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EXCEL - IDEA: XBRL DOCUMENT - ACRE REALTY INVESTORS INCFinancial_Report.xls
10-K - 10-K - ACRE REALTY INVESTORS INCa2207755z10-k.htm
EX-32 - EX-32 - ACRE REALTY INVESTORS INCa2207755zex-32.htm
EX-23 - EX-23 - ACRE REALTY INVESTORS INCa2207755zex-23.htm
EX-31 - EX-31 - ACRE REALTY INVESTORS INCa2207755zex-31.htm

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Exhibit 21

SUBSIDIARIES OF THE REGISTRANT

The only subsidiary of Roberts Realty Investors, Inc. is Roberts Properties Residential, L.P., a Georgia limited partnership (the "operating partnership") of which Roberts Realty is the sole general partner and in which Roberts Realty owns an 82.74% ownership interest as of February 22, 2012. The operating partnership owns 100% of the following Delaware and Georgia limited liability companies:

    Roberts Bassett LLC (Delaware)
    Roberts Grand Pavilion LLC (Delaware)
    Roberts Spectrum LLC (Delaware)
    Northridge Parkway, LLC (Georgia)




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SUBSIDIARIES OF THE REGISTRANT