XML 74 R61.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Secured Debt Arrangements, Net - Additional Information (Details) | 1 Months Ended | 12 Months Ended |  |  |
--- | --- | --- | --- | --- | ---
Jul. 31, 2018 | Jun. 30, 2018 | Nov. 30, 2017 USD ($) | May 31, 2017 USD ($) subsidiary | Dec. 31, 2018 USD ($) | Dec. 31, 2018 GBP (£) | Sep. 30, 2018 USD ($) | Dec. 31, 2017 USD ($) | Dec. 31, 2017 GBP (£)
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |
Borrowings outstanding |  |  |  |  | $ 1,879,522,000 |  |  | $ 1,330,847,000 |
Line of Credit [Member] |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |
Maximum borrowing under facility |  |  |  |  | 3,124,725,000 |  |  | 2,290,139,000 |
Securities sold under agreements to repurchase, gross |  |  |  |  | 1,897,077,000 |  |  |  |
Borrowings outstanding |  |  |  |  | 1,879,522,000 |  |  | 1,330,847,000 |
Line of Credit [Member] | JP Morgan Facility [Member] |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |
Securities sold under agreements to repurchase, gross |  |  |  |  | $ 728,638,000 |  |  |  |
Line of Credit [Member] | DB Repurchase Facility [Member] |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |
Maximum borrowing under facility |  |  |  |  |  |  | $ 1,000,000,000 |  |
Extension option |  |  |  |  | 1 year |  |  |  |
Securities sold under agreements to repurchase, gross |  |  |  |  | $ 570,642,000 |  |  |  |
Borrowings outstanding |  |  |  |  | 570,600,000 | £ 118,300,000 |  |  |
Line of Credit [Member] | Goldman Sachs Repurchase Facility [Member] |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |
Maximum borrowing under facility |  |  | $ 300,000,000 |  | 300,000,000 |  |  | 331,130,000 |
Extension option |  |  | 1 year |  |  |  |  |  |
Securities sold under agreements to repurchase, gross |  |  |  |  | 210,072,000 |  |  |  |
Borrowings outstanding |  |  |  |  | 210,072,000 |  |  | 81,380,000 |
Line of Credit [Member] | Credit Suisse Facility [Member] |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |
Term after either party notifies the other party of intention to terminate |  | 6 months |  |  |  |  |  |  |
Line of Credit [Member] | HSBC Facility [Member] |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |
Securities sold under agreements to repurchase, gross |  |  |  |  | 48,835,000 |  |  |  |
Line of credit, amount outstanding |  |  |  |  | 48,800,000 | 38,300,000 |  |  |
JP Morgan Facility [Member] | Line of Credit [Member] | JP Morgan Facility [Member] |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |
Number of subsidiaries | subsidiary |  |  |  | 2 |  |  |  |  |
Amended and Restated JPMorgan Facility [Member] | Line of Credit [Member] | JP Morgan Facility [Member] |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |
Maximum borrowing under facility |  |  |  | $ 1,382,000 |  |  |  |  |
Extension option |  |  |  | 1 year |  |  |  |  |
Securities sold under agreements to repurchase, gross |  |  |  |  | 728,600,000 | 38,000,000 |  |  |
Repurchase Facility [Member] | Line of Credit [Member] | JP Morgan Facility [Member] |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |
Maximum borrowing under facility |  |  |  | $ 1,250,000 |  |  |  |  |
Asset Specific Financing [Member] | Line of Credit [Member] | JP Morgan Facility [Member] |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |
Maximum borrowing under facility |  |  |  | $ 132,000,000 |  |  |  |  |
Asset Specific Financing [Member] | Line of Credit [Member] | DB Repurchase Facility [Member] |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |
Line of credit, amount outstanding |  |  |  |  | 54,700,000 |  |  |  |
USD | Line of Credit [Member] | JP Morgan Facility [Member] |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |
Maximum borrowing under facility |  |  |  |  | 1,333,503,000 |  |  | 1,393,000,000 |
Borrowings outstanding |  |  |  |  | 680,141,000 |  |  | 944,529,000 |
USD | Line of Credit [Member] | DB Repurchase Facility [Member] |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |
Maximum borrowing under facility |  |  |  |  | 904,181,000 |  |  | 472,090,000 |
Borrowings outstanding |  |  |  |  | 419,823,000 |  |  | $ 225,367,000 |
USD | Line of Credit [Member] | Credit Suisse Facility [Member] |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |
Maximum borrowing under facility |  |  |  |  | 187,117,000 |  |  |  |
Securities sold under agreements to repurchase, gross |  |  |  |  | 187,117,000 |  |  |  |
Borrowings outstanding |  |  |  |  | 187,117,000 |  |  |  |
Term after either party notifies the other party of intention to terminate | 6 months |  |  |  |  |  |  |  |
GBP | Line of Credit [Member] | JP Morgan Facility [Member] |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |
Maximum borrowing under facility |  |  |  |  | 48,497,000 |  |  |  |
Borrowings outstanding |  |  |  |  | 48,497,000 |  |  |  |
GBP | Line of Credit [Member] | DB Repurchase Facility [Member] |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |
Maximum borrowing under facility | £ |  |  |  |  |  | 150,819,000 |  |  | £ 93,919,000
Borrowings outstanding | £ |  |  |  |  |  | 150,819,000 |  |  | £ 93,919,000
GBP | Line of Credit [Member] | Credit Suisse Facility [Member] |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |
Maximum borrowing under facility |  |  |  |  | 151,773,000 |  |  |  |
Securities sold under agreements to repurchase, gross |  |  |  |  | 151,773,000 |  |  |  |
Borrowings outstanding |  |  |  |  | 151,773,000 | £ 119,000,000 |  |  |
GBP | Line of Credit [Member] | HSBC Facility [Member] |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |
Maximum borrowing under facility |  |  |  |  | 48,835,000 |  |  |  |
Borrowings outstanding |  |  |  |  | $ 48,835,000 |  |  |  |

X
- Definition Debt instrument extension period. + References No definition available. + Details
Name: | ari_DebtInstrumentExtensionPeriod
Namespace Prefix: | ari_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Definition Debt Instrument, Notification Of Intention To Terminate, Expiration Period + References No definition available. + Details
Name: | ari_DebtInstrumentNotificationOfIntentionToTerminateExpirationPeriod
Namespace Prefix: | ari_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Definition Number of Subsidiaries, Covenant Terms + References No definition available. + Details
Name: | ari_NumberofSubsidiariesCovenantTerms
Namespace Prefix: | ari_
Data Type: | xbrli:integerItemType
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_DebtInstrumentLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The carrying value as of the balance sheet date of the current and noncurrent portions of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(16)) -URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(16)) -URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910 + Details
Name: | us-gaap_LineOfCredit
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount, after the effects of master netting arrangements, of funds outstanding borrowed in the form of a security repurchase agreement between the entity and another party for the sale and repurchase of identical or substantially the same securities at a date certain for a specified price. Includes liabilities not subject to a master netting arrangement and not elected to be offset. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 55 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=99393222&loc=SL20226008-175313 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 50 -Paragraph 3 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=51824906&loc=SL20225862-175312 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=49176635&loc=d3e9760-107771 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.13(1)) -URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(m)(1)(a)(i)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 + Details
Name: | us-gaap_SecuritiesSoldUnderAgreementsToRepurchase
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount, before effects of master netting arrangements, of funds outstanding borrowed in the form of a security repurchase agreement between the entity and another party for the sale and repurchase of identical or substantially the same securities at a date certain for a specified price. Includes liabilities elected not to be offset. Excludes liabilities not subject to a master netting arrangement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 50 -Paragraph 3 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=51824906&loc=SL20225862-175312 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 55 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=99393222&loc=SL20226000-175313 + Details
Name: | us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseGross
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Details
Name: | us-gaap_CreditFacilityAxis=us-gaap_LineOfCreditMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LineOfCreditFacilityAxis=ari_JPMorganChaseMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LineOfCreditFacilityAxis=ari_DeutscheBankRepurchaseFacilityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LineOfCreditFacilityAxis=ari_GoldmanSachsRepurchaseFacilityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LineOfCreditFacilityAxis=ari_CreditSuisseFacilityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LineOfCreditFacilityAxis=ari_HSBCFacilityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=ari_JPMorganFacilityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=ari_AmendedandRestatedJPMorganFacilityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=ari_RepurchaseFacilityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=ari_AssetSpecificFinancingMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_CurrencyAxis=currency_USD
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_CurrencyAxis=currency_GBP
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |