Lane, Suite 300</P>


<P ALIGN="JUSTIFY">&#9;Dallas, Texas 75234</P>


</B><P ALIGN="JUSTIFY">&#9;<FONT SIZE=2>(Address of principal executive offices)</P>


</FONT><P ALIGN="JUSTIFY"></P>


<P ALIGN="JUSTIFY">&nbsp;</P>


<P ALIGN="JUSTIFY">&#9;<B>469-522-4200</P>


</B><P ALIGN="JUSTIFY">&#9;<FONT SIZE=2>(Registrant<FONT FACE="WP TypographicSymbols">&#61;</FONT>


s telephone number, including area code)</P>


</FONT><P ALIGN="JUSTIFY"></P>


<P ALIGN="JUSTIFY">&nbsp;</P>


<P ALIGN="JUSTIFY">&nbsp;</P>


<FONT SIZE=2><P ALIGN="JUSTIFY">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Registrant under any of the following provisions:</P>


<P ALIGN="JUSTIFY"></P><DIR>


<DIR>


<DIR>





</FONT><P ALIGN="JUSTIFY"><FONT FACE="WP TypographicSymbols">&#71;</FONT>


<FONT SIZE=2>&#9;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</P>


</FONT><P ALIGN="JUSTIFY"><FONT FACE="WP TypographicSymbols">&#71;</FONT>


<FONT SIZE=2>&#9;Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</P>


</FONT><P ALIGN="JUSTIFY"><FONT FACE="WP TypographicSymbols">&#71;</FONT>


<FONT SIZE=2>&#9;Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</P>


</FONT><P ALIGN="JUSTIFY"><FONT FACE="WP TypographicSymbols">&#71;</FONT>


<FONT SIZE=2>&#9;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</P>


</FONT><P ALIGN="JUSTIFY"></P>


<P ALIGN="JUSTIFY">&nbsp;</P>


<P ALIGN="JUSTIFY">&nbsp;</P></DIR>


</DIR>


</DIR>





<P ALIGN="JUSTIFY"></P>


<B><FONT SIZE=2><P ALIGN="JUSTIFY">Section 2 <FONT FACE="WP TypographicSymbols">&#66;</FONT>


 Financial Information</P>


<P ALIGN="JUSTIFY"></P>


<P ALIGN="JUSTIFY">Item 2.02.  Results of Operations and Financial Condition</P>


</B><P ALIGN="JUSTIFY"></P>


<P ALIGN="JUSTIFY">On November 14, 2005, American Realty Investors, Inc. (&quot;ARL&quot;<FONT FACE="WP TypographicSymbols">&#64;</FONT>


 or the &quot;Company&quot;) announced its operational results for the quarter ended September 30, 2005.  A copy of the announcement is attached as Exhibit &quot;99.1.&quot;</P>


<P ALIGN="JUSTIFY"></P>


<P ALIGN="JUSTIFY">The information furnished pursuant to Item 2.02 in this Form 8-K, including Exhibit &quot;99.1&quot; attached hereto, shall not be deemed to be &quot;filed&quot; for purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that Section, unless we specifically incorporate it by reference in a document filed under the Securities Act of 1933 or the Securities Exchange Act of 1934.  We undertake no duty or obligation to publicly-update or revise the information furnished pursuant to Item 2.02 of this Current Report on Form 8-K.</P>


