2014 Q4 Form 10-Q Financial Statement

#000156252814000014 Filed on November 14, 2014

View on sec.gov

Income Statement

Concept 2014 Q4 2014 Q3 2013 Q3
Revenue $3.847M $167.0K
YoY Change 2203.59%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $2.863M $140.0K
YoY Change 1945.0%
Operating Profit
YoY Change
Interest Expense $711.0K $8.000K
YoY Change 8787.5%
% of Operating Profit
Other Income/Expense, Net $55.00K $55.00K
YoY Change 0.0%
Pretax Income $984.0K $27.00K
YoY Change 3544.44%
Income Tax $33.00K $0.00
% Of Pretax Income 3.35% 0.0%
Net Earnings $951.0K $27.00K
YoY Change 3422.22%
Net Earnings / Revenue 24.72% 16.17%
Basic Earnings Per Share $0.11 $0.09
Diluted Earnings Per Share $0.11 $0.09
COMMON SHARES
Basic Shares Outstanding 13.23M shares 8.792M shares 308.1K shares
Diluted Shares Outstanding 8.800M shares 312.1K shares

Balance Sheet

Concept 2014 Q4 2014 Q3 2013 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $386.0K $148.0K $161.0K
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $514.2M $358.4M $18.65M
YoY Change 1313.86% 1822.01%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities
Total Long-Term Liabilities
Total Liabilities $183.7M $114.7M $8.400M
YoY Change 1674.66% 1265.07%
SHAREHOLDERS EQUITY
Retained Earnings -$10.22M -$6.005M -$318.3K
YoY Change 1588.6% 1786.87%
Common Stock $155.0K $113.0K $5.914K
YoY Change 1092.31% 1810.72%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $330.5M $243.8M $10.25M
YoY Change
Total Liabilities & Shareholders Equity $514.2M $358.4M $18.65M
YoY Change 1313.86% 1822.01%

Cashflow Statement

Concept 2014 Q4 2014 Q3 2013 Q3
OPERATING ACTIVITIES
Net Income $951.0K $27.00K
YoY Change 3422.22%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities
YoY Change
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities
YoY Change
NET CHANGE
Cash From Operating Activities
Cash From Investing Activities
Cash From Financing Activities
Net Change In Cash
YoY Change
FREE CASH FLOW
Cash From Operating Activities
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2014Q3 arct Available For Sale Securities Gross Unrealized Gains Loss Accumulated In Investments
AvailableForSaleSecuritiesGrossUnrealizedGainsLossAccumulatedInInvestments
-14000 USD
arct Board Expenses
BoardExpenses
2894000 USD
arct Board Expenses
BoardExpenses
0 USD
CY2013Q3 arct Board Expenses
BoardExpenses
0 USD
CY2014Q3 arct Board Expenses
BoardExpenses
1772000 USD
arct Capitalized Acquisition Expenses
CapitalizedAcquisitionExpenses
1400000 USD
CY2013Q2 arct Common Stock Dividends Per Share Per Day Declared
CommonStockDividendsPerSharePerDayDeclared
0.00565068493
arct Common Stock Issued Dividend Reinvestment Investment Plan
CommonStockIssuedDividendReinvestmentInvestmentPlan
2385000 USD
arct Common Stock Issued Dividend Reinvestment Investment Plan
CommonStockIssuedDividendReinvestmentInvestmentPlan
44000 USD
arct Distribution Percentage Requiredto Avoid Paying Federal Income Taxes
DistributionPercentageRequiredtoAvoidPayingFederalIncomeTaxes
1
arct Intentional Maximum Sale Of Stock
IntentionalMaximumSaleOfStock
2000000000 USD
CY2014Q3 arct Loanand Lease Investments
LoanandLeaseInvestments
313400000 USD
CY2014Q3 arct Loans Receivable Current Face Amount
LoansReceivableCurrentFaceAmount
317233000 USD
CY2014Q3 arct Loans Receivable Discount
LoansReceivableDiscount
3701000 USD
CY2013Q4 arct Loans Receivable Gross Credit Loans
LoansReceivableGrossCreditLoans
30832000 USD
CY2014Q3 arct Loans Receivable Gross Credit Loans
LoansReceivableGrossCreditLoans
171904000 USD
CY2014Q3 arct Loans Receivable Original Face Amount
LoansReceivableOriginalFaceAmount
317384000 USD
arct Loanson Reserve
LoansonReserve
0 USD
arct Maximum Percentage Of Shares Authorized To Repurchase During Year
MaximumPercentageOfSharesAuthorizedToRepurchaseDuringYear
0.05
arct Minimum Distribution Percentageto Qualifyfor Reit Taxation Status
MinimumDistributionPercentagetoQualifyforREITTaxationStatus
0.9
arct Noncashor Part Non Cash Reclassificationof Deferred Offering Coststo Additional Paidin Capital
NoncashorPartNonCashReclassificationofDeferredOfferingCoststoAdditionalPaidinCapital
941000 USD
arct Noncashor Part Non Cash Reclassificationof Deferred Offering Coststo Additional Paidin Capital
NoncashorPartNonCashReclassificationofDeferredOfferingCoststoAdditionalPaidinCapital
0 USD
CY2014Q3 arct Numberof Impaired Loan Receivables
NumberofImpairedLoanReceivables
0 loan
arct Numberof Loans Invested During Period
NumberofLoansInvestedDuringPeriod
22 loan
arct Numberof Mezzanine Loans Funded
NumberofMezzanineLoansFunded
28 loan
arct Proceeds Receivablefrom Share Sales
ProceedsReceivablefromShareSales
0 USD
arct Proceeds Receivablefrom Share Sales
ProceedsReceivablefromShareSales
2283000 USD
arct Proceedsfrom Securities Purchasedunder Agreementsto Resell Loans Receivable
ProceedsfromSecuritiesPurchasedunderAgreementstoResellLoansReceivable
0 USD
arct Organizationaland Offering Costs Maximum Excluding Commissionsand Dealer Manager Fees
OrganizationalandOfferingCostsMaximumExcludingCommissionsandDealerManagerFees
0.02
CY2014Q2 arct Paymentsof Capital Distribution Including Pursuantof Dividend Reinvestment Plan
PaymentsofCapitalDistributionIncludingPursuantofDividendReinvestmentPlan
163000 USD
CY2014Q1 arct Paymentsof Capital Distribution Including Pursuantof Dividend Reinvestment Plan
PaymentsofCapitalDistributionIncludingPursuantofDividendReinvestmentPlan
106000 USD
CY2014Q3 arct Paymentsof Capital Distribution Including Pursuantof Dividend Reinvestment Plan
PaymentsofCapitalDistributionIncludingPursuantofDividendReinvestmentPlan
628000 USD
CY2014Q2 arct Paymentsof Capital Distribution Including Pursuantof Dividend Reinvestment Plan
PaymentsofCapitalDistributionIncludingPursuantofDividendReinvestmentPlan
282000 USD
arct Paymentsof Capital Distribution Including Pursuantof Dividend Reinvestment Plan
PaymentsofCapitalDistributionIncludingPursuantofDividendReinvestmentPlan
2385000 USD
CY2014Q1 arct Paymentsof Capital Distribution Including Pursuantof Dividend Reinvestment Plan
PaymentsofCapitalDistributionIncludingPursuantofDividendReinvestmentPlan
85000 USD
CY2014Q3 arct Paymentsof Capital Distribution Including Pursuantof Dividend Reinvestment Plan
PaymentsofCapitalDistributionIncludingPursuantofDividendReinvestmentPlan
356000 USD
CY2014Q3 arct Paymentsof Capital Distribution Including Pursuantof Dividend Reinvestment Plan
PaymentsofCapitalDistributionIncludingPursuantofDividendReinvestmentPlan
485000 USD
CY2014Q1 arct Paymentsof Capital Distribution Including Pursuantof Dividend Reinvestment Plan
PaymentsofCapitalDistributionIncludingPursuantofDividendReinvestmentPlan
74000 USD
CY2014Q2 arct Paymentsof Capital Distribution Including Pursuantof Dividend Reinvestment Plan
PaymentsofCapitalDistributionIncludingPursuantofDividendReinvestmentPlan
206000 USD
CY2014Q2 arct Paymentsof Capital Distributions Excluding Paymentson Unvested Restricted Shares
PaymentsofCapitalDistributionsExcludingPaymentsonUnvestedRestrictedShares
304000 USD
CY2014Q1 arct Paymentsof Capital Distributions Excluding Paymentson Unvested Restricted Shares
PaymentsofCapitalDistributionsExcludingPaymentsonUnvestedRestrictedShares
171000 USD
CY2014Q1 arct Paymentsof Capital Distributions Excluding Paymentson Unvested Restricted Shares
PaymentsofCapitalDistributionsExcludingPaymentsonUnvestedRestrictedShares
140000 USD
CY2014Q2 arct Paymentsof Capital Distributions Excluding Paymentson Unvested Restricted Shares
PaymentsofCapitalDistributionsExcludingPaymentsonUnvestedRestrictedShares
451000 USD
CY2014Q3 arct Paymentsof Capital Distributions Excluding Paymentson Unvested Restricted Shares
PaymentsofCapitalDistributionsExcludingPaymentsonUnvestedRestrictedShares
570000 USD
CY2014Q3 arct Paymentsof Capital Distributions Excluding Paymentson Unvested Restricted Shares
PaymentsofCapitalDistributionsExcludingPaymentsonUnvestedRestrictedShares
758000 USD
arct Paymentsof Capital Distributions Excluding Paymentson Unvested Restricted Shares
PaymentsofCapitalDistributionsExcludingPaymentsonUnvestedRestrictedShares
3909000 USD
CY2014Q1 arct Paymentsof Capital Distributions Excluding Paymentson Unvested Restricted Shares
PaymentsofCapitalDistributionsExcludingPaymentsonUnvestedRestrictedShares
212000 USD
CY2014Q2 arct Paymentsof Capital Distributions Excluding Paymentson Unvested Restricted Shares
PaymentsofCapitalDistributionsExcludingPaymentsonUnvestedRestrictedShares
353000 USD
CY2014Q3 arct Paymentsof Capital Distributions Excluding Paymentson Unvested Restricted Shares
PaymentsofCapitalDistributionsExcludingPaymentsonUnvestedRestrictedShares
950000 USD
arct Proceedsfrom Securities Purchasedunder Agreementsto Resell Loans Receivable
ProceedsfromSecuritiesPurchasedunderAgreementstoResellLoansReceivable
87292000 USD
CY2014Q3 arct Securities Soldunder Agreementsto Repurchase Amount Not Offset Against Collateral
SecuritiesSoldunderAgreementstoRepurchaseAmountNotOffsetAgainstCollateral
-64440000 USD
CY2014Q3 arct Securities Soldunder Agreementsto Repurchase Gross Amount Recognized
SecuritiesSoldunderAgreementstoRepurchaseGrossAmountRecognized
175294000 USD
CY2014Q3 arct Securities Soldunder Agreementsto Repurchase Loans Receivable
SecuritiesSoldunderAgreementstoRepurchaseLoansReceivable
87292000 USD
CY2013Q4 arct Securities Soldunder Agreementsto Repurchase Loans Receivable
SecuritiesSoldunderAgreementstoRepurchaseLoansReceivable
0 USD
CY2013Q4 arct Securities Soldunder Agreementsto Repurchase Mortgage Backed Securities
SecuritiesSoldunderAgreementstoRepurchaseMortgageBackedSecurities
0 USD
CY2014Q3 arct Securities Soldunder Agreementsto Repurchase Mortgage Backed Securities
SecuritiesSoldunderAgreementstoRepurchaseMortgageBackedSecurities
23562000 USD
CY2014Q3 arct Senior Loans Receivable
SeniorLoansReceivable
126199000 USD
CY2013Q4 arct Senior Loans Receivable
SeniorLoansReceivable
0 USD
arct Short Term Trading Fee Percentage
ShortTermTradingFeePercentage
0.02
CY2014Q3 arct Subordinated Loans
SubordinatedLoans
15429000 USD
CY2013Q4 arct Subordinated Loans
SubordinatedLoans
0 USD
arct Weighted Average Risk Ratingof Loans
WeightedAverageRiskRatingofLoans
2.0 rating
CY2013Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
1738000 USD
CY2014Q3 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
2620000 USD
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
58000 USD
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
229000 USD
CY2013Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-10000 USD
CY2014Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-14000 USD
CY2013Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
26620000 USD
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
136000 USD
CY2014Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
249686000 USD
us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
25500000 USD
CY2014Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
0 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
876 USD
us-gaap Allowance For Loan And Lease Loss Recovery Of Bad Debts
AllowanceForLoanAndLeaseLossRecoveryOfBadDebts
0 USD
us-gaap Allowance For Loan And Lease Losses Write Offs
AllowanceForLoanAndLeaseLossesWriteOffs
0 USD
us-gaap Amortization Of Deferred Loan Origination Fees Net
AmortizationOfDeferredLoanOriginationFeesNet
0 USD
us-gaap Amortization Of Deferred Loan Origination Fees Net
AmortizationOfDeferredLoanOriginationFeesNet
53000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
0 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
170000 USD
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
229000 USD
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
8088 shares
us-gaap Antidilutive Securities Excluded From Computation Of Net Income Per Outstanding Unit Amount
AntidilutiveSecuritiesExcludedFromComputationOfNetIncomePerOutstandingUnitAmount
0.000410
CY2013Q3 us-gaap Asset Management Costs
AssetManagementCosts
0 USD
us-gaap Asset Management Costs
AssetManagementCosts
0 USD
CY2014Q3 us-gaap Asset Management Costs
AssetManagementCosts
414000 USD
us-gaap Asset Management Costs
AssetManagementCosts
414000 USD
CY2013Q4 us-gaap Assets
Assets
36370000 USD
CY2014Q3 us-gaap Assets
Assets
358442000 USD
CY2013Q4 us-gaap Available For Sale Securities
AvailableForSaleSecurities
5005000 USD
CY2014Q3 us-gaap Available For Sale Securities
AvailableForSaleSecurities
38571000 USD
CY2014Q3 us-gaap Available For Sale Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
37000 USD
CY2014Q3 us-gaap Available For Sale Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
51000 USD
CY2014Q3 us-gaap Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
38585000 USD
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
179000 USD
CY2013Q3 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
54000 USD
CY2014Q3 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
59000 USD
CY2014Q3 us-gaap Capitalized Costs Asset Retirement Costs
CapitalizedCostsAssetRetirementCosts
900000 USD
CY2014Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
148000 USD
CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
178000 USD
CY2012Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1000 USD
CY2013Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
161000 USD
us-gaap Cash Period Increase Decrease
CashPeriodIncreaseDecrease
160000 USD
us-gaap Cash Period Increase Decrease
CashPeriodIncreaseDecrease
-30000 USD
CY2013Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2014Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2014Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
300000000 shares
CY2013Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
300000000 shares
CY2013Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
1330669 shares
CY2014Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
11334796 shares
CY2013Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
1330669 shares
CY2014Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
11334796 shares
CY2014Q3 us-gaap Common Stock Value
CommonStockValue
113000 USD
CY2013Q4 us-gaap Common Stock Value
CommonStockValue
13000 USD
CY2014Q3 us-gaap Common Stock Value Outstanding
CommonStockValueOutstanding
283200000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-118000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
1757000 USD
CY2013Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
27000 USD
CY2014Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
927000 USD
us-gaap Dividends
Dividends
7161000 USD
CY2013Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
216000 USD
CY2014Q3 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
1078000 USD
CY2014Q3 us-gaap Due To Affiliate Current And Noncurrent
DueToAffiliateCurrentAndNoncurrent
0 USD
CY2013Q4 us-gaap Due To Affiliate Current And Noncurrent
DueToAffiliateCurrentAndNoncurrent
1078000 USD
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.50
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.35
CY2013Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.09
CY2014Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.11
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.35
CY2014Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.11
CY2013Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.09
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.50
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-4000 USD
us-gaap Escrow Deposit Disbursements Related To Property Acquisition1
EscrowDepositDisbursementsRelatedToPropertyAcquisition1
83000 USD
us-gaap Escrow Deposit Disbursements Related To Property Acquisition1
EscrowDepositDisbursementsRelatedToPropertyAcquisition1
1078000 USD
us-gaap Escrow Deposits Related To Property Sales
EscrowDepositsRelatedToPropertySales
220000 USD
us-gaap Escrow Deposits Related To Property Sales
EscrowDepositsRelatedToPropertySales
50000 USD
us-gaap General Insurance Expense
GeneralInsuranceExpense
360000 USD
CY2014Q3 us-gaap General Insurance Expense
GeneralInsuranceExpense
18000 USD
us-gaap General Insurance Expense
GeneralInsuranceExpense
51000 USD
CY2013Q3 us-gaap General Insurance Expense
GeneralInsuranceExpense
3000 USD
CY2013Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
27000 USD
CY2014Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
984000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1835000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-118000 USD
CY2014Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
33000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 USD
CY2013Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
74000 USD
CY2013Q4 us-gaap Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
5005000 USD
CY2014Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
358442000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
7000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
95000 USD
us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
1686000 USD
us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
62000 USD
us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
877000 USD
us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
726000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
287000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
97000 USD
us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
7514000 USD
CY2013Q3 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
175000 USD
us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
242000 USD
CY2014Q3 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
4558000 USD
us-gaap Interest Expense
InterestExpense
17000 USD
CY2014Q3 us-gaap Interest Expense
InterestExpense
711000 USD
CY2013Q3 us-gaap Interest Expense
InterestExpense
8000 USD
us-gaap Interest Expense
InterestExpense
803000 USD
us-gaap Interest Paid
InterestPaid
0 USD
us-gaap Interest Paid
InterestPaid
537000 USD
CY2014Q3 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
110000 USD
CY2013Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
15000 USD
CY2013Q4 us-gaap Interest Receivable
InterestReceivable
126000 USD
CY2014Q3 us-gaap Interest Receivable
InterestReceivable
1865000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
7285000 USD
CY2014Q3 us-gaap Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
38571000 USD
CY2014Q3 us-gaap Liabilities
Liabilities
114662000 USD
CY2013Q4 us-gaap Liabilities
Liabilities
10352000 USD
CY2013Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
36370000 USD
CY2014Q3 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
302000 USD
CY2013Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
0 USD
CY2014Q3 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
313532000 USD
CY2013Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
30832000 USD
CY2014Q3 us-gaap Loans Receivable Net
LoansReceivableNet
313230000 USD
CY2013Q4 us-gaap Loans Receivable Net
LoansReceivableNet
30832000 USD
CY2013Q4 us-gaap Long Term Debt
LongTermDebt
7305000 USD
CY2014Q3 us-gaap Long Term Debt
LongTermDebt
0 USD
us-gaap Mortgage Loans On Real Estate Amortization Of Premium
MortgageLoansOnRealEstateAmortizationOfPremium
240000 USD
us-gaap Mortgage Loans On Real Estate Collections Of Principal
MortgageLoansOnRealEstateCollectionsOfPrincipal
103000 USD
CY2014Q3 us-gaap Mortgage Loans On Real Estate Commercial And Consumer Net
MortgageLoansOnRealEstateCommercialAndConsumerNet
313230000 USD
CY2013Q4 us-gaap Mortgage Loans On Real Estate Commercial And Consumer Net
MortgageLoansOnRealEstateCommercialAndConsumerNet
30832000 USD
us-gaap Mortgage Loans On Real Estate New Mortgage Loans
MortgageLoansOnRealEstateNewMortgageLoans
282563000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
18022000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
314851000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-316041000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-18081000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1160000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
219000 USD
us-gaap Net Income Loss
NetIncomeLoss
-118000 USD
CY2013Q3 us-gaap Net Income Loss
NetIncomeLoss
27000 USD
us-gaap Net Income Loss
NetIncomeLoss
1761000 USD
CY2014Q3 us-gaap Net Income Loss
NetIncomeLoss
951000 USD
CY2014Q3 us-gaap Operating Expenses
OperatingExpenses
2863000 USD
CY2013Q3 us-gaap Operating Expenses
OperatingExpenses
140000 USD
us-gaap Operating Expenses
OperatingExpenses
343000 USD
us-gaap Operating Expenses
OperatingExpenses
4876000 USD
CY2014Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-24000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
0 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-4000 USD
CY2013Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
0 USD
CY2013Q3 us-gaap Other Expenses
OtherExpenses
55000 USD
us-gaap Other Expenses
OtherExpenses
165000 USD
us-gaap Other Expenses
OtherExpenses
110000 USD
CY2014Q3 us-gaap Other Expenses
OtherExpenses
55000 USD
us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
-103000 USD
us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
-26000 USD
us-gaap Payments For Securities Purchased Under Agreements To Resell
PaymentsForSecuritiesPurchasedUnderAgreementsToResell
0 USD
us-gaap Payments For Securities Purchased Under Agreements To Resell
PaymentsForSecuritiesPurchasedUnderAgreementsToResell
10000 USD
us-gaap Payments Of Capital Distribution
PaymentsOfCapitalDistribution
1078000 USD
us-gaap Payments Of Capital Distribution
PaymentsOfCapitalDistribution
-947000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
3909000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
57000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
0 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
2189000 USD
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
25500000 USD
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
2725000 USD
us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
0 USD
us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
33581000 USD
us-gaap Payments To Acquire Loans And Leases Held For Investment
PaymentsToAcquireLoansAndLeasesHeldForInvestment
282563000 USD
us-gaap Payments To Acquire Loans And Leases Held For Investment
PaymentsToAcquireLoansAndLeasesHeldForInvestment
18107000 USD
CY2014Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2013Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2013Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2014Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2014Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2013Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2013Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2014Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2014Q3 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2013Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2013Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
229000 USD
CY2014Q3 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
4628000 USD
us-gaap Proceeds From Debt Net Of Issuance Costs
ProceedsFromDebtNetOfIssuanceCosts
5550000 USD
us-gaap Proceeds From Debt Net Of Issuance Costs
ProceedsFromDebtNetOfIssuanceCosts
9190000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
246261000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
14017000 USD
CY2013Q2 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
2000000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
281278000 USD
us-gaap Proceeds From Issuance Of Common Stock Dividend Reinvestment Plan
ProceedsFromIssuanceOfCommonStockDividendReinvestmentPlan
278600000 USD
us-gaap Proceeds From Securities Purchased Under Agreements To Resell
ProceedsFromSecuritiesPurchasedUnderAgreementsToResell
0 USD
us-gaap Proceeds From Securities Purchased Under Agreements To Resell
ProceedsFromSecuritiesPurchasedUnderAgreementsToResell
23572000 USD
CY2013Q3 us-gaap Professional Fees
ProfessionalFees
28000 USD
CY2014Q3 us-gaap Professional Fees
ProfessionalFees
371000 USD
us-gaap Professional Fees
ProfessionalFees
46000 USD
us-gaap Professional Fees
ProfessionalFees
562000 USD
CY2013Q3 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
0 USD
CY2014Q3 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
174000 USD
us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
0 USD
us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
302000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
12855000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
3350000 USD
CY2014Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-6005000 USD
CY2013Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-605000 USD
CY2014Q3 us-gaap Revenues
Revenues
3847000 USD
us-gaap Revenues
Revenues
6711000 USD
us-gaap Revenues
Revenues
225000 USD
CY2013Q3 us-gaap Revenues
Revenues
167000 USD
CY2014Q3 us-gaap Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
110854000 USD
CY2014Q3 us-gaap Securities Sold Under Agreements To Repurchase Amount Offset Against Collateral
SecuritiesSoldUnderAgreementsToRepurchaseAmountOffsetAgainstCollateral
-64440000 USD
CY2014Q3 us-gaap Securities Sold Under Agreements To Repurchase Asset
SecuritiesSoldUnderAgreementsToRepurchaseAsset
0 USD
CY2014Q3 us-gaap Securities Sold Under Agreements To Repurchase Collateral Right To Reclaim Cash
SecuritiesSoldUnderAgreementsToRepurchaseCollateralRightToReclaimCash
0 USD
CY2014Q3 us-gaap Securities Sold Under Agreements To Repurchase Collateral Right To Reclaim Securities
SecuritiesSoldUnderAgreementsToRepurchaseCollateralRightToReclaimSecurities
0 USD
us-gaap Share Based Compensation
ShareBasedCompensation
11000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
20000 USD
CY2014Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
10567346 shares
CY2014Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
5363713 shares
CY2014Q1 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
1458470 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
237444 shares
CY2013Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
308116 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
5047827 shares
CY2014Q3 us-gaap Share Price
SharePrice
25
CY2013Q2 us-gaap Share Price
SharePrice
25.00
us-gaap Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
108377 shares
CY2014Q3 us-gaap Stock Issued During Period Shares Issued For Services
StockIssuedDuringPeriodSharesIssuedForServices
0 shares
us-gaap Stock Issued During Period Shares Issued For Services
StockIssuedDuringPeriodSharesIssuedForServices
39 shares
us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
2385000 USD
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
246261000 USD
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
20000 USD
CY2014Q3 us-gaap Stockholders Equity
StockholdersEquity
243780000 USD
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
26018000 USD
CY2014Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
243780000 USD
CY2013Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
26018000 USD
us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:6px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Use of Estimates </font></div><div style="line-height:120%;padding-top:6px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Management makes significant estimates regarding classification of investments, fair value measurements, credit losses and impairments of investments, and derivative financial instruments and hedging activities, as applicable.</font></div></div>
CY2014Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
8799886 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
237444 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
5053763 shares
CY2013Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
312115 shares
CY2014Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
4121621 shares
CY2014Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
8917018 shares
CY2014Q1 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
1973014 shares
CY2014Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
6948298 shares
CY2014Q1 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
2693391 shares
CY2014Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
3273194 shares
CY2014Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
8791796 shares
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
2014
dei Document Period End Date
DocumentPeriodEndDate
2014-09-30
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0001562528
CY2014Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
13225951 shares
dei Entity Filer Category
EntityFilerCategory
Smaller Reporting Company
dei Entity Registrant Name
EntityRegistrantName
ARC Realty Finance Trust, Inc.

Files In Submission

Name View Source Status
R10.htm Edgar Link pending
0001562528-14-000014-index-headers.html Edgar Link pending
0001562528-14-000014-index.html Edgar Link pending
0001562528-14-000014.txt Edgar Link pending
0001562528-14-000014-xbrl.zip Edgar Link pending
arcrft-2014q3x10q.htm Edgar Link pending
arcrft-2014_chartx09011.jpg Edgar Link pending
arcrft-2014_chartx10384.jpg Edgar Link pending
arcrft-exhibit311x2014q3.htm Edgar Link pending
arcrft-exhibit312x2014q3.htm Edgar Link pending
arcrft-exhibit32x2014q3.htm Edgar Link pending
arct-20140930.xml Edgar Link completed
arct-20140930.xsd Edgar Link pending
arct-20140930_cal.xml Edgar Link unprocessable
arct-20140930_def.xml Edgar Link unprocessable
arct-20140930_lab.xml Edgar Link unprocessable
arct-20140930_pre.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
Financial_Report.xlsx Edgar Link pending
R1.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
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
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
regions930a03.jpg Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
usamapregionsrftnov3v1a01.jpg Edgar Link pending