$ACRE
Ares Commercial Real Estate Corp Stock $acre

$acre Overview Financials Valuation SEC Filings Company Website

2024 Q3 Form 10-Q Financial Statement

#000162828024034916 Filed on August 06, 2024

Income Statement

Concept	2024 Q3	2024 Q2
Revenue	$16.65M	$16.80M
YoY Change	-30.27%	-67.66%
Cost Of Revenue	$30.06M	$30.18M
YoY Change	-8.14%	-0.36%
Gross Profit	$14.00M	$14.11M
YoY Change	-33.05%	-34.87%
Gross Profit Margin	84.06%	83.97%
Selling, General & Admin	$5.491M	$5.218M
YoY Change	63.42%	38.3%
% of Gross Profit	39.22%	36.99%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$967.0K	$770.0K
YoY Change	383.5%
% of Gross Profit	6.91%	5.46%
Operating Expenses	$19.88M	$20.23M
YoY Change	69.35%	-15.36%
Operating Profit	-$5.883M	-$6.125M
YoY Change	-164.15%	172.95%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income	-$5.883M	-$6.125M
YoY Change	-164.17%	172.95%
Income Tax	-$3.000K	$0.00
% Of Pretax Income
Net Earnings	-$5.880M	-$6.125M
YoY Change	-164.02%	178.66%
Net Earnings / Revenue	-35.31%	-36.46%
Basic Earnings Per Share
Diluted Earnings Per Share	-$0.11	-$0.11
COMMON SHARES
Basic Shares Outstanding	54.52M shares	54.51M shares
Diluted Shares Outstanding	54.46M shares	54.43M shares

Balance Sheet

Concept	2024 Q3	2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$68.88M	$70.65M
YoY Change	12.92%	-50.46%
Cash & Equivalents	$68.88M	$70.65M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets	$68.88M	$70.65M
YoY Change	12.92%	-50.46%
LONG-TERM ASSETS
Property, Plant & Equipment	$140.9M	$81.73M
YoY Change	67.55%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$27.01M	$28.11M
YoY Change	-3.9%	0.51%
Other Assets	$17.98M	$14.51M
YoY Change
Total Long-Term Assets	$1.872B	$1.999B
YoY Change	-18.7%	-11.44%
TOTAL ASSETS
Total Short-Term Assets	$68.88M	$70.65M
Total Long-Term Assets	$1.872B	$1.999B
Total Assets	$1.941B	$2.070B
YoY Change	-17.88%	-13.76%
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	$17.92M	$18.34M
YoY Change	-19.3%	-23.55%
LONG-TERM LIABILITIES
Long-Term Debt	$1.343B	$1.457B
YoY Change	-18.27%	-12.79%
Other Long-Term Liabilities	$15.60M	$12.64M
YoY Change	8.34%	-13.62%
Total Long-Term Liabilities	$1.359B	$1.469B
YoY Change	-18.04%	-12.8%
TOTAL LIABILITIES
Total Short-Term Liabilities	$17.92M	$18.34M
Total Long-Term Liabilities	$1.359B	$1.469B
Total Liabilities	$1.377B	$1.487B
YoY Change	-18.06%	-12.95%
SHAREHOLDERS EQUITY
Retained Earnings	-$252.8M	-$233.1M
YoY Change	95.36%	93.45%
Common Stock	$816.3M	$815.2M
YoY Change	0.57%	0.55%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$563.8M	$582.3M
YoY Change
Total Liabilities & Shareholders Equity	$1.941B	$2.070B
YoY Change	-17.88%	-13.76%

Cashflow Statement

Concept	2024 Q3	2024 Q2
OPERATING ACTIVITIES
Net Income	-$5.880M	-$6.125M
YoY Change	-164.02%	178.66%
Depreciation, Depletion And Amortization	$967.0K	$770.0K
YoY Change	383.5%
Cash From Operating Activities	$8.432M	$8.667M
YoY Change	-37.54%	-27.17%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities	$121.5M	-$295.0K
YoY Change	-354.77%	-101.53%
Cash From Investing Activities	$121.5M	-$295.0K
YoY Change	-354.77%	-101.53%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-128.3M	-37.24M
YoY Change	170.02%	-11.97%
NET CHANGE
Cash From Operating Activities	8.432M	8.667M
Cash From Investing Activities	121.5M	-295.0K
Cash From Financing Activities	-128.3M	-37.24M
Net Change In Cash	1.698M	-28.87M
YoY Change	-102.08%	158.66%
FREE CASH FLOW
Cash From Operating Activities	$8.432M	$8.667M
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2024Q2	us-gaap	Mortgage Loans On Real Estate Commercial And Consumer Net MortgageLoansOnRealEstateCommercialAndConsumerNet	1972551000	usd
CY2023Q4	us-gaap	Mortgage Loans On Real Estate Commercial And Consumer Net MortgageLoansOnRealEstateCommercialAndConsumerNet	2126524000	usd
CY2024Q2	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	137403000	usd
CY2023Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	159885000	usd
CY2024Q2	acre	Mortgage Loans On Real Estate Total Commitment Amount Including Noncontrolling Interest Net MortgageLoansOnRealEstateTotalCommitmentAmountIncludingNoncontrollingInterestNet	1835148000	usd
CY2023Q4	acre	Mortgage Loans On Real Estate Total Commitment Amount Including Noncontrolling Interest Net MortgageLoansOnRealEstateTotalCommitmentAmountIncludingNoncontrollingInterestNet	1966639000	usd
	acre	Operating Expenses From Real Estate Owned OperatingExpensesFromRealEstateOwned	4262000	usd
	acre	Operating Expenses From Real Estate Owned OperatingExpensesFromRealEstateOwned	0	usd
CY2023Q2	us-gaap	Noninterest Expense NoninterestExpense	7107000	usd
	us-gaap	Noninterest Expense NoninterestExpense	17459000	usd
	us-gaap	Noninterest Expense NoninterestExpense	13306000	usd
CY2024Q2	us-gaap	Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Period Increase Decrease FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossPeriodIncreaseDecrease	-2374000	usd
CY2023Q2	us-gaap	Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Period Increase Decrease FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossPeriodIncreaseDecrease	20127000	usd
	us-gaap	Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Period Increase Decrease FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossPeriodIncreaseDecrease	-24643000	usd
CY2024Q2	us-gaap	Debt And Equity Securities Realized Gain Loss DebtAndEquitySecuritiesRealizedGainLoss	-16387000	usd
CY2023Q2	us-gaap	Debt And Equity Securities Realized Gain Loss DebtAndEquitySecuritiesRealizedGainLoss	0	usd
CY2024Q2	us-gaap	Gain Loss On Sales Of Loans Net GainLossOnSalesOfLoansNet	0	usd
CY2024Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-6125000	usd
CY2023Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-2244000	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-18446000	usd
CY2024Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	usd
CY2023Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-46000	usd
CY2024Q2	us-gaap	Net Income Loss NetIncomeLoss	-6125000	usd
CY2024Q2	us-gaap	Mortgages Held For Sale Fair Value Disclosure MortgagesHeldForSaleFairValueDisclosure	20534000	usd
CY2023Q4	us-gaap	Mortgages Held For Sale Fair Value Disclosure MortgagesHeldForSaleFairValueDisclosure	38981000	usd
CY2024Q2	us-gaap	Debt Securities Available For Sale Amortized Cost After Allowance For Credit Loss DebtSecuritiesAvailableForSaleAmortizedCostAfterAllowanceForCreditLoss	28113000	usd
CY2023Q4	us-gaap	Debt Securities Available For Sale Amortized Cost After Allowance For Credit Loss DebtSecuritiesAvailableForSaleAmortizedCostAfterAllowanceForCreditLoss	28060000	usd
CY2024Q2	us-gaap	Real Estate Acquired Through Foreclosure RealEstateAcquiredThroughForeclosure	81728000	usd
CY2023Q4	us-gaap	Real Estate Acquired Through Foreclosure RealEstateAcquiredThroughForeclosure	83284000	usd
CY2024Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	54518727	shares
CY2024Q2	acre	Mortgage Loans On Real Estate Commitment Reserve Or Allowance For Credit Loss Basis Points MortgageLoansOnRealEstateCommitmentReserveOrAllowanceForCreditLossBasisPoints	0.0661
CY2024Q2	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
CY2024Q2	ecd	Rule10b51 Arr Adopted Flag Rule10b51ArrAdoptedFlag	false
CY2024Q2	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false
CY2024Q2	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false
CY2024Q2	us-gaap	Real Estate Heldforsale RealEstateHeldforsale	14509000	usd
CY2023Q4	us-gaap	Real Estate Heldforsale RealEstateHeldforsale	0	usd
CY2024Q2	us-gaap	Other Assets OtherAssets	19074000	usd
CY2023Q4	us-gaap	Other Assets OtherAssets	52354000	usd
CY2024Q2	us-gaap	Assets Assets	2069755000	usd
CY2023Q4	us-gaap	Assets Assets	2279777000	usd
CY2024Q2	us-gaap	Line Of Credit LineOfCredit	625936000	usd
CY2023Q4	us-gaap	Line Of Credit LineOfCredit	639817000	usd
CY2024Q2	us-gaap	Notes Payable NotesPayable	104751000	usd
CY2023Q4	us-gaap	Notes Payable NotesPayable	104662000	usd
CY2024Q2	us-gaap	Other Long Term Debt OtherLongTermDebt	137409000	usd
CY2023Q4	us-gaap	Other Long Term Debt OtherLongTermDebt	149393000	usd
CY2024Q2	acre	Variable Interest Entity Collateralized Loan Obligation Securities Long Term Debt VariableInterestEntityCollateralizedLoanObligationSecuritiesLongTermDebt	588421000	usd
CY2023Q4	acre	Variable Interest Entity Collateralized Loan Obligation Securities Long Term Debt VariableInterestEntityCollateralizedLoanObligationSecuritiesLongTermDebt	723117000	usd
CY2024Q2	us-gaap	Accounts Payable Current And Noncurrent AccountsPayableCurrentAndNoncurrent	4526000	usd
CY2023Q4	us-gaap	Accounts Payable Current And Noncurrent AccountsPayableCurrentAndNoncurrent	4135000	usd
CY2024Q2	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	13812000	usd
CY2023Q4	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	18220000	usd
CY2024Q2	us-gaap	Other Liabilities OtherLiabilities	12637000	usd
CY2023Q4	us-gaap	Other Liabilities OtherLiabilities	14584000	usd
CY2024Q2	us-gaap	Liabilities Liabilities	1487492000	usd
CY2023Q4	us-gaap	Liabilities Liabilities	1653928000	usd
CY2024Q2	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2023Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2023Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2024Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2023Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	450000000	shares
CY2024Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	450000000	shares
CY2024Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	54518727	shares
CY2023Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	54149225	shares
CY2023Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	54149225	shares
CY2024Q2	us-gaap	Common Stock Value CommonStockValue	532000	usd
CY2023Q4	us-gaap	Common Stock Value CommonStockValue	532000	usd
CY2024Q2	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	814620000	usd
CY2023Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	812184000	usd
CY2024Q2	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	193000	usd
CY2023Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	153000	usd
CY2024Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-233082000	usd
CY2023Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-187020000	usd
CY2024Q2	us-gaap	Stockholders Equity StockholdersEquity	582263000	usd
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	625849000	usd
CY2024Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	2069755000	usd
CY2023Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	2279777000	usd
CY2024Q2	us-gaap	Interest And Fee Income Loans And Leases Held In Portfolio InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio	40847000	usd
CY2023Q2	us-gaap	Interest And Fee Income Loans And Leases Held In Portfolio InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio	51941000	usd
	us-gaap	Interest And Fee Income Loans And Leases Held In Portfolio InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio	84880000	usd
	us-gaap	Interest And Fee Income Loans And Leases Held In Portfolio InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio	101441000	usd
CY2024Q2	us-gaap	Interest Expense Borrowings InterestExpenseBorrowings	27483000	usd
CY2023Q2	us-gaap	Interest Expense Borrowings InterestExpenseBorrowings	26951000	usd
	us-gaap	Interest Expense Borrowings InterestExpenseBorrowings	56302000	usd
	us-gaap	Interest Expense Borrowings InterestExpenseBorrowings	49950000	usd
CY2024Q2	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	13364000	usd
CY2023Q2	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	24990000	usd
	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	28578000	usd
	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	51491000	usd
CY2024Q2	acre	Operating Revenue From Real Estate Owned OperatingRevenueFromRealEstateOwned	3433000	usd
CY2023Q2	acre	Operating Revenue From Real Estate Owned OperatingRevenueFromRealEstateOwned	0	usd
	acre	Operating Revenue From Real Estate Owned OperatingRevenueFromRealEstateOwned	6910000	usd
	acre	Operating Revenue From Real Estate Owned OperatingRevenueFromRealEstateOwned	0	usd
CY2024Q2	us-gaap	Revenues Revenues	16797000	usd
CY2023Q2	us-gaap	Revenues Revenues	24990000	usd
	us-gaap	Revenues Revenues	35488000	usd
	us-gaap	Revenues Revenues	51491000	usd
CY2024Q2	us-gaap	Costs And Expenses Related Party CostsAndExpensesRelatedParty	2692000	usd
CY2023Q2	us-gaap	Costs And Expenses Related Party CostsAndExpensesRelatedParty	3334000	usd
	us-gaap	Costs And Expenses Related Party CostsAndExpensesRelatedParty	5460000	usd
	us-gaap	Costs And Expenses Related Party CostsAndExpensesRelatedParty	6344000	usd
CY2024Q2	us-gaap	Professional Fees ProfessionalFees	757000	usd
CY2023Q2	us-gaap	Professional Fees ProfessionalFees	626000	usd
	us-gaap	Professional Fees ProfessionalFees	1290000	usd
	us-gaap	Professional Fees ProfessionalFees	1397000	usd
CY2024Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	1957000	usd
CY2023Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	2038000	usd
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	4038000	usd
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	3723000	usd
CY2024Q2	acre	General And Administrative Expenses Reimbursed To Affiliate GeneralAndAdministrativeExpensesReimbursedToAffiliate	1277000	usd
CY2023Q2	acre	General And Administrative Expenses Reimbursed To Affiliate GeneralAndAdministrativeExpensesReimbursedToAffiliate	1109000	usd
	acre	General And Administrative Expenses Reimbursed To Affiliate GeneralAndAdministrativeExpensesReimbursedToAffiliate	2409000	usd
	acre	General And Administrative Expenses Reimbursed To Affiliate GeneralAndAdministrativeExpensesReimbursedToAffiliate	1842000	usd
CY2024Q2	acre	Operating Expenses From Real Estate Owned OperatingExpensesFromRealEstateOwned	2226000	usd
CY2023Q2	acre	Operating Expenses From Real Estate Owned OperatingExpensesFromRealEstateOwned	0	usd
CY2024Q2	us-gaap	Noninterest Expense NoninterestExpense	8909000	usd
	us-gaap	Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Period Increase Decrease FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossPeriodIncreaseDecrease	41146000	usd
	us-gaap	Debt And Equity Securities Realized Gain Loss DebtAndEquitySecuritiesRealizedGainLoss	-62113000	usd
	us-gaap	Debt And Equity Securities Realized Gain Loss DebtAndEquitySecuritiesRealizedGainLoss	-5613000	usd
CY2023Q2	us-gaap	Gain Loss On Sales Of Loans Net GainLossOnSalesOfLoansNet	0	usd
	us-gaap	Gain Loss On Sales Of Loans Net GainLossOnSalesOfLoansNet	995000	usd
	us-gaap	Gain Loss On Sales Of Loans Net GainLossOnSalesOfLoansNet	0	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-8574000	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	2000	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	64000	usd
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	-2198000	usd
	us-gaap	Net Income Loss NetIncomeLoss	-18448000	usd
	us-gaap	Net Income Loss NetIncomeLoss	-8638000	usd
CY2024Q2	us-gaap	Income Loss From Continuing Operations Per Basic Share IncomeLossFromContinuingOperationsPerBasicShare	-0.11
CY2023Q2	us-gaap	Income Loss From Continuing Operations Per Basic Share IncomeLossFromContinuingOperationsPerBasicShare	-0.04
	us-gaap	Income Loss From Continuing Operations Per Basic Share IncomeLossFromContinuingOperationsPerBasicShare	-0.34
	us-gaap	Income Loss From Continuing Operations Per Basic Share IncomeLossFromContinuingOperationsPerBasicShare	-0.16
CY2024Q2	us-gaap	Income Loss From Continuing Operations Per Diluted Share IncomeLossFromContinuingOperationsPerDilutedShare	-0.11
CY2023Q2	us-gaap	Income Loss From Continuing Operations Per Diluted Share IncomeLossFromContinuingOperationsPerDilutedShare	-0.04
	us-gaap	Income Loss From Continuing Operations Per Diluted Share IncomeLossFromContinuingOperationsPerDilutedShare	-0.34
	us-gaap	Income Loss From Continuing Operations Per Diluted Share IncomeLossFromContinuingOperationsPerDilutedShare	-0.16
CY2024Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	54426112	shares
CY2023Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	54347204	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	54411255	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	54468752	shares
CY2024Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	54426112	shares
CY2023Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	54347204	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	54411255	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	54468752	shares
CY2024Q2	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.25
CY2023Q2	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.35
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.50
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.70
CY2024Q2	us-gaap	Net Income Loss NetIncomeLoss	-6125000	usd
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	-2198000	usd
	us-gaap	Net Income Loss NetIncomeLoss	-18448000	usd
	us-gaap	Net Income Loss NetIncomeLoss	-8638000	usd
CY2024Q2	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent	0	usd
CY2023Q2	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent	-2099000	usd
	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent	0	usd
	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent	-6576000	usd
CY2024Q2	us-gaap	Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent	-41000	usd
CY2023Q2	us-gaap	Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent	-43000	usd
	us-gaap	Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent	40000	usd
	us-gaap	Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent	22000	usd
CY2024Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-6166000	usd
CY2023Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-4340000	usd
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-18408000	usd
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-15192000	usd
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	747540000	usd
CY2023Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	960000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-4412000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	-6439000	usd
CY2023Q1	us-gaap	Dividends Cash DividendsCash	19346000	usd
CY2023Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	718303000	usd
CY2023Q2	acre	Adjustments To Additional Paid In Capital Stock Issued Issuance Costs Reversals AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCostsReversals	4000	usd
CY2023Q2	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	1004000	usd
CY2023Q2	us-gaap	Stock Repurchased And Retired During Period Value StockRepurchasedAndRetiredDuringPeriodValue	4600000	usd
CY2023Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-2142000	usd
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	-2198000	usd
CY2023Q2	us-gaap	Dividends Cash DividendsCash	19180000	usd
CY2023Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	691191000	usd
CY2023Q3	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	986000	usd
CY2023Q3	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-321000	usd
CY2023Q3	us-gaap	Net Income Loss NetIncomeLoss	9184000	usd
CY2023Q3	us-gaap	Dividends Cash DividendsCash	18082000	usd
CY2023Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	682958000	usd
CY2023Q4	acre	Adjustments To Additional Paid In Capital Stock Issued Issuance Costs Reversals AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCostsReversals	4000	usd
CY2023Q4	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	1041000	usd
CY2023Q4	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-513000	usd
CY2023Q4	us-gaap	Net Income Loss NetIncomeLoss	-39414000	usd
CY2023Q4	us-gaap	Dividends Cash DividendsCash	18219000	usd
CY2023Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	625849000	usd
CY2024Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	1284000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	81000	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	-12323000	usd
CY2024Q1	us-gaap	Dividends Cash DividendsCash	13802000	usd
CY2024Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	601089000	usd
CY2024Q2	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	1152000	usd
CY2024Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-41000	usd
CY2024Q2	us-gaap	Net Income Loss NetIncomeLoss	-6125000	usd
CY2024Q2	us-gaap	Dividends Cash DividendsCash	13812000	usd
CY2024Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	582263000	usd
	us-gaap	Net Income Loss NetIncomeLoss	-18448000	usd
	us-gaap	Net Income Loss NetIncomeLoss	-8638000	usd
	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	2379000	usd
	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	1901000	usd
	us-gaap	Amortization Of Deferred Loan Origination Fees Net AmortizationOfDeferredLoanOriginationFeesNet	2476000	usd
	us-gaap	Amortization Of Deferred Loan Origination Fees Net AmortizationOfDeferredLoanOriginationFeesNet	3402000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	2436000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	1965000	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	1556000	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	0	usd
	us-gaap	Provision For Loan Lease And Other Losses ProvisionForLoanLeaseAndOtherLosses	-24643000	usd
	us-gaap	Provision For Loan Lease And Other Losses ProvisionForLoanLeaseAndOtherLosses	41146000	usd
	us-gaap	Gain Loss On Sale Of Mortgage Loans GainLossOnSaleOfMortgageLoans	-62113000	usd
	us-gaap	Gain Loss On Sale Of Mortgage Loans GainLossOnSaleOfMortgageLoans	-5613000	usd
	acre	Unrealized Gain Loss On Loans Held For Sale UnrealizedGainLossOnLoansHeldForSale	995000	usd
CY2023Q4	acre	Commitments Commitments	2274584000	usd
CY2024Q2	acre	Funded Commitments FundedCommitments	2007435000	usd
CY2023Q4	acre	Funded Commitments FundedCommitments	2158045000	usd
CY2024Q2	acre	Unfunded Commitments UnfundedCommitments	86599000	usd
CY2023Q4	acre	Unfunded Commitments UnfundedCommitments	116539000	usd
CY2023Q3	srt	Stock Repurchase Program Authorized Amount1 StockRepurchaseProgramAuthorizedAmount1	50000000	usd
	acre	Unrealized Gain Loss On Loans Held For Sale UnrealizedGainLossOnLoansHeldForSale	0	usd
	us-gaap	Amortization Of Deferred Hedge Gains AmortizationOfDeferredHedgeGains	0	usd
	us-gaap	Amortization Of Deferred Hedge Gains AmortizationOfDeferredHedgeGains	-723000	usd
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	1448000	usd
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	15707000	usd
	us-gaap	Increase Decrease In Due To Affiliates IncreaseDecreaseInDueToAffiliates	391000	usd
	us-gaap	Increase Decrease In Due To Affiliates IncreaseDecreaseInDueToAffiliates	-774000	usd
	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	-820000	usd
	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	1775000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	20045000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	23156000	usd
	us-gaap	Payments To Acquire Loans Held For Investment PaymentsToAcquireLoansHeldForInvestment	23099000	usd
	us-gaap	Payments To Acquire Loans Held For Investment PaymentsToAcquireLoansHeldForInvestment	93891000	usd
	us-gaap	Proceeds From Collection Of Loans Receivable ProceedsFromCollectionOfLoansReceivable	117180000	usd
	us-gaap	Proceeds From Collection Of Loans Receivable ProceedsFromCollectionOfLoansReceivable	145335000	usd
	us-gaap	Proceeds From Sale Of Loans Held For Sale ProceedsFromSaleOfLoansHeldForSale	38981000	usd
	us-gaap	Proceeds From Sale Of Loans Held For Sale ProceedsFromSaleOfLoansHeldForSale	37200000	usd
	us-gaap	Proceeds From Loan And Lease Originations And Principal Collections1 ProceedsFromLoanAndLeaseOriginationsAndPrincipalCollections1	659000	usd
	us-gaap	Proceeds From Loan And Lease Originations And Principal Collections1 ProceedsFromLoanAndLeaseOriginationsAndPrincipalCollections1	658000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	133721000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	89302000	usd
	us-gaap	Proceeds From Issuance Of Secured Debt ProceedsFromIssuanceOfSecuredDebt	12781000	usd
	us-gaap	Proceeds From Issuance Of Secured Debt ProceedsFromIssuanceOfSecuredDebt	14960000	usd
	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	2622000	usd
	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	1001000	usd
	us-gaap	Repayments Of Related Party Debt RepaymentsOfRelatedPartyDebt	135055000	usd
	us-gaap	Repayments Of Related Party Debt RepaymentsOfRelatedPartyDebt	42865000	usd
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	32019000	usd
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	38693000	usd
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	0	usd
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	4600000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-193576000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-111133000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-39810000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	1325000	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	110459000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	141278000	usd
CY2024Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	70649000	usd
CY2023Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	142603000	usd
	acre	Dividend Declared Not Yet Paid DividendDeclaredNotYetPaid	13812000	usd
	acre	Dividend Declared Not Yet Paid DividendDeclaredNotYetPaid	19180000	usd
	us-gaap	Notes Issued1 NotesIssued1	0	usd
	us-gaap	Notes Issued1 NotesIssued1	87950000	usd
	us-gaap	Transfer To Other Real Estate TransferToOtherRealEstate	14509000	usd
	us-gaap	Transfer To Other Real Estate TransferToOtherRealEstate	0	usd
	us-gaap	Fair Value Of Assets Acquired FairValueOfAssetsAcquired	993000	usd
	us-gaap	Fair Value Of Assets Acquired FairValueOfAssetsAcquired	0	usd
	acre	Liabilities Related To Real Estate Owned Held For Investment LiabilitiesRelatedToRealEstateOwnedHeldForInvestment	1060000	usd
	acre	Liabilities Related To Real Estate Owned Held For Investment LiabilitiesRelatedToRealEstateOwnedHeldForInvestment	0	usd
	acre	Transfer Of Senior Mortgage Loan To Real Estate Owned TransferOfSeniorMortgageLoanToRealEstateOwned	30828000	usd
	acre	Transfer Of Senior Mortgage Loan To Real Estate Owned TransferOfSeniorMortgageLoanToRealEstateOwned	0	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 June 30, 2024, however, uncertainty over the global economy and the Company’s business, makes any estimates and assumptions as of June 30, 2024 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>
CY2024Q2	acre	Debt Securities Available For Sale Threshold Period For Non Accrual Status When Principal And Interest Payments Are Past Due DebtSecuritiesAvailableForSaleThresholdPeriodForNonAccrualStatusWhenPrincipalAndInterestPaymentsArePastDue	P30D
CY2024Q2	us-gaap	Interest Expense Borrowings InterestExpenseBorrowings	27483000	usd
CY2023Q2	us-gaap	Interest Expense Borrowings InterestExpenseBorrowings	26951000	usd
	us-gaap	Interest Expense Borrowings InterestExpenseBorrowings	56302000	usd
	us-gaap	Interest Expense Borrowings InterestExpenseBorrowings	49950000	usd
	srt	Mortgage Loans On Real Estate Number Of Loans MortgageLoansOnRealEstateNumberOfLoans	42	loan
	acre	Mortgage Loans On Real Estate Number Of Loans Repaid Or Sold Since Inception MortgageLoansOnRealEstateNumberOfLoansRepaidOrSoldSinceInception	172	loan
CY2024Q2	acre	Mortgage Loans On Real Estate Total Commitment Amount MortgageLoansOnRealEstateTotalCommitmentAmount	2200000000	usd
CY2024Q2	acre	Mortgage Loans On Real Estate Total Commitment Amount Excluding Noncontrolling Interest MortgageLoansOnRealEstateTotalCommitmentAmountExcludingNoncontrollingInterest	2000000000.0	usd
	acre	Payments To Acquire Loans Held For Investment Including Non Cash Upsize And Excluding Capitalized Funding PaymentsToAcquireLoansHeldForInvestmentIncludingNonCashUpsizeAndExcludingCapitalizedFunding	25300000	usd
	srt	Mortgage Loans On Real Estate Collections Of Principal MortgageLoansOnRealEstateCollectionsOfPrincipal	79300000	usd
	acre	Mortgage Loans On Real Estate Number Of Loans Converted MortgageLoansOnRealEstateNumberOfLoansConverted	1	loan
CY2024Q2	us-gaap	Principal Amount Outstanding On Loans Securitized PrincipalAmountOutstandingOnLoansSecuritized	33200000	usd
	acre	Mortgage Loans On Real Estate Number Of Loans Converted MortgageLoansOnRealEstateNumberOfLoansConverted	1	loan
CY2024Q2	us-gaap	Principal Amount Outstanding Of Loans Held In Portfolio PrincipalAmountOutstandingOfLoansHeldInPortfolio	20600000	usd
	acre	Percentage Of Loans Held For Investment Having Libor Floors PercentageOfLoansHeldForInvestmentHavingLIBORFloors	0.691
	acre	Loans Receivable Description Of Variable Rate Basis Weighted Average Floor LoansReceivableDescriptionOfVariableRateBasisWeightedAverageFloor	0.0117
CY2024Q2	us-gaap	Mortgage Loans On Real Estate Commercial And Consumer Net MortgageLoansOnRealEstateCommercialAndConsumerNet	1972551000	usd
CY2024Q2	srt	Mortgage Loans On Real Estate Face Amount Of Mortgages MortgageLoansOnRealEstateFaceAmountOfMortgages	2007435000	usd
	acre	Mortgage Loans On Real Estate Unleveraged Effective Yield Including Non Accrual Loans MortgageLoansOnRealEstateUnleveragedEffectiveYieldIncludingNonAccrualLoans	0.076
	acre	Mortgage Loans On Real Estate Unleveraged Effective Yield Excluding Non Accrual Loans MortgageLoansOnRealEstateUnleveragedEffectiveYieldExcludingNonAccrualLoans	0.093
	acre	Mortgage Loans On Real Estate Remaining Life MortgageLoansOnRealEstateRemainingLife	P1Y
CY2023Q4	us-gaap	Mortgage Loans On Real Estate Commercial And Consumer Net MortgageLoansOnRealEstateCommercialAndConsumerNet	2126524000	usd
CY2023Q4	srt	Mortgage Loans On Real Estate Face Amount Of Mortgages MortgageLoansOnRealEstateFaceAmountOfMortgages	2158045000	usd
CY2023	acre	Mortgage Loans On Real Estate Unleveraged Effective Yield Including Non Accrual Loans MortgageLoansOnRealEstateUnleveragedEffectiveYieldIncludingNonAccrualLoans	0.075
CY2023	acre	Mortgage Loans On Real Estate Unleveraged Effective Yield Excluding Non Accrual Loans MortgageLoansOnRealEstateUnleveragedEffectiveYieldExcludingNonAccrualLoans	0.094
CY2023	acre	Mortgage Loans On Real Estate Remaining Life MortgageLoansOnRealEstateRemainingLife	P1Y1M6D
CY2024Q2	srt	Mortgage Loans On Real Estate Face Amount Of Mortgages MortgageLoansOnRealEstateFaceAmountOfMortgages	2007400000	usd
CY2024Q2	us-gaap	Mortgage Loans On Real Estate Commercial And Consumer Net MortgageLoansOnRealEstateCommercialAndConsumerNet	1972600000	usd
	acre	Mortgage Loans On Real Estate Unleveraged Effective Yield MortgageLoansOnRealEstateUnleveragedEffectiveYield	0.076
CY2023Q4	acre	Mortgage Loans On Real Estate Total Commitment Amount Including Noncontrolling Interest MortgageLoansOnRealEstateTotalCommitmentAmountIncludingNoncontrollingInterest	2126524000	usd
	us-gaap	Mortgage Loans On Real Estate New Mortgage Loans MortgageLoansOnRealEstateNewMortgageLoans	0	usd
	acre	Mortgage Loans On Real Estate Receipt Of Origination Fee MortgageLoansOnRealEstateReceiptOfOriginationFee	659000	usd
	us-gaap	Mortgage Loans On Real Estate Other Additions MortgageLoansOnRealEstateOtherAdditions	25313000	usd
	acre	Mortgage Loans On Real Estate Amortizing Payments MortgageLoansOnRealEstateAmortizingPayments	6644000	usd
	acre	Mortgage Loans On Real Estate Loan Paid Off MortgageLoansOnRealEstateLoanPaidOff	123265000	usd
	acre	Mortgage Loans On Real Estate Loans Transferred To Held For Sale MortgageLoansOnRealEstateLoansTransferredToHeldForSale	20534000	usd
	acre	Mortgage Loans Loan Converted To Real Estate Owned MortgageLoansLoanConvertedToRealEstateOwned	30647000	usd
	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	2463000	usd
CY2024Q2	acre	Mortgage Loans On Real Estate Total Commitment Amount Including Noncontrolling Interest MortgageLoansOnRealEstateTotalCommitmentAmountIncludingNoncontrollingInterest	1972551000	usd
CY2024Q2	us-gaap	Financing Receivable Allowance For Credit Loss Excluding Accrued Interest FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest	138500000	usd
CY2024Q2	acre	Commitments Commitments	2100000000	usd
CY2024Q2	us-gaap	Disposal Group Including Discontinued Operation Assets Noncurrent DisposalGroupIncludingDiscontinuedOperationAssetsNoncurrent	1100000	usd
CY2024Q2	us-gaap	Liabilities Of Disposal Group Including Discontinued Operation Noncurrent LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent	1000000	usd
CY2024Q2	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	770000	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	1600000	usd
CY2024Q2	us-gaap	Below Market Lease Gross BelowMarketLeaseGross	11084000	usd
CY2024Q2	us-gaap	Below Market Lease Accumulated Amortization BelowMarketLeaseAccumulatedAmortization	836000	usd
CY2024Q2	us-gaap	Below Market Lease Net BelowMarketLeaseNet	10248000	usd
CY2023Q4	us-gaap	Below Market Lease Gross BelowMarketLeaseGross	11084000	usd
CY2023Q4	us-gaap	Below Market Lease Accumulated Amortization BelowMarketLeaseAccumulatedAmortization	322000	usd
CY2023Q4	us-gaap	Below Market Lease Net BelowMarketLeaseNet	10762000	usd
CY2024Q2	us-gaap	Below Market Lease Amortization Income Remainder Of Fiscal Year BelowMarketLeaseAmortizationIncomeRemainderOfFiscalYear	514000	usd
CY2024Q2	us-gaap	Below Market Lease Amortization Income Next Twelve Months BelowMarketLeaseAmortizationIncomeNextTwelveMonths	1027000	usd
CY2024Q2	us-gaap	Below Market Lease Amortization Income Year Two BelowMarketLeaseAmortizationIncomeYearTwo	618000	usd
CY2024Q2	us-gaap	Below Market Lease Amortization Income Year Three BelowMarketLeaseAmortizationIncomeYearThree	571000	usd
CY2024Q2	us-gaap	Below Market Lease Amortization Income Year Four BelowMarketLeaseAmortizationIncomeYearFour	542000	usd
CY2024Q2	acre	Below Market Lease Amortization Income After Year Four BelowMarketLeaseAmortizationIncomeAfterYearFour	6976000	usd
CY2024Q2	us-gaap	Below Market Lease Net BelowMarketLeaseNet	10248000	usd
CY2024Q2	us-gaap	Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear	5020000	usd
CY2024Q2	us-gaap	Lessor Operating Lease Payments To Be Received Next Twelve Months LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths	10106000	usd
CY2024Q2	us-gaap	Lessor Operating Lease Payments To Be Received Two Years LessorOperatingLeasePaymentsToBeReceivedTwoYears	10224000	usd
CY2024Q2	us-gaap	Lessor Operating Lease Payments To Be Received Three Years LessorOperatingLeasePaymentsToBeReceivedThreeYears	9989000	usd
CY2024Q2	us-gaap	Lessor Operating Lease Payments To Be Received Four Years LessorOperatingLeasePaymentsToBeReceivedFourYears	9976000	usd
CY2024Q2	acre	Lessor Operating Lease Payment To Be Received After Year Four LessorOperatingLeasePaymentToBeReceivedAfterYearFour	34332000	usd
CY2024Q2	us-gaap	Lessor Operating Lease Payments To Be Received LessorOperatingLeasePaymentsToBeReceived	79647000	usd
CY2024Q2	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	870936000	usd
CY2024Q2	us-gaap	Line Of Credit Facility Maximum Borrowing Capacity LineOfCreditFacilityMaximumBorrowingCapacity	1345000000	usd
CY2023Q4	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	894817000	usd
CY2023Q4	us-gaap	Line Of Credit Facility Maximum Borrowing Capacity LineOfCreditFacilityMaximumBorrowingCapacity	1535000000	usd
CY2024Q2	acre	Commitments Commitments	2094034000	usd
CY2023Q4	acre	Commitments Commitments	2274584000	usd
CY2024Q2	acre	Funded Commitments FundedCommitments	2007435000	usd
CY2023Q4	acre	Funded Commitments FundedCommitments	2158045000	usd
CY2024Q2	acre	Unfunded Commitments UnfundedCommitments	86599000	usd
CY2023Q3	srt	Stock Repurchase Program Authorized Amount1 StockRepurchaseProgramAuthorizedAmount1	50000000	usd
CY2023Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber	1097581000	shares
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod	83052000	shares
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod	319414000	shares
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod	46163000	shares
CY2024Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber	815056000	shares
CY2024Q2	acre	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Expected To Vest In The Remainder Of The Year ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExpectedToVestInTheRemainderOfTheYear	46651	shares
CY2024Q2	acre	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Expected To Vest In Year Two ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExpectedToVestInYearTwo	376570	shares
CY2024Q2	acre	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Expected To Vest In Year Three ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExpectedToVestInYearThree	258365	shares
CY2024Q2	acre	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Expected To Vest In Year Four ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExpectedToVestInYearFour	133470	shares
CY2024Q2	acre	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Expected To Vest In Year Five ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExpectedToVestInYearFive	0	shares
CY2024Q2	acre	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Grants To Date ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingGrantsToDate	815056	shares
CY2024Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-6125000	usd
CY2024Q2	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-6125000	usd
CY2023Q2	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-2198000	usd
CY2023Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-2198000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-18448000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-18448000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-8638000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-8638000	usd
CY2024Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	54426112	shares
CY2023Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	54347204	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	54411255	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	54468752	shares
CY2024Q2	us-gaap	Weighted Average Number Of Shares Restricted Stock WeightedAverageNumberOfSharesRestrictedStock	0	shares
CY2023Q2	us-gaap	Weighted Average Number Of Shares Restricted Stock WeightedAverageNumberOfSharesRestrictedStock	0	shares
	us-gaap	Weighted Average Number Of Shares Restricted Stock WeightedAverageNumberOfSharesRestrictedStock	0	shares
	us-gaap	Weighted Average Number Of Shares Restricted Stock WeightedAverageNumberOfSharesRestrictedStock	0	shares
CY2024Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	54426112	shares
CY2023Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	54347204	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	54411255	shares
CY2023Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber	1097581000	shares
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod	83052000	shares
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod	319414000	shares
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod	46163000	shares
CY2024Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber	815056000	shares
CY2024Q2	acre	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Expected To Vest In The Remainder Of The Year ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExpectedToVestInTheRemainderOfTheYear	46651	shares
CY2024Q2	acre	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Expected To Vest In Year Two ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExpectedToVestInYearTwo	376570	shares
CY2024Q2	acre	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Expected To Vest In Year Three ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExpectedToVestInYearThree	258365	shares
CY2024Q2	acre	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Expected To Vest In Year Four ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExpectedToVestInYearFour	133470	shares
CY2024Q2	acre	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Expected To Vest In Year Five ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExpectedToVestInYearFive	0	shares
CY2024Q2	acre	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Grants To Date ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingGrantsToDate	815056	shares
CY2024Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-6125000	usd
CY2024Q2	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-6125000	usd
CY2023Q2	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-2198000	usd
CY2023Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-2198000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-18448000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-18448000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-8638000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-8638000	usd
CY2024Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	54426112	shares
CY2023Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	54347204	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	54411255	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	54468752	shares
CY2024Q2	us-gaap	Weighted Average Number Of Shares Restricted Stock WeightedAverageNumberOfSharesRestrictedStock	0	shares
CY2023Q2	us-gaap	Weighted Average Number Of Shares Restricted Stock WeightedAverageNumberOfSharesRestrictedStock	0	shares
	us-gaap	Weighted Average Number Of Shares Restricted Stock WeightedAverageNumberOfSharesRestrictedStock	0	shares
	us-gaap	Weighted Average Number Of Shares Restricted Stock WeightedAverageNumberOfSharesRestrictedStock	0	shares
CY2024Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	54426112	shares
CY2023Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	54347204	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	54411255	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	54468752	shares
CY2024Q2	us-gaap	Income Loss From Continuing Operations Per Basic Share IncomeLossFromContinuingOperationsPerBasicShare	-0.11
CY2023Q2	us-gaap	Income Loss From Continuing Operations Per Basic Share IncomeLossFromContinuingOperationsPerBasicShare	-0.04
	us-gaap	Income Loss From Continuing Operations Per Basic Share IncomeLossFromContinuingOperationsPerBasicShare	-0.34
	us-gaap	Income Loss From Continuing Operations Per Basic Share IncomeLossFromContinuingOperationsPerBasicShare	-0.16
CY2024Q2	us-gaap	Income Loss From Continuing Operations Per Diluted Share IncomeLossFromContinuingOperationsPerDilutedShare	-0.11
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	54468752	shares
CY2024Q2	us-gaap	Income Loss From Continuing Operations Per Basic Share IncomeLossFromContinuingOperationsPerBasicShare	-0.11
CY2023Q2	us-gaap	Income Loss From Continuing Operations Per Basic Share IncomeLossFromContinuingOperationsPerBasicShare	-0.04
	us-gaap	Income Loss From Continuing Operations Per Basic Share IncomeLossFromContinuingOperationsPerBasicShare	-0.34
	us-gaap	Income Loss From Continuing Operations Per Basic Share IncomeLossFromContinuingOperationsPerBasicShare	-0.16
	us-gaap	Income Loss From Continuing Operations Per Diluted Share IncomeLossFromContinuingOperationsPerDilutedShare	-0.34
	us-gaap	Income Loss From Continuing Operations Per Diluted Share IncomeLossFromContinuingOperationsPerDilutedShare	-0.16
CY2024Q2	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	809063	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	808299	shares
CY2023Q2	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	716983	shares
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
CY2022	acre	Floating Rate Investment Grade Rated Debt Securities FloatingRateInvestmentGradeRatedDebtSecurities	0.0247
CY2022Q4	us-gaap	Debt Securities Available For Sale Term DebtSecuritiesAvailableForSaleTerm	P10Y
CY2024Q2	acre	Number Of Debt Securities Available For Sale NumberOfDebtSecuritiesAvailableForSale	3	investment
CY2023Q4	acre	Number Of Debt Securities Available For Sale NumberOfDebtSecuritiesAvailableForSale	3	investment
CY2024Q2	us-gaap	Available For Sale Securities Debt Securities AvailableForSaleSecuritiesDebtSecurities	28000000	usd
CY2024Q2	us-gaap	Available For Sale Debt Securities Amortized Cost Basis AvailableForSaleDebtSecuritiesAmortizedCostBasis	27920000	usd
	us-gaap	Debt Securities Available For Sale Purchased With Credit Deterioration Discount Premium DebtSecuritiesAvailableForSalePurchasedWithCreditDeteriorationDiscountPremium	80000	usd
	us-gaap	Debt Securities Available For Sale Unrealized Gain Loss DebtSecuritiesAvailableForSaleUnrealizedGainLoss	193000	usd
CY2023Q4	us-gaap	Available For Sale Securities Debt Securities AvailableForSaleSecuritiesDebtSecurities	28000000	usd
CY2023	us-gaap	Debt Securities Available For Sale Purchased With Credit Deterioration Discount Premium DebtSecuritiesAvailableForSalePurchasedWithCreditDeteriorationDiscountPremium	94000	usd
CY2023	us-gaap	Debt Securities Available For Sale Unrealized Gain Loss DebtSecuritiesAvailableForSaleUnrealizedGainLoss	154000	usd
CY2023Q2	us-gaap	Income Loss From Continuing Operations Per Diluted Share IncomeLossFromContinuingOperationsPerDilutedShare	-0.04
	us-gaap	Income Loss From Continuing Operations Per Diluted Share IncomeLossFromContinuingOperationsPerDilutedShare	-0.34
	us-gaap	Income Loss From Continuing Operations Per Diluted Share IncomeLossFromContinuingOperationsPerDilutedShare	-0.16
CY2024Q2	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	809063	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	808299	shares
CY2023Q2	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	716983	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	699896	shares
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
CY2022	acre	Floating Rate Investment Grade Rated Debt Securities FloatingRateInvestmentGradeRatedDebtSecurities	0.0247
CY2022Q4	us-gaap	Debt Securities Available For Sale Term DebtSecuritiesAvailableForSaleTerm	P10Y
CY2024Q2	acre	Number Of Debt Securities Available For Sale NumberOfDebtSecuritiesAvailableForSale	3	investment
CY2023Q4	acre	Number Of Debt Securities Available For Sale NumberOfDebtSecuritiesAvailableForSale	3	investment
CY2024Q2	us-gaap	Available For Sale Securities Debt Securities AvailableForSaleSecuritiesDebtSecurities	28000000	usd
CY2024Q2	us-gaap	Available For Sale Debt Securities Amortized Cost Basis AvailableForSaleDebtSecuritiesAmortizedCostBasis	27920000	usd
	us-gaap	Debt Securities Available For Sale Purchased With Credit Deterioration Discount Premium DebtSecuritiesAvailableForSalePurchasedWithCreditDeteriorationDiscountPremium	80000	usd
	us-gaap	Debt Securities Available For Sale Unrealized Gain Loss DebtSecuritiesAvailableForSaleUnrealizedGainLoss	193000	usd
CY2023Q4	us-gaap	Available For Sale Securities Debt Securities AvailableForSaleSecuritiesDebtSecurities	28000000	usd
CY2023Q4	us-gaap	Available For Sale Debt Securities Amortized Cost Basis AvailableForSaleDebtSecuritiesAmortizedCostBasis	27906000	usd
CY2023	us-gaap	Debt Securities Available For Sale Purchased With Credit Deterioration Discount Premium DebtSecuritiesAvailableForSalePurchasedWithCreditDeteriorationDiscountPremium	94000	usd
CY2023	us-gaap	Debt Securities Available For Sale Unrealized Gain Loss DebtSecuritiesAvailableForSaleUnrealizedGainLoss	154000	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
	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
CY2024Q2	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.25
CY2024Q2	us-gaap	Dividends Dividends	13812000	usd
CY2024Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.25
CY2024Q1	us-gaap	Dividends Dividends	13802000	usd
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.50
	us-gaap	Dividends Dividends	27614000	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	19345000	usd
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.70
	us-gaap	Dividends Dividends	38525000	usd
CY2024Q2	us-gaap	Dividends Payable Amount Per Share DividendsPayableAmountPerShare	0.33
CY2024Q2	acre	Common Stock Dividends Per Share Supplemental Cash Dividend CommonStockDividendsPerShareSupplementalCashDividend	0.02
CY2023Q4	acre	Receivables Related To Repayments Of Outstanding Principal On Previous Mortgage Assets ReceivablesRelatedToRepaymentsOfOutstandingPrincipalOnPreviousMortgageAssets	31000000	usd
	us-gaap	Concentration Risk Credit Risk Financial Instrument Maximum Exposure ConcentrationRiskCreditRiskFinancialInstrumentMaximumExposure	166500000	usd
CY2024Q2	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.25
CY2024Q2	us-gaap	Dividends Dividends	13812000	usd
CY2024Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.25
CY2024Q1	us-gaap	Dividends Dividends	13802000	usd
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.50
	us-gaap	Dividends Dividends	27614000	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	19345000	usd
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.70
	us-gaap	Dividends Dividends	38525000	usd
CY2024Q2	us-gaap	Dividends Payable Amount Per Share DividendsPayableAmountPerShare	0.33
CY2024Q2	acre	Common Stock Dividends Per Share Supplemental Cash Dividend CommonStockDividendsPerShareSupplementalCashDividend	0.02
	us-gaap	Concentration Risk Credit Risk Financial Instrument Maximum Exposure ConcentrationRiskCreditRiskFinancialInstrumentMaximumExposure	166500000	usd
CY2024Q2	ecd	Rule10b51 Arr Adopted Flag Rule10b51ArrAdoptedFlag	false
CY2024Q2	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
CY2024Q2	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false
CY2024Q2	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false
CY2024Q2	ecd	Rule10b51 Arr Adopted Flag Rule10b51ArrAdoptedFlag	false
CY2024Q2	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
CY2024Q2	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false

Files In Submission

Name	View Source	Status
0001628280-24-034916-index-headers.html	Edgar Link	pending
0001628280-24-034916-index.html	Edgar Link	pending
0001628280-24-034916.txt	Edgar Link	pending
0001628280-24-034916-xbrl.zip	Edgar Link	pending
acre-20240630.htm	Edgar Link	pending
acre-20240630.xsd	Edgar Link	pending
acre-20240630_g1.jpg	Edgar Link	pending
acreq2-24exhibit101.htm	Edgar Link	pending
acreq2-24exhibit102.htm	Edgar Link	pending
acreq2-24exhibit103.htm	Edgar Link	pending
acreq2-24exhibit104.htm	Edgar Link	pending
acreq2-24exhibit311.htm	Edgar Link	pending
acreq2-24exhibit312.htm	Edgar Link	pending
acreq2-24exhibit321.htm	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
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R21.htm	Edgar Link	pending
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R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
R36.htm	Edgar Link	pending
acre-20240630_def.xml	Edgar Link	unprocessable
acre-20240630_lab.xml	Edgar Link	unprocessable
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R71.htm	Edgar Link	pending
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report.css	Edgar Link	pending
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acre-20240630_cal.xml	Edgar Link	unprocessable
acre-20240630_htm.xml	Edgar Link	completed

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$ACRE
Ares Commercial Real Estate Corp Stock $acre

2024 Q3 Form 10-Q Financial Statement

#000162828024034916 Filed on August 06, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$ACRE Ares Commercial Real Estate Corp Stock $acre

2024 Q3 Form 10-Q Financial Statement

#000162828024034916 Filed on August 06, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$ACRE
Ares Commercial Real Estate Corp Stock $acre