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Share-Based Payments | 6 Months Ended
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Jun. 30, 2017
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 (as amended from time to time, 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 $3,461 and $7,252, respectively, for the three and six months ended June 30, 2017, related to restricted stock and RSU vesting. The Company recognized stock-based compensation expense of $1,938 and $3,606, respectively, for the three and six months ended June 30, 2016, related to restricted common stock and RSU vesting. The following table summarizes the activity related to restricted common stock and RSUs during the six months ended June 30, 2017:
| Type | Date |  | Restricted Stock |  | RSUs |  | Estimated Fair Value on Grant Date |  | Initial Vesting |  | Final Vesting
Outstanding at December 31, 2016 |  | 150,110 |  |  | 1,703,775 |  |  |  |  |  |  |
| Cancelled upon delivery | January 2017 |  | — |  |  | (332,349 | ) |  | n/a |  |  | n/a |  | n/a
| Vested | January 2017 |  | (5,161 | ) |  | — |  |  | n/a |  |  | n/a |  | n/a
| Forfeiture | March 2017 |  | — |  |  | (1,971 | ) |  | n/a |  |  | n/a |  | n/a
| Vested | April 2017 |  | (5,164 | ) |  |  |  | n/a |  |  | n/a |  | n/a
| Grant | April 2017 |  | 14,674 |  |  | — |  |  | $ | 275 |  |  | April 2018 |  | April 2020
| Canceled upon delivery | May 2017 |  | — |  |  | (1,971 | ) |  | n/a |  |  | n/a |  | n/a
Outstanding at June 30, 2017 |  | 154,459 |  |  | 1,367,484 |  |  |  |  |  |  |
Below is a summary of restricted stock and RSU vesting dates as of June 30, 2017.
Vesting Date | Restricted Stock Vesting |  | RSU Vesting |  | Total Awards
July 2017 | 4,004 |  |  | 544 |  |  | 4,548 |
October 2017 | 3,997 |  |  | — |  |  | 3,997 |
December 2017 | 53,923 |  |  | 601,218 |  |  | 655,141 |
January 2018 | 2,749 |  |  | — |  |  | 2,749 |
April 2018 | 7,645 |  |  | — |  |  | 7,645 |
June 2018 | — |  |  | 544 |  |  | 544 |
July 2018 | 1,420 |  |  | — |  |  | 1,420 |
October 2018 | 1,424 |  |  | — |  |  | 1,424 |
December 2018 | 41,670 |  |  | 484,066 |  |  | 525,736 |
January 2019 | 1,419 |  |  | — |  |  | 1,419 |
April 2019 | 6,314 |  |  | — |  |  | 6,314 |
December 2019 | 25,000 |  |  | 281,112 |  |  | 306,112 |
April 2020 | 4,894 |  |  | — |  |  | 4,894 |
| 154,459 |  |  | 1,367,484 |  |  | 1,521,943 |
At June 30, 2017, the Company had unrecognized compensation expense of approximately $2,063 and $19,937, respectively, related to the vesting of restricted stock awards and RSUs noted in the table above. RSU Deliveries During the six months ended June 30, 2017, the Company delivered 200,569 shares of common stock for 334,320 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 condensed consolidated statement of changes in stockholders' equity. The adjustment was $2,330 for the six months ended June 30, 2017, and is included as a reduction of capital increase 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 -URI http://asc.fasb.org/topic&trid=2228938 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 50 -URI http://asc.fasb.org/subtopic&trid=2208855 + Details
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