$ACR
ACRES Commercial Realty Corp. Stock $acr

$acr Overview Financials Valuation SEC Filings Company Website

2024 Q3 Form 10-Q Financial Statement

#000095017024091713 Filed on August 06, 2024

Income Statement

Concept	2024 Q3	2024 Q2
Revenue	$22.35M	$20.94M
YoY Change	-6.89%	-11.37%
Cost Of Revenue	$30.47M	$31.93M
YoY Change	-14.58%	-6.99%
Gross Profit	$20.73M	$19.32M
YoY Change	-5.32%	-11.12%
Gross Profit Margin	92.73%	92.26%
Selling, General & Admin	$15.58M	$12.65M
YoY Change	28.0%	-5.03%
% of Gross Profit	75.14%	65.49%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$1.825M	$1.812M
YoY Change	38.99%	38.11%
% of Gross Profit	8.8%	9.38%
Operating Expenses	$15.51M	$14.26M
YoY Change	7.43%	-12.42%
Operating Profit	$5.217M	$5.057M
YoY Change	-30.01%	-7.21%
Interest Expense	-$168.0K	$30.31M
YoY Change	-100.5%	-6.57%
% of Operating Profit	-3.22%	599.39%
Other Income/Expense, Net	$2.919M	$1.394M
YoY Change	2483.19%	476.03%
Pretax Income	$8.136M	$6.451M
YoY Change	7.52%	13.33%
Income Tax	$82.00K	$54.00K
% Of Pretax Income	1.01%	0.84%
Net Earnings	$8.054M	$6.397M
YoY Change	6.44%	15.1%
Net Earnings / Revenue	36.03%	30.56%
Basic Earnings Per Share	$0.37	$0.22
Diluted Earnings Per Share	$0.36	$0.21
COMMON SHARES
Basic Shares Outstanding	7.873M	7.959M
Diluted Shares Outstanding	7.946M	7.842M

Balance Sheet

Concept	2024 Q3	2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$70.07M	$89.62M
YoY Change	8.74%	56.92%
Cash & Equivalents	$70.07M	$89.62M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets	$84.02M	$102.2M
YoY Change	9.29%	46.54%
LONG-TERM ASSETS
Property, Plant & Equipment	$109.0M	$202.1M
YoY Change	-35.56%	28.39%
Goodwill
YoY Change
Intangibles	$7.152M	$7.395M
YoY Change	-11.98%	-11.71%
Long-Term Investments	$46.48M	$21.63M
YoY Change	2902.65%	1297.29%
Other Assets	$201.2M	$65.31M
YoY Change	105.18%	-14.98%
Total Long-Term Assets	$1.926B	$1.993B
YoY Change	-11.82%	-9.28%
TOTAL ASSETS
Total Short-Term Assets	$84.02M	$102.2M
Total Long-Term Assets	$1.926B	$1.993B
Total Assets	$2.010B	$2.095B
YoY Change	-11.11%	-7.56%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$16.42M	$9.438M
YoY Change	-4.87%	-39.49%
Accrued Expenses	$49.61M	$52.47M
YoY Change	-0.25%	2.55%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due	$73.11M	$73.11M
YoY Change
Total Short-Term Liabilities	$144.1M	$138.8M
YoY Change	101.85%	97.08%
LONG-TERM LIABILITIES
Long-Term Debt	$1.416B	$1.509B
YoY Change	-18.56%	-13.74%
Other Long-Term Liabilities	$3.173M	$3.123M
YoY Change	4.89%	3.24%
Total Long-Term Liabilities	$1.419B	$1.512B
YoY Change	-18.52%	-13.71%
TOTAL LIABILITIES
Total Short-Term Liabilities	$144.1M	$138.8M
Total Long-Term Liabilities	$1.419B	$1.512B
Total Liabilities	$1.563B	$1.651B
YoY Change	-13.78%	-9.43%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock	$8.000K	$8.000K
YoY Change	0.0%	-11.11%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$436.3M	$434.0M
YoY Change
Total Liabilities & Shareholders Equity	$2.010B	$2.095B
YoY Change	-11.11%	-7.56%

Cashflow Statement

Concept	2024 Q3	2024 Q2
OPERATING ACTIVITIES
Net Income	$8.054M	$6.397M
YoY Change	6.44%	15.1%
Depreciation, Depletion And Amortization	$1.825M	$1.812M
YoY Change	38.99%	38.11%
Cash From Operating Activities	$8.417M	$6.876M
YoY Change	-28.4%	-55.24%
INVESTING ACTIVITIES
Capital Expenditures	$16.34M	$11.88M
YoY Change	35.28%	84.57%
Acquisitions
YoY Change
Other Investing Activities	$88.30M	$59.67M
YoY Change	94.56%	489.88%
Cash From Investing Activities	$71.95M	$47.79M
YoY Change	116.06%	1198.32%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-100.9M	-51.71M
YoY Change	490.04%	-23.88%
NET CHANGE
Cash From Operating Activities	8.417M	6.876M
Cash From Investing Activities	71.95M	47.79M
Cash From Financing Activities	-100.9M	-51.71M
Net Change In Cash	-20.56M	2.958M
YoY Change	-173.55%	-106.05%
FREE CASH FLOW
Cash From Operating Activities	$8.417M	$6.876M
Capital Expenditures	$16.34M	$11.88M
Free Cash Flow	-$7.928M	-$4.999M
YoY Change	2324.46%	-155.99%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value
	dei	Entity Central Index Key EntityCentralIndexKey	0001332551
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Amendment Flag AmendmentFlag	false
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q2
CY2024Q2	us-gaap	Other Receivable After Allowance For Credit Loss Related Party Type Extensible Enumeration OtherReceivableAfterAllowanceForCreditLossRelatedPartyTypeExtensibleEnumeration	http://fasb.org/us-gaap/2024#RelatedPartyMember
CY2023Q4	us-gaap	Other Receivable After Allowance For Credit Loss Related Party Type Extensible Enumeration OtherReceivableAfterAllowanceForCreditLossRelatedPartyTypeExtensibleEnumeration	http://fasb.org/us-gaap/2024#RelatedPartyMember
CY2024Q2	us-gaap	Other Liability Related Party Type Extensible Enumeration OtherLiabilityRelatedPartyTypeExtensibleEnumeration	http://fasb.org/us-gaap/2024#RelatedPartyMember
CY2023Q4	us-gaap	Other Liability Related Party Type Extensible Enumeration OtherLiabilityRelatedPartyTypeExtensibleEnumeration	http://fasb.org/us-gaap/2024#RelatedPartyMember
CY2024Q2	us-gaap	Operating Lease Liability Statement Of Financial Position Extensible List OperatingLeaseLiabilityStatementOfFinancialPositionExtensibleList	http://www.acrescommercialrealtycorp.com/20240630#LeaseLiabilities
CY2023Q4	us-gaap	Operating Lease Liability Statement Of Financial Position Extensible List OperatingLeaseLiabilityStatementOfFinancialPositionExtensibleList	http://www.acrescommercialrealtycorp.com/20240630#LeaseLiabilities
CY2024Q2	us-gaap	Operating Lease Liability Statement Of Financial Position Extensible List OperatingLeaseLiabilityStatementOfFinancialPositionExtensibleList	http://www.acrescommercialrealtycorp.com/20240630#LeaseLiabilities
CY2024Q2	us-gaap	Operating Lease Liability Statement Of Financial Position Extensible List OperatingLeaseLiabilityStatementOfFinancialPositionExtensibleList	http://www.acrescommercialrealtycorp.com/20240630#LeaseLiabilities
	dei	Document Type DocumentType	10-Q
	dei	Document Quarterly Report DocumentQuarterlyReport	true
	dei	Document Period End Date DocumentPeriodEndDate	2024-06-30
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2024
	dei	Document Transition Report DocumentTransitionReport	false
	dei	Entity File Number EntityFileNumber	1-32733
	dei	Entity Registrant Name EntityRegistrantName	ACRES COMMERCIAL REALTY CORP.
	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	MD
	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	20-2287134
	dei	Entity Address Address Line1 EntityAddressAddressLine1	390 RXR Plaza
	dei	Entity Address City Or Town EntityAddressCityOrTown	Uniondale
	dei	Entity Address State Or Province EntityAddressStateOrProvince	NY
	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	11556
	dei	City Area Code CityAreaCode	516
	dei	Local Phone Number LocalPhoneNumber	535-0015
	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
	dei	Entity Filer Category EntityFilerCategory	Accelerated Filer
	dei	Entity Small Business EntitySmallBusiness	true
	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
	dei	Entity Shell Company EntityShellCompany	false
CY2024Q3	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	7873232
CY2024Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	89622000
CY2023Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	83449000
CY2024Q2	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	1971000
CY2023Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	8437000
CY2024Q2	us-gaap	Interest Receivable InterestReceivable	12555000
CY2023Q4	us-gaap	Interest Receivable InterestReceivable	11783000
CY2024Q2	us-gaap	Notes Receivable Gross NotesReceivableGross	1713711000
CY2023Q4	us-gaap	Notes Receivable Gross NotesReceivableGross	1857093000
CY2024Q2	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	34990000
CY2023Q4	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	28757000
CY2024Q2	us-gaap	Notes Receivable Net NotesReceivableNet	1678721000
CY2023Q4	us-gaap	Notes Receivable Net NotesReceivableNet	1828336000
CY2024Q2	acr	Principal Paydowns Receivable PrincipalPaydownsReceivable	2500000
CY2023Q4	acr	Principal Paydowns Receivable PrincipalPaydownsReceivable	0
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CY2023Q4	us-gaap	Other Receivables OtherReceivables	10975000
CY2024Q2	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	21630000
CY2023Q4	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	1548000
CY2024Q2	us-gaap	Real Estate Heldforsale RealEstateHeldforsale	63341000
CY2023Q4	us-gaap	Real Estate Heldforsale RealEstateHeldforsale	62605000
CY2024Q2	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	182403000
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CY2024Q2	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	19706000
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CY2024Q2	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	7395000
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CY2024Q2	us-gaap	Assets Assets	2095242000
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CY2024Q2	us-gaap	Accounts Payable And Other Accrued Liabilities AccountsPayableAndOtherAccruedLiabilities	9438000
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CY2023Q4	us-gaap	Other Liabilities OtherLiabilities	584000
CY2024Q2	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	7881000
CY2023Q4	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	8459000
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CY2023Q4	us-gaap	Debt And Capital Lease Obligations DebtAndCapitalLeaseObligations	1676200000
CY2024Q2	acr	Lease Liabilities LeaseLiabilities	44592000
CY2023Q4	acr	Lease Liabilities LeaseLiabilities	44276000
CY2024Q2	us-gaap	Dividends Payable Current DividendsPayableCurrent	3229000
CY2023Q4	us-gaap	Dividends Payable Current DividendsPayableCurrent	3262000
CY2024Q2	us-gaap	Taxes Payable Current And Noncurrent TaxesPayableCurrentAndNoncurrent	16000
CY2023Q4	us-gaap	Taxes Payable Current And Noncurrent TaxesPayableCurrentAndNoncurrent	121000
CY2024Q2	us-gaap	Liabilities Of Disposal Group Including Discontinued Operation LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation	3123000
CY2023Q4	us-gaap	Liabilities Of Disposal Group Including Discontinued Operation LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation	3025000
CY2024Q2	us-gaap	Liabilities Liabilities	1650850000
CY2023Q4	us-gaap	Liabilities Liabilities	1749890000
CY2024Q2	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
CY2024Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	41666666
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CY2024Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	7903175
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CY2023Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	7878216
CY2024Q2	acr	Common Stock Restricted Shares CommonStockRestrictedShares	574538
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CY2024Q2	us-gaap	Common Stock Value CommonStockValue	8000
CY2023Q4	us-gaap	Common Stock Value CommonStockValue	8000
CY2024Q2	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	1165176000
CY2023Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	1169970000
CY2024Q2	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-4006000
CY2023Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-4801000
CY2024Q2	us-gaap	Accumulated Distributions In Excess Of Net Income AccumulatedDistributionsInExcessOfNetIncome	727182000
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CY2024Q2	us-gaap	Stockholders Equity StockholdersEquity	434006000
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CY2024Q2	us-gaap	Minority Interest MinorityInterest	10386000
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CY2024Q2	us-gaap	Interest And Dividend Income Operating InterestAndDividendIncomeOperating	41066000
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	us-gaap	Interest And Dividend Income Operating InterestAndDividendIncomeOperating	83677000
	us-gaap	Interest And Dividend Income Operating InterestAndDividendIncomeOperating	92477000
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	us-gaap	Interest Expense InterestExpense	61562000
	us-gaap	Interest Expense InterestExpense	63817000
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CY2023Q2	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	14706000
	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	22115000
	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	28660000
CY2024Q2	acr	Gross Profit Loss From Real Estate Operations GrossProfitLossFromRealEstateOperations	10143000
CY2023Q2	acr	Gross Profit Loss From Real Estate Operations GrossProfitLossFromRealEstateOperations	8879000
	acr	Gross Profit Loss From Real Estate Operations GrossProfitLossFromRealEstateOperations	17514000
	acr	Gross Profit Loss From Real Estate Operations GrossProfitLossFromRealEstateOperations	15950000
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CY2023Q2	acr	Income Loss Dividend Income And Other Income Loss From Equity Method Investments IncomeLossDividendIncomeAndOtherIncomeLossFromEquityMethodInvestments	37000
	acr	Income Loss Dividend Income And Other Income Loss From Equity Method Investments IncomeLossDividendIncomeAndOtherIncomeLossFromEquityMethodInvestments	75000
	acr	Income Loss Dividend Income And Other Income Loss From Equity Method Investments IncomeLossDividendIncomeAndOtherIncomeLossFromEquityMethodInvestments	70000
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	us-gaap	Revenues Revenues	44680000
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	acr	Real Estate Expenses RealEstateExpenses	19352000
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	us-gaap	Costs And Expenses CostsAndExpenses	35673000
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CY2024Q2	acr	Gains Losses On Conversion Of Investment Real Estate GainsLossesOnConversionOfInvestmentRealEstate	0
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	acr	Gains Losses On Conversion Of Investment Real Estate GainsLossesOnConversionOfInvestmentRealEstate	5835000
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	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	0
	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	745000
CY2024Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	1435000
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	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	1550000
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	352000
CY2024Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	1394000
CY2023Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	242000
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	7344000
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	1097000
CY2024Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	6451000
CY2023Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	5692000
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	11375000
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	7980000
CY2024Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	54000
CY2023Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	134000
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	54000
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	129000
CY2024Q2	us-gaap	Profit Loss ProfitLoss	6397000
CY2023Q2	us-gaap	Profit Loss ProfitLoss	5558000
	us-gaap	Profit Loss ProfitLoss	11321000
	us-gaap	Profit Loss ProfitLoss	7851000
CY2024Q2	acr	Comprehensive Income Loss Net Of Tax Attributable To Preferred Stockholders ComprehensiveIncomeLossNetOfTaxAttributableToPreferredStockholders	4806000
CY2023Q2	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	9628000
	acr	Comprehensive Income Loss Net Of Tax Attributable To Preferred Stockholders ComprehensiveIncomeLossNetOfTaxAttributableToPreferredStockholders	9711000
CY2024Q2	acr	Carrying Value In Excess Of Consideration Paid For Preferred Shares CarryingValueInExcessOfConsiderationPaidForPreferredShares	0
CY2023Q2	acr	Carrying Value In Excess Of Consideration Paid For Preferred Shares CarryingValueInExcessOfConsiderationPaidForPreferredShares	0
	acr	Carrying Value In Excess Of Consideration Paid For Preferred Shares CarryingValueInExcessOfConsiderationPaidForPreferredShares	242000
	acr	Carrying Value In Excess Of Consideration Paid For Preferred Shares CarryingValueInExcessOfConsiderationPaidForPreferredShares	0
CY2024Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-62000
CY2023Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-115000
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-274000
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-261000
CY2024Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	1653000
CY2023Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	817000
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	2209000
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-1599000
CY2024Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.22
CY2023Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.1
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.29
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.19
CY2024Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.21
CY2023Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.1
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.28
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.19
CY2024Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	7664077
CY2023Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	8451973
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	7709104
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	8476059
CY2024Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	7841753
CY2023Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	8534558
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	7937784
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	8476059
CY2024Q2	us-gaap	Profit Loss ProfitLoss	6397000
CY2023Q2	us-gaap	Profit Loss ProfitLoss	5558000
	us-gaap	Profit Loss ProfitLoss	11321000
	us-gaap	Profit Loss ProfitLoss	7851000
CY2024Q2	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax	-398000
CY2023Q2	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax	-397000
	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax	-795000
	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax	-790000
CY2024Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	398000
CY2023Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	397000
	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	795000
	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	790000
CY2024Q2	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	6795000
CY2023Q2	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	5955000
	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	12116000
	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	8641000
CY2024Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest	-62000
CY2023Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest	-115000
	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest	-274000
	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest	-261000
CY2024Q2	acr	Carrying Value In Excess Of Consideration Paid For Preferred Shares CarryingValueInExcessOfConsiderationPaidForPreferredShares	0
CY2023Q2	acr	Carrying Value In Excess Of Consideration Paid For Preferred Shares CarryingValueInExcessOfConsiderationPaidForPreferredShares	0
	acr	Carrying Value In Excess Of Consideration Paid For Preferred Shares CarryingValueInExcessOfConsiderationPaidForPreferredShares	242000
	acr	Carrying Value In Excess Of Consideration Paid For Preferred Shares CarryingValueInExcessOfConsiderationPaidForPreferredShares	0
CY2024Q2	acr	Comprehensive Income Loss Net Of Tax Attributable To Preferred Stockholders ComprehensiveIncomeLossNetOfTaxAttributableToPreferredStockholders	4806000
CY2023Q2	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	9628000
	acr	Comprehensive Income Loss Net Of Tax Attributable To Preferred Stockholders ComprehensiveIncomeLossNetOfTaxAttributableToPreferredStockholders	9711000
CY2024Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	2051000
CY2023Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	1214000
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	3004000
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-809000
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
CY2024Q2	us-gaap	Stock Repurchased And Retired During Period Value StockRepurchasedAndRetiredDuringPeriodValue	1555000
CY2024Q2	us-gaap	Adjustments To Additional Paid In Capital Stock Issued Issuance Costs AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts	82000
CY2024Q2	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	814000
CY2024Q2	us-gaap	Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest	61000
CY2024Q2	us-gaap	Profit Loss ProfitLoss	6397000
CY2024Q2	acr	Distributions And Accrual Of Cumulative Preferred Stock Dividends DistributionsAndAccrualOfCumulativePreferredStockDividends	4806000
CY2024Q2	acr	Amortization Of Terminated Derivatives AmortizationOfTerminatedDerivatives	398000
CY2024Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	444392000
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
CY2023Q2	us-gaap	Stock Repurchased And Retired During Period Value StockRepurchasedAndRetiredDuringPeriodValue	1200000
CY2023Q2	acr	Stock Issued During Period Value Share Based Compensation Adjustment To Additional Paid In Capital StockIssuedDuringPeriodValueShareBasedCompensationAdjustmentToAdditionalPaidInCapital	65000
CY2023Q2	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	719000
CY2023Q2	us-gaap	Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest	1533000
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
	us-gaap	Profit Loss ProfitLoss	11321000
	us-gaap	Profit Loss ProfitLoss	7851000
	us-gaap	Provision For Loan Lease And Other Losses ProvisionForLoanLeaseAndOtherLosses	6233000
	us-gaap	Provision For Loan Lease And Other Losses ProvisionForLoanLeaseAndOtherLosses	7796000
	us-gaap	Depreciation Amortization And Accretion Net DepreciationAmortizationAndAccretionNet	3375000
	us-gaap	Depreciation Amortization And Accretion Net DepreciationAmortizationAndAccretionNet	2683000
	acr	Share Based Compensation Nonemployee And Directors ShareBasedCompensationNonemployeeAndDirectors	1291000
	acr	Share Based Compensation Nonemployee And Directors ShareBasedCompensationNonemployeeAndDirectors	1613000
	acr	Gains Losses On Conversion Of Investment Real Estate GainsLossesOnConversionOfInvestmentRealEstate	5835000
	acr	Gains Losses On Conversion Of Investment Real Estate GainsLossesOnConversionOfInvestmentRealEstate	0
	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	0
	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	745000
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	-41000
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	0
	us-gaap	Increase Decrease In Operating Capital IncreaseDecreaseInOperatingCapital	6215000
	us-gaap	Increase Decrease In Operating Capital IncreaseDecreaseInOperatingCapital	-5270000
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	10211000
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	24468000
	acr	Principal Fundings Of Cre Loans PrincipalFundingsOfCreLoans	20556000
	acr	Principal Fundings Of Cre Loans PrincipalFundingsOfCreLoans	66885000
	us-gaap	Proceeds From Collection Of Loans Receivable ProceedsFromCollectionOfLoansReceivable	149511000
	us-gaap	Proceeds From Collection Of Loans Receivable ProceedsFromCollectionOfLoansReceivable	141430000
	us-gaap	Payments For Proceeds From Real Estate Heldforinvestment PaymentsForProceedsFromRealEstateHeldforinvestment	26418000
	us-gaap	Payments For Proceeds From Real Estate Heldforinvestment PaymentsForProceedsFromRealEstateHeldforinvestment	15352000
	us-gaap	Proceeds From Sale Of Other Real Estate ProceedsFromSaleOfOtherRealEstate	0
	us-gaap	Proceeds From Sale Of Other Real Estate ProceedsFromSaleOfOtherRealEstate	14309000
	us-gaap	Proceeds From Collection Of Longterm Loans To Related Parties ProceedsFromCollectionOfLongtermLoansToRelatedParties	125000
	us-gaap	Proceeds From Collection Of Longterm Loans To Related Parties ProceedsFromCollectionOfLongtermLoansToRelatedParties	150000
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	102662000
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	73652000
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	-82000
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	0
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	3623000
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	1956000
	us-gaap	Payments For Repurchase Of Preferred Stock And Preference Stock PaymentsForRepurchaseOfPreferredStockAndPreferenceStock	2157000
	us-gaap	Payments For Repurchase Of Preferred Stock And Preference Stock PaymentsForRepurchaseOfPreferredStockAndPreferenceStock	0
	acr	Proceeds From Warehouse Financing Facilities And Repurchase Agreements ProceedsFromWarehouseFinancingFacilitiesAndRepurchaseAgreements	19168000
	acr	Proceeds From Warehouse Financing Facilities And Repurchase Agreements ProceedsFromWarehouseFinancingFacilitiesAndRepurchaseAgreements	11888000
	acr	Proceeds From Mortgage Payable ProceedsFromMortgagePayable	21499000
	acr	Proceeds From Mortgage Payable ProceedsFromMortgagePayable	144000
	acr	Payments Of Commercial Real Estate Notes Payable PaymentsOfCommercialRealEstateNotesPayable	112215000
	acr	Payments Of Commercial Real Estate Notes Payable PaymentsOfCommercialRealEstateNotesPayable	851000
	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	1397000
	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	40554000
	acr	Repayments Of Warehouse Financing Facilities And Repurchase Agreements RepaymentsOfWarehouseFinancingFacilitiesAndRepurchaseAgreements	24938000
	acr	Repayments Of Warehouse Financing Facilities And Repurchase Agreements RepaymentsOfWarehouseFinancingFacilitiesAndRepurchaseAgreements	89606000
	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	0
	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	3787000
	us-gaap	Proceeds From Minority Shareholders ProceedsFromMinorityShareholders	241000
	us-gaap	Proceeds From Minority Shareholders ProceedsFromMinorityShareholders	3865000
	us-gaap	Payments Of Dividends Preferred Stock And Preference Stock PaymentsOfDividendsPreferredStockAndPreferenceStock	9662000
	us-gaap	Payments Of Dividends Preferred Stock And Preference Stock PaymentsOfDividendsPreferredStockAndPreferenceStock	9711000
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-113166000
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-130568000
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-293000
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-32448000
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	104811000
CY2024Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	91593000
CY2023Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	72363000
	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>
CY2024Q2	acr	Cash Balance In Excess Of Federal Deposit Insurance Limit Amount CashBalanceInExcessOfFederalDepositInsuranceLimitAmount	86700000
CY2023Q4	acr	Cash Balance In Excess Of Federal Deposit Insurance Limit Amount CashBalanceInExcessOfFederalDepositInsuranceLimitAmount	81100000
CY2024Q2	acr	Insurance Limit Per Respective Depository Brokerage Institution InsuranceLimitPerRespectiveDepositoryBrokerageInstitution	250000
CY2024Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	89622000
CY2023Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	57112000
CY2024Q2	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	1971000
CY2023Q2	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	15251000
CY2024Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	91593000
CY2023Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	72363000
	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
CY2024Q2	acr	Operating Loss Carryforwards Valuation Allowance Tax Expense Impact OperatingLossCarryforwardsValuationAllowanceTaxExpenseImpact	21500000
	us-gaap	Interest Paid Net InterestPaidNet	58131000
	us-gaap	Interest Paid Net InterestPaidNet	60035000
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	83000
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	101000
	acr	Transfer Of Whole Loan To Investment In Real Estate TransferOfWholeLoanToInvestmentInRealEstate	20123000
	acr	Transfer Of Whole Loan To Investment In Real Estate TransferOfWholeLoanToInvestmentInRealEstate	20900000
	acr	Transfer Of Investment In Real Estate To Investment In Unconsolidated Entities TransferOfInvestmentInRealEstateToInvestmentInUnconsolidatedEntities	20123000
	acr	Transfer Of Investment In Real Estate To Investment In Unconsolidated Entities TransferOfInvestmentInRealEstateToInvestmentInUnconsolidatedEntities	20900000
	acr	Incentive Compensation Paid In Common Stock IncentiveCompensationPaidInCommonStock	19000
	acr	Incentive Compensation Paid In Common Stock IncentiveCompensationPaidInCommonStock	234000
	acr	Capitalized Amortization Of Deferred Debt Issuance Costs CapitalizedAmortizationOfDeferredDebtIssuanceCosts	614000
	us-gaap	Interest Costs Capitalized InterestCostsCapitalized	964000
CY2023Q4	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	28757000
CY2022Q4	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	18803000
	us-gaap	Provision For Loan Lease And Other Losses ProvisionForLoanLeaseAndOtherLosses	6233000
CY2023	us-gaap	Provision For Loan Lease And Other Losses ProvisionForLoanLeaseAndOtherLosses	10902000
	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
CY2024Q2	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	34990000
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
	acr	Financing Receivable Number Of Modifications Contracts FinancingReceivableNumberOfModificationsContracts	0
CY2024Q2	us-gaap	Number Of Real Estate Properties NumberOfRealEstateProperties	6
CY2024Q2	acr	Assets Acquired Cost AssetsAcquiredCost	283287000
CY2024Q2	acr	Assets Acquired Accumulated Depreciation And Amortization AssetsAcquiredAccumulatedDepreciationAndAmortization	11148000
CY2024Q2	acr	Assets Acquired AssetsAcquired	272139000
CY2023Q4	acr	Assets Acquired Cost AssetsAcquiredCost	256405000
CY2023Q4	acr	Assets Acquired Accumulated Depreciation And Amortization AssetsAcquiredAccumulatedDepreciationAndAmortization	9111000
CY2023Q4	acr	Assets Acquired AssetsAcquired	247294000
CY2024Q2	acr	Liabilities Assumed Cost LiabilitiesAssumedCost	109055000
CY2024Q2	acr	Liability Assumed Accumulated Depreciation And Amortization LiabilityAssumedAccumulatedDepreciationAndAmortization	-1968000
CY2024Q2	acr	Liabilities Assumed Book Value LiabilitiesAssumedBookValue	111023000
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
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$ACR
ACRES Commercial Realty Corp. Stock $acr

2024 Q3 Form 10-Q Financial Statement

#000095017024091713 Filed on August 06, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$ACR ACRES Commercial Realty Corp. Stock $acr

2024 Q3 Form 10-Q Financial Statement

#000095017024091713 Filed on August 06, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$ACR
ACRES Commercial Realty Corp. Stock $acr