XML 67 R57.htm IDEA: XBRL DOCUMENT v3.21.1

Secured Debt Arrangements, Net - Weighted Average Maturities and Interest Rates of Borrowings (Details) kr in Thousands, € in Millions, £ in Millions	3 Months Ended
	Mar. 31, 2021 USD ($)	Mar. 31, 2020 USD ($)	Mar. 31, 2021 SEK (kr)	Mar. 31, 2021 GBP (£)	Mar. 31, 2021 EUR (€)	Dec. 31, 2020 USD ($)	Jun. 30, 2020 USD ($)	Dec. 31, 2019 USD ($)	Nov. 30, 2017 USD ($)
Debt Instrument [Line Items]
Less: deferred financing costs	$ (10,496,000)					$ (7,130,000)
Percentage of secured debt that is recourse debt	53.00%		53.00%	53.00%	53.00%	55.00%
Line of Credit
Debt Instrument [Line Items]
Maximum Amount of Borrowings	$ 4,260,773,000					$ 4,395,764,000
Borrowings outstanding	3,418,579,000					3,436,672,000
Less: deferred financing costs	$ (11,800,000)					(12,993,000)
Line of Credit | Weighted Average
Debt Instrument [Line Items]
Weighted average advance rate	64.50%	63.70%
Line of Credit | London Interbank Offered Rate (LIBOR) | Weighted Average
Debt Instrument [Line Items]
Weighted average rate	2.14%	2.16%
Line of Credit | GBP London Interbank Offered Rate (LIBOR) | Weighted Average
Debt Instrument [Line Items]
Weighted average rate	2.03%	1.83%
Line of Credit | EUR London Interbank Offered Rate (LIBOR) | Weighted Average
Debt Instrument [Line Items]
Weighted average rate	1.46%	1.46%
Line of Credit | SEK London Interbank Offered Rate (LIBOR) | Weighted Average
Debt Instrument [Line Items]
Weighted average rate	1.50%
Line of Credit | JP Morgan Chase, DB Repurchase Facility, Goldman Sachs, Credit Suisse and HSBC Facilities
Debt Instrument [Line Items]
Maximum Amount of Borrowings	$ 3,087,475,000					3,538,036,000
Borrowings outstanding	2,257,081,000					2,591,937,000
Line of Credit | Deutsche Bank Repurchase Facility
Debt Instrument [Line Items]
Maximum Amount of Borrowings		$ 700,000,000.0						$ 1,000,000,000.0
Borrowings outstanding	425,800,000
Line of Credit | Goldman Facility
Debt Instrument [Line Items]
Maximum Amount of Borrowings									$ 500,000,000.0
Borrowings outstanding	322,200,000
Line of Credit | Barclays Securitization
Debt Instrument [Line Items]
Borrowings outstanding			kr 1,300,000	£ 638.3	€ 122.4
Line of Credit | JP Morgan Chase, DB Repurchase Facility, Goldman Sachs, Credit Suisse, Barclays Facility, HSBC Facilities And Barclays Securitization
Debt Instrument [Line Items]
Maximum Amount of Borrowings	4,260,773,000					4,395,764,000
Borrowings outstanding	$ 3,430,379,000					3,449,665,000
USD | Line of Credit | Weighted Average
Debt Instrument [Line Items]
Weighted average advance rate	62.20%	62.50%
USD | Line of Credit | JP Morgan Facility
Debt Instrument [Line Items]
Maximum Amount of Borrowings	$ 1,115,133,000					1,113,156,000
Borrowings outstanding	911,539,000					984,125,000
USD | Line of Credit | Deutsche Bank Repurchase Facility
Debt Instrument [Line Items]
Maximum Amount of Borrowings	700,000,000					1,000,000,000
Borrowings outstanding	425,803,000					520,457,000
USD | Line of Credit | Goldman Facility
Debt Instrument [Line Items]
Maximum Amount of Borrowings	500,000,000					500,000,000
Borrowings outstanding	322,217,000					332,352,000
USD | Line of Credit | Credit Suisse Facility
Debt Instrument [Line Items]
Maximum Amount of Borrowings	230,205,000					374,251,000
Borrowings outstanding	220,193,000					369,182,000
USD | Line of Credit | Barclays Facility
Debt Instrument [Line Items]
Maximum Amount of Borrowings	200,000,000.0					200,000,000
Borrowings outstanding	$ 35,192,000					$ 35,192,000
Fx contracts - GBP | Line of Credit
Debt Instrument [Line Items]
Currency conversion rate	1.38		1.38	1.38	1.38	1.37
Fx contracts - GBP | Line of Credit | Weighted Average
Debt Instrument [Line Items]
Weighted average advance rate	60.60%	68.70%
Fx contracts - GBP | Line of Credit | JP Morgan Facility
Debt Instrument [Line Items]
Maximum Amount of Borrowings	$ 114,487,000					$ 113,548,000
Borrowings outstanding	$ 114,487,000					$ 113,548,000
Fx contracts - EUR | Line of Credit
Debt Instrument [Line Items]
Currency conversion rate	1.17		1.17	1.17	1.17	1.22
Fx contracts - EUR | Line of Credit | Weighted Average
Debt Instrument [Line Items]
Weighted average advance rate	69.00%	60.80%
Fx contracts - EUR | Line of Credit | JP Morgan Facility
Debt Instrument [Line Items]
Maximum Amount of Borrowings	$ 70,380,000					$ 73,296,000
Borrowings outstanding	70,380,000					73,296,000
Fx contracts - EUR | Line of Credit | HSBC Facility
Debt Instrument [Line Items]
Maximum Amount of Borrowings	157,270,000					163,785,000
Borrowings outstanding	$ 157,270,000					163,785,000
Kronor | Line of Credit
Debt Instrument [Line Items]
Currency conversion rate	0.11		0.11	0.11	0.11
Kronor | Line of Credit | Weighted Average
Debt Instrument [Line Items]
Weighted average advance rate	80.80%
VIE | Line of Credit | Barclays Securitization
Debt Instrument [Line Items]
Maximum Amount of Borrowings	$ 1,173,298,000					857,728,000
Borrowings outstanding	1,173,298,000					$ 857,728,000	$ 782,000,000.0
VIE | Line of Credit | Barclays Securitization | Weighted Average
Debt Instrument [Line Items]
Borrowings outstanding	1,173,298,000
VIE | Fx contracts - GBP | Line of Credit | Barclays Securitization | Weighted Average
Debt Instrument [Line Items]
Borrowings outstanding	879,815,000
VIE | Fx contracts - EUR | Line of Credit | Barclays Securitization | Weighted Average
Debt Instrument [Line Items]
Borrowings outstanding	$ 143,600,000
VIE | Kronor | Line of Credit | Barclays Securitization | Weighted Average
Debt Instrument [Line Items]
Borrowings outstanding | kr			kr 149,883

X

- Definition

Debt Instrument, Advance Rate

+ References

No definition available.

+ Details

Name:	ari_DebtInstrumentAdvanceRate
Namespace Prefix:	ari_
Data Type:	num:percentItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Debt Instrument, Currency, Conversion Rate

+ References

No definition available.

+ Details

Name:	ari_DebtInstrumentCurrencyConversionRate
Namespace Prefix:	ari_
Data Type:	xbrli:pureItemType
Balance Type:	na
Period Type:	instant

X

- Definition

Debt Instrument, Recourse Debt, Percent

+ References

No definition available.

+ Details

Name:	ari_DebtInstrumentRecourseDebtPercent
Namespace Prefix:	ari_
Data Type:	num:percentItemType
Balance Type:	na
Period Type:	instant

X

- Definition

Percentage points added to the reference rate to compute the variable rate on the debt instrument.

+ References

No definition available.

+ Details

Name:	us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
Namespace Prefix:	us-gaap_
Data Type:	num:percentItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

No definition available.

+ Details

Name:	us-gaap_DebtInstrumentLineItems
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Amount, after accumulated amortization, of debt issuance costs. Includes, but is not limited to, legal, accounting, underwriting, printing, and registration costs.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.17)
-URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=119993939&loc=d3e28555-108399

+ Details

Name:	us-gaap_DeferredFinanceCostsNet
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	instant

X

- Definition

Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.19(b),22(b))
-URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682

+ Details

Name:	us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

X

- Definition

Amount, after the effects of master netting arrangements, of funds outstanding borrowed in the form of a security repurchase agreement between the entity and another party for the sale and repurchase of identical or substantially the same securities at a date certain for a specified price. Includes liabilities not subject to a master netting arrangement and not elected to be offset.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 20
-Section 55
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=99393222&loc=SL20226008-175313

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 20
-Section 50
-Paragraph 3
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=51824906&loc=SL20225862-175312

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 20
-Section 45
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=49176635&loc=d3e9760-107771

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 210
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-03.13(1))
-URI http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878

Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(m)(1)(a)(i))
-URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690

+ Details

Name:	us-gaap_SecuritiesSoldUnderAgreementsToRepurchase
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

X

- Details

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

X

- Details

Name:	srt_RangeAxis=srt_WeightedAverageMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_VariableRateAxis=us-gaap_LondonInterbankOfferedRateLIBORMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_VariableRateAxis=ari_GBPLondonInterbankOfferedRateLIBORMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_VariableRateAxis=ari_EURLondonInterbankOfferedRateLIBORMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_VariableRateAxis=ari_SEKLondonInterbankOfferedRateLIBORMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_LineOfCreditFacilityAxis=ari_JPMorganChaseDBRepurchaseFacilityGoldmanSachsCreditSuisseBarclaysFacilityAndHSBCFacilitiesMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

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

X

- Details

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

X

- Details

Name:	us-gaap_LineOfCreditFacilityAxis=ari_BarclaysSecuritizationMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_LineOfCreditFacilityAxis=ari_JPMorganChaseDBRepurchaseFacilityGoldmanSachsCreditSuisseBarclaysFacilityHSBCFacilitiesAndBarclaysSecuritizationMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	srt_CurrencyAxis=currency_USD
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

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

X

- Details

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

X

- Details

Name:	us-gaap_LineOfCreditFacilityAxis=ari_BarclaysFacilityMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	srt_CurrencyAxis=currency_GBP
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	srt_CurrencyAxis=currency_EUR
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

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

X

- Details

Name:	srt_CurrencyAxis=currency_SEK
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	srt_ConsolidatedEntitiesAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type: