XML 60 R44.htm IDEA: XBRL DOCUMENT v3.22.4

Income Taxes (Tables)

12 Months Ended

Dec. 31, 2022

Income Taxes

Schedule of pre-tax GAAP income

A summary of our pre-tax GAAP income is as follows (in thousands):

​

​	​	​	​	​	​	​	​	​	​
​	​	Year Ended December 31,
​		2022			2021			2020
Pre‑tax GAAP income:		​			​			​
REIT	​	$	303,320	​	$	239,356	​	$	78,320
TRS Consolidated Group	​		67,991	​		184,736	​		158,230
Total pre‑tax GAAP income	​	$	371,311	​	$	424,092	​	$	236,550

​

Schedule of provision for income taxes

Our provision for income taxes is comprised as follows (in thousands):

​

​	​	​	​	​	​	​	​	​	​
​	​	Year Ended December 31,
​		2022			2021			2020
Current tax provision:		​			​			​
Federal	​	$	14,167	​	$	27,454	​	$	27,284
State	​		5,058	​		7,939	​		8,383
Total	​		19,225	​		35,393	​		35,667
Deferred tax (benefit) provision :	​			​			​
Federal	​	$	(1,373)	​	$	8,287	​	$	3,932
State	​		(370)	​		2,744	​		780
Valuation allowance	​		2	​		(139)	​		14
Total	​		(1,741)	​		10,892	​		4,726
Total income tax expense	​	$	17,484	​	$	46,285	​	$	40,393

​

Schedule of reconciliation of effective income tax rate as a percentage of pretax income or loss to the U.S. federal statutory rate

​

​	​	​	​	​	​	​	​
​	​	Year Ended December 31,					​
​		2022		2021		2020
U.S. federal statutory rate		21.0	%	21.0	%	21.0	%
REIT non‑taxable income		(17.2)	%	(11.9)	%	(7.0)	%
State and local income taxes, net of federal tax benefit		1.0	%	2.0	%	3.0	%
Other		(0.1)	%	(0.2)	%	—	%
Effective income tax rate		4.7	%	10.9	%	17.0	%

​

Schedule of significant components of deferred tax assets and liabilities of TRS Consolidated Group

The significant components of our deferred tax assets and liabilities of our TRS Consolidated Group are as follows (in thousands):

​

​	​	​	​	​	​	​
​	​	December 31,
​		2022			2021
Deferred tax assets:		​			​
Expenses not currently deductible	​	$	22,755	​	$	25,542
Loan loss reserves	​		7,159	​		7,110
Net operating and capital loss carryforwards	​		454	​		468
Valuation allowance	​		(294)	​		(292)
Other	​	​	441	​	​	372
Deferred tax assets, net	​	$	30,515	​	$	33,200
Deferred tax liabilities:	​			​
Mortgage servicing rights	​	$	26,975	​	$	28,672
Intangibles	​		6,457	​		7,243
Interest in equity affiliates—net	​	​	6,237	​	​	8,179
Deferred tax liabilities, net	​	$	39,669	​	$	44,094

​

X

- Definition

Tabular disclosure of operating income loss.

+ References

No definition available.

+ Details

Name:	abr_ScheduleOfOperatingIncomeLossTableTextBlock
Namespace Prefix:	abr_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_IncomeTaxDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 9
-URI https://asc.fasb.org/extlink&oid=121826272&loc=d3e32639-109319

+ Details

Name:	us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 2
-URI https://asc.fasb.org/extlink&oid=121826272&loc=d3e32537-109319

+ Details

Name:	us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 12
-URI https://asc.fasb.org/extlink&oid=121826272&loc=d3e32687-109319

+ Details

Name:	us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration