Condensed Consolidated Balance Sheet - USD ($) $ in Thousands		Dec. 31, 2019		Dec. 31, 2018
Assets
Cash and cash equivalents		$ 72,302	[1]	$ 44,656
Restricted cash		175	[1]	425
Securities, at fair value(1)	[1]	2,449,941
Loans, at fair value	[1]	1,412,426
Investment in unconsolidated entities, at fair value	[1]	71,850
Real estate owned	[1]	30,584
Investments, financial derivatives, and repurchase agreements:
Investments, at fair value (Cost – $2,970,306)				2,939,311
Reverse repurchase agreements		73,639		61,274
Total investments, financial derivatives, and repurchase agreements				3,020,586
Financial derivatives—assets, at fair value		16,788		20,001
Due from brokers		79,829	[1]	71,794
Receivable for securities sold and financial derivatives				780,826
Investment related receivables	[1]	123,120
Interest and principal receivable				37,676
Other assets		7,563	[1]	15,536
Total Assets		4,338,217		3,971,499
Investments and financial derivatives:
Repurchase agreements		2,445,300	[1]	1,498,849
Securities sold short, at fair value		73,409		850,577
Financial derivatives—liabilities, at fair value		27,621		20,806
Total investments and financial derivatives				871,383
Due to brokers		2,197		5,553
Investment related payables		66,133	[1]	488,411
Other secured borrowings		150,334	[1]	114,100
Other secured borrowings, at fair value		594,396	[1]	297,948
Senior notes, net		85,298		85,035
Accounts payable and accrued expenses				5,723
Base management fee payable to affiliate		2,663		1,744
Incentive fee payable to affiliate		116
Dividends payable		6,978
Interest payable	[1]	7,320
Interest and dividends payable				7,159
Accrued expenses and other liabilities	[1]	7,753
Other liabilities				424
Total Liabilities		3,469,518		3,376,329
Commitments and contingencies
ANALYSIS OF EQUITY:
Preferred stock, par value $0.001 per share, 100,000,000 shares authorized;6.750% Series A Fixed-to-Floating Rate Cumulative Redeemable; 4,600,000 shares issued and outstanding ($115,000 liquidation preference)		111,034
Common stock, par value $0.001 per share, 100,000,000 shares authorized; 38,647,943 shares issued and outstanding		39		563,833
Additional paid-in-capital		821,747		0
Retained earnings (accumulated deficit)		(103,555)
Total Stockholders' Equity		829,265		563,833
Non-controlling interests		39,434	[1]	31,337
Total Equity		868,699		595,170
Total Liabilities and Equity		$ 4,338,217		$ 3,971,499
PER SHARE INFORMATION:
Common shares				$ 18.92

[1] Ellington Financial Inc.'s Consolidated Balance Sheet includes assets and liabilities of variable interest entities it has consolidated. See Note 9 for additional details on Ellington Financial Inc.'s consolidated variable interest entities.