CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Assets:
Cash and cash equivalents	$ 63,931	$ 59,566
Restricted cash	17,563	20,190
Short term investments		319,984
Loans, held-for-investment (net of allowances for loan losses of $11,023 at June 30, 2017 and $12,721 at December 31, 2016)	1,005,242	929,529
Loans, held at fair value	170,128	81,592
Loans, held for sale at fair value	206,706	181,797
Mortgage backed securities, at fair value	43,877	32,391
Loans eligible for repurchase from Ginnie Mae	105,244	137,986
Derivative instruments, at fair value	4,187	5,785
Servicing rights	19,954	22,478
Residential mortgage servicing rights, at fair value	66,797	61,376
Receivable from third parties	106,562	7,220
Other assets	39,452	54,277
Assets of consolidated VIEs	597,277	691,096
Total assets	2,446,920	2,605,267
Liabilities:
Borrowings under credit facilities	316,962	326,610
Promissory note payable	6,773	7,378
Securitized debt obligations of consolidated VIEs	397,911	492,942
Borrowings under repurchase agreements	520,169	600,852
Senior secured note	138,311
Guaranteed loan financing	332,812	390,555
Contingent consideration	8,939	14,487
Liabilities for loans eligible for repurchase from Ginnie Mae	105,244	137,986
Derivative instruments, at fair value	931	643
Dividends payable	12,289	11,505
Accounts payable and other accrued liabilities	53,768	70,207
Total liabilities	1,894,109	2,053,165
Stockholders’ Equity
Common stock, $0.0001 par value, 500,000,000 shares authorized, 31,996,440 and 30,549,084 shares issued and outstanding, respectively	4	3
Additional paid-in capital	537,443	513,295
Deficit	(4,030)	(201)
Total Sutherland Asset Management Corporation equity	533,417	513,097
Non-controlling interests	19,394	39,005
Total Stockholders’ Equity	552,811	552,102
Total Liabilities and Stockholders’ Equity	$ 2,446,920	$ 2,605,267