XML 16 R5.htm IDEA: XBRL DOCUMENT v3.5.0.2
CONSOLIDATED STATEMENTS OF EQUITY (UNAUDITED) - 6 months ended Jun. 30, 2016 - USD ($)
Common Stock
Additional Paid-In Capital
Treasury Stock
Accumulated Deficit
Total ACRE Shareholders' Equity
Noncontrolling Interest
Total
BALANCE at Dec. 31, 2015 $ 201,593 $ 44,205,575 $ (71,332) $ (21,718,326) $ 22,617,510 $ 1,026,751 $ 23,644,261
BALANCE (in shares) at Dec. 31, 2015 20,159,285           20,159,285
Increase (Decrease) in Stockholders' Equity              
Net loss (2,004,724) (2,004,724) (83,269) $ (2,087,993)
Stock award issuance $ 2,600 (2,600)
Stock award issuance (in shares) 260,000            
Amortization of shared based compensation 110,824 110,824 110,824
Redemption of operating partnership units for common shares $ 1,176 168,491 169,667 (169,667) 169,667
Redemption of operating partnership units for common shares (in shares) 117,619            
Adjustment for noncontrolling interest in the operating partnership (35,690) (35,690) 35,690
BALANCE at Jun. 30, 2016 $ 205,369 $ 44,446,600 $ (71,332) $ (23,723,050) $ 20,857,587 $ 809,505 $ 21,667,092
BALANCE (in shares) at Jun. 30, 2016 20,536,904           20,536,904