XML 73 R62.htm IDEA: XBRL DOCUMENT
v3.20.2

Debt Obligations, Collateralized Loan Obligations (Details) $ in Thousands | 1 Months Ended | 6 Months Ended |
--- | --- | --- | ---
Mar. 31, 2020 USD ($) tranche | Jun. 30, 2019 | Jun. 30, 2020 USD ($) | Jun. 30, 2019 USD ($) | Dec. 31, 2019 USD ($)
Debt Obligations |  |  |  |  |
Proceeds from issuance of collateralized loan obligations |  |  | $ 668,000 | $ 533,000 |
Debt, Carrying Value |  |  | $ 2,514,524 |  | $ 2,130,121
Weighted average note rate (as a percent) |  |  | 2.49% |  | 3.54%
Payoffs and paydowns of collateralized loan obligations |  |  | $ 282,874 | $ 250,250 |
CLOs |  |  |  |  |
Debt Obligations |  |  |  |  |
Debt, Face Value |  |  | 2,532,593 |  | $ 2,147,467
Debt, Carrying Value |  |  | $ 2,514,524 |  | $ 2,130,121
Weighted average note rate (as a percent) |  |  | 1.62% |  | 3.23%
Restricted cash related to interest payments, delayed fundings and expenses |  |  | $ 71,100 |  | $ 58,600
Collateral Loans, Unpaid Principal |  |  | 3,026,126 |  | 2,497,578
Collateral Loans, Carrying Value |  |  | 3,014,756 |  | 2,487,391
Cash, Restricted Cash |  |  | 18,937 |  | 118,411
Deferred financing fees |  |  | $ 18,100 |  | $ 17,300
Weighted average note rate including certain fees and costs (as a percent) |  |  | 1.97% |  | 3.63%
Collateral at risk |  |  | $ 46,500 |  | $ 0
CLO XIII |  |  |  |  |
Debt Obligations |  |  |  |  |
Number of tranches of CLO notes issued | tranche | 8 |  |  |  |
Value of the tranches issued | $ 738,000 |  |  |  |
Debt, Face Value |  |  | 668,000 |  |
Debt, Carrying Value |  |  | $ 663,209 |  |
Weighted average note rate (as a percent) |  |  | 1.60% |  |
Collateral Loans, Unpaid Principal |  |  | $ 760,567 |  |
Collateral Loans, Carrying Value |  |  | 756,806 |  |
Proceeds from issuance of collateralized loan obligations for acquiring additional loan obligations | 159,500 |  |  |  |
Notional amount of residual interest retained | 132,000 |  |  |  |
Value of portfolio loans as collateral | 640,500 |  |  |  |
Face value of loan obligations will be owned by the issuer | $ 800,000 |  |  |  |
Leverage (as a percent) | 84.00% |  |  |  |
CLO XIII | One-month LIBOR |  |  |  |  |
Debt Obligations |  |  |  |  |
Weighted average note rate including certain fees and costs (as a percent) | 1.41% |  |  |  |
CLO XIII | Investment grade |  |  |  |  |
Debt Obligations |  |  |  |  |
Debt, Face Value | $ 668,000 |  |  |  |
CLO XIII | Below investment grade |  |  |  |  |
Debt Obligations |  |  |  |  |
Debt, Carrying Value | 70,000 |  |  |  |
Notional amount of residual interest retained | 70,000 |  |  |  |
CLO XII |  |  |  |  |
Debt Obligations |  |  |  |  |
Debt, Face Value |  |  | 534,193 |  | 534,193
Debt, Carrying Value |  |  | $ 530,052 |  | $ 529,448
Weighted average note rate (as a percent) |  |  | 1.68% |  | 3.30%
Collateral Loans, Unpaid Principal |  |  | $ 621,887 |  | $ 596,366
Collateral Loans, Carrying Value |  |  | 619,639 |  | 593,652
Cash, Restricted Cash |  |  |  |  | 17,800
CLO XI |  |  |  |  |
Debt Obligations |  |  |  |  |
Debt, Face Value |  |  | 533,000 |  | 533,000
Debt, Carrying Value |  |  | $ 529,258 |  | $ 528,690
Weighted average note rate (as a percent) |  |  | 1.63% |  | 3.25%
Collateral Loans, Unpaid Principal |  |  | $ 641,273 |  | $ 624,443
Collateral Loans, Carrying Value |  |  | 639,020 |  | 621,508
Cash, Restricted Cash |  |  | 4,632 |  | 15,550
Replacement period |  | 3 years |  |  |
Maximum period to acquire additional loan obligations |  | 180 days |  |  |
CLO X |  |  |  |  |
Debt Obligations |  |  |  |  |
Debt, Face Value |  |  | 441,000 |  | 441,000
Debt, Carrying Value |  |  | $ 437,899 |  | $ 437,391
Weighted average note rate (as a percent) |  |  | 1.63% |  | 3.26%
Collateral Loans, Unpaid Principal |  |  | $ 540,012 |  | $ 509,887
Collateral Loans, Carrying Value |  |  | 538,165 |  | 507,854
Cash, Restricted Cash |  |  | 4,256 |  | 37,287
CLO IX |  |  |  |  |
Debt Obligations |  |  |  |  |
Debt, Face Value |  |  | 356,400 |  | 356,400
Debt, Carrying Value |  |  | $ 354,106 |  | $ 353,473
Weighted average note rate (as a percent) |  |  | 1.55% |  | 3.17%
Collateral Loans, Unpaid Principal |  |  | $ 462,387 |  | $ 407,696
Collateral Loans, Carrying Value |  |  | 461,126 |  | 406,463
Cash, Restricted Cash |  |  | $ 10,049 |  | 47,230
CLO VIII |  |  |  |  |
Debt Obligations |  |  |  |  |
Debt, Face Value |  |  |  |  | 282,874
Debt, Carrying Value |  |  |  |  | $ 281,119
Weighted average note rate (as a percent) |  |  |  |  | 3.12%
Collateral Loans, Unpaid Principal |  |  |  |  | $ 359,186
Collateral Loans, Carrying Value |  |  |  |  | 357,914
Cash, Restricted Cash |  |  |  |  | $ 544
Payoffs and paydowns of collateralized loan obligations | 282,900 |  |  |  |
Deferred fees expensed as interest expense | $ 1,500 |  |  |  |

X
- Definition Amount of collateralized loan obligation. + References No definition available. + Details
Name: | abr_CollateralizedLoanObligation
Namespace Prefix: | abr_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Represents the face value of collateral in default, as defined by the CDO indenture, as well as assets deemed to be a credit risk. Credit risk assets are reported by each of the CDOs and are generally defined as the one that, in the CDO collateral manager's reasonable business judgment, has a significant risk of declining in credit quality or, with a passage of time, becoming a defaulted asset. + References No definition available. + Details
Name: | abr_CollateralizedLoanObligationCollateralAtRisk
Namespace Prefix: | abr_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Face (par) amount of tranches issued to fund a collateralized securitization vehicle. + References No definition available. + Details
Name: | abr_CollateralizedSecuritizationVehicleTranchesFaceAmount
Namespace Prefix: | abr_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Represents the replacement period of financing that allows the principal proceeds and sale proceeds (if any) of the loan obligations to be reinvested in qualifying replacement loan obligations. + References No definition available. + Details
Name: | abr_DebtInstrumentFinancingReplacementPeriod
Namespace Prefix: | abr_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Definition Represents the calculation as of the balance sheet date of the average interest rate weighted by the amount of debt outstanding, including certain fees and costs. + References No definition available. + Details
Name: | abr_DebtWeightedAverageInterestRateIncludingFeesAndCosts
Namespace Prefix: | abr_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Leverage capital divided by average loan and investment assets as defined in the agreements. + References No definition available. + Details
Name: | abr_LeverageCapitalToLoanAndInvestmentPortfolio
Namespace Prefix: | abr_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Maximum period of time to acquire additional loan obligations, from the closing date of the CLO. + References No definition available. + Details
Name: | abr_MaximumPeriodForAcquiringAdditionalLoanObligations
Namespace Prefix: | abr_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Definition Represents the carrying value of the mortgage loans that serve as collateral. + References No definition available. + Details
Name: | abr_MortgageLoansOnRealEstateCarryingValue
Namespace Prefix: | abr_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Represents the unpaid principal balance of the mortgage loans that serve as collateral. + References No definition available. + Details
Name: | abr_MortgageLoansOnRealEstatePrincipalAmountOfMortgages
Namespace Prefix: | abr_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Represents the number of tranches issued by the entity under collateralized debt obligations. + References No definition available. + Details
Name: | abr_NumberOfTranchesIssued
Namespace Prefix: | abr_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | duration

X
- Definition The cash inflow from amounts received from issuance of collateralized loan obligations. Secured long-term loans are wholly or partially secured by collateral. + References No definition available. + Details
Name: | abr_ProceedsFromIssuanceOfCollateralizedLoanObligations
Namespace Prefix: | abr_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The cash inflow from amounts received from issuance of collateralized loan obligations for the purpose of acquiring additional loan obligations. + References No definition available. + Details
Name: | abr_ProceedsFromIssuanceOfCollateralizedLoanObligationsForAcquiringAdditionalLoan
Namespace Prefix: | abr_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The cash outflow to repay the long term loans which are wholly or partially secured by collateral. + References No definition available. + Details
Name: | abr_RepaymentOfSecuredLoanObligations
Namespace Prefix: | abr_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Notional amount of collateralized securitization vehicle residual interest retained. + References No definition available. + Details
Name: | abr_ResidualInterestOfCollateralizedSecuritizationVehicleNotionalAmount
Namespace Prefix: | abr_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition It represents the amount of restricted cash related to interest payments, delayed fundings and expenses. + References No definition available. + Details
Name: | abr_RestrictedCashRelatedToInterestPaymentsDelayedFundingsAndExpenses
Namespace Prefix: | abr_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amount of amortization expense attributable to debt issuance costs. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3602-108585 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(8)) -URI http://asc.fasb.org/extlink&oid=120395209&loc=SL114868664-224227 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=119993939&loc=d3e28555-108399 + Details
Name: | us-gaap_AmortizationOfFinancingCosts
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Carrying amount as of the balance sheet date of cash collateral held for borrowed securities, for which the cash is restricted as to withdrawal or usage. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.1) -URI http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03.(a),2) -URI http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910 + Details
Name: | us-gaap_CashCollateralForBorrowedSecurities
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amount of assets pledged to secure a debt instrument. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 470 -Section 50 -Paragraph 3 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=75038535&loc=d3e64711-112823 + Details
Name: | us-gaap_DebtInstrumentCollateralAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Face (par) amount of debt instrument at time of issuance. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=119993939&loc=d3e28551-108399 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400 + Details
Name: | us-gaap_DebtInstrumentFaceAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Weighted average interest rate of debt outstanding. + References No definition available. + Details
Name: | us-gaap_DebtWeightedAverageInterestRate
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Amount, after accumulated amortization, of debt issuance costs. Includes, but is not limited to, legal, accounting, underwriting, printing, and registration costs. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.17) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=119993939&loc=d3e28555-108399 + Details
Name: | us-gaap_DeferredFinanceCostsNet
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Carrying value as of the balance sheet date, including the current and noncurrent portions, of collateralized debt obligations (with maturities initially due after one year or beyond the operating cycle, if longer). Such obligations include mortgage loans, chattel loans, and any other borrowings secured by assets of the borrower. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(16)) -URI http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(16)) -URI http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_SecuredDebt
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Details
Name: | us-gaap_DebtInstrumentAxis=us-gaap_CollateralizedLoanObligationsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=abr_CollateralizedLoanObligationsThirteenMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_VariableRateAxis=abr_OneMonthLiborMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_ExternalCreditRatingByGroupingAxis=us-gaap_ExternalCreditRatingInvestmentGradeMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_ExternalCreditRatingByGroupingAxis=us-gaap_ExternalCreditRatingNonInvestmentGradeMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=abr_CollateralizedLoanObligationsTwelveMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=abr_CollateralizedLoanObligationsElevenMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=abr_CollateralizedLoanObligationsTenMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=abr_CollateralizedLoanObligationsNineMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=abr_CollateralizedLoanObligationsEightMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |