CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands		Sep. 30, 2020	Dec. 31, 2019
ASSETS
Loans held-for-investment		$ 4,052,201	$ 4,226,212
Allowance for credit losses		(73,339)	(16,692)
Loans held-for-investment, net		3,978,862	4,226,212
Available-for-sale securities, at fair value		0	12,830
Held-to-maturity securities		0	18,076
Cash and cash equivalents		353,679	80,281
Restricted cash		5,326	79,483
Accrued interest receivable		11,933	11,323
Other assets		53,052	32,657
Total Assets	[1]	4,402,852	4,460,862
Liabilities
Repurchase agreements		1,850,845	1,924,021
Securitized debt obligations		928,623	1,041,044
Asset-specific financings		123,091	116,465
Revolving credit facilities		0	42,008
Convertible senior notes		270,847	269,634
Senior secured term loan facilities		205,647	0
Dividends payable		11,065	23,063
Other liabilities		77,272	24,491
Total Liabilities	[1]	3,467,390	3,440,726
10% cumulative redeemable preferred stock, par value $0.01 per share; 50,000,000 shares authorized and 1,000 and 1,000 shares issued and outstanding, respectively		1,000	1,000
Stockholders' Equity
Common stock, par value $0.01 per share; 450,000,000 shares authorized and 55,205,082 and 54,853,205 shares issued and outstanding, respectively		552	549
Additional paid-in capital		1,057,016	1,048,484
Accumulated other comprehensive income		0	32
Cumulative earnings		80,014	162,076
Cumulative distributions to stockholders		(203,120)	(192,005)
Total Stockholders’ Equity		934,462	1,019,136
Total Liabilities and Stockholders’ Equity		$ 4,402,852	$ 4,460,862

[1] The condensed consolidated balance sheets include assets of consolidated variable interest entities, or VIEs, that can only be used to settle obligations of these VIEs, and liabilities of the consolidated VIEs for which creditors do not have recourse to Granite Point Mortgage Trust Inc. At September 30, 2020 and December 31, 2019, assets of the VIEs totaled $1,252,969 and $1,387,148, respectively, and liabilities of the VIEs totaled $930,066 and $1,042,122, respectively. See Note 3 - Variable Interest Entities for additional information.