$ACRE
Ares Commercial Real Estate Corp Stock $acre

$acre Overview Financials Valuation SEC Filings Company Website

2019 Q4 Form 10-Q Financial Statement

#000152937719000078 Filed on November 08, 2019

Income Statement

Concept	2019 Q4	2019 Q3	2018 Q3
Revenue	$13.49M	$19.85M	$13.98M
YoY Change	-7.11%	41.93%	-5.04%
Cost Of Revenue	$17.42M	$17.12M	$17.95M
YoY Change	-5.68%	-4.62%	16.71%
Gross Profit	$19.21M	$17.85M	$12.41M
YoY Change	54.79%	43.84%	-5.77%
Gross Profit Margin	142.38%	89.94%	88.74%
Selling, General & Admin	$9.140M	$8.590M	$2.220M
YoY Change	288.94%	286.94%	7.77%
% of Gross Profit	47.58%	48.12%	17.89%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$300.0K	$200.0K
YoY Change
% of Gross Profit	1.56%	1.12%
Operating Expenses	$9.360M	$8.800M	$2.220M
YoY Change	298.3%	296.4%	7.77%
Operating Profit	$9.850M	$9.050M	$10.19M
YoY Change	-2.09%	-11.19%	-8.28%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income	$9.840M	$9.053M	$10.19M
YoY Change	-2.19%	-11.18%	-8.27%
Income Tax	$180.0K	$19.00K	$236.0K
% Of Pretax Income	1.83%	0.21%	2.32%
Net Earnings	$9.660M	$9.034M	$9.957M
YoY Change	-3.57%	-9.27%	-9.96%
Net Earnings / Revenue	71.6%	45.52%	71.2%
Basic Earnings Per Share
Diluted Earnings Per Share	$334.6K	$312.8K	$347.0K
COMMON SHARES
Basic Shares Outstanding	28.87M shares	28.63M shares	28.54M shares
Diluted Shares Outstanding		28.87M shares	28.70M shares

Balance Sheet

Concept	2019 Q4	2019 Q3	2018 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$5.300M	$6.000M	$5.000M
YoY Change	-52.25%	20.0%	-82.27%
Cash & Equivalents	$5.256M	$5.952M	$5.034M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets	$5.300M	$6.000M	$5.000M
YoY Change	-52.25%	20.0%	-82.27%
LONG-TERM ASSETS
Property, Plant & Equipment	$37.90M	$38.00M
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$1.683B	$1.538B	$1.659B
YoY Change	10.34%	-7.26%	7.49%
Other Assets	$400.0K	$400.0K	$400.0K
YoY Change	0.0%	0.0%	0.0%
Total Long-Term Assets	$1.779B	$1.669B	$1.727B
YoY Change	11.72%	-3.35%	10.73%
TOTAL ASSETS
Total Short-Term Assets	$5.300M	$6.000M	$5.000M
Total Long-Term Assets	$1.779B	$1.669B	$1.727B
Total Assets	$1.784B	$1.675B	$1.732B
YoY Change	11.28%	-3.28%	9.07%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$12.30M	$12.20M	$10.80M
YoY Change	1.65%	12.96%	4.85%
LONG-TERM LIABILITIES
Long-Term Debt	$1.336B	$1.227B	$1.292B
YoY Change	15.43%	-5.03%	12.05%
Other Long-Term Liabilities	$9.900M	$9.900M	$4.600M
YoY Change	15.12%	115.22%	24.32%
Total Long-Term Liabilities	$1.346B	$1.237B	$1.297B
YoY Change	15.42%	-4.6%	12.09%
TOTAL LIABILITIES
Total Short-Term Liabilities	$12.30M	$12.20M	$10.80M
Total Long-Term Liabilities	$1.346B	$1.237B	$1.297B
Total Liabilities	$1.358B	$1.249B	$1.307B
YoY Change	15.29%	-4.47%	12.03%
SHAREHOLDERS EQUITY
Retained Earnings	$2.437M	$2.324M	$2.460M
YoY Change	-31.64%	-5.53%	-1265.88%
Common Stock	$423.9M	$423.4M	$421.7M
YoY Change	0.45%	0.41%	0.23%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$426.3M	$425.7M	$424.2M
YoY Change
Total Liabilities & Shareholders Equity	$1.784B	$1.675B	$1.732B
YoY Change	11.28%	-3.28%	9.07%

Cashflow Statement

Concept	2019 Q4	2019 Q3	2018 Q3
OPERATING ACTIVITIES
Net Income	$9.660M	$9.034M	$9.957M
YoY Change	-3.57%	-9.27%	-9.96%
Depreciation, Depletion And Amortization	$300.0K	$200.0K
YoY Change
Cash From Operating Activities	$7.600M	$8.600M	$10.20M
YoY Change	-30.28%	-15.69%	-6.42%
INVESTING ACTIVITIES
Capital Expenditures	-$100.0K	-$1.300M
YoY Change
Acquisitions
YoY Change
Other Investing Activities	-$106.5M	$800.0K	$86.20M
YoY Change	-176.45%	-99.07%	-14.23%
Cash From Investing Activities	-$106.6M	-$500.0K	$86.20M
YoY Change	-176.53%	-100.58%	-14.23%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	98.30M	-7.300M	-96.40M
YoY Change	-168.17%	-92.43%	8.56%
NET CHANGE
Cash From Operating Activities	7.600M	8.600M	10.20M
Cash From Investing Activities	-106.6M	-500.0K	86.20M
Cash From Financing Activities	98.30M	-7.300M	-96.40M
Net Change In Cash	-700.0K	800.0K	-0.00000001490
YoY Change	-111.67%	-5368709120000058.0%	-100.0%
FREE CASH FLOW
Cash From Operating Activities	$7.600M	$8.600M	$10.20M
Capital Expenditures	-$100.0K	-$1.300M
Free Cash Flow	$7.700M	$9.900M
YoY Change	-29.36%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	acre	Related Party Transactions Management Fee Renewal Term RelatedPartyTransactionsManagementFeeRenewalTerm	P1Y
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q3
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2019
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.85
CY2018Q4	acre	Commitments Commitments	1677615000	USD
CY2018Q3	acre	Mortgage Loans On Real Estate Impairment Charges Recognized MortgageLoansOnRealEstateImpairmentChargesRecognized	0	USD
	acre	Mortgage Loans On Real Estate Impairment Charges Recognized MortgageLoansOnRealEstateImpairmentChargesRecognized	0	USD
CY2019Q3	acre	Commitments Commitments	1775455000	USD
CY2019Q3	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
CY2019Q3	acre	Funded Commitments FundedCommitments	1548224000	USD
CY2018Q3	acre	General And Administrative Expenses Reimbursed To Affiliate GeneralAndAdministrativeExpensesReimbursedToAffiliate	870000	USD
	acre	General And Administrative Expenses Reimbursed To Affiliate GeneralAndAdministrativeExpensesReimbursedToAffiliate	2624000	USD
CY2019Q3	acre	General And Administrative Expenses Reimbursed To Affiliate GeneralAndAdministrativeExpensesReimbursedToAffiliate	831000	USD
	acre	General And Administrative Expenses Reimbursed To Affiliate GeneralAndAdministrativeExpensesReimbursedToAffiliate	2261000	USD
	acre	Loans Receivable Convertedto Real Estate Owned LoansReceivableConvertedtoRealEstateOwned	38636000	USD
	acre	Loans Receivable Description Of Variable Rate Basis Weighted Average Floor LoansReceivableDescriptionOfVariableRateBasisWeightedAverageFloor	0.0169
	acre	Mortgage Loans On Real Estate Amortizing Payments MortgageLoansOnRealEstateAmortizingPayments	0	USD
CY2019Q3	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	367033000	USD
	acre	Mortgage Loans On Real Estate Number Of Loans Repaid MortgageLoansOnRealEstateNumberOfLoansRepaid	85	Loan
	acre	Mortgage Loans On Real Estate Receipt Of Origination Fee MortgageLoansOnRealEstateReceiptOfOriginationFee	4984000	USD
CY2018	acre	Mortgage Loans On Real Estate Remaining Life MortgageLoansOnRealEstateRemainingLife	P1Y9M18D
	acre	Mortgage Loans On Real Estate Remaining Life MortgageLoansOnRealEstateRemainingLife	P1Y7M6D
CY2019Q3	acre	Mortgage Loans On Real Estate Total Commitment Amount MortgageLoansOnRealEstateTotalCommitmentAmount	1800000000	USD
CY2019Q3	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
CY2019Q3	acre	Mortgage Loans On Real Estate Total Commitment Amount Including Noncontrolling Interest MortgageLoansOnRealEstateTotalCommitmentAmountIncludingNoncontrollingInterest	1538393000	USD
CY2018	acre	Mortgage Loans On Real Estate Unleveraged Effective Yield MortgageLoansOnRealEstateUnleveragedEffectiveYield	0.071
	acre	Mortgage Loans On Real Estate Unleveraged Effective Yield MortgageLoansOnRealEstateUnleveragedEffectiveYield	0.069
	acre	Mortgage Loans Receivable Convertedto Real Estate Owned Number MortgageLoansReceivableConvertedtoRealEstateOwnedNumber	1	loan_converted
CY2018Q3	acre	Net Income Loss Attributableto Parent1 NetIncomeLossAttributabletoParent1	9956000	USD
CY2018Q3	acre	Operating Expenses From Real Estate Owned OperatingExpensesFromRealEstateOwned	0	USD
	acre	Operating Expenses From Real Estate Owned OperatingExpensesFromRealEstateOwned	0	USD
CY2019Q3	acre	Operating Expenses From Real Estate Owned OperatingExpensesFromRealEstateOwned	6838000	USD
	acre	Operating Expenses From Real Estate Owned OperatingExpensesFromRealEstateOwned	15644000	USD
CY2018Q3	acre	Operating Revenuefrom Real Estate Owned OperatingRevenuefromRealEstateOwned	0	USD
	acre	Operating Revenuefrom Real Estate Owned OperatingRevenuefromRealEstateOwned	0	USD
CY2019Q3	acre	Operating Revenuefrom Real Estate Owned OperatingRevenuefromRealEstateOwned	6702000	USD
	acre	Operating Revenuefrom Real Estate Owned OperatingRevenuefromRealEstateOwned	16970000	USD
	acre	Payments Of Secured Funding Costs PaymentsOfSecuredFundingCosts	924000	USD
	acre	Payments Of Secured Funding Costs PaymentsOfSecuredFundingCosts	5124000	USD
	acre	Payments To Acquire Loans Held For Investment Including Non Cash Upsize And Excluding Capitalized Funding PaymentsToAcquireLoansHeldForInvestmentIncludingNonCashUpsizeAndExcludingCapitalizedFunding	419200000	USD
	acre	Percentage Of Loans Held For Investment Having Libor Floors PercentageOfLoansHeldForInvestmentHavingLIBORFloors	0.924
	acre	Related Party Transactions Management Fee Look Back Period RelatedPartyTransactionsManagementFeeLookBackPeriod	P24M
CY2018Q4	acre	Unfunded Commitments UnfundedCommitments	142872000	USD
CY2019Q3	acre	Unfunded Commitments UnfundedCommitments	227231000	USD
CY2018Q4	acre	Variable Interest Entity Collateralized Loan Obligation Securities Long Term Debt VariableInterestEntityCollateralizedLoanObligationSecuritiesLongTermDebt	270737000	USD
CY2019Q3	acre	Variable Interest Entity Collateralized Loan Obligation Securities Long Term Debt VariableInterestEntityCollateralizedLoanObligationSecuritiesLongTermDebt	442916000	USD
CY2018Q4	acre	Variable Interest Entity Due To Current And Noncurrent VariableInterestEntityDueToCurrentAndNoncurrent	541000	USD
CY2019Q3	acre	Variable Interest Entity Due To Current And Noncurrent VariableInterestEntityDueToCurrentAndNoncurrent	753000	USD
CY2018Q4	acre	Variable Interest Entity Mortgage Loans On Real Estate Commercial And Consumer Net VariableInterestEntityMortgageLoansOnRealEstateCommercialAndConsumerNet	289576000	USD
CY2019Q3	acre	Variable Interest Entity Mortgage Loans On Real Estate Commercial And Consumer Net VariableInterestEntityMortgageLoansOnRealEstateCommercialAndConsumerNet	521489000	USD
CY2018Q4	acre	Variable Interest Entity Other Assets VariableInterestEntityOtherAssets	843000	USD
CY2019Q3	acre	Variable Interest Entity Other Assets VariableInterestEntityOtherAssets	1269000	USD
CY2018Q4	acre	Variable Interest Entity Other Assets Certificates Receivable VariableInterestEntityOtherAssetsCertificatesReceivable	51582000	USD
CY2019Q3	acre	Variable Interest Entity Other Assets Certificates Receivable VariableInterestEntityOtherAssetsCertificatesReceivable	35511000	USD
	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Document Period End Date DocumentPeriodEndDate	2019-09-30
	dei	Document Type DocumentType	10-Q
	dei	Entity Central Index Key EntityCentralIndexKey	0001529377
CY2019Q4	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	28865610	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	367000000	USD
CY2018Q4	srt	Mortgage Loans On Real Estate Face Amount Of Mortgages MortgageLoansOnRealEstateFaceAmountOfMortgages	1534743000	USD
CY2019Q3	srt	Mortgage Loans On Real Estate Face Amount Of Mortgages MortgageLoansOnRealEstateFaceAmountOfMortgages	1548200000	USD
CY2019Q3	srt	Mortgage Loans On Real Estate Face Amount Of Mortgages MortgageLoansOnRealEstateFaceAmountOfMortgages	1548224000	USD
	srt	Mortgage Loans On Real Estate Number Of Loans MortgageLoansOnRealEstateNumberOfLoans	47	Loan
CY2018Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	421739000	USD
CY2019Q3	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	423137000	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
CY2019Q3	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	479000	USD
	us-gaap	Amortization Of Deferred Loan Origination Fees Net AmortizationOfDeferredLoanOriginationFeesNet	5542000	USD
	us-gaap	Amortization Of Deferred Loan Origination Fees Net AmortizationOfDeferredLoanOriginationFeesNet	5022000	USD
	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	4317000	USD
	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	4954000	USD
CY2018Q4	us-gaap	Assets Assets	1603324000	USD
CY2019Q3	us-gaap	Assets Assets	1674697000	USD
CY2019Q3	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.33
CY2018Q3	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.29
CY2018Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	5034000	USD
