CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Assets
Cash and cash equivalents	$ 308,428
Restricted cash	62,961
Loans, net (including $13,618 and $13,795 held at fair value)	1,611,826	$ 1,550,624
Paycheck Protection Program loans (including $38,388 and $74,931 held at fair value)	1,292,808	74,931
Mortgage backed securities, at fair value	682,948	88,011
Loans eligible for repurchase from Ginnie Mae	221,464	250,132
Investment in unconsolidated joint ventures	75,048	79,509
Purchased future receivables, net	13,240	17,308
Derivative instruments	12,529	16,363
Servicing rights (including $98,542 and $76,840 held at fair value)	138,941	114,663
Other assets	151,503	89,503
Total Assets	8,016,955	5,372,095
Liabilities
Secured borrowings	2,064,785	1,294,243
Paycheck Protection Program Liquidity Facility (PPPLF) borrowings	1,132,536	76,276
Convertible notes, net	112,405	112,129
Senior secured notes, net	179,744	179,659
Corporate debt, net	333,317	150,989
Guaranteed loan financing	386,036	401,705
Liabilities for loans eligible for repurchase from Ginnie Mae	221,464	250,132
Derivative instruments	4,403	11,604
Dividends payable	9,631	19,746
Accounts payable and other accrued liabilities	162,465	135,655
Total Liabilities	6,818,709	4,537,887
Preferred stock Series C liquidation preference, $25.00 per share (refer to Note 21)	19,494
Stockholders' Equity
Preferred stock Series B and D, liquidation preference $25.00 per share (refer to Note 21)	98,241
Common stock, $0.0001 par value, 500,000,000 shares authorized, 71,221,699 and 54,368,999 shares issued and outstanding, respectively	7	5
Additional paid-in capital	1,088,512	849,541
Retained earnings (deficit)	(20,027)	(24,203)
Accumulated other comprehensive loss	(7,042)	(9,947)
Total Ready Capital Corporation equity	1,159,691	815,396
Non-controlling interests	19,061	18,812
Total Stockholders' Equity	1,178,752	834,208
Total Liabilities, Redeemable Preferred Stock, and Stockholders' Equity	8,016,955	5,372,095
Consolidated Excluding VIEs
Assets
Cash and cash equivalents	308,428	138,975
Restricted cash	62,961	47,697
Loans, net (including $13,618 and $13,795 held at fair value)	1,611,826	1,550,624
Loans, held-for-sale, at fair value	473,078	340,288
Real estate, held for sale	73,454	45,348
Other assets	151,503	89,503
Consolidated VIEs
Assets
Total Assets	2,898,727	2,518,743
Liabilities
Secured borrowings	$ 2,211,923	$ 1,905,749