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Share-Based Payments | 9 Months Ended
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Sep. 30, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract] |
Share-Based Payments | Share-Based Payments On September 23, 2009, the Company’s board of directors approved the Apollo Commercial Real Estate Finance, Inc., 2009 Equity Incentive Plan (the “LTIP”). The LTIP provides for grants of restricted common stock, restricted stock units ("RSUs") and other equity-based awards up to an aggregate of 7.5% of the issued and outstanding shares of the Company’s common stock (on a fully diluted basis). The LTIP is administered by the compensation committee of the Company’s board of directors (the “Compensation Committee”) and all grants under the LTIP must be approved by the Compensation Committee. The Company recognized stock-based compensation expense of $308 and $1,096 for the three and nine months ended September 30, 2014, respectively, related to restricted stock and RSU vesting. The Company recognized stock-based compensation expense of $784 and $2,095 for the three and nine months ended September 30, 2013, respectively, related to restricted stock and RSU vesting. The following table summarizes the grants, exchanges and forfeitures of restricted common stock and RSUs during the nine months ended September 30, 2014:
| Type | Date |  | Restricted Stock |  | RSUs |  | Estimate Fair Value on Grant Date |  | Initial Vesting |  | Final Vesting
Outstanding at December 31, 2013 |  | 208,416 |  |  | 503,750 |  |  |  |  |  |  |
| Canceled upon delivery | January 2014 |  | — |  |  | (288,750 | ) |  | n/a |  | n/a |  | n/a
| Grant | April 2014 |  | 13,931 |  |  | — |  |  | $235 |  | July 2014 |  | April 2017
| Canceled upon delivery | April 2014 |  | — |  |  | (5,000 | ) |  | n/a |  | n/a |  | n/a
| Grant | June 2014 |  | — |  |  | 10,254 |  |  | $169 |  | December 2014 |  | December 2016
Outstanding at September 30, 2014 |  | 222,347 |  |  | 220,254 |  |  |  |  |  |  |
Below is a summary of expected restricted common stock and RSU vesting dates as of September 30, 2014.
Vesting Date | Shares Vesting |  | RSU Vesting |  | Total Awards
October 2014 | 3,313 |  |  | — |  |  | 3,313 |
December 2014 | 6,668 |  |  | 66,750 |  |  | 73,418 |
January 2015 | 3,320 |  |  | — |  |  | 3,320 |
March 2015 | — |  |  | 6,667 |  |  | 6,667 |
April 2015 | 3,321 |  |  | — |  |  | 3,321 |
July 2015 | 2,522 |  |  | — |  |  | 2,522 |
July 2015 | 500 |  |  | — |  |  | 500 |
October 2015 | 2,522 |  |  | — |  |  | 2,522 |
December 2015 | 6,668 |  |  | 66,759 |  |  | 73,427 |
January 2016 | 2,521 |  |  | — |  |  | 2,521 |
April 2016 | 2,522 |  |  | — |  |  | 2,522 |
July 2016 | 1,578 |  |  | — |  |  | 1,578 |
October 2016 | 1,577 |  |  | — |  |  | 1,577 |
December 2016 | — |  |  | 3,418 |  |  | 3,418 |
January 2017 | 1,161 |  |  | — |  |  | 1,161 |
April 2017 | 1,164 |  |  | — |  |  | 1,164 |
| 39,357 |  |  | 143,594 |  |  | 182,951 |
At September 30, 2014, the Company had unrecognized compensation expense of approximately $540 and $1,611, respectively, related to the vesting of restricted stock awards and RSUs noted in the table above. RSU Deliveries During the nine months ended September 30, 2014, the Company delivered 240,277 shares of common stock for 283,750 vested RSUs. The Company allows RSU participants to settle their tax liabilities with a reduction of their share delivery from the originally granted and vested RSUs. The amount, when agreed to by the participant, results in a cash payment to the Manager related to this tax liability and a corresponding adjustment to additional paid in capital on the consolidated statement of changes in stockholders' equity. The adjustment was $876 for the nine months ended September 30, 2014, and is included as a component of the capital decrease related to the Company's equity incentive plan in the consolidated statement of changes in stockholders’ equity.

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- Definition The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5047-113901 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 50 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6406099&loc=d3e25284-112666 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 40 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6418621&loc=d3e17540-113929 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5444-113901 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 14 + Details
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