$ACRE
Ares Commercial Real Estate Corp Stock $acre

$acre Overview Financials Valuation SEC Filings Company Website

2019 Q2 Form 10-Q Financial Statement

#000152937719000066 Filed on July 26, 2019

Income Statement

Concept	2019 Q2	2018 Q2
Revenue	$21.68M	$13.64M
YoY Change	58.95%	30.98%
Cost Of Revenue	$19.02M	$18.14M
YoY Change	4.85%	30.6%
Gross Profit	$19.33M	$11.46M
YoY Change	68.67%	30.82%
Gross Profit Margin	89.18%	84.04%
Selling, General & Admin	$9.170M	$2.070M
YoY Change	343.0%	2.48%
% of Gross Profit	47.44%	18.06%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$100.0K
YoY Change
% of Gross Profit	0.52%
Operating Expenses	$9.360M	$2.080M
YoY Change	350.0%	3.48%
Operating Profit	$9.970M	$9.380M
YoY Change	6.29%	38.96%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income	$9.973M	$9.389M
YoY Change	6.22%	39.3%
Income Tax	$218.0K	$86.00K
% Of Pretax Income	2.19%	0.92%
Net Earnings	$9.755M	$9.303M
YoY Change	4.86%	38.58%
Net Earnings / Revenue	45.01%	68.22%
Basic Earnings Per Share
Diluted Earnings Per Share	$338.2K	$324.9K
COMMON SHARES
Basic Shares Outstanding	28.60M shares	28.52M shares
Diluted Shares Outstanding	28.86M shares	28.62M shares

Balance Sheet

Concept	2019 Q2	2018 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$5.200M	$5.000M
YoY Change	4.0%	-12.28%
Cash & Equivalents	$5.215M	$5.045M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets	$5.200M	$5.000M
YoY Change	4.0%	-12.28%
LONG-TERM ASSETS
Property, Plant & Equipment	$36.90M
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$1.488B	$1.746B
YoY Change	-14.79%	6.37%
Other Assets	$400.0K	$400.0K
YoY Change	0.0%	0.0%
Total Long-Term Assets	$1.666B	$1.813B
YoY Change	-8.07%	9.39%
TOTAL ASSETS
Total Short-Term Assets	$5.200M	$5.000M
Total Long-Term Assets	$1.666B	$1.813B
Total Assets	$1.671B	$1.818B
YoY Change	-8.04%	9.32%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
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	$12.70M	$11.10M
YoY Change	14.41%	7.77%
LONG-TERM LIABILITIES
Long-Term Debt	$1.224B	$1.380B
YoY Change	-11.31%	12.05%
Other Long-Term Liabilities	$9.100M	$4.200M
YoY Change	116.67%	16.67%
Total Long-Term Liabilities	$1.233B	$1.384B
YoY Change	-10.92%	12.06%
TOTAL LIABILITIES
Total Short-Term Liabilities	$12.70M	$11.10M
Total Long-Term Liabilities	$1.233B	$1.384B
Total Liabilities	$1.246B	$1.395B
YoY Change	-10.72%	12.02%
SHAREHOLDERS EQUITY
Retained Earnings	$2.816M	$827.0K
YoY Change	240.51%	-123.28%
Common Stock	$422.9M	$421.4M
YoY Change	0.37%	0.2%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$425.8M	$422.2M
YoY Change
Total Liabilities & Shareholders Equity	$1.671B	$1.818B
YoY Change	-8.04%	9.32%

Cashflow Statement

Concept	2019 Q2	2018 Q2
OPERATING ACTIVITIES
Net Income	$9.755M	$9.303M
YoY Change	4.86%	38.58%
Depreciation, Depletion And Amortization	$100.0K
YoY Change
Cash From Operating Activities	$9.500M	$8.400M
YoY Change	13.1%	23.53%
INVESTING ACTIVITIES
Capital Expenditures	-$300.0K
YoY Change
Acquisitions
YoY Change
Other Investing Activities	-$58.00M	-$71.30M
YoY Change	-18.65%	-73.42%
Cash From Investing Activities	-$58.30M	-$71.30M
YoY Change	-18.23%	-73.42%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	41.20M	62.80M
YoY Change	-34.39%	-71.8%
NET CHANGE
Cash From Operating Activities	9.500M	8.400M
Cash From Investing Activities	-58.30M	-71.30M
Cash From Financing Activities	41.20M	62.80M
Net Change In Cash	-7.600M	-100.0K
YoY Change	7500.0%	-99.74%
FREE CASH FLOW
Cash From Operating Activities	$9.500M	$8.400M
Capital Expenditures	-$300.0K
Free Cash Flow	$9.800M
YoY Change

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	acre	Percentage Of Loans Held For Investment Having Libor Floors PercentageOfLoansHeldForInvestmentHavingLIBORFloors	0.918
CY2018Q4	acre	Commitments Commitments	1677615000	USD
CY2019Q2	acre	Commitments Commitments	1703379000	USD
CY2019Q2	acre	Common Stock Subscription Agreement Shares Issued CommonStockSubscriptionAgreementSharesIssued	0	shares
	acre	Common Stock Subscription Agreement Shares Issued CommonStockSubscriptionAgreementSharesIssued	0	shares
	acre	Debt Issue Discount On Initial Draw Down DebtIssueDiscountOnInitialDrawDown	2600000	USD
	acre	Excise Taxes Rate ExciseTaxesRate	0.04
CY2018Q4	acre	Funded Commitments FundedCommitments	1534743000	USD
CY2019Q2	acre	Funded Commitments FundedCommitments	1497533000	USD
CY2018Q2	acre	General And Administrative Expenses Reimbursed To Affiliate GeneralAndAdministrativeExpensesReimbursedToAffiliate	830000	USD
	acre	General And Administrative Expenses Reimbursed To Affiliate GeneralAndAdministrativeExpensesReimbursedToAffiliate	1754000	USD
CY2019Q2	acre	General And Administrative Expenses Reimbursed To Affiliate GeneralAndAdministrativeExpensesReimbursedToAffiliate	771000	USD
	acre	General And Administrative Expenses Reimbursed To Affiliate GeneralAndAdministrativeExpensesReimbursedToAffiliate	1430000	USD
	acre	Loans Receivable Convertedto Real Estate Owned LoansReceivableConvertedtoRealEstateOwned	38636000	USD
	acre	Loans Receivable Description Of Variable Rate Basis Weighted Average Floor LoansReceivableDescriptionOfVariableRateBasisWeightedAverageFloor	0.0161
	acre	Mortgage Loans On Real Estate Amortizing Payments MortgageLoansOnRealEstateAmortizingPayments	0	USD
CY2018Q2	acre	Mortgage Loans On Real Estate Impairment Charges Recognized MortgageLoansOnRealEstateImpairmentChargesRecognized	0	USD
	acre	Mortgage Loans On Real Estate Impairment Charges Recognized MortgageLoansOnRealEstateImpairmentChargesRecognized	0	USD
CY2019Q2	acre	Mortgage Loans On Real Estate Impairment Charges Recognized MortgageLoansOnRealEstateImpairmentChargesRecognized	0	USD
	acre	Mortgage Loans On Real Estate Impairment Charges Recognized MortgageLoansOnRealEstateImpairmentChargesRecognized	0	USD
	acre	Mortgage Loans On Real Estate Loan Paid Off MortgageLoansOnRealEstateLoanPaidOff	248362000	USD
	acre	Mortgage Loans On Real Estate Number Of Loans Repaid MortgageLoansOnRealEstateNumberOfLoansRepaid	82	Loan
	acre	Mortgage Loans On Real Estate Receipt Of Origination Fee MortgageLoansOnRealEstateReceiptOfOriginationFee	3161000	USD
CY2018	acre	Mortgage Loans On Real Estate Remaining Life MortgageLoansOnRealEstateRemainingLife	P1Y9M
	acre	Mortgage Loans On Real Estate Remaining Life MortgageLoansOnRealEstateRemainingLife	P1Y8M12D
CY2019Q2	acre	Mortgage Loans On Real Estate Total Commitment Amount MortgageLoansOnRealEstateTotalCommitmentAmount	1700000000	USD
	acre	Related Party Transactions Management Fee Look Back Period RelatedPartyTransactionsManagementFeeLookBackPeriod	P24M
	acre	Related Party Transactions Management Fee Renewal Term RelatedPartyTransactionsManagementFeeRenewalTerm	P1Y
CY2019Q2	acre	Mortgage Loans On Real Estate Total Commitment Amount Excluding Noncontrolling Interest MortgageLoansOnRealEstateTotalCommitmentAmountExcludingNoncontrollingInterest	1500000000	USD
CY2018Q4	acre	Mortgage Loans On Real Estate Total Commitment Amount Including Noncontrolling Interest MortgageLoansOnRealEstateTotalCommitmentAmountIncludingNoncontrollingInterest	1524873000	USD
CY2019Q2	acre	Mortgage Loans On Real Estate Total Commitment Amount Including Noncontrolling Interest MortgageLoansOnRealEstateTotalCommitmentAmountIncludingNoncontrollingInterest	1487735000	USD
CY2018	acre	Mortgage Loans On Real Estate Unleveraged Effective Yield MortgageLoansOnRealEstateUnleveragedEffectiveYield	0.071
	acre	Mortgage Loans On Real Estate Unleveraged Effective Yield MortgageLoansOnRealEstateUnleveragedEffectiveYield	0.072
	acre	Mortgage Loans Receivable Convertedto Real Estate Owned Number MortgageLoansReceivableConvertedtoRealEstateOwnedNumber	1	loan_converted
CY2018Q2	acre	Operating Expenses From Real Estate Owned OperatingExpensesFromRealEstateOwned	0	USD
	acre	Operating Expenses From Real Estate Owned OperatingExpensesFromRealEstateOwned	0	USD
CY2019Q2	acre	Operating Expenses From Real Estate Owned OperatingExpensesFromRealEstateOwned	7118000	USD
	acre	Operating Expenses From Real Estate Owned OperatingExpensesFromRealEstateOwned	8806000	USD
CY2018Q2	acre	Operating Revenuefrom Real Estate Owned OperatingRevenuefromRealEstateOwned	0	USD
	acre	Operating Revenuefrom Real Estate Owned OperatingRevenuefromRealEstateOwned	0	USD
CY2019Q2	acre	Operating Revenuefrom Real Estate Owned OperatingRevenuefromRealEstateOwned	8357000	USD
	acre	Operating Revenuefrom Real Estate Owned OperatingRevenuefromRealEstateOwned	10267000	USD
	acre	Payments Of Secured Funding Costs PaymentsOfSecuredFundingCosts	715000	USD
	acre	Payments Of Secured Funding Costs PaymentsOfSecuredFundingCosts	4877000	USD
	acre	Payments To Acquire Loans Held For Investment Including Non Cash Upsize And Excluding Capitalized Funding PaymentsToAcquireLoansHeldForInvestmentIncludingNonCashUpsizeAndExcludingCapitalizedFunding	249800000	USD
CY2018Q4	acre	Unfunded Commitments UnfundedCommitments	142872000	USD
CY2019Q2	acre	Unfunded Commitments UnfundedCommitments	205846000	USD
CY2018Q4	acre	Variable Interest Entity Collateralized Loan Obligation Securities Long Term Debt VariableInterestEntityCollateralizedLoanObligationSecuritiesLongTermDebt	270737000	USD
CY2019Q2	acre	Variable Interest Entity Collateralized Loan Obligation Securities Long Term Debt VariableInterestEntityCollateralizedLoanObligationSecuritiesLongTermDebt	442715000	USD
CY2018Q4	acre	Variable Interest Entity Due To Current And Noncurrent VariableInterestEntityDueToCurrentAndNoncurrent	541000	USD
CY2019Q2	acre	Variable Interest Entity Due To Current And Noncurrent VariableInterestEntityDueToCurrentAndNoncurrent	820000	USD
CY2018Q4	acre	Variable Interest Entity Mortgage Loans On Real Estate Commercial And Consumer Net VariableInterestEntityMortgageLoansOnRealEstateCommercialAndConsumerNet	289576000	USD
CY2019Q2	acre	Variable Interest Entity Mortgage Loans On Real Estate Commercial And Consumer Net VariableInterestEntityMortgageLoansOnRealEstateCommercialAndConsumerNet	434187000	USD
CY2018Q4	acre	Variable Interest Entity Other Assets VariableInterestEntityOtherAssets	843000	USD
CY2019Q2	acre	Variable Interest Entity Other Assets VariableInterestEntityOtherAssets	1413000	USD
CY2018Q4	acre	Variable Interest Entity Other Assets Certificates Receivable VariableInterestEntityOtherAssetsCertificatesReceivable	51582000	USD
CY2019Q2	acre	Variable Interest Entity Other Assets Certificates Receivable VariableInterestEntityOtherAssetsCertificatesReceivable	122813000	USD
	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q2
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2019
	dei	Document Period End Date DocumentPeriodEndDate	2019-06-30
	dei	Document Type DocumentType	10-Q
	dei	Entity Central Index Key EntityCentralIndexKey	0001529377
CY2019Q3	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	28868735	shares
	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
	dei	Entity Filer Category EntityFilerCategory	Accelerated Filer
	dei	Entity Registrant Name EntityRegistrantName	Ares Commercial Real Estate Corp
	dei	Entity Shell Company EntityShellCompany	false
	dei	Entity Small Business EntitySmallBusiness	false
	srt	Mortgage Loans On Real Estate Collections Of Principal MortgageLoansOnRealEstateCollectionsOfPrincipal	248400000	USD
CY2018Q4	srt	Mortgage Loans On Real Estate Face Amount Of Mortgages MortgageLoansOnRealEstateFaceAmountOfMortgages	1534743000	USD
CY2019Q2	srt	Mortgage Loans On Real Estate Face Amount Of Mortgages MortgageLoansOnRealEstateFaceAmountOfMortgages	1497500000	USD
CY2019Q2	srt	Mortgage Loans On Real Estate Face Amount Of Mortgages MortgageLoansOnRealEstateFaceAmountOfMortgages	1497533000	USD
	srt	Mortgage Loans On Real Estate Number Of Loans MortgageLoansOnRealEstateNumberOfLoans	45	Loan
CY2018Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	421739000	USD
CY2019Q2	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	422658000	USD
CY2018Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	234000	USD
CY2018Q2	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	215000	USD
CY2018Q3	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	329000	USD
CY2018Q4	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	324000	USD
CY2019Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	492000	USD
CY2019Q2	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	427000	USD
	us-gaap	Amortization Of Deferred Loan Origination Fees Net AmortizationOfDeferredLoanOriginationFeesNet	3355000	USD
	us-gaap	Amortization Of Deferred Loan Origination Fees Net AmortizationOfDeferredLoanOriginationFeesNet	3232000	USD
	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	2906000	USD
	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	3317000	USD
CY2018Q4	us-gaap	Assets Assets	1603324000	USD
CY2019Q2	us-gaap	Assets Assets	1671447000	USD
CY2018Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	5045000	USD
CY2018Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	11089000	USD
CY2019Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	5215000	USD
CY2017Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	28722000	USD
CY2018Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	5424000	USD
CY2018Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	11468000	USD
CY2019Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	5594000	USD
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-23298000	USD
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-5874000	USD
CY2018Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2019Q2	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2018Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.28
CY2018Q2	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.28
CY2019Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.33
CY2019Q2	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.33
CY2018Q2	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.28
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.56
CY2019Q2	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.33
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.66
CY2018Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2019Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2018Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	450000000	shares
CY2019Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	450000000	shares
CY2018Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	28755665	shares
CY2019Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	28868735	shares
CY2018Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	28755665	shares
CY2018Q4	us-gaap	Common Stock Value CommonStockValue	283000	USD
CY2019Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	28868735	shares
CY2019Q2	us-gaap	Common Stock Value CommonStockValue	283000	USD
CY2018Q2	us-gaap	Costs And Expenses Related Party CostsAndExpensesRelatedParty	2173000	USD
	us-gaap	Costs And Expenses Related Party CostsAndExpensesRelatedParty	3731000	USD
CY2019Q2	us-gaap	Costs And Expenses Related Party CostsAndExpensesRelatedParty	2252000	USD
	us-gaap	Costs And Expenses Related Party CostsAndExpensesRelatedParty	3826000	USD
CY2018Q4	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	887974000	USD
CY2019Q2	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	783679000	USD
	us-gaap	Depreciation Depreciation	0	USD
	us-gaap	Depreciation Depreciation	242000	USD
CY2018Q1	us-gaap	Dividends Cash DividendsCash	8008000	USD
CY2018Q2	us-gaap	Dividends Cash DividendsCash	8036000	USD
CY2019Q1	us-gaap	Dividends Cash DividendsCash	9520000	USD
CY2019Q2	us-gaap	Dividends Cash DividendsCash	9527000	USD
CY2018Q1	us-gaap	Dividends Cash DividendsCash	8008000	USD
CY2018Q2	us-gaap	Dividends Cash DividendsCash	8036000	USD
	us-gaap	Dividends Cash DividendsCash	16044000	USD
CY2018Q3	us-gaap	Dividends Cash DividendsCash	8323000	USD
CY2018Q4	us-gaap	Dividends Cash DividendsCash	8914000	USD
CY2019Q1	us-gaap	Dividends Cash DividendsCash	9520000	USD
CY2019Q2	us-gaap	Dividends Cash DividendsCash	9527000	USD
	us-gaap	Dividends Cash DividendsCash	19047000	USD
CY2018Q4	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	8914000	USD
CY2019Q2	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	9527000	USD
CY2018Q4	us-gaap	Due To Related Parties Current And Noncurrent DueToRelatedPartiesCurrentAndNoncurrent	3163000	USD
CY2019Q2	us-gaap	Due To Related Parties Current And Noncurrent DueToRelatedPartiesCurrentAndNoncurrent	3163000	USD
CY2018Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	789000	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	1563000	USD
CY2019Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	1029000	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	2148000	USD
CY2018Q2	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	9303000	USD
	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	18621000	USD
CY2019Q2	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	9755000	USD
	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	18296000	USD
CY2018Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	9389000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	18789000	USD
CY2019Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	9973000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	18610000	USD
CY2018Q2	us-gaap	Income Loss From Continuing Operations Per Basic Share IncomeLossFromContinuingOperationsPerBasicShare	0.33
	us-gaap	Income Loss From Continuing Operations Per Basic Share IncomeLossFromContinuingOperationsPerBasicShare	0.65
CY2019Q2	us-gaap	Income Loss From Continuing Operations Per Basic Share IncomeLossFromContinuingOperationsPerBasicShare	0.34
	us-gaap	Income Loss From Continuing Operations Per Basic Share IncomeLossFromContinuingOperationsPerBasicShare	0.64
CY2018Q2	us-gaap	Income Loss From Continuing Operations Per Diluted Share IncomeLossFromContinuingOperationsPerDilutedShare	0.33
	us-gaap	Income Loss From Continuing Operations Per Diluted Share IncomeLossFromContinuingOperationsPerDilutedShare	0.65
CY2019Q2	us-gaap	Income Loss From Continuing Operations Per Diluted Share IncomeLossFromContinuingOperationsPerDilutedShare	0.34
	us-gaap	Income Loss From Continuing Operations Per Diluted Share IncomeLossFromContinuingOperationsPerDilutedShare	0.63
CY2018Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	86000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	168000	USD
CY2019Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	218000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	314000	USD
	us-gaap	Increase Decrease In Due To Affiliates IncreaseDecreaseInDueToAffiliates	461000	USD
	us-gaap	Increase Decrease In Due To Affiliates IncreaseDecreaseInDueToAffiliates	0	USD
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	1103000	USD
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	3103000	USD
	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	146000	USD
	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	-104000	USD
CY2018Q2	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	93533	shares
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	98282	shares
CY2019Q2	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	264483	shares
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	241943	shares
CY2018Q2	us-gaap	Interest And Fee Income Loans And Leases Held In Portfolio InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio	29604000	USD
	us-gaap	Interest And Fee Income Loans And Leases Held In Portfolio InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio	57040000	USD
CY2019Q2	us-gaap	Interest And Fee Income Loans And Leases Held In Portfolio InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio	29993000	USD
	us-gaap	Interest And Fee Income Loans And Leases Held In Portfolio InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio	57979000	USD
CY2018Q2	us-gaap	Interest Expense Borrowings InterestExpenseBorrowings	15968000	USD
	us-gaap	Interest Expense Borrowings InterestExpenseBorrowings	30267000	USD
CY2019Q2	us-gaap	Interest Expense Borrowings InterestExpenseBorrowings	16675000	USD
	us-gaap	Interest Expense Borrowings InterestExpenseBorrowings	32415000	USD
CY2018Q2	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	13636000	USD
