1102238--3/31/2010--AMERICAN_REALTY_INVESTORS

related topics

{loan, real, estate}

{debt, indebtedness, cash}

{investment, property, distribution}

{acquisition, growth, future}

{cost, contract, operation}

{condition, economic, financial}

{stock, price, share}

{competitive, industry, competition}

{capital, credit, financial}

Significant Real Estate Acquisitions/Dispositions and Financings Business Plan and Investment Policy Risk Factors Related to our Business Adverse events concerning our existing tenants or negative market conditions affecting our existing tenants could have an adverse impact on our ability to attract new tenants, release space, collect rent or renew leases, and thus could adversely affect cash flow from operations and inhibit growth. We may not be able to compete successfully with other entities that operate in our industry. We may experience increased operating costs which could adversely affect our financial results and the value of our properties Our ability to achieve growth in operating income depends in part on its ability to develop additional properties We face risks associated with property acquisitions Many of our properties are concentrated in our primary markets and the Company may suffer economic harm as a result of adverse conditions in those markets. We are leveraged and may not be able to meet our debt service obligations. We may not be able to access financial markets to obtain capital on a timely basis, or on acceptable terms. We may suffer adverse effects as a result of terms and covenants relating to the Company s indebtedness. Our degree of leverage could limit our ability to obtain additional financing or affect the market price of our common stock. An increase in interest rates would increase interest costs on variable rate debt and could adversely impact the ability to refinance existing debt. Unbudgeted capital expenditures or cost overruns could adversely affect business operations and cash flow We may need to sell properties from time to time for cash flow purposes. The Company intends to devote resources to the development of new projects. The overall business is subject to all of the risks associated with the real estate industry Our performance and value are subject to risks associated with our real estate assets and with the real estate industry. Adverse economic and geopolitical conditions and dislocations in the credit markets could have a material adverse effect on our results of operations, and financial condition. Real estate investments are illiquid, and the Company may not be able to sell properties if and when it is appropriate to do so.

Full 10-K form ▸

1102238--3/31/2010--AMERICAN_REALTY_INVESTORS_INC