Ares Commercial Real Estate Corp Earnings Per Share Disclosure
| For the Years Ended December 31, | ||||||||||||||||||||
| 2025 | 2024 | 2023 | ||||||||||||||||||
| Net income (loss) attributable to common stockholders | $ | (902) | $ | (34,993) | $ | (38,867) | ||||||||||||||
| Divided by: | ||||||||||||||||||||
| Basic weighted average shares of common stock outstanding: | 54,886,025 | 54,446,368 | 54,281,998 | |||||||||||||||||
| Weighted average non-vested restricted stock and RSUs (1) | — | — | — | |||||||||||||||||
| Diluted weighted average shares of common stock outstanding: | 54,886,025 | 54,446,368 | 54,281,998 | |||||||||||||||||
| Basic earnings (loss) per common share | $ | (0.02) | $ | (0.64) | $ | (0.72) | ||||||||||||||
| Diluted earnings (loss) per common share | $ | (0.02) | $ | (0.64) | $ | (0.72) | ||||||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Feb 10, 2026 | Showing above |
| 2019 | Feb 20, 2020 | |
| 2015 | Mar 1, 2016 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.