Ares Commercial Real Estate Corporation
ACRE
NYSE
5.1
USD-0.06(-1.07%)
As of today
Ares Commercial Real Estate Corporation fundamentals
ACRE Balance Sheet
| Period Ending | Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | 1,240,000 | 23,390,000 | 20,100,000 | 16,551,000 | 8,995,000 | 47,270,000 | 28,343,000 | 11,089,000 | 5,256,000 | 74,776,000 | 50,615,000 | 141,278,000 | 110,459,000 | 63,799,000 | |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 27,936,000 | 28,060,000 | 0 | |
| Total Cash & Short-Term Investments | 1,240,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5,256,000 | 74,776,000 | 50,615,000 | 169,214,000 | 138,519,000 | 63,799,000 | |
| Net Receivables | 3,000 | 1,746,000 | 2,552,000 | 21,790,000 | 38,302,000 | 203,000 | 945,000 | 52,425,000 | 1,682,498,000 | 1,791,615,000 | 131,181,000 | 132,475,000 | 35,692,000 | 1,520,464,000 | |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Other Current Assets | 4,945,000 | -1,746,000 | -2,552,000 | -21,790,000 | -38,302,000 | -203,000 | -945,000 | -52,425,000 | 42,792,000 | 17,610,000 | -181,796,000 | -301,689,000 | -174,211,000 | 10,595,000 | |
| Total Current Assets | 6,188,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,730,546,000 | 1,884,001,000 | 0 | 0 | 0 | 1,594,858,000 | |
| Property, Plant & Equipment (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 37,901,000 | 37,283,000 | 0 | 0 | 0 | 115,320,000 | |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Intangible Assets | 0 | 0 | 59,640,000 | 58,889,000 | 61,800,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 23,712,000 | |
| Goodwill & Intangible Assets | 0 | 0 | 59,640,000 | 58,889,000 | 61,800,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 23,712,000 | |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 27,936,000 | 28,060,000 | 8,684,000 | |
| Tax Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Other Non-Current Assets | 1,399,000 | 0 | -59,640,000 | -58,889,000 | -61,800,000 | 0 | 0 | 0 | 15,687,000 | 8,213,000 | 0 | -27,936,000 | -28,060,000 | 8,632,000 | |
| Total Non-Current Assets | 1,399,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 53,588,000 | 45,496,000 | 0 | 0 | 0 | 156,348,000 | |
| Other Assets | 0 | 387,859,000 | 1,176,915,000 | 1,862,155,000 | 1,378,982,000 | 1,373,703,000 | 1,770,219,000 | 1,603,324,000 | 0 | 0 | 2,631,838,000 | 2,523,002,000 | 2,279,777,000 | 0 | |
| Total Assets | 7,587,000 | 387,859,000 | 1,176,915,000 | 1,867,653,000 | 1,378,982,000 | 1,373,703,000 | 1,770,219,000 | 1,603,324,000 | 1,784,134,000 | 1,929,497,000 | 2,631,838,000 | 2,523,002,000 | 2,279,777,000 | 1,751,206,000 | |
| Accounts Payable | 323,000 | 1,788,000 | 384,000 | 498,000 | 299,000 | 0 | 414,000 | 541,000 | 0 | 0 | 570,000 | 1,913,000 | 2,263,000 | 0 | |
| Short-Term Debt | 0 | 112,096,000 | 264,419,000 | 524,363,000 | 280,500,000 | 0 | 744,509,000 | 36,280,000 | 711,135,000 | 277,506,000 | 819,399,000 | 705,231,000 | 0 | 359,741,000 | |
| Tax Payables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Deferred Revenue | 0 | -5,430,000 | -10,008,000 | -10,116,000 | -61,406,000 | 0 | -10,764,000 | -48,898,000 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Other Current Liabilities | 627,000 | -46,595,000 | -264,803,000 | -524,861,000 | -280,799,000 | 0 | -744,923,000 | -36,821,000 | 13,025,000 | 14,665,000 | -819,969,000 | -707,144,000 | 22,355,000 | 19,023,000 | |
| Total Current Liabilities | 950,000 | 113,884,000 | 264,803,000 | 524,861,000 | 305,605,000 | 578,544,000 | 744,923,000 | 541,000 | 724,160,000 | 292,171,000 | 0 | 0 | 24,618,000 | 378,764,000 | |
| Long-Term Debt | 0 | 99,449,000 | 560,327,000 | 590,643,000 | 324,105,000 | 930,591,000 | 1,336,766,000 | 415,362,000 | 624,488,000 | 1,153,544,000 | 1,083,151,000 | 1,031,335,000 | 1,616,989,000 | 812,628,000 | |
| Non-Current Deferred Revenue | 0 | 0 | 0 | 0 | -12,350,000 | 944,030,000 | 1,351,049,000 | 1,177,737,000 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Non-Current Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 12,350,000 | -944,030,000 | -1,351,049,000 | -1,177,737,000 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Other Non-Current Liabilities | 200,000 | -99,449,000 | -560,327,000 | -590,643,000 | -324,105,000 | -930,591,000 | -1,336,766,000 | -415,362,000 | 9,147,000 | 10,767,000 | -1,083,151,000 | -1,031,335,000 | 12,321,000 | 19,682,000 | |
| Total Non-Current Liabilities | 200,000 | 222,421,000 | 770,699,000 | 1,386,767,000 | 922,494,000 | 944,030,000 | 1,351,049,000 | 1,177,737,000 | 633,635,000 | 1,164,311,000 | 0 | 0 | 1,629,310,000 | 832,310,000 | |
| Other Liabilities | 0 | -113,884,000 | -264,803,000 | -524,861,000 | -305,605,000 | -578,544,000 | -744,923,000 | -541,000 | 0 | 0 | 1,953,210,000 | 1,775,462,000 | 0 | 0 | |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Total Liabilities | 1,150,000 | 222,421,000 | 770,699,000 | 1,386,767,000 | 922,494,000 | 944,030,000 | 1,351,049,000 | 1,177,737,000 | 1,357,795,000 | 1,456,482,000 | 1,953,210,000 | 1,775,462,000 | 1,653,928,000 | 1,211,074,000 | |
| Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,565,000 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Common Stock | 0 | 92,000 | 284,000 | 284,000 | 284,000 | 283,000 | 283,000 | 283,000 | 283,000 | 329,000 | 465,000 | 537,000 | 532,000 | 532,000 | |
| Retained Earnings | -163,000 | -3,854,000 | -13,473,000 | -17,674,000 | -11,992,000 | -1,310,000 | -1,750,000 | 3,565,000 | 2,437,000 | -25,117,000 | -28,631,000 | -73,326,000 | -187,020,000 | -277,360,000 | |
| Accumulated Other Comprehensive Income/Loss | 0 | 0 | 0 | 0 | 0 | 0 | 419,170,000 | 0 | -0 | -0 | 2,844,000 | 7,541,000 | 153,000 | 36,999 | |
| Other Total Stockholders' Equity | 6,600,000 | 169,200,000 | 419,405,000 | 420,344,000 | 421,179,000 | 420,056,000 | 420,637,000 | 421,739,000 | 423,619,000 | 497,803,000 | 703,950,000 | 812,788,000 | 812,184,000 | 816,923,000 | |
| Total Stockholders' Equity | 6,437,000 | 165,438,000 | 406,216,000 | 402,954,000 | 409,471,000 | 419,029,000 | 419,170,000 | 425,587,000 | 426,339,000 | 473,015,000 | 678,628,000 | 747,540,000 | 625,849,000 | 540,132,000 | |
| Total Equity | 6,437,000 | 165,438,000 | 406,216,000 | 480,886,000 | 456,488,000 | 429,673,000 | 1,727,214,000 | 1,571,175,000 | 426,339,000 | 473,015,000 | 678,628,000 | 747,540,000 | 625,849,000 | 540,132,000 | |
| Total Liabilities & Stockholders' Equity | 7,587,000 | 387,859,000 | 1,176,915,000 | 1,867,653,000 | 1,378,982,000 | 1,373,703,000 | 1,770,219,000 | 1,603,324,000 | 1,784,134,000 | 1,929,497,000 | 2,631,838,000 | 2,523,002,000 | 2,279,777,000 | 1,751,206,000 | |
| Minority Interest | 0 | 0 | 0 | 77,932,000 | 47,017,000 | 10,644,000 | 1,308,044,000 | 1,145,588,000 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Total Liabilities & Total Equity | 7,587,000 | 387,859,000 | 1,176,915,000 | 1,867,653,000 | 1,378,982,000 | 1,373,703,000 | 1,770,219,000 | 1,603,324,000 | 1,784,134,000 | 1,929,497,000 | 2,631,838,000 | 2,523,002,000 | 2,279,777,000 | 1,751,206,000 | |
| Total Investments | 0 | 0 | 4,027,000 | 3,198,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 55,872,000 | 56,120,000 | 8,684,000 | |
| Total Debt | 0 | 211,545,000 | 727,261,000 | 1,120,504,000 | 629,411,000 | 149,878,000 | 378,806,000 | 379,082,000 | 1,335,623,000 | 1,431,050,000 | 1,902,550,000 | 1,736,566,000 | 1,616,989,000 | 1,172,369,000 | |
| Net Debt | -1,240,000 | 188,155,000 | 707,161,000 | 1,103,953,000 | 620,416,000 | 102,608,000 | 350,463,000 | 367,993,000 | 1,330,367,000 | 1,356,274,000 | 1,851,935,000 | 1,595,288,000 | 1,506,530,000 | 1,108,570,000 |