$ACR
ACRES Commercial Realty Corp.

2023 Q3 Form 10-Q Financial Statement

#000095017023038976 Filed on August 07, 2023

View on sec.gov

Income Statement

Concept 2023 Q3 2023 Q2
Revenue $24.01M $23.62M
YoY Change 14.66% 17.7%
Cost Of Revenue $35.67M $34.33M
YoY Change 44.94% 97.12%
Gross Profit $21.89M $21.73M
YoY Change 13.63% 18.12%
Gross Profit Margin 91.2% 92.0%
Selling, General & Admin $12.17M $13.32M
YoY Change -5.84% 8.58%
% of Gross Profit 55.58% 61.29%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.313M $1.312M
YoY Change -23.97% -29.31%
% of Gross Profit 6.0% 6.04%
Operating Expenses $14.44M $16.28M
YoY Change -8.5% 24.76%
Operating Profit $7.454M $5.450M
YoY Change 113.83% 1.93%
Interest Expense $33.56M $32.44M
YoY Change 46.28% 106.05%
% of Operating Profit 450.16% 595.27%
Other Income/Expense, Net $113.0K $242.0K
YoY Change -94.35% 38.29%
Pretax Income $7.567M $5.692M
YoY Change 37.93% 3.08%
Income Tax $0.00 $134.0K
% Of Pretax Income 0.0% 2.35%
Net Earnings $7.567M $5.558M
YoY Change 37.93% 0.65%
Net Earnings / Revenue 31.52% 23.53%
Basic Earnings Per Share $0.34 $0.10
Diluted Earnings Per Share $0.33 $0.10
COMMON SHARES
Basic Shares Outstanding 8.492M 8.590M
Diluted Shares Outstanding 8.593M 8.535M

Balance Sheet

Concept 2023 Q3 2023 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $64.44M $57.11M
YoY Change 5.69% 63.79%
Cash & Equivalents $64.44M $57.11M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $76.87M $69.73M
YoY Change 8.89% 65.89%
LONG-TERM ASSETS
Property, Plant & Equipment $169.2M $157.4M
YoY Change 25.21% -7.31%
Goodwill
YoY Change
Intangibles $8.125M $8.376M
YoY Change -11.02% -31.18%
Long-Term Investments $1.548M $1.548M
YoY Change 0.0% 0.0%
Other Assets $98.04M $76.82M
YoY Change 41.6% 78.54%
Total Long-Term Assets $2.185B $2.197B
YoY Change -7.27% -5.08%
TOTAL ASSETS
Total Short-Term Assets $76.87M $69.73M
Total Long-Term Assets $2.185B $2.197B
Total Assets $2.261B $2.267B
YoY Change -6.8% -3.81%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $17.26M $15.60M
YoY Change 65.19% 43.91%
Accrued Expenses $49.73M $51.17M
YoY Change 5.69% -2.3%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $71.42M $70.43M
YoY Change 16.27% 4.91%
LONG-TERM LIABILITIES
Long-Term Debt $1.739B $1.749B
YoY Change -9.17% -5.04%
Other Long-Term Liabilities $3.025M $3.025M
YoY Change 0.0%
Total Long-Term Liabilities $1.742B $1.752B
YoY Change -9.16% -4.87%
TOTAL LIABILITIES
Total Short-Term Liabilities $71.42M $70.43M
Total Long-Term Liabilities $1.742B $1.752B
Total Liabilities $1.813B $1.823B
YoY Change -8.37% -4.53%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $8.000K $9.000K
YoY Change -11.11% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $437.7M $434.6M
YoY Change
Total Liabilities & Shareholders Equity $2.261B $2.267B
YoY Change -6.8% -3.81%

Cashflow Statement

Concept 2023 Q3 2023 Q2
OPERATING ACTIVITIES
Net Income $7.567M $5.558M
YoY Change 37.93% 0.65%
Depreciation, Depletion And Amortization $1.313M $1.312M
YoY Change -23.97% -29.31%
Cash From Operating Activities $11.75M $15.36M
YoY Change 122.42% 26.3%
INVESTING ACTIVITIES
Capital Expenditures $12.08M $6.434M
YoY Change -470.16% -58590.91%
Acquisitions
YoY Change
Other Investing Activities $45.38M $10.12M
YoY Change -192.03% -104.07%
Cash From Investing Activities $33.30M $3.681M
YoY Change -163.34% -101.48%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -17.10M -67.93M
YoY Change -126.72% -132.14%
NET CHANGE
Cash From Operating Activities 11.75M 15.36M
Cash From Investing Activities 33.30M 3.681M
Cash From Financing Activities -17.10M -67.93M
Net Change In Cash 27.95M -48.89M
YoY Change 67.25% 95.11%
FREE CASH FLOW
Cash From Operating Activities $11.75M $15.36M
Capital Expenditures $12.08M $6.434M
Free Cash Flow -$327.0K $8.928M
YoY Change -103.83% -26.66%

Facts In Submission

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ACRES COMMERCIAL REALTY CORP.
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CY2023Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
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CY2022Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
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us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
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us-gaap Net Income Loss Available To Common Stockholders Basic
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CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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CY2022Q2 us-gaap Earnings Per Share Basic
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us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.10
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
8476059
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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CY2023Q2 us-gaap Profit Loss
ProfitLoss
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CY2022Q2 us-gaap Profit Loss
ProfitLoss
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us-gaap Profit Loss
ProfitLoss
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us-gaap Profit Loss
ProfitLoss
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CY2023Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
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CY2022Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
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us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
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us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
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CY2023Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
397000
CY2022Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
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us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
790000
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
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CY2023Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
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CY2022Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
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us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
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us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
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CY2023Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
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CY2022Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
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us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
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us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
-24000
CY2023Q2 acr Comprehensive Income Loss Net Of Tax Attributable To Preferred Stockholders
ComprehensiveIncomeLossNetOfTaxAttributableToPreferredStockholders
4856000
CY2022Q2 acr Comprehensive Income Loss Net Of Tax Attributable To Preferred Stockholders
ComprehensiveIncomeLossNetOfTaxAttributableToPreferredStockholders
4856000
acr Comprehensive Income Loss Net Of Tax Attributable To Preferred Stockholders
ComprehensiveIncomeLossNetOfTaxAttributableToPreferredStockholders
9711000
acr Comprehensive Income Loss Net Of Tax Attributable To Preferred Stockholders
ComprehensiveIncomeLossNetOfTaxAttributableToPreferredStockholders
9711000
CY2023Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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CY2022Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
1151000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-809000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-1164000
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
441314000
CY2023Q1 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
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CY2023Q1 acr Stock Issued During Period Value Share Based Compensation Adjustment To Additional Paid In Capital
StockIssuedDuringPeriodValueShareBasedCompensationAdjustmentToAdditionalPaidInCapital
170000
CY2023Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
894000
CY2023Q1 us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
2332000
CY2023Q1 us-gaap Profit Loss
ProfitLoss
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CY2023Q1 acr Distributions And Accrual Of Cumulative Preferred Stock Dividends
DistributionsAndAccrualOfCumulativePreferredStockDividends
4855000
CY2023Q1 acr Amortization Of Terminated Derivatives
AmortizationOfTerminatedDerivatives
393000
CY2023Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
441785000
CY2023Q2 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
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CY2023Q2 acr Stock Issued During Period Value Share Based Compensation Adjustment To Additional Paid In Capital
StockIssuedDuringPeriodValueShareBasedCompensationAdjustmentToAdditionalPaidInCapital
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CY2023Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
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CY2023Q2 us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
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CY2023Q2 us-gaap Profit Loss
ProfitLoss
5558000
CY2023Q2 acr Distributions And Accrual Of Cumulative Preferred Stock Dividends
DistributionsAndAccrualOfCumulativePreferredStockDividends
4856000
CY2023Q2 acr Amortization Of Terminated Derivatives
AmortizationOfTerminatedDerivatives
397000
CY2023Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
444001000
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
448195000
CY2022Q1 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
37000
CY2022Q1 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
3885000
CY2022Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
744000
CY2022Q1 us-gaap Profit Loss
ProfitLoss
2084000
CY2022Q1 acr Distributions And Accrual Of Cumulative Preferred Stock Dividends
DistributionsAndAccrualOfCumulativePreferredStockDividends
4855000
CY2022Q1 acr Amortization Of Terminated Derivatives
AmortizationOfTerminatedDerivatives
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CY2022Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
442702000
CY2022Q2 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
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CY2022Q2 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
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CY2022Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
991000
CY2022Q2 us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
5036000
CY2022Q2 us-gaap Profit Loss
ProfitLoss
5522000
CY2022Q2 acr Distributions And Accrual Of Cumulative Preferred Stock Dividends
DistributionsAndAccrualOfCumulativePreferredStockDividends
4856000
CY2022Q2 acr Amortization Of Terminated Derivatives
AmortizationOfTerminatedDerivatives
461000
CY2022Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
447326000
us-gaap Profit Loss
ProfitLoss
7851000
us-gaap Profit Loss
ProfitLoss
7606000
us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
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us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
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us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
2683000
us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
5364000
acr Share Based Compensation Nonemployee And Directors
ShareBasedCompensationNonemployeeAndDirectors
1613000
acr Share Based Compensation Nonemployee And Directors
ShareBasedCompensationNonemployeeAndDirectors
1735000
acr Gains Losses On Extinguishment Of Debt Excluding Incurred On Cash Payments
GainsLossesOnExtinguishmentOfDebtExcludingIncurredOnCashPayments
0
acr Gains Losses On Extinguishment Of Debt Excluding Incurred On Cash Payments
GainsLossesOnExtinguishmentOfDebtExcludingIncurredOnCashPayments
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us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
745000
us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
0
us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
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us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
170000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
24469000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
13717000
us-gaap Payments To Acquire Loans Receivable
PaymentsToAcquireLoansReceivable
66885000
us-gaap Payments To Acquire Loans Receivable
PaymentsToAcquireLoansReceivable
392121000
us-gaap Proceeds From Collection Of Loans Receivable
ProceedsFromCollectionOfLoansReceivable
141430000
us-gaap Proceeds From Collection Of Loans Receivable
ProceedsFromCollectionOfLoansReceivable
216368000
us-gaap Payments For Proceeds From Real Estate Heldforinvestment
PaymentsForProceedsFromRealEstateHeldforinvestment
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us-gaap Payments For Proceeds From Real Estate Heldforinvestment
PaymentsForProceedsFromRealEstateHeldforinvestment
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us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
14309000
us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
0
us-gaap Payments To Acquire Furniture And Fixtures
PaymentsToAcquireFurnitureAndFixtures
0
us-gaap Payments To Acquire Furniture And Fixtures
PaymentsToAcquireFurnitureAndFixtures
20000
us-gaap Proceeds From Collection Of Longterm Loans To Related Parties
ProceedsFromCollectionOfLongtermLoansToRelatedParties
150000
us-gaap Proceeds From Collection Of Longterm Loans To Related Parties
ProceedsFromCollectionOfLongtermLoansToRelatedParties
125000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
73652000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-247927000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1956000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
6382000
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
70000
us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
0
us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
-70000
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
0
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
30025000
acr Proceeds From Warehouse Financing Facilities And Repurchase Agreements
ProceedsFromWarehouseFinancingFacilitiesAndRepurchaseAgreements
298882000
acr Proceeds From Mortgage Payable
ProceedsFromMortgagePayable
144000
acr Proceeds From Mortgage Payable
ProceedsFromMortgagePayable
18710000
acr Payments Of Commercial Real Estate Notes Payable
PaymentsOfCommercialRealEstateNotesPayable
851000
acr Payments Of Commercial Real Estate Notes Payable
PaymentsOfCommercialRealEstateNotesPayable
237189000
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
40554000
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
10150000
acr Repayments Of Warehouse Financing Facilities And Repurchase Agreements
RepaymentsOfWarehouseFinancingFacilitiesAndRepurchaseAgreements
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acr Repayments Of Warehouse Financing Facilities And Repurchase Agreements
RepaymentsOfWarehouseFinancingFacilitiesAndRepurchaseAgreements
38150000
us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
39839000
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
3787000
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
646000
us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
3865000
us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
5036000
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
9711000
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
9711000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-130568000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
10516000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
104810000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
283931000
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
72363000
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
60237000
us-gaap Use Of Estimates
UseOfEstimates
<p style="text-indent:0.0%;font-size:10.0pt;margin-top:9.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:bold;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">Use of Estimates</span></p><p style="text-indent:6.667%;font-size:10.0pt;margin-top:9.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and within the period of financial results. Actual results could differ from those estimates. Estimates affecting the accompanying consolidated financial statements include, but are not limited to, the net realizable and fair values of the Company’s investments and derivatives, the estimated useful lives used to calculate depreciation, the expected lives over which to amortize premiums and accrete discounts, reversals of or provisions for expected credit losses and the disclosure of contingent liabilities.</span></p>
CY2023Q2 acr Cash Balance In Excess Of Federal Deposit Insurance Limit Amount
CashBalanceInExcessOfFederalDepositInsuranceLimitAmount
53100000
CY2022Q4 acr Cash Balance In Excess Of Federal Deposit Insurance Limit Amount
CashBalanceInExcessOfFederalDepositInsuranceLimitAmount
63300000
CY2023Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
57112000
CY2022Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
34870000
CY2023Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
15251000
CY2022Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
25367000
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
72363000
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
60237000
acr Investment In Real Estate Site Improvement Useful Life
InvestmentInRealEstateSiteImprovementUsefulLife
P10Y
acr Investment In Real Estate Tenant Improvements Useful Life Description
InvestmentInRealEstateTenantImprovementsUsefulLifeDescription
Shorter of lease term or expected useful life
CY2023Q2 acr Operating Loss Carryforwards Valuation Allowance Tax Expense Impact
OperatingLossCarryforwardsValuationAllowanceTaxExpenseImpact
21000000.0
CY2023Q2 acr Loans Receivable At Carrying Value
LoansReceivableAtCarryingValue
1900000000
CY2023Q2 us-gaap Change In Accounting Principle Accounting Standards Update Adopted
ChangeInAccountingPrincipleAccountingStandardsUpdateAdopted
true
CY2023Q2 us-gaap Change In Accounting Principle Accounting Standards Update Adoption Date
ChangeInAccountingPrincipleAccountingStandardsUpdateAdoptionDate
2023-06-30
CY2023Q2 us-gaap Change In Accounting Principle Accounting Standards Update Immaterial Effect
ChangeInAccountingPrincipleAccountingStandardsUpdateImmaterialEffect
false
us-gaap Interest Paid Net
InterestPaidNet
60035000
us-gaap Interest Paid Net
InterestPaidNet
24736000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
101000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
180000
acr Proceeds From Receipt Of Deed In Lieu Of Foreclosure On Loan
ProceedsFromReceiptOfDeedInLieuOfForeclosureOnLoan
20900000
acr Investment In Properties Held For Sale Related To Receipt Of Deed In Lieu Of Foreclosure
InvestmentInPropertiesHeldForSaleRelatedToReceiptOfDeedInLieuOfForeclosure
20900000
acr Incentive Compensation Paid In Common Stock
IncentiveCompensationPaidInCommonStock
234000
CY2023Q2 acr Principal Paydowns Receivable
PrincipalPaydownsReceivable
0
CY2022Q4 acr Principal Paydowns Receivable
PrincipalPaydownsReceivable
0
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
18803000
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
8805000
us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
7796000
CY2022 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
12295000
us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
948000
CY2022 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
2297000
CY2023Q2 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
25651000
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
18803000
CY2023Q2 acr Financing Receivable Year Five Originated Four Years Before Current Fiscal Year Write Off
FinancingReceivableYearFiveOriginatedFourYearsBeforeCurrentFiscalYearWriteOff
-948000
CY2023Q2 acr Financing Receivables After Deferred Income Offset Write Offs
FinancingReceivablesAfterDeferredIncomeOffsetWriteOffs
-948000
CY2022Q2 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
21800000
acr Percentage Of Total Amortization Cost
PercentageOfTotalAmortizationCost
0.010
CY2023Q2 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
6
CY2023Q1 us-gaap Proceeds From Sale Of Property Held For Sale
ProceedsFromSaleOfPropertyHeldForSale
15100000
CY2023Q1 acr Selling Costs Of Property Held For Sale
SellingCostsOfPropertyHeldForSale
845000
CY2023Q1 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
745000
CY2023Q2 acr Assets Acquired Cost
AssetsAcquiredCost
233712000
CY2023Q2 acr Assets Acquired Accumulated Depreciation And Amortization
AssetsAcquiredAccumulatedDepreciationAndAmortization
7085000
CY2023Q2 acr Assets Acquired
AssetsAcquired
226627000
CY2022Q4 acr Assets Acquired Cost
AssetsAcquiredCost
208126000
CY2022Q4 acr Assets Acquired Accumulated Depreciation And Amortization
AssetsAcquiredAccumulatedDepreciationAndAmortization
5050000
CY2022Q4 acr Assets Acquired
AssetsAcquired
203076000
CY2023Q2 acr Liabilities Assumed Cost
LiabilitiesAssumedCost
64765000
CY2023Q2 acr Liability Assumed Accumulated Depreciation And Amortization
LiabilityAssumedAccumulatedDepreciationAndAmortization
4000
CY2023Q2 acr Liabilities Assumed Book Value
LiabilitiesAssumedBookValue
64769000
CY2022Q4 acr Liabilities Assumed Cost
LiabilitiesAssumedCost
64621000
CY2022Q4 acr Liability Assumed Accumulated Depreciation And Amortization
LiabilityAssumedAccumulatedDepreciationAndAmortization
421000
CY2022Q4 acr Liabilities Assumed Book Value
LiabilitiesAssumedBookValue
64200000
CY2023Q2 acr Assets Acquired And Liabilities Assumed Cost
AssetsAcquiredAndLiabilitiesAssumedCost
168947000
CY2023Q2 acr Assets Acquired And Liabilities Assumed Net
AssetsAcquiredAndLiabilitiesAssumedNet
161858000
CY2022Q4 acr Assets Acquired And Liabilities Assumed Cost
AssetsAcquiredAndLiabilitiesAssumedCost
143505000
CY2022Q4 acr Assets Acquired And Liabilities Assumed Net
AssetsAcquiredAndLiabilitiesAssumedNet
138876000
CY2023Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
251000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
503000
CY2022Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
437000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1400000
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
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us-gaap Operating Lease Cost
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us-gaap Operating Lease Payments
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us-gaap Operating Lease Payments
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LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
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CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
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CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due
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CY2023Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
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CY2023Q2 us-gaap Deferred Finance Costs Net
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CY2023Q2 us-gaap Notes Payable
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CY2023Q2 us-gaap Longterm Debt Weighted Average Interest Rate
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acr Debt Instrument Maturity Date Free Form
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P10Y3M18D
CY2023Q2 us-gaap Collateral Already Posted Aggregate Fair Value
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CY2022Q4 us-gaap Debt Instrument Carrying Amount
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CY2022Q4 us-gaap Deferred Finance Costs Net
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CY2022Q4 us-gaap Notes Payable
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CY2022Q4 us-gaap Longterm Debt Weighted Average Interest Rate
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0.0629
CY2022 acr Debt Instrument Maturity Date Free Form
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P10Y3M18D
CY2022Q4 us-gaap Collateral Already Posted Aggregate Fair Value
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CY2023Q2 us-gaap Debt Instrument Face Amount
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CY2023Q2 us-gaap Securities Loaned Fair Value Of Collateral
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CY2022Q4 us-gaap Debt Instrument Face Amount
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CY2022Q4 us-gaap Securities Loaned Fair Value Of Collateral
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CY2021Q3 us-gaap Debt Instrument Interest Rate Stated Percentage
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0.0575
CY2021Q3 us-gaap Debt Instrument Interest Rate Stated Percentage
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us-gaap Debt Instrument Redemption Description
DebtInstrumentRedemptionDescription
100%
CY2021Q3 us-gaap Debt Instrument Interest Rate Stated Percentage
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0.0575
CY2021Q3 us-gaap Debt Instrument Interest Rate Stated Percentage
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CY2023Q2 us-gaap Long Term Debt
LongTermDebt
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CY2023Q2 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
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CY2023Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
18854000
CY2023Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
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150000000
CY2023Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
50995000
CY2023Q2 acr Long Term Debt Maturing In Year Four And After
LongTermDebtMaturingInYearFourAndAfter
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acr Common Shares Repurchased Cost
CommonSharesRepurchasedCost
2000000.0
acr Common Shares Repurchased Cost
CommonSharesRepurchasedCost
6400000
acr Common Shares Repurchased
CommonSharesRepurchased
215160
acr Common Shares Repurchased
CommonSharesRepurchased
552282
CY2023Q2 us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
719000
us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
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CY2022Q2 us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
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us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
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CY2023Q2 acr Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Expected To Vest Remainder Of Fiscal Year
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExpectedToVestRemainderOfFiscalYear
0
CY2023Q2 acr Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Expected To Vest Year One
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExpectedToVestYearOne
166658
CY2023Q2 acr Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Expected To Vest Year Two
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExpectedToVestYearTwo
166671
CY2023Q2 acr Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Expected To Vest Year Three
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExpectedToVestYearThree
83346
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
416675
CY2023Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Share Based Awards Other Than Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions
2900000
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y6M
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PercentageOfIncentiveCompensationExpensePayableInCash
0.50
acr Percentage Of Incentive Compensation Expense Payable In Common Stock
PercentageOfIncentiveCompensationExpensePayableInCommonStock
0.50
acr Related Party Transaction Incentive Compensation Shares Payable
RelatedPartyTransactionIncentiveCompensationSharesPayable
24655
CY2023Q2 acr Related Party Transaction Incentive Compensation Shares Payable
RelatedPartyTransactionIncentiveCompensationSharesPayable
14226
CY2023Q2 us-gaap Profit Loss
ProfitLoss
5558000
CY2022Q2 us-gaap Profit Loss
ProfitLoss
5522000
us-gaap Profit Loss
ProfitLoss
7851000
us-gaap Profit Loss
ProfitLoss
7606000
CY2023Q2 acr Comprehensive Income Loss Net Of Tax Attributable To Preferred Stockholders
ComprehensiveIncomeLossNetOfTaxAttributableToPreferredStockholders
4856000
CY2022Q2 acr Comprehensive Income Loss Net Of Tax Attributable To Preferred Stockholders
ComprehensiveIncomeLossNetOfTaxAttributableToPreferredStockholders
4856000
acr Comprehensive Income Loss Net Of Tax Attributable To Preferred Stockholders
ComprehensiveIncomeLossNetOfTaxAttributableToPreferredStockholders
9711000
acr Comprehensive Income Loss Net Of Tax Attributable To Preferred Stockholders
ComprehensiveIncomeLossNetOfTaxAttributableToPreferredStockholders
9711000
CY2023Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-115000
CY2022Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-24000
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-261000
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-24000
CY2023Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
817000
CY2022Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
690000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-1599000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-2081000
CY2023Q2 acr Weighted Average Number Of Common Shares Outstanding Basic
WeightedAverageNumberOfCommonSharesOutstandingBasic
8059978
CY2022Q2 acr Weighted Average Number Of Common Shares Outstanding Basic
WeightedAverageNumberOfCommonSharesOutstandingBasic
8421800
acr Weighted Average Number Of Common Shares Outstanding Basic
WeightedAverageNumberOfCommonSharesOutstandingBasic
8084064
acr Weighted Average Number Of Common Shares Outstanding Basic
WeightedAverageNumberOfCommonSharesOutstandingBasic
8525481
CY2023Q2 acr Weighted Average Number Of Warrants Outstanding
WeightedAverageNumberOfWarrantsOutstanding
391995
CY2022Q2 acr Weighted Average Number Of Warrants Outstanding
WeightedAverageNumberOfWarrantsOutstanding
466661
acr Weighted Average Number Of Warrants Outstanding
WeightedAverageNumberOfWarrantsOutstanding
391995
acr Weighted Average Number Of Warrants Outstanding
WeightedAverageNumberOfWarrantsOutstanding
466661
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
8451973
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
8888461
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
8476059
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
8992142
CY2023Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
82585
CY2022Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
25711
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
8534558
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
8914172
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
8476059
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
8992142
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.10
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.08
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.19
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.23
CY2023Q2 us-gaap Earnings Per Share Diluted
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0.10
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.08
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.19
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.23
acr Reit Required Taxable Income Distribution Percentage
REITRequiredTaxableIncomeDistributionPercentage
0.90
acr Reit Taxable Income Distribution For Exempt Federal Income Taxes Percentage
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1
CY2022Q4 us-gaap Litigation Reserve
LitigationReserve
0
acr Management Agreement Renewal Period
ManagementAgreementRenewalPeriod
P1Y
CY2023Q2 acr Derivative Instruments Amortization Expense Reported In Interest Expense
DerivativeInstrumentsAmortizationExpenseReportedInInterestExpense
420000
acr Derivative Instruments Amortization Expense Reported In Interest Expense
DerivativeInstrumentsAmortizationExpenseReportedInInterestExpense
835000
CY2023Q2 us-gaap Securities Sold Under Agreements To Repurchase Gross
SecuritiesSoldUnderAgreementsToRepurchaseGross
251262000
CY2023Q2 us-gaap Securities Sold Under Agreements To Repurchase Asset
SecuritiesSoldUnderAgreementsToRepurchaseAsset
0
CY2023Q2 acr Securities Sold Under Agreements To Repurchase Amount Not Offset Against Collateral
SecuritiesSoldUnderAgreementsToRepurchaseAmountNotOffsetAgainstCollateral
251262000
CY2023Q2 us-gaap Securities Sold Under Agreements To Repurchase Collateral Right To Reclaim Securities
SecuritiesSoldUnderAgreementsToRepurchaseCollateralRightToReclaimSecurities
251262000
CY2023Q2 us-gaap Securities Sold Under Agreements To Repurchase Collateral Right To Reclaim Cash
SecuritiesSoldUnderAgreementsToRepurchaseCollateralRightToReclaimCash
0
CY2023Q2 us-gaap Securities Sold Under Agreements To Repurchase Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
SecuritiesSoldUnderAgreementsToRepurchaseOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
0
CY2022Q4 us-gaap Securities Sold Under Agreements To Repurchase Gross
SecuritiesSoldUnderAgreementsToRepurchaseGross
328288000
CY2022Q4 us-gaap Securities Sold Under Agreements To Repurchase Asset
SecuritiesSoldUnderAgreementsToRepurchaseAsset
0
CY2022Q4 acr Securities Sold Under Agreements To Repurchase Amount Not Offset Against Collateral
SecuritiesSoldUnderAgreementsToRepurchaseAmountNotOffsetAgainstCollateral
328288000
CY2022Q4 us-gaap Securities Sold Under Agreements To Repurchase Collateral Right To Reclaim Securities
SecuritiesSoldUnderAgreementsToRepurchaseCollateralRightToReclaimSecurities
328288000
CY2022Q4 us-gaap Securities Sold Under Agreements To Repurchase Collateral Right To Reclaim Cash
SecuritiesSoldUnderAgreementsToRepurchaseCollateralRightToReclaimCash
0
CY2022Q4 us-gaap Securities Sold Under Agreements To Repurchase Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
SecuritiesSoldUnderAgreementsToRepurchaseOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
0
CY2023Q2 us-gaap Securities Sold Under Agreements To Repurchase Fair Value Of Collateral
SecuritiesSoldUnderAgreementsToRepurchaseFairValueOfCollateral
377200000
CY2022Q4 us-gaap Securities Sold Under Agreements To Repurchase Fair Value Of Collateral
SecuritiesSoldUnderAgreementsToRepurchaseFairValueOfCollateral
453600000
CY2023Q2 us-gaap Litigation Reserve
LitigationReserve
0

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