Company: ARI
Filing Date: 2025-02-10
Form Type: 10-K
Source: 0000950170-25-017122
Chunk: 107

Company: Apollo Commercial Real Estate Finance, Inc.
Filing Date: 2025-02-10
Form: 10-K
Item: Item 8
Chunk 107
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    )

    Depreciation and amortization on real estate owned

    11,668

    8,248

    704

    Gain on extinguishment of debt

    —

    (495
    )
     
    —

    Net realized loss (gain) on investment

    128,191

    86,604

    (18,683
    )

    Changes in operating assets and liabilities:

    Proceeds received from payment-in-kind interest

    —

    15,407

    83,731

    Other assets

    14,954

    (13,367
    )

    (22,910
    )

    Payment for interest rate cap

    (429
    )

    (2,317
    )
     
    —

    Accounts payable, accrued expenses and other liabilities

    (75,483
    )

    (769
    )

    12,500

    Payable to related party

    (825
    )

    (175
    )

    (45
    )

    Net cash provided by operating activities
     
    $
    200,257

    $
    273,862

    $
    267,705

    Cash flows from investing activities:

    New funding of commercial mortgage loans

    (1,244,414
    )

    (456,167
    )

    (3,027,742
    )

    Add-on funding of commercial mortgage loans

    (573,076
    )

    (376,060
    )

    (483,795
    )

    Add-on funding of subordinate loans

    (54,302
    )

    (96,879
    )

    (113,124
    )

    Proceeds received from the repayment and sale of commercial mortgage loans

    2,426,276

    1,093,181

    1,874,933

    Proceeds received from the repayment of subordinate loans and other lending assets

    23,122

    75,271

    279,336

    Proceeds received from the sale of other assets(1)

    91,892

    —

    —

    Distributions from equity method investment(1)

    9,023

    —

    —

    Origination fees, other fees, and cost recovery proceeds received on commercial mortgage loans, and subordinate loans, net

    39,554

    13,936