If by reality we mean the real world (not mathematics or some abstract model) then the article does not actually answer the question what the complex numbers are really -- they describe what complex numbers mean mathematically (geometrically, algebraically, number theory).
Here are some interpretations of imaginary and real parts in terms of the real (physical) world:
o Time vs. space. This means that they have to be measured using different constituents with different properties. For example, space is reversible and periodic (we can return to the same point where we were before many times while it is not possible to return to previous point in time).
o Periodic vs. monotonic behavior. For example, rotation frequencies or oscillators (electric or physical) vs. linear motion.