<P ALIGN="JUSTIFY"></P>


<B><P ALIGN="JUSTIFY">Section 9 <FONT FACE="WP TypographicSymbols">&#66;</FONT>


 Financial Statements and Exhibits</P>


<P ALIGN="JUSTIFY"></P>


<P ALIGN="JUSTIFY">Item 9.01.  Financial Statements and Exhibits</P>


</B><P ALIGN="JUSTIFY"></P><DIR>


<DIR>


<DIR>


<DIR>





<P ALIGN="JUSTIFY">(c)&#9;Exhibits.</P>


<P ALIGN="JUSTIFY"></P></DIR>


</DIR>


</DIR>


</DIR>





<P ALIGN="JUSTIFY">The following exhibit is furnished with this Report:</P>


<P ALIGN="JUSTIFY"></P></FONT>


<P ALIGN="CENTER"><CENTER><TABLE BORDER CELLSPACING=1 BORDERCOLOR="#ffffff" CELLPADDING=8 WIDTH=623>


<TR><TD WIDTH="20%" VALIGN="MIDDLE">


<FONT SIZE=2><P>&nbsp;</P>


<B><P ALIGN="CENTER">Exhibit Designation</B></FONT></TD>


<TD WIDTH="80%" VALIGN="TOP">


<FONT SIZE=2>


<P>&nbsp;</P>


<P>&#9;<B>Description of Exhibit</B></FONT></TD>


</TR>


<TR><TD WIDTH="20%" VALIGN="TOP">


<FONT SIZE=2>


<P>&#9;99.1*</FONT></TD>


<TD WIDTH="80%" VALIGN="TOP">


<FONT SIZE=2>


<P ALIGN="JUSTIFY">Press Release dated November 14, 2005</FONT></TD>


</TR>


<TR><TD VALIGN="TOP" COLSPAN=2>


<FONT SIZE=2>


<P>_____________________</P>


<P>*Furnished herewith.</FONT></TD>


</TR>


</TABLE>


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<P ALIGN="JUSTIFY">&#9;<B><FONT SIZE=2>SIGNATURES</P>


</B><P ALIGN="JUSTIFY"></P>


<P ALIGN="JUSTIFY">Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly-caused this Current Report on Form 8-K to be signed on its behalf by the undersigned hereunto duly-authorized.</P>


</FONT><P ALIGN="JUSTIFY"></P>


<FONT SIZE=2><P ALIGN="JUSTIFY">Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.</P>


<P ALIGN="JUSTIFY"></P></FONT>


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<FONT SIZE=2><P>&nbsp;</FONT></TD>


<TD WIDTH="51%" VALIGN="BOTTOM" COLSPAN=2>


<FONT SIZE=2>


<P>AMERICAN REALTY INVESTORS, INC.</FONT></TD>


</TR>


<TR><TD WIDTH="6%" VALIGN="TOP">&nbsp;</TD>


<TD WIDTH="43%" VALIGN="BOTTOM">&nbsp;</TD>


<TD WIDTH="4%" VALIGN="BOTTOM">&nbsp;</TD>


<TD WIDTH="47%" VALIGN="TOP">&nbsp;</TD>


</TR>


<TR><TD WIDTH="6%" VALIGN="TOP">


<FONT SIZE=2><P>Date:</FONT></TD>


<TD WIDTH="43%" VALIGN="BOTTOM">


<FONT SIZE=2><P>November 14, 2005</FONT></TD>


<TD WIDTH="4%" VALIGN="BOTTOM">


<FONT SIZE=2><P>By:</FONT></TD>


<TD WIDTH="47%" VALIGN="TOP">


<U><FONT SIZE=2><P ALIGN="JUSTIFY">/s/ Steven A. Abney&#9;&#9;&#9;&#9;</U></FONT></TD>


</TR>


<TR><TD WIDTH="6%" VALIGN="TOP">&nbsp;</TD>


<TD WIDTH="43%" VALIGN="BOTTOM">&nbsp;</TD>


<TD WIDTH="4%" VALIGN="BOTTOM">&nbsp;</TD>


<TD WIDTH="47%" VALIGN="BOTTOM">


<FONT SIZE=2><P ALIGN="JUSTIFY">Steven A. Abney</FONT></TD>


</TR>


<TR><TD WIDTH="6%" VALIGN="TOP" HEIGHT=5><P></P></TD>


<TD WIDTH="43%" VALIGN="BOTTOM" HEIGHT=5><P></P></TD>


<TD WIDTH="4%" VALIGN="BOTTOM" HEIGHT=5><P></P></TD>


<TD WIDTH="47%" VALIGN="BOTTOM" HEIGHT=5>


<FONT SIZE=2><P ALIGN="JUSTIFY">Executive Vice President and Chief Financial Officer</FONT></TD>


