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Earnings per Share of Common Stock (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Continuing Operations    
Net income (loss) $ 28,947 $ (51,516)
Less: Income attributable to non-controlling interest 659 (1,064)
Less: Income attributable to participating shares 657 463
Basic earnings 27,631 (50,915)
Discontinued Operations    
Net income (loss) attributable to Ready Capital Corporation 28,007 (50,452)
Diluted Earnings    
Net income (loss) 28,947 (51,516)
Less: Income attributable to non-controlling interest 659 (1,064)
Less: Income attributable to participating shares 657 463
Diluted earnings $ 27,631 $ (50,915)
Basic - Average shares outstanding 56,817,632 51,984,040
Effect of dilutive securities - Unvested participating shares 25,816 5,973
Diluted - Average shares outstanding 56,843,448 51,990,013
Earnings Per Share Attributable to RC Common Stockholders:    
Basic $ 0.49 $ (0.98)
Diluted $ 0.49 $ (0.98)
Conversion spread value on Convertible Notes $ 0  
Impact of Convertible Notes on diluted EPS $ 0