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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1011109	Roberts Realty Investors Inc	RPI	Real Estate Investment Trusts (6798)	562122873

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
84353	S Charles Roberts	450 Northridge Parkway Suite 300 Atlanta GA 30350	Chairman, Ceo, President	Yes	Yes	Yes	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2010-05-28	400	$1.95	52,667	No	4	S	Indirect	See Footnote
Common Stock	Disposition	2010-06-01	200	$1.95	52,467	No	4	S	Indirect	See Footnote

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	See Footnote
No	4	S	Indirect	See Footnote

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	3,228,504	Direct

Footnotes

These shares were owned by a limited liability company, of which the reporting person is manager. The reporting person's daughter, who shares the same household, owns all of the membership interests in the limited liability company and has indirectly held these shares for more than 12 years. She is graduating from college and desires to use the proceeds for personal uses. The reporting person disclaims, and has always disclaimed, beneficial ownership of the shares held by the limited liability company. The reporting person has not sold any of the shares he holds directly.