Apollo Commercial Real Estate Finance, Inc. (ARI) 10-K Annual Report Tue Feb 08 2022

Cover Page - USD ($)	12 Months Ended
Cover Page - USD ($)	Dec. 31, 2021	Feb. 07, 2022	Jun. 30, 2021
Cover [Abstract]
Document Type	10-K
Document Annual Report	true
Current Fiscal Year End Date	--12-31
Document Period End Date	Dec. 31, 2021
Document Transition Report	false
Entity File Number	001-34452
Entity Registrant Name	Apollo Commercial Real Estate Finance, Inc.
Entity Incorporation, State or Country Code	MD
Entity Tax Identification Number	27-0467113
Entity Address, Address Line One	9 West 57th Street
Entity Address, Address Line Two	43rd Floor
Entity Address, City or Town	New York
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	10019
City Area Code	212
Local Phone Number	515–3200
Title of 12(b) Security	Common Stock, $0.01 par value
Trading Symbol	ARI
Security Exchange Name	NYSE
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Small Business Entity	false
Emerging Growth Company	false
ICFR Auditor Attestation Flag	true
Entity Shell Company	false
Entity Public Float			$ 2,206,019,969
Entity Common Stock, Shares Outstanding		140,541,409
Documents Incorporated by Reference	Documents Incorporated by Reference Portions of the registrant’s proxy statement for the 2022 annual meeting of stockholders are incorporated by reference into Part III of this annual report on Form 10-K.
Amendment flag	false
Document fiscal year focus	2021
Document fiscal period focus	FY
Entity central index key	0001467760

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Inside Apollo Commercial Real Estate Finance, Inc.'s 10-K Annual Report:

Financial - Expense Highlight
Management fees to related party Management fee expense decreased by $1.6 million during the year ended December 31, 2021 compared to the same period in 2020.
Financial - Shares Highlight
The decrease is primarily attributable to a decrease in our stockholders' equity (as defined in the Management Agreement) as a result of our common stock repurchase of 14,832,632 shares during the year ended December 31, 2020.
Financial - Income Highlight
This was partially offset by a decrease in interest income earned on our cash balance.
Financial - Shares Highlight
On July 15, 2021, we exchanged all 6,770,393 shares outstanding of our 8.00% Fixed-to-Floating Series B Cumulative Redeemable Perpetual Preferred Stock, par value $0.01 per share ("Series B Preferred Stock"), with a liquidation preference of $25.00 per share, for 6,770,393 shares of 7.25% Series B-1 Cumulative Redeemable Perpetual Preferred Stock, par value $0.01 per share ("Series B-1 Preferred Stock"), with a liquidation preference of $25.00 per share, pursuant to an exchange agreement with the two existing shareholders.
Financial - Income
Other income Other income increased...Read more
Financial - Income
If our cash available for...Read more
Other - Other
Borrowings Under Various Financing Arrangements...Read more
Financial - Expense
Operating Expenses General and administrative...Read more
Financial - Income
Net Interest Income Net interest...Read more
Other - Other
(2)Maturity dates represent weighted average...Read more
Financial - Expense
The increase was primarily driven...Read more
Financial - Earnings
Distributable Earnings are reduced for...Read more
Financial - Dividend
The Series B Preferred Stock...Read more
Revenue - Geography
As such, the fair value...Read more
Financial - Earnings
Consistent with the treatment of...Read more
Financial - Expense
When utilizing the practical expedient...Read more
Revenue - Geography
When foreign currency gain and...Read more
Revenue - Product
Realized losses and impairment on...Read more
Financial - Income
Investment Guidelines Our current investment...Read more
Financial - Shares
The weighted-average diluted shares outstanding...Read more
Financial - Income
Interest income remained nearly flat...Read more
M & A - Other
Real estate assets acquired may...Read more
Revenue - Product
To maintain our qualification as...Read more
Other - Other
During the quarter ended June...Read more
Financial - Earnings
Non-GAAP Financial Measures Distributable Earnings...Read more
Revenue - Geography
Weighted-Average All-in Yield excludes the...Read more
Financial - Earnings
Distributable Earnings is a key...Read more
Other - Other
During the fourth quarter of...Read more
Financial - Debt
In connection with our commercial...Read more
Revenue - Geography
Foreign currency gain (loss) and...Read more

Financial Statements, Disclosures and Schedules

Inside this 10-K Annual Report

Material Contracts, Statements, Certifications & more

Apollo Commercial Real Estate Finance, Inc. provided additional information to their SEC Filing as exhibits

Exhibit 21.1: Subsidaries Of The Registrant

Exhibit 23.1: Consents Of Experts And Counsel

Exhibit 31.1: Rule 13A-14(A)/15D-14(A) Certification

Exhibit 32.1: Section 1350 Certification

Ticker: ARI
CIK: 1467760
Form Type: 10-K Annual Report
Accession Number: 0001467760-22-000007
Submitted to the SEC: Tue Feb 08 2022 4:17:44 PM EST
Accepted by the SEC: Tue Feb 08 2022
Period: Friday, December 31, 2021
Industry: Real Estate Investment Trusts

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Apollo Commercial Real Estate Finance, Inc. (ARI) SEC Filing 10-K Annual Report for the fiscal year ending Friday, December 31, 2021

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