Condensed Consolidated Balance Sheet - USD ($) $ in Thousands		Sep. 30, 2020	Dec. 31, 2019
Assets
Cash and cash equivalents	[1]	$ 126,783	$ 72,302
Restricted cash	[1]	175	175
Securities, at fair value(1)	[1]	1,451,420	2,449,941
Loans, at fair value	[1]	1,442,612	1,412,426
Investment in unconsolidated entities, at fair value	[1]	95,803	71,850
Real estate owned	[1]	24,794	30,584
Financial derivatives—assets, at fair value		27,864	16,788
Reverse repurchase agreements		47,041	73,639
Due from brokers	[1]	63,991	79,829
Investment related receivables	[1]	67,540	123,120
Other assets	[1]	2,850	7,563
Total Assets		3,350,873	4,338,217
Liabilities
Securities sold short, at fair value		51,493	73,409
Repurchase agreements	[1]	1,439,984	2,445,300
Financial derivatives—liabilities, at fair value		34,814	27,621
Due to brokers		7,147	2,197
Investment related payables	[1]	0	66,133
Other secured borrowings	[1]	142,674	150,334
Other secured borrowings, at fair value	[1]	695,516	594,396
Senior notes, net		85,495	85,298
Base management fee payable to affiliate		2,981	2,663
Incentive fee payable to affiliate		0	116
Dividends payable		5,299	6,978
Interest payable	[1]	2,074	7,320
Accrued expenses and other liabilities	[1]	11,119	7,753
Total Liabilities		2,478,596	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		916,038	821,747
Retained earnings (accumulated deficit)		(191,986)	(103,555)
Total Stockholders' Equity		835,130	829,265
Non-controlling interests	[1]	37,147	39,434
Total Equity		872,277	868,699
Total Liabilities and Equity		$ 3,350,873	$ 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.