<SEC-DOCUMENT>0001193125-20-136832.txt : 20200508
<SEC-HEADER>0001193125-20-136832.hdr.sgml : 20200508
<ACCEPTANCE-DATETIME>20200508061039
ACCESSION NUMBER:		0001193125-20-136832
CONFORMED SUBMISSION TYPE:	8-K/A
PUBLIC DOCUMENT COUNT:		14
CONFORMED PERIOD OF REPORT:	20200507
ITEM INFORMATION:		Results of Operations and Financial Condition
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20200508
DATE AS OF CHANGE:		20200508

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Apollo Commercial Real Estate Finance, Inc.
		CENTRAL INDEX KEY:			0001467760
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE INVESTMENT TRUSTS [6798]
		IRS NUMBER:				270467113
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-34452
		FILM NUMBER:		20858533

	BUSINESS ADDRESS:	
		STREET 1:		C/O APOLLO GLOBAL MANAGEMENT, LLC
		STREET 2:		9 WEST 57TH STREET, 43RD FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10019
		BUSINESS PHONE:		(212) 515-3200

	MAIL ADDRESS:	
		STREET 1:		C/O APOLLO GLOBAL MANAGEMENT, LLC
		STREET 2:		9 WEST 57TH STREET, 43RD FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10019
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K/A
<SEQUENCE>1
<FILENAME>d904911d8ka.htm
<DESCRIPTION>8-K/A
<TEXT>
<XBRL>
<?xml version="1.0" encoding="utf-8" ?>
<html xmlns:dei="http://xbrl.sec.gov/dei/2019-01-31" xmlns:us-types="http://fasb.org/us-types/2019-01-31" xmlns:nonnum="http://www.xbrl.org/dtr/type/non-numeric" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:ari="http://www.apolloreit.com/20200507" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:utr="http://www.xbrl.org/2009/utr" xmlns:iso4217="http://www.xbrl.org/2003/iso4217" xmlns:ix="http://www.xbrl.org/2013/inlineXBRL" xmlns:ixt="http://www.xbrl.org/inlineXBRL/transformation/2015-02-26" xmlns:ixt-sec="http://www.sec.gov/inlineXBRL/transformation/2015-08-31" xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:xbrldi="http://xbrl.org/2006/xbrldi" xmlns="http://www.w3.org/1999/xhtml">
<head>
<title>8-K/A</title>
<meta http-equiv="Content-Type" content="text/html" />
</head>
   <body>
 <div style="display:none"> <ix:header> <ix:hidden> <ix:nonNumeric name="dei:AmendmentFlag" contextRef="duration_2020-05-07_to_2020-05-07">true</ix:nonNumeric> <ix:nonNumeric id="Hidden_dei_EntityCentralIndexKey" name="dei:EntityCentralIndexKey" contextRef="duration_2020-05-07_to_2020-05-07">0001467760</ix:nonNumeric> </ix:hidden> <ix:references> <link:schemaRef xlink:type="simple" xlink:href="ari-20200507.xsd" xlink:arcrole="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:link="http://www.xbrl.org/2003/linkbase"></link:schemaRef> </ix:references> <ix:resources> <xbrli:context id="duration_2020-05-07_to_2020-05-07"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001467760</xbrli:identifier> </xbrli:entity> <xbrli:period> <xbrli:startDate>2020-05-07</xbrli:startDate> <xbrli:endDate>2020-05-07</xbrli:endDate> </xbrli:period> </xbrli:context> </ix:resources> </ix:header> </div> <div style="font-size:10pt;width:8.5in;margin:0 auto"> <div style="text-align:center"> <p style="line-height:0.5pt;border-bottom:0.50px solid #000000;width:100%;margin-top:0pt;margin-bottom:0pt">&#160;</p></div> <div style="text-align:center"> <p style="line-height:3pt;border-bottom:0.50px solid #000000;width:100%;margin-top:0pt;margin-bottom:2pt">&#160;</p></div> <p style="margin-bottom:0px;margin-top:4pt"></p> <p style="font-family:Times New Roman;font-weight:bold;text-align:center;font-size:18pt;margin-bottom:0pt;margin-top:0pt">UNITED STATES</p> <p style="font-family:Times New Roman;font-weight:bold;text-align:center;font-size:18pt;margin-bottom:0pt;margin-top:0pt">SECURITIES AND EXCHANGE COMMISSION</p> <p style="font-family:Times New Roman;font-weight:bold;text-align:center;font-size:12pt;margin-bottom:0pt;margin-top:0pt">Washington, D.C. 20549</p><div style="text-align:center"> <p style="line-height:6pt;margin-left:auto;border-bottom:1px solid #000000;width:21.05%;margin-right:auto;margin-top:10pt;margin-bottom:0px">&#160;</p></div> <p style="font-family:Times New Roman;font-weight:bold;text-align:center;font-size:18pt;margin-bottom:0px;margin-top:10pt">FORM <ix:nonNumeric name="dei:DocumentType" contextRef="duration_2020-05-07_to_2020-05-07">8-K/A</ix:nonNumeric></p><div style="text-align:center"> <p style="line-height:6pt;margin-left:auto;border-bottom:1px solid #000000;width:21.05%;margin-right:auto;margin-top:10pt;margin-bottom:0px">&#160;</p></div> <p style="font-family:Times New Roman;font-weight:bold;text-align:center;font-size:12pt;margin-bottom:0px;margin-top:10pt">CURRENT REPORT</p> <p style="font-family:Times New Roman;font-weight:bold;text-align:center;font-size:12pt;margin-bottom:0pt;margin-top:0pt">Pursuant to Section 13 or 15(d)</p> <p style="font-family:Times New Roman;font-weight:bold;text-align:center;font-size:12pt;margin-bottom:0pt;margin-top:0pt">of The Securities Exchange Act of 1934</p> <p style="font-family:Times New Roman;font-weight:bold;text-align:center;font-size:12pt;margin-bottom:0px;margin-top:10pt">Date of Report (Date of earliest event reported): <ix:nonNumeric name="dei:DocumentPeriodEndDate" contextRef="duration_2020-05-07_to_2020-05-07" format="ixt:datemonthdayyearen">May 7, 2020</ix:nonNumeric></p><div style="text-align:center"> <p style="line-height:6pt;margin-left:auto;border-bottom:1px solid #000000;width:21.05%;margin-right:auto;margin-top:10pt;margin-bottom:0px">&#160;</p></div> <p style="font-family:Times New Roman;font-weight:bold;text-align:center;font-size:24pt;margin-bottom:0px;margin-top:10pt"><ix:nonNumeric contextRef="duration_2020-05-07_to_2020-05-07" name="dei:EntityRegistrantName">Apollo Commercial Real Estate Finance, Inc.</ix:nonNumeric></p> <p style="font-family:Times New Roman;font-weight:bold;text-align:center;font-size:10pt;margin-bottom:0pt;margin-top:0pt">(Exact name of registrant as specified in its charter)</p><div style="text-align:center"> <p style="line-height:6pt;margin-left:auto;border-bottom:1px solid #000000;width:21.05%;margin-right:auto;margin-top:10pt;margin-bottom:0px">&#160;</p></div>
<table cellspacing="0" cellpadding="0" border="0" style="font-size:8pt;border-collapse:separate;border-spacing:0;width:100%;margin-bottom:0px;margin-top:10pt;margin-left:auto;margin-right:auto">
<tr>
<td style="width:34%;"></td>
<td></td>
<td style="width:33%;"></td>
<td style="width:1%;"></td>
<td style="width:33%;"></td></tr>
<tr style="page-break-inside:avoid;font-size:10pt;">
<td style="vertical-align:top;padding:0;"><p style="font-family:Times New Roman;font-weight:bold;text-align:center;font-size:10pt;margin-bottom:0pt;margin-top:0pt"><ix:nonNumeric contextRef="duration_2020-05-07_to_2020-05-07" name="dei:EntityIncorporationStateCountryCode" format="ixt-sec:stateprovnameen">Maryland</ix:nonNumeric></p></td>
<td style="vertical-align:top;">&#160;</td>
<td style="vertical-align:top;padding:0;"><p style="font-family:Times New Roman;font-weight:bold;text-align:center;font-size:10pt;margin-bottom:0pt;margin-top:0pt"><ix:nonNumeric contextRef="duration_2020-05-07_to_2020-05-07" name="dei:EntityFileNumber">001-34452</ix:nonNumeric></p></td>
<td style="vertical-align:top;">&#160;</td>
<td style="vertical-align:top;padding:0;"><p style="font-family:Times New Roman;font-weight:bold;text-align:center;font-size:10pt;margin-bottom:0pt;margin-top:0pt"><ix:nonNumeric contextRef="duration_2020-05-07_to_2020-05-07" name="dei:EntityTaxIdentificationNumber">27-0467113</ix:nonNumeric></p></td></tr>
<tr style="page-break-inside:avoid;font-size:8pt;">
<td style="vertical-align:top;padding:0;"><p style="font-family:Times New Roman;font-weight:bold;text-align:center;font-size:8pt;margin-bottom:0pt;margin-top:0pt">(State or other jurisdiction</p><p style="font-family:Times New Roman;font-weight:bold;text-align:center;font-size:8pt;margin-bottom:0pt;margin-top:0pt">of incorporation)</p></td>
<td style="vertical-align:top;">&#160;</td>
<td style="vertical-align:top;padding:0;"><p style="font-family:Times New Roman;font-weight:bold;text-align:center;font-size:8pt;margin-bottom:0pt;margin-top:0pt">(Commission</p><p style="font-family:Times New Roman;font-weight:bold;text-align:center;font-size:8pt;margin-bottom:0pt;margin-top:0pt">File Number)</p></td>
<td style="vertical-align:top;">&#160;</td>
<td style="vertical-align:top;padding:0;"><p style="font-family:Times New Roman;font-weight:bold;text-align:center;font-size:8pt;margin-bottom:0pt;margin-top:0pt">(IRS Employer</p><p style="font-family:Times New Roman;font-weight:bold;text-align:center;font-size:8pt;margin-bottom:0pt;margin-top:0pt">Identification No.)</p></td></tr> </table>
<table cellspacing="0" cellpadding="0" border="0" style="font-size:10pt;border-collapse:separate;border-spacing:0;width:100%;margin-bottom:0px;margin-top:10pt;margin-left:auto;margin-right:auto">
<tr>
<td style="width:50%;"></td>
<td style="width:1%;"></td>
<td style="width:48%;"></td></tr>
<tr style="page-break-inside:avoid;font-size:10pt;">
<td style="vertical-align:bottom;"><p style="font-family:Times New Roman;font-weight:bold;text-align:center;font-size:10pt;margin-bottom:0pt;margin-top:0pt"><ix:nonNumeric contextRef="duration_2020-05-07_to_2020-05-07" name="dei:EntityAddressAddressLine1">c/o Apollo Global Management, Inc.</ix:nonNumeric></p><p style="font-family:Times New Roman;font-weight:bold;text-align:center;font-size:10pt;margin-bottom:0pt;margin-top:0pt"><ix:nonNumeric contextRef="duration_2020-05-07_to_2020-05-07" name="dei:EntityAddressAddressLine2">9 West 57th Street</ix:nonNumeric>, <ix:nonNumeric contextRef="duration_2020-05-07_to_2020-05-07" name="dei:EntityAddressAddressLine3">43rd Floor</ix:nonNumeric></p><p style="font-family:Times New Roman;font-weight:bold;text-align:center;font-size:10pt;margin-bottom:0pt;margin-top:0pt"><ix:nonNumeric name="dei:EntityAddressCityOrTown" contextRef="duration_2020-05-07_to_2020-05-07"><ix:nonNumeric name="dei:EntityAddressStateOrProvince" contextRef="duration_2020-05-07_to_2020-05-07" format="ixt-sec:stateprovnameen">New York</ix:nonNumeric></ix:nonNumeric>, New York</p></td>
<td style="vertical-align:bottom;"> </td>
<td style="vertical-align:bottom;"><p style="font-family:Times New Roman;font-weight:bold;text-align:center;font-size:10pt;margin-bottom:0pt;margin-top:0pt"><ix:nonNumeric contextRef="duration_2020-05-07_to_2020-05-07" name="dei:EntityAddressPostalZipCode">10019</ix:nonNumeric></p></td></tr>
<tr style="page-break-inside:avoid;font-size:8pt;">
<td style="vertical-align:top;padding:0;"><p style="font-family:Times New Roman;font-weight:bold;text-align:center;font-size:8pt;margin-bottom:0pt;margin-top:0pt">(Address of principal executive offices)</p></td>
<td style="vertical-align:top;">&#160;</td>
<td style="vertical-align:top;padding:0;"><p style="font-family:Times New Roman;font-weight:bold;text-align:center;font-size:8pt;margin-bottom:0pt;margin-top:0pt">(Zip Code)</p></td></tr> </table> <p style="font-family:Times New Roman;font-weight:bold;text-align:center;font-size:10pt;margin-bottom:0px;margin-top:10pt">Registrant&#8217;s telephone number, including area code: <ix:nonNumeric contextRef="duration_2020-05-07_to_2020-05-07" name="dei:CityAreaCode">(212)</ix:nonNumeric> <ix:nonNumeric contextRef="duration_2020-05-07_to_2020-05-07" name="dei:LocalPhoneNumber">515-3200</ix:nonNumeric></p> <p style="font-family:Times New Roman;font-weight:bold;text-align:center;font-size:10pt;margin-bottom:0px;margin-top:10pt">n/a</p> <p style="font-family:Times New Roman;font-weight:bold;text-align:center;font-size:8pt;margin-bottom:0pt;margin-top:0pt">(Former name or former address, if changed since last report.)</p><div style="text-align:center"> <p style="line-height:6pt;margin-left:auto;border-bottom:1px solid #000000;width:21.05%;margin-right:auto;margin-top:10pt;margin-bottom:0px">&#160;</p></div> <p style="font-family:Times New Roman;text-align:left;font-size:10pt;margin-bottom:0px;margin-top:10pt">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (<span style="text-decoration:underline">see</span> General Instruction A.2. below):</p> <p style="margin-bottom:0px;margin-top:6pt"></p>
<table cellspacing="0" cellpadding="0" border="0" style="font-family:Times New Roman;border-collapse:collapse;text-align:left;width:100%;font-size:10pt;margin-bottom:0pt;margin-top:0pt;border:0;">
<tr style="page-break-inside:avoid;">
<td style="width:4%;vertical-align:top;white-space:nowrap;"> <span style="font-family:Times New Roman;font-weight:normal"><ix:nonNumeric contextRef="duration_2020-05-07_to_2020-05-07" name="dei:WrittenCommunications" format="ixt-sec:boolballotbox">&#9744;</ix:nonNumeric></span></td>
<td style="font-family:Times New Roman;text-align:left;font-size:10pt;margin-bottom:0pt;margin-top:0pt;">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</td></tr> </table> <p style="margin-bottom:0px;margin-top:6pt"></p>
<table cellspacing="0" cellpadding="0" border="0" style="font-family:Times New Roman;border-collapse:collapse;text-align:left;width:100%;font-size:10pt;margin-bottom:0pt;margin-top:0pt;border:0;">
<tr style="page-break-inside:avoid;">
<td style="width:4%;vertical-align:top;white-space:nowrap;"> <span style="font-family:Times New Roman;font-weight:normal"><ix:nonNumeric contextRef="duration_2020-05-07_to_2020-05-07" name="dei:SolicitingMaterial" format="ixt-sec:boolballotbox">&#9744;</ix:nonNumeric></span></td>
<td style="font-family:Times New Roman;text-align:left;font-size:10pt;margin-bottom:0pt;margin-top:0pt;">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</td></tr> </table> <p style="margin-bottom:0px;margin-top:6pt"></p>
<table cellspacing="0" cellpadding="0" border="0" style="font-family:Times New Roman;border-collapse:collapse;text-align:left;width:100%;font-size:10pt;margin-bottom:0pt;margin-top:0pt;border:0;">
<tr style="page-break-inside:avoid;">
<td style="width:4%;vertical-align:top;white-space:nowrap;"> <span style="font-family:Times New Roman;font-weight:normal"><ix:nonNumeric contextRef="duration_2020-05-07_to_2020-05-07" name="dei:PreCommencementTenderOffer" format="ixt-sec:boolballotbox">&#9744;</ix:nonNumeric></span></td>
<td style="font-family:Times New Roman;text-align:left;font-size:10pt;margin-bottom:0pt;margin-top:0pt;">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</td></tr> </table> <p style="margin-bottom:0px;margin-top:6pt"></p>
<table cellspacing="0" cellpadding="0" border="0" style="font-family:Times New Roman;border-collapse:collapse;text-align:left;width:100%;font-size:10pt;margin-bottom:0pt;margin-top:0pt;border:0;">
<tr style="page-break-inside:avoid;">
<td style="width:4%;vertical-align:top;white-space:nowrap;"> <span style="font-family:Times New Roman;font-weight:normal"><ix:nonNumeric contextRef="duration_2020-05-07_to_2020-05-07" name="dei:PreCommencementIssuerTenderOffer" format="ixt-sec:boolballotbox">&#9744;</ix:nonNumeric></span></td>
<td style="font-family:Times New Roman;text-align:left;font-size:10pt;margin-bottom:0pt;margin-top:0pt;">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</td></tr> </table> <p style="font-family:Times New Roman;text-align:left;font-size:10pt;margin-bottom:0px;margin-top:10pt">Securities registered pursuant to Section&#160;12(b) of the Act:</p>
<table cellspacing="0" cellpadding="0" border="0" style="font-size:8pt;border-collapse:separate;border-spacing:0;width:100%;margin-bottom:0px;margin-top:10pt;margin-left:auto;margin-right:auto">
<tr>
<td style="width:34%;"></td>
<td></td>
<td style="width:33%;"></td>
<td style="width:1%;"></td>
<td style="width:33%;"></td></tr>
<tr style="page-break-inside:avoid;font-size:8pt;">
<td style="border-bottom:1pt solid #000000;white-space:nowrap;vertical-align:bottom;"><p style="font-family:Times New Roman;font-weight:bold;text-align:center;font-size:8pt;margin-bottom:0pt;margin-top:0pt">Title of each class</p></td>
<td style="vertical-align:bottom;">&#160;</td>
<td style="border-bottom:1pt solid #000000;vertical-align:bottom;"><p style="font-family:Times New Roman;font-weight:bold;text-align:center;font-size:8pt;margin-bottom:0pt;margin-top:0pt">Trading</p><p style="font-family:Times New Roman;font-weight:bold;text-align:center;font-size:8pt;margin-bottom:0pt;margin-top:0pt">Symbol(s)</p></td>
<td style="vertical-align:bottom;">&#160;</td>
<td style="border-bottom:1pt solid #000000;vertical-align:bottom;"><p style="font-family:Times New Roman;font-weight:bold;text-align:center;font-size:8pt;margin-bottom:0pt;margin-top:0pt">Name of each exchange</p><p style="font-family:Times New Roman;font-weight:bold;text-align:center;font-size:8pt;margin-bottom:0pt;margin-top:0pt">on which registered</p></td></tr>
<tr style="page-break-inside:avoid;font-size:10pt;">
<td style="vertical-align:top;padding:0;"><p style="font-family:Times New Roman;font-weight:bold;text-align:center;font-size:10pt;margin-bottom:0pt;margin-top:0pt"><ix:nonNumeric contextRef="duration_2020-05-07_to_2020-05-07" name="dei:Security12bTitle">Common Stock, $0.01 par value</ix:nonNumeric></p></td>
<td style="vertical-align:top;">&#160;</td>
<td style="vertical-align:top;padding:0;"><p style="font-family:Times New Roman;font-weight:bold;text-align:center;font-size:10pt;margin-bottom:0pt;margin-top:0pt"><ix:nonNumeric contextRef="duration_2020-05-07_to_2020-05-07" name="dei:TradingSymbol">ARI</ix:nonNumeric></p></td>
<td style="vertical-align:top;">&#160;</td>
<td style="vertical-align:top;padding:0;"><p style="font-family:Times New Roman;font-weight:bold;text-align:center;font-size:10pt;margin-bottom:0pt;margin-top:0pt"><ix:nonNumeric contextRef="duration_2020-05-07_to_2020-05-07" name="dei:SecurityExchangeName" format="ixt-sec:exchnameen">New York Stock Exchange</ix:nonNumeric></p></td></tr> </table> <p style="font-family:Times New Roman;text-align:left;font-size:10pt;margin-bottom:0px;margin-top:10pt">Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (&#167;230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (&#167;240.12b-2 of this chapter).</p> <p style="font-family:Times New Roman;text-align:right;font-size:10pt;margin-bottom:0px;margin-top:10pt">Emerging Growth Company&#160;&#160;<span style="font-family:Times New Roman;font-weight:normal"><ix:nonNumeric contextRef="duration_2020-05-07_to_2020-05-07" name="dei:EntityEmergingGrowthCompany" format="ixt-sec:boolballotbox">&#9744;</ix:nonNumeric></span></p> <p style="font-family:Times New Roman;text-align:left;font-size:10pt;margin-bottom:0px;margin-top:10pt">If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.&#160;&#160;<span style="font-family:Times New Roman;font-weight:normal">&#9744;</span></p> <p style="margin-bottom:0px;margin-top:10pt"></p><div style="text-align:center"> <p style="line-height:0.5pt;border-bottom:0.50px solid #000000;width:100%;margin-top:0pt;margin-bottom:0pt">&#160;</p></div><div style="text-align:center"> <p style="line-height:3pt;border-bottom:0.50px solid #000000;width:100%;margin-top:0pt;margin-bottom:2pt">&#160;</p></div><div></div> <p style="margin-top:1em;margin-bottom:0em"></p></div> <p style="margin-top:1em; margin-bottom:0em; page-break-before:always"></p> <hr style="color:#999999;height:3px;width:100%" /><div style="font-size:10pt;width:8.5in;margin:0 auto"> <p style="font-family:Times New Roman;font-weight:bold;text-align:left;font-size:10pt;margin-bottom:0pt;margin-top:0pt"> <span style="font-weight:Bold;font-style:normal">Explanatory Note</span></p> <p style="font-family:Times New Roman;text-align:left;font-size:10pt;margin-bottom:0px;margin-top:6pt"><ix:nonNumeric contextRef="duration_2020-05-07_to_2020-05-07" name="dei:AmendmentDescription">On May 7, 2020, Apollo Commercial Real Estate Finance, Inc. (the &#8220;Company&#8221;) issued a summary press release and a detailed presentation announcing its financial results for the quarter ended March 31, 2020, and furnished the summary press release and financial results presentation with a Current Report on Form 8-K (the &#8220;Initial 8-K&#8221;). On May 7, 2020, the Company issued a corrected summary press release, in which the time of the earnings teleconference call has been corrected to 9:00 a.m. on Friday, May 8, 2020, not 10:00 a.m. as previously stated. The Company is filing this Current Report on Form 8-K/A solely to furnish a copy of the corrected summary press release. No other information in the summary press release or financial results presentation furnished with the Initial 8-K has been modified.</ix:nonNumeric></p> <p style="margin-bottom:0px;margin-top:18pt"></p>
