Business Context and Reporting Period
Company: Ares Commercial Real Estate Corp
Filing Type: Form 8-K (Current Report)
Date of Report: August 4, 2016
Reporting Period: Third Quarter 2016 (ended June 30, 2016)
This filing serves as a current report to announce the declaration of the third quarter 2016 dividend and the release of financial results for the quarter ended June 30, 2016. The detailed financial data is contained within the press release attached as Exhibit 99.1.
Key Financial Metrics
The provided text does not contain specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. These metrics are referenced as being included in the press release (Exhibit 99.1) but are not present in the body of this Form 8-K.
Material Changes
The filing does not provide specific comparative data or material changes versus the prior period. It solely references the announcement of results for the quarter ended June 30, 2016.
Guidance, Outlook, and Management Commentary
Dividend Declaration: The registrant declared its third quarter 2016 dividend on August 4, 2016.
Management Commentary: No specific commentary, outlook, risks, or contingencies are detailed in this filing text. The filing explicitly states that the information is furnished and not deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, except as expressly set forth by specific reference.
Investor Verification Checklist
- Review Exhibit 99.1 (Press Release dated August 4, 2016) for specific revenue, net income, and FFO figures.
- Verify the exact dividend amount per share and the payment date in the press release.
- Check the full press release for any updated guidance or discussion of market conditions affecting the portfolio.
- Confirm the status of the company's debt and liquidity position as detailed in the attached exhibit.