	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	26773000	USD
CY2019Q2	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	13318000	USD
	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	25564000	USD
CY2018Q4	us-gaap	Liabilities Liabilities	1177737000	USD
CY2019Q2	us-gaap	Liabilities Liabilities	1245690000	USD
CY2018Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1603324000	USD
CY2019Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1671447000	USD
CY2018Q4	us-gaap	Line Of Credit LineOfCredit	777974000	USD
CY2019Q2	us-gaap	Line Of Credit LineOfCredit	617524000	USD
CY2018Q4	us-gaap	Line Of Credit Facility Maximum Borrowing Capacity LineOfCreditFacilityMaximumBorrowingCapacity	1475989000	USD
CY2019Q2	us-gaap	Line Of Credit Facility Maximum Borrowing Capacity LineOfCreditFacilityMaximumBorrowingCapacity	1447944000	USD
CY2018Q4	us-gaap	Mortgage Loans On Real Estate Commercial And Consumer Net MortgageLoansOnRealEstateCommercialAndConsumerNet	1524873000	USD
CY2019Q2	us-gaap	Mortgage Loans On Real Estate Commercial And Consumer Net MortgageLoansOnRealEstateCommercialAndConsumerNet	1487735000	USD
CY2019Q2	us-gaap	Mortgage Loans On Real Estate Commercial And Consumer Net MortgageLoansOnRealEstateCommercialAndConsumerNet	1487700000	USD
	us-gaap	Mortgage Loans On Real Estate New Mortgage Loans MortgageLoansOnRealEstateNewMortgageLoans	145504000	USD
	us-gaap	Mortgage Loans On Real Estate Other Additions MortgageLoansOnRealEstateOtherAdditions	104285000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	26218000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	45067000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-67641000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-67276000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	18125000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	16335000	USD
CY2018Q1	us-gaap	Net Income Loss NetIncomeLoss	9318000	USD
CY2018Q2	us-gaap	Net Income Loss NetIncomeLoss	9303000	USD
	us-gaap	Net Income Loss NetIncomeLoss	18621000	USD
	us-gaap	Payments To Acquire Real Estate Held For Investment PaymentsToAcquireRealEstateHeldForInvestment	252000	USD
CY2018Q3	us-gaap	Net Income Loss NetIncomeLoss	9956000	USD
CY2018Q4	us-gaap	Net Income Loss NetIncomeLoss	10019000	USD
	us-gaap	Payments To Acquire Loans Held For Investment PaymentsToAcquireLoansHeldForInvestment	257120000	USD
	us-gaap	Payments To Acquire Loans Held For Investment PaymentsToAcquireLoansHeldForInvestment	247313000	USD
CY2019Q1	us-gaap	Net Income Loss NetIncomeLoss	8543000	USD
CY2019Q2	us-gaap	Net Income Loss NetIncomeLoss	9755000	USD
	us-gaap	Net Income Loss NetIncomeLoss	18296000	USD
CY2018Q2	us-gaap	Noninterest Expense NoninterestExpense	4247000	USD
	us-gaap	Noninterest Expense NoninterestExpense	7984000	USD
CY2019Q2	us-gaap	Noninterest Expense NoninterestExpense	11702000	USD
	us-gaap	Noninterest Expense NoninterestExpense	17221000	USD
CY2018Q4	us-gaap	Notes Payable NotesPayable	0	USD
CY2019Q2	us-gaap	Notes Payable NotesPayable	54960000	USD
CY2018Q4	us-gaap	Other Assets OtherAssets	66983000	USD
CY2019Q2	us-gaap	Other Assets OtherAssets	141227000	USD
CY2018Q4	us-gaap	Other Liabilities OtherLiabilities	8604000	USD
CY2019Q2	us-gaap	Other Liabilities OtherLiabilities	9066000	USD
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	15729000	USD
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	18434000	USD
	us-gaap	Payments To Acquire Real Estate Held For Investment PaymentsToAcquireRealEstateHeldForInvestment	0	USD
	us-gaap	Proceeds From Collection Of Loans Receivable ProceedsFromCollectionOfLoansReceivable	186548000	USD
	us-gaap	Proceeds From Collection Of Loans Receivable ProceedsFromCollectionOfLoansReceivable	177131000	USD
	us-gaap	Proceeds From Issuance Of Secured Debt ProceedsFromIssuanceOfSecuredDebt	366972000	USD
	us-gaap	Proceeds From Issuance Of Secured Debt ProceedsFromIssuanceOfSecuredDebt	279398000	USD
	us-gaap	Proceeds From Loan And Lease Originations And Principal Collections1 ProceedsFromLoanAndLeaseOriginationsAndPrincipalCollections1	2931000	USD
	us-gaap	Proceeds From Loan And Lease Originations And Principal Collections1 ProceedsFromLoanAndLeaseOriginationsAndPrincipalCollections1	3158000	USD
	us-gaap	Proceeds From Notes Payable ProceedsFromNotesPayable	0	USD
	us-gaap	Proceeds From Notes Payable ProceedsFromNotesPayable	56155000	USD
	us-gaap	Proceeds From Related Party Debt ProceedsFromRelatedPartyDebt	0	USD
	us-gaap	Proceeds From Related Party Debt ProceedsFromRelatedPartyDebt	172673000	USD
CY2018Q2	us-gaap	Professional Fees ProfessionalFees	455000	USD
	us-gaap	Professional Fees ProfessionalFees	936000	USD
CY2019Q2	us-gaap	Professional Fees ProfessionalFees	532000	USD
	us-gaap	Professional Fees ProfessionalFees	1011000	USD
CY2018Q4	us-gaap	Real Estate Acquired Through Foreclosure RealEstateAcquiredThroughForeclosure	0	USD
CY2019Q2	us-gaap	Real Estate Acquired Through Foreclosure RealEstateAcquiredThroughForeclosure	36891000	USD
	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	324310000	USD
	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	439848000	USD
CY2018Q2	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	379000	USD
CY2018Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	379000	USD
CY2019Q2	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	379000	USD
CY2018Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	3565000	USD
CY2019Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	2816000	USD
CY2018Q2	us-gaap	Revenues Revenues	13636000	USD
	us-gaap	Revenues Revenues	26773000	USD
CY2019Q2	us-gaap	Revenues Revenues	21675000	USD
	us-gaap	Revenues Revenues	35831000	USD
CY2018Q4	us-gaap	Secured Debt SecuredDebt	108345000	USD
CY2019Q2	us-gaap	Secured Debt SecuredDebt	108735000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	449000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	919000	USD
CY2018Q4	us-gaap	Stockholders Equity StockholdersEquity	425587000	USD
CY2019Q2	us-gaap	Stockholders Equity StockholdersEquity	425757000	USD
CY2017Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	419170000	USD
CY2018Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	420714000	USD
CY2018Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	422196000	USD
CY2018Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	424158000	USD
CY2018Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	425587000	USD
CY2019Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	425102000	USD
CY2019Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	425757000	USD
CY2018Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	28618308	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	28608666	shares
CY2019Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	28863765	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	28822601	shares
CY2018Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	28524775	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	28510384	shares
CY2019Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	28599282	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	28580658	shares

Files In Submission

Name	View Source	Status
0001529377-19-000066-index-headers.html	Edgar Link	pending
0001529377-19-000066-index.html	Edgar Link	pending
0001529377-19-000066.txt	Edgar Link	pending
0001529377-19-000066-xbrl.zip	Edgar Link	pending
acre-20190630.xml	Edgar Link	completed
acre-20190630.xsd	Edgar Link	pending
acre-20190630_cal.xml	Edgar Link	unprocessable
acre-20190630_def.xml	Edgar Link	unprocessable
acre-20190630_lab.xml	Edgar Link	unprocessable
acre-20190630_pre.xml	Edgar Link	unprocessable
acre01.jpg	Edgar Link	pending
acreq2-1910q.htm	Edgar Link	pending
acreq2-19exhibit311.htm	Edgar Link	pending
acreq2-19exhibit312.htm	Edgar Link	pending
acreq2-19exhibit321.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
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R54.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

2019 Q2 Form 10-Q Financial Statement

#000152937719000066 Filed on July 26, 2019

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$ACRE Ares Commercial Real Estate Corp Stock $acre

2019 Q2 Form 10-Q Financial Statement

#000152937719000066 Filed on July 26, 2019

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$ACRE
Ares Commercial Real Estate Corp Stock $acre