$ACRE
Ares Commercial Real Estate Corp Stock $acre

$acre Overview Financials Valuation SEC Filings Company Website

2013 Q1 Form 10-Q Financial Statement

#000110465913041663 Filed on May 15, 2013

Income Statement

Concept	2013 Q1	2012 Q1
Revenue	$5.326M	$950.0K
YoY Change	460.63%
Cost Of Revenue	$2.000M	$340.0K
YoY Change	488.24%
Gross Profit	$4.710M	$610.0K
YoY Change	672.13%
Gross Profit Margin	88.43%	64.21%
Selling, General & Admin	$1.800M	$100.0K
YoY Change	1700.0%
% of Gross Profit	38.22%	16.39%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses	$1.790M	$100.0K
YoY Change	1690.0%
Operating Profit	$2.920M	$510.0K
YoY Change	472.55%
Interest Expense	-$1.950M	$0.00
YoY Change
% of Operating Profit	-66.78%	0.0%
Other Income/Expense, Net
YoY Change
Pretax Income	$327.0K	$510.0K
YoY Change	-35.88%
Income Tax	$0.00	$0.00
% Of Pretax Income	0.0%	0.0%
Net Earnings	$327.0K	$508.0K
YoY Change	-35.63%
Net Earnings / Revenue	6.14%	53.47%
Basic Earnings Per Share
Diluted Earnings Per Share	$35.60K	$510.0K
COMMON SHARES
Basic Shares Outstanding	9.213M shares	998.6K shares
Diluted Shares Outstanding	9.267M shares	998.6K shares

Balance Sheet

Concept	2013 Q1	2012 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$22.60M	$4.600M
YoY Change	391.3%
Cash & Equivalents	$22.55M	$4.586M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables	$2.500M	$500.0K
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$25.10M	$5.100M
YoY Change	392.16%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$409.9M	$77.30M
YoY Change	430.27%
Other Assets	$8.500M	$2.100M
YoY Change	304.76%
Total Long-Term Assets	$418.9M	$79.80M
YoY Change	424.87%
TOTAL ASSETS
Total Short-Term Assets	$25.10M	$5.100M
Total Long-Term Assets	$418.9M	$79.80M
Total Assets	$444.0M	$84.90M
YoY Change	422.91%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$2.200M	$100.0K
YoY Change	2100.0%
Accrued Expenses		$1.100M
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$5.300M	$2.100M
YoY Change	152.38%
LONG-TERM LIABILITIES
Long-Term Debt	$267.5M	$0.00
YoY Change
Other Long-Term Liabilities	$5.500M	$47.30M
YoY Change	-88.37%
Total Long-Term Liabilities	$273.0M	$47.30M
YoY Change	477.17%
TOTAL LIABILITIES
Total Short-Term Liabilities	$5.300M	$2.100M
Total Long-Term Liabilities	$273.0M	$47.30M
Total Liabilities	$280.4M	$49.34M
YoY Change	468.3%
SHAREHOLDERS EQUITY
Retained Earnings		-$729.0K
YoY Change
Common Stock		$30.00M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$163.6M	$29.27M
YoY Change
Total Liabilities & Shareholders Equity	$444.0M	$84.90M
YoY Change	422.91%

Cashflow Statement

Concept	2013 Q1	2012 Q1
OPERATING ACTIVITIES
Net Income	$327.0K	$508.0K
YoY Change	-35.63%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities	$1.200M	-$200.0K
YoY Change	-700.0%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities	-$55.70M	-$72.20M
YoY Change	-22.85%
Cash From Investing Activities	-$55.70M	-$72.20M
YoY Change	-22.85%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net		$23.40M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	53.60M	75.80M
YoY Change	-29.29%
NET CHANGE
Cash From Operating Activities	1.200M	-200.0K
Cash From Investing Activities	-55.70M	-72.20M
Cash From Financing Activities	53.60M	75.80M
Net Change In Cash	-900.0K	3.400M
YoY Change	-126.47%
FREE CASH FLOW
Cash From Operating Activities	$1.200M	-$200.0K
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2012Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	23390000	USD
CY2013Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	9267162	shares
CY2013Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2013
CY2013Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2013Q1	us-gaap	Mortgage Loans On Real Estate Number Of Loans MortgageLoansOnRealEstateNumberOfLoans	17	item
CY2013Q1	acre	Mortgage Loans On Real Estate Receipt Of Origination Fee MortgageLoansOnRealEstateReceiptOfOriginationFee	539000	USD
CY2013Q1	us-gaap	Concentration Risk Credit Risk ConcentrationRiskCreditRisk	<div style="font-size:10.0pt;font-family:Times New Roman;"> <p style="MARGIN: 0in 0in 0pt;"><b><i><font style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: Times New Roman;" size="2">Concentration of Credit Risk</font></i></b></p> <p style="MARGIN: 0in 0in 0pt;"> </p> <p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;" size="2">Financial instruments that potentially subject us to concentrations of credit risk consist primarily of cash and cash equivalents and loans held for investment. The Company places its cash and cash equivalents with financial institutions and, at times, cash held may exceed the Federal Deposit Insurance Corporation, or “FDIC”, insured limit. The Company has exposure to credit risk on its CRE loans and other target investments. The Company’s Manager will seek to manage credit risk by performing credit fundamental analysis of potential collateral assets.</font></p> </div>
CY2013Q1	us-gaap	Payments To Acquire Loans Held For Investment PaymentsToAcquireLoansHeldForInvestment	56299000	USD
CY2013Q1	us-gaap	Mortgage Loans On Real Estate Collections Of Principal MortgageLoansOnRealEstateCollectionsOfPrincipal	56000	USD
CY2012Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	3210000	USD
CY2013Q1	acre	Mortgage Loans On Real Estate Total Commitment Amount MortgageLoansOnRealEstateTotalCommitmentAmount	470200000	USD
CY2012	acre	Impairments Of Loans Held For Investment ImpairmentsOfLoansHeldForInvestment	0	USD
CY2013Q1	acre	Impairments Of Loans Held For Investment ImpairmentsOfLoansHeldForInvestment	0	USD
CY2013Q1	acre	Number Of Subsequent Taxable Years Subject To Disqualification NumberOfSubsequentTaxableYearsSubjectToDisqualification	P4Y
CY2013Q1	us-gaap	Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued	0	USD
CY2013Q1	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	1	item
CY2013Q1	us-gaap	Use Of Estimates UseOfEstimates	<div style="font-size:10.0pt;font-family:Times New Roman;"> <p style="MARGIN: 0in 0in 0pt;"><b><i><font style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: Times New Roman;" size="2">Use of Estimates in the Preparation of Financial Statements</font></i></b></p> <p style="MARGIN: 0in 0in 0pt;"> </p> <p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;" size="2">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect certain reported amounts and disclosures. Actual results could differ from those estimates. Significant estimates include the valuation of derivatives.</font></p> </div>
CY2013Q1	us-gaap	Mortgage Loans On Real Estate Face Amount Of Mortgages MortgageLoansOnRealEstateFaceAmountOfMortgages	412993000	USD
CY2012Q4	us-gaap	Mortgage Loans On Real Estate Commercial And Consumer Net MortgageLoansOnRealEstateCommercialAndConsumerNet	353500000	USD
CY2013Q1	acre	Mortgage Loans On Real Estate Unleveraged Effective Yield MortgageLoansOnRealEstateUnleveragedEffectiveYield	0.070	pure
CY2013Q1	us-gaap	Mortgage Loans On Real Estate New Mortgage Loans MortgageLoansOnRealEstateNewMortgageLoans	50999000	USD
CY2013Q1	us-gaap	Mortgage Loans On Real Estate Other Additions MortgageLoansOnRealEstateOtherAdditions	5300000	USD
CY2013Q1	us-gaap	Amortization Of Deferred Loan Origination Fees Net AmortizationOfDeferredLoanOriginationFeesNet	739000	USD
CY2013Q1	us-gaap	Mortgage Loans On Real Estate Commercial And Consumer Net MortgageLoansOnRealEstateCommercialAndConsumerNet	409943000	USD
CY2012Q4	us-gaap	Line Of Credit Facility Maximum Borrowing Capacity LineOfCreditFacilityMaximumBorrowingCapacity	308725000	USD
CY2013Q1	us-gaap	Line Of Credit Facility Maximum Borrowing Capacity LineOfCreditFacilityMaximumBorrowingCapacity	308725000	USD
CY2012Q4	us-gaap	Line Of Credit LineOfCredit	144256000	USD
CY2013Q1	us-gaap	Line Of Credit LineOfCredit	200050000	USD
CY2013Q1	acre	Funded Commitments FundedCommitments	413229000	USD
CY2013Q1	acre	Unfunded Commitments UnfundedCommitments	56966000	USD
CY2013Q1	acre	Commitments Commitments	470195000	USD
CY2012Q4	acre	Commitments Commitments	405695000	USD
CY2012Q4	acre	Funded Commitments FundedCommitments	356930000	USD
CY2012Q4	acre	Unfunded Commitments UnfundedCommitments	48765000	USD
CY2012Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	95000000	shares
CY2012Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	450000000	shares
CY2012Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2012Q1	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	5000000	shares
CY2012Q2	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	50000000	shares
CY2012Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2012Q1	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2012Q2	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2012Q2	us-gaap	Stock Issued During Period Shares New Issues StockIssuedDuringPeriodSharesNewIssues	7700000	shares
CY2012Q2	us-gaap	Share Price SharePrice	18.50
CY2012Q2	acre	Gross Proceeds From Issuance Of Shares In Initial Public Offering GrossProceedsFromIssuanceOfSharesInInitialPublicOffering	142500000	USD
CY2012Q2	acre	Adjustments To Additional Paid In Capital Stock Issued Underwriting Costs AdjustmentsToAdditionalPaidInCapitalStockIssuedUnderwritingCosts	-5300000	USD
CY2012Q2	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	3500000	USD
CY2012Q2	us-gaap	Proceeds From Issuance Initial Public Offering ProceedsFromIssuanceInitialPublicOffering	139000000	USD
CY2012Q2	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	47300000	USD
CY2012Q2	us-gaap	Payments For Repurchase Of Redeemable Convertible Preferred Stock PaymentsForRepurchaseOfRedeemableConvertiblePreferredStock	6300000	USD
CY2012Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized	690000	shares
CY2012	acre	Share Based Compensation Arrangement By Share Based Payment Award Percentage Of Issued And Outstanding Common Stock Eligible ShareBasedCompensationArrangementByShareBasedPaymentAwardPercentageOfIssuedAndOutstandingCommonStockEligible	0.075	pure
CY2012Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber	54516	shares
CY2013Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod	7101	shares
CY2013Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber	47415	shares
CY2012Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-116000	USD
CY2012Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	998571	shares
CY2012Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	998571	shares
CY2012Q1	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.12
CY2012Q4	us-gaap	Receivables Net Current ReceivablesNetCurrent	1746000	USD
CY2012Q4	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	5168000	USD
CY2012Q4	us-gaap	Other Assets OtherAssets	845000	USD
CY2012Q4	us-gaap	Assets Assets	387859000	USD
CY2012Q4	us-gaap	Unsecured Debt UnsecuredDebt	67289000	USD
CY2012Q4	us-gaap	Derivative Liabilities DerivativeLiabilities	1825000	USD
CY2012Q4	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	1788000	USD
CY2012Q4	us-gaap	Due To Related Parties Current And Noncurrent DueToRelatedPartiesCurrentAndNoncurrent	1320000	USD
CY2012Q4	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	2316000	USD
CY2013Q1	us-gaap	Other Liabilities OtherLiabilities	5471000	USD
CY2012Q4	us-gaap	Other Liabilities OtherLiabilities	3627000	USD
CY2012Q4	us-gaap	Liabilities Liabilities	222421000	USD
CY2012Q4	us-gaap	Common Stock Value CommonStockValue	92000	USD
CY2012Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	169200000	USD
CY2012Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-3854000	USD
CY2012Q4	us-gaap	Stockholders Equity StockholdersEquity	165438000	USD
CY2012Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	387859000	USD
CY2013Q1	us-gaap	Liabilities Liabilities	280369000	USD
CY2013Q1	us-gaap	Stockholders Equity StockholdersEquity	163584000	USD
CY2013Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	443953000	USD
CY2012Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2013Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2012Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	450000000	shares
CY2013Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	450000000	shares
CY2012Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	9267162	shares
CY2013Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	9267162	shares
CY2012Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	9267162	shares
CY2013Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	9267162	shares
CY2012Q1	us-gaap	Interest And Fee Income Loans And Leases Held In Portfolio InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio	949000	USD
CY2012Q1	us-gaap	Interest Expense Borrowings InterestExpenseBorrowings	339000	USD
CY2012Q1	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	610000	USD
CY2012Q1	us-gaap	Redeemable Preferred Stock Dividends RedeemablePreferredStockDividends	52000	USD
CY2012Q1	us-gaap	Temporary Equity Accretion Of Dividends TemporaryEquityAccretionOfDividends	-572000	USD
CY2013Q1	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	5326000	USD
CY2013Q1	us-gaap	Interest Expense Other InterestExpenseOther	1950000	USD
CY2013Q1	us-gaap	Costs And Expenses Related Party CostsAndExpensesRelatedParty	614000	USD
CY2013Q1	acre	General And Administrative Expenses Reimbursed To Affiliate GeneralAndAdministrativeExpensesReimbursedToAffiliate	747000	USD
CY2013Q1	us-gaap	Noninterest Expense NoninterestExpense	4999000	USD
CY2013Q1	us-gaap	Net Income Loss NetIncomeLoss	327000	USD
CY2013Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	327000	USD
CY2013Q1	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.04
CY2013Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	9212644	shares
CY2012Q1	us-gaap	Professional Fees ProfessionalFees	65000	USD
CY2012Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	37000	USD
CY2012Q1	us-gaap	Noninterest Expense NoninterestExpense	102000	USD
CY2012Q1	us-gaap	Net Income Loss NetIncomeLoss	508000	USD
CY2013Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	9267162	shares
CY2013Q1	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	3719000	USD
CY2013Q1	us-gaap	Receivables Net Current ReceivablesNetCurrent	2464000	USD
CY2013Q1	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	4780000	USD
CY2013Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.25
CY2013Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	136000	USD
CY2012Q1	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	125000	USD
CY2012Q1	us-gaap	Amortization Of Deferred Loan Origination Fees Net AmortizationOfDeferredLoanOriginationFeesNet	57000	USD
CY2013Q1	us-gaap	Share Based Compensation ShareBasedCompensation	136000	USD
CY2013Q1	us-gaap	Unrealized Gain Loss On Derivatives UnrealizedGainLossOnDerivatives	-398000	USD
CY2012Q1	us-gaap	Increase Decrease In Receivables IncreaseDecreaseInReceivables	518000	USD
CY2012Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	24000	USD
CY2012Q1	us-gaap	Increase Decrease In Due To Affiliates IncreaseDecreaseInDueToAffiliates	-144000	USD
CY2012Q1	us-gaap	Increase Decrease In Interest Payable Net IncreaseDecreaseInInterestPayableNet	71000	USD
CY2012Q1	us-gaap	Increase Decrease In Customer Deposits IncreaseDecreaseInCustomerDeposits	-200000	USD
CY2012Q1	acre	Increase Decrease In Accrued Expenses And Other Liabilities IncreaseDecreaseInAccruedExpensesAndOtherLiabilities	18000	USD
CY2012Q1	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	-221000	USD
CY2013Q1	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	1226000	USD
CY2012Q1	us-gaap	Payments To Acquire Loans Held For Investment PaymentsToAcquireLoansHeldForInvestment	73147000	USD
CY2012Q1	us-gaap	Proceeds From Collection Of Loans Receivable ProceedsFromCollectionOfLoansReceivable	18000	USD
CY2012Q1	us-gaap	Proceeds From Loan And Lease Originations And Principal Collections1 ProceedsFromLoanAndLeaseOriginationsAndPrincipalCollections1	880000	USD
CY2012Q1	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-72249000	USD
CY2013Q1	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-55704000	USD
CY2012Q1	us-gaap	Proceeds From Issuance Of Secured Debt ProceedsFromIssuanceOfSecuredDebt	47289000	USD
CY2012Q1	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	596000	USD
CY2012Q1	us-gaap	Proceeds From Issuance Of Convertible Preferred Stock ProceedsFromIssuanceOfConvertiblePreferredStock	5723000	USD
CY2012Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	23400000	USD
CY2012Q1	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	75816000	USD
CY2013Q1	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	-171000	USD
CY2013Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	2317000	USD
CY2013Q1	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	53638000	USD
CY2012Q1	us-gaap	Net Cash Provided By Used In Continuing Operations NetCashProvidedByUsedInContinuingOperations	3346000	USD
CY2013Q1	us-gaap	Net Cash Provided By Used In Continuing Operations NetCashProvidedByUsedInContinuingOperations	-840000	USD
CY2012Q1	us-gaap	Interest Paid Net InterestPaidNet	143000	USD
CY2012Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	4586000	USD
CY2013Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	22550000	USD
CY2011Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	1240000	USD
CY2012Q1	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	502000	USD
CY2012Q1	us-gaap	Deferred Costs Current And Noncurrent DeferredCostsCurrentAndNoncurrent	332000	USD
CY2013Q1	us-gaap	Other Assets OtherAssets	497000	USD
CY2012Q4	us-gaap	Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued	0	USD
CY2013Q1	us-gaap	Dividends Payable Amount Per Share DividendsPayableAmountPerShare	0.25
CY2012Q1	us-gaap	Dividends Payable Amount Per Share DividendsPayableAmountPerShare	0.30
CY2013Q1	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.25
CY2012Q1	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.30
CY2013Q1	us-gaap	Dividends Cash DividendsCash	2317000	USD
CY2012Q1	us-gaap	Dividends Cash DividendsCash	450000	USD
CY2013Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2012Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	1500000	shares
CY2013Q1	us-gaap	Assets Assets	443953000	USD
CY2013Q1	us-gaap	Unsecured Debt UnsecuredDebt	67411000	USD
CY2013Q1	us-gaap	Derivative Liabilities DerivativeLiabilities	2223000	USD
CY2013Q1	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	1455000	USD
CY2013Q1	us-gaap	Due To Related Parties Current And Noncurrent DueToRelatedPartiesCurrentAndNoncurrent	1442000	USD
CY2013Q1	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	2317000	USD
CY2012Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2013Q1	us-gaap	Interest And Fee Income Loans And Leases Held In Portfolio InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio	6711000	USD
CY2013Q1	us-gaap	Interest Expense Borrowings InterestExpenseBorrowings	1385000	USD
CY2013Q1	us-gaap	Professional Fees ProfessionalFees	566000	USD
CY2013Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	482000	USD
CY2013Q1	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	227000	USD
CY2013Q1	us-gaap	Increase Decrease In Receivables IncreaseDecreaseInReceivables	718000	USD
CY2013Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-323000	USD
CY2013Q1	us-gaap	Increase Decrease In Due To Affiliates IncreaseDecreaseInDueToAffiliates	122000	USD
CY2013Q1	us-gaap	Increase Decrease In Customer Deposits IncreaseDecreaseInCustomerDeposits	50000	USD
CY2013Q1	acre	Increase Decrease In Accrued Expenses And Other Liabilities IncreaseDecreaseInAccruedExpensesAndOtherLiabilities	1100000	USD
CY2013Q1	us-gaap	Proceeds From Collection Of Loans Receivable ProceedsFromCollectionOfLoansReceivable	56000	USD
CY2013Q1	us-gaap	Proceeds From Loan And Lease Originations And Principal Collections1 ProceedsFromLoanAndLeaseOriginationsAndPrincipalCollections1	539000	USD
CY2013Q1	us-gaap	Proceeds From Issuance Of Secured Debt ProceedsFromIssuanceOfSecuredDebt	55794000	USD
CY2013Q1	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	10000	USD
CY2013Q1	us-gaap	Interest Paid Net InterestPaidNet	1128000	USD

