XML 107 R96.htm IDEA: XBRL DOCUMENT
v3.22.0.1

Schedule IV - Mortgage Loans on Real Estate - Summary of Changes in Carrying Amounts of Mortgage Loans (Details) - USD ($) $ in Thousands |  | 3 Months Ended | 12 Months Ended |
--- | --- | --- | --- | ---
May 24, 2021 | Dec. 31, 2021 | Sep. 30, 2021 | Jun. 30, 2021 | Dec. 31, 2020 | Sep. 30, 2020 | Jun. 30, 2020 | Mar. 31, 2020 | Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | Mar. 31, 2021
SEC Schedule, 12-29, Real Estate Companies, Investment in Movement in Mortgage Loans on Real Estate [Roll Forward] |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balance at beginning of year |  |  |  |  |  |  |  | $ 6,375,093 | $ 6,496,977 |  | $ 6,375,093 |  |  |
Loan fundings |  |  |  |  |  |  |  |  | 3,334,062 |  | 876,658 |  |  |
Loan repayments |  |  |  |  |  |  |  |  | (1,881,211) |  | (683,254) |  |  |
Gain (loss) on foreign currency translation |  |  |  |  |  |  |  |  | (93,241) |  | 80,618 |  |  |
Realized loss on investment |  |  |  |  |  |  |  |  | (20,767) |  | (42,465) |  |  |
Transfer to real estate owned, held for sale |  |  |  |  |  |  |  |  | (45,289) |  | (12,255) |  |  |
Specific CECL Allowance |  |  |  |  |  |  |  |  | 30,000 |  | (118,019) |  |  |
General CECL Allowance |  |  |  |  |  |  |  |  | 4,514 |  | (10,323) |  |  |
Deferred Fees |  |  |  |  |  |  |  |  | (42,911) |  | (6,455) |  |  |
PIK interest, amortization of fees and other items |  |  |  |  |  |  |  |  | 75,126 |  | 65,158 |  |  |
Balance at the close of year |  | $ 7,857,260 |  |  | $ 6,496,977 |  |  |  | 7,857,260 |  | 6,496,977 |  | $ 6,375,093 |
Realized loss on investments |  |  |  |  |  |  |  |  | 20,767 |  | 47,632 |  | 12,513 |
Specific CECL (allowance) reversal | $ 10,000 |  |  |  |  |  |  |  | (30,000) |  | 118,019 |  | 13,000 |
Provision for (reversal of) loan losses, net |  |  |  |  |  |  |  |  | (34,773) | [1] | 125,600 | [1] | 20,000 |
Financing receivable, loan specific, credit loss, expense, net of reversal |  |  |  |  |  |  |  |  | (10,000) |  |  |  |  |
Off-balance sheet, credit loss, liability |  | 3,106 | $ 2,193 | $ 2,444 | 3,365 | $ 3,595 | $ 4,119 | 6,059 | 3,106 |  | 3,365 |  | 0 | $ 3,794
Adjustment due to Adoption of ASU |  |  |  |  |  |  |  |  |  |  |  |  |  |
SEC Schedule, 12-29, Real Estate Companies, Investment in Movement in Mortgage Loans on Real Estate [Roll Forward] |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balance at beginning of year |  |  |  |  |  |  |  | (27,779) |  |  | (27,779) |  |  |
Balance at the close of year |  |  |  |  |  |  |  |  |  |  |  |  | (27,779) |
Off-balance sheet, credit loss, liability |  |  |  |  |  |  |  |  |  |  |  |  | $ 3,088 |
Commercial Mortgage and Subordinated Portfolio Segment |  |  |  |  |  |  |  |  |  |  |  |  |  |
SEC Schedule, 12-29, Real Estate Companies, Investment in Movement in Mortgage Loans on Real Estate [Roll Forward] |  |  |  |  |  |  |  |  |  |  |  |  |  |
Gain (loss) on foreign currency translation |  |  |  |  |  |  |  |  | (94,205) |  |  |  |  |
Realized loss on investment |  |  |  |  |  |  |  |  | 20,767 |  |  |  |  |
Realized loss on investments |  |  |  |  |  |  |  |  | 20,000 |  |  |  |  |
Specific CECL (allowance) reversal |  |  |  |  |  |  |  |  | 30,000 |  |  |  |  |
Provision for (reversal of) loan losses, net |  | $ 0 | $ 0 | $ (20,000) | $ 0 | $ (550) | $ 5,500 | $ 150,000 |  |  |  |  |  |
Affiliated Entity | Commercial Mortgage and Subordinated Portfolio Segment |  |  |  |  |  |  |  |  |  |  |  |  |  |
SEC Schedule, 12-29, Real Estate Companies, Investment in Movement in Mortgage Loans on Real Estate [Roll Forward] |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash flows between transferor and transferee, proceeds from new transfers, amount funded |  |  |  |  |  |  |  |  |  |  | 208,500 |  |  |
Hotel - Washington D.C. |  |  |  |  |  |  |  |  |  |  |  |  |  |
SEC Schedule, 12-29, Real Estate Companies, Investment in Movement in Mortgage Loans on Real Estate [Roll Forward] |  |  |  |  |  |  |  |  |  |  |  |  |  |
Specific CECL (allowance) reversal |  |  |  |  |  |  |  |  | $ 10,000 |  |  |  |  |
Residential Condominium - Bethesda, MD |  |  |  |  |  |  |  |  |  |  |  |  |  |
SEC Schedule, 12-29, Real Estate Companies, Investment in Movement in Mortgage Loans on Real Estate [Roll Forward] |  |  |  |  |  |  |  |  |  |  |  |  |  |
Specific CECL (allowance) reversal |  |  |  |  |  |  |  |  |  |  | 1,100 |  |  |
Residential Condominium - Bethesda, MD | Commercial Mortgage and Subordinated Portfolio Segment |  |  |  |  |  |  |  |  |  |  |  |  |  |
SEC Schedule, 12-29, Real Estate Companies, Investment in Movement in Mortgage Loans on Real Estate [Roll Forward] |  |  |  |  |  |  |  |  |  |  |  |  |  |
Realized loss on investment |  |  |  |  |  |  |  |  |  |  | (11,100) |  |  |
Specific CECL (allowance) reversal |  |  |  |  |  |  |  |  |  |  | 11,100 |  |  |
Miscellaneous Properties | Commercial Mortgage and Subordinated Portfolio Segment |  |  |  |  |  |  |  |  |  |  |  |  |  |
SEC Schedule, 12-29, Real Estate Companies, Investment in Movement in Mortgage Loans on Real Estate [Roll Forward] |  |  |  |  |  |  |  |  |  |  |  |  |  |
Realized loss on investment |  |  |  |  |  |  |  |  |  |  | (26,000) |  |  |
Specific CECL (allowance) reversal |  |  |  |  |  |  |  |  |  |  | 24,500 |  |  |
Miscellaneous Properties Two | Commercial Mortgage and Subordinated Portfolio Segment |  |  |  |  |  |  |  |  |  |  |  |  |  |
SEC Schedule, 12-29, Real Estate Companies, Investment in Movement in Mortgage Loans on Real Estate [Roll Forward] |  |  |  |  |  |  |  |  |  |  |  |  |  |
Realized loss on investment |  |  |  |  |  |  |  |  |  |  | $ (5,200) |  |  |
[1] | Comprised of $30,000 and $(118,019) Specific CECL Reversals (Allowance) for the years ended December 31, 2021 and 2020, respectively, $4,773 and $(10,600) of General CECL Reversals (Allowance) for the years ended December 31, 2021 and 2020, respectively, and a $3,019 reversal of a previously recorded impairment on an equity investment for the year ended December 31, 2020. For the year ended December 31, 2019 the balance represents provision per loan losses as determined by the authoritative guidance at the time.

X
- Definition Cash Flows Between Transferor and Transferee, Proceeds from New Transfers, Amount Funded + References No definition available. + Details
Name: | ari_CashFlowsBetweenTransferorAndTransfereeProceedsFromNewTransfersAmountFunded
Namespace Prefix: | ari_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

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

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, General Allowance, Credit Loss, Expense (Reversal) + References No definition available. + Details
Name: | ari_FinancingReceivableLoanSpecificGeneralAllowanceCreditLossExpenseReversal
Namespace Prefix: | ari_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Loans and Leases Receivable, Gross, Foreign Currency Gain (Loss) + References No definition available. + Details
Name: | ari_LoansandLeasesReceivableGrossForeignCurrencyGainLoss
Namespace Prefix: | ari_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Mortgage Loans on Real Estate, Deferred Fees + References No definition available. + Details
Name: | ari_MortgageLoansonRealEstateDeferredFees
Namespace Prefix: | ari_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Mortgage Loans on Real Estate, Payment-in-kind Interest, Amortization Of Fees And Other + References No definition available. + Details
Name: | ari_MortgageLoansonRealEstatePaymentinkindInterestAmortizationOfFeesAndOther
Namespace Prefix: | ari_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Mortgage Loans on Real Estate, Provision for Loan Losses + References No definition available. + Details
Name: | ari_MortgageLoansonRealEstateProvisionforLoanLosses
Namespace Prefix: | ari_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Real Estate Owned, Transfer To Real Estate Owned, Held For Sale, Net + References No definition available. + Details
Name: | ari_RealEstateOwnedTransferToRealEstateOwnedHeldForSaleNet
Namespace Prefix: | ari_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of decrease in investment in mortgage loan on real estate by entity with substantial portion of business acquiring and holding investment real estate or interest in real estate, from collection of principal. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 12 -Footnote 6 -Subsection 29 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 948 -SubTopic 310 -Section S99 -Paragraph 1 -Subparagraph (SX 210.12-29(Footnote 6)) -URI http://asc.fasb.org/extlink&oid=120402547&loc=d3e617274-123014 + Details
Name: | srt_MortgageLoansOnRealEstateCollectionsOfPrincipal
Namespace Prefix: | srt_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of realized loss on investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 9 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123581744&loc=d3e27357-111563 + Details
Name: | us-gaap_DebtSecuritiesAvailableForSaleRealizedLoss
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Reflects the net positive or negative amount derived from subtracting from net proceeds of sale and the carrying amounts, net of allocated reserves, of financial assets transferred to third parties in transactions that qualify for sales treatment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 860 -SubTopic 20 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=121570589&loc=d3e107425-111719 + Details
Name: | us-gaap_LoansAndLeasesReceivableGainLossOnSalesNet
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of investment in mortgage loan on real estate by entity with substantial portion of business acquiring and holding investment real estate or interest in real estate. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 948 -SubTopic 310 -Section S99 -Paragraph 1 -Subparagraph (SX 210.12-29(Column G)) -URI http://asc.fasb.org/extlink&oid=120402547&loc=d3e617274-123014 + Details
Name: | us-gaap_MortgageLoansOnRealEstate
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amount of increase in mortgage loan on real estate by entity with substantial portion of business acquiring and holding investment real estate or interest in real estate, from new investment. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 948 -SubTopic 310 -Section S99 -Paragraph 1 -Subparagraph (SX 210.12-29(Footnote 6)) -URI http://asc.fasb.org/extlink&oid=120402547&loc=d3e617274-123014 + Details
Name: | us-gaap_MortgageLoansOnRealEstateNewMortgageLoans
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. + References No definition available. + Details
Name: | us-gaap_MovementInMortgageLoansOnRealEstateRollForward
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount of expected credit loss for credit exposure on off-balance-sheet commitment, including but not limited to, loan commitment, standby letter of credit, financial guarantee not accounted for as insurance. Excludes off-balance sheet credit exposure accounted for as insurance and instrument accounted for under derivatives and hedging. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 460 -SubTopic 10 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121611286&loc=d3e11927-110247 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=124255206&loc=SL82919202-210446 + Details
Name: | us-gaap_OffBalanceSheetCreditLossLiability
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of credit loss expense (reversal of expense) for financing receivable. + 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 (b) -URI http://asc.fasb.org/extlink&oid=124255953&loc=SL82919249-210447 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(11)) -URI http://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260 + Details
Name: | us-gaap_ProvisionForLoanLossesExpensed
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Details
Name: | srt_CumulativeEffectPeriodOfAdoptionAxis=srt_CumulativeEffectPeriodOfAdoptionAdjustmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

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

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

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

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