CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
CONSOLIDATED STATEMENTS OF INCOME
Interest income	$ 63,211	$ 57,034	$ 132,762	$ 105,787
Interest expense	(43,408)	(35,753)	(90,338)	(71,529)
Net interest income before provision for loan losses	19,803	21,281	42,424	34,258
Provision for loan losses	591	(1,348)	(39,214)	(1,866)
Net interest income after provision for loan losses	20,394	19,933	3,210	32,392
Non-interest income
Residential mortgage banking activities	80,564	21,021	117,233	35,608
Net realized gains on financial instruments and real estate owned	7,438	6,255	14,610	13,537
Net unrealized gain (loss) on financial instruments	(13,744)	(7,006)	(47,178)	(13,918)
Servicing income, net of amortization and impairment of $1,277 and $3,001 for the three and six months ended June 30, 2020, and $853 and $2,616 for the three and six months ended June 30, 2019, respectively	8,982	7,811	17,079	14,563
Income on purchased future receivables, net of allowance for doubtful accounts of $1,771 and $8,688 for the three and six months ended June 30, 2020, and $0 and $0 for the three and six months ended June 30, 2019, respectively	5,586		9,069
Income (loss) on unconsolidated joint ventures	507	2,083	(3,030)	5,012
Other income	31,594	2,792	35,667	3,692
Gain on bargain purchase				30,728
Total non-interest income (loss)	120,927	32,956	143,450	89,222
Non-interest expense
Employee compensation and benefits	(27,288)	(12,509)	(46,224)	(23,957)
Allocated employee compensation and benefits from related party	(1,250)	(1,250)	(2,500)	(2,103)
Variable expenses on residential mortgage banking activities	(36,446)	(13,501)	(56,575)	(22,677)
Professional fees	(1,919)	(1,586)	(4,475)	(3,415)
Management fees - related party	(2,666)	(2,495)	(5,227)	(4,492)
Incentive fees - related party	(3,506)		(3,506)
Loan servicing expense	(10,327)	(4,571)	(15,898)	(8,219)
Merger related expenses	(11)	(603)	(58)	(6,070)
Other operating expenses	(17,745)	(8,085)	(31,487)	(14,947)
Total non-interest expense	(101,158)	(44,600)	(165,950)	(85,880)
Income (loss) before provision for income taxes	40,163	8,289	(19,290)	35,734
Income tax (provision) benefit	(5,500)	2,956	2,437	5,959
Net income (loss)	34,663	11,245	(16,853)	41,693
Less: Net income (loss) attributable to non-controlling interest	810	276	(254)	1,257
Net income (loss) attributable to Ready Capital Corporation	$ 33,853	$ 10,969	$ (16,599)	$ 40,436
Earnings (loss) per basic common share
Earnings (loss) per common share - basic	$ 0.62	$ 0.25	$ (0.33)	$ 1.05
Earnings (loss) per diluted common share
Earnings (loss) per common share - basic	0.62	0.25	(0.33)	1.05
Earnings (loss) per common share - diluted	$ 0.62	$ 0.25	$ (0.33)	$ 1.05
Weighted-average shares outstanding
Basic	53,980,451	44,425,598	52,982,246	38,524,023
Diluted	54,013,958	44,431,263	53,015,753	38,527,317
Dividends declared per share of common stock	$ 0.25	$ 0.40	$ 0.65	$ 0.80