The commenters essentially answered this question, but I will memorialize it here.
The argmin (or argmax) notation can be a bit confusing, because it often introduces a dummy variable (much like the dx or dt in an integral). As Matthew Drury's comment indicates, the $\mathbf{Q}$ is the dummy variable here (so it won't be introduced elsewhere in the paper, as it only serves a place holder function).
Next, the argmin operator asks you to figure out which value of $\mathbf{Q}$ gives the smallest value. However, instead of returning the smallest value for the expression in the argmin, you instead want the value generating this smallest number. With this in mind, your $\mathbf{Q}$ is essentially your $\mathbf{R}^{(t)}$...so, $\mathbf{Q}$ is defined however $\mathbf{R}^{(t)}$ is defined.
Lastly the $F$ subscript on the norm function $||·||$ most likely indicates the Frobenius norm (https://en.wikipedia.org/wiki/Matrix_norm#Frobenius_norm; as suggested by @Flounderer). This is just the square-root of the sum of the squares of all of the entries in the matrix inside the norm function.