Condensed Consolidated Balance Sheet - USD ($) $ in Thousands		Jun. 30, 2022	Dec. 31, 2021
Assets
Cash and cash equivalents	[1]	$ 224,451	$ 92,661
Restricted cash	[1]	0	175
Securities, at fair value(1)(2)	[1],[2]	1,757,513	2,087,360
Loans, at fair value	[1],[2]	3,490,820	2,415,321
Investment in unconsolidated entities, at fair value	[1]	192,269	195,643
Real estate owned	[1],[2]	20,866	24,681
Financial derivatives—assets, at fair value		81,183	18,894
Reverse repurchase agreements		179,394	123,250
Due from brokers		93,939	93,549
Investment related receivables	[1]	132,161	122,175
Other assets	[1]	6,281	3,710
Total Assets		6,178,877	5,177,419
Liabilities
Securities sold short, at fair value		176,155	120,525
Repurchase agreements	[1]	2,865,222	2,469,763
Financial derivatives—liabilities, at fair value		20,442	12,298
Due to brokers		31,124	2,233
Investment related payables		34,381	39,048
Other secured borrowings	[1]	45,455	96,622
Other secured borrowings, at fair value	[1]	1,448,182	984,168
Senior notes, net		85,956	85,802
Senior notes, at fair value		202,650	0
Base management fee payable to affiliate		3,990	3,115
Incentive Fee Payable		0	3,246
Dividends payable		11,657	10,375
Interest payable	[1]	10,263	4,570
Accrued expenses and other liabilities	[1]	8,945	22,098
Total Liabilities		4,944,422	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		1,205,916	1,161,603
Retained earnings (accumulated deficit)		(225,259)	(97,279)
Total Stockholders' Equity		1,208,149	1,291,321
Non-controlling interests	[1]	26,306	32,235
Total Equity		1,234,455	1,323,556
Total Liabilities and Equity		$ 6,178,877	$ 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.