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Share-Based Payments | 9 Months Ended
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Sep. 30, 2016
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 $1,828 and $5,434 for the three and nine months ended September 30, 2016, related to restricted stock and RSU vesting. The Company recognized stock-based compensation expense of $756 and $2,695 for the three and nine months ended September 30, 2015, related to restricted stock and RSU vesting. The following table summarizes the activity related to restricted common stock and RSUs during the nine months ended September 30, 2016:
| Type | Date |  | Restricted Stock |  | RSUs |  | Estimate Fair Value on Grant Date |  | Initial Vesting |  | Final Vesting
Outstanding at December 31, 2015 |  | 340,064 |  |  | 1,242,810 |  |  |  |  |  |  |
| Cancelled upon delivery | January 2016 |  | — |  |  | (318,160 | ) |  | n/a |  | n/a |  | n/a
| Forfeiture | January 2016 |  | — |  |  | (1,667 | ) |  | n/a |  | n/a |  | n/a
| Grant | February 2016 |  | — |  |  | 47,028 |  |  | $729 |  | (1) |  | (1)
| Grant | March 2016 |  | — |  |  | 5,095 |  |  | $81 |  | December 2016 |  | December 2017
| Grant | April 2016 |  | 17,056 |  |  | — |  |  | $275 |  | July 2016 |  | April 2019
| Forfeiture | June 2016 |  | — |  |  | (14,972 | ) |  | n/a |  | n/a |  | n/a
| Cancelled upon delivery | July 2016 |  | — |  |  | (543 | ) |  | n/a |  | n/a |  | n/a
| Forfeiture | July 2016 |  | — |  |  | (12,792 | ) |  | n/a |  | n/a |  | n/a
| Grant | July 2016 |  | — |  |  | 1,528 |  |  | $25 |  | September 2016 |  | September 2016
| Forfeiture | August 2016 |  | — |  |  | (15,642 | ) |  | n/a |  | n/a |  | n/a
| Grant | September 2016 |  | — |  |  | 6,146 |  |  | $101 |  | October 2016 |  | October 2016
| Cancelled upon delivery | September 2016 |  | — |  |  | (41,281 | ) |  | n/a |  | n/a |  | n/a
Outstanding at September 30, 2016 |  | 357,120 |  |  | 897,550 |  |  |  |  |  |  |
(1) These awards vest based upon the achievement of certain conditions. Below is a summary of expected restricted common stock and RSU vesting dates as of September 30, 2016.
Vesting Date | Shares Vesting |  | RSU Vesting |  | Total Awards
October 2016 | 5,578 |  |  | 37,046 |  |  | 42,624 |
December 2016 | 28,920 |  |  | 325,513 |  |  | 354,433 |
January 2017 | 5,161 |  |  | — |  |  | 5,161 |
April 2017 | 5,164 |  |  | — |  |  | 5,164 |
June 2017 | — |  |  | 544 |  |  | 544 |
July 2017 | 4,004 |  |  | — |  |  | 4,004 |
October 2017 | 3,997 |  |  | — |  |  | 3,997 |
December 2017 | 28,923 |  |  | 322,113 |  |  | 351,036 |
January 2018 | 2,749 |  |  | — |  |  | 2,749 |
April 2018 | 2,755 |  |  | — |  |  | 2,755 |
June 2018 | — |  |  | 544 |  |  | 544 |
July 2018 | 1,420 |  |  | — |  |  | 1,420 |
October 2018 | 1,424 |  |  | — |  |  | 1,424 |
December 2018 | 16,670 |  |  | 204,954 |  |  | 221,624 |
January 2019 | 1,419 |  |  | — |  |  | 1,419 |
April 2019 | 1,424 |  |  | — |  |  | 1,424 |
| 109,608 |  |  | 890,714 |  |  | 1,000,322 |
At September 30, 2016, the Company had unrecognized compensation expense of approximately $1,402 and $10,470, 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, 2016, the Company delivered 215,672 shares of common stock for 359,984 vested RSUs. The Company allows holders of RSUs 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 holder, results in a cash payment to the Manager related to this tax liability and a corresponding adjustment to additional paid-in-capital on the condensed consolidated statement of changes in stockholders' equity. The adjustment was $2,626 for the nine months ended September 30, 2016, and is included as a component of the capital decrease related to the Company's equity incentive plan in the condensed 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 40 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=65895303&loc=d3e17540-113929 Reference 2: 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=68057994&loc=d3e25284-112666 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB Topic 14) -URI http://asc.fasb.org/extlink&oid=27013229&loc=d3e301413-122809 Reference 4: 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 5: 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 6: 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 + Details
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