XML 63 R53.htm IDEA: XBRL DOCUMENT
v3.21.2

Commercial Mortgage, Subordinate Loans and Other Lending Assets, Net - Cost Recovery Loans (Details) |  | 3 Months Ended | 6 Months Ended |  |  |  |
--- | --- | --- | --- | --- | --- | --- | ---
May 24, 2021 USD ($) | Jun. 30, 2021 USD ($) | Jun. 30, 2020 USD ($) | Jun. 30, 2021 USD ($) | Jun. 30, 2020 USD ($) | Mar. 31, 2021 USD ($) | Dec. 31, 2020 USD ($) | Mar. 31, 2020 USD ($) | Dec. 31, 2019 USD ($)
Financing Receivable, Credit Quality Indicator [Line Items] |  |  |  |  |  |  |  |  |
Specific CECL allowance |  | $ 145,000,000 |  | $ 145,000,000 |  |  | $ 175,000,000 |  |
Amortized cost |  | 397,200,000 | $ 373,500,000 | 397,200,000 | $ 373,500,000 |  |  |  |
Specific CECL Allowance | $ (10,000,000.0) | 30,000,000 | 9,500,000 | 30,000,000 | (140,500,000) |  |  |  |
Specific CECL allowance (reversal), net of previously recorded amount |  | 20,000,000.0 |  |  |  |  |  |  |
Total carrying value, net |  | 7,520,105,000 | 6,496,977,000 | 7,520,105,000 | 6,496,977,000 |  | 6,496,977,000 |  |
Payment in kind interest |  | 13,700,000 | 12,400,000 | 30,600,000 | 24,800,000 |  |  |  |
Commercial Mortgage and Subordinated Portfolio Segment |  |  |  |  |  |  |  |  |
Financing Receivable, Credit Quality Indicator [Line Items] |  |  |  |  |  |  |  |  |
Specific CECL allowance |  | 145,000,000 | 197,481,000 | 145,000,000 | $ 197,481,000 | $ 175,000,000 | 175,000,000 | $ 206,981,000 | $ 56,981,000
Specific CECL Allowance |  |  |  | (30,000,000) |  |  |  |  |
Write-offs, specific CECL allowance, funded |  | (10,000,000) | $ (15,000,000) |  |  |  |  |  |
Total carrying value, net |  | $ 146,500,000 |  | 146,500,000 |  |  | $ 136,100,000 |  |
Minimum |  |  |  |  |  |  |  |  |
Financing Receivable, Credit Quality Indicator [Line Items] |  |  |  |  |  |  |  |  |
Financing receivable, rent, price per square foot |  |  |  | 50 |  |  |  |  |
Maximum |  |  |  |  |  |  |  |  |
Financing Receivable, Credit Quality Indicator [Line Items] |  |  |  |  |  |  |  |  |
Financing receivable, rent, price per square foot |  |  |  | $ 215 |  |  |  |  |
Maximum | Urban Predevelopment | Capitalization Rate |  |  |  |  |  |  |  |  |
Financing Receivable, Credit Quality Indicator [Line Items] |  |  |  |  |  |  |  |  |
Loan collateral, measurement input |  | 0.055 |  | 0.055 |  |  |  |  |
Retail Center - Cincinnati, OH |  |  |  |  |  |  |  |  |
Financing Receivable, Credit Quality Indicator [Line Items] |  |  |  |  |  |  |  |  |
Specific CECL Allowance |  |  |  | $ (67,000,000.0) |  |  |  |  |
Payment in kind interest |  | $ 400,000 |  | $ 800,000 |  |  |  |  |
Retail Center - Cincinnati, OH | Capitalization Rate |  |  |  |  |  |  |  |  |
Financing Receivable, Credit Quality Indicator [Line Items] |  |  |  |  |  |  |  |  |
Loan collateral, measurement input |  | 0.083 |  | 0.083 |  |  |  |  |
Mortgage, Amortized cost |  |  |  |  |  |  |  |  |
Financing Receivable, Credit Quality Indicator [Line Items] |  |  |  |  |  |  |  |  |
Amortized cost prior to Specific CECL Allowance |  | $ 542,244,000 |  | $ 542,244,000 |  |  |  |  |
Specific CECL allowance |  | 145,000,000 |  | 145,000,000 |  |  |  |  |
Amortized cost |  | 397,244,000 |  | 397,244,000 |  |  |  |  |
Mortgage, Amortized cost | Urban Predevelopment - Brooklyn, NY |  |  |  |  |  |  |  |  |
Financing Receivable, Credit Quality Indicator [Line Items] |  |  |  |  |  |  |  |  |
Amortized cost prior to Specific CECL Allowance |  | 182,652,000 |  | 182,652,000 |  |  |  |  |
Specific CECL allowance |  | 10,000,000 |  | 10,000,000 |  |  |  |  |
Amortized cost |  | 172,652,000 |  | 172,652,000 |  |  |  |  |
Mortgage, Amortized cost | Urban Predevelopment - Miami, FL |  |  |  |  |  |  |  |  |
Financing Receivable, Credit Quality Indicator [Line Items] |  |  |  |  |  |  |  |  |
Amortized cost prior to Specific CECL Allowance |  | 187,135,000 |  | 187,135,000 |  |  |  |  |
Specific CECL allowance |  | 68,000,000 |  | 68,000,000 |  |  |  |  |
Amortized cost |  | 119,135,000 |  | 119,135,000 |  |  |  |  |
Total carrying value, net |  | 180,500,000 |  | 180,500,000 |  |  |  |  |
Mortgage, Amortized cost | Retail Center - Cincinnati, OH |  |  |  |  |  |  |  |  |
Financing Receivable, Credit Quality Indicator [Line Items] |  |  |  |  |  |  |  |  |
Amortized cost prior to Specific CECL Allowance |  | 172,457,000 |  | 172,457,000 |  |  |  |  |
Specific CECL allowance |  | 67,000,000 |  | 67,000,000 |  |  |  |  |
Amortized cost |  | $ 105,457,000 |  | $ 105,457,000 |  |  |  |  |

X
- Definition Financing Receivable, Cost Recovery + References No definition available. + Details
Name: | ari_FinancingReceivableCostRecovery
Namespace Prefix: | ari_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Financing Receivable, Cost Recovery, Net + References No definition available. + Details
Name: | ari_FinancingReceivableCostRecoveryNet
Namespace Prefix: | ari_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Financing Receivable, Loan Specific, Credit Loss, Expense (Reversal) + References No definition available. + Details
Name: | ari_FinancingReceivableLoanSpecificCreditLossExpenseReversal
Namespace Prefix: | ari_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Financing Receivable, Loan Specific, Credit Loss, Expense (Reversal), Net Of Previously Recorded Amount + References No definition available. + Details
Name: | ari_FinancingReceivableLoanSpecificCreditLossExpenseReversalNetOfPreviouslyRecordedAmount
Namespace Prefix: | ari_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Financing Receivable, Rent, Price Per Square Foot + References No definition available. + Details
Name: | ari_FinancingReceivableRentPricePerSquareFoot
Namespace Prefix: | ari_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Loan Collateral, Measurement Input + References No definition available. + Details
Name: | ari_LoanCollateralMeasurementInput
Namespace Prefix: | ari_
Data Type: | xbrli:pureItemType
Balance Type: | na
Period Type: | instant

X
- Definition Amount of allowance for credit loss on financing receivable. Excludes allowance for financing receivable covered under loss sharing agreement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11B -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=123577603&loc=SL6953423-111524 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(7)(2)) -URI http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=124255206&loc=SL82895884-210446 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 13 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=124255953&loc=SL82919249-210447 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 13 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=124255953&loc=SL82919249-210447 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 1405 -Paragraph (a) -Subparagraph (3) Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 1405 -Paragraph (c) Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 1405 -Paragraph (a) -Subparagraph (1) + Details
Name: | us-gaap_FinancingReceivableAllowanceForCreditLosses
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of writeoff of financing receivable, charged against allowance for credit loss. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 13 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=124255953&loc=SL82919249-210447 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11B -Subparagraph (c)(3) -URI http://asc.fasb.org/extlink&oid=123577603&loc=SL6953423-111524 Reference 3: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 55 -Paragraph 79 -URI http://asc.fasb.org/extlink&oid=124267575&loc=SL82922352-210448 + Details
Name: | us-gaap_FinancingReceivableAllowanceForCreditLossesWriteOffs
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_FinancingReceivableRecordedInvestmentLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

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 Interest paid other than in cash for example by issuing additional debt securities. As a noncash item, it is added to net income when calculating cash provided by or used in operations using the indirect method. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123570139&loc=d3e3602-108585 + Details
Name: | us-gaap_PaidInKindInterest
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

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

X
- Details
Name: | srt_RangeAxis=srt_MinimumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RangeAxis=srt_MaximumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis=ari_UrbanPredevelopmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_MeasurementInputTypeAxis=ari_MeasurementInputTerminalCapitalizationRateMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=ari_RetailCenterCincinnatiOHMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

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

X
- Details
Name: | srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=ari_MultifamilyPredevelopmentBrooklynNYMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=ari_MiamiFLMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |