XML 73 R61.htm IDEA: XBRL DOCUMENT
v3.21.2

Debt Obligations, Collateralized Loan Obligations (Details) $ in Thousands |  |  | 1 Months Ended | 6 Months Ended |
--- | --- | --- | --- | --- | ---
Jun. 30, 2021 USD ($) item tranche | Mar. 31, 2021 USD ($) tranche item | Mar. 31, 2021 USD ($) | Jun. 30, 2021 USD ($) | Jun. 30, 2020 USD ($) | Dec. 31, 2020 USD ($)
Debt Obligations |  |  |  |  |  |
Debt, Carrying Value | $ 3,484,088 |  |  | $ 3,484,088 |  | $ 2,517,309
Weighted average note rate (as a percent) | 2.32% |  |  | 2.32% |  |
Payoffs and paydowns of collateralized loan obligations |  |  |  | $ 356,150 | $ 282,874 |
CLOs |  |  |  |  |  |
Debt Obligations |  |  |  |  |  |
Debt, Face Value | $ 3,506,080 |  |  | 3,506,080 |  | 2,532,343
Debt, Carrying Value | $ 3,484,088 |  |  | $ 3,484,088 |  | $ 2,517,309
Weighted average note rate (as a percent) | 1.52% |  |  | 1.52% |  | 1.60%
Restricted cash related to interest payments, delayed funding and expenses | $ 38,100 |  |  | $ 38,100 |  | $ 49,500
Collateral Loans, Unpaid Principal | 4,004,173 |  |  | 4,004,173 |  | 2,932,791
Collateral Loans, Carrying Value | 4,004,173 |  |  | 4,004,173 |  | 2,932,791
Cash, Restricted Cash | 178,060 |  |  | 178,060 |  | 138,683
Deferred financing fees | $ 22,000 |  |  | $ 22,000 |  | $ 15,000
Weighted average note rate including certain fees and costs (as a percent) | 1.80% |  |  | 1.80% |  | 1.93%
CLO XV |  |  |  |  |  |
Debt Obligations |  |  |  |  |  |
Number of tranches of CLO notes issued | tranche | 8 |  |  |  |  |
Number of newly-formed wholly-owned subsidiaries | item | 2 |  |  |  |  |
Value of the tranches issued | $ 747,800 |  |  | $ 747,800 |  |
Debt, Face Value | 674,412 |  |  | 674,412 |  |
Debt, Carrying Value | $ 668,823 |  |  | $ 668,823 |  |
Weighted average note rate (as a percent) | 1.42% |  |  | 1.42% |  |
Collateral Loans, Unpaid Principal | $ 674,753 |  |  | $ 674,753 |  |
Collateral Loans, Carrying Value | 674,753 |  |  | 674,753 |  |
Cash, Restricted Cash | 128,015 |  |  | $ 128,015 |  |
Replacement period |  |  |  | 2 years 6 months |  |
Proceeds from issuance of collateralized loan obligations for acquiring additional loan obligations | $ 162,000 |  |  |  |  |
Maximum period to acquire additional loan obligations | 180 days |  |  |  |  |
Notional amount of residual interest retained | $ 140,600 |  |  | $ 140,600 |  |
Value of portfolio loans as collateral | 653,000 |  |  | 653,000 |  |
Face value of loan obligations will be owned by the issuer | $ 815,000 |  |  | $ 815,000 |  |
Leverage (as a percent) | 83.00% |  |  | 83.00% |  |
CLO XV | One-month LIBOR |  |  |  |  |  |
Debt Obligations |  |  |  |  |  |
Weighted average note rate including certain fees and costs (as a percent) | 1.37% |  |  | 1.37% |  |
CLO XV | Investment grade |  |  |  |  |  |
Debt Obligations |  |  |  |  |  |
Debt, Face Value | $ 674,400 |  |  | $ 674,400 |  |
CLO XV | Below investment grade |  |  |  |  |  |
Debt Obligations |  |  |  |  |  |
Debt, Carrying Value | 73,400 |  |  | 73,400 |  |
Notional amount of residual interest retained | 73,400 |  |  | 73,400 |  |
CLO XIV |  |  |  |  |  |
Debt Obligations |  |  |  |  |  |
Number of tranches of CLO notes issued | tranche |  | 8 |  |  |  |
Number of newly-formed wholly-owned subsidiaries | item |  | 2 |  |  |  |
Value of the tranches issued |  | $ 724,200 | $ 724,200 |  |  |
Debt, Face Value | 655,475 |  |  | 655,475 |  |
Debt, Carrying Value | $ 650,116 |  |  | $ 650,116 |  |
Weighted average note rate (as a percent) | 1.45% |  |  | 1.45% |  |
Collateral Loans, Unpaid Principal | $ 766,872 |  |  | $ 766,872 |  |
Collateral Loans, Carrying Value | 766,872 |  |  | 766,872 |  |
Replacement period |  |  | 2 years 6 months |  |  |
Proceeds from issuance of collateralized loan obligations for acquiring additional loan obligations |  | $ 149,800 |  |  |  |
Maximum period to acquire additional loan obligations |  | 180 days |  |  |  |
Notional amount of residual interest retained |  | $ 129,500 | $ 129,500 |  |  |
Value of portfolio loans as collateral |  | 635,200 | 635,200 |  |  |
Face value of loan obligations will be owned by the issuer |  | $ 785,000 | $ 785,000 |  |  |
Leverage (as a percent) |  | 84.00% | 84.00% |  |  |
CLO XIV | One-month LIBOR |  |  |  |  |  |
Debt Obligations |  |  |  |  |  |
Weighted average note rate including certain fees and costs (as a percent) |  | 1.33% | 1.33% |  |  |
CLO XIV | Investment grade |  |  |  |  |  |
Debt Obligations |  |  |  |  |  |
Debt, Face Value |  | $ 655,500 | $ 655,500 |  |  |
CLO XIV | Below investment grade |  |  |  |  |  |
Debt Obligations |  |  |  |  |  |
Debt, Carrying Value |  | 68,700 | 68,700 |  |  |
Notional amount of residual interest retained |  | $ 68,700 | 68,700 |  |  |
CLO XIII |  |  |  |  |  |
Debt Obligations |  |  |  |  |  |
Debt, Face Value | 668,000 |  |  | 668,000 |  | $ 668,000
Debt, Carrying Value | $ 664,396 |  |  | $ 664,396 |  | $ 663,804
Weighted average note rate (as a percent) | 1.54% |  |  | 1.54% |  | 1.58%
Collateral Loans, Unpaid Principal | $ 770,086 |  |  | $ 770,086 |  | $ 768,664
Collateral Loans, Carrying Value | 770,086 |  |  | 770,086 |  | 768,664
Cash, Restricted Cash | 17,749 |  |  | 17,749 |  | 43
CLO XII |  |  |  |  |  |
Debt Obligations |  |  |  |  |  |
Debt, Face Value | 534,193 |  |  | 534,193 |  | 534,193
Debt, Carrying Value | $ 531,295 |  |  | $ 531,295 |  | $ 530,673
Weighted average note rate (as a percent) | 1.62% |  |  | 1.62% |  | 1.66%
Collateral Loans, Unpaid Principal | $ 614,751 |  |  | $ 614,751 |  | $ 628,935
Collateral Loans, Carrying Value | 614,751 |  |  | 614,751 |  | 628,935
Cash, Restricted Cash | 15,412 |  |  | 15,412 |  | 2,005
CLO XI |  |  |  |  |  |
Debt Obligations |  |  |  |  |  |
Debt, Face Value | 533,000 |  |  | 533,000 |  | 533,000
Debt, Carrying Value | $ 530,470 |  |  | $ 530,470 |  | $ 529,859
Weighted average note rate (as a percent) | 1.56% |  |  | 1.56% |  | 1.61%
Collateral Loans, Unpaid Principal | $ 643,450 |  |  | $ 643,450 |  | $ 555,157
Collateral Loans, Carrying Value | 643,450 |  |  | 643,450 |  | 555,157
Cash, Restricted Cash | 884 |  |  | 884 |  | 92,395
CLO X |  |  |  |  |  |
Debt Obligations |  |  |  |  |  |
Debt, Face Value | 441,000 |  |  | 441,000 |  | 441,000
Debt, Carrying Value | $ 438,988 |  |  | $ 438,988 |  | $ 438,442
Weighted average note rate (as a percent) | 1.57% |  |  | 1.57% |  | 1.61%
Collateral Loans, Unpaid Principal | $ 534,261 |  |  | $ 534,261 |  | $ 522,132
Collateral Loans, Carrying Value | 534,261 |  |  | 534,261 |  | 522,132
Cash, Restricted Cash | $ 16,000 |  |  | $ 16,000 |  | 25,537
CLO IX |  |  |  |  |  |
Debt Obligations |  |  |  |  |  |
Debt, Face Value |  |  |  |  |  | 356,150
Debt, Carrying Value |  |  |  |  |  | $ 354,531
Weighted average note rate (as a percent) |  |  |  |  |  | 1.53%
Collateral Loans, Unpaid Principal |  |  |  |  |  | $ 457,903
Collateral Loans, Carrying Value |  |  |  |  |  | 457,903
Cash, Restricted Cash |  |  |  |  |  | $ 18,703
Payoffs and paydowns of collateralized loan obligations |  |  | 356,200 |  |  |
Deferred fees expensed as interest expense |  |  | $ 1,400 |  |  |

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 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 newly-formed wholly-owned subsidiaries. + References No definition available. + Details
Name: | abr_NumberOfNewlyFormedWhollyOwnedSubsidiaries
Namespace Prefix: | abr_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | duration

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 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 funding and expenses. + References No definition available. + Details
Name: | abr_RestrictedCashRelatedToInterestPaymentsDelayedFundingAndExpenses
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_CollateralizedLoanObligationsFifteenMember
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_CollateralizedLoanObligationsFourteenMember
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_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: |