XML 89 R79.htm IDEA: XBRL DOCUMENT
v3.21.2

Related Party Transactions (Details) $ in Thousands, £ in Millions | 1 Months Ended | 3 Months Ended | 6 Months Ended |  |  |  |
--- | --- | --- | --- | --- | --- | --- | ---
Jun. 30, 2021 USD ($) | Mar. 31, 2021 USD ($) | Jan. 31, 2020 USD ($) | Jan. 31, 2020 GBP (£) | Jun. 30, 2021 USD ($) | Jun. 30, 2020 USD ($) | Mar. 31, 2020 USD ($) | Mar. 31, 2020 GBP (£) | Jun. 30, 2021 USD ($) | Jun. 30, 2020 USD ($) | Jun. 29, 2021 USD ($) | May 24, 2021 USD ($) | Dec. 31, 2020 USD ($) | Dec. 31, 2017 USD ($)
Related Party Transaction [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Related party expenses |  |  |  |  |  | $ 9,440 | $ 9,957 |  |  | $ 18,804 | $ 20,225 |  |  |  |
Base management fees incurred but not yet paid |  | $ 9,440 |  |  |  | 9,440 |  |  |  | 9,440 |  |  |  | $ 9,598 |
Total carrying value, net |  | 7,520,105 |  |  |  | 7,520,105 | 6,496,977 |  |  | 7,520,105 | 6,496,977 |  |  | 6,496,977 |
Subordinate Mortgage Portfolio Segment |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Related Party Transaction [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total carrying value, net | [1] | 866,908 |  |  |  | 866,908 |  |  |  | $ 866,908 |  |  |  | 1,045,893 |
Hotel - Washington D.C. | Subordinate Mortgage Portfolio Segment |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Related Party Transaction [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Debt related to real estate owned, held for investment |  |  |  |  |  |  |  |  |  |  |  | $ 110,000 | $ 110,000 |  | $ 110,000
Hotel - Washington D.C. | Junior Mezzanine Loans |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Related Party Transaction [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total carrying value, net |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 20,000
Hotel - Washington D.C. | Senior Mezzanine Loans |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Related Party Transaction [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total carrying value, net |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ 24,500
Sale of Mezzanine Loan |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Related Party Transaction [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Proceeds from sale of loan |  |  |  | $ 81,300 | £ 62.2 |  |  | $ 81,300 | £ 62.2 |  |  |  |  |  |
Sale of Unfunded Commitment of Senior Mortgage |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Related Party Transaction [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Proceeds from sale of loan |  |  |  | $ 65,300 | £ 50.0 |  |  | $ 65,300 | £ 50.0 |  |  |  |  |  |
Arrangement fees |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Related Party Transaction [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Related party expenses |  | 400 | $ 200 |  |  |  |  |  |  |  |  |  |  |  |
Limited Liability Company |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Related Party Transaction [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Rate of management fees |  |  |  |  |  |  |  |  |  | 1.50% |  |  |  |  |
Extension period |  |  |  |  |  |  |  |  |  | 1 year |  |  |  |  |
Period of termination |  |  |  |  |  |  |  |  |  | 180 days |  |  |  |  |
Termination fee calculation period |  |  |  |  |  |  |  |  |  | 24 months |  |  |  |  |
Limited Liability Company | Management fees |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Related Party Transaction [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Base management fees incurred but not yet paid |  | $ 9,400 |  |  |  | 9,400 |  |  |  | $ 9,400 |  |  |  | $ 9,600 |
Affiliated Entity |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Related Party Transaction [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Debt instrument, face amount |  |  | $ 30,000 |  |  |  |  |  |  |  |  |  |  |  |
Affiliated Entity | Management fees |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Related Party Transaction [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Related party expenses |  |  |  |  |  | 9,400 | 10,000 |  |  | 18,800 | 20,200 |  |  |  |
Affiliated Entity | Reimbursements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Related Party Transaction [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Related party expenses |  |  |  |  |  | $ 700 | $ 500 |  |  | $ 1,300 | $ 1,100 |  |  |  |
[1] | Net of $183,199 and $213,102 CECL Allowances in 2021 and 2020, respectively, comprised of $145,000 and $175,000 Specific CECL Allowance and $38,199 and $38,102 General CECL Allowance, respectively.

X
- Definition Debt Related To Real Estate Owned, Held For Investment + References No definition available. + Details
Name: | ari_DebtRelatedToRealEstateOwnedHeldForInvestment
Namespace Prefix: | ari_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Related Party Transaction, Annual Management Fee, Rate + References No definition available. + Details
Name: | ari_RelatedPartyTransactionAnnualManagementFeeRate
Namespace Prefix: | ari_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Related Party Transaction, Extension Period + References No definition available. + Details
Name: | ari_RelatedPartyTransactionExtensionPeriod
Namespace Prefix: | ari_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Definition Related Party Transaction, Termination Fee Calculation Period + References No definition available. + Details
Name: | ari_RelatedPartyTransactionTerminationFeeCalculationPeriod
Namespace Prefix: | ari_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Definition Related party Transaction, Termination Notice Period + References No definition available. + Details
Name: | ari_RelatedpartyTransactionTerminationNoticePeriod
Namespace Prefix: | ari_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Definition Cash Flows between a transferor and a transferee attributable to newly transferred assets related to either a securitization, asset-backed financing arrangement, or similar transfer in which the transferor has continuing involvement with the transferred financial assets underlying the transaction (including, but not limited to, servicing, recourse, and restrictions on transferor's interests in the transferred financial assets). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 860 -SubTopic 20 -Section 50 -Paragraph 3 -Subparagraph (d)(1) -URI http://asc.fasb.org/extlink&oid=121570589&loc=d3e107207-111719 + Details
Name: | us-gaap_CashFlowsBetweenTransfereeAndTransferorProceedsFromNewTransfers
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Face (par) amount of debt instrument at time of issuance. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1B -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=124435984&loc=d3e28551-108399 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=124429444&loc=SL124452920-239629 Reference 5: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 55 -Paragraph 69C -URI http://asc.fasb.org/extlink&oid=123466577&loc=SL123495737-112612 Reference 6: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 55 -Paragraph 69B -URI http://asc.fasb.org/extlink&oid=123466577&loc=SL123495735-112612 + Details
Name: | us-gaap_DebtInstrumentFaceAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Carrying amount as of the balance sheet date of obligations due all related parties. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(k)(1)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 10 -Section S99 -Paragraph 1B -Subparagraph (SX 210.13-02(a)(4)(iii)(C)) -URI http://asc.fasb.org/extlink&oid=124359900&loc=SL124442552-122756 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 10 -Section S99 -Paragraph 1B -Subparagraph (SX 210.13-02(a)(5)) -URI http://asc.fasb.org/extlink&oid=124359900&loc=SL124442552-122756 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03.17) -URI http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 10 -Section S99 -Paragraph 1A -Subparagraph (SX 210.13-01(a)(4)(iv)) -URI http://asc.fasb.org/extlink&oid=124359900&loc=SL124442526-122756 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 10 -Section S99 -Paragraph 1A -Subparagraph (SX 210.13-01(a)(4)(iii)(B)) -URI http://asc.fasb.org/extlink&oid=124359900&loc=SL124442526-122756 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 10 -Section S99 -Paragraph 1A -Subparagraph (SX 210.13-01(a)(5)) -URI http://asc.fasb.org/extlink&oid=124359900&loc=SL124442526-122756 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 10 -Section S99 -Paragraph 1B -Subparagraph (SX 210.13-02(a)(4)(iv)) -URI http://asc.fasb.org/extlink&oid=124359900&loc=SL124442552-122756 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.15(3),(4)) -URI http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39549-107864 + Details
Name: | us-gaap_DueToRelatedPartiesCurrentAndNoncurrent
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The balance represents the amount of loans that are secured by real estate mortgages, offset by the reserve to cover probable credit losses on the loan portfolio. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03.1(c)) -URI http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910 + Details
Name: | us-gaap_MortgageLoansOnRealEstateCommercialAndConsumerNet
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Expenses recognized resulting from transactions (excluding transactions that are eliminated in consolidated or combined financial statements) with related party. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39549-107864 + Details
Name: | us-gaap_RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
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_RelatedPartyTransactionLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

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

X
- Details
Name: | srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=ari_HotelWashingtonD.C.Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis=ari_JuniorMezzanineLoansMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis=ari_SeniorMezzanineLoansMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RelatedPartyTransactionAxis=ari_SaleOfMezzanineLoanMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RelatedPartyTransactionAxis=ari_SaleOfUnfundedCommitmentOfSeniorMortgageMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RelatedPartyTransactionAxis=ari_ArrangementFeesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RelatedPartyTransactionsByRelatedPartyAxis=us-gaap_LimitedLiabilityCompanyMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RelatedPartyTransactionAxis=ari_ManagementFeesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RelatedPartyTransactionsByRelatedPartyAxis=srt_AffiliatedEntityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RelatedPartyTransactionAxis=ari_ReimbursementsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |