CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Assets
Cash and cash equivalents	$ 229,531	$ 138,975
Restricted cash	51,569	47,697
Loans, net (including $10,766 and $13,795 held at fair value)	2,915,446	1,550,624
Loans, held-for-sale, at fair value	552,935	340,288
Paycheck Protection Program loans (including $3,243 and $74,931 held at fair value)	870,352	74,931
Mortgage backed securities, at fair value	99,496	88,011
Loans eligible for repurchase from Ginnie Mae	94,111	250,132
Investment in unconsolidated joint ventures	141,148	79,509
Purchased future receivables, net	7,872	17,308
Derivative instruments	7,022	16,363
Servicing rights (including $120,142 and $76,840 held at fair value)	204,599	114,663
Other assets	172,098	89,503
Total Assets	9,534,031	5,372,095
Liabilities
Secured borrowings	2,517,600	1,294,243
Paycheck Protection Program Liquidity Facility (PPPLF) borrowings	941,505	76,276
Convertible notes, net	113,247	112,129
Senior secured notes, net	342,035	179,659
Corporate debt, net	441,817	150,989
Guaranteed loan financing	345,217	401,705
Contingent consideration	16,400
Liabilities for loans eligible for repurchase from Ginnie Mae	94,111	250,132
Derivative instruments	410	11,604
Dividends payable	34,348	19,746
Accounts payable and other accrued liabilities	184,079	135,655
Total Liabilities	8,245,072	4,537,887
Preferred stock Series C liquidation preference, $25.00 per share (refer to Note 21)	8,361
Commitments and contingencies (refer to Note 21)
Stockholders' Equity
Preferred stock Series E, liquidation preference $25.00 per share (refer to Note 21)	111,378
Common stock, $0.0001 par value, 500,000,000 shares authorized, 75,838,050 and 54,368,999 shares issued and outstanding, respectively	8	5
Additional paid-in capital	1,161,853	849,541
Retained earnings (deficit)	8,598	(24,203)
Accumulated other comprehensive loss	(5,733)	(9,947)
Total Ready Capital Corporation equity	1,276,104	815,396
Non-controlling interests	4,494	18,812
Total Stockholders' Equity	1,280,598	834,208
Total Liabilities, Redeemable Preferred Stock, and Stockholders' Equity	9,534,031	5,372,095
Consolidated Excluding VIEs
Assets
Cash and cash equivalents	229,531	138,975
Restricted cash	51,569	47,697
Loans, net (including $10,766 and $13,795 held at fair value)	2,915,446	1,550,624
Real estate, held for sale	42,288	45,348
Other assets	172,098	89,503
Consolidated VIEs
Assets
Total Assets	4,145,564	2,518,743
Liabilities
Secured borrowings	$ 3,214,303	$ 1,905,749