2023 Q1 Form 10-K Financial Statement

#000162828023003601 Filed on February 15, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q4 2022
Revenue $26.50M $52.55M $106.8M
YoY Change 10.32% 18.65% 4.68%
Cost Of Revenue $26.01M $26.43M $81.57M
YoY Change 66.03% 46.5% 27.69%
Gross Profit $23.49M $26.12M $91.27M
YoY Change 15.32% -0.49% 3.4%
Gross Profit Margin 88.64% 49.7% 85.42%
Selling, General & Admin $3.188M $3.543M $17.15M
YoY Change -53.5% -55.98% -34.66%
% of Gross Profit 13.57% 13.56% 18.79%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $0.00 $0.00 $0.00
YoY Change -100.0% -100.0%
% of Gross Profit 0.0% 0.0% 0.0%
Operating Expenses $29.82M $22.95M $63.21M
YoY Change 376.21% 155.91% 133.38%
Operating Profit -$6.329M $3.174M $28.06M
YoY Change -144.86% -81.63% -54.14%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$6.329M $3.174M $30.26M
YoY Change -138.81% -81.63% -50.55%
Income Tax $110.0K $264.0K $472.0K
% Of Pretax Income 8.32% 1.56%
Net Earnings -$6.439M $2.910M $29.79M
YoY Change -139.74% -83.04% -50.74%
Net Earnings / Revenue -24.3% 5.54% 27.88%
Basic Earnings Per Share
Diluted Earnings Per Share -$0.12 $0.05 $0.57
COMMON SHARES
Basic Shares Outstanding 54.61M shares 54.44M shares 51.68M shares
Diluted Shares Outstanding 54.59M shares 52.13M shares

Balance Sheet

Concept 2023 Q1 2022 Q4 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $153.8M $141.3M $141.3M
YoY Change 1017.55% 179.12% 179.12%
Cash & Equivalents $153.8M $141.3M $141.3M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $153.8M $141.3M $141.3M
YoY Change 1017.55% 179.12% 179.12%
LONG-TERM ASSETS
Property, Plant & Equipment $0.00 $0.00
YoY Change -100.0% -100.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $28.01M $27.94M $27.94M
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $2.291B $2.382B $2.382B
YoY Change -8.45% -7.73% -7.73%
TOTAL ASSETS
Total Short-Term Assets $153.8M $141.3M $141.3M
Total Long-Term Assets $2.291B $2.382B $2.382B
Total Assets $2.444B $2.523B $2.523B
YoY Change -2.84% -4.14% -4.14%
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 $23.25M $24.93M $24.93M
YoY Change 13.04% 19.67% 19.67%
LONG-TERM LIABILITIES
Long-Term Debt $1.688B $1.737B $1.737B
YoY Change -6.03% -9.7% -9.7%
Other Long-Term Liabilities $15.02M $13.97M $13.97M
YoY Change 53.4% 52.13% 52.13%
Total Long-Term Liabilities $1.703B $1.751B $1.751B
YoY Change -5.71% -9.41% -9.41%
TOTAL LIABILITIES
Total Short-Term Liabilities $23.25M $24.93M $24.93M
Total Long-Term Liabilities $1.703B $1.751B $1.751B
Total Liabilities $1.726B $1.775B $1.775B
YoY Change -5.5% -9.1% -9.1%
SHAREHOLDERS EQUITY
Retained Earnings -$99.11M -$73.33M
YoY Change 239.77% 156.11%
Common Stock $814.3M $813.3M
YoY Change 15.0% 15.46%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $718.3M $747.5M $747.5M
YoY Change
Total Liabilities & Shareholders Equity $2.444B $2.523B $2.523B
YoY Change -2.84% -4.14% -4.14%

Cashflow Statement

Concept 2023 Q1 2022 Q4 2022
OPERATING ACTIVITIES
Net Income -$6.439M $2.910M $29.79M
YoY Change -139.74% -83.04% -50.74%
Depreciation, Depletion And Amortization $0.00 $0.00 $0.00
YoY Change -100.0% -100.0%
Cash From Operating Activities $11.26M $15.09M $57.16M
YoY Change -30.58% -16.49% 18.22%
INVESTING ACTIVITIES
Capital Expenditures $0.00 $0.00
YoY Change -100.0% -100.0%
Acquisitions
YoY Change
Other Investing Activities $70.06M $257.1M $193.2M
YoY Change -21.88% -306.45% -127.61%
Cash From Investing Activities $70.06M $257.1M $193.2M
YoY Change -21.88% -306.35% -127.61%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$68.83M -208.2M -$159.7M
YoY Change -51.78% -247.3% -125.46%
NET CHANGE
Cash From Operating Activities $11.26M 15.09M $57.16M
Cash From Investing Activities $70.06M 257.1M $193.2M
Cash From Financing Activities -$68.83M -208.2M -$159.7M
Net Change In Cash $12.49M 63.98M $90.66M
YoY Change -133.88% 83.71% -475.25%
FREE CASH FLOW
Cash From Operating Activities $11.26M $15.09M $57.16M
Capital Expenditures $0.00 $0.00
Free Cash Flow $15.09M $57.16M
YoY Change -16.76% 17.86%

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CY2021 us-gaap Net Income Loss
NetIncomeLoss
60460000 usd
CY2021 us-gaap Dividends Cash
DividendsCash
63974000 usd
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
678628000 usd
CY2022 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
106267000 usd
CY2022 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
233000 usd
CY2022 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2876000 usd
CY2022 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
4697000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
29785000 usd
CY2022 us-gaap Dividends Cash
DividendsCash
74480000 usd
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
747540000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
29785000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
60460000 usd
CY2020 us-gaap Net Income Loss
NetIncomeLoss
21840000 usd
CY2022 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
7096000 usd
CY2021 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
9895000 usd
CY2020 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
6434000 usd
CY2022 us-gaap Amortization Of Deferred Loan Origination Fees Net
AmortizationOfDeferredLoanOriginationFeesNet
10347000 usd
CY2021 us-gaap Amortization Of Deferred Loan Origination Fees Net
AmortizationOfDeferredLoanOriginationFeesNet
8433000 usd
CY2020 us-gaap Amortization Of Deferred Loan Origination Fees Net
AmortizationOfDeferredLoanOriginationFeesNet
7430000 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
2876000 usd
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
1940000 usd
CY2020 us-gaap Share Based Compensation
ShareBasedCompensation
1339000 usd
CY2022 us-gaap Depreciation
Depreciation
0 usd
CY2021 us-gaap Depreciation
Depreciation
825000 usd
CY2020 us-gaap Depreciation
Depreciation
892000 usd
CY2022 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
46061000 usd
CY2021 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
10000 usd
CY2020 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
20185000 usd
CY2022 us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
0 usd
CY2021 us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
0 usd
CY2020 us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
-4008000 usd
CY2022 us-gaap Amortization Of Deferred Hedge Gains
AmortizationOfDeferredHedgeGains
-1029000 usd
CY2021 us-gaap Amortization Of Deferred Hedge Gains
AmortizationOfDeferredHedgeGains
0 usd
CY2020 us-gaap Amortization Of Deferred Hedge Gains
AmortizationOfDeferredHedgeGains
0 usd
CY2022 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
2197000 usd
CY2021 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
0 usd
CY2020 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
0 usd
CY2022 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
17674000 usd
CY2021 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
18545000 usd
CY2020 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
15344000 usd
CY2022 us-gaap Increase Decrease In Due To Affiliates
IncreaseDecreaseInDueToAffiliates
1424000 usd
CY2021 us-gaap Increase Decrease In Due To Affiliates
IncreaseDecreaseInDueToAffiliates
1006000 usd
CY2020 us-gaap Increase Decrease In Due To Affiliates
IncreaseDecreaseInDueToAffiliates
389000 usd
CY2022 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
1162000 usd
CY2021 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
1192000 usd
CY2020 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-551000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
57157000 usd
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
48350000 usd
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
31762000 usd
CY2022 us-gaap Payments To Acquire Loans Held For Investment
PaymentsToAcquireLoansHeldForInvestment
652720000 usd
CY2021 us-gaap Payments To Acquire Loans Held For Investment
PaymentsToAcquireLoansHeldForInvestment
1241996000 usd
CY2020 us-gaap Payments To Acquire Loans Held For Investment
PaymentsToAcquireLoansHeldForInvestment
524166000 usd
CY2022 us-gaap Proceeds From Collection Of Loans Receivable
ProceedsFromCollectionOfLoansReceivable
824940000 usd
CY2021 us-gaap Proceeds From Collection Of Loans Receivable
ProceedsFromCollectionOfLoansReceivable
534973000 usd
CY2020 us-gaap Proceeds From Collection Of Loans Receivable
ProceedsFromCollectionOfLoansReceivable
341450000 usd
CY2022 us-gaap Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
0 usd
CY2021 us-gaap Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
0 usd
CY2020 us-gaap Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
96597000 usd
CY2022 us-gaap Proceeds From Loan And Lease Originations And Principal Collections1
ProceedsFromLoanAndLeaseOriginationsAndPrincipalCollections1
8513000 usd
CY2021 us-gaap Proceeds From Loan And Lease Originations And Principal Collections1
ProceedsFromLoanAndLeaseOriginationsAndPrincipalCollections1
7632000 usd
CY2020 us-gaap Proceeds From Loan And Lease Originations And Principal Collections1
ProceedsFromLoanAndLeaseOriginationsAndPrincipalCollections1
4526000 usd
CY2022 us-gaap Payments To Acquire Real Estate Held For Investment
PaymentsToAcquireRealEstateHeldForInvestment
0 usd
CY2021 us-gaap Payments To Acquire Real Estate Held For Investment
PaymentsToAcquireRealEstateHeldForInvestment
144000 usd
CY2020 us-gaap Payments To Acquire Real Estate Held For Investment
PaymentsToAcquireRealEstateHeldForInvestment
274000 usd
CY2022 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
38227000 usd
CY2021 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
0 usd
CY2020 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
0 usd
CY2022 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
27872000 usd
CY2021 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
0 usd
CY2020 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
0 usd
CY2022 us-gaap Payments For Proceeds From Derivative Instrument Investing Activities
PaymentsForProceedsFromDerivativeInstrumentInvestingActivities
-2085000 usd
CY2021 us-gaap Payments For Proceeds From Derivative Instrument Investing Activities
PaymentsForProceedsFromDerivativeInstrumentInvestingActivities
150000 usd
CY2020 us-gaap Payments For Proceeds From Derivative Instrument Investing Activities
PaymentsForProceedsFromDerivativeInstrumentInvestingActivities
0 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
193173000 usd
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-699685000 usd
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-81867000 usd
CY2022 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
105000000 usd
CY2021 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
15869000 usd
CY2020 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
6967000 usd
CY2022 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
51110000 usd
CY2021 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
27880000 usd
CY2020 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
0 usd
CY2022 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
4467000 usd
CY2021 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
13066000 usd
CY2020 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
5065000 usd
CY2022 us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
0 usd
CY2021 us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
540471000 usd
CY2020 us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
0 usd
CY2022 us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
85856000 usd
CY2021 us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
121246000 usd
CY2020 us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
0 usd
CY2022 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
71807000 usd
CY2021 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
58424000 usd
CY2020 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
42765000 usd
CY2022 us-gaap Proceeds From Sale Of Treasury Stock
ProceedsFromSaleOfTreasuryStock
106267000 usd
CY2021 us-gaap Proceeds From Sale Of Treasury Stock
ProceedsFromSaleOfTreasuryStock
204779000 usd
CY2020 us-gaap Proceeds From Sale Of Treasury Stock
ProceedsFromSaleOfTreasuryStock
73232000 usd
CY2022 acre Payments For Offering Costs On Public Offering
PaymentsForOfferingCostsOnPublicOffering
163000 usd
CY2021 acre Payments For Offering Costs On Public Offering
PaymentsForOfferingCostsOnPublicOffering
324000 usd
CY2020 acre Payments For Offering Costs On Public Offering
PaymentsForOfferingCostsOnPublicOffering
301000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-159667000 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
627174000 usd
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
119246000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
90663000 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-24161000 usd
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
69141000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
50615000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
74776000 usd
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
5635000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
141278000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
50615000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
74776000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
57819000 usd
CY2021 us-gaap Interest Paid Net
InterestPaidNet
40126000 usd
CY2020 us-gaap Interest Paid Net
InterestPaidNet
46137000 usd
CY2022 us-gaap Income Taxes Paid
IncomeTaxesPaid
250000 usd
CY2021 us-gaap Income Taxes Paid
IncomeTaxesPaid
1406000 usd
CY2020 us-gaap Income Taxes Paid
IncomeTaxesPaid
399000 usd
CY2022 acre Dividend Declared Not Yet Paid
DividendDeclaredNotYetPaid
19347000 usd
CY2021 acre Dividend Declared Not Yet Paid
DividendDeclaredNotYetPaid
16674000 usd
CY2020 acre Dividend Declared Not Yet Paid
DividendDeclaredNotYetPaid
11124000 usd
CY2022 us-gaap Notes Issued1
NotesIssued1
129495000 usd
CY2021 us-gaap Notes Issued1
NotesIssued1
128589000 usd
CY2020 us-gaap Notes Issued1
NotesIssued1
6410000 usd
CY2022 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
CY2022 us-gaap Use Of Estimates
UseOfEstimates
<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates in the Preparation of Financial Statements </span></div><div style="text-align:justify;text-indent:36pt"><span><br/></span></div><div style="text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect certain reported amounts and disclosures. Global macroeconomic conditions, including heightened inflation, changes to fiscal and monetary policy, higher interest rates, currency fluctuations, labor shortages and challenges in the supply chain, have the potential to negatively impact the Company and its borrowers. These current macroeconomic conditions may continue or aggravate and could cause the United States economy or other global economies to experience an economic slowdown or recession. We anticipate our business and operations could be materially adversely affected by a prolonged recession in the United States or other major global economy. </span></div><div style="text-align:justify;text-indent:36pt"><span><br/></span></div><div style="text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company believes the estimates and assumptions underlying its consolidated financial statements are reasonable and supportable based on the information available as of December 31, 2022, however, uncertainty over the global economy and the Company’s business, makes any estimates and assumptions as of December 31, 2022 inherently less certain than they would be absent the current and potential impacts of current macroeconomic conditions. Actual results could differ from those estimates.</span></div>
CY2022 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Concentration of Credit Risk</span></div><div style="text-align:justify;text-indent:36pt"><span><br/></span></div><div style="text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Financial instruments that potentially subject the Company to concentrations of credit risk consist primarily of cash and cash equivalents, loans held for investment, available-for-sale debt securities and interest receivable. The Company places its cash and cash equivalents with financial institutions and, at times, cash held may exceed the Federal Deposit Insurance Corporation insured limit. The Company has exposure to credit risk on its loans held for investment and available-for-sale debt securities. The Company and the Company’s Manager seek to manage credit risk by performing due diligence prior to origination or acquisition and through the use of non‑recourse financing, when and where available and appropriate.</span></div>
CY2022 us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
65994000 usd
CY2021 us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
50080000 usd
CY2020 us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
51949000 usd
CY2022Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
0 usd
CY2021Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
0 usd
CY2022 srt Mortgage Loans On Real Estate Number Of Loans
MortgageLoansOnRealEstateNumberOfLoans
60 loan
CY2022 acre Mortgage Loans On Real Estate Number Of Loans Repaid Or Sold Since Inception
MortgageLoansOnRealEstateNumberOfLoansRepaidOrSoldSinceInception
150 loan
CY2022Q4 acre Mortgage Loans On Real Estate Total Commitment Amount
MortgageLoansOnRealEstateTotalCommitmentAmount
2600000000 usd
CY2022Q4 acre Mortgage Loans On Real Estate Total Commitment Amount Excluding Noncontrolling Interest
MortgageLoansOnRealEstateTotalCommitmentAmountExcludingNoncontrollingInterest
2300000000 usd
CY2022 acre Payments To Acquire Loans Held For Investment Including Non Cash Upsize And Excluding Capitalized Funding
PaymentsToAcquireLoansHeldForInvestmentIncludingNonCashUpsizeAndExcludingCapitalizedFunding
676900000 usd
CY2022 srt Mortgage Loans On Real Estate Collections Of Principal
MortgageLoansOnRealEstateCollectionsOfPrincipal
823200000 usd
CY2022 acre Percentage Of Loans Held For Investment Having Libor Floors
PercentageOfLoansHeldForInvestmentHavingLIBORFloors
0.902
CY2022 acre Loans Receivable Description Of Variable Rate Basis Weighted Average Floor
LoansReceivableDescriptionOfVariableRateBasisWeightedAverageFloor
0.0095
CY2022Q4 us-gaap Mortgage Loans On Real Estate Commercial And Consumer Net
MortgageLoansOnRealEstateCommercialAndConsumerNet
2264008000 usd
CY2022Q4 srt Mortgage Loans On Real Estate Face Amount Of Mortgages
MortgageLoansOnRealEstateFaceAmountOfMortgages
2282821000 usd
CY2022 acre Mortgage Loanson Real Estate Unleveraged Effective Yield Including Nonaccrual Loans
MortgageLoansonRealEstateUnleveragedEffectiveYieldIncludingNonaccrualLoans
0.085
CY2022 acre Mortgage Loanson Real Estate Unleveraged Effective Yield Excluding Nonaccrual Loans
MortgageLoansonRealEstateUnleveragedEffectiveYieldExcludingNonaccrualLoans
0.089
CY2022 acre Mortgage Loans On Real Estate Remaining Life
MortgageLoansOnRealEstateRemainingLife
P1Y4M24D
CY2021Q4 us-gaap Mortgage Loans On Real Estate Commercial And Consumer Net
MortgageLoansOnRealEstateCommercialAndConsumerNet
2414383000 usd
CY2021Q4 srt Mortgage Loans On Real Estate Face Amount Of Mortgages
MortgageLoansOnRealEstateFaceAmountOfMortgages
2429112000 usd
CY2021 acre Mortgage Loanson Real Estate Unleveraged Effective Yield Including Nonaccrual Loans
MortgageLoansonRealEstateUnleveragedEffectiveYieldIncludingNonaccrualLoans
0.054
CY2021 acre Mortgage Loanson Real Estate Unleveraged Effective Yield Excluding Nonaccrual Loans
MortgageLoansonRealEstateUnleveragedEffectiveYieldExcludingNonaccrualLoans
0.055
CY2021 acre Mortgage Loans On Real Estate Remaining Life
MortgageLoansOnRealEstateRemainingLife
P1Y7M6D
CY2022Q4 srt Mortgage Loans On Real Estate Face Amount Of Mortgages
MortgageLoansOnRealEstateFaceAmountOfMortgages
2282800000 usd
CY2022Q4 us-gaap Mortgage Loans On Real Estate Commercial And Consumer Net
MortgageLoansOnRealEstateCommercialAndConsumerNet
2264000000 usd
CY2022 acre Mortgage Loans On Real Estate Unleveraged Effective Yield
MortgageLoansOnRealEstateUnleveragedEffectiveYield
0.085
CY2020Q4 acre Mortgage Loans On Real Estate Total Commitment Amount Including Noncontrolling Interest
MortgageLoansOnRealEstateTotalCommitmentAmountIncludingNoncontrollingInterest
1815219000 usd
CY2021 us-gaap Mortgage Loans On Real Estate New Mortgage Loans
MortgageLoansOnRealEstateNewMortgageLoans
1166100000 usd
CY2021 acre Mortgage Loans On Real Estate Receipt Of Origination Fee
MortgageLoansOnRealEstateReceiptOfOriginationFee
12192000 usd
CY2021 us-gaap Mortgage Loans On Real Estate Other Additions
MortgageLoansOnRealEstateOtherAdditions
93973000 usd
CY2021 acre Mortgage Loans On Real Estate Amortizing Payments
MortgageLoansOnRealEstateAmortizingPayments
2586000 usd
CY2021 acre Mortgage Loans On Real Estate Loan Paid Off
MortgageLoansOnRealEstateLoanPaidOff
654564000 usd
CY2021 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
8433000 usd
CY2021Q4 acre Mortgage Loans On Real Estate Total Commitment Amount Including Noncontrolling Interest
MortgageLoansOnRealEstateTotalCommitmentAmountIncludingNoncontrollingInterest
2414383000 usd
CY2022 us-gaap Mortgage Loans On Real Estate New Mortgage Loans
MortgageLoansOnRealEstateNewMortgageLoans
578652000 usd
CY2022 acre Mortgage Loans On Real Estate Receipt Of Origination Fee
MortgageLoansOnRealEstateReceiptOfOriginationFee
9577000 usd
CY2022 us-gaap Mortgage Loans On Real Estate Other Additions
MortgageLoansOnRealEstateOtherAdditions
96057000 usd
CY2022 acre Mortgage Loans On Real Estate Amortizing Payments
MortgageLoansOnRealEstateAmortizingPayments
4333000 usd
CY2022 acre Mortgage Loans On Real Estate Loan Paid Off
MortgageLoansOnRealEstateLoanPaidOff
821513000 usd
CY2022 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
10339000 usd
CY2022Q4 acre Mortgage Loans On Real Estate Total Commitment Amount Including Noncontrolling Interest
MortgageLoansOnRealEstateTotalCommitmentAmountIncludingNoncontrollingInterest
2264008000 usd
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
71300000 usd
CY2022Q4 acre Mortgage Loanson Real Estate Commitment Reserveor Allowancefor Credit Loss Basis Points
MortgageLoansonRealEstateCommitmentReserveorAllowanceforCreditLossBasisPoints
284
CY2022Q4 acre Commitments
Commitments
2500000000 usd
CY2022Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
960231000 usd
CY2022Q4 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
1535000000 usd
CY2021Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1041157000 usd
CY2021Q4 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
1481755000 usd
CY2019Q4 acre Number Of Non Recourse Notes
NumberOfNonRecourseNotes
2 loan
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
0 usd
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
198193000 usd
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
612038000 usd
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
150000000 usd
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
0 usd
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
0 usd
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
960231000 usd
CY2022Q4 us-gaap Derivative Exchange Rate Floor1
DerivativeExchangeRateFloor1
0.0000
CY2022Q4 acre Commitments
Commitments
2510308000 usd
CY2021Q4 acre Commitments
Commitments
2662853000 usd
CY2022Q4 acre Funded Commitments
FundedCommitments
2282821000 usd
CY2021Q4 acre Funded Commitments
FundedCommitments
2429112000 usd
CY2022Q4 acre Unfunded Commitments
UnfundedCommitments
227487000 usd
CY2021Q4 acre Unfunded Commitments
UnfundedCommitments
233741000 usd
CY2022Q3 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
50000000 usd
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
539174 shares
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
458930 shares
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
135432 shares
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
14063 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
848609 shares
CY2022Q4 acre Share Based Compensation Arrangementby Share Based Payment Award Equity Instruments Otherthan Options Expectedto Vestinthe Remainderofthe Year
ShareBasedCompensationArrangementbyShareBasedPaymentAwardEquityInstrumentsOtherthanOptionsExpectedtoVestintheRemainderoftheYear
182326 shares
CY2022Q4 acre Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Expected To Vest In Year Two
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExpectedToVestInYearTwo
287073 shares
CY2022Q4 acre Share Based Compensation Arrangementby Share Based Payment Award Equity Instruments Otherthan Options Expectedto Vestin Year Three
ShareBasedCompensationArrangementbyShareBasedPaymentAwardEquityInstrumentsOtherthanOptionsExpectedtoVestinYearThree
234514 shares
CY2022Q4 acre Share Based Compensation Arrangementby Share Based Payment Award Equity Instruments Otherthan Options Expectedto Vestin Year Four
ShareBasedCompensationArrangementbyShareBasedPaymentAwardEquityInstrumentsOtherthanOptionsExpectedtoVestinYearFour
144696 shares
CY2022Q4 acre Share Based Compensation Arrangementby Share Based Payment Award Equity Instruments Otherthan Options Expectedto Vestin Year Five
ShareBasedCompensationArrangementbyShareBasedPaymentAwardEquityInstrumentsOtherthanOptionsExpectedtoVestinYearFive
0 shares
CY2022Q4 acre Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Grants To Date
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingGrantsToDate
848609 shares
CY2022Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
8000000 usd
CY2021Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
6000000 usd
CY2020Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
3700000 usd
CY2022 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y3M18D
CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
29785000 usd
CY2022 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
29785000 usd
CY2021 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
60460000 usd
CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
60460000 usd
CY2020 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
21840000 usd
CY2020 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
21840000 usd
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
51679744 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
42399613 shares
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
32977462 shares
CY2022 us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
446512 shares
CY2021 us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
281892 shares
CY2020 us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
219046 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
52126256 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
42681505 shares
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
33196508 shares
CY2022 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.58
CY2021 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
1.43
CY2020 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.66
CY2022 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.57
CY2021 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
1.42
CY2020 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.66
CY2022 acre Excise Taxes Rate
ExciseTaxesRate
0.04
CY2022 acre Number Of Debt Securities Available For Sale Purchased With Credit Deterioration Amount At Purchase Price
NumberOfDebtSecuritiesAvailableForSalePurchasedWithCreditDeteriorationAmountAtPurchasePrice
3 loan
CY2022 us-gaap Debt Securities Available For Sale Purchased With Credit Deterioration Amount At Purchase Price
DebtSecuritiesAvailableForSalePurchasedWithCreditDeteriorationAmountAtPurchasePrice
27900000 usd
CY2022Q4 us-gaap Debt Securities Available For Sale Term
DebtSecuritiesAvailableForSaleTerm
P10Y
CY2022Q4 acre Number Of Debt Securities Available For Sale
NumberOfDebtSecuritiesAvailableForSale
3 investment
CY2021Q4 acre Number Of Debt Securities Available For Sale
NumberOfDebtSecuritiesAvailableForSale
0 investment
CY2022Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
28000000 usd
CY2022Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
27881000 usd
CY2022 us-gaap Debt Securities Available For Sale Purchased With Credit Deterioration Discount Premium
DebtSecuritiesAvailableForSalePurchasedWithCreditDeteriorationDiscountPremium
119000 usd
CY2022 us-gaap Debt Securities Available For Sale Unrealized Gain Loss
DebtSecuritiesAvailableForSaleUnrealizedGainLoss
55000 usd
CY2022Q1 acre Related Party Transaction Amendment To Management Agreement Real Estate Revenues Excluded From Net Income
RelatedPartyTransactionAmendmentToManagementAgreementRealEstateRevenuesExcludedFromNetIncome
2400000 usd
CY2022Q1 acre Related Party Transaction Amendment To Management Agreement Gain On Interest Rate Cap Derivatives Revenues Included In Net Income
RelatedPartyTransactionAmendmentToManagementAgreementGainOnInterestRateCapDerivativesRevenuesIncludedInNetIncome
2000000 usd
CY2022 us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
3400000 usd
CY2021 us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
2800000 usd
CY2020 us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
800000 usd
CY2022 acre Related Party Transactions Management Fee Renewal Term
RelatedPartyTransactionsManagementFeeRenewalTerm
P1Y
CY2022 acre Related Party Transactions Termination Fee Based On Average Annual Management And Incentive Fees Ratio
RelatedPartyTransactionsTerminationFeeBasedOnAverageAnnualManagementAndIncentiveFeesRatio
3
CY2022 acre Related Party Transactions Management Fee Look Back Period
RelatedPartyTransactionsManagementFeeLookBackPeriod
P24M
CY2022Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.35
CY2022Q4 us-gaap Dividends
Dividends
19347000 usd
CY2022Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.35
CY2022Q3 us-gaap Dividends
Dividends
19196000 usd
CY2022Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.35
CY2022Q2 us-gaap Dividends
Dividends
19198000 usd
CY2022Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.35
CY2022Q1 us-gaap Dividends
Dividends
16740000 usd
CY2022 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.40
CY2022 us-gaap Dividends
Dividends
74481000 usd
CY2021Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.35
CY2021Q4 us-gaap Dividends
Dividends
16674000 usd
CY2021Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.35
CY2021Q3 us-gaap Dividends
Dividends
16524000 usd
CY2021Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.35
CY2021Q2 us-gaap Dividends
Dividends
16528000 usd
CY2021Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.35
CY2021Q1 us-gaap Dividends
Dividends
14248000 usd
CY2021 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.40
CY2021 us-gaap Dividends
Dividends
63974000 usd
CY2020Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.33
CY2020Q4 us-gaap Dividends
Dividends
11124000 usd
CY2020Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.33
CY2020Q3 us-gaap Dividends
Dividends
11072000 usd
CY2020Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.33
CY2020Q2 us-gaap Dividends
Dividends
11072000 usd
CY2020Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.33
CY2020Q1 us-gaap Dividends
Dividends
11057000 usd
CY2020 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.32
CY2020 us-gaap Dividends
Dividends
44325000 usd
CY2022Q4 us-gaap Dividends Payable Amount Per Share
DividendsPayableAmountPerShare
0.33
CY2022Q4 acre Common Stock Dividends Per Share Supplemental Cash Dividend
CommonStockDividendsPerShareSupplementalCashDividend
0.02
CY2022Q4 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
127600000 usd
CY2021Q4 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
105400000 usd
CY2022 us-gaap Concentration Risk Credit Risk Financial Instrument Maximum Exposure
ConcentrationRiskCreditRiskFinancialInstrumentMaximumExposure
238200000 usd

Files In Submission

Name View Source Status
acre-20221231_pre.xml Edgar Link unprocessable
acre-20221231_lab.xml Edgar Link unprocessable
0001628280-23-003601-index-headers.html Edgar Link pending
0001628280-23-003601-index.html Edgar Link pending
0001628280-23-003601.txt Edgar Link pending
0001628280-23-003601-xbrl.zip Edgar Link pending
acre-20221231.htm Edgar Link pending
acre-20221231.xsd Edgar Link pending
acre-20221231_g1.jpg Edgar Link pending
acre-20221231_g2.jpg Edgar Link pending
acreq4-22exhibit211.htm Edgar Link pending
acreq4-22exhibit231.htm Edgar Link pending
acreq4-22exhibit311.htm Edgar Link pending
acreq4-22exhibit312.htm Edgar Link pending
acreq4-22exhibit32.htm Edgar Link pending
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Financial_Report.xlsx Edgar Link pending
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acre-20221231_htm.xml Edgar Link completed
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report.css Edgar Link pending
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acre-20221231_cal.xml Edgar Link unprocessable