XML 48 R35.htm IDEA: XBRL DOCUMENT
v3.6.0.2

Commercial Mortgage Loans (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2016
Commercial Mortgage Portfolio Segment [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 as of December 31, 2015:
Description | Maturity Date (2) |  | Current Principal Balance |  | Carrying Value |  | Unfunded Commitment |  | Fixed / Floating |  | Property Size
Condo Conversion – New York, NY (1) | Sept-16 |  | $ | 24,114 |  |  | $ | 24,289 |  |  | $ | — |  |  | Floating |  | 40,000 sq. ft.
Condo Construction - Potomac, MD | Sept-16 |  | 65,125 |  |  | 65,087 |  |  | — |  |  | Floating |  | 50 units
Vacation Home Portfolio - Various (1) | Apr-19 |  | 94,147 |  |  | 93,277 |  |  | — |  |  | Fixed |  | 229 properties
Hotel - Philadelphia, PA (1) | May-17 |  | 34,000 |  |  | 33,994 |  |  | — |  |  | Floating |  | 301 rooms
Condo Construction - Bethesda, MD | Dec-16 |  | 50,000 |  |  | 49,960 |  |  | 15,100 |  |  | Floating |  | 40 units
Multifamily - Brooklyn, NY (1) | Aug-16 |  | 34,500 |  |  | 34,886 |  |  | — |  |  | Floating |  | 63 units
Mixed Use - Cincinnati, OH (1) | May-18 |  | 165,000 |  |  | 163,173 |  |  | — |  |  | Floating |  | 65 acres
Condo Conversion - New York, NY (1) | Jun-16 |  | 67,300 |  |  | 67,038 |  |  | — |  |  | Floating |  | 86,000 sq. ft.
Multifamily - Williston, ND (1) | Nov-17 |  | 49,691 |  |  | 49,665 |  |  | — |  |  | Floating |  | 366 units/homes
Vacation Home Portfolio - Various U.S. (1) | Nov-19 |  | 50,000 |  |  | 49,595 |  |  | — |  |  | Fixed |  | 24 properties
Mixed Use - Brooklyn, NY (1) | Mar-17 |  | 85,770 |  |  | 85,658 |  |  | 6,730 |  |  | Floating |  | 330,000 sq. ft.
Retail redevelopment - Miami, FL (1) | Jan-17 |  | 45,000 |  |  | 44,925 |  |  | — |  |  | Floating |  | 63,300 sq. ft.
Retail redevelopment - Miami, FL (1) | Jul-17 |  | 33,000 |  |  | 32,804 |  |  | — |  |  | Floating |  | 16,600 sq. ft.
Retail - Brooklyn, NY (1) | Mar-17 |  | 1,653 |  |  | 1,636 |  |  | 9,000 |  |  | Floating |  | 10,500 sq. ft.
Hotel - New York, NY (1) | Sept-18 |  | 98,373 |  |  | 97,381 |  |  | 40,034 |  |  | Floating |  | 317 rooms
Retail - Brooklyn, NY (1) | Mar-17 |  | 5,910 |  |  | 5,858 |  |  | — |  |  | Floating |  | 5,500 sq. ft.
Hotel - U.S. Virgin Islands | Jan-18 |  | 42,000 |  |  | 41,600 |  |  | 1,500 |  |  | Floating |  | 180 rooms
Office - Richmond, VA | Jan-18 |  | 54,000 |  |  | 53,475 |  |  | 1,000 |  |  | Floating |  | 262,000 sq. ft.
Total |  |  | $ | 999,583 |  |  | $ | 994,301 |  |  | $ | 73,364 |  |  |  |  |
(1) | At December 31, 2015, this loan was pledged to secure borrowings under the JPMorgan Facility or the Goldman Loan. See "Note 8 – Borrowings" for a description of this agreements.
(2) | Represents contractual maturity date excluding extension options.
The Company’s commercial mortgage loan portfolio was comprised of the following at December 31, 2016:
Description | Maturity Date (2) |  | Current Principal Balance |  | Carrying Value |  | Unfunded Commitment |  | Fixed / Floating |  | Property Size
Condominium - Bethesda, MD | Apr-17 |  | $ | 51,695 |  |  | $ | 52,476 |  |  | — |  |  | Floating |  | 50 units
Vacation Home Portfolio - Various (1) | Apr-19 |  | 88,876 |  |  | 88,195 |  |  | — |  |  | Fixed |  | 229 properties
Hotel - Philadelphia, PA (1) | May-17 |  | 34,000 |  |  | 33,987 |  |  | — |  |  | Floating |  | 301 keys
Mixed Use - Cincinnati, OH (1) | May-18 |  | 165,000 |  |  | 163,987 |  |  | — |  |  | Floating |  | 65 acres
Multifamily - Williston, ND | Nov-17 |  | 49,706 |  |  | 39,713 |  |  | — |  |  | Floating |  | 366 units/homes
Vacation Home Portfolio - Various U.S. (1) | Nov-19 |  | 59,500 |  |  | 59,193 |  |  | — |  |  | Fixed |  | 29 properties
Mixed Use - Brooklyn, NY (1) | Mar-17 |  | 85,770 |  |  | 86,142 |  |  | 6,730 |  |  | Floating |  | 330,000 sq. ft.
Retail redevelopment - Miami, FL (1) | Jun-17 |  | 45,000 |  |  | 45,415 |  |  | — |  |  | Floating |  | 63,300 sq. ft.
Retail - Brooklyn, NY (1) | Mar-17 |  | 23,000 |  |  | 23,012 |  |  | — |  |  | Floating |  | 10,500 sq. ft.
Hotel - New York, NY (1) | Sept-18 |  | 108,857 |  |  | 108,768 |  |  | 29,549 |  |  | Floating |  | 317 keys
Retail - Brooklyn, NY (1) | Mar-17 |  | 5,910 |  |  | 5,921 |  |  | — |  |  | Floating |  | 5,500 sq. ft.
Hotel - U.S. Virgin Islands (1) | Jan-18 |  | 42,000 |  |  | 41,795 |  |  | 1,500 |  |  | Floating |  | 180 keys
Office - Richmond, VA (1) | Jan-18 |  | 54,000 |  |  | 53,849 |  |  | 1,000 |  |  | Floating |  | 262,000 sq. ft.
Retail redevelopment - Miami, FL (1) | Jan-18 |  | 220,000 |  |  | 218,771 |  |  | — |  |  | Floating |  | 113,000 sq. ft.
Office - Boston, MA (1) | Mar-18 |  | 28,659 |  |  | 28,543 |  |  | 2,341 |  |  | Floating |  | 114,000 sq. ft.
Mixed Use - New York, NY (1) | Jun-18 |  | 45,789 |  |  | 45,541 |  |  | 4,211 |  |  | Floating |  | 91,584 sq. ft.
Condo Conversion - Brooklyn, NY (1) | Jun-18 |  | 41,016 |  |  | 40,825 |  |  | 4,484 |  |  | Floating |  | 133,550 sq. ft.
Hotel - New York, NY (1) | Aug-18 |  | 78,140 |  |  | 77,297 |  |  | 26,860 |  |  | Floating |  | 612 keys
Mixed Use - Chicago, IL (1) | Oct-18 |  | 129,397 |  |  | 128,271 |  |  | 3,603 |  |  | Floating |  | 737,382 sq. ft.
Retail - Brooklyn, NY (1) | Mar-17 |  | 7,500 |  |  | 7,489 |  |  | — |  |  | Floating |  | 6,500 sq. ft.
Data Center - Manassas, VA | Aug-19 |  | 80,000 |  |  | 79,634 |  |  | — |  |  | Fixed |  | 460,000 sq. ft.
Retail - New York, NY (1) | Jun-18 |  | 60,300 |  |  | 59,775 |  |  | 4,700 |  |  | Floating |  | 84,374 sq. ft.
Office - New York, NY (1) | Jun-18 |  | 105,000 |  |  | 104,005 |  |  | — |  |  | Floating |  | 419,190 sq. ft.
Mixed Use Pre-development - Los Angeles, CA | Dec-18 |  | 50,000 |  |  | 49,252 |  |  | 30,000 |  |  | Floating |  | 75,000 sq. ft.
Total |  |  | $ | 1,659,115 |  |  | $ | 1,641,856 |  |  | $ | 114,978 |  |  |  |  |
(1) | At December 31, 2016, this loan was pledged to secure borrowings under the Company’s master repurchase facility entered into with JPMorgan Chase Bank, N.A. (the “JPMorgan Facility”), the Company's repurchase agreement with Goldman Sachs Bank USA (the “Goldman Loan”) or Company's master repurchase agreement with Deutsche Bank AG (the "DB Repurchase Facility"). See "Note 8 – Borrowings" for a description of this agreements.
(2) | Represents contractual maturity date excluding extension options.

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
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_MortgageLoansOnRealEstateLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_FinancingReceivablePortfolioSegmentAxis=ari_CommercialMortgagePortfolioSegmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |