2024 Q4 Form 10-Q Financial Statement

#000162828024045922 Filed on November 07, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3
Revenue $16.65M
YoY Change -30.27%
Cost Of Revenue $30.06M
YoY Change -8.14%
Gross Profit $14.00M
YoY Change -33.05%
Gross Profit Margin 84.06%
Selling, General & Admin $5.491M
YoY Change 63.42%
% of Gross Profit 39.22%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $967.0K
YoY Change 383.5%
% of Gross Profit 6.91%
Operating Expenses $19.88M
YoY Change 69.35%
Operating Profit -$5.883M
YoY Change -164.15%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$5.883M
YoY Change -164.17%
Income Tax -$3.000K
% Of Pretax Income
Net Earnings -$5.880M
YoY Change -164.02%
Net Earnings / Revenue -35.31%
Basic Earnings Per Share
Diluted Earnings Per Share -$0.11
COMMON SHARES
Basic Shares Outstanding 54.54M shares 54.52M shares
Diluted Shares Outstanding 54.46M shares

Balance Sheet

Concept 2024 Q4 2024 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $68.88M
YoY Change 12.92%
Cash & Equivalents $68.88M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $68.88M
YoY Change 12.92%
LONG-TERM ASSETS
Property, Plant & Equipment $140.9M
YoY Change 67.55%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $27.01M
YoY Change -3.9%
Other Assets $17.98M
YoY Change
Total Long-Term Assets $1.872B
YoY Change -18.7%
TOTAL ASSETS
Total Short-Term Assets $68.88M
Total Long-Term Assets $1.872B
Total Assets $1.941B
YoY Change -17.88%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $17.92M
YoY Change -19.3%
LONG-TERM LIABILITIES
Long-Term Debt $1.343B
YoY Change -18.27%
Other Long-Term Liabilities $15.60M
YoY Change 8.34%
Total Long-Term Liabilities $1.359B
YoY Change -18.04%
TOTAL LIABILITIES
Total Short-Term Liabilities $17.92M
Total Long-Term Liabilities $1.359B
Total Liabilities $1.377B
YoY Change -18.06%
SHAREHOLDERS EQUITY
Retained Earnings -$252.8M
YoY Change 95.36%
Common Stock $816.3M
YoY Change 0.57%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $563.8M
YoY Change
Total Liabilities & Shareholders Equity $1.941B
YoY Change -17.88%

Cashflow Statement

Concept 2024 Q4 2024 Q3
OPERATING ACTIVITIES
Net Income -$5.880M
YoY Change -164.02%
Depreciation, Depletion And Amortization $967.0K
YoY Change 383.5%
Cash From Operating Activities $8.432M
YoY Change -37.54%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities $121.5M
YoY Change -354.77%
Cash From Investing Activities $121.5M
YoY Change -354.77%
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
YoY Change 170.02%
NET CHANGE
Cash From Operating Activities 8.432M
Cash From Investing Activities 121.5M
Cash From Financing Activities -128.3M
Net Change In Cash 1.698M
YoY Change -102.08%
FREE CASH FLOW
Cash From Operating Activities $8.432M
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Amendment Flag
AmendmentFlag
false
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2024-09-30
dei Document Transition Report
DocumentTransitionReport
false
dei Entity Registrant Name
EntityRegistrantName
ARES COMMERCIAL REAL ESTATE CORPORATION
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
MD
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
45-3148087
dei Entity Address State Or Province
EntityAddressStateOrProvince
NY
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
CY2024Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
54542178 shares
CY2024Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
68881000 usd
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
110459000 usd
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2024
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Entity Address Address Line1
EntityAddressAddressLine1
245 Park Avenue
dei Entity Address Address Line2
EntityAddressAddressLine2
42nd Floor
dei Entity Address City Or Town
EntityAddressCityOrTown
New York
us-gaap Amortization Of Deferred Hedge Gains
AmortizationOfDeferredHedgeGains
-816000 usd
CY2024Q3 us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
27401000 usd
CY2023Q3 us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
29745000 usd
us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
83703000 usd
us-gaap Revenues
Revenues
75374000 usd
us-gaap Costs And Expenses Related Party
CostsAndExpensesRelatedParty
8114000 usd
us-gaap Costs And Expenses Related Party
CostsAndExpensesRelatedParty
9317000 usd
CY2023Q3 us-gaap Professional Fees
ProfessionalFees
682000 usd
us-gaap Professional Fees
ProfessionalFees
1971000 usd
CY2024Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1939000 usd
CY2023Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1691000 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
5978000 usd
CY2024Q3 acre General And Administrative Expenses Reimbursed To Affiliate
GeneralAndAdministrativeExpensesReimbursedToAffiliate
871000 usd
CY2023Q3 acre General And Administrative Expenses Reimbursed To Affiliate
GeneralAndAdministrativeExpensesReimbursedToAffiliate
775000 usd
CY2024Q3 acre Operating Expenses From Real Estate Owned
OperatingExpensesFromRealEstateOwned
3164000 usd
dei City Area Code
CityAreaCode
212
dei Trading Symbol
TradingSymbol
ACRE
dei Security Exchange Name
SecurityExchangeName
NYSE
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
dei Entity Small Business
EntitySmallBusiness
false
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
10167
CY2024Q3 acre Mortgage Loans On Real Estate Commitment Reserve Or Allowance For Credit Loss Basis Points
MortgageLoansOnRealEstateCommitmentReserveOrAllowanceForCreditLossBasisPoints
0.0661
dei Local Phone Number
LocalPhoneNumber
750-7300
dei Security12b Title
Security12bTitle
Common stock, $0.01 par value per share
CY2024Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
3466000 usd
CY2023Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
0 usd
CY2024Q3 us-gaap Mortgage Loans On Real Estate Commercial And Consumer Net
MortgageLoansOnRealEstateCommercialAndConsumerNet
1812773000 usd
CY2023Q4 us-gaap Mortgage Loans On Real Estate Commercial And Consumer Net
MortgageLoansOnRealEstateCommercialAndConsumerNet
2126524000 usd
CY2024Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
144068000 usd
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
159885000 usd
CY2024Q3 acre Mortgage Loans On Real Estate Total Commitment Amount Including Noncontrolling Interest Net
MortgageLoansOnRealEstateTotalCommitmentAmountIncludingNoncontrollingInterestNet
1668705000 usd
CY2023Q4 acre Mortgage Loans On Real Estate Total Commitment Amount Including Noncontrolling Interest Net
MortgageLoansOnRealEstateTotalCommitmentAmountIncludingNoncontrollingInterestNet
1966639000 usd
CY2024Q3 us-gaap Mortgages Held For Sale Fair Value Disclosure
MortgagesHeldForSaleFairValueDisclosure
0 usd
CY2023Q4 us-gaap Mortgages Held For Sale Fair Value Disclosure
MortgagesHeldForSaleFairValueDisclosure
38981000 usd
CY2024Q3 us-gaap Debt Securities Available For Sale Amortized Cost After Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAmortizedCostAfterAllowanceForCreditLoss
27005000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Amortized Cost After Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAmortizedCostAfterAllowanceForCreditLoss
28060000 usd
CY2024Q3 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
140912000 usd
CY2023Q4 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
83284000 usd
CY2024Q3 us-gaap Real Estate Heldforsale
RealEstateHeldforsale
14509000 usd
CY2023Q4 us-gaap Real Estate Heldforsale
RealEstateHeldforsale
0 usd
CY2024Q3 us-gaap Other Assets
OtherAssets
17125000 usd
CY2023Q4 us-gaap Other Assets
OtherAssets
52354000 usd
CY2024Q3 us-gaap Assets
Assets
1940603000 usd
CY2023Q4 us-gaap Assets
Assets
2279777000 usd
CY2024Q3 us-gaap Line Of Credit
LineOfCredit
640610000 usd
CY2023Q4 us-gaap Line Of Credit
LineOfCredit
639817000 usd
CY2024Q3 us-gaap Notes Payable
NotesPayable
0 usd
CY2023Q4 us-gaap Notes Payable
NotesPayable
104662000 usd
CY2024Q3 us-gaap Other Long Term Debt
OtherLongTermDebt
127828000 usd
CY2023Q4 us-gaap Other Long Term Debt
OtherLongTermDebt
149393000 usd
CY2024Q3 acre Variable Interest Entity Collateralized Loan Obligation Securities Long Term Debt
VariableInterestEntityCollateralizedLoanObligationSecuritiesLongTermDebt
574896000 usd
CY2023Q4 acre Variable Interest Entity Collateralized Loan Obligation Securities Long Term Debt
VariableInterestEntityCollateralizedLoanObligationSecuritiesLongTermDebt
723117000 usd
CY2024Q3 us-gaap Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
4106000 usd
CY2023Q4 us-gaap Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
4135000 usd
CY2024Q3 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
13809000 usd
CY2023Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
18220000 usd
CY2024Q3 us-gaap Other Liabilities
OtherLiabilities
15601000 usd
CY2023Q4 us-gaap Other Liabilities
OtherLiabilities
14584000 usd
CY2024Q3 us-gaap Liabilities
Liabilities
1376850000 usd
CY2023Q4 us-gaap Liabilities
Liabilities
1653928000 usd
CY2024Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2023Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2024Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2023Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2023Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
450000000 shares
CY2024Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
450000000 shares
CY2024Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
54532393 shares
CY2024Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
54532393 shares
CY2023Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
54149225 shares
CY2023Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
54149225 shares
CY2024Q3 us-gaap Common Stock Value
CommonStockValue
532000 usd
CY2023Q4 us-gaap Common Stock Value
CommonStockValue
532000 usd
CY2024Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
815802000 usd
CY2023Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
812184000 usd
CY2024Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
190000 usd
CY2023Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
153000 usd
CY2024Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-252771000 usd
CY2023Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-187020000 usd
CY2024Q3 us-gaap Stockholders Equity
StockholdersEquity
563753000 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
625849000 usd
CY2024Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1940603000 usd
CY2023Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2279777000 usd
CY2024Q3 us-gaap Interest And Fee Income Loans And Leases Held In Portfolio
InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio
39345000 usd
CY2023Q3 us-gaap Interest And Fee Income Loans And Leases Held In Portfolio
InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio
52819000 usd
us-gaap Interest And Fee Income Loans And Leases Held In Portfolio
InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio
124225000 usd
us-gaap Interest And Fee Income Loans And Leases Held In Portfolio
InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio
154260000 usd
CY2024Q3 us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
27401000 usd
CY2023Q3 us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
29745000 usd
us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
83703000 usd
us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
79695000 usd
CY2024Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
11944000 usd
CY2023Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
23074000 usd
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
40522000 usd
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
74565000 usd
CY2024Q3 acre Operating Revenue From Real Estate Owned
OperatingRevenueFromRealEstateOwned
4709000 usd
CY2023Q3 acre Operating Revenue From Real Estate Owned
OperatingRevenueFromRealEstateOwned
809000 usd
acre Operating Revenue From Real Estate Owned
OperatingRevenueFromRealEstateOwned
11619000 usd
acre Operating Revenue From Real Estate Owned
OperatingRevenueFromRealEstateOwned
809000 usd
CY2024Q3 us-gaap Revenues
Revenues
16653000 usd
CY2023Q3 us-gaap Revenues
Revenues
23883000 usd
us-gaap Revenues
Revenues
52141000 usd
CY2024Q3 us-gaap Costs And Expenses Related Party
CostsAndExpensesRelatedParty
2654000 usd
CY2023Q3 us-gaap Costs And Expenses Related Party
CostsAndExpensesRelatedParty
2974000 usd
CY2024Q3 us-gaap Professional Fees
ProfessionalFees
681000 usd
us-gaap Professional Fees
ProfessionalFees
2080000 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
5414000 usd
acre General And Administrative Expenses Reimbursed To Affiliate
GeneralAndAdministrativeExpensesReimbursedToAffiliate
3280000 usd
acre General And Administrative Expenses Reimbursed To Affiliate
GeneralAndAdministrativeExpensesReimbursedToAffiliate
2617000 usd
CY2023Q3 acre Operating Expenses From Real Estate Owned
OperatingExpensesFromRealEstateOwned
480000 usd
acre Operating Expenses From Real Estate Owned
OperatingExpensesFromRealEstateOwned
7426000 usd
acre Operating Expenses From Real Estate Owned
OperatingExpensesFromRealEstateOwned
480000 usd
CY2024Q3 us-gaap Noninterest Expense
NoninterestExpense
9309000 usd
CY2023Q3 us-gaap Noninterest Expense
NoninterestExpense
6602000 usd
us-gaap Noninterest Expense
NoninterestExpense
26769000 usd
us-gaap Noninterest Expense
NoninterestExpense
19908000 usd
CY2024Q3 us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Period Increase Decrease
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossPeriodIncreaseDecrease
7461000 usd
CY2023Q3 us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Period Increase Decrease
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossPeriodIncreaseDecrease
3227000 usd
us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Period Increase Decrease
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossPeriodIncreaseDecrease
-17182000 usd
us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Period Increase Decrease
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossPeriodIncreaseDecrease
44373000 usd
CY2024Q3 us-gaap Debt And Equity Securities Realized Gain Loss
DebtAndEquitySecuritiesRealizedGainLoss
-5766000 usd
CY2023Q3 us-gaap Debt And Equity Securities Realized Gain Loss
DebtAndEquitySecuritiesRealizedGainLoss
-4886000 usd
us-gaap Debt And Equity Securities Realized Gain Loss
DebtAndEquitySecuritiesRealizedGainLoss
-67879000 usd
us-gaap Debt And Equity Securities Realized Gain Loss
DebtAndEquitySecuritiesRealizedGainLoss
-10499000 usd
CY2024Q3 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
0 usd
CY2023Q3 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
CY2024Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-5883000 usd
CY2023Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
9168000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-24330000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
594000 usd
CY2024Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-3000 usd
CY2023Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-16000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
48000 usd
CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
-5880000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
9184000 usd
us-gaap Net Income Loss
NetIncomeLoss
-24329000 usd
us-gaap Net Income Loss
NetIncomeLoss
546000 usd
CY2024Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.11
CY2023Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.17
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.45
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.01
CY2024Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.11
CY2023Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.17
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.45
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.01
CY2024Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
54464147 shares
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
54085035 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
54429014 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
54339441 shares
CY2024Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
54464147 shares
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
54796413 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
54429014 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
55043206 shares
CY2024Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.25
CY2023Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.33
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.75
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.03
CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
-5880000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
9184000 usd
us-gaap Net Income Loss
NetIncomeLoss
-24329000 usd
us-gaap Net Income Loss
NetIncomeLoss
546000 usd
CY2024Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
0 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
-480000 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
-7056000 usd
CY2024Q3 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
-3000 usd
CY2023Q3 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
159000 usd
us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
37000 usd
us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
181000 usd
CY2024Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-5883000 usd
CY2023Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
8863000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-24292000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-6329000 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
CY2024Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1182000 usd
CY2024Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-3000 usd
CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
-5880000 usd
CY2024Q3 us-gaap Dividends Cash
DividendsCash
13809000 usd
CY2024Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
563753000 usd
us-gaap Net Income Loss
NetIncomeLoss
-24329000 usd
us-gaap Net Income Loss
NetIncomeLoss
546000 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
3950000 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
2851000 usd
us-gaap Amortization Of Deferred Loan Origination Fees Net
AmortizationOfDeferredLoanOriginationFeesNet
3688000 usd
us-gaap Amortization Of Deferred Loan Origination Fees Net
AmortizationOfDeferredLoanOriginationFeesNet
4865000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
3617000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
2950000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
2521000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
206000 usd
us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
-17182000 usd
us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
44373000 usd
us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
-67879000 usd
us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
-10499000 usd
acre Unrealized Gain Loss On Loans Held For Sale
UnrealizedGainLossOnLoansHeldForSale
995000 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 Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
1645000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
18896000 usd
us-gaap Increase Decrease In Due To Affiliates
IncreaseDecreaseInDueToAffiliates
-29000 usd
us-gaap Increase Decrease In Due To Affiliates
IncreaseDecreaseInDueToAffiliates
-1488000 usd
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-1622000 usd
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
1342000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
28477000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
36702000 usd
us-gaap Payments To Acquire Loans Held For Investment
PaymentsToAcquireLoansHeldForInvestment
34362000 usd
us-gaap Payments To Acquire Loans Held For Investment
PaymentsToAcquireLoansHeldForInvestment
181280000 usd
us-gaap Proceeds From Collection Of Loans Receivable
ProceedsFromCollectionOfLoansReceivable
244909000 usd
us-gaap Proceeds From Collection Of Loans Receivable
ProceedsFromCollectionOfLoansReceivable
184457000 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
993000 usd
us-gaap Proceeds From Loan And Lease Originations And Principal Collections1
ProceedsFromLoanAndLeaseOriginationsAndPrincipalCollections1
1236000 usd
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
1111000 usd
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
0 usd
acre Proceeds From Distribution Of Restricted Cash From Acquisition Of Real Estate Owned
ProceedsFromDistributionOfRestrictedCashFromAcquisitionOfRealEstateOwned
3614000 usd
acre Proceeds From Distribution Of Restricted Cash From Acquisition Of Real Estate Owned
ProceedsFromDistributionOfRestrictedCashFromAcquisitionOfRealEstateOwned
0 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
255246000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
41613000 usd
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
114464000 usd
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
43327000 usd
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
105000000 usd
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
0 usd
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
3087000 usd
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
2359000 usd
us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
148710000 usd
us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
43020000 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
45831000 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
57873000 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
-321835000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-158576000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-38112000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-80261000 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
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
72347000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
61017000 usd
CY2024Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
68881000 usd
CY2023Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
61017000 usd
CY2024Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
3466000 usd
CY2023Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
0 usd
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
72347000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
61017000 usd
acre Dividend Declared Not Yet Paid
DividendDeclaredNotYetPaid
13809000 usd
acre Dividend Declared Not Yet Paid
DividendDeclaredNotYetPaid
18082000 usd
us-gaap Notes Issued1
NotesIssued1
0 usd
us-gaap Notes Issued1
NotesIssued1
99418000 usd
us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
74659000 usd
us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
0 usd
us-gaap Fair Value Of Assets Acquired
FairValueOfAssetsAcquired
397000 usd
us-gaap Fair Value Of Assets Acquired
FairValueOfAssetsAcquired
0 usd
acre Liabilities Related To Real Estate Owned Held For Investment
LiabilitiesRelatedToRealEstateOwnedHeldForInvestment
4280000 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
96543000 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 September 30, 2024, however, uncertainty over the global economy and the Company’s business, makes any estimates and assumptions as of September 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>
CY2024Q3 acre Debt Securities Available For Sale Threshold Period For Non Accrual Status When Principal And Interest Payments Are Past Due
DebtSecuritiesAvailableForSaleThresholdPeriodForNonAccrualStatusWhenPrincipalAndInterestPaymentsArePastDue
P30D
us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
79695000 usd
srt Mortgage Loans On Real Estate Number Of Loans
MortgageLoansOnRealEstateNumberOfLoans
40 loan
acre Mortgage Loans On Real Estate Number Of Loans Repaid Or Sold Since Inception
MortgageLoansOnRealEstateNumberOfLoansRepaidOrSoldSinceInception
174 loan
CY2024Q3 acre Mortgage Loans On Real Estate Total Commitment Amount
MortgageLoansOnRealEstateTotalCommitmentAmount
2000000000.0 usd
CY2024Q3 acre Mortgage Loans On Real Estate Total Commitment Amount Excluding Noncontrolling Interest
MortgageLoansOnRealEstateTotalCommitmentAmountExcludingNoncontrollingInterest
1800000000 usd
acre Payments To Acquire Loans Held For Investment Including Non Cash Upsize And Excluding Capitalized Funding
PaymentsToAcquireLoansHeldForInvestmentIncludingNonCashUpsizeAndExcludingCapitalizedFunding
36800000 usd
srt Mortgage Loans On Real Estate Collections Of Principal
MortgageLoansOnRealEstateCollectionsOfPrincipal
202800000 usd
acre Mortgage Loans On Real Estate Number Of Loans Converted
MortgageLoansOnRealEstateNumberOfLoansConverted
2 usd
CY2024Q3 us-gaap Principal Amount Outstanding On Loans Securitized
PrincipalAmountOutstandingOnLoansSecuritized
101800000 usd
acre Percentage Of Loans Held For Investment Having Libor Floors
PercentageOfLoansHeldForInvestmentHavingLIBORFloors
0.661
acre Loans Receivable Description Of Variable Rate Basis Weighted Average Floor
LoansReceivableDescriptionOfVariableRateBasisWeightedAverageFloor
0.0108
CY2024Q3 us-gaap Mortgage Loans On Real Estate Commercial And Consumer Net
MortgageLoansOnRealEstateCommercialAndConsumerNet
1812773000 usd
CY2024Q3 srt Mortgage Loans On Real Estate Face Amount Of Mortgages
MortgageLoansOnRealEstateFaceAmountOfMortgages
1848416000 usd
acre Mortgage Loans On Real Estate Unleveraged Effective Yield Including Non Accrual Loans
MortgageLoansOnRealEstateUnleveragedEffectiveYieldIncludingNonAccrualLoans
0.075
acre Mortgage Loans On Real Estate Unleveraged Effective Yield Excluding Non Accrual Loans
MortgageLoansOnRealEstateUnleveragedEffectiveYieldExcludingNonAccrualLoans
0.090
acre Mortgage Loans On Real Estate Remaining Life
MortgageLoansOnRealEstateRemainingLife
P0Y10M24D
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
CY2024Q3 srt Mortgage Loans On Real Estate Face Amount Of Mortgages
MortgageLoansOnRealEstateFaceAmountOfMortgages
1848400000 usd
CY2024Q3 us-gaap Mortgage Loans On Real Estate Commercial And Consumer Net
MortgageLoansOnRealEstateCommercialAndConsumerNet
1812800000 usd
acre Mortgage Loans On Real Estate Unleveraged Effective Yield
MortgageLoansOnRealEstateUnleveragedEffectiveYield
0.075
CY2024Q3 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
1800000 usd
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
1800000 usd
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
1083000 usd
us-gaap Mortgage Loans On Real Estate Other Additions
MortgageLoansOnRealEstateOtherAdditions
36824000 usd
acre Mortgage Loans On Real Estate Amortizing Payments
MortgageLoansOnRealEstateAmortizingPayments
11423000 usd
acre Mortgage Loans On Real Estate Loan Paid Off
MortgageLoansOnRealEstateLoanPaidOff
246215000 usd
acre Mortgage Loans Loan Converted To Real Estate Owned
MortgageLoansLoanConvertedToRealEstateOwned
95522000 usd
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
3668000 usd
CY2024Q3 acre Mortgage Loans On Real Estate Total Commitment Amount Including Noncontrolling Interest
MortgageLoansOnRealEstateTotalCommitmentAmountIncludingNoncontrollingInterest
1812773000 usd
CY2024Q3 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
146000000.0 usd
CY2024Q3 acre Commitments
Commitments
1900000000 usd
CY2024Q3 us-gaap Disposal Group Including Discontinued Operation Assets Noncurrent
DisposalGroupIncludingDiscontinuedOperationAssetsNoncurrent
781000000 usd
CY2024Q3 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Noncurrent
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent
1000000.0 usd
CY2024Q3 us-gaap Disposal Group Including Discontinued Operation Cash And Cash Equivalents
DisposalGroupIncludingDiscontinuedOperationCashAndCashEquivalents
748000 usd
CY2024Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
967000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
2500000 usd
CY2024Q3 us-gaap Below Market Lease Gross
BelowMarketLeaseGross
11105000 usd
CY2024Q3 us-gaap Below Market Lease Accumulated Amortization
BelowMarketLeaseAccumulatedAmortization
1094000 usd
CY2024Q3 us-gaap Below Market Lease Net
BelowMarketLeaseNet
10011000 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
CY2024Q3 us-gaap Below Market Lease Amortization Income Remainder Of Fiscal Year
BelowMarketLeaseAmortizationIncomeRemainderOfFiscalYear
262000 usd
CY2024Q3 us-gaap Below Market Lease Amortization Income Next Twelve Months
BelowMarketLeaseAmortizationIncomeNextTwelveMonths
1043000 usd
CY2024Q3 us-gaap Below Market Lease Amortization Income Year Two
BelowMarketLeaseAmortizationIncomeYearTwo
618000 usd
CY2024Q3 us-gaap Below Market Lease Amortization Income Year Three
BelowMarketLeaseAmortizationIncomeYearThree
571000 usd
CY2024Q3 us-gaap Below Market Lease Amortization Income Year Four
BelowMarketLeaseAmortizationIncomeYearFour
542000 usd
CY2024Q3 acre Below Market Lease Amortization Income After Year Four
BelowMarketLeaseAmortizationIncomeAfterYearFour
6975000 usd
CY2024Q3 us-gaap Below Market Lease Net
BelowMarketLeaseNet
10011000 usd
CY2024Q3 us-gaap Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year
LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear
4932000 usd
CY2024Q3 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
19172000 usd
CY2024Q3 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
18875000 usd
CY2024Q3 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
17268000 usd
CY2024Q3 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
15842000 usd
CY2024Q3 acre Lessor Operating Lease Payment To Be Received After Year Four
LessorOperatingLeasePaymentToBeReceivedAfterYearFour
46643000 usd
CY2024Q3 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
122732000 usd
CY2024Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
770610000 usd
CY2024Q3 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
1230000000 usd
CY2023Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
894817000 usd
CY2023Q4 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
1535000000 usd
CY2024Q3 acre Commitments
Commitments
1927321000 usd
CY2023Q4 acre Commitments
Commitments
2274584000 usd
CY2024Q3 acre Funded Commitments
FundedCommitments
1848416000 usd
CY2023Q4 acre Funded Commitments
FundedCommitments
2158045000 usd
CY2024Q3 acre Unfunded Commitments
UnfundedCommitments
78905000 usd
CY2023Q4 acre Unfunded Commitments
UnfundedCommitments
116539000 usd
CY2023Q3 srt Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
50000000 usd
CY2024Q3 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
354269000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
60830000 shares
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
765534000 shares
CY2024Q3 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
25462 shares
CY2024Q3 acre Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Expected To Vest In Year Two
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExpectedToVestInYearTwo
362903 shares
CY2024Q3 acre Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Expected To Vest In Year Three
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExpectedToVestInYearThree
248032 shares
CY2024Q3 acre Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Expected To Vest In Year Four
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExpectedToVestInYearFour
129137 shares
CY2024Q3 acre Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Expected To Vest In Year Five
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExpectedToVestInYearFive
0 shares
CY2024Q3 acre Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Grants To Date
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingGrantsToDate
765534 shares
CY2024Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-5880000 usd
CY2024Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-5880000 usd
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
9184000 usd
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
9184000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-24329000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-24329000 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
CY2024Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
54464147 shares
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
54085035 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
54429014 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
54339441 shares
CY2024Q3 us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
0 shares
CY2023Q3 us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
711378 shares
us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
0 shares
us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
703765 shares
CY2024Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
54464147 shares
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
54796413 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
54429014 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
55043206 shares
CY2024Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.11
CY2023Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.17
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.45
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.01
CY2024Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.11
CY2023Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.17
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.45
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.01
CY2024Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
775927 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
797430 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
CY2024Q3 acre Number Of Debt Securities Available For Sale
NumberOfDebtSecuritiesAvailableForSale
3 investment
CY2023Q4 acre Number Of Debt Securities Available For Sale
NumberOfDebtSecuritiesAvailableForSale
3 investment
CY2024Q3 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
26889000 usd
CY2024Q3 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
26815000 usd
us-gaap Debt Securities Available For Sale Purchased With Credit Deterioration Discount Premium
DebtSecuritiesAvailableForSalePurchasedWithCreditDeteriorationDiscountPremium
74000 usd
us-gaap Debt Securities Available For Sale Unrealized Gain Loss
DebtSecuritiesAvailableForSaleUnrealizedGainLoss
190000 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
CY2024Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.25
CY2024Q3 us-gaap Dividends Common Stock
DividendsCommonStock
13809000 usd
CY2024Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.25
CY2024Q2 us-gaap Dividends Common Stock
DividendsCommonStock
13812000 usd
CY2024Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.25
CY2024Q1 us-gaap Dividends Common Stock
DividendsCommonStock
13802000 usd
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.75
us-gaap Dividends Common Stock
DividendsCommonStock
41423000 usd
CY2023Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.33
CY2023Q3 us-gaap Dividends Common Stock
DividendsCommonStock
18082000 usd
CY2023Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.35
CY2023Q2 us-gaap Dividends Common Stock
DividendsCommonStock
19180000 usd
CY2023Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.35
CY2023Q1 us-gaap Dividends Common Stock
DividendsCommonStock
19345000 usd
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.03
us-gaap Dividends Common Stock
DividendsCommonStock
56607000 usd
CY2024Q3 us-gaap Dividends Payable Amount Per Share
DividendsPayableAmountPerShare
0.33
CY2024Q3 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
158100000 usd
CY2024Q3 acre Debt Instrument Covenant Compliance Borrowing Base Percent Of Fair Value
DebtInstrumentCovenantComplianceBorrowingBasePercentOfFairValue
0.55
CY2024Q3 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q3 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q3 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2024Q3 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false

Files In Submission

Name View Source Status
0001628280-24-045922-index-headers.html Edgar Link pending
0001628280-24-045922-index.html Edgar Link pending
0001628280-24-045922.txt Edgar Link pending
0001628280-24-045922-xbrl.zip Edgar Link pending
acre-20240930.htm Edgar Link pending
acre-20240930.xsd Edgar Link pending
acre-20240930_g1.jpg Edgar Link pending
acreq3-24ex104msfifthamend.htm Edgar Link pending
acreq3-24exhibit101.htm Edgar Link pending
acreq3-24exhibit102.htm Edgar Link pending
acreq3-24exhibit103.htm Edgar Link pending
acreq3-24exhibit311.htm Edgar Link pending
acreq3-24exhibit312.htm Edgar Link pending
acreq3-24exhibit321.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
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
acre-20240930_def.xml Edgar Link unprocessable
acre-20240930_lab.xml Edgar Link unprocessable
acre-20240930_pre.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
acre-20240930_htm.xml Edgar Link completed
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
acre-20240930_cal.xml Edgar Link unprocessable