Condensed Consolidated Balance Sheet - USD ($) $ in Thousands		Mar. 31, 2020	Dec. 31, 2019
Assets
Cash and cash equivalents	[1]	$ 136,740	$ 72,302
Restricted cash	[1]	175	175
Securities, at fair value(1)	[1]	1,481,395	2,449,941
Loans, at fair value	[1]	1,443,589	1,412,426
Investment in unconsolidated entities, at fair value	[1]	65,397	71,850
Real estate owned	[1]	25,054	30,584
Financial derivatives—assets, at fair value		31,752	16,788
Reverse repurchase agreements		13,239	73,639
Due from brokers	[1]	166,516	79,829
Investment related receivables	[1]	408,332	123,120
Other assets	[1]	5,453	7,563
Total Assets		3,777,642	4,338,217
Liabilities
Securities sold short, at fair value		13,291	73,409
Repurchase agreements	[1]	2,034,225	2,445,300
Financial derivatives—liabilities, at fair value		47,772	27,621
Due to brokers		17,138	2,197
Investment related payables	[1]	19,170	66,133
Other secured borrowings	[1]	177,855	150,334
Other secured borrowings, at fair value	[1]	549,668	594,396
Senior notes, net		85,363	85,298
Base management fee payable to affiliate		2,443	2,663
Incentive fee payable to affiliate		0	116
Dividends payable		7,952	6,978
Interest payable	[1]	5,283	7,320
Accrued expenses and other liabilities	[1]	8,001	7,753
Total Liabilities		2,968,161	3,469,518
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	111,034
Common stock, par value $0.001 per share, 100,000,000 shares authorized; 43,779,924 and 38,647,943 shares issued and outstanding, respectively		44	39
Additional paid-in-capital		916,006	821,747
Retained earnings (accumulated deficit)		(252,701)	(103,555)
Total Stockholders' Equity		774,383	829,265
Non-controlling interests	[1]	35,098	39,434
Total Equity		809,481	868,699
Total Liabilities and Equity		$ 3,777,642	$ 4,338,217

[1] Ellington Financial Inc.'s Condensed 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.