CY2018Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	11089000	USD
CY2019Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	5952000	USD
CY2017Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	28722000	USD
CY2018Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	5413000	USD
CY2018Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	11468000	USD
CY2019Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	6331000	USD
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-23309000	USD
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-5137000	USD
CY2018Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2019Q3	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
CY2018Q3	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.29
CY2019Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.33
CY2019Q2	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.33
CY2019Q3	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.33
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.99
CY2018Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2019Q3	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2018Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	450000000	shares
CY2019Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	450000000	shares
CY2018Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	28865610	shares
CY2019Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	28865610	shares
CY2018Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	28755665	shares
CY2019Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	28755665	shares
CY2018Q4	us-gaap	Common Stock Value CommonStockValue	283000	USD
CY2019Q3	us-gaap	Common Stock Value CommonStockValue	283000	USD
CY2018Q3	us-gaap	Costs And Expenses Related Party CostsAndExpensesRelatedParty	1571000	USD
	us-gaap	Costs And Expenses Related Party CostsAndExpensesRelatedParty	5302000	USD
CY2019Q3	us-gaap	Costs And Expenses Related Party CostsAndExpensesRelatedParty	1578000	USD
	us-gaap	Costs And Expenses Related Party CostsAndExpensesRelatedParty	5405000	USD
CY2018Q4	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	887974000	USD
CY2019Q3	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	786185000	USD
	us-gaap	Depreciation Depreciation	0	USD
	us-gaap	Depreciation Depreciation	448000	USD
CY2018Q1	us-gaap	Dividends Cash DividendsCash	8008000	USD
CY2018Q2	us-gaap	Dividends Cash DividendsCash	8036000	USD
CY2018Q3	us-gaap	Dividends Cash DividendsCash	8323000	USD
CY2019Q1	us-gaap	Dividends Cash DividendsCash	9520000	USD
CY2019Q2	us-gaap	Dividends Cash DividendsCash	9527000	USD
CY2019Q3	us-gaap	Dividends Cash DividendsCash	9526000	USD
CY2018Q1	us-gaap	Dividends Cash DividendsCash	8008000	USD
CY2018Q2	us-gaap	Dividends Cash DividendsCash	8036000	USD
	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	27331000	USD
CY2018Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	10193000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	28980000	USD
CY2019Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	9053000	USD
CY2018Q3	us-gaap	Dividends Cash DividendsCash	8323000	USD
	us-gaap	Dividends Cash DividendsCash	24367000	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
CY2019Q3	us-gaap	Dividends Cash DividendsCash	9526000	USD
	us-gaap	Dividends Cash DividendsCash	28573000	USD
CY2018Q4	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	8914000	USD
CY2019Q3	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	9526000	USD
CY2018Q4	us-gaap	Due To Related Parties Current And Noncurrent DueToRelatedPartiesCurrentAndNoncurrent	3163000	USD
CY2019Q3	us-gaap	Due To Related Parties Current And Noncurrent DueToRelatedPartiesCurrentAndNoncurrent	2627000	USD
CY2018Q3	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	852000	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	2415000	USD
CY2019Q3	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	1005000	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	3153000	USD
CY2018Q3	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	9957000	USD
	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	28577000	USD
CY2019Q3	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	9034000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	27663000	USD
CY2018Q3	us-gaap	Income Loss From Continuing Operations Per Basic Share IncomeLossFromContinuingOperationsPerBasicShare	0.35
	us-gaap	Income Loss From Continuing Operations Per Basic Share IncomeLossFromContinuingOperationsPerBasicShare	1.00
CY2019Q3	us-gaap	Income Loss From Continuing Operations Per Basic Share IncomeLossFromContinuingOperationsPerBasicShare	0.32
	us-gaap	Income Loss From Continuing Operations Per Basic Share IncomeLossFromContinuingOperationsPerBasicShare	0.96
CY2018Q3	us-gaap	Income Loss From Continuing Operations Per Diluted Share IncomeLossFromContinuingOperationsPerDilutedShare	0.35
	us-gaap	Income Loss From Continuing Operations Per Diluted Share IncomeLossFromContinuingOperationsPerDilutedShare	1.00
CY2019Q3	us-gaap	Income Loss From Continuing Operations Per Diluted Share IncomeLossFromContinuingOperationsPerDilutedShare	0.31
	us-gaap	Income Loss From Continuing Operations Per Diluted Share IncomeLossFromContinuingOperationsPerDilutedShare	0.95
CY2018Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	236000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	403000	USD
CY2019Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	19000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	332000	USD
	us-gaap	Increase Decrease In Due To Affiliates IncreaseDecreaseInDueToAffiliates	-116000	USD
	us-gaap	Increase Decrease In Due To Affiliates IncreaseDecreaseInDueToAffiliates	-536000	USD
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	197000	USD
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	4305000	USD
	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	471000	USD
	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	608000	USD
CY2018Q3	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	155772	shares
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	117656	shares
CY2019Q3	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	233089	shares
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	238959	shares
CY2018Q3	us-gaap	Interest And Fee Income Loans And Leases Held In Portfolio InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio	30362000	USD
	us-gaap	Interest And Fee Income Loans And Leases Held In Portfolio InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio	87401000	USD
CY2019Q3	us-gaap	Interest And Fee Income Loans And Leases Held In Portfolio InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio	28269000	USD
	us-gaap	Interest And Fee Income Loans And Leases Held In Portfolio InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio	86248000	USD
CY2018Q3	us-gaap	Interest Expense Borrowings InterestExpenseBorrowings	16378000	USD
	us-gaap	Interest Expense Borrowings InterestExpenseBorrowings	46645000	USD
CY2019Q3	us-gaap	Interest Expense Borrowings InterestExpenseBorrowings	15124000	USD
	us-gaap	Interest Expense Borrowings InterestExpenseBorrowings	47539000	USD
CY2018Q3	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	13984000	USD
	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	40756000	USD
CY2019Q3	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	13145000	USD
	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	38709000	USD
CY2018Q4	us-gaap	Liabilities Liabilities	1177737000	USD
CY2019Q3	us-gaap	Liabilities Liabilities	1248953000	USD
CY2018Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1603324000	USD
CY2019Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1674697000	USD
CY2018Q4	us-gaap	Line Of Credit LineOfCredit	777974000	USD
CY2019Q3	us-gaap	Line Of Credit LineOfCredit	620030000	USD
CY2018Q4	us-gaap	Line Of Credit Facility Maximum Borrowing Capacity LineOfCreditFacilityMaximumBorrowingCapacity	1475989000	USD
CY2019Q3	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
CY2019Q3	us-gaap	Mortgage Loans On Real Estate Commercial And Consumer Net MortgageLoansOnRealEstateCommercialAndConsumerNet	1538393000	USD
CY2019Q3	us-gaap	Mortgage Loans On Real Estate Commercial And Consumer Net MortgageLoansOnRealEstateCommercialAndConsumerNet	1538400000	USD
	us-gaap	Mortgage Loans On Real Estate New Mortgage Loans MortgageLoansOnRealEstateNewMortgageLoans	289273000	USD
	us-gaap	Mortgage Loans On Real Estate Other Additions MortgageLoansOnRealEstateOtherAdditions	129878000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-70239000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	37799000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	18642000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-67812000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	28288000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	24876000	USD
CY2018Q1	us-gaap	Net Income Loss NetIncomeLoss	9318000	USD
CY2018Q2	us-gaap	Net Income Loss NetIncomeLoss	9303000	USD
CY2018Q3	us-gaap	Net Income Loss NetIncomeLoss	9957000	USD
	us-gaap	Net Income Loss NetIncomeLoss	28577000	USD
CY2018Q4	us-gaap	Net Income Loss NetIncomeLoss	10019000	USD
CY2019Q1	us-gaap	Net Income Loss NetIncomeLoss	8543000	USD
CY2019Q2	us-gaap	Net Income Loss NetIncomeLoss	9755000	USD
CY2019Q3	us-gaap	Net Income Loss NetIncomeLoss	9034000	USD
	us-gaap	Net Income Loss NetIncomeLoss	27331000	USD
CY2018Q3	us-gaap	Noninterest Expense NoninterestExpense	3791000	USD
	us-gaap	Noninterest Expense NoninterestExpense	11776000	USD
CY2019Q3	us-gaap	Noninterest Expense NoninterestExpense	10794000	USD
	us-gaap	Noninterest Expense NoninterestExpense	28016000	USD
CY2018Q4	us-gaap	Notes Payable NotesPayable	0	USD
CY2019Q3	us-gaap	Notes Payable NotesPayable	55014000	USD
CY2018Q4	us-gaap	Other Assets OtherAssets	66983000	USD
	us-gaap	Professional Fees ProfessionalFees	1553000	USD
CY2019Q3	us-gaap	Other Assets OtherAssets	91953000	USD
CY2018Q4	us-gaap	Other Liabilities OtherLiabilities	8604000	USD
CY2019Q3	us-gaap	Other Liabilities OtherLiabilities	9900000	USD
CY2018Q3	us-gaap	Professional Fees ProfessionalFees	498000	USD
	us-gaap	Professional Fees ProfessionalFees	1435000	USD
CY2019Q3	us-gaap	Professional Fees ProfessionalFees	542000	USD
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	23765000	USD
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	27961000	USD
	us-gaap	Payments To Acquire Loans Held For Investment PaymentsToAcquireLoansHeldForInvestment	366839000	USD
	us-gaap	Payments To Acquire Loans Held For Investment PaymentsToAcquireLoansHeldForInvestment	415156000	USD
	us-gaap	Payments To Acquire Real Estate Held For Investment PaymentsToAcquireRealEstateHeldForInvestment	0	USD
	us-gaap	Payments To Acquire Real Estate Held For Investment PaymentsToAcquireRealEstateHeldForInvestment	1586000	USD
	us-gaap	Proceeds From Collection Of Loans Receivable ProceedsFromCollectionOfLoansReceivable	381477000	USD
	us-gaap	Proceeds From Collection Of Loans Receivable ProceedsFromCollectionOfLoansReceivable	343948000	USD
	us-gaap	Proceeds From Issuance Of Secured Debt ProceedsFromIssuanceOfSecuredDebt	465696000	USD
	us-gaap	Proceeds From Issuance Of Secured Debt ProceedsFromIssuanceOfSecuredDebt	415433000	USD
	us-gaap	Proceeds From Loan And Lease Originations And Principal Collections1 ProceedsFromLoanAndLeaseOriginationsAndPrincipalCollections1	4004000	USD
	us-gaap	Proceeds From Loan And Lease Originations And Principal Collections1 ProceedsFromLoanAndLeaseOriginationsAndPrincipalCollections1	4982000	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
CY2018Q4	us-gaap	Real Estate Acquired Through Foreclosure RealEstateAcquiredThroughForeclosure	0	USD
CY2019Q3	us-gaap	Real Estate Acquired Through Foreclosure RealEstateAcquiredThroughForeclosure	38020000	USD
	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	511246000	USD
	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	573377000	USD
CY2018Q3	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	379000	USD
CY2018Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	379000	USD
CY2019Q3	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	379000	USD
CY2018Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	3565000	USD
CY2019Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	2324000	USD
CY2018Q3	us-gaap	Revenues Revenues	13984000	USD
	us-gaap	Revenues Revenues	40756000	USD
CY2019Q3	us-gaap	Revenues Revenues	19847000	USD
	us-gaap	Revenues Revenues	55679000	USD
CY2018Q4	us-gaap	Secured Debt SecuredDebt	108345000	USD
CY2019Q3	us-gaap	Secured Debt SecuredDebt	108940000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	778000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	1398000	USD
CY2018Q4	us-gaap	Stockholders Equity StockholdersEquity	425587000	USD
CY2019Q3	us-gaap	Stockholders Equity StockholdersEquity	425744000	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
CY2018Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	28698600	shares
CY2019Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	425744000	USD
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	28837766	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	28638973	shares
CY2019Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	28867603	shares
CY2018Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	28542828	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	28521317	shares
CY2019Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	28634514	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	28598807	shares

Files In Submission

Name	View Source	Status
0001529377-19-000078-index-headers.html	Edgar Link	pending
0001529377-19-000078-index.html	Edgar Link	pending
0001529377-19-000078.txt	Edgar Link	pending
0001529377-19-000078-xbrl.zip	Edgar Link	pending
acre-20190930.xml	Edgar Link	completed
acre-20190930.xsd	Edgar Link	pending
acre-20190930_cal.xml	Edgar Link	unprocessable
acre-20190930_def.xml	Edgar Link	unprocessable
acre-20190930_lab.xml	Edgar Link	unprocessable
acre-20190930_pre.xml	Edgar Link	unprocessable
acre02.jpg	Edgar Link	pending
acreq3-1910q.htm	Edgar Link	pending
acreq3-19exhibit101.htm	Edgar Link	pending
acreq3-19exhibit102.htm	Edgar Link	pending
acreq3-19exhibit311.htm	Edgar Link	pending
acreq3-19exhibit312.htm	Edgar Link	pending
acreq3-19exhibit321.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
R13.htm	Edgar Link	pending
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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 Q4 Form 10-Q Financial Statement

#000152937719000078 Filed on November 08, 2019

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$ACRE Ares Commercial Real Estate Corp Stock $acre

2019 Q4 Form 10-Q Financial Statement

#000152937719000078 Filed on November 08, 2019

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$ACRE
Ares Commercial Real Estate Corp Stock $acre