Condensed Consolidated Balance Sheet - USD ($) $ in Thousands		Mar. 31, 2021	Dec. 31, 2020
Assets
Cash and cash equivalents	[1]	$ 149,350	$ 111,647
Restricted cash	[1]	175	175
Securities, at fair value(1)(2)	[1],[2]	1,909,127	1,514,185
Loans, at fair value	[1],[2]	1,582,516	1,453,480
Investment in unconsolidated entities, at fair value	[1]	147,684	141,620
Real estate owned	[1],[2]	35,557	23,598
Financial derivatives—assets, at fair value		23,082	15,479
Reverse repurchase agreements		96,783	38,640
Due from brokers	[1]	91,814	63,147
Investment related receivables	[1]	67,338	49,317
Other assets	[1]	3,499	2,575
Total Assets		4,106,925	3,413,863
Liabilities
Securities sold short, at fair value		96,398	38,642
Repurchase agreements	[1]	1,909,511	1,496,931
Financial derivatives—liabilities, at fair value		19,438	24,553
Due to brokers		5,337	5,059
Investment related payables	[1]	40,836	4,754
Other secured borrowings	[1]	64,506	51,062
Other secured borrowings, at fair value	[1]	911,256	754,921
Senior notes, net		85,627	85,561
Base management fee payable to affiliate		3,277	3,178
Dividends payable		5,740	5,738
Interest payable	[1]	1,915	3,233
Accrued expenses and other liabilities	[1]	19,708	18,659
Total Liabilities		3,163,549	2,492,291
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; 43,781,684 and 43,781,684 shares issued and outstanding, respectively		44	44
Additional paid-in-capital		915,577	915,658
Retained earnings (accumulated deficit)		(116,799)	(141,521)
Total Stockholders' Equity		909,856	885,215
Non-controlling interests	[1]	33,520	36,357
Total Equity		943,376	921,572
Total Liabilities and Equity		$ 4,106,925	$ 3,413,863

[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.

[2] Includes assets pledged as collateral to counterparties. See Note 11 for additional details on the Company's borrowings and related collateral.