Ares Commercial Real Estate Corp (ACRE)
2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | |
|---|---|---|---|---|
| Offered certificates and offered notes | - | 10,215 | - | - |
| Secured term loan | - | 1,757 | - | - |
| Asset backed securities securitized loans and receivables | - | 6,217 | - | - |
| Total revenue | 12,565 | 14,948 | 16,653 | 16,797 |
| Professional fees | 673 | 877 | 681 | 757 |
| General and administrative expenses | 1,995 | 1,720 | 1,939 | 1,957 |
| Management and incentive fees to affiliate | 2,430 | 2,567 | 2,654 | 2,692 |
| Expenses from real estate owned | 4,628 | 4,495 | 3,164 | 2,226 |
| General and administrative expenses reimbursed to affiliate | 1,024 | 1,003 | 871 | 1,277 |
| Total expenses | 10,750 | 10,662 | 9,309 | 8,909 |
| Change in unrealized losses on loans held for sale | - | - | - | - |
| (provision for) reversal of current expected credit losses, net | 20,150 | 5,340 | 7,461 | -2,374 |
| Realized losses on loans | -33,000 | - | -5,766 | -16,387 |
| Income (loss) before income taxes | -11,035 | 9,626 | -5,883 | -6,125 |
| Income tax expense (benefit), including excise tax | - | 281 | -3 | - |
| Net income (loss) attributable to common stockholders | -11,035 | 9,345 | -5,880 | -6,125 |
| Basic weighted average shares of common stock outstanding (in shares) | 54,856,949 | 54,828,751 | 54,464,147 | 54,426,112 |
| Diluted weighted average shares of common stock outstanding (in shares) | 54,856,949 | 55,694,939 | 54,464,147 | 54,426,112 |