Consolidated Balance Sheet - USD ($) $ in Thousands		Dec. 31, 2023	Dec. 31, 2022
Assets
Cash and cash equivalents	[1]	$ 228,927	$ 217,053
Restricted cash	[1]	1,618	4,816
Securities, at fair value(1)(2)	[1],[2]	1,518,377	1,459,465
Loans, at fair value(1)(2)	[1],[2]	12,306,636	11,626,008
Loan commitments, at fair value		2,584	3,060
Forward MSR-related investments, at fair value		163,336	0
Mortgage servicing rights, at fair value		29,580	8,108
Investments in unconsolidated entities, at fair value(1)	[1]	116,414	127,046
Real estate owned(1)(2)	[1],[2]	22,085	28,403
Financial derivatives—assets, at fair value		143,996	132,518
Reverse repurchase agreements		173,145	226,444
Due from brokers		51,884	36,761
Investment related receivables(1)	[1]	480,249	139,413
Other assets(1)	[1]	77,099	76,791
Total Assets		15,315,930	14,085,886
Liabilities
Securities sold short, at fair value		154,303	209,203
Repurchase agreements(1)	[1]	2,967,437	2,609,685
Financial derivatives—liabilities, at fair value		61,776	54,198
Due to brokers		62,442	34,507
Investment related payables		37,403	49,323
Other secured borrowings(1)	[1]	245,827	276,058
Other secured borrowings, at fair value(1)	[1]	1,424,668	1,539,881
HMBS-related obligations, at fair value		8,423,235	7,787,155
Unsecured borrowings, at fair value		272,765	191,835
Base management fee payable to affiliate		5,660	4,641
Incentive fee payable to affiliate		0	0
Dividends payable		11,528	12,243
Interest payable(1)	[1]	22,933	22,452
Accrued expenses and other liabilities(1)	[1]	90,341	73,819
Total Liabilities		13,780,318	12,865,000
Commitments and contingencies
ANALYSIS OF EQUITY:
Preferred stock, par value $0.001 per share, 100,000,000 shares authorized; 14,757,222 and 9,420,421 shares issued and outstanding, and $368,931 and $235,511 aggregate liquidation preference, respectively		355,551	227,432
Common stock, par value $0.001 per share, 200,000,000 and 100,000,000 shares authorized, respectively; 83,000,488 and 63,812,215 shares issued and outstanding, respectively		83	64
Additional paid-in-capital		1,514,797	1,259,352
Retained earnings (accumulated deficit)		(353,360)	(290,881)
Total Stockholders' Equity		1,517,071	1,195,967
Non-controlling interests(1)	[1]	18,541	24,919
Total Equity		1,535,612	1,220,886
Total Liabilities and Equity		$ 15,315,930	$ 14,085,886

[1] Ellington Financial Inc.'s Consolidated Balance Sheets include assets and liabilities of variable interest entities it has consolidated. See Note 12 for additional details on Ellington Financial Inc.'s consolidated variable interest entities.

[2] Includes assets pledged as collateral to counterparties. See Note 14 for additional details on the Company's borrowings and related collateral.