2021 Q1 Form 10-Q Financial Statement

#000146776021000018 Filed on April 22, 2021

View on sec.gov

Income Statement

Concept 2021 Q1 2020 Q1
Revenue $71.15M $115.9M
YoY Change -38.61% -2.69%
Cost Of Revenue $35.70M $41.20M
YoY Change -13.35% 13.5%
Gross Profit $71.20M $74.70M
YoY Change -4.69% -9.78%
Gross Profit Margin 100.07% 64.45%
Selling, General & Admin $16.30M $16.80M
YoY Change -2.98% 6.33%
% of Gross Profit 22.89% 22.49%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $0.00
YoY Change
% of Gross Profit 0.0%
Operating Expenses $16.30M $16.80M
YoY Change -2.95% 6.57%
Operating Profit $54.90M $57.90M
YoY Change -5.19% -13.63%
Interest Expense $35.66M $41.21M
YoY Change -13.45% 13.53%
% of Operating Profit 64.97% 71.16%
Other Income/Expense, Net $1.200M -$33.50M
YoY Change -103.58%
Pretax Income $58.30M -$127.8M
YoY Change -145.62% -288.5%
Income Tax
% Of Pretax Income
Net Earnings $58.34M -$127.8M
YoY Change -145.63% -288.67%
Net Earnings / Revenue 81.99% -110.3%
Basic Earnings Per Share $0.39 -$0.86
Diluted Earnings Per Share $0.37 -$0.86
COMMON SHARES
Basic Shares Outstanding 139.8M shares 153.9M shares
Diluted Shares Outstanding 170.8M shares 153.9M shares

Balance Sheet

Concept 2021 Q1 2020 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $294.1M $582.1M
YoY Change -49.48% 432.57%
Cash & Equivalents $294.1M $582.1M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $331.7M $624.0M
YoY Change -46.84% 470.91%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $1.066B $1.017B
YoY Change 4.8% -14.1%
Other Assets $42.40M
YoY Change
Total Long-Term Assets $6.894B $6.550B
YoY Change 5.24% 25.19%
TOTAL ASSETS
Total Short-Term Assets $331.7M $624.0M
Total Long-Term Assets $6.894B $6.550B
Total Assets $7.225B $7.174B
YoY Change 0.71% 34.31%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $5.000M $7.800M
YoY Change -35.9% 20.0%
Accrued Expenses $13.50M $15.90M
YoY Change -15.09% 17.78%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $79.30M $99.10M
YoY Change -19.98% -86.87%
LONG-TERM LIABILITIES
Long-Term Debt $4.812B $4.590B
YoY Change 4.85% 124.39%
Other Long-Term Liabilities $53.40M $50.00M
YoY Change 6.8%
Total Long-Term Liabilities $4.865B $4.640B
YoY Change 4.87% 126.83%
TOTAL LIABILITIES
Total Short-Term Liabilities $79.30M $99.10M
Total Long-Term Liabilities $4.865B $4.640B
Total Liabilities $4.950B $4.773B
YoY Change 3.69% 70.37%
SHAREHOLDERS EQUITY
Retained Earnings -$433.6M -$421.3M
YoY Change 2.9% 217.33%
Common Stock $2.709B $2.822B
YoY Change -4.0% 5.6%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.276B $2.401B
YoY Change
Total Liabilities & Shareholders Equity $7.225B $7.174B
YoY Change 0.71% 34.31%

Cashflow Statement

Concept 2021 Q1 2020 Q1
OPERATING ACTIVITIES
Net Income $58.34M -$127.8M
YoY Change -145.63% -288.67%
Depreciation, Depletion And Amortization $0.00
YoY Change
Cash From Operating Activities $43.91M $54.10M
YoY Change -18.83% -5.43%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities -$298.7M -$323.1M
YoY Change -7.55% 32.96%
Cash From Investing Activities -$298.7M -$323.1M
YoY Change -7.56% 33.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00 $2.441M
YoY Change -100.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $223.4M $398.9M
YoY Change -44.01% 115.27%
NET CHANGE
Cash From Operating Activities $43.91M $54.10M
Cash From Investing Activities -$298.7M -$323.1M
Cash From Financing Activities $223.4M $398.9M
Net Change In Cash -$31.44M $129.9M
YoY Change -124.21% -28146.65%
FREE CASH FLOW
Cash From Operating Activities $43.91M $54.10M
Capital Expenditures
Free Cash Flow
YoY Change

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18753000 USD
CY2021Q1 us-gaap Proceeds From Sale And Collection Of Notes Receivable
ProceedsFromSaleAndCollectionOfNotesReceivable
200077000 USD
CY2020Q1 us-gaap Proceeds From Sale And Collection Of Notes Receivable
ProceedsFromSaleAndCollectionOfNotesReceivable
221972000 USD
CY2021Q1 ari Proceedsfrom Collectionof Commercial Real Estate Loans Heldforsale
ProceedsfromCollectionofCommercialRealEstateLoansHeldforsale
30470000 USD
CY2021Q1 us-gaap Proceeds From Loan Originations1
ProceedsFromLoanOriginations1
6301000 USD
CY2020Q1 us-gaap Proceeds From Loan Originations1
ProceedsFromLoanOriginations1
5445000 USD
CY2021Q1 ari Increase Decrease In Collateral Held Investing Activities
IncreaseDecreaseInCollateralHeldInvestingActivities
430000 USD
CY2020Q1 ari Increase Decrease In Collateral Held Investing Activities
IncreaseDecreaseInCollateralHeldInvestingActivities
7070000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-298699000 USD
CY2020Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-323128000 USD
CY2021Q1 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
40000 USD
CY2020Q1 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
0 USD
CY2021Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
CY2020Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
2441000 USD
CY2021Q1 ari Proceeds From Securities Sold Under Agreements To Repurchase
ProceedsFromSecuritiesSoldUnderAgreementsToRepurchase
322234000 USD
CY2020Q1 ari Proceeds From Securities Sold Under Agreements To Repurchase
ProceedsFromSecuritiesSoldUnderAgreementsToRepurchase
1357442000 USD
CY2021Q1 ari Payments For Securities Sold Under Agreements To Repurchase
PaymentsForSecuritiesSoldUnderAgreementsToRepurchase
331613000 USD
CY2020Q1 ari Payments For Securities Sold Under Agreements To Repurchase
PaymentsForSecuritiesSoldUnderAgreementsToRepurchase
844051000 USD
CY2021Q1 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
1250000 USD
CY2020Q1 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
1250000 USD
CY2020Q1 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
65684000 USD
CY2021Q1 ari Additions To Participation Sold
AdditionsToParticipationSold
15735000 USD
CY2020Q1 ari Additions To Participation Sold
AdditionsToParticipationSold
0 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
325498000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
452282000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
294060000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
582138000 USD
CY2021Q1 us-gaap Interest Paid Net
InterestPaidNet
36494000 USD
CY2020Q1 us-gaap Interest Paid Net
InterestPaidNet
36979000 USD
CY2021Q1 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
52615000 USD
CY2021Q1 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
297000000 USD
CY2020Q1 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
0 USD
CY2021Q1 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
5369000 USD
CY2020Q1 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
2722000 USD
CY2021Q1 ari Payments For Collateral Deposited Under Secured Debt Arrangements
PaymentsForCollateralDepositedUnderSecuredDebtArrangements
0 USD
CY2020Q1 ari Payments For Collateral Deposited Under Secured Debt Arrangements
PaymentsForCollateralDepositedUnderSecuredDebtArrangements
26262000 USD
CY2021Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-4279000 USD
CY2020Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-6494000 USD
CY2021Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
49947000 USD
CY2020Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
71950000 USD
CY2021Q1 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
3385000 USD
CY2020Q1 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
3385000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
223351000 USD
CY2020Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
398887000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-31438000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
129856000 USD
CY2020Q1 ari Loan Proceeds Held By Servicer
LoanProceedsHeldByServicer
0 USD
CY2021Q1 ari Deferred Financing Costs Net Yet Paid
DeferredFinancingCostsNetYetPaid
2596000 USD
CY2021Q1 ari Loan Proceeds Held By Servicer
LoanProceedsHeldByServicer
1550000 USD
CY2020Q1 ari Deferred Financing Costs Net Yet Paid
DeferredFinancingCostsNetYetPaid
5193000 USD
CY2021Q1 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
CY2021Q1 us-gaap Mortgage Loans On Real Estate Commercial And Consumer Net
MortgageLoansOnRealEstateCommercialAndConsumerNet
6820074000 USD
CY2020Q4 us-gaap Mortgage Loans On Real Estate Commercial And Consumer Net
MortgageLoansOnRealEstateCommercialAndConsumerNet
6496977000 USD
CY2021Q1 us-gaap Allowance For Loan And Lease Losses Real Estate
AllowanceForLoanAndLeaseLossesRealEstate
36435000 USD
CY2021Q1 us-gaap Mortgage Loans On Real Estate Commercial And Consumer Net
MortgageLoansOnRealEstateCommercialAndConsumerNet
6820074000 USD
CY2021Q1 us-gaap Off Balance Sheet Credit Loss Liability
OffBalanceSheetCreditLossLiability
3800000 USD
CY2021Q1 ari Loans And Leases Receivable Number Of Contracts
LoansAndLeasesReceivableNumberOfContracts
67 loan
CY2020 ari Loans And Leases Receivable Number Of Contracts
LoansAndLeasesReceivableNumberOfContracts
67 loan
CY2021Q1 us-gaap Mortgage Loans On Real Estate Commercial And Consumer Net
MortgageLoansOnRealEstateCommercialAndConsumerNet
6820074000 USD
CY2020Q4 us-gaap Mortgage Loans On Real Estate Commercial And Consumer Net
MortgageLoansOnRealEstateCommercialAndConsumerNet
6496977000 USD
CY2021Q1 ari Mortgage Loanson Real Estate Commitmentto Lend Unfunded Amount
MortgageLoansonRealEstateCommitmenttoLendUnfundedAmount
1402474000 USD
CY2020Q4 ari Mortgage Loanson Real Estate Commitmentto Lend Unfunded Amount
MortgageLoansonRealEstateCommitmenttoLendUnfundedAmount
1399989000 USD
CY2021Q1 ari Loans And Leases Receivable Weighted Average Interest Rate
LoansAndLeasesReceivableWeightedAverageInterestRate
0.056
CY2020 ari Loans And Leases Receivable Weighted Average Interest Rate
LoansAndLeasesReceivableWeightedAverageInterestRate
0.057
CY2021Q1 ari Loansand Leases Receivable Weighted Average Remaining Term
LoansandLeasesReceivableWeightedAverageRemainingTerm
P2Y9M18D
CY2020 ari Loansand Leases Receivable Weighted Average Remaining Term
LoansandLeasesReceivableWeightedAverageRemainingTerm
P2Y9M18D
CY2021Q1 ari Loans And Leases Receivable Weighted Average Expected Maturity
LoansAndLeasesReceivableWeightedAverageExpectedMaturity
P2Y1M6D
CY2020 ari Loans And Leases Receivable Weighted Average Expected Maturity
LoansAndLeasesReceivableWeightedAverageExpectedMaturity
P2Y1M6D
CY2020Q4 ari Financing Receivable Nonaccrual Or Cost Recovery Loans Weighted Average Interest Rate
FinancingReceivableNonaccrualOrCostRecoveryLoansWeightedAverageInterestRate
0
CY2021Q1 ari Financing Receivable Nonaccrual Or Cost Recovery Loans Weighted Average Interest Rate
FinancingReceivableNonaccrualOrCostRecoveryLoansWeightedAverageInterestRate
0
CY2021Q1 us-gaap Notes Receivable Gross
NotesReceivableGross
6856509000 USD
CY2021Q1 ari Mortgage Loans On Real Estate Commercial And Consumer Percentage Of Portfolio
MortgageLoansOnRealEstateCommercialAndConsumerPercentageOfPortfolio
1.000
CY2020Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
6535079000 USD
CY2020 ari Mortgage Loans On Real Estate Commercial And Consumer Percentage Of Portfolio
MortgageLoansOnRealEstateCommercialAndConsumerPercentageOfPortfolio
1.000
CY2021Q1 us-gaap Allowance For Loan And Lease Losses Real Estate
AllowanceForLoanAndLeaseLossesRealEstate
36435000 USD
CY2020Q4 us-gaap Allowance For Loan And Lease Losses Real Estate
AllowanceForLoanAndLeaseLossesRealEstate
38102000 USD
CY2021Q1 us-gaap Mortgage Loans On Real Estate Commercial And Consumer Net
MortgageLoansOnRealEstateCommercialAndConsumerNet
6820074000 USD
CY2020Q4 us-gaap Mortgage Loans On Real Estate Commercial And Consumer Net
MortgageLoansOnRealEstateCommercialAndConsumerNet
6496977000 USD
CY2021Q1 us-gaap Off Balance Sheet Credit Loss Liability
OffBalanceSheetCreditLossLiability
3800000 USD
CY2020Q4 us-gaap Off Balance Sheet Credit Loss Liability
OffBalanceSheetCreditLossLiability
3400000 USD
CY2021Q1 us-gaap Notes Receivable Gross
NotesReceivableGross
6856509000 USD
CY2021Q1 ari Mortgage Loans On Real Estate Commercial And Consumer Percentage Of Portfolio
MortgageLoansOnRealEstateCommercialAndConsumerPercentageOfPortfolio
1.000
CY2020Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
6535079000 USD
CY2020Q1 ari Mortgage Loans On Real Estate Commercial And Consumer Percentage Of Portfolio
MortgageLoansOnRealEstateCommercialAndConsumerPercentageOfPortfolio
1.000
CY2021Q1 us-gaap Allowance For Loan And Lease Losses Real Estate
AllowanceForLoanAndLeaseLossesRealEstate
36435000 USD
CY2020Q4 us-gaap Allowance For Loan And Lease Losses Real Estate
AllowanceForLoanAndLeaseLossesRealEstate
38102000 USD
CY2021Q1 us-gaap Mortgage Loans On Real Estate Commercial And Consumer Net
MortgageLoansOnRealEstateCommercialAndConsumerNet
6820074000 USD
CY2020Q4 us-gaap Mortgage Loans On Real Estate Commercial And Consumer Net
MortgageLoansOnRealEstateCommercialAndConsumerNet
6496977000 USD
CY2021Q1 us-gaap Off Balance Sheet Credit Loss Liability
OffBalanceSheetCreditLossLiability
3800000 USD
CY2020Q4 us-gaap Off Balance Sheet Credit Loss Liability
OffBalanceSheetCreditLossLiability
3400000 USD
CY2021Q1 ari Loans And Leases Receivable Number Of Contracts
LoansAndLeasesReceivableNumberOfContracts
67 loan
CY2021Q1 us-gaap Notes Receivable Gross
NotesReceivableGross
6856509000 USD
CY2021Q1 ari Mortgage Loans On Real Estate Commercial And Consumer Percentage Of Portfolio
MortgageLoansOnRealEstateCommercialAndConsumerPercentageOfPortfolio
1.000
CY2021Q1 us-gaap Financing Receivable Originated In Current Fiscal Year
FinancingReceivableOriginatedInCurrentFiscalYear
410664000 USD
CY2021Q1 us-gaap Financing Receivable Originated In Fiscal Year Before Latest Fiscal Year
FinancingReceivableOriginatedInFiscalYearBeforeLatestFiscalYear
479012000 USD
CY2021Q1 us-gaap Financing Receivable Originated Two Years Before Latest Fiscal Year
FinancingReceivableOriginatedTwoYearsBeforeLatestFiscalYear
2661177000 USD
CY2021Q1 us-gaap Financing Receivable Originated Three Years Before Latest Fiscal Year
FinancingReceivableOriginatedThreeYearsBeforeLatestFiscalYear
1258870000 USD
CY2021Q1 us-gaap Financing Receivable Originated Four Years Before Latest Fiscal Year
FinancingReceivableOriginatedFourYearsBeforeLatestFiscalYear
1068989000 USD
CY2021Q1 us-gaap Financing Receivable Originated Five Or More Years Before Latest Fiscal Year
FinancingReceivableOriginatedFiveOrMoreYearsBeforeLatestFiscalYear
977797000 USD
CY2021Q1 us-gaap Allowance For Loan And Lease Losses Real Estate
AllowanceForLoanAndLeaseLossesRealEstate
36435000 USD
CY2021Q1 us-gaap Mortgage Loans On Real Estate Commercial And Consumer Net
MortgageLoansOnRealEstateCommercialAndConsumerNet
6820074000 USD
CY2021Q1 ari Loans And Leases Receivable Weighted Average Risk Rating
LoansAndLeasesReceivableWeightedAverageRiskRating
3.1
CY2020Q1 ari Loans And Leases Receivable Number Of Contracts
LoansAndLeasesReceivableNumberOfContracts
75 loan
CY2020Q1 us-gaap Notes Receivable Gross
NotesReceivableGross
6488891000 USD
CY2020Q1 ari Mortgage Loans On Real Estate Commercial And Consumer Percentage Of Portfolio
MortgageLoansOnRealEstateCommercialAndConsumerPercentageOfPortfolio
1.000
CY2020Q1 us-gaap Financing Receivable Originated In Current Fiscal Year
FinancingReceivableOriginatedInCurrentFiscalYear
423419000 USD
CY2020Q1 us-gaap Financing Receivable Originated In Fiscal Year Before Latest Fiscal Year
FinancingReceivableOriginatedInFiscalYearBeforeLatestFiscalYear
2609209000 USD
CY2020Q1 us-gaap Financing Receivable Originated Two Years Before Latest Fiscal Year
FinancingReceivableOriginatedTwoYearsBeforeLatestFiscalYear
1545407000 USD
CY2020Q1 us-gaap Financing Receivable Originated Three Years Before Latest Fiscal Year
FinancingReceivableOriginatedThreeYearsBeforeLatestFiscalYear
905895000 USD
CY2020Q1 us-gaap Financing Receivable Originated Four Years Before Latest Fiscal Year
FinancingReceivableOriginatedFourYearsBeforeLatestFiscalYear
216777000 USD
CY2020Q1 us-gaap Financing Receivable Originated Five Or More Years Before Latest Fiscal Year
FinancingReceivableOriginatedFiveOrMoreYearsBeforeLatestFiscalYear
788184000 USD
CY2020Q1 us-gaap Allowance For Loan And Lease Losses Real Estate
AllowanceForLoanAndLeaseLossesRealEstate
58273000 USD
CY2020Q1 us-gaap Mortgage Loans On Real Estate Commercial And Consumer Net
MortgageLoansOnRealEstateCommercialAndConsumerNet
6430618000 USD
CY2020Q1 ari Loans And Leases Receivable Weighted Average Risk Rating
LoansAndLeasesReceivableWeightedAverageRiskRating
3.1
CY2021Q1 ari Financing Receivable Cost Recovery
FinancingReceivableCostRecovery
404074000 USD
CY2021Q1 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
175000000.0 USD
CY2020Q1 ari Financing Receivable Loan Specific Credit Loss Expense Reversal Net Of Previously Recorded Amount
FinancingReceivableLoanSpecificCreditLossExpenseReversalNetOfPreviouslyRecordedAmount
-125000000.0 USD
CY2020Q1 ari Financing Receivable Loan Specific Credit Loss Expense Reversal Previously Recorded Due To Payoff Or Restructuring
FinancingReceivableLoanSpecificCreditLossExpenseReversalPreviouslyRecordedDueToPayoffOrRestructuring
25000000.0 USD
CY2021Q1 us-gaap Off Balance Sheet Credit Loss Liability
OffBalanceSheetCreditLossLiability
3794000 USD
CY2020Q1 us-gaap Off Balance Sheet Credit Loss Liability
OffBalanceSheetCreditLossLiability
3365000 USD
CY2021Q1 ari Allowance For Loan And Lease Losses Real Estate And Off Balance Sheet Credit Loss Liability
AllowanceForLoanAndLeaseLossesRealEstateAndOffBalanceSheetCreditLossLiability
40229000 USD
CY2020Q1 ari Allowance For Loan And Lease Losses Real Estate And Off Balance Sheet Credit Loss Liability
AllowanceForLoanAndLeaseLossesRealEstateAndOffBalanceSheetCreditLossLiability
41467000 USD
CY2021Q1 us-gaap Interest Receivable
InterestReceivable
37600000 USD
CY2021Q1 ari Financing Receivable Cost Recovery
FinancingReceivableCostRecovery
404100000 USD
CY2020Q1 ari Financing Receivable Cost Recovery
FinancingReceivableCostRecovery
373500000 USD
CY2021Q1 ari Financing Receivable Cost Recovery Interest Received
FinancingReceivableCostRecoveryInterestReceived
300000 USD
CY2020Q1 ari Allowance For Loan And Lease Losses Including Loan Specific Real Estate And Off Balance Sheet Credit Loss Liability Percent Of Amortized Cost
AllowanceForLoanAndLeaseLossesIncludingLoanSpecificRealEstateAndOffBalanceSheetCreditLossLiabilityPercentOfAmortizedCost
0.0405
CY2020Q1 ari Financing Receivable Cost Recovery Interest Received
FinancingReceivableCostRecoveryInterestReceived
1800000 USD
CY2020Q4 ari Financing Receivable Funded Allowancefor Credit Loss
FinancingReceivableFundedAllowanceforCreditLoss
38102000 USD
CY2020Q4 us-gaap Off Balance Sheet Credit Loss Liability
OffBalanceSheetCreditLossLiability
3365000 USD
CY2020Q4 ari Allowance For Loan And Lease Losses Real Estate And Off Balance Sheet Credit Loss Liability
AllowanceForLoanAndLeaseLossesRealEstateAndOffBalanceSheetCreditLossLiability
41467000 USD
CY2020Q4 ari Allowance For Loan And Lease Losses Including Loan Specific Real Estate And Off Balance Sheet Credit Loss Liability
AllowanceForLoanAndLeaseLossesIncludingLoanSpecificRealEstateAndOffBalanceSheetCreditLossLiability
216467000 USD
CY2020Q4 ari Allowance For Loan And Lease Losses Real Estate And Off Balance Sheet Credit Loss Liability Percent Of Amortized Cost
AllowanceForLoanAndLeaseLossesRealEstateAndOffBalanceSheetCreditLossLiabilityPercentOfAmortizedCost
0.0067
CY2020Q4 ari Allowance For Loan And Lease Losses Including Loan Specific Real Estate And Off Balance Sheet Credit Loss Liability Percent Of Amortized Cost
AllowanceForLoanAndLeaseLossesIncludingLoanSpecificRealEstateAndOffBalanceSheetCreditLossLiabilityPercentOfAmortizedCost
0.0323
CY2021Q1 ari Financing Receivable Funded Credit Loss Expense Reversal
FinancingReceivableFundedCreditLossExpenseReversal
-1667000 USD
CY2021Q1 us-gaap Off Balance Sheet Credit Loss Liability Credit Loss Expense Reversal
OffBalanceSheetCreditLossLiabilityCreditLossExpenseReversal
429000 USD
CY2021Q1 ari Allowance For Loan And Lease Losses Real Estate And Off Balance Sheet Credit Loss Expense Reversal
AllowanceForLoanAndLeaseLossesRealEstateAndOffBalanceSheetCreditLossExpenseReversal
-1238000 USD
CY2021Q1 ari Allowance For Loan And Lease Losses Including Loan Specific Real Estate And Off Balance Sheet Credit Loss Expense Reversal
AllowanceForLoanAndLeaseLossesIncludingLoanSpecificRealEstateAndOffBalanceSheetCreditLossExpenseReversal
-1238000 USD
CY2021Q1 ari Financing Receivable Funded Allowancefor Credit Loss
FinancingReceivableFundedAllowanceforCreditLoss
36435000 USD
CY2021Q1 us-gaap Off Balance Sheet Credit Loss Liability
OffBalanceSheetCreditLossLiability
3794000 USD
CY2021Q1 ari Allowance For Loan And Lease Losses Real Estate And Off Balance Sheet Credit Loss Liability
AllowanceForLoanAndLeaseLossesRealEstateAndOffBalanceSheetCreditLossLiability
40229000 USD
CY2021Q1 ari Allowance For Loan And Lease Losses Including Loan Specific Real Estate And Off Balance Sheet Credit Loss Liability
AllowanceForLoanAndLeaseLossesIncludingLoanSpecificRealEstateAndOffBalanceSheetCreditLossLiability
215229000 USD
CY2021Q1 ari Allowance For Loan And Lease Losses Real Estate And Off Balance Sheet Credit Loss Liability Percent Of Amortized Cost
AllowanceForLoanAndLeaseLossesRealEstateAndOffBalanceSheetCreditLossLiabilityPercentOfAmortizedCost
0.0062
CY2021Q1 ari Allowance For Loan And Lease Losses Including Loan Specific Real Estate And Off Balance Sheet Credit Loss Liability Percent Of Amortized Cost
AllowanceForLoanAndLeaseLossesIncludingLoanSpecificRealEstateAndOffBalanceSheetCreditLossLiabilityPercentOfAmortizedCost
0.0306
CY2019Q4 ari Financing Receivable Funded Allowancefor Credit Loss
FinancingReceivableFundedAllowanceforCreditLoss
0 USD
CY2019Q4 us-gaap Off Balance Sheet Credit Loss Liability
OffBalanceSheetCreditLossLiability
0 USD
CY2019Q4 ari Allowance For Loan And Lease Losses Real Estate And Off Balance Sheet Credit Loss Liability
AllowanceForLoanAndLeaseLossesRealEstateAndOffBalanceSheetCreditLossLiability
0 USD
CY2019Q4 ari Allowance For Loan And Lease Losses Including Loan Specific Real Estate And Off Balance Sheet Credit Loss Liability
AllowanceForLoanAndLeaseLossesIncludingLoanSpecificRealEstateAndOffBalanceSheetCreditLossLiability
56981000 USD
CY2019Q4 ari Allowance For Loan And Lease Losses Real Estate And Off Balance Sheet Credit Loss Liability Percent Of Amortized Cost
AllowanceForLoanAndLeaseLossesRealEstateAndOffBalanceSheetCreditLossLiabilityPercentOfAmortizedCost
0
CY2019Q4 ari Allowance For Loan And Lease Losses Including Loan Specific Real Estate And Off Balance Sheet Credit Loss Liability Percent Of Amortized Cost
AllowanceForLoanAndLeaseLossesIncludingLoanSpecificRealEstateAndOffBalanceSheetCreditLossLiabilityPercentOfAmortizedCost
0
CY2020Q1 ari Financing Receivable Funded Credit Loss Expense Reversal
FinancingReceivableFundedCreditLossExpenseReversal
30494000 USD
CY2020Q1 us-gaap Off Balance Sheet Credit Loss Liability Credit Loss Expense Reversal
OffBalanceSheetCreditLossLiabilityCreditLossExpenseReversal
2971000 USD
CY2020Q1 ari Allowance For Loan And Lease Losses Real Estate And Off Balance Sheet Credit Loss Expense Reversal
AllowanceForLoanAndLeaseLossesRealEstateAndOffBalanceSheetCreditLossExpenseReversal
33465000 USD
CY2020Q1 ari Allowance For Loan And Lease Losses Including Loan Specific Real Estate And Off Balance Sheet Credit Loss Expense Reversal
AllowanceForLoanAndLeaseLossesIncludingLoanSpecificRealEstateAndOffBalanceSheetCreditLossExpenseReversal
183465000 USD
CY2020Q1 ari Financing Receivable Funded Allowancefor Credit Loss
FinancingReceivableFundedAllowanceforCreditLoss
58273000 USD
CY2020Q1 us-gaap Off Balance Sheet Credit Loss Liability
OffBalanceSheetCreditLossLiability
6059000 USD
CY2020Q1 ari Allowance For Loan And Lease Losses Real Estate And Off Balance Sheet Credit Loss Liability
AllowanceForLoanAndLeaseLossesRealEstateAndOffBalanceSheetCreditLossLiability
64332000 USD
CY2020Q1 ari Allowance For Loan And Lease Losses Including Loan Specific Real Estate And Off Balance Sheet Credit Loss Liability
AllowanceForLoanAndLeaseLossesIncludingLoanSpecificRealEstateAndOffBalanceSheetCreditLossLiability
271313000 USD
CY2020Q1 ari Allowance For Loan And Lease Losses Real Estate And Off Balance Sheet Credit Loss Liability Percent Of Amortized Cost
AllowanceForLoanAndLeaseLossesRealEstateAndOffBalanceSheetCreditLossLiabilityPercentOfAmortizedCost
0.0108
CY2021Q1 ari Allowance For Loan And Lease Losses Real Estate And Off Balance Sheet Credit Loss Liability Period Increase Decrease Net Of Transfers
AllowanceForLoanAndLeaseLossesRealEstateAndOffBalanceSheetCreditLossLiabilityPeriodIncreaseDecreaseNetOfTransfers
-1200000 USD
CY2021Q1 us-gaap Paid In Kind Interest
PaidInKindInterest
16800000 USD
CY2020Q1 us-gaap Paid In Kind Interest
PaidInKindInterest
12400000 USD
CY2020Q1 ari Proceeds From Prepayment Penalties
ProceedsFromPrepaymentPenalties
200000 USD
CY2021Q1 ari Real Estate Held For Sale Impairment
RealEstateHeldForSaleImpairment
600000 USD
CY2021Q1 us-gaap Real Estate Heldforsale
RealEstateHeldforsale
42905000 USD
CY2020Q4 us-gaap Real Estate Heldforsale
RealEstateHeldforsale
42905000 USD
CY2021Q1 ari Real Estate Held For Sale Impairment
RealEstateHeldForSaleImpairment
550000 USD
CY2020Q4 ari Real Estate Held For Sale Impairment
RealEstateHeldForSaleImpairment
0 USD
CY2021Q1 ari Real Estate Held For Sale Net Of Impairment
RealEstateHeldForSaleNetOfImpairment
42355000 USD
CY2020Q4 ari Real Estate Held For Sale Net Of Impairment
RealEstateHeldForSaleNetOfImpairment
42905000 USD
CY2021Q1 ari Debt Related To Real Estate Owned Held For Sale
DebtRelatedToRealEstateOwnedHeldForSale
33000000 USD
CY2020Q4 ari Debt Related To Real Estate Owned Held For Sale
DebtRelatedToRealEstateOwnedHeldForSale
33000000 USD
CY2021Q1 ari Real Estate Held For Sale Net Of Debt Related To Real Estate Owned
RealEstateHeldForSaleNetOfDebtRelatedToRealEstateOwned
9355000 USD
CY2020Q4 ari Real Estate Held For Sale Net Of Debt Related To Real Estate Owned
RealEstateHeldForSaleNetOfDebtRelatedToRealEstateOwned
9905000 USD
CY2021Q1 us-gaap Interest Receivable
InterestReceivable
37646000 USD
CY2020Q4 us-gaap Interest Receivable
InterestReceivable
40559000 USD
CY2021Q1 us-gaap Securities Received As Collateral
SecuritiesReceivedAsCollateral
27890000 USD
CY2020Q4 us-gaap Securities Received As Collateral
SecuritiesReceivedAsCollateral
28320000 USD
CY2021Q1 ari Proceeds From Sale Of Loans Held For Sale Reclassified Into Other Assets
ProceedsFromSaleOfLoansHeldForSaleReclassifiedIntoOtherAssets
1750000 USD
CY2020Q4 ari Proceeds From Sale Of Loans Held For Sale Reclassified Into Other Assets
ProceedsFromSaleOfLoansHeldForSaleReclassifiedIntoOtherAssets
5649000 USD
CY2021Q1 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
1596000 USD
CY2020Q4 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
112000 USD
CY2021Q1 us-gaap Other Assets
OtherAssets
68882000 USD
CY2021Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2020Q4 us-gaap Other Assets
OtherAssets
74640000 USD
CY2021Q1 ari Debt Instrument Recourse Debt Percent
DebtInstrumentRecourseDebtPercent
0.53
CY2020Q4 ari Debt Instrument Recourse Debt Percent
DebtInstrumentRecourseDebtPercent
0.55
CY2021Q1 ari Debt Instrument Weighted Average Haircut Under Repurchase Agreements
DebtInstrumentWeightedAverageHaircutUnderRepurchaseAgreements
0.355
CY2020Q4 ari Debt Instrument Weighted Average Haircut Under Repurchase Agreements
DebtInstrumentWeightedAverageHaircutUnderRepurchaseAgreements
0.363
CY2021Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
791250000 USD
CY2021Q1 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
4780000 USD
CY2021Q1 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
10496000 USD
CY2021Q1 us-gaap Long Term Debt
LongTermDebt
775974000 USD
CY2021Q1 us-gaap Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
357000 USD
CY2020Q1 us-gaap Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
-35548000 USD
CY2021Q1 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
25994000 USD
CY2021Q1 us-gaap Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
5612000 USD
CY2021Q1 us-gaap Derivative Fair Value Of Derivative Liability Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral
20382000 USD
CY2021Q1 ari Dividends Payable Including Preferred Stock Dividends
DividendsPayableIncludingPreferredStockDividends
52615000 USD
CY2020Q4 ari Dividends Payable Including Preferred Stock Dividends
DividendsPayableIncludingPreferredStockDividends
52768000 USD
CY2020Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
32172000 USD
CY2020Q4 us-gaap Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
931000 USD
CY2020Q4 us-gaap Derivative Fair Value Of Derivative Liability Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral
31241000 USD
CY2021Q1 us-gaap Participating Mortgage Loans Participation Liabilities Amount
ParticipatingMortgageLoansParticipationLiabilitiesAmount
50709000 USD
CY2020Q4 us-gaap Participating Mortgage Loans Participation Liabilities Amount
ParticipatingMortgageLoansParticipationLiabilitiesAmount
34974000 USD
CY2021Q1 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
13503000 USD
CY2020Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
13979000 USD
CY2021Q1 us-gaap Accounts Payable And Other Accrued Liabilities
AccountsPayableAndOtherAccruedLiabilities
4987000 USD
CY2020Q4 us-gaap Accounts Payable And Other Accrued Liabilities
AccountsPayableAndOtherAccruedLiabilities
4775000 USD
CY2021Q1 us-gaap Off Balance Sheet Credit Loss Liability
OffBalanceSheetCreditLossLiability
3794000 USD
CY2020Q4 us-gaap Off Balance Sheet Credit Loss Liability
OffBalanceSheetCreditLossLiability
3365000 USD
CY2021Q1 ari Accounts Payable Accrued Liabilitiesand Other Liabilities
AccountsPayableAccruedLiabilitiesandOtherLiabilities
74899000 USD
CY2020Q4 ari Accounts Payable Accrued Liabilitiesand Other Liabilities
AccountsPayableAccruedLiabilitiesandOtherLiabilities
74887000 USD
CY2021Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
4400000 USD
CY2020Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
4300000 USD
CY2021Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
450000000 shares
CY2021Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2021Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2021Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
139848875 shares
CY2021Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
139848875 shares
CY2021Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
6770393 shares
CY2021Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
6770393 shares
CY2021Q1 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
172200000 USD
CY2021Q1 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
0 shares
CY2020Q1 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
300000 shares
CY2021Q1 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
0
CY2020Q1 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
8.11
CY2021Q1 ari Loss Contingency Damages Sought Loss On Investment Value
LossContingencyDamagesSoughtLossOnInvestmentValue
70000000.0 USD
CY2021Q1 us-gaap Loss Contingency Damages Sought Value
LossContingencyDamagesSoughtValue
700000000.0 USD
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
58335000 USD
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
-127842000 USD
CY2021Q1 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
3385000 USD
CY2020Q1 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
3385000 USD
CY2021Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
54950000 USD
CY2020Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-131227000 USD
CY2021Q1 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
847000 USD
CY2020Q1 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
802000 USD
CY2021Q1 ari Net Income Loss Attributableto Parent Basic
NetIncomeLossAttributabletoParentBasic
54103000 USD
CY2020Q1 ari Net Income Loss Attributableto Parent Basic
NetIncomeLossAttributabletoParentBasic
-132029000 USD
CY2021Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
54103000 USD
CY2020Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-132029000 USD
CY2021Q1 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
-847000 USD
CY2020Q1 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
0 USD
CY2021Q1 us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
8245000 USD
CY2020Q1 us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
0 USD
CY2021Q1 us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
63195000 USD
CY2020Q1 us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
-132029000 USD
CY2021Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
139805863 shares
CY2020Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
153948191 shares
CY2021Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
170792684 shares
CY2020Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
153948191 shares
CY2021Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.39
CY2020Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.86
CY2021Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.37
CY2020Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.86
CY2021Q1 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
28533271 shares

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