</TR>


<TR><TD WIDTH="6%" VALIGN="TOP">&nbsp;</TD>


<TD WIDTH="43%" VALIGN="BOTTOM">&nbsp;</TD>


<TD WIDTH="4%" VALIGN="BOTTOM">&nbsp;</TD>


<TD WIDTH="47%" VALIGN="BOTTOM">


<FONT SIZE=2><P ALIGN="JUSTIFY">(Principal Financial and Accounting Officer and </FONT></TD>


</TR>


<TR><TD WIDTH="6%" VALIGN="TOP">&nbsp;</TD>


<TD WIDTH="43%" VALIGN="BOTTOM">&nbsp;</TD>


<TD WIDTH="4%" VALIGN="BOTTOM">&nbsp;</TD>


<TD WIDTH="47%" VALIGN="BOTTOM">


<FONT SIZE=2><P ALIGN="JUSTIFY">Acting Principal Executive Officer)</FONT></TD>


</TR>


<TR><TD WIDTH="6%" VALIGN="TOP">&nbsp;</TD>


<TD WIDTH="43%" VALIGN="BOTTOM">&nbsp;</TD>


<TD WIDTH="4%" VALIGN="BOTTOM">&nbsp;</TD>


<TD WIDTH="47%" VALIGN="BOTTOM">&nbsp;</TD>


</TR>


</TABLE>





<FONT SIZE=2><P ALIGN="JUSTIFY"></P>


</FONT><P ALIGN="JUSTIFY">&nbsp;</P></BODY>


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{"company-data": {"conformed-name": "AMERICAN REALTY INVESTORS INC", "cik": "0001102238", "assigned-sic": "6510", "irs-number": "752847135", "state-of-incorporation": "NV", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-15663", "film-number": "051203859"}, "business-address": {"street1": "1800 VALLEY VIEW LANE", "street2": "SUITE 300", "city": "DALLAS", "state": "TX", "zip": "75234", "phone": "4695224200"}, "mail-address": {"street1": "1800 VALLEY VIEW LANE", "street2": "SUITE 300", "city": "DALLAS", "state": "TX", "zip": "75234"}}
SECURITIES AND EXCHANGE COMMISSION
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act
Date of Report: November 14, 2005
(Date of Earliest Event Reported)
AMERICAN REALTY INVESTORS, INC.
(Exact Name of Registrant as Specified in its Charter)
Nevada
001-15663
75-2847135
(State or other
jurisdiction of incorporation)
(Commission
File No.)
(I.R.S. Employer
Identification No.)
1800 Valley View Lane, Suite 300
Dallas, Texas 75234
(Address of principal executive offices)
469-522-4200
(Registrant
=
s telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Registrant under any of the following provisions:
G
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
G
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
G
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
G
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Section 2
B
Financial Information
Item 2.02.  Results of Operations and Financial Condition
On November 14, 2005, American Realty Investors, Inc. ("ARL"
@
or the "Company") announced its operational results for the quarter ended September 30, 2005.  A copy of the announcement is attached as Exhibit "99.1."
The information furnished pursuant to Item 2.02 in this Form 8-K, including Exhibit "99.1" attached hereto, shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that Section, unless we specifically incorporate it by reference in a document filed under the Securities Act of 1933 or the Securities Exchange Act of 1934.  We undertake no duty or obligation to publicly-update or revise the information furnished pursuant to Item 2.02 of this Current Report on Form 8-K.
Section 9
B
Financial Statements and Exhibits
Item 9.01.  Financial Statements and Exhibits
(c)	Exhibits.
The following exhibit is furnished with this Report:
Exhibit Designation
Description of Exhibit
99.1*
Press Release dated November 14, 2005
_____________________
*Furnished herewith.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly-caused this Current Report on Form 8-K to be signed on its behalf by the undersigned hereunto duly-authorized.
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
AMERICAN REALTY INVESTORS, INC.
Date:
November 14, 2005
By:
/s/ Steven A. Abney
Steven A. Abney
Executive Vice President and Chief Financial Officer
(Principal Financial and Accounting Officer and
Acting Principal Executive Officer)