2013 Q3 Form 10-Q Financial Statement

#000144530513002736 Filed on November 06, 2013

View on sec.gov

Income Statement

Concept 2013 Q3 2012 Q3
Revenue $19.70M $15.00M
YoY Change 31.33% 7.14%
Cost Of Revenue $900.0K $1.800M
YoY Change -50.0% -51.35%
Gross Profit $18.80M $13.20M
YoY Change 42.42% 29.41%
Gross Profit Margin 95.43% 88.0%
Selling, General & Admin $4.400M $3.900M
YoY Change 12.82% 56.0%
% of Gross Profit 23.4% 29.55%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $4.418M $3.948M
YoY Change 11.9% 55.56%
Operating Profit $14.38M $9.252M
YoY Change 55.45% 20.75%
Interest Expense $885.0K $1.768M
YoY Change -49.94% -52.42%
% of Operating Profit 6.15% 19.11%
Other Income/Expense, Net
YoY Change
Pretax Income $12.90M $12.20M
YoY Change 5.74% 121.82%
Income Tax $0.00 $0.00
% Of Pretax Income 0.0% 0.0%
Net Earnings $12.90M $12.21M
YoY Change 5.64% 121.53%
Net Earnings / Revenue 65.48% 81.41%
Basic Earnings Per Share
Diluted Earnings Per Share $344.9K $581.0K
COMMON SHARES
Basic Shares Outstanding 36.88M shares 20.57M shares
Diluted Shares Outstanding 37.38M shares 20.99M shares

Balance Sheet

Concept 2013 Q3 2012 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $86.80M $68.00M
YoY Change 27.65% 52.81%
Cash & Equivalents $86.82M $67.99M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $92.50M $72.10M
YoY Change 28.29% 34.51%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $682.8M $506.7M
YoY Change 34.75% -32.08%
Other Assets $16.60M $1.100M
YoY Change 1409.09% -35.29%
Total Long-Term Assets $860.3M $612.1M
YoY Change 40.53% -28.57%
TOTAL ASSETS
Total Short-Term Assets $92.50M $72.10M
Total Long-Term Assets $860.3M $612.1M
Total Assets $952.8M $684.2M
YoY Change 39.24% -24.86%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.700M $2.000M
YoY Change -15.0% -33.33%
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 $21.40M $13.60M
YoY Change 57.35% 6.25%
LONG-TERM LIABILITIES
Long-Term Debt $227.2M $243.0M
YoY Change -6.5% -56.68%
Other Long-Term Liabilities $21.30M $300.0K
YoY Change 7000.0% -66.67%
Total Long-Term Liabilities $248.5M $243.3M
YoY Change 2.14% -56.69%
TOTAL LIABILITIES
Total Short-Term Liabilities $21.40M $13.60M
Total Long-Term Liabilities $248.5M $243.3M
Total Liabilities $269.9M $256.8M
YoY Change 5.08% -55.3%
SHAREHOLDERS EQUITY
Retained Earnings -$13.24M $4.808M
YoY Change -375.27%
Common Stock $696.7M $422.5M
YoY Change 64.91%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $682.9M $427.4M
YoY Change
Total Liabilities & Shareholders Equity $952.8M $684.2M
YoY Change 39.24% -24.86%

Cashflow Statement

Concept 2013 Q3 2012 Q3
OPERATING ACTIVITIES
Net Income $12.90M $12.21M
YoY Change 5.64% 121.53%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities $10.70M $17.30M
YoY Change -38.15% 103.53%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities -$84.10M $71.60M
YoY Change -217.46% 8850.0%
Cash From Investing Activities -$84.10M $71.60M
YoY Change -217.46% 8850.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 3.400M -32.90M
YoY Change -110.33% -410.38%
NET CHANGE
Cash From Operating Activities 10.70M 17.30M
Cash From Investing Activities -84.10M 71.60M
Cash From Financing Activities 3.400M -32.90M
Net Change In Cash -70.00M 56.00M
YoY Change -225.0% 181.41%
FREE CASH FLOW
Cash From Operating Activities $10.70M $17.30M
Capital Expenditures
Free Cash Flow
YoY Change

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PreferredStockDividendsIncomeStatementImpact
5580000 USD
CY2013Q3 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
1859000 USD
CY2012Q3 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
1219000 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
1219000 USD
CY2013Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2012Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2012Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2013Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2012Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
3450000 shares
CY2013Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
3450000 shares
CY2013Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
3450000 shares
CY2012Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
3450000 shares
CY2013Q3 us-gaap Preferred Stock Value
PreferredStockValue
35000 USD
CY2012Q4 us-gaap Preferred Stock Value
PreferredStockValue
35000 USD
us-gaap Proceeds From Collection Of Mortgage Loans Held For Sale
ProceedsFromCollectionOfMortgageLoansHeldForSale
71173000 USD
us-gaap Proceeds From Collection Of Mortgage Loans Held For Sale
ProceedsFromCollectionOfMortgageLoansHeldForSale
26000 USD
us-gaap Proceeds From Collection Of Other Loans Held For Sale
ProceedsFromCollectionOfOtherLoansHeldForSale
6598000 USD
us-gaap Proceeds From Collection Of Other Loans Held For Sale
ProceedsFromCollectionOfOtherLoansHeldForSale
36464000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
148804000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
USD
us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
86250000 USD
us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
USD
us-gaap Proceeds From Repayments Of Restricted Cash Financing Activities
ProceedsFromRepaymentsOfRestrictedCashFinancingActivities
USD
us-gaap Proceeds From Repayments Of Restricted Cash Financing Activities
ProceedsFromRepaymentsOfRestrictedCashFinancingActivities
-15794000 USD
us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
121338000 USD
us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
USD
us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
280000 USD
us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
251327000 USD
CY2013Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
15794000 USD
CY2012Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
USD
CY2012Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
574000 USD
CY2013Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-13235000 USD
CY2012Q4 us-gaap Secured Debt Repurchase Agreements
SecuredDebtRepurchaseAgreements
225158000 USD
CY2013Q3 us-gaap Secured Debt Repurchase Agreements
SecuredDebtRepurchaseAgreements
227167000 USD
CY2013Q3 us-gaap Securities Held As Collateral At Fair Value
SecuritiesHeldAsCollateralAtFairValue
250660000 USD
CY2012Q4 us-gaap Securities Held As Collateral At Fair Value
SecuritiesHeldAsCollateralAtFairValue
211809000 USD
CY2012Q4 us-gaap Securities Loaned Or Sold Under Agreements To Repurchase Fair Value Disclosure
SecuritiesLoanedOrSoldUnderAgreementsToRepurchaseFairValueDisclosure
225158000 USD
CY2013Q3 us-gaap Securities Loaned Or Sold Under Agreements To Repurchase Fair Value Disclosure
SecuritiesLoanedOrSoldUnderAgreementsToRepurchaseFairValueDisclosure
227175000 USD
CY2012Q4 us-gaap Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
225158000 USD
CY2013Q3 us-gaap Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
227167000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
2095000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
3244000 USD
CY2013Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
10000 shares
CY2013Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
153000
us-gaap Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
148804000 USD
us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
0 USD
CY2013Q3 us-gaap Stockholders Equity
StockholdersEquity
682887000 USD
CY2012Q4 us-gaap Stockholders Equity
StockholdersEquity
546924000 USD
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
228000 USD
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
155000 USD
CY2013Q3 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
25000 USD
CY2012Q3 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
40000 USD
CY2013Q3 us-gaap Unrealized Gain Loss On Securities
UnrealizedGainLossOnSecurities
-1472000 USD
us-gaap Unrealized Gain Loss On Securities
UnrealizedGainLossOnSecurities
-3973000 USD
CY2012Q3 us-gaap Unrealized Gain Loss On Securities
UnrealizedGainLossOnSecurities
3010000 USD
us-gaap Unrealized Gain Loss On Securities
UnrealizedGainLossOnSecurities
6473000 USD
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
35103285 shares
CY2013Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
37379469 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
20983429 shares
CY2012Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
20992312 shares
CY2013Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
36883002 shares
CY2012Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
20571478 shares
CY2012 ari Percentage Vintage
PercentageVintage
1.00
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
34647941 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
20567772 shares
ari Aggregate Balance Of Companys Investment In Repurchase Facility
AggregateBalanceOfCompanysInvestmentInRepurchaseFacility
47439000 USD
ari Capital Increase Related To Equity Based Compensation
CapitalIncreaseRelatedToEquityBasedCompensation
-2065000 USD
CY2013Q2 ari Common Stock Offering Maximum Authorized Amount
CommonStockOfferingMaximumAuthorizedAmount
100000000 USD
CY2012 ari Coupon
Coupon
0.056
ari Coupon
Coupon
0.058
ari Deferred Financing Costs Not Yet Paid
DeferredFinancingCostsNotYetPaid
USD
ari Deferred Financing Costs Not Yet Paid
DeferredFinancingCostsNotYetPaid
250000 USD
CY2012Q3 ari Distributable Earnings
DistributableEarnings
0.40
CY2013Q3 ari Distributable Earnings
DistributableEarnings
0.40
ari Distributable Earnings
DistributableEarnings
0.80
ari Distributable Earnings
DistributableEarnings
1.28
ari Interest Rate For Principal Repayments That Occur Prior To Twenty First Month Are Subject To Make Whole Provision
InterestRateForPrincipalRepaymentsThatOccurPriorToTwentyFirstMonthAreSubjectToMakeWholeProvision
0.13
ari Investment Repurchase Agreement Amount
InvestmentRepurchaseAgreementAmount
47439000 USD
ari Investment Repurchase Agreement Description Of Investment Subject To Agreement
InvestmentRepurchaseAgreementDescriptionOfInvestmentSubjectToAgreement
P18M
CY2012Q4 ari Investments Purchased Notyet Settled
InvestmentsPurchasedNotyetSettled
USD
CY2013Q3 ari Investments Purchased Notyet Settled
InvestmentsPurchasedNotyetSettled
21299000 USD
CY2012Q4 ari Loans Held For Investment Current Face Amount
LoansHeldForInvestmentCurrentFaceAmount
146550000 USD
CY2013Q3 ari Loans Held For Investment Current Face Amount
LoansHeldForInvestmentCurrentFaceAmount
161653000 USD
CY2013Q3 ari Loans Held For Sale Mortgages Fair Value Disclosure
LoansHeldForSaleMortgagesFairValueDisclosure
165063000 USD
CY2012Q4 ari Loans Held For Sale Mortgages Fair Value Disclosure
LoansHeldForSaleMortgagesFairValueDisclosure
150144000 USD
CY2013Q3 ari Loans Held For Sale Other Fair Value Disclosure
LoansHeldForSaleOtherFairValueDisclosure
USD
CY2012Q4 ari Loans Held For Sale Other Fair Value Disclosure
LoansHeldForSaleOtherFairValueDisclosure
6598000 USD
CY2012Q3 ari Management Fees To Related Parties
ManagementFeesToRelatedParties
1518000 USD
ari Management Fees To Related Parties
ManagementFeesToRelatedParties
7384000 USD
ari Management Fees To Related Parties
ManagementFeesToRelatedParties
4099000 USD
CY2013Q3 ari Management Fees To Related Parties
ManagementFeesToRelatedParties
2625000 USD
CY2013Q3 ari Mortgage Loanson Real Estate Internal Rateof Return
MortgageLoansonRealEstateInternalRateofReturn
0.25
CY2013Q3 ari Mortgage Loanson Real Estate Sub Participation Brokerage Fee
MortgageLoansonRealEstateSubParticipationBrokerageFee
0.03
CY2013Q3 ari Mortgage Loanson Real Estate Sub Participation Percentageof Par
MortgageLoansonRealEstateSubParticipationPercentageofPar
0.78
ari Number Of Debt Position In Cdo Bond
NumberOfDebtPositionInCdoBond
58 debt_positions_and_securities
CY2012 ari Numberof Optionsto Extend Repurchase Agreement
NumberofOptionstoExtendRepurchaseAgreement
3 option
CY2012 ari Optionto Extend Repurchase Agreement Term
OptiontoExtendRepurchaseAgreementTerm
P6M
CY2012Q3 ari Payable For Offering Costs
PayableForOfferingCosts
338000 USD
CY2013Q3 ari Payable For Offering Costs
PayableForOfferingCosts
USD
ari Payments To Acquire Securities Held As Collateral At Fair Value
PaymentsToAcquireSecuritiesHeldAsCollateralAtFairValue
70676000 USD
ari Payments To Acquire Securities Held As Collateral At Fair Value
PaymentsToAcquireSecuritiesHeldAsCollateralAtFairValue
70490000 USD
ari Payments To Purchase Loans Held For Sale Commercial Real Estate
PaymentsToPurchaseLoansHeldForSaleCommercialRealEstate
213515000 USD
ari Payments To Purchase Loans Held For Sale Commercial Real Estate
PaymentsToPurchaseLoansHeldForSaleCommercialRealEstate
46180000 USD
ari Percentage Of Face Amount Of Cdo Bond
PercentageOfFaceAmountOfCdoBond
0.69
CY2013Q1 ari Percentage Of Internal Rate Of Return
PercentageOfInternalRateOfReturn
0.17
ari Percentage Vintage
PercentageVintage
1.00
ari Principal Payments Received On Securities At Estimated Fair Value
PrincipalPaymentsReceivedOnSecuritiesAtEstimatedFairValue
49164000 USD
ari Principal Payments Received On Securities At Estimated Fair Value
PrincipalPaymentsReceivedOnSecuritiesAtEstimatedFairValue
92009000 USD
ari Principal Payments Received On Securities Available For Sale
PrincipalPaymentsReceivedOnSecuritiesAvailableForSale
28485000 USD
ari Principal Payments Received On Securities Available For Sale
PrincipalPaymentsReceivedOnSecuritiesAvailableForSale
99191000 USD
ari Proceeds From Collection Of Commercial Real Estate Loans Held For Sale
ProceedsFromCollectionOfCommercialRealEstateLoansHeldForSale
24541000 USD
ari Proceeds From Collection Of Commercial Real Estate Loans Held For Sale
ProceedsFromCollectionOfCommercialRealEstateLoansHeldForSale
17898000 USD
ari Proceeds From Sale Of Securities Held As Collateral At Fair Value
ProceedsFromSaleOfSecuritiesHeldAsCollateralAtFairValue
USD
ari Proceeds From Sale Of Securities Held As Collateral At Fair Value
ProceedsFromSaleOfSecuritiesHeldAsCollateralAtFairValue
16918000 USD
ari Proceeds From Securities Sold Under Agreements To Repurchase
ProceedsFromSecuritiesSoldUnderAgreementsToRepurchase
70195000 USD
ari Proceeds From Securities Sold Under Agreements To Repurchase
ProceedsFromSecuritiesSoldUnderAgreementsToRepurchase
313860000 USD
ari Repayments Of Repurchase Agreement Borrowings
RepaymentsOfRepurchaseAgreementBorrowings
68187000 USD
ari Repayments Of Repurchase Agreement Borrowings
RepaymentsOfRepurchaseAgreementBorrowings
361590000 USD
CY2012 ari Repurchase Agreements Maturity
RepurchaseAgreementsMaturity
P1Y1M6D
ari Repurchase Agreements Maturity
RepurchaseAgreementsMaturity
P2Y2M12D
ari Repurchase Facility Accrual Interest Rate
RepurchaseFacilityAccrualInterestRate
0.03
ari Repurchase Facility Current Pay Interest Rate
RepurchaseFacilityCurrentPayInterestRate
0.1
ari Repurchase Facility Interest Rate
RepurchaseFacilityInterestRate
0.13
CY2012Q4 ari Restricted Cashand Cash Equivalents Fair Value Disclosure
RestrictedCashandCashEquivalentsFairValueDisclosure
USD
CY2013Q3 ari Restricted Cashand Cash Equivalents Fair Value Disclosure
RestrictedCashandCashEquivalentsFairValueDisclosure
15794000 USD
CY2013Q3 ari Securities Pledged As Collateral
SecuritiesPledgedAsCollateral
68726000 USD
CY2013Q3 ari Senior Sub Participation Interests
SeniorSubParticipationInterests
2 participation_interest
CY2013Q3 ari Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Expected To Vest
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExpectedToVest
337179 shares
CY2013Q3 ari Share Based Compensation Arrangement Final Vesting Date
ShareBasedCompensationArrangementFinalVestingDate
2013-09-01
CY2013Q3 ari Share Based Compensation Arrangement Initial Vesting Date
ShareBasedCompensationArrangementInitialVestingDate
2013-09-01
CY2009Q3 ari Share Based Compensation Arrangement Number Of Shares Authorized As Percentage Of Common Stock Outstanding
ShareBasedCompensationArrangementNumberOfSharesAuthorizedAsPercentageOfCommonStockOutstanding
0.075
CY2012Q4 ari Subordinate Loans Held For Investment Carrying Amount
SubordinateLoansHeldForInvestmentCarryingAmount
246246000 USD
CY2013Q3 ari Subordinate Loans Held For Investment Carrying Amount
SubordinateLoansHeldForInvestmentCarryingAmount
394554000 USD
CY2012 ari Subordinate Loans Held For Investment Coupon Rate
SubordinateLoansHeldForInvestmentCouponRate
0.1246
ari Subordinate Loans Held For Investment Coupon Rate
SubordinateLoansHeldForInvestmentCouponRate
0.1204
CY2012Q4 ari Subordinate Loans Held For Investment Original Face Amount
SubordinateLoansHeldForInvestmentOriginalFaceAmount
245875000 USD
CY2013Q3 ari Subordinate Loans Held For Investment Original Face Amount
SubordinateLoansHeldForInvestmentOriginalFaceAmount
396669000 USD
CY2012Q4 ari Subordinate Loans Held For Investments Current Face Amount
SubordinateLoansHeldForInvestmentsCurrentFaceAmount
246959000 USD
CY2013Q3 ari Subordinate Loans Held For Investments Current Face Amount
SubordinateLoansHeldForInvestmentsCurrentFaceAmount
396796000 USD
ari Undistributed Earnings Basic And Diluted
UndistributedEarningsBasicAndDiluted
-0.40
CY2013Q3 ari Undistributed Earnings Basic And Diluted
UndistributedEarningsBasicAndDiluted
-0.11
ari Undistributed Earnings Basic And Diluted
UndistributedEarningsBasicAndDiluted
0.63
CY2012Q3 ari Undistributed Earnings Basic And Diluted
UndistributedEarningsBasicAndDiluted
0.12
CY2012 ari Weighted Average Life
WeightedAverageLife
P1Y9M18D
ari Weighted Average Life
WeightedAverageLife
P2Y2M12D
CY2012 ari Yield
Yield
0.041
ari Yield
Yield
0.053
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2013
dei Document Period End Date
DocumentPeriodEndDate
2013-09-30
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0001467760
CY2013Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
36883467 shares
dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
Apollo Commercial Real Estate Finance, Inc.
dei Trading Symbol
TradingSymbol
ARI

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