Condensed Consolidated Balance Sheet - USD ($) $ in Thousands		Mar. 31, 2022	Dec. 31, 2021
Assets
Cash and cash equivalents	[1]	$ 363,529	$ 92,661
Restricted cash	[1]	175	175
Securities, at fair value(1)(2)	[1],[2]	1,877,529	2,087,360
Loans, at fair value	[1],[2]	2,884,627	2,415,321
Investment in unconsolidated entities, at fair value	[1]	219,303	195,643
Real estate owned	[1],[2]	24,533	24,681
Financial derivatives—assets, at fair value		65,082	18,894
Reverse repurchase agreements		131,243	123,250
Due from brokers		122,825	93,549
Investment related receivables	[1]	134,460	122,175
Other assets	[1]	3,959	3,710
Total Assets		5,827,265	5,177,419
Liabilities
Securities sold short, at fair value		79,679	120,525
Repurchase agreements	[1]	2,717,638	2,469,763
Financial derivatives—liabilities, at fair value		16,528	12,298
Due to brokers		36,043	2,233
Investment related payables		59,375	39,048
Other secured borrowings	[1]	47,941	96,622
Other secured borrowings, at fair value	[1]	1,216,542	984,168
Senior notes, net		85,890	85,802
Senior notes, at fair value		210,000	0
Base management fee payable to affiliate		4,266	3,115
Incentive Fee Payable		0	3,246
Dividends payable		11,615	10,375
Interest payable	[1]	3,749	4,570
Accrued expenses and other liabilities	[1]	15,061	22,098
Total Liabilities		4,504,327	3,853,863
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)		227,432	226,939
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		60	58
Additional paid-in-capital		1,199,958	1,161,603
Retained earnings (accumulated deficit)		(133,370)	(97,279)
Total Stockholders' Equity		1,294,080	1,291,321
Non-controlling interests	[1]	28,858	32,235
Total Equity		1,322,938	1,323,556
Total Liabilities and Equity		$ 5,827,265	$ 5,177,419

[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.