CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
CONSOLIDATED STATEMENTS OF INCOME
Interest income	$ 69,551	$ 48,753
Interest expense	(46,930)	(35,775)
Net interest income before provision for loan losses	22,621	12,978
Provision for loan losses	(39,804)	(518)
Net interest income after provision for loan losses	(17,183)	12,460
Non-interest income
Residential mortgage banking activities	36,669	14,587
Net realized gain (loss) on financial instruments and real estate owned	7,172	7,282
Net unrealized gain (loss) on financial instruments	(33,434)	(6,912)
Servicing income, net of amortization and impairment of $1,725 and $1,763	8,097	6,752
Income on purchased future receivables, net of allowance for doubtful accounts of $6,917	3,483
Income (loss) on unconsolidated joint ventures	(3,537)	2,929
Other income	4,073	900
Gain on bargain purchase		30,728
Total non-interest income	22,523	56,266
Non-interest expense
Employee compensation and benefits	(18,936)	(11,448)
Allocated employee compensation and benefits from related party	(1,250)	(853)
Variable expenses on residential mortgage banking activities	(20,129)	(9,176)
Professional fees	(2,556)	(1,829)
Management fees – related party	(2,561)	(1,997)
Loan servicing expense	(5,570)	(3,648)
Merger related expenses	(47)	(5,467)
Other operating expenses	(13,744)	(6,861)
Total non-interest expense	(64,793)	(41,279)
Income (loss) before provision for income taxes	(59,453)	27,447
Income tax benefit	7,937	3,003
Net income (loss)	(51,516)	30,450
Less: Net income (loss) attributable to non-controlling interest	(1,064)	983
Net income (loss) attributable to Ready Capital Corporation	$ (50,452)	$ 29,467
Earnings (loss) per basic common share
Earnings (loss) per common share - basic	$ (0.98)	$ 0.90
Earnings (loss) per diluted common share
Earnings (loss) per common share - basic	(0.98)	0.90
Earnings (loss) per common share - diluted	$ (0.98)	$ 0.90
Weighted-average shares outstanding
Basic	51,984,040	32,556,875
Diluted	51,990,013	32,563,644
Dividends declared per share of common stock	$ 0.40	$ 0.40