2023 Q4 Form 10-Q Financial Statement

#000162828023036540 Filed on November 03, 2023

View on sec.gov

Income Statement

Concept 2023 Q4 2023 Q3
Revenue $47.51M $23.88M
YoY Change -9.6% -12.42%
Cost Of Revenue $32.90M $32.72M
YoY Change 24.48% 47.19%
Gross Profit $14.61M $20.91M
YoY Change -44.08% -10.65%
Gross Profit Margin 30.74% 87.55%
Selling, General & Admin $4.621M $3.360M
YoY Change 30.43% 2.78%
% of Gross Profit 31.64% 16.07%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $816.0K $200.0K
YoY Change
% of Gross Profit 5.59% 0.96%
Operating Expenses $54.11M $11.74M
YoY Change 135.81% -48.4%
Operating Profit -$39.50M $9.170M
YoY Change -1344.49% 1312.94%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$39.50M $9.168M
YoY Change -1344.49% 1312.63%
Income Tax -$87.00K -$16.00K
% Of Pretax Income -0.17%
Net Earnings -$39.41M $9.184M
YoY Change -1454.4% 1326.09%
Net Earnings / Revenue -82.96% 38.45%
Basic Earnings Per Share
Diluted Earnings Per Share -$0.73 $0.17
COMMON SHARES
Basic Shares Outstanding 54.14M shares 54.14M shares
Diluted Shares Outstanding 54.80M shares

Balance Sheet

Concept 2023 Q4 2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $110.5M $61.00M
YoY Change -21.81% -21.08%
Cash & Equivalents $110.5M $61.02M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $110.5M $61.00M
YoY Change -21.81% -21.08%
LONG-TERM ASSETS
Property, Plant & Equipment $83.28M $84.10M
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $28.06M $28.10M
YoY Change 0.44% 1.33%
Other Assets
YoY Change
Total Long-Term Assets $2.169B $2.302B
YoY Change -8.92% -13.12%
TOTAL ASSETS
Total Short-Term Assets $110.5M $61.00M
Total Long-Term Assets $2.169B $2.302B
Total Assets $2.280B $2.363B
YoY Change -9.64% -13.35%
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 $22.36M $22.20M
YoY Change -10.32% -7.79%
LONG-TERM LIABILITIES
Long-Term Debt $1.617B $1.644B
YoY Change -6.89% -14.56%
Other Long-Term Liabilities $14.58M $14.40M
YoY Change 4.4% 15.63%
Total Long-Term Liabilities $1.632B $1.658B
YoY Change -6.8% -14.36%
TOTAL LIABILITIES
Total Short-Term Liabilities $22.36M $22.20M
Total Long-Term Liabilities $1.632B $1.658B
Total Liabilities $1.654B $1.680B
YoY Change -6.85% -14.28%
SHAREHOLDERS EQUITY
Retained Earnings -$187.0M -$129.4M
YoY Change 155.05% 127.44%
Common Stock $812.7M $811.7M
YoY Change -0.07% -0.11%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $625.8M $683.0M
YoY Change
Total Liabilities & Shareholders Equity $2.280B $2.363B
YoY Change -9.64% -13.35%

Cashflow Statement

Concept 2023 Q4 2023 Q3
OPERATING ACTIVITIES
Net Income -$39.41M $9.184M
YoY Change -1454.4% 1326.09%
Depreciation, Depletion And Amortization $816.0K $200.0K
YoY Change
Cash From Operating Activities $10.09M $13.50M
YoY Change -33.14% 4.53%
INVESTING ACTIVITIES
Capital Expenditures $0.00
YoY Change
Acquisitions
YoY Change
Other Investing Activities $85.86M -$47.70M
YoY Change -66.61% -489.51%
Cash From Investing Activities $85.86M -$47.70M
YoY Change -66.61% -489.51%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -46.47M -47.50M
YoY Change -77.68% -279.17%
NET CHANGE
Cash From Operating Activities 10.09M 13.50M
Cash From Investing Activities 85.86M -47.70M
Cash From Financing Activities -46.47M -47.50M
Net Change In Cash 49.48M -81.70M
YoY Change -22.66% -258.11%
FREE CASH FLOW
Cash From Operating Activities $10.09M $13.50M
Capital Expenditures $0.00
Free Cash Flow $10.09M
YoY Change -33.14%

Facts In Submission

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GeneralAndAdministrativeExpensesReimbursedToAffiliate
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44373000 usd
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594000 usd
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27083000 usd
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18082000 usd
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us-gaap Provision For Loan Lease And Other Losses
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us-gaap Gain Loss On Sale Of Mortgage Loans
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us-gaap Gain Loss On Sale Of Mortgage Loans
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CY2022Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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699000 usd
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CY2022Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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673000 usd
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CY2022Q3 us-gaap Net Income Loss
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CY2022Q4 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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738000 usd
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CY2022Q4 us-gaap Net Income Loss
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19346000 usd
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747540000 usd
CY2023Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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960000 usd
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CY2023Q1 us-gaap Net Income Loss
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CY2023Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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1004000 usd
CY2023Q2 us-gaap Stock Repurchased And Retired During Period Value
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CY2023Q2 us-gaap Net Income Loss
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CY2023Q3 us-gaap Net Income Loss
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18082000 usd
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us-gaap Net Income Loss
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us-gaap Amortization Of Financing Costs
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us-gaap Amortization Of Deferred Loan Origination Fees Net
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4865000 usd
us-gaap Amortization Of Deferred Loan Origination Fees Net
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7878000 usd
us-gaap Share Based Compensation
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2950000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
2138000 usd
us-gaap Depreciation Depletion And Amortization
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us-gaap Depreciation Depletion And Amortization
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us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
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us-gaap Provision For Loan Lease And Other Losses
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us-gaap Gain Loss On Sale Of Mortgage Loans
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us-gaap Gain Loss On Sale Of Mortgage Loans
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us-gaap Amortization Of Deferred Hedge Gains
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us-gaap Gains Losses On Sales Of Investment Real Estate
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us-gaap Increase Decrease In Other Operating Assets
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us-gaap Increase Decrease In Other Operating Assets
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us-gaap Gains Losses On Sales Of Investment Real Estate
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us-gaap Gains Losses On Sales Of Investment Real Estate
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2197000 usd
us-gaap Increase Decrease In Other Operating Assets
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us-gaap Increase Decrease In Other Operating Assets
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us-gaap Increase Decrease In Due To Affiliates
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36702000 usd
us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Proceeds From Collection Of Loans Receivable
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us-gaap Proceeds From Sale Of Loans Held For Sale
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us-gaap Proceeds From Loan And Lease Originations And Principal Collections1
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us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
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us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
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us-gaap Proceeds From Notes Payable
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us-gaap Repayments Of Notes Payable
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us-gaap Payments Of Financing Costs
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us-gaap Payments Of Financing Costs
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us-gaap Repayments Of Related Party Debt
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us-gaap Repayments Of Related Party Debt
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us-gaap Payments Of Dividends Common Stock
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us-gaap Payments Of Dividends Common Stock
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us-gaap Proceeds From Sale Of Treasury Stock
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us-gaap Payments For Repurchase Of Common Stock
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acre Payments For Offering Costs On Public Offering
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us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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26682000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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acre Dividend Declared Not Yet Paid
DividendDeclaredNotYetPaid
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acre Dividend Declared Not Yet Paid
DividendDeclaredNotYetPaid
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us-gaap Notes Issued1
NotesIssued1
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us-gaap Notes Issued1
NotesIssued1
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us-gaap Increase Decrease In Due To Affiliates
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us-gaap Increase Decrease In Other Operating Liabilities
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472000 usd
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36702000 usd
us-gaap Proceeds From Collection Of Loans Receivable
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us-gaap Proceeds From Collection Of Loans Receivable
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500852000 usd
us-gaap Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
37200000 usd
us-gaap Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
0 usd
us-gaap Proceeds From Loan And Lease Originations And Principal Collections1
ProceedsFromLoanAndLeaseOriginationsAndPrincipalCollections1
1236000 usd
us-gaap Proceeds From Loan And Lease Originations And Principal Collections1
ProceedsFromLoanAndLeaseOriginationsAndPrincipalCollections1
7359000 usd
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
0 usd
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
38227000 usd
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
0 usd
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
27872000 usd
us-gaap Payments For Proceeds From Derivative Instrument Investing Activities
PaymentsForProceedsFromDerivativeInstrumentInvestingActivities
0 usd
us-gaap Payments For Proceeds From Derivative Instrument Investing Activities
PaymentsForProceedsFromDerivativeInstrumentInvestingActivities
-2085000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
41613000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-63954000 usd
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
0 usd
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
105000000 usd
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
0 usd
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
51110000 usd
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
2359000 usd
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
3000000 usd
us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
43020000 usd
us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
40748000 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
57873000 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
52611000 usd
us-gaap Proceeds From Sale Of Treasury Stock
ProceedsFromSaleOfTreasuryStock
0 usd
us-gaap Proceeds From Sale Of Treasury Stock
ProceedsFromSaleOfTreasuryStock
106267000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
4600000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 usd
acre Payments For Offering Costs On Public Offering
PaymentsForOfferingCostsOnPublicOffering
0 usd
acre Payments For Offering Costs On Public Offering
PaymentsForOfferingCostsOnPublicOffering
163000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-158576000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
48569000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-80261000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
26682000 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
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
61017000 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
77297000 usd
acre Dividend Declared Not Yet Paid
DividendDeclaredNotYetPaid
18082000 usd
acre Dividend Declared Not Yet Paid
DividendDeclaredNotYetPaid
19196000 usd
us-gaap Notes Issued1
NotesIssued1
99418000 usd
us-gaap Notes Issued1
NotesIssued1
131662000 usd
CY2023Q3 srt Mortgage Loans On Real Estate Face Amount Of Mortgages
MortgageLoansOnRealEstateFaceAmountOfMortgages
2203100000 usd
CY2023Q3 us-gaap Mortgage Loans On Real Estate Commercial And Consumer Net
MortgageLoansOnRealEstateCommercialAndConsumerNet
2180400000 usd
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
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 high inflation, changes to fiscal and monetary policy, high interest rates, potential market-wide liquidity problems, 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 September 30, 2023, however, uncertainty over the global economy and the Company’s business, makes any estimates and assumptions as of September 30, 2023 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>
CY2023Q3 acre Mortgage Loans On Real Estate Total Commitment Amount Excluding Noncontrolling Interest
MortgageLoansOnRealEstateTotalCommitmentAmountExcludingNoncontrollingInterest
2200000000 usd
acre Payments To Acquire Loans Held For Investment Including Non Cash Upsize And Excluding Capitalized Funding
PaymentsToAcquireLoansHeldForInvestmentIncludingNonCashUpsizeAndExcludingCapitalizedFunding
196500000 usd
srt Mortgage Loans On Real Estate Collections Of Principal
MortgageLoansOnRealEstateCollectionsOfPrincipal
150400000 usd
acre Mortgage Loans On Real Estate Number Of Loans Sold
MortgageLoansOnRealEstateNumberOfLoansSold
2 loan
CY2023Q3 us-gaap Principal Amount Outstanding On Loans Held For Sale Or Securitization
PrincipalAmountOutstandingOnLoansHeldForSaleOrSecuritization
41500000 usd
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
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 high inflation, changes to fiscal and monetary policy, high interest rates, potential market-wide liquidity problems, 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 September 30, 2023, however, uncertainty over the global economy and the Company’s business, makes any estimates and assumptions as of September 30, 2023 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>
acre Mortgage Loans On Real Estate Unleveraged Effective Yield
MortgageLoansOnRealEstateUnleveragedEffectiveYield
0.086
CY2023Q3 us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
29745000 usd
CY2023Q3 us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
29745000 usd
CY2022Q3 us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
18362000 usd
us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
79695000 usd
us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
43851000 usd
srt Mortgage Loans On Real Estate Number Of Loans
MortgageLoansOnRealEstateNumberOfLoans
49 loan
acre Mortgage Loans On Real Estate Number Of Loans Repaid Or Sold Since Inception
MortgageLoansOnRealEstateNumberOfLoansRepaidOrSoldSinceInception
164 loan
CY2023Q3 acre Mortgage Loans On Real Estate Total Commitment Amount
MortgageLoansOnRealEstateTotalCommitmentAmount
2400000000 usd
srt Mortgage Loans On Real Estate Number Of Loans
MortgageLoansOnRealEstateNumberOfLoans
49 loan
acre Mortgage Loans On Real Estate Number Of Loans Repaid Or Sold Since Inception
MortgageLoansOnRealEstateNumberOfLoansRepaidOrSoldSinceInception
164 loan
CY2023Q3 acre Mortgage Loans On Real Estate Total Commitment Amount
MortgageLoansOnRealEstateTotalCommitmentAmount
2400000000 usd
CY2023Q3 acre Mortgage Loans On Real Estate Total Commitment Amount Excluding Noncontrolling Interest
MortgageLoansOnRealEstateTotalCommitmentAmountExcludingNoncontrollingInterest
2200000000 usd
acre Payments To Acquire Loans Held For Investment Including Non Cash Upsize And Excluding Capitalized Funding
PaymentsToAcquireLoansHeldForInvestmentIncludingNonCashUpsizeAndExcludingCapitalizedFunding
196500000 usd
srt Mortgage Loans On Real Estate Collections Of Principal
MortgageLoansOnRealEstateCollectionsOfPrincipal
150400000 usd
acre Mortgage Loans On Real Estate Number Of Loans Sold
MortgageLoansOnRealEstateNumberOfLoansSold
2 loan
CY2023Q3 us-gaap Principal Amount Outstanding On Loans Held For Sale Or Securitization
PrincipalAmountOutstandingOnLoansHeldForSaleOrSecuritization
41500000 usd
acre Percentage Of Loans Held For Investment Having Libor Floors
PercentageOfLoansHeldForInvestmentHavingLIBORFloors
0.700
acre Loans Receivable Description Of Variable Rate Basis Weighted Average Floor
LoansReceivableDescriptionOfVariableRateBasisWeightedAverageFloor
0.0112
CY2023Q3 us-gaap Mortgage Loans On Real Estate Commercial And Consumer Net
MortgageLoansOnRealEstateCommercialAndConsumerNet
2180412000 usd
CY2023Q3 srt Mortgage Loans On Real Estate Face Amount Of Mortgages
MortgageLoansOnRealEstateFaceAmountOfMortgages
2203074000 usd
acre Mortgage Loanson Real Estate Unleveraged Effective Yield Including Nonaccrual Loans
MortgageLoansonRealEstateUnleveragedEffectiveYieldIncludingNonaccrualLoans
0.086
acre Mortgage Loanson Real Estate Unleveraged Effective Yield Excluding Nonaccrual Loans
MortgageLoansonRealEstateUnleveragedEffectiveYieldExcludingNonaccrualLoans
0.095
acre Mortgage Loans On Real Estate Remaining Life
MortgageLoansOnRealEstateRemainingLife
P1Y2M12D
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
CY2023Q3 srt Mortgage Loans On Real Estate Face Amount Of Mortgages
MortgageLoansOnRealEstateFaceAmountOfMortgages
2203100000 usd
CY2023Q3 us-gaap Mortgage Loans On Real Estate Commercial And Consumer Net
MortgageLoansOnRealEstateCommercialAndConsumerNet
2180400000 usd
acre Mortgage Loans On Real Estate Unleveraged Effective Yield
MortgageLoansOnRealEstateUnleveragedEffectiveYield
0.086
CY2022Q4 acre Mortgage Loans On Real Estate Total Commitment Amount Including Noncontrolling Interest
MortgageLoansOnRealEstateTotalCommitmentAmountIncludingNoncontrollingInterest
2264008000 usd
us-gaap Mortgage Loans On Real Estate New Mortgage Loans
MortgageLoansOnRealEstateNewMortgageLoans
114542000 usd
acre Mortgage Loans On Real Estate Receipt Of Origination Fee
MortgageLoansOnRealEstateReceiptOfOriginationFee
1419000 usd
us-gaap Mortgage Loans On Real Estate Other Additions
MortgageLoansOnRealEstateOtherAdditions
82008000 usd
acre Mortgage Loans On Real Estate Amortizing Payments
MortgageLoansOnRealEstateAmortizingPayments
10016000 usd
acre Mortgage Loans On Real Estate Loan Paid Off
MortgageLoansOnRealEstateLoanPaidOff
149392000 usd
acre Mortgage Loans On Real Estate Loan Sold
MortgageLoansOnRealEstateLoanSold
41489000 usd
acre Mortgage Loans Loan Converted To Real Estate Owned
MortgageLoansLoanConvertedToRealEstateOwned
82676000 usd
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
4846000 usd
CY2023Q3 acre Mortgage Loans On Real Estate Total Commitment Amount Including Noncontrolling Interest
MortgageLoansOnRealEstateTotalCommitmentAmountIncludingNoncontrollingInterest
2180412000 usd
CY2023Q3 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
115700000 usd
CY2023Q3 acre Commitments
Commitments
2300000000 usd
CY2022Q4 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
1535000000 usd
CY2022Q4 acre Mortgage Loans On Real Estate Total Commitment Amount Including Noncontrolling Interest
MortgageLoansOnRealEstateTotalCommitmentAmountIncludingNoncontrollingInterest
2264008000 usd
us-gaap Mortgage Loans On Real Estate New Mortgage Loans
MortgageLoansOnRealEstateNewMortgageLoans
114542000 usd
acre Mortgage Loans On Real Estate Receipt Of Origination Fee
MortgageLoansOnRealEstateReceiptOfOriginationFee
1419000 usd
us-gaap Mortgage Loans On Real Estate Other Additions
MortgageLoansOnRealEstateOtherAdditions
82008000 usd
acre Mortgage Loans On Real Estate Amortizing Payments
MortgageLoansOnRealEstateAmortizingPayments
10016000 usd
acre Mortgage Loans On Real Estate Loan Paid Off
MortgageLoansOnRealEstateLoanPaidOff
149392000 usd
acre Mortgage Loans On Real Estate Loan Sold
MortgageLoansOnRealEstateLoanSold
41489000 usd
acre Mortgage Loans Loan Converted To Real Estate Owned
MortgageLoansLoanConvertedToRealEstateOwned
82676000 usd
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
4846000 usd
CY2023Q3 acre Mortgage Loans On Real Estate Total Commitment Amount Including Noncontrolling Interest
MortgageLoansOnRealEstateTotalCommitmentAmountIncludingNoncontrollingInterest
2180412000 usd
CY2023Q3 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
115700000 usd
CY2023Q3 acre Commitments
Commitments
2300000000 usd
CY2023Q3 us-gaap Below Market Lease Gross
BelowMarketLeaseGross
11084000 usd
CY2023Q3 us-gaap Below Market Lease Accumulated Amortization
BelowMarketLeaseAccumulatedAmortization
66000 usd
CY2023Q3 us-gaap Below Market Lease Net
BelowMarketLeaseNet
11018000 usd
CY2019Q4 acre Number Of Non Recourse Notes
NumberOfNonRecourseNotes
2 loan
CY2023Q3 us-gaap Below Market Lease Gross
BelowMarketLeaseGross
11084000 usd
CY2023Q3 us-gaap Below Market Lease Accumulated Amortization
BelowMarketLeaseAccumulatedAmortization
66000 usd
CY2023Q3 us-gaap Below Market Lease Net
BelowMarketLeaseNet
11018000 usd
CY2023Q3 us-gaap Below Market Lease Amortization Income Remainder Of Fiscal Year
BelowMarketLeaseAmortizationIncomeRemainderOfFiscalYear
257000 usd
CY2023Q3 us-gaap Below Market Lease Amortization Income Next Twelve Months
BelowMarketLeaseAmortizationIncomeNextTwelveMonths
1027000 usd
CY2023Q3 us-gaap Below Market Lease Amortization Income Year Two
BelowMarketLeaseAmortizationIncomeYearTwo
1027000 usd
CY2023Q3 us-gaap Below Market Lease Amortization Income Year Three
BelowMarketLeaseAmortizationIncomeYearThree
618000 usd
CY2023Q3 us-gaap Below Market Lease Amortization Income Year Four
BelowMarketLeaseAmortizationIncomeYearFour
571000 usd
CY2023Q3 acre Below Market Lease Amortization Income After Year Four
BelowMarketLeaseAmortizationIncomeAfterYearFour
7518000 usd
CY2023Q3 us-gaap Below Market Lease Net
BelowMarketLeaseNet
11018000 usd
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
848609 shares
CY2023Q3 us-gaap Below Market Lease Amortization Income Remainder Of Fiscal Year
BelowMarketLeaseAmortizationIncomeRemainderOfFiscalYear
257000 usd
CY2023Q3 us-gaap Below Market Lease Amortization Income Next Twelve Months
BelowMarketLeaseAmortizationIncomeNextTwelveMonths
1027000 usd
CY2023Q3 us-gaap Below Market Lease Amortization Income Year Two
BelowMarketLeaseAmortizationIncomeYearTwo
1027000 usd
CY2023Q3 us-gaap Below Market Lease Amortization Income Year Three
BelowMarketLeaseAmortizationIncomeYearThree
618000 usd
CY2023Q3 us-gaap Below Market Lease Amortization Income Year Four
BelowMarketLeaseAmortizationIncomeYearFour
571000 usd
CY2023Q3 acre Below Market Lease Amortization Income After Year Four
BelowMarketLeaseAmortizationIncomeAfterYearFour
7518000 usd
CY2023Q3 us-gaap Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year
LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear
2421000 usd
CY2023Q3 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
9771000 usd
CY2023Q3 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
9885000 usd
CY2023Q3 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
10002000 usd
CY2023Q3 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
9903000 usd
CY2023Q3 acre Lessor Operating Lease Payment To Be Received After Year Four
LessorOperatingLeasePaymentToBeReceivedAfterYearFour
43910000 usd
CY2023Q3 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
85892000 usd
CY2023Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
909507000 usd
CY2023Q3 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
1535000000 usd
CY2022Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
960231000 usd
CY2023Q3 us-gaap Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year
LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear
2421000 usd
CY2023Q3 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
9771000 usd
CY2023Q3 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
9885000 usd
CY2023Q3 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
10002000 usd
CY2023Q3 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
9903000 usd
CY2023Q3 acre Lessor Operating Lease Payment To Be Received After Year Four
LessorOperatingLeasePaymentToBeReceivedAfterYearFour
43910000 usd
CY2023Q3 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
85892000 usd
CY2023Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
909507000 usd
CY2023Q3 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
1535000000 usd
CY2022Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
960231000 usd
CY2022Q4 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
1535000000 usd
CY2019Q4 acre Number Of Non Recourse Notes
NumberOfNonRecourseNotes
2 loan
CY2023Q3 us-gaap Derivative Exchange Rate Floor1
DerivativeExchangeRateFloor1
0.0000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
64266 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
193692 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
10499 shares
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
708684 shares
CY2023Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.17
CY2023Q3 us-gaap Derivative Exchange Rate Floor1
DerivativeExchangeRateFloor1
0.0000
CY2023Q3 acre Commitments
Commitments
2342155000 usd
CY2022Q4 acre Commitments
Commitments
2510308000 usd
CY2023Q3 acre Funded Commitments
FundedCommitments
2203074000 usd
CY2022Q4 acre Funded Commitments
FundedCommitments
2282821000 usd
CY2023Q3 acre Unfunded Commitments
UnfundedCommitments
139081000 usd
CY2022Q4 acre Unfunded Commitments
UnfundedCommitments
227487000 usd
CY2022Q3 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
50000000 usd
CY2023Q3 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
50000000 usd
CY2023Q3 acre Commitments
Commitments
2342155000 usd
CY2022Q4 acre Commitments
Commitments
2510308000 usd
CY2023Q3 acre Funded Commitments
FundedCommitments
2203074000 usd
CY2022Q4 acre Funded Commitments
FundedCommitments
2282821000 usd
CY2023Q3 acre Unfunded Commitments
UnfundedCommitments
139081000 usd
CY2022Q4 acre Unfunded Commitments
UnfundedCommitments
227487000 usd
CY2022Q3 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
50000000 usd
CY2023Q3 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
50000000 usd
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
848609 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
64266 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
193692 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
10499 shares
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
708684 shares
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
54846756 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
55043206 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
51193238 shares
CY2023Q3 acre Share Based Compensation Arrangementby Share Based Payment Award Equity Instruments Otherthan Options Expectedto Vestinthe Remainderofthe Year
ShareBasedCompensationArrangementbyShareBasedPaymentAwardEquityInstrumentsOtherthanOptionsExpectedtoVestintheRemainderoftheYear
20770 shares
CY2023Q3 acre Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Expected To Vest In Year Two
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExpectedToVestInYearTwo
314869 shares
CY2023Q3 acre Share Based Compensation Arrangementby Share Based Payment Award Equity Instruments Otherthan Options Expectedto Vestin Year Three
ShareBasedCompensationArrangementbyShareBasedPaymentAwardEquityInstrumentsOtherthanOptionsExpectedtoVestinYearThree
230182 shares
CY2023Q3 acre Share Based Compensation Arrangementby Share Based Payment Award Equity Instruments Otherthan Options Expectedto Vestin Year Four
ShareBasedCompensationArrangementbyShareBasedPaymentAwardEquityInstrumentsOtherthanOptionsExpectedtoVestinYearFour
142863 shares
CY2023Q3 acre Share Based Compensation Arrangementby Share Based Payment Award Equity Instruments Otherthan Options Expectedto Vestin Year Five
ShareBasedCompensationArrangementbyShareBasedPaymentAwardEquityInstrumentsOtherthanOptionsExpectedtoVestinYearFive
0 shares
CY2023Q3 acre Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Grants To Date
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingGrantsToDate
708684 shares
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
9184000 usd
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
9184000 usd
CY2022Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
644000 usd
CY2022Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
644000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
546000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
546000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
26875000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
26875000 usd
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
54085035 shares
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
54415545 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
54339441 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
50753915 shares
CY2023Q3 us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
711378 shares
CY2022Q3 us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
431211 shares
us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
703765 shares
us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
439323 shares
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
54796413 shares
CY2023Q3 acre Share Based Compensation Arrangementby Share Based Payment Award Equity Instruments Otherthan Options Expectedto Vestinthe Remainderofthe Year
ShareBasedCompensationArrangementbyShareBasedPaymentAwardEquityInstrumentsOtherthanOptionsExpectedtoVestintheRemainderoftheYear
20770 shares
CY2023Q3 acre Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Expected To Vest In Year Two
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExpectedToVestInYearTwo
314869 shares
CY2023Q3 acre Share Based Compensation Arrangementby Share Based Payment Award Equity Instruments Otherthan Options Expectedto Vestin Year Three
ShareBasedCompensationArrangementbyShareBasedPaymentAwardEquityInstrumentsOtherthanOptionsExpectedtoVestinYearThree
230182 shares
CY2023Q3 acre Share Based Compensation Arrangementby Share Based Payment Award Equity Instruments Otherthan Options Expectedto Vestin Year Four
ShareBasedCompensationArrangementbyShareBasedPaymentAwardEquityInstrumentsOtherthanOptionsExpectedtoVestinYearFour
142863 shares
CY2023Q3 acre Share Based Compensation Arrangementby Share Based Payment Award Equity Instruments Otherthan Options Expectedto Vestin Year Five
ShareBasedCompensationArrangementbyShareBasedPaymentAwardEquityInstrumentsOtherthanOptionsExpectedtoVestinYearFive
0 shares
CY2023Q3 acre Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Grants To Date
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingGrantsToDate
708684 shares
CY2022Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
644000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
546000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
546000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
26875000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
26875000 usd
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
54085035 shares
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
54415545 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
54339441 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
50753915 shares
CY2023Q3 us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
711378 shares
CY2022Q3 us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
431211 shares
us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
703765 shares
us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
439323 shares
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
54796413 shares
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
54846756 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
55043206 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
51193238 shares
CY2023Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.17
CY2022Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.01
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.01
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.53
CY2023Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.17
CY2022Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.01
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.01
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.52
CY2023Q3 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2023Q3 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2023Q3 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2023Q3 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2022Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.01
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.01
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.53
CY2023Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.17
CY2022Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.01
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.01
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.52
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
CY2023Q3 acre Number Of Debt Securities Available For Sale
NumberOfDebtSecuritiesAvailableForSale
3 investment
CY2022Q4 acre Number Of Debt Securities Available For Sale
NumberOfDebtSecuritiesAvailableForSale
3 investment
CY2023Q3 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
28000000 usd
CY2023Q3 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
27900000 usd
us-gaap Debt Securities Available For Sale Purchased With Credit Deterioration Discount Premium
DebtSecuritiesAvailableForSalePurchasedWithCreditDeteriorationDiscountPremium
100000 usd
us-gaap Debt Securities Available For Sale Unrealized Gain Loss
DebtSecuritiesAvailableForSaleUnrealizedGainLoss
236000 usd
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
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
CY2023Q3 acre Number Of Debt Securities Available For Sale
NumberOfDebtSecuritiesAvailableForSale
3 investment
CY2022Q4 acre Number Of Debt Securities Available For Sale
NumberOfDebtSecuritiesAvailableForSale
3 investment
CY2023Q3 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
28000000 usd
CY2023Q3 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
27900000 usd
us-gaap Debt Securities Available For Sale Purchased With Credit Deterioration Discount Premium
DebtSecuritiesAvailableForSalePurchasedWithCreditDeteriorationDiscountPremium
100000 usd
us-gaap Debt Securities Available For Sale Unrealized Gain Loss
DebtSecuritiesAvailableForSaleUnrealizedGainLoss
236000 usd
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
acre Related Party Transactions Management Fee Renewal Term
RelatedPartyTransactionsManagementFeeRenewalTerm
P1Y
acre Related Party Transactions Termination Fee Based On Average Annual Management And Incentive Fees Ratio
RelatedPartyTransactionsTerminationFeeBasedOnAverageAnnualManagementAndIncentiveFeesRatio
3
acre Related Party Transactions Management Fee Look Back Period
RelatedPartyTransactionsManagementFeeLookBackPeriod
P24M
acre Number Of Affiliates Of Company Manager Whom May Originate Commercial Real Estate Loans
NumberOfAffiliatesOfCompanyManagerWhomMayOriginateCommercialRealEstateLoans
1 loan
CY2023Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.33
CY2023Q3 us-gaap Dividends
Dividends
18082000 usd
CY2023Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.35
CY2023Q2 us-gaap Dividends
Dividends
19180000 usd
CY2023Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.35
CY2023Q1 us-gaap Dividends
Dividends
19346000 usd
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.03
us-gaap Dividends
Dividends
56608000 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
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.05
us-gaap Dividends
Dividends
55134000 usd
CY2023Q3 us-gaap Dividends Payable Amount Per Share
DividendsPayableAmountPerShare
0.33
CY2023Q3 acre Common Stock Dividends Per Share Supplemental Cash Dividend
CommonStockDividendsPerShareSupplementalCashDividend
0.02
CY2023Q3 acre Receivables Related To Repayments Of Outstanding Principal On Previous Mortgage Assets
ReceivablesRelatedToRepaymentsOfOutstandingPrincipalOnPreviousMortgageAssets
99400000 usd
CY2022Q4 acre Receivables Related To Repayments Of Outstanding Principal On Previous Mortgage Assets
ReceivablesRelatedToRepaymentsOfOutstandingPrincipalOnPreviousMortgageAssets
127600000 usd
us-gaap Concentration Risk Credit Risk Financial Instrument Maximum Exposure
ConcentrationRiskCreditRiskFinancialInstrumentMaximumExposure
238200000 usd
acre Related Party Transactions Management Fee Renewal Term
RelatedPartyTransactionsManagementFeeRenewalTerm
P1Y
acre Related Party Transactions Termination Fee Based On Average Annual Management And Incentive Fees Ratio
RelatedPartyTransactionsTerminationFeeBasedOnAverageAnnualManagementAndIncentiveFeesRatio
3
acre Related Party Transactions Management Fee Look Back Period
RelatedPartyTransactionsManagementFeeLookBackPeriod
P24M
acre Number Of Affiliates Of Company Manager Whom May Originate Commercial Real Estate Loans
NumberOfAffiliatesOfCompanyManagerWhomMayOriginateCommercialRealEstateLoans
1 loan
CY2023Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.33
CY2023Q3 us-gaap Dividends
Dividends
18082000 usd
CY2023Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.35
CY2023Q2 us-gaap Dividends
Dividends
19180000 usd
CY2023Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.35
CY2023Q1 us-gaap Dividends
Dividends
19346000 usd
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.03
us-gaap Dividends
Dividends
56608000 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
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.05
us-gaap Dividends
Dividends
55134000 usd
CY2023Q3 us-gaap Dividends Payable Amount Per Share
DividendsPayableAmountPerShare
0.33
CY2023Q3 acre Common Stock Dividends Per Share Supplemental Cash Dividend
CommonStockDividendsPerShareSupplementalCashDividend
0.02
CY2023Q3 acre Receivables Related To Repayments Of Outstanding Principal On Previous Mortgage Assets
ReceivablesRelatedToRepaymentsOfOutstandingPrincipalOnPreviousMortgageAssets
99400000 usd
CY2022Q4 acre Receivables Related To Repayments Of Outstanding Principal On Previous Mortgage Assets
ReceivablesRelatedToRepaymentsOfOutstandingPrincipalOnPreviousMortgageAssets
127600000 usd
us-gaap Concentration Risk Credit Risk Financial Instrument Maximum Exposure
ConcentrationRiskCreditRiskFinancialInstrumentMaximumExposure
238200000 usd
CY2023Q3 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2023Q3 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2023Q3 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2023Q3 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false

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