Condensed Consolidated Balance Sheet - USD ($) $ in Thousands		Jun. 30, 2021	Dec. 31, 2020
Assets
Cash and cash equivalents	[1]	$ 134,695	$ 111,647
Restricted cash	[1]	175	175
Securities, at fair value(1)(2)	[1],[2]	1,860,990	1,514,185
Loans, at fair value	[1],[2]	1,742,701	1,453,480
Investment in unconsolidated entities, at fair value	[1]	178,979	141,620
Real estate owned	[1],[2]	35,295	23,598
Financial derivatives—assets, at fair value		13,028	15,479
Reverse repurchase agreements		160,412	38,640
Due from brokers	[1]	76,396	63,147
Investment related receivables	[1]	75,781	49,317
Other assets	[1]	4,229	2,575
Total Assets		4,282,681	3,413,863
Liabilities
Securities sold short, at fair value		145,374	38,642
Repurchase agreements	[1]	1,916,749	1,496,931
Financial derivatives—liabilities, at fair value		14,171	24,553
Due to brokers		2,130	5,059
Investment related payables	[1]	29,457	4,754
Other secured borrowings	[1]	86,374	51,062
Other secured borrowings, at fair value	[1]	1,003,037	754,921
Senior notes, net		85,693	85,561
Base management fee payable to affiliate		3,355	3,178
Incentive Fee Payable		7,157	0
Dividends payable		7,963	5,738
Interest payable	[1]	3,000	3,233
Accrued expenses and other liabilities	[1]	23,117	18,659
Total Liabilities		3,327,577	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		915,817	915,658
Retained earnings (accumulated deficit)		(103,409)	(141,521)
Total Stockholders' Equity		923,486	885,215
Non-controlling interests	[1]	31,618	36,357
Total Equity		955,104	921,572
Total Liabilities and Equity		$ 4,282,681	$ 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.