$ACRE
Ares Commercial Real Estate Corp Stock $acre

$acre Overview Financials Valuation SEC Filings Company Website

2020 Q1 Form 10-Q Financial Statement

#000152937720000059 Filed on May 08, 2020

Income Statement

Concept	2020 Q1	2019 Q1
Revenue	$21.13M	$14.16M
YoY Change	49.28%	7.76%
Cost Of Revenue	$17.72M	$17.31M
YoY Change	2.37%	9.14%
Gross Profit	$18.95M	$12.58M
YoY Change	50.64%	8.64%
Gross Profit Margin	89.67%	88.86%
Selling, General & Admin	$8.870M	$3.890M
YoY Change	128.02%	78.44%
% of Gross Profit	46.81%	30.92%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$221.0K	$54.00K
YoY Change	309.26%
% of Gross Profit	1.17%	0.43%
Operating Expenses	$36.20M	$3.950M
YoY Change	816.46%	81.19%
Operating Profit	-$17.25M	$8.630M
YoY Change	-299.88%	-8.19%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income	-$17.25M	$8.639M
YoY Change	-299.72%	-8.09%
Income Tax	$9.000K	$96.00K
% Of Pretax Income		1.11%
Net Earnings	-$17.26M	$8.543M
YoY Change	-302.07%	-8.32%
Net Earnings / Revenue	-81.68%	60.34%
Basic Earnings Per Share
Diluted Earnings Per Share	-$541.1K	$296.7K
COMMON SHARES
Basic Shares Outstanding	31.90M shares	28.56M shares
Diluted Shares Outstanding	31.90M shares	28.78M shares

Balance Sheet

Concept	2020 Q1	2019 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$74.50M	$12.80M
YoY Change	482.03%	146.15%
Cash & Equivalents	$74.50M	$12.81M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets	$74.50M	$12.80M
YoY Change	482.03%	146.15%
LONG-TERM ASSETS
Property, Plant & Equipment	$37.90M	$36.80M
YoY Change	2.99%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$1.871B	$1.548B
YoY Change	20.82%	-6.64%
Other Assets	$400.0K	$400.0K
YoY Change	0.0%	0.0%
Total Long-Term Assets	$2.027B	$1.606B
YoY Change	26.23%	-7.67%
TOTAL ASSETS
Total Short-Term Assets	$74.50M	$12.80M
Total Long-Term Assets	$2.027B	$1.606B
Total Assets	$2.101B	$1.618B
YoY Change	29.84%	-7.21%
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	$13.90M	$11.80M
YoY Change	17.8%	12.38%
LONG-TERM LIABILITIES
Long-Term Debt	$1.609B	$1.172B
YoY Change	37.21%	-10.42%
Other Long-Term Liabilities	$12.90M	$9.300M
YoY Change	38.71%	116.28%
Total Long-Term Liabilities	$1.621B	$1.182B
YoY Change	37.22%	-10.0%
TOTAL LIABILITIES
Total Short-Term Liabilities	$13.90M	$11.80M
Total Long-Term Liabilities	$1.621B	$1.182B
Total Liabilities	$1.635B	$1.193B
YoY Change	37.03%	-9.83%
SHAREHOLDERS EQUITY
Retained Earnings	-$30.95M	$2.588M
YoY Change	-1296.02%	-688.18%
Common Stock	$497.0M	$422.5M
YoY Change	17.63%	0.32%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$466.1M	$425.1M
YoY Change
Total Liabilities & Shareholders Equity	$2.101B	$1.618B
YoY Change	29.84%	-7.21%

Cashflow Statement

Concept	2020 Q1	2019 Q1
OPERATING ACTIVITIES
Net Income	-$17.26M	$8.543M
YoY Change	-302.07%	-8.32%
Depreciation, Depletion And Amortization	$221.0K	$54.00K
YoY Change	309.26%
Cash From Operating Activities	$8.267M	$6.789M
YoY Change	21.77%	-29.97%
INVESTING ACTIVITIES
Capital Expenditures	-$200.0K
YoY Change
Acquisitions
YoY Change
Other Investing Activities	-$273.7M	-$9.000M
YoY Change	2941.11%	-343.24%
Cash From Investing Activities	-$274.0M	-$8.985M
YoY Change	2948.98%	-341.99%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	$334.9M	$3.921M
YoY Change	8441.85%	-110.73%
NET CHANGE
Cash From Operating Activities	$8.267M	$6.789M
Cash From Investing Activities	-$274.0M	-$8.985M
Cash From Financing Activities	$334.9M	$3.921M
Net Change In Cash	$69.24M	$1.725M
YoY Change	3914.03%	-107.45%
FREE CASH FLOW
Cash From Operating Activities	$8.267M	$6.789M
Capital Expenditures	-$200.0K
Free Cash Flow	$8.467M
YoY Change

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2019Q4	acre	Commitments Commitments	1909084000	USD
CY2020Q1	acre	Commitments Commitments	2158059000	USD
CY2020Q1	acre	Common Stock Subscription Agreement Shares Issued CommonStockSubscriptionAgreementSharesIssued	0	shares
CY2020Q1	acre	Debt Issue Discount On Initial Draw Down DebtIssueDiscountOnInitialDrawDown	2600000	USD
CY2020Q1	acre	Excise Taxes Rate ExciseTaxesRate	0.04
CY2020Q1	acre	Financing Receivable Allowance For Credit Loss Initial Reserve Upon Adoption FinancingReceivableAllowanceForCreditLossInitialReserveUponAdoption	-5051000	USD
CY2019Q4	acre	Funded Commitments FundedCommitments	1692894000	USD
CY2020Q1	acre	Funded Commitments FundedCommitments	1883087000	USD
CY2019Q1	acre	General And Administrative Expenses Reimbursed To Affiliate GeneralAndAdministrativeExpensesReimbursedToAffiliate	659000	USD
CY2020Q1	acre	General And Administrative Expenses Reimbursed To Affiliate GeneralAndAdministrativeExpensesReimbursedToAffiliate	1051000	USD
CY2020Q1	acre	Loans Receivable Description Of Variable Rate Basis Weighted Average Floor LoansReceivableDescriptionOfVariableRateBasisWeightedAverageFloor	0.0177
CY2020Q1	acre	Mortgage Loans On Real Estate Amortizing Payments MortgageLoansOnRealEstateAmortizingPayments	482000	USD
CY2019Q1	acre	Mortgage Loans On Real Estate Impairment Charges Recognized MortgageLoansOnRealEstateImpairmentChargesRecognized	0	USD
CY2020Q1	acre	Mortgage Loans On Real Estate Impairment Charges Recognized MortgageLoansOnRealEstateImpairmentChargesRecognized	0	USD
CY2020Q1	acre	Mortgage Loans On Real Estate Loan Paid Off MortgageLoansOnRealEstateLoanPaidOff	107068000	USD
CY2020Q1	acre	Mortgage Loans On Real Estate Number Of Loans Repaid MortgageLoansOnRealEstateNumberOfLoansRepaid	92	Loan
CY2020Q1	acre	Mortgage Loans On Real Estate Receipt Of Origination Fee MortgageLoansOnRealEstateReceiptOfOriginationFee	3538000	USD
CY2018	acre	Mortgage Loans On Real Estate Remaining Life MortgageLoansOnRealEstateRemainingLife	P1Y7M6D
CY2019Q1	acre	Payments Of Secured Funding Costs PaymentsOfSecuredFundingCosts	3413000	USD
CY2020Q1	acre	Payments Of Secured Funding Costs PaymentsOfSecuredFundingCosts	1005000	USD
CY2020Q1	acre	Operating Expenses From Real Estate Owned OperatingExpensesFromRealEstateOwned	6676000	USD
CY2019Q1	acre	Operating Revenuefrom Real Estate Owned OperatingRevenuefromRealEstateOwned	1911000	USD
CY2020Q1	acre	Operating Revenuefrom Real Estate Owned OperatingRevenuefromRealEstateOwned	5220000	USD
CY2019Q1	acre	Payments For Offering Costs On Public Offering PaymentsForOfferingCostsOnPublicOffering	0	USD
CY2020Q1	acre	Payments For Offering Costs On Public Offering PaymentsForOfferingCostsOnPublicOffering	266000	USD
CY2020Q1	acre	Mortgage Loans On Real Estate Remaining Life MortgageLoansOnRealEstateRemainingLife	P1Y7M6D
CY2020Q1	acre	Mortgage Loans On Real Estate Total Commitment Amount MortgageLoansOnRealEstateTotalCommitmentAmount	2200000000	USD
CY2020Q1	acre	Mortgage Loans On Real Estate Total Commitment Amount Excluding Noncontrolling Interest MortgageLoansOnRealEstateTotalCommitmentAmountExcludingNoncontrollingInterest	1900000000	USD
CY2019Q4	acre	Mortgage Loans On Real Estate Total Commitment Amount Including Noncontrolling Interest MortgageLoansOnRealEstateTotalCommitmentAmountIncludingNoncontrollingInterest	1682498000	USD
CY2020Q1	acre	Mortgage Loans On Real Estate Total Commitment Amount Including Noncontrolling Interest MortgageLoansOnRealEstateTotalCommitmentAmountIncludingNoncontrollingInterest	1870639000	USD
CY2019Q4	acre	Mortgage Loans On Real Estate Total Commitment Amount Including Noncontrolling Interest Net MortgageLoansOnRealEstateTotalCommitmentAmountIncludingNoncontrollingInterestNet	1682498000	USD
CY2020Q1	acre	Mortgage Loans On Real Estate Total Commitment Amount Including Noncontrolling Interest Net MortgageLoansOnRealEstateTotalCommitmentAmountIncludingNoncontrollingInterestNet	1841496000	USD
CY2020Q1	acre	Mortgage Loans On Real Estate Unleveraged Effective Yield MortgageLoansOnRealEstateUnleveragedEffectiveYield	0.062
CY2020Q1	acre	Mortgage Loanson Real Estate Unleveraged Effective Yield Excluding Nonaccrual Loans MortgageLoansonRealEstateUnleveragedEffectiveYieldExcludingNonaccrualLoans	0.066
CY2020Q1	acre	Mortgage Loanson Real Estate Unleveraged Effective Yield Including Nonaccrual Loans MortgageLoansonRealEstateUnleveragedEffectiveYieldIncludingNonaccrualLoans	0.062
CY2019Q1	acre	Operating Expenses From Real Estate Owned OperatingExpensesFromRealEstateOwned	1687000	USD
CY2020Q1	acre	Payments To Acquire Loans Held For Investment Including Non Cash Upsize And Excluding Capitalized Funding PaymentsToAcquireLoansHeldForInvestmentIncludingNonCashUpsizeAndExcludingCapitalizedFunding	297300000	USD
CY2020Q1	acre	Percentage Of Loans Held For Investment Having Libor Floors PercentageOfLoansHeldForInvestmentHavingLIBORFloors	0.937
CY2020Q1	acre	Related Party Transactions Management Fee Look Back Period RelatedPartyTransactionsManagementFeeLookBackPeriod	P24M
CY2020Q1	acre	Related Party Transactions Management Fee Renewal Term RelatedPartyTransactionsManagementFeeRenewalTerm	P1Y
CY2020Q1	acre	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Expected To Vest In Year Two ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExpectedToVestInYearTwo	77057	shares
CY2020Q1	acre	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Grants To Date ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingGrantsToDate	214032	shares
CY2020Q1	acre	Share Based Compensation Arrangementby Share Based Payment Award Equity Instruments Otherthan Options Expectedto Vestin Year Five ShareBasedCompensationArrangementbyShareBasedPaymentAwardEquityInstrumentsOtherthanOptionsExpectedtoVestinYearFive	0	shares
CY2020Q1	acre	Share Based Compensation Arrangementby Share Based Payment Award Equity Instruments Otherthan Options Expectedto Vestin Year Four ShareBasedCompensationArrangementbyShareBasedPaymentAwardEquityInstrumentsOtherthanOptionsExpectedtoVestinYearFour	36160	shares
CY2020Q1	acre	Share Based Compensation Arrangementby Share Based Payment Award Equity Instruments Otherthan Options Expectedto Vestin Year Three ShareBasedCompensationArrangementbyShareBasedPaymentAwardEquityInstrumentsOtherthanOptionsExpectedtoVestinYearThree	65247	shares
CY2020Q1	acre	Share Based Compensation Arrangementby Share Based Payment Award Equity Instruments Otherthan Options Expectedto Vestinthe Remainderofthe Year ShareBasedCompensationArrangementbyShareBasedPaymentAwardEquityInstrumentsOtherthanOptionsExpectedtoVestintheRemainderoftheYear	35568	shares
CY2019Q4	acre	Unfunded Commitments UnfundedCommitments	216190000	USD
CY2020Q1	acre	Unfunded Commitments UnfundedCommitments	274972000	USD
CY2019Q4	acre	Variable Interest Entity Collateralized Loan Obligation Securities Long Term Debt VariableInterestEntityCollateralizedLoanObligationSecuritiesLongTermDebt	443177000	USD
CY2020Q1	acre	Variable Interest Entity Collateralized Loan Obligation Securities Long Term Debt VariableInterestEntityCollateralizedLoanObligationSecuritiesLongTermDebt	443558000	USD
CY2019Q4	acre	Variable Interest Entity Due To Current And Noncurrent VariableInterestEntityDueToCurrentAndNoncurrent	718000	USD
CY2020Q1	acre	Variable Interest Entity Due To Current And Noncurrent VariableInterestEntityDueToCurrentAndNoncurrent	691000	USD
CY2019Q4	acre	Variable Interest Entity Mortgage Loans On Real Estate Commercial And Consumer Net VariableInterestEntityMortgageLoansOnRealEstateCommercialAndConsumerNet	515896000	USD
CY2020Q1	acre	Variable Interest Entity Mortgage Loans On Real Estate Commercial And Consumer Net VariableInterestEntityMortgageLoansOnRealEstateCommercialAndConsumerNet	425817000	USD
CY2019Q4	acre	Variable Interest Entity Other Assets VariableInterestEntityOtherAssets	1000	USD
CY2020Q1	acre	Variable Interest Entity Other Assets VariableInterestEntityOtherAssets	1010000	USD
CY2019Q4	acre	Variable Interest Entity Other Assets Certificates Receivable VariableInterestEntityOtherAssetsCertificatesReceivable	41104000	USD
CY2020Q1	acre	Variable Interest Entity Other Assets Certificates Receivable VariableInterestEntityOtherAssetsCertificatesReceivable	131183000	USD
CY2020Q1	dei	Amendment Flag AmendmentFlag	false
CY2020Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2020Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2020Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2020
CY2020Q1	dei	Document Period End Date DocumentPeriodEndDate	2020-03-31
CY2020Q1	dei	Document Type DocumentType	10-Q
CY2020Q1	dei	Entity Central Index Key EntityCentralIndexKey	0001529377
CY2020Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	33441937	shares
CY2020Q1	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2020Q1	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
CY2020Q1	dei	Entity Filer Category EntityFilerCategory	Accelerated Filer
CY2020Q1	dei	Entity Registrant Name EntityRegistrantName	Ares Commercial Real Estate Corp
CY2020Q1	dei	Entity Shell Company EntityShellCompany	false
CY2020Q1	dei	Entity Small Business EntitySmallBusiness	false
CY2020Q1	srt	Mortgage Loans On Real Estate Collections Of Principal MortgageLoansOnRealEstateCollectionsOfPrincipal	107100000	USD
CY2019Q4	srt	Mortgage Loans On Real Estate Face Amount Of Mortgages MortgageLoansOnRealEstateFaceAmountOfMortgages	1692894000	USD
CY2020Q1	srt	Mortgage Loans On Real Estate Face Amount Of Mortgages MortgageLoansOnRealEstateFaceAmountOfMortgages	1883100000	USD
CY2020Q1	srt	Mortgage Loans On Real Estate Face Amount Of Mortgages MortgageLoansOnRealEstateFaceAmountOfMortgages	1883087000	USD
CY2017	srt	Mortgage Loans On Real Estate Interest Rate MortgageLoansOnRealEstateInterestRate	0.068
CY2020Q1	srt	Mortgage Loans On Real Estate Number Of Loans MortgageLoansOnRealEstateNumberOfLoans	53	Loan
CY2020Q1	us-gaap	Accrued Investment Income Receivable AccruedInvestmentIncomeReceivable	9800000	USD
CY2019Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	423619000	USD
CY2020Q1	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	496689000	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
CY2019Q4	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	482000	USD
CY2020Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	225000	USD
CY2019Q1	us-gaap	Adjustments To Additional Paid In Capital Stock Issued Issuance Costs AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts	341000	USD
CY2019Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	0	USD
CY2020Q1	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	29143000	USD
CY2019Q1	us-gaap	Amortization Of Deferred Loan Origination Fees Net AmortizationOfDeferredLoanOriginationFeesNet	1266000	USD
CY2020Q1	us-gaap	Amortization Of Deferred Loan Origination Fees Net AmortizationOfDeferredLoanOriginationFeesNet	1967000	USD
CY2019Q1	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	1665000	USD
CY2020Q1	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	1622000	USD
CY2019Q4	us-gaap	Assets Assets	1784134000	USD
CY2020Q1	us-gaap	Assets Assets	2101355000	USD
CY2019Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	12814000	USD
CY2019Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	5256000	USD
CY2020Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	74498000	USD
CY2018Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	11468000	USD
CY2019Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	13193000	USD
CY2019Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	5635000	USD
CY2020Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	74877000	USD
CY2019Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	1725000	USD
CY2020Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	69242000	USD
CY2019Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2020Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2019Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.33
CY2020Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.33
CY2019Q1	us-gaap	Dividends Dividends	9520000	USD
CY2020Q1	us-gaap	Dividends Dividends	11057000	USD
CY2019Q4	us-gaap	Common Stock Value CommonStockValue	283000	USD
CY2020Q1	us-gaap	Common Stock Value CommonStockValue	329000	USD
CY2019Q1	us-gaap	Costs And Expenses Related Party CostsAndExpensesRelatedParty	1574000	USD
CY2020Q1	us-gaap	Costs And Expenses Related Party CostsAndExpensesRelatedParty	1773000	USD
CY2019Q4	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	894744000	USD
CY2020Q1	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	1167274000	USD
CY2019Q1	us-gaap	Depreciation Depreciation	54000	USD
CY2020Q1	us-gaap	Depreciation Depreciation	221000	USD
CY2019Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.33
CY2020Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.33
CY2019Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2020Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2019Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	450000000	shares
CY2020Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	450000000	shares
CY2019Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	28865610	shares
CY2020Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	33398952	shares
CY2019Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	28865610	shares
CY2020Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	33398952	shares
CY2019Q1	us-gaap	Dividends Dividends	9520000	USD
CY2020Q1	us-gaap	Dividends Dividends	11057000	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
CY2019Q4	us-gaap	Dividends Cash DividendsCash	9547000	USD
CY2020Q1	us-gaap	Dividends Cash DividendsCash	11076000	USD
CY2019Q4	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	9546000	USD
CY2020Q1	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	11057000	USD
CY2019Q4	us-gaap	Due To Related Parties Current And Noncurrent DueToRelatedPartiesCurrentAndNoncurrent	2761000	USD
CY2020Q1	us-gaap	Due To Related Parties Current And Noncurrent DueToRelatedPartiesCurrentAndNoncurrent	2836000	USD
CY2020Q1	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	32200000	USD
CY2020Q1	us-gaap	Financing Receivable Recorded Investment Nonaccrual Status FinancingReceivableRecordedInvestmentNonaccrualStatus	104600000	USD
CY2019Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	1120000	USD
CY2020Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	868000	USD
CY2019Q1	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	8543000	USD
CY2020Q1	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	-17263000	USD
CY2019Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	8639000	USD
CY2020Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	-17254000	USD
CY2019Q1	us-gaap	Income Loss From Continuing Operations Per Basic And Diluted Share IncomeLossFromContinuingOperationsPerBasicAndDilutedShare	0.30
CY2020Q1	us-gaap	Income Loss From Continuing Operations Per Basic And Diluted Share IncomeLossFromContinuingOperationsPerBasicAndDilutedShare	-0.54
CY2019Q1	us-gaap	Income Loss From Continuing Operations Per Basic Share IncomeLossFromContinuingOperationsPerBasicShare	0.30
CY2020Q1	us-gaap	Income Loss From Continuing Operations Per Basic Share IncomeLossFromContinuingOperationsPerBasicShare	-0.54
CY2019Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	96000	USD
CY2020Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	9000	USD
CY2020Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	2101355000	USD
CY2019Q1	us-gaap	Increase Decrease In Due To Affiliates IncreaseDecreaseInDueToAffiliates	-904000	USD
CY2020Q1	us-gaap	Increase Decrease In Due To Affiliates IncreaseDecreaseInDueToAffiliates	75000	USD
CY2019Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	1694000	USD
CY2020Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	1343000	USD
CY2019Q1	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	-101000	USD
CY2020Q1	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	-420000	USD
CY2019Q1	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	219153	shares
CY2020Q1	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	0	shares
CY2019Q1	us-gaap	Interest And Fee Income Loans And Leases Held In Portfolio InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio	27986000	USD
CY2020Q1	us-gaap	Interest And Fee Income Loans And Leases Held In Portfolio InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio	31448000	USD
CY2019Q1	us-gaap	Interest Expense Borrowings InterestExpenseBorrowings	15740000	USD
CY2020Q1	us-gaap	Interest Expense Borrowings InterestExpenseBorrowings	15534000	USD
CY2019Q1	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	12246000	USD
CY2020Q1	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	15914000	USD
CY2019Q4	us-gaap	Liabilities Liabilities	1357795000	USD
CY2020Q1	us-gaap	Liabilities Liabilities	1635290000	USD
CY2019Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1784134000	USD
CY2019Q4	us-gaap	Line Of Credit LineOfCredit	728589000	USD
CY2020Q1	us-gaap	Line Of Credit LineOfCredit	990564000	USD
CY2019Q4	us-gaap	Line Of Credit Facility Maximum Borrowing Capacity LineOfCreditFacilityMaximumBorrowingCapacity	1471424000	USD
CY2020Q1	us-gaap	Line Of Credit Facility Maximum Borrowing Capacity LineOfCreditFacilityMaximumBorrowingCapacity	1645824000	USD
CY2019Q4	us-gaap	Mortgage Loans On Real Estate Commercial And Consumer Net MortgageLoansOnRealEstateCommercialAndConsumerNet	1682498000	USD
CY2020Q1	us-gaap	Mortgage Loans On Real Estate Commercial And Consumer Net MortgageLoansOnRealEstateCommercialAndConsumerNet	1870600000	USD
CY2020Q1	us-gaap	Mortgage Loans On Real Estate Commercial And Consumer Net MortgageLoansOnRealEstateCommercialAndConsumerNet	1870639000	USD
CY2020Q1	us-gaap	Mortgage Loans On Real Estate New Mortgage Loans MortgageLoansOnRealEstateNewMortgageLoans	284562000	USD
CY2020Q1	us-gaap	Mortgage Loans On Real Estate Other Additions MortgageLoansOnRealEstateOtherAdditions	12700000	USD
CY2019Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	3921000	USD
CY2020Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	334926000	USD
CY2019Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-8985000	USD
CY2020Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-273951000	USD
CY2019Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	6789000	USD
CY2020Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	8267000	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
CY2019Q4	us-gaap	Net Income Loss NetIncomeLoss	9660000	USD
CY2020Q1	us-gaap	Net Income Loss NetIncomeLoss	-17263000	USD
CY2019Q1	us-gaap	Noninterest Expense NoninterestExpense	5518000	USD
CY2020Q1	us-gaap	Noninterest Expense NoninterestExpense	11271000	USD
CY2019Q4	us-gaap	Notes Payable NotesPayable	54708000	USD
CY2020Q1	us-gaap	Notes Payable NotesPayable	65047000	USD
CY2019Q4	us-gaap	Other Assets OtherAssets	58100000	USD
CY2020Q1	us-gaap	Other Assets OtherAssets	147075000	USD
CY2019Q4	us-gaap	Other Liabilities OtherLiabilities	9865000	USD
CY2020Q1	us-gaap	Other Liabilities OtherLiabilities	12850000	USD
CY2019Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	8914000	USD
CY2020Q1	us-gaap	Proceeds From Collection Of Loans Receivable ProceedsFromCollectionOfLoansReceivable	17471000	USD
CY2019Q1	us-gaap	Proceeds From Issuance Of Secured Debt ProceedsFromIssuanceOfSecuredDebt	107019000	USD
CY2020Q1	us-gaap	Proceeds From Issuance Of Secured Debt ProceedsFromIssuanceOfSecuredDebt	355083000	USD
CY2019Q1	us-gaap	Proceeds From Loan And Lease Originations And Principal Collections1 ProceedsFromLoanAndLeaseOriginationsAndPrincipalCollections1	1426000	USD
CY2020Q1	us-gaap	Proceeds From Loan And Lease Originations And Principal Collections1 ProceedsFromLoanAndLeaseOriginationsAndPrincipalCollections1	3538000	USD
CY2019Q1	us-gaap	Proceeds From Notes Payable ProceedsFromNotesPayable	0	USD
CY2020Q1	us-gaap	Proceeds From Notes Payable ProceedsFromNotesPayable	10555000	USD
CY2019Q1	us-gaap	Proceeds From Related Party Debt ProceedsFromRelatedPartyDebt	172673000	USD
CY2020Q1	us-gaap	Proceeds From Related Party Debt ProceedsFromRelatedPartyDebt	0	USD
CY2019Q1	us-gaap	Proceeds From Sale Of Treasury Stock ProceedsFromSaleOfTreasuryStock	0	USD
CY2020Q1	us-gaap	Proceeds From Sale Of Treasury Stock ProceedsFromSaleOfTreasuryStock	73232000	USD
CY2019Q1	us-gaap	Professional Fees ProfessionalFees	478000	USD
CY2020Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	9565000	USD
CY2019Q1	us-gaap	Payments To Acquire Loans Held For Investment PaymentsToAcquireLoansHeldForInvestment	120305000	USD
CY2020Q1	us-gaap	Payments To Acquire Loans Held For Investment PaymentsToAcquireLoansHeldForInvestment	294733000	USD
CY2019Q1	us-gaap	Payments To Acquire Real Estate Held For Investment PaymentsToAcquireRealEstateHeldForInvestment	0	USD
CY2020Q1	us-gaap	Payments To Acquire Real Estate Held For Investment PaymentsToAcquireRealEstateHeldForInvestment	227000	USD
CY2019Q1	us-gaap	Proceeds From Collection Of Loans Receivable ProceedsFromCollectionOfLoansReceivable	109894000	USD
CY2020Q1	us-gaap	Professional Fees ProfessionalFees	903000	USD
CY2019Q1	us-gaap	Provision For Loan And Lease Losses ProvisionForLoanAndLeaseLosses	0	USD
CY2020Q1	us-gaap	Provision For Loan And Lease Losses ProvisionForLoanAndLeaseLosses	27117000	USD
CY2019Q1	us-gaap	Provision For Loan Lease And Other Losses ProvisionForLoanLeaseAndOtherLosses	0	USD
CY2020Q1	us-gaap	Provision For Loan Lease And Other Losses ProvisionForLoanLeaseAndOtherLosses	27117000	USD
CY2019Q4	us-gaap	Real Estate Acquired Through Foreclosure RealEstateAcquiredThroughForeclosure	37901000	USD
CY2020Q1	us-gaap	Real Estate Acquired Through Foreclosure RealEstateAcquiredThroughForeclosure	37907000	USD
CY2019Q1	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	263444000	USD
CY2020Q1	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	93108000	USD
CY2019Q1	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	379000	USD
CY2019Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	379000	USD
CY2020Q1	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	379000	USD
CY2019Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	2437000	USD
CY2020Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-30953000	USD
CY2019Q1	us-gaap	Revenues Revenues	14157000	USD
CY2020Q1	us-gaap	Revenues Revenues	21134000	USD
CY2019Q4	us-gaap	Sale Of Stock Consideration Received On Transaction SaleOfStockConsiderationReceivedOnTransaction	100000000	USD
CY2019Q4	us-gaap	Sale Of Stock Price Per Share SaleOfStockPricePerShare	0.01
CY2019Q4	us-gaap	Secured Debt SecuredDebt	109149000	USD
CY2020Q1	us-gaap	Secured Debt SecuredDebt	109378000	USD
CY2019Q1	us-gaap	Share Based Compensation ShareBasedCompensation	492000	USD
CY2020Q1	us-gaap	Share Based Compensation ShareBasedCompensation	225000	USD
CY2020Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod	79202	shares
CY2020Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod	59457	shares
CY2019Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber	285393	shares
CY2020Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber	214032	shares
CY2019Q1	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	73232000	USD
CY2019Q4	us-gaap	Stockholders Equity StockholdersEquity	426339000	USD
CY2020Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod	51616	shares
CY2020Q1	us-gaap	Stockholders Equity StockholdersEquity	466065000	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
CY2019Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	425744000	USD
CY2019Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	426339000	USD
CY2020Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	466065000	USD
CY2019Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	28780980	shares
CY2020Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	31897952	shares
CY2019Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	28561827	shares
CY2020Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	31897952	shares

Files In Submission

Name	View Source	Status
0001529377-20-000059-index-headers.html	Edgar Link	pending
0001529377-20-000059-index.html	Edgar Link	pending
0001529377-20-000059.txt	Edgar Link	pending
0001529377-20-000059-xbrl.zip	Edgar Link	pending
acre-20200331.xml	Edgar Link	completed
acre-20200331.xsd	Edgar Link	pending
acre-20200331_cal.xml	Edgar Link	unprocessable
acre-20200331_def.xml	Edgar Link	unprocessable
acre-20200331_lab.xml	Edgar Link	unprocessable
acre-20200331_pre.xml	Edgar Link	unprocessable
acre04.jpg	Edgar Link	pending
acreq1-2010q.htm	Edgar Link	pending
acreq1-20exhibit102.htm	Edgar Link	pending
acreq1-20exhibit311.htm	Edgar Link	pending
acreq1-20exhibit312.htm	Edgar Link	pending
acreq1-20exhibit321.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
R1.htm	Edgar Link	pending
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R9999.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

2020 Q1 Form 10-Q Financial Statement

#000152937720000059 Filed on May 08, 2020

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$ACRE Ares Commercial Real Estate Corp Stock $acre

2020 Q1 Form 10-Q Financial Statement

#000152937720000059 Filed on May 08, 2020

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$ACRE
Ares Commercial Real Estate Corp Stock $acre