<table cellspacing="0" cellpadding="0" border="0" style="font-family:Times New Roman;font-weight:bold;border-collapse:collapse;text-align:left;width:100%;font-size:10pt;margin-bottom:0pt;margin-top:0pt;border:0;">
<tr style="page-break-inside:avoid;">
<td style="width:10%;vertical-align:top;white-space:nowrap;"> <span style="font-weight:Bold;font-style:normal">Item&#160;2.02 </span></td>
<td style="font-family:Times New Roman;font-weight:bold;text-align:left;font-size:10pt;margin-bottom:0pt;margin-top:0pt;"> <span style="font-weight:Bold;font-style:normal">Results of Operations and Financial Condition.</span></td></tr></table> <p style="font-family:Times New Roman;text-align:left;font-size:10pt;margin-bottom:0px;margin-top:6pt">On May 7, 2020, the Company issued a corrected summary press release regarding its financial results for the quarter ended March 31, 2020, in which the time of the earnings teleconference call has been corrected to 9:00 a.m. on Friday, May 8, 2020. A copy of the corrected summary press release is attached as Exhibit 99.1 hereto and incorporated herein by reference.</p> <p style="font-family:Times New Roman;text-align:left;font-size:10pt;margin-bottom:0px;margin-top:12pt">The information in this Current Report, including Exhibit 99.1, is being furnished and shall not be deemed &#8220;filed&#8221; for purposes of Section&#160;18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section. The information in this Current Report shall not be incorporated by reference into any registration statement or other document pursuant to the Securities Act of 1933, as amended, unless it is specifically incorporated by reference therein.</p> <p style="margin-bottom:0px;margin-top:18pt"></p>
<table cellspacing="0" cellpadding="0" border="0" style="font-family:Times New Roman;font-weight:bold;border-collapse:collapse;text-align:left;width:100%;font-size:10pt;margin-bottom:0pt;margin-top:0pt;border:0;">
<tr style="page-break-inside:avoid;">
<td style="width:10%;vertical-align:top;white-space:nowrap;"> <span style="font-weight:Bold;font-style:normal">Item&#160;9.01 </span></td>
<td style="font-family:Times New Roman;font-weight:bold;text-align:left;font-size:10pt;margin-bottom:0pt;margin-top:0pt;"> <span style="font-weight:Bold;font-style:normal">Financial Statements and Exhibits.</span></td></tr></table> <p style="font-family:Times New Roman;text-align:left;font-size:10pt;margin-bottom:0px;margin-top:6pt">(d)&#160;&#160;&#160;&#160;<span style="text-decoration:underline">Exhibits</span>.</p>
<table cellspacing="0" cellpadding="0" border="0" style="font-size:10pt;border-collapse:separate;border-spacing:0;width:100%;margin-bottom:0px;margin-top:12pt;margin-left:auto;margin-right:auto">
<tr>
<td></td>
<td></td>
<td></td>
<td style="width:5%;"></td>
<td style="width:92%;"></td></tr>
<tr style="page-break-inside:avoid;font-size:8pt;">
<td colspan="2" style="white-space:nowrap;vertical-align:bottom;text-align:center;"> <p style="font-family:Times New Roman;font-weight:bold;text-align:center;font-size:8pt;margin-bottom:0pt;margin-top:0pt"> <span style="font-weight:Bold;font-style:normal">Exhibit</span></p> <p style="font-family:Times New Roman;font-weight:bold;text-align:center;font-size:8pt;margin-bottom:0pt;margin-top:0pt;border-bottom:1pt solid #000000;display:inline-block">&#160;&#160;&#160;&#160;<span style="font-weight:Bold;font-style:normal">No.</span>&#160;&#160;&#160;&#160;</p></td>
<td style="white-space:nowrap;vertical-align:bottom;font-weight:bold;padding-right:2pt;margin-bottom:0pt;margin-top:0pt;display:inline-block;">&#160;</td>
<td style="vertical-align:bottom;">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:left;"> <p style="font-family:Times New Roman;font-weight:bold;text-align:left;font-size:8pt;margin-bottom:0pt;margin-top:0pt;border-bottom:1pt solid #000000;display:inline-block"> <span style="font-weight:Bold;font-style:normal">Description</span></p></td></tr>
<tr style="font-size:1pt;">
<td style="height:8px;">&#160;</td>
<td style="height:8px;">&#160;</td>
<td style="height:8px;">&#160;</td>
<td style="height:8px;">&#160;</td>
<td style="height:8px;">&#160;</td></tr>
<tr style="page-break-inside:avoid;font-size:10pt;">
<td style="white-space:nowrap;vertical-align:top;padding:0;font-family:Times New Roman;font-size:10pt;margin-bottom:0pt;margin-top:0pt;">&#160;</td>
<td style="white-space:nowrap;vertical-align:top;padding:0;text-align:left"> <p style="font-family:Times New Roman;font-size:10pt;margin-bottom:0pt;margin-top:0pt">99.1</p></td>
<td style="white-space:nowrap;vertical-align:top;padding-right:2pt;margin-bottom:0pt;margin-top:0pt;">&#160;</td>
<td style="vertical-align:top;">&#160;</td>
<td style="vertical-align:top;padding:0;"> <p style="font-family:Times New Roman;margin-left:0.00em;text-align:left;text-indent:0.00em;font-size:10pt;margin-bottom:0pt;margin-top:0pt"> <a href="d904911dex991.htm">Corrected summary press release dated May 7, 2020 </a></p></td></tr>
<tr style="font-size:1pt;">
<td style="height:8px;">&#160;</td>
<td style="height:8px;">&#160;</td>
<td style="height:8px;">&#160;</td>
<td style="height:8px;">&#160;</td>
<td style="height:8px;">&#160;</td></tr>
<tr style="page-break-inside:avoid;font-size:10pt;">
<td style="white-space:nowrap;vertical-align:top;padding:0;font-family:Times New Roman;font-size:10pt;margin-bottom:0pt;margin-top:0pt;">&#160;</td>
<td style="white-space:nowrap;vertical-align:top;padding:0;text-align:left"> <p style="font-family:Times New Roman;font-size:10pt;margin-bottom:0pt;margin-top:0pt">104</p></td>
<td style="white-space:nowrap;vertical-align:top;padding-right:2pt;margin-bottom:0pt;margin-top:0pt;">&#160;</td>
<td style="vertical-align:top;">&#160;</td>
<td style="vertical-align:top;padding:0;"> <p style="font-family:Times New Roman;margin-left:0.00em;text-align:left;text-indent:0.00em;font-size:10pt;margin-bottom:0pt;margin-top:0pt">Cover Page Interactive Data File (embedded within the Inline XBRL document)</p></td></tr></table> <p style="font-family:Times New Roman;text-align:left;font-size:10pt;margin-bottom:0pt;margin-top:0pt"></p> <p style="font-family:Times New Roman;text-align:justify;font-size:10pt;margin-bottom:0pt;margin-top:0pt"></p> <div></div> <p style="margin-top:1em;margin-bottom:0em"></p></div> <p style="margin-top:1em; margin-bottom:0em; page-break-before:always"></p> <hr style="color:#999999;height:3px;width:100%" /> <div style="font-size:10pt;width:8.5in;margin:0 auto"> <p style="font-family:Times New Roman;font-weight:bold;text-align:center;font-size:10pt;margin-bottom:0pt;margin-top:0pt">SIGNATURES</p> <p style="font-family:Times New Roman;text-align:left;text-indent:4%;font-size:10pt;margin-bottom:0px;margin-top:12pt">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</p> <div style="float:right;width:100%">
<table cellspacing="0" cellpadding="0" border="0" style="font-size:10pt;border-collapse:separate;border-spacing:0;width:40%;margin-bottom:0px;margin-top:12pt;margin-left:auto;margin-right:0px">
<tr>
<td style="width:12%;"></td>
<td style="width:1%;"></td>
<td style="width:87%;"></td></tr>
<tr style="page-break-inside:avoid;font-size:10pt;">
<td colspan="3" style="vertical-align:bottom;"> <p style="font-family:Times New Roman;font-weight:bold;text-align:left;font-size:10pt;margin-bottom:0pt;margin-top:0pt">Apollo Commercial Real Estate Finance, Inc.</p></td></tr>
<tr style="font-size:1pt;">
<td style="height:16px;">&#160;</td>
<td style="height:16px;">&#160;</td>
<td style="height:16px;">&#160;</td></tr>
<tr style="page-break-inside:avoid;font-size:10pt;">
<td style="vertical-align:top;padding:0;"> <p style="font-family:Times New Roman;text-align:left;font-size:10pt;margin-bottom:0pt;margin-top:0pt">By:</p></td>
<td style="vertical-align:top;">&#160;</td>
<td style="vertical-align:bottom;"> <p style="font-family:Times New Roman;text-align:left;margin-bottom:1pt;font-size:10pt;margin-top:0pt;border-bottom:1px solid #000000">/s/ Stuart A. Rothstein</p></td></tr>
<tr style="page-break-inside:avoid;font-size:10pt;">
<td style="vertical-align:bottom;"> <p style="font-family:Times New Roman;text-align:left;font-size:10pt;margin-bottom:0pt;margin-top:0pt">Name:</p></td>
<td style="vertical-align:bottom;">&#160;</td>
<td style="vertical-align:bottom;"> <p style="font-family:Times New Roman;text-align:left;font-size:10pt;margin-bottom:0pt;margin-top:0pt">Stuart A. Rothstein</p></td></tr>
<tr style="page-break-inside:avoid;font-size:10pt;">
<td style="vertical-align:bottom;"> <p style="font-family:Times New Roman;text-align:left;font-size:10pt;margin-bottom:0pt;margin-top:0pt">Title:</p></td>
<td style="vertical-align:bottom;">&#160;</td>
<td style="vertical-align:bottom;"> <p style="font-family:Times New Roman;text-align:left;font-size:10pt;margin-bottom:0pt;margin-top:0pt">President and Chief Executive Officer</p></td></tr></table></div> <div style="clear:both"></div> <p style="font-family:Times New Roman;margin-left:0%;text-align:left;text-indent:0%;font-size:10pt;margin-bottom:0px;margin-top:12pt">Date: May&#160;8, 2020</p> <div></div> <p style="margin-top:1em;margin-bottom:0em"></p></div></body></html>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>d904911dex991.htm
<DESCRIPTION>EX-99.1
<TEXT>
<HTML><HEAD>
<TITLE>EX-99.1</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Exhibit 99.1 </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="margin-top:0pt;margin-bottom:0pt" ALIGN="right">


<IMG SRC="g904911g0508001016218.jpg" ALT="LOGO">
 </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>

<TD WIDTH="12%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="87%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><B>CONTACT:&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"><B>Hilary Ginsberg</B></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"><B>Investor Relations</B></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"><B>(212) <FONT STYLE="white-space:nowrap">822-0767</FONT></B></TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>CORRECTION - APOLLO COMMERCIAL REAL ESTATE FINANCE, INC. </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>REPORTS FIRST QUARTER 2020 RESULTS </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">New
York, NY, May&nbsp;7, 2020 &#150; In a release under the same headline issued earlier today by Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI), please note that in the fifth paragraph, the time of the earnings teleconference call has been
corrected to 9:00 a.m. on Friday, May 8, 2020, not 10:00 a.m. as previously stated. The corrected release follows: </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Apollo Commercial Real Estate Finance,
Inc. (the &#147;Company&#148; or &#147;ARI&#148;) (NYSE:ARI), today reported results for the quarter ended March&nbsp;31, 2020. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">First quarter 2020 net
loss per share of common stock was $0.86 and Operating Earnings (a <FONT STYLE="white-space:nowrap">non-GAAP</FONT> financial measure defined below) per share of common stock was $0.40. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">&#147;I am extremely proud of the hard work, perseverance and dedication of the team at our Manager, ACREFI Management, LLC, an indirect subsidiary of Apollo
Global Management, Inc. (together with its subsidiaries &#147;Apollo&#148;), that supports ARI, as we navigate and manage through the <FONT STYLE="white-space:nowrap">COVID-19</FONT> pandemic,&#148; said Stuart Rothstein, Chief Executive Officer and
President of the Company.&nbsp;&#147;ARI ended the quarter with over $590&nbsp;million of liquidity and continues to benefit from the tremendous breadth and resources it derives from the Apollo platform.&#148; </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">ARI issued a detailed presentation of the Company&#146;s quarter ended March&nbsp;31, 2020 results, which can be viewed at <U>www.apolloreit.com</U>. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Conference Call and Webcast: </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Members of the public who
are interested in participating in the Company&#146;s first quarter 2020 earnings teleconference call should dial from the U.S., (877) <FONT STYLE="white-space:nowrap">331-6553,</FONT> or from outside the U.S., (760)
<FONT STYLE="white-space:nowrap">666-3769,</FONT> shortly before 9:00 a.m. on Friday, May&nbsp;8, 2020 and reference the Apollo Commercial Real Estate Finance, Inc. Teleconference Call (number 3839797). Please note the teleconference call will be
available for replay beginning at 1:00 p.m. on Friday, May&nbsp;8, 2020 and ending at midnight on Friday, May&nbsp;15, 2020. To access the replay, callers from the U.S. should dial (855) <FONT STYLE="white-space:nowrap">859-2056</FONT> and callers
from outside the U.S. should dial (404) <FONT STYLE="white-space:nowrap">537-3406,</FONT> and enter conference identification number 3839797. The conference call will also be available on the Company&#146;s website at www.apolloreit.com. To listen
to a live broadcast, please go to the site at least 15 minutes prior to the scheduled start time in order to register, download and install any necessary audio software. A replay of the call will also be available for 30 days on the Company&#146;s
website. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Operating Earnings </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Operating Earnings is a
<FONT STYLE="white-space:nowrap">non-GAAP</FONT> financial measure that the Company defines as net income available to common stockholders, computed in accordance with GAAP, adjusted for (i)&nbsp;equity-based compensation expense (a portion of which
may become cash-based upon final vesting and settlement of awards should the holder elect net share settlement to satisfy income tax withholding), (ii)&nbsp;any unrealized gains or losses or other <FONT STYLE="white-space:nowrap">non-cash</FONT>
items included in net income available to common stockholders, (iii)&nbsp;unrealized income from unconsolidated joint ventures, (iv)&nbsp;foreign currency gains/(losses), other than (a)&nbsp;realized gains/(losses) related to interest income, and
(b)&nbsp;forward point gains/(losses) realized on the Company&#146;s foreign currency hedges, (v)&nbsp;the <FONT STYLE="white-space:nowrap">non-cash</FONT> amortization expense related to the reclassification of a portion of the Company&#146;s
convertible senior notes (the &#147;Notes&#148;) to stockholders&#146; equity in accordance with GAAP, and (vi)&nbsp;provision for loan losses. Beginning with the quarter ended December&nbsp;31, 2018, the Company modified its definition of Operating
Earnings to include the impact from forward points on its foreign </P>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
currency hedges, which reflect the interest rate differentials between the applicable base rate for its foreign currency investments and USD LIBOR. These forward contracts effectively convert the
rate exposure to USD LIBOR, resulting in additional interest income earned in U.S. dollar terms. These amounts may not be included in GAAP net income in the same period as this adjustment. Generally these amounts would be included in prior period
GAAP net income as unrealized gains on forward currency contracts. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The weighted-average diluted shares outstanding used for Operating Earnings per
weighted-average diluted share has been adjusted from weighted-average diluted shares under GAAP to exclude shares issued from a potential conversion of the Notes. Consistent with the treatment of other unrealized adjustments to Operating Earnings,
these potentially issuable shares are excluded until a conversion occurs, which the Company believes is a useful presentation for investors. The Company believes that excluding shares issued in connection with a potential conversion of the Notes
from the Company&#146;s computation of Operating Earnings per weighted-average diluted share is useful to investors for various reasons, including the following: (i)&nbsp;conversion of the Notes to shares requires both the holder of a Note to elect
to convert the Note and for the Company to elect to settle the conversion in the form of shares (ii)&nbsp;future conversion decisions by Note holders will be based on the Company&#146;s stock price in the future, which is presently not determinable;
(iii)&nbsp;the exclusion of shares issued in connection with a potential conversion of the Notes from the computation of Operating Earnings per weighted-average diluted share is consistent with how the Company treats other unrealized items in the
computation of Operating Earnings per weighted-average diluted share; and (iv)&nbsp;the Company believes that when evaluating its operating performance, investors and potential investors consider the Operating Earnings relative to the actual
distributions, which are based on shares outstanding and not shares that might be issued in the future </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">In order to evaluate the effective yield of the
portfolio, the Company uses Operating Earnings to reflect the net investment income of its portfolio as adjusted to include the net interest expense related to its derivative instruments. Operating Earnings allows the Company to isolate the net
interest expense associated with its swaps in order to monitor and project its full cost of borrowings. The Company also believes that its investors use Operating Earnings, or a comparable supplemental performance measure, to evaluate and compare
the performance of the Company and its peers and, as such, the Company believes that the disclosure of Operating Earnings is useful to its investors. Forward points effectively convert the Company&#146;s foreign rate exposure to USD LIBOR, which the
Company believes is a better reflection of its operating results and ARI believes the inclusion of the resulting gain or loss in Operating Earnings is useful to its investors. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">A significant limitation associated with Operating Earnings as a measure of the Company&#146;s financial performance over any period is that it excludes
unrealized gains (losses) from investments. In addition, the Company&#146;s presentation of Operating Earnings may not be comparable to similarly-titled measures of other companies, who may use different calculations. As a result, Operating Earnings
should not be considered as a substitute for the Company&#146;s GAAP net income as a measure of its financial performance or any measure of its liquidity under GAAP. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">A reconciliation of Operating Earnings to GAAP net income (loss) available to common stockholders is included in the detailed presentation of the
Company&#146;s quarter ended March&nbsp;31, 2020 results, which can be viewed at <U>www.apolloreit.com</U>. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>About Apollo Commercial Real Estate
Finance, Inc. </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Apollo Commercial Real Estate Finance, Inc. (NYSE: ARI) is a real estate investment trust that primarily originates, acquires, invests
in and manages performing commercial first mortgage loans, subordinate financings and other commercial real estate-related debt investments. The Company is externally managed and advised by ACREFI Management, LLC, a Delaware limited liability
company and an indirect subsidiary of Apollo Global Management, Inc., a leading global alternative investment manager with approximately $315.5&nbsp;billion of assets under management at March&nbsp;31, 2020. </P>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Additional information can be found on the Company&#146;s website at <U>www.apolloreit.com</U>. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Forward-Looking Statements </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Certain statements contained
in this press release constitute forward-looking statements as such term is defined in Section&nbsp;27A of the Securities Act of 1933, as amended, and Section&nbsp;21E of the Securities Exchange Act of 1934, as amended, and such statements are
intended to be covered by the safe harbor provided by the same. Forward-looking statements are subject to substantial risks and uncertainties, many of which are difficult to predict and are generally beyond the Company&#146;s control. These
forward-looking statements include information about possible or assumed future results of the Company&#146;s business, financial condition, liquidity, results of operations, plans and objectives. When used in this release, the words believe,
expect, anticipate, estimate, plan, continue, intend, should, may or similar expressions, are intended to identify forward-looking statements. Statements regarding the following subjects, among others, may be forward-looking: macro- and
micro-economic impact of the <FONT STYLE="white-space:nowrap">COVID-19</FONT> pandemic; the severity and duration of the <FONT STYLE="white-space:nowrap">COVID-19</FONT> pandemic; actions taken by governmental authorities to contain the <FONT
STYLE="white-space:nowrap">COVID-19</FONT> pandemic or treat its impact; the impact of the <FONT STYLE="white-space:nowrap">COVID-19</FONT> pandemic on our financial condition, results of operations, liquidity and capital resources; market trends in
our industry, interest rates, real estate values, the debt securities markets or the general economy; the timing and amounts of expected future fundings of unfunded commitments; the return on equity; the yield on investments; the ability to borrow
to finance assets; the Company&#146;s ability to deploy the proceeds of its capital raises or acquire its target assets; and risks associated with investing in real estate assets, including changes in business conditions and the general economy. For
a further list and description of such risks and uncertainties, see the reports filed by the Company with the Securities and Exchange Commission. The forward-looking statements, and other risks, uncertainties and factors are based on the
Company&#146;s beliefs, assumptions and expectations of its future performance, taking into account all information currently available to the Company. Forward-looking statements are not predictions of future events. The Company disclaims any
intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. </P>
</DIV></Center>

