$ACR
ACRES Commercial Realty Corp.

2022 Q4 Form 10-Q Financial Statement

#000156459022036875 Filed on November 07, 2022

View on sec.gov

Income Statement

Concept 2022 Q4 2022 Q3
Revenue $42.51M $20.94M
YoY Change 60.41% 73.08%
Cost Of Revenue $30.75M $24.61M
YoY Change 88.63% 51.58%
Gross Profit $21.23M $19.27M
YoY Change 54.27% 85.33%
Gross Profit Margin 49.93% 92.03%
Selling, General & Admin $13.07M $12.92M
YoY Change 74.09% 133.45%
% of Gross Profit 61.55% 67.08%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $400.0K $1.727M
YoY Change -80.44% -43.43%
% of Gross Profit 1.88% 8.96%
Operating Expenses $24.32M $15.78M
YoY Change 1165.56% 147.0%
Operating Profit -$3.095M $3.486M
YoY Change -126.14% -13.0%
Interest Expense $28.73M $22.94M
YoY Change 96.6% 57.83%
% of Operating Profit 658.03%
Other Income/Expense, Net $485.0K $2.000M
YoY Change 53.0% -122.38%
Pretax Income -$2.610M $5.486M
YoY Change -121.47% -211.32%
Income Tax $56.00K $0.00
% Of Pretax Income 0.0%
Net Earnings -$2.666M $5.486M
YoY Change -121.93% -211.32%
Net Earnings / Revenue -6.27% 26.2%
Basic Earnings Per Share -$0.87 $0.08
Diluted Earnings Per Share -$0.87 $0.08
COMMON SHARES
Basic Shares Outstanding 8.759M 8.935M
Diluted Shares Outstanding 8.759M

Balance Sheet

Concept 2022 Q4 2022 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $66.23M $60.97M
YoY Change 86.57% -44.55%
Cash & Equivalents $66.23M $60.97M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $78.20M $70.60M
YoY Change 87.93% -39.47%
LONG-TERM ASSETS
Property, Plant & Equipment $141.2M $135.1M
YoY Change 116.44% 248.34%
Goodwill
YoY Change
Intangibles $8.880M $9.131M
YoY Change 129.04% 200.26%
Long-Term Investments $1.548M $1.548M
YoY Change -90.59% -94.17%
Other Assets $92.35M $69.24M
YoY Change -65.32% 113.65%
Total Long-Term Assets $2.298B $2.356B
YoY Change 2.49% 21.11%
TOTAL ASSETS
Total Short-Term Assets $78.20M $70.60M
Total Long-Term Assets $2.298B $2.356B
Total Assets $2.377B $2.426B
YoY Change 4.04% 17.69%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $10.39M $10.45M
YoY Change 47.91% 162.08%
Accrued Expenses $50.62M $47.05M
YoY Change 434.26% 673.7%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $65.28M $61.42M
YoY Change 221.21% 324.85%
LONG-TERM LIABILITIES
Long-Term Debt $1.867B $1.914B
YoY Change 2.9% 19.46%
Other Long-Term Liabilities $3.025M $3.025M
YoY Change 126.93% 112.73%
Total Long-Term Liabilities $1.870B $1.917B
YoY Change 2.99% 19.54%
TOTAL LIABILITIES
Total Short-Term Liabilities $65.28M $61.42M
Total Long-Term Liabilities $1.870B $1.917B
Total Liabilities $1.935B $1.979B
YoY Change 5.41% 22.27%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $9.000K $9.000K
YoY Change 0.0% -100.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $435.5M $442.5M
YoY Change
Total Liabilities & Shareholders Equity $2.377B $2.426B
YoY Change 4.04% 17.69%

Cashflow Statement

Concept 2022 Q4 2022 Q3
OPERATING ACTIVITIES
Net Income -$2.666M $5.486M
YoY Change -121.93% -211.32%
Depreciation, Depletion And Amortization $400.0K $1.727M
YoY Change -80.44% -43.43%
Cash From Operating Activities $13.70M $5.285M
YoY Change -9.29% 185.68%
INVESTING ACTIVITIES
Capital Expenditures $6.927M -$3.264M
YoY Change 5923.48% 4700.0%
Acquisitions
YoY Change
Other Investing Activities $74.88M -$49.32M
YoY Change -200.92% -76.44%
Cash From Investing Activities $67.95M -$52.58M
YoY Change -191.72% -74.89%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -53.79M 64.01M
YoY Change -126.82% -73.78%
NET CHANGE
Cash From Operating Activities 13.70M 5.285M
Cash From Investing Activities 67.95M -52.58M
Cash From Financing Activities -53.79M 64.01M
Net Change In Cash 27.86M 16.71M
YoY Change -80.32% -54.27%
FREE CASH FLOW
Cash From Operating Activities $13.70M $5.285M
Capital Expenditures $6.927M -$3.264M
Free Cash Flow $6.768M $8.549M
YoY Change -54.83% 345.72%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
20-2287134
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2021Q4 acr Lease Liabilities
LeaseLiabilities
3537000
acr Gross Profit Loss From Real Estate Operations
GrossProfitLossFromRealEstateOperations
7013000
acr Income Loss Dividend Income And Other Income Loss From Equity Method Investments
IncomeLossDividendIncomeAndOtherIncomeLossFromEquityMethodInvestments
60000
CY2022Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
2128000
CY2021Q3 acr Real Estate Expenses
RealEstateExpenses
2401000
acr Real Estate Expenses
RealEstateExpenses
6713000
CY2022Q3 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
2620000
us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
-15447000
CY2021Q3 us-gaap Costs And Expenses
CostsAndExpenses
8089000
us-gaap Costs And Expenses
CostsAndExpenses
5240000
CY2022Q3 acr Revenues Less Operating Expense
RevenuesLessOperatingExpense
3486000
acr Revenues Less Operating Expense
RevenuesLessOperatingExpense
10859000
us-gaap Debt Securities Gain Loss
DebtSecuritiesGainLoss
878000
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Type
DocumentType
10-Q
dei Document Period End Date
DocumentPeriodEndDate
2022-09-30
dei Entity File Number
EntityFileNumber
1-32733
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2022
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
MD
dei Entity Small Business
EntitySmallBusiness
true
CY2022Q3 us-gaap Notes Receivable Gross
NotesReceivableGross
2130645000
CY2022Q3 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
7850000
CY2022Q3 us-gaap Notes Receivable Net
NotesReceivableNet
2122795000
CY2021Q4 us-gaap Due From Related Parties
DueFromRelatedParties
11575000
CY2022Q3 us-gaap Real Estate Heldforsale
RealEstateHeldforsale
53257000
CY2021Q4 us-gaap Real Estate Heldforsale
RealEstateHeldforsale
17846000
CY2022Q3 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
115161000
CY2022Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
19934000
CY2022Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
9131000
acr Interest And Fee Income Loans Held In Portfolio
InterestAndFeeIncomeLoansHeldInPortfolio
74294000
acr Management Fees Related Party
ManagementFeesRelatedParty
5023000
acr Management Fees Related Party
ManagementFeesRelatedParty
4405000
acr Equity Compensation Related Party
EquityCompensationRelatedParty
2648000
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 Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
35500000
CY2022Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
15979000
CY2021Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
248431000
CY2022Q3 us-gaap Interest Receivable
InterestReceivable
9625000
CY2021Q4 us-gaap Interest Receivable
InterestReceivable
6112000
CY2021Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
1882551000
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
8805000
CY2021Q4 us-gaap Notes Receivable Net
NotesReceivableNet
1873746000
CY2022Q3 us-gaap Due From Related Parties
DueFromRelatedParties
11350000
CY2022Q3 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
1548000
CY2021Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
1548000
CY2021Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
59308000
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
5951000
CY2021Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
3877000
CY2022Q3 us-gaap Other Assets
OtherAssets
6635000
CY2021Q4 us-gaap Other Assets
OtherAssets
5482000
CY2022Q3 us-gaap Assets
Assets
2426386000
CY2021Q4 us-gaap Assets
Assets
2284275000
CY2022Q3 us-gaap Accounts Payable And Other Accrued Liabilities
AccountsPayableAndOtherAccruedLiabilities
10449000
CY2021Q4 us-gaap Accounts Payable And Other Accrued Liabilities
AccountsPayableAndOtherAccruedLiabilities
7025000
CY2022Q3 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
556000
CY2021Q4 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
561000
CY2022Q3 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
3609000
CY2021Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
5937000
CY2022Q3 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
1914461000
CY2021Q4 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
1814424000
CY2021Q4 us-gaap Dividends Payable Current
DividendsPayableCurrent
3262000
CY2022Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-6795000
CY2022Q3 us-gaap Accumulated Distributions In Excess Of Net Income
AccumulatedDistributionsInExcessOfNetIncome
724928000
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
442549000
CY2021Q3 acr Income Loss Dividend Income And Other Income Loss From Equity Method Investments
IncomeLossDividendIncomeAndOtherIncomeLossFromEquityMethodInvestments
17000
us-gaap Revenues
Revenues
51929000
us-gaap Revenues
Revenues
34630000
CY2021Q4 us-gaap Taxes Payable Current And Noncurrent
TaxesPayableCurrentAndNoncurrent
1000
CY2021Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
1333000
CY2021Q4 us-gaap Liabilities
Liabilities
1836080000
CY2022Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
415000
CY2021Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
466000
CY2022Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
5901000
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
1384000
CY2022Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
41666666
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
1332000
CY2021Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-4462000
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
14424000
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
23151000
CY2022Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
8806369
CY2022Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
8806369
CY2022Q3 acr Common Stock Restricted Shares
CommonStockRestrictedShares
583333
CY2022Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2426386000
acr Interest And Fee Income Loans Held In Portfolio
InterestAndFeeIncomeLoansHeldInPortfolio
83477000
us-gaap Interest And Dividend Income Securities
InterestAndDividendIncomeSecurities
161000
us-gaap Other Interest And Dividend Income
OtherInterestAndDividendIncome
73000
acr Income Loss Dividend Income And Other Income Loss From Equity Method Investments
IncomeLossDividendIncomeAndOtherIncomeLossFromEquityMethodInvestments
49000
CY2022Q3 acr Equity Compensation Related Party
EquityCompensationRelatedParty
913000
CY2021Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-8127000
CY2021Q4 us-gaap Accumulated Distributions In Excess Of Net Income
AccumulatedDistributionsInExcessOfNetIncome
723560000
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
448195000
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.09
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
9836603
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
12118000
CY2022Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
447326000
dei Entity Central Index Key
EntityCentralIndexKey
0001332551
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Amendment Flag
AmendmentFlag
false
CY2021Q1 us-gaap Stockholders Equity Note Stock Split Conversion Ratio1
StockholdersEquityNoteStockSplitConversionRatio1
0.333
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
P4Y
CY2021Q1 us-gaap Stockholders Equity Note Stock Split Conversion Ratio1
StockholdersEquityNoteStockSplitConversionRatio1
0.333
acr Investment In Real Estate Building Useful Life
InvestmentInRealEstateBuildingUsefulLife
P35Y
acr Investment In Real Estate Building Improvements Useful Life
InvestmentInRealEstateBuildingImprovementsUsefulLife
P8Y
CY2021Q3 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
23986000
acr Investment In Real Estate Fixtures Useful Life
InvestmentInRealEstateFixturesUsefulLife
P3Y
acr Investment In Real Estate Right Of Use Asset Useful Life
InvestmentInRealEstateRightOfUseAssetUsefulLife
P7Y
us-gaap Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
P90D
acr Lease Liabilities Estimated Useful Lives
LeaseLiabilitiesEstimatedUsefulLives
P7Y
CY2022Q3 us-gaap Minority Interest
MinorityInterest
4930000
CY2022Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
447479000
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
448195000
CY2021Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2284275000
CY2022Q3 acr Interest And Fee Income Loans Held In Portfolio
InterestAndFeeIncomeLoansHeldInPortfolio
33856000
CY2021Q3 acr Interest And Fee Income Loans Held In Portfolio
InterestAndFeeIncomeLoansHeldInPortfolio
23946000
CY2022Q3 us-gaap Other Interest And Dividend Income
OtherInterestAndDividendIncome
209000
CY2021Q3 us-gaap Other Interest And Dividend Income
OtherInterestAndDividendIncome
40000
us-gaap Other Interest And Dividend Income
OtherInterestAndDividendIncome
283000
CY2022Q3 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
34065000
CY2022Q3 us-gaap Operating Lease Liability Statement Of Financial Position Extensible List
OperatingLeaseLiabilityStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2022#OtherLiabilities
CY2021Q4 us-gaap Operating Lease Liability Statement Of Financial Position Extensible List
OperatingLeaseLiabilityStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2022#OtherLiabilities
CY2022Q3 us-gaap Operating Lease Liability Statement Of Financial Position Extensible List
OperatingLeaseLiabilityStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2022#OtherLiabilities
us-gaap Derivative Instrument Gain Loss Reclassified From Aoci Into Income Effective Portion Statement Of Income Or Comprehensive Income Extensible Enumeration
DerivativeInstrumentGainLossReclassifiedFromAociIntoIncomeEffectivePortionStatementOfIncomeOrComprehensiveIncomeExtensibleEnumeration
http://fasb.org/us-gaap/2022#InterestExpense
us-gaap Derivative Instrument Gain Loss Reclassified From Aoci Into Income Effective Portion Statement Of Income Or Comprehensive Income Extensible Enumeration
DerivativeInstrumentGainLossReclassifiedFromAociIntoIncomeEffectivePortionStatementOfIncomeOrComprehensiveIncomeExtensibleEnumeration
http://fasb.org/us-gaap/2022#InterestExpense
dei Document Transition Report
DocumentTransitionReport
false
dei Entity Registrant Name
EntityRegistrantName
ACRES COMMERCIAL REALTY CORP.
dei Entity Address Address Line1
EntityAddressAddressLine1
390 RXR Plaza
dei Local Phone Number
LocalPhoneNumber
535-0015
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
CY2022Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
8758571
CY2022Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
60971000
CY2021Q4 acr Principal Paydowns Receivable
PrincipalPaydownsReceivable
14899000
CY2022Q3 acr Lease Liabilities
LeaseLiabilities
43440000
CY2022Q3 us-gaap Dividends Payable Current
DividendsPayableCurrent
3262000
CY2022Q3 us-gaap Taxes Payable Current And Noncurrent
TaxesPayableCurrentAndNoncurrent
105000
CY2022Q3 us-gaap Liabilities Of Disposal Group Including Discontinued Operation
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
3025000
CY2022Q3 us-gaap Liabilities
Liabilities
1978907000
CY2022Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2021Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2021Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
41666666
CY2021Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
9149079
CY2021Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
9149079
CY2021Q4 acr Common Stock Restricted Shares
CommonStockRestrictedShares
333329
CY2022Q3 us-gaap Common Stock Value
CommonStockValue
9000
CY2021Q4 us-gaap Common Stock Value
CommonStockValue
9000
CY2022Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
1174253000
CY2021Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
1179863000
us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
83760000
us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
74528000
CY2022Q3 us-gaap Interest Expense
InterestExpense
22939000
CY2021Q3 us-gaap Interest Expense
InterestExpense
14534000
us-gaap Interest Expense
InterestExpense
53591000
us-gaap Interest Expense
InterestExpense
46960000
CY2022Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
11126000
CY2021Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
9452000
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
30169000
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
27568000
CY2022Q3 acr Gross Profit Loss From Real Estate Operations
GrossProfitLossFromRealEstateOperations
9785000
CY2021Q3 acr Gross Profit Loss From Real Estate Operations
GrossProfitLossFromRealEstateOperations
2627000
acr Gross Profit Loss From Real Estate Operations
GrossProfitLossFromRealEstateOperations
21700000
us-gaap Costs And Expenses
CostsAndExpenses
41070000
CY2022Q3 acr Income Loss Dividend Income And Other Income Loss From Equity Method Investments
IncomeLossDividendIncomeAndOtherIncomeLossFromEquityMethodInvestments
25000
CY2022Q3 us-gaap Revenues
Revenues
20936000
CY2021Q3 us-gaap Revenues
Revenues
12096000
CY2021Q3 acr Revenues Less Operating Expense
RevenuesLessOperatingExpense
4007000
acr Revenues Less Operating Expense
RevenuesLessOperatingExpense
29390000
CY2021Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
2664000
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
7938000
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
8533000
CY2022Q3 acr Real Estate Expenses
RealEstateExpenses
10099000
acr Real Estate Expenses
RealEstateExpenses
24055000
CY2022Q3 acr Management Fees Related Party
ManagementFeesRelatedParty
1669000
CY2021Q3 acr Management Fees Related Party
ManagementFeesRelatedParty
1700000
CY2021Q3 acr Equity Compensation Related Party
EquityCompensationRelatedParty
771000
acr Equity Compensation Related Party
EquityCompensationRelatedParty
961000
CY2022Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
21000
CY2021Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
16000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
64000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
75000
CY2021Q3 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
537000
us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
1342000
CY2022Q3 us-gaap Costs And Expenses
CostsAndExpenses
17450000
CY2021Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-9006000
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-460000
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-9006000
CY2022Q3 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
1870000
us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
1870000
CY2022Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
130000
CY2021Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
71000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1103000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
505000
CY2022Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
2000000
CY2021Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-8935000
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
2513000
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-7623000
CY2022Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
5486000
CY2021Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-4928000
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
13372000
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
21767000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
280000
CY2022Q3 us-gaap Profit Loss
ProfitLoss
5486000
CY2021Q3 us-gaap Profit Loss
ProfitLoss
-4928000
us-gaap Profit Loss
ProfitLoss
13092000
us-gaap Profit Loss
ProfitLoss
21767000
CY2022Q3 acr Comprehensive Income Loss Net Of Tax Attributable To Preferred Stockholders
ComprehensiveIncomeLossNetOfTaxAttributableToPreferredStockholders
4855000
CY2021Q3 acr Comprehensive Income Loss Net Of Tax Attributable To Preferred Stockholders
ComprehensiveIncomeLossNetOfTaxAttributableToPreferredStockholders
4877000
acr Comprehensive Income Loss Net Of Tax Attributable To Preferred Stockholders
ComprehensiveIncomeLossNetOfTaxAttributableToPreferredStockholders
14566000
acr Comprehensive Income Loss Net Of Tax Attributable To Preferred Stockholders
ComprehensiveIncomeLossNetOfTaxAttributableToPreferredStockholders
11033000
CY2022Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-82000
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-106000
CY2022Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
713000
CY2021Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-9805000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-1368000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
10734000
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.08
CY2021Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.03
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.15
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.09
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
-106000
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.08
CY2021Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.03
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.15
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
8713256
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
9553412
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
8898159
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
9818138
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
8758718
CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
9553412
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
8898159
CY2022Q3 us-gaap Profit Loss
ProfitLoss
5486000
CY2021Q3 us-gaap Profit Loss
ProfitLoss
-4928000
us-gaap Profit Loss
ProfitLoss
13092000
us-gaap Profit Loss
ProfitLoss
21767000
CY2022Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-415000
CY2021Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-466000
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-1332000
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-1384000
CY2022Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
-82000
CY2022Q3 acr Comprehensive Income Loss Net Of Tax Attributable To Preferred Stockholders
ComprehensiveIncomeLossNetOfTaxAttributableToPreferredStockholders
4855000
CY2021Q3 acr Comprehensive Income Loss Net Of Tax Attributable To Preferred Stockholders
ComprehensiveIncomeLossNetOfTaxAttributableToPreferredStockholders
4877000
acr Comprehensive Income Loss Net Of Tax Attributable To Preferred Stockholders
ComprehensiveIncomeLossNetOfTaxAttributableToPreferredStockholders
14566000
acr Comprehensive Income Loss Net Of Tax Attributable To Preferred Stockholders
ComprehensiveIncomeLossNetOfTaxAttributableToPreferredStockholders
11033000
CY2022Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
1128000
CY2021Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-9339000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-36000
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
448195000
CY2022Q1 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
37000
CY2022Q1 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
3885000
CY2022Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
744000
CY2022Q1 us-gaap Profit Loss
ProfitLoss
2084000
CY2022Q1 acr Distributions And Accrual Of Cumulative Preferred Stock Dividends
DistributionsAndAccrualOfCumulativePreferredStockDividends
4855000
CY2022Q1 acr Amortization Of Terminated Derivatives
AmortizationOfTerminatedDerivatives
456000
CY2022Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
442702000
CY2022Q2 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
33000
CY2022Q2 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
2497000
CY2022Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
991000
CY2022Q2 us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
5036000
CY2022Q2 us-gaap Profit Loss
ProfitLoss
5522000
CY2022Q2 acr Distributions And Accrual Of Cumulative Preferred Stock Dividends
DistributionsAndAccrualOfCumulativePreferredStockDividends
4856000
CY2022Q2 acr Amortization Of Terminated Derivatives
AmortizationOfTerminatedDerivatives
461000
CY2022Q3 acr Adjustments To Additional Paid In Capital Conversion Of Convertible Senior Notes
AdjustmentsToAdditionalPaidInCapitalConversionOfConvertibleSeniorNotes
4000
CY2022Q3 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
0.03
CY2022Q3 acr Stock Issued During Period Value Stock Warrants Exercised
StockIssuedDuringPeriodValueStockWarrantsExercised
2000
CY2022Q3 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
1812000
CY2022Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
913000
CY2022Q3 us-gaap Profit Loss
ProfitLoss
5486000
CY2022Q3 acr Distributions And Accrual Of Cumulative Preferred Stock Dividends
DistributionsAndAccrualOfCumulativePreferredStockDividends
4855000
CY2022Q3 acr Amortization Of Terminated Derivatives
AmortizationOfTerminatedDerivatives
415000
CY2022Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
447479000
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
334382000
CY2021Q1 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
9519000
CY2021Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
19000
CY2021Q1 us-gaap Profit Loss
ProfitLoss
13056000
CY2021Q1 acr Distributions And Accrual Of Cumulative Preferred Stock Dividends
DistributionsAndAccrualOfCumulativePreferredStockDividends
2588000
CY2021Q1 acr Amortization Of Terminated Derivatives
AmortizationOfTerminatedDerivatives
456000
CY2021Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
335806000
CY2021Q2 acr Adjustments To Additional Paid In Capital Proceeds From Issuance Of Preferred Stock
AdjustmentsToAdditionalPaidInCapitalProceedsFromIssuanceOfPreferredStock
115000000
CY2021Q2 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
4235000
CY2021Q2 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
4317000
CY2021Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
171000
CY2021Q2 us-gaap Profit Loss
ProfitLoss
13639000
CY2021Q2 acr Distributions And Accrual Of Cumulative Preferred Stock Dividends
DistributionsAndAccrualOfCumulativePreferredStockDividends
3568000
CY2021Q2 acr Amortization Of Terminated Derivatives
AmortizationOfTerminatedDerivatives
462000
CY2021Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
452958000
CY2021Q3 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
232000
CY2021Q3 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
889000
CY2021Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
771000
CY2021Q3 us-gaap Profit Loss
ProfitLoss
-4928000
CY2021Q3 acr Distributions And Accrual Of Cumulative Preferred Stock Dividends
DistributionsAndAccrualOfCumulativePreferredStockDividends
4877000
CY2021Q3 acr Amortization Of Terminated Derivatives
AmortizationOfTerminatedDerivatives
466000
CY2021Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
443269000
us-gaap Profit Loss
ProfitLoss
13092000
us-gaap Profit Loss
ProfitLoss
21767000
us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
1342000
us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
-15447000
us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
7091000
us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
11943000
acr Share Based Compensation Nonemployee And Directors
ShareBasedCompensationNonemployeeAndDirectors
2648000
acr Share Based Compensation Nonemployee And Directors
ShareBasedCompensationNonemployeeAndDirectors
961000
us-gaap Debt Securities Available For Sale Gain Loss
DebtSecuritiesAvailableForSaleGainLoss
878000
acr Gains Losses On Extinguishment Of Debt Excluding Incurred On Cash Payments
GainsLossesOnExtinguishmentOfDebtExcludingIncurredOnCashPayments
-460000
acr Gains Losses On Extinguishment Of Debt Excluding Incurred On Cash Payments
GainsLossesOnExtinguishmentOfDebtExcludingIncurredOnCashPayments
-4043000
us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
1870000
us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
3761000
us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
-3105000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
19002000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
25494000
us-gaap Payments To Acquire Loans Receivable
PaymentsToAcquireLoansReceivable
543783000
us-gaap Payments To Acquire Loans Receivable
PaymentsToAcquireLoansReceivable
964357000
us-gaap Proceeds From Collection Of Loans Receivable
ProceedsFromCollectionOfLoansReceivable
299885000
us-gaap Proceeds From Collection Of Loans Receivable
ProceedsFromCollectionOfLoansReceivable
644954000
us-gaap Payments To Acquire Real Estate Held For Investment
PaymentsToAcquireRealEstateHeldForInvestment
75273000
us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
18729000
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
2958000
us-gaap Proceeds From Collection Of Longterm Loans To Related Parties
ProceedsFromCollectionOfLongtermLoansToRelatedParties
225000
us-gaap Proceeds From Collection Of Longterm Loans To Related Parties
ProceedsFromCollectionOfLongtermLoansToRelatedParties
200000
us-gaap Payments To Acquire Furniture And Fixtures
PaymentsToAcquireFurnitureAndFixtures
290000
us-gaap Payments To Acquire Furniture And Fixtures
PaymentsToAcquireFurnitureAndFixtures
176000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-300507000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-316421000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
8194000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
14725000
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
69000
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
4467000
us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
-69000
us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
110533000
us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
2000
acr Proceeds From Issuance Of Securitization Of Notes Payable
ProceedsFromIssuanceOfSecuritizationOfNotesPayable
675223000
acr Payments Of Commercial Real Estate Notes Payable
PaymentsOfCommercialRealEstateNotesPayable
237189000
acr Payments Of Commercial Real Estate Notes Payable
PaymentsOfCommercialRealEstateNotesPayable
745386000
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
10150000
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
124056000
acr Repayments Of Warehouse Financing Facilities And Repurchase Agreements
RepaymentsOfWarehouseFinancingFacilitiesAndRepurchaseAgreements
94569000
acr Repayments Of Warehouse Financing Facilities And Repurchase Agreements
RepaymentsOfWarehouseFinancingFacilitiesAndRepurchaseAgreements
284890000
us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
88010000
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
98609000
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
131878000
acr Proceeds From Warehouse Financing Facilities And Repurchase Agreements
ProceedsFromWarehouseFinancingFacilitiesAndRepurchaseAgreements
405560000
acr Proceeds From Warehouse Financing Facilities And Repurchase Agreements
ProceedsFromWarehouseFinancingFacilitiesAndRepurchaseAgreements
591890000
us-gaap Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
150000000
acr Proceeds From Mortgage Payable
ProceedsFromMortgagePayable
18710000
us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
55736000
us-gaap Repayments Of Unsecured Debt
RepaymentsOfUnsecuredDebt
50000000
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
646000
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
9692000
us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
5036000
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
14566000
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
9498000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
74524000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
365541000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-206981000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
74614000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
283931000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
67741000
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
76950000
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
142355000
CY2021Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2021Q1 acr Fractional Shares Issued In Connection With Reverse Stock Split
FractionalSharesIssuedInConnectionWithReverseStockSplit
0
CY2021Q2 us-gaap Capital Units Authorized
CapitalUnitsAuthorized
225000000
CY2021Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
125000000
CY2021Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000
CY2021Q2 us-gaap Capital Units Authorized
CapitalUnitsAuthorized
141666666
CY2021Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
41666666
CY2021Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
1600000
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
1200000
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
1100000
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
1000000.0
CY2022Q3 us-gaap Proceeds From Sale Of Property Held For Sale
ProceedsFromSaleOfPropertyHeldForSale
19300000
CY2022Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1933010000
CY2022Q3 us-gaap Securities Sold Under Agreements To Repurchase Collateral Right To Reclaim Cash
SecuritiesSoldUnderAgreementsToRepurchaseCollateralRightToReclaimCash
0
CY2021Q4 us-gaap Securities Sold Under Agreements To Repurchase Collateral Right To Reclaim Cash
SecuritiesSoldUnderAgreementsToRepurchaseCollateralRightToReclaimCash
0
CY2022Q3 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
18549000
CY2022Q3 us-gaap Notes Payable
NotesPayable
1914461000
CY2022Q3 us-gaap Longterm Debt Weighted Average Interest Rate
LongtermDebtWeightedAverageInterestRate
0.0494
us-gaap Use Of Estimates
UseOfEstimates
<p style="text-align:justify;margin-bottom:0pt;margin-top:9pt;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Use of Estimates</p> <p style="text-align:justify;margin-bottom:0pt;margin-top:9pt;text-indent:6.67%;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">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.</p>
CY2022Q3 acr Cash Balance In Excess Of Federal Deposit Insurance Limit Amount
CashBalanceInExcessOfFederalDepositInsuranceLimitAmount
57300000
CY2021Q4 acr Cash Balance In Excess Of Federal Deposit Insurance Limit Amount
CashBalanceInExcessOfFederalDepositInsuranceLimitAmount
33300000
CY2022Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
60971000
CY2021Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
109949000
CY2022Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
15979000
CY2021Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
32406000
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
76950000
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
142355000
CY2022Q3 acr Selling Costs Of Property Held For Sale
SellingCostsOfPropertyHeldForSale
532000
CY2022Q3 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
1900000
CY2022Q3 acr Number Of Properties Classified As Held For Sale
NumberOfPropertiesClassifiedAsHeldForSale
1
CY2022Q3 acr Property Held For Sale
PropertyHeldForSale
36900000
acr Debt Instrument Maturity Date Free Form
DebtInstrumentMaturityDateFreeForm
P10Y3M18D
CY2022Q3 us-gaap Collateral Already Posted Aggregate Fair Value
CollateralAlreadyPostedAggregateFairValue
2229832000
CY2021Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1840052000
CY2021Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
25628000
CY2021Q4 us-gaap Notes Payable
NotesPayable
1814424000
CY2021Q4 us-gaap Longterm Debt Weighted Average Interest Rate
LongtermDebtWeightedAverageInterestRate
0.0244
CY2021 acr Debt Instrument Maturity Date Free Form
DebtInstrumentMaturityDateFreeForm
P12Y8M12D
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
CY2022Q3 acr Operating Loss Carryforwards Valuation Allowance Tax Expense Impact
OperatingLossCarryforwardsValuationAllowanceTaxExpenseImpact
21600000
us-gaap Interest Paid Net
InterestPaidNet
46999000
us-gaap Interest Paid Net
InterestPaidNet
33889000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
180000
acr Receipt Of Right Of Use Assets Noncash
ReceiptOfRightOfUseAssetsNoncash
-479000
acr Execution Of Operating Lease Noncash
ExecutionOfOperatingLeaseNoncash
479000
acr Proceeds From Receipt Of Deed In Lieu Of Foreclosure On Loan
ProceedsFromReceiptOfDeedInLieuOfForeclosureOnLoan
14299000
acr Investment In Real Estate Assets Related To Receipt Of Deed In Lieu Of Foreclosure
InvestmentInRealEstateAssetsRelatedToReceiptOfDeedInLieuOfForeclosure
14299000
CY2022Q3 acr Principal Paydowns Receivable
PrincipalPaydownsReceivable
0
CY2021Q4 acr Principal Paydowns Receivable
PrincipalPaydownsReceivable
14900000
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
8805000
CY2020Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
34310000
us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
1342000
CY2021 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
-21262000
us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
2297000
CY2021 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
4243000
CY2022Q3 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
7850000
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
8805000
CY2021 acr Financing Receivable Repayment Period Of Defaulted Additional Loans
FinancingReceivableRepaymentPeriodOfDefaultedAdditionalLoans
2022-01
CY2022Q3 us-gaap Notes Receivable Gross
NotesReceivableGross
2130645000
CY2022Q3 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
0
CY2021Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
1882551000
CY2021Q4 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
19916000
CY2022Q3 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
29800000
CY2021Q4 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
30400000
CY2022Q3 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
0
CY2021Q3 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
0
CY2022Q3 us-gaap Business Combination Recognized Identifiable Assets Acquired Goodwill And Liabilities Assumed Less Noncontrolling Interest
BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedLessNoncontrollingInterest
65926000
CY2022Q3 acr Assets Acquired Cost
AssetsAcquiredCost
201176000
CY2022Q3 acr Assets Acquired Accumulated Depreciation And Amortization
AssetsAcquiredAccumulatedDepreciationAndAmortization
4100000
CY2022Q3 acr Assets Acquired
AssetsAcquired
197076000
CY2021Q4 acr Assets Acquired Cost
AssetsAcquiredCost
89701000
CY2021Q4 acr Assets Acquired Accumulated Depreciation And Amortization
AssetsAcquiredAccumulatedDepreciationAndAmortization
3161000
CY2021Q4 acr Assets Acquired
AssetsAcquired
86540000
CY2022Q3 acr Liabilities Assumed Cost
LiabilitiesAssumedCost
64621000
CY2022Q3 acr Liability Assumed Accumulated Depreciation And Amortization
LiabilityAssumedAccumulatedDepreciationAndAmortization
332000
CY2022Q3 acr Liabilities Assumed Book Value
LiabilitiesAssumedBookValue
64289000
CY2021Q4 acr Liabilities Assumed Cost
LiabilitiesAssumedCost
3360000
CY2021Q4 acr Liability Assumed Accumulated Depreciation And Amortization
LiabilityAssumedAccumulatedDepreciationAndAmortization
131000
CY2021Q4 acr Liabilities Assumed Book Value
LiabilitiesAssumedBookValue
3229000
CY2022Q3 acr Assets Acquired And Liabilities Assumed Cost
AssetsAcquiredAndLiabilitiesAssumedCost
136555000
CY2022Q3 acr Assets Acquired And Liabilities Assumed Net
AssetsAcquiredAndLiabilitiesAssumedNet
132787000
CY2021Q4 acr Assets Acquired And Liabilities Assumed Cost
AssetsAcquiredAndLiabilitiesAssumedCost
86341000
CY2021Q4 acr Assets Acquired And Liabilities Assumed Net
AssetsAcquiredAndLiabilitiesAssumedNet
83311000
CY2022Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
300000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1700000
CY2021Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
94000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
282000
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
2300000
CY2022Q3 acr Non Acquired Operating Lease Right Of Use Asset
NonAcquiredOperatingLeaseRightOfUseAsset
407000
CY2021Q4 acr Non Acquired Operating Lease Right Of Use Asset
NonAcquiredOperatingLeaseRightOfUseAsset
443000
CY2022Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
441000
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
477000
CY2022Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y9M18D
CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y7M6D
CY2022Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.1065
CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.1065
CY2022Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
25000
CY2021Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
24000
us-gaap Operating Lease Cost
OperatingLeaseCost
73000
us-gaap Operating Lease Cost
OperatingLeaseCost
50000
CY2022Q3 us-gaap Operating Lease Payments
OperatingLeasePayments
24000
CY2021Q3 us-gaap Operating Lease Payments
OperatingLeasePayments
39000
us-gaap Operating Lease Payments
OperatingLeasePayments
70000
us-gaap Operating Lease Payments
OperatingLeasePayments
39000
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
97000
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
99000
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
99000
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
102000
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
104000
CY2022Q3 acr Lessee Operating Lease Liability Payments Due After Year Four
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFour
170000
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
671000
CY2022Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
230000
CY2022Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
441000
CY2021Q4 us-gaap Collateral Already Posted Aggregate Fair Value
CollateralAlreadyPostedAggregateFairValue
2149085000
CY2022Q3 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
482802000
CY2022Q3 us-gaap Securities Loaned Fair Value Of Collateral
SecuritiesLoanedFairValueOfCollateral
727189000
CY2021Q4 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
63339000
CY2021Q4 us-gaap Securities Loaned Fair Value Of Collateral
SecuritiesLoanedFairValueOfCollateral
272818000
CY2022Q3 us-gaap Long Term Debt
LongTermDebt
1933010000
CY2022Q3 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
0
CY2022Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
0
CY2022Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
382070000
CY2022Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
18710000
CY2022Q3 acr Long Term Debt Maturing In Year Four And After
LongTermDebtMaturingInYearFourAndAfter
1532230000
acr Common Shares Repurchased Cost
CommonSharesRepurchasedCost
8200000
acr Common Shares Repurchased Cost
CommonSharesRepurchasedCost
14700000
acr Common Shares Repurchased
CommonSharesRepurchased
750709
acr Common Shares Repurchased
CommonSharesRepurchased
1071896
CY2022Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Share Based Awards Other Than Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions
5400000
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P3Y2M12D
CY2022Q3 us-gaap Profit Loss
ProfitLoss
5486000
CY2021Q3 us-gaap Profit Loss
ProfitLoss
-4928000
us-gaap Profit Loss
ProfitLoss
13092000
us-gaap Profit Loss
ProfitLoss
21767000
CY2022Q3 acr Comprehensive Income Loss Net Of Tax Attributable To Preferred Stockholders
ComprehensiveIncomeLossNetOfTaxAttributableToPreferredStockholders
4855000
CY2021Q3 acr Comprehensive Income Loss Net Of Tax Attributable To Preferred Stockholders
ComprehensiveIncomeLossNetOfTaxAttributableToPreferredStockholders
4877000
acr Comprehensive Income Loss Net Of Tax Attributable To Preferred Stockholders
ComprehensiveIncomeLossNetOfTaxAttributableToPreferredStockholders
14566000
acr Comprehensive Income Loss Net Of Tax Attributable To Preferred Stockholders
ComprehensiveIncomeLossNetOfTaxAttributableToPreferredStockholders
11033000
CY2022Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-82000
CY2021Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-106000
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0
CY2022Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
713000
CY2021Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-9805000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-1368000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
10734000
CY2022Q3 acr Weighted Average Number Of Common Shares Outstanding Basic
WeightedAverageNumberOfCommonSharesOutstandingBasic
8312334
CY2021Q3 acr Weighted Average Number Of Common Shares Outstanding Basic
WeightedAverageNumberOfCommonSharesOutstandingBasic
9086751
acr Weighted Average Number Of Common Shares Outstanding Basic
WeightedAverageNumberOfCommonSharesOutstandingBasic
8453652
acr Weighted Average Number Of Common Shares Outstanding Basic
WeightedAverageNumberOfCommonSharesOutstandingBasic
9351477
CY2022Q3 acr Weighted Average Number Of Warrants Outstanding
WeightedAverageNumberOfWarrantsOutstanding
400922
CY2021Q3 acr Weighted Average Number Of Warrants Outstanding
WeightedAverageNumberOfWarrantsOutstanding
466661
acr Weighted Average Number Of Warrants Outstanding
WeightedAverageNumberOfWarrantsOutstanding
444507
acr Weighted Average Number Of Warrants Outstanding
WeightedAverageNumberOfWarrantsOutstanding
466661
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
8713256
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
9553412
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
8898159
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
9818138
CY2022Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
45462
CY2021Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
18465
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
8758718
CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
9553412
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
8898159
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
9836603
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.08
CY2021Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.03
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.15
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.09
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.08
CY2021Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.03
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.15
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.09
acr Reit Required Taxable Income Distribution Percentage
REITRequiredTaxableIncomeDistributionPercentage
0.90
acr Reit Taxable Income Distribution For Exempt Federal Income Taxes Percentage
REITTaxableIncomeDistributionForExemptFederalIncomeTaxesPercentage
1
us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
-1332000
us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
-1384000
CY2022Q3 us-gaap Securities Sold Under Agreements To Repurchase Gross
SecuritiesSoldUnderAgreementsToRepurchaseGross
379122000
CY2022Q3 us-gaap Securities Sold Under Agreements To Repurchase Asset
SecuritiesSoldUnderAgreementsToRepurchaseAsset
0
CY2022Q3 acr Securities Sold Under Agreements To Repurchase Amount Not Offset Against Collateral
SecuritiesSoldUnderAgreementsToRepurchaseAmountNotOffsetAgainstCollateral
379122000
CY2022Q3 us-gaap Securities Sold Under Agreements To Repurchase Collateral Right To Reclaim Securities
SecuritiesSoldUnderAgreementsToRepurchaseCollateralRightToReclaimSecurities
379122000
CY2022Q3 us-gaap Securities Sold Under Agreements To Repurchase Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
SecuritiesSoldUnderAgreementsToRepurchaseOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
0
CY2021Q4 us-gaap Securities Sold Under Agreements To Repurchase Gross
SecuritiesSoldUnderAgreementsToRepurchaseGross
66771000
CY2021Q4 us-gaap Securities Sold Under Agreements To Repurchase Asset
SecuritiesSoldUnderAgreementsToRepurchaseAsset
0
CY2021Q4 acr Securities Sold Under Agreements To Repurchase Amount Not Offset Against Collateral
SecuritiesSoldUnderAgreementsToRepurchaseAmountNotOffsetAgainstCollateral
66771000
CY2021Q4 us-gaap Securities Sold Under Agreements To Repurchase Collateral Right To Reclaim Securities
SecuritiesSoldUnderAgreementsToRepurchaseCollateralRightToReclaimSecurities
66771000
CY2021Q4 us-gaap Securities Sold Under Agreements To Repurchase Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
SecuritiesSoldUnderAgreementsToRepurchaseOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
0
CY2022Q3 us-gaap Securities Sold Under Agreements To Repurchase Fair Value Of Collateral
SecuritiesSoldUnderAgreementsToRepurchaseFairValueOfCollateral
513500000
CY2021Q4 us-gaap Securities Sold Under Agreements To Repurchase Fair Value Of Collateral
SecuritiesSoldUnderAgreementsToRepurchaseFairValueOfCollateral
102000000.0
CY2022Q3 us-gaap Litigation Reserve
LitigationReserve
0
CY2021Q4 us-gaap Litigation Reserve
LitigationReserve
0

Files In Submission

Name View Source Status
0001564590-22-036875-index-headers.html Edgar Link pending
0001564590-22-036875-index.html Edgar Link pending
0001564590-22-036875.txt Edgar Link pending
0001564590-22-036875-xbrl.zip Edgar Link pending
acr-10q_20220930.htm Edgar Link pending
acr-20220930.xsd Edgar Link pending
acr-ex311_36.htm Edgar Link pending
acr-ex312_35.htm Edgar Link pending
acr-ex321_34.htm Edgar Link pending
acr-ex322_33.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
gqeeozomilce000001.jpg Edgar Link pending
gqeeozomilce000002.jpg Edgar Link pending
gqeeozomilce000003.jpg Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
acr-20220930_def.xml Edgar Link unprocessable
acr-20220930_lab.xml Edgar Link unprocessable
acr-20220930_pre.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
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
acr-20220930_cal.xml Edgar Link unprocessable
acr-10q_20220930_htm.xml Edgar Link completed