XML 46 R65.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Subsequent Events (Detail) (USD $) In Thousands, except Per Share data, unless otherwise specified | 3 Months Ended | 6 Months Ended |  |  | 0 Months Ended | 1 Months Ended
--- | --- | --- | --- | --- | --- | ---
Jun. 30, 2014 | Jun. 30, 2013 | Jun. 30, 2014 | Jun. 30, 2013 | Jun. 30, 2014 Commercial mortgage loans [Member] | Dec. 31, 2013 Commercial mortgage loans [Member] | Jul. 28, 2014 Subsequent Event [Member] | Jul. 30, 2014 Subsequent Event [Member] First Mortgage [Member] Commercial mortgage loans [Member] Hotel [Member] | Jul. 30, 2014 Subsequent Event [Member] First Mortgage [Member] Commercial mortgage loans [Member] Single Family and Condominium [Member] option sqft parking_space unit | Jul. 30, 2014 Commercial Mortgage Backed Securities [Member] Subsequent Event [Member] | Jul. 30, 2014 Deutsche Bank AG [Member] Subsequent Event [Member] | Jul. 30, 2014 Hotel, Chelsea, New York City - 280 Key [Member] Subsequent Event [Member] Mezzanine Loan [Member] Commercial mortgage loans [Member] Hotel [Member] option key
Stock Transactions, Parenthetical Disclosures [Abstract] |  |  |  |  |  |  |  |  |  |  |  |
Dividend declared per share of common stock | $ 0.40 | $ 0.40 | $ 0.8 | $ 0.8 |  |  | $ 0.40 |  |  |  |  |
Mortgage Loans on Real Estate [Abstract] |  |  |  |  |  |  |  |  |  |  |  |
Mortgage loan, face amount |  |  |  |  | $ 349,000 | $ 164,000 |  |  | $ 34,500 |  |  | $ 20,000
Amount funded at closing |  |  |  |  |  |  |  |  | 30,000 |  |  |
Number of units |  |  |  |  |  |  |  |  | 63 |  |  | 280
Initial loan period |  |  |  |  |  |  |  |  | 2 years |  |  | 2 years
Area included with property used for retail space (square feet) |  |  |  |  |  |  |  |  | 7,300 |  |  |
Number of parking spaces included with property |  |  |  |  |  |  |  |  | 31 |  |  |
Number of options to extend loan agreement |  |  |  |  |  |  |  |  | 3 |  |  | 3
Option to extend loan agreement, term |  |  |  |  |  |  |  |  | 1 year |  |  | 1 year
Mortgage loan, loan to value ratio |  |  |  |  |  |  |  |  | 70.00% |  |  | 61.00%
Mortgage loan IRR, target |  |  |  |  |  |  |  |  |  |  |  | 12.00%
Mortgage loan, IRR on levered basis |  |  |  |  |  |  |  | 12.00% |  |  |  |
Equity deployed to acquire CMBS |  |  |  |  |  |  |  |  |  | 6,369 |  |
Aggregate purchase price of CMBS |  |  |  |  |  |  |  |  |  | 31,844 |  |
Borrowings under term repurchase |  |  |  |  |  |  |  |  |  |  | $ 25,475 |
Weighted Average Life |  |  |  |  |  |  |  |  |  | 2 years 1 month 6 days |  |
Internal rate of return |  |  |  |  |  |  |  |  |  | 16.00% |  |

X
- Definition Available-for-sale Debt Securities, Weighted Average Expected Term + References No definition available. + Details
Name: | ari_AvailableforsaleDebtSecuritiesWeightedAverageExpectedTerm
Namespace Prefix: | ari_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Definition Equity Value, Cash, Purchase of Available for Sale Securities + References No definition available. + Details
Name: | ari_EquityValueCashPurchaseofAvailableforSaleSecurities
Namespace Prefix: | ari_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Investment, Internal Rate of Return + References No definition available. + Details
Name: | ari_InvestmentInternalRateofReturn
Namespace Prefix: | ari_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Mortgage Loans on Real Estate, Amount Funded at Closing + References No definition available. + Details
Name: | ari_MortgageLoansonRealEstateAmountFundedatClosing
Namespace Prefix: | ari_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Mortgage Loans on Real Estate, Internal Rate of Return, Levered Basis + References No definition available. + Details
Name: | ari_MortgageLoansonRealEstateInternalRateofReturnLeveredBasis
Namespace Prefix: | ari_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Mortgage loans on real estate loan period. + References No definition available. + Details
Name: | ari_MortgageLoansOnRealEstateLoanPeriod
Namespace Prefix: | ari_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Definition Mortgage Loans on Real Estate, Loan to Value Ratio + References No definition available. + Details
Name: | ari_MortgageLoansonRealEstateLoantoValueRatio
Namespace Prefix: | ari_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Mortgage Loans on Real Estate, Target Internal Rate of Return + References No definition available. + Details
Name: | ari_MortgageLoansonRealEstateTargetInternalRateofReturn
Namespace Prefix: | ari_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Mortgage Loans, Option to Extend Loan Agreement, Term + References No definition available. + Details
Name: | ari_MortgageLoansOptiontoExtendLoanAgreementTerm
Namespace Prefix: | ari_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Definition Number of Options to Extend Loan Agreement + References No definition available. + Details
Name: | ari_NumberofOptionstoExtendLoanAgreement
Namespace Prefix: | ari_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | duration

X
- Definition Number of Parking Spaces in Real Estate Property + References No definition available. + Details
Name: | ari_NumberofParkingSpacesinRealEstateProperty
Namespace Prefix: | ari_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | instant

X
- Definition Area of a real estate property. + References No definition available. + Details
Name: | us-gaap_AreaOfRealEstateProperty
Namespace Prefix: | us-gaap_
Data Type: | num:areaItemType
Balance Type: | na
Period Type: | instant

X
- Definition Aggregate dividends declared during the period for each share of common stock outstanding. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Article 3 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770 + Details
Name: | us-gaap_CommonStockDividendsPerShareDeclared
Namespace Prefix: | us-gaap_
Data Type: | num:perShareItemType
Balance Type: | na
Period Type: | duration

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

X
- Definition Amount of the contractual principal due at the origination of the mortgage loan (face amount). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 10 -Section S99 -Paragraph 6 -Subparagraph (SX 210.5-04.(c) Schedule IV) -URI http://asc.fasb.org/extlink&oid=27047687&loc=d3e5864-122674 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 29 -Article 12 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Paragraph c -Subparagraph Schedule IV -Article 5 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 948 -SubTopic 310 -Section S99 -Paragraph 1 -Subparagraph (SX 210.12-29) -URI http://asc.fasb.org/extlink&oid=6589523&loc=d3e617274-123014 + Details
Name: | us-gaap_MortgageLoansOnRealEstateFaceAmountOfMortgages
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition The number of units in a real estate property owned as of the balance sheet date. + References No definition available. + Details
Name: | us-gaap_NumberOfUnitsInRealEstateProperty
Namespace Prefix: | us-gaap_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | instant

X
- Definition The cash outflow to acquire debt and equity securities not classified as either held-to-maturity securities or trading securities which would be classified as available-for-sale securities and reported at fair value, with unrealized gains and losses excluded from earnings and reported in a separate component of shareholders' equity. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Investing Activities -URI http://asc.fasb.org/extlink&oid=6516133 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=6871852&loc=d3e26853-111562 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 13 -Subparagraph (a),(b) -URI http://asc.fasb.org/extlink&oid=31042434&loc=d3e3213-108585 + Details
Name: | us-gaap_PaymentsToAcquireAvailableForSaleSecurities
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The cash inflow from a contractual arrangement with the lender, including letter of credit, standby letter of credit and revolving credit arrangements, under which borrowings can be made up to a specific amount at any point in time with maturities due beyond one year or the operating cycle, if longer. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Financing Activities -URI http://asc.fasb.org/extlink&oid=6513228 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 14 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=31042434&loc=d3e3255-108585 + Details
Name: | us-gaap_ProceedsFromLongTermLinesOfCredit
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

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