Files In Submission

Name	View Source	Status
0001104659-13-041663-index-headers.html	Edgar Link	pending
0001104659-13-041663-index.html	Edgar Link	pending
0001104659-13-041663.txt	Edgar Link	pending
0001104659-13-041663-xbrl.zip	Edgar Link	pending
a13-8657_110q.htm	Edgar Link	pending
a13-8657_1ex31d1.htm	Edgar Link	pending
a13-8657_1ex31d2.htm	Edgar Link	pending
a13-8657_1ex32d1.htm	Edgar Link	pending
acre-20130331.xml	Edgar Link	completed
acre-20130331.xsd	Edgar Link	pending
acre-20130331_cal.xml	Edgar Link	unprocessable
acre-20130331_def.xml	Edgar Link	unprocessable
acre-20130331_lab.xml	Edgar Link	unprocessable
acre-20130331_pre.xml	Edgar Link	unprocessable
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xls	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
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R2.htm	Edgar Link	pending
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R3.htm	Edgar Link	pending
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R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
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R38.htm	Edgar Link	pending
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R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
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R43.htm	Edgar Link	pending
R44.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$ACRE
Ares Commercial Real Estate Corp Stock $acre

2013 Q1 Form 10-Q Financial Statement

#000110465913041663 Filed on May 15, 2013

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$ACRE Ares Commercial Real Estate Corp Stock $acre

2013 Q1 Form 10-Q Financial Statement

#000110465913041663 Filed on May 15, 2013

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$ACRE
Ares Commercial Real Estate Corp Stock $acre