XML 35 R30.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Commercial Mortgage Loans (Tables) (Commercial mortgage loans [Member]) | 6 Months Ended
--- | ---
Jun. 30, 2014
Commercial mortgage loans [Member] |
Mortgage Loans on Real Estate [Line Items] |
Schedule of Mortgage Loans on Real Estate | The Company’s commercial mortgage loan portfolio was comprised of the following at December 31, 2013:
Description | Date of Investment |  | Maturity Date |  | Original Face Amount |  | Current Face Amount |  | Carrying Value |  | Coupon |  | Property Size
Hotel - NY, NY | Jan-10 |  | Feb-15 |  | $ | 32,000 |  |  | $ | 31,317 |  |  | $ | 31,317 |  |  | Fixed |  |  | 151 rooms
Office Condo (Headquarters) - NY, NY | Feb-10 |  | Feb-15 |  | 28,000 |  |  | 27,169 |  |  | 27,169 |  |  | Fixed |  |  | 73,419 sq. ft.
Hotel - Silver Spring, MD | Mar-10 |  | Apr-15 |  | 26,000 |  |  | 24,947 |  |  | 24,785 |  |  | Fixed |  |  | 263 rooms
Condo Conversion – NY, NY (1) | Dec-12 |  | Jan-15 |  | 45,000 |  |  | 45,000 |  |  | 44,867 |  |  | Floating |  |  | 119,000 sq. ft.
Condo Conversion – NY, NY (2) | Aug-13 |  | Sept-15 |  | 33,000 |  |  | 33,167 |  |  | 32,961 |  |  | Floating |  |  | 40,000 sq. ft.
Total/Weighted Average |  |  |  |  | $ | 164,000 |  |  | $ | 161,600 |  |  | $ | 161,099 |  |  | 8.82 | % |  |
(1) | This loan includes two one-year extension options subject to certain conditions and the payment of a fee for each extension.
(2) | This loan includes a one-year extension option subject to certain conditions and the payment of a fee.
The Company’s commercial mortgage loan portfolio was comprised of the following at June 30, 2014:
Description | Date of Investment |  | Maturity Date |  | Original Face Amount |  | Current Face Amount |  | Carrying Value |  | Coupon |  | Property Size
Hotel - NY, NY | Jan-10 |  | Feb-15 |  | $ | 32,000 |  |  | $ | 31,179 |  |  | $ | 31,179 |  |  | Fixed |  |  | 151 rooms
Office Condo (Headquarters) - NY, NY | Feb-10 |  | Feb-15 |  | 28,000 |  |  | 27,032 |  |  | 27,032 |  |  | Fixed |  |  | 73,419 sq. ft.
Hotel - Silver Spring, MD | Mar-10 |  | Apr-15 |  | 26,000 |  |  | 24,770 |  |  | 24,670 |  |  | Fixed |  |  | 263 rooms
Condo Conversion – NY, NY (1) | Dec-12 |  | Jan-15 |  | 45,000 |  |  | 45,000 |  |  | 45,142 |  |  | Floating |  |  | 119,000 sq. ft.
Condo Conversion – NY, NY (2) | Aug-13 |  | Sept-15 |  | 33,000 |  |  | 33,504 |  |  | 33,442 |  |  | Floating |  |  | 40,000 sq. ft.
Condo Construction - Potomac, MD (3) | Feb-14 |  | Sept-16 |  | 25,000 |  |  | 25,000 |  |  | 24,320 |  |  | Floating |  |  | 50 units
Vacation Home Portfolio - Various | Apr-14 |  | Apr-19 |  | 106,000 |  |  | 106,000 |  |  | 104,953 |  |  | Fixed |  |  | 229 properties
Hotel - Philadelphia, PA (1) | May-14 |  | May-17 |  | 34,000 |  |  | 34,000 |  |  | 33,698 |  |  | Floating |  |  | 301 rooms
Condo Construction - Bethesda, MD (4) | Jun-14 |  | Dec-16 |  | 20,000 |  |  | 20,000 |  |  | 19,374 |  |  | Floating |  |  | 40 units
Total/Weighted Average |  |  |  |  | $ | 349,000 |  |  | $ | 346,485 |  |  | $ | 343,810 |  |  | 8.64 | % |  |
(1) | This loan includes two one-year extension options subject to certain conditions and the payment of a fee for each extension.
(2) | This loan includes a one-year extension option subject to certain conditions and the payment of a fee.
(3) | This loan includes a six-month extension option subject to certain conditions and the payment of a fee. As of June 30, 2014, the Company had $55,000 of unfunded loan commitments related to this loan.
(4) | This loan includes a six-month extension option subject to certain conditions and the payment of a fee. As of June 30, 2014, the Company had $45,100 of unfunded loan commitments related to this loan.

X
- Definition Schedule of Mortgage Loans on Real Estate [Table Text Block] + References No definition available. + Details
Name: | ari_ScheduleofMortgageLoansonRealEstateTableTextBlock
Namespace Prefix: | ari_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

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