</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.SCH
<SEQUENCE>3
<FILENAME>ari-20200507.xsd
<DESCRIPTION>XBRL TAXONOMY EXTENSION SCHEMA
<TEXT>
<XBRL>
<?xml version="1.0" encoding="us-ascii"?>
<!-- DFIN - https://www.dfinsolutions.com/ -->
<!-- CTU Version: 64.2.8 -->
<!-- Creation date: 5/8/2020 1:59:37 AM Eastern Time -->
<!-- Copyright (c) 2020 Donnelley Financial Solutions, Inc. All Rights Reserved. -->
<xsd:schema
  xmlns:nonnum="http://www.xbrl.org/dtr/type/non-numeric"
  xmlns:num="http://www.xbrl.org/dtr/type/numeric"
  xmlns:us-types="http://fasb.org/us-types/2019-01-31"
  xmlns:ari="http://www.apolloreit.com/20200507"
  xmlns:dei="http://xbrl.sec.gov/dei/2019-01-31"
  xmlns:xbrli="http://www.xbrl.org/2003/instance"
  xmlns:link="http://www.xbrl.org/2003/linkbase"
  xmlns:xlink="http://www.w3.org/1999/xlink"
  xmlns:xbrldt="http://xbrl.org/2005/xbrldt"
  attributeFormDefault="unqualified"
  elementFormDefault="qualified"
  targetNamespace="http://www.apolloreit.com/20200507"
  xmlns:xsd="http://www.w3.org/2001/XMLSchema">
    <xsd:import schemaLocation="http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd" namespace="http://www.xbrl.org/2003/instance" />
    <xsd:import schemaLocation="http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd" namespace="http://www.xbrl.org/2003/linkbase" />
    <xsd:import schemaLocation="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd" namespace="http://xbrl.sec.gov/dei/2019-01-31" />
    <xsd:import schemaLocation="http://www.xbrl.org/dtr/type/numeric-2009-12-16.xsd" namespace="http://www.xbrl.org/dtr/type/numeric" />
    <xsd:import schemaLocation="http://www.xbrl.org/dtr/type/nonNumeric-2009-12-16.xsd" namespace="http://www.xbrl.org/dtr/type/non-numeric" />
    <xsd:import schemaLocation="http://www.xbrl.org/2005/xbrldt-2005.xsd" namespace="http://xbrl.org/2005/xbrldt" />
  <xsd:annotation>
    <xsd:appinfo>
      <link:linkbaseRef xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:href="ari-20200507_lab.xml" xlink:role="http://www.xbrl.org/2003/role/labelLinkbaseRef" xlink:title="Label Links, all" xlink:type="simple" />
      <link:linkbaseRef xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:href="ari-20200507_pre.xml" xlink:role="http://www.xbrl.org/2003/role/presentationLinkbaseRef" xlink:title="Presentation Links, all" xlink:type="simple" />
      <link:roleType roleURI="http://www.apolloreit.com//20200507/taxonomy/role/DocumentDocumentAndEntityInformation" id="Role_DocumentDocumentAndEntityInformation">
        <link:definition>100000 - Document - Document and Entity Information</link:definition>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
    </xsd:appinfo>
  </xsd:annotation>
</xsd:schema>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.LAB
<SEQUENCE>4
<FILENAME>ari-20200507_lab.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION LABEL LINKBASE
<TEXT>
<XBRL>
<?xml version="1.0" encoding="us-ascii" standalone="yes"?>
<!-- DFIN - https://www.dfinsolutions.com/ -->
<!-- CTU Version: 64.2.8 -->
<!-- Creation date: 5/8/2020 1:59:37 AM Eastern Time -->
<!-- Copyright (c) 2020 Donnelley Financial Solutions, Inc. All Rights Reserved. -->
<link:linkbase
  xmlns:link="http://www.xbrl.org/2003/linkbase"
  xmlns:xlink="http://www.w3.org/1999/xlink"
  xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"
  xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
  <link:labelLink xlink:role="http://www.xbrl.org/2003/role/link" xlink:type="extended">
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_CoverAbstract" xlink:type="locator" xlink:label="dei_CoverAbstract" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CoverAbstract" xlink:to="dei_CoverAbstract_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_CoverAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Cover [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_CoverAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cover [Abstract]</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_AmendmentFlag" xlink:type="locator" xlink:label="dei_AmendmentFlag" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AmendmentFlag" xlink:to="dei_AmendmentFlag_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_AmendmentFlag_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Amendment Flag</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_AmendmentFlag_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Amendment Flag</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityCentralIndexKey" xlink:type="locator" xlink:label="dei_EntityCentralIndexKey" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCentralIndexKey" xlink:to="dei_EntityCentralIndexKey_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_EntityCentralIndexKey_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Entity Central Index Key</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_EntityCentralIndexKey_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Central Index Key</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_DocumentType" xlink:type="locator" xlink:label="dei_DocumentType" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentType" xlink:to="dei_DocumentType_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_DocumentType_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Document Type</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_DocumentType_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Document Type</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_DocumentPeriodEndDate" xlink:type="locator" xlink:label="dei_DocumentPeriodEndDate" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentPeriodEndDate" xlink:to="dei_DocumentPeriodEndDate_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_DocumentPeriodEndDate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Document Period End Date</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_DocumentPeriodEndDate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Document Period End Date</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityRegistrantName" xlink:type="locator" xlink:label="dei_EntityRegistrantName" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityRegistrantName" xlink:to="dei_EntityRegistrantName_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_EntityRegistrantName_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Entity Registrant Name</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_EntityRegistrantName_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Registrant Name</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityIncorporationStateCountryCode" xlink:type="locator" xlink:label="dei_EntityIncorporationStateCountryCode" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityIncorporationStateCountryCode" xlink:to="dei_EntityIncorporationStateCountryCode_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_EntityIncorporationStateCountryCode_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Entity Incorporation State Country Code</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_EntityIncorporationStateCountryCode_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Incorporation State Country Code</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityFileNumber" xlink:type="locator" xlink:label="dei_EntityFileNumber" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityFileNumber" xlink:to="dei_EntityFileNumber_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_EntityFileNumber_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Entity File Number</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_EntityFileNumber_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity File Number</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityTaxIdentificationNumber" xlink:type="locator" xlink:label="dei_EntityTaxIdentificationNumber" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityTaxIdentificationNumber" xlink:to="dei_EntityTaxIdentificationNumber_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_EntityTaxIdentificationNumber_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Entity Tax Identification Number</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_EntityTaxIdentificationNumber_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Tax Identification Number</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityAddressAddressLine1" xlink:type="locator" xlink:label="dei_EntityAddressAddressLine1" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressAddressLine1" xlink:to="dei_EntityAddressAddressLine1_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_EntityAddressAddressLine1_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address, Address Line One</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_EntityAddressAddressLine1_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Address, Address Line One</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityAddressAddressLine2" xlink:type="locator" xlink:label="dei_EntityAddressAddressLine2" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressAddressLine2" xlink:to="dei_EntityAddressAddressLine2_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_EntityAddressAddressLine2_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address, Address Line Two</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_EntityAddressAddressLine2_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Address, Address Line Two</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityAddressAddressLine3" xlink:type="locator" xlink:label="dei_EntityAddressAddressLine3" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressAddressLine3" xlink:to="dei_EntityAddressAddressLine3_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_EntityAddressAddressLine3_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address, Address Line Three</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_EntityAddressAddressLine3_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Address, Address Line Three</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityAddressCityOrTown" xlink:type="locator" xlink:label="dei_EntityAddressCityOrTown" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressCityOrTown" xlink:to="dei_EntityAddressCityOrTown_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_EntityAddressCityOrTown_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address, City or Town</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_EntityAddressCityOrTown_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Address, City or Town</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityAddressStateOrProvince" xlink:type="locator" xlink:label="dei_EntityAddressStateOrProvince" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressStateOrProvince" xlink:to="dei_EntityAddressStateOrProvince_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_EntityAddressStateOrProvince_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address, State or Province</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_EntityAddressStateOrProvince_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Address, State or Province</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityAddressPostalZipCode" xlink:type="locator" xlink:label="dei_EntityAddressPostalZipCode" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressPostalZipCode" xlink:to="dei_EntityAddressPostalZipCode_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_EntityAddressPostalZipCode_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address, Postal Zip Code</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_EntityAddressPostalZipCode_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Address, Postal Zip Code</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_CityAreaCode" xlink:type="locator" xlink:label="dei_CityAreaCode" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CityAreaCode" xlink:to="dei_CityAreaCode_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_CityAreaCode_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">City Area Code</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_CityAreaCode_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">City Area Code</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_LocalPhoneNumber" xlink:type="locator" xlink:label="dei_LocalPhoneNumber" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_LocalPhoneNumber" xlink:to="dei_LocalPhoneNumber_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_LocalPhoneNumber_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Local Phone Number</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_LocalPhoneNumber_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Local Phone Number</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_WrittenCommunications" xlink:type="locator" xlink:label="dei_WrittenCommunications" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_WrittenCommunications" xlink:to="dei_WrittenCommunications_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_WrittenCommunications_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Written Communications</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_WrittenCommunications_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Written Communications</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_SolicitingMaterial" xlink:type="locator" xlink:label="dei_SolicitingMaterial" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_SolicitingMaterial" xlink:to="dei_SolicitingMaterial_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_SolicitingMaterial_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Soliciting Material</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_SolicitingMaterial_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Soliciting Material</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_PreCommencementTenderOffer" xlink:type="locator" xlink:label="dei_PreCommencementTenderOffer" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_PreCommencementTenderOffer" xlink:to="dei_PreCommencementTenderOffer_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_PreCommencementTenderOffer_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Pre Commencement Tender Offer</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_PreCommencementTenderOffer_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Pre Commencement Tender Offer</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_PreCommencementIssuerTenderOffer" xlink:type="locator" xlink:label="dei_PreCommencementIssuerTenderOffer" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_PreCommencementIssuerTenderOffer" xlink:to="dei_PreCommencementIssuerTenderOffer_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_PreCommencementIssuerTenderOffer_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Pre Commencement Issuer Tender Offer</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_PreCommencementIssuerTenderOffer_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Pre Commencement Issuer Tender Offer</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_Security12bTitle" xlink:type="locator" xlink:label="dei_Security12bTitle" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_Security12bTitle" xlink:to="dei_Security12bTitle_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_Security12bTitle_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Security 12b Title</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_Security12bTitle_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Security 12b Title</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_TradingSymbol" xlink:type="locator" xlink:label="dei_TradingSymbol" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_TradingSymbol" xlink:to="dei_TradingSymbol_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_TradingSymbol_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Trading Symbol</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_TradingSymbol_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Trading Symbol</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_SecurityExchangeName" xlink:type="locator" xlink:label="dei_SecurityExchangeName" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_SecurityExchangeName" xlink:to="dei_SecurityExchangeName_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_SecurityExchangeName_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Security Exchange Name</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_SecurityExchangeName_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Security Exchange Name</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityEmergingGrowthCompany" xlink:type="locator" xlink:label="dei_EntityEmergingGrowthCompany" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityEmergingGrowthCompany" xlink:to="dei_EntityEmergingGrowthCompany_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_EntityEmergingGrowthCompany_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Entity Emerging Growth Company</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_EntityEmergingGrowthCompany_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Emerging Growth Company</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_AmendmentDescription" xlink:type="locator" xlink:label="dei_AmendmentDescription" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AmendmentDescription" xlink:to="dei_AmendmentDescription_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_AmendmentDescription_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Amendment Description</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_AmendmentDescription_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Amendment Description</link:label>
  </link:labelLink>
</link:linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.PRE
<SEQUENCE>5
<FILENAME>ari-20200507_pre.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE
<TEXT>
<XBRL>
<?xml version="1.0" encoding="us-ascii" standalone="yes"?>
<!-- DFIN - https://www.dfinsolutions.com/ -->
<!-- CTU Version: 64.2.8 -->
<!-- Creation date: 5/8/2020 1:59:37 AM Eastern Time -->
<!-- Copyright (c) 2020 Donnelley Financial Solutions, Inc. All Rights Reserved. -->
<link:linkbase
    xmlns:link="http://www.xbrl.org/2003/linkbase"
    xmlns:xlink="http://www.w3.org/1999/xlink"
    xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"
    xmlns:xbrldt="http://xbrl.org/2005/xbrldt"
    xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
  <link:roleRef roleURI="http://www.apolloreit.com//20200507/taxonomy/role/DocumentDocumentAndEntityInformation" xlink:href="ari-20200507.xsd#Role_DocumentDocumentAndEntityInformation" xlink:type="simple" />
  <link:presentationLink xlink:type="extended" xlink:role="http://www.apolloreit.com//20200507/taxonomy/role/DocumentDocumentAndEntityInformation">
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_CoverAbstract" xlink:type="locator" xlink:label="dei_CoverAbstract" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_AmendmentFlag" xlink:type="locator" xlink:label="dei_AmendmentFlag" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_AmendmentFlag" order="20.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityCentralIndexKey" xlink:type="locator" xlink:label="dei_EntityCentralIndexKey" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityCentralIndexKey" order="21.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_DocumentType" xlink:type="locator" xlink:label="dei_DocumentType" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_DocumentType" order="22.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_DocumentPeriodEndDate" xlink:type="locator" xlink:label="dei_DocumentPeriodEndDate" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_DocumentPeriodEndDate" order="23.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityRegistrantName" xlink:type="locator" xlink:label="dei_EntityRegistrantName" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityRegistrantName" order="24.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityIncorporationStateCountryCode" xlink:type="locator" xlink:label="dei_EntityIncorporationStateCountryCode" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityIncorporationStateCountryCode" order="25.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityFileNumber" xlink:type="locator" xlink:label="dei_EntityFileNumber" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityFileNumber" order="26.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityTaxIdentificationNumber" xlink:type="locator" xlink:label="dei_EntityTaxIdentificationNumber" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityTaxIdentificationNumber" order="27.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityAddressAddressLine1" xlink:type="locator" xlink:label="dei_EntityAddressAddressLine1" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityAddressAddressLine1" order="28.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityAddressAddressLine2" xlink:type="locator" xlink:label="dei_EntityAddressAddressLine2" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityAddressAddressLine2" order="29.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityAddressAddressLine3" xlink:type="locator" xlink:label="dei_EntityAddressAddressLine3" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityAddressAddressLine3" order="30.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityAddressCityOrTown" xlink:type="locator" xlink:label="dei_EntityAddressCityOrTown" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityAddressCityOrTown" order="31.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityAddressStateOrProvince" xlink:type="locator" xlink:label="dei_EntityAddressStateOrProvince" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityAddressStateOrProvince" order="32.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityAddressPostalZipCode" xlink:type="locator" xlink:label="dei_EntityAddressPostalZipCode" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityAddressPostalZipCode" order="33.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_CityAreaCode" xlink:type="locator" xlink:label="dei_CityAreaCode" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_CityAreaCode" order="34.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_LocalPhoneNumber" xlink:type="locator" xlink:label="dei_LocalPhoneNumber" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_LocalPhoneNumber" order="35.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_WrittenCommunications" xlink:type="locator" xlink:label="dei_WrittenCommunications" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_WrittenCommunications" order="36.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_SolicitingMaterial" xlink:type="locator" xlink:label="dei_SolicitingMaterial" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_SolicitingMaterial" order="37.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_PreCommencementTenderOffer" xlink:type="locator" xlink:label="dei_PreCommencementTenderOffer" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_PreCommencementTenderOffer" order="38.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_PreCommencementIssuerTenderOffer" xlink:type="locator" xlink:label="dei_PreCommencementIssuerTenderOffer" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_PreCommencementIssuerTenderOffer" order="39.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_Security12bTitle" xlink:type="locator" xlink:label="dei_Security12bTitle" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_Security12bTitle" order="40.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_TradingSymbol" xlink:type="locator" xlink:label="dei_TradingSymbol" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_TradingSymbol" order="41.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_SecurityExchangeName" xlink:type="locator" xlink:label="dei_SecurityExchangeName" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_SecurityExchangeName" order="42.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityEmergingGrowthCompany" xlink:type="locator" xlink:label="dei_EntityEmergingGrowthCompany" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityEmergingGrowthCompany" order="43.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_AmendmentDescription" xlink:type="locator" xlink:label="dei_AmendmentDescription" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_AmendmentDescription" order="44.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
  </link:presentationLink>
</link:linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>6
<FILENAME>g904911g0508001016218.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g904911g0508001016218.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+# Q-#0T'R<Y/3@R/"XS-#+_
MVP!# 0D)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P  1"  C 5,# 2(  A$! Q$!_\0
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MB#K.GW7R+J!$]NQZ/ZC/YUT?BZ]BLO#%\\F"SQ&-$[LQX %7=2T>QU:-5O(
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E110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% '_V0$!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>7
<FILENAME>report.css
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
/* Updated 2009-11-04 */
/* v2.2.0.24 */

/* DefRef Styles */
..report table.authRefData{
	background-color: #def;
	border: 2px solid #2F4497;
	font-size: 1em;
	position: absolute;
}

..report table.authRefData a {
	display: block;
	font-weight: bold;
}

..report table.authRefData p {
	margin-top: 0px;
}

..report table.authRefData .hide {
	background-color: #2F4497;
	padding: 1px 3px 0px 0px;
	text-align: right;
}

..report table.authRefData .hide a:hover {
	background-color: #2F4497;
}

..report table.authRefData .body {
	height: 150px;
	overflow: auto;
	width: 400px;
}

..report table.authRefData table{
	font-size: 1em;
}

/* Report Styles */
..pl a, .pl a:visited {
	color: black;
	text-decoration: none;
}

/* table */
..report {
	background-color: white;
	border: 2px solid #acf;
	clear: both;
	color: black;
	font: normal 8pt Helvetica, Arial, san-serif;
	margin-bottom: 2em;
}

..report hr {
	border: 1px solid #acf;
}

/* Top labels */
..report th {
	background-color: #acf;
	color: black;
	font-weight: bold;
	text-align: center;
}

..report th.void	{
	background-color: transparent;
	color: #000000;
	font: bold 10pt Helvetica, Arial, san-serif;
	text-align: left;
}

..report .pl {
	text-align: left;
	vertical-align: top;
	white-space: normal;
	width: 200px;
	white-space: normal; /* word-wrap: break-word; */
}

..report td.pl a.a {
	cursor: pointer;
	display: block;
	width: 200px;
	overflow: hidden;
}

..report td.pl div.a {
	width: 200px;
}

..report td.pl a:hover {
	background-color: #ffc;
}

/* Header rows... */
..report tr.rh {
	background-color: #acf;
	color: black;
	font-weight: bold;
}

/* Calendars... */
..report .rc {
	background-color: #f0f0f0;
}

/* Even rows... */
..report .re, .report .reu {
	background-color: #def;
}

..report .reu td {
	border-bottom: 1px solid black;
}

/* Odd rows... */
..report .ro, .report .rou {
	background-color: white;
}

..report .rou td {
	border-bottom: 1px solid black;
}

..report .rou table td, .report .reu table td {
	border-bottom: 0px solid black;
}

/* styles for footnote marker */
..report .fn {
	white-space: nowrap;
}

/* styles for numeric types */
..report .num, .report .nump {
	text-align: right;
	white-space: nowrap;
}

..report .nump {
	padding-left: 2em;
}

..report .nump {
	padding: 0px 0.4em 0px 2em;
}

/* styles for text types */
..report .text {
	text-align: left;
	white-space: normal;
}

..report .text .big {
	margin-bottom: 1em;
	width: 17em;
}

..report .text .more {
	display: none;
}

..report .text .note {
	font-style: italic;
	font-weight: bold;
}

..report .text .small {
	width: 10em;
}

..report sup {
	font-style: italic;
}

..report .outerFootnotes {
	font-size: 1em;
}
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>8
<FILENAME>d904911d8ka_htm.xml
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<XML>
<?xml version="1.0" encoding="utf-8"?>
<xbrl
  xmlns="http://www.xbrl.org/2003/instance"
  xmlns:dei="http://xbrl.sec.gov/dei/2019-01-31"
  xmlns:link="http://www.xbrl.org/2003/linkbase"
  xmlns:xlink="http://www.w3.org/1999/xlink">
    <link:schemaRef xlink:href="ari-20200507.xsd" xlink:type="simple"/>
    <context id="duration_2020-05-07_to_2020-05-07">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001467760</identifier>
        </entity>
        <period>
            <startDate>2020-05-07</startDate>
            <endDate>2020-05-07</endDate>
        </period>
    </context>
    <dei:AmendmentFlag contextRef="duration_2020-05-07_to_2020-05-07">true</dei:AmendmentFlag>
    <dei:EntityCentralIndexKey
      contextRef="duration_2020-05-07_to_2020-05-07"
      id="Hidden_dei_EntityCentralIndexKey">0001467760</dei:EntityCentralIndexKey>
    <dei:DocumentType contextRef="duration_2020-05-07_to_2020-05-07">8-K/A</dei:DocumentType>
    <dei:DocumentPeriodEndDate contextRef="duration_2020-05-07_to_2020-05-07">2020-05-07</dei:DocumentPeriodEndDate>
    <dei:EntityRegistrantName contextRef="duration_2020-05-07_to_2020-05-07">Apollo Commercial Real Estate Finance, Inc.</dei:EntityRegistrantName>
    <dei:EntityIncorporationStateCountryCode contextRef="duration_2020-05-07_to_2020-05-07">MD</dei:EntityIncorporationStateCountryCode>
    <dei:EntityFileNumber contextRef="duration_2020-05-07_to_2020-05-07">001-34452</dei:EntityFileNumber>
    <dei:EntityTaxIdentificationNumber contextRef="duration_2020-05-07_to_2020-05-07">27-0467113</dei:EntityTaxIdentificationNumber>
    <dei:EntityAddressAddressLine1 contextRef="duration_2020-05-07_to_2020-05-07">c/o Apollo Global Management, Inc.</dei:EntityAddressAddressLine1>
    <dei:EntityAddressAddressLine2 contextRef="duration_2020-05-07_to_2020-05-07">9 West 57th Street</dei:EntityAddressAddressLine2>
    <dei:EntityAddressAddressLine3 contextRef="duration_2020-05-07_to_2020-05-07">43rd Floor</dei:EntityAddressAddressLine3>
    <dei:EntityAddressCityOrTown contextRef="duration_2020-05-07_to_2020-05-07">New York</dei:EntityAddressCityOrTown>
    <dei:EntityAddressStateOrProvince contextRef="duration_2020-05-07_to_2020-05-07">NY</dei:EntityAddressStateOrProvince>
    <dei:EntityAddressPostalZipCode contextRef="duration_2020-05-07_to_2020-05-07">10019</dei:EntityAddressPostalZipCode>
    <dei:CityAreaCode contextRef="duration_2020-05-07_to_2020-05-07">(212)</dei:CityAreaCode>
    <dei:LocalPhoneNumber contextRef="duration_2020-05-07_to_2020-05-07">515-3200</dei:LocalPhoneNumber>
    <dei:WrittenCommunications contextRef="duration_2020-05-07_to_2020-05-07">false</dei:WrittenCommunications>
    <dei:SolicitingMaterial contextRef="duration_2020-05-07_to_2020-05-07">false</dei:SolicitingMaterial>
    <dei:PreCommencementTenderOffer contextRef="duration_2020-05-07_to_2020-05-07">false</dei:PreCommencementTenderOffer>
    <dei:PreCommencementIssuerTenderOffer contextRef="duration_2020-05-07_to_2020-05-07">false</dei:PreCommencementIssuerTenderOffer>
    <dei:Security12bTitle contextRef="duration_2020-05-07_to_2020-05-07">Common Stock, $0.01 par value</dei:Security12bTitle>
    <dei:TradingSymbol contextRef="duration_2020-05-07_to_2020-05-07">ARI</dei:TradingSymbol>
    <dei:SecurityExchangeName contextRef="duration_2020-05-07_to_2020-05-07">NYSE</dei:SecurityExchangeName>
    <dei:EntityEmergingGrowthCompany contextRef="duration_2020-05-07_to_2020-05-07">false</dei:EntityEmergingGrowthCompany>
    <dei:AmendmentDescription contextRef="duration_2020-05-07_to_2020-05-07">On May 7, 2020, Apollo Commercial Real Estate Finance, Inc. (the &#x201c;Company&#x201d;) issued a summary press release and a detailed presentation announcing its financial results for the quarter ended March 31, 2020, and furnished the summary press release and financial results presentation with a Current Report on Form 8-K (the &#x201c;Initial 8-K&#x201d;). On May 7, 2020, the Company issued a corrected summary press release, in which the time of the earnings teleconference call has been corrected to 9:00 a.m. on Friday, May 8, 2020, not 10:00 a.m. as previously stated. The Company is filing this Current Report on Form 8-K/A solely to furnish a copy of the corrected summary press release. No other information in the summary press release or financial results presentation furnished with the Initial 8-K has been modified.</dei:AmendmentDescription>
</xbrl>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>9
<FILENAME>Show.js
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
// Edgar(tm) Renderer was created by staff of the U.S. Securities and Exchange Commission.  Data and content created by government employees within the scope of their employment are not subject to domestic copyright protection. 17 U.S.C. 105.
var Show={};Show.LastAR=null,Show.showAR=function(a,r,w){if(Show.LastAR)Show.hideAR();var e=a;while(e&&e.nodeName!='TABLE')e=e.nextSibling;if(!e||e.nodeName!='TABLE'){var ref=((window)?w.document:document).getElementById(r);if(ref){e=ref.cloneNode(!0);
e.removeAttribute('id');a.parentNode.appendChild(e)}}
if(e)e.style.display='block';Show.LastAR=e};Show.hideAR=function(){Show.LastAR.style.display='none'};Show.toggleNext=function(a){var e=a;while(e.nodeName!='DIV')e=e.nextSibling;if(!e.style){}else if(!e.style.display){}else{var d,p_;if(e.style.display=='none'){d='block';p='-'}else{d='none';p='+'}
e.style.display=d;if(a.textContent){a.textContent=p+a.textContent.substring(1)}else{a.innerText=p+a.innerText.substring(1)}}}
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>JSON
<SEQUENCE>10
<FILENAME>MetaLinks.json
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
{
 "instance": {
  "d904911d8ka.htm": {
   "axisCustom": 0,
   "axisStandard": 0,
   "contextCount": 1,
   "dts": {
    "inline": {
     "local": [
      "d904911d8ka.htm"
     ]
    },
    "labelLink": {
     "local": [
      "ari-20200507_lab.xml"
     ],
     "remote": [
      "https://xbrl.sec.gov/dei/2019/dei-doc-2019-01-31.xml"
     ]
    },
    "presentationLink": {
     "local": [
      "ari-20200507_pre.xml"
     ]
    },
    "referenceLink": {
     "remote": [
      "https://xbrl.sec.gov/dei/2019/dei-ref-2019-01-31.xml"
     ]
    },
    "schema": {
     "local": [
      "ari-20200507.xsd"
     ],
     "remote": [
      "http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd",
      "http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd",
      "http://www.xbrl.org/2003/xl-2003-12-31.xsd",
      "http://www.xbrl.org/2003/xlink-2003-12-31.xsd",
      "https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd",
      "http://www.xbrl.org/2005/xbrldt-2005.xsd",
      "http://www.xbrl.org/dtr/type/nonNumeric-2009-12-16.xsd",
      "http://www.xbrl.org/dtr/type/numeric-2009-12-16.xsd",
      "http://www.xbrl.org/2006/ref-2006-02-27.xsd",
      "http://www.xbrl.org/lrr/role/deprecated-2009-12-16.xsd"
     ]
    }
   },
   "elementCount": 26,
   "entityCount": 1,
   "hidden": {
    "http://xbrl.sec.gov/dei/2019-01-31": 2,
    "total": 2
   },
   "keyCustom": 0,
   "keyStandard": 95,
   "memberCustom": 0,
   "memberStandard": 0,
   "nsprefix": "ari",
   "nsuri": "http://www.apolloreit.com/20200507",
   "report": {
    "R1": {
     "firstAnchor": {
      "ancestors": [
       "p",
       "div",
       "body",
       "html"
      ],
      "baseRef": "d904911d8ka.htm",
      "contextRef": "duration_2020-05-07_to_2020-05-07",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "dei:DocumentType",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     },
     "groupType": "document",
     "isDefault": "true",
     "longName": "100000 - Document - Document and Entity Information",
     "role": "http://www.apolloreit.com//20200507/taxonomy/role/DocumentDocumentAndEntityInformation",
     "shortName": "Document and Entity Information",
     "subGroupType": "",
     "uniqueAnchor": {
      "ancestors": [
       "p",
       "div",
       "body",
       "html"
      ],
      "baseRef": "d904911d8ka.htm",
      "contextRef": "duration_2020-05-07_to_2020-05-07",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "dei:DocumentType",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     }
    }
   },
   "segmentCount": 0,
   "tag": {
    "dei_AmendmentDescription": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Description of changes contained within amended document.",
        "label": "Amendment Description",
        "terseLabel": "Amendment Description"
       }
      }
     },
     "localname": "AmendmentDescription",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.apolloreit.com//20200507/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "xbrltype": "stringItemType"
    },
    "dei_AmendmentFlag": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.",
        "label": "Amendment Flag",
        "terseLabel": "Amendment Flag"
       }
      }
     },
     "localname": "AmendmentFlag",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.apolloreit.com//20200507/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_CityAreaCode": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Area code of city",
        "label": "City Area Code",
        "terseLabel": "City Area Code"
       }
      }
     },
     "localname": "CityAreaCode",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.apolloreit.com//20200507/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_CoverAbstract": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Cover page.",
        "label": "Cover [Abstract]",
        "terseLabel": "Cover [Abstract]"
       }
      }
     },
     "localname": "CoverAbstract",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "xbrltype": "stringItemType"
    },
    "dei_DocumentPeriodEndDate": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented.  If there is no historical data in the report, use the filing date. The format of the date is CCYY-MM-DD.",
        "label": "Document Period End Date",
        "terseLabel": "Document Period End Date"
       }
      }
     },
     "localname": "DocumentPeriodEndDate",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.apolloreit.com//20200507/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "xbrltype": "dateItemType"
    },
    "dei_DocumentType": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.",
        "label": "Document Type",
        "terseLabel": "Document Type"
       }
      }
     },
     "localname": "DocumentType",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.apolloreit.com//20200507/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "xbrltype": "submissionTypeItemType"
    },
    "dei_EntityAddressAddressLine1": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Address Line 1 such as Attn, Building Name, Street Name",
        "label": "Entity Address, Address Line One",
        "terseLabel": "Entity Address, Address Line One"
       }
      }
     },
     "localname": "EntityAddressAddressLine1",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.apolloreit.com//20200507/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityAddressAddressLine2": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Address Line 2 such as Street or Suite number",
        "label": "Entity Address, Address Line Two",
        "terseLabel": "Entity Address, Address Line Two"
       }
      }
     },
     "localname": "EntityAddressAddressLine2",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.apolloreit.com//20200507/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityAddressAddressLine3": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Address Line 3 such as an Office Park",
        "label": "Entity Address, Address Line Three",
        "terseLabel": "Entity Address, Address Line Three"
       }
      }
     },
     "localname": "EntityAddressAddressLine3",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.apolloreit.com//20200507/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityAddressCityOrTown": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Name of the City or Town",
        "label": "Entity Address, City or Town",
        "terseLabel": "Entity Address, City or Town"
       }
      }
     },
     "localname": "EntityAddressCityOrTown",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.apolloreit.com//20200507/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityAddressPostalZipCode": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Code for the postal or zip code",
        "label": "Entity Address, Postal Zip Code",
        "terseLabel": "Entity Address, Postal Zip Code"
       }
      }
     },
     "localname": "EntityAddressPostalZipCode",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.apolloreit.com//20200507/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityAddressStateOrProvince": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Name of the state or province.",
        "label": "Entity Address, State or Province",
        "terseLabel": "Entity Address, State or Province"
       }
      }
     },
     "localname": "EntityAddressStateOrProvince",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.apolloreit.com//20200507/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "xbrltype": "stateOrProvinceItemType"
    },
    "dei_EntityCentralIndexKey": {
     "auth_ref": [
      "r5"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.",
        "label": "Entity Central Index Key",
        "terseLabel": "Entity Central Index Key"
       }
      }
     },
     "localname": "EntityCentralIndexKey",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.apolloreit.com//20200507/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "xbrltype": "centralIndexKeyItemType"
    },
    "dei_EntityEmergingGrowthCompany": {
     "auth_ref": [
      "r5"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Indicate if registrant meets the emerging growth company criteria.",
        "label": "Entity Emerging Growth Company",
        "terseLabel": "Entity Emerging Growth Company"
       }
      }
     },
     "localname": "EntityEmergingGrowthCompany",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.apolloreit.com//20200507/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_EntityFileNumber": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.",
        "label": "Entity File Number",
        "terseLabel": "Entity File Number"
       }
      }
     },
     "localname": "EntityFileNumber",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.apolloreit.com//20200507/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "xbrltype": "fileNumberItemType"
    },
    "dei_EntityIncorporationStateCountryCode": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Two-character EDGAR code representing the state or country of incorporation.",
        "label": "Entity Incorporation State Country Code",
        "terseLabel": "Entity Incorporation State Country Code"
       }
      }
     },
     "localname": "EntityIncorporationStateCountryCode",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.apolloreit.com//20200507/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "xbrltype": "edgarStateCountryItemType"
    },
    "dei_EntityRegistrantName": {
     "auth_ref": [
      "r5"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.",
        "label": "Entity Registrant Name",
        "terseLabel": "Entity Registrant Name"
       }
      }
     },
     "localname": "EntityRegistrantName",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.apolloreit.com//20200507/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityTaxIdentificationNumber": {
     "auth_ref": [
      "r5"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.",
        "label": "Entity Tax Identification Number",
        "terseLabel": "Entity Tax Identification Number"
       }
      }
     },
     "localname": "EntityTaxIdentificationNumber",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.apolloreit.com//20200507/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "xbrltype": "employerIdItemType"
    },
    "dei_LocalPhoneNumber": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Local phone number for entity.",
        "label": "Local Phone Number",
        "terseLabel": "Local Phone Number"
       }
      }
     },
     "localname": "LocalPhoneNumber",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.apolloreit.com//20200507/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_PreCommencementIssuerTenderOffer": {
     "auth_ref": [
      "r2"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.",
        "label": "Pre Commencement Issuer Tender Offer",
        "terseLabel": "Pre Commencement Issuer Tender Offer"
       }
      }
     },
     "localname": "PreCommencementIssuerTenderOffer",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.apolloreit.com//20200507/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_PreCommencementTenderOffer": {
     "auth_ref": [
      "r3"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.",
        "label": "Pre Commencement Tender Offer",
        "terseLabel": "Pre Commencement Tender Offer"
       }
      }
     },
     "localname": "PreCommencementTenderOffer",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.apolloreit.com//20200507/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_Security12bTitle": {
     "auth_ref": [
      "r0"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Title of a 12(b) registered security.",
        "label": "Security 12b Title",
        "terseLabel": "Security 12b Title"
       }
      }
     },
     "localname": "Security12bTitle",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.apolloreit.com//20200507/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "xbrltype": "securityTitleItemType"
    },
    "dei_SecurityExchangeName": {
     "auth_ref": [
      "r1"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Name of the Exchange on which a security is registered.",
        "label": "Security Exchange Name",
        "terseLabel": "Security Exchange Name"
       }
      }
     },
     "localname": "SecurityExchangeName",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.apolloreit.com//20200507/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "xbrltype": "edgarExchangeCodeItemType"
    },
    "dei_SolicitingMaterial": {
     "auth_ref": [
      "r4"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.",
        "label": "Soliciting Material",
        "terseLabel": "Soliciting Material"
       }
      }
     },
     "localname": "SolicitingMaterial",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.apolloreit.com//20200507/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_TradingSymbol": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Trading symbol of an instrument as listed on an exchange.",
        "label": "Trading Symbol",
        "terseLabel": "Trading Symbol"
       }
      }
     },
     "localname": "TradingSymbol",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.apolloreit.com//20200507/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "xbrltype": "tradingSymbolItemType"
    },
    "dei_WrittenCommunications": {
     "auth_ref": [
      "r6"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.",
        "label": "Written Communications",
        "terseLabel": "Written Communications"
       }
      }
     },
     "localname": "WrittenCommunications",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.apolloreit.com//20200507/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "xbrltype": "booleanItemType"
    }
   },
   "unitCount": 0
  }
 },
 "std_ref": {
  "r0": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "12",
   "Subsection": "b"
  },
  "r1": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "12",
   "Subsection": "d1-1"
  },
  "r2": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "13e",
   "Subsection": "4c"
  },
  "r3": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "14d",
   "Subsection": "2b"
  },
  "r4": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "14a",
   "Subsection": "12"
  },
  "r5": {
   "Name": "Regulation 12B",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "12",
   "Subsection": "b-2"
  },
  "r6": {
   "Name": "Securities Act",
   "Number": "230",
   "Publisher": "SEC",
   "Section": "425"
  }
 },
 "version": "2.1"
}
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>12
<FILENAME>R1.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.20.1</span><table class="report" border="0" cellspacing="2" id="idp6622420176">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Document and Entity Information<br></strong></div></th>
<th class="th"><div>May 07, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_CoverAbstract', window );"><strong>Cover [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_AmendmentFlag', window );">Amendment Flag</a></td>
<td class="text">true<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityCentralIndexKey', window );">Entity Central Index Key</a></td>
<td class="text">0001467760<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentType', window );">Document Type</a></td>
<td class="text">8-K/A<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentPeriodEndDate', window );">Document Period End Date</a></td>
<td class="text">May  07,  2020<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityRegistrantName', window );">Entity Registrant Name</a></td>
<td class="text">Apollo Commercial Real Estate Finance, Inc.<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityIncorporationStateCountryCode', window );">Entity Incorporation State Country Code</a></td>
<td class="text">MD<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityFileNumber', window );">Entity File Number</a></td>
<td class="text">001-34452<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityTaxIdentificationNumber', window );">Entity Tax Identification Number</a></td>
<td class="text">27-0467113<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityAddressAddressLine1', window );">Entity Address, Address Line One</a></td>
<td class="text">c/o Apollo Global Management, Inc.<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityAddressAddressLine2', window );">Entity Address, Address Line Two</a></td>
<td class="text">9 West 57th Street<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityAddressAddressLine3', window );">Entity Address, Address Line Three</a></td>
<td class="text">43rd Floor<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityAddressCityOrTown', window );">Entity Address, City or Town</a></td>
<td class="text">New York<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityAddressStateOrProvince', window );">Entity Address, State or Province</a></td>
<td class="text">NY<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityAddressPostalZipCode', window );">Entity Address, Postal Zip Code</a></td>
<td class="text">10019<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_CityAreaCode', window );">City Area Code</a></td>
<td class="text">(212)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LocalPhoneNumber', window );">Local Phone Number</a></td>
<td class="text">515-3200<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_WrittenCommunications', window );">Written Communications</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_SolicitingMaterial', window );">Soliciting Material</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_PreCommencementTenderOffer', window );">Pre Commencement Tender Offer</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_PreCommencementIssuerTenderOffer', window );">Pre Commencement Issuer Tender Offer</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_Security12bTitle', window );">Security 12b Title</a></td>
<td class="text">Common Stock, $0.01 par value<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_TradingSymbol', window );">Trading Symbol</a></td>
<td class="text">ARI<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_SecurityExchangeName', window );">Security Exchange Name</a></td>
<td class="text">NYSE<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityEmergingGrowthCompany', window );">Entity Emerging Growth Company</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_AmendmentDescription', window );">Amendment Description</a></td>
<td class="text">On May 7, 2020, Apollo Commercial Real Estate Finance, Inc. (the &#8220;Company&#8221;) issued a summary press release and a detailed presentation announcing its financial results for the quarter ended March 31, 2020, and furnished the summary press release and financial results presentation with a Current Report on Form 8-K (the &#8220;Initial 8-K&#8221;). On May 7, 2020, the Company issued a corrected summary press release, in which the time of the earnings teleconference call has been corrected to 9:00 a.m. on Friday, May 8, 2020, not 10:00 a.m. as previously stated. The Company is filing this Current Report on Form 8-K/A solely to furnish a copy of the corrected summary press release. No other information in the summary press release or financial results presentation furnished with the Initial 8-K has been modified.<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_AmendmentDescription">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Description of changes contained within amended document.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_AmendmentDescription</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_AmendmentFlag">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_AmendmentFlag</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_CityAreaCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Area code of city</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_CityAreaCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_CoverAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Cover page.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_CoverAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentPeriodEndDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented.  If there is no historical data in the report, use the filing date. The format of the date is CCYY-MM-DD.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentPeriodEndDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:dateItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentType">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentType</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:submissionTypeItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressAddressLine1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Address Line 1 such as Attn, Building Name, Street Name</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressAddressLine1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressAddressLine2">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Address Line 2 such as Street or Suite number</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressAddressLine2</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressAddressLine3">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Address Line 3 such as an Office Park</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressAddressLine3</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressCityOrTown">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Name of the City or Town</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressCityOrTown</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressPostalZipCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Code for the postal or zip code</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressPostalZipCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressStateOrProvince">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Name of the state or province.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressStateOrProvince</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:stateOrProvinceItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityCentralIndexKey">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityCentralIndexKey</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:centralIndexKeyItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityEmergingGrowthCompany">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Indicate if registrant meets the emerging growth company criteria.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityEmergingGrowthCompany</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityFileNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityFileNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:fileNumberItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityIncorporationStateCountryCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Two-character EDGAR code representing the state or country of incorporation.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityIncorporationStateCountryCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:edgarStateCountryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityRegistrantName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityRegistrantName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityTaxIdentificationNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityTaxIdentificationNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:employerIdItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LocalPhoneNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Local phone number for entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LocalPhoneNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_PreCommencementIssuerTenderOffer">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 13e<br> -Subsection 4c<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_PreCommencementIssuerTenderOffer</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_PreCommencementTenderOffer">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 14d<br> -Subsection 2b<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_PreCommencementTenderOffer</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_Security12bTitle">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Title of a 12(b) registered security.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_Security12bTitle</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:securityTitleItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_SecurityExchangeName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Name of the Exchange on which a security is registered.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection d1-1<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_SecurityExchangeName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:edgarExchangeCodeItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_SolicitingMaterial">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Section 14a<br> -Number 240<br> -Subsection 12<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_SolicitingMaterial</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_TradingSymbol">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Trading symbol of an instrument as listed on an exchange.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_TradingSymbol</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:tradingSymbolItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_WrittenCommunications">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Securities Act<br> -Number 230<br> -Section 425<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_WrittenCommunications</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EXCEL
<SEQUENCE>13
<FILENAME>Financial_Report.xlsx
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
begin 644 Financial_Report.xlsx
M4$L#!!0    ( %,QJ% ?(\\#P    !,"   +    7W)E;',O+G)E;'.MDD^+
MPD ,Q;]*F?L:5\'#8CUYZ6U9_ )Q)OU#.Y,A$[%^>X>];+=44/ 87O+>CT?V
M/S2@=AQ2V\54C'X(J32M:OP"2+8ECVG%D4)6:A:/FD=I(*+ML2'8K-<[D*F'
M.>RGGD7E2B.5^S3%":4A+<TXP)6E/S/WJVR;A5ND9T*YKCM+1[873T$7LF<;
M!I99-G\LCNVW<+ZT+/0:S>,*P).B0\5?UX^8 TBTH_0(:+L A#&^NQT:E8(C
M-R."?S]PN -02P,$%     @ 4S&H4"?HAPZ"    L0   !    !D;V-0<F]P
M<R]A<' N>&UL38Y-"\(P$$3_2NG=;BGH06) L$?!D_>0;FP@R8;-"OGYIH(?
MMWF\81AU8\K(XK%T-8943OTJDH\ Q:X831F:3LTXXFBD(3^ G/,6+V2?$9/
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M_>%W%7:]L7O[CXTO@K*%7W<AOP!02P,$%     @ 4S&H4)E<G",0!@  G"<
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M.AQG0GS/]O:1I24RS^_Y"NM./&<?5I:P7<_/Y)Z,<B.[W?98??9/1VXCUZG
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M]B3 H0#OZ<4=G6-Z >E%3R_OZ$4P/XHHL4 )!4I"GP4"%#'' C,H,"/T12!
M$4LL,(<"<T)_# 0H@N5880$5%I3/ @D B?B\A!)+R@^-!I"(TX]0XI'R0ZL!
M).(URW&<<EHAM!MA(H:S2&@9K1!Z#C \8CK#R66<5@AM1YB([PP'G-'\\M!Y
MA(E8SW#*&0TQ#\U'F)C[..J,)ID3]P$FYC[..Z-QYL1]BBEB[N/,,YKH@K@/
M,#'W<>P9#75!W >8F/LX^8SFNB#N TS$?8ZSSVFNB]!]A(FIX.QSFNMB&:H
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M%YH6F1[4D\*>5&;0F-,39476&+TC=S0"/I4K(!<N<_K(I2B=F'.Y$G**<!J
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MU_J!L7?[ZE32CQKCQRU_ %!+ P04    " !3,:A0_\ F"+T   "% @  &@
M 'AL+U]R96QS+W=O<FMB;V]K+GAM;"YR96QSK9)!"H,P$ "_(GE 5VWIH:BG
M7KRV_4#0U8B:A.R6ZN^;>E%!H0<O"6'#S$"2/+"3W!A-JK$4#'VG*16*V=X
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M7?S-R$=*[4%?#?_)\@M02P$"% ,4    " !3,:A0'R// \     3 @  "P
M            @ $     7W)E;',O+G)E;'-02P$"% ,4    " !3,:A0)^B'
M#H(   "Q    $               @ 'I    9&]C4')O<',O87!P+GAM;%!+
M 0(4 Q0    ( %,QJ% )P@,K[P   "L"   1              "  9D!  !D
M;V-0<F]P<R]C;W)E+GAM;%!+ 0(4 Q0    ( %,QJ%"97)PC$ 8  )PG   3
M              "  ;<"  !X;"]T:&5M92]T:&5M93$N>&UL4$L! A0#%
M  @ 4S&H4)-!R]#! @  R@P  !@              ( !^ @  'AL+W=O<FMS
M:&5E=',O<VAE970Q+GAM;%!+ 0(4 Q0    ( %,QJ%"'A+6?TP,  #8*   4
M              "  >\+  !X;"]S:&%R9613=')I;F=S+GAM;%!+ 0(4 Q0
M   ( %,QJ%"ZH3F*UP$  #(&   -              "  ?0/  !X;"]S='EL
M97,N>&UL4$L! A0#%     @ 4S&H4!9M(W]# 0  / (   \
M ( !]A$  'AL+W=O<FMB;V]K+GAM;%!+ 0(4 Q0    ( %,QJ%#_P"8(O0
M (4"   :              "  683  !X;"]?<F5L<R]W;W)K8F]O:RYX;6PN
M<F5L<U!+ 0(4 Q0    ( %,QJ% +C]@#(0$  %<$   3              "
M 5L4  !;0V]N=&5N=%]4>7!E<UTN>&UL4$L%!@     *  H @ (  *T5
!  $!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>14
<FILENAME>FilingSummary.xml
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<XML>
<?xml version='1.0' encoding='utf-8'?>
<FilingSummary>
  <Version>3.20.1</Version>
  <ProcessingTime/>
  <ReportFormat>html</ReportFormat>
  <ContextCount>1</ContextCount>
  <ElementCount>95</ElementCount>
  <EntityCount>1</EntityCount>
  <FootnotesReported>false</FootnotesReported>
  <SegmentCount>0</SegmentCount>
  <ScenarioCount>0</ScenarioCount>
  <TuplesReported>false</TuplesReported>
  <UnitCount>0</UnitCount>
  <MyReports>
    <Report instance="d904911d8ka.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R1.htm</HtmlFileName>
      <LongName>100000 - Document - Document and Entity Information</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.apolloreit.com//20200507/taxonomy/role/DocumentDocumentAndEntityInformation</Role>
      <ShortName>Document and Entity Information</ShortName>
      <MenuCategory>Cover</MenuCategory>
      <Position>1</Position>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <LongName>All Reports</LongName>
      <ReportType>Book</ReportType>
      <ShortName>All Reports</ShortName>
    </Report>
  </MyReports>
  <InputFiles>
    <File doctype="8-K/A" original="d904911d8ka.htm">d904911d8ka.htm</File>
    <File>ari-20200507.xsd</File>
    <File>ari-20200507_lab.xml</File>
    <File>ari-20200507_pre.xml</File>
    <File>d904911dex991.htm</File>
  </InputFiles>
  <SupplementalFiles/>
  <BaseTaxonomies>
    <BaseTaxonomy>http://xbrl.sec.gov/dei/2019-01-31</BaseTaxonomy>
  </BaseTaxonomies>
  <HasPresentationLinkbase>true</HasPresentationLinkbase>
  <HasCalculationLinkbase>false</HasCalculationLinkbase>
</FilingSummary>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>ZIP
<SEQUENCE>15
<FILENAME>0001193125-20-136832-xbrl.zip
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
begin 644 0001193125-20-136832-xbrl.zip
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MR47::W#ML0VX7K"G(Y?*-N/JTZ9DS1BS]3FN3]KS/C^:[QOZ^1M02P,$%
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M?VXH(]UJIC "-&J(,DK\0&!](Q2"XIH@PW^UV0!="6X9UF3CC(;! ,_@XM(
MO;H&Z!V= 7JV!NBY,$#O^QE@M.3.#(!$P]H I5Q<&J!?UP#]HS- W]8 ?1<&
MZ']' R@]N/L9@$3$W@+E;-!-,%2;MV+$E^Q9%LBG'X,!#'1,\G\*0Q/_+J0C
MZ>LRP 7H0KBBQR90)GD[%NAB3RX<W8H[P1\I"RI>_RS". ;9%Q$S:7\G%LT
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M)[>ZP6R'7Y\Q'V9SMV[Y!U!+ P04    " !3,:A0R07D(,(0  "N<P  #P
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M9-X7HH>,T#'X9["16+WHBPGILT \(IVQ$;E!CFN_D@$/4!&Y JW4+/2!_EH
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M^9 I/$ @BKF^B&#3*2T+WN!'RS# >JP>U,RI@;856!UY '$%F?DZ$DDT29<
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M_P%02P$"% ,4    " !3,:A0E;^H7R(#  #."@  $               @ $
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;,2YH=&U02P4&      4 !0 ^ 0  *3,

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
