XML 47 R32.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Borrowings (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2013
Debt Disclosure [Abstract] |
Weighted Average Maturities and Interest Rates of Borrowings | At December 31, 2013 and 2012, the Company’s borrowings had the following weighted average maturities and interest rates:
| December 31, 2013 |  | December 31, 2012 |
| Debt Balance |  | Weighted Average Remaining Maturity |  | Weighted Average Rate |  | Debt Balance |  | Weighted Average Remaining Maturity |  | Weighted Average Rate |
Wells Facility borrowings | $ | 47,751 |  |  | 0.2 years |  | 1.2 | % |  | $ | 225,155 |  |  | 1.1 years | * | 1.8 | % | **
UBS Facility borrowings | 133,899 |  |  | 4.7 years | * | 2.8 | % |  | — |  |  | 0 |  | — | % | Fixed
JPMorgan Facility borrowings | 20,383 |  |  | 1.1 years | * | 2.7 | % |  | 3 |  |  | 5 days |  | 2.7 | % | L+250
Total borrowings | $ | 202,033 |  |  | 3.3 years |  | 2.4 | % |  | $ | 225,158 |  |  | 1.1 years |  | 1.8 | % |
* | Assumes extension options are exercised.
** | Borrowings outstanding under the Wells Facility bear interest at a LIBOR plus 105, 125 basis points, 150 basis points or 235 basis points depending on the collateral pledged.
Remaining Maturities of Borrowings | At December 31, 2013, the Company’s borrowings had the following remaining maturities:
| Less than 1 year |  | 1 to 3 years |  | 3 to 5 years |  | More than 5 years |  | Total
Wells Facility borrowings | $ | 47,751 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 47,751 |
UBS Facility borrowings * | — |  |  | 5,004 |  |  | 128,895 |  |  | — |  |  | 133,899 |
JPMorgan Facility borrowings * | 204 |  |  | 20,179 |  |  | — |  |  | — |  |  | 20,383 |
Total | $ | 47,955 |  |  | $ | 25,183 |  |  | $ | 128,895 |  |  | $ | — |  |  | $ | 202,033 |
* | Assumes extension options are exercised.
Schedule of Outstanding, Maximum and Average Balances of Debt | The table below summarizes the outstanding balances, as well as the maximum and average balances as of December 31, 2013 and 2012.
|  |  | 2013 |  |  |  | 2012
| Balance at December 31, 2013 |  | Maximum Month-End Balance |  | Average Month-End Balance |  | Balance at December 31, 2012 |  | Maximum Month-End Balance |  | Average Month-End Balance
Wells Facility borrowings | $ | 47,751 |  |  | $ | 225,156 |  |  | $ | 168,747 |  |  | $ | 225,155 |  |  | $ | 469,147 |  |  | $ | 283,100 |
UBS Facility borrowings | 133,899 |  |  | 133,899 |  |  | 31,728 |  |  | — |  |  | — |  |  | — |
JPMorgan Facility borrowings | 20,383 |  |  | 20,383 |  |  | 3,138 |  |  | $ | 3 |  |  | $ | 68,720 |  |  | $ | 37,461 |
Total | $ | 202,033 |  |  |  |  |  |  | $ | 225,158 |  |  |  |  |

X
- Definition Schedule of Outstanding, Maximum and Average Balances of Debt [Table Text Block] + References No definition available. + Details
Name: | ari_ScheduleofOutstandingMaximumandAverageBalancesofDebtTableTextBlock
Namespace Prefix: | ari_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_DebtDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
Name: | us-gaap_ScheduleOfDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the combined aggregate amount of maturities and sinking fund requirements for all long-term borrowings for each of the five years following the date of the latest balance sheet date presented. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6802200&loc=d3e1835-112601 + Details
Name: | us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration