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Ares Commercial Real Estate (Ares Commercial Real Estate) Property, Plant and Equipment : $0.00 Mil (As of Mar. 2024)


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What is Ares Commercial Real Estate Property, Plant and Equipment?


Ares Commercial Real Estate Property, Plant and Equipment Historical Data

The historical data trend for Ares Commercial Real Estate's Property, Plant and Equipment can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Ares Commercial Real Estate Property, Plant and Equipment Chart

Ares Commercial Real Estate Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Property, Plant and Equipment
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Ares Commercial Real Estate Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Ares Commercial Real Estate Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the companyFixed assets are also known as non-current assets.

Property, plant, and equipment includes assets that will - in the normal course of business - neither be used up in the next year nor will become a part of any product sold to customers.

Some of the most common parts of property, plant, and equipment are:


Land
Buildings (and leasehold improvements)
Transportation equipment
Manufacturing equipment
Office equipment
Office furniture

Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:


Track
Ties
Ballast
Bridges
Tunnels
Signals
Locomotives
Freight Cars

There is often a note in the financial statements - found in a company's 10-K - that will explain the different categories of property a company owns.

The market value of property, plant, and equipment can differ tremendously from the book value of property, plant, and equipment.

For example, when Berkshire Hathaway liquidated its textile mills, it had to pay the buyers of the company's manufacturing equipment to haul the equipment away. That property, plant, and equipment was literally worth less than zero. On the other hand, some companies own thousands of acres of land.

All property, plant, and equipment other than land is depreciated. Land is never depreciated. However, land is not marked up to market value either. Under Generally Accepted Accounting Principles (GAAP), land is shown on the balance sheet at cost.

The property, plant, and equipment line shown on the balance sheet is usually net property, plant, and equipment. This means it is the cost of the property, plant, and equipment less accumulated depreciation.


Ares Commercial Real Estate  (NYSE:ACRE) Property, Plant and Equipment Explanation

A company with durable competitive advantage doesn't need to constantly upgrade its equipment to stay competitive. The company replaces when it wears out. On the other hand, a company without any advantages must replace to keep pace.

Difference between a company with a moat and one without is that the company with the competitive advantage finances new equipment through internal cash flows, whereas the no advantage company requires debt to finance.

Producing a consistent product that doesn't change equates to consistent profits. There is no need to upgrade plants which frees up cash for other ventures. Think Coca Cola, Johnson & Johnson etc.


Ares Commercial Real Estate Property, Plant and Equipment Related Terms

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Ares Commercial Real Estate (Ares Commercial Real Estate) Business Description

Traded in Other Exchanges
Address
245 Park Avenue, 42nd Floor, New York, NY, USA, 10167
Ares Commercial Real Estate Corp is a specialty finance company and a Real Estate Investment Trust providing commercial real estate loans and related investments. The company operates in one segment namely originating and managing a diversified portfolio of CRE debt-related investments. The group recognizes its revenues through the interest income it receives from loans.
Executives
Bryan Patrick Donohoe officer: Chief Executive Officer C/O ARES COMMERCIAL REAL ESTATE CORP., 245 PARK AVENUE, 42ND FLOOR, NEW YORK NY 10167
Anton Feingold officer: General Counsel VP & Secretary C/O CION ARES MANAGEMENT LLC, 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
William Stephen Benjamin director C/O ARES COMMERCIAL REAL ESTATE CORP., 245 PARK AVENUE, 42ND FLOOR, NEW YORK NY 10167
Rebecca Jaisali Parekh director C/O ARES COMMERCIAL REAL ESTATE, 245 PARK AVENUE, 42ND FLOOR, NEW YORK NY 10167
Michael J Arougheti director 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
James Alan Henderson officer: President and CIO C/O ARES COMMERCIAL REAL ESTATE CORP., 245 PARK AVENUE, 42ND FLOOR, NEW YORK NY 10167
David A Roth officer: President C/O THE BLACKSTONE GROUP, 345 PARK AVE., NEW YORK NY 10154
Rand Scott April director C/O ARES COMMERCIAL REAL ESTATE MGMT, 245 PARK AVENUE, 42ND FLOOR, NEW YORK NY 10167
Moriarty Edmond N. Iii director C/O ARES COMMERCIAL REAL ESTATE CORP., 245 PARK AVENUE, 42ND FLOOR, NEW YORK NY 10167
Kirk Sykes director C/O ARES COMMERCIAL REAL ESTATE CORP., 245 PARK AVENUE, 42ND FLOOR, NEW YORK NY 10167
Robert L Rosen director 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
James E Skinner director NEIMAN MARCUS GROUP, 1618 MAIN ST, DALLAS TX 75201
Caroline Blakely director ONE NORTH WACKER DRIVE 48TH FL, CHICAGO IL 60606
John Jardine director, officer: Co-Chief Executive Officer C/O ARES COMMERCIAL REAL ESTATE CORP., ONE NORTH WACKER DRIVE, 48TH FLOOR, CHICAGO IL 60606
Todd Schuster director C/O TPG RE FINANCE TRUST, INC., 888 SEVENTH AVENUE, 35TH FLOOR, NEW YORK NY 10106

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