2024 Q2 Form 10-Q Financial Statement

#000095017024055428 Filed on May 08, 2024

View on sec.gov

Income Statement

Concept 2024 Q2 2024 Q1
Revenue $20.94M $18.77M
YoY Change -11.37% -10.87%
Cost Of Revenue $31.93M $32.88M
YoY Change -6.99% -0.81%
Gross Profit $19.32M $17.14M
YoY Change -11.12% -11.12%
Gross Profit Margin 92.26% 91.33%
Selling, General & Admin $12.65M $13.04M
YoY Change -5.03% 4.6%
% of Gross Profit 65.49% 76.06%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.812M $1.563M
YoY Change 38.11% 14.0%
% of Gross Profit 9.38% 9.12%
Operating Expenses $14.26M $18.17M
YoY Change -12.42% 1.76%
Operating Profit $5.057M -$1.026M
YoY Change -7.21% -171.6%
Interest Expense $30.31M $31.25M
YoY Change -6.57% -0.4%
% of Operating Profit 599.39%
Other Income/Expense, Net $1.394M $5.950M
YoY Change 476.03% 595.91%
Pretax Income $6.451M $4.924M
YoY Change 13.33% 115.21%
Income Tax $54.00K $0.00
% Of Pretax Income 0.84% 0.0%
Net Earnings $6.397M $4.924M
YoY Change 15.1% 114.74%
Net Earnings / Revenue 30.56% 26.24%
Basic Earnings Per Share $0.22 $0.07
Diluted Earnings Per Share $0.21 $0.07
COMMON SHARES
Basic Shares Outstanding 7.959M 7.748M
Diluted Shares Outstanding 7.842M 8.034M

Balance Sheet

Concept 2024 Q2 2024 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $89.62M $84.60M
YoY Change 56.92% -3.11%
Cash & Equivalents $89.62M $84.60M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $102.2M $96.49M
YoY Change 46.54% -3.4%
LONG-TERM ASSETS
Property, Plant & Equipment $202.1M $191.1M
YoY Change 28.39% 26.78%
Goodwill
YoY Change
Intangibles $7.395M $7.638M
YoY Change -11.71% -11.47%
Long-Term Investments $21.63M $21.67M
YoY Change 1297.29% 1252.75%
Other Assets $65.31M $67.02M
YoY Change -14.98% -9.82%
Total Long-Term Assets $1.993B $2.043B
YoY Change -9.28% -8.03%
TOTAL ASSETS
Total Short-Term Assets $102.2M $96.49M
Total Long-Term Assets $1.993B $2.043B
Total Assets $2.095B $2.140B
YoY Change -7.56% -7.83%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $9.438M $13.87M
YoY Change -39.49% 3.21%
Accrued Expenses $52.47M $50.43M
YoY Change 2.55% 3.77%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $73.11M $73.13M
YoY Change
Total Short-Term Liabilities $138.8M $141.2M
YoY Change 97.08% 114.07%
LONG-TERM LIABILITIES
Long-Term Debt $1.509B $1.552B
YoY Change -13.74% -14.27%
Other Long-Term Liabilities $3.123M $3.073M
YoY Change 3.24% 1.59%
Total Long-Term Liabilities $1.512B $1.555B
YoY Change -13.71% -14.24%
TOTAL LIABILITIES
Total Short-Term Liabilities $138.8M $141.2M
Total Long-Term Liabilities $1.512B $1.555B
Total Liabilities $1.651B $1.697B
YoY Change -9.43% -9.74%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $8.000K $8.000K
YoY Change -11.11% -11.11%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $434.0M $432.8M
YoY Change
Total Liabilities & Shareholders Equity $2.095B $2.140B
YoY Change -7.56% -7.83%

Cashflow Statement

Concept 2024 Q2 2024 Q1
OPERATING ACTIVITIES
Net Income $6.397M $4.924M
YoY Change 15.1% 114.74%
Depreciation, Depletion And Amortization $1.812M $1.563M
YoY Change 38.11% 14.0%
Cash From Operating Activities $6.876M $3.335M
YoY Change -55.24% -63.38%
INVESTING ACTIVITIES
Capital Expenditures $11.88M $14.54M
YoY Change 84.57% 63.07%
Acquisitions
YoY Change
Other Investing Activities $59.67M $69.41M
YoY Change 489.88% -12.01%
Cash From Investing Activities $47.79M $54.87M
YoY Change 1198.32% -21.58%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -51.71M -61.46M
YoY Change -23.88% -1.88%
NET CHANGE
Cash From Operating Activities 6.876M 3.335M
Cash From Investing Activities 47.79M 54.87M
Cash From Financing Activities -51.71M -61.46M
Net Change In Cash 2.958M -3.251M
YoY Change -106.05% -119.77%
FREE CASH FLOW
Cash From Operating Activities $6.876M $3.335M
Capital Expenditures $11.88M $14.54M
Free Cash Flow -$4.999M -$11.21M
YoY Change -155.99% -6030.16%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2024Q1 dei Amendment Flag
AmendmentFlag
false
CY2024Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2024Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2024Q1 dei Entity Central Index Key
EntityCentralIndexKey
0001332551
CY2024Q1 us-gaap Other Receivable After Allowance For Credit Loss Related Party Type Extensible Enumeration
OtherReceivableAfterAllowanceForCreditLossRelatedPartyTypeExtensibleEnumeration
http://fasb.org/us-gaap/2023#RelatedPartyMember
CY2023Q4 us-gaap Other Receivable After Allowance For Credit Loss Related Party Type Extensible Enumeration
OtherReceivableAfterAllowanceForCreditLossRelatedPartyTypeExtensibleEnumeration
http://fasb.org/us-gaap/2023#RelatedPartyMember
CY2024Q1 us-gaap Other Liability Related Party Type Extensible Enumeration
OtherLiabilityRelatedPartyTypeExtensibleEnumeration
http://fasb.org/us-gaap/2023#RelatedPartyMember
CY2023Q4 us-gaap Other Liability Related Party Type Extensible Enumeration
OtherLiabilityRelatedPartyTypeExtensibleEnumeration
http://fasb.org/us-gaap/2023#RelatedPartyMember
CY2024Q1 us-gaap Operating Lease Liability Statement Of Financial Position Extensible List
OperatingLeaseLiabilityStatementOfFinancialPositionExtensibleList
http://www.acrescommercialrealtycorp.com/20240331#LeaseLiabilities
CY2023Q4 us-gaap Operating Lease Liability Statement Of Financial Position Extensible List
OperatingLeaseLiabilityStatementOfFinancialPositionExtensibleList
http://www.acrescommercialrealtycorp.com/20240331#LeaseLiabilities
CY2024Q1 us-gaap Operating Lease Liability Statement Of Financial Position Extensible List
OperatingLeaseLiabilityStatementOfFinancialPositionExtensibleList
http://www.acrescommercialrealtycorp.com/20240331#LeaseLiabilities
CY2024Q1 us-gaap Operating Lease Liability Statement Of Financial Position Extensible List
OperatingLeaseLiabilityStatementOfFinancialPositionExtensibleList
http://www.acrescommercialrealtycorp.com/20240331#LeaseLiabilities
CY2024Q1 dei Document Type
DocumentType
10-Q
CY2024Q1 dei Document Quarterly Report
DocumentQuarterlyReport
true
CY2024Q1 dei Document Period End Date
DocumentPeriodEndDate
2024-03-31
CY2024Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2024
CY2024Q1 dei Document Transition Report
DocumentTransitionReport
false
CY2024Q1 dei Entity File Number
EntityFileNumber
1-32733
CY2024Q1 dei Entity Registrant Name
EntityRegistrantName
ACRES COMMERCIAL REALTY CORP.
CY2024Q1 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
MD
CY2024Q1 dei Entity Tax Identification Number
EntityTaxIdentificationNumber
20-2287134
CY2024Q1 dei Entity Address Address Line1
EntityAddressAddressLine1
390 RXR Plaza
CY2024Q1 dei Entity Address City Or Town
EntityAddressCityOrTown
Uniondale
CY2024Q1 dei Entity Address State Or Province
EntityAddressStateOrProvince
NY
CY2024Q1 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
11556
CY2024Q1 dei City Area Code
CityAreaCode
516
CY2024Q1 dei Local Phone Number
LocalPhoneNumber
535-0015
CY2024Q1 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2024Q1 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2024Q1 dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
CY2024Q1 dei Entity Small Business
EntitySmallBusiness
true
CY2024Q1 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2024Q1 dei Entity Shell Company
EntityShellCompany
false
CY2024Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
7958714
CY2024Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
84600000
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
83449000
CY2024Q1 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
4035000
CY2023Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
8437000
CY2024Q1 us-gaap Interest Receivable
InterestReceivable
11889000
CY2023Q4 us-gaap Interest Receivable
InterestReceivable
11783000
CY2024Q1 us-gaap Notes Receivable Gross
NotesReceivableGross
1774883000
CY2023Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
1857093000
CY2024Q1 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
33653000
CY2023Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
28757000
CY2024Q1 us-gaap Notes Receivable Net
NotesReceivableNet
1741230000
CY2023Q4 us-gaap Notes Receivable Net
NotesReceivableNet
1828336000
CY2024Q1 us-gaap Other Receivables
OtherReceivables
10925000
CY2023Q4 us-gaap Other Receivables
OtherReceivables
10975000
CY2024Q1 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
21671000
CY2023Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
1548000
CY2024Q1 us-gaap Real Estate Heldforsale
RealEstateHeldforsale
62986000
CY2023Q4 us-gaap Real Estate Heldforsale
RealEstateHeldforsale
62605000
CY2024Q1 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
171284000
CY2023Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
157621000
CY2024Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
19799000
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
19879000
CY2024Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
7638000
CY2023Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
7882000
CY2024Q1 us-gaap Other Assets
OtherAssets
3795000
CY2023Q4 us-gaap Other Assets
OtherAssets
3590000
CY2024Q1 us-gaap Assets
Assets
2139852000
CY2023Q4 us-gaap Assets
Assets
2196105000
CY2024Q1 us-gaap Accounts Payable And Other Accrued Liabilities
AccountsPayableAndOtherAccruedLiabilities
13873000
CY2023Q4 us-gaap Accounts Payable And Other Accrued Liabilities
AccountsPayableAndOtherAccruedLiabilities
13963000
CY2024Q1 us-gaap Other Liabilities
OtherLiabilities
541000
CY2023Q4 us-gaap Other Liabilities
OtherLiabilities
584000
CY2024Q1 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
5990000
CY2023Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
8459000
CY2024Q1 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
1625499000
CY2023Q4 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
1676200000
CY2024Q1 acr Lease Liabilities
LeaseLiabilities
44439000
CY2023Q4 acr Lease Liabilities
LeaseLiabilities
44276000
CY2024Q1 us-gaap Dividends Payable Current
DividendsPayableCurrent
3229000
CY2023Q4 us-gaap Dividends Payable Current
DividendsPayableCurrent
3262000
CY2024Q1 us-gaap Taxes Payable Current And Noncurrent
TaxesPayableCurrentAndNoncurrent
43000
CY2023Q4 us-gaap Taxes Payable Current And Noncurrent
TaxesPayableCurrentAndNoncurrent
121000
CY2024Q1 us-gaap Liabilities Of Disposal Group Including Discontinued Operation
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
3073000
CY2023Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
3025000
CY2024Q1 us-gaap Liabilities
Liabilities
1696687000
CY2023Q4 us-gaap Liabilities
Liabilities
1749890000
CY2024Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2023Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2024Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
41666666
CY2023Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
41666666
CY2023Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
7685300
CY2024Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
7685300
CY2023Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
7878216
CY2023Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
7878216
CY2024Q1 acr Common Stock Restricted Shares
CommonStockRestrictedShares
416675
CY2023Q4 acr Common Stock Restricted Shares
CommonStockRestrictedShares
416675
CY2024Q1 us-gaap Common Stock Value
CommonStockValue
8000
CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
8500413
CY2024Q1 us-gaap Profit Loss
ProfitLoss
4924000
CY2023Q1 us-gaap Profit Loss
ProfitLoss
2293000
CY2024Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-397000
CY2023Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-393000
CY2024Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
397000
CY2023Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
393000
CY2024Q1 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
5321000
CY2023Q1 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
2686000
CY2024Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
-212000
CY2023Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
-146000
CY2024Q1 acr Carrying Value In Excess Of Consideration Paid For Preferred Shares
CarryingValueInExcessOfConsiderationPaidForPreferredShares
242000
CY2023Q1 acr Carrying Value In Excess Of Consideration Paid For Preferred Shares
CarryingValueInExcessOfConsiderationPaidForPreferredShares
0
CY2024Q1 acr Comprehensive Income Loss Net Of Tax Attributable To Preferred Stockholders
ComprehensiveIncomeLossNetOfTaxAttributableToPreferredStockholders
4822000
CY2023Q1 acr Comprehensive Income Loss Net Of Tax Attributable To Preferred Stockholders
ComprehensiveIncomeLossNetOfTaxAttributableToPreferredStockholders
4855000
CY2024Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
953000
CY2023Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-2023000
CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
446215000
CY2024Q1 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
2068000
CY2024Q1 acr Stock Issued During Period Value Share Based Compensation Adjustment To Additional Paid In Capital
StockIssuedDuringPeriodValueShareBasedCompensationAdjustmentToAdditionalPaidInCapital
19000
CY2024Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
477000
CY2024Q1 us-gaap Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
-2157000
CY2024Q1 us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
180000
CY2024Q1 us-gaap Profit Loss
ProfitLoss
4924000
CY2024Q1 acr Distributions And Accrual Of Cumulative Preferred Stock Dividends
DistributionsAndAccrualOfCumulativePreferredStockDividends
4822000
CY2024Q1 acr Amortization Of Terminated Derivatives
AmortizationOfTerminatedDerivatives
397000
CY2024Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
443165000
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
441314000
CY2023Q1 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
756000
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
2293000
CY2023Q1 acr Distributions And Accrual Of Cumulative Preferred Stock Dividends
DistributionsAndAccrualOfCumulativePreferredStockDividends
4855000
CY2023Q1 acr Amortization Of Terminated Derivatives
AmortizationOfTerminatedDerivatives
393000
CY2024Q1 us-gaap Profit Loss
ProfitLoss
4924000
CY2023Q1 us-gaap Profit Loss
ProfitLoss
2293000
CY2024Q1 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
4896000
CY2023Q1 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
5096000
CY2024Q1 us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
1563000
CY2023Q1 us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
1371000
CY2024Q1 acr Share Based Compensation Nonemployee And Directors
ShareBasedCompensationNonemployeeAndDirectors
477000
CY2023Q4 us-gaap Common Stock Value
CommonStockValue
8000
CY2024Q1 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
1165999000
CY2023Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
1169970000
CY2024Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-4404000
CY2023Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-4801000
CY2024Q1 us-gaap Accumulated Distributions In Excess Of Net Income
AccumulatedDistributionsInExcessOfNetIncome
728835000
CY2023Q4 us-gaap Accumulated Distributions In Excess Of Net Income
AccumulatedDistributionsInExcessOfNetIncome
729391000
CY2024Q1 us-gaap Stockholders Equity
StockholdersEquity
432778000
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
435796000
CY2024Q1 us-gaap Minority Interest
MinorityInterest
10387000
CY2023Q4 us-gaap Minority Interest
MinorityInterest
10419000
CY2024Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
443165000
CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
446215000
CY2024Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2139852000
CY2023Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2196105000
CY2024Q1 acr Interest And Fee Income Loans Held In Portfolio
InterestAndFeeIncomeLoansHeldInPortfolio
41866000
CY2023Q1 acr Interest And Fee Income Loans Held In Portfolio
InterestAndFeeIncomeLoansHeldInPortfolio
44470000
CY2024Q1 us-gaap Other Interest And Dividend Income
OtherInterestAndDividendIncome
745000
CY2023Q1 us-gaap Other Interest And Dividend Income
OtherInterestAndDividendIncome
859000
CY2024Q1 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
42611000
CY2023Q1 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
45329000
CY2024Q1 us-gaap Interest Expense
InterestExpense
31251000
CY2023Q1 us-gaap Interest Expense
InterestExpense
31375000
CY2024Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
11360000
CY2023Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
13954000
CY2024Q1 acr Gross Profit Loss From Real Estate Operations
GrossProfitLossFromRealEstateOperations
7371000
CY2023Q1 acr Gross Profit Loss From Real Estate Operations
GrossProfitLossFromRealEstateOperations
7071000
CY2024Q1 acr Income Loss Dividend Income And Other Income Loss From Equity Method Investments
IncomeLossDividendIncomeAndOtherIncomeLossFromEquityMethodInvestments
37000
CY2023Q1 acr Income Loss Dividend Income And Other Income Loss From Equity Method Investments
IncomeLossDividendIncomeAndOtherIncomeLossFromEquityMethodInvestments
33000
CY2024Q1 us-gaap Revenues
Revenues
18768000
CY2023Q1 us-gaap Revenues
Revenues
21058000
CY2024Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
3255000
CY2023Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
2979000
CY2024Q1 acr Real Estate Expenses
RealEstateExpenses
9531000
CY2023Q1 acr Real Estate Expenses
RealEstateExpenses
8860000
CY2024Q1 acr Management Fees Related Party
ManagementFeesRelatedParty
1627000
CY2023Q1 acr Management Fees Related Party
ManagementFeesRelatedParty
1773000
CY2024Q1 acr Equity Compensation Related Party
EquityCompensationRelatedParty
477000
CY2023Q1 acr Equity Compensation Related Party
EquityCompensationRelatedParty
894000
CY2024Q1 us-gaap Depreciation And Amortization
DepreciationAndAmortization
8000
CY2023Q1 us-gaap Depreciation And Amortization
DepreciationAndAmortization
23000
CY2024Q1 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
4896000
CY2023Q1 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
5096000
CY2024Q1 us-gaap Costs And Expenses
CostsAndExpenses
19794000
CY2023Q1 us-gaap Costs And Expenses
CostsAndExpenses
19625000
CY2024Q1 acr Revenues Less Operating Expense
RevenuesLessOperatingExpense
-1026000
CY2023Q1 acr Revenues Less Operating Expense
RevenuesLessOperatingExpense
1433000
CY2024Q1 acr Gains Losses On Conversion Of Investment Real Estate
GainsLossesOnConversionOfInvestmentRealEstate
5835000
CY2023Q1 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
745000
CY2024Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
115000
CY2023Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
110000
CY2024Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
5950000
CY2023Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
855000
CY2024Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
4924000
CY2023Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
2288000
CY2023Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-5000
CY2024Q1 us-gaap Profit Loss
ProfitLoss
4924000
CY2023Q1 us-gaap Profit Loss
ProfitLoss
2293000
CY2024Q1 acr Comprehensive Income Loss Net Of Tax Attributable To Preferred Stockholders
ComprehensiveIncomeLossNetOfTaxAttributableToPreferredStockholders
4822000
CY2023Q1 acr Comprehensive Income Loss Net Of Tax Attributable To Preferred Stockholders
ComprehensiveIncomeLossNetOfTaxAttributableToPreferredStockholders
4855000
CY2024Q1 acr Carrying Value In Excess Of Consideration Paid For Preferred Shares
CarryingValueInExcessOfConsiderationPaidForPreferredShares
242000
CY2024Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-212000
CY2023Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-146000
CY2024Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
556000
CY2023Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-2416000
CY2024Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.07
CY2023Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.28
CY2024Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.07
CY2023Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.28
CY2024Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7754130
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
8500413
CY2024Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
8033813
CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
8500413
CY2024Q1 us-gaap Profit Loss
ProfitLoss
4924000
CY2023Q1 us-gaap Profit Loss
ProfitLoss
2293000
CY2024Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-397000
CY2023Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-393000
CY2024Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
397000
CY2023Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
393000
CY2024Q1 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
5321000
CY2023Q1 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
2686000
CY2024Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
-212000
CY2023Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
-146000
CY2024Q1 acr Carrying Value In Excess Of Consideration Paid For Preferred Shares
CarryingValueInExcessOfConsiderationPaidForPreferredShares
242000
CY2023Q1 acr Carrying Value In Excess Of Consideration Paid For Preferred Shares
CarryingValueInExcessOfConsiderationPaidForPreferredShares
0
CY2024Q1 acr Comprehensive Income Loss Net Of Tax Attributable To Preferred Stockholders
ComprehensiveIncomeLossNetOfTaxAttributableToPreferredStockholders
4822000
CY2023Q1 acr Comprehensive Income Loss Net Of Tax Attributable To Preferred Stockholders
ComprehensiveIncomeLossNetOfTaxAttributableToPreferredStockholders
4855000
CY2024Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
953000
CY2023Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-2023000
CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
446215000
CY2024Q1 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
2068000
CY2024Q1 acr Stock Issued During Period Value Share Based Compensation Adjustment To Additional Paid In Capital
StockIssuedDuringPeriodValueShareBasedCompensationAdjustmentToAdditionalPaidInCapital
19000
CY2024Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
477000
CY2024Q1 us-gaap Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
-2157000
CY2024Q1 us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
180000
CY2024Q1 us-gaap Profit Loss
ProfitLoss
4924000
CY2024Q1 acr Distributions And Accrual Of Cumulative Preferred Stock Dividends
DistributionsAndAccrualOfCumulativePreferredStockDividends
4822000
CY2024Q1 acr Amortization Of Terminated Derivatives
AmortizationOfTerminatedDerivatives
397000
CY2024Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
443165000
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
441314000
CY2023Q1 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
756000
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
2293000
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
CY2024Q1 us-gaap Profit Loss
ProfitLoss
4924000
CY2023Q1 us-gaap Profit Loss
ProfitLoss
2293000
CY2024Q1 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
4896000
CY2023Q1 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
5096000
CY2024Q1 us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
1563000
CY2023Q1 us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
1371000
CY2024Q1 acr Share Based Compensation Nonemployee And Directors
ShareBasedCompensationNonemployeeAndDirectors
477000
CY2023Q1 acr Share Based Compensation Nonemployee And Directors
ShareBasedCompensationNonemployeeAndDirectors
894000
CY2024Q1 acr Gains Losses On Conversion Of Investment Real Estate
GainsLossesOnConversionOfInvestmentRealEstate
5835000
CY2023Q1 acr Gains Losses On Conversion Of Investment Real Estate
GainsLossesOnConversionOfInvestmentRealEstate
0
CY2024Q1 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
0
CY2023Q1 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
745000
CY2024Q1 us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
2690000
CY2023Q1 us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
-198000
CY2024Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
3335000
CY2023Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
9107000
CY2023Q1 acr Share Based Compensation Nonemployee And Directors
ShareBasedCompensationNonemployeeAndDirectors
894000
CY2024Q1 acr Gains Losses On Conversion Of Investment Real Estate
GainsLossesOnConversionOfInvestmentRealEstate
5835000
CY2023Q1 acr Gains Losses On Conversion Of Investment Real Estate
GainsLossesOnConversionOfInvestmentRealEstate
0
CY2024Q1 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
0
CY2023Q1 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
745000
CY2024Q1 us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
2690000
CY2023Q1 us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
-198000
CY2024Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
3335000
CY2023Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
9107000
CY2024Q1 us-gaap Payments To Acquire Loans Receivable
PaymentsToAcquireLoansReceivable
11406000
CY2023Q1 us-gaap Payments To Acquire Loans Receivable
PaymentsToAcquireLoansReceivable
29559000
CY2024Q1 us-gaap Proceeds From Collection Of Loans Receivable
ProceedsFromCollectionOfLoansReceivable
80770000
CY2023Q1 us-gaap Proceeds From Collection Of Loans Receivable
ProceedsFromCollectionOfLoansReceivable
94064000
CY2024Q1 us-gaap Payments For Proceeds From Real Estate Heldforinvestment
PaymentsForProceedsFromRealEstateHeldforinvestment
14543000
CY2023Q1 us-gaap Payments For Proceeds From Real Estate Heldforinvestment
PaymentsForProceedsFromRealEstateHeldforinvestment
8918000
CY2024Q1 us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
0
CY2023Q1 us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
14309000
CY2024Q1 us-gaap Proceeds From Collection Of Longterm Loans To Related Parties
ProceedsFromCollectionOfLongtermLoansToRelatedParties
50000
CY2023Q1 us-gaap Proceeds From Collection Of Longterm Loans To Related Parties
ProceedsFromCollectionOfLongtermLoansToRelatedParties
75000
CY2024Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
54871000
CY2023Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
69971000
CY2024Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
2068000
CY2023Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
756000
CY2024Q1 us-gaap Payments For Repurchase Of Preferred Stock And Preference Stock
PaymentsForRepurchaseOfPreferredStockAndPreferenceStock
2157000
CY2023Q1 us-gaap Payments For Repurchase Of Preferred Stock And Preference Stock
PaymentsForRepurchaseOfPreferredStockAndPreferenceStock
0
CY2024Q1 acr Proceeds From Warehouse Financing Facilities And Repurchase Agreements
ProceedsFromWarehouseFinancingFacilitiesAndRepurchaseAgreements
19260000
CY2023Q1 acr Proceeds From Warehouse Financing Facilities And Repurchase Agreements
ProceedsFromWarehouseFinancingFacilitiesAndRepurchaseAgreements
12095000
CY2024Q1 acr Proceeds From Mortgage Payable
ProceedsFromMortgagePayable
9130000
CY2023Q1 acr Proceeds From Mortgage Payable
ProceedsFromMortgagePayable
0
CY2024Q1 acr Payments Of Commercial Real Estate Notes Payable
PaymentsOfCommercialRealEstateNotesPayable
58556000
CY2023Q1 acr Payments Of Commercial Real Estate Notes Payable
PaymentsOfCommercialRealEstateNotesPayable
0
CY2024Q1 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
0
CY2023Q1 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
38213000
CY2024Q1 acr Repayments Of Warehouse Financing Facilities And Repurchase Agreements
RepaymentsOfWarehouseFinancingFacilitiesAndRepurchaseAgreements
22391000
CY2023Q1 acr Repayments Of Warehouse Financing Facilities And Repurchase Agreements
RepaymentsOfWarehouseFinancingFacilitiesAndRepurchaseAgreements
29450000
CY2024Q1 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0
CY2023Q1 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
3787000
CY2024Q1 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
180000
CY2023Q1 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
2332000
CY2024Q1 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
4855000
CY2023Q1 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
4855000
CY2024Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-61457000
CY2024Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-3251000
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
16444000
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
91886000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
104810000
CY2024Q1 us-gaap Payments To Acquire Loans Receivable
PaymentsToAcquireLoansReceivable
11406000
CY2023Q1 us-gaap Payments To Acquire Loans Receivable
PaymentsToAcquireLoansReceivable
29559000
CY2024Q1 us-gaap Proceeds From Collection Of Loans Receivable
ProceedsFromCollectionOfLoansReceivable
80770000
CY2023Q1 us-gaap Proceeds From Collection Of Loans Receivable
ProceedsFromCollectionOfLoansReceivable
94064000
CY2024Q1 us-gaap Payments For Proceeds From Real Estate Heldforinvestment
PaymentsForProceedsFromRealEstateHeldforinvestment
14543000
CY2023Q1 us-gaap Payments For Proceeds From Real Estate Heldforinvestment
PaymentsForProceedsFromRealEstateHeldforinvestment
8918000
CY2024Q1 us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
0
CY2023Q1 us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
14309000
CY2024Q1 us-gaap Proceeds From Collection Of Longterm Loans To Related Parties
ProceedsFromCollectionOfLongtermLoansToRelatedParties
50000
CY2023Q1 us-gaap Proceeds From Collection Of Longterm Loans To Related Parties
ProceedsFromCollectionOfLongtermLoansToRelatedParties
75000
CY2024Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
54871000
CY2023Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
69971000
CY2024Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
2068000
CY2023Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
756000
CY2024Q1 us-gaap Payments For Repurchase Of Preferred Stock And Preference Stock
PaymentsForRepurchaseOfPreferredStockAndPreferenceStock
2157000
CY2023Q1 us-gaap Payments For Repurchase Of Preferred Stock And Preference Stock
PaymentsForRepurchaseOfPreferredStockAndPreferenceStock
0
CY2024Q1 acr Proceeds From Warehouse Financing Facilities And Repurchase Agreements
ProceedsFromWarehouseFinancingFacilitiesAndRepurchaseAgreements
19260000
CY2023Q1 acr Proceeds From Warehouse Financing Facilities And Repurchase Agreements
ProceedsFromWarehouseFinancingFacilitiesAndRepurchaseAgreements
12095000
CY2024Q1 acr Proceeds From Mortgage Payable
ProceedsFromMortgagePayable
9130000
CY2023Q1 acr Proceeds From Mortgage Payable
ProceedsFromMortgagePayable
0
CY2024Q1 acr Payments Of Commercial Real Estate Notes Payable
PaymentsOfCommercialRealEstateNotesPayable
58556000
CY2023Q1 acr Payments Of Commercial Real Estate Notes Payable
PaymentsOfCommercialRealEstateNotesPayable
0
CY2024Q1 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
0
CY2023Q1 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
38213000
CY2024Q1 acr Repayments Of Warehouse Financing Facilities And Repurchase Agreements
RepaymentsOfWarehouseFinancingFacilitiesAndRepurchaseAgreements
22391000
CY2023Q1 acr Repayments Of Warehouse Financing Facilities And Repurchase Agreements
RepaymentsOfWarehouseFinancingFacilitiesAndRepurchaseAgreements
29450000
CY2024Q1 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0
CY2023Q1 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
3787000
CY2024Q1 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
180000
CY2023Q1 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
2332000
CY2024Q1 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
4855000
CY2023Q1 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
4855000
CY2024Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-61457000
CY2023Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-62634000
CY2024Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-3251000
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
16444000
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
91886000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
104810000
CY2024Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
88635000
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
121254000
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
121254000
CY2024Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
88635000
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
121254000
CY2024Q1 us-gaap Use Of Estimates
UseOfEstimates
<p style="font-size:10pt;margin-top:9pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">Use of Estimates</span></p><p style="text-indent:6.667%;font-size:10pt;margin-top:9pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;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>
CY2024Q1 acr Cash Balance In Excess Of Federal Deposit Insurance Limit Amount
CashBalanceInExcessOfFederalDepositInsuranceLimitAmount
82000000
CY2023Q4 acr Cash Balance In Excess Of Federal Deposit Insurance Limit Amount
CashBalanceInExcessOfFederalDepositInsuranceLimitAmount
81100000
CY2024Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
84600000
CY2023Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
87314000
CY2024Q1 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
4035000
CY2023Q1 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
33940000
CY2024Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
88635000
CY2024Q1 us-gaap Use Of Estimates
UseOfEstimates
<p style="font-size:10pt;margin-top:9pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">Use of Estimates</span></p><p style="text-indent:6.667%;font-size:10pt;margin-top:9pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;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>
CY2024Q1 acr Cash Balance In Excess Of Federal Deposit Insurance Limit Amount
CashBalanceInExcessOfFederalDepositInsuranceLimitAmount
82000000
CY2023Q4 acr Cash Balance In Excess Of Federal Deposit Insurance Limit Amount
CashBalanceInExcessOfFederalDepositInsuranceLimitAmount
81100000
CY2024Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
84600000
CY2023Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
87314000
CY2024Q1 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
4035000
CY2023Q1 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
33940000
CY2024Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
88635000
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
121254000
CY2024Q1 acr Investment In Real Estate Site Improvement Useful Life
InvestmentInRealEstateSiteImprovementUsefulLife
P10Y
CY2024Q1 acr Investment In Real Estate Tenant Improvements Useful Life Description
InvestmentInRealEstateTenantImprovementsUsefulLifeDescription
Shorter of lease term or expected useful life
CY2024Q1 acr Operating Loss Carryforwards Valuation Allowance Tax Expense Impact
OperatingLossCarryforwardsValuationAllowanceTaxExpenseImpact
21100000
CY2024Q1 us-gaap Interest Paid Net
InterestPaidNet
32045000
CY2023Q1 us-gaap Interest Paid Net
InterestPaidNet
32028000
CY2024Q1 acr Investment In Real Estate Site Improvement Useful Life
InvestmentInRealEstateSiteImprovementUsefulLife
P10Y
CY2024Q1 acr Investment In Real Estate Tenant Improvements Useful Life Description
InvestmentInRealEstateTenantImprovementsUsefulLifeDescription
Shorter of lease term or expected useful life
CY2024Q1 acr Operating Loss Carryforwards Valuation Allowance Tax Expense Impact
OperatingLossCarryforwardsValuationAllowanceTaxExpenseImpact
21100000
CY2024Q1 us-gaap Interest Paid Net
InterestPaidNet
32045000
CY2023Q1 us-gaap Interest Paid Net
InterestPaidNet
32028000
CY2024Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
83000
CY2023Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
101000
CY2024Q1 acr Transfer Of Whole Loan To Investment In Real Estate
TransferOfWholeLoanToInvestmentInRealEstate
20123000
CY2024Q1 acr Transfer Of Investment In Real Estate To Investment In Unconsolidated Entities
TransferOfInvestmentInRealEstateToInvestmentInUnconsolidatedEntities
20123000
CY2024Q1 acr Incentive Compensation Paid In Common Stock
IncentiveCompensationPaidInCommonStock
19000
CY2023Q1 acr Incentive Compensation Paid In Common Stock
IncentiveCompensationPaidInCommonStock
170000
CY2024Q1 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
643000
CY2023Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
28757000
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
18803000
CY2024Q1 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
4896000
CY2023 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
10902000
CY2024Q1 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
0
CY2023 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
948000
CY2024Q1 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
33653000
CY2023Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
28757000
CY2023 us-gaap Financing Receivable Year Five Originated Four Years Before Current Fiscal Year Writeoff
FinancingReceivableYearFiveOriginatedFourYearsBeforeCurrentFiscalYearWriteoff
948000
CY2023 us-gaap Financing Receivable Originated More Than Five Years Before Current Fiscal Year Writeoff
FinancingReceivableOriginatedMoreThanFiveYearsBeforeCurrentFiscalYearWriteoff
0
CY2023Q4 acr Financing Receivables After Deferred Income Offset Write Offs
FinancingReceivablesAfterDeferredIncomeOffsetWriteOffs
948000
CY2023Q1 us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
0
CY2024Q1 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
6
CY2024Q1 acr Assets Acquired Cost
AssetsAcquiredCost
271156000
CY2024Q1 acr Assets Acquired Accumulated Depreciation And Amortization
AssetsAcquiredAccumulatedDepreciationAndAmortization
10129000
CY2024Q1 acr Assets Acquired
AssetsAcquired
261027000
CY2023Q4 acr Assets Acquired Cost
AssetsAcquiredCost
256405000
CY2023Q4 acr Assets Acquired Accumulated Depreciation And Amortization
AssetsAcquiredAccumulatedDepreciationAndAmortization
9111000
CY2023Q4 acr Assets Acquired
AssetsAcquired
247294000
CY2024Q1 acr Liabilities Assumed Cost
LiabilitiesAssumedCost
96459000
CY2024Q1 acr Liability Assumed Accumulated Depreciation And Amortization
LiabilityAssumedAccumulatedDepreciationAndAmortization
-1619000
CY2024Q1 acr Liabilities Assumed Book Value
LiabilitiesAssumedBookValue
98078000
CY2023Q4 acr Liabilities Assumed Cost
LiabilitiesAssumedCost
87107000
CY2024Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
83000
CY2023Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
101000
CY2024Q1 acr Transfer Of Whole Loan To Investment In Real Estate
TransferOfWholeLoanToInvestmentInRealEstate
20123000
CY2024Q1 acr Transfer Of Investment In Real Estate To Investment In Unconsolidated Entities
TransferOfInvestmentInRealEstateToInvestmentInUnconsolidatedEntities
20123000
CY2024Q1 acr Incentive Compensation Paid In Common Stock
IncentiveCompensationPaidInCommonStock
19000
CY2023Q1 acr Incentive Compensation Paid In Common Stock
IncentiveCompensationPaidInCommonStock
170000
CY2024Q1 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
643000
CY2023Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
28757000
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
18803000
CY2024Q1 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
4896000
CY2023 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
10902000
CY2024Q1 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
0
CY2023 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
948000
CY2024Q1 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
33653000
CY2023Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
28757000
CY2023 us-gaap Financing Receivable Year Five Originated Four Years Before Current Fiscal Year Writeoff
FinancingReceivableYearFiveOriginatedFourYearsBeforeCurrentFiscalYearWriteoff
948000
CY2023 us-gaap Financing Receivable Originated More Than Five Years Before Current Fiscal Year Writeoff
FinancingReceivableOriginatedMoreThanFiveYearsBeforeCurrentFiscalYearWriteoff
0
CY2023Q4 acr Financing Receivables After Deferred Income Offset Write Offs
FinancingReceivablesAfterDeferredIncomeOffsetWriteOffs
948000
CY2023Q1 us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
0
CY2024Q1 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
6
CY2024Q1 acr Assets Acquired Cost
AssetsAcquiredCost
271156000
CY2024Q1 acr Assets Acquired Accumulated Depreciation And Amortization
AssetsAcquiredAccumulatedDepreciationAndAmortization
10129000
CY2024Q1 acr Assets Acquired
AssetsAcquired
261027000
CY2023Q4 acr Assets Acquired Cost
AssetsAcquiredCost
256405000
CY2023Q4 acr Assets Acquired Accumulated Depreciation And Amortization
AssetsAcquiredAccumulatedDepreciationAndAmortization
9111000
CY2023Q4 acr Assets Acquired
AssetsAcquired
247294000
CY2024Q1 acr Liabilities Assumed Cost
LiabilitiesAssumedCost
96459000
CY2024Q1 acr Liability Assumed Accumulated Depreciation And Amortization
LiabilityAssumedAccumulatedDepreciationAndAmortization
-1619000
CY2024Q1 acr Liabilities Assumed Book Value
LiabilitiesAssumedBookValue
98078000
CY2023Q4 acr Liabilities Assumed Cost
LiabilitiesAssumedCost
87107000
CY2023Q4 acr Liability Assumed Accumulated Depreciation And Amortization
LiabilityAssumedAccumulatedDepreciationAndAmortization
-1269000
CY2023Q4 acr Liabilities Assumed Book Value
LiabilitiesAssumedBookValue
88376000
CY2024Q1 acr Assets Acquired And Liabilities Assumed Cost
AssetsAcquiredAndLiabilitiesAssumedCost
174697000
CY2024Q1 acr Assets Acquired And Liabilities Assumed Net
AssetsAcquiredAndLiabilitiesAssumedNet
162949000
CY2023Q4 acr Assets Acquired And Liabilities Assumed Cost
AssetsAcquiredAndLiabilitiesAssumedCost
169298000
CY2023Q4 acr Assets Acquired And Liabilities Assumed Net
AssetsAcquiredAndLiabilitiesAssumedNet
158918000
CY2024Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
243000
CY2023Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
252000
CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
718000
CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
793000
CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
748000
CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
748000
CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
748000
CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
748000
CY2024Q1 acr Non Acquired Operating Lease Right Of Use Asset
NonAcquiredOperatingLeaseRightOfUseAsset
680000
CY2023Q4 acr Non Acquired Operating Lease Right Of Use Asset
NonAcquiredOperatingLeaseRightOfUseAsset
693000
CY2024Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
727000
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
738000
CY2024Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y6M
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y9M18D
CY2024Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.087
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.087
CY2024Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
40000
CY2023Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
75000
CY2024Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
38000
CY2023Q4 acr Liability Assumed Accumulated Depreciation And Amortization
LiabilityAssumedAccumulatedDepreciationAndAmortization
-1269000
CY2023Q4 acr Liabilities Assumed Book Value
LiabilitiesAssumedBookValue
88376000
CY2024Q1 acr Assets Acquired And Liabilities Assumed Cost
AssetsAcquiredAndLiabilitiesAssumedCost
174697000
CY2023Q4 acr Assets Acquired And Liabilities Assumed Net
AssetsAcquiredAndLiabilitiesAssumedNet
158918000
CY2024Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
243000
CY2023Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
252000
CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
718000
CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
793000
CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
748000
CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
748000
CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
748000
CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
748000
CY2024Q1 acr Non Acquired Operating Lease Right Of Use Asset
NonAcquiredOperatingLeaseRightOfUseAsset
680000
CY2023Q4 acr Non Acquired Operating Lease Right Of Use Asset
NonAcquiredOperatingLeaseRightOfUseAsset
693000
CY2024Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
727000
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
738000
CY2024Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y6M
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y9M18D
CY2024Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.087
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.087
CY2024Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
40000
CY2023Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
75000
CY2024Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
38000
CY2023Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
37000
CY2023Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
37000
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
119000
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
162000
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
166000
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
170000
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
174000
CY2024Q1 acr Lessee Operating Lease Liability Payments Due After Year Four
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFour
131000
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
922000
CY2024Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
195000
CY2024Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
727000
CY2024Q1 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
21671000
CY2023Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
1548000
CY2024Q1 acr Income Loss Dividend Income And Other Income Loss From Equity Method Investments
IncomeLossDividendIncomeAndOtherIncomeLossFromEquityMethodInvestments
37000
CY2023Q1 acr Income Loss Dividend Income And Other Income Loss From Equity Method Investments
IncomeLossDividendIncomeAndOtherIncomeLossFromEquityMethodInvestments
33000
CY2024Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1638166000
CY2024Q1 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
12667000
CY2024Q1 us-gaap Notes Payable
NotesPayable
1625499000
CY2024Q1 us-gaap Longterm Debt Weighted Average Interest Rate
LongtermDebtWeightedAverageInterestRate
0.0729
CY2024Q1 acr Debt Instrument Maturity Date Free Form
DebtInstrumentMaturityDateFreeForm
P10Y
CY2024Q1 us-gaap Collateral Already Posted Aggregate Fair Value
CollateralAlreadyPostedAggregateFairValue
1933075000
CY2023Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1690723000
CY2023Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
14523000
CY2023Q4 us-gaap Notes Payable
NotesPayable
1676200000
CY2023Q4 us-gaap Longterm Debt Weighted Average Interest Rate
LongtermDebtWeightedAverageInterestRate
0.0728
CY2023 acr Debt Instrument Maturity Date Free Form
DebtInstrumentMaturityDateFreeForm
P10Y4M24D
CY2023Q4 us-gaap Collateral Already Posted Aggregate Fair Value
CollateralAlreadyPostedAggregateFairValue
1966002000
CY2023Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.28
CY2024Q1 acr Reit Required Taxable Income Distribution Percentage
REITRequiredTaxableIncomeDistributionPercentage
0.90
CY2024Q1 acr Reit Taxable Income Distribution For Exempt Federal Income Taxes Percentage
REITTaxableIncomeDistributionForExemptFederalIncomeTaxesPercentage
1
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
119000
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
162000
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
166000
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
170000
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
174000
CY2024Q1 acr Lessee Operating Lease Liability Payments Due After Year Four
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFour
131000
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
922000
CY2024Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
195000
CY2024Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
727000
CY2024Q1 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
21671000
CY2023Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
1548000
CY2024Q1 acr Income Loss Dividend Income And Other Income Loss From Equity Method Investments
IncomeLossDividendIncomeAndOtherIncomeLossFromEquityMethodInvestments
37000
CY2023Q1 acr Income Loss Dividend Income And Other Income Loss From Equity Method Investments
IncomeLossDividendIncomeAndOtherIncomeLossFromEquityMethodInvestments
33000
CY2024Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1638166000
CY2024Q1 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
12667000
CY2024Q1 us-gaap Notes Payable
NotesPayable
1625499000
CY2024Q1 us-gaap Longterm Debt Weighted Average Interest Rate
LongtermDebtWeightedAverageInterestRate
0.0729
CY2024Q1 acr Debt Instrument Maturity Date Free Form
DebtInstrumentMaturityDateFreeForm
P10Y
CY2024Q1 us-gaap Collateral Already Posted Aggregate Fair Value
CollateralAlreadyPostedAggregateFairValue
1933075000
CY2023Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1690723000
CY2023Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
14523000
CY2023Q4 us-gaap Notes Payable
NotesPayable
1676200000
CY2023Q4 us-gaap Longterm Debt Weighted Average Interest Rate
LongtermDebtWeightedAverageInterestRate
0.0728
CY2023 acr Debt Instrument Maturity Date Free Form
DebtInstrumentMaturityDateFreeForm
P10Y4M24D
CY2023Q4 us-gaap Collateral Already Posted Aggregate Fair Value
CollateralAlreadyPostedAggregateFairValue
1966002000
CY2024Q1 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
278834000
CY2024Q1 us-gaap Securities Loaned Fair Value Of Collateral
SecuritiesLoanedFairValueOfCollateral
521172000
CY2023Q4 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
271942000
CY2023Q4 us-gaap Securities Loaned Fair Value Of Collateral
SecuritiesLoanedFairValueOfCollateral
495542000
CY2021Q3 us-gaap Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
0.0575
CY2021Q3 us-gaap Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
0.0575
CY2024Q1 us-gaap Debt Instrument Redemption Description
DebtInstrumentRedemptionDescription
100
CY2021Q3 us-gaap Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
0.0575
CY2021Q3 us-gaap Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
0.0575
CY2024Q1 us-gaap Long Term Debt
LongTermDebt
1638166000
CY2024Q1 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
73133000
CY2024Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
37399000
CY2024Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
244598000
CY2024Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
50995000
CY2024Q1 acr Long Term Debt Maturing In Year Four And After
LongTermDebtMaturingInYearFourAndAfter
1232041000
CY2024Q1 acr Common Shares Repurchased Cost
CommonSharesRepurchasedCost
2100000
CY2023Q1 acr Common Shares Repurchased Cost
CommonSharesRepurchasedCost
756000
CY2024Q1 acr Common Shares Repurchased
CommonSharesRepurchased
194827
CY2023Q1 acr Common Shares Repurchased
CommonSharesRepurchased
79744
CY2023Q1 acr Percentage Of Incentive Compensation Expense Payable In Cash
PercentageOfIncentiveCompensationExpensePayableInCash
0.50
CY2023Q1 acr Percentage Of Incentive Compensation Expense Payable In Common Stock
PercentageOfIncentiveCompensationExpensePayableInCommonStock
0.50
CY2024Q1 acr Related Party Transaction Incentive Compensation Shares Payable
RelatedPartyTransactionIncentiveCompensationSharesPayable
1911
CY2024Q1 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
278834000
CY2024Q1 us-gaap Securities Loaned Fair Value Of Collateral
SecuritiesLoanedFairValueOfCollateral
521172000
CY2023Q4 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
271942000
CY2023Q4 us-gaap Securities Loaned Fair Value Of Collateral
SecuritiesLoanedFairValueOfCollateral
495542000
CY2021Q3 us-gaap Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
0.0575
CY2021Q3 us-gaap Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
0.0575
CY2024Q1 us-gaap Debt Instrument Redemption Description
DebtInstrumentRedemptionDescription
100
CY2021Q3 us-gaap Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
0.0575
CY2021Q3 us-gaap Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
0.0575
CY2024Q1 us-gaap Long Term Debt
LongTermDebt
1638166000
CY2024Q1 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
73133000
CY2024Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
37399000
CY2024Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
244598000
CY2024Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
50995000
CY2024Q1 acr Long Term Debt Maturing In Year Four And After
LongTermDebtMaturingInYearFourAndAfter
1232041000
CY2024Q1 acr Common Shares Repurchased Cost
CommonSharesRepurchasedCost
2100000
CY2023Q1 acr Common Shares Repurchased Cost
CommonSharesRepurchasedCost
756000
CY2024Q1 acr Common Shares Repurchased
CommonSharesRepurchased
194827
CY2023Q1 acr Common Shares Repurchased
CommonSharesRepurchased
79744
CY2023Q1 acr Percentage Of Incentive Compensation Expense Payable In Cash
PercentageOfIncentiveCompensationExpensePayableInCash
0.50
CY2023Q1 acr Percentage Of Incentive Compensation Expense Payable In Common Stock
PercentageOfIncentiveCompensationExpensePayableInCommonStock
0.50
CY2024Q1 acr Related Party Transaction Incentive Compensation Shares Payable
RelatedPartyTransactionIncentiveCompensationSharesPayable
1911
CY2024Q1 acr Reit Required Taxable Income Distribution Percentage
REITRequiredTaxableIncomeDistributionPercentage
0.90
CY2024Q1 acr Reit Taxable Income Distribution For Exempt Federal Income Taxes Percentage
REITTaxableIncomeDistributionForExemptFederalIncomeTaxesPercentage
1
CY2023Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.28
CY2024Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.07
CY2023Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.28
CY2023Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.28
CY2024Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.07
CY2024Q1 acr Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Expected To Vest Remainder Of Fiscal Year
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExpectedToVestRemainderOfFiscalYear
166658
CY2024Q1 acr Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Expected To Vest Year One
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExpectedToVestYearOne
166671
CY2024Q1 acr Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Expected To Vest Year Two
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExpectedToVestYearTwo
83346
CY2024Q1 acr Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Expected To Vest Year Three
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExpectedToVestYearThree
0
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
416675
CY2024Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Share Based Awards Other Than Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions
1500000
CY2024Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P1Y9M18D
CY2024Q1 us-gaap Profit Loss
ProfitLoss
4924000
CY2023Q1 us-gaap Profit Loss
ProfitLoss
2293000
CY2024Q1 acr Comprehensive Income Loss Net Of Tax Attributable To Preferred Stockholders
ComprehensiveIncomeLossNetOfTaxAttributableToPreferredStockholders
4822000
CY2023Q1 acr Comprehensive Income Loss Net Of Tax Attributable To Preferred Stockholders
ComprehensiveIncomeLossNetOfTaxAttributableToPreferredStockholders
4855000
CY2024Q1 acr Carrying Value In Excess Of Consideration Paid For Preferred Shares
CarryingValueInExcessOfConsiderationPaidForPreferredShares
242000
CY2024Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-212000
CY2023Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-146000
CY2024Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
556000
CY2023Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-2416000
CY2024Q1 acr Weighted Average Number Of Common Shares Outstanding Basic
WeightedAverageNumberOfCommonSharesOutstandingBasic
7362135
CY2023Q1 acr Weighted Average Number Of Common Shares Outstanding Basic
WeightedAverageNumberOfCommonSharesOutstandingBasic
8108418
CY2024Q1 acr Weighted Average Number Of Warrants Outstanding
WeightedAverageNumberOfWarrantsOutstanding
391995
CY2023Q1 acr Weighted Average Number Of Warrants Outstanding
WeightedAverageNumberOfWarrantsOutstanding
391995
CY2024Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7754130
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
8500413
CY2024Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
279683
CY2023Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0
CY2024Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
8033813
CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
8500413
CY2024Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.07
CY2024Q1 acr Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Expected To Vest Remainder Of Fiscal Year
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExpectedToVestRemainderOfFiscalYear
166658
CY2024Q1 acr Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Expected To Vest Year One
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExpectedToVestYearOne
166671
CY2024Q1 acr Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Expected To Vest Year Two
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExpectedToVestYearTwo
83346
CY2024Q1 acr Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Expected To Vest Year Three
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExpectedToVestYearThree
0
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
416675
CY2024Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Share Based Awards Other Than Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions
1500000
CY2024Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P1Y9M18D
CY2024Q1 us-gaap Profit Loss
ProfitLoss
4924000
CY2023Q1 us-gaap Profit Loss
ProfitLoss
2293000
CY2024Q1 acr Comprehensive Income Loss Net Of Tax Attributable To Preferred Stockholders
ComprehensiveIncomeLossNetOfTaxAttributableToPreferredStockholders
4822000
CY2023Q1 acr Comprehensive Income Loss Net Of Tax Attributable To Preferred Stockholders
ComprehensiveIncomeLossNetOfTaxAttributableToPreferredStockholders
4855000
CY2024Q1 acr Carrying Value In Excess Of Consideration Paid For Preferred Shares
CarryingValueInExcessOfConsiderationPaidForPreferredShares
242000
CY2024Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-212000
CY2023Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-146000
CY2024Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
556000
CY2023Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-2416000
CY2024Q1 acr Weighted Average Number Of Common Shares Outstanding Basic
WeightedAverageNumberOfCommonSharesOutstandingBasic
7362135
CY2023Q1 acr Weighted Average Number Of Common Shares Outstanding Basic
WeightedAverageNumberOfCommonSharesOutstandingBasic
8108418
CY2024Q1 acr Weighted Average Number Of Warrants Outstanding
WeightedAverageNumberOfWarrantsOutstanding
391995
CY2023Q1 acr Weighted Average Number Of Warrants Outstanding
WeightedAverageNumberOfWarrantsOutstanding
391995
CY2024Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7754130
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
8500413
CY2024Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
279683
CY2023Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0
CY2024Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
8033813
CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
8500413
CY2024Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.07
CY2024Q1 us-gaap Securities Sold Under Agreements To Repurchase Gross
SecuritiesSoldUnderAgreementsToRepurchaseGross
165807000
CY2024Q1 us-gaap Securities Sold Under Agreements To Repurchase Asset
SecuritiesSoldUnderAgreementsToRepurchaseAsset
0
CY2024Q1 acr Securities Sold Under Agreements To Repurchase Amount Not Offset Against Collateral
SecuritiesSoldUnderAgreementsToRepurchaseAmountNotOffsetAgainstCollateral
165807000
CY2024Q1 us-gaap Securities Sold Under Agreements To Repurchase Collateral Right To Reclaim Cash
SecuritiesSoldUnderAgreementsToRepurchaseCollateralRightToReclaimCash
0
CY2024Q1 us-gaap Securities Sold Under Agreements To Repurchase Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
SecuritiesSoldUnderAgreementsToRepurchaseOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
0
CY2023Q4 us-gaap Securities Sold Under Agreements To Repurchase Gross
SecuritiesSoldUnderAgreementsToRepurchaseGross
168588000
CY2023Q4 us-gaap Securities Sold Under Agreements To Repurchase Asset
SecuritiesSoldUnderAgreementsToRepurchaseAsset
0
CY2023Q4 acr Securities Sold Under Agreements To Repurchase Amount Not Offset Against Collateral
SecuritiesSoldUnderAgreementsToRepurchaseAmountNotOffsetAgainstCollateral
168588000
CY2023Q4 us-gaap Securities Sold Under Agreements To Repurchase Collateral Right To Reclaim Securities
SecuritiesSoldUnderAgreementsToRepurchaseCollateralRightToReclaimSecurities
168588000
CY2023Q4 us-gaap Securities Sold Under Agreements To Repurchase Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
SecuritiesSoldUnderAgreementsToRepurchaseOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
0
CY2024Q1 us-gaap Securities Sold Under Agreements To Repurchase Fair Value Of Collateral
SecuritiesSoldUnderAgreementsToRepurchaseFairValueOfCollateral
260100000
CY2024Q1 us-gaap Securities Sold Under Agreements To Repurchase Gross
SecuritiesSoldUnderAgreementsToRepurchaseGross
165807000
CY2024Q1 us-gaap Securities Sold Under Agreements To Repurchase Asset
SecuritiesSoldUnderAgreementsToRepurchaseAsset
0
CY2024Q1 acr Securities Sold Under Agreements To Repurchase Amount Not Offset Against Collateral
SecuritiesSoldUnderAgreementsToRepurchaseAmountNotOffsetAgainstCollateral
165807000
CY2024Q1 us-gaap Securities Sold Under Agreements To Repurchase Collateral Right To Reclaim Securities
SecuritiesSoldUnderAgreementsToRepurchaseCollateralRightToReclaimSecurities
165807000
CY2024Q1 us-gaap Securities Sold Under Agreements To Repurchase Collateral Right To Reclaim Cash
SecuritiesSoldUnderAgreementsToRepurchaseCollateralRightToReclaimCash
0
CY2024Q1 us-gaap Securities Sold Under Agreements To Repurchase Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
SecuritiesSoldUnderAgreementsToRepurchaseOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
0
CY2023Q4 us-gaap Securities Sold Under Agreements To Repurchase Gross
SecuritiesSoldUnderAgreementsToRepurchaseGross
168588000
CY2023Q4 us-gaap Securities Sold Under Agreements To Repurchase Asset
SecuritiesSoldUnderAgreementsToRepurchaseAsset
0
CY2023Q4 acr Securities Sold Under Agreements To Repurchase Amount Not Offset Against Collateral
SecuritiesSoldUnderAgreementsToRepurchaseAmountNotOffsetAgainstCollateral
168588000
CY2023Q4 us-gaap Securities Sold Under Agreements To Repurchase Collateral Right To Reclaim Securities
SecuritiesSoldUnderAgreementsToRepurchaseCollateralRightToReclaimSecurities
168588000
CY2023Q4 us-gaap Securities Sold Under Agreements To Repurchase Collateral Right To Reclaim Cash
SecuritiesSoldUnderAgreementsToRepurchaseCollateralRightToReclaimCash
0
CY2023Q4 us-gaap Securities Sold Under Agreements To Repurchase Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
SecuritiesSoldUnderAgreementsToRepurchaseOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
0
CY2024Q1 us-gaap Securities Sold Under Agreements To Repurchase Fair Value Of Collateral
SecuritiesSoldUnderAgreementsToRepurchaseFairValueOfCollateral
260100000
CY2023Q4 us-gaap Securities Sold Under Agreements To Repurchase Fair Value Of Collateral
SecuritiesSoldUnderAgreementsToRepurchaseFairValueOfCollateral
254100000
CY2024Q1 us-gaap Litigation Reserve
LitigationReserve
0
CY2023Q4 us-gaap Litigation Reserve
LitigationReserve
0
CY2024Q1 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q1 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q1 acr Rule10 B51 Arr Modified Flag
Rule10B51ArrModifiedFlag
false
CY2024Q1 acr Non Rule10 B51 Arr Modified Flag
NonRule10B51ArrModifiedFlag
false
CY2024Q1 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2024Q1 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2023Q4 us-gaap Securities Sold Under Agreements To Repurchase Fair Value Of Collateral
SecuritiesSoldUnderAgreementsToRepurchaseFairValueOfCollateral
254100000
CY2024Q1 us-gaap Litigation Reserve
LitigationReserve
0
CY2023Q4 us-gaap Litigation Reserve
LitigationReserve
0
CY2024Q1 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q1 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q1 acr Rule10 B51 Arr Modified Flag
Rule10B51ArrModifiedFlag
false
CY2024Q1 acr Non Rule10 B51 Arr Modified Flag
NonRule10B51ArrModifiedFlag
false
CY2024Q1 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2024Q1 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false

Files In Submission

Name View Source Status
0000950170-24-055428-index-headers.html Edgar Link pending
0000950170-24-055428-index.html Edgar Link pending
0000950170-24-055428.txt Edgar Link pending
0000950170-24-055428-xbrl.zip Edgar Link pending
acr-20240331.htm Edgar Link pending
acr-20240331.xsd Edgar Link pending
acr-ex31_1.htm Edgar Link pending
acr-ex31_2.htm Edgar Link pending
acr-ex32_1.htm Edgar Link pending
acr-ex32_2.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
img82327870_0.jpg Edgar Link pending
img82327870_1.jpg Edgar Link pending
img82327870_2.jpg Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R100.htm Edgar Link pending
R101.htm Edgar Link pending
R102.htm Edgar Link pending
R103.htm Edgar Link pending
R104.htm Edgar Link pending
R105.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R76.htm Edgar Link pending
R77.htm Edgar Link pending
R78.htm Edgar Link pending
R79.htm Edgar Link pending
R8.htm Edgar Link pending
R80.htm Edgar Link pending
R81.htm Edgar Link pending
R82.htm Edgar Link pending
R83.htm Edgar Link pending
R84.htm Edgar Link pending
R85.htm Edgar Link pending
R86.htm Edgar Link pending
R87.htm Edgar Link pending
R88.htm Edgar Link pending
R89.htm Edgar Link pending
R9.htm Edgar Link pending
R90.htm Edgar Link pending
R91.htm Edgar Link pending
R92.htm Edgar Link pending
R93.htm Edgar Link pending
R94.htm Edgar Link pending
R95.htm Edgar Link pending
R96.htm Edgar Link pending
R97.htm Edgar Link pending
R98.htm Edgar Link pending
R99.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
acr-20240331_htm.xml Edgar Link completed